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Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWhy We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah (17625 Views)

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Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by SoNature(op): 6:38am On Feb 13, 2024
The Nigerian Ports Authority has explained that it charges operators in dollars because shipping is an international business and the dollar is the globally recognised currency.

The acting General Manager of Corporate and Strategic Communications of NPA, Mrs Sarah Ballah, explained recently in a chat with The PUNCH.

In a bid to reduce the pressure on the naira, the Economic and Financial Crimes Commission had raised a 7,000-man special task force across its 14 zonal commands to clamp down on private organisations collecting dollars as a means of payment in the country.

The spokesperson for the anti-graft agency, Dele Oyewale, in a statement in Abuja, said the commission had summoned the proprietors of private universities and other schools charging tuition in dollars.

The naira has been in a free fall due to the scarcity of dollars in the country. The exchange rate for cargo clearance had gone up from 952/$ /$ in January to 1,447/$ on Saturday.


“First and foremost, NPA transactions are international because maritime businesses are international. And since we are dealing with an international community, some transactions have to be done based on the internationally accepted medium of exchange. The dollar is a common medium of exchange international.

“What the government said was for local business transactions. There is no way you can use naira to buy something in Europe. And some of the things that NPA does like the purchase of vessels and stuff like that are done in dollars because we are dealing with an international community,” she said.

He added that barge operators could either pay in dollar or dollar equivalent.

However, there are some transactions that the NPA carries out like the barge operations and so on, they are charged in dollars because it is the same thing that applies, but they are allowed to pay the naira equivalent based on the existing exchange rate. So, I don’t think that directive affects all of NPA’s transactions,” she concluded.
Source: https://punchng.com/npa-defends-fees-collection-in-dollars/

Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by SoNature(op): 6:39am On Feb 13, 2024
Everyone has a reason for charging in dollars, including Eko Hotel and Suites. Keep destroying your economy. Tomorrow, someone will still blame the white man for it.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by successmatters(m): 6:46am On Feb 13, 2024
grin

The 7,000 men hired by the EFCC to hunt for innocent people that are paying in dollars will face innocent people to extort.

Npa is above the law.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by oluseyiforjesus(m): 6:54am On Feb 13, 2024
If you love this country begin to charge in Naira please.........
Dollar is not a universal currency please.....
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by thesicilian: 6:55am On Feb 13, 2024
“First and foremost, NPA transactions are international because maritime businesses are international. And since we are dealing with an international community, some transactions have to be done based on the internationally accepted medium of exchange. The dollar is a common medium of exchange international.
What a silly excuse
Do the Chinese and European ports authorities also charge in dollars ?
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Fortuneed(m): 6:55am On Feb 13, 2024
Alright
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Honestfrend: 6:56am On Feb 13, 2024
successmatters:
grin

The 7,000 men hired by the EFCC to hunt for innocent people that are paying in dollars will face innocent people to extort.

Npa is above the law.
Na so we see am..
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Regardless: 6:57am On Feb 13, 2024
SoNature:
Everyone has a reason for charging in dollars, including Eko Hotel and Suites. Keep destroying your economy. Tomorrow, someone will still blame the white man for it.
NPA is a government agency that should show example. If Eko Hotel are charging in dollars, it's because they have greased the palm of Govt officials to look the other way.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by EdiskyHarry: 6:58am On Feb 13, 2024
Really sad
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Btruth: 6:58am On Feb 13, 2024
Clueless leaders everywhere 😞
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by STEWpid(f): 6:58am On Feb 13, 2024
Chai..



A third world country behaviour!!


Do Russia, China, UK, Poland, Canada, and co also charges in US Dollars??


In Nigeria, there are places you pay house rent in Dollars!!

Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by BBIA: 6:58am On Feb 13, 2024
Make JennyClay and Siofra no come begin charge for dollars oh! grin






shoutout to:

Eruleroz
Pocohantas
Magnolia
Sweetbuns
Sweetplum
Candidlady
MariahAngel
Pwettylinda

cool
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by 0taPiaPia(m): 6:58am On Feb 13, 2024
See excuse.
We aren't serious as a country
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by fredoooooo: 6:58am On Feb 13, 2024
They should throw all of una inside a Bowl and cook ..
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by santaclaws:
If the NPA (our own government agency) can't allow importers pay based on a set naira value which is independent of the dollar rate, I think the NLC is right that the minimum wage should be 1m Naira.

The current reality is that the government cannot accept what it is dishing out to the citizens. The implication is that imported goods (electronics, mobile phones, fans, A/C, even light bulbs) will be more expensive and there are no local alternatives, cos we have a country whose manufacturing sector is almost non-existent.

All I am seeing is a government that refuses to sacrifice where it should but wants its citizens to sacrifice till they die.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by dannywest: 6:59am On Feb 13, 2024
Practically every business imports something. Invalid point
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Moyinoluwa35(f): 6:59am On Feb 13, 2024
Let me define APC for u using this simple maths

Pdp= bag of rice N9,000
APC= bag of rice N75,000
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Hotice085: 6:59am On Feb 13, 2024
Foolishness
Was NPA charging in dollar before or when did NPA start charging in dollar?

The excuse is very dumb, do the Japanese Chinese Brazilians and others charge in dollarz
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Coronavirus1: 7:00am On Feb 13, 2024
If Naira was so powerful you mean American government can charge in Naira Wicked leaders.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by oyeb15: 7:00am On Feb 13, 2024
Government should tackle d root cause of these rather than chasing shadows. Reduce fuel price and regulate herdsmen attack. Open boaders for free importation of food on a short run to crash food prices
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by deyemia: 7:01am On Feb 13, 2024
If you charge naira, international customers will still source the naira with dollars now
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by skj1377(m): 7:01am On Feb 13, 2024
SoNature:
Source: https://punchng.com/npa-defends-fees-collection-in-dollars/
This is a very stupid excuse. Am sure the russian and Chinese port authorities charge in their respective currencies . Nigeria is a big shame. Obviously Tinubu has no radical initiatives. Unfortunately Nigeria needs some drastic measures.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by elpochas: 7:01am On Feb 13, 2024
What a mumu excuse.
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by Boyooosa(m): 7:04am On Feb 13, 2024
Her explanation is simply logical but we all know Nigeria's problem is beyond buying things internationally and all these charges in dollars things, we all know that the ENEMIES of Nigeria always have their purse to protect, they just put you guys there to continue their legacy and save their vetted interest, forever! but posterity will catch up with every one of u one day, I believe!
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by jojothaiv(m): 7:04am On Feb 13, 2024
Nigeria is a funny country...
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by bewla(m): 7:05am On Feb 13, 2024
Olosho
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by phemmie06(m): 7:07am On Feb 13, 2024
So NPA charge in dollars cos it is international business, that is good and you don't want others to charge in dollars, there is no business that is not international.
Did you publish your account in dollars?
Nigeria na scam now I believe
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by BigBlackPreek(m): 7:07am On Feb 13, 2024
Nigeria My Country ,they keep on making money without giving a damn about the masses
Re: Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah by ibawon(m): 7:07am On Feb 13, 2024
Isn't it better to just change our official currency to Dollars and stop this hypocrisy.
For you to know this current government care less about the situation is that they are still charging high importation taxes on food and agricultural items. Abeg where subsidy money go?
1 2 3 4 Reply

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