Post
Topic
Board Nigeria (Naija)
Merits 6 from 2 users
Topic OP
Nigeria government don return Bureau De Change!
by
Lida93
on 19/08/2023, 17:46:00 UTC
⭐ Merited by hugeblack (3) ,Spaceman1000$ (3)
I no know if I go say this our government them just the do economic experiments them with our country currency the naira.

Same government wey ban the operation of Bureau De Change (BDC) don come back now com unveil another operational policies for BDC. According to them oh, say the move go bring ogbonge stability and transparency to the exchange rate fluctuations wey go benefit both BDC people and the general public.

Make I just list one or two of these policies wey dem bring in:
1. Them say BDC people go the make sure say them summit periodic financial reports wey include daily, weekly and monthly report to the government (CBN).

2. Say even wen no transaction take place by  this BDS people within the day, week or month make dem still summit report, etc.
Make I drop source link for more complete info https://nairametrics.com/2023/08/18/cbn-brings-back-bdc/

So as it stand like dis now BDC don enter back inside the country foreign exchange market wey mean say all other policies wey the former CBN governor been put don dey invalid right now.

So my people, abeg how una see this new development from we government, you tink say this policies fit bring or make any positive impact on the naira? Or nah just like another past  policies  wey nothing come out or abi na ey service this government just wan do?

Abeg Chuk mouth!