musicwriter:
I believe there's high level economic sabotage going on now by people who want a return to fuel subsidy and those who want a return to government regulated special dollar rate.
That's the problem.

I'm among them
How am I sabotaging the economy

FalseProphet1:
So the CBN governor doesn't know what to do and has to wait for the president to give him marching orders before he implements anything. We truly have block heads holding strategic offices in this country.

This I have seen.

/
Professionalism among these educated folks in Nigeria exists only in their CVs. Critical thinking is not their forte.
/

primeache:
Close all foreign currencies account and liquidate to respective naira account of holders.

This is the only option now to control the dollar and also minimize corruption and pressure on the Naira.
Many people are holding foreign currencies they do not need

Bro WTF 😒😒 This is typical African mentally, blaming the symptoms instead of the disease, the disease is the Nigeria as a country is not producing anything we can export to get FX apart from crude oil and Nigeria depends heavily on importation, the symptoms is people are saving in dollars and other strong currencies because they have lost hope in naira. Even if they closed all dorm account, people will mop up the whole FX and hoard it and the prices of those currencies will shoot up the more!! The only way naija economy can be fixed, is for Nigeria to move from consumption to production, from import dependent state to exporting economy, this will add values to our locally made products and those products will be recognized globally. This was what obi was preaching but tribalism, political affiliations and religion prevailed in the past elections.

I will hit the ground running

Matching order for good, please.

Yes, let our mechanical engineer perform the much needed economic miracle.

musicwriter:
I believe there's high level economic sabotage going on now by people who want a return to fuel subsidy and those who want a return to government regulated special dollar rate.
That's the problem.

you read my mind. This has always been the problem with Nigerians. As long as something stops favoring them, they do everything in their power to frustrate everything and anything.

BOSSkesh:
Step in the right direction
Not only that he should also clamp down on bureau de change and illegal operators and hoarders of forex

The same BDC emefiele accused....whose licenses have being reinstated?



You should have just scrolled pass instead of embarrassing yourself

ClassicMan202:
No be only matching orders.... Na running orders



Rubbish...


Just dey shout Emilokan up and down without a single plan

Just the same way we gave pity obi, the third class philosophy graduate the matching order in February.

Emergency lovers of Nigeria must surely wail....it is in the dna...
We gave pity obi matching order

Tumbulu has been over rated before erection. He is a failure. Just imagine Tumbulu to have approved Ganduje to be APC national chairman. Habaa!

flokii:
Emefiele and those cabals he worked for really messed this country up.. I'm just short of words.

Oga just shut up why can't Emi Lo Kan find a way of making parallel market illegal to stop arbitrage

What's you lots obsession with Bureau De change? JSYK, bureau de change are licensed operators by CBN to bid for FX at the CBN and autonomous sources. Despite paying their annual license renewal year in year out, the CBN has continued to deny them such bidding since July, 2021 yet you are asking CBN to clamp down on them. If I may I ask, for what offence?

BOSSkesh:
Step in the right direction
Not only that he should also clamp down on bureau de change and illegal operators and hoarders of forex

The CBN governor go shit d dollars for nyash? Abi dem dey hide am somewhere wey baba say make em go bring am out?

The only solution now is to invoke the spirit of Agemo

BOSSkesh:
Step in the right direction
Not only that he should also clamp down on bureau de change and illegal operators and hoarders of forex

Who are the hoarders? Is the C in C and all politicians who have no business with the dollar exempted? Until we all realise that the dollar is not our local currency and stop saving in dollar and fully industrialise the Nigerian economy, Naira will continue to plunge further.

ShaqFu:
you read my mind. This has always been the problem with Nigerians. As long as something stops favoring them, them do everything in their power to frustrate everything and anything.

That's the problem.
The president would need to put some highly placed people behind bars for the economy to move forward at this time. Unfortunately, that won't be possible.

But let's remember that's not the root cause of this problem.

The ultimate cause is that there's not enough industry to produce what we need because we lack scientific knowledge, and that in itself is because we learn science in a foreign language. That's the root cause of the problem.

ClassicMan202:
No be only matching orders.... Na running orders



Rubbish...


Just dey shout Emilokan up and down without a single plan



What concerns Peter Obi in this thread?

Na Peter Obi dey formulate policies? na Peter Obi remove subsidy? Abi na Peter Obi be CBN governor?

E be like say If you no mention Peter Obi name for 24hours you no go dey alright.

No mind am. If them no mention his name 10 times daily their blokos no go stand.

I can bet my last dollar you don't have a single dollar in the bank. No other reason you're advocating liquidating other people's money. It's the jezebel spirit. Even if they make such a stupid move, it still won't solve your problems because what the country needs is revenues from exports.

primeache:
Close all foreign currencies account and liquidate to respective naira account of holders.

This is the only option now to control the dollar and also minimize corruption and pressure on the Naira.
Many people are holding foreign currencies they do not need

pol23:
Orders up and down…
Shey na so dem dey do things.
No strategy.
No planning.
No form work.
No case study.
You can also order dollar to be $1 to N1.
Rada rada.
The easy way to stop the naira from falling is to reduce our dependency.
Build refinery (that might take more than 8 years though)
Let’s stop importing wheats (that we can achieve in 18 months, if serious)
Let’s stop fish importation.
Fabrics.
And pretty much every nonsense we keep importing while we have the capacity to grow it or produce it in here.
But our leaders are always lazy and they don’t care about the future of the country….
It’s all about doing yeye project…. Nobody thinks about Wealth creation for the next generation.
Mr Bola Tinubu no try at all.

All those things you are calling on the government to stop people from importing, I hope if they stop importing them today, you'll have enough of them to consume. That's how you guys were asking the government to stop rice importation. Where are we today on that?

spanzed:
This improved liquidity will favor me and my family. Amen

Amen oh, it will favour us.
The only way sha is if you have naira in cash, once they increase liquidity, you quickly change your naira to dollars and keep, because it will certainly fall again.
But if you no get naira in cash, to favour you na only for mouth ohh.

UbanmeUdie:



You can't give what you don't have.
The president should keep his ugly mouth shut.

If your father was driven and ambitious enough Tinubu wouldn’t be your president. So shut up and bear the consequences of your father’s laziness

it will crash kpatakpa . Economy will stabilize immediately

Hoelujohn:

Simple: anyone holding dollar for more than a week without any tangible reason should be charged to court for treason and penalty should be firing squad or death by hanging. I swear dollar go reach 500 naira under a month.

nlfpmod:

https://www.youtube.com/watch?v=Zh1vAIFwIz4

President Tinubu Gives Acting CBN Governor Matching Order To Improve Forex Liquidity

What the hell is 'forex liquidity'?

donproject2:
We get a new government to praise the previous one. How has Tinubu improved my life? He made things even more difficult.

Government will never give you good electricity.
Government will never give you security.
Government will never give your kids free education.
Government will never give you free medical care.
Government will never give you good road network.

We can only strive to make money and provide these things for yourselves, paying same government hugely.

A federal government worker appointed 5 years ago with salary of, let's say, a #100,000 has only had 10k or 20k added to his salary after 5 years. But prices of goods and services has x4 within that same 5 years, how do we want him to survive?

It is all chaos in this part of the world.

It’s not all these talk talk talk and do nothing.

People shall rise soon, angers shall rise and the world will burn into ashes. The Wrath of God will befall the face of the Earth and evil doers will run and see nowhere to hide.

Just screenshot or bookmark this post.

UbanmeUdie:



You can't give what you don't have.
The president should keep his ugly mouth shut.

A pained obidient

This is a story.

BOSSkesh:
Asiwaju is moving

towards sea

densiks:
These folks are plain stupid
No other explanation suffices.

They were claiming to know,now look at where the exchange rate is just in less than two months.

How can people sincerely survive under these kind of conditions

Tinubu should better wake up before it's too late

To keep the dollar rate at #500 or less is not a rocket science. All government needs to do and which they have always been doing is to just peg it and pay the balance but Tinubu decided to remove the subsidy and let the real value of dollar to naira be exposed.
We can not continue same way and expect different result.

kunle4toyeyaho:
A pained obidient

three months after . how far and well

lailo:

To keep the dollar rate at #500 or less is not a rocket science. All government needs to do and which they have always been doing is to just peg it and pay the balance but Tinubu decided to remove the subsidy and let the real value of dollar to naira be exposed.
We can not continue same way and expect different result.

Yes we are getting different result in the right direction.. I don't know why d marching order?

[quote author=ClassicMan202 post=125112149]No be only matching orders.... Na runningN governor?

E be like say If you no mention Peter Obi name for 24hours you no go dey alright.[/quote
U re mad .but u can mention Tinubu and go Scot free abi

So how much dollar do you have on your account?

Don't be unfortunate.
Empty barrel makes the loudest of noise.
I understand, you lack the capacity to understand my statement.

ibinaboonline:
I can bet my last dollar you don't have a single dollar in the bank. No other reason you're advocating liquidating other people's money. It's the jezebel spirit. Even if they make such a stupid move, it still won't solve your problems because what the country needs is revenues from exports.