malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?

malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?

Forkthiefnubu:

This is so far fetched that it is kind of assuming Nigerians are stupid and will accept any balderdash

nurey:


Are you just waking up

As far back as 2012 there was clamor that tens of ship birth in Nigeria waters loaded with goods, but leave our shores with empty container.

80 to 90% of our earnings is oil, other earnings like mining, forest reserves and mineral resources other than crude are been smuggled out by our leaders.

All the farmers don japa from bush including as fulani marauders no gree make we farm in peace.

In other words Nigeria is living above its means currently.

Buhari killed Nigeria by printing 22trillion naira without tagging to any productivity. A serious gov will damn all consequences and pick Buhari up and enslave him and his generations seizing anything tied to that cursed name.

malali:


The rate at which things are going. The fuel subsidy has to be reintroduced or else they have to start food subsidy.
The only other solution is to export crude oil agreed quotas and then sell subsidized crude oil to dangote refinery with an agreement to sell subsidized petrol to Nigerian government in return for the subsidized crude oil allocation.

nurey:


All this one you are talking will.not work, Nigeria will crash just a matter of time, I am not a pessimist though but time to pray has gone, it's time to wake up and survive. It is only agriculture that can save Nigeria big time currently as long as insecurity is still not tackle and we aren't producing and exporting anything other than crude oil, we are heading for doom.

malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?

malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?

Forkthiefnubu:

This is so far fetched that it is kind of assuming Nigerians are stupid and will accept any balderdash

ExudeLoveToAll:


In this case the counterfeiting gives birth to original notes and not fake notes, fake notes can be expunged as quickly as possible because of security features on the features.

This problem is getting out of hands, the CBN should do the needful. This is not funny anymore.

nurey:


Are you just waking up

As far back as 2012 there was clamor that tens of ship birth in Nigeria waters loaded with goods, but leave our shores with empty container.

80 to 90% of our earnings is oil, other earnings like mining, forest reserves and mineral resources other than crude are been smuggled out by our leaders.

All the farmers don japa from bush including as fulani marauders no gree make we farm in peace.

In other words Nigeria is living above its means currently.

Buhari killed Nigeria by printing 22trillion naira without tagging to any productivity. A serious gov will damn all consequences and pick Buhari up and enslave him and his generations seizing anything tied to that cursed name.

ahmedio2017:



Mumu, go and pick him up now, sebi he was the one that removed fuel subsidy? Float naira? Why are you like this in this country? They will just be quoting rubbish for you and you will just be accepting them without any verification. Imf and word bank advice your emilokan to remove subsidy, he did without providing any solution. That same west is subsidizing a lot of food, and other items for their respective country. All the countries of the world subsidized things for their citizens in one way or the other but in Nigeria reverse is the case. When he removed fuel subsidy, some of the proceeds is supposed to be use for subsidizing food but they are embezzling it and you are just shouting buhari left and right like a mu.mu na buhari dey government? Na him remove subsidy? Na him float naira?

What is UK producing that make their pound to be so strong? Oga wake up.

nurey:


Are you just waking up

As far back as 2012 there was clamor that tens of ship birth in Nigeria waters loaded with goods, but leave our shores with empty container.

80 to 90% of our earnings is oil, other earnings like mining, forest reserves and mineral resources other than crude are been smuggled out by our leaders.

All the farmers don japa from bush including as fulani marauders no gree make we farm in peace.

In other words Nigeria is living above its means currently.

Buhari killed Nigeria by printing 22trillion naira without tagging to any productivity. A serious gov will damn all consequences and pick Buhari up and enslave him and his generations seizing anything tied to that cursed name.

malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?

nurey:


There is no need for insult sha
As he dey pain u, he dey sweet me
As he dey sweet me, he dey pain you

ahmedio2017:



Mumu, go and pick him up now, sebi he was the one that removed fuel subsidy? Float naira? Why are you like this in this country? They will just be quoting rubbish for you and you will just be accepting them without any verification. Imf and word bank advice your emilokan to remove subsidy, he did without providing any solution. That same west is subsidizing a lot of food, and other items for their respective country. All the countries of the world subsidized things for their citizens in one way or the other but in Nigeria reverse is the case. When he removed fuel subsidy, some of the proceeds is supposed to be use for subsidizing food but they are embezzling it and you are just shouting buhari left and right like a mu.mu na buhari dey government? Na him remove subsidy? Na him float naira?

What is UK producing that make their pound to be so strong? Oga wake up.

malali:


Condoms were invented for sperm that gives rise to people like you.

EponObi:


You are not enlightened. Of all countries, na UK you picked to drive home your argument. Go and ask Britons what's up now? Ask them how their middle classes are faring and the rate people are entering the poverty zone because of raging inflation.

malali:
There is more than meets the Eye.

Why do i feel some people are counterfeiting the naira.

Because no one can really explain how there is an infinite amount of Naira in circulation. Even if the naira was free floating by now there should be an equilibrium. It should have pegged itself.

The only reason why the naira can be dropping till infinity is if the production is unlimited ? Counterfeiters ?

[b]To be realistic, no amount of salary increments can resolve this.

This is very serious, the government has to act now........There are so many African countries, who do not even produce crude oil or subsidize forex but their local currency is stable.

Why is the naira dropping everyday ? Are people counterfeiting the naira ?[/b]

ahmedio2017:



Hmm I know of the inflation, but what make their pound to be so strong against naira that's the question oga, you don't the person you are chatting hence you won't talks about enlightenment.