greenermodels:
It's only Obidients that would be paying the new rates, Agbadorians would enjoy 40% discount from the old amount in return. Sai Tinubu.

Blaze14k:
According to agbadorians this is for the benefit of nigeria. The only reason am happy is they are suffering the hardship as well.

LET THE POOR BREATH

GWMI:
So many people just wish Tinubu failure not knowing that wishing him failure, doesn't mean he will fail.
Let's see what happens in weeks to come as we survive this new Government policies.
But one lesson learnt is that, Nigeria was a highly subsidized society now all subsidy is going we got to bear the heat.

xpressionx:
They are ashamed to start complaining.

Sane people warned them.


White powder leader has scammed them

Blaze14k:
According to agbadorians this is for the benefit of nigeria. The only reason am happy is they are suffering the hardship as well.

LET THE POOR BREATH

GWMI:
So many people just wish Tinubu failure not knowing that wishing him failure, doesn't mean he will fail.
Let's see what happens in weeks to come as we survive this new Government policies.
But one lesson learnt is that, Nigeria was a highly subsidized society now all subsidy is going we got to bear the heat.

Nononsense247:

Shutup ... Those that wish and wants Tinubu to fail are enemies of this country ... Premature death shall locate them ..

NuCypher:
The bigger question is if the customs is transacting in dollars or naira? This is a very important question we should be asking, if the government itself can start dollarizing the economy. Last I checked, we spend naira in Nigeria, not dollars.

Godszilla:
•Customs raise exchange rate from N422/$ to N589/$, operators kick as import duties jump

•Economists berate FG, say policy will cause job loss, impoverish Nigerians, worsen hardships


https://punchng.com/naira-devaluation-pushes-up-vehicles-duties-by-40/

BreconHills:


PBAT and VPS warned that difficult times lay ahead for Nigeria. They told everyone that they would have to make difficult choices. They were very clear unlike two other candidates who kept mumbling at low decibels saying nothing out of fear. In the end the people chose clarity over vagueness. This is why in one week PBAT was able to push through wide ranging and necessary reforms without a murmur. Even the TUC and Labour knew that they had no public support with a strike.

It's going to get even more difficult as the electricity tariffs go up in July. It is either this generations pays for success or their children do. Nigerias debt has come through. I am proud to belong to the generation that pays the price for a new Nigeria in our life time.

tuoyoojo:
All these changes that has been made by this tilibu government, which one has brought succour to the masses

There is increase in almost everything but the govt is giving nothing back to the masses

Or is it only those who are in APC that are secretly enjoying the changes

DeLaRue:
Customs can't have a different exchange rate from the government 's own rate. All government agencies will adjust to the new official rate. They have no choice.

What those involved in car importation should lobby for is a reduction in the import duty.

Mr Buhari 's government increased it to 40% in order to encourage local production of cars, but 95% of car buyers in Nigeria can't afford a new locally produced car. So, the policy doesn't appear to be working.

Therefore, import duty should be reduced to 20% max until further notice.

Nononsense247:

Anyone wait or wishing or wanting bad news from the current administration will never know peace in their house hold

GWMI:
So many people just wish Tinubu failure not knowing that wishing him failure, doesn't mean he will fail.
Let's see what happens in weeks to come as we survive this new Government policies.
But one lesson learnt is that, Nigeria was a highly subsidized society now all subsidy is going we got to bear the heat.

TsbAfrica:
Watch them rejoice .... I have never seen people with such narrow minds. People who rejoice when there is problem, as long as it satisfies thier warped perspective

Nononsense247:

Anyone wait or wishing or wanting bad news from the current administration will never know peace in their house hold

xpressionx:


Those that support evil and drug addicts to bring suffering upon innocent and hard working citizens will not live to see the end of 2023 with the entire families

Samakus:
This Customs raise of exchange rate from N422/$ to N589/$ will favour me and my family

lexy2014:


Did anyone force the administration to dish out bad news?

Samakus:
This Customs raise of exchange rate from N422/$ to N589/$ will favour me and my family

wasuka14:
No matter how anyone kick. Certainly government can't continue to pay subsidy on dollars and petrol. That's the fact. Let's face it and find different solutions arround it. There is no problems without solutions. This is an Era of thinking, Era of looking for different solutions to the problem we face instead of kick and complaining. Let's think.

Wetin concern subsidy with import duty increase?some of you really need psychiatric evaluation.

Flets:
Nigerians have no clue what is coming, It will be almost impossible to survive for some.

For an import driven economy like Nigeria, this is a dead end and if Nigerians are lucky, there might be an uprising that the FG might be unable to manage. Otherwise... many will die and the deaths will be in large numbers.

Samakus:
This Customs raise of exchange rate from N422/$ to N589/$ will favour me and my family

Nononsense247:

If in me I don't support evil and sufferings for Nigerians may your whole family not know peace... And also if you didn't see yourself physically where Tinubu is taking drugs sufferness will never leave your life

XY23:


Would 'non-rejoicing' change the outcome of knee-jerk policies? The fix you folks are in is that you can't admit the man you touted to have the MIDAS TOUCH have made grievous policy ERRORS. How does people complaining about hardship translate to ill-intentions? Hailers like you are the reason Nigerians have not enjoyed good governance since 1999.

PS: Many Nigerians have had it so bad that they don't feel they deserve exceptional governance. Sad thing as the older generations passed it to this one, we would equally pass it to the next. Less than 2000 people continue to plunder our resources. Talk about classic STOCKHOLM SYNDROME.

grandstar:


The reality us that the 8 years of the Buhari administration completely messed up the economy, dragging it down and loading it with mountains of debt.

So, correcting it won't be easy. The 2 most painful reforms have already been implemented which are ending fuel subsidies and the unification of the exchange rates. These 2 policies will not only reduce waste but massively increase government revenues overnight.

It is also too early to judge things. Ministers have yet to be appointed. Who would be appointed as the finance minister is crucial as well as the next governor of the central bank.

Today marks the 28th day of this government. A better flashlight might be first 100 days in office.