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Nairaland Forum / Nairaland / General / Politics / Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User (30640 Views)
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Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 3:03pm On Feb 04, 2017 |
link2ok: Should we say you write with no brain? 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by OreMI22: 3:15pm On Feb 04, 2017 |
They are still complaining for N500 naira to one dollar? Audu Ogbeh already told you people the target is to get it to N1,000 naira to $1. With Emiefiele, Adeosun and Buhari being the economic team of Nigeria, N1,000 may even be an underestimation. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 3:17pm On Feb 04, 2017 |
ISTANDWITHBUHAR: Ewu! Gerraahia paid agents.
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Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by Nobody: 3:18pm On Feb 04, 2017 |
TheGoodJoe:Thanks for this piece. The reasoning of people cursing this dispensation is an indication of everything that is wrong with nigerian educational system. 3 Likes |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by link2ok(m): 3:19pm On Feb 04, 2017 |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 3:34pm On Feb 04, 2017 |
amarachi06: LOL how else are we going to convince someone with mold under her wig? When last did water touch your head cos i guess reason your brain is not functioning.. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 3:36pm On Feb 04, 2017 |
MakeADifference: Please reserve it for Father Mbaka too cos l heard the recession is affecting his English now. 1 Like 1 Share |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 3:36pm On Feb 04, 2017 |
link2ok: What do we expect from tribe that wake their parent up in bed with kung fu? 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 3:41pm On Feb 04, 2017 |
ISTANDWITHBUHAR: Ewu at least am better than you cos you don't have sense and so sorry to remind you but you are a waste to human including your family and for your info, your papa should have worn Condom the day he met with your mama. Continue to stand with a brain dead man. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 3:47pm On Feb 04, 2017 |
ISTANDWITHBUHAR: Ewu at least am better than you cos you don't have sense. Am so sorry to remind you but you are a waste to humans, including your family and for your info, your papa should have worn Condom the day he met with your mama. Continue to stand with a brain dead man. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 3:53pm On Feb 04, 2017 |
amarachi06: LOL what makes you better than me? You that did not know how things work economically? You that did not know when Crude Oil price was $140 we will surely have enough dollars to service our Forex? You that did not know when Crude Oil price drop to $28 the Dollar will be scarce since it's not our official currency and we cannot print dollar? You that did not know NDA avengers will actual affect us econonmically aand started praising them thinking you are punishing Buhari not knwoing you are punishing yourself. The list is endless small.. Well i won't blame you, You have been tasting D1ck and don't know your mate again? You have been enjoying what your mother use to enjoy and make you think everyone are your mate.. 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ilynem(m): 3:55pm On Feb 04, 2017 |
abdulrazat:First you need to ask your self what determines the price of currencies? Simple. Supply and demand. Now how do we earn dollars? Simple. Exportation. What do we export in Nigeria? Simple. Crude oil alone. Every other thing is imported. How much was crude oil (the only thing we export) sold under Gej? Simple. An average of 100 dollars per barrel. Hence there was less pressure on the demand of dollars cuz we earned more then. What should Gej have done in that time of plenty? Save for rainy day and diversify the economy so we can export more products and earn more dollars. But what did he do? Nothing. And made sure we continued to depend on exportation of a product which price was not determined by us and was very erratic. Now, price of oil is about 30 to 40 dollars per barrel with avengers reducing production and you expect us to have more dollars to trade? This simple means we are earning less dollars hence there is pressure on dollars cuz the demand is more than the supply. And remember, we import every single item including refined oil. This has also led to hike in prices. Let me explain why. As an importer, you used to buy one dollar at 175 naira and now you buy it at 500 naira. Question. When you import your product, will you sell it at the same price? Nope. Moral of the story. You should have listened during economics classes. 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 4:04pm On Feb 04, 2017 |
ISTANDWITHBUHAR: A better diCk than yours and it gives me satisfaction. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 4:12pm On Feb 04, 2017 |
amarachi06: LOL you can't even stand my D1ck else you will break into 2... I no dey give people wey be like skeleton my D1ck... |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 4:17pm On Feb 04, 2017 |
ISTANDWITHBUHAR: No wonder.......... Gosh! |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 4:31pm On Feb 04, 2017 |
amarachi06: Yes so make you know your mate.. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 5:40pm On Feb 04, 2017 |
ISTANDWITHBUHAR: My dear how old do you think l am? That pic is my sis in Esut, not me. I am way older than you and if you should calculate, start from when PMB came in power for the first time. I have three kids now so don't mess with me on age matter. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 6:16pm On Feb 04, 2017 |
amarachi06: I am a grown up guy when Buhari came into power in 1983 hahaha, I also have 3 kids and your sister will only take few yrs from my Daughter... One again respect your elders.. 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by me69: 6:47pm On Feb 04, 2017 |
malware:Kindly remind yourself of the price of oil during these times 2 Likes |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by Splashme: 7:14pm On Feb 04, 2017 |
konfused: |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by vislabraye(m): 7:22pm On Feb 04, 2017 |
4Play: Exactly !! All these loopholes give room fraud. This president is not sharp at all. Or using N270m to cut grass is not fraud . 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by quickly: 7:36pm On Feb 04, 2017 |
IF YOU DONT HAVE A BSC FROM UNIVERSITY YOU SHOULD NOT NEAR GOVERNMENT TALKLESS OF PRESIDENCY. HOW CAN A MAN WHO EARN SALARY ALL HIS LIFE CREATE JOBS. WHEN HE CANNOT CREATE ONE FOR HIM SELF 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by Nobody: 8:58pm On Feb 04, 2017 |
konfused:guy come marry my sister.... |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ba7man(m): 9:14pm On Feb 04, 2017 |
Threads like this reveal the IQ of people you're arguing with. They don't even know what determines a currency's exchange rate, all they say is "garri was N40 under GEJ, its now N200 under Buhari". Very shallow, daft individuals, ask them "why"? They'll break off into a "Back in 1983" rant as if they were alive back then to know what truly happened. 1 Like |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by konfused: 3:24am On Feb 05, 2017 |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by amarachi06(f): 12:42pm On Feb 05, 2017 |
ISTANDWITHBUHAR: You don't have grownups like you said cos your comments says who you are. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by juman(m): 12:56pm On Feb 05, 2017 |
quickly: One does not need to be a graduate to perform excellently as president. Most important thing needed is determination, thats what the nigerian "leaders" do not have. An example is Lula da Silva, a man with little formal education, but performed very very well as president. https://www.youtube.com/watch?v=n0zzDBdW7Gw |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by ISTANDWITHBUHAR: 2:54pm On Feb 05, 2017 |
amarachi06: Okay ooo but i am your senior brother.. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by cuteboy2: 3:30am On Feb 07, 2017 |
martineverest: This one still doesn't get the message. Someone should help reset his brain from the epic 2015 election propaganda. |
Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by whywhyogun: 4:54am On Feb 07, 2017 |
how can 510 be? i am living in Hongkong, and the exchange rate is always 315. can anyone explain this? is naira really falling to 510? i am always dealing by 315. dont tell me i am always being cheated by the money changer?!!!!! |
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