The Senator Nenadi Usman-led Labour Party has knocked President Bola Tinubu for rewarding the Super Falcons of Nigeria with dollars instead of Naira following the victory at the Women’s Africa Cup of Nations (WAFCON) 2025.
Naija News reports that Tinubu on Monday evening offered each player a cash reward of $100,000 and each coach and support staff member $50,000.
However, the party, in a statement on Tuesday, by the Senior Special Adviser (Media) to the Interim National Chairman, Ken Asogwa, described Tinubu’s action as utterly shameful and unpatriotic.
The Labour Party expressed regret that the nation’s foremost custodian and presumed chief ambassador of the Nigerian Naira chose to reward the gallant Super Falcons in United States dollars.
According to LP, with the latest development, Nigerians should expect the presentation of the national budget in dollars.
The statement added, “Watching the president, on national television, announce that the victorious Super Falcons would receive financial rewards ‘equivalent to $100,000’ was not only nauseating but deeply unpatriotic.
“Even if, as some may argue, he meant the Naira equivalent, the symbolic elevation of the dollar over our national currency by the Commander-in-Chief is a damning indictment of his administration’s economic mindset.
“This act speaks volumes about the level of disdain and lack of faith this government has in the Naira the very symbol of our economic sovereignty. Perhaps, at this rate, we should expect the national budget to soon be presented in dollars, or worse still, in a basket of foreign currencies.
“The Tinubu administration, having supervised the free fall of the Naira from an already precarious N500 to over N1,500 to the dollar appears to have thrown in the towel.
“A president who openly shies away from promoting his national currency sends a dangerous message to the world and to his citizens: that the Naira is not worth defending.
“It is no surprise, therefore, that the World Bank, in its latest review, listed the Naira among the worst-performing currencies in Sub-Saharan Africa depreciating by approximately 43% year-to-date.
“This has been attributed to surging demand for the US dollar and an eroded confidence in the Naira, the actual practice the president has been busy abetting.
“When the highest office in the land sets such a tone, what moral ground do we stand on to call on others to have faith in our currency? If this is not patriotism in reverse, then what is?”
The post ‘We Should Expect National Budget To Be Presented In Dollars’ – Labour Party Blasts Tinubu Over $100k Reward To Super Falcons appeared first on Naija News.