when ban on 43 items were removed, we were thinking it will improve the forex. now wetin be dis?
they are hoarding dollars be dat.

Omooba77:


https://dailytrust.com/industries-battle-for-survival-as-dollar-hits-n1155/

This forger and fraudster of a president would destroy Nigeria's economy. Dollar would hit N1,500 soon and N2,000 under the watch of this useless and clueless president and his government if he is not pushed away soonest.
They lied and sold him to the masses as a master strategist! Nonsense!

Why I Japa from Nigeria.

Ozommadu:
Yarimo
Seunmsg
FreeStuffsNG
Obiedun
Duro4chang

And other hungry nairaland resident zoneBs are the real enemies of a working Nigeria.

They keep supporting criminal politicians and tribalising everything because they benefit from the corruption that has eaten deep in Nigeria system.

From defending buhari for 8 wasted years to supporting criminal ebola who's impoverishing their people.

God will never forgive them

You will never see them. They will avoid the thread. They should keep deceiving theirselves. 😂😂😂😂

YouandiAllofus:
By the time this administration is done, Somalia will be better than Nigeria

Tinubu the Developer of Lagos, is Developing the Dollar, in his next world he will develop Nigeria, naa turn by turn

slivertongue:
APC has destroyed the economy

**is destroying

👀👀Dammmmmmmmnnnn it
The shyyythole on a steady plunge 🚮

What eBOLA cannot destroy does not exist 😏

This is too bad.

Omooba77:


https://dailytrust.com/industries-battle-for-survival-as-dollar-hits-n1155/

Taylor94:


When we complain his supporters will say give him time


It’s six months already and things are getting 6times more worse than Buhari left it



Yaradua no reach one month in office and we felt his positive impact but Yoruba parasites wants us to give their lord 80yrs to improve


Where’s Seyi law Eniola Badmus Toyin Ibrahim and the rest of low live that sold this Foolish president to us

What his supporters meant by " Give him Time " is best translated as Give him more time to KILL as many Businesses as he can ! And push millions of Nigerians into Extrem Poverty

Welcome to the 8th WONDER OF THE WORLD!

... Finally, eBOLA keeps breaking Buhari"s WOEFUL records!

Ozommadu:
Yarimo
Seunmsg
FreeStuffsNG
Obiedun
Duro4chang

And other hungry nairaland resident zoneBs are the real enemies of a working Nigeria.

They keep supporting criminal politicians and tribalising everything because they benefit from the corruption that has eaten deep in Nigeria system.

From defending buhari for 8 wasted years to supporting criminal ebola who's impoverishing their people.

God will never forgive them

You missed the most brainless of them all, Reno omokiri

kettykin:


You missed the brainless of them all, Reno omokiri

That goat can never comment on core issues bothering his country.

Hungry man

So, all of you who voted for that drug baron, are you happy now?!

Ozommadu:

That goat can never comment on core issues bothering his country.
Hungry man

Don't mind him, he is busy cruising g@y bars in London.

This will just increase the motivation for more youths to go into fraud. God help us o.

We are waiting when it will hit N3000.

abhosts:
The person that deserves all the blame is Jonathan. If he had just honoured his pledge to do one term, there is no way these group of sociopaths that derive pleasure in seeing Nigerians suffer(APC) would have gained power.

Jonathan is the cause I swear, he was busy appeasing the northerners thinking they will support him for 2nd time, igbos paid the price of 8 years of buhari,if not Jonathan's greediness this apc hooligans will be in control today

Una never see something, Abby buhari no sabi rule? Una don see person wey sabi rule nahh why complain?

Una go suffer... Every last one of you dumb hypocritical and bigoted Nigerians.


After surviving 8 years of APC's ineptitude, y'all felt it was okay to retain them in that office.

I just dey look all of una dey laugh.

The real storm has not even started... This one na just wind.

Taylor94:
You will never see Yarimo and his fellow miscreants on this thread



Most times I get angry because we’ve suffered enough in this country to get sense by force



Yorubas are dragging us backward



Since this country is not moving forward why can’t all the south south politicians comes together and call for disintegration of this shitt hole


See how Yoruba left Osibanjo and gave us this mad man that pees on his trouser from Abuja to New York

Yorubas did not leave Osibanjo for BAT. The guy just bulldoze his way to government

Omooba77:


https://dailytrust.com/industries-battle-for-survival-as-dollar-hits-n1155/

I disagree with Mr. Oyerinde.
The interventions should not be in the market but against the factors that make market rates, prices or whatever.
I have said it right from time that we operate an unguided economy where government has little information not to talk of influence on the various factors of production in almost every sector.

For example. If you have no data of inventory how do you regulate production and if you cannot regulate production how can you handle inflation.

I said it a while ago that until refineries are operational independent marketers should not be licensed to import fuel. They earn zero foreign exchange unlike NNPC and this will trigger a run against the naira.

I also said that when the foreign exchange market is liberalised government should sit with the heaviest users of the window to agree a schedule of trade whereby unnecessary inventories are avoided. Whereby these enterprises are not stockpiling or speculating and in turn government gives them guarantees of stable rates.

Government needs to be up, close and personally involved in the running of the top 500 enterprises or the top 500 foreign exchange users for it to have a handle on demand and supply.

I also believe that there is heavy speculation going on at this time, heavy stockpiling of foreign currency by both state and non state actors that neither use it or generate it. This is clearly economic sabotage and though it is near impossible to detect these outside official channels, government should deploy its agencies to monitor the movement of government finances at all levels to ensure they are not being diverted to speculation.

When tinubu and buhari were not in power, they knew all the answers to nigeria problems but when power reach them, all the knowledge disappeared

Don’t worry his brothers will vote him again in 2027 even when they’re on chokehold
That’s how illiterate and pathetic they are

Taylor94:
You will never see Yarimo and his fellow miscreants on this thread



Most times I get angry because we’ve suffered enough in this country to get sense by force



Yorubas are dragging us backward



Since this country is not moving forward why can’t all the south south politicians comes together and call for disintegration of this shitt hole


See how Yoruba left Osibanjo and gave us this mad man that pees on his trouser from Abuja to New York

I find it quite surprising. I think that yarimo is a bot. All those Twitter bots are coming to nairaland and the yarimo bot gets activated once obidient is mentioned in a post.

Tinubu is a master strategist. Tinubu is a master strategist. Look at the economy master strategist has plunged the country. Businesses folding up. Cost of operating businesses is shooting higher than a shooting star. Entrepreneurs are praying to break even. A small margin of profit is a miracle with the state of the economy. There is no job security as industries, in order to survive, are laying off workers in their thousands. Epileptic power supply has come to stay with the astronomic rise in the price of premium motor spirit.

Nigeria is grinding to a halt like a massive ship that has run out of fuel oil in the middle of a vast ocean because the captain has no navigation skills.

His followers still have energy to chant master strategist. Soon, they will look for statistics to eat to survive the harsh economy built by their master strategist.

Just 5 months on fiverr raised this so much. One person ordered my gig 75 times because I am so so good at what I do. I was working morning afternoon night, generator is on always. My japa money is steadily coming up. The account is making 70$ everyday.

Odiegwu! This is just the beginning. We told them but because of tribe and religion they wouldn't listen.

Naira on a steady decline.

Omooba77:


https://dailytrust.com/industries-battle-for-survival-as-dollar-hits-n1155/

Helgreenluv, your attention is needed here shebi na only you get sense and you are supporting tinubruku

clinician2x:


I find it quite surprising. I think that yarimo is a bot. All those Twitter bots are coming to nairaland and the yarimo bot gets activated once obidient is mentioned in a post.

una go get sense by fire by force. Don't worry

Omooba77:


https://dailytrust.com/industries-battle-for-survival-as-dollar-hits-n1155/

Should we go back to trading in pounds or adopt the us dollar?