This is the best explanation i have gotten on these whole issue.
MASH
23

There is really nothing that can be done to strengthen the Naira in the short run. Nothing. In the long term, a lot can be done. But we need to decide if we truly want a strong Naira. The most important thing at this point is to have a well defined economic direction and proper coordination of both monetary and fiscal policies. At this time we have no economic direction

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