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Dollar Scarcity Stops Capital Repatriation By Investors - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessDollar Scarcity Stops Capital Repatriation By Investors (22544 Views)

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Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 1:06pm On Apr 27, 2020
VaselineCrew:
but Nigerians are more concerned with rumored nnamdi Kanus death, than the suffering coming in Nigeria.

How come a serious topic on nairaland never goes beyond 2-3 pages, but tribal threads reach 20?

That’s to tell you the mindset of a typical Nigerian.

Anyways now is the time for wisdom and hardwork for those that can see what’s coming.
You've said it all.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by iLegendd(m): 1:07pm On Apr 27, 2020
Good news.
Bad news.

It all depends on where you stand.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by iLegendd(m): 1:08pm On Apr 27, 2020
VaselineCrew:
but Nigerians are more concerned with rumored nnamdi Kanus death, than the suffering coming in Nigeria.

How come a serious topic on nairaland never goes beyond 2-3 pages, but tribal threads reach 20?

That’s to tell you the mindset of a typical Nigerian.

Anyways now is the time for wisdom and hardwork for those that can see what’s coming.
To see what is coming, click here. https://www.nairaland.com/5796579/better-prepare-what-happen-soon
Re: Dollar Scarcity Stops Capital Repatriation By Investors by nedekid: 1:11pm On Apr 27, 2020
stonemasonn:
Too many negatives. Whose fault, Buhari? or the world's economy.
Stay there and be blaming world economy.
People said this man had bad luck, any thing he touches the forces of the universe are against.
He entered gov in the 80s, economy collapsed. We had to qeue to buy essential commodities ie suga, salt etc. That was in the 80s oh.
He comes again everything scatter, oil crash, Fulani killings, Boko Haram excalates, Corona virus, fire in all gov offices, bandits etc.
See, I am sure you know some people are bad luck while some blessed. You will see a righteous man will enter government tomorrow, from no where oil price will rise, killings will stop etc. Its is called favour and applicable in Islam, Christianity. In westhern world it is Goodluck ie lucky charm etc, for the religious its favor, grace etc.
What ever presido touches withers.
Give him the economy of Qatar, Dubai, Germany, Sweden, leichesten, Canada, Japan, USA etc and check them out in 6 months.
NA RECESSION YOU GO SEE!
Re: Dollar Scarcity Stops Capital Repatriation By Investors by pmoye(m): 1:12pm On Apr 27, 2020
Thanks a lot for the clarification. It is probably a good idea to save money in foreign currency than in Naira right now.

I got the rate I quoted from https://www.xe.com/currencyconverter/convert/?Amount=1&From=USD&To=NGN

PHijo:
It is exchange rate futures! How much people would be ready to swap both currencies at a future date.

Meanwhile is your N390/$ official or shadow market rate?
Re: Dollar Scarcity Stops Capital Repatriation By Investors by samsard(m): 1:14pm On Apr 27, 2020
CokeBar:
Anyone who wants to buy dollars at 450 negotiable should quote me...

Strictly on payoneer please!
It is definitely not that expensive yet.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Openbusiness: 1:16pm On Apr 27, 2020
rusher14:
Don't go and work.
Employ me na, Minister of Labor, I fit manage 500k per day salary like Zoohari COVIK-19 taskforce grin
Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 1:16pm On Apr 27, 2020
Openbusiness:
Employ me na, Minister of Labor, I fit manage 500k per day salary like Zoohari COVIK-19 taskforce grin
Ok.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by MondayOsunbor(m): 1:17pm On Apr 27, 2020
Kobicove:
The ride ahead is going to be very bumpy for Nigerians huh
very bumpy for Nigerians huhhuh


Nigeria is riding off the cliff
Re: Dollar Scarcity Stops Capital Repatriation By Investors by MondayOsunbor(m): 1:17pm On Apr 27, 2020
Kobicove:
The ride ahead is going to be very bumpy for Nigerians huh
very bumpy for Nigerians huhhuh


Nigeria is riding off the cliff

buhari and co should resign now
Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 1:18pm On Apr 27, 2020
nedekid:
Stay there and be blaming world economy.
People said this man had bad luck, any thing he touches the forces of the universe are against.
He entered gov in the 80s, economy collapsed. We had to qeue to buy essential commodities ie suga, salt etc. That was in the 80s oh.
He comes again everything scatter, oil crash, Fulani killings, Boko Haram excalates, Corona virus, fire in all gov offices, bandits etc.
See, I am sure you know some people are bad luck while some blessed. You will see a righteous man will enter government tomorrow, from no where oil price will rise, killings will stop etc. Its is called favour and applicable in Islam, Christianity. In westhern world it is Goodluck ie lucky charm etc, for the religious its favor, grace etc.
What ever presido touches withers.
Give him the economy of Qatar, Dubai, Germany, Sweden, leichesten, Canada, Japan, USA etc and check them out in 6 months.
NA RECESSION YOU GO SEE!
But you were alive when Boko Haram started, price of oil went down, Coronavirus is killing the world and Bobrisky is a celebrity.

Shouldn't you ask yourself if it is your fault?
Re: Dollar Scarcity Stops Capital Repatriation By Investors by easyelliot(m): 1:18pm On Apr 27, 2020
stonemasonn:
Too many negatives. Whose fault, Buhari? or the world's economy.
Both
Re: Dollar Scarcity Stops Capital Repatriation By Investors by CokeBar(f): 1:20pm On Apr 27, 2020
samsard:
It is definitely not that expensive yet.
I'm hoping you saw the word "negotiable" smiley
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Evercurious(f): 1:21pm On Apr 27, 2020
nedekid:
Stay there and be blaming world economy.
People said this man had bad luck, any thing he touches the forces of the universe are against.
He entered gov in the 80s, economy collapsed. We had to qeue to buy essential commodities ie suga, salt etc. That was in the 80s oh.
He comes again everything scatter, oil crash, Fulani killings, Boko Haram excalates, Corona virus, fire in all gov offices, bandits etc.
See, I am sure you know some people are bad luck while some blessed. You will see a righteous man will enter government tomorrow, from no where oil price will rise, killings will stop etc. Its is called favour and applicable in Islam, Christianity. In westhern world it is Goodluck ie lucky charm etc, for the religious its favor, grace etc.
What ever presido touches withers.
Give him the economy of Qatar, Dubai, Germany, Sweden, leichesten, Canada, Japan, USA etc and check them out in 6 months.
NA RECESSION YOU GO SEE!
HE IS JUST CURSED
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Nobody: 1:36pm On Apr 27, 2020
Those useless olodos won't come on this thread, because brain capacity is too low to comprehend or provide solutions.

Where will you find them, tribal arguments, sex, afrobeats, copy copy useless things from abroad.


Every topic is jokes and banter to them.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by FLOTAN(m): 1:39pm On Apr 27, 2020
Diversification of the economy is the solution. Our economy rises and falls with movements in oil prices which is not smart!
Re: Dollar Scarcity Stops Capital Repatriation By Investors by suremanpatriot: 1:43pm On Apr 27, 2020
E neva start whn you people are extedin lockdown didnt you know yu are diggin your grave? One weekend lockdown is wht yu can afford but yu kept usin gragra to extend your misfortune. Many politrickcians looters wil start dieing of dollar scarcity heart attack,watch undecided
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Metrofox(m): 1:50pm On Apr 27, 2020
rusher14:
If you like continue hiding your head in the sand.

Until YOU produce your nation is doomed.

Produce everything - Rice, pencils, clothes, footwear, sugar, building materials, razor blade, bicycles, etc.

A country of jobless people mocking their nation for even producing pencils is destined for failure.
and how do you produce without power?
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Quietly(m): 1:51pm On Apr 27, 2020
JasonJidenna:
To think that General buhari took so much time in appointing Failures and gathered some bunch of unprofessional certificate forgery mofo's as his economic team makes me angry....

Our Economy has been in total shambles even before the lockdown. No hope in sight for the common man except his Creator.

We didn't have it this bad when we had Ngozi Okonjo-Iweala handling our economy.


Na God go help us.
boss,anything for your boy?
Re: Dollar Scarcity Stops Capital Repatriation By Investors by AdesegunSanni89: 1:53pm On Apr 27, 2020
composure:
Yes...
To me it means those responsible, promoting the dollar and killing the naira in Nigeria is payback time for them to taste thier own cup of coffee.
This is good news for Nigeria I guess. In other words, Nigeria's money stays in Nigeria. I wonder why Fools are still complaining about this.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by AdesegunSanni89: 1:55pm On Apr 27, 2020
Metrofox:
and how do you produce without power?
Bros Michael Faraday didn't have electricity before he developed electricity. A world is enough for the wise.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by InvertedHammer: 1:55pm On Apr 27, 2020
/
Nigerian economy. Oxymoron?

What Nigeria has is revenue sharing-- sell crude oil and share/loot the proceeds. Nothing more nothing less. Prod the state for other revenues, they introduce levies and VAT.

Crude oil price sinks; Nigeria goes kaput.

\
Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 1:57pm On Apr 27, 2020
Metrofox:
and how do you produce without power?
Excuses, excuses, excuses.

How do yahoo boys function without electricity?

How do night clubs and strip clubs function?

Why is it only when it comes to producing we see all these obstacles?

Electricity became a domestic resource circa 1890 but before then steam engine cars were being manufactured and sold.

In the face of problems, solutions are sought.

Think differently.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Kinikini: 1:59pm On Apr 27, 2020
I suppose the negativity you pointed out started in 1960. Even if you select a new sets of people into governance today from the Federal to the local government throughout the country, the trend has 90% probability of continuing. It is in the black man's gene to be selfish and deprive others of the right to live. Doubts you will fare better if given a chance to lead. It is 'connection' when it fetches us money, favours, good job etc but it becomes corruption when we are excluded from the goodies.


quote author=tot post=88907377]Incredible.

Nigerians will now better understand the consequence of bad governance.

A government that has failed to plan will definitely have a hard time during times like these. Fix electricity? No. Allocate the right budget to health and education? No. Develop the country? No. Well, this is the result.[/quote]
Re: Dollar Scarcity Stops Capital Repatriation By Investors by AdesegunSanni89: 2:01pm On Apr 27, 2020
Kinikini:
I suppose the negativity you pointed out started in 1960. Even if you select a new sets of people into governance today from the Federal to the local government throughout the country, the trend has 90% probability of continuing. It is in the black man's gene to be selfish and deprive others of the right to live. Doubts you will fare better if given a chance to lead. It is 'connection' when it fetches us money, favours, good job etc but it becomes corruption when we are excluded from the goodies.


quote author=tot post=88907377]Incredible.

Nigerians will now better understand the consequence of bad governance.

A government that has failed to plan will definitely have a hard time during times like these. Fix electricity? No. Allocate the right budget to health and education? No. Develop the country? No. Well, this is the result.
Please advice the government on how to fix electricity because all you critics know how to do is complain without offering tangible solutions.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by tot(f): 2:08pm On Apr 27, 2020
AdesegunSanni89:
Please advice the government on how to fix electricity because all you critics know how to do is complain without offering tangible solutions.
So it now the citizens' jobs to advice the government on how to do its work huh
Re: Dollar Scarcity Stops Capital Repatriation By Investors by AdesegunSanni89: 2:19pm On Apr 27, 2020
tot:
So it now the citizens' jobs to advice the government on how to do its work huh
The government officials are also citizens like you. If you can't offer advice the government on how to do it's work better, then keep quiet and stop complaining. What we are basically asking you is - what will you do better if you find yourself in government tomorrow? Or you no get anything for head?
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Metrofox(m): 2:20pm On Apr 27, 2020
rusher14:
Excuses, excuses, excuses.

How do yahoo boys function without electricity?

How do night clubs and strip clubs function?

Why is it only when it comes to producing we see all these obstacles?

Electricity became a domestic resource circa 1890 but before then steam engine cars were being manufactured and sold.

In the face of problems, solutions are sought.

Think differently.
Problem I have with blacks is that you don't take time to really read books and understand how things work, we prefer the easier route of praying or wishing away our problems.

Do you know the margins on production? You think the yahoo boy doesn't factor in the cost of running gen or the strip clubs just open and keep their gens running without knowing if they'll make a profit at the end of the day? Why do you think China is the production capital of the world today when any Tom, Dick or Harry can import machines and switch them on for production..

Nigeria has the population(economy of scale) viable for any market but companies prefer to move to Ghana and sent the finished goods down here.. why?

COST OF PRODUCTION ..
Do your own little reading,find out how market societies work then come back, I'll be waiting.

Electricity became a domestic resource circa 1890 but before then steam engine cars were being manufactured and sold.

In the face of problems, solutions are sought.

Think differently.
What is the difference between electricity and the steam engine?Before the steam engine Europe developed advantage from mechanized labor using the water wheel and windmills(one of the reasons they colonized you) , also read up on renaissance Europe and find out how the Industrial revolution came about powered by the steam engine and mechanization in the 18th century . Cheers
Re: Dollar Scarcity Stops Capital Repatriation By Investors by nedekid: 2:25pm On Apr 27, 2020
rusher14:
But you were alive when Boko Haram started, price of oil went down, Coronavirus is killing the world and Bobrisky is a celebrity.

Shouldn't you ask yourself if it is your fault?
Ok
Re: Dollar Scarcity Stops Capital Repatriation By Investors by rusher14: 2:28pm On Apr 27, 2020
Metrofox:
Problem I have with blacks is that you don't take time to really read books and understand how things work, we prefer the easier route of praying or wishing away our problems.

Do you know the margins on production? You think the yahoo boy doesn't factor in the cost of running gen or the strip clubs just open and keep their gens running without knowing if they'll make a profit at the end of the day? Why do you think China is the production capital of the world today when any Tom, Dick or Harry can import machines and switch them on for production..

Nigeria has the population(economy of scale) viable for any market but companies prefer to move to Ghana and sent the finished goods down here.. why?

COST OF PRODUCTION ..
Do your own little reading,find out how market societies work then come back, I'll be waiting.


What is the difference between electricity and the steam engine?Before the steam engine Europe developed advantage from mechanized labor using the water wheel and windmills(one of the reasons they colonized you) , also read up on renaissance Europe and find out how the Industrial revolution came about powered by the steam engine and mechanization in the 18th century . Cheers
I made a very basic argument which simply implies that you must look inwards and stop looking for excuses.

The epistle was totally unnecessary.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Metrofox(m): 2:30pm On Apr 27, 2020
AdesegunSanni89:
Bros Michael Faraday didn't have electricity before he developed electricity. A world is enough for the wise.
You can check my reply to the other person ,read and expand your horizon too.. In knowledge lies power, cheers.
Re: Dollar Scarcity Stops Capital Repatriation By Investors by Kinikini: 2:38pm On Apr 27, 2020
I doubt you read my post.

AdesegunSanni89:
Please advice the government on how to fix electricity because all you critics know how to do is complain without offering tangible solutions.
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