Dittodat's Posts
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Racoon or whatever your name is. Go and list to Mr Cardoso eloquent statement on the Naira and the Reserve. No need for rumors, just facts. |
OChimex:Countries hold foreign currency reserves for many reasons, including: -International trade: To ensure a steady supply of imports during a crisis -Debt servicing: To meet foreign exchange needs and external debt obligations -Exchange rate stability: To stabilize the value of the domestic currency -Financial crises: To help a country withstand external shocks -Confidence: To demonstrate backing for the domestic currency -Emergencies: To meet deadlines on overseas debt payments -Portfolio diversification: To reassure foreign investors These are some of the reasons for having foreign reserves and from all indications, a very small portion (less than 2 Billion) has been used for some of the reasons stated above. Foreign reserve is not there for picture taking, it's there to be used when needed. |
alanto:Their hypocrisy is first-class. Just imagine for a second that Dangote was the one who was charged with fraud and wanted by the FBI like Oyenma was, but the Buhari administration refused to extradite him to the US. I can guarantee you that every time his name comes up in the News, they will remind everyone that he's wanted by the FBI. The level of hypocrisy is simply astonishing ![]() |
Good |
What's the big deal in a 2 Billion dollar drop? Stop trying to make a mountain out of a mole. |
Fanatics in all religions. |
Righteousness2:Fraudster. Always posting rubbish trash as usual. |
Kangaroo court. ![]() Ganduje will be the chairman till 2027. Go and write this down. As long as President Tinubu wants him as Chairman, no one can remove him. |
Ebola. Yikes. I'll stick to Chicken, Turkey, Cow/Goat, and Fish. I mostly eat fish. |
Olosho in Hijab. This delusional brainwashed lunatic again. ![]() |
![]() FVCK the apartheid terrorist state of Israel. |
wallaze:That's how you address your father. Not surprised at all. |
I'm totally against all these useless grants. It's just an avenue for some greedy fools to steal. Invest the money into tangible programs or infrastructure. What a waste of revenue. |
Juliusganduje:Condum use could have prevented this kind of post. Pathetic. |
greggng:Olodo The US said that they will not participate in any retaliation against Iran which translates to, "don't do anything and don't count on us fighting Iran for you. Biden is trying to win an election. People like myself will not vote for Biden again regardless of his actions now, too little too late. Without the 6 or more countries helping Israel, Iran will turn Israel into a dust bowl. Do you think everything will be exposed in the news? Even the US does not want a war with Iran. Sense of history? That was when Israel was backed by the US and UK against countries that were just developing also. Now, Iran is not Jordan or Syria, thay have advanced weapons and is also backed by Russia and China. So forget that 7 day dream. |
blancsn1: |
![]() The Obi %diotc pigs should be ignored. |
Clowns. Without the help of the US, UK, France, Jordan, and others, Israel would have been on fire by now. Even with their help, Iran was still able to strike and damage the Israeli air base. The US have now said that they will not help next time. Let the apartheid terrorist state of Israel try another nonsense and Iran will give it back to them harder. |
onuman:You should go home and tell your village drunkard father to STFU. What company told you that there was no problem? One moronic Obid iotic fool who claimed she worked for Amazon now represents that company speaking? ![]() The level of stupidity and gullibility among these brainwashed IPOB cannibal Obi---goat monkeys is simply astonishing. Instead of all this trash, simply show the world polling results signed by all agents showing that you won. Done wasting my time responding to this low-life scum of Mother Earth. STFU, you can go and jump inside the Lagos Lagoon for all I care. BYE |
omoredia:It's blatantly obvious that Nigeria is in such a dire state due to zero IQ, shallow retarded imb@cile like you. Any country with a fair amount of retards like you cannot and should not expect any form of serious development. It takes intelligent citizens to have an intelligent society and development. Condom use could have prevented such cretins like you. Now STFU and get lost. BYE |
LagosFirstSon:Not true. Even in the US, members can be suspended or even expelled for violating the rules of the house. Each House may determine the Rules of its Proceedings, punish its Members for disorderly Behaviour, and, with the Concurrence of two-thirds, expel a Member. The House and Senate's power to discipline their members generally includes the authority to censure, reprimand, fine, or expel. You guys need to educate yourself about what's going on in the world before making these "only in Nigeria" comments. So far Trump is worse than any Godgfatherism that you have ever witnessed in Nigeria. If you don't support Trump, you are finished in the Republican party. |
Paramount01:Yesterday afternoon on LEMFI. Now it's showing 1102. It will go down further once the CBN sells its next batch. |
Man102:That Lukman guy is just an attention-seeking fool. He's so desperate for attention but the party is totally ignoring him. |
omoredia:Keep dreaming. All indications point to Naira gaining in the long run partly because of the policies and partly because there will be less demand for forex for major importations such as fuel. I will gamble on naira gaining than not. |
The Naira value is going to increase in the short and long term as long as they can keep up these policies and, especially if the refineries can satisfy local demand. I have changed enough naira for my immediate needs. I sold dollars for 1103 yesterday on the LEMFI App. |
Nice. |
She's a lunatic. We don't support terrorists and lunatics like some other tribe. |
onuman:Let's even assume that all you wrote here is true. I'm an IT guy, I have been doing IT before it became popular. No system in the world is immune from failure, especially a system that has never been tested on such a large scale. Now, let's even assume that INEC intentionally pulled down the system. There is still a fire-safe method of determining the winner. The paper results from the polling units can never be compromised because each party has its agent and will only sign it when they agree with their tabulation. The only way to compromise the system is for the LP and PDP agents to go along with the compromise. If you are going to cry and wail that you won, it is incumbent on you the candidate to come to court to show how you won and the easiest way to do that would have been through verifiable incorruptible paper evidence signed by all party agents. If you can't do that, then STFU and stop lying to your gullible brainwashed low IQ followers. You don't go to court and hope that emotions and sentiments will get you what you don't have. You must evidence of your claims. For you to go to court and not show a single paper result with results that differ from what INEC claimed is mind-bulging while still going around claiming that you won. It only goes to show that Obi already knows that his followers are a bunch of dumb ass retards. His followers should feel insulted. |
rumu3485:Don't mind them. They were lying that everything was shot down. Even with about 5 countries or more countries helping Israel, Iran was still able to land blows on the terrorist apartheid state of Israel. Iran also gave them advance warning and only targeted military bases unlike Israel that's killing unarmed civilians. Iran is ready to land more on them, and the US has told Israel that they will not participate next time Israel should go ahead and target Iran again. |
Even with these 5 or more countries helping Israel, Iran was still able to land some blows. The facts are beginning to come out. Jordan was shooting down the drones while they flew over their country, FRANCE, the US, the UK, and others also helped out. Despite all these efforts, some still made it through and damaged Israeli military bases and a C130 plane The US has told Israel that they will not do that again. The apartheid terrorist state of Israel is on its own next time and Iran is ready with thousands of more missiles and drones. FVCK ISRAEL. |
onuman:Yeah, same way we won the World Cup but we were cheated by FIFA. So collation was the problem? In that case, LP should have thousands of result sheets signed by their agents at the polling units with different results from what was declared by INEC. LP had many agents, and not a single one has shown a different result from what INEC declared. When Obi went to court, I was expecting the pandora to show the world result sheets signed by all-party agents with different numbers from INEC. But he did not because they did not exist. He was just playing on emotions. Pls say no to drugs. |
predictor1:it's not what he said, it's what he has done in the past when he had the opportunity to put his words into action. He failed and failed woefully. His words did not match his actions. |
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