President Buhari Reveals How IBB Destroyed Naira – A Must Read!
Nigeria’s President, Muhammadu Buhari on
Friday revealed how former military President, Ibrahim Badamosi
Babagida, IBB, murdered the Naira.
Buhari while speaking with the BBC,
traced the origin of some of the problems facing the country’s currency
to the Structural Adjustment Program, SAP, of IBB’s regime,
IBB had in 1986 and 1988 instituted SAP
which is said to have been responsible for the downward trend of the
Naira. SAP is a loan provided by the International Monetary Fund, IMF,
and the World Bank to countries facing economic turmoil.
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