Dr. Aloy Chife, a financial expert from Anambra state has advised the Central Bank of Nigeria on the best way to stop the free fall of naira in the exchange market, ANAMBRA PEOPLE reports.
Chife, who hails from Anam is the founder and CEO of SAANA Capitals, a venture capital entity that infuses incubator practices in creating and advancing a variety of high-impact business initiatives that widen access and digital participation.
According his post on his Twitter handle, the investment guru tweeted;
“Dear @Cenbank, In the name of God pls abolish the official rate and let the Naira float to unify the rates.
The Naira is now closing in on N1,000 = $1. The worst has already happened.
Pls pls pls, I beg of you
The dual exchange rate system is doing untold damage to our country”.
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