₦airaland Forum

8. Silica gel can also be taken out of the package and consumed with garri and real cold water in place of peanuts.

9. Silica gel can also be used if you run out of noodle spices.



Warning: Do NOT try this at home. You will not live to tell about the taste.

Macelliot:
26 million a trip..
If dey flash money for your face, you go join the race sharp sharp..

Well, let's just say that's the difference between me and you.

eleojo23:
Even as we speak, I’m sure there is someone somewhere still planning to smuggle drugs to Malaysia.
Smh

Someone somewhere?

I bet they're on this thread right now going "na one thing go kill man," "get rich or die trying" and other such silly mantras.

Isn't the fact he is a crazy comedian enough to tell them he only used it in a humorous way?

A lot of funny back and forth bickering.

In as much as this person needs "advice," you'll only be doing him a disservice by offering illegal advise.

The focus should be on what legit ways he can harness whatever potential there is at his destination.
I have never lived in Europe, so I can't tell for certain.

In the US, we have a crap ton of illegals, and life is hellish for most of them without relatives. Life as an illegal immigrant isn't something to jump blindly into when you aren't exactly in dire straits.

The best move would be to make the trip, carry out a detailed recon mission and go home within that month.
Back home, reorganize your finances and return to execute your findings for the long term.

Good luck.

SmartMugu:
Retiring from being an artiste is different from retiring from producing good music and discovering talents. That's what Don Jazzy is known for.

He's better in these areas than actually singing.

The first time I heard him sing was after Mo-hits breakup, I thought he tried to prove a point and he succeeded in doing it. He's better off driving Mavin from behind the scenes, he has already made his name and has touched lives in the music industry.

Finally, his humility is second to none.

You've heard him singing since you've known him, not after the breakup. He started doing longer bits after the breakup, but still.

Almost everyone here was introduced to Dbanj and Don jazzy on Tongolo. As you can see, Don Jazzy sings a part of the chorus.


https://www.youtube.com/watch?v=IDkPysu9iPk

I'm sure he has emceed at half of those events. More events, more cash for him, so no worries.

donziller:
Na d new method be dat, even 4 air plane self na ladder we use

Maybe the occupant is also in charge of logistics at that airport.

Chanchit:
You should not expect everybody to know you even if you are 2face. Picking his phone to call someone from inside would have settled the matter in a better way apart from causing a scene.
And his pose behind Wizkid is compromising.

I don't get the point of this thread.

If the point is to mock her for being overweight, then the joke is on you. As your action says more about you, than her.

soldierdollar:
You have two options . Receive with your domiciliary account , transfer to Aboki and convert with N290 or withdraw with your normal account at an official rate of N250 plus .

N199.05 is now an old school

When you say "official rate," do you mean the banks give you N250?

e.g Google sends $100 to your regular bank account, can you withdraw N25,000 at an ATM or bank counter?

If yes, then I really don't understand how the financial sector rolls in Nigeria.

endtimesblog:
who told u that.... Put ur domicillary acct details on ur dashboard.. Collect ur dollar out..
Call ur aboki to change it for u...
Shikena..

199naira ke... For were...

Didn't Nigerian banks stop giving out funds to individuals in dollars? Or was that discontinued? I know I read about it somewhere.

endtimesblog:



Nigerian blogger wey get adsense go be like.. make december 22 reach ooooooooooo



Omo see money

False. I don't know how Adsense users in Nigeria receive their funds, but it will be remitted to them at the official rate of N199.05.

So the weak-witted opinion of one individual "fan" is now newsworthy? What has become of Nairaland?

beadaholic:
I'm is short of I am and am is am. It's when using them in sentences that the difference will show. Eg I'm going home
Shola said am going home.

"Shola said I'm going home."

Except you wrote it incorrectly to point out the flaw.

dominique:
Even with that, his generosity is massive. Not all bosses will go all out and give such huge amounts to their employees after recording a huge profit margin.

The average Nigerian boss will never do this

When the average Nigerian boss hasn't paid basic salaries in 6 months, where do "bonuses" come in?

The thirst is real.

Who gives a damn about any of this?

https://gxknight.com/wp-content/uploads/aint-nobody-got-time-for-that.png

Kjking:
This woman is smart I'll say.... she capitalized on the propaganda Linda is facing now to become famous.... by the way, why is there no ASSOCIATION OF BLOGGERS...(AOB) I vote seun as the president!!!

Seun is not a blogger. Although, at the rate Nairaland is towing this blog-style-story format, Nairaland might as well be called a blog.

Haha. Naija people. Look at all the people in this thread looking for "juicy" gossip.

Las Gidi

mployer:
Lol, I am no prof bro

The problem is that the cbn cannot sustain the 199 rate due to the decline in our forex earning. If they sell to everybody at that rate, our foreign reserve will burn out. So they have to hoard the dollar and come up with different policies that will limit peoples access to dollar. The more they do that, the more the black market price increase. On the economics of supply and demand, the black market price represents the real price.

The cbn has no choice than devalue the naira to the black market price, so that whomever that wants and can afford the dollar will have an easy access to it. This will bring stability and confidence to the economy.

But they won't do it because they are afraid most Nigerians including the government itself won't understand why they have to do it.

Addressing the bold sections:

1. How is it the "real price" to someone like myself? When I process a Western Union to Nigeria, my transaction is based off the official rate. So I guess "real price" then depends on who you ask.

2. That proposed solution isn't feasible without first decommissioning any parallel market operations. i.e as long as the "black market" exists, the CBN can not "devalue" the naira to mirror the "black market" rate.

Black market rates have a working formula of: official rate + arbitration driven profit markups.

Therefore, it is mathematically impossible for that to be a feasible solution. Except I have misconstrued your tutelage, oh dear professor.

BuddhaPalm:
The items weren't banned from being imported...read again.

Long story short: a high exchange rate will affect EVERYONE. There's no getting around it.

Dude, I have a degree from an Ivy League college, I'm pretty sure I can read.

My comment wasn't suggesting the items were "banned," according to the article. The underlying motive to cut their access to foreign currency IS to dissuade them from importing those products. This consequently forces a drop in their importation, with the same desired effect a ban would have on the currency. They might be forced to the black market, but at a lower output.

Again, the short term negative effect is inconsequential in the grand scheme of things. Except the status quo is somehow desirable to Nigerians.

No pain, no gain.

I have/am not disagreeing with anything you've said per se. I have only offered a different perspective.

BuddhaPalm:
Dude, you want to see this:




Wetin remain?

Anytime the exchange rate sneezes, we catch cold - instanta.

Valid points.

However, a ban on certain imports to any country is a necessary step in maintaining that country's currency value.

Regardless of short term effects, the focus should be on long term sustainability.
I mean, why in the hell should Nigeria be importing tooth picks to begin with?

4Play:
The government can fix the offical exchange rate by fiat, during the Abacha era the official rate was 22 Naira to the dollar whilst the black market rates hit 85 Naira to the dollar. You may think this does not matter but the bigger the divergence the more difficult it is to access the dollar in the official market and the less likely it is that foreign investors would invest in Nigeria.

The official exchange rate will increasingly become meaningless with time given this divergence.

One does not simply do a "fiat pump" and "fix" an exchange rate. The true exchange rate will only respond to true economic and financial changes, not an ON/OFF switch "solution."

I haven't seen anyone here declare themselves as a trained and seasoned economist, so all we're doing here is speculating, at the end of the day.

BuddhaPalm:
I am no economist, but remember imports...

Imports are a valid example. However, as far as I know, major importers whose activities are likely to impact the economy, and cost of everyday products, do have access to official rates.

mployer:


Comments like this make me laugh...bro, you know nothing about this.

Enlighten me, oh dear professor.

Each time I see these "Naira Crashes" topics on Nairaland, I rush to check the official rate, to see if it's a sweet time to send cash to Naija.
But it is ALWAYS hovering at the same $1 = 199.05.

Other than the very few people in Nigeria who have to make payments in USD for visas and such, I don't see how the "black market" rates are relevant to average Nigerians.

These fluctuations at the "black market" are only driven by arbitration done by people running that market.
It has zero reflection on the strengths or weaknesses of the Naira. ONLY an official change in the exchange rate signals that.

At this moment, the official exchange rate remains $1 = 199.05.


note: I have no interest in the underlying politics of any of this. This post has nothing to do with whether or not Nigeria's current administration is failing or working. I honestly don't care. At the end of the day, it's the same sh!t different toilet.

https://s-media-cache-ak0.pinimg.com/236x/28/3f/dd/283fddc08caba6712cdadbfc274ad1f5.jpg