₦airaland Forum

APC which way?

I think say odumeje don return

helinues:
Make your comments without always seeking our validation.

Thank you

They need to remind you what your choices have caused. You need that constant remainder. You always talk about the enemies of Nigeria so they need to show you who the real enemies are.

Dubetex96:
Crypto currency

Please explain.

It's not sustainable. Everything they are doing, is a cosmetic remedy. Production is the only way.

bigiyaro:
Crypto P2P traders want to kill us in this country. But how are they still manupulating the naira? I thought they have been banned left right and centre.

Oga it is your clueless and visionless government that has been killing you. As a country, you can't produce and export goods and services to other countries, you can't attract foreign investors due to high levels of insecurity and corruption, and You import most of your goods and services. And expect your local currency to be stable and appreciate against major foreign currencies. How?

Digiwiz:
More exportation should be encourage to strengthen the Naira.

Anyway, those of us earning dollars online are always smiling to the Bank

What do you have , that you want to export, except you want to export hero beer which won't be allowed by the customs of USA britain and Eu to enter their country except you want to export your village,
And the useless crude oil being exported , the foreign earnings is being embezzled and never being accounted for

ogododo:
https://dailypost.ng/2024/05/05/fx-crisis-naira-depreciates-by-n130-against-dollar-in-24-hours/

Where is Cardi BAT?

Dem think say economy dey easy to window dress?

No matter the hardship Nigerians will face GOD pass them...my 2 cents

Neoteny:
No country allows the free market to operate, not when they've regulations and tariffs to protect their local producers. It's all a facade.

The Idea of a capitalist utopia is one of the greatest hoaxes ever pulled on man.

There is no socialist utopia either.

Years of subsidy for things are why we are here.

maasoap:
Jargoons. Economy was by far better when debt servicing was eating up that 90% you mentioned than under this Tinubu that debt servicing is eating up 63% or more.
As reported by the CBN this week, our economy has been contracting for past eight months straight due to this Tinubu's wicked economic policies that are targeting the masses

K.

Ykc2:
una go defend tinubu tire

And you missed my point completely.

Good evening. No be everything be defence of tinubu. Especially my last sentence in that comment you think is a defence of him.

Anyway, your obi, atiku and tinubu are the same thing to me. As for me, I choose the leader that will make us industrially developed. It isn't tinubu or apc or any of them

descarado:
Just like that, Nigerians have accepted this anomaly.

Before nko?
Our sense no too carry am.
Carrying capacity: - 0.8

fastseo:
APC borrowed so much money to finance projects we that can't repay the loan and most money were stolen.
So the problem is with the borrowing APC did that made them to service loan with almost all revenue

They borrow because the alternative means more taxation and the long road to industrialization, which most of them are too scared to follow

It also means total subsidy removal. Dem no want.

LibertyRep:
What or who's to blame this time around?

Sighs.

OKX

Foolish reno say na buy Nigeria.. lol.. very foolish boy.. we need to face reality. Naira has only one solution. Corruption! Fight it

If not for NEPA that refuses to bring light
Dollar for fall Yakata

LibertyRep:
What or who's to blame this time around?

Sighs.

nairalanda1:
Strong currency nations are nations that export manufactured goods and services, and allow the free market to operate

this is why the Lagos - Calabar coastline road is not necessary. If dat trillions is poured into power sector, we for ṣee the difference in 4yrs. Unfortunately, our leaders' scale of preference differs.

brightleave:
I think say odumeje don return

Is he the CBN governor or the finance minister?who him return epp

Y'all shouting production

What have you produced for export all your life

Hypocrites

maasoap:
Nigerians!! Keep messing up your own economy and keep shouting at your government. Soon, you all will understand that not the government but we the citizens are at the receiving end of this economic sabotage.

bia this idiot stop writing this nonsense here if your 🧠 is dormant you keep quiet

I don't understand why the finance team decided to talked the president into floating our currency, knowing well that we are not a robust nor a competitive economy.That decision was not well thought out and we the common citizens are currently paying dearly for it.The Naira is depreciating and prices of basic commodities are skyrocketing.It's certain that the Naira will get to 2000 and above per dollar,by the end of the year,going by this projection.

Coolboy009:
Oga it is your clueless and visionless government that has been killing you. As a country, you can't produce and export goods and services to other countries, you can't attract foreign investors due to high levels of insecurity and corruption, and You import most of your goods and services. And expect your local currency to be stable and appreciate against major foreign currencies. How?

you should be able to recognize sarcasm when you see one.

ShoeGetSize:
Na only "Toh" you sabi talk?

Peter Obi no Dey involved na

Nothing like free market anywhere in the world, but instead of the government to do the right thing, they prefer to go for the easier target,

ClearFlair:
Your validation is worth nothing, but the fact that you're enjoying in this economy is good motivation for your fellow APC supporters. I'm just helping them to avoid depression

he is not enjoying any shittttt...suffering and smilling

maasoap:
Nigerians!! Keep messing up your own economy and keep shouting at your government. Soon, you all will understand that not the government but we the citizens are at the receiving end of this economic sabotage.

there is no sabotage anywhere, fx no dey fear face, it's bigger than Nigerian way of doing things. If you want strong naira, tell your politicians especially governors and ministers, to stop stealing the naira and converting it to dollars for hiding, Tell Tinubu to as a matter of priority make the Nigerian environment condusive for business and production. Tell the military and individuals to stop stealing crude, tell Nnpc and CBN to remit all crude sales completely, also tell your fellow Nigerians to stop importing toothpicks, biscuits and all manners of bullshi*t. Until then, we all be in this mess.

nairalanda1:
Strong currency nations are nations that export manufactured goods and services, and allow the free market to operate

There's no such thing as free market anywhere in the world bro. If you look closely enough, you'll find some form of government regulations. Free market is nothing but a recipe for disaster.

That's normal when the currency is floated.

BigYash:
Cryto ke? What happened to CBN Governor ? U leave who you go blame dey blame children.. Una go must learn lesson for this renewed hopelessness

wetin you want make I talk, imagine all these small small boys doing P2P having the power to manipulate a whole country's currency, a country selling crude for that matter. APC has nothing to do for a positive change in Nigeria.

Check Aboki Fx

bigiyaro:
there is no sabotage anywhere, fx no dey fear face, it's bigger than Nigerian way of doing things. If you want strong naira, tell your politicians especially governors and ministers, to stop stealing the naira and converting it to dollars for hiding, Tell Tinubu to as a matter of priority make the Nigerian environment condusive for business and production. Tell the military and individuals to stop stealing crude, tell Nnpc and CBN to remit all crude sales completely, also tell your fellow Nigerians to stop importing toothpicks, biscuits and all manners of bullshi*t. Until then, we all be in this mess.

Absolutely!! Some of us have said this for long but unfortunately those people seem to lack the mental capacity to comprehend. End corruption and well be completely out of this mess in less than two years.