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989900D's Posts

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PoliticsRe: "Amaechi Tried To Bribe Me" - Inyang Okoro Accuses Minister by 989900D: 7:04am On Oct 19, 2016
tabletman1:
[s]Nigeria is heading to anarchy.
Buhari is a mistake [/s].
BusinessRe: Emirate Airline To Suspend Operations In Nigeria by 989900D: 8:44pm On Oct 18, 2016
Didn't the CBN mention sorting airlines lately? undecided
PoliticsRe: FG Determined To Kill PDP – Wike by 989900D: 8:02pm On Oct 18, 2016
What is PDP still doing alive? For all her atrocities, she should be executed by firing squad. #getrid
PoliticsRe: God Will Punish Buhari - Femi Fani-kayode by 989900D:
Always appealing to the emotional weakness of the gullible.

If God should punish Buhari for detaining your wife girlfriend (seems you don't know the difference Mr. fornicator) and kid in a banking hall, then what should God do to you, GEJ, Dasuki, Mama Peace, Fayose, Alex Badeh, Amosun, Ihejirika, Minimah, Sambo, Obanikoro, Metuh, Corrupt judges, and the endless list of all your co-conspirators who ate over $15b arms money to the death, mutilation, displacement, rape, impoverishment and ailment, of millions of people in the north east particularly, and Nigeria in general?

You think those innocent soldiers who lost their young lives defending this fine country with their bare hands and blood in lieu of proper arms and ammunitions don't have wives, mothers, fathers, friends, brothers, sisters, in-laws? All while you and your ilk were greedily drunk and obsessed in gluttonous wealth and insatiable ostentation.

Not to mention the little matter of a dilapidated economy you and your friends handed over.

If God were like you FFK, you and your whole family would have been wiped out on that fateful night in '66.

You've absolutely learnt nothing from your father's tantrums, nor have you learnt anything from God sparing your life, it is all about 'chop life' like your father will gladly taunt.

PoliticsRe: Aisha Buhari Heads To Brussels (photos) by 989900D: 4:17pm On Oct 18, 2016
First world country: A country where the poor, rich, and powerful catch a train with no hassles.

Re: Aisha: Bubu dey chop better food, and he knows it -- forget all the frontin'!
PoliticsRe: EFCC Confronts Obanikoro With $1m Bureau De Change Receipts by 989900D: 4:05pm On Oct 18, 2016
Detectives were said to have assured the ex-minister that the EFCC had a clinic and an ambulance in case of emergency.
My favourite part of the story.
PoliticsRe: In The Face Of Corruption, Lets Remember The No Nonsense General; Tunde Idiagbon by 989900D: 4:00pm On Oct 18, 2016
That was one bad a$$ no-nonsense m'fxcker . . . Baba, I dey hail o!

He was too rigid for his own good; his patriotism though, is one of a kind.

He never accrued wealth, his wife maintained a meager window shop at their residence.

Buhari dey learn work, where Idiagbon dey.

Imagine Idiagbon as your EFCC/DSS boss.
shocked undecided
PoliticsRe: Precious Chikwendu Denies Her Account Was Used To Launder Money by 989900D: 3:47pm On Oct 18, 2016
Nothing here to form any conclusion about anything.

This neither validates the accused nor the complainant.

Total transaction (in and outs) on that same account is about a million in the few days displayed.

The displayed is not an admissible evidence either.

PoliticsRe: Nigeria Seeks $15bn Upfront Oil Payment From India by 989900D: 11:18am On Oct 18, 2016
Kachikwu has really done well for this country: from China to India to the middle east deals, to revamping NNPC, attending to issues in the ND . . . he is a blessing to this administration.
Foreign AffairsRe: Donald Trump And The Hypocrisy And Shallowness Of Evangelical Christianity. by 989900D: 10:59am On Oct 18, 2016
I can't for the life of me understand why a non-KKK homo sapien born of a woman will ever support Drumpf.
Foreign AffairsRe: Donald Trump And The Hypocrisy And Shallowness Of Evangelical Christianity. by 989900D: 10:51am On Oct 18, 2016
peterphd:
[s]No, The Donald actually exudes common sense. He's man enough to admit that America has a problem with immigrant Latinos, Muslims and the likes. As for your misogyny accusations, he is what every woman (feminists included) want. He's rich, he's tall, he's got it all (no pun intended). If having the balls to call out American leaders for the chicken shiits they are is negative, then negative is a description he'll gladly accept. You left leaning commenters and feminists in male bodies should try other things. The labels racist, sexist and all the other 'ist' and 'ism' ending words don't work anymore[/s].
PoliticsRe: Fayose Shuts Down Access Bank Branch Over Fani-Kayode's Wife's Detention by 989900D: 10:42am On Oct 18, 2016
saint047:
[s]Sahara reprters will do everything to smear fayose's name. But they(Sahara reporters) cannot change light into darkness. When did access Bank became law enforcement agency that arrest"criminal"? This bad lagacy being set by this govt will one day affect Sahara reporters, then they (Sahara reporters) will be reminded by Nigerians that they(sahara reporters) suppoted the injustice and tyranny. The cane that was used to flog the first wife is reserved for the incoming wife[/s]
PoliticsRe: Precious Chikwendu ‘Attempted To Withdraw Money’ From Account Under Watch – EFCC by 989900D: 10:27am On Oct 18, 2016
"I am not understanding this story o" . . . I have been in the "azher room".
PoliticsRe: Precious Chikwendu Speaks On Detention At Access Bank In Ekiti By EFCC Orders by 989900D: 10:23am On Oct 18, 2016
Developing story. lipsrsealed
PoliticsRe: Boko Haram Kills 20 Soldiers After Release Of 21 Chibok Girls - Says ISWAP by 989900D: 10:18am On Oct 18, 2016
justmenoni:
[s]Go there and confirm yourself, then take pics and upload here for other gullible ones like you.[/s]
PoliticsRe: BBOG Group Blasts Hadiza Buhari-Bello For Raising N3.5m ‘With Its Brand Name’ by 989900D: 10:16am On Oct 18, 2016
As long as the actual recipients are going to get the funds, no biggie. They should resolve this.
BusinessRe: Interbank Rates Soar As Naira Firms At Parallel Market by 989900D: 10:06am On Oct 18, 2016
modath:
See as you type epistle dey wait for me! cheesy

One sure thing I know is that oil price must come up small, the rest na just band aid.
The irony Mo' is, if oil prices keep increasing, and we still import refined fuel, it is going be a problem on the one side for us.
BusinessRe: Nigeria Cannot Achieve Economic Diversification Without Forex — Dangote by 989900D: 10:04am On Oct 18, 2016
Of course.
BusinessRe: Interbank Rates Soar As Naira Firms At Parallel Market by 989900D:
modath:
Which magic a country totally import dependent with oil selling at rock bottom price? For this una consumptive non productive obodo? I agree!! grin

The best we can hope for is between 350-400... CBN just did 2months forward (can't really explain cos I understand just in layman's opinion but not very deeply) for manufacturers hence no naira liquidity...

Just wait for the effect of bank's stopping their cards from forex denominated transactions..


989900 , come and use economic explanation take torchlight this..
My other ID has been sent to the "azher room" by mods, Mo'.

Well, like you said 300-400 looks more practical for now till there is increase in oil production, and hopefully close to $60/barrel Brent.

That said, the recent N400 plus dollar is largely due to saboteur, hoarding, speculating, and general racketeering of which the banks are major players in collaboration with some CBN staff who actually do own some of the BDCs. Then we have the small and big time hoarders and round trippers. A lot would depend on how the CBN checkmates this.

At the moment, $15,000*week*3,000 BDCs is already working in just roughly a week of commencement, if the earlier recommended $50,000 or more*week*3,000 BDCs can be done ($600m per month of the projected $2.9b thereabout per month expected from diaspora remittance), it will bring the rates to well under N380, actually less, depending on some other factors i.e. CBN's proactive response, hoarder's response to their falling stock, and some other factors.

On the longer term, if the rice and general agric initiatives yield positively, and if the over $100b in investment commitments Kachikwu, Adeosun, and Emefiele got from their trips to Asia, Europe, and North America would trickle in (a 40 member delegation from China should be in the country any moment this October to put their money where their mouth is), and we can have some of our assets sold or leased soon enough, it will help MASSIVELY with the Naira situation going forward.

We need investments in our Oil and Gas sector, Rail, Power, Housing, Roads, Agric, Car manufacturing and other Manufacturing to make the Naira practically strong.

Ultimately, our best hope (considering how good we are at making simple stuffs be rocket science) of getting out of the woods while we figure other exports bringing in Forex is, Dangote refineries and Fertilizer plant and power plant, the other refinery in Akwa Ibom, NNPC leased or PPP refineries, the other ones coming up in Okolola and Ogun state which all combined, can refine over 1.4 million barrels of crude; enough to eliminate our Forex needs for refined fuel with a lot more to spare for exports (earning Forex from refined fuel export) -- that will be our major game changer -- that, with the earlier listed, can bring the Naira to as low as N100 to $1.
PoliticsRe: Niger Delta Militants: Blown Up QCC Delivery Line, Declare Total War On FG, Oil by 989900D: 4:22pm On Oct 17, 2016
At least the pipeline dudes know what they are angling for, and what comes to their pockets -- sorry to Nairaland miscreants who will gain nothing but misery, and more misery upon misery, but are excited about pipeline vandalism. undecided
Technology MarketRe: Exchange Rates Of International Currencies >>>Updates on First Page<<< by 989900D: 4:05pm On Oct 17, 2016
Macaulish:
IS PARALLEL MARKET RATE COMING DOWN OR DECEIVING US??
My ab0ki buys a little lesser than that; sells a little lesser than that.
PoliticsRe: External Reserves Hit 11-year Low Of $24.21bn by 989900D: 12:49pm On Oct 17, 2016
Sibrah:
No, we will. Go research the rate at which the reserve was being depleted under GEJ last two years and get to understand what I am driving at.
You are wasting your time talking to people who know zilch about Foreign reserves, depletion, appreciation, or any other thing for that matter, than attack Buhari senselessly. It is not everything you can blame Buhari for even though the man has his shortcomings -- actually one of his shortcomings is 'over-saving' the reserves in lieu of doing a little more for the Naira and the economy. Imagine growing the ECA in the face of reduced production and oil price.

Folks you are replying to, know next to nothing about these things -- stop wasting your time with nut-heads.
PoliticsRe: External Reserves Hit 11-year Low Of $24.21bn by 989900D: 12:40pm On Oct 17, 2016
naijaboy756:
[s]Imagine Obama had people like you as supporters when he took over an American economy under recession. If Buhari isn't willing to work, he should just resign. How can a man be toying with the destiny of over 170M people? Didn't we elect him to get alternative sources?[/s]
PoliticsRe: External Reserves Hit 11-year Low Of $24.21bn by 989900D: 12:40pm On Oct 17, 2016
naijaboy756:
[s]Pls will u just sh*ut up and get o*utta here? Even Zombies in movies have brains. If they don't attack Buhari as the President presiding over the destruction of our country is it late Yaradua that will be held responsible? Must you support rubbish because of religio*n? Goooshhhhh![/s]
PoliticsRe: Imagine If Dr. Dora Akunyili, Ex NAFDAC Boss Restricted "Office" To The Kitchen by 989900D: 12:38pm On Oct 17, 2016
One of the very few selfless and patriotic Nigerian who ever lived! #rolemodel
Jokes EtcRe: Checkout 'The Other Room' Photoshopped T-shirt by 989900D: 11:36am On Oct 17, 2016
Smiling sheepishly from the "ozha room". cheesy
PoliticsRe: Girl Beaten To Pulp For Publicly Challenging Benue Governor, Ortom by 989900D: 9:56am On Oct 17, 2016
sad.
Technology MarketRe: Exchange Rates Of International Currencies >>>Updates on First Page<<< by 989900D: 9:40am On Oct 17, 2016
Tried ATM withdrawal on Stanbic, yesterday: N320 to $1.
BusinessRe: Dollar Scarcity: Banks Suspend ATM Card Usage Abroad by 989900D: 6:59am On Oct 17, 2016
Chaos.
PoliticsRe: Fayose Says He Is Not Ready To Make Up With 'corrupt' Obasanjo by 989900D: 9:35pm On Oct 16, 2016
Like father, like son.
Technology MarketRe: Exchange Rates Of International Currencies >>>Updates on First Page<<< by 989900D: 8:00pm On Oct 15, 2016
Are Stanbic and Access bank cards still working for international POS and ATM purchases; online too?
PoliticsRe: I Hope Aisha Buhari Will Not Suffer Same Fate As Sefinat Buhari - Fayose by 989900D: 10:17am On Oct 15, 2016
Wetin concern you?!

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