₦airaland Forum

TruthsFM:
I’m not fighting for Peter Obi here, I’m only dragging the clueless attention seeker Isaac Fayose for splitting lies and propaganda against Peter obi. In this generation, lies and propaganda doesn’t hold any water again.

And you think Peter Obi needs you to fight for himself yeye

when you are busy fighting for Peter Obi who will fight for you, between you and Peter obi who needs a knight .. dey play

Agboriotejoye:
There is illegality. Go and read PIA to know what is different from what. You are reducing legal matters to your own street idea of muhammad and mountain.
This is just like your school designating a certain account with a bank for payment of fees and you decide to pay into another account claiming muhammed and mountain.
And how do you know FIRS and Custom are complying? Nobody focuses on them because their remittance is in naira not dollars.

IF there is illegality please go to court,

CBN is the Designated account for Nigeria revenue, crude oil is Nigeria revenue not NNPC revenue,

IF customs and FiR are not remitting it would have made headlines same way NNPC are always in the News for not remitting.
Stop arguing what you don't know,



https://punchng.com/customs-generate-n3-21trn-in-2023-targets-n5-08-trn-in-2024/

Agboriotejoye:
Seems you missed my first comment. You cannot cure illegality with illegality.
It is this dysfunctionality that later breeds corruption. Unfortunately, you and I will not hear about it until the heist has been completed.
You seem not to understand the difference. Was NNPC not remitting proceeds to CBN before?
What the directive implies from my understanding of it is that CBN will be directly involved in crude sales while NNPC will just be like a logistics and supplies arm. That is clearly and totally illegal. Besides, who then holds CBN responsible they do not also mismanage the funds?
Also, have you considered the effect of the new directive on NNPC's operational efficiency? NNPC will basically live off the good graces of the CBN in its operations. How does that make NNPC more efficient?
We once had something like that under Buhari. The Health Ministry was denied its own budget and was seconded to the Agric ministry to access its funds. Go and check what became of the Health ministry then!
As for your claim on CBN financing the economy, CBN finances the economy from the revenues it gets from revenue generating agencies like FIRS, NNPC, Customs etc. Is Tinubu by any luck saying only NNPC is corrupt and inefficient while the others are doing marvelously well?
So, if you support the move, maybe CBN should also collect taxes and import duties directly instead of waiting for remittance from FIRS and Customs.
So my point is CBN is not even legally and professionally equipped to handle this request. I see it as favoritism. The President's men run CBN so they are now making NNPC which is being run by Kyari a Buhari man to be an appendage of CBN. It bodes no good as far as I can see.

You not reading my words according to there meaning, there is no illegality as far as CBN is concern.

If MR A is suppose to bring money to MR B house and he keeps failing there is no illegatilty if MR B decides to be at MR A house to pick up the funds himself

These is a case of, IF Mohammed won't go to the Mountain then the mountain will come to Mohammed .. no illegality understand that 1st.

Stop using head knowledge there are frameworks in place, CBN don't have the framework to transact with client directly buh they have unlimited access to recieve sales proceed directly from crude buyers.
Make your order with NNPC and present quota at CBN and deposit .. we do these things during school registration naw
There are many times my vet will help me pick dog and sell to his client and his clients pay to me directly without seeing me, the good thing is it fosters credibility and transperency


CBN don't need to collect taxes from FIRS or Custom cos they are complying already, if a brigde is good you don't have to close it

TruthsFM:
they see that Peter Obi has outshine them niiii. They are just propagating lies and propaganda in order for them to seek public attention niiii. They are just clueless attention seekers niii.

That Peter oBi is your priority & concern shows why the country is retrogressing, dollar is outshining Naira daily that one no pain you.

you leave matter affecting your relatives and i, dey fight over Peter Obi, i hope it ease your cost of living and put food on the table

paramakina202:
So why single out Peter Obiis he the only dollars account holder in Nigeria?
Does Tinubu and all his Lagos gang in Aso Rock not have dollar account?
Only a mörön like Fayose will accuse any living person of having a trillion dollars in his account and if you takes him serious I am sorry you maybe a möörön too.

He mention Obi, and at the same time indicted himself, moreover he mentioned ex & governors which includes his brother

Like i said, he exaggerated @ the 1trillion part, buh that doesnt mean he made some sense in some part, Why will people be saving up in dollar in a Naira economy

I support all private domiciliary account in Nigeria should be reverted back to naira by veto power, we need to start taking drastic measures, awoof FX difference don enter everybody eye such that stakeholders are no longer productive driven

ZaddyJ:
Stop talking like an enemy of progress I am married to an American woman we both own a joint account of dom account so re you saying they should seize our hard earn money ?
We were in Kenya for the safari and NYE in dec/ jan everything they charge us after getting goods and services ( especially the art shop) we will be quoted in dollars by the local yet this does not stop their shillings from moving further and or higher than naira.
At the BDC a shilling is #4.5 meaning every 1000 kenya shillings gets you #4500 .
So why target people's hard earn income ?

Even if you are married to an American why would you need to own a domiciliary account in Nigeria ... Naira is the legal tender in Nigeria and there is nothing you want to buy within Nigeria that Naira doesnt cover citing kenya is immaterial cos people are different and every Nation has its peculiar problem that require customized solutions in accordance

In the states, did your America wife open a Naira account, even if you argue she doesnt earn in Naira, Oga you no dey dash your wife money why not credit her naira account but you know its pointless and outrightly unprofitable lets stop fooling ourselves. we elites are also problem of these country

You and America wife can have a joint dollar account restrain to US bank and it won't affect your stay in Nigeria .. before now int'l and local banks serve as intermediary to do the transfer & conversion on order.

Oga remove the awoof profit and most of you won't be so passionate & keen to have a domicilairy account in Nigeria

valentineuwakwe:
I dont know what this giy is trying to play out...is he trying to be popular or get attention from the nigerian public or government? Whu would government seize citizens funds in there dollar accounts or you think its only Nigerians that own dollars in there dom acct here.....
The govt knows what to do to save the naira from its free falls not all this smell smell this guy is talking here!

Is it not the govt perogative to save Lifes, properties and even the economy, we entrust our votes and picked the president to do whats best for the nation convenient or not.

The current dollar rate, depict desperate time requires desperate measure ... in a sane clime why will a Naira economy will be so obessed with dollar, it only in Nigeria our currency depends on dollar to appear in the News

Nigerians are greed and most unpatriotic people alive, the Military govt manage the Naira better becos they speak to Nigerians in the only language we understand ... To save the Naira some dexter act must be taken

paramakina202:
Peter Obi does not respond to attention seekers.
Do you know what trillion dollars is?
Even US banks dont have such money.

I think he exaggerated way much but that doesnt discredit his recommendation .... asides Peter Obi he made recommendations why cant we analyse that

How can people be opening dollar account for savings in a Naira economy

TruthsFM:
the clueless clown Isaac fayose the clueless junior brother of Ex governor Ayo Fayose no see money to spend lavishly again. Tinubu government don spoiled their business of looting. Instead of this clueless clown, liar and propagandist to show his frustration on tinubu and his team in government, he’s looking for public attention to start attacking Peter Obi. PO should reply him and his failed senior brother Ayo Fayose. This clueless liar never condemned the bad economic policies of Tinubu government. It’s the opposition party and its presidential candidate he’s attacking. Let obidients deal with you online and offline, you will hate yourself. No free money from Ayodele Fayose. Ayo Fayose don broke. Radarada no one should take this clown serious

How is calling on Tinubu to seize domicilary account an attack on Peter Obi, is Obi the only one with domiciliary account, isaac also ask Tinubu to go after his brother, governor and even himself if found wanted ... so why make these about Peter OBi

Agboriotejoye:
The point he's making is the illegality and unworkability of that directive. I actually thought it was fake news when I first saw it.
By the laws creating CBN, its job is to manage the money space of Nigeria. It is not a commodity trading establishment.
By the law creating NNPCL, it is a trading company. So it is CBN is totally not equipped to trade commodities.
Now if you say because NNPCL is corrupt, you want to hand over a critical part of their work to CBN, has CBN proven to be of better behaviour than NNPCL in the first place? Or is it not same CBN that incurred 27trn debt on behalf of Nigeria with no accountability whatsoever under Buhari? Is it not same CBN that has mismanaged or foreign reserves as well as our local currency?
How is CBN a better entity to manage crude sales than NNPCL? Does CBN have the operational competence and structure to carry the job out more effectively than NNPCL?
Atiku proposed bringing in NEITI to be an ombudsman for NNPCL upstream operations. It is a pity most of you don't know what NEITI is which is why you're all making bogus allegations that Atiku is benefitting from NNPC's corruption.
Another proposal he made is for CBN to have a representativeon NNPCL's board to vet NNPCL's books though I don't know how effective that will be.
But if Tinubu is really serious, engaging neiti and enabling them to vet NNPCL's operations is a far better scenario than CBN vetting oil sales that they know next to nothing about.

NNPC not following provision to remit proceeds to designated account is "illegality", intransparency, and unaccountability are all illegality itself.
Time and overtime Provisions are amended as deemed fit, the fact that CBN is by default the designated account for NNPC makes the directive "Feasible" if enforced

Now don't get it twisted, the fact that the directives stipulate CBN will handle sales does not mean CBN will be the one hawking crude oil or vendor

NNPC will carry on with the trading but all payment must be redirected to CBN designated account, if cbn start collecting directly what NNpc should remit nothing changes, infact the directive shortens the process & makes it more traceable, that is good news to concerned citizens.

IF you undestand CBN function you won't even ask How CBN is better to handle crude sales Oga CBN finances the economy/BUdget that is why all revenues are designated to CBN account, while NNPC role end at sales, asides mgt &operational cost related to NNPC.
Incase you still don't understand, Nigeria finances itself with crude oil proceed, CBN by provision finances the budget/FG/economy ... so how can NNPC be better where it has no jurisdiction think

The utmost auditor in the federal of Nigeria is the CBN if you can understand that then you will know no body audit better than Cbn

LeftAlone:
Thank you so much senior man. You are a genius. Your explanation opened my eyes to many things.
But here is my concern why I haven't said anything yet.

What if I finally spill the beans and the two of them be like;they want to fight for their love, each wanting to claim the girl for himself.
This will lead to enmity between them, and they'd turn me into an enemy as well.

Bro i can see you feel so obligated, buh everything in life requires wisdom, you must take into cognisance people in love are the most difficult to advice, rescue or save from themselves

Life and experience has taught me that its only better when the blind recieve there sight without anyone trying to force there eye open, so what you have to do is stage a "coincident meeting"
Tell your uncle you will like to hang out with him and his new found love in a bar or lounge to celebrate life & love, women love hangout, then make sure to bring your friend along, from there let them sort themselves out.

Love matter difficult to shook mouth, ogbon lo gba

Agboriotejoye:
It is pitiable the iq of Nigerian youths.
I read through fp and it was all filled with insults for Atiku who raised germane points. Instead of them to counter the points, they rained insults and invective on Atiku.
I already said it. Those clowns on fp need to understand that apart from the fact that it's unworkable, it is illegal. You can't use illegality to cure illegality. It will only breed a bigger form of corruption.
This is how Buhari hounded judges and they hailed him. Today our judiciary has become an appendage of the executive such that those who want favorable judgements simply approach Aso Villa.
This is same way they hailed Buhari when he started messing with CBN. Today they all want Emefiele to hang.
Nigerian youths need to engage their brains better!!

What is germane about the point Atiku raised, for years NNPC as failed to remit funds to CBN as enacted, all directives to enforce cooperative as failed why waste more time

IF by provision NNPC is compelled to remit proceeds to CBN, what makes it wrong if CBN takes over the whole process, as a concern citizen the most important thing is sales are made are remmitted to the final account

Yorubas adage says, ka lo idí mö aso abi ka ló aso mo idi .. kii idi ma sha ti gbofo i.e whether you rope your ass around a wrapper or vice versa make yansh sha no dey nake,

pocohantas:
Please go ahead. 500k for you to expose my ass. I dare you with your kids.

these one you are shouting 500k why not add it to our useful brother japa gofundme i am broke but he needs it more

pocohantas:
I can't make sense to you. You don't have the mental capacity to process sense. You should be ashamed of yourself. How is your wife and kids? Are they aware what you are doing online and have they eaten tonight?

This, fine boy?
Dude please stick to your level.

who keeps a random dude picture for years anyways i once had kim kardashian picture highly saved on my phone

You know i can't expose your ass without leaving the thong on ... stop pushing ur luck

pocohantas:
Just like you posted picture of your food and 45inches TV? Lmao! Don't worry, I see them but I am not impressed. Nah, I can't try to steal something like you. I have no interest in married men. And definitely not the struggling ones like you. Feed your wife and kids properly first.

How is posting picture on a thread directed at you, jokes apart you rarely make sense when its that time of the month ...

i was really ashame fr yu @ that time, just dey do like say yu never see fine boy before

pocohantas:
They were pictures you posted yourself. You are not striking enough for anyone to look for your picture, Femi.

The question that you should answer is, what were you hoping to achieve by posting those Tier28 pictures? You actually thought they are impressive and would make me rate you hah?

Try harder.

according to hearsay & findings you went into kayperry profile to get the picture out .. without is permission, of all your problem o tun ni kleptomaniac

How is someone picture hanging in their profile directed at impressing you ... aunty let it make sense

Pecoleee345:
Old hag it was years back when I saw his pics on your profile.

I know your life is miserable that why you have luxury time to be posting trolls pic on your profile.

Which sane human go looking for troll pics......dumbo.

I will expose you very soon.

Please pocohantas answer that or should i help

the underlined made my crossover chinese we say finish la

pocohantas:
Pheeew! Don't smash your phone sha.

You will be fine, bro.

So you fit gentle, lmao all night

cococandy:
Imagine if he were dating a black prostitute. Won’t his fellow dudes call him SIMP. They always accept things white women that they can’t even tolerate from black women

As if we don't see men dating or marrying prostitute, was lil kim not a prostitute, cardi B , blac chyna are they not with partners that respect them and who dares call offset a simp

I expect you of all people to know among the black race in America prostitution & prison are street credibility.

pocohantas:
When they claim #TeamForeignGirls, you would think they are dating the doctors and auditors.

But it is always the foreign girls with drug problems, mental issues or unhinged sexual fetishes. Imagine dating OnlyFans model and bashing black women for that all his life. You think her parents would watch her go to jail because she killed a negro? Dey play!

Any black woman that hits the streets for this guy should be ostracized from the sisterhood. He denigrated black women all his life. White women should carry placards and fight for his justice. White women love black men more than us. So we hand this case over to them.




If you like, cry the whole Atlantic Ocean. The guy was a proud member of #BlackWomenAreUseless. I didn't make it up. He was popular on TikTok/Twitter for insulting black women. Black women marry white men and are focused on showing us how they raise a mixed family. But when you baldheaded black men marry white women, you run to social media platforms to start dissing your women and showing us how you cooked jollof and okra soup for her.

The chances of dating a black isn't slim in the US. US is not Pakistan. Not like I have any issue with him dating any colour.

Yes, at this point he would realise he is just a negro TO THEM. How many beloved, kindhearted, submissive and non-materialistic white women have spoken up on this?

NTOOR!!!

And who says foreign women with professional career as doctors and auditor don't or can't do drugs ... i never knew having a professional career annihilate mental issues or sexual fetish numbers of fetish freaks in the white house go shock you
Whether he killed a negro, caucasian or alsatian .. parent will always be parent (i.e protective) try born one 1st

Mastorebait all yu want but there justice system is not dependant on protest, no one send any sisterhood errand, as if they ever did

White men are often considered as "simp" "sissy" or wimp, a black woman knows better not to parade such Man as trophy within the black society, even among the sisterhood the believe is white men are less endowed and boring in bed. when cuppy paraded her white boyfriend did you see envy, but let her post anthony joshua or kunle remi

From the white race the woman is the "value" and in the black race a man is the "Value" ... so why shouldnt it be an exhibition when these two mix someone is just jealous o tan

RepoMan007:
why should you shut down just because some people said you are responsible?

I suspect the closing of gap between the official and black market rate has killed the business of their collaborators round tripping CBN dollars.

Don't mind dem they think we are all fools, the gap is not profitable so they shutdown .... all these yle the gap was #400 the BDC operators had no sympathy to shut down but when the difference is close they found jesus

Coolestguy2023:
This is beautiful. All those BDC should be faced out. They are causing more harm than good to our currency.

Reading through the comments, i can see that most people on this platform are dumb and senseless. They know absolutely nothing.
The people killing our economy are gradually been phased out and these dumb people are insulting the president. They don't even know there left from there right

If the people don't know, can the govt claims they don't know the problem killing our economy

2022 primaries was it not dollars that were shared to delegates, do our politicians not prefer to go about with dollars

Govt know the problem but they feign ignorance cos they are major beneficiaries of Nigeria problem, Tinubu deserves all the insult he get cos he is intentionally feigning cluelessness

Ablesam171:
That was how one olodo came out to tell us that ₦1,400 you can eat two raps of eba with kpomo and meat as if Nigeria minimum wage can afford you to eat ₦1,400 everyday. Wether you like it or not, US dollars plays a vital role in our economy and lives as Nigerians.

Dollar plays a vital role in our economy becos we all made it so, everyone is to be blamed

As i speak with you a lot of Nigerians are now scrambling for dollar to hoard and sell to make quick gain thats is the lastest update in town.

We can do without dollar, once upon a time we did

samtoles:
And them shutting down today has strengthened the Naira a little. It was 1520 yesterday and now 1400 this morning. Let's see if it keeps going down before the close of business today.

So its looking like they actually contribute to the hike.

Don't mind those rogues, BDC operator and beneficiary of FX window are the culprits behind the recent Naira free fall

They shutdown today becos the official window and the black market are on par .. trading today won't yield the kind of profit they enjoy

At these point Govt should pause the Official Fx window, let everybody go n source dollar from where ever since we are dollar crazy in Nigeria. we are our own problem

even garri seller is using dollar to justify increment in price

emkz:
I agree with your point. But resetting the whole system would require a dictator because the problem has been engrained deep into the blood of the society. One thing we can do as a government is make these things difficult. For example, why do politicians even have easy access to public funds? If you are paid to do a contract and you don't do it, we seize your assets and send you to prison.

Look at the recent explosions in Oyo State. No one has been arrested and 5 people died. Look at oil theft, not one oil thief has been jailed. Look at EFCC, they claimed a church was a conduit for money laundering and terrorism, yet cannot mention the name of the church.

We cannot run a society like this. Our leaders know what to do, but they have their hands too deep in the dirt to be able to address the issues.

You nailed it, God help us

emkz:
Na our people take our hand spoil country.

We use the dollars as if we print it. What we should be discussing and putting pressure on the government are cost of food items, transport and hardship. But to me, the most important commodity in Nigeria is dollars. Whi swear for us?

Even if we put so much pressure on the govt, the buck does not end at there table, the reality is that inside and outside the govt there are too many saboteurs,
As For cost of food, insecurity is one major challenge, if farmers can farm freely there we be abundance normally that should drive down the price of food items

I think we need to pause, maybe reset the whole system sef, cos there are too many lacuna in the present system saboteurs are so accustomed to and exploring freely

Govt need to carry us go where we no know, cos conventional theories won't work on Nigerians cos we love fast money

sukkot:
My people I am tired of this fake lekki life. I Dey move go alapere ketu go rest. This fake lekki life has wound my bank akant but that’s not even the problem. The problem is that the food no Dey ever sweet. The food is always overpriced and rubbish. Tastes like something an amateur cooked. Anyway this particular one which is waffles and chicken is from a joint . Total is 7500. 2 chickens waffle and Fanta . Total waste. Taste bland and dry and tedious . I think I am officially done eating out. It’s official. Am done

thats one truth i have realized even before i know my gender , foods that chokes the whole house with aroma, well package and served on gucci plate, with ring light hovering for photo-seen-thesis no dey sweet, it usually ends in disappointment

will always have my reservations about pocohantas in the k. thread

emkz:
May God bless you too.

Giving people dollars has never made sense to me. Since our people abuse it, make it scarce. You are travelling outside the country? I'd send the money to Travelex and give you a code. Use the code to collect your BTA at ay Travelex kiosk when you get to where you are going.

It wasnt really a problem until Nigerians eye were open to the difference between official fx and black market,
Naira present free fall stems from the two market difference, people are majorly collecting Fx at official rate to trade and amass wealth not really for productivity

If Govt can find a legal means to wean Nigerians off Dollar it will go a long way to solve Naira free fall

Nazgul:
Jonathan's government wasn't as bad as this, yet thousands hit the streets to protest thus forcing the government to reverse subsidy removal.

Today some people's salaries isn't even enough to transport them to work for 30 working days, yet they prefer to suffer in silence. Even our Police officers who wouldn't hesitate to teargas protests are even worse. Most of them can't even boast of 20k lying idle in their account.

As long as we remain silent, things would continue to get worse, the only language this government understands is violence. ASUU understood this that's why they were able to even get some of their demands met as compared to other federal government parastatls.

Since you people have decided not to move on from the Jonathan era, lets talk about it

The protest that rocked GEJ administration was championed by notable personality in the opposition, we saw buhari and host of others lead Nigerians into a protest with there full chest

For every Emancipation movement there must be an administrator, Nigerians are presently hanicap & silent cos those that are supposed to lead us into emancipation/protest don't even have the balls and doggedness, if govt bought NLC what about opposition

Is it tew much if we see Peter Obi, Atiku take to the street to protest ... will people follow or not

emkz:
Why do we even trade dollars in the streets like we trade beans?

Foreign exchange is a security document and the flow must be controlled to avoid it being used to launder money.

In Nigeria, the poor spends naira and rich men spend dollars. Politicians mostly spend dollars. By the dollars going high, it affects all of us because we are an import-based nation.

How do we stem the tide?

Every importer who wants to import should approach the banks who'd give them letters of credit, collect naira and pay the seller in forex through their correspondent bank. The practice of putting dollars in the hands of people who claim to want to import must stop.

If anyone is travelling, he must approach a bank to get BTA and he must be receipted. At the airport, he must present the receipt to customs and evidence of the cash. If he doesn't have the cash, he must be arrested, tried and jailed. Wicked people use travellers to buy BTA at government rates and resell to the black market. If this practice is not functional, give them pre-loaded debit cards by going into partnership with companies like Travelex and Transferwise or Revolut or Remitly and pay them directly so that beneficiaries can collect their cash when they get to the countries of destination.

Also the practice of CBN chiefs selling dollars directly to Nigerians to resell at exorbitant rates must stop. If you are within Nigeria, you have no business handling dollars.

Then all banks must stop the practice of opening domiciliary accounts for Nigerians in Nigeria. They can sell debit cards in naira and charge the prevailing exchange rate for international transactions like e-commerce. This used to be the practice. I wonder who stopped it.

Then the government must look into the mining sector from exploration to extraction, refining and export of minerals like lithium, gold, tin, steel, coal, phosphate and gas. The Chinese must be prevented from mining practices of our minerals and Rosewood trees. Minerals are security assets and must be protected the way we protect our private parts. Foreigners must not be allowed in for now, especially with the way oil exploration has failed our people when handled by foreign companies. You can employ foreigners to train your own people but do not allow them bring their expertise and funds to extract a security asset. They'd never use it to your advantage.

I support the hike in dollar rate. I also applaud the scarcity of dollars. It should be scarce. Only government should have it and those who absolutely need it for business outside the country. If you are within the country, USE NAIRA.

God bless you, the just yesteday that idea struck my mind in patches and i was trying to put it into perspective, the practice of putting Dollar into puts hands as being over abused already, @ solutions you've said it all

Most of those who have access to official rate connive with the bank to over-estimate there quota, were they need $20 they claim its $100, that $80 difference is diverted to black market for yeast profit

soft werk

joseph1832:
Lol. Actually in my locale, I can eat 2 wraps of Fufu for 400 Naira, 2 piece of meat for 400 Naira. Pure water is free. So I'll still have some change left.

Except you want to decieve yourself that cannot belleful you

samwash:
Waytin this one dey talk self.
Waytin we dey actually produce for this country?
Nor be fuel I go put for my car to go farm.
Nor be imported chemicals I go take run my farm?
Just tell me the local content I go take run my day to day activities for this country?
Everything still boils down to the exchange rate.
Infact we suppose dey use the USD as our legal tender.

Maybe you are not into the amala and ponmo but the dollarization of our economy he mention is true

There is nothing you need to run your farm day 2 day [b][/b]that we don't have the capacity/potential to produce if we are intentional about it

You must be in the south, naa for south farmer sef wan ride mercedes and use iphone 15, go to the North you see farmers cultivating hectares of land and improvising with local items