Fiat is the most revered commodity in Nigeria, not even cars, gold and real estates.
Facts! The monetary system in Nigeria is so flawed to the extent that everything depends on Fiat system. The electronic and other means is not reliable.
Nigerian politicians are benefitting from the disunity of her citizens.
Fact! The disunity among the nigerians are deepened by politician and use of tribe, religion and other tenets.
Exactly, fiat currency is now the real gem, I guess the Scarcity equits value to what might not be intially as valuable as we deem it.
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In this case, scarcity did not increase its worth but eliminates criminalities and excess money in circulation. Inflations still bites us