Just got off the phone with someone from UBA head office who called and was trying to explain to me why they had to charge me N284/$1 when the official bank rate is N199/1$ and the black market is N261/$1. According to him, the official bank rate of N199/$1 is the subsidized rate from the Central Bank of Nigeria and the high N284/$1 is based on the real time exchange rate as dictated by the likes...
I carried out some payments this morning and realized that something was wrong with the exchange rate considering what was actually taken from the account. A $220.00 payment led to N62,452.59 being taken out of the account which comes to about N283.88/$1. Where is this coming from considering the fact that we are only aware of the official bank rate and black market rate? N199/1$ – official bank rate N265/1$ – black market rate N284/1$ –...
Whether PMB fails or succeeds as president he will have access to the best food, best medical care, best automobiles, best security, best private jets, best clothes, best furniture, best shoes, best electronics etc money can by. If you know what the constitution makes available to all past presidents and former heads of state then you will understand the fact that even after leaving office he will still be well taken care of by Nigeria and...
It is ok for Nigerians to criticize PMB for defending the flouting of court rulings because it is the right thing to do. However, it is stupid and foolish for Nigerians to petition Obama asking Buhari to obey court orders because it is a matter of inferiority complex and colonial mentality. Is Obama the president or head of Nigeria, Africa or the United Nations? Absolute nonsense from confused Nigerians that are suffering from overdose of low...
It takes more than honesty to govern a country especially a multi religious and multi ethnic one like Nigeria. First things first, President Buhari is honest generally speaking and he believes he has what it takes to fix Nigeria. Unfortunately, fixing Nigeria is not something that has to do with belief whether self belief or religious belief. No, you must understand how things work, the constitution, the obstacles, the loopholes and opportunities you can exploit in...
Wonderful advice!! So that the youths will play football or engage in boxing and wrestling when they are not singing and dancing after the reggae play the blues while the older Nigerians promote unity by playing politics and sharing our national wealth? No sir, let us try reversing the roles. Let the youths embrace politics so they can try to fix the mess we are in today and see if they can create a better future...
NLC should look for other meaningful battles to wage or protests to carry out. President Buhari remove fuel subsidy so that this whole issue of subsidy fraud, corruption and product availability problem will be solved once and for all. This idea of NLC using Nigerian masses as tools for negotiation should be dealt with too. Each time the issue of fuel subsidy comes up the NLC negotiates with the presidency and a partial subsidy removal is...
Removing fuel subsidy and reducing pump price from N87/litre to N85/litre are two actions that are in reality meant to be 180 degrees apart. How can you remove subsidy and still be fixing pump price? Interestingly, this simple question generated a serious argument and in the course of the argument a friend posted a comment that I believe needs to be reproduced for the sake of education and clarity. ——- Nnaemeka Obiaraeri: Xxxxx Xxxxxxx, you have...
I am not a fan of Nnamdi Kanu and I am not interested in a Biafra comprising of SE and SS states but with the young man’s statement that he would rather remain in detention than subject himself to a court process whose outcome would not be respected by the FG I am beginning to like him for his courage based on principles. The new charges simply show that the DSS guys are not well grounded...
