₦airaland Forum

Keeping the Naira at 199 to the dollar is not defending it as you do not have it readily available to buy. This in turn made the parallel market to thrive at 320 naira to the dollar because demand is high but supply low.

Under Jonathan, it was being defended and supply readily available. This led to high demand and high supply at the detriment of saving for the future.

Good night

Reference:
And keeping the Naira at 199 to the dollar as against the reality of 320 is called what. Abeg go to bed and continue evading reality. One year has passed Obama is still blaming Bush.

Agreed we should stop all this blaming games and move forward. Also the three months the the APC we all know was just part of the political gimmicks and we should never hold them to that.

With patience, the economy would be diversified but not without current pain. In order not to be held responsible, the government still points fingers at GEJ for causing it. We all know PDP=APC and APC= PDP no difference at all.

OlivetBen:
I think u are doing the right thing @d wrong time. When are we going to stop blaming the past govt? It's almost a year now what we keep on hearing is blame upon blame. Was it not this govt that saw the anomalities in Jonathans govt and promised fixing them within 3months? By the way who told u that GEJ didn't inherit problem as the president of Nigeria? Since we got independent or let me say since after civil war tell me when things(leadership) has been smooth? Is it not Abacha's looth that different countries have been returning back to Nigeria since his death? Is it Obasanjo that was a cent when he was the president?
The main issue @hand is how to be progressive and not pointing acusing fingers till eternity.

I suspect the twitter handle or handler is fake too. How can you say 'ntel says it's fake.....'

ceslide:
They posted this on their Twitter....also saying shocker007 is giving false info and is in no way associated with their network

Partisan politics aside, you're thanking someone who added to our problem?

We are currently facing this issue now because of the following

1. Low oil revenue - Not caused by Jonathan
2. Not saving excess oil revenue when price was very high above budget benchmark - Caused by Jonathan and all greedy governors then
3. Trying to defend the Naira against the dollar so the people would not face the reality resulting in the foreign reserve depletion - Jonathan to be blamed here
4. Mis-managing of the little foreign reserve left - Again Jonathan and crew to be blamed (Dasukigate evidence)

In the face of the scenarios listed above, the presentation to government has refused to defend the Naira because doing great so would have led to the country going bankrupt and not credit worthy to suppliers of critical imports.

What many do not understand is that the current fuel scarcity is a direct result of the foreign reserve issues we've been having. It only subsides when government is able to save enough to import in bulk so as to flood the market.

Conclusion, the issue would have been worst under Jonathan had he continued causecause, they would have continued defending the Naira until no more foreign reserve left.

whatalife:
This Govt is really confused, I sold one of my best property to send my younger brother overseas for MSc last year before Jonathan administration left office,thank God I got government rate for his tuition fees , I was only able to pay for 10 months accommodation stay for him at 600 euro per month, now I have 8 more months to pay at a terrible rate of 368 to a euro as against 205 under president Jonathan.
Jonathan God will continue to bless you in Jesus name

All Progressive Clowns

Is that daft CBN governor of in a better position to address the press than a minister who knows not much about the whole deal?

If you're allowing free flow of Yuan into Nigeria.... what is that called? Does it or does it not function same way as currency swap?

These people sha

So becos she be house member she nor for give way to convoy? Same thing Akpabio did and rammed his car into a traffic post. The prisons guy sef 20 convoy? His days are now numbered though I want to believe it's made up of other comptrollers visiting with him.

You can join them naaaa - agbaya

onomefm:
Photo: What I Saw At The Premises Of Onitsha Mall


Just saw it last weekend, I don't get it. Why are they making this place to be all children affair? Mtchw.

Eagles slowly drifting into oblivion no foreign based will respect him

Nor mind dem .....they will be releasing singles thinking they're making any meaningful impact on the scene.

Tomorrow now he will be standing at the park begging for money as if he's a disabled person when he had both hands complete, he refused to work rather he retorted to stealing to be seen as a big boy ediot!

As usual, we will await the rebuttal to this before we get the final explanation of what took Bubu to China for 5 days

"No job, is better than a Mouth Action".

Ajusshi:
Please punctuate this sentence,

"No job is better than a Mouth Action."

Negodu

johnsina:
why I took the case to the police......Linda ikeji finally open up http://olododozone..com/2016/04/why-i-took-case-to-policelindaikeji.html

And they'll be making mouth

Please how did you unlock the Spectranet device? I have both spectranet and Swift ..pls help out if you can.

honsule:
The Sim card inside my spectranet unlocked mifi

Yea I meant typing Miyan Kuka ....auto correct tinz tnx dear

glossy6:
mai in Hausa means oil
we have miyan kuka which is greenish like the ewedu soup but kuka food mi omo .

***modified
it's like you were about typing miyan kuka

I maintain that the deputy Governor is in a position to decipher edible or non edible, ajebo or not.

I de tell you! Guy fit don mara shaaaa small blockos tho

Ezerbullet:
This heat can almost make you do anything.

At last a change in the pix you uploaded See attached actual rates from the street Abok1Fx

zone20:
Above is today's exchange rate of the Nigerian Naira against the Dollar, Pounds and Euros. Hmm... There is a bit rise in the naira.

http://www.musbizubeat.com/2016/04/see-new-naira-exchange-rate-dollar-pound-euro-2/

Why not list out the steps to rectify the issue here instead of wanting everyone to whatsapp you Haba!

dedonchi:
This update is being done with my Samsung galaxy note 4 on Ntel services in Gwarimpa Abuja. Below are some pics of the ntel stand as at 10:45 am. If you have issues getting the 4g network on a Samsung phone like S3 to note 5, pls whatsapp me on 08077923732 and I will help you out. Ntel is live

Sack him!

Haba ....8 times and same school? You don't need any convincing reason any more than 'I want to blow' The embassy has a his record and each time he's choosing Colorado ....it triggers a suspicion of an organized crime in the offing. Tell him to chose any other school apart from Colorado. The Consulate officer be like ...there must be gold in Colorado to have spike this dude's interest 8 times despite visa interview failures.

taylor12:
Bros, pls help me help a frnd In need. My frnd has gone to the embassy like 8tyms naw for his masters degree to study accounting in Colorado technical University and was denied and still keep pushing hard in same school. His major challenges is this question. Why do u choose Colorado technical University to others since u are going there for your masters when you av many other sch that can offer u the best in accounting? Though many reasons has been given in d past but not convincing enuf. Pls I need a convincing answer to this question as he is preparing to go for one before the month end. Pls ur idea or contribution might go a long way. Thanks

Mind me asking .....was there a video of the visit showing the Deputy Governor saying that the leaves are not edible? we only read somewhere ...besides the DG may be an ajebo who doesn't eat such food. Go ask any northern what mai and kuka food is all about then you will understand.

glossy6:
Under the Fulani regime, sorry, Buhari, cows are more important than human beings



Is the (deputy) Governor a southerner for him not to differentiate an edible from non edible leave?

The north have various leaves which to others down south may think is not edible but which they (northerners) relish in their soups. We shouldn't come to a conclusion that this is inedible.

Nic3 but I hate it when asked my budget. I always feel they would rip me off based on what I tell them. I would rather you state your charges for different categories

webcraftz:
Having a whiteboard explainer video on your website won't break your bank. Let us know your budget, we can help you get something cool.

2Baba not against Nino doing this but against him doing it early. He wants them to go to school.... The very best one at that

Nor bi this same guy when ICPC de investigate over forgery of house rules? Issssorite!

See the rat begging for mercy in the first pix like Jerry of the Tom and Jerry fame

jamoscofield:
......this is the second time God is providing us with this special gift this year.. Lasser or No fever!! Meat don Done!!!

Lalasticlala abeg go hussle Garri come

How long will that bag of rice last naaaa? 2019? SMH

Okijajuju1:
https://nationalmirroronline.net/new/wp-content/uploads/2014/10/politics.jpg


Ekiti People pictured selling their souls for 5kg bag of rice..

Please dont blame the Woman, as long as poverty remains, the souls of Nigerians will continue to be up for sale.

Her pata outline on display

Looks like we're back to the days when locals kidnap people and pretend its the militants doing it. I mean fulanis kidnapping an ibo man on igbo land? Asking for 5 million naira? How and who did they communicate this to? Fulani man go say give am for me pive millian? I don't buy it at all

Dualization of road does not prevent flooding. The issue here sef is not one of flooding but poor drainage. I wonder what manner of engineer would design or manage a road construction without making arrangement for drainage to be constructed even if the owners did not include it. Haba ...there should be integrity in all these things naaa

lolzzzz:
This road called zik avenue in awka is the only dualized road in awka and still flood will not allow us rest.

We call on governor Willie obiano to do something.

Soon we go hear say CP de do am People shaaa