₦airaland Forum

Toluwanise247:
Yes … we agree.what do you expect from a nation like Nigeria. We should even be grateful that is not worse than this

It hasn't stop,it's getting worse,

Toluwanise247:
Man the guy is right…. Uk too is going through economic problem.

You don't compare theirs to Nigeria,their currency is stable,prices of goods and services are stable.

omowolewa:
BBC and sensational news

They are correct

Truvelisback:
Retire and hand over to Pastor Adeboye's son? I don't understand. For what reason?

It's their empire

officialwdhtv:
Can you translate this photo into words?

CAN YOU FLY OR RUN WHEN THE TIME COMES

If you have the means you can do the number one, but the rest is a no no

Nigeria's currency has taken a severe beating in the last 22 years (1999 - 2021 ) losing about 324% of its value to the dollar.Over this period Nigerians have elected four presidents, each of whom has appointed four different central bank governors.

Under President Olusegun Obasanjo, the Naira traded at 97 naira to the dollar and ended with 126.1 Naira to the dollar that is a depreciation of 29.9%

At the time Yar'adua assumed office,the Naira was still valued at 126.1 Naira to the dollar,at the end of Yar'adua administration it was 147.61 Naira to the dollar, losing 17.05%

During Goodluck Jonathan's five years tenure saw the Naira dropping from 146.61 to 196.5 to the dollar by the time he left office,this represent 33.1% depreciation

Mohammadu Buhari took office in may 2015 at the time he assumed office, the Naira was trading at 196.5 Naira to a dollar,by the end of his tenure the Naira has taken the biggest blow,falling by 109.4% to 411.65

Babangida 90 Kobo to $1

Abacha #22 to $1

Obasanjo #97----#126.1 to $1

Yar'adua #126.1----#147.67 to $1

Goodluck #147.61---#196.5 to $1

Buhari #196.5----#411.5 to $1

President Bola Tinubu met the Naira at 465.07 to the dollar

No nigeria government has been able to give the country's currency value against the dollar because of the import dependant nature of the nigerian economy.

BarrElChapo:
Akpabio is a demon.

It's the nigerian lopsided system that tamed him.

These are spent forces that should have retired but because of of the corrupt system they find themselves, they are still relevant in the scheme of things.

itzadorable333:
speak for yourself, last time I checked there was a recently-concluded election with a majority mandate, a president-elect and a current administration; all as a result of the choice of the people. Now tell me, if Democracy has never worked for Nigeria 'according to you' what is Democracy still doing in Nigeria? Or what political system is Nigeria still practicing? Or is Nigeria now the name of another country?
And, is it the leaders or the system of government? Which is your problem?

Democracy only favours the political class,so they will never let it slide

gsmphoneseller:
99℅ of all the top positions are occupied by Yoruba.

Is that how to further the ministry of God with only your tribesmen.

No other tribes are found worthy,

Yoruba with tribalism and betrayal are like 5 and 6

RCCG is a tribal church where all the top heirachy of the church are from one region of the country

Let the fight their battle of betrayal, which they are known for

Someone have to be extra careful when you are online, don't even send 10kobo or do any financial transactions or giveaway

Give whatever giveaway to your neighbors who is in need

There are many people with evil intentions online

itzadorable333:
Nigeria's current Economic situation is the result of the choice of the people. So it is hard to understand why the same people are complaining, or can someone eat their cake and have it? Can someone make a choice and complain about the result of the choice they themselves made?
What the Nigeria people chose is what they have got. Nigeria's Economic predicament is a Creation of the choice of the people. So stop complaining and enjoy your mandate with gusto and all good pleasure. After all, no one forced you to choose neither did anyone make the choice for you. It is the food you prepared for yourself, with your own hand so what is the problem with you?
Well, there is no law written that says WHAT IS DONE CANNOT BE UNDONE.
It's just that I believe the people of Nigeria are not yet ready to do what is Necessary.
So when you people are ready, YOU KNOW WHAT TO DO. FOR AS NO ONE TOLD YOU TO DO THE ONE YOU DID, AS NO ONE TOLD YOU TO MAKE THE CHOICE YOU MADE SO NO ONE CAN TELL YOU TO UNMAKE OR UNDO WHAT YOU DID, NO ONE CAN TELL YOU WHAT TO DO.
NIGERIA WHEN YOU ARE READY, YOU KNOW WHAT TO DO.
TILL THEN, ENJOY YOUR DELICACY.
My people usually say, WHAT YOU ASK FOR IS WHAT YOU GET.
Your solution is in your problem, the both are in your hands.
You hold the knife, as well as the yam. Your Choice, as usual.
Nigeria people 'we' hail thee...

Nigerians had never gotten the leaders the wanted and voted for from Obasanjo to date including the 36 states governors


Democracy had never worked in Nigeria

They can get the sand or ashes where the crash took place,take it down to his home town

These ministers should empower their congregation expecially going into agriculture and sundry

essentialone:
The high increase of Gay and Lesbianism in Nigeria: What are the Causes and Effects?

How did you know there are increase,are you one of them

Chicagograduate:
Floating .Aboki wey dey change dollars know wetin be binance?

but binnance was the yardsticks the aboki were using for exchange

Since the first day the nigeria government place a ban on binnance,the Naira start recovering.till date

Are they using binnance in sabotaging the nigerian economy

Splashme:
OP, provide the source and the moderators could move it to homepage

done

1.Tunisia 3.13 /$ Tunisian Dinar

2.Libya 4.83 /$ Libyan Dinar

3. Morocco 10.0 /$ Moroccan Dirhams

4.Ghana 12.39 /$ Ghana cedis

5.Seychelles 13.48/$ Seychelles Rupees

6.Botswana 13.70/$ Botswana pula

7.Eritrea 15.0/$ Eritrean Nakfa

8.lesotho 18.98/$ Lesotho Loti's

9.Namibia 18.97/$ Namibian Dollar

10.South Africa 19.02/$ South African Rand
Source; Africa.busuinessinsider.com