₦airaland Forum

Brendaniel:
Increased by 43% and devalued by more than 200% is like reducing the size of the soup you give a child by 200% and adding water to make it bigger than 43% the size and you expect the child to be healthy...

Exactly. But his supporters thinks otherwise.

id4sho:
Useless Naira after massive devaluation

The naira was been padded before.
Emefiele was using 1.5 billion usd monthly to keep the dollar low.

Alliswell248:
The naira was been padded before.
Emefiele was using 1.5 billion usd monthly to keep the dollar low.

just to remind you the person you mentioned was APC CBN Gov. say something else. He even almost contested under APC party for presidency


dollar was yafun yafun, it was accessible, economy was booming, money was circulating/flowing
the ordinary joe had enough, adequate disposable income under pdp.

but since APC entered Sahara desert DRYNESS everywhere

Antichristian2:
Blame your state Governors and LG Chairmen o!

BAT won't come to your doormot to disburse the funds!

What is the Dollar Equivalent? Let us compare the dollar equivalent to 2015 plus inflation. It is obvious that there isn't any increment

Perfectnumber6:
Funds to be stolen mtcheew

And by who?
So,you can't make them Accountable?
Stop Complaining.

We should blame our governors for bad federal roads , insecurity and herdsmen attacks.

I was told Tinubu is d richest president on planet earth right now.

bewisemasses:
If I employ an architect to construct my building and I pay him for d whole project and the work is substandard. Do I blame the carpenters and masons. Isn't it his work to supervise rather than just pump money. When last did the c in c travel round states to make sure they r accountable to d people.
Even d allocation to d fg, is it commensurate to d work done at d fed level. Until Nigeria stips d rot in our public service this country will continue to bleed. From d fg to d states to d lg to the contractors to their supporters u guys r all thieves bleeding this country and making life horrible for innocent helpless citizens and God will judge u appropriately

It is obvious that some of you reason from your anus. The C in C should be touring all the states to see how the governors use the allocation! This is the most useless comment I have read on NL. Do u know that the president visits states by invitations by the governor or some groups of people or during camping? The governors are chiefs over their states and exept in a case of civil war or other situations where there is breakdown of law that the governor can cannot handle, the state of emergency will be declared by the president, outside such situation,the president has no constitutional power over any governor. Don't just say something out of hate! Critism is not all about negativity, it should be progress-tailored
Hold your governor and LG chairmen responsible. All that the FG could to is to give the money and announce it that the money has been disbursed which I think they have done. Governors don't present budget to the president but to the house of rep who are elected to represent the people by the people themselves. The earlier we started demanding good governance from the state and local level the better and rapid our development will be
Meanwhile from your analogy above: The president does not employ the governors, it is the people that vote them into power so that ur narrative is not in tandem with this situation.

oyeb15:
We should blame our governors for bad federal roads , insecurity and herdsmen attacks.

I was told Tinubu is d richest president on planet earth right now.

Yes, the FG should be blamed for insecurity, bad federal roads etc. We should not relent, let keep agitating for better governance. Even in the developed countries, people ask questions from their governments.
If FG can't tackle insecurity alone, let state police be allowed.

VeeVeeMyLuv:
just to remind you the person you mentioned was APC CBN Gov. say something else. He even almost contested under APC party for presidency


dollar was yafun yafun, it was accessible, economy was booming, money was circulating/flowing
the ordinary joe had enough, adequate disposable income under pdp.

but since APC entered Sahara desert DRYNESS everywhere

Appointed by GEJ.
Don't blame Buhari

oyeb15:
We should blame our governors for bad federal roads , insecurity and herdsmen attacks.

I was told Tinubu is d richest president on planet earth right now.

A wise man would always verify hear say.

Propagating hear say could land you in jail.

Antichristian2:
https://www.channelstv.com/2025/03/19/faac-disbursement-to-fg-states-lg-jumps-by-43-to-n15tn-in-2024/

this would just cause inflation

rotadeco27:
It is obvious that some of you reason from your anus. The C in C should be touring all the states to see how the governors use the allocation! This is the most useless comment I have read on NL. Do u know that the president visits states by invitations by the governor or some groups of people or during camping? The governors are chiefs over their states and exept in a case of civil war or other situations where there is breakdown of law that the governor can cannot handle, the state of emergency will be declared by the president, outside such situation,the president has no constitutional power over any governor. Don't just say something out of hate! Critism is not all about negativity, it should be progress-tailored
Hold your governor and LG chairmen responsible. All that the FG could to is to give the money and announce it that the money has been disbursed which I think they have done. Governors don't present budget to the president but to the house of rep who are elected to represent the people by the people themselves. The earlier we started demanding good governance from the state and local level the better and rapid our development will be
Meanwhile from your analogy above: The president does not employ the governors, it is the people that vote them into power so that ur narrative is not in tandem with this situation.

What about Ministries, Departments and Agencies?

Antichristian2:
Blame your state Governors and LG Chairmen o!

BAT won't come to your doormot to disburse the funds!

Gbam @ bolded

Governors need to be held accountable

Brendaniel:
Increased by 43% and devalued by more than 200% is like reducing the size of the soup you give a child by 200% and adding water to make it bigger than 43% the size and you expect the child to be healthy...

Stop masking your partisanship pain under wuruwuru analysis while talking ogodomigodo. Devaluation was down to floating or currency subsidy removal because there was limited dollar/forex supply. Do you expect him to borrow dollar just to aubaidize the Naira heavily?

Brendaniel:
That's because they are actually receiving less in value, Buhari still paid them more in value than what Tinubu is payeing them...

You seriously need help

CodeTemplarr:
Stop masking your partisanship pain under wuruwuru analysis while talking ogodomigodo. Devaluation was down to floating or currency subsidy removal because there was limited dollar/forex supply. Do you expect him to borrow dollar just to aubaidize the Naira heavily?

Does that make my statement a lie?

Smartwave:
You seriously need help

It is you that actually needs help

jesmond3945:
this would just cause inflation

How?

Amucha:
What is the Dollar Equivalent? Let us compare the dollar equivalent to 2015 plus inflation. It is obvious that there isn't any increment

Are you using $ here?

What do you buy with the dollar?

Antichristian2:
How?

too much cash in circulation

What increased is the face value. The real value declined by 300% or more.

What you were buying in May 2023 cannot be bought with even two times the amount it was bought befire.

If you were buying rice at 40k in May 2023 and now rice is 110k, doubling of your salary still means you're worse off

tundegan:
This is good news.

The government should be able to do more with this increase.

Brendaniel:
It is you that actually needs help

Shebi you are proud of the way everywhere and everyone in the country (except politicians, their family and cronies) are looking dry like Sahara desert since your party APC took over in 2015?

VeeVeeMyLuv:
Shebi you are proud of the way everywhere and everyone in the country (except politicians, their family and cronies) are looking dry like Sahara desert since your party APC took over in 2015?

I made mistake supporting them in 2015 and I have apologized and retraced my steps since I think 2017, I was decieved to believe they were coming to help the country, well I later found out APC is not the main problem of Nigeria including Tinubu.

They are only products of the main problem...