₦airaland Forum

Brilliance9000:
Ngozi is no fool...she knows whom to serve with. Obasanjo, Jonathan...yes. Buhari...No...he still a dictator, won't listen to advice!

I feel is more like a honour thing. She wouldn't leave Jonathan to serve with his rival Buhari. Obasanjo and Jonathan were in good terms, in fact political father-son. So it was easy for her to make such decision/transition then.

TheFreeOne:
So it means if I am a correspondent bank or exporter i stand a better chance of making more money via roundtrips.

Since business is about making profit why bother to export for development transactions if i can make more from becoming an illegal 'bureau-de-change' operator

The reality on ground is that cbn officials, bank executives and those guys in the forex dept have found a perfect cash cow via this forex restrictions by CBN.

It is not that straight forward as you have imagined. People importing goods/raw materials have what they call letters of credit. Once the goods are supplied and verified, the Nigeria bank pay dollars to the international bank of the suppliers abroad. The manufacturer here is not in contact with the forex exchage. He only pays equivalent naira to his local back.

However, there could be sharp practices allowing leak for round tripping, this is clearly regulatory responsibility and internal audit watch.

landuseact:
I believe i raised about 3 out of the five points you raised here and someone else addressed this issue. I wonder why he or she chose to bring this up again.

Yeah...we did raise these points. He is probably depressed and confused and needed reassurances. So he is got it clearly again.

To reiterate, do not change your your school or your course again. Work at getting all As. Don't be despair. You will be hurt to find everywhere is same on changing location AGAIN.

ProfTPE:
Hello chief, I'll just answer based on the knowledge I have. Texas A&M is a great school. Count it all joy if you get into the programme. University of Houston is pretty decent too but I'll respectfully tell you UH isn't in the same ranking with A&M. Ciao.

You can't be too right! Texas A&M and UH are miles apart. Texas A&M is a worldclass institution. UH is good because of Texas opportunities which Texas A&M has too.

MaleoPearls:
3/4 × 4 = 3. So 3+2=5

You are not serious o. How many water melon can you use to form what you put of there?

talut:
Who no sabi dis 1.na 5 jhor

It's not 5. It's 6. Where can you get one quarter to fill the three quarter water melon. Clearly, the remainder of the 3/4 water melon is not in the picture.

But you can merge two halves to become one. We have four halves there. That is two water melons plus the four incomplete water melon. That is a total of 6.

Obiagelli:
80% of these agencies should be scrapped, they are absolutely useless.


6. Petroleum Technology
Development Fund (PTDF)
7. New Partnership for Africa’s
Development (NEPAD)
8. Nigeria Social Insurance
Trust Fund (NSITF)
9. Nigerian Content
Development and Monitoring
Board (NCDMB)
10. Federal Mortgage Bank of
Nigeria (FMBN)
11. Tertiary Education Trust
Fund (TETFund)
12. National Information
Technology Development
Agency (NITDA)
13. Petroleum Equalization
Fund

23. Industrial Training Fund
(ITF) (xxv) Nigerian Export-
Import Bank

16. Bureau of Public
Enterprises (BPE)
17. Petroleum Products Pricing
Regulatory Agency (PPPRA)
18. Standard Organization of
Nigeria (SON)

Useless agencies

You are not serious! if only you knew what they do? Without TETFUND for example, many serious interventions in higher institution development would have been grossly absent. They have trained over 5,000 Nigeria lecturers abroad. I speak because I am a recipient of Tetfund award based on merit.

imperiouxx:
You can take min of 9 and max of 12 credit hour/semester. When on GA, they will hardly let you take more than the min.

You are very correct in this instance for those seeking graduate degree. But it's a minimum of 12 credit hours for those seeking Undergraduate degree. More so, graduate can take up to 16 credits hour. However, he would have to pay for each credit unit taken. You can alter your units within the deadline of enrolment.

Jchi9876:
sweet question.

Chase flat fee of $40 for wire transfer covers all charges (technically) but naija banks are still playing games in their dealings.
Whenever i transfer to any GTb dorm (outbound) the payment is received in full without any charges.
Firstbank is my number one culprit they always dip their hand and take out a few bucks most times about $15. cannot remember the name they call that charge.

Now for inbound transfers from dorm naija to US whenever i use my FBN there is an option to say bear all charges that way when it comes in my us bank dont get charge but if that option isnt checked depending on your us bank in my instance chase bank will charge 15bucks.

Transfers from naija isn't a flat fee depends on the amount.
About 4charges just make sure when you transferring from your naija you pay attention the charges are ridiculous and 4 out of ten times FBN had to do reversals owing to over charges.

Their foreign transfer desk for lagos still dey learn work

Thanks for your succinct analysis. I think your bank, Chase Bank is way better than mine(USbank) in terms of international transfer deals. I will see how I could open an account there.

Did anyone see the maritime institution in the north that has just been upgraded to University?

Meanwhile, Amaechi has just denied the south a maritime University. Who is the fool here?

Jchi9876:
i bank with Chase and two credit unions
with chase its a flat fee of 40bucks depending on your bank just add the account as an external account under wire transfer and fill the details

Does the receiver gets charged at the other end using your bank? I got charged twice using USbank. One from US and the receiver got charged too as international transfer tax. I felt kind of awkward.

CaroLyner:
that white one

He wouldn't give up even at the point of death staring at him. I hope guys don't get caught in goat-like hormones.

Ndolarr:
CBN may wish to consider introducing the following measures in addition to directing the banks to publish their official weekly forex applications. Importers should be directed to submit copies of their weekly forex requests to the CBN or it's accredited agents to monitor the time frame of final release of forex to overseas suppliers through the various banks. Also, invoices submitted by importers should be reviewed by CBN or its special agents to ensure that prices are not inflated to take forex out of the country. Banks should be compelled to periodically publish their Open Account transactions and dollar equivalent of withdrawals by Nigerians using naira cards overseas. Further, declaration of forex being taken out through the airports should be taken seriously and well documented. BDC should also submit their weekly forex transactions to CBN, showing sources of their forex stock and end users. The totality of these measures, among others, will reveal significantly the outflows from the system. Once we have this data, it becomes easier to see which bank or entity is engaged in forex sharp practices and the penalty should be hefty, including jail term for the internal audit staff of defaulting banks without option of fine! To complement the above measures, the federal government should outlaw the use of forex in any transaction within Nigeria and offenders should face serious sanctions including jail term.

This racket can't succeed in developed Nations. Why? The importers will report to police,efcc and regulatory authority immediately.

There are investigative journalists that will pretend to do such fraudulent deal with the banks just so as to catch them red-handed with video proof. Such journalists becomes heroes.

Why are we this lukewarm and condescending in this country? Government cant be everywhere, we need to help them.

Adesiji77:
There is actually more to this.

Some importers are actually "over-desperate...brb

Cc: lalasticlala, dominique, Mynd44, Seun

Nigerian importers are crazy. They ought to report fraudulent practice. All the other banks with take high level caution after one had been indicted and slam with billions of naira fine. But they would stay dumbed and be complaining Nigeria is bad.

In the real sense, they are the evils killing the country with their inaction in the face of injustice and impunity

MsNas:
I just had to log in to post this. Where are you getting these ridiculous figures from? The internet? Do you live in CA? If you don't, then I don't think you would know anything about the pay structure and housing situation in California. Stop making up figures please.

And who told you it's easy to get a green card in Texas? Lol. I laugh. You better remove your rose colored glasses and set realistic expectations for yourself before you get to the US. Ask people living in Houston and Texas about how many of them have gotten green cards and how easy it is to get jobs.

I tire for the guy. He knows next to nothing about Texas and others states in the US even more so, the way they are structured.

Fortissimo:
But guys regarding OPT, does it matter where ur school is? Aren't the applications done online? So really I'd assume sm1 in mississippi shd be able to apply for, and get OPT in new York. Or am I missing something?

No are correct. Anywhere goes.

veleta:
Please guys,can I send money through western union or money gram to myself and cash it by myself toowhen I get to Usa .please, how long can the money be in transit before I can cash it and hope its dollar that i would receive?would be coming for vacation and the black market rate is too high.thanks for your response

Why would you send money to yourself. Don't you trust anyone enough to send it like your siblings? That should sound better. Or you should let someone send it while you are still in Nigeria

ADENIKETINA2015:
I'm really happy for her. I was a bit skeptical at first because of the kind of people we are(yes there some amazing ones) but all that changed after seeing the actual picture before TY Bello did some finishing touches to it.



All I'm praying for is for GOD to PICK MY CALL TOO


I'm tired of this valley

I am happy for the girl. But the way they are going about it is really wrong. The marriage will break down if the husband is not also taught finesse. The husband should go into poise school with her.

kroger:
My talent would have been wasted like many others, yeah i am planning on starting up an IT company in Nigeria soonest and solely for talented nairalanders and not looking at degree.

If you had talent plus zeal, you can never go to waste! Like you,many Nigerians with poor grade have also risen to the top of their careers and businesses. Just that the fraction is less as compared to the US. Clearly, there are scarce opportunities here as compared to US too.

I am glad that you made it. However make best use of any opportunity and place you find yourself.

Richmond996:
Same thing with worldremit 194. Western Union charges $5 for transfer while world remit charge $4… western union is just a rip off, when you go to collect the money, they give you naira instead of dollar knowing how much you could change it at the black market

It's not western union. Its the government policy. So as to discouraged parallel market differentials. Each country states how they want sent money remitted!

kristisking:
6pm may be late to some people depending on their schedules and nature of jobs. If she is a full time house wife, 6am may not be too late but if she is the type that works and has kids, she should try and be waking up before 6am. Op you can encourage your wife to sleep early, as the saying goes, early to bed, early to rise.

I can hazard a guess that they are newly married with no kids or grown up kids

redcliff:
Rich people dont just come out to say they are rich..besides who works and wakes up by 10am...bros wat are u not telling us?

Really? The greatest boasters are the rich ranging from music stars to top business moguls . However, I only chipped my success in so as to prove that one could still do well if you woke up late. By the way, I make up for my deficiency by sleeping late. I said 8am on the average. That means 10 is rare but it happens.

Although I regret my action, yet this is my weakness. I won't tell u my job here but u may find it if you looked through my previous post if u are that curious.

Again. I am rich. Very rich! And it's personal wealth not inherited!

vivyval:
Hi Mayflowa, will be entering the US by next month, and my passport will expire April 2017; will be in Nigeria by December, and I plan to renew it then,will I have issues at the POE?

Not at all. You are good to go. Once your passport is valid 6 months into the future at the POE, no one will question you on it.

vybzkartel:
She wakes up at 6am

sometimes after 6 am

and i believe a virtuous wife should be waking up earlier

I am often up by 4am or 5 am

She wakes up late and doesnt pray

I have been diplomatic, harsh and all...but she hasnt changed. what do i do?

Sincerely, your wife too try. Waking up early is my weak point. I work hard but when I sleep, I sleep hard. Like a dead man! I wake up like 8am on the average. There were times I woke up by 10am. It may interest you to know,that I am on top of my game and rich. If I woke up earlier,I know I would have had more successes and lesser procrastination. I am still good. So your wife is great. Don't push her hard!

rogerdavid:
Hello Folks

I am a new member here. I have read through several posts here; i must say that I am quite impressed with your astute, sound and relevant advice.

As I prepare for my Graduate studies come Fall this year, I have questions on my mind. But let me start with these:

With my I-20 from, how soon can I apply for visa, considering the fact that Fall semester won't start until August/September?

Secondly, my passport will expire in December 2016 and I am sure you are aware that I can't get renewal from immigration before a six-month pre-expiry timeline. What do you suggest I do about this?
Thank you

You can actually renew your passport before six month to its expiration. I had same issues but it was renewed without stress. Like 9 month to Expiration. Renew your passport before filling your DS2019.

However if you choose to go with your current passport, there won't be any issue at the embassy. You only have to go do renewal before you travel lest you will be denied entrance at the POE

We seriously need a protest match in Edo. Only one person takes 10 %. He must really think we are foolish!

These people are using us and our future. How can development ever come. To even think he gave a paltry 35m to the Deputy shows he knows what he is doing

epelumi42:
Well, We've been together since last year and I'm aware that her parents are based in US. She told me she was preparing for something big and said she wanted to make it a surprise. Two days to her leaving, she told me she won't be available for two days. Her cell will be off, and that I shouldn't worry. Well, since I travelled, I had no chance to check or do anything. After the two days break, she just called to tell me she had landed safely and I was like, where? Story short. She said she was scared of telling me because I'd be disappointed and that it was gonna affect me.
.
Well, she went to do her masters program and she won't be coming back till the end of the year because she already told me she doesn't wanna settle down in the US. Dunno what to do. I've been so pissed with her.
.

US masters is 2 Years. At least, she still wanna be called your girlfriend. Just manage the konji level.

otokx:
When the going was good, did you involve us? Take your case to the Supreme court o jare. If that boy has a French passport, it will be very complicated if he has been taken to France.

Do you see how we kill ourselves? Whoever complain during good times? You are supposed to stand by your countryman more so in the case of fraudulent procurement of custody. You, like the Nigerians that assisted the french on this, nor just try. Like you observed, the French people would stood by this thief in France.

IamMissMarvel:
Risky issue.

I've been with someone who eats and opens his mouth so you see everything he is eating inside the mouth.

I couldn't tell him. I'd just look away when he's eating.

I was worried I'd offend him.

You are not nice jor. You should have added a thing to his life. Why do we get into relationship if not to better the other?

The guy is probably bipolar. Nigeria is yet to come to term with psychosis.

Pidggin:
Why are there not looking for oil in other parts of Nigeria? So only the North deserve oil exploration, between $3 million is a lot of money, what happens if nothing is found? This is why they struggle for power by all means, to take from the South and develope the North, it is well

It's $3B my sis. They should also concentrate in other states. However, I believe they will find oil one day in the north. Oil hv been found in the desert. That resources is everywhere in Nigeria

carterguccy:
Mean while...

You dey crase. Lol