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OoTheNigerian's profile
Oo Nwoye
Oo Nwoye
Oo Nwoye
@OoTheNigerian

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Oo Nwoye

@OoTheNigerian

Lagos
oonwoye.com
Joined January 2008

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    1. Oo Nwoye‏ @OoTheNigerian 21 Feb 2016
      • Report Tweet
      • Report NetzDG Violation

      Oo Nwoye Retweeted Mark Essien

      Yes. Get best rate for the Dollar available. Subsidise "necessary imports" by eliminating/reducing their import dutyhttps://twitter.com/markessien/status/701511298752847872 …

      Oo Nwoye added,

      Mark EssienVerified account @markessien
      Replying to @OoTheNigerian
      @OoTheNigerian Float as in - free the currency to trade fully?
      1 reply 0 retweets 1 like
    2. Mark Essien‏Verified account @markessien 21 Feb 2016
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      Replying to @OoTheNigerian

      @OoTheNigerian No...a free floating naira will be Zimbabwe'sque. Too many traders in Nigeria. Rather, just sell at 400. Adjust constantly.

      2 replies 0 retweets 0 likes
    3. Oo Nwoye‏ @OoTheNigerian 21 Feb 2016
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      Replying to @markessien

      @markessien so when you devalue to 400 and black market takes it to 600 (cos they MUST hedge) what have you really done?

      4 replies 4 retweets 1 like
      Oo Nwoye‏ @OoTheNigerian 21 Feb 2016
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      @markessien It's too late now. People will keep "waiting to see" and that will keep it going until it gets to ridiculous levels like bitcoin

      1:04 PM - 21 Feb 2016
      0 replies 0 retweets 0 likes

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