dhardline:
. Am surprised Buhari is still in power.

The senate of a sane country would have impeached this man already. Just look at the level of suffering the masses are facing. It's Dec, Christmas is less than 2weeks from now but it looks like we are in May.

As in ehn Mary refuse to get pregnant here not to talk giving birth
To Christ!
To all d vultures strangling d economy either overtly or covertly
........holy ghost fire!

omogidi234:


I felt like giving you 1 million likes but admin only allows just 1. I have dropped that 1 like.

I have been saying this thing since 8 years now. I don't know about physics and politics theories BUT global economic theories hardly ever work here.

On Monday, I still discussed with a banker.

I told him we need Nigerian economist to propound Nigerian economic theories.

Not only on economic issues but In every area. Nigeria is totally different from the outside world. Immediately you enter the nation airspace when coming in you will know u are in another planet.

dhardline:
. Am surprised Buhari is still in power.

The senate of a sane country would have impeached this man already. Just look at the level of suffering the masses are facing. It's Dec, Christmas is less than 2weeks from now but it looks like we are in May.

Bubu is at work. Foolish fulani man with old brain. Its true this country is not sane at all. Cos I actually do wonder why the senate haven't impeached the idiot as you said. Buh I'm not surprised cos they're all the same thing. Bunch of useless fools. Buhari's regime really makes me feel terrible being a Nigerian.

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Adekorya:
The handler of EFCC official twitter account is a big clown

The last one cracks me up the most... That synord guy is an idiot. Askin EFCC if he should go for yahoo yahoo or MMM.
The EFCC guy sef funny with that ''come to our office '' reply

Adekorya:
The handler of EFCC official twitter account is a big clown

The last one cracks me up the most... That synord guy is an idiot. Askin EFCC if he should go for yahoo yahoo or MMM.
The EFCC guy sef funny with that ''come to our office '' reply

RentALodge:
LOL. It's because the Nigerian government made it that way.

Anytime the government talks about Forex, it's almost always referring to dollars, at least in action. In order to force a favourable exchange rate for the Naira, the Nigerian government commenced a clampdown on money changers, called Bureau De Change operators, and ordered for the price of dollar to come down. They neglected to do that for pounds.

Dozens of money changers have since this clampdown been arrested by officials of the State Security Service, SSS, in Lagos and Abuja.

This is something great about the free market system, it is difficult for you to cheat it. The communist mindset of the present government fails to realize that.

You cannot force the dollar to come down and make it available. It's not possible. You either free float it and make the forces of demand and supply to balance out, or force it to come down and make it scarce. Businesses are in business because they want to make money, not because they want to do charity.

I think you are right

See what i mean guys? As of today its now exactly a 100 between GBP and USD..I guess the DSS interference has worn off

NB: Apologies for derailing this thread. I am only out to share important information.

Please don't scroll without reading this:

*AUTHENTIC Predictions for Nigerians in 2017!!!!*
*1).* More Billionaires are going to lose more Money in 2017 especially those in the oil sector and Industrial sectors,cos wealth has shifted from these business environments and gone into Technology.
*2).* Many smart Poor people are going to become wealthy out of nothing cos the only time the poor become rich is during recession Though this is for the smart poor people.
*3).* Cost of things are going to get higher, no apology.
*4).* More people will lose their jobs, that is for certain. don't spiritualize it. It doesn't need prayers, it must happen. cos this is the time for that.
*5.)* More Entrepreneurs are going to be Created cos that is the only way out to strengthen the economy. We don't need more workers cos workers are not productive people. if u don't tell them what to do, they can not think out something. Though it's not so much their faults, cos that is what the Professors thought them in school for 6 years.
*6).* Many Students are going to drop out School in search of better Opportunities, as they have come to see the Higher Institution as the Biggest Scam of the 21st Century. Return On Investment(ROI) for a University degree right now in Nigeria is less that 1%. Will u invest ur hard earned money in such a venture?
*CAUTIONS:*
*1).* Don't use a political point of view to look at the ongoing opportunities in Nigeria.
*2).* Don't miss the grace that goes with Recession. Every Recession is a Blessing in disguise. If u miss the grace that goes with this ongoing recession, Wait for the next Century or enjoy the recession while it last.
*REASONS:*
Cos History repeat itself every once in a while. During any recession according to economic history, one thing is constant. Viz;
New set of millionaires are produced. Right now Nigerian economy is heavily Pregnant about to deliver new set of Millionaire.
Qst: Are u going to b one of its Babies?
There will be what we call Wealth transfer or wealth shift
Most rich will have to get broke for some poor person to become rich
many big business will have to die for new ones to emerge.
For example, the recent Money scarcity in the banks right now will create a new sector of financial institution as many have lost confidence in the banking sector. And the Banks in Nigeria as we know them are not quick to Changes. So they will be caught on Guard. What a negative effect it will have on them. Well it's not our fault. Its called, Recession!!!!!!. Money will always move or shift hands every once in a while.. Watch out for this!!!!!
Some will have to cry for some to smile.
Its not your fault that is how it has always been.
*ACTION STEPS:*
Ask serious and meaningful questions.
Don't Emotionalize the situation.

There is no loyalty in business. If its not working, its not working. the many years u have spent on that job does not count. If wealth has left that business environment, Move and shift to the environment wealth has shifted into.
Importantly, Put God first. Cos u need His assistance to sail through.

*CONCLUSION:*

Don't b carried away by the news paper headlines. they are gimmicks meant to distract you from your focus, and to make you Politicize every situations and miss out of the grace that goes with this ongoing recession.
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