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Nairaland Forum / Nairaland / General / Politics / FG Raises Exchange Rate For Cargo Clearance To N951/$ (17612 Views)
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FG Raises Exchange Rate For Cargo Clearance To N951/$ by ogododo: 9:47am On Dec 07, 2023 |
The Federal Government through the Central Bank of Nigeria, has raised the exchange rate for cargo clearance from N783/$ to N952/$. https://punchng.com/fg-raises-exchange-rate-for-cargo-clearance-to-n951/ 2 Likes 1 Share
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Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Monicaben5r: 9:48am On Dec 07, 2023 |
Hfygd 1 Like |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by TemplarLandry: 9:48am On Dec 07, 2023 |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by abhosts(m): 9:53am On Dec 07, 2023 |
These demons in power no longer hide their intentions impoverish as many Nigerians as possible. Ironically, it is working because the poorer Nigerians get, the more they love APC, or how do you explain APCs recent landslide wins in Kogi and Imo?. 155 Likes 13 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Bobloco: 9:55am On Dec 07, 2023 |
Every single day, Tinubu's calamitous economic policies keep moving millions of Nigerians into poverty 135 Likes 17 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by PUSSYHOE(m): 10:16am On Dec 07, 2023 |
My tribal man president will kill us all. God he will kill us all. 107 Likes 10 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Artscollection: 10:41am On Dec 07, 2023 |
Idiots are high on morphine, you can't export and people that are managing to import is been discouraged as if there is a solution at hand. Basic car clearance is over 3m now. 56 Likes 6 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by IamAtikulate: 10:47am On Dec 07, 2023 |
Things would be more expensive now. 32 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 10:54am On Dec 07, 2023 |
Bobloco:Look at that, cargo clearance. Y'all turned the country into a dump site with all kinds of junks being wasted on dollars, shameless wailers. During the election, they were screaming "from consumption to production" yet they are the biggest culprits of importation. Crying over another man's currency than to strengthen the local currency. 33 Likes 6 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by RepoMan007: 10:56am On Dec 07, 2023 |
That's to mean import dependent commodities are about to cost more to deliver. 9 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Bobloco: 11:09am On Dec 07, 2023 |
femisplash: What are you producing Tell one single thing you produce 145 Likes 18 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by jmoore(m): 11:13am On Dec 07, 2023 |
femisplash:The device you used to post this was imported. The petrol they use to run generators were you pay to charge your device was imported. Your Tinubu is borrowing another man's currency. You are 'accusing' a particular set for importing. Do you know how much FG generates from import duty? Dey babablu dey go. 176 Likes 21 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 11:19am On Dec 07, 2023 |
Bobloco:Exactly the point, let's keep importing everything including toothpicks and eggs and naira keeps going down. Trash 4 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Kukutente23: 11:23am On Dec 07, 2023 |
That means price of goods will rise further Good news for govt, bad news for the people APC stifling the people since 18BC 22 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 11:31am On Dec 07, 2023 |
jmoore:College kids in Asian countries cobble together the phones imported, you look for dollars to bring these phones while college kids get paid, aren't you shameless?. it is corrupt minds like you that had deliberately sabotaged the refineries so they could keep importing fuel. No nation develops with 90% import dependency. This lazy and greedy mentality has to stop. 7 Likes 4 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by jmoore(m): 11:33am On Dec 07, 2023 |
femisplash:Ode! December don reach. Where is the portharcourt refinery as promised by your APC? 111 Likes 10 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by ambale(m): 11:35am On Dec 07, 2023 |
femisplash: What efforts have the current government put into developing local production Making importation difficult will only jack up prices more Abi una no dey live this country ni? 58 Likes 6 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Nonny95: 11:40am On Dec 07, 2023 |
femisplash: Mรปmu What have you produced in this life? Let me not even talk about your kids of you have any. 57 Likes 5 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 11:47am On Dec 07, 2023 |
jmoore:You support past governments that looked away when our refineries rot away but here you are being unpatrotic to a government making frantic efforts at resusitating the refineries. 8 Likes 1 Share |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 11:52am On Dec 07, 2023 |
ambale:Government is giving waivers and tax holiday. 1 Like 3 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Kukutente23: 11:54am On Dec 07, 2023 |
femisplash:Stop capping trash. Nigeria export more than we import 24 Likes 1 Share |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by nedu666: 11:57am On Dec 07, 2023 |
femisplash: Let's start with you What do you produce? 45 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 11:57am On Dec 07, 2023 |
Nonny95:With the rage within me, if i had the power, i'd lock up everyone of you importing fake fabrics from China to destroy indigenous fabric business. wicked souls. 8 Likes 1 Share |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by happney65: 11:58am On Dec 07, 2023 |
Very very I say unto you. Obi dey learn truly.. 1 Like |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Streetdoctor: 11:59am On Dec 07, 2023 |
Bobloco:dont mind all these idiots still eating mama thank u 27 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by nedu666: 12:01pm On Dec 07, 2023 |
femisplash: Leave your rage. What do you produce 34 Likes 3 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by grandstar(m): 12:02pm On Dec 07, 2023 |
femisplash: The only way the Naira can be strengthened is for the CBN to raise interest rates. This will immediaty be beneficial. In the long run, only an export or perish policy will make the Naira soar in value. Note: Too strong a Naira will harm export competitiveness. Buy locally made goods will not improve the Naira value. You can even go furthe and successfully ban the importation of all goods services and the Naira's value won't rise. It may actually depreciate. 10 Likes 2 Shares |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 12:13pm On Dec 07, 2023 |
Kukutente23:Trade surplus(in value) where 82% of exports remains petroleum oil, same ol' same. 2 Likes 1 Share |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by Kukutente23: 12:16pm On Dec 07, 2023 |
femisplash:What difference does that make? Are you saying if it's petrol it won't count as export 5 Likes |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 12:18pm On Dec 07, 2023 |
nedu666:Why are you guys so aggressive about importation?, has it not done enough damage on the economy? |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by MuchAdo: 12:21pm On Dec 07, 2023 |
ok |
Re: FG Raises Exchange Rate For Cargo Clearance To N951/$ by femisplash: 12:22pm On Dec 07, 2023 |
grandstar:On the monetary side, you're right, however, on the fiscal side, government needs to protect local industries, not banning all importation as you have alluded. 2 Likes 1 Share |
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