Following how the Trading market is becoming very difficult for the Nigerians using naira lots of controversies everywhere from industrial products to farm produce this makes the economy very hard for a common man it now seems like the country is for only the rich cause the common man find it very hard to cope.
But there are still people who are happy because they earn in dollar so for this these set of people have no problems even if the naira currency goes high every second but those earning in naira are in tears so there are alot of controversies.
My question to all what if this naira currency takes it shape today what is ur fate what will you say you have benefited from when it was high, cause I still feel that lots of people don't have any savings at all so what will be the difference between you that is earning in dollar and has no savings and a person earning in naira and still has no
savings.
From a personal perspective , I think the difference that Will exist between the people earning in dollars and naira is that their income is flexible, that is in hard times they have money and good times they have money too, and then just like what I was telling my friends yesterday ," now is the best time to buy naira " because their is a chance of reversal " there for some who start buying into naira now , may even be of a greater advantage, since the price of naira is low they have a higher buying power.
I may start buying into naira soon, but please do your own research first before making any financial decision.