Okoroawusa:
Ghana is just wasting it time. The situation has eaten too deep into the economy. Even olosho for Ghana dey charge in dollars and it's not good.

why, because they're now expensive?

omoadeleye:
They're trying to copy Russia

They are not, they still do foreign transactions in dollar, it’s just as in Nigeria visually no business will accept dollars or any other currency from you apart from Naira even if you are a tourist

Itzteewhy:
I hope our incompetent CBN Governor could emulate this.

Emulate was as been in effect since when soludo was CBN governor?

The fiat currency will surely fail.



No matter the arms and death the government use to back it up, it is bond to fail.

Lol, do you even understand what you are comparing?

Rollsnjaguar:
Very good

Just like Russia

leksdigital:
Their currency was the worst performing currency in Africa

Thought it was better than ours

Supported

I was telling my friend that 9ja Currency is stoger than that of Ghana.. he said it is a lie... devaluing your Currency dnt make it strong... with out having good economical backing... at list we dnt devalue our currency like the Ghanaian... mention me if am wrong.. we dey learn everyday

Nice move from Ghana.

Little by little, Ghana is taking steps to move forward.

But one ex-giant of Africa is taking a thousand steps backward and all its citizens do is to throw jabs at Ghana.

The only thing that makes Nigeria a force to reckon with is it's population, take that population away then you will know what's up.

emmy9500:


Nigeria has ban spending in foreign currency for a long time

Our currency is falling because we are majorly consumers and we don’t trust the Naira

Igbos should better stop importation, they're one of the major reasons why our naira has crashed

sureboykris:
Naija. Let's do better. Returnees Ukraine were given $100 notes each.. Why not naira

they gave them in naira I think.
They just put the news in dollars so that everyone will understand

leksdigital:
Their currency was the worst performing currency in Africa

but today it's 10 times better than naira

Senomii:

Igbos should better stop importation, they're one of the major reasons why our naira has crashed

A joke is suppose to be funny, this isn’t

Even you didn't believe what you just wrote

freemi:
but today it's 10 times better than naira

When our own central bank governor is contesting, others in same position in sane country is doing a great job

legendgalas:
Ghana that the coconut head children said is better than Nigeria

Anybody that says Ghana is better than Nigeria is either foolish or has not been to Ghana.

I can’t speak to this policy because I haven’t stayed in Ghana to know how bad the use of USD as fiat has eaten into their economy however I know for certain that for the country’s apex bank to do this, there is a serious problem of lack of trust in the country’s currency.

tempusfugit:
Even you didn't believe what you just wrote

Ghana cedis is far better than naira. Google is ur friend.

sureboykris:
Naija. Let's do better. Returnees Ukraine were given $100 notes each.. Why not naira

So that it will be easy for the government officers to pocket the remaining money

emmy9500:


A joke is suppose to be funny, this isn’t

Who told you it's a joke, you guys better stop importation, pull your funds together and set up manufacturing plants, stop bitching and whining, trying to destroy nigeria with that your useless messiah and his delusional biafra utopia

Senomii:

Who told you it's a joke, you guys better stop importation, pull your funds together and set up manufacturing plants, stop bitching and whining, trying to destroy nigeria with that your useless messiah and his delusional biafra utopia

Ok

sholatech:
They are taking cues from Nigeria. But virtually all hotels in Accra Ghana charge In dollars. Are they licensed by the BoG to do this?

Even to buy properties in the high classed areas....you pay in USD ....they don't want to see cedis at all...

And in nigeria here....our rich people, celebrities and politicians spray money in dollars in parties,
burials, wedding ceremonies and nobody complains about it

tempusfugit:
Even you didn't believe what you just wrote

come out from d caves

Senomii:

Who told you it's a joke, you guys better stop importation, pull your funds together and set up manufacturing plants, stop bitching and whining, trying to destroy nigeria with that your useless messiah and his delusional biafra utopia

Well said

Vixlot:
Everything in Ghana is priced in Dollars

Why is it so, I noticed things are relatively costlier there than Nigeria

Ghana still better than the shithole...

sholatech:
They are taking cues from Nigeria. But virtually all hotels in Accra Ghana charge In dollars. Are they licensed by the BoG to do this?

Not just them. The landlords do this as well. Once they know you are a Nigerian, they start to charge in US Dollars.

That's good for them