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Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga - Politics - Nairaland

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Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by dre11(m): 4:17pm On Mar 21
The Presidency has assured Nigerians that the Naira will soon appreciate.

President Bola Tinubu’s special adviser on information and strategy, Bayo Onanuga, urged speculators to quickly dump their dollars to avoid “tears.”

Onanuga who posted on social media while reacting to the Central Bank of Nigeria (CBN) disclosure that it had cleared the $7 billion foreign exchange backlog inherited by Governor Yemi Cardoso, said Naira is set to appreciate further.

He wrote: With backlog FX settled, Naira is set to appreciate further, faster. Currency speculators should quickly dump their stock of dollars to avoid sorrows and tears.”

The Nation had reported that the CBN’s Acting Director of Corporate Communications, Mrs Hakama Sidi Ali, confirmed the settlement of all valid FX backlog claims.

Ali said the apex bank employed Deloitte Consulting, an independent auditing firm, to meticulously assess the transactions, ensuring that only legitimate claims were honoured.

“Any invalid transactions were referred to the relevant authorities for further investigation,” she stated.

The CBN’s commitment to tackling the FX backlog appears to be paying off, with the external reserves seeing a significant rise, reaching $34.11 billion as of March 7, 2024, the highest level in eight months.

https://thenationonlineng.net/naira-will-appreciate-dump-your-dollars-to-avoid-tears-onanuga/

39 Likes 7 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by AmakaTips2: 4:18pm On Mar 21
Advance

3 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Massiveglory: 4:19pm On Mar 21
People who are totally confused in governance .
Whatever they claim to do is only seen on the pages of newspaper with zero effect in the nation as inflation is making the naira close to useless.
They are busy amasssing wealth for themselves and cronies are asking you to do away with your dollar.

This is when you need thunder to strike

140 Likes 12 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by tommy589(m): 4:21pm On Mar 21
It's their money ,let dollar owners decides what to do with it

161 Likes 11 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by phelps007: 4:23pm On Mar 21
...and hypertension

20 Likes 4 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Moyinoluwa35(f): 4:23pm On Mar 21
Keep quiet oga grin it's just for a mere time, this country just really messed up ,

52 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by sukkot: 4:23pm On Mar 21
lol this man too like vawulence

12 Likes 1 Share

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by KiNg0G: 4:24pm On Mar 21
Still yet akpu don go 150 for one

7 Likes 1 Share

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by LagosFirstSon: 4:24pm On Mar 21
Is Onanuga the CBN governor now

74 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Goodlady(f): 4:24pm On Mar 21
Sir, just keep working. Stop making mouth.

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Ofunaofu: 4:24pm On Mar 21
Bayo Onanuga no longer understands the scope of his job.

He speaks about everything but says nothing meaningful. 

He now speaks for the Central Bank of Nigeria

37 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by nazicartel(m): 4:24pm On Mar 21
These guys think we are running nursery and primary school govt here. They think this is secondary sch that the principal will ask the students to come out if they haven't paid their fees, that if you don't come out they will deal with you.... These guys should concentrate and govern eloquently and leave all these nonsense system of mind govt they're playing. It won't work

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Angelfrost(m): 4:24pm On Mar 21
Good to hear... Let it keep appreciating till it hits #600 to a Dollar. cool

The only question remains: Will the prices of goods immediately follow suit?!! undecided


Those still tenaciously holding on to their purchased or hoarded Dollars, and praying for a negative reversal of this trend... I have no words for you people. SMH!!!

27 Likes 4 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Alliswell248: 4:24pm On Mar 21
The obidafts would be disgraced...
How can u be in a ship and be wishing the ship to sink because you don't like the pilot?

I refused to be an obidafts.

My country would get better even if I don't like the person in

13 Likes 4 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by DropsMic(m): 4:24pm On Mar 21
Yawn

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by sanerugwei: 4:24pm On Mar 21
You dont say?
Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by datola: 4:24pm On Mar 21
See format

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by udemzyudex(m): 4:24pm On Mar 21
Appreciate to #500?

1 Like

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by tetralogyfallot(m): 4:24pm On Mar 21
Insha'Allah

3 Likes 1 Share

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by DeZoro(m): 4:24pm On Mar 21
Dump dollar for where?

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Jughead29: 4:25pm On Mar 21
Naira is going straight to 1300/$ , if it breaks N1250 zone (support)

It will crash down to the next demand zone @ N900/$

17 Likes

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by 82man: 4:25pm On Mar 21
🤣🤣🤣🤣😌😌😌😌😌

3 Likes

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Racoon(m): 4:25pm On Mar 21
Crook! Even this useless Bayo Onanuga will never empty or dump any dollar in his account because of same. The same APC that said 1$ to #216 is not ok in 2015? Trust these chronic liars at your own peril.

20 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Rapture4real(m): 4:25pm On Mar 21
Tinubu is working

8 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by spencekat(m): 4:25pm On Mar 21
Story

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Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by ATLANTIC01: 4:25pm On Mar 21
Anything above 1000 is still a joke

2 Likes

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by yanjutomi(m): 4:25pm On Mar 21
what are they using to counter the $$$ SMH all na false alarm ooooooo
Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by iReddington: 4:25pm On Mar 21
Lagos Boys are working, wailers and the haters of the country are sobbing... grin

21 Likes 4 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by CalabarPikin: 4:26pm On Mar 21
Take it to 216 then we can talk..


For now, let this government favour me and my family

9 Likes 2 Shares

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Never4getU: 4:26pm On Mar 21
Massiveglory:
People who are totally confused in governance and are busy amasssing wealth for themselves and cronies are asking you to do away with your dollar.

This is when you thunder to strike.

Do u know how much dollar is as at today? Contact ur Google to verify

7 Likes

Re: Naira Will Appreciate, Dump Your Dollars To Avoid Tears – Onanuga by Exceed15: 4:26pm On Mar 21
Sell the bobo to your brainless supporters.

8 Likes

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