meezynetwork:
This is getting serious.

raker300:
Hahahahahahahahahahahahahahahahahaha

It's not yet serious nah...When it gets to #1000=1$ that's only when take it serious

Nigerians always take things serious when it gets bad. Boko haram, indebtedness etc these are things that would have been avoided. Now we're going after igbos, Niger Deltans, middle-beltans etc

jay2pee:
We have great economists in this country who can bring out policies to revive this country's economic dwindling, but the problem is that those at the top will not grant them the opportunity

Kaxmytex:
our naira jux dey go down as if say Im wan go mine crude oil

kahal29:


They are but we must help ourselves.

1. If demand and supply basically control the exchange rate, why is it that, despite the reduction in foreign expenditure from our Nigerian bank accounts from $3,000 daily to averagely $300/day has had no effect in curbing the 'unabated-downward-spiral' of the Naira?

2. Why is the CBN in bed with commercial banks bleeding the people dry? Why would they get dollars at N199 and charge us at N280-N300 (roughly a profit of N100,000 on every $1,000)?!

3. Why is the FG (PMB) and CBN (Gov.Emefiele) abetting arguably the greatest instigator of excess liquidity (the constant substitution of Naira allocations for dollar denominated revenue).
https://www.nairaland.com/844884/solution-fuel-subsidy-wahala-look

Read more at: http://www.vanguardngr.com/2014/08/much-talk-dollar-certificates/

4. Can the CBN Governor kindly explain to us: how going from paying N2.6 trillion for petroleum products subsidy, to paying nothing, to actually making excess of N16 on every litre of PMS sold/bought has had no positive impact in propping the Naira?

5. If we truly enjoy a bit of better power supply than say 1-2 years back, do we still consume the phantom, "imported 40 million litres of PMS/day"? If not, how has this helped, or not helped the demand and supply brouhaha of the Naira vs Dollar hide and seek?

6. If we truly are tackling corruption head-on, and the customs service is doing a better job (checkmating refined products smuggling across our borders and e.t.c.) than 1-2 years back, do we still consume the phantom, "imported 40 million litres of PMS/day"? If not, how has this helped, or not helped the demand and supply brouhaha of the Naira vs Dollar hide and seek?

7. If truly our refineries are working to the recently publicized capacity, do we still consume the phantom, "imported 40 million litres of PMS/day"? If not, how has this helped, or not helped the demand and supply brouhaha of the Naira vs Dollar hide and seek?

8. If the BDCs are being 'dealt with', what alternative positive measures have you Mr. Governor put in place . . .?

9. If you Mr. Governor are no longer getting orders from the present C-in-C to disburse them dollars to them Dasukis, and with the implementation of proper accounting of remittances from NNPC and others, why is it not helping the Naira?

10. Lastly, why would you preach 'agric', but say 'agric' does not need power supply to practice? Duh

onatisi:

Buhari will print more naira notes .just wait and see

austin2all:
Where are the change charters! Incase you must know, there's yet no clear cut policy or action in place to reverse this soon, so that means we are in for shit ride, for a verrrry long time. No one can import again. Those who used to import 20 containers a week can't even proudly import 2 and soon 0.
Soon crime and lawlessness go increase.
Wetin kwonsen me!

Firefire:


That will be a suicide mission for Nigeria if Buhary toe that clueless path.

Btw: Naira is not our problem but USD.

Maybe he should kuku ma print more dollar as a dullard ?

Firefire:



A lot of Nigerians might die of hunger due to job loss and inability to meet basic human needs, Nigeria might become a failed state, the current suffering in the land would increase in ratio and dimension, we need to pray for Nigeria.

raker300:
what's my business? Am I the one that voted in the nepa bill certificate holder?

Even his followers can't even call him on this yet you want people to pray for nigeria?..heaven helps those that help themselves

As far as anambra, Enugu, Abia, ebonyi are doing well, I am fine...Nothing concerns me with nigerians.

mrjangaweed:
[s]killing Buhari psychologically and emotionally is a task everyone should embark on if you still want a better tomorrow[/s]

quote me anywhere

Firefire:


What of the manufacturing industries who could not source their raw materials locally ?

What happens to the employees of those companies?

Many of such companies are already closing down and leaving Nigeria in droves.

dokiOloye:
I dreamt where d dollar got to 700naira and d old cow man raised up his hands and said he's done,handed over Osunbade and headed to Daura to tend to his cows