EFCC to arrest businesses that accept payment in dollar. - page 2.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Is this wrong?

Top 10 Companies in Nigeria That Pay in Dollars
Joint Venture between Shell Petroleum Development Company (SPDC) and Other Companies
Chevron
Global Corporation in the Oil and Gas Industry: ExxonMobil
The Nigerian National Petroleum Corporation (NNPC) in the Oil and Gas Industry
MTN Nigeria (Telecommunications)
Nestle Nigeria PLC
The Federal Nigeria Civil Service
Oil and Gas Total
Dangote Group
Breweries in Nigeria

Do you think the EFCC can stop all those companies not to pay some of their workers in foreign currency?

Quote from: SatoPrincess on April 12, 2024, 05:15:49 PM

Already FG dey demand list of Nigerians way dey trade for Binance. Wetin you feel say them won use that information do?

To arrest them and fine them. The government will allege that they are the ones that manipulated the market.

But it is very obvious that the federal government also manipulated naira but which they overshadowed with their accusations.

Orpichukwu

sr. member

Activity: 462

Merit: 304

This is one of the best move way I don see way dem carry out so far since them start to fight against this high dollar rate, because this institutions and other business way they charger for dollar for country way get their own local currency no really make sense because them they indirectly they increase the high demand for the use of dollar as person way wan deal with them need to exchange their local currency to dollar before them fit transact.

Another step way I they expect them take again nah make them run collaborate with all the agent way they for side of both consumables products and other products for the country make them regulate price of goods for the country because those retailers they part of the people way they make this country look like say eh don ugly finish, them then high price of things at their own will and when eh reach to reduce am them they do other wise base on their own selfish interest.

SatoPrincess

hero member

Activity: 966

Merit: 701

Quote from: [url=https://punchng.com/hoteliers-school-owners-charging-in-dollars-risk-arrest-efcc/?amp

The Economic and Financial Crimes Commission has stated that hotels, schools, and other establishments that accept payments in dollars from their customers are at risk of facing arrest.

The Chairman, EFCC, Ola Olukoyede, said this in the agency’s publication called EFCC Alert on Monday, adding that action would be taken against individuals involved in the dollarisation of the economy.
According to him, the exception is if foreigners come in to transact business and the only means of transacting is their credit card and dollar but to charge local customers in dollars or other foreign currencies would no longer be allowed.
He said charging local activities and customers in dollars is against Nigeria’s constitution.

The Federal government dey serious for this fight to reduce the way people dey use dollar for we country. Them first face those mallam wey dey do Bureau de change. From there, Binance sef follow enter the wahala. All na to reduce to dollar to naira rate and e belike say the thing dey work because rate na 1100/$ for market as at today. If government fit handle this matter like this na be say them fit use this pattern follow businesses way dey accept crypto as payment. Already FG dey demand list of Nigerians way dey trade for Binance. Wetin you feel say them won use that information do?

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