Zeebuy:


If you talk this "ban crypto" again, amadioha will twist your tongue

Sorry oga no vex. Leave crypto ban other things

Benz 200 flat boot and danfo or combi bus

Your husband is the cause of this hardship. Buhari managed it better.

Your husband's Naira floating theory has made food and other essential commodity expensive and above the reach of Nigerians . Better peg the Naira at a realistic rate . Ban crypto and other frivolous dollar requests.

Lies.

Results of senseless economic policy .

Lies. Bayelsa

Food is expensive because our currency is weaker than our neighbours. So farmers sell to them or better said the buy cheap food in Nigeria.

Disaster

Your face and hers is not showing what are you hiding.? I wish you Happy married life.
In my case first 6 months was the issue but it's been 10yrs and 2 children. My advice is they make issues out of nothing, you can't win an argument, learn to not reply ignore and keep quiet. Finally money should always be available.

Your wife is a cheat. Cheating starts emotionally first. I advise you avoid having children with her to make your separation easy. You should not have married her in the first place.

Good idea. It will be implemented someday. Domiciliary accounts should be prohibited. You can't store idle funds in dollars in a Naira economy. Idle funds are not good for an economy

If devaluation attracts investors then Zimbabwe, Venezuela and even Argentina will be number one investment destination. All I can say is alot of stupid people in Government.

I suspect they want to sell it to Dangote. The man is looking of crude oil seriously.

This will end likes of comatose Patricia money transfer app.

MTN was trying to cheat GLO. Unknown to them GLO on a goodday hardly pays genuine financial obligations ontime talk less of fraudulent requests . NCC tried.

Another failed policy by Tinubu. The man does not understand Nigeria. Student loan can't work.

studyless123:


Explain how this policy crashes the economy? Do you understand the policy or you just want to comment?

Let me explain. Besides your experiencing it. Between N336 to $ in 2021 and N1550 to $ in 2023 a space of 1yr plus our population did not double neither did our manufacturing capacity reduce by half. So the question is why the sudden uncontrollable crash. Let me give you a hint. Wealthy Nigerians have a penchant to convert Naira to dollars and store in foreign economy that alone is bad for our economy. Can't type much am tired! Finally the principle of floating a currency is fundamentally wrong for a country like Nigeria. The United states may float their currency but have checks and balances one of it is law against unverified inflow from other countries . They simply will not allow you to bring unknown money and invest in a " house purchase" for example besides their wealthy citizens don't have a penchant to save their currency in EURO or GBP even when those currencies are stronger against the Dollar.

Splashme:


For the records, Sanwo-Olu did not build any rail line called "Red Line"

Nigerian politicians can be so deceptive. The cunning man simply picked the portion of the FG's funded (Lagos - Ibadan) rail line that falls inside Lagos territory and nicknamed it "Red Line"

The so-called "Red Line" starting from Agbado - Agege - Ikeja - Oshodi - Yaba/Oyigbo is a part of the larger federal govt owned Lagos - Ibadan railway project that falls under Lagos territory.

Sanwo-Olu should explain it this way to Lagosians, he won't die. All the governor is doing to procure the train coaches
.

He built terminals. Don't forget the federal government already plys this route but with old trains and ugly looking passengers. Try to see the kind of people that make use of the blue line.

How does this help. They will probably send it to account of some directors . Making the directors millionaire once Naira gets to N2000 or N2500

orohbiro:
stingyman

. Am not stingy he asked a question I was trying to help him. Some guys spend above N100k on a date such guys will not ask the question op asked

If you own a car N6k provided you only buy for her. If you want to buy for yourself as well N9k. If you don't own a car budget N20k . Transport is expensive.

What is your solution??

Defending is best. Unecessary demand for dollar by companies and individuals that have no benefit to the economy is causing Naira to crash on the daily.

The Naira is floating away. Mad protest loading this year due to hardship.

Naira is undervalued. Floating a currency does not give a fair value of any of the currency. Naira is taking a hit because everyone wants his Naira converted to dollars .

Better ban BDC from Forex markets .

macklef:

Even if the policy is reversed, does the govt have enough forex to back dollar demand? The black market will still float supreme.
The stenght of the naira has to do with how much foreign currency the country can boast of, or how solid its local production can fight off foreign demand

Yes. But not all Forex demand are legitimate. Our economy has to be regulated to prevent abuse of Forex request. Wealthy individuals want every Naira they make converted to dollars simply because they don't believe in Nigeria. A better regulated economy will filter out such Forex request.
Secondly, remittance from diasporas don't get to the central bank. What we have is an app that keeps Forex outside our economy only to credit recipient in Naira so the economy depends on only Government Dollar inflow from NNPC. A better regulated economy will stifle out such transaction. Finally am of the opinion that only Government should hold Forex. All domiciliary accounts should be closed.

What this central bank Governor is doing is crashing the currency. He had better stop this Naira floating policy and be more realistic.

The CBN governor has no solution. When he removed the stops put in place by the former CBN governor I knew he was dumb and a disaster was pending. Best thing is to sack him or a popular revolt may remove the person that appointed him. Any which way he needs to be removed and all his ideas reverted.

Good move. Am sure the value of crude sale will suddenly rise . Nigeria may have extra money to spend soon

annayawchee:
E Pele sir,
Officer of the law,
Awon set investigator,

Where have you been since 4 years and 2 months to check the credibility of the story sir

E ku ise sir.

He had issue with her in November 2019 and in January 2020 he met her in the bank and her stomach was protruding All through the back and forth begging she never made mention of her pregnancy even while she was in hospital for whatever reason. The guy discovered the protruding stomach in the bank after only two and half months.
I hate stories told to make women look bad. That's just my point. Stop the lies pls even if it was 4yrs ago.