Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,209 members, 7,829,336 topics. Date: Thursday, 16 May 2024 at 03:11 AM

Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion (35793 Views)

CBN To Grab Unclaimed Funds In Banks, Dormant Account Balances / FG To Borrow Dormant Account Balances, Unclaimed Dividends / Mark Zuckerberg Loses $16.8billion In 2hrs, More Than Aliko Dangote (2) (3) (4)

(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Cnach: 12:50pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
Yes bros. Though it depends on how much u spend on getting the money. What I meant by that is about it transport. If the place is something u spend 5-7k or less on transport then it is still giod.
Pls don't flex ur money on cloth and street claps. Everything u want to be in life can start from that 25k. Be wise
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Ernerstdavid55(m): 12:52pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
come to epe buy agro commodity like plantain cheap rate nd sale wre u are.u make alot of money
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Snitch24(m): 12:53pm On Oct 03, 2021
Almost 10trillion
Omoh
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by yahmohy27: 12:55pm On Oct 03, 2021
Terrence99:
It seems stupidity runs in the Obanikoro family. This fool studied Political science and ended up as a fish farmer breeding Tilapia and catfish before becoming an House of Reps Member.

Because he has spent 2 years feeding on government money just like his failure of a father, he thinks he's in a position to give stupid advice on currency and the economy. I don't blame him. It is that bald failure in the CBN who has given nonentities like this Obanikoro mouth to talk. If Emefiele did his job well, fish farmers won't be passing bills on Bank accounts.
Wait oo, do you in any way have dom acct?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Nobody: 12:56pm On Oct 03, 2021
In Brazil we call Obanikoro

MUGUdinho Dos Santos
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by yahmohy27: 1:01pm On Oct 03, 2021
SonofLothbrok:
All i know is that we have a thief as president
No, thieves are surrounded by mr president who is incapable of dealing with them
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Antoeni(m): 1:01pm On Oct 03, 2021
Money still dey
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Gobdddd(m): 1:03pm On Oct 03, 2021
I'll kukuma go and withdraw the $9.78 I have in my account, so that the money can come down to say $15.99bb
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by ezekins: 1:04pm On Oct 03, 2021
I'm on the same page with those calling for the suspension of domiciliary account or better still let it be reviewed. I'm of the strong opinion that domiciliary account is aiding the activities of currency speculators by being where they deposit the huge amount of foreign currencies. The cbn should decree that money should no longer be saved in dom account except it's just for payment purpose within a stipulated time. this will make speculators to desist from hoarding the currency since there will be no place to deposit it.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Theunbothered: 1:06pm On Oct 03, 2021
DoggoneDogg:


Na now u just dey know? Nigerians sabi pretend
PENNYSWAP:
People are wealthy in this country I swear

How are we rich?

There's 200 million Nigerians, if you divide that money among everyone it's 80 dollars or 46,000 naira.

Even if you divide it by one million that's still 9 million naira but still less than the yearly minimum wage of an American.

I ask again how are we rich?

5 Likes

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Nobody: 1:07pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
it's reasonable, mate but don't settle, strive to improve your financial independence and get off the grid.. See you up there mate, cheers
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by ProfitDomain(m): 1:09pm On Oct 03, 2021
This is the more reason to quickly embrace cryptocurrency investments and savings cos Naira has lost value totally.

If you have idle Dollars and Naira lying in your bank accounts then you need to seriously look into this.

Join me via my signature for a stressless way of profiting in the crypto space on autopilot even if you don't know Jack about Cryptocurrency trading and Investment.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Pharaoh4rin(m): 1:11pm On Oct 03, 2021
Dreamhighnow:
This administration keep destroying our economy and yet they want private individuals to bear the burden whereas they keep looting

I won't be surprise at this sponsored bulletin cos Buhari administration might want to do something with domiciliary accounts of people

My question is it a crime to be a Nigeria? You are eating the future of generations unborn and yet the money they make you are still looking for ways to take it or freeze it. What sort of recommendation by the evil party member?

Lest not forget they once tried to take money left in private people's account left untouch for 6 months or so and also shares yet unclaimed. Where do u see this kind of evil policy anywhere in the world except in Nigeria

Anyway, Nigerians love suffering and smiling

Why do you think BMC members sold their birthright cos of 30k per month trying to defend the mannequin and result into insults at times


The question begging for answer is, how long has this APC members been planning for this evil? They have a way of doing it.

Is this how powerful evil can triumph?

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by DoggoneDogg: 1:17pm On Oct 03, 2021
[s]
Theunbothered:



How are we rich?

There's 200 million Nigerians, if you divide that money among everyone it's 80 dollars or 46,000 naira.

Even if you divide it by one million that's still 9 million naira but still less than the yearly minimum wage of an American.

I ask again how are we rich?
[/s]

That's just the amount of dollars sitting in dom accounts only.
Its nothing compared to Naira sitting in regular accounts or even dollars sitting in foreign accounts, assets that can be converted to liquid, shares, investments etc
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Standing5(m): 1:20pm On Oct 03, 2021
Terrence99:
It seems stupidity runs in the Obanikoro family. This fool studied Political science and ended up as a fish farmer breeding Tilapia and catfish before becoming an House of Reps Member.

Because he has spent 2 years feeding on government money just like his failure of a father, he thinks he's in a position to give stupid advice on currency and the economy. I don't blame him. It is that bald failure in the CBN who has given nonentities like this Obanikoro mouth to talk. If Emefiele did his job well, fish farmers won't be passing bills on Bank accounts.
please, what was emefiele suppose to do to arrest the forex situation?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by advanceDNA: 1:21pm On Oct 03, 2021
PENNYSWAP:
People are wealthy in this country I swear


Nigga don't be naive....we have 200 million people in this country...this is the fvckimg capital poverty of the universe..but we think Nigerians have money because we can see big houses in lekki and companies .....news flash, one person has
20 petrol station...
50 houses...
10 schools
15 hospitals..


..trust me those dollars is owned by a few people....
each corporate accounts s are not owned by different companies...many of the accounts are owned by same person who opened like 10 corporate accounts ..

Make I clear u...cos it gets worse...many of the individual dorm accounts are owned by the same corporate account holders...

Guy na we we.....

2 Likes 1 Share

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Standing5(m): 1:31pm On Oct 03, 2021
DOTian:
The Federal government should go and be inventive about generating forex through exports and stop this shamelessly dubious attempt at dictating to people and corporations. It's not the job of the government to lecture folks on how to manage their resources, especially when the said feds have failed woefully and repeatedly on issues like making good fiscal and monetary policies. The solid mineral sector alone is capable of shoring up the forex problems of the country but crooks, herdsmen and Jihadists are allowed to solidly control this sector while ripping off the country... It's insane...
Exactly. They think economics is all about chesslike movement of money or some game of monopoly. It is about production and the moment they impeded production of crop for cattle's to blossom, the problem worsened. If I have cotton buds and nice chocolates locally produced will I ever need forex to import one? Same thing for other items like milk, palm oil, and poultry.

2 Likes 1 Share

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Nobody: 1:31pm On Oct 03, 2021
advanceDNA:



Nigga don't be naive....we have 200 million people in this country...this is the fvckimg capital poverty of the universe..but we think Nigerians have money because we can see big houses in lekki and companies .....news flash, one person has
20 petrol station...
50 houses...
10 schools
15 hospitals..


..trust me those dollars is owned by a few people....
each corporate accounts s are not owned by different companies...many of the accounts are owned by same person who opened like 10 corporate accounts ..

Make I clear u...cos it gets worse...many of the individual dorm accounts are owned by the same corporate account holders...

Guy na we we.....


Lesson to you.

Most of the owners of domiciliary accounts in Nigeria are entrepreneurs and businessmen

2 Likes 1 Share

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Drsnives(m): 1:32pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?
Grab am with both hands while searching for a better job..
Am currently earning 20k staying alone with plenty bills

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by boom99(m): 1:33pm On Oct 03, 2021
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?

It's not bad if you can earn more. The money no make sense atall
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Nobody: 1:34pm On Oct 03, 2021
Standing5:
Exactly. They think economics is all about chesslike movement of money or some game of monopoly. It is about production and the moment they impeded production of crop for cattle's to blossom, the problem worsened. If I have cotton buds and nice chocolates locally produced will I ever need forex to import one? Sane thing for other items like milk, palm oil, and poultry.

I have one question for you.

What have you produce?
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Standing5(m): 1:35pm On Oct 03, 2021
thebosstrevor1:


I have one question for you.

What have you produce?

You should start by example or you think BMC posts can earn forex? It cannot so start.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by Jolomenas: 1:38pm On Oct 03, 2021
Natajo2021:
The parasitic government of Hausa-Fulani led by Wicked general Buhari, always look to reap where they never sew.
Same way they passed a dubious bill to convert and claim all unclaimed dividends that belong to the Southerners.
I look through the list of available unclaimed dividends, I could not see 1% of Hausa-Fulani on the list.
This mean, 99% of unclaimed dividends belong to the Yorubas and ibos.
The worse thing is that the Wicked general is planning to cease the money and use it to develop the desert and non-productive conquered Northern Nigeria area and Niger republic.
Useless government. Always borrowing.
Parasitic and non-ambitious Hausa-Fulani that cannot survive without the sweat, labour and resources of the South.
Very manipulative people.
Specialist in divide , conquer and ruin.
Lmao, sadly you cannot do shit about it.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by RexTramadol1: 1:39pm On Oct 03, 2021
Terrence99:
It seems stupidity runs in the Obanikoro family. This fool studied Political science and ended up as a fish farmer breeding Tilapia and catfish before becoming an House of Reps Member.

Because he has spent 2 years feeding on government money just like his failure of a father, he thinks he's in a position to give stupid advice on currency and the economy. I don't blame him. It is that bald failure in the CBN who has given nonentities like this Obanikoro mouth to talk. If Emefiele did his job well, fish farmers won't be passing bills on Bank accounts.




If it was actually up to the needed $30bn, he might not be way off the mark, after all we use what we have at our disposal to get whatever we want


Most of those monies in dom accounts belong to politicians, especially those from the North, without doubts successful businessmen too, but most parts are stolen by them (politicians)



Even you that has less than $20m ( to overbloat your ego) you’re here talking fiscal policy, when the man you’re having a grouse with knows his friends who just keep monies in dom accounts, creating scarcity (artificial), don’t just look at this issue from a legit perspective



Weeks ago, one of the beneficiaries of the sham called subsidy was facing trial in Ikeja, you need to know how much these people have in dom accounts to know this dollar scarcity isn’t totally a natural thing


Sometimes, you need to look further than what is said, try from another lens, albeit on this part the Honorable reps member didn’t even consider that the deficits we have can’t be filled by the solution he proffered.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by RexTramadol1: 1:42pm On Oct 03, 2021
thebosstrevor1:



Lesson to you.

Most of the owners of domiciliary accounts in Nigeria are entrepreneurs and businessmen



Businessmen cleaning up politicians’ monies
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by nams77: 1:42pm On Oct 03, 2021
paskal16:
Emefelie probably pondering on the next action to take
I will not be surprised, these crooks only know how to steal peoples money.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by headboyprince(m): 1:44pm On Oct 03, 2021
pacespot:
I've a domiciliary account, since I heard the bullsh*t said by this lunatic man obanikoro, I've simply moved a chunk of the money to my online wallet. I cannot bear the brunt of leadership failure with the money I spent years of sleepless night to earn through my online freelancing and marketing, despite government unable to provide jobs for graduates. All of my earnings came from outside Nigeria from white people I work with.

Please Which online wallet do you use? And how do you transfer from Dom account to the wallet.
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by ddeola: 1:44pm On Oct 03, 2021
Lazy politicians looking for easy way out meanwhile they are not ready to change their lifestyle and wasteful spendings. They are only seeking to impoverish the people while they and their family members are flexing. undecided undecided undecided undecided undecided

No clear-cut plan to improve the economy, no commitment to the development of industries and building manpower, no economic policy for sustained capital development, no readiness on their part to make sacrifices (denying themselves luxury at the expense of the people). All they do is allocation of oil earnings and plundering the treasury. angry angry angry angry angry angry angry

God will deliver Nigeria from all these DEMONS in Jesus name. sad sad sad
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by manchinKY(m): 1:47pm On Oct 03, 2021
lol, recalled as of 2012/2015 i was receiving 5000NGN, that's if u work full month, if u absent one day, them go deduct 300 naira, so a full month u fit collect like 3200.. 25k big na
PENISgod:
Please guys is 25k salary a Month good for a single teenager living with his parents?

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by ChikezieU(m): 1:47pm On Oct 03, 2021
DoggoneDogg:
By Nairametrics Analysts


Source: Nairametrics
nonsense...
Scrambling to reap where you did not sow.

So when you liquidate it people that does international buz will que to buy dollar
again from you. Ndi-ala

You people want to singlehandedly collect people's sweat with nonsense bill

1 Like

Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by LegalWolf: 1:48pm On Oct 03, 2021
Terrence99:
It seems stupidity runs in the Obanikoro family. This fool studied Political science and ended up as a fish farmer breeding Tilapia and catfish before becoming an House of Reps Member.

Because he has spent 2 years feeding on government money just like his failure of a father, he thinks he's in a position to give stupid advice on currency and the economy. I don't blame him. It is that bald failure in the CBN who has given nonentities like this Obanikoro mouth to talk. If Emefiele did his job well, fish farmers won't be passing bills on Bank accounts.

Geeeeeezz, you are angry o. Did he offend you before? grin grin
Re: Report: Domiciliary Account Balances In Nigeria Estimated At $16 Billion by advanceDNA: 1:49pm On Oct 03, 2021
thebosstrevor1:



Lesson to you.

Most of the owners of domiciliary accounts in Nigeria are entrepreneurs and businessmen

What's your point ...did I say more of the dorm accounts are not owned by entrepreneurs...?? The article already said so...so agaim...what's your fvckimg point..

(1) (2) (3) (4) (5) (6) (7) (Reply)

BVN Deadline: 26m Bank Accounts To Be Frozen / Who Has Been Able To Buy Dollar At The Inter Bank Rates Of 253-260 Today? / Wazobia Investment Has Crashed PHOTOS

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.