I pray that one day we shall be shouting 'up Naira!' Happy New year fellow Nairalanders.

APCmyheart:



I wonder oooo my brother, Some of those that are wailing have nothing to do with dollars, Some of them never even touch dollars before but will jump on Nairaland and started wailing...


Now ask them what should PMB do? She he order the print of dollars and you see them mute and never reply you..

Nigeria doesn't exist in a vacuum.

Clone2020:
If you are in the US or have relatives in the US trying to send money to naija, I will exchange the funds at 415/$, simply deposit into my US bank account and receive instant funding into your Nigerian account. Don't bother with western Union and co, they exchange at 375/$ with fees and the exchange rate drops to around 345/$.

See my contact below.

How do we know you won't dupe us?
If I get enough reviews that says you're genuine, I'll use you.

cococandy:

How do we know you won't dupe us?
If I get enough reviews that says you're genuine, I'll use you.

Search my moniker ma'am, I believe the recommendations speak for themselves.

What do u expect when u have a gworo munching demented illiterate as president, on top of it is also aboki.
Please someone give him shoe to clean, that's what they do best.

idupaul:
Buhari can't stop the slide of the naira for even 2 weeks yet he will be talking of how he doesn't want to devalue the naira

True value of naira is $1-N1000

PUSH1:


True value of naira is $1-N1000

I think so too

Clone2020:
If you are in the US or have relatives in the US trying to send money to naija, I will exchange the funds at 415/$, simply deposit into my US bank account and receive instant funding into your Nigerian account. Don't bother with western Union and co, they exchange at 375/$ with fees and the exchange rate drops to around 345/$.

See my contact below.

this is a risk! Why would anyone just deposit money into your account ... If you disappear nko?

diva90:


this is a risk! Why would anyone just deposit money into your account ... If you disappear nko?

Hmm, I haven't disappeared yet and my customers have been happy so far. This is America where the law works.

diva90:


this is a risk! Why would anyone just deposit money into your account ... If you disappear nko?

Why not let him disappear first and see IF your FUND won't appear in your Acct.

Bro. Are you New here.. ??

So many Freshers these days and their Questions

Gwazah:

Do u really think the idea of devaluation is good in Nigeria? Pls read abt it very well. We as a country produces nothing yet we want our currency devalue. Which outcome are u expecting?

It depresses me when i see people continue preaching this lie. People, do your research and stop repeating what others have said. This "myth" that we produce nothing is getting old. Sure, we may not produce enough and should be doing more, but this "we producing nothing" has got to be the most ridiculous statement ever.

APCmyheart:



You are the bastard, Hw is this Buhari problem? Scarcity of dollars now turn Buhari problem?

Tell me what should he have done? started printing dollars?

Why don't you let Buhari defend himself? Why are you defending him? The major reason we are in "panic" mode with regards the dollar is due to "INDECISIVENESS" from the President. Even people that don't need dollars are looking for ways to get dollars just because they "hope/expect" it to go up. Sure, this was a problem inherited from the past govt. The important thing to note is that THIS government "escalated" due to in-actions and not knowing what to do. You realize that investors pulled TRILLIONS out of the nigerian economy when they weren't sure of Buharis plans. When he was busy taking 6 months to inaugurate his cabinet, people were pulling out of nigeria. Companies were pulling out. A lot of these investors and companies used to generate forex and their flight added to the already big problem of dollar scarcity. There is no need pushing blame around. Buhari has done this for almost 2 years now. He is in charge of Nigeria and by that he is responsible for ALL OUR PROBLEMS.

JonSnow:
Buhari is a bastardized bastard.


Happy new year to you all sensible humans.

Except ndi ofe, collect your new year greeting from your tribal marks and from buhari your fellow illiterate.

You are definitely starting the new year on a tribal footing.

EbolaParasite:


Why don't you let Buhari defend himself? Why are you defending him? The major reason we are in "panic" mode with regards the dollar is due to "INDECISIVENESS" from the President. Even people that don't need dollars are looking for ways to get dollars just because they "hope/expect" it to go up. Sure, this was a problem inherited from the past govt. The important thing to note is that THIS government "escalated" due to in-actions and not knowing what to do. You realize that investors pulled TRILLIONS out of the nigerian economy when they weren't sure of Buharis plans. When he was busy taking 6 months to inaugurate his cabinet, people were pulling out of nigeria. Companies were pulling out. A lot of these investors and companies used to generate forex and their flight added to the already big problem of dollar scarcity. There is no need pushing blame around. Buhari has done this for almost 2 years now. He is in charge of Nigeria and by that he is responsible for ALL OUR PROBLEMS.

You still never answer my question, Should Buhari order CBN to start printing dollars..

EbolaParasite:


It depresses me when i see people continue preaching this lie. People, do your research and stop repeating what others have said. This "myth" that we produce nothing is getting old. Sure, we may not produce enough and should be doing more, but this "we producing nothing" has got to be the most ridiculous statement ever.

I thought you are going to quote with reference our rate of exportation. Whether u like it or not, get use to "we produce nothing" because it's the fact. You can devalue your currency to burst your economy when u are producing and exporting much. Your lower currency will attract other countries to buy from u, and as long as people are rushing to buy, u make more from that. But u decide to devalue ur currency when ur country can not burst of feeding themselves. Look at what is happening now, just because embargo is placed on foreign rice importation, the whole country is living in total mess, our local rice is almost the same price with the unseen foreign rice. Days back I decided to follow senator common sense to be buying solely made in Nigeria. Anytime I buy Aba made hmmm, one week is the lifespan of the product. Where are we heading to? No quality control? How are we going to export these goods even though we produce? And how much do u think u can make when ur goods circulate only in ur country? Even China can not make it without international market.

EbolaParasite:


Why don't you let Buhari defend himself? Why are you defending him? The major reason we are in "panic" mode with regards the dollar is due to "INDECISIVENESS" from the President. Even people that don't need dollars are looking for ways to get dollars just because they "hope/expect" it to go up. Sure, this was a problem inherited from the past govt. The important thing to note is that THIS government "escalated" due to in-actions and not knowing what to do. You realize that investors pulled TRILLIONS out of the nigerian economy when they weren't sure of Buharis plans. When he was busy taking 6 months to inaugurate his cabinet, people were pulling out of nigeria. Companies were pulling out. A lot of these investors and companies used to generate forex and their flight added to the already big problem of dollar scarcity. There is no need pushing blame around. Buhari has done this for almost 2 years now. He is in charge of Nigeria and by that he is responsible for ALL OUR PROBLEMS.

u have said it all.
My little surprise is, with this ur understanding why do u support devaluation when u fully know that this guy (presidoo) is gonna throw us in a sea?

Gwazah:

I thought you are going to quote with reference our rate of exportation. Whether u like it or not, get use to "we produce nothing" because it's the fact. You can devalue your currency to burst your economy when u are producing and exporting much. Your lower currency will attract other countries to buy from u, and as long as people are rushing to buy, u make more from that. But u decide to devalue ur currency when ur country can not burst of feeding themselves. Look at what is happening now, just because embargo is placed on foreign rice importation, the whole country is living in total mess, our local rice is almost the same price with the unseen foreign rice. Days back I decided to follow senator common sense to be buying solely made in Nigeria. Anytime I buy Aba made hmmm, one week is the lifespan of the product. Where are we heading to? No quality control? How are we going to export these goods even though we produce? And how much do u think u can make when ur goods circulate only in ur country? Even China can not make it without international market.

At bolded..
So the chinco products you buy last longer than one week abi? Abeg park well. To put a blanket phrase and simply say we do not produce anything is ignorant and dishonest. Agreed, our trade deficits to most of these countries is large but enough of all these misyarns.
If we really depended only on crude oil, Nigeria would have VAPORIZED a long time ago. Sure, the bulk of our income comes from crude but Agriculture, Telecoms, Textiles, and other industries still exist. Yes they are struggling but you people should stop making ignorant comments. All the local soaps that they sell in the markets are made from where? Same way you guys will start saying ignorant things like we don't make toothpicks and matches when we INFACT have people making these.... Again, i am not saying Nigerian manufacturing is booming but lets stop the ignorant statements we've been making since the 80's

APCmyheart:



You still never answer my question, Should Buhari order CBN to start printing dollars..

If you are one of his advisers, then we are doomed.
He doesn't have to print nada. What he needs to do is LEAD. Be decisive and create/make policies that will encourage investors. Foreign investors are running away. How will the naira ever become solid if foreign investors keep running?
It is okay to fight corruption but when you make corruption your sole priority, you will FAIL.
The only way to really fight corruption is reduce poverty by stimulating the economy. If the economy is solid, corruption will reduce. You cannot wipe out corruption in Nigeria in 8 years so he his wasting his time. When he leaves, people will simply return to their old ways. On the other hand, if he focuses on the economy and improves the standard of living, corruption will gradually reduce. Even the US with it's number one economy has corruption so wetin be Buhari own.

Create policies that we increase confidence in the naira. No Foreigner in their right mind wants to come and invest dollars in nigeria when they know that Buhari may wake up today and tell the banks to block all forex deposits, or reduce withdrawals, or the nonsense back and forth he's been doing.

Bt its as a result of high dollar rate things re xpensive.

APCmyheart:



I wonder oooo my brother, Some of those that are wailing have nothing to do with dollars, Some of them never even touch dollars before but will jump on Nairaland and started wailing...


Now ask them what should PMB do? She he order the print of dollars and you see them mute and never reply you..

cococandy:

How do we know you won't dupe us?
If I get enough reviews that says you're genuine, I'll use you.

Could use bitcoins instead. Buy in the US and sell here in Nigeria.

Exchange rate here for btc is 480/$

juicydiceyjoe:


Could use bitcoins instead. Buy in the US and sell here in Nigeria.

Exchange rate here for btc is 480/$

Have no idea how that works.

I'll research it.

abham:
Bt its as a result of high dollar rate things re xpensive.

This is Nigeria where everyone capitalizes on any situation, Do we need $$$ to buy pepper, onion, tomatoes, matches etc?

But the prices increase too as they capitalize on dollar shortage. Are we importing all those stuffs too ?

EbolaParasite:


At bolded..
So the chinco products you buy last longer than one week abi? Abeg park well. To put a blanket phrase and simply say we do not produce anything is ignorant and dishonest. Agreed, our trade deficits to most of these countries is large but enough of all these misyarns.
If we really depended only on crude oil, Nigeria would have VAPORIZED a long time ago. Sure, the bulk of our income comes from crude but Agriculture, Telecoms, Textiles, and other industries still exist. Yes they are struggling but you people should stop making ignorant comments. All the local soaps that they sell in the markets are made from where? Same way you guys will start saying ignorant things like we don't make toothpicks and matches when we INFACT have people making these.... Again, i am not saying Nigerian manufacturing is booming but lets stop the ignorant statements we've been making since the 80's

U are far away from the hidden truth of this country, and again u are not a literature student, so u knows nothing concerning exaggeration.
When people complain of Nigeria producing nothing we don't mean at all at all, u know the locally made goods can not serve the country because of its population say more of exporting them. With our fertile land, how many commercial farmers do we have? If we can produce at least enof food we won't be bordering of foreign rice of a thing. U comment on our textile, now if I may ask, how many of them are still functioning? Arewa textile died and was buried, Gusau textile kick its ass, Kano, to mention but few.

cococandy:

How do we know you won't dupe us?
If I get enough reviews that says you're genuine, I'll use you.

coco...I need 2150usd...I will deposit to your Nigerian account first but I must do that in the presence of any of your contact in Nigeria and in a Bank... As I transfer, you send the usd

Shakitibob0:
coco...I need 2150usd...I will deposit to your Nigerian account first but I must do that in the presence of any of your contact in Nigeria and in a Bank... As I transfer, you send the usd

Explain better.
Deposit to my Nigerian contact in what currency?
Also does it have to be 2150? Can it be more?
And what rate are using for the exchange

cococandy:

Explain better.
Deposit to my Nigerian contact in what currency?
Also does it have to be 2150? Can it be more?
And what rate are using for the exchange

I will pay you naira...I only need 2150usd for now..I want to settle my tuition bills

I should get more than 2150usd in the nearest future for my importation needs

415per USD is ok

Hi cococandy,

I also need some few dollars, I will transfer naira to your Nigerian account and you will credit my dollar account here in the states. sent you a pm already.

cococandy:

How do we know you won't dupe us?
If I get enough reviews that says you're genuine, I'll use you.

Coco,

Happy new year, i hope you and your family are doing great.

I am at a similar crossroad as you are. I do have some loose change (about $1500), with which i want to test the authenticity of his business, however, i am wondering if it is worth the stress, because i am very huge on communication when transacting business.

I no like wahala or headache for my life.

EbolaParasite:


If you are one of his advisers, then we are doomed.
He doesn't have to print nada. What he needs to do is LEAD. Be decisive and create/make policies that will encourage investors. Foreign investors are running away. How will the naira ever become solid if foreign investors keep running?
It is okay to fight corruption but when you make corruption your sole priority, you will FAIL.
The only way to really fight corruption is reduce poverty by stimulating the economy. If the economy is solid, corruption will reduce. You cannot wipe out corruption in Nigeria in 8 years so he his wasting his time. When he leaves, people will simply return to their old ways. On the other hand, if he focuses on the economy and improves the standard of living, corruption will gradually reduce. Even the US with it's number one economy has corruption so wetin be Buhari own.

Create policies that we increase confidence in the naira. No Foreigner in their right mind wants to come and invest dollars in nigeria when they know that Buhari may wake up today and tell the banks to block all forex deposits, or reduce withdrawals, or the nonsense back and forth he's been doing.

LOL the subject here is about scarcity of dollars which is not our official currency, OKay what should Buhari do about the Dollar scarcity you are ranting and wailing...


The main problem is the crumbling of the crude oil price...

Before we can get enough Forex we need to be exporting goods so tell me what are we exporting aside from crude?

We importing anything even toothpick and depend on Forex even more than US that spend the dollars..



How will Buhari reduce poverty where is the money?

Your brothers are bombing pipelines ..


Sorry was out of town for days..

Roland17:


Coco,

Happy new year, i hope you and your family are doing great.

I am at a similar crossroad as you are. I do have some loose change (about $1500), with which i want to test the authenticity of his business, however, i am wondering if it is worth the stress, because i am very huge on communication when transacting business.

I no like wahala or headache for my life.

Happy new year too. Yes we are all fine.

I understand the part of is worth the stress?
But western union and moneygram are not trying at all.

I have not tried him though. Read some reviews on his mentions page and saw a lot of positive remarks

APCmyheart:




LOL the subject here is about scarcity of dollars which is not our official currency, OKay what should Buhari do about the Dollar scarcity you are ranting and wailing...


The main problem is the crumbling of the crude oil price...

Before we can get enough Forex we need to be exporting goods so tell me what are we exporting aside from crude?

We importing anything even toothpick and depend on Forex even more than US that spend the dollars..



How will Buhari reduce poverty where is the money?

Your brothers are bombing pipelines ..


Sorry was out of town for days..

Actually, you are the one wailing. I gave you solid points. What exactly do you mean by "okay what should buhari do?"
If he does no know what to do, he should RESIGN. Since he hasn't resigned, he is indicating that he knows what to do and we are yet to see anything tangible. I am not the president so why do you expect me to do his job for him? Regardless, there are solutions that have been proferred but the "grumpy old man" is too stubborn to listen. All he wants to do is wait for crude oil to rise.

A simple solution would have been an actual devaluation of the naira. The ridiculous interbank rate that is being floated is pure rubbish. Devalue the damn thing and mop up the sector. The gap between Interbank rate and parallel market should be maximum 20 naira. Anyway, no need wasting my time on this matter. If you think Buhari is not a dullard, then you were obviously born in the 90's or 2000's. Indomie generation. Buhari did the exact same thing in the 80's so i don't know why you are giving him excuses. Once a failure, always a failure.