The economics equation is simply. If oil price goes up the Naira value climbs up ,provided the foreign reserve goes up for real and not padded Rishi!!;

See below when hailer becomes wailer!

-Plenty money in TSA.
-Billions has been returned by GEJ's men.
-NLNG remitted funds held since GEJ era.
-Oil is selling above budget benchmark.
-Banks nationwide is remitting so much in stamp duty.
-Govt is generating so much through importation of cars through port only.
-war on boko haram has been won so expense on that has drastically reduced.
-govt officials except presido have been barred from foreign medical expenses (less expense)
-more than $25b in FX reserve

Considering all this I think this government shouldn't be lacking funds.

Stop being a blind goat.

ISpiksDaTroof:


To export you have to build infrastructures and industries. To build infrastructures and industries you need money. If the money has been stolen how do you proceed?

Stop being a dumb goat.

owobokiri:
Spin master on rampage... Dude, when you are in a hole, you stop digging. The present economic mess is as a result of buharis economic policies. Period! This country earned less under Abubakar, Abacha and even during Obasanjos first term. buharis prehistoric economic policies got us here. Nothing else. I believe this has been over-flogged. Thread should be allowed to die the miserable death it richly deserves..

Please explain how Buhari's policy crashed the international crude oil price, resulting in our reduced dollar earnings and therefore depreciation the Naira international currencies (by the forces of supply and demand) - when a lot you still insist on importing frivolous items such as toothpick/paste and lately even egusi and ogbono soup from India thereby further depleting our dollar reserve wastefully and unnecessarily?
Why do many of you seem to choose to be deliberately ignorant and illogically spiteful and hateful?

IVORY2009:
[s][/s]

Truth is bitter, isn't it?

Senseless wailer.

[s]

Rilwayne001:

Truth is bitter, isn't it?
Senseless wailer.

[/s]

mank1234:
See below when hailer becomes wailer!

-Plenty money in TSA.
-Billions has been returned by GEJ's men.
-NLNG remitted funds held since GEJ era.
-Oil is selling above budget benchmark.
-Banks nationwide is remitting so much in stamp duty.
-Govt is generating so much through importation of cars through port only.
-war on boko haram has been won so expense on that has drastically reduced.
-govt officials except presido have been barred from foreign medical expenses (less expense)
-more than $25b in FX reserve

Considering all this I think this government shouldn't be lacking funds.

Stop being a blind goat.

Continue enjoying drinking putrid water from dirty wells, after all thats all you're used to. Isn't that what your parents and their parents before them are used to? So, of course suffering is normal to you, Nigerian.

Your children are most likely going to be Grandparents too and their own Grand children won't know what it means to enjoy basic social infrastructures.

Well said. I agree with every word here. People fail to realise that every action or inaction of both the government and the led has consequences.

Well, here we are today, the result of the consequence of profligate spending and a lazy people.

This is not making sense to me. With your self acclaimed educational background, be urbane.

ISpiksDaTroof:



Continue enjoying drinking putrid water from dirty wells, after all thats all you're used to. Isn't that what your parents and their parents before them are used to? So, of course suffering is normal to you, Nigerian.

Your children are most likely going to be Grandparents too and their own Grand children won't know what it means to enjoy basic social infrastructures.

Yeah, lazy people that perform beyond expectation in foreign land with favourable environment.

Ioannes:
Well said. I agree with every word here. People fail to realise that every action or inaction of both the government and the led has consequences.

Well, here we are today, the result of the consequence of profligate spending and a lazy people.

mank1234:
Yeah, lazy people that perform beyond expectation in foreign land with favourable environment.

So what are you suggesting? That the environment is not favourable?

Ioannes:


So what are you suggesting? That the environment is not favourable?

Isn't that obvious

Op God bless you abundantly

Bond is different from borrowing - PassingShot

Naija