Isaac Fayose, brother of former Ekiti Governor, Ayo Fayose, has urged President Bola Tinubu to seize individual domiciliary accounts above $1,000 as a measure to tackle the depreciation of the naira.
He said this in a viral video shared on social media on Thursday, February 2.
“The President should come to the television addressing Nigerians and order that any private domiciliary account that has more than $1,000 will be seized or auctioned and replaced with naira.
“All individuals including myself, my brother and all the former Governors that have dollars stored, auction their dollars and change it to naira.
“Don’t store dollars here. If you want to save dollars go to America. If you want to save pounds, go to London. If you want to save Euros , go to Europe,” he said.
Mr Fayose’s statement comes in the wake of the Naira free fall against the dollar.
Auction excess Dollars in individual, ex- gov’s accounts – Isaac Fayose tells Tinubu