I don't see the big deal about the yuan issue. We convert part of our reserves to yuan and what happens?

CBN provides importers with all the remaining yuan and there is scarcity of yuan as well. How much yuan do we earn a year to support import?

The oil we sell which is our man source of forex, will it be sold in yuan?

The petrol we import, is it imported in yuan? what about airlines, school fees etc?

How long can the yuan in our reserve last before we start looking for dollars due to scarcity of both yuan and dollars?



Well we need money from China so let's go with that option.

Seriously i don't get the news sef.