A weaker currency would spur domestic production more than import bans can and, in the long run, hurt consumers less. The country needs foreign capital to finance its deficits but, under today's policies, it will struggle to get any. Foreign investors assume that any Nigerian asset they buy in naira now will cost less later, after the currency has devalued. So they wait.
Kwa upande wao, Wazalishaji hao wakiongozwa na Denis D. Kileo mzalishaji wa bidhaa za ngozi kutoka Woiso Original Products alisema changamoto kubwa ni watanzania kutoweza kutofautisha viatu vya ngozi bandia kutoka nje ya nchi vyenye ufanano na bei kuwa chini hivyo sekta hiyo kudumaa ni wakati sasa wauzaji wa maduka mbalimbali nchini kuwaamini wazalishaji na bidhaa za sekta ya ngozi na kuvipeleka mbele sokoni bidhaa zao ili kupanua masoko.