₦airaland Forum

Doyin2:
This is mischief at its peak!Deliberately comparing official rate with parallel rate,wow!

For the lovers of truth,the Naira moved from an official rate of 0.724 in 1983,to an official rate of 0.894 in 1985.(source www.en.wikipedia.org)

The 1983 corresponding black market rate is not available,to compare with the 1985 figure of 1.7. But it would not be too far from say 1.6.

Obiagelli:
How much is the dollar in the parallel market to official rate today?

PhockPhockMan:
Wetin this one dey talk sef?

Obiagelli:
Thats why the mods should stop hiding my post. Where is Firefire

AreaFada2:
.

My brother I tire o. Immediately a long criticised PDP looter switches to APC (because he cunningly wants to get into a higher office via APC),

they start hailing the political prostitute as a progressive.

Biko tell me what is now suddenly progressive about someone like Atiku who was VP for good 8 years and looted with reckless abandon, founded own university as sitting VP. No national university founded or existing ones better funded in his time.

If by chance GEJ they call clueless should defect to APC, they will start hailing him as wise King Solomon.

Tribalism and sectarianism is a BIG PROBLEM in Nigeria.

datolee:
We must stop this culture of using external reserve to defend naira.. it isn't working, it never worked and will never work. Nothing stops GEJ from pegging naira to dollar exchange rate at 1 to 1... but at what cost?

Most youth won't ask the question because they have been told that davulation of naira is the worst thing ever without knowing that weak currency aids exportation (Though don't hold your breath on Nigeria government moving from import dependent country any time soon)

Collynzo9:
Learn to relax when issues beyond their brain capacity are being discussed.

erico2k2:
Yes exactly, and it even Sad young Vibrant youths will come out and say SIA BUHARI, he is more clueless than GEJ if you ask me, that man GMB can not define inflation and all its pointers.GEJ is not a saint but at the moment we are stuck with him cos APC failed us in the sense that they could not produce a credible challenge to PDP

datolee:
See it this way, The official exchange rate of naira to dollar according to CBN is 168 (selling) 167 (buying) as at december 18 2014..http://www.cenbank.org/rates/ExchRateByCurrency.asp

However, you and I know that, you cannot get this rate at any bank in Nigeria.. the price you get at the bank which is from 180 up is the parallel market (PM) which is the true value of naira

onatisi:
thank you bros,this has always been my point all politicians in nigeria are just a bunch of criminals .

Both apc and pdp politicians are crooks .

Let apc senators come out and tell nigerians what they have done with their huge constituency allowance, they collect the same outrageous ,criminal and murderous salaries as pdp senators and lawmakers but yet turn round to claim to be progressives.

I haven't heard it anywhere where apc law makers have kicked against the huge unwarranted monies they are collecting or even called for it to be reviewed downward even if it is just to pacify peoples feelings .

Nigerians need to wake up and see that all nigerian politicians are the same na only the caucus wey dem belong to dey different.

With the huge money rivers state gets monthly ,that state should be one of the best states in africa,how much will it cost to construct a durable road !

what about states investing solidly in state independent power project to cater for their states ,does it have to be fg alone?

what about developing tourist attractions and turning their states into investors haven !

I tire for nigerian politicians ooo

datolee:
It is a pity that we have been brainwashed to keep demanding more from the FG while the states and the Local government areas who are closer to the people are ignored. The worst of it all, they will donate the motorcycle as part of poverty eradication policy yet, the next day, they will ban the same motorcyles from operating in their states.

FastShipping:
Stu.pid OLODO! It is teeth. I have never seen it written as "teeths". Olodo!

Good for you Mr. Mathematician. Someone brought cooked up numbers and you expect me to believe him. Let him furnish the exchange rate under Shagari and under Buhari and let us deal with the numbers here. Some of you cannot just come here with cooked up number without links to back up your claims. 107% depreciation of naira under Buhari is a stretch.

Till you or the op can provide the real data between 1981 and 1985, I will be here...

erico2k2:
Non of the people vying seem fit, APC lost it when they presented GMB as their sole candidate, that's why they are going to lose,they should have brought someone fresh ohh I forgot,GMB has huge starch of money to spend than everybody else

OrlandoOwoh:
Datolee was disgraced last time by Barcanista.

theshadyexpress:
Mathematics is ur problem

I'm sure u even have problem counting ur teeths,u think I'm lying?try it first

Blockhead
GEJ till apc rodents pass mathematics

onatisi:
this is the problem of the nigerian economy which people are overlooking. all the 36 states of federation have no economic agenda on ground to make their state self sufficient and yet everyone put the blame on fg. What has state govs done with their allocations for 4 years? No tangible investment in the resources available in their states both human and solid .

datolee:
You are very correct...since the discovery of oil we have abandoned every other sector of the economy. Everybody economic plan is based on oil, oil and oil alone. I really do hope that oil price will keep falling until governments at levels sit up and face the reality of the day. The problem of Nigeria is not how much naira is exchanged to the dollar, but reducing our importation while developing other sectors of the economy.

datolee:
Very correct, as a matter of fact, before OBJ came in, the naira to dollar exchange rate was artificial and never the reality of the day. It is sad hearing people talking about when naira was 1 to 1 with dollar.

Malaysia Ringgit is falling, Russian rubble is falling.. oil price is falling yet we have pseudo economists telling us they will make naira at parity with dollars... we must be enlightened not to fall for their cheap lies.

The last time they were in power, The Naira lost much value than it has done under this government

FastShipping:
At least it wasn't $1 to 196 Naira under Buhari's watch.

Scatterboss:
Apologies for calling you paid, but your post is always like that of a paid devoted agent and [s]Idumose once said you guys stole ballot box for some politician in Lagos [/s] . Anyway, Thank you for admitting that PDP is a failed entity and GEJ has under performed. Why are you then supporting a failed entity? Anything is better than GEJ at the moment, we need a firm and no nonsense man at the center, i will rather go for a Buhari than the slowpoke at the center. We should try Buhari for 4 years, if he mess up then we vote for another person, till we get it right.

This same Lagos you want a change, is like a model to other states. You don't want change at the center but want in Lagos. Lmaooooo. The same Agbaje you are rooting for is a boy to Tinubu, he solely supply drugs to all general hospital in Lagos. We don't want anything PDP in SW, Eti Osa is my local government and my mum from Epe ( Lagosian both side), am comfortable with Fashola in Lag. Bode George is a no no no.....

Prodeegee:
I hope you'll be an evidence for us to snap...and I be there to snap it.

Scatterboss:
God bless you. You have a valid point, no matter what you say FireFire is a PDP agent [/b]and his mind is sealed, just stop wasting your time. Even if PDP present Satan, he will find a means to justify it. I don't know how he sleep at night, he want a change in Lagos but want GEJ to continue. Imagine the logic

Scatterboss, Happy Sunday.


For records:

[b]I am NOT PAID by ANYBODY

Firefire:
Liberation from godfatherism

Liberation from stealing our money and privatizing our common wealth (Alpha Beta, TVC, The Nation Newspaper, The Nation Airline etc.)

Liberation from one man dictation who rule in Kosofe, Mushin, Agege. Ikorodu, Badagry, Epe and the entire state.

Liberation from taking debt running into billions of naira (Bonds, Loans etc) despite the huge IGR and share from Federation account with little or nothing to show for it.

Liberation from one man placing his family members in ALL available position at the detriment of other good people of Lagos.

Liberation from running a secret cult like government, where they refused to domesticate Freedom of Information (FOI) bill, for Lagosians to ask question for the said progressive government.

Liberation from a party who never sees anything wrong in their own system but continue to castigate others.

Liberation from a lying party who increase LASU fee from 25,000NGN to 300,000NGN but reduce it back to 25,000NGN because election is coming with plan to increase again after winning election.

Liberation from a lying party who provided safety gears for Okada men prior to 2011 election but turns around to ban okada after winning the election, now they have relaxed the rule because election is coming again.

Liberation from party who can tell naked lies without fear of posterity, they promised 4th Mainland Bridge, they promised Leki-Epe Airport, and many more projects, where are the projects

Liberation from a party who make deafening media noises of achievement that is not comparative with the resources at their disposal.

Indeed, Lagos needs liberation and come February 2015, LAGOS SHALL BE DELIVERED.


Shalom

- Firefire

Obinoscopy:
Old man on suit