₦airaland Forum

Parydelegate:
Time to sell off dollars....

Wait for the price to recede as FG tries to use this loan to stabilise the naira.

Buy naira back at the rate of $1000 - 1200

Hold again

the tick is killing itself it thinks it is killing the dog

0001Lagos:
Nigerians deserve the kind of leaders that they get walahi if not, why would a character like Tinubu be president of Nigeria hmm

haters of democracy. igbo no fit be president

Streetdoctor:
Bamidele are u sure that dis is not cult related issue

Hahahahahaha.....guy you don off me🤣🤣🤣🤣🤣

So so loans


Where is our Subsidy money that was saved?

Nigeria

Well, it is so unfortunate that despite the scourge of the economy, we are still not ready to change

cashtivist:
This not the solution to all these.

But Tinubu is clueless, even a JSS 1 Student knows that Tinubu is the worst thing to happen to Nigerians

Ance4Liverpool:
Dont mind them, but the funny part is by 2027 u will still see this same people shouting ebinpawaooo and hardship that will collect salt maggi and 2k to vote tinibu again.

U are being so insensitive. Most of the people you think voted Tinubu didn't vote for Tinubu.

Back2Daura:
Oando is among those who raised this loan. Afriexim is the middle man between Oando and FG. Do you understand?

I recall Prophet Utuocha said it about 2 months ago that Oando had helped to raise some loan for the FG and I asked for confirmation, which this article now seems to provide.

I think Prophet Utuocha is a deep-throat insider when it comes to Oando and his comments and opinions about Oando should be taken seriously and not discarded.
He has said that Oando will not delist! We all wait to see.

nairamaniac:
U are being so insensitive. Most of the people you think voted Tinubu didn't vote for Tinubu.

Sensitive man did i tell u its every body that will collect maggai and 2k to vote tinibu 2027?

nairamaniac:
U are being so insensitive. Most of the people you think voted Tinubu didn't vote for Tinubu.

Tinubu got massive votes in 2023 based on Emilokan and Muslim-Muslim ticket. That Muslim-Muslim ticket arrangement got him massive votes in the North.

Stop gaslighting us please

Khyrvxjzy:
haters of democracy. igbo no fit be president

You care less about good governance and more about an Ìgbo man but becoming president and you have the temerity to call someone else a hater of democracy

Winnin009:
Bro, that bolded part touch me. The first trench is literally more than two thirds of the whole amount but no positive effect on the economy. Na this one go come make any change?

I’m genuinely confused

Don't mind them..it is just a means of justifying further borrowing. Nigerian leaders are selfish and heartless.

Ance4Liverpool:
Una never see chomting. By 2027 nobe person go tell u how to use ur pvc very well

We don't learn like that in this part of the world. They have short memories and prefer to suffer n smile. They will still vote blindly and pray to God for manna to fall from heaven

Prince111111:
the man should just stop the floating this year and coming year to douse the tension in the economy first chai

So the govt will then continue to subsidize the dollar for the rich,so you can keep importing all manner of irrelevant things because of cheap dollars....let the dollar keep floating,if it gets out of reach many of us will be forced to look inward and shun imports.

Ance4Liverpool:
Dont mind them, but the funny part is by 2027 u will still see this same people shouting ebinpawaooo and hardship that will collect salt maggi and 2k to vote tinibu again.

Stomach infrastructure

Only a natural force can fight out this man called Tinubu. And it won't take any longer cos human beings are dying of hunger like never before.

I have never seen a heartless greed like this.

We used to say IBB and Abacha were heartless. But theirs were just the beginning of 'better days were yesterdays for Nigerians'

God hear our cry as the cry of the psalmist in Number 90

lastkingsman:
Tinubu got massive votes in 2023 based on Emilokan and Muslim-Muslim ticket. That Muslim-Muslim ticket arrangement got him massive votes in the North.

Stop gaslighting us please

You may be right.
But honestly I can't just belief those numbers of people really voted for Tinubu.
Even in those northern states or due to EMIlokan factor.

lal la la~~~

IF U subsidize the naira, I go load $$ again....I don't give shyt

lastkingsman:
Tinubu got massive votes in 2023 based on Emilokan and Muslim-Muslim ticket. That Muslim-Muslim ticket arrangement got him massive votes in the North.

Stop gaslighting us please

Not that massive, in fact he mostly shared the north with Atiku sef....If not for Zulum & Kashim him go outright lost Borno sef

nairamaniac:
You may be right.
But honestly I can't just belief those numbers of people really voted for Tinubu.
Even in those northern states or due to EMIlokan factor.

INEC didn't manipulate the total number votes cast in that election which is about 23 million votes (Tinubu + Atiku + Obi + NNPC) because of bvas.

Now check the major prediction polls like stears, kwakol and so on carried out before the election. Tinubu scored on the average 30% in all those polls

Multiply 30% by 23million votes = 6.9millon votes.

I campaigned and voted PO and what I always tell people is I don't know for sure who won 2023 presidential election because INEC switched off IRev (Maybe Obi), but what I am 100% sure is Tinubu didn't get less than 6.5million votes.

Not less than 6.5millon human beings with brains voted for this man. Kai!

The manipulation INEC did was increase his margin by removing votes from Obi (Lagos, Abuja, Port Harcourt, Jos...) and Atiku (Jigawa, Bauchi, Zamfara, Sokoto...)

lastkingsman:
INEC didn't manipulate the total number votes cast in that election which is about 23 million votes (Tinubu + Atiku + Obi + NNPC) because of bvas.

Now check the major prediction polls like stears, kwakol and so on carried out before the election. Tinubu scored on the average 30% in all those polls

Multiply 30% by 23million votes = 6.9millon votes.

I campaigned and voted PO and what I always tell people is I don't know for sure who won 2023 presidential election because INEC switched off IRev (Maybe Obi), but what I am 100% sure is Tinubu didn't get less than 6.5million votes.

Not less than 6.5millon human beings with brains voted for this man. Kai!

The manipulation INEC did was increase his margin by removing votes from Obi (Lagos, Abuja, Port Harcourt, Jos...) and Atiku (Jigawa, Bauchi, Zamfara, Sokoto...)

your calculations seems very very right. I can't argue any further.

It's very possible Tinubu got up to that number of votes.

I can also say that at least half of that number felt intimidated, oppressed by obidient-movement.

Some people just feel bullied by massive excitement from a crowd they are not a part of.

Ebola bulaabaa is not yet done .. he will borrow more …

This is what you get when you vote incompetent dull people into power...it's a pity

Lithiumite:
So the govt will then continue to subsidize the dollar for the rich,so you can keep importing all manner of irrelevant things because of cheap dollars....let the dollar keep floating,if it gets out of reach many of us will be forced to look inward and shun imports.

this floating of a thing comes with a huge responsibility and loss for the country's economy that is struggling because you know how this president have been borrowing every now and then to intervene in the FX market which has never helped the currency in the long run still.You would agree with me it's a good order but in an order that is not in anyway helpful to a common man on the street then it's purpose have been defeated.

Prince111111:
this floating of a thing comes with a huge responsibility and loss for the country's economy that is struggling because you know how this president have been borrowing every now and then to intervene in the FX market which has never helped the currency in the long run still.You would agree with me it's a good order but in an order that is not in anyway helpful to a common man on the street then it's purpose have been defeated.

There's no way you can correct the lacuna in the hitherto dysfunctional Forex market we had been used to without leaving a huge press on the economy.....it's basically removing subsidy on Forex which the rich has been enjoying,if anything the naira is only finding it's real value as against the artificial value we have been seeing in the past.

Lithiumite:
There's no way you can correct the lacuna in the hitherto dysfunctional Forex market we had been used to without leaving a huge press on the economy.....it's basically removing subsidy on Forex which the rich has been enjoying,if anything the naira is only finding it's real value as against the artificial value we have been seeing in the past.

so its normal to plunge the country into an outrageous debt because you want to justify your economic policies? Or some countries that we know that subsidize for their citizens are fools? It's not a crime if he could reverse it back to default for now. The blunder he made was to float the currency the same time with the fuel subsidy removal. And here comes the removal of the same subsidy on electricity or why is he contemplating on removing stamp duty on foods and drugs for six months? He already know he made a mistake but his ego is killing him. I just don't understand you people seriously...is it normal for the subsidy to be removed at the expense of the common Man? Or you don't know that hunger kills faster than anything??

Prince111111:
so its normal to plunge the country into an outrageous debt because you want to justify your economic policies? Or some countries that we know that subsidize for their citizens are fools? It's not a crime if he could reverse it back to default for now. The blunder he made was to float the currency the same time with the fuel subsidy removal. And here comes the removal of the same subsidy on electricity or why is he contemplating on removing stamp duty on foods and drugs for six months? He already know he made a mistake but his ego is killing him. I just don't understand you people seriously...is it normal for the subsidy to be removed at the expense of the common Man? Or you don't know that hunger kills faster than anything??

Are you saying it's better to keep subsidising the dollar and also keep doing same for PMS....if this govt had continued that route,we would have been neck deep in debt by now and the economy would have been crippled.

Do you know how much of the revenue of govt is going into debt servicing....what govt is doing now is borrowing to stabilise the naira by pumping the dollar into the market till it reaches equilibrium. This isn't so bad if well managed as against borrowing to defend the naira so you can get cheap dollars which will keep growing in demand.

I will tell you this that the reason for the inflation we are seeing is the high cost of food in the country.....off food prices can go down,prices of other things would also deflate...we are heading into a major food crises soon,there is basically not enough food in this country and this is what really affects the common man and not dollar or fuel subsidy.