{"id":649951,"date":"2017-03-13T04:11:47","date_gmt":"2017-03-13T04:11:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/nigerias-central-bank-governor-is-using-egypts-inflation-rate-which-surpassed-30-in-february\/"},"modified":"2017-03-13T04:11:47","modified_gmt":"2017-03-13T04:11:47","slug":"nigerias-central-bank-governor-is-using-egypts-inflation-rate-which-surpassed-30-in-february","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/nigerias-central-bank-governor-is-using-egypts-inflation-rate-which-surpassed-30-in-february\/","title":{"rendered":"Nigeria\u2019s central bank governor is using Egypt\u2019s inflation rate, which surpassed 30% in February"},"content":{"rendered":"

Egypt as economic boogeyman: <\/strong>Nigeria\u2019s central bank governor Godwin Emefiele is using Egypt\u2019s inflation rate, which surpassed 30% year-on-year in February, to justify not adopting a free float of the naira. According to Reuters<\/a>, he said, \u201cI have heard commentators suggest we should follow Egypt's example and free the naira \u2026 What they do not tell you is that following their currency adjustments inflation today in Egypt is over 30 percent. Is that what we want in Nigeria?\u201d Apparently, he\u2019s not interested in basic economic realities, either.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt as economic boogeyman: Nigeria\u2019s central bank governor Godwin Emefiele is using Egypt\u2019s inflation rate, which surpassed 30% year-on-year in February, to justify not adopting a free float of the naira. According to Reuters, he said, \u201cI have heard commentators suggest we should follow Egypt's example and free the naira \u2026 What they do not […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-649951","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"da72a140-2ee8-4d74-99cd-e5c8b635548c","order":"0","is_powered_by":true,"section_story_id":"1a7405a5-470f-48c7-932f-4e16b855a250","story_type":"1","photo_url":"","photo_position":"above","related_issue":[649926],"teaser":"","voice_url":""},"yoast_head":"\nNigeria\u2019s central bank governor is using Egypt\u2019s inflation rate, which surpassed 30% in February - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/nigerias-central-bank-governor-is-using-egypts-inflation-rate-which-surpassed-30-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria\u2019s central bank governor is using Egypt\u2019s inflation rate, which surpassed 30% in February\" \/>\n<meta property=\"og:description\" content=\"Egypt as economic boogeyman: Nigeria\u2019s central bank governor Godwin Emefiele is using Egypt\u2019s inflation rate, which surpassed 30% year-on-year in February, to justify not adopting a free float of the naira. 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