₦airaland Forum

Exchange Rate for Dollar-Naira, Monday 15th June 2015

http://www.nairausd.com/2015/06/exchange-rate-for-dollar-naira-monday_15.html

Exchange Rate for B Pound-Naira, Monday 15th June 2015

http://www.nairausd.com/2015/06/exchange-rate-for-b-pound-naira-monday.html

Meaning.

Nigeria greatest problem is the Citizen

BTT:
That is our son. We are proud of him!

You can say that again.

Not all people walking on the surface of the earth are sane.

PAINGAIN:
Ofcourse buhari would have to pay back that money....in kind. Only God knows how.

Bro don't the media, It not B but M.

If so how much are they spending on TALIBAN

ojaydedon:
NIGERIANS MAKE UNA SHINE UNA EYES OH.. USA PEOPLE WISE WELLA. DEM NO FIT JUST DASH OUT DAT KIND MONEY. SOMETHING MUST BE INVOLVED. ITS USA..

TO APC FANS.. All una analysis of the situation get K-leg. If USA have good intentions for Nigeria, why allow all those deaths during GEJ's tenure Why dint they sell weapons to Nigeria Why the support now and not then You APC fans said cos he is not a good leader?? But tell me what that has to do with the lives that were been lost then
If it was about good intentions, they would have supported Nigeria then..


We should be worried about what they want in exchange for the support they are giving now that maybe GEJ refused them..

Should I say supported or love this.

raumdeuter:
US govt is concerned about Terror globally and are only willing to work with serious and responsible govts

The US obviously can differentiate between a serious govt and a clueless one.

You see a leader who tells people not to worry that Terrorism happens everywhere and the other who directed his service chiefs to relocate to the war zone

Who would you take serious

You are a big hypocrite and evil minded individual.
So you want to tell everyone you don't know USA way of doing things.

realborn:
The news is commendable.

However, the way Amaechi is being demonised by all and sundry is bad. He has outperformed any Governor of the State with his infrastructure strides.

I think Amaechi should be allowed to enjoy is retirement loot like every other politician of his ilk.

The new government should work hard to surpass his achievements without looting!

He brought to himself.

If this is true. Love it

PIB Threatens $80bn Investment – PENGASSAN

http://www.nairausd.com/search?updated-max=2015-06-15T09:08:00%2B01:00&max-results=12

A total of N738 billion worth of agricultural products were imported into the country in the first quarter of 2015, according to the National Bureau of Statistics (NBS) in its latest foreign trade reports. Agricultural imports increased by N132.1 billion or 21.8 percent from N606 billion in Q1 2014 to N738 billion in Q1 2015, the data show.

The value of Nigeria’s total imports stood at N1.6 trillion at the end of Q1, 2015, a decrease of N385 billion or 19 percent from N2 trillion recorded in the preceding quarter. On year-on-year basis, the value of the country’s imports increased by N99billion or 6.5 percent from the Q1, 2014 value of N1.5 trillion.

NBS explained that the 2.2 percent drop occurred despite a rise of N275.6 billion or 9.3 percent in the value of exports compared to the preceding quarter. The statistical agency said a decline of N385.8 billion or 19 per cent in the value of imports resulted in an overall decline in the value of merchandise trade.

Nigeria imported goods mostly from China, United States, Belgium, Netherlands and India, which respectively accounted for N387.5 billion or 23.6 percent N133.8 billion or 8.1 per cent; N118.7 billion or 7.2 per cent; N108.7 billion or 6.6 per cent, and N96.6 billion or 5.9 per cent of the total value of goods imported during the first quarter.

The ongoing transformation in the agricultural sector has attracted investments which have helped in reducing the country’s bill for food import in the past three years. According to the report, boilers, machinery and appliances recorded the highest import value in the agricultural products with N455.4 billion, followed by vegetable products with a value of N104.5 billion for the period.

Source:http://www.nairausd.com/2015/06/agric-imports-hit-n738b-in-q1.html

Exchange Rate for B Pound-Naira, Monday 15th June 2015
CBN E1 N304.99
OFFICIAL RATE E1 N308.60
PARALLEL RATE E1 N335.00



**Please note that the Parallel rate varies for different location

osagieworld:
hello ifyan...great job you are doing. i don't think theres anyone else posting black market rates on a daily basis like you do. pls keep up the good work. can you recommend a BDC in lagos and what do i need to take along to be able to exchange naira to pounds at a BDC...thanks

Before you buy from BDC operator,there are some certain question you should ask yourself

1.Am l buying in large quantity.

2.Will l buy constantly.

3. Am l ready to follow due process

And more

Exchange Rate for Dollar-Naira, Monday 15th June 2015

CBN $1 N196.90

OFFICIAL RATE $1 N198.90

BDC $1 N203.97

PARALLEL RATE $1 N215.00 & N218.00

**Please note that the Parallel rate varies for different location

Exchange Rate for Dollar-Naira, Monday 15th June 2015

CBN $1 N196.90

OFFICIAL RATE $1 N198.90

BDC $1 N203.97

PARALLEL RATE $1 N215.00 & N218.00

**Please note that the Parallel rate varies for different location

Let the game begins.

Truly this four years will be fun

Rumpelstiltskin:
ok OP.......here's what Mrs Osinbajo told Mrs Buhari....



Mrs Osinbajo: Madam Aisha, let us teach our husbands the lesson of their lives. We should stop cooking for them and we should starve them of s*x. Just imagine! While my husband is acting like an ordinary commissioner, yours is going on excursion around the world..........when correct hunger and konji hammer them, they go begin behave.


Mrs Buhari: hahahahahahahahahahahahahahaha


Oya OP, send my $1 million to this account;

0058354685 GoldStraw Oil and Gas Ltd, GTB.

Thanks in advance!

Abeg na joke i dey joke oooo.....
I'm pro Buhari and Osinbajo for life.....
Easy on the bashing pls.

True true your joke make sense

dunkem21:
We talking governance mehn, ..you talking campaign ..

What's wrong with this government sef ..

Love this bro

APC will are sick and tired of talk,please start wok. Nigerians are ready for work

samueld0:
Give him time! Give him time! Give him time!

This is how we gave OBJ time till 8yrs came and past, we gave Yaradua time till he died, GEJ. Was given 6yrs of time before he was elected out yet no positive change to show.

Nigerians! Baba Daura promised us change but yet his Gorvernment is still is still desame as the past past government three weeks in government no single change yet (positive or negative) building Democracy for 16yrs without any military intervention or coup but yet we are still in a stagnant position when are we going to ge it right?

Note: Buari's Eight years of ruling started on May 29th, 2015.

True yarn bro. May God heal us

Nigerians na like this we go de de. PMB should know that he is not longer GMB.

No time PMB

Let the game begins. This will be fun in in the next four years.

UnknownT:
Amaechi, new minister of women's affair

Easy bro but sha partially making sense

plaetton:
In as much as I am not a fan of Al Bashir, if Nethanyahu, George Bush, Dick Cheney, Donald Rumsfeld,etc are exempt from being Charged with war crimes, then no African person should also be charged with same.

No animals are more equal than others.

True yarn bro

Africa stop playing the puppet to west

Excuse me everyone is the op sick

joeprince23:
Any time Nigeria is compared to a smaller country like
Ghana, some great logicians would retort that “Ghana is just
as big as Lagos State,” as if the more populated a country is,
the more underdeveloped and disorganised it should be.
When such “Aristotles” are reminded that, except for
Pakistan, the other five countries that are more populated
than Nigeria – including China and India that are individually
almost 10 times larger than Nigeria – are ahead of Nigeria in
all development indices, such people keep quiet or look for
other feeble excuses. Therefore, it will not be surprising to
see such people scoff at any comparison between Nigeria
and Nnewi: “a mere town in Anambra State of Nigeria.” But it
is incontrovertible that attitude is far more critical to success
than size.
Nigeria has perennially been “work-in-progress,” with its
democracy always “nascent.” We are always changing our
systems and policies, deceiving ourselves that they are the
cause of our problem, like the typical poor workman that
always blames his tools but never himself. Although Nnewi
has some things in common with Nigeria, comparatively, it
has evolved a system that works for it, a system which gives
it peace, stability, growth and development: luxuries which
have eluded Nigeria for over 50 years.
Just like Nigerians, Nnewi people are proud people; some
would say “arrogant”. There are some reasons for that. Like
Nigeria, Nnewi is bigger and richer than all its neighbours.
The town has produced many prominent figures. Among
them is the first President of the Nigerian Stock Exchange,
Sir Louis Odumegwu Ojukwu, described as the richest
Nigerian of his time: a man who lent Nigeria his Rolls Royce
and personal driver for the use of Queen Elizabeth II when
she visited Nigeria in 1956. There is also his Oxford
University-trained son, Dim Chukwuemeka Odumegwu-
Ojukwu, the first military governor of Eastern Nigeria, the
leader of the defunct Republic of Biafra, and a folk hero
among the Igbo. Then, there is Dr. Nwafor Orizu, Nigeria’s
third Senate President and three-month Acting President in
the First Republic, as well as Dame Virgy Etiaba, Nigeria’s
first female governor of a state. There are also many
business moguls and industrialists like Chief Augustine
Ilodibe, founder of Ekene Dili Chukwu Transport, and Chief
Innocent Chukwuma, Chairman of Innoson Motors, whose
company manufactures motor vehicles in Nnewi. In all
modesty, it is doubtful if there is another town in Nigeria
that has more millionaires than Nnewi town.
However, unlike Nigeria, Nnewi is not rich because of any
natural resources. There is no proof that Nnewi people are
physically stronger, more intelligent, more prayerful, or
more righteous than others. There is no evidence that God
loves the town more than other towns. However, it is
obvious that Nnewi indigenes made their town what it is by
imbibing certain principles.
Like Nigeria’s ethnic groups, “the four arms of Nnewi”
cherish their individual identity: Otolo, Uruagu, Umudim,
and Nnewi-ichi. But unlike Nigerians, every Nnewi son or
daughter sees himself or herself first as an Nnewi indigene
before laying claim to his or her part of the town. These four
arms compete among themselves, quarrel, disagree and
resist any attempt by any part of the town to dominate
others. Yet, in all the internal rivalry, there has never been
any record of bloodshed between two communities in the
last 100 years of modern history.
The four arms of Nnewi are not equal in terms of land size
and population. They are bigger in the descending order of
Otolo, Uruagu, Umudim, and Nnewi-ichi. In the late 1980s,
three of the arms of Nnewi protested against
marginalisation and domination. Subsequently, each arm
boycotted the events the town did together. For 10 years, the
unity of the town was threatened but there was no
bloodshed.
That crisis led the town to adopt the rotation of all political
and socio-cultural posts in the town among the four arms.
So, if Otolo provided the chairman of the local government
area, Uruagu would provide the deputy chairman; Umudim
would provide the secretary and Nnewi-ichi would provide
the member of House of Assembly. Positions that involved
other towns and local government areas – like national
legislative positions, governorship, and Presidency – were
excluded from this arrangement. No arm of the town is
deemed too intelligent to always provide the leaders of the
town. To ensure that other parts of the town do not wait
forever for their turn, each person is allowed only one term
in office. Whatever magic one wants to perform in office,
one has to perform it within the three or four years of one’s
tenure.
But the only offices that are not open for contest are the
traditional ones. Each of the four arms has a traditional
head called the Obi. Since Otolo is the first arm, the Obi of
Otolo is also the Igwe of Nnewi: he leads rather than rules.
Within the four arms, there are also villages, and within the
villages, there are umunna or big families. Each level has an
obi as its traditional head. The position of every obi is
hereditary by primogeniture. In the event that an obi dies
without a son, his oldest brother takes over. This tradition
has existed since time immemorial. Nobody schemes to
become an obi or the Igwe. If the first son is guilty of
bloodshed or some other taboos, he will not inherit his
father’s throne. Because the throne is not open for contest,
it has helped to ensure peace in the town for generations.
Most importantly, there is a great passion among the Nnewi
people to develop their town and make it secure. After the
Nigerian Civil War, the Igbo lost much of their investment in
almost all parts of Nigeria. Nnewi businessmen decided to
found a motor and motorcycle spare parts market in their
town: the Nkwo Nnewi/Agbo-Edo Market. They nurtured it
and it grew to attract people from different parts of the
country and beyond. That was the same spirit that made
Chukwuma to situate Innoson Motors automobile plant in
Nnewi even though other bigger cities would have been
more attractive for such a big venture. The owners of
transport companies like Ekene Dili Chukwu, Izuchukwu,
EEkesons, and Orizu Motors also ensured that they have
major terminuses in Nnewi. Consequently, it is easy to
access the town from all parts of Nigeria.
That is the aku-luo-uno philosophy: If you have money,
intelligence, or physical strength, bring it home. No matter
how influential an Nnewi man is, if his impact is not felt at
home, he is regarded as a nobody. The people do not wait
for government to develop their town for them. Through
individual and communal efforts, schools, libraries,
hospitals (including the Nnamdi Azikiwe University Teaching
Hospital), scholarships, churches, pipeborne water,
electricity, and roads are provided.
In addition, one thing that helps to drive development in
Nnewi is the intense but healthy rivalry that exists among
the four arms of Nnewi. For example, if one arm starts a
scholarship scheme for its indigenes, or paves a road, the
other arms immediately want to beat that record. And
whenever someone from an arm of the town is holding an
elective post, other people from the other communities
watch to see what impact he will make in the town. If he
does not perform well, his people are continually ridiculed.
Unlike the Nigerian, the Nnewi person thinks of what he can
do for his community rather than what his community can
do for him. Unlike the Nigerian, the Nnewi man never
ridicules his town before non-indigenes. Unlike the Nigerian,
the Nnewi person is very proud of his Nnewi-ness: he
proclaims his identity unapologetically wherever he is and
defends his homeland always.
Undoubtedly, Nnewi is by far smaller than Nigeria, but it has
evolved a system that has made it excel. Occasionally, it
stumbles, but it does not fall. If Nigerians were to imbibe the
Nnewi spirit by putting the nation first always, seeking
peace, creating the spirit of healthy rivalry among the ethnic
groups, pursuing industrialisation, and perpetually thinking
of ways to make the nation great, Nigeria would be the envy
of other nations. www.punchng.com/opinion/why-nnewi-model-can-transform-nigeria/

You are a true son of the soil. Keep it up.

manutdrichie:
Very wonderful

God bless you

chinolization:
My happiness knows no bound because I married from Nnewi. Since I married my wife, she has helped me in turning my finances around for good. I share the pride of Nnewi people. My town is Uga but any day my town is carved out from Anambra I will use my wife's town as my hometown.

It feels poweful being in this great family called Anambra.

True love bro.
Spread the love around

dokyOloye:
The sophisticated gbegiri eaters will soon invade this thread.
Any good news from d east de always give them high BP.

True yarn bro but not necessarily needed.you ought to teach them &welcome them