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Nairaland Forum / Nairaland / General / Business / I ‘ll Name Those Behind Forex Crisis, If … Says Ubah (47789 Views)
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Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by arsenal33: 11:18pm On Feb 23, 2016 |
Atlantian:you should be birthed in syria 3 Likes |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Teddeebear: 11:21pm On Feb 23, 2016 |
Agubushmenyo:hahaha what of liars who said it was GEJ … |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by PreyingMantis(m): 11:22pm On Feb 23, 2016 |
danot1030:He's not only hungary for VIP attention, he's also Romania and Latvia for Buhari's recognition. Illiterates everywhere! 2 Likes |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Nobody: 11:26pm On Feb 23, 2016 |
APC is deliberately causing the artificial rise,they have all their money in dollars which they are supplying to black market. If I tell you guys my theory,I guarantee it will make a lot of sense. |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by PEREP: 11:30pm On Feb 23, 2016 |
Agubushmenyo: It is Cluelessness on the part of this administration to have no iota of solution in the face of over-Priced USD and it takes an individual citizen to play the mind game and there was a free fall. Though from all indication, the free fall will only be a function of Nigerians heeding to his voice to shun the dollar. How far we will go without dollar in an import dependent economy is left for the imaginations. There must be deliberate step by the government to create business opportunities that willl generate FX (Solid Minerals, Gas, Coal, Bitumen and the likes are still available) ............. |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by TheGoodJoe(m): 11:33pm On Feb 23, 2016 |
[b]Nigeria must pick an option before it is too late. This fact is corroborated by the alarm raised by Professor Wole Soyinka who said Nigeria’s needs an urgent economic conference to arrest the present explosive drift. For me, another conference is not the solution. Nigerians are tired of the endless confabs with attendant communique that end up in the dustbin of history unimplemented. What is urgently required is a practical team that will proffer practical solutions that are practical to be executed. It is the same way I can’t feel any sense of urgency or desperation on the part of our economic experts in the Ministry of Finance and the Central Bank. It seems obvious that there is a kind of lackadaisical attitude on their parts while the Naira is busy dancing kpalongo on the parallel market. May be the time has come for the President to wield the big stick in the finance circuit. What is going on is too disgraceful and unthinkable. If something is not done urgently, the consequences may be too grave for our country... Dele Momodu[/b] 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by abeljohnsa2: 11:33pm On Feb 23, 2016 |
Sunnycliff:You keep fighting back whoever comment against your statement. What do you mean by [b]"please don't rescue this guys..."? [/b]When i ask if u are a Nigerian now u will say yes. Stop fighting back. Just apologize or accept your mistake and ignore. Habah! 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by dexcy(f): 11:38pm On Feb 23, 2016 |
Alertz3: |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by pulsa(m): 11:38pm On Feb 23, 2016 |
Dudeweedlmao:what are you insinuating USA budgets 1 trillion dollars per year has a GDP of 20 trillion dollars and bill gates is not even worth up to a 100 billion dollars 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Krismart(m): 11:39pm On Feb 23, 2016 |
fyneguy:Why can't u help or are u not a Nigerian? |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Alal(m): 11:39pm On Feb 23, 2016 |
Did he not know that it is now 260 to 1 dollar as at this evening. And it will still drop. 2 Likes |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Krismart(m): 11:43pm On Feb 23, 2016 |
fyneguy:What he is only asking for is government's protection as the people behind this will definitely come after him. He is using his brain and so should u |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by lastpage: 11:48pm On Feb 23, 2016 |
airsaylongcon: That one was ACTUALLY CLUELESS~! It wasn't an insult. You can insult me ........but please dont call me GEJ! Lastpage! 4 Likes |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Mboi: 11:49pm On Feb 23, 2016 |
Agubushmenyo:Yes it is because of Buhari's cluelessness. He called BDCs thieves and fraudsters and directed CBN to stop selling dollars to them that is why we have fake free fall of Naira thereby causing hardship to the massess. According to them, selling forex to BDCs depletes Nigeria's forex reserve. CBN released news that they will start selling dollars again to BDCs @ $400,000 every week because they have seen the impact of removing them from business coupled with what Ifeanyi Uba said and the naira started appreciating immediately. So if Bubu is not clueless he will know that BDCs play very vital role in Nigerian economy in terms of foreign exchange. In a week, a commercial bank can have forex demand from it's customers of about $90m to $500m, since CBN does not sell enough forex to commercial banks, they use BDCs to meet their customers demands for forex. 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Krismart(m): 11:49pm On Feb 23, 2016 |
eleko1:Bro we are talking of exposing some strong government officials. I think Ubah is indirectly asking for government's protection before saying anything cos they will definitely come after him. This is politics for u 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by isaacgravity(m): 11:52pm On Feb 23, 2016 |
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Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by pulsa(m): 11:57pm On Feb 23, 2016 |
pDude: you mean Stalin's Russia period, damn the KGB would have openly had their crude fun with him by now. even in present day Putin's Russia he would have long been dealt with by now, covertly though. 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by lastpage: 11:57pm On Feb 23, 2016 |
Dudeweedlmao: Until he can pay the arrears of FOUR MONTHS staff salary (Coaching crew) and that of his players at his club, until then, PMB is not even hearing his rants! His "level" nor pass that of a dubious businessman seeking undue attention! PMB is on "Earphones"! Lastpage!
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Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by airsaylongcon: 11:58pm On Feb 23, 2016 |
lastpage: I'm not arguing if it was an insult. The word "clueless" is an adjective and can be used to describe anyone GEJ or Buhari. So no one should be tripping of Buhari is called clueless. Its just and adjective |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by JOSSYAA(m): 12:03am On Feb 24, 2016 |
This is serious o, power pass power, in two days after- from 400 to 310? |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by YoungExec: 12:04am On Feb 24, 2016 |
Funny enough, since his interview, it's going down.
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Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by lastpage: 12:13am On Feb 24, 2016 |
Mboi: Your ignorance nor get "Part 2"!. The slight appreciation was because: Price of Crude Appreciated a little bit in the last two days. This was so because Russia and Saudi Arabia have agreed to peg output ...... (though Iran has not yet agreed to do same) being th emajpr producers around that end of the world. This means Nigeria has "earned" more Dollars. The more Dolars we earn, the more buoyant our own currency. This is what Ubah and the rest of you will never understand. On BDC, Some Directors of CBN have opened "BDC Shop" where they channel the Dollars Nigeria earns from sale of Crude, at OFFICIAL RATE. They then sell this at the Black market rate, making a fortune! This is why Govt said you cant take Dollars from us at #199.... and then go to sell at #400 to the Public! Source your Dollars yourself, if all you want to be doing is "rent-taking". Even their "deposit" has been returned to them, as of today. Even Banks that get forex from the CBN at #199, have been diverting such Dollars to those BDC Mallams, to sell at #400!..... and share the profit between themselves. There are too many Criminals in this country and "Democracy" seems too lenient if not incapable, of dealing with them! What Nigeria needs is a "DEDICATED, PATRIOTIC BUT BRUTAL DICTATOR" like Jerry Rawlings of Ghana, to come for just TWO YEARS, TO CLEAN THE COUNTRY and HAND OVER TO A CIVILIAN GOVT. Criminals numbering into their tens of Millions cant be "handled effectively", using "Rule of Law". Lastpage! 9 Likes |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Nobody: 12:18am On Feb 24, 2016 |
Krismart:But he can easily walk to d government and give them those name without making it public |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Masculity(m): 12:19am On Feb 24, 2016 |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Masculity(m): 12:22am On Feb 24, 2016 |
eleko1: these are the kind of people we need in this country. 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Masculity(m): 12:23am On Feb 24, 2016 |
Ucheosefoh: ma guy is highly complicated. |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Masculity(m): 12:24am On Feb 24, 2016 |
Coolcash1: treat ditected. Baba i don catch one. Send magu biko nu. |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Masculity(m): 12:25am On Feb 24, 2016 |
Sunnycliff: magu come see another one. |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by Nobody: 12:30am On Feb 24, 2016 |
About a week ago, week ago! Buhari Shmurda! Let them keep calling the presido names, one thing is sure, that man called Buhari has balls!!!! Nigga too strong to be fazed! lastpage: |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by stexsy(m): 12:30am On Feb 24, 2016 |
AbuMaryam1:You go school at all? |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by banmee(m): 12:31am On Feb 24, 2016 |
eleko1: winningwinner: You are funny. I can tell you all who are responsible. It's too easy. Here they are; 1. All your leaders past and present. 2. Your over dependence on oil. 3. Supply and demand. 4. Speculators all over the world. I'd like to see how you are going to hold them accountable. Now, how do you go about arresting all these people and or factors? 1 Like |
Re: I ‘ll Name Those Behind Forex Crisis, If … Says Ubah by winningwinner(m): 12:31am On Feb 24, 2016 |
toposi4naija: He has a point. Give him the chance to prove it. When the president was busy shortchanging his people he did not know that they hold what he might need to move Nigeria forward. Right now Uba wants to prove to him that "if you know this one, you may not know the other". Those accusing Uba of being unpatriotic should know that patriotism is not remembered when Uba's kinsmen were abandoned at the bus stop when the bus still has empty seats. Uba wants reintegration and then the economic woes will be over. Lesson: Don't underrate anybody, group or tribe in a theatrical setting like Nigeria. God bless Uba! 1 Like 2 Shares |
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