Nigeria is an economic anomaly.
Imagine a state like kogi with all the limestone in the country is buying cement for almost 10k.

You will be shocked that in Kano cement is less than 7k.

The government should hastily open the border especially for products whose raw materials are sourced locally, those greedy capitalist have no business alloting dollar prices to local products that they don't import.
It is a sore evil the prices these people are selling things.

I hope plane crash starts taking them one by one

efemena5050:
ok boss..
just tell tunubu to
open up the rifinaries (to reduce transportation cost....and in turn reduce food prices
Open the boders and give some form of import quotas( to bring up excess food supply it will curb excesses of greedy sellers who capitalize unavailability of goods
Set up active security measures to check the actions of rampaging herdsmen
.....jack up the intrest rate .....and credit reserve ratios of bank so as to reduce the money supply (monetary policy)
Creat an enabling environment by providing tax reforms
So as to promote local production and industries

The summations of all these will go a long way in bringing back the value of naira....

Jackup interest rates & reduction of money supply will not help us
Because investors,businessmen cannot take loans
repayment will be difficult with high interest rates.investments Wii be stifled.
Part of what causes this high inflation is government printing money recklessly but d citizen cannot see or get d money even d money you kept in d banks you cannot access,you have to go through POS to get lesser vale for your money.