Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,156,150 members, 7,829,110 topics. Date: Wednesday, 15 May 2024 at 07:29 PM |
Nairaland Forum / Nairaland / General / Business / Naira Appreciation Brings Confusion (2804 Views)
Exchange Rate: Why Prices Of Goods Will Remain High, Despite Naira Appreciation / Naira Appreciation Fastest In 15 Year History - BDC Association President / Food Prices Won’t Drop Immediately Despite Naira Appreciation – Economists (2) (3) (4)
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 1:37pm On Apr 18 |
PressMyButton: It was simple, I give you that. Still doesn't change the fact our currency is weak. Until we become a major exporter, and until people start using the naira as a reserve currency, forget about it. |
Re: Naira Appreciation Brings Confusion by Golan007: 1:45pm On Apr 18 |
PressMyButton: 2 Likes 1 Share |
Re: Naira Appreciation Brings Confusion by PressMyButton: 2:03pm On Apr 18 |
nairalanda1:You're only rehearsing what's in your head. Exporting to earn more forex and demanding less dollar for importation, both goes hand in hand to boost reserves. Currently. we are working towards the latter. If we cut off $20billion per year demand for fuel imports, then the naira gets even more stronger. |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 2:11pm On Apr 18 |
PressMyButton: We are not , and never have been APC is just doing what its predecessors are doing. Partially remove subsides to raise money, hope oil prices rise, increase oyel production to pay for more tax, and do a great show of fighting corruption...to get more money. And free gifts... Like all the other parties before them, and army before them Your party needs to do the following 1.Totally remove subsides, and let the market be free for power and petrol. Oh, and your presido must pay his light bill. 2. Imporve our abysmal tax to gdp ratio. 3. Incentives for manufacturing 4.Massive investment in vocational and technical education. We need hands for the new industrial revolution 5. Fight courrpution. Really do so. Not this patch patch. 6. Spend more on security. We dey spend one tenth of what NYPD uses to patrol New York to patrol 220 million nigerians, no wonder kidnapping is the thing. 7. Commit to spending more on railways , railways and railways 8. Get the fulani off the roads and into ranches in the far north. Get more investment in massive industrial level farms. 9. Commit Nigeria to industrializing. Time we used those raw materials for something. There, not all the patch patch all of you guys and PDP and LP Love. I am tired of seeing the same oldsame old. We can't be using the old formula. |
Re: Naira Appreciation Brings Confusion by PressMyButton: 2:32pm On Apr 18 |
nairalanda1:You have quickly changed the goal post from "until we become a major export" to "9 points agenda" including taxation, fulani herdsmen bla bla bla. It shows you as a man grasping at straw, rather than pontificating, try and learn how to appreciate gradual growth. 1 Like |
Re: Naira Appreciation Brings Confusion by Omoawoke: 2:34pm On Apr 18 |
Some people don’t want Naira to even appreciate. They are these categories of people; 1. Sadists 2. Masochists 3. The self centered (those benefiting from the fall without care if many perish) 1 Like |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 2:43pm On Apr 18 |
PressMyButton: We don't have a strong currency. Those are the steps we need to get there. To bad you can't see it. |
Re: Naira Appreciation Brings Confusion by PressMyButton: 2:49pm On Apr 18 |
nairalanda1:You're even more delusional to think i'd take you serious. We're talking purely monetary policies here. Go and learn, then come back to discuss. 1 Like |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 2:53pm On Apr 18 |
PressMyButton: We don't have a strong currency No need to use the d-word over it. |
Re: Naira Appreciation Brings Confusion by PressMyButton: 3:00pm On Apr 18 |
nairalanda1:We have the best performing currency globally. Knock yourself. |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 3:02pm On Apr 18 |
PressMyButton: Still the almighty dollar. Naira is weak No need to get so knocked over it |
Re: Naira Appreciation Brings Confusion by PressMyButton: 3:27pm On Apr 18 |
nairalanda1:Dollar is the strongest not the best performing. Dude, go and learn, your ignorance stinks. |
Re: Naira Appreciation Brings Confusion by commoditiesnig: 3:42pm On Apr 18 |
The CBN is doing a great job i must say 1 Like |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 4:37pm On Apr 18 |
PressMyButton: Naira is still a weak currency, sadly. |
Re: Naira Appreciation Brings Confusion by DyingFetus: 4:38pm On Apr 18 |
How does this affect the cost of beans and rice?? Yapes sef
|
Re: Naira Appreciation Brings Confusion by PressMyButton: 4:42pm On Apr 18 |
nairalanda1:Go school, you said No.. |
Re: Naira Appreciation Brings Confusion by nairalanda1(m): 4:47pm On Apr 18 |
PressMyButton: Naira is still a weak currency, sadly. Till it becomes a reserve currency globally, then we can talk |
Re: Naira Appreciation Brings Confusion by Benwallt(m): 9:01pm On Apr 18 |
To the children of hate |
Re: Naira Appreciation Brings Confusion by AfonjaConehead: 10:26pm On Apr 18 |
helinues malroux special personal boduGaurd secretary 🤣🤣🤣🤣: |
Re: Naira Appreciation Brings Confusion by Peakdesign23(m): 12:22am On Apr 19 |
Good news. |
Complete List Of Benefits For Using Gtbank *737* Mobile Banking Services / What Kind Of Business Can One Start With A Capital Of 300k / Peanut Coating Machine Available in Lagos, Nigeria 2021
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22 |