Buhari Orders CBN On Forex And Food Importation. Is He On The Right Path?
According to former minister of Education, Oby Ezekwesili, described the President Buhari as an "out-of-touch" leader with the implementation of restriction on the foreign reserve on importation. The President believes that the farmers and agricultural sector has grown exceedingly to the extent of exporting to the U.S, whereas reverse is the case.
In line with this, the President Buhari states that the foreign reserve should be conserved and utilized strictly for diversification of the economy.
What are your thoughts on this? Would this policy implementation boost the economy or not?