*...*

*IN CASE YOU DON'T UNDERSTAND.*

I know Most of You don't know the meaning of Nigeria dollars, yuan swap with China.. And why American government is desperately smoothing the relationship with Nigeria.

Let's me get it clearer to you before the enemies of Progress twist it for you.

Soon you will be buying that techno phone you bought at N80,000 for N12,000.

This is why even the oppositions, haven't say anything about it.

The Central Bank of Nigeria have finally signed the currency swap deal we have been expecting for the past 2 years into existence with the Chinese government.

The importance of this is that since almost 70% of the goods we import come from China and Asia and 12% America why must we use Dollars to transact with China? from now instead of using dollars at N350 to 1dollar to import those goods, we can now buy Yuan at 47 naira to 1 Yuan and import those stuffs directly.

Instead of buying these goods in dollars in China, we will now buy them in Yuan which is 5times cheaper than dollars.

As usual, another giant stride which Print Media, Electronic Media and Nigerian looters will not report or allow you to understand this victory over supremacy of dollars in our daily lives and economic activities.

Up coming reality is that from tomorrow, try to monitor exchange rate. Some of those guys who hoarded foreign currencies to make gains will off load them in order not to have heart attack over their huge loss arising from the currency swap deal with china.
Dollars and pounds will flood everywhere with no buyers, as the buyers will draw naira from their accounts in banks with presence in China.

Many NIGERIA banks will be seeking to have their representative office in China like first bank who saw to the future and already have office in China.
Inflation will go down drastically because of the price of commodities that will drop.

Good one

I reserve my comment till then

I trust Buhari ....very soon the Chinese yuan abi wetin you call am sef!!...will rise to 500 naira to one Chinese yuan....

African101:
I reserve my comment till then

Abi o! Nigeria govt don overdecieve the people

Opposition how? A move begun by GEJ? Relax with your gaslighting