pansophist:
Every single Nigerian contributed to this. We rather import than manufacture, we prefer foreign products, politicians stash money abroad, we import skilled people to build our infrastructure, we only export oil. Etc.

Nigerians, it's all your fault.

This is like saying it's the citizens of developed countries that made the country develop.


The leaders have the actual power to do something but are too incompetent. The only fault the citizens have is voting incompetent leaders.

Every country import.

Let them provide basic amenities first.

When will it stabilize

opamoses1:
Naira is finding its real value. No more padding it with $1.5 billion monthly.

It will surely stabilize then healing can begin.

Angelfrost:
I'm sorry Chief... You lost me there. Could you kindly clarify your position?!

Thank you.

We are in a free fall now, like Zimbabwean economy has been for years, since the fundamentals have changed for worse since 2015, and more so since May.

abhosts:
This is beginning to look like some people somewhere are sabotaging the economy. Call Buhari to account for our depleted foreign reserves.

Before nko?
What Works are the Policians doing?
You are Impoting more than Exports.

[quote author=Jenniestar post=126571781]Omo this is painful oo. Nigeria!!!
In case I might be of help to you for any academic assistance.

Karleb:
This is like saying it's the citizens of developed countries that made the country develop.

The leaders have the actual power to do something but are too incompetent. The only fault the citizens have is voting incompetent leaders.

Every country import.

Let them provide basic amenities first.

Who allows the leaders to emerge from among themselves? Can it be the people, who ultimately are the ones who have sovereignty

APC is curse to Nigeria

iwaeda:


https://leadership.ng/just-in-naira-crashes-to-n1210-to-us-dollar/

DeathToSimps:

Not true

You understand economics at all?

seguno2:


Unfortunately the pretentious progressives are not going to do anything to privatise and deregulate our refineries and NNPCL.

The man who has made this his signature policy was mocked by our “experts”.

People who went to borrow more Dollars to prop up the Naira...!

Everything begins and ends with borrowing.

Progressives indeed!

You grab and snatch power, yet you have no clue what to do with it.

According to someone:

"Nigerian government won't let you leave, and won't allow you live in peace"!

Renewed ope

Nigeria lo kan...

shopwiser:
The f××l doesn't clearly know what he is doing in power.

By Jan 2024.. it will be N2000 per dollar.


Shame on you all that voted him based on ethnic sentiment.

My happiness is that we are all feeling the heat, Nigerians can never ever learn.. nonsense

It would be 3000 per dollar by august 2024 i guess naira isn't worth much from the start, the Naigerian government may have being propping the naira up over the years.

This country sef

seguno2:


We are in a free fall now, like Zimbabwean economy has been for years, since the fundamentals have changed for worse since 2015, and more so since May.

Real free fall... Buhari simply put the nation on autopilot since 2015, and went about his personal business.

The fact that APC won consecutively in the last 2 elections shows that most Nigerians have no real desire to leave poverty.

I wish them well.

Tinubu na F9 in managing economy. Those sick senators should impeach him. He's gonna damage this country.

Basicend:
You people keep electing very old, sick, vegetable brains as your leaders in this country. .

Thieves that have stolen billions of dollars that can't feel any winds of a negative economy in the next 30 years. .

You had a Buhari. . You handed Barton to a Tinubu. . Same sick vegetables that can't even comprehend a paragraph of message in a paper.

The best years of Nigeria were during the PDP administration.

PDP administration sought competent hands to handle the sensitive affairs of the country regardless of tribe or language. They were corrupt in their own way but they steered the nation in calm waters economically.

Buhari came in, and with him came tribalism. Hausas headed 90% of the sectors of the nation. We all know how it ended. Then Tinubu came to build on the legacy of his predecessor by appointing Yorubas to head the majority of this sectors. The common thread in both failed administrations is their deep-seated tribalism which influenced their selection rather than capability. In fact, the only thing that remains is for Tinubu to just use Nigeria as collateral for more loans but even greedy investors will reject it because they cannot feel any pulse in the economy. Who wants to invest in a farm that has never produced fruits for more than 8 years now?

spencekat:
Go to BDC guys and buy. Open a domiciliary account and save it there. Naira is gone.

buy and hold physical bills. Anytime from now they will officially move to confiscate funds in Dom accounts. When you need your $$$ they will tell you they will pay the naira equivalent, at official rate of course.

Shey na this kin crash una dey look for 😂 😂 😂 I thought the dollar is now $1=100naira... Blame the v#lturegrillers , even the vultures are now rare these days.

123readygo:
Hmmmmmmm.

My only regret is selling all my money in July at 730. Now I would have been cashing in

Mumu talk

Is this the reason why he(tinubu) send 40 bags of rice to my community yesterday as palliative?

orriyomi33:
When will it stabilize

When it gets to 5000 naira per dollar, then it will stabilise at 4000..

shopwiser:
The f××l doesn't clearly know what he is doing in power.

By Jan 2024.. it will be N2000 per dollar.


Shame on you all that voted him based on ethnic sentiment.

My happiness is that we are all feeling the heat, Nigerians can never ever learn.. nonsense

With the way it is going. January is too far for 2000

Ebola should be arrested as soon as possible

bluefilm:
The way they say crash, you'll think it's a good thing as in prices crashing down or stuff like that.

But in essence, it simply that we are now in that town hall he was talking about not so long time ago!

Or could there even be another town hall different from what we are seeing?

na the same town hall my guy.

The blue town hall different from balablu, blublu, and bulaba.

Treadway:
buy and hold physical bills. Anytime from now they will officially move to confiscate funds in Dom accounts. When you need your $$$ they will tell you they will pay the naira equivalent, at official rate of course.

makes a lot of sense.

Can somone educate me pls

Wat is the disadvantage as naira is rising?

pansophist:
Every single Nigerian contributed to this. We rather import than manufacture, we prefer foreign products, politicians stash money abroad, we import skilled people to build our infrastructure, we only export oil. Etc.

Nigerians, it's all your fault.

How did the average Nigerian decide not to manufacture?

Did the Nigerian professionals refuse to take jobs offered to them, leading to employment of foreigners?

Do you even know that it's Nigerians who actually do the job the foreigners are hired to do?

How did the average Nigerian decide not to refine oil?

What nonsense are you even saying gaan?

Treadway:
buy and hold physical bills. Anytime from now they will officially move to confiscate funds in Dom accounts. When you need your $$$ they will tell you they will pay the naira equivalent, at official rate of course.

Ok.Keeping dollars at home?

Tinubu is a god sent

Is true providus bank sell dollar for me today in black market rate

/

You don't expect progress when criminals are in-charge of a country.

Foreign counterparts know our criminals and have no confidence in the country.

I am enjoying the show.

/

seguno2:


We are in a free fall now, like Zimbabwean economy has been for years, since the fundamentals have changed for worse since 2015, and more so since May.

I suspect Naigeria is heading the Zimbabwean way, no surprises.