₦airaland Forum

I think it will be a very good idea to wait till dollar increases to 1000 Naira before withdrawing my dollar funds.

I am hoping around December period, I think it will be a great idea.

Please any advise on this? No insults

it's quite sad to see many people ignorantly wishing their country bad


let me tell you something, even if it increases to 2000 naira it still won't benefit you cuz the prices of goods and services will increase simultaneously

You're actually doing yourself if you think constant depreciation of the naira makes the little dollar you have in your account more valuable in anyway while living in Nigeria.

Your purchasing power more or less remains the same and might slightly drop sef.

It won't benefit you like you think. when the dollar increases you would only be able to buy things you can by now as the price of goods would also increase simultaneously or even greater than the percentage increment of the dollar.

It would only affect people earning in naira as their income would still remain the same.

Can you imagine no be only government be our problem for this country make, some people they happy say dollars to naira Don high, I have bitcoins in my wallet buh I day think about my friends and family way day earn in naira how them won take do ham, worst case wetin no pass #200 some purposely add money why are we like this in this country

Buh on a second thought @O.P what if you die before dollar reach #1000

God bless u bro. Thanks for your reaponse, Indont know where we get the idea that devaluation of the naira will benefit us because we earn dollar in Nigeria. Nigerian youths pls lets all put on our thinking cap.

3ple9iner:
It won't benefit you like you think. when the dollar increases you would only be able to buy things you can by now as the price of goods would also increase simultaneously or even greater than the percentage increment of the dollar.

It would only affect people earning in naira as their income would still remain the same.

Starzo:
it's quite sad to see many people ignorantly wishing their country bad


let me tell you something, even if it increases to 2000 naira it still won't benefit you cuz the prices of goods and services will increase simultaneously

You're actually doing yourself if you think constant depreciation of the naira makes the little dollar you have in your account more valuable in anyway while living in Nigeria.

Your purchasing power more or less remains the same and might slightly drop sef.

VERY SAD THAT MAJORITY OF NAIJA YOUTHS WISH COUNTRY ONLY EVIL,THAT IS WHY THEY ARE ENGAGED IN DRUGS AND ILLICIT BIZNESSES