hedonido:


Wouldn't even be more than N50, 000.

They're still struggling with the current N30, 000, let alone N155k.

thats not how minimum wage is calculated.. its calcultaed based on united nation standard of poverty level at $2 per day to which nigeria is a signatory to..nigeria will have to have higher thatn 2$ even if its 2.1$ to beat the united nation standard...it has always been like this for negotiation from time memorial, infact its always the very first point of negotiation

24hrUplift:


Yes.. the time you spend looking for scrab on the waste-bin to sell...so you can afford a $10 account on the Forex market.😡

See... Let me tell you, people like you deserve exile... from among others.

You deprived others from the light because you are afraid of your miserable fortune.

People like you are the ones that remove Rich men from their family so they can be the middle of attraction.

Oh... Are you surprised 🙀!
Because I studied psychology in school, I can easily pick the type of your kind just by reading your comment.

Everyone here can bear me witness how I have been helpful in this group (without offending anyone) before you start calling your mama a ForexGOAT.

But.. now that you have God to contend with, who will help you out.

Jealousy will continue to dry your bone every day.👈

See your neck now... only rope is remaining... not because of hunger... but jealousy.
.

Do you know the meaning of forexGOAT That's why the Goat is in capital letters.. It means GOAT=Greatest Of All Time.... Everything is not an abuse.. He was only hailing you not calling u goat as in goat

CodeTemplar:
lol. The internet never forgets. If I am chanced to dig, expect something.

Please what do you gain with all this tribal hatred.. You stir up tribal nuances everywhere.. Are you paid for it..
I understand attacking whoever attack your tribe but stirring up tribal stuff everytime even when it's not needed, are you paid for it bros

My muslim name is Abolaji..
Muslim names means name that has sound meaning and praise the almighty.. It doesn't have to be Arabic.. Every language is good and has names that are sound and praise the almighty.. Stop prioritizing Arabic language above your own language.. Every language is a language of God

flokii:
The time to pack out of Lagos is now.. ndi we have bought the whole of Lagos.

The real land owners want to sanitize Lagos State. All illegal structures and building must go down.

Lagos State is nit for sale.

Everything has to be reduced ti tribal.. Nothing dey this your brain again but maggot.. Nigerians including yoruba, hausa and igbo are victims of the demolition.. God go save your souls

seunmsg:
It’s the Jonathan’s playbook all over again.

So you know it was a play book and yet people like you echoed it for political gain forgetting that the country belong to us all.. Where is the result now

benuejosh:
You died for a just cause. You were not killed because you stole like an Obidient.

She died for a just cause?? See wickedness of the highest order.. Don't worry you and your families shall be a beneficiaries of such a good cause.. Let me hear u say a loud amen
.

jumper524:
The raid was not on bdc but on those Mallam engaged in an already outlawed activities.
BDC operators were only slammed with regulatory policy so as to tighten the loop holes they exploited.
The naira has been on steady gain ever since and today it's 1600.
I'm sure Peter obi was the same person who clearly stated you don't remove a teeth just like that because it aches you.

Corruption, underproduction are part of our problem, we aren't pleased with that but then we don't allow a new problem of negative speculation develope into a critical one because we are fighting a much bigger problem.
Problem in it's self is well managed at an initial stage.

I know you don't like obi but you criticized intelligently and even proffer additional reason.. This is how we should be not turn everything to tribal war and dick measurement.. I salute you bros

freshkpomo:

Before my very eyes, where I parked my car when I saw these government officials in their long convoy with siren, a pure water seller was SPAT ON by one of the police. I saw the Young boy cleaning the spit from his face, I felt so sad for him. No matter what that boy did, he never deserved to be spat on. He was not even the driver of the supply truck, he was a supply boy.

Why do those in power in Nigeria always abuse their power? That boy ought to be in school, but he is still struggling to survive and because you are escorting a government official, you spat on him like a dog.

You still think Nigeria is a country with humans.. An average Nigerian is not just evil but evil monster.. The heart of an average Nigeria is so full of wickedness, you can catch a glimpse of this wickedness even from their prayers in mosques, churches or wherever....that boy is already being thought to be wicked by the system and the community that ought to mould him.. Welcome to the jungle

emkz:
These are just temporary measures and are bound to fail. The forex market in Nigeria is like a hydra-headed snake. Cut one head; as you face another head, the first head will grow back. Cut the damn neck! In other words, let the CBN address the root of the problem instead of pretending they don't know.

Since last week, dollars injected into the forex market are mopped up.

Who exactly are those mopping up the forex?

What economic activity is tied to the raid of the forex?

Ribadu claims the activities of speculators are responsible for the hike in dollar rates.

My question to Ribadu is: why are the speculators not afraid of the government?

For many years, bank MDs have been accused of buying forex from CBN and the forex goes into the black market through back channels, for example, there are vulturistic abokis sitting in banking halls trying to buy off dollars from customers.

Who regulates those abokis?

If the $10billion the vice president said would come into the system enters, it would be evacuated by the same speculators which would not solve the problem.

My observation is that CBN has lost complete control of the forex market and are being regulated by the BDCs and population instead of CBN being in control. All over the world, forex trading is heavily regulated by governments through central banks.

What I also observed is that the dollars are mopped up by those who don't need them but are keeping them for a profit. Therefore, let CBN take complete control of the forex market through the following measures:

(1) Deregister all unlicensed BDCs. That market is heavily unregulated and until they are faced squarely by the authorities, the practice of the naira dying will not stop.

(2) Stop selling dollars to commercial banks as it is clear that they have failed in meeting their obligations to customers with the dollars. People who approach the banks for PTA/BTA and school fees are directed to the BDCs. Why do BDCs have dollars and banks don't? Even with banks, some people still approach the CBN to transfer their school fees. Infact, it was found that the banks had $5billion in their vaults. How come no one has been punished when these same banks created artificial scarcity to push people to BDCs?

(3) All banks should be compelled to show a statement of how they used the dollars they received from the CBN from the last two years. At least it would give us some ideas of what disappeared through the black market.

(4) CBN needs to carry out a tsunami on the banking industry. Use some bank MDs known for the forex fraud as examples by dismissing them for breaking the law.

(5) Once all these measures are taken, the CBN must protect all forex coming into the country to ensure the problems we currently have are not iterated.

In summary, CBN needs to take drastic measures to regulate the market.

There are other measures that can be taken to get the dollars from those who have stored them. Whether the CBN would have the will is something else. The Nigerian forex market is like those who pirate music.

Kill the black market for forex.

Very good suggestion and many more are still being provided but you and I know that those people u mentioned are untiocheables.. You and I know Tinubu can't touch them cos they are his cronies.. Most govt agents that will carry out this actions are cronies and even beneficiaries of this actions.. You and I also know that even the cbn governor is a beneficiaries of this same act including Mr president...
Make we siddon dey watch the show as it plays out..

Ttalk:


I am definitely referring to my parents

you definitely inherited it from them..sorry u shall be healed and not transferred it to your innocent children

LegendHero:
One good thing about politics is that while you’re out of power, you are the beautiful bride and you always know the solution to all problem.

When you get to power, you’ll then know say no be child play.

I remember when Bosun always criticize everything about the government. Now baba is the minister for communication and he saw that he can only get less done compared to the lot of things in his brain.

Obi can even say he will turn $1 to N1, some people go believe him because vegetable wey you dey use mouth cook dey always sweet.

omo u don calm down oooo, nigeria and tinubu don humble you sha.. this is lovely...tinubu, obi, and atiiku all have there strong selling point when we remove hatred from it.. there strength are meant for seperate situation...like the guy said up, tinubu is macro and Obi is micro...the situation of nigeria requires a micro manager and thats the sad truth, we neede tinubu when a micro manager has done his job not before, time like 2011 instead of GEJ....what nigeria need at the moment is akagum, someone that can save aggressively and cut down of excess but until we do away with silly political hatred we will never get it right and our population will continue suffering for it till the country collapsed patapata...

we can hate ourselves all we want but we should never allow that hate get into governance, when it comes to governance we should sharp like a hawk and aggressive like a tiger...i sincerely hope we will learn

Biodun556:
Should Tinubu continue this way to save the naira?

Consider the fact that defending naira means subsidizing the dollar buy selling it below market price, even though the billions of dollars are borrowed and few Nigerians had access to the cheap dollars

https://punchng.com/cbn-defends-naira-with-11-24bn-in-seven-months/?amp

dindinrin, is that not the same government you defended with sweat and tears for 8yrs thinking you are doing others?? all of a sudden you realized the bad economic policy.. why didnt you speak up like other sane nigerians then? instead you labelled every sane people that speak with bad title forgetting we will all suffer it.. people like you should be gathered and put on firing squad for the country to move forward cos with people like you in the polity there can never be progress cos una brain is full of akamu

garfield1:
A lot of people still believe obi won so I want to know if he won with just votes from SE and SS.


Mynd44
Nplfmod
Seun
Seunmsg
Kyase
Penguin2
Saintinoo
Mrvitalis
Declared
Seanfer
Casualobserver
Coolambience

everything to people like you is elcetion and not governance..its all about me versus you all the time..you have no care for people, all you care about is you delusion..a year after and you are still campaigning...grow up bros, people are suffering

Richtaiwo:

Your problem is complicated. You think the right to insult belongs to you alone. Now, you have thrown insult to a region who neither gives a rat ass about you nor your existence. But if this same insult is returned in the right proportion, you go on rampage that everyone hates igbos. Because you think it is you alone that should insult while others should praise you.

For your mind now, he is igbo.. Anyone that speaks against any ills in the society is igbo as if igbos are the only one that doesn't support stupidity.. Now u have shown your stupidity for generalizing.. Igbo this, igbo that.. The person u quoted is super anti igbo

Nvestor02:
This so called people are misinformed and they are blind to the what president Tinubu is doing. If you all can check all the news media.

There is overwhelming news of how the Police, Amotekun and Soldiers are arresting the bandits and kidnappers one after the other.

Eradicating insecurity is the first step of Nigeria greatness and Tinubu is not joking with it at all.

With security, Farmers will be able to go to farm and food will become cheaper.

The fact here is that most Nigerians Citizen has been pampered and spoilt by how Government dey pay subsidy for them.

Coast of living in Nigeria is one of the lowest, if you guys tour around the African continent you will know this.

Small bottle of coke is 200 in Nigeria but in Ghana its N720

And in south Africa it's N940, same as Zambia and Zimbabwe.

In liberia Bag of rice is around N170, 000.

Koni dafun e.. Kode ni dafun gbo gbo a won tone.. Oloriburuku omo ale jatijati.. Koji ragba fun gbogbo a won family e.. Eleribu omo

Ttalk:


Rate your 10 years old son and let me check something.

Many of you just assume democracy is a government you rule through fiat. How can one assume the country that has been bastardized for 25 years in this 4th republic with so much rubble from independence and through military rule will suddenly become a paradise in 10 months?

He has taken bold steps that are lacking among all the past leaders and the results of that decision cannot be seen in 10 months.

I will give him a minimum of 2 years to rate his performance

Mumu Don drop quote again

madridguy:
Go and sleep somewhere vampire. You're happy little children bloods are being sucked in Gaza but you're crying over internet cables.

And you are happy that a country is invaded and over a 1000 people are killed and several thousands of rocket are continually fired at Isreal everyday which without the iron dome the country would have turned to rubble.. Abi what do u have to say about thousand of rocket fired at Isreal everyday even as I type now..

madridguy:
You guys should stop commenting on international politics to save Nigeria from insult from outsiders.

But your own comment is right up there defending and praising terrorist.. Let them blow it up and watch your country people suffer more and half of the world population go back to stone age.. Well that's what you all want be that.. Bloody terrorist

Beremx:
and you have to use me as your case study?

sorry madam.. there are plenty people like you with clean and clear mind that were bought over with propaganda..if you have been following tinubu and his gang for years, you would have known how they operate...sadly there are still many more people like you that are yet to wake up and they are the missing link to our freedom in this country..until they wake up, the propaganda war, the religious war, the tribal war will continue to win and it will always be thanks to them everytime....

system21:

You guys are very funny i swear 😂 Africa was civilize in Nordic era and became barbarians in 21st century

u dey mind the dindinrin ni..imagine thinking..you were advanced in 12th century and become barbarians in 21st century

N3TRAL:
You fight Christians. Is APC an Islamist Sect?


You fight Igbos and mock Igbos. Makes me wonder if APC is an anti-igbo party?

I honestly have not seen a political party that is more stupid than this one.

How exactly will you unite Nigeria and solve the crises you led us into?

Watch and see how they will come and be raving like mad people here.

To them they think anyone that criticizes Tinubu supports Obi.

Please explain how you plan to save the naira, reduce inflation and tackle insecurity?

---

My response to the link below:

https://www.nairaland.com/7987611/obidients-what-exactly-problem-not#128229641

you a triblist too.. you turned everything to against igbo insted of speaking for all.. you are one of those that magnify the fault lines forgetting that we will all suffer it together...
Nigeria major problem is we love to cut our nose to spite our tongue forgetting both cant survive without the other... another person like you will wake by 2026.. in 2014 it was @Beremx before she woke up and realizing she has been scammed..
we shall all be alright laslas

SpartaOfLagos:
Talk about gross incompetence and I will tell you that the world most useless and foolish president ever known to man is Ex-presidiot Muhammadu Buhari.

He was so quick to call other people corrupt but he ran second most corrupt government that Nigeria ever witnessed after Late General sanni abacha.

Buhari is a devil incarnate. A hater of peace and very vengeful in nature. May almighty Allah punish Buhari anywhere he is right now, Ameeen.

Amen ooo, may guidance locate tinubu to not be like the useless fool of buhari..nigerians don suffer enough...buhari remain the most successful conman in history

SOSinNigeria:
From what I can see through my crystal ball, the future looks very bleak for North. I don't mean the entire geographical North, but the sahel Islamic part.

Tinubu has completely outsmarted them, and if it's a game of chess, this is what we call checkmate. Tinubu cunningly sold them a dummy that he is braindead with all the balablu rubbish. So, the Islamic North thought he was a vegetable and they're the ones that will rule by proxy. He also presented himself as modern day Alimi who is willing to elevate Islamic domination as well as core North supremacy. Unknown to the Islamic North, Tinubu was only stooping to conquer!

However, immediately he entered Aso rock, he removed the facade and started dismantling potential obstacles with alacrity. If his intentions weren't clear known, the latest overhaul in the military heirachy cleared all doubts. A careful look at the sweeping changes he made below:

Cheif of Army staff /Yoruba.
IG of Police /Yoruba.
Chief of Defence staff /Southern Kaduna.
Chief of Air staff /Fulani.
Chief of Naval staff /Igbo.
Chief of Defence Intelligence /Efik.

The two most important & crucial i.e. Army and Police went to his tribesmen!

As if that wasn't bad enough, dozens of other appointments in the military either had a Yoruba as commander or second in commander.

There is certainly going to be anxiety among the sahel North. Firstly, a Southern Kaduna man as cheif of defense staff makes mockery of El Rufai and whatever he stands for. Secondly, Tinubu is proving to them that whatever extent Buhari and his people went, he too is even ready to go beyond that!

Unfortunately for the sahel North, there is very little they can do about it. Because he who must come to equity must come with clean hands.

Lastly, the era of Sahel North dominating the rest of Nigeria is coming to an end. By being in control of both Lagos and Aso rock, Tinubu is now powerful enough to subdue them. To make matters worse for them, the middle belt is no longer on their side. So, they will either accept their new place or risk losing everything.

as much as i dont like tinubu. i love his appointment so far as par service chiefs...whatever buhari did to destroy the country unity, Tinubu will do it unite the south eventually..the powerful north is getting over slowly and surely, all thanks to buhari

helinues:


Mention the person I have trolled on this forum, infact post screenshots of it, if you can't, then bury your head in the soakaway

I look like you wey no get job to be screenshoting ur comments ba.. Sir werey.. Your action on politics section is all about trolling others and spewing hate everywhere.. Babu sense at all..

Jogs1900:

What helped Peter Obi in the Anambra case was that Obasanjo had issues with Ngige. all because Ngige sidelined the Obasanjos boys(the Ubas). If not, obi wouldn't have won the tribunal case in Anambra.
Nigeria no be Anambra

I short you are supporting injustice.. All you care about is how you feel not what is right..
Why not simply hoping true justice prevail if you actually love the country.. We all want the country to get better not not willing to do the right thing nor support it..

helinues:


Na FG dey buy data for me, na FG dey pay my bills?

Guy, can't you also see the damages being done to your reasoning. You have finally lost it.

Stop using your precarious situation to judge others, we are productive herex we can never stoop so low to the level of trolling others not for a second not to talk of a day.

We will continue to be rememberong you in our prayer sha.

May you be healed from spirit of trolling

see your big lying mouth.. you that trolling and hate is your middlename and last name... you cant live a second without exuding hate and trolling from your balck heart...dey play sotigbo

lhordspy:
Women sha.

I saw when the latest girl he impregnated ( his fifth or sixth) was all over Instagram jumping all around, going around in matching-wears licking ice-cream, posting herself and portable. Calling him sweet names. I just shake my head.

In this life, just have money even though you are not mentally alright. I mean, portable is not even a billionaire. But he is with 4 wives and uncountable concubines. Not only that, he make sure he ridicule womanhood by bragging about it nonchalantly. And yet, they cant stop coming.

My daughter must be educated to Phd level by God's grace. And she must be independent. God will not allow my daughter to be ridicule and made useless by a psycho-like person just because of small-change.

so u get sense like this?? na politics dey turn you to mumu that u stopped thinking..hallelujah

Biodun556:
Defending naira is not new. It has been the practice since 1999 but it is more prolonged and consistent under Buhari government.

Forex market indices and CBN official rate created two prices for dollar under Buhari government.

Sources of dollars in Nigeria are:

CBN from crude oil sales

Foreign investors

Exporters

Remittance from Nigerians abroad

If a dollar goes for 1000 naira, government may feel embarrassed and ask the CBN to defend the naira. CBN does this by selling the dollars realized from crude oil sales at a lower rate eg 450 naira to a dollar.

1. But unfortunately CBN does have control over the dollar inflow from other sources listed above.

2. Other sources of dollars will like to sell at the price dictated by forex market to get value for their money

3. The dollars with CBN is not enough for Nigerians who needs it to import goods, raw materials, pay school fees abroad etc

The scam

1.Those who got the dollars from CBN at reduced price returned it back to Nigerians and sell it at forex market rates (1000 naira) instead of spending it abroad as CBN expected.

2. If Dangote for example buys dollars from CBN at the rate of 450 a dollar, import wheat to make spaghetti, he sells the spaghetti at same price the other company that bought the dollar at the rate of 1000 naira. This is a big scam

3. Selling dollars at a cheaper rate i.e. 400 naira compare to original value of 1000 for example is a way of looting the treasury because few influential Nigerians had access to the cheaper dollar and then resell to millions of Nigerians at higher price

God shall punish people like you.. it was still the same you that defended everything buhari did and call anyone against his buffonry policy thinking you are playing politics but turn around now to b against the same buhari u defended his all that enabled him to destroyed the country.. all that you lot care about is your ego and god shall deal with u due course if there is actually something like god