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LANRYUS's Posts

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CrimeRe: EndSARS: Man Wears DPO Uniform In Edo by LANRYUS(m): 8:14am On Oct 20, 2020
Please enough of these madness. Jail break, burning of police station, attacking and shooting at security personnel is not part of the deal. We just want to be heard and let the government respond. Criminals are already using the protest as a guise to release their members from jail, invading police station and looting the armory. Let us be careful when the ships are down we will all be in this together to bear the consequences of our action. Peaceful protest I support.
PoliticsRe: Nigeria’s Debts: How Each Nigerian Owes ₦155,000 by LANRYUS(m): 7:54am On Sep 23, 2020
Please give me the account number, I want to pay my own and my family's. And please, I don't need any loan after this without my consent. Thank you.
Science/TechnologyRe: All your Inverter problems by LANRYUS(m): 10:53am On Aug 23, 2020
My Mercury 12VDA shut down immediately its loaded and gives continuous beeping sound. It display a fault sign on the screen, a triangle with an exclamation mark in the centre. Please how do I resolve it. Thank you.
CrimeRe: Aunt Destroys Niece's Body With Hot Boiling Water (Graphic Photos) by LANRYUS(m): 6:30am On Jul 11, 2020
Let her have a taste of what she did to the girl. That will be justice served.
PoliticsRe: Army: Why We Cannot Expose Boko Haram Sponsors by LANRYUS(m): 10:07pm On Jul 02, 2020
Then what is the work on f DMI (directorate of military intelligence)
PoliticsRe: COVID-19, Kogi: Sagay Advises FG To Send NCDC Officials Back With Full Security by LANRYUS(m): 12:41pm On May 11, 2020
LibertyRep:
Is it by force to declare Kogi Covid-19 active state?

The virus is like pregnancy that can't be hidden for long before it is revealed.
After all not all the provinces in China were effected by the virus.
PoliticsRe: COVID-19, Kogi: Sagay Advises FG To Send NCDC Officials Back With Full Security by LANRYUS(m): 12:41pm On May 11, 2020
LibertyRep:
Is it by force to declare Kogi Covid-19 active state?

The virus is like pregnancy that can't be hidden for long before it is revealed.

After all not all the provinces in China were effected by the virus.
CelebritiesRe: Tagwaye Twins Celebrate Their Birthday With Childhood Pictures by LANRYUS(m): 7:22pm On Apr 19, 2020
Osagyefo98:
Who say Hausa no get talent...

How this Tagwaye of a man mimics buhari is so hilarious..

God bless your new age..
He is a confirmed Igbo man. If you know you know.
HealthRe: More Doctors To Leave Nigeria As COVID-19 Gets Worse In USA by LANRYUS(m): 5:03pm On Apr 12, 2020
Yanmiriflathead:
As A Bonafide Israeli Man Of Igbo Descent, I Believe It Is Better To Travel Out Of This Worthless Contraption Called Nigeria Than To Continue To Suffer And Die In This Country. We Igbos Are Not Nigerians And Can Never Be Nigerians Till Thy Kingdom Kom
Not funny
HealthRe: Pictures Of Kurudu Market Abuja 4 Days After Lockdown by LANRYUS(m): 9:31pm On Apr 03, 2020
IsaacRocks:
Just taking a quick walk around Abuja, expecially Kurudu an outskirt of Abuja Municipal Area Council to see how people complied with the Lockdown. I was surprised to see people coming almost more than when there was no lockdown.

Police patrol that looks rickety passed me by and they were even waving me bye bye.

The Civil Defense Van was also sighted carrying planks.

A market woman I interogated why she came out even after the Lockdown sighed and said:

"E better make CORONA KILL ME THAN MAKE HUNGER KILL. YOU NO SAY HUNGRY MAN NA ANGRY MAN A FIT VESS KILLS PERSON AND KILL MYSELF THEM NO GO NO SAY NA HUNGER, KORONA NA KOROKORO KILL E GO CIME CARRY ME".

I was chocked won't show her face as she pleaded me not to snap her picture.

Pictures below.
It seems you are not familiar with Kurudu market when its really full. Those yam sellers are occupying space where other traders used to display their goods, they only have the privilege because the regular traders are not around.

Meanwhile, I have a shop in kurudu market so am talking from a position of knowledge.
HealthCovid-19: How Ready Is Ncdc To Conduct Test by LANRYUS(op): 8:53am On Mar 28, 2020
Good day. Could this be true? I propose that all of us resident in Abuja and environ should all go for the test on a fixed date.....���



To tell you the truth, NCDC can't do anything for you because they are not ready.
All this PR they are doing they are assuming people will not try that's why.
Yesterday 25/03)2020 I and a colleague of mine decided we want to be sure of our status before going into #selfisolation.
So we went through the following steps
1. We called the toll free line and after all the normal recorded stories, when we chose to speak to an agent they end the call.
2. We went to University of Abuja Teaching Hospital, Gwagwalada, they told us they don't do testing there, that the hospital is only an isolation center. They refer us back to NCDC office in town, told us that's where testing lab is.
3. We drove to NCDC office at Jabi. There are two NCDC offices there in close proximity. The first office told us they don't do testing but they directed us to the second office saying that's where testing is handled.

4. The second office too absolved themselves of that responsibility and directed us to NCDC National Reference Laboratory, Gaduwa.

5. We visited the NCDC NRL. On getting there, the security at the gate informed us that a lot of people were there too earlier in the day and were turned away. That they don't do testing for individuals unless your state took your sample and submit to them.

6.They refer us to a circular posted at the gate and told us to contact the FCT Epidemiology team lead on COVID-19.

7. When I called him I introduced myself by name and then asked him if he's the FCT team lead on this issue. He answered yes. I then asked him how do I go about getting tested. He asked who are you? Who gave you my number? I told him I'm an Abuja resident and him number is on a circular at the NCDC office. He told us he doesn't know. He said we should go to NCDC. I told him but they referred us to you. He was silent. I then asked him to advise us. He told us to go to "National Health Disease Control" which doesn't exist.
I will send a copy of the circular to this forum.
Obviously they are doing selective testing which is dangerous.
It means a lot of people might have been infected already but for lack of testing they are moving about infecting others.

While the information from the official channels are saying people are not coming forth, the truth is that people are going but are been turned away.
An I know because I was turned away first hand.

It also tells you that either the NCDC are lying to us or they are not coordinated at all. How will you explain three branches of the office each denying responsibility and pointing us to the next instead of just explaining to us the laid down procedures by the NCDC
FamilyRe: I’m Pregnant For My Sister's Brother-In-Law. I’m Scared To Tell My Sister by LANRYUS(m): 6:13am On Mar 24, 2020
thorpido:
Well,you are not blood relations so you can have the baby.
If you like yourselves so much to be sleeping with each other then maybe you can progress to marriage.
You can just have a small introduction and the wedding later.

Corona virus no even fear una.
Wish introduction again? Who dem wan introduce? Na family matter already grin
CrimeRe: 34 Cultists Arrested In Akwa Ibom. 51 Secret Groups Banned In Schools (Full List by LANRYUS(m): 3:15pm On Mar 21, 2020
drizslim:
Niger delta = Cultism
Arewa youths= Terrorism
Oduduwa= Fraudulent
Igbo's= Entrepreneurs
Middle belts= Lost sheeps

I'm in my house coman beat me or quarantine me!
You are olodo you don't know Igbo's are DRUG LORDS?
HealthRe: Coronavirus: Larfage Cement Factory Quarantined As Ogun Begins Contact Tracing by LANRYUS(m): 2:39pm On Feb 28, 2020
Sheuns:
Nigeria is just cursed with bad people and leaders. This man came into the country on 25th from a region that is currently under the outbreak, our immigration officials should have known best to quarantine these people for at least 14 days, but no, they let them pass, cos they’re oyinbo and are first-class citizens in our own country.

Just imagine the man didn’t check into the hospital when he started feeling sick. And think of the possibility of some other persons that may have come in without proper checks. Now they’re saying they’ll fight it. Lagos is extremely dirty and stuffy. How do they plan to reach everyone this man had contact with both directly and indirectly.

A friend of mine went to pick up an item from an Italy returnee that was probably on the same flight as this man on 26th and now the man is said to be in Benin, what if that man was exposed? It means I may be exposed too cos I met my said friend yesterday and we discussed this issue on this virus getting in here, and how it’ll be managed, not knowing it’s been here already.

We really need to get serious in this country. Our government and leaders are just too bad and heartless.
Please report yo the nearest disease control center for proper screening immediately. Its the best advise for you and for the sake of your family, Friends, neighbour, co-worker and the country at large. I pray you are not infected.
CrimeRe: Police Dismiss Olaniyi Ogunsoro Involved In Tiamiyu Kazeem's Death by LANRYUS(m): 3:15pm On Feb 26, 2020
Is that all! Dismissals? Not charged for murder for trial in the competent court of law? What about his colleagues that went for the operation together? You mean they are blameless?

If am to judge, the officer should be dismissed trial and sentence to death for illegally and without just cause taking the life of citizen he's meant to protect.

And for other participants in the criminal act, dismissal is in order and loss of all benefit and entitlement.

I rise.
PoliticsRe: Miyetti Allah: We Plan To Attend Amotekun Public Hearing On Monday by LANRYUS(m): 1:40pm On Feb 22, 2020
MelesZenawi:
Lolzzzzz

Morale is high ooooo..

Seems if Miyetti did not attend the public hearing, the Amotekun no go finally get head..


That is to say the Masters ( Caliphate) must be around before the servants will hold their meeting.
In as much as I don't wish to insult any tribe, there is need to set the record straight. Check all the election result from first republic you will see that the south east always support and vote northern candidate. Before independence, while southwest clamour for self rule under regional system of government the southeast oppose and choose federal system now subjecting us all under the governance of the north. So who is slave to who now? Southwest are slaves to no one, we always uphold the principle of "moja Moss" if you know you know.
FamilyRe: I Want To Leave My Wife For My Girlfriend by LANRYUS(m): 11:28am On Feb 08, 2020
OlawaleBammie:
Better tell ur wife the real gist to make her sit right and u guys should work more on ur sexuality and attractiveness.

But wait, is divorce the solution to everythinghuh? cus me i dont understand oo

Me i cant divorce oo, i would rather go polygamous... Anybody that tell me polygamy is a sin should also tell me if David, Solomon, Abraham, Job, Jacob, Mohammed and the rest are currently in hellfire., If u cant tell me dat den shut whatsoever in ur mind up...
Apart from being a Muslim that I am, polygamy is part of our culture as Africa. I don't seems to understand this doctrine of "one man one wife" in the midst of all these plenty girls.
PoliticsRe: Nathaniel Samuel, Suicide Bomber At Winners Chapel: How He Was Arrested (Photos) by LANRYUS(m): 1:20pm On Feb 03, 2020
EngrMarve:
Where is it indicated in the writing?

We all know where it is coming from and we definitely know who claims responsibility if it was successful. Wake up bro
Islamophobia
PoliticsFulani Herdsman By Name Nathaniel Caught About To Bomb Living Faith Church In K by LANRYUS(op): 7:58am On Feb 03, 2020
FULANI HERDSMAN BY NAME NATHANIEL CAUGHT ABOUT TO BOMB LIVING FAITH CHURCH IN KADUNA.

A man, Nathaniel Samuels, has been arrested in Kaduna on suspicion of trying to plant an IED in a Church.

Church security officials at a Living Faith church, caught him with the bomb making materials in his bag, and called the police.

The nation has been saved the horror of a church bombing. And the nation has been saved a religious battle.

IF the suspect's name was Musa Ibrahim, would we not be embroiled in a war of words between christians and muslims right now?

IF that bomb had gone off, Islamic fundamentalists would be blamed.

We would be told the Buhari govt was working with Fulani Jihadists and Boko Haram, to wipe out Christians.

CAN would have issued statements laced with damaging conspiracy theories.

Oyedepo would thunder against the govt and say his ministry was specially targeted because of his anti PMB stance. Afenifere would be yelling and screaming. Fani-Kayode would release a statement dripping with bigotry and untruths. Miyetti Allah would be spewing nonsense. IPOB would say their own.

And the real perpetrators would be smiling.

By the way, if Living Faith security officials had not personally apprehended the suspect, many would claim the police are lying, and this is a plot by the PMB govt to implicate 'christians' in church bombings.

Evil people are not defined by tribe or religion. They are just wicked.

I hope we would open our ears, eyes and hearts, to see that there are some people cynically trying to stir up religious and ethnic violence in the nation.

~ Bucky 2020
PoliticsRe: Supreme Court Affirms Ganduje’s Election As Kano Governor by LANRYUS(m): 9:45am On Jan 20, 2020
But day never break now. Na for night the court sit?
PoliticsRe: Army Reacts To 'alleged' Collection Of N1000 At Checkpoints By Officers by LANRYUS(m): 7:21am On Jan 08, 2020
Is it because it was the governor himself that saw it abi, what about the untammed cadets that block major highway to waylay innocent civilians, are they going to investigate that one too. Nonesensical !
PoliticsRe: How US Embassy Portrays Nigeria On Its Website by LANRYUS(m): 8:35pm On Jan 07, 2020
CSTR2:
Buhari has been in power for five years now and cannot point to one world class tertiary hospital he has built.
What then has he done?

That is not excluding the other hopeless leaders you people have been electing since 1999.

In 2023, you would still elect another useless leader that you are very familiar with.
My brother the truth remains that the kind of people we are is the kind of leaders we get. All Nigerian leaders prior to 2019 to date are not imported from other countries they are from amongst us. So if we want good government and good nation we must all change for good and condemn evil, indiscipline and indecency jointly and collectively.
PoliticsRe: New War Against African Christians - Can, Us Ganging Up In Iniquity By Muric by LANRYUS(op): 8:47pm On Dec 24, 2019
CAN, US, GANGING UP IN INIQUITY
Published December 23, 2019 | By akintola

24th December, 2019

PRESS RELEASE:

CAN, US, GANGING UP IN INIQUITY

The United States (US) has accused the Nigerian government of restraining religious freedom. On its own part, the Christian Association of Nigeria (CAN) has also supported this allegation. CAN claimed that Christians were becoming endangered species in their fatherland. The umbrella Christian organization also claimed lopsidedness in appointments under the Buhari administration.

However, a press statement issued by the Muslim Rights Concern (MURIC) has debunked the above allegations. The human rights organization faulted US democratic status and described its role in global matters as the height of double standard. The group also accused CAN of shedding crocodile tears. MURIC’s statement was signed by its director, Professor Ishaq Akintola.

According to MURIC, “We see the mention of the Islamic Movement of Nigeria (IMN) by the US as a smokescreen. IMN is not being denied freedom of worship. It is the excesses of the group that is being curtailed. Nobody stops them from worshipping but the government has a duty to protect the rest of Nigerians from actions of the group which undermine Allah-given fundamental rights of other citizens.

“We are not bothered by the US latest ranking of Nigeria as religiously biased. Has the US ever seen anything good about our country? Some foreign powers are always eager to discredit developing nations. It is a game mastered by imperialists. We can see the signs. Instead of breaking up in 2015 as predicted, Nigeria is waxing strong. The war against corruption is on course. Infrastructure is growing at a fast rate. Therefore, a spanner must be thrown at the works to justify forceful intervention and a grip on Nigerian oil.

“America should do some introspection. Those who claim to be the champion of democracy in the world cannot, in good conscience, beat their chests and say, ‘We have been fair to all’. America complains to Nigeria that Christians are being killed even when it is well known that Muslims are the greatest victims of the killings. America invited former CAN president to address Congress a few years ago. But no Muslim leader has ever been invited to the same platform. Yet America has been using the lies told before Congress to judge our country. Is this fair?

“Muslims of Southern Nigeria have been complaining of persecution for decades but America turned its deaf ears. America pretends nothing is happening to Nigerian Muslims even when the Muslim girl child is locked out of school over an ordinary head scarf which is even allowed in US schools.

“US human rights record outside Nigeria is even nothing to write home about particularly regarding its attitude to issues affecting Muslim nations and Muslims in general. Sanctions are used selectively against Muslim nations in order to weaken them militarily and economically. Israel is free to kill and maim Palestinian children while America uses vetoes to frustrate resolutions of the United Nations aganinst Israel. In fact, democracy is a sham if assessed against the backdrop of happenings in the UN where America alone can stop any decision made by the rest of the world. The US invaded Iraq without approval from the UN. So what moral right has America to judge other nations?

“If America is truly the world’s champion of democracy and the chief promoter of human rights, why is that country always silent each time Muslims are at the receiving end? More than 8,000 Muslims were massacred in the Bosnia genocide, particularly in Srebrenica and Zepa in 1995. What did America say? What did America do when Muslims were being killed in their hundreds in Myammar? Even right now hundreds of thousands of Uyghur Muslims are being detained in Western Xinjiang, China, but America cannot be bothered. Since last week, Muslim demonstrators are being killed over anti-Muslim Indian citizenry laws but the White House is only interested in bullying Nigeria.

“Our message to CAN is this, allow America to set fire to your country and we can assure you that it is not the Muslims alone who will face turmoil. Our people say that when a hen perches on a rope, neither the hen nor the rope will enjoy stability. Whether to avoid foreign interference in your country and live in peace with your Muslim neighbours while you watch your children and grandchildren play peacefully in the garden or to open the doors wide for an army of occupation which will bring general pandemonium, the choice is yours.

“CAN should remember that religion or no religion, America’s national interest is America’s priority. America has no permanent friends. Neither should anyone blame Americans for loving their own country. The blame goes to those who open the doors of their country for foreign forces to support them in eliminating or, at least, in undermining their perceived rivals or oppressors.

“CAN has only manifested its naivety in modern international politics. The US has thrown religious persecution as a bait. Unfortunately CAN has swallowed it, hook, line and sinker. It is not the first time that America will fly a kite. What was America’s excuse for invading Iraq? Was it not weapons of mass destruction (WMD)? Was any WMD found at the end of the day? Did America apologise? Iraq’s infrastructure paid for it. It was completely demolished. But above all, Iraq’s oil paid for it and that was the real target ab initio.

“The same America is now talking of religious bias in order to create tension. If nothing like religious bias is found after Nigerians have killed themselves in their thousands, America will never apologise and we will be the suckers for it. CAN is free to bring in America. Afterall, if the heavens will fall, we are all under it. But history will remember our warning to CAN.

“CAN is simply playing to type. This is a group that does the hurting, yet it is always the first to scream. CAN aptly personifies the parable of the mischievous housewife who beats up the husband but screams for help. The only time neighbours bothered to check, they found the husband trembling in a corner, with the wife beating him with a huge stick.

“How can CAN start complaining now? All the Chiefs of Army Staff under Obasanjo were Christians from 1999 to 2007 (Victor Malu, Alexander Ogumudia, Martin Luther Agwai, Andrew Azazi and Paul Dike). Four out of the five chiefs of defence staff were also Christians while all the chiefs of naval staff were Christians and the Muslims did not complain. CAN did not talk at the time. How come CAN suddenly found its voice?

“Under President Goodluck Jonathan, Christians took all the sensitive security positions. The Chief of Defence Staff, Chief of Army Staff, Chief of Air Staff, Chief of Naval Staff were all Christians until January 2014 when a Muslim took over as Chief of Naval Staff. Not only that, the Director Generals of the State Security Services and the Nigerian Intelligence Agency were Christians. The Secretary to the Federal Government was a Christian. The Senate president and his deputy were both Christians under Jonathan but CAN had the temerity to demand that a Christian must head Senate under Buhari.

“CAN accuses President Muhammadu Buhari of appointing Muslims only whereas President Buhari shares the four sensitive military leadership positions among Christians and Muslims. We must expose CAN for deceiving the global community and for inciting its followers in the country. Check the records. These are verifiable facts. The Chief of Defence Staff is General Gabriel Abayomi Olonisakin and he has been appointed since 13th July, 2015. He is still in that position. Vice Admiral Ibok-Ete Ekwe is the Chief of Naval Staff. He was appointed by the same Buhari since 13th July, 2015. Only the Chief of Army Staff and the Chief of Air Staff are Muslims. That is 50 – 50. CAN is definitely lying. But the wind has blown. We have seen the ruff of the hen.

“You will know the truth and the truth will set you free (John 8:32).We appeal to discerning Christians not to allow CAN to set them against their own brothers. CAN is fully back as an unrepentant advocatus diaboli after a short interregnum. Only the truth can set you free.

“We charge compatriots to verify claims being made by either the US or CAN. We invite all Nigerians to manifest the well known African hospitality to every American or Western citizen as those individuals do not represent their countries’ tortuous diplomacy. We call on Muslims to continue to exhibit love and care for their Christian compatriots. We warn against CAN’s connivance with Western powers. It can only be a gang-up in iniquity.”

Professor Ishaq Akintola,

Director,

Muslim Rights Concern (MURIC)
PoliticsRe: Finance Bill: New Tax Regime To Take Effect From Jan 2 – FG by LANRYUS(m): 7:48am On Nov 29, 2019
Ibegtodiffer:
Minimum wage, you have not started implementation, New Tax law proposal has not been passed by the national assembly, but the day of implementation is already known and has been announced. That is our own kind of democracy.
The New Tax Law is one of the best gift of this administration.
EducationRe: Protest: UNIBEN Students Seize CBN Bullion Van, Army Vehicle (Video) by LANRYUS(m): 8:28pm On Nov 01, 2019
natnoble:
I commend the students for peaceful protest but stopping a bullion van should be avoided in other not to encourage trigger happy security agents from firing.
I rather commend the security attached to the CBN bullion van convoy for their calmness and restrain. Bullion Van should not be stopped under the guise of protest, Never!
PoliticsRe: $26bn Diaspora Remittances: Where Are The Dollars?" by LANRYUS(op): 6:31am On Oct 21, 2019
A MATTER OF NATIONAL EMERGENCY DEMANDING OUR DEAR PRESIDENT BUHARI'S URGENT ACTION!

October 8, 2019
By Chief Anthony Ani

The above question was posed in an article in The PUNCH newspaper edition of September 9, 2019, by columnist Henry Boyo.

I have been a daily reader of The PUNCH for the past 10 years and I have not yet, read any comments from anyone on this question.

There is a need to discuss this issue, as it appears that there is massive foreign exchange laundering going on in our banks.

As the architect of the Diaspora remittances in 1996, I am naturally concerned at the abuses disclosed by Boyo.

When in 1995, we at the Ministry of Finance reviewed the country’s sources of foreign revenues, we found out that nothing was coming in from Nigerians in the Diaspora, whereas India and Jamaica were living on foreign exchange from their citizens abroad.

When I enquired why Western Union and MoneyGram could not receive money from Nigerians abroad, I was told that it was due to our tax laws.

As a Chartered Accountant student in 1962, I studied Comparative Commonwealth Taxation in Nigeria, Jamaica and the UK, and I found out that the tax laws of these countries had the same wordings on imposition of tax (“tax is imposed on income accruing in, derived from or brought into”).

The question then to me was why income “brought into” India was not taxed in India? On enquiry, I found that India had modified its tax laws to accommodate its citizens living abroad who wanted to send money in foreign exchange to India.

In 1996, I had proposed (and it was accepted by the Federal Executive Council) in a new law, regarding Nigerians repatriating remuneration from abroad, Nigerians repatriating dividends, royalties, fees, commissions from foreign countries receipts by authors, sportsmen/women, musicians, play writers, artist, etc.

Such income repatriated into Nigeria in foreign currency was 100 per cent exempted from tax, provided the foreign currency was repatriated through a domiciliary account with a Nigerian bank!

With the promulgation of this law, First Bank Nigeria Ltd brought in Western Union in August 1996 while the USA brought in MoneyGram a few weeks later.

In 1996, Nigerians abroad repatriated about $4.5bn (about 50 per cent of our gross revenue from oil) and we ensured that these amounts were brought into Nigeria, intact, in foreign exchange.

The receipts increased exponentially in 1997 and 1998 and we also made sure that they were received in Nigeria, in foreign currency.

The receipts helped to stabilise our exchange rate mechanism at N82 to a dollar, throughout my tenure as the Minister of Finance, to the extent that the naira was internally convertible currency.

Some years ago, on my visit to London, I went to Western Union office, at Marble Arch, to test by remitting £500 to my son in Nigeria.

I first had to convert the money to dollars and to my surprise, Western Union gave me a quote in naira to be claimed by my son.

I refused their naira equivalent and insisted that my son must be paid in dollars.

It was obvious to me that there was an arrangement between our Nigerian banks and Western Union/MoneyGram, whereby the former pays from their excess naira liquidity while the later retains the dollars abroad.

In other words, the dollar remittance is retained abroad and is laundered by the Nigerian banks. This is definitely against the law which provides that all remittances must be brought into Nigeria in foreign currency via domiciliary account.

If by chance, as in my case, the dollar is remitted into Nigeria, the Central Bank of Nigeria on August 14, 2014, introduced the Outward Money Transfer Service and authorised the same MoneyGram and Western Union to re-export, in tranches of $5,000 per transaction, to Nigerians abroad, on payment of the naira equivalent at the CBN rate of exchange.

Thus, Nigeria is the only country in the world re-exporting its remittances.

It is relevant to note that the naira is not a convertible currency but remittances which are meant to stabilise our exchange rates are re-exported!

There is something wrong at our Central Bank.

It could be that we have imported the mentality of commercial banking into the CBN. We now need real central bankers to govern our Central Bank.

We have central bankers amongst those in the CBN, and we also have central bankers amongst the members of the Nigerian Economic Society or, alternatively, indeed, we can even go outside Nigeria to employ central bankers.

The fact is that the Diaspora remittances are not retained in Nigeria and there is a collaboration between the CBN, Nigerian banks and Western Union/MoneyGram; in such an event, government must investigate the infraction, punish the money launders, and recover all past Diaspora remittances retained abroad!

The Outbound Money Transfer Services must be stopped and all our remittances retained for naira stability and the nation’s development.

*Etubom Ani is a former Minister of Finance 1993-1998*"
BusinessRe: CBN Fine 12 Banks N499b For Not Giving Out Loan To Customers by LANRYUS(m): 6:36am On Oct 17, 2019
maximunimpact:
For breaching its guidelines on lending to the real sector of the economy, the Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion.

According to an approved debit instruction, the affected banks and the amount they will pay are: Citibank (N100,743,055, 321); First Bank of Nigeria (N74,668,880,480); FBNQuest Merchant Bank (N2, 697,456,144); First City Monument Bank (FCMB), (N14, 371,064, 742) and Guaranty Trust Bank (N25, 147, 933, 628).

Others are Jaiz Bank (N7, 525, 165,552); Keystone Bank (N4, 162, 938, 879); Rand Merchant Bank (N2, 823,177,399); Standard Chartered Bank (N30,027,137,984); SunTrust Bank (N1,703,205,427); United Bank for Africa (N99,676,181,916) and Zenith Bank (N135,629,337,625).

The banks will lose the money at source from their Cash Reserve Requirement (CRR) with the CBN.

The CRR is a portion of the banks’ deposits kept with the CBN for regulatory reasons.

The apex bank, on July 3, 2019, directed banks to maintain a minimum Loan Deposit Ratio (LDR) of 60 per cent by September 30, 2019.

The LDR, which was being reviewed quarterly to improve lending to the real sector, was 58.5 per cent as at May.

It has now been raised to 65 per cent for the last quarter of the year.

A CBN circular: “Regulatory Measures to Improve Lending to the Real Sector of the Nigerian Economy,” says in order to ramp up economic growth through investment in real sector, the CBN approved that all banks should maintain a minimum LDR of 60 per cent by September 30.

Based on the guidelines, failure to meet the minimum loan to deposit ratio of 60 per cent by October 1 would attract a levy of fine which is additional CRR equal to 50 per cent of the lending shortfall of the target.

Central bank of Nigeria (CBN) Governor Godwin Emefiele had said that banks that fail to meet its directive on the 60 per cent LDR would be penalised at the expiration of the deadline.

“Failure to meet the above minimum LDR by the specified date shall result in levy or additional Cash Reserve Requirement equal to 50 per cent of the lending shortfall of the target,” CBN Director, Banking Supervision, Ahmad Abdullahi, said in the July 3 circular.

The LDR policy is expected to push banks to increase lending to high risk-borrowers, with the potential of incurring heavy losses and higher non-performing loans.

To encourage SMEs, retail, mortgage and consumer lending, these sectors shall be assigned a weight of 150 per cent in computing LDR for this purpose.

https://www.financialwatchngr.com/2019/10/03/cbn-fine-12-banks-n499b-for-not-giving-out-loan-to-customers/
Contact us for your business plan for business expansion and new start ups. 08031526007 lanryus@gmail.com
PoliticsRe: Wike Demolishes Trans-Amadi Central Mosque In Rivers State by LANRYUS(m): 8:38pm On Aug 25, 2019
badboywizzy:
Do they tolerate and accommodate as well ? How many churches are left for Christians in Bornu state ?
Can you please refer us to any publication where the governor demolish a church?
PoliticsRe: El-Zakzaky: Religious Movement Or A Military State Within Nigeria? (Photos, Vide by LANRYUS(m): 10:15am On Jul 23, 2019
beejaay:
How about knights in the church?every Religious group in this country have some group of soldiers like this, dressed in different ways..

Starting media war on the zakys already!!!

Religions is really the opium of the masses....
I don't think the Zaria people will agree with you on this. You can travel to Zaria and ask how people were terrorize by this your so called religious soldier. Don't ever compare this movement with other church or religious "soldiers", I repeat don't ever.
PoliticsRe: El-Zakzaky: Religious Movement Or A Military State Within Nigeria? (Photos, Vide by LANRYUS(m): 10:08am On Jul 23, 2019
Cacawa2:
How about boys brigade, man-o-war, Salvation army?
Those are registered and duly recognized. Please be objective and don't let sentiment drive your judgment.
EducationRe: Man Embarrassed As Ibadan School Refused Letting Daughter In Because Of Hijab by LANRYUS(m): 2:40pm On Jul 05, 2019
Mk12:
Is there anyone stopping Muslim students from praying at school?
It is call uniform for a reason! No casual wears are allowed in the school.
The court refused to stop the ban so you can file another case and wait for the outcome not cause nuisance with your dressing.
I am still waiting for the part of the constitution that allows you to substitute uniforms for hijab or do you see Christian girls using head tie in school?
If you want to abandon your religion tenent for western way of life so be it. As for Muslims wearing hijab is part of our religious calling and we can't abandon it for whatever reason.
EducationRe: Man Embarrassed As Ibadan School Refused Letting Daughter In Because Of Hijab by LANRYUS(m): 2:35pm On Jul 05, 2019
nnokwa042:
Why are wahabist so wicked ?in the north they even force igbo children to put on hijab still igbo people did not carry out sucide bombing now common for this girl to remove her hijab her father is making trouble why didn't he take her to ansarudeen ur ahmadiya Islamic school ?����
Lies from the pit of hell!

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