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.

nice one, most people here are just for criticism without even knowing the main problem. everyone needs to be part of the solution.

Pls what is the deadline for school fee payment as a staylite

success254:
in addition,one of my friend scored 183,does futa allow 180?

since dey accepted 180 last year, there is every possibility that they will accept this year

seunkeji5:
Does futa have a course called dental technology?

not at all

MSGAMBLE9:
just lookin for where to stay thru nxt week still i find room- mate or if u know any1 that want to rent a room ( av find 30K room - 15K each arnd wesco estate <10mins rm schl) u cn link us, pls

i will get back to u

MSGAMBLE9:
bro, i fil hang wit u thru nxt week or do u know anybody seeking accdation, abeg link us

bros i no understand the hanging oh

Bodmaths:
It has already been opened, Follow the below link.
https://www.nairaland.com/2021386/federal-university-technology-akure-futa#28453616

all aspirant should follow the link, all ur questions will be answered

is count down necessary for matric, all those wey we employ, i no see dey sight una again, ki lo de?

Abeg na when then go open the thread for 2015/2016? Cos dis one don dey fade

i dey auditorium oh, am wearing gunners, in case you see me, just holla me.

Seyirock! Issue dey complicate more oh, i can't go to ikare again because of the security level concerning the recent attack. Most offices will not open till Monday. I believe u are on ur way already?

Thank God for the safe journey, am expecting the stress already, so no prob

coprakay:
Am fucking tired of this infinity journey. Heading towards RUGIPO.

why will fu*king be appearing as bleeping? Na them wan tell me wetin to type? After all i no mean bad thing.

Am fucking tired of this infinity journey. Heading towards RUGIPO.

At last we don commot for Zuba park. This journey no go too sweet me, the only fine babe dey my back and my chance na front.

At last we don commot for Zuba park.

A journey mercy to me, myself and I today. Going to Ak all the way from abuja. Just waking up, still waiting for 4:30am to start preparation.

I have asked like 3 stalite and dey said its not too late on Wednesday. A very good morning to you all. Me na still Tuesday be my movement oh.

bettygirl97:
nope... My dad just talked to a Prof in the school, he said I shouldn't worry about submitting the form on tuesday

hey girl! Is Tuesday also the day you are moving?

seguncool13:

dey can't submit 4 u cuz u must sign

guy na wetin person go do now? Is it really dat risky if its not submitted tomorrow? Am thinking we could sigh it before sending then it will be printed with the signature. Is it compulsory to be biro ink? Am confuse oh.

seyirock:
na when u dey go now?

guy na tuesday. I have a suggestion. Since dey said its should be submitted on Monday, why can't we send it through someone's email and the person will help us summit.

Seyirock ! Na zuba na. I no see ur description for face book oh. Just search for OLORUNDARE KAYODE (coprakay). The nickname is in bracket like that. Also, my profile pix na black jacket i wear. Location is abuja, sch sch visionary Golden Academy. I think this will do.

quote author=seyirock post=29650635]coprakay when u dey go akure abeg?[/quote] Guy na till Tuesday oh, my papers never complete too, i dey hope to complete everything sha.

Owlumeday:
did u use ur e-facility card?

but according to the schedule, the jamb admission letter is optional. Is it for those pd and direct entry? Pls throw more light.

Owlumeday:
Ask ur dad wish local govt u er from. Dats where u wud go and collect ur local govt certificate. I dunno abt d hostel acceptance form bt tuesday shudnt be too late

Ask my Dad ke? At my age? Am from Akoko North East LGA.

Jherry93:
U can get Ur cert of origin frm Ondo state since U be indigene....I don't tink Tuesday is late to submit d form.

thanks, i really appreciates

coprakay:
I hail oh, pls am resuming on Tuesday, i want to know if that will affect my submission of acceptance form? And also can i get my certificate of origin in akure since am from ondo state?

is not normal for me to quote myself. Pls i need the answers as soon as possible. Thanks guys you have been helping us all this while.

I hail oh, pls am resuming on Tuesday, i want to know if that will affect my submission of acceptance form? And also can i get my certificate of origin in akure since am from ondo state?

seyirock:
i no go enter futa direct oo,i go enter my home town go settle some family business first.

No problem,the best part is we will be meeting there.

It seems no much people represent BIO here. Abeg we too fabulous. Seyirock! Na when u dey live Niger state? So we could meet @ Zuba and the journey will be fun.

Oh i forgot to add this, when i came for post utme, i saw people with box guitar, am coming as a professional trumpeter. My fellow trumpeters could also notify(make i hear say another trumpeter dey na).

Oh boy! Like play, we get 7 days to resumption and i never get any shishi for my school fees. My movement away from abuja na 13th Jan latest. Any neighbouring town should notify so as the journey won't be bored.
Another thing is, i really give kudos to all our bros giving us the info we need. And i know they are counting on us to do the same. So guys, don't just start school and forget the freshers to come.
All of you have been wonderful and the insult and other things to me is like fun and i have been laughing all day.