CLEAN : Nigeria's naira plunges in free float

The video discusses the reduction in activities due to Forex unavailability, the impact of an open market on currency availability, and the positive effects on Nigeria's economy and port industry. It highlights past challenges and expresses optimism for the future with new policies.

What was the primary reason for the reduction in port activities in Nigeria?

• Lack of government support

• Unavailability of Forex

• High import taxes

• Poor infrastructure

How is the open market expected to affect the Naira?

• It will stabilize the Naira's value

• It will devalue the Naira

• It will cause the Naira to fluctuate wildly

• It will have no effect on the Naira

What positive impact is anticipated from the new open market policy?

• Higher import taxes

• Improved port activities

• Increased government revenue

• Reduced foreign investments

What was the state of the Nigerian economy in the first half of the year?

• It was stable

• It was improving

• It was thriving

• It was declining

What is the speaker's outlook on the new policy's impact on the economy?

• Optimistic

• Pessimistic

• Indifferent

• Neutral