₦airaland Forum

African men that think more children bring wealth should remember that the world has changed dramatically.

I think if this story is true,the man is crazy and would remain crazy.

It was Wike that exposed this scam when he said the PDP chairman should account for the 1billion he got.

Apexmoh:
By the grace of God, this man will never smell anything presidency. Just look at how biased he is - So you'll make dialogue with blood thirsty terrorist who are agitating for disintegration and fall of Nigeria because they're your brothers, but not Fulani herders who only took up arms -the same way your brothers did- to protect themselves against marginalisation, incessant attacks and cattle rustling.

People like u will not smell his presidency because of bad belle and hate.

Pray let God keep u alive.

I don't see anything wrong in agitation only if u are sound and educated enough.

Amb1045:
this thing happened on a working day not Saturday or Sunday.
Cash out season. Chop Bat and mikano money clean mouth

And Jos own was on Christmas day.

I keep saying it,that people should always report to their banks and u will see how effective this is.

Thank goodness they haven't said that Baba Tinubu bought this one for him.

Since everything na him do am.

Conngrats.

Nigeriafirstlad:
There r gamblers in America who own private jet.....

While the ones in Nigeria own nothing but debts.

Richardonald:
Na tilumbu handler type this thing,

Emilokan don japa go abroad, go Change blood.

Whenever tilumbu travel to change diapers, blood in UK, agbadorian will say he is in a strategic meeting with wike.

Dem think say we no know

U are wicked.

shortIGBOman:
But na them dey feed you.

They feed me as how?

They are feeding me yet look malnourished and unhealthy.

U need a brain reset or a mental rehab.

ursullalinda:
Just do your own poll on your street and you will be shocked.....Obi has penetrated everywhere like kerosene.....The movement is real.....OBIDIENTS we have got this......keep pushing

I went to a mechanic workshop to fix my break pad close to my office in Abuja.

I used the opportunity to sample opinion of about 5 mechanic men I met there,all of them were northerners from north central but 4 were for Obi and the other for PDP.

Lastly,one of them said,anyone who votes APC in this condition wey we dey must be a thief like them too

Kingpin1000:
Na that censors under OBJ northerners carry play southerners 419.
Under Obasanjo regime o.
Then somebody go say northerners no smart. Na northerners smart pass for Nigeria.
There account go dey read millions but na only 3 cloth den get. Northerners would rather pay for for a single room with upto 6 people living inside than build a house.
One man wey I dey pity tell me say him dey vex say him no sell onions well this year na only 6+ million naira him sell and baba still get cows o, wetin baba wear for leg na bathroom slippers. You be mumu if you feel say aboki na mumu.

U met a reasonable aboki...all the ones that I know personally are lazy.

Lionstep:
Ok..... kaiiiii dollar as of today is 730 and some useless and mistakenly born bastard are busy still campaign for the same evil government... you all must die miserably.

Honestly...the matter still dey make me wonder the kind of stupid men and women we have in this country.

TheNiceGuy:
Great delusional grandeur.

It's easy for cattle to pass through needle hole than Obi winning 2023 Presidential Election.

How will it happen?

City Boy and Golden boy issa goal

City boy is in the hospital recuperating.

Kai kai talk.

oyin44:
you just like fooling urself

People like u dont like being told the truth.

Abuja is where i live and i am saying it as it it.

oyin44:
This is just the tip of iceberg

I am so happy for all tinubu supporters

This is just Abuja.. very massive


What about if it is Lagos....where tinubu home boys are ..24/7


omo !Forget it will be more than this

If i show u the real video u will not talk.

Abuja has rejected TINUBU AND APC.

Comparing both of them is like comparing America with Sudan.

Evil vs good.

This guy must collected peoples land alot.

See his face like that of Tinubu.

On the 12th of October 2021, the Central Bank of Nigeria, (CBN) exercised the powers conferred on it under the Central Bank of Nigeria Act (CBN Act), 2007 and the Banks and Other Financial Institutions Act (BOFIA) 2020, and issued the ‘Revised Regulatory Framework for the Bank Verification Number (BVN) Operations and Watch-List for the Nigerian Banking Industry’, spelling out sanctions and punishment for breaches by customers and other stakeholders.
The regulatory Framework was made in line with the CBN’s objective of promoting financial system stability in Nigeria and it has been addressed to all banks, other Financial Institutions, and bank customers.
The Central Bank of Nigeria, in collaboration with the Bankers’ Committee, deployed the centralized Bank Verification Number (BVN) System of February 2014, which provides a unique identifier number for every customer, and the CBN revised the system to suit a more prevalent need in Nigeria, today. Under the new framework, no new account/wallet (except Tier 1) shall be allowed to operate without BVN (except inflows). However, any account/wallet (except Tier 1) without BVN shall be closed within 30 days. But a participant may choose not to continue business relationship with account/wallet (except Tier 1) holder on the Watch-List.
This is also mandatory for Non-resident Non-Nigerian Directors (NRNND) of corporate accounts. Banks are also to ensure customer’s name on the BVN database is the same in all of his/her accounts/wallets (except Tier 1) across the Banking Industry; report the BVNs of individuals in breach to NIBSS for update on the Watch-List within 1 business day of breach; report the BVNs of confirmed deceased customers to NIBSS for designation as “Deceased” on the BVN database within 24hrs of confirmation; use the Watch-list report submitted by participants and duly endorsed by the MD/CEO of the Institution, with clearance from the Director, Risk Management Department of CBN to delist the BVN from the Watch-List.
Also, law enforcement agencies; National Pension Commission; Pension Fund Administrators may be granted BVN information upon presentation of valid Federal High Court orders under the new regulations. Individuals are not eligible to access BVN information, other than their own.
The Framework further defines the operations of BVN, as well as the establishment, operations and guidance of a watch-list for the Nigerian banking industry. The watch-list is a database of customers identified by their BVNs, who have been involved in confirmed cases of breaches/fraudulent activities, as defined within the Framework, with the result that Customer’s BVN will be watch-listed in the Database if linked to fraud or forgeries.
According to the Framework, it is the responsibility of the CBN to conduct oversight on BVN operations and systems, monitor other stakeholders to ensure compliance, issue circulars to regulated institutions on the operations of the Watch-List, review framework for the operations of the Watch-List, as the need arises and apply appropriate sanctions for non-compliance with the Regulatory Framework. The Nigeria Inter-Bank Settlement System (NIBSS) is expected to collaborate with other stakeholders to develop and review the Standard Operating Guidelines of the BVN, initiate review of Guidelines, as the need arises, subject to the approval of the CBN, ensure seamless operations of the BVN system, maintain the BVN database, ensure adequate security of the BVN information; an maintain an on-line real-time Watch-list Portal.
The consequences to note:A watch-listed individual is barred from entering into new relationship with any bank;
In a situation that a bank chooses to continue business relationship with account holder on the watch-list, account holder shall be prohibited from all e-channels, issuance of third-party cheques, shall not provide reference to another customer, shall not be allowed to access credit facility or guarantee credit facilities;
Watch-Listed individual shall remain in the Watch-List for a period up to 10 years;
Penalties that applied to Watch-Listed individual shall apply to all accounts that he or she is a signatory to.
Reasons for the Framework
The Framework was introduced to ensure effectiveness of Know-Your-Customer (KYC) and Customer’s-Due-Diligence principles, and promotion of more safe, reliable and efficient banking and payment systems.
To address increasing incidence of frauds and to enhance public confidence in the banking industry.
To provide a guide for BVN operations and Watch-list activities carried out by financial institutions in Nigeria.



Once a Watch-Listed BVN has served its term in the Watch-List, the Nigerian Interbank Settlement System (NIBSS) shall automatically delist the BVN and notify the stakeholders. Where a bank realized that an individual was placed on the watch-list in error, the bank shall apply in writing, with supporting documents to the Director, Risk Management Department of the CBN, for approval to delist. The supporting documents shall be duly authorized by the MD/CEO and the Chief Audit Executive of the bank. Upon approval from CBN, the bank shall forward the approval to NIBSS for delisting. Only the institution that placed an individual on the watch-list can request for such delisting. Money Deposit Banks and Other Financial Institutions are expected to incorporate these requirements into their day to day processes to enable compliance and reporting.
For effective and efficient operation of this Framework, all bank customers are expected to provide their accurate biometrics and bio data, and report any changes in their Biometrics to any of the financial institutions managing their accounts. This is provided for in Regulations 1.5. 4 of the Regulatory Framework for BVN Operations. Follow the link to read the entire

KUDINAIRA:
INTRODUCTION
All over the word Individuals and Businesses require money to meet needs and run business operations and this need for funding has led people to seek loans from various sources especially from commercial banks. In Nigeria, the lending industry has recently blossomed because of the general difficulty in accessing loans from commercial banks and this has led to the increase of private lenders.

However, in order to operate legally, these private lenders must obtain a money lending license in the state where they do their lending business. Each state in Nigeria has a legislation governing lending that also regulates the activities of money lenders. This article explains how to get a money lender’s license in Lagos and Abuja.

REQUIREMENTS FOR OBTAINING A MONEY LENDERS LICENSE IN LAGOS
There are certain requirements in Lagos State for Obtaining a Money Lender’s License and they are listed as follows:

In Lagos state, the applicant must register as a Limited Liability Company with Corporate Affairs Commission (CAC) with at least two directors.
An application is made in the appropriate format, to the Chief Magistrate of the Magisterial District where the lending company is located .
A Money Lenders Certificate (Form B) and a letter addressed to the Permanent Secretary of the Ministry of Home Affairs are given to the applicant after a successful application, verifying due diligence and suggesting the issuing of a Money Lenders License.
An application is then made to the Police for a Clearance report on the directors of the Money lending Company.
The applicant would then make an application to the Lagos State Ministry of Home Affairs and attach the following supporting documents:
3 years (TCC) Tax Clearance Certificate for the Company and at least two directors
Office address of the company or the individual.
(CAC) Corporate Affairs Commission incorporation documents
Police Clearance Certificate for two directors of the company
A reference letter from a commercial bank in Nigeria
Proof of payment of Application of application and processing fees
Upon submission of the application, the Ministry will carry out a Physical inspection of the place of business and the license will subsequently be issued once the applicant is deemed to be fit and proper to act as a money lender. The certificate is valid for one year and subject to renewal.

Requirements For Obtaining A Money Lenders License In Abuja

These are the requirements for obtaining Money Lenders License in Abuja:

1. Application letter to the Chief Magistrate accompanied by the following:

a. The CAC Incorporation documents of the company.
b. Tax Clearance Certificate of the Company.
c. Police Clearance and thumbprint (For one or two of the company’s directors)
d. Reference Letter from the Company’s bank
e. Application letter for money lenders
f. Means of identification of the Directors (Photocopy of National I.D)
g. Affidavit of fact from of the Directors (this can be obtained from the Customary Court)
h. Proof of payment of Application fees

Upon submission of these documents and payment of the prescribed fees, the application will be assigned to any Magistrate within the jurisdiction. If the application succeeds, the Money Lenders Certificate and License is issued to the Applicant by the assigned Magistrate for a period of one (1) year and shall be renewable at the expiration of the license.

CONCLUSION
The acquisition of a money lenders license is crucial for any business planning to offer money lending services. This is done to establish the company’s legitimacy. The only organizations recognized and allowed to operate a money lending business in Nigeria are those with a government license. Only licensed money lenders have the power to file a lawsuit in court against a defaulting borrower in the case of a default by the borrower.

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How much will all of this cost ?

DANIEL AYANTOYE x-rays the shortcomings of the All Progressives Congress regime under the President, Major General Muhammadu Buhari (retd) and its chances of winning the 2023 election

The ultimate aim of political parties is to win elections but this depends largely on their ability to sell their candidates to the electorate. Many believe that the electorate in a real democracy determines the emergence of candidates at all levels. Aside from the political permutations, circumstances surrounding the emergence of candidates through public acceptance also dwell most times on promises, and candidates for the 2023 presidential election are no exception.

With the emergence of a former Lagos State governor, Asiwaju Bola Tinubu, as the presidential flag bearer of the ruling All Progressives Congress; Atiku Abubakar of the Peoples Democratic Party; Rabiu Kwankwaso of the New Nigeria Peoples Party, Peter Obi of the Labour Party and several others, the stage is set as campaigns officially commence on Wednesday, September 28, 2022, according to the Independent National Electoral Commission.

Like previous elections and the political gimmicks that come before them, analysts said about 15 opposition parties would pick on the performance of the incumbent APC government to campaign against its presidential candidate, Tinubu. Prior to the 2015 general elections, a good number of Nigerians were cut between the choice of the two major political parties, the APC and the PDP.

The then President, Goodluck Jonathan, who emerged as the PDP standard bearer in the 2015 presidential election, and the APC presidential candidate, Major General Muhammadu Buhari (retd.), took their campaigns to every part of the country, urging prospective voters to queue behind them. The political parties engaged in various gimmicks.While the PDP-led government enjoyed the power of incumbency at that time and showering of fascinating praises on records of its performance, the then major opposition party, the APC, took advantage of the failure of the Jonathan administration to entice the electorate. Eventually, the APC’s Buhari emerged the winner of the election and was inaugurated as the President of the Federal Republic of Nigeria and most citizens were hopeful of a better life.

Seven year down the lane, it is believed in some quarters that the performance of the Buhari regime will affect the continuity of the APC as a ruling party as well as the emergence of Tinubu as President in 2023. While some have maintained that one of the major aspects of wooing the electorate is the economy, others see the security of lives and property as an area where candidates must talk about to be able to garner many votes.

‘Tinubu’s chances low’

A political analyst and Professor of Economics at the Bayero University, Kano, Kamilu Fage, said the APC flag bearer had to worry about the current situation in the country because the judgment of the electorate would be based on how it had managed the economy and the current situation in terms of security of lives and property.

He said, “Any candidate from a ruling party has some challenges. On one hand, there is the probability that because they are in power, there is this incumbency factor that may assist the candidate of the ruling party, but on the other hand, there are challenges of belonging to the ruling party, especially if the political party happens to be in office for long. Many challenges of the ruling party will weigh the candidate down.“For example, one of the major problems that the APC will face is that it’s a government in power and within the time it has spent in office, there have been many problems ranging from insecurity to inflation and from unemployment to hunger and poverty generally.

“So, these are things that will weigh the party down because the opposition will take advantage of that and campaign against the party. Besides, the electorate will use such indices to measure the party before voting. The performance of the APC-led government under the leadership of President Muhammadu Buhari has come under severe criticism following the country’s economic challenges and insecurity.”

Similarly, the Chairman, Kwara State chapter of the PDP, Babatunde Muhammed, told Saturday PUNCH that the APC had failed Nigerians in the area of security and the people’s standard of living.

Mohammed said, “I haven’t seen any state in Nigeria where the APC can win in 2023. In 2015, the exchange rate when Goodluck Jonathan was leaving office was between N180 and N185 to one dollar. Today, we are talking about N700 per dollar; a bag of Semovita that was selling for about N1,300 is now around N7,000; a bag of rice that was N8,000 is now N36,000.

“Nigerians can no longer feed their families. Even what salary earners are earning now can longer take them home, not to mention taking them throughout 30 days of the month. If there is an election tomorrow, I don’t see any state where the APC can win and as politicians, I strongly believe Nigerians voted for Atiku in 2019, we all know what happened. So, the PDP is coming back stronger and the PDP will win the election in 2023 by the grace of God and with the support of Nigerians.”He added that the fact that the suffering of Nigerians had increased and insecurity was taking hold of some major parts of the country in the last seven years were enough reasons for the party to be aware that it had failed and people would not desire such continuity.

“Do we have this kind of security problem in 2015? The insecurity problems then were just in a few local government areas in Yobe and Borno states, but now, there is nowhere that is safe. All the six geopolitical zones in Nigeria now have a serious problem of insecurity. You can’t compare this APC-led government with the Jonathan, (Umaru) Yar’Adua and (Olusegun) Obasanjo’s governments and this is very clear. Nigerians are tired of this APC government,” he stated.

Adding his voice to the matter, the spokesperson for the Oyo State Chapter of the PDP, Akeem Olatunji, stated that there was no chance for the APC presidential candidate to win the 2023 election based on the performance of Buhari.

He said, “With the electoral indices of winning elections, I don’t think Tinubu stands any chance because the 2023 election is more or less a referendum on the performance of APC in the last seven years. The question is that, in the last seven years, have they better the lot of Nigerians? The answer is no.

“As of when they came in, the debt of Nigeria was around N7tn, but today, we are talking about N40tn. So, the inflation is at the highest level in history. Unemployment rate is at the highest level in history, and the cost of living is skyrocketing.”

Olatunji opined that Tinubu had offered his best to Nigerians when he presented Buhari in 2015 as the ‘saviour’ to rescue Nigeria.

Olatunji stated, “He (Tinubu) is still going to recycle the same people running this administration and Nigerians know that it is high time they changed the failing team and you cannot compensate for failure with another failure. My belief is that for any right thinking Nigerian, the days of the APC are numbered, and apart from that, whenever we are experiencing high cost of crude oil in the international market, that is the time when Nigerians used to have high reserves and excess money.

“During the PDP administration, we used to have an excess crude oil account; we used to have a sovereign wealth account whereby the entire excess funds that accrued from oil sales are kept, but now, there is nothing like that.”

On the Muslim-Muslim ticket, he said that would not save the APC from an imminent defeat, adding poverty had nothing to do with religion. “The more Nigeria makes money under this administration, the poorer the nation becomes. That they picked Muslim presidential and vice-presidential candidates is not going to save them because poverty does not understand religion. That’s why we are saying that the APC has already failed even before it entered the contest,” he addedOn insecurity, Olatunji stressed that in the history of the country, the highest number of breaches of security ranging from bandits’ attacks on civilians and the military to jailbreaks had been recorded under the Buhari regime.

This man will not find it easy at all.

He would be the talk of the town,village,place of work,Court and even his church.

It would be difficult for him to escape family humiliation honestly.

Jagabanofafrica:
No be IPOB member, we know them

TINUBU is the next President in JESUS NAME
Yoruba lokan

Try not to use the name Jesus for a drug lord.

Just a reminder.
I agree that he will lead u and ur family but not Nigeria.

His account can be used to arrest him.

We arrested someone like that around April this year.


Na police work oh.

It was the lies they peddled just to make him look relevant in the midst of others.


Tinubu is a criminal and and his handling of Lagos is similar to the way drug Lords penetrate govt just to remain relevant to all.

Same thing they said about Jos rally.

Don't be surprised.

Exmilitant:
Obasanjo once govern Nigeria. He did little to lead Nigeria out of poverty.

Have they looted more than him?

Without mincing words...Obasanjo tried and with Buhari in the picture we can now see that even Jonathan tried also,but in all,Buhari employed tribalism as a tool to destroy this country.

Still on Obasanjo matter,he was the only leader who accommodated all tribe in his govt,Jonathan did the same and even Yar'ardua did also. But this man in power never did.

Obj didn't get much votes from his people yet he never discriminated when it comes to appointments,in fact Obj ensured the federal character principle was followed to the least,he also ensured that our international debts were all paid off by means of debt relief or write off.

What has Buhari done?he created more problem for us and that has caused us bad image all over the world,his utterances are nothing to but a bad way to market us as a people.

He never said any good things about our youth despites the fact that,we have great and ambitious youth. He has often labelled the northern youths as lazy which he later went to the international stage to disparage entire Nigerian youths as lazy.

What Buhari has not destroyed hasn't been created.

OgaSeun:
Oga go and sleep....
Obi wey no build one school, one hospital for 8 years... He no even fit build crèche....
Na im you want make people vote for??
Under his watch doctors were on strike for 13 months....
He pocketed all LGA allocations for 8 years..
If he was that great dem for no impeach am.....
It is in your best interest to use your head and vote someone with verifiable records not one liar that keep dishing out fake stats and when you verify you will discover the lies.
Has he cleared his name in the PANDORA PAPER yet

Have u ever travelled.
What u are saying is not true.

We have seen the schools and roads Tinubu built ok.

spearman:
NA SO IBO PLENTY REACH FOR ABUJA
LIFE OF A NOMADIC RACE

It is the same nomadic life that made the Bristish and the French to colonised part of the world and today,these two countries are regarded as powerful nations of the earth.

Stay put in your cocoon and refused to move and be envying those who are moving and doing well for themselves.

Keep waiting to inherit two rooms from your fatbers compound.

Cypress042:
Trash

One of the armed robbers.

These old cargoes should wait till the election day,it will shock them all.

Children of Lord Lugard.

PandoraObi:
It matters because it is out of bitterness that made one Igbo boy of just 21 year to burn BRT buses in Lagos, if she is Igbo like Uju Anya we know what they are capable of.

One igbo boy burnt BRT bus...u must be a terrible liar.

If not for cameras and Cctv many of u would have attributed the Oba Palace's invation as the work of igbos too.

Well,I know your tribe...igbo matters make u guys sleep well.

May tribalism continue to keep u where u are...since u refused to have sense.