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Nigeria’s Buhari Reassures Investors on Naira, Restive Delta

  • Buhari says government to take ‘close look’ at currency
  • Plans to hold talks with leaders of Delta to curb oil attacks
Nigerian President Muhammadu Buhari.

Nigerian President Muhammadu Buhari.

Photographer: Dan Kitwood/AFP via Getty Images
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Nigerian President Muhammadu Buhari tried to reassure investors that he has the country’s currency and oil-rich Niger River delta region in hand one year after taking office.

“We shall keep a close look on how the recent measures affect the naira and the economy,” Buhari, 73, said Sunday in a television broadcast to mark the first anniversary. “But we cannot get away from the fact that a strong currency is predicated on a strong economy.”