Halting the expansion of the Naira supply faster than the production of goods and services would arrest its depreciation relative to other currencies, and thereby reducing its overexpansion. Overexpansion primarily occurs through the issuance of loans, particularly at rates lower than the inflation rate.

The persistent continuation of this practice will perpetuate the depreciation of the Naira.

It is crucial to note however that the allocation of these loans to various entities holds secondary significance; the primary driver of depreciation lies in the creation of surplus currency.

This applies to other African countries.