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“The problem with the naira (and most African currencies) is fundamental. Our currency(ies) rests on faulty economic substructure that no amount of reactionary policy can fix. The Nigerian economy is hollow and only dogged commitment to true economic principles of value creation and local production supported by export and diversification will lead us to the pathway of economic transformation.” — Peter-Cole C. Onele
The problem with the naira (and most African currencies) is fundamental. Our currency(ies) rests on faulty economic substructure that no amount of reactionary policy can fix. The Nigerian economy is hollow and only dogged commitment to true economic principles of value creation and local production supported by export and diversification will lead us to the pathway of economic transformation.