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Nairaland Forum / Nairaland / General / Politics / BREAKING! Cfa Overtakes Naira. (6916 Views)
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’ / Nigeria, 5 Other West African Countries Condemn Renaming Of CFA Franc To ECO (2) (3) (4)
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Re: BREAKING! Cfa Overtakes Naira. by Lifestone(m): 7:14am On Jul 14, 2023 |
oyalunasamuel:I won't join you in argument |
Re: BREAKING! Cfa Overtakes Naira. by SpecialAdviser(m): 7:14am On Jul 14, 2023 |
SWATMan:These guys are horrible. Defending every nonesense from the days of Buhari. 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by LikeAking: 7:27am On Jul 14, 2023 |
FreeStuffsNG: Guys, Nigeria they export even more than some big Arab countries you value and respect. The problem is corruption, not exports, secondly their is nothing good about it. The benefits you are talking about is just a decietful narrative... Devaluation of the nairahave never favored Nigeria.. Hence Nigeria would have been great, alongside Zimbabwe... U de surport the president from you tribe with these assumptions.. Please speak the truth. 4 Likes 1 Share |
Re: BREAKING! Cfa Overtakes Naira. by MichaelSokoto(m): 7:28am On Jul 14, 2023 |
FreeStuffsNG: 1 Like
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Re: BREAKING! Cfa Overtakes Naira. by nabiz(m): 7:30am On Jul 14, 2023 |
FreeStuffsNG:youAll you Tinubu media fighter always love to defend nonsense because it is Tinubu but if it were during buhari you will be saying rubbish. Which economic school did you attend. Nigeria is dependents mostly on importation than export. In what aredo you export. Imagine what it will cost to import machine. Online faceless oluwole ecomist. These are the type of people that advise Tinubu on economic matters 7 Likes 1 Share |
Re: BREAKING! Cfa Overtakes Naira. by LikeAking: 7:32am On Jul 14, 2023 |
oyalunasamuel: You are wrong... Yes we rely on imports, but is not a that bad.. We import even less compared to our population.. What we import most are mostly cars, raw materials & and tech stuffs, check around you... It's normal in most countries.. Some countries like dubia important everything, even sand... Going by your narrative they should have been broke like Nigeria.. The major problem is looting of government funds, them just they use imports cover am up.. Nigeria they even try for manufacturing.. We produce almost everything here... |
Re: BREAKING! Cfa Overtakes Naira. by Nobody: 7:36am On Jul 14, 2023 |
FreeStuffsNG: Nigga, are you sure you're normal? 6 Likes 1 Share |
Re: BREAKING! Cfa Overtakes Naira. by abobote: 7:48am On Jul 14, 2023 |
Over a year ago |
Re: BREAKING! Cfa Overtakes Naira. by erniok(m): 7:51am On Jul 14, 2023 |
ambale:That's what that dude does not understand. Govt also offers incentives to stimulate production and finally exports. |
Re: BREAKING! Cfa Overtakes Naira. by SpecialAdviser(m): 7:53am On Jul 14, 2023 |
Buddha3:The guy is surely abnormal |
Re: BREAKING! Cfa Overtakes Naira. by snowball11(m): 8:12am On Jul 14, 2023 |
FreeStuffsNG: Very valid point, especially when using Zimbabwe as a case study. Idiot! 6 Likes 2 Shares |
Re: BREAKING! Cfa Overtakes Naira. by ambale(m): 8:12am On Jul 14, 2023 |
erniok: You can imagine that a country where 500k cannot start a yielding business, and we dey ask for productivity. Even funding never comes easy in this part of the world 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by Galaxyss(m): 8:14am On Jul 14, 2023 |
I don't expect less, with the kind of people running the country. 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by eteebanky1: 8:15am On Jul 14, 2023 |
You guys blaming tinubu, nawaooo Even before tinubu devalued the naira, did any of you have access to the official CBN rate? Y'all source your Dollar in black market.......hypocrisy everywhere 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by eteebanky1: 8:17am On Jul 14, 2023 |
Dubai imports almost everything, how did they keep flourishing......only oil? |
Re: BREAKING! Cfa Overtakes Naira. by Didijiji: 8:24am On Jul 14, 2023 |
FreeStuffsNG:You are sick 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by SpecialAdviser(m): 8:56am On Jul 14, 2023 |
Didijiji:It's unfortunate people like him exist in this country |
Re: BREAKING! Cfa Overtakes Naira. by TearsOfHelinues: 8:58am On Jul 14, 2023 |
Helinues is missing |
Re: BREAKING! Cfa Overtakes Naira. by Didijiji: 9:09am On Jul 14, 2023 |
SpecialAdviser:Like very unfortunate people . So i support trash to the detriment of my generation born and unborn because someone is my tribe? Same guys supported Buhari for 8 years just to pave way for Tinubu enter despite the killings and destruction of the Nigerian economy Some Nigerians are beasts 2 Likes 1 Share |
Re: BREAKING! Cfa Overtakes Naira. by SpecialAdviser(m): 9:28am On Jul 14, 2023 |
Didijiji:I just pray one day their evil catches up with them. Seriously some people are heartless. I'm happy even the northerners are getting pissed off with the whole nonesense. 2 Likes |
Re: BREAKING! Cfa Overtakes Naira. by Abagworo(m): 9:29am On Jul 14, 2023 |
CFA that we once considered as tissue paper. Chai! |
Re: BREAKING! Cfa Overtakes Naira. by Lovelive: 9:35am On Jul 14, 2023 |
So unfortunate Very unfortunate SpecialAdviser: 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by SpecialAdviser(m): 9:48am On Jul 14, 2023 |
Abagworo:Now NAIRA is the tissue paper. Chai. Tinubu and Buhari |
Re: BREAKING! Cfa Overtakes Naira. by Acidosis(m): 10:10am On Jul 14, 2023 |
Lifestone: Ramp up export with what? What are you producing? 1 Like |
Re: BREAKING! Cfa Overtakes Naira. by Acidosis(m): 10:15am On Jul 14, 2023 |
JAkpayen: "We need to start"? Lol |
Re: BREAKING! Cfa Overtakes Naira. by Lifestone(m): 10:15am On Jul 14, 2023 |
Acidosis:Lets move with where we are now. Non oil export. That's where government should come in with the support to the productive base. Agro Products Minning Tech Consumer goods |
Re: BREAKING! Cfa Overtakes Naira. by Acidosis(m): 10:17am On Jul 14, 2023 |
Lifestone: We have been exporting these things before the APC government was formed and Naira still sank. The simple fact is that we lack capacity. A few mining spots in Abeokuta or Maiduguri mountains is now how to save the Naira. Where is Ajaokuta steel plant? Remove Tech from your list. We lack capacity. We don't have that advantage. 1 Like 1 Share |
Re: BREAKING! Cfa Overtakes Naira. by colonelwealth(m): 10:34am On Jul 14, 2023 |
Zxcvbnmghtr: You are talking rubbish. Stop decieving people and yourself because of bigotry. It is crashing businesses and making a mockery of Nigeria's foreign policy and power. Nigerian businesses and economy are passing through challenging times now. Our leaders have been economic terrorists. |
Re: BREAKING! Cfa Overtakes Naira. by Nobody: 10:42am On Jul 14, 2023 |
FreeStuffsNG: nairalanders this is a tinubu supporter. all ignorant uneducated and spewing gibberish with confidence. Godforbid |
Re: BREAKING! Cfa Overtakes Naira. by colonelwealth(m): 10:43am On Jul 14, 2023 |
FreeStuffsNG: You are irredeemably f**lish. Look what bigotry has turned you into....a certified zomb*e. You support all manner of trash and evil policies just so your tribe&religion remain unlawfully in power but it won't last as the unlawfulness will&surely must be kicked out. These evils you support will consume only you&your likes. You keep citing China, why not cite Zimbabwe as an example to support your rubbish theory. The value of Naira is bad against most currencies of the world currently and it is causing hyperinflation and causing difficulties to businesses, homes and the nation at large. At this point, Nigeria needs God's divine interventions in everything because wickedness like yours is too much in the land. 3 Likes |
Re: BREAKING! Cfa Overtakes Naira. by TheOldGods: 10:52am On Jul 14, 2023 |
Lifestone:china produces over 40% of what the world uses. From phones, to cars etc. What is Nigeria producing and selling worldwide? |
Re: BREAKING! Cfa Overtakes Naira. by fr3do(m): 11:51am On Jul 14, 2023 |
FreeStuffsNG: You have it mixed up. a weak currency is favourable to a country that exports a lot of finished products like China, that deliberately weakens her yuan. But for a heavily import dependent country like Nigeria, a weakening currency is doom and gloom, the effects of imported products becoming more expensive will plunge more people into poverty. This inflation will overwhelm the benefit of exports becoming more attractive to foreign buyers. |
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