Our naira no follow again

[Kara3]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

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[Nheer]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

Omoh tears de my eyes as i read this post i swear, if dem tell us say for naija by this time things go de worse we for no believe but we don see am with our eyes so. Those days we been still de complain about bad government and all but now we con de even wish say things de as e be that time, everything was affordable then but now nothing 1k sef fit do for person i just hope after a few years we no de wish things was like it is now.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Na who don chop na im de alive oo so food na the most important thing for this life so and na who de alive de hustle for more money so e no get as e be na food be the first thing everybody de hustle this money for even as the price of things de go high all these things are necessities we can’t do without.

But as everybody de celebrate this independence even as e no sweet most of us the way the country be we gaz just celebrate am as well. Na still our country no matter how things turn out we no fit just wake up one day say we de change country the best we can do is to pray and keep fighting for the betterment of the country.

[rachael9385]

Omor as I read this whole thread, I feel pain but how man go do? As 9ja dey so, nah better country but nah just this greedy leaders nai just dey use their hands spoil the nature of we country.
Although 9ja life just dey like exam, so nah just follow am the way we see am, if e hard make we double our hustle and if e dey harder make we still fine another alternative for ram so that Wego fit still dey survive.
As today nah Independence day, we still get plenty things to celebrate for we country, like I been talk before, 9ja nah nice and free country for everyone but politicians dem don spoil the fun for we country but as long as say life dey nah to just the pray just as our presido tell us and make we still dey hope for change, like my grandpa been talk say hungry no go fit make man chop Stone and nah true, so make we no because of the hardship for the country go do the undo.
Happy independent everybody.

[Promocodeudo]

The naira is in a state of coma, and Nigeria has to wake up before is too late, there are so many factors that contribute to the weakness of Nigeria's currency:

These factors are as follows:
High demand for foreign currency
High inflation due to lack of production
Lack of adequate monetary policy
 
Nigerians depend much on foreign currency because of one business or another but the truth is, so many imported goods can be produced locally by Nigerians but they choose to import them for a reason best known to them.
The government has to make a strict policy concerning foreign currency-holding, I think it will tackle this menace to an extent.

Nigeria's financial policies are poor, and the central bank of Nigeria is not taking the right steps to achieve a mile in this issue, Nigeria need production strictly supervised by the government assigned agency, financially sponsored by Central bank.

Petroleum product virtually controls the price of everything in Nigeria because of it's impact in transportation system and production, we all know that 20hours light is not guaranteed here so it will be very difficult for any product firm to survive without purchasing petroleum products, so this should be given urgent attention in other to solve this problem also establishment of mini refineries should be encouraged by the government I think this will go a long way in solving our problem.

[Spaceman1000$]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

Funny enough my guy, as things be like this for the country, e get some people way dey benefit from this situation way we dey go through.

To strengthen the Naira, plenty things dey we our country suppose dey do.
Federal government say in a bid to strengthen the Naira and the economy, say them go float the Naira and also remove fuel subsidy.
Omo this two decision way our government take, don turn our currency from 1 dollar 758,  to 1000, the subsidy other hand come make inflation dey high, transportation and goods and services don high watin no good.
All this na as a result of not well thought out decision way our government dey take. If we wan strengthen the Naira, we need to increase productivity, in all aspect of the economy.

[Antotena]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

I was watching an interview yesterday and a guy was asking around to give out Oraimo mp3 similarly like that JBL. He asked around if there is anyone that can show him ₦5 from their wallet and he is ready to gift them the mp3, this dude walk around the street for an hour for anyone that can provide ₦5 cash and nobody could provide it, that's to tell you that ₦5 is no longer needed in the society because it can't but anything again. There is nothing that sell for ₦5 again, maybe there is for ₦10 but very soon, that could disappear from our eyers.

This is to tell you how bad the economy has become, our inflation is not longer smiling to the point that I asked the question if the inflation announced is really the main value, things are getting for common person, the salary is not eco friendly. I wonder how you plan to spend ₦30,000($30) for one week. It's high time the government call for emergency meeting from the legislative, executive and judiciary and make things work because the suffering is not selective, it's for all and every citizens.

Happy independence any way, even if things are not working.

[royalfestus]

"Prior to the point at which a 100 naira note held significant worth, our nation experienced more prosperous times, during which no significant efforts were made to rejuvenate the currency's value. I hesitate to attribute the decline in our country's economic policies solely to external superpowers; rather, the avarice of our leaders, their lack of competence, and the absence of effective planning have played a pivotal role in the prolonged degradation of our economy. Over the years, Nigeria has struggled to enhance its Gross Domestic Product and establish robust economic ties with other nations to facilitate trade."

[Commorant]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

My broda...I tire oo
This kind thing sef don tire me. Na this same devaluation wey I dey talk about for the other topic wey I just comment. Nothing fit make you dey alright if you dey earn like 50k monthly. You fit still dey owe people because,at the end of the day, tp fare go chop like 15k, food and everything else fit chop 30k, so na 5k you wan dey save up to pay person house rent and utility bill?  Omooooo!! E hard, I no go lie. Make them better we country make things dey alright. Na still this things make some of we people risk Thier lifes enter boat to abscond , then them go die for Atlantic ocean.

[SatoPrincess]

I think say the situation no go really affect me because I get dollar account and I dey still earn and save in usd but as I go market to buy foodstuff last week, 100k I carry no fit buy any better thing. Things go even cost more for December because of Christmas and new year jolliment. I no know where we dey go for this country. Happy independence!

[Obari]

Na that your last paragraph  sweet me and as nija wey we be, nothing dey ever shake us because we dey easily adapt to every shit thrown at us.
I even forget say yesterday  na independence but later realize after I been see some pupils wey fall out go match and I no blame them because them never rely know wetin this life be.
I just say make I slide in this thread and give some words of encouragement and I dey very sure say this country go better, maybe not this tenure but Mark my works say the country go one day return to normal.

[Fivestar4everMVP]

As is stance now all our income is being invested into food,

Something not very important but still worthy of pointing out is, buying food is not investment, its important to eat so as to have energy, grow and stay healthy, but still, this benefits does not make food or eating an investment.

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

See my brother, I remember back in the 90s, there used to be this digestive biscuit my uncle used to buy for me when I'm going to school, that biscuit was usually sold 2 for five naira, and any day I did not eat at home, I will take one of that biscuit to school, If I finish it and drink water, I will not know hungry again for the rest of that day..

I honestly want to agree with your above statement, but personally, I think I've never seen Nigeria in such a bad shape, not for me though, but for the people around me, those without jobs, those who are living from hand to mouth, it's really crazy, God has been mercifully to me and my family, but I see this people everyday, and wish I could just turn myself into a god and help every one of them, but unfortunately, it's impossible, but I still believe that Nigeria will be good again for everyone, lets just keep holding on and hanging in there, only thing I can advice is, every one should please get something doing, now is not the time to be idle in a country like Nigeria.

[Franctoshi]

I think the situation no go affects me because I have a dollar account and I dey still earn and save in USD but as I went to the market to buy foodstuff last week, 100k I carry no fit buy any better thing. Things go even more for December because of Christmas and New Year jolliment. I no know where we dey go for this country. Happy independence!

Right now it doesn't matter whether your earnings are based on the dollar, pound, or Euro, at the end we all meet at the same market and feel the heat, and that's the hard truth. The situation does not even recognize whether you are rich or poor, however earning dollars is pretty better than non.

The worst of it is that people are now taking advantage of this ugly situation on the ground and are increasing prices more than normal which will gradually ball down to we experiencing hyper-inflation if we haven't hit there yet, and thereby worsening the harsh conditions that everyone is facing right now.

[Truthlovecoins]

I think the situation no go affects me because I have a dollar account and I dey still earn and save in USD but as I went to the market to buy foodstuff last week, 100k I carry no fit buy any better thing. Things go even more for December because of Christmas and New Year jolliment. I no know where we dey go for this country. Happy independence!

Right now it doesn't matter whether your earnings are based on the dollar, pound, or Euro, at the end we all meet at the same market and feel the heat, and that's the hard truth. The situation does not even recognize whether you are rich or poor, however earning dollars is pretty better than non.

The worst of it is that people are now taking advantage of this ugly situation on the ground and are increasing prices more than normal which will gradually ball down to we experiencing hyper-inflation if we haven't hit there yet, and thereby worsening the harsh conditions that everyone is facing right now.

Any salary or wages in cryptocurrency must be converted to our local currency before use. Even our local traders who are crypto traders adjust their prices with the CBN exchange rates and right now the Naira is almost at 1$ to 1000naira.
With interest rates increased since the sitting of this new government, we are hoping that minimum wage and other avenue to make extra income is available to the common man without crypto knowledge or devices to eke a living online from.
Crypto currency education is still the way forward and this government should do more campaign and sensitisation workshops, they should also introduce the subject of cryptocurrency in educational curriculum throughout the country .

[Asiska02]

I also remember vividly when I use to buy a plate of food for N10 and you’ll eat to your satisfaction. Times have changed, everything has increased. As time go on, the later effect of economy change is been reflected in the wages of workers. But currently now, the cost of living is higher than the salary given to workers they’ve resulting into hardship for the citizens. I agree with you that the only thing worth celebrating is the gift of life and good health but as a Nigerian we always pray for the best in every situation or hardship we find ourselves. That’s the zeal every bonafide Nigerian always have in mind to keep pushing and hoping for the best.

[SmartCharpa]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

I dey tell you my brother the only thing to celebrate in this country na the gift of life, as this country take be now as e anything take happen no be new thing to us we go live on it, we don dey complain about this country issue since Buhari still dey, we was thinking that all our problems will become to an end when we voted Jagaban, but as this country dey like this ehn this na by who know person dey survive am, you no fit survive in this country without having any connections even to get job na by connections e dey hard say son of nobody dey go work interview and get the job except baba God help am.

Gas price for my side now is 900 per kgs I just dey wonder how coming generation go be, are they going to say they are happy to be in this country? Because as e dey like this so we are not happy, our parents face a lot in this country now that is our turn we are still facing the same thing, how our children time go take be. For this country youth most lead for the country to become better than this if not all this old age that are ruling us are all the same all they have is sweet mouth, during the time when Tinubu was contesting for presidential with the way him be they talk i was thinking maybe na person wey go do better thing, I don't know say na worst thing dey come. I been dey hear one rumor say strike go dey tomorrow I know believe say that thing go hold because Tinubu for don bribe them all.

[Timmzzy]

I can still recall the good old days when one hundred naria can get you a plate of food, but look at our naira now, five and ten naira are totally useless, while five hundred naria can't get you a good plate of food.

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

Today we are celebrating independence as if there is anything to celebrate for, the only thing worth celebrating is the gift of life.
Right now is just to hope and pray .

Anyway, na naija blood I be, E no get how e wan be wey e never be before, naija for life.

My brother i no believe say dollar ehh for this life go reach 1k as in ehh i shock, so like this just $5 na 5k be that oh, oboy  trading go deyvex person now ehh, because if your stops wey u put gets hit, maybe say na $10 you use for stop loss and e hit 10k don waka.

[adultcrypto]

I dey pity people wey their business na for naira o, including myself that is still earning salary. Omo e no easy at all. Before salary dey enter, e don finish already...we dey live practically from hand to mouth.

When I imagine wetin the poor people in the various villages dey go through this time, my heart dey cut. Even cleaners, security and people wey dey even earn less than the minimum wage... Na God hand them dey o.

[Y3shot]

The truth is that it will keep on getting worse because the government are not even concerned as it is becoming worse to do the needful that will help to give value to the currency. E be like say this is the end of Nigeria because naira they lose value every day and the things wey dem dey sell for market they add price every day.  Everyday I dey petty the poor how dem go take manage with the price of food for market.  Even people wey get money dey find it difficult to afford things with the current hardship.  The depreciation of our currency is really affecting the price of things in the market.

[letteredhub]

Omoh this Naira value issue just tire person oh. See as other countries the mk use of their least currency denomination dey buy and sell but for Naija even #20 Naira nothin useful person fit use buy, I no wan even go bear #5 cos I no fit remember how that #5 note luk lik again. It's just like all we're hustling for na to just dey able to afford the least food chop cos even as salary earners de salary no fit hold person for two weeks cos de moni value don die. It's just like we are hustling 3x more now to earn a moni value wey normally I'm those day 1x effort put in we sin supposed achive.  And am starting to rink say the govament no give a fvck about how dwindling de economy and de Naira dey fail as each day passes on.

[CryptopreneurBrainboss]

As is stance now all our income is being invested into food, as if we only come to this life to eat food, because of the high cost of living.
I still don't know how dy want the common man to survive, and I also wonder how people without jobs are fairing, because even those with jobs are struggling massively.

Don't save Naira, Invest Naira for assets dem like Bitcoin or land and you no go dey reason all this Naira falling or raising discussion dem because you go dun secure your future with your investment. I no understand why una dey celebrate independence day like say as you dey Nigerian so, you dey independent? We dey like an independent country? Wetin dey independent about the country when we dey depend on others for almost everything wey we dey use and even out politics no dey determine by the masses but by who get money and connection pass. In an economy that's govern by bad and corrupt leaders, how you expect the currency to do well. It'll take the intervention of good governance for our Naira to regain its relevant. It'll only get worse so make we no dey think say things go better for future. Instead to  dey wait for person to come save us, na we suppose save ourselves. We need to dey invest today for the future by hoarding Bitcoin, land and dollars self.

Everyday price of things are increasing, fuel, kerosene and gas prices is too high, but we just can't do without them.

We have to go back to subsidy because if government allow things to continue as e dey so, na the citizens go surfer am pass. Wetin dey cause all the rapid increase in price of everything na because say fuel price dun increase. The fuel dey control everything for this country because e belike na the most used thing as transportation na wetin everybody need use irrespective of the business wey you dey do and if your transportation increase, e go affect every other thing and those wey get other business too go increase their own because fuel (transportation) dun increase too. The government by now supposed dun see say the plans wey dem get no fit work, even the subsidy money, we no dey see where dem dey carry am go and do better something so make dem just continue dey pay the subsidy make life return to normal.