₦airaland Forum

So $1 to #1500 should be celebrated as an achievement of this administration while they met the same exchange at $1 to #180 in 2015 and condemned the GEJ administration for that rise!
😂😂😂😂

DeepSight:
The hypocrisy and justification of failure are just staggering.

Extremely staggering. Unbelievable

givedemwotowoto:
These people just wake up and spin any baalablu out for Nigerians to consume

It's too complex for you to comprehend. Just stick with your mob mentality of beer palour gossip.

helinues:
Another good news to start my Sunday. President Tinubu has been putting smiles in Nigerians faces with his policies and reforms

To those who want to cry about this news as it's positive news about Nigeria, do your crying in peace without lumping us

former chairman agbe-ro union nairaland branch the people that asked if dollar at this was ok is in charge and I Know you knew.when house rent was 250 for 2bed now it's 700.the union keep writing Epistles to tell Nigerians that it's ok at 700 than when it's 250

Please allow Nigerians to muster the little peace that they have. Don't come around with your cheap propaganda and scatter the little peace there is. If the economy is improving, it will be felt in the streets. How can prices of things be this high and yet you have the effrontery to say the economy is stabilizing. As at 2014, # 350 000 can afford you a car. In 2025. The same car that you can afford for 350k in 2014 is sold for $3.5million. You don't need to spill out stats. People are feeling it and people are seeing it. Poverty has multiply into ten fold. How can you be this evil by lying to cover up your incompetence. This is pure evil.

DeepSight:
This has to be a joke.

We are an import dependent economy.

No import dependent economy can prosper with a weak local currency - because it will always have to pay more to obtain global trade currencies- thereby ensuring that it remains poor. This is Economics 101.

Countries which can afford to devalue their currencies are high producing economies which dont rely on imports. China, Japan, and several others come to mind.

If you think that when everything you use is imported - then you can devalue your currency - then you are eiher clueless or in bed with imperialists.

They dont stop to think - when they say, oh, foreigners are buying more from us - they dont stop to think that those foreigners have gotten your naira cheaper and are giving you back a weaker naira with less purchasing power and which has sparked inflaton to impoverish you. A cycle.

End of.

Then you remain an import dependent country forever if Nigeria refuse to accept the realistic value of the naira.

Your layman argument is flawed because you would eventually run out of forex to defend the naira and all hell will break loose - You can never outsmart the market

Doyin2:
Vicious circle of economic stupidity .

Most Developed economies have the strongest currencies,with exchanges in single and at most double digits.

So how do you become a developed economy with an extremely weak ,worthless currency,with exchanges in 4 digits?

Countries need foreign currencies only for importation purposes,so the lower the exchange rates, the better.There is no other reason for having foreign reserves.

So the people will continue to suffer exorbitant prices and imported inflation on the goods we cannot produce 100% locally ,making them poorer.

The imported inflation would also have ripple negative effects on local manufacturing/production ,via high cost of imported machines and raw materials.

It is therefore foolish economics to think that high exchange rates would drastically improve exports without increasing local production,which is boosted by lower cost of inputs.

Artificial and non sustainable increase in exports as reaction to a surge in exchange rates,would continue to cause local scarcity of the exported products.

In summary,the best way to a sustainable export driven and developed economy, is by direct stimulation of higher productivity that would be sufficient for both local and international needs and not currency devaluation or floatation.

How do we achieve this?

1. Low,single digit interest rate for cheaper access to credit

2.Low forex exchange rates and import duty subsidy for imported plant and machinery we can currently not produce locally

3.Collosal funding of research and development of local manufacturing of plant and machinery.

4.Regular power supply

5. Cheap fuel prices for manufacturers and farmers

6,Collosal funding and subsidies for mechanised
Farming.

7.Etc. But definitely not Naira devaluation!

Stupidity is when you continue to export what is not locally sufficient,just because of earning more naira equivalent. Individual exporters benefit whilst the people and country as a whole suffer!

Nigeria’s economy was absolutely much more stronger and better,when the Naira was naturally (not the current artificial)stable and almost equivalent to the dollar!

Spot on!
I wish I could like this a billion times!
Your solutions are what is needed to grow our economy!

bentenny:
You simply described a man whose wife and children are extremely poor but he keeps announcing to them that he has a billion naira in his bank account!😆😆
Paper qualifications without the corresponding sense!

For all that you have mentioned,none of these reforms have reduced food inflation,prices of goods and services or made Nigeria a producing nation atleast to what apc met in 2015!

So minimum wage is now an achievement by this administration?
Oh my lord😂😂
Do you know that the minimum wage in 2015 that was 19800 is bigger in terms of value than the 70k you keep pontificating around as an achievement?
Even Bubu 30k despite being worthless was more valuable than your much elevated 70k....yet you claim to have a 1st class and PhD in accounting😂😂

Tax reform where everyone will pay 5% for every litre of PMS in 2026 or abi the same tax reform that will likely increase its VAT to 10-15% by next year to further impoverish the citizens?

You are one of the reasons why most of our youths claim school in Nigeria is a scam!

It's a pity that you have decided to wail till 2031

It's really a pity.

Deji is still waiting for your lienus to sue him ooo.

Pick one:

Which party does lienus obi belong to?
A. LP
B. ADC
C. PDP.

chidiokay:
You guyz have being talking But you havent just made reasonable sense to sane Class, i am not naive

1. Yeah market unification, but however you cant posit stabilized priced in a country you visit market today #10 next market day you hear another price .. that is the reality
You can't posit investor confidence without a reflective FDI index, stop

2 . whatever you on about the data protection is not tenable, Nigerians have keyed in into remote work, cryto trading long before 2023 ... how is the act protecting US now ... whats different

3. Can you substantiate marine n blue economy with upscale trade balance, you have fish export surplus yet fish is damn expensive in the market, why ?? they say $$ make it make sense

4. Lifting FX restriction how as that helped to reinstate purchasing power of manufacturers or major importer, the money that can buy me i max container 2022 can't buy half container .. what should i celebbrate
5. please back it up with importer's testimony .. smh

6. Are we now producing more oil, have we met our local demands and why did dangote have to source outside

7. You are just sounding like an undergraduate reading out presentation, gas is 1300 per 1kg is that cheap for household from how much in 2023

8. Read dangote complaints and try to consolidate

9. Yeah clear Airline backlogs But as a customer how does it impact customer experience, recently sowore showed deteriorating state of muritala airport whats patronage rate compare to before, is it good

10 .. save that one for exam purposes 🤣

It almost like i am back to school, reading those bullshit theories that have no use in real world

You make school fee unaffordable then come up with loan with limits as solution .. in a country graduate finish school n use 5yrs to find job then you start paying loan back inside 70k minimum wage salary 🤣🤣 complete joke

Leave paper achievement, show us IMPACT even your mom can relate

You know when a man is destined to wail, nothing can save him.

It's not worth it to argue with a dissident whose trade is the abuse of other's family.

In my place, we do not wake up our mom with sliding tackles, so I understand where you are coming from.

The fact remains that:

Nigeria is making progress, and that progress is making you and your ilks sad. And we are extremely happy about this.

How is Nnamdi Kanu?

The way Nigerians brag about being "An import dependent nation" like is something to be proud of makes one wonder if they know that it is not a bad tag to also be called an export dependent nation.

China will give an arm and a leg to have this our exchange rate but US will never allow them or better still do as Trump is doing, make it very difficult to import into the US.

Make shame still de catch una, everyone should consider what they can contribute to the world and stop the consumer mentaility.

creativejagaban:
It's a pity that you have decided to wail till 2031

It's really a pity.

Deji is still waiting for your lienus to sue him ooo.

Pick one:

Which party does lienus obi belong to?
A. LP
B. ADC
C. PDP.

😄😄
Instead of having a robust response to your voyage of lies from your paymaster,you decided to as usual prevaricate as a way of deflection!

Meanwhile have you presented your 'unfabricated' screenshots of Deji's recants with available timestamps?😆😆

Since you want to get cheeky,let's start with this....
How come Tinubu called Alex Zingman his 'schoolmate' when Alex never attended CSU but the university of Illinois?😄
How did your paymaster graduate from a secondary school that was established 5 years later?
Yet you call Obi a liar....😆
More like a pot calling a kettle black😄

This is the kind of news that always make some people wailing,I remember when a dollar was 1800 they are shouting it will reach 3k, but today the reversed is the case. The economy may not have been where we really want and desire but definitely there has been improvement and it could only get better.

Those that always rejoice in negative news,I pray God change their mind.

Bovis:
Then you remain an import dependent country forever if Nigeria refuse to accept the realistic value of the naira.

Your layman argument is flawed because you would eventually run out of forex to defend the naira and all hell will break loose - You can never outsmart the market

If you know what is stolen by politicians from this country every month you will end this line of argument sharply. More than what was used to defend the naira and more than the so called cost of subsidy - which was an inflated cost anyway.

Remember also that money used to defend the naira is not money dashed out. It is simply forex placed in the market strategically in exchange for naira.

bentenny:
😄😄
Instead of having a robust response to your voyage of lies from your paymaster,you decided to as usual prevaricate as a way of deflection!

Meanwhile have you presented your 'unfabricated' screenshots of Deji's recants with available timestamps?😆😆

Since you want to get cheeky,let's start with this....
How come Tinubu called Alex Zingman his 'schoolmate' when Alex never attended CSU but the university of Illinois?😄
How did your paymaster graduate from a secondary school that was established 5 years later?
Yet you call Obi a liar....😆
More like a pot calling a kettle black😄

That's where you and I are different.

It is beyond your MO to understand that I don't vouch for the president's private life. We all have ours.

But for you to want to kill yourself about a lienus of a lambanus, even though you know you are lieing to yourself - you need to be studied

You will never see me defend the president about any attack about his private life. It does not concern me. What concerns me is his extreme performance as a president.

But you want to defend obi's private life, private talk - someone that is described as a “fraud,” a “religious bigot,” “leader of the mob,” "political prostitute,".

Someone that does not even know you.

Someone we have seen countless of times giving bribe to people.

Someone that even cursed himself because of politics. Or are you not aware of this?

It's a shame.

One question for you:

Why can't obi and his family live in anambra that he governed for 8 years?

Abeg how much be dollar to naira? This is terribly misleading!

creativejagaban:
That's where you and I are different.

It is beyond your MO to understand that I don't vouch for the president's private life. We all have ours.

But for you to want to kill yourself about a lienus of a lambanus, even though you know you are lieing to yourself - you need to be studied

You will never see me defend the president about any attack about his private life. It does not concern me. What concerns me is his extreme performance as a president.

But you want to defend obi's private life, private talk - someone that is described as a “fraud,” a “religious bigot,” “leader of the mob,” "political prostitute,".

It's a shame.

One question for you:

Why can't obi and his family leave in anambra that he governed for 8 years?

Another epistle from Tinubu paymaster!
All these shalaye nah because of Tinubu?


You call Obi a political prostitute but your paymaster was once in SDP as a senator and then to AD before porting to ACN and then APC😆😆

You keep heaping questions when you are yet to answer any of my questions?
Is that how you got your fake first class?😃
Well why am I surprised when your paymaster also graduated from a secondary school that was established 5 years later!
If not for the late activist,late Chief Gani Fawehinmi (SAN),Tinubu would have claimed he attended both university of Chicago and CSU😆😆 same way he claimed he was an employee of dellottie only to be disowned by the company😎

Once again,I await your rebuttal of Deji X screenshot recants that you refer to as fabricated!
Show your proof with your own screenshot with timestamps🥱🥱

No more shalaye😆

Adeyinka123:
God Bless Tinubu!! God Bless Nigeria!! God Bless us all

God will bless Nigeria and Nigerians but God cannot bless Tinubu unless he repents and put the interest of Nigerians at the fore , till he repents from a tribal leader to a national leader it can’t happen

bentenny:
Another epistle from Tinubu paymaster!
All these shalaye nah because of Tinubu?


You call Obi a political prostitute but your paymaster was once in SDP as a senator and then to AD before porting to ACN and then APC😆😆

You keep heaping questions when you are yet to answer any of my questions?
Is that how you got your fake first class?😃
Well why am I surprised when your paymaster also graduated from a secondary school that was established 5 years later!
If not for the late activist,late Chief Gani Fawehinmi (SAN),Tinubu would have claimed he attended both university of Chicago and CSU😆😆 same way he claimed he was an employee of dellottie only to be disowned by the company😎

Once again,I await your rebuttal of Deji X screenshot recants that you refer to as fabricated!
Show your proof with your own screenshot with timestamps🥱🥱

No more shalaye😆

Remember, Tinubu is your president and will remain so until 2031. No amount of name-calling or grandstanding will change that.

Obi’s issues remain, whether you dwell on Tinubu’s certificate or not, it doesn’t erase lienus' reputation as a fraud, a political opportunist, a liar, and a leader of the mob.

And we are still waiting for Lienus to take Deji to court.

Meanwhile, why is lamba and his family not living in anambra he governed for 8 years?

Jagabanfromcali:
God will bless Nigeria and Nigerians but God cannot bless Tinubu unless he repents and put the interest of Nigerians at the fore , till he repents from a tribal leader to a national leader it can’t happen

Mention 3 things you think Tinubu's government has done wrong and what you think should have been done instead.

creativejagaban:
You know when a man is destined to wail, nothing can save him.

It's not worth it to argue with a dissident whose trade is the abuse of other's family.

In my place, we do not wake up our mom with sliding tackles, so I understand where you are coming from.

The fact remains that:

Nigeria is making progress, and that progress is making you and your ilks sad. And we are extremely happy about this.

How is Nnamdi Kanu?

if it were to be One Man wailing e for good small But when the whole nation share same opinion Tinubu/apc have worsened Nigerian than they met ... you need to walk back to "6" were you buried it

when you say progress, what did Tinubu met bad that is now better, is power generation now above previous number, is it refinery that is working or is Nnpc producing more oil than previous scale ... is it insecurity death scores is more than isreal gaza war sef ... at this junction progress in what exactly

Yoruba nii tii won ba ràn é nii isé erun waa fii tí omo jé Buh you nd helinues una no even get "omo" inside of una... erun all the way nii

helinues:
That's the point which I want to get from you. You are not suffering or going through any hardship yet you lots are basing hardship as the reason why President Tinubu should be replaced.

If his policies are working for you lots, why are you undermining it?

Are you a joker or something, which Tinubu policies to start it with, is it the rice palliative, import waiver on medicines that never took effect or is it the local govt autonomy where Tinubu over rides lagos assembly decisions

Is it hiked Import duties that as made my life better, i ask again which Tinubu policies is making your uncle life better under ×3 inflation abi naa the 70k

i am self employed ... do you know the int rate on loans now and what it cost to run a business daily now ... dem still dey feed you abi

chidiokay:
Are you a joker or something, which Tinubu policies to start it with, is it the rice palliative, import waiver on medicines that never took effect or is it the local govt autonomy where Tinubu over rides lagos assembly decisions

Is it hiked Import duties that as made my life better, i ask again which Tinubu policies is making your uncle life better under ×3 inflation abi naa the 70k

i am self employed ... do you know the int rate on loans now and what it cost to run a business daily now ... dem still dey feed you abi

If you are not going through the hardship under this government, it simply means their policies are favouring you. That should be logical

creativejagaban:
Remember, Tinubu is your president and will remain so until 2031. No amount of name-calling or grandstanding will change that.

Obi’s issues remain, whether you dwell on Tinubu’s certificate or not, it doesn’t erase lienus' reputation as a fraud, a political opportunist, a liar, and a leader of the mob.

And we are still waiting for Lienus to take Deji to court.

Meanwhile, why is lamba and his family not living in anambra he governed for 8 years?

A president that licks mic cannot be my president!😁
A president that pontificates over sustaining an exchange rate of $1 to #1500 when he had once criticized a president who had $1 to #190 can never be my president!
A president that graduated from a secondary school that was established 5 years ago can never be my president!
A president that lied about being school mates with a man that was 13 years when Timubu graduated from CSU can certainly not qualify as a president of the most populous black nation.
A president that lied about his educational qualifications can never be a president in a sane society!

As much as I don't want to meddle into trivialities and hapless prevarication,Obi is a Nigerian and a national figure who can stay in any state as he chooses including Lagos state as long as he pays the rents and fulfills his obligation as a law abiding citizen!
Just the same way he owns a House in Anambra state and constantly stays there unlike your paymaster who hardly stays in Nigeria because he is hiding his failing health status!

So when are you going to present a rebuttal to the Deji X screenshot that I attached which you called fabricated?
The more you keep evading this question,the more people discover that I am right😁
I challenge you to present a contrary screenshot to mine with the timestamps or you are the liar!
Leave all these deflective shalaye and send me your robust rebuttal with evidence 😆😁😁

bentenny:
A president that licks mic cannot be my president!😁
A president that pontificates over sustaining an exchange rate of $1 to #1500 when he had once criticized a president who had $1 to #190 can never be my president!
A president that graduated from a secondary school that was established 5 years ago can never be my president!
A president that lied about being school mates with a man that was 13 years when Timubu graduated from CSU can certainly not qualify as a president of the most populous black nation.
A president that lied about his educational qualifications can never be a president in a sane society!

As much as I don't want to meddle into trivialities and hapless prevarication,Obi is a Nigerian and a national figure who can stay in any state as he chooses including Lagos state as long as he pays the rents and fulfills his obligation as a law abiding citizen!
Just the same way he owns a House in Anambra state and constantly stays there unlike your paymaster who hardly stays in Nigeria because he is hiding his failing health status!

So when are you going to present a rebuttal to the Deji X screenshot that I attached which you called fabricated?
The more you keep evading this question,the more people discover that I am right😁
I challenge you to present a contrary screenshot to mine with the timestamps or you are the liar!
Leave all these deflective shalaye and send me your robust rebuttal with evidence 😆😁😁

Stop joking

Tinubu is the president of the federal Republic of Nigeria. And I am a Nigerian. Who are you

And if they ask you who is the president of Nigeria, what will you say

Or, better still, who is the president of your country?

Meanwhile, deji is still waiting to be sued oo

Also see what the lamba personal aide and baby mama, Sarah Ibrahim posted about the appeal court judges. Is this not more weighty than what you claim deji said about obi.

creativejagaban:
Stop joking

Tinubu is the president of the federal Republic of Nigeria. And I am a Nigerian. Who are you

And if they ask you who is the president of Nigeria, what will you say

Or, better still, who is the president of your country?

Meanwhile, deji is still waiting to be sued oo

Hmmm....Thanks for authenticating that Deji screenshots recants were not fabricated while affirming that you are a glorified liar!
The rest of your fruitless and puerile prevarication is a waste of time!
I'm done here!

bentenny:
Hmmm....Thanks for authenticating that Deji screenshots recants were not fabricated while affirming that you are a glorified liar!
The rest of your fruitless and puerile prevarication is a waste of time!
I'm done here!

Continue to relish in your delirium.

Tinubu is your president.

helinues:
If you are not going through the hardship under this government, it simply means their policies are favouring you. That should be logical

Any common man comfortable in Nigeria as at today is privileged by his HAND WORK and grace,

you can be gainfully employed even under the most uselezz president like Tinubu ... Is it Tinubu's policies that is keeping Davido, Wizkid's lavish lifestyle on abi naa peller Tinubu policy help ..

Anyone not feeling Tpain hardship is just privileged to be gainfully employed .... if you know your job well mention ONE policy of Tinubu that fosters enabling environment ... one

helinues:
Another good news to start my Sunday. President Tinubu has been putting smiles in Nigerians faces with his policies and reforms

To those who want to cry about this news as it's positive news about Nigeria, do your crying in peace without lumping us

And u are all over begging for monetization of your yeye topics to survive. Why are u not export something even if is all those scorpions u see in osun state and plenty bats everywhere thr too