You are criticizing Nigeria's FX policy yet you want Nigeria to supply you FX or create an arbitrage for staple food items that can be grown here. You aren't asking for FX for inputs like machinery, tractor, seeds, fertilizer. You want the govt to give cheap FX to buy palm oil
https://twitter.com/D_SignThinker/status/1323636308934336517
while the local farmers are struggling you want to carry your briefcase to CBN in your fancy suit to pick cheap dollars so that you can dump your staple food here, without providing any value while killing local farmers. What have you invested in the process? container economy
What makes you think you deserve the FX? You think you are superior to the farmer in Edo or Kebbi because you have a briefcase and you speak English so you can import freely without backward integration? If you are a critic of the FX policy
You have no business putting more pressure on the Naira. You want the actual value of the naira without intervention, start by buying dollars at the open market rate. The alternative is to engage farmers here. I won't read you BBC article....
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