[FULL BRIEFING] 'Naira Best Performing Currency Globally,' Finance Minister, CBN Speak On Economy

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  • Опубліковано 19 кві 2024
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КОМЕНТАРІ • 218

  • @oscarlagoke8920
    @oscarlagoke8920 25 днів тому +20

    AM A PROUD NIGERIAN ..GOD BLESS NIGERIA

    • @PaLPfamilyplayz1626
      @PaLPfamilyplayz1626 24 дні тому

      The will continue to borrow money from foreign countries to balance their books and carry your debts forward and for you you think the price of garri, tomatoes 🍅, rice , yam , beans also transportation will go down your living in false paradise. Your borrowing will continue to escalate and interest rates going up at a rapid rate that your GDP will become worse than all neighbouring country. Whom will you blame the local butcher or baker ? It’s those people running your government right now because they have no plans except to grab power to enrich their families.

  • @ibrahima9963
    @ibrahima9963 23 дні тому +2

    Wale and Olayemi, your performance is excellent. Please don't relent on your effort.

  • @tunbosunayodele8174
    @tunbosunayodele8174 25 днів тому +13

    You're doing good job to stabilize Naira and the economy

  • @samsonadebayo8626
    @samsonadebayo8626 25 днів тому +8

    9:48 I expected an applause. These are two of our best. Cardozo baba

  • @Me19011
    @Me19011 25 днів тому +14

    Kudos to you CBN governor. Nigeria economy is beyond any Containers experience of selling and buying goods at Onitsha market

    • @etukdaniel5079
      @etukdaniel5079 25 днів тому

      😂😂😂😂, What are you insinuating my Lord ?

    • @kene6753
      @kene6753 25 днів тому +2

      Indeed. But it is also far beyond narcotics peddling, identity theft, and certicate forgery.
      However, a "container trader from Onitsha" knows far more about commerce and economics than a drug dealing thief who knows zilch about wealth and enterprise.

    • @monzoradelajalawal3553
      @monzoradelajalawal3553 25 днів тому +4

      ​@@kene6753yeah you're right,like Chinedu, okechukwu, Chukwuemeka e.t.c that on death roll in Asia countries, continue deceiving yourself.

    • @innocentchukwuma5215
      @innocentchukwuma5215 25 днів тому +2

      ​@@monzoradelajalawal3553like ldowu, Adelaja and Musbao who are in prison all over North America for drug and 419

    • @olawaleoladele604
      @olawaleoladele604 24 дні тому

      ​@@kene6753you think macroeconomics and national wealth creation is on the level of trading in a market?

  • @user-fp5hq5kj2b
    @user-fp5hq5kj2b 25 днів тому +11

    Kudos to CBN, Ministry of finance to get the naira back on its feet 👍👍

    • @JandRMediaLimited
      @JandRMediaLimited 25 днів тому

      20 April 2022 under Buhari the black market rate was N760 to £1.
      20 April 2024 under Tinubu the black market rate is N1430 to £1.
      7 March 2024 we witnessed the highest rate at N2050 to £1.
      What I expected the finance minister to be saying was that we are increasing the size of our military to improve security.
      We are adding value to agricultural products before allowed to be exported. Expanding fishing.
      We are investing in building made in Nigeria ships.
      Nigeria can not survive on a mono economy relying only on oil for revenue.

    • @nexusfashion661
      @nexusfashion661 25 днів тому +2

      ​@@JandRMediaLimitedWe got to start from somewhere. All the improvement you mentioned cannot improve overnight. What rate was Naira to dollar when Buhari came in? Give kudo where kudo belong. The previois admistration left a mess, hopefully this new administration can dig us out of the big hole.

    • @menubachinedu9135
      @menubachinedu9135 24 дні тому +1

      Tinubu is trying to fix the mess he caused and you people are commending him, Nigeria is really a joke. He floated the naira and he is now using our foreign reserve to defend the same naira, just the same way he is back to paying fuel subsidy. So much motion without movement

    • @nexusfashion661
      @nexusfashion661 24 дні тому

      @@menubachinedu9135 What would you have done ?

    • @oseremenilens3695
      @oseremenilens3695 24 дні тому

      Tinubu's actions were necessary steps

  • @olukayodeolusegun3242
    @olukayodeolusegun3242 25 днів тому +4

    This is the first time you have seen the Finance minister and CBN Gov working together for a common course.

  • @ogumka1976
    @ogumka1976 25 днів тому +5

    Two good heads, proud of u guys

  • @emmanuelukpoju3417
    @emmanuelukpoju3417 21 день тому +2

    Thank you for all the good works so far. However, we Nigerians would like to see or publish our foreign reserve and know how much is left with regularly.

  • @sirrainbow1672
    @sirrainbow1672 25 днів тому +6

    Last Month SAN Falana, human right lawyer, activist, self imposed economist and financial expert and a big critic of the IMF and World had questions for IMF which would have been best answered if he had showed at this annual conference. Hopefully, all his questions would have been answered if he had paid his way to the United States to get answers to all the questions he had and also get fully educated on the role of the IMF and World Bank globally. His voluntary attendance would have demonstrated how patriotic he is as a citizen of Nigeria. It makes no sense to play the role of a local champion and shy away where you could be seen as global champion. It is impressive to see that Nigeria was fully represented at the conference. There is more to it than just the domestic outlook of a nation.

    • @olufemiadeleye9462
      @olufemiadeleye9462 24 дні тому

      Kenneth Okonkwo too can join. That’s another economic lawyer.

  • @kilanioyekunleganiyu1009
    @kilanioyekunleganiyu1009 25 днів тому +3

    Let's appreciate their efforts so far. The 750/dollar the critics are hammering here was the era of deciet when Emiefele, the poorest CBN governor, the Malami of thos world stood behind president then manoeuvred and blindfolded him and used the avenue for round tripping and sabotage of the economy. Now the economy was put back to factory settings and putting it back on track means seriously serious people and let them start somewhere and let's criticise constructively and with evidences so that you are not seeing as haters or someone who's bitter for losing last election

  • @samsonadebayo8626
    @samsonadebayo8626 25 днів тому +3

    We trust Jagaban and that's why we supported his renewed hope agenda. See the people running our economy now. Much love from 🇨🇦

    • @tamaraebi2678
      @tamaraebi2678 24 дні тому

      Na wah😂. You de Canada de support come back here and do that. Patriotic citizen

    • @okasefa563
      @okasefa563 23 дні тому +1

      Tinubu Jagaban is best president / leader in the world. Just that too many enemies within in his country - Nigeria

  • @ernestkanu1247
    @ernestkanu1247 24 дні тому +1

    These two are doing well.Shows how well Nigeria will do if we jettison tribal politics and greed. I will give kudos to Tinubu for these appointments, inspite of all the criticisms leveled on him. Let us give credit to whom and where credit is due.

  • @Me19011
    @Me19011 25 днів тому +6

    Kudos CBN. Nigeria 🇳🇬 economy is beyond any Containers economy experience of selling and buying tomatoes 🍅 paste at Onitsha market by OBIdient

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      One of bis campaign slogans was always telling the public that he has a shop at mainmarket Onitsha. He planned to run nigeria like mainmarket onitsha.

    • @12345618180
      @12345618180 25 днів тому

      What do you guys do in south west and the north? Outside stealing our resources in the name of one Nigeria... tinubu today is the corrupt politician in Nigeria history.. the other one Abacha was from the north... Obi is more successful than your entire family put together without having to loot like Tinubu and his gang of criminals from the west .

  • @H2O1167
    @H2O1167 25 днів тому +12

    These guys are playing some kind of games with our minds. I live in Texas and my foreign friend who is also an accountant and foreign policy maker, has drawn my attention that what Nigeria is doing is very dangerous. My opinion: I would say, let's wait for the next 12 months. We will all come back here.

    • @k.5250
      @k.5250 25 днів тому

      I agree with U

    • @Stoneface_
      @Stoneface_ 25 днів тому +1

      How's it dangerous?

    • @dammyhazeez1027
      @dammyhazeez1027 25 днів тому +13

      your friend who is also an accountant told you what the CBN Gov & Finance minister of Nigeria is doing is dangerous and you just ran with it. The fact that you emphasized on 'Foreign' friend says a lot about you. Secondly, tell us exactly what your 'FOREIGN' friend told you is dangerous about what these two are doing.

    • @DonaldOYewande
      @DonaldOYewande 25 днів тому +6

      Your “foreign friend”, that loves Nigeria to be more successful than his and wherever he stands right? I don’t think any country in the world wishes Nigeria to become great again, because, they all know who we are and how dominant that could be. I lives in NYC and I know what they call Nigerians. They call us “The Prideful People”. What does that implies; we are considered a threat to their dominance.
      So I disagree complete with the position of your friend.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      What is Nigeria doing that is dangerous? State it clesry here. State ehat your friend has told you. Ememies of Nigeria. All of you praying that Nigeria will fail, you shall all definitely fail and will not rise while Nigeria will keep moving forward.

  • @amazingbillionairelifestyl4960
    @amazingbillionairelifestyl4960 25 днів тому +5

    Best performing currency globally”!, hahahahahhahahaha. Lord have mercy on Nigeria. At 1200 per dollar lolol shamelessness of the highest order.

    • @rotimikayode1072
      @rotimikayode1072 21 день тому

      Are you suggesting that the previous $1900 was fine with you or what. Learn to appreciate good efforts.

  • @atogweoghieaga2205
    @atogweoghieaga2205 25 днів тому +2

    What level of propaganda, you are trying frantically to correct the havoc you wrecked stupidly and yet you are calling for celebration, these Lagos boys are propaganda experts !

  • @paulmak.
    @paulmak. 25 днів тому +6

    Lol! It's loosing it's value again. As of today dollar gained more over naira. I think cbn are not working as hard as they were again

    • @lawjoe2660
      @lawjoe2660 25 днів тому +4

      All what you want in your life is about bad news about Nigeria. Where were you when the Naira was gaining significantly. You didn't comment but immediately you see a little dip in naira, then you are happy. Be patriotic

    • @chiefs5822
      @chiefs5822 25 днів тому +1

      Lol your life is also getting hard again!

    • @paulmak.
      @paulmak. 25 днів тому +5

      ​@lawjoe2660 I check dollar to naira rate every fucking day, I was happy with the naira gaining over dollar until last week when it started loosing again. And I think now it's loosing at high rate. Maybe cbn are not working as hard as they were

    • @oscarlagoke8920
      @oscarlagoke8920 25 днів тому

      IBODIENT

    • @augustineiwueze4515
      @augustineiwueze4515 25 днів тому

      What was the value of niara to dollar when this administration took government.​@@chiefs5822

  • @resourcesprovider8599
    @resourcesprovider8599 25 днів тому +1

    CBN is making a huge mistake. It is a temporary measure not a strategic strategy to empower the market to do it's job. This action is not in practice anyway. The centre bank governor is just want to save his job.

  • @emki542
    @emki542 25 днів тому +2

    It's not rocket science
    Sending all the NNPC SALES TO CBN and cutting off the criminality. Now please add sales of oil in naira

    • @rotimikayode1072
      @rotimikayode1072 21 день тому

      Who is going to buy oil in naira. Some of you have been listening to olodo self- acclaimed Economists in the media.

  • @kolawoletony2266
    @kolawoletony2266 25 днів тому +5

    Naira was 750 to 1 dollar when this government took over last May. Today, one year later, naira is 1120 to a dollar, and it's the best performing currency in the whole world?

    • @user-fp5hq5kj2b
      @user-fp5hq5kj2b 25 днів тому +4

      You need to update yourself. Naira fell to 1900 in February before getting back up to about 1200 end of March. From there it briefly went to under N1000

    • @bimboola8961
      @bimboola8961 25 днів тому +2

      ​​@@user-fp5hq5kj2bThey are not happy Naira is doing well. Their joy would have been seeing further depreciation of our currency to the dollar. They must complain and argue to justify their or defend their mediocre knowledgeable of the polices of the government which has now started yielding positives results....

    • @DonaldOYewande
      @DonaldOYewande 25 днів тому +2

      The economy won’t respond to you evil wishes. Nigeria on the reuse again.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому +1

      Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while nigeria will keep moving forward. Amen.

    • @resourcesprovider8599
      @resourcesprovider8599 25 днів тому

      Zero

  • @henrymedi4348
    @henrymedi4348 25 днів тому +3

    What economic policies did they put in place to strengthen the naira? This is just a gimmick, Emefiele tried the same thing from late 2015 to 2022. Don't believe the hype. I wish Nigeria well.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while nigeria will keep moving forward. Amen.

    • @rotimikayode1072
      @rotimikayode1072 21 день тому

      How would you know when all you listen to are those embittered politicians and irresponsible journalists who have been misinforming you about the activities of the government.

  • @salaudeenadejumo9859
    @salaudeenadejumo9859 25 днів тому

    Head master❤

  • @olukayodeolusegun3242
    @olukayodeolusegun3242 25 днів тому +1

    Able men

  • @salaudeenadejumo9859
    @salaudeenadejumo9859 25 днів тому

    I can see very brillant senator sheu sani

  • @AndyA86
    @AndyA86 23 дні тому

    this plan of issuing FCY bonds to Nigerians i.e. dorm axcount holders and diasporans- sounds fishy. Nigerian govt dont always treat their citizens well. Sounds like a ruse

  • @nathanmacalfred3659
    @nathanmacalfred3659 25 днів тому +2

    APC apologists, una go explain tire 😮😮😮. Meanwhile your foreign reserve is being depleted alarmingly

    • @Me19011
      @Me19011 25 днів тому +4

      You think this is container economy of buying and selling at Onitsha market experiences of your OBIdient 😂😂😂😂 you go lament tire of beer parlour news of propaganda of OBIdient

    • @slashtp2
      @slashtp2 25 днів тому +1

      ​@@Me19011you they shame someone who says it as it is, first your government float naira, dis value the naira and come back to back it with dollars and you come hear to spew rubbish 😂😂😂 continue

    • @DonaldOYewande
      @DonaldOYewande 25 днів тому +3

      The bus moved already. You’ll bury your head in shame by the end of 2026. This economy is already on the rise again. Those who knows what economic transformation and growth means are in charge.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      Shut up your mouth? Its has been cleary stated that its not on depeletion of forein reserve. Ode. Indaxt rhey have just recently added 600 million dollars again to the foreign reserve. Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while nigeria will keep moving forward. Amen.

    • @tade5671
      @tade5671 25 днів тому

      ​@@DonaldOYewandeExcellent reply Sir, its best to leave these elements in their Delusions now. All indices point to a gradual rebound and recovery for Our Long battered economy, May the ones who do not wish us a successful recovery FALL FLAT by the way Side.

  • @obeyalways5406
    @obeyalways5406 25 днів тому +1

    Removal of fuel subsidy and speculators contributed to the naira jumping from 750 to 1900.
    The Govt has only dealt with the part that was not caused by them which is the speculators. That explain the gains so far.
    As regards subisdy, significant production and increased export is what the Govt needs to work on.

  • @jazztheglass6139
    @jazztheglass6139 25 днів тому +1

    You get double the bank exchange rate for Naira in the illegal market. Been that way in Nigeria for decades.
    Bet they all keep their money overseas

  • @drbernonie1534
    @drbernonie1534 23 дні тому

    i no understand ooo...best performing kiniko

  • @Ndayaki
    @Ndayaki 25 днів тому +2

    Thanks to Dangote refinery in operation

    • @kene6753
      @kene6753 25 днів тому

      How exactly is this attributable to your dangote? If anything, dangote's refinery, as it is currently operating, would not favour Naira's value. Dangote is importing the petroleum products it is refining.

  • @sundayobeahon4826
    @sundayobeahon4826 24 дні тому

    The Finance Minister is not saying the whole truth. The idea that Naira is the best performing currency is nothing but a joke - they are defending the currency with every dollar they have or saved after foolishly floating the currency. Until Naira start dropping below the PMB era towards Jonathan era, that is when we can consider Naira to be performing. Currently, what we have is a maradonic economy.

  • @everbest9461
    @everbest9461 25 днів тому +2

    You better return the naira to it's rate when PDP was in power before you start celebrating

    • @user-hj9qj4td7q
      @user-hj9qj4td7q 25 днів тому

      Do you sense to know that at that time PDPwas borrowing over 600 million naira every month to subsidize dollars and close 1 trillion to subsidize petrol. Infac the day, Deziani announced the removal of subsidies. She revealed that all the subsidy were stopping them from doing capital project. This administration is using 300 billion to regulate pump price and less than 300 million to regulate dollars. Don't you know that you are not sincere but speaking as an hatred.

  • @okasefa563
    @okasefa563 23 дні тому

    Non of these was happening in Buhari's time.

  • @musa.ahmadu
    @musa.ahmadu 23 дні тому

  • @LoveLove-bc9np
    @LoveLove-bc9np 25 днів тому +1

    This man stood in world stage and lied about Nigeria exchange rate with dollar.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      What lie did he tell, enemy of Nigeria?

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      You're extremely blind to what his saying. When you talked about Lagos being the 4th largest economy in the West Africa sub region, this man is brain behind it. If you ever attended any institutions in Nigeria 🇳🇬 you will understand what they're saying, but if you do not, that means you're gullible and lack knowledge.

  • @michaeligwe2131
    @michaeligwe2131 25 днів тому

    Something is amiss, currency values dont rise and fall sharply and drastically like that, within weeks and more so when Nigeria is not producing anything. Well time will tell, lets wait and see

  • @okoromadoo
    @okoromadoo 25 днів тому +1

    😂😂😂😂 it is bad news for enemies of jagaban and nation

    • @PaLPfamilyplayz1626
      @PaLPfamilyplayz1626 24 дні тому

      Your living on a fool’s paradise to believe your economy is in recovery, without a manufacturing/ productivity sector you’re in an almighty mess. Their just borrowing money and balancing the books and giving out handouts. At some point they will tell you it’s because of those handouts the economy is heated up, spinning all the way with their media propaganda. Do you know how much is the exchange rates today and last week? These guys running the economy have no plans only to siphon funds for themselves, once in a while they will ask the EFCC to make an arrest to distract you all as to continue to believe their magic. Plan your life outside that economy otherwise you will live to regrets. I am none partisan.

  • @ujuuju1850
    @ujuuju1850 24 дні тому

    We appreciate your efforts, but don't stop pushing it more down.

  • @KINGFISHER_04
    @KINGFISHER_04 25 днів тому

    I am still lose .............Naira is raising against other currency.But inflation is on the high and the economy is getting worst.I don't understand!!!!!!!!

    • @tade5671
      @tade5671 25 днів тому

      Inflation won't start trending downwards instantly, it will take a bit of time, but it will eventually. However, the growth rate for last month's inflation rate was slower than the previous month, perhaps signaling that the downward trend might be imminent. Hopefully, Authorities continue the highly commendable work they're doing

    • @PaLPfamilyplayz1626
      @PaLPfamilyplayz1626 24 дні тому

      That’s the confusion because an average Nigerian doesn’t understand macro and micro economics to observe the games going on. Borrowing from foreign countries to stimulate the economy is a no solution because they inherited debts that are difficult to manage and only way is to continue to increase the debts carried forward with higher inflation out of control. Every commodities prices will continue to rise because no manufacturing base to earn the real foreign exchange. The depends on remittances from Nigerians living abroad who usually sends money to families at home, yearly around $25 billion dollars. The government doesn’t have any good plans to rescue the economy. Today will be better than next 10 years go and record it in your diary 📔 somewhere.

  • @oluadroit8692
    @oluadroit8692 23 дні тому

    It's crashing again o

  • @jesulayomilaide4899
    @jesulayomilaide4899 24 дні тому

    Make dem no dey whine us, there's much more work to do in the economy 😅. This shouldn't get into our head nevertheless A step of a thousand miles begins with a step. Congratulations 🎉 🎉

  • @Theactualclips
    @Theactualclips 25 днів тому +1

    I just dey look this people with one eye. None of them even seemed interested in what the CBN president was saying. That’s what scares me…

    • @orbitalmechanics3756
      @orbitalmechanics3756 25 днів тому

      I thought I was the only one to notice that. I doubt if many people are used to reading body language in that culture.

    • @Theactualclips
      @Theactualclips 25 днів тому +2

      @@orbitalmechanics3756 nah, we’re used to reading body languages.

    • @slashtp2
      @slashtp2 25 днів тому +2

      😂😂😂 because the cbn itself are confused institution just like the rest of them

  • @azeeznurudeenademola2224
    @azeeznurudeenademola2224 25 днів тому

    Selective tax system is also a tool to force foreign investors… increase taxes on importation of luxury and high tech products and support foreign investors and Nigeria base foreign companies….high tax on luxury goods will surely pul investment

  • @OluseyiEmmanuel87
    @OluseyiEmmanuel87 25 днів тому +2

    I laugh in ijebu.
    1. President entered power when naira was around N570 to £1 (pound) and N461 to $1, but today, naira is N1423 to £1, while to a dollar is N1151 and you are jubilating that Naira is performing well. You must be joking.
    2. CPI (inflation) was 31.70% in February but rose to 33.20% in annual terms, driven by soaring food and energy costs despite central bank rate hikes aimed at halting its ascent.
    3. Worst of all, food inflation rose to 40.01% year-on-year, from 37.92% a month earlier. At least a strengthening of the exchange rate should equate to a fall in food inflation, but the reverse is the case in Nigeria. It shows the rise in Naira against the pounds or dollars is not as a result of production but something else. That means they are using our reserve to strengthen the naira.

    • @user-mw2xz5vz2s
      @user-mw2xz5vz2s 25 днів тому

      If you like,laugh in Egba, oloriburuku...antagonist.

    • @OluseyiEmmanuel87
      @OluseyiEmmanuel87 25 днів тому

      ​@user-mw2xz5vz2s Thank you for calling me oloriboruku. The good thing is that you cannot curse "whom God has not cursed?" Numbers 23:8. Let us discuss economics and leave cursing. That strategy will not work.

    • @user-mw2xz5vz2s
      @user-mw2xz5vz2s 24 дні тому

      @@OluseyiEmmanuel87 I beg shift...

  • @iroabuchinwajah7566
    @iroabuchinwajah7566 25 днів тому +4

    PRODUCTION! PRODUCTION!! PRODUCTION!!!!!!. Those were the recurring words of His Excellency Mr. Peter Obi. When we chose mediocrity against excellence, that's what we expect:. "FAKES, DECEIT & SHAMELESS LIES". Not until we leave the shadow & chase the substance, Nigeria remains the poverty capital of the world in spite of our numerous God-endowed resources.

    • @user-fp5hq5kj2b
      @user-fp5hq5kj2b 25 днів тому +6

      What did Peter Obi achieve in Anambra state? NOTHING...he left the state in huge debt. You guys should be ashamed for promoting a clueless man

    • @user-fp5hq5kj2b
      @user-fp5hq5kj2b 25 днів тому +4

      South East is filled with poverty and violence. Its been like that for decades. If Peter Obi has any idea, let him use it there. His people need him

    • @user-fp5hq5kj2b
      @user-fp5hq5kj2b 25 днів тому +4

      Did PRODUCTION increase in Anambra state when he was governor? NO

    • @user-hj9qj4td7q
      @user-hj9qj4td7q 25 днів тому +3

      But Obi is importing his business and all his goods that he is selling in Nigeria. Why is he not producing?

    • @PaLPfamilyplayz1626
      @PaLPfamilyplayz1626 25 днів тому

      @@user-fp5hq5kj2byour people are busy borrowing and sharing handouts and your here clapping, no clear economic policy to encourage manufacturing because your ability to compete is zero and in 8 years you will be shouting Omo Igbo’ you lack foresight to understand which direction they economy should follow. Then your gutter media will run their propaganda to cover it up but not for everyone, what’s the prices of commodities like garri, rice yam etc, cost of public transportation? Big grammar can’t save Nigeria simple

  • @trippJ866
    @trippJ866 25 днів тому +1

    APC STOP DECEIVING YOURSELVES FOR HOW LONG

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому +1

      Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while nigeria will keep moving forward. Amen.

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      You're extremely blind to what his saying. When you talked about Lagos being the 4th largest economy in the West Africa sub region, this man is brain behind it. If you ever attended any institutions in Nigeria 🇳🇬 you will understand what they're saying, but if you do not, that means you're gullible and lack knowledge.

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      ​@fatfarmers7360 thank you

  • @itodoameh3196
    @itodoameh3196 25 днів тому

    Please brag when the is at least back to 400 per dollar.

  • @ezekielnsidibe6060
    @ezekielnsidibe6060 25 днів тому

    During the COVID Season the US Government opened up their financial economy while others tightened up theirs now after COVID the US Government tightened up their economy while others are trying to open up. And you can see even from your report the US government had good financial advisers and professional while Nigerian advisers are text book financial advisers. So i can clearly say to Nigerian financial advisers take a lesson from the ANT. It has not advisers but thrives well even in surplus and hardtimes.

  • @ArtOba747
    @ArtOba747 25 днів тому +1

    Go on lying to yourself 😠 who trading with you 😤

  • @LifePhath
    @LifePhath 25 днів тому

    why is there still inflation

    • @rotimikayode1072
      @rotimikayode1072 21 день тому

      Producers and traders will empty their old stocks first. They will also have to import cheaper raw materials to produce cheaper goods. Farmers also need some time to produce cheaper goods. Economics textbooks does not mention the time factor. You have to use your brain to understand that.

  • @solomonwin
    @solomonwin 23 дні тому

    Who did this to the black man 🙆🏿‍♀️ when are politicians going to Announce the real issues as regards to Citizens income, GDP has halved, Nigeria is fourth GDP in Africa with 253 billion USD from first position at 540 billion USD, Per capital income diminished inflation over 30 per cent with High cost of living, More people are moving into poverty . Collapse of Electricity Grid is record high with increase in tarrif. While 30k minimum wage is 27 USd 🤔 we have highest multidimensional poor people in the World 😲

  • @Chukwuka_5
    @Chukwuka_5 25 днів тому

    I hope it is not audios, i hope the naira gain it is systematic
    If not see Naira nosedive soon,

  • @samsonoladeinde734
    @samsonoladeinde734 23 дні тому

    Is this not deception?

  • @oron4realnigeria611
    @oron4realnigeria611 25 днів тому

    Diaspora no get money, dem dey come-back, make una send money to diasporians too

  • @olayemibakare6137
    @olayemibakare6137 25 днів тому +1

    That's what emifele and former finance minister refused to do, both of them didn't cooperate together.

  • @ofiliadefia
    @ofiliadefia 25 днів тому +2

    Naira best performing currency indeed 😂
    The worst thing in life is when a liar begins to lie to himself. Liegeria we hail thee.

  • @okasefa563
    @okasefa563 23 дні тому

    Tinubu Jagaban is best president / leader in the world. Just that too many enemies within in his country - Nigeria

  • @kelechukwuanozyk7605
    @kelechukwuanozyk7605 25 днів тому +10

    Lairs! How can Naira be the best performing currency.
    Naira is the worst performing currency

    • @wisdoma4860
      @wisdoma4860 25 днів тому +7

      MAYBE DO UR RESEARCH BEFORE YOU ALLOW UR BIAS ABOUT NAIRAs TO BLIND U.. PERFORMANCE OF NAIRA IN PAST FEW MONTHS HAVE BEEN GOOD VS USD

    • @lawjoe2660
      @lawjoe2660 25 днів тому +6

      Obi loss still dey pain you . Sorry o.

    • @chiefs5822
      @chiefs5822 25 днів тому +3

      If you search, then you wouldn't sound like an Edeiot online asking question

    • @anthonyobioraokeke3788
      @anthonyobioraokeke3788 25 днів тому +4

      ​@@wisdoma4860 I just love the way you guys have been deceiving yourselves in that shit hole

    • @emmanymatthew2539
      @emmanymatthew2539 25 днів тому +3

      Naira went from 1900/$ to 1100/$ in just 2 months and you come here to say it’s the worst performing currency. I didn’t support Tinubu in the last election but he has done very well since the beginning of the new year. I doff my hat for him, something I’ve realized about some people is that once their candidate losses an election, nothing the winner does that will make sense. Some obidients were even angry that the Naira is performing well…

  • @PeterChimezie-cg9uo
    @PeterChimezie-cg9uo 25 днів тому +1

    Story for the gods

  • @JandRMediaLimited
    @JandRMediaLimited 25 днів тому +1

    20 April 2022 under Buhari the black market rate was N760 to £1.
    20 April 2024 under Tinubu the black market rate is N1430 to £1.
    7 March 2024 we witnessed the highest rate at N2050 to £1.
    What I expected the finance minister to be saying was that we are increasing the size of our military to improve security.
    We are adding value to agricultural products before allowed to be exported. Expanding fishing.
    We are investing in building made in Nigeria ships.
    Nigeria can not survive on a mono economy relying only on oil for revenue.

    • @caesar7733
      @caesar7733 25 днів тому +1

      What😂 what has the finance minister got to do with the military or security?

    • @JandRMediaLimited
      @JandRMediaLimited 9 днів тому +1

      @@caesar7733 I expected finance minister to state what has been budgeted for security. The high inflationary price of basic agricultural produce affected by security concerns.

  • @iroabuchinwajah7566
    @iroabuchinwajah7566 25 днів тому

    So what next sir????????😢

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому

      Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while nigeria will keep moving forward. Amen.

  • @alfalfred8722
    @alfalfred8722 25 днів тому +1

    This caption is a sin, it’s blasphemous, misleading, mischievous, intended to cause harm and damage to the psyche of right thinking Nigerians.

    • @user-fp5hq5kj2b
      @user-fp5hq5kj2b 25 днів тому +2

      Youths in south east flee the poverty and violence in the south east for Lagos/South west on a daily basis. Those that cannot get to Lagos end up in Ibadan, Akure etc. Is there a way you guys can fix your economy, to provide better life for your youths?

    • @tunjicollins3677
      @tunjicollins3677 25 днів тому +1

      You speak English too much that you’ve lost your common sense. I understand that no matter what this current government does, you people will never appreciate it and always having something negative to say . Election has come and gone you Obi people you understand that . In fact Obi will and never govern this country. Do your research and checks these countries. Argentina. Zimbabwe. Venusuala , then you will appreciate what naira has done within this short period of time

    • @alfalfred8722
      @alfalfred8722 25 днів тому +1

      @@user-fp5hq5kj2b The problem of Tinubu and his government is the Yorubas themselves. They are busy sponsoring Yoruba Republic while their son is the president. What does that tell you? Leave Igbo and face your problems so that you can find solutions. Meanwhile, I’m not Igbo.

  • @nwaforchumason1312
    @nwaforchumason1312 25 днів тому +2

    If tinubu can forge Bishop he can also forge world bank he can bring some foreign individual pay them to act as world bank members

  • @JulaJ-oc3rk
    @JulaJ-oc3rk 25 днів тому +2

    Please, stop the distraction with this Naira nonsense and provide the most important need to the people ---- FOOD !!!

    • @Stoneface_
      @Stoneface_ 25 днів тому +1

      Once the currency is stabilized, food will be more affordable

    • @Bob-wq7lf
      @Bob-wq7lf 25 днів тому

      @@Stoneface_. Stone faced expert

  • @Bob-wq7lf
    @Bob-wq7lf 25 днів тому

    “Best performing currency” globally, hahahahahhahahaha. Pathological liars. Lord have mercy on Nigeria.

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      Check it online, your self

    • @Bob-wq7lf
      @Bob-wq7lf 24 дні тому

      @@olukayodeolusegun3242 Check what online?, the dollar was around 750 when they took over last May, it went up to 1900 and now 1100, so what’s the big deal?. It’s still performing very badly.

  • @Jhaybhi
    @Jhaybhi 25 днів тому

    😂😂😂

  • @tochukwunnadika2728
    @tochukwunnadika2728 25 днів тому

    Shame on you people for deception, but God pass una .

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      Shame on you, too. Enemies of Nigeria. You're extremely blind to what his saying. When you talked about Lagos being the 4th largest economy in the West Africa sub region, this man is brain behind it. If you ever attended any institutions in Nigeria 🇳🇬 you will understand what they're saying, but if you do not, that means you're gullible and lack knowledge.

  • @remyeches9079
    @remyeches9079 25 днів тому +4

    😂😂😂 Abeg stop the cap.
    What's Naira's recovery based on. Depletion of foreign reserve to save Naira? For how long would you sustain that for?

    • @Me19011
      @Me19011 25 днів тому +4

      You be Mumu. Beer parlour news carry by Ipobian. Bring down your prices for foreign goods if you don’t want it confiscated. You’re selling corn beef 🥩 can _ N5k

    • @atibaadewale8341
      @atibaadewale8341 25 днів тому +3

      Mumu, you are not happy to hear that right? Tinubu Administration is trying his best to shame people like you

    • @kene6753
      @kene6753 25 днів тому

      ​@atibaadewale8341 Indeed, thiefnubu will keep on trying for the next 100 years, and all we will get is this trial and error economics. The first commenter is 100% right, these clu€less bunch are simply plundering the country's foreign reserves to buff up the Naira.
      Otherwise, they should've told us what Naira's gains in the forex market are based on.

    • @DonaldOYewande
      @DonaldOYewande 25 днів тому +3

      You better wake up,!Tinubu is fixing Nigeria. This country is on the rise again.

    • @fatfarmers7360
      @fatfarmers7360 25 днів тому +2

      Shut up your mouth? Its has been cleary stated that its not on depeletion of forein reserve. Ode. Indaxt rhey have just recently added 600 million dollars again to the foreign reserve. Enemies of Nigeria praying for nigeria to fail, you all shall fail and you shall never rise while njgeria will keep moving forward. Amen.

  • @isangumoren5050
    @isangumoren5050 25 днів тому

    Though Naira has been gaining some value it is significantly surprising that CFA is valued far more than Naira. 10,000 CFA is valued at $16.27 while 10,000 naira is valued at $8.71. Don't recall when CFA was valued more than Naira beside Nigeria is energy producing country with additional Petroleum products generating additional revenue. so it is mind boggling that even at this current valued rate it is far lower than the CFA. So it appears Mr Edun and Cardoso have long way to go. Beside it is not certain that this Naira appreciation would be holding from now.

  • @viewsonlife828
    @viewsonlife828 25 днів тому +1

    This fools? Naira is still on negative and here you are patting each other for the most botched job ever done in economics

  • @mikeuzama2516
    @mikeuzama2516 25 днів тому

    Tinubu and his cohorts love the praises of outsiders but their people are suffering. They need the IMF and others praising the failures and suffering they have caused Nigerians. Shame naira best performing currency before Tinubu came there was anything wrong with the naira. They came up with useless policies that doesn't work later revert to the old system shame. They playing games with naira very soon we will all see the manipulation of all these educated illiterates

  • @amazinggrace6798
    @amazinggrace6798 25 днів тому +2

    Pls which Naira our Naira or Chicago Naira ..n let these trial n error economists that subsidy GONE master employed to to be embarrassing Nigerians just bcos one half baked professor connived to give us a glitch president,shud stop taking us as fools just bcos we kept quiet doesn't mean we r not ready for me in 2027....
    Pls when giving information ,give the full statistics... Naira shud go back to 169 where APC met it. Period

    • @wisdoma4860
      @wisdoma4860 25 днів тому +1

      MAYBE DO UR RESEARCH BEFORE YOU ALLOW UR BIAS ABOUT NAIRAs TO BLIND U.. PERFORMANCE OF NAIRA IN PAST FEW MONTHS HAVE BEEN GOOD VS USD

    • @amazinggrace6798
      @amazinggrace6798 25 днів тому +3

      @@wisdoma4860 pls answer this question? Has Naira gone back to 169 to dollars?....U that is not biased n thinking like Awo.. tell me . U R the o e that is kind by Ur grab it... Run with it ..snatch it

  • @uzopaul871
    @uzopaul871 25 днів тому +2

    You guys are SHAMELESS infact🤣😂

    • @olukayodeolusegun3242
      @olukayodeolusegun3242 25 днів тому

      Enemies of Nigerian

    • @uzopaul871
      @uzopaul871 25 днів тому

      @@olukayodeolusegun3242 ZOO yoruba man🤣

    • @jamespattinson-so7fu
      @jamespattinson-so7fu 24 дні тому

      ​@@olukayodeolusegun3242 how is he enemies of Nigeria?he is saying the truth
      Dollar is rising again oh it went from 1020 to almost 1300 now and you are celebrating
      Those people criticizing this Government are not just haters they are Seen what you are too foolish to see
      This Government met naira at around 750 per dollar and took it to almost 3000 per dollar,they returned it to around 1250 per dollar so why are you praising them ?
      We all have to criticize them to return it back to 700 per dollar and then start their own work to bring it down further then we all will praise and appreciate them

  • @edmundodebiyi5153
    @edmundodebiyi5153 25 днів тому

    We know the Nigerian haters will continue to demarket the country....

  • @antnam4406
    @antnam4406 25 днів тому

    Obidients IPOB are not working.

  • @wisdoma4860
    @wisdoma4860 25 днів тому +2

    OK GOOD THAT NAIRA IS DOING A BIT BETTER. TIME TO PUT THE NAIRA TO WORK , BUILD THE RURAL AREAS, PUT MONEY INTO THE RURAL ROADS AND SMALL BUSINESS OWNERS, BRING ALL TRIBES TOGETHER WORK TOGETHER, PAY LOCAL POLICE SO THE SMALL GANGS CAN GO GET JOBS. DONT JUST PUT MONEY INTO LAGOS OR RICH AREAS OF NIGERIA. IF NIGERIA WANTS TO REDUCE KIDNAPPERS AND BOKAHRM CULT ACTIVITY? CREATE JOBS FOR THE POOR SO THEY DONT JOIN GANGS. THEN EDUCATE THE POOR, NOT JUST THE RICH NIGEIRANS. AH AH..