I think the busy port will dry up soon as well.

They have to survive because when the naira stabilized at about N118 to a dollar from N147 there was no significant drop in car prices so now that the dollar has risen a little I dont expect much change in the prices of cars. Meanwhile Federal Governnemt has promised to stablize the naira against the dollar soon but I am sure it can't go less than N140.

Also the government through the CBN has made us to understand that the decrease in the value of the naira should not translate to inflation because imported goods are now cheaper than before. This is because of the global economic recession. And I totally agree with that because browsing through the internet I confirmed that the prices of most goods in Europe and America have dropped significantly. Laptops my brother used to buy and ship to me from US at an average of 600 USD has dropped to about 450 USD. So you find out that what you seem to have lost in naira devaluation, you gain from cheaper prices.

It's only illiterate Nigerians and shylock business people that will hike prices because of this.