₦airaland Forum

Office of the SA on social media to PBAT @Dolusegun16

The @MobilePunch story on FG considering converting $30billion deposits to naira is absolutely fake news. Kindly pass it on

Office of the SA on Social Media to PBAT

Previous threads:

Operation Rescue NR: FG Considers Converting $30bn Domiciliary Deposits To Naira
https://www.nairaland.com/7989594/operation-rescue-nr-fg-considers


FG Considers Converting $30bn Domiciliary Deposits To Naira
https://www.nairaland.com/7989673/fg-considers-converting-30bn-domiciliary


FG Considers Converting $30bn Customers Deposits In Different Banks To Naira
https://www.nairaland.com/7989688/fg-considers-converting-30bn-customers



It's just the latest incaranation of a story that appears every few years.

1) 2015

2) 2016

3) 2024.

No dollar no dollar yet we have so much dollar seating idle and hoping it sells for N5000.
Now the exchange rate has been collapsed properly, those speculators will start scheming to have the naira weaken on both windows so they can sell with profit. I blame the FG who kept pumping cheap dollar into banks and trusting them to sell it cheap.

How far with the $3 billion Emergency Crude Repayment Loan from African Export-Import (AFREXIM) Bank to stabilize the naira?

That one looks to be sunk and swallowed with zero effects.
I hear the repayment deal is a bondage madness worth about $12 billion?

Tinubu is a bad man with bad intentions.

Fake news is like fake drugs and yansh.

People with patch patch CVs occupying sensitive offices.

Every rumour has an element of truth. They will eventually get to it if things continue like this

Watching

i Feel sad being a yoruba This man is just a fool making people justify the hatred for him and yoruba as a whole, Nigerians last president was musa yar adua

Hehe. Save yourselves from the stress and save your dollars as USDT or USDC in your crypto wallet, away from the control of any Nigerian bank.

Nigeria full of stories

Hahaha Hahaha there's little patriotism in Nigeria amongst the citizens but the very worse of us has planted themselves in a position of trust and directly in charge of the economy...I won't be surprised if I hear that people in government is the one hoarding dollars ..making it difficult for people who need dollars for important international business transactions

Ok

RepoMan007:
No dollar no dollar yet we have so much dollar seating idle and hoping it sells for N5000.
Now the exchange rate has been collapsed properly, those speculators will start scheming to have the naira weaken on both windows so they can sell with profit. I blame the FG who kept pumping cheap dollar into banks and trusting them to sell it cheap.

CBN weren't regulating the flow properly... at least according to what former deputy governor of Kano said a week ago.

The great tinubulation

Hmmm... this FG people are not wise. They should have kept quiet.

naptu2:
Office of the SA on social media to PBAT @Dolusegun16



Office of the SA on Social Media to PBAT

The speculation will affect naira badly. Execution will kill naira off.

All these useless influencer don't know the impact of useless financial reckless statements or suggestions on the economic

Tinubu and his team running from pillar to post looking for a fire brigade solution to the avoidable mess they created.

Tinubu lacks administrative knowledge ,he thought being Jagaban in politics makes him a good public office holder.The recent happenings had justified that Fashola was the one who built Lagos,which was later consolidated by Ambo.Tinubu a man who fought his way to power and became clueless and useless. He only want to have it on record that he presided over Nigeria, there is no blueprint or plan to move the nation forward. His recent lukewarm reaction justifies this cos no man will be chilling somewhere when his house is on fire.

SA on social media? Every political appointee feels (s)he can chook mouth inside wetin no concern am

[quote author=DEROX post=128266103] i Feel sad being a yoruba [don't be sad bro ...not every yoruba voted for this disaster we are experiencing...some sensible yorubas voted for a new Nigeria...moreover the election was not completely free and fair

I think they should work on how people are transacting in dollars, Nigeria currency is Naira, still not understand why so many businesses are being done in dollars, even some hospitals take dollars as their means of exchange.

RepoMan007:
No dollar no dollar yet we have so much dollar seating idle and hoping it sells for N5000.
Now the exchange rate has been collapsed properly, those speculators will start scheming to have the naira weaken on both windows so they can sell with profit. I blame the FG who kept pumping cheap dollar into banks and trusting them to sell it cheap.

Trust? Why trust? Are there no regulators whose jobs it is to keep a keen eye on things?

You want our politicians to convert their Dollar to Naira before?

It won't fly na

We were already waiting for them , brainless people, come and touch my Dom account and see problem. Useless good for nothing government and their stewpid advisors

naptu2:
Office of the SA on social media to PBAT @Dolusegun16



Office of the SA on Social Media to PBAT

FG say na fake news

naptu2:
Office of the SA on social media to PBAT @Dolusegun16



Office of the SA on Social Media to PBAT

Tinubu and all politicians will be first to lose, they wont trying it knowing its negative implication is far reaching 🙄