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How They Are Deceiving Nigerians With Dollar And Naira Free Fall - Politics - Nairaland

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Throwback Picture Of President Tinubu, Rolling Dollar And Dele Alake / INEC Official Caught With Dollar Notes In Oworo, Lagos State. / See Official Vehicle Of NANS President.We Are Deceiving Ourselve InThis Country (2) (3) (4)

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How They Are Deceiving Nigerians With Dollar And Naira Free Fall by nairavsdollars(f): 7:26pm On Feb 06
Very simple logic...
They amass enough dollars and let the price to naira go high ( from N750 to N1500). They won't do anything to bring down the price during this period.

When it gets to N,1500 they sell the dollars and make enough naira.

Then they start shouting that naira rate to dollar is too high and they come up with some fictitious policies to bring the price down. Once it comes, they quickly but dollars again and wait for it to go high and sell.

The cycle continues...

Re: How They Are Deceiving Nigerians With Dollar And Naira Free Fall by immortalcrown(m): 7:37pm On Feb 06
No be lie.
Re: How They Are Deceiving Nigerians With Dollar And Naira Free Fall by slivertongue: 7:42pm On Feb 06
APC is a violent, racist, authoritarian entity that uses money and violence to distort democracy,

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Re: How They Are Deceiving Nigerians With Dollar And Naira Free Fall by budaatum: 8:06pm On Feb 06
nairavsdollars:
Then they start shouting that naira rate to dollar is too high and they come up with some fictitious policies to bring the price down.

When, pray tell, has Naira ever gone up against the dollar?

Re: How They Are Deceiving Nigerians With Dollar And Naira Free Fall by matify83: 8:44pm On Feb 06
That's what SLS called a rentier society.
Re: How They Are Deceiving Nigerians With Dollar And Naira Free Fall by Rexymania(m): 8:59pm On Feb 06
I don't understand your explanations

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