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Nairaland Forum / Nairaland / General / Business / What Do You Think Should Be Done To Appreciate Naira ? (16410 Views)
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Re: What Do You Think Should Be Done To Appreciate Naira ? by maestroferddi: 2:23pm On May 09 |
You are not serious.... After Tinubu another person worse than him will take the mantle... No so go continue until una get sense by force... |
Re: What Do You Think Should Be Done To Appreciate Naira ? by omoredia: 2:24pm On May 09 |
How do u arrive at "Emi lo kan'? You have to falsely promote 'awa lo kan' hehe. Divide and rule tactics 101 |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Bone147: 2:24pm On May 09 |
Let the Tinubu go |
Re: What Do You Think Should Be Done To Appreciate Naira ? by nonhuman(m): 2:24pm On May 09 |
The answer to this question is not far fetched just ask PO, if he generous enough he will give the answer when you apply it it will work but the corruption in you people will destroy it before it starts so the best solution is to give obi the sit of power if you want better economy 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Stephaniegold(f): 2:25pm On May 09 |
Ola9ja23: Guess ur hass licking farther is one of the ministers of Tinubu...poverty dey kill you and you are in the street shouting the name of Mr druglord up and down..I spit 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by ud4u: 2:25pm On May 09 |
BabbanBura: The solution's you proffered are wonderful but your no. 3 has question mark Prosecute past and present thieves, who are they In this present regime Let's use our tongue and count our teeth. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Babastrong(m): 2:25pm On May 09 |
[quote author=cenaman post=129861636]Impeach the BATeria in aso rock.[and put your obituary there?] |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Fuckyoumod: 2:26pm On May 09 |
gnss:this is a foolish question especially when the cause is known. Naira was deliberately killed (devalued) by Tinubu after floating the naira. So nothing can be done until he decides to stop his stupid financial policies. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by DJInfluence: 2:26pm On May 09 |
Increase local production. We import everything. Encourage the sales of local goods. We import everything from tomato paste to furnitures. Remove all the double and triple taxation on our local biz. Provide better security to Protect our farmers. I can go on. But these are nothing that others haven't said before. So what's the point? 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Ogeneigbo1: 2:26pm On May 09 |
What I think Nigerian Government should do is to mandate all banks to start processing foreign transaction in naira ,then pay the equivalent to the receiver in receivers currency. This will reduce the rush for physical dollar and people will no longer go to BDC to buy dollar since they know that their banks will serve them, this will reduce the pressure on naira too. Be it school fees , payment of goods and services, let the bank deduct the equivalent which must be at CBN rate from sender's naira account simple. CBN will now deal with bank directly on any FX matter instead of selling to the General bidders. This how it is done all over the world. You handle see them sourcing for foreign currency to pay for their transaction, the transaction is done and equivalent transfered to the receiver. This might not solve all the problems but it's a good step in the right direction. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by able20(m): 2:27pm On May 09 |
cenaman:Tinubu is Pandemic already. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by tiswell(m): 2:27pm On May 09 |
gnss: |
Re: What Do You Think Should Be Done To Appreciate Naira ? by DCmonster: 2:27pm On May 09 |
Ask Google or ask you papa! Mugu! |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Joy2dworldxyz: 2:28pm On May 09 |
gnss: Him stepping down is a step in the right direction. I think that will go a long way. Above, Na me wan come suggest wetin Dem go use appreciate the naira? Do I look like an economist hired for such a job,? 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by SmartyPants(m): 2:28pm On May 09 |
BabbanBura: Wrong. The country is already in a state of hyperinflation. Before you move to production you must first bring inflation under control - trying to boost production while inflation is still high will only lead to higher inflation. The correct steps to be taken are: 1. Combat inflation 2. Fix security, power and transport infrastructure 3. introduce monetary policies to stimulate access to capital and let the private sector do the rest 4. Introduce customs and excise policies to strangulate imports Clearly the government is attempting to work through steps 1 nd 2 now with limited success. But we all know these things are much easier said than done. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Macdeey: 2:28pm On May 09 |
CHRISSANCHEZ:Very Impossible to achieved what you listed. This country is gone way more than you think ! No politician is honest and patriotic to this Nation called Nigeria. Everyone one of them is for themselves! People are becoming more and more corrupt by the day because of the injustice and the way politicians and government officials are looting this country ! They loot Naira and buy Dollars π΅ π€ π΅ πΏπΏπΏπΏπΏπΏ State Governors collect State allocation and immediately buy Dollars π΅π΅π΅π€π€π€π€ Politicians and Government officials ask for Bribe in Dollars π΅π€π°π°π°π°π°π° So do you think is possible to really make the Naira strong with eliminating this Nonsense π€¬π‘π‘ 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by amedualiyu(m): 2:28pm On May 09 |
I have said it before, am saying it now and will say it tomorrow. The permanent solution is to shut down DOM accounts. Dollar raising is not because of lack of production but due to FX SPECULATION. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by maestroferddi: 2:28pm On May 09 |
gnss:You see your life? Oga the solution to Nigeria's emergence from assured economic implosion is to ensure that Tinubu does not go beyond 2027... If you like, continue deceiving yourself but I want to put it to you that nothing will change because it is a tad unreasonable to ask a man to give what he never has had... Propaganda that worked in Lagos is failing big time on the national stage... 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Dynamicboss: 2:28pm On May 09 |
BabbanBura: Apt response |
Re: What Do You Think Should Be Done To Appreciate Naira ? by ObidenceNeckpre: 2:29pm On May 09 |
Dullard, Exchange rate is directly proportional to importation. Buy made in Nigeria goods, discourage importation and the demand for dollars will fall same to its exchange rate. be productive than imported goods so it's the direct responsibility of both the citizen and govt to make this happen. STOP YAHOO YAHOO /CRIME to shirt cut wealth and make yourself a responsible, law abiding and productive citizen CHRISSANCHEZ: |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Thugnificent(m): 2:29pm On May 09 |
Wait for Odumeje to use all his powers |
Re: What Do You Think Should Be Done To Appreciate Naira ? by ObidenceNeckpre: 2:29pm On May 09 |
Oponu Dullard, Exchange rate is directly proportional to importation. Buy made in Nigeria goods, discourage importation and the demand for dollars will fall same to its exchange rate. be productive than imported goods so it's the direct responsibility of both the citizen and govt to make this happen. STOP YAHOO YAHOO /CRIME to shirt cut wealth and make yourself a responsible, law abiding and productive citizen maestroferddi: |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Angelfrost(m): 2:30pm On May 09 |
libertyfather: This is funny... You just made me laugh so much for the first time this week. Not to worry, smart Nigerians with the means are already 'sharing' themselves out to different countries. They will leave this place behind for the poor ones and the miscreants. Every top political figure has already removed their close families away to other nations. Imagine a nation being governed by people who don't even have faith in the nation they are leading. 1 Like |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Cmanforall: 2:30pm On May 09 |
gnss: Did the minister or president ask you to seek people's opinion? |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Solofresh2: 2:31pm On May 09 |
Don't ask us this question because at the end of the day, it won't be put to use |
Re: What Do You Think Should Be Done To Appreciate Naira ? by ObidenceNeckpre: 2:31pm On May 09 |
Good point ivandragon: |
Re: What Do You Think Should Be Done To Appreciate Naira ? by GUNITGuy: 2:31pm On May 09 |
encourage diaspora investment ......attract fdi or sell our crude or natural resources in Naira or any international goods bought must be bought in Naira i promise you it would jump back......People should only transact in naira only if they want to buy anything from Nigeria |
Re: What Do You Think Should Be Done To Appreciate Naira ? by occfx: 2:32pm On May 09 |
CHRISSANCHEZ: As far as there is no free election, forget the zoo. Look at Abia, imagine if the best candidates were elected like Abia state governor. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Awoh55: 2:32pm On May 09 |
The same way declare fuel subsidy remove the same way let him in that office declared dollar 150 naira |
Re: What Do You Think Should Be Done To Appreciate Naira ? by Sapasenator: 2:32pm On May 09 |
Stop insecurities first so farmers can go back to farm. Introduction of state policing. |
Re: What Do You Think Should Be Done To Appreciate Naira ? by pandax: 2:33pm On May 09 |
gnss: Clueless APC is using the backdoor approach to get solutions from the Obidient citizens on how to revive the tattered economy! |
Re: What Do You Think Should Be Done To Appreciate Naira ? by 1gbdata: 2:33pm On May 09 |
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