Ben Bruce Hails Tinubu As Naira Officially Floats on I&E Forex Window

Hamilton Nwosa
Writer

Ad

Oil Recovers After 8% Drop

An 8% weekly loss is a rare occurrence in oil markets, especially if it comes on the back of five straight daily declines. Even though Friday’s trading has shown a marginal recovery with ICE Brent edging closer to $65 per barrel, however it seems that Sunday’s OPEC+ meeting could prompt further price declines in case…

Boko Haram’s Ambition Was Similar to What Fueled Nigeria’s Civil War, Jonathan Warns

By Abiola Olawale Former Nigerian President Goodluck Jonathan has likened the ambitions of Boko Haram insurgents to the grievances that fueled the nation's 1967-1970 Civil War. Speaking at the public presentation of Scars, a book authored by former Chief of Defence Staff, Gen. Lucky Irabor (retd.), on Friday, Jonathan claimed that Boko Haram wanted more…

Ad

Former Senator and Founder of the Silverbird Group, Ben Murray Bruce, on Wednesday, praised President Bola Ahmed Tinubu, over the Central Bank’s decision to officially flow the Naira on I&E Forex Window.

Senator Bruce in a tweet on his Twitter handle tagged a screenshot of Businessday news article with the headline “Nigeria officially floats naira as I&E rate hits N755 per dollar”

According to him, Tinubu is the first President of Nigeria with a financial background and advised that those businessmen who always go to the presidential villa to get tax waivers and other economic benefits should desist from such acts.

“Let me tell our 419 businessmen some hard truths. Your days of going to the villa at night to get import duty exemptions, tax waivers, fraudulent judgement claims and bogus business deals are over. Focus on legitimate business deals.

“Tinubu will not pick a winner like past Presidents. This time you will have to earn your position in the Nigerian Economy.”

Tinubu’s two weeks in office have left many Nigerian tongues wagging following his tough decisions after his first inaugural speech ended the oil subsidy regime.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp