Ban on dollar importation

In sanusi's (CBN Governor) voice "I commend the Central Bank of Nigeria on the move to ban the importation of dollars and other foreign currencies. This policy should start with immediate effect. I can’t imagine that a nation like ours till allows some private organisations like hotels allow transactions to be conducted in foreign in the country. If this trend is not contained, it could pose a grave threat to the value of the naira and the nation’s economy as a whole. We need to safeguard the naira and ensure its stability in the face of the aforementioned challenges."

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