₦airaland Forum

for the removal of subsidy, minimum wage must be increased to N36k. Chikena. Or else, no amount of security vote or mossad can protect the government. 1 month is even too much to suffer the effects. The government with all the corruption is simply incapable to making this work. I am happy because this is the catalyst for a new Nigeria. The looters and theives have finally outdone themselves this time. Instead of cutting their salaries they will rather dip their hands into the pockets of the already struggling and dying Nigerian.

babestella:
i cannot imagine people buying pms at 140 per litre and burning the same in the mad traffic gridlock along lekki express, Agege, Ikotun, Ipaja all around lagos. How will you feel when you buy 20 liter of pms, burn in in traffic gridlock, and when you get home, you don't even have up to 5 litres left in your tank.

In advanced countries where pms is sold as high as between 150 to 200 per litre, they have very good roads network that in less than 20 mins drive you are in your home or anywhere you want to go within the city.


There are good rail (in fact luxury rail transportation for that matter) which can et you to your destination within minutes, what do we have here?

Noffin bro, just silly roads which are even claiming peoples life on a daily basis.

Com'on lets face the fact, is our govt handling things the way it should handled.


At least if people cannot afford to fuel your car all week, you have alternative means of getting around their businesses or to your offices.

What are we talking about this govt should be shut down until they learn how to do things the right way.

Funny how you are trying to convince a GEJ agent who gets free petrol and have had their incomes padded to prevent this event. Stop arguing. Enough of the talk, it is time to show them that Nigerians elected them and the populace owns Nigeria and will decide its direction.

And people expect this move to generate some kind of miracle. Please someone remind me what promise he has kept or fulfilled. It is time for him to step down. I think he has come to teach Nigerians a lesson not to vote on sentiment but content of what the leader can bring to the table. A leader that acts in the best interest of his people and rises above greed, corruption and party politics. He has shown that he doesnt know the meaning of all this. Government has been grossly incapable of doing anything sucessfully. Lets take a look at the failure that is NNPC and then we can see where we are heading to. It is time for Nigerians to put an end to the lawmakers overbloated salaries, and the sheer disregard for law and Nigerians by GEJ

hahahaha, fresh mess is soon going to be replaced with the real fresh air. No matter what you agents of GEJ are saying, people are already feeling the pains and they are angry. This act of cowardice by a government not even listening to the people or imforming them of its plans is alarming. Nigerians must stand up against this rubbish once and for all. All the Nigerian government knows how to do is steal. They are not even smart enough to cut the over bloated salaries. So while they have adjusted their own salaries for this change, Nigerians will suffer while they still get petrol and other basic services for free at the expense of every Nigerian. This is ridiculous.

hahahaha, Beaf aka dmainboss aka werepeleri

This guy is just lying up and down this thread. This spin doctor is at work again in full force. Nigerians listen well and listen good, PDP does not care about you. This subsidy money is probably to revive the depleted excess reserves. Nothing like a working refinery will happen now or in the nearest future. Just take a look at the bridge joining the east to the west which has taken so many lives. The contracts that have been allocated to that small project over the years. Take a look at the Ogun- Ore road, nothing has been done and so many lives lost. Do you think PDP is capable of handling a big responsibility, when they cannot resolve something as small as roads or bridges. You people should keep deceiving yourselves. You are all in for it, except you fight for your right. The government should only remove subsidy when it has an alternative. This money will be stolen and looted. Just like the billions recovered from Abacha. You better rise up and join the protest.

Katsumoto:
Where did you get that from? The following African countries all have extended credit facilities: Benin, Burkina Faso, Burundi, Niger, Sierra Leone, Ghana, Togo, etc which are all at zero rates of interest if they pay before maturity while Greece, Iceland, Ireland, and a host of other European countries are servicing Standby Arrangements (SBA) that all carry slightly higher interest rates than what can be obtained in money markets. I am sure you have seen all the protests and riots in Greece, Ireland, Portugal because of IMF conditions for the loans to those countries.

In an economic crisis, countries often need financing to help them overcome their balance of payments problems. Since its creation in June 1952, the IMF’s Stand-By Arrangement (SBA) has been used time and again by member countries, it is the IMF’s workhorse lending instrument for emerging market countries. Rates are non-concessional, although they are almost always lower than what countries would pay to raise financing from private markets. The SBA was upgraded in 2009 to be more flexible and responsive to member countries’ needs. Borrowing limits were doubled with more funds available up front, and conditions were streamlined and simplified. The new framework also enables broader high-access borrowing on a precautionary basis.


The Extended Credit Facility (ECF) provides financial assistance to countries with protracted balance of payments problems. The ECF succeeds the Poverty Reduction and Growth Facility (PRGF) as the Fund’s main tool for providing medium-term support LICs, with higher levels of access, more concessional financing terms, more flexible program design features, as well as streamlined and more focused conditionality
http://www.imf.org/external/about/lending.htm

Streamlined and focused conditionality. I am sure they never expose their lending conditions and terms with each country. If they do, i would like access to this information to compare those given to so called emerging markets vs poor countries which Africa mostly falls under.

[quote author=alj_harem link=topic=836330.msg9873136#msg9873136 date=1325382018]it has nothing to do with biafra or igbo

right now nurtw, boko haram, egebsu etc killing and bombing ourselves like animals

it is the sad state of nigeria


http://www.vanguardngr.com/2012/01/over-50-feared-dead-in-ebonyi-communal-clash/[/quote]Boko Haram, abi Alj Haram, why did you escape from commenting on the State of Emergency thread? Your village is guarded and surrounded . And the only people bombing are all from your village in Borno. Boko Haram. Cry for your people o. Nurtw have never been on Aljazeera. See how Igbo people don famous. Dem go soon get emmy.

Lol @ the Biafra dream. To all the Igbo's saying Yorubaland will be thrown into internal war in the event of a break up. I guess this is a preview. And these two villages are in Yorubaland. I love when the Igbo tribalistic posters indirectly eat their words and scram very fast when all defence has failed. funny people.

Katsumoto:
I want to reproduce a post I made recently with regards to the IMF. Any nation leaning towards the IMF/WB is already in trouble and it is simply naive to blame the woes of such nations on the IMF. Having said that, there have been nations such as the UK that have repaid their loans. And not all loans carry heavy interest rates; it all depends on the duration of the loans. There are facilities such as extended credit facility, standby credit facility, etc that carry zero rates if loans are repaid within 10 and 8 years respectively. The problem usually is that, most countries are so indebted that they will require loan facilities for longer periods, thereby triggering the IMFs SAP.

Now I am not about to absolve the IMF or world bank of any wrongdoing.

The IMF and World Bank are lenders of last resort. When a sovereign nation goes to the IMF, it is because it doesn't have a choice. The IMF and WB will come in and ask the nation to implement a series of programs that is supposed to make the nation leaner and meaner. Afterall, if there was good management in the first place, you wouldn't approach the IMF or WB. The perception of the IMF or WB in most countries where the IMF mandated these programs is usually bad because the citizenry will usually face austere measures. Unfortunately most of the countries that have faced these austere measures are third world countries in Africa, Latin America and Asia. But there are rich world examples as well.

You don't have to go far for rich world examples. Greece, Portugal and Ireland are all implementing IMF mandated Austere measures. The UK, one of the founders, of those institutions had to implement Austere measures in the 1970s. The top rate of tax in the UK was 83% because the Labour governments of Harold Wilson and James Callaghan were profligate. The IMF demanded cuts to public spending and a tax rise because the UK applied for a loan of $4 Billion. Even when Thatcher reduced the top rate to 60% in 1979, she introduced stealth taxes to plug the reduced revenue.

The citizens will feel the effect of IMF policies regardless of whether the policies are implemented correctly or not. The IMF or WB is similar to a loan shark. If you owe money to a loan shark, you can't be sending your kids to the choicest schools and buying fur coats for the wife. The loan shark will demand that you only keep enough to feed your family and put a roof over their heads. If you drive a BMW, he will demand that you sell it and buy a skoda.

Having said all these, I am not ruling out IMF complicity in political intrigues.

Okay, all you did is define the IMF and World Bank. Now can you comment on the topic? Do you want to tell us that the G7, including the Euro Zone will not get favorable lending terms than some african country? The duration of the loan is simply not the only factor on the rate of the loan given. Othe rmeasures are taken into consideration. These measures already make African countries vulnerable to being taken advantage of and being given loans with a high rate of defult which enslaves these countries. IMF and World Bank, no matter the "good" their intentions, their policies simply will never favor african countries. We are where we are because of their "concern", and numerous policies. So i call Bullsh*it on them this time.

Congratulations to you and happy new year.

@OP

It is a fact that whatever you profess with your mouth, especially when you continuously do so it begins to manifest itself in your life. The mind interprets what ever we believe and it becomes part of our life. The mind is a very powerful force. That is why we must speak positivity into our lives every day. When we do so, we have faith and belief and can move mountains. The tongue is a very dangerous organ. This is why i avoid negative people, it is infectious. I have heard somewhere that when you say negative things or profess negative things on yourself or your life some demons are somewhere saying "Amen".

See the person wey dey escape reality dey talk about ham and sham dey call my comment hogwash. You better get out of fairyland and face the issues. 12 tribes of isreal ko, apruka africa ni.

So onlylies is struggling for all types of titiles on NL. I see he takes the "Eze Ndigbo of NL" title very seriously. What is the prize for all this ridiculous and shameless act? Biscuit

Every developed country has subsidies. Subsidies are not a bad thing when done right and in a transparent manner. If the price of the good is going to be too expensive for the citizens then the government subsidizes the good. With Most Nigerians living on less than 1 dollar a day, subsidy is justified. Until we get the refineries working and improve the standard of living to where people can afford this good, fuel subsidy is going no where. The government has failed at its job and it must either work to correct it or pay for it. IMF can go and shoot themselves right between the eyes. 

Any one at extremes of both personalities is either a psychopath or a sociopath. In life, there should always be a healthy balance. .

First houseboy

First bingo

First Dude

First Gentleman

etc etc etc

Foreign governments seem to have more intelligence on BH than we do. Are they just reacting to the letter BH sent. Nothing dey happen. They want to put people in bondage and slow down commercial activity in Nigeria. The northerners have already been warned. BH is bluffing this time. Everyone go about your life, when BH decides to act, then it is a free for all.

This is a good move, but let them start recruiting educated people and give equal opportunity to each zone. All new recruits should also be prepared for management and senior official positions. They must also take exams which they must pass befor ebecoming officers. This is apart from the physical training of course. There are a lot of unemployed youths, so the job package should be humane and attractive to the new recruits.

Well this is a good opportunity for the state government to secure the area with high voltage fences. People are not supposed to be living under any structure or infrastructure. What about in the event of a collapse or a car that flies over the bridge? More casualties than a fire. Fashola shoul really start implementing policies to stop people trooping into lagos like this. This is so inhumane. All that free, free stuff he is throwing about will attract more of this. Lagos is simply too small for this.

See Buzugee with agege market gossip. Na wa, you just sit down all day and formulate this theory.  . Let me get it to you simply and decipher this whole thing for you. Hausa and Fulani are and have always been foreign stooges, to maintain power. This BH is political, for people who have a certain agenda. Some elements have predicted 2015, and they are working towards it. A united Nigeria is a threat to the world. If we get stronger we can actually stop african countries from being pilfered and violated. We are the largest and potentially strongest black nation in the world. That is a threat. Divided we fall, united we stand. Boko Haram are following some political aspirations of certain elements, it may be the arab world, it may be others. No be me talk am, but you get the whole jist. It is up to Nigerian's to stand and fight, and get our seat and respect on the world stage. Not inviting this same elements trying to tear us apart to succeed.  

We thank God for GEJ. His beauty pageant is over. I dont know if he thought ruling a chaotic country like Nigeria is beans. And he will rule without any blood on his hands. Anyway, lets see what action he will take. This administration has been known to blow big grammar with no substance, thought or action. . First stop let us trap that alj harem in a net on this NL. That guy is a big snake and part of the problem. He has not commented here, I hope his village is surrounded.

dayokanu:
[size=28pt]My Igbo people, "How markate"[/size]

. But wait how come Igbo's know all our soups and i have never seen one Igbo soup, even in the bukas. Except isiewu. rotflmao.   Do they have food? Do they eat? Maybe all this anger is from hunger. We know madam urgly camped on nairaland all day yesterday.

I guess the Nigerian method of hustling these days is a man standing on a pulpit and preaching about prosperity. Only for the church goers to give up their money in billions for the guy to buy private jet. No wonder all my padi's dey run go bible school. hmm. Bible school and brain washing ability is instant lottery in naija. Jesus dey fly private jet? Abi na donkey Jesus dey cruise.

rotflmao. This Aribisala is quite . See heavy curse "exits thread laughing"

Ngodigha1:
I do not know other peoples motives, but I have said my own te te. Apart from Yorubas attacking a lady, I joined because I was looking for an opportunity to devour the Yorubas. This thread was the greenlight I needed to do that.
Am not satisfied yet, because I have not had a go yet at Aigbofa.

hahahahaha, paranoid schyzophrenics. Imagine someone planning and laying in wait for Yoruba's. Ha, life must be quite crazy. Seriously, many mental patients on this thread. Hilarious thread. hahahahaha . But men you Yoruba's are quite wicked and too mouthed haba. But seriously i dont know when Igbo's thought they could actually survive yabbing yoruba's. When we yab each other as jokes. Igbo's get hypertension. rotflmao.

[quote author=alj_harem link=topic=834061.msg9851512#msg9851512 date=1325092659]I am telling you something u are saying another.

I am telling u that no northerner or muslim supports Boko haram in any way or form. You are here calling it a northern problem forgeting that by doing so, you are making it a sectional problem thus given them more power as a group that fight for northerners.

how would it be recorded ? when there are killings everyday in borno[/quote]Who are the people bombing? smilsum?

I have a question, why do these terrorists shout "Allahu Akbar" when they are doing these things?

yawns . . . oh, its the overfed bears that just woke up from their slumber. They will soon go back to hibernating and building igloos in the sky with their private jets.

blah blah blah blah, twa twa twa twa. *yawns* . Na today internet gangsters start. . Una kedu! Make una continue with the plans, quite brave.

;d ;d ;d ;d ;d ;d ;d

rotflmao, but this mosque they are bombing belong to the ND people. This people no get liver to enter Hausa quaters. WHen they actually go and hit their target this should get more interesting. SNC "kpa kpa kpa kpa kpa"

Oh, fresh mess is Still perforating the air i see. How madam patience wan convey the peace message? buhahahahaha. N5billion. No wonder this subsidy issue is more important than boko. They need money to live their fantasy, while the Nigerian slaves as usual suffer and smile. . According to Nigerian scammers when they want to justify their scamming "Nothing do you bros jona, na your moment, carry Go" "Dem don fall maga, na dem take our money go oyinbo land"

This thread is still going on. Let me go and see if this broken urgly recorder from the people's republic of the fleeing general is still yapping up and down. The thing is even speaking Yoruba. hahahahha, AM sure the urgly monkey's parents were only able to make it in Lagos. Na dem get mouth pass.

freecocoa:
Dude you are weak,you keep talking about my looks,why is that?one word obsession,imagine fighting with me over that,mehn your case is serious.talk about what's on ground and leave my beauty alone,I know I'm cute don't need you to tell me.

I dont like insulting women, but i dont like when urgly babes try to form and insult others. You are very urgly. Trust me. The urgliest Yoruba woman is finer than you. Never some here and insult omo alata again, because in terms of beauty you are not good enough to carry their ata trays. Ok? Now go back to romance section where corky and 190 can stroke your urgly ego.