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Nairaland Forum / Nairaland / General / Business / Importer To CBN: Tell The Truth, Naira Has Been Devalued (29492 Views)
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Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by grandstar(m): 6:23pm On Jun 02, 2023 |
Kk |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Nemesis0147(m): 6:23pm On Jun 02, 2023 |
D |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Patrioticman007(m): 6:25pm On Jun 02, 2023 |
BigIyanga: You failed to add two Igbo importers Innoson & Mazi Peter Obi aka Next Cash & Carry of imported goods.
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Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by ariesbull: 6:30pm On Jun 02, 2023 |
Some of us that do foriegn business ,we are finding it hard to raise IPO and also with the lack of availability of forex ,if CBN can make Chinese yuan available that will be great Of they devalued the naira we will know via exchange rate in days to come ...Aboki FX is there |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by SmartyPants(m): 6:32pm On Jun 02, 2023 |
sonature1: Same way Vanguard stands by Obi' religious war story? Noted. 1 Like |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Kukutenla: 6:33pm On Jun 02, 2023 |
I thought Zombies said this man is brilliant What has he done that's different from what an average person will do as president |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Racoon(m): 6:36pm On Jun 02, 2023 |
Government of liars, scammers and deceivers. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by samwillyco1(m): 6:36pm On Jun 02, 2023 |
Sack CBN Governor |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by samwillyco1(m): 6:38pm On Jun 02, 2023 |
Sack CBN Governor immediately |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by klawaaa: 6:40pm On Jun 02, 2023 |
Niaja on a long thing... Money must be made by the corruption personified individual! dre11: |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by sonature1: 6:41pm On Jun 02, 2023 |
SmartyPants: Kindly remove smart from your moniker and leave panties. I thought you wanted to add something useful to the discussion. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Juju70(m): 6:41pm On Jun 02, 2023 |
Over devalued sef! Dey dia |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Teenaira: 6:44pm On Jun 02, 2023 |
klismann12: You are right, Peter Obi is an expert in lying. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by LearnEasy(m): 6:44pm On Jun 02, 2023 |
We know, but they don't want to admit it. Are you a teacher? Or you can get parents to register their kids for coding classes? Head over to https://codegummy.com/referral-program |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by TollinsN: 6:44pm On Jun 02, 2023 |
This is just a tip of the iceberg. Nigeria had burrowed so much such that our GDP can no longer sustain us and pay debt + interest at the same time. If subsidy on fuel, electricity, medical equipment, drugs still continues. The government will have no choice than to increase salary by 10% and increase tax by 25% or otherwise reduce workforce by between 25% to 32%. I don't why Tinubu come during this period when the WORLD ECONOMIC WAR IS GETTING TOUGHER AND BITTING COUNTRIES HARDER. May God save his image. Government across the world now lied about the status of their economy just because they didn't want to loose would be investors |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by wonder233: 6:45pm On Jun 02, 2023 |
And the disaster continues... Tinubu, just like Buhari... Same old man who is an ethnic god, who desperately wants to fulfil a lifelong ambition, voted in by 2sets of people: ethnic bigots and religious fanatics. Those of us who genuinely wanted a change are not many unfortunately. The bigots are much more in numbers, lets be honest. The bitter truth is that Tinubu ACTUALLY won the elections, the larger part of the southwest voted for him on ethnic loyalty ground, while up north, their clerics told them the muslim-muslim ticket was too juicy to pass up. Atiku had always been regarded as a munafikeen during all the time he romanced the southeast, so APC had all their votes. As for Obi, the muslim northerner would rather die of hunger, banditry than vote "an infidel". And you can't win Nigeria if you can't take even if its a quarter at least of such a vast demographic as the muslim north. That chasm was too wide, it cost Obi the elections, forget about the riggings here and there in the south, those were to pad up Tinubu's numbers to make the victory gap wider than it actually was. Lets brace up for the next 8years, anyone that can get out, should. 5 Likes 1 Share |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by thesicilian: 6:47pm On Jun 02, 2023 |
Ahmeduana:Those who have been in leadership positions know there is a word of difference between lying about a piece of information and keeping it low key until the appropriate time for dissemination. For example, Buhari's government already removed petroleum subsidy since signing the new budget in January (He only made provision for subsidy for the first 6 months of the year, meaning that from July there is no subsidy). Most people didn't know that and everything was fine. What happened as soon as Tinubu came in and announced this? Chaos. Now labour is threatening to go on strike for something that was signed since January! Information management is very important my guy. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Teenaira: 6:50pm On Jun 02, 2023 |
arejibadz: You don't need any further confirmation. Pls turn in your dollars, black market rate is heading downwards soon. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Teenaira: 6:51pm On Jun 02, 2023 |
dustmalik: Because he is my friend. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Lush100(m): 6:54pm On Jun 02, 2023 |
arejibadz:. How will it drop. Sir, we are still import dependent. Assessing CBN fx can be time and documentation consuming... U need to understand the economic behind fx. With what we have borrowed and the import dependent nature of our economy...how.will it drop. What are we producing in large quantities and exporting that will give us forex. Do u understand the demand for dollars 2 Likes |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Teenaira: 6:56pm On Jun 02, 2023 |
Kukutenla: He has done what Obi can't do. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by arejibadz(m): 6:58pm On Jun 02, 2023 |
Lush100:you better remove your money if your saving in usd ,go and check the blackmarket charts to see how naira gained when daily trust anounced the news this week,once cbn confirms the devaluation people would start selling dollars which means naira would gain against the dollar 1 Like |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by sonnie10: 6:59pm On Jun 02, 2023 |
arejibadz:Emotions and wishes do not determine exchange rate. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Kukutenla: 7:00pm On Jun 02, 2023 |
Teenaira:What's that? |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by BigIyanga: 7:00pm On Jun 02, 2023 |
Patrioticman007:Biggest importers are: NNPC, Dangote, Otedola, Wale Tinubu, ShopRite .. 1 Like |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Cantonese: 7:00pm On Jun 02, 2023 |
babyfaceafrica: So you did not read the portion where Dailytrust newspapers asked CBN to provide proof against the story? Is it difficult for you to ask your bank (that is if you have one), what’s going on with exchange rates? 1 Like |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by arejibadz(m): 7:00pm On Jun 02, 2023 |
sonnie10:ok wait till next week ,lets see |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Iamzik: 7:04pm On Jun 02, 2023 |
Gaabasky: We always "survive" and put up with rubbish...that's the real problem. But this time will be different. We will survive but the government will reverse it's Draconian policy. Make refineries work first first or remove the subsidy gradually. Day 1 subsidy removal Day 2 pump price hike Day 3 transportation cost go through the roof Day 4 naira devaluation What sort of madness is this? |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Lush100(m): 7:06pm On Jun 02, 2023 |
arejibadz:. U will understand by and by. Make sure that when the time comes, u will not give excuses. will it fluctuate? Yes. Can it stay on 630 naira per dollars for 2 years running: No |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by Teenaira: 7:06pm On Jun 02, 2023 |
Lush100: What is pushing the rate up in the black market is the large unfulfilled official demand for Dollars. When lots of these official demand are met then the demand at the black market will reduce leading to crash in rates. 3 Likes |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by NamelessOGBENI(m): 7:06pm On Jun 02, 2023 |
Finally, from the NNPCL down to the CBN PRO it seems those guys have lost touch with the current reality, just pure vibes, subsidy and rates.. |
Re: Importer To CBN: Tell The Truth, Naira Has Been Devalued by SSpeter(m): 7:08pm On Jun 02, 2023 |
arejibadz:you don't understand FX market, once this News is confirmed dollars dey hit 900 2 Likes |
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