ikubch:
Are you serious?

TonyeBarcanista:
Lol @OP this ya economics combine both K and Bow Leg

oyinkinola:

yes Iam, your opinion pls!

ikubch:

The conversion will follow the stabilised official rate not parallel market rates.

praxisnetworks:

oyinkinola:

if $1=₦198, LFR $1trillion=₦198trillion official rate!
at $1=₦216, LFR $1trillion=₦216trillion
if nigeria is your company you making lose or gain?

praxisnetworks:

Your case......? Hopeless.

oyinkinola:
[b] OIL AND LFR
[b] THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate! [/b]
Note (LFR is looted fund reserve)[/b]

chiefobdk:



it beats me how a grown man will be daft and won't know.
foolish and proud of it.
dude stop making a fool of urself..


How can one begin to school u...

U need to go start jss 1. Dats how low Ur reasoning is.

U should not be talking about economy. it's too big for u. apparently u don't kno Jack about how it works. it's like rocket science to u.

PUSIDRILA:
E be like say OP get too much blood in his alcohol stream

oyinkinola:

...sir any contrary theory that can proof my theory wrong? or your MBA is for insulting other?

oyinkinola:


MBA! sir, can you come out with any theory at nigeria situation today on how a $=₦?

oyinkinola:


MBA! sir, can you come out with any theory at nigeria situation today on how a $=₦?

chukwudi44:
[s]This dude is sick and obviously dosent know it.The other day he said he was praying for the exchange rate o hit N1000 to $1 not knowing that he will even die of hunger before even the first $1million is recovered from the alleged looters!![/s] What is even the guarantee that any money would be recovered?even Abacha's loot of which the looter died almost 20 years ago are yet to be recovered!!

What i dont understand is how a grown man like the OP will come to a publim forum like this and make a fool of himself

luvinhubby:
Another Emperor Ade Musiwa on the loose

jay2pee:
I am an economist and what I have to say is that a possible solution to this country's economic dwindling is that the government should start investing more on local(infant) industries and as well agriculture in order to balance the deficit that we are facing. By doing this, importation will reduce drastically while exportation will increase. Our problem is that we don't have much goods for export in order to be paid in foreign currency ($) which will boost our economy. Talking about looted funds, we don't have to rely on it cos most of the funds will not be accounted for. Let's face our problems and solve it. Let me stop for now

BALLOSKI:
I just de laugh.

DjAndroid:
Primary school analysis.