₦airaland Forum

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

Thanks Uduak. That amaechi1 needs to learn simple arithmetic.
Adding 60naira in 5 years to adding 160naira in 1year. At this rate by the time he leaves in 4 years dollar would be above 1000 naira to a dollar.

What is the difference?
18 naira.

I am used to 150 naira.
Inform me when a dollar is 150 naira.

walks out of thread and slams door.

Firefire:
Continue believing Alh. Lienus.

what he said is from common sense

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

Try to be smart. Oil price fell more than 70%. What do.u expect to happen to thr Niara?

aljharem:
Apc met dollar at 210 naira, before the end of the year, Dollar was 385 naira. What a drastic decline of the country

You forgot that APC met crude oil barrel at 65 dollars and today, sells at 48 dollars.
When the otueke drunkard bastard was there, there was a certain time it was sold for 150 Dollars
But what did corrupt bastard do with the boom? Absolute embezzlement.
YOUR DELUSION IS EPIC!

Amen o. This is the kinda news we want to be hearing......

aljharem:
Apc met dollar at 210 naira, before the end of the year, Dollar was 385 naira. What a drastic decline of the country

Such money doubling

damoneymag:
Thats true. After all the ado about yuan deal, i thought by now 1naira = 1 dollar. What a shame

With some condition china attached to the yuan deal, as people rumours .BUT what is the condition that nigeria can't afford if i may ask?

Was rushing to sEe if it has come back to N150/$

Anasko:
The Naira, on Friday, appreciated against the
dollar at the parallel market, trading at N352,
from N370 traded on Wednesday.
The News Agency of Nigeria (NAN) reports
that the Nigerian currency gained N18
between Wednesday and Friday.
The currency, however, weakened further
against the Pound Sterling and the Euro as it
exchanged for N515 and N405 respectively.
Meanwhile, the official exchange rate
remained at N197 to a dollar at the apex
bank window.
Traders at the market told NAN that the
market got a boost due to the availability of
the greenback for trading.



http://thenationonlineng.net/naira-appreciates-dollar-2/

This is not true. Dollar traded for 370 naira yesterday Friday noon at Lagos Island and pounds above 520

change the change!!!

the past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.[/quote]continue to deceive itself, even lie Muhammad has stopped blaming the past govt, they know they're responsible for their failure. Original zombie

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

At what cost did they keep the Naira, how much of our reserve was used to achieve the feat. We need to stop defending these politicians, they don't like us. Few people spent almost all our resources to take care of themselves and we are all over internet fighting for them? Smh

amaechi1:
You have just shot yourself on the foot. OBJ left it @145, GEJ took it up from Yaradua @150 and left at 210 despite the wastage of defending the naira.

See you shooting yourself too. GEJ spent 5yrs and value depreciated by 60. PMB in just a year, 175 diff cos u sabi talk

Payoneer Fund Needed
I will buy your Payoneer fund at 300/$$ any amount

Contact me on whatsapp
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koboko69:
Try to be smart. Oil price fell more than 70%. What do.u expect to happen to thr Niara?

Oil price started falling more than 1 yr before GEJ handed over to Buhari.

Stop defending nonsense.

Anasko:
The Naira, on Friday, appreciated against the
dollar at the parallel market, trading at N352,
from N370 traded on Wednesday.
The News Agency of Nigeria (NAN) reports
that the Nigerian currency gained N18
between Wednesday and Friday.
The currency, however, weakened further
against the Pound Sterling and the Euro as it
exchanged for N515 and N405 respectively.
Meanwhile, the official exchange rate
remained at N197 to a dollar at the apex
bank window.
Traders at the market told NAN that the
market got a boost due to the availability of
the greenback for trading.



http://thenationonlineng.net/naira-appreciates-dollar-2/

Haaa!!! Bloody lies everywhere. I got it for 363 Naira to a dollar yesterday. But why the lies tho?

agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.

Past govt dis past govt dat.. Una go dey blame past govt until Nigeria go turn Greece

Nigerians earning dollars don't want the naira to appreciate.
The more dollars they have, the richer they become in naira.

My people please, let us stop blaming the past government for our failures. Rather,let the present government do something tangible. It is because in few years time this government will also be refer to as "past".So let them perform now and leave a good legacy rather than blaming others.We knew things were bad before we elected you people in. So stop reminding us of what we know and start implementing the CHANGE you professed.

firstolalekan:
You forgot that APC met crude oil barrel at 65 dollars and today, sells at 48 dollars.
When the otueke drunkard bastard was there, there was a certain time it was sold for 150 Dollars
But what did corrupt bastard do with the boom? Absolute embezzlement.
YOUR DELUSION IS EPIC!

Try researching before commenting.

The highest crude oil sold in the past 6yrs was $110 pb.

Hurray! Buhari is working my foot!..even life expectancy has droped drastically, ahmadu shuaibu passes on 3 days after keshi/numerous untimely deaths in my neighbourhood! WHAT A CHANGE!!!

luvinhubby:
Try researching before commenting.

The highest crude oil sold in the past 6yrs was $110 pb.

Big lie
It reached 150 $
You should do your own research.

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

guy you just shot yourself on the bombom.. GEJ administration led us to where are now.. Stealing is not corruption so they stole all the dollars and hide it in their houses..

luvinhubby:
Oil price started falling more than 1 yr before GEJ handed over to Buhari.

Stop defending nonsense.

Lol. I thought i was talking to someone smart. And how much was dollar when it was handed over to GEJ, ans what was the crude rate when dollar was 215 in the parallel market after the official devaluation of Naira by GEJ to 197.

agarawu23:
the past govt is from your soil so u will definitely defend him.

The past govt stole all our foreign reserves.
the money the past govt stole where all in dollars and you expect the present govt to shitt dollar for u so u can buy 200#/$ abi?

We are still suffering from the mess the past govt put us tru.

Shut up ,poor rat

aljharem:
Apc met dollar at 210 naira, before the end of the year, Dollar was 385 naira. What a drastic decline of the country

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

onatisi:
Thanks a lot for showing that guy that common sense is not common. I don't know how some ppl still have the gut and moral sense to defend buhari when even buhari party stalwarts are admitting the fact that they have under performed.

Well.....for me, I do not blame Buahri for getting the naira down.....and I do not commend GEJ for keeping the naira up.

The reason why the naira stayed up under GEJ was because we had enough dollars/forex to keep the naira up at the time thanks to high oil prices.

In 2014....oil prices went down, and as a result....we no longer had the forex to keep the oil money up.

Thus the naira went down.....vs the dollar and other currencies.

The only way we can get the naira up....and this is a message for everyone.....is by getting our foreign currency supply stable. Now...the answer is not in oil....because everyone now is discovering oil....and oil is not going to go back to 100USD like before. The US is now basically self sufficent in oil.

And it won;t be found in agric or mining either....because agric prices are perpetually low...and minerals are also subject the the same price fluctuations like oil (Zambia which depends on copper is in hard times now).

Resource control (which I oppose because Nigerian corruption would destroy what is really a good idea)...ideally wouldbring more revenue for the states/regions (and end illegal mining and the losses therein). But....it still WONT solve the problem we have....stable supply of forex....thanks to the fluctuations in the price of agric, oil and mining products....because.....we do not control the prices.(It worked back in the 1960's because back then we had a guaranteed market in the UK. Not anymore).

Wht would save our naira is industrial development (Not GEJ's assembly plants...which just waste forex via imports of car parts to assemble. ). We must focus on being like CHina....and using our raw materials....to devleop a strong industrial base.

But the problem is....it involves going through some hardship....while we spend money on developing support infrastructure. That is why the APC.....or the PDP or even Nigerians won;t take that route. Because....no one wants to work. Everyone wants an easy life.

The thing is....you Nigerians have to get rid of the idea that there is a universal cornucopia of goodies in the sky.....and work for your money. Innovation will save us. Oil won;t.

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

IN ADDITION TO UR VALID PT, IT WAS TOWARDS THE TAIL END OF HIS ADMINISTRATION WHEN ELECTION FEVER WAS HIGH AND THERE WAS APC PROPAGADA, SABOTARGE, THE DOLLAR ROSE FROM 17O TO 21O AND THIS HAPPENED WITHIN 8 MONTHS.

Seenyo:
Hurray! Buhari is working my foot!..even life expectancy has droped drastically, ahmadu shuaibu passes on 3 days after keshi/numerous untimely deaths in my neighbourhood! WHAT A CHANGE!!!

What ? Shuaibu dead ?
Niw I know why Oliseh ran away

koboko69:
Lol. I thought i was talking to someone smart. And biw much was dollar when it was handed over to GEJ, ans what was tge crude rate wheb dollar was 215 in the parallel market after the official devaluation of Naira by GEJ to 197.

If you are that smart ,why not contribute in the present administration,rather than showing ignorance in the south western website

uduak2016:
You shot yourself in the mouth...GEJ inherited dollar @150 but took solid 5 yrs to get to 210. But with Buhari, it took less than 9 months to take it from 210 to 370.

yeah!!! that's because buhari is the dollars (dullard) champion

Just heard on d radio. Olise sure has fore-sight.