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How Can You Spend More Than You Earn & Balance - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsHow Can You Spend More Than You Earn & Balance (267 Views)

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How Can You Spend More Than You Earn & Balance by nobaga(op): 1:35pm On Feb 19, 2024
How can a Country Import More than than they Export then cry and blame one another, others except THEMSELVES for the fall of Naira.

Yet claim with impunity that import is not the problem because they live, sleep, drink and eat on imports profits from the black market.

Your mumu is intentional with hypocrisy.
Re: How Can You Spend More Than You Earn & Balance by ChybuzzDD(m): 1:46pm On Feb 19, 2024
nobaga:
How can a Country Import More than than they Export then cry and blame one another, others except THEMSELVES for the fall of Naira.

Yet claim with impunity that import is not the problem because they live, sleep, drink and eat on imports profits from the black market.

Your mumu is intentional with hypocrisy.
Yeye defence

How about the Arab countries that produce nothing and import far more than Nigeria does, and still have stable currencies/economy from year to year.

The earlier you guys stop this rubbish defence and accept that the fact that corruption, mismanagement and Thief-nubu's hasty removal and naira devaluation are responsible for the current ordeals Nigerians are facing, the better for you and everyone else.
Re: How Can You Spend More Than You Earn & Balance by bigpriik: 1:48pm On Feb 19, 2024
ChybuzzDD:
Yeye defence

How about the Arab countries that produce nothing and import far more than Nigeria does, and still have stable currencies/economy from year to year.

The earlier you guys stop this rubbish defence and accept that the fact that corruption, mismanagement and Thief-nubu's hasty removal and naira devaluation are responsible for the current ordeals Nigerians are facing, the better for you and everyone else.
guy you too dense
do you know how much saudi earns from tourism?
Re: How Can You Spend More Than You Earn & Balance by nobaga(op): 2:14pm On Feb 19, 2024
Saudi Arabia has surplus from exporting oil alone not to mention religious activities about three pilgrimages a year from poor countries like Nigeria.

Mention a single export that gives Nigeria surplus.

Yet you die-hard importers of junk and used goods will use your last breath defending it while blaming others but yourselves.

Dey Play.

ChybuzzDD:
Yeye defence
How about the Arab countries that produce nothing and import far more than Nigeria does, and still have stable currencies/economy from year to year.
The earlier you guys stop this rubbish defence and accept that the fact that corruption, mismanagement and Thief-nubu's hasty removal and naira devaluation are responsible for the current ordeals Nigerians are facing, the better for you and everyone else.
Re: How Can You Spend More Than You Earn & Balance by ChybuzzDD(m): 2:53pm On Feb 19, 2024
nobaga:
Saudi Arabia has surplus from exporting oil alone not to mention religious activities about three pilgrimages a year from poor countries like Nigeria.

Mention a single export that gives Nigeria surplus.

Yet you die-hard importers of junk and used goods will use your last breath defending it while blaming others but yourselves.

Dey Play.
What happened to the funds from the oil you've been exporting since 1970??

You have squandered them with your jihadi allies from the other side and plunged the country into abject poverty and hunger.

We'll not forget the 2 regions that teemed up to destroy the country with their unbridled greed and corruption
Re: How Can You Spend More Than You Earn & Balance by Light777(f): 2:57pm On Feb 19, 2024
ChybuzzDD:
Yeye defence

How about the Arab countries that produce nothing and import far more than Nigeria does, and still have stable currencies/economy from year to year.

The earlier you guys stop this rubbish defence and accept that the fact that corruption, mismanagement and Thief-nubu's hasty removal and naira devaluation are responsible for the current ordeals Nigerians are facing, the better for you and everyone else.
You are partially correct as regards your second paragraph but your first paragraph is incorrect.

Saudi Arabia are world largest exporter of crude oil.. and also export other petroleum products.so in essence they export more than they import..Which is what our nation needs to start doing.
Re: How Can You Spend More Than You Earn & Balance by ChybuzzDD(m): 4:15pm On Feb 19, 2024
Light777:
You are partially correct as regards your second paragraph but your first paragraph is incorrect.

Saudi Arabia are world largest exporter of crude oil.. and also export other petroleum products.so in essence they export more than they import..Which is what our nation needs to start doing.
We're talking about other products here, not crude oil/ petroleum products, which Nigeria also exports
Re: How Can You Spend More Than You Earn & Balance by nobaga(op): 8:18pm On Feb 26, 2024
Until Nigeria kaput, these parasites will never stop. Unfortunately, IPA killing itself thinking it is killing the the dog.

ChybuzzDD:
We're talking about other products here, not crude oil/ petroleum products, which Nigeria also exports
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