₦airaland Forum

Northern Nigeria Private Company NNPC about to get properly "indiginised" and incorporated....

peteregwu:
It is only a stupid person that can utter such a word, who also is ignorant of the work of a pastor.

Pastor personal goat.

Imbes

Almajiri

Wow...sad news

Wished he'd leave recorded tapes or voice notes of all that he knows behind.

Rest on great and fearless patriot.

sirp9898:
Guy u suppose to condemned the funalis act if it is true before exhibiting your hatred

Try to help your self do right thing sometime I no say e no easy

A horrible and shameful death awaits you, smelly cowardly cultist.

BluntCrazeMan:
You Must Be Educated Before You Can Receive Miracles?

I never knew miracles now come from placards...

Huh?

Wished he'd leave recorded tapes or voice notes of all that he knows behind.

Rest on great and fearless patriot.

Hippopotamus rubber-stamped.

Another article by the shameless pig where he claimed to be 1/8 Fulani..

https://www.femifanikayode.org/the-fulani-of-nigeria/

Lol...dem wan unleash Tinubu own brother on am...


The rabid dog even claims to have 1/8 Fulani blood in him.

FFK na idiot I swear.

I can't wait for the war of words that'd ensue between him, his namesake "Adeshitna", and Garbage Shehu.

Read the idiots arselicking here...https://www.femifanikayode.org/the-fulani-of-nigeria/

FFK brother in the game...

You made valid points though..

Na the result of all the clandestine meetings and pilgrimage to the UK be this?

No matter where you run go to do meetings and consultations under whatever guise, they still have their eyes and ears on you.

Na even one of your own go wear wire come pay pilgrimage to you.

The Fulas are waiting for you..

FFK said he has 1/8 Fulani blood... and as such is a Fulani man

People wey no go think twice to disconnect your head from your body at the slightest infringement on their cows na him you dey think say you get friends in?

Sorry for you.

Wey the idiots wey say dem be freedom fighters a.k.a cultists?

Morons

Always after food...

I just read a piece where this Shame of a human being claims to be 1/8 Fulani.

Wonders no go gree end truly.

I don't envy the dude one bit though...he looks really troubled.

https://www.femifanikayode.org/the-fulani-of-nigeria/

Is that the issue on the ground right now you armed robber...

Very very poorly staged.

Those poor people don't even understand what's written on the placards they are brandishing.

Stupid pastors that should be using their pulpits to educate their followers to the evil plans of the marauders in chiefs. They'll rather keep deceiving their poor followers and ripping them of their lean changes.

At the end of the day, life no balance truly...


Happy birthday, Linda. Enjoy your day

Ayodejibtyrbe:
Can you sell just a 3 seater and a 2 seater?

Come on whatsapp

Corruption don finish Nigeria aswear.

What a country and people.

Kai

Just look at those 4 towers of corruption at NNPC.

The funniest part of the entire charade was their inability or unwillingness to still pay the rock bottom bid price.

Such a comical piece.

donnie:
Fake table

I actually thought I was going insane...

Tranquil Canada go soon tire for them...

Must we be this nuisance wherever and all over?

Shameless...

He won't have a problem doing the dishes afterwards so long as he is given a photo op opportunity and some cash to survive on.

This dude doesn't even know he is been ridiculed or he shamelessly doesn't care.

Arrangee by all involved...

Do not be naive..

You'd be amazed at what length people go to set up churches, attract customers, and make money.

Do not be deceived my dear.

All na work and wash..

Hello Annieeee...

I hope you've calmed down....

Happy birthday, 2baba

Alusiizizi:
How would you know?

I wouldn't know, sorry.

Abeg....who ready to follow me go visit Tinubu?

I need 4 more people to complete my list.

Hmmm

G.W Bush and Tony Blair showed us more pictures of Saddam Hussein's Iraq.

You do not need bdc to import anything. You do not nerd dorm account to import anything. As a matter of fact I am sending a memo to CBN today to consider converting all dorm reserves to naira at CBN rate and closure of all bdc.

You do not need to source for usd to import, it is only in Nigeria you get all these parallel fx system. Simply pay your naira and get the dollars from bank at CBN rate to be paid out.

Having bdc and dorm accts destroyed Nigeria fx sector and must be stopped.

Now everyone is just scamming their way to glory under the pretext of affiliate marketing and importation and manufacturing. I am manufacture 3 products and I have businesses offshore too.

I am not a novice

Hmmm...

jjman2322:
This is why a good business school is needed in Nigeria.. People dont understand Economics 101

First of all, CBN official rate is like 410, so converting any FX inflow to naira means you will get it at 410... Now let me ask you, your uncle in USA has $10,000 for you. Will you tell him to wire the $10,000 to nigeria for N4,100,000, or will you find a third party who needs to pay his supplier in China,India, and sell it to him for 550 (N5,500,000) ? This is whats basically happening.

As someone in the manufacturing, let me try and explain whats going on. There is severe shortage of USD. Lets assume you need raw materials worth $500,000 for the month, you may be lucky to get $5,000 in a month from your bank/cbn (through LC OR BILL FOR COLLECTION), so you now have to go to blackmarket for the rest.

Abokifx just publishes prevailing rate.. Abokifx is irrelevant when it comes to demand and supply.. Im too tired to explain more, but the solution is simple.. CBN needs to provide more USD to the big companies who need it, and the black market price (REAL DOLLAR PRICE) will drop..

The reason why goods are going up in prices (TV, PHONE, AC, FOOD, etc), even though officially dollar is 410, is because NOBODY IS GETTING 410, or even when they do its minimal.. Yes you can get PTA (Travel allowance) from your bank, but thats only like $4000.

The real problem is when as a manufacturer you need $1m.. Good luck getting that in 10 years....

There is real demand for USD from local companies here for at least $500M a day, and CBN is barely giving 10% of that.. See the problem

How much do you think NESTLE spends daily on USD, or Nigerian breweries... Quick example, indomie is made with tapioca starch, Potasium & sodium carbonate, sodium tripolyphosphate, riboflavin which are imported.. They must probably use $millions weekly just for import... So they go to black market = price jump in finished product... Hope i made some sense..

Wow...

I enjoyed your lecture.

Learning everyday is fun...

Solatium:
How many of the people spend such in a month? 80% of Nigerians don't even have business with touching dollar's.
if you spend $1k this month i can bet you will have no business spending another till after a year or so, except if you are importer

I'm learning.

Great arguments back and forth.

RodgersAkpafu:
You cannot cheat nature
You cannot cheat economic principles
okay
If e sure for the central bank
Let them make the withdrawal limit 1k USD on our cards
Let's see whether the rates will not drop
Scarcity is the issue here
And no voodoo economics can bring u out of it

Smart submission.

The black market thrives on the principle of scarcity or starvation or "jonsing" eg, narcotics.