The NACCIMA president noted that it would take time for businesses to adjust to the floating of the naira, a recent policy introduced by the Central Bank of Nigeria.
“We were enjoying the free rate and what has happened is that our demand has gone far beyond our needs. So, what I am saying is that this burden has now been removed and that is why I can see some level of excess cash coming into the coffers of the government.
Source: News Formal (newsformal.com)
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