This is because the imaginary forces of the market can be extremely selfish, greedy, and cruel. Even Adam Smith (1723-1790), the father of free enterprise, argued for the pursuit of free market system under condition of equity and justice towards public good.
If we had thought that, by floating the Naira, it will not sink under huge commercial pressures of the market but it's sinking as it were, it's high time we reduced the free hands of the topsy-turvy market.
#stopfloatingNaira #forex #exchangerate #CBN #Nigeria
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