Nigeria can't get new dollars when exchange rate is artificially low -Osinbajo - Punch Newspapers

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Vice-President Yemi Osinbajo says that Nigeria cannot get new dollars into the system when the exchange rate is “artificially low.”

Osinbajo, who said the artificially low exchange rate was a deterrence to investors from bringing foreign exchange into the country, noted that, “As for the exchange rate, I think we need to move our rates to be as reflective of the market as possible. This, in my own respective view, is the only way to improve supply.

“Anyway, all those are issues that when the CBN governor has time to address, he will be able to address in full.”

 

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How can we get this resolved when the exchange rate is high and the country is yet to be industralise?

Oga stick with law abeg

The reason they stopped AbokiFX was to stop us from knowing how bad things are Its another of this govts gag order

🤔

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