ahiboilandgas:
Rate will futher drop ! Kindly lock in now! The CBN wants to wipe out funds in dormant accounts and invest same in treasury bills and bonds . with this move the cbn can offer any rate and automatically placed those funds perpetually there since must dormant accounts are held by dead persons . Imagine the number of person killed yearly in Nigeria with small small sum in their accounts without any body coming to ask . In a fair game the CBN SHOULD MANDATE BANK TO CONTACT NEXT OF KIN OR OPEN A DESK OFFICE TO FIND THE NEXT OF KIN.

Pojomojo:

freeman67:


Through Afrivest and Coronation Merchant Bank.

Foodempire:


When is the next treasury bills auction? I'm planning on moving funds from money market next week to bid on TBS primary market..

Also is it advisable to move large funds at once, is there any CBN regulations that prohibits such transaction?

Bidding for 13.5, I hope it sail through. Thanks .

Gasayi:
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ahiboilandgas:
Rate will futher drop ! Kindly lock in now! The CBN wants to wipe out funds in dormant accounts and invest same in treasury bills and bonds . with this move the cbn can offer any rate and automatically placed those funds perpetually there since must dormant accounts are held by dead persons . Imagine the number of person killed yearly in Nigeria with small small sum in their accounts without any body coming to ask . In a fair game the CBN SHOULD MANDATE BANK TO CONTACT NEXT OF KIN OR OPEN A DESK OFFICE TO FIND THE NEXT OF KIN.

Wotowotoman:


Ahib the tribalistic Igbo hating buffoon stop spreading rumors and lies before I call your guy lazy youth to come and deal with you

ahiboilandgas:
Rate will futher drop ! Kindly lock in now! The CBN wants to wipe out funds in dormant accounts and invest same in treasury bills and bonds . with this move the cbn can offer any rate and automatically placed those funds perpetually there since must dormant accounts are held by dead persons . Imagine the number of person killed yearly in Nigeria with small small sum in their accounts without any body coming to ask . In a fair game the CBN SHOULD MANDATE BANK TO CONTACT NEXT OF KIN OR OPEN A DESK OFFICE TO FIND THE NEXT OF KIN.

cutedharmee:

You're so jobless. Anuofia!!! Efulefu!!!

Wotowotoman:


Is your father not more jobless than me?

Anuofia papa

cutedharmee:

If ur papa get job like ma P-man own walahi your papa don make am for dis life (that's if you've got any thou)...buh sha I'm aware u wake ur useless & good for nothing deranged papa & mama up with kick so I ain't surprise if all u wanna do is be quick to insult other people's parents & throw tantrum on dis forum. Anyway the message I'm passing to you is that you should stop been stupid here. You're always ranting up and down with senseless talk + no positive contribution on nairaland. Here is for brained and trained individuals. Carry ur madness out of here. Onye nzuzu!!!

GodgraciousR:
Good afternoon. Pls I need advice on a good and reliable platform to invest dollars here in Nigeria. Thanks

zamirikpo:
Make una ignore this person above me.......e dey look for attention. Just do like sey u no see em post........e go tire to dey chase clout.

Ahib I greet u righteously........

ahiboilandgas:
bros I dey hail hope your are preparing for the post subsidy Markets .

ahiboilandgas:
bros I dey hail hope your are preparing for the post subsidy Markets .

ahiboilandgas:
bros I dey hail hope your are preparing for the post subsidy Markets .

zamirikpo:


Yes.....boss. pls advice ,how do I prepare. I' try to restock as soon as I hv space. I don't allow low stock anymore.

But is their something else I can do pls advice. Every body just tire. The uncertainty is too much. Are they really going to stop subsidy.

zamirikpo:


Yes.....boss. pls advice ,how do I prepare. I' try to restock as soon as I hv space. I don't allow low stock anymore.

But is their something else I can do pls advice. Every body just tire. The uncertainty is too much. Are they really going to stop subsidy.

VeeVeeMyLuv:

In June definitely. A litre of fuel will be nothing less 800 naira!

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ahiboilandgas:
we are looking at 0.8 usd x 460 = 380 or 0.8 x 750 =600 . Depending on how USD is allocated to Marketers .at 460 is another subsidies of forex prone to another round of abuse . AT 750 PMS = 600 per litre ( inflation , social unrest ,increase poverty ,demand destruction,divestment )

oluayebenz:


I don't think FG can fully remove subsidy, not in this current Nigeria.
There will be chaos everywhere, FG won't have choice than to reverse decision.

The inflation will be out of the world, forex will likely reach 1k or more sef.

ahiboilandgas:
in downstream interaction I have attend and a pro sociocapitalist .I fear the disaster it might cause to the suffering Nigeria public suffering multi dimensional and delusional poverty! So am against import based subsidy removal! The oil Marketers are to dangerous a group to have a field day with the Nigeria public ( his will slow fdi into the sector mid and long term ) bitter lesson learnt with deregulation of Deseal already pushing inflation . Wishful thinking. Sadly the Nigeria state doesn't have the wherewithal to afford the subsidies of PMS .we postponing our doom day .It seem we are living a lie we can't afford the cars on the road in Nigeria and in our homes ( 2 to 3 car per family) .curbing the corruption out of the subsides claims ( 60 to 100m litres daily ) digitalize the fuel stations to capture actual consumption .gradual removal

ahiboilandgas:
in downstream interaction I have attend and a pro sociocapitalist .I fear the disaster it might cause to the suffering Nigeria public suffering multi dimensional and delusional poverty! So am against import based subsidy removal! The oil Marketers are to dangerous a group to have a field day with the Nigeria public ( his will slow fdi into the sector mid and long term ) bitter lesson learnt with deregulation of Deseal already pushing inflation . Wishful thinking. Sadly the Nigeria state doesn't have the wherewithal to afford the subsidies of PMS .we postponing our doom day .It seem we are living a lie we can't afford the cars on the road in Nigeria and in our homes ( 2 to 3 car per family) .curbing the corruption out of the subsides claims ( 60 to 100m litres daily ) digitalize the fuel stations to capture actual consumption .gradual removal

oluayebenz:


Yes we are postponing the doom day.
The truth is Nigeria cannot fully removed subsidy just yet.

Govt should better be removing it bit by bit until we have a running refinery that can refined enough pms for the nation.

About the families with more than 3 cars, bros forget some people get money for this country, the problem is just that the poverty rate is too high, poor people supercede the rich and the middle class

ahiboilandgas:
demand destruction. Decline profitability and investment!currently back log of payment for bridging claims from PEF. They are proposing CNG GAS with 10000 station as conversion points and refilling point as done in Cario. We are waiting for Bola tinibu and Dangote .

zamirikpo:


You mean they want to convert 10000 filling stations to cng stations. So we now hv to convert our cars and generators.

Boss how are you preparing, what steps are you taking.

Wotowotoman:


Ahib the tribalistic Igbo hating buffoon stop spreading rumors and lies before I call your guy lazy youth to come and deal with you

Nice2023:



I used to think that Ahibolongas has sense,not until I saw his igbophobia post,then I knew,he is nothing but a troubled soul.

A matured man who is very much tribalistic.