Following Chinese businesses’ recent decision to accept Naira over dollars in transactions with Nigerian investors, as commonly practised due to the Naira to Dollar instability, the Lagos State Chapter of the All Progressives Congress has welcomed the move, attributing it to the effectiveness of President Bola Tinubu’s economic policies.
APC commended the move in a statement signed by its spokesperson, Seye Oladejo, describing it as a bold step which represents a milestone in Nigeria’s economic diplomacy, signalling the growing global confidence in the Naira under the leadership of President Tinubu.
In the statement, APC highlighted comprehensive takeaways for Nigerians and intending investors in the Nigeria-China trade relations.
