Change Change Change!!!!

jcflex:

it shall not be well with the so call international airline.
nonsense.

if you cnt deal with our naira, then Bleep off our airspace.



can we tender Naira to buy flight ticket in Uk/USA. will it be accepted.

yet you want us to accept your own currency in our country.

you see them talking about repatriatin fund to their country.

if you must repatriate fund back to you country, them go with Naira and exchange it in your country.

Naira must be strengthened.
outright ban on dollar/pound spending be impose.

paying for jet fuel in dollars here in nigeria should not be accepted, they should exchange their dollar to naira and pay the marketers in naira, this are tinz that will help strengthen our Naira.

we have accept all their rubbish over the years, but now it time we take our stand.


African should stand tall and face the devilish white people to their face, we should stop fueling white man economy at the detriment of our own.


Just like Zimbabwe adopt the spending of Chinese YEN as a ledger tender in their country just because of $40billion debt.

Guy,do you really understood what you just read??/..
When you read ,don't be in a haste to comment, cos you got to make nonsense of comments,.

In summary, there is no where they said Nigerians should be buying tickets in foreign currency (s), and how to repatriate their cash to their respective countries,, cutting down number of aircraft's coming into the country next year and downsizing their workforce and marketers notifying them to be buying fuel in dollars ,.So ur contributions are out of place and order.
Correct me if there is any need.
Thank you

dikeigbo2:

Guy,do you really understood what you just read??/..
When you read ,don't be in a haste to comment, cos you got to make nonsense of comments,.
In summary, there is no where they said Nigerians should be buying tickets in foreign currency (s), and how to repatriate their cash to their respective countries,, cutting down number of aircraft's coming into the country next year and downsizing their workforce and marketers notifying them to be buying fuel in dollars ,.So ur contributions are out of place and order.
Correct me if there is any need.
Thank you

More people will be sent out to d labour market niyen ! Wahala

ZUBY77:


1 naira to 1 dollar seems to be heading towards the opposite direction at the moment.

Tell me, is the dollar going to suddenly turn around on its own and start heading back to 1 naira value?

In a bid to tell yourself that you did well by voting Buhari, things suddenly crowded your head and reasoning became a difficult task. Then you deny yourself of the fact that things are not what you expected. Smh

It's not too late to help yourself.
I don't care who the President is or who voted him.. My point is that things are getting worse on daily basis and knowing the kind of people in Nigeria, it's not going to get better any time soon.

It is getting better

jcflex:


Bro you dnt get it, nobody is saying they shld not take their profit home,

Can a nigeria doing business in UK/US allow to accept Payment in Naira from UK/US citizens.

when the business get to Nigeria, he changes his dollar to Naira.

So the Airline can go back to their various country and change the Naira to their dollar/pound.

with that their will be demand for Naira in other country, and that will help strengthen our Naira,

simply because the demand for dollar is high in Nigeria that one of the major reason our naira is in a free fall.

I know of some places in Ikoyi, that shooping complex where they only accept dollar, for payment of Goods, we have same in Abuja too. it worrisome.

You should read up on international economy and how currencies work before commenting on complicated topics like this that are obviously above your pay grade.

The effect on the airlines are the unintended consequences of the CBN policies. These were not the targets of these policies.

For your information, naira is of little or no value to these airlines if they were to take it to their country as you suggested. They need to change them to foreign currencies in other to pump these same funds into their airline operation back at home to continue the operation.

Look at it from the angle of an trader, if a particular customer continues to pay you with a currency that have little and decreasing buying power, you have the right to refuse to sell to that customer or reduce your sales to that customer and and the customer can take his or her business elsewhere...this is exactly what the airlines say, they are going to do...i.e. reduce flights to Nigeria and divert then elsewhere for better use.

You might say...good! Then the 'customer', which in this case is Nigeria can take his business elsewhere, the problem is, the CBN clip down is on all foreign curriences, which means other countries will not be willing to do business with Nigeria or they will adopt reciprocating policies against Nigeria, in this scenario Nigeria would have set itself against the whole world.

Central bank policies should be the last option to boost countries economy...other countries like the USA, China, Germany, etc that does it having huge goodwill and mighty underlying productive economy to back it...Nigeria does not, if a few other countries adopt reciprocating policies against the Naira, the currency will continue in it's free fall, which will lead to hype-inflation and the economy will collapse underneath.

jcflex:

it shall not be well with the so call international airline.
nonsense.

if you cnt deal with our naira, then Bleep off our airspace.



can we tender Naira to buy flight ticket in Uk/USA. will it be accepted.

yet you want us to accept your own currency in our country.

you see them talking about repatriatin fund to their country.

if you must repatriate fund back to you country, them go with Naira and exchange it in your country.

Naira must be strengthened.
outright ban on dollar/pound spending be impose.

paying for jet fuel in dollars here in nigeria should not be accepted, they should exchange their dollar to naira and pay the marketers in naira, this are tinz that will help strengthen our Naira.

we have accept all their rubbish over the years, but now it time we take our stand.


African should stand tall and face the devilish white people to their face, we should stop fueling white man economy at the detriment of our own.


Just like Zimbabwe adopt the spending of Chinese YEN as a ledger tender in their country just because of $40billion debt.

This is a Masterpiece article!!! Well done, Nigerians we may suffer by this decision but on the long run its for our own good!
2016 is a year to spend wisely and budget properly!

Im done trying to explain to u...its obvious u dont understand a word ive bin sayn cos what ur saying has abdolutely notin to do wit wateva ive bin sayn since

erico2k2:

Y is dis soo hard for U 2 understand? ? The coy oporating in Nigeria use Naira not dollars does MTN pay their staff in Dollars? ? I repeat again there is no demand for pounds globally. I earn pounds when I was coming to Nigeria I wired my pounds to my 9ja bank account t and guess what I withdrew Naira not pounds so my friend your analogy is flawed.

It's time for Arik and others to get on the scene and further utilise this opportunity. ...if they cnt repatriate money to their respective countries....Arik doesn't need to...we have Bastardized our Currency and Economy...its hard bt it's the right way...starve those looters of their ill-gotten Dollars

Blackkie:
I weep for the so called Nigerian youths!
So it has come to the extent that they cannot understand simple information?

Airlines are doing businesses in Nigeria, footing all their bills but cannot take home their profits thus they may reduce the presence due to the dollar restrictions - if you are in their shoes what will you do?

If the western world made it a low that you cannot leave America or Britain with what you have earned in their nation how will Nigerians see it?

From your understanding is this policy not a negative one for Nigerians and our economy?

Can someone suggest to foreigners how best to take their hard earned money home!

u get sense? this tin u talk na u see sense inside? Hv u ever worked in America earned dollar n told dem 2 giv u naira wen u r bout to com 2 nigeria? so why won't dey carry d naira go to dere country n change it? year don dey end o. grab sense

ibb1993:
my neighbors hated me because I was busy supporting buhari we were in a vehicle to abj when I said Jonathan is a failure they all wanted to fight me calling me APC I gave every support to pmb but now I want my country

I'm proudly Igbo. Nobody will secede from Nigeria. Suddenly, everyone is shouting Biafra because GEJ lost meanwhile even his native Ijaw people have moved on, but oh no we would not. I don't see Igbo presidency passing us in, at worst, 2023. Igbos need to be given a sense of re-acceptance after the war not to be given a country by Nigeria allowing a president of Igbo extraction. Forget about another country because Nigeria is too mixed to be separated now. I'm not ready for any tribal shock or mass movement of Igbos from other states now...and war should not even be an option because I'm not ready for another 1967.

slimfit1:


It is getting better

Yeah, I just saw it on CNN.

jcflex:

it shall not be well with the so call international airline.
nonsense.

if you cnt deal with our naira, then Bleep off our airspace.



can we tender Naira to buy flight ticket in Uk/USA. will it be accepted.

yet you want us to accept your own currency in our country.

you see them talking about repatriatin fund to their country.

if you must repatriate fund back to you country, them go with Naira and exchange it in your country.

Naira must be strengthened.
outright ban on dollar/pound spending be impose.

paying for jet fuel in dollars here in nigeria should not be accepted, they should exchange their dollar to naira and pay the marketers in naira, this are tinz that will help strengthen our Naira.

we have accept all their rubbish over the years, but now it time we take our stand.


African should stand tall and face the devilish white people to their face, we should stop fueling white man economy at the detriment of our own.


Just like Zimbabwe adopt the spending of Chinese YEN as a ledger tender in their country just because of $40billion debt.

dnt. Mind dem.some people does. Not knw d usefulness and how safety d policy would help our country.

louismane:
Im done trying to explain to u...its obvious u dont understand a word ive bin sayn cos what ur saying has abdolutely notin to do wit wateva ive bin sayn since

See yourself have you ever earned $in your life??If you did you won't be this backward plz go bck to the comedy section these subjects are way beyond your comprehensive mind which is still v young.

Bambizzle4k4556:



u get sense? this tin u talk na u see sense inside? Hv u ever worked in America earned dollar n told dem 2 giv u naira wen u r bout to com 2 nigeria? so why won't dey carry d naira go to dere country n change it? year don dey end o. grab sense

Guy nah U nor gt single sense. Who carries physical cash home?if you work in the US you get paid in dolars into your US bank account you carry your US ATM to Nigeria put it in GTB atm machine withdraw Naira. Wala. But if you reverse it you cannot withdraw your naira in dollars in the US.And can I ask who gets paid in Dollars in Nigeria??

nastyesco:
It's time for Arik and others to get on the scene and further utilise this opportunity. ...if they cnt repatriate money to their respective countries....Arik doesn't need to...we have Bastardized our Currency and Economy...its hard bt it's the right way...starve those looters of their ill-gotten Dollars

How about you who stole no dollar how U go take withdraw dollars if your leg manage reach USA?

slimfit1:
Go to London and buy your tickets with dollars and see the kind of rejection you will get. It is the right direction. Naira shall stand the effort to make 1 # to a dollar continues.

Many thanks for your post. Even though I cannot deny that things are not getting better but I want to know the type of suffering 160m Nigerian would suffer if an international airline does not fly into Nigeria. Ever since they have been flying into Nigeria, what considerable income has been acruing to Nigeria? Can the non- availability of such income impact negatively on us? Those are questions which should be asking (not endtime questions) and not all this shout of suffering each time any organisation withdraws it services from Nigeria.

erico2k2:

How about you who stole no dollar how U go take withdraw dollars if your leg manage reach USA?

So cos someone is in the US we shld Bastardized our Currency...that's inexcusable. Few of us either sacrifice now so we can collectively enjoy later else those in US will jst dump their passport in the dustbin when the economy is in shambles...

nastyesco:

So cos someone is in the US we shld Bastardized our Currency...that's inexcusable. Few of us either sacrifice now so we can collectively enjoy later else those in US will jst dump their passport in the dustbin when the economy is in shambles...

Another tombo bar talk.what has that got to do with anything? Tell me how does this policy help us in the short term or long term?do U have any facts?try and understand what is going on.we the masses are being made scape goats for the falure of our politicians..past and present.the present ones are worse cos it was they who tok the past FG to court to share our excess crude account. The then minister of finance faught them but the went to court and curruption won.the millions of $ was part of our forex backups. FYI it where the apc govt of lagos Edo and Rivers etc that took the FG to court.do you hear them saying anything since they are now in power?

IamDejman:
I unfollowed all boards and became a ghost member for a year now.

The situation of the country made me like that.

But I noticed things aren't getting better

We lie that things would get better

But they aren't

I'm not supporting or aligning myself with the wailing wailers but I'm saying we need a better change.

Youth need active participation in politics.

This God forsaken men ruled this country at the early stage of their life and still come back to rule us at this old stage

We youth should ask ourselves when we would free ourselves from this slavery

We need the Revolution. Common or uncommon sense

We need revolution.

I believe in Nigeria ruled by Youths. I am a leader of tomorrow but when would 'tomorrow' happen?

you're not ready to lead ,that's why the old men are still here

mikolo80:
you're not ready to lead ,that's why the old men are still here

I'm ready...

IamDejman:

I'm ready...

then lead instead of complaining. In your house, place of work, local govt, start somewhere and soon you will get your shot, and please don't waste it like our elders have done. attend party meetings and strategies your way to the top where you can affect change. not complaining on nairaland

lozanni:


I agree totally with you, that is why Nigerians in the Diaspora send so much money back home every year because they are allowed to repatriate their earnings.
The Foreign Airlines should be allowed to repartriate their earnings in Dollars, because Naira is not an international convertible currency, if it were then the Airlines would have taken home their earnings in Naira.
Sall could be a Propangandist, but plain common sense should always over-ride propaganda.

And Buhari is Junketting around the globe; looking for foreign investors who can't take away their profits after engaging in Legitimate business!! Isn't that the Height of Macro-economic confusion!!

You create an environment where currency restrictions is discouraging existing businesses and you are still expecting new investors that will encourage growth!!

Dullard!!

ehissi:


And Buhari is Junketting around the globe; looking for foreign investors who can't take away their profits after engaging in Legitimate business!! Isn't that the Height of Macro-economic confusion!!

You create an environment where currency restrictions is discouraging existing businesses and you are still expecting new investors that will encourage growth!!

Dullard!!

My brother, its like taking one step forward, then two steps backwards; that is real economic regression.

slimfit1:
Go to London and buy your tickets with dollars and see the kind of rejection you will get. It is the right direction. Naira shall stand the effort to make 1 # to a dollar continues.

no problem.But government should be able to provide the dollars they need. Its international practice . Government should cover its head in shame

ehissi:


And Buhari is Junketting around the globe; looking for foreign investors who can't take away their profits after engaging in Legitimate business!! Isn't that the Height of Macro-economic confusion!!

You create an environment where currency restrictions is discouraging existing businesses and you are still expecting new investors that will encourage growth!!

Dullard!!

you are 99% correct. Just don't call him a dullard

grandstar:
you are 99% correct. Just don't call him a dullard

That I don't call him so, doesn't mean he is not!! Besides, he has called his predecessor far worse!!

Both he and the Minister of petroluem, from the way and manner they handle the economy are clearly not too bright!!!

Else, we won't have groaning investors whose fund are trapped, neither would we have been delisted from J.P. Morgans Emerging Markets Bonds - weighted at $170bn!!

The most exasperating part of this whole mess is that when he - Talking about Mr President - was asked by a guest interviewer on the last presidential media chat on his awkward FOREX policy he concluded with

"I don't want to say that I don't believe what you are saying, because I know for you to say.............I will ask the CBN governor......"

How bright is that

jcflex:

it shall not be well with the so call international airline.
nonsense.

if you cnt deal with our naira, then Bleep off our airspace.



can we tender Naira to buy flight ticket in Uk/USA. will it be accepted.

yet you want us to accept your own currency in our country.

you see them talking about repatriatin fund to their country.

if you must repatriate fund back to you country, them go with Naira and exchange it in your country.

Naira must be strengthened.
outright ban on dollar/pound spending be impose.

paying for jet fuel in dollars here in nigeria should not be accepted, they should exchange their dollar to naira and pay the marketers in naira, this are tinz that will help strengthen our Naira.

we have accept all their rubbish over the years, but now it time we take our stand.


African should stand tall and face the devilish white people to their face, we should stop fueling white man economy at the detriment of our own.


Just like Zimbabwe adopt the spending of Chinese YEN as a ledger tender in their country just because of $40billion debt.

1 + 1= 2. That is a maths law. Economics also has laws. The issue is not dealing with naira but repatraition of funds. The government should provide them with the dollars. That is international best practice. If those airlines cut their flights to nigeria, nigeans will be the worse off

ehissi:


That I don't call him so, doesn't mean he is not!! Besides, he has called his predecessor far worse!!

Both he and the Minister of petroluem, from the way and manner they handle the economy are clearly not too bright!!!

Else, we won't have groaning investors whose fund are trapped, neither would we have been delisted from J.P. Morgans Emerging Markets Bonds - weighted at $170bn!!

The most exasperating part of this whole mess is that when he - Talking about Mr President - was asked by a guest interviewer on the last presidential media chat on his awkward FOREX policy he concluded with

"I don't want to say that I don't believe what you are saying, because I know for you to say.............I will ask the CBN governor......"

How bright is that

The foriegn exchange restrictions are infuriating! Buhari's understanding of economics borders on the lamentable. Buhari and the CBN governor is a good case of the blind leading the blind.. If this expansionary budget is passed, naira will be between 350 and 400 thos year. Soludo and Sanusi have already said enough