Obipat:
oga, I sold 100 dollars @ rate of #304 on tuesday to BDC. Get ur facvts right. Have u see a dollar before except on TV?

naijamark:
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.

ElDeeVee:

It's very terrible bro. 400 is just crazy.

How that side na?

Adesiji77:
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/

nnachukz:
What does he know about economic activities? Remember 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.

kekakuz:
[size=20pt] remember they are your brothers
Zombies chanting Sai baba Sai baba
Now you don win and they Don become scam.
All I need is one chance[/size]

nnachukz:
What does he know about economic activities? Remember 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.

Kruzilano:
local banks buy at 199 4rm cbn nd sell at 305... Will u kal da scam? Mehn u aint gat anytin 2 say.. Shut d fvck up

Itsekiriman101:


I am surprised that more Nigerians are not complaining about them. I exchanged N81 to 1 Ghanian Cedi on Mastercard today. These same people will collect it at N52 from CBN. I think they should be banned from Nigeria. Thieves they are

kennyman2000:
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.

ngoziama:



God help us.we bring in sentiments into everything. Are you a business man or woman otherwise you won't be saying this. Who is deceiving who.buhari stops sale of foreign exchange to bdc yet bdc is where the business men are buying from.buhari is only enriching his brothers. Get there and see the serious mega deals going on there.buhari is only destroying legitimate business. You cant get anything from the bank as I am talking to you. Whether the banks now sell to bdc to make money is up to them but the corruption going on there will be worse than the claimed arms deal scam by fg.
Nigerians should start looking at several qualities before choosing her leader.Apart from integrity, the leader must be intelligent, well lettered and exposed. Must be abreast with international issues that pertain to economy and other vital issues.If we dont start searching for such leader then darkness will keep shinning more in nigeria.even the most remote part of this world where people go about naked, such economic policies can never be made.
Buhari, your brothers are the only ones selling dollar and pounds so which scam is worse than what is already happening.
Nigerians I do business but right now all the banks I have gone to said they dont have foreign currency but if you go to bdc you will get.so tell me my gain when I buy dollar at 300naira.
The masses are dying of these foolish policies.
His adamant attitude will definitely shred nigeria to pieces because the spirit of entrepreneuship which is the backbone of the success stories of countries like china, india and even the usa is almost dead in nigeria.Sound Education is key to success and where it lacks there is bound to be chaos in such system.
Thank God kenya has opened its doors to nigerian business men owing to buhari's visit.buhari thanks anyway but ahhhhhh there is wahala.

Seun:
Why.must the CBN sell it to them at 200 naira when the market price is 300 naira? Why should they sell at 200 naira when people are willing to buy for 300 naira?

It's like selling your car to someone for 50 naira and expecting him to sell it for 100 naira when it normally goes for 1 million naira. If the person does that it means the person is a fool. And nothing stops the person that bought it for 100 naira from selling it to someone else for 1 million naira. It's an outdated approach that doesn't work.

victorels:
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.

naijamark:
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.

victorels:
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.

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

Seun:
Why.must the CBN sell it to them at 200 naira when the market price is 300 naira? Why should they sell at 200 naira when people are willing to buy for 300 naira?

It's like selling your car to someone for 50 naira and expecting him to sell it for 100 naira when it normally goes for 1 million naira. If the person does that it means the person is a fool. And nothing stops the person that bought it for 100 naira from selling it to someone else for 1 million naira. It's an outdated approach that doesn't work.

victorels:
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? Remember 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.

UrbanMystique:
lol and you, you stayed in Onitsha to speak for the whole world abi?. Every sabo in south west you will find northerners dominating bdc market. Same with north central and entire north .. Yet you disagreed that northernerners are the major players in bdC market because a Onitsha one city out of over 150 cities in Nigeria has couple of Igbo's in bdc ... Oya clap for your self.

UrbanMystique:
wole shoyinka also failed waec. What's your point ?

nnachukz:
What does he know about economic activities? Remember 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.

nnachukz:
What does he know about economic activities? Remember 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.

RedCapChief:
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??

vainfairy7474:

so you only attended school to read & write?? I say "receive sense"!! as if he doesn't consult advisers & analysts @ his disposal, before making a pronouncement?? anuofia

coolsix:
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? Remember 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.

nnachukz:
What does he know about economic activities? Remember 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.