The ban resulted in the expansion of the black market or its alternative. Rent seekers steered the official rates into the black market, where a host of willing purchasers had lined up. With arbitrage hovering around 23 per cent, it was Christmas come early for the rent seekers. In contradistinction, we the consumers got fleeced […]
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source https://www.premiumtimesng.com/opinion/639354-is-the-removal-of-the-43-items-the-end-of-an-illusion-by-bamidele-ademola-olateju.html