₦airaland Forum

Segzy19:
How is that your business and how is it relevant to the post. Are you stupid or daft?

E pain dem, Atiku and Obi are not affected by Tinubu's bad policies, it's you who's living hand to month that's fighting for him.

I have never seen people this intentional about suffering in my life.

Benwallt:
Watin concern me concern saner clime. My scope is on Nigeria

And I answered your question, what exactly is your problem you this man.

Segzy19:
By now Atiku should have returned to Dubai.
Obi should now rest and prepare for 2027 or let them swear him in as online twitter president.

Both Obi and Atiku are even lucky that the Supreme court didn't fine them again for wasting court's time

Let the Obidients who are not satisfied with the supreme court's judgement go and appeal at the Court of Arise TV where Justice Oseni Rufai will hear their appeal....😝

For now Asiwaju Tinubu is our president.
May God bless Nigeria 🙏

Can you afford a plane ticket to Dubai or even Cameroon?

Nigeria is dead

Benwallt:
Thunder fire Pandora wherever he is. Has election ever been conducted and results transmitted electronically before?

The Osun State election

This is the first Presidential election with provision for electronic transmission, saner climes have been voting electronically for years.

Better get sense now Mr man.

Ingocof:
Write anything and the party agent at the polling unit put their signatures? What then is the essence of party agents at the unit? Obi and Atiku should have brought those signed result sheets from their agents to prove that they won not relying on I-rev which is just a viewing centre for the results.

Through the viewing portal did we find edited and doctored election results, yes or no?

Elvis2kay:
Eyaaaah... Obidient and Atikulated sorry oooo. God will heal una pain o.😭. we no go hear this kind heartbreaking news again ooo..

Hope you won't die of hunger by 2027, they aren't looking at party membership card before they sell again.

StOla:
Blow by blow the Supreme Court is rehabilitating a lot of Obidients from their delusions they have held dear since losing the election.

Don't worry the price of essential items in the market will reset your brain. You think someone who gets into the seat of the President through the back door means well for you?

Electronic transmission was just a scam they used to deceive the whole country, now anyone can write what they like at the collation centre to decide who gets elected into sensitive positions.

With the way the country is falling I say GoodLuck to all Nigerians.

richmond500:
The essence of these policies is to kill importation business and make Nigeria a production country.
Your business is not the only business that is dying, many business that depends on dollar has closed down and more will close too.

Time is coming when Naira will hit 5000 to a dollar. When this happens, foreign products will be difficult to purchase and we will have no choice but to buy made in Nigeria goods cos even a pair of foreign pants will be so expensive that only politicians can afford it while the rest of us will wear plantain leaves.

It's so annoying that the average secondary school student knows the dollar to naira exchange rate, that shows how we depend so much on the dollar and killing our own naira.
Until we patronize our own companies, we can't grow the economy, this painful stage is called the transition stage from foreign to local, the govt is not the problem but the time it takes Nigerians to accept the Nigerian goods will determine how long the pain will last.

In the next five years, we will fully accept our own economy and in the next ten years, we will have an economy that will beat France and Germany cos we have the market already.

Hope the device you used to type this rubbish was made in Nigeria.

Continue to lament.

Ikaeniyan0:
It's you thats making the claim, it's not me.

And when the naira start strengthening against the dollar, the price of a litre of petrol will also start falling.

That will never happen

Teenaira:
Which Peter Obi are you referring to. Is it the one destroying Nigerian economy with unnecessary imports ?

Blindly repeating what you saw online just shows people you didn't go to school.

FreeStuffsNG:
Remarks from the Minister of Finance and the CBN Governor at the National Economic Summit Group.
1. The FX market is illiquid because there is not enough supply of foreign exchange in the system due to various reasons.

2. The bleeding with respect to Nigerian resources has stopped.

3. The time to be concerned has gone as the country is now on the path of rebuilding.

4. There is enormous interest from foreign portfolio investors and foreign direct investors.

5. The President has signed an executive order that will effectively legally allow all the cash in the domestic economy to come into the system.

6. There is another executive order that will allow domestic issuance of foreign currency instruments.

7. Revamping of the FX market to ensure simplification and digitization of the FX market through a robust regulatory framework.

8. There is an expectation of a $10 billion inflow to clear the backlog of FX obligations in the coming weeks.

9. There will be supply of FX from NNPC, Sovereign wealth fund, foreign portfolio investors.
Check my signature for free stuffs!

All this talk na rubbish, your jagabandit knows nothing about the economy, soon they will start raiding the homes and bank accounts of ordinary Nigerians looking for what to sieze.

Acekidc4:
People should give Tinubu time, he will surely perform and do wonders. You all will thank him later. Things are really bad, we all know but it won't be for long.

2 minutes Tinubu is who you think will perform?

opamoses1:
Naira is finding its real value. No more padding it with $1.5 billion monthly.

It will surely stabilize then healing can begin.

Zimbabwe is calling you.

aljharem:
Haba you didn't have to say this

That one that has no use in this life, see now that nairaland mods allow these tribalists to run wild because they want engagement or silently support them.

Yet they will sit down and shut up like trained dogs. If it was a Christian from the South in power they would have burnt several communities down claiming they want to kill Northerners.

The same people that wanted to start civil war over 140 naira fuel are quiet when fuel is almost 700 naira.

This is importation o

DeLaRue:
Well, I am making my own contribution and not hoping the country fails like some people are hoping.

Others like Mr Dangote and the BUA man are working non stop to help the country, and of course themselves.

80% of items 1 & 2 on the Statisense data you provided will no longer be imported within the next 2 years.

Many other items on that list can and will be produced in Nigeria.

We must reduce non-essential imports as much as possible, and that's why I think the government is not bothered by black market dollar rate especially now that the 42 previously banned products have been allowed to buy dollars from the official market. Infact, the CBN Governor must be looking at the import statistics and be smiling to himself. The black market is doing the job of killing non essential imports without the CBN lifting a finger.

Goods that are imported at black market dollar rate are no longer affordable to many, so demand for them is reducing drastically, thereby reducing imports drastically. The black market is doing the job of the CBN in curtailing non essential imports.

In the medium term, that will rebalance the economy towards more local production, greater real employment, increase in GDP, and general improvement in overall prosperity.

It is unfortunate that in the short term, many will be affected negatively. However, in 3 or 4 years, the rebanlancing of the economy will be firmly on track.

Short term pain for long term gain, or short term gain for medium term bankruptcy. The choice is Nigeria 's to make.

Wow this guy is actually very dumb did you not read that most of Nigeria's imports are basic things we need for survival? How many people did you think could afford imported cream when surviving on 1 dollar a day? .

No wonder all the graduates in Nigeria want to japa.

It's not wishing and hoping that caused the problems you are facing today it is Tinubu's stupidity.

He wants to make Nigerians poorer with no access to fuel and food to stop "non essential imports" that have no major effect on the economy.

He also wants the same Nigerians without access to electricity, medicine, and machines that are imported to start producing, how?

This is what politics of bitterness, envy and hate does to you people.

Someone who appointed hundreds of useless special advisers and aides while also spending 400000 dollars on a hotel in New York for a meeting that will yield no tangible benefits to Nigerians is telling them to sacrifice.

The CPC template of making northerners content with poverty is slowly being replicated in the South West.

DeLaRue:
Lack of dollars affects imports, it doesn't affect exports.

Nigeria should focus on exporting more goods. That's the way for the country to earn more dollars to pay for essential imports.

The fact that importation is slowing down is good for the economy in the long term, but only if Nigerians will focus on producing more of what we eat and use locally.

How is it bad if imports of indian/peru/Brazilian hair, lotions, creams, cornflakes, furniture, multi vitamins, shoes, and thousands of other non-essential goods that we can produce locally reduce drastically?

Are China and India developing their economies by importing everything under the sun from other countries and not producing their own locally?

So Lekki ports is not busy because of lack of imports. Are we supposed to be celebrating importation that enriches other countries Why aren't we asking why we have nothing to export through the ports?

Keep importing everything na. We shall see what will happen to the Naira. Sebi, the government will put a printer in Aso Rock and start printing dollars abi?

People are just not serious in this country.

Go and open your factory to export. When you do you will understand that it's rubbish you just typed.

Naptu2 must be devastated.

Cyberterror:
The accuracy of this report is doubtful. So they are trying to say that with the mass social media and street mobilization of Peter Obi and his Ipob supporters who were waving Nigerian flags for the first time ever, even with Psquare dancing in front of sellout crowds in Port Harcourt, turn out was still at an abysmal 29%? Na lie

Mumu when some people came out to vote the BVAS machine was snatched and the useless army was busy doing nothing.

These idiots continue to play dumb and play with their lives.

See as APC miscreants packed themselves into the front page like sardines.

This is obviously one of their planned threads from their WhatsApp group, mods will now help them push it to the front page. This your propaganda format is getting stale.

Theunbothered:
You will never find them here. These accounts plan in their WhatsApp groups to cause commotion and chaos with fake threads that the mods then push to the front page.

We need to stop deceiving ourselves, time waits for no man, do the right thing while there is still a chance!

DLSReigns:
"Tinubu will handle the economy, Shetima will handle security " what went wrong pls. I guess I am missing something.

Where has Shettima even gone?

I haven't seen the mugu since he picked up one indecent book on his trip to the USA.

By the time Tinubu is done with Nigeria agbado children will be looking for statistics to chop in the market.

forgiveness:
We are saying the same thing.

But devaluing the naira will make it very difficult for Nigerians to produce anything since what we import are refined fuel wheat and machines.

forgiveness:
I actually agree. Naira had more value than won but Korean economy is bigger than Nigeria thus making them more wealthy and richer than Nigeria because they export more products.

Korea is exporting finished products Nigeria is exporting raw materials and making itself poorer.

yarimo:
How far with TINUBU CSU certificate? just asking for a friend

Ask your friend if his salary can fuel his car in a year not to talk about buying one.

Ask your friend if he can afford a medical emergency right now.

Also ask him if he can afford to take his entire family on a Christmas vacation to London this year.

Ask him if he can go to a remote village in the North and sleep peacefully with his valuables outside.

Finally ask your friend if he ate three square meals today.

Ozommadu:
Seunmsg sh^me on you for supporting évil government

Yarimo and benuejosh karma is coming

You will never find them here. These accounts plan in their WhatsApp groups to cause commotion and chaos with fake threads that the mods then push to the front page.

We need to stop deceiving ourselves, time waits for no man, do the right thing while there is still a chance!

This naira unification has caused more trouble than it's worth.