As e be now, we sit down dey look CBN's next Monetary Policy Committee meeting to see if anything go change. But, walaihi, CBN no give a damn about Nigerians, the inflation rate or anythin at all, them just be tools wey politicians dey use do witchunt their fellow politicians. As dem talk, if too elephants fight na the grass dey suffer am. Una think say CBN fit do anything to reduce the inflation rate especially for food?
But you check am na, wetin the CBN wan do when some members of the government dey sabotage their plans. No be same APC governors carry CBN go court to bring back old naira and this wan mean say the supply of naira in circulation go come increase and two currency go come dey circulate at the same time. This can only devalue the naira more instead of adding value to it which goes against all the plans the CNB had to make the Naira strong again. This governors think say dem dey do good things but your post na a result of the decision they took. Th CBN are hopeless, na to just dolf hand the watch as the country dey go because nothing dem fit do at this point.
I get questions oh, food inflation no fit happen because of lack of money na instead e dey happen because plenty money dey in circulation. Make person correct me if I dey get am wrong. Like people dey usually add price because they know say people fit afford am and commot price when money no dey. I think wetin dey contribute to the peak in food price na high transportation fee due to lack of petroleum and not the new money policy. Make we no forget fuel scarcity hit us the same time wey all this other things dey happen.
