routed:

It will be rain of abundance and renewal.

HNICEARTH:
Dey play!
Tinubunomics let the naira breeef

drlaykay:
This isn't "slightly".
Although we expect it to take time before the effect will be fully felt.
This daily updates isn't doing much.

okuta007:


dey play

you think say na who shout

I receive it pass for Shiloh dey be billionaire?

your mumu don reach PhD level

Crvrider:


You're judging someone that is not your president, on what ground? Remind me again as at today where your president is?

chatinent:
Fingers crossed..


All the policies thus far have been a drop in the bucket when it comes to reducing poverty.

During Jona's administration, when the exchange rate was ₦119 to a dollar, all hell broke loose. Satan had to rent a place in the outskirts of hell. Now it costs an arm and a leg to buy fuel and we call it a renewed hope! Wow! We are really developing backwards! The ironies in the “change“ they preached were real!

I told y’all that it shouldn't be all about tribalism during elections but every tribes went for na my brother, na my brother. Now see am, your brother no give a flying f about you im (unknown abi adopted) brother. Joke on you. Lol.

I heard they were selling a new lease on life but the penury-stricken was only mandated to stand on existing mandates gidigban while other are looking for stolen mandates. Are you still standing abi you say make you sit down small? 😁 There's a glimmer of light at the end of the tunnel for the corrupt political class....while for the masses? Dem never see torch sef.


No dice. Our federalism, which was already burning a hole in our pockets, has now gone and added insult to injury by giving a whopping 100% raise to the executives and judiciary, not to mention a selected few legislators who were also included in the gravy train. The subsidy removal came without any backup plan such as raising the minimum wage, leaving us high and dry.

We are fools. We are like pawns always watching being checkmated. We are puppets. We are placed in the stage light for the bourgeoisies to merry and have a good day! Do we have a choice? Nay! We are educated but yet illiterate. I am happy to be a fool too; a fool who recognised the tomfoolery. Some grew wise in their foolishness. They are happy they are fools who can fool other fools. A tale of many fools fighting for those who fool them! Dear foolish Mufasa!😁

My suggestion is an increment of the minimum wage. Abi? Since we are all in for this death sentence of a country! Ngwa, fair Chatinent, pray tell! 😊 The minimum wage should be a fair shake, not chicken feed. It should be a decent chunk of change, not peanuts. It's time to pay people what they're worth, not shortchange them. A minimum wage of ₦150k would be a game-changer, not small potatoes of ₦30k. Who even pay!

While the masses? Still suffering and keep shouting "on your mandate I stand gidigban" while suffering and searching for Twitter giveaways. Keep on standing gidigban and swallow the issues you have when Nigeria happens to you, my good man.

I just also remembered Fela. Now think of this...if by then Fela was preaching against bad governance...I mean then ooo...some 25 years ago, now imagine yourself shouting "on your mandate I stand gidigban" and how not-mad people see you. 😁 Joke on me.

Even if you decide to be wicked, be wicked responsibly naw. Which one bi say you wicked and you wan wicked beautiful unborn kids of yours?

Well...

It seems that the ongoing push for a particular candidate in Nigeria based on tribal affiliations is bearing rotten fruit for the nation when the tree hasn't even started growing.



The truth is all they said were lies. I just discovered that you and I will suffer together, my good man.

blackgold2018:
idiot.. fool. The government is still deceiving you

sthecy:
Tinubu is no different from Buhari….. Mark my words

lexy2014:


What are those "pressing and capital matters"?

Is it because of money used in propping up the naira that there's no money to invest in "pressing and capital matters"?

Isn't it this same APC that told nigerians that N200 was too high for a dollar?

adioolayi:


I agree, the more the demand, the higher the price...

The other part you failed to mention is where you have price equilibrium...where higher demand will not increase the price, because there is a balance of supply. This is also basic Economics. .

When this is achieved, those that truly needs FX for importations, foreign investors that wants to repatriate their profits and other genuine cause like traveling, international school fees and all will be the ones in FX market...while those FX trading speculators will leave the market.... gradually..these together with other economic policies that attracts investors that will bring more FX into the country will ensure supply is even more than demand..and this will ultimately begin to strengthen the Naira against the dollar

routed:

People like you are the one deceiving yourself, all you need do is to watch the market inorder to plan your business and investment portfolio as things unfold. Sorry, do you even have investments?

I have been trading N/$ at least twice every week since the new CBN policies on exchange rate.

I understand what is unfolding, the market is full of excitement and caution right now.

E lo fokan bale!!!

Tianamen1:


It is challenging to boost productivity. Nigeria needs years of investment in basic education to catch up. We need to focus on reducing expenditures first.
Your last statement is highly foolish.

Tianamen1:


It is challenging to boost productivity. Nigeria needs years of investment in basic education to catch up. We need to focus on reducing expenditures first.
Your last statement is highly foolish.

ChristineC:
slightly indeed.
keep playing.
the naira is dead.
you will soon be buying one tuber of yam for 10k.

fergieboy:
Renewed shege
What we have here is too many hands chasing few dollars

blackgold2018:
idiot.. fool. The government is still deceiving you

drlaykay:

Why are you guys so uncultured?
Can you dare say this to me when you meet me in person?
Why can't you be civil and address people with contrary opinions with respect or simply stroll past their comments.
Even the British government, world bank, renowned economics worldwide who applauded the policies are fools right?
And you are the only sensible ones. Even Peter Obi that I'm sure your support proposed the same thing during his campaign.
Why can't you guys just look beyond political affiliations, tribe, hatred and purge yourself of every bile you have accumulated internally.

And please work hard and do good for yourself. Success comes with some form of civility. A successful man won't address someone else this way. Work hard.

Curvinus:


No he's actually right on his last point. Taxation is not a silver bullet as some of you want to believe. Instead you'll end up cutting open and bleeding out the arteries that run the economy.

The private sector at present provide their own generators, security, water supply, healthcare and you still want to tax them out of business. that would be more of punishment than taxation and people would also get wiser and start cooking up the books, leading to drop in tax revenue.

Don't also forget that these businesses do not even have any recourse or a form of bailout in the event that things go bad. But all you can think of is tax, tax tax.

drlaykay:

Why are you guys so uncultured?
Can you dare say this to me when you meet me in person?
Why can't you be civil and address people with contrary opinions with respect or simply stroll past their comments.
Even the British government, world bank, renowned economics worldwide who applauded the policies are fools right?
And you are the only sensible ones. Even Peter Obi that I'm sure your support proposed the same thing during his campaign.
Why can't you guys just look beyond political affiliations, tribe, hatred and purge yourself of every bile you have accumulated internally.

And please work hard and do good for yourself. Success comes with some form of civility. A successful man won't address someone else this way. Work hard.

routed:
please explain what you know about this monetary policies decisions by the PBAT. I'm an economist, we are happy about what is going on with naira at the I&E window.

Tianamen1:


Please show me where I have ever mentioned taxing businesses.

Tianamen1:


Please show me where I have ever mentioned taxing businesses.

Streetdoctor:

As a self aclaimed economist, what should be d priority of a sensible govt right now?

routed:
Ask them how much tax they have paid this year. For their information , for you to process your Form A with CBN now, you must present 3 years tax certificate.
We are all bleeding the economy, we want healthy economy but don't want to pay their dues.

Because we don't want to talk or respond to their gutter-bitter vomit, they feel they have point or reasonable. Uneducated feeling enlightened people.

routed:


The priority of a sensible govt now, my brother, is to strengthen her Monetary and Fiscal policies, take control of his government, save all the deathly subsidies funds and role out an unprecedented social welfare and job target infrastructure expansions in the coming supplementary budget.

blackgold2018:
how dare you.. @can I say this to you in person Statement

What a hell. I really hate fools like you. With nonsense pride.

A rich sensible man will never go on “do you know who I am” statement.

God punish you there. Someone that I’ll even be more richer and comfortable than.

routed:
Majority of you guys wishing doom on your nation are ignorant. While we await.
Mind you guys, the volume of trade at I&E window is less that $100 million till date. The policy makers are watching while the investors are jostling to inject greenback into the economy. Again, the government is yet to inject greenback. In few weeks from now, the economy activities will strengthen naira to ride the rate below N600/$.

All of these doomsday analysts know nothing about Monetary and Fiscal Policies.

All they hope for is to see their country and her leadership fail.

TheGoodJoe:


Explain to me, O smart one, how you can tax your way out of an economic crisis.