Stats: 3,184,210 members, 7,923,070 topics. Date: Friday, 16 August 2024 at 06:02 PM |
Nairaland Forum / Nairaland / General / Politics / $1 = N925, Please Let Naira Breathe (983 Views)
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$1 = N925, Please Let Naira Breathe by Validated: 4:36am On Aug 24, 2023 |
As $1 is now approaching N1000, what is the mechanic in CBN still doing in office? Where is the $3billion they borrowed to defend the naira? All those who were calling GEJ clueless have become catastrophic in government. 13 Likes 2 Shares |
Re: $1 = N925, Please Let Naira Breathe by DeLaRue: 5:08am On Aug 24, 2023 |
If Nigerians went about their normal business focusing on the own currency like most countries ' citizens do, naira will not be where it is now. You wake up, you monitor dollar value. You're at work, you monitor dollar value. You're chilling with friends, you yarn about the dollar. Citizens should be productive to boost economic growth. No, many see selfish trading and profiting from trading dollar as good business. Zambians, Senegalese, Ugandans, Indians, Brazilians don't spend every minute of their lives monitoring and coveting the value of another country's currency and they're ok. People think the government can wave a magic wand and naira will increase in value, when a big part of the problem is Nigerians speculating and buying more & more dollars for no particular productive reason. 99.9% of Americans have never heard of the naira and don't care. Yet many Nigerians are obsessed with America's currency to the detriment of their own currency. People should continue. 7 Likes 1 Share |
Re: $1 = N925, Please Let Naira Breathe by DeLaRue: 5:19am On Aug 24, 2023 |
Validated: Nigeria earned so much money from crude oil during his regime (the highest to date) , if he had managed it well we would not be where we are today. The money was mostly stolen under his watch. We are still reading about Deziani's loot today. Any suggestion that Mr Jonathan was a competent leader is laughable. Mr Buhari came and overborrowed, and over subsidised the economy to the point of near bankruptcy. To think that Nigeria 's net foreign reserve is only around $3 billion after over 50 years of crude oil sales is shocking. Against that shocking backdrop, the current government doesn't even have the resources to defend the naira. Naira could fall a lot further. |
Re: $1 = N925, Please Let Naira Breathe by MrsTwrite(f): 5:22am On Aug 24, 2023 |
Good morning everyone. $1 will soon be N1000 Nigeria No Work! |
Re: $1 = N925, Please Let Naira Breathe by Mossadd: 6:09am On Aug 24, 2023 |
DeLaRue:rubbish 8 Likes |
Re: $1 = N925, Please Let Naira Breathe by Tohsynetita1: 6:33am On Aug 24, 2023 |
DeLaRue:why won't they monitor it ? when cost of living increase daily. 4 Likes 1 Share |
Re: $1 = N925, Please Let Naira Breathe by jegaxe(m): 6:52am On Aug 24, 2023 |
DeLaRue:even next 25 yrs to come you will still blame gej. The this show the Buhari regime and this regime has nothing to offer rather empty promise. 6 Likes |
Re: $1 = N925, Please Let Naira Breathe by 22o62021: 7:10am On Aug 24, 2023 |
I went to buy phones yesterday and they said the price has increased by 30-40%. Because of dollar exchange rate |
Re: $1 = N925, Please Let Naira Breathe by ambale(m): 7:29am On Aug 24, 2023 |
DeLaRue: So na the monitoring makes our currency weak? Agba economist, you go explain tire😃 8 Likes 1 Share |
Re: $1 = N925, Please Let Naira Breathe by nnamdi640: 7:41am On Aug 24, 2023 |
MrsTwrite:Am seeing it going to #2000, Tinubu has nothing to offer, am sure that himself knows that the issue at hand is greater than him. This as a result of electing a bad leader 3 Likes |
Re: $1 = N925, Please Let Naira Breathe by MrsTwrite(f): 7:51am On Aug 24, 2023 |
nnamdi640: You're absolutely correct bro. 3 Likes |
Re: $1 = N925, Please Let Naira Breathe by DanielsParker(m): 7:52am On Aug 24, 2023 |
nnamdi640: He has no plans whatsoever. He believes a kingmaker should be king too. It’s his turn to rule Nigeria and that’s it. We’re in for a rough ride.. 1 Like 1 Share |
Re: $1 = N925, Please Let Naira Breathe by SalamRushdie: 7:53am On Aug 24, 2023 |
APC is filled with dullards who think they are wise ..... Nigeria your Greatest mistake was kicking PDP out |
Re: $1 = N925, Please Let Naira Breathe by easzypeaszy(m): 7:53am On Aug 24, 2023 |
Huge lies.. Frm my ENaira wallets it's 776 1 Like |
Re: $1 = N925, Please Let Naira Breathe by Dreamhighnow(m): 7:56am On Aug 24, 2023 |
DeLaRue: Your brain is roasted obviously 2 Likes 1 Share |
Re: $1 = N925, Please Let Naira Breathe by orisa37: 9:37am On Aug 24, 2023 |
SS SOMETHING SMELLS. |
Re: $1 = N925, Please Let Naira Breathe by orisa37: 9:42am On Aug 24, 2023 |
Dreamhighnow: They are roasting my brain without Care. |
Re: $1 = N925, Please Let Naira Breathe by CodeTemplar: 10:10am On Aug 24, 2023 |
DeLaRue:After 8 years, GEJ is still your own focus. Irredeemable you are. If APC had diversified will you Ned to compare oil earning under GEJ vs APC? APC only diversified terrorism and hardship. |
Re: $1 = N925, Please Let Naira Breathe by Free2Fly: 10:15am On Aug 24, 2023 |
DeLaRue: Very stupid supporter of a clueless criminal You hailed your useless drugbag when he ignorantly and arrogantly floated the naira that was being heavily defended and told us how the move would bring down the exchange rate, but now, having seen opposite, you've shifted to blaming innocent Nigerians for lamenting about the problems you guys caused Don't you know a lot of things in Nigeria are influenced by the exchange rate, as we don't produce anything, unlike the countries you cited above?? |
Re: $1 = N925, Please Let Naira Breathe by CodeTemplar: 10:20am On Aug 24, 2023 |
ambale:Dont mind that APC agent. There is a reason people prefer importation than trying to produce locally. Farmer are kidnapped and extrorted. Industrialist too. SMEs too and public servants too, so who want to attract kidnappers when there is no security. It is better to hold you portable dollar, import with it and make some profit. |
Re: $1 = N925, Please Let Naira Breathe by Whois(m): 11:01am On Aug 24, 2023 |
According to Tinubu's economics, this is the rate of dollar to naira a minute ago.
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Re: $1 = N925, Please Let Naira Breathe by ChronicGp(m): 11:07am On Aug 24, 2023 |
I Love this😁😘 Make e reach 2k 1 Like |
Re: $1 = N925, Please Let Naira Breathe by Validated: 11:15am On Aug 24, 2023 |
easzypeaszy: Keep enjoying it now... Dangote of Osun |
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