NewStats: 3,264,681 , 8,184,403 topics. Date: Thursday, 12 June 2025 at 01:39 AM 2i4w5d

I bought a defective phone screen on aliexpress. The seller said I should select the option that says nothing is wrong with the product but I want it returned. Is this the best option to select or should I say Item is faulty?

That means the interim cbn governor failed to impress the president.

Nigerians were buying brand new cars like Hyundai Elantra for ₦3.5m and believing the lies of the likes of Sahara Reporters, that things were bad under PDP. Brand new Hyundai Elantra now costs ₦28m.

Nigerians are very creative. While other countries borrow money to meet pressing needs, Nigeria under Buhari borrowed to loot.

MTNnews:
Softly de lie now wetin happen or you have forgotten some of us are car dealers.

Go to Stallion Motors in VI and ask for the price of the 2023 Hyundai Elantra with 2.0 litre engine. It is obvious that Tokunbo is your area of expertise.

Lol. Nigerians were buying brand new cars like Hyundai Elantra for ₦3.5m and believing the lies of the likes of Sahara Reporters, that things were bad under PDP. Brand new Hyundai Elantra now costs ₦28m.

I thought he recently said he cannot afford to pay for foreign sponsorships anymore due to weak Naira?

Lol. PR hype article.

Those are not drone images.

Wow.

Very funny thread. Would you come to Elon's rescue when all the lazy local traditional rulers and jobless youths try to turn the new Factory to their ATM machine? You think it is easy investing in Nigeria? Why do you think the cost of producing anything in Nigeria is far higher than even neighboring African countries?

It all depends on location of person. 800k is big money if you live in a small town but it is nothing when you live in major cities like Lagos and Abuja.

Lol. APC goons are calling it a gift like that makes it any better. As if the person giving the gift is an angel and expects no favours in return.

Lol. If you like, give black Africans all the money in the US federal reserve, they would return to beg for loans after a few years. Rest assured that all that wealth would be squandered and looted in record time.

The British colonized Canada, USA, New Zealand, Australia, Singapore and Hong Kong. Why is is only blacks that are still crying about colonization several decades after independence?

Why did he not lead by example and leave the governor's post after one term? Is that not what Mandela did.

Lol. Because Nigeria is a communist country? No democratic country can become a 1 party state except you gave other ideas.

This person is out of touch with Nigeria. There are noise-free neighbourhoods where generators are prohibited in Nigeria.

Adoption of the dollar would quell inflation but Nigeria would lose control of its monetary policy. The US would not consider you when formulating monetary policy because the USA is their priority.

Ecuador, El Salvador, Zimbabwe, The British Virgin Islands, The Turks and Caicos, Timor and Leste, Bonaire, Micronesia, Palau, Marshall Islands, and Panama all have the dollar as their official currency and have achieved varying degrees of economic success. No large country the size of Nigeria has ever tried it.

Lol. Because na cowries them take build dubai. No state in Nigeria has one percent of the wealth required to transform their cities to First World Country standards.

Wonders shall never end. Nigerians youths that did a whole nationwide protest complaining about cop's brutality are now romancing with the idea of military rule that is way worse.

Donwilson88:
CBN alone cant help at this time! First we need to correct our foundation and solidify it with the Truth! Thats first!

Everyone will now wake up and be productive
Lets produce more and import less our economy will balance

Luckily we have enough workforce and blessed with raw resources! Lets work n stand on the truth!

Saying we should produce more and import less is a myth that has no basis is modern economics. The world's biggest manufacturer, China imported goods and services worth $2.7 trillion in 2022 alone. That is far more than the whole Africa spent on importation. The more a country produces, it would need to import more, so more production does not necessarily translate to less imports.

BoldBrainz:


Lol.

You started well. But your subsequent recommendation is so dumb, I wish it had a face so I could smack it!

Like, the apex bank should coerce people to spend monies saved in their domiciliary s using the instrument of tax? If I wanted to spend money, would I even have any need to take it to a bank? Even as the money sits in the bank, it's being used for businesses by the banks. So instead of my money fetching me interests, the bank will rather wake up and impose a 1% tax on it because I refused to use it?

Try it, and watch your economy collapse in a month. Even Greece is going to be a joke compared to the catastrophe that would befall Nigeria. People will simply convert their monies in domiciliary s into digital coins. The ones that can't, will withdraw and find other means to save those monies. The Nigerian economy would be stripped of forex. Then you will suffer the consequence of an economy that implements this sort of nonsensical recommendation.

Lol. How do you think the Russian Ruble has survived the barrage of western sanctions? Today, all savings in Pounds, Euro and Dollars are levied every month in Russia to discourage citizens from dumping the Ruble any further.

Ironically, those in power do not seem to have any sense of urgency to fix Nigeria's Economy. Na Niger matter them carry for head 24/7.

I think it is time for the CBN to introduce some capital controls to save the Naira. Most of the strain on the Naira is due to dollar hoarding and speculative buying. The CBN should tax all foreign currency bank s accumulating dollars but not spending it within a specific time frame. So if you deposit $10k within a calendar month but spend less than 60 percent of it, you should be taxed 1 percent of your unspent deposit. This would stem the tide against speculation and hoarding.

Ironically, those in power do not seem to have any sense of urgency to fix Nigeria's Economy. Na Niger matter them carry for head 24/7.

I think it is time for the CBN to introduce some capital controls to save the Naira. Most of the strain on the Naira is due to dollar hoarding and speculative buying. The CBN should tax all foreign currency bank s accumulating dollars but not spending it within a specific time frame. So if you deposit $10k within a calendar month but spend less than 60 percent of it, you should be taxed 1 percent of your unspent deposit. This would stem the tide against speculation and hoarding.

Charismatic penticostal churches would always have people like this because they don't take mental health seriously. They would tell people that should be on medication for manic episodes to come for miraculous healing when such people should be psychiatric patients.

This man has suddenly found his voice again after 8 years of silence under Buhari. I am not a fan of Tinubu but this guy is a phony and cannot be trusted.

There has always been a price difference between official dollar rate and Aboki rate since the days of IBB. However, under all PDP Presidents, the gap was negligible. If Tinubu wanted dollar to remain ₦750 at Aboki BDC, he should have left the official rate @₦450 or raised it to ₦550.

The US federal reserve periodically intervenes in the equity markets to influence prices. The CBN should use some Binance merchants as proxies to strengthen the naira on the Binance exchange. Relatively little liquidity can crash USDT price to ₦800-₦850 on that exchange and that would in turn put downward pressure on aboki rates.

He promised to continue where Buhari stopped.

Do the right thing without expecting anything in return.

Instead of baning binance, government should provide liquidity in USDT so that the naira value would appreciate on the exchange.

Only kids that know nothing about military rule are advocating for it.