Stats: 3,177,822 members, 7,902,625 topics. Date: Saturday, 27 July 2024 at 01:26 PM |
Nairaland Forum / Itokam's Profile / Itokam's Posts
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Please let me explain to those of us who don't understand Economic terms. Dollar has not increased since Buhari became president. 1. Dollar is not our currency so dollar should not be our business. 2. Our problem is not d government but our problem is our importers and consumers. 3. Naira has remained at 197 naira to 1 dollar since Buhari became president. 4. Buhari has promised not to devalue the Naira and he has maintained that promise. 5. Both at CBN and at interbank rates, dollar has remained 197. 6. However because we are too lazy to produce what we use in Nigeria we import even toothpicks and matches. 7. Buhari does not like d importation of luxury goods because luxury goods is d reason for most corruption, that is why he banned 41 products from having access to forex. 8. However when Nigerian importers insisted on importing those 41 products, FG asked them to find their dollar at d BDCs parallel market also known as black market. 9. And to discourage the pressure Nigerians are mounting on the Naira just to get dollars for importation, CBN banned DMBs from selling dollars to BDCs. 10. To survive the pressure of excess dollar demands, BDCs resorted to sourcing for dollars from neighbouring countries through illicit money laundering routes. 11. Because of the risks faced by BDCs to source for dollars, and because of the increase in demand for dollars by importers because China just resumed from their business holidays, BDCs keep increasing the price at which they exchange dollars to naira and now it is 400 naira to 1 dollars. 12. However that does not mean that govt has changed the exchange rate because if our genuine importers go to CBN and fill Form M to import raw materials for local production, they will get dollars at 197 naira each. 13. So the problem is that we love to consume luxury foreign products yet we are too lazy to manufacture them here. 14. For example u will see a dull girl using iPhone 5 without even knowing simple physics and computer engineering part of how that phone was produced. 15. I want Buhari to ban every foreign product from Nigeria until Nigerians learn to produce and use Made in Nigeria products. 16. Let us stop complaining about dollar as if dollar has become Nigeria's currency. 17. It is even bad enough that most of those complaining about the high exchange rate of dollar do not have 1 single dollar in their purse. PLEASE USE MADE IN NIGERIA PRODUCTS... God bless 9ja. Like & Comment if you wish Nigeria well Share if you love Nigeria ! |
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ck OUT the most HILARIOUS: 1. If your woman catches you looking at another woman, turn to her and say "sweetheart, I’m glad you don’t dress like that.” 2. Nigerian parents are confused. They'll beat their kids with the intent of making them cry and then start beating them again to stop them from crying. 3. Guys, When A Girl Say You Are The BEST MAN In Her Life, Don't Be Surprised To See Yourself Standing Beside Her Husband On Her Wedding Day. 4. The downfall of A Man is when he Moves From BBM to 2go. 5. Guys always complaining about girls that are looking for Rich men, you sef hustle and be a rich man let girls find you too. 6. Very soon mtn will be Like Do you know there are people in your village that don't want you to succeed? Quickly text "thunder fire them"to 33505. 7. if your boyfriend is like 10 years older than u, just stop calling him baby. and start calling him: Uncle Bae, Brother Boo, Sir Baby 8. It is only in Nigeria that you'll see a notice board say "man wanted with 40 Years experience, must be aged 25. 9. Being a good person is like being a goal keeper, no matter how many goals u Save...People will only remember the ones You missed. 10. India has never been to the World Cup because FIFA won't allow them sing and dance for 20 minutes after every goal. 11. Girls please Your boyfriend should not be your source of income everyday. Cos it's only a relationship, not a job opportunity. 12. someone will just die with an Afro in Nigeria movie and his spirit will come back with a low cut. So Barbing salon dey that side? 13. Strangling your wife for making indomie as dinner is not domestic violence, it is self- defense. 14. How Can You Chase a GIRL for 4 Years. Is she your University Degree? 15. New ways of crossing roads in Nigeria, check sideways 4 motors, & look up 4 plane-crash, & look down 4 bomb, & look back 4 kidnap, and now run zig~zig 2 dodge bullets. ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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I hate it! I saw a thread by lifeisabitch here claiming that ladies can judge the size of a man's "P" with his finger ![]() ![]() ![]() Well..."Kokan mi" as for guys that cares to know how deep or how the shape of a lady's kitty-kat looks like, just check her lips! Believe me, those bae's with full lips usually have thick stuff under them! U doubt me? Check ur gf's lip right now and pull down her pant ![]() |
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FTBOY: LWKMD....OMG! Bross eeeehh....see vexnesss! I don die with laugh! Lol! ![]() ![]() ![]() |
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Lol...is this a boss or devil...chai
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divinehand2003: Really ![]() ![]() |
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Seriously....why ![]()
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Heheheheh...looking for Gobe? Now here's the real defination of Gobe! Bushmeat don catch d hunter walahi ![]() ![]() 1 Like
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Heheheheh....so na who put am there?CHANGE don touch the budget I guess..... 2 Likes |
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Heheheheh....so na who put am there?CHANGE don touch the budget I guess..... |
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WTF! ![]() ![]() 3 Likes 1 Share |
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Another potential frontpage photo ![]() |
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Very soon now u go see this one for Fp too.... |
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I refuse to comment! This early morning...sad news ![]() ![]() |
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Wow....nice one |
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Yea...right...by admitting that we are criminals I guess! ![]() ![]() 1 Like |
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That hussband is my role model ![]() ![]() |
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ashewoboy: Lmao ![]() ![]() ![]() ![]() |
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PrimeMinisterr: Haba...primeministerr! Wanking is for the less-priviledge na! I can't stress my brain to self-service when toto full area! ![]() |
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ashewoboy: Its on my to-do list jare...dem say d bae too dey form sha! |
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Laveda: Jsays who? Do you have the aambition of becoming a nun? Just gerarahia already! ![]() ![]() ![]() |
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PrinceAlex001: Wey be say konji go dey hold me even when am praying ![]() |
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Laveda: Smh...chai...see advice....what if na u I come later marry nko? If u don't advice me wella now, I might just kill u with sex one day ![]() 1 Like |
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Una wan start abi? |
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Well....I must confess, my igbo brothers are blessed and gifted! They are Nigeria's hope when it comes to industrilization and technology advancement! But still...I don't understand their hatred for we Yorubas....they just seems to be obsessed with anything Yoruba! Hatred is anti - progressive, it only keeps the hater stagnated! 55 Likes 5 Shares |
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I don't even understand again ![]() But still...God bless Nigeria 1 Like |
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Una don start? ![]() |
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Okay...am that kind of guy that wld use feck as breakfast, lunch, dinner and even have snack sex! But I fear for my marriage life, is this a sickness, can it be cured? Or is it a gift? Should I keep on bananaing em girls? ![]() ![]() ![]() |
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myfantasies: Huh? I don't get it...don't create the impression that ur still single o! The hawks are still out there! |
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Choi! Sir were ![]() ![]() 1 Like |
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