Bula ba, balabu bulu bulu

Though it makes me happy to see the Aso rock animals and thier lesser agbdori@ns experience the consequences of thier tribalistic & party emi lokan bull shyt.


I won't also lie, this incompetence has really slowed down business in the whole country

Scein:
A good father saves when the children are hungry

A good father provides when the children are hungry........

A child that is hungry today will not remember that he ate his best food or overfed yesterday.......

Good... Nigeria's economy is growing massively.

Davicl:
Ok........who notice the disappearance of thiefnunbu urchins recently

they haven't been paid 2 months 30k stipend....hunger wan finish dem

Theaster strategist is working. 😃😃Eat your 🌽 those who love it. Hehehe

Agriculture Agriculture Agriculture

This is the only out.

May this dwindling favour me and my family

Despite fuel subsidy removal and dollar rate increase, Our external reserves keeps falling, who is fooling who?

what do you expect from this sycophants government

I wonder how much dn reach this ronus people hand,
or abi the money is been shared within the caucus and not the wretched ronu urchins killing themselves on nairaland?

Davicl:
Ok........who notice the disappearance of thiefnunbu urchins recently

the sapa is gradually resetting their brain. they can no longer stand on the mandate because of hunger. they are now lying down

Memyselfu2009:
Agriculture Agriculture Agriculture

This is the only out.

the only way out of what?

anything $$$$$, na lalongggg thing.......
there's no value attached to the voice dollars we have or seem to.......
then, why borrow and pay most of your earnings still to debt servicing......?
...so that makes you a good accountant or a dubious one...?

Too bad

$33.396bn - $33.004bn=?

Someone with a calculator should help us, please.

It seems the CBN doesn't even understand simple arithmetic or they are struggling to balance the looted funds.

How does the difference above equal $520M?

They keep bamboozling you guys with fake figures knowing that the citizens don't read and thus never ask questions.

Kweeeeeeke oo.
The drug Baron is dealing with agbadorians seriously

lexy2014:


the only way out of what?

Before oil there was agriculture as Nigeria economy.

I hope you understand

Memyselfu2009:



Before oil there was agriculture as Nigeria economy.

I hope you understand

I dont understand. you said "agriculture is the only way out".

the only way out of what?

Scein:
A good father saves when the children are hungry

External reserves are not savings
They are CBN assets used to guarantee the exchange rate of the Naira which is a CBN LIABILITY
They should be readily available to foreign investors e.g airlines when they want to exit the country or to importers issuing CBN credit paper based on their Naira holdings
It is FUN reserves that give confidence to the official exchange rate
It does not belong to the government.
The CBN. buys dollars from NNPC to build the reserves.

When you take over 1000 people to Dubai for Owambe Jamboree(Sorry COP Conference ) how will the reserves not dwindle?

Something tells me the Ronu miscreants also want to use the falling Foreign Reserves to teach Peter Obi an unforgettable lesson!

Tinubu destroyed Nigeria economy with his evil economic policies

It may be up to that amount but as someone said earlier, it is more of a loan collateral now. It can't have any real effect when the whole of it can be swept away by our creditors, that's if and when we default.

Sucre7:
Trust me the reserve is way below what they say it is. If we have up to 33bn the Naira won't be free falling as it is.