HOW IBRAHIM BABANGIDA DESTROYED THE NAIRA
There was a time when the Nigerian naira was one of Africa's strongest currencies.
There was a time when one naira could buy more than one American dollar.
There was a time when Nigerians traveled abroad with confidence, paid school fees overseas without fear, and imported goods without worrying about a collapsing exchange rate.
But then something happened.
In the mid-1980s, General Ibrahim Babangidas Government made a decision that would change the country's economy forever.
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