₦airaland Forum

Slynation:
Crypto has made more people millionaire while the Nigeria economy has drove many into pepertual poverty...

So why should an ordinary citizen be bordered about the monetary policy when those in charge doesn't give a rat ass about it...

As I dey so, I just wanna make more money even if dollar exchange is #8500/$ or fuel is selling at #2500/litre no problem, but if problem dey, no problem...!!

I like the fact that you went straight to the point, not trying to falsely justify crypto like others are doing.

Iyasaburi:
Did you understand the situation at all?
Your banks cannot provide you with dollar at the regulated price and you expect the crypto companies to give it to you at the regulated price. Tell me who is destroying the country.
Mind you, it is the banks that round trip the dollars given to them by the CBN through the abokis that are the major problem Nigeria has

All Banks trade dollar at CBN rate. Stop spreading fake news.

masseratti:
you are actually very wrong, what crypto use is the market rates, in every country, not what the government fix or officials rates..
It's high time Nigeria stop using official rates for anything and allow the Naira to flow naturally and be determined by the market forces.

The bolded paragraph almost made me not to reply your comment because it shows you are ignorant. It's not an insult, you may be well educated in other subjects but economics is not one of them.

And you don't understand what am saying.

I said cryto exchange rate for developed countries to other countries currencies (non digital).

Am not talking about Bitcoin vs dollar or Bitcoin vs pound sterling etc.

Am talking about Naira vs dollar, Cad vs Dollar, dollar vs pound sterling etc in cryto trading.

In developed countries where Crypto is allowed to operate, the countries official exchange rate is adopted is such trade.


Take note that I use the term developed countries.
If you say am wrong, mention a developed country where Crypto flout the exchange rate and are allowed to operate. No long talk, just give me an example with proof.

In developed countries, any financial institution that doesn't obey the exchange rate or other financial policies are kicked out immediately. Because that's were currency devaluation start from.

[quote author=Weedhustler post=123698492][/quote]Bro, you can barely operate nairaland emojis . You must be very bright

morikee:
Ah she ain't wearing her bra

Watin Carry your eye go there?

Slynation:
You are on your own in this case oO...and who told you your authorities in power ain't trading crypto or doesn't enjoy the high rate that comes with it to dollar exchange...shey we were here when a senator shot himself on the leg by screenshoting his phone screen to show his meagre alert only for latoken pop up displaying on his screen...It was the same person hailing Bahari for banning crypto in Nigeria.

If you like don't take opportunity of the massive benefits in cryptocurrency, continue dey play...

There is no big opportunity there that is worth the damage it's causing the country.

This isn't about politics, am giving it to you as it is. Crypto trading that doesn't obey Nigeria monetary policy is harmful to the countries economy.

occfx:
I stay high from morning till close of work... Detrimental to health but money must be made and it's done by association.

In developed countries, Crypto exchange trading rate obeys the country's exchange policies (for the host country against other countries).

In Nigeria, CBN exchange rate is around 460 naira to dollar. Crypto has never obeyed this, not even once.
Their exchange rate is usually around 740 to 840 therefore contributing to the downfall of Naira while promoting the dollar.

Even payment company like PayPal had to obey every countries monetary policy. It's either you accept it or you don't operate there. It's simple.

Nigerians should shun crypto for now until they take our monetary policy seriously. Right now, we are helping them to destroy our economy.

SamboAnguissa:
Natural gas is methane though, which is cooking gas. I don't know if there are cars that run on gas, but the gas that cars use is a short form of gasoline, which is basically petrol. Americans call petrol gas.

Many people like to use the world 'gas' too much that's why there is confusion all over the place. Gas is a generalization. It can also be confusing because not all the so-called gas are actually gaseous. Some of them are liguid.

There are cars that use gas. Most of all this big vehicles you see on the road, they don't run on gasoline (petrol), they run on diesel (which most Nigerians just call gas).

proeast:
Most of Innoson parts are produced locally. From batteries to wipers, brake pads to the lights, tyres and upholstery etc. All gotten from Nnewi and Enugu! It's mainly the engine that is imported.

That's good. Thanks for the info

Honestfrend:
Just imagine a world where we Nigerians produce and buy our cars... It will be a great world..


If u n I continue buying innoson vehicles.. In the next 5-10 years the foreigners will start doing same.. We need to be the change we want the world to see.

Nigeria doesn't produce cars. What we have is assembly plant.

How I wish the government can support innoson so that they can start producing parts and welcome their Chinese partners to Nigeria.

If Parts are readily available, Nigerians will embrace it. There is hope for the country if we can eliminate tribalism, Jealousy and wickedness.

Why would you even swap crude that comprise of many products just for petrol?

To make make matters worst, you still pay heavy money to subsidized it. That's the biggest scam known to man

Are u sure these are girls?

This is Africa, check them wela o. Check between their legs.

hush15:
Price of operating the plant is not in naira. Government will not sell crude to dangote in naira. More importantly, dangote na front man. The real board of directors are these politicians. You think they don't know what they doing?

Bros all this things you are mentioning also apply to the companies exporting fuel to Nigeria.

There is no cost of importation (for local refineries), so it should be cheaper. That's the difference.

Economics is not hard, na the wickedness of man dey ruin this country.

kcdendelo:
ASUU and NLC will join soon

This is not the type of strike ASUU are known to join.

Even if they will join, it will take at least 3 months of federal government refusal to attend to their demand. That is only when they can join. They are a very decipline union.

SHINJA:
Abeg rest...

Go find food chop. .

They can not rest. No rest for the wicked

What about the Civil servants, pay rise no dey reach their side?

wisdomkid:
This advice makes sense

Because you are a sensible person.

A lot of Nigerians are not sensible, they are driven by emotions and greed.

Failure2019:
You sure say na Russia you go



Abi no be Myanmar be that

Abeg make una free the guy abeg. This post better pass the rubbish we see on nairaland with that badnews cover guy

Akuruoulo:
are u sure u are nt on drugs ?

Am not sure

SisterFire:
...I will lither his dreams with this particular snake you tiny creatures called humans are so scared of in ur dreams, surprisedly it's a nice pet in red draconian civilizations.
The fear from this nightmares will bring the vibrations of his soul to zero and a zero light emitting soul can't stand up to a woman ,if I tell him to wash my panties he will sharperly

You never jam.

One slap go reset your brain. Hopefully your husband will not have the hands of a Nigerian bricklayer. If not you go just die (you and you snake)

Most people who beat woman do not do it because they want to. It is a form of mental disorder.

Say No marriage violence.

Akwamkpuruamu:
Na so, I'm happy for Man United

Real Sociedad, Athletic Bilboa, Sevilla, will be waiting for Man U

ECASH120:

https://www.youtube.com/watch?v=As16RZ0YcSs

Nanny apprehended for performing a s£x act on a one year old boy

The suspect identified as Busayo Monday, from Cotonou was apprehended after her madam watched the CCTV she installed in her home and saw the shocking moment Busayo removed her baby's diaper and performed oral s€x on him

When her lawyer charge you for under age labour, your eye go clear.

FlawlessKarl:



Even if a whole community is wipe out in plateau, it doesn't concerned hate filled corn children, what matters to them is south east and IPOB related news.

---

I heard about 80 years+ woman was raped in Ondo by their beloved Fulani herdsmen masters and they applauded the act. Lmao
They dare not make a fuse about it, less Fulanis disown their slaves.

Bro, you are the one demonstrating hate here. Hatred cannot be hidden, it speaks for itself.

---

There are lots of good Igbo men and women everywhere... don't be misled by the few ones like this.

ipobarecriminals:
Nor mind them those useless Albinos .Black is beautiful. Dudu Osun. They call u 🐵 and throw 🍌 at u. I reply/kal dem Albino. Case finish. Be bold and don't flinch,dem go respect/avoid you

What about the real Albinos?

You will be fined for Racism against them (Real Albinos).

The solution is for blacks to start respecting and being proud of themselves.

If you call some people Black, they start to get angry saying it's racist. We need self respect.
Respect our skin first before asking others to respect it. Stop bleaching to look like white people.
Black skin is superior in every aspect. But the fools we have amongst us always downgrade it and worship and put white skin over it.

Africa leaders, build up your respective countries. Stop squandering money meant for development on foreign vacations that does not benefits your countries.

Which one is Asabawood movies again. Such a ugly name (both in spelling and pronouciatio).

Must we always copy whites. Why not come up with an interesting name even if it's not a derivative of Hollywood.

At this rate, I won't be surprised if I see upper-iwekawood movies.

They should also be charged for age falsification.

All this 45 to 50 years old guys claiming 30.


There is God oo - in Patience Johnathan voice.

Generalwoodzz:
. I'm just angry because after decades we still don't have plastic NIN cards... There was a country.




In other news: I'm actively searching for a LinkedIn account to buy. Send me a Message on WhatsApp from the number on my signature if you got any

Plastic NIN card is now available. Login to their Portal or use the NIN mobile app.

It will cost you 1,000 naira to print or download the I.D card.

Cost of plastic lamination is also up to you.

https://nimc.gov.ng/how-to-print-your-improved-nin-slip/

The main ID card is the Issue. This NIN card is temporary and therefore not acceptable outside Nigeria (for now).

Generalkaycee:
Blood of God!

Ds one don pass blood of Jesus.

"Ok. Good beat police and see wetin go happen, you wey u no even get name, heee, S O R R Y is ur name".

Poor use of full stop and commas. If the whole PRO can not punctuate a single paragraph, who among the police force will?

God help Nigeria.

On a more serious note, why should citizens assault police? It is wrong.

onuman:
You spoke my mind.
The girl without a child that he may want to marry might have had 50 body counts or more; whereas this one with a child might have had just fewer body counts. Provided the child is little, once he adopts the child, and takes the child as his, that is a big gain for him.

What about the father of the child.

Just dey play dey eeh..

Unless the father consent, problem go happen sooner or later.

Praxis758:
Any dog that lives above 2.5 years in either Ondo town or Calabar should automatically make it to the Guinness book of records.

Those people no fey take eye sight dogs @ all. Do meat dey always shak Dem.