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Business › Re: CBN Adopts Flexible Exchange Rate Policy by Mixty: 6:35pm On May 24, 2016*

The number of policy somersault by the government is alarming:
Yesterday: We won't increase fuel price
Today: they increase fuel price
Yesterday: We won't privatize refineries.
Today: We will privatize refineries by December
etc etc

And now.....

Yesterday: We will make 1 naira equal to 1 dollar
Today: We won't devalue the Naira at 199Naira to 1 dollar
Tomorrow: We will devalue Naira (flexible forex)

This government is the most clueless and confused government ever in the history of Nigeria

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