Nigeria's economy is still facing a dip.

On a trading and investment level, we already know that cryptocurrency is volatile. The good news though is that this wheel of volatility we see in Crypto can boost the value during a bull run. Those that have experienced this have a lot of stories to tell.

On the side of banknotes (with emphasis on Nigeria's local currency), what we've been getting since I learnt how to spell my name has been a consistent depreciation of the value of the Currency.

I've lived through so many fiscal and monetary policies. A lot of ministers of Finance and Central Bank governors have been allowed to come up with a strategy that can revive the currency, but the currency appears to be facing a huge dip.

What is wrong with this currency?

Does it mean that all the financial and economic experts we have are incapable of doing something to save this currency?

I've been reading a lot of articles this week about the wreck our currency is facing. Different people say different things about what they think is the issue and what could be done to save the currency.

It's not a surprise because the easiest thing to do is talk about loads of errors in our currency and economy but, that doesn't tell the whole story. I believe it's so much deeper than that.

Politics is hugely at the epicentre of everything wrong with Nigeria's Currency. The type of people we have in strategic political positions have proved to be more concerned about their coffers than the improvement of the currency.

Make no mistake about this; we've had moments when our currency moved up in value by 2%, but that usually serves as a signal for a bigger crash in value. At the moment, Nigerians are desperate for policies that will save our currency and increase its purchasing power.

Sadly, the gradual collapse of our Currency is already at the heart of everything that is going wrong for Nigeria's economy. The economy of the country is getting chaotic!

Any idea of how people can cope with this unfavourable economic situation?

Thanks For Not Missing Any Full-stop Or Comma
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