₦airaland Forum

Osu175:
My dear, I don't want to make you sad but just take a look. If you have seen it before, take a 2nd look.

THIS IS UNBELIEVABLE!

NAIRA EXCHANGE RATE vs AFRICAN COUNTRIES:
South Africa: Rand 1= 79 Naira
Angola: 1 kwanza = 12 Naira
Botswana: 1 Pula = 28 Naira
Cape Verde: 1 Escudo = 8 Naira
Algeria: 1 Dinar = 12 Naira
Egypt: 1 Pound = 35 Naira
Eritrea: 1 Nakata = 18 Naira
Ethiopia: 1 Birr = 19 Naira
Ghana: 1 Cedi = 56 Naira
Gambia 1 Dalasi = 9 Naira
Kenya: 1 shilling = 6 Naira
Liberia: 1 Dinar = 8 Naira
Lesotho: 1 Loti = 19 Naira
Libya: 1 Dinar = 156 Naira
Morocco: 1 Dirham = 176 Naira
Madagascar: 1 Ariary = 14 Naira
Mauritius: 1 Rupee = 16 Naira
Malawi: 1 kwacha = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia: 1 Dollar = 32 Naira
Seychelles: 1 Rupee = 22 Naira
Sudan: 1 pound = 42 Naira
Swaziland: 1 Lilangeri = 19 Naira
Tunisia: 1 Dinar = 150 Naira
Zambia: 1 kwacha = 28 Naira
Even the worst economies of Africa now have more valuable Exchange rate than us.
As at today $1 = N503
€1 = N550
£1 =N650
N1,000,000 is less than $2,300. We Say Nigeria the Giant of Africa, are we really D giant?

#copied

Ngokafor:
...Naira on the match to #1000 to a $1 mark.

...All i can say at this point is sai barber!

Newbiee:
Why wouldn't it be when our past government have looted the dollars and starch it in their various bunkers.

chrisxxx:
We are in problem. One of which is that APC government is still refunding one of their main sponsors during last election in hard currency. The former governor has refused to receive his fund in local currency especially at CBN rate to Dollar. He had claimed that he spent in dollars and should be refunded in dollars.
This has caused a lot of strain on the party's and government's monetary reserve.

Adonis3:

The problem is not with the FX

But for the fact that we're a country that depends solely on imports is ridiculous.


I SMH big time for this country..


And someone somewhere still thinks it's about political parties





#Adonis3HasSpoken

Newbiee:
Why wouldn't it be when our past government have looted the dollars and starch it in their various bunkers.

Adonis3:

The problem is not with the FX

But for the fact that we're a country that depends solely on imports is ridiculous.


I SMH big time for this country..


And someone somewhere still thinks it's about political parties





#Adonis3HasSpoken

ezechinwa2:
.



But your leader was sick and didn't use a Nigerian hospital, how do you expect the Naira to appreciate when the leaders haven't provided the environment for its citizens to grow?

We import
IPhone
PlayStation

Xbox
cars
Computers
Mouse
Phones


The list is endless but have something in common, they are all as a result of advancement in Technology.. Until Africa reduce praying 24/7 to their pastors or Afa and start using our brain power to invent and advance in Technology, then we can start growing.



At this stage when other countries are making progress in many fields we are still stuck with the following
issues
1. Calling each other Afunjas and flat heads
2. Finding new oil wells
3. Bokoharam
4. Lack of Good roads and electricity
5. Burning the small thieves who stole maggi and welcoming the major thieves like Ibori who stole our children's future like he won the world cup
6. voting for leaders only because of they are from the same tribe or religion as you rather than voting for someone who is capable of doing the job
7.no funding or incentives for graduates who are performing well in school
8. Police will worship celebrities who over speed or drive roughly rather than arresting them
9. Police now openly collect bribe.
10.Dss are killing the freedom of speech
11. Eighty Percent of Nigerians are either uneducated or under educated...

12. Muslims vs Christians

1000 likes