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Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira (4113 Views)

I'm Shocked To Hear What Buhari’s Ex-Ministers Are Saying About Him - Kukah / Benin Republic Slams CFA 2M On Nigeria Cargoes In Retaliation For Border Closure / Subsidy Removal: Fuel Pump Price Rises To 800 CFA In Benin Republic – KPMG’ (2) (3) (4)

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Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by debetmx(m): 5:02pm On Oct 15, 2021
That man go finish Nigeria kpatakpata.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Pusyiter(m): 5:32pm On Oct 15, 2021
100% on point
We do not need an Angel to tell us the solution
It is not rocket science.
DubaiLandLord2:
GMB should open the land boarders and let people import stuffs like rive and tomatoes from our neighbors. Nigerian farmers should be able to compete with our neighbors by now.

It will force down the price of some food stuffs.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Buckeyemedia1: 5:33pm On Oct 15, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.
Couldn’t help but laugh.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Buckeyemedia1: 5:35pm On Oct 15, 2021
debetmx:
That man go finish Nigeria kpatakpata.
President Buhari should arrange Nigeria for an ungrateful Unpatriotic Nigerian like you to enjoy & be happy? He has not kpatakpataed it yet.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Theunbothered: 6:15pm On Oct 15, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.

Sorry what did Buhari promise us in 2015?

It starts with the letter C
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 6:46pm On Oct 15, 2021
PrinceOfLagos:
That's what you get when your leader is dull and irresponsible

They are now packaging Tinubu to take over from the current failure of a president

Tinubu that is almost 80yrs old

Nigerians like to suffer


Relax bros, Atiku is cuming
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 6:48pm On Oct 15, 2021
DubaiLandLord2:
Who is your candidate for the 2023 presidential election?

PrinceOfLagos is Atikulated
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 6:52pm On Oct 15, 2021
PrinceOfLagos:

I will keep that to my chest till 2022 but not Tinubu



Keeping him to your chest will not help me to get more support.

By now, you should be proud selling his candidacy to the electorates while explaining how he will turn around the economy, stop importation of fuel, end Banditry, marauding killer herdsmen and Boko Haramism.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 6:56pm On Oct 15, 2021
popez:
When Nigerians are really ready to make Nigeria work, we know what to do.


Deep in our minds we all know the right things to be done to fix this country but selfish sentiments won't let us do them.

Because, how would sane humans Vote Buhari and Osinbajo twice, and are still campaigning for Tinubu/Osinbajo, if not for very petty sentiments?


Make we dey watch. undecided

We have heard enough about the bad candidates that should not be voted for but you should be campaiging for the best candidate that can fix Nigeria and explain how he plans to fix Nigeria.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 7:03pm On Oct 15, 2021
ngwaIgbo223:
uSELESS HOPELESS nIGERIANS. YOU GUYS WILL SUFFER? WHEN THE iGBOS WAS TELLING YOU hAUSAS AND YORUBAS NOT TO VOTE THIS FULANI FOOL FROM nIGER AND gUINEA YOU GUYS WAS THINKING IT4S BECAUSE OF jONATHAN? SOON WE ILL GET bIAFRA AND LEAVE YOU GUYS.

The real reason why the Naira is weak is not Buhari but the nature of the economy of Nigeria which emphasize consumption over productivity.


The Naira will continue to fall if we continue in that path irrespective of who becomes the president.

Buhari's main fault is his failure to halt the trend and reverse it.



There is no country that is economically developed by relying on rents (collected over the sales of her RAW materials like crude oil) to import virtually everything from tomatoes paste to tooth picks.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by popez: 7:07pm On Oct 15, 2021
oyatz:


We have heard enough about the bad candidates that should not be voted for but you should be campaiging for the best candidate that can fix Nigeria and explain how he plans to fix Nigeria.

You probably didn't comprehend my post.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 7:08pm On Oct 15, 2021
Emergingnation:
of cause we don't haven candidate, we ain't interested in Nigeria anymore...

You aren't interested in Nigeria but you are always spreading hatred against citizen Tinubu ,all in attempts to stop him from contesing (and possibly winning ) for the presidential election?
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Kam2021: 7:10pm On Oct 15, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.
You are an idiot..I'm not sure you go to the market
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 7:11pm On Oct 15, 2021
popez:


You probably didn't comprehend my post.

I did very well.


1) We have been hearing for long that certain candidates are bad.


2) The solution should be supporting the best candidate. Start mobilizing for this candidate sir.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by popez: 7:37pm On Oct 15, 2021
oyatz:


I did very well.


1) We have been hearing for long that certain candidates are bad.


2) The solution should be supporting the best candidate. Start mobilizing for this candidate sir.

You still didn't get my post.

Deep down we know the candidates that have something to offer to this country, but selfish sentiments like religion and tribe won't let us do the right thing.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by benuejosh: 8:47pm On Oct 15, 2021
Caboceer:


From your nonsense talks everybody done decode say na oloriburuku you be

Even you sef know
shift beg!
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Benwallt(m): 8:54pm On Oct 15, 2021
Commentor:
Where is the proof?
I just taya for our people. There is virtually no prove in that post and ppl Just go on rambling. What a piry

1 Like 1 Share

Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by ygowon: 8:56pm On Oct 15, 2021
You guys need to go through this thread, https://www.nairaland.com/6804237/how-monthly-salary-used-foodstuff, especially benuejosh
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 10:11pm On Oct 15, 2021
popez:


You still didn't get my post.

Deep down we know the candidates that have something to offer to this country, but selfish sentiments like religion and tribe won't let us do the right thing.


Having identified these 'good candidates' and the problems preventing them from being elected, it is your responsibilities to help in solving these problems by enlighting the political class and the electorates to see reasons why they should back this good candidate.


Constantly complaining online that a particular citizen is an evil man who should not become the president will not necessarily lead to the best man occupying the post.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by McStoic(m): 10:41pm On Oct 15, 2021
laiperi:
Liberal economic policies i.e open a developing country for free for all even when the most developed and economic giant like China regulate their markets.

Nigerians want "free" market to import anything they want as if the money used is printed in Nigeria.

Free Trade, Free and Tax Free Zones!

Mumus taken to the cleaners. Where are your Oxford and Harvard trained economists cheering for Devaluation while they launder meagre foreign income on themselves and cronies.

Your Mumu never do?
Huh??
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by arthurwillia(m): 10:53pm On Oct 15, 2021
sE get one boy wey be Benin boy, he Dey work for Naija hoping to go back home rich
He will be shocked
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by SarkinYarki: 10:59pm On Oct 15, 2021
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.

Name one best the failure has done Philip
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by brown3: 11:41pm On Oct 15, 2021
oyatz:


The real reason why the Naira is weak is not Buhari but the nature of the economy of Nigeria which emphasize consumption over productivity.


The Naira will continue to fall if we continue in that path irrespective of who becomes the president.

Buhari's main fault is his failure to halt the trend and reverse it.



There is no country that is economically developed by relying on rents (collected over the sales of her RAW materials like crude oil) to import virtually everything from tomatoes paste to tooth picks.
oga been a consuming nation didn't start from buhari, stop giving excuses for failure, he failed in 1983, he failed in 2015 till date, he is still going to fail at anytime.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by benuejosh: 11:43pm On Oct 15, 2021
ygowon:
You and party politics. Your future is being eroded and you are still fighting for a dead man who is too old to even reason for himself. Mtcheew
Unfortunately he still reasons much better than you who is young. The reason why Nigerians voted him.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Sergio101(m): 11:59pm On Oct 15, 2021
DubaiLandLord2:
GMB should open the land boarders and let people import stuffs like rive and tomatoes from our neighbors. Nigerian farmers should be able to compete with our neighbors by now.

It will force down the price of some food stuffs.
The first time am gonna see a reasonable point from you.

Nice point........ Love that
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by ygowon: 12:00am On Oct 16, 2021
benuejosh:
Unfortunately he still reasons much better than you who is young. The reason why Nigerians voted him.
Reason why? Tautology you can't know. I'm not surprised. Illiterates support illiterates. I don't even blame u, I blame the educated ones supporting the illiterate man
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by eurogee: 12:59am On Oct 16, 2021
Idiot spotted
benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by Capitalpunisher: 1:01am On Oct 16, 2021
Una nefa chii chom chim.
Ateral iam a barbing
Re: Nigerians Shocked To Discover That Benin Republic CFA Has More Value Than Naira by oyatz(m): 9:26am On Oct 16, 2021
brown3:
oga been a consuming nation didn't start from buhari, stop giving excuses for failure, he failed in 1983, he failed in 2015 till date, he is still going to fail at anytime.

Before Buhari, did you bother to ask why the Naira depreciated from #1= $1.5 in 1978 to #200= $1 in 2015?

Why the downward trend with each regime?

My post is NOT about excuses for Buhari or anyone.

If you study the Nigerian economy, you will see that the economic indices worsen with each succeeding regime.


If we are to use the exchange rate as a parameter, why is the Naira declining in values with each regime?

What were the values of the Naira in;
1) 1980
2) 1985
3) 1990
4) 1995
5) 2000
6) 2010
7) 2020?


* If we remain in this path, the Naira will be around #800= $1 by 2026 irrespective of who is the president.

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