₦airaland Forum

TheWitchKing:
If you have not been able to solve the issue of the floating naira on an import based economy, Then you should first of all do your best to forget all these propaganda. This shit___ wont work.

1.) Open the borders and make Nigeria an EXPORT BASED economy like China.
2.) The loans you have collected, use it to Enforce Establishment of Farms, industries etc. Then Let individuals apply to become CEOS and Chairmen of companies. Then you Closely monitor the Progress of the companies and Demand ROI after a period of years.
3.) Mandate that the made in Nigeria products meet up to standard before you export anything out to Nations, and make sure target nations include US, Taiwan, That useless China and some other making sense nations.
4.) Make business connections, as chairman of ECOWAS, force business around your sister nations and other African nations.
5.) Declare currency redundancy, and redecimalise your currency OR Establish a new currency.
6.) Use Liechtenstein as case study. Find a way to let people bring in Money into the nation, and surcharge a fee.
7.) The Ghanaian Cedis and South African Rand are in the World Currency Market, why is Nigerian naira not there? Why not find a way to have it there?

If they can sort this 7 things, Nigeria would be a better place, Not Propaganda in the morning , Propaganda in the afternoon, Propaganda in the evening. Nigeria is like 65 years now, No progress.

surgical:
if it's you will you change your winning tactics propaganda has been working for him,reason he has continued with it
Besides if the economy works and people are well off ,he can't buy their votes with handouts, they will make rational choices so it's in his interest to keep the people poor,it's their strategy

MasterJayJay:
Story!!

If you know history, you won't be fooled by these 'experts'.

2023, same experts said Naira will be 700 naira to Dollar.

https://africa.businessinsider.com/local/markets/nairas-dramatic-comeback-experts-predict-naira700-to-dollar1/qgkczlw

But today they are saying it will be 1,500 naira to a dollar will be stability.

700 naira to 1,500 naira is progress?

goldmatrix:
If you mop up stolen funds in federal parastatal, departments, state government private pockets, ministers pockets etc you will know that 90% of both state and federal budgets are used by private individuals..

TheWitchKing:
Obviously he wont. Secondly, i know Nothing like that, he does not have plans to do anything for Nigeria , just 8 years propaganda. Nothing else

TheWitchKing:
If you have not been able to solve the issue of the dwindling floating naira on an import based economy, Then you should first of all do your best to forget all these propaganda. This shit___ wont work. IMF and world bank first checks what the nation is offering and if there is Nothing, i wonder what would make the naira stronger. Even if na Ammunition and war drums , export am first!

1.) Open the borders and make Nigeria an EXPORT BASED economy like China.
2.) The loans you have collected, use it to Enforce Establishment of Farms, industries etc. Then Let individuals apply to become CEOS and Chairmen of companies. Then you Closely monitor the Progress of the companies and Demand ROI after a period of years.
3.) Mandate that the made in Nigeria products meet up to standard before you export anything out to Nations, and make sure target nations include US, Taiwan, That useless China and some other making sense nations.
4.) Make business connections, as chairman of ECOWAS, force business around your sister nations and other African nations.
5.) Declare currency redundancy, and redecimalise your currency OR Establish a new currency.
6.) Use Liechtenstein as case study. Find a way to let people bring in Money into the nation, and surcharge a fee.
7.) The Ghanaian Cedis and South African Rand are in the World Currency Market, why is Nigerian naira not there? Why not find a way to have it there?

If they can sort this 7 things, Nigeria would be a better place, Not Propaganda in the morning , Propaganda in the afternoon, Propaganda in the evening. Nigeria is like 65 years now, No progress.

morikee:
Same projected in 2024 some expert even called 900/$ due too Subsidy removal

Elusive001:
Stop tryna squeeze blood out of a stone

BoldBrainz:
All the experts are mad!

Everything they've predicted since Buhari has been shit. By now they should know that the Nigerian economy does not obey predictions, prophecies or even coherence. Who them wan whine?!

damkin24:
Don't bring negative mindset into the new year. Change for once

BoldBrainz:
All the experts are mad!

Everything they've predicted since Buhari has been shit. By now they should know that the Nigerian economy does not obey predictions, prophecies or even coherence. Who them wan whine?!

femtex007:
Your problem is. U don't just want to hear anything good about Nigeria.
But weda u like it or not. Nigeria will be great again

Amonijosh1:
WHICH EXPERTS.
there is now lower or zero importation of finished petroleum products, which was a major driver for naira free fall. No rockets science here. PMS Price and Naira will continue to appreciate as the country embraces production. Mind you, production should be in all sectors to get greater effect.

Elusive001:
Not that he won't. He cannot. He can never. You can give what you don't have. It Luke saying that a goat won't roar. Saying won't portrays the notion that he has the capacity, but will not use it. This is wrong. He does not have it at all, so "won't " does not suffice.

goldmatrix:
If you mop up stolen funds in federal parastatal, departments, state government private pockets, ministers pockets etc you will know that 90% of both state and federal budgets are used by private individuals..

Islie:
Financial analysts and economic experts are optimistic of a stronger value of the Naira to the US dollar as well as lower premium motor spirit (PMS)/petrol prices in Nigeria in 2025, driven by improved foreign exchange inflows and reduced fuel imports.

Analysts anticipate that increased oil production and domestic refining capabilities will ease pressure on the currency, potentially stabilising PMS prices.

This optimistic outlook is hinged on successful economic reforms and global market conditions.

This is as banks are expected to heighten their recapitalisation exercise in a move to beat the March 2026 deadline imposed by the Central Bank of Nigeria (CBN), with the same exercise to commence in the insurance industry next year after the Consolidated Insurance Bill is passed into law,

LEADERSHIP can exclusively reveal that, coupled with expected increased borrowing by the federal government to reduce the 2025 budget deficit, hopes are high that these developments will positively influence the inflation rate and reshape the economy.

President Bola Ahmed Tinubu’s proposed budget aims to lower inflation from 34.6 per cent to 15 per cent and enhance the naira’s value from approximately N1,700 to N1,500 per dollar.

With a record budget of N47.9 trillion that is hinged on a deficit of over N13 trillion in a year that banks are shoring up capital, analysts said they expect the government to borrow more than it envisaged as it is anticipated that inflation and pressure at the foreign exchange market are expected to wane in 2025.

Banks will, by next year, put finishing touches to the capitalisation process some of them started in 2024 while those still at the preliminary stage of fund raising will heighten the process in the new year in a bid to meet the deadline.

Similarly, the recent apex bank’s intervention in the Foreign Exchange (Forex) market seems to be bearing good fruits as the nation’s currency has gathered strength in recent times, a development market observers expect will continue next year.

In the energy sector, the recent drop in fuel pump prices is expected to continue next year, as the Petroleum Motor Spirit (PMS) continues to reflect market price, following the pattern of the global oil price. At the same time, the government is expected to address the constant grid collapse that plagued the power subsector of the energy industry in 2024.

All these earlier-mentioned initiatives are expected to ease the operating environment for players in the manufacturing sector and Small and Medium Enterprises (SMEs), while Nigerians will begin to feel their impacts on the pricing of goods and services across the country.

LEADERSHIP had earlier reported that, by 2025, the insurance industry would undergo a fresh recapitalisation exercise after the Senate passed the Consolidated Insurance Bill into law, specifying N10 billion for life insurance firms, N15 billion for non-life business and N35 billion for reinsurance companies in the country.

Although the bill will now be transmitted to the House of Representatives for concurrence, and if the lower House concurs with the provisions, it will then be transmitted to the country’s president for assent before becoming a law, there are indications that the bill will scale through the remaining processes to become law, possibly, when the House returns early next year.

Although the federal government envisages strengthening the naira to N1,500 in 2025, the chief executive of Financial Derivatives Company, Bismarck Rewane, said the Naira misalignment is expected to reduce.

In an emailed note, he said, “We believe the Naira will appreciate mildly in 2025, starting in February and reaching N1,550 per dollar in the first quarter.

“The exchange rate is the price of the dollar in Naira terms (N1,650 per dollar).It is the factor that brings the domestic and external economies into equilibrium. Our projections and estimates are based on the following: crude oil price at $70pb, oil production at 1.4mbpd, gradual but limited policy reform efforts, and modest FDI inflows, amongst others.”

He noted that will be a challenge with economic growth in 2025 but is expected to be better than in 2024.

“The Economist Intelligence Unit (EIU) posits that real GDP growth will strengthen in 2025-26 as the Dangote oil refinery ramps up production.

“This development is expected to displace fuel imports and boost exports. In line with this, disinflation, anticipated to begin in Q2 2025, along with interest-rate cuts and greater exchange rate stability, is likely to foster improved consumer and business confidence. Hence, we project GDP growth of 3.6 per cent in 2025 and 3.5 per cent in 2026.

“In 2025, the Nigerian economy will be marked by fiscal and monetary policy efforts to reduce food prices. We expect an extension of the import duty waiver and possible data changes like a GDP rebasing and inflation basket reconstitution,” he said.
https://leadership.ng/2025-experts-predict-stronger-naira-lower-pms-prices/

just2endowed:
Nigerian economy does not follow normal economic theories.

Greenlandz:
They're talking in the opposite. They're actually seeing 1 dollar equals to 10,000 in 2025

BoldBrainz:
If you were not doing blind and foolish political support, you'd have seen the very clear message in that comment.

Ozuor! MannaBBQ was a legend in the ass-kissing game. You neophytes should study up on him. Him don quiet today.

All of una dey craze! Someone cannot express opinions in Nigeria again, the person must be a loyalist of a certain political camp. Una papa!

Elusive001:
As a country, we are yet to understand the impact of leadership. Once the executive has integrity, it trickles down to the judiciary, legislative, and every other parts of the country.

A corrupt, nepotistic, evil, executive will NEVER ever sanitise the system, never!!

Islie:
https://leadership.ng/2025-experts-predict-stronger-naira-lower-pms-prices/