jamesharryson:


So because pdp raised voice means they hate the masses? Oga y don't u reason your statements at times. I am not an economist though but I think pdp, though in opposition now, still thinks good for this nation and wants Buhari to succeed. Opposition government doesn't mean opposite people. So pls next time you comment, I beg you in the name of whatever you worship to be more constructive in your criticisms than talking anyhow. I love you though. You still be my brother no matter the weather

ashieduplus:


You are still in the past.

199 to a $

ydass:
Going too far with this money laundry policy don't forget there are genuine Nigerian business persons who needs DOM acct. for their business.

I think the government should rather focus attention on creating identity for every Nigerian to enable traceability of any money laundry act.

expee06:


You are high on cheap weed! How the hell do I pay for equipment abroad?
PMB this isn't North Korea.

lagbaja:
This is a laudable development. Excerpt from CBN statement clarifies the policy position.

The CBN commended deposit money banks in the country for curtailing the acceptance of foreign currency cash deposits without proper documentation. It assure all genuine foreign currency users of access to forex, saying. “We wish to assure all citizens seeking foreign currencies for legitimate personal and/or business interests that there remains ample opportunity to do so within the law. The CBN’s Foreign Exchange Rules have many windows for accessing foreign exchange for legitimate business as well as for personal commitments including payment of medical bills, school fees, mortgages, demand notes and other bills.

If you have legitimate business to fund, follow the proper channel.

More details on

http://www.thisdaylive.com/articles/cbn-moves-to-block-illicit-financial-flows-naira-rebounds/216338/

jamesharryson:


So because pdp raised voice means they hate the masses? Oga y don't u reason your statements at times. I am not an economist though but I think pdp, though in opposition now, still thinks good for this nation and wants Buhari to succeed. Opposition government doesn't mean opposite people. So pls next time you comment, I beg you in the name of whatever you worship to be more constructive in your criticisms than talking anyhow. I love you though. You still be my brother no matter the weather

ibedun:


Because they do not care about the people or the country, they just want Buhari to fail.

arm4u:
PDP is very right.
Only kids and those who wait for monthly handouts will jubilate over the madness of Buhari and his CBN.

They are choking life out of international business.

Let me educate you folks.


We have a service which we procure from overseas,
we have a client in Nigeria who needs the service;

We pay our vendor in Dollars, so our client has to pays us in Dollars.

The business is transacted in dollars, We am not thieves.
We have nothing to do with oil let alone oil money.
We are not laundering any money for any body.

The policy has barred our client from paying using dollars.
Yet, Ir must pay my vendor in dollars.
Those of you who are haling it should explain to us how we can continue our business.

This archaic and myopic policy will simply snuff life out of my genuine efforts.

It is like banning cars because armed robbers use it to operate.

You can force Naira to improve in value, but you cannot force the economy to grow,


Well, am I surprised?
Didnt Buhari jail Fela for coming into Nigeria with Dollars he earned from handwork.

Do I blame Buhari?
Has he ventured into any business?
What does he know about money?
Did he not despise the business men when he visited the US?
Like somebody said, we have a celebrated illiterate as President.


Al I can say is, shame.

BigBen10:



sorry to say but you are a learner aka naive

agabusta:
Why is the PDP kicking the air like an angry frustrated He-goat over a policy meant to protect the naira?? Is it because you are stuck with your stashed dollars??

The game is up! All the cash u guys looted is trapped now in your vaults at home. All of you have no option than to take it to the parallel market to change. This will go a long way in stabilising the naira and making it stronger in the parallel market.

You may decide to leave it at home and do a gamble on who will get the dollars first btw:

- dare devil robbers, who can sniff dollars from miles away.

- Police, DSS and EFCC who has been given renewed vigour by PMB and eager to please him by looking for any opportunity to catch anyone catchable.

-wayward children, who will steal it to live a high life that may cause their death.

- evil domestic staff, who are ready to behead and strangle anyone even if it's just for one $100 bill

If u guys try anything funny by trying to smuggle the cash out; woe betide anyone Buhari catches. By then, I hope their silly supporters on nairaland will not come and cry 'witch-hunt'

Now it seems i'm beginning to like Emefiele.

prestigediva1:
Silly talk and bad assertion

jamesharryson:


You that have learnt, why can't you make some good contributions other than talking trash

bayulll01:


Good policy paid 146 to a dollar for online stuff last week,the likes of wailers barcanista and co shld go and die

jamesharryson:


So because pdp raised voice means they hate the masses? Oga y don't u reason your statements at times. I am not an economist though but I think pdp, though in opposition now, still thinks good for this nation and wants Buhari to succeed. Opposition government doesn't mean opposite people. So pls next time you comment, I beg you in the name of whatever you worship to be more constructive in your criticisms than talking anyhow. I love you though. You still be my brother no matter the weather

Okudiover:
So Olisa Metuh is now an Economist nde??

arm4u:
PDP is very right.
Only kids and those who wait for monthly handouts will jubilate over the madness of Buhari and his CBN.
They are choking life out of international business.
Let me educate you folks.
We have a service which we procure from overseas,
we have a client in Nigeria who needs the service;
We pay our vendor in Dollars, so our client has to pays us in Dollars.
The business is transacted in dollars, We am not thieves.
We have nothing to do with oil let alone oil money.
We are not laundering any money for any body.
The policy has barred our client from paying using dollars.
Yet, Ir must pay my vendor in dollars.
Those of you who are haling it should explain to us how we can continue our business.
This archaic and myopic policy will simply snuff life out of my genuine efforts.
It is like banning cars because armed robbers use it to operate.
You can force Naira to improve in value, but you cannot force the economy to grow,
Well, am I surprised?
Didnt Buhari jail Fela for coming into Nigeria with Dollars he earned from handwork.
Do I blame Buhari?
Has he ventured into any business?
What does he know about money?
Did he not despise the business men when he visited the US?
Like somebody said, we have a celebrated illiterate as President.
Al I can say is, shame.

ransomed:
::--PDP hates the masses. They only need them during election and lord over them thereafter, nothing more. Are you still my brother?

BigBen10:


lol. If not for time and convenience I would have contributed. Plus I didn't talk trash.