Experts have called on President MUHAMMADU BUHARI not to heed to calls for the devaluation of the Naira.

Experts have called on President MUHAMMADU BUHARI not to heed to calls for the devaluation of the Naira.
Some analysts who spoke with correspondent CHINEDU IWUNNA argued that currency devaluation was not the answer to the crash of the Naira against the dollar, since the country does not have much products in the export market.A public Affairs analyst, ISAAC WONWU called on the federal government to rather diversify the economy to develop other sectors, such as agriculture and solid minerals.WONWU also joined in the advocacy for an emergency economic summit to be convened by the federal government, stressing that it would help to develop an economic blue print for the country.On his part, a lecturer in the Department of Economics in the University of Port Harcourt, Doctor PETER MEDEE said there was need to create an enabling environment to revive the manufacturing sector.MEDEE said that would ensure that the country produce enough goods to compete favourably in the international export market.Doctor PETER MEDEE also called on President BUHARI to replace the leadership of the Central Bank of Nigeria as part of efforts to stabilize the foreign exchange market.