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Nairaland Forum / Nairaland / General / Politics / US To Press Nigeria To Devalue Naira - Reuters (28707 Views)
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Re: US To Press Nigeria To Devalue Naira - Reuters by Stolen: 11:57am On Mar 29, 2016 |
Back to topic, anybody that follow current affairs know that for many years, UK/US have been lobbying and pushing for the devaluation of Nigeria currency because of the huge resource investment potential. They want to buy our economy for nothing and use the profit to expand their GDP. I have known this for a very long time. 17 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by JustCalMeDBoss(m): 12:01pm On Mar 29, 2016 |
Pls tell the myopic finance minister and the stupid commander in chef that they have to devalue the naira. It's the only solution 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by Stolen: 12:04pm On Mar 29, 2016 |
JustCalMeDBoss: Ghana currency is almost at par with the UK Pound. This imbe.cile want us to use Ghana most go to pack naira to buy Bread. U wonder Y Ndiigbo want their own country? Sometimes, I wonder how Nigeria will look without igbos. MOFO, is asking for inflation. 8 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by mars123(m): 12:12pm On Mar 29, 2016 |
Stolen:it's only a mentally deficient human that thinks killing imbeciles is relative to a nations growth and development. it leads me to ask: was it ogbomoso weed that did this to you? 6 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by EmeritusMbaM: 12:31pm On Mar 29, 2016 |
[s] new2020:[/s] Trash from a little kid. 10 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 12:49pm On Mar 29, 2016 |
Stolen: Boy, that's a lower jab combined with a punishing uppercut, you too much. Dont blame them, too much pickin dey nl, you dont need to argue with them |
Re: US To Press Nigeria To Devalue Naira - Reuters by danieljonez: 12:50pm On Mar 29, 2016 |
1st, I b like, who dictates 2 an independent country? Talking to US nw, I say hws d exchange rate ur business? Is it ur naira? Oil price fall, e no fall, is it ur fall?, we de beg u 4 money?Ae ur foreign companies nt increasing their fare by 100% Wn una suppose help nta bush 4 chibok gurls, u won't, wn u ae suppose 2 question our public officers wn dy bring mind blowing amount 2 ur country n bank, u won't, instead u invest with it n grow ur. Economy. Ae u scared say our loot dat will b sent over will b smaller nw?. Do me a favour, gerarahia, gerararhia mehn poo 3 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Atlantian: 12:55pm On Mar 29, 2016 |
amaechi1:The naira is already devalued in reality, but on paper its not. The CBN has an exchange rate, then the street has her exchange rate. Guess where most of the trading is done in private sector. You guessed right, at the BDC, so our naira is equal to the value at the black market, just that Presidency wants to save their face by pegging the CBN rate as official rate. There is nothing going on at official rate than the corruption of giving his wife 22m dollars from CBN to change to naira and keep the profit. That is the deal that is going on now. 6 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Ephemmm: 12:57pm On Mar 29, 2016 |
[s] new2020:[/s] To thunder is not to rain: continue dreaming....... |
Re: US To Press Nigeria To Devalue Naira - Reuters by Ephemmm: 1:01pm On Mar 29, 2016 |
new2020:[/s] He be like say na paw-paw weed you dey smoke: so, this is one of the ways you believe Biaf 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by tempest01(m): 1:43pm On Mar 29, 2016 |
They should focus on their country if they cannot help us in our security problems and economic growth. I support PMB on this. The dollar gains on a devalued naira, and that is the only thing the us wants. Let us collectively suffer now, and it will force us to diversify and grow. Opportunities will be created. What does the US really want? Why are they crying more than the bereaved? 8 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Julkanade: 1:52pm On Mar 29, 2016 |
Nah by force? |
Re: US To Press Nigeria To Devalue Naira - Reuters by SuzieeDee(f): 1:53pm On Mar 29, 2016 |
Dem be witches and wizard wey dem one press Nigeria to devalue naira? |
Re: US To Press Nigeria To Devalue Naira - Reuters by mmsen: 1:55pm On Mar 29, 2016 |
amaechi1: Nigerian oil exports to the US are at their highest rate for three years. http://af.reuters.com/article/investingNews/idAFKCN0WQ0GD |
Re: US To Press Nigeria To Devalue Naira - Reuters by Ayima: 1:56pm On Mar 29, 2016 |
US is very very stupid, what do we have to export. |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 1:59pm On Mar 29, 2016 |
DEIFIED:Happy birthday 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by ybalogs(m): 1:59pm On Mar 29, 2016 |
Abeg make una no just listen to what America has got to say about us. They're the proverbial devil that gives you one kobo to collect 15 Naira. Oloriburuku nation. 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 1:59pm On Mar 29, 2016 |
amaechi1: |
Re: US To Press Nigeria To Devalue Naira - Reuters by iyb(m): 2:00pm On Mar 29, 2016 |
Stolen:it will be a nation without scammers,thiefs,touts,drug dealers and manufacturers of fake substandard goods it will be a nation without insensitive bastards whose zeal to make money outweighs their conscience 2 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by akanbiaa(m): 2:00pm On Mar 29, 2016 |
new2020:Wake up from your dreams |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 2:00pm On Mar 29, 2016 |
new2020: How did you know mr information minister? Don't tell liar Mohamed has influenced you too |
Re: US To Press Nigeria To Devalue Naira - Reuters by Malakh: 2:01pm On Mar 29, 2016 |
then you become their bitcch Maisuya1: |
Re: US To Press Nigeria To Devalue Naira - Reuters by cold(m): 2:02pm On Mar 29, 2016 |
Makweembo:You had to go ruin everything by quoting some idiotic prophecy made by a con man 4 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 2:07pm On Mar 29, 2016 |
Maisuya1:Devaluing our currency reduces the pressure on foreign reserves, reduction in consumption of foreign goods thereby increase local production and provide employment in the long run. The negative part is that since most of our products or services used are imported, there's the possibly of inflation which we are seeing now. It's a two sided thing for us as it has it's advantages and disadvantages |
Re: US To Press Nigeria To Devalue Naira - Reuters by obua: 2:07pm On Mar 29, 2016 |
Who is benefitting from from the cbn exchange rate?Every price locally has gone up in view of the market value of the naira and we are still debating about devaluation. Naira has been devalued while the cbn is now subsidising those who have access to the cbn rates. Makweembo: 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by Nobody: 2:08pm On Mar 29, 2016 |
Atlantian: 1) Companies are now being forced to patronise local goods. 2) Importers can no longer import foreign goods that are produced locally. 4 Likes |
Re: US To Press Nigeria To Devalue Naira - Reuters by idupaul: 2:08pm On Mar 29, 2016 |
If the USA loves our Naira so much all they have to do is start buying our oil again 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by nepapole(m): 2:09pm On Mar 29, 2016 |
DEIFIED:Happy birthday o jare. No mind that U.Seless U.S. Always gbeboruing. 1 Like |
Re: US To Press Nigeria To Devalue Naira - Reuters by PecE2Make: 2:09pm On Mar 29, 2016 |
Press waiting? For what for? |
Re: US To Press Nigeria To Devalue Naira - Reuters by Guyman02: 2:09pm On Mar 29, 2016 |
Dont listen to the Americans on this one. Many Nigerians have started looking at and buying Made In Naija goods like toothpicks made from chewing sticks and no attempt should be made by PMB to spoil that now. For the first time me and my family now eat made in Nigeria Rice and Chicken. IMF Managing Director was here for the same reason and it failed, World Bank came here asking for the same thing it failed and now the US Govt is coming directly. Wetin we do this Oyinbo people; I believe that they have seen that Nigeria is a big market wit so much potential. They supported PMB with hope that he will be their puppet but that seems not to be working. We shall overcome. 7 Likes |
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