Naira depreciation: Shehu Sani tells Muslims, Christians to pray for miracle

shehu sani

Senator Shehu Sani

By Taiwo Okanlawon

Former lawmaker and social critic, Shehu Sani, has asked Nigerian Muslims and Christians pray for a miracle amid the continuing depreciation of the value of the Naira, a f

In a post on his X handle on Wednesday, Sani advised adherents of both religions to fast if the miracle didn’t happen in seven days.

He said, “Muslims should pray for Naira this coming Friday. Christians should pray for Naira on Sunday. You will see miracle on Monday. If you don’t see it, fast for 7 days. If you still don’t see miracle, it means even miracle hath left thee because of thy sins.”

The Naira dropped to N1,740.00 per US Dollar on Tuesday, from N1,660 on Monday, at the parallel market.

However, the turnover of US Dollar supply at Tuesday’s official foreign exchange market surged by 76.61 per cent to $117.32 million as the Naira appreciated marginally.

FMDQ data indicated that FX Turnover increased to $117.32 million on Tuesday from $66 million on Monday.

The development led to the marginal appreciation of the Naira to N1,551.24 per US dollar on Tuesday from N1,574.62 on Monday.

This is the first time the Naira has appreciated against the US dollar at the official foreign market since last Thursday.

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