hafeeanubasy:
you people should chill!

Obi is not a threat to Tinubu but Atiku.

OBI my foot 😆

hafeeanubasy:

Wicked Tribalist...that is who you are

And pethief OBI is not different from his gang I listed above. That is the fact!

grandstar:


It is exactly what the country needs.

If demand for dollar is greater than supply, the currency would depreciate, making imports costlier and less affordable while locally made products become cheaper and it's exports more competitive.

And if supply inflow is greater than demand, the currency would appreciate, making imports cheaper.

obi4eze:


What is the government's policy on imports and exports?
What has the government done to curb the inherent corruption trailing the parallel rates?
Nigerian economics doesn't follow the principles of economics because of the inherent corruption. They tried this in 2016 but it never worked. Instead the naira depreciated by 40%. The rest is history.

slimthugchimee2:
Omoh the grammar here strong pass me
People wey no understand shishi gather here

Abeg person help me explain

Godoverevery:


what if it works out fine?? Will you take back this your doom predictions??

Olalekanbanky1:

Aswear

emmybobo1:

It definitely impossible given your limited knowledge to understand the point the guy is making. I'll summarise it here: people will still have to source dollars from abokis ( BDC) or from third party, because the CBN cannot meet the dollar demand. And this third part merchants have profits to make, therefore would force the dollar price to go up.

Godoverevery:


It is definitely impossible to you cos you ain't old enough to know nothing is impossible.

Like I told your elder brother time will tell...... negative belief pls stay far away.


People like you don't give anything a chance.....this policy isn't even a day old you already speaking like you are God.

hafeeanubasy:

What happened to non SW ports when GEJ was the president, Anyim pius Anyim was the SGF,Okonjo iweala was the coordinating minister of the economy Allyson madueke was the minister of petroleum,Emefiele was the CBN Governor, Aruma oteh was the chairman SEC,Peter OBI was the chairman SEC ,Ike Ekweremadu was the deputy senate president, Emeka ihedioha was the deputy speaker..all for 5years 2010 to 2015!
Una never take responsibility for your life but blame others

emmybobo1:

I am not against the policy. In fact, I want dollar to crash so that I would be able to make my crisis border purchase that I couldn't make for to insufficient funds caused by dollar rate.

When we comment here, we don't rely on faith or being optimistic, but look at data and reality. I believe you are still a child or you have never made a dollar transaction before. Or you don't know even rudimentary economics

viodemus:



I say giving me the vibe, na im you begin dey work yourself. Not only was my instincts spot on, but it also revealed to me that you are an undiluted fo*ol, that is, basically a dedicated du^nce. I will save your other titles for later on.

I know say discrimination dey sweet you like that fraudulent tribalist criminal aka stealibu, an hourly failure, since day 1, he dun already prove him sillybu dna. How una go see anything wrong about discrimination? but una want unquestioned loyalty, and eternal pledge to Saudi Arabia. The God of igbos go use thunder strike you a couple.


So, it should be only sw ports that are functioning and maintained, so it is okay to pack the security forces with northern hisbas and tribalist islamics SW; so it is cool to hinder non sw states economically and make strangulate them, but resources dey sweet una take.


Igbos are naturally peaceful people, but don't mistake it for long term fo^olishness . Stealibu better find wisdom to use, because all we have told foreign allies are playing out like a choreographed practiced lessons. . We are watching and updating to what they are observing. He better widen up on security issues and equalize the forces. 16% for the SE. Is not too much to ask for. if you like hate, na your own be dat, but your stealibu needs to worl on equality issues in earnest and not come and be blaming the oyibos later.

obyno82:


E go shock you

hafeeanubasy:

What was buhari intro?

Appointing COS and SGF 3mths after swearing in.


Mention one landmark policy implemented by buhari within 100 days in office.

I voted for him, but I lost interest within 100days in office!

grandstar:


The CBN never tried this in 2016 as the Naira stayed at around 1999 from June 2015 to around 2017. If it was devalued, it would have reflected

The floating this time saw the Naira depreciate from 474 to 664. It's clear there's a depreciation now.

Selling fx to BDC will slash the huge difference between the official rate and parallel market rates as forex will flood the black market.

That was why Soludo introduced it back then. Prior to that, the official rate was 120 while the black market was 150. Once he began to sell to the BDC, it collapsed to around 122 at the black market.

loswhite:
Has the previous policy reduced it kolo?

hafeeanubasy:

You are not making sense!

tonytony208:


So, this one will reduce it?

Dìndìnrìn

loswhite:
At least we are not giving it to selected few at special prices.

tonytony208:


But how does that make your life better?

Does it reduce the cost of living?

Caseless:


The OP messed it up. The main statement paper is has it correctly written. Angela Sere-Ejembi, PhD.

do4luv14:




🤣🤣🤣🤣

Local man had been electrocuted 🤣🤣🤣🤣

loswhite:
The same way the former status quo made your life better and actually reduced your cost of living.

tonytony208:


So, your cursed head tells you that Tinubu is different from Buhari?

9182736455O1999:

Please, so does this means we no longer have an official rate but only a black market exchange rate?

obyno82:


Don't worry sapa would reset your brain.

hafeeanubasy:

It will resettle your father and your family brain.
Since that is what you wish for yourself!

vastolord4:
Please who can interpret in plain english