₦airaland Forum

adonainana:
Because its non available to scarce or very limited at the official rate, you cannot walk into a Nigerian bank or CBN office and give them naira and walk out with dollars

Meanwhile people need the dollars to import machinery, raw materials, the phone you are using to type what you are typing was imported using the same dollars,

So semi illiteratee questions like why do people go to the parralel market to source funds you need to avoid asking, we are almost in 2022 please

You misunderstood him. He was being sarcastic

ewosk:
Very laughable

You should also ask why do people use black market even when the rate that is high instead of getting at official rate

Good question. Ive asked the same.


The dollar is not available in the banks for easy access. There is a short fall in supply that cannot meet the demand.

chicent2k3:
This forum is getting very useless and stupid. I feel sorry for this generation of ours and the younger one each time I keep seeing useless topics like this.

I tell you. Utter rubbish.

The mod that moved this no try at all. This should be in the dustbin of created topics

Why is this sort of stupid topic on front page for Gods sake

Good to debunk. It's senseless.


If the child does well academically why hold him or her back due to age.

We have PhD holders in developed world who are in their 20s and proffesors in their 30s.

Here a 30yr old tries for a proffesorship they would frustrate him and ask him how old he is.

Wonder why we are where we are. Pettiness.

geezyk:
Y'all saying you don't watch a show cos of religious obscenities are just closed minded and easily manipulated, being a Christian doesn't mean I can't question some obscurities from the bible.

Watch and enjoy with an open mind, and you might learn one or 1 things, we've all been conditioned to think of some things as good and evil.

Have an open mind.

Well personally the show wasn't for me devoid of religious inclination. It's a detective show and I've seen so many variations that this one didn't do it for me.

I used to like supernatural ( but they over stretched that one) and funny enough the character crowley who took over hell was my favourite.

I keep coming here with hope seeking brethren of the high seas laying claim that the vessel "ten rings" flounders deep in the atlantic ocean.

So I can sail I that direction and loot for all its worth.


Hopes always dashed.

Saifullah01:
Wouldn't it be fair to hear the other side of the story. I think that will be the logical thing to do especially since she wants justice.

With the amount those E&P dole out inform of salaries, bonuses, allowances, trainings etc. on their staff, I think medical bill will not be the only thing to cause a termination of employment contract

This should have been the first to comment post.


Besides most of the history provided screams false to me.


She left a potentially life saving surgery ( despite the possibility of it being fatal) to come back and resume work? For what purpose to die on the job?

Lol. We will soon hear totals side of the story.

Acidosis:
To be fair, it is not the responsibility of your employer to attend to your medical needs outside the provisions of your health insurance. Health insurance by the way, is merely a privilege in this part of the world, not an entitlement.

The late driver's company deserves all the accolades.

That I agree with.


Some people here are suggesting that the money would have better served the family, meaning leave the guy to die and give us the money

I dread my fellow citizens

seborrhic:
If they are found to have been manipulating figures and involved in currency speculation they should be dealth with squarely.
The rates were going ballistic and causing spiralling of inflation.
Be that as it may, emefiele and Buhari should also be arrested and prosecuted if same is to be done to the owner of Abokiforex.It's their archaic,military era monetary policy they both started in 2015 that got us to this deep mess.

It's all about demand and supply. The rates were going ballistic because the availability of the dollar was not commensurate with the demand.

If dollars was everywhere nobody would be panic buying or hoarding and the naira wouldn't be in free fall.

Simple fact is Nigeria is a dollar dependent country and has no way of meeting up its dollar needs hence the weakning of the naira. The oil isn't up to the task anymore.

It's not the abokifx ( na wa oh nairaland change my word to northerners now they would say I'm tribal wtf!!) fault.

If they say dollar is 1500 or 200 e no concern who no need am. Its people who need it that would buy.

Last last transmit the naira cost to the final user.

Guy drop album and stopped lamenting.

Any nairalanders post indomie don't even know who you are.

Acidosis:
I feel her pain and kudos to her for giving her best. N10m no be joke at all. Even some family members would rather live him to die than spend 1m.

Which is what some people are suggesting on this very thread.

Richy4:

My brother, I would have loved for u to double check on my comment.. I was only interpreting in clear terms what I understand the lady was saying.. I never agreed or disagreed with her

As for death, When it comes to me or my family members, we will go that's after doing all we can...

I will not be the youngest person to die on this planet bro..When I was in primary school, we lost a school mate... In university, we lost 2 course mates... As a matter of fact, one won the most beautiful girl in our uni in 200level, also won miss Fanta that year.. she died giving birth...

So u see if death can claim beauty, ugly, handsome,tall, short at anytime, who am I.. I will go happily.. there's rest on the other side.. I hope that answers your questions..

The first part is the answer the rest you also probably didn't understand me as I did you.

Richy4:

She meant that the money would have gone a long way in terms of helping the family of the deceased to solve financial challenges that might come their way assuming the doctors said that there's nothing they can do for the man except to pray and hope..

Imagine being taken to a hospital and on arrival the doctor says " youbknow what instead of spending this money to treat this person give it to the family he will not make it"

I wonder what reaction Nigerians including you would have.

yang:
It's sometimes ubelievable the level of stupidity of Nigerians and their leaders

This CBN Imp has been printing the toilet paper called Naira and has no USD to back it up

And now is trying to force the rate to his artificial 410

Where is the Naira demand coming from? Is it not the toilet paper printed by this imp with no dollar to back it up

And baboons are cheering this idiot

CBN is an Fx market participant like every other entity, if it wants the Naira to sell at 410 it should bring dollar volumes to the market and put his money where his mouth is!

Zoo people

Simple make the supply more than the demand and watch the dollar crash.

Where he wan see dollar. No exports. All imports. Clowns think they know what they are doing.

bunto:
Mister, everything is not about you!
They do that because of money laundering.

Can't they watch his account. If he pays a huge sum they can ask for the source. Or if a huge I payment comes in.

That's why there is a paper trail. They just make I hard for peeps for no reason.

They are clowns joor.

Besides if the naira was stable nobody would send dollars. Saving in naira now is a risky venture in the long term. All the platforms are closed. Fixed deposit dead, government bonds dead. Investment opportunities dead. Try and hustle they'll chop your bar, save it loses value. Wtf guy.

rajiedreez:
This little things we overlook goes a long way in shaping the fiscal economy. People believe any info on their platform and so giving them the power to manipulate and determine the fluctuations according to their desires

Truth be told why should such a platform exist in the first place.

If I need dollars I should walk into the bank and buy at the official rate. Black marketeers shouldn't exist.

I remember when I opened a dom account. I needed to make a foreign payment via transfer.

Oya sell me dollars to fund the account and make payment , They were asking for visa and ticket. I explained my case to no avail.

I just walked to the front of the bank bought from aboki, paid into the account and made my transfer through the same clown who was asking me thrash.

Truth be told crooks are benefitting from the disparity in dollar prices hence it can't die easily.

Go to the airport and buy currency when you want to travel its not cbn rate you'll get its abokifx rate and higher sef.

Fuckinh clowns.

abduleez1:
E be like say this Voyeurs go sweet oo...



If na the Euphoric boobs wey I dey see like dis.. Valhalla awaits.

Read this post and knew it could only be you....

my3name:

this thing na message them dey try pass
and people dey misunderstand am

Are you surprised? Welcome to nairaland.

A place where majority can't see beyond their noses.

Xscape1993:
What is even the political relevant of FFK? If not for the bad institutions we have in this country, FFK should be in jail by now. What a country rule by unfortunate people.

Even if he is not jailed. A man like this should be speaking to open air.

Nobody should even carry his news.

Useless shameless adult.

I'm not in shock sha. Nothing any nigerian politician will do to shock me.





Only if they give good governance will I be shocked.

No be media una take pursue Jonathan commot.

onumadu:
Punch is hereby telling Nigerians that what we have in place is not a government, but a "REGIME". lol

For the uninitiated, the term "government" is usually reserved for a lawful state organization, while "regime" is usually used to refer to a rogue government; e.g. a dictatorship or a totalitarian government.

Eagle eye. I smiled when I saw that too.

They jut had to slip that in.

BadNews:
GTBANK IS THE BEST FOR DOLLAR ACCOUNT

This dom.account sem dey pay interest sef?

SmartPolician:
This is FALSE.

To the news, the CBN is living a cloud cuckoo land. Nigeria needs to shut down the parallel/black market and concentrate on the CBN rates.

However, I am guessing that will only happen when a southerner becomes president because the industry is dominated by the northerners. We cannot continue to run a country where most vendors exchange foreign currency based on black market rates.

@ bolded. The solution they are all pretending not to see. The difference should not be more than 5naira.

As with importation of fuel someone somewhere is making a killing with this disparity so it cannot stop.

Quick lunch for the hungry man.

Nwaotu10:
Who has seen Lucifer? Is it worth it?
I no wan waste data

Devil sef dey form detective.

Abeg I only watched one or 2 episodes and stopped.

Seems to have a large fan base though

BigDawsNet:
Dollars rise means high cost of regular items in market... No difference

He would be worse of sef. Even the t fare to go pay the debt go rise. He doesnt even understand the implications.

Maybe just clowning as usual

Una for quote all this laws before borrowing.

After e enter hand men don turn lawyer dey claim harassment and high interest rates.

Didn't you see those things before borrowing?


Nigerians sef!!!

Liars.

Ishilove:
Incomplete story

You sef no believe am.

Na utunkutu don catch am so.

On a serious note even jazz doesn't catch a happily married man outside.

You never react since you dey wait for people to advice you to react.


My advice pls forgive and forget. It's hard for a woman not to cheat and confess easily to a man when she's sure of how he will react.

Short service course.


With very strong back bone