Federal government of Nigeria is benefiting from dollar-naira rise.

Senator Ali Ndume has made a bombshell accusation, claiming that the government is exploiting the currency exchange rate crisis for its own gain, while Nigerian citizens bear the brunt of the suffering. Speaking with Channels Television’s Politics Today, Ndume asserted that the government is profiteering from the dollar-naira exchange rate volatility, which has led to a sharp increase in the cost of living for ordinary Nigerians.

 This startling claim has sparked widespread outrage and concerns about the government’s priorities and handling of the economy. As the naira continues to plummet in value, the price of essential goods and services has skyrocketed, leaving many citizens struggling to make ends meet.

Ndume’s accusation has also raised questions about the government’s commitment to the welfare of its citizens. Instead of taking steps to stabilize the currency and alleviate the suffering of the people, the government is allegedly profiting from their misfortune. The senator’s bold statement has sparked a national conversation about the need for transparency and accountability in government.

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