₦airaland Forum

Princeofasia:
smuggled how? it is their money na. this is clear stealing. i wish they contacted me to teach them how to get the money out without even entering the airport. naijas are just thieves. someone suffered to make money and u stole the money then still jailed them for 2 years? wtf

can you teach me?

Even me that I have legal money in Nigeria, if given the opportunity I will attempt to smuggle the money out of Nigeria as dollars. Imagine investing in a country where the naira is so unstable that it turning to useless paper. If you look at this story well you'd discover that this money belongs to this guys but they are just looking for ways to take their investment to Lebanon as Nigeria economy don cast. Even dollar sef may cast soon. They are just printing dollars and giving people up and down as stimulus check. Na Yen me I want now oooo.

ultron12345:
Stupidity of the highest order.

Firstly, this write up is filled with lies. Since when did Madagascar's currency become higher than the naira. 1 Malagasy Ariary = 0.1 Naira. The Sudanese Pound is equivalent to 7 Naira, not 42 Naira. The Malawian Kwacha is not stronger than the Naira, it is not equivalent to 21 Naira. 1 Naira = 2 Malawian Kwacha. These are just few of the numerous lies up there. What do you hope to achieve by sharing these devilish lies?

Secondly,

1 Naira = 3 South Korean Wons

Does that mean Nigeria, Ghana, Kenya and others have a better economy than South Korea?

1 Gambian Dallasi = 2 Japanese Yen
1 Ghanaian Cedi = 18.2 Japanese Yen (Let's assume we don't know about Ghana's currency redomination)

Do these mean that Gambia and Ghana have a stronger economy then Japan?


Exchange rates do not represent the reality on ground. In fact, if we Nigerians were a serious people, we would have used this low exchange rate to turn ourselves into an export-based nation as this will make our exports cheaper and more competitive on the global market. But no, we must sit down doing nothing and complain. It's the Chinese, Lebanese and Indians that will come and take advantage.

China's dream would be to have the chance to devalue their currency to our level without being called a currency manipulator and getting slammed with sanctions from US and EU. Sensible countries like Vietnam keep their exchange rates very low to stimulate exports.

Nigeria's target should be to solve exchange rate instability, and not to be striving for N1=$1. The Naira can be 300, 360, 400, 500 to a dollar but let it be stable, so that investors and business people can plan for the future. Not today 300, tomorrow 450, next tomorrow 390, the other day 610. You collect dollar loan to invest in Nigeria at 1$ to N300, but when it's time to pay back, it's 1$ to 500. Exchange rate stability is what is needed. If we solve this and bring down inflation, it would go a long way in helping businesses.

Well no one wants to lose money. After investing X millions in nigerian treasury bills (which should be a relatively safe investment) only to go through 2 instability cycles with the Naira all reducing my investment. Shouldn't I carry my money and run? Let the indians and lebanese keep investing. They know how to better manipulate the system. And carry their dollars in cash in Ghana most go when they are travelling.

What is the most efficient way to convert 12 milllion to USD. I'm currently in U. S and I'm tired this treasury bills crap. The interest on investment can't even bit naira falling nor inflation. Is bitcoin a good idea? Is there any other better to invest other than naira? Investing in naira at this point is pointless.

Hahaha. Let the DNA people find these ones. Na how to still their DNA and bank for eternity go remain.

Ishilove:
Who is this person in the middle nitori Olorun??

Dora the bobby exposer a. K.a Dorathy.

Useless Government.

Riddle me this. Part of America's constitution is that people should be able to bare arms and take over from a useless govt. Yes, it's in declaration of independence. I don't even understand what in United about UN Security council that is filled with Oyinbos and Chincos without any African representation. Mschwww

So na Erigga real guy be this? Only Paperboi fans will understand. Congrats to Erigga and his "Real guy" The lady is fine.
"

Even the chief feminist have husbands that they are "kneeling" down for. Go figure. Oprah, Chimamanda, Beyonce. Is only a dumb woman that will believe all these feminism cock and bull stories. When Jay Z cheated shebi you feminist people were thinking Beyonce will leave him. But did she? Hahahaha. She turned their backs on them all.

Feminism of don't take nonsense from your husband, don't respect him, don't cook, everything share 50-50 is crap
The kind of feminism i support is feminism of girl child education, equal opportunity for women, paid maternity leave, no to rape etc

All other feminist, feminism kill you there.

Every country in the world has the right to develop nuclear weapons. Riddle me. Why are all the countries in the UN Security Council countries that own nuclear weapons? I don't know why Nigeria cannot own nuclear bomb sef. Just that we cannot even provide common 24/7 electricity yet.... . If Nigeria develop nuclear, they will probably mismanage it with corruption and Kill us all with it.

wink2015:
WHAT HAPPEN TO NIGERIA'S LOCAL CONTENT LAW ?

With all the numerous universities in Nigeria we still go out of our way to find solace in Indians.

Not even a European or an American?

Local content law? Are you kidding me? Businesses have found a way around this since the 80s. All they need to do is employ one Nigerian figure head who they give shares in the company and that is all. They don't even need to employ Nigerians. The treatment of Nigerian workers by foreigners is an extension of colonialism and it would not change soon except the govt has sense. When I was working at an Italian company in Lagos, do you believe that these italians did not use the same rest rooms with us and also ate in a different canteen. In fact they were on all on a different floor. All in the 21st century. Shameful. I knew I'd never work there for long. And trust me they had a Nigerian figure head shareholder that comes to collect money 1 in a month.

This Erica sef. She remind of one babe like that. She will never say No and never say Yes. Just be playing with your mind. She obviously enjoy the attention and she is used to it. Laycon is just attention to her but Kidd is attraction and girls like this like players that they will need to struggle to keep at home. Laycon should stop being a Simp and grow up. Face 85 m wey carry go BBN. Enuff girls wey fine pass Erica dey outside.

Tell them juicy job interview from Chevron or Shell is calling. They will let u go.But remember Corona is outside. However, If Mohammed cannot go to the forest, the forest must go to mohammed. Cunny man die, Cunny man bury am. All of you forming Saint. Yinmu. Na lie. We all did it. Hahahaha. Better go see your boyfriend abeg. If they ask for proof of interview, u can always employ one of those teenage graphic designers in your area. Just make sure u tell somoene trusted among ur family or friends where ure indeed going.

I know an American. A model christian American family that every family could aspire to be like. They have two children who are both married now. The wife never worked a day job for long. While the husband did. She homeschooled are kids. Their kids are doing VERY well. Model kids. Each family has to find what works for them.It's not a crime to be housewife but the husband may have to double his hustle and once there is love and understanding,it can be successful.

They should ban it from Arewa region. Shebi they already have sharia there. They should just take it a step further and ban all banables. But in Arewa Republic.

Even Abacha did more than that. Where is he today? PMB your days are numbered in that seat. mess NBC and mess Gandollars. Come and carry me in U.S. Free press. Free speech.

SmartPolician:
You are just being emotional and melodramatic

I have followed the debate online

The Ghanaians always insist that they have existing laws that forbid foreign-owned small-scale business in their country.

Their argument is that they are just few in the country. So, if they allow foreigners to come in their numbers, they will dominate the space and drive their people out of business.

Why question is, Why do Nigerians still go there to start small-scale businesses when they know that they have such laws in place?

Perhaps Nigerians are just being our lawless selves, believing that with some tips everything is possible.

Bro, you can't be in Ecowas and have such a law. Ecowas is like EU, there are laws governing member countries in terms of economics, movement and trade.

Unless our govt is sick in the head, they need to reciprocate in kind. AFTERALL, we have some Ghanaians and Ghanian business here TOO. And some also may not be meeting requirements. If they don't want competition from Nigerians be it Yoruba or Igbos in their country then there shouldn't be ECOWAS. Fuc. k ECOWAS. Nigeria should just threaten to withdraw then you will see Ghanian president wailing to have us back. They benefit more from it than even us. But we have a weak leader.

duality:
How will they capture the DNA such that even if you are in a car, You can be identified.

They should be clear jare. What are they actually saying

Brother, na that statement make me weak ooo. Except them get technology wey we no know about. What I think he should have said is that even if youre in your car with cameras we can ide ntify everyone through facial recognition. Hope the system will Sha not go down in country that can't provide nepa.

Skepticus:
Jokes aside. Men can aspire to these too, but watch how women would shame you while most men wouldn't understand where you are coming from.

Bro. I'm married. That was just a joke at the futility of her effort. You can't have it all. No one is perfect

Me I want a woman with Gabrielle union look and Oprah Winfrey money.

Both Jesus and Mohammed. We read of them in a book brought by missionaries and jihadists. And if we want to believe whatever the book says, that is each persons copy of tea and individual spirituality. But to be killing Africans because of something written in a Jewish and Arabic book is just plain stupid.

Fake news will end this world.

She taking clues from the yahoo, yahoo mentor Diezani a. k. a Hushmummy. Unfortunately I no get sympathy for Scammers and 419. However, here comes and opportunity for EFCC. They can use her platform to discourage other youths from turning to yahoo and benefits boys/girls.They need to sign agreement with her to reduce her sentence to 6 months to a year while she is compulsory using her skits and online presence for discouraging yahoo yahoo for a set period of time i. e community service. She is still to young for a long drawn sentence that will benefit nobody. As for Hushmummy.That one should rot in jail. She is old enough to know better.

Hahaha. Smart girl. That girl na confirm hustler. She has seen the trend already. And she is acting fast too! If you dont couple up in this edition of big brother, you get evicted. After all singles are evicted, then it seems the viewers will decide which couples to evict until the last man stand. 85 million no bi joke. It really is just a game.

I'm sure the discussion she must have had with him are "guy, we need to couple up oooo, make eviction hammer no hit us soon, 85 m no be joke ooo and me I no come here come play"

[quote author= post=92634102]

If you think you are Stupid, no you are not all that stupid,

Just think of youths like you,
who stay awake to Watch BB9ja house mates sleeping and snoring with saliva running down on their pillows for over 6 hours........EVERY NIGHT!!!.

Watching TV to see who is gonna refuse someone else's smelly kisses or who's gonna dance kerewa!

Now, that is what STUPIDITY is.[/quote]Bro. It's just entertainment. People get entertainment from all kinds of things. People that watch football every night, how have they added anything of value. What about wrestling. My guy, you have no point. The time that you use to watch 1 hr 30 mins soccer match epl or champions league, or to watch a movie etc, some people esp ladies prefer to use it an watch reality show a.k.a BBN.

Privatization doesn't include giving a monopoly to one company. This is why anti trust laws exist in EU because it breathes competition. How about calling up different stakeholders to make bids for the refineries in an open bid process and not offloading everything to Dangote. Granted, he is a major investor in Nigeria and it is essential that critical infrastructure like refineries are citizen owned but he is not the only one.

Jobless governor. Almost everyone is unemployed in Lagos cos of pandemic. Schools are closed. And somehow this is priority?

bayelsaowei:
atiku proposed it and they said he was gonna sell it to his cronies.. and what if that is the case? At least it would have reduced the opex of our mumu FG...mumu country

They should fix them and sell at the real value. Not destroy them and give to Dangote for free. Afterall they were built with taxpayers money.

Oil Refinery making losses. Hahaha. Only in Naija. Yet they will still ship crude to refine off the coast. You see that the head of our leaders are not correct. Nigeria is a hopeless case. Soon they will call the privatization people i. e Dangote et al. and sell them to him at almost no cost like jankara market. Smash and grab tactics. Just like the Italian mafia.