The VP's media aide further noted thus, "for context, the vice president's point was that the naira exchange rate benefits only those who can obtain the dollar at N410/$1, some of who simply turn round to sell to the parallel market at N570/$1.
Disbursement from the Federation Account Allocation Committee (FAAC) to the federal, state and local governments will rise on the back of the FX unification move, according to experts.
On Wednesday, June 14, the Central Bank of Nigeria (CBN) announced the unification of all segments of the Nigeri
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
