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President Tinubu And His Policies Devalued Our Naira - Politics - Nairaland

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President Tinubu And His Policies Devalued Our Naira by Ken4Christ: 6:10pm On Jul 30
There is nothing wrong with Nigeria. This country is about the most blessed country in the world. We lack nothing. But our main issue is wrong government policies.

A post I read this morning unveiled how the federal government is probably engaging our naira in both local and international trade.

Concerning international trade, it's an understatement to say that our major source of revenue which is crude oil is sold in dollars. This alone has contributed to the devaluation of naira. This is a common sense. We import in dollars or foreign currencies and also export in dollars. So, it therefore means that is irrelevant in international trade. And as such loses its value.

But what I read this morning reveals the fact that the same thing is happening even in our local trade at government circle. The post says that the federal government has agreed to sell crude oil to Dangote refinery in naira. Why the clause 'in naira'? Was it not supposed to be in naira? It unveils the fact that certain transactions even within the country is probably done in dollars. How can naira appreciate with this kind of policies.

Pressure groups should please rise and force the government to revert this evil policies designed to enrich themselves.

Let's all speak out against this. America wants to control the world economy. Saudi Arabia has stopped selling its crude oil in dollars. This is the root of our economic challenge we are currently faced with.

Please, all well meaning Nigerians should speak up against this evil policies meant to make just a few people rich.

I rest my case.
Re: President Tinubu And His Policies Devalued Our Naira by Chinkoalhaji34: 6:34pm On Jul 30
Naija wey no go fall! Naira go bounce back. Tinubu dey try him best to make things better, no be easy matter. We go see the results soon, just believe!

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Re: President Tinubu And His Policies Devalued Our Naira by Ken4Christ: 6:46pm On Jul 30
Chinkoalhaji34:
Naija wey no go fall! Naira go bounce back. Tinubu dey try him best to make things better, no be easy matter. We go see the results soon, just believe!

He should stop selling our crude in dollars. In addition, he should ensure all our refineries are working.
Re: President Tinubu And His Policies Devalued Our Naira by Xscape1993(m): 7:03pm On Jul 30
The drug master has nothing to offer.

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Re: President Tinubu And His Policies Devalued Our Naira by Medipharm: 7:36pm On Jul 30
Chinkoalhaji34:
Naija wey no go fall! Naira go bounce back. Tinubu dey try him best to make things better, no be easy matter. We go see the results soon, just believe!
Bounce back ke, With these policies on ground? Una go wait tire.
There's no sign anything will get better soon and I know you that, you are just commenting in his favor because you benefit somehow.
With the current Tinubus policies, no Jupiter will reverse petrol cost to 185 naira or Cement to 4k or Naira to 750 Naira. The above are how Tinubu met them.
Nothing except the reversal of those policies will bring those Costs down to former
Re: President Tinubu And His Policies Devalued Our Naira by Salewa97: 7:48pm On Jul 30
Na wa o! This one wey you talk fit confuse person wey no sabi.

If we go back to when we dey complain about Naira, no be Tinubu dey run the show then. E get as e be, but we must recognize say Tinubu don bring some policies wey dey stabilize the economy little by little.

No be magic, but with time, we go see the effect. We fit no agree on everything, but make we no forget say change no dey happen overnight. We go stand by our president as he dey work to fix the issues wey dey affect us.

God bless President Bola Ahmed Tinubu!

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Re: President Tinubu And His Policies Devalued Our Naira by Ken4Christ: 10:26pm On Jul 30
Salewa97:
Na wa o! This one wey you talk fit confuse person wey no sabi.

If we go back to when we dey complain about Naira, no be Tinubu dey run the show then. E get as e be, but we must recognize say Tinubu don bring some policies wey dey stabilize the economy little by little.

No be magic, but with time, we go see the effect. We fit no agree on everything, but make we no forget say change no dey happen overnight. We go stand by our president as he dey work to fix the issues wey dey affect us.

God bless President Bola Ahmed Tinubu!

Are you living in Nigeria? I don't think so. Which policy has he brought to stabilise things? And what is stabilising? Everyday prices of food items keep increasing Some of them within hours. You go in the morning to buy an item. By the time you go back in the evening, the price has changed.

Price increase that hasn't happen in four years is happening in 6 months Please, be objective in your appraisal.

This government should just do what I recommend and the economy will bounce back.
Re: President Tinubu And His Policies Devalued Our Naira by GreenxGreen: 10:46pm On Jul 30
angry

Re: President Tinubu And His Policies Devalued Our Naira by Ken4Christ: 8:08am On Jul 31
How do we expect someone who has physical and mental health challenges to solve the problem of Nigeria? Only God will deliver us from this one chance INEC sold Nigeria and we watched hopelessly.

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