₦airaland Forum

pedel:
Aregbesola caused all the problems in Osun. He brought a wasteful culture from Lagos state where they build a wordpress website for 78 million naira. So many useless programs from Aregebe that are not sustainable. O' Meal, O' School O'Debts etc.
Which school in developed country give students free lunch? They spent billions of naira on feeding kids instead of creating enabling environment for the parents to be able to feed their kids. For what use is the helicopter in Osun State?
The man increased the debt profile of the state for nothing. He was busy building statues and tallest drums. Aregbesola has GEJ's gene in his blood. The award for the most reckless and corrupt governor in Nigeria should go to Aregbesola. By the way I am pro PMB.

Don't call him corrupt if you have no evidence. However, you can say he is incompetent and incapable of running the affairs of Osun state because of the obvious breakdown of activities. He should either resign his position or be impeached.

Chiefpriest1:
The judiciary remains one of Nigeria's biggest problems. Because they are held sacred and not prone to public vilification, they behave anyhow.

Indeed there are some of them that are incorruptible, but they are in the minority.

There should be a total overhaul of the entire system

Sometimes I wonder why would a Judge be corrupt. He is being taken care of by taxpayers. He pays no rent, gets allowances and being provided with security. What more can a man ask for other than his greed ruining him.

@Talabanis I want to thank you for your kind gesture in introducing me to the satellite installer. However, I must express my displeasure with the way he handled the job. He is unprofessional and as I write this, he is yet to complete the job. I have paid him 93 percent of the entire fee and I also observed the poor materials he gave to me.

He gave a strong decorder without power cord. He is yet to put the jack on the dish. He is also yet to connect the strong decorder to my bedroom and he also did not recharge the modern he gave to me. I am totally displeased. He informed me that I should pay him some part of the money because the guys he came with are not happy. I have given him 93 percent, should I give him everything without job completion.

I am giving him till the end of this week to complete the job else him and his wife shall not sleep well in Egbeda where he resides and I don't mean using diabolical stuff. I shall give him no rest physically. I want you to inform him and I am not threatening him. I am disappointed and also told my Neighbour never to patronize him.

He is very unprofessional and poorly organized.

At this time, Buhari must do everything necessary to protect himself. History always find a way to repeat itself and like what Soyinka will say - when you fight corruption, corruption finds a way to fight back.

They have disguised themselves to find a way to plead for mercy, sending emissaries and visiting to hold meetings at midnight. Let us not be fooled that these evil men do not have an alternative game plan.

We must steadfast, pray and ensure God protect our president

Trying to change the course of events. I think they will get their way

Stangeneral:
i am from anambra state ,dis is y i am nt and will never be in support of biafra until we get it right .just because Rev fr mbaka said d truth abt d past govt wc we all know is true bt ... .let we d south east learn how to call a spade a spade

What truth did he say? Even the blind knew Buhari would win except the election was rigged. It was an obvious fact based on the poor performance of President Jonathan. So what Mbaka did was to speculate right and probably because he was ignored by the former president's wife turned his sermon to a campaign plea for Buhari.

gidjah:
This film is heart touching and so so inspiring.it could make a box one.evil people ,always bringing this sacred Religion to disrepute.How long??

If handled by an American scriptwriter, producer, and director, this could make a block-busting movie. Nollywood has only succeeded in elevating the perception of these fake self-proclaimed men of god to divinity status

Oh what a stupid woman and there are many just like her. The answer to her problems actually was with her. The American company had production issues, hence could not supply her goods so she could sell, despite her working capital tied down as a result of payment to the American company.

Why did she now resort to seeking help from self-proclaimed men of god? Did she deserve the treatment - I think so.

Best Logical Behaviour - Follow-up on the American company to ascertain when production capacity can kick off or engage another company to provide a substitute product, or venture into another business temporarily to buffer declining income.

What did she do - She stupidly seek spiritual assistance for a physical situation and she deservedly got what she bargained for.

victorazy:
Africans and religious! Ur handing it to God's hand to do what with it? send his name and organisation here on NL? or write it on Bible? Until we have another victim you will decide to mention his name.

You can imagine how she handed it over to God. She doesn't even know that if she sues the company, she might gain some financial advantage.

Afam4eva:
If you have handed him to almighty God then why create a topic? This is the problem with you Nigerians. All you do is whine but never help people to help you. Why can't you publish the name of the person and company?

It is a huge problem. I also read someone post, a mad lady poured hot water on you, disfigured your body and you are surrendering the heartless lady who never thought of the consequences to God instead of reporting to the police and suing her for damages.

Religion has bastardised our mindset, our opinion and sense of living.

tayotayotayo:
Truth is I dont want it to look like I am intentionally blackmailing them because of what they did to me, I ll rather let God fight for me while I hold my peace, moreover whatever didnt work for me through them might work for someone else. I am just trying to share my experience for people to learn 1 or 2 things from.

Publishing their name is a way God is fighting for you. For Christ sake, you want someone else to feel the same way as you did. What is the nonsense with surrendering someone to God. Have we not surrender our political leaders to God for a long time, what became of it? If we had not taken a decisive measure to change our corrupt leaders, won't we be licking our wounds now.

This is a manslaughter case and must be reported to the police.

No wonder Jonathan was having night meetings with President Buhari

otunsman:
Pastor adeboye should not convert church funds into his own.

That is what he does. Did you not read lately how he retired senior pastors who are old and him being the eldest still retains his position. These men have built a successful business empire, which I respect.

Jackrich:
In a system that is awashed with corruption and someone that rose on the mantra of anti corruption is still waiting for whom to start with is a joke of the century my friend.

BUHARI rode on the backs of thieves to land in Aso Rock - Sometimes it is difficult to bite the finger that fed you or abandon friends that knows your secret.
Buhari is putting up a show for gullible Nigerians and it would soon be obvious and when he's done with his 4yrs ,the system will come back to status quo until Nigerians begin to understand that our problem is ourselves.

A corrupt and polluted mind talking. A President should not interfere with processes and systems. His duty is to put these processes in place, find competent hands to handle them, establish the framework and allow them to flourish and work. Unfortunately, the last administration was a joke, a selective administration which exemplify the poor outcome we all witnessed.

An innocent mind fears no guilty conscience

Sorry guys had to take the pictures from upstairs. Scared of the opinions of my neighbors. So I am hiding for now.

My dish is here and currently being installed. It is a 4.8m dish (a scary gigantic stuff). Unfortunately I was informed it won't get sky UK because of the high rising building in my location.

Installation is still on. Will upload pictures later today

chynergy1:
wat difference will that make?
proudly 5 %.

tomorrow now you will say a different thing..
Nigeria critics my a*s.

Politically let us analyze this. The entire South-East cannot win an election in Nigeria, hence they must align to mop up votes. If another election is held today, Buhari will win the election. The south-east must quit this wailing situation and re-strategise on exerting their identity politically.

The issue of the North being dominant in the political sphere is as a result of other ethnic groups not being able to, collectively, vacate the circle of feeling being marginalised and express themselves.

Sweetlemon:
Then you don't know Pat. And please get into your heads that there are many people who think like him. Like me. I don't give a flying hoot about ethnic brotherhood. I don't believe that distributing posts to all ethnic groups is in any way whatsoever a requisite for good governance. Come to think of it, Nigeria has over 300 independent ethnic groups. So if we really want "fair" distribution, then let it go ROUND all the 300 groups! That's why I laugh at those "marginalization" screamers.

Spot on. You cannot satisfy everybody. If I were in Buhari's shoes I will ignore the wailers and do what is right for the country. If they are dissatisfied, let them express their dissatisfaction at the polls.

Source

babyfaceafrica:
OP....do you want to report a cse or you want to abuse the presidnecy..any general can send his officers to do illegal jobs...but dragging the presidency in this case without proof says a lot about you and what you stand for!!!!

The president is faced with greater issues than land grabbers. Why don't you identify the army general

NellyGhenghen:
We don't need a "strong naira" per say, Nigeria's economy isn't ready for that, we don't need a weak naira either that's bad for import. Let it at least go back to the former exchange rate of NGN150/USD

150 per dollar was the best rate ever. I enjoyed that rate very well

ITSAWRAPP:
Cool, that would reduce the time spent auditing the annual report since some of the audit procedures would have been done preceding the year end.

However, it will only ensure fraud, errors and omission are timely identified except that, there is really no other value added except to the shareholders though.

On a flip side, the cost of auditing the Financial Statements may increase as the exercise would be carried out twice in the year and the same audit procedures may have to be repeat i.e. double work.

Well, more money for their auditors. To me, I just think this write up is a publicity stunt. When I saw new financial reporting style. I was wondering it IASB has issued a new financial reporting standards other than IAS or a new financial reporting framework. This is just publishing audited half year report, which is very good, enhances good corporate governance, reliability on the financial statements and complying with best international practice.

It is good they are taking the lead, other Banks will follow suit and probably, we will begin to have audited quarterly reports.

thoth:
The Imperialist IMF/World Bank are slowly getting us where we will be most vulnerable, these actions by the Central Bank is making the Nigerian Economy more vulnerable to foreign subversion and attacks. theu are trying to destroy what remains of the Micro Economy and those that survived their destruction will be corralled by the foreign multinationals. i feel very sorry for Nigerians.

This is a ridiculous comment from a deranged person

Image123:
Thought you guys were of the opinion that parallel rates didn't really affect the economy? When naira strengthened from 240 to 209/dollar, your likes said the rate has been 197/dollar and that's the rate that matters. Okay, we'll forgive that, so what do you suggest as you're all for Nigeria.

How won't the parallel market affect the economy, do they operate in a different economy? Small and micro traders patronize them to purchase foreign products.

all4naija:
Neighboring countries are going to profit from this silly policy by the dullard. The rich Nigerians and expatriates are going to be taking dollars through the borders and deposit them in domiciliary accounts in those countries thereby contributing to their economies and might leads to appreciation of their currencies. It is based on the law of demand and supply in many cases. Money laundering just took a new turn in Nigeria.

That's their fat luck. If they want to spend it, spend it in those countries. Another area to strengthen is customs so that these people do not smuggle assets especially illegal assets into the country

Image123:
Form A and M are viable options. Also, some business can be done with naira accounts. Hopefully, other countries would be forced to change policies and accept payments from naira accounts and cards if they want business to flow well like before. i think I'm loving Buharinomics.

Well with the president position and fight against corruption and illicit proceeds, our transparency international rating will improve and likewise, our anti-money laundering rating for FAT F. This will enable countries to consider doing business with us because the stringent rules will be relaxed and transactions emanating from Nigeria will be considered legitimate transactions.

Now you see why the fight against corruption is very important. It is like what the Christians call being Born Again and when old things are foregone and all things being new

Sincere4u:
Not every body that has dollars looted from any source. Most of us earned it with our years of sweat and labour.

Sir, if that dollars is in your bank account, I would advise you exchange it to naira. If it is kept in your house, hit the black market tomorrow and exchange it to naira in order to get good value for it. The directive just ended the speculation game

ddbluv:
I want to purchase dollars for PTA purpose, I have all necessary documents but banks wont sell to me, I even opened Stanbic IBTC, now they have changed mouth... GTB says I must use master card,
How do I go about this, Urgent reply

They have just told you what to do - use your master card. I actually used my master card today to make payment for foreign services

No bank will sell foreign currency to you. This has stopped for a long while and now you cannot even deposit your foreign currency into any bank account whether domicillary or naira account

arsenal1:
What was value of naira to the dollar when CBN reduced the amount being sold to BDCs and now? The directive by CBN to banks asking them not to sell to BDCs is aimed at reducing money laundry by banks and not BDCs because it was discovered that the returns rendition to CBN fron autonomous sources were far lower from what Banks posted as sales to BDCs. It may surprise you that most bank branch managers own BDCs, so you see it was not actually BDCs rather bank that were targeted. Do you know that CBN do special intervention to BDCs by granting them double bidding in some weeks?

You just repeated what I wrote in your own words. CBN just want to curb the menace and sharp practices exploited by Banks, BDCs and illegal FX traders - Mallams

The gap between the official rate and parallel rate is just too wide and honestly, it cannot happened else where other than Nigeria due to its weak regulations.

ilobasama:
Sadly, you are right. Nigeria is her own enemy. Without a strong manufacturing sector then a strong naira is useless. This policy would have been very nice if we were a producer nation but no, they wont take their eyes off the oil for a minute and vigorously diversify this economy. Anyway, atleast a stronger naira will still bring down the prices of goods and lets pray this move encourages more of indigenous production and patronage of such goods by nigerians.

Can we be clear on this. The policy is to first, stop money laundering. Second, stop the dollarisation of the economy. Third, streamline the activities of BDCs and illegal FX exchangers a.k.a Mallams

The CBN has already deregulated the naira based on our inability to generate further income apart from crude oil. The official rate is 197, however, there is a wide margin from the official rate with the parallel market. This has resulted to a lot of sharp practices which must be curbed.

The directive is not to strengthen the naira officially because the naira cannot be strengthen without any visible economic activities.

iretiland:
There is an urgent need to get this Dullard Emefiele out before he crashes the whole economy. It is only the dullard of the dullard that will hold the kind of office this man currently hold and think he can wage a successful war against the world's foremost currency, the USD. Emefiele lacks any economic brain.

There is nothing wrong in the directive. Would you spend naira or even pounds sterling in the U.S.? It is totally wrong. We are approaching a situation where people will prefer to be paid in dollars than in naira and you see politicians moving around with dollars in their wallet like it is our legal tender here in Nigeria. It even gets funny when people appear to be affluent or classy based on the amount of dollars they have in cash.