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Adopting floating exchange rate overkill by Tinubu govt – Atiku on FX

Adopting floating exchange rate overkill by Tinubu govt – Atiku on FX

Atiku Criticizes Tinubu’s Floating Exchange Rate System

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Former Nigerian Vice President Atiku Abubakar has labeled President Bola Tinubu’s floating exchange rate system as “an overkill.”

Atiku suggested a managed-floating system instead, stating a fixed rate would not align with Nigeria’s open economy philosophy.

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He emphasized eliminating multiple exchange rate windows to curb opportunism and fraud.

For more on Atiku’s economic proposals and Nigeria’s exchange rate reforms, consider searching online for the latest updates.

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