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Nobody Is Talking About Dwindling Naira Value - Politics (7) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nobody Is Talking About Dwindling Naira Value (20733 Views)

Bawa: My Achievement As EFCC Chairman Is Increasing Naira Value Against Dollar / Despite Dwindling Resources, Governors Spend Billions On Private Jets / Buhari: We Borrow To Finance Budget Because Of Dwindling Revenues (2) (3) (4)

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Re: Nobody Is Talking About Dwindling Naira Value by Calitoscassius(m): 6:51pm On Jan 18
Soon wealthy people would not be able to go outside their mansions without being robbed by the poor and hungry, the poor and hungry will start breaking into the rich houses and robbing them of food and cash.


The war will be between the rich and the poor. It is inevitable! Question is, how soon?

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Re: Nobody Is Talking About Dwindling Naira Value by nairalanda1(m): 7:21pm On Jan 18
seguno2:


Is that not what PDP is about, especially with Atiku/Obasanjo and Jonathan- privatisation and liberal economic policies

The same pdp that also kepr subsides on petrol and is responsible for subsidy on power, both of which apc is continuing?

No offence, but subsides are why we have issues.

At leasr pdp allowed the GSM sector to be free. Would to God they had done the same for petrol. Not the partial removals that the army and later apc do.
Re: Nobody Is Talking About Dwindling Naira Value by seguno2: 7:35pm On Jan 18
nairalanda1:
The same pdp that also kepr subsides on petrol and is responsible for subsidy on power, both of which apc is continuing?

No offence, but subsides are why we have issues.

At leasr pdp allowed the GSM sector to be free. Would to God they had done the same for petrol. Not the partial removals that the army and later apc do.

Jonathan’s PDP tried to remove subsidy but APC played politics with plenty propaganda to make the masses oppose it.
Re: Nobody Is Talking About Dwindling Naira Value by Rubyjade: 8:02pm On Jan 18
shocked
Paraman:
1 USD = 19.08 LSL

LSL means Lesotho Loti.

What's Lesotho exporting that makes their currency very strong against the dollar? Namibian dollar is also about 20/$, Whats Namibia also producing?

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Re: Nobody Is Talking About Dwindling Naira Value by Justnation: 8:37pm On Jan 18
Prigidypogodo:
Naira is almost 1360 in p2p market and everywhere including the media is silent.

no wahala.
we'll keep increasing our goods price till the poor masses do the needful.

This is the reality in Nigeria, because the print and electronic media are controlled by a section of people with interest in the present administration everyone one of them has gone mute.
Even the usual know it all professors and chief "gbajue" together with the arm chair critics have gone to slumber.
The save Nigeria crooners, public protest organizers, radio and television analysts no longer appear to be heard or seen.
THANK GOD FOR SOCIAL MEDIA.

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Re: Nobody Is Talking About Dwindling Naira Value by gratiaeo(m): 9:08pm On Jan 18
nairalanda1:


Well, a revolution would be welcome, but it won't change the value of the naira.

The naira value can be changed if we become an exporter of manufactured goods and services.

Right now, the value of the naira is dependent on the price OPEC and other people set for oil...which accounts for 80% of our forex earnings.

If the revolution guarantees an economy that would be a manufacturer of industrial goods for export, I am all for it.
Honestly there is no excuse for APC failure apart from economy which other aspect of governance have they got right since 2015?
Re: Nobody Is Talking About Dwindling Naira Value by chukwuma89w: 9:17pm On Jan 18
FreeStuffsNG told us yesterday that 8 trillion naira will pop out of thin air for us to use the naira to strengthen the naira 🤣🤣FreeStuffsNG told us yesterday that 8 trillion naira will pop out of thin air for us to use the naira to strengthen the naira 🤣🤣...
Re: Nobody Is Talking About Dwindling Naira Value by Lightorder: 9:31pm On Jan 18
Ozommadu:

Wole Soyinka has suddenly gone mute
shameless man
Re: Nobody Is Talking About Dwindling Naira Value by Lightorder: 9:40pm On Jan 18
YoungLionken:
As in ehn undecided..

Those of you that voted BAT along tribal/religious lines, hope you're sincerely happy undecided...
my own bi say my shishi no go leave my hand enter any fellow who would be out there at the bustop, begging ,''ejoor , oko mi elp me"

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Re: Nobody Is Talking About Dwindling Naira Value by searchlight: 10:32pm On Jan 18
Ozommadu:

Wole Soyinka has suddenly gone mute
He's a Yoruba, that's what they are known for.
Re: Nobody Is Talking About Dwindling Naira Value by ariesbull: 1:51am On Jan 19
mightyhaze:
Gbamsolutely!

You are a genius in these things


Let's keep talking about that guy .. the things he did and didn't do.. the current economic,social and security situations can wait first.. let's deal with obi and datti first..


that how foolish they reason
Re: Nobody Is Talking About Dwindling Naira Value by justtoodark: 2:46am On Jan 19
Prigidypogodo:
Naira is almost 1360 in p2p market and everywhere including the media is silent.

no wahala.
we'll keep increasing our goods price till the poor masses do the needful.

you have givin parallel market a nice name now....

you do know parallel markets is illegal in other countries right....??
Re: Nobody Is Talking About Dwindling Naira Value by Iamanoited: 6:11am On Jan 19
DWINDLING IN VALUE, AVAILABILITY AND ACCEPTABILITY. WE DON'T EVEN KNOW THE ROLE OF NMPC ANYMORE. WE DON'T ALSO KNOW THE RELEVANCE OF THE CBN CLEAN MONEY POLICY.
Re: Nobody Is Talking About Dwindling Naira Value by Iamanoited: 6:18am On Jan 19
THIS PARTICULAR DISPLAY IS CLEAN. THAT'S GOOD.
Re: Nobody Is Talking About Dwindling Naira Value by Iamanoited: 6:22am On Jan 19
THIS PARTICULAR DISPLAY IS CLEAN. THAT'S GOOD.

NMPC SHOULD PRODUCE N1000 NOTES WITH SILK NOT POLYMER.
Re: Nobody Is Talking About Dwindling Naira Value by kenex4ever(m): 6:31am On Jan 19
Ozommadu:

Wole Soyinka has suddenly gone mute
That man is the most irrational and tribalized human.

1 Like

Re: Nobody Is Talking About Dwindling Naira Value by Chigorkizz(m): 7:03am On Jan 19
benardtotti:



Thank you for schooling that ignorant fella, even the Obi won't do any different from what BAT has done already, the only thing he would do different is probably reduce cost of the executive ( this in itself won't revive the economy) but an average Nigerian is either too sentimental or dumb to understand real economic issues, buhari really did a bad job with the economy and it will take a lot of guts to get back on track.
Wow! You suddenly realized Buhari did a bad job with the economy after praising him for good eight years.

You accuse and cause those who were saying same thing you just said.

I wonder the kind of breeds we have in this country .

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Re: Nobody Is Talking About Dwindling Naira Value by 2elliot: 7:20am On Jan 19
NSNO:

What exactly will a revolution solve?
Do you think it is easy to start, sustain or experience a revolution?
Has revolution solved the major problems of any nation?
Is a revolution going to immediately increase food production?
Black man
Re: Nobody Is Talking About Dwindling Naira Value by 2elliot: 7:21am On Jan 19
ShoeGetSize:
You're beginning to sound like a broken record and if you're not careful, you will end up discrediting Peter Obi.
I actually saw someone on NL writing the other day that the reason Nigeria couldn't beat Equatorial Guinea was because God is punishing us for not voting Peter Obi.
You guys are getting caught up in nonsense and over emotional sentiment and it is damaging your brand.

Truly, una mumu never do.

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Re: Nobody Is Talking About Dwindling Naira Value by Paraman: 7:26am On Jan 19
nairamaniac:


The paraman guy is very dull, no he small.

First he analizes the strength of current cirs based on decimalization without knowledge of redonination. Then he transfers the blame of dwindling currency value to those of us importing items.

Does he even know that he is directly an importer by daily use of vehicles as means of transportation which runs on petrol?


Or maybe he trecks 247.
Your father is the dull person you're talking to.
Re: Nobody Is Talking About Dwindling Naira Value by ShoeGetSize: 7:29am On Jan 19
So you believe that Super Eagles performance is as a result of God's anger with Nigerians not voting for Peter Obi? God isn't angry because of corruption, kidnapping, Boko Haram/ISWAP, but he is angry on Peter Obi's behalf?
Perhaps you should ask yourself whose Mumu never do.

2elliot:
Truly, una mumu never do.
Re: Nobody Is Talking About Dwindling Naira Value by Antivirus92(m): 9:38am On Jan 19
benardtotti:



Thank you for schooling that ignorant fella, even the Obi won't do any different from what BAT has done already, the only thing he would do different is probably reduce cost of the executive ( this in itself won't revive the economy) but an average Nigerian is either too sentimental or dumb to understand real economic issues, buhari really did a bad job with the economy and it will take a lot of guts to get back on track.
was Buhari not voted for and supported by your likes?
Now you're again supporting tinubu blindly, if he comes down now, you will admit that he performed poorly in terms of economy. Obi would have made a lot of difference
Re: Nobody Is Talking About Dwindling Naira Value by nairamaniac: 11:32am On Jan 19
Paraman:
Your father is the dull person you're talking to.

You just confirmed our popular suspicion here.
Re: Nobody Is Talking About Dwindling Naira Value by ConnectEducate: 2:18pm On Jan 19
The best way to take advantage of the problem the British put us into is to use the only thing they gave us “English” and make $. And £ with it.

And thank God I have been getting paid in $ for speaking English.
Re: Nobody Is Talking About Dwindling Naira Value by VaselineCrew: 10:54am On Jan 23
Yet Wole Soyinka is still talking about Obi and elections.

The rate at which things are becoming unaffordable doesn't concern him, wow
Re: Nobody Is Talking About Dwindling Naira Value by VaselineCrew: 10:56am On Jan 23
Ozommadu:

Wole Soyinka has suddenly gone mute

Actually, he hasn't gone mute. He just criticized Obi and supporters few days ago again about an election which was stolen by the APC he supports.

I don't think quality of life for Nigerian people matters at this point to the so called professor.

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