₦airaland Forum

hothead:
market stabilization actions are needed yes, but Banning crypto could push the ecosystem underground, making it harder to regulate and potentially exacerbating financial instability. A balanced approach, where crypto is regulated and integrated into the financial system with proper oversight, is a better choice.

This would allow FG harness its benefits while mitigating its risks. Benefits like having
1) alternative financial system,
2) potentially increases financial inclusion,
3)transparency of transactions,
4) better supply and demand management

Direct inflation control measures that will Strengthen the economic fundamentals

here are monetary policy proposals for Nigeria involving crypto and blockchain, targeting inflation control without stifling growth:

- Manufacturing Zones: Establish special economic zones with incentives for manufacturers, including tax breaks and infrastructure support to spur industrial growth.

- Crypto-Backed Agricultural Lending: Launch a blockchain-enabled platform for issuing crypto-backed loans to farmers at below-market interest rates. This encourages agricultural productivity, a sector crucial for growth and inflation control, by providing much-needed capital. The use of crypto ensures ease of distribution and repayment, while blockchain technology ensures transparency and tracking of fund usage.

- Blockchain-Managed Supply Chain Financing: Implement a supply chain financing system using blockchain to provide liquidity to small and medium-sized enterprises (SMEs). By using a stablecoin pegged to the Naira, businesses can transact and receive financing with more stability, reducing the pressure on forex demand, a key contributor to inflation.


- Tourism Development Strategy: Develop historical and cultural sites, invest in tourist infrastructure, and market aggressively to international tourists to boost foreign exchange earnings.

Transaction Ledgers. A public ledger recording all transactions to ensure transparency.
It can have Privacy settings to balance transparency with confidentiality through diversification and increased productivity.

Digital Infrastructure Bonds: Issue blockchain-based bonds to fund digital infrastructure projects, attracting global crypto investors and ensuring transparent use of funds.

That is great

Government is responsible for all the nonsense if someone send dollar to you they will buy it less the value but when you want to buy from them they sell high but Aboki price is the same for buying and selling that is why people go to Aboki. Secondly our dollar expenditure is far far higher than dollar income.most of those in senate have dollar they kept somewhere.can the president swear that he doesn't have dollar store somewhere

Mr Denis got it wrong, Nigeria has no brand at all our politicians have destroyed it since.how many Kenya politicians goes to UK for treatment,their children school abroad,our leaders steal our common weatth and stacked in abroad, rigged and kill during election in 24 century so which brand are you talking about.they arrest terrorist and let them go or integrate them into the army. I don't think Nigeria still have honour,it only in Nigeria snake swallow millions and nothing happened

Another big lies. no source ,no pix ,just lies

EreluRoz:
It is well, the asiwaju I know is excellent with governance but I can't really say what's happening.

Hmm something tells me the opposition are attacking him spiritually to fail

which Asiwaju is excellent with Governance, Check SW states that Asiwaju and APC led for more than 16 years which of the state can you say is well develop. The development in Lagos is simply because of the Port and the international airport to attract people to lagos

Obiedun:
Many dreamers and fake prophecy givers said more than that before the general election last year.

you thought those prophesy are over?then you don't understand prophesy. Tinubu did a lot of sacrifice to avert those prophesy but they will still come to pass.true prophesy can only be delayed but can't be denial. I pray that God's will be done

matify83:
Politics will finally wreck trump.

I hope he doesn't become the first ex-president to wind up in jail.

Hear the judge on Trump's bloated assets declaration:

Trump still had a duty to make good faith financial disclosures and adding a disclaimer clause doesn't absolve that responsibility

you need to read well he has been strip of his license first and that has been appealed so this second judgement by the same judge will still be appealed. Just like Nafdac saying smoker is liable to die young and still approve cigarettes,so if you smoke and die you are on your own

adamusuleiman2:
You Gerrit.

The 3rd picture is the Igbo pastor that said one Igbo man equals 500 Hausa men. That's Peter Obi attending his cross over service.

from the video you watched you know this is a religious war but mind you Tinubu will never succeeds and the north will never know peace as long you fight the truth. Maybe you thought what is happening to Nigeria is ordinary,The God of the christians is at work just watch

I have seen this in the South West people come to party to pack left over food from people s plate,I asked one of them what they want to do with it and she said that is what they eat to survive I was shocked.APC has succeeded in turning many to Alumajiri

I think I remember when I was small I use to hear seriki Kano. This person may be right

Do you know if you take a good bitter cleanser regularly you will not have cancer? Nigeria have good bitters that prevent Cancer but we don't showcase what we have

femisplash:
Removal of subsidy, floating of the naira, removal of FX arbitrage, investigation into CBN finances, stopping NNPCL from receipts of oil revenues, restructuring NNPCL, gas revolution and expansion, rehabiliation of refineries, decentralisation of electricity, rehabilitation of Ajaokuta steel, increased states's FAAC allocations, constitutional review, etc. The President is systematically retooling and refixing the structure from its core. For far too long we have lived a fake lifestyle and false economic realities, an import-dependent country with little or no buffer whereby 98% of her revenues services loan facility and parasitic subsidy payments. Those nations we help develop their economy through imporation with scarce FX, had at a time in their history gone through similar or worse sacrfices and economic turbulence. The current surgical economic and structural revolution is for the greater good of the country.

the man doesn't know what he is doing,why removing subsidy from what you are not producing and floating the Naira at the same time when you have not increase the amount of dollars earn or moving first from a consuming nation to a producing nation before floating the Naira.Tinubu put us in a great mess without proper planning and good economic advicer.Ego is killing that man because he taught Nigeria is Lagos

Rubbish this what they have reduced Nigerian to. You are distributing 50k and the bag of rice is almost 80k. They have succeeded in making Nigerians beggers

ArewaNorth:
https://dailytrust.com/photos-military-bursts-gun-factory-in-plateau/

they will always catch the christian producing arms but the Islamic terrorist are walking freely with AK-47 . Unfortunately captain James led the team that capture the building.oma se o

Until you leave US and come back to Nigeria and stay I will not believe you

Hambivert:
It is sad that Emefiele was a willing tool in the hands of his adversaries. Sadly, he sided with the loosing team. However I strongly believe his case is a case of 'individualised witch hunting'. He alone couldn't have stolen, where are the others being prosecuted?

Sparogatively, Emefiele is still better than Cardoso, even though they are all of the same bunch of clueless men. Cardoso has turned the CBN to a trial-test unit with his teial anx error policies.

this people failed already why will Emefiele forged document to pay international observer.Dont worry all the truth will come out

Entprys:
He told me that AFCON Trophy isn't heading nigeria.

I dey laff.
Una neva si enitin.

"Ebi npa wa". "I never chop" no dey touch Trophy

You have to respect me also

Paraman:
I agree with Sanusi. Tinubu will get us out of this mess before the year end

you people have started again. Tinubu is a bad leader ,even when he was the governor of Lagos state he did not do well,he was only covered by the good work of OBJ.

Everything APC government associates with always end in tears.SHETIMA why did you go to IVORY COAST

Somebody that have not eaten cannot climp bridge

What do you expect from a JAGA JAGA government

Karlifate:
Everybody wants to associate with the best — Lionel Messi


The Europi-Arab supporters will soon fi this thread with their tears in 3...2...1...

PSG vs Al naslr Messi played with Neymar and kyan and other great PSG players yet Cr7 play better than all of them in that match . Messi score one goal but C boy score 2. .compare Ronaldo goal with that of Messi which was the best goal,CR,7 of course.

Injustoneweek1:
Please let's stick to standard by not discussing any player that has never played a world cup final in his career.

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Why not talk about the man that won five champion League and remain the highest goal scorer in the history of champions league.Ronaldo is the greatest of all

Eti ri nkan kan eti ri nkan kan

They are still praying

The task force are they angel or EFCC is not aware of the dollar shared during APC primaries. They are deceiving themselves,as long as our politicians still take treatment abroad and their children school abroad and we continue to patronize imported goods no way forward

The same thing they told us about fuel that neighboring countries are buying our fuel because it is cheaper that is why they have to increase the price yet no solution. Pls who is advising this people. We have to be Hungary for the next 6 months God forbid BAThings

Paraman:
The wailers will tell us the CBN governor is not doing anything to stop the naira from weakening against the dollar

naira at 1419 to dollar is an achievement I'm really sorry for Ronu people, as long as naira is above 1k to a dollar Nigerian will live in pains

kingsways:
Fact is food in Nigeria is still cheaper than most other countries including neighboring countries, problem is most Nigerians are poor because their incomes are too low .

Wages are too poor and need to increase significantly

I saw some Minister lamented increase in food prices in Nigeria but that is not the issue.

See, to solve a problem, you need to be able to analyze it correctly

Rice in Cotonou is still less than 40k for your information

ONEjoblessGUY:
Jux imagine say nah foreign religion u carry put for head now.......

Probably u would have been long dead too..........

so you have not heard how gun did not penetrate real pst but at least you would have read history how John the beloved was thrown into hot oil and it have no effect on him or peter came out of a properly locked romans prison without open the gates,more so how the angel of God open the prison doors for Paul and Silas and all the prisoner with him by just praising God,you should know more of Daniel in Lions Den.you can also read about Kumuyi and the python or the history of Ayo babalola of CAC.brother God is real and powerful stop deceiving yourself

VeryWickedMan:
The US cannot go to space without Russian rockets.
Hard fact.

Us don't use Russia rocket again.Russian is yet to understand the secret behind SpaceX