It is true that the Nigerian economy is having series of problems at the moment but we (Viewers Corner News and the advisory team) do not think that devaluing the Nigeria’s currency more than it is at the moment would be a wise decision as suggested by Mr. Fillipo Amato of the European Union. This is because the currency is already down so badly and further devaluation would not be to the best interest of the country (Nigeria) in our opinion, the economic team assembled by president Buhari and his government assuming should conduct a real study of the system as quickly as they could to see if the devaluation of the currency would bring benefits to the country (Nigeria) or not. However we are suggesting to president Buhari’s government to kindly tread carefully because any mistake made at this critical period could further deepened the economic situation of the country (Nigeria).
Source: Viewers Corner News.