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Allow Those Making Dollars & Euro To Open Exchange Markets - Business - Nairaland

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Allow Those Making Dollars & Euro To Open Exchange Markets by jara: 5:22pm On Jun 16, 2023
Dangote indicated sometimes ago that he would no longer need Central Bank for dollars since he would be generating enough foreign income.

Well take him up since he, Otedola, Ibeto, Innoson, the international corporations and big boys get their lion share from Central Bank. Give them license to open kiosk as in the Western countries to sell dollars competing for the best rate.

Our International stars generating foreign incomes should also be encouraged to do so. Anyone else selling dollars or any foreign currency must declare where and how they got it.

This will push Central Bank out of chosing winners and become competitive. In other words, show us where and how you are getting your foreign currencies. This is the real meaning of floating, not black or privileged markets.
Re: Allow Those Making Dollars & Euro To Open Exchange Markets by Parachoko: 5:44pm On Jun 16, 2023
jara:
Dangote indicated sometimes ago that he would no longer need Central Bank for dollars since he would be generating enough foreign income.

Well take him up since he, Otedola, Ibeto, Innoson, the international corporations and big boys get their lion share from Central Bank. Give them license to open kiosk as in the Western countries to sell dollars competing for the best rate.

Our International stars generating foreign incomes should also be encouraged to do so. Anyone else selling dollars or any foreign currency must declare where and how they got it.

This will push Central Bank out of chosing winners and become competitive. In other words, show us where and how you are getting your foreign currencies. This is the real meaning of floating, not black or privileged markets.
Is left for him to apply for a license

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