₦airaland Forum

franchasng:
I am beginning to have pity on Pa Bola Tinubu, he never expected things to be this rough, life is really unpredictable

iSense247:
Tinubu is coming a distant third in this election. There are no two ways about it. The old criminal is unelectable.

iSense247:
We Yoruba Christians will never vote Muslim-Muslim ticket because we are not fools. When MURIC terrorists told Yoruba Muslims not to vote Yoruba Christians, they all agree.

Christians are not minority, slaves, or second class citizens in Nigeria. Muslim-Muslim ticket is a big insult to we Yoruba Christians and we shall punish Tinubu for that.

shuttox:
It will pain Tinubu urchins

goshikid:
Where are the urchins that said Tinubu will inherit buhari's block vote?

😂😂😂 So Urchins believe tinubu will win South west but atiku won't win Northern states?

I swear Urchins are very senseless

Abfinest007:
Farook the table u are shaking has only one leg please allow tinubu to witness his own defeat






2023 is settled we are ahead.obi for 2027

Ozommadu:
Senseless opinion

You don cast nwoke m

Agboriotejoye:
What was the evidence when FG was passing subsidy

psalmistkakah:
the F.G shod prove that they are not paying subsidy....Even a lay man knows that the govt still pay subsidy...The young man just made simple analysis for u . yet u did not comprehend him keep deceiving urself inorder to protect APC..

BigBashiru:
NNPC sells crude oil to UK and Italy and France even though local demand has not been met and then imports crude oil/refined petroleum. This is called colomentality

nairalanda1:
I did. But you don't want to see it.

Good morning

nairalanda1:
I just did. You are still in denial

Sorry i can't help you.

nairalanda1:
I just did. You are in denial

a4cube:
2031 nko?

nairalanda1:
Landing cost at October 2023 was N720 per liter

Cost of fuel was between N580-700 per liter across the country same time. Still is.

Landing cost is still rising, then throw in depreciation of naira vs dollar.

At the end, fuel should be above N1000 by now. Or, optimistically spoken..N800-900.

nairalanda1:
Fuel should be above N1000 if not more by now. Government is paying a subsidy, that is why it is not at that level.

searchng4love:
So far so good tinubu has failed to live up to expectations. No it won't.

A renowned economist, Bismarck Rewane, on Monday, declared that the country’s official currency is undergoing transition and not cursed as being speculated in some quarters.

Rewane, the Managing Director of Financial Derivatives Company Limited, stated this when he was featured as a guest on Channels Television’s late-night programme, Politics Today.

The development comes in the wake of a rebuttal by the Central Bank of Nigeria that it has no plan to convert $30 billion deposits in domiciliary account holdings into naira.

While admitting that tough days lie ahead for Nigerians, Rewane said the free fall of the naira is not a problem that cannot be solved by one silver bullet.

He said, “No, I don’t think the naira is jinxed. It is just a currency in transition. And you can see that in 2016, it was N499 per dollar. As of this afternoon (Monday), it was N1,468. It had dropped to N1,531 per dollar sometime last week and started finding its way back.

“So, we have tough days ahead. But the point is that you have to look at it in the context of the currency in transition to weigh its fair value.

“Some of the problems are structural, some are transit. So we have to understand it in that context. But you know that the fundamental problem with the naira is that any country that has high inflation and cost of living crisis will always have a weak currency.

“To address that, you have to look at it from a broad perspective. It is not one silver bullet that can solve all problems.”

Rewane added that “for instance, in 2004, it was $1.70 that will give you one pound. Today, it is about $1.27 that gives one pound. We have three types of systems.

“We have the fixed, floating and management exchange rates. In the world, 38 per cent of the currencies are called flexible exchange rates. Another 35 per cent is what you call the floating rate.”

searchng4love:
It won't. With vandals as leaders it won't.

garriAndsugar:
You sleep, wake up and eat on delusion. You can continue deceiving yourself stop trying to deceive others