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Prof. Osinbajo stated this in Abuja on Saturday evening at an event organized to mark the 2021 Mass Literacy Day by the MALLPAI Foundation, a non-governmental organisation founded in 2009 by Hajiya Aisha Atiku Bagudu, the wife of the Kebbi State Governor. 

He said the death of the former CBN deputy governor, whom he described as humble, modest gentleman of giant intellect, “comes at a time when current CBN officials have abrogated Adam Smith’s law of supply and demand in our FOREX regime and replaced it with ‘report rate and be banned’.”

The private member bill sponsored by Hon. Ajibola Muraina, member representing Ibarapa Central/Ibarapa North Federal Constituency, seeks to make comprehensive provisions for its due management and administration; and provide for other related.