Clearly, essential items don't have access to forex. So who is the cbn selling dollars to? Read the excerpt below, culled from-

www.vanguardngr.com/2016/02/nobody-can-reverse-new-electricity-tariff-ex-nerc-boss/

Tougher times

Rather than getting some reprieves, Nigerians
have been, instead, urged to brace up for tougher
times due to the deterioration of power
equipment. Managing Director, Egbin Power Plc, Mr. Kola
Adesina, told Vanguard, weekend, that the
primary cause of generation drop was the failure
of machines and the inability to secure foreign
exchange, forex, to replace them. According to him, “the overall crisis that the
country is faced with is the exchange rate and
that has equally trickled to the power sector. But
that is not the primary cause; the primary cause
is the failure of machine. But to replace those
machines, you need forex and it is not available."

aloeman15:


Is it that banks are truly the ones now operating the black markets?! I thought they were supposed to be publishing their dollar sales lists- who's seen any recently?
Abi lalasticlala, what's happening?

I will be honest with you my brother, they have been publishing their list of recent but u know they stil slip some into the black market... Today the black market fell to 320 because of illicit flow which filled u the market.... the country is very corrupt

I'm confused.
How can you be fighting corruption yet marketers will use you and do yeye?
Now you create artificial scarcity for whatever reasons, but you can't control your own market?!

So we've left oil cabal, it's now dollar cabal?
What now makes you different from jonathan?!

clueless jona couldn't fight oil cabal.
At least no be him start subsidy.

Buhari take ova, dem do am strong tin, take tel am 'kabo'.
Now, him don freeze dollar from evribodi hand, yet dollar cabal dey, don arrange full ground, no shakin....
Efcc sef no fit show for dia side.
Wetin we go com call d man?