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Nairaland Forum / Nairaland / General / Business / Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote (33669 Views)
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Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by treesun: 5:46pm On May 01 |
The Chairman of Dangote Industries Limited, Aliko Dangote has described the floating of naira by President Bola Tinubu’s administration as the biggest mess that affected his company and other business owners in 2023. https://saharareporters.com/2024/05/01/biggest-mess-created-2023-was-naira-devaluation-n460-n1400-nigeria-says-dangote 61 Likes 5 Shares
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Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by immortalcrown(m): 5:48pm On May 01 |
Pot calling kettle black. He himself is holding the same Nigeria down. He is complaining now because BAT is not in his own camp and because BAT tortures his boy Emefiele. Have you guys forgotten how cheap he got Dollars from CBN through his boy Emefiele? Have you guys forgotten the tax waiver he enjoys? The Naira devaluation is stupid. I am not among the vrchins that defend the devaluation. But only a fool will think this man is better than BAT. Taking solace in this man's condemnation of the devaluation is like taking solace in Buhari's condemnation of BAT. 143 Likes 13 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by David160(m): 5:50pm On May 01 |
Slaves will soon attack him 196 Likes 15 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Bobloco: 5:51pm On May 01 |
They will attack him and call him IPOB 299 Likes 23 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by hellunfats(f): 5:52pm On May 01 |
Is he obidient? 225 Likes 16 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by treesun: 5:55pm On May 01 |
Nlfpmod! 7 Likes 2 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by ivandragon: 5:57pm On May 01 |
Hmm... 1 Like 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by MEEVEET: 5:57pm On May 01 |
The sad thing is we are still defending the naira We are still paying subsidies ( but way of NNPC taking massive losses) So what did Tinubu achieve by those ill planned policies? 239 Likes 12 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Racoon(m): 6:06pm On May 01 |
This is the utter economic cluelessness and Incompetency of a first class gbajue CSU certificate forger, druggie and bullion van parading fella that fraudulently gatecrashed into the national life of a nation. 241 Likes 21 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by olisaEze(m): 6:09pm On May 01 |
Govt that’ll favor them and their family in the mud! 157 Likes 11 Shares
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Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Bobloco: 6:09pm On May 01 |
Racoon: You have perfectly described that notorious narcotics drug trafficker engaging in criminal state capture 120 Likes 4 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by PressMyButton: 6:17pm On May 01 |
Dangote collected dollars at cheaper rates from Emefiele, we know all that but Dangote is still doing big things and we appreciate him for that and that's why he was appointed a member of Jagaban's economic team. However, every sensible individual knows we can't afford to keep official rate at 460 while parrallel rate at 780 with huge monthly subsidy, thereby making few unscrupulous elements overnight billionaires through dollar arbitrage at a time 97% of our revenue were used in servicing debts. Definately, we can't continue like that. 126 Likes 6 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by iwaeda: 6:17pm On May 01 |
treesun: When we said Balabubu don't know what he is doing, some people who don't know what is at stake kept on defending fraud. 62 Likes 2 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by iwaeda: 6:18pm On May 01 |
PressMyButton: But you are expecting his cheap fuel to boost your economy. 52 Likes 3 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Validated: 6:25pm On May 01 |
Dangote is Obidient and IPOB ‐ Reno O'Mockery and Agbado urchins 73 Likes 6 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by PressMyButton: 6:27pm On May 01 |
iwaeda:We have 20% stakes in his refinery, made cheaper loans to him and supplied crude oil in naira. Dangote appreciates the gesture and we appreciate him bringing down diesel price. There's no friction between Dangote and FG, it's only wailers looking for senseless and sensational headlines to begin the usual round of wailings. 82 Likes 2 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by iwaeda: 6:30pm On May 01 |
PressMyButton: Read Well between lines. 32 Likes 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by ikaboy: 6:34pm On May 01 |
Is he inciting Nigerians against FG? 37 Likes 2 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Godfullsam(m): 6:40pm On May 01 |
Floating the naira and removing at the same time was a reckless and myopic decision by balablu and his incompetent economic team. Both decisions were good considering the amount of fraudulent activities happening, especially during the subsidy regime. But the way the Tinubu administration removed the subsidy without due consultation was terrible and unpardonable. 127 Likes |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by PressMyButton: 6:42pm On May 01 |
iwaeda:You should put on your glasses. Dangote refinery is a win-win. fuel price is expected to come down once fuel starts rolling out. 79 Likes |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by iwaeda: 6:44pm On May 01 |
PressMyButton:But Dangote is complaining of HIGH dollar rate. 26 Likes 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by PressMyButton: 6:54pm On May 01 |
iwaeda:He's actually talking about business valuation which has affected his networth and which would futher improve once his refinery begins full operations and naira continues gaining. 3 Likes 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by grandstar(m): 6:54pm On May 01 |
The floating woes were made exacerbated by the borrowing of 3.2 trillion through ways and means from June to December. 9 Likes |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by jmoore(m): 6:59pm On May 01 |
Dangote must be from Isiukwuato in Abia state. 27 Likes 2 Shares |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Bliss4Lyfe(f): 7:05pm On May 01 |
All the dirty Afonnnjaaa will crawl out of their hole to call him IPOB now. This yoruba site empowers them. 33 Likes 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by iwaeda: 7:22pm On May 01 |
PressMyButton: So his refinery still not operational. 17 Likes 1 Share |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by PressMyButton: 7:27pm On May 01 |
iwaeda:Pls swerve, i don't have the patience for dull people. 1 Like |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Nightwolf1: 7:37pm On May 01 |
Dangote is ipob. Don't mind the foolish man. He is supporting Peter Obi. 17 Likes |
Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Almaigaa: 7:39pm On May 01 |
Dangote is absolutely correct 6 Likes
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Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by Almaigaa: 7:43pm On May 01 |
PressMyButton: Go and build your own Refinery and leave our Dangote alone 22 Likes
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Re: Biggest Mess Created In 2023 Was Naira Devaluation From N460 To N1,400-Dangote by MsAllison(f): 7:44pm On May 01 |
Racoon:General Racoon the nightmare of helinues and agbado munching demons 34 Likes |
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