NewStats: 3,263,467 , 8,180,221 topics. Date: Friday, 06 June 2025 at 04:54 AM 3n46i

President Muhammadu Buhari has rejected calls for the resumption of the sale of foreign exchange to Bureaux de Change (BDCs), describing the Bureau de Change business as a “scam and a drain on the economy”. “We had just 74 of the bureaux in 2005, now they have grown to about 2,800,” President Buhari said at an interactive session.

http://businessdayonline.com/2016/01/bdcs-now-a-scam-and-drain-to-nigeria-buhari/

Northerners are the ones who're into BDC. Buhari isnt supposed to stop sales of forex to them based on the fact of northerners caucus things but he STOPPED THE SALES.
with this. I can confidently say, Buhari mean well for Nigeria as a whole.

God bless the federal republic of Nigeria.
God bless president Buhari.


Check my signature for ur customised wristband.

What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

He is right. A BDC will get dollar at N199(N205 max) and sell at N301. Is it fair? Scammers

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

You that you know so much, has your Knowledge ended endemic poverty around you?

All these I-Too-Know busy bodies should spare us their truckload of BS.

Dullapo

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

You ed yours but nobody sabi u.

Any small issue is an opportunity to vent your anger without thinking at all.

I will give up my A1 in Mathematics and Economics to be both a Military Head Of State and Civilian President in your life time.

and yes i had A1 in Physics, Economics and Mathematics WAEC can come and take it in exchange for that.

coolsix:
He is right. A BDC will get dollar at N199(N205 max) and sell at N301. Is it fair? Scammers

All malam to him kettle. All these "Dollar Gold " for Rumuola go reduce

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

WICKED!!!

Mr President should SWITCH OFF THE
CAMPAIGN MODE & SWAP TO GOVERNANCE
MODE to fix the numerous problems facing
Nigeria..
People have often said, if Buhari had not been
overthrown, 'Buharinomics' would have saved
Nigeria. Thankfully our dear President has 4 years to prove it...

Buharinomics

Enor concern me na Abo.ki dey Change money him blodas dem.

wetin he sabi?

Really.

Every form of business is a scam. The government is shouting because they are not the ones benefiting from it.

Central bank should take control of all e-transactions in Nigeria and push visa card and mastercard out of operation in Nigeria so that they can be able to track every transactions made for international purposes.

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

Lolz...that is too harsh

Maybe, Maybe not...

make the yeye dollar just come down from the skyscraper it went.

The biggest scammers are Mastercards and Visa. Those guys are sipping tea in their American office robbing us blue-black with the help of their partners in crime, Nigeria banks. On Monday I was charged 400 Naira to £1 on a POS, not even ATM so no transaction charges.

.

@ the bolded , SECONDED

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

Yes o.

But wait o, is Buahari also waging war against his own malams who are BDC operators?

This is the Julius Nyere of our time.

God bless PMB!

Okay....

Whether the BDCs are a scam is a debatable point.

What is actually worrying is how Buhari seems to have taken charge of making technical decisions about our economy. I stand to be corrected, but he doesn't have any qualification in economics/finance or any allied discipline.
The other day, he was quoted as not being "convinced about the benefits of devaluation." I don't know if he has the technical skill to make the understand financial jargon. If it was Emefiele that was not convinced, that is understandable as he is a professional. But Buhari??

Clear

We had just 74 of the bureaux in 2005, now they have grown to about 2,800,” President Buhari said at an interactive session.

Can someone post the full report of the interaction.

Lets watch Bubu fumble through another interactive section. I bet APC are hiding the full report.

nnachukz:
What does he know about economic activities? he failed maths and economics in the WAEC result awarded to him by his Principal. To him everything he doesn't understand is a scam and corruption.

Frustrated Being

In the word of a wrestler by name king Barrett "I got a bad news"!!!!

.

T

I done hear....