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President Tinubu Plans to Abolish Naira, Introduce Dollar as Nigeria Currency?

Enudi Golden by Enudi Golden
January 11, 2024
in Headline, News
Reading Time: 1 min read
President Tinubu Plans to Abolish Naira, Introduce Dollar as Nigeria Currency?
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President Tinubu Plans to Abolish Naira, Introduce Dollar as Nigeria official Currency? this has been a topic of discussion for some days now. is this really true? see fact check below. 

Fact Check: President Tinubu’s Alleged Plan to Abolish Naira and Introduce Dollar

Verdict: False

Recent claims suggesting that President Bola Tinubu plans to abolish Nigeria’s currency, the naira, in favor of the dollar are false. These claims are based on a video circulating on TikTok, but investigations have revealed that the video was digitally manipulated.

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Upon thorough fact-checking:

  • Arise News, a recognized news source, has not posted any video of President Tinubu making such a statement.
  • There is no official statement or evidence of President Tinubu planning to abandon the naira in favor of the dollar.
  • Upon close examination of the video, discrepancies in lip movements between the anchor and President Tinubu suggest that the video has been altered.

Arise News has distanced itself from the video and stated that it is a deep fake video created by individuals spreading fake news.

Therefore, the claim that President Tinubu intends to abolish the naira and introduce the dollar as Nigeria’s currency is entirely false and should be regarded as misinformation. It is essential to rely on credible sources and verified information when evaluating such claims to prevent the spread of false information.

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