₦airaland Forum

The gains recorded in the past few days by the naira has been enormous and with the CBN showing no signs of slowing down with the intervention, I think its high time the official exchange rate of N305 is reduced. The naira making gains from N520/$ to N380 in a short few days is an indication that should the official rates be reduced, speculators and hoarders would come out with their dollars in droves to try and minimize their losses and hence drive the prices down tremendously!

An exchange rate of N250/$ I suppose would be fair trading at this time

Saintp:
This is a good move but the way they are going about it is wrong. Leaders in this country are always quick to pass the repercussions of thier inefficiencies and corruption on the innocent people.

Instead of going backwards to harass people, they should sit up so that no car comes in without paying the required duty. Trust me, these guys would harass and condemn even people with genuine duty payment on the road if they start implementing this. Stop making things difficult for the masses because of your own corruption and inefficiencies.

Dude forget harrasment. To even think any sane person with an iota of brain opposes this move is sickening beyond ebola!! You dont tighten the known smuggling routes and neglect moves to ensure that smugglers look for other routes to do their dirty jobs! By the way of this verification, Nigerians dealing with smugglers will reduce significantly and will put those smugglers easilt out of jobs. Everybody wins!!

2muchopoTBdope:
Can someone just break this down cos 90% of us here dey try interpret this SWAHILI.

Then go educate yourself mister! 90% of y'all is the reason why nairaland is now a land full of semi-illiterates and tribalists!

Rivers ohhh!! Shuuu

ttmacoy:
Thanks buddy. All I have asked for is proof instead of jumping on the easy culprit of it is trump.

I have shown you proof the so called summit doesn't look as reputable as is claimed but yet you say while that may be true you would rather believe it is trump.

Doesn't that suggesg you are convinced it must be trump despite any evidence to the contrary? As you say even if the Vo says it's not trump it is because past attendees ran away or they were not convinced the summit was what it claims you will say it's a lie it is trump. You see the irony?

Bro, I'm sure you know of the adage "An apple doesn't fall far from the tree"... A simple google search will reveal several cases of documented inexplicable visa revoke, outlandish refusal stories as well as outrageous border deportations since donald trump assumed office. To pretend all of this is unconnected to a new America immigration stance and the president's populist rhetoric is simply living in denial.

A summit (ofcourse not one of those million dollar summits.. where would a black woman get that kind of money? duhh) that was slated to hold in USC to me holds some sort of credence and repute. I try to be as open minded as I can, and I understand the angle from which you view this but I strongly disagree that somehow a 100% visa denial as opposed to what was obtained before for the African delegates is totally unconnected with trump's new America. I strongly disagree!

ttmacoy:
Really?

If the summit has been run a number of times in the past and is as successful as you suggest I assure you companies would fly down to Nigeria to meet the people if there is business opportunity.

I work as a consultant and fly all over the place and if a company sees investment opportunities they want to pursue they will fly down, and flying down actually means you see things on the ground and can meet more people.

I sent you a link of the US Africa summit held in Addis Ababa didn't I? From the photos it's clear that was. More successful that the so called USC summit which looks so poorly organised, where we can't see any proof of the past successful events.

I'm sorry but I need proof instead of just jumping on the populist narrative. Send me proof that the event was successful, show me a list of past delegates and sponsors etc, show me something rather than just blame trump.

I highly doubt you will be convinced by anything other than a recorded video from the visa officers stating that we are refusing all your visas cause we don't want you africans entering our trump country no more! And Even with that, you still may claim "misinterpretation of the innocent guy's words". I have met a couple like you at t_d.

davidif:
Hahahaha what a naive statement! You must have never worked in the corporate world before have you? Cos of you have you would know that corporations don't like to waste there money until they know its a sure thing. You don't spend money on a trip to Africa unless you are at an advanced stage of talks. Show me how many companies will be willing to let there staff just fly to some far flung corner of the globe on an all expenses paid trip without first knowing about the place?
This is a 'get to know you' kind of summit. A networking kind of thing like a career fair where a company comes to campus to sell themselves to students and to possibly conduct interviews on site. If they like You they can then fly you out to there facility for another round of interviews type stuff.

If this where done in Africa maybe one or two big companies might be willing to send one or two employees there on a meet and greet but I can tell you that majority of the smaller to midsize companies won't. Besides who wants to fly to Addis Ababa? This is not Paris we are talking about?

you have serious brain in that head of yours brother!

ttmacoy:
I did not say it is a fake event, but you will agree with me a poorly run event can be used by people to get visas falsely cant it. I know many many Nigerians who have applied for visas claiming conference or exhibition and run.

While it was run on the USC campus it was not run by USC but by the Black Alumni association so USC's reputation doesn't exactly cover this. I can hire a hall on USC campus that doesn't mean the reputation of USC guarantees my event is a good one.

Also why is there no evidence of past events if this was successfully run as claimed? Even the organiser said in the past the visa denials were high and if at this point every single invitee was denied then I would rather ask questions around the legitimacy of the event and from what I see on the internet if I was a visa officer I would be suspect. I will like to see proof of past event and attendees, I will see like to see speakers, programs, topics etc., I will like to see photos of past events if as you claim it is run by such a prestigious university.

Also we do not have any insight into what previous attendees to the events did when they go to the US so to conclude it is Trump is jumping the gun. Besides Trumps executive order is in plain English and clear, and aside that it is not effect anyway.

Why is there only 1 woman involved with both sponsors of the event. Mary Flowers is the head of the consulting company and the head of the Black Alumni association, no one else involved. Really??

I do not work as and neither do i know a visa officer, I am thus very unfamiliar with their genuinity screening procedures. I can only react based on what i read off independent news (which as you may well know is a fantastic and reputable news firm) that this event has been an ongoing annual one. While I agree that your stated arguments could be a reason for visa denial, I still would not rule out the possibility of discrimination against the African nations. A situation that has has increased significantly in the last few months as confirmed by Dabiri Abike (senior special assistant on foreign affairs and diaspora)

Could it be because it is an event organised by the head of Black Alumni association? And please don't act like you are totally unaware of the unprecedented increase in anti-immigration actions and stance of the USA since 45 became president. Not everything is written in ink and paper. Even Canadians are cancelling previously planned trips to the USA in droves.

Below are a few articles to read through should you be wondering about my claim about trump's discriminatory & anti-immigration stance and the corresponding effects on US tourism and economy:

http://time.com/money/4687114/trump-slump-foreign-tourism-us-immigration-travel/

http://reason.com/blog/2017/02/27/trumps-travel-ban-is-already-affecting-u

https://www.theguardian.com/travel/2017/feb/28/us-tourism-experiences-a-trump-slump

Kathmandu:
What happened to Babachir Lawal? The person that blew the whistle on Lai Mohammad foreign estacode where is he?

Whataboutism!! Yes that's a real word. Dude don't even go there! That person that blew whatever whistle on Lai is not dead is he?

Like I said, whoever is lining your pocket seems to be a generous one. Only feeble minds would be deterred by your threats

Kathmandu:
I have an obligation to remind people the insincerity of the government. I'm not backing down.


We saw someone lose his job for whistle blowing so I'm not staying low

Oh mann! What kind of someone is this?? Your paymaster must be a very generous one!

Let people who are able to blow whistles do that without threat to their lives... Sowore and Sahara reporters have been blowing whistle since forever and he is still alive till date. Imagine how much money dude will make if he blows a 20billion naira whistle at this time!

Go on guys, blow whistles! Blow them loud and clear. Dont let this online agents stop you. You will be making God, your country and your family proud! And ofcourse making a sh*tload of money as well!

Kathmandu:
Say anything you like but i won't put my life on risk because of Nigeria.


Please how much has been recovered so far

And no one is asking you to! But trying to manipulate others to not help in exposing corrupt politicians with looted funds by indirectly threatening their lives is uncivil and irresponsible at best. STOP IT

Kathmandu:
I can't be a whistle blower on any corrupt person because the fund looted will be relooted like Babachir Lawal that cut grass for 250,million.


Nigerians have been blowing whistle on that one while the Sick Dumb gave him a clean bill of health.


If you value your life keep your whistle and face your hustle

Emotional manipulation and threat. An agent of a corrupt politician for sure!

Like I said, the foreign investors part coming to africa instead of african businesses going up there to woo them is complete sensationalism at best. In a fair world, it should probably be that way but Reality dictates otherwise. That is the truth and you know it.

I do not work as and neither do i know a visa officer, I am thus very unfamiliar with their genuinity screening procedures. I can only react based on what i read off independent news (which as you may well know is a fantastic and reputable news firm) that this event has been an ongoing annual one. While I agree that your stated arguments could be a reason for visa denial, I still would not rule out the possibility of discrimination against the African nations. A situation that has has increased significantly in the last few months as confirmed by Dabiri Abike (senior special assistant on foreign affairs and diaspora)

Could it be because it is an event organised by the head of Black Alumni association? And please don't act like you are totally unaware of the unprecedented increase in anti-immigration actions and stance of the USA since 45 became president. Not everything is written in ink and paper. Even Canadians are cancelling previously planned trips to the USA in droves.

Below are a few articles to read through should you be wondering about my claim about trump's discriminatory & anti-immigration stance and the corresponding effects on US tourism and economy:

http://time.com/money/4687114/trump-slump-foreign-tourism-us-immigration-travel/

http://reason.com/blog/2017/02/27/trumps-travel-ban-is-already-affecting-u

https://www.theguardian.com/travel/2017/feb/28/us-tourism-experiences-a-trump-slump

ttmacoy:
I disagree, if as she says Africa is a hot bed of investment opportunities yes I expect investors if they are interested to move their fat asses. Many of the so called African businesses are small and cant afford the expenses to fly aboard and if an investor comes to Africa he has access to meet a lot more African businesses than they coming over.

And even if they want to hold it in America which isn't bad the website is so poor and it is pretty much being organised by one woman Mary Flowers who works for the consulting company and heads the black alumni association at USC. No evidence of past events, no program of speakers and topics, no list of partners and expected investor attendees nothing at all.

http://www.energynet.co.uk/event/powering-africa-summit-2017

Look at that link for the US Africa energy summit and DC and compare.

all you have to do is copy and paste some text from the site to Google and you can see the source where it was copied from. The text on climate change is from the UN factsheet on climate change copy and pasted.

The section on iRoko is from Forbes copy and paste. Please look at it from the visa officers view.

For all US embassies in those African countries to deny all invitees don't you think the event has been blacklisted?

shukuokukobambi:


And some unfortunate sods died protesting in solidarity with the African-hater some few weeks ago

I hope their family members were compensated with visa for life by Trump?

Let me go and listen to Trump's affectionate call to Buhari abeg

All the smart people are saying this.. So it must be true . The very best visa for life folks theee best So terrific!

No dude.. Your logic is the very wrong one here. Its sensationalism at best. You want investors in your business? you meet them and highlight several reasons why they should consider investing in your business (country) and not several other businesses (other countries) available.

You really expect me as an investor with loads of options and cash to move my fat ass out of my country to help an economy when those that needed help never came to me in the first place? You dey use juju??

ttmacoy:
Your logic here is wrong because it was organised by Mary Flowers to help American companies recognise the investment opportunities in Africa.

She is the head of the consulting company Global Green Development Group and also the head of the USC Black Alumni Association hence why only those 2 organisations are sponsoring it.

if she truly wants to help American companies recognise investment opportunities in Africa why not take them to Africa which will be a lot cheaper and easier?

They were probably refused the visa because the organisations don't see to have much merit and also probably past attendees 40% of whom were refused ended up doing a runner or didn't even attend the summit at all.

Go and look at the website below. Her objective is to help US companies see investment opportunities in Africa so why doesn't she take them to Africa where they can meet a lot more small businesses who cant afford to fly to America and who need investment?

http://www.agedsummit.com/

This so called summit is supposed to be in it's 3rd or 4th year yet we can't see any photos videos reviews of past summits, attendees or speakers. We have no clue who is speaking at this event which was cancelled and it is for 2 days. See below website for another submit and see how they have a program with speakers and topics etc?

http://www.ccausafricasummit.com/

And for all US embassies in all the African countries to deny all invites it must mean that summit has been blacklisted for previous visa abuse or there are concerns about the summit.

The ones i pity the most are those still actively wasting visa fees at US embassy. Even europeans are avoiding america!

DadojoReloaded:
Are you buying cash, paypal, skrill, netteller? Euro is scarce.

I'm buying cash.. Thanks for your reply

Guys.. Please where can I buy about €4000 at the best rates.. The only source i know is quoting 480/€, i feel this is too expensive!

Anyone in the know should please reply EDAKUN

ephi123:
Mr intelligent, why did you carry on typing. Your arrogance is quite nauseating. You can keep on typing your epistles. It will not change the fact that economies all over the world have proven time and time again that monopoly is not to the interest of the common man.

That all the anomalies you listed are happening does not make monopoly right. Several wrongs cannot justify another wrong. The topic of discussion here is monoploy. Those foreigners controlling the economy - who gives them the free for all and let's them get away with it? Who?

Anyway, I would rather use my time on other productive things today. Good luck to you with whatever reply you come up with, I'm not spending my time replying you.

That guy is doing his most possible best to educate you. You still choose to stick to your ignorant emotion-driven argument, chanting monopoly over and over again! In wole Soyinka's views, its sometimes the most disgusting feeling knowing that I share citizenry with people such as yourself

mccoy47:
Yawns! So you rich. #Cool story!


Quick question
How much have u spent on premiums?

How can you not be remorse for being soo dumbb!!! Fucksake stop littering the thread with a garbage of stu.pidity!!!!

AntiWailer:
You are still not making any sense.

Go and read about insurance and stop wasting my time.

When they steal ur car too, just buy another one instead of the cover.

People like u are the ones that lie on the road wen u break someone's rear light.

I av insured for years and all ur mentality belongs to the dungeon.


The last accident I had, airbag came out because of the impact. I came out like a boss, picked my laptop and called the mech to come tow the car.

MANSARD fixed it for hundreds of thousands. I know u av money to pay such too (liar).


You wonder why u hardly see anybody rolling on the floor when his brand new car gets serious bash? The secret is his insurance.

Use a credible insurance company and stop defending ur pathetic believe.

Don't mind the pathetic dumbo! People like him have so littered nairaland, it's almost become a website for dumb Nigerians! Only if I had a better source for Nigerian news and intelligent discourse!!

Nigeria, you are in soup!! The Neocolonialists are bent on keeping you enslaved! A leader that has the interest of the nation at heart wants to set the country on the right part but the western powers are bent on holding the largest economy in Africa back and restricted to their control! Firm decisions and everyone's support is needed at this time to stand up to the west, otherwise, your generation and that of your children will pass and you'd still be queueing in droves at foreign embassies to escape the hardship of your HOME!

An excuse of chibok girls and boko haram (that has been decimated beyond recovery) was given, and few days after signing the landmark deal with China, Samantha power (US ambassador to the UN) visits Nigeria.. this is besides the western media backlash Nigeria has recieved in the last week!! Fishy? ABSOLUTELY!!

Now, according to some news I read this morning, the government after several statement and excitement in the country about the China deal, announces that it didn't sign a currency deal with china?? Mogbe!

Don't mind people like barcanista and Seun (nairaland owner) who have suddenly become 'Naira devaluation activists' following a deal that would ease several trading pressure off the Naira. I personally know how popular media owners and active participants are recruited by 'the powers that be' to push their interests. It's psychology combined with hypnotism to rid people off their rational thoughts.. Unfortunately, this thing works if unchecked by people with equal talent/powers (story for another day)

I wouldn't know how far the government has surged with the reversal of the China deal but I will beg them to stick to their guns in the interest of the nation and the utmost fear of God. IMF and their programs have never worked for the betterment of our country. Forget corrupt leaders, they are all over the world.. the policies that they have proposed have weakened us from the giants we used to be to a country Ghana can now spit at.

If need be, solidarity matches should be conducted round the country in support of this one disciplined president and his deputy that are absolutely focused on waking the giant in Nigeria up!!

Nigerians wake up! KNOW WHO THE REAL ENEMIES ARE!!!

kenonze:
They should keep their secret to themselves.

Even when such names are been mentioned many people will still see it as either political or tribal.


#Bringbackourcorruption

Did 16 people just like this retarded post?? Nigeria is dead beyond revival!!

Do you hate this news? Its okay to do so, afterall its your choice, not any other person's.. One thing though, check your life pretty quickly.. Are you progressing or regressing? Hate of progress is one common attribute of people that keep failing. CHECK YOUR LIFE!!

dunkem21:
You have succeeded in saying nothing

You really don't get it No?

Here -- You hear and read various white supremacists' articles describing blacks as people with averagely low IQ and while you know this is an absolutely disgusting bullsh*t, you see ridiculously dumb write-ups in the front page of africa's foremost forum (nairaland) and then start to wonder if there's a bit of truth to this fallacy being propagated by the whites!

Everyone is entitled to their opinions but do Opinions have to be soo st#pid?

F#cking ignorant and dull trolls are gradually making NL a intellect-diminishing place to visit.. Imagine the set of comments upthere from some persons (or someone) that should be literate enough to make objective observations!

Feck!

amtaken:
Does Amechi think that paying the chief a visit will make him not to be a suspect in the attack of the chief?

Amechi has been doing everything within his power to see to make Rivers State appear like a distressed state.

His plan B is to heat up the polity the more if PDP win in the forthcoming elections so that Rivers State will be declared a state of emergency.

Only the gullible is deceived.

Amechi is like a rat which bites and blows it's victim at the same time.

We are watching.

The paedophile must be prosecuted and jailed!! I will personally petition the UN if that he-goat goes scot free!!!

I hope Ben Murray Bruce will be active enough to give this bill it's necessary twitter publicity..

sweetgala:
One question I'll ask is this

What is the source of the financing for this project, if more than 40% of it is from outside Nigeria. It is pointless, it follows the shale fracking principle of what is the use of gaining now to loose more in the future.

At the rate at which we are selling our real estate to foreign investors , while we create the illusion that we are partners where truly we are not beneficiaries but exploited people.

Okay they bring 300 million , but they are doing so to make a profit, well more than 300 million over a period of time but consequentially we owe them and are tied to their directives, Nigerians lack sovereign integrity.

We have to stop taking the cheap money China are throwing at us, it has to stop. It would mean an alternative more painful dig out but it has to stop.

Foreign investment has to stop?! Something every other country craves so badly! Sir, think deeply before you utter jargons!