Reasserting the Naira: Reform or Risk?

Reasserting the Naira: Reform or Risk? By Ogbonna Nwuke President Bola Ahmed Tinubu’s push to reinforce the use of the naira in domestic transactions is being framed as a bold step toward restoring monetary sovereignty. At its core, the policy seeks to curb the growing practice of pricing goods, services, and contracts in foreign currencies — particularly the United States dollar — and to re-establish the naira as the unquestioned legal tender within Nigeria’s borders. Yet beneath the surface lies

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