₦airaland Forum

TheRealMrStan:
http://www.informationng.com/2014/12/i-will-make-the-naira-equal-to-the-dollar-okorocha.html

He thinks we are clowns abi

lilbazy:
dat is wat is killing you o,not me

.

promises a man make when he is on top of his woman.. ..

TheRealMrStan:
http://www.informationng.com/2014/12/i-will-make-the-naira-equal-to-the-dollar-okorocha.html

Broz na lie coz u no fit.

erico2k2:
How Old are yoU? Name one president in the whole world who has said they are going to make their money equal to the Dollar

u should be asking ur father hw old he is...such a pathetic boy...i still pity u till date...go n hang urself now..because he said that...lost cow...go find urself

Francon:
How e come take pain you? Wat evil statement did I make? You were so much in a hurry to attack that you lost your right senses. How will I benefit from that statement if he wins? Pls to hell with you and your reasonings! Mtshew

u , u did not only lost knowledge of urself, u even lost ur shame n reservations or beta still self worth...how wld u undertand how u wld benefit from statements like that if he wins or even wen he myt have possibly implemented it if he wins...my problem wit u is ur sarcasm..were u recently heartbroken?... because frm my opinion ur sound like a woman filled wif scorn .. pls dnt even try me...uv turnout to be d worst female e-diot i hv eva come across in such open forum..blieve me...no harm intended, jst hope ur ailment is corrective...do listen 2 urself again...Darling

onatisi:
bros , it is very very very possible soludo wanted to do something like this but it was kicked against during the time of yar adua and that is because our economy cant sustain it , and if you read my post very well you will see where i said that countries usually like to have a devalued currency against the dollar in order to make their goods and economy attractive . ghana did a redenomiation which made the cedi equal to a dollar but since their economy was import based it is having a negative effect on them .\
read the article below .i will only paste a little , click the link and read the rest

http://www.nigeriavillagesquare.com/articles/hakeem-babalola/redenomination-or-redomination-give-soludo-a-chance.html

The Central Bank Governor, Charles Chukwuma Soludo, recently unveiled a plan to revert the naira to its pre-1986 value. Prof. Soludo said among other thing that #20 will become the country's highest denomination against #1000 which is currently the highest. Doing this will put the naira at about #1.25 to American (U.S) dollar and invariably transform the naira into a world class currency, and become West African's common currency by 2009. This isn't a bad idea. Is it? But is it practical and, or achievable? Are the owners of Nigeria going to tolerate it?

In essence, what the professor is trying to implement is called revaluation or currency re-denomination in economics parlance. He wants Nigerians to be proud of their currency as much as they are proud of their country being the Giant of Africa. Soludo violently believes in economic revolution hence something drastic must be applied urgently. "This would entail a total currency exchange and phasing-out of all the existing denominations from August 1, 2008".

The plan is to "restructure the entire currency by dropping two zeros or moving two decimal points to the left from the currency, and issuing more coin denominations. Effectively our plan will restore the value of the Naira (in short-term) close to what it was in 1985 before the commencement of the Structural Adjustment Programme (SAP) in 1986". The proposed currency structure is as follows: COINS (1 kobo, 2 kobo, 10 kobo, and 20 kobo) NOTES: (50 kobo, 1 Naira, 5 Naira, 10 Naira, 20 Naira).

Guy wake up, U r smarter than this, read what happened to Ghana,the value of our money is still much more than Ghana's cidis, they did rounding off of zeros.I never added any value to waht they own in the banks.If we decide to call N1000 N1 it means if you get paid N100k you money will be N10K today £1 is N287 and £1 is £1.57,so tell me how he is going to reduce N287 to N2, at least that what he meant.Look at china for instance, they keep devaluing their currency only cos they want to encourage you n me to come buy goods that's only cos the manufacture everything.I buy minimum of a 20ft container of goods monthly from China, they are more happy I pay with my Card from the Uk cos they earn more in Govt subsidy when I pay for goods in that way foreign exchange rather than local currency.My guy leave those our leaders who know nothing about how the Economics of the world works,me and you spend more time studying how Economics of the world work more than they do,all they are interested i n is how they can load trier containers with their loots.This the more reason we as youths need to empower ourselves and don't give a crap about the FG.

Tlovely:
u should be asking ur father hw old he is...such a pathetic boy...i still pity u till date...go n hang urself now..because he said that...lost cow...go find urself

This the height of but t l icking,my father is worth 100 times your father can ever be, that is if you even know him.Simple question, ur dead brain lost its connectivity and you result to insults. Sh***t 4 brains.

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Obiagelli should I call this dark economics