In reality, if ₦1 = $1, Nigerian goods would become more expensive for other countries to buy. That means fewer exports, less foreign income, and job losses in industries that rely on exports.

We don’t need ₦1 to be $1. The current exchange rate is just fine.

Many Nigerians believe that if ₦1 were equal to $1, imported goods would be cheaper, traveling abroad would be easier, and Nigeria would appear “richer” on the global stage. Sounds tempting, right? This magic… pic.twitter.com/WkpOKKmoD2

— Isaac Olatunde (@_iOlatunde) April 9, 2025

We don’t need ₦1 to be $1. The current exchange rate is just fine. Many Nigerians believe that if ₦1 were equal to $1, imported goods would be cheaper, traveling abroad would be easier, and Nigeria would appear “richer” on the global stage. Sounds tempting, right? This magic is what many Nigerians wanted @officialABAT to do.  But here’s the truth: This would make things worst for us. In reality, if ₦1 = $1, Nigerian goods would become more expensive for other countries to buy. That means fewer exports, less foreign income, and job losses in industries that rely on exports. With fewer exports, demand for dollars would increase as Nigerians seek foreign currency to import goods, travel, or even save in a more stable currency. This sudden demand could drain foreign exchange reserves, causing the naira to lose value quickly. As the naira weakens, inflation skyrockets, and suddenly, food prices, fuel, and everything imported become way more expensive. So, while ₦1 = $1 may sound like a good idea, it could lead to hyperinflation and make life harder for Nigerians. Let’s stick to a more sustainable exchange rate and focus on growing our economy the right way.

A helicopter crash into the Hudson River Thursday afternoon left at least four dead, including a child…

INSANE VIDEO: Helicopter breaks apart and FALLS OUT OF THE SKY into the Hudson River in NYC

Six people have been declared deceased.

This is absolutely terrifying to watch https://t.co/Kv8LPPuVar pic.twitter.com/3tSFhQdZ2c

— Nick Sortor (@nicksortor) April 10, 2025

A helicopter crashed into the Hudson River near Pier 40 in New York City on Thursday afternoon, killing at least four people, including a child under 10, fire officials and sources confirmed.

The chopper reportedly “split in half” before hitting the water around 3:15 p.m., according to the FDNY. “We heard a loud thumping noise,” a witness posted on social media, describing a broken propeller. Authorities have not confirmed the total number of people on board.

Emergency responders are actively conducting rescue operations at the scene, with investigations into the cause of the crash ongoing.

READ MORE AT NEWYORK POST