Written by Emmanuel Ogbeche

CHARLES OLILI

What I see in the fall of the naira is that the prices of things have increased in the sense that what was being sold for N100 is now sold for N150. As a result it has affected every business outfit.

Even the people importing are crying because of the inflation. So the buyers are crying; the sellers are also crying. None of them is comfortable.

If the government doesn’t do something to subsidize the dollar rate, people will find it very difficult to live because Nigeria is an importing nation not an exporting one.

Apart from the unrefined crude oil, we don’t export anything majorly. That is why we are at the receiving end today.

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