Anyaoku backs Buhari's position on naira exchange rate

A former Secretary-General of the Commonwealth, Chief Emeka Anyaoku, on Tuesday in Ibadan endorsed President Muhammadu Buhari's stand against the devaluation of the naira.

Anyaoku spoke at the presentation of Ambassador Olusola Sanu's memoirs 'Audacity on the Bound: A Diplomatic Odyssey.'

He called on Buhari to maintain his stance and also assemble a team of economic experts on the issue.

Anyaoku, however stressed the need to take the nation out of its present economic crisis.

He bemoaned the present exploitation of the Nigeria Presidential system by the new generation politicians, whom he blamed for the nation's woes.

'I have worked closely with the old political leaders, who during their time were hardworking, brilliant and known for high level of integrity.

He said that Sanu was one of the brightest administrators in Nigeria, who lived a life of hard work and integrity. Punch