₦airaland Forum

HopeGying:
$10 annually? Access charges no fee besides withdrawal fees.

No fees at all.

Just that yearly 10 USD charge.

GreaterFuture:
Till today, After opening mine with GTB... Writing letters and getting a Card (paid solid money for it $14 total thereabout ) I've not been able to use the card for due to one process thing, requirement or the other. Very Poor Experience


Or which do you use/recommend?

Call their customer service to authenticate the activation status of your card

Also, the issue could be the particular merchant / terminal that you are trying to transact from. Try another merchant or site.

Mine have been working perfectly from day one.

Just open a Domicilary Account is better than all these virtual dollar cards...

I'll get better rate from Aboki and they have MasterCard or visa cards.

I have a GT MasterCard for my Dom acct and I usually buy USD at #740 - #745 from Aboki.

They only charge you $10 annually from your naira acct at official rate. Far better than all these useless virtual cards.

flokii:
I've been thinking of solar powered buses to go together with CNG & Autogas powered vehicles and electric vehicles... Nigerians should embrace bicycles too.

That does not stop the reality of the prices of goods and services that will skyrocket infront of you.

BloomingDale:
They were borrowing to fund the subsidy.

I know people like you. . You have access to survive and most likely gained access to the country's stolen Commonwealth someway.

That is why you are typing rubbish selfishly and senselessly.

People like you don't even come out from you over fenced duplexes to see how the masses are suffering on the street. Rubbish.

Ismael97:
Useless, wicked and insensitive bunch of jokers called Leaders. The proceeds from the removal of this subsidy would be looted by Tinubu and his cronies. This economic policy is inimical and detrimental to the interests of the common Nigerians

They are only interested in what they will share from it. Thieves.

It's.not like they care about the nations liquidity or masses. Armed robbers them.

SalamRushdie:
Here we go again ..I am tired ...let them allow this 490 and let's move on , this strike will only worsen fuel scarcity

You are crazy. Because you have money. . Abi?

Do you know that nothing less than 13 people begged me for food or money yesterday alone when I went out in Lagos.

More that half Nigerians won't be able to afford on meal again if we don't tackle these criminals.

HIGHESTPOPORI:
Very good, the same way this people didn't trust Jonathan Govt to remove subsidy and use the money for development.We don't trust them now to remove subsidy and not loot the money.

Comrade, your head get oil.

vowiski:
This man surely knows how to deceive his gullible followers .. so smart

Don't mind the clown.

After selling Nnpcl to his himself.and cohorts and buying almost 60% of Dangote refinery.

He masqurades too much.

Alliswell248:
Nnpcl is now a private company same way as Dangote. No more free giveaway. Nnpcl wants to make profit, whether the product was sources locally or abroad. That is what he is saying.

Buhari sold Nnpcl to himself and closest cohorts and the same cabals also acquired / funded around 70% of Dangote refinery.

Therefore, he still milks and runs Nigeria significantly. Tinubu has met noting on ground and he want to create his own flows too.

I pity this nation.

God have mercy.

We have old greedy animals ruling this country.

Heartless and stark selfish demons.

juvewalex:
He didn't explain why local production won't reduce fuel price , if you're producing in Nigeria, will there still be a landing cost ?

Nigeria government is never straight forward in dealing with its citizens.

Na still corruption be this anyways.

In other words, it is the citizens that will now be subsidizing for government expenditures.

That is why they can never come up with any meaningful analysis or explanation.

Agadinaagwuofe:
Well...it seems nobody wants to give you heads up so let me oblige you. Devaluing naira simply means CBN officially raise the naira value against dollar in exchange rate. To put it in perspective, it means the official exchange rate against dollar which initially is #460/$1they have made it #630/$1. It is not a good sign because the black market rate will sky rocket and that's where most buyers get their exchange. This will increase cost of importation which will also increase prices of all the goods you will buy since Nigeria's economy solely depend on importation. This is layman explanation.

I don't thin your logic will apply in this context sir.

The black market as.at yesterday in Lagos sold at 750 naira averagely even after the news.

The aim of Tinubu's economic team is to bring to a parallel the official and black market rates.

Buhari was not business oriented and almost killed all business concerns within the country. The major business of his Aboki cohorts was BDC so he created that huge, unimaginable margin of about N400. They were cashing out heavily at the expense of Nigerians.

Angelfrost:
There is no honest or incorruptible Nigerian politician... Not one!!!


Even if he is a pastor or Iman... As long as he is holding a political office, forget it! He is CORRUPT by default!

Fact, bro.

For now, the system is too filthy.

BreconHills:
You guys don't get it. NNPC cash flow cannot support subsidy payments.

If a family cannot afford three square meals they go to 001 or 010 or something like that. They don't go and keep borrowing to eat three square meals because it will dig them into a deeper hole.

If you force NNPC to cough out money from its reserves for instance, then it will can only buy less fuel than it used to = scarcity. What does scarcity mean? Black market prices.

So Government will be spending money on subsidy and yet prices are still black market prices because it can't meet demand.

We've been here before na. Private companies should shave their margins and provide verifiable palliatives which the government can offset with tax rebates. Those who work in government can be given palliative. Private sector especially organised private sector should sort themselves out

Bro, you don't get it.

The issue is not about removing the subsidy. ..but which direction are we heading?

Even the quoted price they are forcing th masses to pay now is a hike and the govt knows that. . So there is no transparency in processing and systems.

We can't get anywhere with that. Even some monies are being saved now as claimed, they will still misappropriate about 90% of it into their personal pockets leaving the masses into more sufferings.

I like the word "for now".

The price quoted by NNPC is of course a hike if Bonny Crude is at 80 USD / barrel and their transaction rate is @N463 or there about. A litre's end price should be at #390 max, that is, after importation.

Now, if Dangote refinery has not shared it's products to the market, we will keep watching ,. Coz I can't imagine hungry Nigerians now ignorantly paying subsidies for lavish expenditures of our executives.

If price doesn't go down gradually after Dongote starts producing, then we have a more serious issue and we will tackle it aggressively.

rickpat:
it will be stolen or used to fund the luxurious lifestyle of POLITICANS... I'm sure of that...it's a shame Nigerians will be the ones to always pay the price of suffering

The price NNPC is quoting is a huge scam.and hike.

Look, after refined within Nigeria, the price cant be more than #350.

Thieves.

N3TRAL:
Every bachelor should find a wife like OluRemi Tinubu!

She is humble because there is money and game with the man.

olatade:
This is what I voted for honestly. In those days you will be hearing 'I am not aware'

Tinubu is sorounded by Yorubas and they are very educated and exposed. . Not like the donkeys that Buhari put around him.

Stomach infastructure things. .

FFK, Foyose, Dino Melaye wanna be.

An empty and noisy chameleon.

Trying to find space in the new system.

Disloyal and unstable image maker of PDP.

Man of no character nor nobleness.

Men that should not be mentioned in the mist of glory and greatness.

juman:
Those redeemers are passionate supporters of jagaban.

The first lady is a pastor in the chruch.

NOC1:
He who pulled out Dantata strong, just like saying Mike Adenuga came to your political gathering

Dont compare Dantata with Adenuga. .

Dantata na ancient pillar. . A giant amongst legends.

If the fiance of this lady mistakingly opens her phone now. . He go surely get high blood pressure or stroke.

Na serious national food now. . Very son, she will surpass Linda Ikeji and Toke Makinwa mansions on the Island.

Reason they (the cabal) didn't want to give Tinubu power. .

Nobody can control him. . And he doesn't send "One Nigeria" like Obasanjo.

Get charged.

Shattuck:
I hope tinubu understands the importance of federal character, there is a difference between managing Lagos where you can fill all positions with your tribesman and loyalist, the national level is a different ball game entirely, I hope he understands this considering the fact he ran his campaign on an ethnic agenda.

Who cares. .

Buhari did the same during his time. .

That is why they didn't want to give Tinubu power. . He will not be controllable by anyone. .

Tinubu no send anyone. .

Enough of Abubakar. . Seleiman. . Etc.

He (Tinubu) is trying to recover the multi-million dollars he spent during the elections quickly. . His first agenda.

Hmm, Nigerians moving from the hands of a light cabal to main ones. . The slave masters.

SalamRushdie:
Starting off on a very bad note as usual...he hasn't even resumed to put in place things that would prevent speculation and rush buying

He needs to recover the al.oat 300m dollars he spent on the election. . Una never learn. .

BabaO2:
Greediness ruined osinbajo's once glowing political career. His wife once again can't take the shame, she avoided coming with him for the inauguration, samething she did at the Apc presidential primary

Does his wife view matter?

Woman are mostly inconsistent na. . So park well.

What MKO was unable to do, this man did it.

But many years to come, people will still see the good role Obasanjo has and is still playing as a noble elder for the nation.

Hmm. It is well.

They sacked Lampard. . and saved their season.