₦airaland Forum

Notice the difference between this regime and Buhari's regime? Buhari gives order, CBN contradicts him. Tinubu gives order in the morning by night, CBN complies.....Werey pass werey jaare

Impressive!

Unclear to a layman. Please could someone help break it down?

Jagagban!!!! Jagagban . If you hate this man. Your depression can never be cure

J

I did not know the importance of that naira for dollar.
Anyway, it helped people make small small change

Someone should please simplify these

Nice

hope they can handle the demand, putting naira on a free market with our not so working economy, will end in disaster.

all i see this man doing is making policies b4 planning for the out come....


like this, na 3k we go see ... if bank cant supply everyone

This is a welcome development

OloYeOfEgbE:
Lol...

I no fit read the long speesh and I don't even wanna understand.. somebody please tell me its gonna affect those guys from Niger Republic doing BDC in Asaba.

It is unacceptable olorun

I am with you on that!

No value added yet they rake in Millions.

HappyPagan:
All these fuel price increase, dollar increase, igbo and loud price no change. To God be the glory.

who tell you. Iya yellow done add 700 naira for cup.

Oya experts start talking o

A good start for now.


But guess where the problem is?


CBN doesn't have enough dollar to meet Nigerians' usd demand, remember we are an import dependent country.


What it means is that Nigeria doesn't earn enough FX through export to meet up with the dollar demand of Nigerians, which means many Nigerians will be going to Aboki for dollar and Aboki will be determining the rate based on demand of dollar for the day, and this will definitely lead to uncontrolled crash of Naira value against USD.



I commend Tinubu for this good dollar floating policy, but it would have been better done after putting certain things in place to ensure CBN earns or have enough dollar to supply to all banks to sell to Nigerians.



One of those things that would earn us more FX and also reduce our FX outflow is putting our local refineries in working condition and leasing them out to private entities to run for Nigeria to reduce importation of petrol which gulps most of our FX. While fixing the national refineries, Dangote's refinery will also be ready and both combined would solve our importation of petrol which consumes majority of Nigeria's FX.

Thr

Following

Wonderful
Tinubu is for business

Nigeria and thier Nollywood.
Watching with fingers crossed.

To you economists, what does this one imply.

Don't think I don't understand it

Rhassidy360:
who tell you. Iya yellow done add 700 naira for cup.

For my side, nothing change. Na still same size. Na only transport for loud dem add 5h (if you wan do house delivery).

I dey on weed break sha. Hasn't been easy. Don't get dependent on this shit...

Too much financial grammar

Interesting times ahead

[/quote];[quote author=Seefinish post=123801204]I don't understand what I have just read.

same from here

I bet only educated people can comprehend the technicalities of the content of this stuff. People that say education is a scam …. I am sorry o

slimthugchimee2:
Omoh the grammar here strong pass me
People wey no understand shishi gather here

Abeg person help me explain

Lol. I'm also waiting for the experts to break it down for me.

[quote author= post=123801158]Following The Update[/quote]Since no be bad news u no go cover am

Who can break it down for us please? I don't gerrit atall

obembet:
Since no be bad news u no go cover am

Lol