Nigerian Presidential Hopeful Peter Obi Vows To Reform Currency Market, Subsidies
LAGOS DECEMBER 5TH (NEWSRANGERS)-The anti-establishment candidate for Nigeria’s presidency will reform its system of costly subsidies and unify the local naira currency’s multiple exchange rates if elected in February, his manifesto released on Sunday showed. Nigeria operates multiple exchange rates that allow some companies to get dollars cheaply while the majority of forex buyers pay…