Never believe APC government.
APC government was built on propaganda and deceit.
My happiness is more reasonable Nigerians now understand their gimmicks except the ones with foolishness in their genes.

But Buhari was managing the problem better than this. If Tinubu means well, he should work with Emefiele and other economists to find out how they stabilised the Naira.

is at 1410 this morning

post=129622035:


Source: https://www.vanguardngr.com/2024/04/naira-depreciates-to-n1305-in-parallel-market/

Yam pepe scatter scatter

Our future president has spoken

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

Go and sit down
Show us first the effects of the grants to farmers by emefiele

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

Really?! With bandits kidnapping, killing, and maiming farmers across the nation, and seizing their lands?!!

Abi, you haven't been keeping up with the happenings in your nation?!!

Franklyspeakin:
the resultant effect of poor economic planning

It's very easy to criticize. Can we see your CV may be you have the magic wand to make a difference.

Yankee101:
They tricked Nigerians
Pumped in dollars
Gullible people sold their stock
Political thieves changed those dollars we were told they had in warehouses to dollars. Now they’re letting it go without much support. They burnt 1bn dollars in 30 days

Which countries have 2 currencies of different colors operating at the same time without phasing one out?

Tinubu and his boys are a scam. There may be a lot of activity but no progress. Na retrogression

Fake news. Even Bloomberg that publsihed the fake news have made clarifications. CBN has not dropped dollars in the black market for rates to drop. It is those hoarding dollars (presumably politicians) that threw out their dollars thinking the rates will keep falling. Now they have resumed hoarding. There is no single reason or fundamental for Naira to keep losing value except for corruption and economic sabotage. EFCC should identify and go after the saboteurs, hoping that Nigerians will not protest and start saying 'leave our man alone'!

Why na?

Dynamicboss:


I hope so but I don’t understand what is going on. Yesterday they sold it at 1,021 to BDC. So what’s going on?

It will appreciate much bigger

Dynamicboss:


I hope so but I don’t understand what is going on. Yesterday they sold it at 1,021 to BDC. So what’s going on?

Tinubu's government and Cardoso are afraid of northerners who control 99.999% of BDC operations.

Selling to them at 1021 is some sort of bribery/subsidy to some powerful northern people to keep them from revolting against Tinubu government. Divide and conquer strategy.

Now ask yourself, why government will choose to subsidise dollars for some northerners while preventing 100% of southerners to legally access dollars for their needs through ATM debit cards to make purchases online without going through middle man BDC operators who will sell it at a higher price to the common man

This is the same illegal arbitrage opportunity the CBN governor and Tinubu is creating but they'll pay some foolish people 25k monthly to keep pushing out propaganda that crypto is that Binance is the problem of the naira.

Binance has shut down. They'll soon latch onto another victim to blame for their corrupt and incompetent policies

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

If only bandits and herdsmen will allow the farmer produce in peace

Shattuck:
maybe Bloomberg report was right afterall, I think the govt is using our foreign reserve to stabilize the naira.

Sigh... No wonder Reno Omokri face Peter Obi with so much passion since this week started.

He wan distract him dull followers from this shocking reality.

I thought one celebrity pastor said he made the dollar to fall by his powers....

Hope his powers hasn't fallen as well.

It's well with the naira.

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

Let's assume they are using the reserves to stabilize the naira, though you've been told several times that this is not so.
So within the 2 years of implementing the agriculture, the nara should be allowed to rise as rapidly as it was?

I will continue to laugh at this Yoruba people that think their president knows what he is doing.

We will see you at 5000NGN per $

D

i sold at 1178. this thing dey pain me now

Those people insulting Igbos and Obidient all because of naira should apologize

I like the way the convergence is being maintained.

It will frustrate speculators

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

How many youths want to be a farmer

How many naija gurlz want to date a farmer

what makes agriculture catchy for the new generation

What Tinubu government and CBN are doing is Forex manipulation which is not sustainable. By next week it go up to #1500 , then comes down to #1100 . APC magical government.

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

When Nigerians are ready, they will cultivate farmlands without government prompting or dubious intervention. I have come to an understanding that Nigerians always find solution when pushed to the wall.

The price of imported chicken and others are now more expensive than the live ones.Frozen chicken sellers in neighborhoods have now resorted to killing cows,freeze and sell in kg. Some are now raising chickens in their compound empty spaces just for the eggs

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

It's easier said than done

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

The government chose propaganda over real things. Now we are facing it

jkpbestseries:
so many are very happy now

It's not about being happy. Since last week till now business is very slow I don't understand if the country is about to break down. Things are really slow

obiekunie01:
they should stop using our reserve to stabilizer Naira.


this problem can be solved within 2 years if we pay attention to agriculture.

The government should disburse grants to farmers nationwide and setup committee to monitor the grant beneficiaries.

by next harvest, food will be plentiful and their will be food surplus.

And who will do the farming when bandits and Fulani herdsmen are terrorizing formers? Insecurity should be brought down to a reduction of an understandable level in the north and middle belt for what you stated to work effectively.

ejieddy:
This is the problem... Our exchange rate is too volatile... Can't we just maintain a particular amount for at least six months? Even if it's N1300? At least we know that's the amount come rain come shine. Any change should be N1 to N10 going upwards or downwards

hard as it seems but i assure you that these forex guys who claim to be making millions in a single night are the ones killing this economy. All forex dealers should be arrested. If you need dollars go to the bank and bank alone. Simple

Nothing ever works in this country. Can someone please explain this to me? How come CBN sells to BDCs at N1,020, and BDCs aren't suppose to make more than a profit of 1.5%, yet it's been sold for over N1,300. This is crazy.

jkpbestseries:
so many are very happy now

Exactly my brother.

Even, when the govt reduced it to about N1,000, they refused to reduce the price of their items.

You see ehn, bother yourself not about Nigerians.