Lexusgs430:
CBN & FG are getting very desperate...... 😁😜

Same way buhari banned twitter (Lie Mohammed), we are still awaiting that proposed twitter HQ in Nigeria......

FG kidnapped Binance officials, then placed a ransom on their heads...... 😊

Same FG is seeking FDI.... Clueless bunch of incompetent morons....

Whatever. Binance should pay. Dstv paid, MTN paid, Olam paid

Zupay:
Yimu, I guess Binance is also responsible for the reckless government spending and the ones they are stealing!

It will soon be their turn, for now Binance you pay up and leave Nigeria

Abeg you quickly go to hospital. Glaucoma is irreversible. Safe whatever little vision you have left.
Don't mind all these bitter cola eye drops. It's obvious they weren't having glaucoma. If you understand the prognosis of glaucoma, you will know why it's irreversible.

You guys love negative news about Nigeria. Las Las, we will all pay the price including our children.
These are the type of contents that foreigners will read and they profile us.

patrickcollins:
Do you expect him to abandon a world bank job to be in a committee just to be a floor member

The job is a non Executive Director, they meet maybe 4times in a year

ask4bk:

This shows that you and the government are equally clueless to how Binance and P2P works.
First of all, prices are not fixed by Binance but by sellers who are speculators. That's why the price for dollar in Binance is always same as street price.

In P2P, Mr. A in Nigeria has naira and wants to buy dollar. Mr B in Nigeria has dollar and wants to sell to get naira. Both Mr A and B have accounts in Nigeria in naira. Mr. A contacts Mr B on Binance and they agree to trade. Mr A sends naira from his Nigerian account to the Nigerian account of Mr B. Mr. B confirms he has got the money, and Binance releases the coin to Mr. A.

In the above transaction, did 1 naira leave Nigeria? No.
Money only moved from bank A to bank B all in Nigeria. Though banks won't know what the movement was for just like when you pay a store owner money for what you bought and naira leaves your account to his account all in same Nigeria.

So the narrative that 20b USD left Nigeria is false and easy way to deceive people just to run from accountability of their failure.

Binance gets money when you internally move coins, and not when you do P2P.
Is it not same government that once thought aboki Fx was the cause of naira decline? Imagine! Same energy leading them to attack Binance now.

They are only specialised in bringing Nigerians to top suffering. Give us dollar, no. Now let's buy digital dollar with naira remaining in the country, no again.

All the developed countries trading P2P in Binance are they idiooots? Even Egypt with failing currency, they not blaming Binance cos that will be foolishhhh way of thinking

I like half smart people like you.
So what government is saying is that
1. Sellers bid high rates not based any fundamentals but purely speculative, thereafter that rate becomes the benchmark for Mallams that sells Dollar by the road side.
2. You use Naira to buy digital dollar, the total digital dollar transacted in Nigeria is What the government estimated to be over $20billion.
3. Those who are transacting these businesses are not know to the financial system, no KYC.
4. After buying the so called digital dollar, you then use it to do illegal transactions like payment of ransom, receipt of proceeds of yahoo from pickers etc
5. Don't just mention Egypt because they are in a very serious mess with their currency and are only doing what Jonathan and Buhari did, holding the values artificially, but for how long.
What you didn't tell us was why Binance was charged for money laundry in USA, paid a heavy fine (which they should pay here too in Nigeria) and their CEO, Zang was forced to resign.
Nigeria national interest is supreme to any other interest. Those of you claiming to be making money on the B2B platform in Binance are responsible for where Naira is today and no wonder you are crying over it. You only make money when Naira goes further down and you guys kept pushing it further down with your greeds. Unfortunately, you people cry the most that Naira is losing value,yet you are responsible.
Nigeria is bigger than all of you. God pass all of you.

Small time they will say they were not given appointments. Continue.

oyatz:


What if the Military put Peter Obi in Power to make Nigeria great?

You guys are delusional

Creditalerts:
Ur son is gone

Take him to uselu Psychiatric Hospital Benin ASAP


Bitter truth

To do what. That boy is still growing, after this stage, he will begin to build flesh

Putindbutt:
They must cough out the $28billion, every money laundering platform is in trouble.

Even the USA charged Binance and forced it's Chief Executive to resign. They also pay a huge fine in excess of $2billion. Nigeria must make them to pay fines also in billions of Dollars

fourboys:
Lies

True, I know of the one he mentioned in Kwara State

ask4bk:

The other developed countries that have their currency in Binance area they fooools?
The clueless gouvernent asked for a floating naira. What floats better than p2p rates? He's seeing how his I'll decision is bringing down the country and instead of blaming himself, he's attacking institutions that have nothing to do with rate determination.

FCFA is 650 to 1usd.... FCFA that was 3 times less than naira is more 2.5 times more than naira in a space of 9 months.
He's a failure and needs to admit it

Oga calm down. This is a piece of decision that was long overdue but because of weak leadership, we couldn't tackle it. Go and trade Crypto in China and see what will happen.
That platform was bidding higher rates to make more profits and that floats into the economy. It's unregulated and therefore contraven the investment and financial laws in Nigeria.

richiemcgold:

...but all these years, these same people (including Falana) have been advocating full implementation of oronsaye's report. Why kicking against it now that you're about to get it implemented?

Nigerian activists are the most confused in the world, walahi.

He just talked nonsense to remain relevant to his constituency.

UnwillingColony:
These people want to mess Nigeria up on all sides. Even our religion we dey hold to encourage our lives and find hope, they want to collect it too. Konidafuyin

So it's only by making noise and disturbing others that you can have your religion.
Churches should use sound proof

GanagiBitrus:
Christians will be worst hit.

How? Mosques needs loudspeakers for every call for prayer

boladez:


This is false the price if you do a simple Google check is 11k naira . You know Nigerians dont read or ask questions hence your deliberate deceit.

Please stop misleading people

The OP might have exaggerated, but he made his point.

EreluRoz:
Sad, I think he's mentally unstable.

Naaaa, he's unstable yet he cld pull the trigger.
I thought Igbos were bragging that there was no hunger in South East

omowolewa:
BBC and sensational news

Na igbo reporter

Believeintruth:


Google is your friend, why are you afraid of using it?

Loot at you. Oshisco

Believeintruth:


before you start saluting know this that PMB and GEJ also implemented the Orosanye report. so what really is Tinubu implementing?

Why not mention what they implemented

trutht828:


The white paper for the report (The modus operandi) wasn't submitted until 2017 during tinubu backed buhari's government.

Leave Jonathan out of APC's failure

Who's to do his white paper for him? He started a good job but couldn't finish it because of lack of courage. Same thing with Buhari

nnachukz:

Someone that is just ransacking the archive to see anything he can just hurry up and sign even without understanding anything there. Once he is told it will not affect him and his boys directly, fiam, he signs.

What we should ask is why Jonathan didn't implement such a wonderful report as this despite issuing a white paper on it. Look at the Constitutional amendment that Jonathan did, he couldn't implement.
Buhari too did not have the ball to implement this report too.
I salute PBAT on this.
I salute the President for his courage.

A very good private Hospital with trauma specialist would have been better. So sad to lose such a life cheaply. Imagine thousands of similar situations across Nigeria. So sad

IamAtikulate:

Ok.

The project will be commissioned on the 26th and your President will be in Aba to experience Igbo man ingenuity.

We solved the power problems Nigeria couldn't since 1960.

Anambra power project is coming up really fast and theirs is over 1500 MW.

Why turn this wonderful project into tribal issue? Congratulations to Aba, I hope this will free the huge potential available in that axis.
For Prof, I salute your resilience and commitment in seeing this project through despite huge challenges. You even have to resign your Ministerial position to solidly see this project done. I certainly got inspired. God bless you once more Prof

jkpbestseries:
Before July military will take over.

You must be a baby

CyracksMrBlogger:
Rewarding mediocrity, that's why we keep underdeveloping. Just look at the kind of topics that makes homepage

Bro you are the one with serious emotional problems here. He's rewarded not because of the dance, but because of his passion, commitment and the level of his involvement with his students.
Try and take it easy, live is not hard.

Bluearrow:

Na usdt make Ghana currency fall??
A country without light, unemployment zero, no good roads, insecurity everywhere, export capacity is zero, how on earth will such currency withstand dollar without support. Go read 50 cent recent comment on Nigeria. The govt will stop this floating after sometime and start paying again, my only worry is hope they don't do it late. Because they will be starting from the current exchange value to start defending it. Same way they are now paying subsidy at 700 naira, something they removed at 195 naira.

I share your frustrations with the ways our leaders are leading us, it's a big shame. We differ in a few areas;
I had said it before the general election that whosoever becomes the next president will be in a very big trouble because Buhari messed up the whole nations economics. Before leaving, Buhari was borrowing to pay salaries and meet the petrol subsidy payment, crude production was below 1million barrel per day, the little crude production has been pledged through forward payments contact. What do you expect from any incoming President.
I didn't voted for Tinubu, but even if Obi or Atiku had won the election they won't fare better.
Also note that over the years back, Nigerians consumption of foreign goods (food, educations, health etc) has been very high.
I believe the government must sustain this reforms if we will ever have tomorrow.
Citizens must continue to put enough and significant pressures on the government to spend the increased revenue for our common good, we must invest in boosting local productivity to replace those foreign goods that have now become very expensive, give intervention funds to industries and power sector and let domestic production based increase.
If Nigeria can increase crude production in the next 12 months to 2.2 million barrel per day like the days of Yaradua and early Jonathan, things will get better.
Having a strong currency is not the eldorado as most people thinks, it makes your export expensive and your import cheap. In the reverse, a cheap currency makes your export cheap and your import expensive. Nigeria should take advantage of the latter.
We must boost productivity, meet most of our local demands (that will create jobs for our youth) and bring back the decimated middle class.

Bluearrow:
Smh
All these govt agents sef
Instead of advising your president to work on the economy, u are talking about usdt. Other countries like Ghana & south Africa, why are their currency not falling because of usdt? I pity una

I hope you know what you are saying? Ghana fell to a point where they have to rebase removing three zeros from their currency, meaning if you were holding 10,000 before, you now have 10. Since then, the currency has gone further one zero down

Maks27:
A former Military Head of State for that matter
Nigeria has gone down the drain

SMH

And you are a Nigerian. How do you guys feel when you're cursing your country?