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Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira (4133 Views)

I'm Shocked To Hear What Buhari’s Ex-Ministers Are Saying About Him - Kukah / Benin Republic Slams CFA 2M On Nigeria Cargoes In Retaliation For Border Closure / Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ (2) (3) (4)

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Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by brown3: 9:41am On Oct 16, 2021
oyatz:


Before Buhari, did you bother to ask why the Naira depreciated from #1= $1.5 in 1978 to #200= $1 in 2015?

Why the downward trend with each regime?

My post is NOT about excuses for Buhari or anyone.

If you study the Nigerian economy, you will see that the economic indices worsen with each succeeding regime.


If we are to use the exchange rate as a parameter, why is the Naira declining in values with each regime?

What were the values of the Naira in;
1) 1980
2) 1985
3) 1990
4) 1995
5) 2000
6) 2010
7) 2020?


* If we remain in this path, the Naira will be around #800= $1 by 2026 irrespective of who is the president.
it wouldn't have been this bad if someone else is the president, he cause inflation in 1983 he is also doing the same again. He has cause more damage than any other government put together.

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Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by SRAROFDAVID: 10:02am On Oct 16, 2021
What did we do to fu!ani people, they have finished us patapata
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by ngreel(f): 10:11am On Oct 16, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.
shameless human beings your life be like the present situation of Nigeria now Amen
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by SRAROFDAVID: 10:12am On Oct 16, 2021
DubaiLandLord2:
K!

Una no dey get candidate, but nah to dey bad mouth Bola Ahmed Tinubu... Issokay!

BAT 2023
what did you see in tinubu, what can dying rogue man do for you
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 10:13am On Oct 16, 2021
brown3:
it wouldn't have been this bad if someone else is the president, he cause inflation in 1983 he is also doing the same again. He has cause more damage than any other government put together.

You can open another thread specifically to discuss the failures of the Buhari-led Administration.



In my own opinion,Buhari deserve his criticism because he knew all the problems before putting himself forward for elections. He failed to stop Nigeria from being a comsumming country, let alone transform it to a productive country.


If Nigeria must move forward, we must become an industrialized country.
There is no country that is economically developed by collecting rents from the sales of raw materials like crude oil and using the rent to import virtually everything from Tomatoes paste to tookpicks.

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Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 10:14am On Oct 16, 2021
SRAROFDAVID:
what did you see in tinubu, what can dying rogue man do for you

Relax bros, Atiku is cuming.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by SRAROFDAVID: 10:34am On Oct 16, 2021
oyatz:


Relax bros, Atiku is cuming.
atiku is not cuming anything, rather Obi is coming
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by SRAROFDAVID: 10:36am On Oct 16, 2021
oyatz:


You can open another thread specifically to discuss the failures of the Buhari-led Administration.



In my own opinion,Buhari deserve his criticism because he knew all the problems before putting himself forward for elections. He failed to stop Nigeria from being a comsumming country, let alone transform it to a productive country.


If Nigeria must move forward, we must become an industrialized country.
There is no country that is economically developed by collecting rents from the sales of raw materials like crude oil and using the rent to import virtually everything from Tomatoes paste to tookpicks.
what Nigerians actually expects from a Fulani man is what I don't understand
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Lovelive: 11:08am On Oct 16, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.


I can't find your brain



I hope it isn't your village people that has cursed you.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by edoairways: 11:30am On Oct 16, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.
Then why did he take that office? Buhari has no excuse to give
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by laiperi: 3:36pm On Oct 16, 2021
There is more to the failures of Nigeria than Yar'Adua, Jonathan and Buhari feeding on FAT of the land.

It is systemic, endemic with viciousness against Nigeria. It emanates from prodigals in individual families.

We went from arrogance and ostentatious display of free money to chronic beggars in countries as small as Cape Verde.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by redsun(m): 4:12pm On Oct 16, 2021
All the politicians and their cohorts do is steal and plunder. They are neither building nor regenerating, so what do you expect? The country with the nomadic and head smashing mallams in charge is on the verge of total economic collapse, like Zimbabwe and Venezuela. It's a free fall.

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