₦airaland Forum

THEGALADIMA:
My guys, please economy of a country is not rated by numeric value of exchange rate to dollars or any other international currencies okay.
That 39K naira would buy more valuable things in Nigeria than that 15K CFA.
THE CONCEPT IS CALLED PURCHASING PRICE PARITY. Simply means the sum of the same money to buy the same number of goods in a given situation.
So kindly abreast yourself with more facts when coming to establish or comment on a thread.
Bikonu, Nairaland is for educating people.

You're too smart for your own good. Please compare what 39k Naira could afford under Jonathan, which is but yesterday, and then come back and tell me about education and purchasing power parity.

You can speak complicated and very technical Economics jargons but don't necessarily mean there's sense in it. That 39k could buy 4 bags of rice under president GEJ, today it can't buy one. I pray it won't be too late for you before you see sense and borrow.

Oloki:
Pls expatiation. Are you saying it's only our currency that has fallen beyond repair? By your post, other countries currencies are still standing while ours is on a free fall

I think they mean that Nigeria isn't the only country whose currency has fallen. I'd like to point them to the fact that some countries' have rather risen. Why not ours considering all the factors in our favour?

helinues:
Other countries currency rate still remaiithe same for decades

I don't even your job

I just watched a video of someone travelling to Cotonou and changing 39k Naira into 15k CFA.

Note that in 2007 when Obasanjo left office, 1 Dollar was at its peak 125 Naira.

That same 39k Naira exchanged then would amount to 180k CFA.

How I got it was to divide 2007 rate by today's rate and then multiply the CFA by the result: 1500 (today's rate) ÷ 125 (2007 rate) = 12. Then, 12 * 15000 CFA = 180 000 CFA.

And it was in that era when 1 Dollar was 125 Naira that Eedris Abdulkareem sang Nigeria Jaga Jaga. Today, it is 1500 Naira to a Dollar. Eedris must either render a genuine apology to former president Olusegun Obasanjo or release another song and continue his activism.

By the way, in 1999, OBJ met things at 90 Naira to a Dollar and after 8 years left it at 125 Naira to a Dollar. When Tinubu was sworn in, our currency was still below 800 Naira to a Dollar. And less than 2 years he has so messed things up and doubled the rates. Yet his first 4 years are yet to be over!🤦🙎🙆🤦

Eedris, African China, Tunde Bakare, and a host of the circumstial activists of that time should either resume their agitation or apologize to the presidents in power back then.

Jonathan said we'd miss him when he's gone and boy is his prophecy right!

Show them.

ExAngel007:
AI generated

What AI and is it free?

That wallet was your final interview, a test of your honesty.

A camera was watching you all the while. Mind you, it'd shock you to know that all other interviewees also picked wallets each.





I have spoken

Noblegraphix20:
But when you sell to POS,they will pay you with transfer and the money will still go straight to your bank account

Then I'll go collect cash from the same bank and sell.

Deposit, withdraw, sell, repeat.

You get the process?

Esortigress:
My regards to princeoflagos

That fellow must ve an imposter. I have no prince. Only princesses.

I'd rather sell cash to POS operators than deposit with bank.






I have spoken

Esortigress:
Obi of onitsha how are you doing

I'm doing fine ruling Lagos. Thanks for asking.

IyaebeTheGreat:
Try harder, I went and do your amebo briefly and was reaffirmed that you own those monikas, keep deceiving yourself

As you please

IyaebeTheGreat:
The way you quickly abandon your monika after Gbadebo's loss is laughable, e really choke you ooo but it's not that deep. So relax

How someone can set her heart to something and refuse to yield is really a wonder.

Are you sure you'll be teachable like this?

SpartaOfLagos:
iyaebeTheGreat is an attention seeker , ignore her

Iyaebethegreat seeth thou this?

Vindication!

IyaebeTheGreat:
Keep deceiving yourself. Hope you are preparing for Asiwaju's swearing in ceremony

Not only swearing in, it's swearing at that he will have.


And since we're now swearing in, on, at, to... About being princeoflagos, I swear by the ancient stool of my forebears of the true Lagosians from the east, I'm not that fellow.

IyaebeTheGreat:
infact you given me more confirmation, the way you write is the same.

Oh common

SpartaOfLagos please come and tell this person I'm not you and you're not me.

IyaebeTheGreat:
Now you've accepted your true identity, no need hiding in the first place. Amen to your prayers plus other tribes and region as well.

Hey, durling, can you now see that we're not the same?

IyaebeTheGreat:
It's like a cruise course, like freestyling with your book. You won't be drained

You get it.

Op claiming Law is difficult is only as an ego thing. Who wants to agree that their course is easy anyway? Doing that will make them feel less accomplished or achieving.

IyaebeTheGreat:
Peace is not an option. I'm agreeing with you for the first time, law is just an overhyped course. Law as a course is like a prostitute, anyone that goes in must come out successfully or how many students have you seen withdrawn from Law sighting difficulty?

I see courses like Law as 'bonus'. Like something to do when I feel like relaxing.

The op will do well to adopt this mindset also as it will help him greatly.

IyaebeTheGreat:
I full ground remain

I know you got it covered. I'll be in my palace at Alausa, close to government house, when you're done.

Take care of business.

Just that I don't do redpills, I have enough on my hands ruling Lagos as it stands.

I'll let iyaebethegreat handle this part.

IyaebeTheGreat:
Yes that's because brain boxed people go for more challenging courses. Law is just a theoritcal course with some big big grammatical terms and how to apply them, nothing challenging.

Durling, why so much vawulence this early?

I agree with you though but many won't.

Any perceived difficulty in law is artificially created to sustain the prestige of the discipline.


I have spoken

Eniitankorede:
You are living in delusion. Obi koh, Obituary nii!!!

We'll know who is delusional when reality sets in. For now, enjoy the illusions of rigging and electoral violence.

Mandate thieves.

77up:
Na me suppose ask you how market. Asiwaju, my candidate for presidential election and Sanwoolu ,Lagos governorship candidate won election. You can continue in your self denial that Obi is coming 😂

May Asiwaju succeed

Small Lagos that we took from you people during presidentials and you turned election to war and went to hide behind tribe.

Most ungraceful. You guys are still scared silly cause you don't know what we're doing next.

77up:
Any time you see anything of Lagos, trust me it's that deluded fl@theaded guy😂

Supporters club, how market?

oyin44:
Ok thank you..l didn't know

Awon G.I Joe have shown up.

IyaebeTheGreat:
Your profile sef gave you out, everything is about Lagos and royalty which is same as princeoflagos

Argh!

You've made up your mind.

Since you no gree. Incase you're owing princeoflagos, you can pay to me then. Not just alleging without benefit.

IyaebeTheGreat:
You don’t compare Obi to Tinubu, Tinubu boys are even more than him. Would you rate Obi over Fashola on a normal level? You are not truthful

Consider what Obi achieved without having such strong 'boys' as Tinubu within such a short period of time then judge things in this light.

IyaebeTheGreat:
I believe, your pattern of writing is same and more than five people have confirmed that.

It's not. Last time I'm denying. Have a look at writings again again.

IyaebeTheGreat:
You don’t compare Obi to Tinubu, Tinubu boys are even more than him. Would you rate Obi over Fashola on a normal level? You are not truthful

Believe what you like durling. It's a free world.

You chose to believe I'm princeoflagos, have at it.