Imagine stocks claiming gains on the devaluation of the Naira

Yes

He is right.... Nigerians are poorer under tinubu

Dialpad:
Within how many months in office you are already bringing fake statistics.
Don't you realize it might get tough before it gets better.
Many of us think a president has that magic hand to turn an economy saddled with debt around within 8months...
That's unrealistic

But Prof Ndubuisi, couldn't tell us or offers any Solutions!
Is he Investing in Nigeria or not?
Was he amongst those in Diaspora that came to vote?

Arobaga:
Mr track record



I still wonder someone that single-handedly built Lagos is now demolishing Nigeria this much



Nothing sweet illiterate say graduate no get work



That means nothing sweet Buhari say he don see who
He better pass

frankly I really wish buhari was in power now infact I would gladly revote him. Tinubu has made even abacha look like a saint. The hardship out there is too extreme

SalamRushdie:
Imagine stocks claiming gains on the devaluation of the Naira

I wonder o

Very silly

Truth234:


No, even him never argued with him. Yes, he knows me.

I know him on LinkedIn

TINTINABULATION:
Things first of all happen in the spiritual realm before they manifest in the physical. The growth of the Nigerian Stock Exchange is a pointer that good things are coming. This is the first time, after Olusegun Obasanjo that Nigeria has a decisive President.

Yeah, decisive in making us poorer.

This thing tinubu is doing is it good, that man won't die a peaceful death. Is it by force to rule a nation. Just look at the calamity, his government has caused. This his eight years would be very hot. Kidnapping is worst now.

Food items especially rice is increasing in price every minute, In fact, I'm getting scared of violence in the country.

christejames:







Tinubulation will reach everyone!

I jump am pass, thank God sey i no dey naija

Let's learn to produce as a nation, we will keep crying every year if we are thinking magic will happen without being a nation that produces.

VeeVeeMyLuv:

You don't have conscience o...
Walahi you are very insensitive and heartless


Bag of rice is going to 100k as we speak!
Now currently 60k

He is yet to review wages upward

People are still receiving what they were paid as salary in 2015!

Okay

Truth234:
What Ndubuisi said here is not true.

“That is why foreign investors are not coming for that 45 per cent gain because if you made 45 per cent on equity but lost 50 per cent on currency, with 30 per cent on inflation, you are poorer”, he said

Investors are not coming to Nigeria because of the nation's unpredictable policy changes and dollar illiquidity due to poor economic structure. It is dangerous if policy changes when you are already in, basically uncertainty.

But when it comes to making money. They will make money via arbitrage and several other methods. Nigeria's interest rate is almost 30% in most developed economies it is way lower, borrow money abroad and fix it here then do fx forward contract to lock your fund against inflation and fluctuation in naira value, so you can repatriate.

FX forward transfer. Lol!
Some had fx trapped for 8-3years. Ethiopian airlines has to exchange currency with dangote cement industries. Most importers us black market currently which has lost more than 70% last 9 months.

Who is Ekwekwe again?.

If you are poorer

Don't mean everyone is poorer

Right now there is the lifting up.

For some oh,

Mind you.

BigDawsNet:
His policy actually dropped millions of people in poverty...

I'm not sure what his trying to achieve tho


$1/400 to $1/1350

in the auto section, a seller got the curse of his life for advertising a 2009 Accord for N6m. I laughed very hard because the people cursing don't seem to understand the depth of the abyss Tinubu has plunged Nigeria into with his hardline policies; some, which appear thoughless.

Dialpad:
Within how many months in office you are already bringing fake statistics.

Don't you realize it might get tough before it gets better.

Many of us think a president has that magic hand to turn an economy saddled with debt around within 8months...

That's unrealistic

At what point do you think we should start judging his performance?
Is it when things gets further deteriorated.
Buhari started in almost similar fashion,and alot of NIGERIANS saw the signs quite early and called him out but some set of people were lenient and pleading for more time,and obviously he got the maximum eight years but tell me what was the result of the patience?

Dialpad:
Let's learn to produce as a nation, we will keep crying every year if we are thinking magic will happen without being a nation that produces.

These guys are shying away or completely avoiding their responsibilities, was that not why they were elected in the first place?

They have to initiate the process, set up the road map, creating enabling environment for the plan/vision to materialize.

There has to be political will to do these, deliberate

We are not saying that they should be involved in the operation/process

They can regulate and monitor

Arobaga:
Mr track record



I still wonder someone that single-handedly built Lagos is now demolishing Nigeria this much



Nothing sweet illiterate say graduate no get work



That means nothing sweet Buhari say he don see who He better pass

Arobaga indeed

Dialpad:
Within how many months in office you are already bringing fake statistics.

Don't you realize it might get tough before it gets better.

Many of us think a president has that magic hand to turn an economy saddled with debt around within 8months...

That's unrealistic

This nonsense talk of "it'll get worse before it gets better" is what you ronu chanters have been using to decieve yourselves since Buhari's tenure. Politicians love people like you because you believe anything despite the signs showing you otherwise.
I wonder if you'll say this same thing is Obi or Atiku was in power.

And this your last paragraph is crap. 8 months have passed and things have only gotten worse in this administration. If Tinubu doesn't know what he's doing, he should resign so someone else will take over

ajailer:
na one of the people wey fund Obi campaign be dis.... he never get over the loss, so I totally understand if he sees nothing good under this new administration......

shebi he is based in Amelica nah. 2027 go come, una go loose again insha allah.

Point out 1 lie in what he said or forever keep shut!

The stock market is trying to overcome the devaluation of the Naira. It only helps those who are invested to stay afloat. The current government is the worst after Buhari in terms of economic policy. Starting a government on a very bad note shows that we are in a long and rough ride.

The likely factors driving the market include but not limited to inability of foreign investors to repatriate profits, which they are forced to reinvest in the market, fast approaching earning session and the expectations of good dividends and low interest paid on savings and fixed deposit accounts. Obviously, the PFAs are not the driving force of the market at this time. Demand is high but supply is low hence price would increase

Dialpad:
Within how many months in office you are already bringing fake statistics.

Don't you realize it might get tough before it gets better.

Many of us think a president has that magic hand to turn an economy saddled with debt around within 8months...

That's unrealistic

Keep on defending the incompetent government. There is hardly anything the government can do that will be worthwhile unless they reverse the free float of the Naira.

starpower:
FX forward transfer. Lol!
Some had fx trapped for 8-3years. Ethiopian airlines has to exchange currency with dangote cement industries. Most importers us black market currently which has lost more than 70% last 9 months.

Fx forward contract not transfer. Airlines can't do it because of their business structure. Also, there are other means to make money in Nigeria.

Truth234:
What Ndubuisi said here is not true.

“That is why foreign investors are not coming for that 45 per cent gain because if you made 45 per cent on equity but lost 50 per cent on currency, with 30 per cent on inflation, you are poorer”, he said

Investors are not coming to Nigeria because of the nation's unpredictable policy changes and dollar illiquidity due to poor economic structure. It is dangerous if policy changes when you are already in, basically uncertainty.

But when it comes to making money. They will make money via arbitrage and several other methods. Nigeria's interest rate is almost 30% in most developed economies it is way lower, borrow money abroad and fix it here then do fx forward contract to lock your fund against inflation and fluctuation in naira value, so you can repatriate.

yeah the interest rate is currently at a premium. Except the cbn governor intends to keep hiking rates, it makes no economic sense to invest now when you cam do that at a discount & avoid the draw down.

Lanretoye:
These people sha,they should just put Jesus on the ballot paper,since they want a president that will turn nigeria to america in 8months.look at his name self.
A professor talking about foreign investments in a ctippled economy and a new administration with staggering policies,thats the kind of professors they have there.
In 8months now,foreign companies should have littered every city,ptofessor indeed.even secondary school student should not reason like that

So,the president cannot fix the country in 8 months, that's understandable.
To keep the country as he met it for 8 months is understandable.
But to destroy the country in 8 months?
All his policies are destroying the country,not one of his policies has help the masses.
Statistically,at least one of his policies should have helped.

The psychological satisfaction of the president being from my region is far more important than receiving the dividends of good governance. Nepotism over performance any day.

Dialpad:
Within how many months in office you are already bringing fake statistics.

Don't you realize it might get tough before it gets better.

Many of us think a president has that magic hand to turn an economy saddled with debt around within 8months...

That's unrealistic

APC, Buhari, and Tinubu claimed it was possible in 2015...!

If you expected Jonathan to do wonders within 4 years, why should a different standard be brought now?!!

symbianDON:
in the auto section, a seller got the curse of his life for advertising a 2009 Accord for N6m. I laughed very hard because the people cursing don't seem to understand the depth of the abyss Tinubu has plunged Nigeria into with his hardline policies; some, which appear thoughless.

Why don't we too stop Importing these and that and become self-sufficient,like South Korea, even though, their neighbours of 25km( North Korea) is poorer than the rest of the region,so how many goods are we exporting to other Countries to earn good Foreign Exchange (FOREX)?
So, because you are Importing Cars or Vehicles since many Decades now,Tinubu is not good.
Stop Importations for it put Unnecessary Pressures on the Naira!
Be Truthful to Nigeria once!

Dialpad:
Let's learn to produce as a nation, we will keep crying every year if we are thinking magic will happen without being a nation that produces.

How can we produce with a hostile economy and high level of insecurity?

Pls Those that voted for tinubu are not suffering, they all have a subsidised card to live in Nigeria, they're still buying fuel 86 naira per liter, Rice is a 8000 naira per bag, Dollar is still 199 Naira, so get ready to suffer cos they'll continue voting tinubu