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The IMF and World Bank have promoted policies over the years that have led to the radical declined of the Nigerian currency against western currencies while the Naira still maintains sustainable values with some of Nigerian top trading partners like China and India. The economic implication of this is that Nigeria can achieve currency stability and economic sustainability by trading exclusively in Asian currencies. The medium-term solution to address the Nigerian currency crisis is initiating currency swaps with its top trading partners while the long-term solution is the local production of goods and services.

South africaUnited statesUnited kingdomSouth africanFemi fallanaAsianinfrastructural investmentbankFestus tokunboUnited nationsNottingham trent universityInternational development climate change analystJaume universityWorld bankDutch professorEast asiansEast asians economic crisisWorld war