Put differently, the “zero-for-150” policy initiative (zero-tariff on food imports for 150 days) is just another instance of government playing to a packed, albeit famished, gallery (at night) by applying light-reflecting band-aid to a cancer.
Over the last two weeks, the naira’s external price came under strong downward pressure, giving the lie to the assumption that following the ructions in the markets earlier in the year, the currency’s exchange rate had settled in the…
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