SirLakes:
Seems the it will favour me and my family crew are now tired of the favour

The shege banza go reach everywhere, e go touch everybody

It is clearly no longer favouring them😂. The camp of the buffoons is quiet cause they've all run out of stories to fine-tune as excuses for the failed government.

Bulaba economics...

It doesn't make sense again o...
At this rate, 1 dollar will soon turn 5,000 naira before 4 years is over.

Election has consequences.
And where are the children of perdition on NL who can defend hell with their two balls??

Common sense is really not common!

Throwback:
Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

Throwback:


Why should exchange rate of the dollar cause a rise in the cost of living inside Nigeria?

That is the problem the government needs to address.

Eliminate importation of the commodities we should never be importing, like our fuels.

Are we importing agricultural products?

as it stands now, you cannot run away from importation. Our economy is currently highly import-dependent. We need practical solutions. The economy is seriously nose-diving.

HajiMT:
The government needs to arrest this situation before it degenerates to a full-blown crisis.

Or you mean citizens need to arrest the government before everything turns to a looming crisis, before people start eating themselves full-time
By the way, kidnapping is people starting to eat innocent others.

Throwback:
Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

Please read up on trade balance and deficit.

Sad news o

SisterAnn:
Throwback, this una mandate na cursed mandate walahi.

Buhari will just be sipping cold-served Kunu with some evil grins on his face, saying, "Asiwaju, on ya mandate, we sha stande."

The man just became a saint

Throwback:
Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

Mumuish comment liked by 5 other dullards

ParagonPrick:
Mumuish comment liked by 5 other dullards

GreatrAnalyst:


Buhari will just be sipping cold-served Kunu with some evil grins on his face, saying, "Asiwaju, on ya mandate, we sha stande."

The man just became a saint

[quo

GreatrAnalyst:


Buhari will just be sipping cold-served Kunu with some evil grins on his face, saying, "Asiwaju, on ya mandate, we sha stande."

The man just became a saint

te a

ParagonPrick:
Mumuish comment liked by 5 other dullards

uthor=Throwback post=128219051]Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.[/quote]


You are a simp. How can you not be concerned in a country where her economy depends largely on import?

It is the fault of Peter Obi and Obidients

Tinubu is a wealthy man, Nigeria is a wealthy nation, and now Tinubu who's a wealthy man is now the president of Nigeria that's a wealthy nation & yet there's no positive change in the country, rather things are getting worse. Thank God say I dun japa leave the country for good

BoldBrainz:


It is clearly no longer favouring them😂. The camp of the buffoons is quiet cause they've all run out of stories to fine-tune as excuses for the failed government.

Wait and see what these same quite people will do in 2027. They will try to kill anyone who tries to stand on the way of their slave masters.

This is the best time to earn in dollars

So much noise about dollar as if dollar is the national currency.

If you have savings, if you know anyone who has savings, please start to move it into dollars. Niara is going to crash big time. Investors and business people have lost confidence

HajiMT:
The government needs to arrest this situation before it degenerates to a full-blown crisis.

Lol... It's already a full blown crisis!

Try and keep up.

Throwback:
Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

really? You wrote this with your clear eyes ?

GBPUSD:
The second most religious nation on earth. They'd rather keep praying than think of a solution.

So unfortunate you can't choose your country before birth.

Life is not fair.

If that option were available, Nigeria and parts of Africa would be desert places.

Deogratiasfx:


Wait and see what these same quite people will do in 2027. They will try to kill anyone who tries to stand on the way of their slave masters.

I'll be safely out of Nigeria by then. One of my regrets today is not leaving when I had the chance and resources to do so in 2018. I cannot keep sharing a country with voluntary slaves.

Karleb:
Plus or minus, by March ending, it should be 2k.

you say march? It will get to 2k before February ends if nothing is done about it.

GanagiBitrus:
Which Way Nigeria!

Some people who saw
Everything wrong with $1=₦216,
Same people now see
Nothing wrong with $1=₦1,500.

216 to 1500... In less than 10 years!

In ancient Japan, Tinubu, Buhari, and every member of APC would have been compelled by law to commit Seppuku (Ritual Suicide)!

sirpharrell:
It is obvious that the recent steep decline in the value of the naira is not due to any proven economic factor.
It is artificial, mainly due to speculations by Nigerians.
I think the government should not intervene but ensure that there is little or no room for arbitrage as they seem to be doing lately.
Let the naira even fall down to 10,000 to the dollar if that is what the currency speculators want.
The market will naturally get to a bursting limit, like all ponzi schemes are bound to, where late entrants will lose heavily.
There is no difference between ponzi and what they are doing now.

What you postulating is easy in theory but very stupid and unwise in practice.
Adam Smith said and I quote "In the long run we are all dead" .
Trust me before dollar even get to 5000, there will be widespread chaos in the society. You think you have seen kidnapping just wait for what is coming.
Nigerians will start eating themselves, I don't pray so though.
The government should better intervene and not listen to this your dangerous advice.

ObalendeCMS:
Truth be told!

Most nigerians don't have business with the dollar.

This is some form of distraction from the disobedient nigerians.

But when government wants to pay or remove subsidy they quote exchange rate abi. Continue

TINUBU MUST GO

Throwback:
Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

bros i tire o.
is dollar our national currency?
why all this noise about $

Boondocxs:

Are you not ashamed of your self
Minimum wage is 33k is that amount enough to feed for a month talk more of savings and investment
How long will you keep lying to yourself

I bin no get power to answer the shameless being. A country that imports almost everything.

JasonScoolari:
Fergie001, hope you're learning some lessons?

Ten Hag tenure come better pass Tinubu. 😂

Guy, na the same thing abeg.

Balablu bulaba Coach!

Angelfrost:


Guy, na the same thing abeg.

Balablu bulaba Coach!

And Fergie001 still dey support that yeye club.

Tinubu o! Tinubu, Tinubu.