Demmocrats:
Photoshop oh

sonnie10:


Your calendar is either Chinese or in fast forward mode. Please do the needful.

Chestar5:


happy new year

Bevista:
The CBN is trying to make the importation of these items a lot more expensive for the importers, since they now have to source for Forex from the 'underground' market.

The ultimate aim is to encourage local manufacturing of these particular set of items, which will create employment in the process. The CBN has already met with Manufacturers Association of Nigerian (MAN) to explain the rationale of the policy to them and to encourage them to take advantage of the opportunity that will be created by the supply gap. Remember, local production usually suffers when the cost of importation is lower than the cost of local production.

The negative implication is that these items will become expensive in the short term due to high import cost. However, in the long term, when local manufacturers have ramped up production, prices should fall back again - with the extra benefit of job creation. Central Bank monetary policies are usually a balancing act - there is always a tradeoff of some pain for a greater good.

The other benefit is that this will ultimately reduce demand for foreign exchange, leading to a strengthening of the Naira and an improvement in Foreign Reserves.

Bevista:
The CBN is trying to make the importation of these items a lot more expensive for the importers, since they now have to source for Forex from the 'underground' market.

The ultimate aim is to encourage local manufacturing of these particular set of items, which will create employment in the process. The CBN has already met with Manufacturers Association of Nigerian (MAN) to explain the rationale of the policy to them and to encourage them to take advantage of the opportunity that will be created by the supply gap. Remember, local production usually suffers when the cost of importation is lower than the cost of local production.

The negative implication is that these items will become expensive in the short term due to high import cost. However, in the long term, when local manufacturers have ramped up production, prices should fall back again - with the extra benefit of job creation. Central Bank monetary policies are usually a balancing act - there is always a tradeoff of some pain for a greater good.

The other benefit is that this will ultimately reduce demand for foreign exchange, leading to a strengthening of the Naira and an improvement in Foreign Reserves.

Bevista:
The CBN is trying to make the importation of these items a lot more expensive for the importers, since they now have to source for Forex from the 'underground' market.

The ultimate aim is to encourage local manufacturing of these particular set of items, which will create employment in the process. The CBN has already met with Manufacturers Association of Nigerian (MAN) to explain the rationale of the policy to them and to encourage them to take advantage of the opportunity that will be created by the supply gap. Remember, local production usually suffers when the cost of importation is lower than the cost of local production. GOD bless you sir, this is the kind of explanation I actually needed. I just knew it needed an economist explanation since they said no ban on importation. My own purpose on NL is to learn thanks a lot

The negative implication is that these items will become expensive in the short term due to high import cost. However, in the long term, when local manufacturers have ramped up production, prices should fall back again - with the extra benefit of job creation. Central Bank monetary policies are usually a balancing act - there is always a tradeoff of some pain for a greater good.

The other benefit is that this will ultimately reduce demand for foreign exchange, leading to a strengthening of the Naira and an improvement in Foreign Reserves.

Jaypea98:

You dont seem to get me. Shoild the phone be on the top surface of the rice in the sack;
Or should i bury/covet/immerse the phone in tha rice before sealing the sack?

Jaypea98:

Do i need to dig the phone into the rice and make it invisible or should i just put the phone on it and cover the bag?
cc kwaraguy

donholy28:
That it destroyed u doesn't mean it will destroy others

damrmd02:
Salam alaikum,my name is Monsurat..glad to be part of these muslim forum..

Jatropha:
Salam alaykum house. My name is Badeeroh; 24yrs from Osun state.......happy to join this forum

zeezahbee:
Salam alaykUm y'all . My name is Azeezah. Happy to join yall.
Eid Mubarak!!! Taqabbal Allahu minna wa minkum. May Allah grant us the full rewards of Ramadan, forgive our sins ,guide us through the right part and grant us all into Al-janah Firdaus.
Happy Eid Mubarak my Muslim brothers and sisters.

gaussy:
Salaam Alaikum. Ibrahim is name, being a member on NL for years now. Just the first time here though. May Allah continue to make it easy for us all.