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Nairaland Forum / Nairaland / General / Politics / Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni (18820 Views)
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Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Peterobi90: 4:54am On Oct 05, 2022 |
Just 40years ago... |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by MEGA4BILLION(m): 4:55am On Oct 05, 2022 |
Well, someone promised to make it #1 = $1 We don't know what to expect this time 1 Like |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by fredoooooo: 4:55am On Oct 05, 2022 |
Buckeyemedia1:God bless you 1 Like |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by baretalk: 5:06am On Oct 05, 2022 |
What does this mean? We know. |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by anonimi: 5:15am On Oct 05, 2022 |
Buckeyemedia1: As lazy as the alagbado ancestor who packaged Abacha’s PTF associate of IntegriThief as APC’s corruption fighting messiah with promises of change? Instead, what did we have? The economy wrecked to over 50% unemployment and underemployment, inflation, insecurity, poverty and higher out of school children etc. Why should any sane person reinforce failure ![]() 3 Likes 2 Shares
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Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by YoungDaNaval(m): 5:19am On Oct 05, 2022 |
PointZerom:Lmfao |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Abokilongthing: 5:20am On Oct 05, 2022 |
No word for Nigeria right this na early morning
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Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by anonimi: 5:21am On Oct 05, 2022 |
Buckeyemedia1: Fraudulent Peter Obi is also part of the wrecking scam that has made our exchange rate worse, by importing instead of buying local items for his supermarkets, and shipping money abroad like Abacha stashed our money in Switzerland. What manner of hypocrite is liar liar Peter Obi with his fake integrity ![]() bennybuhari: 1 Like
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Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Owaincouncil: 5:23am On Oct 05, 2022 |
The destruction of this nation is collective effort and not only to one tribe. When Zik, Awolowo, Tafawa Balewa had tge opportunity to share/break this country, what did they do. Ditto obasanjo & jonathan One day, a saviour will arise for this country as I don't see it in any of the current leading contestants. Obi own will be worse if he win as those structural engineers will choke him. Those people are devil incarnate. 1 Like |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by jaxxy(m): 5:24am On Oct 05, 2022 |
Yeah when Nigeria was great. |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by anonimi: 5:26am On Oct 05, 2022 |
selymyst: Yes, we know who to blame- ThiefNuibu and Buhari who promised us change but only stole our past, present and future with massive corruption and looting that will make Abacha jealous. We sure know who to blame. 1 Like 2 Shares
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Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by GENES11S: 5:27am On Oct 05, 2022 |
The thing is after we got independence, instead of driving forward, we entered reverse mode. We have been on reverse gear since then. The worst part is some people will come and still be blaming the British/ USA for their self inflicted woes. 2 Likes 2 Shares |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by anonimi: 5:29am On Oct 05, 2022 |
Owaincouncil: How much work have you done with your own senator and representative to break the country during the five amendments to our 1999 constitution? How much work have you done Oga ![]() 2 Likes |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Acidosis(m): 5:32am On Oct 05, 2022 |
Naira lost 350% in value over the past 7 years. Vote another mannequin with zero brain power, and watch $1 exchange for N5000. |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Elidrisy20: 5:53am On Oct 05, 2022 |
Na mumu dey compair 1982 with 2022 of Buhari ![]() |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Rapuru14: 6:06am On Oct 05, 2022 |
Afamed: Idi@t Upside down thinking bat. 2 Likes 1 Share |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by DesChyko: 6:06am On Oct 05, 2022 |
Afamed: Is that why this was a needless post? Vote wisely. 2 Likes 1 Share |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by babyfaceafrica: 6:07am On Oct 05, 2022 |
Super story |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by sayso: 6:09am On Oct 05, 2022 |
SteveDGreat:Oseni, you are a hypocrite. Recently you went against traffic, that is the symptoms of a bad society. A countries greatness is directly proportional to the value system of its citizens. From among those, the leaders emerge. 2 Likes |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by tommy589(m): 6:15am On Oct 05, 2022 |
Buckeyemedia1: A nation of consumers. Humpty Dumpty fall will be child's play to Naira own when it reaches that stage Simple things our factories used to do in decades past is now what we import. Textile factories that used to be largest employers of workers are no more.we import ordinary detergent to repackage, our publishers now go to Malaysia to print and sell textbooks here and they expect Naira to be strong |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by dreofGod(m): 6:19am On Oct 05, 2022 |
As much as I believe that Nigeria will be great again, I totally frown at misinformation. Rufai should do his maths well. The naira was not valuable than the pound-£650 to #793 2 Likes |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by drealcivilceno(m): 6:22am On Oct 05, 2022 |
Buckeyemedia1: Thanks Man.... Na lazy thinking go kill this country! Simple things like respect your father and your mother can be applied to this money crashing, but No Nigerians said it was largely due to non exports of products, I laugh. You get mind commot dollars from your system(they did not learn from Ghana, it was Nigeria that created money Abi? ![]() They will say non-exportation of goods from NIGERIA is the cause, as if America and China do not the same deficit, although low! Tenten, we were all played liked that. Now Peter Obi, Atiku, Tinubu, is our Messiah, chai, like they are no other positions to vote for. Chai, Nigeria ooh! This system was made to kill dreams, Nigerians don't know this, Even if a New money family is made in trillions, they won't survive this! 2 Likes |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Blue86(m): 6:23am On Oct 05, 2022 |
I was told that it was the dullards by a man in his 60's that go to study in US and Britain then, when we have UNILAG, UNIBADAN, IFE and co. And when applying for job, and you say you were a graduate of Cambridge so so in USA, you would be mocked and considered second rate to those who finished from the top notch Universities in Naija then, with good grades. But today, it's vice versa. 1 Like |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by stepaside2: 6:28am On Oct 05, 2022 |
Rufai, I get what you are trying to say. However, the figures you quoted showed that the pound was stronger than the Naira at the time. More Naira exchanged for the Pound Sterling and not the other way round. N793 exchanged for £650, so £1 was N1.22, 22% weaker than the £. Yes, the British Govt defended the Pound Sterling last week to the tune of £65bln in a single day, yet the Pound crashed to its lowest level against the Dollar in decades (more than 30% loss) if my numbers are correct. Economies are volatile around the world and many currencies have tanked against the Dollar. Our situation may be self inflicted atimes but not immune from the global economic crisis. The important thing is exchange stability so that businesses can plan. The Japanese Yen exchanges at more than 120 to the Dollar, no issues. As long as we depend on oil revenues for most of our forex needs, our currency is doomed. We have to diversify our forex earnings by exporting more goods and services apart from oil. Any manifesto that doesn't prioritise this and the quadrupling of revenues in the medium term is dead on arrival. 1 Like 1 Share |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Iamthoney(m): 6:28am On Oct 05, 2022 |
SlavaUkraini:Never again are we allowing mannequins rule us again 1 Like 1 Share |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Agboriotejoye(m): 6:30am On Oct 05, 2022 |
Buckeyemedia1:You people just come online and write rubbish. Speak for yourself Oga. Nigerians are not lazy!! |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Agboriotejoye(m): 6:34am On Oct 05, 2022 |
Afamed:How does that affect the exchange rate of naira? You see, you guys are the most bitter and caustic set of supporters yet you claim Obidients are hateful. How does driving in brt lane have anything to do with the point he's raising? Even in Western world, there are no saints. But the system works. That's what he's talking about. A Central Bank governor can't be partisan. 1 Like |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by MSesan: 6:35am On Oct 05, 2022 |
Afamed: It's 'Google' bro. Peace ![]() 1 Like 1 Share |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Nobody: 6:36am On Oct 05, 2022 |
That was a long years ago na. Everything don old, naira don old too. |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Youoareofoolish: 6:38am On Oct 05, 2022 |
Afamed: Rather than attack the messenger, why not attack the nessage, you see what you did here? Was use his character to assasinate his message. Did he make sense to you with his message? Why are you offended? Useless goat. |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Fucklove(m): 6:42am On Oct 05, 2022 |
Re: Forty Years Ago, 1 Pound Was 0.8189 Naira - Rufai Oseni by Agboriotejoye(m): 6:48am On Oct 05, 2022 |
sayso:I still don't understand why people bring the fact the drove against traffic up any time this guy brings up serious issues about our country. What does that have to do with the exchange rate? Has he not paid for the offence? Your favourite politician who has been caught looting, has he paid for that crime? Yet, you want him to continue and not be criticized by his followers as if we're not in a democracy. What is wrong with citizens of Nigeria?!! |
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