Arewa Youth Expresses Concern Over Call By Osinbajo For Naira Devaluation


Arewa Youth Assembly (AYA) has expressed concern over the call by Vice President Yemi Osinbajo on the Central Bank of Nigeria (CBN) to devalue the naira.

The Youth, which said that the call will pitch President Muhammadu Buhari against the masses, added that devaluation of naira at this time can never be a popular decision.

AYA, in a statement by its Acting Speaker, Comrade Muhammad Azare Tahir, said, “as youths who have many members who are knowledgeable in economy, we are of the view that this call was deliberately made to pitch President Muhammadu Buhari against the masses, who will be on the receiving end of any rash economic decision such as this.

“We are therefore calling on the CBN to resist any attempt to foist any unpopular decision on it because it will be made the scapegoat once the populace begin to bear the brunt.

“We also call on our leaders to stop playing politics with issues such as the economy.

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“Call for the devaluation of the naira can never be a popular decision and we urge the CBN to avoid it in order not to attract unnecessary criticism to itself.

“We also believe that this decision is capable of eroding all the economic gains so far made by this administration.”

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