Naira devaluation responsible for inflation, not fuel prices – APC chieftain reveals

Naira devaluation responsible for inflation, not fuel prices – APC chieftain reveals …C0NTINUE READING HERE >>>

Former member of the All Progressives Congress Presidential Campaign Council, APC PCC, Ayobami Oyalowo, has revealed the real issue behind Nigeria’s rising inflation.

While speaking on Channels Television’s The Morning Brief programme on Tuesday, Oyalowo stated that the probblem is not fuel prices but the continuous devaluation of the naira against the dollar.

He said, “I don’t think the price of fuel is a major problem; what is not improving and what is causing most of this…

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