nnachukz:
I will make $1=N1. The zombies jumped up, they never cared to ask for the multiplier. Today it is clear the man meant $1=N1*10^3. or even more.

kahal29:


Those are the ones who actually need the dollars to import raw materials and other capital goods for further production but the problem we have at hand is that too many people are demanding for the dollars to import rubbish (toothpick, foreign nails/hairs, palm oil etc) into this country thereby mounting pressure on the exchange rate because the demand for forex exceeds its supply making the price to go up. Supply cannot meet the demand for forex because of our mono product economy. We only export oil and nothing more

nnachukz:
I will make $1=N1. The zombies jumped up, they never cared to ask for the multiplier. Today it is clear the man meant $1=N1*10^3. or even more.

kolnel:
It's just for the mean time
I don't know about the parallel rate cos I don't need it and so lots of others
Lots of companies are moving here to naija already
Virony is building in Ogun state right now because lots of potentials for them here
We can't keep importing everything from hdf boards to toothpick and expect our economy to grow

Koleman:
hahaha oga the trend is inevitable wen u study the factors involved. even China and Russia are not been spared.

onatisi:

The plan is already on. Have i predicted one thing about this government and missed ? [b]Read through all my predictions about buhari even before he won the elections [/b]and after .Just wait and see . You will later realize how right I was .

Koleman:
I need the video. forget paper news

takuradua:

Do I look like your camera man? Geh lost

Koleman:
oga no vex. in the words of Ben Murray Bruce: "am just trying to make common sense"

Firefire:


Don't you think the government should further apply some forms of import restrictions on the FX excluded 41 items ? Maybe increase the import duty to 69.4% to further discourage its import?

mrjangaweed:
killing Buhari psychologically and emotionally is a task everyone should embark on if you still want a better tomorrow

quote me anywhere

kahal29:


See my brother "my people" will find a way to bring it in and people will even pay double to buy them. It's a psychological thing and until that orientation is changed we are going nowhere. Am also part of the problem cause I also default in some areas (ie taste for foreign made goods). Take the case of imported leather seat's.... This things are produced here and with 200k and above you can get a good one but you see our people complaining about the finishing, saying the sowing its not good, its not neat and the rest of them and prefer to buy a those foreign made ones that cost as much1.5 and 2.8 million thereby exporting jobs to those countries that produce them and in turn importing Unemployment and exchange rate crises into our country. However if we patronise these locally produced ones with time they will improve on the sowing and finishing and also their market size, sales and revenue base will also increase leading to more jobs and even exporting to those other countries we were previously importing from.

Firefire:


We all predicted one thing or the other, don't you think is time we start predicting and prophesying good things for our Jerusalem, not minding the gathering of the vultures called APC ?

onatisi:

There is no magic that can make a round peg fix squarely well in square hole. When the foundation is faulty there is nothing the righteous can do .Nigeria has blood sucking vampires as leader and they expect progress Until the right ppl get into power there wont be progress in that country. The problem with Nigeria is foundational and until the foundational problem is resolved the nation will keep moving in circles or backwards. The nation first needs to be restructured to have true federalism and that is something that will take donkey years to fulfil.then the political system needs to be changed,it is that system that produces the likes of buhari,tinibu ,obj and olabode George as political leaders,a faulty political system will always produce faulty crooked political leadership. Then lasly is the mind set of Nigerian ,actually this particular one will take generations to change so there is no point elaborating on it.
No wonder woke soyinka said on BBC during Abacha time that the damage the political system has done to the Nigerian psyche and society will take generations and not decades to rectify

Firefire:


Don't you think the government should further apply some forms of import restrictions on the FX excluded 41 items ? Maybe increase the import duty to 69.4% to further discourage its import?

kahal29:


See my brother "my people" will find a way to bring it in and people will even pay double to buy them. It's a psychological thing and until that orientation is changed we are going nowhere. Am also part of the problem cause I also default in some areas (ie taste for foreign made goods). Take the case of imported leather seat's.... This things are produced here and with 200k and above you can get a good one but you see our people complaining about the finishing, saying the sowing its not good, its not neat and the rest of them and prefer to buy a those foreign made ones that cost as much1.5 and 2.8 million thereby exporting jobs to those countries that produce them and in turn importing Unemployment and exchange rate crises into our country. However if we patronise these locally produced ones with time they will improve on the sowing and finishing and also their market size, sales and revenue base will also increase leading to more jobs and even exporting to those other countries we were previously importing from.

Firefire:


Don't you think the government should further apply some forms of import restrictions on the FX excluded 41 items ? Maybe increase the import duty to 69.4% to further discourage its import?

onatisi:

The plan is already on. Have i predicted one thing about this government and missed ? Read through all my predictions about buhari even before he won the elections and after .Just wait and see . You will later realize how right I was .

onatisi:

The mistake you are making is that you still don't know or understand the man called buhari. Well by 2017,you will realize what I have been saying about this man. Even many of his ministers are now regretting accepting his jobs and appointments