Jobia:
Thats funny because currently 1cedi = N100.

JustJosh20:
South Africa:
Rand 1 = 13 Naira .
Angola: 1 kwanza = 2
Naira .
Botswana: 1 Pula = 18 Naira .
Cape
Verde: 1 Escudo = 2 Naira .
Algeria: 1 Dinar =
2 Naira .
Egypt: 1 Pound = 25 Naira .
Eritrea:
1 Nakata = 13 Naira .
Ethiopia: 1 Birr = 9
Naira .
Ghana: 1 Cedi = 50 Naira .
Gambia
Dalasi = 5 Naira .
Kenya: 1 shilling = 3 Naira .
Liberia: 1 Dinar = 4 Naira
. Lesotho: 1 Loti =
14 Naira . .
Libya: 1 Dinar = 146 Naira .
Morrocco: 1 Dirham = 146 Naira .
Madagascar: 1 Ariary = 4 Naira
Mauritius: 1
Rupee = 6 Naira .
Malawi: 1 kwacha = 11
Naira .
Mozambique: 1 Metical = 4 Naira .
Namibia: 1 Dollar = 12 Naira .
Seychelles: 1
Rupee = 12 Naira .
Sudan: 1 pound = 32 Naira
. Swaziland: 1 Lilangeri = 13 Naira
. Tunisia:
1 Dinar = 100 Naira .
Zambia: 1 kwacha = 18
Naira

oyinkinola:
[s][/s]

1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)

Tpave:
Chai, my naira don finish. But what can be done now to reverse the situation now cos it's getting out of hand?

Bevista:
You do not compare a country's solely currency based on their face/nominal value but based on Purchasing Power Parity (PPP).
---
Japan is the world's 3rd largest economy, yet the nominal value of their currency is lower than the next 10 largest countries. South African Rand has a higher nominal value than the Japanese Yen, does that make the South African economy better than that of Japan?

naijaboy756:
you need to see a psychiatrist ASAP. Your case is becoming serious!

oyinkinola:
[s][/s]

1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)

oyinkinola:
[s]

1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)[/s]

oyinkinola:
[s][/s]

1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)

JustJosh20:
South Africa:
Rand 1 = 13 Naira .
Angola: 1 kwanza = 2
Naira .
Botswana: 1 Pula = 18 Naira .
Cape
Verde: 1 Escudo = 2 Naira .
Algeria: 1 Dinar =
2 Naira .
Egypt: 1 Pound = 25 Naira .
Eritrea:
1 Nakata = 13 Naira .
Ethiopia: 1 Birr = 9
Naira .
Ghana: 1 Cedi = 50 Naira .
Gambia
Dalasi = 5 Naira .
Kenya: 1 shilling = 3 Naira .
Liberia: 1 Dinar = 4 Naira
. Lesotho: 1 Loti =
14 Naira . .
Libya: 1 Dinar = 146 Naira .
Morrocco: 1 Dirham = 146 Naira .
Madagascar: 1 Ariary = 4 Naira
Mauritius: 1
Rupee = 6 Naira .
Malawi: 1 kwacha = 11
Naira .
Mozambique: 1 Metical = 4 Naira .
Namibia: 1 Dollar = 12 Naira .
Seychelles: 1
Rupee = 12 Naira .
Sudan: 1 pound = 32 Naira
. Swaziland: 1 Lilangeri = 13 Naira
. Tunisia:
1 Dinar = 100 Naira .
Zambia: 1 kwacha = 18
Naira

SegunAdewole:



You are speaking plenty useless english. The long and short of the story is that 1$ will be N3000 before the end of year. [s]The whole country is depressed and dulllard still pays his children's school fees in dollars and pound, while you zombies are not sure where your next meal will come from. I've stopped giving alms to abooki beggars and even yoruba muslims. Make dem too feel the pains they put us into.

oyinkinola:
[/s]

good remarks!
according to your observation if $1=₦3000, then $1trillion LFR= ₦3quadrillion!
at today's ₦7trillion budget, how many years budget ₦3quadrillion can finance?

SegunAdewole:


Keep trying to spend money you don't have. That's why many of we yorubas fail financially, we spend money that's absentia. By the time we figure out what's going on, we are in debt and selling our houses to Easterners. You call it 'looted', but you want to start spending it before even recovering it. I pity you.

oyinkinola:
[s][/s]

[b]The efforts of Nigerian government to recover the looted fund without the full supports of Nigerian would not make the task easy for the government, to recover the looted fund, we are hearing that the looters will fight back the nation and they were doing so without hide! it's samefull to this nation that a few elements with their evil acts and their colaborators hold down the 170 million nigerian in sufferance at the watch of themselves without any reactions isn't this a shame to the nation? If $1 trillion is unaccounted for and we are looking elsewhere for an angel to come and fix our economy for us without taken the looters responsible, it's a shame to this nation, if we still depend on the aid of western world , Usa, Asia gulf state for our own survival while harbouring the looters who looted us to bone without challenge, then it's a shame to the nation! if the Europian looted their treasory can they have the money to fix their economy talkless of helping others. if a party which formed for the service of the people openly support and protected the looters it is a shame, enough is enough for the office holders and publics sevants who looting nigeria treasory. NLFRC is now at watch of you looters and a drastic action will be taken against any looters!
here is some of the action taken so far:
Letter to the UN
Letter to the EU
Letter to the world bank and monetary institutions
Letter to the AU
Letter to the ECOWAS
Letter to the nations: Swis, Gb, Usa, Germany, Asian nation, Gulf states etc
we let's these international communities known that we need their full support on how to help nigerian government recover every kobo looted in nigeia and placed in their countries, no more hide out for the looters any longer, they either return the looted fund at their disposure or return it, no other options, they may try to play god or take is as joke all for their peril!

JOIN NLFRC Crusade to save nigeria nation!
NLFRC: Nigeria Looted Fund Reserve Recovered Crusade.
GOD BLESS NIGERIA....AMEN

co-ordinator oyinkinola[/b]

SegunAdewole:


Why don't you start from buhari's looted 77 suitcases as a military coupist and treasonable felon, down to IBB, down to Abacha ( remember abacha was not corrupt says mr dulllard), then to Obj. The money you'll recover will last 10 generations. Only this will make sane people join your campaign, if not a bogus one.

Dexema:
even when some currencies have been decimalised to the. nearest whole number? hahahahahaaha I laff in xhosa

JustJosh20:
South Africa:
Rand 1 = 13 Naira .
Angola: 1 kwanza = 2
Naira .
Botswana: 1 Pula = 18 Naira .
Cape
Verde: 1 Escudo = 2 Naira .
Algeria: 1 Dinar =
2 Naira .
Egypt: 1 Pound = 25 Naira .
Eritrea:
1 Nakata = 13 Naira .
Ethiopia: 1 Birr = 9
Naira .
Ghana: 1 Cedi = 50 Naira .
Gambia
Dalasi = 5 Naira .
Kenya: 1 shilling = 3 Naira .
Liberia: 1 Dinar = 4 Naira
. Lesotho: 1 Loti =
14 Naira . .
Libya: 1 Dinar = 146 Naira .
Morrocco: 1 Dirham = 146 Naira .
Madagascar: 1 Ariary = 4 Naira
Mauritius: 1
Rupee = 6 Naira .
Malawi: 1 kwacha = 11
Naira .
Mozambique: 1 Metical = 4 Naira .
Namibia: 1 Dollar = 12 Naira .
Seychelles: 1
Rupee = 12 Naira .
Sudan: 1 pound = 32 Naira
. Swaziland: 1 Lilangeri = 13 Naira
. Tunisia:
1 Dinar = 100 Naira .
Zambia: 1 kwacha = 18
Naira