Nigeria's economy is only going to get worse

No matter the policy of the government, nothing will work

The only way for Nigeria to come out of economic crisis for for Nigerians to repent and retrace our foot steps.

Tinubu is not the problem of Nigeria. The problem of Nigeria is Nigerians!

The level of our greed and wickedness is in direct proportion to the decline of the economy.

Our pastors, imams, prophets are all fake and have completely lost all touch with morality.

Take the dollar for instance. The only reason dollar can never go down is because Nigerians are buying it in bulk and keeping it under the bed, in hopes that naira will continue to fall and they get richer. But the same nigerian will come online to criticize Tinubu for not bringing dollar down.

Is it cost of food items? Farmers are now hoarding food items waiting for the price to rise even more so that they will get richer. Yet the same people will cry that the economy is collapsing.

Everybody wants Tinubu to do magic, but we still want to remain greedy, irresponsible and unpatriotic.

Suffer never starts!

Tinubu is the problem. If Tinubu steps down today, everything will begin to get better. As long as Tinubu is in Aso Rock, all the principalities and powers will focus solely on Nigeria. This is because he was not elected. Simple. Argue with your God if you like.

$1 will hit N5000. Hence Tinubu should step down to save Nigeria.
Do not ask me why.

allthingsgood:
Nigeria's economy is only going to get worse

No matter the policy of the government, nothing will work

The only way for Nigeria to come out of economic crisis for for Nigerians to repent and retrace our foot steps.

Tinubu is not the problem of Nigeria. The problem of Nigeria is Nigerians!

The level of our greed and wickedness is in direct proportion to the decline of the economy.

Our pastors, imams, prophets are all fake and have completely lost all touch with morality.

Take the dollar for instance. The only reason dollar can never go down is because Nigerians are buying it in bulk and keeping it under the bed, in hopes that naira will continue to fall and they get richer. But the same nigerian will come online to criticize Tinubu for not bringing dollar down.

Is it cost of food items? Farmers are now hoarding food items waiting for the price to rise even more so that they will get richer. Yet the same people will cry that the economy is collapsing.

Everybody wants Tinubu to do magic, but we still want to remain greedy, irresponsible and unpatriotic.

Suffer never starts!

Well, after writing all these, I don't think you know the problem of Nigeria, the same Nigerians will travel abroad and add value to the country there and they are not looking for dollars to buy and keep over there even in countries that don't spend dollars, Nigerians don't hoard food too over there...

So your points are pointless, it tells you the government is doing the wrong things that is making the citizens do what they are doing.

Who will want to hoard dollar if the naira is steady and makes gains against the dollar from time to time....

Who will want to keep food that will probably spoil if kept too long or there is surplus production from other farmers that makes the price competitive for buyers...

You guys just come out and type rubbish to defend the nonsense governments you people vote into office....

NairalandForumo:


Well, after writing all these, I don't think you know the problem of Nigeria, the same Nigerians will travel abroad and add value to the country there and they are not looking for dollars to buy and keep over there even in countries that don't spend dollars, Nigerians don't hoard food too over there...

So your points are pointless, it tells you the government is doing the wrong things that is making the citizens do what they are doing.

Who will want to hoard dollar if the naira is steady and makes gains against the dollar from time to time....

Who will want to keep food that will probably spoil if kept too long or there is surplus production from other farmers that makes the price competitive for buyers...

You guys just come out and type rubbish to defend the nonsense governments you people vote into office....

Keep deceiving yourself and be hoarding
Dollar will soon pass 2000

Validated:
Tinubu is the problem. If Tinubu steps down today, everything will begin to get better. As long as Tinubu is in Aso Rock, all the principalities and powers will focus solely on Nigeria. This is because he was not elected. Simple. Argue with your God if you like.

$1 will hit N5000. Hence Tinubu should step down to save Nigeria.
Do not ask me why.

U said this about Jonathan, Buhari and now Tinubu. Una mumu never do
Keep deceiving yourself

allthingsgood:


Keep deceiving yourself and be hoarding
Dollar will soon pass 2000

The government should work and make dollar unattractive for hoarders....

NairalandForumo:


The government should work and make dollar unattractive for hoarders....

What does this even mean

mtscheeeew

allthingsgood:


What does this even mean

mtscheeeew

Why are Europeans not hoarding dollar, why are Ghanians not hoarding dollar ?

Because it is not attractive to hoard, it is their governments that worked to make it so, even Nigerians who are hoarding the dollar here travel to these countries and will not hoard dollars there because it is not attractive to do....

The Nigerian government has failed in that aspect....

NairalandForumo:


Why are Europeans not hoarding dollar, why are Ghanians not hoarding dollar ?

Because it is not attractive to hoard, it is their governments that worked to make it so, even Nigerians who are hoarding the dollar here travel to these countries and will not hoard dollars there because it is not attractive to do....

The Nigerian government has failed in that aspect....

They are not hoarding because the are not greedy and irresponsible like u nigerians
They put their country above selfish gains
Government does not do magic. You cant be drinking poising and blaming govt for not preventing u from dieing

allthingsgood:


They are not hoarding because the are not greedy and irresponsible like u nigerians
They put their country above selfish gains
Government does not do magic. You cant be drinking poising and blaming govt for not preventing u from dieing

So the same greedy Nigerians that travel there are not also greedy enough to start hoarding dollars over there?

NairalandForumo:


So the same greedy Nigerians that travel there are not also greedy enough to start hoarding dollars over there?

Travel where Obviously u have clearly never travelled anywhere before.

allthingsgood:


Travel where Obviously u have clearly never travelled anywhere before.

Do you even understand what is going on?

Do Nigerians in Europe and Ghana hoard dollars?

allthingsgood:
Nigeria's economy is only going to get worse

No matter the policy of the government, nothing will work

The only way for Nigeria to come out of economic crisis for for Nigerians to repent and retrace our foot steps.

Tinubu is not the problem of Nigeria. The problem of Nigeria is Nigerians!

The level of our greed and wickedness is in direct proportion to the decline of the economy.

Our pastors, imams, prophets are all fake and have completely lost all touch with morality.

Take the dollar for instance. The only reason dollar can never go down is because Nigerians are buying it in bulk and keeping it under the bed, in hopes that naira will continue to fall and they get richer. But the same nigerian will come online to criticize Tinubu for not bringing dollar down.

Is it cost of food items? Farmers are now hoarding food items waiting for the price to rise even more so that they will get richer. Yet the same people will cry that the economy is collapsing.

Everybody wants Tinubu to do magic, but we still want to remain greedy, irresponsible and unpatriotic.

Suffer never starts!

Well, the basic reason why we have problems is...we are not earning enough forex

Even if we get the dollar hoarders to release the dollars they have...it would basically delay the inevitable for another few months.

People were hoarding and have been hoarding dollars for years. When oil revenues were high, it did not matter. When our forex needs were not too high as now, it did not matter. It is now that oil revenue is low, and forex needs are high, that it matters.

It is still the government's fault...Nigeria does not make enough for its needs. GOvernment is part of the problem.

NairalandForumo:


Do you even understand what is going on?

Do Nigerians in Europe and Ghana hoard dollars?

According to him Nigerians are greedy only when they are in Nigeria.

NairalandForumo:


Why are Europeans not hoarding dollar, why are Ghanians not hoarding dollar ?

Because it is not attractive to hoard, it is their governments that worked to make it so, even Nigerians who are hoarding the dollar here travel to these countries and will not hoard dollars there because it is not attractive to do....

The Nigerian government has failed in that aspect....

Hoo boy...should we tell him the bad news about Ghana...

As at 2022, Ghana's cedi lost 52% of its value vs the dollar. It was so bad, the Ghanaian central bank was buying dollars from its mining firms.

There was some respite last year, when the ghanaian government got its debt repayment suspended a bit, but that is temprorary.

It is only now there is some improvement, but they had to take a loan from the IMF and obey the IMF well well.

nairalanda1:


Hoo boy...should we tell him the bad news about Ghana...

As at 2022, Ghana's cedi lost 52% of its value vs the dollar. It was so bad, the Ghanaian central bank was buying dollars from its mining firms.

There was some respite last year, when the ghanaian government got its debt repayment suspended a bit, but that is temprorary.

It is only now there is some improvement, but they had to take a loan from the IMF and obey the IMF well well.

Oga, that's not the discussion here, we are talking about Nigerians in Ghana hoarding dollars or people hoarding dollars in Ghana...

aderadio1:
According to him Nigerians are greedy only when they are in Nigeria.

That's what he's trying to say....

NairalandForumo:


Oga, that's not the discussion here, we are talking about Nigerians in Ghana hoarding dollars or people hoarding dollars in Ghana...

Ghana was in serious trobule last time until they got a loan from the IMF and agreed to abide by IMF conditions.

Just pointing it out to you. The cedi was falling and dollar hoarding was happening there.

I know things are bad in Nigeria, and we have bad leaderships, but grass is not always greener elsewhere

Besides you implied Ghanaians were not hoarding dollars old chap

nairalanda1:


Ghana was in serious trobule last time until they got a loan from the IMF and agreed to abide by IMF conditions.

Just pointing it out to you. The cedi was falling and dollar hoarding was happening there.

I know things are bad in Nigeria, and we have bad leaderships, but grass is not always greener elsewhere

Besides you implied Ghanaians were not hoarding dollars old chap

Did you read my comments before mentioning me, I don't think you did....

If you cannot point out where I talked about the value of Ghana CEDI's to the dollar then you are just attacking me out of point, are you OK at all?

Are Ghanaian hoarding dollars now?

Are Nigerians in Ghana hoarding dollars now?

Are you well at all?

NairalandForumo:




Are you well at all?

Thanks for getting abusive. Good evening

nairalanda1:


Thanks for getting abusive. Good evening

I wasn't trying to sound abusive but if it looks like I did I apologize, was stating my point that is wasn't about the value to the currencies but the hoarding attitude the OP is blaming Nigerians for...

allthingsgood:
Nigeria's economy is only going to get worse

No matter the policy of the government, nothing will work

The only way for Nigeria to come out of economic crisis for for Nigerians to repent and retrace our foot steps.

Tinubu is not the problem of Nigeria. The problem of Nigeria is Nigerians!

The level of our greed and wickedness is in direct proportion to the decline of the economy.

Our pastors, imams, prophets are all fake and have completely lost all touch with morality.

Take the dollar for instance. The only reason dollar can never go down is because Nigerians are buying it in bulk and keeping it under the bed, in hopes that naira will continue to fall and they get richer. But the same nigerian will come online to criticize Tinubu for not bringing dollar down.

Is it cost of food items? Farmers are now hoarding food items waiting for the price to rise even more so that they will get richer. Yet the same people will cry that the economy is collapsing.

Everybody wants Tinubu to do magic, but we still want to remain greedy, irresponsible and unpatriotic.

Suffer never starts!

Please stop talking rubbish. Who are those buying the imaginary dollar? People without jobs?

The dollar in the country how do we get it? Let start from there.

It doesn't fall from heaven. We get it by transacting with other nations. As a citizen of a America, there is limited amount of dollar you can carry around and their is a limited denomination you can carry too. The same applies to euro, pounds, etc.

There is shortage of dollars because we have nothing to sell to other countries that will bring in more dollars than we need.

Tinubu is partly the problem.

He has so much bad reputation internationally that no serious investor would come in with dollar to invest in our economy.

When you talk about greed. How many people you know in person in your street that has bought dollar in the last six months?

Let me ask you. When last did you buy dollar abi you no be human being?

Beautifulday:


Please stop talking rubbish. Who are those buying the imaginary dollar? People without jobs?

The dollar in the country how do we get it? Let start from there.

It doesn't fall from heaven. We get it by transacting with other nations. As a citizen of a America, there is limited amount of dollar you can carry around and their is a limited denomination you can carry too. The same applies to euro, pounds, etc.

There is shortage of dollars because we have nothing to sell to other countries that will bring in more dollars than we need.

Tinubu is partly the problem.

He has so much bad reputation internationally that no serious investor would come in with dollar to invest in our economy.

When you talk about greed. How many people you know in person in your street that has bought dollar in the last six months?

Let me ask you. When last did you buy dollar abi you no be human being?

This here is the problem of nigeria
High irresponsibbility
You are not ready to accept the truth staring u in the face.
You have been blaming all the Presidents since 1999. Una mumu never do?
No worry na, dollar will soon reach 3k. Rice will be 150k before u grow sense.

allthingsgood:


This here is the problem of nigeria
High irresponsibbility
You are not ready to accept the truth staring u in the face.
You have been blaming all the Presidents since 1999. Una mumu never do?
No worry na, dollar will soon reach 3k. Rice will be 150k before u grow sense.

shut up abeg. Do you know what is governance? Have you ever travelled out of this country to see how government work?