tiswell:
Nigerians should excercise a little patience,cos Peter Obi will rescue the situation come 2027

Which Peter Obi, do you think Bulaba will not rig him self back, you are joking

I thought they said cryptocurrency is 9ja's problem. They banned crypto transactions yet naira is having a free fall. Mumu people. Make I go continue my crypto biz jare

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Was Tinubu aware that Buhari was printing money? When did he condemn it? Tinubu and Buhari failed for 8 years and Tinubu is still failing and will probably failed for another 8 years if he manages to get reelected.

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

You must be a Bateria to make this sort of nonsense, wishful thinking post. You just think Naira "will stabilize by itself at some point". Buhari's " mindless borrowing and printing of money". Is Tinubu not borrowing and printing money as well? If Tinubu is"continuing from where Buhari stopped", and is even doing worse, how then do you hope Naira "will stabilize by itself"?

smyo:

Which Peter Obi, do you think Bulaba will not rig him self back, you are joking

Rig ke? You can only rig successfully when majority of Nigeria is behind you.

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Please keep quite. Was Tinubu not encouraging Buhari as president to print more money?

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Insatiable demand for Dollar( foreign luxury, leisure travels, medical treatment, prestigious school etc) coupled with unproductive money ( proceeds of bribe,corruption,ransom,gambling,hoarding,theft,fraud) getting the Dollar

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Sincerely speaking, you are a big FOOL.

Your education is useless with this nonsense you have written here.

I'm sorry if I offended you but one need to tell you the truth at some point.

appini:
Those that bought dollars to keep when it crashed to 900 naira are all smiling now. 😃

This is enough to make Naira crash.

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

What if we start producing or our government encourages us to export our produce to grow naira like china did many yrs ago to strengthen the yen

Who is going to have the last laugh now between FG, their evil supported and the tv station that predicted 1 dollar will be #2000

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Just keep shut baba. Your response is not wise. Almost a year is enough to stabilize the currency. Stop shifting blames backward. Tinubu had failed even never starting. Deal with that! I am not an Obidient but I hate nonsense comments.

Dottore:
What were you expecting. I've always said that whatever that was done to bring down dollar rate last month was a temporary relief. The first thing to be done is for Nigeria to decouple from USD

How do you decouple from USD when Nigeria is not producing.

I will love to hear your perspective though.

Sometimes I wonder if you people have shame at all. The same borrowing you are condemning from Buhari is what Tinubu is doing
quote author=cjrane post=129940497]Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting. [/quote]

Donaldoni:
With full local production of petroleum products, this won't matter anymore.

Some months ago, the price of diesel was NGN1,700 per liter with similar exchange rate.

Today it has remained NGN1,100 or thereabout.

With CNG usage and local PMS production underway, better days are ahead.

FG does not care about the dollar again.

Piiigggs can continue to grunt in vain wild ecstasy FG is smarter.

NO SERIOUSLY.

This is tribe issue to you...are we still doing this as a nation?

So manufacturers importing raw materials from abroad should close down their companies because the government and tribal people don't care about exchange rate again?

so many nigerians should go jobless because of tribe and religion?

what is wrong with us?


NLG CNG? Na that we go chop? how has oil helped anyone in this country?

we should abandon our manufacturing capabilities and just focus on oil?

Omasheooo...satan lives in the brain of some of people

Jagabanarmy:
Two fatal economic mistakes made by this administration were subsidy remover and floating of the naira. This is the basic truth and it is the hand work of incompetent economic advisers around my president. I have three fast solutions to these problems

Actually it is not a mistake, it is just a lazy way of doing things. They want to be able to qualify for IMF or World bank loans. The loans they will eventually LOOT.

So, any policies dish out by those bodies they are ready to obey like MUMU them be as long as the policies don't affect them and their family.

All aspect of their own live is being subsidies by Nigerians.

cjrane:
Nothing we can do now. We have to go through this storm and naira will finally stabilize at some point.

What we are observing are the fruits of mindless borrowing and printing of money that was the hallmark of Buhari's regime. Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

Arrant nonsense. Sometimes I wonder if you guys are paid to come on here and regurgitate whatever nonsense you've been feeding on

Talking like Tinubu is not from the same party - Arewa people's congress.
Who sold Buhari to the Nigerian populace during the campaign?

Tinubu supporters. Where are you guys

I told you guys hold ya dollarssssssssssssssssssssssssssssssssss

Let's bell the cat:

1. Those loans whey una dey collect get conditions!
2. According to Aisha Yesufu: Keep your USDollars close!
3. Wetin una dey produce!
4. Una still dey print money?
5. Trial & error can't be sustained
6. Shebi una still close borders, abi?
7. Shebi even neighbouring countries prefer other currencies to Naira?

Curious345:
I have not been able to buy a new phone since this dollar slump. Phone I'm using currently, I bought for almost 400k. The upgraded version of this Oppo is now almost ₦1m+..


How can I splash ₦1m on a phone ? How!

This is my longest tenure of using a particular phone . Dec 2022 up until now , and I can't change to another phone 📱

This is the reason to always go for phone that have higher resale value. If this is a phone like iPhone or Samsung, you should be able to sell the phone for 2x price you bought it. But Oppo, nobody will buy second hand for more than 150k to 200k

Aremwayne:
If you complain about the dead government you’d be tagged ipob, let’s sit back and watch them suffer for voting in their Messiah.

It reached 1900
That’s its new target
If you know the history of Nigerian fx once it gets there it will go there again

Greatday8:


Walai thunder supposed fire u

leave the b@stard

What is happening to our Naira? Your answer is as good as mine.

cjrane:
Unfortunately, these things take time to manifest and Tinubu is the unlucky guy in power when the effects of those economic crimes by Buhari are now manifesting.

^^^
You sound as if BAT is an unfortunate bystander hit by stray bullets during a police - armed robbers shootout.

BAT is not a victim. He was with Buhari from "top to bottom" as they often said during last year's APC campaign rallies. Both men enabled each others worst excesses and they continue to do so till today.

In a serious country there would have been serious repercussions for Buhari in 2019 and the APC should have been kicked out into the cold that year. But Nigerians are not serious people - and so BAT is in the saddle today.

BAT is not some "unlucky guy in power". By God he isn't!

Lorddominic:
...and Aisha Yesufu advised us to keep our dollars few months ago while our foolish and useless children of corn like Helinues were busy dishing out threats to her

https://www.nairaland.com/8063636/keep-dollars-closer-aisha-yesufu#129473149

She advise , you and your family have taken her advice seriously.., what next ? Why the yabbing ?

No be small slump

Like play like play the man wey build Lagos don scatter Nigeria o

Going to nose dive more..the season whn boiz and babes migrate for studies abroad is approaching come June July August.

But Oppo is better than iPhone and samsung combined .I can tell this based on experience

Easybet1:
This is the reason to always go for phone that have higher resale value. If this is a phone like iPhone or Samsung, you should be able to sell the phone for 2x price you bought it. But Oppo, nobody will buy second hand for more than 150k to 200k

Who do we blame now?