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Nairaland Forum / Nairaland / General / Travel / Weak Naira Slows Down Japa Rate (25381 Views)
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Re: Weak Naira Slows Down Japa Rate by Smartguyboy(m): 10:38am On Feb 01 |
emkz:Will you tell that to politicians who na spray dollars in occasions in Nigeria? 1 Like |
Re: Weak Naira Slows Down Japa Rate by TheBillyonaire: 10:46am On Feb 01 |
The Naira/Dollar rate is an illusion created to make you loose your sense of Self. Laziness must be conquered. It is either you recognize that you are lazy, and grow up, or you japa, and suffer small to defeat the laziness. The result will be a built up human being either way. If you had built yourselves up, you would not have had the need to travel to faraway country. As business men, we say Bleep dollars/Naira rate. we Increase the price of our commodity or service to match shopping price index and maintain our standard of lives, You people are too lazy. You will learn the hard way. Learn a skill, it is free to learn a skill that pays much. 1 Like 1 Share |
Re: Weak Naira Slows Down Japa Rate by Kionrae: 10:54am On Feb 01 |
JASONjnr:na here e green 1 Like |
Re: Weak Naira Slows Down Japa Rate by theredaddy: 11:14am On Feb 01 |
emkz: It wasnt really a problem until Nigerians eye were open to the difference between official fx and black market, Naira present free fall stems from the two market difference, people are majorly collecting Fx at official rate to trade and amass wealth not really for productivity If Govt can find a legal means to wean Nigerians off Dollar it will go a long way to solve Naira free fall 2 Likes 1 Share |
Re: Weak Naira Slows Down Japa Rate by anyination: 11:15am On Feb 01 |
Your opinion.. Japa here I come |
Re: Weak Naira Slows Down Japa Rate by maasoap(m): 11:23am On Feb 01 |
LagosG: And that is hurting our economy real bad. I was really sad when I read about some govs telling workers to come to work three days a week as a result of high price of fuel and transport. What we're losing individually and as a nation for removing fuel subsidies far surpass what the Govt claim is the gain |
Re: Weak Naira Slows Down Japa Rate by emkz: 11:30am On Feb 01 |
Smartguyboy: Actually we can. We are too docile in Nigeria and fear our politicians. The day our eyes open, our politicians will begin to fear us. When they spray dollars, take pictures and share videos of him to your constituents. Replay those videos every week until elections. Embarrass him until he begs. When he comes for elections, use thise videos to campaign against him. I mean, why would Dino's people vote for him knowing the kind of person he was? I don't blame our politicians. I blame us for not knowing the power we have over them. We are their bosses, not they our bosses. |
Re: Weak Naira Slows Down Japa Rate by Nwaajasa: 11:32am On Feb 01 |
JASONjnr:you are a deceiver 1 Like |
Re: Weak Naira Slows Down Japa Rate by emkz: 11:33am On Feb 01 |
theredaddy: Na our people take our hand spoil country. We use the dollars as if we print it. What we should be discussing and putting pressure on the government are cost of food items, transport and hardship. But to me, the most important commodity in Nigeria is dollars. Who swear for us? |
Re: Weak Naira Slows Down Japa Rate by maasoap(m): 11:40am On Feb 01 |
blowjohn: The huge amount of money they paid for rent, where did they get it to begin with? 1 Like |
Re: Weak Naira Slows Down Japa Rate by 79733139(m): 11:45am On Feb 01 |
bennybuhari: ![]() |
Re: Weak Naira Slows Down Japa Rate by Error401: 11:51am On Feb 01 |
And thats why we married USDT. Una think say una wise abi? We wise pass una! iwaeda: |
Re: Weak Naira Slows Down Japa Rate by theredaddy: 11:55am On Feb 01 |
emkz: Even if we put so much pressure on the govt, the buck does not end at there table, the reality is that inside and outside the govt there are too many saboteurs, As For cost of food, insecurity is one major challenge, if farmers can farm freely there we be abundance normally that should drive down the price of food items I think we need to pause, maybe reset the whole system sef, cos there are too many lacuna in the present system saboteurs are so accustomed to and exploring freely Govt need to carry us go where we no know, cos conventional theories won't work on Nigerians cos we love fast money |
Re: Weak Naira Slows Down Japa Rate by emkz: 12:11pm On Feb 01 |
theredaddy: I agree with your point. But resetting the whole system would require a dictator because the problem has been engrained deep into the blood of the society. One thing we can do as a government is make these things difficult. For example, why do politicians even have easy access to public funds? If you are paid to do a contract and you don't do it, we seize your assets and send you to prison. Look at the recent explosions in Oyo State. No one has been arrested and 5 people died. Look at oil theft, not one oil thief has been jailed. Look at EFCC, they claimed a church was a conduit for money laundering and terrorism, yet cannot mention the name of the church. We cannot run a society like this. Our leaders know what to do, but they have their hands too deep in the dirt to be able to address the issues. 1 Like |
Re: Weak Naira Slows Down Japa Rate by theredaddy: 12:14pm On Feb 01 |
emkz: You nailed it, God help us |
Re: Weak Naira Slows Down Japa Rate by Blitzking: 12:31pm On Feb 01 |
Focusmind:Swears... |
Re: Weak Naira Slows Down Japa Rate by Sunkyapogee(m): 12:46pm On Feb 01 |
nstore:There is always a breaking point bro |
Re: Weak Naira Slows Down Japa Rate by Raxxye(m): 1:01pm On Feb 01 |
JASONjnr:Just shut up! 1 Like |
Re: Weak Naira Slows Down Japa Rate by Drone95(m): 1:12pm On Feb 01 |
Sevis fee wey I dey save don go up . ![]() |
Re: Weak Naira Slows Down Japa Rate by Annie2059: 1:45pm On Feb 01 |
Pls does anyone know how I can transfer money at good rate from my local naira account to a foreign account abroad? |
Re: Weak Naira Slows Down Japa Rate by themanderon: 3:22pm On Feb 01 |
Who can blame those guys that escape the hellhole from the rudder of a ship? Till the people rise up and hold the criminals in government to account Nigeria is going nowhere. 1 Like |
Re: Weak Naira Slows Down Japa Rate by OChimex: 3:29pm On Feb 01 |
1 Like |
Re: Weak Naira Slows Down Japa Rate by studyless123: 3:54pm On Feb 01 |
emkz: Your points are in order. It also shows an understanding of some aspects of the economy and solutions to these problems. Unfortunately these issues are complex and there have been no willpower on the part of govt to address them. Like I've pointed out before part of the issue have been our currency have been undervalued for years...what that means is many of us preferred buying USD and the govt was subsidizing the USD. This led to the emergence of the black market and what have you. I knew we will get to this stage....when you spend billions of USD defending the Naira, one day you will run out of funds. That's why when people complain about the USD rates, I tell them I don't care about the rates but stability of the currency and purchasing power parity. The undervalued currency have repelled investors for decades. Roundtripping was promoted by the CBN for years and many students and travelers took advantage of it. What I've noticed is that Nigerians only hope for the "opportunity". Many of those complaining and govt antagonists ![]() Now the main issue is liquidity, most of the policies of the CBN so far have been brilliant, the banks are culpable in this crises ![]() In simple terms a comprehensive and coordinated approach involving monetary, fiscal and structural policies and then implementing strategies to increase the country's Fx. |
Re: Weak Naira Slows Down Japa Rate by studyless123: 4:05pm On Feb 01 |
TheBillyonaire: I'm surprised to see that because I said the same words to someone last week. It's a game that must be played to win. Many will fizzle out but we will always survive. It's true that many Nigerians are lazy and others are spending time making babies. Right now we're reviewing our strategies for 2025/26. ![]() |
Re: Weak Naira Slows Down Japa Rate by seborrhic: 5:47pm On Feb 01 |
blowjohn:It's mainly opened by Yahoo guys that "hammered".They have no other initiative and see it as cover incase their source of livelihood is questioned. 1 Like |
Re: Weak Naira Slows Down Japa Rate by JASONjnr(m): 6:04pm On Feb 01 |
Biola67: I did a scholarship study in the US. I will tell you that, life is expensive out there. And laws aren't what you joke with. Also, laziness isn't what is expected of a black dude. A white guy can be lazy and do drugs and the laws will blame the blacks for it. Again, it's not greener out there. If you have your games together, you can prosper here and you can only travel for vacations there. Have you ever wondered why people like Davido or WizKid aren't based over there? I can't explain, but I just want you to know that, going abroad is perfectly ok and educational and exposure for people. But sometimes, it's really okay to stay back and enjoy your mother country. Depression almost killed me. And I was sex-starved. I'm telling you, this was years ago. |
Re: Weak Naira Slows Down Japa Rate by tensazangetsu20(m): 6:12pm On Feb 01 |
JASONjnr: You have zero game. Sex starved in the US of all countries. So Nigeria is currently better than the US. I hope you are back to Nigeria ![]() ![]() ![]() |
Re: Weak Naira Slows Down Japa Rate by Biola67: 6:21pm On Feb 01 |
JASONjnr:No evidence. |
Re: Weak Naira Slows Down Japa Rate by blowjohn(m): 7:43pm On Feb 01 |
maasoap: Honestly I don't know. Some will just buy th space and put flower vases |
Re: Weak Naira Slows Down Japa Rate by cattylove7(f): 7:59pm On Feb 01 |
Maybe its the government's plan all along for nobody to go anywhere wicked governments www.cattylove.com |
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