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Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars (31698 Views)

New Naira Scarcity: Sokoto, Zamfara, Katsina Border Residents Trade In CFA / Communities, Markets In Sokoto Abandon Naira, Trade In CFA Over Scarcity Of New / Why Do Neighbours Hardly Patronise Their Fellow Neighbour's Business? (2) (3) (4)

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Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by AreaFada2: 3:37am On May 12
Xscape1993:
Nigeria is not a serious country and does know her importance in the world.
Adiye funfun.......complete the rest. cheesy grin
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by CHRISSANCHEZ(m): 4:10am On May 12
WaleBuraimoh:

Keep quiet! Always saying rubbish for political sake. The economy is in on the downhill and you are here spitting jargons.


That guy is a shameless Juvenile.

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by ChybuzzDD(m): 4:37am On May 12
Krankhead:
Stop reacting without reasoning. Why should they accept Naira as their legal tender in the first Place

Don't you accept dollars and pounds?

Are they your legal tenders?

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Oburu202: 4:52am On May 12
The is good. You know why? It doesn't matter which side you are on. This is affecting everyone who is a Nigerian or have anything to do in Nigeria.

The politicians are not exempt from this collapse. Their sons and daughters are not exempt. Those of us living abroad are not exempt either. They spend more to ship things to Nigeria. They spend more on goods in Nigeria.

The only people gaining in this mess are those who doesn't have anything to do with Nigeria. Shame on us.

This is just what tribalism, greed and wickedness can bring upon any nation. Let's enjoy it. Shame!

3 Likes

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by travelzcruix: 5:05am On May 12
How did we get here?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by PepeXKermit: 5:46am On May 12
Xscape1993:
Nigeria is not a serious country and does know her importance in the world.

Which importance?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Smartcitizen: 5:55am On May 12
Putindbutt:
None of our business, if you want to buy from our neighbours and demanded their currency, that's good for them. We also enforce that only naira must be traded in nigeria.


You can stay in your grandparents brown roof house in Ekiti and type rubbish.

The market doesn't respect any fools, it response to the appropriate needs of demand and supply.

1 Like 1 Share

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Fuckyoumod: 6:09am On May 12
Elusive001:






Over a hundred check points? Are we serious? Imagine this in conjunction with the mad tariffs by nigerian customs. No wonder the price of things will continue to Skyrocket.
only in the south, while northern borders are open to everybody almost without a check point.

Foolish South
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Hezmatosky: 6:10am On May 12
Cooldowntemper:
Helinues come and scream on ya mandate to the peak of your lungs
By the time UN, UNESCO, UNISEF, RED CROSS go begin solicit for help on our behalf, helinus will change his name to Cornelius grin

4 Likes 1 Share

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Hezmatosky: 6:12am On May 12
Mr President pls just go and open GoFundMe account to save Nigeria. It's obvious you guys were not prepared

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Iceberg3: 6:14am On May 12
Thunda faya this APC.
A very evil and abomination party kept afloat by tribalism

3 Likes 1 Share

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by obaidan: 6:17am On May 12
Even Nigerians themselves are rejecting the naira, u dey talk of neighbours

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Joey4321: 6:28am On May 12
Bizibi:
Somebody should give me one reason why buhari shut our borders

The call it nzu zu in igbo.


It's a level of madness, the guy was just a big fool.

2 Likes 1 Share

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Bullet01(f): 6:37am On May 12
To get 1k CFA you will part with 2,500 naira. It's shameful
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by olisaEze(m): 6:39am On May 12
Who wants to be in possession of a failing currency when it becomes the next Venezuela! Between 2015 & 2024 that the APC has held sway in Nigeria with only empty promises, Egypt has built 10,000 new factories (not renovated). The result??

-Their industrial sector has risen in value from $22 billion in 2014 To $60 Billion in 2021.
-Their GDP has risen from $235 Billion in 2017 to $438 Billion in 2021 and was expected to reach 509 billion by the end of 2022.
-Their exports rose from $20 billion in 2014 to $45 billion in 2021 and is expected to reach $100 billion in 2027.
-They have an ambitious plan to reach $1.5 Trillion in GDP terms by 2030 ($375 Billion from industry sector).

Anyone still in support of the APC today, is a bumbling fool! cool

2 Likes 1 Share

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Gandrova: 6:59am On May 12
Racoon:
Even neighbouring African countries parasiting on Nigeria via economic sabotage are rubbing it off on us by rejecting the naira as a means of foreign trade. You can steal mandate but can't govern with it.
Election is over. Get that into your skull Pit Hobi can't rule Nigeria.
He is the biggest scammer of the century

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Gandrova: 7:03am On May 12
WaleBuraimoh:

Keep quiet! Always saying rubbish for political sake. The economy is in on the downhill and you are here spitting jargons.
So Dollars and other currencies should be accepted against Naira.
Sense is far from you.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Ofunaofu: 7:09am On May 12
Kukutente23:

Zombies hailed him then. "Borders remain closed" that was their cry. Zombies are the enemies of this nation
Nigeria would have been a better place if there were no zombies

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by pansophist(m): 7:18am On May 12
CodeTemplar:
The solution is local production and that's far from us right now. We are in disarray and cannot do anything tangible with our current mindset. Imagine 100 checkpoints on less than 100km of road. Average of 700m between checkpoints. Yet we lack uniform men to combat insecurity that is impeding production locally. Those posted to the border are colluding to allow goods in and out. Those not posted to borders simply line themselves up on road leading to the border and do as they please.

The average Nigerian doesn't see Nigeria as a place where his actions hurt. It's about maximizing your position and cashout, to the detriment of society. Who cares?

It's like shitting in your house every day, and fifty years later, you are shocked it smells so bad and blame others for shitting in their own house when you go to visit them, meanwhile, they also complain about how bad your house smells when they came for a visit.

So the police that is milking road users of cash feel fly, but when he goes to visit maybe a hospital or needs his pension, other Nigerians there will milk him too. It's a dog-eat-dog country.

As everybody is busy punishing those that they come across for their benefit, the country rots away. A good country is built, it doesn't just appear from nowhere.

16 Likes 3 Shares

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Amah70: 7:22am On May 12
CodeTemplar:
The solution is local production and that's far from us right now. We are in disarray and cannot do anything tangible with our current mindset. Imagine 100 checkpoints on less than 100km of road. Average of 700m between checkpoints. Yet we lack uniform men to combat insecurity that is impeding production locally. Those posted to the border are colluding to allow goods in and out. Those not posted to borders simply line themselves up on road leading to the border and do as they please.

The checkpoints of every 500m they have kept for ages in the south east of Nigeria to police secessionist groups in the area because of crude oil. The checkpoints have literally crippled the economy of the engine room of production in Nigeria. What a country!!
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Kanixt(m): 7:32am On May 12
Putindbutt:
None of our business, if you want to buy from our neighbours and demanded their currency, that's good for them. We also enforce that only naira must be traded in nigeria.
Because the country is not in your heart. Your children will reap what you sow

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Truthsandtrusts: 7:33am On May 12
Racoon:
Even neighbouring African countries parasiting on Nigeria via economic sabotage are rubbing it off on us by rejecting the naira as a means of foreign trade. You can steal mandate but can't govern with it.




. your mandate lost,of that why you people are happy the country is shaking.. Tinubu is better pass atiku and bitter obi
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by AviatorMoney(m): 7:51am On May 12
Krankhead:
If you know who you are talking to, I'm not a salary earner rather an employer and zi make money everyday
Oya employ me Sir. Let me b ur PA/SA on foreign currency matters and Media manager.
I'm serious, i can do those mentioned jobs remotely too.
Good morning Sir. CEO
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by condralbedez: 7:57am On May 12
Bizibi:
Somebody should give me one reason why buhari shut our borders
What's the reason this present administration has not opened it
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by condralbedez: 8:06am On May 12
NLPoliceWoman:

Mynd44 Dominique Justwise.
Rule 2
grin
you keep calling out the Mods to ban anybody that mentioned any of your crew members as if been banned they wont get paid, please is NL paying some people.

Oga focus and use that same energy and call outTinubu and his cronies that you voted into power.

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by mipeesoft(m): 8:10am On May 12
grin
Confirm4real:
Let me support agbadorians and say Tinubu is working at least they will be happy on hearing that...





1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by femicyrus(m): 8:34am On May 12
What are they producing in Benin republic?
They import almost everything and Nigerians are reimporting almost everything from them.
Foolish government policies are responsible for the sufferings of Nigerians. Nothing more.

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by maestro299: 8:41am On May 12
Achoghim:
He built Lagos, I wonder what is stopping him from building Nigeria. Lol

Cement finish when e reach time to build Nigeria.
cheesy cheesy cheesy

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by maestro299: 8:43am On May 12
pansophist:


The average Nigerian doesn't see Nigeria as a place where his actions hurt. It's about maximizing your position and cashout, to the detriment of society. Who cares?

It's like shitting in your house every day, and fifty years later, you are shocked it smells so bad and blame others for shitting in their own house when you go to visit them, meanwhile, they also complain about how bad your house smells when they came for a visit.

So the police that is milking road users of cash feel fly, but when he goes to visit maybe a hospital or needs his pension, other Nigerians there will milk him too. It's a dog-eat-dog country.

As everybody is busy punishing those that they come across for their benefit, the country rots away. A good country is built, it doesn't just appear from nowhere.

100% true.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by BeigJawnson(m): 9:03am On May 12
Krankhead:
Stop reacting without reasoning. Why should they accept Naira as their legal tender in the first Place

I wanted to talk against your opinion which attacked Raccoon. But when I looked clearly, I see your moniker. I just stopped... It says it all. I mean your moniker...
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Coolboy009: 9:13am On May 12
Putindbutt:
None of our business, if you want to buy from our neighbours and demanded their currency, that's good for them. We also enforce that only naira must be traded in nigeria.
Keep deceiving yourself.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by BondRiv: 9:15am On May 12
Some people will never allow the borders to be closed. When it is was closed they kept demanding for it to be reopened. Unpatriotic lots. Now see the result.

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