ADAMUdaCOWBOY:

And where did his policy lead us to. Crap

Reyginus:
Lol. And this here is the effective system? I don't really think you know because if you do you'll see that changing the naira wouldn't change the dollar a corrupt man has at home.

I know we all want Buhari to perform and do better than Jonathan but then when we see an unintelligent policy our belief in him shouldn't prevent us from pointing it out. Give me a certain amount let me show you how I will change if I actually want to take that option.

okeybarca:
Do u see ur level of understanding. Sorry

chiboy11:
If u tink politicians stock money in naira den ure a big clown, if he change d color of Naira make him go change Dollars n pounds colour, bunch of mofos all of u, I don't kno if u pple don't kno ow much it takes to change a curency, waste dullard

sukkot:
you are the one stuck on stupid. you think you can move billions around in this world illegally ? you must be out of your mind. thats why jonathan said any money stolen is known by the usa. paper trails

sukkot:
the system is being built. you are not privy to all the moves buhari is making. in the fullness of time everything will bubble to the surface and you will be confronted with an air-tight system that you cant break. just wait for it. many moves are happening. buhari is not taking all these trips abroad because he is a tourist. but you will get to find out in due time

sukkot:
thats not the point. the point is if you have 2 billion dollars at home and yes there are politicians with warehouses full of billions of dollars ( where do you want them to keep it ? you cant keep that kind of money in europe ), and with this amount of money, once a change is implemented to the naira , you are stuck with your billion dollars. yeah you can attempt to change it 5000 dollars at a time but there is not enough days in a year for you to change 2 billion dollars when you are changing it in small amounts

Reference:


In 1984 they caught many thieves then what.....

What is the end game in 'catching many thieves'.

400billionman:


Now that he has told us. If i have N2bn at home, what stops me from going to the bank right now ?

That man nah bingo...

Having a form of anti corruption but lacking sense in its entirety..

gentleoyink:


Let us reason this sukkot.

1. People who have looted, keep most of their loots in Foregin currencies and by acquiring assets.
2. You posited that they would have to change the money to Naira in order to spend it, that is true.
3. But what you failed to consider and state, which I think is deliberate is that even if the colour is not changed, the dollar still needs to be converted to Naira in order to spend it.
4. So your position that if the colour is changed, it will enable the government catch those who would want to spend their dollar by changing it to Naira does not hold water or better put, it beats logic.- it will take the government the same energy and effort to catch those even if the colour is not changed.
4. By the way, why the tribal jokes? I thought you were a lot smarter.

sukkot:
black market has billions of dollars ? stop smoking weed. even if you want to change 50,000 in black market they have to pull many strings and you have to make an appointment and they have to go look for the money, several malo will have to coalesce their funds etc etc. bros abeg no dey talk wetin you no sabi. i have attempted to change huge amounts.

Sappyman:
This is a welcome development because this is the first step in tackling corruption in this country. As we all know our politicians have stuck billions of naira in soak way and don't put their money in bank to avoid being traced. We should all give it a support.

Reyginus:
This is better. It's not telling me that changing naira notes will defeat corruption.

Reyginus:
What if the billions have been converted to Dollars?

hotice01:

Pls I employ you to think like an educated person living in 2015!
Do you even know how the black market and underworld works?
Do a comprehensive research before displaying your myopic mind here.
FYI GEJ era is history,let's concentrate on the present and future.
I won't reply your mentions again,except you have something really intelligent to back up your assertions.

Volksfuhrer:


How do you carry 2B Naira cash to the bank, without EFCC beckoning you for explanation? Even if you are going to split it up into fragments, what makes you think some money launderers are not agents of EFCC! The higher the number of those involved, the more probability of being caught.

The currency change is not as clueless as you are insinuating. It is one of money hoarders worst nightmares.

lagmostkuit:

Baba no mind ur papa jere

lagmostkuit:

Baba no mind ur papa jere

400billionman:


I said it earlier. As i have read this and assuming i have N2bn at home now, what stops me from going to 10 banks tomorrow and opening new accounts or visiting 5 BDC guys to stock dollars, pounds and Euro ?

Buhari still reasons with 1960 mentality and his supporters are also forced to do so.

sukkot:
it will not defeat corruption 100 percent but it will defeat it 80 percent. i think 80 percent is a good ratio. thats a win. no country in this world can corruption be 100 percent defeated but if you can minimize it then you have won the battle. and buhari will win that battle

Volksfuhrer:


How do you carry 2B Naira cash to the bank, without EFCC beckoning you for explanation? Even if you are going to split it up into fragments, what makes you think some money launderers are not agents of EFCC! The higher the number of those involved, the more probability of being caught.

The currency change is not as clueless as you are insinuating. It is one of money hoarders worst nightmares.

efilefun:
You can't get dollars from local banks again except you go through cbn and there's limit on how much you can get.

Reyginus:
Lol. And you cannot distribute the dollars among twenty of your close friends and each changing it more than five times in a day in different black markets and in different banks? Lol.

And besides before we use a lie. Please, tell me, who keeps billions of dollars at home? And also tell me, why would he want to change the billions of dollars? As in, what business is this that will require a cash payment of billions and in its naira equivalent?

searching4love:



I don kolo


I don kolo

sukkot:
yes i know how the black market and underworld works. i have lived on 3 continents and have hung around major nigerian drug dealers in chicago ( google kafi of chicago the biggest drug dealer. a yoruba woman who had a shop on broadway and foster in chicago ). i have hung around nigerian drug dealers who do 4 million dollar sales of drugs daily. they are all sitting in jail now because they tried to launder their money and got caught. trust me i have been there. i have laundered money mysef in chicago and i can tell you it is the hardest thing to do

Reyginus:
Lololololol. I don't think you even understand where you are standing. Let me help here.

Before a dollar is spent in a naira equivalent it must first of a be changed to naira. That is, irrespective of whether the naira notes are changed or not. So tell me, how will the change stop reduce corruption if in both case you will still have to change the dollars before use here?