In recent time, there has been continuous call for devaluation of the naira, with the proponents of such move not having sufficient and convincing concrete reasons for such a move.

As at today, you can apply for dollars from CBN through the banks at the rate of between 197 and 199, provided you have genuine transactions or what you are importing are outside the exclusive list of exempted goods.

Over the years, the government has been subsiding the lifestyle of the rich at the expense of the poor. If you want luxury goods or you are too big to go for Made-in-Nigeria, then you must be ready to pay for it fully at your expense.

Yeah, some are saying are importers buying luxury goods. Yes, they are. Most of the goods on the list of CBN exempted list are goods that are being produced in Nigeria, with potential for improvement, even if they seems inferior.

Now is the time for the country to boost Agriculture and our SMEs. This is a golden opportunity to increase the local content of our economy, reduce the impact of foreign investors that are leeching on our economy, especially during the good times and they will fly away during the bad times. Now is the time to make our economy more robust by successfully diversifying the economy.

If government devalues the naira today will that prevent the parallel market from moving? As long as there is still scarcity of USD due to the low oil price, glut in sales of oil, reduced inflow of USD into our economy, money laundering of looted funds etc no one can guarantee that the parallel market will also not move accordingly.

We are shouting unemployment, why we are keeping the Chinese, the Vietnamese, the Europeans etc in employment by demanding for their goods, while we have all been killing out industries by not patronising them. It is good to want the beautiful things of life that is there in the world, but you must be ready to pay for it.

How does naira exchanging for NGN1000 for USD1 affect a farmer that grew his maize or yam or beans in Nigeria or a tomato seller in the market or a fashion designer? What affects everybody most is Petrol and kerosine and fortunately it is available at a reasonable cost, with the hope of further dropping by March.

Have you wondered why Manufacturers Association of Nigeria MAN are not in support of the devaluation? Have you wondered why it is only the importers of goods that are keeping the Chinese in employment that are shouting most?

Proponents of devaluation should convince some of us why Naira must be devalued?

For now, some of us are supporting the direction of the Government. It is hard and painful, but the gains outweighs the pain and we shall endure for us to reap the good of the land. I am ready to endure the pain for a while because I can see the sincerity in the government and it has demonstrated that it is not a looting and avaricious government so far.

Proponents, please discuss and let us have a sane discussion.