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Nairaland Forum / Nairaland / General / Business / Kingsley Moghalu Reveals The Problem With The Naira (24923 Views)
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Re: Kingsley Moghalu Reveals The Problem With The Naira by Coolsat(m): 1:45pm On Jan 26 |
Barryseal:And who was the right man? Bro all of them are the same and I support that revolution thing she mentioned. Na the only way to bring sense back to naija bdat |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Barryseal: 1:46pm On Jan 26 |
Coolsat:You will go back in time and vote him or call for the election cancellation? What exactly will you do if I told you? |
Re: Kingsley Moghalu Reveals The Problem With The Naira by codemaniacs: 1:48pm On Jan 26 |
blueAgent: If you don't understand how global economics works then keep quiet. you are the clown.. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by TruthsFM: 1:51pm On Jan 26 |
We keep on consuming but not manufacturing, there will be great danger in our economy. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by bjcole(m): 1:55pm On Jan 26 |
emkz: I gave you facts that your principal and the president is dull, and you ran away because you don't have any points. You said govt should ban the use of dollars. Who would ban the use of dollars? Is it the same president that was parading bullion vans on election day and also sharing dollars to delegates to sway them for votes. Nigerians always think they can escape the consequences of their actions. Welcome to the era of free fall of Naira. 2 Likes 1 Share |
Re: Kingsley Moghalu Reveals The Problem With The Naira by blueAgent(m): 1:58pm On Jan 26 |
codemaniacs: In your mind now, you wrote something reasonable? Stop murdering Economics. Clown. ![]() |
Re: Kingsley Moghalu Reveals The Problem With The Naira by blueAgent(m): 2:04pm On Jan 26 |
Johncuppa: Does he has anything else to offer, except taxation? When he was Governor of lagos, did he diversify lagos state Economy? How many industries did he bring? The clown is a big failure. 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by tete7000(m): 2:08pm On Jan 26 |
The truth is that we don't even earn enough from oil. Our oil industry has gone moribund. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by codemaniacs: 2:27pm On Jan 26 |
EreluRoz: Barryseal: Coolsat: Pusyiter: poseidon12: There can never be a revolution in Nigeria again because in Nigeria a revolution means attacking and destroying another ethnic nation ( tribe ) that is not your own ethnic nation. And Nigeria can never restructure because what you guys want to restructure into is what Nigeria practised after Independence which was regionalism which also led to the 1st revolution carried out by igbo soldiers. igbo soldiers who out of envy, hatred and jealousy falsely accused non-igbo politicians and non-igbo people of corruption, mis-appropriation of funds e.t.c and thereby hiding behind these false accusations of corruption against non-igbo leaders to carry out a revolution and killed leaders of other ethnic nations because at that time those other ethnic nations were doing better and were more prosperous than the eastern region which the soldiers hailed from and normal igbos since 1960 independence were losing the status the Bri:ts gave them of having well paying employment outside the eastern region because the regions began to hire indigenes to replace the igbos the brits had hired so igbos were not happy and their soldiers truncated and abolished regionalism and introduced the unitary system of government to get the revenue of all regions to the FG which the igbo soldiers through their revolution now controlled but their control did not last and once they lost control they started shouting dis-integration and return to regionalism. So in summary, all this talk about revolution is because another ethnic nation is doing better your own ethnic nation. and all this talk about restructuring is because the descendants of igbo soldiers and igbos who truncated regionalism now realise their ancestors made a very foolish mistake and they would be wealthier, richer than other ethnic nations and don't want to share their revenue with other ethnic nations so that they can start doing better than other tribes. even on Nairaland, some NL users falsely accuse rich people of doing rituals or illegal things to become rich... 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by TOMMYS: 2:53pm On Jan 26 |
Piroty: Forex |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Piroty: 3:24pm On Jan 26 |
TOMMYS: Yh |
Re: Kingsley Moghalu Reveals The Problem With The Naira by djon78(m): 3:34pm On Jan 26 |
For Nigeria to achieve this will require what its present generation of politicians appear to lack, for you cannot give what you do not have. The level of political will required to change course is extraordinary, and requires a focus on merit and competent technocratic management rather than crony- empowerment based on vested self interest. Until these fundamentals are fixed, there is little hope for the Naira. The world has changed from the days of our being awash with oil money. Many other countries that are not in OPEC now produce massive amounts of oil. Well outlined by Prof If we don't wake up to do the right thing Nigeria will be relegated to the backwaters of African not even the global economy Misfit politicians shouldn't be Manning the affairs of critical sectors of Nigerian Economy A stitch in time saves nine Time to get to serious business because time no dey again |
Re: Kingsley Moghalu Reveals The Problem With The Naira by djon78(m): 3:37pm On Jan 26 |
TruthsFM: And it's getting tougher for the Economy because wrong things are being done The elites and politicians won't hear But time is running out for the Nigerian Economy 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by djon78(m): 3:41pm On Jan 26 |
bjcole: When they talk you understand the level of there reasoning He is saying ban dollars Which country has done that Europe? Sophisticated China? Even Russia that's been fighting war with the West can't do that Talkless of an underdeveloped Nigerian Economy It's a pity these guys don't even understand what's facing us as a Nation |
Re: Kingsley Moghalu Reveals The Problem With The Naira by emmi14: 3:42pm On Jan 26 |
EreluRoz:Please elaborate of Bola Tinubu's good intentions and the project in place or suggested. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by emmi14: 3:50pm On Jan 26 |
rajiedreez:Speak for yourself and stop talking nonsense. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by rajiedreez: 4:09pm On Jan 26 |
emmi14: I do not know you o but with this comment, you're part of the problem of this country 😉 |
Re: Kingsley Moghalu Reveals The Problem With The Naira by TruthsFM: 4:15pm On Jan 26 |
djon78:Nigeria Economy has totally destroyed, it’s the survival of the fittest in Nigeria 🇳🇬 |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Queengee: 4:30pm On Jan 26 |
gabicon: g |
Re: Kingsley Moghalu Reveals The Problem With The Naira by nairamaniac: 4:53pm On Jan 26 |
Piroty:are you referring to forex trading ND similar stuffs? |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Growing(m): 4:55pm On Jan 26 |
Very sensible. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Tranquility2345: 5:21pm On Jan 26 |
mariahAngel: I wanted to invoke Yamayama on the bald head of the unfortunate person wey write this thing until I realize say na you. Take time o ![]() |
Re: Kingsley Moghalu Reveals The Problem With The Naira by adefitim(m): 5:24pm On Jan 26 |
Reno Omokri as talked about this extensively. He even advised Nigerians to dump MTN for Glo, drop Foreign cars for Innosson and other Nigeria manufactured ones |
Re: Kingsley Moghalu Reveals The Problem With The Naira by macklef(m): 5:50pm On Jan 26 |
Primebuilders:That's why Alison madueke can never be poor |
Re: Kingsley Moghalu Reveals The Problem With The Naira by seguno2: 6:38pm On Jan 26 |
Re: Kingsley Moghalu Reveals The Problem With The Naira by seguno2: 6:39pm On Jan 26 |
adefitim: Is that why Reno’s boss, Atiku lives in Dubai ![]() 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by jojothaiv(m): 6:57pm On Jan 26 |
For Nigeria to achieve this will require what its present generation of politicians appear to lack, for you cannot give what you do not have. This is a subtle attack sha, many Nigerians don't really expect much from this current crop of leaders to be honest, those who were bullish about it are on the side of indifference now. |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Tonytonex(m): 7:08pm On Jan 26 |
Piroty:to start trading sir. I can look for someone to put me through on the basics. N.B. how much do people charge for teaching it? |
Re: Kingsley Moghalu Reveals The Problem With The Naira by Tonytonex(m): 7:18pm On Jan 26 |
adefitim:Reno is not always right. Do you know how many Nigerians MTN has employed? And how much Nigeria is getting from tax? The MTN recharge cards you are buying, is it not in Naira? So if MTN should pack and go like other companies are doing, na Nigeria go hear am pass. Reno is benefiting from the Naira falls because he's earning in dollars. He won't tell you that. 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by flipteche: 7:58pm On Jan 26 |
Re: Kingsley Moghalu Reveals The Problem With The Naira by BreconHills(m): 8:10pm On Jan 26 |
codemaniacs: No support abi? Was your manufacturing sector ruined by bombs or by bad government policy? Did your currency lose value because exports were impossible and cigarettes were more valuable than local currency or because export base was neglected. Loads of entitlement in your statement. US and Europe owe us nothing. Re Nigerian drivers - no comment. Ok. 1 Like |
Re: Kingsley Moghalu Reveals The Problem With The Naira by BreconHills(m): 8:20pm On Jan 26 |
codemaniacs: The issue is not who got help. Nigeria did not deserve help. But let's leave that. Did the Marshall plan also give Germany an obsessive attention to detail? The Japanese the highest rate of domestic savings globally or did the plan give the Koreans the ability to innovate products. Let's leave these countries and jump to Singapore - did the UK give the Singaporeans the ability to ruthlessly prioritize. Like I said earlier re Nigerian motivation drivers - there is no need to argue with you because popular culture is replete with the fear of shame and being overtaken " God no go shame us" " I better pass my neigbour" gens. You can speak for yourself but I am very confident that Nigerian competition and hassle is not to create world class products but in the main to avoid shame and being left behind. I stand by that. |
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