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Nairaland Forum / Nairaland / General / Politics / COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports (23567 Views)
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COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by 2mercy: 8:00am On Apr 08, 2020 |
ABUJA—The Federal Government’s quest to contain the coronavirus pandemic through a 14 – day lockdown of Lagos, Ogun State and Abuja appears to be taking its toll on the nation’s revenue as banks’ closure continue to hamper ports operations. https://www.vanguardngr.com/2020/04/covid-19-fg-loses-n20bn-in-7-days-as-banks-stop-operations-in-ports/
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Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by ogbuefi677(m): 8:04am On Apr 08, 2020 |
But banks were excluded from the lockdown order or am I missing something? 17 Likes 2 Shares |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Citytrend: 8:08am On Apr 08, 2020 |
Goodness me! You can imagine the amount these guys were raking in, in just 7days from the port alone. Yet we are very poor to rollout palliative for the close down. Thank God for the coming of the Coronavirus. Expect more revelation in coming days. Abeg joo, I will Design a Professional Logo for your Company or Product For 1k Only. Offer valid Today Only. See my info below to Chat me 43 Likes 1 Share |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Tetrahedron(m): 8:10am On Apr 08, 2020 |
So they cant use online means abi? Its because we have thieves in govt, why can’t payment n verification be done electronically? Other serious countries do? Take for instance, FAAN, they made sure they sabotaged the e-flight plan mechanism so that airlines will continue to file Flightplan manually to date. Where in the world is this done? You cant believe that NCAA still uses hunt-n-peck typewriters to print pilot’s license in Nigeria till date! Really sad when you have abokis in places they shouldn’t be 77 Likes 3 Shares |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Yenefer(f): 8:14am On Apr 08, 2020 |
Normal Nigerians were in a position to engage in capitalism and thus learn that they only needed federal government to get out of their way. The worst economy in our lifetimes, the highest unemployment rate ever, and 7M unfilled stomach infrastructures. The elite couldn't have THAT! Remember when we did this for Ebola? No, you don't. We're coming back you bastards. Banks hold money and make money by loaning mostly other people's money. Who has the money to put into banks at a significant rate and amount, insurance companies. Companies who gather money from everyone for something that may happen or won't happen and pay out as little as possible when it happens and insurance payments aren't kept in a shoebox under some executive's bed, it goes to the bank where it gains interest as loans. Without insurance companies probably most large banks wouldn't be large banks. Well maybe printing up money out of thin air will cause the collapse and hyper inflation We’re either about to see the one of the seven heads of the beast killed or we’re about to see the third horseman of the apocalypse come to light 4 Likes 1 Share |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Nobody: 8:47am On Apr 08, 2020 |
Thieves in government, even corporate trying to imitate... That 20 billion naira is going to people's pocket. 8 Likes 1 Share |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by ddippset(m): 11:32am On Apr 08, 2020 |
1 Like |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by CodeTemplar: 11:32am On Apr 08, 2020 |
hmmm... with the way economy and money value works, any productivity/GDP lost reflects directly on the exchange rate compared to other currency depreciation and recovery. |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by CapitalHYC(m): 11:33am On Apr 08, 2020 |
Hmm ... When this Buhari regime is done with Nigerians Ehn... Even those who voted him into power will curse him and his unborn generations 19 Likes 2 Shares |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Ask4bigneyo(m): 11:33am On Apr 08, 2020 |
Na wah o |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by GoshenNLA(m): 11:33am On Apr 08, 2020 |
I book space |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Nobody: 11:33am On Apr 08, 2020 |
MA we ooo |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Eluni(m): 11:33am On Apr 08, 2020 |
Nigéria with there deception antics 2 Likes |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Dukeolumidemans(m): 11:34am On Apr 08, 2020 |
Sad... unfortunately this is another reason/season of looting and lying to to the people. Nigerian government/politicians always look for an opportunity to steal money and play the blame game. Unfortunately Nigerians have not woken up to their responsibilities. They don't even know their right in the first place or rather, they prefer to hide back at home behind their keyboards to protest about their poor condition of living. ***Nothing will change until u decide and implement a change*** ***Nothing is working in Nigeria*** ***We need to change everything*** ***If we don't make that change, it will get worse*** ***No change, No future 4 Nigeria*** 1 Like 1 Share |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by mikywonder(m): 11:34am On Apr 08, 2020 |
Do they know how much I am losing 2 Likes |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Kingrefreshed: 11:34am On Apr 08, 2020 |
2mercy: Make una wait make I be the FTC for the first time Kwanu! Tufiakwa!
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Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by VIRGINlabia(m): 11:34am On Apr 08, 2020 |
Really..........and Corona still dey around |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by nijabazaar: 11:35am On Apr 08, 2020 |
Mtcheww |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Clothingonline9(m): 11:35am On Apr 08, 2020 |
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Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Franzinni: 11:35am On Apr 08, 2020 |
This government is a JOKE! That is what you get when you elect vision less retards whose only qualification is a PhD in Lootology! Money simply vanishes with precision and ease! 3 Likes 2 Shares |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by streetpaddy(m): 11:35am On Apr 08, 2020 |
Ok |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by knowyaself2(m): 11:36am On Apr 08, 2020 |
This is just a tip of an ice bag, the earlier they stop this quarantine nonesense the better for us as a country. 1 Like |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Nobody: 11:36am On Apr 08, 2020 |
ogbuefi677:Yes, you are...no importer can send money abroad as we speak. All the outward forex windows, both Form M and Form Q have been shut down by the CBN. Medical equipment dealers can't rescue covid-19 patients with ventilators because there's no means of wiring funds abroad to various manufactures. Our govt are jokers. 2 Likes |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by forghon: 11:36am On Apr 08, 2020 |
Someone stole the money already want to use covid to divert attention. Am apc but this is a No |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by coolfredo(m): 11:36am On Apr 08, 2020 |
Ok |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by cRobo: 11:37am On Apr 08, 2020 |
where is all the money that have been gain since all these years did they announce it? NO Just one week and they are announcing loses |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Philinho(m): 11:37am On Apr 08, 2020 |
When the money was running everyday, we see no impact |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Mykel51(m): 11:37am On Apr 08, 2020 |
Tetrahedron: As long as we joined to the Northerners, Nigeria can't have any meaningful progress. They are holding the rest of the country back in a lot of ways ! If all these payments are done electronically, they won't have the opportunity to embezzle, so they would definitely object to growth or development in any way. Nigeria is a sad tale... The next government has a lot of work to do. A lot of changes has to be made ! 6 Likes 2 Shares |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by BruncleZuma: 11:38am On Apr 08, 2020 |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by Baonel(m): 11:38am On Apr 08, 2020 |
The once wey dem make since, wetin dem use the money do? 1 Like 1 Share |
Re: COVID-19: FG Loses N20 Billion In 7 Days As Banks Stop Operations In Ports by guru90: 11:38am On Apr 08, 2020 |
See thieves. ....... chai........ |
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