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Nairaland Forum / Entertainment / Sports / European Football (EPL, UEFA, La Liga) / EPL Chatroom - All Discussions (1960421 Views)
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Re: EPL Chatroom - All Discussions by Shaytun: 5:28am On Jul 20, 2023 |
Emaprince: Oga, the purchasing price of Naira weakened because of inflation, the floating of the Naira didn’t have much to do with with Naira purchasing power weakening. I will update you about the the I&E window, because the Naira floating is a policy I’m happy about, you can’t have 2 exchange market and expect economic progress. |
Re: EPL Chatroom - All Discussions by Shaytun: 5:30am On Jul 20, 2023 |
Emaprince: Read what you wrote, slowly this time and try to comprehend. Because your first statement is basically contradicting your second statement. |
Re: EPL Chatroom - All Discussions by Shaytun: 5:37am On Jul 20, 2023 |
monerozi5590: You think the guys importing and selling smartphones in Ikeja got their dollar from the I & E window 😂😂. The same I & E windows before the floating of the Naira that was averaging $30M transaction for both buying and selling in a day is where people are getting their dollar, you must be joking. Even big multinational companies like airlines where finding it hard to get dollar from I and E not to talk of small players. |
Re: EPL Chatroom - All Discussions by monerozi5590: 5:46am On Jul 20, 2023 |
Shaytun: Most Major importers got it at the I&E window. People that can't access it are those import ban list. What's the I&E window then? What's the black market then? What is the I&E window now? What's the black market now? Do the mathematics and tell me whether it won't cause inflation. |
Re: EPL Chatroom - All Discussions by Shaytun: 5:57am On Jul 20, 2023 |
monerozi5590: Nope they don’t. If you had access to the I & E window like some of us you will know majority of those who were getting it at that price, they were not importers. https://businessday.ng/maritime/article/about-80-of-importers-in-nigeria-source-fx-from-black-market-anakebe/
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Re: EPL Chatroom - All Discussions by monerozi5590: 6:06am On Jul 20, 2023 |
Shaytun: Most of those products are ban from accessing the FX. This below is from your link. "A lot of products, he noted, are banned from accessing FX through the official window, and sadly most of those products are essential to many Nigerians" Now answer my questions and do your Mathematics and tell me whether it won't cause inflation. Give me I&E window then and now. Give me black market rate then and now |
Re: EPL Chatroom - All Discussions by Shaytun: 6:11am On Jul 20, 2023 |
monerozi5590: I should give you what you know? You don’t know the official market rate and the black market rate during Buhari era? This argument is going in circle, if you have someone in the importation business, especially those car dealers, ask them where they got the dollar they use for importation, they will tell you. It’s not hard |
Re: EPL Chatroom - All Discussions by Segedinho(m): 6:15am On Jul 20, 2023 |
larride:My hard feeling is based on the fact that he believe we don't earn in dollars and so have no biz with cost of goods even in the face of dollar rise 1.9tr is a lot of money in figures but has less purchasing power in reality due to naira's value as well as the effect of fuel hike in today's Nigeria market 1.9 would actually have thesame rating with billions of yesteryears when naira vs dollar was decent n fuel subsidised.......... So what is there to hold d blokos of the govt for when there was no excuse for Jonathan n bubu Telling Nigerians to exclude the FG from d hardship just because he gave a less valued 1.9tr to the states is nothing less than being CORN-y 2 Likes |
Re: EPL Chatroom - All Discussions by monerozi5590: 6:21am On Jul 20, 2023 |
Shaytun: Lol. Take it to the bank, FX affect your purchasing power. Let's leave the I&E window. What's the black market rate now? |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 6:23am On Jul 20, 2023 |
Shaytun: How can an importer use the IE when he imports things that were/are still banned. What use is it to him? |
Re: EPL Chatroom - All Discussions by Unlimited22: 6:24am On Jul 20, 2023 |
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Re: EPL Chatroom - All Discussions by Itsrm(m): 6:58am On Jul 20, 2023 |
How far Larride , the Lord is your strength 6 Likes
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Re: EPL Chatroom - All Discussions by Emaprince: 7:19am On Jul 20, 2023 |
larride:Omo, but this unification dey bite hard for students abroad. I was reading an article about this and many students who left their school fees in Naira can't even afford to pay their tuition fee cos they have to look for double the initial amount they had in account. However, the unification still isn't exactly going as it should. On the I$E window, it closed at $742 on tuesday, but aboki was still selling at over $800 as at yesterday. How does that support the unification when the actual price on the streets is still different from the official price? |
Re: EPL Chatroom - All Discussions by Itsrm(m): 7:27am On Jul 20, 2023 |
Emaprince: This one has never made sense to me. Why was the government giving out scarce dollar at a reduced rate to pay school fees? If you must school abroad, go look for the dollar yourself. The money wasted subsidising dollar for them would have been used to put our own universities in a better shape. |
Re: EPL Chatroom - All Discussions by BlueRayDick: 7:38am On Jul 20, 2023 |
Itsrm: The truth is: Prior to this japa wave, schooling abroad was mostly an elitist thing. Most times it's the children of the decision makers that were schooling abroad and their parents who are decision makers in this country allowed the subsidizing dollars for those schooling abroad to remain as long as possible. All Buhari's children schooled abroad (Even when he was doing photo ops using sachet milo to drink tea), Saraki the former senate president schooled abroad, Seyi Tinubu schooled abroad, be it APC or PDP ; most of their kids were schooling abroad. So they made sure sourcing subsidized dollar continued as long as it made paying their ward's fees abroad easy. That's why they are never bothered when ASUU complain the government is not funding our Universities well enough. It is only now when so many people in the middle class have keyed into it that it's dawning on them that the whole thing is not sutainable any longer 5 Likes |
Re: EPL Chatroom - All Discussions by afrodoc2: 7:40am On Jul 20, 2023 |
Itsrm: There is an unspoken compact between Nigerian leaders and the people. The leaders agree to subsidize a myriad of products and ventures for the people while the people agree to look away while the leaders siphon the nation's funds. 2 Likes |
Re: EPL Chatroom - All Discussions by iamoyindamola(m): 7:46am On Jul 20, 2023 |
Itsrm:Larride don't mind him Atleast the first 6 months should be breast milk but diaper sef dan cost oo |
Re: EPL Chatroom - All Discussions by iamoyindamola(m): 7:52am On Jul 20, 2023 |
Abeg take me back to when we were awake not this nonsense woke Look at gen z snow white and the 7 dwarfs Where the fvcck is the snow white😂😂😂
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Re: EPL Chatroom - All Discussions by seankafor(m): 8:02am On Jul 20, 2023 |
Make dollar 💵 shaa reach 2k# We go rough am
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Re: EPL Chatroom - All Discussions by patrickmuf(m): 8:13am On Jul 20, 2023 |
Why is this thing so difficult? With the increase in allocation to the states, it means no state should complain again because the increment more than covers the resultant effect of the subsidy removal. Now, the price of things has doubled in most cases but we have states earning close to x3 their usual monthly allocation so, it means we have to pause to begin to ask our respective State Governors what they are going to be doing with the excess of money given to them. We can not continue asking the FG to do it all if so, they shouldn't increase the state allocation. I can imagine the Governors smiling to the bank and praying Nigerians don't look their way and continue holding the FG to provide what should normally be provided for by their state governments. Let the Local and state government put to good use the allocation they are receiving and things will get a lot better. 3 Likes |
Re: EPL Chatroom - All Discussions by Emmynator(m): 8:20am On Jul 20, 2023 |
BlueRayDick:Not to mention the fact that minimum wage increment will lead to inflation that will still make live more difficult for those who won't benefit from it. |
Re: EPL Chatroom - All Discussions by BlueRayDick: 8:23am On Jul 20, 2023 |
Emmynator: Another Angle! 1 Like |
Re: EPL Chatroom - All Discussions by iamoyindamola(m): 8:26am On Jul 20, 2023 |
BlueRayDick:Na those lazy civil servant they wan do increment for |
Re: EPL Chatroom - All Discussions by BlueRayDick: 8:31am On Jul 20, 2023 |
iamoyindamola: Na dem get Labour union wey fit fight for them na. There's no union of unemployed, underemployed or self employed people that has influence like their own union |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 8:37am On Jul 20, 2023 |
patrickmuf: Lmaooo You are celebrating flooding the economy with excess money when there's not enough supply. You will like inflation🤭. 1 Like |
Re: EPL Chatroom - All Discussions by Amigoss: 8:46am On Jul 20, 2023 |
Our Akata in-law is in Lagos for meet and greet , https://twitter.com/Damiar0s/status/1681381687333093378?t=2z9DVMik0tDR_Wz2KWBO1A&s=19 |
Re: EPL Chatroom - All Discussions by larride(m): 8:49am On Jul 20, 2023 |
Segedinho: Whatever it is you are arguing, you are the only one that knows because everyone knows dollars affect the prices of goods especially as we are an import dependent country. The question I'm asking you is 1.9tr is useless in comparison to what? What figures are you looking at that's making you call 1.9tr useless? Anyone who did economics in secondary school will know that inflation affects the time value of money. 1 naira in 2012 can never be the same as 1 naira in 2023, likewise $1 in 2012 is not the same value as $1 in 2023. 1 Like |
Re: EPL Chatroom - All Discussions by BlueRayDick: 8:50am On Jul 20, 2023 |
I just find it amusing that this fine boy feminist doctor no see woman for the whole of UK before he use him hand carry this woman come UK come scatter him career . There’s something just unsettling about male feminists like him sha 3 Likes
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Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 8:52am On Jul 20, 2023 |
😂😂
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Re: EPL Chatroom - All Discussions by larride(m): 8:52am On Jul 20, 2023 |
Itsrm: Na NAN Optipro for infant we bought at the hospital and it was 4k 3 weeks ago. Though baby is enjoying breastfeeding for now. God go help us. |
Re: EPL Chatroom - All Discussions by liveLongNprospa(m): 8:54am On Jul 20, 2023 |
😂😂😂😂😂
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Re: EPL Chatroom - All Discussions by iamoyindamola(m): 8:55am On Jul 20, 2023 |
BlueRayDick:I thought male feminist are interested in D as they are pussynigga |
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