The government’s new brute force approach to saving the naira is a tested and trusted failure. The President Bola Tinubu administration is facing a serious problem: nothing is working.The economy has experienced untold turmoil over the past year — inflation is joyriding to the moon, and the value of the naira is diving in the opposite direction, deep underground. When he was sworn into office in May 2023, $1 exchanged for ₦461 and £1 exchanged for ₦574 at the official rate of the Central Bank of Nigeria (CBN). The alarming dip in the naira’s value has become one of the most charged political c…