“In 1982, I travelled to the United Kingdom for the first time. The Naira was happily accepted from me on the streets of London. At that time, the Naira exchanged for as low as $1 to N0.70. The Naira was almost at par with the Pound”, Mrs. Idowu Ariyo (not real name) once told me. Mrs. Ariyo is one of the biggest importers of Ankara Fabrics in the Balogun Market of Lagos Island. Today, she complains bitterly of how the falling value of the Naira to the Dollar is killing…
Read MoreConsumption To Production: Panacea To Nigeria’s Forex Crisis
