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Nairaland Forum / Nairaland / General / Business / Buhari: BDC Is A Scam And Drain To Nigeria (40802 Views)
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Re: Buhari: BDC Is A Scam And Drain To Nigeria by MissingBudget: 8:32pm On Jan 29, 2016 |
He didn't blame GEJ, I don't think Buhari said that! |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by iykemoney90(m): 8:33pm On Jan 29, 2016 |
Kreamie:Guy dey ur lane...I know call your name, so don't quote me. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by piagetskinner(m): 8:33pm On Jan 29, 2016 |
Well I guess these steps are geared at overhauling the system that is already dead-corrupt... If there's any word like that 1 Like |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Seun(m): 8:34pm On Jan 29, 2016 |
coolsix:Why.must the CBN sell it to them at 200 naira when the market price is 300 naira? Why should they sell at 200 naira when people are willing to buy for 300 naira? It's like selling your car to someone for 50 naira and expecting him to sell it for 100 naira when it normally goes for 1 million naira. If the person does that it means the person is a fool. And nothing stops the person that bought it for 100 naira from selling it to someone else for 1 million naira. It's an outdated approach that doesn't work. 4 Likes 2 Shares |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by playtheblues(f): 8:35pm On Jan 29, 2016 |
Go to Onitsha main market and see the No of Igbos involved in BDC. kennyman2000: |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by bizgai(m): 8:36pm On Jan 29, 2016 |
naijamark:yours is better just pray they don't show you there real colour, those guys in collaboration with our commercial banks are in for kill |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by tinsel: 8:37pm On Jan 29, 2016 |
Seun:Honestly, I don't know what to call you. 4 Likes |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by scachy(m): 8:37pm On Jan 29, 2016 |
tinsel: And it's only In Nigeria that one had to go to d Banks or to a particular market just to change or buy few currency notes. Every other countries have BDCs on d streets that u don't v to go for miles to access them. And government gives a certain percentage of foreign currency to them y the source for the greater percentage. because they operate under Govt regulations |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by uboma(m): 8:37pm On Jan 29, 2016 |
The Northerns who have the monopoly when it comes to Bureau de Change wont be happy with this. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by yhygajo(m): 8:37pm On Jan 29, 2016 |
coolsix: Do you know about the N35,000,000 that the CBN made each of the close to 4000 BDC pay without interest to the CBN? Nooo i doubt that |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by freddie2014: 8:38pm On Jan 29, 2016 |
nnachukz: What does he know about economic activities? Remember he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption. @NNACHUKZ....Lol..i owe you 3 kegs of palm wine! lol |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Chukzyfcb(m): 8:40pm On Jan 29, 2016 |
Yes the bdc might be scamming us but to complain thhat they have increased from 74 to over 2,000 is crazy. Who grants them this license to operate? Isn't it the CBN? The licensing fee of 1m and annual renewal fee of 250,000 and application fee of 100,000, hasn't these monies increased the revenues generated so far for the CBN. Pls let's call a spade a spade. If buhari must criticize the growing numbers of BDC operators, then CBN must follow in the criticism for awarding them licenses to operate 1 Like |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by tellwisdom: 8:41pm On Jan 29, 2016 |
All those hausa people wey our politicians dey use siphon money. Sometimes, i wonder how and where these people get their funds from. Shege dam boroba |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by femi4: 8:41pm On Jan 29, 2016 |
MzPecs:your handwriting is poor |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by redcliff: 8:42pm On Jan 29, 2016 |
dammytosh: Bruh |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by kennyman2000(m): 8:42pm On Jan 29, 2016 |
playtheblues: But the nos of hausa's in bdc is higher than that of any other tribe. 2 Likes |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Kruzilano(m): 8:42pm On Jan 29, 2016 |
coolsix:local banks buy at 199 4rm cbn nd sell at 305... Will u kal da scam? Mehn u aint gat anytin 2 say.. Shut d fvck up 2 Likes |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Adminisher: 8:43pm On Jan 29, 2016 |
This President is SWITCHED ON. Cluelessness has disappeared from Nigerian leadership for ever. In case you missed it, BDC's are mostly owned by northerners, yet Buhari is saying they should will not be subdized by government corrupt agencies and employees to weaken the Naira again. CHANGE is truly here 2 Likes |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by miqos02(m): 8:43pm On Jan 29, 2016 |
victorels:what? |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Jdesilentkiller(m): 8:44pm On Jan 29, 2016 |
Seun:Dear sir, kindly go back to stealth mode before they disect this your lame analysis............I know your opinion counts but this is beyond buying groundnut and banana. 7 Likes 3 Shares |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by eyennyin: 8:44pm On Jan 29, 2016 |
One thing you can't take away from Buhari is that he is a Nationalist. I love him . 2 Likes 1 Share |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by grandstar(m): 8:44pm On Jan 29, 2016 |
nnachukz: Soludo used the BDC's effectively to liberalise the naira.During his time, the diferential between the official rate and the parallel market was about 2naira.People even stopped going to the CBN and they were even complaining. Now its the complete opposite. The government will soon be the sole provider of forex. Is that not a recipe for corruption they claim to be fighting? You say a resource is scarce but you want to sell all at the cheapest possible price of 197! |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by AfroKnight: 8:46pm On Jan 29, 2016 |
Where are the frustrated wailers who said he only favours northerners? Most BDC's are owned and managed by northerners yet he didn't mind going against them. This man has risen above tribalism. May God bless and lead PMB. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by brunofarad(m): 8:46pm On Jan 29, 2016 |
Ok |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by playtheblues(f): 8:47pm On Jan 29, 2016 |
It's not true. Go to the East and see for yourself. Don't stay in Sokoto and speak for the whole world. kennyman2000: |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by tplacid: 8:47pm On Jan 29, 2016 |
nnachukz: And what would you say about a certain president that had a PHD and almost ran the country aground. You can be educated and not intelligent 6 Likes 1 Share
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Re: Buhari: BDC Is A Scam And Drain To Nigeria by Khan1993: 8:48pm On Jan 29, 2016 |
I hope those mallams accept their kismet and not join in the insurgency cos an idle hand is devil's workshop. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by LydayBobo(m): 8:48pm On Jan 29, 2016 |
TippyTop:I read the full report in Punch Newspapers where he said he will not devalue the Currency etc etc. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Orikinla(m): 8:48pm On Jan 29, 2016 |
PMB no send anybody. Even his closest aides dey fear to hear him cough. Personally, I really don't complain, because I make dollars daily and I go to Eko Hotel in Lagos to buy and sell dollars. The more dollar appreciates, the more money I make. 1 Like |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by ddippset(m): 8:49pm On Jan 29, 2016 |
tolexy007:I wouldn't say harsh. Rather id call it a childish rant which my 10 year old nephew would venture. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by MzPecs(f): 8:50pm On Jan 29, 2016 |
femi4:If you're re referring to my dp, that's my student's notebook that I was marking. |
Re: Buhari: BDC Is A Scam And Drain To Nigeria by Olushauneddy(m): 8:50pm On Jan 29, 2016 |
They've tackled you badly which I'm very glad of. Who know your father for Nigeria?[i][/i] nnachukz: |
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