Mind you, Buhari did flirt with removing the peg in early 2016; the near disastrous consequences…

…et go of their currency pegs. Nigeria and Turkey did not. Seven years later and the results are in. Egypt and Russia are not fully out of the woods, but they are in a much better place than either Nigeria or Turkey, both of whom are facing hyperinflation and currency collapse. No, I will not talk about the subsidy.
Why we are like this
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Cheta Nwanze
Adebayo Adeniran
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Nov 4, 2021
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Mind you, Buhari did flirt with removing the peg in early 2016; the near disastrous consequences made him do a quiet u-turn.
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Written by Adebayo Adeniran8K Followers
·786 Following
A lifelong bibliophile, who seeks to unleash his energy on as many subjects as possible
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