Rontolo's Posts
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Shallow rhetoric at best. The currency is witnessing dollar supply-side shock. This was inevitable. The damaging policy of artificially supporting the naira is now severely constrained by a paucity of funds. Naira is finding its real market, non-intervention value- where it ought to be to attract FDI. Until we can create a productive economy and achieve a respectable level of trade balance through increased export, these policies will have very little effect! I know a few foreign investors waiting for this naira-value correction to bring in investment, to limit their forex risk from the unsustainable support of the naira. |
BlessedDay21:Yes. Join the Telegram group Have a blessed Sunday |
The Word on Sunday forum is now moving to Telegram. This is a medium term solution pending construction of a permanent host for the NGO Nairaland is no longer a tenable or sustainable platform for the cause https:///Caritas_Trust
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Inexplicably, the Word on Sunday thread seems to have disappeared. I did not ask for the thread to be taken down and received no communication preceding or following this action. It’s unclear to me what may have informed this decision to have the thread removed. It is unclear if events on the thread broke Nrland rules to the extent of forcing a removal. The thread was an important part of our planned Greater Purpose initiative and I hope it will continue on Nairaland and eventually off-Nrland on a dedicated platform of its on. |
No news here. Axis of corruption! |