₦airaland Forum

simplynola:
Even with the fine paid, who benefits from the one trillion? NCC executives and its staff will feed fat on it, so whats the need.

Its actually the federal government that gets the money straight because of the the single treasury account.

ibedun:
Okay, if we do what you are suggesting then where do we get dollar from if and when our current dollar reserve runs out?

Oil price is down and our dollar income has reduced significantly,,,,(Yet) you want us to continue importing like before? And paying foreign suppliers in dollars that we are not making like before. If we run out of dollar the government will have to go to IMF and world bank to borrow at crazy interest rate and inhuman terms and conditions that will impoverish the next 5 generations.

Do you people even know what you are talking
about?

What we are doing currently is like a father who has millions of naira in the bank as savings but his children are out of school,hungry and sick.As at today ,Nigerian banks are owing about $4b to their foreign counterparts that they opened letters of credit to for their customers and these customers have their foreign exchange but they cant pass it through the banks.You reserve has nothing to do with my business if i can source my own foreign exchange without going through the CBN.What actually depletes your foreign reserve more is if you are creating artificia foreignl exchange rates without allowing the forces of demand and supply to get the actual rate,so you end of intervening in the market with your foreign reserve.

What Sanusi said its the only way for Nigeria to move forward.The current exchange rate is artificial.
During the regime of President Yaradua;the price of oil equally crashed and ex CBN Gov Soludo had to do the needful and devalued the naira from about 118/$ to about 185/$ .The dollars were available and business of the nation moved on.
Currently,the CBN Gov Emefiele has almost pegged the naira to almost a fixed rate and the US dollars are not available to companies,businesses etc.Many businesses are comatose and people have even resorted to swallowing dollars to be able to cross it abroad to buy goods.

Like 10years ago in this context is figurative.I think he just want to highlight the fact that they have come a long way together.

Do you have the plugs for landcruiser 2008 vxr?if you do please send the price to 08098372505.

franchizy:
I have no doubt that the 50 senators are from the South East.
Its there birthright and occupation to encourage corruption.
No SW, SS or a Northern senator can ever accompany Saraki.
Shameless clowns who want there own online country called Biafra.

Please stop exposing your political cluelessness and naivety.How can 50 Senators come from South East when we have just over 100 Senators for the whole of Nigeria.

I dont believe this because the implementation of the T.S.A has taken away 1.3trillion naira from the commercial banks to the CBN and there is already a brewing liquidity crisis.The cash reserve ratio with the CBN has already been cut down to manage the crisis,so it will be very damaging then to also cut the fixed deposit rate at this point.

cr7lomo:
The people hailing Mikel are the enemy of progress.... Eyeama has retired and the team must move on , if he rejected the captain band in solidarity with eyeama , then he as well should b kicked out .... I would always reiterate that Mikel's attitude will most certainly always b a problem . The coach is the head and his decision is final ... NFF employed him and only NFF can sack him if of cos he doesn't do well ... Respect the coach so we can move forward, Eyeama is in the past now

There was nothing Mikel did here that disrespected Oliseh.He merely refused to lead the team and consequently rejected the captain band.

I think what this says is that federal government is giving a concessionary rate of # 160/$1 which means that the pilgrims will fund the purchase at that rate and not that government will fund the $11m

Thats the way to go naturally and in my place its said that '' its only a tree that will hear that they want to kill it and remain at the same place".

I just wonder what all drama and dribbling is all about.I am beginning to think that President Buhari is enjoying all the suspense that this issue is generating. but is it not to the detriment of our collective well being as a nation?

I hope they will distribute the plastic cylinders which is much safer in case of fire incident.

The problem with this saraki issue is the desparation with which it is pursued and also the fact that they had to go three regimes back to get materials for his trial.
Vengance is a dish that should be served cold.
Most of the senators are not supporting Saraki but they are seeing it like if they allow this saraki issue to go through without a fight,they themseves individually are not safe.To me this fight is just a fight for survival by Senators ratherthan an endorsement of Saraki's innocence.

Its no big deal,signing on the album makes it more valuable in the future.It has nothing to do with who is bigger than the other.

OP you are not serious!!!How can this be a rich man's house 25years ago?25years ago is 1990 and i dont think anybody noticed a mud house then.

Just regretted opening this!!!!!

Whatever someone does spiritually is to me a personal decision.Every religion has its own tenets and beliefs.I believe its very wrong for you to decide how someone should conduct himself spiritually because everyone knows what works for them.

The only time i will believe that things have indeed changed in Nigeria is when this case is followed to the logical end ie either Saraki is jailed or he is pronounced innocent.
During the era of PDP,cases like this always end in permanent adjournment as soon as the accused loses his exalted seat.

ironheart:
the beauty of this bridge is that it will cost less than 200k while the state government will spend 10billion naira to build a similar bridge

I guess 200k is a figurative because i dont believe 200k can build this bridge that i am looking at.

kwametut:
OP YOU NEED TO UPDATE THIS SH8T COS SOUTH AFRICA HAS SURPUSSED 40 GOLD MEDALS. WE ARE LEADING AS USUAL AND ITS GOOD TO SEE
As usual PITCH BLACK STINGKING SOULS are down there where they belong.

GO TEAM Z.A.!!!!!!!!!

Something is not adding up here. Somebody clearly has missed his way.

I expected this and I told my friends in the morning that Saraki is likely to go to court.In 2007 ex Gov Odili got a perpetual injunction restraining EFCC, Police and other law enforcement Agents from investigating or arresting him and 8years later, this order is still subsisting.Senator Stella Oduah recently got a similar injunction and nothing has happened ever since.

I hope he has an arrangement in place to replace the ones he is asking them to reject.

Lexus Gx470 has 8 cylinders while most Toyota Prado have 4 cylinders .

Sahara reporters should do further probe on this because when i was still in the banking sector,i could recall that some of the drivers to the Executive management were made to join the special unit of the Nigerian Police and this category of people usually dont were uniforms on a regular basis and they are predominantly civilians.I think this could be one of such cases.

More like reappoints Gen Theophilus Danjuma because he had the same position under ex President Jonathan.

Its a pity that some people will have to loose their jobs but banks in Nigeria will now have to sit up and do proper banking.The era of sitting on fat government accounts and investing it in trasury bills is over.The banks must finance businesses now or they will go under.

Thank you OP for this story.I learnt so much from this and i will be very careful with drugs.

If this is true,then the real change has started.

IjogzK:
You are sick and demented for calling this 2002 Model vehicle 2008..

What rubbish!!!

This should be 2007 model based on the dashboard and the gear area.

This is why its not good to draw hasty conclusions.Always give people the benefit of doubt and avoid prejudice.
RIP to Enyeama"s mum.

Carbaby007:
@chyket are you trying to pass an information...

I am just trying to say that i could do business in the future with you when you are able to incorporate any kind of insurance into your system.For now i wish you the best of Luck.