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Sen. Ben Bruce List 4 Things Buhari Can Do That’ll Raise The Value of Naira

Farouk Mohammed
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Farouk Mohammed
ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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Published: 2015/12/29
1 Min Read
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Ben11

Senator Ben Murray Bruce, in a series of tweets has faulted the recent ban on use of Naira cards abroad. According to him, restricting Nigerian ATM leads to capital flight. “We should ban/tax imported items that fritter away our reserves”

  • “1.1 million units of Champagne imported to Nigeria in 2014 at $100 per unit. That’s $110 Million. Ban or tax that” he says.
  • “FG, State & LG officials import luxury cars when Peugeot, Kia & Nissan assemble locally. Patronize them & save costs”
  • “States Govts sponsor thousands annually for pilgrimage. Pilgrimage should be a sacrifice. Let people pay themselves”
  • “FG reversed Jonathan’s ban on importation of rice. Why? If Nigerians don’t eat foreign rice, we won’t die! Ban it!”
TAGGED:Ben Brucebuhari
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ByFarouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.
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Next Article Why We Can’t Reverse Ban On ATM Cards Abroad — CBN

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