FG worried on use of dollar as second currency in Nigeria's market

Oct 21, 2012 | Posted by: roboblogger | Full story: Vanguard

CBN to stop cash dollar sales to BDCs The federal Government is worried by the use of dollar as means of payment or legal tender in the local market in Nigeria.

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Since: Oct 12

Europe

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#1
Oct 21, 2012
 
It is between FG and steckholders,i.e 9ja's people [ploritariants] spent only $1.something perday,so he has no benefit in this issue,you shoul do what can benefit him,and this was nothing but to standedise the price control of every thing.I think this is the solution.
Miss Nike Newton

UK

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#2
Oct 22, 2012
 
The dollar has been used as a form of currency in Nigeria for over three decades with no concerns. When I visited the USA on holidays, l noticed that most of their products were of high quality. America has invested in many countries and not going to go bankrupt soon. The other safe alternative is to use the Yen as a tender in markets. China has built a reputation for industrialization over the years but we are talking of teething territories. Ms Nike Newton

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