The Senator representing Abia North in the National Assembly (NAAS), Dr Orji Uzor Kalu, has called for the ban of dollars in Nigeria, stressing that the government must go back to abolish the use of foreign currencies in business transactions.
The APC Senator spoke as part of his contribution during the appearance of the CBN Governor, Olayemi Cardoso, before the finance committee of the upper chamber.
“What plans are you putting in place to strengthen the Naira? We must go back to abolish the use of dollars unless to those who are authorized.
“In South Africa, nobody buys anything with dollars. I can see the shops in Abuja putting their goods to be bought in dollars. So what have you done? Where we are now, there is no foreign direct investment that will come to Nigeria, I’m really worried. People are leaving.”
Kalu added: “And what else have you made to bring to book those 2.7 billion dollars that you say that they have been in default of the documents? Who are the Nigerians that have defaulted these documents?
“You must bring them the book and you must make it public because people are attacking us. I can’t go to my constituency. If I go to my constituency, people are hungry, people are shouting at us, and people think we the senators are the cause of the economic problem. We are just making laws. It’s left for you people to execute it.
“So for me, what plans are you making right away to reconcile with NLC and TUC? They have given a 14-day ultimatum. What are we doing to stop that movement? Because I don’t want to see people say this is politics, this is not politics. These people are legitimately doing what they are doing,” he added.
