₦airaland Forum

RenaissanceGuy:
Why are these foreign news organizations always interested about Nigeria devaluing its currency and running articles upon articles on it? It's like they're obsessed with it or something.

arowolo:
They want to milk the guy because obviously he can't prove himself.

Despite all his case, he still haven't mentioned his career.

No where in the world will a police let you go if they believe you are hiding something.

Nigerian police are heavily corrupt and always capitalize on issues like this

agbari1:
What this means is that dollar was exchanged BY CBN for importer AT N357 and N307 for exporter. This means you you pay more Naira to get dollar if you are importing. This goes for payment of school fees abroad and other goods and services. Black market operators also get dollar from CBN at 357 to 1 dollars. That is why at black markets the exchange rate hovers around 358 to 362 to one dollar during the period. Government receives dollar from the sales of her oil which is kept by CBN. Projected budget of government for 2020 is based on oil benchmark price of 57 dollar per barrel. The price of oil has fallen in the global market to below $30. This means that government revenue has fallen substantially as oil accounts for about 90% of export earnings. In order to get more Naira to pay for internal spendings in the country such as payment of salaries and contractors, government must get more Naira. In doing so, quantity of Naira to be exchanged for dollar must be increased. Government doesn’t want to use the term “devaluation” hence it used exchange rate equalization. This means that no more 307, 357 Naira exchange to the dollar anymore but N380 for all multiple exchanges to a dollar. So our official rate to one dollar is now N380. Black market operators will be selling at amount higher than this may be N400 to one dollar depending on the availability of dollar in the market. Remember that over 50 oil cargo of Nigeria is on the see without willing buyers ad the demand for oil has reduced in the international market. The price is on the free fall because of Saudi and Russia price and output war. If the price of oil falls further to say $20 per barrel, Naira nearly collapse. Government may ban importation of less essential goods. It may go and borrow money from from international financial institutions such as IMF with stringent measures. It may devalue the currency further. Those with fixed income will be worse off. Prices of goods and services will go up. Demand for goods and services will fall. It will affect company revenue and lead to job loses.

DuBLINGreenb:
Ijgb welcome
Next time don't tell people you just got back from Poland without them asking or make them feel you are rich for no reason.

These does not in any way justify the action of the police but still it'll help you life longer and avoid unnecessary problems

Exmilitant:
Not making a case for the cops, but your first response to them matters a lot. some of these abroad base returnees are very arrogant and mannerless. He looks it from the pics.

helinues:
The SARS may be notorious but this guy matter get k-leg

So they demanded N10m from you for driving a big car and also because you just returned from Poland as if you are the first to do that from Delta State

Jakus240:
I stand with CR7. Any objection?

sotall:
Like trump like Nafdac


Stupid organization

Alanwalker:
if u still have a black skin and an African blood then u are a fool at forty ..... U that is smart what is ur achievement other that squatting down with ur phone and praising ur stupidity ... People want to survive how is that dumb... Am sure that u have dozens of the fvking drug in ur room.
Stupid hypocrite

DropsMic:
Dumb race

gozzlin:
Does it mean Italians naturally do not have strong immune system or what?

lawman88:
This is serious. May God help us and save us from this evil disease.

Meanwhile, start eating this leaves........ thank me later

johnmartus:
Abia state that some of you ridicule here every day is better than your state.
There's no way Anambra is better than my state .
God bless Abia state.
More one thing if you are from Anambra I hate you Because of your inferiority complex. Most Anambrans believe that they are more igbo than other people in southeast region.

RedBlackPepper:
It is only the blood of Jesus that can cure this thing. With prayers and fasting.

NgwalandAbia:
Your evil plan for nigeria will catch up with you why not use the Abuja mosque ode

wonuks:
"I made it look like" and "I actually said it" aren't the same thing. Don't make hurried assumptions. It only reveals your shallow mind. If I were you I would go over all I have said before mentioning me again.

wonuks:
MasonryMX did I mention other nations don't serve God? The way you jump into conclusion needs to be investigated. You have an attitude problem. Think about it

flexyrule:
While Nigeria's richest state Akwa Ibom is embarking on a N5 billion fund raiser for a worship center...

flexyrule:
While Nigeria's richest state Akwa Ibom is embarking on a N5 billion fund raiser for a worship center...

wonuks:
Nigeria finally joining their counterparts to fight the virus.
Read Exodus 15:26, Daniel 11:32.
Keep your confession of faith alive

TwoBottles:
Thanks for sharing. I will like to advise Nigerians in my own little way;


1. Don't shake hands with anybody.

2. Boil your drinking water and allow it to cool before drinking.

3. Eat at least half of a bitter kola everyday.

4. Be careful when buying things from the roadside. E.g. a woman selling Akara will use the same hand she uses to collect money, to count and package your Akara. Same goes for Mai Suya etc.

5. Don't eat without washing your hands.

Pls, I love you all.

scorpiogal:
Good day everyone... I made a post yesterday about my brother that has been missing since on the 7th of March. That’s the link below for the post.


https://www.nairaland.com/5740195/find-brother-missing-person-case

I really wanna appreciate everyone that said a prayer or two for my brother, and those that called to sympathize with me, God bless you all.

My brother made contact with us yesterday night, he’s fine and okay, though he hasn’t given us a story of what happened, all he said was he has been sleeping under the bridge at dopemu, how he got there all the way from ogba, we have no idea.

He’s home with us now, and we thank God that he’s at least fine.

That aside, someone from Nairaland tried to blackmail me... he called my line saying he has my brother and if I don’t do as he says, he’s going to send down his body parts, luckily for me, my brother had already contacted us at that time. So when I got the call from this dude saying he has my brother, I knew it was all a big scam.

I posted for help here, not for someone to come take advantage of the situation for his own greed and wickedness... If you are reading this now, you know yourself, you better change your ways.

Below is the number of the “supposed kidnapper” and the message he sent when I stopped picking his calls.

*08158725704*

DelilahMakinde:
The Yoruba sista from UK and the man from Katsina are most likely O BLOOD GROUP.
Most black people from Africa are blood type O.

Protect yourself and your family from the scourge.

font=Lucida Sans Unicode] Coronavirus Bulletin[/font]

Contact me for your Coronavirus prevention kits. Kill the virus before you develop symptoms. Stop before it takes hold in your body.

Contact us in my signature

guru90:
Please remove Germany from that list because of my Germany Visa is almost ready!!!

When will i travel again?

Na wa ooh