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Plunging Naira - Before You Blame Emefiele Look At Yourself by aspabay(m): 7:45am On Jan 23, 2016 |
It is either I do not understand economics and how exchange rates work or a vast majority of us Nigerians still don’t get how we have wrecked our country with our own curious choices. Just this morning I was listening to the radio and the lady on air went on and on about how she thought CBN governor Godwin Emefiele was incompetent and should be sacked because the naira was now exchanging at 309 or so to the USD. That view pretty much echoes the sentiments expressed by many people I know and it amazes me that there are Nigerians who actually think there is some magic POLICY that can make the naira strong in the near term. If my economics and my understanding of the way the world works are right, then that is as far from the truth as Jesus Christ is black. 2 Likes |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by otokx(m): 7:50am On Jan 23, 2016 |
We have to patronize made in Nigeria goods and services. One reason why I always root for GLO instead of MTN or airtel but alas my MTN calls are 11k, GLO is still charging 15k so forced to remain with MTN. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by xxgig(m): 7:54am On Jan 23, 2016 |
You can't keep importing and expect the naira to rise. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by xxgig(m): 7:55am On Jan 23, 2016 |
otokx: Glo GBam plus, 5naira access 11K to all network. 1 Like |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by aspabay(m): 7:57am On Jan 23, 2016 |
Who holidays in Nigeria anymore, is there Disneyland here? No one buys made-in-Nigeria school bags for their children, after all no Superman or Incredible Hulk or Cinderella on them. We are no longer top exporters of anything and the demise of oil means we have zilch... zero. A country of 170m fashion-conscious people has no textile industry. We take delight in showing how our made-in-Switzerland Aso Ebi is different class to everyone else’s. When we help our musicians grow and pay them millions, they repay us by immediately shipping the monies overseas to produce their “i-don-dey-different-level”music videos. It makes no difference that distinctly Zulu dancers are dancing to a Nigerian highlife song. As stars concerned they also wed and holiday overseas to impress us all. All the musicians who acknowledge their Ajegunle roots now speak in a cocktail of strange accents to symbolise how much they have blown their monies overseas. 1 Like |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by aspabay(m): 8:03am On Jan 23, 2016 |
I could go on and on, but I don tire. Even as you are reading this, stop for a moment and look around you. What you see will probably explain why we are lucky it is not N1000 to the USD yet. And don’t think for a moment that it cannot get there. Just continue to wear your Armani gear and Swiss-made lace, continue to spend your money on Man United, Arsenal, Chelsea and Barca and encourage your children to do same. (My article tomorrow in my Saturday column in This Day is on the Nigerian champions Enyimba FC - Nigeria’s most successful club - not having a sponsor, yet Nigerian brands pay over N600m to Man United and Arsenal for sponsorship to impress us.) Ehhh, no problem, continue to tell me the NPFL is rubbish or the clubs should clean up their act if they want sponsorship, mo gbo. Don’t curtail your interest in choice wines ( we were the number one champagne consumers in the world in 2015), continue to love your American specs, cheer the education ministry for letting schools sink to pitiable levels, don’t fight them to improve our schools, don’t chide them for letting schools drop Nigerian history and embrace British, America and whatever else curricula. Carry on with your love of French wines and Chinese silk, don’t bother about Jamiu Alli when there is Roger Federer. Stock up on your Italian, American, British products which you cannot live without, including the ‘baby soft’ toilet rolls produced only in that small unique village in England - the days are long gone since you were a broke student who used wet newspapers to wipe your butt. Don’t even consider holidaying in Nigeria, it’s too dangerous - you have to fulfill your dream of being Nigeria’s Henry Ford. Don’t listen to people like me who have a wardrobe full of only cheap adire that is actually cheaper than just one of your Tom Ford blazers. Please keep dressing in fine silk made in some exotic place so you can be addressed accordingly. Finally keep letting corrupt leaders who have looted your commonwealth and shipped all the monies overseas get away because to attack them does not fit your political narrative. Let us continue with the fine life, let us all continue to work for Oyibo.written by Kennet Ezaga mobile.facebook.com/notes/kenneth-ezaga/plunging-naira-before-you-blame-emefiele-look-at-yourself/10153889152681667/?refid=52 |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by oluseyiforjesus(m): 8:03am On Jan 23, 2016 |
Ok |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by otokx(m): 8:04am On Jan 23, 2016 |
xxgig: I tried Glo Gbam plus and it did not work for me, MTN does not collect 5 naira daily charge. See what Glo sent to my line yesterday and Today, is that not confusion. FANTASTIC OFFER ! Call all networks @ just 15k/ Sec & Five Family & Friends numbers @ 11 K/ Sec. Daily rental N5. To Grab this fantastic offer dial *100*5*1# BEST CALL RATES EVER ! Get the Special rate of Just 11K/Sec to call ANY NETWORK. N5 will be charged only on the day you use. To subscribe just dial *100*6*1# I still use their data though. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by cosby02(m): 8:14am On Jan 23, 2016 |
Why i hate politics in Nigeria is because of the politicians. APC wants PDP to fail so as to gain power from them all at the expense of Nigerians. It stinks when we shout Bubu and some chant Hero meanwhile, those Bubu and Hero dont even think of us for once. All they want is comfort for themselves and their unborn children. Its time we stand up and make a demand as a nation from this people. APC isn't a country, PDP isn't a nation just political parties, Nigeria is the country and she must always come first. For how long are we gonna be glued to those bunch of Educated illiterates 1 Like |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by xxgig(m): 8:17am On Jan 23, 2016 |
otokx: The *100*6*1# works for me. I get charged N5 only on days that I call. If i stay without calling for 5days, I don't get charged for those days. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by CharleyCharley: 8:19am On Jan 23, 2016 |
Nothing in this zoo works. We might as well go our separate ways |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by otokx(m): 8:21am On Jan 23, 2016 |
CharleyCharley: God Bless Nigeria, my generation will prosper and enjoy the good of this land. 1 Like |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by CharleyCharley: 8:31am On Jan 23, 2016 |
otokx: You didn't have to quote me & air your myopic views. I can't remember quoting you |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by babyfaceafrica: 8:36am On Jan 23, 2016 |
Ok |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by coolscott(m): 9:23am On Jan 23, 2016 |
[quote author=aspabay post=42241153][/quote]I wish I could like more times than one however, the CBN gov cannot be completely taken off the hook on account of the simpleton/confused approach adopted which I believe is not unconnected to the swaying inclinations of the current administration . ############# That being said, the issues put down here are the real/core reasons for the weak naira and have existed well before the inception of the current administration. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by orunto27: 1:34pm On Jan 23, 2016 |
Government should REMOVE Emefiele and replace with a female CHARTERED ACCOUNTANT that has a University degree as CBN Governor. |
Re: Plunging Naira - Before You Blame Emefiele Look At Yourself by wellmax(m): 5:05pm On Jan 23, 2016 |
orunto27: What is this one saying. |
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