Princecalm:
and who ever said it was easy, it takes more than just using old policies to sort it out.

what he should be saying is diversifying the nation's economy and not talking about making the naira equal the dollar,there are stages before achieving that....you just don't open your mouth to say things without thinking....

How Does Buhari Reason? Why These Ridiculous Promises? First He Promised To Stabilize Global Oil Price And Now This? Give Me Another Joke Please!


There Are Things You Can't Change With Boko Haram. You Can Bomb Northern Nigeria Into Subjection, But Boko Haram Can Not Impose Naira On US Dollar. What's APC Sef?

fallout87:
That is one of the stupidest utterances in this election if it is true.

Does this Buhari not understand inflation? He obviously doesn't understand a thing about GDP or the economy...

You see the thing is this, this actually is possible if all factors in the economy are in place. Light, manpower, good roads, manufacturing, export and local consumption... the authority in power can fix this and in effect the naira gains value. So even if he did not say he would use his hand to tweek it, its very possible.

Omooba77:
Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office.
Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri.

“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.

Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing.
Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth.

He said that Buhari was loved by the people in the region and urged them to elect him and other APC candidates during the March 28 and April 11 general elections.

Former governor of Anambra, Mr Chinwoke Mbadinuju and former Minister of Education, Chinwe Obaji, were formally welcomed to the APC at the rally.

The rally was attended by APC supporters from Abia, Ebonyi, Anambra, Enugu and Imo. (NAN)


http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/#sthash.eALwzZ4V.dpuf

Can someone show me in thís text where he made that statement?

Or is this the usual sensationalism from our illiterate journalists.

DinoAnnberry:






U Are an idiot. I know your one of those shoe shinners. May God deliver us from your useless grip.

GEJ till Buhari knows the meaning of inflation, GDP and economics.

so you think GED is and economics lol... , he better go and use the degree he has in Zoology to figure out something right for himself.

jeeeezzz this is total rubbish so if www.igistng.com made me 100$ a month that's equivalent to 100#...

money that can't even pay for my sub. change kor cash ni #awonwereeyan

I believe that if GMB understands d basic principles economics he shld have known dat d forces operating in d money market are not under one country's control, talk less of one man.

demandtruth:


Jesus!

I'm really disappointed on this your line of economic postulation
is this what politics has turned you to

How does export work in favour of Nigeria
just because naira is disvalue.

My, where you ever taught about production/competitive market/market penetration
costs value

Anyways,
Gmb
till you separate your emotion from facts

LOOL...that guy cracked you up too?

DHYB you will see more twisted reasoning soon.

[size=18pt]He may also supply free ice blocks to combat global warming [/size]
The founders of Nigeria like Azikiwe,Awolowo,mbonu Ojike and Tafawa Balewa must be tossing in their graves

Omooba77:
Owerri – The All Progressives Congress (APC) presidential candidate, Gen. Muhammadu Buhari, on Monday said he would ensure that the Naira was equal to the dollar in value, if voted into office.
Buhari stated this during the South-East presidential rally of the party at Dan Anyima Stadium, Owerri.

“It is sad that the value of the naira has dropped to more than N230 to one dollar; this does not speak well for the nation’s economy,’’ he said.
He urged the people to vote for APC, noting that he would ensure that corruption was tackled headlong if elected.

Earlier, Gov Rochas Okorocha had urged APC supporters to vote for the party’s candidates at all levels, noting that a vote for Buhari without support to others at the state would amount to nothing.
Okorocha said Buhari would address the problem of electricity, bring back the kidnapped Chibok girls and promote industrial growth.

He said that Buhari was loved by the people in the region and urged them to elect him and other APC candidates during the March 28 and April 11 general elections.

Former governor of Anambra, Mr Chinwoke Mbadinuju and former Minister of Education, Chinwe Obaji, were formally welcomed to the APC at the rally.

The rally was attended by APC supporters from Abia, Ebonyi, Anambra, Enugu and Imo. (NAN)


http://www.vanguardngr.com/2015/03/ill-make-naira-equal-in-value-to-dollar-says-buhari/#sthash.eALwzZ4V.dpuf

apc is so inconsequential in Anambra. and the East. they have to stage a show of receiving an inconsequential Anambra politician in Imo..Mbadinuju dat one sef get supporter...The worst governor in d history of government.....the only governor who make Theodore Orji seem like d next best governor...

shikaan:
am sure u must be crying by now. the bashing uv gotten tonyt serves u ryt.

bashing u say? Lol... , though was expecting someone to say it but never knew it will be from a sh*t like you.

fydence:
Before: He promised that he'll stabilize WORLD oil prices if voted into office;
Now:He has promised that he'll make the Dollar equal to 1 naira if voted into office:
Tomorrow: Experts believe he'll promise every Nigerian eternal life into any heaven of your choice if voted into power.

LOL
Eternal life indeed
At this rate don't be surprised

Flets:


I used to respect you but you just goofed. The production cost per barrel of oil for most IOCs operating in Nigeria is over $45/ barrel...... and you just blabbed that we can do well with $35/ barrel

Do you guys sell you brains at the APC camp?

Kindly itemize what goes into the said production cost and explain why it should not be cheaper to produce a barrel in Nigeria than in, say the USA. I'm willing to learn from you. I do concede that my numbers may be off by a $ here and a $ there.

You seem to have completely missed the point I was making, which restated, is that checking of the massive looting will have a dramitic positive effect on the economy. NNPC needs to be scrapped. period!

Well, i don't exchange words with small boys like you

shikaan:
lmao. u are a fooooooolllll

babyosisi:
The most annoying part is that he said this nonsense in Imo state
N'ala ndi ma ihe
Does he think he was talking to cattle rearers?

tribalist

do you have a PVC? No
you are not even anywhere near Nigeria

Noise maker
hate will just eat up your intestines

Enough comic relief in less than an hr... NL is a good place to be and at the right time

Almajiri People's Congress will not stop amusing me! God save Nigeria from the hands of an illiterate

Tell da mallam mk im shut up, nd present him certificate

Kokopos:


you are worse than clueless. You and your general need to go back to ss1 for economics class.

who fault is it that GED does'nt know Economics

Princecalm:
so you want to tell me inflation and population have no relationship?

seriously not from the angle youre looking at it. case in point China then India have the largest populations in the world correct? Now walk with me on this please



...are their currencies as strong as the dollar?



*please dont say yes because of their population*

989900:



LOOL...that guy cracked you up too?

DHYB you will see more twisted reasoning soon.

He's Papabrowne
that's the more reason i was surprise

If it were any of those nut-head
i wouldn't have bothered

fallout87:
That is one of the stupidest utterances in this election if it is true.

Does this Buhari not understand inflation? He obviously doesn't understand a thing about GDP or the economy...

what does an illiterate understand about GDP

Huh Are you educated at all?

Princecalm:
This is someone that understands the economy speaking and not the clueless one who keeps Naira unstable.

CHM11:
Just the same way he made cow and goat business more lucrative than crude oil and gas business.

Mumu old man who can't remember the meaning of APC.

He can't even remember the name of his vice!!!!...

. Kip dwellin on sm1 error.. So Lackadaisical being.... Tho Sai GMB PYO. VOTE APC. Vote CHANGE.. VoteOutCluelessnessAndCorruption.. Gej. Otuoke calls

highmood:
your comment proved how lame, childish and gullible many nairalanders are. I expected you to ask the candidate who chickened out of a debate how he would make that happen, you are quick to call Mr. President clueless. What happened? Where was he, when others were telling the world what they will be doing for the country and how. How I wish this is 2019, APC and PDP may not have a chance if is it based on intellectual ability and even political will. The Matin Onovo and Godson Okoye and one other man among the first set of debaters would have swept them away. But for now, the incumbent still stand the chance.

Rather,u'r d illiterate here.Can u read @ all? Read d caption and read the body and c d difference.Ppl like u fail easily and claim u read hard 4 d exam.Shame on u!!!

[size=18pt]Jonathan has BOUGHT ALL THE SATANIST / KILLERS all over the COUNTRY and has SET THEM LOSE on Nigerians...... just because he wants to win this election, BY HOOK OR CROOK![/size]

Be careful folks, your PVC is your power and ability to get rid of this evil called Jonathan, use it wisely!

Lastpage!

BTW: Below Actions by President Jonathan since election postponement, is what finally killed our Naira

Ferdinandu:
If this is true then it is becoming obvious that this man is becoming senile due to old age or maybe Alzheimer's disease is setting in.I pray that this Country will not fall into the hands of another Mafians if this man is elected because of incapacited President

Pity you don't even know if it is true, yet you are commenting. Are you that daft you can not vetify a poorly constructed lie by amateur pdp mischief makers.

PapaBrowne:


Are you serious Your speech just gave you off as someone who lacks complete understanding of Economics>



Illiteracy no be moi moi oh!! Ha! So if someone tells you he will equate the value to the dollar you would just swallow it hook line and sinker??
What were you doing when others were attending Economics class??

For the Naira to be equal to the dollar, you would need to see our dollar reserve rate go to something like a trillion dollars!! Even with 20 years of 20% economic growth rate, we would probably not be there!!


Now the bigger lesson for you is that a very strong Naira is not good for our country especially if you want to produce goods and export competitively..
Now let me explain that to you:
A bag of Dangote cement sells for 1500 Naira.
When the dollar was 160 Naira, that bag of cement was equal to $9.
At the new rate of 215 Naira, that same bag of cement is now equal to $7.
That means if Dangote wants to sell his cement in Albania, he has a better price point than he would have had 5 months ago.

Now imagine the Naira is exchanging at 5 Naira to a dollar.
That same bag of cement would now be equal to $300. Where on planet earth would he be able to sell his bag of cement at that price??

Any country that desires to produce and export to the rest of the globe, prays for a weaker currency to allow its goods better pricing amongst competitors. If Buhari understands economics, he will never pray for a very strong Naira except of course he wants us to keep importing everything!!

Thanks
I just ask my sister even nd she affirmate ur claims tho I knw u are right

I swear these pple can deceive o
Don't blame d guy
Until I saw ur post I bought d shit

Once I hear this words from the proposed savior of Nigeria..then I conclude he doesn't have any idea on how to rule this country.Telling children he wld make 1 dollar to 1naira.if it wz that simple .the british pounds shld be equivalent to the american dollar.he shld tell us how to do it.not making statements I can also make *big big talk*

This goes to show indeed that this man is either a stark illiterate or a deluded fraudster. I wonder how people who claim to have gone to school will still queue up behind this joke of a man. One naira to a dollar because nigeria is far more industrialized and productive than the entire european union, united states, japan and china all put together. Even if the balance of trade between nigeria and the rest of the world put together is skewed in nigeria's favour, we will not be able to sustain an exchange rate like that. It will just make our products the most expensive in the international market. This is sheer idiocy of the highest order.