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Nairaland Forum / Nairaland / General / Politics / Economic Blackmail By Foreigners And Their Protegees (15714 Views)
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Economic Blackmail By Foreigners And Their Protegees by nobaga: 11:28pm On Mar 28, 2016 |
Economic Blackmail By Foreigners And Their Protegees [b]So unless Nigeria opens up its limited foreign reserves to everyone that desires as much foreign goods and services as he wants, the Country is going to blazes. But if the Country exhausts all its foreign reserves, it will be saved from economic ruins? If we are to believe these foreign trained economists, their magazines, newspapers or prostitutes, Nigeria has no choice but to devalue its currency so that it can pay more in local currency for their odious loans, goods and services. http://newsrescue.com/economic-blackmail-by-foreigners-and-their-protegees-by-farouk-martins-aresa/#axzz44Esly7jb 65 Likes 13 Shares |
Re: Economic Blackmail By Foreigners And Their Protegees by tpiah01: 11:29pm On Mar 28, 2016 |
![]() 2 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by babasolution: 12:49am On Mar 29, 2016 |
This write up is very insiteful,foreigners re milking this country dry,nigerians they look like mumu,na only to talk n joke nigerians fit do,nigerians re generally stupid because we never take action on any issue,especially the southerners,Nigeria oh nigeria when shall thee arise! 31 Likes 3 Shares |
Re: Economic Blackmail By Foreigners And Their Protegees by Noblebrown7(m): 8:03am On Mar 29, 2016 |
Booked |
Re: Economic Blackmail By Foreigners And Their Protegees by Boscojugunu(m): 8:03am On Mar 29, 2016 |
Nice piece. Wailers food Don done 3 Likes 1 Share |
Re: Economic Blackmail By Foreigners And Their Protegees by demarc001: 8:03am On Mar 29, 2016 |
True but hope its not Another Excuse, did all these start today? Or somebody will tell me it started under GEJ 13 Likes 1 Share |
Re: Economic Blackmail By Foreigners And Their Protegees by Integrityfarms(m): 8:04am On Mar 29, 2016 |
We voted a government for change and should be able to live up to expectations and not coming up with bull craps to blame the citizenry! 18 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by sheunsheun(m): 8:05am On Mar 29, 2016 |
And you expect me to read all that? ![]() 1 Like 1 Share |
Re: Economic Blackmail By Foreigners And Their Protegees by Nobody: 8:05am On Mar 29, 2016 |
It is a good article. Devaluing the naira now would exhaust our forex reserves.....making things more difficult for us..and weakening the naira badly. 7 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by nonstan(m): 8:06am On Mar 29, 2016 |
nice one 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Rexphobia(m): 8:06am On Mar 29, 2016 |
It's a dog eat dog world... Eat or get eaten 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by brilliant5(m): 8:06am On Mar 29, 2016 |
. 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Nobody: 8:06am On Mar 29, 2016 |
Integrityfarms: Nice to know...what do you think that the government should do instead of what it is doing? If you want your currency devalued....chances are that it would make things worse. 9 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by braine(m): 8:06am On Mar 29, 2016 |
Nice write up. |
Re: Economic Blackmail By Foreigners And Their Protegees by krall69: 8:07am On Mar 29, 2016 |
So what is the way forward? 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Nobody: 8:07am On Mar 29, 2016 |
demarc001: No....just pointing out why it is a bad idea to devalue. Agreed, the foreigner line was a bit unnecessary. Ultimately....Nigeria must be a producer of goods whose prices it can control. 16 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by knackz(m): 8:08am On Mar 29, 2016 |
seen 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by seunlayi(m): 8:09am On Mar 29, 2016 |
Awolowo and Co are watching in 3d 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Jeffoo(m): 8:09am On Mar 29, 2016 |
We all know this..... But African govt also contributed to it. They give the so call foreign company too much respect 3 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by dokunbam(m): 8:09am On Mar 29, 2016 |
Quakertellicus1: Good thinking In this era, I see hope 2 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by jcross19: 8:09am On Mar 29, 2016 |
Nigerians will suffer because this people are not ready for any thing, only giving excuses for their faliure. 2 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by blazetitov: 8:09am On Mar 29, 2016 |
They will fail!! Will should not allow them turn the country into a dumbing ground for all manner of fake products. 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Integrityfarms(m): 8:10am On Mar 29, 2016 |
Quakertellicus1: As a development Economists am against devaluation for the Naira! The odds are against us in devaluation! 7 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by AreaFada2: 8:10am On Mar 29, 2016 |
APC blamed GEJ for everything since 1914! Did APC think governance is a walk in the park and they will not have to solve problems? Did they not realise that they are not magicians before making outrageous promises? 8 Likes 2 Shares |
Re: Economic Blackmail By Foreigners And Their Protegees by matacastro: 8:12am On Mar 29, 2016 |
Only God can save Nigeria... The blood of all those killed to get this power are crying for justice 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by Nobody: 8:12am On Mar 29, 2016 |
talk. |
Re: Economic Blackmail By Foreigners And Their Protegees by Raymonbell(m): 8:12am On Mar 29, 2016 |
Insightful and thought provoking God bless the OP 1 Like |
Re: Economic Blackmail By Foreigners And Their Protegees by wristbangle: 8:12am On Mar 29, 2016 |
Wonderful and Insightful article AreaFada2: Did u read the article? ![]() 14 Likes 1 Share |
Re: Economic Blackmail By Foreigners And Their Protegees by AreaFada2: 8:15am On Mar 29, 2016 |
Quakertellicus1: And provide an enabling environment (light, transport, fuel, security, solid economic policy, respect for judiciary, freedom of speech) for the private sector to boom. If not, goods produced locally will be more expensive than imported. That kills local production. 8 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by onatisi(m): 8:15am On Mar 29, 2016 |
krall69:The only solution this government has presented to the problem so far is to keep blaming past governments. 2 Likes |
Re: Economic Blackmail By Foreigners And Their Protegees by Nobody: 8:16am On Mar 29, 2016 |
Nice op 7 Likes
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Re: Economic Blackmail By Foreigners And Their Protegees by Firefire(m): 8:17am On Mar 29, 2016 |
onatisi: The stupidity of this government is unlimited, let the buck passing continue, 4 years go soon reach. 6 Likes 7 Shares |
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