The useless and clueless government was blaming Binance. Is it still Binance problem?

Sad

Covid19lockdown:


God please don't mind this fellow. Tinubu will finish his 8yrs peacefully. Dear God, if Buhari tenure did not teach Nigerians lesson, I don't think Tinubu regime will teach them lesson. Keep Tinubu save and healthy to finish his 8yrs.

Lol bros why you countering my humble request to God. If Tinubu spend 8years in power, only God know how Nigeria will be by then,for the safety of my mental health,I won't even want to imagine.

Covid19lockdown:
I want Naira to reach £1 to 5k before December so that I'll start up my building project in Nigeria. E go make sense die. Tinubu must complete his 8yrs.

it won't help you

NorthernAgender:
Will you shut up that gutter you called mouth. I just dont know why some of you are senseless. I have challeng many you igbos shouting if its peter obi that is there he would have done something differently.

Alright we heard you but tell us how peter obi could have been different. No answer till now...If really you guys have brain your sense supposed had tell you that Nigeria keep spoiling forward in every administration.
And that is how it will be forever unless we arrest what is bringing failure to each administration.

Let Tinubu complete his tenure and another person take over if you will not gonna missing Tinubu government. Continue waiting for messiah there.

you are a B***t**d. As this junction you are just ignorant.. na Hunger go kpai you last last

Chai the hunger for power is not Good look at the results it’s disastrous, Tinubu is a smart man no doubt but he made a mistake that can’t be reversed, Yorubas are humbled, they are wondering how it all went wrong

Yampotatocarrot:


You're are the second person I'm hearing this convert to US dollar from within the last two weeks... My major fear now is, what if government decides to freeze the money in one's domiciliary account or they start determining the rate at which you'll be able to withdraw your money, or say you can't transfer from one domiciliary account to another, that one go come be another problem o... I think they once did something like that sometimes ago

I wish there's another way one can save in dollars, aside using the domiciliary account

Hold your dollars in cash...Keep it in a safe place where no one knows.....even if the bastard decides to freeze dorm accounts, you are covered....

Preach!!!!!!

adonainana:


No disrespect You lack any economical foresight. The higher the exchange rate the more astronomical the prices of building materials Would be.

Infact imagine buying 10,000 naira for a bunch of nails

In the end you will be frustrated and you will think builders in Nigeria are trying to scam you

Even down to painting and wiring, you will almost won’t believe how much expensive and even workmanship would be

Finally when it’s time to rent your house out after completion

If you dare put an expensive price for rent age. Bird won’t even fly inside ur compound more less a human being coming to live there

So you now see how a bad exchange rate is bad for everybody

For investors, entrepreneurs, business owners
Everybody

Nobody won’t be touched by a bad exchange rate

Nawaoooo, Tinubu economy policies keep destroying the economy more. By December it will increased more. It’s only remote workers that are enjoying the economy by cashing out in foreign currencies seriously.

Timmi:


Bobloco, the Osu from the land of rising wailers, you are the one that is cursed!!!

Mynd44

Rule 2

234GT:


Hold your dollars in cash...Keep it in a safe place where no one knows.....even if the bastard decides to freeze dorm accounts, you are covered....

All the abokis I know don't give cash again... They'll tell you it's difficult to get it

But thanks for this, it means there are some still giving cash, na to seek them out

This has shown us that they are not as sophiscated as they said. Their own is theory.

toneroforever:
After Joseph made life easy for the Israelites in Egypt, a pharoah that know not Joseph arose and tormented them.
Similarly, during Jonathan foreign rice sold at N8,000 but under this Nigerian pharoah's regime, Big Bull rice is now N80,000+
Dollar sold for N200, today it is N1,600.
Fuel sold for N97, today it sells for N1200 to N1300.
Electricity tariff is outrageous.
Higher education tuition is extremely expensive.
Super pack indomie was N40 to N50 in 2014, today it is N350 to N400.

God please send our Moses, this guy is terribly heartless, insensitive, clueless, cornfused, deceptive & divisive.

It is important that we move beyond constantly referencing the Jonathan era. Clinging to that comparison can be both misleading and unproductive.

The truth is, while the current administration and its predecessor have failed to meet the expectations of Nigerians, this does not imply that the Jonathan administration was a success either.
In reality, it is like comparing the exam results of three students: one scored 19%, another 10%, and the last 2%.

Ultimately, they all failed, and none of them deserves praise. We must acknowledge that failure is failure, regardless of the degree. What truly matters is holding leadership accountable and striving for progress rather than engaging in fruitless comparisons.

Originalsly:


I ask the same question .... are you intelligent at all? ... did I say it was a tribal thing? Tribalist spotted.... exposing yourself and don't even know ...or ... you can read but lack comprehension. At times it is better to remain quiet....people will assume you're intelligent.

Go back and read your comment again.

Yampotatocarrot:


You're are the second person I'm hearing this convert to US dollar from within the last two weeks... My major fear now is, what if government decides to freeze the money in one's domiciliary account or they start determining the rate at which you'll be able to withdraw your money, or say you can't transfer from one domiciliary account to another, that one go come be another problem o... I think they once did something like that sometimes ago

I wish there's another way one can save in dollars, aside using the domiciliary account

At this point ... you gather as much Naira as possible and buy as much US as possible ....cash. Let's say you presently have N17OK in cash .... you buy US$100 on the black market. In two weeks time the Naira is likely to drop to N2000/1. If you convert the US back to Naira....you now have N200K instead of the N170K if you didn't convert. Now you'll be able to cushion inflation since you have an extra N30K. By the end of November...early December demand for $ will decrease since merchants will not be buying as much and returnees will be bringing in $ as they troop home for Christmas . This will cause the Naira to gain. So back to that N170K converted to $100. By midway November the dollar should peak.... N2500/1. At this point you sell the $100 .... now you have N250K ....instead of the N170K you started out with. Hold on to the N250K until the beginning of the year when there is no demand for US and the rate may then be N1500/1. At this low point ...you can then convert the N250K to US.... which will now bring you about $160....and you sit and wait for the Naira to drop again. Devaluation is a thing that can make you broke real fast....your life savings that you could've splurged on a Range Rover may...may...just may be able to buy one okada .... Nigeria used. Before this free fall era..... the rich ....the big businessmen ... the doctors ...the lawyers ...the politicians ....the pastors .....the middle class ....the civil servants ...bankers ... landlords ....the importers exporters ... the poor or lower class ...the street vendors ...touts ... drivers ...labourers .....three distinct classes. Look around ...how many classes do you see? Two ...rich and poor . The middle class is already wiped out Devaluation is more serious and devastating than we think and not easily or quickly reversible...is like a life sore. Amen?

iwaeda:


The chief treasurer of Mobil. We warned you, but they told us he built Lagos.

the chief accountant of Chicago

References1:

https://dailypost.ng/2024/09/08/naira-nears-n2000-per-dollar-exchange-rate-at-black-market/

Help us tell King Pharaoh Alias Emilokan that he should step down and go away.

Na Binance still dey cause this one?

toneroforever:
After Joseph made life easy for the Israelites in Egypt, a pharoah that know not Joseph arose and tormented them.
Similarly, during Jonathan foreign rice sold at N8,000 but under this Nigerian pharoah's regime, Big Bull rice is now N80,000+
Dollar sold for N200, today it is N1,600.
Fuel sold for N97, today it sells for N1200 to N1300.
Electricity tariff is outrageous.
Higher education tuition is extremely expensive.
Super pack indomie was N40 to N50 in 2014, today it is N350 to N400.

God please send our Moses, this guy is terribly heartless, insensitive, clueless, cornfused, deceptive & divisive.

Bros, unfortunately, he may be reluctant to so send another moses as Nigerian will call his messenger all sorts of names, label him a criminal, attack his ethnicity. Same thing will happen if he goes as far as sending his only begotten son.
Our dilemma is self inflicted.

This is a useless reportage .How does 1670 becomes 2,000 ? And what's the meaning of " nears " ?

omoyeni37:

Congratulations Boss, please help me with an asthma inhaler sir, more and more blessings to you in Jesus name

You really touched me. I wish I can help you

Sonyboom765:
Obidient ipob should enjoy because at this junction Tinubu matter don even tire me

How can a person that was cynical of Tinubu "enjoy" being right. You still have to face the reality and affect of inflation. Being "right" does not offer protection from suffering. I'm quite certain majority will take being "wrong" in exchange for government policies and economy working

Atiku is the solution.

Usmanovic95:
God please come and touch Tinubu's heart, please let him just resign like ajuri Ngelale. God please do this for us🤲

... Tinubu prefers to die on that presidential sit than resigning

Arda1000:
Peter Obi must learn a lesson

Nigerians actually convinced themselves they'll be teaching a very wealthy man a lesson. 🤦🏾‍♂️

One of the weirder things that came from that election.

To say you don't like him and won't vote for him is one thing, but to teach him a lesson 🤔 okay o

See the APC Tinubu and Buhari that told nigerians at 2014 during Jonathan administration...if 216 naira to a dollar was ok for nigerians ...that if you do not like 216 naira to a dollar that you should vote for change..APC change...and now the incompetent APC and Tinubu it's 2,000 naira to a dollar..it's a pity... renewed shege everywhere

I have said it nothing the CBN governor can do to appreciate the naira against the dollars.. that the solution is for Nigeria to be a producing economy...less Importation and
more exportation and nigerians should value,buy , patronize what they have in their own country...the love and over demand for foreign things ,goods is the cause of the naira losing value...the love for foreign universities, foreign hospitals, foreign rice, foreign SUV cars, Prado jeep, foreign fuel, disel kerosene and other foreign things are the cause of the naira depreciating and losing value against the dollars

Tinubu and APC are failures

Just one year of this incompetent Tinubu government it's 2,000 naira to a dollar..so by 2027 it will be 5,000 naira to a dollar..it's a pity.. renewed shege everywhere

Bobloco:


Mynd44

Rule 2

And what Rule applies to you when you said Tinubu is cursed? What’s good for gander is good for the geese.

NorthernAgender:
Will you shut up that gutter you called mouth. I just dont know why some of you are senseless. I have challeng many you igbos shouting if its peter obi that is there he would have done something differently.

Alright we heard you but tell us how peter obi could have been different. No answer till now...If really you guys have brain your sense supposed had tell you that Nigeria keep spoiling forward in every administration.
And that is how it will be forever unless we arrest what is bringing failure to each administration.

Let Tinubu complete his tenure and another person take over if you will not gonna missing Tinubu government. Continue waiting for messiah there.

Guy if you want to be upset. Na your problem

None of us can read Obi's mind to tell you what he would have done differently.

But one thing for certain, AT LEAST OBI WAS TALKING. Right or wrong, I feel Obi truly CARED for the plight of Nigerians. All we can do is READ these politicians to the best of our ability. We don't know them .

One guy wanted the position.
One guy felt he deserved the position. AND was not TALKING

But the undeniable truth is Nigerians did not really want Tinubu. PO being in the race and the split votes elected Tinubu