Adewole Adebayo, the 2023 SDP presidential candidate, has said that when people lament a rise in the dollar's value, it indicates that the policy's goal is to make it high to deter people from using it for certain purposes, like going overseas for medical treatment, religious pilgrimages, or other costs.
In an interview with AIT, Adebayo said that the goal of the government's strategy is to incentivize people to look for alternatives within Nigeria, hence decreasing the need for foreign money. In addition, he recommended that instead of depending solely on overseas purchases, individuals think about their local possibilities. Apparently for him.
" Please allow me to clarify something for you Nigerians. The goal of the program is to raise the price of the dollar to the point where it becomes unappealing and causes you to seek out alternatives. If you're someone who typically gets their medical checkups done in London, you could be thinking, "Maybe I can go to Ondo, Ife, or Enugu and do it or Kano." Since God is everywhere, you might wonder if you should just pray at your home if you have been traveling to Mecca to offer prayers to him. If you have been seeing Jesus in Jerusalem, you may be thinking, "Since Jesus is everywhere, perhaps I won't do that."