RE: Central Bank Of Nigeria Manipulating Naira Value - Yet Currency Falls 10%

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I don’t know if the CBN is just forming to be clueless or they are really clueless. Today I heard meffy declaring war on AbokiFX and froze the owners account as if abokiFX is the problem.

Personally I see a huge correlation between the loans that keep flowing out in millions of dollars and the devaluation on the naira but the CBN is not looking there. Did you see the presidents new request for loan? Loan that is not bringing any economic development to the country, how will the naira not devalue? But abokiFX is the problem.

Election year isn’t even here and all these loans are flying left and right, now let election time come and see politicians trying to pack money in dollars into off shore accounts incase they aren’t re-elected. Election time is when real embezzlement happens.

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I couldn't possibly care about all those bullshits in up the system. I just stay on my lane and make the best out of this silly game of theirs. The tend not to understand how this is only a portal for more devaluation or maybe they do, and not just caring. It's only a matter of time and the exchange rate would be 1000/$

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