₦airaland Forum

GavelSlam:
And he pointed to your numbers :

In 1999 the dollar was 22 Naira.

By the year 2000 the dollar was 85 Naira.

Well done .

Have you ever heard of political economy?

If you compare successive years thats Year on Year. Plain macro economics.

We're comparing different administrations.

It's like saying Buhari did better today than he did yesterday. It's a null argument.

If you want to troll find someone that does not know what they are talking about so you can at least look good to yourself.

The NBS tried to help this Govt by saying a half empty cup was half full. Don't be fooled.

I'm not paid to do this and I know it. I won't help your market at all

Bevista:
Thanks for your time. I'm done with you.

Ok, this one didn't get you paid for job done I can see.

FIRST AND FOREMOST THE VALUE OF NAIRA IN 2014 IS NOT SAME AS IN 2019

WHAT YOU HAVE AS N1TRILLION IS EQUIVALENT OF N380 BILLION

CLIQBOY:
But if NBS said we are back in recession, you will be jubilating

CONVERT THE FIGURE TO DOLLAR EXCHANGE RATE IN 2014 AND ALSO IN 2017

YOU WILL SEE THAT THEY WAS REDUCTION NO INCREMENT

SalamRushdie:
For those trying to applaud this hogwash just remember its like diluting and bottle of coke with water and claiming you have more coke ..this Balance trade number doesnt generally signify growth in our economic factors of production but just reveals a slump in the quality and standards of living in Nigeria , people are not importing less because there are better locally produced alternatives but because they have cut out a lot of imported stuff because they cant afford E.g the automotive sales industry imported 90 percent less cars because of low demand and this means many Nigerians who want cars are going for Nigerian used cars which means many people have also sold their Nigerian used cars to others to make ends meet...This is reflective of a lower quality of life .

Most you post non sense on every Buhari's thread?

SalamRushdie:
For those trying to applaud this hogwash just remember its like diluting and bottle of coke with water and claiming you have more coke ..this Balance trade number doesnt generally signify growth in our economic factors of production but just reveals a slump in the quality and standards of living in Nigeria , people are not importing less because there are better locally produced alternatives but because they have cut out a lot of imported stuff because they cant afford E.g the automotive sales industry imported 90 percent less cars because of low demand and this means many Nigerians who want cars are going for Nigerian used cars which means many people have also sold their Nigerian used cars to others to make ends meet...This is reflective of a lower quality of life .

Olodo

CLIQBOY:
But if NBS said we are back in recession, you will be jubilating

Leave those wasted once

Caseless:
when did Zimbabwean currency become that strong?

D idiot dat did not even know Zimbabwe don't even have a currency since it crash, dat dey now make use of dollars and South Africa rand in their purchase

tesppidd:
That's the problem of Nigerians. Everything is about garri garri garri. The western world took years to get to where they are. But we want garri garri garri overnight. I was a kid when Nigerians started living below 1 dollar a day, when we used to hear that 80 percent of Nigerians live below the poverty line. Then after 2015 suddenly 90 percent of Nigerians want to jump across the poverty line over night. Garri Garri Garri!

Bro u nor get joy, true talk

DonVikings:
They are on their way with stomachs filled with anger over this good news.

Haters will hate, but we d Progressive will not relent

9jaDoc:
Seriously, does it affect price of garri?

Ok, at least seems we r solving one thing...

Anybody has ideas how we can also solve the following:

1) rampant corruption everywhere
2) corrupt politicians
3) corrupt police
4) SARS
5) ritualists,
6) kidnappers,
7) conmen,
yahoo boys,
9) brazen robbers,
10) Boko Haram,
11) IPOB,
12) Delta Avengers,
13) baby factories,
14) child molesters,
15) child snatchers
16)human traffickers,
17) poor power supply,
18) ridiculous hospitals,
19) doctor strikes
20) poor schools, universities
21) poor infrastructure,
22) poor water supply,
23) poor waste disposal,
24) poor drainage system,
25) poor building inspection,
26) collapsing buildings,
27) dillapidated housing,
28) poor drug inspection,
29) poor food inspection,
30) poor environmental planning
31) corrupt clearing and forwarding,
32) corrupt customs,
33) no mental healthcare
34) no provisions for handicapped people
35) corrupt legal system,
36) corrupt judiciary,
37) poor banking system, long lines
38) poor and corrupt monetary system (black market)
39) Fulani herdsmen
40) military
41) aviation in general
42) MM Airport, Ikeja
43) filthy and congested seaports (Apapa)
44) rampant strikes
45) fake everything
46) intermittent fuel scarcity
47) generator fumes and noise
48) corrupt FRSC
49) road blocks
50) Non-existent planned public transportation
51) fires and deaths from power surges
52) deaths from unsafe roads
53) In case of fire, long waits for poor response
54) In case of crime, long waits for police response
55) long waits for poorly equipped ambulances
56) very poor emergency healthcare
57) ineffective drug prescription system
58) totally corrupt govt bureaucracy
59) very poor public healthcare sector
60) poor crime investigation process
61) poor forensics
62) poor record-keeping process
63) poor and fraud-susceptible personal identification
64) non-availability of student loans and work-study
65) non-existent credit system
66) non-existent car rental system
67) fraud-prone real estate - "this house is not for sale"
68) no substantial recompense for death or injury due to govt or police mistake or negligence
69) rampant jungle justice, sometimes on innocent people (could be u)
70) extremely high unemployment rate
71) cultists and cult wars
72) hawkers, beggars, mad and near-mad all over

ipig terrorist sighted here. they will never see anything good when the obvious good is visible everywhere. your brain is blocked to see that things are really changing for better. many of you pigs will only rant on Nairaland. you ranting continues till 2023

DoTheNeedful:
The trade balance should have been presented in dollars. I believe the weakening of the naira against the dollar might be a factor in the high figure.

And as an aspiring exporting country is that a bad thing?

dheilaw1:
ipig terrorist sighted here. they will never see anything good when the obvious good is visible everywhere. your brain is blocked to see that things are really changing for better. many of you pigs will only rant on Nairaland. you ranting continues till 2023

Can't u see IPOB listed as a problem or has tribalism totally blinded u?

Easy to write all this, guess what? It affects prices,
go and investigate, prices are dropping, as for other things, they were caused by years of bastardization... They are being gradually dealt with

9jaDoc:
Seriously, does it affect price of garri?

Ok, at least seems we r solving one thing...

Anybody has ideas how we can also solve the following:

1) rampant corruption everywhere
2) corrupt politicians
3) corrupt police
4) SARS
5) ritualists,
6) kidnappers,
7) conmen,
yahoo boys,
9) brazen robbers,
10) Boko Haram,
11) IPOB,
12) Delta Avengers,
13) baby factories,
14) child molesters,
15) child snatchers
16)human traffickers,
17) poor power supply,
18) ridiculous hospitals,
19) doctor strikes
20) poor schools, universities
21) poor infrastructure,
22) poor water supply,
23) poor waste disposal,
24) poor drainage system,
25) poor building inspection,
26) collapsing buildings,
27) dillapidated housing,
28) poor drug inspection,
29) poor food inspection,
30) poor environmental planning
31) corrupt clearing and forwarding,
32) corrupt customs,
33) no mental healthcare
34) no provisions for handicapped people
35) corrupt legal system,
36) corrupt judiciary,
37) poor banking system, long lines
38) poor and corrupt monetary system (black market)
39) Fulani herdsmen
40) military
41) aviation in general
42) MM Airport, Ikeja
43) filthy and congested seaports (Apapa)
44) rampant strikes
45) fake everything
46) intermittent fuel scarcity
47) generator fumes and noise
48) corrupt FRSC
49) road blocks
50) Non-existent planned public transportation
51) fires and deaths from power surges
52) deaths from unsafe roads
53) In case of fire, long waits for poor response
54) In case of crime, long waits for police response
55) long waits for poorly equipped ambulances
56) very poor emergency healthcare
57) ineffective drug prescription system
58) totally corrupt govt bureaucracy
59) very poor public healthcare sector
60) poor crime investigation process
61) poor forensics
62) poor record-keeping process
63) poor and fraud-susceptible personal identification
64) non-availability of student loans and work-study
65) non-existent credit system
66) non-existent car rental system
67) fraud-prone real estate - "this house is not for sale"
68) no substantial recompense for death or injury due to govt or police mistake or negligence
69) rampant jungle justice, sometimes on innocent people (could be u)
70) extremely high unemployment rate
71) cultists and cult wars
72) hawkers, beggars, mad and near-mad all over

9jaDoc:
Seriously, does it affect price of garri?

Ok, at least seems we r solving one thing...

Anybody has ideas how we can also solve the following:

1) rampant corruption everywhere
2) corrupt politicians
3) corrupt police
4) SARS
5) ritualists,
6) kidnappers,
7) conmen,
yahoo boys,
9) brazen robbers,
10) Boko Haram,
11) IPOB,
12) Delta Avengers,
13) baby factories,
14) child molesters,
15) child snatchers
16)human traffickers,
17) poor power supply,
18) ridiculous hospitals,
19) doctor strikes
20) poor schools, universities
21) poor infrastructure,
22) poor water supply,
23) poor waste disposal,
24) poor drainage system,
25) poor building inspection,
26) collapsing buildings,
27) dillapidated housing,
28) poor drug inspection,
29) poor food inspection,
30) poor environmental planning
31) corrupt clearing and forwarding,
32) corrupt customs,
33) no mental healthcare
34) no provisions for handicapped people
35) corrupt legal system,
36) corrupt judiciary,
37) poor banking system, long lines
38) poor and corrupt monetary system (black market)
39) Fulani herdsmen
40) military
41) aviation in general
42) MM Airport, Ikeja
43) filthy and congested seaports (Apapa)
44) rampant strikes
45) fake everything
46) intermittent fuel scarcity
47) generator fumes and noise
48) corrupt FRSC
49) road blocks
50) Non-existent planned public transportation
51) fires and deaths from power surges
52) deaths from unsafe roads
53) In case of fire, long waits for poor response
54) In case of crime, long waits for police response
55) long waits for poorly equipped ambulances
56) very poor emergency healthcare
57) ineffective drug prescription system
58) totally corrupt govt bureaucracy
59) very poor public healthcare sector
60) poor crime investigation process
61) poor forensics
62) poor record-keeping process
63) poor and fraud-susceptible personal identification
64) non-availability of student loans and work-study
65) non-existent credit system
66) non-existent car rental system
67) fraud-prone real estate - "this house is not for sale"
68) no substantial recompense for death or injury due to govt or police mistake or negligence
69) rampant jungle justice, sometimes on innocent people (could be u)
70) extremely high unemployment rate
71) cultists and cult wars
72) hawkers, beggars, mad and near-mad all over

it's always a gradual process.... If that is sustained then we shall be great again

Cajal:
it's always a gradual process.... If that is sustained then we shall be great again

That's the correct mindset. Every place has some problems. Only that the grass always appears greener on the other side. Ask those who came back from Libya . At least in 9ja u have the priceless advantage of being in your own country, on the ground, settled. Any other place u r "that foreigner" - an outsider with an accent, who is causing all the problems in their counyry, who should go back to her own country and stop "taking our jobs" and driving wages down.

crafteck:
Easy to write all this, guess what? It affects prices,
go and investigate, prices are dropping, as for other things, they were caused by years of bastardization... They are being gradually dealt with

U r right. Every place has some problems. Only that the grass always appears greener on the other side. Ask those who came back from Libya. At least in 9ja u have the priceless advantage of being in your own country, on the ground, settled. Any other place u r "that foreigner" - an outsider with an accent, who is causing all the problems in their counyry, who should go back to her own country and stop "taking our jobs" and driving wages down.

9jaDoc:
U r right. Every place has some problems. Only that the grass always appears greener on the other side. Ask those who came back from Libya. At least in 9ja u have the priceless advantage of being in your own country, on the ground, settled. Any other place u r "that foreigner" - an outsider with an accent, who is causing all the problems in their counyry, who should go back to her own country and stop "taking our jobs" and driving wages down.

For the first time on nairaland, someone sees social media for what it is, a place to see other people view, a place to learn and a place to teach..not just to blinly force an insight to a situation . More grease to your elbow sir.

crafteck:
For the first time on nairaland, someone sees social media for what it is, a place to see other people view, a place to learn and a place to teach..not just to blinly force an insight to a situation . More grease to your elbow sir.

The credit goes to u - for being so observant.