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Nairaland Forum / Nairaland / General / Business / Naira Falls As Dollar Scarcity Worsens (20140 Views)
Naira Plunges To N472/$ As Forex Scarcity Worsens / Naira Falls Towards N400-$1 As Electioneering Resumes / Unbelievable!!! Naira Falls To N485/$1, N600/£1 (2) (3) (4)
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Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 7:57am On Dec 17, 2016 |
What do u know Tobitrueman: |
Re: Naira Falls As Dollar Scarcity Worsens by LOVEGINO(m): 7:57am On Dec 17, 2016 |
Please what is Naira n Dollar? 1 Like
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Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 7:59am On Dec 17, 2016 |
U r not getting it No one _fucking cares GenBuhari: |
Re: Naira Falls As Dollar Scarcity Worsens by bakenda(m): 8:01am On Dec 17, 2016 |
May God help us. |
Re: Naira Falls As Dollar Scarcity Worsens by emynike2001(m): 8:03am On Dec 17, 2016 |
The LOOTERS are d ones benefiting from the rise of this foreign currency, IMAGINE someone in government stole N100million when when dollar exchange rate was N300 to $1. Today if he or she is caught, he can only smile becos he only needs fewer dollars to exchange in d hands of d bureau d change to get more naira as the exchange rate to a dollar has risen. The same applies to d bureau d change operators out there, they are always readily available to assist our nation's looters. That is why d government are making some moves to clamp down the bureau d change operators as they also assist in making our currency loss more value in a dwindling economy with a non performing GDP. 2017 will tell better. |
Re: Naira Falls As Dollar Scarcity Worsens by oweman: 8:04am On Dec 17, 2016 |
[quote author=bigFOOTcaveMAN post=51991543]But where is sarkki sef? Nriyjet Satali mor Buhari did what is today falling the msirs what bafgles e is the reluctance of those who cause this fall daily go on crying as the don't know how the falls came . Until Nigerians are prepared to give the gangsters that looted the nation the Rawlings treaetment the fall will not stop . |
Re: Naira Falls As Dollar Scarcity Worsens by oweman: 8:05am On Dec 17, 2016 |
[quote author=bigFOOTcaveMAN post=51991543]But where is sarkki sef? Nriyjet Satali mor Buhari did what is today falling the msirs what bafgles e is the reluctance of those who cause this fall daily go on crying as the don't know how the falls came . Until Nigerians are prepared to give the gangsters that looted the nation the Rawlings treaetment the fall will not stop . The rain has just began . |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 8:10am On Dec 17, 2016 |
The dumb nomad n crew just got DUMBER! |
Re: Naira Falls As Dollar Scarcity Worsens by 2shur: 8:12am On Dec 17, 2016 |
my maye wan pay me 3500 today. dats 1.8 m men na avalon tins by monday with double exaust and dvd thank God for G |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 8:18am On Dec 17, 2016 |
Well I care. Because nobody checks you, is not a licence abandon civility and restraint especially in presence of our women. Silkmoth33: |
Re: Naira Falls As Dollar Scarcity Worsens by henryboff(m): 8:21am On Dec 17, 2016 |
This is fake news. This is the work of the lawless opposition. Our president has said that One naira must be equal to one dollar. Any bank or bureau de change that is exchanging dollars at any rate other than that which has been declared by our president is committing economic terrorism and should be shut down immediately! The rate is one naira to one dollar by decree of our president. |
Re: Naira Falls As Dollar Scarcity Worsens by Tobitrueman(m): 8:22am On Dec 17, 2016 |
Silkmoth33:
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Re: Naira Falls As Dollar Scarcity Worsens by Just30: 8:25am On Dec 17, 2016 |
olisaEze:guy it's not popular no one have heard of them and to be ft rank, Ghanaians already earn 30% on their investments with legitimate banks 1 Like |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 8:34am On Dec 17, 2016 |
I have about 6000 pound plus for sale. Interested buyer should contact me |
Re: Naira Falls As Dollar Scarcity Worsens by onatisi(m): 8:50am On Dec 17, 2016 |
Just30:Tell dem oo. All these mmm trash cannot make any news in Ghana . I even saw the site and I just laughed ,30ghc40,ghc help!!! 1 Like |
Re: Naira Falls As Dollar Scarcity Worsens by erico2k2(m): 9:06am On Dec 17, 2016 |
haibe:So who's fault ? If the house rent money done get paid who do you hold responsible the mum or the Dad ? ? |
Re: Naira Falls As Dollar Scarcity Worsens by erico2k2(m): 9:09am On Dec 17, 2016 |
GenBuhari:This rant is giving your self headache this is all banter |
Re: Naira Falls As Dollar Scarcity Worsens by 3rdavefarms(m): 9:14am On Dec 17, 2016 |
Jesu
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Re: Naira Falls As Dollar Scarcity Worsens by chigoizie7(m): 9:16am On Dec 17, 2016 |
Wait till those 41 items initially banned, put their own pressure on dollar by january. Na that time we go see the real scarcity. We de run on deficit now wey dem no fit import freely through the ports and boarders. Just imagine them being free to. |
Re: Naira Falls As Dollar Scarcity Worsens by ivandragon: 9:27am On Dec 17, 2016 |
PMB doesn't just get it... your sociopolitical & economic direction/policies must balance. the pressure on the naira is as a result of flawed sociopolitical actions & policies. no investor/person will feel safe in an environment where the president is fighting on all fronts even when a diplomatic solution is feasible. if PMB can reduce the political tension, 70% of his governance problems will automatically disappear... 1 Like |
Re: Naira Falls As Dollar Scarcity Worsens by DukeDen(m): 9:28am On Dec 17, 2016 |
GenBuhari:you call boko haram terrorist "SMALL"where our soldiers have been Dieing because of this same small people.. PDP and APC are all the same,this politicians are all the same starting from the president to the last politican |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 9:43am On Dec 17, 2016 |
And I suppose it's also ur civic duty to stand outside and listen to our moans as we screw each others brains out GenBuhari: |
Re: Naira Falls As Dollar Scarcity Worsens by Reference(m): 9:46am On Dec 17, 2016 |
ivandragon: Thank you, I spoke of de-escalation long before the present government was elected and warned against new conflicts and the re-kindling of old ones as affecting the economy and stability of government, but we can see the ideologies of the ruling class which places power guised as 'unity' above development and view the country as a conquered territory. It is a pity that we donot reslise how the 'state of the nation' impinges on the prosperity of its citizens. Basically if you cannot love your neighbour as yourself you cannot prosper. 1 Like |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 9:54am On Dec 17, 2016 |
let it hit 600 insha allah in january 2017.. |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 10:02am On Dec 17, 2016 |
LaEvilIMiss:i Agree! i am not complaining for me the higher the better ! |
Re: Naira Falls As Dollar Scarcity Worsens by Reference(m): 10:22am On Dec 17, 2016 |
The quality of government is indirectly proportional to the number and intensity of conflicts of whatever kind. It is one of the basis I personally rate leadership and that is why the Yaradua government and the Jonathan government rate higher in my opinion. When you look at the prosperity index of countries all over the world you can correlate them with peace and progress. Let us look at them side by side: The United States with Mexico. One deals with crime equitably across the political divide, the other murders its criminal citizens while protecting its criminal officials. Singapore with The Philippines. One treats its religious and ethnic diversity equitably, the other excludes its minorities and has been fighting insurgent wars for decades. In Africa, the fastest growing economy is Rwanda, that has dealt with its civil war past and respects its citizens who were once called cockroaches. On the other hand President Assad is winning the war against his own people, crushing them with foreign backed might and brutality. He will win the battle but will lose the war. You donot need a crystal ball to tell you that mass poverty and famine awaits Syria in the decades to come. You donot need a guru to tell you that starvation, not rebellion will put an end to Assad's regime. If you were an investor, whether local or foreign, will you put your money in Syria, no. So political stability by coercion is not a ticket to prosperity but disaster. Rather a negotiated settlement, social justice and the respect for all peoples is the only way to development. The quality of leadership is thus in the ability to settle conflicts and keep your citizens satisfied and happy. That is the yardstick I use to rate leadership and since this democratic dispensation, Jonathan remains 1, Yaradua 2, Obasanjo 3, and Buhari 4. It is no surprise that the historical state of the economy follows this rating. If this government can sort out its numerous political, sectional, religious wars it is fighting and igniting all over the place, it will soon discover that it has more than enough resources to prosper the country irrespective of oil prices. Listening to Nigeria Info this morning, a caller lamented where 'all the money at government's disposal was going'. No subsidy payments, cannot pay salaries properly, is not executing meaningful capital projects, and has barely passed the 30 percent mark in budget execution and yet has borrowed huge amounts (4.5 trillion), has recovered loot and has plugged leakages of all kinds and I said, There are hidden costs that are not budgetted which this government is spending heavily on: Miscellaneous internal conflicts. Obasanjo met a lower oil price and a worse debt portfolio yet we did not see these massive currency devaluations and economic turbulence in the transition from Abdulsalami to his government. This government has just got to focus on the big picture, get a fire extinguisher and stop chasing rats. If it reacts to everything PDP, Ipob, MEND and whatever ae doing in these knee jerk manner, it will break this country and spill the tonic that holds the key to its health and prosperity going forward. It is very disapointing indeed. 2 Likes |
Re: Naira Falls As Dollar Scarcity Worsens by erico2k2(m): 1:02pm On Dec 17, 2016 |
DukeDen:They are small.was that not what PMB called them during. Campaign and you lot where all cheering ! |
Re: Naira Falls As Dollar Scarcity Worsens by Tabbaz(m): 1:19pm On Dec 17, 2016 |
hmmmm |
Re: Naira Falls As Dollar Scarcity Worsens by yemionline(m): 1:56pm On Dec 17, 2016 |
Everything is going to be alright. Maybe not today,but eventually i hope. |
Re: Naira Falls As Dollar Scarcity Worsens by mfujah(m): 2:49pm On Dec 17, 2016 |
victorazy:Buhari.... what is ur point? |
Re: Naira Falls As Dollar Scarcity Worsens by Nobody: 5:34pm On Dec 17, 2016 |
Banter or not be respectful to our females. It doesn't even sound funny, just immature. erico2k2: |
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