@OoTheNigerian Again I ask are allocations give in dollars? Salaries paid in dollars? State employees buying Garri or imported kellogs?
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Replying to @AkinSawyerr
@AkinSawyerr I'm trying to get your point o. Allocations are based on the Naira equivalent of dollars earned.1 reply 0 retweets 0 likes -
Replying to @OoTheNigerian
@OoTheNigerian Ok I get. I was thinking budget rather than oil allocations. My bad. But oddly enough the policy would stem inflation1 reply 0 retweets 0 likes -
Replying to @AkinSawyerr
@AkinSawyerr How does the discrepancy help? Who does it help?1 reply 0 retweets 0 likes -
Replying to @OoTheNigerian
@OoTheNigerian My point is its more of a distraction that a thing of real consequence. We need to move past this debate.1 reply 0 retweets 0 likes -
Replying to @AkinSawyerr
@AkinSawyerr we cannot move past the debate because no investor will bring dollars into Nigeria if he/she will given half Naira equivalent1 reply 0 retweets 0 likes -
Replying to @OoTheNigerian
@OoTheNigerian Agree but most investor dollars fall into the category of "hot money". They leave at first sense of better opportunity.2 replies 0 retweets 0 likes -
Replying to @AkinSawyerr
@OoTheNigerian What we need is local money being put to more productive use. Fx will come once they see real gains in productivity1 reply 0 retweets 0 likes -
Replying to @AkinSawyerr
@AkinSawyerr It seems you do not get the point I am trying to make. How does the DISCREPANCY between the marked and the govt. help ?5 replies 0 retweets 0 likes -
Replying to @OoTheNigerian
@OoTheNigerian I think MB is taking pointers from the Chinese, free market when its convenient with many controls while still growing2 replies 0 retweets 0 likes
@AkinSawyerr But Fuel is majority of our imports. I see no manufacturing equipment on the list. How are you manufacturing without power?
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