Kiss my ass fuckerz

Iogobenz:
A country with a GDP of $450B isn't a producing economy?
Then what is?

Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP?

Ehiscotch:
This should normally be bad news as a lower dollar to naira exchange rate encourages massive importation thus encouraging consumerism.

But since we want all the borders opened and 1 dollar to one naira; let's embrace importation of everything from pencil to toothpick because no manufacturing sector can compete locally and internationally.

I wish the dollar stays high but local production be ramped up to meet national demand and some products with which we have high comparative advantage (ability to massively supply) should be banned.

do you manufacture electronics??.....you

Please change the headline.....

How's that a bounce back?

Heartlessbanker:
you no go read and understand before you comment, smh

Are you dull?

What am I suppose to read to understand? Will what was written change the fact that 470 to a dollar makes no difference since it is not the one naira to a dollar we were promised in 2015?

lexy2014:


Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP?

Go and educate yourself properly before you come and expose your ignorance.
GDP=Gross Domestic Product.
Doesn't this tell you that this function is a measure for productivity?
Despite devaluations,GDP still stands at the same value or close to where it was pre devaluation,this should tell you that the naira value of GDP increased,ie productivity has been increasing....

Ehiscotch:
This should normally be bad news as a lower dollar to naira exchange rate encourages massive importation thus encouraging consumerism.

But since we want all the borders opened and 1 dollar to one naira; let's embrace importation of everything from pencil to toothpick because no manufacturing sector can compete locally and internationally.

I wish the dollar stays high but local production be ramped up to meet national demand and some products with which we have high comparative advantage (ability to massively supply) should
be banned.

For your mind now, you think you know what you are saying. Smh

Bounce back indeed.

makanma:
do you manufacture electronics??.....you

You cannot manufacture everything as a nation,you'd import some then produce some.
Balance of trade exists for a reason...

Biglittlelois:


Are you dull?

What am I suppose to read to understand? Will what was written change the fact that 470 to a dollar makes no difference since it is not the one naira to a dollar we were promised in 2015?

It shows the mediocre home training your mother gave you; insulting people even when your tiny brain couldn't comprehend what was being said.
further mentions will be ignored.

Iogobenz:
Go and educate yourself properly before you come and expose your ignorance.
GDP=Gross Domestic Product.
Doesn't this tell you that this function is a measure for productivity?
Despite devaluations,GDP still stands at the same value or close to where it was pre devaluation,this should tell you that the naira value of GDP increased,ie productivity has been increasing....

Professor, with all ur education, u are yet to answer d following questions:

Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP?

Biglittlelois:


Are you dull?

What am I suppose to read to understand? Will what was written change the fact that 470 to a dollar makes no difference since it is not the one naira to a dollar we were promised in 2015?

Political gimmicks.

... absolutely impossible.

Little sign of relief









For your car tracking services and installation, check my signature

They can try all they want, but it is just a matter of time before the naira will be exchanging for 550 against the dollar

The CBN last week at the MPC meeting warned Financial analysts and media officials to stop using figures from the 'parallel/black market' to determine the price of the Naira!
As at today the official price of the Naira per Dollar is far less than what is reported in this post!
We have to stop the 'black market',its a dubious market!

lexy2014:


Professor, with all ur education, u are yet to answer d following questions:

Is it GDP that makes nigeria a producing economy with regards d devaluation of d naira against d dollar? Is production d only way of measuring GDP?

I cannot answer an incoherent question sir.
Please go and ask any smart person around you this same question,then get back to me on his response.
I say smart person ooo,not a hoodlum
How else is GDP measured asides productivity?
I really was looking to exchange knowledge and probably learn from you,apparently I was wrong.

Sai baba

Ehiscotch:
This should normally be bad news as a lower dollar to naira exchange rate encourages massive importation thus encouraging consumerism.

But since we want all the borders opened and 1 dollar to one naira; let's embrace importation of everything from pencil to toothpick because no manufacturing sector can compete locally and internationally.

I wish the dollar stays high but local production be ramped up to meet national demand and some products with which we have high comparative advantage (ability to massively supply) should be banned.

What rate is best for naira

Give us a value?

Bounces back at 470? When will it bounce back to the N200 it was under Jonathan?

Ehiscotch:
This should normally be bad news as a lower dollar to naira exchange rate encourages massive importation thus encouraging consumerism.

But since we want all the borders opened and 1 dollar to one naira; let's embrace importation of everything from pencil to toothpick because no manufacturing sector can compete locally and internationally.

I wish the dollar stays high but local production be ramped up to meet national demand and some products with which we have high comparative advantage (ability to massively supply) should be banned.

My brother can you explain why dollar was less during Gej regime despite the the high rate of importation then, unlike now that we have less importation....
I don't think Importation is the only reason why there is devaluation

Should we be happy? Is this equivalent to N1 or N50. This country sef.

is this a bounce back?

DennisEche:
MCHEW, YOU CALL 470 BOUNCE BACK.
A MAN WHO PROMISED TO MAKE 1 NAIRA EQUATE ONE DOLLAR.
OGUN GO KILL ALL THE ZOMBIES THAT SUPPORTED AND STILL SUPPORTING THE DULLARD

According to Useful Idiot Gravelslam, Buhari never made such a promise.

Jostoman:
No be only bounce back na somersault.

obodo Nigeria

Imagine; bounce back. This country is a disgrace to the world

nairavsdollars:
Just because Davido cried that he changed 1 dollar at N500, they quickly did abracadabra to being it to N470. Its going back to N600

Lol, you dey vex gaan.

It's expected that dollar will fall in December. One of the most well-recognized seasonality in USD is that it usually falls in December. One of the reasons is that people are converting to local currencies for their Christmas vacation.

I expect naira to fall to #520 or more per dollar by the end of January, unless Oil prices get significantly above $50 per barrel.

APC as a party are in short supply of men of integrity reason everybody end up as a praise singer. Once their mannequin economic principles that keeps the nation in a hollow block is shamed, instead of brainstorming to find a lasting solution that'll get peoples hope restored, they'll rather adopt a short cut procedure that'll end up making them a laughing stock. By the time the said dollar rebounds against this abracadabra reduction it may go as high as 600. It baffles me how God will confer his good will on a few people to govern a prosperous nation as Nigeria and all they do is turn it into a grazing field. Whereas I'm apolitical, God save Nigeria!

You call 470 naira to a dollar bouncing back

What happen to #1=$1 that was promised in 2015

Promise cancelled

As long as that man is still there, the dollar may enter 1,000.

Bouncing naira kwa

What's there to celebrate it will still go bk to factory reset