₦airaland Forum

od501:
So...how come the thing keeps increasing?

Because we have no economic direction/ policy. Let government limit importation to machines and raw materials for indusrtries exclusively for a period of 5 years and watch what happens.

007s:
Nigerians can be so opinionated.

CBN ban sales of forex to BDCs because they've become conduit for fraud, money laundering, and also because of the arbitrage trading most of them engage in.
A BDC would get $20,000 at CBN rate of 410 naira and would sell in bulk to existing offtakers at around 490 naira, making almost N2,000,000 per week without breaking a sweat, while indirectly sending price of goods and inflation rate high.
Banning forex sales to BDC is a welcome development, CBN should only perfect this policy by increasing volume of forex available to Banks, such that forex easily accessible via banking platforms

Spot on. In addition, I think all BDCs licenses should be withdrawn and let there be a single rate. You cant be having different rates for a value what is happening to the dollar can be likened to whats happening to petrol subsidy. Things like these encourages sabotage.

Grgton:
CBN should focus on effective economic policies.. . .

Banning or restricting cryto or other digital currencies in the economy, is never the problem of persistent depreciation of the naira again dollar .

Exactly. What affects the naira to dollar is a simple element of demand and supply as many nigerins already knew there are so much pressure on the dollar they will rather invest in crypto or gold and now that they decided to outlaw crypto many people find it safe to keep their money in dollars hence adding more pressure on the already pressurized dollar.

Urbanchampion:
Fictional!

It could be fictional but i know a woman like that. The only differentiating factor in the stories is that the woman i knew of is a muslim.

Fraud everywhere, even in the report " 20,000,000 barrel of crude is worth N450 million" instead of N450 billion.

tidalstorm:
It still will not work, government don see our exchange rate? Wey inflation don affect everything.
If not for food getting expensive, eggs no suppose dey expensive.

Govt without foresight is that a govt? Govt that does not know doing that will be adding pressure on the already pressurized reserve.. Mumu govt.

Noted

Naija.

Trust nigerian police at your own peril. I stopped taking them serious.

hardbody:
It is good to build but i may never use it. I haven't travelled to the east by the road in the past at least 7 years, and I have no plans of doing that again. Ever.

I hope it works for the rest of my brothers tied to me from the eastern states. We shall overcome, by and by.

Saw that you tried mailing me you can reach me on hayshires@gmail.com or 09023six71200

Nozino:
Seems you aren’t ready for business or you are new to the business.


You’re making adverts everywhere without uploading pics? Really bros?

Modified

hardbody:
Chidinma inclusive in the package?

Lol. Abeg no bring chidinma come o

Somto007:
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I messaged you

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Here's a possible advise for you.
Ensure you safe 30k monthly for as much as 10 months to make 300k with that start a small business that can give you at least 3k daily and have your sister manage it while you supervise at your free times.
That way your monthy revenue is increased.

You call this "parade in the desert" formation on duty?

stanluiz:
So okada rider now possess Gun and fire arms. Okada riders are now one that kill policemen and attack police station. That means they are not innocent. They are UGm.

Dont be naive, as much as yiu think those people are guilty they can be innocent. There's nothing sane about them if i become the president today my first executive order will be to dissolve the entire NPF, they are bunch of "extortionists".

GeorgeTheCoder:
That's how a criminal would have become IG

Fuuny. That's actually one of the criteria to become an IG..

Very easy just multiply everything by 4 there lies your new cost.

Over the years getting a job has proven to be overtly rated. If im to advise a career path now it will be a career in quantity survey.

chigbo25:
U should have watched the video. How they passed that bill. The idiot. Just said if u are against the say nillll and if u for the bill they yeee. And he immediately say the yeee have it. Like wtf.

Pls share a link to the video here i take God beg youor possibly create a topic of it.

That actually has being my worries. Its only an indication to the fact that they are only there for there selfish intereat nothing more if we have 51 southern senators we ordinarilly have won the interest of some north central senators but no they wont have that i wish its possible to just call them all back.

How i wish vp could be the next but i prefer someone from SE most likely a technocrat like maduka or moghalu.

This is another level

Ikea81:
To have killed this man means they would have killed ighoho if they found him. Also means they planned killing MNK when they visited his house in same style. The man therefore had a good case on why he escaped and jumped bail

Vast thinker. Nigeria is already at war.

Joke of a country Oga o.

I call it true allegiance.

The Zamfara State Deputy Governor, Barrister Mahadi Aliyu, has said that the defection of his principal, Governor Bello Matawalle to the All Progressives Congress (APC) will not affect their working relationship.
Aliyu said this during a press conference, insisting that he will remain in the People’s Democratic Party (PDP), which he joined in 1999. He vowed to remain there as he and his father had passed through a lot as members of the party.
“My impeachment is tasking and since Allah has brought me to this position how is this possible for someone to impeach me?” he queried.
The Deputy Governor said the circumstance that brought the present government, which is the Supreme Court verdict, is a clear indication that all that is required of those in the government is to thank God almighty for the honor and remain in the PDP.
“The last assignment he gave me was to represent him in Uyo for the PDP Governors Forum and from there we moved to Calabar and returned together with the Sokoto State Governor,” he said.
On whether the Governor had consulted him before his defection, Aliyu said neither the Governor, himself nor any of his associates consulted.
“I had been hearing of the plan defection just like you and when the rumour became pronounced people especially journalists have been calling to make inquiries if I am defecting together with the Governor but I told them I am not aware not until the 29th of June 2021 around 6:00 when the Governor finally defected to the APC,” he said.
He explained that to work with an APC Governor in a similar scenario had happened in Nigeria where a Governor and his Deputy worked under a different political umbrella and most of the time they finished their tenure together.
“The mandate I signed with the people of Zamfara is to work as Deputy Governor for four years and I am hopeful that the Governor would see reasons why he should allow us to finish our first mandate of four years,” Aliyu said.
On the possibility of dragging the Governor to court, the Deputy Governor said “it is the responsibility of the PDP national Chairman of the party, Mr. Uche Secondus to see to the possibility of securing the stolen mandate of Zamfara State back to the PDP.”
He noted that the task ahead of him is to see how he was going to work to assist Zamfara people, and he assured that he will do everything possible to discharge his new mandate as the PDP leader in the state.

They knew we are mumu. This singular act is enough to cause tension capable of fragmenting this country.

And is that really a basis of your arguement? Then bring fiesel price down nah. Nonsense ingredient.

TheSupleemLeada:
Shameless that even a northern group is speaking better than the coward Ohanieze.

True as it seems, but i think their imaginary crude they alledgedlly found is the reason they are speaking up.