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Old October 27th, 2017, 02:55 AM   #21
starboydammy
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Quote:
Originally Posted by ekema View Post
You actually think I said 150bn is missing ? You think like a simple cowherder. I’m not referring to theft. I said since this administration came in nigeria lost $150bn. If you read this thread you’d see that the devaluation of the naira and has been discussed in detail. You haven’t shed any light on the issue
I called you an idiot because you are one
I can see u re badly nurtured.
I know what am talking about dingbat and dnt try to play defensive,
There is nothing been lost in an economy contracting,
Thats why economists use the word "contract"
Contract in economics=shrink/lessen.
Pls dnt quote me again, I will advice you to take some economics tutorial before u come to the internet to disgrace yourself before spewing trash.
Politics is bad for your health, stay away from it. my one cent
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Old October 27th, 2017, 03:22 AM   #22
ekema
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Originally Posted by starboydammy View Post
I can see u re badly nurtured.
I know what am talking about dingbat and dnt try to play defensive,
There is nothing been lost in an economy contracting,
Thats why economists use the word "contract"
Contract in economics=shrink/lessen.
Pls dnt quote me again, I will advice you to take some economics tutorial before u come to the internet to disgrace yourself before spewing trash.
Politics is bad for your health, stay away from it. my one cent
A deep recession and you think nothing was lost? There is nothing ‘been’ lost in an economy.” Spoken like a true buffoon. This is economics not politics. Bad policies by this administration nurtured the mess nigeria is in.

So what do you think has happened ? You think it’s just funny numbers. What does a contraction of 150bn result from. Whatever goat birthered you would be ashamed

Nigeria’s economy shrunk plain and simple. It may be on a slight mend now.

http://sweetcrudereports.com/2017/03...5-in-2016-nbs/
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Old October 30th, 2017, 04:02 PM   #23
Alex Roney
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Nigeria has lost around 150bn under this new government
If he was smart, he would let it "lose" more by finally allowing the naira to float freely and end the currency controls like Egypt did. Short-term pain for long-term stabilization.
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Old October 30th, 2017, 05:13 PM   #24
ekema
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If he was smart, he would let it "lose" more by finally allowing the naira to float freely and end the currency controls like Egypt did. Short-term pain for long-term stabilization.
Thé naira is actually stable today and without thé sort of intervention we saw earlier. If long term stability is the goal they need to work on diversifying the exports
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