Politics aside, economics and finance people what exactly is responsible for this mighty naira crash

g

G

It’s even slow, it should get to #2000

OgbeniOja1:
in house Ekuke is back.

You are calling a nairaland member a dog?

Dominique Justwise Mynd44.
Rule 2.

Yoruba people did not tell us that it was bags of Asiwaju branded rice that the Iragbiji relic used to build Lagos from scratch and tame the Atlantic ocean sha.

In the history of this Nation's existence, the value of the naira has never been this useless. And to think this idiot is supposed to be a Chicago certified First class Accountant and Economist.

Very useless brain-dead animal!

you are quoting me wrongly if you want to call him anything go ahead but pls don't get me involved

NLPoliceWoman:

You are calling a nairaland member a dog?

Dominique Justwise Mynd44.
Rule 2.

Sad

oluwaseyi0:
Politics aside, economics and finance people what exactly is responsible for this mighty naira crash

You can't keep politics aside, the person eye neck put their is the one devaluing the currency with his bad policies.
Election have consequences when you elect people like Nigerian leaders who are dream killers.

Borrow222:
It will get to 2000 by November ending.

Pls someone should help me with anything to feed this morning.
Me and my family needs to put something in our tummy this morning. We are hungry. Pls I'd appreciate any little help.

Opay
8150243461

post=132233751:


Source: https://www.vanguardngr.com/2024/10/naira-under-fresh-pressure-ends-september-at-n1705-in-parallel-market/

Good luck to Yahoo boys

Like the vulture griller moans... from all of them @manna

May calamity befall all those that made our naira toilet paper before our eyes...that rubbished all our hard work and investments in our land. A nobody abroad, will be feeling funky by sending peanuts here, but the peanuts go turn gold here. They made all the citizens of this country look lazy compared to their counterparts in stable countries.

May calamity take hold of them and overrun them, they and their online supporters

That God tinubu appointed only the best of the best SW west can offer the rest of Nigerian are watching them,buhari started the nepotism he failed with his kinsmen , tinubu decided to follow Buhari's footsteps, we don't want later some people will start giving excuses on Tinubu's behalf with statements that starts with if not that Israel attacked Lebanon tinubu would have performed better,tinubu you cried at ogun state that is your turn inec decided to reward you today you don't know what to do with the presidency again

Treadway:
Like the vulture griller moans... from all of them @manna

May calamity befall all those that made our naira toilet paper before our eyes...that rubbished all our hard work and investments in our land. A nobody abroad, will be feeling funky by sending peanuts here, but the peanuts go turn gold here. [/b]They made all the citizens of this country look lazy compared to their counterparts in stable countries.

[b]May calamity take hold of them and overrun them, they and their online supporters

Na this one pain me pass; some folks be feeling funky because they sent $50, which probably is not enough to fill their tank.

What exactly is the good thing about this administration?

designking:
Governors are the major reason the Naira is collapsing. They are converting a major part of their monthly FACC allocation into dollar.

We are currently importing lesser petrol
We are also importing lesser Tokunbo cars
Foreign education funding is on the low
Rice importation is gone....

So what is creating these huge demand on the Naira?

I'm also very surprise. Where's the pressure coming from?

@1672, 1 million naira is approximately $600.

We are not serious in this country.

@MANNABBQGRILL are you not ashamed [b]that the president is only a pupette in the hands of International organisations whose aim is to weaken nations [/b]so nations could be subservient to them?

Nothing concern me but E dey mind

Tinubu is trying let's give him more time

post=132233751:


Source: https://www.vanguardngr.com/2024/10/naira-under-fresh-pressure-ends-september-at-n1705-in-parallel-market/

This is one of the things that always made my anger level to boil beyond 100 degree Celsius when this government says they are carrying out economic reforms that will benefit the masses.
Your policies is making life unbearable for the citizenry and you are calling for patience forever.
Your currency has lost value to the extent that #1000 can no longer buy a cube of sugar.
And you are asking for patience, right?
Kwontinue

THANK YOU JESUS! MY INVESTMENT IS INCREASING! NA ONLY MUMU DEY FORM PATRIOTIC IN T-PAIN'S REGIME.

But naira for crude was supposed to bring down the prices? Voodoo economics by cardi b

post=132233751:


Source: https://www.vanguardngr.com/2024/10/naira-under-fresh-pressure-ends-september-at-n1705-in-parallel-market/

Under pressure

kimono stylee

Chai

Binance oooooo

AbokiForex ooooo

post=132234822:


WHY IS OUR CURRENCY WEAK


A chieftain of the All Progressives Congress (APC), Joe Igbokwe, has again lamented the outcome of the economic policies of the President Ahmed Bola Tinubu+led administration.

Daily Trust reports that this is the third time in weeks that Igbokwe, a Lagos- based south easterner, would criticise the economic interventions of the president.

In early September, the APC chieftain had ranted about the new electricity tariff in the country urging the president to intervene.

In the Facebook post, Igbokwe had pleaded with the president to “please look into the new electricity tariff in Nigeria.

“It will kill businesses if the government does not act as quickly as possible. I have a small office in Surulere with about 7 units of AC.

“We used to buy 300 plus units for N20,0000. Yesterday we bought N20,000 worth of units and it lasted for just one day. They call it band A group. I pray that we review this”, he said.

Last week, he said the fuel crisis has shown that those who would rescue Nigeria have not been born.

But Monday, Igbokwe again returned to Facebook querying while the Nigerian currency is among the weakest in Africa and beyond despite our wealth.

“Please can anybody help me to answer this question? Why is the Nigerian Currency among the weakest in Africa and beyond despite our wealth, size, population, education, material resources, industry, landmass, good weather etc?”, he asked.

His comment has already sparked reactions online with many responders directing him to his “political godfather*.

One of them, Ahmed Anifowoshe, said “I’m sure you should have access to your boss, Mr John Doe, better direct your query to him. He in his wisdom devalued the Naira on the orders of his paymasters the world bank and the IMF.

Another respondent said, “Mr man the answer is simply bad leadership which you have been part of, supporting evil to destroy the country and economy for ur own selfish interest.”

God bless our darling Daddy...Naira is moving forward...we move...

Exceed15:
What exactly is the good thing about this administration?

Nothing

Steep:
@MANNABBQGRILL you are not ashamed [b]that the president is only a pupette in the hands of International organisations whose aim is to weaken nations [/b]so nations could be subservient to them?

All na propaganda and lies to hide the incompetence of African Leaders.

What about those Africans countries that, their currency has more value than the Naria, Is IMF not after them?
Why did buhari not devalue out Naria, is he more powerfull than IMF?

post=132233751:


Source: https://www.vanguardngr.com/2024/10/naira-under-fresh-pressure-ends-september-at-n1705-in-parallel-market/

Cadoso is working
We will learn in hard ways

CEFA IS NOW TRADING AT 300 PER 1,000 NAIRA,SO NO NEED OF ANY PRESSURE OR FORECASTING,LET THEM FIXED IT AT 10,000 NAIRA PER DOLLAR ,SO WE WILL KNOW THE NAIRA IS USELESS AND WORTHLESS.ENOUGH OF THIS RUBBISH.

road to 2k
please this is no longer funny

designking:
Governors are the major reason the Naira is collapsing. They are converting a major part of their monthly FACC allocation into dollar.

We are currently importing lesser petrol
We are also importing lesser Tokunbo cars
Foreign education funding is on the low
Rice importation is gone....

So what is creating these huge demand on the Naira?

You have forgotten how your president was sharing dollars during the presidential elections to buy votes, if he did it before becoming president you think he will change after becoming president? He is directly in charge of the economy and not the Governors, the ball stops on his table.