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Politics

‘Peter Obi Should Spread This Good News’ – Bayo Onanuga Taunts Former Governor As Naira Holds Ground Against Dollar

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Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has called on the Labour Party (LP) 2023 presidential candidate, Peter Obi, to acknowledge the recent positive movement of Nigeria’s currency, Naira.

Naijaonpoint reports that Onanuga, in a post via X on Thursday, said the Naira has been holding its ground against the US dollar and other foreign currencies.

Onanuga’s post followed Bloomberg reports that the Naira is experiencing an unusual period of stability. Analysts also expressed optimism that this trend could continue.

Despite the Naira losing 70% of its value against the dollar since the relaxation of foreign exchange controls in 2023, including a significant depreciation over the past 12 months, Onanuga described the recent stability as positive news and urged Peter Obi to spread it.

He wrote, “The naira is holding its ground against the greenback and other currencies. This is good news, not bad news. I invite Mr. Peter Obi to retweet the exhilarating story.”

Meanwhile, the Chairman of Labour Party (LP) in Enugu State, Casmir Agbo, has urged critics to desist from attacking the 2023 presidential candidate of the party, Peter Obi.

He argued that Obi’s statement on the poor state of the nation does not warrant the criticism he is facing.

He warned that there would be consequences in Nigeria if anything should happen to the former Anambra Governor.

Addressing newsmen in Enugu, Agbo said that the anti-Obi reactions meant that true democracy was not in practice in the country.

He said the reactions from APC to Obi’s points were in contrast to President Tinubu’s activism during the military era.

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