Franvincoop's Posts
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Note say even this State Police sef, for Kaduna na these same bandits dem go employ. bigiyaro: |
Bros abeg no vex. As a Muslim, have you been to the holy land yet? gracias124: |
This guy's no get sense. If na me, I go just bring those Mexicans take Dem go North, sign security deal with Bello Turji - payment for protection, NDLEA no go try am cuz even Army Generals dey die there. With the money we go dey pay Bello Turji, no more kidnapping for him, only security. We go mass produce 100 tons per day, in 5 years I go catch up Elon Musk. What a smart move ![]() |
Does foreign entities not determine the monetary policy in Nigeria? Does Nigeria trade in the naira? In what currency does Nigeria trade or take loans? Who does that benefit? The Naira is so useless as soon you get to a Nigerian land border. No sub Saharan African country is sovereign. Nigeria monetary policy under the CBN is influenced by Sai Baba - Baba Sope politics. It is this insertion of politics into monetary policy that has made investors to have more confidence in the CFA than the naira. Imagine Meffy the CBN governor in office buying a 100m naira form to contest a Presidential election in Nigeria. What more proof do we need to see that the CBN is a political weapon? Even if we Nigerians pretend not to see it, the world sees it. The average Nigerian does not care about the sovereignty of Nigeria when his savings are involved, na educated people dey check that side. Their main problem is that the exchange rate btw the dollar and the naira should be stable because any rise (sudden or brief) will trickle down right to even the cost of toothpicks in a heavily import dependent country like Nigeria. An average Burkinabe for decades, wakes up every morning and knows that the exchange rate is not something to check on a website, there are no electric signposts and billboards advertising exchange rates, yesterday was the same as yesterday and is the same as tomorrow. 655/656 Cfa to Euro. If given away my sovereignty to keep the value of my money away from my fellow educated thieving compatriots - politicians, then it is a price worth paying because in Nigeria - who refused to pay that price, the experience there is really paranormal because you imagine minimum wage in 2011 was 18k/115$ in 2019 was 35k/84$ and today 70k/52$. Is this not voodoo economics? The more the naira increases the dollar reduces, who is chasing who? Within this same period of time, CFA did not step back even an inch, that's how the naira went from 1000 naira to 3000 CFA in 2011 to 1000 naira to 1600 CFA in 2019 to 1000 naira to 400 cfa today. From +3000 to -400, from 1:3 to 1:1.6 to 1:0.4 na crash be that ooo Let Nigeria keep holding onto that sovereignty argument being parroted by politicians while they annihilate life savings of fellow Nigerians and their investments. If I were President of Nigeria, I would only want to be remembered for doing 2 things: OPEC is gone Naira is gone - CFA now lawani: |
The choice is not yours to make. CFA is pegged to the Euro. Cfa to Euro exchange rate has been the same for the past 20 years, in those same 20 years naira to Euro exchange rate has summersaulted. Do you think the President of Senegal can wake up one day and decide to devalue the CFA? No, the money belongs to the community. CFA means African Financial Community. BCEAO is the Central Bank for 8 countries all ECOWAS members. A decision to devalue the CFA vis a vis the Euro would be subject to a vote by the 8 member countries representative in the Bank. In case you don't know there are 2 cfa - XOF and XAF. I used to think like you a few years ago but I finally understood why 8 countries would choose to use 1 Central Bank and peg their money to the Euro. When they were pegged to the French franc there was a very real threat of manipulation as occured when Sekou Toure opted to leave the CFA franc and create the Guinean franc - read Operation Persil. Today due to the political instability in West Africa having a monetary policy without influence of local politicians is a safeguard against economic collapse even during a civil war like in Ivory Coast or via the numerous coups in Burkina, Mali, Guinea and Niger, Desspite these coups, the economy is still standing strong because of BCEAO. Can you imagine what would happen to people's savings in Nigeria is there was a coup or war broke out and the CBN is looted? Even now, the political influence from Buhari ordering Meffy to print and loan to the government through ways and means to Tinubu devaluing the naira shows that these guys are smarter than us. The devaluation of the naira decimated the middle class, made savings worth less than the paper it is printed on and created galloping inflation in which 100 naira can't be used again for transport fee. Unfortunately I cannot entrust my money to Nigerian or African politicians, that is why they went the BCEAO route and who is benefiting today? Who is crying that fuel is being smuggled out of Nigeria? How come Niger can comfortably afford Nigerian fuel with or without subsidy but Nigerians can't? How come Niger a poor sandy desert country with numerous coups and political instability is using a currency in 2026 that has atleast 2 times more value than the naira? How come? During GEJ time was fuel not being smuggled? Who should a bag of rice cost 27k cfa in 2015 still be 27k cfa in 2026 but it cost 9k naira in 2015 but 90 k naira in 2024? The same 50 kg bag of rice. How can Niger be paying minimum wage of 100k naira and Nigeria paying 70k? How many billionaires did Buhari created via BDC during his time? Where is that billionaire the former recharge card seller? I can bore you all day with the benefits if you pretend not to know or maybe you don't know. NB: I am using just Niger, one of the poorest, if I should use Senegal, Gabon, Ivory Coast or Equatorial Guinea, you would know how much politics has damaged the naira, the CBN and the Nigerian economy as it's politics that drives the monetary policy of Nigeria, nothing else. It would be best for us to dump the naira and use the CFA so we remove politics from finance. For the past 20 years citizens using the CFA know the Euro to CFA rate is 655-656 CFA per Euro but in Nigeria you have speculators, BDC, politically connected persons receiving Forex at preferential rates, naira rates fluctuating like the tide and the President can decide whatever value he wants to ascribe to our savings in the bank. What investment climate is this? All the above are not possible with the CFA franc, Senegal and Niger are the same and equal before the CFA, it does not matter who has a higher growth rate or GDP. We are all equal and that's real African unity. lawani: |
Is it not better for a foreign entity to determine the value of the naira with benefits than for Baba Sope politics to determine the value without benefits? lawani: |
90+15 minute things cuz election dey next year. He had 3 years to do this but only waited till extra time. If una like collect okpa and jellof, gala and malt or expired Ekiti bread, na 2030 dem go share the next batch so make sure the food go last till then cuz the 2nd coming of Tinubu go dey like Rehoboam |
Even flower bed im no get Drfernandez: |
Multi choice does not belong to SA Nackzy: |
Una fit kill person for this nairaland I swear ![]() Like seriously you dey ask am whether na im picture dey for 1000 Naira note? ![]() Usmanovic95: |
Me Ghanaman, abeg I never ever go Ghana. Which part of wetin I talk no be true? We fit compare even organization with Ghana? Like coordination Minister of Sports+Federation+national team? We go hearsay Dem don chop players money, Dem go rent them 3rd class hotel, emm the AirNigeria plane wey dem charter for the team don spoil or it dey delay, wetin you never hear? Super Eagles now Super Chickens lack organization full stop. If na talent, football talent na water for 9ja both home and away, ask yourself say with all the talent wey full ground, wetin go make 250 million plus people no fit choose their best 26 qualify go world cup meanwhile Cape Verde of just 500,000 people go choose their best 26 players qualify go World cup? When was the last time Nigerian champion don win any trophy for CAF or Champions League? Last year champion don just drop go second division this year and you dey call me Ghanaman. Ok oo sorry If dis country be dey abnormal, anytime World Cup dey, any country wey get badluck slice enter Nigeria qualifying group just gats know and believe in advance say dem no go qualify for World cup from the day the draw is made. AFCON suppose be na back to back like 5 times. But Nigeria is paranormal. 2RightHands1Coc: |
MAKE UNA SEE ME SEE WAHALA OOO, MAKE I ANSWER YOU AS WHO? NA ME DEY HELP YOU KNACK YOUR WIFE? ABI NA DNA TEST RESULT DEY WORRY YOU? IF YOU DON FAIL FOR LIFE NAIRALAND NO BE STRESS RELIEVER, GO CHURCH. JUST CARRY YOUR ENERGY RETURN BACK TO MY 1ST COMMENT, THEN READ AM AGAIN, THEN JUMP AND PASS, MAKE YOUR OWN COMMENT WITHOUT QUOTING OR MENTIONING ME, THEN I MIGHT ANSWER YOUR QUESTION, AWON INSIDE WORSHIPPERS Kushites: |
Bros, e just remain small sauce with hot Cameroon pepper, that kind sauce wey Dem fry the pepper with oil, onions, garlic and dried tomatoes. I go just dey soak shinkafa inside that hot sauce with my right hand chuck for mouth, then head bite the meat with my left hand. Nobody go tell my mother in law to bring more and add more sauce. Who remember that Ukwa and Sam loco movie wey in-laws come visit them infact the son of the Governor come visit them, them bring yam and oil b4 Dem wan bring water to wash hand, food don finish? B4 Dem wan pray finish talk Amen, bottle of schnapps don finish? Abeg who fit help me with title or YouTube link to that film? ![]() IamAtAnger: |
Even Ronaldo pikin know say Messi na the GOAT. Even Ronaldo himself know say Messi na the GOAT. But they are both World Class Players. |
E enter abi e no enter? YOU CAN'T BE A WORLD CLASS PLAYER IF YOU DON'T PLAY AT A WORLD CUP. NA WORLD CUP OOO, WORLD CUP, CUP OF THE WORLD. No be WAFU CUP. WORLD DEY INSIDE THE NAME OF THE CUP. EVEN 2030 NIGERIA NO GO QUALIFY, NA 2034 NIGERIA MIGHT QUALIFY. CHECK MY COMMENTS, I BE TALK AM SINCE QATAR SAY NIGERIA NO GO SMELL 2026 USA. YOU NO FIT CLAIM SAY YOU BE WORLD CLASS WEY YOU NO PLAY WORLD CUP. WHERE YOU WAN THIEF THE WORLD TO JOIN AM FOR THE CLASS WEY YOU NO PLAY WORLD CUP, THE WHOLE WORLD NO SEE YOU. MUMU YOU DEY THINKSAY BECAUSE YOU DEY PLAY FOR PSG, THE WHOLE WORLD KNOW YOU, NA LIE. NO BE EVERYBODY DEY WATCH CHAMPIONS LEAGUE OO EVEN THE FINAL, BUT YOU SEE WORLD CUP - THE WHOLE HAITI, CURACAO, JORDAN, PANAMA, THE WHOLE WORLD EVEN FOR JUPITER, MARS, PLUTO AND HELLFIRE DEY WATCH AM, INCLUDING YOU WEY NO QUALIFY AND WEY NO GO STILL QUALIFY FOR NEXT EDITION. MAKE I SHOCK YOU, CAPE VERDE AND GHANA NO QUALIFY FOR LAST AFCON OOO, MAYBE YOU NO KNOW BUT THEM QUALIFY FOR WORLD CUP, WHILE NIGERIA DEY CHASE TERMITES, DEM DEY CHASE ELEPHANT. YOUR PAINS DEY GIVE ME JOY MR. SUPERIORITY COMPLEX, NO1 SUPPORTER OF THE SUPER CHICKENS OF NIGERIA. Kushites: |
When was the last time you watched the Super chickens at a World Cup? Ghana don reach QF for World Cup. All Nigeria players dead or alive never ever play match for QF for World cup. Ghana get AFCON pass Nigeria. Should I continue? How you want take Nigeria compare Ghana for soccer? How? When Ghanaians dey talk about soccer abeg Nigeria need for maintain perfect silence, I mean perfect tranquility. Na Cape Verde dey world cup, Cape Verde wey no reach Ikotun u dey hear dey yarn ammonia. Why you dey watch Ghana, why no be Nigeria you dey watch? Just mark this comment, Rangers go drop next season like Remo. MP3GAGAdotCOM: |
To all una wey dey insults Ghana for dis thread. Just knowsay Osimhen no go ever play match for world cup till im kpai. To be a "World" Class player, you must play at a "World" Cup |
I don't know why but reading this news gives me joy and happiness and I can't explain it. I just find myself smiling while I write this abi na the weed wey I add for that ogbono soup? |
Resignation again? Instead of you to tell your people to stop collecting gala and malt, okpa and rice, expired Ekiti bread... and voting nonsense you are still talking about resignation. Please delete that word from your vocabulary as as far as Nigeria is concerned. We are in a zoo oga, not in Europe. The last Nigerian President who resigned was in the year 2960. Even when Yaradua lay like ukazi leaf in KSA, dem no gree am resign for GEJ to take over, talk less of Tinubu. Wait, u want context Bwala, stomach infrastructure Kayode, Shameless Reno, Natasha Akpabio, Wike drunkard and co to be jobless? Them go prefer Nigeria to burn down b4 Tinubu resign. franchasng: |
Dem no dey wake person wey dey pretend to sleep. Kalulu44: |
Your BVN dey scream Obi Obidient Obi Obidients Curious345: |
Beat your wife but don't beat an officer. Watery beans if you try beat officer. Drsnives: |
If you thinksay e easy, make defender mark Messi one on one, see whether red card and/or penalty no go comot. Messi no only know football, e know positioning Kalulu44: |
Cfa should be more valuable than the naira because it is pegged to the Euro through the French Treasury and is regulated by the BCEAO central bank of West Africa. The pegging of cfa to the Euro is why cfa is stable because the Euro is a very stable currency. The exchange rate for cfa to Euro has not changed even by 1 cent in the last 20 years. Naira is pegged to nothing, not the dollar not the Euro. Worse still, the CBN is political and Tinubu can wake up once morning like Buhari did and order Meffy to print more naira and add more color to the naira. In cfa and BCEAO, it's impossible because politics is not involved and the cfa and BCEAO belongs to multiple countries and not one country like Nigeria and CBN. VeeVeeMyLuv: |
They know as na Abraham born both of them but Dem dey vex say Christians come align with Jews pass dem. E dey like if Father Mbaka dey vex say Odumeje don collect all him customers ![]() Beautifulday: |
Mr.Subsidy no over explain. Quintus Varus give me back my legions were the legions annihilated by Arminius. That's if the guy knows Arminius cuz if he knows Arminius he would know that Germania barbarians existed b4 and after the Roman republic or empire. nairalanda1: |
Why did Obi not tell Buhari to resign? Why did Obi - lying machine, the copy and paste politician only wait for Starmer to resign before talking about it? You know, when they say you Obidients think scenarios in your head and just start celebrating, that's the truth. If not, how would you say Peter Obi will resign when Presidency is not written in his destiny? You are talking in future past tense oga. Igboman will never be even Gateman in Aso Rock. Did Obi resign when he messed up Anambra and was impeached as Governor for "gross misconduct"? Or na Yorubas impeach Obi? Whether you know Obi personally or not cannot cook an egg. You can never be Tinubu so don't ever say if I was Tinubu, the only way to remove Tinubu is to vote Obi in 2027 and hope he does not come 3rd. Wishing for a coup or begging for his resignation is like crying over spilled milk. How do you expect someone with 8.7 million votes to resign because your Obi says so or because you so wish it? Precedence kwa? Campaign promises ni? Integrity ko? Tinubu does not need your remembrance for such boldness and sincerity of purpose, keep it for your 3rd class Obi with his 3rd class degree and 3rd place in 2023. The good record you want Presidents to set with honorable exits, just wait till 2031 it's not far. When Fulani enter in 2031, go yarn this ammonia gas then but for now it's Tinubu till 2031. You guys are already begging when campaign never start. Una no fit win Tinubu again? You guys have moved from coup to Trump to resignation? What your next move? I even want Tinubu to do 3rd term cuz I wan make una get piles for eye. franchasng: |
If you want an Igbo president in your lifetime unfortunately that's never gonna happen. Why? 1. Tribalism taken too far with Igbos, from 2023 elections, results showed that SE voted for their tribal candidate more than any zone. 2. Refusal to be VP before President, that blunder called "Obi or nothing" campaign in ADC exposed the hubris Achebe talked about and will cost Igbos any path to Aso Rock. Osinbajo was VP as Yoruba before Tinubu emerged as President, GEJ was VP before becoming President. How igbos hope to teleport from Dickson parlour to Aso Rock is reflective of the saying that Obidients just imagine a scenario in their head and start celebrating. 3. SE will have to beg SS and SW to stand down before they can emerge even as President or VP because SE votes are inconsequential in becoming President in Nigeria. Buhari used a SE candidate twice and never won, Atiku has used SE candidate twice and never won. What does that say about SE? 4. Igbos and Obi foolish believe in a Southern turn. This belief is unconstitutional and has no benefits to the Igbo man. In the conquest of power, you follow only legality and forget morality cuz politics is a dirty game. That is how a Mumu ticket used by Tinubu won cuz it's legal but immoral. As an Igboman who believe in a Southern and Northern turn, South has SW and SS and SE. SW has had Two Presidents and 1 VP, SS has had 1 President and 1 VP. Meanwhile SE has not had even a Gateman in Aso Rock and they are the ones shouting the highest that it's Southern turn. Atiku made it clear in the 2023 PDP Presidential primaries that he would step down only if the Presidency was zoned to the South East specifically and Wike and others refused. The foolishness of the Igboman is wanting zoning to South meanwhile once in South, the opportunity will never get to him should be studied in Harvard, that's self sabotage and they don't even see it. SS and SW will clap for SE when it's shouting ZONING because they know when food don land, even bone SE no go see. 5. IPOB disguised as Obedients. The worst form of deception is self deception. Their hypocrisy and gullibility can make a blind man see. Imagine them celebrating Trump who planned to sanction Kwankwaso and then see the 360 they did when a few months later OBI chose Kwankwaso as running mate, same Kwankwaso who called them Andrew Liver salt in 2023, same Kwankwaso in 2023 who said he cannot campaign for an Igboman in the North because of the killing of Ahmadu Bello and their need for Biafra. Kwankwaso who ran in 2023 when Obidients say it is a Southern turn, ok oo. Their flipflopping is legendary like a professional hopscotch player. Let me tell you how bad it is for an Igbo presidency in Nigeria. Even if APC today with all their national structure decides to zone the Presidency to the South East, I can tell you for free that the internal sabotage within same APC will make what happened to GEJ in 2027 look like toy story. DrTee1: |


