realmey:
Hello NL

I visited my father-in-law sometime in January this year
We had certain conversation that included him asking me to visit him either on a weekly or monthly basis

Hmmmm,it didn't go down well with me,though i said nothing so it does not look as if i'm disrespectful.

What if he offers 100k per visit? Will you visit?
I made up my mind it was not going to be possible as ordinarily i felt he was trying to control me;i didn't bother visiting in February as i already decided to visit at my convenience.

I really don't know if i am wrong,pls ur sincere advice

HAH:
Is time for CBN to converge all rates in same place an equilibrium price should determined this is because the parallel market rate of 380 is almost the rate at which bank sell PTA which 375 and the CBN should reduce the spread between interbank and selling rate by banks the present 20% is very high infact the highest in the world at best it should be 5% just imagine the CBN give them dollars at 315 and they sell at 375, now if parallel market will sell at 375 too no one will go to bank bank buy because there is limit, trail or much documentation unless the banks drop their rate too thereby competing with the BDC for customers which will lead to drop in price, during the soludo and even sanusi era spread by BDC are hardly 5% sometimes just 2%.
Good analysis but the JVs don't get anything near 40%. There are petroleum tax, NDDC and other charges. They get around 15% to cover cost of operation/profit.

Those saying we should float the naira should have a rethink, most nations defend their currency, floating your currency is like opening up the borders of your country no customs, no immigration, no visa, no duty everyone and everything enters at will. Assuming Nigeria is a major multi product exporting country floating may be ok, but as it is our major export is oil which is very volatile, believe me if we float speculators will run this country down dollar will be N1000 in no time.

@$50 per barrel Nigeria earn about $110M daily let's say 40% goes to the JV that means we will be left with $66m daily, I recommend a 50-50 approach between reserve and injection into the economy that means every week about $220M will be injected and $220M will be saved in the reserves. I believe the present intervention by CBN is necessary and very sustainable if there is the political will.

GAZZUZZ:

I think my car vin was tampered with. Can't find it on any vin check site! The sticker by the door says it's a 2006 car, seatbelt too. But the manual and car itself is 2004.
Yes!!! But very tricky.

21Savagw:
I wake up everyday smug that I am not an African woman.

omotroyz:

well, for the now, u can park the car and use public transport. doh

BCISLTD:


If 28k is > 1/3 of ur salary, how did you buy the car?

Edunwa302:

7k for full tank and it takes you a week on two hrs trip daily
You must be riding on a good fuel economy car And roughly 46litre capacity tank
Enjoy bro
Fill mine now @ 11k plus