₦airaland Forum

I think say i no dey hear word, but i don jam person were no dey hear too ! I give up. Human being bite cobra ? People hard oh

Donalð Genes: you shouldn't worry yourself with their ill-gotten wealth,anybody that wants to steal does that on his or her own detriment,
the Bible said,what shall it profit a man to gain the whole world and lose his soul..money ain't a thing dude,just let go okay and that's why all these rich peeps get cancer,they dont know a thing how our Genes works

u never hungry b4 ! Na why u dey talk like dis. Think we want to be bad, after so many years writting jamb and waec and graduating from sch u end up a hustler on the street.

Jarus: Aftermath of all the issues raised on my FB wall and elsewhere, I decided to hear directlly from SLS on this issue of currency introduction and others. I am publishing these relevant parts and left out private matters

ME: (by SMS) Sir, I wouldn't know if you're free now so I can call. I have some issues I want your clarifications on regarding this new currency policy. Suraj

SLS: (called immediately) Suraj, I am very busy today but...(line went inaudible)

ME: (by SMS) Let me raise my issues by SMS. MTN has been having reception issue here

SLS: (called) Suraj, I am very busy today. I have Bleep meeting tomorrow and YYY meeting on Tuesday before traveling to ZZZ on Wednesday. But we can have the discussion by phone in few minutes

ME: OK sir. I just needed your clarifications on some of the issues my friends have been inundating me on this CBN new policy. First, don't you think it is counter productive that at this time that we are advocating cashless Nigeria, we are introducing another currency, a higher one, N5000.

SLS: See, Suraj. It is not. First, know that this is not a monetary policy but just currency management. Our cashless policy never says there should not be any cash at all. It only discourages heavy cash in the system. Whether in N5 notes or N5000 notes, the limit of N500,000 will still be N500,000. So what are we saying? It also enhances operational efficiencies. The number of times banks load their ATM machines will also reduce. Banks can now load up to 5 times the value in their ATM and reduces rate of stocking and associated costs. The cost of printing and managing currency will also reduce. We

ME (cut in): But sir, don't you think this will ease corruption and movement of funds among our politicians?

SLS: Well, is there no corruption now that there are no N5000 denomination? It is not the duty of CBN to fight corruption among political class, you know. We are trying our best to block all holes of corruption, but that doesn't stop CBN from introducing a currency management policy that it deems fit. Fighting corruption is the work of EFCC, Police etc

ME: Sir, what of the issue of inflation. Is it not inflationary?

SLS: All that are unproven talks. I have challenged people to bring any study or research that says higher denomination leads to inflation. Nobody has brought any. Look, it is inflation that brings about currency renomination, not otherwise. In the last 10 years we have been battling double-digit inflation in Nigeria.

ME: What of this scenario: an item that is worth say N4,800 will be forced to be rounded up to N5000?.

SLS: But we have not phased out N1000, N500, N200 now? So you mean it is only N5000 you can use to pay for a N4800 good? How have you been paying before? (laughter)

On coins, Suraj, at CBN we are forward-looking. Look, in the next few years, even when I must have left as governor, people will look back and realize this is a good policy. We are looking at not only currency management but also modernization. A time will come, in very near future, when we will be paying tolls, paying for newspaper vending, with just coins at vending machine points. That is why we are promoting coin culture now. Also note that, we are not canceling the notes. We are introducing the coins side by side. So you will still have N20 notes, for example, with N20 coins, until it gains acceptability.

ME: Sir, have you been speaking to be the media on this issue?

SLS: Suraj, you know I have been on this job for more than 3 years and most times when I talk to the media, the matter is sensationalized and controverted, so I have deliberately minimized my interface with the media in recent time.

NB: He quoted some statistics at relevant points in time which I can't exactly recall and weeded out to avoid misquoting him.

who be this jarus or suraj self ? u dey show yourself for front page too much, i sure say u be moderator for here. u and cbn governor talk for dream or for imagination you come put am here ?

franksunny: I know that negotiation is not going to work, it will collaps. I still stand on never you negotiate with terrorist.

it is true. Never trust your enemy.

Sometimes when people talk abt war or disintegration i always smile ! Make dem go fight like biafra na, i will make hell of a money. I have heard stories from popsy how people got rich buying 911, getting married to pretty igbo gurls and looting and making millions. Me go arrange my guns keep, if war bust i dey go big cities and loot those big supermarket like dunes for maitama, move cars, move enough electronics and lot of stuffs after war i go sell them, monkey dey work baboon dey chop, we go school go jack others dey flex without cert . NO BODY FIT THREATEN ME WITH WAR AGAIN AFTERALL I NO DEY DRINK BREAST AGAIN.

Okija_juju: WOW!!!

Why did I waste all my life getting an education, over 100 Thousand US Dollars in fees and stuff only for some low life criminal that has kidnapped, killed and maimed law abiding and tax paying citizens to be living better than me?!!

Like can someone tell me agin why I shouldnt invest 10,000 Dollars in sofisticated arms, ammo, explosives and combat gears and go blow up a few pipelines?!! I mean, with my education, I should be able to pull off a more sophisticated and devastating strike on oil installations nationwide..

nigeria is hell hole bro ! If u get any idea how we go take over thrown those guys let me know abeg. Me fit develop biological weapon of mass destruction, i once isolatied that flu virus in broilers used it on albino rats and within 24hrs abt 85 of them died i did it in form of a spray and fumigatied the rats and the died, i did it in a tightly regulated environment though. I rented an apartment and bought a deep freezer for research

Do u know with that huge amount generated everyday we can afford to pay welfare package to the unemployed in our society instead of the stupid N5,000 note idea. Welfare package would create more opportunities and spending on consumer goods

My computer has been on for complete 9 months on my table and have been connected to internet 247, computers are meant to be on . What of servers that are kept on for years.

all4naija: Nigerians who couldn't fill online forms are expecting to be employed in good positions. What a way to good in that country. The Nigerian graduates are not encouraging at all, with what I have seen so far on this thread!

so sad u can't read what they wrote. The online registration form is having problem,not that they cant register.

I use to think it was yuri gangarin that first walked on the moon,now i know it was neil armstrong. Yuri orbited the earth and what of astronaut john young.

I unleashed my rotweilers afta i ordered him to leave my house and he directed a burning look at me. Come see run and shout dat day.

Billyonaire: Let me give you an insight. Look for a brand, a very popular brand that does not exist in Nigeria but is used by Nigerians. Lets say for example, Apple or Louis Vitton; Register a company with CAC, and contact the parent company seeking franchise. Talk to them professionally and get their requirements for franchise. When you have that franchise, that is millions in your hand. Dont ask me how you can make money with a franchise certificate in your hands. Think and Grow Rich, I made my first 1 million with just an idea. And I have millions of ideas incubated in this brain of mine.

franchise from apple or louis vuiton ? U don't even know what u saying, i wanted trying the mcdonald franchise,its damn expensive.

Having N5,000 wont solve our problem, what we need to enjoy this country is strong naira and massive job opportunity, without a decent job or source of income hw will u be able to spend ? They should stop wheat,rice, processed or frozen food importation, build more refineries to stop importation of petroleum products, develop the tourism sector and revive or give life to dead infrastructures. Doing this will resuscitate the naira without pegging it to a bucket of hard currency and only then we can have a dollar exchange for like N10 - N50. We can stop wheat importation thru the use of biotechnology jst like researchers have done in the northern prairies in canada, drought resistant wheat varieties are also planted in the downs of australia,the pampas of argentina and the veld of south africa. IT CAN BE DONE IN NAIJA

i was in the kitchen cooking rice when nepa took their light, i was the only one at home with my dad. when the food was almost ready i wanted to add oil to the rice, but there was honey in the kitchen too and in the same container as oil, i turned the honey in the rice thinking it was oil..... .. the food turned brown and stiff

caseless: I hop u'r not al sayin it is moni dat hav metamorphosed dz guy 2 his present look or shape? How dos poverty inhibit growth or how dos being big indicate richness? If d tym com 4 bodi 2 grow nothin go stop am na.

so u dont know poverty can inhibit growth ? U be mu^2, go mogadishu or djibouti or sudan u go no whether poverty fit inhibit growth, u dey talk like small pikin ! Poverty fit make u dey malnourished.

To.To dike don appear hear today again. Here on nairaland she is as popular as a slice bread.

Wetin concern us with their family picture ? Yeye forum. Jim iyke dey chop corn una go put am here, now now tonto dike with family ? Rubbish ! Hope u all saw my username ? A rogue chinese hacker sold me an alien technology, "alienware" if u moderators are not carefull i will start moderating your post on front page from an undiclosed internet marketing hideout somewhere DARK, i will start regulating what appears on the front page and what shouldnt appear here, u wanna doubt ? On one popular russian forum when there see my username they get terrified, i once brought down their site for 2 weeks and they had to beg and they are highly skilled programmers. I can change snippets of codes into any thing and i spend all nyts on computers living on cigarettes, red bulls and gala. MODERATORS BE WARNED OR ?!&+

Kayusfity: Thank God our population is reducing....NEXT!!!!!!!!

fool

I started writting waec and neco since 2000, i passed my waec and neco in 2011 after writting it for 11 times i used my result from secondary sch to gain admission into the university in 2005 but to remedy english before i could go for nysc, i graduated 2009 and luckily i got 8 credit in both neco & waec in 2011 and i thank God am done with nysc. I didnt really feel any pain my dad is a principal and the state keeps giving opportunity for reg so he always slot my name for both waec and neco. I wrote 11 neco and 11 waec exams and 6 waec G.c.e and 4 neco G.c.e exams. Now i dey predict waec & neco exams, i know almost all the minerals resou...., lakes, deltas, mountains, dams, strait, latitude and longitude, farming in africa and almost every in their geography exams. hahahahaha. my result yakpa on top my ward robe for house,rat dey even chop some because of pending, withheld, cancelled, 6 A's english D7, 4 B's chemistry E8, etc , etc

Too much of everything is bad, she fine soooteee she no come fine again. She no fine for my own face oh. Whether na yellow abi na dark complexion abi na pink or maroon be her complexion me no fit describe am

torkaka: HAPPY BIRTHDAY TO A TRUE LEADER!! _{as for the haters,name a former/present head of state that is better than} IBB

gowon,murtala,obj,buhari are far better than ibb

And on our death bed nothing will matter because we will be gone to dust. That is why every thing is vanity upon vanity.

What is eid ( is it a festive period for the muslims ) ?

EyesWideOpen: I'm one of those ppl dat think they've outgrown the Aso Odun era, LOL.
I have it though anyway. I love to have new clothes, anytime, so it doesn't feel any special to me. It's just me having a new clothe.
I'll visit a couple of friends and relatives after Masjid. I may spend the day in my friends' place.

ur signature ? Lol. Whoever said "everything is possible obviously never tried slamming a revolving door".

i ran away from there b4 dat demolition. i stayed there during my nysc, dat place is a hell hole.

BIGVAJINA: lol
i just remembered back in the day in sec school when my jeart was beting bum bum bum bum any time i saw this guy.it was just strange he also came to propose to me.but it was such a pleasant experience, i cant forget.But anyone wonders why all secondary scool relationships dont last after school? please drop ya xperiences

see username ! "Bigvajina" u berra be carefull oh, men dey like big ones and dem go chop am till ee remain small

Fart come put on ceiling fan !