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CrimeWhose Dad Is The Richest? by 4Play(op): 12:22pm On May 14, 2018
Two wealthy Nigerians who battered a fellow student with a shisha pipe in an argument over who had the richest father have been spared jail.

Elvis Ilonze, 20, who has had his Mercedes car covered in fur, attacked his childhood friend Prince Nnaji in the flat they shared in Brighton, East Sussex.

Mr Nnaji tried to escape from the flat but Ilonze, along with his friend Daniel Oluyemi chased after him and beat him with a wine bottle on April 7 last year at about 10pm.

While inside the flat Louanna Rayawa, Mr Nnaji's girlfriend, tried to stop the attack, but was pushed to the ground by Elvis Ilonze.

The pair also assaulted law student Chiedozie Dibiagwu, 23, who was sitting on a chair nearby and witnessed Mr Nnaji being assaulted.

Nnaji and Ilonze had known each other from Nigeria, but when Nnaji dared to suggest that he had the richer father Ilonze decided to 'teach him a lesson'.

Ilonze and Oluyemi, 24, both pleaded guilty to two counts of assault occasioning grevious bodily harm and were spared jail at the Old Bailey.
http://www.dailymail.co.uk/news/article-5726269/Two-privileged-Nigerians-battered-fellow-student-shisha-pipe.html
CelebritiesRe: DJ Khaled Explains Why He Doesn’t Perform MouthAction On Women by 4Play(m): 12:56pm On May 05, 2018
Ishilove:
Receiving. We are women and we both know the kind of activities that go on down there. I think it's unclean for anyone to stick his mouth down there and lap up things embarassed
Is there much evidence the vagina is cleaner than the mouth: the same logic that rules out cunninlingus should rule out kissing.

We need to go back to the ways of our forefathers - quick (1 min long) coitus in the missionary position with no kissing or any pre-intimacy/afterplay.
PoliticsRe: Before And After Photos Of Adamawa Suicide Bomber (Graphic) by 4Play(m):
Sunnymatey:
The pple here are not security conscious, hw can they allowed some1 dress like this unchecked b4 entering public places.
"Heavy clothing" to mask the bomb strapped to their torso is often a tell-tale sign. Wearing a jacket in Naija weather with a thousand yard stare can be something the security agencies look out for.
EducationRe: Students Of Creek Senior High School, Apapa Heading into a Street Fight (Video) by 4Play(m): 10:04am On Apr 28, 2018
Honing their fighting skills may come in handy if they ever become legislators. This is a necessary rite of passage for any aspiring politician.
PoliticsRe: Donald Duke Replies Ngozi Okonjo-Iweala "You Left Nigeria Poorer Than You Met It by 4Play(m): 7:45am On Apr 25, 2018
IamaNigerianGuy:
Let me offer another angle. Nigerians did what was necessary in 2015. We did our part, played our role, made the hard decisions and followed through. Buhari did not uphold his end of the bargain. It is the leaders that have failed the people.
It was never necessary to replace ineptitude with even more severe ineptitude. It wasn't like Buhari was an unknown quantity, an untested leader on whom we could logically project our hopes and aspirations. We had already experienced his ineptitude from 1983 to 1985.
PoliticsRe: Nigeria In Debt Of Over $15bn And 14trillion Naira Respectively by 4Play(m): 7:33pm On Apr 20, 2018
GavelSlam:
Our foreign debt is always valued in the more stable currency of dollars, the currency in which it was incurred.

I don't expect you to know that being a blockhead.

The total debt was 63 billion dollars.

You and Jonathan are thieves.
You are a mendacious oaf. You are using the collapse of the Naira to convey the impression that Nigeria doesn't owe much. The audacity of you fecal-brained propagandists is mind-boggling!

If the government had N160bn in debt in 2014 and N305bn in 2018, the fact that both figures equate to $1bn at the official exchange rate does not mean the debt hasn't increased. This is particularly so if most of the government's debt is Naira denominated.

I hope they pay you well for the drivel you come out with.
BusinessRe: Angola Overtakes Nigeria As Owner Of Most Battered Oil Currency by 4Play(m): 9:11am On Apr 12, 2018
grandstar:
Angola's economy has been badly managed from time immemorial especially with socialist spirit.

It was made was by the endemic corruption and looting by the previous government which had been in power for over 30years.

For such a badly run economy to have its currency just worsen past the naira in the depth of its exposes the depth of Buharis economic mismanagement. The Naira shouldn't have lost more than 30% of its value if the economy were left in the hands of experts.

Instead, he with his lamentable understanding of economics imposed economic hubris on the country throwing it into a recession, the first in about 30years.
The Buhari apologists will be bringing out the celebratory champagne for this "sterling" achievement.
BusinessRe: Angola Overtakes Nigeria As Owner Of Most Battered Oil Currency by 4Play(m): 9:03am On Apr 12, 2018
niyisky:
So convenient to single out Angola. Why did you overlook Rusia who are next to Nigeria? Its their economy also badly managed? Truth is...Buhari met a battered economy and a dwindling oil fortune.
Why compare Nigeria to Russia who are subject to Western economic sanctions due to Russian military invasion of Ukraine and a variety of other reasons? Again and as with the Venezuelan comparison often trotted out but ill-informed Buhari apologists, the Russian financial crisis started in 2014 and yet no one then tried to justify GEJ by comparing Nigeria to Russia.

If you replace a looting government with an honest/competent government, which is the narrative Buhari supporters promote, that in itself should provide an economic boost. To ignore the sheer incompetence of this government by making naive comparisons to Venezuela, as you guys often do, is like justifying a leader by making comparisons to Idi Amin.
CareerRe: "3 Weeks After Reporting A Much Older Coworker, I Was Fired From My Job" - Lady by 4Play(m): 8:45am On Apr 12, 2018
tetula123:
Mind you, I am not saying the girl wasn't harassed but with the rate at which ladies claim one form of abuse or the other when ever it involves men(which sometimes are lies) , I am always skeptical about stories like this.
You people always use this faux neutrality line to undermine the credibility of female accusers. Of course, there is a problem of false female accusers but there is an arguably larger problem of men who get away with harassing women because the harassed woman lacks the courage to complain or because harassment apologists like you impugn their motives.
PoliticsRe: Nigeria’s Foreign Reserves Hit $47 Billion - Surpass That Of South Africa by $4b by 4Play(m): 12:40pm On Apr 10, 2018
olujastro:
I was hoping someone would reply you but no one did.
At the first bolded, yet no one can answer the question, why was our foreign reserve reducing instead of going up when oil prices were rocket high at over $100 under Jonathan, the looter-in-chief?
At the second bolded, you are equally being ignorant if not worse. It's called foreign reserves not local reserves, which means it's denominated in foreign currency (mainly USD) and not naira. Meaning the amount in the reserve has nothing to do with the prevailing exchange rate. Even if exchange rates go up, people adjust to the new rate and pass on the difference to the consumers which leads to inflation. People don't stop importing except the government doesn't give out fx anymore.
Like I said, your ignorance is far worse than the average Nigerian. Venezuela is down to its last $10b of foreign reserve and as a result its currency is almost useless with concurrent hyperinflation. Before 2014, $1 = 10 vef. Now $1 = 205,000 vef. Venezuelans have been running to neighbouring Colombia and other neighbours to avoid starvation because the government can no longer import basic foods and medicines since 2015.
Foreign investors do not bring foreign currency into a country that has low reserves because of fear that they can't repatriate their money when they want to.

PS: Nigeria would have been heading to a refuse dump of economic crisis like venezuela if Jonathan had continued beyond 2015 as he added nothing to us but looted virtually everything in sight. Those who know know. Buhari's emergence put a major halt against our then impending economic crisis that all economists (including Okonjo, Sanusi and Soludo) had been warning us about if oil prices crash.
Your post is epic idiocy. If the Naira remained at N155 to $1, the reserves won't rise significantly even if oil were at $100 p/b as Nigerians would be able consume more imported goods. At N360 to $1, import demand is much weaker and you only need a decent recovery in oil prices to accumulate reserves. Increasing minimum wages from N5k to N18k, whilst maintaining relatively stable exchange rate, fueled consumption of imported goods. Without exchange rates falling, reserves could not have been accumulated notwithstanding high oil prices. Comparing forex reserves at significantly different exchange rates is a sign of economic illiteracy.

As for the Venezuela analogy, this is again borne out of ignorance. Venezuela entered into a recession in 2013, at a time GEJ was in power. Did you in 2014 or 2015 praise GEJ for not turning Nigeria into Venezuela?

June 9, 2013 1:32 pm by Benedict Mander in Caracas

Hyperinflation is looming in Venezuela, with prices suffering their highest monthly rise on record in May, while the economy slides into recession and the popularity of Nicolas Maduro, the new president, wanes.
https://www.google.co.uk/amp/s/amp.ft.com/content/b41fbcb4-d0f1-11e2-be7b-00144feab7de

How can you attribute to the present government a phenomenon (the relative underperformance of Venezuela by comparison to Nigeria) which was already apparent as early as 2013? Save your uninformed commentary to your fellow benighted ignoramuses.
PoliticsRe: Nigeria’s Foreign Reserves Hit $47 Billion - Surpass That Of South Africa by $4b by 4Play(m): 10:26pm On Apr 09, 2018
If you have sound macro-economic fundamentals (low inflation, high GDP growth, export growth and high FDI inflows), then forex reserves are a sign of strength. However, in Nigeria's case, the increasing forex reserves are largely to do with the recovery in oil prices and, more importantly, the depreciation of the Naira from circa N155 to $1 to N360 to $1. The latter acted as a curb on imports by reducing the purchasing power of the average Nigerian, whilst the recovery in oil prices allowed the CBN to replenish the reserves. This is why the comparison between now and the GEJ era is ignorant - you are comparing levels of forex reserves at vastly different exchange rates.

The example I have often cited before is the Abacha era when forex reserves increased from $500m to $7bn at one point (an increase of 1300%). This wasn't because of sound economic policies. This was largely due to the collapse in the Naira as we went from N22 to $1 to N85 to $1. This curbed imports and helped replenish the reserves. Put simply, you can save money by starving yourself (arguably starvation to death saves money) but that is not living. Policies which cause the collapse of the Naira and significantly reduce living standards do not become vindicated because of an uninformed fixation with forex reserves.

It's debates like these that illustrate that the Nigeria's problem isn't solely about the quality of political leadership but is also about a hopelessly uninformed electorate. To celebrate forex reserves against a backdrop of collapse in both living standards and the purchasing power of the average Nigerian is a celebration of abject ignorance.
PoliticsRe: Why Are Africans More Comfortable With Corruption? by 4Play(m): 11:46am On Apr 07, 2018
I think 2 main reasons explain this: tradition and ethno-religious divisions.

First with tradition, I mean that there isn't much historical precedence or grounding for the modern notion that a political leader ought to be accountable and desist from treating state resources as personal resources. In the pre-colonial era, would the Obi of Onitsha or the Ooni of Ife have been required to live anything other than an unaccountable life of splendour by the people? It takes time to be rid of this mindset.

In terms of ethno-religious divisions, it's difficult to hold leaders to account in a climate of divisive tensions. Political rivalry is intertwined with ethno-religious rivalry. Any prosecution of past leaders can be easily interpreted by such leaders' kin as an attack on them. This is moreso as the people in charge of the prosecution could not have obtained power without the use of illgotten wealth. It would then be akin to a criminal with power investigating a criminal without power, a state of affairs more analogous to gang wars.
PoliticsRe: Festus Okotie-Eboh: Nigeria’s Most Flamboyant Minister Of Finance by 4Play(m): 9:48am On Apr 05, 2018
He is reported as follows:

Minister of Finance Chief FS Okotie-Eboh responded to charges of accumulation of wealth by government officers by quoting from the Bible, “To those that have, more shall be given. From those that do not have, shall be taken even the little they have.”
[url] https://www.google.co.uk/amp/s/emotanafricana.com/2016/04/15/corruption-in-nigeria-to-those-that-have-more-shall-be-given-from-those-that-do-not-have-shall-be-taken-even-the-little-they-have-f-s-okotie-eboh/amp/[/url]
EducationRe: Man Launches Himself In Self-made Rocket To Prove Flat Earth Theory by 4Play(m): 3:19pm On Apr 01, 2018
Is this not an April fool's day story?
PoliticsRe: Ajaokuta Steel Mill Gets N360bn Excess Crude Account Lifeline by 4Play(m): 1:09pm On Apr 01, 2018
This is an act of madness and a brazen triumph for corruption.
CrimeRe: Kufre Umoh Uwem Jailed For Rape In Aberdeen, Scotland, Months After Wedding by 4Play(m): 8:15pm On Mar 29, 2018
Irukkanews:
It is indeed, I wonder what evidence they have because it all looks like a set up
This is what people always say in these cases. We are accustomed to men getting away with rape in Nigeria that we now adopt this knee jerk dismissal of a rape conviction after court proceedings where the accusation of rape has been proven beyond reasonable doubt.
PoliticsRe: Nigerian Govt's Borrowing Costs Are Dropping, DMO Data Reveals by 4Play(m): 7:01am On Mar 24, 2018
This is because the FG is taking on more external debt to reduce its borrowing costs. The interest rate on a dollar denominated loan is much lower than on a naira denominated loan. Less FG borrowing in Naira should bring down borrowing costs in Naira due to less demand.

Of course the downside to borrowing in a foreign currency is that the Naira could depreciate in the future significantly increasing the costs of paying back the foreign loan. This is what happened from the 80s to the 90s leading to 2 lost decades and the deal during the OBJ era to wipe off some of the foreign debt.
CrimeRe: Ugandan Victim Confesses To Have Enjoyed Rape, Suspect Acquitted by 4Play(m): 10:23pm On Mar 20, 2018
This is the kind of thing rape apologists enjoy reading.
AgricultureRe: Hunter Kills An Elephant At Janiyi Camp, Idanre, Ondo State. by 4Play(m): 9:58am On Mar 08, 2018
PAGAN9JA:
Useless country. I wish I was never born here.

Special Thanks to Nairaland as well for promoting animal killings on daily basis on fp.

A nation with people that reason like animals. Can't expect anything better.

Less than 40 elephants left in all Southern Nigeria. pitiful.
To say we reason like animals is an insult to animals. Animals kill for survival. Many Nigerians simply have a crass and heartless disposition which leads to the senseless butchering of any living thing.
PoliticsRe: Nigeria Attracted $12.2bn Capital Inflow In 2017 – NBS by 4Play(m): 6:20pm On Mar 01, 2018
Capital inflow in 2013 and 2014 were $21.3bn and $20.7bn respectively. Source: https://www.google.co.uk/amp/s/economicconfidential.com/business/economy-attracted-21-3bn-capital-inflow-in-2014/amp/

People are celebrating $12.2bn in 2017 as it represents a major increase from 2016 but we need to ask, why did inflows fall so dramatically in the first place?
PoliticsRe: Ex-minister Sambawa And 100,000 Supporters Decamp To APC In Kebbi (Photos) by 4Play(m): 8:49pm On Feb 18, 2018
100 thousand? Won't be impressed until an announcement is made that 1 million people defected from one party to the other.
EducationRe: Video Of JAMB Officer Saying Snake Swallowed N36 Million Released by 4Play(m): 7:24am On Feb 16, 2018
ysteph:
i honestly thought the story of the snake and the N36m was fake o.
So it is real?
This is a wake up call man....before this Country will collapse....!
I thought it was a fake story too until the lack of denial by JAMB and of course this video clearly evidences that someone of presumably sound mind had the audacity to explain away the loss of N36m by attributing blame to a snake!
Car TalkRe: Embark’s Truck Completes 2400mi Trip From LosAngeles To Florida Without A Driver by 4Play(m): 7:15am On Feb 13, 2018
Meanwhile in Nigeria, our best effort is Innoson which is busy repackaging made in China vehicles under the Innoson brand.
EducationRe: Nigerians React To Snake That Swallowed N36m In JAMB Office (Photos) by 4Play(m): 9:37pm On Feb 10, 2018
Maybe this explains lalasticlala's snake obsession. Perhaps he has the insight to know that some snakes are like bullion vans.
CelebritiesRe: Franky Kuri Was Ebony Reigns Lesbian Partner. They Died In Accident - MandyNews by 4Play(m): 9:18am On Feb 10, 2018
Donpresh95:
What's wrong with Africa sef. The other foolish pastor or prophet proudly came out braggingly to tell us that he cursed her to death. Now another Fake friend is talking nonesense. Please have some sympathy for once at least for people in pain
Their curses don't work on Shekau of Boko Haram, but rather on some barely known celebrity they ghoulishly delight in their demise.
TravelRe: Thousands Of Venezuelans Trying To Enter Columbia To Escape Economic Crisis(Pic by 4Play(m): 9:04am On Feb 10, 2018
ItsMeAboki:
This is the kind of crisis the Buhari administration has averted and saved us from experiencing but many here are too dumb and blinded with hatred to appreciate PMB's effort - makes me wonder how foolish and what they'd be saying now had GEJ's squandermanic and lootocratic continued in power.
I suspected this is partly the purpose of this thread: to praise Buhari by contrasting Nigeria's situation with Venezuela's. What ignoramuses like you ignore is that Venezuela went into recession in 2013, at a time Nigeria's economy was still growing. Were you comparing Nigeria and Venezuela from 2013 to 2015 when GEJ was in power?

Venezuela is in a uniquely bad situation due to the foolishness of its leaders. However, praising Nigeria's economic management by constrating it with Venezuela will be like praising the government's provision of security by contrasting Nigeria with Somalia or South Sudan. You don't grade your country by the worst available examples out there.
BusinessRe: IMF Forecasts 2.1% Growth For Nigeria In 2018 by 4Play(m): 8:51am On Jan 23, 2018
Freetech:
Bad news for wailers whose anthem is recession. their hero is a PhD shoeless kainkain man from Otuoke without academic publication, their lord is unemployable hunchback halfcast and their mentir is every looter.

Don't quote me Please ease, just look for nearby transformer if rat poison is not available and end your life.
This is epic idiocy. No economy is permanently in recession, the question is whether you can generate enough growth to improve living standards. Given population growth of circa 3%, Nigeria needs more than 3% GDP growth to improve living standards.

In reality, given that the benefits of growth are not evenly distributed and tends to accrue to the rich, you need close to 10% GDP growth to make any significant impact in poverty alleviation. People like you who celebrate mediocrity are abject treacherous oafs.
Christianity EtcRe: "Amazon CEO, Jeff Bezos Is World's Richest Man & He Doesn't Tithe"- Daddy Freeze by 4Play(m): 1:26pm On Jan 14, 2018
I think the tithing taps into our subconscious and habituated mode of behaviour. Nigerians live in a society where you have to drop money to get anything of worth. To get hospital care, school admission, employment, e.t.c., you need to expend some cash. So, of course, when a pastor tells his congregation that they cannot get into the kingdom of heaven without tithing, if fits with the Nigerian convention of everything of worth is for sale or transactional.

Also, historically, our cultural practices in the pre-modern era included bringing gifts (animals/foodstuff) to a shrine priest in exchange for "spiritual services." There was no cash then so the gifts were the available substitutes. So, again, tithing aligns with previous traditional/cultural practices we are accustomed to.
PoliticsRe: JJ Omojuwa, Debola Williams, Fela Durutoye React To Stealing Nigeria's Future by 4Play(m): 7:34pm On Jan 12, 2018
There is a stark illogic to the assertion that GEJ's incompetence justified voting/supporting Buhari. It's like saying we should vote or support Fani-Kayode or Rochas for president, if they ran, because Buhari is incompetent. There is no logic to supporting what should be an obviously unsuitable candidate to remove an unsuitable president.

A problem with the Buharists in the run up to the 2015 election was the gusto with which they painted Buhari as the second coming of a messiah. This was not a message of vote for Buhari because GEJ is awful, but vote for Buhari because he is what Nigeria needs.
PoliticsRe: Man Blasts Maria Ude Nwachi, Shows Shocking Picture Of Bridge In Her Village by 4Play(m): 1:45pm On Jan 12, 2018
The Afikpo chick was a lady of the night in the US and a "madam", she appeared on Howard Stern's show. She was later deported.
BusinessRe: Reasons Why Oil Is Not The Problem Of Agriculture In Nigeria by 4Play(m): 10:32am On Jan 05, 2018
From what I gather of the OP's argument, the allocation formula disincentives agricultural production/exports. This is insufficient as a primary explanation of the relative erosion of our agricultural sector as it is premised on governmental initiative/endeavour comandeering growth in agriculture.

The reason for the relative decline in agriculture lies mainly in the impact of forex inflow from oil exports on the competitiveness/viability of non-oil exports (including agriculture).

Forex flowing in from oil increased domestic money supply and domestic inflation. As Nigeria had a fixed exchange rate regime in the 1970s, I stand corrected, the return on exports did not adjust to offset the depreciation in the exchange rate.

Thought experiment: supposing you export palm oil and earn $1m which you convert to N1m in 1973 (not using actual exchange rates in this analysis). If you have domestic annual inflation of 20% but the exchange rate is stable, your N1m income in 1974 cannot buy the same things it bought in 1973 (you need the CBN to allow the Naira to fall to N1.2 to $1). If this keeps happening each year, you find there is no need to keep exporting your agricultural goods as your purchasing power is being eroded by inflation and the Naira's strength.

In summary, what is described above is the impact of real exchange rate appreciation on export competitiveness. This is the main channel via which the oil boom of the 1970s eroded our strength in agriculture.
PoliticsRe: Why Are Well Meaning Nigerians Silent On Fulani Herdsmen Attacks? by 4Play(m): 8:58pm On Jan 02, 2018
While I agree that the FG can do more, seeing the zero-tolerance the army showed Shias and IPOB, let's not forget that Fulani herdsmen violence was widespread during the GEJ era. It was during his administration that they made the top 5 of the world's most deadly groups:
[url]https://www.google.co.uk/amp/www.independent.co.uk/news/world/africa/global-terrorism-index-nigerian-fulani-militants-named-as-fourth-deadliest-terror-group-in-world-a6739851.html%3famp[/url].

I think the collapse of Libya led to a proliferation of arms. Add desertification, economic deprivation and demographic challenges (high birth rates amongst Fulanis) and you will realise this is only the beginning.

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