vicfajeze:
IT BAFFLES ME TOO

oz4real83:
I have always said it that every successive govt this country has ever had,have always taken us into deeper mess. The military took the naira from N0.658 to the dollar and dumped it at about N88/dollar by 1999. The Pdp took it from that point and dump it at about N300/dollar by 2015. Apc took it from that point to even up to N530/dollar at some point. The same sets of individuals keep recycling themselves in different forms in govt and that is why we keep getting the same results.

oz4real83:
I have always said it that every successive govt this country has ever had,have always taken us into deeper mess. The military took the naira from N0.658 to the dollar and dumped it at about N88/dollar by 1999. The Pdp took it from that point and dump it at about N300/dollar by 2015. Apc took it from that point to even up to N530/dollar at some point. The same sets of individuals keep recycling themselves in different forms in govt and that is why we keep getting the same results.

oz4real83:
I have always said it that every successive govt this country has ever had,have always taken us into deeper mess. The military took the naira from N0.658 to the dollar and dumped it at about N88/dollar by 1999. The Pdp took it from that point and dump it at about N300/dollar by 2015. Apc took it from that point to even up to N530/dollar at some point. The same sets of individuals keep recycling themselves in different forms in govt and that is why we keep getting the same results.

Ugoplan:
This currency will not stop depreciating until a law or a bill is passed to monitor what the president , senate president , speakers , reps , governors has done each year, and to probe each of then at the end of each year.
If not nothing will move on in this country. Since all of them knows that once they finished 4 year term, they will go for another term or another position. So until they are been probe each year ,jail the failure once,nothing will move in this country

olujastro:
IBB through his IMF-induced Structural Adjustment Programme initiated the death of the Nigerian naira.
Abacha added his own to it and afterwards, successive PDP governments gave the naira 1000% loss of value from about N20/$ they met it to N200/$.
Sharp decline in oil prices from 2014 led us to another 80% decline in value to the current N360/$.

IBB and PDP are the worst things to ever happen to Nigeria.

kennygee:


If you check, from the times when the naira was 0. against the dollar, we had a vibrant economy and exports.

Since we started depending on oil, down went our economy, the dollar started controlling the market.

olujastro:
IBB through his IMF-induced Structural Adjustment Programme initiated the death of the Nigerian naira.
Abacha added his own to it and afterwards, successive PDP governments gave the naira 1000% loss of value from about N20/$ they met it to N200/$.
Sharp decline in oil prices from 2014 led us to another 80% decline in value to the current N360/$.

IBB and PDP are the worst things to ever happen to Nigeria.

oz4real83:
I have always said it that every successive govt this country has ever had,have always taken us into deeper mess. The military took the naira from N0.658 to the dollar and dumped it at about N88/dollar by 1999. The Pdp took it from that point and dump it at about N300/dollar by 2015. Apc took it from that point to even up to N530/dollar at some point. The same sets of individuals keep recycling themselves in different forms in govt and that is why we keep getting the same results.

rusher14:
Nigerians.

When would you realise no country can be prosperous if it doesn't produce?

You are 200 million people depending on 2 million barrels of oil a day.

Your entitlement if oil is sold at 100 dollars per barrel (which it isn't) is 1 dollar a day.

Go out and produce.

For how long would you continue to lament?

Day after day, year after year.

Produce and serve if you would be complaining about the exchange rate.

thoollz:
And one akamu somewhere will say Nigeria is going to get better. It can only get worse. Stop giving yourself false hopes, grab your future by yourself. Nigeria is not going to be great with the people living in it.

Patosky4U:





Negative mind set....... we believe that our country shall be great again and children of hate and bad look like you should go and drink sniper

oz4real83:
I have always said it that every successive govt this country has ever had,have always taken us into deeper mess. The military took the naira from N0.658 to the dollar and dumped it at about N88/dollar by 1999. The Pdp took it from that point and dump it at about N300/dollar by 2015. Apc took it from that point to even up to N530/dollar at some point. The same sets of individuals keep recycling themselves in different forms in govt and that is why we keep getting the same results.

henryadex:
Thr rates aren't acurate i bought dollar in 1983 for 67kobo at Barclay's bank no union bank

barron2094:



The PDP left it at N186/1$. It skyrocketed to N300/1$ within months of the APC. In 16 years the PDP increased the exchange rate by less than 120% but in less than 6 months the APC increased by more than 120%. It's clear that the incompetence of the APC, their wrongly formulated fiscal policies and their inability to even implement those policies is the reason why Nigeria is in this moribund situation. The PDP certainly could have done better but the APC made promises to Nigerians, promises of a better future yet in four years they have effectively destroyed our future.