₦airaland Forum

pappilo:
Take those stats by the so called Africa Fact Zones with a pinch of salt.

Ethiopian Airlines have a fleet of 148 planes and Air Peace has a fleet of 29 planes. It is impossible that Air Peace move more passengers than Ethiopian Airlines annually.

You are very sensible and well informed. It will take many years for Air Peace to move more passengers than Ethiopia airlines that connect to many countries and destination, cutting across Europe x Asia, middle East, North America etc..

Omoawoke:
When you go to the US embassy and they ask you to fill your social media accounts, why can’t you tell them it’s slavery and against your human rights?

We are heading to the North Korea way. Very soon Government will be the one to decide how we live and cohabit... Even be the one to choose our hairstyles

mrvitalis:
Speculation is part of forex or any business in the world

Was there not speculators under PDP?
Was there not speculators when naira was stable?

The issue is not speculators the issue is this

Because of the rush to say we floated the naira.. Tinubu floated and unstable currency causing panic, people like me who don't need dollars in the near futures started demanding for dollars, which caused more instability

You guys don't even know the cause of the problem... There is no faith on the naira that's the fundamental issue

Tinubu government doesn't inspire faith at all

Perfectly said. Naira is loosing value on daily basis, making it difficult to have faith in it. Your #1m in the previous month,has depreciated to over 60%, making it difficult to keep same. In contrast dollar keeps appreciating .if the current situation persists,many Nigerians would prefer to rather store thier savings in dollars,than to keep taking the hardest risk of storing same in Naira, leading to more dollar demands,the overall effects would lead to dollar scarcity and hikes in the exchange rates. We may end up having a dollar to #5,000 or more

just2endowed:
They said you pay in naira equivalent, not necessarily usd. Try read. So depending on the exchange rate, you pay in naira since una naira no get leg to stand again

Kindly justify why their fees should be quoted in USD? Was this how other universities in Nigeria quoted their tuition fees in dollars? If paying the naira equivalent on which exchange rate.... I repeat NUC has no business granting operating licenses for institutions like this.. Lets wait and see what become of this University

How did we get to this stage? Where is NUC and Nigeria Government when they mostly needed? Imagine a University in Nigeria, Domiciled in Nigeria charging tuition in USD. Invariably most of their students would have to also depend on our little forex reserve. The same way some House owners demand thier rent in dollars in some part of Lagos.. Our Government must stand up to kick against these rubbish.... I see no reason why institution like this should exist or approved license to operate in Nigeria