EgunMogaji:


You're a true Nigerian, a scholar and a gentleman.

Sometimes I get sad that I share the same nationality with some Nairalanders.

This is such a simple economic thing to see.

EgunMogaji:
It simply won't work.

At some point the well that they're getting the dollars from will run dry because we know that we're not earning nearly enough in exports.

+++++++++++

FTC Numero Dos.

Muy caliente cabron y cabrones

EgunMogaji:



[s]Love your sigline, it's the best thing to do when nothing intelligent can be formed in response[/s]

NaijaEarnOnline:


So what do you propose they do, fold their hands and let speculators keep weakening the naira. The high cost of goods in the market is as a result of this high exchange rate. At least CBN wants to reduce the pressure on the black market to strengthen the naira in the black market.

adeoba2008:


In your mind?

MosD:
This CBN tactics in my opinion would have been perfect if factor like Dangote refinery has started functioning and our refined oil import has drastically reduced. But as it stands presently, our hope practically hangs on oil price and niger delta militant. God help Nigeria

EgunMogaji:


Not only are you a failure in economics but you also woefully fail English too

PS: You really need to get your mind into the A game if you want to banter with me. My intentional freudian slip threw you for a loop. Such a simple thing to do. But here's where we are when the colleges are on strike every other month.

Businessideas:

I am not sure your pessimism allowed you to give a honest view. With our daily oil output of over 2.1m barrels of oil (fetching Nigeria a whopping over $50m dollars daily!) and rising non oil exports from recent data, sustained anti-corruption fight in public finance, you will soon realize what terrible fate await you if you are one of the unpatriotic speculators.
Government is clearly not sleeping with it's eyes closed and when the full reality of what Kemi Adeosun said last year hits some of the speculators,they will consider suicide or declare bankruptcy.

Nellybii:


See you.
You want to bring economic sense into Nigerian situation?? You are a learner!!! Haven't you heard that the Nigerian economy has always defiled any logical reasoning?
Talking about those economic theories you now curdle so much, has any of them considered looting? Has any of them considered people keeping money inside suckaways?. My guy, Nigeria situation is a strange one that doesn't follow any logical pattern. So we tackle it with strange measures too.
Get it??

SalamRushdie:


Very shallow post

orjikuramo:
Oh, should be "an s" cos of the sound right, thanks for the correction, no one is an island of wisdom but Mr ITK, I still insist you will be easily floored in a debate as you always attack people's person without making your point clear.

Gentle2015:


It won't just work my brother. Saving the naira is just a temporary measure. We need to strengthens the naira and not to save. Don't argue with me because it will clearly shows your incompetence

Businessideas:

Seriously you can do better Mr Armchair Critic

EgunMogaji:


I can't actually attack a person because we're in a virtual world online. I can debate a point that I find invalid though

Anyways, it's not my job to educate you. Others got my point clearly but unfortunately, I can't write gibberish that someone of your level can understand.

Businessideas:

You are clearly incompetent if you can't comprehend those four major factors I mentioned in this order:
1.Rising oil output and sales.
2. Rising non oil sector export forex earnings.
3. Transparency and honest management of public finance.
4. The apparent political will to fight and defeat these unpatriotic speculators.

SalamRushdie:


The fact you ascribe to reasoning tha suggest the govt of a country that is heavily import dependent with no hope of turning the tables soon due to poor vision , lack of infrastructure and poor electricity generation - the fact you ascribe to reason that support such a govt continue funneling scarce resources needed in other sector just to give the naira a cosmetic value shows poor judgement on your part and smacks of a shallow thought process which is exactly what Buhari is suffering from ( please no insults intended toward you or Buhari )

Gentle2015:



Sorry but seriously you sound more stupid than your post. Rising non oil sector export forex earnings? I won't argue with you my dear. I clearly know that you are a kid who knows nothing but copy and paste. Please let it go

orjikuramo:
Smiles, I knew u were gaan run in the end, that's what you ITKs do. Either you've been typing without thinking or someone has been doing your typing before now, it's easy to know you are only good at attacking people n not stating your point clearly.

Do the needful. When u wake up every morning, drink water and tell yourself "today, I must make the world a better place and treat everyone I meet, be it online or offline, with respect.

It helps sir.
Have a great day.

Businessideas:

Really If you spend half of your time to think critically,you will develop better mentally. Do it now that you are still young so you won't end up miserably like your uncles

EgunMogaji:


You're such a sour looser. How do you walk without tripping all over yourself?

For sure I'll have a wonderful day but first I ned to get a very god nights rest as it's 1130PM here

orjikuramo:
Lolz, hahahahahahaha, now I see.
Oh my God! I can't even stop laughing now...

Chill! U are even among those Nigerians that once they travel abroad, they see the nation and those still with her as inferior. Oh my!

Now, I sincerely understand.

Anyway, have a good rest but be rest assured that we still have intelligent people staying back to develop the nation.

EgunMogaji:


Thank you Sir, it's simple really.

buchilino:


B4 D END OF D YEAR DOSE CUCUMBERS WILL UNDERSTAND WAT UR SAYING. NO NEED ARGUING SO MUCH.

EgunMogaji:


You can't actually see me but I think I understand your colloquial intention.

Nigeria is not as unique as you lot wants to make it. Economics 101 is a basic premise that works all over the world.

Nigeria doesn't hold the patent on thieving leaders. Nothing that was done in Nigeria is unique.

You can cry yourself to sleep thinking you live in a unique country but you don't. Nigeria needs sensible leaders with sensible plans to pull her out of her sleepless slumber. Unfortunately, that won't happen if you lot jubilate and chant when they use a finger to plug a leaky dam

Businessideas:

Really If you spend half of your time to think critically,you will develop better mentally. Do it now that you are still young so you won't end up miserably like your uncles

EgunMogaji:

Businessideas: :

I am not sure your pessimism allowed you to give a honest view. With our daily oil output of over 2.1m barrels of oil and rising exports from recent data, sustained anticorrosion fight in public finance, you will soon realize what terrible fate await you if you are one of the unpatriotic speculators.
Government is clearly not sleeping with it's eyes closed and when the full reality of what Kemi Adeosun said last year hits some of the speculators,they will consider suicide or declare bankruptcy.

It's my opinion.

Trust me, my fate is bountiful riches because I don't depend on one economy. 2.1m barrels at destitute price?

I have empathy for you though as you're unable to reason intelligently in a debate, at least in a financial sense. Too bad.

orjikuramo:

EgunMogaji: :


It's my opinion.

Trust me, my fate is bountiful riches because I don't depend on one economy. 2.1m barrels at destitute price? grin

I have empathy for you though as you're unable to reason intelligently in a debate, at least in a financial sense. Too bad.

U are the one that lack intelligence in expressing your opinion. except where he mentioned unpatriotic speculators(which is clearly how anyone who states what u did, would be labelled) he never threw a disrespectful jab at your person but there you are, attacking his state of thought.

M certain he would floor you in a debate cos he was clear n concise with his view while you took the easy way of trying to intimidate his person.

It's my opinion

EgunMogaji:


Nope, you have no way of knowing what research I did.

The policy simply won't work, hence why the naira falls shortly after they pump dollar into the economy in a lame duck manner.

EgunMogaji:


It's my opinion.

Trust me, my fate is bountiful riches because I don't depend on one economy. 2.1m barrels at destitute price?

I have empathy for you though as you're unable to reason intelligently in a debate, at least in a financial sense. Too bad.