One dollar equals more than 1,800 naira while the pounds is about 2,300 naira .
The rise in foreign currency against the naira is having a ripple effect on the economy as the cost of living is now very high for the common man.
Salary still remains stagnant with high cost of fuel with middle class citizens abandoning their cars at home.
How did we get here.
At this rate I think we should go back to trade by barter and start afresh as the Government of the day seems confused about their economic policies.
Just my take.

Since the govt has decides that printing cash and selling petrol to arm a selected few so they can buy what I and others produce is the right approach, I support we go back to trade by barter.

Among other things, it will:
- Force more people to think about what they can offer to get what they need and want.
- Help people stop belittling some noble professions, vocations and businesses.
- Reduce oversaturation of distribution chain in commerce, thus forcing some persons to go and join the productive arm of the labour force.
- Help govt have a rethink about ignoring welfare of the drivers of the economy. (The lowly).

RepoMan007:
Since the govt has decides that printing cash and selling petrol to arm a selected few so they can buy what I and others produce is the right approach, I support we go back to trade by barter.

Among other things, it will:

Our grand parents did not know what is called dollars and pounds and they lived well.
They were communal and lived happily .
Nothing like inflation.
If you get give me if I get I give you and they were happy.

guobe:

Our grand parents did not know what is called dollars and pounds and they lived well.
They were communal and lived happily .
Nothing like inflation.
If you get give me if I get I give you and they were happy.

there was inflation and famine in their own time too. Those two phenomenon are synonymous to lack. What they did better than us was managing it better by crying to God above for answers and not to their kings for endless palliatives or for printing of money.

Your suggestion is ridiculous.
Your great grand parents were not importing goods from China.

jmoore:
Your suggestion is ridiculous.

Your great grand parents were not importing goods from China.

But they survived and lived longer.
How many people can survive like them now.
BP is now killing 28 years old Nigerians because of hardship.

guobe:
But they survived and lived longer. How many people can survive like them now. BP is now killing 28 years old Nigerians because of hardship.

Can you stay for one year without your phone, laptop and TV?

All we need RN is six things.

1. The best security team even if it's foreign.
2. More farmers.
3. Constant electricity.
4. Jobs for the youth who must pay taxes.
5. Fixing the leakages in the finance sector.
6. Good leadership and apprehension of corrupt officers.

NPFLADMIN:
All we need RN is six things.

1. The best security team even if it's foreign.
2. More farmers.
3. Constant electricity.
4. Jobs for the youth who must pay taxes.
5. Fixing the leakages in the finance sector.
6. Good leadership and apprehension of corrupt officers.

They still can't fix power in Nigeria

jmoore:

Can you stay for one year without your phone, laptop and TV?

If that will make me to have peace of mind why not.
Our grand parents lived without those gadgets and survived.

guobe:
If that will make me to have peace of mind why not. Our grand parents lived without those gadgets and survived.

Stone age is better? Is China doing trade by barter?

jmoore:

Stone age is better? Is China doing trade by barter?

The present Government in Nigeria are not getting it right.
Maybe trade by barter will be like a reset button.

guobe:

They still won't fix power in Nigeria

Corrected!

Yep. 100% true.

Corruption in 9ja na sometin else!

Trade by barter?

Can we exchange TINUBU for A PLATE of GBEGIRI?

Asking for a friend

Rantingpiglets:
Trade by banter?

Can we exchange TINUBU for A PLATE of GBEGIRI?

Asking for a friend

Lol

What will you the OP trade? What is your product that others require?

guobe:
One dollar equals more than 1,800 naira while the pounds is about 2,300 naira .
The rise in foreign currency against the naira is having a ripple effect on the economy as the cost of living is now very high for the common man.
Salary still remains stagnant with high cost of fuel with middle class citizens abandoning their cars at home.
How did we get here.
At this rate I think we should go back to trade by barter and start afresh as the Government of the day seems confused about their economic policies.
Just my take.

Realdeals:
What will you the OP trade? What is your product that others require?

Everybody must have something either goods or services that we can use to exchange.
If a plumber does a plumbing work for you,a yam farmer can give him yam as payment.
It will increase productivity.

goube waiting I do you

guobe:
One dollar equals more than 1,800 naira while the pounds is about 2,300 naira .
The rise in foreign currency against the naira is having a ripple effect on the economy as the cost of living is now very high for the common man.
Salary still remains stagnant with high cost of fuel with middle class citizens abandoning their cars at home.
How did we get here.
At this rate I think we should go back to trade by barter and start afresh as the Government of the day seems confused about their economic policies.
Just my take.

My take on this...if we should go by trade by barter...the south-south and the north will be the most sustain region due to the oil and agriculture sector.

The west be will the big losers because they have nothing to offer to the rest of the other regions.

As for the east...I dont even know what to say.

My 2cent

adamma24:


My take on this...if we should go by trade by barter...the south-south and the north will be the most sustain region due to the oil and agriculture sector.

The west be will the big losers because they have nothing to offer to the rest of the other regions.

As for the east...I dont even know what to say.

My 2cent

It will create competition as everybody will want to be a producer otherwise they will go hungry as there will be no food for lazy man

guobe:

It will create competition as everybody will want to be a producer otherwise they will go hungry as there will be no food for lazy man

Yeah...it will create competition...now let us give technology hub to the easterners...north will be agricultural hub...south south will be oil and gas...what will be the fate of the west??

I have ewedu leaves and I need that baale big yansh daughter 😁😁😁😁😁

adamma24:


Yeah...it will create competition...now let us give technology hub to the easterners...north will be agricultural hub...south south will be oil and gas...what will be the fate of the west??

They are good at Agriculture as cocoa farming is big business

guobe:

They are good at Agriculture as cocoa farming is big business

Yeah...during Awolowo time..the built most of the west with sales of cocoa....but will that feat happen in the era when 90% of western youth need fast money.

adamma24:


Yeah...during Awolowo time..the built most of the west with sales of cocoa....but will that feat happen in the era when 90% of western youth need fast money.

If there is no other choice they will go into it.

guobe:

If there is no other choice they will go into it.

Yeah...condition go make crayfish bend..

adamma24:


Yeah...condition go make crayfish bend..

So true

adam or eve abi wetin u dey call ursef. u sha won drag west and ur contribution have been so subjective. even d so called technology u want to give east, they don't have it. don't confuse importation from asia with tech. you can Google top 10 Nigeria tech and i can bet you the west dominates it.

Trade by barter won't favour this economy,
becuase it will affect
the educational sector
(teachers may not have the zeal to teach anymore)
if trade by barter is implemented
the naira will lose it value 10 times it previous value
by then
nothing can be imported
due to inflation
when a loaf of bread will hit 50,000,
the only way nw is to just find a power bank, pending when when the dam will begin it work effectively
in my area some teacher go to sch 3 times a week

Does trade by barter change the narrative that you must have goods to sell or services to render?!

guobe:
One dollar equals more than 1,800 naira while the pounds is about 2,300 naira .
The rise in foreign currency against the naira is having a ripple effect on the economy as the cost of living is now very high for the common man.
Salary still remains stagnant with high cost of fuel with middle class citizens abandoning their cars at home.
How did we get here.
At this rate I think we should go back to trade by barter and start afresh as the Government of the day seems confused about their economic policies.
Just my take.

How do you mean
One kidney for iPhone 15

yinkeys:

How do you mean
One kidney for iPhone 15

No na lol