The 7 long over due "Macro economic policies" the Nigerian government must initiate to improve the economic status of the Nigerian masses and economy on a national scale and global scale by AdewaIe Oladipupo. K
The 7 long over due "Macro economic policies" the Nigerian government must initiate to increase aggregate demands or aggregate supply and to better improve the life of the people in terms of wellfare and job creation. 1. To remove 3 Zeros from the Nigeria #1,000 Naira not to make the #1000 Naira note become #1 Naira and #10 become 1k as the least currency denomination hence the US dollar falls flat to 80k to a 1 USD as an equivalent of the current market value of #800 Naira. Once this kicks into play, the current #100 Naira should become 10 Kobo, #200 Naira should become 20 Kobo and #800 Naira should become 80 Kobo. Ghana did this in 2006, Nigeria attempted it under Soludo in 2007 but the reasons for Charles Soludo removal in 2007 under the Yaradua Administration after being petitioned by some highly placed politicians profiting from the financial wreckage of the Naira still remains shrouded in mystery today. 2. To keep the dollar stable, the Nigeria government m