He also accused aboKiFX owner of manipulating the price of the naira market to his own selfish interest he said
I do not see this as manipulation as other Nigerians are also making use of the parallel exchange rate. What is general should not be seen as manipulation.
How is aboKifx responsible for the fall of naira?
Not responsible in any way, our leaders ways of leading the country is the reason for the bad economy. I do not know if the president has borrowed another $4 billion dollars he wanted to borrow, after series of borrowing, Niger is in debt.
Our import is far more than export, 70% of out export is crude oil. Goods and services that we need to generate internally are not generated but imported.
If commenting about the poor standard of living and the bad economy, I do not see how aboKiFXis linked to it. CBN president that says cryptocurrency transactions are illegitimate, we should expect a lot of this misleading information from him.
I am thinking the CBN president only want naira exchange rate to be from the CBN or others that will have lower prices like MoneyGram or Western Union.