omonnakoda:
You don't have anything to say...........

erico2k2:

U recon ok let me.ask U.how much does the 3rd party remittance agent charge to send $1000 to ur Nigerian bank and what's the landing rate??

omonnakoda:
What is the difference between a quark and a meson? I am not here to make friends, I have enough. I do not want to know you or your biography. Not interested!

erico2k2:

See what I meant wen I said my question won't make sense to U??yet U said I have nothing to say.if yoy could answer that question U would have sol ed the arguments going on here and know the details behind remittance of monies how it is done and how much they charge.I dnt need to make friends here I have more matured friends in the Auto and property sections.there seem to be loads of kids here still earning N100 a mo th thinking they are the G in their hood.

omonnakoda:
So why are you asking me stupid questions. What does my personal business have to do with you? Why are you interested in my financial activities ? You are too forward. Stick to the subject matter and do not personalize what does not need to be personalized. Wher does your warrant to personalize the discussion come from. This discussion (thread) does not require personal information and certainly none of my comments justifies such familiarity or personalization so wher do you get off asking me that nonsense?

erico2k2:

Erme how is it personal.all the amount I quoted where guessed I don't expect you to tell me how much you send if you ever did.however I used 1k as a benchmark.
Most people on here actually think we send hard currency home NO we dont we send naira. The Hard currency dies at the hands of your agent abroad end of.so the arguments that Nigerian FG gains from money people abroad send to their family is rubish.

Donbrig:
This is very encouraging to our nation. But I think the govt should do more to encourage Nigerians abroad to come home and create businesses and jobs for Nigerians, to have more effective impact on our economy. Buhari should hurry up the processes to sack Emefiele, his policies are damaging our economy, and it might take more time and task for his successor to clean up his mess if Emefiele is not sacked with immediate effect.

omonnakoda:


Whether I live in Idanre Hills or Kathmandu,Whether I have any money to send anywhere has no bearing to the subject matter I prefer to be opaque and anonymous TOTALLY.

The Nigerian Economy gains

I don't know where any one said Nigerian government gains. How does a government gain? That is a bizarre concept.

The fact is that any inflow of FOREX eases pressure on the exchange rate by boosting supply and preserving Foreign reserves

mikolo80:
just imagine if that money was gadad togeda(3 trillion) to build industrial parks.... so sad it's only to pay bills and buy phone and other frivolities. o well...

omonnakoda:


The Nigerian Economy gains

I don't know where any one said Nigerian government gains. How does a government gain? That is a bizarre concept.

The fact is that any inflow of FOREX eases pressure on the exchange rate by boosting supply and preserving Foreign reserves

fittty:

chekasforchekas:



http://www.premiumtimesng.com/news/top-news/195633-remittance-nigerians-in-diaspora-sent-home-21-billion-in-2015.html

ugbah007:
How about the money yahoo boys collected,if it was included,then I think it way pass that amount.

erico2k2:

Nah I think some people are already doing that. If these guys do not have docs to travel then they are stuck but if they do.they can over see their projects.

mikolo80:
i'm talking about cooperatives and shareholders not individuals

ednut1:
no time, at least 40% of that amount was embezzled/misappropriated by their relatives . some send money make dem help dem build house when dey come back dem no go even see land

londoner:


Exactly. Those in the diaspora need to organise ourselves so that remitted money actually goes into something concrete. We need to direct how that hard earned money is spent at home.

erico2k2:

My guy I like facing reality. Most people who fall victims to these relatives are this without Docs.these days it's easier to wire money straight to your Bank in Nigeria than to boil egg.won't it be nice to send your money to your own account and do your thing when you have the two weeks holiday??

erico2k2:

My guy I like facing reality. Most people who fall victims to these relatives are this without Docs.these days it's easier to wire money straight to your Bank in Nigeria than to boil egg.won't it be nice to send your money to your own account and do your thing when you have the two weeks holiday??

Toeyoursea:


90% of monies brought home by Nigerians in diaspora are sent in physical cash (parallel market exchange )

erico2k2:

Like??