"Developed countries are competing among themselves and when they devalue they compete better and manufacture and export more. But we are not competing and exporting but importing everything including toothpicks.He added that those who have developed taste for foreign luxury goods should continue to pay for them rather pressure government to devalue the Naira
So, why should we devalue our currency?. We want to be more productive and self-sufficient in food and other basic things such as clothing. For our government, we like to encourage local production and efficiency.”he said
NNU
Sunday 21 February 2016
'I won't devalue the Naira' - President Buhari insists
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