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Forex: FG Investigating Those Involved In Illegal Activities, Sabotage- Information Minister

The Minister of Information and National Orientation, Mohammed Idris has disclosed that the government has been working round the clock in the past few days to identify, investigate and sanction those involved in illegal activities and sabotage within the forex market.


Idris, who stated this in a statement on Friday, said that the government’s effort is yielding results as the naira is stabilizing, and the foreign exchange market is seeing a surge of inflows.


The minister said that the government will not allow its efforts to be jeopardised, noting that the removal of the petrol subsidy was one policy decision that all the three major candidates agreed on in their campaign messages.


He, however, stated that it was mystifying to see people who had argued stridently for the removal of subsidy now pretending to be against it, noting that such insincerity does not bode well for the country.