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Ban Foreign Currency Transaction - Business - Nairaland

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Ban Foreign Currency Transaction by googi: 3:37pm On Apr 27, 2020
Buy, Eat, Drink, Wear and Drive Everything in Naira.

Eat Rice, Yam, Beans and Vegetables Morning, Noon and Night. Your daily Bread must be made from Corn or Cassava and ban imported wheat.

Otherwise, you will starve to death like in Venezuela and Naira will turn into Zimbabwe money cheaper than toilet paper.

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Re: Ban Foreign Currency Transaction by googi: 7:08pm On Apr 27, 2020
Who else will give his last savings to a Pastor, Foreign Investors or Money Launderers than Nigeria Central Bank?

Foreign Income is not coming in but you are giving hard currencies out to vangabons.

If that is not stupidity, what could it be?

If you have money in Nigeria, you are FREE to take it out, BUT and ONLY in NAIRA.

You cannot take money out of America, only in American dollars.

You cannot take money out of Europe, only in European Euro

Even in U.K, you can only take money out in British pounds. Otherwise banks have to change it from other currencies to pounds to create demand

Why are you allowed to go to CBN, Bureau du Change and Banks to buy foreign currencies to take out of Nigeria, dumping Naira instead of creating DEMAND for Naira to increase the value?

If no country takes your Naira, buy African finished products at our dictated price, not at your price to increase manufacturing and jobs in Nigeria. Not raw materials.

Africans Your Ecomonic MUMU DON DU!

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Re: Ban Foreign Currency Transaction by googi: 9:50pm On Apr 27, 2020
Where are all the Harvard, Wharton School of Economics, London School of Economics, Toronto, Montreal graduates that called us illiterates?

Look, until they turn every African country into Zimbabwe and Venezuela, they will never stop.

It started with Structural Adjustment and then continually followed by Devaluations. Their PhDs, IMF and World Bank Africans keep on getting Awards, Fellowships and Honoraria without delivering a single private company or country.

Come and defend your records before I call on THUNDER!

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