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Business & Finance

Nigerians React to CBN Subsidizing Dollar Rates for Muslim Pilgrims

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Nigerians on twitter are reacting angrily to the CBN directives to banks and authorized Forex dealers to sell dollars to intending Muslim pilgrims at N197 to $1. Many Nigerians feel the directive is insensitive mostly at this time when our economy is in recession. They are of the opinion that such subsidies should be given to Education, Health, manufacturing and other key sectors. See reactions after the cut…

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