Naira Situation Worsens, Falls To N270/$ - Business (2)

Naira Situation Worsens, Falls To N270/$ - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Naira Situation Worsens, Falls To N270/$ (31643 Views)

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Re: Naira Situation Worsens, Falls To N270/$ by ichommy(m): 5:58pm On Dec 17, 2015

Common sense U no get grin

i dey joke ni o.

MadCow1:
Thanks to Jonathan and Dasuki

6 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by jabojafa(m): 5:59pm On Dec 17, 2015

buhari is working.

Re: Naira Situation Worsens, Falls To N270/$ by ANTONINEUTRON(m): 6:00pm On Dec 17, 2015

MadCow1:
Thanks to Jonathan and Dasuki

. how

. Are they d one in govt

7 Likes

Re: Naira Situation Worsens, Falls To N270/$ by VocalWalls: 6:00pm On Dec 17, 2015

Blames spectators?

Re: Naira Situation Worsens, Falls To N270/$ by Sleekyshuga(f): 6:00pm On Dec 17, 2015

This is no good news @ all cry

3 Likes

Re: Naira Situation Worsens, Falls To N270/$ by porka: 6:00pm On Dec 17, 2015

Zimbabwe calling.

10 Likes

Re: Naira Situation Worsens, Falls To N270/$ by LastSurvivor: 6:01pm On Dec 17, 2015

I warned u guys about this very dullard that failed Economics and Mathematics even in a forged result but devil closed ur ears grin

I pity this country next year

12 Likes

Re: Naira Situation Worsens, Falls To N270/$ by repogirl(f): 6:01pm On Dec 17, 2015

Boooooohari is USELESS!

9 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by Nobody: 6:01pm On Dec 17, 2015

I can't wait to see how many nairalanders will have time to post next year.. we do not have a middle-class and the working class is about to be buried with the lower-class.. grin

4 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by ogawisdom(m): 6:01pm On Dec 17, 2015

Chisos

wat have we gotten ourself into with this booh.ari, anyway d man promised change n change is finally here angry

4 Likes

Re: Naira Situation Worsens, Falls To N270/$ by grandstar(m): 6:02pm On Dec 17, 2015

The economy is finished!!

The sooner they devalue at the official rate the better

1 Like

Re: Naira Situation Worsens, Falls To N270/$ by obailala(m): 6:02pm On Dec 17, 2015

Unfortunately this thing may reach N350 before it stabilises. Meanwhile all those shouting Buhari should eat their poo.

3 Likes

Re: Naira Situation Worsens, Falls To N270/$ by drberry(m): 6:02pm On Dec 17, 2015

CHANGE

2 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by cruzita(f): 6:03pm On Dec 17, 2015

buhari is working

Re: Naira Situation Worsens, Falls To N270/$ by Swiftkey(m): 6:03pm On Dec 17, 2015

OMG. Wie CBN pipo dem??

Re: Naira Situation Worsens, Falls To N270/$ by chinedu1nig(m): 6:03pm On Dec 17, 2015

destino24:
O My God!! Buhari, abeg I know say I don call you dulla.rd, but abeg, you don't have to prove me right

stupidity is when you don't read to understand the content ando you rush to comment.... Do you even know what is means to raise benchmark of a countries reserve?

1 Like

Re: Naira Situation Worsens, Falls To N270/$ by Tpave(m): 6:05pm On Dec 17, 2015

This is the needed change. Nigeria my country.

Re: Naira Situation Worsens, Falls To N270/$ by amtaken(f): 6:05pm On Dec 17, 2015

Change!

Nigeria needs smart leaders.

Buhari and his political appointees are too dull to lead this country to great height.

Shame!

6 Likes

Re: Naira Situation Worsens, Falls To N270/$ by MadCow1: 6:06pm On Dec 17, 2015

ANTONINEUTRON:
.
how
.
Are they d one in govt

No.. But I will answer you with a story from the Bible.

If Joseph had not advised the Egyptian Government to Save their Grains when the Price of Grains were ~~over 120 Dollars per KG~~ growing well in the time of plenty for 7 years running.. When the Famine period came (another 7 years after), they would have been as fhucked as the Isrealites that the Egyptians saved from famine.

I hope this makes sense to you.

7 Likes 2 Shares

Re: Naira Situation Worsens, Falls To N270/$ by RedCapChief(m): 6:06pm On Dec 17, 2015*

APC will also blame GEJ for this angry

I remember the words of Rabiu Kwankwaso who described the post-election upturn in stock market and forex market as the benefits of the 'Buhari Effect'. Even Lai Mohammed praised the increased power generation as a blessing from 'Buhari's Body Language'

Unfortunately, even local investors have seen that body language is not a substitute for simple economic policy. The foreign investors have run away since. Six months after inauguration, the only economic news coming from Nigeria is . .'MTN gets fined' . .'Guinness gets fined' . . .'EFCC arrests Dasuki' e.t.c
Baba is the everything and we must go at his pace

PDP were a bunch of rogues but this ineptitude and foolery from APC is too much. After desiring a post for 12years, he seems determined to collect the title of 'Captain Clueless' from a former somebody

Keep blaming Jona oo! Mr. Lai will soon release statement blaming Jona and Patience for this

18 Likes 2 Shares

Re: Naira Situation Worsens, Falls To N270/$ by slap1(m): 6:07pm On Dec 17, 2015

Good...

3 Likes

Re: Naira Situation Worsens, Falls To N270/$ by amtaken(f): 6:07pm On Dec 17, 2015

Hahahahaha you know them wella.

hexy40:
It's jonathan's fault! It's the fault of the past administration. Although I can't yet figure out how jona caused it but am sure A.P.C supporters will manage to link it to him some how

8 Likes

Re: Naira Situation Worsens, Falls To N270/$ by gurunlocker: 6:08pm On Dec 17, 2015

I was thinking we now have minister of finance..... well I don't expect any economy improvement from this government except witch hunt.

no job creation, people getting sacked, workers not being paid, high fuel price, no light, still blaming past government in the 7th month, denial of campaign promises...... if we talk, they say we wail...... I don't blame them since they are the same type of brain.

8 Likes

Re: Naira Situation Worsens, Falls To N270/$ by Divinehenrich(m): 6:09pm On Dec 17, 2015

This is not good for our economy. Nigeria operate import-based economy. We visually import everything and this will result to inflation.

Re: Naira Situation Worsens, Falls To N270/$ by anonimi: 6:09pm On Dec 17, 2015

jamesharryson:
blame gej for this

www.nairaland.com/attachments/3115319_fbimg1448250582417_jpegc4783182a1b9ab0ed04c3f1b5f5e1fbf

12 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by Nobody: 6:10pm On Dec 17, 2015

that is black market rate (middle market). Stop passing wrong info. From CBN it's still under 200 naira to a dollar

1 Like

Re: Naira Situation Worsens, Falls To N270/$ by Onwe101(m): 6:10pm On Dec 17, 2015

Chelsea and the naira gat somtin in common..... down down

Re: Naira Situation Worsens, Falls To N270/$ by amtaken(f): 6:10pm On Dec 17, 2015*

Dasukuki's loot is part of Abacha's loot.

If it didn't affect our naira for over 20 years, why do you think it would do so all of a sudden?

Nigerian's economic problem is as a result of bad leadership. If you like allow APC to deceive you and tell you otherwise.

Manage the economy, no, instead they will be blaming GEJ.

MadCow1:
Thanks to Jonathan and Dasuki

When Oil Prices were at 120 USD per barrel, Jonathan & Pay-Pay in collaboration with Dasuki, Jim Nwobodo, Bafarawa, Odili and cohorts were busy sharing our money like 'WHOT'.

No wey Oil Price na 32 USD per Barrel, wetin una expect.

I believe that BUHARI is a right man for Nigeria now, but it seems like we waited 6 years too late to elect him.

Just imagine if Jonathan had won the last election, Dasuki and co would be chilling somewhere enjoying their loot and even planning on looting more and we Nigerians would have been ignorant and oblivious to it.

#GodPunishPDP..

13 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by anonimi: 6:11pm On Dec 17, 2015

MadCow1:
Thanks to Jonathan and Dasuki

When Oil Prices were at 120 USD per barrel, Jonathan & Pay-Pay in collaboration with Dasuki, Jim Nwobodo, Bafarawa, Odili and cohorts were busy sharing our money like 'WHOT'.

No wey Oil Price na 32 USD per Barrel, wetin una expect.

I believe that BUHARI is a right man for Nigeria now, but it seems like we waited 6 years too late to elect him.

Just imagine if Jonathan had won the last election, Dasuki and co would be chilling somewhere enjoying their loot and even planning on looting more and we Nigerians would have been ignorant and oblivious to it.

#GodPunishPDP..

God will first punish all liars, not so huh

FG, States, LGs Share N568.4 Billion for Oct

[img]http://cdn1.vanguardngr.com/wp-content/uploads/2015/09/412x247xOkonjo-Iweala-e1442838220305.jpg.pagespeed.ic.nz-K0adxSv.webp[/img]

Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

Meanwhile we are waiting for your messiah to stabilise the oil price as promised oh. grin

www.nairaland.com/attachments/2186280_buhari2blaugh1_jpegc35d9ea4e30142f9302718e17f58f220

10 Likes 1 Share

Re: Naira Situation Worsens, Falls To N270/$ by endtimesblog: 6:11pm On Dec 17, 2015

NaLaugh:
False. I don't know how Adsense users in Nigeria receive their funds, but it WILL be remitted to them at the official rate of N199.05.

who told u that.... Put ur domicillary acct details on ur dashboard.. Collect ur dollar out..
Call ur aboki to change it for u...
Shikena..

199naira ke... For were...

1 Like

Re: Naira Situation Worsens, Falls To N270/$ by amtaken(f): 6:11pm On Dec 17, 2015

He is certificateless.

ShowYourCertificate:
When I ask for Buhari's Certificate you APC guys will be crying. I really want to know what he got in Economics. Buhari is a certified dullard.

7 Likes

Re: Naira Situation Worsens, Falls To N270/$ by oluwafemim(m): 6:12pm On Dec 17, 2015

Lemon12:
... SW wanted change ... Change the got !!

Yes We wanted change...Change we ve got.At least some of the stolen Money are coming in.

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