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Dollar Is Now 200.02 To One Naira, Bank Level. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Dollar Is Now 200.02 To One Naira, Bank Level. (2348 Views)

Caption This Photo Of Nnamdi Kanu When He Saw One Dollar Is Now 402 Naira / When Buhari Said He Will Make One Naira One Dollar (photo) / Buhari Never Promised To Make One Naira Equal To A Dollar (2) (3) (4)

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Dollar Is Now 200.02 To One Naira, Bank Level. by BashMe1(m): 12:53pm On Feb 10, 2015
Dollar now trade at 200.02 as we speak bankwide. I wonder what BDC guys would be selling theirs in 3 days time.

Which Way Nigeria?
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by babs01(m): 12:54pm On Feb 10, 2015
no source
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Nobody: 12:56pm On Feb 10, 2015
BashMe1:
Dollar now trade at 200.02 as we speak bankwide. I wonder what BDC guys would be selling theirs in 3 days time.

Which Way Nigeria?

Imagine that I did forward last week for 193/USD.

I got a quote few minutes ago for 200.25/USD. It's simply depressing for many business people now.

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by cust0mized13: 1:34pm On Feb 10, 2015
Jonathan has ruined Nigeria

1 Like

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Nobody: 1:59pm On Feb 10, 2015
Dollar will soon soar to 500Naira if you do not kick out that bastard you call GEJ.

The earlier the better!

3 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by stevecantrell: 2:04pm On Feb 10, 2015
Zoharariel:
Dollar will soon soar to 500Naira if you do not kick out that bastard you call GEJ.

The earlier the better!



GEJ forever, God bless our president !!! cheesy

4 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by mrvitalis(m): 2:09pm On Feb 10, 2015
I blame GEJ for wast our excess crude account with out results .........
.......no man can say i cant blame him .........


for this alone i think we should try another person

3 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by oduastates: 2:19pm On Feb 10, 2015
That is the official rate.
Black market rate is like N250 to a dollar
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Collynzo419: 2:25pm On Feb 10, 2015
Fresh Air from GEJ government

#March4Buhari
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Nobody: 2:28pm On Feb 10, 2015
This is due to the crises in the oil market, it is not Jonathan's fault. Jonathan has never claimed to be able to control international market forces and stabilise oil prices like this man here. cheesy cheesy cheesy

1 Like

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by stevecantrell: 2:32pm On Feb 10, 2015
EUROBOMBER:
This is due to the crises in the oil market, it is not Jonathan's fault.

Yes O !!!

That is why Nigeria is the only OPEC country to devalue their currency.

Let's all go out and vote our dear president in for another 6 years. God bless GEJ !!!

2 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by fyneguy: 2:35pm On Feb 10, 2015
stevecantrell:


Yes O !!!

That is why Nigeria is the only OPEC country to devalue their currency.

Let's all go out and vote our dear president in for another 6 years. God bless GEJ !!!

Wicked sarcasm grin

4 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by BashMe1(m): 3:27pm On Feb 10, 2015
ilugunboy:


Imagine that I did forward last week for 193/USD.

I got a quote few minutes ago for 200.25/USD. It's simply depressing for many business people now.


Very right... even Pounds is doing 308.00 now. a day will come soonest that some very small scale businesses will start closing shops. In a country where electricity issues persist and now Forex when the same country is dependent on Exportation. This Spells Doom.

1 Like

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Nobody: 4:05pm On Feb 10, 2015
BashMe1:


Very right... even Pounds is doing 308.00 now. a day will come soonest that some very small scale businesses will start closing shops. In a country where electricity issues persist and now Forex when the same country is dependent on Exportation. This Spells Doom.

Pound is now 313.....BDC
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by jpphilips(m): 5:19pm On Feb 10, 2015
FELLOW NIGERIANS, IS THIS THE PRESIDENT YOU DESERVE?

May the Judgment of God not befall us and our families if with our votes we deliberately return a Govt of Hunger, corruption and death to the Nigerian people. Kindly distribute through your BBM and Whatsapp contacts, enough is enough!!


December 2014: Nigeria stooped to the lowest of all lows to invite Chad, one of the poorest countries in the world to fight Boko haram.
Since their arrival, the Nigerian army under Jonathan's failed leadership has made unprecedented gains in a short time.


November 2014, Jonathan shocked Nigerians with the news that Boko haram has taken control of 6 towns in 4 LGA’s the height of incompetence in balkanizing the Nigerian state, a week later, Nigerians were blown away by series of austerity measures handed to them for their stupidity in 2011.

The naira was devalued at the pretext of drop in oil prices but Nigerians never asked why the Naira never appreciated when the oil price was increasing?
If the foreign reserve were not stolen, Nigeria would have weathered the storm for at least 6months like we did during the global melt down of 2004 and 2008, unfortunately, the incompetence of the Jonathan administration has brought grave consequence on the Nigerian people, Inflation and high cost of energy are likely consequences.

According to Will Ross of the BBC “He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed.

October 2014; Ladies and Gentlemen, the President of the Federal republic of Nigeria uses a militant Asari Dokubo for black market gun running, evident from the grounding and seizure of over $10m by the South African authorities.
September, 2014, The Nigerian Government admitted ferrying over $10m in a private jet for arms procurement, where do we draw the line between money laundering and arms procurement? I asked myself about the recent helos that was delivered by Russia recently if it was purchased in the same manner, agree with me or not, Jonathan is neck deep not just in corruption but money laundering.

August 2014: As a result of the unabated corruption in the Nigerian Military, Mutiny of July gave rise to Boko haram declaring a caliphate on Nigerian Soil, Gentlemen and Ladies, Jonathan Has once again made a history of Incompetence. Never in the history of Nigeria have we ceded territories to bandits.


July 2014: saw a president who went to sleep while neighboring West African countries battled with the Ebola virus, his negligence paid off when Patrick Sawyer brought the deadly virus to Nigeria unabated. Since August 2012, when the Ebola outbreak began, The Nigerian govt had no single emergency response plan in place.
$11m emergency fund and N480m budgeted for the control of infectious diseases in the 2013 budget never got to the Lagos state government, the Nigerian Ebola Epicenter.
Still in June, we saw the worst abuse of his Royal majesties powers when he barred APC Governors from attending a rally in Ekiti state with soldiers, meanwhile Boko Haram is still having a field day in the North.
The senate revealed to Nigerians how the president Mis appropriated over 685b kerosene subsidy fund


May 2014: [/b]left us with this shocking statement
“Jonathan, who was asked to comment on the allegations of corrupt practices leveled against some of his ministers, had said that nobody was above mistakes and that if he were to be acting based on reports on each of them, “no one will stay for more than six months in office.” [b]Mere stealing we call corruption"

Still in the same month after the corrupt tales of embezzlement and diversion of military budget, the clueless one finally offered Amnesty to a terrorist group, the first of its kind, in the world.
An Indication that the Jonathan’s administration is run by a den of thieves.

April 2014: reminded us the climax of Jonathan’s administration where he went on a jamboree while book haram held over 200 young girls, hostage,
April never ended before the Dizeani madueke’s 10billion naira scam reached a climax.

March 2014: just before the centenary celebration where Abacha of all people was a beneficiary, scores of Innocent school children were murdered in Adamawa sate.

Feb 2014: saw the illegal suspension of the CBN Gov.at a time the nation was in dire need of foreign direct investment, the Kidnap of the president’s foster father is a realistic score card on his strides on security.
January 2014, a presidential committee was set up to investigate the October scandal of stella odua who came with a guilty verdict, yet she kept her job.

December 2013: ushered the yuletide of Obasanjo’s “before it is too late”, several corruption allegations and the extremism of the Jonathan’s administration, the impunity of plundering the people’ s common wealth and the tenacity of talking drums like Abati who have earned a reputation in insulting the sensibilities of Nigerians.10 bullet proof vehicles purchased by DICON for its top brass

November 2013: the CBN Governor raised an alarm that under Jonathan’s watch, the NNPC diverted $49billion dollars, fellow Nigerians, are we not tired of condoning corruption?

October 2013: ushered a month of corruption coronation in Jonathan’s camp, where the Aviation minister coerced the NCAA to purchase 2 fairly used armored 2008 BMW to the tune of $800,000 each.

September 2013: President Jonathan took a record breaking 600 men entourage for the UN General assembly in New york

August 2013: After the billions of dollars spent in revamping the nation’s airports, skytrax world airport ranking for Africa showed Nigeria didn’t make it to top 10 in Africa neither did it make it top 100th place in the world. Whereas Ethiopia and Mauritania made it to position 9th and 8th respectively, what a shame.

July 2013: transparency international rated Nigeria as the 8th most corrupt country in the world.

June 2013: World Bank appraised him thus;

“Nevertheless, improvements in social welfare indicators have been much slower than would be expected in the context of this growth. Poverty reduction and job creation have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Progress toward the fulfillment of many of the Millennium Development Goals has been slow, and the country ranked 153 out of 186 countries in the 2013 United Nations Human Development Index” the World Bank said.



May 2013: The president after wasting tax payer’s money on an entourage as long as the third mainland bridge went sleeping while his foreign affairs minister represented him in his presence during the AU summit in Addis ababa.
Just outside President Goodluck Jonathan's office sat 17 ambulances, just in case he or one of his aides fell ill. They were seldom if ever used.

No actual health-care facility nationwide had as many, and in fact a few still have none at all. But as soon as a Nigerian newspaper took a photo of the ambulances and published a story about them, they suddenly disappeared -- probably to an underground garage.

March, 2013: we witnessed the height of moral bankruptcy when Mr President granted presidential pardon to the biggest criminal in the history of our democracy, Alamesigha to prepare him for a senatorial seat.

February 2013: amidst the short fall in crude prices, the president smuggled into the 2013 budget a 2bn appropriation fund for the office of the first lady

February 2013: the office of the presidency denied vehemently that the first lady was on vacation in Germany only for them to organize a survival party with tax payer’s money. Is this the kind of leader you want to hold to his words?

In January 2013: the erst while madam due process and former minister for education challenged the charlatans of jonathans’ administration to a debate on accountability of $67b as expected, honorable cowards and pen thieves, absconded as usual


November 2012: President Jonathan approved 2.2bn naira for the construction of a banquet hall in the villa. At a time our debt profile was all time high

As commander in chief, he stood dumb while a military helicopter was used for "kabu-kabu" at oronto douglas father’s burial that error in judgment alone claimed the life of a sitting Governor. and the most brilliant NSA Nigeria has ever produced.

October 2012: blatantly refusing to appeal the ICJ’s decision on ceding bakassi, thereby throwing Millions of Bakkasi indigenes into pandemonium

refusing to cut down on foreign trips and cost of Governance, contrary to his Nationwide address of 7th Jan 2012.


October 2012: Mr president’s administration spent 1.5 billion to patch the 3rd mainland bridge, 4 months later, triple of that amount was expended again on maintenance alone, Talk about waste and incompetence

August 2012 : He said our foreign reserve is 42billion usd , is that not only on iweala's notepad?
How can you have external debt of 48bn usd and come home to deceive us that we have reserves?
How much services that 48bn plus interest annually? Nearly 25% of 48bn.


August 2012: Under his watch militants earn 10% of the Nation's revenue, $22.5m, $9m and $12.5m for tompolo, Ateke and Asari as national honors.

He twisted facts during the Independence Day speech on his fight on corruption, in contrast to what the transparency international claimed.
By august 2012, 2012 budget implementation was just 13%

over 5, ooo Nigerian lives gone, Mr president is still trading words and negotiating with boko haram, we remain grateful that a quasi state of emergency came to be, at least I cant imagine an SOE where the State Govs sit tight to control state funds while the FG fight their battle.

July 2012: its 3yrs gone and he is yet to commission from scratch a new power plant worst still fired the only human being in his cabinet who knows his onions in the power sector.

July 2012: Mr President earned a congratulatory message for implementing local content policy by importing 200 luxury brands at the cost of over 13.5 million each for a 4 day first ladies summit. While our manufacturing industries beg for patronage.

June 2012: Almost all teaching hospitals in Nigeria have no functional dialysis machine, the most sought of this equipment cost just 5m naira. Statistics has it that more than 60,000 Nigerians die yearly of a kidney related ailment, however, he jets out with his cohorts to seek medical help elsewhere.

ferma is seriously patching federal highways with a budget of over 80 billion naira, there is no coordination between, the MND, NDDC and Federal ministry of works on road maintenance, same contract is awarded over and over before the job is done.

JUNE 2012: Under his watch, the giant of oil and gas reserves is undergoing its worst energy crisis in the world.

tanker drivers alone can cripple his supply network as they wish not to talk of ordinary Niger republic coming to our rescue via imports.

In case you have not heard, Nigeria is very close to Afghanistan on security progress under Jonathan's watch.

June 2012: Education is in crisis. With adult literacy at 57 per cent, overall illiteracy at 66 per cent and more than 10 million out of the 30 million children of primary school age not in school, no serious government should be comfortable. When 40 million adults in a population of 170 million are illiterate, the country is ranked 161 out of 180 countries in the United Nations Comparative Index of Literacy 2012, and has an unemployment rate of 23.7 per cent,
it’s no longer news that only 26% of school leavers gain admission into the universities and only 5% are employed after school thanks to ASUU’s 6 months strike.

June 2012: Mr president’s economic blind men have blessed us with all time high of 37.5% inflation though his mickey mouse cbn governor is still claiming 28%, wondering what he will be claiming now that all bankers are at home, naira devalued, unemployment on the rise etc He still maintains a single digit inflation on paper, I dey laugh.


Mr president is the only Nigerian president that has not initiated a successful programme even Abacha did better with ptf while IBB with FSP and MAMSA, Mr president is still confused with ''YOU WIN''and SURE-P, with zero benefit to the Nigerian people.
on that same vein, Nigeria has the second record high job cuts within the last 2yrs, if in doubt ask the bankers and manufacturing industries.
before his ascension into power, the naira was in a sorry state of 150 to 1 dollar today, Jonathan has handed us an unstable 182 to 1 dollar

June 2012: The dana crash is a testimony that Mr president’s aviation is comatose, not even the attorney general could challenge the allegations of the dana staff in court, in a national disaster of that magnitude?
The girl could have served as a prime witness in a class action against dana
Less than 6months of inconclusive investigations, DANA air hit the Tarmac again.

Still on military, Nigeria has the most under educated junior military officers, before you ask how, Mr president is too lazy to ask him self why imo with highest national examination enrollments still have the least NDA and police academy enrollments, while borno and zamfara as educationally less privileged, have higher quota than Delta and Anambra put together in military enrollments. Nepotism and corruption at its best
Mr President is the only head of state in the world whose wife is a ministry of its own.



January 2012: Under Mr president’s watch, a 250bilion subsidy programme rose to 2 trillion naira yet no arrest, no conviction, no sack, the best miserable Nigerians could get was an AWOL attorney general after 7days of protests. Height of incompetence and corruption.

Mr President is the only president in the world whose parliament gulps 75% of the national budget as alleged by the CBN Gov. yet they still soak themselves in $625m bribery scandal.
Jonathan has not even initiated let alone fulfilling a single campaign promises except the one that he needs to surround himself with brain dead women in his cabinet.


Nigerians say thank you Sir, for your 6 wasted years of leadership.

VOTE PRESIDENT PROMISE JONATHAN AT YOUR OWN RISK!! AFTER VOTING HIM, DON'T COMPLAIN WHEN YOU VACATE YOUR DUPLEX TO LIVE IN A UNITED NATIONS PROVIDED TENT AS A RESULT OF INSECURITY.

FOR PROMISE JONATHAN'S SUPPORTERS, NAIRA HAS HIT 200-$1, BE INFORMED OF WHAT YOU ARE GETTING INVOLVED IN
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by jpphilips(m): 5:21pm On Feb 10, 2015
EUROBOMBER:
This is due to the crises in the oil market, it is not Jonathan's fault. Jonathan has never claimed to be able to control international market forces and stabilise oil prices like this man here. cheesy cheesy cheesy


Oh! shut up!

1 Like

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by BashMe1(m): 8:28am On Feb 11, 2015
ilugunboy:


Pound is now 313.....BDC
[size=18pt]
Nigeria is crashing down daily... what a world to live in a country that is supposed the giant of Africa. SMH
[/size]
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Xenry: 11:23am On Mar 07
Lol. Dollar go reach 2000 very soon.
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Jakumo(m): 11:35am On Mar 07
Wonderment. Back in 2015 when one US dollar traded for two HUNDRED naira, Nigerian contributors to this forum lamented that then President Goodluck Jonathan had RUINED Nigeria, by allowing the national currency to trade at the alarming rate of 200 naira per US dollar.

What a difference a decade makes, because now less than ten years from the good old days when 200 naira bought one US dollar, the Nigerian naira has plummeted in value to nearly 2 THOUSAND naira as being equivalent to one US dollar, which translates to TENFOLD depreciation of the naira having been recorded in less than ten years.

By comparison, the British pound sterling has traded between $1.20 cents USD and 1.65 cents USD for the past FORTY YEARS and counting. While the exchange rate between the pound sterling and the US dollar has fluctuated within a narrow range of just 40 cents US, the naira has taken a freefall dive down to one-TENTH of its value against the US dollar just nine years ago.

These statistics are sobering to contemplate. Bearing in mind that the naira has NEVER at any time in history APPRECIATED in value against the US dollar or pound sterling, it is sufficient to say that the worst is still yet to come, for Nigeria.

1 Like 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Beautifulday: 11:52am On Mar 07
jpphilips:
FELLOW NIGERIANS, IS THIS THE PRESIDENT YOU DESERVE?

May the Judgment of God not befall us and our families if with our votes we deliberately return a Govt of Hunger, corruption and death to the Nigerian people. Kindly distribute through your BBM and Whatsapp contacts, enough is enough!!


December 2014: Nigeria stooped to the lowest of all lows to invite Chad, one of the poorest countries in the world to fight Boko haram.
Since their arrival, the Nigerian army under Jonathan's failed leadership has made unprecedented gains in a short time.


November 2014, Jonathan shocked Nigerians with the news that Boko haram has taken control of 6 towns in 4 LGA’s the height of incompetence in balkanizing the Nigerian state, a week later, Nigerians were blown away by series of austerity measures handed to them for their stupidity in 2011.

The naira was devalued at the pretext of drop in oil prices but Nigerians never asked why the Naira never appreciated when the oil price was increasing?
If the foreign reserve were not stolen, Nigeria would have weathered the storm for at least 6months like we did during the global melt down of 2004 and 2008, unfortunately, the incompetence of the Jonathan administration has brought grave consequence on the Nigerian people, Inflation and high cost of energy are likely consequences.

According to Will Ross of the BBC “He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed.

October 2014; Ladies and Gentlemen, the President of the Federal republic of Nigeria uses a militant Asari Dokubo for black market gun running, evident from the grounding and seizure of over $10m by the South African authorities.
September, 2014, The Nigerian Government admitted ferrying over $10m in a private jet for arms procurement, where do we draw the line between money laundering and arms procurement? I asked myself about the recent helos that was delivered by Russia recently if it was purchased in the same manner, agree with me or not, Jonathan is neck deep not just in corruption but money laundering.

August 2014: As a result of the unabated corruption in the Nigerian Military, Mutiny of July gave rise to Boko haram declaring a caliphate on Nigerian Soil, Gentlemen and Ladies, Jonathan Has once again made a history of Incompetence. Never in the history of Nigeria have we ceded territories to bandits.


July 2014: saw a president who went to sleep while neighboring West African countries battled with the Ebola virus, his negligence paid off when Patrick Sawyer brought the deadly virus to Nigeria unabated. Since August 2012, when the Ebola outbreak began, The Nigerian govt had no single emergency response plan in place.
$11m emergency fund and N480m budgeted for the control of infectious diseases in the 2013 budget never got to the Lagos state government, the Nigerian Ebola Epicenter.
Still in June, we saw the worst abuse of his Royal majesties powers when he barred APC Governors from attending a rally in Ekiti state with soldiers, meanwhile Boko Haram is still having a field day in the North.
The senate revealed to Nigerians how the president Mis appropriated over 685b kerosene subsidy fund


May 2014: [/b]left us with this shocking statement
“Jonathan, who was asked to comment on the allegations of corrupt practices leveled against some of his ministers, had said that nobody was above mistakes and that if he were to be acting based on reports on each of them, “no one will stay for more than six months in office.” [b]Mere stealing we call corruption"

Still in the same month after the corrupt tales of embezzlement and diversion of military budget, the clueless one finally offered Amnesty to a terrorist group, the first of its kind, in the world.
An Indication that the Jonathan’s administration is run by a den of thieves.

April 2014: reminded us the climax of Jonathan’s administration where he went on a jamboree while book haram held over 200 young girls, hostage,
April never ended before the Dizeani madueke’s 10billion naira scam reached a climax.

March 2014: just before the centenary celebration where Abacha of all people was a beneficiary, scores of Innocent school children were murdered in Adamawa sate.

Feb 2014: saw the illegal suspension of the CBN Gov.at a time the nation was in dire need of foreign direct investment, the Kidnap of the president’s foster father is a realistic score card on his strides on security.
January 2014, a presidential committee was set up to investigate the October scandal of stella odua who came with a guilty verdict, yet she kept her job.

December 2013: ushered the yuletide of Obasanjo’s “before it is too late”, several corruption allegations and the extremism of the Jonathan’s administration, the impunity of plundering the people’ s common wealth and the tenacity of talking drums like Abati who have earned a reputation in insulting the sensibilities of Nigerians.10 bullet proof vehicles purchased by DICON for its top brass

November 2013: the CBN Governor raised an alarm that under Jonathan’s watch, the NNPC diverted $49billion dollars, fellow Nigerians, are we not tired of condoning corruption?

October 2013: ushered a month of corruption coronation in Jonathan’s camp, where the Aviation minister coerced the NCAA to purchase 2 fairly used armored 2008 BMW to the tune of $800,000 each.

September 2013: President Jonathan took a record breaking 600 men entourage for the UN General assembly in New york

August 2013: After the billions of dollars spent in revamping the nation’s airports, skytrax world airport ranking for Africa showed Nigeria didn’t make it to top 10 in Africa neither did it make it top 100th place in the world. Whereas Ethiopia and Mauritania made it to position 9th and 8th respectively, what a shame.

July 2013: transparency international rated Nigeria as the 8th most corrupt country in the world.

June 2013: World Bank appraised him thus;

“Nevertheless, improvements in social welfare indicators have been much slower than would be expected in the context of this growth. Poverty reduction and job creation have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Progress toward the fulfillment of many of the Millennium Development Goals has been slow, and the country ranked 153 out of 186 countries in the 2013 United Nations Human Development Index” the World Bank said.



May 2013: The president after wasting tax payer’s money on an entourage as long as the third mainland bridge went sleeping while his foreign affairs minister represented him in his presence during the AU summit in Addis ababa.
Just outside President Goodluck Jonathan's office sat 17 ambulances, just in case he or one of his aides fell ill. They were seldom if ever used.

No actual health-care facility nationwide had as many, and in fact a few still have none at all. But as soon as a Nigerian newspaper took a photo of the ambulances and published a story about them, they suddenly disappeared -- probably to an underground garage.

March, 2013: we witnessed the height of moral bankruptcy when Mr President granted presidential pardon to the biggest criminal in the history of our democracy, Alamesigha to prepare him for a senatorial seat.

February 2013: amidst the short fall in crude prices, the president smuggled into the 2013 budget a 2bn appropriation fund for the office of the first lady

February 2013: the office of the presidency denied vehemently that the first lady was on vacation in Germany only for them to organize a survival party with tax payer’s money. Is this the kind of leader you want to hold to his words?

In January 2013: the erst while madam due process and former minister for education challenged the charlatans of jonathans’ administration to a debate on accountability of $67b as expected, honorable cowards and pen thieves, absconded as usual


November 2012: President Jonathan approved 2.2bn naira for the construction of a banquet hall in the villa. At a time our debt profile was all time high

As commander in chief, he stood dumb while a military helicopter was used for "kabu-kabu" at oronto douglas father’s burial that error in judgment alone claimed the life of a sitting Governor. and the most brilliant NSA Nigeria has ever produced.

October 2012: blatantly refusing to appeal the ICJ’s decision on ceding bakassi, thereby throwing Millions of Bakkasi indigenes into pandemonium

refusing to cut down on foreign trips and cost of Governance, contrary to his Nationwide address of 7th Jan 2012.


October 2012: Mr president’s administration spent 1.5 billion to patch the 3rd mainland bridge, 4 months later, triple of that amount was expended again on maintenance alone, Talk about waste and incompetence

August 2012 : He said our foreign reserve is 42billion usd , is that not only on iweala's notepad?
How can you have external debt of 48bn usd and come home to deceive us that we have reserves?
How much services that 48bn plus interest annually? Nearly 25% of 48bn.


August 2012: Under his watch militants earn 10% of the Nation's revenue, $22.5m, $9m and $12.5m for tompolo, Ateke and Asari as national honors.

He twisted facts during the Independence Day speech on his fight on corruption, in contrast to what the transparency international claimed.
By august 2012, 2012 budget implementation was just 13%

over 5, ooo Nigerian lives gone, Mr president is still trading words and negotiating with boko haram, we remain grateful that a quasi state of emergency came to be, at least I cant imagine an SOE where the State Govs sit tight to control state funds while the FG fight their battle.

July 2012: its 3yrs gone and he is yet to commission from scratch a new power plant worst still fired the only human being in his cabinet who knows his onions in the power sector.

July 2012: Mr President earned a congratulatory message for implementing local content policy by importing 200 luxury brands at the cost of over 13.5 million each for a 4 day first ladies summit. While our manufacturing industries beg for patronage.

June 2012: Almost all teaching hospitals in Nigeria have no functional dialysis machine, the most sought of this equipment cost just 5m naira. Statistics has it that more than 60,000 Nigerians die yearly of a kidney related ailment, however, he jets out with his cohorts to seek medical help elsewhere.

ferma is seriously patching federal highways with a budget of over 80 billion naira, there is no coordination between, the MND, NDDC and Federal ministry of works on road maintenance, same contract is awarded over and over before the job is done.

JUNE 2012: Under his watch, the giant of oil and gas reserves is undergoing its worst energy crisis in the world.

tanker drivers alone can cripple his supply network as they wish not to talk of ordinary Niger republic coming to our rescue via imports.

In case you have not heard, Nigeria is very close to Afghanistan on security progress under Jonathan's watch.

June 2012: Education is in crisis. With adult literacy at 57 per cent, overall illiteracy at 66 per cent and more than 10 million out of the 30 million children of primary school age not in school, no serious government should be comfortable. When 40 million adults in a population of 170 million are illiterate, the country is ranked 161 out of 180 countries in the United Nations Comparative Index of Literacy 2012, and has an unemployment rate of 23.7 per cent,
it’s no longer news that only 26% of school leavers gain admission into the universities and only 5% are employed after school thanks to ASUU’s 6 months strike.

June 2012: Mr president’s economic blind men have blessed us with all time high of 37.5% inflation though his mickey mouse cbn governor is still claiming 28%, wondering what he will be claiming now that all bankers are at home, naira devalued, unemployment on the rise etc He still maintains a single digit inflation on paper, I dey laugh.


Mr president is the only Nigerian president that has not initiated a successful programme even Abacha did better with ptf while IBB with FSP and MAMSA, Mr president is still confused with ''YOU WIN''and SURE-P, with zero benefit to the Nigerian people.
on that same vein, Nigeria has the second record high job cuts within the last 2yrs, if in doubt ask the bankers and manufacturing industries.
before his ascension into power, the naira was in a sorry state of 150 to 1 dollar today, Jonathan has handed us an unstable 182 to 1 dollar

June 2012: The dana crash is a testimony that Mr president’s aviation is comatose, not even the attorney general could challenge the allegations of the dana staff in court, in a national disaster of that magnitude?
The girl could have served as a prime witness in a class action against dana
Less than 6months of inconclusive investigations, DANA air hit the Tarmac again.

Still on military, Nigeria has the most under educated junior military officers, before you ask how, Mr president is too lazy to ask him self why imo with highest national examination enrollments still have the least NDA and police academy enrollments, while borno and zamfara as educationally less privileged, have higher quota than Delta and Anambra put together in military enrollments. Nepotism and corruption at its best
Mr President is the only head of state in the world whose wife is a ministry of its own.



January 2012: Under Mr president’s watch, a 250bilion subsidy programme rose to 2 trillion naira yet no arrest, no conviction, no sack, the best miserable Nigerians could get was an AWOL attorney general after 7days of protests. Height of incompetence and corruption.

Mr President is the only president in the world whose parliament gulps 75% of the national budget as alleged by the CBN Gov. yet they still soak themselves in $625m bribery scandal.
Jonathan has not even initiated let alone fulfilling a single campaign promises except the one that he needs to surround himself with brain dead women in his cabinet.


Nigerians say thank you Sir, for your 6 wasted years of leadership.

VOTE PRESIDENT PROMISE JONATHAN AT YOUR OWN RISK!! AFTER VOTING HIM, DON'T COMPLAIN WHEN YOU VACATE YOUR DUPLEX TO LIVE IN A UNITED NATIONS PROVIDED TENT AS A RESULT OF INSECURITY.

FOR PROMISE JONATHAN'S SUPPORTERS, NAIRA HAS HIT 200-$1, BE INFORMED OF WHAT YOU ARE GETTING INVOLVED IN


Bros how fr? How market?

3 Likes 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by gidgiddy: 11:57am On Mar 07
Jakumo:
Wonderment. Back in 2015 when one US dollar traded for two HUNDRED naira, Nigerian contributors to this forum lamented that then President Goodluck Jonathan had RUINED Nigeria, by allowing the national currency to trade at the alarming rate of 200 naira per US dollar.

What a difference a decade makes, because now less than ten years from the good old days when 200 naira bought one US dollar, the Nigerian naira has plummeted in value to nearly 2 THOUSAND naira as being equivalent to one US dollar, which translates to TENFOLD depreciation of the naira having been recorded in less than ten years.

By comparison, the British pound sterling has traded between $1.20 cents USD and 1.65 cents USD for the past FORTY YEARS and counting. While the exchange rate between the pound sterling and the US dollar has fluctuated within a narrow range of just 40 cents US, the naira has taken a freefall dive down to one-TENTH of its value against the US dollar just nine years ago.

These statistics are sobering to contemplate. Bearing in mind that the naira has NEVER at any time in history APPRECIATED in value against the US dollar or pound sterling, it is sufficient to say that the worst is still yet to come, for Nigeria.

2015 - Dollar is now N200 to $1? Jonathans head must roll for this!!

2024 - Dollar now almost N2,000 to $1? Give Tinubu a chance!!

Such is life

8 Likes 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by 9jalyte: 12:15pm On Mar 07
gidgiddy:


2015 - Dollar is now N200 to $1? Jonathans head must roll for this!!

2024 - Dollar now almost N2,000 to $1? Give Tinubu a chance!!

Such is life



Those who destryed the past cannot build the future.

4 Likes 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by AfonjaConehead: 12:17pm On Mar 07
Dollar will soon soar to 500Naira if you do not kick out that bastard you call GEJ.

The earlier the better!
He is now a "nobody"!
🤣🤣🤣🤣🤣🤣🤣🤣
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by AfonjaConehead: 12:21pm On Mar 07
jpphilips:
FELLOW NIGERIANS, IS THIS THE PRESIDENT YOU DESERVE?

May the Judgment of God not befall us and our families if with our votes we deliberately return a Govt of Hunger, corruption and death to the Nigerian people. Kindly distribute through your BBM and Whatsapp contacts, enough is enough!!


December 2014: Nigeria stooped to the lowest of all lows to invite Chad, one of the poorest countries in the world to fight Boko haram.
Since their arrival, the Nigerian army under Jonathan's failed leadership has made unprecedented gains in a short time.


November 2014, Jonathan shocked Nigerians with the news that Boko haram has taken control of 6 towns in 4 LGA’s the height of incompetence in balkanizing the Nigerian state, a week later, Nigerians were blown away by series of austerity measures handed to them for their stupidity in 2011.

The naira was devalued at the pretext of drop in oil prices but Nigerians never asked why the Naira never appreciated when the oil price was increasing?
If the foreign reserve were not stolen, Nigeria would have weathered the storm for at least 6months like we did during the global melt down of 2004 and 2008, unfortunately, the incompetence of the Jonathan administration has brought grave consequence on the Nigerian people, Inflation and high cost of energy are likely consequences.

According to Will Ross of the BBC “He said he hoped a parliamentary investigation would also find out why the country's Excess Crude Account had fallen from $11.5bn to under $2.5bn in a year - arguing that Nigeria's savings are a vital buffer against any drop in the global oil price and without this "rainy day" account, the economy is vulnerable and exposed.

October 2014; Ladies and Gentlemen, the President of the Federal republic of Nigeria uses a militant Asari Dokubo for black market gun running, evident from the grounding and seizure of over $10m by the South African authorities.
September, 2014, The Nigerian Government admitted ferrying over $10m in a private jet for arms procurement, where do we draw the line between money laundering and arms procurement? I asked myself about the recent helos that was delivered by Russia recently if it was purchased in the same manner, agree with me or not, Jonathan is neck deep not just in corruption but money laundering.

August 2014: As a result of the unabated corruption in the Nigerian Military, Mutiny of July gave rise to Boko haram declaring a caliphate on Nigerian Soil, Gentlemen and Ladies, Jonathan Has once again made a history of Incompetence. Never in the history of Nigeria have we ceded territories to bandits.


July 2014: saw a president who went to sleep while neighboring West African countries battled with the Ebola virus, his negligence paid off when Patrick Sawyer brought the deadly virus to Nigeria unabated. Since August 2012, when the Ebola outbreak began, The Nigerian govt had no single emergency response plan in place.
$11m emergency fund and N480m budgeted for the control of infectious diseases in the 2013 budget never got to the Lagos state government, the Nigerian Ebola Epicenter.
Still in June, we saw the worst abuse of his Royal majesties powers when he barred APC Governors from attending a rally in Ekiti state with soldiers, meanwhile Boko Haram is still having a field day in the North.
The senate revealed to Nigerians how the president Mis appropriated over 685b kerosene subsidy fund


May 2014: [/b]left us with this shocking statement
“Jonathan, who was asked to comment on the allegations of corrupt practices leveled against some of his ministers, had said that nobody was above mistakes and that if he were to be acting based on reports on each of them, “no one will stay for more than six months in office.” [b]Mere stealing we call corruption"

Still in the same month after the corrupt tales of embezzlement and diversion of military budget, the clueless one finally offered Amnesty to a terrorist group, the first of its kind, in the world.
An Indication that the Jonathan’s administration is run by a den of thieves.

April 2014: reminded us the climax of Jonathan’s administration where he went on a jamboree while book haram held over 200 young girls, hostage,
April never ended before the Dizeani madueke’s 10billion naira scam reached a climax.

March 2014: just before the centenary celebration where Abacha of all people was a beneficiary, scores of Innocent school children were murdered in Adamawa sate.

Feb 2014: saw the illegal suspension of the CBN Gov.at a time the nation was in dire need of foreign direct investment, the Kidnap of the president’s foster father is a realistic score card on his strides on security.
January 2014, a presidential committee was set up to investigate the October scandal of stella odua who came with a guilty verdict, yet she kept her job.

December 2013: ushered the yuletide of Obasanjo’s “before it is too late”, several corruption allegations and the extremism of the Jonathan’s administration, the impunity of plundering the people’ s common wealth and the tenacity of talking drums like Abati who have earned a reputation in insulting the sensibilities of Nigerians.10 bullet proof vehicles purchased by DICON for its top brass

November 2013: the CBN Governor raised an alarm that under Jonathan’s watch, the NNPC diverted $49billion dollars, fellow Nigerians, are we not tired of condoning corruption?

October 2013: ushered a month of corruption coronation in Jonathan’s camp, where the Aviation minister coerced the NCAA to purchase 2 fairly used armored 2008 BMW to the tune of $800,000 each.

September 2013: President Jonathan took a record breaking 600 men entourage for the UN General assembly in New york

August 2013: After the billions of dollars spent in revamping the nation’s airports, skytrax world airport ranking for Africa showed Nigeria didn’t make it to top 10 in Africa neither did it make it top 100th place in the world. Whereas Ethiopia and Mauritania made it to position 9th and 8th respectively, what a shame.

July 2013: transparency international rated Nigeria as the 8th most corrupt country in the world.

June 2013: World Bank appraised him thus;

“Nevertheless, improvements in social welfare indicators have been much slower than would be expected in the context of this growth. Poverty reduction and job creation have not kept pace with population growth, implying social distress for an increasing number of Nigerians. Progress toward the fulfillment of many of the Millennium Development Goals has been slow, and the country ranked 153 out of 186 countries in the 2013 United Nations Human Development Index” the World Bank said.



May 2013: The president after wasting tax payer’s money on an entourage as long as the third mainland bridge went sleeping while his foreign affairs minister represented him in his presence during the AU summit in Addis ababa.
Just outside President Goodluck Jonathan's office sat 17 ambulances, just in case he or one of his aides fell ill. They were seldom if ever used.

No actual health-care facility nationwide had as many, and in fact a few still have none at all. But as soon as a Nigerian newspaper took a photo of the ambulances and published a story about them, they suddenly disappeared -- probably to an underground garage.

March, 2013: we witnessed the height of moral bankruptcy when Mr President granted presidential pardon to the biggest criminal in the history of our democracy, Alamesigha to prepare him for a senatorial seat.

February 2013: amidst the short fall in crude prices, the president smuggled into the 2013 budget a 2bn appropriation fund for the office of the first lady

February 2013: the office of the presidency denied vehemently that the first lady was on vacation in Germany only for them to organize a survival party with tax payer’s money. Is this the kind of leader you want to hold to his words?

In January 2013: the erst while madam due process and former minister for education challenged the charlatans of jonathans’ administration to a debate on accountability of $67b as expected, honorable cowards and pen thieves, absconded as usual


November 2012: President Jonathan approved 2.2bn naira for the construction of a banquet hall in the villa. At a time our debt profile was all time high

As commander in chief, he stood dumb while a military helicopter was used for "kabu-kabu" at oronto douglas father’s burial that error in judgment alone claimed the life of a sitting Governor. and the most brilliant NSA Nigeria has ever produced.

October 2012: blatantly refusing to appeal the ICJ’s decision on ceding bakassi, thereby throwing Millions of Bakkasi indigenes into pandemonium

refusing to cut down on foreign trips and cost of Governance, contrary to his Nationwide address of 7th Jan 2012.


October 2012: Mr president’s administration spent 1.5 billion to patch the 3rd mainland bridge, 4 months later, triple of that amount was expended again on maintenance alone, Talk about waste and incompetence

August 2012 : He said our foreign reserve is 42billion usd , is that not only on iweala's notepad?
How can you have external debt of 48bn usd and come home to deceive us that we have reserves?
How much services that 48bn plus interest annually? Nearly 25% of 48bn.


August 2012: Under his watch militants earn 10% of the Nation's revenue, $22.5m, $9m and $12.5m for tompolo, Ateke and Asari as national honors.

He twisted facts during the Independence Day speech on his fight on corruption, in contrast to what the transparency international claimed.
By august 2012, 2012 budget implementation was just 13%

over 5, ooo Nigerian lives gone, Mr president is still trading words and negotiating with boko haram, we remain grateful that a quasi state of emergency came to be, at least I cant imagine an SOE where the State Govs sit tight to control state funds while the FG fight their battle.

July 2012: its 3yrs gone and he is yet to commission from scratch a new power plant worst still fired the only human being in his cabinet who knows his onions in the power sector.

July 2012: Mr President earned a congratulatory message for implementing local content policy by importing 200 luxury brands at the cost of over 13.5 million each for a 4 day first ladies summit. While our manufacturing industries beg for patronage.

June 2012: Almost all teaching hospitals in Nigeria have no functional dialysis machine, the most sought of this equipment cost just 5m naira. Statistics has it that more than 60,000 Nigerians die yearly of a kidney related ailment, however, he jets out with his cohorts to seek medical help elsewhere.

ferma is seriously patching federal highways with a budget of over 80 billion naira, there is no coordination between, the MND, NDDC and Federal ministry of works on road maintenance, same contract is awarded over and over before the job is done.

JUNE 2012: Under his watch, the giant of oil and gas reserves is undergoing its worst energy crisis in the world.

tanker drivers alone can cripple his supply network as they wish not to talk of ordinary Niger republic coming to our rescue via imports.

In case you have not heard, Nigeria is very close to Afghanistan on security progress under Jonathan's watch.

June 2012: Education is in crisis. With adult literacy at 57 per cent, overall illiteracy at 66 per cent and more than 10 million out of the 30 million children of primary school age not in school, no serious government should be comfortable. When 40 million adults in a population of 170 million are illiterate, the country is ranked 161 out of 180 countries in the United Nations Comparative Index of Literacy 2012, and has an unemployment rate of 23.7 per cent,
it’s no longer news that only 26% of school leavers gain admission into the universities and only 5% are employed after school thanks to ASUU’s 6 months strike.

June 2012: Mr president’s economic blind men have blessed us with all time high of 37.5% inflation though his mickey mouse cbn governor is still claiming 28%, wondering what he will be claiming now that all bankers are at home, naira devalued, unemployment on the rise etc He still maintains a single digit inflation on paper, I dey laugh.


Mr president is the only Nigerian president that has not initiated a successful programme even Abacha did better with ptf while IBB with FSP and MAMSA, Mr president is still confused with ''YOU WIN''and SURE-P, with zero benefit to the Nigerian people.
on that same vein, Nigeria has the second record high job cuts within the last 2yrs, if in doubt ask the bankers and manufacturing industries.
before his ascension into power, the naira was in a sorry state of 150 to 1 dollar today, Jonathan has handed us an unstable 182 to 1 dollar

June 2012: The dana crash is a testimony that Mr president’s aviation is comatose, not even the attorney general could challenge the allegations of the dana staff in court, in a national disaster of that magnitude?
The girl could have served as a prime witness in a class action against dana
Less than 6months of inconclusive investigations, DANA air hit the Tarmac again.

Still on military, Nigeria has the most under educated junior military officers, before you ask how, Mr president is too lazy to ask him self why imo with highest national examination enrollments still have the least NDA and police academy enrollments, while borno and zamfara as educationally less privileged, have higher quota than Delta and Anambra put together in military enrollments. Nepotism and corruption at its best
Mr President is the only head of state in the world whose wife is a ministry of its own.



January 2012: Under Mr president’s watch, a 250bilion subsidy programme rose to 2 trillion naira yet no arrest, no conviction, no sack, the best miserable Nigerians could get was an AWOL attorney general after 7days of protests. Height of incompetence and corruption.

Mr President is the only president in the world whose parliament gulps 75% of the national budget as alleged by the CBN Gov. yet they still soak themselves in $625m bribery scandal.
Jonathan has not even initiated let alone fulfilling a single campaign promises except the one that he needs to surround himself with brain dead women in his cabinet.


Nigerians say thank you Sir, for your 6 wasted years of leadership.

VOTE PRESIDENT PROMISE JONATHAN AT YOUR OWN RISK!! AFTER VOTING HIM, DON'T COMPLAIN WHEN YOU VACATE YOUR DUPLEX TO LIVE IN A UNITED NATIONS PROVIDED TENT AS A RESULT OF INSECURITY.

FOR PROMISE JONATHAN'S SUPPORTERS, NAIRA HAS HIT 200-$1, BE INFORMED OF WHAT YOU ARE GETTING INVOLVED IN

4 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by BrodaBenad: 12:56pm On Mar 07
Yarimo
Seunmsg
MannagrillBbq

Posterity will not be kind to all APC supporters and promoters


Shame!

The iragbijii fraud they brought devalued naira 251% less than a year

3 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by BrodaBenad: 12:56pm On Mar 07
[quote author=AfonjaConehead post=128821628][/quote] grin no
You're peppering them grin

1 Like 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by DatNiggaDaz: 1:03pm On Mar 07
grin grin grin

2 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Nice2023(m): 1:09pm On Mar 07
Beautifulday:


Bros how fr? How market?


The guy must have committed suicide by now.

Or out of job and disappointed.

1 Like 1 Share

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by Deemas(m): 1:12pm On Mar 07
Dollar will soon soar to 500Naira if you do not kick out that bastard you call GEJ.

The earlier the better!

Now that you kicked Jonathan out, how market dey go? grin
Re: Dollar Is Now 200.02 To One Naira, Bank Level. by OreMI22: 1:41pm On Mar 07
One Dollar was just N200 naira in 2015! Yet, Buhari used tribe and religion to confuse us against GEJ.

Now Tinubu is suffering the effects of the massive looting of the national wealth that was supervised by Buhari. The worst part is that those who did the looting under Buhari are now calling for anti-Tinubu protests!

Imagine he illegally printed more than N30 trillion naira! Yet, we are wondering "WHY" naira lost so much value so quickly!!

Unless Nigeria kills these evil people holding it to ransom, they will eventually kill Nigeria while deceiving us with ethnic and religious politics!

2 Likes

Re: Dollar Is Now 200.02 To One Naira, Bank Level. by BrodaBenad: 1:44pm On Mar 07
OreMI22:
One Dollar was just N200 naira in 2015! Yet, Buhari used tribe and religion to confuse us against GEJ.

Now Tinubu is suffering the effects of the massive looting of the national wealth that was supervised by Buhari. The worst part is that those who did the looting under Buhari are now calling for anti-Tinubu protests!

Imagine he illegally printed more than N30 trillion naira! Yet, we are wondering "WHY" naira lost so much value so quickly!!

Unless Nigeria kills these evil people holding it to ransom, they will eventually kill Nigeria while deceiving us with ethnic and religious politics!

Very sad cry

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