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Nairaland Forum / Nairaland / General / Business / Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others (21875 Views)
Naira Hits ₦550 To A Dollar, EFCC Warns Banks Against FOREX Fraud / Short Man Climbs Chair At First Bank Ikotun, Lagos To Transact Business- Picture / Investors Transact $1.7b At I&E Window (2) (3) (4)
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Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by AngelicBeing: 8:01am On Apr 09 |
Ofunaofu:Hahaha 🤣, well said, anything called Gandola alias ganduje should be moved to crime section, the gif Below is for Gandola the criminal ![]()
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Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by aywagze(m): 8:03am On Apr 09 |
Delegates should stop collecting dollars during elections too ..🤔 |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Questionnaires(m): 8:03am On Apr 09 |
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Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Konquest: 8:04am On Apr 09 |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by BondRiv: 8:04am On Apr 09 |
This doesn't even need to be stated. Arrest anyone who does this. 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by yommen: 8:10am On Apr 09 |
Thundafireseun: But no matter how you see it, dollars will continue to fall because the demand for it will reduce. Those that have it in excess will be forced to sell. 3 Likes |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Benjosh123(m): 8:11am On Apr 09 |
It's a gradual process bro. Everybody go chop breakfast.. what's the need of the money u stole and can't Spend within the country? The politicians will also feel this. And besides, I'm seeing a big problem towards next ele8, Dollar would be Scarce to get for campaign if the CBN and EFCC continue with this Momentum.. socialmediaman: 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by stevups(m): 8:15am On Apr 09 |
Ofunaofu: You too can do that one to support the government. Drag him to court with the power bestowed upon you 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by GentleRay: 8:18am On Apr 09 |
Economic and Politicial Sabotage is a big crime in China and Russia. Some times the penalty for Sabotage carries death penalty. Why Sabotage your country? |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by stevups(m): 8:21am On Apr 09 |
babaRUNtinz: My brother it will be better even in our time 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Coolestguy2023: 8:31am On Apr 09 |
Farrason: Stop acting like an illiterate. What does "and others" mean to you? 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by grandstar(m): 8:32am On Apr 09 |
This is absolute nonsense. The CBN should be more focused on keeping inflation low High inflation and currency is partially responsible for dollar denominated prices. 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Versal: 8:35am On Apr 09 |
Get Out! Hypocrites EFCC. Selective Justice |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Farrason: 8:41am On Apr 09 |
free2ryhme: There is no difference between you and a Malu!! Is Wakanow an airline or an indigenous travel agency. We are talking international airlines and olodo dey show me Wakanow and still claim right. Your mumu too much no be small.
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Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Farrason: 8:43am On Apr 09 |
TUANKU: Oga, tickets are sold in USD. Thank God for travel agencies that enable travellers pay in Naira. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by civilserva: 8:48am On Apr 09 |
socialmediaman:You made a valid point. You have many individuals here who always close their eyes to massive looting by public officials. They call you 'enemy of Nigeria' when you have different political ideology. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by WilsonBright935: 8:50am On Apr 09 |
Farrason: Even in the so called first-world countries, stuff like this happens. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Thundafireseun: 8:56am On Apr 09 |
yommen: In the law of Demand and supply…. Demand is usually higher when the price is lower…. Don’t be deceived |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by panpan(m): 9:02am On Apr 09 |
Whalis: What does OSP permit mean? |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by ufuosman(m): 9:03am On Apr 09 |
Good one |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by DonGenovese: 9:04am On Apr 09 |
Whalis:Thank you for this, if you're in the banking sector or Maritime sector,and in Apapa, you would be aware that we pay a number of fees all in USD. From Shipping payments to companies like MSC, Ocean network, Cosco etc, to regulatory payments to Nimasa, NPA etc all these end up putting pressure on the Naira, because the people making these payments would have to source it from the parallel market. I sincerely want to understand why these payments must be in USD, for companies doing business in Nigeria and also our Government regulatory agencies. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Raph82(m): 9:06am On Apr 09 |
Start transaction in dollar, end the transaction in prison. It's that simple. 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by TUANKU(m): 9:17am On Apr 09 |
Farrason:Simple question...do you pay for your tickets in USD oga? Stop going around in circles oga. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by fxexperts: 9:21am On Apr 09 |
StOla:The first people to arrest and jail are the same government officials themselves. Custome charges in dollars so what do they expect us all to do. Whalis:Dont mind the fools they are joking. 1 Like |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by bolademi(m): 9:23am On Apr 09 |
BeeBeeOoh: My client that want to sell his land in dollar |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:25am On Apr 09 |
Farrason: Airlines don't charge you in dollar here in Nigeria. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:26am On Apr 09 |
Farrason: You don't know what you are saying. If tickets are cold in dollar, how come CBN was not able to pay airlines their money when Nigeria had less forex at hand! |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by unitysheart(m): 9:27am On Apr 09 |
DonGenovese: Did they list your industry as part of those put on the watch list? Make una try dey read carefully. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by saintmm(m): 9:45am On Apr 09 |
It's part of what needs to be done. Some schools, hotels, supermarkets and real estate practitioners transact freely in dollars in a naira market. This ought to be an economic crime. But, do we really have laws that can check, prosecute and get this people jailed? Is there enough patriotism and willpower to effectively enforce the law? Infact, unauthorized or unregistered possession of dollars ought to be a crime punishable by law. |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by tnerro1(m): 10:06am On Apr 09 |
I hope the biggest hotel in Abuja ( make I no call name) got the memo oooo |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by chatinent: 10:13am On Apr 09 |
Oya make una make Naira cards to Dey work internationally. Then they will be no need for anything dollars or foreign cards. 4 Likes 1 Share |
Re: Don’t Transact In Dollar – EFCC Warns Schools, Hotels, Others by Lacash: 11:10am On Apr 09 |
BeeBeeOoh:Anybody who deals or transacts in dollar in Nigeria should be arrested and prosecuted ASAP…..Signed by me.🤓 |
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