Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,391 members, 7,978,251 topics. Date: Thursday, 17 October 2024 at 11:53 PM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi (25121 Views)
Nigeria Needs Ndigbo Now – Saraki / The Three Changes Nigeria Needs, By Muhammadu Buhari / Retired Military Officers – Nigeria Needs Damage Control (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by lordempire(m): 3:56pm On Oct 23, 2015 |
. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by Adesiji77: 3:57pm On Oct 23, 2015 |
Hmmm, I smell.... |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by spacebus: 3:57pm On Oct 23, 2015 |
This thing is simple,change the color of the currency and see that the amount of money that will come into circulation will marvel you.this will go a long way to take care of these issues. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by HighQue007: 3:59pm On Oct 23, 2015 |
yes |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by edogirl2: 3:59pm On Oct 23, 2015 |
liberty300: Mr Soludo was a terrible CBN Governor who almost brought Nigeria's banking system to total collapse. Under him, gangsters masquerading as bank CEOs used depositiors money like it was theirs - one of them aqcuired over 100 properties in Dubai and other places. Unfortunately, Mr Emefiele does not radiate the confidence of someone who knows what he is doing. But we have to stick with him and hope he comes good. 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by manuelzz(m): 4:00pm On Oct 23, 2015 |
Does Buhari know what Devaluation means? No go speak this grammar for Buhari o,he'll take it that you are trying to embezzle our Naira.....SMH for this country. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by cele360: 4:02pm On Oct 23, 2015 |
liberty300:lolzzz na aboki man buhari go soon give am oh, no expect igbo at all, soludo no fit smell that seat, and d igbo man way they thier now, go soon pack and go for buhari brethrens to enter, Nigeria now na buhari family business lolzz |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by Spirit1(m): 4:02pm On Oct 23, 2015 |
The central bank policy of currency restriction and protection of the value of naira is killing the Nigerian economy. We don't live in a vacuum. The international community know that naira is over valued. They are not fools. It doesn't matter what the central bank governor is telling us, seasoned economists in other countries know that we are living in a fool's paradise. CBN policies are killing the Nigerian economy. We just don't see the measured effect on day to day basis. Manufacturing sector is dying. By the time we realize it Ghana and other Sub Sahara African countries have over taken us. Then you will wonder how overnight countries we were better than are now way ahead of us. Devalue the naira now!!!! Remove currency restrictions!!!! Reduce interest rates !!!!! Now!!!! 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by CriticalThought: 4:05pm On Oct 23, 2015 |
The problem with a lot of things in Nigeria is we have no long term plan. We are always concerned with how we can be satisfied now. 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by Nobody: 4:11pm On Oct 23, 2015 |
ajepako: Are u Jealous that at his age he still rocks and you cant. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by LoveMachine(m): 4:12pm On Oct 23, 2015 |
Ademat7: TELL 'EM! He's also tied to Blackstone and Black Rhino. Definitely Beasts of No Nation. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by JuanDeDios: 4:13pm On Oct 23, 2015 |
LordMecuzy:How? |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by bigtt76(f): 4:16pm On Oct 23, 2015 |
Which kain emir be dis wey de too concerned about hin past work more than present one |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by deflover(m): 4:17pm On Oct 23, 2015 |
una never see anything...i know this will continue.....soon it will be win win win for us who trade financial securities .....1000 useless naira will be 1 dollar ....i cant wait apc chanji make una enjoy body odour......so na sanusi wey be emir don be CBN de factor governor ba |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by zurine(f): 4:17pm On Oct 23, 2015 |
Emekamex: was that the reason for which he was removed or because of the evidence against him on his corrupt practices as CBN Governor |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by flokii: 4:27pm On Oct 23, 2015 |
devalue wetin?... useless people... can they devalue their own currency? PMB.sir... abeg give ursef brain o |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by SweetSoup(m): 4:28pm On Oct 23, 2015 |
ajepako:You need serious help, try read the post again and see if you can comprehend. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ceejayluv(m): 4:31pm On Oct 23, 2015 |
anonimi:chai.. Jonathan too gentle sha... 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by Nobody: 4:34pm On Oct 23, 2015 |
Sanusi should mind his emirate business. It's these series of devaluation that have brought Nigeria to this irreparable scene. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by chyket(m): 4:35pm On Oct 23, 2015 |
What Sanusi said its the only way for Nigeria to move forward.The current exchange rate is artificial. During the regime of President Yaradua;the price of oil equally crashed and ex CBN Gov Soludo had to do the needful and devalued the naira from about 118/$ to about 185/$ .The dollars were available and business of the nation moved on. Currently,the CBN Gov Emefiele has almost pegged the naira to almost a fixed rate and the US dollars are not available to companies,businesses etc.Many businesses are comatose and people have even resorted to swallowing dollars to be able to cross it abroad to buy goods. 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by cabaliciouscabal: 4:37pm On Oct 23, 2015 |
SeverusSnape: So in ur calculations, is four years already ? Jst asking. illiterate of ur kind. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by anonimi: 4:38pm On Oct 23, 2015 |
ceejayluv: He was NOT gentle. He is a democrat who believes, more than those before him as president and the 36 state governors who worked with him, that our INSTITUTIONS should be independent for a better society. We, the citizens, are the gentle ones who could not also have adequate focus on these institutions (apart from the president) so all works for good. Africa does NOT need strong men. It needs strong INSTITUTIONS. 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by frodobee: 4:38pm On Oct 23, 2015 |
Frodobee : 1 Like |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by Captain6(m): 4:39pm On Oct 23, 2015 |
Op, Emir Sanusi was not removed in 2010,but 2014 January.get that right. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ceejayluv(m): 4:45pm On Oct 23, 2015 |
anonimi:true... I meant he was too gentle to the extent that he never publicly declared such damning findings against SLS... most Nigerians think he was suspended because of the (frivolous) 20 billion dollars allegation 1 Like 1 Share |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ibedun: 4:49pm On Oct 23, 2015 |
FYB: This is the truth, the whole truth and nothing but the truth, The world bank and its IMF cousin are financial terrorists who take pleasure in impoverishing Black people. A reckless devaluation of our currency will impoverish our people more and make life and existence harder for our people. What we need to do as a people is to stop our reckless levels of importation, stop consuming unnecessary things we cannot produce. Oil can no longer support our 'I must have the best' mentality when we produce next to nothing. I think people like Sanusi are so spineless they cannot fight or protect our interest when presented with the microphone by our Western adversaries (the west). He is speaking on CNBC so he is towing the lines of the IMF and World bank, institutions that are created to profit by inflicting misery around the world. The same goes for NOI. she came in and pushed policies that has rendered us poor immediately after the record oil price boom lasting 4 years!!! Our inferiority complex knows no bounds. 2 Likes |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by anonimi: 4:53pm On Oct 23, 2015 |
ceejayluv: Jonathan and PDP did not master the media. They allowed Tinubu and Lai Mohammed put them on the defensive most of the time. Can you imagine that they did nothing about the FACT that all the 36 state governors signed onto the petroleum subsidy removal in 2011? www.nairaland.com/attachments/2606895_fuelsubsidygovernorssupport2011b_jpeg5c37e0f0eb35bb083e30b935969cd3c6 2 Likes 1 Share |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by saudatu(m): 4:55pm On Oct 23, 2015 |
Ademat7: Ok I will check it out. |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ajepako(f): 4:55pm On Oct 23, 2015 |
SweetSoup: " wise dumbos' everywhere.. Everyone playing Economist! Toast to your ability to ' comprehend' |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ajepako(f): 4:57pm On Oct 23, 2015 |
kaeforum: I will be jealous if I'm male and abooki But I'm neither, thanks |
Re: Nigeria Needs To Devaluate Naira, Ease Dollar Restrictions- Sanusi by ibedun: 4:58pm On Oct 23, 2015 |
chyket: Okay, if we do what you are suggesting then where do we get dollar from if and when our current dollar reserve runs out? Oil price is down and our dollar income has reduced significantly,,,,(Yet) you want us to continue importing like before? And paying foreign suppliers in dollars that we are not making like before. If we run out of dollar the government will have to go to IMF and world bank to borrow at crazy interest rate and inhuman terms and conditions that will impoverish the next 5 generations. Do you people even know what you are talking about? 1 Like |
Looters' List: Stella Oduah Reacts To The Inclusion Of Her Name By Lai Mohammed / Jafar Arrives In Kano To Meet Lawmakers Over Bribery Allegation Against Ganduje / Kebbi Politician Helps To Clear Gutter In His Constituency, Poses For The Camera
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 50 |