". The Depreciation Of Naira And How It May Appreciate Against Dollar - Way Loaded

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Wednesday, September 2, 2020

The Depreciation Of Naira And How It May Appreciate Against Dollar

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The fallen of naira is arguably the responsibility of the past leaders who cares not about the present day of Nigeria but their personal interest and gains, but the rise of naira and other African currencies is now the responsibility of all Nigerians and Africans and not the responsibility of our leaders anymore.
The Black race has unconsciously devalued their identity and now their currencies making everything about white race more valued and continuously, Afrikan nations lossing their pride thereby moving in the direction that the whites has planned in Berlin 1884.
Nigerians and the whole Black nation are not lazy, we are not clueless, we are not ignorant of our problems, we are brave, intelligent, creative, ingenious, and originative. We're not slave to any human race, the Blacks has arguably made the whites become what they've become today and we can make ourselves greater and lead the world.
What could be more worse to befall a nation like Nigeria, the most populous nation in Afrika with diverse Human resources and tremendous minerals and yes! The giant of Afrika than the fall of its currency due to the unproductivity of the country both in local market and international markets.
Nigeria is at a point where 50% of her highest currency (Naira) is equivalent to 1% of a US dollars at parallel market. Even after our land border remain closed for almost a year now and still counting with the interest to minimize the rate of our importing items which we can conveniently produce in Nigeria and solely to appreciate Naira against the common enemy "dollar".
But Afrikans were arguably blessed with clueless leaders making inconvenient policies without providing a convenient alternatives or solutions to make the policy more effective.
Nigeria banned the importation of foreign rice and leave her citizens at the mercy of stoning local rice with no provisions from Federal government to ensure or facilitate a stone free Nigeria rice that will be good for consumption to preclude appendix in a society of poor medical facilities. Health is wealth, the wise one said.
If possible, Nigerians will sit at the comfort side of their couch and order for a China made Akpu, an America made Amala/Eba and an Italy or Dubai made Tuwo shikafa. Nigerians has continue to deprecate Naira with their common that "made in Nigeria" or "Nigeria product" were all fake, mostly tag Igbo product forgetting that all Nigeria made product are as good as Nigeria wire, we just need to appreciate it
So pathetic that our lawmakers at high chambers recently rejected Nigeria made motors "Innoson motor" for a foreign made motors. After all it's believed that Nigerians lawmakers only represent their personal interest.
Let go back to history when Naira is at its peak of fortune, a time when Nigeria produce almost everything they need in Nigeria and also supplied the world, then a Naira is more valuable than a dollar.
Nigeria government who keep making the whites agenda their blueprint of government for the white nations to remain on top now struggling to find a lasting solution to one of the major disaster that has befallen our Naira.
It's understandable that calling for the ban of dollars in Nigeria/Afrika marketsphere will be like taking away some of our countrymen daily bread. After a lot of effort of ECOWAS nation's leaders to have a unitary currency to strengthen our economy and improve the worth of Afrikan currency ECO which once believed to be in play in 2020 is still yet to be achieved in the 9th month of year 2020. A delay that can be trace to the effect of foreign agenda of Afrika mustn't grow.
To grow Naira, I'd suggest that all Nigeria borders should be closed both land, waters and air for any importing items that can be produce in Nigeria
Our leaders must adopt Innoson cars as their official cars if they can't use it for their personal use
Apprehend any citizens that called Nigerian made a fake product
Nigeria/Afrika is great and can be greater with the effort of us all

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