Geovanni412:


The governors are the biggest problem of Nigeria

If all of them are serious and create good environment for production of food in their areas, price of food will drop

Why should Abia state be importing yam from Benue state or Taraba state?

Every state should provide enabling environment for farmers and good security network

That way, price of diesel will not be a heavy influencing factor in food price.

monex:


Dont mind the guy. We all understood,

Note though that the correct terminology should have been " depreciated downwards to 1000". In currency pair trade, one currency has to be the commodity. In your write up, the commodity was clearly USD therefore it is USD that depreciated from 1800 NGN to 1000 NGN.

the downwards is also unnecessary as depreciation already means downwards.

ThunderFireAgba:

That's my latest picture. The real me.

callthefred:


Do you really think Peter Obi would have done better under a year considering the conditions met on ground? Because if government had refused to float the naira our reserves would have been badly depleted by now and we all know that speculators and bad eggs amongst us are actually responsible for many of these round tripping. You can blame Tinubu for anything else but those decisions were supported by all candidates including removal of subsidies so what exactly do you think Obi or anyone would have actually done differently to save the naira within a year knowing we import our fuel and essentials. Y'all just always bitter your man lost and for that reasons praying hard that Nigeria collapse.


I never voted or supported Tinubu but anyone with a functional brain knows that what he met on ground and attitude of Nigerians was terrible. Dollar had been on the rise for weeks and prices refused to go down and yeah government must be blamed for that too

Geovanni412:


The governors are the biggest problem of Nigeria

If all of them are serious and create good environment for production of food in their areas, price of food will drop

Why should Abia state be importing yam from Benue state or Taraba state?

Every state should provide enabling environment for farmers and good security network

That way, price of diesel will not be a heavy influencing factor in food price.

theredaddy:



I cross the road with my eye opened common sense suppose tell you

Maybe if i was born yesterday i would have believed explaining or shalaying will solve anything when dealing with Obedient/children of hate

I mean what explanation has not being giving to sensitize the PUBLIC, besides why do we have to convince people to think good towards there country,

No matter the number of times arsenal as failed me, i am still hopeful & optimistic arsenal will carry cup every season ... i can't just fathom why a Nigerian living inside Nigeria wil be jubilating and speculating the downfall of his/her country ... is that not madness

Dennisochampa:
.
But I never come beg u and your papa na God no go allow me reach that level wen I go dey beg

Make u and hoebi go rule una village... Hoebi should forget about 9ja

Ofunaofu:
.....

dettolgel:


I was right because of all the things you wrote up there, there is no single statement that addressed the issues I raised. Rather you were busy making it personal.

I will humor you and come down to your level maybe we can make a head way.

1. Are you optimistic that Arsenal will do well down the road because you believe that they have the right players and right coach and that after every defeat the coaching team go back to the drawing board to review their error and try to adjust for the next game or you based your loyalty on blind trust?

2. If you invest in a company and year in year out they have been bleeding cash without any strategic move to turn things around will you continue to throw money in it or will only continue to throw money in it if you are certain that the new steps they took will yield profit?

3. If your answer to any of the above is solely based on blind loyalty then I am sorry to tell you, you are the type that can easily be manipulated into wearing suicide vest.

By the way, because you weren't born yesterday does not automatically make you right. You could be old as Bleep and still be as dumb as a rock.

Dennisochampa:


Again, if e cheap, why u dey lament... If u fit buy am, why not buy as much as u can Instead of telling us your life's history on nairaland

IfnobeGod20:

Hope without work is failure. You cannot continue to hope and still be doing the same thing and expect different results. Ka ma ri loluwa orun wi.
This your hope had took many to their early grave and I pray with all sincerity that many would not join.
Let your hope be laced with work and you will see the wonders that it would birth.
No developed country hope, they are find doing the right thing and they get the thing done. This your ideology is what has kept the country on its knees till date. During OBJ we were told to be patient that things will be alright. During Yar'adua it was the same. During GEJ we were pacified to be patient with the government that things would be better. Ah! It was a serious message during Buhari's regime. Just be patient with his government, you know he is baba go slow, he will surely get the economy fixed. Today we are in the same shoe of hoping for better days. Please den swear for his country, that we should be hoping and hoping till the whole country is wiped out?
Continue to be hookng and not do the right thing for your children, you will discovered you've bred vagabonds and touts.

Zeebuy:

I go soon buy your ancestral land and dig up the graves of your useless ancestors

theredaddy:




Is Tinubu trying to revamp the economic on wishes or you saw Cardoso throwin coin into the waters to make wishes ... what prompt that dumb question

One of our major problem in Nigeria is "saboteurs" ... even when govt come up with brillant policies you have some bastards racking there heads on how to counter the policy, exploit it for selfish gains

To you its just a ordinary bad wishes, but they have vested interest. show me one british wishing Uk crumble

theredaddy:
■You right english so well yet you sounded outrightly like an illiterate Despite all the explanations written on line, appreciation of naira can only reflect overtime una still det spew rubbish. I think most you just hide behind the market prices to vomit una wicked thoughts, you people never wish the country get better. those wishing the economic to fall, whatever there gain is naa on top terminal sickness dem go dey spend am, there loved ones no go ever dey alright

theredaddy:
■ If you can open your eye to see,all these epistle is unnecessary who is telling you to hope ? i stand is as Naira is fighting to regain value those thinking it will reflect instantly on prices of goods should exercise patients, bad travel on the speeed of 6G yle good roll on GPRS ...
■ The difference between the era of past leaders and the present is the revolution of refineries we are witnessing ... dangote refinery and its relieving impact on our import deficit and dollar demand is a valid HOPE Price of diesel is at how much now, 2 x reduction just within two weeks, if thats not HOPE what do you call it

StOla:


You are academically challenged.

Can currency exchange to a dollar appreciate from 1800 to 1000, as an upward movement?

Is that not a downward appreciation?

Olodo!

IfnobeGod20:

The question you should have dealt with is, what did Tinubu do when those conditions were heaped up by the last administration? What did he say? What corrections did he proffer? Instead he kept mum for 8 good years until election came and he discovered that they are working against his interest, he began to talk. That's more of hypocrisy and self interest protection.
There's no way you will exonerate Tinubu from the maladministration of the last government while he was vocal during Jonathan's regime but lost his voice during Buhari's regime. The oppositions were on top of their voices complaining but their voices were suppressed by the same people in the helm of government today and their supporters.
There's nothing can be done the truth, whether we like it or not. APC and their handlers are the architect of the problems we are facing today and they should face it and stop looking for scape goats to hang. Those rejoicing over the issue have warned in the past and there is a common saying that says, to be forewarned is to b forearmed. They have their right to rejoice over government's negligence.
My advise, the government should face squarely governance and stop looking for scape goats or imaginary enemies somewhere. The supporters should also know that every government all over the world will always have opposition or people with deferring views, they should stop seeing people with differing views as enemies of the nation. They are not and will not be because they are part of the system and anything that affects the system also affect them. You won't be surprise that many of them even love the nation than the so called leaders or their supporters because if those leaders so loved the country, they would not be embezzling the common patrimony the way they are doing.

Dennisochampa:


Cry me a river

theredaddy:



If you can open your eye to see,all these epistle is unnecessary
who is telling you to hope ? i stand is as Naira is fighting to regain value those thinking it will reflect instantly on prices of goods should exercise patients, bad travel on the speeed of 6G yle good roll on GPRS ...

The difference between the era of past leaders and the present is the revolution of refineries we are witnessing ... dangote refinery and its relieving impact on our import deficit and dollar demand is a valid HOPE

Price of diesel is at how much now, 2 x reduction just within two weeks, if thats not HOPE what do you call it

Kobojunkie:
Up until April 19th when the Naira began to take a plunge in the other direction, the fighting merely involved pouring down Billions of Dollar reserves down the toilet. After Nigerians discovered what the Government had been doing in the name of fighting to get back the value of the Naira, they took their hands off the reserves, and in less than a week, the Naira has fallen back to where it was around April 5th. That is to show you the maga-maga that was going on. However, you choosing to stay blind to it, is your problem entirely.

2. An entire current of over 220 million people and their only hope in the year 2024, is in one man and his cooperation, Dangote? You no cringe at all when you dey type that thing?

dettolgel:


I was right because of all the things you wrote up there, there is no single statement that addressed the issues I raised. Rather you were busy making it personal.

I will humor you and come down to your level maybe we can make a head way.

1. Are you optimistic that Arsenal will do well down the road because you believe that they have the right players and right coach and that after every defeat the coaching team go back to the drawing board to review their error and try to adjust for the next game or you based your loyalty on blind trust?

2. If you invest in a company and year in year out they have been bleeding cash without any strategic move to turn things around will you continue to throw money in it or will only continue to throw money in it if you are certain that the new steps they took will yield profit?

3. If your answer to any of the above is solely based on blind loyalty then I am sorry to tell you, you are the type that can easily be manipulated into wearing suicide vest.

By the way, because you weren't born yesterday does not automatically make you right. You could be old as Bleep and still be as dumb as a rock.

callthefred:



First, I must appreciate the common sense in your response. No abuses or name calling but rather factual. Of a truth Tinubu cannot be exonerated because he was desperate for power and for 8 years pretend all was well. We know he has better info about how Buhari and his goons ran the nation aground but kept quite.

Yes leadership is everything no doubt, even if we are going to become an industrialized nation we need strong leadership to lead the way. My grouse was people however making it look like bad policies are responsible for the naira problem. However, little can be done in a year and yes so much can also be done in the same period. One major problem I know if government can do better but the indices and all there's not much they can do in a year unless they have to kill some persons..

theredaddy:



1. Can you follow a team you don't believe in , where does optimism stems from, A true fan follow club not players, not coach ... cos they can leave at anytime.
Lemme school ur ass a bit, i follow arsenal cos i saw a PrOspect and everyone acknowledged arsenal play fanastic style of football thats what bought my loyalty ... your question sounds half baked hence the shalaye

2. Investment is a risk terrain, if one lane is not profitable move to the next lane, so many road enter market why

Supporting a club and Investing are not the same, one commands your loyalty why the later requires "acumen" and foresight.

No be obedient go educate me about blind trust abeg

theredaddy:



If you can open your eye to see,all these epistle is unnecessary
who is telling you to hope ? i stand is as Naira is fighting to regain value those thinking it will reflect instantly on prices of goods should exercise patients, bad travel on the speeed of 6G yle good roll on GPRS ...

The difference between the era of past leaders and the present is the revolution of refineries we are witnessing ... dangote refinery and its relieving impact on our import deficit and dollar demand is a valid HOPE

Price of diesel is at how much now, 2 x reduction just within two weeks, if thats not HOPE what do you call it

Kobojunkie:
Up until April 19th when the Naira began to take a plunge in the other direction, the fighting merely involved pouring down Billions of Dollar reserves down the toilet. After Nigerians discovered what the Government had been doing in the name of fighting to get back the value of the Naira, they took their hands off the reserves, and in less than a week, the Naira has fallen back to where it was around April 5th. That is to show you the maga-maga that was going on. However, you choosing to stay blind to it, is your problem entirely.

2. An entire current of over 220 million people and their only hope in the year 2024, is in one man and his cooperation, Dangote? You no cringe at all when you dey type that thing?

theredaddy:
■ I think it time we Fact check these lame arguement, can you please post the total sum central bank as hand out to parallel market and lets compare with total sum use to clear backlogs .. lets see the % difference. Una go just dey argue blindly how BDC operators don collect wey una dey shout insufficient fund. Please post it, it as of one is just arguing with BOT

dettolgel:


It is obvious that you still couldn't see the connection.

So I will take baby steps with you and we do it one step at a time :

So when it comes to the current Nigeria issue is it loyalty or optimism that drives your decision?

Kobojunkie:
What in the world are you rambling on about now? What insufficient funds? BDC operators? I am the one who ought to be worried I maybe yapping with a mindless BOT at this point.

theredaddy:
■ It was very convenient for you to save face, by picking on the "insufficient funds" i might well ask you what is "down the toilet" Since you are so sure CBN was using reserve to strengthen the Naira why not show us figures to back up your assertion Cardoso made two moves, one was to clear backlogs and the other requires handing register BDC operators $10k ? You guyz deliberately ignore the backlogs settlement took much of our reserve, cos that won't generate backlash
Emiefele defended Naira with our reserves and we saw a wide difference btwn official rate and parallel market, but in cardose case parallel market sold below official rate so how is that " defending "

Lavor234:



A nation hoping on one man.
If Dangote dies tomorrow, what happens then?