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‘N5bn palliative to states diversionary, wasteful’ – Falana

Human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has described the Federal Government’s N5 billion fuel subsidy removal palliatives as diversionary and wasteful.

Falana disclosed this on Friday during an interview on ChannelsTV’s Sunride Daily monitored by Politics Nigeria.

According to the senior lawyer, President Tinubu should address the root cause of the problem which he described as the “dollarization” of Nigeria’s economy.

“Most of the interventions are temporary, sometimes diversionary, because the major problem is the dollarisation of the economy”, he stated.

Falana said that the Central Bank of Nigeria was wrong to have floated the Naira at the foreign market.

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