Nigerian Presidency Responds to Naira's Rise Over US Dollar; Atiku and Obi Criticized

The Nigerian Presidency responded to claims that the US dollar is no longer dominant over the naira, stating that key figures like Atiku Abubakar and Peter Obi won't celebrate this. The Presidency highlighted a report of a Chinese trader accepting naira card transactions, indicating a shift away from the US dollar.

President Bola Tinubu's spokesman, Bayo Onanuga, emphasized the strengthening of the naira in international exchanges. Despite this, opposition leaders Atiku and Obi were criticized for not acknowledging the positive economic development.

The statement suggested that the naira's rise challenges the US dollar's supremacy. This development reflects ongoing political tensions and economic shifts in Nigeria.