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Nairaland Forum / Nairaland / General / Politics / Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians (30233 Views)
"Nigerians Did Not Elect You As A Friday President" - Fayose To Buhari / I Won’t Devalue Naira, Buhari Insists (2) (3) (4)
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Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Nobody: 8:00pm On Feb 21, 2016 |
Fayose d David of our time 2 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by 3rdlegxxx(m): 8:00pm On Feb 21, 2016 |
blazer234: you stated clearly good points here, but the problem here is. if you lie all the time to friends and people, colleagues and families and then one day you decide to say the truth, almost naturally people won't believe you because of your antecedents same as Fayose always saying sly and selfish things people have come to term his name with nonsense and selfish interest related talk that when he official made a good point and sense a lot would 1st disregard him. 2 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by shamecurls(m): 8:01pm On Feb 21, 2016 |
massinola: Sighs smh |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by rusher14: 8:01pm On Feb 21, 2016 |
OrlandoOwoh: Who treat am before? 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by dotcomnamename: 8:01pm On Feb 21, 2016 |
joborskill: [size=15pt]Don't worry your self. Buhari know wetin him dey do. Remember when Nnamdi Kany was doing the same? but Buhari was cooking his soup. Now he's eating his soup in the zoo. You sit back and relax. you will see the Delicious soup Buhari is cooking for Fayose, by then the waillers will switch their wailling to gear 3. [/size] 2 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Sanchase: 8:01pm On Feb 21, 2016 |
There are products for mature and emerging markets; Nigeria is an emerging market where you can sell mobile phones of $10 to $50 easily. Countries such as US,UK, Canada, Australia are mature markets where you can easily sell your £600 phone. So you do your research well and know where to invest. erico2k2: |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Etizz: 8:02pm On Feb 21, 2016 |
Someone please tell me what it means to devalue naira and the implementation.... Thanks... |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by iyerikan12: 8:02pm On Feb 21, 2016 |
Governor Fayose you need to respect your leader no matter how, moreover he's an elderly person to you. (respect is reciprocal ). |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by UrbanMystique: 8:02pm On Feb 21, 2016 |
OMo ale komale fayoshe fighting for his pocket. He probably has shitload of dollars in his soak away too hoping buhari would devalue naira so he can double his money .. Ole. Anyway, what does he know about economy anyway? Last time I checked, ekiti's economy is one of the worst in the country.. Someone should shut that nigher up. 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by chiol: 8:02pm On Feb 21, 2016 |
I think the governor should first increase the minimum wage before telling our dear president to devalue naira, so civil servants will not bear the brunt. He should start looking inwards to take the advantage of this to better the economy of his state. Let him start investing in local goods. Previous devaluations never helped us, instead our situation worsened. Once you devalue, let say 300 naira to a dollar, the parallel market price will jump to about 600 to a dollar. So, how long should we continue with the devaluation? I think FG should even go ahead and close all the domiciliary accounts. Every account should be naira denominated. If you want to import, you must do that through the CBN. They will convert your naira and wire it to your customer overseas, provided the item is in our import list. That way, they should be able to monitor imports and the use of dollars. If you choose to go and buy from the parallel market, it will be useless as you can't pay it into any account directly. 5 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by otitokoroleti: 8:02pm On Feb 21, 2016 |
@sibrah, banks sell dollar at the rate of 350-370/$1 to importer but buys at 198/$1 from exporter, how do we define that? if you were charge at the rate of 350-370/$1 I think buying it back at 340/$1 is a fair deal. my brother, 199/$1 is a scam. CBN & commercial banks are the greatest scam of the century, they sold dollars at black market rates bt buys at 'buhari official rate'. forget all the fake stories circulating around. 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Nobody: 8:03pm On Feb 21, 2016 |
dotcomnamename: |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by walecosby: 8:03pm On Feb 21, 2016 |
OrlandoOwoh:That will make a good read OrlandoOwoh:That will make a good read |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by gemtlesoul123: 8:04pm On Feb 21, 2016 |
What Fayose lack is common sense!!! |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by ojeota(f): 8:06pm On Feb 21, 2016 |
Devalvation of the naira is a bad idea Since we are not producing and exporting nothing. What the governor should be saying is for buhari to encourage agriculture in all aspect and also manufacturing companies. 2 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by ugonna1054(m): 8:07pm On Feb 21, 2016 |
Regardless of d naira-dollar surge, I've gat an Lg g3 brand new for 70k....quote me |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Nobody: 8:12pm On Feb 21, 2016 |
erico2k2:you need to enroll to sch too 2 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:16pm On Feb 21, 2016 |
Remii:its part of what was left for PMB or you forget teh $B found? |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by maasoap(m): 8:16pm On Feb 21, 2016 |
What does he know about economy? I meant Fayose the clown. 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:18pm On Feb 21, 2016 |
udeagbalaC:Ok correct my statement instead of throwing half backed statement.germany devalued their currency up to %50 WHEN THEY NEEDED TO, Go and check history 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:19pm On Feb 21, 2016 |
ojeota:How is that now possible when they the FG lift the ban on rice importation |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by PastorOla1: 8:20pm On Feb 21, 2016 |
THIS TIME THE RICH ARE CRYING MORE, THIS IS THE FIRST TIME IN MY 50 YEARS IN LIFE TO SEE AND HEAR THE RICH CRY IN MY COUNTRY. 5 Likes |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Tolux17: 8:21pm On Feb 21, 2016 |
Fayose made sense. Now there's no increase in salary but the prices of good are increasing daily.. What will cover for this shortage? Naija don enter one chance... 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:21pm On Feb 21, 2016 |
Sanchase:Well if you check, I used 600 as refrence.same could be said for the $10-$50 you mentioned, things as cheap as Nokia 3210 are sold here for $20 used, now would you or can you buy it @ N15k? 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by igwegeorgiano(m): 8:21pm On Feb 21, 2016 |
fayose having diarrh of the mouth since 33AD |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by emenas(m): 8:24pm On Feb 21, 2016 |
erico2k2:broda, think about the effect it will bring on the poor masses |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Sanchase: 8:24pm On Feb 21, 2016 |
Nigerian market is a virgin market, there is nothing you can't sell in Nigeria. When you research the 4P's of marketing it will help you make a better decision. erico2k2: |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by IRREVO: 8:26pm On Feb 21, 2016 |
Agriculture remains the only way forward for Nigeria concentrate on that.....it will lead us out of this! 1 Like |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by Nobody: 8:28pm On Feb 21, 2016 |
erico2k2:devaluation do not solve Nigeria economics crises,official rate still stand at the cbn 199 for those who desperately need forex and can not go through the official window to get it ie commercial banks and cbn itself should buy it at any amount at the informal sector |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:30pm On Feb 21, 2016 |
emenas:bro 300 and 400 which do you preffer? and if and when things improve we can always go back to 250 then 200 then 180 etc, as at now the banks are killing the common man, I should be happy cos I earn Forx, I get paid in Pounds. |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by eleko1: 8:31pm On Feb 21, 2016 |
U have time for dis type of mumuni?Go school,dem nor gree.They'll rather gamble/watch dogs race than watch TVC news. 3rdlegxxx: |
Re: Fayose To Buhari: Devalue Naira Now, Forex Policy Short-changing Nigerians by erico2k2(m): 8:31pm On Feb 21, 2016 |
udeagbalaC:Have you applied for forex from the CBN B4? I guess not well I have, its still in thier office via my bank for the past 3 months.I only wanted $21K to import CNC machines and $5K for my nieces school ,I have to co me back to the Uk to earn forex to achieve this cos no way 4ward i n Nigeria.This why I say there is a big fraud going on and you lots are cheering them ON 1 Like |
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