This doesn't empress me now......

#Whatyado

Dudeweedlmao:


I know, i get it, jonathan fvcked up
But heres the thing, now that oil price is at an alltime low and knowing that nigerian economy is mostly import dependent
Why should he make it impossible for importers to source the dollar? I understand the benefits of being an export dep. country
But i believe it should be a gradual process not something you just terminate. We can't keep blaming jonathan forever.

Limited foreign reserves ! , we are on a 11 year low foreign reserves of 27 billion usd, a far cry from the 68+ billion usd we had at its peak, we can run out of foreign reserves in less than 12 months if access to dollar becomes an all comers affair.

U shud understand that d reason naira keeps falling is bcoz d budget is yet to b apprvd hence stoping marketers to invest.

But then how come even under the most corrupt government (GEJ) the naira was never this useless?
[/quote]

Do u know the sole reason why naira keeps falling?

OZAOEKPE:
AND NAIRA KEEPS FALLING UNTIL IT SEES CRUDE OIL?

Please my fellow Naira landers what is Holy Ghost or what is Holy about a Ghost? I asked because I don't know [color=#990000][/color]

Dudeweedlmao:


Why cant you guys fight corruption while simultaneously trying to balance the economy?
What would you do if after fighting "corruption" and then you look up and realize that there is no Nigeria to govern.

funny but true. You have a point bro

He tried. Things should just get better,it's not a time to start apportioning blames. God help us.

People tend to forget so soon.

Jonathan was kinda maltreated under Yar'Adua, they looked on him like he'll never amount to something, but later on they all licked his shoes.

It's Osinbajo's turn now and they're doing the same thing.

When it's his turn now tomorrow, they'll start mending fences here and there.

Someone even called him an "ordinary commisioner"; no wahala time will tell.

privatization in the oil sector, roads , rails, gas, etc... Will help this country move forward.. Learn from countries like japan, south Korea etc..

Dudeweedlmao:


Why cant you guys fight corruption while simultaneously trying to balance the economy?
What would you do if after fighting "corruption" and then you look up and realize that there is no Nigeria to govern.

You talk as if u can just press a button and reset the nigerian economy. Its not magic, we have been depending on a single commodity for FE. So now that the commodity is worthless, what do u expect. Nigeria will bounce back but its gonna take time.

We need funds to jumpstart other industries, funds that are tied down in private accounts by virtue of corruption and looting.

Dudeweedlmao:


Why cant you guys fight corruption while simultaneously trying to balance the economy?
What would you do if after fighting "corruption" and then you look up and realize that there is no Nigeria to govern.

If you have a keg that is leaking heavily, which would you do first

1. Buy petrol in it then struggle to patch the bucket afterwards

2. Simultaneously buy petrol in it and patch the bucket.

3. Patch the bucket then buy petrol in it afterwards.


Anyone who needs Dragnet, SHL, Workforce PQ & answers should check this thread

https://www.nairaland.com/2685888/myjob-mobile-app-android

When Jonathan started his rule after Yardua died, how much was a barrel of oil?

And in case you don't already know, the value of a country's currency is directly proportion to the value of its exports (89% of Nigeria's export is crude oil and petroleum products).

Lower oil prices means the money we earn from exporting oil has reduced.

Don't just support GEJ blindly... just like the APC guys should not just support Buhari blindly... try to see things as they really are!

Dudeweedlmao:


But then how come even under the most corrupt government (GEJ) the naira was never this useless?

Dudeweedlmao:


But then how come even under the most corrupt government (GEJ) the naira was never this useless?

Ur question shows u re ignorant of Economy and finance! Study more pls!

So what the hell is special in a vice president acting as a president in the absence of the president?
Isn't that why he contested and was elected vice president to the president?
Why does every normal thing abroad or in the outside world has to be celebrated in Nigeria as a milestone when it occurs in Nigeria?

Nairadays:
People tend to forget so soon.

Jonathan was kinda maltreated under Yar'Adua, they looked on him like he'll never amount to something, but later on they all licked his shoes.

It's Osinbajo's turn now and they're doing the same thing.

When it's his turn now tomorrow, they'll start mending fences here and there.

Someone even called him an "ordinary commisioner"; no wahala time will tell.

who is maltreating Osibanjo? Who maltreated Sambo? Who maltreated GEJ?

Dudeweedlmao:


I know, i get it, jonathan fvcked up
But heres the thing, now that oil price is at an alltime low and knowing that nigerian economy is mostly import dependent
Why should he make it impossible for importers to source the dollar? I understand the benefits of being an export dep. country
But i believe it should be a gradual process not something you just terminate. We can't keep blaming jonathan forever.

The answer to ur quesstion is simple! He is simply trying to enforce diversification! We re being compelled to patronise ur brothers in Aba even though we knw their goods are fake!

palladin:



If you have a keg that is leaking heavily, which would you do first

1. Buy petrol in it then struggle to patch the bucket afterwards

2. Simultaneously buy petrol in it and patch the bucket.

3. Patch the bucket then buy petrol in it afterwards.


Anyone who needs Dragnet, SHL, Workforce PQ & answers should check this thread

https://www.nairaland.com/2685888/myjob-mobile-app-android

very nice analogy. well said

OGA ACTING PRESIDENT ARE YOU ALSO AWARE OF THE RECENT DSS RECRUITMENT SCAM?

Dudeweedlmao:


I know, i get it, jonathan fvcked up
But heres the thing, now that oil price is at an alltime low and knowing that nigerian economy is mostly import dependent
Why should he make it impossible for importers to source the dollar? I understand the benefits of being an export dep. country
But i believe it should be a gradual process not something you just terminate. We can't keep blaming jonathan forever.

Please tell me what will you have done of you are the president. The country largely depend on oil. And that's not working anymore. So what do you think Buhari should have done that he is not doing. Please i need an answer. Because people keeps thinking its easy.

babyfaceafrica:
And the point of this write up is ?......una no get work at all....God bless Nigeria!!

Its for propaganda na! What else?
As an acting president is he not supposed to work?
Is that not one of d reason a president has a vice?

You can't cure stroke. Stroke is a complication of certain diseases like hypertension.

It is either you completely or partially recover from it.

It can however be prevented.

koboko69:


The reason for unbalanced economy is corruption. You can't balance the economy without fighting corruption.

Besides the country is being governed

and you think fighting corruption is a one day thing? if we are to wait till d said war against corruption is achieved before doing oda thing, a dollar must have been equal to a thousand naira! diaz corruption everywhere even in d civilised/developed nations... If You... I... and even does at d top are corrupt, achieving a completely corruption free nigeria means whippingout dis generation! corruption can only be termed and not wiped, so let d presidency look at our dwindling economy.

lomprico:

Its for propaganda na! What else?
As an acting president is he not supposed to work?
Is that not one of d reason a president has a vice?

in 4 days?..abeg this post is unnecessary

the shelf in his office is so empty i can see it is true, please grant him those billions to fill it up, after all na prof he be

Man at work.

Dudeweedlmao:


But then how come even under the most corrupt government (GEJ) the naira was never this useless?

You must be a novice,the price of crude oil in world market never gone to this amount during GEJ regime and as we all known that we are running mono-economy,reduction in the price of crude oil in world market will definately have adverse effect on our economy because that is where we get our main income and foreign currency and the foreign currency we are raking has drastically reduced for now,when ever the demand for dollars in the country outweigh supply,the forces of demand and supply will get to work,thereby improve the value of dollar against naira.

babyfaceafrica:
in 4 days?..abeg this post is unnecessary

Very! But like I said its just cheap propaganda by d ruling party.

Nigerians and our ruler mentality. We should perceive the president as leaders and not rulers. We are in a democracy now.

He's only a 'mere commissioner'

......One idiot that is about going to jail once called him a mere commissioner

IYANGBALI:
......One idiot that is about going to jail once called him a mere commissioner

Yeah you are right