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IN CASE YOU DON'T UNDERSTAND

I know most of You don't know the meaning of Nigeria naira/yuan swap with China.. And why American government is desperately smoothing their relationship with Nigeria.

This is a clearer picture of the deal and its effects on our economy and way of life.

Soon, you may be buying that techno phone you bought at N80,000 for N12, 000.

The Central Bank of Nigeria has finally signed the currency swap deal we have been expecting for the past 2 years with the Chinese government.

The importance of this is that since almost 70% of the goods we import come from China and Asia and only about a meagre 12% come from America, why must we use Dollars to transact with China?

Thus, with the new deal, instead of using dollars at N350 to 1dollar to import those goods, we can now buy Yuan at 47 naira to 1 Yuan and import those stuffs directly. Therefore, instead of buying these goods in dollars in China, we will now buy them in Yuan at 5 times cheaper than their dollar rates.

Meanwhile, it should be noted that China is now the highest importer of our crude. This means that our trade with them can be on Naira/Yuan basis.

This is a giant stride that our media needs to disseminate. It's a great achievement by this administration in its effort at repositioning our economy.

Of course, with the new deal, the demand for dollars will nose dive, with an attendant crash in its price.

Try to monitor exchange rate. Some of those guys who hoarded foreign currencies to make gains will off load them in order not to have heart attack over their huge losses arising from the currency swap deal with China.
Dollars and pounds will flood everywhere with no buyers, as the buyers will withdraw naira from their accounts in banks with presence in China.

Many NIGERIAN banks will be seeking to have their representative offices in China just First Bank saw the future and already has an office in China.
Inflation will go down drastically because of the price of commodities that will drop.

Pls continue to share. ..

All the way from Yenagoa to Iganmu. Please direction is needed. Still scouting for where to lay my head though. To resume on the 14th, someone in a better shoes than mine should help. Thanks.

#When is school resuming? This wahala is too much.���

debque:
...even I have the money sef I won't buy it cos I prefer an Android which is more user friendly n customizable

So I said until I was privileged to use ipone6. When u start using one(iPhone) then u will know the difference between Rolls-Royce and Camry cars.

Please I need help. I am stuck in stage3. Prior to reading you people's post, I have already filled in my higher institution. Now i can't find a way to delete the higher institution details to continue my application process. Even when I tried restarting the application process, the higher institution always appear. What should I do?

alubezeebiye@gmail.com
Thanks man

I also received same message. Please anyone with past questions should help. My email: alubezeebiye@gmail.com.
Thanks.

gym, spy, fly, myth, ply, dry, fry, etc.

mr macho- Ogaga. That is the name of the winner.

2 Platoon Oyeeee. I remaineth the only guy permitted to put on gold trumpet necklace on camp. Missing camp already.

Please who have pictures on the parade drilling competition and the closing ceremony parade? I need them urgently. u can whatsapp me on 07084290479. Thanks

So what should take the stead of "UP NEPA"? Cos corrective
measures can start from you and I.

@alubeze1

diranfbi: Sure, but who will you vote for?

Ronaldo is greatly inform but went trophyless last season. Ribery is a good player and won the tripple last season. Messi is the all time world best but having injury problem this season and won a trophy last season. I think it should go to Ribery. I had always fancy Ronaldo and especially Messi, but Ribery should snatch it this time.

That's the perfect trio to make the finale. You can't beat that!

Is dat all? Them done sign d MOU?

No price tag? At what rate do u sell ur products?

Are u giving it out for free or almost free?

Please i would like to know everything about ICAN, cos i want to write the exam during my youth service

Stop burdering your self. For stipend of 2k, i will give you the Ebook on all you need to know about importation. Call 07064674339 or email me at princeebiye4fun@yahoo.com

Na smiles we wan chop? Call off d strike jare.

The demands are outrageous, no doubt. But if our political leaders are the highest paid in the world, then why can't our educationist also be the highest paid in world? After all, education is the bedrock of every society, and if the workers are paid well, they will be motivated to teach well. All thesame, ASUU and fg should renegotiate.

Yes, i had admission into d university dsame year i finished secondary school. Although i applied for accounting but i was given business education. In business education there is accounting option, i nw found out dat i am at d advantageous side. Am so happy wit dis course. God knows best. U will neva knw hw good and interesting it is until u experience it.