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How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria - Politics (6) - Nairaland

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Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by joyandfaith: 9:20pm On Jul 14, 2023
PARADIZEPRIEST:
DO YOU EXPECT BUHARI 8YRS RUINS TO BE REPAIRED IN FEW MONTHS? Be true to your self.

In 2015 you guys said did YOU EXPECT PDP 16YRS RUINS TO BE REPAIRED IN FEW MONTHS by Buhari the messiah?
You are repeating the same story 8 years after.

1 Like

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by 004gist: 9:55pm On Jul 14, 2023
sunboy:


Direct bank transfer is you sending flutterwave to your friends or family and have them make the direct bank transfer. Abi I no sabi English again ni ? All your school care about is getting their money and as long as you add your identifier in the payment reference you should be fine.

Alternatively, Contact your international student office and explain your situation to them, they will work with you.

Wo, you do you. No energy to dey emphasize on the obvious.
tongue I don buy black market today n finally paid..
like i said i don't want my money to miss road or what they won't recognise..
thanks. maybe next payment I will ask them.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by sunboy(m): 10:07pm On Jul 14, 2023
004gist:

tongue I don buy black market today n finally paid..
like i said i don't want my money to miss road or what they won't recognise..
thanks. maybe next payment I will ask them.

Congratulations 🎉 but stop blaming the government for everything though, the country you’re going to you will see many imperfections in their government too.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by routed: 10:07pm On Jul 14, 2023
erico2k2:

U must still be living with your mother and paying No bills
This shows how uninformed you are. You need wear your thinking cap to weather your unfortunate situation. I pay a child foreign schools fees for you to note. Investors and exporters are swarming the economy, you are still living in mirage of complain as a young man.
Get a product or trade to invest and look for a mentor in the field. Start small with consistency and good character, you'll get there.
Write your own story and your family's, all those politicians are writing theirs and their family stories not yours.

We are amazing people who allows the ethnic bug bite us. Only politicians who are bankrupt of ideas on nation building use religion and ethnicity to divide people and keep them poor and bitter.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Israel07: 10:47pm On Jul 14, 2023
erico2k2:

Nah I'm only an Engineer who has survived working in the UK for almost 20 years ofcos damnnnn right I understand Economics.
the attachment below is yours one who understands Economics.Where is the Economics.ics ??

You fookin jobless dumbo 😂
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Highways: 11:05pm On Jul 14, 2023
sunboy:


Denounce your citizenship, you also have the right file asylum under the UN charter in Ghana, Somali, Togo or anywhere you like.
The options are there, stop distracting some of us that still believe in Nigeria.


All eyes on the judiciary
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 1:46am On Jul 15, 2023
Israel07:


You fookin jobless dumbo 😂
Is this the best you could come out with?I have gone fru your topics and post, they alll belong to the comedy section
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 2:00am On Jul 15, 2023
routed:

This shows how uninformed you are. You need wear your thinking cap to weather your unfortunate situation. I pay a child foreign schools fees for you to note. Investors and exporters are swarming the economy, you are still living in mirage of complain as a young man.
Get a product or trade to invest and look for a mentor in the field. Start small with consistency and good character, you'll get there.
Write your own story and your family's, all those politicians are writing theirs and their family stories not yours.

We are amazing people who allows the ethnic bug bite us. Only politicians who are bankrupt of ideas on nation building use religion and ethnicity to divide people and keep them poor and bitter.
FYI, you are speaking to a person who schooled and have lived in the Uk for 23 years, You think I started today, I paid my own school fess here during my time and it was a damn hard Job then. This was how one jobless youth on here was thinking By me sending money direct to my Nigerian account was me sending forex to Nigeria, the Answer is capital NO.If you by any means send raw forex to Nigeria you will lose its value, you will sell at a loss. I asked someone on here why do I need to send forex to Nigeria when we do not trade i n $$ or ££ i n Nigeria, they came with the lame defence of throwing abuse. If I need forex anywhere i n the world all I need is my Bank card which is Barclays, it works anywhere in the world and no limit, However if I need Money in Nigeria all I need do is transfer my pounds to my 9ja bank account via 3rd party remitting company, they charge for their transfer fees and deposit naira to my account at the highest rate. Today £ is 1075.The remittance/Agent name I use these days is WSLRemit.SO m y Forex ends at their account here in the Uk not Nigeria. Thier Canta part or partners in Nigeria pay me in Naira, and this is how the Politicians and those in the Know Lunder Monies from Nigeria to the west, but its legit in the eyes of the law as these coy pay taxes in the UK.I have been Remitting money to Nigeria for more than 22 years so I think I know what Im talking about and as for Investment in NIgeria, Please come to the property and Auto section of Naira land where real men talk and lets talk there we have loads of people from all over the world investing on there not this Tom and jerry page.

5 Likes

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 2:01am On Jul 15, 2023
sunboy:


Sorry I don’t have energy to start explaining how things work in real life. But to make it easy, if you send money to get naira in Nigeria you have effectively sent physical dollar to Nigeria. Thank you sir.

If you no believe it’s okay.
I did not xpect anything less.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Ajehkpako4naija(f): 2:18am On Jul 15, 2023
DesignMaestro:
Is this what you wanna be doing with your life for the next eight years?
you will be the one that will be badly hit the worse, because am very comfortable financially, pls tell ur druggie to get you fuel at 150/lit as an ardent brainwashed follower.

1 Like

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by 004gist: 3:11am On Jul 15, 2023
sunboy:


Congratulations 🎉 but stop blaming the government for everything though, the country you’re going to you will see many imperfections in their government too.

I should stope blaming the government for everything? how
you have not seen the frustration we have faced with this form A.

first they asked us to submit it and fund account they will debit it in 3 months but they failed.

then they issued directive for us to go get Tax clearance of 3 years which we did. some spent 250k to get this from respective states.
only two weeks they said everything has increased to 900 to 1000 from 560.
and even at that they can't guarantee to give forex subject to when they receive.

i have begged my bank to allow me buy from black market n deposit since May.. they said if I buy it like that it's against banking policy. majority of the money I paid had to be sent from abroad.. about 99% except charges n few remainder

will i talk about renewal of passport? that one I spent 85k bribes everywhere.

last week I travelled from East to do a compulsory medical test in Abuja.. only on transport I spent 55 thousand naira going 24k n coming 31k.


if there is job in this country will I be traveling out to areas I don't know?
since almost 10 years I graduated where is the work?

What has improved? if not that I now had to learn skills in programming to work outside using foreign platforms maybe hunger for don kill'me and family.

I blame the government for everything.

3 Likes

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by DesignMaestro(m): 5:20am On Jul 15, 2023
Ajehkpako4naija:
you will be the one that will be badly hit the worse, because am very comfortable financially, pls tell ur druggie to get you fuel at 150/lit as an ardent brainwashed follower.
fool! What gives you i.di.ot an impression the person at the other end is a pauper? Comfortable in deed grin
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by iyke2frankeze: 6:57am On Jul 15, 2023
erico2k2:

How does me remiting $£ give me profit??Think about it and
xplain plzzzzz
How do forex traders make profit? You simply buy a currency that is going down in value and sell it when it starts going up. As soon as Peter Obi enters office, the value of Naira will jump up and they will sell back the Naira, making higher dollar and pounds.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by barikay: 8:50am On Jul 15, 2023
Styluss:
Thank you for your help but I will prefer to do everything here. The communication and all as most of my time is spent on the computer and I have NLnd signed in. If you need me to pay, you can discuss your price here and you can share the method.
Thanks
if you have knowledge of getting fx will you share here for the whole people to use the same method for free? Someone has already share something for you go with that. Thanks
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 9:42am On Jul 15, 2023
iyke2frankeze:

How do forex traders make profit? You simply buy a currency that is going down in value and sell it when it starts going up. As soon as Peter Obi enters office, the value of Naira will jump up and they will sell back the Naira, making higher dollar and pounds.
haha that's funny cos last time I checked no one buys Nigerian currency xcept Nigerians as we got nothing to xport, the go to currency is the green back. It would have worked the way you described if all we do is go abroad and use our Nigerian ATM card.This will only happen if the Banks in Nigeria steps in and trade fairly but we both know that will never ever happen this year I had a Job to do in Brazil, for two weeks plus I took two weeks Holiday (Why not) I saw something I liked for$3000, now I had money in Nigeria but not my UK bank, so I had to ask an Agent in the Uk to sell me his ££££ in the Uk so I can transfer naira to any of his Nigerian customer and that's how I managed to buy the stuff with my ££ debit card.,Now we are not the oly ones going fru this in Africa, And in what's name do you think Peter Obi will make this massive financial magic? this was how one prophet says he can sort Nigerians Electric worse in 6 months, 9 months later we are worse off
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 9:45am On Jul 15, 2023
004gist:


I should stope blaming the government for everything? how
you have not seen the frustration we have faced with this form A.

first they asked us to submit it and fund account they will debit it in 3 months but they failed.

then they issued directive for us to go get Tax clearance of 3 years which we did. some spent 250k to get this from respective states.
only two weeks they said everything has increased to 900 to 1000 from 560.
and even at that they can't guarantee to give forex subject to when they receive.

i have begged my bank to allow me buy from black market n deposit since May.. they said if I buy it like that it's against banking policy. majority of the money I paid had to be sent from abroad.. about 99% except charges n few remainder

will i talk about renewal of passport? that one I spent 85k bribes everywhere.

last week I travelled from East to do a compulsory medical test in Abuja.. only on transport I spent 55 thousand naira going 24k n coming 31k.


if there is job in this country will I be traveling out to areas I don't know?
since almost 10 years I graduated where is the work?

What has improved? if not that I now had to learn skills in programming to work outside using foreign platforms maybe hunger for don kill'me and family.

I blame the government for everything.


Ofcos I agree with you, BLAME THE DAMNNN GOVERNMENT.

2 Likes

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Styluss: 10:29am On Jul 15, 2023
Hi sir, I have been conversant with Nairaland for a while while trying to connect and network with people who are better than me and can elevate me but when I go those sections, its always people creating a post and thesame people having 30 coments on their own post.
Maybe I am searching wrongly, could you please refer me to a link where I can read beneficial posts about autos, investments and properties without this lands for sell topics?

erico2k2:

I think I know what Im talking about and as for Investment in NIgeria, Please come to the property and Auto section of Naira land where real men talk and lets talk there we have loads of people from all over the world investing on there not this Tom and jerry page.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Styluss: 10:31am On Jul 15, 2023
I would apply for any form A. I just have to take loan at this point, cos, a budget of 3.2m is runing to 6m. Thats double the price. Its saddening.

erico2k2:

Ofcos I agree with you, BLAME THE DAMNNN GOVERNMENT.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 11:05am On Jul 15, 2023
Styluss:
Hi sir, I have been conversant with Nairaland for a while while trying to connect and network with people who are better than me and can elevate me but when I go those sections, its always people creating a post and thesame people having 30 coments on their own post.
Maybe I am searching wrongly, could you please refer me to a link where I can read beneficial posts about autos, investments and properties without this lands for sell topics?

Those sections are for people who are building and selling realistically, it was created by a friend on here.However for starters you can visit the biz section of nairaland there are loads of start ups on there
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 11:06am On Jul 15, 2023
Styluss:
I would apply for any form A. I just have to take loan at this point, cos, a budget of 3.2m is runing to 6m. Thats double the price. Its saddening.

Its a sad state ,The frustration alone can kill you.I was in NIgeria Feb just gone, during this cashless saga, I k now what I went fru
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Styluss: 11:14am On Jul 15, 2023
Thanks for your response, I will check it out
erico2k2:

Those sections are for people who are building and selling realistically, it was created by a friend on here.However for starters you can visit the biz section of nairaland there are loads of start ups on there
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Styluss: 11:17am On Jul 15, 2023
To think that I had the opportunity to leave 2 years ago, but wouldnt want to take the risk of borrowing, I tried to raise funds and now that I have what would have been enough, the rate doubled in the space of a week.
My world was crashing right infront of me, but I will do my best and see if I can work something out, I intend to be in university of salford. I will take the risk this time even if the rate quadrupled.
embarassed embarassed embarassed embarassed embarassed I have thought a million times and one, I almost run mad
erico2k2:

Its a sad state ,The frustration alone can kill you.I was in NIgeria Feb just gone, during this cashless saga, I k now what I went fru

1 Like

Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 11:24am On Jul 15, 2023
Styluss:
To think that I had the opportunity to leave 2 years ago, but wouldnt want to take the risk of borrowing, I tried to raise funds and now that I have what would have been enough, the rate doubled in the space of a week.
My world was crashing right infront of me, but I will do my best and see if I can work something out, I intend to be in university of salford. I will take the risk this time even if the rate quadrupled.
embarassed embarassed embarassed embarassed embarassed I have thought a million times and one, I almost run mad
Take the risk and save your future generation the hardship these evil leaders invest upon us.You might not get super rich but your life wil be way well off.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Styluss: 11:39am On Jul 15, 2023
Thanks for your advice, I just got admited for January entry, I will do my best
erico2k2:

Take the risk and save your future generation the hardship these evil leaders invest upon us.You might not get super rich but your life wil be way well off.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Calitoscassius(m): 4:05pm On Jul 15, 2023
Audio or agbero growing? grin which one?
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by Calitoscassius(m): 4:09pm On Jul 15, 2023
Where are the it will favour me and my families crew?. cheesy
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by iyke2frankeze: 6:32pm On Jul 15, 2023
erico2k2:

haha that's funny cos last time I checked no one buys Nigerian currency xcept Nigerians as we got nothing to xport, the go to currency is the green back. It would have worked the way you described if all we do is go abroad and use our Nigerian ATM card.This will only happen if the Banks in Nigeria steps in and trade fairly but we both know that will never ever happen this year I had a Job to do in Brazil, for two weeks plus I took two weeks Holiday (Why not) I saw something I liked for$3000, now I had money in Nigeria but not my UK bank, so I had to ask an Agent in the Uk to sell me his ££££ in the Uk so I can transfer naira to any of his Nigerian customer and that's how I managed to buy the stuff with my ££ debit card.,Now we are not the oly ones going fru this in Africa, And in what's name do you think Peter Obi will make this massive financial magic? this was how one prophet says he can sort Nigerians Electric worse in 6 months, 9 months later we are worse off
So the forex traders do not trade in Naira according to your blond argument?
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by routed: 1:20am On Jul 16, 2023
erico2k2:

FYI, you are speaking to a person who schooled and have lived in the Uk for 23 years, You think I started today, I paid my own school fess here during my time and it was a damn hard Job then. This was how one jobless youth on here was thinking By me sending money direct to my Nigerian account was me sending forex to Nigeria, the Answer is capital NO.If you by any means send raw forex to Nigeria you will lose its value, you will sell at a loss. I asked someone on here why do I need to send forex to Nigeria when we do not trade i n $$ or ££ i n Nigeria, they came with the lame defence of throwing abuse. If I need forex anywhere i n the world all I need is my Bank card which is Barclays, it works anywhere in the world and no limit, However if I need Money in Nigeria all I need do is transfer my pounds to my 9ja bank account via 3rd party remitting company, they charge for their transfer fees and deposit naira to my account at the highest rate. Today £ is 1075.The remittance/Agent name I use these days is WSLRemit.SO m y Forex ends at their account here in the Uk not Nigeria. Thier Canta part or partners in Nigeria pay me in Naira, and this is how the Politicians and those in the Know Lunder Monies from Nigeria to the west, but its legit in the eyes of the law as these coy pay taxes in the UK.I have been Remitting money to Nigeria for more than 22 years so I think I know what Im talking about and as for Investment in NIgeria, Please come to the property and Auto section of Naira land where real men talk and lets talk there we have loads of people from all over the world investing on there not this Tom and jerry page.
I really appreciate your response, you need know that not everyone experience and hostory is the same and be sure I know and understand what I'm talking about from someone with 2 boys schooling in UK and paying fees from Nigeria. I have much to say about the issue of currency exchange you raised. While I love adult toys,cars, I don't see myself investing in it. Yeah, real estate yet I do it differently from many people. My investment is clustered around Tech, energy/oil/gas and Agriculture. Good to engage with you.
Re: How Tinubu’s Forex Policy Is Growing Remittance Into Nigeria by erico2k2(m): 11:35am On Jul 16, 2023
iyke2frankeze:

So the forex traders do not trade in Naira according to your blond argument?
To your question Naira trade locally. If you want to experiment this, carry physical N1million to the UK or Brazil see if you get a buyer.
You are calling my argument Blond, it would be more realistic for you to stick more to them things you know, Do you have any Idea it is to repatriate ones money in Nigeria back to the west?. I will xplainone last time if u dnt Gerritt well U know what to do. The 3rd party remit coys down here only sees ££££ and the 3rd party agents in Nigeria only sees Naira no £££££.however if you want ££££ wen U get here you can pay the agent in Nigeria naira and receive £££ here in the UK or USA. But there is another black market to this where $$$ are moved in bulk to Nigeria physically, even Aboki trade online for $$$$ this days my nice had to sell her $$$$ via online platform in her bank and Aboki transferred the naira equivalent to her account that was the only way she could withdraw $5000, it was even the bank that directed her to the aboki sitting outside.

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