₦airaland Forum

politicoNG:
Tungan Madaki is in the suburbs of the Abuja Municipl Area Council, FCT

Aisha Yesufu

He should stop wasting his money. He is never going to be president

Dubetex96:
Like the way your Tinubu was a charterd accountant? Economics isionu

Bleep off

I look forward to the day saboteurs like you will be paraded in the street and jailed.. Cbn is already plugging some of the holes used by reptiles like you to cause chaos in the economy.. I hope you lose big.self-servicer.

Dubetex96:
Shatap !!! You ignoramus


what do you know about economics?

Lol, I was studying economics in the UK before your dad met your mum. Toerags like you are shot in China for economic sabotage.

Deogratiasfx:
Same people that are waiting for 2027 to vote him again?
I am so happy Dollars is increasing. Bad news for the nation but congratulations to me.
We warn people but they called us names. today we are the ones enjoying the bad state of the naira.

So you are one of the economic saboteurs.Shame on you.

Set to release yet again. Wahala dey o

itsene:
Same thing is going on at the state level.
Some governor s need to be on interpol list.

All governors are not clean

olisaEze:
I don’t care if you’re looking for traffic or engagements, but it can never be well with you. Imagine you’re one of the victims bereaved kids, currently confused with all this, stumbling on to this headline. Your upbringing is evidenced by your lack of respect for both the living & the dead.

Don't reason like a bonobo without a brain. Do you even understand what was being said.So we should keep quiet when Nigeria has been criminally wronged and economically raped. Go back to the garbage yard you crawled from.
Millions of Nigerian children are starving and suffering and all you care about is the sensibilities of one man's children. I wish that the Internet allow slapping through the phone.

Ogiame:
Hey guys,

Hear a clown speak. 🤡

We are listening as you are the clown here to entertain us

Validated:
Emefiele did not steal any body's money. Tinubu and his hordes will be totally disgraced in court.
One big count evaporates just like that

Lol. Read the original post again.

Adewale1603:
Don't buy all these copy Chinese phones, Chinese phones that can't access Google play store. But old iphones and samsungs are still better than latest itel or Tecno

For your mind. Wake up it's 2024 already.

Sterling working now

mizBisobo:
OMO MAKE UNA SEE O.

this is not good at all

We will not watch your scam videos.Fork off.

AustineE1:
You sound very stup*d！You stay in your village and type nonsense about Nigeria and claim things you dont know.Nigeria companies has strong presence in South Africa which can almost compete with what they have in Nigeria.
Access Bank aquired South Africa's Gro bank for 60million dollars in 2021.
The Nigerian fintech company Paystack has a strong presence in South Africa.
Airpeace and Arik Air has presence in South Africa.
Union bank,Zenith bank and First bank are all in South Africa.
Thisday newspaper and Financial standard both has presence in South Africa.
Stop denigrating Nigeria and you can go and varify the information i gave you.

Did you have to hurl insults to make your point

Fact of the matter is that iboland in 1914 was critically undeveloped and bereft of educated class.. There was no paramount king or national leaders in iboland at the time.

aribisala0:
You are ignorant. Talking bullshiit?

How old are you?

The WORST period in exchange rate history happened under the military
Buhari took over power on 1 January 1984 One dollar was. 75 KOBO
He was removed on August 27 1985

The rate was. 3NAIRA
in less than 2years

Babangida took over in 1985 and from 3 Naira it went to 80 when democracy returned

1
That would be like moving from. 75 Naira to 8000 Naira in 16 years .

That is what Buhari ,Babangida and Abacha achieved in 16 years so do not try to rewrite history

Let us put it in today's terms
Buhari moved Naira from 450 to 1350 between January 1_1984 and August 1985
IB B and Abacha took over and moved it from 1350 to 36000 between 1985
and 1998

That is the equivalent comparison

I'm actually gob smacked by your wuruwuru statistics.You were talking about units of naira and dollars but completely silent on salary progression, currency devaluation,oil price crash and GDP depletion that happened at the time.Do you think that you are dealing with a village idiot.
The average clerical officer was earning 75 naira per month in 1981 but by 1998 it should be around 1000 naira meaning that he was still getting value even at the higher numerical price. for dollar exchanges.
The naira retained it's value until Jonathan came and it tumbled from them on
To clarify,you could eat a modest meal of sausage and chips for a pound in London in 1983 and you would do the same for 4naira in Nigeria but now a pound gets you nothing in London but 1700 naira buys you rice,beans,meat , fried plantain and two bottles of Goldberg at a buka in Nigeria.. Democracy has failed Nigeria.The incessant looting has made the naira undervalued

yarimo:
Are they bankers or lawyers ? If they are lawyers and well qualified nothing wrong in that.

That's what I thought as well

Taich:
.

They are businesses being patronised by FG and FG pays the contractors in dollars, in Nigeria. Open your mind and you will make better analysis. Anything coming from this government should be read multiple times over because they don't have the masses at the core of their policies. Who spends official dollars more than the politicians?

The naira is the legal tender inside nigeria.By law using another currency to transact business inside nigeria is unlawful no matter who the perpetrator is.

Bigkoko:
Before the arrival of these crooks, the Naira was more valuable than the USD!

You wanted democracy, didn't you.Enjoy it. The military pegged the naira which politicians are unable to do.

Taich:
Story for the gods. They are business in Nigeria that are dollar dominated due to their nature. Cbn should focus on the right direction and forget these knee jerk approach.

Lol, read what you wrote again.Foreign currency should be Nigerias legal tender abi

aguluobi:
All this Igbo just love to de lie to themselves

Lol. I wonder if that Molotov cocktail is nuclear missile.

thesicilian:
He's mad to have discouraged ransome payment in the first place. Shows he's not intelligent enough to know the pains of others and the shortcomings of the society he lives in. Does he also have to experience being rapéd before knowing that rapists should be stoned to death?

He was right that ransom should not be paid. If no ransom was paid when the first six people were kidnapped then we would not have the kidnapping epidemic that we have now and many lives would have been saved.

Bigkoko:
Such a foolish comment from a corn mulching swob? Do you think readers are like Agbado miscreants that actually believed Asiwaju will do well?

So many things, but the swob could not point out just one! Stop reacting like patch patch CBN gov in face of downward spiral of the Naira!

I know say na the skull mining irritate you. I'm promoting an idea whence they will open all the cemeteries in Nigeria so y'all can go pack skulls as una like. But wait fess, those skull no dey smell una?

Trying to reason with you is like explaining quantum mechanics a retarded bonobo. Not worth it.

Bigkoko:
Like or hate him..... Ex CBN gov is 100 times better, smarter and useful than the current patch patch CBN gov....

Like or hate him, Buhari is more intelligent and prudent than Asiwaju.....

For years Emefiele maintained a stable FX rate, this is despite pumping trillions of cash into the economy through his not too bad agricultural policy. The dude has a magic wand I tell you. Check this out. Common economic principle states that if you pump in more cash into the economy, the tendency for inflation grows, he pumped in more cash, trillions of it, and the northerners really accessed easy, cool interest free cash for months. What exactly is Emefiele magic wand?
This is what he did, he knew that for every action, there ought to be a countermeasure. He developed that through his cashless transaction and policy.

However, it came just at the Nike of election time, and Bulablu thought it was primarily designed to stop him. If Buhari wants to stop emilokan and emilokanomics, it's just as easy as calling Prof Yaks and telling him to announce another person. Emilokan won't do shit. What Emefiele effectively did which wasn't celebrated was:

1. He made, through his Naira redesign policy, banditry and kidnapping for Ransome unattractive! During those times, kidnaping and banditry as a business was down to almost zero. I know of this because I supply tabs to organizations that needed help with data in Nigeria.

2. He made money politics a no way for the money bags, such as Asiwaju. This is the real reason he lost in almost every needed place he should, Osun, Lagos, Abuja, Kano etc.

Now, it's quite clear to even kids that our patch patch CBN gov is terribly ignorant of what it takes to keep the currency stable, issuing threats to banks to off load USD would do one thing: Make people remove billions of USD from government eyes....the can as well keep it in their homes. So will Cardoso issue another threat to home owners to sell their stocked dollars?

My dear, na aka gum HE Peter Obi fit Nigeria. If you no work, you no go chop. Even Apostle Paul talk am..... But I don't know what these miracle wishing pastor or skull mining Alfa smokes Sha!

Lol,I never knew nigerians are so stupid. So many things wrong with your post .Get a refund from your teachers

Pineapplelove:
Guinness world record loading

Nope.Many have done more than that before. Some even ran.

Goodmarlian:
oga your islamic brothers started the war first,they are reaping what the sow,besides i dont see gaza existing in the next 30 years even if they do israel is ever ready for war i didnt sart today.

Once Iran acquires nuclear weapons,all bets are off. Open your eyes.

Goodmarlian:
honestly i feel for that country.a country where once you are born you are automatically a warrior,a country many countries wish they are wiped out of the face of the earth.
may jehovah never forsake the true descendants of ABRAHAM,ISAAC AND JACOB.i suppport the total reclaimation of canaan by jews from whoever is holding it from Damascus down to jordan and the euphrates,the holy land is blessed,may God that gave,gideon,joshua,david the victory give Netanyahu the grace to wins this war existencial war amen.
SHALOM!II

I doubt you are human. Israel has now committed more atrocities than Hamas.Moreover they will reap the results of their crimes in about fifteen years time when the Gaza children grow up to take revenge and by then Iran might be nuclear power. Don't side foolish people.

YAWN. I thought that they would have hanged the Fendi wearing rabble rouser by now. Tinubu is slow.

Schooljob1:
The problem with supporting Tinubu is that it gradually turns a once intelligent fellow to a dunce. Just read up what you wrote.
What has the economic situation of the country got to do with the masses who didn't support Tinubu?
What will their happiness or sadness change?
When are you lots going to take responsibility and call out your master's incompetence?

I was making the point in that post that most nigerians are too stupid to understand that Nigeria is bigger than one man or a party and unfortunately you had to prove me right.
I'm committed to the center left politically and Tinubu has not shown himself to be ideologically bent that way.In 2016 after winning the Nevada caucus Trump declared that he love the poorly educated ,acknowledging that the poorly educated gave him victory so stupidity exists everywhere
The schadenfreude exhibited by the opposing camp when naira nosedived is sickening since Tinubu being a dollar billionaire will not even feel the effect.Stupidity stalls countries.

mctfopt:
Gentlemen, brace for $1 = ₦2000 this year. We are surely heading there.

Many nigerians will be happy with this news Half of the the country will be working against this dispensation, hoping it fails and when in some years time the other lot takes over then the people of the current dispensation will work tirelessly to frustrate them as well. Aren't we intelligent
Anyway I've paused aliexpress matters for some time ,I cannot be giving someone a goat to receive a chicken. There is no value in the current FX rates

EmekaA125:
Jakpa is good but we must see the end of Tinubu's exit from Aso villa in 2027. Join the moving train now!!!

Smoking is not good for you. That your train is a catastrophic wreck.