CodeTemplar:

That means you will need forex for import and most likely run to CBN, then cry that emefiele finished all the dollar again.

Instead, let's embrace production and substitute imports as much as possible.

NzogbuNzogbu:
Tinubu is almost spending half a year in governance, nothing to show except more hardship

Mind you the party he midwifed have done 8 fruitless years of waste

Nbote:
Imagine the foolishness of both a people and it's useless govt.. Instead of providing palliatives to ease the hike in prices of petrol by providing cheaper transportation options and alternatives, the ediots choose to share grains. Now the same govt claim it had grain reserves so what are they doing buying up and mopping up the market and thereby leading to more increases

NzogbuNzogbu:
Tinubu is almost spending half a year in governance, nothing to show except more hardship

Mind you the party he midwifed have done 8 fruitless years of waste

Brendaniel:


Oga that theory has not helped Nigeria since Buhari closed, it was purely counter productive, if the borders are opened people will source for dollars from anywhere available including outside Nigeria to import and make money, It is not only the CBN that provides dollars, the production you are talking about the same government is killing the manufacturing sector and a lot of farmers are not feeling safe farming.

The truth is Tinubu partnered with Buhari to destroy Nigeria for their selfish ambitions.....

Khyrvxjzy:



half a year?

oro yin kin se oju lasan

CodeTemplar:
Comprehend before replying. Borders can be open but local production must be prioritized otherwise the naira will lose value and the foreign goods that look cheap at the moment will become costlier locally again.

Beremx:
Tinubu should open the border unconditionally for Nigerians to buy rice at cheaper rate. With the way things are going, a bag of rice might cost 100k before the end of the year.

SMH

NzogbuNzogbu:
Tinubu is almost spending half a year in governance, nothing to show except more hardship

Mind you the party he midwifed have done 8 fruitless years of waste

CodeTemplar:
Comprehend before replying. Borders can be open but local production must be prioritized otherwise the naira will lose value and the foreign goods that look cheap at the moment will become costlier locally again.

That means you will need forex for import and most likely run to CBN, then cry that emefiele finished all the dollar again.

Instead, let's embrace production and substitute imports as much as possible.

Charly68:
When the Govt is working hard to ensure the local market is promoted ,the business men are busy creating the problem that Govt is striving to solve.. only a strong headed man can govern this nation

nairalanda1:


Yeah, it sounds like a nice idea, of

1,Putting more strain on our dollars...we don't pay for imports in Naira you know.

2.Putting local rice farmers out of business.

shox:
what’s the difference now.

The farmers are in business and the food is getting expensive.

nairalanda1:


So would you sell bread that should cost N1000 at N100 a loaf , assuming you sold bread, because you want to help the poor?

CodeTemplar:

That means you will need forex for import and most likely run to CBN, then cry that emefiele finished all the dollar again.

Instead, let's embrace production and substitute imports as much as possible.

nairalanda1:


Yeah, it sounds like a nice idea, of

1,Putting more strain on our dollars...we don't pay for imports in Naira you know.

2.Putting local rice farmers out of business.

ballmer:
it's so hard to be an agbadorian,I got a paltry one derica of rice

holysaint1:


Out of business you say

Just try to find out the level of inflation in the land compared to the purchasing power of the farmers.

Only then will you understand that they (the farmers) are even worse of.

Nextt:
What do you expect? How do you think that making large purchases of rice will not cause a spike in the price of rice? FG still thinking like a secondary school student.

CodeTemplar:

That means you will need forex for import and most likely run to CBN, then cry that emefiele finished all the dollar again.

Instead, let's embrace production and substitute imports as much as possible.

RenaissanceGuy:
Imagine how very ineffectual this govt is. What's the difference between Tinubu and Buhari now?? Where's the commonsense in attempting to share food stuff to 150 million poor people when the bulk of the money will be embezzled and those who have money to buy will be further thrown into the den of hyperinflation??

nairalanda1:


Yeah, it sounds like a nice idea, of

1,Putting more strain on our dollars...we don't pay for imports in Naira you know.

2.Putting local rice farmers out of business.