Every currencies are highly facing inflation, 1 million dollars in 1985 is like have 30 million dollars today, even the dollar is facing the same fate but the dollar is a very valuable currency over Naira so yes people will see it as a safe haven to avoid inflation.

Nigeria is in a big mess and I don't the devaluation will ever stop, we aren't far from 1,500 to $1 anymore and with the way things are going it seems unstoppable.

The one's who are to be blame are the leaders and the people, Nigeria is filled with people who are ready to support the evil people if the evil people are the ones supporting them financially, Nigerians will do anything for money, there is no right from wrong anymore so I believe how the country as turned out to be is because of the people who can't say no to dirty money.

The leaders are playing a bigger role in the mess of a country and the people are also a part of it.