₦airaland Forum

FatimaAbubakar:
Shameless hungry one room occupant

No let hypertension kee you ooooooo

RichBoy247:
No let hypertension kee you ooooooo

I don't debate with miscreants. Search for your type.

CrushObituaries:
Bitter grievingory Obi people have started mourning again, they are always bereaved and filled with anguish

Mumu don go create new moniker to do 30k work for his kinsman.

Una mumu dey for another level.

To The Intelligent Ones
- where is our foreign reserves kept?

- who gains from our foreign reserves?

- what is the foreign reserves used for?

- foreign reserves while we are borrowing large amounts of money to pay salaries, build useless& useful coastal roads, fight common thugs called iswap & Boko haram for over 14 yrs...and our agricultural systems have almost collapsed due to human-induced inflation by terrorists? Ok o.

MasterJayJay:
It was $35 billion when Tinubu entered. Once again, nothing special about $34.7 billion mark.

it was $35b and now it is $34.7b... so?

MasterJayJay:
Something that hit 40 billion dollars in previous administrations.

Make una rest. Nothing extraordinary about 34.7 billion.

But u forgot to tell your fellow obirodents that... Emefiele was taking 1.5 billion USD monthly to keep the dollar low.

Aren't aware?

MasterJayJay:
It was $35 billion when Tinubu entered. Once again, nothing special about $34.7 billion mark.

But you are aware that FG has cleared the fx backlog they met. All the foreign airlines and other companies have been settled.

Emirates left majorly because of this.

No more dollar padding too.

They share the money to Nigerians now, because Nigerians don't need any reserve now that people are hungry. Maybe when everybody don over full we can be taking of reserve. Hungry man no dey save money

FatimaAbubakar:
Shameless online bastards who receive 30k monthly stipends stay in one room apartment to promote failure just to afford plates of gbegiri

Not everybody is shameless and hungry like you.
Always reasoning with your hand.

Hatred is all over you....it's cancerous.
Visit MFM for deliverance fast.

chatinent:
Some debts need to be cleared.

And get more right?

Paraman:
https://punchng.com/nigerias-fx-reserves-hit-34-7bn/?utm_source=telegram&utm_medium=social#google_vignette

Meanwhile one man dey this country that has over 67 billion dollars off shore from stolen crude oil. And he is not the only person with such stipendious amount of money. I dey laugh when people think say apc na Saint, dem go dry this country before them leave govt.

The wicked are in power more wicked that pdp led govt. Agba oje ilu are amasing wealth stolen from this country.

Slytiger:
😂

I just confirmed this. SE has the highest hypertension figure.

“Nationally, the prevalence is around 30-40 per cent across the board. But when you look at the distribution in the geopolitical zones in the country, we do know that in the South-East, we have about 44 per cent; in North-East, it is about 42 per cent, and in other areas, it is about 25-30 per cent across the various geopolitical zones.

quote from The Punch publication of 5th December 2023

Bliztzer:
Meanwhile one man dey this country that has over 67 billion dollars off shore from stolen crude oil.

Who's the man you're talking about?

In 2014, With less than $30b in reserves, Nigeria had a more robust economy as reflected in the purchasing power and cost of living of the average Nigerian.

If financial and economic policies do not reflect a significant improvement in purchasing power and reduction or affordability of cost of living for majority of the citizens, then those policies are useless.

GeneralDae:
Tinubu met the reserves at 35 Billion dollars. He has serviced more debts since then and has cleared 4.6 Billion dollars backlog in addition.

He really try. Kudos to CBN for clearing backlogs debts and still increasing our foreign reserves

MasterJayJay:
Something that hit 40 billion dollars in previous administrations.

Make una rest. Nothing extraordinary about 34.7 billion.

Actually there is something extraordinarily wrong and clueless about borrowing expensive money to increase your foreign reserves to swindle the population of your economy’s health.

How do we let ThiefNuibu take us for mumus as he has been doing for decades now with Lagosians

GeneralDae:
Tinubu met the reserves at 35 Billion dollars. He has serviced more debts since then and has cleared 4.6 Billion dollars backlog in addition.

How much has he borrowed since last year

Slytiger:
News like this won't trend because it's not bad news. Debts has gone down massively.

Even as at 4 days ago, almost One Billion dollar debt owed European airlines were cleared, and the reserves keeps going up. 1st time I am seeing this as a Nigerian.

Gone down massively, did you say?

Do you have the latest figures on our debts?

Are Qatar Airlines and Emirates Airlines back to flying in our country, almost a year after ThiefNuibu’s bragging about their IMMEDIATE resumption of flights

MasterJayJay:
Something that hit 40 billion dollars in previous administrations.

Make una rest. Nothing extraordinary about 34.7 billion.

Didirin who gave you that information?
Under Buhari. You just type rubbish thinking you are current werey

Highly commendable!

Hope not the borrowed money from foreign countries we are saying are reserves.

anonimi:
How much has he borrowed since last year

He hasn’t borrowed more than 4 Billion dollars in foreign debt.

Only buffons count this to mean anything. So long as it does not help your exchange rate and it wont be used to defend the naira, this news is useless. It only increases the opportunities for the lenders to Nigeria government in case of default.

Exactly!!

Nigerians have been so blinded by propaganda. What is the use of your increased foreingn reserves when your economy is tanking towards recession?

That's why I said there so many educated illiterates in that country called Nigeria. They read the news the government wants them to hear and they start hallucinating over what is irrelevant.

If this is not used to buoy the economy and it remains in the foreing reserves, it is only good news for Nigeria's foreing creditors...meaning that, they have more assets to seize in case of default. The increased reserve does not translate to an improved credit rating yet, so what's the good news??

ivandragon:
In 2014, With less than $30b in reserves, Nigeria had a more robust economy as reflected in the purchasing power and cost of living of the average Nigerian.

If financial and economic policies do not reflect a significant improvement in purchasing power and reduction or affordability of cost of living for majority of the citizens, then those policies are useless.

CrushObituaries:
Bitter grievingory Obi people have started mourning again, they are always bereaved and filled with anguish

as usual no relation with the topic and what you vomited.well lets consult var for brain check

E no even reach money wey one person thief for government

MasterJayJay:
Something that hit 40 billion dollars in previous administrations.

Make una rest. Nothing extraordinary about 34.7 billion.

You are Fu*king lying

NyamiriSlayer:
8yr of Jagaban as president, Nigeria will be the greatest country in Africa, 100% sure

Whatever thing you are smoking kindly pass it around Negro you are freaking outta of your mind Nigeria is not even better than Togo and you talking of Africa.

MasterJayJay:
Something that hit 40 billion dollars in previous administrations.

Make una rest. Nothing extraordinary about 34.7 billion.

This is still the first year of this administration..calm down

t2luv1:
You are Fu*king lying

Be smart with your smartphone.

Good

Jlow2:
So what? has price of food stuffs reduced or fuel price reduced, mediocre

These ones are always talking of food,food and food,yet without producing anything,by the previous administration,the Governors and Agric Ministry,nothing to talk about.
The immediate Solutions is for the govt to Import Foodstuffs as a Short Term Measures.