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When Naira Was Naira - Business (2) - Nairaland

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Re: When Naira Was Naira by lifestyle1(m): 6:24pm On Mar 22, 2017
If crude oil can sell @ 100$ per barrel this month.
Re: When Naira Was Naira by kesmalindo(m): 6:25pm On Mar 22, 2017
9jakohai:

And oil was at $110 and above.
let them know

1 Like

Re: When Naira Was Naira by Nobody: 6:27pm On Mar 22, 2017
The good old days.....*smh while biting finger*

Re: When Naira Was Naira by anonimi: 6:28pm On Mar 22, 2017
9jakohai:
And oil was at $110 and above.

Even when the price of oil from the Niger Delta started nose diving, Jonathan managed our economy very well such that our exchange rate did not crash anyhow unlike the dullard who has ruled ruined us for two years.
Oil price crashed by over 50% but Jonathan managed our exchange rate to drop only by N10 from N206 on the shared picture of the OP to N216 on the campaign poster for CHANGE.
The dullard is a curse upon this land.
The zombies should remove their deadi bodi, abeg. angry undecided


www.nairaland.com/attachments/5037232_chart2_png458c6341b0e8e8f38509d431d0581949

4 Likes

Re: When Naira Was Naira by eph123(f): 6:28pm On Mar 22, 2017
BMC crew will tactically avoid this thread, I trust them.

2 Likes 1 Share

Re: When Naira Was Naira by melejo(m): 6:29pm On Mar 22, 2017
pocohantas:
That's exactly how the value of some Nigerian men is dropping. grin
Which one we go use console ourselves now?

Things are expensive, even to see better boyfriend that will make you happy scarce like dollar. OP, the value of oil was good then sha.

Nobody should quote me angry
See me hear, I love you. I be better boyfriend, I go make you happy

Re: When Naira Was Naira by dayold: 6:30pm On Mar 22, 2017
HAH:
What will you do if you see the exchange rate of 1983.? That was when naira was naira
We r not even talking about that one.
Re: When Naira Was Naira by hassey(m): 6:31pm On Mar 22, 2017
happney65:


Before Buhari and co came and destroyed everything..Awon weere..

how much was the same euro in January 2015. I can still remember buhari was not in power them.
Re: When Naira Was Naira by mfm04622: 6:32pm On Mar 22, 2017
rheether:
When we though Jona was clueless cry

He was. He still is!

1 Like

Re: When Naira Was Naira by Tazdroid(m): 6:32pm On Mar 22, 2017
Asito:
all hail the passport currency.
grin fine arts
Re: When Naira Was Naira by naijaboy756: 6:33pm On Mar 22, 2017

3 Likes 1 Share

Re: When Naira Was Naira by Nobody: 6:33pm On Mar 22, 2017
they have messed everything up.
Re: When Naira Was Naira by Nobody: 6:33pm On Mar 22, 2017
`

3 Likes

Re: When Naira Was Naira by rusher14: 6:34pm On Mar 22, 2017
Average crude oil prices in 2012 were at historically high levels for the second year in a row. Brent crude oil averaged $111.67 per barrel, slightly above the 2011 average of $111.26.


https://www.eia.gov/todayinenergy/detail.php?id=9530
Re: When Naira Was Naira by ihesiuloa(m): 6:35pm On Mar 22, 2017

2 Likes

Re: When Naira Was Naira by numericalguy(m): 6:37pm On Mar 22, 2017
That was before the evil and illiterate tyrant called Buhari came.

1 Like

Re: When Naira Was Naira by pokipoki: 6:37pm On Mar 22, 2017
vizkiz:
I remember those days when shawama (full package) costs 500 naira.

When I can cook a good meal with 1k cry

When I can use 2k petrol for a whole week cry

How did we get here?
Hahahaha. Through "change".
Re: When Naira Was Naira by veekid(m): 6:37pm On Mar 22, 2017
REIIGN:
This was before we let an 80 year old kunu drinking, burukutu sipping, certificateless cattle rearer take over the highest seat in the land!


How can a country of technocrats be ruled by a War-College diploma holder? How did we get here? In saner climes, Buhari is not even qualified to work as a domestic staff in the Presidential villa.


How did we get here? sad
well said bro

2 Likes 1 Share

Re: When Naira Was Naira by pokipoki: 6:39pm On Mar 22, 2017
naijaboy756:
This ur pix is enof to make Buhari resign if he had any atom of integrity
Hahahaha. African leaders don't resign from office, most especially Nigerian leaders.
Re: When Naira Was Naira by yashau(m): 6:39pm On Mar 22, 2017
vizkiz:
I remember those days when shawama (full package) costs 500 naira.

When I can cook a good meal with 1k cry

When I can use 2k petrol for a whole week cry

How did we get here?
smally, how old are you then?
Re: When Naira Was Naira by veekid(m): 6:39pm On Mar 22, 2017
9jakohai:


And oil was at $110 and above.

And we had enough forex flowing in as a result.

And we could afford to let in lots of foriegn investors because they could remit their money home easily (With so much flowing in CBN did not need to do restriction stuff).

By the way....in 1978....N1=$1

Then we were
No 1 in palm oil
No 2 in cocoa
Top5 groundnut producer
Top 5 cotton producer
Top 5 beninseed producer
Top 5 tin and comlumbite producer
Modest exporter of gold. (oh yes!)
Enjoying an oil boom.
Manufacturing things like biscuit, batteries, cars, tyres, etc at home.

If we want to get back there....either we

1.Become productive, which most Nigerians do not like because we like oyinbo and chinese stuff.

2.Allow naira to float...which most Nigerians do not like because we are so fixiated on a strong currency (with nothing to export).

3.Fast and pray that oil goes back to $100 and above (in our dreams).

4.Take a loan to improve power, rail, road and education as a matter of interest. (Hey, South Korea did it in the 1960's).

5.Start buying Nigerian

6.Cut all subsides, and raise taxes, power bills, etc (which most Nigerians do not like because we think that we should pay N10 per liter for fuel, and N100 per semester as university fees).

You want a strong currency.....then work for it. Be prepared for more hardship. Stop waiting for oil. Start producing. Improve your education. Read Field Ruwe everyday.

Yes...all of you asking Buhari to return our currency back to where it was...by the time you realise how tough a road that is going to be...you will keep quiet and beg him to keep pumping dollars. Well...the dollars are not enough.

Time we got some work done.

Rant over.

Well said bro
Re: When Naira Was Naira by pokipoki: 6:42pm On Mar 22, 2017
cheaphost:
Surah Bureau de change is at Wuraola house on Allen.
Hilarious!!!!
Re: When Naira Was Naira by veekid(m): 6:42pm On Mar 22, 2017
pocohantas:
That's exactly how the value of some Nigerian men be dropping. grin
Which one we go use console ourselves now?

Things are expensive, even to see better boyfriend that will make you happy scarce like dollar. OP, the value of oil was good then sha.

Nobody should quote me angry

You burst my head mehn
Re: When Naira Was Naira by Sezua(m): 6:43pm On Mar 22, 2017
anonimi:


Even when the price of oil from the Niger Delta started nose diving, Jonathan managed our economy very well such that our exchange rate did not crash anyhow unlike the dullard who has ruled ruined us for two years.
Oil price crashed by over 50% but Jonathan managed our exchange rate to drop only by N10 from N206 on the shared picture of the OP to N216 on the campaign poster for CHANGE.
The dullard is a curse upon this land.
The zombies should remove their deadi bodi, abeg. angry undecided


www.nairaland.com/attachments/5037232_chart2_png458c6341b0e8e8f38509d431d0581949
you are high on weed, can't u see the op posted Euros?
Re: When Naira Was Naira by opethom(m): 6:48pm On Mar 22, 2017
pocohantas:
That's exactly how the value of some Nigerian men be dropping. grin
Which one we go use console ourselves now?

Things are expensive, even to see better boyfriend that will make you happy scarce like dollar. OP, the value of oil was good then sha.

Nobody should quote me angry
better boyfriend no sacres, either you're too expensive or too strict, Gime a chance and let me change the whole story
Re: When Naira Was Naira by sshalom(m): 6:49pm On Mar 22, 2017
cheaphost:
Surah Bureau de change is at Wuraola house on Allen.

Some of you guys won't kill somebody on Nairaland! grin grin grin
Re: When Naira Was Naira by Deepfreezer(m): 6:51pm On Mar 22, 2017
rheether:
When we though Jona was clueless cry
hahhahha Eiyaahh
Re: When Naira Was Naira by Nobody: 6:52pm On Mar 22, 2017
Useless APC government
Re: When Naira Was Naira by eph123(f): 6:55pm On Mar 22, 2017
rusher14:
Average crude oil prices in 2012 were at historically high levels for the second year in a row. Brent crude oil averaged $111.67 per barrel, slightly above the 2011 average of $111.26.


https://www.eia.gov/todayinenergy/detail.php?id=9530

Story. Very convenient, continue blaming oil prices. Which sensible policy has this government implemented? Zilch. Zero. None.

2 Likes

Re: When Naira Was Naira by emi14: 6:56pm On Mar 22, 2017
That receipts bears my birthday. I was on the air that same day. Now "when naira was naira. Who was the president of Nigeria then?

1 Like

Re: When Naira Was Naira by eph123(f): 6:57pm On Mar 22, 2017
9jakohai:


And oil was at $110 and above.

And we had enough forex flowing in as a result.

And we could afford to let in lots of foriegn investors because they could remit their money home easily (With so much flowing in CBN did not need to do restriction stuff).

By the way....in 1978....N1=$1

Then we were
No 1 in palm oil
No 2 in cocoa
Top5 groundnut producer
Top 5 cotton producer
Top 5 beninseed producer
Top 5 tin and comlumbite producer
Modest exporter of gold. (oh yes!)
Enjoying an oil boom.
Manufacturing things like biscuit, batteries, cars, tyres, etc at home.

If we want to get back there....either we

1.Become productive, which most Nigerians do not like because we like oyinbo and chinese stuff.

2.Allow naira to float...which most Nigerians do not like because we are so fixiated on a strong currency (with nothing to export).

3.Fast and pray that oil goes back to $100 and above (in our dreams).

4.Take a loan to improve power, rail, road and education as a matter of interest. (Hey, South Korea did it in the 1960's).

5. Start buying Nigerian

6.Cut all subsides, and raise taxes, power bills, etc (which most Nigerians do not like because we think that we should pay N10 per liter for fuel, and N100 per semester as university fees).

You want a strong currency.....then work for it. Be prepared for more hardship. Stop waiting for oil. Start producing. Improve your education. Read Field Ruwe everyday.

Yes...all of you asking Buhari to return our currency back to where it was...by the time you realise how tough a road that is going to be...you will keep quiet and beg him to keep pumping dollars. Well...the dollars are not enough.

Time we got some work done.

Rant over.

Same Buhari who spent 51 days in a foreign hospital.

What an irony.

Leadership is by example, not by telling stories.

2 Likes

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