₦airaland Forum

This is the nation you guys claim Investors are rushing into with Billions of Dollars...!

Tranquility2345:
You think say you smart to talk something wey children in primary school know? Yamayama fall on that your bald head there

Okay... Did I claim to have propounded a 'rock science' solution?!! Does the truth always have to be far-fetched and complicated?

I really don't understand the thrust of your rant or response.

Okay, bring forth your own 'something' wey only Ph.D. holders know... We are all here to learn.

So?!!

Do you know how many Nigerians speak English, French, Russian, Spanish, German, and Swahili fluently?!

Why has that never made the news?!!

What makes this more newsworthy than that?!


Abeg abeg...!

Sigh... It's just like cancer. It spreads if unchecked at the source.


Those of you hiding and bragging that Lagos will never be touched should keep deluding yourselves.

That was what many thought about Abuja.

Katsina was one of the safest and most peaceful in Nigeria as at 10 years ago when I visited there.

A finger soiled by oil that is left unwashed will make the entire hand oily after a while.

If you can't safeguard FCT and a few states in the North, how can you simultaneously safeguard the entire nation when this spirals out of control?!!


You people are playing with fire in this country Sha.

ppogba:
Just to add to your point is the fact that Dollar is now almost our medium of exchange. Some high profile schools are demanding fees in dollars while some apartments are paid for in dollars.

The major problem seems to be, we all claim to love this country but the opposite is clearly the true position

Love?! Lol!

An average Nigerian will burn the nation to the ground without a second thought if it will make him wealthier.

We have become a group of people more concerned about personal wealth growth than the collective and corporate growth of the nation.

We don't even go to election grounds with Patriotism and love for the country in mind.

Look at sports... Our Super Eagles are not after their nation's honor. Compare that to Senegal, Morocco, Cape Verde, etc.

That's why some of those nations are faring better economically too.


Imagine the amount of Dollars being hoarded by Politicians alone, including Mr. President and his Vice.

These people are not interested in the collective progress of this nation except it benefits them alone.

Nigeria and Nigerians have exalted Money to ridiculous heights... It is shocking.

BreconHills:
Correct. People don't want to admit we've been part of the problem. Government and political officials don't want to lead by example. Citizens want to keep their little pleasures.

Nigeria's economic problem is largely a human / mentality sized problem.

Nigerians are a special breed of insensitive, selfish, and greedy people.

That's why it will take very honest, morally standing, and no-nonsense leadership from federal to state to set them right.

If the right decisions and difficult moves are made from the top, the citizens won't have a choice but fall in line.

onyekabe:
Cameroon Niger and some west African countries don't export anything and yet Thier currency is stable. Why is it so

Local production! Simple.

They don't operate a highly "Dollarized" economy like Nigeria.

Most Nigerians in Nigeria literally depend on the Dollars like it is oxygen.

In addition, a lot of these nations invest themselves in trans-Africa trades which doesn't require devaluing their currencies while meeting their needs.

This is precisely what I have been talking about on the other thread.

This was my comment/response to @Datedoboy in that thread below:

Angelfrost:
This is impressive, lengthy, yet shockingly lacking.

You ended up being thrifty with the real truth (or maybe you don't know it).

Check the 70s and 80s... Why was the Naira stronger then??! Answer: Low importation compared to high levels of exported commodities.

Today, you literally import everything, and you pay in Dollars! Your demand for the Dollars is astronomical!

This has nothing to do with Dom accounts or people saving in Dollars... That's a secondary symptom of the main ailment.

Create a strong demand for the Naira by drastically cutting down on importation, starting with the main culprit "Fuel", and watch the Naira massively appreciate.

With the appreciation of the Naira, people will save more in Naira and no longer see the need to hold on to foreign currencies.


So please, quit going after symptoms or easy targets instead of curing the disease! Lead and the masses will follow!...

Dom accounts didn't crash the Naira... The crashing of the Naira gave rise to an increasing need to save in Dollars.

"The Joint Action Committee of Northern Youth Associations"


Una go just collect peanuts come dey form idiotic groups, come dey make silly demands.


If all of you morons were this committed and passionate about eliminating terrorism and insecurity, your region would have become the safest in the world by now.

seguno2:
Unfortunately all your suggestions fail to address the FUNDAMENTAL issue of us eating/importing more than we produce, and will make matters worse if implemented as dollars will become more scarce and the exchange rate worsen, with an even greater gap between official and UNDERGROUND parallel market.

Do you know of any prosperous country that is doing communist clampdown of free enterprise and private sector investment, which is essentially what you are suggesting? North Korea, Cuba, Venezuela

The guy actually made me laugh... Like, he legit sat down and came up with such an 'over-simplistic' approach to years of poor economic policies. Lol!

It's always easy to go after the same masses for trying to improve their lives in the midst of failed leadership rather than addressing the failure at root of it all.

Datedoboy:
I said it on this forum last year On Sep 26, 2023



As the Government has floated the Naira, if these measures are not put in place, NGN2,000 to a dollar won't be surprising to me.

I am just a concerned Nigerian and i am open to constructive criticism.

This is impressive, lengthy, yet shockingly lacking.

You ended up being thrifty with the real truth (or maybe you don't know it).

Check the 70s and 80s... Why was the Naira stronger then??! Answer: Low importation compared to high levels of exported commodities.

Today, you literally import everything, and you pay in Dollars! Your demand for the Dollars is astronomical!

This has nothing to do with Dom accounts or people saving in Dollars... That's a secondary symptom of the main ailment.

Create a strong demand for the Naira by drastically cutting down on importation, starting with the main culprit "Fuel", and watch the Naira massively appreciate.

With the appreciation of the Naira, people will save more in Naira and no longer see the need to hold on to foreign currencies.


So please, quit going after symptoms or easy targets instead of curing the disease! Lead and the masses will follow!...

Dom accounts didn't crash the Naira... The crashing of the Naira gave rise to an increasing need to save in Dollars.

cucumbar:
How come some of you fail to understand that your believe/unbelive/wishes don’t have an effect on the outcome of governance?

If the people in power do the right thing the country will progress, if they don’t , the country will fail.

You should hold the government accountable instead of gaslighting people based on what they believe don’t believe.

Well, I have gaslit no one, Sir.

I have merely pointed out a clearly observable fact. I didn't even criticize anyone.

Additionally, I never placed a single premium on wishes or desires, especially where they have no direct impact on governance.

seguno2:
Please is there a difference between desire and EXPECT based on the past record of the person involved

Egbon, you wan carry us go where we no wan go!

Zeebuy:
No one wil be complaining if he's performing.
Even Tinubu himself knows he's going to fail. How can you expect a man who said, "na statistics we go chop" to improve your country? Even a layman knows the importance of statistics.
Just 6 months into his tenure and everywhere is already upside down while people like you blame the masses for "desiring tinubu's administration to fail".

Pesin thief something, he no know how to properly use the thing wey em thief. Na now you dey see the effects.
Una go suffer

You shouldn't be in a haste to label me a Tinubu supporter or a critic of the masses.

I merely stated an observable fact: some Nigerians earnestly desire to see Tinubu fail!

This was also Tinubu and Buhari's desire all the while Jonathan was in Aso Rock till they claimed power, and totally destroyed what was left of the nation.

HeadNigga:
they want them to sell off the ones they have produced already

Sigh... That doesn't even make sense.

Meaning, they can sacrifice more people's health within 3 weeks just to protect other people's profit margins.

ObalendeCMS:
Would any other person as president, especially the peter obi that the disobedient are parading as their lord & saviour, have done anything different to reduce this naira - dollar xchange rate?

Yeboze & disobedients keep sabotaging the economy.

Nothing and no one sabotages an economy like clueless and dumb leaders.

It is ridiculous to shift blame to mere critics (especially dumb ones like some Obidients) for this poor economic direction of duly elected leaders.

Have the courage, decency, and common sense intelligence to compel your elected leaders to save this nation's economy from imminent catastrophe... Don't cover up their glaring failure by spotlighting irrelevant people.

"A man whose house is engulfed in flames doesn't have the luxury to chase rats"

That ban should have started years earlier.

In this day and age of easily available information on health and safety, I find it hard to grasp why most Nigerians continue to indulge in the consumption of things that will wreak havoc on their system.

As uncivilized as our old lifestyle practices look, they have kept us healthier than most parts of the world in recent years... Some of you are too educated (yet dull) to realize that eating rice and other foods served on clean leaves is a mile healthier than eating it served in plastic and styrofoam (takeaway) plates.

Oga Supreme Court has spoken!

Kennyswag:
I don't care about dollar because all the money in my accounts is in naira.

Yeah... That would have been great if your nation was not so import-driven.

If we all exported valuable commodities and produced all we needed in Nigeria, the demand for the Dollar would have been very low, ergo a massive bridging of both Currency values.

This was how things were in the 70s and even the 80s.

So, your purchasing power is declining rapidly with the value of your currency because inflation is galloping along with everything... The value of your Naira savings practically declines per hour, right now.

Righthussle:
Daddy G O , when your prayer go work ? Since 2016 when 1 dollar was 210 naira you made this decree naira no rise again.

Well... Technically, the Naira is RISING... Just in the wrong direction.

Mandem2:
I think what people are saying is that the government policies so far has no benefit to the common people and this is what most of them expected. I don't think anyone is praying for the government to fail. If the government fails then Nigeria fails and I believe nobody in Nigeria wants that to be the case.

Nah... Certain Nigerians earnestly desire to see Tinubu's administration fail woefully.

For such people, it validates their conviction and belief that he is unworthy of that position, and they are ready to lose everything of value to them just to be proved right.

Then again, if you look at it, it feels like Karma! Tinubu, at one point in the past, never wanted his President to succeed in anything.

oliverwrites:
And if we check it well now, you earn in naira. You are praying hard that your earning power should diminish all because you hate the person who is president.

It is senseless to be honest.

In simple and basic Grammar, punctuation makes a whole world of difference!

"It is senseless to be honest" and "It is senseless, to be honest" mean two totally different things.


I believe you were aiming for the latter, in your response.

Sigh... This Currency is 'dying' faster than most of us predicted.

Eventually, this kidnapping business go cast...!

It would have happened sooner if Nigeria had fully gone cashless, and serious cap and surveillance placed on bulk transfers.


I just wonder the next proclivity most criminal minded Naija youths will turn to en masse.

Dpharisee:
A former Chief of Army Staff General TY Danjuma already accused the military of colluding with the killers in public

That's the only explanation for why security issues have worsened since PDP handed over.

The Military is badly infiltrated and compromised.

phr0nesis:
😆😆😆
People that Senegal will soon send home.

Send home?!! They are already home. They are the host.

If or when Senegal sends you people packing, will the celebration continue?!!

...And una don rush go sack Coach.

thesolutions:
Everything is fake. I have not tasted real milk for a long time now.

Not necessarily fake for most of them... Just drastic reduction in quality and standard by some of the manufacturers.

There is a clear distinction between drop in quality and outright Imitation.

Some companies are now cutting cost by reducing production standards.

BlueRayDick:
So what's the essence of the alarm raised if NAFDAC cannot explain how to identify the counterfeit products? Or they saying people should just avoid the brand totally going forward?

What kind of empty health advisory is this from NAFDAC?

Don't mind the idiotic organization.

All they do is raise alarm.

No proactive steps to curb proliferation of fake and substandard products... No unique structure to separate fake from original.

Nothing but raising alarms.

Na now day break?!!

Always reactive rather than proactive.

If something no spoil, we won't do the right thing.

Why wait till insecurity gets out of hand before beefing up security?!!

Africans sha!!!