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Nairaland Forum / Nairaland / General / Business / When Naira Still Had Value! Just Imagine.. (61041 Views)
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Re: When Naira Still Had Value! Just Imagine.. by Nobody: 4:37pm On Sep 02, 2016 |
jmoore:Dangote run his business with foreign loan. He is servicing his debt in dollar. 2 Likes |
Re: When Naira Still Had Value! Just Imagine.. by Xionez(m): 4:37pm On Sep 02, 2016 |
7k for wedding...if I hear. Nigerian currency has lost direction. 1 Like |
Re: When Naira Still Had Value! Just Imagine.. by macaranta(m): 4:38pm On Sep 02, 2016 |
Wow nice |
Re: When Naira Still Had Value! Just Imagine.. by Qualer: 4:38pm On Sep 02, 2016 |
ubsilas:
|
Re: When Naira Still Had Value! Just Imagine.. by Nobody: 4:38pm On Sep 02, 2016 |
But to work and make 1 naira then, you go hear wheyn |
Re: When Naira Still Had Value! Just Imagine.. by Nobody: 4:38pm On Sep 02, 2016 |
The sum total is not even enough to do Airtel subscription nau |
Re: When Naira Still Had Value! Just Imagine.. by Omotall(m): 4:39pm On Sep 02, 2016 |
Ok,we don see ham,who to blame now |
Re: When Naira Still Had Value! Just Imagine.. by helphelp: 4:39pm On Sep 02, 2016 |
And then crude oil took over |
Re: When Naira Still Had Value! Just Imagine.. by bigiyaro(m): 4:39pm On Sep 02, 2016 |
I think ur dad was a meticulous n responsible man only such men will quietly sit n plan in detail. I hope you are like him. 2 Likes |
Re: When Naira Still Had Value! Just Imagine.. by Perfecttouch(m): 4:39pm On Sep 02, 2016 |
prevail23:can you please show us the picture of the house? |
Re: When Naira Still Had Value! Just Imagine.. by itzmejerry(m): 4:40pm On Sep 02, 2016 |
hit like if you think its not the ordinary Nigerians faults but the people holding powers 1 Like |
Re: When Naira Still Had Value! Just Imagine.. by jmoore(m): 4:41pm On Sep 02, 2016 |
tuale4u: I only used Dangote as a case study. What of producers of Indomie etc? Almost every local manufacturing company is increasing the price of their goods. |
Re: When Naira Still Had Value! Just Imagine.. by Nobody: 4:42pm On Sep 02, 2016 |
jmoore: indomie raw materials (flour) are imported. so d price will go up. Bread flours are imported. so the price will go up. Tomatoes is fully local. Basket of tomato in delta state is less than 2500 naira now. In the north it is about 1500 naira or less for basket of tomatoes despite naira devaluation. products without dollar component have not change much in price. If you compare price of tomatoes today and the price by this same time last year, you will discover that the difference is price is little. The slight difference is mainly due to increase cost of transportation (Fuel is imported with dollar) |
Re: When Naira Still Had Value! Just Imagine.. by Adonis86(m): 4:42pm On Sep 02, 2016 |
Kai Kai full the list.... Nowadays we look for Brandy,Champagnes, Moet,etc. Even gunpowder cost in those fays because it was immediately after the civil war |
Re: When Naira Still Had Value! Just Imagine.. by 900warriorz: 4:42pm On Sep 02, 2016 |
The memory of the good old days makes me wanna cry for the future of this nation Then, all sub-sectors of the nigerian economy were intergrated. An economy were things were made locally and consumed that we evenhad alot to export! Westernization is one of the major factor killing nigeria. Now, no one wants to eat ofada rice or locally made rice, no one wants to wear aba made shoes and clothes, even the guinea, kampala and ankara wearers now use their local attire to sew shirts, trousers and suit(everyone has a right to fashion sense though) but indirectly, people outside won't value our worth again since all we do is copy them....Innoson has now shut down operations for the time being, Dunlop tyres packed their load and left nigeria because their tyres(original) became expensive compared to imported tyres! Nigeria,which way naa? Miss when i'd use #10 buy the solo bread (onyobutter) they sell for #150 today!when i use 50kobo to buy 5 chewing gum etc.. 3 Likes |
Re: When Naira Still Had Value! Just Imagine.. by allytinted: 4:43pm On Sep 02, 2016 |
How Are We Sure You Didn't Just Write This? Just Asking Anyway. |
Re: When Naira Still Had Value! Just Imagine.. by Nobody: 4:46pm On Sep 02, 2016 |
jmichlins: The world is advancing, nothing comes cheap. 2 Likes |
Re: When Naira Still Had Value! Just Imagine.. by Vomm: 4:46pm On Sep 02, 2016 |
Ur father can keep records for Nigeria. LOL |
Re: When Naira Still Had Value! Just Imagine.. by Shinor(m): 4:50pm On Sep 02, 2016 |
prevail23:Of course it can. Are we not the ones who are requesting for Gucci shoes instead of Made in Nigeria? We had Volkswagen of Nigeria and Peugeot Automobile. Most big men drove 505. Middle class 504 and Beetle. Only a few had Mercedes Benz. Undergraduates were in Nigerian universities so we were not using our foreign reserve to service foreign school fees. Our holidays were spent going to visit our uncles and aunties in other parts of Nigeria. Today you know where people prefer. To stand up and be blaming the present or previous governments shows we still haven't learnt our lesson. It's nobody's fault but the people's. This is the outcome of wrong choices made decades ago. When I went to school every school child wore Bata or Lennards shoes. Imagine how much those companies were making then? It is not rocket science. If we continue to import toothpick with our foreign reserve and all our politicians are stealing and stashing the loot abroad, this is what will happen. 3 Likes |
Re: When Naira Still Had Value! Just Imagine.. by Fedayeen02: 4:53pm On Sep 02, 2016 |
ubsilas:you dey find trouble |
Re: When Naira Still Had Value! Just Imagine.. by 989900: 4:53pm On Sep 02, 2016 |
jmoore: Because, everyone goes back to the same hyper-inflated market. Increased fuel, increased vehicle prices, increased imported raw materials, and e.t.c. . . . even mobile phone. |
Re: When Naira Still Had Value! Just Imagine.. by chicoMX(m): 4:53pm On Sep 02, 2016 |
supervision #1000...who see that one? |
Re: When Naira Still Had Value! Just Imagine.. by jeff1607(m): 4:55pm On Sep 02, 2016 |
op abeg make I see the cover of that book. |
Re: When Naira Still Had Value! Just Imagine.. by Mockinbird: 4:56pm On Sep 02, 2016 |
Change is difficult, not changing is fatal. |
Re: When Naira Still Had Value! Just Imagine.. by vivaciousvivi(f): 4:56pm On Sep 02, 2016 |
That note book needs to be in a museum! Goat N23 and cow N250!. But then again, that was 1978 - most of us weren't born then. Kai, our parents enjoyed o. What is even more surprising for me was that OP's dad had a column for Kobo 3 Likes |
Re: When Naira Still Had Value! Just Imagine.. by cococandy(f): 4:59pm On Sep 02, 2016 |
In zombies' voices. "GEJ caused it" 2 Likes |
Re: When Naira Still Had Value! Just Imagine.. by TonyeBarcanista(m): 5:01pm On Sep 02, 2016 |
mickyeddi:That was 1978 not 1998. as at then a bottle of coke would go for 50kobo or arounf #1 |
Re: When Naira Still Had Value! Just Imagine.. by pippimp(m): 5:01pm On Sep 02, 2016 |
Shinor: Decades ago? I don't think you fully understand what is going on. Nigerians are still making the same mistakes today. 3 Likes |
Re: When Naira Still Had Value! Just Imagine.. by joystickextend1(m): 5:01pm On Sep 02, 2016 |
Hmm good ol days.. |
Re: When Naira Still Had Value! Just Imagine.. by anonimi: 5:04pm On Sep 02, 2016 |
Thou shalt not worry. Soon and very soon, Naira will be equal to the Dollar as promised by DullardPoo and his Association of ProgreTHIEF Criminals, APC. www.nairaland.com/attachments/2403078_buharinairatodollarpromise_jpeg536f4a3346e6a689940c6ceb025c51a7 www.nairaland.com/attachments/3431120_cdatausersdefappsappdatainternetexplorertempsavedimages3420191picsart1455886204785jpeg503a9ea978cee321112203705090d494_jpeg42f7ff794fb9c526b6223de620a8596b 2 Likes 1 Share |
Re: When Naira Still Had Value! Just Imagine.. by Mustapha111888(m): 5:05pm On Sep 02, 2016 |
prevail23:U yourself must have tey ooo |
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