In my country Nigeria government policies most times are targeted at impowering few individuals. Our local banks can't help us convert our local currency to dollar or any other foreign currency. The irony is that the same banks issue this dollars individuals who sell at higher rate so that we withdraw our local currency and start looking for vendors who sell at very high rate. It is really disturbing I don't think this situation is obtainable in other developing countries like ours. I had a very horrible experience that's why I have to share this here. The same government barned crypto transaction with local banks while in the US their citizens easily convert crypto to dollar.
Why are we hoping for better economic growth the people in government are busy leaving extravagantly on ours countries common wealth without remorse. How can our economy grow when we are not producing anything that will make our currency be of high demand. It appears as if our government are serious daft to our economic problems and possibly clueless on the solutions to this quagmire that has eaten us deep inception.
We can only pray to God to Savage this situation.
