Richtaiwo:
Some private schools and organisations demand for school and service fees in Dollars, what nonsense? That is a total disregard for the country where they earn their livings. Heavy sanction should be imposed on those institutions.

greenermodels:
Dollarization of the economy is a sign that business owners have lost faith in the naira as a store of wealth, therefore, it's a symptom of a more serious disease rather than the cause, until the clueless APC leaders treats the underlying problems they caused from the day Tinubu took over and declared that subsidy is gone without a plan on how to mitigate it's effects, the naira would continue to loose value while more businesses would continue to demand for payments in USA dollars in order to safeguard the value of their money.

Ozommadu:
Our patch patch CV cbn gofano on the beat

Tilumbu will assemble technocrats ana afio😂

greenermodels:
CBN is just plain clueless about how to tackle the decline in the value of naira. Those paid APC online agents quoting me up and down should rest, Nigerians aren't fools, it's clear that the government have run out of ideas on how best to solve the problems that they created.

Feldie:
money is based on faith. If everyone lose faith in money it becomes worthless. You can't be in Nigeria and be telling govt you lost faith in Naira. If everyone loses faith in the Naira what will happen to the country, trade by barter?

ozo13:
we can now say a country against itself.why should entities in Nigeria be demanding for dollars transaction within the country and you have Nigerian citizens there not saying anything.When this naira free fall choke everyone, we will do the right thing by force.

starstaz:
For simple illustration , how did you transact with the super eagles for the last 40 years, no be to dey pay them btw $5000 to 10,000 per matches. Have u ever pay them in Naira. Second Based story. Yinmu^100000000

Feldie:
money is based on faith. If everyone lose faith in money it becomes worthless. You can't be in Nigeria and be telling govt you lost faith in Naira. If everyone loses faith in the Naira what will happen to the country, trade by barter?

papyjaypaul:


I am not an admirer of this govt but theres a point there. We do not own the dollar and it's foolish for us to be crazy about a currency we do not control. I blame all of us, so it's not about politicians. Why is the exchange rate a news item everyday? Even if you have an angel as President if Nigerians have the attitude that dollar is their savior, they will not succeed with naira. If a foreigner comes to Nigeria and we accept dollar from him, are we not fooling ourselves? We even have schools and companies charging in dollars inside Nigeria. Nigerians are their own problems. Yes, Tinubu and his Bank man have work to do but they are not the only ones to be blamed. we all have a role in it. How do we think we can be living inside Nigeria and be hedging against our own currency and expect any policy to work? If no one is demanding and using the naira it can't work. Why is the naira you have in your account not something you can transfer to that school abroad? Why must you convert it to dollars first? Why the stress? That's part of the govt job to do but in the meantime, tell me your experience when you travel and show them the dollar or pay with the dollar. If it's not Zimbabwe who cannot control their economy, they will tell you to pay them in local currency. Nigerians just like to show off foolishly holding the dollars. The Americans do not carry their currency the way we do. Oya carry dollar go UK make I check something.

ivolt:

No trade by barter.
Dollar, Euro and Pounds will partially take over just like in Zimbabwe and Lebanon.
Next time, I hope Nigerians have learnt to not elect illiterates like Buhari into power again.
In our miracle-seeking quest, we destroyed the economy.

Bobloco:


Illiterates like Tinubu

Buhari have proven to be more educated and knowledgeable than Tinubu

ivolt:

If you think Buhari is educated, then you must be less educated than Buhari
to see him in such light.

CharleyBright:
American University of Nigeria, Wigwe University of Nigeria and all other business and Stores that are transacting businesses in dollars should be made to stop immediately.
They are part of the problem why the Naira is sliding against the dollars..
These businesses should be closed down outrightly if the fail to comply.
No more time for rubbish again.

Paraman:
It's not a new law by the CBN, it has been in place since 2007. I wander why the CBN and the police have not gone after the organizations breaking the law

Treadway:
why have they not gone after Ganduje that has been transacting in dollars since even before 2015? Oh I forgot, he is the APC National chairman.

greenermodels:
no business man thrives on baseless faith, it's either they get the dollars or they close shops to preserve their capital, believe me, the second option is worse than dollarization.

CharleyBright:
American University of Nigeria, Wigwe University of Nigeria and all other business and Stores that are transacting businesses in dollars should be made to stop immediately.
They are part of the problem why the Naira is sliding against the dollars..
These businesses should be closed down outrightly if the fail to comply.
No more time for rubbish again.

Richtaiwo:

So how does Dangote come in? Is he demanding for dollars for any of his products? Or because you hate him, the govt should stop him from buying item abroad which of course must be paid in dollars? Hate him with passion, he doesn't even know you exist let alone your feeling.

TheBillyonaire:
Until Mr. Federal Ibn Government also ban denominating the price of Crude oil for in naira, as well as the gas price in Naira, then Nigeria will not really be a free economy.

If Oil mining and gas mining companies do not accept Nigeria's oil and gas in Naira, why should we?

Mr. Federal Ibn Government should grow some balls. Nigeria has no business with dollars, when we import mostly from Chinko. Why not tell foreign partners that our crude is in naira or nothing?

Murrafucckers running around a cycle.