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Nairaland Forum / Nairaland / General / Politics / I’ll Make Naira Equal In Value To Dollar, Says Buhari (83924 Views)
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I’ll Make Naira Equal In Value To Dollar, Says Buhari by Omooba77: 8:43pm On Mar 23, 2015 |
Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office. Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri. “It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said. He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected. Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing. Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth. He said that Buhari was loved by the people in the region and urged them to elect him and other APC candidates during the March 28 and April 11 general elections. Former governor of Anambra, Mr Chinwoke Mbadinuju and former Minister of Education, Chinwe Obaji, were formally welcomed to the APC at the rally. The rally was attended by APC supporters from Abia, Ebonyi, Anambra, Enugu and Imo. (NAN) http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/#sthash.eALwzZ4V.dpuf 16 Likes 3 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by fallout87: 8:44pm On Mar 23, 2015 |
That is one of the stupidest utterances in this election if it is true. Does this Buhari not understand inflation? He obviously doesn't understand a thing about GDP or the economy... 775 Likes 94 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Omooba77: 8:45pm On Mar 23, 2015 |
So help us God,I fear for Nigeria my great country 53 Likes 7 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 8:45pm On Mar 23, 2015 |
This is someone that understands the economy speaking and not the clueless one who keeps Naira unstable. 97 Likes 10 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Omooba77: 8:47pm On Mar 23, 2015 |
Princecalm: This is economy jargon,ask jarus 248 Likes 10 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Omooba77: 8:48pm On Mar 23, 2015 |
Princecalm: Even Japan,China can not achieve this 376 Likes 21 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by kendrick9(m): 8:50pm On Mar 23, 2015 |
Just like he said that he will reduce world oil price.. is this man dreaming? Someone who doesn't have a certificate,lol Gej till 2019 449 Likes 26 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by fallout87: 8:51pm On Mar 23, 2015 |
Omooba77: What he said is the height of stupidity. Now that is being clueless. Does he even now how to increase the value? Is his strategy to artifical inflate the naira by buying it up? I just shake my head at such nonsense 371 Likes 23 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 8:51pm On Mar 23, 2015 |
Omooba77:can you compare Nigeria's population to that of China? 4 Likes 2 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by customized07: 8:52pm On Mar 23, 2015 |
Buhari don come again 236 Likes 5 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by SLIDEwaxie(m): 8:53pm On Mar 23, 2015 |
Error... This is when corrupt practitioners won't let u win.... 4 Likes |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by PapaBrowne(m): 8:54pm On Mar 23, 2015 |
Princecalm: Are you serious Your speech just gave you off as someone who lacks complete understanding of Economics> Illiteracy no be moi moi oh!! Ha! So if someone tells you he will equate the value to the dollar you would just swallow it hook line and sinker?? What were you doing when others were attending Economics class?? For the Naira to be equal to the dollar, you would need to see our dollar reserve rate go to something like a trillion dollars!! Even with 20 years of 20% economic growth rate, we would probably not be there!! Now the bigger lesson for you is that a very strong Naira is not good for our country especially if you want to produce goods and export competitively.. Now let me explain that to you: A bag of Dangote cement sells for 1500 Naira. When the dollar was 160 Naira, that bag of cement was equal to $9. At the new rate of 215 Naira, that same bag of cement is now equal to $7. That means if Dangote wants to sell his cement in Albania, he has a better price point than he would have had 5 months ago. Now imagine the Naira is exchanging at 5 Naira to a dollar. That same bag of cement would now be equal to $300. Where on planet earth would he be able to sell his bag of cement at that price?? Any country that desires to produce and export to the rest of the globe, prays for a weaker currency to allow its goods better pricing amongst competitors. If Buhari understands economics, he will never pray for a very strong Naira except of course he wants us to keep importing everything!! 484 Likes 48 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 8:54pm On Mar 23, 2015 |
Omooba77:He has done it b4 and this will not be an exception. 16 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Nobody: 8:56pm On Mar 23, 2015 |
fallout87:[b]In the land of "Jon" located at the city of "athan"so much people suffered from a disease called "corr"which broke out from the river called river "uption"this disease killed so many people living in that city but their king called king "stea"L of the "ing"kingdom do not even know what to do but he had to consult a friend of his who is also a king of another city called "clue"from the tribes of "less",he told his friend the problem he is facing in his own city and his friend told him that they should consult the gods of "bu"in the "hari"shrine ,"bu"revealed to them that they can stop the disease of"corr"which was caused by river"uption" he said they need to perform a sacrifice of "dis"to the tribes of "ci" in lake "pline","bu"also revealed to them that they should consult a spiritual priest named "inte"who hails from the city of "grity"he said the priest is the one to do the rituals, the king obeyed the instructions and there after all the people of the land of "jon"in the city of "athan finally"got saved after "Bu"of the greatest "hari"answered their prayers,...everyone in that city was happy that they were saved from the disease of "corr"caused by the river "uption"...so that was how the people of the city of "athan"choosed the gods of "Bu"and decided to worship at the "hari"shrine so that they can continue to have a better life,even the king worshipped "bu"of the "hari"kingdom and begged him to take control of the city so that they can continue to live a very better life..... Wakacome[/b] 54 Likes 4 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 8:57pm On Mar 23, 2015 |
PapaBrowne:you are the one that don't, Ged measures of tackling inflation was poor. 6 Likes |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by fallout87: 8:57pm On Mar 23, 2015 |
Princecalm: Done what? My friend sit down and educate yourself! This man has never dealt with economic world crisis or the severe deflation of national currency. The man can't even tell you one way he would go about doing this. You can't as well. Smh, my people die because of IGNORANCE. 231 Likes 18 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by WisdomFlakes: 8:57pm On Mar 23, 2015 |
PapaBrowne: Are you telling us that you would rather the naira continue to lose value relative to the dollar instead? Don't just make Stu.pid statements all coz you supprt Gudluck. Use your brain for once! 28 Likes |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Omooba77: 8:58pm On Mar 23, 2015 |
Princecalm: Oga,please dont tell me rubish sir,1983-1985 is not today,go and check records and compare,dont be blinded by sentiment.Check Euro vs dollar ,you will graps what is really happening . 48 Likes 4 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by nationwide1(m): 8:58pm On Mar 23, 2015 |
This oga don come again. That's how he said he would stabilize oil price. How did he say he would do this one? 95 Likes 9 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Nobody: 9:00pm On Mar 23, 2015 |
He has started again oooo.....He's yet to tell us how intends to unilaterally stabilize global oil prices. 32 Likes 2 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by brownlord: 9:00pm On Mar 23, 2015 |
Only if you believe this woman, then you can take Buhari serious on this issue. 134 Likes 12 Shares
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Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by mrmetoo1: 9:01pm On Mar 23, 2015 |
I'm sorry but where did the OP get the topic from in that article? 17 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by jmaine: 9:02pm On Mar 23, 2015 |
Lolz . . . .Did he really say that ? . . . . . 24 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by CHM11: 9:03pm On Mar 23, 2015 |
Just the same way he made cow and goat business more lucrative than crude oil and gas business. Mumu old man who can't remember the meaning of APC. He can't even remember the name of his vice!!!!... 115 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by bondingman: 9:03pm On Mar 23, 2015 |
Buhari will never cease to amaze me That's what happens when a semiliterate handles d mic From stabilizing oil prize to this 72 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 9:04pm On Mar 23, 2015 |
fallout87:why should he tell u the way he will go about it in the first place, yours is to sit and watch how the economy turns around. 3 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by bondingman: 9:04pm On Mar 23, 2015 |
Omooba77:Don't mind him Like buhari like follower 51 Likes 1 Share |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Splashme: 9:05pm On Mar 23, 2015 |
[size=15pt]Illiteracy is a disease. This man is a joke. Buhari is better off caring for his cows in Daura, I swear. Previously, he claimed he would stabilise oil prices. Now, he would make the naira equals a dollar. No wonder APC hawks are shielding him from debate.[/size] 178 Likes 16 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by mycar: 9:06pm On Mar 23, 2015 |
Hmm, someone needs to be smacked on the buttock, he has indeed lost touch with reality. GEJ has no reason not to win in this election, maybe, a more qualified candidate will emerge in 2019. Opposition should not lose a sleep either, we need them to keep the government on their heels. We will surely vote for their senators. Na so e be and na so, e go be! 59 Likes 3 Shares |
Re: I’ll Make Naira Equal In Value To Dollar, Says Buhari by Princecalm(m): 9:06pm On Mar 23, 2015 |
Omooba77:for sure and that why you need to amend and make changes as things around you do and not just by following a one way policy. GED never came up with something new. 1 Like |
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