There is no reason why the last couple of weeks should not go down as the most unusual in the annals of this country. Everything that could possibly go awry has done so with considerable aplomb. Painfully scissored by sundry scarcities (fuel, cash, permanent voters cards, etc.) the economy may have ground to a screeching […]
There is no reason why the last couple of weeks should not go down as the most unusual in the annals of this country. Everything that could possibly go awry has done so with considerable aplomb. Painfully scissored by sundry scarcities the economy may have ground to a screeching halt. We await confirmation of our worst fears when the data for output growth, unemployment levels, and inflation for this period become available from the official bean counters.
One thing, though, remains immutable. The way we think through things has been unaffected by the ructions that have seized the economy. Easy to read this in terms of the myriad explanations that have emerged for the discord between how much of the new banknotes the Central Bank of Nigeria insists it is making available to commercial banks, and how much the latter are passing on to the streets.
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