₦airaland Forum

this government they are fond of talking with both sides of their muoth;
1. Jonathan messed the economy
the blame has moved to the militants.
2. The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu said on Tuesday that the nation lost about $100 billion to militant attacks last year, which according to him has reduced foreign exchange revenue by the most in recent time and hinder the Central Bank of Nigeria from consistently servicing the economy with adequate forex.

In a separate but related news, Nigerian exports to India dropped by 54 percent in January, meaning Nigeria is losing about 60 percent of her oil’s monthly revenue going by current crude oil prices.
my question is this why did we vote for you is it no to correct the error, why then are we suffering mre than ever before.
God will save Nigeria.

OP go and tell this APC Govt that we are tired of this all the lies and propagadda.
The people are dieing of hunger, I have not had Light since 2 straight weeks in my house, I have been running my ohuse on Generators, and you are here posting about one house you cant tell the owner. pls spare all this and give Nigerians good governance as promise .
PLS WE ARE TIRED.

Hi,
May be you need to know some of the realities on ground.

1. CBN can not meet the demand for FX in Nigeria.
2. the locals rely on the black market to finance items they cannot do through the official window.
3. if you are travelling today how many banks in Nigera are currently selling PTA/BTA
4. When you dont meet demand for any commodity the consumers will source for alternative market/window.
5. whether they post info about black market rate or not the rate will always go high since CBN cannot meet the demand for dollars.
6. We need good economic team to take us of this mess and not te medicores we are having now.

Doyin2:
Stupid reportage!

The official market rate is N315 to the dollar.The volumes traded at this official market rate is far more than the illegal black market.

I just wonder why it is only in Nigeria useless journalists report illegal black market rates.


The media is a major part of the problems of this country.Availability of information is a key factor to any market success,legal or illegal.Once the information on the illegal black market rate is not readily available,the market would crash at once!

But unfortunately,the black market rate is always hitting the headlines.

What a country!

we have seen your CHANGE. pls allwo us to tell you how we feel about this change.
fuel has changed from 86 to 145
a pint of Garri has changed from 350 to 900
rice from 8500 to 19,000
dollars has changed from 215 to 498
AMAECHI, Fashola has changed moved from looters to Saints.
this is truly a big change, and thank you for the change.

Bubu always using Instectides to fight corruption in the senate and judiciary but uses deodorants to fight corruption in the executive. Bubu pls step aside in this matter and let Lawal come before the senate and defend himself. thank you.

HAVE YOU BLAMED JONATHAN TODAY?