N476/N480 (updated 30.11.16:noon)
buying/selling naira exchange rates per USD
Thursday, 1 September 2016

The honorable minister of Finance, Kemi Adeosun, has described Nigeria's current economic crises as the worst it could ever be.

The former Ogun State commissioner for Finance told newsmen in Abuja on Wednesday 31 August 2016:
"It’s the worst possible time for us. Are we confused? Absolutely not.

I think that we have a long way to go. We’re not confused and we’re not deceiving ourselves that everything is rosy. It’s not.

"It’s a difficult time for Nigeria but I think Nigeria is in the right hands and if we can stick with our strategy… We still have some adjustments to make. I think we need to make some adjustments in monetary policy."
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