₦airaland Forum

A lot of Nigerians still believe that Buhari failed woefully while a few of us think differently.

Here is a portion of an interview where the former president refused to bow to IMF in their call for him to devalue the local currency alluding t what could be the consequences of such action. Despite all the challenges his government faced, he managed to leave the naira at around N600 to a dollar in May 2023.

Fast forward to seven months after his exit, our currency has plummeted against the dollar to around N1450 on the back of devaluation, recording new low on daily basis. As a result, inflation, insecurity and other vices are on the increase to the extent that no one can predict how the current vicious cycle would end.

Surely, the man Buhari is too patriotic for Nigerians. We most times do not know our true friends.



https://www.youtube.com/watch?v=KIJXtpILkFE?feature=shared

My question is would you as a Dollar earning freelancer rather sell your had earned dollar for 1300 or for 600

Which favors you

As a Yahoo boy, will you rather trade your gift card for 1300 or 600

As a Nigerian in Diaspora, will you rather send your family building your house at 1300 or 600



Let's not decieve ourselves, Nigeria produces everything we use, only that it's fake and substandard


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PassingShot:
A lot of Nigerians still believe that Buhari failed woefully while a few of us think differently.

Surely, the man Buhari is too patriotic for Nigerians. We most times do not know our true friends.

And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with an increment of over 240%, what will you call GEJ who held dollar under 40% increment?

Emusan:
And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with and increment of over 240%, what will you call GEJ who held dollar under 40% increment?

Check your figures and come back with the right ones.

And no need to be agitated unnecessarily

PassingShot:
Check your figures and come back with the right ones.

Nothing to check, you can confirm rather!

Emusan:
And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with and increment of over 240%, what will you call GEJ who held dollar under 40% increment?

Tinubu is about to dwarf that record by increasing dollar by over 1000% in his first four years

Bobloco:
Tinubu is about to dwarf that record by increasing dollar by over 1000% in his first four years

Presently, Tinubu is already at 94% increment in less than 9months. Thou, the certificate forger can't take it to 1000%.

Are we to conclude that our current leaders are dumb?
I also read something about Emefiele warning against floating the ₦.

To me, yes they are.

solmusdesigns:



My question is would you as a Dollar earning freelancer rather sell your had earned dollar for 1300 or for 600

Which favors you

As a Yahoo boy, will you rather trade your gift card for 1300 or 600

As a Nigerian in Diaspora, will you rather send your family building your house at 1300 or 600



Let's not decieve ourselves, Nigeria produces everything we use, only that it's fake and substandard


.

Lols.

If you sell your dollar at 1300 or 600 makes not much difference.

A bag of rice when we were selling at 600 was around 20k, now we are selling at 1300 and a bag of rice is 55k..

You will have more naira with lower purchasing power if you sell at 1300.
You will have fewer naira with higher purchasing power if you sell at 600

Emusan:
Presently, Tinubu is already at 94% increment in less than 9months. Thou, the certificate forger can't take it to 1000%.

But be rest assured that Tinubu will beat Buhari's 247% eight year record in four years

He didn't devalue naira yet was subsiding with heavy amount ..what a waste leave it floated lets go to rethink our ways then we will know what to do

Emusan:
And the same few didn't think differently when GEJ was there.

dollar only increased about 35% throughout GEJ while the same Buhari you unpatriotic and the real enemies of Nigeria( yet claiming to be the most patriotic and lover of Nigeria) think differently for increased dollar with whooping 247%

So if the man Buhari is too patriotic for Nigerians with and increment of over 240%, what will you call GEJ who held dollar under 40% increment?

It's funny how even till now, people see Buhari as a hero and GEJ as a villain. Nigerians as a whole gave me a reason not to take interest in anything politics.

Coming from a Tinubu supporter.

You guys are funny.

Those that voted for Tinubu are 'accomplice' in this devaluation.

You must love your Tinubu, by fire by force. It is too early to wail. Vote for Tinubu again till 2050.

The Naira is in a free fall.

...and they said this man is a master strategist.

As this government d favour me and my family, make e follow favour others out there, but u see this dollar thing eeh....it's sweeting me...😁😁

This government will favour me and my family

Here are the Naira Devaluation Rates at the Parallel Markets under different Presidents since 1999:

Olusegun Obasanjo
1999 ₦90 = $1
2007 ₦125 = $1
38 Percent Devaluation in 8 Years

Umaru Musa YarAdua
2007 ₦125 = $1
2010 ₦150 = $1
20 Percent Devaluation in 3 Years

Goodluck Jonathan
2010 ₦150 = $1
2015 ₦220 = $1
46 Percent Devaluation in 5 Years

Muhammadu Buhari
2015 ₦220 = $1
2023 ₦740 = $1
236 Percent Devaluation in 8 Years

Bola Tinubu
2023 ₦740 = $1
2024 ₦1,470 = $1
98 Percent Devaluation in 8 months

Buhari is no hero so stop trying to make him one.

Emusan:
Presently, Tinubu is already at 94% increment in less than 9months. Thou, the certificate forger can't take it to 1000%.

Sure he will take it there

He doesn't have a shred of conscience

I hope as a Dollar is equal to 1400 naira, E dey favor those Useful idiaaats and their families.

Buhari did not only fail.... He should be studied in sch... How to crash the economy of a country in 8 yrs

Lmao. When Balablu is done with us, we will see Buhari as the greatest economist

Buhari and Tinubu are opposite sides of same coin

APC is a disaster

Things escalated quickly for the worse in this dispensation because tinubu was in a hurry to be seen as working, courageous and a man with a lot of guts.

He most especially needed to shift attention from the manipulation that brought him to power, coupled with a checkered credential that made headlines on international media on a regular basis.

For things to shift grounds, Nigeria must be led by someone with a lot of guts and the political will to step on toes. A few people have hijacked the destiny of this country and until a Daniel is come to judgement, the grip only gets stronger.

Throw Back

Kay25:
He didn't devalue naira yet was subsiding with heavy amount ..what a waste leave it floated lets go to rethink our ways then we will know what to do

Eight months gone, you are still rethinking your ways