Coldspice: They are eradicating BDCs, not the black market. BDCs are a part of the black market, not the whole thing. In every economy, you have the black market. Your Binance and P2P sellers are part of the black market.
The BDCs have bitten the nail, others will follow. Today's rate on GTB is 1,350. How much is the dollar on the street? 1450 I sold today
Connect your fingers to your brain before posting.
Seems CBN has quietly re-introduced their policy where people abroad can no longer send foriegn currency directly to folks in Nigeria. Folks in Nigeria now can only receive the naira equivalent of the money sent.
I've checked Western Union and seems to be the same as well. Moneygram still allows dollars to be sent, but can only be picked up. Can't send to a dorm account any more.
Okortor: This Guy is too good abeg, besides nobody is hailing tinubu for bringing this luck to super eagles in his time as president but if reverse was the case, they would have been shouting bad luck up and down, claiming he brought bad luck to the super eagles. Biko what's worth doing is worth doing, let's applaud our presido for this good luck during his time as president because buhari's 8years was total bad luck to everything that he affected AJ's career badly.
robosky02: South Africans attack Chippa United boss after declaring support for Nwabali & Super Eagles
Chippa United chairman released a statement to disclose the club's support for their goalkeeper Stanley Nwabali and the Nigeria Super Eagles. Chippa United chairman Siviwe Mpengasi has sparked outrage in South Africa after he declared his support for club star Stanley Nwabali.
Pulse Sports Nigeria can report that the Chippa United boss released an official statement to reveal the club’s position ahead of the clash between Nigeria and South Africa.
Chippa United and Super Eagles In a lengthy statement posted on the social media platform, X.com via the club’s official account, Mpengesi congratulated the Premier Soccer League for having the most players at AFCON and applauded Bafana Bafana coach Hugo Broos for selecting homegrown talent.
However, he then proclaimed that he and Chippa United stand behind Nwabali, who is the club’s first-choice goalkeeper, and the Super Eagles against South Africa due to the player's rising profile. Nwabali plays for Chippa United and has impressed at the tournament for Nigeria.
“As the Chairman of Chippa United FC and as a proud South African, I find myself in a unique position during this 2023 AFCON tournament in that our very own Nigeria international Stanley Nwabal has been a revelation, his performance for the Nigerian National Team has caught the eyes of the globe, earning him and our cub international claim,” he said.
“With Stanley's rising profile and the international attention it brings to Chippa United FC, the benefits have been nothing but positive. Therefore, I and Chippa United FC stand behind our player Starley Nwabal and the Nigerian Super Eagles tomorrow against South Africa,’’ he added.
Reactions Mpengesi's comments have drawn intense criticism on social media from South African fans, who felt the chairman should be supporting his own nation.
Many have viewed the statement as a betrayal to be wishing an opposing team well. Here are some of the reactions.
With Bafana Bafana aiming to reach the AFCON final, Mpengesi's divisive remarks have cast a pall over preparations.
Do they understand that club is a business n hav no relationship wit nationality?nwabali has made d club money rite now becos his transfer price done increase meaning chippa will hit big on top nwabali ....its jst like chelsea refusing to praise Drogba during worldcup btw england n ivory coast becos of his nationality. SA guys are really backward in terms of basic orientation....they really do hav low self esteem
Bigkoko: Wait until Dangote refinery crude demand from US puts pressure on already pressured Naira!
For Dangote, it should have been an end of an era, but father Xmas Emefiele and Buhari somehow kept him up in his bogus, non feasible refinery project!
If Nigeria was prudent without obligations to debtors, maybe Dangote could have gotten crude, but 80% of Nigeria current production goes to debt financing!
I will be breaching confidentiality agreement, if I put out information I read in documents prepared by international Auditors like PwC and KPMG.....
Dangote is gigantic failure fed by the corrupt ruling class in Nigeria for pitiance kobos at the detriment of the good people of Nigeria!
I always knew something wasnt right abt d refinery.from d 1st time i heard its d biggest single train refinery in d world. I immediately knew something was wrong.if oil majors dont build refinery that big it means there is a reason as its not a good business idea..another thing I know is refineries are normally build where it is easier to transport crude them.meaning dangote refinery cannot survive without Nigerian crude as bring from us is a long voyage on VLCC . Dangote is a thief who's hand is deeply rooted in nigerias treasury via politicians n d cabals
MsAllison: Enough of these undeserved respects. We deserve better from wicked capitalists. Dangote does not deserve the respect some people are according to him and here are the reasons: A country with abundant crude oil but imports petroleum products after exporting the crude oil. For decades government have been trying to figure out how to get some refinery working so that at least we can start producing our petrol and save dollars used in importing these petrol. You came as a knight in shining amour and told the government that you'll build a private refinery but you'll be needing loans and unlimited access to subsidized dollar at CBN subsidized rate. Government was very happy that they gave you loans in dollars and sold dollars to you at 300 naira against the black market rate. You got lots of tax waiver all at the expense of the poor masses who had hopes in your refinery. They wanted to complain but the government told them to relax that your refinery will ease the pain and stress on the forex. So in theory, your refinery will buy crude oil from our unlimited crude oil deposits, then refine it and sell to both local and international markets. with this theoretically dollars will be saved and our currency will be strengthened. Fast forward when you completed your refinery, everybody was happy, speculations on how your refinery will make the naira stronger again flooded the homepage of our dailies. Today, our hopes are dashed after learning that you'll be importing Crude oil from the US. Haaaa seriously ? Then what's the essence of building this refinery since we've ended up in the same circle of importation again ? So what's the difference between this and someone that imported an already refined petroleum? Some persons are even defending this telling us how Dangote Refinery is a private investment. Yes you're right but it was built with the help of the masses subsidized money and lots of tax waivers so he owes us some patriotism acts. A selfless business man would have focused of refining Nigerian crude oil for some years, at least to ease the burden. Now he has added to our burden because imagine Dangote hustling dollars with an average man that needed the dollars to import raw materials for his manufacturing company. This is not fair to Nigerians and we must demand accountability from Dangote. he owes us that because he has thrived on government support at the expense of the poor masses. He must be the solution and not add to the problem.
Ms Alison.
While i agree wit u...i will like to brainstorm wit u a bit of wats really happening in nigeria.we hav 3 refineries that are supposed to be producing products.govt is always pumping billions fpr turnaround maintenance bt d refinery works only 1 months tops n stops.my question now is,if really govt ever xpected to run d refinery why do future sales wit our crude?now dangote refinery is working bt cant even get crude to work half capacity becos naija future crude production has been sold.Also,dont 4get dangote was given alot of dollars at less than market price jst to help wit his dollar demand to build refinery. This people are deceiving us perioid .
In a recent turn of events, renowned Nigerian media personality, Dele Momodu, has found himself in the midst of controversy after posting a video on his Instagram account showcasing a power outage at the Lagos International Airport. The video, which captured the blackout situation, has sparked a wave of criticism from Nigerians who argue that Momodu's actions have portrayed a negative image of Nigeria to the global audience.
The incident unfolded when Momodu, a well-known figure in the Nigerian media landscape, took to social media to share a video highlighting a power outage at the Lagos International Airport. The footage depicted a dimly lit environment, with frustrated passengers navigating through the darkness amidst the outage. The video quickly gained traction on Instagram, leading to a flurry of reactions from the public.
Critics argue that Momodu's decision to share the video was irresponsible, as it could potentially harm Nigeria's reputation on the international stage. They contend that such negative portrayals can contribute to the perpetuation of stereotypes about the country, impacting its image and deterring potential investors and tourists.
May God punish all of u bastards that are saying we should hide frm d world that light goes off in our airports.Nigeria is a funny country wit idiots that enjoy suffering in silence.
uche87: As Nigerians pass through the UK, the UK is also passing through Nigerians. Dogmatic people are gradually becoming liberals either consciously or unconsciously. People's perceptions on religion, homosexuality, sex, marriage and other issues are gradually changing. As a social scientist, who is vested in human behaviours, I have observed the changing patterns of the perspectives of Nigerians in the United Kingdom concerning marriage. Recall that the number of married people in England and Wales as at 2021 was 46.9%, dropping from 49.4% in 2011 according to the Office of National Statistics, ONS. Despite the economic hardship in Nigeria, it's 66.2% in 2023 according to the CIA.gov. But in the UK, the anticipated weekends of social gatherings which includes wedding ceremonies as we have in Nigeria, are being replaced with constant 'work shifts.' It appears nothing is happening on weekends abroad unlike in the home-country, Nigeria.
Can we say the idea of marriage is becoming obsolete? The answer is neither here nor there. The African perspective of marriage is cultural, procedural and religious. There is a popular belief that a man's success is not complete if he is unmarried or without kids. He is likened to a snake that crawls on the rock and makes no mark. As for the single woman, she is likened to a queen without a crown. She is like a beautiful asset without an owner. These are highly sexist views anyway and not necessarily true. Then again, religion frowns at premarital sex and promiscuity amongst women could be vehemently condemned in Nigeria. Many would say the purity of a female has a link with the number of men she lays with in bed. 'Body Count' is a deal breaker in Nigeria. One of the major religions in Nigeria - Christianity abhors premarital sex. Marriage is also seen as a blessing. 'The man who finds a wife finds a treasure, and receives favour from the Lord' the Bible says in Proverbs 18 vs 22.
Several women also venture into marriage for economic survival. The man is like the warm jacket that shields the woman from the harsh atmospheric conditions. I am also not oblivious of the fact that some Nigerians genuinely fall in love. In my opinion, the percentage of this category of people is low. So basically, most parties have no deep conviction of the membership of the institution of marriage. It is seen as a box to tick. It appears as that regular next phase in life. The resultant effect is why the men mostly go about cheating a few days after their wedding party. And the women also dread paternity tests more than the marauding bandits.
The UK Problem
The social construct about marriage in Nigeria is not valid in the UK. Sex is not mostly seen as immoral as long as you are 16, doing it safely and getting it by consent. The society is deeply irreligious, so nobody frowns at premarital sex. Instead of marriage, people do 'partnerships' in which they enjoy all the dividends of marriage. This might last for 5 years or almost a decade before they ever think of walking down the aisle with their partners. Unlike Nigeria, nobody stigmatises you because you are a single mother. In most cases, the single mother status attracts societal sympathy and support from the government.
When a party is too keen on marriage like we have in Nigeria, it might be erroneously assumed that the person might be seeking travel documents to remain in the country. Romantic intents are hardly seen as genuine. Just like China, marriage in the UK and other western countries come at a significant financial cost. It requires strategic planning. Some men are just comfortable in their studio apartments with their Mercedes Benz vehicles. They feel they are in full control of their lives, managing their living costs within the barest minimum. They are not ready to incur any more financial burden by renting bigger houses, paying extra power & water bills and also the cost of childcare. Childcare is also time-consuming and time in the West is money. Childcare is widely seen as an unpaid work that only those with futuristic views will enjoy and endure. Importantly, feminism is very strong in the UK. Men have argued that the laws protect the women to the detriment of the men. This issue has a historical undertone which I will not address due to the present length of this article. The women are seen as the recalcitrant customers in the banking system who are always right because they are the sole of the business.
There seems to be an epidemic of lack of submissiveness amongst Nigerian women married in the UK. It is worse amongst married couples who met themselves in the UK. It is as catastrophic as having two expert drivers on the same vehicle steering. The drama could be intense with every man living in fear of being divorced with allegations of physical, emotional and psychological abuse against the estranged wife. Controversial influencer, Andrew Tate in a podcast believes the idea of your ex wife taking over your assets after divorce is a red zone for men. He added that child support as backed by law has also been abused by women. Men are so complicit in this case. Some Nigerian men are not real men, they are more of 'boys'. The want to use the device between their legs graciously without any sense of responsibility. They are just obsessed with sleeping with numerous women, and the UK has got an abundance of them in different shapes or form. It appears their ego is attached to promiscuity.
African men have a patriarchal idea of marriage. The man is painted as the head of the family and the woman is seen as the supporting backbone. If they are going to lose their say in their houses where they shoulder most of the bills, then what is the essence of marriage? For the record, I have nothing against feminism. I am only uncomfortable with the fact that it is one of the most misunderstood and misused concepts on social media. It is interesting how the activists on social media nit-pick when the tenets of their idea of feminism are being defined. A feminist who believes in equality would have her humongous bride-price paid by a man. She might also abandon her feminist stance when it comes to who pays the largest bill within the household. But when it comes to wielding power and taking strategic decisions in the home, feminism stands.
Coming back to the UK, marriage is not attractive to Nigerians anymore. People only keep multiple women for the purpose of exercising their waists when the pressure is intense, and when abject loneliness kicks in.
The UK is blessed with several beautiful, naturally endowed, intellectually endowed, and successful career women from Nigeria who are single, but no man is ready to offer them a 'permanent contract'. Most men just want to play the role of 'mechanical engineers' tasked with the responsibility of servicing the machine to prevent collapse damage in the foreseeable future.
Osahon George Osayimwen writes from England
CC Lalasticlala Seun Ishilove Mynd44 Dominique MissyB3 Fynestboi NLfpmod
Well maybe its not d same uk i lived for over 5 years.bt as per my knowledge...my spec no too dey uk like that.most naija women in uk are jst too fat or ugly.u will see more beautiful black women on d steet of oshodi than in uk.
D technicians still become managers.wat as most of dem later update to msc level while working wit less stress.their employment margin for bsc is very small...bt mch larger for d tech guys as engineers are always needed in high demand
Datedoboy: When will you get that they are trying to save cost? See what you said. Bsc as managers. Except a person don't want to get to managerial level and want to be a subordinate all through life then such a person can go to Polytechnics
It doesnt matter wat they trying to do...we are talking of employability n m telling u if u hav a distinction in mech eng or electrical engineer u hav a higher chance to get work in oil n gas than someone wit bsc 1st class mechanical engineering. The companies dont need people wit bsc as their technician...hnd is ok for them as they will also take years to train this employees to d standard they want.
Paraman: A socio-cultural group under the aegis of the Fulani Youth Association of Nigeria has decried the continuous detention of the President of the Miyetti Allah Kautal Hore, Abdullahi Bello Bodejo, by the Nigerian Army.
The group, therefore, called on President Bola Tinubu to urgently intervene in the matter in the interest of equity and fairness for all citizens of the country.
This was contained in a statement signed by the Convener of the Fulani Youths Association of Nigeria, Mohammed Suleiman, and made available to journalists in Lafia on Saturday.
The statement read, “We are aware that Bodejo was picked in his office for some days now and he is being held at the facility of the Nigerian Army in Asokoro without charge.
“The Nigerian Army is not empowered by our laws to detain any citizen. The Police and the Department of State Services are the only ones with the power to detain a citizen. Keeping Alhaji Bodejo for this long period is illegal.
“By this illegal act, the Army is going outside its constitutional duty. They should hand over our leader to the Police or the DSS and grant them records of whatever they are investigating.
“We call on the President of the Federal Republic of Nigeria, Bola Ahmed Tinubu, to as a matter of urgency order the immediate release of the Lamido Fulbe, Bello Bodejo.”
The group also described Bodejo’s continuous detention without trial as “unconstitutional” and “smacks of impunity of the highest order.”
“If the Army has evidence against Bello Bodejo committing any offence known to the law, he should be arraigned before a competent court. Subjecting him to illegal detention is an infringement on his fundamental human rights as enshrined in the constitution,” the statement added.
Sunday PUNCH gathered that Bodejo’s arrests may not be unconnected to his recent establishment and inauguration of a 1,144-man nomad vigilante team saddled with the responsibility of fighting against banditry, cattle rustling, and all forms of insecurity in Nasarawa State.
Look at this foolish n selfish youths. So its today u realised d law of detention in naija.all d numerous people that hav been arrested without trial for decades in naija are 2nd class citizens abi?leader of shite that was arrested by army nko? This people are jst bastards
Datedoboy: If you are reading this and you want to enroll in a polytechnic or have someone who wants to enroll in any polytechnic in Nigeria please I'm on my knees crying for you. Don't waste your future.
Instead, go and learn a trade and keep applying for jamb.
I repeat, please and please i beg all students of any polytechnic in Nigeria to boycott Polytechnics and sit for jamb again.
We were lucky we escaped the polytechnic slave camp but most people are not and the senior citizens in Nigeria keep operating and encouraging people to go to Polytechnics.
How can you encourage your fellow man or woman to go to polytechnic and you call yourself a Christian or Muslim?
Will you be happy seeing your children fall into a ditch? Why encouraging other people's children to fall into the same ditch?
Those adamant ones who will read this write-up and still say it doesn't matter. Do a quick research Check, most polytechnic lecturers don't allow their children go to Polytechnics ( a.k.a fall into a ditch)
We can't be treating some citizens as slaves and keep encouraging slave camps. Recently, a polytechnic was threatening students who refused to pay the hiked school fees not to come for test. Please o yee prospective slaves, that test cannot help your career. Ruuuuuun for your lives.
Most Corporate companies in Nigeria see Polytechnic graduates as failures. People who couldn't pass Jamb and couldn't enter university because they are dull slaves.
Truly i tell you, a BSC Graduate with second class upper is more valuable than a HND Graduate with distinction and years of experience. Truly i say unto you, the former has a better career path than you..
I have many sad experiences of friends who spent years in Banking and later got BSC but were still paid a slave wage because they were employed with HND while a fresher trained on the job by them, who was employed with BSC, earned over 200,000NGN and kept earning higher than them.
Even if you later get BSC or MSC on the job, most Banks won't recognise you because that HND you started with, has dented the image their HR have of you. To them, you started as a failure and also to them, once a failure(those who started their career with HND), always a failure.
Asides the payment, the stigma is terrible believe me. You will train the new staff with your experience but you won't grow career wise. You will be mocked at the end. Imagine the fresher you trained, becoming your team lead and scolding you just because you have HND.
If you ignore this message, you will learn the hard way.
Most contract workers in Banks and many organisations are polytechnic graduates. I warned my brother after he got admission to Yabatech that i see an apprentice as better than him. He was shocked! Today he has his BSC and he is doing fine.
Don't be a hurry and let that OND or HND be a stain to your life. God is fair to all but Nigeria government, politicians and lecturers are not fair to Nigerian polytecnic graduates. See them playing ping pong with converting polytechnics to degree awarding institutions or scraping Polytechnics entirely.
Don't let anyone play ping pong with your life or that of your children, friends or even enemy.
Your mantra in 2024 should be No gree for any polytechnic
A word is enough for the wise !!!
I work in d oil n gas sector...companies like shell,chevron ,nlng etc rely on polytechnic graduates for tech jobs.Oil rig workers etc are usually mech or electrical engineering frm polytechnic. Dont be ignorant.if mobil employ 200 peopl..180 will be technicians wit polytechnic hnd as their engineers.they do not employ bsc as engineers bt as managers.We hav more bsc graduates engineers who are jobless than polytechnic
Tribalistic pastor...wen traditionap rulers were kidnapped n killed in kaduna...wetin u talk? Now it has happened in yoruba land ..u now hav ur tongue.
Nigerian women are the cause of dollar crisis - Isaac Fayose
We hav alot of fools in d country.Reno said if he was tinubu,he will ban human hair importation as it causing naira to fall. Now my question is wat percentage if fx is used to buy humain hair or pay alosho like d other fool said?How can u leave tins like pilgrimage,rice importation,frozen chicken importation n ne talking abt banning human hair or bum transplant....very stupid lots
dangermouse: I rate him below par. The worst Nigeria has ever produced. We thought we have seen it all in Buharis time, but where we mistaken!
I rate him 2/10
I hate tinubu wit passion. Bt u will not say buhari us beta yet...nt tinubu regime is useless too so far.i jst cannot find any other president more fooling than buhari d dullard
This was d nonsense we were avoiding...Buhari spent his presidency recharging battery without knowing wats going on in the country. Tinubu was already a ill man bt forced himself however on d people
[quote author=NLCreator post=128264765][/quote]They do that wen there is a coverup.if not why in hell will faces of people caught wit evidence n guns be turned back.