Enough of this geek speak.
Prices react to specific stimuli- mainly scarcity.
No dollars = falling naira value =>fuel price hike.
Libyan herdsmen attacks = no farming => food price hike.
Increased mpr = Increased cost of production => generalised inflation.
Persistent lies by govt (ie scarcity of truth) = increased uncertainty for local/foreign investors => a very long tin for any diversification plans.
Now.
Who wants the simple solutions to our nation's problems?

JAkpayen:
^^^
The MPC decision was not to attract investors but to stabilise price. See why they did so:

No words are too harsh to describe the illogicality of this decision.