Dr. Farah Dagogo, a former member of the National Assembly, has voiced his concerns over the drastic depreciation of the Nigerian currency, stating, "The value of ₦40,000 in 2015 is equivalent to over ₦500,000 in today’s Nigeria."
Dagogo urged the Federal Government, led by President Bola Tinubu, to implement effective economic policies to alleviate the widespread suffering and hardships faced by the majority of Nigerians. He described the current living standards and economic conditions as "grim," warning that all indicators suggest "further pains for the citizenry."
The former lawmaker's remarks underscore the urgent need for comprehensive economic reforms to address the escalating cost of living and restore stability to the nation's economy.
| Posted: at | |
TRENDING GISTS 
Singer, Portable Weighs In On Mercy Johnson’s Drastic Weight Loss
I Faded Out Because I Became Less Ambitious’ Says Singer, Orezi
Ogun Female Broadcaster, Mrs. Bukola Agbakaizu Slumps And Dies at Work
Funke Akindele Makes List Of Hollywood’s ‘Most Influential Women In International Film’
VIDEO: Man Caught While Waiting For a Minor he Had Solicited S£x From Online
Rapper, Phyno Unveils His Daughter, Shares Adorable Video to Mark Her Second Birthday
Ex Madrid Player, Xabi Alonso Seals Managerial Move To Real Madrid As Ancelotti Bows Out