{"id":113960,"date":"2024-03-23T22:32:22","date_gmt":"2024-03-23T21:32:22","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians"},"modified":"2024-03-24T00:55:17","modified_gmt":"2024-03-23T23:55:17","slug":"convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians","title":{"rendered":"Convert dollars in your possession to Naira \u2014 Oluwo begs Nigerians"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has appealed to Nigerians to convert the dollars in their possession to Naira.<\/p>\n

The Osun monarch who challenged Nigerians to demonstrate patriotism, blamed the exchange rate crisis on Nigerians hoarding the foreign currency.<\/p>\n

Akanbi who made this call in a statement by his spokesman, Alli Ibraheem on Saturday, also disclosed that the availability of dollar in the market will reduce the exchange rate and ultimately checkmate inflation hitting hard on Nigerians.<\/p>\n

Stating that dollar hoarders are part of those frustrating the economy, he asked them to be wary of posterity noting that most rich Nigerians are culpable.<\/p>\n

He also appealed to them to save Nigeria by disposing dollars in their possession.<\/p>\n

The statement reads, \u201cI am appealing to Nigerians most especially the wealthy individual hoarding dollars to demonstrate patriotism by selling and convert foreign currency in their possession to Naira.<\/p>\n

\u201cDollar hoarders have created artificial scarcity, thus leading to high exchange rate and ultimately lead to inflation.<\/p>\n

\u201cPumping the hoarded dollars in circulation will lubricate our economy and decimate the hardship on innocent masses.<\/p>\n

\u201cAs I speak, I have emptied my dollar account. We can only get there if we are ready to sacrifice by jettisoning selfish economic policies capable of suffocating our survival.<\/p>\n

\u201cNigerians are equally enjoined to patronise made in Nigeria products. I have taken that lead among the traditional rulers. I was the first Nigerian monarch to buy a made in Nigeria Innoson vehicle. My wears most especially the \u2018Ofi\u2019 are hundred percent made in Nigeria. With public enlightenment on patronage of Nigerian goods, we can have a more prospering and friendly economy.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has appealed to Nigerians to convert the dollars in their possession to Naira. The Osun monarch who challenged Nigerians to demonstrate patriotism, blamed the exchange rate crisis on Nigerians hoarding the foreign currency. Akanbi who made this call in a statement by his spokesman, […]<\/p>\n","protected":false},"author":84,"featured_media":113959,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,2587,1623,254],"class_list":["post-113960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-dollars","tag-naira","tag-nigeria"],"yoast_head":"\nConvert dollars in your possession to Naira \u2014 Oluwo begs Nigerians - Nigeria<\/title>\n<meta name=\"description\" content=\"The Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has appealed to Nigerians to convert the dollars in their possession ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Convert dollars in your possession to Naira \u2014 Oluwo begs Nigerians\" \/>\n<meta property=\"og:description\" content=\"The Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has appealed to Nigerians to convert the dollars in their possession ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-03-23T21:32:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-23T23:55:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1711221610.209401.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1050\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Convert dollars in your possession to Naira \u2014 Oluwo begs Nigerians\",\"datePublished\":\"2024-03-23T21:32:22+00:00\",\"dateModified\":\"2024-03-23T23:55:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\"},\"wordCount\":296,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/03\/sm_1711221610.209401.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Dollars\",\"naira\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/policy\/convert-dollars-in-your-possession-to-naira-oluwo-begs-nigerians\",\"name\":\"Convert dollars in your possession to Naira \u2014 Oluwo begs Nigerians - 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