lexy2014:


who are these "enemies of Nigeria"? is it those who said they wanted to float the naira?

has the same government who said it wanted to float the dollar and leave to market forces not reversed its decision and started defending the naira and regulating the price of the dollar?

Trial and error economic approach.



Na the renewed hope he promised us be this

Newswriter:
who said God is not wonderful.
Hope it crashes further than experts predicted

Most of the so called BDC are conduct -pipes for the CBN Former Governor - Emiefiele and his Fraudulent Management group and Politicians,for they don't do anything than Speculation and how to destroy Nigeria through Manipulation of her Currency( the Naira).
•Dollars to Naira should not be above N600- for this Great Country have what it takes to be great in terms of Huge Natural Resources, despite the Corruption during the Army rules of Abacha and co,till the Politicians,God has blessed us!
The remaining BDC Operators, should be removed ,with a very few exceptions leftover!
•It is only in Nigeria,where people are not doing anything Productive,yet are trying to undermine the government by mopping up Dollars, including the Cryptocurrencies! Is not done anywhere in the World!
Shame to the Criminals in our Midst!

So like play like play FG go keep dollar for 1400/1300 for the coming months and later he go start to rise anyhow and we go hope for to drop to 1400.






Emilokan regime was never ready for the job of renewed hope

ivolt:

That is not how it works.
When the dollar was floated, it fell freely too fast due to the believe
of many that a floated Naira will keep falling. Hence they bet against it.
The CBN made a U-turn and fixed it. Along with crackdown on outside bank trades,
it regained some value.
Now nobody knows the "real" rate. Not the CBN and not the traders.
If the traders sense that a CBN fixed rate is too low, they will start massive buying again
and it will start rising again.

Oga wetin me I no understand is why the naira keep gaining get prices of things I creases per week. Abeg explain.

Believeintruth:


But answer his questions naaaaa.

Oh, I answered the first one. I'm not saying that they're sensible questions or have the correct premises. I mean, China is, at least in theory, a communist country. So how is the fact it controls its currency news? And who says the CBN is not "defending the naira"?

Richtaiwo:
Obviously, it is gradually inching towards the official rate. Isn't it high time CBN reduced it to, let's say, N900/$ or 1k/$. And same thing be repeated when it starts converging again. With more effort, we might see the rate getting as low as 200/$ before the end of the year.

Very correct though I predicted between 300 - 400 per $1, will the the rate it falls to eventually in the coming months

kereman1:


Y do we Nigerians loves suffering and smiling, under the space of 6months the naira lost its value exponentially, none called for protest, none called for the head of the president or cbn governor.

The yoruba were singing "God will make a way".
The igbos were chanting "Nsogbo, Nsogbo".
The hausa were trying to stay alive.
The south south, full time bunkering.

It's a pity

In Nigeria, when a coordinated crying out is done, a crackdown is done on protesters ...without reprieve

naijapeepz:
Nigerians are so stupid, how can you call it Dollar crash ?

How much was Dollar to Naira just three months ago.

So if they take Dollar to 5k now and after one month of complaining, they bring it down to 3k.

You all will be rejoicing that dollar crashed

Omo I hate the way many people are thinking.

Dollar was about 700 before it went up and now it’s 1400 and I am hearing dollar crash dollar crash:

My own question be say how come the dollar dey dip against naira as dem dey shout but still on still prices of things dey go up, make person come explain to me.

Even if it falls to N500 , victim fc will still wail.

APC is engaging propaganda as one of the weapons to set fear in the minds dollar of hoarders to bring out the hoarded dollars in order for the Naira to appreciate further.

Richtaiwo:

What happened to, "it will get to 3000/$ before the end of March"? Even if the rate gets to half Naira to one Dollar, you enemies of Nigeria will still find reasons to continue screaming. By that time, it will cease to be Tinubu's doing but the effort of pitobi. Please find a way of getting the hell out of Nigeria. Gerrout.

God bless you.

JuanDeDios:

Oh, I answered the first one. I'm not saying that they're sensible questions or have the correct premises. I mean, China is, at least in theory, a communist country. So how is the fact it controls its currency news? And who says the CBN is not "defending the naira"?

You have admitted, but the APC propaganda guys are saying otherwise that it was because the expelled Binance, whereas we know that they are defending the naira by pumping USD.

Believeintruth:


Oga once again you are high on dried cow dung. He saw the issue of printing excess naira and he decided to remedy it, which agbado urchins like you alleged it was against Tinubu, only for Cardi B to implement the same policy of restricting cash around December last year.

He decided to remedy it by buying 100million naira election form. He decided to remedy it by making your parents queue for cash scarcity and some died on queues. Was he sleeping while printing 30trillion means and ways?, a so called CBN governor. You must be high on mkpurummiri.

JASONjnr:


Ogbeni, shut up.


Nobody will praise your dull president for inflicting suffering to the people he pledged to preside over to make life easy to.


The way the dollar was moving up, everyone predicted it will go beyond the limit.

Coming down to N1,400 isn't enough. He should reduce it to the nearest minimum.

Don't tell me that you're happy it's pegging at N1,400?🥺

He doesn't need any praise. By the grace of God, the true lovers of Nigeria will only support him to take Nigeria back to the path of success and also vote him for second term in 2027. You can cry for 1000 years if you want.

Putindbutt:

He decided to remedy it by buying 100million naira election form. He decided to remedy it by making your parents queue for cash scarcity and some died on queues. Was he sleeping while printing 30trillion means and ways?, a so called CBN governor. You must be high on mkpurummiri.

What ever he did with election form is his business, I am talking about his action to remedy the ways and means issue. You are not smart sha, in your bid regain control of the narration you are displaying the fact that you are not a sensible person.

so selling off ur money is now patriotism?

d 3dollz wey dey my gt akant, if dey touch am eh, ogun go kill dat bagga!

Believeintruth:


What ever he did with election form is his business, I am talking about his action to remedy the ways and means issue. You are not smart sha, in your bid regain control of the narration you are displaying the fact that you are not a sensible person.

What was he remedying when your parents were dying on queues?. You must be high on mkpurummiri. If you had brain, you know that what he did was political.

Richtaiwo:

What happened to, "it will get to 3000/$ before the end of March"? Even if the rate gets to half Naira to one Dollar, you enemies of Nigeria will still find reasons to continue screaming. By that time, it will cease to be Tinubu's doing but the effort of pitobi. Please find a way of getting the hell out of Nigeria. Gerrout.

How you real enemies of Nigeria think you're being patriotic by supporting mediocrity at all times need to be checked.

Believeintruth:


You have admitted, but the APC propaganda guys are saying otherwise that it was because the expelled Binance, whereas we know that they are defending the naira by pumping USD.

It's a lot of things. I think they've soft-pedalled on the misguided approach of taking loans to defend the naira that there was so much talk about one month or so ago. I have no doubt the fact they've paid off most of their foreign liabilities and the foreign reserves are rising are playing a part in these gains - I predicted this. The unification of the naira will also produce gains. But none of this is close to be being enough - as long as we don't fix security, electricity, and roads, currency stability and double-digit growth will remain an illusion.

Putindbutt:

What was he remedying when your parents were dying on queues?. You must be high on mkpurummiri.

The way you call mkpurummiri I think you just came out of rehab for treatment of crystal meth addiction. Oga try get sense naaaa. Who instigated all the queues and the collapse of the planned redesign of the naira? It is the same politicians, last year December there was serious shortage of Naira, but they ensured that it was kept quiet.

JuanDeDios:

It's a lot of things. I think they've soft-pedalled on the misguided approach of taking loans to defend the naira that there was so much talk about one month or so ago. I have no doubt the fact they've paid off most of their foreign liabilities and the foreign reserves are rising are playing a part in these gains - I predicted this. The unification of the naira will also produce gains. But none of this is close to be being enough - as long as we don't fix security, electricity, and roads, currency stability and double-digit growth will remain an illusion.

See bro mark my words you will soon hear that government has not cleared foreign liabilities. This government thrives so much in propaganda. Last week airline operators disproved the lie that government has cleared all their backlogs. This government is trying to use propaganda and blackmail to put Nigerians in line.

What we need in Nigeria is l tough laws, which works better that appeals . Our political leaders too are not living by example. A tough law will enable law enforcement officers to have warrants, and conduct raids on individuals and institutions guilty of money laundering and bring them to justice.

naijapeepz:
Nigerians are so stupid, how can you call it Dollar crash ?

How much was Dollar to Naira just three months ago.

So if they take Dollar to 5k now and after one month of complaining, they bring it down to 3k.

You all will be rejoicing that dollar crashed

Omo I hate the way many people are thinking.

Dollar was about 700 before it went up and now it’s 1400 and I am hearing dollar crash dollar crash:

That will tell you that we have more stvpid people without brains in Nigeria than we have reasonable people.

It's a sad reality.

Believeintruth:


The way you call mkpurummiri I think you just came out of rehab for treatment of crystal meth addiction. Oga try get sense naaaa. Who instigated all the queues and the collapse of the planned redesign of the naira? It is the same politicians, last year December there was serious shortage of Naira, but they ensured that it was kept quiet.

Keep quiet, why was the new naira notes so scarce that the dirty torn old naira notes were still the ones in circulation despite using billions to print new naira notes?. You're not only high on mkupurummiri, just also suffer short memory.

JuanDeDios:

Not sure it's cosmetic. If it's true they've paid off liabilities to foreign companies and foreign reserves are rising, that would not be enough for substantial gains in the long term, but it's not cosmetic.

Time shall tell

Putindbutt:

Keep quiet, why was the new naira notes so scare that the dirty torn old naira notes were still the ones in circulation despite using billions to print new naira notes?. You're not only high on mkupurummiri, just also suffer short memory.

Eyah go and finish your rehabilitation from crystal meth addiction. Until then you are yapping Nonsense.

APC supporters are sIaves. 😂😂 For many of them, they don't care whatever happens to the country or its citizens. They don't care about the present reality or the numerous problems we're currently facing in the hands of this failed administration. But as long as dollar gets to #1300 and remains that way, they'd celebrate it till Tinibooo's tenure is over. Useless sIaves holding on to little, insignificant things just so they can convince themselves and their fellow sIaves that their fuuIish, vegetable president is working. 😂
Didn't the duII so called president meet dollar at #400 at official rates? Now they're celebrating #1400 per dollar for something that's being subsidized. Mu-mu people with mu-mu president.

helinues:


You don't have the details about what transpired. Stop guessing

You are still jobless?

This is insane!

UnstableFC:



You are still jobless?

This is insane!

Says unstablefc

Believeintruth:


See bro mark my words you will soon hear that government has not cleared foreign liabilities. This government thrives so much in propaganda. Last week airline operators disproved the lie that government has cleared all their backlogs. This government is trying to use propaganda and blackmail to put Nigerians in line.

They know they might not have it too easy in the next elections due to their failures, that's why they're trying to reduce that effect by relying on propaganda.

naijapeepz:
Nigerians are so stupid, how can you call it Dollar crash ?

How much was Dollar to Naira just three months ago.

So if they take Dollar to 5k now and after one month of complaining, they bring it down to 3k.

You all will be rejoicing that dollar crashed

Omo I hate the way many people are thinking.

Dollar was about 700 before it went up and now it’s 1400 and I am hearing dollar crash dollar crash:

No vex baba....majority of Nigerians are foolish....only smart ones can reason like you, but unfortunately, the smart ones are in the minority

JASONjnr:
Tinubu met dollar at N700 to a single dollar and right before his eyes, it went up to N1,900. But we're praising his incompetence for subsidizing it to fall to N1,400.


Buhari met dollar at N200 and he left it at N700.

APC is all about noise and lies.

What are you exporting that will make your naira to gain strength against the dollar?