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Nairaland Forum / Nairaland / General / Politics / Naira Is More Value Than Dollar. (1129 Views)
Rinu: Scarcity Of Naira Is Only Going To Help Politicians Buy Votes / Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira / Naira Is More Valuable Than Dollar And Pound. Ignorance Is Killing Us. Wake Up! (2) (3) (4)
Naira Is More Value Than Dollar. by fuckJones(f): 12:59pm On Aug 16, 2023 |
naira is more Valuable than dollar And Pound. Ignorance is Killing people like you. Wake Up! A currency's value is what is can fetch those who use it as a means of exchange! Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the naira. The naira today, is equivalent to 900 units to the GB£ and 760 units to the US$. Though we are quick to lampoon the naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders? In the US, a dollar ($) may not buy you more than a small bottle of water, while N700 will buy you a pack of 12 of the same bottles of water in Nigeria! A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N900 will buy you and your partner, breakfast for 2, consisting of one N600 big loaf of bread, 3fried eggs and 2 bottles of water! Days ago, I bought 50 pieces of medium sized oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N600 ($1.2)! A litre of fuel costs N660 in Lagos, but cost $1.86 (N1430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 12 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi! So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the naira against? The answer is simple: the "values" of Nigerians! While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God! They produce nothing, but want to flaunt everything! Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival! Ask me what the man produces? Zilch! Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever! So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency. There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me? My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses. Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians. Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies". These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in naira! If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria? If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you? If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough naira to indulge in your borrowed Italian taste. This argument over our poor currency is a lie of the elite to pass their problems as everyone's! Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N800 ($1) measure of beans! Add another N500 ($0. worth of sweet potatoes, and you have a super nutritious meal for 8 adults! That's less than $2 in total, N2k (including the costs of other stuff like onions, peppers and oil), to feed 8 adults? Before you complain that the naira is weak, tell me what you need the foreign currencies for, and i will show you how you and Dino are the same Copy. 2 Likes |
Re: Naira Is More Value Than Dollar. by Kingsmeal: 1:26pm On Aug 16, 2023 |
Mûmu 2 Likes 2 Shares |
Re: Naira Is More Value Than Dollar. by Ikaeniyan0: 1:31pm On Aug 16, 2023 |
I totally agree with the OP. 4 Likes |
Re: Naira Is More Value Than Dollar. by BlackAdam65: 1:33pm On Aug 16, 2023 |
pathetic 1 Like |
Re: Naira Is More Value Than Dollar. by slowice(m): 2:08pm On Aug 16, 2023 |
You wrote this epistle just to embarrass yourself. Smh 5 Likes 1 Share |
Re: Naira Is More Value Than Dollar. by googi: 2:20pm On Aug 16, 2023 |
OP, may God bless you abundantly and the person you copied it from. The bunch of useful fools that have brought this country to its knees will never get it. You see, when a dog wan loss, e nor dey hia whistle. slowice: 2 Likes |
Re: Naira Is More Value Than Dollar. by Arda1000(m): 2:27pm On Aug 16, 2023 |
Mumu man the cheapest bread in UK is around 34 pence and the highest is about £4.64 1 Like 1 Share |
Re: Naira Is More Value Than Dollar. by googi: 2:29pm On Aug 16, 2023 |
Re: Naira Is More Value Than Dollar. by a4cube: 2:34pm On Aug 16, 2023 |
fuckJones:Somebody should show this mumumu that picture where APC gladiators of today said 180 naira to a dollar is unacceptable. 4 Likes 1 Share |
Re: Naira Is More Value Than Dollar. by Arda1000(m): 2:35pm On Aug 16, 2023 |
googi:you are a full 2 Likes 1 Share |
Re: Naira Is More Value Than Dollar. by a4cube: 2:37pm On Aug 16, 2023 |
I wonder why your god in the aso rock and cbn are begging for diaspora remittance. You guys should be sending to us now since naira is more valuable than the pounds. |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:09pm On Aug 16, 2023 |
Kingsmeal:apart from insults what else do you learn from your mother? 1 Like |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:10pm On Aug 16, 2023 |
Arda1000:how much is the highest bread in Nigeria because we know the cheapest bread in Nigeria is 150 naira there is no bread in Nigeria that is up to 5k which is equivalent to £4.64 in UK. Who is mumu here? 2 Likes |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:14pm On Aug 16, 2023 |
a4cube:you still didn't understand the post, you reason like your epresident obi 1 Like |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:15pm On Aug 16, 2023 |
Arda1000:stop masturbating emeka 1 Like |
Re: Naira Is More Value Than Dollar. by a4cube: 5:17pm On Aug 16, 2023 |
fuckJones:Nothing in the hogwash to understand. In 2015 their was a poster with Buhari and PYO poster saying 1 dollar to 180 naira is unacceptable. So when did it become acceptable to the extent that naira is more valuable to dollar and pounds. Do you people reason at all? 2 Likes |
Re: Naira Is More Value Than Dollar. by a4cube: 5:19pm On Aug 16, 2023 |
fuckJones:150 naira bread with no nutritive value. |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:19pm On Aug 16, 2023 |
a4cube:just tell me one thing you are buying with dollars? 1 Like |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:20pm On Aug 16, 2023 |
a4cube:stop complaining and start producing? 2 Likes |
Re: Naira Is More Value Than Dollar. by a4cube: 5:21pm On Aug 16, 2023 |
fuckJones:I don't spend dollar, I spend pounds sterling. |
Re: Naira Is More Value Than Dollar. by Nightwolf1: 5:22pm On Aug 16, 2023 |
What a demented illiterate do we have here🤣🤣 1 Like |
Re: Naira Is More Value Than Dollar. by hegelian: 5:24pm On Aug 16, 2023 |
fuckJones: olodo.. small comparison u cannot do.. if you wanna compare, you will compare $1 to N1 or 700Naira to 700Dollars...thats comparing apples to apple not apples to oranges...i think there are just too much dense IQs in this country 1 Like |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:24pm On Aug 16, 2023 |
a4cube:good, how much is a pair of jeans in pounds? 1 Like |
Re: Naira Is More Value Than Dollar. by fuckJones(f): 5:26pm On Aug 16, 2023 |
hegelian:see how confusee you sound, I'm sure you got the advice from a mad man |
Re: Naira Is More Value Than Dollar. by a4cube: 5:29pm On Aug 16, 2023 |
fuckJones:Dude you are comparing rubbish. |
Re: Naira Is More Value Than Dollar. by a4cube: 5:32pm On Aug 16, 2023 |
fuckJones:Producing what and with which electricity? Have you not heard that GSK just left and nestle with some others are planning to leave. 1 Like |
Re: Naira Is More Value Than Dollar. by hegelian: 5:34pm On Aug 16, 2023 |
fuckJones: ofcourse you have got no sense.. why not say $1 should change for 2000naira since 1000naira can buy alot and $1 cant buy any... you cant follow APC and have sense, its anathema 2 Likes |
Re: Naira Is More Value Than Dollar. by Ttipsy(f): 5:56pm On Aug 16, 2023 |
hegelian:some pple are naturally not okay Lol 2 Likes |
Re: Naira Is More Value Than Dollar. by mactoni91(m): 6:08pm On Aug 16, 2023 |
Go school, you no gree. 1 Like |
Re: Naira Is More Value Than Dollar. by Arda1000(m): 7:46pm On Aug 16, 2023 |
fuckJones:you sef still be mumu you claimed that you can’t buy a bread or bottle water with £1 yet I proved you wrong. Anyway compare how hard it is to get £4.64 in UK to Nigeria which is 5k then close your steeped trap up 1 Like |
Re: Naira Is More Value Than Dollar. by Arda1000(m): 7:47pm On Aug 16, 2023 |
fuckJones:must be an addict smh 1 Like |
Re: Naira Is More Value Than Dollar. by Starcrest1: 7:55pm On Aug 16, 2023 |
Lol OP why not $1 exchange for #10,000. I dollar cannot buy bread o but #10,000 can buy bread milo, milk, eggs, butter etc. Can this nonsense dollar buy these things Lol. Chai, I can't believe i share the same country with this kind of empty-brained imps....... 1 Like |
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