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Nairaland Forum / Nairaland / General / Politics / Foreign Reserves Gained $1.52bn In Four Weeks. (6755 Views)
Buhari Extends Eased Lockdown By Four Weeks / Foreign Reserves Shed $5.09bn In Four Months / British court orders Irish firm to seize $9b Nigeria’s foreign reserves (2) (3) (4)
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Hez143(m): 7:39am On Dec 19, 2018 |
this is why Atiku and obiliar wants to come into power,to loot the reserve dry,never to pdp agaain in nigeria,never to free money flying everywhere! sai baba we know!!! sai baba we want!!! sai baba till 2023 1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by deomelllo: 7:40am On Dec 19, 2018 |
1 Like 1 Share
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Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Mankosi: 7:40am On Dec 19, 2018 |
It rose on the newspapers |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Guestlander: 7:43am On Dec 19, 2018 |
Bad news for PDP. Yam they cannot touch. 1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by sotall(m): 7:44am On Dec 19, 2018 |
RealityShot:how do I start schooling you that Nigeria population is about 180m? |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Nobody: 7:46am On Dec 19, 2018 |
QuotaSystem:A Big Amen my brother. Blessings to all who blessed Nigeria. And curses to everyone who curse her. Chikena! 3 Likes 2 Shares |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by RealityShot: 7:48am On Dec 19, 2018 |
sotall:don't teach me what yo don't know. that figure you are mouthing is wrong! proove otherwise... 1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by deomelllo: 7:48am On Dec 19, 2018 |
Mankosi: You are angry and upset because it did not rise inside your looting and stealing PDP uncle's foreign bank accounts 2 Likes 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by AlhajaChinyere: 7:48am On Dec 19, 2018 |
figur: Get some education please. 1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by sotall(m): 7:50am On Dec 19, 2018 |
RealityShot:Pls get off my mentions and do what you were paid to do like your colleagues on this thread |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by deomelllo: 7:50am On Dec 19, 2018 |
1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by naijapips04: 7:56am On Dec 19, 2018 |
StOla:how much were u buying petrol? |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by GreenArrow2: 7:57am On Dec 19, 2018 |
May the souls of all those who will die this morning out of hatred for this news item, rest in peace, Amen. |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by ugo227(m): 8:01am On Dec 19, 2018 |
With 2018 budget implementation at less than 20% what is there to celebrate ?? deomelllo: |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Oweku: 8:03am On Dec 19, 2018 |
This is what you hear, yet the joblessness increases, the insecurity increases, so who is deceiving who.. This same old hargs will do everything possible to get our vote at end nothing to show for it... The only county on earth that it politicians promise the same thing every 4 years... Light, good roads, jobs, Education APC and PDP are the thieves, we don't need them.. Let's grow up.. If Buhari where to b your father he will call you leaders of tomorrow, you are about 40years old now, he still calls you leaders of tomorrow, which tomorrow my brother.. Vote for young and vibrant man with visions and idea... Vote African Action Congress, AAC Vote Omoyele Sowore for a better Nigeria �� join the moving train.. Get paid for browsing, for free... Click my signature below |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by GlorifiedTunde(m): 8:12am On Dec 19, 2018 |
StOla: Go bless you my brother. 1 Like 2 Shares |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Anglojosite7(m): 8:16am On Dec 19, 2018 |
The coast is clear. Next Level here we come. 1 Like 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by 4Mea: 8:19am On Dec 19, 2018 |
And I have just lost over $90 due to high inflation in this country |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by rottennaija(m): 8:26am On Dec 19, 2018 |
sotall: If we had a strong foreign reserve, 80m Nigerian would never had felt the strong impact of recession as they did 2 Likes 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by sotall(m): 8:32am On Dec 19, 2018 |
rottennaija: Is Nigeria still in recession?? |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Ovamboland(m): 8:33am On Dec 19, 2018 |
sotall: Aha, they should use the reserves to import rice and toothpicks so that nothing will be left to pay for critical energy and essential imports. Then we will have the Venezuela situation. You will cry for the return of Buhari once the ravenous wolves take over, only then it will be too late. 4 Likes 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by sotall(m): 8:38am On Dec 19, 2018 |
Ovamboland: Which is essential to the people, food for their survival or critical energy and essential imports? Meanwhile a wise government doesn't need to import food. It grows it's own food |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Oblang(m): 8:48am On Dec 19, 2018 |
naijapips04: So PDP used all our money for their fraudulent subsidy? |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Nobody: 8:51am On Dec 19, 2018 |
adecz: Those hungry should go get something doing Agriculture is a lucrative business and it getting government attention So only lazy man like u will b shouting cos u believe he will b sharing and u will start bashing him again Good morning 2 Likes 1 Share |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by adecz: 9:07am On Dec 19, 2018 |
olagbola55: Only a brainless 'hailer' like you, think that agriculture is just to carry hoe & start hitting the ground. Do you know how difficult & expensive venturing into agriculture has become under this inept govt? Go & check simple input like seeds, fertilizer, herbicides have become due to bad policies. Fertilizer under past govt didn't go beyond 5k, but it sometime went to 13k under Bubu. Why do you think that locally produced foodstuff are so unaffordable by the citizens? It is a direct result of bad policies. People like you think that high cost of agricultural produce is sign of progress, not knowing it is symptomatic of an inefficient system. I pity you that has been brainwashed by Alh. Liar Mohammed. Continue to be bamboozled by fake, childish propaganda ( targeted at your type) until you finnd yourself in the NeXt Level of ignominy. |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by gbigbega: 9:13am On Dec 19, 2018 |
adecz: My brother I was about to say something similar. This year alone they have only release 10% of the budget for infrastructure. 10% of what is meant for the nation. its so sad and wicked. yet some hungry people will still come here and tell us he is the best. These are the people that makes the Oyinbos call Nigerians Monkeys. |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by StOla: 9:14am On Dec 19, 2018 |
sotall: Would there have been a recession at all if Jonathan had not wiped away all savings, and rather than take the foreign reserves from $47 beyond $100b, it plummeted to $29b? Would Okonjo-Iweala have had need to borrow N470b to pay civil servant salaries, if the FG had done well with the windfall from 2010 to 2014? Or you expect a magic wand solution to the bankruptcy executed by PDP? 1 Like |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Reference(m): 9:18am On Dec 19, 2018 |
Good. You added N1.52 kobo to your savings. Then what. It is a means to prosperity. It is not an end so it cannot be counted as an achievement. It does not immediately address our problems which I continue to emphasize is the patent lack of productivity. As a nation we are just not earning enough to progress, to keep up with the pace of our population growth. I reminded some folks just yesterday. Oil which remains our mainstay gold laying goose has been stuck around dropping 2 million eggs for some two decades or so from when our family had 120 million bellies to fill till now when we have added another third, 60 million empty plates. So to be at or to return the poverty levels of the Abacha era we need a daily oil output of some 3 million barrels per day which is not even on the cards, so where is this shortfal some 5 trillion coming from... The fact is that Nigerians are poorer by the year by default simply because our economy is not generating new cash. We are not prepared by structure to find the new oil reserves. This is the mandate of government and the barometer by which its economic programs, successes and failures should be judges, not foreign reserves that are pitifully meagre compared to its massive debt counterpart. |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by adecz: 9:18am On Dec 19, 2018 |
gbigbega: Yes ohh. Many people on this forum are half educated & incapable of critical independent reasoning. They believe anything they are told by govt or read on social media. |
Re: Foreign Reserves Gained $1.52bn In Four Weeks. by Reference(m): 9:18am On Dec 19, 2018 |
Good. You added N1.52 kobo to your savings. Then what. It is a means to prosperity. It is not an end so it cannot be counted as an achievement. It does not immediately address our problems which I continue to emphasize is the patent lack of productivity. As a nation we are just not earning enough to progress, to keep up with the pace of our population growth. I reminded some folks just yesterday. Oil which remains our mainstay gold laying goose has been stuck around dropping 2 million eggs for some two decades or so from when our family had 120 million bellies to fill till now when we have added another third, 60 million empty plates. So to be at or to return the poverty levels of the Abacha era we need a daily oil output of some 3 million barrels per day which is not even on the cards, so where is this shortfal some 5 trillion coming from... The fact is that Nigerians are poorer by the year by default simply because our economy is not generating new cash. We are not prepared by structure to find the new oil reserves. This is the mandate of government and the barometer by which its economic programs, successes and failures should be judged, not foreign reserves that are pitifully meagre compared to its massive debt counterpart. |
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