Princecalm:
why should he tell u the way he will go about it in the first place, yours is to sit and watch how the economy turns around.

Princecalm:
telling you will be no use because you will be too daft to understand, so wait till the time to understand better.

prettyrosiemua:
Seriously? Instead of us to vote for someone who has little understanding we should settle for one who has none? It doesn't make a sense.

DECOtech:


How about I call you "APC mugu" and later say sorry about that when I cld have just deleted the name I called you.

PapaBrowne:


Are you serious Your speech just gave you off as someone who lacks complete understanding of Economics>



Illiteracy no be moi moi oh!! Ha! So if someone tells you he will equate the value to the dollar you would just swallow it hook line and sinker??
What were you doing when others were attending Economics class??

For the Naira to be equal to the dollar, you would need to see our dollar reserve rate go to something like a trillion dollars!! Even with 20 years of 20% economic growth rate, we would probably not be there!!


Now the bigger lesson for you is that a very strong Naira is not good for our country especially if you want to produce goods and export competitively..
Now let me explain that to you:
A bag of Dangote cement sells for 1500 Naira.
When the dollar was 160 Naira, that bag of cement was equal to $9.
At the new rate of 215 Naira, that same bag of cement is now equal to $7.
That means if Dangote wants to sell his cement in Albania, he has a better price point than he would have had 5 months ago.

Now imagine the Naira is exchanging at 5 Naira to a dollar.
That same bag of cement would now be equal to $300. Where on planet earth would he be able to sell his bag of cement at that price??

Any country that desires to produce and export to the rest of the globe, prays for a weaker currency to allow its goods better pricing amongst competitors. If Buhari understands economics, he will never pray for a very strong Naira except of course he wants us to keep importing everything!!

ibietela2:
You won't see any of them here..... berem, demdem, egift

“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’

Demdem:


Fool, am here now...............show me where Buhari stated such as against what the PDP Paper claimed he stated.

egift:


@ibietela2:
Will you shut that hole in your face. How does the quote below imply making Naira=Dollar?



This is exactly the sharia propaganda and PDP believe that repeating it will make it truthful. As 2015 Failure slap Jonathan down to Bayelsa, your desperation is overflowing its bounds.

Homguy:
are you daft? Weren't you aware Charles soludo wanted to redenominate the naira but was stopped by this clueless mugu we calll president because he and his cabal alleged not being told? Don't you know that redenominating the naira, would severely reduce exchange rate especially on the long term while boosting economic activities? That was same thing that was done in Ghana, now they fare better than the average Nigerian.

Princecalm:
This is someone that understands the economy speaking and not the clueless one who keeps Naira unstable.

Articul8:
dnt knw y ppl finDs it so difficult to read in btw d line. They never digest what they read. The caption clearly negates what the man said and NLs ar quick to comment. Na wa ooo.Who con gullible pass?Who no get certificate? If u cnt read and understand

LogicPower:


1. It is quite pathetic how intellectually lazy people have become these days, making it so easy for unscrupulous, dishonest, unprofessional and compromised 'journalists' to deceive so many people, for so long, without the gullible lot realizing it.

2. Otherwise, how come that this clear misrepresentation of GMB's remark would reach so many pages of comments on NL yet nobody was enable to figure out that even by the original story on Vanguard, there is NO WHERE the people's general mentions that he would 'make naira equal in value to dollar'!.

3. You do not need any professional journalistic training to know that for this news story to have been given the headline it was given, the body of the story would reasonably be expected to have a direct quote of GMB explaining in his own words this issue of utmost policy significance.

4. Although this would not matter much for those who have decided either way, such a direct quote would allow enlightened, unbiased minds to join the debate and judge him fairly; more importantly, it would portray the NAN reporter and the Vanguard online editor as objective and fair journalists.

5. If there is no direct quote of GMB saying he would 'make naira equal in value to dollar' in the entire original story, then how come this conjecture was made the headline of the news story?

6. And there is only one direct quote of GMB in there whole story (“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’), why wasn't the headline of the story based on that quoted remark?

7. Well, the answer to the two questions above is clear: the dishonest reporter of NAN (one of the FG's mouthpieces) or the corrupt and compromised Vanguard's online 'editor' knew exactly what he/she wanted to achieve, which is, to serve his/her PDP paymasters by playing along their campaign strategy of damaging the image and reputation of GMB as badly as they can.

8. But it is quite heart-warming to see that in spite of all the billion-dollar campaigns of calumny against Buhari, the popularity of the people's general is only rising all over the country.

9. Even in the SE/SS/MB, the political terrain has completely changed from 2011 in favour of the amiable general, as a result of which he is now SURELY going to get a far BIGGER SHARE of the SE/SS/BM votes on Saturday, while GEJ's share of the NW/NE/SW votes is going to SHRINK drastically from what it was in 2011.

10. Simply compare GMB's highly successful rally in Imo yesterday, and the reception he got naturally from the ordinary people on the street, with the situation in 2011, when his chances in the SE were so slim, his campaign resources so meagre, and the structure of his party (CPC) so scantily present that he could not even manage to campaign at all in the region.

kaboninc:


No offence bro, but I strongly believe that you're the daft one here.

President Yar'Adua was in charge when Soludo wanted to revalue the naira. He even appointed Sanusi. So where's GEJ's connection?

Secondly, Ghana is just our neighbour. I don't think you know what's wrong with them. I'll leave you to go find out the status of Ghana's economy and in fact the real reason they revalued.

fallout87:


An uneducated clown with no substance like you had no right to quote me. You are so foolish you don't even know how a country goes about enhancing their currency or why they should or shouldn't.

If you don't have anything intelligent to add the conversation, then shut up small boy... adults are discussing

PapaBrowne:


Are you serious Your speech just gave you off as someone who lacks complete understanding of Economics>



Illiteracy no be moi moi oh!! Ha! So if someone tells you he will equate the value to the dollar you would just swallow it hook line and sinker??
What were you doing when others were attending Economics class??

For the Naira to be equal to the dollar, you would need to see our dollar reserve rate go to something like a trillion dollars!! Even with 20 years of 20% economic growth rate, we would probably not be there!!


Now the bigger lesson for you is that a very strong Naira is not good for our country especially if you want to produce goods and export competitively..
Now let me explain that to you:
A bag of Dangote cement sells for 1500 Naira.
When the dollar was 160 Naira, that bag of cement was equal to $9.
At the new rate of 215 Naira, that same bag of cement is now equal to $7.
That means if Dangote wants to sell his cement in Albania, he has a better price point than he would have had 5 months ago.

Now imagine the Naira is exchanging at 5 Naira to a dollar.
That same bag of cement would now be equal to $300. Where on planet earth would he be able to sell his bag of cement at that price??

Any country that desires to produce and export to the rest of the globe, prays for a weaker currency to allow its goods better pricing amongst competitors. If Buhari understands economics, he will never pray for a very strong Naira except of course he wants us to keep importing everything!!

lebete3000:


Primary school mentality

Hawlahscho:
[s][/s]


[size=35pt]BORING[/size]

chibecanglobal:
Ghana revalued?
Pls how did they do that?
when and how was that done.
I am eager to learn.

chibecanglobal:
Ghana revalued?
Pls how did they do that?
when and how was that done.
I am eager to learn.

deletrue:
dust

adefunke34:
My dear buhari boko haram can't help you in this one o , you should go and make your certificate first before thinking of becoming the president of graduates GEJ all the way

Omooba77:


Even Japan,China can not achieve this

EroticAngelina:
please oga, just stop replying quotes or posting here! u av embarrassed urself enough. I'm not trying to insult u, I'm just helping u if u know what's good for u, just quit. my friend read what u posted and couldn't stop laughing.
buhari cannot make N = $
nobody can do that. that is the fact my brother, so just retire from this ur show of fame.

blazes4:

Saudi is an importing Nation sir... the only thing they export is petroleum... have you been to saudi?