Taylor90:
Ebola supporters will capitalize on this Argentina currency devaluation now

Meanwhile Argentina own devaluation will favor them but Nigeria own don backfire

FYI Argentina president is 64yrs while Ebola is 91yr

No compare the two brains devaluating their currency

You’re everywhere constituting nuisance….. it’s like Tinubu is holding your dad balls …. You better get a life cos the crying go long gaaaaan for you

118% 😳😳😳😳

Taylor90:
Ebola supporters will capitalize on this Argentina currency devaluation now

Meanwhile Argentina own devaluation will favor them but Nigeria own don backfire

FYI Argentina president is 64yrs while Ebola is 91yr

No compare the two brains devaluating their currency

M kpuru mirri and cannibalism are bad for your mental and physical health.
Better seek mental health care fast before you hit the market square naked.

nedekid:
I wonder the point or significance of this story, to console us or what?
Metcheew.

As in!
They should not even dare to get any funny ideas.

Flangelo12:


What helps?

1. Improve balance of trade. How you ask? By increasing exports!
In Nigeria s case it's easier; if we truly saving N1T every two months from subsidy, why not fix our refineries? Palliatives is another subsidy fraud! (By the way, do you know ANYONE who received TraderMonie?)
If our refineries are working, we will not be importing fuel!
Devaluing your currency actually helps if you are an exporting economy! (China makes sure the yen is always lower valued against the dollar!)
Why is NO ONE talking about getting our refineries back to work so that Nigeria becomes a net exporter of refined petroleum products?

Flangelo12:


What helps?

Good governance

Good GOVERNMENT policies

Devaluation have never helped any country

Revolution2022:
Devaluation of the currency doesn't help the economy of a country.Nigeria has been devaluing the Naira.Still,the economy has not improved.

Argentina has one the strongest economy
G20

sonnie10:
Mumu people want to start changing the narrative. The current nose dive of the Naira has nothing to do with intentional devaluation.
What we are experiencing is a result clueless leadership and failed economic policies.
We have a self acclaimed book keeper who has no idea what simple economics of supply and demand is.

Tell us the strategy you would have implemented to make the Naira stronger. For how long will you continue to subsidize fuel and allow unscrupulous elements to keep feeding fat on the nations' Treasury?.

Nigeria has a youth population that lacks educational improvement. They believe the world is local with boundaries called their country. They are unable to apply what they learnt in school to the world realities and continue to deceive themselves based on tribal, religious and party lines.
They don't read to learn and apply their knowledge to daily realities, yet they want power to be transitioned to them(What a hypocritical youth). Check their comments here on Nairaland and other social media handles, you will spit because their words don't push out logical reasoning.
Where have we got it wrong. Let's change our ways, study to make educative comments.

UK has of recent increased interest rate continuously to battle inflation, though it's same model across the world but countries need to tilt theirs e.g while Nigeria increase her rate, supply sector should be worked on(Interest rate increase is a model that must be used),
Ghana has an Inflation rate above 42%(yet you rubbish your country Nigeria that has 23.%), in Africa Nigeria is among the Nations with a reasonable inflation rate (though not happy with it).
Please let us read, Government officials might be reading our comments on platforms to learn and develop on.

ACRI:
Inflation 142.4% wow

And Nigeria inflation is 22 percent and some idiot are shouting like it’s Nigeria own bad pass

Make I no tok my mind sha because some people go still justify the hard times flying around the country.

JasonNOTStatham:
I hope some countries don't copy this style

Copy a country and Economy in a mess, Argentine economy is not to be emulated, it is a failed economy just like Nigeria

Taylor90:


FYI Argentina president is 64yrs while Ebola is 91yr

He's overaged like Obi. Retirement na 60.

SunTzu123:

1. Improve balance of trade. How you ask? By increasing exports!
In Nigeria s case it's easier; if we truly saving N1T every two months from subsidy, why not fix our refineries? Palliatives is another subsidy fraud! (By the way, do you know ANYONE who received TraderMonie?)
If our refineries are working, we will not be importing fuel!
Devaluing your currency actually helps if you are an exporting economy! (China makes sure the yen is always lower valued against the dollar!)
Why is NO ONE talking about getting our refineries back to work so that Nigeria becomes a net exporter of refined petroleum products?

Why your Refinery can't work and if it works, it won't get crude supplied to it.
This guy's are more intelligent than ordinary Nigerians because of their access to informations that we all don't have.
The reason is basically because of the OPEC quota given to its member nations and the need for dollar for it's Forex reserve.
I can't go more than this, it's a public forum.
Please connect the dots.
Thanks

badoh:

Tell us the strategy you would have implemented to make the Naira stronger. For how long will you continue to subsidize fuel and allow unscrupulous elements to keep feeding fat on the nations' Treasury?.

Put policies in place that will support modular refineries not the white big elephant monopoly.

sonnie10:
Mumu people want to start changing the narrative. The current nose dive of the Naira has nothing to do with intentional devaluation.
What we are experiencing is a result clueless leadership and failed economic policies.
We have a self acclaimed book keeper who has no idea what simple economics of supply and demand is.

Tinubu has never said he was an economist. Tinubu's strong points are that he appoints people who know their job, Okonji-Iweala and even Charles Soludo have approved his policies.

If things aren't going well, it is because they were snappily done. If they weren't done, nothing would have been done.. He made the right call.

Until a finance minister and CBN governor are appointed , expected some turbulence.

Cemsorcems:


Agbado dogs, even if you miss anything of importance in the entire post, don`t miss the above quoted part, then compare it with what is obtainable in Nigeria before praising the failure in Aso Rock for his dumb foresight!

dimwit how would have changed the scenario? What would you have done to make dollars 150 naira?

sonnie10:
Mumu people want to start changing the narrative. The current nose dive of the Naira has nothing to do with intentional devaluation.
What we are experiencing is a result clueless leadership and failed economic policies.
We have a self acclaimed book keeper who has no idea what simple economics of supply and demand is.

so with your supply and demand, explain to us how you go turn 1dollar to 150 naira?

anonymous1759:



Get a life you’re sounding too dumb and stvpid

You are the one that is supposed to get a life.Ebola miscreants

lekankolade:


You’re everywhere constituting nuisance….. it’s like Tinubu is holding your dad balls …. You better get a life cos the crying go long gaaaaan for you

I love the way that guy is destroying you Ebola miscreants

SunTzu123:

1. Improve balance of trade. How you ask? By increasing exports!
In Nigeria s case it's easier; if we truly saving N1T every two months from subsidy, why not fix our refineries? Palliatives is another subsidy fraud! (By the way, do you know ANYONE who received TraderMonie?)
If our refineries are working, we will not be importing fuel!
Devaluing your currency actually helps if you are an exporting economy! (China makes sure the yen is always lower valued against the dollar!)
Why is NO ONE talking about getting our refineries back to work so that Nigeria becomes a net exporter of refined petroleum products?

how long do you think it will take to get the refinery up and running? 2 months? Tinubu told the labor chairman that the refinery would be fixed! How long did it take Dangote to build his? Do you think it is a day job! This project can take 2 years + to build! Most part will still imported!

YesDaddyTill203:

M kpuru mirri and cannibalism are bad for your mental and physical health.
Better seek mental health care fast before you hit the market square naked.

That guy is really killing you agberos

sonnie10:


Put policies in place that will support modular refineries not the white big elephant monopoly.

how long will it take to fix the refineries? Read up on all these things so you won’t sound dump! The only single fast approach to bring down dollar rate is stop all imports into these country but that will kill the whole eastern business because all ther goods are imported! China closed all ther borders and reduced drastically ther imports for over 40 years that is why they are where they are now!

Berrylite:


You go explain till you die a shameful death. Keep up the hating

where’s the lie here you agbadorian ? Why have you sold your soul to the devil?
If you check now, you’ll find out berrylite is one retched human being who has no hope in this world and will still go to hellfire.
You are a demon for supporting this evil government.

[It's obvious you are dumb..waste is space.at your age this is a comment.quote author=Taylor90 post=125113597]Ebola supporters will capitalize on this Argentina currency devaluation now

Meanwhile Argentina own devaluation will favor them but Nigeria own don backfire

FYI Argentina president is 64yrs while Ebola is 91yr

No compare the two brains devaluating their currency [/quote]

grandstar:
Argentina is a perennial basket case. It should be an economic powerhouse but bad fiscal and monetary policies are the bane of its economy.

It always spends above its revenue and lacks the backbone to cut spending. Cutting spending would mean slashing the bloated civil service, eliminating transportation and energy subsidies. These are untouchables, so things just go from bad to worse.

On January 1 1992, the Argentine Peso was fixed at $1-1peso. Today, it is $1-350 peso

Those who want the petrol subsidy to continue want the above to play out, This should be a warning.

Sharap there you demon!
Why can’t the government go against the people abusing the subsidy? Keep supporting rubbish for 30k. Hell awaits you. Demon!

Lastmankc:
You are the one that is supposed to get a life.Ebola miscreants

Spilling saliva all over NL won’t do you any good it’ll only make you look MAhd.

anonymous1759:


Spilling saliva all over NL won’t do you any good it’ll only make you look MAhd.

That guy is really killing you agberos and thugs

Emekaonline:


And what will Pandora orangutan supporters like you capitalise on when any news that is against the government is published?

when will you accept that this government has failed ? Just under 2 months o… why did you decide to sell your soul to the devil for 30k?

Okoroawusa:
This guy is an American agent
I hope Argentina doesn't go the way of Venezuela.

The U.S. spoils any land it sets it eyes on....I call them "the scavengers". Look at Venezuela, Libya, Afghanistan, Iraq and more.

Not true at all, but you're welcome to your opinion. Without the USA the world would be much, much worse of than it is today.

Good Luck to Nigeria.