How IBB destroyed naira -Buhari

Nigeria’s President, Muhammadu Buhari on Friday revealed how former military President, Ibrahim Badamosi Babagida, IBB, murdered the Naira.

Buhari while speaking with the BBC, traced the origin of some of the problems facing the country’s currency to the Structural Adjustment Program, SAP, of IBB’s regime,

IBB had in 1986 and 1988 instituted SAP which is said to have been responsible for the downward trend of the Naira. SAP is a loan provided by the International Monetary Fund, IMF, and the World Bank to countries facing economic turmoil.