₦airaland Forum

meum:
So Jona suddenly became the synonym for PDP? Well PDP didn’t meet the exchange rate at N22 to a dollar. Exchange rate was about N90.

meum:
Hahaha 😂😂😂
Which Jonathan? Was Jonathan president in 1993?

Cindypresh:
What's the difference between buhari you supported for 8 wasted years and tinupoo you're supporting now?? They both met dollar at #216.

Btw, what happened to floating of the naira

Cindypresh:
Ibos are the only ones buying a paintvif garri for #3000 in the market abi??


Tinupoo supporters and Senselessness are two parallel lines that can never meet

Iamgrey5:
She was actually telling speculators to hoard dollars that they don't need for any transactions to force the of the Naira against Major currencies to crash.

I have never seen opposition actively encouraging economic saboteurs in my life.

Iamgrey5:
I don't understand the need for people to attack the stability of Naira based on limited knowledge of the operations of the central bank?

Even if CBN is defending Naira with our reserve, why should we encourage speculators to drag our currency to a terrible rate by stroking fear?

Don't they understand the poor that don't have money to trade dollars will suffer the most?

I am surprised a so called Activist like Aisha Yesufu is acting like a bitter soul.

emkz:
https://businessday.ng/news/article/data-shows-cbn-not-defending-naira-with-fx-reserves/

Nlfpmod

LegendHero:
How am I crying? Don’t you see I am happy that naira is gaining which explained why I created this thread?

Oh I forgot, you’re a disciple of that 3rd class olodo called Peter Obi. I heard Obi is exchanging his own dollar at $1 to N1, abeg you fit help me change $500?

LegendHero:
Why are you crying? Did Aisha hushmummy not tell you to keep your dollar close? What’s your business with APC and the rate?

—Naira increase in value, you cry
—Naira decrease in value, you weep

What exactly do you want? It was almost $1 to ₦1 in the 60s, when are you asking when Tinubu will make it 1:1?

simpleseyi:
If you concentrate on your life, maybe you would not beg for food like those before you

Raskimonojendor:
Like Peter Obi supporters right.

MrBONE2:
Am deeply pain Bwana, Kenyans and Ethiopians should be banned from from all sports including Guwara Guwara for life

blancsn1:
What do you know.

Have you ever heard of fixed scores in football matches by Europeans ? I bet n have played that before n cheated out of my money.

No de let all this European brain wash you about being righteous. This act is wrong no doubt but it is everywhere.

Kobojunkie:
You call this a dip of less than a billion dollars when so far what seems like over 2 Billion is gone down the drain so far -- with near no immediate end in sight-- and Nigeria has nothing -in the way of development, industry investment, or even production ramp up of goods to show for it?

You know what, na my fault engaging you. No vex at all!

Kobojunkie:
Interesting claim considering the latest dip in the reserves began about the same time that the Government claimed it had begun working on the Naira. And unlike previous dips previous dips on the same account which I assume went to serving debts, import needs, etc., this most recent dip has yet to level out even after almost 30 days. So, I am at a loss here when it comes to exactly what it is you are attempting to blindly argue.

Kobojunkie:
Leave debts unpaid, why? The Government has been paying off debts before all of this started so I don't see reason why the same activities would suddenly result in the deep depletion we continue to witness of the reserves. It doesn't make any sense given that the dollar has not changed much in all that while and the reserves are maintained in dollars.

Kobojunkie:
So, amid the crash on the Naira, your government dug deeper into its reserves to settle debts, and cover import costs — all things it has almost always had to do before now —rather than engage in activities to sure up its currency?

Babalegba:
Wow, sense will not kee you.The best thing for you to do right now is to sell all your belongings,car hous and land. Then get a huge loan and buy dollars now after all you'll be doubling your money in eight months time. Easy money for you. Put your money where your mouth is.

Kobojunkie:
What other possible reasons could exist for why the government would dip into the foreign reserves with the Naira at its weakest? https://www.cbn.gov.ng/

alizma:
Imagine how criminally they claimed to love Nigeria. These people would give Nigerians the worst experience ever if giving opportunity to lead this country. Just imagine what Aisha of all people is saying.
When someone claim he/she loves me, I just say thanks, move on and wait until things don't go his/her way, that is when I checked to see if his/claim is genuine. Just listen to the kind of love Mrs Obidient has for Nigeria and Nigerians

Kobojunkie:
What has wishes to do with anything?

palsenator:
But you know that the NAIRA gain is unsustainable. Let's Lee deceiving ourselves.

greggng:
There is nothing to praise here . Nigeria is a mismanaged country . I knew when dollar use to be 13k for 100dollars. We are consumer nation ...we don't produce anything to sell to the international community aside oil
Mono economy doesn't help . Fir how long will govt stabilise the dollar.