₦airaland Forum

Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling

Who told u it is falling?

Pls u m*r*ns shld stop distracting baba from taking our naira down to #3500 to a dollar in dis 4 yrs of poverty!

If u don't like it, u can dive rock & kiss earth bye bye!

MichaelSokoto:
■ Who told u it is falling? Pls u m*r*ns shld stop distracting baba from taking our naira down to #3500 to a dollar in dis 4 yrs of poverty! If u don't like it, u can dive rock & kiss earth bye bye!

Naira 70,000 minimum wage would be totally useless by that point.

adolfHitler1934:
Unqualified and fake accountant.
So you now acknowledge that there is something like subsidy, not only that, you also acknowledge that it is necessary to stop it.
My question now is; why did you, Buhari, one scam Daddy G.O, with one other foolish white haired professor deceived Nigerians and protested against Goodluck Jonathan. You and your gang of thieves sponsored that protest and also participated actively in it. Today you are afraid of protest and arrest anyone who protest against your own evil regime. You say they want to overthrow your government.

The God of the universe will not fail to put you to shame. You will never succeed in this your administration and you will continue to remain a curse and punishment to Nigeria.

Animals!

buhari tried to do it differently by closin the borders....

but the outrage was hugh all across west africa....
only solution is to stop subsidy....

we were practicaly financin fuel for the whole region with our tax....

Bebigiby1:
I hope Tinubu and his government are prepared for impending chaos these harsh policies will cause in due time....

I have been lamenting on this and some people ting it's a joke,
the will keep shooting and we will be trooping in like zombies , it will be worse than endsars and close to civil war, u cant be living in luxury andvbe telling hungry and angry citizens to have patience andveat food where ever they see

Kobojunkie:
Take a cue from what? No be Shagari be that?

Distribution of foodstuff to the masses. It was Buhari and Idiagbon.

richmond500:
I think it is getting stabilized.
For almost a month, nobody talks about exchange rate. Unlike what we had earlier this year till August and early septemeber

stabilized like how?
do u know how much to tommy Hilfiger sneakers was last year and how much it's selling today?

ToyinDipo:
■ Distribution of foodstuff to the masses. It was Buhari and Idiagbon.

It started during Shagari. That is why I truly believe Idiaghon was the mastermind behind all the successes recorded in Nigeria in just those few months during the Buhari regime of 1984/85 because this same Buhari who came back without an Idiaghon was nothing but a monster.

As for the Safety net programs, that was advised too. Tinubu was advised to phase out the fuel subsidy program and cut down on government bloat, while channeling whatever monies realized towards setting up and sustaining safety net programs such as the food voucher system, foodbank programs, and subsidized fuel vouchers, all of which are to be issued directly to the poor in society, among other programs. He of course refused to do that, proceeding instead to devastate the lives of the average Nigerian with the extreme policies he chose to implement all while he continued to lavish their inheritance of frivolous deals and the pockets and pleasures of his cohorts.

T-Pain cum Wale Edun, Min of Fin gat me checking out the meaning of REFORM

verb 1. make changes in (something, especially an institution or practice) in order to improve it.
"the Bill will reform the tax system"
Similar: improve, make better, better

If it's not improving the economic, fiscal & financial sectors/systems, consequently improving d standard of living of the people, but drags them into multidimensional poverty, then you ain't reforming but somewhat deforming ...DAZZOL!

justtoodark:
■ buhari tried to do it differently by closin the borders.... but the outrage was hugh all across west Africa.... only solution is to stop subsidy.... we were practicaly financin fuel for the whole region with our tax....

Tinubu spent at least Naira 4 trillion in fuel subsidy in the last 16 months of his being in office even after claiming it was removed. That is Naira 4 trillion that Nigerians will never see again even as they believe that the fuel subsidy was removed by Tinubu government on May 29th, 2023. The money vanished into thin air even as gas prices continued to rise unabated through the months the government kept lying subsidy had been removed. 🤔

Stop blaming Buhari for what Tinubu did to Nigeria and Nigerians.

Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling

The government has control over those rates. They also know the true value of the naira/USD. What is baffling most observers is why they want the rates at current levels. I have my own ideas but they are only opinions.

Believe me when I say they are absolutely not defending the naira or losing as much sleep over it as you or I. They are definitely looking at some other metrics other than naira/USD.

ceejay80s:
stabilized like how?
do u know how much to tommy Hilfiger sneakers was last year and how much it's selling today?

do u understand the meaning of stabilized?

Basiljoe:
Most African leaders are western puppets,

You are correct but replace 'Western' with 'Globalist'.

enthroned to protect American/western interests.

I like the word 'enthroned' but I feel 'installed' is more apt. Also, it's more than American/Western interests now: it's the globalist agenda. That's why Trump must not be allowed to win. He's going to f**k up their plans big time.

Know this, and know peace. This is not conspiracy theory.

lauzun:
You are correct but replace 'Western' with 'Globalist'. I like the word 'enthroned' but I feel 'installed' is more apt. Also, it's more than American/Western interests now: it's the globalist agenda. That's why Trump must not be allowed to win. He's going to f**k up their plans big time.

The last time Trump was there, did he in any way f-k up any one's plan or help free Africa from the hands of any of the so-called puppets?

Kobojunkie:
The last time Trump was there, did he in any way f-k up any one's plan or help free Africa from the hands of any of the so-called puppets?

Kobo, you're not a baby and I believe you're quite perceptive on world events. This isn't about whether or not one likes Trump. It's about the bigger picture. Wars must go on because conflict is a powerful tool. Resources, money and people must be transferred continuously from X to Y. This is very easy to do during instability. The African continent mustn't be allowed to develop, it's the world's dumping heap for now. The Middle East must remain volatile. Russia must be destabilized to stifle the possibility of a multipolar world. The president of America, the most powerful nation on Earth, must be someone that is controllable and compliant. S/he must put the global agenda as his/her top priority. S/he must be a puppet.

lauzun:
■ Kobo, you're not a baby and I believe you're quite perceptive on world events. This isn't about whether or not one likes Trump. It's about the bigger picture. Wars must go on because conflict is a powerful tool. Resources, money and people must be transferred continuously from X to Y. Africa mustn't be allowed to develop, it's the dumping heap for now. The Middle East must remain volatile. Russia must be destabilized to stifle the possibility of a multipolar world. The president of America, the most powerful nation on Earth, must be someone that is controllable and compliant. S/he must put the global agenda as his/her top priority. S/he must be a puppet.

This does not in any way address or answer my simple direct question to you. You claim that Trump as president would somehow f-k up plans suggesting that help Africa in some way. So again, the last time Trump was there, did he in any way f-k up any one's plan or help free Africa from the hands of any of the so-called puppets?

Useless minister. Your end won’t be good.

Tinubu is a failure
All of you defending Tinubu, tell me if your life is better now than 17 months ago.
Some of you are now trekking to work and eating 1 square meal a day but yet be pretending that all is well.

Hypocrites

What have you people achieved as a government? Only poverty.

BULLSHIT. WALE EDUN IS MISMANAGING THIS ECONOMY.

WALE EDUN IS MISLEADING THE NIGERIAN ECONOMY.

I THINK THIS GOVERNMENT IS VERY MAD.

EFCC TO OUR RESCUE PLEASE.
THE DOMICILIARY AND ESCROW ACCOUNTS OF WALE EDUN AND CARDOSO MUST BE AUDITED AND REPORTED FROM MAY 2023.

Kobojunkie:
This does not in any way address or answer my simple direct question to you. You claim that Trump as president would somehow f-k up plans suggesting that help Africa in some way. So again, the last time Trump was there, did he in any way f-k up any one's plan or help free Africa from the hands of any of the so-called puppets?

I get you now.
I didn't claim such (re: the bolded) though I quite understand how you could overreach and arrive at that conclusion. However, in this case, one does not imply the other.
What I was trying to point out was that a key strategy of the globalists' agenda is to install puppets in a region's positions of power, so as to keep a tight rein on the affairs of such region. What's good or bad for the people of that region matters little. It's the globalists' agenda first and foremost. . America is a key nation in that plan but Trump isn't likely to accept such control or restraint, making him a danger to the globalist cartel. Leaders that can't be controlled are taken out or vilified. Tinubu is simply playing out the script given to him by his globalist overlords.

NO WAY WE CAN MOVE ON WITHOUT TINUBU. HE IS THE PRESIDENT OF THIS ASSOCIATION BY SUPREME COURT ORDER.


TINUBU MUST TAG THE NAIRA AT N500 : $1 NOW AND REGULATE PETROL AT N500 PER LITER ALSO NOW.

No going back until all Nigerians die. Says wale Edun (wale monkey)

Nigerians, calma. It will all end in our favour. IJN AMEN.

THE LORD WILL FIGHT FOR US IJN AMEN.

Bebigiby1:
I hope Tinubu and his government are prepared for impending chaos these harsh policies will cause in due time....

Which chaos let that chaos start in your village and in your household.

No going back if you link hug transformer

KARMA will work in our favour. IJN AMEN.

THIS IS A PROBLEM OF NAIRA DOLLAR AND STERLING

THIS IS NONSENSE.
WE WANT NAIRA NOT DOLLARS AND POUNDS TO TILL OUR LAND IN NIGERIA

Ikaeniyan0:
Government needs to find way to stabilize the exchange rate, it keeps on falling

They need to leave it to the market. Artificially propping it like the way we had been doing in the past was not sustainable. You have to burn through your reserves to keep that going. We just couldn't do it forever.

Sarcasm. You should read about him online

Love800:
Was abacha regime worst?

I heard that during abacha's tenure, things were cheap. business was also going fine in the market places. His only problem was that he was an assassin and a murderer( he kills political opponents).

olaniyilukman:
Tinubu is not doing well at all, how on Earth do you float your currency against foreign currency that you don't have absolute çontrol over, what manner of leadership is this

Bros, because it costs a lot of money to artificially prop up your currency. This is what we have been doing for years and it was not working. The problem with this administration is that they have done a very good job explaining to Nigerians that the policies of the past, though they looked good were simply not sustainable. I remember looking at Nigeria's income statement last year and seeing that we were spending most of our revenue servicing debts and I was really surprised because if Nigeria was a business, it would have shut down by now. You don't spend almost 100% servicing your debts. It's not sustainable (it can't last forever). Let the naira float and please don't bring back subsidies.