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Treasury Bills In Nigeria - Investment (1561) - Nairaland

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Re: Treasury Bills In Nigeria by ahiboilandgas: 1:44pm On Sep 23, 2020
DexterousOne:
You are still missing the point
do u know why 3400 km pipeline is not working ...cos Nigerians in a year vandalised the pipe 760 points last year ....and tankers was loading in the night and ever body was looking at it people go to ikorodu to buy cheap fuel...who will vandalise public pipeline in Norway..
Re: Treasury Bills In Nigeria by awesomeJ(m): 1:44pm On Sep 23, 2020
ahiboilandgas:
very ..over 30 meter was installed in our area only 6 is working
Imagine!
Re: Treasury Bills In Nigeria by Nobody: 1:45pm On Sep 23, 2020
Dum20:
In Saudi Arabia, there are consequences for smuggling. Deterants are in place.

In Nigeria are there consequences for smuggling? Who is supposed to ensure there are consequences?

The young men hustling in alabal market and other markets, they young boys and girls working there asses off in banks and other countries, the farmers in their farms? Is it the young boys and girls in traffic selling gala? or young boys and girls in schools studying and hoping for a better future?

Who is responsible?

Dont castigate nigerians please
The big elephant in the room.

Who ensures rule's are followed?

Aibolah must answer this question
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:46pm On Sep 23, 2020
Nigsrdumb:
The big elephant in the room.

Who ensures rule's are followed?

Aibolah must answer this question
if Nigerians refineries are run by Chinese or Indians would it be working or not ?answer ...
Re: Treasury Bills In Nigeria by awesomeJ(m): 1:47pm On Sep 23, 2020
pluto09:
It is a desperate move for a desperate situation.
It is one of the signs of economic collapse.
Most of the countries that have gone that route tend to get worse.

Look out for yourself and yours, Nigeria as a nation will be difficult to remedy no matter how patriotic one is.
It has nothing to do with desperation, rather it's about addressing the core fundamentals.

in the end the FX market going forward will have more sanity.

Luring FPIs with 18% OMOs, that you can call desperation.
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:50pm On Sep 23, 2020
awesomeJ:
The point is if you think so poorly of the country, why do you keep living here and earning the currency. it should make more sense that you just relocate now. You like to stay in Nigeria and earn money in Nigeria but you don't want to keep it in Nigeria, that makes no sense. If it's dollars you're comfortable with, stop earning in naira too.

And what exactly would you do when the CBN says you can't transfer FX offshore.
What is that "what follows" you're referring to?
The bolded will lead to the collapse of the Nigerian monetary system

I remember how Greece started
And how they ended

Nigeria case will be the worst

Alternative channels that would be created will shock you grin grin


Addressing the root cause of this mess is the only solution

Cosmetic procedures and brute force will not cut it undecided
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:51pm On Sep 23, 2020
ahiboilandgas:
if Nigerians refineries are run by Chinese or Indians would it be working or not ?answer ...
It wont


Chinese and indians are corrupt in Nigeria

Because the system incentivise them to be corrupt

It's like you dont understand this thing undecided
Re: Treasury Bills In Nigeria by Mopolchi: 1:52pm On Sep 23, 2020
Is Buhari the root cause?
DexterousOne:
The bolded will lead to the collapse of the Nigerian monetary system

I remember how Greece started
And how they ended

Nigeria case will be the worst

Alternative channels that would be created will shock you grin grin


Addressing the root cause of this mess is the only solution

Cosmetic procedures and brute force will not cut it undecided
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:54pm On Sep 23, 2020
Mopolchi:
Is Buhari the root cause?
I wont say he is the root cause as such


But the wrong turns he took made it worse

And his refusal to listen, or address key issues
Re: Treasury Bills In Nigeria by awesomeJ(m): 1:56pm On Sep 23, 2020
NL1960:
From using the owners of the dollars i.e the Americans to do dollar money rituals. cool
This boss ehn...

I wonder how you think out these hilarious suggestions.
Re: Treasury Bills In Nigeria by Mopolchi: 1:58pm On Sep 23, 2020
DexterousOne:
I wont say he is the root cause as such


But the wrong turns he took made it worse

And his refusal to listen, or address key issues
This is it!
Re: Treasury Bills In Nigeria by XiaoLi: 1:59pm On Sep 23, 2020
It clearly shows that you are living in a country that works from the way you reason, i have always maintain that Nigerians are good people rather the government is the problem, when there are no consequences people will always be emboldened to do illegal things.
Dum20:
In Saudi Arabia, there are consequences for smuggling. Deterants are in place.

In Nigeria are there consequences for smuggling? Who is supposed to ensure there are consequences?

The young men hustling in alabal market and other markets, they young boys and girls working there asses off in banks and other countries, the farmers in their farms? Is it the young boys and girls in traffic selling gala? or young boys and girls in schools studying and hoping for a better future?

Who is responsible?

Dont castigate nigerians please
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:59pm On Sep 23, 2020
Mr emma said a developer told him for every 4 flats he builds he builds 1 for himself .....ok fine ....if he now he voted at executive position what happens he will turn to a saint .....
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:01pm On Sep 23, 2020
XiaoLi:
It clearly shows that you are living in a country that works from the way you reason, i have always maintain that Nigerians are good people rather the government is the problem, when there are no consequences people will always be emboldened to do illegal things.
This is precisely my point


When you create incentive for corruption

Corruption MUST THRIVE
Re: Treasury Bills In Nigeria by oluayebenz: 2:03pm On Sep 23, 2020
Dum20:
Please stop generalising things.

A Nigerian woman once headed NAFDAC and those people making and selling fake drugs were run out of business.

Did you put the right people to head these agencies? Are they being run properly?

But stop saying bad things about Nigerians.

I have said it before, Nigerians are one of the most hard working people in the world and they are honest. Provide them the right environment and they soar
The way they are soaring in UAE, USA and co grin
and getting us visa ban
Re: Treasury Bills In Nigeria by awesomeJ(m): 2:06pm On Sep 23, 2020
Dum20:
In Saudi Arabia, there are consequences for smuggling. Deterants are in place.

In Nigeria are there consequences for smuggling? Who is supposed to ensure there are consequences?

The young men hustling in alabal market and other markets, they young boys and girls working there asses off in banks and other countries, the farmers in their farms? Is it the young boys and girls in traffic selling gala? or young boys and girls in schools studying and hoping for a better future?

Who is responsible?

Dont castigate nigerians please
I agree with you on this. Why should anyone divert intervention funds worth billions into private use without consequence?

But it's not the Nigerian selling gala or excelling in sports that Ahib is talking about.

What he is saying is that there is a crop of nigerians who are the ones sabotaging the nation's progress. They're the ones making $20bn dissappear from NNPC, keeping $37m cash in Ikoyi, smuggling fuel and running subsidy cabal, etc

You can't say because there are Nigerians excelling in sports and academics, that these other folks he refers to aren't Nigerians.
Re: Treasury Bills In Nigeria by Nobody: 2:07pm On Sep 23, 2020
ahiboilandgas:
if Nigerians refineries are run by Chinese or Indians would it be working or not ?answer ...
Why do Nigerians follow rules in the diaspora?

Who ensures this happens?
Re: Treasury Bills In Nigeria by XiaoLi: 2:07pm On Sep 23, 2020
What is the consequence for those who bypass their meter? Like someone said here it is not the responsibility of that boy selling gala in the traffic to go after those who bypass their meter. In my country of residency bypassing or tampering with your meter attracts 7 years imprisonment without fine!
awesomeJ:
our folks don vex you!

people can just be really funny.

You bypass meter and still wonder why power is epileptic. Funny.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:08pm On Sep 23, 2020
[quote author=DexterousOne post=94223170]It wont


Chinese and indians are corrupt in Nigeria

Because the system incentivise them to be corrupt

It's like you dont understand this thing undecided[/quote so how come the state own refinary in India and China are working ....they are manned by Germans ]
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:10pm On Sep 23, 2020
XiaoLi:
What is the consequence for those why bypass their meter? Like someone said here it is not the responsibility of that boy selling gala in the traffic to go after those who bypass their meter. In my country of residency bypassing or tampering with your meter attracts 7 years imprisonment without fine!
the nepa offical are the once doing by pass for people for a fee ...then nepa offiials come for inspection if caught they will collect their share ....who wil enforce this Ghanaians abi.
Re: Treasury Bills In Nigeria by awesomeJ(m): 2:10pm On Sep 23, 2020
Dum20:
Please stop generalising things.

A Nigerian woman once headed NAFDAC and those people making and selling fake drugs were run out of business.

Did you put the right people to head these agencies? Are they being run properly?

But stop saying bad things about Nigerians.

I have said it before, Nigerians are one of the most hard working people in the world and they are honest. Provide them the right environment and they soar
I think you're making his point still. Why did the drug fakers thrive before late Dr Akunyili? There was a Nigerian heading Nafdac, and he/she did things the usual way, and the drug market was a mess.

Now Akunyili came as an exception and did things the right way, and there was sanity.

Your attack on his points would only be valid if he said all Nigerians are bad without any exceptions.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:13pm On Sep 23, 2020
Nigsrdumb:
Why do Nigerians follow rules in the diaspora?

Who ensures this happens?
.i really dont know if the follow rule with mass arrest of Nigerian drugs smugglers and ashawo in mass in several Nation ...but if they do they know if caught by the patrotic citizen of those countries u are gone but if caught by sar a Nigeria citizens by Birth is all about Benjamin
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:16pm On Sep 23, 2020
awesomeJ:
I think you're making his point still. Why did the drug fakers thrive before late Dr Akunyili? There was a Nigerian heading Nafdac, and he/she did things the usual way, and the drug market was a mess.

Now Akunyili came as an exception and did things the right way, and there was sanity.

Your attack on his points would only be valid if he said all Nigerians are bad without any exceptions.
according to senator Dino there more Nigeria waiting to steal than the ones currently stealing ...more than 50 percent of Nigerians have criminal mindset and looking for ever oppurnty
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:16pm On Sep 23, 2020
[quote author=ahiboilandgas post=94223639][/quote]That is because the system in their countries are more stringent


That's what you are missing

As long as it is in Nigeria here as it is today

Even British will fail


Ask Strive Masiyiwa and Richard Branson what they faced during their sojourn here

That will give you an idea
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:19pm On Sep 23, 2020
DexterousOne:
That is because the system in their countries are more stringent


That's what you are missing

As long as it is in Nigeria here as it is today

Even British will fail


Ask Strive Masiyiwa and Richard Branson what they faced during their sojourn here

That will give you an idea
is not the country but the people....same law with 200 million brits in Nigeria progress will be made while 200 million Nigerians with stringent law in uk will mess up everthing within 6 months .....the best president in the world cannot transform Nigeria with Nigerians behaviour of snake swallow 36m
Re: Treasury Bills In Nigeria by Nobody: 2:20pm On Sep 23, 2020
ahiboilandgas:
.i really dont know if the follow rule with mass arrest of Nigerian drugs smugglers and ashawo in mass in several Nation ...but if they do they know if caught by the patrotic citizen of those countries u are gone but if caught by sar a Nigeria citizens by Birth is all about Benjamin
Well the answer is simple.

They use data to control people.

Essentially the Nigerian government is not ready yet.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:22pm On Sep 23, 2020
Nigsrdumb:
Well the answer is simple.

They use data to control people.

Essentially the Nigerian government is not ready yet.
who looted the 200m euro for national identity in 2002 Nigerian abi german
Re: Treasury Bills In Nigeria by awesomeJ(m): 2:25pm On Sep 23, 2020
DexterousOne:
The bolded will lead to the collapse of the Nigerian monetary system

I remember how Greece started
And how they ended

Nigeria case will be the worst

Alternative channels that would be created will shock you grin grin


Addressing the root cause of this mess is the only solution

Cosmetic procedures and brute force will not cut it undecided
I don't think the system would collapse though.

People who would hoard their dollars at home or ship them abroad are thesame ones that are currently holding them idly in Dom accounts. So net difference is near zero.

However there's ba good chance that a number of them would not be comfortable with those options of keeping millions at home or smuggling cash out, so they'll just give up.
Re: Treasury Bills In Nigeria by XiaoLi: 2:26pm On Sep 23, 2020
That is where the government comes in, in a country that works nobody is ever bigger than the government..it is only in a country like Nigeria you will hear this kind of stories and excuses why the person that bypass his meter and the accomplice cannot be tamed due to government failure.
ahiboilandgas:
the nepa offical are the once doing by pass for people for a fee ...then nepa offiials come for inspection if caught they will collect their share ....who wil enforce this Ghanaians abi.
Re: Treasury Bills In Nigeria by awesomeJ(m): 2:29pm On Sep 23, 2020
DexterousOne:
I wont say he is the root cause as such


But the wrong turns he took made it worse

And his refusal to listen, or address key issues
What that wrong turn? -i'm asking as wanting to know.

I don't like blame games, but i think the reserves at 2014 should have been over $100bn if previous governmentS had handled our FX resources well enough.
Re: Treasury Bills In Nigeria by XiaoLi:
What was the consequence after be looted the money, give Norwegians, Americans, Brits the same soft hand they will do more than that. This people are not better people than just that their government is putting everybody in check and making sure there is consequence ..that is why their country is working.
ahiboilandgas:
who looted the 200m euro for national identity in 2002 Nigerian abi german
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:32pm On Sep 23, 2020
awesomeJ:
What that wrong turn? -i'm asking as wanting to know.

I don't like blame games, but i think the reserves at 2014 should have been over $100bn if previous governmentS had handled our FX resources well enough.
Huhhuhhuh

I have nothing to say to you on this, if I have to spell out the wrong turn undecided
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