Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 - Politics (2)

Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 (6684 Views)

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Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by kayswag100(m): 7:16am On Aug 22, 2025

JustAvo:
Like I told one of you yesterday, pls while defending this government or any private person, do not leave your brain behind. This is not to defend PO, but I find it funny that APC depleted the reserve in question, another APC government has grown a segment of it and are expecting applause. For what? My son bashes my car, I repair it and expect the community to praise me? Common!
Let the president and his cohorts concentrate on making life better for the citizens and leave the need for constant validation. He asked for the job(no, not asked, but did all manner to get d job n doing all manner to retain same), why expect constant praise for doing little to nothing?

Is 50kg rice now 9000? Is petrol now 150/ltr? Do most average government workers' salary comfortably feed em and their immediate family? If all this becomes a yes then, why won't people hail d government? (Atleast 9ja for don dey whr e bn dey as d biggest economy in Africa b4 APC)

God bless you sire! You took this right outta my mouth

Chochocho, no working! No be statistics we go chop. How can a carton of Turkey be 81k ehn huh

1 Like

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by zoedew: 7:18am On Aug 22, 2025

Thundafireseun:
I know PO will not like this news…
More characters needed

His tiny voice is not likely to be heard on this matter.

2 Likes

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Solution0707(m): 7:20am On Aug 22, 2025

it can only be AUDIO TALKING no PHYSICAL OR VISUAL TALKING, the only audio talking i believe in FG is, when it comes to borrowing, that's aspect always come to past, but the use is only on AIR,

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by igatit: 7:33am On Aug 22, 2025

Believe this fake info at your own peril.

Nothing good can be associated with these thieves.

All they do is steal, kill and destroy.

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Dejoe88: 7:33am On Aug 22, 2025

JustAvo:
Like I told one of you yesterday, pls while defending this government or any private person, do not leave your brain behind. This is not to defend PO, but I find it funny that APC depleted the reserve in question, another APC government has grown a segment of it and are expecting applause. For what? My son bashes my car, I repair it and expect the community to praise me? Common!
Let the president and his cohorts concentrate on making life better for the citizens and leave the need for constant validation. He asked for the job(no, not asked, but did all manner to get d job n doing all manner to retain same), why expect constant praise for doing little to nothing?

Is 50kg rice now 9000? Is petrol now 150/ltr? Do most average government workers' salary comfortably feed em and their immediate family? If all this becomes a yes then, why won't people hail d government? (Atleast 9ja for don dey whr e bn dey as d biggest economy in Africa b4 APC)

Don't mind these guys, they think the poor citizens are feeding/surviving from all these propaganda/news. The citizens simply need a direct impact on standard of living. If the citizens/voters retain this APC in 2027, then truly we deserve what we are facing undecided

1 Like

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by victorazyvictor(m): 7:34am On Aug 22, 2025

[quote author=Samtob90 post=136539552]Go and pack the dollar to buy garri now.
Have you ever had money to buy garri before [/quote

grin

Oga leave me o]

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by oluwaseyi0: 7:35am On Aug 22, 2025

victorazyvictor:
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest....

How does it positively affect bag of garri in the market?

If foreign reserve drop to 1million dollar does it negatively affect the market?

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Ibehchizzy: 7:38am On Aug 22, 2025

Remove two billion dollars from it and do the proposed Abuja lagos highway na

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Elliotwaveforec: 7:53am On Aug 22, 2025

Bola my man, the man wey sabi!

1 Like

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by alrahmanonline(m): 7:53am On Aug 22, 2025

HeadNigga:
Funny thing about this foreign reserve increasing is that it didn't happen coz of our government's good policies... it's just the international price of crude oil and other factors surrounding it that determines the state of our reserve

But when the reserve decreases, that's when you'll remember that Nigeria is finished. Your hypocrisy stinks. Tufiakwa

1 Like

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Softmirror: 7:54am On Aug 22, 2025

JustAvo:
Like I told one of you yesterday, pls while defending this government or any private person, do not leave your brain behind. This is not to defend PO, but I find it funny that APC depleted the reserve in question, another APC government has grown a segment of it and are expecting applause. For what? My son bashes my car, I repair it and expect the community to praise me? Common!
Let the president and his cohorts concentrate on making life better for the citizens and leave the need for constant validation. He asked for the job(no, not asked, but did all manner to get d job n doing all manner to retain same), why expect constant praise for doing little to nothing?

Is 50kg rice now 9000? Is petrol now 150/ltr? Do most average government workers' salary comfortably feed em and their immediate family? If all this becomes a yes then, why won't people hail d government? (Atleast 9ja for don dey whr e bn dey as d biggest economy in Africa b4 APC)

So your sons are suppose to continue bashing your car. For all the praise Tinubu is getting today, Buhari's government is it's foundation. Is it the removal of subsidy or the fight against insecurity.........

If I ask you if you still eat quality food, able to live under a decent roof, wear good cloths, able to transport your self to where you wish. The probability that your answer will be YES is almost a 100% because I honestly have never received a NO as an answer from anyone complaining about Nigeria's Economy when I ask them this question. And it sure reflects that they are living well.

Nigeria is prospering, and it will continue to prosper so that some people will either end up having heart attack out of the disease called envy or heal their hearts and we match in prosperity together. 😁

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Elliotwaveforec: 7:54am On Aug 22, 2025

HeadNigga:
Funny thing about this foreign reserve increasing is that it didn't happen coz of our government's good policies... it's just the international price of crude oil and other factors surrounding it that determines the state of our reserve

ha! See olodo o; crude oil price wey dey fall stone currently?

2 Likes

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by elup2023: 8:04am On Aug 22, 2025

After all in 2021 Buhari was still paying subsidy and FX reserve was 41BN dollars but Tinubu remove subsidy so it should be far more than this so nothing special

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by searchlight: 8:05am On Aug 22, 2025

Thundafireseun:
I know PO , ATIKU and enemies of GREAT NIGERIA will not like this news…

For those who don't know … the level of forex reserve of any nation is a major factor at boosting the confidence of foreign investors…

May GOD continue to Bless President Tinubu Nigeria shall be great again

We will celebrate APC when they return Nigeria to the way they met her in 2015 and make some progress. Anything outside that is still a big failure on their side.

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Kukutente23: 8:08am On Aug 22, 2025

Tareq1105:
You can say anything you like and if you're waiting for that then you're not ready for the new Nigeria. Please get a living.

You mean the new Nigeria is where prices are off the roof?

This your new Nigeria get k-leg o

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Laffwittmi: 8:09am On Aug 22, 2025

You want Nigeria backward, no infrastructure put in place for 16 years of pdp

quote author=searchlight post=136540080]We will celebrate APC when they return Nigeria to the way they met her in 2015 and make some progress. Anything outside that is still a big failure on their side.[/quote]

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by chidiokay: 8:11am On Aug 22, 2025

emkz:
Breaking NEWS: Peter Obi will go silent for two days and then go on a twitter rant complaining about multidimensional poverty in the north, and comparing Nigeria with Bangladesh, Malaysia, Indonesia and China. Why can't he compare Nigeria using examples of Anambra he governed? Instead, he is listing countries he did not contribute to governance.

Next time they ask for savings from subsidy removal, show them where some of it enters. We shore up our reserves instead of using the forex to subsidize an abused dual foreign exchange market.

Under Tinubu, Nigeria is rising, and so shall it rise. May those who never wish this country well but want power continue to agonize about Bangladesh, China, Indonesia and Anambrasia, and also be jumping from APGA to PDP to LP to ADC to confusion and form coalition and run out of the country because they cannot manage the heat from the coalition they set on fire.

While we commend Tinubu for raising the foreign reserves, we want him to engage in massive infrastructural development. We need rural penetration and overhaul of the grid system.

We also heard that police and soldiers extort trucks carrying food items that total taxes paid to security personnel can be up to 700,000 per truck. We'd ask that the administration looks into this and stop the extortionist tendencies. One way to do it is to ensure that security personnel patrol highways and do not set up road blocks to extort drivers.

We should not normalize evil.

All the epistle is needless you know, in summary tell us the impact of the all-time rising Reserve and revenue rise they keep proclaiming
Can you posit our local productivity or oil production or export have increased in the last 2yrs, common sense where is the increase revenue coming from .. TAX ??

Is it a mystery that despite the revenue rise Tinubu is running from pillar to post to borrow more loans and he cant even clear the pencom backlogs
No nation can tax itself to prosperity .... evil govt

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Dotherightthing: 8:12am On Aug 22, 2025

Pigs will still grunt nonsense

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by AngelicBeing: 8:12am On Aug 22, 2025

anonimi:
If this is true then why are we not at N300/$1 despite having $84 billion in subsidy savings and $3.3 billion Afreximbank loan?

Who is fooling who

Hian, you have started again ooooooooo with your savage response mucheche, this is an old SOVIET UNION SCUD MISSILE from your armory fired from the Pentagon headquarters in the USA..... hahaha 😂

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Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Kukutente23: 8:13am On Aug 22, 2025

Softmirror:
So your sons are suppose to continue bashing your car. For all the praise Tinubu is getting today, Buhari's government is it's foundation. Is it the removal of subsidy or the fight against insecurity.........

If I ask you if you still eat quality food, able to live under a decent roof, wear good cloths, able to transport your self to where you wish. The probability that your answer will be YES is almost a 100% because I honestly have never received a NO as an answer from anyone complaining about Nigeria's Economy when I ask them this question. And it sure reflects that they are living well.

Nigeria is prospering, and it will continue to prosper so that some people will either end up having heart attack out of the disease called envy or heal their hearts and we match in prosperity together. 😁

How can you say Nigeria is prospering when majority of the people are living in poverty?
Minimum wage as at today can only buy 75L of fuel. That fuel cannot fill the tank of a V6 car. Most Nigerians are either using okada or Keke napep for transport. How's that a sign of prosperity? How many Nigerians even eat decent 3 square meal. A country that has millions of malnourished children cannot be said to be prospering pls

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by just2endowed: 8:13am On Aug 22, 2025

victorazyvictor:
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest....

How does it positively affect bag of garri in the market?

They like hearing all these stuff. It's better than no food on the table. Chai

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Cajal(m): 8:14am On Aug 22, 2025

victorazyvictor:
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest....

How does it positively affect bag of garri in the market?

Oludo

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by shox: 8:14am On Aug 22, 2025

Softmirror:
So your sons are suppose to continue bashing your car. For all the praise Tinubu is getting today, Buhari's government is it's foundation. Is it the removal of subsidy or the fight against insecurity.........

If I ask you if you still eat quality food, able to live under a decent roof, wear good cloths, able to transport your self to where you wish. The probability that your answer will be YES is almost a 100% because I honestly have never received a NO as an answer from anyone complaining about Nigeria's Economy when I ask them this question. And it sure reflects that they are living well.

Nigeria is prospering, and it will continue to prosper so that some people will either end up having heart attack out of the disease called envy or heal their hearts and we match in prosperity together. 😁

you are so incoherent .
You did not comprehend what he was saying. Data boy

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by jamafa: 8:15am On Aug 22, 2025

HeadNigga:
Funny thing about this foreign reserve increasing is that it didn't happen coz of our government's good policies... it's just the international price of crude oil and other factors surrounding it that determines the state of our reserve

But if it's goes down or negative side 😂 U guys will wail again 😂

It's well

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by OYEDIPE(m): 8:16am On Aug 22, 2025

victorazyvictor:
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest....

How does it positively affect bag of garri in the market?

Talk to your greedy local suppliers to tamper mercy with justice on the way they mark-up their products.

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by OYEDIPE(m): 8:18am On Aug 22, 2025

just2endowed:
They like hearing all these stuff. It's better than no food on the table. Chai

Little do you know how these resonates (with time) into the micro economy.

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by Factcheck0001: 8:19am On Aug 22, 2025

victorazyvictor:
Nigeria’s foreign exchange (FX) reserves rose to $41 billion on August 19 – the highest....

How does it positively affect bag of garri in the market?

Una own no pass garri n rice.

Your brains can't think beyond those 2 things,if only u know tinubu can borrow or deplete Nigeria external reserve to make those things very cheap till his government is over then it will become a problem for us later.

Now I know it is people like u that make politicians do silly things for quick gains n long time suffering

Re: Nigeria’s FX Reserves Rise To $41Billion, Highest Since 2021 by 004gist: 8:19am On Aug 22, 2025

after 4 years they only added 1 billion dollars.

Obasanjo wad adding an average of 6 billion in his time

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