₦airaland Forum

PUNANI01:
This is the kind of Train that is operating from Aba To Porthacourt.. Will I say no thank you to this government.. Watch the video
https://www.youtube.com/watch?v=dX7xwlSIpbs

God forsaken train

kenny714433:
If they delist naira from crypto exchanges and stop them from trading P2P, then we would move to off ramp services.

There, we would convert our USDT to our local currency. So many off ramp providers out there.

Apart from off ramp, we would use Telegram bot, and normal P2P without exchange intermediary. 100 of options would be provided.

I would even suggest to a decentralized exchange like PancakeSwap or Uniswap to offer P2P services. I wonder who FG would contact when decentralized exchange adopts that.


For more context about decentralized exchange:
There's no KYC so all transactions are done via smart contract. So you won't need to know anybody at all, just signing of the transactions and the contract executes it. Even SEC finds it difficult clamping down on DEX since the team is completely anonymous.

Don't be too gullible...all your remedy will amount to nothing...you will count so much losses.. all your effort would be like water poured in a basket

You are very right....good old days of bar beach

Just a mere PR...show us your account balance

Why take our Gold to US in the first place.

Great feat

hammer567:
,


IF U HAD ANY CONSCIENCE, U WONT DESTROY BUSINESS AND NUMBER 1 TOURIST SPOT IN LAGOS FOR WHITE ELEPHANT PROJECT.


LAND MARK IS THE NUMBER TOURIST SPOT.


U ARE TALKING PHASE 2 BUT U HAVE NOT BUILT PHASE 1, DEY PLAY.


20 YEARS ROAD THAT WILL TAKE 100 YEAR IN NIGERIA TIME



.
https://www.youtube.com/watch?v=cb6ktDOh9Ss&t=131s

You are very dumb....so because it benefits minute people...the populace should be denied of the big gain?..

Krismas:
COMPLETE FALSEHOOD
Infact the real truth about the supposed Israeli attack on Iran is rather an unfortunate event for Israel

THE REAL STORY OF THE ISRAELI COUNTER RESPONSE

From a very high level intel source.

It will be great to know what Sy Hersh hears from his Beltway sources...Here we go...Israel initially chose to respond with extreme force.
An F-35 loaded with a nuclear bomb was sent east over Jordan.

The mission: cause a high-altitude detonation over Iran that would provoke a surge in the high-capacity power lines, crippling Iran's electric grid, as well as disabling all electronic devices. An EMP attack. However ... As the Israeli F-35 was leaving Jordanian airspace it was shot down by the Russian Air Force. Hence the publicized version of the Israeli counter response was such a travesty.

In the end all sides decided not to publicize the real news - to de-escalate what could well turn into WWIII.
JUST PAY ATTENTION TO THE NEW LEVEL OF HOSTILITIES BTW ISRAEL AND RUSSIA NOW. Israeli response of nuking Iran was aborted by Russia and Jordan has to be careful going forward. cos Jordan could become a casualty for allowing Israel use its airbase to launch offenses against others in the region

You are just full of lies

The story is false...just a PR to stay relevant

I pray he last on the seat in Jesus name

What a good news

Imo state has access to drinking...for where?
This must be a joke stat

This is unworthy...
Nothing to cheer up here

jazzman7711:
WHAT NONSENSE IS THIS?

How in the hell is it the government’s job to manufacture vehicles?

And why are they talking as if we don’t already have indigenous firms that build cars and buses and trucks, including armoured personnel carriers here in Nigeria?

What sort of rubbish is this?

I’ve never seen where a government says they are going into vehicle manufacturing, not even in communist Russia or China!

What they do here...is Assembling ...no body dey Manufacture

Next time ....for such a deadline like that don't wait for nepa...go out to look for where they on gen in your area...and charge. You can always look out for bars, eateries, barber shop and light conscious neighbors around.

You can even buy extra...laptop battery...to make you longer then 3hrs...

Copied:

EMIR SANUSI'S REPLY TO THE NEGATIVE NARRATIVES ON WHAT TRANSPIRED WITH AKINGBOLA'S INTERCONTINENTAL BANK :

*NO REGRETS. CBN DID THE RIGHT THING ON TERM LIMITS FOR LEADERSHIP OF BANKS~SLS*

I think we must remember that everything boils down to context. And we should not naively believe the claims of some people that they are the "owners" of banks- especially the listed ones.

In almost all the banks that we took over, we discovered that these so- called owner managers set up SPVs, lent money to these SPVs, turned round and purchased their own bank shares with these funds -and that was how they acquired control. In blunt terms: they STOLE money belonging to depositors to buy the shares.

When the stock market tanked and the bubble capital burst it was those deposits that were entrusted to them which evaporated and we had to redeem.

To give one example, when we went into Intercontinental Bank, the bank owned 25% of its own capital through these fraudulent schemes. Akingbola did not buy his shares in Intercontinental with his own money- he stole deposits to fund his control. He ran to the UK and we followed him with the evidence. We established before the crown court what he did and the amount involved was in excess of N140b for which the court gave a worldwide freezing order. On the basis of the same evidence in Nigeria it took 11 years but Akingbola was finally jailed.

He was not the only one. Cecilia Ibru was jailed. Nwosu was jailed. Atuche was jailed. All this happened before us and people are criticising the regulator and moralising on behalf of those who OWN banks? How? With stolen money?

One of Akingbola's executive directors joined the bank as an officer and was his PA. Akingbola was MD of his bank for 22 years or so. All his so called EXCO were his "boys". Ibru appointed her son ED corporate. He would approve loans for their SPVs and she would send the money to her daughter in Dubai to buy property. For 3 years Ibru’s daughter won gold medals in Dubai for being an estate dealer. She was buying the real estate with depositors funds. We recovered assets then estimated at $1.2b at cost from Ibru alone- including over 200 pieces of real estate in the UAE, including property on the Potomac, in Abuja, Lagos and Portharcourt and private jets. All with depositors money.

These CEOs had stayed so long no one could call them to order. Not their boards, not risk management, not audit, not Legal. In one case the Board of Oceanic was bold enough to decline a loan recommended by Ibru. After the Board declined it she came to her office and approved it and it was disbursed.

If staying so long makes some CEOs that powerful and if that power was seen to corrupt why would we allow CEOs to overstay? If all banks were run like Citi or StanChart or IBTC this matter would not have arisen but we cant run a system based on miraculous exceptions. And is ten years not enough in a CEO position? Is there no benefit to something called succession? Is there nothing like key man risk?

Banks are not a business. Dangote group and Exxon mobil are. Banking is a profession. Banks are professionals guided by ethics. A bank is where you keep your money and expect to find it. If your banker can keep your money safe and make profit by trading it that is what we want. If he starts to make it his own he has to be reminded it is not his.

If these people are so smart they should go run a cement plant or build a refinery or a commercial enterprise. Anyone can make billions stealing money entrusted to them it is not intelligence. Just plain thievery. And this is why every chance they get they just steal and buy property and private jets and yachts. It is not capitalism but prebendalism.

The arrogance begins when these bankers who own a tiny percentage of the total capital at the bank's disposal think they own the bank. They do not. And the Central Bank is not there to protect the rich and powerful shareholders and management but the poor and vulnerable depositors who trusted us and kept their savings in these institutions. Some people just dont get it.

With the CBN the depositor is King. It is hypocritical after everything we know to pretend that these criminals are bank owners. They never were. And to make the system safe we have to learn lessons and not wait for the next Akingbola or Atuche or Ibru to happen on us.

It may well be that someone else sitting in that office with all this information may have ideological sympathies for shareholders and management and believe I had gone overboard in protecting depositors.

My comment is that such a one should be at the stock exchange and not the central bank. Term limits are among the policies I am most proud of and yes- we demystified all the minigods and oligarchs. But none of them was a target.

The only target was to protect depositors and keep our banks safe.

I am publishing my CBN memoirs next year inshaallah. The title is " Confronting vested interests: Central banking in a rentier economy". The title says it all.
SLS

A man of honor!

humilitypays:
Nlfpm please come and check if this story is true, if it is we have a duty to continually put this on front page until Tinubu sees this and act decisively by reinstating the General because we need more of his type to make Nigeria safe for all.



Reinstating him will give others like him scared of exposing Fulani madness the boldness to act.



Let's do something about this asap

I think you are right

alwayzonlyn:
Will this really solve the japa syndrome??

They'll simply resign & leave the system!!!

As a matter of fact, this policy will only end up stopping the very few that genuinely intend returning.

Instead of the government to address the main issues pushing the health workers away (which mainly bothers around remuneration & welfare), they keep beating round the bush & embarrassing themselves with archaic & not well thought out policies.

I don't know why some of you don't just reason before you type....take your time to read what you type very well...you will see that 1yr old kid is more sensible than you...nonsense!

The foolish people binance are the reason why dollar is at 1,500 today. You will see them all over the internet speculating #3000 to #5000 for dollar to naira, while doing everything possible to push the speculations into reality. They were almost achieving their aims until God hear the cry of the people and stop them. They will never use those gain monies to acquire any good thing in Jesus name.

Good one

You can't say dollar has crashed...at what price are we talking about?

Before the price of things will come down...dollar must go back to #500

Congrats to punch

First time I will be hearing construction happening in the state in 9yrs

Nothing special about the roads....we have them here too

So sad...gone too soon

Nigeria solder still "dey do go front " in this Era..no tactical movement...innovation and technological advancement is zero

Omo...money is good.

Make God bless me ...May I invite sunny ade to con play for me too

Is this a prophecy or permutation?