₦airaland Forum

socialmediaman:
Where is the monthly economic report that substantiates this claim you just put up here?

We will all see it in the monthly economic report that should be published by the CBN monthly for transparency, this is not some hidden access only information

You too should advocate for transparency because absence of it creates suspicion, and many of us were right about the previous government

CBN is not using our foreign reserve to strengthen our currency, get that into your thick skull.

Keep hoarding the Dollars, e go shock you when a Dollar becomes N450

Barzinime:
Read your comment again.
The people giving you likes should be wiped off earth.

and people like you ought to be shot in the head

Blazetrailer:
...Nigeria on the float....u don't know anything. People are quick to accord accolades to Tinubu for some of the things that happened in Lagos under his governorship. Now let me give you an insight of what happens as you will see a lot of this happening soon as soon as his administration starts settling down....some new ideas will start coming up and those will be painted as innovative and forward looking with many positive benefits for the populace, with a lot of PR and other public opinion shifting mechanisms as to how those will benefit the people more or in the public interest l, even if these ideas are retrogressive, needless, painful, and meaningless to the people in the face of other public priorities. These ideas are private proposals brought by business entities to make more money at the expense of the populace...but disguised as a public initiative. This will be forced down the throat if the people after the "Oga" and his boys would have incorporated their share of the revenue(%) in percentages....public assets or properties will be converted at an almost free or little cost to the business ventures....money will be made and be shared with little or no benefit to the populace. E.g. ikeja mall, Alpha Betta consulting, BAT diagnostic centre in Lasuth, LCC, Eko Atlantic(chagourys),etc....these were business proposals brought to him under a revenue-sharing formula but disguised as public interest initiatives.

I won't be surprised if this is an idea from one of the private businessmen and sold to one of his men...look deeply at the company that will implement this....as.mentioned above, na one of them...

You spoke my mind.
More business ideas will come up with the sole aim of enriching their pocket at the expense of the masses.
It may or may not eventually benefit the masses.

tiger28:
Illiterate!

This is HOW BENEFITS are given to the Citizen that are eligible for them.

Here in the US, there are special Benefits cards that are issued to Citizens who are in Need.

Illiterates!!!!

Ori e yi

hopexter:
You have a mental issue that needs urgent attention, as if you have a dime they want to rob you off. You are only seeking likes from the rodents otherwise, I see nothing wrong with this development proposed by the government.

GOD BLESS TINUBU.
GOD BLESS THE FEDERAL REPUBLIC OF NIGERIA

Your fada and your linage have ment.al disorder

KennethOkonkwo:
Weere surely didn't read!

Baba to bi e lomo ni werey

Awon ashiere

They want to rob us of our hard-earned money again.
Why not incorporate these features into the existing National ID card?

This government doesn't mean well for the average and poor Nigerians.


*Modified*
For those castigating me because of my comment, it seems you guys are not in Nigeria.
*I did my NIN registration in 2013, up till now I've not gotten the physical ID.
*No doubt I've been using the Slip, the NIN, and the e-ID on the NIMC app.
*Were you aware that you have to pay to correct any error made on your details by NIMC?
*A lot of people can't link their NIN to their bank account because of these errors. Some made the necessary payment 3 months ago but the errors weren't rectified.
*Do you think registering for National ID is a seamless exercise? I have a ward that needs this ID badly, she eventually got it but I don't want to experience the kind of mental and physical stress involved anymore. Mind you, you have to pay 5k for registration.

The government can easily pull out details of citizens with NIN and BVN, do the necessary upgrades and verification, and then issue a new ID with all these features without stressing people.

NIMC should check how Lagos state is handling the LASRRA ID for Lagosians.
There are smart ways of doing things this day with little or no stress.

https://www.lagosresidents.gov.ng/faqs/#1594837557458-efffbde5-717c

Amigoss:
This is giving Beyonce and Shakira vibes....This duo killed it,song is 10/10....Men are indeed crazy

Simi na Ojota Beyonce abi you no know?

Long overdue

Is that what you wish for yourself

Beverlyjean:
One step forward and 5 steps back can't make any nation great

Maybe that's what you wish for yourself.

Nigeria will be great again

Shadomaan7:
Hmm, impressive! Lets see if he can sustain it, weve seen this before, big talk, no action. But Ill give credit where its due, keep it up Governor Zulum, were watching.

I wish those lazy governors from the South will copy this

successmatters:
I know Mustapha Gazebo, he's a great guy

I finding solace in attacking Peter Obi and Obidients


Tinubu supporters have realized that they made the worst decision of their lives. Tinubu, whom they all voted for, has turned out to be a disaster. His economic policies have been very bad, leading to a high inflation rate, naira depreciation, hunger, and starvation. Nigerians now scream Ebi n pa wa on a daily basis, resorting to looting warehouses, looting trucks with goods, etc.

It's all gloom and doom.

There's anarchy in the land. And it's just a little over nine months in a four or eight-year tenure under the Tinubu administration.

They are stuck.

Sensible Tinubu supporters who have now realized this have become withdrawn, resorting to hoping against hope that things turn out miraculously for the better.

The not-so-sensible ones now finds solace in attacking Peter Obi, a private citizen going about his personal business, and attacking the Obidients who warned them about voting for Tinubu, who had absolutely nothing to offer.

A hungry man is an angry man; they have now become angry and violent. They no longer make sensible comments without insults. It's so pathetic.

Mustapha Gajebo will make a good senate president

This topic is not about Peter Obi

Nigeria will be great again.

Let's be positive

This is incredible

Turning desert to green fields, Borno is taking lead in the modern agricultural revolution, this is a 50 hectares maize irrigation field, 3 cycles in a year, 18.3 tonne yield per hectare. Some are talking about it, Prof. Governor Zulum is doing it.

https://twitter.com/mustapha_gajibo/status/1770435437372248395?t=sFdQLEoaB_WTpe_NN-PWUQ&s=19

Turning desert to green fields, Borno is taking lead in the modern agricultural revolution, this is a 50 hectares maize irrigation field, 3 cycles in a year, 18.3 tonne yield per hectare. Some are talking about it, Prof. Governor Zulum is doing it. pic.twitter.com/HiUsziUi4Q

— Mustapha A. Gajibo (@mustapha_gajibo) March 12, 2024

Omolara = Omoluabi

inoki247:
Lol mk dem hold dere Form A if them see rate unify truly is not a must I pass through the bank before I can access Forex...

Oga what are you hidding

ITbomb:
And you think you can still make heaven

Yes I will

chloride6:
This will create another black market

How how
Mumuuu man

jasent:
make them move an come kirikiri,you mean he should come and join you in kirikiri?is this a way of saying you're in kirikiri already? I hope you come out alive though

I no dey Kirikiri ooo
But I want make them move lamidi kanu go there.
Make e go eat watery beans maybe him head go correct small

Kidnapping is now a lucrative business until we make it to be a capital offense before it stops.
Anyone found guilty should be hanged

Jughead29:
MTN is so useless and fraudulent in it's services to Nigerians,

Imagine given bonus of 30gb because of huge recharge and then , when you open a single web page, 1gb is gone ha!!!!

MTN is rubbing Nigerians of their hard earned money and our leaders aren't bother.

See this one
You never know anything.

Na old old people dey become olubadan.
I can't recount any that spent 10 years on the throne.

Emyogalanya:
Rising sun kee you dia

I reject it

True talk

Our brothers from the land of the rising sun will call a 20,000 item 80,000.
Once he successfully cheats you and sell it at 45k, he will go to church to do thanksgiving.

Faiththatworks:
I feel very very very sad about this news. I don't understand why the Government is forcing binance to delist the naira from the exchange.
It's a very very very bad idea,I have repeatedly said it on Nairaland that Government should regulate the activities of binance,but I totally disagree with removing the naira on the platform.
Although some people may disagree but sincerely the naira has been a bit stable in the last 2 weeks since Government forced binance to stop allowing the naira to trade on the exchange.
I was very critical of the modus operandi of binance and how it kept speculating on the value of the naira,If not for Government intervention,I'm sure the Naira would have been more than 2000 naira on the exchange.
Now to how it will affect Nigerians,the CBN governor himself said 26 billion dollars was traded through binance last year,that's a very huge and staggering figure,I dare say it's just a little less than the annual budget of Nigeria,in essence binance is almost becoming a country in its own.
The money traded on binance is almost equal to our foreign reserve,no industry in Nigeria can compete for dollar demand like that traded in Binance.
Government must understand the crypto market with players like binance are helping Nigerians in meeting up some of its dollar need,and stopping the use of the naira on binance will lead to the downward spiral of the naira.
Let us assume the 26 billion dollar traded on binance is true,I believe half must be demand from genuine people who want to maybe send or receive money.
Government must understand this demand for crypto can't be wished away,if these people decide to source for their usd in the forex market,the CBN will never be able to meet up with the supply,and I'm sure even Mr Cardoso knows this.
Nigeria doesn't have any Dollars right now to be used in meeting demand from crypto buyers.
I advise Mr Cardoso to have a rethink,this is a policy somersault from his office,early this year he liberalised the use of crypto trading in Nigeria,now he's reversing the policy.
I appeal to the Minister of Digital Economy,the NSA, Minister of Finance and the Minister of Youth Affairs have a round table on how to regulate the use of Crypto exchanges in Nigeria.
This policy will Affect mostly young Nigerians,pls don't make it harder on them.
God bless Nigeria

Any genuine request for Dollar should be through the bank directly or through authorized BDC Operator.