₦airaland Forum

Leezah:
Pls thank the author of this piece for me. I like it raw as it is�

THE VALUE OF THE NAIRA: A REVELATION THE VALUES OF NIGERIANS!

A currency's value is what is can fetch those who use it as a means of exchange!

Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.

The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.

Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?

In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!

A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!

Days ago, I bought 50 pcs of medium size oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!

A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!

So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!

While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!

They produce nothing, but want to flaunt everything!

Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!

Ask me what the idiot produces? Zilch!

Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!

So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.

There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?

My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.

Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.

Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".

These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!

If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?

If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?

If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste. #KokanAye!

This argument over our poor currency is a lie of the elite to pass their problems as everyone's!

Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!

That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?

Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and #Eruobodo will show you how you and Dino Melaye are related!

Copied!

If you really agree with the writer of this crap,

Which will you accept #1,000 or $1,000, regardless of where you will spend it?

SmartProf:
. That's why u'll need to visit and donate palliatives for them to use so they can have the energy to keep praying for their looters in govt.

Guy, you don make me laugh tire.

As them no want get sense, say na prayer go solve the corruption problem, me too go come back come donate palliatives so that the prayer go continue.

ThatFairGuy1:
South South is completely PDP and GEJ has represented them in presidency.

South East follows with 3 Governors. They've been a committed PDP voters since advent of this fourth Republic.

Without prejudice, SE owns the PDP presidential ticket upon all the sacrifice but alas, THEY WILL NEVER GET IT.

They're the real SLAVES they call Yorubas. They'll rather die over VP slot. Lots of COWARDS

I love how you wail everyday after the defeat you suffered in Edo.


Your tears is so sweet. Get ready, Ondo will soon go.

Obaseki fought and won like a man,unlike Ambode the coward from the westside.




Ambode is really a big coward.

helinues:
You guys can finish Oshiomole but not Tinubu.

Una 63 never reach.

The funniest part, the same Tinubu that miscreants from yeasterners used to hate is the same Tinubu their politicians and leaders are ass licking

Just stay away from sniper cos I know that this Obaseki's victory is hurting you so much.

I wouldn't want to suggest that the OP is daft,but I'd like him to list just twenty(2o) major inventions by women without using the internet, then we can begin the to discuss the pseudo intelligence of mere domestic appendages.


How many theories were postulated by your women?



How many of your appliances, devices, mobiles applications were developed by your women?


How many countries got their independence with your women leading the pack?


Even this forum wherein you typed this bullshit and the phone you used was developed by a man.



OP, Respect yourself, Men no be your mate for anything.

We at congratulates our darling daddy for plagiarising the diamonds of Russia.

This Iranian government is always brewing for war and chaos.


The peace pact has come to stay,he can hang himself if he is not happy.

nams77:
I am selling my Neat laptop.

Make. Compaq presario CQ 57

HDD: 320GB
Ram: 4GB
Processor type: intel Pentium
Ptocessor Speed: 2.30 GHz
WI-FI
Bluetooth
USB 3.0
Webcam
Battery: 2 to 3 hours.

Only fault is keypad which is replaceable(5k-7k).

Reason for sale: its not been used so I need to clear space. Gotten another one.

Price#30,000.
Location. Delta. ( you can call for inspection or send someone)

Call: 081. 46 296 3 66

#25,000 ?

JonDon12:
This is not foolishness. This is ingenuity.

Are you trying to be sarcastic or it's outright support for flagrant misappropriation of the people's common wealth just to have some worthless crumbs on your plate?


I pray it's the former.

GoodBoi1:
Lol... Not bad so far as the goats breed. Sounds like a fair deal to me

Are you for real?

Are you really supporting this foolishness?

cmi:
Merry Christmas to everyone here.

Does anyone here have any information on Dr Tayo Oyedeji's Overwoodng please?

I will like a copy of the prospectus to understand more about the investment model the company is operating.

Many thanks.

He might help you if you can ask him on Twitter

[quote author= post=85193139]Na so.

Our darling daddy is a good daddy.

He takes very good care of people,
especially stubborn people.

One of them will never sets his foot on Nigeria soil for many years to come after jumping bail.

Troublemakers and those who don't want peace to reign in our darling country are all in trouble.[/quote]Shame no dey catch you?

greatme2good:
I used to have a friend who had a child out of wedlock and she's always painting the child's face with makeup.. a girl of 10 years. I noticed the makeup stuff when the girl was 5 or 6 years and it continued for years before I summoned courage to advice her to stop it. My opening my mouth to say it ended our 6 years friendship coz she insulted me and blocked me on social media. I didn't regret what I said shaa but with the way she's going, the thing that happened in 1900 will repeat itself again.

You've done your part but it's left for her to take your good advice.



"An apple doesn't fall far from it's tree" , so don't be surprised when the child grows up to become a single mother.

semyman:
Good, making allegations you can substantiate because of worthless accolades.
When you given the Sowore treatment now, you will be looking for rule of law.
There is absolute freedom of speech before you speak, freedom after the speech is usually not guaranteed.

Are you mad?

Why are you antagonizing a well researched piece when you can barely write your pathetic name?

You can keep supporting wickedness and evil because of crumbs but be rest assured that it will get to you too.

Fxmanager:
You did not state the country that you are making reference to. If we assume that you are making reference to regulation of forex trading in Nigeria, then you are right to say that forex trading is not regulated in Nigeria yet. But at the same you need to know that forex trading is regulated in other countries/brokers jurisdiction across the world, and this regulation covers traders/investors doing business with the government licensed and regulated brokers and their representatives here in Nigeria.

So the forex regulations from other countries is some kind of Geneva conventions or pronouncements from ICJ in the Hague?

And such regulations will protect the capital of investors in your FX business?

We shouldn't mislead the public all in the bid to grow our business.

Fxmanager:
Please with due respect don't say what you don't understand. This is not just Nairaland forum, but also a public/internet forum. You can make Google your friend. You can also educate yourself on how to detect a ponzi scheme fronting forex trading as their line of business by going through the link below.

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting

Do you mind telling the house the government agency regulating forex?

NicoKator:
Please, is MBA Forex authorised and regulated Investment Program

Run from them oooo


Forex trade is not regulated by any government agency for now.


Accumulating capital is not an easy task,don't waste it on fictitious investment package.

How many Christmas giveaway thread do we have?
Why the confusion?

doggedfighter:
You read that nonsense?
Anyway, that's what their pastors tell them

Pastors teach them that kind of nonsense and a human being with brains will sit down to listen to that trash?


Wahala dey oo

Richdad50:


People are sick everywhere. Ask him if he holds any bitterness, unforgiveness against anyone. Sometimes, the battle in the mind and spirit reflects fluid and swellings on certain areas of the body.

Richdad

Guy, you sure say you never mad?

So unforgiveness breeds fluids and liquor in the body.

Lanrelagboi:
Happens everywhere

Shut up.

Boris didn't steal his people's money to buy them groceries rather he delivered the groceries that THE PEOPLE ALREADY PAID WITH THEIR MONEY.

This Kalu is a common thief.

I pray that second Orji in the senate will be sent to jail too

Wiseandtrue:
President Muhammadu Buhari has sacked Mr. Muiz Banire as Chairman of the Asset Management Corporation of Nigeria (AMCON).

appointment not even up to a year

First, Osibanjo's allies was booted out successfully, now it's Tinubu's turn

Even if you as a president is having issues with Tinubu, why not look for another capable Southerner to replace him

If the National Assembly should confirm Edward then they will be doing this country a great disservice!!!

They were the ones that made the law to honour federal character, they owe it to this country to ensure that this law which brings unity is not swept under the carpet!!!

The greatest mistake Saraki\Dogara made was not being selfless

Learn from their mistakes!!!

The Senate will confirm him and there is nothing you can do about it rather than cry a big river.

Tales and lamentations of the dregs of the female species.



#Spits

Banging body indeed, nain horseband pursue the whorre for house.

soberdrunk:
Wrong move!!! Very wrong move!!! Now the government has very solid evidence to go after them with full force.......

All the while your government has been killing them it has been a right move right?

Simplyleo:
Okay.

But if prices of imported petroleum products must be regulated, government intervention to cushion the effects of increased prices is inevitable, hence the subsidy. Without subsidy, the prices will soar.

Las las, nothing for online trolls.

I thought your Lord and Saviour said subsidy is fraud.

Why is he paying now, or is he a fraudster?

LovesonBlezz:
Do you know the volume of work some of the beneficiaries do at their PPA ?? especially the n-teach.. and you think owing them the little stipend is cool right?? You would better ignore the post than typing what you just typed.. karma is real, hope you know. A workman deserves his wage and as at when due. It's npower beneficiaries today, tomorrow it could be you

You can cry and lament all you want, but your fortunes will change immediately you begin to ask your leaders for accountability and transparency in the way they manage your resources.


Here you are,with all your skill-set and hard work begging for crumbs when you're worth more than that.

How many of your oppressors children or relatives are doing these shitty jobs?

Are they better than you?



You voted for "Next Level",so enjoy it.


#Rubbish

N-Power should come and pay these zombies before they cry River Niger