₦airaland Forum

Nomercie:
Osukwu will not be happy with this news.

My friend stop deceiving yourself let it reflect in the economy not just a news be for you start defend it.

Nomercie:
Osukwu will not be happy with this news.

so what is your happiness in this news ?

Eagleways:
so what is your happiness in this news ?

Are you Osu people?

Abaki5:
My friend stop deceiving yourself let it reflect in the economy not just a news be for you start defend it.

Osudient

afube:
50 % of that Remittances are from IPOB and Igbo people....Oponu!

Wetin concern me concern Osu people?

Make Una dey decieve una life,the day you restore d economy to the way it was 2015,we listen.

Nomercie:
Osudient

I'm sorry man I don't play childish plays that you seek playing with igbos name I was just trying to tell you that it' doesn't help us as a country as you all claim it to be but I'm sorry for the hash words

All na propaganda

Most of the remittances are from oversea sojourners to relatives back home. Millions of Nigerians have actually left this country for abroad within the last 2years. You are a king in Hell if you have relatives to remit money to you in Nigeria.

And yet you guys are borrowing $500 million, enslaving the nation more.

Steep:
And yet you guys are borrowing $500 million, enslaving the nation more.

Look they don't care. Nigeria is run like a local brothels. Na ashawo go burst their ass, while the Boss go dey seap beer & fegs cigarettes under the shed.

Yeah, the money we send to our families in Liegeria keeps you afloat.

LegendHero:
130% increase from 2023 same period is very good.

But I want that figure to be up to $1billion + per month. Cardoso you can do this.

Nigerians in the diaspora are doing this. The dollars are transferred to Nigerian banks, which pay the recipient in Naira and retain the dollars.

Give Nigeria in the diaspora the right to vote.

Na so we go dey all these amounts and the next we go hear them want collect another loan from China/world bank

ruggedboych:
Your Cardozo is a dullard, try and error CBN governor

If na your fellow igbo man you go praise and over hype him. You and your type are not capable rational reasoning and talking without making any sense is your identity.

Abi na from there him use take buy jet🫢

Nomercie:
Osukwu will not be happy with this news.

how much dey reach ronu Braindead minions hand?
Abi dem follow dey suffer for this tunubulation
When they say you lots are braindead it's an understatement
Maybe we will continue to eat statistics
Dumb lots

Depending on foreign remittance to generate revenue in foreigners currencies into the country and to strengthen the naira..if those nigerians did not Japa to abroad and send money to their families here in Nigeria how will you CBN had got and generated this foreign remittances....

Nomercie:
Are you Osu people?

yes , I am and now your landlord

joseph1832:
Hmm. Yet we won't see or even know which agencies remitted and which didn't remit, neither will we know what the money is used for.

Remittances are money Nigerians who reside abroad sent home

004gist:
Remittances are money Nigerians who reside abroad sent home

Oh my bad. I didn't know this. I didn't even know CBN keep track of such money. Thank you for explaining this. 🙏

Eagleways:
yes , I am and now your landlord

I don't stay in your shit hole

Ibehchizzy:
how much dey reach ronu Braindead minions hand?
Abi dem follow dey suffer for this tunubulation
When they say you lots are braindead it's an understatement
Maybe we will continue to eat statistics
Dumb lots

I don't read Osu gibberish

Omo, financial illiterates full this forum o! See as illiterate full first page; instead to ask question den dey condemn the success. Chai!

Legendhero, thank you jare for breaking it down for them.

joseph1832:
Oh my bad. I didn't know this. I didn't even know CBN keep track of such money. Thank you for explaining this. 🙏

Yeah it is also called net unilateral transfer (NUT) and appears under current account in the Balance of Payment Accounting

Abaki5:
I'm sorry man I don't play childish plays that you seek playing with igbos name I was just trying to tell you that it' doesn't help us as a country as you all claim it to be but I'm sorry for the hash words

It's all okay since you realize that you shouldn't have talk to me like that in first instance,I'm also for PEACE as I'm for the WAR

004gist:
Yeah it is also called net unilateral transfer (NUT) and appears under current account in the Balance of Payment Accounting

I see. So how does Nigeria benefit from this?

Greenfusion:
Inflow that doesn't affect Nigerians positively......audio nonsense

Dey play! I no blame you as Naira never hit 3k; that time you go no the meaning of exchange rate stability, and the importance of liquidity, partly brought about by diaspora remittances.

Nomercie:
Osukwu will not be happy with this news.

During Gej, remittance were more than 10billion dollars...
That's why U n Ur ilks could seat in that dirty room and order earpiece from AliExpress.

joseph1832:
I see. So how does Nigeria benefit from this?

Nigeria government need dollars and pounds to meet obligations such as payments of goods and services on behalf of those importing items from China and rest of the world. Payment of schools fees for those schooling abroad, medical and other services .. Etc

Cbn sells this FX to bank and banks helps facilitate this transaction between traders.


Lastly the more dollars Nigeria have and are able to meet backlogs of FX request the better our naira gets to strengthened

Nomercie:
I don't read Osu gibberish

ronu batidiot showing signs of retardeddness nothing new

004gist:
Nigeria government need dollars and pounds to meet obligations such as payments of goods and services on behalf of those importing items from China and rest of the world. Payment of schools fees for those schooling abroad, medical and other services .. Etc

Cbn sells this FX to bank and banks helps facilitate this transaction between traders.


Lastly the more dollars Nigeria have and are able to meet backlogs of FX request the better our naira gets to strengthened

given your last take, are you saying Nigeria doesn't have enough dollars, that's why the Naira is weak against the dollar? Because I want to believe diaspora remittance aren't the only way Nigeria can source for forex, there must be other ways, and if diaspora remiitance can remit this amount, I wonder why other aspects aren't.