₦airaland Forum

Appreciate indeed
Propaganda wan kill una

Naira depreciate not appreciate

50 kobo appreciate of APC

It’s called depreciation not appreciation

All I can say is that, with T-pain at the helm of affairs Nigeria is going no where. You must be foolish to be waiting for the light at the end of the tunnel, because there will be None
We all won't be alive to see the a better Nigeria take it or leave it.

The way naira is going it will be devalued for a very long time ..world bank and IMF have asked for the naira to be devalued and tinubu being the lackey that he is will oblige them ....You want FDI but you have not developed the infrastructure for investors to put their money in nigeria but you will let nigerians suffer instead.

When the time comes he will change policies

LandMann:
Please stand up and clap for Tinubu.

He successfully made Naira depreciate from N500/$ to N1730/$ in less than one year.

What is our problems with dollar?

Even if it's #1 to 5000$ .

The answer is for us to stop using imported products and forget Abt importation then what else 🤔

Frigga13:
Tinubu supporting yahoo and internet scammers while the economy crumbles .. and him and his Yoruba people are online celebrating.
Genuine business men and companies are winding up..

Anyhow the Yoruba government wan do am.. Arewa said na dem dey suffer pass.


Even if they wan make them fill everywhere with propaganda..

Reality… na Yoruba dey bear am..


Mods I see una insincerity and official support for PBat and Yoruba tribalism


Una ban Odin till 2025.. for Low IQ..

But the moniker .. tellmeastory is already flexing online ..

So what’s the difference

He complained and I’ve to state it.. nobody really cares .. we all understand

Tinubu Is a huge failure .. reason una dey apply make up on am

Tueh

Firstly what kind of nonsense statement is this Naira appreciate? Secondly Yoruba did not make your life miserable. Reasonable Igbo people know ure just an online bigot. Get a life . Government no go put ur p for your wife p.

Trueprophet91:
Appreciate - this word is grossly abused in this context.

I wish it were 1,730/$9, it would have made sense 🤔

And please till it comes to that neighborhood, let's stop using the word appreciate ,it doesn't make sense!

E b like op no understand English Weh weh

The wicked ones are not saying anything about the dollar rate, it's Peter Obi and Igbos that is their mean problem.

UDOKABESTLUV:
Source: https://www.vanguardngr.com/2024/11/naira-appreciates-to-n1730-in-parallel-market-2/

And the £ is still N2255, how does that works??

Tayorshd87:
What is our problems with dollar?

Even if it's #1 to 5000$ .

The answer is for us to stop using imported products and forget Abt importation then what else 🤔

Just look at this economic dunce illiterate asking what is our problem with dollar. What do you think is the cause of the incessant inflation we have today that is over 100%. You said you should consume what we produce , is there any nation in the world today thats totally self sufficient and does not import one thing or the other? Nigeria is even the least country that's import dependent because we import every basic thing, hospital drugs, fertilizers, farm machineries and even feeds for chickens which is why you are buying one egg now for 500 are imported into this country, yet you are asking why we are concerned about dollar when our very existence as Nigerians depends on dollars because we don't produce anything and even the raw materials for the few ones we produce are imported into the country .

Everytime they say naira appreciates, i keep seeing same figures. Is it by decimal it is appreciating

UDOKABESTLUV:
The Naira yesterday appreciated to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend However, the Naira depreciated to N1,681.42 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

So, does Nigeria continue to run multiple forex windows?

People just gurgle out nonsense after taking some shepe early in the morning!

How do you stop imports?

Even developed nations like the US, GB, Japan, China, Australia, etc., still import massively.

By the way, have you told your leaders to stop importing their foreign official vehicles and presidential jets first?

Tayorshd87:
What is our problems with dollar?

Even if it's #1 to 5000$ .

The answer is for us to stop using imported products and forget Abt importation then what else 🤔

Blazetrailer:
■ People just gurgle out nonsense after taking some shepe early in the morning!
How do you stop imports? Even developed nations like the US, GB, Japan, China, Australia, etc., still import massively.
■ By the way, have you told your leaders to stop importing their foreign vehicles and presidential jets first?

No mind them! Even Crude Oil is massively imported into the U.S. every single day.

2. Of course not!

Tinubu comics at okay

OLUWADASH:
E b like op no understand English Weh weh

Lol

5000$ used to be 1.8m is now 8.650,000

Tinubu has killed the country completely

dreamworld:
aponja pro max


sophisticated mgbatti mgbatti

You're wrong it's Eponja promax fkn Tribulation bastardzzz

Druggie must go down. This I have seen

Let's dump the dollar and forge our own path!

I know it sounds unthinkable now, but we'll have to do it somehow if we ever hope to break the economic chockhold that the west has on us.

We have to diversity our economy.
We have to leverage on exports.
We have to produce our own food & goods.
We have to stop importing junk from west.
We have to deal decisively with corruption.
We have to empower our youths.
We have to emphasize merit.
We have to be patriotic!

It's a long shot, but we have to try!

Abee79:
Let's dump the dollar and forge our own path!

I know it sounds unthinkable now, but we'll have to do it somehow if we ever hope to break the economic chockhold that the west has on us.
We have to diversity our economy.
We have to leverage on exports.
We have to produce our own food & goods.
We have to stop importing junk from west.
We have to deal decisively with corruption.
We have to empower our youths.
We have to emphasize merit.
We have to be patriotic!
It's a long shot, but we have to try!

Rubbish!

You are told your mother is of little worth due to massive corruption and mismanagement in your system, and your first thought is to blame the standard? Nonsense!

Kobojunkie:
Rubbish!

You are told your mother is of little worth due to massive corruption and mismanagement in your system, and your first thought is to blame the standard? Nonsense!

Gob bless you 🙂

Abee79:
Let's dump the dollar and forge our own path!

I know it sounds unthinkable now, but we'll have to do it somehow if we ever hope to break the economic chockhold that the west has on us.

We have to diversity our economy.
We have to leverage on exports.
We have to produce our own food & goods.
We have to stop importing junk from west.
We have to deal decisively with corruption.
We have to empower our youths.
We have to emphasize merit.
We have to be patriotic!

It's a long shot, but we have to try!

Talk, cheap talk.

Can you imagine if we were producing things, how competitive how exports would have been? Chei!

blueAgent:
Talk, cheap talk.

Absolutely! If we ever have hopes of progressing as a nation, concerted efforts have to be made. Great strides start as "cheap talk" 👍

Blazetrailer:
People just gurgle out nonsense after taking some shepe early in the morning!

How do you stop imports?

Even developed nations like the US, GB, Japan, China, Australia, etc., still import massively.

By the way, have you told your leaders to stop importing their foreign official vehicles and presidential jets first?

Yes u are right and besides d so called developed countries that import also build create and provide what they want massively rather than Nigeria that only base his economy 98% on importation ...


Can u see d difference

Kobojunkie:
No mind them! Even Crude Oil is massively imported into the U.S. every single day.

2. Of course not!

US import rate is like 30% unlike Nigeria that's we are or survive 98% through import and no nation can develop with such 🤔

All our lives and daily survival are base on import so when are we going to become America 🤔 and be part of the developed countries 🤔

Lol... 98% ? I am sure you dont know what you are talking about...you just decided to echo what the market women and Ladipo traders gorge out.

The 2022 statistics showed Nigeria import was about 28% of its GDP(WTO data)

No country is import proof.

Make sure you have your facts and data before you respond to me o! I revel in making people doubt their education here on Nairaland l.

Tayorshd87:
Yes u are right and besides d so called developed countries that import also build create and provide what they want massively rather than Nigeria that only base his economy 98% on importation ...


Can u see d difference

Blazetrailer:
Lol... 98% ? I am sure you dont know what you are talking about...you just decided to echo what the market women and Ladipo traders gorge out.

The 2022 statistics showed Nigeria import was about 28% of its GDP(WTO data)

No country is import proof.

Make sure you have your facts and data before you respond to me o! I revel in making people doubt their education here on Nairaland l.

Yes what am trying to tell u is that ..

In china dey import almost 1% of foreign goods but produce 99.9 % of their materials and export to countries like Nigeria and we depend on what they produce ..


So if china crash today and burn down to ashes then Nigeria is in a mess already since we don't have means to create or build ours ..



The government are not wrong for closing the borders and discouraging importation but where they are wrong is that they should make sure they work on how we produce first before embarking on the journey .



But it's a way to open and unlock our creative mind and abilities to make Nigeria a developed nation someday like america UK Canada etc