Fulaboy:
and this dollar isn't helping matters you cant imagine your tuition fee now! try and calculate it

Hmm. Wen dollar was 163 our tuition was about 500+ n now its almost double that amnt.

Popc sef don dey complain

Excellent7:


exposed and magnificent ignorance.

Some of you are just funny,someone is telling you can bring america debit card here and withdraw naira ogaoo some pple shaa.

Ok I get all your point,you can't bring those card here it won't work cos bank over there are not ready to pay any charges on your card the way bank pay master card and visa here,some of this bank are already in debt as a result of some of the silly transactions you do over there with our naira master card,so get it straight.u sound knowledgeable enough do ur finding oga

urchmanx:

Ok thanks for that infor. Back to op stress. Do you also know that most people outside Nigeria didn't have their passport handy because sometimes it takes school a lot of time to process their passport. Just saying.

yes...I've been in similar situation before...but I just asked my mum to send to my friend...then I just followed him to the place and filled in the form and he collected on my behalf...

PS: don't tell your friend the MTCN number...easy you're good to go

SAIIIII BABA..

989900:



Can someone double confirm the part emboldened?

I saw this on GTBs facebook when they replied to peoples post about the ATM issue...they even tweeted me about it...you could check for uour own reference...

Matinho:

You cannot send Western Union from Nigeria.You can only receive.

you can friend, i am currently in turkey and i received money from Nigeria about two weeks

bayulll01:


You stupidity and ignorance no get part 2,firstly ask yourself.

Can you bring america master card or visa and use it here in nigeria.

Can you open a bank and deposit naira in america or other european nations.

Can you use america bank master card and shop here in nigeria,if you can answer those questions first I will help you reset your brain.

N.B there are many loop holes that this current administrator is trying to block since its now paramount that both yam and goat cannot live together,instead let's keep the yam from the goat or both kept apart.

Its a temporary policy,most banks are paying too much for your silly amount you withdraw in another country or your idiocy 5dollar hosting you are paying

Temporary, you say? so why stop domiciliary account payments for receiving money?

DobraDobra:
my guy my advice to u is to call ur bank and ask them I am made to understand dis policy people are making noise about is all lies. Its not true at all so give a call to ur bank and ask

when dem say read news, you no gree... so over 10,000 views to this thread is what?

chinedu1nig:


Read before you comment... connect your mouth to your brain idiot... did you read anywhere ban is placed importation of machines?
this is a welcome policy except your family is into illegal business..

what kind of fool are you? so everyone that receives money is into illegal bbusiness? I am just wasting time and anger that would be vented on Buhari at the right time on you.

voltron:


Open an account that allows foreign currency inflows DOM Account. I don't know how Banks in SA operate but I expect them to follow global standards. I use a US bank and have no problems making payments and receiving same (As Personal Gifts)

I thought one cant receive money with their dom account when this policy is implemented? I have a dom though. So please tell me cos I don't seem to undeerstand

drnoel:
This just affects the debitCards attached to a naira account and not the ones attached to a Dollar account. Pls People should have their informations right. If anyone has contrary Information that can prove me wrong pls paste link.

How does one get the dollar dominated cards? what are the exchange rates like? Please educate me. I already have a dom account so I guess it wont be difficult for me to obtain. Also, will I still be able to receive money into my dom with the implementation of this policy?

fxbot:
I thought one cant receive money with their dom account when this policy is implemented? I have a dom though. So please tell me cos I don't seem to undeerstand

I transfer money to my checking account using my GTbank Dom and so far there are no restrictions

AkinPikin:


Let me try to educate you small my brother.

1. For every $10 a Nigerian spends, $9 comes from crude oil sales by the Federal Government or the national reserves.

2. OBJ left over $70 Billion for Yar'Adua when he left office in 2007. Average oil prices under OBJ was about $65/barrel.

3. Yar'Adua left $65 for GEJ when he died in 2010. Average oil prices under Yar'Adua was about $45/barrel. Remember oil fell to as low as $38/barrel in 2009? Most of the $5 to 7Billion that Yar'Adua spent was to defend the Naira during the global crisis of 2009, save the banks that fell into trouble in 2009, and fund the amnesty programme for the Niger Delta militants. Notice again the difference between what OBJ and Ya'Adua made from oil.

4. GEJ on the other hand, left $29Billion for PMB. Average oil prices under GEJ was $92/barrel. There were months when oil sold for as high as $130/barrel. For 3.5 years (2011 to June 2014), GEJ sold oil for over $100/barrel. For your information, GEJ presided over the richest years in Nigeria's history, yet he ate what we were to have saved and even ate what was handed over to him.

I have told every one who had ears that whoever takes-over in June 2015 was going to see hell - whether it was GEJ or PMB.

I am at least glad that we have removed the bastard that brought our dear country to this sorry state.

PMB can only work with what he has been handed with. That is why he is chasing corrupt people, looking for money to fund the budget and meet his electoral promises. Government is a continuum. The problem we have now was handed over to us by GEJ and his band of rogues. You think we would be where we are today if his government had saved $100Billion in reserves?

I am no ethnic or religious jingoist. I voted for GEJ in 2011. I deeply regret doing so now. I have friends that have lost jobs because of the man's stupidity since late last year.

As they say, opinions are free, but facts are sacred.

I respect your level of maturity and information.

AbuMaryam1:
Most of those bashing me are self centred, we are talking about national interest. I've a well established business abroad to those who are calling me guard man. If our local industries are not making huge sales how would they sound good. The Nigeria of today is living outside it nationhood. We lack patriotism, anything made in Aba will not be your paramount in your purchasing list. We want to develop how can we develop when we dont appreciate our God giving talent. The policy has come stay, all those schooling abroad must come back, all those going for medicine abroad must come back, all those going tourism abroad come here we have it here.
Review yourself don't insult or names calling.

there is a reason why most of us who can afford to use foreign will not want to use made in nigeria goods.
Apparently there seems to be an urgent and dangerous lack of quality with respect to goods made in Nigeria.

There is generally a a complete conondrum and lack of direction with respect developing our made in nigeria goods to meet international standards or even conform to a a so called nation standard i.e. SON.

This lack of quality seems to be a contagious quality going as far as spreading across the mindsets of my fellow country men.

I am not a mad person and will not tolerate or accept an inferior life using inferior goods living in an inferior country run by inferior minds listening to inferior thinking.
If you want to live that kind of life please feel free to live and voice your opinions, but please take note, we dont all share in your excessive enthusiasm to live and die of foolish and unneccessary hardships caused by the greed and advanced stupidity of our leaders.

Thank you........

voltron:


I transfer money to my checking account using my GTbank Dom and so far there are no restrictions

You mean transfer to your current account right? can that be done online? My accounts with GTB are only savings and dom account. I should get a current account right?

fxbot:
You mean transfer to your current account right? can that be done online? My accounts with GTB are only savings and dom account. I should get a current account right?

I use a current account.. yes

ImpactWorld:


Unfortunately, it is one and the same thing afterall.
Look at this scenario:

Already, dollar deposits has been banned months ago. This means you cannot credit your dorm accounts.

Secondly, there are no dollars available to buy even if dollar deposits were possible.

In essence, naira accounts were the only options for transacting abroad.

And now, even that will not be possible.

I used my dom account to receive money few days ago... stop spreading lies

santos247:
Those who asked which party i voted for may have this to toy with....

I voted Change..PMB/PYO.

Have we quickly forgotten that this is a CBN policy and not a PMB directive? Who appointed the CBN boss? Is this not a remnant of cluelessness??

help me tell them

bayulll01:


Some of you are just funny,someone is telling you can bring america debit card here and withdraw naira ogaoo some pple shaa.

Ok I get all your point,you can't bring those card here it won't work cos bank over there are not ready to pay any charges on your card the way bank pay master card and visa here,some of this bank are already in debt as a result of some of the silly transactions you do over there with our naira master card,so get it straight.u sound knowledgeable enough do ur finding oga

Foreign Cards work in some places such as intercontinental hotel, and places frequently visited by foreigners.

It's not a 'foreign bank' problem it's an acceptance problem. Our pos are configured to run in naira for instance my friend came and ate here for N300 and it charged her bank as $300 so many pos here in Nigeria automatically blocks $ transaction as the back end cannot do the conversion.

Has nothing to do with charges but more to do with inter switch and their configuration. Visa and MasterCard staff have staff who are working full time on acceptance to rectify this although they are meeting resistance from interswitch

You can meet any epayment practitioner in the banks or a staff at MasterCard or visa to enlighten you properly

fxbot:
I used my dom account to receive money few days ago... stop spreading lies

What he or she means is you cannot for instance walk into Gtbank and deposit money over the counter to your dom account.

Of course you can receive inflows from anywhere but you can't walk in to the counter and fund your Dom account

uchetobi:


Foreign Cards work in some places such as intercontinental hotel, and places frequently visited by foreigners.

It's not a 'foreign bank' problem it's an acceptance problem. Our pos are configured to run in naira for instance my friend came and ate here for N300 and it charged her bank as $300 so many pos here in Nigeria automatically blocks $ transaction as the back end cannot do the conversion.

Has nothing to do with charges but more to do with inter switch and their configuration. Visa and MasterCard staff have staff who are working full time on acceptance to rectify this although they are meeting resistance from interswitch

You can meet any epayment practitioner in the banks or a staff at MasterCard or visa to enlighten you properly

I don't understand you, specifically the emboldened.

fxbot:
I respect your level of maturity and information.

when popsi send them to school them use the time de flex with ogbanje girls...basic economics 101 they cant understand

fxbot:
I used my dom account to receive money few days ago... stop spreading lies

receiving money into your DOM account (inflow) and depositing money into your DOM account are 2 different things bro...be informed

uchetobi:


What he or she means is you cannot for instance walk into Gtbank and deposit money over the counter to your son account.

Of course you can receive inflows from anywhere but you can't walk in to the counter and find your Dom account

okay. Ah... thanks. I usually buy digital products. How will that be possible now with this policy?

fxbot:
I don't understand you, specifically the emboldened.

He said if you bring your international card here and try to make payment in naira it won't work because these foreign banks don't want to pay charges.

Just refuting that, cuz it's not true.

It works in places were the merchants have gone out of their way to give them pos deliberately configured to accept international cards

uchetobi:


Foreign Cards work in some places such as intercontinental hotel, and places frequently visited by foreigners.
sterCard or visa to enlighten you properly

Finally someone already in my level,the truth of the matter is many thing is so wrong in this country,we finally have someone who is trying to put things in line and some are wailling,this policy is affecting me but on the long run it will end in joy.

To those that are spweing trash I only pity you guys,some of you don't face the reality,you all live in denial and deluded.

My lady your follower just increased

Someone people here though went to school but are very funny human,I won't say they are silly,the truth of the matter gej and his co criminals has finished this nations,they loot,loot and looted our next generation unborn,this is just the chain reactions of corrruptions that has finished this nations.

@akin rightly pointed out,when oil was sold above 140per barrel,we discover that our money is always looted by gej and his uselesssss group.

Have you ever wonder why there was no development,no idea,no creativity,no infrastructures,all these money has been looted and stashed in foreign account.
The banks are worst they support corruptions,they will give senators loans but will ask for collateral from young graduate farmer,let baba finished with them.

My advice to bubu,provide the basic amenities,solve the fuel issues,power and let there be food,and jail all those criminals

fxbot:
what kind of fool are you? so everyone that receives money is into illegal bbusiness? I am just wasting time and anger that would be vented on Buhari at the right time on you.

Dignifying you with a response will put me in same position as you.

YerYer:
Transfer the funds into someone's account in naija and have them send it to you via western Union or money gram. You might also consider buying paypal funds, not sure if paypal is used in South Africa.

Good luck.

can we send western union from naija now? Last time I checked u can only receive.

JayJustus:



yes...I've been in similar situation before...but I just asked my mum to send to my friend...then I just followed him to the place and filled in the form and he collected on my behalf...

PS: don't tell your friend the MTCN number...easy you're good to go

I am not a student now. Just trying to make sure you understand the situation at hand. Because I have been in such situation before and trying to put it in place of the place. See next time.

LordAdam:


You stay abroad shebi? Uya mind your business. As long as you are not directly affected by the policies. Shut your trap!

See ya mouth like made in Nigeria products. The machines to make the products, where will they come from? How will the manufacturers pay for them? How many products do we produce now? How many do you think we would start producing all of a sudden? What do you even think we can produce in Nigeria that we are not already producing. Guy hold yourself oo...

-Lord

maryam is a girl's name

eroticboy:


there is a reason why most of us who can afford to use foreign will not want to use made in nigeria goods.
Apparently there seems to be an urgent and dangerous lack of quality with respect to goods made in Nigeria.

There is generally a a complete conondrum and lack of direction with respect developing our made in nigeria goods to meet international standards or even conform to a a so called nation standard i.e. SON.

This lack of quality seems to be a contagious quality going as far as spreading across the mindsets of my fellow country men.

I am not a mad person and will not tolerate or accept an inferior life using inferior goods living in an inferior country run by inferior minds listening to inferior thinking.
If you want to live that kind of life please feel free to live and voice your opinions, but please take note, we dont all share in your excessive enthusiasm to live and die of foolish and unneccessary hardships caused by the greed and advanced stupidity of our leaders.

Thank you........

Uncle, if we didnt patronize how our manufacturers would conform with SON? At least we have to buy to boost their morale and makes them competitive. You have forgotten our attitudes towards local products create a vacuumed with the so called international standard. My point let's appreciate the effort of our industries and participate morally and economically they will prosper one day. The government of the day is determined to revert this country to the path of glory considering what's on the ground. Most of these initiation are made by previous govt, but because of the political implication they felt to implement them. Let's tell ourselves the truth these are policies designed to make Nigeria project work , they're very difficult , but approaching them is the best thing to do.