₦airaland Forum

helinues:
Stop trolling me

Is that how bored you are? Try and have self respect for yourself now

grandstar:
It's beginning to. More foreign exchange is now entering into the economy. The Naira is more stable now. The exchange rate is market reflective. The massive gap between the official and black market rate is basically gone, prevent the rountripping that was too common during Buhari's regime

One can see the benefits of the floating of the Naira. In WhatsApp Business app, you' can pay for FaceBook adverts in Naira. Go to Cameo.com and be shocked. Before, these services were only available in dollars.

He needs to remove the petrol subsidy and fully deregulate the price as already done with diesel and kerosene.

This would reduce the budget deficit big time, and the amount spent on debt financing.

As can be seen with the Dangote refinery, no one is willing to sell at a price that is neither market or cost reflective. He isn't prepared to sell at a loss.

That's why investor have refused to invest in refining. Mobile telephony boomed in Nigeria because the telecom companies could charge what they pleased. They invested massively and now, Nigeria has over 100m lines from 400,000 in 2001. The huge investments helped bolster the Nigerian economy

Mtel fixed its price at N22 per minute and is no more today

The price of petrol needs to be freed. The biggest benefit is that it would result in huge investment in refining. It would create wealth. Don't Be surprised that within 10 years, refining capacity would hit 2mbpd. The petrol subsidy is improverishing Nigerians

Also, the bigger the fiscal deficit as a percentage of GDP, the more likely your currency is likely to depreciate. Since the petrol subsidy causes huge deficits, it leads to Naira depreciation.

What would you prefer, petrol at N600/litre and the Naira at N3,000/dollar in 4yrs time, or petrol at 1,500/litre, and the Naira at 1,800/dollar in 4yrs time?

If subsidy had been removed during Jonathan's government, I doubt the exchange rate will be more than $1-N500.

femi4:
Honestly, she was doing a good job until she was removed cos of politics

hopexter:
Na there your mom for die?

Vision101:
This comment is not necessary. The cedi is artificially valued. Nigeria can do the same without adding value to our economy. Just remove two zeros and that's it. What is the value of Japanese yen, Italian lira, French franc and Chinese currency to the dollar but the economies are still strong.

We should desist from condemning everything about our country. Others celebrate their small yansh but we wey get biggy de condemn. The size of the entire Ghanaian economy at its best is not up to the Lagos economy.

hopexter:
You sound hurt, that wasn’t my intention. I wanted to help 😌

hopexter:
Just send the wallet out of shame you hungry beggar

hopexter:
Send me your wallet make I send you something take feed your parents.

Barzinime:
He was shifting anything, it's your IQ that he complained about is the one at play here.
You can't simply comprehend.

hopexter:
Then take your stewpid nose out of Edo’s election.

hopexter:
As an Edo man, aren’t you ashamed of supporting Olumide and Kadiri the foreigners in Edo land?

salem1996:
Leave am, how person way get IQ go think say Tinubu na leader... Maybe IQ stands for Inconse-Quential to that nigga 😂😂

Jagabanarmy:
Why do you give attention to deranged fellow? Anyone still supporting this government is a huge joke. Yes , I supported the president before and during the election but I have seen that he lacks the capacity to really make a difference so I stopped supporting him because I want and cherish good governance in my country

adioolayi:
"Compensate her and bring her back as Head Coach"

Maybe you need to be more clear next time....your statement I quoted didn't say anything about her 2016 money.

fergie001:
Aziegbemi has been Chairman of PDP even before Ojezua joined the Party.

adioolayi:
So, the position of Head Coach of Super Falcons is for compensation and not because she can do the job

chudez0147:
That’s what am doing

chudez0147:
How did you get the name and details??

DevilsEqual:
Another reason why i talked about IQ.
Make researches, read articles, be more informed. Psychologically, There is no direct link between IQ and political affiliations

I talk am say all these UNN and Unizik graduates gat go for seond degree outside the region





Nwanne, curse more more, Buhari who dem curse still dey fresh

sylve11:


That person gets over 70 monikers.

DevilsEqual:
Africans really believe curses work?
No wonder they also believe prayers can change the situation of a country

Your curses are a waste of wishes.

If IQ were a requirement to join NL, most of you wouldnt be here