₦airaland Forum

Welcome news.. we hope the Naira can do N1000 even sub-1k before year end.

seunmsg:
I just keep wondering what would have happened to our economy if we had taken Atiku and Peter Obi’s advice to follow the Argentina model. By now, Naira would have been completely worthless and our economy would have been in super depression. We really missed a bullet by voting against those two economic illiterates. In fact, every Nigerian should take some minutes out today to say a prayer of gratitude to president Bola Tinubu.

Don’t mind those fellows.. too emotional to lead.

Editorialtimes:
Naira Strengthens Below N1,350/$ for First Time Since May 2024 – The Business Bureau


Source: The Business Bureau

Ops,

It’s the dollar that’s losing its value.
President Trump unpredictable economy policies that’s playing into this:

https://www.bloomberg.com/news/articles/2026-02-11/what-a-weaker-us-dollar-means-for-the-economy

I’d be glad if the naira improves. For a genuine rebound to happen, there has to be:
1.Boost to domestic production ( less reliance on imported products)
2.Attract foreign portfolio investment.
3.Enhance Security
4.Provide tax break and low- interest loan for local businesses
5.Tightening monetary policies to curb inflation.

Can you be honest that any of this is currently being effectuated?

lawani:
People fail to realize it is the reckless printing of the naira that causes inflation and naira devaluation.

Very true

Funkyswagzz:
Where do you guys get this numbers aboki sold dollar to me at the rate of 1445 yesterday. I'm I leaving in a separate Nigeria?

Your negotiating power is also important. The traders are doing business for profit

Jaycee07:
Ops,

It’s the dollar that’s losing its value.
President Trump unpredictable economy policies that’s playing into this:

https://www.bloomberg.com/news/articles/2026-02-11/what-a-weaker-us-dollar-means-for-the-economy

I’d be glad if the naira improves. For a genuine rebound to happen, there has to be:
1.Boost to domestic production ( less reliance on imported products)
2.Attract foreign portfolio investment.
3.Enhance Security
4.Provide tax break and low- interest loan for local businesses
5.Tightening monetary policies to curb inflation.

Can you be honest that any of this is currently being effectuated?

Just not printing any naira at all will result in a steady increase in the value of the naira

Funkyswagzz:
Where do you guys get this numbers aboki sold dollar to me at the rate of 1445 yesterday. I'm I leaving in a separate Nigeria?

This is GTB rate as at yesterday

lawani:
It will still drop more. The government said they have not printed any naira note since inception. Some experts say it should be around 1200 by now

Make una just dey decieve una selves. SOmething that is trading over 1420 in normal market.

THE PURCHASING POWER OF THE PEOPLE, AND BY EXTENSION THE PROSPERITY OF A NATION, IS TIED TO THE STRENGTH OF THE CURRENCY, ESPECIALLY WHEN IT IS ROOTED IN PRODUCTIVE ACTIVITIES.

WE HOPE THE STRENGTHENING OF THE NAIRA CONTINUES. I PRAY THAT IT IS NOT PURELY A POLITICAL BAIT, STRATEGY, AND MARKETING TO WIN VOTES AS THE GENERAL ELECTIONS APPROACH.

MY SINCERE PRAYER IS THIS:
MAY GOD DEPOSE BAD LEADERS IN A WAY THAT SERVES AS A DETERRENT TO OTHERS, STRENGTHENS THE GOOD LEADERS IN POWER, AND ENPOWERS THE GOOD LEADERS OUT THERE TO MOUNT THEIR THRONES.

UNFEIGNED PATRIOTISM MUST DEFINE LEADERSHIP AND NOT PRIMORDIAL INTERESTS.

AMINDA:
Lol. Is our economy not in depression? What was the dollar rate when he took over. I know you will say the naira was being defended but that's the job of the Central Bank and Tinubu is currently doing so. We have also incurred more debt now than under Buhari. Yet, Buhari was defending the naira and paying electricity and fuel subsidies. Where's the money going to? Here is Umahi accusing Wale Edun of failing to release money to his ministry. Several ministers have also been coming out in the past few days to tell us their ministries are underfunded. Meanwhile, we are still implementing 3 budgets concurrently. Propaganda will never take us anywhere.

Dave Umahi claims Wale Edun is not releasing money to them, which is why abandoned projects are everywhere but the President is unaware.

Me: They can't call his attention on FEC Meeting?

pic.twitter.com/EbRBSCkxo5

— Mal. Imran U. Wakili (PULLO) 👑 #iSTANDWITHELRUFAI (@IU_Wakilii) February 11, 2026

lol
Are you talking about Buhari...may God bless him...that printed #30 trillion and use our oil to borrow money 5 years upfront?
Please,sir.Let sleeping dogs lie.
What President Tinubu is doing is a total positive reengineering of Nigeria's economy and infrastructures.
May God help all Nigerians and ease all our affairs without remnants.

seunmsg:
I just keep wondering what would have happened to our economy if we had taken Atiku and Peter Obi’s advice to follow the Argentina model. By now, Naira would have been completely worthless and our economy would have been in super depression. We really missed a bullet by voting against those two economic illiterates. In fact, every Nigerian should take some minutes out today to say a prayer of gratitude to president Bola Tinubu.

Stop exposing your hatred for a good Nigeria and your sincerity to being a good citizen of Nigeria, Where was Dollar when your ECONOMICS PROFESSOR and ECONOMIC MASTERPIECE took over the Government?

Buhari was fair enough, at least we knew he failed but the Fulanis and Hausas never go with Propaganda, they accepted it all ....

But why are some Yorubas always in the bad book of Nigeria Always praising propaganda and foisting divisions ? .....very pathetic..

If we stop importing pms and start exporting our naira would get stronger, as this indicates, it's because of the brief halt in importation of PMS that strengthened the naira.

Federal government should be working with Dangote Oil, instead of wasting money on useless refineries. I wonder why we are so daft.

nairalanda1:
We are, in a way , following some of Millei's prescriptions...subsidy removal on petrol and floating the local currency. What we are not doing is cutting other subsides, and cutting down on the overbloating in the civil service, national assembly and presidency, among other things.

Also., Argentina was in severely dire straits before Millei.

Tinubu has a lot of work to do...fight corruption, remove power subsides totally, end our reliance on oil for government revenues, and promote industrialization policies.

What you cannot disagree Ruth is the fact that we are in the right track. Everything can’t be done under four years else, there will he a public revolt. In fact, you should be applauding the president for all he has done so far if you are a sincere person. No president before him had dared to remove pms subsidies, float the exchange rate, partially remove subsidies on power and give autonomy to local governments.

By second term, other necessary reforms will follow.

Putinofrussia:
lol
Are you talking about Buhari...may God bless him...that printed #30 trillion and use our oil to borrow money 5 years upfront?
Please,sir.Let sleeping dogs lie.
What President Tinubu is doing is a total positive reengineering of Nigeria's economy and infrastructures.
May God help all Nigerians and ease all our affairs without remnants.

The same Buhari that Tinibu said is the Messiah of Nigeria?

How can we believe your claims

Lols 😂😂😂...guess you have betrayed him as usual and now speak with boldness about him because he is dead.....typical character of people from that region...

seunmsg:
What you cannot disagree Ruth is the fact that we are in the right track. Everything can’t be done under four years else, there will he a public revolt. In fact, you should be applauding the president for all he has done so far if you are a sincere person. No president before him had dared to remove pms subsidies, float the exchange rate, partially remove subsidies on power and give autonomy to local governments.

By second term, other necessary reforms will follow.

I think it is time all our leaders did the right thing from day 1, because this story you are telling me has been told by supporters of past governments since 1999. Wait till second term, they say.

Nigerians and their governments should face reality.

Hmmm, see them. Slides below. Dem no want talk good thing.

anonimi:
The SPV loan is secured with future oil revenues and facilitated by Elumelu’s UBA at a scandalous 11.85% interest rate.

Elumelu/UBA? at 11.85%??

there is notning to see here

election is very close

this is simply Buhari’s playbook

borow to defend the naija

and once election is over

naira crashes to N2,500 to $1

to pay for the borrowing to defend it


And by next election cycle if APC is still in power

Government Borrows again to defend the naira


then in 2031, dollar crashes to $1= N2,000

from N2,500 and lazy Nigerians with

serious Amnesia start singing the praise of


the APC government-

Naira is. now strong, it is $1= N2,000 from

N2,500 to $1 … this is genius

My question is ..


where where did Tinubu meet the naira ? when

Buhari left? N550 to $1 so how is this

progress? yeye data boys displaying quantum

ignorance because of N30k - incentive

ona go hear word - Epin pawa 2.0 is coming

when Tinubu is re-elected .. ona go cry fire

anonimi:
If the exchange rate is no longer subsidised, and petrol is also no longer being subsidised, then why is Tinubu borrowing more than PDP presidents

Can you please make it make sense.



https://www.youtube.com/watch?v=Bn29b0SkCWU?si=qYcwQOUqLW7XR6SB

If you want to expand your budget in order to provide infrastructure and other things that can aid in future capital formation then you have to increase the deficit in your budget. Deficit means funding gap which can only be filled with borrowing.

You might decide not to borrow which means shrinking your spending to the size of your income. This simply means make I dey as I dey. An ambitious regime will always borrow because they are looking at providing for the future. To reduce your borrowing without sacrificing the future you have to increase your income through tax.

Our demand should be that every naira borrowed should be judiciously used. Obi's style of locking up money in the bank when there are serious needs for facilities is illiterate economics.

jmoore:
Another product of propaganda and misinformation.

Editorialtimes:
Naira Strengthens Below N1,350/$ for First Time Since May 2024 – The Business Bureau

Source: The Business Bureau

Okoroawusa:
I Love Bola Ahmed Tinubu

lawani:
It will still drop more. The government said they have not printed any naira note since inception. Some experts say it should be around 1200 by now

seunmsg:
I just keep wondering what would have happened to our economy if we had taken Atiku and Peter Obi’s advice to follow the Argentina model. By now, Naira would have been completely worthless and our economy would have been in super depression. We really missed a bullet by voting against those two economic illiterates. In fact, every Nigerian should take some minutes out today to say a prayer of gratitude to president Bola Tinubu.

Morenikeji090:
God bless our president tinubu 2027 is sure for you by God grace..

Editorialtimes:
Naira Strengthens Below N1,350/$ for First Time Since May 2024 – The Business Bureau


Source: The Business Bureau

Okoroawusa:
I Love Bola Ahmed Tinubu

Morenikeji090:
God bless our president tinubu 2027 is sure for you by God grace..

lawani:
It will still drop more. The government said they have not printed any naira note since inception. Some experts say it should be around 1200 by now

FxMasterz:
Learn to appreciate good developments.

The exchange rate was being subsidized before Tinubu came on board. The rates you refered to before this regime were fake rates based on subsidy. Did you hear of any exchange rate improvements since 1999? Have you ever read any news of the Naira strongly improving against the dollar as is the case currently?

The current reforms are paying off and a new trajectory is already on our economic horizon. Commend the thinking caps that made this happen.

Argentina is in deep economic shit, yet your ignorant Atiku and Obi asked us to take Argentina as an economic role model.

GreaterFuture:
Yes. But at March-April, same year, just a few month or weeks before, it was 1000 thereabouts
I remember clearly.
Very Stylish reporting. Disgusting.

ZombieTAMER:
Naira was 700 to a dollar in 2023

Shameless supporters of impunity everywhere here to celebrate nonsense

More than 200 naira killed in kwara and you have the temerity to praise such clueless government supervising destruction of her citizens

LIES FROM THE PIT OF HELL, Naira was exchanging for N465.07 to a dollar before Tinubu's assumed office as President.

You all can keep deceiving yourselves but the truth is always out there in plain sight...

https://www.bloomberg.com/news/articles/2023-05-18/ngn-usd-naira-falls-to-record-as-tinubu-prepares-to-take-over-as-president

https://www.ndr.org.ng/fact-check-president-tinubus-naira-stabilisation-claim-is-misleading/

https://intelpoint.co/insights/fifteen-months-into-president-tinubus-tenure-the-rate-of-one-dollar-to-naira-has-gone-up-by-245/

You guys lie too much, you lie so much and forget people have access to the Internet to fact check your daily dose of lies, The devil, the father of all liars is your father.

If Tinubu cannot return it back to how he met it then no amount of propaganda can change the fact that he is a failure.

Queseda:
How come you don’t give this same excuse that “it’s not that the naira is weakening, rather it’s the dollar that’s getting stronger” whenever our naira loses value?

Kindly plot the graph of naira against Benin republic cefa
check the performance of naira against other currencies and get back to be with an honest and intelligent answer.
Thank you

Vision101:
If you want to expand your budget in order to provide infrastructure and other things that can aid in future capital formation then you have to increase the deficit in your budget. Deficit means funding gap which can only be filled with borrowing.

You might decide not to borrow which means shrinking your spending to the size of your income. This simply means make I dey as I dey. An ambitious regime will always borrow because they are looking at providing for the future. To reduce your borrowing without sacrificing the future you have to increase your income through tax.

Our demand should be that every naira borrowed should be judiciously used. Obi's style of locking up money in the bank when there are serious needs for facilities is illiterate economics.

No wonder your vision is 101 balablu level, instead of 20/20 clear vision.

What is the point of your dogo turenchi when your jagaban of Borgu says that he has stopped borrowing after hitting his higher revenue target in August, due to increased tax burden on Nigerian 🇳🇬 people

Funkyswagzz:
Where do you guys get this numbers aboki sold dollar to me at the rate of 1445 yesterday. I'm I leaving in a separate Nigeria?

I wonder o.

KingOfAmebo:
LIES FROM THE PIT OF HELL, Naira was exchanging for N465.07 to a dollar before Tinubu's assumed office as President.

You all can keep deceiving yourselves but the truth is always out there in plain sight...

https://www.bloomberg.com/news/articles/2023-05-18/ngn-usd-naira-falls-to-record-as-tinubu-prepares-to-take-over-as-president

https://www.ndr.org.ng/fact-check-president-tinubus-naira-stabilisation-claim-is-misleading/

https://intelpoint.co/insights/fifteen-months-into-president-tinubus-tenure-the-rate-of-one-dollar-to-naira-has-gone-up-by-245/

You guys lie too much, you lie so much and forget people have access to the Internet to fact check your daily dose of lies, The devil, the father of all liars is your father.

If Tinubu cannot return it back to how he met it then no amount of propaganda can change the fact that he is a failure.

Thanks Oga.

Òrìṣà tí kò bá lè gbé wá kò ṣe wá bí ó ti bá wà.

Why should we be happy with the way Tinubu has destroyed our Naira and the economy that was the biggest in Africa 11 years ago when he fraudulently packaged Buhari as APC messiah?

The messiah that he called expired soldier four years earlier o.


APC propaganda merchants think that every Nigerian 🇳🇬 is part of Lagbaja’s 200 million mumus.




https://www.youtube.com/watch?v=dMWUS1W_ITc?si=qgox4ovVdL2jLmMl

Klington:
Weak country, weak currency,

weak president and weak people.

Weak president equals hand dey shake, leg dey shake Humpty Dumpty failing and falling yakata everywhere he goes.

InvertedHammer:
/

Ignorance is bliss.

Look at the position of the US$ against all other currencies since January 2025. Dollar weakness has been prevalent. It ain’t got nothing to do Tinubu nor naira (which this administration decimated since inception).

/

So why is pounds and euro falling with it

AMINDA:
Lol. Is our economy not in depression? What was the dollar rate when he took over. I know you will say the naira was being defended but that's the job of the Central Bank and Tinubu is currently doing so. We have also incurred more debt now than under Buhari. Yet, Buhari was defending the naira and paying electricity and fuel subsidies. Where's the money[b] going to? [/b]Here is Umahi accusing Wale Edun of failing to release money to his ministry. Several ministers have also been coming out in the past few days to tell us their ministries are underfunded. Meanwhile, we are still implementing 3 budgets concurrently. Propaganda will never take us anywhere.

Dave Umahi claims Wale Edun is not releasing money to them, which is why abandoned projects are everywhere but the President is unaware.

Me: They can't call his attention on FEC Meeting?

pic.twitter.com/EbRBSCkxo5

— Mal. Imran U. Wakili (PULLO) 👑 #iSTANDWITHELRUFAI (@IU_Wakilii) February 11, 2026

Oh this must be torture. Sorry!

And you are rejoicing that it should be 1200 by now.......anyways that one concern una......

lawani:
It will still drop more. The government said they have not printed any naira note since inception. Some experts say it should be around 1200 by now

Sliding tackle

anonimi:
No wonder your vision is 101 balablu level, instead of 20/20 clear vision.

What is the point of your dogo turenchi when your jagaban of Borgu says that he has stopped borrowing after hitting his higher revenue target in August, due to increased tax burden on Nigerian 🇳🇬 people

You are of Obi's third class level so you will not understand development economics. Look at your propaganda here....by August 2025 has the new tax law come into effect?

My problem is not naira appreciating it's the fact that the price of Gold refuse to go down instead increasing with how stable naira has been. To my knowledge Gold works with dollar price?