Liability:
Afonjas happy recession.

LOL

So it's not affecting you?

sleekkid2015:
God Please save us... We arent Spending Dollar in naija yet it still affecting us.. Wat a Mess

it is really worrisome ,but I know Nigerians and Nigeria will overcome this period .

BlackPeni5:
Wahala dey. Meanwhile, I think the banks are responsible for this outrageous rise in the exchange rate over the last 16 months. Since TSA funds have been taken away from them, the only way to make money is to sell the foreign exchange in their possession at exorbitant rates.

God bless that thing between your ears

Heyyyyyyyyy,and I norwa commot naija,i for dey send 1million monthly to mumsi once thix thing just reach #500/$

blueseacats:
exactly, why should government be selling forex in the first place, let them sell their $ at the black market and use the money to build infrastructure to spur local industries.

No pun intended, but I think the recession will help reset the brain of Nigerians gradually. They think it is govt's responsibility to provide dollars at a cheap rate.

how can I receive my money in us dollars please guys advice me . banks refuse to give me my money in Us Dollars. what can I do

What is our government really up to ? - if we have any.
And yet some people are rejoicing that another APC administration is to be installed in Edo state. Nigeria is in real trouble.

Bolustic:
Unfortunately, the naira will continue to slide against the dollar for the next two-three years coz our supply is far less than our demand. There is no policy that the CBN will bring up that will suffice.

That is why we need to go through excruciating pains now to plant our rice, resuscitate our textile industry, build our own refineries and make our higher institutions world class, fix our erratic electricity, reduce pilgrimage and depend less on imports.

The truth is WHAT WE DON'T HAVE IS WHAT WE DON'T NEED, it's time to look inwards.

U mean when the naira was stable, we had all those things you mentioned in place?

Untorr.....

Interesting, when an illiterate is running the show the people suffer. Nigerian please wake up!

SUPERPACK:
who cares, sai buhari forever

I can't understand why people are buying dollar from black market,You could get any amount you want through bank cards at lower rates

basisop:
No policy in view to check the freefall. The President and his economic team are confused. We are in deep sh!t. We are heading to N1,000/$1 before December .

At N1000/$, earning $100 will fetch you N100,000. No employer will increase salary in from N16,500($100 two yrs ago) to N100,000($100 now) in times like this.

Buharioo

handysuzy:
...God where are we going?

going the Zimbabwe ways.

Atleast my Rands will gain more value.

Bolustic:
Unfortunately, the naira will continue to slide against the dollar for the next two-three years coz our supply is far less than our demand. There is no policy that the CBN will bring up that will suffice.

That is why we need to go through excruciating pains now to plant our rice, resuscitate our textile industry, build our own refineries and make our higher institutions world class, fix our erratic electricity, reduce pilgrimage and depend less on imports.

The truth is WHAT WE DON'T HAVE IS WHAT WE DON'T NEED, it's time to look inwards.

This is the solution in a way a lay man will understand but the government will never do this things , they will want the people feel governance is not an easy thing in other to continue to be in position to oppress the people under the pretext of finding solutions to the intractable problems

Hmmmm, shoutout to my tenfingers guys. Meanwhile WU & MG is now 333 exchange.

What a country. No economic plan to stem this calamity. Feel sorry for hard working Nigerians who have to bear the brunt of this mess. Naira is nothing but a glorified tissue paper. It seems the leadership from the President and his economic team are just zombies. May God help Nigeria and Nigerians out of this titanic waiting to drown.

Mtchewww....pls, wen it gets to #2000/dollar. Wake me.

Show me next time it's N1=$1. Our President promised us he would do that

Some mugus of Sai Buhari agreed.

By the way, where is my friend NgeneUkwenu?

Saaaaai Baba!

Carry Gooooooooo

Hitting 500 is not the issue
That one will happen next week for sure




Hitting 1000 dollar before december is my fear
Worst and most painful thing is

People are still voting apc... Hw on earth can apc stil be winning
How do we wanna check this govt to sit up... If we cud nt have dealt a blow on dem in edo


Assuming pdp beat edo landslide victory
Trust me apc will be scared stiff n do somein aboit this economy

This international deal must work by fire by thunder......490

We just might celebrate our independence with $1=500




What a shame on the govt and its useless economic polices

Standing5:
No pun intended, but I think the recession will help reset the brain of Nigerians gradually. They think it is govt's responsible to provide dollars at a cheap rate.

typical afonja reasoning... Blame shifting while trying to create a valid justification

Stay for hundred years tenure..we dont care anymore!

Hiploko:
typical afonja reasoning... Blame shifting while trying to create a valid justification

You need epp.

Can someone educate me on the necessity of black market rate? Why can't we just eliminate this completely? What's wrong with having just government rate?

And some r.etarded fin. Minister said we are already getting out of recession!...bunch of dumbskulls!

Yes? No?

Bolustic:
Unfortunately, the naira will continue to slide against the dollar for the next two-three years coz our supply is far less than our demand. There is no policy that the CBN will bring up that will suffice.

That is why we need to go through excruciating pains now to plant our rice, resuscitate our textile industry, build our own refineries and make our higher institutions world class, fix our erratic electricity, reduce pilgrimage and depend less on imports.

The truth is WHAT WE DON'T HAVE IS WHAT WE DON'T NEED, it's time to look inwards.

Your policies are bankrupt ones unfortunately.

Me wey dey wait mek Dollar come down small mek ps4 cheap for market nai Dollar dey increase

Dottore:
Let this man resign nah

we don buy market