₦airaland Forum

Birdbyrde440:
I earned it and decide to hoard and speculate massively, you can not decide for me how to use my sweat. I will hoard it and speculate with it as I so please.

Goodluck

yommen:
It's not about where the indigenes live. Its about the population of the original indigenes in that state compared to non indigenes.

Then the headline is wrong.

ValarDoharis:
So America with strong currency is not exporting optimally?

This is how you guys defended Bubu's ineptitude for 8yrs. You guys have transferred this pathetic behavior to Tinubu who is worst than Bubu

America rarely export consumer goods. They do more of tech.

ValarDoharis:
Which refineries?

Are you new in Nigeria?

We shall see!

ruffhandu:
It is a lie bro, can even be done in less than 4 hours. Only number 2 and 3 will take the cleaner's effort. There are washing machines everywhere bro.

You spent 100k shopping? For how long will that last you till the next shopping sir? I like healthy debates.

I have a washing machine. I don't use it. It's stressful.
The lady does not use it either.

@Bolded
Sure. That's the calculation.

nairalanda1:
Except that we are not industrialized and exporting industrial goods and services but are resource dependent and to a large extent import dependent.

Because cost of production is high at the moment

Hopefully, when the refineries resume, the cost of production will come down

femi4:
Not huru yet

Reality is gradually setting in

Cut your losses and sell your dollars now

Earn dollars. Don't hoard it.

nairalanda1:
Well if you want a strong currency, you have to be an exporter of manufactured goods and services.

Otherwise anything you do is the equivalent of calling a rabbit a 🦄.

Weak currency actually favours exporters.

The dollar you earn gives you more Naira here

This is simply wishing the Nigerian state bad luck.

And I decree back to sender.

Piggggs will grunt to death if care is not taken.

Now that things are improving, this is the new point of wailing abi?

ruffhandu:
What is that that you bought that will cost a fortune in the UK? Are you converting to Naira to compare? If yes, did you also convert the salary to compare?

I don't see how the person cannot afford to hire someone to work 4 hrs a week to do house chores. The person will earn exactly what he himself earns per hour. If you have an 8-shift, and hire someone to work for you for 4 hrs, I no see anything difficult there.

One day per week is not equivalent to 4 hours here.
It definitely is more:
1. Clothes are washed.
2. The toilets are washed.
3. The floor is swept and mopped.
This will cost you your salary in UK if you hire someone.

Back to the shopping, I didn't do any conversion.
If I list what I bought here, if you were to buy similar in the UK, you will smell pepper.
Yet I spent just around 100k, maybe a little more, I am yet to ascertain the actual figure.
And the stuff is for the whole month including the Easter celebrations.

Imagine how much this will cost you in the UK

This will throw piggggs into terrible pains.

They've been grunting nonsense theories and ideas all over the thread.

The facts remain that there is no subsidy on the dollar and our forex reserve is increasing.

Birdbyrde440:
Banks must have sufficient $$ to cater for the fx needs of the population

'Needs' doesn't include hoarding and speculation.

Earn dollars. Don't hoard it.

Birdbyrde440:
In the mid air!

The era of just walking down the street to get dollar is gone!

Dalohad:
I am waiting to buy more dollars. Just like these politicians are protecting themselves. I have the right to protect my finances. I pray that oil dries up, so that natural selection can do it's job..

No be me spoil Nigeria. I no go follow una suffer wetin no concern me.

Where will you see the dollars to buy?

Day don break bro

Where do 80% of Lagosians live
To the dull*rds, this list is not about immigrants. It is about where indigenes of a state live.

ruffhandu:
But come to think of it, once a week visit can also be affordable to a man in UK. Allen Onyema is one of those who come to comfort Nigerians to remain in misery

For where
It will cost you your entire salary
There is NO misery here mehn
I just returned from shopping. What I bought will cost you a fortune in UK

fxexperts:
I reject it back to you too. You can keep saying all these rubbishes. but i cannot be paying a fellow human being 4k for a whole month of work. that is pure evil and definitely you might reap the same evil soon. haba i spend N2500 to pay a car wash person to watch my car per wash ooh, that is a job he can finish in less than an hour oh. 2-hour work that is more than 1month work for your maid. and the guy will work for you morning till night oo.. haba.. you wicked baba.

Are you deaf

The fellow works for only one day per week. And it's a side hustle for her.

Stop taking Panadol for another's headache. Od*!!!

Too bad! It's back now.
Piiggggs, everywhere you go

Piiigggs must come and grunt stupid comments

MT:
lol...sorry 1270 naiira I meant

Ok

Penguin2:
When I said in the other thread that buffoons have taken power in Nigeria, it seemed like I was just hating on Tinubu government but it’s the truth.

Or tell me what this particular policy is meant to achieve.

Explain it to me like I’m in nursery school.


In the end, what they will achieve is that banks come together and merge together so they can get the 500billion naira base capital. That’s how we will end up having about just 5 commercial banks remaining.

So, ultimately they will end up shrinking Nigerians’ choices and leaving us at the mercy of just few banks who will treat us as they like because our options are limited.

If you disagree with this, then tell me the advantages of this policy.

I’ll wait

Just shut up if you don't know what to say.

Now, the banks will be in a mad, desperate rush to have Naira thereby mopping up excess liquidity from the system.

The Naira will then appreciate!

MT:
Its a fact. I negotiated hard to change at 2700 naira and the mallam told me that he was taking risk self.

2700

Londerry:
If you make 2500 pounds monthly you can save 500 pounds without holidays or vacations . 500*12 = 6000, 6000* 1000 (worst case) is 6,000,000 naira savings yearly. How many 200k monthly can save 6,000,0000 yearly in Nigeria

Stop converting to Naira!!! 6,000 pounds is worth far less that NGN6m!!!

grandstar:
In which country are teachers building houses?

Where else if not Nigeria

Rajosh:
Shatu Garko a Muslim northerner from Kano state won the MBGN ( Most Beautiful Girl in Nigeria) pagent

She wore the hijab all through right

What

I hope aboooki muslims will now calm down

Nonsense!

Dollar is N1,265 on ByBit

OGwales:
Can you imagine we Nigerians, we are really unbelievable. Yes, when dollar increased it didn't take 24hours before people started adding price, now Dollar reduced the prices of things haven't reduced an inch. Later una go dey shout Tinubu.

Since I was born, I have never seen when the price of a commodity reduced after increased, not even pure water 💦

Thank you

Nigerians are savagely greedy

They sell old stock at the new rates in the market because of the very stupid argument that they need to restock when they are done selling

In actual fact, they cash out and don't really restock as much as they used to because the demand will definitely drop as the market reacts.

anyilalaz:
Custom duty has not step down.

Exactly!

The custom duty is now equivalent to the exchange rate.

That's why things are expensive

Before, it used to be 500-900