https://www.youtube.com/watch?v=owVzVV7-v2M&feature=youtu.be


Join in this conversation if you are in the know of what the whole restriction on the naira card account usage for foreign transactions (with effect from january 1st 2016). Some students abroad are already worried. One way this is a good move and in another way it will hurt some people who genuinely need to access such funds abroad.

What is the way forward?

Nigerian students studying abroad should realize that this new government policy is also adversely affecting traders, manufacturers, travelers, expatriates, and students.

Unfortunately, in-spite of persistent public outcry the government has vowed not to reverse the policy. The government has also not provided any working alternatives for easy transactions. Small businesses are closing down while big ones are shedding their activities in the country.

My humble advice for current and new students is to be proactive and creative during these holidays. This government are not prioritizing this issue - but your school calender, deadlines and activities wont change because of you. Forget the Nigerian government!

& Contact your parent, family members and friends - borrow or buy as much FX you need/can afford to have a smooth academic session when schools reopen January

& Be extremely frugal with what you have now - your parents and family members will be going through tougher time 2016.

& Stop spending on those trivial things until your people start showing you signs of economic recovery

& If you foresee you are going to run into financial mess in coming months pre-inform your school - let them know of Nigeria situation before hands.

& Stop putting your hopes in Nigeria government - Nigerians scholars are being removed from Universities across the world and nobody has done anything for months

& Take your destiny in your hands starting from now

Okay

Ghandi12:
Nigerian students studying abroad should realize that this new government policy is also adversely affecting traders, manufacturers, travelers, expatriates, and students.

Unfortunately, in-spite of persistent public outcry the government has vowed not to reverse the policy. The government has also not provided any working alternatives for easy transactions. Small businesses are closing down while big ones are shedding their activities in the country.

My humble advice for current and new students is to be proactive and creative during these holidays. This government are not prioritizing this issue - but your school calender, deadlines and activities wont change because of you. Forget the Nigerian government!

& Contact your parent, family members and friends - borrow or buy as much FX you need/can afford to have a smooth academic session when schools reopen January

& Be extremely frugal with what you have now - your parents and family members will be going through tougher time 2016.

& Stop spending on those trivial things until your people start showing you signs of economic recovery

& If you foresee you are going to run into financial mess in coming months pre-inform your school - let them know of Nigeria situation before hands.

& Stop putting your hopes in Nigeria government - Nigerians scholars are being removed from Universities across the world and nobody has done anything for months

& Take your destiny in your hands starting from now

Thanks for your comment....Well said, Will share with the students