We are always updated on our external reserve. Can they also update us on our debt profile juxtaposed

Is that what's caused the killings ?

It is so easy to know a sycophant with such news.

Foreign reserve is growing but the economy is still struggling.......

OnucheAdams:


I never voted for the Prof Emeritus in Dullardology;
If you field Dankwambo, Buhari would win without even campaigning...

So who should be fielded against him ?

Jonathan and Okonjo Iweala who failed as Finance minister, must be living in disgrace at the moment.

NgeneUkwenu:


This man will not even win his state let alone Standing against Buhari....

Buhari election in 2019, will be flawless... Take it to the bank..

Shut up dere. Go and put more effort into looking fit instead of making senseless arguments.

I don't know how this excites you guys. It's just like having a man who sells cashewnuts and saves his money in the bank and almost doesn't spend a part of it. Yet,he goes about borrowing money to feed his children, pay house rent, pay school fees,plead with relatives to send foodstuffs so his children can eat, waits for his church/mosque to do charity and dash him things. But then,he keeps bragging about how much he has in his bank account,despite the fact that the standard of living of his family is very poor.

NgeneUkwenu:


This man will not even win his state let alone Standing against Buhari....

Buhari election in 2019, will be flawless... Take it to the bank..

why are you calling urhobos,orobo.?

wooh,dont let me finish you off.i dont care about any igbo.go join your people.

we dont need you and your people in nigeria.

better be careful.

i know you dont like me.guess what.?

i dont like you too.!

wheather you are for buhari or not,i dont care.!

Keballl:


So who should be fielded against him ?

Kwankwaso/Shekarau

If Kwankwaso decides to contest on APGA, PDP should field a Southerner and MB as VP.

chronique:
I don't know how this excites you guys. It's just like having a man who sells cashewnuts and saves his money in the bank and almost doesn't spend a part of it. Yet,he goes about borrowing money to feed his children, pay house rent, pay school fees,plead with relatives to send foodstuffs so his children can eat, waits for his church/mosque to do charity and dash him things. But then,he keeps bragging about how much he has in his bank account,despite the fact that the standard of living of his family is very poor.

what they dont understand is,when lenders know you have that much money aside,it will be easy to borrow that amount because lenders know you can pay.

somebody should explain simple economics to igbos.they seem to dont get it.

you must borrow to do things today.practicaly all nations borrow money.

america has a debt profile of nearly 20trillion dollars.why dont you igbos know this.?

NgeneUkwenu:
Buhari Till 2027...

Are you too young to rule?


Why do you want a septuagenarian whose education level you can't attest to and who seems not in touch with the 21st century developments to rule you throughout your prime years?

Why? Pls answer!

Is this the best you can offer your born and unborn kids?

seunmsg:
Good development but CBN needs to do more. High cost of food items and other essential commodities will continue to paint the economy in bad light no matter the gains made. The official exchange rate of N306 and parallel market rate of N365 to $1 is still very high and affecting prices of commodities. CBN should try and bring it down to around N250 so that we can see a significant drop in prices. Until then, all the gains been made will translate to nothing for the common man.

I have been following your comments, infact, I must cconfess, you reason logical. "By their fruits you will know them" your success is not by magic, rather is by logic. They don't need to do that without considering all the indixes involved in order not to take us back to where we are comming from ...

Ethelbrown:
I have been following your comments, infact, I must cconfess, you reason logical. "By their fruits you will know them" your success is not by magic, rather is by logic. They don't need to do that without considering all the indixes involved in order not to take us back to where we are comming from ...

i dont agree with you or him on this.nigeria is too big now to practice isolation economy.

no developed nation in the world can.go ask north korea.

if una start using it again,then it will be quick finish.how much do you people think only 40billion dollars can buy in the global market today.?

40billion dollars is nothing today.

verydark:


what they dont understand is,when lenders know you have that much money aside,it will be easy to borrow that amount because lenders know you can pay.

somebody should explain simple economics to igbos.they seem to dont get it.

you must borrow to do things today.practicaly all nations borrow money.

america has a debt profile of nearly 20trillion dollars.why dont you igbos know this.?

Are you aware that America can never pay up what they owe? Are you aware that the economies of hundreds of countries would collapse instantly if the American economy goes down or the dollar crashes to nothing? Our 40bn dollars would be nothing if the US economy goes under...

chronique:



Are you aware that America can never pay up what they owe? Are you aware that the economies of hundreds of countries would collapse instantly if the American economy goes down or the dollar crashes to nothing? Our 40bn dollars would be nothing if the US economy goes under...

ofcourse i know that too.

better we save for rainy days.better even use the 40billion dollars to buy gold or silver.

america will collapse.they owe too much.

but americans are smart.they found out a way to tie their economy to the global market.

smart move i must say.

OnucheAdams:


Kwankwaso/Shekarau

If Kwankwaso decides to contest on APGA, PDP should field a Southerner and MB as VP.

Shekarau ke.. Both candidates are not sellable in the South..

chronique:
I don't know how this excites you guys. It's just like having a man who sells cashewnuts and saves his money in the bank and almost doesn't spend a part of it. Yet,he goes about borrowing money to feed his children, pay house rent, pay school fees,plead with relatives to send foodstuffs so his children can eat, waits for his church/mosque to do charity and dash him things. But then,he keeps bragging about how much he has in his bank account,despite the fact that the standard of living of his family is very poor.

Contrary to the impression your comment is trying to convey, Foreign Reserves are meant to facilitate international trade rather than direct government expenditure.
---
The naira equivalent of the dollar revenue has already been handed out by CBN to government. The CBN keeps the dollars to manage our trade balance.

Bevista:
Contrary to the impression your comment is trying to convey, Foreign Reserves are meant to facilitate international trade rather than direct government expenditure.
---
The naira equivalent of the dollar revenue has already been handed out by CBN to government. The CBN keeps the dollars to manage our trade balance.

i remember trying to explain to them 2years ago that their nairas is wortless in the international market.

it seems they didnt get it till today.

FastShipping:


He can't do worse than "Jubril".

Dankwabo has good resume just like Yaradua.

Dankwabo studied up to M.Sc just like Yaradua. He was an executive of CBN. Former finance Minister and a sitting governor.

His resume should sell in the south. Buhari reputation is in tatters at the moment. The Mr integrity toga is no more there. His credibility is close to zero.

I think we will stick to the devil we know thank you.

Bevista:
Contrary to the impression your comment is trying to convey, Foreign Reserves are meant to facilitate international trade rather than direct government expenditure.
---
The naira equivalent of the dollar revenue has already been handed out by CBN to government. The CBN keeps the dollars to manage our trade balance.

I understand that very well. My point is that we shouldn't always be too excited with having a high foreign reserve when it doesn't automatically translate to a better standard of living for the citizens. While it is good to have a healthy reserve, it is also pertinent that we improve standard of living. Not having high foreign reserves with poor standard of living.

Full list of Nigerian richest pastors and their networth 2018

Entering the year 2018, Forbes has released list of the world in the world with the founder and General Overseer of Living Faith Church, Bishop David Oyedepo leading other pastors of the world.

Also in the list include Pastor Chris Oyakhilome of the Believers’ Love World; T.B Joshua of the Synagogue Church of All Nations; and Pastor A.E Adeboye of the Redeemed Christian Church of God, RCCG.

Here are the top richest pastors of the world:

10. Joseph Prince Net Worth 2018 – $5 Million

Pastor1Head of the largest church in the all of Asia and netting a salary of $550,000 a year, Prince could easily be seen as blessed. Born to a Sikh priest and previously employed as an IT consultant, his unlikely career has garnered a grand following worldwide from his native Malaysia to the United States. This popularity is partially thanks to such friends as Joel Osteen of Lakewood Megachurch who has hosted a number of his sermons. One of the most internet savvy of the pastors listed, Prince also has a online video and podcast with a following from over 150 countries.

9. T.B. Joshua Net Worth 2018 – $10 Million

Pastor2Considered a Prophet by most of his congregation, Joshua has a unique and notable influence in his native country of Nigeria. While primarily preaching from his home city of Lagos, Nigeria, Joshua has over 1.5 million Facebook fans. He also has a history of sending “Anointed Water” to thousands of individuals worldwide, most notably during the recent Ebola crisis. There has been ongoing controversy regarding his claims to deliver people from possession, and there are 3 reported deaths in the U.K. linked to his church. These were reported to be cases where the individuals refused life lengthening AIDS medication and instead relied on prayer for survival.

8. Billy Graham Net Worth 2018 – $25 Million

Pastor3Once called by many as “America’s Pastor”, Billy Graham is among the most well known and long-lived pastors on the planet. Born in 1918 and educated in Anthropology and Biblical Studies by the Trinity Bible College in Florida State, he has been a presence for many historic events of the past two generations. From bailing Dr. Martin Luther King Jr out of jail during the fight for Civil Rights, to directly writing and supporting Nixon during the Vietnam war, he has always been quite political minded. This fact has no doubt helped his following, with an estimated audience of around 2.2 Billion individuals over the course of his career.

Read more here: http://www.correctmum.com.ng/full-list-nigerian-richest-pastors-networth-2018/

how does this affect the life of an average Nigerian

[quote author=NgeneUkwenu post=64021793]

This man will not even win his state let alone Standing against Buhari....

Buhari election in 2019, will be flawless... Take it to the bank..[/quote I wish wat u wish Nigerians

FastShipping:


An economist won't do worse than so called president who didn't nominate a finance Minister for seven months and called ministers "noise makers". Buhari made so much promises to decieve us but got there and doesn't want to be bothered. He keeps telling us ineffectual Buffon destroyed everything and no solution to our problems. Whereas he told he got us covered.

We are in sh1t buddy as long as Buhari at the helm. Second term for Buhari would have set us back another 15 years. For Nigeria to move forward again, Buhari needs to be defeated by fire by force.

Jonathan failed woefully and we kicked him out. Buhari has failed and we must kick him out too. We cannot continue rewarding failure. Buhari failed in every aspect of governance.

You are in shit because you were thinking once Buhari became president, there would be access to free money.

seunmsg:
Good development but CBN needs to do more. High cost of food items and other essential commodities will continue to paint the economy in bad light no matter the gains made. The official exchange rate of N306 and parallel market rate of N365 to $1 is still very high and affecting prices of commodities. CBN should try and bring it down to around N250 so that we can see a significant drop in prices. Until then, all the gains been made will translate to nothing for the common man.

this Is why I like reading from you mostly on nairaland on politics related matters.

Always objective and on point unlike other blind followers of parties, buari or gej.

FastShipping:


I noticed that but won't work. Jonathan did the same thing and lost. You don't need to aggressively dish out bogus statistics or paper value projects. Achievements can't be hidden. Achievements can be bodly seen by the people. In buhari's case, he has none. Buhari has nothing to show after 30 months on the throne.

I was talking to a brother of a governor last night on WhatsApp, he told me people in the North are quietly looking for change again.

Sad!!!

when the govt said the reserve was 23b dollars it was okay, now it is called propaganda. you entitled to your beliefs.

Keballl:



Light years better than the Nepa certified imbec1le you all voted into Aso rock.

Who foreign reserve epp, wen we are suffering in the hands of the terrorists APCshits

Keballl:



Shekarau ke.. Both candidates are not sellable in the South..

That's not factual; If Buhari is selable, Shekarau/Kwnkwaso are more than selable.
The key to defeating Buhari is stripping him of the votes in one of the population centers in the North. I.e Kano or Kaduna.