₦airaland Forum

Leave the mud while you still can. I don tell you finish

money121:
GOOD NEWS!
STONE COATED ROOFING PRICE DON CRASH💔💔💔
Stay Tuned for Price Update

GOD BLESS NIGERIA🇳🇬🇳🇬

FROM 7,400/PERSQM TO 4,800 PERSQ
Whatsapp 08085310359

hopefully it will crash to 3500-3800. With the sustained efforts from the government,naira will appreciate more and with Dangote coming on stream with diesel, cost of transportation will be better which will reduce costs generally

Badgers14:
Defending the naira is good thing as it helps the economy.


My problem with their approach is, are they putting a band aid on an issue to give the economy a quick win while crippling the economy long term?

FG knows what to do , all they are doing is just going round the problem instead of taking it head on.

I am still yet to understand why "roundtripping" have not been abolished.

Why would someone that needs to pay their supplier in China, need to go to BDC to buy dollar to come and pay into the bank to effect the transfer. It's not like the bank will take the money in cash to China.. the transaction is done electronically.

Why can't banks just deduct the money from customers account at official rate so the customer could pay their kids school fees, medical bills, or their foreign supplier?

Also, I do hope that FG is true to their word on clamping down on businesses that chargers dollars while doing business in Nigeria.

Not to forget increasing local production.. what is the government doing about improving the lower supply.. if the government can improve electricity that would greatly reduce the cost of doing business and encourage more entrepreneurs.

now, you argued constructively. You pointed out some issues that needs to be addressed.

If the government fails to do the needful, they will use whatever resources that should use and make sure the currency stays stable. I don't care what they do. Just keep it stable. The masses are innocent of the whole mess.

There's so much looting you can do in a system before you reach the plateau and be forced to do what is necessary. Right now, I think Nigeria is heading there. Nigeria is getting to the point where the government will be forced to do its job in other to find the money to loot. There's so much borrowing, crude oil will take you before you're forced to fix the system,generate income before you can loot.

Government is defending the currency and giving you the poor masses breathing space but out of sheer desires to see this country destroyed, the same poor people are fighting against the defense.


If government should borrow to save naira and make it easier for me to live, government should do it. When they looted and didn't invest in Nigeria, I wasn't a part of it. Nigeria will not be destroyed because I want Obi to win.

The reason I voted for Obi is for better life and if Tinubu is giving me that, I will support him and his policies

OfficialAPCNig:
Selling a 10k drone to your closest ally at $193k?
Does it make sense to you?

it's called business

America is selling their iron dome to Israel at inflated costs

What happens if this game ends like this. What does the away goal rule say

mannasseh:
My younger brother has been a torn in our flesh, he is 24 yrs and choose too do nothing with his life. He brought so much shame and disgrace to our lives that we had to leave our former area to a new area. After committing some atrocities in our former area and in the village, he ran to lagos and last month came back to our new apartment.

He sold our fridge, Tv, pots, bag of rice, broke into my moms shop and sold most of her wrappers, stole, went to the village took out the windows and sold alot of wickedness.

Now he came to this new apartment and broke into the room we locked and has taken out the laptops and phones we kept there.

Pls i beg you in the name of God, if you are a military man in P.H pls come to our help, we need to teach him a lesson and he has to leave the house, he is 24 years already
Please i am on my kneels begging, my father has high blood pressure already because of him, my mother nows sells pure water and mineral because he sold off all her wrappers in the shop.. i am begging pls

you don't know police station, arrest and prosecute him.


You don't want to do that because you want to follow shortcut and that's what brought you here

He will tell you no be him spray money. Ask him to bring the person,he will tell you that he doesn't know all the members of his church.


You can then slam him fine for allowing them spray or mutilate naira. Case closed

folmus:
"In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre.'

When I said Cement will be back to old price, some folks thought I was joking.

once the price of diesel drops, major goods will shed prices. Diesel powers this economy

Lordsonn:
Foreign reserve is going down deeply. We all know why naira is depreciating now.
The next move is for the government to borrow billions of dollars to defend naira. This method cannot sustain for long. CBN has given out 2 billion dollars in less than two months to banks and BDCs to defend naira. This is sad.

if the government wants, they should borrow trillions to defend the naira. The masses are not going to suffer the consequences of their looting and inability to save.


It's extremely important that the masses know that. The job of the government is to make life easier for the masses. But in Nigeria, the government makes the masses feel that their "taste for luxury goods" is the reason the economy is bad.

Wonders shall not end. Parallel market is cheaper than the official window

CBN governor, you do this one. Thank you

forgiveness:
Sell at 700 naira

honestly I am praying hard for it.

Lawalemi:
What is the crash in this case?

you don't buy diesel daily. If you need ten liters daily for your business, you will not be talking nonsense.


In case you're wondering why prices are not dropping despite dollar rates dropping, the reason is diesel. We run a generator economy. Everything we produce and transport is based on diesel and the cost eats deeply into the operational costs. Hopefully it will drop further down to 600-700.


Nigeria is winning. Haters gon hate

Omo. This one do me shut up. Nigeria has one of the safest banking system in the world and for this to happen to him.


Check your family for the culprit please

whatisthetruth:
https://twitter.com/BloombergAfrica/status/1780224897534325150

if that's what it will take to reign in speculators and not allow the economy to go to the dogs, Nigeria will do it double.


If you don't like it, migrate to Mozambique. Waiting for the economy to go to tatters so you will rejoice and mock the country.


Before you mention me, I supported and still supporting Obi but I don't have another country. I will rather have a progressive nation than have my candidate win. Tinubu is the president and I will support him. The destinies of millions depends on the success of his administration

FreeStuffsNG:
With HE Wike still in PDP? Give the ticket to HE Atiku again? Then PDP has learnt nothing niyen

even you know Wike is no longer in PDP.

Thing is that there's no person in the South who can challenge Tinubu right now

FreeStuffsNG:
PDP may not give him the ticket.

there's no MAY

PDP will zone the ticket to the North

topsy23:
One of our project in Akoka, getting there this morning the whole cables stolen. We have POP guys working in the building after we left the site. They denied that they did not tamper with the cables.

where is the nearest police station please

socialmediaman:
To respond to your question, I'm a Nigerian. You see, my problem with the government is transparency. I know what happens behind the curtains.

I know what happened with the previous government and foreign exchange.

I know why the official exchange and parallel exchange have very wide gaps.

The corruption in the system is what is responsible for the problem, not the unstable policy changes.

Fight the corruption and all these go away, but we both know they're not ready, they don't have what it takes to fight it. They're just going to pretend to be working

Well. Even if you're pretending, show the data so people don't invest their money based on the hype and lose money suddenly in a few months all over again like they did when the policy changed overnight.

Just publish the damn monthly economic report so we can see the workings by ourselves

I thought we're talking about the economy not politics.


Where in this world is corruption non-existent. Corruption may be bad but incompetence is actually worse. What destroyed the economy under the former administration is not corruption but incompetence.

If Tinubu should employ the right brains, they will handle the economy and corruption will still not be able to stop it.

Let's get back to the discussion, what will you have the government do? Let the IMF dictate the way to run our economy and allow things go like wild West in the name of liberalization?

Proper title

A thousand plus one reason Tinubu should employ me..... Reno

I don't know what else this man has to do for Tinubu to employ him and give me a seat at the ground table.


May I never labour like this for my meal in this life

PortHarcourtcit:
This is Pure propaganda...

no. Young people are going into the digital economy and leaving these type of job behind. I'm a welder and for the past three years, I haven't had a single apprentice come in and graduate. They come in and few months down the line, they will leave

socialmediaman:
We were told that fuel subsidy was gone. What is the result today?

Many people suspect that flaoting the naira failed and the CBN is back to defending the naira. Where is the monthly economic report published by the CBN? The last one was published November last year. Transparency that was established since 2013 by the GEJ government just disappeared.

Where is it? The CBN should publish it and lay this matter to rest. https://www.cbn.gov.ng/documents/monthlyecoreports.asp

oga, no country on earth can allow her currency to float 100% against the US dollar. Dem no born you well to try that. Not even almighty China can try that even with their heavy exports e come be third world import dependent country like Nigeria.


Tinubu made a huge mistake by liberalizing our currency. Speculators ran wild with it and fleecing the economy without putting anything in. Thank God he walked back on the brazen act. Not every politician can do that especially not one that projects himself as an economic juggernaut.


If you know what would have happened to Nigeria if the economy was allowed to go on autopilot like that?


We need dollar at 600-750 for the economy to move. Government should do everything it can to bring it down there. That's the only way we can spur investment and growth. Anything less and importation will take over thereby leading to massive job losses.

Before you quote me, are you a salary earner or you're into industrialization

dadayung1:
The airtel unlimited is now restricted to 35k for 40mbps and 50k for 60mbps only. The 20mbps for 20k is now capped at 200gb and 10gb daily once you hit the 200gb threshold, but it's still a fair deal. The router for the first payment is 60k now, then subsequently you can choose any of the 3 data plans. I am a dealer you can contact me to get yours. I am base in Portharcourt and can weigh bill to any part of the country.

everything in this country is meant to frustrate sha

sekzy99:
Thanks. My quantity is not much as you observed. Will source for someone close to my area

it's ok. Thanks for knocking on my door.

Good morning and enjoy your day

This is a senator that knows his onions. Not like those whose priorities are fat salaries and grants.

Turn adversaries into friends

I'm not sure you can get a direct bus. They will stop you at Onitsha and then you take a bus to Enugu

lowkey0147:
You're a big proud f**l..

Do you know if I'm richer than you? Stop making urself appear like a fool.

your life revolves around sex so that is just about it.

Until you can do something exceptionally well and need to employ others in the venture, you have zero right to criticize people who kill it out there

lowkey0147:
Shut up.. the hate is already destroying you with ur ab*ki brain, dumb f*ckers.

No thinking faculties at all.

well I employ about four to five people. How many people do you directly employ?

You think life is about talking without sense on social media. You will come back to the job market and beg Dangote for a job

lowkey0147:
Dangote and this useless business monopoly ; why can't he allow competitions so people can make choices, why compelling the global market because of one man?..

Give him 2yrs and see him tripple his price, same way he duped Nigerians with cement and the rest of his products.

what is this nonsense you just uttered?


The biggest manufacturer of this continent. This type of hate will destroy you and instead of you to learn how he made it, you will be wallowing in your hate

You don't want Nigeria to prioritize and protect local manufacturers but you want them to grow

If you ever wondered why credit facility can not work in Nigeria, this is all you need to know


See how he's encouraged to not pay back the loan. Thieves

teemac01:
I didn't bother finding out because the coverage no reach my location...just check thier site for that its there i think

I just checked and only few states are covered