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Nairaland Forum / Nairaland / General / Politics / EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira (31794 Views)
Why We Charge in Dollars - NPA GM, Coporate Communications, Sarah Ballah / BREAKING: Bank Stops Dollar Transactions Using Naira Debit Cards / Breaking: 24 Hours Goje Stepped Down For Lawal, EFCC Stops Case Against Him (2) (3) (4)
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Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Smartcitizen: 11:08am On May 11 |
Godfullsam: Your all wise EFCC has been fumbling up and down since tinubu grabbed power |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Enemyofpeace: 11:08am On May 11 |
Cmanforall:you dey mind them? |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Cmanforall: 11:08am On May 11 |
Tbasicme: What When did all these start? No wonder the demand for dollar is on the high side, and Naira is getting weaker |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by BERNIMOORE: 11:09am On May 11 |
Chimarto:your English comprehension is dull... EFCC ban transaction especially issuing invoice in dollars but our foreign mission abroad are not to issue invoice in naira but can accept Naira .... 1 Like 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by olisaEze(m): 11:09am On May 11 |
From Aboki fx to BDCs, to Crypto & Binance, then back to BDCs and now ……embassies?? This party of thieving clowns took power with claims of knowing exactly how to fix a country that was not broken. But ever since things have been on a steady decline, while they blame everything and everyone including God for problems caused by their very own policies & unpatriotic attitude. I wonder who they’re going to blame next! |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Amotolongbo(f): 11:10am On May 11 |
Putindbutt:And the one you said, no be dem say? You be Tinubu or Cardoso with first hand info? Your folly is legendary! 😀 1 Like |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ulogwe1: 11:11am On May 11 |
A right step to follow. Our leaders knows what to do but they just want to chase mirage. EFCC weldone, na dey work be this. No be only yahoo boys. 1 Like |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ogeneigbo1: 11:11am On May 11 |
This is a great move if sustained. Anyone against this decision don't actually know what he or she wants for Nigeria. Another one should be mandate banks to start serving their customers with foreign transaction needs without asking them to buy dollar from BDC . Open up all blocked channels so that customers can pay equivalent with their naira cards. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Cmanforall: 11:11am On May 11 |
Tbasicme: There should even be a law prohibiting 🚫 such. As Naira is the legal tender in Nigeria |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by vacanci: 11:11am On May 11 |
Chimarto: i tell you. this one off me |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by sgtponzihater1(m): 11:12am On May 11 |
Chimarto: You can imagine the joke |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Navalsadiq(m): 11:13am On May 11 |
Good one |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by remzytimer: 11:13am On May 11 |
adeoyekay: Thank you jare! I think this is the right way to go, I was just thinking about few days ago, I remembered how I passed through an embassy and i saw people running up and down with Dollar, i was like when are we going to get it right. Nigerian too needs to avoid shady deals that has been killing this country. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Cmanforall: 11:14am On May 11 |
Ogeneigbo1: I think this your last point may have some negative effects on Nigeria's foreign reserve. Nevertheless, variations should be considered |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Phantom233: 11:14am On May 11 |
All these cut and join approaches won't change anything, they should just banned the use of dollars for anything transaction In the country period. Foreigners should convert their currencies to naira before doing business in Nigeria same way we convert our naira to dollars. Or better still they can join BRICS nations. 1 Like |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Incredible128: 11:14am On May 11 |
Demand for something that is printed wantonly by the government without any productivity backing and whose value falls continuously like the bosom of a woman in old age? There is little backing the naira economically and all these measures are like one chasing the wind helinues: |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Jamieb(m): 11:14am On May 11 |
SadiqBabaSani:Isn't that a violation of the host countries local currency regulations too? Nigeria Embassies abroad should accept the local currency there the same way EFCC wants the embassies here in Nigeria to accept the Naira . |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Navalsadiq(m): 11:15am On May 11 |
They should flow the Russia china agreement You see in life when you prove stoebornnand try to be storborn,the challenges of life will compel you to do what is right when things get out of hand 1 Like |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by zionstaar75: 11:15am On May 11 |
Racoon:one day you go get sense, wailing wailer |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by F117nighthawk: 11:15am On May 11 |
Na now una dey make sense,Una dey sleep before,Una don wake up How can foreign embassies be charging in dollars in your own country Nigeria and u allow the rubbish all these years? Una mumu Neva do 2 Likes 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Moniya4Real(m): 11:16am On May 11 |
🇳🇬 indeed are the enemies of Nigeria. quote author=Chimarto post=129895044]You're stopping foreign missions from transacting in dollar and ordered your own foreign mission abroad to transact in naira violating the host country's policy? Our leaders have sense but they don't have wisdom. [/quote] |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Elliotwaveforec: 11:17am On May 11 |
This reminds me of Russia asking countries to pay with her currency instead of Dollar for her gas; this strengthened the Rubble massively because of demand from gas buyers. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Mjshexy(f): 11:18am On May 11 |
Emeskhalifa:We need to start from somewhere, many of these politicians are very much interested in having the dollars handy always so they won't want policies like this to stand. Peter Obi told them the truth but they would rather want to consume all than engage in production. 1 Like 1 Share |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Elusive001: 11:20am On May 11 |
Chimarto: For sometime now, we have had senseless leaders. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by ovie8200: 11:20am On May 11 |
What different does it make because at the end of the day, the money would still need to be converted to dollar and be taking out of the country! 2 Likes |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Ogeneigbo1: 11:21am On May 11 |
Cmanforall: I don't think so, Sir. Anyway, I am not an economist nor a financial speculator, so these are honest views of an average Nigerian business man who has observed things for a long time in Nigerian economic space . I strongly believe these points if implemented will go a long way in solving naira freefall wahala. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by spencekat(m): 11:21am On May 11 |
Ask NPA and NIMASA too |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Putindbutt: 11:22am On May 11 |
Amotolongbo: I referred you to today's frontpage news, i also quoted a figure of less than $600m sold to banks and BDCs according to BusinessDay's report and CBN's data. where are your own facts?, blockhead. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Elusive001: 11:22am On May 11 |
Chimarto: Where was EFCC when dollar was flowing right, left and center during party primaries? |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by Alwayshungry: 11:22am On May 11 |
There is major fraud going on in the oil and gas industry called OSP. for those that knows they know what I am talking about about. 1 Like |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by okeke6969: 11:23am On May 11 |
Exousiang01: In the right right direction, but what has changed? All na rat race. |
Re: EFCC Stops Dollar Transactions, Asks Embassies To Charge In Naira by erico2k2(m): 11:23am On May 11 |
ProjectsCityNG:Nah when dem move to Ghana Una go know say EFCC stupweed |
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