A chieftain of the Peoples Democratic Party (PDP) and one of the spokespersons of Atiku Abubakar in the 2023 presidential election, Daniel Bwala has predicted that a dollar may be exchanged for N2,000 if nothing urgent is done by President Bola Tinubu and his economic team.
A US dollar is currently trading at N1, 130 at the parallel market.
In a post on X ( formerly Twitter) Bwala, who is a former member of the ruling All Progressives Congress (APC) said the way the Nigerian economy is sinking calls for serious proactive action by the federal government.
He wrote “The way the ecolomy is sinking, if serious care is not taking , by Christmas the dollar would sell for N2000. Everything rises and falls on the naira value”.
“Where are the Wale Edun and Yemi Cardoso of this world that they told us one will walk on waters and the other would turn water to wine”.
“Big big grammar, but no single sign of light at the end of the tunnel. Largest cabinet in the world, but only one minister is working; Bunmi Tunji-Ojo”.