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Nairaland Forum / Nairaland / General / Politics / Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 (25861 Views)
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Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Melison(m): 10:51am On Mar 18, 2020 |
Devalue which naira?? At 360 per dollar una never still gree till e reach 2000 per USD before una get sense,rubber stamp senate 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by asatemple(f): 10:52am On Mar 18, 2020 |
You people should be coming out gradually, we’ll survive |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by thundafire: 10:52am On Mar 18, 2020 |
GOFRONT:I think is looking for way to decamp |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Nobody: 10:53am On Mar 18, 2020 |
GOFRONT: 1 Like
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Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by sunshineV(f): 10:53am On Mar 18, 2020 |
I'm tired of commenting on Nigeria related thread 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Spechialone(f): 10:54am On Mar 18, 2020 |
After US |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by HalleHayes: 10:55am On Mar 18, 2020 |
Make una go as una like |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by NairaMaster1(m): 10:57am On Mar 18, 2020 |
Buhari is a bad luck 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by vincentjk(m): 10:59am On Mar 18, 2020 |
When these people finish with Nigerians dem go hear word, shebi una dy shout say baba 5-6years ago abi Ntorr anyi |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by owunabastard: 11:00am On Mar 18, 2020 |
This one is still sleeping, Naira that is 420-450 per dollar, you are still talking of 360 Melison: 1 Like 1 Share |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by bigtt76(f): 11:05am On Mar 18, 2020 |
Are these people well at all? Countries are proposing ways to alleviate the sufferings of the people and these ones want to compound it? When you devalue the currency, how will essentials be imported into the country and made available cheaper? When you remove subsidy and people can't afford it .....what sense does it make? What needs to be done is cut down cost of governance which is taking almost 60% of our revenue. ![]() dre11: 1 Like |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by MondayOsunbor(m): 11:05am On Mar 18, 2020 |
DonFreshmoney: LADIES AND GENTLEMEN ARE YOU READY FOR NATIONAL RIOT I AM NOT TALKING ABOUT PROTEST I MEANT OLD STYLE RIOT 3 Likes 1 Share |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by jansonn(m): 11:06am On Mar 18, 2020 |
Ive never been more determined to jappa from this country as I am nw!! 1 Like |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Abagworo(m): 11:10am On Mar 18, 2020 |
GamalNasser: After devaluation the price will remain same while subsidy is gone. They should simply deregulate fuel price and allow the businessmen do their thing. Removal of subsidy is not sustainable without outright deregulation 1 Like |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by tempest01(m): 11:10am On Mar 18, 2020 |
Maybe corona virus is God trying to reset the senses. And make this fraudulent admin think about the future. |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Melison(m): 11:12am On Mar 18, 2020 |
owunabastard:I heard it bro but I dey yarn based on last week |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by erico2k2(m): 11:14am On Mar 18, 2020 |
dre11:Anything una wan do una do but never you lot remove fuel subsidy, this is the only payment FG does for the common man! |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Keemsleek005(m): 11:14am On Mar 18, 2020 |
Officialgarri: Pls dont be angry i think you be a good teacher try enlighten every single person that needs to understand these better, 10 bottle of big stout for you. You sabi book 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by COMPAQ(m): 11:15am On Mar 18, 2020 |
GamalNasser: I think what he means is deregulate now (remove subsidy), so that when crude prices recover, the price of petrol will be determined by market forces, like diesel which i support. Crude is slowly becoming valueless, yet we waste it on the middle class with their 2 and 3 cars. If you dont have a car, you benefit like 5% from subsidy. But if you have a car, you benefit like 80%, so its clear that its the middle class that benefit. 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by MondayOsunbor(m): 11:19am On Mar 18, 2020 |
Spechialone: AT 360 TO DOLLAR HUNGER WAN KILL US HERE IN NIGERIA AT 600 NAIRA TO DOLLAR WETIN YOU THINK WILL HAPPEN? |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by AntiWailer: 11:22am On Mar 18, 2020 |
smart thieves. time to sell their dollars after devaluation. |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by MondayOsunbor(m): 11:22am On Mar 18, 2020 |
vincentjk: OGA are you not in nigeria with them ? you are finished as well as them |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by connkg(m): 11:30am On Mar 18, 2020 |
In what direction has the budget of current APC government leaned, in support of diversification? It is good to make policies supporting various SMEs and ask Banks to lend, but can we see the Ministry responsible lead an infrastructural revolution in Agriculture...from sand to steel to mouths? |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by InvertedHammer: 11:31am On Mar 18, 2020 |
/ It is not about coming on nairaland to argue, debate, insult or curse. Global wealth redistribution is in progress. Tap it if you have the wherewithal or forever remain a wailer. Be bold and take no prisoners. \ |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Spechialone(f): 11:31am On Mar 18, 2020 |
MondayOsunbor: We'll go back to Stone age, then maybe we may get it right at d Dawn of our own civilization...just maybe |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Nobody: 11:33am On Mar 18, 2020 |
All I see is share incompetence on the side of APC and the rest. The main Headquarters of COVID-19 are not even close to complaining, they are solving the problems they have, doing their normal exports, Russia is also there exporting crude and making money is large amounts, currency has not even thought of going down and here you are ranting. FG is basically thinking the only and only source of Income for Nigeria is Oil and after using it to build Roads in the North and Embezzle the rest, and foot bills for Boko Haram, you are here screaming on failures and blaming it on COVID. Thank God they did not blame PDP for ruling nigeria 16 years and inviting COVID I sha pray Nigerian Naira sha no go be like Venezuela , Iran and some other miserable currencies we have, where at least now ours is still manageable. Northern Nigeria should Leave politics, they obviously do not have a single understanding of governance or what it takes to rule. All these Millionaires , Lecturers , Business Moguls in Nigeria are not cows like them. End of story. 1 Like |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by AreaFada2: 11:35am On Mar 18, 2020 |
quaintbloke:Lol. At least Johnson has a plan of £330 billion that over time will help many businesses and people. Our darling Bubu that has no plan nko? Devaluing naira and withdrawing subsidy when the whole world is throwing money into the economy? When GEJ said let's remove subsidy and save excess crude money, they said he was clueless. Now they want to do the opposite of what the others worldwide are doing. ![]() Why devalue currency when you have no industrial or high volume of other goods to export? ![]() 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Nobody: 11:37am On Mar 18, 2020 |
AreaFada2: Thank God e no say na PDP invite uncle COVID-19 . As them day always fine who to blame. 2 Likes |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by osamz007: 11:38am On Mar 18, 2020 |
May ask one foolish question shaa THIS MONEY WEY DEM DEY TALK SAY E NO DEY, NO BE MACHINE DEY PRODUCE AM? IF YES, WHY THE MACHINE NO DEY PRODUCE SUFFICIENTLY, AS I DEY NOW I NEED SERIOUS ANSWERS ABEG.
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Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by osamz007: 11:40am On Mar 18, 2020 |
BU HARI NA CURSE TO THIS COUNTRY UPON ALL THINGS WEY PAST LEADERS DO WE NEVER SUFFER LIKE THIS |
Re: Senate Mulls Naira Devaluation, Subsidy Removal Over COVID-19 by Coldie(m): 11:41am On Mar 18, 2020 |
NdiaraIGBO:And u will continue to be one of the them along side you and your generation. |
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