Former Nigerian Senator, playwright and human rights activist, Senator Shehu Sani has left Nigerians and social media users buzzing after sharing 10 African countries currencies exchange rates, with the United States of America’s dollar.

The former Nigerian Senator has taken to reveal the dollar exchange rate of Tunisia, Libya, Morocco, Seychelles, Botswana, Ghana, Eritrea, Lesotho, Namibia, and South Africa. All below 20 to a dollar.

Revealing the current exchange rate of 10 African countries currencies to the American dollar, Senator Shehu Sani tweeted: “Ten African Currencies against the Dollar.

This tweet from Senator Shehu Sani revealing the dollar exchange rate of 10 African countries currencies has attracted reactions from Nigerians and social media users, as some have asked about the Nigerian currency, while some have asked Nigeria to learn from Ghana on how they did theirs.



Mynd44
Seun
Oam4j
Nlfpmod
Fergie001
Dominique



https://newsdirect.ng/nigerians-react-after-shehu-sani-shares-dollar-exchange-rate-of-10-african-countries-currencies/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

Our president is kinda old and worn out .

That's why we where we are

Haaaaa Nigeria my konterriiii

Curious345:
Our president is kinda old and worn out .

That's why we where we are

I didn't want to comment here but your comment forced me here

Trump is 78, Biden is 81, Putin is 74
Those are old leaders of your so-called advanced Nations but u won't dare call them old cause it's not happening in Nigeria


I only responded to your point in reference to age in leadership, no fool should tag me to ask about performance cause I only reacted to the age factor

DevilsEqual:


I didn't want to comment here but your comment forced me here

Trump is 78, Biden is 81, Putin is 74
Those are old leaders of your so-called advanced Nations but u won't dare call them old cause it's not happening in Nigeria


I only responded to you point in reference to age in leadership, no fool should tag me and ask about performance cause I only react to just the age factor

While Tinubu is 95

DevilsEqual:


I didn't want to comment here but your comment forced me here

Trump is 78, Biden is 81, Putin is 74
Those are old leaders of your so-called advanced Nations but u won't dare call them old cause it's not happening in Nigeria


I only responded to you point in reference to age in leadership, no fool should tag me and ask about performance cause I only react to just the age factor

Which country is Trump leading?
Always fishing for excuses to justify the failure they installed

Nigeria has institutionalized poverty that it has become difficult for anyone to have meaningful life in it. Every one want to run away.
United state and Canada on the other hand is Nigerias greatest problem. They have opened their borders to any one running away and this created unprecedented demand for dollar making it scarce for people whose business depends of the foreign exchange. These set in conjunction with politician on both medical and leisure tourism mop up any and every available dollar in the market.

Those countries you mention has strict rule on emigration. They have build their economy so well that they are very much comfortable in their country. The moment new craze for foreign trips or illusion of a better life outside their country kicks it, the fall of the currency will be imminent.

But we are talking about Nigeria. Selfish Country. Every one is afraid of poverty so the crave to covet and steal at any little window.

DevilsEqual:


I didn't want to comment here but your comment forced me here

Trump is 78, Biden is 81, Putin is 74
Those are old leaders of your so-called advanced Nations but u won't dare call them old cause it's not happening in Nigeria


I only responded to you point in reference to age in leadership, no fool should tag me and ask about performance cause I only react to just the age factor

Those countries you mentioned are far ahead of Nigeria in everything. Even if they have 200 years old men as their president, no problem so long they're already developed.

But in Nigeria, no development, the economy is dead . nothing is working and yet we have old dead brain tumors effected men leading us. Isn't that foolishness? You see why it is stupid to always compare trump, Biden and Putin to tinubu all the time? U dey use developed countries with sane leaders that are million miles ahead of Nigeria which has a very corrupt brain dead man as president?

Next time before you compare Biden, Trump etc to tinubu, you need to use your brain and think

It's difficult to explain exchange rates...


To people who haven't lived in these countries!

Nigerians need to learn from south africa Dollar need to rise up to something like 19k per dollar Tinubu need to do more

Poverty has been weaponized in Nigeria..... That is why you still see online miscreants supporting the drug mule! make una continue ohhhh..... enjoy this pishure from a de-ronicized corn mulchers!

Tinubu said something during d elections and I quote "na statistics we go chop"?......yet we left those who were giving us pure facts n statistics for a man who knows nothing about economy ....and pls no one should tell me he built Lagos

Nigeria is the only country where their leaders use their own hand to create artificial problems for the country immediately they are elected, then spend billions of dollars and their entire 8year tenure in office trying to solve the same problems they created in the first place.

PEXBlog:
Former Nigerian Senator, playwright and human rights activist, Senator Shehu Sani has left Nigerians and social media users buzzing after sharing 10 African countries currencies exchange rates, with the United States of America’s dollar.

The former Nigerian Senator has taken to reveal the dollar exchange rate of Tunisia, Libya, Morocco, Seychelles, Botswana, Ghana, Eritrea, Lesotho, Namibia, and South Africa. All below 20 to a dollar.

Revealing the current exchange rate of 10 African countries currencies to the American dollar, Senator Shehu Sani tweeted: “Ten African Currencies against the Dollar.

This tweet from Senator Shehu Sani revealing the dollar exchange rate of 10 African countries currencies has attracted reactions from Nigerians and social media users, as some have asked about the Nigerian currency, while some have asked Nigeria to learn from Ghana on how they did theirs.



Mynd44
Seun
Oam4j
Nlfpmod
Fergie001
Dominique



https://newsdirect.ng/nigerians-react-after-shehu-sani-shares-dollar-exchange-rate-of-10-african-countries-currencies/?utm_source=operamini&utm_medium=feednews&utm_campaign=operamini_feednews

If you're not a frequent traveler you won't know this economic situation is not peculiar only to Nigeria. Make una just dey whine una self.

XerXers:
While Tinubu is 95

easy joor

Ojuntana:

Which country is Trump leading?
Always fishing for excuses to justify the failure they installed

Isnt he contesting anymore??
If voted in , wont he assume the role as a 79yo man??

U arent logically sound, same u would boo Atiku for contesting in Africa but wouldnt see any wrong in 78yo Trump contesting in the U.S

G0odharddick:


Those countries you mentioned are far ahead of Nigeria in everything. Even if they have 200 years old men as their president, no problem so long they're already developed.

But in Nigeria, no development, the economy is dead . nothing is working and yet we have old dead brain tumors effected men leading us. Isn't that foolishness? You see why it is stupid to always compare trump, Biden and Putin to tinubu all the time? U dey use developed countries with sane leaders that are million miles ahead of Nigeria which has a very corrupt brain dead man as president?

Next time before you compare Biden, Trump etc to tinubu, you need to use your brain and think

I am smart enough to stay on point while debating with anyone

His point was about Age and mine was about age too. I no dey shift goalpost, Age is Age anywhere in the world. If you are too old here, you should be too old everywhere else.

I dont condemn Blacks for same thing people praise the Whites for, I'm not mentally colonized

Get the premises of my logical deduction and no dey carry that Obidient fallcy come my side. Its about Age, a universal factor, not about countries or preformance

Tinubu is okd, worn out, incompetent and corrvpt

DevilsEqual:


I didn't want to comment here but your comment forced me here

Trump is 78, Biden is 81, Putin is 74
Those are old leaders of your so-called advanced Nations but u won't dare call them old cause it's not happening in Nigeria


I only responded to your point in reference to age in leadership, no fool should tag me to ask about performance cause I only reacted to the age factor

DevilsEqual:


Isnt he contesting anymore??
If voted in , wont he assume the role as a 79yo man??

U arent logically sound, same u would boo Atiku for contesting in Africa but wouldnt see any wrong in 78yo Trump contesting in the U.S

You listed him as a leader of an advanced nation not a contestant. Are you just typing without thinking?
Besides, if you want to be logical, instead of rationalising based on two countries out of over 200 all over the world, what you should have done is find out the average age of world leaders and then see where your beloved leader falls. The average age of leaders around the world is 61. As a matter of fact, over 80% of leaders of countries are below 70 which means being above 70 is the anomaly and not the norm.
Secondly, you should think outside the box and ask yourself why there's a lower age limit for contesting public office but no upper age limit. Why should civil servants have to retire at 60 but a 70+ year old is allowed to rule the country with its complexities? Or do you mean it's just right cause the white man said so? There are diseases particular to old age above which will make them unsuitable for such sensitive posts ordinarily without a strong support system.

Countries that works vs Nigeria that claim to be African giant not knowing that are still the latest african baby.

G0odharddick:


Those countries you mentioned are far ahead of Nigeria in everything. Even if they have 200 years old men as their president, no problem so long they're already developed.

But in Nigeria, no development, the economy is dead . nothing is working and yet we have old dead brain tumors effected men leading us. Isn't that foolishness? You see why it is stupid to always compare trump, Biden and Putin to tinubu all the time? U dey use developed countries with sane leaders that are million miles ahead of Nigeria which has a very corrupt brain dead man as president?

Next time before you compare Biden, Trump etc to tinubu, you need to use your brain and think

And the magic wand is bringing in the youth? Some of you are delusional. The same youth doing yahoo - Yahoo . Youth like 65year old Obi and Yaya Bello. Dey play...

brain54:
It's difficult to explain exchange rates...


To people who haven't lived in these countries!

You're very correct especially with that of Ghana whose currency has been redominated to make it valuable.

Cost of living is still cheaper in Nigeria than some of the countries on the list

FX rates are important only to the extent upon which they impact on 1. Purchasing power and 2. Cost of living.

A country's exchange rate can be 1:1$, but the purchasing power of the masses would be so low and cost of living expensive.

Another country's rate can be 20000:1$ but the purchasing power of the masses would be reasonably average and cost of living moderate.

In summary, every action of government must be geared towards two key things first and foremost...

1. Ensure the masses have an above average purchasing power whereby spending a little of the local currency can buy a fairly large amount of BASIC NECESSITIES (food, clothing, etc)...

2. Ensure the cost of living is not beyond the reach of the common man (housing, health, transportation).

If governments can understand these two parameters, it would better allocate its scarce resources and be able to measure its level of progress...

It’s funny cost of living is relatively cheap in Nigeria compare to other African country…

Tho we have very poor minimum wages

I think I’m the only one that still believes normal normal NIGERIA is one of the richest country in the world

ivandragon:
FX rates are important only to the extent upon which they impact on 1. Purchasing power and 2. Cost of living.

A country's exchange rate can be 1:1$, but the purchasing power of the masses would be so low and cost of living expensive.

Another country's rate can be 20000:1$ but the purchasing power of the masses would be reasonably average and cost of living moderate.

In summary, every action of government must be geared towards two key things first and foremost...

1. Ensure the masses have an above average purchasing power whereby spending a little of the local currency can buy a fairly large amount of BASIC NECESSITIES (food, clothing, etc)...

2. Ensure the cost of living is not beyond the reach of the common man (housing, health, transportation).

If governments can understand these two parameters, it would better allocate its scarce resources and be able to measure its level of progress...

Let me ask this curious question

For example

Some country exchange rate maybe 1 to $1

Does it means if the citizens are require to study aboard with $10,000

They can easily get it because the exchange rate is equal

Max24:

And the magic wand is bringing in the youth? Some of you are delusional. The same youth doing yahoo - Yahoo . Youth like 65year old Obi and Yaya Bello. Dey play...

What made a 65 years old man a youth? There's difference between a sanity and foolishness.

The youth doing yahoo yahoo is as a result of your failed govt. Without money you can't get actively involved in govt in Nigeria. Dude blame those old men in power who has vowed to bastardized this country.

If a youth of 35yrs runs for presidency and wins, will those old men allow him to go to aso rock, we all know they'll rig him out or better still kill him. That's the corruption we're talking about. So what nonsense are you saying again

DevilsEqual:




I am smart enough to stay on point while debating with anyone

His point was about Age and mine was about age too. I no dey shift goalpost, Age is Age anywhere in the world. If you are too old here, you should be too old everywhere else.

I dont condemn Blacks for same thing people praise the Whites for, I'm not mentally colonized

Get the premises of my logical deduction and no dey carry that Obidient fallcy come my side. Its about Age, a universal factor, not about countries or preformance

Unfortunately, we prefer the type of Donald trump to come and rule us here in Nigeria instead of a well known corrupt old man with dead brain cells

BigDawsNet:

Let me ask this curious question
For example
Some country exchange rate maybe 1 to $1
Does it means if the citizens are require to study aboard with $10,000
They can easily get it because the exchange rate is equal

No dear, it is till difficult to obtain it over there.

SIRAO:


No dear, it is till difficult to obtain it over there.

Hmmm.. thanks for the response

NIGERIAN BANKERS AND MINISTRIES ARE HOARDING DOLLARS AND DOING THE WITCHCRAFT.


ORISA37
THEY SUPPLY THEIR OWN DOLLARS TO BDCS AND PMS.

BigDawsNet:


Let me ask this curious question

For example

Some country exchange rate maybe 1 to $1

Does it means if the citizens are require to study aboard with $10,000

They can easily get it because the exchange rate is equal

FX rates are a function of availability. Or as some like to put it, demand & supply.

P.S.

Every country has its own peculiarities about availability of the dollar.