Forum : Dollar Rise Affecting the Value of Naira

Let's ask this question.
Should dollar rise affect The value of Nigerian Naira value to the extent that it affects even the cost of goods locally made within the country whose raw materials are locally gotten here at home and has nothing to do with foreign exchange or importation?

Take for instance;

* How could it affect the cost of sachet water we make locally here?
* How could it affect even the cost of an ordinary egg that any chicken lay even at our backyards?
* Worst part is the food sold in our various Restaurants and the cost of pepper, onions, and meet in the market.

I may not know everything, well who knows but if are reading this blog, I will like you to comment to enlighten us, particularly myself because obviously I don't know what is going on.

Comments

Popular posts from this blog

Police DPO caught in the act of Extortion.

Face of Nigeria 2016

FACE OF NIGERIA 2016 PAGEANT COMMENCES REGISTRATIONS

THE GHOST RULED NATION!

Waje's powerful performance at the Africa Day Concert in South Africa

Morey Faith a Nigerian intl, Model shares new modelling pics

BBN: SPEAKER AKWAIBOM HOUSE OF ASSEMBLY ONOFIOK LUKE BACKS THE DISQUALIFIED KEMEN

Popular Naija Comedian AY Breaks up With His Wife Mabel

PRESIDENT BUHARI IS BACK AT LAST