Incognito9:


From the thief mouth 👇

The Senate President, Godswill Akpabio, said an “unverified report” indicated that state governors received N30 billion each from the Federation Account to ameliorate inflation and the high cost of food in their respective states.


He can't even verify the information before saying it out, that akpabio is seriously sick upstairs.

OasisX:



......Realmrsean, come and carry your bae ó. LOL!

https://twitter.com/Gidi_Traffic/status/1760247159411060933?t=PI3uZEO91TT-3OenQl00mg&s=19

Realmrsean:
those guys are very primitive and stupid

That guy's goal in 2024 is to clampdown on Olosho.

Because i still cannot understand wasting his energy to do that.

Realmrsean:
those guys are very primitive and stupid

Emaprince:
Omo. see our senate president. Smh. Very foolish statement

He boldly said an unverified report claimed blah blah...how can he not know if it's true or not? He is in a position to be privy to such information.

When I first read it..I didn't believe my eyes. Now you can clearly see that these people no rate Nigerians at all. He knows that once he puts it out that governors were paid such amount, APC supporters will run with it to divert attention from our criminal pilot. Oasis already did here.

Theflint1:
The amount of propaganda he consumes on a daily is unhealthy, APC don use propaganda carry am enter alternate universe

izzou:


You are actually detached from our reality in Lagos.

Smuggled rice is what we depend on, and you are hoping the FG clamps down on smugglers?

If we leave Nigeria to depend on local rice, one bag go reach 150k

Itsrm:
https://www.premiumtimesng.com/business/670511-forex-crisis-nigerian-govt-blocks-binance-octafx-coinbase-others.html


Iamoyindamola, you may have been right. Can still access binance occasionally. Looks like the ban has not been fully implemented.

Meanwhile, men don dey sell off their usdt. Now on 1600

Theflint1:
Wahala, I hear say e don reach 1400 sef

Incognito9:
See the people controlling naira 😆😆

But why can't Cardi B, set up like three to four merchants, supply them enough dollars and use them to control the rate.

Those three merchants can be selling 1$=1000, those niggars will be forced to sell at that rate.

iLegendd:
HOW CAN BINANCE HELP PROTECT THE NAIRA FROM FALLING DRASTICALLY IN PARTNERSHIP WITH THE GOVERNMENT?

Here is the solution.

The govement should secretly get involved in crypto, especially P2P on Binance.

There should be at least, 50 accounts owned by the government and no outsider should have a clue. Some should be verified merchants, some unverified.

The first 10 accounts should set trades that don't go past 1800-1850 per Dollar.

Here is the trick, they should have restrictions of 1-5 Bitcoins. This means, for you to buy from them, you must have at least 1 BTC, which is around $50k plus or minus.

This means, lots of Nigerian P2P buyers won't be qualified. This is just a trick to help keep that price range at the top of P2P home page.

These 50 government secret accounts should occupy the first page of P2P. They should vary their prices and restrictions so that a common man can afford to buy from some of them.

Also, these people should be buying from one another so that the money will keep revolving around them just to make sure they stay at the top of the page.

This first P2P page has so much influence on other exchanges. They use this as their yardstick.

Even if sellers in other exchanges increase, they don't deviate much from the top 10 prices on Binance.

So, the government should own this top 10-50 P2P accounts so that they will dictate when to increase it a little or reduce, else, the other hungry billionaire manipulators will take over and the Naira will fall faster.

In summary, the government can control P2P with brain and not just by telling Binance to put a limit cap. With a cap, a lot of people will run to exchanges without a limit and the battle of the fall may continue.

So, with $100 million, the government can achieve this. Control the Naira black market (not general crypto market) without people noticing you're the one doing it.

To those who love to argue, take a deep breath—don't turn this to a fight, but give your suggestions or constructive criticism.

This is just one of the measures.

Theflint1:
So these idiots actually went ahead with their plan to ban Binance

Show open support for the cryptocurrency space, only to ban Binance and other crypto platforms a couple of months later.

Realmrsean:
for where

Realmrsean:
for where

Theflint1:
So these idiots actually went ahead with their plan to ban Binance

Show open support for the cryptocurrency space, only to ban Binance and other crypto platforms a couple of months later.

Incognito9:


This is how to play the game

livelongprospa:
See we are finished


https://twitter.com/aonanuga1956/status/1760304339988484297?t=Uk_L-JmZGnoR9eOQocEA-Q&s=19

Incognito9:


I don't know why you people can see clearly the manipulation those merchants are using binance to do. This is illegal, binance and FG has to act if not tomorrow you will see dollar @3000.

This is why some countries are calling for cryptocurrency to be regulated.

I don't think they will ban crypto, for now blocking access to it until everything is normalized. That's it.

Itsrm:


Will blocking access to it stop anyone from accessing it?

BlueRayDick:


Some clever by half person probably advised Tinubu's government to go for a 2 pronged attack .

They clamp down on binance as a platform providing P2P service for those who want to buy virtual dollars and go after BDC operators for those that want to buy physical dollars .

What that advisor didn't tell them is that it is just a temporary solution that won't achieve much success in the long run .

Why ? Because the BDC operators will lie low for a while and not converge at their regular selling points like broad street on Lagos island , Eko hotel roundabout and other locations where abokia converge physically to sell dollars . This only mean dollar will be more scarce and when those abokis decide to sell codedly it will be at a price reflecting scarcity of dollars .

The binance and other FX exchange ban is also a temporary fix that won't hold for long . Other platforms will come up and both buyers and sellers will still transact business albeit with attendant risks .

Everybody knows these strategies will not hold for too long , but let's wait and see where it will lead to

Itsrm:


They know all these things. They know they are just grasping at straws.

Until they can supply us dollar on the spot like they used to, people will keep going to Aboki. Abi where else are you supposed to get dollar from?


And If you check twitter, several screenshots from binance have been flying around. It's either all those people are outside the country or people are bypassing the access restriction already.

I seriously pray they succeed in pulling down the price. My average price is 1098 and I've been waiting for this pullback since October last year.

EmmanuelScott1:


The bolded, is it the banks you're referring to?

Incognito9:


I don't know why you people can see clearly the manipulation those merchants are using binance to do. This is illegal, binance and FG has to act if not tomorrow you will see dollar @3000.

This is why some countries are calling for cryptocurrency to be regulated.

I don't think they will ban crypto, for now blocking access to it until everything is normalized. That's it.