₦airaland Forum

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

All this one na grammar u de speak. Lack of forex in Nigeria has nothing to do with gold or bitumen. Lack of forex in Nigeria is deliberate & artificial. D corruption in d CBN& those in govt will blow ur mind. D differentials in d CBN rate & d black market rate is needed& will continuously be sustained in order to ensure that those who have access to and control d nation's forex, can continue to enrich themselves

Am not discussing my family issue

helinues:
Sane people saw that coming..

Meanwhile, major currency also rise not only Nigeria.

All thanks to Uncle Corona

Keep blaming coronavirus because it cannot defend itself.

Buhari promise to diversify Nigeria's economy since 2015. To date, Buhari, who's the petroleum minister, is still financing JVP to prospect crude oil in the north with Nigeria's little savings.

Meanwhile, he keeps borrowing to fund his infrastructure budgets.

I really commend you people who defend Buhari despite his glaringly obvious incompetence.

A toast to all my gee guys..
Let it continue

nawa ooo

sammysneh:
Prediction without solution don't make any sense

Is Dino melaye in charge of forex in Nigeria?

it's very easy for politicians to predict economy doom for the country considering the huge amount of resources they are squandering unaccounted for on luxuries and living larger than life attitude. just borrowing to mortgage the future of the unborn generation by satisfying Demo and his gangs of rubbers

It is not surprising at all. When you have an army of media aids without any economic adviser, it is bound to happen. If nothing is done urgently, it will go beyond five hundred. You don't manage the economy with propaganda.

Is he not part of those who created the corrupt system?

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

lol. zamfara gold go crash dollar to 50naira... zombies everywhere

bukkysam:
Nigeria is going down with full speed. mmmmmmmmmmmm



We need Gods intervention

The intervention lies in our hands. Yet we wait for God. Happy waiting!!!!

Do we call him pastor now?





Just asking?

galaxylauncher:
Senator Dino Melaye predicted the N500 to One Dollar in 2019. Today it has happened.

What a foolish thread!

He said N500 to One Dollar by May?

First of all, May of which year?

When are we now?

I too predict N600 to $1 in "future".

Oya, come back here in future to worship me.

Okay

Predictions are now opening for it to reach 1000 naira.

Very soon we go dey buy tissue 10 000 naira. With the way this economy is going.

China product go soon turn high end goods while american and european goods will be made in heaven goods and to get it you must be an angel or related to one.







For your car tracking services and installation, check my signature

He's part of the problem the Naira is facing.

So, why hero worshipping him.

MozB:
The intervention lies in our hands. Yet we wait for God. Happy waiting!!!!

What do we do?

mazinaija:
the problem here is that you might not be able to sell the resources you mentioned above in the same quantity and value as crude oil

You not making sense. Let them sell it first.

helinues:
Sane people saw that coming..

Meanwhile, major currency also rise not only Nigeria.

All thanks to Uncle Corona

The Boars want you to blame Bubu as the cause of Aunty Corona & universal economic crash.

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

I'm afraid this does not sound like a great idea. For how long can the so-called Zamfara gold sustain the entire country?

I think the government should be aggressive with the campaign on made-in-Nigeria goods. Nigerians love to impress others with foreign goods, thereby putting avoidable pressure on the little dollar we have here.

Buhari started well by encouraging people to buy made-in-Nigeria items, but lost focus along the line. He needs to retrace his step; we need to grow our local economy.

Okuda:
lol. zamfara gold go crash dollar to 50naira... zombies everywhere

Retárds every where. Didn't you see bitumen and uranium there? Bástards everywhere.

Dino is a Hypocrite, After Converting Constituency Funds For Personal Use, He is Now Displaying Wealth in Mist of Poverty and Headship,

nairalanders gimme something pls 7107003014 FCMB

helinues:
Sane people saw that coming..

Meanwhile, major currency also rise not only Nigeria.

All thanks to Uncle Corona

Lol.. Zombies will always find away to justify nonsense.

Standing5:
The problem is lack of forex.
Lack of forex is caused by unwillingness to trade other resources like gold, bitumen, iranium for the dollar as oil is being traded.
If zamfara and co should release their gold and it is sold like oil, there will be plenty dollar to go round and it will crash to even N100 or N50 a dollar.

Hahaha.. Where did you learn your economic from?

Bitcoin and Forex Traders go dey laugh right now.

SmartPolician:
I'm afraid this does not sound like a great idea. For how long can the so-called Zamfara gold sustain the entire country?

I think the government should be aggressive with the campaign for made-in-Nigeria goods. Nigerians love to impress others with foreign goods, thereby putting avoidable pressure on the little dollar we have here.

Buhari started well by encouraging people to buy made-in-Nigeria items, but lost focus along the line.

Local good? If covid 19 couldn't force an atom of better local healthcare, I wonder what mere human encouragement of local good will do. Commonsense dictates we sell other natural resources. Illegal miners are already selling it, all we have to do is change who receives the proceeds and add it to oil forex which is presently low.

Okuda:
lol. zamfara gold go crash dollar to 50naira... zombies everywhere

Omo i weak ooo

udemzyudex:
Hahaha.. Where did you learn your economic from?

Get lost if you have nothing to say.