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Nairaland Forum / Nairaland / General / Politics / Naira: Tinubu Will Shock Currency Speculators – Tope Fasua (26035 Views)
Cardoso, Tope Fasua And National Economic Recovery / Tinubu Appoints Tope Fasua As Special Adviser / New Naira: Tinubu Didn’t Direct Govs To Disregard Buhari – APC PCC (2) (3) (4)
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Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by phemmyfour: 7:22pm On Nov 07, 2023 |
daninfo:No evidence. Only evidence can shut the critic In developed Countries where things are working, most of them don't even know who's in charge not to talk of criticizing them |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Khyrvxjzy: 7:22pm On Nov 07, 2023 |
LeoDeKing: amen |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by SalamRushdie: 7:25pm On Nov 07, 2023 |
johnjose68: I will always be alive till I am over 90 years but I can't say the same for U 1 Like |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Kachidubem: 7:25pm On Nov 07, 2023 |
I can see the effect already From 806 in the morning to 786
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Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by FireUpNow(m): 7:27pm On Nov 07, 2023 |
You forget about all the foreign loans that your president is busy applying for abi? The naira floating policy aka devaluation. My guy park well. 1 Like |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by asanausana91: 7:31pm On Nov 07, 2023 |
Is there any shock that will passed the one he has done? Fuel from 180 to 700 within 24hrs of his administration. Dollar from 450 to 1300 within 3 months of his administration. Poverty rate from 70million to 134million within 3 months. 500 naira foodstuffs is now 5000 naira. Transport fare from 1500 to 6000(Jos-abuja). Naval boat to presidential yacht. What kind of surprised he will do that is more than this. 1 Like 1 Share |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by LeoDeKing: 7:32pm On Nov 07, 2023 |
dominic17:Mbok, simply say amen and move on since you know I'm enemy of Nigeria. No need for this inconsequential epistle. |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by grandstar(m): 7:34pm On Nov 07, 2023 |
I'll be honest, my confidence in the economic ability of this government to perform has started to wane. A lot of this is due to the CBN dilly dallying in tightening monetary policy. It needs to be far more hawkish regarding inflation. This man's statement of the Naira hitting 500-600 to a dollar seems fantasy. If even achieved, it will create a big budget hole in thr government. A target of 800-850 is more plausible. Frankly speaking, I see the Naira's long term value at between 1,000-1,150. 2 Likes |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Oluseyi001: 7:45pm On Nov 07, 2023 |
I hope this shock will be for the greater good and not a negative shock... cardiac arrest is real... |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Kachidubem: 7:46pm On Nov 07, 2023 |
grandstar:Okay...I checked your profile ... I see why you don't want the dollar to crash 2 Likes |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by aylive02(m): 7:47pm On Nov 07, 2023 |
LeoDeKing:. Oga shut up. You dey suffer. You are a piece of shit |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by LeoDeKing: 7:49pm On Nov 07, 2023 |
1 Like
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Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by matrixme(m): 7:52pm On Nov 07, 2023 |
Lol. Maybe we will padawa curse Peter Obi for contesting by the time Tinubu is done with us. Man seems to know what he's doing. If anything, you had to give it to them for a well intended plan and steady execution. No wonder Peter Obi's team is dwelling on something that happened in 1973 as their strong point to tie PBAT down. They're simply jealous that man has been executing all the nice ideas they crammed for the EluPee movement during their campaigns |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Blackdisciple(m): 7:53pm On Nov 07, 2023 |
Lolzzz wetin Buhari never talk... |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by nedu666: 7:55pm On Nov 07, 2023 |
Govt of we will |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by VeeVeeMyLuv(m): 7:58pm On Nov 07, 2023 |
Kachidubem: Black market (binance P2P) N1,103! 1 Like |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by YouAreNobody: 8:04pm On Nov 07, 2023 |
post=126844511:You're an enemy of Nigeria, that's why you keep defending bullshit |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by PHAYOL81: 8:07pm On Nov 07, 2023 |
We trust in GOD while we hope in his policies We believe NIGERIA will become great again GOD BLESS LAGOS (my residential) STATE GOD BLESS SOUTHWEST NIGERIA STATES GOD BLESS NIGERIA |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Kachidubem: 8:09pm On Nov 07, 2023 |
VeeVeeMyLuv:Aboki na 1010,980 Binance p2p is individual price... people put different prices dere including scammers I'm sure if I check that same p2p , I will find someone willing to sell or buy at 1050 So ,rest my dear |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Kachidubem: 8:09pm On Nov 07, 2023 |
VeeVeeMyLuv:Give us screen shot |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by weslay: 8:11pm On Nov 07, 2023 |
He can shock all he wants, we keep buying. The fundamental issues remain unsolved. |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by ufuosman(m): 8:11pm On Nov 07, 2023 |
We are waiting |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by grandstar(m): 8:11pm On Nov 07, 2023 |
mrvitalis: At 1,500, inflation will be way out of control. I feel a rate between 850-950 will be fine for. Such a rate leaves the Naira undervalued, reducing demand for imports, while at the same time making it strong enough to import goods and services. |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by mrvitalis(m): 8:25pm On Nov 07, 2023 |
grandstar:Do you know what's inflation? Instability of the currency cause inflation not exchange rate... With a States currency without 18 months everything would stabilize You don't have the money to keep naira below 1500 And once that shows more people would want more dollars which would increase exchange rate Peg naira at 1500 Petrol at 1250 a litre Minimum wage 95k Pump $5 billion yearly to local manufacturers Remove bottle neck from export, use diplomatic to sign the relevant agreements Get SON equipment to standardize export The resulting packaging industry alone can employ 1000s 1 Like |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by Fujiyama: 8:26pm On Nov 07, 2023 |
treesun: ^^^ This Fasua man is clearly at his wits end. treesun: ^^^ This is false. Where is this "agenda"? Before getting into power, Fasua's principal did not respect Nigerians enough to spend two (or three) hours explaining his economic vision for this country. He dodged any kind of question and answer session that would have shown Nigerians the total emptiness of this man - an emptiness that has been deceptively marketed and sold to the eternally gullible as...genius. He avoided the presidential debate stage because he knew his inadequacies would be fully exposed. Instead, he chose to go to a foreign country and "delegated" to others the duty of explaining his vision for Nigeria. We can all see the awful results now. So much for the "level of thinking" Fasua's fawning sycophancy refers to. Nonsense. treesun: ^^^ Get to work. Managing an economy is more than exchange rate management (important as that is) and appreciation of the Naira over a couple of days isn't cause for wild celebration. Just get to work. treesun: ^^^ This is what will eventually get you into trouble, Mr. Fasua. Stick to the economics and stay well clear of the politics. It isn't your job description to say who is (and who isn't) a patriot. Stick to the economics! 1 Like 1 Share |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by VeeVeeMyLuv(m): 8:31pm On Nov 07, 2023 |
[url][/url] Fujiyama:Their focus is now squarely on 2027 election, they don't give a damn about exchange rate or inflation rate. 2 Likes |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by VinnyBaba: 8:31pm On Nov 07, 2023 |
grandstar: So you Seriously believed that an APC Govt of BUHARI to Tinubu will succeed? 😏😒🤦🤦 |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by grandstar(m): 8:35pm On Nov 07, 2023 |
SpatialKing: Tinubu probably hates the billions for thr SUV's but he knows if does not cave in to their demands, they will frustrate him. 160bn is a small price to pay when trillions of Nairas are involved. With such constant bribes, he gets in return a rubber stamp senate 1 Like |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by SpatialKing(m): 8:36pm On Nov 07, 2023 |
grandstar: You are right God save Nigeria 🇳🇬 |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by VinnyBaba: 8:36pm On Nov 07, 2023 |
VeeVeeMyLuv: Very TRUE.👍 Dat's why they paid too much Attention to PETER OBI press conference yesterday.😏🙂 They are already thinking of how to Checkmate him.🤔🙂🙂 Instead of bringing Nigerians out of the Poverty their Father, BUHARI put the country into.😕😒 This APC/Tinubu govt has NOTHING to offer! |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by ufotunang: 8:45pm On Nov 07, 2023 |
When you do not value and patronize what you have in your country..you poiiticians buying foreign SUV cars, receive medical treatment abroad, attend foreign universities,. like importing then how do you expect the naira to have value |
Re: Naira: Tinubu Will Shock Currency Speculators – Tope Fasua by aviara: 8:50pm On Nov 07, 2023 |
Mr eBola the magician went to borrow several million dollars abroad and pumped into the forex market to stop currency speculators. The little gain of the naira is nothing but a smokescreen. Will he keep borrowing foreign currency to save the naira? |
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2023: ‘it’s My Turn’ – How Osinbajo, Amaechi Became Tinubu’s Foes / Breaking: Jonathan In Secret Meeting With Obasanjo / Okigwe Rerun: INEC Agent Caught With Ballot Papers & Prepared Results
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