God help us

onyiga:
Hello house, Goodevening. Please who know about this okolison brothers Nig LTD company. I was invited 4 interview. I need to know about more about it, lagos branch.

They are into transformer biz.. What position did u apply for..

Kirinwa:


Yes, so true. Forex trading is now most lucrative now.
Looking forward to when #1000 will be $1.

the purchasing power of the naira falls as the exchage rates go higher. dont celebrate this impending doom. why do u think zimbabwe buy ordinary bread for millions of zimbabwean dollars? guy forget

Whoever wrote this piece i seriously need to meet you personally.

In one single phrase " I love you no homo"

As long as we Nigerians are not ready to tame our voracious desire for anything foreign, then I'm sorry that the op has spoken nothing but the raw and undiluted truth.
Thumbs up op for this great article. It won't change anything though. Nigerians reek of inferiority complex. Everything must be oyinbo made

bookface:


let's assume Emefiele agrees to your recommendation tonight - and tommorow, your car had some engine issues. Upon taking it to the mechanic, the nice chap politely informs you that he has no spare parts left to fix your car because all foreign goods had been banned.

Or better still - he says "Oga, we get 2 spare parts left, but the thing don scarce for market now, so you need to pay 2 million"..

so....

Eye opener.

nwabuwa:

They are into transformer biz.. What position did u apply for..

the hugging part

emmykk:



truth is bitter

Is there someone stopping states like ebonyi from tapping its resource's!

tomyka81:


Why would you wish this? It isn't like you will be able to buy three times the stuff with a dollar.... The price of everything will go up. It is called hyper inflation.

Unfortunately i don't buy things or sell things in Nigeria.
Imagine if i enter naija with just $4000

true to a point....
the thing is, the SS also need to look for other sources of revenue because the oil prices has fallen and crude oil export is not going to save anyone, not even the SS

emmykk:
Give us true federalism and Nigeria will be Great again.
Allow every federating unit Hausa,Yoruba and Igbo to manage their own resources.

The current folding of hands by all the states waiting for the Niger Delta oil will not help.

imagine what does the 19 states of the north produce,what does the 6 six states of the west produce execpt for Lagos state and what do the 5 igbo states produce.

All the states waiting for oil money,until we go back to the days of cocoa,palm oil and groundnut pyramid let know 1 complain of falling naira

Everything a Nigerian does have long be programmed to enrich transnational investors but Nigerians are so foolish that they can't see the big picture, all they talk about is GEJ and Buhari. GEJ and Buhari are both slaves to the system. This is global capitalism and our stupid addiction to consumption feeds the fat pigs in Washington DC and Europe.

Op forgot about going abroad to give birth to buy American citizenship for our children.
After which we come to nairaland to hypocritically scream. "One Nigeria".

[quote author=Bookiemart01 post=42220993]

The key solution to these problems are regular and constant power supply, zero tolerance for corruption, and patriotism.
No industry can sustain on generators alone.

The ruling class became greedy. They no longer think in terms of the people but themselves and families.
Nigeria Airways collapsed due to mismanagement and embezzlement.

It takes a patriotic individual to use homemade goods, most of which are better than the imported ones.
Ever seen how our men and women dress, especially the "celebrities?"

It's not too late to turn things around if all hands come on deck.

My country men fit buy imported poo and urine sef

PiperAlpha:
As long as we Nigerians are not ready to tame our voracious desire for anything foreign, then I'm sorry that the op has spoken nothing but the raw and undiluted truth.
Thumbs up op for this great article. It won't change anything though. Nigerians reek of inferiority complex. Everything must be oyinbo made

bookface:


Hmm...

Let's see how this works out.

Ban everything - then everything becomes incredibly more expensive! Think about that for a second. The current Ban is pushing inflation to crazy levels already. How would you feel if you need to buy a used laptop at 1 million naira?


There are no easy solutions. But the current approach is worse!

Emefiele should take the following steps.

First, allow a modest devalution of the naira. ---- This should allow the foreign portfolio flows that we urgently need. It would bolster the government coffers and put an end to depletion of the foreign reserve

Pls what does devaluation of the naira mean, what does it entail & it's consequence

A layman's explanation will be appreciated. Thanks

I am astonishing and still open my mouth..... Hunnnn thanks for your advice.

But after reading this, I wish to ask questions as thus; please,

Who will advise our ladies to stop shopping at shopright?
Who will stop our celebrities going abroad for vacation?
Who will stop okirika importation at Katangua Supper and CMS and so on?
Who will stop us subscribe to DSTV and Supper sport channels?
When our home TV show will be back to nation TV the like of Supper story?
When Nigerian Will stop writing made in China for a product made in Aba?
When will aso oke be once again be aso ebi?
When and when foreign movies be totally stop on our TV show the like of Indian sorirori?

Oh...... I am sorry for the missing fun back then in the school we were trained in JET club.

That one too is annoying!!!!
If there are no medical reason

Observant:
Op forgot about going abroad to give birth to buy American citizenship for our children.
After which we come to nairaland to hypocritically scream. "One Nigeria".

Only us can

AlmuFty01:
I am astonishing and still open my mouth..... Hunnnn thanks for your advice.

But after reading this, I wish to ask questions as thus; please,

Who will advise our ladies to stop shopping at shopright?
Who will stop our celebrities going abroad for vacation?
Who will stop okirika importation at Katangua Supper and CMS and so on?
Who will stop us subscribe to DSTV and Supper sport channels?
When our home TV show will be back to nation TV the like of Supper story?
When Nigerian Will stop writing made in China for a product made in Aba?
When will aso oke be once again be aso ebi?
When and when foreign movies be totally stop on our TV show the like of Indian sorirori?

Oh...... I am sorry for the missing fun back then in the school we were trained in JET club.

This is nothing but the truth. I have been thinking that the discovery of oil in our country is the main cause of our problem and actually it is, sometimes I think if the oil should just dry up. But God in his infinite mercy has make the the price of a barrel to be lower that everyone is feeling it and then the Government is sitting up to tackle corruption.

Though bad leadership may seem to be the problem, the hard truth is that Nigeria didn't get into this mess because of bad leadership.
A people get from amongst themselves leaders and get exactly what they want be it military or civilian rule.
Though a lot of African countries are doing well now, the issue is actually a black man issue and 're-colonisation is necessary to improve the black race.
We have got the worst value system to to the human race. Black me dress expensive all over the world except they can't afford it. We calculate God's blessings by material things especially cars and houses even when we don't need them, nobody wants to be left out, a lot of Nigerians borrow to live to standard just to impress nobody and that's the more reason we hand the petty theives and allow the big thieves get into power.
The supposedly good people do nothing making them worse that the aledged bad people .
Why can't Nigerians protest or revolt it they feel plundered by the political class? When I read tribal fights I see here on nairaland by our youths I know that salvation is far coz those who should see the issue and seek to change it are even reinventing the problems.
I am already vexed to even say more.

MathsChic:
So true. As a finance analyst, I can't but agree with all of this article. Every country determines to an extent how much its currency exchanges for. Nigeria has a long way to go and there's reason to suspect 1000ngn/$1 is a possibility.

As a Finance Analyst, you should also know Parallel market exists in almost every nation and they occur as a result of adverse macroeconomic factors admists other factors.

Nigeria has a long way to go, but the spread between the Interbank and Parallel rates was not caused by the Government. It was caused by Round Trippers; Profit Seekers, even Banks led the gang. CBN reacted with first closing bank's FX trading window (RDAS) before all these other policies.

My point is: 1000NGN ~ $1 is not feasible and it cannot happen.

I just hope CBN maintains its current stance, if they do, I can assure you we would see some drastic spread rebate between Parallel and Interbank rates and also see some increase patronage in local production.

God bless you op for being honest. These factors and many more. My own qualms are numerous but I still start with this - cultism in universities and now secondary school is at least 30 percent of our problem where religion and ethnicity have 30 percent each. Back in my university days, I was a very proud member of one of the confraternities like many were, 75 to 80 percent of my thinking revolved around staying alive, my guys staying alive, and how our frat will be on top of the rest. Sometimes, it was necessity because if you let your guard down, you may become statistics. We had the power to shut down the campus, disrupt classes, connect with past members who may be those contractors or officals that most times help us financially to acquire better arms and release jailed members. Even so called Jew men had to reorganize their lives, they can't read at night peacefully because of the roads they might pass, they are bullied in various forms on and off campus, etc. These people and even frat members were suppose to be the researchers, the correct type of engineers, the lawyers, etc not the mouth mouth ones we have now. Those times they had to defer their plans of study out of fear could have been crucial times in their academics and careers, and in a big picture perspective, for a better nation at large.
Nigerians are intelligent people, may I say very intelligent people when given the opportunity and the environment to thrive in. Go and check Nigerians in so-called better countries thriving and you will see the pattern. Is a lot of factors and real honest decisions that can make Nigeria great better than the past better days Nigerians could believe. Right now, most of our graduates are affected by the conditions of their learning environment and the mercy of their lecturers who are most times truly helpless. Our graduates now, are on reserve knowledge from their primary and secondary school times. To be fair, a knowledge or two from their university days but very limited because people can pay for better grades anyway.
Anytime I think about our country, I dey trip how India, or china, Russia, or iran, or even England and the US, how them use better pass us if we do things the right way. How? The Nigeria I know could have and can spark Africa out of the stupid age/state we are now. Nigerians could have been leading in this zika and lassa research epidemic now; Nigerians could have thought of and started producing self driving cars and self flying planes; Nigerians could have systematically empowered Africans to make good use of its resources and probably came up with different sources of efficient energy sources; Blacks worldwide would be proud to be African and be proud of Nigeria's prowess in various fields; Blacks outside of Nigeria could have been wishing to relocate to Africa especially Nigeria, to better their kids future even others too. Africa especially west, east, and southern parts could have been more united and less hostile and maybe decide if we still like arabs residing in our northern parts of Africa. Right now in 2016, Nigerians don't know the feeling of having 24hr light for say 6months straight and may never know for many more years if we are not collectively serious.
When people say God bless Nigeria or Africa, people take it lightly, but that is a very serious prayer like praying for your health and life and family, and prosperity combined. Right now, am a hypocrite once more, I just got back from Nigeria yesterday afternoon. I don't plan to have my kids in Nigeria when I am settled if luck permits me a great mate in the nearest future. I am willing to keep on trying to participate in the betterment of Nigeria and Africa at large in my own way eventhough the conditions are currently meant to strangle you. Even the president cannot help Nigeria alone.
God bless Nigeria.
God bless Africa at large.

k

[font=Lucida Sans Unicode]
I just wish I could develop a super human ability right now! So as to gather all NIGERIANS in a single room, speak the sense in this article into their lives and change their mental conditioning for life!


Commending the OP alone wont change anything!

The problem is how to make everyone aware of the truth, so we can all change!





We have 1,518,041 members on nairaland as at this moment,

and probably another million guests,


Please let's share and preach this truth to everyone near us!


Don't forget to preach the gospel too! By telling people to pull over the vehicle of their lives and allow Jesus to take over!




#GodBlessNigeria
#End Time Is No More Near, Its Here!

The best article i've read in a long while. A clarion call to action!

Nigeria, my dear Nigeria.

NIGERIA end time country, no wonder call rate from hell to naija is very cheep....local call.

bezimo:
I was wondering. Now that oil prices are so low at $30 per barrel, the value of the Naira has depreciated to almost N300 to the dollar for the first time ever.

But When oil was been sold at an oil time high price of $140 per barrel.Why didnt the Naira appreciate to at least N100 or lesser to the dollar?

No one should tell me about the market forces of demand, supply and export.

When export value of the oil was so high why didnt the Naira gain so much.
I guess some forces didnt want naira to appreciate.

You just asked a very good question right there !!!

An intelligent, expository, and informative write-up as this, should be on the front page of the national dailies.

how does this consine Godwin emefiele, Buhari should be blame