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Naira Bouncing Back Fuel Price Going Up Everyday .. - Politics - Nairaland

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Naira Bouncing Back Fuel Price Going Up Everyday .. by GEJDHERO(op): 10:36am On Oct 31, 2023
I bought fuel N625/litre on Saturday here ooo ...fast forward to this tuesday Morning...fuel is now N645 ...Meanwhile dollar is going down everyday.
Someone should explain the dynamics to me.
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by MyMouth(m): 10:40am On Oct 31, 2023
Nigerian are terrible, jus like those in government.
Nothing goes up and comes down easily.
It is easier for prices to go up and very difficult coming down. That's why prices shouldn't be allowed to go up in Nigeria in the first place
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by wittywriter: 10:44am On Oct 31, 2023
GEJDHERO:
I bought fuel N625/litre on Saturday here ooo ...fast forward to this tuesday Morning...fuel is now N645 ...Meanwhile dollar is going down everyday.
Someone should explain the dynamics to me.
Try add the fact that subsidy payment by FG is back.
That's BAT/BAAT(balabu) economy-dynamics .
APCheats.


Wittyness.
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by abhosts(m):
Sensational Press reporting is causing people to misunderstand the actual state of the Naira's value.

2 weeks ago, Naira was N1,020. Last week, it rose to N1,310 but today is about N1,180. For businesses that means dollar is about 15 percent higher than it was 2 weeks ago. It would only reduce prices of imported commodity if the dollar falls below the N1,020 it was 2 weeks ago and stays there.

Losing N300 to a dollar and gaining N100 is still a net loss in the value of the currency that still results in price hikes.
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by PARADIZEPRIEST: 11:25am On Oct 31, 2023
grin prices are like that because obj, jona, buhari did not build modern refineries.
https://dailytrust.com/hope-as-buhari-inaugurates-dangote-refinery-tomorrow/
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by PARADIZEPRIEST: 11:26am On Oct 31, 2023
thank God for things are getting better in Nigeria today. All economic sabotuers in Nigeria leave Nigeria alone,shun to greed,stop the noise about dollar,dollar is not our God. Nigeria is bouncing back with blessings GOD BLESS NIGERIA :DIFSHA. grin
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by GEJDHERO(op): 10:57pm On Nov 01, 2023
Bola should do something about this fuel thing
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by Birdbyrde440: 11:06pm On Nov 01, 2023
GEJDHERO:
I bought fuel N625/litre on Saturday here ooo ...fast forward to this tuesday Morning...fuel is now N645 ...Meanwhile dollar is going down everyday.
Someone should explain the dynamics to me.
Check out my post on binance and cz taking bribe.

The best thing you can do for your self and family is dump naira, empty your bank account
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by nototribalist: 11:56pm On Nov 01, 2023
GEJDHERO:
I bought fuel N625/litre on Saturday here ooo ...fast forward to this tuesday Morning...fuel is now N645 ...Meanwhile dollar is going down everyday.
Someone should explain the dynamics to me.
the dynamic is that you have malaria and you are hallucinating
Re: Naira Bouncing Back Fuel Price Going Up Everyday .. by GEJDHERO(op): 10:17am On Nov 02, 2023
nototribalist:
the dynamic is that you have malaria and you are hallucinating
Mumu man! ...AGBADO don block ur demented brain
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