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Nairaland Forum / Nairaland / General / Business / The Danger That Come With Naira Devaluation (31392 Views)
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Re: The Danger That Come With Naira Devaluation by Hman12(m): 8:57am On Mar 01, 2015 |
Following are Jonathan’s true achievements so far: President Jonathan met the National Debt at $26bn, today it is $70bn.. Jonathan met Excess Crude account at $20bn today is $2bn. Jonathan met unemployment rate at 11.8%, today it is 24%. Jonathan met debt servicing at 10%, today debt servicing today is 20%. Jonathan met the Naira/Dollar rate at N119. The Naira/Dollar rate today is N225– N230. Jonathan met the poverty level 54%, today poverty level is about 71%. Jonathan met recurrent expenditure at 62%, today recurrent expenditure is 86%. Jonathan met the GDP Growth at 11%, today GDP Growth is about 6%. Jonathan met petrol price N65, today petrol price is N87 following its recent reduction from N97. Today the stock market that was thriving before Jonathan came is down by N3.4trillion in 12 months and the boko boys that started with small group now international acclaimed, killing thousand Nigerian. The prognosis for four more years under the same management looks dire. The choice is yours.. Good morning 1 Like |
Re: The Danger That Come With Naira Devaluation by Nobody: 9:03am On Mar 01, 2015 |
kumbalo2014:i dont seem to see any point arguing with u thanks for the correction anyway will always take notice |
Re: The Danger That Come With Naira Devaluation by Revolva(m): 10:41am On Mar 01, 2015 |
iambest:dis dude i feel liek blasting ur brain |
Re: The Danger That Come With Naira Devaluation by benuejosh: 11:13am On Mar 01, 2015 |
Ymodulus:did you study economics from benue state university? |
Re: The Danger That Come With Naira Devaluation by pareto(m): 12:34pm On Mar 01, 2015 |
I totally disagree that the commercial banks should be held responsible for naira devaluation. The FG, the economic team, and the CBN are responsible for this mess we find ourselves in. |
Re: The Danger That Come With Naira Devaluation by 100Cents: 12:35pm On Mar 01, 2015 |
Stop the substitution of the country's dollar revenues with printed naira. Naira should be able to firm up at least when oil sells above $100 per barrel. Soludo at the tail end of his tenure made a proposal on this..Dollar should be shared to the states. The states should be left to go and source their naira. This will strengthen trade and stimulate the money market. CBN and commercial banks are chopping alone.. 1 Like 1 Share |
Re: The Danger That Come With Naira Devaluation by ndubueze92(m): 3:20pm On Mar 01, 2015 |
AmakaDNB:Dictatorial inclusive... |
Re: The Danger That Come With Naira Devaluation by AmakaDNB(f): 3:25pm On Mar 01, 2015 |
ndubueze92:Why not we wait and see? BTW, I rather a man with direction dictate to me than a clueless one allow me plunge blindly into my death. 1 Like |
Re: The Danger That Come With Naira Devaluation by abdul4new(m): 9:03pm On Mar 01, 2015 |
tempem:I tell you my brother may God help us 1 Like |
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