Who knows what Cardoso said about $26 passing through Binanace result to people selling USDT and buying naira. Also that CBN will be selling dollar to BDC at $1301 and telling the operators not to sell for more than 1% profit. The government have attacked those places that are selling using parallel rate. The reason naira got stronger recently.
It is a very nice one right but at first what should be considered is, this naira currency was lower than this before it came up to this amount now and since then we have been witnessing the up and down are you really happy about this or this is just a scam or do you think it will be better than this.
Government are able to see more money to pay their workers. They have more money for budgets as they sell and earn naira in bigger amount. They make profit from this devaluation.
When the naira was increasing goods and services were increasing, let us see if they will also reduce. If government tried their efforts to make everything balance, it would be good.