senatordave1:


Exactly except to the blind and senseless ones.naira was 1900 but has now decreased to 1500.does that not tell you that with more push,it will appreciate to 1000 by Dec

Where did Tinubu met it, 700

Who took it to 1900, Tinubu,

If he can't do better than Buhari, he should at least return it to where he met

He should just take us back to where he met us, not making it worst

.

successmatters:
Goldman Sachs are now the people running the exchange rate, after they noticed that the Nigerians in power are illiterates

Since you are also an illiterate

When ever international body like imf , world bank and sach whatever hail your policies be very suspicious of the looming havoc, these people re economic hit men.

Ofunaofu:
Tinubu is now contracting questionable international media houses, cash and carry analysts to give the impression that the economic policies imposed by his government are working.

First it was Bloomberg claiming that some phantom billions are pouring in, now some Goldman Sachs analysts saying that naira will appreciate

The Truth is that anything outside returning the Naira to dollar exchange rate to N700/a dollar and 185/liter of PMS where he met it is a total balderdash. A confirmed failure

Tinubu cannot be whitewashed. No opinion of international media house or world economic analyst can change that

He got his accounting first class certificate with first class cut and join cutlass of iregbetiti.

Okay

What he is saying is ..naira is undervalued and can be better than what it is now ..very correct 🤔

AcuraZDX:


Which other push?

All the strategy has been maximized.

Naira is officially 1500-1600.

I know you won't agree and I won't bother to explain.

Because you're among those that supported Buhari and all his policies for 8 wasted years. Now you have turned into an economist for Tinubu.

take it easy on that zombie

1,200 to 1 dollar, you call appreciation? How much was it when they assumed office? GOD will punish you all! Wicked demons!

Blakjewelry:
we know back then the naira was at a false state but at least it shouldnt have gone above 400 if they had float it back then, I believe these reforms will yield great benefits but again Nigerian politician are fund of spending recklessly when the going is good.

Defending the naira is bad for the economy. I watch some Singaporean politician talked about the time they were facing economic challenges like this, they had to make hard decision to pumping their reserve but they have to put in place measures to make sure some future politicians don't spend what they didn't accrue. Today they are enjoying the Fruit, though I must say the changes come at a very very bad time.

See nonsense story, where was these stories in 2011 to 2012.

That picture is 2014,and I know you were alive then.

Enemies of Nigeria....aka...gbadue people disagree.
Every positive news is propaganda.


Jokers

This is bullshit_

Nonsense and agbado

senatordave1:


Exactly except to the blind and senseless ones.naira was 1900 but has now decreased to 1500.does that not tell you that with more push,it will appreciate to 1000 by Dec

lol leave Goldman Sachs Biko , those are economic hitmen . They manipulate the currency of nations to make a kill . Obviously they have offloaded tons of dollars at an all time high and need to buy back at all time low , thus all this analysis from them . Just watch when they feel the currency has bottomed out in their favour and have mopped enough dollars they will get another analyst to project a gloomy outlook for the naira so as to push another spike in the rise .

You guys should keep deceiving yourselves. Nigerian govt knows the problem of the country, but they cannot get it right because it will not favour them. We only need a selfless leader to fix Nigeria, Obasanjo was 100% correct.

senatordave1:


Goldman Sachs an international firm with repute is now questionable?

What reputation?

Even Nas said this in his song 'no introduction'

'Hood forever, I just act like I'm civilized
Really what's in my mind is organizing a billion black motherfuckers
To take over JP and Morgan Goldman and Sachs
And teach the world facts and give Saudi they oil back'



Go look them up. Theyve been embroiled in many scandals

senatordave1:


Goldman Sachs an international firm with repute is now questionable?

.

Was goldman Sach or a worker at Goldman Sach opinion?

senatordave1:


Exactly except to the blind and senseless ones.naira was 1900 but has now decreased to 1500.does that not tell you that with more push,it will appreciate to 1000 by Dec

Which 1500 naira, you people should take it easy, this is central bak value for today below..

For now be blaming peter Obi and biance, you sound better then.

Which report are we going to take now? IMF last month predicted that the naira will be loosing 35% of it's value this year.

slivertongue:
NIGERIA is a cheap country

But the leaders are living large . They don't care about the economy. A poor country with highest paid lawmakers in the world . The earlier we realise that we are the ones serving them rather than the other way round, the better

Something that got spoilt under 2months of Tinubu will take another 12 months to appreciate to 1200/$.
Disgruntled elements

naija4life247:


Tell me how educated are your family members

You are the one crying now from your statement as if they poured hot water into your mama toto.

iichidodo:
Instead of dollar, can we just tie the naira to gold standard or silver bullion? We have rich seams of gold deposits in our country..

You want them to give us the "Libya treatment"?

Anyone that opposes the use of dollars as the global tender will be destroyed by the US

Ola9ja23:



Even CBN and BBC can't satisfy IPOBidients if the analysis is not in their favor


Any positive projection for Nigeria is a source of eternal sadness for them all bcs they believe that bad news will make their Pandora Obituary to win in 2027

Little they know that 99 of Pandora Obituary can't defeat Asiwaju

Oga how far na, you didn't blame biance today?

omoadeleye:



Nope, you are the illiterate that doesn't get what they're doing

Oga he said 6 months here, what is happening na, it is almost 9 years or do APC use another moon to calculate time because most of their brain is leaking.

Them no know say economic pointers de misbehave when it comes to naija issue lol.

@ Ola9ja23

Chairman considering we came from 700 to 1200

This is not positive news.

Ola9ja23:



Even CBN and BBC can't satisfy IPOBidients if the analysis is not in their favor


Any positive projection for Nigeria is a source of eternal sadness for them all bcs they believe that bad news will make their Pandora Obituary to win in 2027

Little they know that 99 of Pandora Obituary can't defeat Asiwaju

If alll the prices that have gone up will come down

Blakjewelry:
we know back then the naira was at a false state but at least it shouldnt have gone above 400 if they had float it back then, I believe these reforms will yield great benefits but again Nigerian politician are fund of spending recklessly when the going is good.

Defending the naira is bad for the economy. I watch some Singaporean politician talked about the time they were facing economic challenges like this, they had to make hard decision to pumping their reserve but they have to put in place measures to make sure some future politicians don't spend what they didn't accrue. Today they are enjoying the Fruit, though I must say the changes come at a very very bad time.

Nigeria has just two economic problems:

1) Lack of FX reserves
2) Poor Electricity Supply.

I still think before floating, we should have focussed first on selling the Warri refinery and one or two other assets to get FX. Then with such FX you can get the black market and official rate to unite around 600.
The official rate would just be devalued from 450 to 550 and with enough reserves, we could have brought the black market down from 760 to around 550/600.

my question is why are other countries and outsiders determining the value of our Naira isnt that madness? can an african or Nigerian determing the value of the USD or Euro are you Nigerians not ashamed of yourselves in 2024 neo colonialists are still dictating your economy, who becomes your leader,yhe worth of your currency the strength of your passport and how you govern yourselves omo you Afticans and Nigerians are worthless fools abeg you should not exist as a people or Nation animals have more purpose and respect than you.

senatordave1:


Goldman Sachs an international firm with repute is now questionable?

And to think he has over 40 likes for the nonsense he put out is more embarrassing.

The level of illiteracy here is alarming. I don't even know what to think

Omor we are In trouble in this country

See where these idiots want to leave the Naira at

1.2k

What manner of wickedness is this

mastermaestro:
1,200 to 1 dollar, you call appreciation? How much was it when they assumed office? GOD will punish you all! Wicked demons!

I swear