[quote author=KingExalted post=129891682]The government lacks the support and patriotism of the people. The consequences of rigging elections. Secondly, the government is not serious at fighting corruption and fraud. The Government policies cannot attract investors. Lastly, insecurity is an issue here. People can no longer move freely. The Economy cannot grow under these circumstances [/quote
Can we stop blaming the people please. The average Nigerian has no hand in this disaster. Unless you want to blame the idiots that voted for the mad man in Aso rock.

MikeMicheal:
Make e continue to go UP.

When it went lower, traders refuse to adjust price, claiming old goods.

SO, NO POINT praying for a strong Naira.

As much as I hate to say this,the traders or importers won't bring down prices with the high volatility of the currency!

You cannot depend on a naira that goes up today and goes down slightly or appreciate in few days and depreciate in days!

Stability of the naira is key to the reduction ofgoods and services!

If there is a sustainable or constant downward trend of our currency in 2 or 3 months,the traders will be forced to bring down their prices!

oluwaseunamos33:
Oh Lord, have mercy on Nigeria and bless us with competent and God fearing leaders that will take us to our promise land ijn

After shouting Emilokan abi?


E fe ku!

Ancecoker:
The Nigerian Naira's recent performance as the world's worst-performing currency is a complex issue with various economic and political factors contributing to its decline. Some possible reasons include:

1. Economic challenges: Nigeria's economy has faced difficulties, including inflation, currency fluctuations, and a significant decline in oil prices (Nigeria's main export).
2. Political instability: Political uncertainty and instability can lead to a loss of investor confidence, affecting the currency's value.
3. Monetary policy: Central Bank decisions, such as interest rate changes or currency interventions, can impact the Naira's performance.
4. Trade and investment: Nigeria's trade balance, foreign investment, and remittances can influence the currency's strength.
5. Global market trends: Global economic conditions, such as currency fluctuations and investor sentiment, can also impact the Naira's performance.

It's important to note that currency fluctuations can have significant effects on a country's economy and citizens.

learn how to think for yourself.
ai won't do you good.

Where are the willing slaves who were on this platform touting the performance of your worthless and useless Naira against the $? I told you then that the so-called value gain against the $ was nothing but an illusion and temporal because your failed government is subsidizing the worthless Naira. So, only an idiot would be surprised that your Naira is losing value.

Kpartners:
Before nko?
That award is for naira naa
I have said it before that they have run out of ideas, I use to believe that Asiwaju will assemble the best brains unlike Bubuu, but I can tell you that Bubuu will even be considered a technocrat compared to the performance of Asiwaju
It will only get worst so let us tighten our belt's. But my happiness is that we all are experiencing the terror going on in this country regardless of who you voted for

Using artificial intelligence, I can tell you that the future of this country called Nigeria is not bright at all

We have a long journey ahead of us

May God be our helper

He started off on a very wrong note. But his supporters here kept cheering him on.

One year after taking over the economy is a Shadow of itself. Now we are back to paying subsidy but we are buying fuel for x4 of the former price so what was the idea behind removing subsidy and triggering hyperinflation??

APC supporters are very stupid honestly and I'm glad that there is no separate market, fuel price or dollar exchange for APC supporters. Let's keep decieving each other with propaganda

Edusouls:
Were is buhari ooo, Nigerians are missing you already it’s not up to one year, can we survive this?

bring buhari back abeg!!!!

Doyin2:
Naira will surely bounce back when we stop importing petrol

dey play!!!!!

Lizzysamuel:

https://www.bloomberg.com/news/articles/2024-05-10/usd-ngn-naira-reverses-gains-as-outlook-dims-on-declining-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa

/
Where is Timmi?

Come and settle me!

DCA around $1/N1000 and you chose to be stubborn and delusional. I gave naira two weeks around $1/N1000 and you graciously extended it to three weeks

/

This guy no no wetin he dey do abeg,make soldiers boys do the needful abeg!!!

I said it, foreign reserve is gone. Naira is still falling, what a stupid idea. Let me get ready to buy more properties. One man's loss is another man's gain 🤣🤣🤣🤣

FactBoyz:
You and I did not vote for this disaster called Tinubu. A monumental disgrace to Nigerians

APOPTOSIS:
The Lawless Society has assumed its rightful position.
It's officially genetic now.
You can't be lawless and senseless yet expect the benefits enjoyed by citizens of lawful societies.

more than half of the politicians in control of the country's resources should be serving very long jail terms. but they rather stage social media convictions for our entertainment

Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

They have no any other ideas to pad the naira. We are back to square one

bentenny:

As much as I hate to say this,the traders or importers won't bring down prices with the high volatility of the currency!

You cannot depend on a naira that goes up today and goes down slightly or appreciate in few days and depreciate in days!

Stability of the naira is key to the reduction goods and services!

If there is a sustainable or constant downward trend of our currency in 2 or 3 months,the traders will be forced to bring down their prices!

Very reasonable comment

Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

So, are you happy?

We warned people like KingKO22 but they thought we don’t like Nigeria lol.

Being emotional doesn’t solve problems. Using your brain does

Orch1981:

Who did you voted in the pass election

me and my family voted peter obi and our vote no count, I need to pray for whoever that's there.

JoeEeL:


After shouting Emilokan abi?


E fe ku!

see ur mouth like waste bin. For your information, me and my wife voted for Obi and as our vote no count doesn't mean we should turn whoever that's there to our enemy.

Lizzysamuel:

https://www.bloomberg.com/news/articles/2024-05-10/usd-ngn-naira-reverses-gains-as-outlook-dims-on-declining-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa

I know this administration will find a solution to this

Top to bottom

...using Our reserve to defend naira and some APC idiots was clapping at Cardi B without knowing the exact temporal solution he was using

He should arrest all the governors and ministers who rush and change their state allocation to dollars after monthly allocation! even the leaders do not believe in the country!!

Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

jmoore:
Tinubu APC gangs in government are the one manipulating the fx.

They use propaganda to make dollar appear cheaper. Once they buy billions of dollars at cheaper price, they manipulate the price to go high so they can sell to make massive gains. And the cycle will keep repeating.

This has my thought and suspicion since, I agree with this because this people are highly treacherous and corrupt. The Naira issue has been acting funny

oluwaseunamos33:
see ur mouth like waste bin. For your information, me and my wife voted for Obi and as our vote no count doesn't mean we should turn whoever that's there to our enemy.

Lol

So u think d opposite of Emilokan is Obi?

No nau. The opposite of emilokan is Yoruba nation. Total exit!

I think at this time we need Nwabali to SAVE the naira.

We may still continue to deal with this currency weakness until we ramp up our production activities and tilt heavily towards complete diversification of the economy.

All of them working for Tinubu-led government day and night to make sure the masses become poorer: Nah how to share the spoils go divide uhna ijn.

Lanruze:
You see, economic principles and it's outcomes are very academic and predictable.

Rather than Globe-Trot the world looking for investors in a un-coordinated manner, PBAT and his handlers should empower the Nigerian Export Promotion Council as a dedicated agency to act as diplomats in our finished goods export drive.

No cosmetic approach to stabilizing the FX regime than a coordinated, planned and deliberate effort to engage countries with comparative disadvantage and export massively.

Export products like Cocoa is enjoying an upward gain in it's international price, same with Crude Oil & precious stones.

Exports are the only sustainable way for stabilizing the FX fluctuation.

Kudos bro you spoke well
Them no Sabi them no also gree to surround themselves with brains just like obj did in his time and to an extent president Jonathan when he went all out to shop for the best hands in all positions that was how we enjoyed the services of people like
okonjo iweala at Finance and the Economy
Dora Akunyil Nafdac
Femi Adeshina Agriculture
Barth Nnaji at POWER
Soludo at CBN
Osita chidoka FRsc
etc
In The last and present criminal government you will hardly find good hands oda than fellow known criminals, looters killers, thugs and ballot snatchers





People who can reason

Lizzysamuel:
Now that CardiB has exhausted all his ideas in giving Naira "Kung Fu" I wonder what will be the next line of action 😂.

Crypto Banned

Binance Banned too

P2P banned too

BDCs supplied with Dollars.

EFCC arresting BDc operators

Dear CardiB and Bulaba,

Who are we blaming this time?

My aged grandma?

Next to blame is alcohol...and witchcraft.

Lizzysamuel:

https://www.bloomberg.com/news/articles/2024-05-10/usd-ngn-naira-reverses-gains-as-outlook-dims-on-declining-dollar-inflows?utm_campaign=socialflow-organic&utm_source=twitter&utm_content=africa&utm_medium=social&cmpid%3D=socialflow-twitter-africa

🤣🤣🤣🤣🤣🤣

Reverses back?

Some Nigerians and terrible English command...

Reverse means going back .........no need of using Back.......

InvertedHammer:

/
Where is Timmi?

Come and settle me!

DCA around $1/N1000 and you chose to be stubborn and delusional. I gave naira two weeks around $1/N1000 and you graciously extended it to three weeks

/

Keep gloating, wait till end of the year and we will see who will laugh last and longer!!!