₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,326,506 members, 8,426,868 topics. Date: Monday, 15 June 2026 at 04:43 AM

Toggle theme

Nigeria Foreign Reserve Hit 50 Billion Dollars - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria Foreign Reserve Hit 50 Billion Dollars (768 Views)

1 2 Reply (Go Down)

Nigeria Foreign Reserve Hit 50 Billion Dollars by Biodun556(op):

Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by jfking2005(m): 1:36pm On Feb 19
Is this Audio reserve?
Just asking anyway!!
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Flangelo12: 1:49pm On Feb 19
The President deserves applause 👏 .
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by 9jatriot(m): 1:57pm On Feb 19
The only thing opposition have to contest with next year is insecurity... The ebi pawa they were using as slogan last year is no longer applicable as tje cost pf food item has been going down since... inflation rate YOY is lower, exchange rate is going down.... more project progress reports are being shown everywhere, this one is not go and verify, instead there are video evidences.

That is why I still suspect that majority of the insecurity in the country is fueled by these opposition, if not as major players then as enablers or at the very least supporters of insecurity, otherwise they would have nothing to contest the next election wiith.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by OneCandleAway(f): 2:00pm On Feb 19
9jatriot:
The only thing opposition have to contest with next year is insecurity... The ebi pawa they were using as slogan last year is no longer applicable as tje cost pf food item has been going down since... inflation rate YOY is lower, exchange rate is going down.... more project progress reports are being shown everywhere, this one is not go and verify, instead there are video evidences.

That is why I still suspect that majority of the insecurity in the country is fueled by these opposition, if not as major players then as enablers or at the very least supporters of insecurity, otherwise they would have nothing to contest the next election wiith.
Cost of food items is going down and people are queuing for 100 naira garri from Lagos agbero.

Go to share 300 naira bread in Lagos and watch people scramble. People can't afford enough proteins but it's rice that you peoples achievement as if that same rice isn't even expensive. Fear God ooo.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Biodun556(op): 2:33pm On Feb 19
jfking2005:
Is this Audio reserve?
Just asking anyway!!
If foreign reserve falls, you will believe the figure but if it grows you will call it audio
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Adblg0610: 3:41pm On Feb 19
Biodun556:
If foreign reserve falls, you will believe the figure but if it grows you will call it audio
They can also say it’s AI generated reserve, because it’s not the type of report they are comfortable with.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Madmohamed1: 4:11pm On Feb 19
Only mony your owning wold bank will swallow
It all, not to talk of IMF and China.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by commoditiesnig(m): 9:47pm On Feb 19
Cheering news
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by SmartPolician: 4:00am On Feb 20
But agbadorians say that saving money is not good whenever Obi is involved. Even Peter Obi saved in Nigerian banks which allowed them to use it to do business, support Nigerian businesses and grow the local economy.

Why do the same agbadorians suddenly rejoice whenever they hear that Tinubu is saving Nigeria's money in US banks while Nigerians are suffering? This means that US banks will use it to do business in America.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by givedemwotowoto: 4:02am On Feb 20
I believe the foreign reserve is empty and they’re telling us lies. Trust anything from them at your peril:

This same government:
1. Claimed there was no Christian genocide in Nigeria and tried to cover it up, even spent over N10 billion naira just to push the narrative

2. Gazetted a different tax law that was passed into law.

They’re full of lies and propaganda.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by alanto: 6:37am On Feb 20
This news since yesterday no gree fly. Write that the foreign reserve post a dollar you'll see wailing and gnashing of teeths.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by ElSudani: 6:55am On Feb 20
SmartPolician:
But agbadorians say that saving money is not good whenever Obi is involved. Even Peter Obi saved in Nigerian banks which allowed them to use it to do business, support Nigerian businesses and grow the local economy.

Why do the same agbadorians suddenly rejoice whenever they hear that Tinubu is saving Nigeria's money in US banks while Nigerians are suffering? This means that US banks will use it to do business in America.
"Saving" government money in your daddy's bank is embezzlement.
In some places you can get shot for it, not presented as a presidential candidate.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Judgementa1: 7:21am On Feb 20
SmartPolician:
But agbadorians say that saving money is not good whenever Obi is involved. Even Peter Obi saved in Nigerian banks which allowed them to use it to do business, support Nigerian businesses and grow the local economy.

Why do the same agbadorians suddenly rejoice whenever they hear that Tinubu is saving Nigeria's money in US banks while Nigerians are suffering? This means that US banks will use it to do business in America.
Obiano claimed obi left him debt.

This claimed of obi savings is historically inaccurate.

Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Okoroawusa: 7:33am On Feb 20
SmartPolician:
But agbadorians say that saving money is not good whenever Obi is involved. Even Peter Obi saved in Nigerian banks which allowed them to use it to do business, support Nigerian businesses and grow the local economy.

Why do the same agbadorians suddenly rejoice whenever they hear that Tinubu is saving Nigeria's money in US banks while Nigerians are suffering? This means that US banks will use it to do business in America.
Is foreign reserve saving money. Nwokem ijidikwa aru?

I used to think highly of you as an intellectual but this your comment disappointed me
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Judgementa1: 7:36am On Feb 20
givedemwotowoto:
I believe the foreign reserve is empty and they’re telling us lies. Trust anything from them at your peril:

This same government:
1. Claimed there was no Christian genocide in Nigeria and tried to cover it up, even spent over N10 billion naira just to push the narrative

2. Gazetted a different tax law that was passed into law.

They’re full of lies and propaganda.
Read what you wrote and and cross check if it made any sense to you.

This is not Jonathan regime where your people assisted him in emptying the foreign reserve and thereby plunging the country into deeper
recession and debt
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Biodun556(op): 7:55am On Feb 20
Okoroawusa:
Is foreign reserve saving money. Nwokem ijidikwa aru?

I used to think highly of you as an intellectual but this your comment disappointed me
You need to go back to school

Foreign is government savings in dollars
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by helinues: 8:09am On Feb 20
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Okoroawusa: 8:29am On Feb 20
Biodun556:
You need to go back to school

Foreign is government savings in dollars
So Peter Obi putting Anambra money in Fidelity Bank is equivalent of foreign reserve right?
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Biodun556(op): 9:02am On Feb 20
Okoroawusa:
So Peter Obi putting Anambra money in Fidelity Bank is equivalent of foreign reserve right?
Is fidelity bank a government bank?
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by SmartPolician: 9:10am On Feb 20
Biodun556:
You need to go back to school

Foreign is government savings in dollars
Thank you for educating Okoroawusa

There are too many Nigerians who don't know and don't even know that they don't know.

This bothers me 🤔
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Biodun556(op): 8:34am On Feb 25
Madmohamed1:
Only mony your owning wold bank will swallow
It all, not to talk of IMF and China.
It is now 50 billion dollars
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by seunowa(f): 10:56am On Feb 25
givedemwotowoto:
I believe the foreign reserve is empty and they’re telling us lies. Trust anything from them at your peril:

This same government:
1. Claimed there was no Christian genocide in Nigeria and tried to cover it up, even spent over N10 billion naira just to push the narrative

2. Gazetted a different tax law that was passed into law.

They’re full of lies and propaganda.
You are sounding frustrated. You need mental healing.....
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by bigpicture001: 11:11am On Feb 25
9jatriot:
The only thing opposition have to contest with next year is insecurity... The ebi pawa they were using as slogan last year is no longer applicable as tje cost pf food item has been going down since... inflation rate YOY is lower, exchange rate is going down.... more project progress reports are being shown everywhere, this one is not go and verify, instead there are video evidences.

That is why I still suspect that majority of the insecurity in the country is fueled by these opposition, if not as major players then as enablers or at the very least supporters of insecurity, otherwise they would have nothing to contest the next election wiith.
What about the massive stealing going on in this regime..

What about the support for corupt ppl

What about the lack of well spread infrastructure in projects..

Railways are not done at all

What about prudent fiscal spendings
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by Treadway: 11:18am On Feb 25
Jokers!

This has nothing to do with Ebilokan

This is simply the effect of the Dangote refinery

Same as the naira that has been gaining.

Since importation of refined products which was taking 50% of our forex is no more the order of the day with the Dangote refinery, we are saving forex, meaning more forex is now gonna be available by default.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by 9jatriot(m): 11:22am On Feb 25
Massive Stealing?
Where?

bigpicture001:
What about the massive stealing going on in this regime..

What about the support for corupt ppl

What about the lack of well spread infrastructure in projects..

Railways are not done at all

What about prudent fiscal spendings
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by lexylaw09: 11:23am On Feb 25
bigpicture001:
What about the massive stealing going on in this regime..

What about the support for corupt ppl

What about the lack of well spread infrastructure in projects..

Railways are not done at all

What about prudent fiscal spendings
If you know about any stealing either small or massive please write ✍️ a petition.
Of course we are having wide spread infrastructure projects that we are known for . And our railways are working once again. Even the world 🌎 is proud of our prudent fiscal spending and as a result the world 🌎 is turning to Nigeria for business deals.

So try and know your facts before opening your mouth on nairaland
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by haffaze777(m): 11:24am On Feb 25
OneCandleAway:
Cost of food items is going down and people are queuing for 100 naira garri from Lagos agbero.

Go to share 300 naira bread in Lagos and watch people scramble. People can't afford enough proteins but it's rice that you peoples achievement as if that same rice isn't even expensive. Fear God ooo.
It's not hunger that make people queue up for garri at Lagos, it's greediness.we all saw how adults (billionaire for that matter) were fighting in Anambra during last gubernatorial election, because of gala and malt,are you saying that is because of hunger too?
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by OneCandleAway(f): 12:18pm On Feb 25
haffaze777:
It's not hunger that make people queue up for garri at Lagos, it's greediness.we all saw how adults (billionaire for that matter) were fighting in Anambra during last gubernatorial election, because of gala and malt,are you saying that is because of hunger too?
No billionaire fights for gala for heaven sake.
Re: Nigeria Foreign Reserve Hit 50 Billion Dollars by haffaze777(m): 2:58pm On Feb 25
OneCandleAway:
No billionaire fights for gala for heaven sake.
You lied,Go to Anambra and see
1 2 Reply

CBN To Retire 1,000, Offers ₦‎50 Billion PayoffNigeria’s Foreign Reserve Is $3.7 Billion, Not $33.8 Billion - JP MorganIsaac Fayose: Tinubu Has The Structure, Peter Obi Needs ₦50 Billion To Win234

Can One Of The Moderators Update The Nairaland Homepage?Hmmmmm! Can We Have A Better Nigeria…: I Doubt It.'innocent' Nigerians On Death Row