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Nairaland Forum / Nairaland / General / Business / The Danger That Come With Naira Devaluation (31832 Views)
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Re: The Danger That Come With Naira Devaluation by EmmaOgbu(m): 6:21pm On Feb 28, 2015 |
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Re: The Danger That Come With Naira Devaluation by Nobody: 6:21pm On Feb 28, 2015 |
Charpell: As the 1989 one did? Sorry....but it won't. 3 Likes |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:21pm On Feb 28, 2015 |
I dedicate this space to gej to continue his good work for nigeria cus if its jonathan over everything,then we alright 1 Like |
Re: The Danger That Come With Naira Devaluation by jeeqaa7(m): 6:21pm On Feb 28, 2015 |
E don bee for us for dis naija so.. Nothing remain again.. Na to return to trade by barter |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:22pm On Feb 28, 2015 |
halimaabi: We want to know what PDP has planned for the coming Naira devaluation....not your hatred for the opposition. Come now...you guys have a plan? 6 Likes |
Re: The Danger That Come With Naira Devaluation by 1stola: 6:24pm On Feb 28, 2015 |
#NeverAgain would Nigerians allow a Useless Clueless Shoeless Zoologist so-called PhD holder and a Terrorist rule us again. #NeverAgain #March4change #March4Buhari&Osinbajo 7 Likes |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:24pm On Feb 28, 2015 |
Timohunk: It is because of PDP's harebrained economic polices that we are in this mess in the first place. GEJ and his gang kept us hooked to oil...which means that our economy is still falling and rising with the oil price. Don't praise mediocrity. Better get your govt to get us off oil. The era of high oil prices is over. 4 Likes |
Re: The Danger That Come With Naira Devaluation by BrAkingNews: 6:24pm On Feb 28, 2015 |
what is the need to know the danger?...jst asking nii ooo... Private Photos Of Female Banker Who Sleep With Customers To Open Bank Account Leaked Online |
Re: The Danger That Come With Naira Devaluation by timilinda(f): 6:26pm On Feb 28, 2015 |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:27pm On Feb 28, 2015 |
halimaabi: The reason why the Naira is falling is because our economy is hooked to oil...meaning when oil prices fall, the means of keeping our naira valuable...and storng falls too as CBN raids the savings to keep up the naira....and once there isn;t enough dollars to keep it up....the naira gets devalued. Your PDP govt with its Dutch Disease Economic practice led us there. APC has nothing to do with it(and no answer to the problem BTW...other than spend more money....which would make the siutuation worse.). Between the PDP and the APC....we are in trouble. Whoever wins in March is going to have to run Austerity govt. 2 Likes |
Re: The Danger That Come With Naira Devaluation by nonen(m): 6:28pm On Feb 28, 2015 |
The economic Policies of this country is a SCHEME. |
Re: The Danger That Come With Naira Devaluation by synergycom19: 6:31pm On Feb 28, 2015 |
halimaabi:so we shouldn't report the true state of our country again?because your godfathers are in government 2 Likes |
Re: The Danger That Come With Naira Devaluation by akinz4: 6:35pm On Feb 28, 2015 |
Charpell:How do our nation economic manage managed the money we are getting when we are running mono economy? My brother there are too much wastages and corruption! Even if we are running multi or poly economy, we will still be saying the same thing.GEJ believes stealing is not CORRUPTION. He does not want to admit that we need to cut down our expenses. 2 Likes |
Re: The Danger That Come With Naira Devaluation by angelo82: 6:36pm On Feb 28, 2015 |
Smart investors will be very careful because the devaluation can create losses on their investment.....I think the way can devalued the naira is not good and which means we have not seen the end of a stable naira......I believe that the current can management is not competent compare to the previous governors............ Charpell: |
Re: The Danger That Come With Naira Devaluation by kumbalo2014: 6:36pm On Feb 28, 2015 |
Khaynet:The country suffers because of people like you who do not stand for anything-always on the fence. Well, as ususal you have made no point 2 Likes |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:37pm On Feb 28, 2015 |
This is a more reason why I will never forgive the Maradonic govt of General IBB for toppling the innocent govt of Buhari in 1985. For those of us who know little about the sagacity of the general Buhari's govt, I will advice you go pick a book on Nigeria's historiography on the policy strategies adopted by Buhari / Idiagbon to prevent the wicked and heartless SAP sponsored policy of IBRD and IMF. 2 Likes |
Re: The Danger That Come With Naira Devaluation by betterabia: 6:37pm On Feb 28, 2015 |
its a danger for contractors that are being owed for the past one year. when eventually get paid, the value of the cash in their hand would have been depreciated. 1 Like |
Re: The Danger That Come With Naira Devaluation by grandstar(m): 6:37pm On Feb 28, 2015 |
This write up is half baked. |
Re: The Danger That Come With Naira Devaluation by ZUBY77(m): 6:38pm On Feb 28, 2015 |
This is what I have been saying. This is the best topic I have read for a while here. The problem is with CBN. 2 Likes |
Re: The Danger That Come With Naira Devaluation by akinz4: 6:38pm On Feb 28, 2015 |
Timohunk:Can you say amen to this prayer? As your GET destroyed the Nigerian Economy, That your live should be destroyed! Are u living better now than when ur GEJ became president. How many member of your family can help financially. NONSENSE! 1 Like |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:39pm On Feb 28, 2015 |
franciskaine: True...Buhari ran a good Austerity govt....and tried to save. But such is the funny way Nigerians behave that that is regarded now as a bad thing. 4 Likes |
Re: The Danger That Come With Naira Devaluation by ABDamola(m): 6:39pm On Feb 28, 2015 |
Our economy will b 4rm bad to worse and d povery level will deepen! |
Re: The Danger That Come With Naira Devaluation by akinz4: 6:40pm On Feb 28, 2015 |
bushdoc9919:@ Halimabi I dont think you have sense. When Stealing is Not Corruption. How many people can help financially in your family? |
Re: The Danger That Come With Naira Devaluation by Orikinla(m): 6:40pm On Feb 28, 2015 |
[size=14pt]Mr. Reno Omokri should have the answers. [/size] |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:42pm On Feb 28, 2015 |
grandstar: How? It was to be expected. We are running a mono economy.....and once the oil price falls...there goes our means of keeping the value of the naira up. Plus we overimport....losing Forex....which could have been used to keep the Naira up. As I have told you Nigerians many times....oil is a curse. You Nigerians should make your leaders lead us down the path of industries and innovation.....so that our forex stays in the country....and we would be able to shore up the naira better....and have a world class economy. But you Nigerians prefer to chop money....and to fight over the means of dividing the chop money. 2 Likes |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:46pm On Feb 28, 2015 |
kumbalo2014:what am saying is u should support the candidate and not th party and also must u politicize everything?....... by the way u didnt make a point with ur comment neither |
Re: The Danger That Come With Naira Devaluation by Nobody: 6:46pm On Feb 28, 2015 |
bushdoc9919:I bet you friend, only the enlightened without tribal cum ethnic affiliations will attest to these facts. The 3 best opportunities we missed as a nation are- the toppling of Buhari, the murder of Murtala Mohammed and lastly the failure of Nigerians to see Awolowo as their best leader ever. 1 Like |
Re: The Danger That Come With Naira Devaluation by ichidodo: 6:48pm On Feb 28, 2015 |
Devaluation of the Naira is good for the economy in the long run....We need to diversify the economy,curb imports and intensify efforts to boost exports most especially non-oil.....very strategic when you consider we are the biggest economy in Africa. |
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