Godfullsam:


You be really confirm igbo . Igbos and bragging are inseparable .

For your mind laidis, since you can afford a common bag of rice others can not afford it abi .

Any way, congratulations for being able to afford a bag of rice .

It is a great achievement to you. Don't forget to go and do thanks giving o .

While at it, always remember that one man's tithe is another man's salary.

Olodo!

Pained

PaNnamdi:
When people supports crooks and thieves over competence due to ethnic hatred what we are currently suffering in Nigeria is the end result.

I don't know why stabilizing the falling naira is a rocket science for the empty big headed CBN Governor called Cadoso.The man had proven to be as useless as the emolikan that is his boss.Those illiterates saying that they don't need dollars well I don't blame them because when we told them to go to school and learn they refused and choose to turn their region into a head mining region in vain search of wealth while the others choose to do street begging bussiness and shoe sowing bussiness.Jonathan built schools for these fellows but they refused to go to the school.


Printing more naira notes isn't the solution to naira problem.Saving the naira is not something extremely complicated all that these criminals need to do is to use the remaining dollar reserves in the CBN and use it to fix the naira exchange rate.for example,if CBN have just 1 billion dollars in the reserves Cadoso should equate all naira in circulation to 200 billion naira and that will give you 200 naira exchange rate for one dollar.

EFFECT OF THIS POLICY

Let say there is 1.5 trillion naira currently in circulation in the Nigerian economy and the government decides to fix the naira to the dollar at 200 naira to the dollar,the clueless CBN ought to equate the 1.5 trillion naira to 200 billion naira which is 2 billion divided by 1.5 trillion which will give you 0.13.if you had 100,000 naira at the bank your new cash value would be 13000 naira as you see the naira had appreciated and your 13,000 is now equivalent to 100,000 naira you had previously at the bank and excess naira notes in circulation would be reduced and everybody will have the actual value for their money.

Printing more naira notes will only make Nigeria naira become extremely useless.If a CBN Governor doesn't know these simple economic basis is explained above then know that the country is crashing right into the middle of the ocean.

This your beer parlour economics will only work when idiots like you school in the village.

jconsulting:


This your beer parlour economics will only work when idiots like you school in the village.

Poverty have molded your brain to the extent that if u see hope your brain interprets it as hopelessness