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Nairaland Forum / Nairaland / General / Politics / Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari (23833 Views)
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Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Bitterleafsoup: 9:17am On Mar 19, 2015 |
Izontubo:The oil block contracts are up this year don't worry GEJ will surprise you. You people have to hold your Governor accountable, make noise exposé is working good now days.ni never agreed with the sending a few abroad for school that money has to be used to build education in Delta you people are too gentle, the ones make noise are billionaires today.Delta Youth speak out. Part of fighting Boko Harem is education, the Northen Leaders including Buhar do not give a damn about the youths. When you have nothing to live for you will die for anything! |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by chumasmog(m): 9:19am On Mar 19, 2015 |
alberto2k: its d gospel/ quran truth.. Tho u weren't in existence then.. So go make ur research! 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by trayvon360: 9:19am On Mar 19, 2015 |
SeverusSnape:some people Are just blind like a bat. They. Prefer to stay in darkness even when they have the power to invite change. They will just say no im a bat and im better of in darkness. Vote Buhari for light. Apc for change 2 Likes |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by SirAweezy(m): 9:22am On Mar 19, 2015 |
SeverusSnape: Sorry to qoute you sir, but you are in a bigger slave era. I'm suprised you don't know 2 Likes |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by femijck(m): 9:23am On Mar 19, 2015 |
Even if they call him a grandpa, Even if they call him an illitrate and a dictator, For a better Nigeria or even worst one, come march 28, Baba u've gat my vote. They keep calling us the future of tomorrow even when d future is not forth coming due to high level of corruption in my dear country...where is the hope of we youths? ..where does our future lies? ..After graduation we roam about the street in hungers..No plan for marriage @ 30yrs because of unemployment....Our sisters turned prostitute over night due to hunger... Even if CHANGE is not the answer, I wil vote change and see what it brings..Afterall you can only hope for the best while u expect the worse to be a strong man that u deserve. SAI BUHARI !! #March4buhari 3 Likes |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Adyrin(m): 9:26am On Mar 19, 2015 |
Princecalm: What is this one saying? |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by SeverusSnape(m): 9:26am On Mar 19, 2015 |
SirAweezy:No boss, I'm free. |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by grandstar(m): 9:27am On Mar 19, 2015 |
Question: If you have N10B chasing $10B, what will the exchange rate be? $1 = $1 Now, if the $ revenues reduce t $5B and N10B is chasing it, what will the rate be ? let me guess? abut N2 t a S1 Buhari is an economic ignramus |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by PassingShot(m): 9:30am On Mar 19, 2015 |
Rawani: Dollar/Naira rate is now above 220 Naira to a dollar 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Adyrin(m): 9:32am On Mar 19, 2015 |
femijck:Pls, my sisters didn't turn to prostitution because they were well trained! |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by walozanga(m): 9:35am On Mar 19, 2015 |
HAHAHAHAHH... SEE BUHARI DON BEGIN DEY READ BOOK OOOH. |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Rawani: 9:37am On Mar 19, 2015 |
PassingShot: Yeah, I only used CBN rates to forestall any bickering by TANoids. We all know the open market rate is much higher. 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Princecalm(m): 9:39am On Mar 19, 2015 |
Adyrin:what is this one hearing/seeing? |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by olas24u(f): 9:39am On Mar 19, 2015 |
SeverusSnape: Is that the only way you can safe foreign exchange,having the refineries work alone will support the Nigerian Naira,increase capacity building in that industry and create jobs in the long term.Improving electricity will boost production and manufacturing and exports to neighboring west Africa countries and also central Africa ,this is a huge market .which will in turn create jobs for Nigeria.And so many other added values can support and stablize the Naira ,not world oil prices 2 Likes 2 Shares |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by akulaxx: 9:41am On Mar 19, 2015 |
It seems quite clear that buhari knows nothing about economics. |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by SeverusSnape(m): 9:42am On Mar 19, 2015 |
olas24u:Okay sir. |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by chibas: 9:44am On Mar 19, 2015 |
SeverusSnape:mr know all what position had u attained? 2 Likes 2 Shares |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Toktee(m): 9:48am On Mar 19, 2015 |
SeverusSnape:don't worry,he will do it,and that is what ur aba made phd holder is unable to do. |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by chibas: 9:49am On Mar 19, 2015 |
alberto2k:agreed but let jonathan learn how it is being done since he failed to learn from ya'ardua( of blessed memory). |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by DYoung2(m): 9:52am On Mar 19, 2015 |
SeverusSnape:mind u, u are now telling him to come stabilize what has been distablized for decades |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by PassingShot(m): 9:56am On Mar 19, 2015 |
SeverusSnape: Funny Jonathanian! So, Jonathan has proved to know something about economy with all kinds of failures that we have recorded in our economy! Your master's Cluelessness has infested all of you. 2 Likes |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by chibas: 9:58am On Mar 19, 2015 |
SeverusSnape:slave kwa, are u not more than a slave in GEJ bad administration?u have no light and they bring bill almost equivalent to the cost of building itself Under GEJ u buy fuel at the rate over #100 and is not even readily available,so tell which other slavery are u talking about. 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by ooshinibos: 10:00am On Mar 19, 2015 |
alberto2k: what is wrong with you alberto , cant you just have compassion for Nigerian for 1 Minute ...a Dollar is nearly 250 naira and 1 Pound will give you 320 naira ....cant you see that the economy has been damaged under GEJ ...this is not good for Business and you are still saying GEJ 2019 ...by 2019 1 DOLLAR MIGHT BE 500 HUNDRED NAIRA ..please have mercy on us please ... the reason for the devalue is not oil Price ..ist mismanagement by GEJ ::IF WE STILL HAD THE SURPLUS RESERVE it will have been used to buffer the naira in the Event of an oil Price drop ....see where we are because of GEJ 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by Rick9(m): 10:00am On Mar 19, 2015 |
PDP Gej and Apc Buhari A decision to choose between a lesser of two evils. Hmmm I prefer the latter to the former, for reasons best known to me. #Change2015 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by ooshinibos: 10:01am On Mar 19, 2015 |
a Dollar is nearly 250 naira and 1 Pound will give you 320 naira ....cant you see that the economy has been damaged under GEJ ...this is not good for Business and you are still saying GEJ 2019 ...by 2019 1 DOLLAR MIGHT BE 500 HUNDRED NAIRA ..please have mercy on us please ... the reason for the devalue is not oil Price ..ITS mismanagement by GEJ ::IF WE STILL HAD THE SURPLUS RESERVE it will have been used to buffer the naira in the Event of an oil Price drop ....see where we are because of GEJ 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by chibas: 10:03am On Mar 19, 2015 |
DYoung2:an adage says"if u don't know where u are going u definately know where u are coming from"as it is now "otidojuru". |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by alberto2k(m): 10:07am On Mar 19, 2015 |
ooshinibos:So you think Baba can restore the naira to 1N to $1 shey... Assuming that's is possible and he'll do it i'll change my mind but its way too impossible.. let's give this man another chance biko... the people around Buhari(Tinubu and d rest) is the reason why I withdrawn my support for Baba |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by profibknoni: 10:08am On Mar 19, 2015 |
Chiefpriest1: yes ooo #SAI BABA 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by oluamid(m): 10:23am On Mar 19, 2015 |
grandstar: Going by your logic, is the solution to the above math the devaluation of the Naira and create still more excess naira to chase the dollar? |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by busky101(m): 10:27am On Mar 19, 2015 |
I never liked and supported this baba, but if he can give value to naira when he is elected, then i hv no other choice? #sai buhari.. 2 Likes 1 Share |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by jio79: 10:29am On Mar 19, 2015 |
we are already decided, operation #march4change# 1 Like |
Re: Why I Refused To Devalue Naira, Remove Fuel Subsidy - Buhari by datribune: 10:32am On Mar 19, 2015 |
[s] SeverusSnape:[/s] Ar u always dis clueless?. To d informed, d decision in dis election is easy & pretty much settled. SAI BUHARI When Buhari came to power, d western lenders & IMF knew dat d country had been severely weakened by d debt situation created by d corruption & profligacy of d thieving politicians whom Buhari eased out of power. They therefore saw an opportunity to hold our country to ransom & foist on our hapless & severely weakened nation d neo-liberal economic policies of d IMF wit its several slavish conditionalities including d devaluation of d naira. GMB called their bluff. He rejected d IMF loan & refused to devalue d naira. Thru sheer genius GMB & his economic team under d then min of finance, Dr Onaolapo Soleye turned d economy around. They devised an ingenuous system of barter 4 oil which was highly successful & it stabilized d economy. d inflationary rate was kept at between 3-5% & d exchange rate at $1 to 1 naira. 1 Like |
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