₦airaland Forum

How did it start?

And tinubu is constructing coastal road from lagos to Calabar

Why can't increase salaries

Apc has started again

Why the government devalue nigeria and fail to increase salary of workers at the same time

Is he not still paying for Subsidy? It is unfortunate you people are still deceiving Nigerians.

Continue to deceive yourself. You people are killing nigeria

It's unfortunate that you have not realized that Nigerians are unable to see any good economic reform you are executing in nigeria. Since the first day you assumed office, the suffering of Nigerians have increased and without abating. You are running a government that has been adjudged as taking more from the people and giving them less. You accumulating money that would still be stolen by your government.

Sponsored by who? Apc is a curse to nigeria

I clearly envisaged this our predicament but I was ignored.

Has it brought people and investments? What is nigeria producing that she wants to export that warranted floating of the naira? Nigeria is running a monoeconomy based on crude. Floating naira was a reckless miscalculation of tinubu's government that has killed the naira and brought untold hardship to the citizenry. Anybody still supporting this government should be ashamed of his or herself.

PoliteActivist:
*Politeness*
It will bring in people and investments.
Don't you see US always accusing China of intentionally devaluing their currency?
Example, if Togo devalues their currency you'd be going there to buy stuff and vacations, but if they inflate their currency you won't go

Criminal government. Palliative is corruption on its own. Whom are they giving Palliative to?

Only government workers get palliative, how about others who are not employed in government offices. Selective enrichment

Clueless in the highest order. You dish out money without reliable parameters to account for it. Paying money for travelers amounts to giving people fish to eat without teaching them how to fish. Stop wasting our common wealth, it's not your personal fund

Can you show proof

World Bank is now the one running the administration of tinubu government.

Nigerians are too cool

Cbn should give update on the value of naira

Nigerians are held captive under tinubu and apc government. Tinubu and cbn should tell Nigerians what we have archived after they floated naira. It is unfortunate that tinubu has continued to deceive Nigerians. Other good countries of the world it not archive it by prayer alone but proper planning and budgeting. Many criminals are in charge of our government today. Tinubu is running nigeria for his personal gain

tesppidd:

Apc and tinubu embarked on free naira float that they knew nothing about. No sensible government will float its currency when you know you don't have sufficient fx inflow to manage it. If cbn fails to reverse its on naira, then it will continue to depreciate.

Continue to console yourself. Nigerians are now being held captive economically by the government of nigeria.

Evil party with out purpose

I have been saying it in as much as the government of nigeria has irrationally decided to float naira, we can wake up one day to see that official rate had gone to #2000. If they have sense let them stop naira float. This government lack ideas

Soludo is supporting the maladministration of tinubu and apc government in order to get clearance to rig his 2nd term in anambra state. If the cbn fails to stop the naira floating, the economy will continue to breed.

Teenaira:
If Obi is the president and also the CBN governor and you keep warehousing forex, Naira will continue to loose value. So it doesn’t really matter who the president or governor of CBN is.

You have been scammed by the fgn for you to be reasoning this way. The policy of the government is encouraging hoarders and speculators. I maintain that it was wrong for government to had floated naira without having sufficient fx to meet demand. And again the fx inflow of nigeria is not adequate to run a floating currency. Floating of currency means it can be devalued without prior notice and preparation.

It appears the government of nigeria is confused on how best to manage the country's fx. Since they floated naira it is clear to all that naira has continued to depreciate both on official and parallel markets.

The cbn needs to revisit its floating of naira as it appears nigeria does not have what it takes to float the naira. Floating of naira amounts to continuous devaluation of our currency without planning for it. It appears the cbn only obeys the order of the presidency without advising them on its likely consequences. It's unfortunate that the government of nigeria has continued to grossly mismanage the economy by embarking on hasty policies.

The central bank of nigeria should without delay discontinue the free floating of the naira. It is clear to all now that the policy can only continue to murder the naira. If proper research was done, the apc government should have known it was bound to fail because nigeria does not have the reciprocal fx inflow to maintain a free float of the naira.

It's unfortunate that Nigerians are silent on the truth. The EU report was a true reflection of what transpired in the 2023 election. Nigerians should be forever grateful to the EU report. I appreciate and honour them for speaking the truth. The apc government has held nigeria and Nigerians captive.

There is no difference between what we have now as democracy in nigeria and the military regime in carbon. It's unfortunate that political power has not returned to the people of nigeria via the ballot rather still resides with election riggers with vested interest. Nobody is against any Nigerian winning presidential election but the process should be made to be free and fair devoid of voter suppression and intimidation. Buhari selected his successor with the aid of state apparatus in order to conceal the atrocities of his government.

Nigeria will not be liberated until Nigerians are able to freely choose who can govern them well through the ballot.

There is no difference between what we have now as democracy and military regime in carbon. It's unfortunate that political powers have not returned to the people rather still resides with election riggers.

There's no democracy in nigeria. I can't blame the military if anything goes wrong.