Ok

Who cares? Nigerians are hungry and desperate

Nigerian Politicians will be shocked with what is coming.

In the history of politics and leadership... hunger is one tool that can destabilize any government. The fools in Aso Rock have no clue

TINUBU MUST IMMEDIATELY PEG OFFICIAL RATE AT 850NGN/ USD

THIS IS THE ONLY SOLUTION IN THE IMMEDIATE TERM. ELSE NIGERIANS WILL BESIEGE ASO ROCK IN FEW WEEKS... The hunger is unbearable

LONG TERM PLAN IS TO PROVIDE CONSTANT ELECTRICITY AND ENCOURAGE LOCAL MANUFACTURING

Peter Obi giving it to them hot hot. This is the one-man opposition Nigeria never bargained for.

People like Reno will have no audience in any serious nation. He is always on the side of the oppressor and has never meant well... only thinks with his tiny belly

Ghanaian President will never sign the bill into law. Ghana's debt burden is horrible and their economy is in tatters.

The Anarchy is inevitable.

Nigerian.... You must fight for your lives or you will all die. Tinubu and his gang do not care one bit

All the indicators for anarchy and eventual revolution are precipitating.

When the timing is right, only a minor trigger is sufficient to set in motion actions that will bring Nigeria to a halt.

Nigerians must fight for their lives or they all die

adamusuleiman2:
Like play, the naira is fighting back ooo. Even I am shocked.

Max - 1 month from now, 1USD will exchange for more than 1800.

The root cause of the naira devaluation has not been touched at all. This symptom treatment ain’t sustainable

Even the presidency and the governors don’t trust the naira and that is why they convert their allocations to USD monthly.

Unfortunately, The hasty policies of the Tinubu government with naira floating exposed the currency for what it is.

These knee jerk policies are not sustainable, naira will continue to plummet until Nigeria turns to production from consumption, reduce imports and increase exports. At the heart of a sustainable naira is constant power supply for manufacturing.

Nigerians have seen enough not to trust the naira under this government. Folks will continue to safeguard their earnings in other trusted currencies than the naira

You can be sure the accused is guilty of about ten times the crime.

Nigeria is at a dead end, the people, the mindset, the desperation thoroughly damaged.

The outlook for the future is catastrophic.

Even if USD stops at 1400 naira without further increase, many will die of hunger and abject poverty in few months or years.

SeaTrade:
There are people making money faster than the currency depreciates,you just never know.

Yeah… there are trains that run faster in the air, you just never know

SeaTrade:
10 years down the line If we end up together,she's gonna thank me for saying No.
There's some trajectory you'd be on and you stop getting excited and be very logical/realistic.
It's hard to see anyone on my path that leaves all that for nothingness so yeah,you don't know people like me.

For reference : https://dailytrust.com/naira-crashes-to-all-time-low-hits-n1043-09-1-at-official-market/

Your best efforts in Nigeria will be ridiculed by factors beyond your control.

In about 2 years, 1USD will equal 6,000 naira. It does not matter how much effort you put in, it will amount to nothing.

Nigeria is at a dead end and unfortunately there is nothing you can do about it.

SeaTrade:
I found out that people are doing this not for any other reason but simply because others are doing it.
I'd elaborate,
So my date recently start to dey tell me make we japa,
Why?
Because her brother abroad simply told her there's a lot of money where he is.
She want abandon all she's worked for here,a job that pays N20m PA and carry all her savings invest in wild goose chase and is seriously lobbying me to go with her.
Omo I first dey reason am ooo,but with all what we're doing?No abeg.
As I tell her say I no follow,the moral she had Don die finish and she just dey hang face for me
Make I leave all my work go enter school dey do odd job,hoping for a miracle.
Now imagine if I'm not a logical person that also believe in that their thing?
I Don join the stats be that na.
90% of all japarians combined will end up in warehouses and their biggest prospects na registered nurse,wetin be that?Na so good life and future for my unborn kids dey be?
Foolish people

Your analogy is shallow. Your babe is a wise woman.

10yrs down the line, you will be full of regrets.

Folks who have attained what your pursue in multiple factors have either left of or moved their families. You ain’t the smartest

The oppressor is luring the oppressed to stay available for oppression infinitum

Anyone with half a brain will know Nigeria is at a dead end. Nothing good can come out this enclave filled with a thoroughly damaged people

donmaxman:
Hoarding Dollars. by donmaxman: 6:51am
You know nothing about exchange rate. This will not stand the test of time. Imagine borrowing 10 billion dollars to salvage the naira. What happens after the money finishes? The debt would have to be paid back with interest in dollars. The only sustainable way to grow the naira value is by production and not by voodo economics or by foreign direct inflow. FDI is almost zero for now. No investor takes Nigeria serious anymore. The currency is unpredictable. The diaspora remittances that use to come through western union and money gram and prop up the naira has dried up because the Nigerian banks were taking our dollars and giving our family naira at CBN fixed route. Now no one routes money through that means instead foreign apps collect the forex and credit your naira account from their Nigerian account at the black rates shutting out CBN and making Nigeria lose completely. Emfiele realized this and tried to attract the diaspora earnings but the damage and trust has been broken forever and this heavily impacted on the naira value. Nigeria will have to fork out more dollars in the future to pay the 51 billion dollars foreign debt. Don't be fooled by this gimmick, the foreign reserves have been depleted. Crude oil earnings have depleted. Nigeria is competing in the same market with the USA and Canada to sell crude. Most of us in the diaspora are thinking of selling off our investment in Nigeria and repatriating the funds to safer clime because we know your naira is useless. Imagine a former president printing 72 trillion naira without national assembly approval and without consequences . Can you invest in that kind of country? Bro forget naira is almost toilet paper or monopoly money. No body that is wise stores his wealth in naira. Pressure for forex is far more than the income. My only regret was even having some of pension and assets in naira. Forget Naira!!!

This is the exact reason I said Nigeria is a dead country. Any sane brain will ask what has changed and how sustainable it is but docile brains like the OP will only sleep on logic.

Maximum of two weeks and the 10bn USD will be mopped up and naira will hit 1500 while we wait for the next intervention. Dead nation!!

Believe these rubbish at your own peril. Nigeria is at a dead end. Only true solutions can save Nigeria now not propaganda.

Increase export and reduce import. Support local manufacturing and fix power sector. Any other talk na balderdash

This has to be the most clueless president ever globally.

How else can one explain this failure of a man after putting the largest assembly of the black race through intense pains

nairalandkachy1:


https://twitter.com/PeterObi/status/1690625035671601152?t=Cl-0vLS4c4BnI1DU3QPXGA&s=19

Great guy any day

1. 1Q23 was still Buhari's government

2. Its common sense to know that no serious portfolio will invest in Nigeria at the moment because of the forex instability and economic uncertainties with the current FG policies.

3. The anticipated stabilization of the naira with free floating has backfired because the demand outweighed supply. CBN is currently urging IOCs to sell to banks to aid supply ..... unfortunately that will be insufficient. The Naira devaluation will continue until CBN finally intervenes with halting the free floating. Dont argue .... just keep watching

Let’s continue playing ethnoreligious politics and deceiving ourselves. The world ain’t waiting, Nigerians are a thoroughly damaged people gloating in hypocrisy

DeeBaDan:



I have. I have run many infact my core specialty used to be setting up businesses for people from scratch and get paid for my services after building it. But after people don't pay for my services, I stopped.


There are many businesses that would yield 300% anually find a business consultant, you'll be adviced based in factors like risk exposure, interests, capital etc


I'm not asking for this o before the evil people on this forum will come with their toxicness. Businesses dey naija Wella. That's why I didn't port

You’ve said nothing. Just let it be but your info is false.

DeeBaDan:



I keep asking why people would have to spend 10M Naira just to travel out when they can setup businesses with that figure and fork out up to 30M annually on a 10M investment.

It's the mentality, people don't want to invest in their country, but prefer to splash it on frivolous travel trips

Can you share just one opportunity that yields 30m from 10m annually

Have you successfully ran a business in Nigeria before?

There is no peace without Justice.

Let the poor breeeef

fourboys:
Removing subsidy is good... But tinubu did it without plan

What plan do you guys keep talking about?, they should tackle corruption around the subsidy and let the subsidy be. That is the one of the very few things the masses enjoy in Nigeria. Even developed nations subsidize important sectors of their economy.

Subsidy is not a burden if they subsidize the nation's true consumption. That money for palliative should be used for the true subsidy.

NLC needs to step up for helpless Nigerians

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs

NLC must help Nigerians hold their leaders accountable

IconicR:
The subsidy removal is a good thing but not so good if you didn't provide a palliative before taking such bold action that'll majorly affect the average Nigerians.

What palliative do you guys keep talking about?, they should tackle corruption around the subsidy and let the subsidy be. That is the one of the very few things the masses enjoy in Nigeria. Even developed nations subsidize important sectors of their economy.

Subsidy is not a burden if they subsidize the nation's true consumption. That money for palliative should be used for the true subsidy.

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs

NLC must help Nigerians hold their leaders accountable

Dont say

This is just Fraud without end. Instead of Tinubu to go after these criminals, the already poor Nigerians are made to pay for the sins of these politicians.

While the EU tells us what we already knew, We welcome the enemies of Nigeria to attack EU as usual

And lest we forget

1. FG to tax market traders and informal sector (Lagos agbero goes national)
2. FG to extract annual payment for car proof of ownership
3. 7.5% VAT on diesel implemented
4. Fuel subsidy removed; Fuel price to sell for over 700 naira per liter
5. FG to tax carbonated drinks
6. Inflation at a high; hyperinflation projected
7. Electricity tariff hiked
8. Funding for tertiary education removed, University tuition increased to 300K+
9. Naira devalued and continues to lose value on all fronts
10. Seaport Terminal Operators Jack Up Cargo Handling Charges By 45%
11. Naira Devaluation Pushes Up Vehicles Duties By 40%
12. Bread Producers Serve Notice Of Imminent Hike In Prices
13. Same old politicians lined up to continue the looting
14. ABSOLUTELY NOTHING HAS BEEN DONE TO HELP SUFFERING NIGERIANS

Meanwhile
15. FG Votes ₦24 Billion For 10th NASS Members’ Accommodation
16. Elected Politicians, Judges Set To Get 114% Salary Raise
17. Sacked service chiefs offered luxurious retirement package and SUVs