Racoon:
https://punchng.com/efcc-raids-speculators-as-naira-drops-to-1520/?amp

Just erase BDC. Have a single market. That's all

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

Your type are the ones that are truly destroying the old weak man called Tinubu. The earlier you realise that truth, the better. You guys clap and hype this fuulish old cargo and the economy continues to Nose dive, while the Obidients are pushing in for new reforms in this hell called government. Bateria will always be bacteria. Behold the worst government ever! The whole of Nigeria will soon to to Dubai like Lagos turned to modern London.

gbengene1234:
We keep hoping the Naira will appreciate against dollar but the opposite is what we keep seeing. Price of goods are going up again and it won't come down is 2 months time even it the Naira appreciates again. Does anyone in this country knows the actual way to solve the Naira o dollar issue? Enough of all this floating, intimidation and fixed prices

The only way is we must reduce Demand for dollar,
Even though boost in local production seems to be the best approach is not takes time therefore what we can do on a short term is ensure

Refineries are working optimally, that will save junk of dollars we earn from crude

On a short term, diversify import to land borders with neigbouring countries that accept local currency

If we can't stop our mad taste for imported goods @least lets bypass dollar as much as we can

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

On This wonderful administration

And you never chop since morning

Dollar heading to 2k ,
wonderful government indeed

Again... 🤔🤔
Nig urgently needs a SANE AND SOUND LEADER 🔊🔊💯💯

Chicentt:
Tilumbu on the beat

Yeah SiSi..
BaTu till 3131, wailing Haters gonna wail forever

I think it’s time for Nigeria to say goodbye to BDC. Let the banks handle such transactions and make it illegal for any government official to convert from Naira to Dollar their allocation.

Also limit how much dollar an individual is allowed to hold legally in hand before their source of funds can be investigated. This is in cash. In bank, nothing much can be done about that.

[Youbsre the dumbo here. Tinubu is not vleaning any rot, he worsened the situation with brazen stupidty by implementing things he did not understand. Brazen stupidity just to claim reformer.

How is paying more subsidy than he met cleaning the rot?

How is devaluing the currency without putting the appropriate structure to de-dollarise the economy first, cleaning the rot. Even Buhari, regarded as an illiterate understood better.

Only God knows where you guys get these level of cluelessness from.


quote author=TotoIsGud4boy post=129964336]Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.[/quote]

Racoon:
https://punchng.com/efcc-raids-speculators-as-naira-drops-to-1520/?amp

I didn't bother reading through but my question is why would speculators be determining the price of the dollar?
Only dollars in banks can be monitored. Give it to banks and if you need dollars, fill a form on CBN portal. Print out the slip and submit at the bank while you collect your dollar.

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

.

It is evidently obvious that you need cure

These are the same guys that condemned round tripping! Now, they want naira traded anywhere, anyhow by anyone for currencies they do not print locally.

It not enough to raid Bureau du Change. They must also raid the source of the naira and put a laid on the maximum that must be traded by one person in one day like US Stock Exchange when it is bleeding.

Anofia.

Throwback:
Keep raiding, but prosecute and jail also.

Only foolish countries allow their citizens to hold a forex bank account within the local banking system, not to talk of allowing markets for forex trading in every nook and cranny of the country as though it is a food store.

What will it cost the government to shut down domiciliary bank accounts and any form of forex exchange outside of the banks and airports?

come to Austria make i take you to shops where you buy or exchange any currency apart from useless naira stop saying what you don't know

Ban this black market Tinuthief

theredaddy:



The only way is we must reduce Demand for dollar,
Even though boost in local production seems to be the best approach is not takes time therefore what we can do on a short term is ensure

Refineries are working optimally, that will save junk of dollars we earn from crude

On a short term, diversify import to land borders with neigbouring countries that accept local currency

If we can't stop our mad taste for imported goods @least lets bypass dollar as much as we can

To begin with, president and governors must be sincere and be ready to serve. The bulk of dollars is in the hands of politicians. Any country where politicians are richer than business men and career people is headed for doom.

You are the dumbo here. He is not cleaning any rot, he worsened the situation with brazen stupidity just to claim a "bold reformer" without understading the full depth and implications of his foolishness.

How is removing the subsidy,borrowing money to pay palliatives to cushion the removal and then return to borrow money to pay more subsidies much higher that he met, cleaning the rot? That is stupidity defined.

How is devaluing the currency without mopping up excess liquidity and battling inflation first and then de-dollarise the economy in a country where naira is seen as the secondary currency before attempting to float the naira cleaning the rot? It is called foolishness. Even Buhari , regarded as a stark illiterate, was more intelligent than this.

Now he sits with a shrunken economy, exploding inflation and impending recession that he can't find a way out. He has been found out. Overatted fucker.

Still don't know where a lot of you guys get your cluelessness from. Inflation is projected to be going to the 40s and here you are defending brazen stupidity. Dim wit.

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

MrBONE2:


Yeah SiSi..
BaTu till 3131, wailing Haters gonna wail forever

Procashtips:


Kerekere otenwen

Epa domo,this people dey vex me with their propagandas

I remember just a couple of year ago on this forum, some people will comment that any person apart from Buhari is better in governance. Here we are! Oh Nigeria who did this to you

theredaddy:



Did you just compare wall street to aboki hawking dollar at sabo they aint the same naw what you don't know ask or study on it

wall street trade virtually they don't handle dollar/cash physically, what you will never find abroad is some people hawking foreign currency on the street

Point is, even if dollar totally collapses today nobody will even be talking of arresting anybody selling currency. They'd be focused on correcting why people no longer want dollar!

Amigoss:


Epa domo,this people dey vex me with their propagandas

Very irritating.

I pray that the people of this country grow sense so that they can change these people come 2027.

The madness is choking.

Blaming everything on site for their lack of foresight

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

Foolish and wise people see each other in the same way.
A foolish person will say a wise man is a fool while
A wise person will say a foolish person is a fool.
The difference between them is the physical reality on ground.

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

Vamoose

Ebeano49:
Last last, the person wey build Lagos don scatter Nigeria

No be lie.
Audio builder

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

you have no iota of sense

DaddyCoool:


Point is, even if dollar totally collapses today nobody will even be talking of arresting anybody selling currency. They'd be focused on correcting why people no longer want dollar!

The fact is, no country allows hawking of foreign currency on the streets, its high time govt clear and reset

Speculators are having a filled day cos demand for dollar exceeds supply, a little bit of there artificial hoarding triggers cool profit

The way to take people off the dollar is diversfy, by allowing people to trade freely with neigbouring countries

Above all a working refinery will slash the Fx demand by great percent .. i still don't understand why dangote refinery dey carry us play

LOL

Raid speculators?

Looking for who to pin it on now.? Let's see who they blame next

theredaddy:



The fact is, no country allows hawking of foreign currency on the streets, its high time govt clear and reset

Speculators are having a filled day cos demand for dollar exceeds supply, a little bit of there artificial hoarding triggers cool profit

The way to take people off the dollar is diversfy, by allowing people to trade freely with neigbouring countries

Above all a working refinery will slash the Fx demand by great percent .. i still don't understand why dangote refinery dey carry us play

You can be sure of one thing, dollar collapsing will not trigger arrest of anybody selling currency on their streets!

So now it's no longer binance and p2p again 🥱

Rebuke:
Raiders, continue

This government is clueless and trying every possible means to stay relevant.

What else are they supposed to do

.
Fuel has remained 1k and above in some places, what has Tinubus' government done about that?

What do you want him to do? Continue subsidy? With which money? Money have finish o

.
Prices of goods are incredibly high because of the high cost of fuel and all they do is give gullible Nigerians false hope.

No
Prices are high cos you don't produce anything and yet consume every

.
They have achieved their aim of keeping the price of fuel at 1k and as usual, Nigerians have adjusted to the new norm.

Not their goal
Yours
You refuse to produce yet consume

.
They keep chasing shadow while leaving the main issue behind.

What is the, main issue

.
Funny enough, some rat heads still support this government even when it's very obvious it's a clueless government.

did you not support your own clueless govt for 50yrs?

Throwback:
Keep raiding, but prosecute and jail also.

Only foolish countries allow their citizens to hold a forex bank account within the local banking system, not to talk of allowing markets for forex trading in every nook and cranny of the country as though it is a food store.

You cannot stop ppl from holding dollars
Only a full will potshots them to hold out under their pillow instead of in the formal system where it is also accessible by others

.
What will it cost the government to shut down domiciliary bank accounts and any form of forex exchange outside of the banks and airports?

it will cause total collapse of the system

Then you will realize why Zimbabwe was printing 400 trillion note

TotoIsGud4boy:
Dumbos will raid this thread like EFCC to blame this current administration for the weak naira…. It’s like seeing this country fail gives them a high more superior to crack cocaine. Which gender complains the most ? Women!! That’s why the Agulu transgender with a feminine voice was sold on us and failed, hence the teeth gnashing and constant complains on this wonderful administration. Explaining to them the rot tinubu is cleansing in the system will be even easier to grasp by a 5yr old than this pathetic naysayers and sour losers suffering from yEAST infection. They’re still sensible people from the east tho, that despite being somewhat pessimistic just like all of us are (truthfully), still have hope in this administration and are willing to give Tinubu a chance, cos we’re sensible and good people with clean hearts.

This is the reason your family has never produced a reasonable human being... I wish your father is alive to see that your stupidity has surpassed his own...

Kai... Poor man

Riosystem:
We need to focus on manufacturing and production, and reduce our high level of importation.

No o
Our ppl want subsidy and only subsidy