post=75983065:

Understanding: NONE!

Zombie :Yes

As if it's Buhari's achievement.

Is yahoo boys that made that to be possible since there is no job My cousin worker said . I have confirmed that also, I was Driving by first bank in Alaba international market Lagos on Saturday morning. I saw massive queue of people waiting to cash out mtcn and most are young guys. Well, this does not speak good for us As a nation. Saturday is almost here. Voting Atiku 100%

Am sure more than 80% of that money was remitted by my Igbo brothers

I always tell people large percentage of money we are spending in naija, people work for it outside the country.
millions of naija abroad are building houses, funding families at home. with 20 million jobs lost, na naija abroad dey bear the load

I'm very sure that money remitted will be high that this N9trn. people are bringing in raw cash and this "give dollar to my relatives, I'll deposit naira to your naija acc"

Wow. I sent almost 100million naira to naija last year. God is great.

We now depend on diaspora remittances for our daily bread??
Imagine....
Take a look at our GDP Dynamics .

kaen1317:
Am sure more than 80% of that money was remitted by my Igbo brothers

before nko.

ALCOHOLKILLS:
i am laughing because they remitted in dollar to earn more in naira, they only took the advantage of the dullard who brought recession to enrich their pocket and families, so how is this an achievement to people living in nigeria

Are you for real?. They were remmitting money under PDP govts as well. The point is Buhari policies are attracting remittances. The money goes into building houses, running businesses and general upkeep.

You see how they twist everything. Evil government
No to Buhari! No to Atiku!

Yes to SOWORE

Anything you send to Nigeria and convert to N under Buhari's N365 to a dollar regime, would naturally be higher.

izombie:
before nko.

na so na

This is laughable, broke record of 2time recession, employed the dead, ban the dead, took 6month to set up cabinet, most nepotism in all agency, senseless killings across the country, snake swallowed money, the wife openly rejected CABALS , shielded corrupt members, etc

You are really funny dude

post=75982990:
PRESIDENTMUHAMMADU BUHARI ADMINISTRATION BREAKING RECORD LEFT, RIGHT AND CENTER!!!

God bless our President MUHAMMADU BUHARI and his amiable Vice president Prof Yemi OSIBANJO as they take us to the NEXT LEVEL, AKA, a land flowing with milk and honey.


In other news.......

What an irony.... The government translates this as a good development when in actual fact this depicts the the high rate of poverty amongst Nigerians and their recent dependence on relatives abroad for survival; on the other hand, Nigerians abroad are taking advantage of our battered Naira to invest at home.

Signs of a dangerous time! Chizoba!!

simple attestation to the fact that the shithole needs to be URGENTLY RESCUED FROM THE CLAWS OF CLUELESS CLOWNS!

ALCOHOLKILLS:
i am laughing because they remitted in dollar to earn more in naira, they only took the advantage of the dullard who brought recession to enrich their pocket and families, so how is this an achievement to people living in nigeria

I beg to disagree a bit. High exchange rate favours exporters, discourages importation, and encourages borrowing. Reason US fights china anytime they inflate their currency. You guys need to go back to your basic economics.
What affected the common man is NOT exchange rate but 100% increase in petrol price since the end of 2014 up until 2016 which resulted in high cost of domestic goods and Services ~ in other words inflation. Thanks.

The problem with Nigerian figure is that we only get away with the figure without asking questions. Now that we have compared the figure within the past 13years, what is the true value of the money so repatriated with the values of those years under review.

Let's just use year 2015 as a benchmark. Then, $1 = 187NGN
i.e. 1NGN = $0.0054
So the N9tr so remitted is = 9x0.0054 = 48,600,000,000 (N48.6b) as at 2015.

What an illusion!

kaen1317:
Am sure more than 80% of that money was remitted by my Igbo brothers

FACT

TIGRITIS:
Pigs will say it is because of bad economy.

Same pigs which pulled some contrary fictitious figures from their anus to discredit the govt few days ago.

I still don't know how pigs survive these complicated self contradictions.

Don't mind the idiotic pigs of Buhari.

multiply that by 3...cos Nigerians abroad remit money more without using legal means.eapecially those coming into the country without declaring the total money with them

This statement indicts the Nigerian State! Means people are increasingly going out!

uzohrome:
Is yahoo boys that made that to be possible since there is no job My cousin worker said . I have confirmed that also, I was Driving by first bank in Alaba international market Lagos on Saturday morning. I saw massive queue of people waiting to cash out mtcn and most are young guys. Well, this does not speak good for us As a nation. Saturday is almost here. Voting Atiku 100%

Are you referring to local based yahoo boys or foreign based yahoo boys?

The article stated Nigerians abroad but you guys keep alluding to our local based G-boys.

Show how devalued our Naira has become .....

Damsonkc:
Putting this up as a direct support for Buhari is foolish. I live abroad and what chased me abroad was the hardship encountered under this government and same can be said of others abroad. Also, the money is that big because our Naira is no longer of value. If I send 10000 USD back to Nigeria in a year, it is automatically a huge amount of money because our Naira is basically useless. So yes, it would keep being like this as long as APC cannot grow the Naira.

I don't agree with you. Could you please send me the $10,000 let me confirm if your statement is true or not

Some people on this thread are blaming it on the poverty level of this country. China and India remit more than us, and is it because of their poverty status.

Just because y'all hate Buhari doesn't mean you be making stupid criticisms.

and one idiot will tell me the leaf is not greener abroad. 70% remited dollars is courtesy of hardworking Igbos in diaspora

ALCOHOLKILLS:
i am laughing because they remitted in dollar to earn more in naira, they only took the advantage of the dullard who brought recession to enrich their pocket and families, so how is this an achievement to people living in nigeria

If you do not know the impact of remittances, ask questions or go and read up! It is not good to show such crass ignorance!

A little education for you. Remittances grow the local economy by boosting consumption. Imagine a family whose local earning is 1m in a year. If their relation send 500k to them in a year, they will save, invest or consume the additional income. All three have positive impact on the local economy. For the consumption part, they can demand for more goods which someone will produce and on and on!

Pls naija youths i just got one big contract with a snipper company and am sure una go nid am after dis election .......pls order now ....am selling at a discounted price......

Las las una go jump inside lagoon when dem declare buhari

While FDI in other African countries were raising ours were falling even behind Ghana.
Buhari must go.

blackboy:
Simply speaks loads of how bad the economy is and the increase of Nigerians depending on money from overseas

You're right. We have to help because our govt is helpless.