NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA….
South Africa: Rand 1= 79 Naira
Angola: 1 kwanza = 12 Naira
Botswana: 1 Pula = 28 Naira
Cape Verde: 1 Escudo = 8 Naira
Algeria: 1 Dinar = 12 Naira
Egypt: 1 Pound = 35 Naira
Eritrea: 1 Nakata = 18 Naira
Ethiopia: 1 Birr = 19 Naira
Ghana: 1 Cedi = 56 Naira
Gambia 1 Dalasi = 9 Naira
Kenya: 1 shilling = 6 Naira
Liberia: 1 Dinar = 8 Naira
Lesotho: 1 Loti = 19 Naira
Libya: 1 Dinar = 156 Naira
Morocco: 1 Dirham = 176 Naira
Madagascar: 1 Ariary = 14 Naira
Mauritius: 1 Rupee = 16 Naira
Malawi: 1 kwacha = 21 Naira
Mozambique: 1 Metical = 24 Naira
Namibia: 1 Dollar = 32 Naira
Seychelles: 1 Rupee = 22 Naira
Sudan: 1 pound = 42 Naira
Swaziland: 1 Lilangeri = 19 Naira
Tunisia: 1 Dinar = 150 Naira
Zambia: 1 kwacha = 28 Naira
Even the worst economies of Africa now have more valuable Exchange rate than us.
As at today $1 = N370
€1 = N450
N1,000,000 is less than $4000.
…and some think that we have not reached the breakpoint?
Putin (Russia): Lawyer
Trump (America): Economics degree
Merkel (Germany): PhD physical chemistry
Xi Jinping (China): Chemical engineering and Doctor of Law
Buhari (Nigeria): WAEC not found
Yet, somebody wants a growing economy under this administration we re just playing is time to say Goodbye if we must tell ourselves the truth this country can’t be Giant of Africa again.
They were not prepared to GOVERN; even when they won the elections in 2015; it took them 7 months to form cabinet. It also took them 4 years to apportion blames on the previous regime.
When they observed that Nigerians are no more with them for 2nd TENURE; they DEPLOYED every machinery to rig the ELECTION in 2019.
Presently, it is obvious that the ECONOMY is dwindling and they have completely lost FOCUS on the Governance