The President Buhari keeps breaking records!

The shithole is on a cliff edge....

Standing5:

Local good? If covid 19 couldn't force an atom of better local healthcare, I wonder what mere human encouragement of local good will do. Commonsense dictates we sell other natural resources. Illegal miners are already selling it, all we have to do is change who receives the proceeds and add it to oil forex which is presently low.

I insist it's not sustainable. What quantity of gold does Zamfara have to improve our exchange rate? (I don't have that figure)

Do you know how much Nigeria makes from petrodollars just to keep dollar at nearly #500/$?

The Chinese almost blocked all foreign products just to grow their local economy. Today, they are doing well. Gold or no gold, Buhari needs to have a sustainable, long-term strategy.

Some things that sound logical are not economically viable. Nigeria must depend on its local economy to survive, and those in power must be seen doing what they encourage others to do.

ALL THE PRESIDENTDS THAT CAME TO RULE NIGERIA IMPOSED THE DOLLAR ON US AND IT HAS NEVER GONE DOWMN
PUT DINO MELAYE AS THE CBN GOV TODAY AND A DOLLAR WILL GO FOR A MILLION
HE WAS AN 8 -YRS SENATOR...ONLY GATHERING DOLLARS ...UNTIL HIS MEKUNNUS TOLD HIM OTOOO...GEE!!
THROWWBACK NONESENSE! .....BUHARI & EMEFIELE EITHER ARE NOT BETTER

Dino do not need to Prophesy.
We all saw it coming.
We all saw the endsars Protest coming.
Now revolution is Loading ⏳.
The beauty of the revolution is it will start from the very North till it fill the entire Nation.
Prepare for WAR.�

ILoveDemMANNA:
Melaye, you are one of the unfortunate thieves in this nation.
Not different from your fellow criminals.
He will say the fact and still share the money with them behind closed door,
Werey dey disguise!
May all politicians that stole from our national treasury never end well in life.
No matter the party you all are or run to.
Bastards that destroyed the foundation of our nation.


E don open church tey tey nah

Including Buhari

God will do your life the way Buhari is doing nigeria


Say Amen to that. Then I will believe your darling daddy Buhari is a good man

SmartPolician:


I insist it's not sustainable. What the quantity of gold does Zamfara have to ramp up our exchange rate? (I don't have that figure)

Do you know how much Nigeria makes from petrodollars just to keep dollar at nearly #500/$?

The Chinese almost blocked all foreign products just to grow their local economy. Today, they are doing well. Gold or no gold, Buhari needs to have a sustainable, long-term strategy.

Some things that sound logical are not economically viable. Nigeria must depend on its local economy to survive, and those in power must be seen doing what they encourage others to do.

All our attempt at blocking foreign alternatives led to either destructive smuggling or monopoly that even more unfair. Cement story is about to repeat in oil refining. Be doing copy and paste of policies there. What works for China may never work for us.

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

I am always excited when i read informed contributions like this on Nairaland. Many people post without simple knowledge of economics or how world economies run.
Thanks alot.

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

I am always excited when i read informed contributions like this on Nairaland. Many people post without simple knowledge of economics or how world economies run.
Thanks alot.

No one observed the real problem we have in Nigeria in this video. Did you see another senator counter Dino immediately just to shut down the truth? Now that's our problem.

this man is always pushed out neglected and he comes back stronger and higher

Our able leader Mazi Okwu Nnamdi Kanu foresee those things and some efulefus still keep dumb ear

Standing5:
Retárds every where. Didn't you see bitumen and uranium there? Bástards everywhere.

As long as you do not have a manufacturing and power sector that works, if you like sell all the gold and bitumen in this world, your currency would struggle.

LightAunt:
They are all the same thing.


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All this scammers self

He was correct after all.

The cluesless last cowbender had nothing to offer.

Zombies keep living in delusion.

These clowns have failed big time.

Okuda:


As long as you do not have a manufacturing and power sector that works, if you like sell all the gold and bitumen in this world, your currency would struggle.

Animals everywhere. Go and start the manufacturing now.

Standing5:
Animals everywhere. Go and start the manufacturing now.

Mumuni Alao

Okuda:


Mumuni Alao

Mumini Alao it is, point of correction. Bastárds and retárds everywhere.

ILoveDemMANNA:
Melaye, you are one of the unfortunate thieves in this nation.
Not different from your fellow criminals.
He will say the fact and still share the money with them behind closed door,
Werey dey disguise!
May all politicians that stole from our national treasury never end well in life.
No matter the party you all are or run to.
Bastards that destroyed the foundation of our nation.


E don open church tey tey nah

Oga, poverty is not caused by loss but by lack of productivity. It is a balance between income and expenditure. Losses are a constant in every aspect of life. The world will rebound from the pandemic because they have the tools for limitless productivity. Will your country follow? A dollar to N500 is not because of what is stolen but because of the imbalance between what we consume and what we produce, simple.

So everything from Chinese trains, Japanese Toyota Land Cruisers, European Soccer Rights, Mikano Generating sets, and all the fancy stuff in the Shoprites of this country, all legitimate items of consumption and expenditure will continue to weigh down on our currency until we begin to domesticate them even if not a penny is stolen.

Our tastes and wants and needs will always outperform all the oil and gas from the swamp and sea and all the cash crops and punny mineral ores we dig up and manage to scramble out to foreign markets including all the forex our aliens abroad remit home.

We need a goverment skilled at putting Nigerians to creative, productive and import substituting work. Not chasing shadows or doling peanuts to insignificant numbers who see their newly found 'wealth' vaporise under the heat of inflation.

100 to 1 you will see people, companies, organisations and nations going broke or bankrupt because they lost their jobs and income rather than lost their properties or possessions.

we're expecting one Naira to one dollar as our government promise us

[color=#006600][/color]

ILoveDemMANNA:
Melaye, you are one of the unfortunate thieves in this nation.
Not different from your fellow criminals.
He will say the fact and still share the money with them behind closed door,
Werey dey disguise!
May all politicians that stole from our national treasury never end well in life.
No matter the party you all are or run to.
Bastards that destroyed the foundation of our nation.


E don open church tey tey nah

Yes malaye is probably a thief but the overall question here is dino malaye right with the prediction or not ?

Is 1$=500 ?
Is nigeria a chronic borrowing nation or not ?

I don't know why unfortunate nonentites like you are always fast to attack the messenger while ignoring the message.

Let me make your daily activities an enjoyable one. Go to your Audiomack, search "NIGERIAN MIX - DJ KHAYPEE" and enjoy sweet mixtapes.

sammysneh:
Prediction without solution don't make any sense

The solution is in the video

2019 is just last year when dollar had already crossed N400.

Dangote predicted this in 2016, during the first recession under the general.

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

Hey what I'm reading. There will be plenty of dollars to go round and it will crash to even #100 or #50 to a dollar please oooooo people join me in laughing ooooooo
Oga a dollar to #100 will be after restructuring of this country

gideonite98:
So? What's there to brag about?
God punish all politicians both the former ones and present ones
God punish all political parties most especially APC and PDP
They all caused our misfortune and failure as a country.
Soon e go reach #1000 if something is not done
Stupid unfortunate politicians

God punish Buhari

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

No it isnt.
Its all about demand and supply. Nigeria imports ALMOST all her consumables making demand for dollars very high coupled with falling income in dollars from the FG to back it up. To strengthen the Naira, we must consume more of what we produce and produce what we normally import

Is Nigeria not a borrowing nation idiot

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

You couldn’t be more correct, the black man has a problem, and Nigeria the supposed beacon of the black race is clear proof.

shut up, he said end of may 2019.

bukkysam:
Nigeria is going down with full speed. mmmmmmmmmmmm



We need Gods intervention

So the other African Countries that are doing extremely well than Nigeria what intervention are they using