₦airaland Forum

President Buhari said that proponents of devaluation will have to work much harder to convince him that ordinary Nigerians will gain anything from it.

The President also rejected suggestions that the Central Bank of Nigeria should resume the sale of foreign exchange to Bureaux de Change (BDCs), saying that the Bureau de Change business had become a scam and a drain on the economy.



https://twitter.com/GarShehu/status/692704013662420992

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I though most bureau the change operators are northerners?
PMB working against northern interest.

The best ideas coming from Mr.President. This will make us more like Nigerians now.

The BDC from the media reports helped many politicians in stealing money.

tuale4u:
I though most bureau the change operators are northerners?
PMB working against northern interest.

He is not a President of the North. I sincerely like and admire him. He has guts and that is what we need in this country. A President with balls and guts.

I have continued to rant that the CBN do not need to devalue our naira. It will cause unnecessary hardship. Foreign countries and currency speculators have been mounting pressure on devaluation because they will benefit from it. We are an import-dependent country and cannot afford to devalue the naira.

You have to love its gut and the fact that is firm.

He makes rash decisions without consulting his economic team

But Yeye Banks is still not selling PTA or allowing Form A to be easily accessible , so how the End Users are still suffering!!!

Anyone that knows PMB & Emefiele should let them know the banks are still sabotaging their efforts.....