₦airaland Forum

busky101:
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..

Dont forget that the value of the Naira cant be done by fiat ,market forces determines the prices at which you can get it ,so many factors that are not in an economist text book apply in Nigeria .But the western world will not support a stronger Naira

anonimi:
You cannot see what you do not WANT to see.

Your choice to be BLIND is entirely yours.

Enjoy your blissful ignorance!

Anonimi, I'm not surprised you sound like all PDP supporters, make your point by tackling the issue and live the person.

You guys have always been having it wrong through the rank and file (top to bottom) in your party.

I'm still waiting for a more logical comment from you so I and other Nairalanders can respond to it accordingly.

SeverusSnape:
What does Buhari know about economy?... Absolutely nothing!, You didn't devalue the Naira, right?...Oya, Come and stabilize world oil price let's see. Nonsense!!!

It takes nothing. Surround yourself with very smart, decisive and honesty economists that you trust. Implement their ideas and see the magic roll. So Buhari does not need to know anything about the economy. If he has an eye to select people of integrity like himself, who will not bulge to internal and external influences, Nigeria will be great as China.

alberto2k:
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the people around Buhari(Tinubu and d rest) is the reason why I withdrawn my support for Baba

The issue here is not even baba , the Nigerian economy should not be politicized ..lets deal with the data on the ground ,we all knew the previous government left 36billion dollars in reserve and the sole purpose was to stabilize the naira ..we need this because we are not a manufacturing country and we rely on imported goods heavily , hence to devalue naira is a mistake ...
as per baba , I think he will struggle with all this tinubu around him but he needs tinubu anyway ( maybe sack tinubu , if he wins :-) , am worried about the naira anyway because it will hurt the essentials , the only people benefitting from the devalued naira is people that earn in dollars or pounds ... u see my point ..either pdp or apc ..the naira should be protected

SeverusSnape:
... Elected to be the president of Arewanistan, with capital in Sambisa forest.

i tink people under Gej ar d one suppose to b in boko custody, maybe by den dey go wake up

Skoopy:
Anonimi, I'm not surprised you sound like all PDP supporters, make your point by tackling the issue and live the person.

You guys have always been having it wrong through the rank and file (top to bottom) in your party.

I'm still waiting for a more logical comment from you so I and other Nairalanders can respond to it accordingly.

SEE 13 pages of thread below-


https://www.nairaland.com/2117791/achievements-jonathan-sambo-administration-pictures

SeverusSnape:
Trash!.. @ slashed

As for my tribe, You'll never know, Keep wasting your time.
It's Buhari that needs to be excommunicated, because he wants to take us back to the slave era.

isnt it better for d gal who ar kidnaped to b slave dan wat dey ar into which no one knows

alberto2k:
Sorry Baba Idonbilivit

Everyone deserves a 2nd chance


Let give GEJ another chance...
GEJ till 2019

According to ur statement everybody deserves 2nd Chance!

That mean let give SAI Baba another chance too

anonimi:
SEE 13 pages of thread below-


https://www.nairaland.com/2117791/achievements-jonathan-sambo-administration-pictures

I thought you had better points to present, all I see are pictures that are in most cases non existence. I would have loved to analyze each of those pictures one after the other but it would amount to sheer waste of valuable time.

If that is all you've got, then it's one reason why Nigerians should ignore the PDP come next weekend(28 March 2015).

Change is imminent.
#ihavedecided

ooshinibos:
The issue here is not even baba , the Nigerian economy should not be politicized ..lets deal with the data on the ground ,we all knew the previous government left 36billion dollars in reserve and the sole purpose was to stabilize the naira ..we need this because we are not a manufacturing country and we rely on imported goods heavily , hence to devalue naira is a mistake ...
as per baba , I think he will struggle with all this tinubu around him but he needs tinubu anyway ( maybe sack tinubu , if he wins :-) , am worried about the naira anyway because it will hurt the essentials , the only people benefitting from the devalued naira is people that earn in dollars or pounds ... u see my point ..either pdp or apc ..the naira should be protected

Yeah... I agree with you sir
The naira should be protected

alberto2k:
Yeah... I agree with you sir
The naira should be protected

Thank you sir , every country protects their currency except Nigeria ..I don't know why maybe because its lack of love for our country ..we just need a leader that loves this Nigeria ..at the moment we don't have any ..I thought GEJ will loved Nigeria but the things that has been happening as per security and economy is worrying

Buhari, u have a good point but sorry to dissapoint u there is no vacancy in Aso rock. Meanwhile, we might appoint u as the EFCC chairman since fighting corruption is the only gospel u have been preaching and that's only if ur health and ur certificate will permits u.





GEJ till 2019 when he will gladly hand-over to a younger Nigerian democrat not age mate of our ancestors like Pa Buhari......

We have absolute
confidence in you
"GENERAL"

Ngasky:
The nation of fools. If somebody that fail deserve the second shot. What about the person that succeeded what did he deserve?

Nothing, sadly this is why Nigerians will rather be in jail abroad than live in Nigeria.

SeverusSnape:
What does Buhari know about economy?... Absolutely nothing!, You didn't devalue the Naira, right?...Oya, Come and stabilize world oil price let's see. Nonsense!!!

you are aaaaa dum fool

oluwafemi113:
The man

chai!!! The man, i love that, God bless u oluwafemi

tivereegega:
you are aaaaa dum fool

You're a foolish pig.

alberto2k:
Sorry Baba Idonbilivit

Everyone deserves a 2nd chance


Let give GEJ another chance...
GEJ till 2019

why will u bliv it when ur entire life has bin programd, shameles robotic robot

SeverusSnape:
What does Buhari know about economy?... Absolutely nothing!, You didn't devalue the Naira, right?...Oya, Come and stabilize world oil price let's see. Nonsense!!!

...you just hate Buhari,there is nothing good he can do which will make you like him...

alberto2k:
Sorry Baba Idonbilivit

Everyone deserves a 2nd chance


Let give GEJ another chance...
GEJ till 2019

...one can only give 2nd chance to someone who has done well.if one give it to an unworthy fellar,one should be ready for a shocker of a lifetime...

SeverusSnape:
What does Buhari know about economy?... Absolutely nothing!, You didn't devalue the Naira, right?...Oya, Come and stabilize world oil price let's see. Nonsense!!!

since we've been devaluing our currency. See Where We Are.

Buhari olodo rabata, 150 cows for 16yrs! Hw can he grow our economy @ all?

alberto2k:
Sorry Baba Idonbilivit

Everyone deserves a 2nd chance


Let give GEJ another chance...
GEJ till 2019

You too try to read what you have typed with your fingers or give it to the younger ones to read and reason for you,is there any sense in that? I pray sentiments will not kill you and the birds of a father liking your irrational comment.

alberto2k:
Sorry Baba Idonbilivit

Everyone deserves a 2nd chance


Let give GEJ another chance...
GEJ till 2019

2nd chance for what? To finish us from where he stopped. No way sister.
Not everybody deserve a 2nd chance. Ask Edo state pple on Lucky Igbinedion's 2nd chance after his father's plea.

GEJ till 2019

centmichael101:
If u don't know by now that jonathan have beaten buhari off the poll then u are on a wrong things!!

you should be aware of the statistics when buhari is mentioned and supported can you view the number of likes compared to when GEJ is supported? Do the math bro! Now INEC will use the card reader hence strangulating rigging so let's see who will be there come May 29, 2015.

Burger01:
Buhari, a very intelligent leader! Well intelligent and focused. The clueless intelligence of a PhD holder can never measure up to half of Buhari's intelligence. Nigeria will be better managed by Buhari. In God we trust for Buhari to make Nigeria great.

Sai Buhari, I and my PVC remain overtly and ever loyal to you.

thank Goodness u know its just one pvc u'ave got n thats all.

oluamid:
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?

You don't devalue because you want to- ITS BECAUSE YOU HAVE TO!

If there is a shortage of dollars, then a devaluation occurs so that demand can match supply.

Devaluations in themselves are not bad.

In a proper scenario, when you devalue, you make imports more costly thereby reducing demand for them. At the same time, you goods become cheaper, increasing the demand for them from overseas leading to increase in exports which increases the dollar supply and eventually lead to a strengthening of the exchange.

The problem with Nigeria is that the country's non-oil exports are negligible and a devaluation makes no significant dent in non-oil export volumes.

olas24u:
Dont forget that the value of the Naira cant be done by fiat ,market forces determines the prices at which you can get it ,so many factors that are not in an economist text book apply in Nigeria .But the western world will not support a stronger Naira

Why wont the western world favor a stronger naira? That will mean a greater demand for their goods! A weaker currency reduces demand for their goods

ooshinibos:
The issue here is not even baba , the Nigerian economy should not be politicized ..lets deal with the data on the ground ,we all knew the previous government left 36billion dollars in reserve and the sole purpose was to stabilize the naira ..we need this because we are not a manufacturing country and we rely on imported goods heavily , hence to devalue naira is a mistake ...
as per baba , I think he will struggle with all this tinubu around him but he needs tinubu anyway ( maybe sack tinubu , if he wins :-) , am worried about the naira anyway because it will hurt the essentials , the only people benefitting from the devalued naira is people that earn in dollars or pounds ... u see my point ..either pdp or apc ..the naira should be protected

If the pressure on the naira is too strong and you protect, you will run down the foriegn reserves because more money will go out than come in.

You need a mighty war chest to defend any currency when the markets move against it.

Even the poiund was forced to devalue in 1992 in the face of speculators. George Soros made a billion dollars from betting against the pound.

[quote author=grandstar post=31903773]Why wont the western world favor a stronger naira? That will mean a greater demand for their goods! A weaker currency reduces demand for their goods[/quote


They are able to buy resources at cheaper rates,with a weaker currency ,more dollars will purchase more gold,oil,cocoa,etc,they use them to produce chocolate ,refined products and return it back to us to buy them .so when the currencies become stronger they are not able to buy more at higher currency prices.