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Why Is Government Afraid To Ban Activities Of BDC - Politics - Nairaland

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Why Is Government Afraid To Ban Activities Of BDC by Yugoslavia247(m): 9:52am On Feb 15
The same government had the audacity to ban crypto but will not ban bureau de change.

If bureau de change was illegal, round tripping would die.

Government can now implement the dollar policy.

You can buy from banks but the bank controls it within the system

CBN is a criminal org.

They sell dollars cheap to some people and expect others to go to BDC.

Crypto has never affected the economy.

Tell me why crypto was banned again. Dollar is now 1600

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Re: Why Is Government Afraid To Ban Activities Of BDC by YourMrBoo: 10:05am On Feb 15
Thought crypto ban was lifted
Re: Why Is Government Afraid To Ban Activities Of BDC by Jogs1900: 10:16am On Feb 15
BDC is a legal business registered by CAC and licensed by CBN.
Forget those ones you see on the road side.

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Re: Why Is Government Afraid To Ban Activities Of BDC by SoNature(m): 11:53am On Feb 15
Those guys are not the problem of this country. Forget what incompetent CBN officials told us about them. After banning AbokiFX, what has changed?

The problem is that politicians and business people are mopping up the available USD in this country and saving in hard currency because they have lost faith in the naira.

If we had several ways of generating USD in this country and hadn't dollarised this economy, we wouldn't have to worry about the USD.

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Re: Why Is Government Afraid To Ban Activities Of BDC by psucc(m): 12:07pm On Feb 15
Oga, Nigeria situation will dampen your moral if you want to seek answers to its many questions.

The government owns the money the BDC operators are trading.

Have you ever gone to the bank to exchange any foreign currency and was directed to one dealer in town?

Have you ever care to know why the 🏧 are dry but the POS stand nearby pays whatever amount you wish to withdraw?

For your good health and sanity, leave Nigeria matter alone

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Re: Why Is Government Afraid To Ban Activities Of BDC by ambale(m): 12:32pm On Feb 15
The major problem with Nigeria is we really don't know what goes on in the behind.

They just give us some figures to argue with, cos how can a country government implement policies upon policies and things still going sour.
Re: Why Is Government Afraid To Ban Activities Of BDC by Ibaaboy(m): 12:46pm On Feb 15
sinking ship
Re: Why Is Government Afraid To Ban Activities Of BDC by naijapips04: 12:50pm On Feb 15
Emefiele banned them.

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