₦airaland Forum

Factcheck0001:
this is a great pointer that tinubu is in d right track

it depends.... If tinubu continues to rule for 20 yrs which is not possible then Nigeria will be like Europe... In Europe u do 2 to 3 jobs to pay your bills.....it's already happening in Nigeria... U must now have multiple streams of income to survive Tinubu's economy.... D only issue I have now are d corrupt politicians.... That will steal d money for development at the end of the day

Ofunaofu:
Of course, he's right on track and it's leading us to doom

it is hate that is leading u people to doom

bluefilm:
Reminds me of the high level of propaganda we witnessed during the Nazi era

Stock market is performing so well and stock is rising

Meanwhile, at the same time

The purchasing power of the citizen continue to fall

What an irony!

You witnessed?
Were you alive during the Nazi era?

Well... You can't argue with data.

ryloy:
.

All red for Buhari

Ttalk:
Tinubu is on a right track with economy

You mean right track to poverty all this stats no hold water alaye bcs no be statistics we go chop
The only significant indicator that reflects a nation economy is her currency value and purchasing power.
Nigeria had more foreign investors during GEJ, Yaradua and even PMB. I can tell you for free that there's no or little foreign investors in NGX. The likes of P&G even Unilever has exited Nigeria major market. And as we speak Liberian Dollar is now currently trading at 1 LD = 7.66 NGN meaning that Naira is the worst performing currency in West Africa. So where is the right track bro

Factcheck0001:
this is a great pointer that tinubu is in d right track

Hunger still dey

Buhari a failure and more. Una sure say Buhari mother no lay curse on am at birth? The failure of that man is too much.

Tinubu no be statistics we go chop

Ttalk:
Tinubu is on a right track with economy

I said the same thing

ryloy:
Calm down....The oil price during his tenure was very unfavorable.. what will you say during Jonathan Oil Boom?

Couple with global meltdown

HeadNigga:
Now is the actual time to ask...Na statistics we go chop? Nigerians are hungry...all the greens are not reflecting in our lives

Yes agreed but if we have to move forward the sacrifices some people have to make, great nations added past through it.

Alwaysachick:
Hunger still dey

no work

Just wait for government to come n feed u like obi fed people in their house in anambara

Chienex24:
Lies everywhere just to save face

They have no shame

Obasanjo was the best considering the Naira did not lose much value in the first two years.

Anyways, the economy is rebounding.

Judolisco:
it depends.... If tinubu continues to rule for 20 yrs which is not possible then Nigeria will be like Europe... In Europe u do 2 to 3 jobs to pay your bills.....it's already happening in Nigeria... U must now have multiple streams of income to survive Tinubu's economy.... D only issue I have now are d corrupt politicians.... That will steal d money for development at the end of the day

Abeg which Europe you do 2 to 3 jobs to pay your bills? These guys need castrating. Come online and spew rubbish anyhow just to support calamity

hakeemhakeem:
Yes agreed but if we have to move forward the sacrifices some people have to make, great nations added past through it.

Of course, that's what we heard for 8 years under Buhari. APC get another propaganda? Una go just dey talk like say everybody na mumu

When the currency is poor, people tend to buy stock, when currency becomes strong, people sell stock and buy currency, people invest their money in stock when the value of money depreciates faster and reverse is the opposite.
So, that explains the whole stock gaining and losing. check on the dollar equivalent of the stock value will explain that better for you.

KaLuCh:
Of course, that's what we heard for 8 years under Buhari. APC get another propaganda? Una go just dey talk like say everybody na mumu

Take or leave it people will always be poor at some time and be rich as well, but have been poor right from existence

Factcheck0001:
no work

Just wait for government to come n feed u like obi fed people in their house in anambara

Na Tinubu supporters like you hunger dey worry, are you not working? Or the 30k salary for propaganda and lies don stop?

Tinubu is a genuus.
Giving the enemies of Nigeria what to wail about.

lordm:
Buhari Na real disaster

As in !! I am shocked, ,I wanna believe someone placed a curse on buhari cos I can't understand how someone's destiny can be this bad .

ryloy:
Calm down....The oil price during his tenure was very unfavorable.. what will you say during Jonathan Oil Boom?

It wasn't the price of oil.

Two things led to the destruction of the economy under Buhari:

1. His meddling in the exchange rate.

He started fixing the exchange rate. He openly said he does not believe in devaluation.

What do you think would happen to the Naira with declining oil prices? The Naira would naturally depreciate. Since he hates devaluation, something worse began to happen.

The differential between official rate and the black market rate began to widen as buyers who couldn't get forex offically started going to the black market.

Lamido Sanusi said the differential between the official rate and black market rate should not be more than 3%. The World Bank was even more generous by saying 5%. There was a time the official rate was $1-199 while the black market was 500. This was around March 2017. This was over 200% differential! This led to crippling forex shortage.

His meddling in the forex and Emefiele's enabling the nonsense, and even compounding the problem, led to severe forex shortages. These shortages was what led Shoprite, Emirates and a few multinationals to exit Nigeria.

To understand why there was severe forex shortages, let me use you as an example.

Imagine you were sent $100 through Western Union, would you change it at the bank at 199, when the black market is 300? No! If you won't change your $100 at that rate, what of those bringing in $10m? People would prefer to hold on to their dollars. This would obviously lead to forex shortages.

The haters of good news are at it again! Fake news, propaganda, na lie.............! When Amnesty Int'l released their own statistics about the numbers of people who have been killed and the communities that have been displaced in the two years of this administration, they believed the news to be true! Good news always make them unhappy!

Lol Na STATISTICS WE GO CHOP done turn Tinubu Pointer for performance. Performance we can’t see. Tinubu is the greatest CON man In history he ran a scheme to become president of the world most populous Black country

Anguldi:
President Obasanjo remains the best thing ever to happen to Nigeria 👌💯

No president have saved money like OBJ. Excess crude account 👌💯

You don't drink again. Obadanjo kor Obasanmi ni

Ok, now show the inflation chart, I dare you

Propaganda does not run a country

Factcheck0001:
this is a great pointer that tinubu is in d right track

Right track to increase the poverty.

How the stock market performance is yardstick to measure standards of living.

As inflation is getting higher, stock market, companies and money market will seem gaining more increase in figure but in reality no value to positively impact standards of living of the people with that increased figure. Because cost of living is now higher than ever, more money interms of income less value in market

tnerro1:
Ok, now show the inflation chart, I dare you

Propaganda does not run a country

Pls can you assist me with 2k to feed Sir, I'm soo hungry

[quote author=lordm post=135556020]Buhari Na real disaster [/quote big pandemic