OPINION: STATE OF THE ECONOMY; STIMULATION IS ANOTHER KEY OF GOVERNMENT NOW....HARUNA Y. SAE'ED

HARUNA YUNUSA SAE'ED

Inflation, Nigerians and The CBN:

A Wrong Prescription

By

HARUNA Y. SA’EED

Hysaeed2002@yahoo.com, 08035776025(SMS  0nly)

           Prices have continued to rise and our ability to pay for basic and essential items has continued to fall, so are our well being and our prosperity. Investment for the future by firms and individual households are on the decline.

          Every person on the street accepts that we are faced with inflation. So, the Central Bank of Nigeria, CBN, cannot be wrong in saying same.It is also not wrong in deciding what to do when the economy is faced with uncertainty as to affect the value of our naira as a store of the overall value of wealth.