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Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria (37812 Views)

Keep Your Dollars Closer! - Aisha Yesufu / Do Not JAPA Before Dangote Refinery Starts. You Might Regret / Reno Omokri To Buhari: You Are Always In Shock, We Don't Need A Shock Absorber (2) (3) (4)

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by maasoap(m): 7:18pm On Apr 04
mariahAngel:
You, come back to Nigeria naa. Yeye!

Dangote has become the owner and saviour of Nigeria we should all rely on.

Let people heed the warning because I know that you don't have dollars
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by faceland: 7:19pm On Apr 04
Just like a scammer, for the past 3 months Dangote have been announcing he would release petroleum products VERY SOON.

Elon Musk and Buhari has taught him investment scam. How to get rich with confident and audacious promises.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by fortune1968: 7:19pm On Apr 04
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.
Some people obviously hate Nigeria .We know them .
They are known as "developers"

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Deogratiasfx: 7:20pm On Apr 04
The only sense the man has made in many posts. This is the major way of crashing the dollar against the naira; if our economic main stay is been processed in Nigeria.
Those calling us enemies of Nigeria because of our criticisms, you can't claim to love Nigeria and your prefer Foreign things to local ones. Eg You leave IVM to buy Toyota and then call me enemy of Nigeria; that is hypocrisy.

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by youngrichnigga: 7:24pm On Apr 04
This eediot with "brush alaago" beard should just shut up right about now..... The government's planning to increase electricity charges is not his concern but anything to have a go at Obi and Obidients undecided undecided undecided undecided

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Sapasenator: 7:24pm On Apr 04
fortune1968:
Some people obviously hate Nigeria .We know them .
They are known as "developers"

Like Tinubu who foisted Buhari on Nigerians.

Can you honestly tell me that Tinubu has not the biggest enemy of Nigeria. Be sincere with yourself if indeed you have a conscience.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Deogratiasfx: 7:27pm On Apr 04
HNICEARTH:


This is the right time to buy dollars. Buy the dip. Wether Dangote products hits market or not, one thing is certain, dollar will still go up.

Those in power have appetite for it. They will always mop up when it's time and that will lead to scarcity.

Only way NGN will permanently stay strong against the USD, is to do away with nigerian politicians and get leaders who have empathy, love for the country and are ready to sacrifice their privileges to ensure the country works. Any other thing, nah comedy central

If Dangote products eventually hits the market, there is no magic about it o. It must crash the dollars. What is actually happening is the forces of demand and supply. Another thing is if we can patronize our other Local products as much as possible naira would be strong.

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by WHITELIGHTER: 7:27pm On Apr 04
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.

Wrong.
There are Nigerians who hate Nigeria. That's why you see them hating against Naira gaining value or momentum. The prefer it lose more ground, so they can gain more

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by blowjohn(m): 7:28pm On Apr 04
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.


Ur out of point. Ur arguments are neither here not there.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by maasoap(m): 7:30pm On Apr 04
mariahAngel:


Nigerians appreciate him quite alright, but Nigeria as a country should be able to function/prosper on its own without depending on a single man.
Monopoly should never be encouraged.

Have they sold Nigeria/Nigerians to him? They should let us know, so we all can know what we're in for in this country.

Ignorance speaking. Did you know the number of Nigerians that have obtained licences to build private refineries in Nigeria for many years before Dangote decided to apply for licence? None of them built anything
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Nedu05: 7:31pm On Apr 04
Dollars
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by blowjohn(m): 7:31pm On Apr 04
Deogratiasfx:
The only sense the man has made in many posts. This is the major way of crashing the dollar against the naira; if our economic main stay is been processed in Nigeria.
Those calling us enemies of Nigeria because of our criticisms, you can't claim to love Nigeria and your prefer Foreign things to local ones. Eg You leave IVM to buy Toyota and then call me enemy of Nigeria; that is hypocrisy.


Good point

But ivm shud also love Nigeria by making their cars cheap na.

How many Nigerians can afford inoosoon cars?
They are very expensive
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by zudozz: 7:32pm On Apr 04
AmazingGenius:
Social Activist, Reno Omokri, has urged Nigerians to convert their dollars into naira.



https://dailypost.ng/2024/04/03/convert-your-dollars-to-naira-before-dangote-refinery-starts-omokri-to-nigerians/


Usiless, anywhere belle face man. Only sensiless people like you will listen to you.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Mercury12(m): 7:35pm On Apr 04
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.
All because Obi didn't win enh?

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by JApraiz(m): 7:35pm On Apr 04
Dangote has to himself, other products,(some whose prices are not even internationally controlled), what has happened to the prices of such products? And has the prices of such products ever since been a reflection of the USD? Even some whose major raw material source are local.

The kind of economics you people postulate here in Nigeria, I wonder where Una get am from .

#i paused!
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by ebbo(m): 7:39pm On Apr 04
Splashme:
Is Reno an Economist?

How many of his past 'prophesies' since 2015 ever came to pass?

The Naira will only gain further whenever Dangote starts sourcing its Crude from Nigeria and in Naira (not the rubbish Reno is writing)

How could Dangote be buying crude from US and you expect Naira to improve?
.

You don't even know what you are saying, how can Dongote buy crude oil in naira? Crude oil is been sold in Dollars either in Nigeria or abroad. Do you think it's only we who own the drilled crude?
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by ehissi(m): 7:40pm On Apr 04
CoronaVirusPro:
Of two other billionaires can replicate same Dangote refinery, $$$ is doomed!

How can dollar be doomed by this.

Don't let politicians in power deceive you.

That refinery, as at when it was launched, reportedly cost $21billion dollars to build, dangote only put up $3billion, the rest was outsourced through foreign instruments/ loans.....

Which means in months to come, CBN must clear payments amounting to $18billion (interest not included, which are already accumulating as the refinery is already late by years on it initial projected kickoff date. 4 years late to be exact)....

So whatever benefit in FOREX you think it will bring in, will be used to clear whatever loans that set it up in the first place.....

Except Dangote is willing channel at least 90% of its product to supplying foreign customers and making them a priority over Nigeria, the refinery will just make the fall of the Naira faster......

As he will be paying CBN in Naira & CBN has to source dollars to clear the debt repayment.....

The only major potential benefit of the refinery at this stage is elimination of scarcity of product & fresh job opportunities in the oil & gas sector, other than that.......nothing ooooh.

Don't let politicians raise your hopes up & then shoot it down later when your eye don begin dey red

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Bignuell(m): 7:40pm On Apr 04
I don't know how to put this but alot of us don't understand how economics works. Dangote isn't refining shit, he is importing. I hate to break this to you, but the dollar to naira isn't going back to #400 or #180. Whatever the government is doing; banning binance and selling dollar at a cheaper rate to bdcs is to stabilize the dollar. Your government is using what they have in reserve to fund a private business and alot of y'all are here capping shit. Dangote ain't any fvcking saviour. When it is time to buy dollar or sell, you'll get the indication from the government indirectly
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by naija4life247: 7:41pm On Apr 04
Richtaiwo:

That's not what Reno Omokiri is saying. He said, if you have dollars, sell it out before Dangote products hit the market. Respond to that or heck out of the thread.

Reno said if you have Dollars, does the miscreant you quoted sound like someone who has seen a Dollar note before apart from in movies?

Don't worry yourself about idiots and nincompoops

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Iamzik: 7:41pm On Apr 04
Richtaiwo:

No, that's not what he is talking about. He also never said Dangote owns Nigeria. So don't attempt changing what he said out hate for Nigeria. What he said is; change your dollars to naira (that's is you have any) before Dangote refinery products hit the market which will expectedly bring down the dollars.

Lol the advice is for speculators.

Someone who earned his dolar legitimately or bought dollar at around 600 does not need to sell. Naira is not going back that low any time soon, if ever
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by clearcrystal: 7:43pm On Apr 04
HenryWilliams:
Don't convert your dollars o.
Keep it.
That's a universal tender.
Any appreciation the Naira has is superficial..
Billions of dollars used to defend it.
How long can that last?
Sooner or later..the bubble will burst.
Keep your dollars intact.
The bubble will burst on your head
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by jenniferedet00(f): 7:45pm On Apr 04
True



Click on my signature to find out, if interested.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Nahunger(m): 7:47pm On Apr 04
DCmonster:
Convert your dollars and cry later.

Only real niggars know this.

1 Like

Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Nahunger(m): 7:47pm On Apr 04
anyilalaz:
Hold your dollars closer



They don't know lol...
Aside petrol we import every other thing even pencil, needle and razor blades, toothpick, matches self lol
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Idaytesj29(m): 7:48pm On Apr 04
mightyhazel:
lover of Nigeria,was dangote refining fuel when dollar was 180 naira and fuel at 140,and u ,out of 'immense love for Nigeria occupied Nigeria ?

Anyways our hope is that the govt can do whatever needs to be done to bring dollar back to 180 and even less

At that time, crude oil has high price tag and you sell more crude to the international buyers. More forex comes in than it left the country at the time.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by caracas: 7:50pm On Apr 04
[b][/b]b][/quote author=ElSudani post=129268929]

Dangote is not running a monopoly. The problem with a lot of rich Nigerians is that they don't fancy any investment which may take several years to see returns.
Look at our banks as well, they would rather engage in round tripping than finance industrial concerns.
I think Dangote is just bold or perhaps he believes in Nigeria more.[/quote]
Story for the gods
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by meditator(m): 7:53pm On Apr 04
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.
IPOB terrorist and Obi supporter has spoken

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Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by gotnel: 7:54pm On Apr 04
ngwaIgbo223:
Advise from a runaway fugitive.
Just listen to what he is saying.
Forget about him being a runaway fugitive.
Very Very soon, dollar and naira will finally find their real value.
It is already here.
The system is now well regulated
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Ibkay32(m): 7:56pm On Apr 04
mariahAngel:


Nigerians appreciate him quite alright, but Nigeria as a country should be able to function/prosper on its own without depending on a single man.
Monopoly should never be encouraged.

Have they sold Nigeria/Nigerians to him? They should let us know, so we all can know what we're in for in this country.

You sure this girl understands what he said ?
😂😂
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by Barzinime(m): 7:58pm On Apr 04
You have low IQ.....
You really hate Nigeria and we know why cos the guy was explanatory enough but still adamant on comprehension.
And absolutely nothing you wish can make your dreams come true...just accept what you can't change and hope for the better cos that thought of yours isnt happening now or in the nearest future.
All you can do is to forget about it and be at peace with yourself.
mariahAngel:


No Nigerian hates Nigeria.
We all just want a Nigeria that is bearable to live in.

Tinubu is the biggest hater of Nigerians so far, in case you don't know.
Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by FLYFIRE(m): 8:01pm On Apr 04
Same Dangote that NNPC loaned what should have been used to repair our refineries to to build his personal refinery. But who still takes this idiot serious

Re: Convert Your Dollars To Naira Before Dangote Refinery Starts – Omokri To Nigeria by nedu666: 8:03pm On Apr 04
Why do people like reno who has been close to seat of power pretend that he doesn't know those putting pressure on naira. Those buying dollars are not poor people or minimum wage earners or people who have 2 million in account. It is those in govt who steal billions of naira, they buy dollars irrespective of the price because their aim is to shift it to private accounts abroad. Every time allocation is shared to states, money released to ministeries and federal agency do you know how much is converted to dollars. These are the people reno should advise instead of talking rubbish

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