Nigeria asked to devalue the Naira

[Toyin Falola]

https://www.bloomberg.com/news/articles/2020-12-12/global-lenders-raise-pressure-on-nigeria-to-reform-currency


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[tunde jaiyeoba]

Dear Profs!

IS DEVALUATION OF THE NAIRA NOT 'VOODO'  ECONOMICS OR WE HAVE EXCESSIVE CONSUMPTION OF IMPORTED GOODS THAT WE DONT REALLY NEED??? 

I am asking because what we buy at home in Nigeria for N500, cannot be bought for 1 dollar elsewhere !!! Bet I am just being naive and simplistic !!!

Babatunde JAIYEOBA

E.Babatunde JAIYEOBA PhD

Head, Department of Architecture

Faculty of Environmental Design and Management

Obafemi Awolowo University, Ile-Ife, Nigeria

ebj...@oauife.edu.ng; tundej...@yahoo.co.uk; +234 8037880023

On Monday, 14 December 2020, 01:53:39 GMT+1, Toyin Falola <toyin...@austin.utexas.edu> wrote:

https://www.bloomberg.com/news/articles/2020-12-12/global-lenders-raise-pressure-on-nigeria-to-reform-currency

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