₦airaland Forum

zero8zero:
Sit down and learn, emotional bullcrap does not run an economy as complex as Nigeria.

Ask yourself how did fuels subsidy removal save Nigeria from Bankruptcy?

It wiped out over 200 billion dollars from the economy , it's was a costly mistake, the most costly mistake that will take 30 years to recover from

Nigeria needs this kind of deal but Tinubu is out there playing video and seek with Trump instead using that Lebanese man to penetrate Trump ...Trump is actually a soft man if you show him you mean well fir America

aribisala0:
I did not mention Tinubu
Tinubu never came up
My statement was specific
I don't have a directory of who is here and when they arrived and you do not
I am sure you do not
Your 2014 analysis is ignorant and irrelevant

You are just guessing and do not know what you are talking about
The exchange rate is one factor in a multifactorial equation
If I invest in production for export of processed cashews, fertilizer etc I am likely to thrive

Nigerian non oil exports are at a record level .
FACT CHECK
No doubt the exchange rate makes Nigerian goods very attractive

For the full year of 2024, non‑oil exports were valued at about US$ 5.45 billion (or US$ 5.46 billion) — a year‑on‑year increase of ~20.7 % compared to 2023.
Nairametrics
+2
The Guardian Nigeria
+2

In the first quarter (Q1) of 2025, non‑oil exports reached about US$ 1.791 billion, up ~24.8 % compared to the same period in 2024.
Nairametrics
+1

In the first half (H1) of 2025, non‑oil exports reached around US$ 3.225 billion, up ~19.6 % compared to H1 of 2024.
Nairametrics
Business Post Nigeria

There is no single proof the poor exchange helps non oil export , if it was so Nigeria and Malawi will be in the top 10 non oil export but they are not and we would be the top destination for FDI but we are not ...You people keep saying Turning naira into tissue paper will help the economy but that's the blantant lie because no data anywhere on earth to support that , the top 20 economies on earth don't have heavily devalued money , Nigeria economy performed better in all metric when Naira was 160 to a dollar than when it became 1600 to a dollar including non oil export

I have furnished you below non oil export figures from 2015 to 2024 and also furnished FDI statement from 2010 to 2015 to buttress my point that the Tinubu govt has not done anything spectacular by devaluing our currency by points but rather made Nigeria one of the poorest places on earth and wiped out a freaking 200bn dollars from our GDP for no just cause

Jennyclay:
Men display their real character as soon as they get married.

She must have discovered some certain things the man lied about and she won’t be able to cope reason she call it a quit

Men can lie, Jesus Christ!!
It could take years and months before a lady can notice a man have been lying to her

I’m glad it took her just weeks to discover in this case.

You mean your brothers lie ?

aribisala0:
Devaluation does not mean what you say it means
The logic and reasoning is just wrong
It is based on baseless assertions

The upstream sector is not the only possibility in Nigeria
There are thousands of Chinese and *Indians in Nigeria they are not in oil
Medium businesses are present in many non oil sectors
So stop making sweeping generalisation and assertions

DSTV,MTN, , Stanbic, Olam ,Guinness, Nigerian Breweries, Nestle,British Airways, Julius Berger,Lafarge, Opay,are all making money in Nigeria

Go to the Free Trade zone, Go to Ogun state

The Chinese and Indians you talk off were already here before Tinubus policies ruined the Naira ..

In 2014 if I invest one million dollars I would only need to sell 1.6 million units of something that cost 100 Naira to make back my 1 million dollars , today that 100 Naira product will cost 1000 Naira and I will need to sell 16million units at 1000 naira to get back 1 million dollar investment , that's 16 times more work ...any business that requires Naira payment wouldn't be able to pay back any FDI except its export based that eventually earns in dollars ...

Not just the debt profile , the devaluation of the Naira means no investor can recover back his dollar investment in good time except it's in the upstream oil sector , to get one dollar back he will need to earn 1500 Naira ..thats 1500 times one naira before he can recoup one dollar

Fact , she has to take drugs to be able to accept him daily

Mogajunior:
Don't make statements if you have no knowledge about how these things work.

You don't know anything about Nigerian military than I do , infact you can't talk of Nigerian military without mentioning my bloodline , we have a lot of first there including participation in some of the best coups that ever happened in this country but that's in the past now ...

1Alex:
and you think they are the only ones involved?

You see those 3 units I mentioned, Tinubu that's I know would have locked them down with his loyalists ..Brigades of Guards alone will crush any coup in Abuja within hours

Kobojunkie:
Nonsense! They are constantly having disagreements, meaning those kids are literally being subjected to all that toxicity living under the same roof as the two.

Their divorce should be granted abeg, and the man should either take full custody of the children, at least until the woman is able to secure herself a place and money, or he should be given shared/joint custody — each has the children two weeks out of each month — and they can each shoulder raising the kids that way.

This one will always be pro divorce...one day you will tell the world what marriage did to you

Officers in the NSA office don't have what it takes to execute a coup..

You willl need the support of

Abuja Garrison

Brigade of guards


1 Div .

NSA boys don't have that kind of reach

She has been looking for ways to escape that marriage na so I am not surprised

And Tinubu is known for escalating it !!!!!

No serious person discusses trade surplus in Naira if not a deceptive person . International trade is done in dollars not Naira so show this in Dollar

.well 5.7 trillion Naira is 3.8 billion dollars which is far less than what Jonathan was getting as surplus per quarter ..

Well I have taken the liberty to draw up Nigerias trade surplus of the last 15 years so you see that Tinubu is one of the worst performers

Kayberg:
Why did he go to the US instead of going to an Arabian country…?

You dey mind them

Tinubu better cut off this lowlife ASAP

She is definitely not your spec

This is why we say always marry your sexual spec

E53. Though ..nice gesture , I love that this chief priest character always buys brand new cars

ARISHEM:
And you agree with the police that he should be prosecuted as an armed robber

If he is around Chisco then he is a Robber trust me , if you car spoil there at night then you will know how dangerous those criminals at Chisco are

He is lying , he must have robbed her , all those boys around Chisco are every deadly and wicked if you have a vehicle break down there

APC is happening , APC is happening

Another round of lobbying , this man is Trump's inlaw

I will never understand women ...you left your husband over a speculation only to want to be second wife to an older man?

Ask for yourself ,apart from lies and fake propaganda what has Tinubu actually done to grow an economy? Absolutely nothing

London has become an Islamist haven

Commentor:
Alaroye has more readers than New York Post.

5 million social media followers

240k daily print circulation

400 million monthly impressions


You still think Alaroye is bigger ?

Lol

Go through my posts before 2019 elections I always predicted this will happen if Buhari is allowed to get second term ...and again I warn if Tinubu gets 2nd term , Nigerians economy will never again recover till the eventual break up into southern and Northern Nigeria which i predict will happen in 20 years

Fraud in progress ...if you think this guy has the ability to give you free and fair elections then I pity you

Dude is a gay guy so I believe they are just friends