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Nairaland Forum / Nairaland / General / Business / Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele (12061 Views)
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Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Adesiji77: 9:21am On Aug 10, 2016 |
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, on Tuesday said that the apex bank did not provide foreign exchange at a subsidised rate for the 2016 hajj pilgrims.http://punchng.com/pilgrims-didnt-get-forex-subsidised-rate-emefiele/ 2 Likes 1 Share
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Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by ojun50(m): 9:26am On Aug 10, 2016 |
Oga stop deceiving yr self oga, they hv ask u to come nd tell us lie. U need 100 serious slap 73 Likes 5 Shares |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by teemy(m): 12:40pm On Aug 10, 2016 |
this is just like the futures market. a buyer makes a request for forex to be supplied at a certain date while the *seller* complies irrespective of the market price on the supply date whether gain or loss. it is a standardized transaction worldwide. 15 Likes 2 Shares |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Assistance(m): 1:22pm On Aug 10, 2016 |
hmmmm |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by MARKone(m): 1:22pm On Aug 10, 2016 |
This APC government and confusion are like.. www.nairaland.com/attachments/3921890_3921165drigjpegee5fb9f6d800765a8af6543aa_jpegccbe7ba69c48ce64975a1bd670fa93a4 59 Likes 2 Shares |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nobody: 1:22pm On Aug 10, 2016 |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nobody: 1:23pm On Aug 10, 2016 |
The governor stated that the agreement between the apex bank and the pilgrims had been concluded even before the commencement of the implementation of the new flexible foreign exchange policy. He said the pilgrims had earlier in the year made what he described as “advance payment” for their personal travel allowances, noting that in the current circumstances, the advance payment made was $750 per pilgrim. The governor explained that the advance payment was made by the pilgrims to the respective state pilgrims’ boards, after which the requests were passed by the states to the national body. According to him, since the agreement was made in April when the market rate was N197 to a dollar, it would be unethical not to honour it. Emefiele said refusing to provide foreign exchange to the pilgrims at the N197 per dollar agreed rate would mean that the pilgrims would have to pay the difference between the old and new rates. Explanation assimilated, and accepted. Nigerians and misinterpretation. Some people obviously want to start a religious war in this country. 32 Likes 4 Shares |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by elmisti(m): 1:23pm On Aug 10, 2016 |
odikwa confused 3 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by AllTheWayUp: 1:24pm On Aug 10, 2016 |
9 Likes 2 Shares
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Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nobody: 1:24pm On Aug 10, 2016 |
Clueless governor When is this man retiring? 9 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by gurunlocker: 1:24pm On Aug 10, 2016 |
lies have infected everyone in this government.... 14 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by raziboi(m): 1:24pm On Aug 10, 2016 |
Am not going to read that sh*t Liesssss 5 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by megareal: 1:24pm On Aug 10, 2016 |
Since I'm not into Forex, neither am I a pilgrim, I wont comment. 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by darocha1: 1:25pm On Aug 10, 2016 |
Chei Government of True & Untrue Government of Claims & Disclaimer Government of Lies & Deceit Governmemt of Nigeria and giant of Africa. A working govt doesmt have time to respond to every twitter story or newspaper headline. The masses who feels the impact will standup for you. infact there wont even be a story talkless of something to counter 2 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by VocalWalls: 1:25pm On Aug 10, 2016 |
Who are they deceiving? 4 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by anonym0us: 1:26pm On Aug 10, 2016 |
wow 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by labamo07(m): 1:28pm On Aug 10, 2016 |
Yesterday this, tomorrow that. Is there a communication problem with this government?............................... 2 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Emeskhalifa(m): 1:28pm On Aug 10, 2016 |
nawa oooo 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Shym3xx: 1:29pm On Aug 10, 2016 |
Nigerianistan a la Islamic Caliphate of Nigeria under the emirship of Sultan BooHarry. Fulani marauders are muscle and enforcers loool. 3 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nobody: 1:29pm On Aug 10, 2016 |
Didn't, didn't, didn't. This government have been all about self denial. You subsidized forex for pilgrimage but didn't do same to those importing manufacturing goods. How i wish politicians will start campaign next week . 6 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Ayoswit(f): 1:30pm On Aug 10, 2016 |
if I hear 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by hunterden: 1:30pm On Aug 10, 2016 |
2 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by tsdarkside(m): 1:30pm On Aug 10, 2016 |
thats it..!!!..everybody for him or her self........ nigeria is a company now.............you dont like the rules of the company,,,,,gettta-ooooooouuuuuuuttttttttt....MIGRATE!!.. and buhari is the managing-director!!! MD!!!!!!... 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by free2ryhme: 1:31pm On Aug 10, 2016 |
Good explanation & quite convincing, but the CBN / FG need not wait for blacklash for every policy statement before given necessary explanation or clarification to the general public. At least, reference to the prior agreement should av been in the memo sent by CBN to Banks on this isue. 3 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by SycophanticGoat: 1:32pm On Aug 10, 2016 |
You say something yesterday only to say another today and something else tomorrow.. SmH for this comedy government... 4 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nobody: 1:32pm On Aug 10, 2016 |
CBN shouldnt be selling dollars to muslim or christian pilgrims in our current economic situation. I think that is everyone's grouse with this matter 4 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by free2ryhme: 1:32pm On Aug 10, 2016 |
Lies, lies and lies. This administration seem to be perfecting the act of telling lies. 4 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by NairaMaster1(m): 1:32pm On Aug 10, 2016 |
"You can fool some of the people some of the times but you can't fool all of the people all of the time" 3 Likes |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by egift(m): 1:33pm On Aug 10, 2016 |
Soon the Wailing Community will come to tell us thing they have no clue. Unless you have evidence that there was no PTA - BACK OFF. All this hatred and spin campaigns will not lead anywhere. |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by erico2k2(m): 1:34pm On Aug 10, 2016 |
ojun50:You mean 1000 slap abi. |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by KAYD007(m): 1:35pm On Aug 10, 2016 |
hunterden: i tell you. despite the well reasoned and sound explanation..yet some people are just... 1 Like |
Re: Pilgrims Didn’t Get Forex At Subsidised Rate – Emefiele by Nicur: 1:36pm On Aug 10, 2016 |
He said, “What is obtainable is that every year, prior to the commencement of the pilgrimage, the commissions (both Christian and Muslim) approach the CBN to agree on the exchange rate for the personal travel allowance for that particular year, which, in this case, is between $750 and $1,000 per pilgrim. WHAT NONSENSE! EVERY YEAR?? SO IT WILL HAPPEN AGAIN NEXT YEAR! THIS IS AN ECONOMIC LOOPHOLE! THIS RUBBISH SHOULD STOP!! WE MUST STOP THIS ECONOMIC SABOTAGE!! 2 Likes |
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