To those saying that the Central Bank of Nigeria should resume defending the Naira with $1.5 billion monthly, where will the money come from?

The Buhari regime did crude oil swaps for future sales. They already collected money in advance from the oil we are selling today and for the rest of this year ahead of time and spent it. There is no income coming in right now, except diaspora remittances.

If Nigerians know what Buhari did, they may vent their anger on him if he is seen in public.

That is probably why he said he would retire to Niger Republic. But the coup there spoilt his plans. Nigeria right now is broke! And not just that, the Buhari regime printed trillions of Naira. Money that has no backing beyond just paper.

There is no gold in the CBN or reserve abroad to back the printing. And unknown to Nigerians, some of his officials who helped him pull off this heist have fled the country, journalists, do your job. This regime is not talking because APC cannot expose APC!

booblacain:
The Buhari regime you are blaming was brought in and encouraged by the man and party that you are licking their bottom today.

Hypocrites are the worst set of people one can ever encounter in life, the very worst.

Ever8090:
Wether they defend d naira or not, one thing I know is, Nigeria is super rich. Nigeria is not one of the richest country in the world, but the richest country in the world. No country can survive the level of corruption Nigeria is withstanding.

Only politicians from one state out of the 36 state in Nigeria will loot China's resources dry in one year.

seunmsg:
To those saying that the Central Bank of Nigeria should resume defending the Naira with $1.5 billion monthly, where will the money come from? The Buhari regime did crude oil swaps for future sales. They already collected money in advance from the oil we are selling today and for the rest of this year ahead of time and spent it. There is no income coming in right now, except diaspora remittances. If Nigerians know what Buhari did, they may vent their anger on him if he is seen in public. That is probably why he said he would retire to Niger Republic. But the coup there spoilt his plans. Nigeria right now is broke! And not just that, the Buhari regime printed trillions of Naira. Money that has no backing beyond just paper. There is no gold in the CBN or reserve abroad to back the printing. And unknown to Nigerians, some of his officials who helped him pull off this heist have fled the country, journalists, do your job. This regime is not talking because APC cannot expose APC!


https:///renoomokri/status/1715665026789376378?s=46

Ikaeniyan0:
Even if Naira crash to 250k a Dollar, Tinubu must complete his 8 years.

Usmanovic95:


It's a shame your love for Tinubu supercede the love you have for your country.See what you are wishing on your country because of someone who will spend 4-8yrs max.

Ikaeniyan0:
Even if Naira crash to 250k a Dollar, Tinubu must complete his 8 years.

Ikaeniyan0:
Who did you vote for in the 2023 free and fair presidential election?

Usmanovic95:


How does who I cast my vote for affect your well-being and your cost and standard living?

You are brazenly wishing doom on your country just to give validation for your action.

Continue!

Ikaeniyan0:
Mr IPOBdient is ashame to tell us who he voted for

killsmith:
You want us to blame buhari but not tinubu or APC.

Foolish idiot.