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Presidency Debunks Buhari’s Promise to Make One Naira Equal to a Dollar


The Presidency has debunked trending reports that President Muhammadu Buhari during his campaigns in 2015, promised to make one naira equivalent to one US dollar.

According to the president’s special adviser on media and publicity, Femi Adesina, reports that Buhari promised Nigerians to make one naira equal to one dollar is totally false.

Adesina made the rebuttal on Sunday when he featured as a guest on Channels TV Sunday politics.

“It does not exist, it is fake, it is false, it is apocryphal, it doesn’t,” he declared.

However, reports had it in 2015 while campaigning for office, the News Agency of Nigeria (NAN) quoted Mr. Buhari who was then the presidential candidate of the All Progressives Congress (APC) to have promised to ensure that the naira would be equal to the dollar in value if voted into office.

He was quoted to have made the promise on Monday, March 23, 2015, during the south-east presidential rally of the party at Dan Anyiam Stadium, Owerri.

“It is sad that the value of the naira has dropped to more than N230 to one dollar. This does not speak well for the nation’s economy,” he said in part.