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Nairaland Forum / Nairaland / General / Politics / Nigeria Official Removed From International 'emerging Markets' Listing - Reuters (2670 Views)
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Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by revolt(m): 6:00am On Nov 10, 2015 |
baby124:I guess our telecoms becoming th biggest market in less than 5yrs of privatisation was a hoax too!!! Or our fast rsing banking sector (which mallam sanusi went and did exactly wha buhari did, by telling the world, they're weren't as big as they looked, thereby triggering panic redrawals and crash of stockmarket), I hope u knw what 180million ppl are? I hope u know what an economy is as opposed to liquidity. Buhari shot us in the foot. Sanusi did same and we haven't recovered till today. I'm beginning to sense these northerners are tryn to kill all forms of private investment opportunities, ie Fdi inflows, ier, etc so the civil service can continue to remain relevant, so their ppl can have jobs. Clash of interest (north vs south, we know most privatisation supporters reside in the souht and ofcos the north dreads the word itself) in a single nation, Are we truly a nation sef.?! 2 Likes 1 Share |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by baby124: 6:07am On Nov 10, 2015 |
revolt:The Telecom boom is all over Africa. Nigeria is a big market because of its population. Reason why we will always have investors. But how can we have investors who are invested in our country when we lack structure? Nigeria is an easy cow for many. Which fast rising banking sector? Fast rising banking sector which mostly relies on illegal Parking of government money in their banks? Or the kind of banking we have where a bank CEO can pledge "customer" funds to a presidents campaign. Are you joking? That they will rather pay billions in fine than release the government money. Nigerian so called banking institutions are based on very false premises. From blatantly using government funds to sustain operations, to using ashewo to get business. If a bank has a good product or service, the bank will not need to go the length most Nigerian banks do. The fact is our economy is artificial, a lot of these fake shell companies need to close. A lot keep surviving on their ability to plunder Nigeria's purse. Let the companies go, so that true entrepreneurs can spring up. Nigerian economy has always lacked structure because it has so many loop holes. The so called investors have been exploiters looking for quick cash in a corrupt environment. If we put our house in order these investors will invest in us. We can no longer survive doing things the way we have been doing. That is a fact. 1 Like |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by EternalTruths: 6:12am On Nov 10, 2015 |
[quote author=Deltagiant post=39858022]Interesting I'm not surprise because there's no clear policy direction. Foreign Direct Investments are fast dwindling in a contraption whose source of revenue is 90% Crude Oil even as there is no electricity to aid the manufacturing sector. How could such an economy be amongst the emerging markets...Emerging from where?[/quote] Emerging from Buhari's body odour. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by adconline(m): 6:15am On Nov 10, 2015 |
liberty300: GEJ lasted 6 yrs with sycophancy and blind loyalty... GMB will not last 1st term if he doesn't avoid these folks like a plague. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by 49cents(m): 6:19am On Nov 10, 2015 |
baby124: You are just bent on defending the ineptitude of the government of the day! Let's see how long you will go on with this |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by luvinhubby(m): 6:22am On Nov 10, 2015 |
yomi007k:My 10yr old son has a better knowledge of basic economics than you do. You will produce your own everything & cannot produce your own electricity presently and you are using a foreign firm manufactured phone to type this. 3 Likes |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by EternalTruths: 6:24am On Nov 10, 2015 |
revolt: In a loud voice Guy shake me Voice lowered You truly understand the Northern mindset. Those guys despise privatization and will do anything to kill it. Pazienza tonyebarcanista truckpusher Carnegiefan chukwudi44 Rose14 Rose24 lygn19 dearpreye firefire mogidi ezeagu kettykin deltagiant yujin and all other believer in a better economy etc The post I quoted is what is playing out. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by baby124: 6:25am On Nov 10, 2015 |
49cents:I am not. I am giving Buhari his fair chance to do his work. Nigeria did not get like this in one day. His attempts are the most honest attempts to clean up our system, so I will give him a chance to. Pulling someone down who wants to create a structure in a complex environment like Nigeria is not a wise thing to do. It is too bad that we are just beginning to feel growing pains. I have nothing to gain from this administration. I am a neutral observer. If we don't do the best for ourselves, we have no where else to go. Let us see what he can do. We need to walk on the side of truth so we can have some pride. If there is structure in place, you won't have to work like a slave for a foreigner in your own country without benefits. You chose, instant gratification or long term benefits? |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by Nobody: 6:54am On Nov 10, 2015 |
baby124: You make lots of sense. Abeg pay no attention to the wailers, they'll never see anything good from this regime even if it hits them on the face. They throw insults rather than engage u interlectually. The bottom line is, they've lost the elections, let them continue to wallow perpetually in defeat and pessimism. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by ERAKAMUS: 6:56am On Nov 10, 2015 |
Onyejiuwaokoh: |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by ERAKAMUS: 6:57am On Nov 10, 2015 |
Onyejiuwaokoh:BUHARI HAS DESTROYED NIGERIA. #PATAPATA. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by onatisi(m): 7:01am On Nov 10, 2015 |
mployer:stop arguing with ppl like that. Their mentality is centralized and based only on the garri and egusi soup they eat. 1 Like |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by onatisi(m): 7:02am On Nov 10, 2015 |
ERAKAMUS:it remain small. Just wait till next year when he starts printing more naira into circulation as a means of easing the cash crunch in the economy |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by EternalTruths: 7:05am On Nov 10, 2015 |
onatisi: That's why we must cut out before that Fulani emperor lands others in trouble. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by flyingsnail(f): 7:06am On Nov 10, 2015 |
We don't need emerging market, we already have many markets at home Saaii bAabaa
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Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by ITbomb(m): 7:06am On Nov 10, 2015 |
abe4kom:He went to tell them how corrupt an average Nigerian is and that they should wait while he beat them to shape. That is why Amaechi is a minister to help fight corruption. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by otokx(m): 7:08am On Nov 10, 2015 |
When it was there, what impact did it have on the common man? |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by Kestolovee95(f): 7:35am On Nov 10, 2015 |
If you know what is good for you, better start changing your naira to dollars and biafran pound. The zoo is crumbling without anyone pushing it. Like every artificial contraption it's end is near. No jupiter can change that. My money is in Benin republic and saved in Biafran pounds. |
Re: Nigeria Official Removed From International 'emerging Markets' Listing - Reuters by chase101: 7:52am On Nov 10, 2015 |
redsun:Please read carefully again, how can you say this, please don't do this to yourself in public |
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