NewStats: 3,259,839 , 8,170,952 topics. Date: Monday, 26 May 2025 at 05:49 AM 3kt3s

FreeStuffsNG:
Seems most people commenting did not read to understand that he is giving the true reality on ground and giving an intellectual angle for this unusual scenario. For example, few days ago, a Nairalander bought eggs, plantain, carrots, vegetables etc yet he spent barely N1000 or less than N1000,
https://nairaland.unblockandhide.com/6755350/see-foodstuffs-bought-950-naira
that same quantity of food in US cost way more than $1.50 so it means locally the purchasing power of the naira is still strong .

The man just raised an intellectual poser and it is the reality that require more research.

My guess is that the intervention by CBN in agriculture really helped and the pressure on the naira could be because of speculators, cryptocurrency and rationing of forex by CBN.

I appreciate Punch for dropping their bigotry and hatred against PMB and for being honest enough to report such a fresh perspective on the forex and naira value issue.

How balanced is the prof.'s perspective on the true picture of the value of Naira both internally and externally?

On a scale of 10, what will you rate him?

TGM2015:

The rule says, return the PTA. PTA is travel allowance, if you are not travelling again, you are expected to return the allowance. You can always get it next time you will be travelling.

Just like the rule says anybody that sprays money at functions will be jailed and alas Buhari's son is now in Kuje prison.

Nigerians are the most interesting people on earth. Wake up man!

uptimum123:




You lots need to wake up from slumber

It is you that needs to stop leing to yourself. Even the narrator of the story left so many clues for you to know he's telling lies. He just have to sound politically right for people like you to believe.

gregbali:


Repurchase the allocation and reapply when you are ready to travel.

Apart from Terrorism which we do not have the facts, those buying from BDCs are mostly into importation of banned items.

Okay nau...

Trentee4eva:

You can return the PTA to the bank and collect your naira back since you are no longer travelling.

Even Emefiele himself will not return PTA to the bank. He will keep it for his next travel.

Faiththatworks:
Mr Emefiele should do the needful and declare bureau d change as an illegal business. Anyone buying or selling forex outside the banks should be treated as a criminal.
To all.those who have made their mind to always criticize Me Emefiele can you please allow the man breathe.
This crazy parallel illegality was established by Gen Babaginda to siphon money out of Nigeria,and closing it down will take some time and balls from any CBN governor.
We all need to the CBN governor as he cleans the Agusean stable. Currency speculation,Currency trading must be declared an economic crime and anyone caught doing it must be sent to jail.
The CBN governor declared only banks will sell forex in Nigeria some months ago and the heavens didn't fall,even to my suprise,Gen Buhari didn't reverse the decision,that shows the Governor was right in his decision.
For those who are trying to beat the system by using illegal visas to purchase forex,Mr Emefiele must force the embassies to open an hotline where the banks can confirm people's visa before selling forex,anyone caught using fake visas to buy forex should be treated as a scapegoat,and charged with currency speculation and fraud.
God bless Nigeria.

What about having a genuine visa and there's a decision to not travel after obtaining PTA from the bank?

Now they're fighting terrorism.... LoL.

I guess b'cuz terrorist use bike too Nigeria should ban importation of bike into the country. Also, Boko Haram and bandits use mobile phones, we should also ban use and sales of phone. Kill BDC for the abokis jare. Let them feel the heat of this malistration. It should go round

duality:



How does he get those figures he posts online. This has formed the basis of forex trading.

So if Aboki fx says it's 600nsira, everyone will sell at that price.

What if the platform reports Naira against dollar at 100 Naira to one dollar, does it mean people will trade USD at that amount?

Guys who go round and report the prices of food items should be waiting for similar ban from the government b'cuz they also source their data from the ground/parallel market.

You see enh, government is not just our thing in Africa. You can trace it back to the pre-colonial era if you like. African approach to governance is that of subjects to masters, whereas it's supposed to be the people and their public servants. Government are meant to serve the people and not what we see here.

Was AbokiFX notified or invited for questioning? I believe No. The next thing you'll hear is that they will allow him do his business if he accepts to pay tax. Is that the right approach to drag someone into the tax net?

That's exactly what was done to Twitter. Ban the platform without any notification or warnings, then invite him for talks. Is that how to run a public service? Hell no.

Just to clarify. I'm not on the side of the government neither am I on the side of AbokiFX. Nigeria government allows BDC to trade FX at parallel market side-by-side with bank and BDC operators are licensed. These people buy FX from CBN and trade them at a . To curb the unofficial rate of dollars to Naira, the right thing to do is to clip the wings of these BDC operators by mandating them to peg the price of FX at official rate and enforce compliance. This means that AbokiFX who source for data from these people will only have the official rate to report......but we all know the carrot and stick approach of Africans. Kill the symptoms and leave the root cause

You guys need to know that BDCs are licensed operators and not just some scaliwag dealers. Some banks have BDC ed as subsidiaries....

I need to understand the rationale for the ban of AbokiFX b'cuz we're yet to hear his real offence. Was it that he now buys and sells FX illegally?

Or his offence is that he owns a platform that reports the value of Naira against foreign currencies on the parallel market?

I know the government will be sued again and as usual, the government will be made to pay for damages.

Skynet45:


this what happens when you have an Aboki mallam as AGF, simple case he can't defend

Video wey everyone see and knows happened in igboho compound. Aboki lawyer dey say no be igboho compound, weak defense

Extremely weak defence....even the mumu DSS had reported that they raided and kill 2 people at Ighoho's residence. It's in the news.

I'm beginning to suspect Malami. He could be cashing out from this too. Who knows, he might even be the one who told Ighoho's council to sue and claim that amount that he's going to come up with weak defence.....abi which kaind what's upon a time SAN be this?

post=105912714:
There’s something peculiar about Our Darling Daddy.
He always seems to have the last laugh.
They said he wouldn’t ever be president again, but he proved them wrong.
They said he was dead, but many of those who said so are dead and are still dying and he’s still standing today to the Grace of God.
They said he wouldn’t win re-election, he not only won but he did emphatically and is almost done.
Jim Nwobodo abused the hell out of him in Enugu in 2015, and later ed APC.
Godswill Akpabio abused the hell out him in 2015, and later ed APC and became a Minister.
Ben Ayade used to make fun of him, but he too has eaten his words and ed APC.
Today, FFK made history-after calling him a corpse, tribalist, killer, herdsman, etc, etc-he too has ed APC.
And this is only 2021.
By 2023, every adversary would have repented, converted and ported to where PMB is.
Na waa for the man, Buhari. His juju man is too strong!!!
Tonight, he will look up the ceiling, yawn, laugh, turn, grab madam-and when he’s done, he will sleep like a baby.
Complete Azuanuka!!!
Our Darling Daddy, abeg cut soap for us biko O!

The cup is not always half full.... neither am I on the same page with those who say it's half empty.

Guy, there's something fundamentally wrong with your perception on issues of national discuss. If after reading all the former minister wrote, and stories of how your darling daddy got his critics decamped to APC and made ministers is all you've got to say despite the worrying trends of events in the country, then I owe you no apology to say that you need to have your brain checked.

I read how people troll you here and just scroll past it but on this very day, am compelled to the voices of the sane minded Nigerians to whom life is sacred to to speak sense to you. 12 soldiers just paid the ultimate price yesterday or so but what's more important to your darling daddy is his antics at silencing every form of oppositions. Have you guys got any iota of human feelings at all?

Do you now see why easterners dont obey them ? Do you see why easterners dont have confidence in them ? Do you see why MNK is trusted and obeyed instead of them ? Please dont call the people stupid,you can call the so called imposed leaders whatever you want. This is why the people are asking for freedom. But you still wont see that.

theInterpreter:
imposed??

you guys always run away from responsibility

didn't you vote them?

Don't mind them. They're so good at shifting the goal post. It's never their fault. Little do they even know that their leaders are just a true picture of who they are as a people. Everything na business even if it means selling out their own people.

This same M-fuckers voted in those bastards they call leaders but now, they're called imposed governors.

Were all the absentee governors Supreme Court imposed governors? Umahi just came out to say they should be their brother's keeper because the natural resources in his state are being stolen....imagine those words from a governor.

goaldynboy:


Your vituperation should be directed to the useless selfish southeast cowards and saboteurs who calls themselves governors.....

.......and not the common people who are helpless in the circumstances!!

Very good at shifting blames....see them!

I used to think leaders are made out of followers....never have I been awaken to the realities of making followers out of leaders. Your political figures are a true representation or picture of who you people truely are. Everything is business to an Igbo man, including selling out his own people.

I've said it and I will still say it again....if Nnamdi Kanu was an Hausa man, all the northern governors and senators would have rallied around him and bring him out of that DSS den. Highest na house arrest but being an Igbo man, I won't be surprised if it's his most trusted right hand man that sold him out. Odi nobara ndi bunu....na blood e dey for una.

You guys only have businessmen marauding as leaders with zero knowledge of how to play politics for the common benefit of your people. Aboki will continue to show you people shagey

The strength of the North over the entity called Nigeria is not in their alliance with the Southwest but the gullibility, cunniness and sheer stupidity of the Southeast and their leaders (if at all you guys have any). This meeting was held in your region for crying out loud, majority of your governors were absent. Later you guys will flood Nairaland with history of how Awolowo betrayed Zik.

Where you expect them to use brain, they use force and where you expect them to use force, they chicken out. Shame!

Cool

Buckeyemedia1:
It will not be good for the people that deceived you that Buhari or any President can make Nigeria good.

In a nutshell neither Buhari nor any president for that matter can change the fortunes of this country from becoming doomed.

And you still feel allowing the doom continue is the best? Are you one of those benefiting from the misfortunes of this country? If Yes, I understand why you want the rot to continue but if No, please explain your reason why this destiny killing country should continue like this.

Buckeyemedia1:
Fools that left their country to go & start protesting in another person’s country? Selfish Tribalists, Oyibos should come to Nigeria to conduct referendum for you, have you done your census? let them come back to Nigeria the other tribes will be waiting for them, go & be embarrassing the country in the international community, What kind of stupidity is this?

The People that protested the #Endsars protest at Lekki toll plaza what became of them?

When you denied them peaceful protest in their own country it becomes inevitable for them to take your internal discords outside. Things that could have been easily managed by a listening leader which we all know Buhari is not.

vedaxcool:
They bankrupt the country shared it's finance for keeping the country safe and destroyed all institution yet they still complain when they left behind a collapsing economy and unsecured country.

Do our media houses still have the freedom to publish the woes of this malistration of PMB like they do under GEJ?

Let's even start from freedom of the press before we start talking economy....shame on You, shame on PDP, but bigger shame on APC, and the biggest shame on Buhari and all his ers.

Yes, GEJ failed but PMB has taken leadership failures to a very new height. The only thing left is for us to pray not to ever experience this level of failed leadership again. On what metrics would you have scored PMB above GEJ? Just name any.

Again, I'll ask this question. Mention any one trait of a good leader you find in Buhari. Just one.

To clear your doubts, I'm apolitical. I see all your politicians as the same and I have nothing to do with them. They all have the same agendas....to make your life miserable while their families live off your gullibility.

techwaya:
My God ! Did this man just indirectly said Miyetti is responsible for all benue killings? something fishy is going on.

I finally found someone who's reading the intrinsic meaning of those submissions by MACBAN.

The guy just itted that their people are behind all the killings but DSS does not work in the North. They only work in southern Nigeria where they'll extort their victims. Shame!

Ovamboland:


They're all the same yet Ibo gave 95% of their vote to Atiku but they expect to dominate Buhari government with appointments.

Stop disguising with all these they are the same rhetoric, it's stale, we all know where everyone's sympathy and preference lies.

Such an interesting times we're in. Is this supposed to be your defence on why politicians switch party allegiance? With what you wrote up there, are you trying to say Nigeria politicians have the interest of Nigerians at heart?

This country is so screwed up menh!

NGpatriot:

At the end, you only ed pictures when I was expecting you to school me on things that slipped through my consciousness within the Nigerian political space. I'm not here to troll or exchange words with you. If you have any proof to back your claims that Atiku was ousted by APC bring it on or else, take it back to those bankrolling you that Nigerians are beginning to wise up. We already know that they're all one and the same.

This same Atiku you're calling opposition to the APC was the one who stood as the father of the groom on Buhari son's wedding, yet you're here taking sides with these enemy of the common men. They're all the same and I will say this anyday anytime.

NGpatriot:



And I hope you know that the APC saw that and kicked him out...


Good riddance.

Try again..

Like seriously, APC kicked him out!

You think you're talking to those Millennials who just got privy to phones and internet lately.... could you please tell us how he was kicked out of the APC?

How close are you to these guys sef? Have you ever stood 30 metres away from any of these guys you come online to defend? Abi na that 30k monthly stipend dey shack you?

I really will like to know how he was kicked out of the party he sponsored to limelight.

NGpatriot:
This is why they call the PDP the party of terrorists and bandits

How come you forget so soon that Atiku was part of the founding of the APC before he lost the primaries to Buhari at Teslim Balogun stadium in Lagos?

I still how delegates were paid in dollars that day because I was just a few metres away.

Nigeria only has 2 parties. That is, the politicians and the people.They're all the same. They don't mean well for the people...with the amount of cross-carpetting happening between APC and PDP, you mean you still have the effrontery to tell Nigerians that one politician is an APC member and the other is a PDP member?

Oga pack well joor.

Bolaji26:
It's true.


But unfortunately

I lost my very childhood friend in this attack.


Base on what his colleagues told us, they said after dey had successfully killed the Bandit, this my friend saw a traces of blood and follow it to know where it's coming from.

Getting there, it was a wounded Bandit who hasn't die


.
D Bandit opened fire on him killing him instantly bfre my friend colleagues rush to kill d Bandit finally.


Rest on

RIP to your man. He paid the ultimate price for a battle that could have been averted from the creddle before it now almost outgrowing its parent.

I wish all these madness ends. Men are being lowered everyday because of this shit they brought in for election gains.

RazorEdge:
Kudos to our gallant soldiers! Wailers must be put to shame. All See-no-good, Hear-no-good are enemies of state. They're equally bandits!

You should be more worried about how we got to this state as a country where citizens now rejoice whenever calamities befalls their country. Think Bro! Think! Yorubas will say Omo onilu kii fe ko tu. Meaning a citizen of a place wouldn't want his place decimated. But here, the reverse is the case. The commoners rejoice when we hear calamities befalling our politicians or ruling class and you think everybody is insane to openly rejoice over a bad news about their country?

Something is fundamentally wrong with Nigeria and not until that changes, the negative perceptions of the people towards the police, NA (minus Navy and Airforce), and politicians will continue to be the same. These people I listed up there are perceived as the enemy of the people and when you look around you, you'll know what am saying.

Peace.

Jaqenhghar:

Many Fulani men wear their hair long,

I've been very close to the Bororo clan of the Fulanis. These guys wear makeup and long hair like female. It's no news to me. Unless they're saying all those Bororo guys I know while growing up were actually not Nigerians. The north is their own problem.

I've said this before and am gonna repeat it again. Northerners will absorb Niger, Chad, Senegal and Cameroonians into their land and give them voters card, shield and protect them and even call them one of their own at the expense of their true fellow Nigerians from the South just for political gains. I know so many Zabaruma guys who now claim Northern Nigeria as their ancestral home and have Nigerian voters card to show for it, and you'll see our Hausa guys covering them up and taking side with them. If a fight broke out like the type that pitched the Yorubas against Hausas in Shasa in Ibadan, where a Zabaruma guy had a brawl with a southern Nigerian guy, you'll see Hausas taking side with their foreign neighbours and shielding them like one of their own.

When it's election time, you'll see them bragging about results from Kano and Kaduna as if they're truely that much in number. Well, I pray Nigeria get back on track again but PMB has taken us at least 10 years backward and he's still doing so with those crazy borrowings.

He's not the first Fulani president to rule Nigeria but how come these long hair Fulanis that I've known all my life turn monsters overnight just because of PMB is still a mystery to me.... Posterity will not be kind to Buhari

Kokaine:
I'm in the north too. I quite agree with you on this. The effect is that they are dispersing from those heat areas like zamfara to the less policed states in the north west. The cases are rising gradually in kano and jigawa now for instance. This thing needs a coordinated attack on the criminals as well as the failing economy. Let government intervention programs meet the right targets and we will see the natural end of these menace. But no! Saboteurs every where circumventing that survival fund, that grant, that oan, that covid19 loan, that Nigeria jubilee thing, and at the end, creating more poor and desperate people who are ready to feed on the perceived rich. Corruption brought us here

You made sense here.... More of submissions like this, you'll get another kudos from me.

harjay1986:


I think Gov. Diri is absolutely right here, the company I work with have their headoffice in Lagos island with up to 30 staff , but our field office is here in Ogun State with upto 150 staff the staff in ogun state pay their payee to ogun state while the one in Lagos pay to Lagos

[b][/b]

Let's see it this way sir. You're a producer of chocolate bars and your corporate office is in Lagos due to nearness to the market. However, your production plant is in Ondo state due to proximity to raw material and cheap labour.

The scenario painted above is exactly what happens in the case of IOC companies. Let's now ask ourselves if it is right for the company who situated its headquarters in Lagos for strategic reasons should pay tax to Ondo state because their production factory and raw materials comes from there or they should pay tax to the state that houses their corporate presence.

In my opinion, Ondo state can only lay claim to tenament rate and the income tax of those workers within her territory while Lagos have every right to collect tax on whatever the company declared as profit because that's where the market is.

To buttress this point, companies in Lagos whose staff live in Ibafo, Mowe, Agbara and other Ogun state communities but journey down to Lagos everyday to work, those companies do not pay income tax of those employees to Lagos state government. I know this for a fact. They only pay income tax of those who live in Lagos to the Lagos state government and this has been on for a very long time. This same argument goes for the case of the IOCs. They're only entitle to pay income tax of their staffs who work on the upstream or downstream to their state of residence and nothing else. In as much as their head office continue to remain in Lagos, it is 100% legal for them to pay their taxes to Lagos state government.

redroom:



Dont claim this as SW victory

Wike single handedly started started this revolution and he is from SS
The only one with enough balls to do this

I never said it's a victory to the southwest sir....read again please. Yes, Wike started the VAT thing but are the south-south states fronting a common collective struggle in this fight like you've seen in the southwest?

Besides, it was even Akeredolu of Ondo state that started this whole eye-opening confrontation with the federal government.

Ibkhaleel001:
I love the Hausa/Fulani academics & scholars!
They don't open their mouths anyhow in petty ITK 'foolish wiseness of the agricultural fowl' if i may borrow Zebrudaya's patented lines.
When they write, it's mostly in calculated response to misconstrued perceptions, provide additional lights on national issues or to state their own side of the story.
And when you read them, you will read knowledge, wisdom & invaluable insights.
But you see the academics & scholars from the South & some part of the Middle Belt.
They have opinions on every issue no matter how trivial.
When you read them, you can't mistake the bigotry, concieted arrogance & incitement to foolishness to their people hidden openly in their mischief they call opinion.
Yet, the South wonder aloud why with all thier vaunted intelligence, they are nowhere near the North in cohesiveness, aggregation of ideas, effective planning & organization.

What's your point?

Omoluabi1stborn:


I don't know.
I'm just beginning to like this SW governors.

Unity in amotekun
Unity in Open grazing
Unity in decentralized supreme courts
So many others.

I think SW will fare well in Regional Government.



BTW, SW governors make Una help me beg Daru Dapo to work nah

What you're seeing now have always been what the southwest is known for. It has always been about progressive in the region. This is the only region that has technocrats as governors and not business men....except of course for a few exceptions. As corrupt as Tinubu is, he was able to come up with policies that helped him govern Lagos state when he had issues with the federal government. I'm sure no northern or southern state governor would have been that innovative to come up with ways to generate IGR that's enough to run a government even when there's no federal allocation.

All these can be traced to the education for all of the Awolowo era....there's an established roap for development in the entire southwest that would have placed the region far ahead of other regions in the country if not for the abolition of regional government system. You just have to give it to the Omoluabis when it comes to good governance and public istration.

Bubu why?

The next 2 to 3 president must be very smart guys or else they'll be nothing left of the country for them to govern other than human beings alone....one would wonder if there's anything left in our treasury.

A country as rich as Nigeria now borrows to run the country. Isn't that pathetic? Crude oil is fast loosing its relevance. Science is providing cheaper and more ecological friendly alternatives and we're here watching and living like these things doesn't bother us. The next 5 generation will read about Buhari, Lai Muhammed, Pantami, Gumi, Farouk Lawan and co....and all they'll do in their remembrance is lay curses on them.