Hoelujohn:

God go shame you, it won't exceed 3k per dollar

3k ? Wicked people every where.

VeeVeeMyLuv:
1 dollar to ₦5000 loading

that one na general wotowoto

There is no recovery from this

Meanwhile, people protested heavily over this

I remember you guys said same thing when Bubu was ruining the economy that if we had voted GEJ, same thing would have happened.

You guys hardly take responsibility for your poor choices

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

Curious346:

A high exchange rate for the naira (meaning a weaker domestic currency relative to the US dollar) can have several negative implications for an import-dependent economy like Nigeria :

Higher Import Costs: A weaker domestic currency means that it takes more of the domestic currency to purchase one US dollar. This leads to higher costs for importing goods and services priced in dollars, making imports more expensive. Import-dependent economies rely on foreign goods, so this can result in increased prices for imported products, which can lead to inflation.

Inflation: The increase in import costs can contribute to inflation in the economy, as businesses may pass on the higher import costs to consumers in the form of higher prices for goods and services. This can erode purchasing power and reduce the standard of living for consumers.

Trade Imbalances: A high exchange rate to the dollar can worsen a country's trade balance. When imports become more expensive, it can reduce the demand for foreign goods, but it may not necessarily lead to a corresponding increase in exports. This can result in a trade deficit, where a country is importing more than it is exporting.

Reduced Competitiveness: Domestic industries may find it challenging to compete internationally when the exchange rate is high. Their products become more expensive for foreign consumers, potentially reducing exports. This can negatively affect industries that rely on international markets.

External Debt Burden: If the country has significant external debt denominated in foreign currencies, a high exchange rate can increase the cost of servicing that debt. It makes it more expensive to repay loans and interest in foreign currency terms, potentially straining government finances.

Capital Flight: Investors may be less inclined to invest in an economy with a weakening currency, fearing that their investments will lose value. This can lead to capital flight, which can destabilize financial markets and reduce foreign investment.

Uncertainty: A highly volatile exchange rate can create uncertainty for businesses and investors, making it difficult to plan for the future. This can deter foreign direct investment and hinder economic growth.

To mitigate these negative implications, governments of import-dependent economies like Nigeria may implement policies such as currency interventions, monetary policy adjustments, or trade policies to stabilize the exchange rate and address the challenges posed by a high exchange rate to the dollar.

I'm going higher, yes I am...!!
I'm going higher today....!!

Lol...!!

Akwamkpuruamu:


Make dem no mistake your moniker for SAMLARRY

open your eyes well o

Capital flight. This is why foreign airlines and GSk are leaving nigeria

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

Stop writing NONSENSE to justify your idiocy.

You know ZILCH about what Obi would have done if he was president.

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

There is no way Obi's style will be the same with Tinubu.

That’s the rate for ibo people
Yoruba people buy dollar at the rate of 250

Yoruba laba
Omo lulubu

ofeco:

There is no way Obi's style will be the same with Tinubu.

dey Play

SmartPolician:


Stop writing NONSENSE to justify your idiocy.

You know ZILCH about what Obi would have done if he was president.

yeah'right because I didn't see his level of competence as Anambra governor

The economy of Anambra was juicy as a governor

Anambra don turn Dubai Na him he dey Live for lagos.who you dey deceive?

I thought one Daddy GO said Naira will be better than the Dollar? Abi the time never reach?

SAMBARRY:
yeah'right because I didn't see his level of competence as Anambra governor

The economy of Anambra was juicy as a governor

Anambra don turn Dubai Na him he dey Live for lagos.who you dey deceive?

Propaganda will not kill you, maybe its lies that will.

DrGoodman:


Propaganda will not kill you, maybe its lies that will.

lmaooo

Quite typical

So as we don expose Una,Na swear remain

Anyway Yorubas will say tewure baboju weyin afepe felepe.that is for back to sender

SAMBARRY:
yeah'right because I didn't see his level of competence as Anambra governor

The economy of Anambra was juicy as a governor

Anambra don turn Dubai Na him he dey Live for lagos.who you dey deceive?

People with this type of tribal bigot mentality always die in penury, and pls try not to bring a seed into this world to suffer your fate.

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

We are still saying same thing na, it will favour me and my family

kereman1:


People with this type of tribal bigot mentality always die in penury, and pls try not to bring a seed into this world to suffer your fate.

back to sender in Jesus name.you will die in penury and I will continue to live in wealth in Jesus name amen

mycar:

F9 and Fail, what's the difference?

Naira is only going higher I don't see anything wrong.

Hungry Agbadorians vote rubbish, na me and my ELLUPE family e dey favour.

God is wonderful.

Dem say e don drop.

emmanuelbrown26:

We are still saying same thing na, it will favour me and my family

whether Na Broda Tinubu, Broda Obi or Broda Atiku,I don't care whoever it is,the Government will continue to favor me and my family in Jesus name amen

SAMBARRY:
back to sender in Jesus name.you will die in penury and I will continue to live in wealth in Jesus name amen

If you don't want to die a peasant why are you defending failure? If failure seems to be an achievement for you, may u achieve it in all your endeavours and stratas of your life. Amen to whatever God you serve.

Next time you will pass instead of saying nonsense

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

Shut up you're deceitful

Isn't that how you supported buhari for 8 wasted years? Aren't you tired of worshiping your oppressors and that of your people?

SAMBARRY:
whether Na Broda Tinubu, Broda Obi or Broda Atiku,I don't care whoever it is,the Government will continue to favor me and my family in Jesus name amen

Which Jesus are u calling? When they are busy stealing our money u are here shouting Jesus. Ronu crew, una never start dey breath

SAMBARRY:
:ogbenu oshi lo ko gbenudake.even if it was Broda Obi sitting in aso rock,the same thing will have happened so get over this bitterness and resentment.it will neither help you or anybody Ko gedifok

Hahaha You still dey mention Obi name

Well news flash it will not be the same for Obi is not a daft drug addict sick old fella like your tifnubu

Do You want Us to fish out Obi's performance as Governor in Anambra of Yesterday vs tifnubu of big Lagos whose foundation for development had been set by the whites?

Difference is Obi is a not just a politician, He is a service man,while tifnubu has always been a criminal.

Forfeiture is acceptance to crime in a sensible clime.

Every knew Tifnubu will be a maximum disaster, even His own direct family in Osun state will choose death 600times to voting a sick drug induced calamity like him.

Floating the naira is a useless idea

DrGoodman:


Stop wishing evil on Nigeria, dollar can only reach #4,800

you sef no wish us well........naira no go pass -N-4,755 per dollar...........Tinubu's regime will favor us!!

BossGerald:


Shut up you're deceitful

Isn't that how you supported buhari for 8 wasted years? Aren't you tired of worshiping your oppressors and that of your people?

stop crying under my mention na