₦airaland Forum

lrman:
Not just the naira...major currencies all over the world do the same thing....forex traders all over the world knows all these things...make una rest..nothing is un-natural about the falling of the currency of your country that is totally import depended.....early 1990s , dollar was not even up to 100naira...boom it entered 400naira...this is not the first time naira is falling so fast.. it has happened several times before...it is just that the economy was not as bad as it is now...

Please don’t bring your tribal polictics here..

Nair is declining very hard..

The other countries your are tally about only loose 1 - 10 percent of the value of their currency not 100 - 300 percent..

Stop supporting evil, cos Tinubu is from ya tribe.. He caused all this by floating the Naira without proper research and consultation..

Good luck to everyone..

Don’t be carried away, protect your capital..

Take profit when due..

Use stop loss..

Sometimes stop loss Dey fail…

Be careful…


Make that money..

Must of u guys here are simps..


Spits!

Na only simps go remove am..

The moment him remove he becomes nothing in the eyes of the new wife.. His value will diminish..

Many of you don’t understand the F gender.. When it comes with dealing with F gender your must be highly manipulative..

If he keeps the late wife’s pics, the new wife will be very loyal and she will respect him in her heart..

If he simps, she will show him her devilish side..

He shud warn her neva to repeat that nonsense agian…

KingCold:
Don't care about Hamas or Julius Malema for that matter, I'm saying emancipate yourselves from the coon mentality y'all got going over there. White people are flesh and blood, your worship for them is embarrassing

I want to ask you a
Question: What’s your religion?

Me I have destroyed that colonial mentality since..

I’m more principled..

I have come to realize life can never be equal..

There must be a victor and vanquish..

Na so life be..

Israel and Palestine should sought their problems out..

Black Fools…

Who Palestine epp?

What have they done for Africa..

Ever since we gain independence na only Canada Nigerian youths done benefit from..

Nawa!

KingCold:
You should be emancipating your mental slavery

But na foolish talk Julius M Dey talk so na..
Upon all the problems in SA, na Hamas be him problems.

How will harming Hamas bring progress to SA…

As some one stated earlier na d white economy they help them..

Africans are too emotional and don’t use wisdom..

What has Paskitan done for SA?

We’re was Paslistine during the SA apartheid..

JM is a black fool..

PHAYOL81:
It's a phase and it shall pass soonest. His loss will,be regained in multiple folds, AAMEEN.

Through your Glo subs.


And fuel..

U no well!

qtguru:
Not to take sides, but Blackmentor has a point, a WhatsApp Chrome extension actually makes sense, and I have seen tons of gigs like this on Upworks, @LikeAKing it's really beginner level, the idea he gave is more practical.

Like I said no offense, Tech is becoming harder so we have to push each other's skills.

This is an old project..

Years ago when I was learning coding…

Very old, I have passed this level..

I don’t do chrome stuffs..

I have no passion for it..

I build real world apps.

The idea he gave is not until, even a baby can give such an idea..

peacettw:
**After wising up.. Soludo is definitely doing well

Then don’t ever complain about Tinubu…

Case closed..

Infojames:
And they does not have the power to make the country rich ? Or help Nigeria's insecurity

How will they make the country rich..

Poverty is an African problem, because we are till tying to adapt to the modern realities of the world.

How many of know our talents, skills, etc..

How many of us have real skills that can fetch is money..

How many of us know how to use our brains?

How he carry be our problem?

Wetin concern us?

Calitoscassius:
I wonder what they are learning in such schools, if schooling is not in England, America, France or Germany it is not schooling.

Correct!

Nigerian parents just wasting their funds..

pyyxxaro:
If nor be say this Country na jungle , Wetin person go find go Philippine on a good day


Mmmsshheeewww Pro max

Philippines too na bigger jungle..

We just love to go foreign..


Naija major problem na hyper inflation and useless corrupt government.

Birdbyrde440:
Any President that tries this will die before 48hrs.
Gaddafi is a case study.

Our problems plenty….

peacettw:
On that note, he is doing relatively well

No governor in Naija is doing well..

If you say Soludo is doing well, Tinubu is also doing well..


You guys are all into tribal politics and too emotional at the expensive of your happiness and success..

Make una wise up..

Acidosis:
You want the likes of Glo, Dangote, UBA, Firstbank, Flutterwave, etc. to operate across Africa, even London and U.S., but you don't want Netflix to operate in Naija?

Ordinary UBA operates in more than 15 countries, including France, UK, and the US. yet that hasn't stopped the US. economy from growing..

The operations of MNEs in your country isn't the reason the economy is so bad. Do not allow the useless drug dealers in power make a mess of your education.

Nigeria had more Multinational companies during the days of Jonathan. If low MNE operations promotes economic development, then Nigeria should have gotten better since the exit of several MNEs in the last 8 years. Shoprite never run? Procter & Gamble never run? Framan Industries never run? So why hasn't your economy improved since their exit?

We need to create a policy in this country that permits the withdrawal of people's certificate.

That’s not my point..

I don’t support most of Ben Bruce’s narrative.

peacettw:
Soludo is trying his best

Trying is best no Dey for government..

His either he gets it right or not..

No trail for governance..

Make una Dey truthful..

Don’t love policticians more than you love ya self..

amSTARboy:
I knew you must add Soludo. Obviously you are not in tune with what is happening in Anambra State. When last did you hear about kidnapping?… employed 5000 teachers…. Empowerment of 5000 youths (training and funding)…. Road constructions all over the 21 LGA’s…. 25Million choose your project in each community annually…. Still people like you would not pay tax but expect magic to happen….


Onye mgbu

You call all these nonesense achievements?

How has all these nonesense by Soludo help your life?


How has it reduced poverty and crime in the state?

When last did you hear about kidnapping in Anambra. This your question no make sense at all..

So the families of the kidnapped go Dey announce radio..


Make una talk with brain..


Everything Soludo has done for Anambra is watery and almost baseless..

He can do better with than this..

Won’t the government employ teachers bf?

You call that one achievement tooo..

Do you know how many soldiers and police, etc FG employees yearly?

Cruise777:




People who have projects ongoing , you think administration is about optics Allex Otti is doing up and down

Last Last people would count impactful projects locally not social media propaganda

If propaganda and social media noise can kill anybody Tinubu would be dead by now, from David Hudeyen, Rinu and FS Yusuf noise

But local people, real humans , old folks know impactful contribution of Tinubu


.

Abeg mention just one impactful contribution of Tinubu?

Or

Keep Quiet!

Goodvibes007:
What good and what profit is Ben Murray Bruce sending abroad? He is not into importing goods.The Senator has not been fingered in any Pandora case, neither is he buying up properties abroad like Atiku is doing in Dubai.

If you mean multinational CEOs like MTN, Nike, Coca Cola e.t.c well that's part of the message he is talking about.

How many of Ben Murray Bruce money is in Nigeria?

The rich always send their funds to foreign accounts cos of inflation..

Imagine leaving 100 billion Naira in Nigeria, by now the value will be like 40 billion..

The billionaire has lost 60 billion by now..

All the smart billionaires in Naija keep majority of their funds in overseas tax heavens..

Ben Murray Bruce can’t be innocent on this one..

drugBaronTINUBU:
u aint talking of quality services
MTN makes so much money because they are delivering.
i once used glo, but at a certain time, i became frustrated with their constant network failure. u will buy data and cant use it. i have to discard the line and switch all my lines to MTN and i have never regretted thus far

I am not against MTN. Even Glo also do the same..

Nigerian companies hedge their funds in foreign countries cos of inflation..

Even you will do the same..

No one like to loose money..

If you remember Emefile suspended companies in Naija from remitting funds…

Goodvibes007:
Ben Muray Bruce post more on how he has promoted Buy Nigerian..

Naira really had no value. It was just being backed up by the government. It's now being allowed to float to it's true value. I.e. Ripping the plaster off a wound.

One thing is sure, you can't call the man an hypocrite. His kids are American by the virtue of their mother, and he has supported Innoson vehicle over and over again. I remember then Nigerians laughed about it.

Nonsense!

Doesn’t solve any problem..

After buying the Nigerian goods, same CEO’s like Ben Murray Bruce will still send all the profits to their over sea accounts.. They will convert the Naira to USD b4 sending it overseas, there by weakening the Naira.


Ben saying the Naira will find it real value now is dumb idea.. What is the real value of the Naira he is talking about?

5000 Naira to a dollar?

Ben na mumu.

complexstuffs:
I totally agree with you 100%

Dr Olufunimilayo showed three things among others.
1. His ability to throw gutter insults
2. His inability to understand the basic world economics
3. His inability to look at issues logically devoid of emotions


On the whole of it, Dr Olufunimilayo showed that he is neither intelligent nor smart

Dr Olufunimilayo sabi economics, na u and other ignorant Nigerians no sabi economics..

Even if Nigerians buy made in Nigerian goods it won’t solve the problem, cos the owners of those companies will still remit all their profits abroad. In the process they would convert Naira to USD agian.

They will still buy raw materials and equipments agian and the process sieve for dollars agian.. These are the main causes of the death of the Naira, not the small, small imported things me and you enjoy..

Almost all the nations on earth import.

FreeStuffsNG:
When his father says what displeases him, does he disrespect and insult his own biological father and if he does then Sen Bruce should not be offended. Honour thy father and thy mother so that it shall be well with thy is a promise that will elude such a child who insults his parents or his parent's age mate.

Oga this one pass displease..

This one na irresponsibility and hypocrisy combined..

Ben na jonzing lair..

It’s not the buying of Nigerian goods that will solve the problem ..

Nigeria has the largest economy in Africa.. IF Nigerians are not buying the Naira how are they surviving?

How come the biggest economy has one of the worst performing currencies in the world?

Does that ring a bell?


I have been saying this since morning..

Weda we buy the Naira or not e no solve any problem..

They shud stop deceiving the masses..

FreeStuffsNG:
He is so rude and incoherent. The time he should have used to present his thoughts in a respectable, credible and intelligent manner, he used in insulting his father's age mate just because he has access to a social media that will not be there for ever.

Tomorrow now, he too will be begging the Senators like Bosun Tijani. Smh.
They never learn anything. Same Bosun Tijani insulting the Senators then is on the seat now, I pray he succeeds and does not have to come some years later to give talk-is-cheap textbook theories like Mr Aganga.

When his fada age mate they yarn nonesense?

LeopardX:
Honestly. Local business men who source everything locally - from raw materials to manpower - will still find a way to convert their profits to dollars. It's worse than outright importation sef.

Ben Murray Bruce's solution to problem is too simplistic. E be like say e just dey pull our legs.

Very worse and the average Nigerian is not even aware of this.

Tobedated:
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Ignore that idiot.

He will feel you need is validation..

Wujio:
I pity you. Pray this prayer, say Father give me personal supernatural visions of hell. Go there for three minutes and if you dont almost run mad, call me a fool.

Lolz!

B4 $ “dollar” kill all of us..

Before I proceed I want to ask a question.

Why are international banks like HSBC, BOA,BOE,BOC,BOI, SA banks not operating in Nigeria?

I feel their presence is highly needed at this stage, may be they will bring in the desired FX into the country and also help their country men remit funds without converting to USD..

To the main topic.

Apart from dollars we can use gold to conduct foreign trades too.. At this stage we have to be innovative..

The good side of gold is it can’t be minted by any nation, etc So we are tied to the USA..

Make I explain well..

The reason the Naira is falling is not because of the small, small goods Okechukwu and Tochi Dey import from China… That’s a very small contributor..

The major contributors to our FX disaster are Foreign remittances of multi national companies and Nigerian companies , importation of raw materials, equipments, fuels, etc.

Not the basic goods we import..

1.So instead of importing fuel with dollars, we can import with gold. It will halt the rise of the dollar against the Naira. Our Arab brothers are using this trick to their advantage.

2. All foreign remittances, buying of raw materials, equipments etc, must also be don via gold..

Abeg no ask me wia dem go get the gold from.

This will halt the death of the Naira and also create new opportunities..

Kindly add yours..

Imagine say MTN one remit the trillions of Naira they have made in Nigeria to South Africa..


They have to convert Naira to dollars first..

No even Naira to Rand or gold..

Gold even better.

That alone as destroyed the Naira kpata kpata, and give the dollar more value.


Imagine all the multi national and foreign companies doing the same thing like MTN, E don finish be that..

The worst of all is imagine our own Nigerian business remitting funds to their foreign accounts, that’s the end of discussion..

They hide the above nonesense they are doing, with the we are importing too much narrative..