Resurgent2016:
What do you know about me s

Assetosky:



When emefiele collected all the naira, did it appreciate?

Baxilexi:


Correct but they’ll stabilize food prices which is what impacts the common man the most.
Purchasing power is measured in the value of a basket of goods which has been reducing considerably over the last few months.
They’ll also create employment and food security.

Reduce demands for forex

It’s medium level value but it’s still something.

Putindbutt:

That's your father.

Burruchaga71:
Our God is good all the time.

N2000 loading.

Racoon:
Who is to be blame now? BDCs, Cryptos, dollar speculators or the FG itself? Seems they are now tired of subsidising the dollar. Balabloo-blu-bulava drug economics illiteracy in the mud. You can steal mandate but can't govern with it. Reno Omokri have not even talk about the dollar issue or insulted Arise TV in recent times

Burruchaga71:
Our God is good all the time.

N2000 loading.

stuffs2002:














Nigeria is going through a challenging time and OBIDIENTS are happy.

I have never voted in Nigeria but that is going to change with the way OBIDIENTS have been attacking Nigeria, I will vigorously campaign against Peter Obi in any elections he presents himself. You can not be enemy of Nigeria and still want to rule Nigeria.


That Is a promise I have made

Cromagnon:
So slavery? You not wise at all
What is difficult in going back to farm with everybody armed against bandits?

ogbonti:


success is the best revenge --- please tell your Emilokan to be successful so we all can tell Obi to allow Tinubu success mature


IF Tinubu performs a miracle by returning $1 to $220 where APC met it in 2015, and- Fuel Returns to N160 per litre

I will beg Obi to let Tinubu run and remain in office until 2031 ---- Nigeria Presidency is not an apprentice job, if you cant fix it get out
Too much is at stake right here - 200 million lives are hanging in the balance - with no hope, no future and stressed out to the max!

Tinubu is a failure and you are here getting all emotional about Obi - its like a child saying he failed because his father called him an Olodo

If you are not really an Olodo, go and pass brilliantly so that those who called you Olodo - will now call you Albert Einstein - nansense!!!!

rickleye:
Hmm.
So what has this man achieved after 100 days no, after 365 days in office.
Blame this and that . We are worse off than when he took power.
And come election… we all have amnesia and vote him in another 4 years. Naija and suffering are like 1&2

ogbonti:


dont mind him - he is eating burger farting and wetting his pants with hot pee in his a/c cooled room in the west and talking about
Aldi and Carrefour - you think those companies do not know IF they come to Nigeria they will go bankrupt? Maersk was lied against
that they are investing $600 million in Nigeria - Immediately their stocks went down -4% -- Do they know what that means to an Investor who has $1 million invested in Maersk? That is a loss of -$40,000, An investor who has $10 million lost $400,000 just because of the propaganda of this APC - IF not that Maersk rushed to debunk the story - that stock would be -50% by now - The Nigerian brand is a toxic asset right now in world financial market - and we need to get on our bootstraps to fix the bad perception of Nigeria before the world IF we hope to survive.

They think Global Investors do not do their due diligence before they commit their hard earned money to investing ? They read how Betta Edu stole almost $800,000 and she is not on trial right now.. You know what they think when they read that? That could be my money IF I MAKE THE MISTAKE OF INVESTING IN NIGERIA -- They know about Yahaya Bello and the $720k school fees scandal, They know about all the top corrupt cases at the EFCC which never ends in a conviction and NOTHING SCARES AN INVESTOR MORE THAN A COMPROMISED JUSTICE SYSTEM - because IF something were to happen to their money, how will they get it back ? These Agbadorians should THINK and stop reasoning with their anus!

Drone95:
nah not yet it will appreciate next month

stuffs2002:





No problem, I am okay with you saying Obi will never be president, the issue is you fit die in next 3 seconds and Nigeria will keep rolling, you guys are too quick to forget that.















MUMU OBIDIENTS are just 2DUMB&BITTER because they can't even see that Tinubu is on the right track

DUMMB&DAFFT OBIDIENTS don't even know the meaning of the word "challenging".

By now, Nigeria would have been in flames if the Pandora criminal called Obi had won because he is too bitter and bigoted to rule a country like Nigeria.

DUMB&DAFT OBIDIENTS should know the following:
1) No IIGB0 will ever smell the presidency of Nigeria
2) We will not give them biafla

marenkurz:
Leave dollars, why are people trading naira? You pay 1030 naira to POS agent to get 1000 naira. Isn't that itself devaluing naira?
We have elected the most stupid people among us.

Alusiizizi:


I just had to respond to this drivel. The reason why people are trading the Naira is because there is a market for it. POS operators make cash available to the market in exchange for a small commission. Covers the cost of transport to the bank, time spent at the bank, the risk of loosing their money as well as living expense. If you want to give opinion on economic issues then at least take the time to learn basic economics.

marenkurz:
You're telling me that the real value of my 1000 naira within Nigeria is 900 naira and that is good for the economy.
The reason why people are trading naira is because their is corruption for it. There are empty ATMs everywhere. Banks don't even pretend anymore because they make money by giving cash to POS operators.
It's ok if you're making an honest living off POS services, however, don't defend how rotten the banking system has become.
POS is meant for cashless society not cash-full society.

Alusiizizi:


You can always go and withdraw money from the bank for free The only reason why these POS operators thrive is because they provide a valuable service to the market.

Addition:
By the way, cashless policy is not much more than empty narrative, especially when the infrastructure to support such a policy doesn't exist. I don't know where you were during the period of that New Naira notes fiasco but if you were in Nigeria and had to suffer frequent failed e-transactions, have your bank debit you and being forced to wait in long queues at the bank just to resolve the issue then it should be obvious to you that the infrastructure to support a cashless Nigeria does not exist.

marenkurz:
Yes. If I make withdrawals from my bank's ATM it is for free. That is how it is all over the world.
Going by your reasoning, POS agents can access naira during naira scarcity but banks doesn't. And you can't figure out why.

Meanwhile, what other infrastructure do you need to run a cashless policy than POS? Even armed robbers and police have POS. Every other countries uses POS, some even embedded it with other phones apps. For instance, China uses WeChat and in Europe, NFC is active for most bank apps.

I have visited few countries and never has any other country trade their local currency yet you all wonder why people are trading dollars and naira is losing value. If within Nigeria, the value of my 1000 naira is 900 naira and CBN doesn't see it as a problem, then my friend, Nigeria economy is in a long run. Brace up my friend.

ogbonti:


dont mind him - he is eating burger farting and wetting his pants with hot pee in his a/c cooled room in the west and talking about
Aldi and Carrefour - you think those companies do not know IF they come to Nigeria they will go bankrupt? Maersk was lied against
that they are investing $600 million in Nigeria - Immediately their stocks went down -4% -- Do they know what that means to an Investor who has $1 million invested in Maersk? That is a loss of -$40,000, An investor who has $10 million lost $400,000 just because of the propaganda of this APC - IF not that Maersk rushed to debunk the story - that stock would be -50% by now - The Nigerian brand is a toxic asset right now in world financial market - and we need to get on our bootstraps to fix the bad perception of Nigeria before the world IF we hope to survive.

They think Global Investors do not do their due diligence before they commit their hard earned money to investing ? They read how Betta Edu stole almost $800,000 and she is not on trial right now.. You know what they think when they read that? That could be my money IF I MAKE THE MISTAKE OF INVESTING IN NIGERIA -- They know about Yahaya Bello and the $720k school fees scandal, They know about all the top corrupt cases at the EFCC which never ends in a conviction and NOTHING SCARES AN INVESTOR MORE THAN A COMPROMISED JUSTICE SYSTEM - because IF something were to happen to their money, how will they get it back ? These Agbadorians should THINK and stop reasoning with their anus!

Baxilexi:


You didn’t have to start off condescending.

Even with ants not all of them are workers, they have organization.

Some of us have to be engineers, some must be lawyers, doctors etc. the issue with food production is multifaceted from security, loans, mechanization, fortified grains, climate change, what I propose is a short-medium term solution.

Eventually we would replace most of the goods on the shelves with local alternatives.

marenkurz:
Yes. I'm the mumu one.

Your

CBN willingly allowed the sales

of naira for a profit within the country. Yet, I'm the mumu one.
You think POS agents are beneficial to the economy. Keep dreaming 😊 my wise friend.

marenkurz:
I have lived in South Africa and Switzerland. I'm currently residing in Germany. These countries doesn't sell their local currency for profit.

DatNiggaDaz:


BATeria get behind