Friday, January 26, 2024 - The Chairman of the
Presidential Council of Economic Advisors, Dr. David Ndii, has mocked Kenyans
who believed in President William Ruto and Deputy President Rigathi Gachagua's
lie that the Government-to-Government oil deal with Saudi Arabia would
stabilize the shilling.
Ruto, through Gachagua, had hinted at the shilling gaining
strength against the dollar in the government-to-government oil deal with Saudi
Arabia.
However, on Friday, Ndii laughed at a section of Kenyans who
demanded an apology from the government for promising to stabilise the
shilling.
His response was specifically directed to a tweet that asked
senior government officials to seek atonement for what he claimed was
misleading Kenyans to offload their dollars at the onset of the deal set to end
in December this year.
"David Ndii, Rigathi Gachagua and Cleophas
Malala repent for fleecing and mocking Kenyans," the Kenyan
commented.
“You Believed him?” Ndii contemptuously commented.
In the video recorded during a press briefing in April last
year, Gachagua asked Kenyans hoarding dollars in fear of the shilling devaluing
to revert to consider their financial decisions.
Gachagua also stated that the country was using a lot of
dollars to purchase fuel, and thus the demand for the dollar would go
down.
The G2G deal which was launched by President William Ruto in
April 2023, was aimed at stabilising the Shilling against the Dollar as Kenya
purchased oil on credit but has since failed as the shilling is on a
free-fall
The Kenyan DAILY POST
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