On May 29, 2023, President Bola Ahmed Tinubu was sworn in as the new Nigerian president, and he announced that he would commit to fixing the multiple exchange rate system in Nigeria.
President Tinubu expressed displeasure with the multiple exchange rate system and promised to tackle it and remove fuel subsidies.
We are gathered here today to witness how the price of the naira against the dollar has fared since he resumed office on May 29, 2023.