Naira remains at 470
Na wa ooooo, this is not funny oh. So one can no longer buy the nice things or go to the best schools money could afford before all these increase? Let us pray for Nigeria in distress.
Dollar shortages have caused many companies to halt operations and lay off workers, compounding an economic crisis exacerbated by the fall in global prices of oil, which accounts for 70 per cent of Nigeria’s budget revenue.
The CBN has struggled to support the naira as the nation’s external reserves continue to fall.
Comments