| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Konquest: 12:34pm On Jun 22 |
|
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by BondRiv: 12:39pm On Jun 22 |
ultimatebas:
How do you know the US is very corrupt? Where are your evidences of massive corruption in the US? Kindly name three sectors in the US that are fantastically corrupt. Kindly refer to Corruption Perception Index of countries to see where the US is positioned. Have you been there before? Please be factual when making statements. There are consequenses for making such careless allegations. Look at this one. Living under a rock? Corruption in the USA is widespread and seen in their justice, financial and political systems. Even U.S. citizens bemoan that fact. 1 Like 1 Share |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Konquest: 12:43pm On Jun 22 |
Difrent:
Not Binance but the manipulators on Binance.
What value does the naira have that it will be the second most traded currency after the US Dollar on most crypto exchanges, nothing drives that except Speculation and it will be foolish to allow the greed of a few citizens affect the rest of us , so the government is doing very well with this case.
Those US lawmakers were lobbied by Binance , which is perfectly legal, but where their advocacy fall flat is Binance is facing similar charges in US and it's CEO was just sentenced after agreeing to pay a heavy fine..... If US can do that nothing will stop us, not even US Congress |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Konquest: 1:23pm On Jun 22 |
franchasofficia:
Since Binance P2P was banned, over 3 months now, has Naira regained its value?
You guys are chasing wind.
Binance is not the cause of Nigeria's currency devaluation.
First, Abokifx .com was blamed, that one stopped updating rates since last year and the problem persisted.
Its unfortunate that some Nigerians have allowed these corrupt charlatans in APC government to be deceiving them that it is Binance and currency speculators that made Naira value to fall.
The number one reason Naira value fell is the floating of Naira by Bola Tinubu; our economy is so dependent on import and FX to float the dollar without watering the ground first.
The next reason for Naira free fall is pressure on dollar in Nigeria due to excess dependence on importation, especially petrol importation.
Petrol importation alone gulps more than 60% of the dollars available to Nigeria, then other importation follows.
What a reasonable government with sensible and financial expert cabinet should have done is to study the system before taking the hasty actions Tinubu took on his inauguration just to show that he is an action President.
1.) Tinubu shouldn't have removed petrol subsidy without studying and understanding the implications and how to curtail them from crippling Nigeria's economy.
2.) Tinubu shouldn't have floated the Naira the same time he removed petrol subsidy.
What Tinubu should have done
1.) Legalise all those illegal refineries in Niger Delta instead of allowing overzealous Nigerian securities to burn them down. Legalise them and tell them to start paying tax and give them a window period to move into clean refining to avoid environmental issues
2.) Have an urgent meeting with all the 36 stage Governors and give them a mandate to establish a modular petrol refinery in their states, if it will be difficult for those in the North, you can mandate only those in the South while those in the North are mandated to organize solid mineral mining in their states in collaboration with Minister of Mining, this will further tackle insecurity in the form of Banditry in the North
3.) Have a meeting with Aliko Dangote and ask him to tell you the truth of when his refinery would start producing petrol and find a way to get him to sell to Nigerian market at a discounted rate in exchange for tax haven for a stipulated number of years
4.) Declare Presidential emergency on insecurity especially on Farmer herder clashes and set up a Presidential security taskforce to be headed by yourself, if possible, hire some foreign mercenaries to assist for a stipulated number of months to deal with the issue.
Stand on your ground and tell Fulani herdsmen that the era of rearing cattle via open grazing is over, criminalize it and find ways to assist them transform fully into ranching.
5) Hasten on State Police implementation to boost internal security at least. Because the federal policing system is no longer working and can no longer secure Nigeria internally. Whatever negative effects of State Police can never be compared to the positive effects.
State Policing will help Nigeria to enforce anti open grazing law and it will be up effective than federal Police.
6.) Set up a special taskforce on Agriculture and food production aimed at finding working solutions to help Nigerian farmers to return fully back to farming and also how to attract youth farmers into the system through mechanization, improved security and other incentives.
7.) Find way to get most Nigerian homes, especially those in the cities to move to solar energy system in their homes and offices through partnering with ministry of science, PHCN and other stakeholders to subsidize solar panels and quality batteries and inverters, so that more Nigerian homes and offices will be powered by solar energy, which would reduce the pressure on our national grid and reduce petrol and diesel consumption in Nigeria.
Once you do these things, monitor their progress closely and believe me, there will be super result and dollar will crash and we wouldn't have been in the mess we are in as a country today chasing shadows in the name of fighting corruption that has never helped Nigeria since EFCC was set up.
Tinubu can still implement these ideas, I am open to give them more workable ideas to help revive Nigeria's dying economy You largely made very VALID points there, but some are partly incorrect. I don't agree with the legalization of those crude ILLEGAL refineries because they are being operated by criminals and pipeline vandals who steal crude oil, boil it in open drums and pollute the environments of the oil-producing communities in the Niger Delta. Only petrol is produced from those illegal refineries thereby wasting the stolen crude oil potentials. One commendable thing I've noticed about you is that you atimes criticize the current governments of Nigeria and offer some realistic solutions, unlike some other extreme ethnic bigots and neurotic losers who just derail threads, insult and criminally defame those in government. Constructive criticism with less insults and more realistic solutions are KEY points here! Just to add here for you and others reading this, a brand new mega NNPC CNG refill station/plant in Lagos State has just been opened in addition to the new NIPCO CNG refill stations to sell CNG at the rate of N200 per standard cubic feet. Also, the brand new multimillion dollar CNG station plant opened to the public on May 30, 2024 in the Isolo Industrial Estate, Ilasamaja, Lagos State. The Facility has dispensing points for filling cars, buses, trucks, and tricycles, utilising CNG, and can fill about 3,700 cars or 600 trucks/buses every day, thereby providing a constant supply of CNG. Other CNG/refill station plants like that are scheduled to be opened in other geopolitical zones in Nigeria. I read online that several happy car owners and truck drivers have started buying cheaper CNG fuel from that NNPC fuel station. A delighted woman who was interviewed said she spends slightly less than N4,100 now to fill up her car with the NNPC CNG unlike the roughly N28,000 she has been spending to fill up her car with PMS. So, for those who are able to convert their cars and trucks to use dual CNG and PMS OR CNG and diesel in Lagos and Ogun States, they will readily CNG in Lagos thereby leading to a sharp drop in the cost of doing business.=> https://x.com/nnpclimited/status/1801161967031271679?t=nfN1JREdVmTxLiWOyNOLNw&s=19https://www.premiumtimesng.com/news/703956-nigerians-react-as-nnpc-begins-cng-sale-in-lagos.html=> https://punchng.com/fg-to-subsidise-cng-conversion-kits-by-50/Second, with the Dangote Petrochemical Refinery PMS production and distribution scheduled to begin from the 17th of July, 2024, the two types of fuel (CNG and PMS) would SIGNIFICANTLY reduce the cost of transportation of people and food items. A lot of people in Nigeria have horrendous stories about not being able to buy expensive drugs and feed properly and it makes me wince atimes. They also have been too engrossed in the pressures of surviving daily that they aren't paying attention to the good news coming out the CNG sector (from the ending of May 30, 2024 to the start of June 2024) and the impending PMS production and distribution which Dangote gave a final pledge would start in the middle of July 2024. Diesel and Aviation fuel price dropped to below N1,000 per litre when Dangote Petrochemical Refinery started production in 2024 as well. Only two African countries, Algeria and Libya currently refine their crude oil without importing any drop of fuel, so, with Dangote Petrochemical Refinery coming on stream, Nigeria would NOT import a single drop of refined fuel from refineries abroad again. After meeting the local daily demand for refined fuel in Nigeria, Dangote Refinery would be able to supply many countries with refined fuel thereby earning FX from exports. These answer some of your major questions. Cc: @madridguy |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Difrent: 2:51pm On Jun 22 |
Laurene:
You guys are pitching your messaging to "his boss was also held bla bla bla"... But you forgot the context of his offense is totally different. Which is ? |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Kelvin30286063(m): 3:54pm On Jun 22 |
Difrent:
Not Binance but the manipulators on Binance.
What value does the naira have that it will be the second most traded currency after the US Dollar on most crypto exchanges, nothing drives that except Speculation and it will be foolish to allow the greed of a few citizens affect the rest of us , so the government is doing very well with this case.
Those US lawmakers were lobbied by Binance , which is perfectly legal , but where their advocacy fall flat is Binance is facing similar charges in US and it's CEO was just sentenced after agreeing to pay a heavy fine..... If US can do that nothing will stop us, not even US Congress Well said, I'm glad someone saw through what they (US) are trying to do. They can sentence the CEO but we can't charge the executive for causing damages to our currency when in the actual fact they are not even a registered business in Nigeria? Absolutely no. He has to face the music. 2 Likes |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by bigiyaro(m): 4:13pm On Jun 22 |
2mch:
It’s very simple, let Binance provide Nigeria with the details of the speculators and the people who laundered money through their platform. The guy will have been free since. Stop crying to Nigeria, let the wife sue Binance in the US. If I said you should return what you collected from someone, will you return anything? Of course not, cos you did not collect anything from anybody. It's cardoso that is blabbing his nonsense. Who else can do a 28 billion dollar transaction if its even true if not APC and government officials? |
|
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by mcprince32(m): 9:25pm On Jun 22 |
Always defending to the point of depending.
Now, FG is known for defence.
Like finding what they are holding in a mirror. |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Okoroawusa: 9:57pm On Jun 22 |
franchasofficia:
Since Binance P2P was banned, over 3 months now, has Naira regained its value?
You guys are chasing wind.
Binance is not the cause of Nigeria's currency devaluation.
First, Abokifx .com was blamed, that one stopped updating rates since last year and the problem persisted.
Its unfortunate that some Nigerians have allowed these corrupt charlatans in APC government to be deceiving them that it is Binance and currency speculators that made Naira value to fall.
The number one reason Naira value fell is the floating of Naira by Bola Tinubu; our economy is so dependent on import and FX to float the dollar without watering the ground first.
The next reason for Naira free fall is pressure on dollar in Nigeria due to excess dependence on importation, especially petrol importation.
Petrol importation alone gulps more than 60% of the dollars available to Nigeria, then other importation follows.
What a reasonable government with sensible and financial expert cabinet should have done is to study the system before taking the hasty actions Tinubu took on his inauguration just to show that he is an action President.
1.) Tinubu shouldn't have removed petrol subsidy without studying and understanding the implications and how to curtail them from crippling Nigeria's economy.
2.) Tinubu shouldn't have floated the Naira the same time he removed petrol subsidy.
What Tinubu should have done
1.) Legalise all those illegal refineries in Niger Delta instead of allowing overzealous Nigerian securities to burn them down. Legalise them and tell them to start paying tax and give them a window period to move into clean refining to avoid environmental issues
2.) Have an urgent meeting with all the 36 stage Governors and give them a mandate to establish a modular petrol refinery in their states, if it will be difficult for those in the North, you can mandate only those in the South while those in the North are mandated to organize solid mineral mining in their states in collaboration with Minister of Mining, this will further tackle insecurity in the form of Banditry in the North
3.) Have a meeting with Aliko Dangote and ask him to tell you the truth of when his refinery would start producing petrol and find a way to get him to sell to Nigerian market at a discounted rate in exchange for tax haven for a stipulated number of years
4.) Declare Presidential emergency on insecurity especially on Farmer herder clashes and set up a Presidential security taskforce to be headed by yourself, if possible, hire some foreign mercenaries to assist for a stipulated number of months to deal with the issue.
Stand on your ground and tell Fulani herdsmen that the era of rearing cattle via open grazing is over, criminalize it and find ways to assist them transform fully into ranching.
5) Hasten on State Police implementation to boost internal security at least. Because the federal policing system is no longer working and can no longer secure Nigeria internally. Whatever negative effects of State Police can never be compared to the positive effects.
State Policing will help Nigeria to enforce anti open grazing law and it will be very effective than federal Police.
6.) Set up a special taskforce on Agriculture and food production aimed at finding working solutions to help Nigerian farmers to return fully back to farming and also how to attract youth farmers into the system through mechanization, improved security and other incentives.
7.) Find way to get most Nigerian homes, especially those in the cities to move to solar energy system in their homes and offices through partnering with ministry of science, PHCN and other stakeholders to subsidize solar panels and quality batteries and inverters, so that more Nigerian homes and offices will be powered by solar energy, which would reduce the pressure on our national grid and reduce petrol and diesel consumption in Nigeria.
Once you do these things, monitor their progress closely and believe me, there will be super result and dollar will crash and we wouldn't have been in the mess we are in as a country today chasing shadows in the name of fighting corruption that has never helped Nigeria since EFCC was set up.
Tinubu can still implement these ideas, I am open to give them more workable ideas to help revive Nigeria's dying economy Don't worry when we make you president you can implement all of the above. For now, neither you nor the person you supported in 2923 election is the president |
| Re: Binance: Federal Government Replies US Lawmakers On Tigran Gambaryan by Cjrane2: 10:05pm On Jun 22 |
Abeg, Wetin councern us?
Barack Obama misused American power to enthrone a known Jihadist called Buhari for whatever sinister reason behind the urge to destroy Nigeria's economic rise and emergence as a true middle income country in the world.
Buhari then enthroned Tinubu who said US citizens in Binance be thief. So wetin concern us with their quarrel? |
