₦airaland Forum

AfonjaEkiti:
Trying to excuse the failure of a party of mental patients called APC is stupid.

Nobody can cure your delusional wailing. You will wail till death.

halmat:
And the corruption begins, again:
Importers go to CBN with their weird proposals.
CBN issues the USD for import purpose.
Importers go to BDC for exchange, convert USD to naira At black market rate.
BDC sells to highest bidder.

Importers go to CBN, with NGN
CBN issues USD for import.
importers go to BDC to exchange at black market rate.
BDC sells to highest bidder

Also, importers would likely buy directly from Diasporans, let Diasporans make the transaction on their behalf, then credit Diasporans with equivalent NGN.

This policy, like every other one:
Take away the benefits that they are receiving from the government.

So, for an average Nigerian to own FX he has to travel out, make FX and return back to Nigeria or will they say FX is contraband too?

Or

He goes to BDC.

An example is, many of FX transactions require relevant currency. How should average Nigerian provide that? Or the Nigerian government would accept NGN use the IMTO FX to change NGN to FX and fulfill the transaction?

This is a messy situation, and as an adult, we should always understand that what ever solution we are trying to provide depends on WHAT angle of the problem we are tackling.

I don’t think these guys are ready to tackle the problem from the people’s PoV.

This would drive the price higher in a very short period of time.

Reducing raw FX available, but there are FX transactions to be made. How do you make the transaction? Survival of the fittest: Know someone in the government, know a diasporan that needs NGN, have enough for BDC rate.

All the corrupt practices you listed above were what Meffy used to destroy the naira. All that is not happening anymore. Importers go to official bidding through the banks. Not directly to CBN.

Questionnaires:
Get Enlightened: There Are Various Companies Providing Cheap Payments on Instalments for People Who Cannot Afford To Buy A Solar System of Their Choice Outrightly.


Besides;

All The Monies That You've Been Giving To PHCN All These Years is Enough To Equip Your Home With A Standard Solar System That Will Power Most of Your Highly Prioritised Devices At Home.



Stop Playing.

Life is About Advancement.


Advance Up!



I stopped using NEPA or PHCN For Over 10 Years Now Since I Challenged The Status Quo And Switched To Solar Systems Since Year 2013 Just Immediately After My NYSC.


At That Time; When The Dollar Rate Was Still Cheaper And The Economy Was Still Quite Better Than This - Many Nigerians Who Had The Money To Easily Afford Solar Systems
But They FAILED To Upgrade Technologically Because Their Minds Were PRIMITIVE And They Wanted To Stick To Their Habitual Noise and Smoke Pollutions from Their Fuel Generators.


That's The Mentality Many of You Still Harbour And The Chance To Own Solar Systems At An Affordable Price is still being jeopardised.


The Basis of This Thread is not to Argue About The Cost of Solar Systems.


The AIM of This Thread is To AWAKEN People To OWNING SOLAR SYSTEMS That They Can Pay For On Instalments.


We Have Got Several Solar Empowerment Packages Ongoing in Nigeria.


So, There's No Excuse.

Please share the companies that sell on cheap instalments jare. Thank you

Omihanifa:
Solar isn't cheap generator and phcn is still very much affordable than solar

Solar is far cheaper….. on the long run. Fuel is not cheap and dangerous, sunlight is free. You can take loan or borrow to buy solar and you will see the difference.

Hx1x:
Just got this email from WorldRemit.

Seems CBN has quietly re-introduced their policy where people abroad can no longer send foriegn currency directly to folks in Nigeria. Folks in Nigeria now can only receive the naira equivalent of the money sent.

I've checked Western Union and seems to be the same as well. Moneygram still allows dollars to be sent, but can only be picked up. Can't send to a dorm account any more.

I have checked and haven't seen any news on this.

You have not checked properly. It has been in news for 3 days. CBN doesn’t want you to patronise BDC with your dollars because it is devaluing the naira.

kcprince:
With this new directive for banks to pay naira instead of dollar, it will get to 2k soon because the black market will have fewer supply. They should not pretend as if black market rates do not decide price of goods in the Nigerian market

Your argument is illogical. When people don’t receive dollars in Nigeria, they cannot go to Aboki to get naira at black market rate. Aboki would have no dollars to sell and it will improve the value of naira. The banks will then officially declare the dollars obtained from IMTO to CBN. In that way, the over $20 billion diaspora remittance will be going to CBN, not BDC.

Ibrahimcoomasie:
Access, GTB, UBA, Zenith Others To Pay Customers Money Sent From Abroad in Naira, Give Exchange Rate



https://www.legit.ng/business-economy/money/1577735-come-passport-nigerian-bank-announces-internation-money-transfer-operation/

If this fully enforced, not only will BDC be starved of firex, they will completely fizzle out of existence. Because they thrive on dollar cash brought to them by IMTO customers. Only source of dollars for them will now be people entering Nigeria with dollar cash. They are very few indeed.

EreluRoz:
It's an Accumulated Problem but they will not agree and it keeps going on and on. They will hail Tinubu after his tenure just like they are now praising Buhari. I still stand by my topic.

And I agree with you. The man is just trying to correct the problems created by others.

wrongnumber:
You're the ignorant one here.

Tinubu is a brought this disaster on Nigeria by making policies hastily without due consultation with the stake holders.

He removed subsidy in one go when he himself advised Jonathan to remove it in phases.

He unified exchange rate when there was scarcity of foreign currencies.

His emperor like mode of governance is the reason we are where we are today.

You don't run a country the same way you run a drug cartel.

Those hasty decisions do not account for the severity of the crisis. The mess that was created was the main problem. If there was no forex crisis, unifying would not have caused this problem. If subsidy was not being stolen, we wouldn’t be in this crisis after removal of subsidy.

Omihanifa:
Solar isn't cheap generator and phcn is still very much affordable than solar

Calculate how much you spend on fuel for generator for one year and it will be more than solar bill.

Rostikol:
That’s a traditional priest performing a religious rite which is no less valid or agreeable to the Almighty than a papal sermon.

Only a colonised dunce calls this bad.

There are as many ways to Divinity as there are grains of sand on a beach, and NOBODY can claim superiority of one form over the other.

What WE should be doing is reviving and updating OUR traditional religion instead of stupidly worshipping a fairytale white man “saviour” forced on us by mass-murdering white rapists, thieves and colonisers.

For confused people like you, I will chip in a pounds worth of advice. Witchcraft, incantations, sorcery, idol worship (including those calling jesus as god) are all in same category…..family of satan. None of them can attain divinity. They only use power of magic to hold people spell bound. The only true way of light is the worship of one true God who created everything.

Bigkoko:
Go and read the latest from Asiwaju informal chief policy strategist, our own dear Werey Reno Omokri!

With Emefiele naira policy redesign, kidnapping and banditry came to almost zero but Asiwaju and miscreants taught it was Design against them. It was a policy Buhari did against his own people causing trouble all over the Place. A secret weapon against fulanis, who horde money gotten from kidnapping business!

But you swobs who act before thinking deeply feel targeted. Una go learn the real hard way!

What has kidnapping going down got to do with destroying the naira and starshing dollars away by Emefiele and his friends? We say Emefiele destroyed Naira and you are talking banditry went down! Was Emefiele the chief security officer of Nigeria? Or what was his business with reducing banditry?

Streetdoctor:
Don't rope Emefiele in dis una mess jare. Una no Wan mention ur lord and savior name again (buhari)
Be a man and mention ur master

Buhari was not CBN governor. Emefiele destroyed Nigeria. He will rot in hell.

Bobloco:
Emefiele floated the naira

Emefiele removed subsidy

Honestly, your foolery is legendary

Stop talking nonsense!!! If you don’t know what’s going on, ask those who know. Floating naira and subsidy removal are solutions to the mess Emefiele created.

Bigkoko:
The week has been going good!

For the first time Asiwaju spoke clearly through his informal Policy Strategic Chief, our own dear Werey Reno Omokri. The message was clear: Buhari, the North is responsible for everything bad happening now!

Is G-d not wonderful? Asshole Werey Reno Omokri didn't find a way to blame the Igbos or Obidients or HE Peter Obi! While the fool was carried away in his foolishness, water don dey pass under bridge. The fool had suddenly realized that only the Igbos & Igboid south of the country has the stamina to defend anyone as long as it's necessary! Don't fall for it.

This is where I want to issue a stark warning to my brothers and cousins. Keep off! Let the West and the North settle themselves. They both supported the worse they can bring to the table.....

Don't forget, Buhari tried to blame Obasanjo for Power failure. Forgetting the role Obasanjo played in shaping our democracy!

Now, Asiwaju is subtly blaming Buhari and the North for insecurity. Forgetting how he supported everything Buhari did while in office....

This is where it gets really good. Igbos and Igboid groups had somehow carved a niche in Nigeria as a formidable pressure group with worldwide reach. I for instance as a member of a Euro Zone Business Association, I know what a letter with my name signed unto it can do in diplomatic or political circles. Asiwaju will be relying you guys to defend him when push eventually gets to shove....that push began yesterday, in Minna, amplifier in Kano..... Words on the street is that the midget ex Gov of Kaduna is really out to fvck Asiwaju through the throat, and he's on task to use every means necessary to frustrate Asiwaju Govt. He may win, using religion, Asiwaju failure, hunger and total hopelessness as a means.

The microphone was tested yesterday and the lessons learned will soon be implemented North wise.

Do not join in any protest. Be wise like King David, if you believe in the Bible. I do. When G-d using His infinite wisdom foisted King Saul on Israelites, He didn't bargain for the day Saul would go rogue. Guess what, na David head He wan use take break coconut? David been a smart guy, who understand Power & loyalty struggles refused to give G-d a hand needed to dispatch Saul. Learn from that. No let foolish people, who you warned repeatedly use your head to break a coconut they stole.

The moment Asiwaju stole that mandate, spiritually I got a feedback that he will not have peace till the day he leaves......

This is just the beginning!

Nobody blames north. Emefiele destroyed Nigeria, not the north.

Bobloco:
Tinubu created the current situation.

Emefiele did. Not Tinubu.

DamnnNiggarr:

this is how it should be, and not a do or die affair.

Maximum respect to Angola for this singular act.

The best moment to be proud of Nigeria is during football season, which I am today.
Since football is the only thing left for Nigerians which still gives us joy, they shouldn't pollute it with political tribalism and bigotry.

To maintain that, don’t employ local coach.

Eunoiaa:
A woman's libido is something of an astronomical nature, and therefore cannot be 'tamed.' Women only get married to fulfil all righteousness, and just to, you know, satisfy the primordial urge of a man for a fulfilment found only in marriage.

So there's nothing like managing temptation for a married woman. This is a truth all men must accept to have a happier, healthier marital life. So the best you can do when you notice that your wife has started looking outside is to pick the young men she frolics with yourself. I mean, she's not doing it for the emotional benefits, she's doing it for the physical release which you alone can not supply.

So your best bet as a man is to help her pick men who are only interested in sex, too, not a man who will want to snatch her from you.

This is the secret of men of old to their long-lasting marriages, but somehow men of nowadays did not have it handed down to them, and now they have the redpill deceiving them that they should not accept a cheating woman. Hahahahahaha. See as a man, your honor is in celebrating a cheating wife, let me tell you. Don't allow bitter young men to mislead you in losing your marriage. Stay with a cheating wife, cherish her, have her needs met by different men, and you'll glow. To marry a promiscuous woman is to marry well.


So, anyway where was I? Yes. The sexual urges of a woman to mate with as much males as possible cannot be repressed. To get married to a woman who doesn't have this urge is a recipe for disaster. So your best bet as a man is helping her to select the playing fields that she plants her juices in.

Let me stop here for now. When I remember more green pills for managing cheating as a married man, I'll edit this comment and add them.

I am 100% sure you are being sarcastic. It is a rarity for any woman to have the urge for more than one man. Except if the man is absent both physically and emotionally to her.

Alexas58:
Rich man never get old in young girls eyes

Very true. I know better.

I ashor you, 5m is enough to move to Afghanistan. Thank me later.

Chicagograduate:
Stop making Tinubu look like a saint.That man is a confirm rigger.
However,Wait until 2027 election and see how he and his party will sweep other political parties away from their strongholds with a massive rigging.
Governorship election in Lagos State where he made his fortune are always marred with thugs who intimidate and burnt ballot boxes.
The tribunal judges and security turns a blind eye.
Tinubu detest competition.
Did you see him give appointment to politicians who contested APC presidential election primaries and later collapsed their structures for him?
Fayemi,osinbajo and their likes were all label as traitors simply because they contested APC presidential primaries with Tinubu.

You are an unrepentant wailer!!! Continue wailing!!!

garfield1:
Exactly.i just pm you

Yeah!

troytino:
If thulumbu doesn't finish Nigeria with his tribalism, nothing else will

He should kuku move Aso Villa to iragbiji

Shut up!!!! It is the right decision. Read the reasons and ponder on them. All HQs must not necessarily be in Abuja.

successmatters:
I think this is very necessary, Abuja have become too dangerous and a security threat to flyers, so we should move it to Lagos.

The whole county is looking at Tinubu to do the right things and correct IBB mistake.

We can fit the federal secretariat, and the entire ministry of interior in Ikorodu. This will decongest Abuja and make it less lucrative for criminals.

Another reason is that since Abuja residents never vote for apc, their population are better to stay in Lagos, where MC. Will be helping them to make the correct voting decisions

😂😂😂😂😂😂

Landlord97:
Jamb think everybody is fraudulent like her institution, apologize to the little girl for defaming her character, then solve the issues intelligently ASAP.

The evidence is established by JAMB beyond all reasonable doubt. These lawyers are charge and bail lawyers. The right of the child cannot be violated in criminal case like this. You are wasting your time snd money. These are meddlesome interlopers 😂

lexy2014:
since you read the news, am surprised that you have not answered the questions.

1. if you say that "The money they saved was not even there in the first place", then which money was saved?

2. how do you generate what was saved?

3. how did buhari budget for subsidy without backing it with money?

4. what did he back it up with?

If I still need to explain to you after giving you that information, just forget it, your understanding of economics is too low to waste my time on you.

dre11:
https://www.premiumtimesng.com/news/headlines/659603-exclusive-tinubu-violates-own-directive-on-pruning-travel-delegations.html?fbclid=IwAR2F7g4Qpkb6NhsLQOPhPH0bDEVt154Mf3wjpuUFUCevyyYC1OHqx6YvoMw

Have you verified how many of those 50 were sponsored by government?

Calitoscassius:
Soyinka is still daft, if you are a young man in this day and age you still think Soyinka is not daft, then you are daft just like the daft ignoramus who gave him he award that year. Soyinka award is irrelevant, rusty and stale, he cannot compete with the brains of today, inshort, he should just kick the bucket already.

Stop crying!!! You lost election, thats why you are in pain. Soyinka is not daft. He is far highly intelligent more than you. Too much pain will not let you get sense.

RingRoadCartel:
Is this man insane? Okay, so since it didn't happen, who sai? Is Nigeria better off? Are Nigerians enjoying the fruits of Democracy? Is there really any difference BTW what we call democracy in this country and an actual military dictatorship?

As far as we know, this one is worse because in the military things are done fast and decisively, whereas what we have here is a situation whereby other arms of government still worship the executive, but still there's a lot of bureaucracy which makes policy making tideous and much more expensive.

Don't even get me started on how the so-called democratic government doesn't listen to the judiciary. They detain innocent people for as long as they like regardless of how many times the courts have freed them. Tell me, what is really different? This one is even worse because it is more expensive to run!

He is perfectly okay. You are the dullard. Because winning an election free and fair has no connection whatsoever with the economic performance and governance after that.

lexy2014:
if you say that "The money they saved was not even there in the first place", then which money was saved?

how do you generate what was saved?

how did buhari budget for subsidy without backing it with money?

what did he back it up with?

You are asking those questions because you don’t read the news. Buhari said subsidy would end in June, but by January of same year there wasbno money to pay subsidy in nations treasury. And NNPC stated that federal government was owing it over 3 trillion Naira subsidy debt. I hope that is clear now.

Brendaniel:
And the government had to borrow more than 8 trillion to fund the 2024 budget...


Who is the joker here?

The money they saved was not even there in the first place. They need to generate it. Buhari budgeted for subsidy which was not backed with money.