₦airaland Forum

afube:
You guys do not know who Ndigbo are.......you guys are about to find out in 3D....! Tell Tinubu to stop persecuting True isreal!

Il$ is gonna hit 5k if care is not taken
But Igbo is our problem

Wahala be like bicycle

ysth:
you just mentioned common Nigerians who don't have another means to survive but decide to import, travel oversees for education because the political class have destroyed the means of survival, rendered our local education useless, made importation of machinery very very expensive. If the politicians weren't stealing the money but allowed the monies to be given to manufactures and business as loan at little interest, then you will have the justification to say all you are saying. But when a not so rich business man or manufacturer cant access huge loans at very little interest to import tractors, machinery, raw materials for production here. You have to blame the government not the citizens for the failure.

Na wa

Abagworo:
Nigeria needs birth control. People should be banned from having more than 2 children so that our population growth stays around 1% for 30 years and we achieve a slghtly aged population.

Learner247:
$1 is actually equal to about 120,000 Cedis if you factor in the fact that 4 zeros were wiped away from the old Cedis to arrive at the current one some years ago.

Who is stopping you from adding and removing 5 zeros?

successmatters:
Yes, that's how to win favors in Nigeria

Unfortunately
And the economy is sinking before their eyes

This government will favor me

Defenders of emilokan government

Oya food don land

E choke

pongwa:
i wont join issues with you but check the bolded. It is what concerns us. Dollar rise is just a function of market forces of supply and demand. The crazy thing is the artificial scarcity caused by some greedy and backward players thereby pushing for a higher price due to increased demand.

See how we're defending $ at 1200
But we campaigned against GEJ at 200

This government will favor me

Iriruaga100:
How many Ghanaians get GHC12000 for their account? If you didn’t know something seek proper education. Ghana is the most expensive country in Africa to live in right now. The good thing you enjoy in Ghana is stable electricity and security. You can visit Ghana for one month and compare the cost of living with that of Nigeria. Every of your ignorance go clear!

$1k is 1.2million naira

But since many Americans don't have $1k in their accounts , it means naira is doing better than dollars

Agbado economics

successmatters:
It's not affecting bat supporters, they have an id card that makes them pay less money. It's only Obidients that suffer.

This government will favor me

1million naira now is about 12k Ghana Cedis

soojar:
In Economics there is what we call nominal value and real value. Try to find out about the 2 and then we can discuss your "Agbado Economics"


We learn every day

Agbado economics

We voted out GEJ because dollar was 200naira
But we're defending same dollar at 1200

This government will favor me

complexstuffs:
Ignorant IPOB cannibals everywhere

Did you find out how Ghana changed their denomination before coming online to disgrace your generation?

We voted out GEJ because dollar rose to 200
Now we're defending 1200

This government will favor me

Ttalk:
I thought you read the whole story abi na the part you will use to latch him you extract?

When it comes to the economy I expect many of you who claim to be educated to be objective and push ethnicity and your political affiliation aside because the economy affects everyone.

You import virtually everything and you expect your currency to appreciate against the dollar.

Fuel import constitute a major drain on limited forex and you wonder why the past government could not build a functioning refinery for 22years but screaming to high heaven for someone who spent six months to do the wonders that couldn't be done in the past 22years

But we voted GEJ out because dollar got to 200

Now we're defending 1200

What a time to be alive

soojar:
Are we talking about another currency now? or still on the same Ghana/Naira comparison?



We learn every day

Everything you said about Ghana currency also applies to dollars too.
So naira is better than dollar

soojar:
I am in Ghana as I speak to you. What my 1million naira will buy me in Nigeria, is about what 17 to 18k Ghana Cedis will buy me here. Start from fuel, to hotel, to food, etc.

Naira is losing value no doubt, but just correcting the picture of comparison you are trying to paint between Naira and Cedis. Maybe you try the comparison with another currency I don't know anything about, and then I will reserve my comment.



We learn every day.

Same in US. What 1 million naira can buy is the same as what 1000 can buy

So naira is eveb doing better than dollar

Agbado economics

soojar:
I am in Ghana as I speak to you. What my 1million naira will buy me in Nigeria, is about what 17 to 18k Ghana Cedis will buy me here. Start from fuel, to hotel, to food, etc.

Naira is losing value no doubt, but just correcting the picture of comparison you are trying to paint between Naira and Cedis. Maybe you try the comparison with another currency I don't know anything about, and then I will reserve my comment.



We learn every day.

You need 1million for 12k Ghana Cedis or not?

Ttalk:
Is he borrowing to defend Naira?

What exactly is he borrowing for?
To defend fuel?

Ttalk:
The more you talk on the economy the more you sound stupid.

Borrowing to defend the naira by Buhari when Nigeria's economy is import-dependent was the best thing? Many of you are simply lazy and mentally

Tinubu is borrowing too

That's whT makes it worse actually

Money we no see, dollar high, fuel high

Yet borrowing

We miss Buhari

Khyrvxjzy:
no ibo man will be president

Gbam

My emilokan brother is the president

It will favor me at $1 equals 10k naira

MrEverest:
If things continue deteriorating like this, Nigerians will eventually force Tinubu out and replace him with Peter Obi

Nooooo

Peter Obi is not their cleaner to come and clean up their mess
They made the mess, and the mess they've made is already too much

See Seuns prediction yesterday when dollar never even reach 1100

Ttalk:
You didn't know Ghana redenominate its currency

So na that one we wan take console ourselves?

Did they stop us from redenomiating our own?


Dollar bubu was managing to keep at 700
E reach Emilokan,dollar is roughly 1200 within 5 months

Seun has this to say

Emilokan government will favor me

1 million naira now is about 12k Ghana Cedis

Na now thus exchange rate pain me

Ghana is laughing at us

Government of turn by turn won't let us progress

Tears As Ghana Cedis Topples Naira With High Margin

1million naira is now less than 20k in Ghana currency

This government will favor me

soojar:
I think you are quoting the wrong person sir.

But if it's the comment I made above you are referring to, then I will say I just gave you the exact picture of things as I do business in both Ghana and Nigeria and I deal in both currencies daily.


We learn every day.

After all said and done
When you're ready to enter Ghana, you need 1 million naira just to get around 12k Ghana Cedis

Na d Kokomo be that

mightyhaze:
Terrible



Worst is that it gets worse by the day.. What the govt of the day saw to do is add 35 dollars..instead of arresting the tide of inflation. What can 65k do in this present economy?

65k can just buy a bag of rice and some ingredients
That's it

pongwa:
you are making progress really.

Of course

DatNiggaDaz:
Nigerians don't deserve this emilokan fraudsters...pity, no pity .

Sense must fall on some Nigerians

It's well o

Na Ghana own dey pain me pass

kk2027:
Even if minimum wage becomes 1 million, an average family is still earning less that $1k monthly

1million naira right now is about 12k Ghana Cedis

This government will favor me

Na the bold pain me pass