₦airaland Forum

Shafiiimran99:
because they follow the rule

Whose rule?

Tell me, whose?

And since it is about rules, let me set a new rule

[color=cyan]to each his own, live and let live[/color]

Can you follow that?

lastpage:
It is a "self-arrogated TITLE" of CASTE SYSTEM in the Islamic faith.

Saudi Sunni Muslims => Shia Muslims => Other Arab Muslims => North African Muslims => Northern Nigeria Muslims => West/Southern Nigeria Muslims in that Order.

But if you notice, their level of love and good behaviour (Non terrorist!) towards others is in the REVERSE of that Order!

Good one from the Shias.
We wish them the best in their travails.
Spread Love and not Hate, against other people.





Lastpage!

On this summation, for once, I concur with you

fiizznation:
Shiite is a money making movement. When did they even start getting followers in Nigeria? Was it not around 1995 or so. The thing is many Muslims are not very comfortable with the shiites because of their teachings that isn't in accordance with the real Islamic doctrines. And the violence that goes with the shiites guys is another different thing entirely. Islam will say this thing is forbidden but the shiites will want to twist everything just for their own selfish needs.

The shiites are their own enemies. There are manys sects in Islam but you hardly hear or see any of them causing trouble, but that can't be said about the shiites.


The thing is you will never understand anything about the shiites unless you are a muslim. Nobody is interested in causing any harm to the shiites(a muslim is always a brother to another muslim), but the shiites should allow other Muslims to live in peace

And who are you as a sunni to decide and enforce what real islam is to any other muslim? the reason why you're complaining about shi'ites unlike the other minority muslim groups is that they are large enough to fight back when you persecute them! That's all! You sunni's embody majority of what is evil about islam! Imagine one uneducated inbred swine would call himself a scholar and wake up one morning and issue a fatwah and his ignorant followers would go ahead and execute the victim so shut up about being justified or righteous because you're not!

Whytelyon:

Lemme add, there isn't a church in Saudi Arabia. Unlike Qatar and other places you have mentioned. Pakistan... I don't know much about them. but that nation is an embodiment of problems, having issues with even India as their sisters.

There's a minority christian population in pakistan that is getting more minor every single day with numerous lynchings, as a christian in pakistan, if you want me dead just accuse me of blasphemy against muhammed and that same day or night, both me and my family will be killed while the police and army stand by and watch and do nothing! Its that bad!

AngelsAndStars:
yeah, Iran is their head quarter. they prohibit public Christian practices and also kill any one who converts.

give yourself brain. this is just for sympathy if Christians as against Sunni muslims....

when will you people ever learn that any Islamic sect is deceptive

My guy, you must be talking about saudi arabia!

Christianity and judaism are both practiced in iran, stick with the facts

AngelsAndStars:
no Christian should take them seriously.... no christian should take them seriously....

they just want sympathy. when they become majority you'll know their true character.

I told you so

But its easier to live as a christian in iran and lebanon than in saudi-arabia and pakistan, iran's and lebanon's muslims are predominantly shia and they have problems with christians from time to time but they adopt a live and let live policy, but in a predominantly sunni saudi arabia, christian worship is forbidden and in a predominantly sunni pakistan, there's currently a genocide going on against christians and shias so given a choice between the two sects, I will rather live with a shia muslim

mfm04622:
Are bank workers witches and wizards? Nobody know the cash position he will close with in th morning! How will you know where you will need the cash tomorrow? Banks even get money from each other

Banks close officially by 4pm, staff remain there till 7pm to 8pm, so what are they doing in those extra hours if this isn't one of them?

Agbawotosabi:
pla does any of u guys know d name of this cartoon ?

Eeeeeewooo!!!

I even forgot this one!

Chai! E have tail sha

donald14:
Nairaland were the hell do u get d images. O boy kudos 2 u i remember those days but we use black and white t.v hahaha and my favourite are voltron, super ted, terahawk and robinhood was not a cartoon but i love it so much. Just tune to NTA2 channel 5 your reach out station. How i wish there is time machine i will love 2 go back 2 those days. 1 thing robocop it is good also those days. Haaa imagin somebody mention merlin and seeker stupidity

Supercop'll be right back

.upercop'll be right back

.....ercop'll be right back


..............'ll be right back

.................be right back




..............................back

serege:
@ OP choiii. See me reminiscing. .. This was back in the days. Wen we used to sit in front of the tv waiting for 4.00pm.nta 2 channel 5 tinz. Oboy i don old oooo

Me too

I can't believe i was once a kid

Chai!

1wolex85:
The problem here is you still think money is only physical cash. As long as I can use my money through other channels, it means no one is preventing me from using my money

Even those other channels are fraught with difficulties that haven't been resolved yet, why would i logically want to use them as against cash when the latter is so much preferable

Nabi2000:
Ok so basically the gist is me and my buddy are trying to work on making a comic (potenial animation) that takes from the japanese manga. Ive gone around and seen the comics of other nigerian companies and they all seem cliché most of them seem straight up copied from the likes of dc and marvel so i need tips on how to avoid that road and also plot suggestions

By cliche, what do you mean?

Leopantro:
beautiful, someone is reasoning and asking the right question.
the answer = ask the Federal government why it mandated the CBN to restrict cash flow at this point.

GBAM!!!!

So, are you as an industry insider? If you are, you just confirmed mine and many a Nigerians educated guess/suspicions! That there is actually a government policy twist to this!
I hope your nairaland account can not be traced to you if you are a banking industry insider, I will hate to see you victimised for this revelation


1wolex85 are you reading this?

1wolex85:
My God! where have you been since? People don't get the concept of money. If they don't see cash it's not money. I asked one guy on this thread that if all the physical cash in Nigeria is assembled will it be more or less than the total amount in all accounts, he has still not answered. People don't get the concept of money tjatbis why they are feeling this way

About 80% of my transactions maybe higher are cashless but my brother without cash for the remainder, I'm worse of than a lame duck! Its that simple

Innomach:
Really? Well, I did a mobile transfer on the 22 and 23 December, the transactions failed due to reasons best known to them. Now my major problem is the money has been debited from my account but failed to get to the beneficiary. Now I am being asked to wait for forty eight working hours to investigate the transactions and get my money reversed. More troubling is that my creditors would have non of the excuses and plea. Where did I got it wrong?

I raised this issue with him

mfm04622:
1. As a worker in the industry, I know what you happening.
2. CBN don't have cash. Most of CBN's cash come from banks themselves. Banks have not been taking cash to CBN. CBN can't just print cash you know. That will lead to inflation.
3. The cash is in towns where there is no cash shortage. Not all towns have cash shortage. Even no all banks in the same town have cash shortage. For example First Bank ATM in Kaduna are paying while some banks in Kaduna are having issues.
4. Give an example of how you expect CBN to solve this problem?
5. Even when banks have cash, you can't just put it in the ATM. You have to sort the cash into ATM fit, teller fit and reject. Try sorting 10m cash and you will appreciate what bank workers go through for you.
6. If banks have been taking cash to CBN, they would have moved cash to where it is needed efficiently. Banks are doing this themselves at huge cost, but still th amount they can move is limited

Thanks for enlightening me as you can observe, I'm not an industry insider.
So you mean to say if i understand you correctly, that the banking industry is still very much liquid but not all branches of all banks, and that the problem arises from moving cash from a branch were it is less needed to a branch where it is in higher demand

If so, shouldn't the industry have prepared for the cash rush during this season beforehand because i am sure they knew what to expect or is there something i am missing?

1wolex85:
More people will come to the supermarket with cash, then I will have again to give. It's a cycle, I collect cash from some, give it to others while my account is credited with the corresponding amount and the risk of me taking large amounts to the bank is not there

In a cash scarcity people will come to a market that accepts cashless transactions with cash? Seems you're loosing the thread of this hypothetical scenario, the cash that was initially taken from the supermarket will be spent on those who don't accept cashless transactions so less and less actual cash will come in to the supermarket as time proceeds

1wolex85:
See, all they need to do is to attach something important to owning a bank account. Lagos has been doing lassra registration for a couple of years, nobody do am, lake rice come out, those who wanted the rice had to do it. I am thinking of applying for lasg rent to Own scheme, guess one of the requirements? You guessed right, lassra card

Might work in lagos state true, but what of all those market traders who have no reason to partake in any of these schemes who we need to buy from? So you just create a scheme to involve them? Right and you think the governments duplicity won't be smelled from a mile away? Remember these traders are informal and largely unregulated

tankara1010:
Afonja and warped reasoning when it doesn't suit them.

His reasoning is not warped and i am a neutral party, check my post on that thread! Racism against self is the worst kind indeed! You and your afonja friend should both be mad at the white animal that wrote that trash!

1wolex85:
I am not digging myself into anywhere. You are the one that has failed to see the opportunity but would rather see all the challenges. Again, I have not asked for total elimination of cash, I am saying there are people on those queues who should be encouraged to use other channels

The challenges are real

The opportunities remain hypothetical

Reality bites so we scream!

Understood?

1wolex85:
Sir there is 'physical cash shortage'. This doesn't mean the money doesn't exist or has been spent

The money does exist!
But it exists in the governments TSA account with the CBN
A role once played by many banks but now they only function as middlemen
Banks don't have access to that money so they can't withdraw it from the CBN to provide liquid cash for their numerous customers hence my suggestion that the government lend it to them!

1wolex85:
Of course I won't give cash I don't have. But the people who were able to collect cash earlier would reduce those at the atm. My point is not to eliminate atm

And when those people finish spending the cash, what next?

1wolex85:
That is the crux of the matter. They need to be banked.Besides on this thread we are talking about atm queues which means those on the queue have account.

They do but they are not the majority of Nigerians! The majority of Nigerians swarming atm's in a period like this would actually lead to anarchy!
And if i don't have a bank account and i see people with accounts at atm queues wailing and lamenting their inability to access their money, what will make me want to open an account in the future?

unmask:
lol.....please go and read about the real value of the money you call cash....money isn't one physical commodity as most of you believe, it is the value kept in banks.

Someone could even argue that those that got their accounts credited by transfer and not physical cash can only withdraw via the same means......let's see how many people will be on an atm queue

There's ideal economics as written in your textbooks and there is Nigerian economics vis-a-vis commerce and finance in Nigeria! Maybe you should read on that to appreciate the role liquid cash plays in our own economy

1wolex85:
Ok, but can you suggest another way so we do not find ourselves on this kind of thread next year or should we just accept this is how naija is?

A bank worker on this thread has all but admitted that banks are cash strapped while defending banks, the reason i think (I might be wrong though) is that liquidity has dropped drastically among banks due to this governments politicised knee jerk implementation of the TSA, banks can still cope of course but periods like this lay them bare for Nigerians to see their financial health which is not very good, all the ideas you suggested will have to be implemented of course but three major problems will dog it
1. Time which is a commodity Nigerians using the banking system can not spare a lot of to the finance industry and the government regulators to bring itself and themselves up to speed.
2. Enlightenment, the government should know that most rural communities don't have banks and neither do dwellers there have bank accounts and they account for at least 60% of the population, so should we mordernize and deny them access to a significant proportion of the nations e-commerce?
3. Our banking institutions themselves are barely afloat in terms of liquidity ever since the implementation of the T.S.A and many a politician have moved their funds abroad as have many companies (esp foreign ones). So if we're to operate a mainly cashless economy we will still need our unhealthy banks to guarantee and facilitate our transactions which in my opinion is in the absence of any forestalling intervention, a ticking time bomb

I haven't mentioned infrastructure like electricity, reliable telecoms network and coverage, prompt customer care hotlines to contact in cases of botched or undetermined transactions e.t.c but I'm sure you're getting a clearer picture of the challenges we face.

I have no answer for the short term apart from the government lending cash to banks (not printing cash to prevent further inflation) but the truth is that the government has to study its policies and its downstream effects before advocating and implementing them, this is my contribution.

kutitosin:
This convo is meaningless. How did banks prevent people from withdrawing? How can cash finishing in a machine be a way of preventing people from withdrawing? I've seen people insinuating silly things since Friday and I'm sure they are talking out of ignorance. Find any Fidelity Bank ATM within ur area and withdraw ur daily limit. If ur bank prevents u, open an accont with fidelitybank. Merry Christmas

Shhhhhh

Must you expose us?

mfm04622:
People like you should be invited to spend the holiday with DSS! Am sure your aim is to incite the public!

I work in the banking industry. There is shortage of cash. This is due to the fact that demand for cash is very high this time. The CBN also can't supply cash as banks have not been taking cash to CBN. The CBN act as bank to banks.

Did the CBN or others announced their is limit , the amount of money you have withdraw? No!

You already admitted your bias as a bank worker!
Demand for cash has always been high at this period and a pro-active banking industry would have worked to forestall this bad scenario, did they? No!
The CBN has not been receiving cash deposits from banks and that's why they can't provide banks with cash to pay their customers creating the shortage you already admitted to but since the industry is still solvent, the question is, where is all the cash then?
A honest answer will lead you to the corridors of power in the country hence the reason we blame them!

ozo13:
yeah that ur last sentence, some ppl are into d business.though u pay certain amount depending on d amount u wish to withdraw.like the business centre I used yesterday, below 5k u pay 150 naira btw 5-10k it is 200 and above 10k u pay 250 naira.

Paga outlets at Dstv/Gotv shops, unfortunately, you can't withdraw through them, withdrawing is the problem here!

1wolex85:
Did I say totally eliminate cash? No! It's not everybody on the atm that wants to buy just a bar of soap or 50 Naira pepper.
You are talking of poor infrastructure network and all, doesn't the atm also disappoint?

True but majority of most peoples daily transactions fall within this catchment zone, so should majority of the people want for simple things just because they can't access their money to pay for it?
Like i said earlier, the banks and the government knew enough to know what is expected this period!
You can't begin to fathom the hardships millions of Nigerians are going to have to go through for simple want of their own money!
Somebody wanted to pay money into my account yesterday and i asked him pay into or transfer? He said he had the cash, I drove one hour either way and back to collect it and thanks to that, i am liquid for the next few days! That is your real Nigeria

1wolex85:
Oga please read again! I can still transfer money on my phone without internet! and Yes if I go to Mile 12, as long as the aboki has an account number, I can buy pepper

With a surcharge of N100+ on every transaction, multiply that by an average of maybe 20 transactions for everyday things like multiple t-fares, soap, consumables e.t.c and give me a reason why i should want to do that?
What if the recipient doesn't have an account?
What if the mobile phone network is poor and/or your bank network stalls?
What if you want to make a payment on something of higher value and it is larger than your daily maximum limit?
Cash has no other completely viable alternative for transactions in today's Nigeria and to claim otherwise is self deceiving! We will get there eventually but we're not there yet so the banks and the government via CBN should have known from experience that weekends and holidays are periods of heavy cash withdrawals and worked hard to reduce the possibility that people will be left without money to withdraw because this will reduce peoples confidence in the banking system which is not good

patchsk:
Unchallenged evidence is deemed admitted. You've not denied that you're a scratch faced Afonja!!!

So happy Xmas my dear Afonjalistic scratch face.

You get badmouth sha

Myde4naija:
people are already wasting food in my area, stop this online nonsense and say the truth.

Which area?

Let me provide transport for hungry people to come there!


And help you prevent the waste