HAH:
and as long as oil is relevant and in demand this policy is sustainable, be optimistic, oil is also an export

rozayx5:
hmm


what has this admin really achieved

Tflex01:


PDP did not spoil this country in one day. Don't expect APC to fix it in a day.

dayus444:
We knew this would happen. After yesterday's injection comes this kneel-jack reaction. Which way Naija?

wristbangle:


Sorry if I may interrupt even though modath will provide a comprehensive answer. What the CBN and FG should be doing is spending on long term goals/assets that will project this country on sustainable growth. Critical sectors like power, infrastructure (road/housing), agriculture(food production, storage, security), solid minerals (processed), etc which are seriously lagging behind needs this intervention. Even though FG is working on fixing some part of infrastructure, others still remain a far cry from reality. Until we address this situation, FG will just be postponing the remaining part of economic backlash pretending as if they are working via dollars pumping. What if the price of oil drops to $40 tomorrow?

modath:


Cos i don't build my castles in the air....I should be castigated & demeaned? Can any currency exist in a vacuum or in a state of perpetual flux...Pump it appreciates, lull same problem returns.... abegiiii!!!

Flight ticket of 300k just around one year ago is over 450k , pack of cereal i used to buy at 4k is now 6.5k, a tin of sardine is 300 naira & yall think I'm happy about the nation's predicaments? How much of these myriads of problem affect the elite?

So knowing the truth & refusing to accept the band aid over festering sore is an act of sabotage? Must we all sleep and face same direction? Until we all stop lying to ourselves, we will continue to revolve around same circle and make no appreciable progress.... We have to produce to progress, anything short is self deception....


P.S... I've given 989900 the only response i owe him, you've gotten yours as well.... Now both of you can find one corner to rub against yourselves in your one sided prism view of patriotism...... mtcheeeewwww!!!!


*mic drop*

Truth234:


Hehe.. madam na fight? Building an economy is a gradual process. Consumer prices are still high but that does not negate recent progress as reported by NBS. The country would be out of recession in the second quarter and prices would adjust accordingly.

2dugged:
hehehehhehe, I am just literally laughing here, someone finally understands the true meaning of patriotism, cheers!

onatisi:
finally you are beginning to see what we have been saying and shouting aabout how absolutely daft this government is. Well nigerians will be the ones to suffer the pains and that is perfectly ok until they start thinking with their brains and start voicing out with their mouths instead of just keeping mute like a sleeping donkey.no matter what you say now ,ppl will look at u as a sadist. The best thing is just to watch nigerians

modath:



Without mincing words, I'm really disappointed in you!!!

ADDENDUM..



People who are having difficulty understanding the nation's problem should check this post & accompanying screen shot...

https://www.nairaland.com/3436650/give-birth-usa-cost-procedures/206#55734245

989900:
Fingers crossed . . .


The SMEs window if not abused should be a good move.

Raising limits on Naira cards for POS transactions would have been good too.

Cashless policy and the Whistleblower policy, plus ebb and flow in the exchange rates will make it a bit difficult for racketeers.

The Naira should do better by far in a year or 2 when Private refineries start working, and 'probably' government ones do better, hoping the agric, local rice and 'buy naija' revolution does not lose steam, with the steel industry, local auto industry, railways and FDIs kicking in.

P.S. It was N385 @ Island yesterday.

wristbangle:


Sorry if I may interrupt even though modath will provide a comprehensive answer. What the CBN and FG should be doing is spending on long term goals/assets that will project this country on sustainable growth. Critical sectors like power, infrastructure (road/housing), agriculture(food production, storage, security), solid minerals (processed), etc which are seriously lagging behind needs this intervention. Even though FG is working on fixing some part of infrastructure, others still remain a far cry from reality. Until we address this situation, FG will just be postponing the remaining part of economic backlash pretending as if they are working via dollars pumping. What if the price of oil drops to $40 tomorrow?

KingsleyCEO:

Another blind individual swimming in delusion. I am really pained for you.

dragonking3:
it is comments like this that make me weep for the youths of this country. The PDP that spoilt Nigeria are they not the ones now in apc? So how do you expect someone who destroyed the nation to develop it? SMH

tweetsme:
Your Naira is going No where. No matter the pump.. Fix the real issue.. Not pumping Dollars You guys don't Produce..

989900:
Fingers crossed . . .


The SMEs window if not abused should be a good move.

Raising limits on Naira cards for POS transactions would have been good too.

Cashless policy and the Whistleblower policy, plus ebb and flow in the exchange rates will make it a bit difficult for racketeers.

The Naira should do better by far in a year or 2 when Private refineries start working, and 'probably' government ones do better, hoping the agric, local rice and 'buy naija' revolution does not lose steam, with the steel industry, local auto industry, railways and FDIs kicking in.

P.S. It was N385 @ Island yesterday.

N375 @ Sabo, Ibadan. April 20.

N365 @ Ejigbo, Lagos. April 20.

Godspikin:



Where in Ejigbo please, I need to buy...

oyienootieno:


Don't be deceived, if a dollar is N400 for instance it means that Sardine you used to buy for N300 will also be increased to N400. The poeple who suffers most is the workers and the poor, because Salaries is not based on Dollar market price it is fixed. And for the poor they won't be able to do business anymore because the prices of goods would have exceeded their previous gain or capital.

Tflex01:


You should be pained for your dad kid

Tflex01:
Good news!!!!


Unfortunately, not the type of news some people want to hear.