@Faridatu001 printing more money for every need will reduce the value and increase inflation.
Minting of naira is more expensive than the face value. It will be more expensive to print than to borrow when you include the cost of the inflation it will lead to.
@Faridatu001 The 6 qualities of money( legal tender) are durability, portability, divisibility, uniformity, limited supply, and general acceptability.
Limited supply is often replaced with scarcity. Scarcity of money has an impact on value of money,
@dartboy2002@amairatravels@neo_officialll In 2021, $1 was about ₦420, now it’s over ₦1,300. Meaning ₦ has weakened about 4X. On top of that, inflation means prices have increased, so something you could buy for ₦1 then might cost ₦3 or ₦4 now. So both the exchange rate/local inflation have reduced purchasing power