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Nairaland Forum / Nairaland / General / Politics / NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real (596 Views)
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NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by Sasuwa(f): 2:29pm On Nov 22, 2015 |
Many nigerians believe pmb electoral promise are unrealistic but from the steps already taken by the present govt. and the next to follow, i think one dollar equal to one naira is realistic. Below are some of the steps. [1] golden eaglet, u-17 world champions were paid N20k instead of $20k [2] governors move to reduce 18k minimum wages. [3] fuel selling @400 per litre in some places just like $2 per litre in the US. note 400 naira is equal to $2 @ exch. rate of 200 per dolar. [4]TSA to keep away money from the hand of commercial banks. Most of the time how this banks give out loans to SMEs,firms etc and is what littre our market with too much money and increase inflation which at the end of the day reduces the naira value. Now TSA will keep this off our market , and there will be scarcity of money According to the law of economics with scarcity in place prices must rise therefore with scarcity of naira its value most rise. |
Re: NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by INTROVERT(f): 2:31pm On Nov 22, 2015 |
thrash and it's worse than beer parlour economics |
Re: NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by Sasuwa(f): 2:41pm On Nov 22, 2015 |
1 Like |
Re: NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by tunnyl(m): 2:43pm On Nov 22, 2015 |
Nawa for this op |
Re: NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by amtaken(f): 2:50pm On Nov 22, 2015 |
OP you are very right. |
Re: NGN1 To USD1 Is Realistic, See The Steps Taken By Buhari To Make It Real by Ballmer: 6:17pm On Nov 22, 2015 |
Biafra idiots everywhere you look |
(1) (Reply)
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