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Anatomy of reform (2): Exchange rate unification and end of arbitrage
By Olusola Aliu, Olajumoke Familoni and Oyewole Sarumi Following the fiscal shock of subsidy removal (Step 1), the Tinubunomics sequence necessitated a second, equally brutal move: Step 2: The Monetary Reset. However, macroeconomic sequencing theory dictates that before administering a second
