Post
Topic
Board Nigeria (Naija)
Re: Recent dollar price. A good one?
by
Chilwell
on 28/02/2024, 15:30:43 UTC
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.

So far as the recent value naira is gaining would impact positively on our economy I think it would be good but the most important thing is for goods and services to also follow suit because it would be bad to earn in dollars and still come back home to buy things at higher prices but I believe that with time everything will normalize so make we dey hopeful say things go better.
As you don talk am I hope so it will be normalise, I don't see any advantage of having huge amount of naira per dollar like (1800/$1), earning in dollars is good but let have the prices of item be affordable, the problem of our country is that they only follow up dollar when it rising but when it coming down they will be bringing excuses that they bought the good when dollar was high and the will be at lost if the sell it when it down, truly if the price of ltem didn't come down we will be facing more difficulties,