iwaeda:
•Forex crisis hinders raw materials procurement, causes financial problem – NECA

•SMEs decry impending shutdown, Reps probe airlines, schools demanding dollars





https://punchng.com/forex-crisis-naira-plunges-to-1025-job-losses-factory-shutdown-loom/

Tinubu and his supporters are clueless. They just want to be in power. No understanding at all. Those that pegged the dollar at an official rate, were they mad? Didn't they have a reason for doing so?

He jumped in and instead of studying and understanding the situation on ground, he took a decision that was perfect in his empty skull without facing reality and now we are in this mess.

BOSSkesh:
All the saboteurs of our economy will face the wrath of tinubu and Allah

Seems you do not want to face reality.

FX boys don cash out


I day wait make BTC crash laikdis make I chop awoof buy Dodge charger oppress all there fraud boys for my street

sedIoyol:
Nigeria is caused with bad leaders

Are these leaders previously ordinary people, before they were allowed into office?

Or they were never ordinary Nigerians?

Are we Nigerians good people?

Do religious, cultural and business leaders also count as part of your bad leaders

nedekid:

Seems you do not want to face reality.

Seems you’re a saboteur

Naija Otilo Nigeria is gone.

Bliss52:




Thank Allah

Alhamdulilai

My next cash out go Go boy, e go plenty


Best news ever

If you cashout just $100 na 100k
If you cashout just $1000 na #1m

Go and learn KDP publishing and write a book
Go and learn yahoo yahoo and cash out small small amount
Go and learn Affiliate marketing.
Go and learn Forex
Go and learn Canva graphics designing
Learn Charcoal exporting





.

You ended up using same money to buy goods at highly inflated rates


A bag of rice sold for 7500 in 2015 but today it's 52k

clinician2x:
Be exporting ur kidneys na. This year you export one, next year you export liver

Why are you laiki dis, nitori Ọlọ́run?

All this started with subsidy removal. Immediately bobo Chicago made that statement, Nigeria just nose dived into hell. Worst part is nothing is being done to ease theis downward spiral. Tribalism go finish nigerians. Oya make una dey defend tinubu. I am even afraid to send money to my account in naija now because 1000 dollars today fit worth 400 dollars tomorrow for naija naira. Nonsense

BOSSkesh:

Seems you’re a saboteur

Boss, please what are the things that make someone a saboteur

Racoon:
Renewed, reloaded, and upgraded shege promax fully revised. And the balabloo-blu-bulava Lagos economic expert Tinuboeconomics misfortune and woes continues.

He did it woefully in Lagos with the stupendous IGR and left it in an unimaginable debt burden state. But I guess him and his zombies said "nah statistics we go chop"?

Now, the statistics is hitting them hard. Baba Tosibe CSU diploma certificate forger is a disaster unleashed after Buhari. Nigerians continue to brace for impact. The ride is getting more gwnopy, gwonpy.

Political and economic strategist has strategically diminished our naira...

Revolution or no Revolution?

Bliss52:




Thank Allah

Alhamdulilai

My next cash out go Go boy, e go plenty


Best news ever

If you cashout just $100 na 100k
If you cashout just $1000 na #1m

Go and learn KDP publishing and write a book
Go and learn yahoo yahoo and cash out small small amount
Go and learn Affiliate marketing.
Go and learn Forex
Go and learn Canva graphics designing
Learn Charcoal exporting

.

So you're a yahoo boy
And you're thanking Allah that your country's currency is weakening?
Wow. See brain

yesloaded:


You ended up using same money to buy goods at highly inflated rates


A bag of rice sold for 7500 in 2015 but today it's 52k

Then substitute your consumption for local goods

grandstar:
The CBN has to increase interest rates to a level it can start slaying inflation. If done, the Naira would become stronger. I won't be surprised if it hits about 800.

However, it's as though Tinubu is worried that any steep rate rise lest it tilts the economy into a recession. This is inescapable.

With a stronger Naira and lower inflation, the positive effect would outweigh the any recession or downturn it brings.

Cheaper prices are like a God send.

The CBN needs to open up to how much is in the foreign reserves. The government has kept mum about it. If the rumor that it has fallen to $4bn is true, the country might have no choice but to approach the IMF

What does CBN manufacture? What services are exported by CBN to earn dollars

APC!

Right now 1027

iwaeda:
•Forex crisis hinders raw materials procurement, causes financial problem – NECA

•SMEs decry impending shutdown, Reps probe airlines, schools demanding dollars





https://punchng.com/forex-crisis-naira-plunges-to-1025-job-losses-factory-shutdown-loom/

I thought the Naira was floating? Lol!

Tinubu is a complete failure and disappointment

Bliss52:


Then substitute your consumption for local goods

lol

Do you mean we import beans & garri too?

U forced local rice on Nigerians but local rice price still high than foreign rice

We get plank from our forest, go to plank market now to know the current price

Inflation is not all about substituting imported products for locally produced goods

No country is self sufficient, every countries import one thing or the other

We plant cassava in Nigeria but a bag of garri is now expensive than what it used to be before

Many of you guys failed common simple economics during secondary school days

Tinubu and his people simply lack the capacity to handle a national economy and they have lost control of it , most likely he would have done magnificently well as a Lagos state governor but as a president, it is obvious his understanding of national economics and economy is very limited but what can we do we are in it already after all EMI LOKAN

specialmati:
the wise men from the east knows that the old analog man is not updated with this century economics.they avoided him and some mudafuckers thought its hate. you dont hate someone that has nothing to offer.dollar may hit 1500 before july next year if this man is retain. i thought buhari was the baddest but we have the worst now supported by imported assholes from hell

Why can't the wise man from East turn the economy of East to the best in Africa??

KAM3KAZI:
How the fork do we keep getting it wrong

See question ooo.

Until Nigerians stop voting along tribal and religious lines at all levels of elections, until we have a system of elections that votes really count and we can punish politicians and hold them accountable, it will progressively get worse

Ever since the formation of this country, it has never gotten better. It gets worse with each government

BOSSkesh:
All the saboteurs of our economy will face the wrath of tinubu and Allah

This boy
Who are the saboteurs you're talking of
Just face your fake free stuffs and rest abeg

Bliss52:




Thank Allah

Alhamdulilai

My next cash out go Go boy, e go plenty


Best news ever

If you cashout just $100 na 100k
If you cashout just $1000 na #1m

Go and learn KDP publishing and write a book
Go and learn yahoo yahoo and cash out small small amount
Go and learn Affiliate marketing.
Go and learn Forex
Go and learn Canva graphics designing
Learn Charcoal exporting





.

you Neva no shege

Oboy this dollar for enter 2,000 before December.
All my life I never believed or supported Japa,but with what is happening now,sorry to say move.
With the way things are going ,anybody wey get opportunity to Travel na to Japa straight .
The Only people enjoying are entertainers ,sportsmen and those that earn foreign currencies.If you are not on that categories pls move.Even if it North African countries ,just move to start from somewhere
No hope for this country again.

No Wise political leaders at all in this country Nigeria is sinking 😭😭😭

Can we all stop with the Tinibu bashing.
The economy was a disaster before this man took the saddle but he grossly underestimated the rot and attacked the job impulsively probably out of excitement.
Now reality has hit him and he is as perplexed as u and I. Our country is like Lazarus that has been bound in grave clothes and the only thing containing the stench of our demise is propaganda.
We need a saviour to shout "Lazarus,come forth! "because even Peter Obi would have a migraine fixing this country at this point.
Write it down,dollar on Dec 25 will be 1230.

despite the fact that buhari was and is supposed to be the dullest and dumbest president we have ever had, i hope tinubu is not aiming to beat buhari record and achievement in that area and aspect but it will be a great disappointment to many who have earlier seen him as their messiah

Paraman:
Tinubu what's happening nah

Why wailing zombie?

Emilokan hasn't started o.

I used to think that anybody even a toddler is better than buhari. Walahi buhari better pass this tinubu