PRODUCTION NOT STRONG NAIRA
PRODUCTION NOT STRONG NAIRA By: Nurudeen Dauda 25th October, 2023 nurudeendauda24@yahoo.com nurudeendauda24@gmail.com nurudeendauda.blogstop.com To start with, some people erroneously think that the "value" of "Naira" or any other country's "currency" is kept strong against other currencies by an executive fiat. It is apt to state that, the "value" of any country's "currency" is a "function" of its "productivity" and or state of its economy and not what the country "wants" it or "desires" it to be. The free for all fall of the value of "Naira" against the "Dollars" is a question of "demand" and "supply for "Dollars". There is a shortage of "Dollars" supply in the economy which needed to be addressed as a "short term" measure, but our "long term" solut...