anonimi:


Quite straightforward actually.
We all should get involved in various ways with the different aspects of the political process to shape the agenda and put pressure on all the players. Get involved with our time, talents and money to make an impact that reflects our own desires.
Is that not generally what oyinbos do to make their places a desirable destination for us to japa to

Focusmind:
So sad, to even get PTA now is a problem

There is no FX any where. Foreign investors are offloading their portfolios at a record level to avoid further looses in their portfolio investment.

Very soon, most banks wont have FX to finance import and issue letters of credit. If you have any means of earning foreign currency or doing any job that would guarantee you payment in FX, you are lucky.

einsteine:


Anyone who has been following news or who knows the bare minimum about the economy knows.

Simply put, the airlines sell tickets in naira (converted from dollars at official rate) but the repatriation of revenue is done in US dollars (after government takes out taxes). Currently, the Nigerian government has not provided the dollars to Emirates and it has accumulated to 85 million dollars

Joshmoore:
Okay! The third airline to seize operations in Nigeria. Very soon we would have no choice than to use "by Roads" and get in mercy of kidnappers. We would also have to start international travels by sea and get in mercy of pirates ☠ � APC has created so much vacuum that would be so tough for the next President to fill up, what a shame !

Thanos5555:


how would the Real yahoo boys allow you to take funds away from their country, the printing ink has finished from Emefiele's CBN minting machine, all the Gold reserves has been wiped clean, Oil reserve has been wiped from $3 billion dollars to $30,000 dollars secretly.

now there's nothing else in reserve to wipe secretly, and you did not even thank God they didn't Seize your Aeroplanes and jet fuel too.

if una get sense better stop doing business with 7th world country

Joshmoore:
Okay! The third airline to seize operations in Nigeria. Very soon we would have no choice than to use "by Roads" and get in mercy of kidnappers. We would also have to start international travels by sea and get in mercy of pirates ☠ � APC has created so much vacuum that would be so tough for the next President to fill up, what a shame !

Angelfrost:


I asked that question in 2020....

Well, it's already 2 years, and APC has surpassed all shocking expectations with little chance of slowing down the pace into the abyss!

Just imagine if the idiot wasn't forcefully removed by Babangida back in the day...!

Now, people are asking me to forgive and forget the past and vote APC again! How dumb do they think we are?!!

Thanos5555:


how would the Real yahoo boys allow you to take funds away from their country, the printing ink has finished from Emefiele's CBN minting machine, all the Gold reserves has been wiped clean, Oil reserve has been wiped from $3 billion dollars to $30,000 dollars secretly.

now there's nothing else in reserve to wipe secretly, and you did not even thank God they didn't Seize your Aeroplanes and jet fuel too.

if una get sense better stop doing business with 7th world country

casualobserver:


You were traveling to Dubai by road before? Somebody told you Dubai is in Niger or Cameroon?

SIMONEKPA7:
Bad press and journalism.....No explanation of what led to the US$85 million been blocked. abi we be witch to know why

SeunDAssLicker:


They cannot repatriate their Fx at N430 rate, CBN on their part is paying heavily to importers at that rate, emirate do not import, they want their funds repatriated at the actual FX value of over N600, not the fake one being held by CBN to fund a few criminals like oil importers and burea d changes dominated by northerners.

Airlines are not being subsidized, so why should they take the haircut, when they also spend heavily on JetA1? Most of them applied for import licenses so they can pay for their own JetA1 thereby spending some of those cash on their operational cost, but FG refused.

aribisala0:
They should buy dollars where everyone else buys from. What is stopping them? Why must government provide them? Guinness, Nigerian Breweries , Nestle and others are still in business

einsteine:


It is an agreement with the CBN. If they had charged in Naira using black market rates then they would have had to repatriate the dollars using black market rates but they charged in naira using the CBN rates.

Joshmoore:
Okay! The third airline to seize operations in Nigeria. Very soon we would have no choice than to use "by Roads" and get in mercy of kidnappers. We would also have to start international travels by sea and get in mercy of pirates ☠ � APC has created so much vacuum that would be so tough for the next President to fill up, what a shame !

Neoteny:


Cease.

If you're gonna be a political asshole, at least do it right.

Thanos5555:


how would the Real yahoo boys allow you to take funds away from their country, the printing ink has finished from Emefiele's CBN minting machine, all the Gold reserves has been wiped clean, Oil reserve has been wiped from $3 billion dollars to $30,000 dollars secretly.

now there's nothing else in reserve to wipe secretly, and you did not even thank God they didn't Seize your Aeroplanes and jet fuel too.

if una get sense better stop doing business with 7th world country

franciskaine:
Nigeria from one problem to the other daily.

How do we encourage foreign investors when the one we have already are not feeling at home? In every indices we score zero, yet making it difficult for investors to thrive. Unless we sort our refining issues, there's no way we can have FX sustainability by spending over 70% of our FX on importation of fuel. We just dont have leaders. Shameful.

Basher8583:


So in your own school of economics repatriation of money out of the country is an investment.