TooNoisy:
Great move. Emefiele stopped the sale to BDCs and even went after the owner of abokifx. The dollar went from 150 to 750 vs $ under his reign.

Speculators who are profiting at the moment should get ready. Naira will end up around 700 to a dollar. By 2025 when the Dangite refinery becomes operational, the naira will even appreciate further.

IconicR:
It's a gradual process, we will surely get there
Nigerians should be patient with us, remember we didn't promise an overnight change, only the deceitful messiah did that.
We met a huge mess on ground and only drastic decisions can make an effective change.

michlins:
who made the mess?

TooNoisy:
Great move. Emefiele stopped the sale to BDCs and even went after the owner of abokifx. The dollar went from 150 to 750 vs $ under his reign.

Speculators who are profiting at the moment should get ready. Naira will end up around 700 to a dollar. By 2025 when the Dangite refinery becomes operational, the naira will even appreciate further.

flokii:
Good initiatives from the present CBN boss.. watch how dollar will sell for #700 or less at black market.

IconicR:
Jonathan and Buhari

IconicR:
It's a gradual process, we will surely get there
Nigerians should be patient with us, remember we didn't promise an overnight change, only the deceitful messiah did that.
We met a huge mess on ground and only drastic decisions can make an effective change.

IconicR:
It's a gradual process, we will surely get there
Nigerians should be patient with us, remember we didn't promise an overnight change, only the deceitful messiah did that.
We met a huge mess on ground and only drastic decisions can make an effective change.

IconicR:
Not our fault, Jonathan and Buhari are responsible for where we are today but be rest assured that everything will be fine in no distant time

EngrKemp:
The real value of dollar to naira is less than N200.

The petroleum products import put lots of pressure on naira and constantly crashes it.

All past managers of nnpc in the last 20 years should face trial and persecution and all past petroleum ministers from 1999 till date should face sanctions and jail term .

Put our refineries in good shape and let us produce our own petroleum products..

Naira will bounce back to about N200 and the economy will become very productive.

CHIGIM:

U like trouble no be small

nlfpmod:


https://nairametrics.com/2023/08/18/cbn-brings-back-bdc/

1x2x3:


You will support a bad and incompetent Regime for 8 years, once their tenure is over, you register another moniker on NL to support the next failure while blaming the previous one you supported for 8 years.

IconicR:
It's a gradual process, we will surely get there
Nigerians should be patient with us, remember we didn't promise an overnight change, only the deceitful messiah did that.
We met a huge mess on ground and only drastic decisions can make an effective change.

Ejebleje:


I have saved this post. I will quote you later.

Bobloco:



But we were told that the first set of refined fuel will hit the market last July when subsidy was removed

Hmmmmmm!

KEVIND:

Moving in circles .
APC & Tinubu,let the poor breath ooo

KEVIND:

The blame game continues

walexpal:


This is actually a good move in my opinion as well. The illiquidity at the parallel market has continue to drag the price of dollar upward. The wise thing for government to do is to address the issue. The $3 billion dollars from Afrexim will help stabilize the market for a reasonable time pending when we are able to increase our crude oil production and possibly Dangote Refinery coming up.

IconicR:
Jonathan and Buhari

Brendaniel:


The same mess you people produced for 8 years is what you want Nigerians to be patient with these trial and error methods you people are still using?

Away from your matter now, These Tinubu and his cabinet are bunch of jokers, using trial and error formula to work when there is an almighty formula(fighting corruption) he can use but that will mean fighting himself.

Because Tinubu is the definition of corruption