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Nairaland Forum / Nairaland / General / Politics / Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth (4246 Views)
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Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by SadiqBabaSani: 1:15pm On Nov 04, 2023 |
Take this advice and you will not regret it. They are borrowing massively to defend the Naira. The last administration which Tinubu does not want to bring to book finished Nigeria kpatakpata. The looting in the last 8yrs under Buhari was unprecedented. Tinubu must jail Malami, Mele Kyari, Daura's most famous recharge card seller etc after recovering the properties anf funds they stole 18 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Curse777: 1:17pm On Nov 04, 2023 |
Dollars is getting more and more stronger against all currency pairs but Naira won't be badly beaten anymore 26 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Hoelujohn: 2:05pm On Nov 04, 2023 |
SadiqBabaSani:Buy more dollars for what? Is that our currency? People like you would have been in jail if it were to be in a saner clime. Have you heard of some in UK or Canada stockpiling other countries currency? 39 Likes 4 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by 1x2x3: 2:09pm On Nov 04, 2023 |
Hoelujohn: Even those that are to put him in prison would prefer dollars. Your politicians prefer dollars just like the president. 31 Likes 4 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Againstallodds: 2:11pm On Nov 04, 2023 |
I'm just laughing at these fools,I'm keeping my dollar and will keep buying dollar with any new income that I want to save. 18 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by 1x2x3: 2:11pm On Nov 04, 2023 |
SadiqBabaSani: The politicians themselves are buying more dollars to stash away. 5 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by NSNO(m): 3:13pm On Nov 04, 2023 |
I think that this dip is temporary but in the long term, naira will appreciate. Nigeria's main import is petroleum products and you all know about the multiple refineries coming on stream next year. That's before we start talking about CNG, so the naira will appreciate long term. And you people are also forgetting that Nigeria's export has been increasing steadily. 5 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Hedonisco: 3:19pm On Nov 04, 2023 |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Hedonisco: 3:20pm On Nov 04, 2023 |
Are you listening to the Tinubu brigade of idiots? Naira is strengthening my foot. I'm sure very soon the useless president and his greedy team would conceive the 'bright' idea of raiding people's dom accounts and forcing their hopeless Naira on you at the government's rate. But some of us will continue to outsmart them. 6 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Zxcvbnmghtr: 3:22pm On Nov 04, 2023 |
SadiqBabaSani: BAD BELLE. You are not happy with the current positive development. 5 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by AllDModsAreMaad: 3:29pm On Nov 04, 2023 |
It is well |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Okoroawusa: 3:31pm On Nov 04, 2023 |
Buy more dollars nah...why are you telling us? 33 Likes 3 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 3:32pm On Nov 04, 2023 |
Hoelujohn: Other countries have sane leaders, they don't have certificate forgingvdrug barons as president. 1 Like |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 3:33pm On Nov 04, 2023 |
Okoroawusa: We are buying, why are you sad? 1 Like |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 3:34pm On Nov 04, 2023 |
Zxcvbnmghtr: 2herebis the positive? Prices in every market is still appreciating in naira. 1 Like |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by BreconHills(m): 3:35pm On Nov 04, 2023 |
SadiqBabaSani: They are not defending the naira. They are paying off fx forward debt to banks and releasing airline trapped funds. This is creating liquidity. Liquidity addresses hoarding and speculation. It does not address real demand. But here you are asking people to speculate not even import. You are asking people to make money without the creation of jobs or value. People like you are the problem and you will lose money until you realize that there is a good reason why the best gamblers leave the table while they are ahead. The government is simply creating house rules that define the probability of making money on the lifestyle you are advocating. 3 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by bhella10: 3:35pm On Nov 04, 2023 |
By January speculators would be declaring bankruptcy. Dey play 4 Likes |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 3:37pm On Nov 04, 2023 |
BreconHills: Where did they get the money to provide liquidity? As long as I can't get dollars from every Nigerian banks across the counter, what you are doing now is just speculation by the CBN. But we encourage them, we will be hopping in and out. 3 Likes 3 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 3:39pm On Nov 04, 2023 |
bhella10: Don't mind them, all the northerners hoarding dollars in their BDC will be by the roadsides begging for food 3 Likes 2 Shares |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Kaiser20: 3:47pm On Nov 04, 2023 |
Hoelujohn:The people to be in life jail today are Buhari and those APC enemies of Nigeria who looted the country's treasury 7 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by nabiz(m): 3:54pm On Nov 04, 2023 |
Hoelujohn:this one still the carry Nigeria matter for head. Even Nigeria past and present leaders are not patriotic. They are only there to still as much as they can before the country will collapse. There are many thing your leader are not telling the masses. If you look at how Nigeria leader governs this country you will know that something is fishy. The only patriotic Nigerian are the poors. The earlier you hustle and plan for your generation the better for you 4 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by BreconHills(m): 4:08pm On Nov 04, 2023 |
successmatters: I get my dollars over the counter. I don't know which bank you use. Can dollar speculators even hold out? Monday promises to be worse. Even If I borrow concessionary funds to pay off short term debts ( unlike borrowing to build infrastructure ) I relieve pressure on my reserve calls and thereby punish speculation and hoarding. I also strengthen my short term reserves by removing short term or unpaid calls. There are at least three sovereign wealth funds coming with funds with the concessionary $10 bn by Dec- Jan. The market is pricing in all available information in same way as it led a run on the naira based on JP Morgan expose. Where you are all making the error is thinking thst the game is meeting import demand. No. The game is punishing speculation and creating a casino table effect - the longer you stay at the table, the lower your chances of beating the house. Result is liquidity. 7 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 4:41pm On Nov 04, 2023 |
BreconHills: You get your dollars over the counter at which rate? 1 Like |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Honlucas: 4:42pm On Nov 04, 2023 |
BreconHills: Bro pls which bank?. And what's the rate there? Also pls how fast is form A?... Thank you 3 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 4:46pm On Nov 04, 2023 |
Honlucas: Let's see if the bros will reply 4 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by Treadway: 4:49pm On Nov 04, 2023 |
1x2x3:abi ooo Remember Ganduje video and how many years ago that was...to tell you that even as far back as then their leaders gangan don leave naira in the shitter teytey...lol 3 Likes 1 Share |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by APCNig: 4:49pm On Nov 04, 2023 |
SadiqBabaSani: Goatluck Jonaddaft nko? Does he deserve to be walking free? |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by BreconHills(m): 4:52pm On Nov 04, 2023 |
Honlucas: GT bank is still paying USD over the counter - at least my branch. Just insist on NOT receiving small denominations Rate? Why? You can do whatever you want with your dollars. I have been lucky with form A - 2 weeks but i hear not everyone is. |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by BreconHills(m): 4:53pm On Nov 04, 2023 |
successmatters: Ok so it's earned USD. Not buying |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by BreconHills(m): 4:54pm On Nov 04, 2023 |
Honlucas: Sorry let me add. Its earned USD not purchases. |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by successmatters(m): 4:54pm On Nov 04, 2023 |
BreconHills: Please help me explain that? Thanks. Is it like USD that comes into your account from earnings, or inflows from the business you do? |
Re: Buy More Dollars Gentlemen, Tinubu's Men are not telling us the truth by PointB: 5:00pm On Nov 04, 2023 |
If Naira is not strenghening because of production (exports) or cut in imports, then it's Phyrric victory. One to watch. |
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