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Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu - Business (2) - Nairaland

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Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by OkCornel(m): 7:12pm On Mar 24
Hmmm, so Tinubu was living in a dream world?

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Omihanifa: 7:12pm On Mar 24
Hmm
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by MightySparrow: 7:14pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wish to return the economy to Buhari era



Tinubu you’ll crumble

Kindred of Misoma Ejikeme. WAEC has blacklisted Abia state for exam malpractices.

Atiku pushed the certificate case, wasting his money for fun. With the American judicial system vindication, you are not satisfied.

Go and hug transformer if you are not pleased with their judgement and testimony of the university he attended.

5 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by wasco70: 7:16pm On Mar 24
Stop telling us it will be impossible, largest amount of our forex goes to pms importation , by the time this stop within this year.
Our country economy will be bounce back , do we noticed immediately the govt paid of the backlogs just last week , we all observe the immediate gain on naira against dollar.

1 Like

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by VinnyBaba: 7:16pm On Mar 24
MasterJayJay:

The economic illiterates are APC supporters who said 216 naira to 1 dollar is very bad, that it should be 1 dollar to 1 naira. These same APC economic illiterates want Tinubu to get Nobel prize for economics because 1 dollar is 1,400 naira.

Very Funny m0rons.😏😌😌

If the Dollars exchange gets to N1000, APC Agbad0rians will call it an Achievement of Tinibu. 😕

2 Likes 2 Shares

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Procashtips(m): 7:17pm On Mar 24
Like Naira wasn't artificially managed during his tenure as Deputy governor of Central Bank.

When they leave government, they all start sounding like saints.

Naira was pegged against dollars during Emefiele's time same as it was pegged during Soludo, Sanusi and others time.

I guess the president's during all these tenures were also illiterates including him Moghalu and his Central Bank boss.
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by phemmie06(m): 7:18pm On Mar 24
It will forever be in our memory that APC met dollar at less than 200 and raised it to 1800 , at least if you can't reduce it to N1 to a $ return the status quo

1 Like 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Tochi360: 7:19pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wish to return the economy to Buhari era



Tinubu you’ll crumble

Hahahaha grin grin
Tinubu don fûck up,how can you even be worse than bubu grin grin

1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Bankkym: 7:19pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Foolish human like you. Buhari didn't leave it anywhere he was borrowing and bailing out the Naira with $1.5b monthly.


Like can’t believe a day will come when we will all be wish to return the economy to Buhari era




Foolish human like you. Buhari didn't leave it anywhere he was borrowing and bailing out the Naira with $1.5b monthly.




Tinubu you’ll crumble
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by yang(m): 7:19pm On Mar 24
Zoo government and propaganda
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Bankkym: 7:19pm On Mar 24
[quote author=Bankkym post=129089201][/quote]





Foolish human like you. Buhari didn't leave it anywhere he was borrowing and bailing out the Naira with $1.5b monthly.

3 Likes

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Funkyswagzz(m): 7:19pm On Mar 24
If it was Peter obi that made this statement you will see how he will be attacked
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by OLOKOESHIN: 7:19pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wish to return the economy to Buhari era



Tinubu you’ll crumble
Your entire generation will crumble

4 Likes

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Konquest: 7:20pm On Mar 24
nlfpmod:


Those who want the Naira to be N400 to the $ are living in a dream world. Even discounting for the negative impact of speculative attacks on the value of the Naira, the exchange rate will (and should) reflect its market value in reality, not the artificiality that the Emefiele era central bank sought to maintain to please economic illiterates in political power at the time.

That artificiality created room for massive arbitrage by speculators which bled the economy. Nigeria does not (yet) have a productive export economy. That’s the heart of the matter.

And we do not have $100 billion in foreign reserves. So on what basis would the Naira forex rate return to some fantasy land soon? It will also take time to regain or achieve full investor confidence such as we had when we were there (and the rate was N150-165 to the $ 😀).

The sooner we focus on a painstaking creation of vale-added manufacturing export economy that earns forex beyond oil in real and significant terms, the better. Key to this is the electricity conundrum in which we are at less that 4,000 megawatts of generation for a population of 200 million for decades now. Take power to even 20K megawatts (let’s not talk of 50K for South Africa’s 60 million population or Brazil’s 181K megawatts for a population only slightly larger than Nigeria) and you will see what the Nigerian entrepreneurial spirit is capable of.

Kingsley Moghalu OON
Smackdown!
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by snipernigga(m): 7:21pm On Mar 24
Dreams can come true you know you got to have hope, you know you got to be strong
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by JuanDeDios: 7:25pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wish to return the economy to Buhari era



Tinubu you’ll crumble
If you're still saying the bolded, you don't get it. You should re-read what Mr Moghalu has written.

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by reciprokal: 7:26pm On Mar 24
Moghalu like Remo Omokri should not be taken seriously. They are looking for favours and appointments from the Tinubu administration, they are the apprentice of what Fani Kayode had mastered
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Goodnewsforlife: 7:26pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wish to return the economy to Buhari era



Tinubu you’ll crumble
see fool

U are saying tinubu will crumble as if he has a problem when 1 dollar is 10000 naira

U don’t know if tinubu crumble it will not affect him but u n me

When president fails their families still live in luxury but d foolish u believe tinubu will fail n will not have money to buy a bag of rice

Hate is making u mad

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by mightyhazel: 7:28pm On Mar 24
Agbadorians,use this one hol body grin
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Blazetrailer: 7:29pm On Mar 24
Olodo!...the currency is not fully floated...it is still managed according to world bank. Borrowing to defend a currency is not floating because it is not sustainable




Jagabanbattle:
One slowpoke up there said “All we’re saying is he should return it to where Buhari left it”.

Like where Buhari left it was better than now. Tinubu has surpassed Buhari's entire 8yrs by floating our exchange rate and removing subsidy without the country collapsing.

Even Buhari publicly keep saying Nigeria will collapse with floating our exchange rate and removing subsidy. Here we are.
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by ogbe88(m): 7:30pm On Mar 24
OLOKOESHIN:

Your entire generation will crumble
Yelobus again.
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by AuwalYusuf812(m): 7:35pm On Mar 24
Is possible if only Tinubu can shift for soldiers to teach him how to rule torr
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by God2man2again(m): 7:39pm On Mar 24
You are a Nigerian, yet you are cursing your own President that he will crumble, where will you be when it crumbles?

We are all in it together, let's be positive and hope for the best.

1 Like 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by NuCypher: 7:39pm On Mar 24
nlfpmod:


Kingsley Moghalu OON

Why is this one talking like the naira wasn't also subsidized while they were there and it was 150 naira to a dollar? The naira has always been subsidized, and even now that's still the case. Letting the naira float freely takes it beyond 2000 naira to a dollar in this economy that is crassly non-productive, exploitative and corrupt. The naira has never had much value, not since the 80's at least.
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Ofunaofu: 7:40pm On Mar 24
Massiveglory:
It is so shameful to see that in the midst of a collasped economy and very high cost of goods ,services and commodities, What tinubu and his team spend time on is to throw useless propangandas of praising and hailing failures and cluesss entities for 1 dollar to 1400.
Buhari who we thought was the most clueless Nigeria ever had left at 700 to a dollar.
It is about 1400 to a dollar and people who say they are humans donate themselves to be used to promote cluessness and failures.

Tinubu is a disaster.

Tinubu, agbadorians and Bulabans are the worst set of homosapiens to have ever emerge on the surface of this planet earth
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Donaldoni: 7:40pm On Mar 24
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era



Tinubu you’ll crumble



You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

It is you and family that will crumble.

God forbid that we return to the Buhari era angry

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Donaldoni: 7:42pm On Mar 24
Piigggss will comment without reading the post.

Buhari ruined the economy. How could the official and parallel market be so far apart

3 Likes

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Easy6597: 7:43pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era



Tinubu you’ll crumble



You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large
Economic illiterate sported 👌👌👌

3 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by jenniferedet00(f): 7:43pm On Mar 24
We know

Check my signature to participate in SMM training
Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Jayhome24: 7:45pm On Mar 24
Arobaga:
Nobody is expecting Tinubu the certificate forger to bring naira down to N400




All we’re saying is he should return it to where Buhari left it



Like can’t believe a day will come when we will all be wishing to return the economy to Buhari era



Tinubu you’ll crumble



You’ll go down the history of Nigeria as the worst thing that has ever happened to Africa at large

It is him again.

Oya tell obi to release his University degree certificate we wan check something because we realised only Gringory UNN egree certificate carried Sunday date I don't know where Uni issued cert on Sunday. There are more oo just opening the lid by the time I fully open it shame go catch you.

Tell my party flagbater Atiku to also release his on certificate we want check all.

I'm telling you go and look for work you are *going gone* like play like play....

Bia, when dollar was N180 can you be bold as a lousy man to list 5 things you achieved during that time?

2 Likes 1 Share

Re: Those Who Want Naira To Be ₦400 To Dollar Are Living In A Dream World - Moghalu by Lifemanage: 7:47pm On Mar 24
I personally have no belief in book school trained economists, they know nothing

1 Like

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