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Nairaland Forum / Nairaland / General / Politics / ₦ Plummets To 860/$! (1142 Views)
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Re: ₦ Plummets To 860/$! by Didijiji: 2:52pm On Jul 23, 2023 |
buckeyemedia:the same mumu things ani*mals like you were saying when Buhari was destroying Nigeria Goodluck Jonathan gave Nigerians good life and you things occupied Ojota. Now power was given to you guys and all you could do was to damage Nigeria while making excuses for your ineffective leaders |
Re: ₦ Plummets To 860/$! by HNICEARTH: 2:56pm On Jul 23, 2023 |
Tinubunomics
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Re: ₦ Plummets To 860/$! by RepoMan007: 4:52pm On Jul 23, 2023 |
The wise thing to have done in addition to floating the Naira to FX rates was to impose tax on avoidable imports that was swelling demands for FX. Avoidable import that if not imported cannot lead to the death of any human being. Things like fake hair, nails, nail paint, bleaching cream, wine, tomatoes, vegetable. In addition to those moderately raise tax on things that can be produced locally in the short to medium term so local production can have an advantage while the govt earn more for import of such economy damaging imports as a consolation. |
Re: ₦ Plummets To 860/$! by seborrhic: 5:17pm On Jul 23, 2023 |
RepoMan007:It doesn't follow as simple as that. Imposing tax would not necessarily deter or even reduce the import of the items you mentioned. |
Re: ₦ Plummets To 860/$! by RepoMan007: 5:19pm On Jul 23, 2023 |
seborrhic:if will. A crippling tax on fake hair will force local makers to emerge and stiffle out would be smugglers. |
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