Nigeria's Government Takes Aim at Economic Saboteurs: A Battle Against Market Manipulation
In a recent development, Nigeria's government, led by Senator Opeyemi Bamidele, has announced its intent to prosecute individuals deemed "economic saboteurs." These individuals are accused of manipulating the markets, specifically affecting the exchange rates, and contributing to the challenges faced by Nigerian citizens.
Senator Bamidele contends that these economic saboteurs are responsible for keeping exchange rates high against the Naira and attempting to limit access to the currency for those who maintain their funds in banks. He emphasises that the government is prepared to take decisive action against such actors, with plans to commence prosecutions in the coming year.
This announcement has sparked debates and discussions, with questions arising about the government's commitment to addressing economic challenges and whether this move is a genuine effort or political rhetoric. The issue of economic sabotage and market manipulation is a critical concern for Nigeria, and the government's response will likely be closely monitored by citizens and economic observers alike.
Host: Kofi Bartels
Guests:
1. Razaq Olokoba, Fellow, Chartered Public Administrator, Lagos, Nigeria
2. Samson Osagie, Legal Practitioner, Lagos, Nigeria
3. Ademola Bayonle, Political Analyst, San Francisco, California, United States
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Nigeria's Government Takes Aim at Economic Saboteurs: A Battle Against Market Manipulation | Politics HQ | 26-12-23
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