Hmm...

Why are some persons upset when the failings of government is called out especially when the people in government today where the first to criticise the previous people in government.

When dollar was exchanging at 216, BAT and Co harrased and insulted GEJ, organised protests, shut down the country and insulted. Nobody lashed out at them then except for those in government.

So why are some persons on social media suddenly hostile towards criticising the government that has taken it to N1,300? Is this a case of psychological disorder or just a case of being a nuisance on social media?

How can someone take something at N216, which he condemned, to almost N1900 and be behaving as if all is well. When sane Nigerians complained, he brings it down to 1200 and is expecting accolades and some clowns are saying it is an achievement. You destroyed a fine duplex and built a rickety shack and say you have done well. Isn't that madness?

Besides, the history of apc in power has shown they cannot be relied on. That is how the clowns supporting bat today, hailed buhari even when it was glaring that the country was nosediving. Today, that just a fraction of the recklessness of Buhari's government has been exposed, they are introducing tribal sentiments.

If the clowns had being reasonable enough to know that Buhari's government was bad, maybe we could have joined forces to keep them on thier toes and save nigeria from nosediving. Today, sane Nigerians continue to ask for an acceptable level of impactful management, yet, the same touts that supported buhari to brutally damage the common man are again at thier antics of supporting reckless and insincere management of the Economy.

What the economy needs right now is sincerity of purpose. There is nothing wrong if government openly admits it is defending the naira and the extent to which it would do so. This would allow for stability and openess.

Then go after the cabals that create problems. Don't shift the burden to Nigerians.

And to those always praising without thinking, realise that any so called improvement is a farce until the government is able to get things to pre-2015 levels.

In essence, the exchange rate needs to come down to N361 to $1 which would be the equivalent rate they criticised of what it was in 2014 at $1 to N216.

Then we can say they have fixed thier own mess. Anything below that can now earn them fully deserved praise.

CBN must do everything possible to ensure this doesn't happen again. Price of things are finally coming down, don't give them excuses to hike it again

StOla:


You are academically challenged.

Can currency exchange to a dollar appreciate from 1800 to 1000, as an upward movement?

Is that not a downward appreciation?

Olodo!

Guy stop nau, he's actually right, it's depreciate and not appreciate. Admit you made a blunder and STFU

omoh..........notin concern me,bt he dey mind..after all things still cost

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Abeg shift

I saw this coming, it's a no brainer. Nigeria does not earn enough foreign exchange to support naira. They were just using the foreign reserve to prop up the naira. It seems like they are running out of dollars now. It's probably going to get worse.

RuggedBiafran:
Bloody illiterate how can a currency be 'appreciating' downwards? Who employs you Agbadorians sef? Do they even check your literacy levels? Is this how useless education is in the SW?

To imagine, you and others disgracing yourselves constantly with grammatical blunders and you believe you are exposed?

Guy, go and refresh your wasted years in school, your education was a waste.. haba!

The correct terminology is 'depreciating downwards' .. shameless things..

you finished the banza👆😄

Naira just dey whine us sha.

Where is RENO OMOKIRI when you need him most.

He has gone silent waiting for PO to caught or laugh.

Ofunaofu:


https://www.vanguardngr.com/2024/04/naira-depreciates-to-n1300-in-official-market/amp/

Tinubu is working...

Keep your dollar closer!

Economy does not get swayed by propaganda and lies.

Watch how Paytriots blame every tom, dick and harry while exempting balablu and cardi B

RuggedBiafran:
Sharp GUY..

Your head get Oil...

Flow with the program and cash out bread...

Let RONU people be looking for Peter OBi news as vitamin supplements to cover hunger..

Igbos wants Nigeria destroyed if an igbo man is not president... Fake products people... Enikure se .. ema shofo bi omi efi ni... Na ailment go collect that wicked profit finish for your hand ... Disease wey no get cure go plague una kinsmen ... Eyin oloriburuku yi ... Enikure you and that aquilani abi Wetin be him name ... If na real estate una dey use the money iji lo ma wole na ... Eyin alaiye baje Yi ...

Beverlyjean:


Where on earth do people pray that their countries currency depreciates , so that they can make money out of it...mention one country.... Nigerians are truly abnormal people ....

those countries has patriotic leaders. Their leaders aren't corrupt like ours. They provide basic necessities for their citizens. Security, Job opportunity, healthcare, education, welfare et al. Reverse is the case in Nigeria. Your leaders are so corrupt. They've eaten the future of Nigerians. Imagine a country where people cannot feed. Ordinary food is now a luxury to an average Nigerians. What do you now expect from the masses?

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

”Appreciating Downwards”… How slow are you?

Villa12:
those countries has patriotic leaders. Their leaders aren't corrupt like ours. They provide basic necessities for their citizens. Security, Job opportunity, healthcare, education, welfare et al. Reverse is the case in Nigeria. Your leaders are so corrupt. They've eaten the future of Nigerians. Imagine a country where people cannot feed. Ordinary food is now a luxury to an average Nigerians. What do you now expect from the masses?

Arinya

When i said them think say na by to flood dollars inside market the thought it was play 😆. Tinubu bula bah that seat is not for you.

Fearyourcreator:

Igbos wants Nigeria destroyed if an igbo man is not president... Fake products people... Enikure se .. ema shofo bi omi efi ni... Na ailment go collect that wicked profit finish for your hand ... Disease wey no get cure go plague una kinsmen ... Eyin oloriburuku yi

see this failure dey curse person

You wey no get successful marriage dey talk. You're not happy in your marriage. Go and fix that and stop peddling into governance discourse. You wey never fit settle your house wan settle public matter

Donaldoni:
This is good news for piiiigggs

But Nigeria will overcome!!!

Local production of PMS will end this nonsense once and for all.

You are most likely the dirtiest of them piiiigggs, piggg.

Fearyourcreator:

Arinya

failure

Donaldoni:
This is good news for piiiigggs

But Nigeria will overcome!!!

Local production of PMS will end this nonsense once and for all.

You lots are the true haters of this country, you put useless people into power.
Local production of PMS by who? Is it by dangote who said he's importing crude from US whereas Nigeria has several million litres of crude oil with no buyers? Besides, which product has dangote, a cut-throat monopolist ever ventured into and reduced the price?

Is it by port harcourt refinery whose production date your useless leaders keep shifting?

Some of you don't seem to think, you only regurgitate any bullshit and propaganda your government shoves down your throat

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

The ₦1000 is not even lower than pre -december levels.
Anything more than the pre 2015 exchange rate is a non achievement.

AqualinaXYZ:



Make i no lie I’m so happy dollar is going back up



Infact nobody happy pass me and I pray a dollar should hit 10k before august



Has price of goods come down since dollar went from 1900 to 1100?



Since they all claimed to have restocked when dollar was 1900 then make them maintain same price now that dollar is going back like who drink viagra



For some of us earning in dollar since price of niara goods has refused to come down let dollar rise make we gain in dollar

You right english so well yet you sounded outrightly like an illiterate

Despite all the explanations written on line, appreciation of naira can only reflect overtime una still det spew rubbish
I think most you just hide behind the market prices to vomit una wicked thoughts, you people never wish the country get better.

those wishing the economic to fall, whatever there gain is naa on top terminal sickness dem go dey spend am, there loved ones no go ever dey alright

Balabluuu

Fearyourcreator:

Igbos wants Nigeria destroyed if an igbo man is not president... Fake products people... Enikure se .. ema shofo bi omi efi ni... Na ailment go collect that wicked profit finish for your hand ... Disease wey no get cure go plague una kinsmen ... Eyin oloriburuku yi ... Enikure you and that aquilani abi Wetin be him name ... If na real estate una dey use the money iji lo ma wole na ... Eyin alaiye baje Yi ...

You know say you dey yarn bullshit na why you switch to Yoruba 🤣🤣🤣🤣🤣

Your president is an Igbo man and your CBN governor and finance minister are also igbo.

You elect useless people and look for who to shift the blame instead of admitting your errors. That's the behavior of a typical coward

zinaunreal:
When i said them think say na by to flood dollars inside market the thought it was play 😆. Tinubu bula bah that seat is not for you.

These one sweet you ... it is not "Propaganda" abi but if reserve is the case una go dey cry by bush baby upandan ... e ni kure

No more naira to defend it again. When we told them that their approach to defending naira is not sustainable, they abused us and told us we are the enemies of the country. As the months goes by we will truly know are the enemies of the country between us and them.
We will continue to advise them on what to do, it is left to them to heed to our advise or not. They should go into heavy production of goods and services, especially agriculture and technology. Our goods must be exported to prove out worth and not this try and error approach they are doing. Lagos is not Nigeria. It is a different ball game all together. Lagos have all the resources of this world to survive, even if you put the dullest of this world to administer the state. Just as Prof. Pat Utomi said, you don't require a person with two heads to govern Lagos and that is just the gospel truth but their hailers doesn't want to hear that. Good luck to them. We pray for the survival of our country and the economy revamp in no distance time and may God grant them the foresight to do the right thing quickly before they put the whole nation into avoidable crisis.

RuggedBiafran:
Bloody illiterate how can a currency be 'appreciating' downwards? Who employs you Agbadorians sef? Do they even check your literacy levels? Is this how useless education is in the SW?

To imagine, you and others disgracing yourselves constantly with grammatical blunders and you believe you are exposed?

Guy, go and refresh your wasted years in school, your education was a waste.. haba!

The correct terminology is 'depreciating downwards' .. shameless things..

Something doesn't depreciation downwards... depreciation is depreciation... appreciation is appreciation too... nothing like appreciate upwards...most media outlets use it but it is wrong... depreciation itself is downward... appreciation itself is upward... adding upward or downward after mentioning those two terms is TAUTOLOGY

Elonmuzk:
I saw this coming, it's a no brainer. Nigeria does not earn enough foreign exchange to support naira. They were just using the foreign reserve to prop up the naira. It seems like they are running out of dollars now. It's probably going to get worse.

Why not save your wishes for your family and loved ones, we don't need it

StOla:
You are so happy with this news.

You are now motivated to rush out this news like when it was heading towards N2000 in February, but lacked motivation to rush out the news when it was appreciating downwards to N1000?

Oga keep quiet. A news is a news either good or bad and must be reported.

RuggedBiafran:
Bloody illiterate how can a currency be 'appreciating' downwards? Who employs you Agbadorians sef? Do they even check your literacy levels? Is this how useless education is in the SW?

To imagine, you and others disgracing yourselves constantly with grammatical blunders and you believe you are exposed?

Guy, go and refresh your wasted years in school, your education was a waste.. haba!

The correct terminology is 'depreciating downwards' .. shameless things..

... When naira appreciates against a dollar... Does it increase or decrease....

Learn to get the message before making a fool of yourself...

If una like una cry blood... Obi will never rule 9ja

theredaddy:



You right english so well yet you sounded outrightly like an illiterate

Despite all the explanations written on line, appreciation of naira can only reflect overtime una still det spew rubbish
I think most you just hide behind the market prices to vomit una wicked thoughts, you people never wish the country get better.

those wishing the economic to fall, whatever there gain is naa on top terminal sickness dem go dey spend am, there loved ones no go ever dey alright

The only reason it seemed the naira was appreciating was because the government was propping it up with our foreign reserves. Now they've depleted the reserves what do you think will happen?

Obi said the solution to Nigeria's quagmire is to move the country from consumption to production. He even outlined the best ways to utilize each region to their fullest potentials, but some people chose to support a man who said "na statistics we go chop"? and now look where we are, people no dey even see the statistics to chop 🤣🤣🤣

Your economy is failing and will keep failing when you keep voting useless leaders into power. Anyways, the more it fails the cheaper I buy properties in choice areas in this country, so y'all can go ahead to vote incompetence due to tribal and political affiliations