How do we value the Naira? Some years ago, the government made it known that spraying of Naira at events or occasions is a devaluation of our currency.
My fellow Nigerians, is this going to be possible to stop? It is a norm for celebrants to get sprayed by their guest, some world people sef even rate the calibre of the celebrant by the amount of money he/she is sprayed.
Spraying is like an essential in Owambe, we are accustomed to it. But what do you say when the Naira is reduced further than we are use to.
What would you say, when guest at an occasion finish spraying the celebrant and decide to throw money in the air for other guest to stumble and scrap to pick a few free bucks.
Most people have witnessed what I'm taking about when, the so called big boys just start throwing money in the air. They start popping money.
Some people call it LEVELS aka Big boyz tinz, others see it as arrogance. My own is that, 'Is it necessary???'
INFO OF THE DAY: Naira Fact
The naira was introduced on 1 January 1973, replacing the pound at a rate of 2 naira = 1 pound. This made Nigeria the last country to abandon the £sd currency system.
Chai! 1 pound to 2naira in those days, that's like another life if you compare our present day exchange rate.
WAG readers, what do we say about the value of our currency.......#reasonthematter#
Stay Sharp
Warri Girl.
Info source: Wikipedia
4 comments:
Abeg e, d Naira to €/$ exchnge rate is really embarasing, I nor wan even think am sef, I dey shame.
Frankly speaking! The Naira is nothing close to valuable,even in our own country its very worthless,talk more of comparing it to foreign currencies like pounds.its rili sad.
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