KIVOrg

Bringing ideas from the ivory towers down to the marketplace has always been an idea I support intensely. It does not matter the quality of your grammar or the polished phonetics to render your speeches with, I am always attentive to the facticity of its pragmatism. Let it be realistic and solution based. It is for the foregoing that I severally referred a question to economists here and other authorities in international trade, commerce and foreign exchange market. Like I have said many times, their theories which submit the determination of exchange rate of currencies to the strides of balance of trade are seriously wanting in logical validity owing to our commonsense experiences. And I have severally asked them this question; what if Nigerian government today makes a proclamation that henceforth, Naira shall be exchanged for #1 @ $I, what will happen? Many a time, they have remained silent and never answering anything and those who manage to make some response go directly to beg the

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