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Nairaland Forum / Nairaland / General / Politics / We Should Just Adopt The US Dollar As Our National Currency (704 Views)
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We Should Just Adopt The US Dollar As Our National Currency by doncartel: 2:55pm On Feb 06 |
Imagine going to a market in Abuja or Lagos and buying foodstuffs with a 100 dollar bill and the seller gives you change of about 20 dollars. We go dey enjoy for this country oo. |
Re: We Should Just Adopt The US Dollar As Our National Currency by thesicilian: 2:57pm On Feb 06 |
doncartel:Lol You call that enjoyment What foodstuff do you currently buy that's up to 80 dollars in naira equivalent? Let's say $1 = 1,500, this $80 = 120k The earlier you guys know that you can't solve the inflation problems of this country simply by making a decree, the earlier you will calm down 1 Like |
Re: We Should Just Adopt The US Dollar As Our National Currency by seunmsg(m): 3:03pm On Feb 06 |
doncartel: And where will you get the dollar supply to service the need of over 200million people from? 4 Likes 1 Share |
Re: We Should Just Adopt The US Dollar As Our National Currency by matify83: 3:18pm On Feb 06 |
Those countries that have adopted the dollars as their national currency are not faring better either. Check out Zimbabwe, Ecuador, Porto Ricco, etc |
Re: We Should Just Adopt The US Dollar As Our National Currency by sunboy(m): 4:04pm On Feb 06 |
matify83: Puerto Rico is part of US and did not adopt USD as its currency. It spends US dollar as being part of the US. And Biden is their president. 2 Likes |
Re: We Should Just Adopt The US Dollar As Our National Currency by DenreleDave(m): 4:16pm On Feb 06 |
Same thing I wás thinking this morning 2 Likes |
Re: We Should Just Adopt The US Dollar As Our National Currency by MsAllison(f): 4:38pm On Feb 06 |
DenreleDave:Adenrele leave me alone |
Re: We Should Just Adopt The US Dollar As Our National Currency by GhaliNaaba(m): 7:00pm On Feb 06 |
doncartel:Nigeria naira has more purchasing power compared to dollar. Imagine going to canteen. Eba 4 @200 naira=800 Meat 3@200 naira=600 Pure water 2 @50 naira. Total=1450. Can a dollar buy this in USA? Not ever up to one dollar. 3 Likes |
Re: We Should Just Adopt The US Dollar As Our National Currency by Vinnie2000(m): 7:45pm On Feb 06 |
Totally supported. 👍👍 The way Nigerians abandon our league to watch the ever Exciting EPL matches, Let's just abandon the Naira kpatakpata! 😒 1 Like |
Re: We Should Just Adopt The US Dollar As Our National Currency by ivolt: 7:56pm On Feb 06 |
matify83: That's because no country willingly adopts the dollar unless its economy is almost destroyed. It is a symptom and not the cause. |
Re: We Should Just Adopt The US Dollar As Our National Currency by Contriman(m): 8:09pm On Feb 06 |
GhaliNaaba:Naira doesn’t have more purchasing power than naira I don’t know why you guys try to sell cheap lies. What can 100 dollars do for you? What can 100 naira do for you? If 100$ is 150000 naira then compare how easy it is to make 100$ In US and how hard it is to make 150000 naira. 100$ is even far above Nigeria minimum wage sh |
Re: We Should Just Adopt The US Dollar As Our National Currency by DMerciful(m): 8:50pm On Feb 06 |
Ask Emefiele to bring all the dollars you guys said he stole. Breeze don blow, Tinubu yansh don open.Now we know he doesn't know his left from his right seunmsg: 2 Likes |
Re: We Should Just Adopt The US Dollar As Our National Currency by kingtinnie(m): 9:45pm On Feb 06 |
Following your logic What can 100 naira do for you What can 100 ugandan shillings do for you Comparing the strength of the currency doesn’t negate the purchasing power … $1. Will get you a meal in Nigeria $1 won’t .. Contriman: |
Re: We Should Just Adopt The US Dollar As Our National Currency by doncartel: 12:50am On Feb 07 |
seunmsg: I think American central bank would regard Nigeria as one of their currency members and would then build a minting facility in Nigeria to produce dollars for Nigeria. They would be eager to do this because it will also boost their economy. |
Re: We Should Just Adopt The US Dollar As Our National Currency by GhaliNaaba(m): 1:32am On Feb 07 |
Contriman: |
Re: We Should Just Adopt The US Dollar As Our National Currency by GhaliNaaba(m): 1:33am On Feb 07 |
How much is your rent in Nigeria and how much is their rent in USA? doncartel: |
Re: We Should Just Adopt The US Dollar As Our National Currency by doncartel: 2:24am On Feb 07 |
GhaliNaaba: There will always be minor issues such as rent etc, but those issues can be efficiently handled and harmonized. |
Re: We Should Just Adopt The US Dollar As Our National Currency by seunmsg(m): 6:51am On Feb 07 |
doncartel: Really? That’s interesting! 1 Like |
Re: We Should Just Adopt The US Dollar As Our National Currency by Asswipemod: 1:07pm On Feb 07 |
seunmsg: Ah,ah! Kadoso Mutairu, don't tell me you can't recognize sarcasm. As big as you are. |
Re: We Should Just Adopt The US Dollar As Our National Currency by seunmsg(m): 1:11pm On Feb 07 |
Asswipemod: Really? Your point is also interesting, Mr. Sarcasm recognizer. 1 Like |
Re: We Should Just Adopt The US Dollar As Our National Currency by Asswipemod: 1:16pm On Feb 07 |
seunmsg:Yeah, really. |
Re: We Should Just Adopt The US Dollar As Our National Currency by healthcareinfo: 6:03pm On Feb 14 |
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Re: We Should Just Adopt The US Dollar As Our National Currency by Ofodirinwa: 6:12pm On Feb 14 |
doncartel: This is not a bad idea. A lot of countries are holding on to their useless currencies out of pride and ego. |
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