Josephjnr:
"Civility is an illusion, savagery is the default state of humanity"

Angelb4:
I'm an Ibo,
Magu should jail Ekweremadu

Magu should jail Fani Kayode

Magu should jail Godswill Akpabio

Magu should jail Markarffi for flouting court orders, Sheriff is our Chairman

Magu should jail Emmanuel Uduagha

Magu should not jail Namadi Sambo,
he has already jailed himself.
He was invisible as Vice President, he has now become a ghost since leaving office.

jomoh:


You're the one who obviously needs a lesson on economics.

The government has placed ban on purchase of unnecessary items reducing the demand for dollars to purchase them invariably increasing the supply of dollars.

The government has made sure all credit/debit cards with accounts domiciled in the country cannot spend more than the amount stipulated when used out side the country. This will reduce the amount of dollars leaving the Nigerian economy invariably increasing the supply of dollars.

The CBN has refused to effect foreign transfers from account that has no BVN. Most politicians who does not want to be directly linked to the money in the dollar accounts of companies they used to front for syphoning money would find it hard to transfer their money that are in dollars. They will be forced to sell the dollars in their account or allow it to remain their and eventually loose value. Either way the dollars for supply in the economy increases. The only other option is, they withdraw the dollars and smuggle it out of the country but they risk being caught. The one in Naira account too will not be able to be transferred reducing the demand for dollars and invariably increasing its supply.

All the above policies ensures that the demand for dollars is drastically reduced and eventually when supply finally starts to outstrip dollars Naira will gain tremendously. Though not totally enough but it go a long way to reduce the tension on dollars.

Here are some other areas that can affect the demand and supply of dollars(not exclusive)

Foreign reserve
It is on the increase which will also increase the supply of dollars Nigeria have.

Resumption of refineries
The resumption of refineries will reduce the demand for dollars to purchase refined crude oil from foreign countries and on the flip side supply of dollars for necessary transactions will increase.

Ban on Nigerias beans and other export to europe
This will have negative effect on the Naira unless the FG does something about it real quick because it will reduce Nigerias foreign receipt of dollar thereby reducing the dollar supply to the economy.

So far the economy is on its way to recovery. Thanks to PMB.

princdebola201:
IT began as an innocent question but soon degenerated
into a heated argument. And what is this question, one
might? Between Lagos and Ogun, which has more
industries? The Lagos fans would not imagine any state in
the country taking the lead in terms of commerce and
industrialisation. They were ready to put their last kobo on the line.

Nairalanders which of these two states has more Industries..?

PassingShot:
Change may be slow because it has to be gradual. But it is assured!

God bless PMB/PYO!

ocelot2006:
Brunel University

ocelot2006:
That's my uni

jcross19:
that's I said you are educated illiterate!!!!! If you don't know even that boxer you wear now was made in southeast, that suitcase inside your room at the corner, the one use to pack all your cloths was made and bought from southeast. After lagos with respect no any southwest state that can withstand southeast states in terms of industrialisation. In southeast do you know how many places they coupling vehicles? Huh, motorcycles and.....well.

cmt1:
RIP

watered:
I lack what to say