₦airaland Forum

MrBrownJay1:
what a sad statement...

brain54:
But if dug deeper it MIGHT also be a deeper case of insecurities!

Sad statement my ass, insecurity my foot. This is a MAN. Our great forefathers didn't go about saying "I love you". Besides, most, if not all, romantic "I love you" are either false or based on some figment of imagination in the sayers head, that is not the person they're saying it to!

Depends.
Define mugu, then judge for yourself

freemanq:
The warning should be directed to the state governors first

It can't. They can't go to jail

Godspeed0:
This law need to be delisted spraying of money is African culture this law need to be eradicated must we copy very white man culture if they can not give us 24hr light since independence they dont have any to arrest anyone spraying money

Which kin African culture. Were Africans using paper money before?

shortgun:
Till now nobody has been able to explain how spraying of naira at events affects its value and purchasing power. This law is the height of misplaced priority.
People have been spraying dollar and other foreign currencies yet their value keeps appriciating against the naira even after the ban on spraying naira

But why must you spray money. Give me one problem spraying money solves

God1000:
Another nonsense talk, you don't know what Nigerians want

He said he doesn't know what the hell they can be protesting about seeing as everything is going great in the country

If Davido can say life is not fair...

Zernie005:
The ill-fated boat, likely carrying migrants attempting to reach Spain via the Canary Islands, had been at sea for seven days before the disaster struck. The Atlantic route is notorious for its perils, with summer being the peak season for such dangerous journeys.

Na wa

Data from the IOM reveals a staggering 160% increase in migrant arrivals to the Canary Islands in the first half of 2024 compared to the same period last year. This comes amid a separate report from migration rights group Walking Borders, which estimates nearly 5,000 migrants perished at sea in the first five months of this year while attempting to reach the Spanish archipelago.

Puss360:
Lol 21yr old, to marry 56yr old...

I rather do hookup till I die 🤣

Funflipper:
Lol, how old was Regina Daniels when that old iguana married her?

See below

Sapasenator:
In my next life, I want to be a king in Eswatini.

Until one day you'd hear King of Eswatini committed suicide. Things are not what they seem in this life

Blazetrailer:
....and this is somebody's father/husband/brother/boyfriend/girlfriend

....if only someone in your household coukd do you a favour by taking the phone off you or wipe off your data so you stop disgracing yourself and them in public like this.....by dancing in circles and contradicting yourself....

Assuming it is not even fully floated and let us follow your warped sense of reasoning....is is not more sinister to claim you no longer fix an exchange rate but you borrow at exorbitant rates and unfavourable terms against the future oil production to keep the naira at a rate tgat is even killing your economy the more all in the bame of flaoting

I shudder at the level of reasoning of some these Tinubu supporters online. It's like they went to quranic schools instead of proper schools.

Something must be wrong with you genetically. I believe so.

You know, one big flaw with a faceless forum like this is that you subconsciously assume that the person you're discussing with is fairly on about same level as you. You have once again reminded me that this is often not the case at all.
This your last post has demonstrated to me that I've been wasting my time talking to a person of very low IQ.
Sorry I can't continue. Take good care

Gboss247:
Naira is managed with borrowed loans from IMF, World Bank, Afreximbank etc and not free floating as they claimed.

No currency is completely free floating. What CBN did in June 2023 is called FLOATING. The EFFECT of course was depreciation. If Nigeria had at same time discovered, say, a mineral that the world was clamoring for, the effect would have been appreciation. The stated reason for the floating was to practically eliminate black market. All this I've been trying to teach the genius Blazetrailer

Chicentt:
My pussy hurts

I'll massage for you. No charge
(I'm of course assuming you don't have two hairy balls)

Willie2015:
If you are a frequent traveller....
These events are normal occurrences...
A journey of a day takes 2 or 3 days
Cos of bandits and armed robbers on the road....
Once its 8.00pm in some axis ...
Its better to park your car and find a place to spend the nite
And continue your journey the next day....

It wasn't night in that video

sevo:
fed capital terroritory...federal road for that matter...its just pitiable...God forbid....one fvctard go soon bring peter obi into this thread...just watch

Will all this be happening if Mr Obi did not start protest. Be honest

Blazetrailer:
Lol
Oponu!! Hear yourself .....any later action from government was to prevent further depreciation " but its floated....

A new level of buffoonery. I'm done with you if you can't see you arr dancing in circles.

Go online and type naira devaluation and you will see 1000 more articles from far more credicle sources including IMF Reuters,Bloomberg, World Economic Series The Economist,IMF on why what hapoend is called devaluation and not floating....instead of quoting all the nonsense personal opinions expressed on LinkedIn by your fellow dim-witted olodos

I'll end this by recapping what you've already been taught. You go and learn the rest by yourself.
1. No country's currency is fully floated or fixed (see below).
2. Nigeria FLOATED her currency in June 2023, as promised by president Tinubu.
3. The effect of this "hands off" was depreciation of the Naira

Now buzz off and stop wasting your time arguing nonsense!

Blazetrailer:
LOL!!! I can't stop laughing. This guy na waste of time abeg. Imagine the level of buffoonery!!!

I thought this idiot had any credible and independent source of his spurious stupidity....seeing the personal views and articles on pages of LinkedIn he attached below just corroborated what I had inkled all along.

This buffoon does not have the capacity of reading and making an objective conclusion from what he has read. He relies on on the thoughts or personal opinions ofnpeople expressed on the LinkedIn pages. Chikena. Case closed. Lobatan!!!

They said it is floated...so it is floated....without understanding first, the true meaning of floating.

Omashey o!! No wonder criminals like akpabio and uxzor kalu are the ones making rules for them and presided by a known drug bag man, when they reason like this.

Guy, rest...stop disgracing yourself and your lineage further online abeg!

You can insult me all you want as long as you understand that the Nigeria govt FLOATED the Naira, which led to sharp depreciation of the currency. Any later action of the govt was to prevent further depreciation, and does not mean the Naira was not floated

Blazetrailer:
You are a simpleton.
I now know why a corrupt human being with shadowy background and criminal past found his way to becoming the President of you people in that country. I initially wanted to ignore you but remembering that there may be other dim-witted and half educated buffoons who may be reading this and think you are making any reasonable point.

Now listen, there is no thin line between full floating of a currency and regulating it. Its either its fully floated and the Central bank only plays a regulatory role or they still get involved in fixing the rates somehow. You admitted below that you were not referring to a full floating of the naira, so what is it then?? Partial floating?? You started this by saying naira was floated and after giving you the markers of a floated currency, you changed and stated that you were not talking about fully floated currency. So what were you talking about

Your stupid argument is that since the President does not announce a particular rate(as if rates had always been announced by the Presidents previously), then it is floated. Daft!! It akin to those who said since Tinubu announced subsidy was over, so there was no subsidy again. Only simpletons reason like this.

Do you see the Bank of England, Federal Reserve in the US, Bank of Canada or Bank of Australia take some monies from their foreign reserves and sell at a particular rate(to which nobody know how it was determined) to some set of people while others buy at a different rate??

Do you see the Bank of England, Federal Reserve in the US, Bank of Canada or Bank of Australia compel their commercial Banks to deposit their foreign currency with them??

Have you ever been informed by these aforementioned banks that there was an error in the excel sheet they used in calculating the exchange rate as such the rates they were using before was lower and incorrect??

Naira was devalued. Finish!!

IMF/World Bank had called this out clearly in their March 2024 report and stated that the currency was still not floated and government was still subsiding imports. The link below should awaken your dead gray matter, if at all you had any. The fact that CBN does not announce official exchange rate does not make the naira floated. Stop reasoning like a simpleton!!! I cant help you further than this, my brother.

https://www.focus-economics.com/countries/nigeria/news/exchange-rate/central-bank-devalues-naira-again/

Guy what is your problem?? How can it be so hard for you to grasp such simple a concept? I started this by defining for you what is meant by float! That should have been the end of the discussion. Instead you went on writing rampage, writing non siquitor long epistles! I'll let these folks below educate you further

Laurene:
She's just a misandrist... Fani Williams the DA of Georgia practically threw young black men in jail but she's very liberal.

Misandrist only when it comes to non-violent blacks? Point is, she can pivot to center and tough-on-crime based on that!

See the shameless lying police. Telling TOTAL LIES!!
If the victims didn't already told what happened the public would have been fooled as usual.
Damn LIARS!!

Laurene:
lol she's a progressive Californian virtually on record as an attorney General and Senator pushing socialist agendas.
Where does she pivot to?

See below. How leftist/socialist is that?

Duh, every politician wants to be at the center BUT without losing their extremist supporters, which is hard to do!

Lovenorth:
Tinubu brought hunger through anti people policies, corruption and the cost of governance at the detriment of the Nigerian people, which made him to do the offense in order to feed himself and now see the result

Are you saying he wouldn't have done it under Buhari, when Nigeria was heaven?

Blazetrailer:
LOL
Gosh!!..its obvious you are shallow in reasoning
You still haven't got. Let me type it in caps, maybe it will sink in deeper.

NAIRA WAS DEVALUED DELIBERATELY BY THE NIGERIAN GOVERNMENT TO ATRRACT FOREIGN INVESTORS UNDER THE GUISE OF FLOATING!!

World Bank and IMF called it out in March 2924(that's if you read independent and objective news sources though) that the Niherian government DEVALUED their currency deliberately. All it her nonsense about floating is gibberish.

I'm done with a dumbo like you though. Same set of people never believed the Nigerian government was still paying fuel subsidy, something that was called out by IMF as far back s November 2023....just a few months after ut was claimed " subsidy is gone"

This is actually ridiculous. You keep quoting people analyzing the EFFECTS of the floating.
OK, here is a simple question that'll demonstrate to you what a genius you are:
If Tinubu had come out and said the Naira was overvalued and that they would "permanently" peg it at 1.5K to the $, to be reviewed every 3 years. WHAT WOULD YOU CALL THAT??
Now run along and stop disturbing my peace!

cococandy:
That part killed me.

You can open your eyes and watch your brother being beaten? This world has gone to shit

Like he was directing a movie. Director!

Lovenorth:
Tinubu has really dealt with this country

OK, please explain to us how Tinubu has a hand in this

ikeno:
They all need to be arrested inclusive Joseph,his sister,his fiancee and brother in law for being accessory to murder.

Of course Joseph, but how will you arrest him in Germany? He may never come back again - his mother thus losing her two only sons

OkoRemi2023:
They've graduated from hating other tribe to their own bloodline


This is what you see when hate is a culture in a tribe

Will you ever for one minute see beyond tribe?? You're the one consumed with tribalism and hate, yet pointing finger at others

Arostar2023:
How many doors do you need to sell in order to eat?

As many as satisfies your share of the building that was sold