Akanbi

The Failure Emeritus

In just 8 months

dklex:
If he likes make them put out 900 billion dollars the vultures will mop it up with enough naira they have arranged down before now,they are not playing.

Solution to Nigeria problem, the masses should take law into their own hand and finish the already dead nation up, Nigeria is not mend to be, the British forced it on us from the beginning. Nigeria is on oxygen now, and the gas is almost finish self. No where in the world that their national currency will be dropping like a plane that is about to crash will survive this evil economy we are running every day. Have we ever ask the reason that the naira is losinh value every day ? Are we the only country that is importing goods in the world ? even the little Benin republic live their daily lives on import than exporting, and they are still doing fine till today.

As long as everyone continues to use importer rather than local goods. The demand for fx will always stack higher than the naira....

From your gate to your living room to your bedroom everyone uses 90% imported in their homes. Even when local is available and cheaper. We all still opt for these imported items.......



We all know the solution but the fruit of corruption is to steal as to use all that glitters that is not gold....

Buy local to grow the Naira.


And it is still the same corruption that has our fx rising because our main trade partner is China and we should be concerned about the yen but our loans and corruption is in dollars.

You just dey murder Economics. Chill

Notfogotten:
Tinubu is planning to borrow and looth 10billion USD in the guise of defending the naira.

Let's assume (without conceding) he will actually borrow without loathing to defend the naira, isn't that most stupid thing to do.

If you borrow 10b USD and defend naira in the short term, won't you pay back the 10b USD with interest in USD?

This government is clueless.

That is the tragedy of a country where the people don't care about who they elect as leaders
For a people who thinks anything goes when recruiting leaders, things usually end up badly ,like what Nigeria is going through now

And what happens after the $10bn has gone the way other monies have gone?

Dollar shoots to #5000, abi?

I Love Bola Ahmed Tinubu

flokii:
May your efforts yield positive results.
The other one with questionable philosophy certificate would have buried our economy patapata had it been he won. Medical doctors, lecturers, labour etc. for don dey strike now.
We dodged a bullet.

Zombeism na beta curse.

Tueeh!

ijustdey:




https://www.thecable.ng/tinubu-well-raise-10bn-to-stabilise-naira-boost-fx-liquidity/amp

How? By borrowing again

Noted

UyaiIncomparabl:


Hope your dreams come through and not just some wild imaginations?

He's day-dreaming. Afrexim sent 2.2bn USD from 3.2bn USD loan TOE arranged. Wey the money?

Nobody is borrowing Nigeria one cent again. We can quote this post

lastkingsman:


He's day-dreaming. Afrexim sent 2.2bn USD from 3.2bn USD loan TOE arranged. Wey the money?

Nobody is borrowing Nigeria one cent again. We can quote this post

LMAO...

Just dey play just dey play just dey play..





Just dey play o Mr president until u start to see people breathing fire every where then u go serious.

Dangote
Dantata
Adenuga
Otedola
Alakija
Elumelu
Etcetera

If these and more are begged to hand out $1b each to rescue the Naira from collapsing and Nigeria from total economic meltdown, I believe raising $10b issa piece of cake

optimusprime2:
First of all, with the wastefully expensive style of Government being run by BAT- it will be easier for a mosquito to join Manchester United than for this Government to raise 100million usd ... not to now mention 10Billion usd.

Nigerians should prepare for unprecedented hardships, because this administration are undisputedly clueless on how to address this mess they caused.

Imagine Shettima talking about the government raising funds

Oga, not everybody can be fooled with this.

Printing money is the real cause of naira devaluation.

And the bed fellows when it comes to printing money are the government and CBN.

Nothing, I repeat, nothing, will stabilise the naira as long as we keep printing money.

CBN has been existing for decades. Have they ever stabilized the Naira?

Read my comment again.

SemperFid:


Its only 8 months and you're already threatening hell over 35k change

By 8 years wetin u go threaten. E sure me say you won't even be alive anymore

As per assistant god
Ode come close and take prayer to help Ur life.
Am just happy that u know he will use 8 years.

For your information, I have never had it this good before

sometimes i wonder how a criminal suddenly becomes an angel and people actually forgets he is a criminal. Do u think a criminal will make laws that will prevent him from stealing? Abeg make we dey reason with our brain oooo. peolple that are criminally benefiting from a system are here telling u how to give u good governance. How suddenly a drug dealer will give u good governance, give u good monetary and fiscal policies to benefit u. funny. Last administration actually came to enrich themselves and certain individuals for what they felt was mismanagement from their first ruler-ship opportunity as military. This administration is just here for namesake (PRESIDENT) after all it was a turn-by turn thing for them. A corrupt INEC process can not and i repeat will never produce anything reasonable as long as INEC is in support of it. How suddenly we have forgotten election processes that brought this administration in power. How do u expect anything positive from it. Just imagine a claimed cleric calling for the death of the first-lady and u will never hear anything concerning it. Just like others it will die naturally. This is the country we think can get better suddenly. we have so many issues to sort out first before we can be successful. Let us start from INEC.

MY OPINION.

blueAgent:

How would the importers of cement pay for it?I mean with which $?

some neighboring countries like Benin republic accept Nigeria naira. Africa should work on their currency acceptance or create a uniform one for themselves at least

Tobest94:
some neighboring countries like Benin republic accept Nigeria naira. Africa should work on their currency acceptance or create a uniform one for themselves at least

Those countries that accept naria, are they top exporters of cement?