Worried by the free fall of naira, Lagos State House of Assembly has lamented the continuous free fall of the Naira while calling on the federal government, the Central Bank of Nigeria (CBN) and the Ministry of Mineral Resources to sensitise Nigerians on their efforts to strengthen the nation’s currency.
The call was made by Hon. Obafemi Saheed during a plenary session while raising the issue under ‘Matter of Urgent Public Importance’ stating that the market forces were working against the currency.
The Speaker of the House Rt. Hon. Mudashiru Obasa said the CBN should regulate the system and also called on the Ministry of Mineral Resources and the Federal Government to work together after members took their turns to express views on the free fall of the Naira.