President Muhammad Buhari has said that the forex crisis in the country is being managed by his administration and that not every Nigerian will be able to access foreign exchange at official rates in the country.
The President made the revelation during an interview with Talk With Al Jazeera during his visit to Qatar.
When asked by the interviewer about the inability of parents with children schooling abroad to purchase forex at affordable rates to keep their children in school.
President Buhari said, “Not every Nigerian can afford it and the country cannot continue to subsidize the forex needs of everyone.”
Reminded by the interviewer that his own children school abroad, President Buhari said “I can afford it.”
The Al Jazeera anchor then asked, “So it’s their tough luck then?” in reference to those Nigerians who are unable to afford the school fees.
The President responded by shrugging his shoulders.
Many Nigerians voted for President Buhari due to the ability of his campaign managers to dress him up as a man of very modest means who could relate to the pains of ordinary Nigerians. However it appears Buharinomics may not be as forgiving to those class of Nigerians as they would have liked.