₦airaland Forum

uniquetechng:
At almost 50 years of age I don't comment on issues I know nothing of, I spend my time on Twitter where you get updates on what is really happening in Nigeria not nairaland where selected news are posted after three days.

Here is the link, the new was on nairaland front page two days ago too.
https://guardian.ng/news/kaduna-dangote-bua-refineries-may-source-crude-oil-from-abroad/

OfficialAPCNig:
Hot ke

As price of dollar fell, several people purchased and hold it with the hope the price will go up.

The more dollar falls, the more people will buy to hoard them. And sell once it goes up.

The only way Tinubu can deal with hoarders is true liberalisation. Every economist knows this, except Yoruba moslems.

To deal with this black market people, make it effortless for people to make USD payments with their Naira debit cards.

This will greatly reduce reliance on black market and virtual card services. To compete, these people will have no option than to align their rate near the official rate.

As a result, market forces will then determine the exchange rate, effectively floating the naira.

This is ABC.

You can't unify the exchange rate like the fraud claims he doing while people find it near impossible to access dollar from official channels.

Renewed Hope is a SCAM

uniquetechng:
Dangote refinery and even NNPCL are planning to source crude aboard, so how will the refinery help naira ?

saasala:
Well, that's the difference between you and I, the 8 milli is not my last card. Its just about 50% of what I have. If I wanted to risk it all, I would have put like 20 milli. And yes, I can leave it for as long as possible. Its been lying fallow for God-knows-when

sonofthunder:
🤣🤣🤣🤣🤣

nairalanda1:
Dangote refinery is not going to help the naira much. The currency would still be weak.

We need to do more than have one refinery or eight working. We still import stuff we can make at home...including electronics.

Until your APC government diversifes the economy, nothing will happen.

sonofthunder:
It's still not as simple as that from my point of view.


We need to up our production capacity so that local refiners don't deplete crude oil being exported. Even the Crude exports needs to go up.

We should be looking to produce as much as 3.5 million barrels/day for both export and local refineries.

nairalanda1:
Make more things at home, export more homemade products, see naira crash to N10 to one dollar.

jaxxy:
selling fuel to or kerosene to?

payaseriy:
in your village Abi ?

Ur papa dey hoard dollar ? Always pointing fingers wen it doesn't favor u and claiming genius when it favors u

jaxxy:
dangote who is looking for how to import crude oil for his refinery?

AroOkigbo:
Do you really believe Dangote refinery, after importing crude at international market price, will save the naira?
Dude is in business to make money, not some father Christmas.

uche87:
Written by Osahon George Osayimwen

ogododo:
If we dey produce for Naija, he for pay us. Look at Japan.

Ikaeniyan0:


E will never get back his #8 million as things dey go

Ikaeniyan0:
The CBN needs to clear some of the backlog again this week

Neckpresser101:
Na everyday this Una dollar dey crash go 1050


Propaganda doesn't run government

GreaterFuture:
Where did you buy it at less than 1k??
As at when you posted this at 4:25pm, it was well above 1k
So where did you buy yours at less than 1k?

Ikaeniyan0:
The funny thing is that inflation is always wiping off all the extra naira they make on hoarding dollars.

When price of dollar rise, cost of goods and services also rise.

saasala:
You don't get it. The idea is to stay above everyone else. If I leave the money in my bank account, it will keep losing its value due to inflation. If I buy dollar, it will rise to meet the inflation.

If you had purchased dollar with that 75k, it would be worth 200k, so you won't feel like you are paying extra. You are not losing and you're not gaining. You are staying afloat.

erico2k2:
OK

erico2k2:
Ok mayB I should tag EFCC U know your number is on it as well
Cos I actually really hate fraud.

erico2k2:
can you point to where I said I save £2k monthly? oh yeh see the foto with ur number up there or you want me to post more?

erico2k2:
You must be on some cheap shyte, The prime minister of the Uk Earns £164k so where on Earth you are getting your £552k from beats my imagination.SO in your wildest dream, everyone must list and post the houses they own on Nairaland This is childish and for the yahoo stuff you do online trying to pass it out as games you get from your sis, you are just talking outta ur backside,or You want me to post ur exact fraud here?