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Now That Our Money Is Useless What Next . - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNow That Our Money Is Useless What Next . (1685 Views)

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Now That Our Money Is Useless What Next . by johnmartus(op): 9:51pm On Jan 03, 2021
Everything is on high price in the country and if you ask majority of them why they hike price on every products they will tell you naira continue falling to dollar.

5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks.

We should stop deceiving ourselves it seems this country is getting spoiling every day...I think the government should dissolve her economic team or whatever they called it and form another team that will have intelligent and technocrats people.

If we continue living like this I'm afraid this country will not survive first quarter of the year.
Re: Now That Our Money Is Useless What Next . by dollytino4real(f): 9:52pm On Jan 03, 2021
to sell Nigeria
Re: Now That Our Money Is Useless What Next . by dawnomike(m):
johnmartus:
Everything is on high price in the country and if you ask majority of them why they hike price on every products they will tell you naira continue falling to dollar.

5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks.

We should stop deceiving ourselves it seems this country is getting spoiling every day...I think the government should dissolve her economic team or whatever they called it and form another team that will have intelligent and technocrats people.

If we continue living like this I'm afraid this country will not survive first quarter of the year.
You made a good point... The one that baffles me is that our country is addicted to borrowing. We even take loans to fund our federal and states budget. Which generation is to pay back the debt and from which future revenue?
There is a deep problem in this country and I wonder what will become of Naira in 10years from now cry
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 9:58pm On Jan 03, 2021
The IMF and World Bank keep deceiving Nigeria government about our economy situation. Sincerely there's nothing left again the country is very sick and need urgent attention now.
dawnomike:
You made a good point... The one that baffles me is that our country is addicted to borrowing. We even take loans to find out federal and states budget. Which generation is to pay back the debt and from which future revenue?
There is a deep problem in this country and I wonder what will become of Naira in 10years from now cry
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 9:59pm On Jan 03, 2021
Madam its not funny our country need help.
dollytino4real:
to sell Nigeria
Re: Now That Our Money Is Useless What Next . by dollytino4real(f): 10:03pm On Jan 03, 2021
johnmartus:
Madam its not funny our country need help.
what help can u render as a Nigerian
Re: Now That Our Money Is Useless What Next . by NwaNimo1(m): 10:03pm On Jan 03, 2021
dollytino4real:
to sell Nigeria
Again?
Re: Now That Our Money Is Useless What Next . by dollytino4real(f): 10:07pm On Jan 03, 2021
NwaNimo1:
Again?
yes
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 10:07pm On Jan 03, 2021
Raise an important point would go a longway but I'm afraid the people in corridor of power wouldn't listen because of their selfish interest.
dollytino4real:
what help can u render as a Nigerian
Re: Now That Our Money Is Useless What Next . by dollytino4real(f): 10:13pm On Jan 03, 2021
johnmartus:
Raise an important point would go a longway but I'm afraid the people in corridor of power wouldn't listen because of their selfish interest.
yes o! those greedy polithieficians
Re: Now That Our Money Is Useless What Next . by Etinosa1234: 10:27pm On Jan 03, 2021
So all u use ur money to do is drink?
Re: Now That Our Money Is Useless What Next . by mightyhazel:
zombie dey feel pain? 30k no reach again?
Re: Now That Our Money Is Useless What Next . by NwaNimo1(m): 10:35pm On Jan 03, 2021
Buhari has said agriculture....
Re: Now That Our Money Is Useless What Next . by goodmorning40: 10:50pm On Jan 03, 2021
Buhari is on top of the situation
Re: Now That Our Money Is Useless What Next . by AsiwajuNdigbo: 10:55pm On Jan 03, 2021
johnmartus:
Everything is on high price in the country and if you ask majority of them why they hike price on every products they will tell you naira continue falling to dollar.

5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks.

We should stop deceiving ourselves it seems this country is getting spoiling every day...I think the government should dissolve her economic team or whatever they called it and form another team that will have intelligent and technocrats people.

If we continue living like this I'm afraid this country will not survive first quarter of the year.
Oga mi, it has nothing to do with economic team. grin

I can already tell you are southerner judging from your approach. Southerners like to throw academic theories at practical problems.

grin grin grin

Ol boy, arewa no get education but dem smart. Let me break it down.

Bureau de change controls exchange rate for naira. Cbn is a toothless dog.

Recent monetray policy changes on dollar is connected to arewa interest in accumulating foreign reserves tied to zamfara gold.

Arewa people operate bdc. The bdc are now performing the functions of central bank.

If you collect a remittance of 1000 dollar from bank what do you do with it? grin
You go find malla to exchange it.

Why cant you keep your dollar and take to market to purchase garri, palmoil, stockfish, pepper, onion? Why cant you spendcit at buka? Why must you give to malla to change?

Southerners are experts in theories. Arewas are experts in practice. Its why they always have upper hand.
Re: Now That Our Money Is Useless What Next . by DIGIMARKETER(m): 7:10am On Jan 04, 2021
I do not have any political affiliation or see myself to belong to any tribe aside simply being a Nigerian so my comment is based on my observation:

In the past 21 years this is the longest i have been in Nigeria as i usually come down for 2 weeks at a time. This time i have been here since the 1st week of October and these are my observations

The market women inflate the price of food if they so much as pay 50 naira extra for transport or 50 naira extra for a particular stock thereby putting the burden on consumers

The Okada riders inflate the fares just because of a 2 naira increase per litre of fuel and charge you 300 naira for a less than a mile journey that uses less than half a litre of fuel especially the Northern ones or maybe they are from chad or Niger as they do not look like the Hausas or Fulanis that i am used to

Accomodation is quite expensive as it cost same as it does in England to live in a service apartment in an area that is not as good as the worst ghetto i have seen in the western world.

Imagine my eye drop that cost 4.99 pounds being sold for 9600 naira and this is prescribed so its important

I can go on and on.... my conclusion in 3 months is the problem with Nigeria is 2% government and 98% Nigerians.
Re: Now That Our Money Is Useless What Next . by mightyhazel: 10:28am On Jan 04, 2021
AsiwajuNdigbo:
Oga mi, it has nothing to do with economic team. grin

I can already tell you are southerner judging from your approach. Southerners like to throw academic theories at practical problems.

grin grin grin

Ol boy, arewa no get education but dem smart. Let me break it down.

Bureau de change controls exchange rate for naira. Cbn is a toothless dog.

Recent monetray policy changes on dollar is connected to arewa interest in accumulating foreign reserves tied to zamfara gold.

Arewa people operate bdc. The bdc are now performing the functions of central bank.

If you collect a remittance of 1000 dollar from bank what do you do with it? grin
You go find malla to exchange it.

Why cant you keep your dollar and take to market to purchase garri, palmoil, stockfish, pepper, onion? Why cant you spendcit at buka? Why must you give to malla to change?

Southerners are experts in theories. Arewas are experts in practice. Its why they always have upper hand.
Why cant it be changed there and then in the bank..
Re: Now That Our Money Is Useless What Next . by The5DME(m): 10:31am On Jan 04, 2021
Nigeria is a failed project.
Re: Now That Our Money Is Useless What Next . by Fortune118005(m): 10:37am On Jan 04, 2021
Can N5m build a 2 bedroom bungalow?
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 3:46pm On Jan 04, 2021
I told you that or you are just guessing.
Etinosa1234:
So all u use ur money to do is drink?
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 3:47pm On Jan 04, 2021
Maybe in the village where land is free and labor is cheap.
Fortune118005:
Can N5m build a 2 bedroom bungalow?
Re: Now That Our Money Is Useless What Next . by Etinosa1234: 3:48pm On Jan 04, 2021
johnmartus:
I told you that or you are just guessing.
Wasn't it u that typed this?
5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 4:00pm On Jan 04, 2021
We need government regulations you raised some important points here.

Regulation indispensable to the proper function of economies and societies. They create the “rules of the game” for citizens, business, government and civil society. They underpin markets, protect the rights and safety of citizens and ensure the delivery of public goods and services.
DIGIMARKETER:
I do not have any political affiliation or see myself to belong to any tribe aside simply being a Nigerian so my comment is based on my observation:

In the past 21 years this is the longest i have been in Nigeria as i usually come down for 2 weeks at a time. This time i have been here since the 1st week of October and these are my observations

The market women inflate the price of food if they so much as pay 50 naira extra for transport or 50 naira extra for a particular stock thereby putting the burden on consumers

The Okada riders inflate the fares just because of a 2 naira increase per litre of fuel and charge you 300 naira for a less than a mile journey that uses less than half a litre of fuel especially the Northern ones or maybe they are from chad or Niger as they do not look like the Hausas or Fulanis that i am used to

Accomodation is quite expensive as it cost same as it does in England to live in a service apartment in an area that is not as good as the worst ghetto i have seen in the western world.

Imagine my eye drop that cost 4.99 pounds being sold for 9600 naira and this is prescribed so its important

I can go on and on.... my conclusion in 3 months is the problem with Nigeria is 2% government and 98% Nigerians.
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 4:01pm On Jan 04, 2021
Drink is only thing you see there.
Etinosa1234:
Wasn't it u that typed this?
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 4:02pm On Jan 04, 2021
Continue deceiving yourself.
mightyhazel:
zombie dey feel pain? 30k no reach again?
Re: Now That Our Money Is Useless What Next . by mightyhazel: 4:21pm On Jan 04, 2021
johnmartus:
I don tire to deceive myself.. hunger don change everything for me
No o.. u must continue dey chop stone and nails and pretend say all well because of 30k
Re: Now That Our Money Is Useless What Next . by johnmartus(op): 6:13pm On Jan 04, 2021
Why are you like this ? Stop editing my texts.
mightyhazel:
No o.. u must continue dey chop stone and nails and pretend say all well because of 30k
Re: Now That Our Money Is Useless What Next . by Nobody:
johnmartus:
Everything is on high price in the country and if you ask majority of them why they hike price on every products they will tell you naira continue falling to dollar.

5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks.

We should stop deceiving ourselves it seems this country is getting spoiling every day...I think the government should dissolve her economic team or whatever they called it and form another team that will have intelligent and technocrats people.

If we continue living like this I'm afraid this country will not survive first quarter of the year.
You forgot to blame GEJ grin grin
Why??

cc lzaa bamite
Re: Now That Our Money Is Useless What Next . by mightyhazel: 6:43pm On Jan 04, 2021
johnmartus:
Why are you like this ? Stop editing my texts.
just helping to ventilate your true thoughts
Re: Now That Our Money Is Useless What Next . by LZAA: 7:46pm On Jan 04, 2021
imhotep:
You forgot to blame GEJ grin grin

cc lzaa

Re: Now That Our Money Is Useless What Next . by SUFFERInSMILIIN(m): 7:49pm On Jan 04, 2021
johnmartus:
Everything is on high price in the country and if you ask majority of them why they hike price on every products they will tell you naira continue falling to dollar.

5m naira can't be use to do a tangible things before if you have 1m you are a big boy or man but now you will spend it all on drink within 2weeks.

We should stop deceiving ourselves it seems this country is getting spoiling every day...I think the government should dissolve her economic team or whatever they called it and form another team that will have intelligent and technocrats people.

If we continue living like this I'm afraid this country will not survive first quarter of the year.
Please do not blame the Nigerian government Nigerian people are illiterate and stupid they only want to vote for a criminal or wherever they are in the world. all the Industries all the companies Nigerians have chased out of the country all the commercial farms Nigerians have chase out of the country. Look at the billions of US dollar Nigerians are now investing in other African countries and you shall keep quiet the problem in Nigeria is not the government the People's behaviour and their illiteracy. Nigeria will go and vote for a criminal then they want people to invest the same thing with Nigerians in Europe and America
Re: Now That Our Money Is Useless What Next . by bamite(m): 7:51pm On Jan 04, 2021
imhotep:
You forgot to blame GEJ grin grin
Why??

cc lzaa bamite
Gej the otueke bastard drunkard like your state governor?
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