Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu - Business (3)

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Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu (24336 Views)

Kingsley Moghalu Reveals The Problem With The Naira / Nigeria's FX Crisis: What You Should Know By Kingsley Moghalu / History Of Naira To Dollar Exchange Rate (1972-2019) (2) (3) (4)

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Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Kukutente23: 7:48pm On Mar 24

nlfpmod:

Kingsley Moghalu OON

I think this beating on exports is a false gun.
There's no evidence that more exports will strengthen the naira.
When 1 naira=1 dollar in the 70s and 80s, we were not an exporting nation.
China which is the leading export nation in the world has a currency that's weak against the dollar.
We should tell our elites to stop mopping up and stocking dollars and you'll see the naira rise in value

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by CoronaVirusPro: 7:51pm On Mar 24

Such feet is not impossible!

It will take time, yes! But it’s possible.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Barzinime(m): 7:58pm On Mar 24

With all the comments that I read I can conclude that what we have here on nairaland are bunch of illiterates.

2 Likes

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by emperor863(m): 7:59pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

You are one of the economic illiterates Mhogalu mentioned in this article. You are indeed a big f00l.

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Goodnewsforlife: 8:01pm On Mar 24

God2man2again:
You are a Nigerian, yet you are cursing your own President that he will crumble, where will you be when it crumbles?

We are all in it together, let's be positive and hope for the best.

just leave d fool

If tinubu should crumble n rice is 200k per bag d idiot think tinubu will not have money to buy it

He doesn’t know it is d masses that will suffer, they pray for tinubu to fail without knowing d implications

1 Like 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by israelmao(m): 8:02pm On Mar 24

Moghalu made some sense,how many made-in-Nigeria products are exchanging for dollar?Nigerian power generation,transmission and distribution are oscillating like pendulum bob and yoyo.According to him South Africa with just 60million population has been able to generate 50,000 megawatts while Nigeria is still battling with 6,000 megawatts with over 250milion population.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Codes151(m): 8:08pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

where did Buhari leave it?

Was it Tinubu that printed billions (inflation)
and made the policies before elections?

Maybe we Nigerians deserve all this. Because na illiterates we be.

Buhari is a bastard.
A bastard that destroyed our economy.

All those that voted Buhari deserve all the suffering

1 Like 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by psalmsjob: 8:10pm On Mar 24

nlfpmod:

Kingsley Moghalu OON

Well done to one of the only Igbo man wey get oil for head....is it a coincidence that the correct igbo wey truly get sense are in the financial sector except of course Emefele....the rest are empty bigot who have nothing to offer Nigeria and you see how he rightly name Buhari and Osinbajo economic-illiterate that they are.....

please obident-idiots should stay away from this fine Igbo man who has his masculinity in good measure not that coward Peter Obi who is jumping from pillar to post waging spiritual war of attrition against Muslims during election but waging a spiritual war of affiliation now after election just to be president of Nigeria that he can never be for lack of integrity.....

Back to the matter the point is that the solution to Nigeria's problems is ELECTRICITY just give us light and say on mark and we've gone already grin

1 Like 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by bitingcool: 8:14pm On Mar 24

id4sho:
Sope otilo

e don go

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Exceed15: 8:15pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Point of correction, He should return to where he accused GEJ of putting hardship on people when it less than N200..he even called it "Jonathan's tax".. Bloody hypocrite.

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by fareed69(m): 8:18pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Okay

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by fareed69(m): 8:19pm On Mar 24

jojothaiv:
We can all agree that the Tinubu led administration is a failure then if they can't take the dollar back to where they met it when he spearheaded the hypocritical grumbling and sustained wailing against GEJ years back.

Okay

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Freedomman1960: 8:19pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

You still do not understand what the man is talking about We are no more defending the naira with dollar like the fraud Emiffiele was doing

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by fabolouz1(m): 8:20pm On Mar 24

Mr moghalu is among those whose actions/inactions brought the economy down to her knees .

How does having $100bn in reserves help the naira?

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Kusu12: 8:23pm On Mar 24

Obirodents have turned Nairaland to Wailingland. The article is beyond their comprehension. They are programmed to wail grunt and peddle falsehood.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by edungene7: 8:25pm On Mar 24

With subject matters like this one will know that lots of Nigerians are educated illiterates we are all going back to what Peter obi said from consumption to production else in two years time what happened in Somalia will be childs play many of the clowns shouting Jagaban on your mandate we stand don't know what is coming

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by arsenal33: 8:25pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

it was at that level because we were using our dollar earnings to defend it. Is that what you want again?

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by boxypane(m): 8:26pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Obedient sighted. They don't reason beyond their nose. Unfortunately for you, Obi shall never be President of Nigeria. Na your President you dey embarrass, you actually are embarrassing yourself.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by damkin24(m): 8:27pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Sorry for your pains. Get well soon

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by boxypane(m): 8:28pm On Mar 24

Massiveglory:
It is so shameful to see that in the midst of a collasped economy and very high cost of goods ,services and commodities, What tinubu and his team spend time on is to throw useless propangandas of praising and hailing failures and cluesss entities for 1 dollar to 1400.
Buhari who we thought was the most clueless Nigeria ever had left at 700 to a dollar.
It is about 1400 to a dollar and people who say they are humans donate themselves to be used to promote cluessness and failures.

Tinubu is a disaster.

This goes to show that you are actually not educated on comparing both regime, even after Kingsley broke it down plain.
Please read again, I no go teach you.

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by IbeOkehie: 8:30pm On Mar 24

epainos:
I laugh when I read NL comments and ignorant people in economics and finance matters rush to the front page to hype what is going on. Bayo Onanuga is just playing on your intelligence cos I believe there is something they want to achieve with this hype. I believe the tension is extremely high on them, and they are looking for a way to lessen it. Lol.

Number 1, Emefiele should be shot dead by firing squad cos he killed Nigeria. I went through all his actions and I wept for Nigeria.

And what should happen to President Buhari In case you don't know, PRINTING MONEY to spend on Nigerians was the OFFICIAL ECONOMIC POSITION of Bola Tinubu during the 2014 Election Campaigns and even long before that. APC policy has ALWAYS been that printing money will solve our economic problems.

Please put the blame where it belongs.

Good Luck to Nigerians.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Izuchukwu70: 8:31pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

This is one of illiterate the writer just wrote about.

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by olatuns2017: 8:40pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Mention 5 countries in the world that have not experienced inflation in the last 1 or 2 years.

Let BAT breathe
Nigeria is going to be better under BAT but the zoo will be hot

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by toujurs: 8:51pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

Honestly it's so shameful, worst of it all the clueless fool, brought in tribalism into Federal government, buhari who even said he would give appointments to only the regions that voted for him.

Wasn't this tribalistic. So disgusting. For a government, who sees it's self as federal. It's a shame

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Peejayz: 8:55pm On Mar 24

christejames:
What will you now call the party who met dollar at #216 but pushed it to #1,600 and now gaslighting us to rejoice because naira dropped to #1,300?

Those one should be living in Kololand then .

Those that left it at 216 naira, how much did they meet it ?

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Shimbo96(m): 9:05pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

ode 😁

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by PHAYOL81: 9:08pm On Mar 24

He's said it all. The key point is to diversify and then, build an export-oriented economy with quality and massive manufacturing capacities. And well, according to his manifesto and his government policies in line with his promises therein, that's exactly what Asiwaju Tinubu's administration is building at. It may take time but we'll get there.
Remember, all the governors have a big role to play in this as well so that no state/region would be left behind.+

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Killermamba: 9:16pm On Mar 24

nlfpmod:

Kingsley Moghalu OON

they are living in zeeworld

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Bimpe29: 9:16pm On Mar 24

And what if that happens? Prof Moghalu, the latest doubting Thomas.

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Gentlechika(m): 9:17pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it

Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble

You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

shut up!

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by sulaak(m): 9:23pm On Mar 24

Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400

All we’re saying is he should return it to where Buhari left it
Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era

Tinubu you’ll crumble
You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

You are the economic illiterate that Moghalu is talking about.

How much is Niogeria reserve, how much do we export, what do we produce? If you want 1$ to N400 then export $200 billion of product instead of import $24 billion of refined oil per annum

the exchange rate will (and should) reflect its market value in reality, not the artificiality that the Emefiele era central bank sought to maintain to please economic illiterates in political power at the time

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by unmask: 9:24pm On Mar 24

Massiveglory:
It is so shameful to see that in the midst of a collasped economy and very high cost of goods ,services and commodities, What tinubu and his team spend time on is to throw useless propangandas of praising and hailing failures and cluesss entities for 1 dollar to 1400.
Buhari who we thought was the most clueless Nigeria ever had left at 700 to a dollar.
It is about 1400 to a dollar and people who say they are humans donate themselves to be used to promote cluessness and failures.

Tinubu is a disaster.

It seems you did not understand anything the man said

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