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Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others - Business (3) - Nairaland

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Naira Hits ₦550 To A Dollar, EFCC Warns Banks Against FOREX Fraud / Short Man Climbs Chair At First Bank Ikotun, Lagos To Transact Business- Picture / Investors Transact $1.7b At I&E Window (2) (3) (4)

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Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by AngelicBeing: 8:01am On Apr 09
Ofunaofu:
Good one.

But when will the EFCC make available the forensic analysis report on the dollar video involving Ganduje? We understand that when this event happened, Ganduje was still the governor of Kano State and was covered by immunity. Ganduje is no longer the governor of Kano State. He is now the national chairman of the APC. 
So what is holding the forensic analysis report from being made public?
Is the APC national chairman covered by immunity, or is Ganduje getting his immunity from Tinubu? EFCC should at least let us know. 
Hahaha 🤣, well said, anything called Gandola alias ganduje should be moved to crime section, the gif Below is for Gandola the criminalcheesy

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by aywagze(m): 8:03am On Apr 09
Delegates should stop collecting dollars during elections too ..🤔
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Questionnaires(m): 8:03am On Apr 09
Anyways;

Those Are For Offline Schools.

Our Crypto Academy Still Earns And Will Forever Earn In BTC Dollars. JSYK.

Talk About The First Maildrop Institute in The World; You Talk About 10 DOLLARS INSTITUTE

~ The Messiah Of African Agriculture (TMOAA), The Crypto Messiah Reporting ...

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Konquest: 8:04am On Apr 09
BeeBeeOoh:


https://dailypost.ng/2024/04/08/dont-transact-in-dollar-efcc-warns-schools-hotels-others/
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by BondRiv: 8:04am On Apr 09
This doesn't even need to be stated. Arrest anyone who does this.

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by yommen: 8:10am On Apr 09
Thundafireseun:


A lot of people still don’t know that the introduction of BVN made politicians withdraw their money in Order not to be traced back to them … since it might be too bulky to hide , they converted billions of Naira into dollars…thereby creating artificial scarcity due to the obvious high demand for dollars…

Any time EFCC or FG is really ready to fight crime and bring down dollars for real…they know exactly what to do and not this artificial subsidizing the dollars and witch hunting which will never have a lasting effect

But no matter how you see it, dollars will continue to fall because the demand for it will reduce. Those that have it in excess will be forced to sell.

3 Likes

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Benjosh123(m): 8:11am On Apr 09
It's a gradual process bro. Everybody go chop breakfast.. what's the need of the money u stole and can't Spend within the country? The politicians will also feel this. And besides, I'm seeing a big problem towards next ele8, Dollar would be Scarce to get for campaign if the CBN and EFCC continue with this Momentum..
socialmediaman:
As long as they can still transact with people abroad in foreign currencies, it makes sense

But let's just tell ourselves the truth, the real culprits lie within places of privilege, the ones stealing N30 billions and billions and converting to USD thereby causing undue pressure on foreign currencies, but the ordinary citizens are to blame lol

When we're ready to fight the real corruption, we'll know

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by stevups(m): 8:15am On Apr 09
Ofunaofu:
Good one.

But when will the EFCC make available the forensic analysis report on the dollar video involving Ganduje? We understand that when this event happened, Ganduje was still the governor of Kano State and was covered by immunity. Ganduje is no longer the governor of Kano State. He is now the national chairman of the APC. 
So what is holding the forensic analysis report from being made public?
Is the APC national chairman covered by immunity, or is Ganduje getting his immunity from Tinubu? EFCC should at least let us know. 

You too can do that one to support the government. Drag him to court with the power bestowed upon you

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by GentleRay: 8:18am On Apr 09
Economic and Politicial Sabotage is a big crime in China and Russia. Some times the penalty for Sabotage carries death penalty. Why Sabotage your country?
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by stevups(m): 8:21am On Apr 09
babaRUNtinz:
Nigeria still fit better o

My brother it will be better even in our time

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Coolestguy2023: 8:31am On Apr 09
Farrason:


What about Airlines Sir? Did you deliberately overlook them.

Stop acting like an illiterate. What does "and others" mean to you?

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by grandstar(m): 8:32am On Apr 09
This is absolute nonsense.

The CBN should be more focused on keeping inflation low

High inflation and currency is partially responsible for dollar denominated prices.

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Versal: 8:35am On Apr 09
Get Out! Hypocrites EFCC.
Selective Justice
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Farrason: 8:41am On Apr 09
free2ryhme:


You see say you no get sense

There is no difference between you and a Malu!!

Is Wakanow an airline or an indigenous travel agency. We are talking international airlines and olodo dey show me Wakanow and still claim right.

Your mumu too much no be small.

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Farrason: 8:43am On Apr 09
TUANKU:

The foreign airlines are not transacting with the USD inside Nigeria, they only repatriate the money in USD (You pay your ticket fares in naira).
There are schools billing for tuition fees in USD(without the option of paying the Naira) right here in Nigeria which is something you won't do in a sane society.

Oga, tickets are sold in USD. Thank God for travel agencies that enable travellers pay in Naira.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by civilserva: 8:48am On Apr 09
socialmediaman:
As long as they can still transact with people abroad in foreign currencies, it makes sense

But let's just tell ourselves the truth, the real culprits lie within places of privilege, the ones stealing N30 billions and billions and converting to USD thereby causing undue pressure on foreign currencies, but the ordinary citizens are to blame lol

When we're ready to fight the real corruption, we'll know
You made a valid point. You have many individuals here who always close their eyes to massive looting by public officials. They call you 'enemy of Nigeria' when you have different political ideology.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by WilsonBright935: 8:50am On Apr 09
Farrason:


Wonderful... Waiver indeed. If everyone is not subjected by the law, there should be no law in the first place.

This is a double standard character. You kill some people's business and prosper another people's own.


Even in the so called first-world countries, stuff like this happens.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Thundafireseun: 8:56am On Apr 09
yommen:


But no matter how you see it, dollars will continue to fall because the demand for it will reduce. Those that have it in excess will be forced to sell.

In the law of Demand and supply….

Demand is usually higher when the price is lower….

Don’t be deceived
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by panpan(m): 9:02am On Apr 09
Whalis:
Is EFCC aware that Nigerians that work offshore pay for OSP permit in dollar?

What does OSP permit mean?
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by ufuosman(m): 9:03am On Apr 09
Good one
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by DonGenovese: 9:04am On Apr 09
Whalis:
Is EFCC aware that Nigerians that work offshore pay for OSP permit in dollar?
Thank you for this, if you're in the banking sector or Maritime sector,and in Apapa, you would be aware that we pay a number of fees all in USD. From Shipping payments to companies like MSC, Ocean network, Cosco etc, to regulatory payments to Nimasa, NPA etc all these end up putting pressure on the Naira, because the people making these payments would have to source it from the parallel market. I sincerely want to understand why these payments must be in USD, for companies doing business in Nigeria and also our Government regulatory agencies.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Raph82(m): 9:06am On Apr 09
Start transaction in dollar, end the transaction in prison. It's that simple.

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by TUANKU(m): 9:17am On Apr 09
Farrason:


Oga, tickets are sold in USD. Thank God for travel agencies that enable travellers pay in Naira.
Simple question...do you pay for your tickets in USD oga? Stop going around in circles oga.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by fxexperts: 9:21am On Apr 09
StOla:
Warn them, then prosecute them for hard labour jail time if they prove stubborn and treasonous.

This country must not tolerate economic insecurity of any kind.
The first people to arrest and jail are the same government officials themselves. Custome charges in dollars so what do they expect us all to do.

Whalis:
Is EFCC aware that Nigerians that work offshore pay for OSP permit in dollar?
Dont mind the fools they are joking.

1 Like

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by bolademi(m): 9:23am On Apr 09
BeeBeeOoh:


https://dailypost.ng/2024/04/08/dont-transact-in-dollar-efcc-warns-schools-hotels-others/

My client that want to sell his land in dollar
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:25am On Apr 09
Farrason:


What about Airlines Sir? Did you deliberately overlook them.

Airlines don't charge you in dollar here in Nigeria.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:26am On Apr 09
Farrason:


Oga, tickets are sold in USD. Thank God for travel agencies that enable travellers pay in Naira.

You don't know what you are saying. If tickets are cold in dollar, how come CBN was not able to pay airlines their money when Nigeria had less forex at hand!
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:27am On Apr 09
DonGenovese:

Thank you for this, if you're in the banking sector or Maritime sector,and in Apapa, you would be aware that we pay a number of fees all in USD. From Shipping payments to companies like MSC, Ocean network, Cosco etc, to regulatory payments to Nimasa, NPA etc all these end up putting pressure on the Naira, because the people making these payments would have to source it from the parallel market. I sincerely want to understand why these payments must be in USD, for companies doing business in Nigeria and also our Government regulatory agencies.

Did they list your industry as part of those put on the watch list? Make una try dey read carefully.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by saintmm(m): 9:45am On Apr 09
It's part of what needs to be done. Some schools, hotels, supermarkets and real estate practitioners transact freely in dollars in a naira market. This ought to be an economic crime. But, do we really have laws that can check, prosecute and get this people jailed? Is there enough patriotism and willpower to effectively enforce the law? Infact, unauthorized or unregistered possession of dollars ought to be a crime punishable by law.
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by tnerro1(m): 10:06am On Apr 09
I hope the biggest hotel in Abuja ( make I no call name) got the memo oooo
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by chatinent: 10:13am On Apr 09
Oya make una make Naira cards to Dey work internationally. Then they will be no need for anything dollars or foreign cards.

4 Likes 1 Share

Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Lacash: 11:10am On Apr 09
BeeBeeOoh:


https://dailypost.ng/2024/04/08/dont-transact-in-dollar-efcc-warns-schools-hotels-others/
Anybody who deals or transacts in dollar in Nigeria should be arrested and prosecuted ASAP…..Signed by me.🤓

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