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Exchange Rate Under Buhari, The Truth. - Politics - Nairaland

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Exchange Rate Under Buhari, The Truth. by Nobody: 4:26pm On Dec 21, 2014
Datolee, naira was 0.894 to a dollar on 1985 when buhari left office. Why this lies?


Nigerian naira - PM = Parallel Market.
Date Naira per US $ Date Naira per US $
1972 0.658
1973 0.658
1974 0.63
1975 0.616
1976 0.62
1977 0.647
1978 0.606
1979 0.596
1980 0.550 (0.900 PM)
1981 0.61
1982 0.673
1983 0.724
1984 0.765
1985 0.894 (1.70 PM)
1986 2.02 (3.90 PM)
1987 4.02 (5.90 PM)
1988 4.54 (6.70 PM)
1989 7.39 (10.70 PM)
1990 7.39 (10.70 PM


www.tradingeconomics.com/nigeria/currency


Please note that buhari was in office from 31 December 1983 – 27 August 1985

7 Likes 2 Shares

Re: Exchange Rate Under Buhari, The Truth. by MuguliciousMUGU: 4:28pm On Dec 21, 2014
If you like find all the exchange rate of buhari, that is none of our business, our business is that jonathan will win the election and make nigeria a better place Simple!!!!

11 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:31pm On Dec 21, 2014
MuguliciousMUGU:
If you like find all the exchange rate of buhari, that is none of our business, our business is that jonathan will win the election and make nigeria a better place Simple!!!!

You will need to use your brain for you to be relevant on this thread.

21 Likes

Re: Exchange Rate Under Buhari, The Truth. by Mynd44: 4:36pm On Dec 21, 2014
You people are clowning me.

I mean it must be open season on lies

1 Like

Re: Exchange Rate Under Buhari, The Truth. by RockMaxi: 4:36pm On Dec 21, 2014
We have been fed with too much propaganda so much that the truth itself is untrue. embarassed

3 Likes

Re: Exchange Rate Under Buhari, The Truth. by Descartes: 4:37pm On Dec 21, 2014
Following with keen interest wink
Re: Exchange Rate Under Buhari, The Truth. by MuguliciousMUGU: 4:38pm On Dec 21, 2014
Obiagelli:


You will need to use your brain for you to be relevant on this thread.
you are the one that needs to use your brain... 1985 was in the past... This is 2014 ... FUTURE.... We are no more in the past... Do u think buhari can revert it back to 0.894..... Keep dreaming...

GEJ till 2019

12 Likes

Re: Exchange Rate Under Buhari, The Truth. by Firefire(m): 4:39pm On Dec 21, 2014
too late to cry when the head is off... Buhari lies is in the open, Allahu Akbar ...

8 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:40pm On Dec 21, 2014
What give you guyz confidence in. Buhari and dis jonathan self. If I may ask APC and PDD sycophant how much they paid u guyz na

1 Like

Re: Exchange Rate Under Buhari, The Truth. by nduchucks: 4:41pm On Dec 21, 2014
Thanks for exposing these people. They've run out of ideas and no longer able to defend GEJ so they are resorting to lies and innuendos.

6 Likes 1 Share

Re: Exchange Rate Under Buhari, The Truth. by Obascoetubi: 4:43pm On Dec 21, 2014
Obiagelli:
I hope the mods that put that other thread on the front page will do the needful.

barcanista Gbawe, kel4soft, neenar, ,
descartes, egift, arewafederation, Egbagirl, donroxy,
Sweetlemon , donphilopus, BEREM, desola ,
demdem , lakpalakpa , whitecat007 , ,
lakpalakpa, omenka, ShehuAba , omenka , Rawani,
tribaleast kolaaderin soroptimist ,
and all Omexonomy, jmaine, mikeansy, Firefire,
Mynd44, , nduchucks, lacasa, baccaspace, Omerta
sincere9gerian, firefire, Phockphockman, ilugunboy,
naptu2, aussie, keneking, donmarti, keneking,
Dannyset, Evathyst, jaymichael
i beg dont pretending as a woman. i guess u were a man. do u think old poor governent is stronger like that of current govt.? WETHER U LIKE IT OR NOT, GEJ WL WIN WITHOUT UR VOTE FOR HIM.
some ppl think that, buhari is capable of stopping boko haram menace. but they dont even know dat, he is likely as boko haram BOSS.
even if buhari wins& boko haram stopped killing, NIGER DELTER TERRORIST WL ARIISE AGAIN.

4 Likes

Re: Exchange Rate Under Buhari, The Truth. by PhockPhockMan: 4:43pm On Dec 21, 2014
Obiagelli:


You will need to use your brain for you to be relevant on this thread.
Is there no freedom of speech in your dictionary?

5 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:44pm On Dec 21, 2014
Who hid my post? Since when did it become a crime to mention people on nairaland?

barcanista Gbawe, kel4soft, neenar, ,
descartes, egift, arewafederation, Egbagirl, donroxy,
Sweetlemon , donphilopus, BEREM, desola ,
demdem , lakpalakpa , whitecat007 , ,
lakpalakpa, omenka, ShehuAba , omenka , Rawani,
tribaleast kolaaderin soroptimist ,
and all Omexonomy, jmaine, mikeansy, Firefire,
Mynd44, , nduchucks, lacasa, baccaspace, Omerta
sincere9gerian, firefire, Phockphockman, ilugunboy,
naptu2, aussie, keneking, donmarti, keneking,
Dannyset, Evathyst, jaymichael

2 Likes

Re: Exchange Rate Under Buhari, The Truth. by PhockPhockMan: 4:46pm On Dec 21, 2014
MuguliciousMUGU:

you are the one that needs to use your brain... 1985 was in the past... This is 2014 ... FUTURE.... We are no more in the past... Do u think buhari can revert it back to 0.894..... Keep dreaming...

GEJ till 2019
Don't mind them.

3 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:46pm On Dec 21, 2014
nduchucks:
Thanks for exposing these people. They've run out of ideas and no longer able to defend GEJ so they are resorting to lies and innuendos.
so Datolee hasn't seen this thread? Nairaland helping to spread propaganda against Buhari. Smh

5 Likes

Re: Exchange Rate Under Buhari, The Truth. by PhockPhockMan: 4:47pm On Dec 21, 2014
nduchucks:
Thanks for exposing these people. They've run out of ideas and no longer able to defend GEJ so they are resorting to lies and innuendos.
Mtcheeeew.
Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:48pm On Dec 21, 2014
nduchucks:
Thanks for exposing these people. They've run out of ideas and no longer able to defend GEJ so they are resorting to lies and innuendos.
I hope the mods will correct their error rather than hiding my post.

1 Like

Re: Exchange Rate Under Buhari, The Truth. by Bayswater: 4:49pm On Dec 21, 2014
Obiagelli:
Datolee, naira was 0.894 to a dollar on 1985 when buhari left office. Why this lies?


Nigerian naira - PM = Parallel Market.
Date Naira per US $ Date Naira per US $
1972 0.658
1973 0.658
1974 0.63
1975 0.616
1976 0.62
1977 0.647
1978 0.606
1979 0.596
1980 0.550 (0.900 PM)
1981 0.61
1982 0.673
1983 0.724
1984 0.765
1985 0.894 (N1.70k Parallel Market)
1986 2.02 (3.90 PM)
1987 4.02 (5.90 PM)
1988 4.54 (6.70 PM)
1989 7.39 (10.70 PM)
1990 7.39 (10.70 PM


www.tradingeconomics.com/nigeria/currency


Please note that buhari was in office from 31 December 1983 – 27 August 1985



The statistics you put up here portrays even a more damning verdict on Buhari's regime as Military dictator.

Prior to Buhari's ascension as president, there was no pronounced black market (Parallel market) but the moment he became president, black market trade of the dollar did not only witness a boom, it became a constant fixture in the forex market. That shows how bad he was as a president (Fact 1 : Black market sale of the dollar gained prominence in Buhari's time).

A dollar was 72kobo in 1983 when Buhari took power from Shagari by force and by the time he left in 1985, a dollar was sold at N1.70k in the parallel market which represents about 230% jump!! Are you frigging kidding me!!!

(We all know the true price of the dollar is the parallel market price, how many people gets the dollar at the official rate).

Please do your research and analyse the results thoroughly before posting trash here, okay!!

18 Likes 2 Shares

Re: Exchange Rate Under Buhari, The Truth. by PhockPhockMan: 4:52pm On Dec 21, 2014
berem:
so Datolee hasn't seen this thread? Nairaland helping to spread propaganda against Buhari. Smh
Wetin this one dey talk sef?

5 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:52pm On Dec 21, 2014
PhockPhockMan:
Is there no freedom of speech in your dictionary?

Thats why the mods should stop hiding my post. Where is Firefire

1 Like

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:52pm On Dec 21, 2014
Obiagelli:
Datolee, naira was 0.894 to a dollar on 1985 when buhari left office. Why this lies?


Nigerian naira - PM = Parallel Market.
Date Naira per US $ Date Naira per US $
1972 0.658
1973 0.658
1974 0.63
1975 0.616
1976 0.62
1977 0.647
1978 0.606
1979 0.596
1980 0.550 (0.900 PM)
1981 0.61
1982 0.673
1983 0.724
1984 0.765
1985 0.894 (1.70 PM)
1986 2.02 (3.90 PM)
1987 4.02 (5.90 PM)
1988 4.54 (6.70 PM)
1989 7.39 (10.70 PM)
1990 7.39 (10.70 PM


www.tradingeconomics.com/nigeria/currency


Please note that buhari was in office from 31 December 1983 – 27 August 1985




Why was the dollar at the parallel market $1.70 almost twice the official rate $0.894

5 Likes

Re: Exchange Rate Under Buhari, The Truth. by micolaj: 4:53pm On Dec 21, 2014
Obascoetubi:

i beg dont pretending as a woman. i guess u were a man. do u think old poor governent is stronger like that of current govt.? WETHER U LIKE IT OR NOT, GEJ WL WIN WITHOUT UR VOTE FOR HIM.
some ppl think that, buhari is capable of stopping boko haram menace. but they dont even know dat, he is likely as boko haram BOSS.
even if buhari wins& boko haram stopped killing, NIGER DELTER TERRORIST WL ARIISE AGAIN.
Brighter Grammar
Re: Exchange Rate Under Buhari, The Truth. by Firefire(m): 4:53pm On Dec 21, 2014
Obiagelli:


Thats why the mods should stop hiding my post. Where is Firefire

Mummy Present ma tongue

You called me?

2 Likes 1 Share

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:54pm On Dec 21, 2014
Bayswater:



The statistics you put up here portrays even a more damning verdict on Buhari's regime as Military dictator.

Prior to Buhari's ascension as president, there was no pronounced black market (Parallel market) but the moment he became president, black market trade of the dollar did not only witness a boom, it became a constant fixture in the forex market. That shows how bad he was as a president (Fact 1 : Black market sale of the dollar gained prominence in Buhari's time).

A dollar was 72kobo in 1983 when Buhari took power from Shagari by force and by the time he left in 1985, a dollar was sold at N1.70k in the parallel market which represents about 230% jump!! Are you frigging kidding me!!!

(We all know the true price of the dollar is the parallel market price, how many people gets the dollar at the official rate).

Please do your research and analyse the results thoroughly before posting trash here, okay!!
Post your link here to prove your trash.

Buhari also created the parallel market in 1980?

1 Like

Re: Exchange Rate Under Buhari, The Truth. by Firefire(m): 4:55pm On Dec 21, 2014
PhockPhockMan:
Wetin this one dey talk sef?

grin
Re: Exchange Rate Under Buhari, The Truth. by Nobody: 4:56pm On Dec 21, 2014
WhiteTechnology:




Why was the dollar at the parallel market $1.70 almost twice the official rate $0.894

How much is the dollar in the parallel market to official rate today?
Re: Exchange Rate Under Buhari, The Truth. by rozayx5(m): 4:58pm On Dec 21, 2014
Obiagelli:

Post your link here to prove your trash.

Buhari also created the parallel market in 1980?
your link proves him right the average nigerian buys dollar in the blackmarket

2 Likes

Re: Exchange Rate Under Buhari, The Truth. by Firefire(m): 5:00pm On Dec 21, 2014
Obiagelli:


How much is the dollar in the parallel market to official rate today?

GMB (1983-1985)
Official Rate 0.89
Parrellel Mrkt 1.7 90%

GEJ (2014)
Official Rate 168.0
Parrellel Mrkt 185.0 10%

In whatever form, GMB ran a bad economic policy if you ask me. undecided

5 Likes

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 5:00pm On Dec 21, 2014
Obiagelli, I saw the thread on fp and deliberately avoided it. When a lie is being promoted without any attempt by the admin to verify its veracity, it becomes sensible for total avoidance without resorting to arguing with an insane. Well Done

2 Likes 1 Share

Re: Exchange Rate Under Buhari, The Truth. by Nobody: 5:00pm On Dec 21, 2014
rozayx5:

your link proves him right the average nigerian buys dollar in the blackmarket

And 1980?

Today where does the average Nigerian buy dollar?

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