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The Economist has warned that Nigeria’s president, Muhammadu Buhari is making an economic blunder by refusing to devalue Nigeria’s currency, the naira.
The news magazine said “Instead of letting the naira depreciate to reflect the country’s loss of purchasing power, Mr Buhari’s government is trying to keep it aloft.”
Source: The Economist Full Report
The news magazine said “Instead of letting the naira depreciate to reflect the country’s loss of purchasing power, Mr Buhari’s government is trying to keep it aloft.”
Source: The Economist Full Report