₦airaland Forum

Those IMF need koboko flogging make dem for get sense. Maybe them need deliverance by TB Joshua. Nonsense.

Hj

This another bad news for GEJ,because more probes to get more money from them. GEJ if Buhari no see money to do things you no go rest oooo

Even people whey no sabi wetin depreciation mean due blab mouth...

socialmediaman:
Currency depreciation hurts imports, we're highly dependent of imports

Relax. That an nation imports does not mean they shouldn't depreciate their currency...

Please read more on depreciation

omenka:
Lmao. So make I blame it on the alcohol den. No lele. I dey your side.

you can say that again.

Caseless:
These ducks won't leave us alone.
FYI, it is going to be Buhari's presidency very soon, and not jonathan's that crawl upon seeing christen Largarde/IMF. I hope this does not happen before may 29.
30 years ago, Buhari rejected such crass request, he shall reject it again.

what did buhari reject 30 years ago?



explanation + proof please.

this IMF sef......they said earlier this month that our economic growth will decline by 4.8 percent due to global fall in oil price.
see another story again the same month

Dem dey crase.

Make dem devalue the dollar and pound.

IMF & NOI to what end?

mightycrown1:
By Babajide Komolafe

THE International Monetary Fund (IMF) yesterday called for further currency depreciation in Nigeria and seven other oil exporting West African countries.

Recall that the Nigeria’s currency, naira, has depreciated officially by 28 percent from N155 to a dollar November last year to N197 at the close of business yesterday

"further currency depreciation" will hit our manufacturing industries very hard. The real sector of the economy is still groaning in the wake of recent currency depreciation, and yet the IMF dare suggest this!

I trust GMB, he would trash this advice!

This International Missing Fund won't mind their business

To increase poverty

Issorite................ Daris Godu ooooo..

Thunder fire you IMF. Go devaluate Pounds and dollars.

I am not surprised.

When you run an oil dependent economy...this is what you get.....a very very weak currency.

This is because the foreign exchange you need to buffer your currency is weakened by the fall in forex from falling oil prices....which puts pressure on your reserve to buffer the economy.

Until you come to a point...Deplete the savings....or devalue the currency.

The problem is our dependency on oil.

Oil is a curse.

synergycom19:
This another bad news for GEJ,because more probes to get more money from them. GEJ if Buhari no see money to do things you no go rest oooo

That is called misplaced priorities.

Baba one chance administration will be the worst in Nigeria's history after independence.

chuna1985:
what did buhari reject 30 years ago?



explanation + proof please.

devaluation of naira.

koboko69:
Ngozi works for IMF not Nigeria. This is why they keep cooking up lies about rediuced poverty and boasting of a growing economy when their main plan is to ruin us and render us powerless and useless so that we become toys in their hands.

What did you expect.?

We sowed the seeds of our destruction by deciding to become reliant on oil for our revenue.

Now....oil prices have fallen...and our savings account is getting depleted so that we can buffer the naira.

Either we keep on doing that...until the savings account is empty....or we devalue.

I think it is high time we did what South Korea did and focus on education, innovation and industrialization. After all...they were far behind us in 1960. So also was China....and now today both of them are ahead of us.

Oil dependency is the cause....not IMF, not Ngozi.

But why can't this people just stay off Nigeria for God sake Anyway GMB knows them better he would fire back. I'm just sick of IMF this, US that this is a pure nonsense

GMB please don't agree with them let them just stop disturbing us biko.

moha225:
This people no well...maybe they need alomo

Or Origin.

Bretton woods hegemony. A resistance is needed, how come the western world didn't depreciate their currencies when their economy was in the gutter in 2007-2008.
I guess they forgot Ngozie, their house-maid is on her way out. Babangida started this BS, but we're putting an end to this crap now.

Na God go punish IMF and its sponsorsm..

That will be disastrous in an economy that is so import dependent. What Nigeria needs is diversification to achieve self-sufficiency, then... goodbye IMF, pack your self-serving policies and clear off.

Caseless:
devaluation of naira.

Lol. please explain...

koboko69:
Ngozi works for IMF not Nigeria. This is why they keep cooking up lies about rediuced poverty and boasting of a growing economy when their main plan is to ruin us and render us powerless and useless so that we become toys in their hands.

Someone is awake !

Buhari Rejected This Anti-People Advice 30 years ago from the Washington Consensus (IMF, WORLD BANK ET AL).

Read Buharism and Economic Blueprint and you will understand why. The Asia Economics Rejected this Criminal Doctrine, Why should Africans Adopt it?

omenka:
Bros, you may like to revisit the second sentence.

IMF - economic assassins. destroy a country with debts and economic problems, then walk in an take all their resources. IMF gives bad advice all the time.

bushdoc9919:
I think it is high time we did what South Korea did and focus on education, innovation and industrialization. After all...they were far behind us in 1960. So also was China....and now today both of them are ahead of us.

Oil dependency is the cause....not IMF, not Ngozi.

Can we ALL make the SACRIFICE needed or are we too hung on buying (not making or even understanding how to MAINTAIN) the latest

- smart phones
- tvs
- trains
- cars
- fridge
- toothbrush
- etc etc


We BLACK people are just too LAZY mentally for our own good.

It is only a foolish government dat will listen to IMF. Dey never had good plans for Africa. Africa have some very stu..pid leaders who doesn't use deir brain. Look at China, was it d IMF dat dictated to dem on how to move forward?

anonimi:
Can we ALL make the SACRIFICE needed or are we too hung on buying (not making or even understanding how to MAINTAIN) the latest

- smart phones
- tvs
- trains
- cars
- toothbrush
- etc etc


We BLACK people are just too LAZY mentally for our own good.

Ironically, very gluttonous and wasteful!