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First Lady, CBN, Blast PDP Over FOREX Deal Reports - Politics - Nairaland

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First Lady, CBN, Blast PDP Over FOREX Deal Reports by emamos: 8:08pm On Mar 27, 2016
Wife of Nigeria’s President, Aisha Buhari has denied report by the Peoples
Democratic Party that she is involved in illegal foreign exchange dealings
with the central Bank of Nigeria.
The PDP on its Twitter handle Saturday claimed that Aisha Buhari was a
beneficiary of dollar allocations from the CBN, alleging that she got the
dollars below the official exchange rate of N197. Aisha’s company was also
accused of collecting $22million at the rate of N185 and then selling it
off at N362 same day.
The first lady on her twitter handle on Sunday denied the allegations
threatening to take action against the PDP
“Be advised, any further attempt to malign the person of the Wife of the
President will be dealt with according to the law. This is grounds for a
lawsuit on defamation of character.”
“Making false and unfounded allegations without proof just to incite
Nigerians on social media is wrong.”
Meanwhile, the Central Bank of Nigeria (CBN) has said it does not sell
foreign exchange to individuals or groups, clarifying that it sells forex
in wholesale to banks who in turn resell to their customers at their
discretion.
According to the CBN’s official twitter post, @cenbank never sold dollars
at N185 – $1. Devaluations were from N155 to N167 and N197.
Below are some of the CBN tweet
2). CBN only does wholesale allocation to banks (Selling dollars to banks
at wholesale). Only banks can determine customers they sell to.
3. That’s how the Wholesale Dutch Auction System works. @cenbank does not
sell dollars to any individual or group directly.
4. Banks publish final recipients of dollars every week in all major
newspapers as directed by the #CBN, so as to promote transparency.
5. So the PDP is only being mischievous and silly. What’s the big revelation?
6. How did PDP know how much the recipients sold the dollars in the open
market even if they ended up doing so?
7. Simply another smear campaign by Gov. Emefiele’s detractors to connect
his name to everything wrong, both imagined, fabricated, or real
8. As Gov. Oshiomole aptly and succinctly posited recently, these faceless
persons will be unmasked soon as “palm wine drinkers!”
http://pointblanknews.com/pbn/exclusive/first-lady-cbn-blast-pdp-forex-deal-reports/
lalasticlala

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Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by emamos: 8:09pm On Mar 27, 2016
It is well
Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by drss(m): 8:12pm On Mar 27, 2016
guilty concience dey worry dem.

1 Like

Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by Flets: 8:13pm On Mar 27, 2016
It's funny that APC that thrives on propaganda cant stand an inch of it.

But truth is there is some truth in PDP's statements. If there is any group benefiting from the forex situation, it has to be Buhari and his team.

If CBN can criminally employ over 90+ kids and relatives of APC members....... then selling them forex is a no-brainer.

3 Likes

Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by Nobody: 8:13pm On Mar 27, 2016
Good for them. There isn't smoke without fire. In as much as I'm not a PDP fan. I still believe something is definitely wrong somewhere.

1 Like

Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by Nobody: 8:14pm On Mar 27, 2016
Good for them

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Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by datola: 8:14pm On Mar 27, 2016
[quote author=emamos post=44165364][/quote]

Good response but numbers 5 to 8 are unprofessional and unbecoming of CBN.


5. So the PDP is only being mischievous and silly. What’s the big revelation?
6. How did PDP know how much the recipients sold the dollars in the open
market even if they ended up doing so?
7. Simply another smear campaign by Gov. Emefiele’s detractors to connect
his name to everything wrong, both imagined, fabricated, or real
8. As Gov. Oshiomole aptly and succinctly posited recently, these faceless
persons will be unmasked soon as “palm wine drinkers!”

1 Like

Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by drss(m): 8:17pm On Mar 27, 2016
while cbn sell dollars at N165 for pilgrims. cbn sell zero dollars to skool students abroad. an indication dat buari dullard value pilgrimage more dan education.

2 Likes

Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by Pidggin(f): 8:19pm On Mar 27, 2016
But where do they get forex for their foreign trips, medical bills and kids school fees?
Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by drss(m): 8:20pm On Mar 27, 2016
Flets:
It's funny that APC that thrives on propaganda cant stand am inch of it.

But truth is there is some truth in PDP's statements. If there is any group benefiting from the forex situation, it has to be Buhari and his team.

If CBN can criminally employ over 90+ kids and relatives of APC members....... the selling them forex is a no-brainer.
talk about intolerance. d same group of pipul dat lied about GEJ ministers indiscrinately especially NOI n deziani ar breathing charcoal because of round tripping allegations against their holy saints.
Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by SUPERPACK: 8:21pm On Mar 27, 2016
The wailing neighbours are getting noisier
Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by SleekAboki: 8:31pm On Mar 27, 2016
Thief! ole!! barawo!!! onyeoshi!!! They all deserve to be stoned to death!
Re: First Lady, CBN, Blast PDP Over FOREX Deal Reports by Nobody: 8:52pm On Mar 27, 2016
PDP are bunch of frustrated fellows. They better sit up cause 2023 is a very long time.

God bless APC/PMB

God bless Nigeria.

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