Why do they keep going to Arise tv for interviews that they claim is the enemy?

There may be some truth in peoples gazette story after all
https://gazettengr.com/exclusive-tinubu-screws-nigeria-over-in-paris-returns-opl-245-ownership-to-shell-eni-after-cornering-lucrative-onshore-assets-to-nephew-wales-oando/

The moment I saw the headline I guess it was a court in Abuja

Does Op know the meaning of "Caught on tape"?

RepoMan007:
by eliminating the need to import petrol, diesel, and more with forex, forex prices will crash thereby strengthening the naira. That means imported commodities like food, clothes and more will cost less to import and thus cheaper. It affects the common man irrespective of whether fuel goes for N1500 or N350 a litre.

If the naira gains, fuel price should also come down all things being equal.

For e.g, If it gets to 1 = 1, we cant be buying fuel at $1500 per litre

Is this the one billion Geneva trip minister?

Looking forward to Rivers state

God1000:
It seems he's listening to what people say now, especially the denunciation that occurred after the Dubai visit with 1411 delegates

This is why opposition is healthy and not just praise singers

He should have started with this from Day 1.

That would have set the tone. But the way he started has given rise to 1 billion Geneva trip and so many pilfering in all ministries.

Better late than never.

Omihanifa:
This can only happen in the abroad. Here in nigeria, who go even leave wifi open for you.

In naija people don't joke with their WiFi and borehole they don't like leaving those two things open

This is why I doubt it happened to a Nigerian...No Nigerian will leave wifi open for 2 years and complain its slow.

money121:
My 2023 Achievement
In January, 2023 I was looking like the first picture.
See me now in the second picture

Had to read again to see that he was looking like the first picture because it's two different people in the picture.

TouchNfollow:
After Supreme judgment on fubara, alot of drama will play out.

Knowing APC, they can delay the judgment for the full tenure to keep him in check

transient123:
In the minds of some, Ganduje shouldn't be celebrated because he stuffed dollars in his babariga.

I agreed he is a thief, but, how about them wailing against his being celebrated and eulogized, they are also thieves and terrible humans combined.

Pots calling kettle black.

There is this saying that "Its better to be silent and be thought a fool, than to speak and leave no one in doubt"

The other APC praise singers usually avoid threads like this when it is indefensible... maybe you should take a cue from them.

There will be other threads to sing praises.

FreeStuffsNG:
Yes o!!
I am extremely positive that this is just the beginning of greater things to come for Nigeria. Good news will never cease in the lives of patriotic Nigerians and lovers of Nigeria.

The naysayers, unpatriotic elements, criminal defamers and cyberbullies will neither see these milestones nor benefit from it.

All the enemies of Nigeria will be put to shame. They will lose las las and will always lose. God bless Nigeria for ever!
Check my signature for free stuffs!

I believe its time we stop with the name calling of skeptics.

It's like you do business with a person that scams you for the better part of 8 years. If this person comes to you with another promise or proposal, you doubting the person does not make you a pessimist.

The best way to earn erroded trust is by action..not name calling. The Nation is toxic enough as it is. Dont add your own

In a civilized society the woman don hammer from the lawsuite that will follow.


That's why their safety standards are a lot higher.


In naija, she can sue and the company drag the case till eternity

LagosG:

My brother, there is nothing new there. We just like foaming at the mouth. This shitt happens in all tiers of government and has been happening since 1960. It has become normal. I remember during Jonathan daughters wedding. They spent more than ₦5 billion. That's like ₦10-12 billion in today's money. That same Jonathan is being praised as a saint today. All the people shouting and crying over it and even the investigative journalists that uncovered this piece of news will do that and more for their families and friends if they're in top positions. We like to criticize government for every news about corruption meanwhile we're all the same

There is this saying that "Its better to be silent and be thought a fool, than to speak and leave no one in doubt"

The other APC praise singers usually avoid threads like this when it is indefensible... maybe you should take a cue from them.

There will be other threads to sing praises.

This is what I always told my team members when I worked offshore.

"If you get hurt or killed (God forbid), the chopper that is coming to carry you is also coming with your replacement."

delkuf:
Sanwo olu should be arrested. How can you buy portraits for 73 millions and you call that mistake. This country. God help my japa. I trust only in you

Its a mistake, he meant to write 7,300 naira

Is this not the 9 trillion Governor?

He should borrow Nigeria money

Wallade:


Your comment hit the nail on the head. Whatever monetary policy Cardoso and co. introduce must be in tandem with fiscal policies of the government to successfully improve living standards and value of the Nigerian currency.

Nigeria must enforce laws against dollarization of the economy. So many transactions are done within Nigeria in dollars and forex. The Nigerian government must discourage this development. The government is also guilty because major transactions and contracts too are awarded in dollars by the government. Properties in real estate, airline ticket sales, solid mineral resources and bulk petroleum products are sold in forex within Nigeria.

The major import item in Nigeria is petroleum products, it is sourced from a major product (crude oil) that we export. We must urgently start local production of petroleum products to reduce, to the barest minimum, the imports of petroleum products. This will reduce over 50% demand for dollars in the I and E window and parallel market.

CBN should terminate all Bureau De Change licenses and declare that business illegal in Nigeria. Anyone who wants to buy or sell forex should approach the commercial and regional banks or deposit money banks. CBN must also regulate and monitor the forex transactions of all deposit money banks to ensure there are no foul practices and perversion in the banks with respect to forex trade. This will bring significant, about 80% - 90%, of forex in Nigeria into the I and E Window or under the control of CBN.

This! But unfortunately, even the politicians have long moved to dollars. See Gandollar himself

The math is not mathing...how do they go from 300,000 to 6 million?

Another angu.

This is obviously an excuse. Saw some reports where it said it was first proposed during Jonathan's Era. Its a luxury item, It has now been reviewed upwards and added again. The original dailytrust link is no longer active.

https://ww.nairaland.com/470728/navy-wants-buy-n3.3bn-presidential

9jatriot:
But there are many people waiting with billions to map up any increase in supply, that has been the problem in the last 5 years.

How did this "many people" get the billions? That is the corruption that must be addressed.

The fall is also making legit earners lose faith in the value of naira and would rather dollarize, thank keep savings in naira.

I know someone that was doing this way back as from 2016.

9jatriot:
Can people better informed about finance educate me?

What of if government rather than try to fight this drop in forex, decides to make money off it?

What I mean is buy/sell forex at a profit to willing buyers at even black market rate and make a profit off it, so that at the end of the day there is no incentive to go and buy in the black market?

Nigeria has been fighting this exchange rate like forever so perhaps it is time to follow the trend as they say in the stock market. A finance person should please explain the folly or ingenuity of this idea.

This is caused by basic demand and supply plus corruption.

If govt decides to sell at black market rate without addressing the supply/corruption issue, that is just moving the baseline as resellers will still add a markup.

It's like increasing fuel price when there is scarcity of fuel.

Only solution is to increase supply and deal with corruption. If everyone can get at offical rate, there is no need to spend more at black market.

The difference use to be less than 5 naira.

For this naija when we dey so?

There is no battle. This is a forgone conclusion

With the song playing (A song for Mama by Boys II men), he is probably dancing with his own mother.

Nothing ghastly about this. This looks like bumper was removed from bad roads.

Like play this guy will release album with only one beat. Three songs so far with the same beat.

Is the guy a relative of alexreports?

Why is this front page worthy?

The flight path is there for anyone to see

https://www.flightaware.com/live/flight/NGR1