Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,206,469 members, 7,995,831 topics. Date: Wednesday, 06 November 2024 at 04:30 PM

Floating Naira: Importers Abandon Tokunbo Cars At Seaport - Business (8) - Nairaland

Nairaland Forum / Nairaland / General / Business / Floating Naira: Importers Abandon Tokunbo Cars At Seaport (51117 Views)

What exactly Is The Benefit Of Floating The Naira? / Traders In Ladipo Market, Lagos, Abandon Their Shops And Run As Gun Men Attack / Documents You Need To Clear Your Vehicle At Seaport (2) (3) (4)

(1) (2) (3) ... (5) (6) (7) (8) (9) (Reply) (Go Down)

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Lanretoye(m): 9:37am On Sep 29, 2023
RingRoadMafia:
I thought they said that this ugly baboon is a strategist? I hope yall can now see what we who lived in Lagos during his tenure as governor saw that made us refuse to support him.

We warned you guys that this mad man was riding on the success of Fashola, you people resufed to listen. If I talk now, some Ozuor will accuse me of being Igbo.



This was how you people gaslighted Nigerians for 8 years under Buhari, we persevered and endured untold hardship after being told that our sufferings will soon end, now you people are doing it again under Tinubu. By the time Nigerians realise what is going on, we may no longer have a country.

Pray tell, who's mess is Tinubu cleaning? Because it sure isn't Jonathan's. That ship has looooooong sailed. I mean, it's already too far gone to blame Goodluck now so who should we blame? Why aren't we blaming anyone again? Buhari spent more than 6 years blaming Jonathan until it stopped working. So why is everywhere silent? Why aren't we playing the blame game again?

Imagine how woefully this man is performing despite the fact that he's under pressure to impress Nigerians and the Supreme Court Justices. Imagine what will now happen if peradventure he's affirmed by the S.C? Una go learn.

APC IS EVIL INCARNATE!
THE EARLIER NIGERIANS REALISE THIS AND PURGE THEM OUT OF THIS COUNTRY, THE BETTER FOR US AND OUR CHILDREN.

A WORD IS ENOUGH FOR THE WISE.
if you commit suicide,you will be doing your self a lot of good.if life don tire you,just die abeg.

1 Like 1 Share

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by UnfairLife7(m): 9:41am On Sep 29, 2023
Michaelin007:

Thanks for your submission.
I’m a Nigerian youth in my twenties. I secure my first job a month after service. Have change Job three times and currently I work at the comfort of my home. The population of Nigeria keep growing exponentially. People give birth without a clear plan.
Currently I’m enjoying being a Nigerian. Have been a law abiding citizen and I can boldly says have never involve in crime or any fraudulent activities.
I make my money legally. What help me is simple, I think outside the box, keep improving my self. Everyday I ask myself what can I contribute to Nigeria. What problem can I solve. Nigeria need a lot of problem solver. You don’t need a total enabling environment to thrive. Even with this current situation, a problem solver will thrive. People have problems and they are looking for solution. If everyone can start thinking of solution and stop complaining, Nigeria will be great.

It’s only in Nigeria I see people want you to fail all because you share different ideology.
The government need our support, if you feel they are doing something wrongly, instead of complaining provide a clear cut solution. In fact suggest solutions. Then we gonna have a community that’s ready to thrive.
Lol

Your government claimed they're capable of the task isn't it? What birth emilokan please? All past government and present once claimed they're capable of the task even though sane Nigerians know they have nothing to offer them. Why should we provide solutions to what you're being employed for please? Tinubu and others got elected on the basis that they're the best amongst others capable for the job.

If you're being employed as a teacher, will they still help you to teach the students? Stop being clever by half young man. Your leaders claim to be the best after bread and butter and capable of the task. You want Nigerians to continue to die in silence right? I laugh at you in Swahili if that's your mission. If you care to know, once hardship is getting too much in the country it could resist to anarchy. You're not safe with that your job. Have you ever wondered why people are running away from the country? Or you think all of them are just after making money abroad? Some are running for their safety if you care to know. Their family aren't safe living amongst the poor that could barely feed daily.

I love the fact that you're earning millions in your early 20s but sadly, there are millions of other Nigerians roaming the streets on a daily basis jobless. There are millions of Nigerians that doesn't know where their next meal will come from. That doesn't make you better than them if you care to know. Once it gets to the stage that an average Nigerians cannot afford 3 square meal daily then it's obvious even to the blind that your government has failed woefully.

You're only clever by half that's the truth. Being patriotic doesn't mean you shouldn't criticise the government in their shortcomings. You put them in that office. You have the power to recall them back.

Change your wack mentality of asking an average Nigerians that could barely feed what's their contribution to the country when they're obeying the law of the land as a citizen. Even rich Nigerians doesn't have any right under the constitution to contribute their resources in the country. Only our commonwealth resources shared amongst those corrupt leaders are meant for the good of the land.

Peace

1 Like 1 Share

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by paragon10(m): 9:44am On Sep 29, 2023
UnfairLife7:
Lol

Sense of entitlement to their responsibility? Sense of entitlement with their pockets money? Maybe you think you're talking with a toddler

I should start a humanitarian project with which money? Did your government provide jobs for the teeming youths? Did they provide enabling environment? Is your life secure up northern region? Can you confidently go to farm in the northern region without fear of bandits, herdsmen, kidnappers et al?

What are the provisions put in place for those youths corpers after service? Why do we continue to have high rate of unemployment and poverty in the country? Can you boast that an average Nigerians can afford 45k+ for a bag of rice? Can an average Nigerians afford descent meal daily?

Your leaders shared cups of rice and garri as palliative to few fractions of Nigerians. Does that make sense to you in this age and time? If you failed your citizenship education in high school, then i suggest you go back to it once again

My responsibility as a citizen is to obey the law. Government responsibility as leaders representing Nigerians across the federation is to provide adequate security of lives and property, job opportunities, quality education, quality healthcare, eradicate poverty, descent wage, infrastructure et al.

Stop being clever by half. You're not more Nigerian than others.
I love your response.... it's a shame that alot of Nigerians don't know what they deserve and that's why someone in his right senses would be defending these nonsense leaders.

2 Likes 2 Shares

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by paragon10(m): 9:55am On Sep 29, 2023
UnfairLife7:
Lol

Your government claimed they're capable of the task isn't it? What birth emilokan please? All past government and present once claimed they're capable of the task even though sane Nigerians know they have nothing to offer them. Why should we provide solutions to what you're being employed for please? Tinubu and others got elected on the basis that they're the best amongst others capable for the job.

If you're being employed as a teacher, will they still help you to teach the students? Stop being clever by half young man. Your leaders claim to be the best after bread and butter and capable of the task. You want Nigerians to continue to die in silence right? I laugh at you in Swahili if that's your mission. If you care to know, once hardship is getting too much in the country it could resist to anarchy. You're not safe with that your job. Have you ever wondered why people are running away from the country? Or you think all of them are just after making money abroad? Some are running for their safety if you care to know. Their family aren't safe living amongst the poor that could barely feed daily.

I love the fact that you're earning millions in your early 20s but sadly, there are millions of other Nigerians roaming the streets on a daily basis jobless. There are millions of Nigerians that doesn't know where their next meal will come from. That doesn't make you better than them if you care to know. Once it gets to the stage that an average Nigerians cannot afford 3 square meal daily then it's obvious even to the blind that your government has failed woefully.

You're only clever by half that's the truth. Being patriotic doesn't mean you shouldn't criticise the government in their shortcomings. You put them in that office. You have the power to recall them back.

Change your wack mentality of asking an average Nigerians that could barely feed what's their contribution to the country when they're obeying the law of the land as a citizen. Even rich Nigerians doesn't have any right under the constitution to contribute their resources in the country. Only our commonwealth resources shared amongst those corrupt leaders are meant for the good of the land.

Peace
Your post deserves millions of likes
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Judybash93(m): 10:09am On Sep 29, 2023
Eti ri nkankan...
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Coolgent(m): 10:22am On Sep 29, 2023
coldsummer:
Cars have become so expensive. I bought a car and everything spent in that car from America to Nigeria was like 6.5. Someone has priced that car for 10.8. Still didn't sell.
Profit pf 4.3m
Why not sell it?
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by lawani: 10:26am On Sep 29, 2023
JASONjnr:
The same person whom we were told did miracles in Lagos compared to other governors of his time.

We were asked to go and visit Lagos and see the wonders he performed.


I told them, this man asked Buhari to print more currencies and employ 50 thousand youths into the Nigerian army and feed them with agbado and pay them nothing.


They said he graduated with first class in accounting. Now, he floated the naira and give it a free way access....


Food stuffs are now 500times expensive more than what ordinary Nigerians would afford.

Somebody with no basic common sense can succeed as a leader if he or she has good advisers. Why do you think floating the naira is wrong?. Don't you know it is criminal for the CBN to be selling dollars at 450 while it is 750 in the open market across the road?. Which other country is such happening and they even seize dollar that does not belong to them!. Even till now. So far you are not able to access your own dollars in cash and change anytime you want then the naira is not yet floated fully. It is not yet a free market but the value is still determined by the printing of money they do anyhow to replace taxation
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Dedeity: 11:06am On Sep 29, 2023
NSNO:
I don't support Tinubu but floating the naira and removing subsidy was the best thing to do.
Alot of Nigerians don't understand how bad our economy is, they think its just to build roads and start farming etc.
Nigeria's economy needs a complete overhaul and the measures taken yet are just the beginning.
More hardship is on the way but like the saying the darkest hour is just before dawn, Nigeria's dawn is almost here, we just have to endure the darkness a little longer.
Tinubu doesn't have what it takes to fix Nigeria. Stop deceiving yourself or having false hope

1 Like

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Gandrova: 11:12am On Sep 29, 2023
Why can't the Custom reduce the cost of clearance, instead of allowing the cars to be left forgotten
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by ufotunang: 12:34pm On Sep 29, 2023
Itsrm:


Have you gone to price this innoson car? This is the voodoo economics we keep talking about. Ban importation or increase import duties and make imported items very expensive. The alternatives that are locally made are even more expensive
... what makes those cars expensive..is the high costs of producing the cars ...due to the harsh environment of doing business in nigeria...no constant electricity light, high costs of fuel , disel in running the company with generator, bad roads, multiple taxation, 1000 naira to a dollar all this causes the costs of production to be high ..and if its expensive...the rich nigerians that can afford the expensive innoson cars do not buy the car...they prefer to buy expensive luxurious foreign cars ..it's hardly to see a rich man and politician driving innoson motors in nigeria...the all go for foreign cars . because they do not value what they have in nigeria
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by ufotunang: 12:37pm On Sep 29, 2023
olaniyilukman:
God bless you bro, if we started producing most of the products we consumed locally and we source for raw materials locally, demand for dollars will drastically reduced and our local currency will regain its strength back
..yes ..you are saying the truth 🌹
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by coldsummer: 12:53pm On Sep 29, 2023
Coolgent:

Profit pf 4.3m
Why not sell it?

I would have sold but I'll need to use the vehicle when I visit in November. If I sell now I won't be able to have another car available there before my arrival. Makes sense?
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by coldsummer: 12:54pm On Sep 29, 2023
ChybuzzDD:


Why??

Because a profit of 4.3m in a single business is not enough for you?

If that's the case, can you tell us how you're different from the greedy and corrupt Nigerian politicians we complain about/curse here every day??

You and I are not the same. One way thinker
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Elxandre(m): 1:12pm On Sep 29, 2023
rapheal5:
Do you know that PHCN now force prepaid meter for free on area where there's constant electricity supply, there by ripping them off...while area with little or no electricity supply beg or bribe their officials to buy meter from them... Corruption every where....
How is prepaid meter ripping customers off?
Thought it's advantageous?
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by emmanuelbrown26: 1:42pm On Sep 29, 2023
Chetas81:
Abbbi them go use talked and lie spoil everything, they will begin to cry
That's typical Yoruba for u.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by TANID(m): 1:43pm On Sep 29, 2023
PotatoSalad:
This my friend. You're still alive. Tanid!! grin
haa! Oga potatoSalad i dey loyal long Time

1 Like

Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by emmanuelbrown26: 1:44pm On Sep 29, 2023
ariesbull:
Yoruba are bad managers watch companies they manage in Nigeria
Very well. Having worked with them and managed some of the businesses they were involved in, I can categorically tell u that u are 100% right, they are not good managers at all.
They are so aggressive in doing business, they don't know how to negotiate business and tactics in business
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by NSNO(m): 2:12pm On Sep 29, 2023
franugo:


Firstly, the naira was not really floated against the dollar, they just pegged it at the current dollar rate at the time which alleviated the pressure on the naira at the time, but like some of us were advising then, it doesn't really solve the issue of fx unavailability long term as we see now with the black market rate rocketing to over 1,000.
Secondly, what exactly is being done that makes you believe that the darkness is almost over? I'm not gunning for a fight honestly, just really curious
I like your attitude.
We are trying to tackle the elephant in the room. I supported and voted for Obi because I felt he would have the boldness to take the hard decisions our economy desperately needs. I felt Tinubu and atiku will not be able to do anything because they are benefiting from the system but Tinubu is taking the exact decisions I expected Obi to take.
You will agree with me that Nigeria's economy is bad, very bad and if we don't want Sri Lanka to happen to us, hard decisions need to be made. Tinubu is making them, he has not fully convinced me but he is doing much better than I anticipated.
Thanks.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by NSNO(m): 2:20pm On Sep 29, 2023
Afotinu:



God punish you, I don't blame you, shebi your parents are still feeding you.
Learn how to disagree without insults.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by NSNO(m): 2:22pm On Sep 29, 2023
raskymonojendor:

The plaster was ripped off from the wound with the subsidy removal and floating on naira to get it's TRUE value. No point living a fake life. We are now seeing what the Nigerian economy is for really what it is. The Nigerian economy at large was a lipstick on a pig. Now we can rebuild after accessing how bad it really is.
That's my point, our economy is BAD and we need to start taking drastic actions to make it better.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Coolgent(m): 2:37pm On Sep 29, 2023
coldsummer:


I would have sold but I'll need to use the vehicle when I visit in November. If I sell now I won't be able to have another car available there before my arrival. Makes sense?
Yes o
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Emu4life(m): 4:02pm On Sep 29, 2023
NSNO:
I don't support Tinubu but floating the naira and removing subsidy was the best thing to do.
Alot of Nigerians don't understand how bad our economy is, they think its just to build roads and start farming etc.
Nigeria's economy needs a complete overhaul and the measures taken yet are just the beginning.
More hardship is on the way but like the saying the darkest hour is just before dawn, Nigeria's dawn is almost here, we just have to endure the darkness a little longer.
I would have believed this sh!t in 2015, same balderdash Buhari spewed...... Abegii
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by lawani: 4:36pm On Sep 29, 2023
emmanuelbrown26:

Very well. Having worked with them and managed some of the businesses they were involved in, I can categorically tell u that u are 100% right, they are not good managers at all.
They are so aggressive in doing business, they don't know how to negotiate business and tactics in business
Why then are the Yoruba the most successful business men and CEOs from Africa?. Including in Nigeria, Europe and North America?. Though population size is also a factor.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by emmanuelbrown26: 5:04pm On Sep 29, 2023
lawani:

Why then are the Yoruba the most successful business men and CEOs from Africa?. Including in Nigeria, Europe and North America?. Though population size is also a factor.
What ratio did u use to come to d terms?
On an average Yorubas are bad in doing business sir. How many Yorubas can start up and still. Maintain it
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by YoungDaNaval(m): 5:31pm On Sep 29, 2023
Billyddude:



This your ogogoro analysis....the phone you are using to type this crap, are you the manufacturer or was it imported kuku find other options like going to nitel office to make calls
Good one
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by franugo(m): 5:39pm On Sep 29, 2023
NSNO:

I like your attitude.
We are trying to tackle the elephant in the room. I supported and voted for Obi because I felt he would have the boldness to take the hard decisions our economy desperately needs. I felt Tinubu and atiku will not be able to do anything because they are benefiting from the system but Tinubu is taking the exact decisions I expected Obi to take.
You will agree with me that Nigeria's economy is bad, very bad and if we don't want Sri Lanka to happen to us, hard decisions need to be made. Tinubu is making them, he has not fully convinced me but he is doing much better than I anticipated.
Thanks.

We all agree the subsidy had to go and i believe any one of the aspirants that won would have removed the subsidy, maybe not as quickly and shoddy as Tinubu did his. Tinubu's lack of foresight in the fx debacle has put us in a very bad state, his lack of proper planning for subsidy removal also has worsened the economy. Any honest scoring of this government will be an excellent failure, so once again I ask, why do you believe things will get better soon?
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Aboguede(m): 6:17pm On Sep 29, 2023
U need the slap that will reset ur destiny shocked
Explain the gain of floating naira as it is now and the gain of destroying the dieing economy

Anumanu grin

NSNO:
I don't support Tinubu but floating the naira and removing subsidy was the best thing to do.
Alot of Nigerians don't understand how bad our economy is, they think its just to build roads and start farming etc.
Nigeria's economy needs a complete overhaul and the measures taken yet are just the beginning.
More hardship is on the way but like the saying the darkest hour is just before dawn, Nigeria's dawn is almost here, we just have to endure the darkness a little longer.
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Abdulmodi: 6:22pm On Sep 29, 2023
STEWpid:
Chai..



Customs duty too high..

They said it's a policy to discourage importation,,

But what is Nigeria currently producing in similar vein to mitigate the effect??

Innocent motor





























Absolutely nothing!
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by lawani: 6:24pm On Sep 29, 2023
emmanuelbrown26:

What ratio did u use to come to d terms?
On an average Yorubas are bad in doing business sir. How many Yorubas can start up and still. Maintain it

I don't know which metric you are using but in most metrics of business, you find more Yoruba than Igbo. Highest paid CEOs of public companies, Nigerian founded companies with most employees, visible high net worth individuals and almost any metric you want to use but we must realize people living on Yoruba land in SW NC and SS are not less than eighty million or there abouts. On Igbo land in SE and SS the population will be under forty million. So that is the reason for the gap
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by Lisaint(m): 7:20pm On Sep 29, 2023
NSNO:
I don't support Tinubu but floating the naira and removing subsidy was the best thing to do.
Alot of Nigerians don't understand how bad our economy is, they think its just to build roads and start farming etc.
Nigeria's economy needs a complete overhaul and the measures taken yet are just the beginning.
More hardship is on the way but like the saying the darkest hour is just before dawn, Nigeria's dawn is almost here, we just have to endure the darkness a little longer.

Did he really remove subsidy?
If yes how much is brent now?
How much are we buying per liter ?
How much are we suppose to be buying it sir
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by emmanuelbrown26: 7:54pm On Sep 29, 2023
lawani:


I don't know which metric you are using but in most metrics of business, you find more Yoruba than Igbo. Highest paid CEOs of public companies, Nigerian founded companies with most employees, visible high net worth individuals and almost any metric you want to use but we must realize people living on Yoruba land in SW NC and SS are not less than eighty million or there abouts. On Igbo land in SE and SS the population will be under forty million. So that is the reason for the gap
On an average, an average Yoruba does not know how to manage a business, just give them entertainment that's just their calling
Re: Floating Naira: Importers Abandon Tokunbo Cars At Seaport by rapheal5(m): 10:36pm On Sep 29, 2023
Elxandre:

How is prepaid meter ripping customers off?
Thought it's advantageous?
Any meter given to you by phcn for free isn't free you will definitely pay for it but indirectly. secondly the meter you paid for is different from the one they force on you..Note: meter advantage is for those who lives alone not shared apartments and are not always around..You can't live as u like on prepaid meter if you are the type that works from home, there's limitation to house appliances like Aircon, hotplate, iron and pumping machine..

(1) (2) (3) ... (5) (6) (7) (8) (9) (Reply)

Photos Of Beautiful Daughters Of Northern Billionaires / Naira Exchange Rates Today / Is This Behavior Normal In Lagos? (pics, Video)

(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. 77
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.