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the appreciation of the naira against the dollar in the last few weeks is sustainable if the apex bank comes up with, and implement the right policies. The rPolitics Today programme during the week, also spoke on steps to stem Nigeria’s galloping inflation as well as expectations from the 294th Monetary Policy Committee meeting of the apex bank next week.Quite frankly, the Nigerian economy is limping and gasping at the same time but let us break it down.
So, we need to do something about that and that’s why I’m saying that to say that because the naira has appreciated and therefore it’s going to be sustainable, it’s only sustainable to the extent that you you bring all the other factors so you have a cocktail of measures and that you must be serious and credible about it. I must say that there have been at least 17 or so circulars from the Central Bank, all of them moving in the right direction.
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