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Nairaland Forum / Nairaland / General / Politics / Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 (24391 Views)
Senate To Invite Emefiele Over Naira Devaluation / Rising Food Prices, Serial Naira Devaluation Compound Nigerians’ Woes / Naira Set To Hit N500 At Parallel Market After CBN Devaluation (2) (3) (4)
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Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by seguno2: 6:34am On Dec 24, 2019 |
GamalNasser: I too dey wonder o. Subsidy that Buhari removed when he increased fuel price to N145 from N87. What subsidy are they removing again please? 1 Like |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by GamalNasser: 6:37am On Dec 24, 2019 |
seguno2: Exactly 1 Like |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by oluwaahmed: 7:19am On Dec 24, 2019 |
So govt is gona devalue the naira, remove subsidy & increase VAT? Fûcking out of this country na been sure pass. |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Kubernetes: 7:26am On Dec 24, 2019 |
mrchineke: I export agro products like soya beans,dry fish,gari,garlic,sobo,beneseed etc. 1 Like |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Nobody: 8:16am On Dec 24, 2019 |
Vortex369:you said the shape of the earth is like a watermelon,now I want to ask:those astronauts who go to space,they must've seen the real shape of the earth; does it mean they're all lying?pls anwser |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by mrvitalis(m): 9:34am On Dec 24, 2019 |
Bighead9:Don't tell me you are now Jesus ? |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Bighead9: 9:38am On Dec 24, 2019 |
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Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by mrvitalis(m): 9:41am On Dec 24, 2019 |
Bighead9:Lol how e use pain me ...first only a dumb fool won't know they are praying Second no one in Igbo land give two Bleep about this ones |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by badman007(m): 10:01am On Dec 24, 2019 |
itsme01: Its not being done. Tbe Fedral government has let us down. They have sold us into the hands of Dangote. Stupid country paying subsidy to import oil we already have. What a shame |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Nobody: 7:07pm On Dec 24, 2019 |
Billyonaire369: Universe is shaped as torroidal field with Earth's flat plane the shape of half of an apple but with layers like onions. Where we are is the 3rd layer. Nucleus is Polaris, second layer is Aryan, third layer is Atlantis (where we are) 4th layer is Lemuria (where Reptilians are) 5th layer is hyperborea etc etc. We are on a flat plane with magnetic curvature making if look ljke shape of apple. The magnetic field makes it look round but we are on a flat surface wirh thr sun and moon rotating above the torroidal shaped universe is also in motion relative to the galaxy. So we are surrounded by magneto electric field called sound current. It is the sound the generates the light and life. Its an amazing hologram |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Legendguru: 7:15pm On Dec 24, 2019 |
Hmmm |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Zooposki(f): 7:56pm On Dec 24, 2019 |
Vortex369: I see you have been listening to that black guy on YouTube. I agree the Earth is flat, but not his theories. Don’t be deceived. With his so called theory, the Aryan race are superior and will rule us forever. |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Nobody: 8:02pm On Dec 24, 2019 |
Vortex369:answer my other question sir,thank you |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Nobody: 8:07pm On Dec 24, 2019 |
Zooposki: It has always been survival of the fittest. Its a Free Will Univeese and no one out tbere will save you. You are sovereign. Spiritually we are equals. |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by mrchineke: 11:20pm On Dec 24, 2019 |
: Kubernetes: Are clearly don't understand anything! |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Kubernetes: 11:42pm On Dec 24, 2019 |
mrchineke: You seem lost in comprehension. Don't even know what you are writing. Go and read and learn about how fx is being generated by the citizens. |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by mrchineke: 12:36pm On Dec 25, 2019 |
Kubernetes: Most economic theories fall into 2 separate categories, 1) practical application 2) theoretical application depending on a country and the political and financial influence of that country. The rubbish you quoted is theory as far as Nigeria is concerned. You are exporting agricultural produce in bags weighed in kilos, yet the economic policy (devaluation) you quoted require exportation in millions of metric tonnes with access to major international markets in Europe, North America, China, Asia, middle East. It's you are importing agricultural produce in bags and kilos, yet you are here yearning dust! You no Sabi anything |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Kubernetes: 12:49pm On Dec 25, 2019 |
mrchineke: Millions like me do same thing which is exportation.At the end of the year,customs office track and cummulate the total weight in tonnes and also CBN gives the total figures from the inflows sent to us the exporters. If 1000 of us export one tonne of maize yearly in the whole country in 2019,it simply means 1000 tonnes has been exported.If the import receipts from these import is $200,000,it simply means the economy has gained such fx and this will reduce the pressure on the naira thereby making it strong.So imagine if we are 300,000 Nigerians doing the exportation.The weight will definitely be in metric tonnes. Hope this has enlighten u. Thanks |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by mrchineke: 1:53pm On Dec 25, 2019 |
Kubernetes: Bro I am not trying to insult or abuse you. Let's learn from each other. I fully understand everything you are saying up there BUT you must admit there are too many IFs. Right now (in aggregate) are 300,000 or even 3,000 Nigerians exporting 500 kilos of agricultural produce per week to the international markets? If you say yes, please name the market and name the major players in that market (?) Are there any binding verifiable supply contracts between our producers and the international buyers? And where are the trade agreements between Nigeria and those countries we are supposedly supplying our agricultural produce? The economic policy devaluation you quoted does not apply to Nigeria. If we adopt it we would only impoverish our people further. |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Kubernetes: 4:56pm On Dec 25, 2019 |
mrchineke: Ok thanks for information. So what do u think was the reason why the fed govt may wanna devalue the naira? |
Re: Devaluation, Subsidy Removal Among Biggest Predictions For Nigeria In 2020 by Tneye(f): 8:50am On Dec 26, 2019 |
Kubernetes: Well done Sir, I love this. How's market for it? I will like to learn more from you. |
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