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I'm still waiting for the president that promised Nigerians $1 to equal #1.

Inter banks rate is 306 while I received dollars at 358
Guys tell me the real rate banks are changing dollars to naira please

Freetech:
Illetrate ipob everywhere. Check Turkey exchange rate and yet their economy is better than most African countries

The current exchange is a great propelling factor behind success story we have in agricultural and other non oil export.

It may be painful now but this is the way to go. Oil revenue will soon become zero with cheap electric car coming into market.

If I tell you that most Nigerians knows next to nothing about macro economics will you believe me?.
This has been the major reason for the high rate of poverty and the backward state of this country.
Our people want to spend money as it comes in without investing in the future.
Hence you see people who made millions in their 20s but are living from hand to mouth in their early thirties.
They don't even know the meaning of reserve, everything na to chop.
Is this not the same thing that is killing the country? chop and quench country.
When dey chop the one wey dey for pocket finish, they borrow to chop more.
This is why they just cannot understand why dollar rate needs to be high, so that we can reduce excessive chop chop, before we eat our future and end up a beggar nation.