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Abbeyme's Posts

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EventsRe: Adorable Photos Of A Lady Serving As A Groomsman At Her Friend's Wedding by Abbeyme: 3:51pm On Jan 15, 2017
Is she straight?
EventsRe: Adorable Photos Of A Lady Serving As A Groomsman At Her Friend's Wedding by Abbeyme: 3:51pm On Jan 15, 2017
Alert
SportsRe: AFCON 2019: Nigeria To Battle South Africa For A Place (Full Draws) by Abbeyme: 10:15pm On Jan 12, 2017
This thing is not interesting so far we are not participating in this year's tournament starting this weekend
CelebritiesRe: Ambode Arrests Pretty Mike For Putting Girls On Dog Chains by Abbeyme: 12:37pm On Jan 12, 2017
Lagos only fit do am.

Restoring the dignity of humans!
InvestmentRe: Would You Join MMM If It Returns? Nigerians React(video) by Abbeyme: 11:31am On Jan 12, 2017
Hmmm
HealthRe: A Woman's Hand With Henna Tattoo Disfigured (Disturbing Photo) by Abbeyme: 11:22am On Jan 12, 2017
Fake tatoo oils?
PoliticsRe: Scarcity: NNPC Refineries Resume Production Of Kerosene, Diesel by Abbeyme: 9:06am On Jan 12, 2017
OK o
PoliticsRe: NNPC Refineries Resume Production Of Kerosene, Diesel by Abbeyme: 6:41am On Jan 12, 2017
This storyline is suspicious. It's somehow too neatly written around itself.
TravelRe: China-Based Nigerian Man Crashes His G-Wagon SUV. Photos by Abbeyme: 5:54pm On Jan 11, 2017
Going by what I saw in a movie that the vehicle was extensively used, I thought the vehicle would be almost indestructible.. At least not to this extent as if it's a Keke Marwa that had the accident.

Congrats to thee young man and your family. I rejoice with you.
PoliticsRe: Fashola Inspects Ikeja Transmission Station, Lagos by Abbeyme: 4:57pm On Jan 11, 2017
Can we now celebrate 'Let there be light?'
Foreign AffairsRe: Photos Of Nana Akufo-Addo's Wive And Daughters by Abbeyme: 1:37pm On Jan 10, 2017
No be small thing
BusinessRe: First Bank Increases Mobile App Transfer Limit To N1m by Abbeyme: 1:32pm On Jan 10, 2017
YoungDaNaval:
As in bros I tire ooh! wey me don upgrade my diamond bank account to 5mill 2months ago. if naso, first bank na wash!
Wash? Really?

You need to know the amount of accounts holders use first bank. In case of a fraud incident, don't you know that the larger bank would have more casualties?

The better you lower your risk and exposure, the smarter ...
TravelRe: Airport Official Catches Man Packaged As Yam Inside A Carton (video) by Abbeyme: 5:53pm On Jan 09, 2017
You don't mean it....
PoliticsRe: President Buhari's Double Standard Syndrome. By Reno Omokiri by Abbeyme: 10:23pm On Jan 08, 2017
obailala:
A little piece of advice for you, always endeavour to put in a little personal effort in reading, sourcing correct data and discerning information, else you will be at the mercy of political propagandists who dish out beautiful nonsense figures to hoodwink you because they know you wouldn't bother researching.

You said Nigeria was the third fastest growing economy in the world right?... I'm sure you said that based on this 'FORECAST' by CNN
https://www.36ng.com.ng/wp-content/uploads/2015/01/4.jpg

Now kindly take a second look at the words in that image, it was only an OPTIMISTIC FORECAST for 2015 based on the high GDP growth rate recorded early in 2014. But guess what?... It did not eventually materialise because as oil price started dropping from mid-2014, Nigeria's growth which is tied to oil price also began slowing proportionally and as at mid-2015 when GEJ was bowing out, Nigeria's GDP growth rate had already crashed to 2.35%

https://cdn.tradingeconomics.com/charts/nigeria-gdp-growth-annual.png?s=nigeriagdpyoy&v=201603120907n

I don't think I need to speak further, try and do your own personal research next time instead of relying on info from political propagandists.



1. Oh yes this was a wrong move

2. This is the typical nonsense that happens in Nigeria due to the kind of political atmosphere we have. It did not start with Buhari and it will not end with him. Also budget padding has always existed, it was only given attention this time because Nigerians are now more vigilant.

3. This is inconsequential, the investors aren't fools not to do their own investigations to know what is obtainable in the Nigerian business climate. Buhari's honest words may have been politically incorrect and unnecessary, but that is not what chased any investors. Investors don't take their money to places where there isn't money. Nigeria relies purely on oil money, oil prices rose to the peak and investors flocked in, oil prices began dropping (less money in economy) and investors started bailing out, very simple logic.

4. Over 60% drop in oil prices is what led to forex scarcity seeing that over 90% of Nigeria's forex comes from oil export. Nigeria's foreign reserves fell rapidly from $38.5 billion to $28.5 billion in the last 6 months of GEJ, Naira also crashed from 160 to 230 to $1 within same period and this was depite that oil still sold above $60. With the rapid drop in forex reserves in those last 6 months, you don't need to be told what would have happened had the reserves dropped to zero (go read about Venezuela); hence the restrictions to forex was an inevitable life saving venture when the new govt came in. I dont need to explain this further, your mind is already configured not to understand it.

5. Buhari handled the Niger delta and Ipob issue poorly.

6. What key sector exactly needs to be handled by a particualr tribe?... Leaders employ/appoint who they believe they can work with, OBJ did it, Yaradua and GEJ also did this. Can you please point out an example where appointing a wrong tribe has hindered progress in a particular sector and can you please name who or the tribe that should have been appointed into the position for it to be 'correct'?


Here we go again with people who have no idea on the 'time value of money'. In 1999, Nigeria's import bill was less than 10% of what it is presently, so even that $3billion which OBJ inherited then was far more valuable than $30 billion in 2016 when all Nigerians now own international mastercards, Visacards, paypal accounts, run international businesses, consume foreign goods including handkerchiefs and toothpicks etc. In summary, the demand for forex today is several multiples more than what it was in 1999 so the $3bn in 1999 argument is nonsense.

Something else you need to ask is what the wage bill and general recurrent expenditure in 1999 was compared to today; you can start by asking yourself how much was minimum wage and size of the civil service was in 1999 vs today then you would understand why a man receiving N10k salary in 1999 could be more comfortable than a person receiving 50k salary today.

Take a trip back to that chart I posted above on the country's GPD growth rate from 2014 till date and except you choose to stubbornly lie to yourself due to some meaningless sentiments, it would be clear to you that the country was already accelerating to recession before GEJ handed over.

Just to correct and clarify the erroneous figures you quoted above, during the Yaradua/GEJ era, oil prices never dropped to $26, rather it fell to $38 and this drop lasted for only 6 months compared to the present drop which has lasted close to 3 years; in addition, the massive savings in the CBN reserves is what rescued Nigeria from falling into problems in those 6 months, specifically $20billion was spent in mid-2008 to ealry 2009 to bail Nigeria out of that oil price drop, hence the continued insistence on the lack of savings by GEJ during super high oil prices being a great catalyst to the current recession.
Your post is well researched and calmly pressented. This is a good one.

Thanks.
Nairaland GeneralRe: Man Uses His Leg As Bait To Catch A Big Anaconda. Pics,video. by Abbeyme: 3:25pm On Jan 08, 2017
Snake things
CelebritiesRe: Juliet Okoroafor Donates 200 Medicated Eye Glasses To Isiokpo Community by Abbeyme: 3:08pm On Jan 08, 2017
Waoh. That's great
PoliticsRe: Valentine Ayika Carries His Filipino Wife After She Returned From Vacation by Abbeyme: 8:36am On Jan 07, 2017
ok

Anything can be news these days...
SportsRe: Athletico Bilbao 2:0 Barcelona Fc by Abbeyme: 10:56pm On Jan 05, 2017
This game may end this way oooo.

FCB still trailing at 1:2
CrimeRe: Soldier Batters Prison Imam In Osun As Ta’awun Crises Get Messier by Abbeyme: 1:02pm On Jan 03, 2017
But why
Christianity EtcBuhari'll Die Towards 2019, Kanu Will Be Released & There'll Be Biafra - Prophet by Abbeyme(op): 10:07am On Jan 03, 2017
Oriental Times: Buhari'll Die Towards 2019, Nnamdi Kanu Will Be Released & There'll Be Biafra - Prophet Drops Shocking 2017 Prophecy


An Asaba based prophet, Emmanuel Chukwudi of King of Kings Deliverance Church, has given his prophesies for 2017.

And according to the prophet, detained leader of the Indigenous People of Biafra, IPOB. Nnamdi Kanu will be released while President Muhammadu Buhari’s health will fail him and he “shall go the way of all men”, towards the end of 2019.

He said that the release of Kanu will lead to the liberation of Biafra

Speaking on the economy, the prophet said that God told him that: “Nigeria will come out of its current recession before the end of 2019.”



He however warned that the army would attempt to take over power, but the Vice President, Yemi Osinbajo would “prevail” and lead the country.

Prophet Chukwudi said: “Tell pro-Biafrans to stop shedding tears. Their leader Nnamdi Kanu shall not remain in prison custody for too long again. He is already on his way out. As for their (pro-Biafrans) agitations for Biafra, the Lord says it is already in the horizon. Their day shall come soon”.

“The Lord is also speaking about Nigeria. Nigeria will come out of its current recession before the end of 2019. Oil price will stabilise and hardship shall disappear.

“But towards 2019, the president’s health shall fail him, and he shall go the way of all men. But VP Yemi Osinbajo shall wrestle with the soldiers. They shall try to seize power and Osinbajo shall prevail. He shall lead Nigeria into 2019.”


http://www.otimestv.com/2017/01/buharill-die-towards-2019-nnamdi-kanu.html?utm_source=&utm_medium=facebook&m=1

AutosRe: Your American Spec Cars And Spare Parts *used & Band New* by Abbeyme: 7:52am On Jan 03, 2017
OraxsAutoline:
the complete engine of Nissan Pathfinder 2005, V6, Auto, 650,000 naira

for more information please feel free to contact us
OraxsAutoline
Email:OraxsAutoline@usa.com
https://www.facebook.com/ORAXSAUTOLINE/
Waoh!!!

Abeg whenever the price of this machine comes down, let me know ....

tnx
Forum GamesRe: Which Tank Will Be Full First? by Abbeyme: 11:58pm On Jan 02, 2017
welcome back

ladyF:
My answer is tank 3.

Tank 1 can't get filled up because it keeps losing water to tank 2.

Tank 2 can't get filled up because it keeps losing water to tank 3.

Tank 3 can only start filling up tank 4 once it gets sufficient volume/pressure to push water up that height to tank 4. So it's going to get filled up before tank 4 does.

Hope ayam not an olodo o. Oya clap for LadyF.

It's LadyF again grin grin grin
LadyF
AutosRe: Your American Spec Cars And Spare Parts *used & Band New* by Abbeyme: 10:59pm On Jan 02, 2017
OraxsAutoline:
We Offering Worldwide Delivery Service of American Spec Cars and Spare Parts *Used & Band New*

for more information please feel free to contact us

OraxsAutoline
Email:OraxsAutoline@usa.com
https://www.facebook.com/ORAXSAUTOLINE/
How much is it to get a complete engine of Nissan Pathfinder 2005, V6, Auto
AutosRe: 2005 Model Toyota Rav4@#1,250m ABIA STATE .CALL--08131012103 by Abbeyme: 9:57pm On Jan 02, 2017
So,

NnadyAutos:
@Demmy66, there is nothing to be care for.who bought the vehicle wants to resale after 4 months in use.Also remember that am the same person that previously sold.
What was the issue with the vehicle that the previous buyer returned it. (It was first sold it at Benin, now it is located at Aba)

I give u kudos for settling with the previous buyer and helping get his money back. But you must give a full disclosure. We have had many heart-breaking stories of vehicle dealers duping and selling LEMON to unaware NLders.
CrimeRe: "I Only Made An Attempt"; Man Arrested For ‘defiling’ Girl In A Bathroom by Abbeyme: 3:29pm On Jan 02, 2017
Lol
AutosRe: Can We Give Cityhood Another Chance? by Abbeyme: 9:13am On Jan 02, 2017
gbenga007:
I followed every posts about cityhood and I'm quite sure he has regretted everything that must have happened.
In the spirit of New Year, can we show him some love and give him another chance? There's no way he will ever want to repeat what has happened. We have never met but I really feel for him.
And to those he has offended knowingly or otherwise, kindly forgive him please.
Just like I read on a thread, he may not be too learned to defend or even accommodate this damage of the year (2016).

Thanks and God bless.
Story for the gods.

Let him address the issues raised against him.

Apologize.

Ameliorate.
CrimeRe: Drunk Policeman Brutalizes A Man With His Gun At First Bank,uyo,akwa Ibom(pics) by Abbeyme: 8:57am On Jan 02, 2017
You are very lucky, bro.

You telling a drunken policeman with a gun to ask someone else. Deferring an inquiry of a policeman under influence. You are generously lucky to survive this.

For me, I won't argue with a law enforcement agency outside of my zone of comfort, let alone one that is under some influence.

I wish you a complete and quick recovery.
CelebritiesRe: Wizkid, 2Face And Other Stars Show Support For TV Host With Kidney Failure by Abbeyme: 8:07pm On Jan 01, 2017
God's speed in his quest for financial aid...

Wishing him quick recovery.
Jobs/VacanciesRe: N-power- I Just Received My Stipend. by Abbeyme: 5:42pm On Dec 30, 2016
gracyblaze:
Thank you very much Sir
UWC
Jobs/VacanciesRe: N-power- I Just Received My Stipend. by Abbeyme: 5:25pm On Dec 30, 2016
Nope

Ymodulus:
You stay in abuja?
Lagos
Jobs/VacanciesRe: N-power- I Just Received My Stipend. by Abbeyme: 5:21pm On Dec 30, 2016
Ymodulus:
check your account. Sent you 20k

Now you can have the account details off nairaland.
Nice one, bro.

@gracyblaze,

I added 2k for u.

The Remark is Nairaland

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