₦airaland Forum

fellis:
Why don't these people just build factories and industries instead to create jobs for youth? What purpose is this hotel serving towards making Nigeria a better country?

wiseoneking:
Stop mocking him. He actually los 2/3 of his wealth, he is now bankcrupt. Naira is not yet a currency been among the 5 weakest in the world and third in Africa.

WhiskeyTangoFox:
She has a moral obligation to correct/advise her husband if he's goin astray. If there's a perceived change in plans for d worse from buhari, then I think she has every right to speak up. I find what's happening in dis country disheartening to be honest. Hon. Jibrin shed light on d fraudulent dealings in d NASS, instead of investigating more in order to validate his claims, pple (even d so called future of tomorrow "youths" condemned him and pushed for him to b kicked out of d house. Aisha Buhari, without any form of coercion or blackmail, willingly granted an interview and raised some concerns with the way things are goin under d current administration. She left her comfort zone and spoke up with the interest of nigerians at heart bt instead, as shallow and low minded as some are, they've come to attack and condemn her too. If pple who come forward to make revelations dat myt lead to the positive change we all desire r being put to d sword like dis even without comprehensive investigation and facts gathering, then wot hope do we the masses have in dis country? Who do we count on to bring forward d truth and have d courage to speak it? Who wld want to expose themselves so d pple de fighting for can end up being the ones calling for their head? Geeeeez, dis is actually very scary. If pple become afraid to say d truth cos of d unfair backlash they might receive. then lies will remain prevailant in society. Youths, dnt b quick to judge pple dat have possibly sacrificed so de can speak d truth in ur interest. The pple who make up d government dnt like us d way de like dem selves. They will always put themselves b4 the masses. If we persecute the few who have tried to speak up in favour of the masses, then it simple means we discourage pple from being honest with us which is wot any government would cherish. We d youths need to think, talk and act smarter. No government official loves and cares about u as much as de will to their own. WAKE UP PPLE!

Guyman02:
If I recall correctly Obasanjo said that ''ALL the girls MAY never be found''.
Falana is misquoting OBJ, what OBJ meant is that if they are 200 girls we may never find the 200 complete, we may find 199 or 21 or 50 of them.

Over sabi dey worry Falana and I too know (ITK) is bad even for a SAN

lovat:
The minister of FCT doing the only achievement he has done in this administration.


Receiving AND Bading goodbye to Ajala

volo112:
it is not meant for all houses. lagos HOMS IS a project by the lagos state project (Home Ownership Mortgage Schemes).

The State Governor, Mr. Akinwunmi Ambode, who stated this after embarking on an extensive inspection tour of projects across the State, said his administration has decided to scale up the rent-to-own policy by introducing monthly payment plan whereby people can pay monthly instead of being compelled to make a down payment of 30 percent of the total cost or pay for one year

He said: “We believe strongly that people should be able to pay one month rent and live in our housing schemes. We don’t think in a recession, we should be having a situation where we allow people to come and buy when they don’t have money or to come and pay one year rent. We think the way to move forward is to allow these our younger ones to just pay one month deposit and pay one month rent and move into the houses and then more or less play up our rent-to-own scheme,” Governor Ambode said.

this is a good initiative by the govt for its housing schemes. this is not meant for the houses built by residents. it is meant for the ones built by Govt. under the lagos homs project

Tremor007:
This is a nice and wonderful innovation from the State Government of Delta. If they can keep the tempo up in this manner it will spread over all the Country and business will be encouraged for those who wants to buy landed properties for businesses across the Country.

bettercreature:
Did you expect them not to rig it?
APC will never conduct any local government election without the assurance of the INEC REC in that area that APC will win everything
PDP winning some local government will unsettle and distabilize the state government

yedidiah:
3M yet ba still Sidon you Sidon; the seat no even get enough room for you to stretch your legs sef.

PaulIdu:
Please how are credit cards the best way to deter drug smugglers ,Drug smugglers already have valid passports and visas and most already have valid credit cards . They are are just exploring another route on how to peel their money out of Nigeria fastest ..if this test is successful they will soon mandate all routes to book with a credit card

feldido:
It's just a subtle way to reject the naira so they can easily repatriate their money. They have been looking for an excuse, and now they've gotten one.

doublefreez:
if he is working against his boss, he should be duely cautioned, and cautioned he is. repent and turn back to the ways of the government of the day.Is it Fayose that suspended him directly? Don't get it twisted people.

Ademat7:
tell m more...are u serious about this

pinkcottoncandy:
I think in general Nigerians and our leaders are all economically stupid. we keep talking about less than 50 billion dollars to pull us out of the recession or save us as a nation. Considering the global purchasing power parity,where price of goods in london is the same in naija or even higher, how can a nation of 170 million people(my figure)survive on 50 billion dollars when uk population is 70 million and yet they are owing over 1 trillion dollars.

OBJ was quick to pay back debts....what ever the negotiation he thought he succeeded in making, he should have been borrowing more to build refineries and create 247 electricity in order to attract foreign industries in Nigeria.

As for this recession and the dollar exchange rate...the only way out is if we build refineries and ban all export of oil, refine and use our oil, and any refined products left, sell to neighbouring african countries....

Once we can achieve that, the next step is to invite companies whose products are massively patronised by nigerians to open their factories in Nigeria or risk banning importation of their products.

Lastly, we cannot operate under one umbrella with the tribal divide. We should function as uk or us....the 4 regions should have their own government which reports to Nigeria...regional federalism.

We should have one official language....BROKEN ENGLISH

How did only Nigeria manage to have 250+ languages sef.....who all this plenty language EPP.....

For Zombies...time is not your friend....only time will prove GEJ as one of the best presidents naija ever had....and OBJ as the worst naija ever had...


as for the present cow!!!!!!....Fashiiiiiii

eleojo23:
Oh, so even OBJ did not save?
I thought it was all GEJ's fault?

2n2k:
[b]We need to clear some issues here before it gets muddled up

1. Nigeria foreign reserves are not kept in the vault of CBN, they are mostly deposited in many foreign banks but the cbn being the banker of government serves as the manager of the funds. If government needs forex, it will approach cbn, how cbn calls in the necessary deposits from foreign banks to pay government is the internal affairs of the cbn.

2. In lodging the forex with foreign banks, cbn is just like any other customers to those foreign banks

3. Soludo felt that since these foreign banks are banks like Nigeria banks and they use our money to do business and considering that the Nigeria banks had become bigger due to consolidation then, he made a policy that they too should become custodians of our foreign reserve like foreign banks but there should be a learning period under foreign banks for them. That was why local banks had to partner with foreign banks of their choice and the pilot scheme started with $7b in 2006.

4. The $7b were lodgements in banks not a loan. It is not that the banks will make a bullet repayment but the cbn would have been withdrawing over time just like any other customers. If you lodge money in a bank, you don't call it loan and you only withdraw at your discretion.

5. Foreign reserve is a fund not revenue. Revenue is derived from exports (of oil and others). That is what is shared by tiers of government. The cash backing in naira would have been provided by the cbn and spent by Nigeria then. There is nothing to retrieve from cbn again to be shared. If the cbn had failed to recover any of the lodgements, it would have made provision for such loss by now, but then, it is its loss, not loss of government revenue

6. Banks don't need approval of shareholders for treasury management just like cbn doesn't need approval from anybody (national assembly inclusive) on how, where and when to place/lodge the foreign reserve.[/b]

sledjama:
naira will gain naturally when the economy improves, this is econs 101.

empower and encourage farmers, see all the vast lands along lagos ibadan expressway? the can grow crops.

improve healthcare by building world class grade hospitals and improving on the service delivery of our general hospitals, equip them and employ all these nigerian doctors working in US, UK, etc hospitals
trust me, foreigners will fly in for treatments, i call that healthcare export.

get stable and affordable power supply for businesses, homes and hospitals

get a maintainance plan for our roads, both federal and state roads, this will reduce non productive hours spent on the road, it will improve the lifespan of our vehicles and money saved from repairs can go toward better things.

do you even know that getting good roads all over lagos for instance will make houses more affordable for the masses?
yes, when there are good and motorable roads in any area, people will migrate there and when there is less demand and more supply in expensive areas, landlords will reduce their rates in those areas.

this is how to START to grow the economy.

RichYoungNigger:
$1 was 150 naira when GEJ came in 2011
$1 was 240 naira when he left in 2015 after almost 5 years, that's just 90 naira increase

You gay lover "Buhari" came in in 2015 when $1 was 250 naira and he's in office for just 12 months and $1 is 435


Ain't you a foolish Zombie ??

Stelvin101:
Baba Iyabo started this sales of National Assets and that was how we lost Delta Steel Company to greedy and stingy Indians. He also sold NEPA and other national assets in the name of privatization and we all know they are the ones doing the buying as well with looted funds, using foreigner as cover face and partners. Now Buhari wan follow suit and do his own. Sometimes I wonder what do these painful gain inflicting poverty, pains, suffering on there fellow human and making life so unbearable for us all. No government in its right senses will want to privatize any of her assets, let alone one as vital as this. The funnies part of all this is once they eventually privatize it. Nigerians will never see the returns made from it. If you think am lying ask that Monkey of a former president to tell us what happen to all the money gotten from every national assets he privatized when he was head of state. If this is not stopped by Nigerians, soon every national assets will be owned by certain families in this country and that means they will control the number of meals people will be eating daily. If only people even know what even Dangote is really trying to do. Ohh my country

seyewest:
@ajalaonifaaji @2n2k Although they don't stamp out when you leave the U.S I know they will scan your passport on exit which is not really different from manual stamping. @ajalaonifaaji that means that we should expect CRonaldo Junior in 9 months... Oshey

nnokwa042:
how many UAE girls people or Saudi girls or Switzerland girls did u see in spain prostituting?if not how bad nigeria is