Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,200,889 members, 7,976,326 topics. Date: Wednesday, 16 October 2024 at 04:56 AM |
Nairaland Forum / Nairaland / General / Politics / US To Press Nigeria To Devalue Naira - Reuters (28708 Views)
Tension Grips Nigerian City As Separatist Leader Goes Missing - REUTERS / Nigerian Secessionists Greet Trump As Help Against Muslim North- Reuters / I Was Overthrown In 1984 For Refusing To Devalue The Naira – Buhari (2) (3) (4)
(1) (2) (3) (4) (5) (6) (Reply) (Go Down)
US To Press Nigeria To Devalue Naira - Reuters by Makweembo: 10:00am On Mar 29, 2016 |
The United States said on Monday it will press Nigeria in talks this week to adopt a more flexible foreign exchange rate to boost growth and investment in Africa’s largest economy.SOURCE: http://www.reuters.com/article/us-usa-nigeria-currency-idUSKCN0WU1M4 My comment - I am not surprised. This is EXACTLY what TB Joshua said in his 2016 prophecy: "The president will do everything to reject revaluation of the naira - which is a good idea from a good leader. But there will be overwhelming pressure which he will not be able to resist. Nigerians, support and pray for your leader. The future is crying for help." 47 Likes 3 Shares
|
Re: US To Press Nigeria To Devalue Naira - Reuters by chriskosherbal(m): 10:04am On Mar 29, 2016 |
Really!!! Hmmmm |
Re: US To Press Nigeria To Devalue Naira - Reuters by SUPERPACK: 10:06am On Mar 29, 2016 |
Manage ur economy first b4 looking for Nigeria 34 Likes 2 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by Bevista: 10:06am On Mar 29, 2016 |
This is a difficult decision for the president and monetary authorities. There are benefits/challenges on either side of the divide, but the decision of policy makers is based on what they consider the priority of the economy. --- I believe the priority right now is to promote local manufacturing & production, especially in critical sectors of the economy. This will cause some temporary hardship but will lead to longterm benefits like job creation, improved Balance of Trade, self-sufficiency, etc. 63 Likes 6 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by Femich18(m): 10:06am On Mar 29, 2016 |
Make dem dey press dey go. we dey dey look where all the pressing go lead to 4 Likes 2 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by psucc(m): 10:08am On Mar 29, 2016 |
The simple way for that is to stir the next round of oil price fall and it's done. 2 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by DEIFIED(m): 10:09am On Mar 29, 2016 |
Shey nah dem born us, or dem adopt ni, yeye people. Well today is my birthday, so i am in a good mood. 51 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by amaechi1: 10:11am On Mar 29, 2016 |
I am tempted to believe that some of our economical woes may be connected to foreign interference. On who's interest to devalue? Rather than returning our loot stored in different banks in US to develop our economy, the US is pressing for killing the naira. US come and buy oil from us not devaluation! 102 Likes 5 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by amaechi1: 10:12am On Mar 29, 2016 |
DEIFIED: Don't mind them. Happy birthday jaree! 15 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by Makweembo: 10:13am On Mar 29, 2016 |
Just for those doubting TBJ actually said this, you can watch it on YouTube: https://www.youtube.com/watch?v=NjrAXxXxaso?t=11m 8 Likes 3 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by superstar1(m): 10:15am On Mar 29, 2016 |
E no go beta for dem They have realised that IMF and World Bank suggestions failed. It is good to have a resolute and strong-willed man as the President. 50 Likes 2 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by egalitarian78: 10:15am On Mar 29, 2016 |
I just hope devine wisdom is called into play cos with d logic for and against this devaluation no one actually knows which side is saying d truth. My only support for d President stand is cos TB Joshua had earlier posited it to be a good idea. 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by jmichlins(m): 10:15am On Mar 29, 2016 |
I think am trusting the president on this one because if he could hold on when the budget have not been passed and oil was selling like water he can hold on now there is light. There will have been a president it is then i will be afraid 14 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by dunkem21(m): 10:19am On Mar 29, 2016 |
Anything to ease the sufferings, haba |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 10:28am On Mar 29, 2016 |
Time wasters! No need as the Dollar would be devalued after the general elections. Its only with time. Nonsense currency! 3 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by molotov1: 10:33am On Mar 29, 2016 |
So ladies and gentlemen, why are the US and other western allies so concerned about the value of our Naira ? Is this not a conspiracy ? 37 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by DEIFIED(m): 10:35am On Mar 29, 2016 |
amaechi1:Thanks baba. 1 Like 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by DEIFIED(m): 10:35am On Mar 29, 2016 |
amaechi1:Thanks baba. |
Re: US To Press Nigeria To Devalue Naira - Reuters by femifemo123: 10:41am On Mar 29, 2016 |
No be only "press" na "push" 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by Sabadon(m): 10:43am On Mar 29, 2016 |
molotov1:I tire oooo no hunter means well for a game 9 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 11:05am On Mar 29, 2016 |
This one nah cake walk for US...Obama go tell Buhari, choose one: devalue Naira or We will openly push for Biiafra Independence and support with military option if need be. Want to end up like Gaddafi? Before him finish, Buhari go say...consider it done! I assure you between God and man...Buhari will come back and devalue Naira. 11 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by Maisuya1: 11:08am On Mar 29, 2016 |
My question is simple. If we devalue our currency and exhaust our less than $30b in foreign reserves on imports (by subsidizing import and not replenishing the reserves as oil is at an all time low)- then what? 19 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by modath(f): 11:11am On Mar 29, 2016 |
psucc: Pseudo economist, there is a level US can fight ISIS to & then have no choice but to throw in the towel. The projection of sub 25$ crude price is no longer happening... Do small research about shale production & the impact of low oil prices & my other points then let's have a robust argument... amaechi1: Tempted kwa? It's a FACT... If we are self sufficient, we will no longer be available to boost their economy... All the jagbajantis we keep importing, all the travel taxes, the medical tourism etc 19 Likes 2 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by princemillla(m): 11:25am On Mar 29, 2016 |
No be press alone na match dem for match us to devalued our naira. The earlier the better we start putting this white people where they belong 14 Likes 2 Shares |
Re: US To Press Nigeria To Devalue Naira - Reuters by MaziOmenuko: 11:29am On Mar 29, 2016 |
Our president has said it times without numbers: give him a concrete reason to devalue the naira and he would gladly oblidge. Unfortunately, all we get is economic mumbo-jumbo that doesn't translate to a direct benefit to the populace. President Buhari doesn't succumb to threat: of course the older generation knows this. 30 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by MaziOmenuko: 11:32am On Mar 29, 2016 |
psucc: Loooolll...we've seen and survived worst,we can't be coerced into anything we don't want to do. 11 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by Stolen: 11:36am On Mar 29, 2016 |
hahahahaha! Who don't know all the sudden Economic crisis Nigerians are experiencing are manipulation from Buhari APC led government to cripple the naira and pay their debt to the US/UK that brought them to power. UK/US are trying to buy up resources and invest in critical sectors of the economy for next to nothing once the Naira is crippled. Now Americans have come out to say it to the daft Nigerians. Can dey read in between the line? Can they? hisssss! 2 Likes 1 Share |
Re: US To Press Nigeria To Devalue Naira - Reuters by mars123(m): 11:41am On Mar 29, 2016 |
Stolen:****just 1 question for you. who America don help before? 19 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 11:42am On Mar 29, 2016 |
superstar1: ****.they never start yet with Buhari, you are here calling him strong strong man. All they need to do is to threaten him with Biiafra, he will devalue it to 300 naira. You don't understand how the world works. Let him proof stubborn...Gaddafi and Gbagbo treatment will await him. Personally I think Naira should be devalued to 220 officially. This will bring parralel market rate to 230. This will help ordinary Nigerians. As it's right now only the elite are enjoying the astounding difference in official and parralel market rates. 3 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by SleekAboki: 11:43am On Mar 29, 2016 |
--- |
Re: US To Press Nigeria To Devalue Naira - Reuters by seunny4lif(m): 11:48am On Mar 29, 2016 |
Please don't devalue naira oooh All this western countries don't want good it about Africa 2 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Stolen: 11:51am On Mar 29, 2016 |
mars123: Commenting is not by force if u have nothing valuable to contribute. It is better to be silence dan 4 people to know ur empty upstairs. Until Nigerians exterminate imbeciles, we will continue to suffer. U are a hopeless liability to ur nation. 1 Like |
(1) (2) (3) (4) (5) (6) (Reply)
How 25 Senators Can Impeach Saraki By Sunusi Musa / Abdullahi Adamu Resigns From Senate / Peter Obi's Supporters Walk In Edo State Ahead Of Friday's Rally (Pictures)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 35 |