Ucheosefoh:
What rate are we going to be charged by banks when doing foreign transactions, interbank or parallel rate ?

1stdammy:
Very very far ma guy, very very.........

onatisi:

By December 2016,Nigerians go know how far.

BIGTinfotech:
Bros no be small one chance be this

chemicalDisease:


you called this goodnews

but were calling Gej names when
it was 214.

Calm down, judgement day is near.

onatisi:
it is better you base ur business calculations on the parallel rate in order not to caught off-guard.

onatisi:

The solution to all this problem on individual level is to target exportation and agriculture. If you look deep and closely Nigeria still presents u with lots of business opportunities

onatisi:
there is no magic the cbn can perform if the political leadership of the nation is clueless and empty headed. To be honest the cbn has been trying with all sorts of experiment but what has the nation political leaders been doing? Nothing , and they even keep scaring investors away by their negative comments and dumb policies.

orisa37:
The CBN is surely endeavoring to improve the Naira, but should try harder. The CBN should take a bold Denomination Move to bring down Inter Banks Rates to N100/$1 so that its application of the 1.5 and 2 percent margin would trade Dollar at not more than N135/$1 to the End Users. The CBN can do this and has the power to do it to impress PMB and Nigerians. And thanks for ensuring that, henceforth, all forex imports from Oil, goods and services enter Nigeria only through the Deposit Money Banks(DMBs). That's the spirit.

shadeyinka:
Nigerians expect some miracles from CBN which is impossible. CBN has the power to monitor the Naira but they have no power to regulate the REAL value of the Naira.

The real Naira value is determined by the ratio of Dollar Earned: Dollar Demand by the Nation.

Naira valuebwill be low if Dollar Demand is high.

The only way out is to either make more Dollar income or Reduce Importation.

Reduction of importation requires upgrade of local MANUFACTURING CAPABILITY!

I rest my case!

verygudbadguy:


Stop politicising everything.

The reason why the dollar is high is basically because we import more and export less.

The crash in the price is why we are here. Stop the blame game.

Look inward and profer solution. Thanks.

onatisi:
please what concrete plans or policies does this present government has for diversification of thebnatio economy?

onatisi:

Didn't apc politicise everything during gej tenure?
Didn't they blame gej for every problem Nigeria faced then?
Is apc not blaming gej and pdp for the nation's problem now
Who is playing the blaming game now ? Isn't it apc

GudluckIBB:
Emefiele is Confused and clueless

Why Stop the activities of Bdc's in the first place.

Emefiele caused this problem right from the day he capitalised BDC's

The juju he's using to hold buhari from not sacking him is very strong.

zikter:
My opinion is if the budget can be reasonably funded and implemented, then, we can have a starting point. Economic diversification requires a lot of commitment and sincererity and the budget implementation is our best bet as most of the things if not all, that we need to do, be it in agriculture, mining or any other sector is encapsulated in the budget. But what do i know? the budget needs money to be implemented of which we seriously lack. Head or tail, the situation is bleak. personally am prepared for the worst but I cannot put the blame on the doors of this govt least of all on the president who has reasonanable consensus from nigerians as the least corrupt person on corridor of power for in the recent history. Rather i blame looters of our treasury both past and the present in govt for my suffering today.

zikter:
The point is, if we had save during the era of $100 per barrel of crude. the fact that APC blamed GEJ govt not entirely out of order. Lest i forget we have something like constructive criticism. How I wish the present govt was selling crude at the same price as then. Then, we could have let loose the biggest criticisms ever. But from an objctive point of view rather than political or ethnic reasons, it is quite difficult to blame the govt constructively.

onatisi:

This one promised to change Nigeria within 12 months ,he promised 3 million jobs in one year alone,he promised 5k naira for 25million ppl

onatisi:

Didn't apc politicise everything during gej tenure?
Didn't they blame gej for every problem Nigeria faced then?
Is apc not blaming gej and pdp for the nation's problem now
Who is playing the blaming game now ? Isn't it apc

verygudbadguy:


The fact that the APC/ PDP does that doesn't make it right. We are Nigerians. We are the youth of the country. We are the problem solver.
If only we the youth will come together and agree on the way forward. If only we will not tribalize everything and see ourselves as one under one umbrella. Then we can come out under a youth party and seize power from this old men.

Think about brother. We are the solution to our problem.

nnofaith:
When Moses was taking the Israelite out of Egypt, they wailed more than this, what PMB is doing is for your own good but impatience/bigotry/economic illiteracy will not allow you peeps appreciate the sacrifice being made for you.

onatisi:

This is the kind of mentality that is needed . You will be the second person that I have noticed so far on nairaland that has the kind of mentality and orientation needed by our organization. Will you like to be part of a new political group with a new vision and ideas? If yes ,pls let me know. Have a wonderful day