edwife:


You no dey shame.....

Truckpusher:
Well, you have a point but how long would you continue to manipulate the economy using Baba Ijebu's approach ?

BishopMagic:

[img]http://1.bp..com/-33aLRbKVB0o/VdbR-BW_qCI/AAAAAAAGTiU/ytEvite9LQk/s1600/4.jpg[/img]

Your Amir was delayed but trust in bag daddy and he will send you another arab scum soonest

Etizz:


Are u a Nigerian? If u are, I don't think u should call your country useless, in as much as I don't like what dat guy post, I will tell u it's unfair to call our very own country useless...... No heart feelings dear.... Thanks

conyema12:
Nairaland is indeed filled with kids. No single contructive post.

Truth234:


The truth is economic policies are some times too hard to understand for people who are not inclined to it, imagine the currency trader that was quoted even said global dollar devaluation, whereas its just a case of demand and supply.

Anyways there are some key adjustments this administration has made in terms of economic policies that if follow through will help the economy in long term, there are still more to be done if we want to move at the same pace with global economics.

Truckpusher:
This is Saturday morning ma'am.
Ok nau, lemme play Wii game and shoot some zombies after tagging them with some nairalander monikers .

At least that gives you a good marks man skill since we don't have shooting range for civilians here.
Should I include ya name ? Nah just kidding .
I missed you eh, Jose maurinho deserved to be flogged I swear .

kmcutez:


Maybe Baba Ijebu's approach is what we need for now, them maybe in a few month's time we use Baba Biliki's approach, and then maybe a few months after then we use Baba Suwe's approach, until we can achieve a sane climate, and after then we can start trying the normal economics. Slow and stead wins the race.

Moreover I will rather trust the team of economists set up by Buhari than a Truckpusher on nairaland. No offense

kennyman2000:
Okay... But, something must be done to curb all these banks from daylight exchange rate robbery.

Some banks charges as high as #245 to a dollar..

Thats more than the rate at the parallel market.


Check my signature for ur customised wristbands.

emzila:



another educated illiterate has been let loose by one of the quack college of education awarded university title by a fake Phd hold who does not know what it takes an institution to attain university status. Go and pick the newspaper and read again, if at all u had read it before and u will find out that Buhari was never quoted(" " as saying that he will make one naira equal to one dollar. People like u keep saying no job when the truth is that u aren't employable. I hate half bake graduate of any level.

lebete3000:

Which bank abeg? hope not stanbic ibtc?

Truckpusher:
Not like I was expecting anything sensible from you after I woke you up with that hard knock on your silly forehead.

Truckpusher:
Yeah ,you're right but this isn't one of them compared to the way some folks here are making it look like. Though I concur with passingshot that the speculators are dangerous and should be handled directly and not jampack your entire economic policy just because of some individuals that has refused to play by the rules and this is my pain.
Well, let's give them time and see how far we can go with this manipulations .

edwife:


You don't miss me,you abandoned me last sunday for those sharks on FP to have their feast.

Did you read what etcetera wrote about baba go slow?

We still waiting for the ministers and they said change is here.All i have been observing is a president of a democratic country sacking people and replacing them with people from a particular region.

News flash,are you aware that the new FIRS Boss Deleted his PhD Degree From Wikipedia? This is just the beginning.

kmcutez:


Lol. Sorry no vex. I could not resist that last dig at you.

Baawaa:
That is CHANGE!
Never again JonaTAN in this nation

Baawaa:
That is CHANGE!
Never again JonaTAN in this nation

PassingShot:

Of course, the policy may be a bit difficult to sustain in the short run but if determined to succeed, in two years time or so, buying dollars from the so-called parallel market will be very unfashionable and unattractive.

Check what has been the exchange range of the gulf countries for almost ten years now and you'd be amazed that it's largely remained same thing despite that their economy is 95% (at least) reliant on crude oil export. Why has the decline in crude oil price not affected their currency value in ten years?

Let's give this policy a chance.

BishopMagic:



Passingshit, we are waiting for one naira to be equal to one dollar.


When GEJ left it was trading at 190 and you call 208 progress?


You must be as daft as your boko commander

Myself2:


[size=18pt] BROOMoids[/size]

ibisko04:

You are the dafty one here. The free fall of naira as at June and July was still parts of the mess of the last regime.
Now that the policy of the new regime is taking roots, the free fall is being reverse to become free climbing.
Watch out for more.

BishopMagic:



Passingshit, we are waiting for one naira to be equal to one dollar.


When GEJ left it was trading at 190 and you call 208 progress?


You must be as daft as your boko commander

MizMyColi:


I think I will adopt this.

BishopMagic:



Fool. Nobody is requesting for forex anymore other than fuel importers. The economy is at a standstill and just like any hyper inflation storm, the currency which is like the wind stagnates before spiralling down.


Expect the Naira to crash even further.

If you read the article, you will see where the rise in the naira was attributed to the devaluation of the dollar by the US Feds which is in direct response to the chinnese devaluation of their currency.


All the gains fools like you want to attribute to Buhari are what Jonathan did in terms of infrastructure or flimsy flukes with this clueless administration not doing a damn thing.

BishopMagic:



Leech better start planting cocoa.


Even your boko president has told you that oil can not meet all your roach desires.

Truckpusher:
Stringent And deliberate choking of the dollar didn't give them that edge at all but huge foreign reserves over the years ,diversity in the economy ,tourism and all the rest gave them that edge .

People spend dollar in the UAE's like their local currency go figure but I still concur with you that since we didn't make hay while the sun shines that we ought to give this policy a chance but did you guys give Jonathan's policies such a chance before being shutdown in flight?

PassingShot:

Truckpusher, it's no longer news that Jonathan had five and half years to prove himself. Let's not go there at all please.

Yes, you can spend dollars in those economies but the fate of the local currency is not left in the hands of speculators.