fallout87:
Did he also thank Buhari for that 1 million being worth only 2700 US dollars when prior to Buhari it was worth 5000?

Let him not forget to thank Buhari and his short-sighted economic policies for that as well

SalamRushdie:
Good for him The only problem is that Buharis Govt has devalued the Naira so much that 1 million naira is now 2700 dollars while under the last govt it would have been 7000 dollars ..

SweetPuffPuff:
buhari aint give u that,sir

SalamRushdie:
Good for him The only problem is that Buharis Govt has devalued the Naira so much that 1 million naira is now 2700 dollars while under the last govt it would have been 7000 dollars ..

SalamRushdie:


Kai Buhari has failed and nobody will continue with him jare

michlins:
Before you lament and castigate him, just know some people are hitting it right now in this economy and with bubu in power. Ask the forex guys and now him

jaymichael:
The last government that devalued the naira twice in 6 months. Dollars was about 240 when this government took over and was climbing. The salvage of the nation's economy may not be going as fast as we would want it to go but if we had retained the last government, and based on the economic indices then, the naira would be far devalued than this.

san316:


Did the man tell u he is travelling abroad or he wants to convert to and spend the money in dollars?

Uglyboy:

Buhari devalued?
How much was crude oil our major source of income under the last government and how much is it now?

michlins:
Before you lament and castigate him, just know some people are hitting it right now in this economy and with bubu in power. Ask the forex guys and now him

fallout87:


Lies from the pit of hell.

Dollars were trading at 210 when Buhari entered office. It wasn't till that foolish man instilled his economical policy and suffocated the market for dollars making it illegal for banks to trade them for his fake corruption war, which caused foreign investors to leave in mass and caused a new type of theft and corruption with Forex

This is what cause the naira to free fall.

That foolish man is the father and creator of Forex Corruption in Nigeria.

san316:


Did the man tell u he is travelling abroad or he wants to convert to and spend the money in dollars?

Desyner:
Profit of Revenue ?
We say make una "go school" una no gree.

EarthXmetahuman:
stop giving nonsense excuse..

If devaluing naira by 70% is salvaging, previous government could have done the same.

strenghtofawoman:


the forex stuff was deliberate action made possible by several policies buhari approved to favor the north.

The north is responsible for the dollar scarcity, from the high and mighty to the beggar on the street, they all have access to dollar so why won't they be hitting it and manipulating Nigerians

EarthXmetahuman:
100 dollars.

Oil is currently trading around 69-70 dollars.

Why is the value of naira not appreciating?

jaymichael:
I take offence to the term "nonsense" you use. I only stated my position the way I see it. You should state your too. I cannot make excuse for the government. I am not part of the government and I am not the spokesman for the government. I receive no kobo to defend the actions of the government. Like I stated earlier, I only bared my opinion which is limited to the data and information at my disposition. If you have further material to educate us with, present it because we are all here to learn.

EarthXmetahuman:
who cares!

Next time, dont give nonsense excuse, may be someone won't call you out on the nonsense.

Uglyboy:

At that $100 then,contractors were owed,workers were owed,federal government couldn't meet up again with full payment of states allocations,our federal reserve was down,no meaniful projects then and then compare to now that for many months of Buhari government,crude was below $40 and it just got to around $70 some weeks ago,every right thinking Nigerian knows that we are doing better now even though we will not feel the economy impact overnight.

jaymichael:
You have fecal matter for brain tissues. I thought I was communicating with a sane human being.

EarthXmetahuman:
stop talking nonsense.

Cbn governor is not a northerner.

SalamRushdie:
Good for him The only problem is that Buharis Govt has devalued the Naira so much that 1 million naira is now 2700 dollars while under the last govt it would have been 7000 dollars ..

strenghtofawoman:


The nonsense is believing that the CBN governor is acting on professionalism or expertise and in the best interest of the country...

EarthXmetahuman:
and by that you mean, he devalued naira to satisfy northerners?

strenghtofawoman:


What economic impact had the devaluation achieved ..pls tell me

bilal4riid:

the bottom line has he ever made 2700 dollar that he is so proud.