cRobo:

Brookdcook:
Vote APC 2023 for continuous assessment

KushLyon:


It's far better than saving in naira. Imagine you save 100k in naira when the price of dollar is = N500 and a foreign commodity is sold for N100k but someone else is saving that same 100k but in dollars and has $200 saved. When dollar goes up to N700 and the price of that commodity increases to N120k, the person that saved $200 can sell it for N140k and be able to buy that commodity and still have extra cash, but you that saved in naira will need an extra 40k to purchase the same item.

Another scenario is 2 people working and earning the same salary but one is earning in naira while the other is earning in dollar. When dollar was N500, both persons are earning N100k but one is in naira while the other is dollars ($200). Now that dollar is = N700 and both of them are still earning the same amount as before, the person earning in dollar is now getting N140k, his earnings increases along with naira. Meanwhile the person earning 100k in naira is stuck with that same amount and will still have to deal with higher cost of goods and services

Rahkman:
Na 1k e go reach before october....by then I go cash out my dollars for bet365 wey the value just dey increase like cryptocurrency

DroppingLiquid:

Please delete this comment because they might actually copy this. These guys don't know anything, they usually do trial and error, they can just copy a post on Twitter or Nairaland and implement to see what happens. I've seen this before

nighthawk1:
Fire Emiefille

Close down Zenith bank and transfer its assets
Fire the Finance minister

Reduce MDA's by half

Collapse the entire senate

Run only the FHR but on civil service structure
not more than grade level 15.

Collapse ministeries to 6

No more minister for state
Collapse NNPC to 2 with only two sub units each

FAC returns to states with each state paying maximum of 20% to the centre

Merge states that cannot survive on their own
to form a more functional block.

Jail every governor, executive and legislator that cannot account for disbursed funds from both our Excess Crude Account and every Abacha loot or stolen funds repatriated back to Nigeria.

kk2027:


And APC is saying that Tinubu will continue from where Buhari stopped smh

Dim08:
Hey guys,

It is with mixed feeling that I receive the news of our naira devaluation. I feel bad because this will certainly affect the cost of goods but I am happy at the same time because I also earn in dollars with Amazon KDP.

Many Nigerian youths only use their phone to surf the internet, read gossips and chitchat but the smart and wise youth are cashing out BIG time with Amazon KDP

I keep getting royalties in dollars for the low contents books I publish.

You don't need to be an avid reader or great writer to publish books.


All you need is to know what and what to put together and start making dollars.


Watch here https://youtube.com/shorts/qyneJkeCGcc?feature=share


Interested people can WhatsApp me on zero nine zero 74 one one one one 78.

Note best: the video step by step guide will cost you N20,000. If you are not ready to pay this to learn the skill, DON'T bother chatting me up.

May God bless us all

Rahkman:
Na 1k e go reach before october....by then I go cash out my dollars for bet365 wey the value just dey increase like cryptocurrency

Bizibi:
goods and services tripples Everytime the naira declines....the only advantage is for those who can purchase products with dollars online.

Look at the prices of goods and services in Nigeria anytime there is a decline in naira.take your time and check it.

lexy2014:


theraregem1 okefranci nonpartisan1 buckeyemedia1 presidency Nigerialabalaba shooyie benuejosh blackpanda vedaxcool NGpatriot aufbauh lordviccodaguru shooyie ovamboland freestuffsng cyberterror leodeking splitmind...

It seems buhari/osinbajo/APC have no idea how to fulfil their electoral promises

Slayar:


The higher the demand ,the higher the price.

Cognitivereason:
lol....black market are running of of dollars....they have to charge more in naira to attract dollars and discourage those buying it in high demand...

the same thing is what the CBN is experiencing.. when there is low supply of USD to keep up with the needs of importers..they either devalue the naira or reduce the supply and push the importers to rush to Black market for USD who course will also increase the rate because of demand...

except you are ignorant of how FOREX is earned ..Emiefele is doing what any CBN governor would have done..in order for the country not to run out of forex..naira has to be devalued to bring in more dollars and keep up with the cost of importations..

the solution to this doesnt lie with the CBN to a large extent.. we just need to look at what is consuming our forex the most..that is petroleum products,.. we need refineries now more than ever to stabilize the rate...even Peter Obi can not solve this without refineries..this is not about looking at vietnam or eygpt.. Dangote should be given more support than he is receiving to finish his refinery..

if we start rehabilitating our old refineries..it will take us atleast 3 years to bring it to live and it still might not meet our needs..what we need now is to support those who have started theirs and are almost complete..(Dangote).

we need to end fuel and petrochemical imports now...these commodities swallows 30% of our foreign reserves

ungara17:
We're going down in deep mess everyday.
And some Nigerians still want continuity of the APC government.
Get your PVC.

TOPCRUISE:
They should summon Osinbajo too.
We can still remember these deceptive slogan "Buhari will handle security osibanjo will handle economy."

OKC22:
They should start giving farmers loan to grow crops especially wheat instead of inviting the CBN governor.

ijustdey:


https://punchng.com/breaking-senate-to-invite-emefiele-over-naira-devaluation/

Zee09011617135:
9ja.. ask original usa phone number for your website>>app>>>account and authentication.
>>>>>Paid vpn>>paid dating sites>>>GoogleVoice>>>>etc.