₦airaland Forum

ionsman:
Pure lie...

Make una dey deceive unaself with fine boy mata. Express go run leave you.Even if she wants to spend Xmas with you,are you gonna feed her with fine boy?

ucheHapers:
Tell them you're broke...then watch them flee

Olut90:
At times guys also prefer this set of ladies to the good one.

tunary:
so state govt is responsible for the exorbitant cost of food items nd high price of fuel eh?

Naturallyme:
I still find it so difficult to understand why there is so much pressure on the federal government than state government and governors. Those people collecting allocations that belong to the state and squander it don't get much criticism like the federal government that gave them. Why can't we look inwards and challenge these state governors that is looting allocations and shift attention from the federal government. Why blaming federal government for the shortcomings of state governors.

These so callled celebs are àll feeble minded with scattered brains.
Honestly I don't understand . may God help us o.

If you are facing hardship, ask your governor who has collected 200billion in 3 months on your behalf and did nothing . not FG.

Pidggin:
Someone should tell PMB to make GEJ's mistakes, please learn to make GEJ's mistakes so that people can live well, thanks

Opeyemi4real:
What's exactly your point self bros?

Adedeji2012:
If this apc jazz never clear for una eyes at this time. I am fed up of hoping for a better naija.

Pidggin:
@bolded, you see your Life? If this info is true then you are probably living abroad. This is why there is no iota of empathy in your posts. You don't understand what it is to live in this economy where $1 is now N414.

The cost of living here is very high and all you can do is to defend a man who's decisions has led to countless job losses. I pity the guy exchanging words with you.

otubujohn:
Initially I had wanted to insult sense into you, I wouldn't do that... how myopic it is to think that the reason for the present recession is because this present administration is offsetting the debts of the previous administration.
Do you know how many wrong policies, how many companies have left and new debts incurred by this administration only in 1yr? Well you don't, cos you're myopic

Aufbauh:
I now see how you guys reason,so you mean the same power play and factors that graced the Jonathan government is still at play in Buhari's administration.

Your comparison and one sided reasoning or logic is akin to either a school boy or an overzealous "growing adult" who can't differentiate between realities and expectations.

deji68:
so all the roads , Railways, are not capital projects ....using your warped analogy the oil benchmark for 2015 budget 52$ and average price of oil was around 40$ per barrel....how is the gov going to take care of the shortfall ?...absurd oil revenue indeed i think Google 101 should be offered in secondary schools....for kids like u on internet

deji68:
Olodo.... so u dont know money used to fund the the budget doesnt come from oil revenue alone ?? ....Taxes Vat,Loans,fund part of the budget.....so like Buahari is raking in Billion part of the budget will be funded by loans Vat Taxe e.tc....

deji68:
so oil price affected the price of tomatoes...hen tell me something....so who is goin to pay 2 trillion loan taken by this gov my broda if u dont know what to type go sleep

deji68:
why all the abuse...all Buari should do is make the same mistake like GEJ so we can buy cheap tomatoes... we are not asking for too much nah

blueto:
when will these people stop attributing Jonathan's success to oil boom and reason with logic?. Nigeria experiences a highly organised and proficient govt under Gej, and his govt made good use of both Human and financial resources for good achievements. For instance, The high technocracy of Jonathan's govt ensured that Conclusive Elections were held, it didn't require ‘oil boom’ for such goal to be attained, it requires good staffing system and assigning people with integrity and dexterity to do the job perfectly.

Buhari should have been able to conduct conclusive elections irrespective of the oil price and supply status.

Businessideas:
Did you read the part where the deputy governor, who is a retired senior military officer and Nembe indigene intervened?I don't think you know the extent that helped to calm the situation, they were given deadline to produce the culprits and who born them well wey dem no go comply?
The fact is that the military already has enough intelligence on the ijaw and they are working hard to reduce the casualty of innocent people. Never again will the nation handover security of national assets or waterways to any militant, that single unpatriotic decision by GEJ gave the militants access to the oil and gas pipelines architecture for them to mine ahead of the declaration of the presidential election results

adconline:
Your submission is riddled with ignorance, contradiction and arrogance.
On one hand you are arguing that we should look at GDP per capita instead, when the metric used in ranking economies is aggregate GDP.
Then are you arguing against urself when I cited two countries in Africa with highest GDP per
This post is about the largest GPD in Africa not about GDP per capita as measured by IMF ( mentioned capita in several posts, not just one typo)
You're just trying to hard to sound intelligent when in fact you're making yourself sound dumber.
This ranking has never been about GDP per capita of African countries!!
You haven't said anything new about how inflation and devaluation affect salaried workers and business- they both see their net worth wiped off and you " called it erosion"
A business man who used to buy N1.6m worth of goods when $1/N160, now buys N1.2m worth of good valued at $4000. A salaried worker on a N18k minimum wage who used to pay N5 for a sachet of pure water, now pays N10. Stagnant salary with increased prices
You talked about borrowers benefiting from this devaluation, ur lack of practical knowledge of Naija clearly shows that you are textbook reader of the economy. For ur info, Cash reserve ratio (CSR) has increased, but Banks aren't lending because of their exposure to a lot of non-performing loans.
Companies like Dangote and BUA that borrowed from intl lenders or have their loans guranteed by Exim banks ( if u know how they work without Google) are losing money. Also, SMEs that import raw materials, goods and services are having to pay more.

adconline:
Your insistence on defending your self-imposed fallacy is beyond comprehension.
You're calling it a fake GDP number when it peer-reviewed and accepted by World Bank, IMF, IFC, Fitch, Bloomberg, ADB, S&P, Moodys and FT etc
Foreign investors find these agencies credible and what have you? Nothing !!
That same GDP number was what IMF based its calculation on to say that R/SA has over taken.
What have you to show that ur own number is accurate? Nothing
I dwell on facts while you're concerned about feelings.
America is the largest economy in the world is based on its total GDP
Qatar has the higgest GDP per capital in the world
Our reference point is about the largest economy in Africa and RSA just over took Naija.
If you want talk about country in Africa with the higest GDP per capita, then Equatorial Guinea is the country for you.
You can't have it both way.

AmericanQuarter:
.

rhymaholic:
so cos Murray Bruce couldn't service his debt that means he's poor. Do you know how many he has on his payroll? And he never owes salaries. Sir Emeka Offor is a multi - billionaire and can NEVER be poor in this generation. It's only logical for him to be prudent in his exotic lifestyle cos he doesn't have assess to the govt of the day anymore so no more free money from contract. The Andy Uba, the Chris Uba are what they are today cos of Emeka Offor.

adconline:
Quite disingenuous to suggest that PDP " hoodwinked" us with a GDP figure when in fact GPD per capita was rebased as well.

Quit tactical of you to ignore the fact that APC is using those numbers to highlight our debt-GDP ratio when in talks with intl financial institutions for funding.

So hypocritical that those the same numbers are being bandied about by govt officials when asking foreign investors to come in.

As for "a high GDP not being a sufficient " criterion" (educated folks know when and how to use criteria) measuring development"
A couple of countries stick out when Africa is taken into consideration. Gabon has averaged GDP per capita of $18,200 between 1990 and 2015, but it has developmental challenges like the rest of Africa.

Equatorial Guinea has a GDP per capita of above $16,000 but has a poverty rate of over 60%.

Also, this is the way world economies are ranked. US is the largest economy with over 300m people while China is second with over 1bn, does that mean that the US has the highest GDP per capita? No. Does that mean that China has a GDP per capita close to the US or EU? Get out of your self-imposed ignorance!! So what's your explanation?

My point is, Nigerians are poorer today than they were in 2014 when the GDP was rebased!!

adconline:
What an arrogant display of wilful ignorance! When cost of fuel went up by 66%, farmers didn't increase their prices 66%, it would have be impossible to pass all the costs to consumers who are facing inflationary rate of 16% as stated by govt. So the masses are losing their net worth by about 30-50%.
Nigeria economy has lost $150bn of its GPD in dollar terms and folks like you think that this loss comes from the thin air?
A country's GPD per capita decreases when its GDP decreases, so need to keep wallowing in denial.
Please explain your position that high prices of goods with devalued incomes do not have any effect on GDP?? It seems someone didn't take Econs 101 class??
Folks like you think evrything is politics, it's the new "Naija" GDP that this present govt is presenting to IMF, World Bank, China, and US Exim to borrow?? Same number being bandied about by APC governors in highlighting their liquidity, solvency and creditworthy positions to intl lenders? It's what this govt is using to calculate out debt to GDP ratio?? So a dummy was sold to us and your POLITRICKIANS bought it and now selling it to gullible-minded brigands like you??

adconline:
U know who gives a f_uck?
Market woman buying a liter of kerosene at N220
Meguard buying a sachet of pure water at N10 with a N10k monthly income
A minimum wage earner buying a half bag of rice at N10k with N18k income
A farmer in the village being charged more for transporting his produce because petrol increased from N87 to N145.
And all these people have one thing in common- they have all become poorer because half of their networth has been wiped off!!

Diddyydiva:
Now go back to your post read the part where you wrote about getting a woman's attention.




Then you will understand my point.