₦airaland Forum

SeverusSnape:
The illiterate dullard knows GEJ is UNTOUCHABLE.

domopps:
A gift is a gift irrespective of where its coming from .....!




Cheeeeeers

obailala:
Who dey deplete our reserves?... it is you and I who prefer to buy 'made in UK' handkerchief with $5 instead of the one made in Aba for N50.

The nation is presently suffering from what is termed a 'negative balance of trade'. Before now, let's assume the total amount of forex leaving Nigeria per month was $10billion (this amount includes money spent importing fuel, food, clothes, foreign school and medical fees, you $5 handkerchief etc), this forex outflow of $10bn is balanced by a forex inflow of $10bn or more mainly from oil sales. Today the proceeds from oil sales has fallen by 70%, but our taste for foreign goods has obviously not changed. So today we are getting inflow of only $3bn but still spending $10bn. This is the negative balance of trade which is reducing the reserves.

To manage this crisis and prevent reserves from reaching zero, cbn has totally stopped releasing forex to banks and BDCs which help people like yourself who want to buy a mere handkerchief; except you can prove that you want to purchase an essential commodity like import fuel or rice etc, the cbn will not release its scarce forex to you. So the forex which your bank sold to you for N350 was not gotten from cbn, it was from the blackmarket. The blackmarket guys get their forex from diverse sources (including raw cash from people who return from diaspora). The scarcity of forex in the open market is the reason why it sells for up to N350 or N400.

Cc: olamonsor2

IZZIFLOW:
hail him for me Say 'Greaaaaaaat Ballleeeewite' lolzzz we wld chat again bye

IZZIFLOW:
kudos guy me i de Atbu[school of LONG VACATION BREAKS]

IZZIFLOW:
OwkMehn chairman ur own beta ooo u don go far sef....i enta jos on tuesday bt d town don taya me true wich uni u attend nah

IZZIFLOW:
we close bdat nah.....nah wich schl u attend nah

IZZIFLOW:
na jos i de oo na Hwolshe i de stay hw abt u nah

IZZIFLOW:
guy abeg no de abbreviate ur name wit God name bfr somtin Strike u oo

cruzita:
hian!! order ke

cruzita:
I'm not stingy and will never be .

cruzita:
ofcos I spend my money when necessary

cruzita:
bro I gat my own money

cruzita:
good dress sense and height

Fernandowski:
an ounce of weed

GreatAgb:
GbenGa OkwudiLi DanlaDi (GOD)

GreatAgb:
GbenGa OkwudiLi DanlaDi (GOD)

Smooyis:
Packing is what she needs now going by the background she's coming from. I believe she will get there some day. Kudos

TippyTop:
Boko Haram war in the North, possible conflict in the East against IPOB, militancy in the SS, the SW may be the battleground, winner takes the SW....

QueenValerie:
Hey,you need both ta live.

greatdeal1408:

that soil is so fertile

QueenValerie:
Rich!!!!! He can hire a tutor an learn ta read.

harmless011:
Ajala the traveller always in the air, this man should just hand over to osibanjo.

YourMrBoo:
The more attention you give to the Niger delta area..
The more prone the NE is subjected to surprise attacks by bokoharamists..

You cannot fight two fronts and expect efficient result..

Rip to those that will die in NE because if this misappropriation and cluelessness of Mr. President.

sapiosexual1:
No ma, she is not, shez in her mid twenties and running her PhD.
Sorry to say, not all Nigerian girls are low lifers or broke asses like you.

bxcode:
Can a heart filled with God's kind of love be broken?

bxcode:
Dear lord, May all unmarried persons who are planning 2 have sex on valentine day get pregnant. Let no abortion pill work for them. May all condoms tear miraculously. Let no emergency pill work for them. This is my humble prayer to you Lord. Let all the saints of the Lord say "Amen