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Nigeria has adopted a new monetization policy that will help to improve the countries development, economy and future planning. They hope that this monetization will help improve the value of the countries monetary system. The new monetization policy will help give government officials the true cost of spending that goes into employing and maintaining governmental positions. A truer sense of the kind of budget that will need to go into effect will be clearer after they implement this monetization policy into the Nigerian government. Many of the utilities used by the government have been understated because of the lack of true book keeping. This new policy will also thwart government officials from using the countries money for personal gain.

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7y ago

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