₦airaland Forum

Koolmak:
Really can you prove the last statement with facts and figures?

TB and FG bonds are similar to a very large extent. But bonds normally carry higher interest rates.

Bonds carry higher interest rates? Says who?
A 20 yr Bond on a little of over 16% and a 1yr (364 days) Tbill of over 18.5%?

https://www.cbn.gov.ng/rates/govtsecurities.asp

Tbills have better rates joor.
There must be something about bond dat I'm yet to know.

partnerbiz4:
Pls who knows why anyone would want to go for bonds despite better interest rates in treasury bills.

I'm also interested in the answer.
And why will a 10 year bond have higher interest rate than a 15 year bond?
Also, is the interest paid upfront and tax free like in Tbills?

I still don't understand this FG bond of a thing. I invest heavily on Tbills. ..enjoying the higher interest rate of over 18% per year.
Why would one not chose it over FG bond? It's not as if bonds have higher intetest rates.
Am I missing something?
Somebody help!

The sun will surely rise again!

A pastor cannot tell lies. .. Here's Buhari's latest picture.

They are indirectly calling Nigeria an animal kingdom. ..in other words, a ZOO!

Hungerbad

It is called "Land of aquatic splendor" for a purpose.

moscobabs:
He carry his family member put for UK ..and he wants the foolish guys to start war.

Awon mumu

na you be de mumu. ..how does asking for self determination equate to war?
are his parents not in umuahia?
Is dat woman there not his wife?
how many of his siblings are in the UK?
Afonja. ..stop eating that green hydraulic spirogyra soup!

Aufbauh:
When a lunatic start pushing his luck too far then, know that his days as a freeman is number.

All this "agidi" na because Bubu no dey around, If not the psycho for don start him season 2 for Kuje.

Where is bubu the ghost worker?
The hunter is being hunted...a lesson for all!

Yes. Mod this is fp material!

Rare breed

dkronicle:
chaii i no just know watin my papa been dey do when dis men dey hustle.

continue to complain. ..your kids will soon be wondering wetin their papa been de do....

May God punish poverty!

989900:
Kanu should be in some psychiatric home -- dude is obviously mentally unstable.

I spot you. ..Eater of green spirogyra hydraulic soup, tiger faced claw man.

I applied for my last child since March. Till date, it's not yet ready.
And someone will come and tell me to pretend that everything is well in the country just because of politics, tribe and religion. May God forbid it!

This Nnamdi is really intelligent and bold! May God bless his efforts.

The Director-General of Bureau of Public Service Reforms, Dr Joe Abah, has attributed the present scarcity of the Nigerian passports to the increase exchange rate of the dollar.
Abah made the disclosure in an interview with the Newsmen on Monday in Abuja,
He noted the dollar which was formerly exchanging between N150 to N160 was now N300 and above.
Abah added that the passport was not produced in Nigeria as only three companies in the world had the capacity and techniques to produce an international travel passport.
“The reason for the scarcity is because since it’s not produced in the country, Nigeria had a contract with the foreign firm to do most of the production.
“ And at the time the contract was signed, 100 dollars was worth N15,000 which is the cost of the Nigerian passport of 32 pages, the 64 pages costs N20, 000.
“So with the naira being so much against the dollar, it meant that the N15, 000 paid by individuals will only amount to 30 dollars not 100 dollars.
“So the money citizens were paying simply could not buy it anymore and government was a bit reluctant to increase the price three fold.
“Currently, the government is making efforts to look for ways to subsidise the cost until we can produce the passport in country or dollar drops.’’
According to him, it would take quite a bit of investment to have all the component of the passport produced in the country as the tread used in stitching it and paper for the leaflet was difficult to come by.
Abah said that the Federal Ministry of Interior and Nigeria Immigration Service were making efforts to ensure that the passports were produced in Nigeria to address the scarcity.
He noted that the passport would soon be produced like the drivers’ licence in the country, adding that the available passport booklets were presently being used to clear the backlog of applicants.
“A few months ago the Comptroller-General of Immigration announced that we now have passport booklets available across the country and across the world.
“However, there had been a backlog of about six months or so people who apply newly are still waiting because they are still dealing with the people who applied before them.
“So our expectation is that in the next few months, it will ease up and we will go back to the standard timing which is supposed to be 72 hours from where all your documentation are checked and correct.
He said that the bureau had also carried out a study on the process of obtaining an international passport and driver’s licence to address the challenges.
Abah said that findings from the study revealed problem of internet, electricity as well as touting in some parts of the country.
He explained that the study was carried out through interaction with customers on their experiences and officers of the bureau going undercover to monitor operations.
Abah said that the full report was yet to be submitted to the Corps Marshal of the Federal Road Safety and the Comptroller-General of Immigration, who had been briefed on the findings.

http://www.vanguardngr.com/2017/06/bureau-blames-scarcity-international-passport-booklet-high-dollar-rate/

Vincent000:
If you are interested email me.

why not take it as a loan from a bank.you have enough to take care of ANY interest rate they may solicit.

Our young ladies nowadays and big tommy!
#gosh!

she's pretty though

Once I heard, "hack", I knew it must be dem.
AFONJ....

lol...OP, you no well.

Bet me, mods won't like this nor take it to fp

sarrki:
Let him go Kano zamfara,Maiduguri or Lagos

Did you want to write "let the one in london go to onitsha and test his popularity so we can compare"

LionDeLeo:
Yes, I will.

But pls help tell the blinking ipork gorillas, for the the sake of the crime and greed ingrained in their genes, to steer clear of Hausa & Yoruba magana.

Must you drag in your hausa slave masters?
Can you just let it read Yoruba?

freshmimi:
..
Anybody in the house who wishes to further his/her education abroad
Undergraduate, postgraduate, masters, e.t.c in any course
at $4000 only for any programme should kindly pm me for details.
Thanks in advance.
This is real!

why don't you want to further yours?

Evans neighbour

paid to the federal government or to some cabal?

kolafolabi:
Ipob should remember what civil war caused them. It must not repeat itself.

Say no to war.

When I read comments like dis, I shake my head in disbelieve. Our standard of education has gone really low.
What is the relationship between asking for self determination and war?
Self determination is a right under the UN charter!

sarrki:
Leaders of thought
All we clamour for is peace.

Those chanting war song don't really know what is war

Does self determination mean same thing as asking for war?
If the north decides to seceed from Nigeria today, will you fight war to keep them?
I just don't know what is difficult to understand in this UN charter!

Na dem
awon skull miners and hustlers

All the joy of giving birth to a male child...smh OP, your people strong well well