mcbreeze:
Our President is enjoying in France, when the country is on fire. Shameless shit hole

Continue buying up foreign currencies you are not spending in Nigeria, and be expecting the rate to fall.

It is the law of demand and supply at play, when there's no dollars to stock up, everyone will keep their Naira.

The government has allowed a free trade determined by market forces.

Ok.

Congratulations to him.

If he someday becomes Governor of Lagos State, I hope he will not domicile the state funds in a bank he was previously the Chairman and has major interests.

We know a certain "Saint" who was fraudulent enough to do so.

What happens in SouthAfrica is not our problem, as I believe they have their own journalists to report the news locally just as our Nigerian journalists are also doing same.

The government of Nigeria must be responsible for the lives and safety and livelihood of Nigerians.

The government should provide a solution fast to the security lapses we have always had, and which a lot of criminals and terrorists are now emboldened to exploit.

They are just waking up to commonsense measures that should have been taken since.

Nigeria is the only developing country with potential for greatness, that still allows citizens to be holding foreign currency in their local bank account, and allow the free trading of foreign currency in every road side kiosk.

By now, all domiciliary accounts should have had limitations of $10,0000, that should have a 3months limit to liquidate to below $2000 once foreign remittance has ceased.

And prohibit all transfers between Nigerian domiciliary accounts, such that the funds can only be exchanged by the bank hosting the account.

longetivity:
This dude is the worst CBN Governor in the history of the world.

Worse than Emefiele?

Who despite not floating the Naira, still managed to move us from N160 to N750 to a dollar?

About 500% devaluation.

Naira has been floated.

The government is not interested in defending the exchange rate with scarce dollars.

When we are ready, both government and the people, we will detach ourselves from our fascination with the dollar exchange rates.

Freebills12:
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You are nothing but a fool. People like you should not have access to phone because it is a waste... 70% of all you use in this country is imported with dollar and your brain with which you used to type this can't articulate that there will be increase in price of commodity. Don't you know that fuel is imported in dollars? Gas, disel... Better respect yourself. Once our currency has no value the mass will suffer because Nigeria is not among the country that produce rather we consume.

You huffed and puffed and still concluded on the same problems I identified.

Emotions over logic.

Willie2015:


Exchange rate will affect cost of living in Naija..
Cos we dont produce...
Most machines are procured from overseas....
U need to import tractors ... spraytubes... driptapes...
and other modern farm equipments... from India..china etc
In fact some of our seeds are imported...

Good points.

These are the things any Nigerian government should worry about resolving, apart from increasing the minimum wage to ensure needs can be meet and savings made.

Let the exchange rate take care of itself.

jackpot:
You are a big PHOOOL and an IGNORANT FOWL

The Tilumbu government cannot pay people salaries enough to cater for the rise in the cost of living caused by the exchange rate, and you said we should look away.

Why should exchange rate of the dollar cause a rise in the cost of living inside Nigeria?

That is the problem the government needs to address.

Eliminate importation of the commodities we should never be importing, like our fuels.

Are we importing agricultural products?

Boondocxs:

Are you not ashamed of your self
Minimum wage is 33k is that amount enough to feed for a month talk more of savings and investment
How long will you keep lying to yourself

Are you not ashamed that you could not comprehend my simple post, nor realise that it is a call to the government to ensure that whatever a Nigerian is earning in Nigeria, it is enough to provide for the needs and necessities, while still having enough to save and invest for the future?

Once that is achieved, who cares about exchange rate to a dollar that you are not spending in Nigeria?

Tinubu made it clear that the dollar should trade for whatever value those who are demanding it are willing to pay for it.

The question then is why are Nigerians so concerned about the naira value of the dollar?

The exchange rate is not a value of our local economy.

We were never a bigger economy than the USA when our Naira traded higher to a dollar on the 1960s and 1970s.

The UK is not a bigger economy than the USA despite the exchange rate between the British Pound and the US Dollar.

The government should focus on our local economy and achieving local sustenance, and ignore the exchange rate speculators.

As long as the average Nigerian can get all their needs and have enough left for savings and investments for the future, the exchange rate would be nothing but a number, just as it was when we had a higher exchange rate but a poorer economy compared to the US economy.

accordadoga21:
Hehehehe

Ebi n pawon.

They keep suffering, boasting and smiling as if they are not affected by the harsh economy and na dem hungry pass.

When they hear a dollar is #5,000 and a liter of fuel is #3k, they start rejoicing as if they are not affected meanwhile awon lebi n paju

Hahahaha!

They are fastidious and steadfast hypocrites.

The purest form that has no alternative.

Bobloco:



Those internet wildebeests have been condemned to always castigate Peter Obi, who's just a private citizen.

You mean the way Tinubu was a private citizen since 2007 till 2023, yet your ilk never spared him of your castigations?

Hypocrite!

Validated:

Why are scared of Peter Obi's popularity? Before 2027, no sane Nigerian will vote for a confused Tinubu and his failed APC. In 10 months, Tinubu has succeeded in devaluing Nigerian life by 400%. By 2927, when $1will be N6000, Nigerians will be the ones campaigning for Obi.

Obi is not the only politician that Nigerians can campaign for as an alternative to the APC government.

We know he did nothing spectacular as Governor, so you Igbos need to calm down on the messiah image you are desperately trying to whitewash a man that was infamous as a wicked and visionless Governor.

Bobloco:


I hope you know that Obi hasn't lost a single voter; in fact,  he has garnered more votes than any of the presidential candidates that contested the 2023 presidential election.

And he has garnered more votes to become President of the Nigerian Congratulations Council now, while serving as Atiku’s boy in 2027.

He has learnt from his mistake, that a boy should only serve and not punch above his weight.

APCNig:
We will humiliate them again. We run this game. Meanwhile, no Igbo man will ever rule Nigeria

Atiku’s case is that disgrace is never enough for him.

He needs to be disgraced consistently to feel he is doing something worthwhile.

An Igbo man will surely be President of Nigeria someday, but not in this political era and his name will not be Peter Obi.

Okoroawusa:
To think that those that were vehemently against Tinubu because of age are seriously considering an 81 old Atiku in 2027... make I just laugh

That is hypocrisy on colos.

10mobile:
Why not? I know that we've been conditioned to think that Atiku can't deputize again. But, is it against our constitution to be a Vice President twice? Or, is a former Governor actually inferior to a former VP as some people seem to think?

My only problem with Obi/Atiku ticket is that Obi will have a similar problem that Obasanjo had with Atiku.

As for Atiku/Obi, it's a no-no for me because that would be a waste of Obi. If Obi accepts this, he'll lose my support.

What about you? I'm only addressing the honorable Nigerians known as 'Obidients'. Anyone else, kindly stay away. Thanks.

Oh! So you saw that shameless Penguin in his reply to my post.

ObI will forever be Atiku’s boy, and the shameless Obidients will have no choice than to accept the arrangement.

They have become so accustomed to making a messiah out of politicians who are looking for Special Purpose Vehicles.

Atiku and his girl Adaobi, are desperate politicians who are ready for any arrangement to actualize their desperate ambitions.

Atiku’s defeat to Tinubu is so painful to Atiku that he will never get over it, even if he abandons Dubai and relocate to Nigeria so he can get his dying wish to rule Nigeria even if for 1 day.

He will continue to toil in vain with his boy, Adaobi.

Bobloco:


I feel your pains bro

And you got a long day

You mean Obi waiting to become President and queueing behind Atiku again?

Desperation at its typical best and who better to demonstrate it than its 2 most prolific desperate politicians.

Jeyun:
you mean the 29 state yakubu won for him

Mumu!

Nobody won 16 or 29 states.

We are referring to 25% votes that is the requirement in 2/3 of all of Nigeria.

AcuraZDX:


This is a Plateau Man during Obi's visit today.

Your smear campaign ends in your phone memory and browser history.

Take a break boy.

Ok good for him, while Obi is still stuck in 16 states.

Na who lie fact checker dey follow.

Na who shit for body, flies go dey follow.

Make Obi stop to dey shit for body.

Adaobi wey born Gregory soon to become Grace.

Felaincarnated:
No1is fooling u baby boy cos u are next to be massacred before d year runs half

I reckon the way the Ezu River massacre occurred was not his responsibility?

It is your right to type as you want, but keep to the forum rules.

What did Peter Obi do about the Ezu River massacre when he was Governor of Anambra state.

This ticket hunting politician cannot fool me.

No wonder subsidy has to go and CBN has to takeover.

There should be no sacred cows.

If found wanting, sack and never forget to prosecute.

Okoroawusa:

Hahahaha! You sabi the game plan. Even Peter Obi is part of the game plan.

That one must run too.

Infact Tinubu must provide him the funds to run, as his run is indirectly a campaign department of Tinubu's own campaign to win, as previously posited by Gov Soludo.

yarimo:
Well said kwankwaso, in fact OBI and ATIKU must contest again as president in 2027

You know the game plan.

Rahkman:
most of those people if not all are Your people

My people is my family and they are not nefarious persons.

Who are your own people?

And what has the removal of nefarious persons living under the bridges become associated to a people?

Why is your conscience pricked?

Nigeriaaa1960:
Lagos s'd be calming down

Be calming down to accommodate all manner of nefarious persons?