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Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog (14554 Views)

CBN Settles All FX Backlog As External Reserves Rise To $34.11 Billion / Nigeria Central Bank Clears 14 Banks' FX Backlog, Turns To Airlines / CBN Begins To Clear FOREX Backlog (2) (3) (4)

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Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by Alliswell248: 4:21pm On Mar 21
How far Kingsley Nwaokema, an obidafts be the chairman of foreign airline association.?

A sore loser for that matter.

1 Like 1 Share

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by sterlingD(m): 4:27pm On Mar 21
ZombieTAMER:


Tinubu means lie in French

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by senatordave1(m): 4:29pm On Mar 21
SoNature:
You cannot separate lies, propaganda and deceits from any APC government!

Where is the lie

1 Like 1 Share

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by Raylight2(m): 4:29pm On Mar 21
nlfpmod:


https://businessday.ng/news/article/foreign-airlines-dispute-cbns-claim-of-settled-fx-backlog/
how does the CBN owe these foreign airlines? I thought flight payments are made directly to them .are there other businesses they transact with CBN?

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Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by senatordave1(m): 4:31pm On Mar 21
mrvitalis:
This APC people market forces, economic index don't care about propaganda and lies

Facts are facts and would be open sooner or later

That little money they borrowed to keep naira low would soon finish

Instead giving the money to producers of import substitute or export oriented products to expand and grow the real sector they are here playing lips service


Sad
Naira would reach 2000 this year nothing can stop it

Son,naira will keep appreciating and obi will never smell power

2 Likes 1 Share

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by GVTAsiwaju(m): 4:36pm On Mar 21
DrTee1:
I hope this would be clarified soon.

It would be unfortunate if the Federal Government claims to have offset Forex Backlog that is discovered not to be reflective of reality.

Did you read the whole article?

1 Like 1 Share

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by Ubdavis(m): 4:51pm On Mar 21
He is not yet aware, he would soon come out and clear the air

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Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by jcflex(m): 4:57pm On Mar 21
LordAdam16:
Wait, so the foreign airlines sold tickets at rate of <460.
You trapped their funds for years.
And now you're asking them to repatriate at rate of 1400-1600.

Cardoso is unwell.

-Lord

Foreign Airlines do not sell tickets at the CBN exchange rate, they always sell at the black market rate of over #700 during the Buhari era.
Emirate want to 419 the country, You sell tickets to Nigerians at a black market rate, and it is time to repatriate your money, you want CBN to give you dollars at the official rate of #460, as against #750 which you charge Nigerians for ticket.
since they charge at a black market rate, they should return to that black market and get their dollar to repatriate.
they want to make FX gain at the expense of the masses and economy.

Now both the black market and officiate rates are above #1300, to get their money in dollars, they will lose x2, this is where greed leads them.

1 Like

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by mrvitalis(m): 5:04pm On Mar 21
senatordave1:


Son,naira will keep appreciating and obi will never smell power
I know u don't know jack about economics

Currency is not strengthened by emotions, prayer or propaganda

There is no basis for naira to appreciate it's obviously artificial
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by kunle4toyeyaho: 5:58pm On Mar 21
DrTee1:
I hope this would be clarified soon.

It would be unfortunate if the Federal Government claims to have offset Forex Backlog that is discovered not to be reflective of reality.
CBN claimed to have paid all the verifiable backlog of FX. 'verifiable'

1 Like

Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by press9jatv: 7:14pm On Mar 21
Cardoso is lieing here
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by prophetfire: 7:23pm On Mar 21
DevilsEqual:
cheesy

Some humanoids that didnt believe the positive news that CBN already cleared the backlog will come over here to rejoice over this rumour

If at 20+, all your mind tends to attract, all that interests your mind is negative happenings, if positive news are lies to u, then u need 365days of concentrated exorcism

You are gone
It's not about the sentiment you are expressing.
It's about the truth.
Why does the government revel in telling lies all the time?
Now the owner of the money said he hasn't been fully paid.
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by VULCAN(m): 7:41pm On Mar 21
So the essence of what you are saying is we should accept a lie as long as it paints the current govt in a positive light.

Just Look at the type of creatures that pollute our online space since 2013 all because of a coven called APC

DevilsEqual:
cheesy

Some humanoids that didnt believe the positive news that CBN already cleared the backlog will come over here to rejoice over this rumour

If at 20+, all your mind tends to attract, all that interests your mind is negative happenings, if positive news are lies to u, then u need 365days of concentrated exorcism

You are gone
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by cucumbar: 10:10pm On Mar 21
arcis:
Most of the comments above are just ridiculous..You peoples always believe an entity over government sources. You all are the biggest problem in Nigeria. All you want to hear is negative news abt Nigeria but not knowing you are the major problem.

To he'll with you all angry
shut up there, you zombie. People wey government say dem don settle, talk say government no settle them, you are here capping rubbish.
I mean, this thing is black or white. Why do you want to force people to believe government has settled them even when they might not have done so?

You are a very dull antelope.
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by cucumbar: 10:18pm On Mar 21
mrvitalis:

I know u don't know jack about economics

Currency is not strengthened by emotions, prayer or propaganda

There is no basis for naira to appreciate it's obviously artificial
that’s one thing about this APC supporters. They are very dull, both online and offline. All of them.
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by davodyguy: 11:17pm On Mar 21
Raylight2:
how does the CBN owe these foreign airlines? I thought flight payments are made directly to them .are there other businesses they transact with CBN?
They're paid in Naira by travelers.

They need to convert their Nigeria ti dollar, and no Aboki have that volume of dollars to exchange for Naira.

CBN receives dollars from sale of Crude oil and other dollar inflows
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by ebuks4ever(m): 11:30pm On Mar 21
LordAdam16:
Wait, so the foreign airlines sold tickets at rate of <460.
You trapped their funds for years.
And now you're asking them to repatriate at rate of 1400-1600.

Cardoso is unwell.

-Lord

I tire too oh. Isn't that sheer wickedness?
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by Vision101(m): 11:37pm On Mar 21
CountinBlessins:
When a government relies on propaganda more than I integrity . Stop employing online trolls to defend your nonsense online and fix the damn economy!
Lies and propaganda can only go so far.
Maybe Tinubu needs to sack his media aides, special advisers on media and the minister rof information.

All these people are making him look so bad with their kindergarten level propaganda

What is propaganda in this news please?
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by Raylight2(m): 12:24am On Mar 22
davodyguy:

They're paid in Naira by travelers.

They need to convert their Nigeria ti dollar, and no Aboki have that volume of dollars to exchange for Naira.

CBN receives dollars from sale of Crude oil and other dollar inflows
oh. I see. Thank you very much for the clarification. I thought most of those airlines charge in dollars apart from Ethiopian airline.

Thank you
Re: Foreign Airlines Dispute CBN’s Claim Of Settled FX Backlog by frank33(m): 7:41am On Mar 22
All analysts have explained how there were no dollars to give airlines or to settle genuine dollar requests. Hence the need for the president to travel round the world looking for FDI and FPI.

Remember what it has taken to get AFRINEXIM bank 3bn.

All of a sudden you hear 7bn has been cleared and you believe without questions. Mr positive thinker use your brain!

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