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Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars (32945 Views)

New Naira Scarcity: Sokoto, Zamfara, Katsina Border Residents Trade In CFA / Communities, Markets In Sokoto Abandon Naira, Trade In CFA Over Scarcity Of New / Why Do Neighbours Hardly Patronise Their Fellow Neighbour's Business? (2) (3) (4)

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Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by BeigJawnson(m): 9:35am On May 12
Gandrova:
Election is over. Get that into your skull Pit Hobi can't rule Nigeria.
He is the biggest scammer of the century

So the way the country is now, don't you think tinubu and his APC geng from townhall, are not the real scammers, who scammed folks like you to get into power?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by bluefilm: 9:46am On May 12
Agbado economics of trial and error methodology

God forbid BAT thing
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Fash20: 9:53am On May 12
The solution to all this is socialism and discipline.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Jflex07(m): 9:57am On May 12
Gandrova:
Election is over. Get that into your skull Pit Hobi can't rule Nigeria.
He is the biggest scammer of the century
None of your generation can lace his shoes. Let you and your dad be suvking Tinubu flaccid dick for 30k
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Everlastingson: 10:05am On May 12
Truthsandtrusts:





. your mandate lost,of that why you people are happy the country is shaking.. Tinubu is better pass atiku and bitter obi

Even stark illiterates are allowed to comment on NL! Na waoo! Does this one even understand what the news is all about? Yoruba Muslims and illiteracy are like husband and wife
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by bigiyaro(m): 10:19am On May 12
Putindbutt:
None of our business, if you want to buy from our neighbours and demanded their currency, that's good for them. We also enforce that only naira must be traded in nigeria.
thats the difference between other countries and naija. While other countries can enforce that only their currency is accepted, corruption will not allow naija to enforce their own.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Exceed15: 10:33am On May 12
If you deceived Nigeria to believe you are working you can't deceive International communities. Tinubu is a FAILURE.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by kunle4toyeyaho: 10:33am On May 12
Racoon:
Even neighbouring African countries parasiting on Nigeria via economic sabotage are rubbing it off on us by rejecting the naira as a means of foreign trade. You can steal mandate but can't govern with it.
M+ U+ M+ U
Whose mandate was stolen? Your candidate was roundly defeated in the last election. Yes,there are challenges regarding some policies adopted by PBAT and I believe there should be a review or reversal of those economic policies. Notwithstanding,your candidate was beaten silly in the last election
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Gandrova: 10:36am On May 12
Jflex07:
None of your generation can lace his shoes. Let you and your dad be suvking Tinubu flaccid dick for 30k
My generations are not crooked like your demi god Barawo Banza.
Nigerian are not idiot unless you choose to be otherwise.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by francotunsco: 10:36am On May 12
Wahala dey for Naira oooo...
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Gandrova: 10:37am On May 12
BeigJawnson:


So the way the country is now, don't you think tinubu and his APC geng from townhall, are not the real scammers, who scammed folks like you to get into power?
story teller
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by CallmeCHIKE: 10:45am On May 12
Putindbutt:
None of our business, if you want to buy from our neighbours and demanded their currency, that's good for them. We also enforce that only naira must be traded in nigeria.

You’re slow. How’s it not our business?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Jflex07(m): 10:50am On May 12
Gandrova:
My generations are crooked like my demi god Tinubu,the balabu
Nigerians like agbadorians are idiots who sucks Tinubu balls for 30k stipends.
Fixed!
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by BeigJawnson(m): 11:17am On May 12
Gandrova:
story teller

Ose my dear... I see how hurt the story hurts you and I see the level of you taking it personal to the extent of calling me a story teller...

God bless you. Peace
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Honestey: 11:28am On May 12
Bizibi:
Somebody should give me one reason why buhari shut our borders


Haven't you feel enough reasons?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by imagrg(m): 11:59am On May 12
Cry, the beloved country!

The country has shamed us!

Can you imagine these dependants rejecting our currency?

I nor blame them; it's the illiterate politicians on top of the government I blame!

What a let down!
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by HRMK: 12:46pm On May 12
which neighbours?has the borders been thrown open?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Awesome01(m): 2:39pm On May 12
I took 2 important points from this piece of information.

1. Our import duty is too high, which is the reason importers are fleeing away from our ports and prefer importing through our low-duty Francophone neighbours, which is really helping the smuggling of same goods into Nigeria. (One pounds wise, two pounds foolishness).

2. Too many checkpoints along the border routes.
Why does the Government itself encourages corruption by creating loopholes in its own policy.
Every year the revenue from Customs to the Government keeps increasing because of the money from bribes at the checkpoints.
So they would rather increase the number of checkpoints than remove any. (Because the higher the checkpoints, the higher the returns). So forget it.

About CFA to Naira. Sometimes back in the 90s when I visited Cotonou. 200Naira was exchanged to 1280cfa. But now the reverse is the case. Their 200cfa is now almost our 1280Naira. God help us.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by aviara: 2:42pm On May 12
RingRoadMafia:
May this rejection favour me and my concubines

Lolz....thie above line sounds familiar with a particular tribe who are known for voting and supporting the worst candidates in every election cycle

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by aviara: 2:48pm On May 12
Exceed15:
If you deceived Nigeria to believe you are working you can't deceive International communities. Tinubu is a FAILURE.

The sagacity of the man who built Lagos does not know how to build an economy, he is only good at rigging election and extorting money from the populace through unreasonable taxes, tariffs and levies in the name of IGR

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by MrGerald(m): 5:47pm On May 12
Racoon:
Even neighbouring African countries parasiting on Nigeria via economic sabotage are rubbing it off on us by rejecting the naira as a means of foreign trade. You can steal mandate but can't govern with it.
Years back cfa countries sees naira as alternative to dollars, they rush naira at any point it was available. Naira and dollars controlled cfa then. I started using cfa around seme and idiroko borders when 1,000 cfa is less than 200 naira but today reverse is the case, cfa1000 equals about 2000 naira, very bad.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by DOM7: 6:22pm On May 12
Tinubu is working...
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Omodua(m): 9:04pm On May 12
Elusive001:






Over a hundred check points? Are we serious? Imagine this in conjunction with the mad tariffs by nigerian customs. No wonder the price of things will continue to Skyrocket.
Yes. Over One hundred check points. I counted the number last week as I was driving towards Seme Border. So pathetic bro.

And in all this,the officials are after money. No wonder many bribes their way to be posted there. It's a gold mine being posted there. You recoup your investments within months.
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by NLPoliceWoman: 9:46am On May 13
RTR

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Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Spybradd: 11:25am On May 13
This is really serious
NLPoliceWoman:

Again,
Mynd44 Dominique Justwise.
Rule 2

We really wonder what's happening to nairaland and the mods because I remember very well that Seun himself warned you personally on here never to do this kind of reports and that you should be using the report buttons to make reports otherwise you will get banned. We all saw it. But you have continued to flaunt seun's order while the mods watch. Hmm

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by MemphitzDgreat1(m): 6:13pm On May 13
NLPoliceWoman:

Again,
Mynd44 Dominique Justwise.
Rule 2
Mannabbqgrillz, you're a f**king coward!!
Dumbass Tinubu cuksucker!!

1 Like

Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by MemphitzDgreat1(m): 6:14pm On May 13
Sirianese:


Helinues is lower than a monkey, just like that subhuman , cursed creature
Anybody who disagrees with you is a f**king bastard!
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by NLPoliceWoman: 10:11pm On May 13
MemphitzDgreat1:

Anybody who disagrees with you is a f**king bastard!
Mynd44 Dominique Justwise.
Rule 2
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by MemphitzDgreat1(m): 10:24pm On May 13
Spybradd:
This is really serious


We really wonder what's happening to nairaland and the mods because I remember very well that Seun himself warned you personally on here never to do this kind of reports and that you should be using the report buttons to make reports otherwise you will get banned. We all saw it. But you have continued to flaunt seun's order while the mods watch. Hmm
He's Nairaland's resident fool naaaaa!!
E nor go better for the mod wey go respond to his stupid calls for a ban on me!

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Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by Exceed15: 3:19pm On May 22
aviara:


The sagacity of the man who built Lagos does not know how to build an economy, he is only good at rigging election and extorting money from the populace through unreasonable taxes, tariffs and levies in the name of IGR

Do I blame him?
Re: Nigeria’s Neighbours Reject Naira, Opt For CFA, Dollars by blueAgent(m): 12:45pm On May 25
livinbygrace:
If you still dey doubt am,all the Ashawo wey dey francophone countries now dey reject naira,infact if you want to see your early grave,tell any Ashawo for these countries say you go give am Naira,them come back with your experience.

This your commodity (Ashewo) get as e be grin grin

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