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Why Nigeria Must De-dollarize Its Economy Now. - Politics - Nairaland

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Why Nigeria Must De-dollarize Its Economy Now. by eddycolo(m): 12:51am On Dec 27, 2022
Re: Why Nigeria Must De-dollarize Its Economy Now. by VeeVeeMyLuv(m): 3:40am On Dec 27, 2022
How? grin
With culture of corruption and laziness?

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Re: Why Nigeria Must De-dollarize Its Economy Now. by smokinloud(m): 4:14am On Dec 27, 2022
Dat one na our politicians fault now.
Na dem dey keep stolen dollars with Aboki bureau de change.

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Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:05am On Dec 27, 2022
DUAL CURRENCY SYSTEM IS ILLEGAL EVERYWHERE.
BAD CURRENCY WILL ALWAYS DRIVE THE GOOD CURRENCY OUT OF CIRCULATION.
BUHARI, PANTAMI AND EMEFIELE HAVE BASTARDISED THE NIGERIAN CURRENCY SYSTEM ALMOST PERPETUALLY.
Re: Why Nigeria Must De-dollarize Its Economy Now. by ican2020: 5:08am On Dec 27, 2022
With confused leadership

Where some uninformed guys who cannot deferential between their left and right properly will attack people who choose to air their views

Nigeria’s economy is already in intensive care unit
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:11am On Dec 27, 2022
Dat one na our politicians fault now.
Na dem dey keep stolen dollars with Aboki bureau de change.

Delta/Daura Aboki bureau de change.
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:12am On Dec 27, 2022
BUHARI is leaving NIGERIA more VULNERABLE THAN he MET IT.
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:17am On Dec 27, 2022
ican2020:
With confused leadership

It's SCHIZOPHRENIA IN GOVERNMENT.
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:18am On Dec 27, 2022
VeeVeeMyLuv:
How? grin
With culture of corruption and laziness?


NIGERIA IS DOOMED.
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 5:21am On Dec 27, 2022
Leadership is schizophrenic.
Re: Why Nigeria Must De-dollarize Its Economy Now. by orisa37: 9:13am On Dec 27, 2022
A SCENARIO OF NAIRA VS DOLLAR MARKET AT KUBWA ABUJA.

1st TRADER : BUHARI AND OSINBAJO TRADING NAIRA.

2nd TRADER : ZAINAB AND EMEFIELE TRADING DOLLARS.

WHO AMONG THESE TWO GROUPS OF TRADERS WILL POLARISE AND DOMINATE THE MARKET FASTER?

FROM ORUNTO27: ORISAORUNTOSPEAKS.
IT IS ILLEGAL FOR TWO CURRENCIES TO CIRCULATE IN THE SAME MARKET SIMULTANEOUSLY. THE BAD WILL DRIVE THE GOOD OUT OF THE MARKET FASTER.
Re: Why Nigeria Must De-dollarize Its Economy Now. by Watcharena: 9:36am On Dec 27, 2022
The policymakers are not ready to save the naira or CBN in particular failed to save the naira, all they need today is to sweep the cash dollar in circulation by doing that they can eliminate the black market rate which will leave them with only the official rate.

To get ride off the cash dollar in circulation the CBN only need to make policy and direct banks not to accept cash dollar deposit also they should not give out cash dollar withdrawal after a given window period .


After doing that the banks should increase the international transaction limit on naira master card.

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