PODCAST: How Nigerians’ Love For Foreign Goods Is Killing The Naira | Dailytrust

PODCAST: How Nigerians’ Love For Foreign Goods Is Killing The Naira

Experts blame preference for imported goods for killing the Naira...


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The Naira has continued to lose its value against the dollar – currently, it is N550 to the dollar.

Some experts have blamed Nigerians’ preference for imported goods to made in Nigeria products for some of the woes of the Naira.

On Nigeria daily, we look at how this and the “dolarisation of the economy affect the value of the Naira against the Dollar.