Governor Ayodele Fayose of Ekiti state on Sunday joined those who have called for the devaluation of the Nigeria’s currency, the naira. “With the gap between the official rate of N199 and open market rate of over N400 to one dollar, naira has already been devalued.
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ABUJA—THE Coordinating Minister for the economy and Finance, Dr. Ngozi Okonjo –Iweala, yesterday disclosed that with the country’s election looming, the 2015 would be a tough and brutal year in maintaining a strong macroeconomic performance the country has recorded in recent times.
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The Finance Minister, Ngozi Okonjo-Iweala, failed to answer many of the questions sent to her by members of the House of Representatives Committee on Finance on the ‘true state’ of Nigeria’s economy, the lawmakers have said. In a review of Mrs. Okonjo-Iweala’s response to the 50 questions issued to her by the committee, the lawmakers said some of the questions …
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