The pain is that

They destroyed it

They're trying to fix it

And they are praising themselves.


Isn't this self-deceived

But the prices of commodities are not positive yet now

Anyways we are painters and a paint manufacturer

PressMyButton:

Due to activities of enemies like you and binance.

Terrible quote, you do realize that alot of people went to binance because of policies that aren't still kept

They say no more subsidies, but subsidies are still being paid. They floated the Naira. but are now guarding it.
You see that the policies made cause even more problem for the Country,
and slowly hopefully it's been restored. so as at now
progress is still in the negative, as it hasn't even been restored to where it was, in order
for us to go to where we want to be

And as for the policies; there's so much more

Action is louder than words.

What about the depreciation that led to this. 30years history.

Keep your Dollar close, the foreign reserve is being depleted, BAT Is borrowing to subsidize the US Dollar.

obi4eze:


I asked a simple YES or NO question. If you don't know the answer, then tell us. Do not jump the gun.

Once again, is Binance a Nigerian company or does it have offices in Nigeria?

you have a below 70 IQ... Kai

flokii:


Emefiele is a disgrace to the South.. the attrocities the useless man committed was just too much.
This is his fellow Southerner that is performing wonders in the same seat as CBN Governor.
The main reason some Northerners are antagonizing the President and Mr. cardoso is because of the clampdown on their shady activities killing naira in their BDC business.

A Yoruba is not one to cower to anybody or region. We are equal stakeholders in this project called Nigeria and anyone who isn't satisfied can fvck off to Niger Republic or Chad.

Your reasoning is exactly why politicians with no brains will keep outsmarting people like you.

Your articulation presents a compelling juxtaposition between the critique directed at Emefiele and the accolades bestowed upon Cardoso, despite the latter's emulation, albeit worsened, of Emefiele's policies. Although seemingly surprising, allow me to delineate the striking parallels between their approaches and elucidate why Cardoso's endeavors fall short, exacerbating the prevailing conditions.

1. The proclivity to deplete our external reserves in the defense of the naira remains a shared attribute between Emefiele and Cardoso. However, it is imperative to discern that while Emefiele's tenure witnessed such actions, Cardoso's adherence to this pattern not only persists but manifests in a heightened magnitude, thereby exacerbating the strain on our economic fortitude.

2. While Emefiele's management allowed the naira to depreciate to the extent of reaching N620, Cardoso has yet to approach such a threshold, let alone surpass it. However, this disparity does not equate to a commendable distinction for Cardoso, as his failure to address the trajectory set by his predecessor indicates a lack of efficacy rather than an improvement.

In juxtaposition, Cardoso's purported superiority falters under scrutiny, revealing a continuation of detrimental policies with heightened severity. Thus, the narrative of commendation for Cardoso remains untenable in light of these observations.

PressMyButton:

"dollar will get to 2000" crew. Pained losers.

Lol what do you think will happen when your foreign reserves gets dried??
You deep hand in foreign reserves to offload backlogs, so what happens when the foreign reserve finishes??
Without production Nigeria is wasting their time

And the depreciation was the slowest in history? Mugus

Thought I heard on radio this morning that the naira depreciated yesterday to #1100🙄

PressMyButton:
Cardoso really cleaned up the BDC market, he pulled off the unthinkable.

I tell you. He just did it without making so much noise. Kudos to him

So was the depreciation

infact the depreciation was even faster.

And the fall was the fastest in the history of the Nigeria

Lol, chai!

PressMyButton:

"dollar will get to 2000" crew. Pained losers.

The same I told people like you that dollar will hit 1000NGN whether you like it or not you must pay for your incompetence.

Dollar will hit 5000NGN before the end of his 1st tenure and 10000NGN before the end of his 2nd tenure.

People like will continue to suffer the consequences of your actions.

Mr Cardoso,the genius.

Useless people, how is the naira appreciating when APC took it from 250/dollar to almost 2000/dollar? It is only recovering and not appreciating abeg.🙄

flokii:
I'm wowed.. Nigeria is in good hands.

PBAT should do something about prices of commodities that wicked Nigerians have refused to reduce to reflect the current realities on ground.
Country full of bad and wicked people but they are always the first to complain of bad governance.

No.mind the idiots Nigerian. As I grow old am more mindfull of my neighbours than of goverment

Lovenorth:
This is a foolish propaganda,let the naira be stronger than they met it first before we take them serious

Don't mind the shameless set of people. In the history of Nigeria, has the naira ever fallen as bad as it has under APC?

How much was Naira to dollar before APC took over? Shameless leaders with senseless supporters.

PressMyButton:
Cardoso really cleaned up the BDC market, he pulled off the unthinkable.

Does the unthinkable but there's no meaningful impact to it on the citizens...
We are practically running out of physical cash due to the greedy nature of these banks ceos and the so-called CBN Governor is blind to it... Banks are intentionally hoarding cash from customers who go to their counters trying to make withdrawals, so they can start selling up the physical cash again. Cardoso should beam his light to those banks doing so, and also in a related matter; make sure this abokis don't hoard dollars cause they are currently selling the dollars to only those who are ready to pay high for a $. Most of them are still insisting on not selling their dollars below a $ to #1'500...

flokii:


Emefiele is a disgrace to the South.. the attrocities the useless man committed was just too much.
This is his fellow Southerner that is performing wonders in the same seat as CBN Governor.
The main reason some Northerners are antagonizing the President and Mr. cardoso is because of the clampdown on their shady activities killing naira in their BDC business.

[s]A Yoruba is not one to cower to anybody or region. We are equal stakeholders in this project called Nigeria and anyone who isn't satisfied can fvck off to Niger Republic or Chad.[/s]

Rubbish

flokii:


Emefiele is a disgrace to the South.. the attrocities the useless man committed was just too much.
This is his fellow Southerner that is performing wonders in the same seat as CBN Governor.
The main reason some Northerners are antagonizing the President and Mr. cardoso is because of the clampdown on their shady activities killing naira in their BDC business.

A Yoruba is not one to cower to anybody or region. We are equal stakeholders in this project called Nigeria and anyone who isn't satisfied can fvck off to Niger Republic or Chad

Rubbish

Kennitrust:
The pain is that

They destroyed it

They're trying to fix it

And they are praising themselves.


Isn't this self-deceived

What if they didn't fix it..

The same rate OBJ met isn't what he left it at, same with GEJ and PMB...BAT is trying to taking it to what he met it at and slowly that is becoming reality

Was the depreciation not the fastest and worse in History?

pocom16:


What if they didn't fix it..

The same rate OBJ met isn't what he left it at, same with GEJ and PMB...BAT is trying to taking it to what he met it at and slowly that is becoming reality

if you are close to them, advise them to think meticulously before implementing any uncalled for policies.

You destroyed something
You are trying to fix it
And you make it seem like you are wise...lol

PressMyButton:

Due to activities of enemies like you and binance.

And it wasn't you and Tinubu that asked this?

Kennitrust:
if you are close to them, advise them to think meticulously before implementing any uncalled for policies.

You destroyed something
You are trying to fix it
And you make it seem like you are wise...lol

Nothing was destroyed sir..

You aren't thinking straight..banks practice shaddy deals of selling USD to black markets and making up to N300 per note..

What Tinubu did was take steps to close that gap between official and BDC rate and have a unified rate like in any sensible economy..

Doing that is what brought that rate..it is a small sacrifice to take for the greater good..

Never has it happen that BDC rates will be less than official rate...this will allow the naira to truly experience it's true value and will keep the CBN in control of the currency not BDC or Binance.. Tinubu knows what he is doing, apparently he is not done..
He has to deal with obi supporters refusing to bring down the cost of imported goods

Talk true how much dollars in the reserve have you burned so far in defending the naira

Baba Tinubu don dey try o



If Dollar Crashes To N350 Which Car Are You Buying Immediately

pocom16:


Nothing was destroyed sir..

You aren't thinking straight..banks practice shaddy deals of selling USD to black markets and making up to N300 per note..

What Tinubu did was take steps to close that gap between official and BDC rate and have a unified rate like in any sensible economy..

Doing that is what brought that rate..it is a small sacrifice to take for the greater good..

Never has it happen that BDC rates will be less than official rate...this will allow the naira to truly experience it's true value and will keep the CBN in control of the currency not BDC or Binance.. Tinubu knows what he is doing, apparently he is not done..
He has to deal with obi supporters refusing to bring down the cost of imported goods

But what concerned Obi with this mess