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Nairaland Forum / Nairaland / General / Politics / Dollar Is Now N900! It Will Not Be Well With APC (5061 Views)
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Dollar Is Now N900! It Will Not Be Well With APC by AcuraZDX: 4:02pm On Nov 02, 2022 |
Dollar is N900. E no go better for APC in this life and the after life. 23 Likes 3 Shares
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Re: Dollar Is Now N900! It Will Not Be Well With APC by AcuraZDX: 4:02pm On Nov 02, 2022 |
Re: Dollar Is Now N900! It Will Not Be Well With APC by buckeyemedia: 4:03pm On Nov 02, 2022 |
AcuraZDX:Sorry for the nation of lazy people with no innovation, waiting for petrol dollars from their central government. 2 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by socialmediaman: 4:05pm On Nov 02, 2022 |
A HP Intel Core i3 laptop was about N100,000 in 2011/2012. The same laptop is about N300,000 today. Minimum wage is N30,000 so you'll have to work for 10 months to be able to afford the computer. In the US a person on the minimum wage of $7.25/hr will work for only 1 week or less to buy the same computer. Still billions of naira are being stolen, and it's not something of importance to the APC to cut the cost of governance and fight corruption. APC doesn't deserve to be re-elected! 39 Likes 5 Shares |
Re: Dollar Is Now N900! It Will Not Be Well With APC by slivertongue: 4:06pm On Nov 02, 2022 |
APC is Poverty driven party. Poverty is her main mandate. Avoid the plague called APC 14 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by GreyLaw(m): 4:07pm On Nov 02, 2022 |
buckeyemedia: Hypocrite! We are not lazy. Nigerians are workaholic in nature! Your comment is just a stealth way to exonerate your useless government at the center and vote in another kleptomaniac! You will not succeed in that quest! 79 Likes 8 Shares |
Re: Dollar Is Now N900! It Will Not Be Well With APC by zeuss: 4:07pm On Nov 02, 2022 |
Let a business man like obi take charge and we will see real growth 7 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by AcuraZDX: 4:08pm On Nov 02, 2022 |
buckeyemedia: You are a clown. So the youths are the ones controlling the government 36 Likes 3 Shares |
Re: Dollar Is Now N900! It Will Not Be Well With APC by fiizznation: 4:08pm On Nov 02, 2022 |
What will APC tell the masses when they start their campaigns? Are they going to tell Nigerians how everything has increased by about 300% or the insecurity that is still bedeviling the country, etc. Not a good time, but politicians will always have what to tell people. It will be up to Nigerians to score APC. May God help us!!! 18 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Okoroawusa: 4:14pm On Nov 02, 2022 |
No Jupiter will stop me from voting Bola Ahmed Tinubu in 2023 3 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:15pm On Nov 02, 2022 |
It will also not be well with PDP, and all the past governments that have ruled us. Want to know why I am saying this.? The complaints we are making...were made in 2002, 1992, 1982, and even way back. And yes, naira is going to reach $1 to N1800 in 3 years time when Peter Obi wins, and we will all be here complaining. Because all our leadership won't do what is right. They will export raw materials, share the money, and use the money to import. Or waste on subsides that add no productive value to Nigeria. (Yes, I heard TInubu say that Nigeria cannot rely on export of raw materials...that is what they say when they want to get elected. hE WON'T DO NADA). Oga, to anyone complaining....especially APC supporters, but also Peter Obi supporters and Atiku Supporters, your leaders, especially the past ones...are all responsible. If I tell you we need to remove subsides on petrol and power, arrest all the corriupt people in power, and those out of it, and raise our tax income.....you guys will shout poverty, partiality, and threaten to split from Nigeria. So, anyone who wants to quote me.....better think hard about what we can do to stop the slide. Better stop liking imported stuff, cheap fuel, defending corrupt people, and living on oil money....or the naira will reach N2000 to one dollar in 4 years time....refgardless of who is in charge. Stop crying, and start thinking. 7 Likes 1 Share |
Re: Dollar Is Now N900! It Will Not Be Well With APC by gaby(m): 4:15pm On Nov 02, 2022 |
Before elections and after, it's sure to hit the #2k mark... |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:16pm On Nov 02, 2022 |
AcuraZDX: You opened this thread to cry about it so that your side will win the next election. Meanwhile, if I ask you what we should do to stop this, you won't have an idea. 1 Like |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:17pm On Nov 02, 2022 |
buckeyemedia: Oga, keep quiet. Your party was voted to stop the slide. Yet they have not. And you want to impose 8 years more of this. Your party has no ideas. So, stop this comment. Your Buhari has failed. 8 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by ThEGodFaThErss: 4:18pm On Nov 02, 2022 |
Thunder, lightning and brimstone will fire APC, it's followers and all Tinubu miserable and pathetic urchins. 22 Likes 1 Share
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Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:19pm On Nov 02, 2022 |
fiizznation: Yeah, but are we ready to take the hard decisions needed to become a producer nation, and not a consumer nation. Our naira is bad because we are resource dependent.The slide has been present since the 1970's. Either we wake up and become a producer...and PDP and/or LP have a plan towards that...because APC don't have a plan...or we keep on doing the same old, same old. 3 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by general111(m): 4:20pm On Nov 02, 2022 |
On this thread, people are still defending this government.. We are truly not ready for any form of change. Maybe the people defending this nonsense are benefiting from it. 5 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by BuyDomain: 4:20pm On Nov 02, 2022 |
Okoroawusa: That's based on sentiment and it's very bad. Sentiment does not put food on your table or spare you from hard economic realities. You should be wiser than voting an individual based on sentiment. No doubt, APC has no atom to retain power come 2023. 16 Likes 1 Share |
Re: Dollar Is Now N900! It Will Not Be Well With APC by SaiOba: 4:21pm On Nov 02, 2022 |
What is this clown even saying? Do your dumb government even listen? Yet y'all don't want anyone to complain. Y'all just want Nigerians to keep smiling while suffering. It will NEVER be well with you and your party. Kasssandra: 5 Likes 1 Share |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:23pm On Nov 02, 2022 |
Okoroawusa: Oga, APC was voted in in 2015, to stop the slide of the naira among other things. If Buhari with a lot of tinubu appointees could not do it, how would tinubu do it? The truth is, your party has failed. At the end, if Buhari could not take the decisions needed...how would tinubu do it.? The problem is simple...remove subsides, raise tax income , diversify the economy, end corruption. APC has not done that in seven years...and ye want us to give them another chance? No thanks. It's just too bad that it is PDP and LP ...that are the only alternatives, and they are like your party. 4 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Cantonese: 4:24pm On Nov 02, 2022 |
Kasssandra: But may I ask why you have not included NNPP in your discussion? That party is quite popular too. |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Isokiscool(m): 4:24pm On Nov 02, 2022 |
Some ignoramus will tell you not to vote party but individuals,My conscience will never allow me vote APC even if d position is for local government councilor 6 Likes |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:26pm On Nov 02, 2022 |
SaiOba: Sorry, I don't support APC, nor have i ever voted for Buhari, and as for tinubu, his support for Buhari even made me more resolute not to go near Buhari. And yes, I stand by what I wrote. This thread...people have been complaining about the naira falling for centuries. The fact is, none of the parties has the cojones to make the hard decisons needed to make the naira rise. All I know is, either we remove subsides, cut corruption for real, and raise the tax band...but all of you will oppose it. And in five years time, we will be here again, when the naira is now 30000 to the dollar. 1 Like |
Re: Dollar Is Now N900! It Will Not Be Well With APC by okeysoninv: 4:26pm On Nov 02, 2022 |
Kasssandra:oga nigeria have enough exports. na arbitrage trading is killing naira. as far as spectators remains in naira dollar trading. naira will continue to fall 1 Like |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:28pm On Nov 02, 2022 |
Cantonese: Kwankwaso will only get Kano, and maybe a few thousand votes elsewhere, and that's that. The man is not that popular. Or you want to vote for him? (Meanwhile, he is saying that he will make WAEC free...as to how WAEC will earn money...and then he wants a .75m army....how he would pay for it is blank) |
Re: Dollar Is Now N900! It Will Not Be Well With APC by okeysoninv: 4:30pm On Nov 02, 2022 |
kill spectators trading and see naira exchange for #440. CBN knows what the right to do. BDC is killing naira for selfish Gain 1 Like |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Tokskob2008: 4:30pm On Nov 02, 2022 |
AcuraZDX:You no suppose reply am at all. The funny thing is they package a dullard who completely ruin the little glory the country had back then in 2015, forced him on the country again in 2019 even when they knew everything in the country was going up in smokes as a result of his ineptitude, now everything is completely grounded yet they aren't tendering any apology but only to say the common man on the street caused the whole thing as a result of his laziness. Come 2023 they are gathering to repackage another disaster for the seat of power just because of selfish reasons but God won't let that happen this time around because the suffering on the street is just too much for the common man. Food is very expensive, no job, no security, no good governance nothing nothing but this evil fellows are not bothered about it as long as they get crumbs from their slave masters. Ask most of this useless people their highest cash home and in the bank, you will be shocked they don't have up to #1m yet they are ready to let the country go into the hands of wicked and selfish politicians who their kids wears a single wristwatch worth more than #100m just for fun. This is in this shape not only because of the bad leaders but also the people supporting those bad leaders. 5 Likes 1 Share |
Re: Dollar Is Now N900! It Will Not Be Well With APC by DennisEche(m): 4:32pm On Nov 02, 2022 |
Voting APC is a dead wish... If you vote APC then Nigeria is finsihed. I wish Buhari can take us back to the PDP days , pre 2015. PMB pls take us back on how you met us , Biko. 6 Likes 1 Share |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:32pm On Nov 02, 2022 |
okeysoninv: The problem with Nigeria, and most of subsaharan Africa is not the exports...but the type of export. We are not exporting manufactured goods. We export raw materials...whose prices we do not control. EG...we export crude. We need crude at 140 dollars per barrel to sort out all our money needs. But if we unilaterally raise the price to 140 dollars per barrel...our buyers will go and buy from other countries that are selling at the current, much lower, price, and we would be left with nothing. We also spend a lot on subsides. The thing is, keeping prices of fuel low means that the more the cost of producing fuel rises, the more the cost of the subsidy...the more it eats into our budget. The above is why we are poor, and why most subsaharan African countries are poor. Meanwhile countries that are rich..like China, Japan, and so on export.....manufactured goods...and have strong currencies. Saudi has a strong currency...but they produce ten times more oil than we do., and have 40m people. But they spend a lot of excess dollars keeping their riyal strong. One year they ran through 600bn dollars just to keep their riyal strong.... |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:34pm On Nov 02, 2022 |
okeysoninv: It won't solve the real problem...we are not earning enough forex to buffer the naira. A lot of our forex is going to debt servicing, and subsides. And keeping our forex reserves uptight. |
Re: Dollar Is Now N900! It Will Not Be Well With APC by Nobody: 4:36pm On Nov 02, 2022 |
shortIGBOman: No, our APC government caused this. If Buhari had 1.Removed subsides compeltely in 2015...which would have allowed investment into domestic refining to flow in. 2.privatised NNPC in 2015 3.Raised our tax to gdp ratio to 20% or more 4.Removed price controls on the power sector... The naira would have been stronger. 4 Likes |
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