Reps move to ban use of foreign currencies

[MrVan]

The House of Representatives, yesterday, moved to ban the use of foreign currencies in local and domestic transactions in Nigeria. This was sequel to a motion brought to the floor of the House by Hon Nadu Karibe, representing Bayelsa State. Karibe who led the debate had argued that "every country has its currency which serves as a means of exchange, a symbol of identity, a source of pride and a sign of independence and economic stability."

Vanguard