Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,398 members, 7,978,265 topics. Date: Friday, 18 October 2024 at 01:07 AM |
Nairaland Forum / Nairaland / General / Politics / Dollar Is Now N816 (5205 Views)
Dollar Is Falling, Naira Is Rising, And The People That Update Us Are In Coma / Dollar Is Now N900! It Will Not Be Well With APC / One Dollar Is NOT N184 As Google Suggests (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Dollar Is Now N816 by ahiboilandgas: 1:33pm On Jun 23, 2023 |
OmoFiditi:how about your family member doing okada that earn in Naira? 1 Like |
Re: Dollar Is Now N816 by misano(m): 1:37pm On Jun 23, 2023 |
akakurukukaku: 8 years of ur life will be wasted by Tinubu. If ur kids are not careful they will never see a better Nigeria. 1 Like |
Re: Dollar Is Now N816 by misano(m): 1:38pm On Jun 23, 2023 |
jesmond3945: Private sector should never run vital parts of the country alone. Ur Tinubu nor get brain. |
Re: Dollar Is Now N816 by PARADIZEPRIEST: 1:41pm On Jun 23, 2023 |
why import and import and be too addicted to dollars why cant nigerians export and export to get the dollars 1 Like 1 Share |
Re: Dollar Is Now N816 by jesmond3945: 1:45pm On Jun 23, 2023 |
Zionmdde:just go and study how capitalist economies are run. |
Re: Dollar Is Now N816 by jesmond3945: 1:47pm On Jun 23, 2023 |
misano:so you want a communist style economy? Mind you obi will run nigeria the same. |
Re: Dollar Is Now N816 by OmoFiditi: 1:47pm On Jun 23, 2023 |
ahiboilandgas: I have no almajiri family member like you do. |
Re: Dollar Is Now N816 by obi4eze(m): 1:48pm On Jun 23, 2023 |
Renewed hopelessness. I no fit laugh abeg |
Re: Dollar Is Now N816 by obi4eze(m): 1:51pm On Jun 23, 2023 |
helinues: Oga keep quiet if you don't understand how economics works? What is the Nigerian economy based on? Is there dollar liquidity in the forex market at the moment? Do you really understand what your drug baron principal did? How does BTC pumping affect the depreciation of the naira against the dollar? If you can answer these questions well within the next 4 hours, I will give you £20. £5 for each question... your time starts now |
Re: Dollar Is Now N816 by obi4eze(m): 1:53pm On Jun 23, 2023 |
Zionmdde: As in ehn... Very shameless lots. I haven't seen people that love suffering. Well, I have given him a challenge even though I know he won't accept it because they're wicked in heart. |
Re: Dollar Is Now N816 by Streetdoctor: 2:28pm On Jun 23, 2023 |
jesmond3945:This is one of d things Tinubu's supporters should be doing, like u just said. They should be telling Tinubu d needed things not clapping for him for sacking and appointing service chiefs, that's d only way to silence d oppositions but his supporters are too dull to understand mind-game of politics. To change d mindset of d opposition and d poor masses is just simple thing, but they believes so much in grabbing power and when d opposition complain, d next u hear is "chief wailer" Like I said before, as a streetdoctor, it only takes a simple trick to win d heart of d common man outta their, in some cases I used it to get what I want |
Re: Dollar Is Now N816 by misano(m): 2:38pm On Jun 23, 2023 |
jesmond3945: When I say vitals I mean health, education amd the rest. This government is lazy and have failed in all angles. |
Re: Dollar Is Now N816 by ahiboilandgas: 3:13pm On Jun 23, 2023 |
OmoFiditi:non almajiri in your family/clan still earn Naira |
Re: Dollar Is Now N816 by dododawa1: 3:36pm On Jun 23, 2023 |
Na lie ₦726 OBIDENTs at work |
Re: Dollar Is Now N816 by Zionmdde: 3:42pm On Jun 23, 2023 |
jesmond3945:Oga explain ur points to a common man who needs to know how dollar rise is to his benefits. Using a case study of buying cars, electronics etc |
Re: Dollar Is Now N816 by 10billionDollar: 3:57pm On Jun 23, 2023 |
Redoil: |
Re: Dollar Is Now N816 by jesmond3945: 3:58pm On Jun 23, 2023 |
Zionmdde:like i said tinubu wants a highly competitive and private sector economy just like usa. For the common man he needs social net like social security in usa. The economy doesnt care whether you can afford tv or buy a car. If you want to buy car, tv or anything you can go and collect loan from bank with interest. The economy cares that you can eat, pay rent, send your kids to school and get good hospital when you are sick. Anything on top of it is your headache. |
Re: Dollar Is Now N816 by ZombiePUNISHER: 3:58pm On Jun 23, 2023 |
helinues: blah blah blah Come and defend when it gets to 1000 naira |
Re: Dollar Is Now N816 by falcon01: 4:10pm On Jun 23, 2023 |
Landowner101:some people dont get things easily |
Re: Dollar Is Now N816 by worksmart(m): 4:12pm On Jun 23, 2023 |
I love the sarcasm! Landowner101: |
Re: Dollar Is Now N816 by worksmart(m): 4:15pm On Jun 23, 2023 |
So N726 is fine? *SMH* dododawa1: |
Re: Dollar Is Now N816 by 43Ronin: 4:21pm On Jun 23, 2023 |
children of the corn should understand that pump price of petrol is determined by the exchange rate. meaning the more the naira drops, the more fuel price increases, but note that both will be sold abd bought at the same price. do expect fuel to climb to 800 per litre soon. |
Re: Dollar Is Now N816 by Shilavite17(m): 4:32pm On Jun 23, 2023 |
I will forever be trading forex 1 Like |
Re: Dollar Is Now N816 by Abudu2000(m): 5:00pm On Jun 23, 2023 |
Bringbackmandat:looks like he was a bad choice afterall. Imagine not beu able to fuel up or even go around as before due to high cost of transportation. It is well o this politicians has totally finished the country. |
Re: Dollar Is Now N816 by Brek: 5:04pm On Jun 23, 2023 |
Landowner101:I did read your post and it was rubbish |
Re: Dollar Is Now N816 by Zionmdde: 5:13pm On Jun 23, 2023 |
jesmond3945:Ok how much has the economy cared presently about how a common man can afford food? Tell me how a man with a minimum wage of 30k can afford to eat presently. Ok which school can the man send his kids to? Ok economy doesn't care about affordable transportation. No wonder Tinubu's economy is doing wonders in transport fare in lagos Infact with Tinubu's usa advanced economic strategy, can u tell me wat a common man is presently enjoying? |
Re: Dollar Is Now N816 by nedekid: 5:20pm On Jun 23, 2023 |
ALMUSTAQIM:
|
Re: Dollar Is Now N816 by GerogeI(m): 5:39pm On Jun 23, 2023 |
Please can some one tell Tinubu That a one sided market is not a free market and has no bottom. This stupid move is threatening my projects If Nigerians are bidding and buying forex from IE window on willing buyer willing seller model. There must also be a market where foreigners (forex holders) are bidding for naira on willing buyer and willing seller mode. Otherwise what you have is an unbalanced demand for forex by Nigerians only. For you to have this, it means all oil companies including NNPC must sell Nigerian crude oil in naira not USD. Buyers of Nigeria crude must find a bank willing to sell them naira for USD to buy any export from Nigeria. This will also apply to other non oil exports. As long as CBN is collecting USD from oil and other export, they are joking calling what they just instituted a free market. See how IMF is appluading their stupidity, as if they have our interest at heart. IMF only looks after OECD countries, most of which are in Europe and have no natural resources remaining or significant manufacturing. Any time they get you to devalue your currrency they benifit OECD countries who buy your resources cheaper. If Tinubu wants free currency rate, then Nigeria's main export crude oil and others must be sold in naira. Forex inflows will go to banks in an unregulated manner wether through a central platform or other means. Banks will be the ones selling naira to exporters and recieving forex not CBN. CBN should a only buy diverse ( not just USD) forex indirectly from banks and maintain just enough reserve for Emergencies not exceeding two years worth of imports. Thats how the people appluading this infantile economics run their system. Nobody exports anything from europe in any currency other than euro. Sometimes I wonder why i was born in a country where dounces are selected and appointed to lead. Who ever is dishing out these CBN policies is a real idiot, just same as Emefiele! 1 Like 1 Share |
Re: Dollar Is Now N816 by emmaodet: 6:02pm On Jun 23, 2023 |
GerogeI: The biggest scam is in currency. Why will Europe an US insist we buy their own products - cars, electronics etc in their own currency and then turn around to tell us they will buy our own products in their own currency again. Who does that? Even before the trade starts, Africa is on the losing side. Before the trade starts |
Re: Dollar Is Now N816 by MrBroke(m): 6:18pm On Jun 23, 2023 |
That's a good one for the economy |
Re: Dollar Is Now N816 by JagabanBorgu: 6:26pm On Jun 23, 2023 |
misano:Obi follower, señsîble crew, I sight u. |
Re: Dollar Is Now N816 by jesmond3945: 6:46pm On Jun 23, 2023 |
Zionmdde:i think he is waiting for his ministers and to pass a budget. |
This Is Correct Report Of Nigeria Richest State By GDP.. Ignored The Fake Trendi / SSDC: South South Development Commission Bill Passes Second Reading In Senate / Photos: Guess Who Was Seen Having Breakfast At Lagos Hotel Today
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 61 |