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Manufacturers Return To Black Market For Forex - Business (4) - Nairaland

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Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 9:54am On Oct 31, 2016
TheRealestGuy:
I mentioned short, medium and long term goals. There has to be a workable blueprint in place at least.

This government has done absolutely nothing at all in terms of diversification of our mono economy...

What are you talking about? The Govt talk about diversifying from oil to farming, mining etc.. Abeg where your farmland dey?

Whatare your contribution so far for the betterment of Nigeria?
Re: Manufacturers Return To Black Market For Forex by COCKCROW: 9:54am On Oct 31, 2016
Why the black market? Is it because there is no light in Nigeria that dollar is now sold in the black market or is it few people, from the right place,with the presidency connection are now tactically allowed to destroy the nation for their selfish interest? What is benefit of dollar black market. We condemn fuel black market and get those involved arrested. Who are the owners and controllers of the black market. What are their source of dollars. Please let somebody knowledgeable enough to educate me.
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 9:59am On Oct 31, 2016
amagunnerfan:
What's wrong here is your lot's penchant to blame the ills of yesteryears on Buhari.

The error has been committed years ago. We didn't suffer because oil price was okay before now.
You do not get do you?
I'm not comenting from a political point of view but from consumer point of view APC and PDP are same and non of them pay me . .I earn Forex and I am not happy howmuch more of those who earn Naira.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:00am On Oct 31, 2016
erico2k2:

Very simple.put someone who is economically litrate to run the ministry of finance or better still resign

And that person will start printing Dollars?

Some comments sha. Let the NDA continue bombing the pipelines now wetin consign us we are in it together.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:03am On Oct 31, 2016
erico2k2:

And had it been we had no Oil??

The likes of GEJ and his co looters wouldn't have seen billion of dollars to loots.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:07am On Oct 31, 2016
erico2k2:

Have you been to them countries ? The first thing you will notice is petrol is cheap . Cos they have loads of it except venuzuela . And you cannot compare Nigeria to the remaining two.
Oga don't say what you don't know, Petrol is not cheap in those countries ask those who have been there... Petrol is more espensive in UAE than Nigeria when you convert it to Naira.
Re: Manufacturers Return To Black Market For Forex by Saintp(m): 10:08am On Oct 31, 2016
amagunnerfan:
So it is now a crime to contest for an election? The fact is, PDP and the last administration kept doctoring reports to make everyone feel all is well with the country.

Ever wonder why it is only under GEJ that the foreign reserve plummed despite us borrowing so much? No one is saying Buhari is a saint but a tenure is 4 years not 1 year plus. You lot have refused to take a chill pill because you can't come to terms with the fact that your 'hero' the shoeless one lost an election.

Another unintelligent response. So to you it is about GEJ and PDP? Anyone who refuses to accept excuses for poor performance is now PDP n GEJ fan. And what makes you think I give a f***k about PDP n GEJ?
Why will things improve when all you do is to benchmark PMB with PDP. This failure benchmarking failure and you know the result? DISASTER.
Bros, it is not about those idiots you are talking about, it is about the survival of Nigerians. You can decide to eat PMB's pooh pooh that is your business but the average man on the street wants a better life not things getting worse. If PMB makes Nigeria work, I will become his fan but for now he is has failed. If it were be a ruthlessly performance demanding private sector, he would have been sacked long ago because their is no time to even say "no time"
Re: Manufacturers Return To Black Market For Forex by amagunnerfan: 10:08am On Oct 31, 2016
erico2k2:

You do not get do you?
I'm not comenting from a political point of view but from consumer point of view APC and PDP are same and non of them pay me . .I earn Forex and I am not happy howmuch more of those who earn Naira.
Now I get. I was of the impression you were blaming Buhari for all these. He could have done better but the real blame likes with GEJ, OBJ and others before them.

It is well with our country. We will be fine in the end.
Re: Manufacturers Return To Black Market For Forex by chigoizie7(m): 10:12am On Oct 31, 2016
We are finished.



This govt is worthless.


Simple regularisation, they can not do.


Don't they know the people that needs this fx the most?

They want to kill the local manufacturers.

Tomorrow now, they will be shouting diversification.

Simple economic blue print, u can not provide.
Re: Manufacturers Return To Black Market For Forex by JamesFCI(m): 10:23am On Oct 31, 2016
My company Foreign Currency Innovations based in London specialise in making international payments for the corporate sector.

Here at FCI we offer a fully FCA regulated service which allows you to exchange your Naira into USD with no transaction fees. We've been very successful in trading from $25,000 for up to $5 million USD per day and the funds have reached the clients beneficiary within a 2-3 day time-frame, whereas up to now our clients have been using a letter of credit which takes 90 days for funds to arrive.

My contact email is james.gilbert@fci-ltd.co.uk - Please get in touch if you would like to discuss further.

Must hold a non-resident account
Must be able to provide in-depth company information
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:26am On Oct 31, 2016
bettercreature:
I wonder what they are doing with all the dollars from crude oil sales,atleast it suppose to serve 85% of our forex needs
Oil was 30$ per barrel fine but it has been 45$ to 50$ over 4 months now so i wonder why this government is hoarding dollars

What are you talking about? Tell your brothers to stop bombing pipelines or else we are in it together.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:26am On Oct 31, 2016
fortunejum:
It wasn't like this in the days of Jonathan despite huge corruption.


In the days of GEJ crude oil price was in a minimum price of $100 per barrel and NDA are not bombing pipelines.


Now crude oil is around $30 per barrel and NDA are bombing pipelines making it difficult to get the actual output.
Re: Manufacturers Return To Black Market For Forex by TheRealestGuy(m): 10:31am On Oct 31, 2016
APCmyheart:


What are you talking about? The Govt talk about diversifying from oil to farming, mining etc.. Abeg where your farmland dey?

Whatare your contribution so far for the betterment of Nigeria?




If you must quote please do with sense.

The government should be leading with actions and not all these propaganda they dish out to gullible imps like you.

You think diversification we talk about is about people going into subsistent farming?

Ignorance is bliss...

Get the fvck off my mentions dude.
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 10:45am On Oct 31, 2016
APCmyheart:
Oga don't say what you don't know, Petrol is not cheap in those countries ask those who have been there... Petrol is more espensive in UAE than Nigeria when you convert it to Naira.
Well if you may Know I have been and as a matter of fact I work with people from that region . Ask yourself where the importers get thier petrol from do U av an answer ?
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 10:46am On Oct 31, 2016
APCmyheart:


In the days of GEJ crude oil price was in a minimum price of $100 per barrel and NDA are not bombing pipelines.


Now crude oil is around $30 per barrel and NDA are bombing pipelines making it difficult to get the actual output.
MayB the FG can start from sorting th issues surrounding the insecurities of pipe lines .
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:48am On Oct 31, 2016
erico2k2:

What you have failed to realizability is that we are not struggling but dying .


hahahhaa now is dying hahahha, We never want to accept the fact that we are not only the one going through but our brothers from the yeast and the little co wailers from here want Buhari to just perform magic.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 10:52am On Oct 31, 2016
TheRealestGuy:
If you must quote please do with sense.

The government should be leading with actions and not all these propaganda they dish out to gullible imps like you.

You think diversification we talk about is about people going into subsistent farming?

Ignorance is bliss...

Get the fvck off my mentions dude.


And you think the diversification that your heroes did not embark on since 1999 can be achieve under 4yrs? Use your brain Buhari is not a magician.. Keep supporting NDA, PEJ, Dasuki, FFK, Fayose etc and expect things to work out.
Re: Manufacturers Return To Black Market For Forex by TheRealestGuy(m): 10:54am On Oct 31, 2016
APCmyheart:



And you think the diversification that your heroes did not embark on since 1999 can be achieve under 4yrs? Use your brain Buhari is not a magician.. Keep supporting NDA, PEJ, Dasuki, FFK, Fayose etc and expect things to work out.
Sense, you don't have.

APC zombie...

1 Like

Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:00am On Oct 31, 2016
erico2k2:

Well if you may Know I have been and as a matter of fact I work with people from that region . Ask yourself where the importers get thier petrol from do U av an answer ?
The same place they are getting it from during GEJ era abi which answer are you expecting?
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:02am On Oct 31, 2016
erico2k2:

MayB the FG can start from sorting th issues surrounding the insecurities of pipe lines .

How do you want them to do that? Is it by sending military to start killing the militants or by giving the ,militant the security deal the same way GEJ did then which they use to enriched themselves.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:05am On Oct 31, 2016
TheRealestGuy:
Sense, you don't have.

APC zombie...

You just proof your ignorance here, With all i type the only thing you can type is insults right? continue..

You and your likes can not proffer any ideal of solution all you just want is miracle.. hahhaha
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:10am On Oct 31, 2016
porka:


If that is how incompetent Buhari is, (as you have so ashamedly admitted) why can't he just resign and let other people try their hands on the country's governance?


You are so daft, Now tell me how you will cope if you are exporting let's say yam at the rate of $10 each and you are being able to generate let's say $1000 daily, Now you are exporting the same yam for $2 Please tell us you will be able to generate that same $1000..


Please no insult just how you will be able meet up maybe this can help us.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:13am On Oct 31, 2016
erico2k2:

This was what I suggested but one pry 6 kid said I was foolish .


Yes you are, tell us how to get it out this you can't cos if you were to be in Buhari shoe there's nothing you can.. You have no ideal how we get here or what we can do to get out of it but all you can do is to insult the president and expecting magic.
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 11:18am On Oct 31, 2016
APCmyheart:



hahahhaa now is dying hahahha, We never want to accept the fact that we are not only the one going through but our brothers from the yeast and the little co wailers from here want Buhari to just perform magic.
Guy wake up its 31-10-16 the APC government already accepted responsibility for the present economic woes of the Nation . Where have you been mate??
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 11:20am On Oct 31, 2016
APCmyheart:



Yes you are, tell us how to get it out this you can't cos if you were to be in Buhari shoe there's nothing you can.. You have no ideal how we get here or what we can do to get out of it but all you can do is to insult the president and expecting magic.
What happened to Resigning ? After all David Cameron resigned and Theresa May took over.
Sound familier angry
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:22am On Oct 31, 2016
erico2k2:

There is no me right or you wrong here what's for sure is Nigerian's are dieing slowly.


Dying you say, We have been in this situation for a very long, Part of the things that have been killing us ever since is the #1.2billion in Fayose account, The over #4billion share by Fayose, Omisore, Obanikoro & co, the $2.1 billion shared by santa dasuki, The over $30million found in PEJ account, The about #10billion naira hotel in Yenagoa, About #5billion hotel in abuja, billions of Naira properties all belong to PEJ.

and lots more of this are what have been killing us but thanks to Buhari for exposing all this.
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:27am On Oct 31, 2016
erico2k2:

Guy wake up its 31-10-16 the APC government already accepted responsibility for the present economic woes of the Nation . Where have you been mate??


Yes the accepted which is good but we need to give them time to turn things around, Buhari is here to clear the mess of 16yrs and you don't expect that in a year.
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 11:27am On Oct 31, 2016
APCmyheart:
The same place they are getting it from during GEJ era abi which answer are you expecting?
You brain dey leak?
NO be subsidy make am cheap ? I B think say U get small sense . It turns out ur brain full of green goat milk
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:28am On Oct 31, 2016
erico2k2:

What happened to Resigning ? After all David Cameron resigned and Theresa May took over.
Sound familier angry


Oh... David cameron resign cos of bad state of UK economy? please tell me what i don't know.
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 11:28am On Oct 31, 2016
APCmyheart:



Yes the accepted which is good but we need to give them time to turn things around, Buhari is here to clear the mess of 16yrs and you don't expect that in a year.
The picture of a man eating green Grass and stones comes to mine ahaha . I Sorry for unu . Me I jst dey pity you guys . I don pot long time .
Re: Manufacturers Return To Black Market For Forex by erico2k2(m): 11:30am On Oct 31, 2016
APCmyheart:



Oh... David cameron resign cos of bad state of UK economy? please tell me what i don't know.
Nop he resign cos he knows he can't rule England under Brexit simple and he even left parliament cos he perceived there would be conflict of interest .
Re: Manufacturers Return To Black Market For Forex by APCmyheart(m): 11:32am On Oct 31, 2016
erico2k2:

You brain dey leak?
NO be subsidy make am cheap ? I B think say U get small sense . It turns out ur brain full of green goat milk


Thank God you understand it's subsidy that make it cheap but who are those that are enriching them self with the subsidy? Buhari says he is not ready to pay subsidy and that's where those selfish and useless oil cabal know say no more free money. Mind you those countries you mention are not paying subsidy.

Check for fuel price in those countries and convert the money to Naira. and let's see.

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