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Venezuela Is Down To Its Last $10 Billion! - Foreign Affairs (3) - Nairaland

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Protesters Storms Venezuela National Assembly, Beat Politicians To Pulp(photos) / Armoured Police Vehicle Crushes Protester In Venezuela(Graphic Photos). / Venezuela Is Down To Its Last $10 Billion (2) (3) (4)

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Re: Venezuela Is Down To Its Last $10 Billion! by Lasskeey: 8:39am On Mar 04, 2017
grin grin grin

Re: Venezuela Is Down To Its Last $10 Billion! by martineverest(m): 8:40am On Mar 04, 2017
strrev:


Ewure Obuko grin, They try read news, even those 3 countries dun feel am

u are too dumb and empty for my liking......russia and iran felt the fall in oil price like nigeria...

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Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:40am On Mar 04, 2017
Wonder which country gonna bail them out now undecided
Re: Venezuela Is Down To Its Last $10 Billion! by nairaman66(m): 8:41am On Mar 04, 2017
abescom:
I fall into that category because I am a blogger and honestly can't lie, the last two years has been great for me. But how is that my fault? If you are implying I am into politics, you are dead wrong.

And to be honest, you are right thing our past leaders have failed us massively. But all we can do is to keep praying for the country AND doing our part to help the country. Wishing ills on the nation won't help you and won't help me.

If because I earn in dollars I wish the country bad, is my dollar not going to get converted and used to buy stuffs here? Only irrational minded and stupid people will wish the country bad because they THINK they are immune.

I am not irrational because this is what you are implying from your last sentence. I am only being realistic! Is anyone aware that at a point Nigeria's ECA was down to $2.4B and foreign reserves was at $30B?? Most of you guys are rather myopic to say the truth and live in utter self denial. I repeat that we will soon get to Venezuela's position soon if we continue in same attitude!!

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Re: Venezuela Is Down To Its Last $10 Billion! by AngelicBeing: 8:42am On Mar 04, 2017
ExpiredNigeria:
There is really a very big problem in Venezuela, before now I used them as reference to a failed country until Buhari came on board and plunged our economy to exactly what brought about Venezuela crisis today, the problem in Venezuela escalated the moment they central Bank blocked access to dollar and importation so their black market promulgate, a dollar sold 1000 Bolivars which the actual rate is less than 10 Bolivars in the central bank, they blocked importation and the country was stocked.. what will foreign investors do when they can no longer access dollar, import raw material? the simply left.. people got impoverished.. do you know that one dollar is now about 2000 Bolivars in Venezuela.. this is where Nigeria is heading if we do not remove this president and stop him now
Hmmmm, na wao, the inflation in Venezuela will be terrible then sad
Re: Venezuela Is Down To Its Last $10 Billion! by Teedawg: 8:43am On Mar 04, 2017
Nigeria is not in recession oh its just buhari's dumb policies abi is it politicians that have stolen too much money to put the country in recession.. abi who devalued naira is it not him mtchww..he is the one that put us in this situation
Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:43am On Mar 04, 2017
It wil still be to ur own chagrin

Lame people and lame comment
nairaman66:
Nigeria getting there soon!
Re: Venezuela Is Down To Its Last $10 Billion! by donbenie(m): 8:45am On Mar 04, 2017
Nutase:
America wants to turn them to Zimbabwe because of their anti imperialist stance.
Must America be blamed for each and every poor choices nations make in the management of their economy..
When you run a Welfare economy with no sustainable economic strategy,you only have yourself to blame when the Chickens comes home to roost..
Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:45am On Mar 04, 2017
Teedawg:
Nigeria is not in recession oh its just buhari's dumb policies abi is it politicians that have stolen too much money to put the country in recession.. abi who devalued naira is it not him mtchww..he is the one that put us in this situation
after fixing the economy, ur brain is next

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Re: Venezuela Is Down To Its Last $10 Billion! by abescom: 8:46am On Mar 04, 2017
nairaman66:


I am not irrational because this is what you are implying from your last sentence. I am only being realistic! Is anyone aware that at a point Nigeria's ECA was down to $2.4B and foreign reserves was at $30B?? Most of you guys are rather myopic to say the truth and life in utter self denial. I repeat that we will soon get to Venezuela's position soon if we continue in same attitude!!

I never had you in mind when I used that word "irrational" however if you want to adopt it, who am I to stop you. Lol.

I get what you are saying. We will even become worst than Venezuela if nothing drastic is done. However you and I can pray and DO ( note I didn't say pray alone) to ensure we don't get there. And how? If you don't have a job, create one for yourself like I did. Employ people, liberate your own family and that of the people you employ and before we know it the polithievians will realise we don't have their time any more and sit up.
Re: Venezuela Is Down To Its Last $10 Billion! by Zulu212: 8:48am On Mar 04, 2017
Is Buari also their president there? Cos it seems bad luck follows that nigga
Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:48am On Mar 04, 2017
martineverest:
u are too dumb and empty for my liking......russia and iran felt the fall in oil price like nigeria...

Lmao, better remove the "Intelligent" from your bio

Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:49am On Mar 04, 2017
abescom:
Why not? They also have tons of gold, coal, iron ore, diamond among others. They also have human resources just as Nigeria. So why can't we compare? How come people compare Nigeria and America and it is acceptable but comparison with Venezuela is not allowed?
U can't compare becos nigeria have more human resource.It will be more easy for Nigeria to diversify.
Re: Venezuela Is Down To Its Last $10 Billion! by Ngokafor(f): 8:49am On Mar 04, 2017
Lordsocrates:
with oil selling at 150 dollars per barrel, our reserves under (You know who ) was already dwindling, when oil sold for 78dollars per barrel, we were already borrowing to pay workers salary..

but God saved us, even when oil fell to as low as 20dollars per barrel, before crossing to hover around 40-45, the govt of (you know who) was saving up, saving up everything to strengthen our foreign reserve.. everyone was crying, screaming, but the govt knew what a constantly falling foreign reserve meant, and continued saving. Today we have been able to strengthen our foreign reserve to well above 30bn, and now attention is now directed at the Force market.

but some hate filled, bigoted individuals won't see, they keep on Celebrating (You know who) not minding revelations of how the admin was a (Come and steal as much as you can galore)
but we thank God, we made the right choice, because with the way the looting was going, our case would hv been worst than that of Venezuela....we would have been auctioned on e-bay for 20dollars by now.




...Common keep quiet....Jonathan's administration was/is miles ahead of you failures called APC.....Apart from the fact that your apc party has no direction or plans,you guys are as corrupt as PDP admin..

......Keep comparing yourselves to ailing economies to justify your failures you hear??..Bunch iof incompetent folks

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Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:51am On Mar 04, 2017
Dangote be like I can buy this country.
Re: Venezuela Is Down To Its Last $10 Billion! by Teedawg: 8:51am On Mar 04, 2017
lustychima:
after fixing the economy, ur brain is next
grin grin yes please I wonder how many billion dollars the government will spend on my head...only God knows the kind of inflation that will occur because they wanna fix my head...as long as there are black people in power Nigeria's Economy(in short Nigeria as a whole) can never be fixed..it's too late for that
Re: Venezuela Is Down To Its Last $10 Billion! by nairaman66(m): 8:53am On Mar 04, 2017
abescom:


I never had you in mind when I used that word "irrational" however if you want to adopt it, who am I to stop you. Lol.

I get what you are saying. We will even become worst than Venezuela if nothing drastic is done. However you and I can pray and DO ( note I didn't say pray alone) to ensure we don't get there. And how? If you don't have a job, create one for yourself like I did. Employ people, liberate your own family and that of the people you employ and before we know it the polithievians will realise we don't have their time any more and sit up.

Being a blogger is no work dude! Stop trying to impress anyone here! I'm not saying blogging is no job, but take a chill pill. This is a faceless forum and I would not want to tell you what I do as it is useless. The focal point of our discussion is about Nigeria's wastage and how it can affect its GDP as we are not a manufacturing country rather the opposite!

Do not go around bragging about your job as I think you don't have any. Blogging is suppose to be a part time thing, not full time! Doing it full time means you have no job! I can tell you, you are not where you are suppose to be! Don't go around telling people you do blogging!

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Re: Venezuela Is Down To Its Last $10 Billion! by nairaman66(m): 8:54am On Mar 04, 2017
lustychima:
It wil still be to ur own chagrin

Lame people and lame comment

Dude, can you stop being stupid?
Re: Venezuela Is Down To Its Last $10 Billion! by Nobody: 8:54am On Mar 04, 2017
Opakan2:
That was GEJ's plan for Nigeria but God disgraced him

Those moro.ns who see stealing as nothing can learn one or two things from this

No one is to be blamed for oil price falling.
Re: Venezuela Is Down To Its Last $10 Billion! by isaacsegun(m): 8:55am On Mar 04, 2017
please economic experts on the platform,what is the significant of a nation foreign reserve to her economy?
Re: Venezuela Is Down To Its Last $10 Billion! by Ngokafor(f): 8:55am On Mar 04, 2017
abescom:
Must everything be seen as an APC excuse nitori olorun? You see glaring fact presented to you but still can spew this rubbish.

When are you repenting?




....Yes its about Apc cos thats how you apc goons roll..Which facts are you talking about??.....Is it the fact that your buhari/apc came and made an already bad situation worse for Nigerians with their lack of direction or what??..after proming heaven and earth?

People are sick and tired of you and your party's daily blame games and lame excuses....This thread is certainly from the stables of lie mohammed and Buhari Media Centre(BDM)...no one is deceived.

...By the way,lets all roll out drums singing kumbaya because Nigeria is not like Venezuela undecided
Re: Venezuela Is Down To Its Last $10 Billion! by bizzibodi(m): 8:56am On Mar 04, 2017
Many kids dnt know what what a depleted foriegn reserve meant,Thank u pmb for saving nigeria.kai venezuela of all country with d world largest oil reserve.

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Re: Venezuela Is Down To Its Last $10 Billion! by Incredibleme: 8:56am On Mar 04, 2017
abescom:
Why not? They also have tons of gold, coal, iron ore, diamond among others. They also have human resources just as Nigeria. So why can't we compare? How come people compare Nigeria and America and it is acceptable but comparison with Venezuela is not allowed?
In the scheme of things where is Venezuela apart from having more oil reserves? They are no where close to Nigerian. They are not as endowed or developed a human capital as we are, their gdp is no where close to urs, how many FDI are they able to attract. Nigeria is a big economy and birds of the same feathers flock together. We should aim at meeting up with more developed economies like egypt and south Africa ane the west and not waste precious time consolidating ourselves with baby economies as Venezuela.
Re: Venezuela Is Down To Its Last $10 Billion! by bizzibodi(m): 8:57am On Mar 04, 2017
AreaFada2:
It can happen in Nigeria too. FG only relies on oil.

Yet they claim oil is useless. But buhari remains oil minister. shocked shocked
Get sense na nobody say oil is useless.
Re: Venezuela Is Down To Its Last $10 Billion! by VeeGeeCee(f): 8:59am On Mar 04, 2017
SNIPER123:
cheesy I thank God Almighty for grace to buy to buy this plot of Land. Though very expensive and coupled with this recession. Now, I dedicate this plot of land to my Fiancee for her supports over the years Secondly, to all sales persons in the house that didn't meet their Feb target Thirdly, to all Chelsea fan home and abroad Lastly,to all Nairalanders cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy cheesy
which kain wahala be dis?
Re: Venezuela Is Down To Its Last $10 Billion! by bid4rich(m): 9:01am On Mar 04, 2017
Bern1992:
do they have a president shocked shocked


No.They have headmasters

grin

1 Like

Re: Venezuela Is Down To Its Last $10 Billion! by AreaFada2: 9:02am On Mar 04, 2017
bizzibodi:

Get sense na nobody say oil is useless.

Lol.
Have you been 200 metres under Olumo Rock all this while people have been saying FG does not depend on oil. That the price is nothing to write home about? Or you were a mummy like your president in London? shocked shocked

Abeg just crawl back into your cave.
Re: Venezuela Is Down To Its Last $10 Billion! by Lordsocrates: 9:04am On Mar 04, 2017
Ngokafor:





...Common keep quiet....Jonathan's administration was/is miles ahead of you failures called APC.....Apart from the fact that your apc party has no direction or plans,you guys are as corrupt as PDP admin..

......Keep comparing yourselves to ailing economies to justify your failures you hear??..Bunch iof incompetent folks
Re: Venezuela Is Down To Its Last $10 Billion! by Codes151(m): 9:08am On Mar 04, 2017
Same pattern this uneducated northerners wanted to put nigeria in!!!
God pass them!


God blesss nigeria
God bless pmb
God bless u
Re: Venezuela Is Down To Its Last $10 Billion! by bizzibodi(m): 9:08am On Mar 04, 2017
nairaman66:


I am not irrational because this is what you are implying from your last sentence. I am only being realistic! Is anyone aware that at a point Nigeria's ECA was down to $2.4B and foreign reserves was at $30B?? Most of you guys are rather myopic to say the truth and life in utter self denial. I repeat that we will soon get to Venezuela's position soon if we continue in same attitude!!
Guy wake up & smell d coffee d foriegn reserve is rising.
Re: Venezuela Is Down To Its Last $10 Billion! by Abillsable: 9:09am On Mar 04, 2017
Nutase:
America wants to turn them to Zimbabwe because of their anti imperialist stance.
Ypu are wrong.America has nothing to do with it.Socialism simply doesn't work.I hate this kind of ignorance!

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