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Nairaland Forum / Nairaland / General / Politics / EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira (31402 Views)
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EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by peekspot(m): 8:40am On May 11 |
The Economic and Financial Crimes Commission has read the Riot Act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of Naira in their financial businesses. https://punchng.com/efcc-stops-dollar-transactions-asks-embassies-to-charge-in-naira/ 61 Likes 7 Shares
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Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Chimarto: 8:43am On May 11 |
You're stopping foreign missions from transacting in dollar and ordered your own foreign mission abroad to transact in naira violating the host country's policy? Our leaders have sense but they don't have wisdom. 412 Likes 24 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Paragon311(m): 8:46am On May 11 |
Nigeria jaga jaga Everywhere scatter scatter. This Dollar thing is a long way to way to go..... 20 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by adeoyekay(m): 8:46am On May 11 |
EFCC IS WORKING, GOD BLESS BABA OBASANJO 48 Likes 2 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by ProjectsCityNG: 8:47am On May 11 |
Arrest every institution owner that charges in dollars unless they have changed. This goes to all universities and hotels owners who charge in dollars 128 Likes 4 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Exousiang01(m): 8:48am On May 11 |
Step in the right direction 67 Likes 5 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by anonymous1759(m): 8:53am On May 11 |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Mjshexy(f): 8:59am On May 11 |
All businesses or institutions transacting in dollars should be immediately stopped, we can't continue this way 123 Likes 7 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by helinues: 9:03am On May 11 |
Better The more demand for naira, the more it gains her strength back 160 Likes 6 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by SadiqBabaSani: 9:04am On May 11 |
Chimarto:they should accept Naira anywhere in the world and deposit same into a Nigerian account 62 Likes 3 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Xscape1993(m): 9:05am On May 11 |
Good move and a welcome development. This is what I want to hear. 39 Likes 3 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Racoon(m): 9:07am On May 11 |
Financial policies of nations defers. What about the host countries the EFCC is asking that embassies transactions should be in naira when your government have followed the IMF satanic policies? The government is the one embezzling forex with the loans they collect and pay in dollars. 20 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Amotolongbo(f): 9:08am On May 11 |
Seems like this naira started falling again since the allegation “foreign reserve is being used to sustain the naira” was made 21 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Kukutente23: 9:10am On May 11 |
Good move But more importantly, they should raid the accounts of politicians and elites who hoard dollars and liquidate such accounts in naira terms. It is this set of people that are most responsible for our naira losing value 82 Likes 7 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Racoon(m): 9:11am On May 11 |
Amotolongbo:You don't need a soothsayer to decode the direction a failed government is heading in every respect. 22 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ofunaofu: 9:13am On May 11 |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ofunaofu: 9:17am On May 11 |
Amotolongbo:Are we to blame the "Allegation" for the falling of the Naira 6 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Amotolongbo(f): 9:35am On May 11 |
Ofunaofu:No, the people who debunked the allegation 😀 6 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by alizma: 9:45am On May 11 |
Good 2 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by marenkurz: 9:45am On May 11 |
All embassies follows their home country's rule and law. The host country don't have any rule or right over another country's embassy just because it is in your country. Looks like most nairalanders has never been to any embassy in or outside Nigeria. Meanwhile, Nigeria immigration charges in dollars outside Nigeria. And you pay to get naira from POS people. Turning your own currency to a commodity. Mad country. 41 Likes 3 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by alizma: 9:48am On May 11 |
Amotolongbo:I noticed that too. The truth is that there are many games being played underground at several stage of government and family to manage some situations till everything normalised unfortunately federal government got bursted. 9 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Putindbutt: 9:50am On May 11 |
Amotolongbo:Go to the frontpage, the news is there. 70% was used to service debts obligation in Q1. You only choose to hear what you want to hear especially fake news that tickles your ears. 14 Likes 3 Shares |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Godfullsam(m): 10:05am On May 11 |
Chimarto: What is this one saying For your mind, you know better than the EFCC . 14 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Amotolongbo(f): 10:24am On May 11 |
Putindbutt:It is so obvious. Please I no be mumu. 4 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Khyrvxjzy: 10:27am On May 11 |
f |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ejebleje: 10:30am On May 11 |
Lol...na compliance be the issue . You go force U.S embassy to charge in naira? 7 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Khyrvxjzy: 10:30am On May 11 |
Chimarto:lol, it funny |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Putindbutt: 10:30am On May 11 |
Amotolongbo:What's so obvious?, that CBN sold dollars to banks and BDCs?, is that a crime? and how much was even sold to them, less than $600m in 4months. so why the wailings?, we have far bigger loans to service monthly, abeg rest. 11 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Paraman: 10:32am On May 11 |
Putindbutt:They prefer to believe propaganda rather than facts on ground 8 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by idahme(m): 10:38am On May 11 |
U stop foreign missions using USD in Nigeria and still instruct your own missions abroad to use naira in their foreign land Confused lot. 19 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by idahme(m): 10:39am On May 11 |
Godfullsam: Ur comprehension is very poor, you didn't see their contradicting statement? 9 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Putindbutt: 10:39am On May 11 |
Paraman:And they keep spreading and repeating it till it get stuck to their head, mumu people dem. 7 Likes |
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