₦airaland Forum

Fat lie.
Politicians and fraudsters account for every extravagant spending

i swear, i think say we dey January.

eepeepook:
…and those coming to visit in January, nko?

Then you can call it Jetty January

Josepholome:
https://growingnigeria.com/articles/the-economics-of-detty-december

Just one so-called ''Detty December'' in Lagos. Let us see how we are able to sustain it going forward.
Ghana has been doing this for many years with foreigners (both Africans and non-Africans) from all over the world troop there every December.
Rita Marley, Steve Wonder and a host of American and foreign stars today have Ghanaian citizenships and/or spend holiday in Ghana every year.

DaddyCoool:
Why do you want God to bless all these?
Just curious

because am not living there but my families are there ..

That's why

Tayorshd87:
Ok na we move .

May God bless APC.
May God bless PBAT
May God bless Nigeria

Beltiso

Tayorshd87:
because am not living there but my families are there ..

That's why

Your family as in your wife and kids?

How can a December be "Detty" without SPENDING?? Pounds, Euros, Dollars moving left, right and center; such a jolly good time for the Nigerian economy and businesses.

babajero:
and why are they coming now of all time.

Favorable exchange rate, expanding global music and film industry, and many other factors. Also a moderately safe SW especially Lagos is also a factor. Safety is key for any visitor and investor. Hopefully, the rest of the country can be as safe as Lagos and the SW soon.

A favorable exchange rate is also used by Americans to decide on where to visit for summer travel, fewer Americans will visit any country where their dollars is of less value, and they will often visit countries where their dollars will go far. That's just the reality of life and it has been like that for generations. People look for value and Nigeria with the exchange rate is giving visitors more value for their money.
For example, I love and enjoy visiting Istanbul partly because my dollars will go a long way while I don't care for Paris and other European countries because my dollars don't go far.

Dittodat:
Nigeria is doing good and more and more people are looking to come and invest in Nigeria.

Only Apc online zombies and happy slaves believe this. This submission has no bearing with the Reality on the streets of Nija.

Beans is selling for ₦9500 per paint, even me wey dey sell sef dey pity buyers bcus the rate at which Tpain destroyed this Country is very unimaginable.

It note worthy that Apc zombies only operate online, you will hardly see one in real life aside thugs, cultists and touts.

Queenjoyce405:
Great read. Detty December really need to be a discourse because the amount of people that cash out, and you say there’s no money in Nigeria keh… naaa and big ups to the CBN though, or am I the one who truly feels Cardoso is highly active and working hard ? I mean policies are continuously rolled out, can’t wait to see the longterm effect, but I’m positive.

Ode!
Yes, you are the only one who truly feel so highly active.

What are the effects of the ones they have been rolling out since they assumed office?

If at your age you don’t know that all they have been doing is trial and error, then you need to find out why you were born without brains.

It’s not too late to go for treatment.

Werey !

babajero:
moral of the write-up is kill the economy, so that you will encourage more people to run away from the country and come back during December to spend.

Poverty has made you unable to appreciate good things.

What the hell is dirty December? Is it today Nigerians abroad started coming home. What makes the December special

Detty December is only possible because the Naira has fallen to never before seen lows.

So while life is much tougher for salary earners and small business owners (who are not into hospitality), it is sweeter for those who live abroad.

If you had sense, you would know that Tourism based on the impoverishing of the citizens is not sustainable.

Detty December doesn't really change the dynamics of Nigerian economy as it's just 31days of spending on entertainment, hospitality, food and Uber- that doesn't make up for the rest of the year for these businesses nor does it impact those who are not involved in any of the ancillary sectors

Tayorshd87:
Ok na we move .

May God bless APC.
May God bless PBAT
May God bless Nigeria

Omo no capping but money really flow this December, from IJGB to the “detty December sales”. In addition kudos to the CBN managing the remittances forex inflow this season. It’s safe to say Nigeria na center of detty December😌

Whiteshield:
Poverty has made you unable to appreciate good things.

please help me explain the good things.

Dittodat:
Favorable exchange rate, expanding global music and film industry, and many other factors. Also a moderately safe SW especially Lagos is also a factor. Safety is key for any visitor and investor. Hopefully, the rest of the country can be as safe as Lagos and the SW soon.

A favorable exchange rate is also used by Americans to decide on where to visit for summer travel, fewer Americans will visit any country where their dollars is of less value, and they will often visit countries where their dollars will go far. That's just the reality of life and it has been like that for generations. People look for value and Nigeria with the exchange rate is giving visitors more value for their money.
For example, I love and enjoy visiting Istanbul partly because my dollars will go a long way while I don't care for Paris and other European countries because my dollars don't go far.

all the rubbish you just wrote was just echoing "Dead economy" . You people are celebrating that people came to Nigeria because Nigeria economy is in camatose and poverty is rampant making the so called visitors to use Nigerian citizens as intimacy gadgets because of overwhelming poverty.

ImoleNaija:
December no too detty.

For your side.....lagos was unusually busy this December like never before and the currency devaluation was a major factor......$1k is about 1.6m that's huge for anyone coming from abroad....this are some of the advantages of devaluation....also look at the real estate sector,who are those buying and building.

It's not enough for obidients to keep complaining about how much they hate tinubu,it's about you positioning yourself and being smart to cash in on the boom.

babajero:
moral of the write-up is kill the economy, so that you will encourage more people to run away from the country and come back during December to spend.

Nigerians have a natural unbridled appetite for going outside the country,about the highest in Africa.....since you can't stop them why not harness the advantages from such emigration rather than keep crying about it....that is a smart move by cities who are tapping into the economic potential.

Dittodat:
Many people coming to Nigeria had not even lived there previously.
I know so many who went to Nigeria in December who were not born nor have ever lived in Nigeria.
You guys thrive on negative narratives that are a complete fallacy.

I know people from Ghana,Kenya and Uganda who came in to revel in the euphoria of detty December....I am in logistics business and I know what I am talking about.

Mijaroh:
To be honest, the amount of cash-flow that most businesses receive during Detty December is INSANE. Everybody wants to go out and enjoy themselves. Plus the dollars and pounds that will be spent!!!

Do you know how many parties even by locals this last December,it was crazy!!

But you see those degenerate obidients would never see that,all they do is see gloom and doom.

eepeepook:
…and those coming to visit in January, nko?

Quite few...every is back to work from Jan 6

Na ur own observation be dat.

ImoleNaija:
December no too detty.

U dey whyn? Who won contest with LAG for this kind matta?

mikeapollo:
Just one so-called ''Detty December'' in Lagos. Let us see how we are able to sustain it going forward.
Ghana has been doing this for many years with foreigners (both Africans and non-Africans) from all over the world troop there every December.
Rita Marley, Steve Wonder and a host of American and foreign stars today have Ghanaian citizenships and/or spend holiday in Ghana every year.

shonepa:
U dey whyn? Who won contest with LAG for this kind matta?

Abuja 🏃🏽‍♂️🏃🏽‍♂️🏃🏽‍♂️🏃🏽‍♂️

Issorite

AMKAG66:
Abuja 🏃🏽‍♂️🏃🏽‍♂️🏃🏽‍♂️🏃🏽‍♂️