ammyluv2002:
Seriously, dat man don reach to summon

e
Why say that, its not his fault, what dyu expect him to do?
As long as we keep importing things we dont need and keep depending on oil for funds the naira will depreciate.

There has to be an increase in our balance of trade, we need to export dollar earning items not just crude oil, herein lies the source of our problems.

The senators are part of the problem, importing rubbish into the country going on medical tourism and the like, if they invested their stolen funds in the country the naira will appreciate.

The national automotive country is a joke cos we re still importing components instead of producing them locally.

how are you going to protect naira when you don't have light no made in nigeria products out there no strong manufacturing base,any solution the will come out with will be nothing less than cosmetic approach,with out strong government investment in some parts of south east and south west in terms of manufacturing and then gradually moved to other area as it pick steam we will just be wasting our time.but you know the problem of this country range from too illiterate leader's to illiterate law maker's that doesn't now anything about anything to followers that are too tribalistic and stupid at the same time doing the right investment at the rung place and the have a name for it "federal character " in twenty first century!

and for does of you thinking that we can export agricultural products you people have no idea how things happen in international affairs oyibo will keep telling you that your products are substandard,the will simply use rule and regulations and bar you from there market,trust our leaders that see oyibo like there god what ever documents the bring to them the will sign it so the are free to dump there products in our country there by creating market to their farmers

Editor1:
Same old pratice. All talk, no action.


The worse is dat 80% of dem in dat chamber have no drop of knowledge on Economic policies. Just depending on hearsay...waiting for next quarter constituency allowance.


Pen and Paper Legislation!!!

That is not true , APC's "change" has reconfigured NASS.

Editor1:



http://thenationonlineng.net/senate-summons-cbn-governor-over-naira-depreciation/

so they can now finally think of diversifying the economy...no make ona no start to wear ona thinking caps...keep waiting lazily for the oil proceeds from the niger delta...nonsense olodo them...

Editor1:
Same old pratice. All talk, no action.


The worse is dat 80% of dem in dat chamber have no drop of knowledge on Economic policies. Just depending on hearsay...waiting for next quarter constituency allowance.


Pen and Paper Legislation!!!

my point exactly...reason why they need clear explanations for the current depreciation of the naira and its future effect...olodo them...

funny, NASS. they would have rather questioned BUHARI for failing to equate the naira to a dolla

jwils:
The senate must have read Barcanista's trend... .. .. ... Good move

Tread?

danpaul1:

Tread?

THREAD!

a country that only knows how to consume and consume and then borrow to consume more..is wondering why their currency is losing value? what kind of jokers are these?

Editor1:
Same old pratice. All talk, no action.


The worse is dat 80% of dem in dat chamber have no drop of knowledge on Economic policies. Just depending on hearsay...waiting for next quarter constituency allowance.


Pen and Paper Legislation!!!

everybody is getting a crash course in economics in naija o. when it comes to money everybody is an expert in what works and what doesn't

sammyj:
After the in fighting you guys now just release the bad state of the economy which has also ruined the economy. However, how can we diversify to Agriculture when foreign countries are busy banning our substandard agricultural products. God help Nigeria !!!

not only about income but also outgo. if we stop importing meat fish palm oil soap milk chocolate sugar rice and wheat it will have same effect

[size=15pt]The Daura dulllard or the janjaweeed senate should tie the CBN governor and just shoot him!

Why must he allow oil to sell below $50 dollars and even allow Naira to depreciate against the dollar? He must be shot immediately!
[/size]

[size=15pt]Watch the video from 4:20 and see what illiteracy of how the global economy operates has done to African leaders.[/size]


https://www.youtube.com/watch?v=NDSgUQ6E7pA