Isaac Fayose, the brother to a former governor of Ekiti state, Ayo Fayose has advised president Bola Tinubu to shut down and auction all foreign currencies in the domiciliary accounts of Nigerians in different banks in the country.
He said that this will flood the market with forex and solve the depreciation of the Naira against the Dollar.
In a video that has gone viral, Isaac said the president should give a directive that any account that has more than $1500 should be converted to Nigeria.
He added that Tinubu should ensure no one, irrespective of status is spared.
‘’You have to be wicked, do not look at anyone’s face. If you want the Dollar to come down, just come on TV and tell all of us that have a domiciliary account that if you see more than 1500 in a private account, you will seize it or auction it or replace it with Naira.
Even me, auction my money, my brother auctions his own. All the former governors, auction it. Anybody that keeps Dollar, auction it, change it to Niara for them. Don’t store Dollars here. If you want to store Dollars, go and store it America. If you want to store pounds, go to London”
Related
