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Nairaland Forum / Nairaland / General / Politics / External Reserves Hit 2017 High At $30.56bn (9018 Views)
Nigeria’s External Reserves Hit $44bn First Time In 2019 / At $43.507bn, External Reserves Hit Five-month High / Nigeria’s Foreign Reserves Hit $47 Billion - Surpass That Of South Africa by $4b (2) (3) (4)
Re: External Reserves Hit 2017 High At $30.56bn by lepaciousfunmi(f): 11:36am On Apr 20, 2017 |
35k bi0nics: |
Re: External Reserves Hit 2017 High At $30.56bn by lepaciousfunmi(f): 11:37am On Apr 20, 2017 |
Am real seguno2: |
Re: External Reserves Hit 2017 High At $30.56bn by Emyres: 11:37am On Apr 20, 2017 |
plus the busted $43m. |
Re: External Reserves Hit 2017 High At $30.56bn by bi0nics: 11:39am On Apr 20, 2017 |
Re: External Reserves Hit 2017 High At $30.56bn by donqx: 11:39am On Apr 20, 2017 |
all the billions everywhere.still no improvement |
Re: External Reserves Hit 2017 High At $30.56bn by Atlantian: 11:40am On Apr 20, 2017 |
Of what use is the accumulation of external reserves when I finance my electricity and produce my drinking water, contribute Estate dues to construct streets, gutters and even pay for Estate Security. Am I living in an Independent State within Nigeria, yet a Nigerian ? Pray tell me, you knowledgeable ones. Are Nigerians people living in Nigeria or People who benefit from being a Nigerian from the shared wealth among the men wey sabi ? 2 Likes |
Re: External Reserves Hit 2017 High At $30.56bn by lepaciousfunmi(f): 11:41am On Apr 20, 2017 |
Wats dat abt? If u re not interested den voice out, abi, na by force? bi0nics: |
Re: External Reserves Hit 2017 High At $30.56bn by lollmaolol(m): 11:41am On Apr 20, 2017 |
femi4: I was looking for sm1 to sing the song with..... Nice |
Re: External Reserves Hit 2017 High At $30.56bn by Odumanudo: 11:41am On Apr 20, 2017 |
This is good/bad news. Good news that the foreign reserve is increasing, but bad news that the crude production has fallen to 1.2 million barrels per day. OPEC gave Nigeria a production window of 2.2 million barrels per day. PMB and his crew should sit tight to remedy the situation. We need to earn all the Dollars as much as possible from the maximum production of crude. However, we need the highest transparency and openness in the oil sector and the management of FOREX. |
Re: External Reserves Hit 2017 High At $30.56bn by burkingx(f): 11:42am On Apr 20, 2017 |
lepaciousfunmi:.... ![]() 1 Share
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Re: External Reserves Hit 2017 High At $30.56bn by bi0nics: 11:43am On Apr 20, 2017 |
lepaciousfunmi: Na fight?? Nice dp BTW. . I love ladies whose face are devoid of make-up. . Thumbs up. 1 Like |
Re: External Reserves Hit 2017 High At $30.56bn by lepaciousfunmi(f): 11:47am On Apr 20, 2017 |
whatever!!! How are you doing? bi0nics: |
Re: External Reserves Hit 2017 High At $30.56bn by Rilwan20(m): 11:48am On Apr 20, 2017 |
Haters will whisper your success but will amplify your shortcomings. I thank I read something positive about this country today. Good news hardly make headline these days. My ultimate aim for 9ja is for to drift from consumerism to a production/manufacturing Nation that is the only way we proffer solution to this Naira-dollar palaver. |
Re: External Reserves Hit 2017 High At $30.56bn by bi0nics: 11:48am On Apr 20, 2017 |
1 Like |
Re: External Reserves Hit 2017 High At $30.56bn by lepaciousfunmi(f): 11:50am On Apr 20, 2017 |
Before nko? Lol radaada (in Jenifer's voice) bi0nics: |
Re: External Reserves Hit 2017 High At $30.56bn by ayokellany: 11:51am On Apr 20, 2017 |
seguno2: so Jonathan left Nigeria reserve at $30 billion dollars ? |
Re: External Reserves Hit 2017 High At $30.56bn by seguno2: 11:53am On Apr 20, 2017 |
ayokellany: Why do you want to perish for lack of knowledge? Why do you want to perish? https://www.nairaland.com/3353724/stop-complaining-jonathan-left-30billion 1 Like |
Re: External Reserves Hit 2017 High At $30.56bn by jericco1(m): 11:53am On Apr 20, 2017 |
Internal reserves nko? |
Re: External Reserves Hit 2017 High At $30.56bn by wristbangle: 11:55am On Apr 20, 2017 |
Odumanudo: Bros, can you enlighten me on what is responsible for the production fall? |
Re: External Reserves Hit 2017 High At $30.56bn by Jesusloveyou: 12:22pm On Apr 20, 2017 |
TIDDOLL:is the same figure you were using to abuse buhari 1 Like |
Re: External Reserves Hit 2017 High At $30.56bn by oluking: 12:48pm On Apr 20, 2017 |
Atlantian: GBAM!!! |
Re: External Reserves Hit 2017 High At $30.56bn by cornelin(m): 1:27pm On Apr 20, 2017 |
please let this increase in the external reserve be reflected as an equal decrease in the internal reserve pricing policy of our basic commodity. Until then......paper talk |
Re: External Reserves Hit 2017 High At $30.56bn by eyinjuege: 2:26pm On Apr 20, 2017 |
smartty68: I guess its a slow but steady process. No one should expect magic, and things initially go bad before it starts to improve. America had a recession some years ago, infact the whole world had a recession. But its all in the past now. It took almost two year in a country with a proper structure and system in place. We will get there if individuals in the populace are ready to put their foot down against all thieves representing us, and are ready to tackle corruption |
Re: External Reserves Hit 2017 High At $30.56bn by Yyeske(m): 2:43pm On Apr 20, 2017 |
TIDDOLL:If the reserve was being depleted and naira losing value, you quickly pay attention to the figures |
Re: External Reserves Hit 2017 High At $30.56bn by deavicky(m): 3:30pm On Apr 20, 2017 |
While Nigerian's are suffering, the country Is busy claiming they have foreign reserve. I guess save money at the detriment of the people. |
Re: External Reserves Hit 2017 High At $30.56bn by Mambox: 3:47pm On Apr 20, 2017 |
Considering that over $1bn has already been spent in the defence of the Naira over the past months. This is no small feat. With the decline in oil production from 2mbpd to less than 1.3mbpd, it will be difficult to continue defending the Naira without depleting the reserves. Like I always argued, increased production and high oil prices are our quickest wins against a nose-diving economy. Economic diversification is not achieved overnight and 5yrs is the shortest possible. However, achieving local food security and sustainability is the easiest way to cramp inflation. God bless Nigeria. |
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