Because of how our naira falls yakata to dollar over the years up till now, some of our Nigeria citizens don turn am to be business wey dem go open domiciliary accounts ordinary with the agenda of storing up dollars for profits nothing more. Although we get genuine Nigerians wey d store up dollar for personal reasons best known to them.
Because of the huge amount kept in a domiciliary account by Nigerians, ranging from about 30 billion dollars, the Tinubu government wan look into am. To know wetin the sub for that area of why Nigerians d like open a domiciliary accounts for banks. Whether na for salary payment, foreign exchange revenue, or for individual purposes. This situation must be addressed says our minister of finance, Wale Edun
The thing now become sae(the idea wey d FG come up with) the moment wey your dollar money drop for your domiciliary account, the bank go automatically change am to our local currency, equivalent to naira value to dollar at that time, and banks are go credit to your bank account immediately in naira.
Wetin be una take for this matter wey d FG come up with, concerning domiciliary account?
As for me na for peso to move em funds from domiciliary account to trust wallet after you don convert am to USDT.
I sae make I drop this information for here cos I believe sae em go be of help give many Nigerians.
My thoughts is that, this shouldn't be the government problem, instead they should focus on providing the right equipment for every facility in the country, by so doing creating jobs for citizens to prevent Japa
Why do our government always focused on things that wouldn't benefit the Nigerian economy rather of there selfish interest. It might surprise us to know that move by the government is just based on a selfish reason
There are so many things of economic relevance and importance that the government should focus there energy on not some of this things that does not improve the Nigerian economy