4words's Posts
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Though 50 acres is small, it's till a good initiative and a laudable one. If all 774 local government can invest like this in agric and get people involved with the use of machines for cultivation, our food challenges would be reduced in the next one and half years. Instead of us all focusing on federal government, let's start holding state and local government responsible. |
VULCAN:You are hilarious with you response or thought process. Many country's don't allow use of foreign currencies in within their territory. You can't buy anything with foreign currency in a place like South Africa you will be asked to go change it the designated bank and not black market. Also, nigeria is not like every other country because if we are, we would respond positively to many economics theory that worked in other countries but failed/failing In Nigeria. It's only Nigeria that her citizen bet against her own currency and pray for it failures. Check the stat. Nigerians Highest number of crypto holder, betting against the naira and weakening it. Country with youth who don't want to do the hard job but flex and show off. Keep blaming the government as if government is not the representationof the people, if you are given the power, you will do nothing different. My brother, just say the policy will affect you because possibly you buy and sell dollar. I don't understand why not been able to spend dollar within nigeria would be a problem for you when you can always buy and spend it online to do international business that it's is originally meant for. |
This as always been my take. I am proposing the following solutions to mitigate or solve the free fall of naira against foreign currency. After careful consideration, here is what i propose: 1. The Federal Government (FG) should place a ban and make illegal the presence or utilization of physical dollars(foreign currency) in Nigeria. Any international remittance received should be promptly converted to the local currency (Naira) upon receipt by the recipient or deposited into their domiciliary account. 2. Upon entry into Nigeria, all foreign currencies must be converted to Naira or deposited into the owner's domiciliary account. It would be deemed illegal to enter Nigeria with any other currency aside the naira. 3. All transactions involving the purchase of foreign exchange for international transactions should be conducted electronically. This electronic system would enable efficient tracking and monitoring of foreign exchange transactions. 4. Individuals with physical dollar(foreign currency) will be given a specified timeframe to convert them to Naira or deposit them into their domiciliary account. Owning physical dollars will be illegal after the stipulated period. 5. Funds held in domiciliary accounts cannot be transferred to another domiciliary account but can be used for international transactions or converted to Naira. The sources of foreign exchange will be documented electronically through banks or fintech platforms, ensuring transparency and accountability in the process. This, i believe will greatly stabilizer the fall of naira and every regain its strength. |
It has done on him that this is a lost battle. So if you can't beat "him", it's better to join him. Is it today he knows that he is part owner of dangote and he kept importing to frustrate the business that he is a part owner?. He claimed dangote petrol is too expensive, if I were him I will display both dangote's petrol and the cheap petrol In all of NNPC filling station then allow Nigerians choose the one they prefer. But no, they started behaving like little winch. |
For the past 10years, has any major politician been convicted and sentenced? Aside Yahoo Boys Efcc need to do better and not be seen as a political errand boys. You are crying about Halliburton, the big profile cases you have, like Daziani, how many have you convicted and retrieve stolen funds. Also I will suggest a special court is set up for corrupt cases with some cases carrying deah penalty else people won't stop stealling. |
Abagworo:As you are agitating for Fubara that's how so rivers people are agitating for Martin Amaehule and his Co legislator. Don't forget, the executive is not greater that the lagislative so Fubara can not lord over rivers state House of assembly. He can not be the judge and executioner in his own case. |
ddippset:I agree with you. however, if he files an appeal and there is no stay of execution then he has to obey the last judgement either convenient or not. |
How come no one is asking Fubara to obey court judgement for the betterment of his state. Why are we shouting on the executive and telling executive to interfere with judiciary? Only us will complain that the executive is interfering with the judiciary, still only us want the executive to interfere with judiciary What exactly do we want. What Clark should be talking about is telling the judiciary to hasten up with their final judgement and also let the legislative do their job. We can not alway be shouting executive when we are ment to have 3 independent arm of government My question is, do you want federal government to obey the court order or not? Or should the executive select which order to obey or not. Please pick one and stay on it. Think. |
Curious345:I will agree that most of the tanks are made in China but if you read my post, I said "Cheap China tanks". I used the word "cheap" on purpose because I know my people, instead of importing the right specification which might be more expensive, they would go for the cheap one. I hope you understand now |
For those saying they won't convert to CNG because of the explosion of the tank. Well I believe this is said out of ignorance If your tank is original with right thickness and specifications you won't have any explosion. If you like, go and allow your technician buy cheap China tank and think it won't explode. Buy the original specified tank, and you are good to go. |
There is this beetle 1971 car I will like to import, the car engine is burnt. So I will like to know if I can import as a salvaged car because I intend to use the car frame and all for project. Below is the picture of the car
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gidigbam1:Thank you for this. The others are just ranting without substance. When the supreme Court gives her judgement, then they will know its not by crying online. |
How can I redo my faded plate number |
MichaelSokoto:Should we make church the government of the country and when they embezzle money, we should wait for God to arrest them and not say anything. Hope you see how flawed your logic is. |
I have been typing and deleting, now i am tired, don't know what to type anymore, just short of words. This government has been a disappointment. |
I will encourage Joathan to run. For the opposition, is has the credentials to wrestle power from the ruling party and has only one term to go making him the perfect candidate for pdp |
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It's a good initiative. I would have complained that its not widely distributed but I hardly use my gen these days there has been constant electricity. However, they should push it out even more, I will like to convert my car. |
SmallmebigGod:One there can't be market fair play as the industry is highly regulated by both the national and international government. However, I agree that all should get the available crude. Our concern here s that the IOC are not selling to locals. Also, you can't be crying of monopoly when no one else is taking on the challenge of building and when someone builds, you shout monopoly. I will rather have a local monopoly than importing. Just imagine we have at least one individual in different industries Nigeria, just imagine what it will do to our currency and how lucrative Nigeria will be. At least let's have companies first before we start talking of demystifying monopoly. Cheers |
SmallmebigGod:Are you suggesting we should wait for all other refinery to work before we start producing or supporting local refinery that is ready to operate? How long do we need to wait for other refinery to work? Don't forget we have being waiting forever for Nigerian refineries to work but to no end and you want us to keep waiting. Haba now, thats not fair on us. I don't know why dangote is even bothered. If I was him, I will import my crude from other African countries and also sell to them and other African countries. At the end, its Nigerians that will come begging. Mtn is local even though the investors are partly south Africans and others, but its still local. So long it pays taxes to your government and employ your people then its local... don't also forget, taxes are meant to be use to create viable environment and infrastructure for the said business that is paying it to strive, so yea MTN is local with diverse investors. |
SmallmebigGod:It's local content because the company is located In Nigeria and pay tax on some things to Nigeria, employ locals to work in the company who also in turn pay tax and it cascade down to their families. He will make the petroleum products available meaning scarcity will be reduced or eliminated. Now he will sell at internatuonal price because he buys the crude at international price, if you want him to sell cheap, sell crude to him cheap. what we are saying is sell to him first. |
SmallmebigGod:See them, these are the country saboteurs. Have you asked western countries like USA why they won't allow some China products into their country or why China had to ban iphone for Huawei Or you don't know what they call local content first? Ignorant lots. |
SocialJustice:This is what I have been saying. Let him go and raise fund, buy oil well and drill his own crude. All these IOC nonsense and government playing politics will stop. Because I don't understand how IOC will not fulfill local obligations and be exporting the country crude. Makes no sense. So IOC is now more powerfully than our government and can do whatever they like in our country. SMH. The country is sold. |
Kunlegzy85:OntheMoon Legendguy 2FlowZ Slickbishop Kunlegzy85 Please you can send me an email on Kells.kola86 @ gmail. com Kindly state your name location and mobile number when sending your message. Thanks. |
If you are interested,,you can come work as a sales person in ikeja, you will be selling drinks. There is accommodation and the pay is good. At least about a 100k monthly |
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wealthyprince:Once the local government becomes independent, the election will overtime become strengthened. Federal government conduct elections for states, does that mean federal government always influences it? Same thing will eventually happen with LG. We are not there yet but with time, it will get better. |
This means Fubara and his cornies in rivers state will not get next month LG allocation else local government election into the LG positions are conducted. Same will go for many other states. This is a great judgement. Let the LG function let's know the names and individuals running our LG, let's hold them accountable. |
Help! Help!! Help!!! |
noobody:How do I go about this. I really need a solution because this is quite frustrating. |
My 5000watts stablizer stopped giving output so i gave it to a technician after he repaired it, i discovered that the volt is no longer stable, output fluctuates as input volt fluctuates. If the volt drops to as low as 140volt the stabilizer output also drop to like 160volt which cant power my appliances. Please what can i do to solve this problem. |
ayotade09:Ok sir, I will |