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Nairaland Forum / Nairaland / General / Politics / Nigeria’s External Reserves Climb Back To $42b (10488 Views)
Nigeria’s External Reserve Has Risen To $36.89 Billion - Cardoso / Nigeria’s External Reserves Hit $44bn First Time In 2019 / Nigeria's External Reserves Drop By $1bn In 13 Days (2) (3) (4)
Re: Nigeria’s External Reserves Climb Back To $42b by heskeyw(m): 3:22pm On Nov 30, 2018 |
It's obvious that we are not going to leave 42B dollars in the hands of Atiku. Only the Lord knows what he will do to it. 6 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Nobody: 3:22pm On Nov 30, 2018 |
SimplePlan34:I don't get, last time I checked, Keynesian Economists are not against the government saving money in the economy. When leakages is equal to injections, Its even by saving money there they will be able to fight any economic slump 'cause the invisible hand cannot bring back economic boom. Mind you, no country is without a debt. 4 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Daviddson(m): 3:22pm On Nov 30, 2018 |
Can we get it to around $60bn before March 2019? . At least that'll afford Atiku enough money to spend when he takes over in May? |
Re: Nigeria’s External Reserves Climb Back To $42b by Grayxme: 3:23pm On Nov 30, 2018 |
No doubt the economy of the Nation is revamping and I must commend the effort of the FG to stabilize the economy after it was messed by the 16 years of the PDP...Better days indeed are ahead 6 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by supereagle(m): 3:25pm On Nov 30, 2018 |
NaijaOlosho: Find out the amount GEJ left with oil boom and compare what PMB did to raise it without oil boom. PDP is a curse to Nigeria. 5 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by supereagle(m): 3:27pm On Nov 30, 2018 |
heskeyw: Open the vault of CBN and loot Nigeria dry. 2 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Iyawo22(f): 3:33pm On Nov 30, 2018 |
SimplePlan34:its crystal clear your not even a primary school graduate..... Everlasting bastard!!FOR THOSE WAILING THAT BABA IS NOT EDUCATED. CV OF MY MUHAMMADU BUHARI GCFR Born in Daura, Katsina State, on 17 December 1942 Education Attended Primary School in Daura and Mai’adua, 1948-1952 Attended Katsina Model School in 1953 and Katsina Provincial Secondary School (now Government College Katsina) from 1956-1961. Joined the then Nigerian Military Training School, Kaduna in 1963. Attended Officer’s Cadet School in Aldershot (United Kingdom), October 1963 Attended Platoon Commanders’ Course at the Nigerian Military College, Kaduna, 1964 Attended the Mechanical Transport Officer’s Course at the Army Mechanical Transport School in Borden (United Kingdom) 1965 Studied at the Defence Services’ Staff College, Wellington (India), 1973 Attended the United States Army War College, June 1979 to June 1980. Military Career Platoon Commander, 2nd Infantry Battalion, 1963-1964; Mechanical Transport Officer, Lagos Garrison, 1964-1965; Transport Company Commander, 2nd Infantry Brigade, 1965-1966; Battalion Adjutant/Commander, 2nd Infantry Brigade, 1966-1967; Brigade Major, 2nd Sector, 1st Infantry Division, April to July, 1967; Brigade Major, 3rd Infantry Division, August 1967 – October 1968; Acting Commander, 4th Sector, 1st Division, November 1968 – February 1970; Commander, 31st Infantry Brigade, 1st Infantry Division, February 1970 – June 1971; Assistant Adjutant-General, 1st Infantry Division Headquarters, July 1971 – December 1972; Colonel, General Staff, 3rd Infantry Division Headquarters, January 1974 – September 1974; Acting Director Supply and Transport, Nigeria Army Corps Headquarters, September 1974 – July 1975; Military Governor, North Eastern State of Nigeria, August 1975 – March 1976; Federal Commissioner for Petroleum Resources, March 1976 – June 1978 Chairman, Nigerian National Petroleum Corporation, June 1978 – July 1978; Military Secretary, Army Headquarters, July 1978 – June 1979; Member, Supreme Military Council, July 1978 – June 1979; General Officer Commanding, 4th Infantry Division, August 1980 – January 1981; General Officer Commanding, 3rd Armored Division, November 1981 – December 1983; Head of State and Commander-in- Chief of the Nigerian Armed Forces, December 1983 – August 1985. Appointments outside the military Executive Chairman of the Petroleum (Special) Trust Fund (PTF), 21 March 1995 – May 1999. Awards and Medals GCFR: Grand Commander of the Federal Republic of Nigeria DSM: Defence Service Medal NSM: National Service Medal GSM: General Service Medal LSGCM: Loyal Service and Good Conduct Medal FSS: Forces Service Star CM: The Congo Medal Honorary Doctorate Degrees 10 December 1994: Honorary Doctor of Science degree (honoris causa) conferred on Buhari by Abubakar Tafawa Balewa University, Bauchi. 21 December 1996: Honorary Doctor of Letters degree (honoris causa) conferred on Buhari by the University of Calabar. 6 June 1998: Honorary Doctor of Law degree (honoris causa) conferred on Buhari by Benue State University. Family life 7 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Nobody: 3:34pm On Nov 30, 2018 |
So you approximated $41.992 billion dollars to $42 billion dollars. Did you know that that is a difference of $8 million dollars? That $8m dollars is equivalent to 2.88 billion naira using current exchange rate! That money can transform the life of many people. Bia OP be kiaful. Don't approximate our money again. |
Re: Nigeria’s External Reserves Climb Back To $42b by plaetton: 3:35pm On Nov 30, 2018 |
dipoolowoo:Deceptive news. For reserves to be climbing while oil revenues are declining , it only means that there has been increased foreign borrowing. The government counts it's Eurobond sales as a foreign reserve increase, which, technically it is. But to publish it out of context as an achievement is deceptive and mischievous. |
Re: Nigeria’s External Reserves Climb Back To $42b by plaetton: 3:38pm On Nov 30, 2018 |
Grayxme: I can't stop laughing . Which nation is this one referring to ? Or do you live in a Nigeria of an alternate universe ? |
Re: Nigeria’s External Reserves Climb Back To $42b by dalongjnr: 3:40pm On Nov 30, 2018 |
NaijaOlosho:you are not serious o,can u imaging! How was the external foreign reserve before buhari? 3 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Phred1717: 3:40pm On Nov 30, 2018 |
With that amount of money and the country is still in recession. Everything dies at the mention of APC |
Re: Nigeria’s External Reserves Climb Back To $42b by Cajal(m): 3:43pm On Nov 30, 2018 |
PMB FIGHT BACK 1 Like |
Re: Nigeria’s External Reserves Climb Back To $42b by AZeD1(m): 3:44pm On Nov 30, 2018 |
theoldpretender:Foreign reserves is not the same as savings. |
Re: Nigeria’s External Reserves Climb Back To $42b by Cajal(m): 3:44pm On Nov 30, 2018 |
PMB FIGHTS BACK 2 Likes |
Re: Nigeria’s External Reserves Climb Back To $42b by Andy2274: 3:45pm On Nov 30, 2018 |
GavelSlam:. Read more books. Have you asked yourself why we have such money and we can't finance our budget? People are still suffering? We are still owning? The reason for having more money in external reserve is for the country to borrow more from world bank. Google is your friend don't just waste data and b a follow follow man |
Re: Nigeria’s External Reserves Climb Back To $42b by Charly68: 3:46pm On Nov 30, 2018 |
Low oil price yet external reserve is growing ,we should salute the prudency of this Govt..Buhari is not a waster . 4 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by arrestdarrester: 3:47pm On Nov 30, 2018 |
Foreign reserve dey do yoyo up and dan since 2015. Him only rise by 50% since then. Meanwhile him twin brother (External Debt) don rise by 100+ %. Who see 2 of then now no go know say dem be twins |
Re: Nigeria’s External Reserves Climb Back To $42b by famosh: 3:49pm On Nov 30, 2018 |
Emily22:You should know that majority of the people on this site are PDP sycophants from a certain landlocked region of this country! 5 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by lawrence35(m): 3:55pm On Nov 30, 2018 |
enemyofprogress: Nice |
Re: Nigeria’s External Reserves Climb Back To $42b by Akiika: 4:00pm On Nov 30, 2018 |
NaijaOlosho: You don't even understand the post. You just acted on your confirmatory bias. Sigh!!! Well, it's a good thing when external reserve climbs up. Olodo rabata! 2 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by Felixv: 4:07pm On Nov 30, 2018 |
as long as pdp and their chief looters don't get near CBN again we would make progress... athithief can rule in aba market. 3 Likes 1 Share |
Re: Nigeria’s External Reserves Climb Back To $42b by KanwuliaExtra: 4:10pm On Nov 30, 2018 |
Internal poverty level climbs to 90%! |
Re: Nigeria’s External Reserves Climb Back To $42b by SimplePlan34: 4:15pm On Nov 30, 2018 |
Iyawo22:Ur d bigger bastard |
Re: Nigeria’s External Reserves Climb Back To $42b by SimplePlan34: 4:16pm On Nov 30, 2018 |
Colourich: Keynesian economist is d exact opposite govt should not save when Der is a downturn but spend on key sectors of the economy that will bring it back to life. |
Re: Nigeria’s External Reserves Climb Back To $42b by SimplePlan34: 4:20pm On Nov 30, 2018 |
Iyawo22: Adress issues not ur stupid insult under stupid monikers. Foolish economist with no brain. I guess dats while u are called zombies. 42 billion dollars in a account yet no jobs no good roads agriculture zero and u shouting crystal clear if dats crystal clear to u den u are just as dumb as d word dumbass. |
Re: Nigeria’s External Reserves Climb Back To $42b by sirfemoz(m): 4:24pm On Nov 30, 2018 |
What will it profit a man to have billions in his bank account and die of malnutrition? |
Re: Nigeria’s External Reserves Climb Back To $42b by Nobody: 4:43pm On Nov 30, 2018 |
SimplePlan34:Keynesian economists encourages government spending and lowering of taxes but it never discouraged government saving no matter how small. If government doesn't save, how will it be able to embark on future projected projects and investments, also pay salaries? |
Re: Nigeria’s External Reserves Climb Back To $42b by Shookonekilla: 4:47pm On Nov 30, 2018 |
They just write anything in the media and expect us yo believe it Fraudsters Apc is useless |
Re: Nigeria’s External Reserves Climb Back To $42b by NiajaXionist: 4:56pm On Nov 30, 2018 |
NaijaOlosho:You will soon become Lunatic. Like it or not PMB is the next president. Keep hurting yourself. 1 Like |
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