StOla:

I'm not surprised that you always find your voice on such threads. No exams today? You've craftily avoided threads that discuss how Dollars have been moved out of CBN in suit cases only to end up in the hands of PDP supporters.
Don't worry about dividends of democracy now, let us undo the damage done by PDP, then we can proceed towards the promised land.
We know that oil is the basis of our economy and the Naira to Dollar rate fell from N160 to N220+ in the regime of your hero.
As long as Brent continue to sell below $50/barrel, don't expect any magic that will restore it to N160 to a Dollar as was obtainable when Brent was selling above $100/barrel.
In due time, you will be put to shame.

BuddhaPalm:


I am no economist, but remember imports...

StOla:


I'm not surprised that you always find your voice on such threads. No exams today? You've craftily avoided threads that discuss how Dollars have been moved out of CBN in suit cases only to end up in the hands of PDP supporters.

Don't worry about dividends of democracy now, let us undo the damage done by PDP, then we can proceed towards the promised land.

We know that oil is the basis of our economy and the Naira to Dollar rate fell from N160 to N220+ in the regime of your hero.

As long as Brent continue to sell below $50/barrel, don't expect any magic that will restore it to N160 to a Dollar as was obtainable when Brent was selling above $100/barrel.

In due time, you will be put to shame.

Dude, must you always sound like a broken record each time you quote me?

What part of "I was writing exams AT the time" and "I have already made my position on Dasuki, Dokpesi and GEJ known" do you not comprehend. I for one know you're not daft, so?

So far so good, it is you and your Sai chanters that have been continually shamed by your Idol, Buhari and his hermit policies.
And until he does something right and masses-centric, you and your fellow bandwagoners should hide your heads.

First it was a ban on small gens then lifting the ban or rice imports and then raiding the shops of rice sellers at night, carting away their goods and worse still, valuables.
Second, it was a ban on PRESSID
Third, it was a queue of petrol users begging and having vigils at filling stations in order to get fuel.
Where do I end my wailingnese if I go beyond the above mentioned?

Whenever there's a cleaning going on, it is expected that progress would be made, and no matter how miniscule, the affected parts feel it. Pray tell, what is the word on the streets today? Is there any sector of the populace genuinely applauding Buhari?

You lot keep "cleaning PDP's mess" soon

Go and ask the president of Tanzania what it means to be a real change agent and not a compromiser.

Mess ko; Yaso ni

BuddhaPalm:


Which one be legitimate importer again?

Enlighten us abeg.

4Play:


The government can fix the offical exchange rate by fiat, during the Abacha era the official rate was 22 Naira to the dollar whilst the black market rates hit 85 Naira to the dollar. You may think this does not matter but the bigger the divergence the more difficult it is to access the dollar in the official market and the less likely it is that foreign investors would invest in Nigeria.

The official exchange rate will increasingly become meaningless with time given this divergence.

livefromnaija:


People and pointing accusing fingers. This isn't GEJ tenure so leave the old man alone.

InvertedHammer:

/
A person can be HIV+ for months/years without any visible symptoms. But once it develops into a full blown AIDS, death is inevitable.

Take Jonathan's administration as the incubation period of the virus called corruption. Even though undetected, it was eating away the fabrics of the Nigerian society.

Now Nigeria is suffering the full repercussions of the corruption incubated during Jonathan's administration. You cannot separate today's hardship from the carelessness, wickedness and incompetence of Jonathan just as you cannot separate AIDS from HIV. These things take time to mature. Corruption planted during GEJ's tenure has germinated and you better be ready to taste the bitter fruits when it matures.

$1== N260? Inflation will bite hard by next year. Better tighten your belts. The last cent of my fund in Nigeria has been wired out till things change. I don't trust Nigerian banks one bit in this pending harsh economic climate. Preemptive action is the way to go. Sadly Moneygram is still exchanging at N196.

There you have it.
/

Raiders:
GEJ is responsibility for all our economic problem.

TimeManager:
I WAIL FOR WAILERS! First, Its Clear They Do not Understand What A Stringent Policy Is, "we" Do Understand, We Know That PDP Had Successfully Dollarised The Economy Hence APC Could Not Afford To Dollarise It Any further To The Detriment Of The Economy. I Hope You Know That BDC Are Hoarding Dollars And You Guyz Were Also Alive When BDC Were Busy Carrying Dollars To The Tune Of #350million To Saraki's House.BDC Are Hoarding Dollars For The Politicians To The Detriment Of The Masses. You Guyz Are Blind To See That The Top Politicials And Carpetbargers Are The Major Problems Of Our Time. Wait Till Next Year When The BDC New Capitalisation Policy Takes Full Effect While The CBN Relaxes The Current Policy, And Watch The Naira Becoming Stronger Against The Dollar Via Interchange Of Demand And Supply.Cant Blame You, Too Much Wailing Blurrs The Vision, So Ya'll Are Blind To See. Change Is Here!
No Be Lie Na True!

PEREP:
All we need is an increased economic activities with export as its end product to generate FX thats meets the local needs of Nigerians and the pressure on Naira will vanish. If we remain import dependent economy, it will only go further down.

We had some good alternatives to increase our FX earnings in the banking expansion of 2007-2009 but unfortunately we got a CBN governor with zero urge for business but vigour to over-regulate the whole space which we are still paying for today.

Just imagine if the likes of Akingbola has gotten a warning to ensure all toxic loans are regularized within 12 months or Atuche with the same marching order would have yielded a better result while the brands (PHB/INTERCONTINENTAL) attract FDIs among other benefits.

The country will stabilize with increased spending by govt (6 Trillion for a start is not bad) with an eye on inflation @ the same time.

Nigeria's handlers (from President down) need to understand all factors that are external but very influential to the outcome of every policy and handle them cautiously.

Papertrail11:
if yu wanna make dollar reduce and help the economy cancel that nonsense called bureau the changi simple......

banks are selln for 199 yu guys are selln for 260 una dey crasee..... every normal person who needs dollar ought to go the bank and easily get it but yu guys create some kind of artificial increase nd help fiance money laundering....and stuff.....if normal pple went to bank an bureau the changi is cancelled pple who do not necessarily need it wont rush to buy it......I dont know if sm1 is feeln me here just d way I see it

HzRF:

Here they come again with their theme song


Tell me
What was Buhari thinking when he was making the promises
Tell me 1 thing apc didn't accuse GEJ of

So they don't know what they are getting into?

Leave story that moves the gravity

Bubu has failed QED
After 6 no definite direction/policy

InvertedHammer:

/
Ask any landlord. Some tenants facing eviction will trash an apartment to make the place uninhabitable by the next tenant.
For you goons, you are advocating that the landlord pretend that nothing is amiss and rent out the place, carry on like it is an el Eldorado. No! The place must be fixed first. Buhari must step up the house cleaning.

A programme that contains a lot of errors on compiling must be fully debugged to be fully operational. Only a mor.on will continue coding with multiple errors staring him in the face. Buhari must debug Nigeria first before any reasonable progress will be made.

How much more do I need to educate you on the difference between reality and fantasy?

/

felixchip:


Please, do you have that video? I need it combaaaaaad bad!

HzRF:

Debug Nigeria with the help of those who he claimed destroy it


U think u have seen the height of gullibility cum stupidity login to nairaland and sumone is waiting to prove you wrong

Demmocrats:
I don't think that lady is capable of handling that ministry, we need exceptional smart people with track record of managing world class businesses. Nigerian economy is too big for that lady.

RedCapChief:
Buhari is technically the Minister of Finance. Emefiele and Kemi Adeosun are just mirroring Buhari's body language. They both deserve to be sacked for taking our economy to the dustbin. They are so many competent first-class economists who can lead us through these times but Baba had to settle for a graduate of University of East London - a mid tier institution - who doesn't even have a Masters degree. IMHO she is bigger than the post.

I want to know who is advising Buhari at this point. This is not the first time the naira has fallen but yet our currency is turning to chaff

All he seems to care about is chasing Dasuki and Dokpesi, completely clueless on economics

dOnLarich:
yes bro .. How do you wanna get it..

lasisi69:
H

Samirana360:
In d bible i read dat a day is lik 1000 years....in buhari's administration i discover dat N1000 is lik N1 4 bubu....and dat's y he said he's goin 2 make N1 =$1...what he actually mean is N1000 =$1...very soon he wil achieve dat

felixchip:


I no know whether you fit upload am somewhere for me. Or abeg, send am for me via whatsapp or BBM.

InvertedHammer:

/
A person can be HIV+ for months/years without any visible symptoms. But once it develops into a full blown AIDS, death is inevitable.

Take Jonathan's administration as the incubation period of the virus called corruption. Even though undetected, it was eating away the fabrics of the Nigerian society.

Now Nigeria is suffering the full repercussions of the corruption incubated during Jonathan's administration. You cannot separate today's hardship from the carelessness, wickedness and incompetence of Jonathan just as you cannot separate AIDS from HIV. These things take time to mature. Corruption planted during GEJ's tenure has germinated and you better be ready to taste the bitter fruits when it matures.

$1== N260? Inflation will bite hard by next year. Better tighten your belts. The last cent of my fund in Nigeria has been wired out till things change. I don't trust Nigerian banks one bit in this pending harsh economic climate. Preemptive action is the way to go. Sadly Moneygram is still exchanging at N196.

There you have it.
/

InvertedHammer:

[s]/
Ask any landlord. Some tenants facing eviction will trash an apartment to make the place uninhabitable by the next tenant.
For you goons, you are advocating that the landlord pretend that nothing is amiss and rent out the place, carry on like it is an el Eldorado. No! The place must be fixed first. Buhari must step up the house cleaning.

A programme that contains a lot of errors on compiling must be fully debugged to be fully operational. Only a mor.on will continue coding with multiple errors staring him in the face. Buhari must debug Nigeria first before any reasonable progress will be made.

How much more do I need to educate you on the difference between reality and fantasy?
[/s]
/

Lovelynature:
meaning?Shee you don retire from end time matter?? Guess the H stands for Hendtime abi?

Atmmachine:
I love this.
Ask me why.
When i send $8000 down to Nigeria, i will build like 3 story building.