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Abhosts's Posts

Nairaland Forum › Abhosts's Profile › Abhosts's Posts

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Politics › Re: ₦ Plummets To 860/$! by abhosts(m): 11:29am On Jul 20, 2023
I bought dollar @ 865 today. Propaganda does not necessarily translate to good governance. If you cannot reverse subsidy removal, please stop this nonsense floating naira policy.
Politics › Re: Nigerians Should Shun The Idea Of A Protest by abhosts(m): 7:27pm On Jul 19, 2023
The same thugs that rigged elections are the only beneficiaries of riot and violence. Good and law abiding people gain nothing from Nigerian protest.
Politics › Influencers That Deceived Nigerians About Fuel Subsidy by abhosts(op): 3:40pm On Jul 19, 2023
Where are influencers like Reno Omokri that hyped the concept of fuel subsidy removal on behalf of their overloads? I hope they have seen the outcome of their promo?
Politics › Re: Special Appeal To President Tinubu by abhosts(m): 3:28pm On Jul 19, 2023
Nigerians are just too gullible and sentimental. What exactly did you think would happen if subsidy that has been a major aspect of the Nigerian economy for decades is suddenly removed 100 percent?

I thought you clowns were bragging that there is no fuel subsidy in other advanced nation so Nigeria should join them?

It is hard to feel sorry for Nigerians because you people would still believe the deceptive tweets from fools like Reno, even after he made you believe that subsidy removal was a good thing.
Foreign Affairs › Re: Putin Will Not Attend BRICS Summit - South Africa Govt by abhosts(m): 12:03pm On Jul 19, 2023
Much Ado about nothing. There is no way his safety was at risk going to SA that is very pro-Russia.
Politics › Re: Fuel @ 618/litre: Who Will Save Workers In Lagos & Abuja? by abhosts(m): 3:25pm On Jul 18, 2023
ayo2008:
Some ignorant followers are quick to quote Obi and Atiku about fuel subsidy removal, but they they disclose the modalities for removing fuel subsidy? The answer is No!

Removing Subsidy is not the problem but what is the Govt doing to cushion the effect?

Judging from what is on ground thus far, APC has failed Nigerians again.... Corruption will always beget corruption...
Obi called fuel subsidy 'organised crime' that needs to go. Does that sound like someone who wanted to be methodical in removing it?
Politics › Re: Fuel @ 618/litre: Who Will Save Workers In Lagos & Abuja? by abhosts(m): 10:28am On Jul 18, 2023
SalamRushdie:
We warned y'all to avoid that Obidient movt so we can first remove the satanic party APC from power and shut it down but una no gree
Atiku also promised to increase the suffering of the masses by removing subsidy and floating Naira. Only Sowore was pro subsidy.
Politics › Re: Nnpc Increases Pms Prices - Lagos N568, Abuja N617 by abhosts(m): 9:12am On Jul 18, 2023
Petrol price would only continue to rise for now because our currency's value is on a downward trend.
Business › Re: WEMA Bank: Your Naira Card Is Now Your Global Passport! by abhosts(m):
Their dollar rate is too high. People wanted Naira cards to work because they thought it would be cheaper than aboki rate.
Politics › Re: Highest And Strongest Currencies In Africa 2023 by abhosts(m): 8:04am On Jul 17, 2023
Ghana's currency was Redenominated. The strength is fake. If we remove one zero from the value of the naira, a dollar would be equivalent to ₦80 instead of ₦800.
Politics › Re: PEPT: What I Will Do If Courts Validate Tinubu's 'Victory' by abhosts(m): 9:29pm On Jul 15, 2023
Politicians think ahead of the electorates. When election is near, they would look for distractions that would make you feel your vote counts. Why do you think dancing senator won last election before the presidential?
Politics › Re: What Exactly Is Their Job Or Their Usefulness by abhosts(m): 6:31pm On Jul 14, 2023
I have always maintained that Nigerians are not ready for positive change. A serious government would have scraped about 90 percent of all traditional titles and monarchs. Most of them are unproductive and a constant drain on scarce state resources.
Politics › Re: Russian Lawmakers Pass Legislation Banning Gender Reassignment by abhosts(m):
In Russia, no one is free. Political Opposition is not free. Press is not free. So it be a pipe dream if the LG TV alphabet people expect any freedom there.
Business › Re: Naira Cards Are Back - Wema Bank by abhosts(m): 3:43pm On Jul 14, 2023
It is not a good idea to open up Naira cards when Naira is falling in value everyday. Increased demand would only worsen the situation
Politics › Re: Can The Poor Survive On 8,000 Naira Monthly? by abhosts(m): 3:26pm On Jul 13, 2023
This kind of palliative is susceptible to lots of fraud. Better results would be achieved if the money is used to buy thousands of CNG powered mass transit buses that would be distributed nationwide, so transport cost can come down.
Politics › Re: LP: Obi Not Planning 2027 Presidential Run by abhosts(m): 5:39pm On Jul 10, 2023
If nothing changes, Obi cannot win in 2027 because many would not waste their time when they know the election outcome has been predetermined.
Politics › Re: Fuel Subsidy Removal: Civil Servants Across The Federation Groan by abhosts(m): 5:33pm On Jul 10, 2023
Sometimes it appears as if APC people wake up every morning and pray to satan for ideas on how to inflict hardship on the populace. Just when we thought nobody can be as heartless as Buhari, Tinubu ups the ante. He was telling the truth when he said he wanted to continue where Buhari stopped.
Politics › Re: Reno's Troll Is Becoming Childish by abhosts(m): 11:39am On Jul 09, 2023
Reno has not changed. He has always been a lousy I-Too-Know clout chaser. You probably liked him in the past because his flattering tweets were favorable to your clan then.
Politics › Re: FIJ Identifies How Mmesoma Ejikeme JAMB Result Was Forged by abhosts(m): 7:23pm On Jul 04, 2023
The case was over the moment jamb made it clear that their portal stopped using that particular result printout format since 2021. The girl is most likely keeping bad company that convinced her to play along with the scam. They would have gotten away with it if not for the Anambra State government that contacted jamb for verification.
Foreign Affairs › Re: We Captured Russian Army HQ Without A Single Shot — Wagner Chief by abhosts(m): 5:26pm On Jun 24, 2023
Has anyone noticed that most of those putin supporters here on Nairaland also support a particular wicked nigerian political party? If you like, continue falling for their lies and propaganda.
Foreign Affairs › Re: Video: Thousands Of Russians Already Fleeing As Fight About To Start by abhosts(m): 4:59pm On Jun 24, 2023
ThugCheetah:
You dey nairaland dey pound chest say Putin na God and he will deal with everybody grin
Oya carry your keyboard go Russia go fight for am na, keyboard soldiers grin

Stoll waiting to see the positive outcome of Putin invading Ukraine. If he used all the resources and billions wasted to kill innocent people and destroy their homeland to quietly strengthen Russia's defence and revitalize the military, will any of this be happening?
Oya make him drop nuclear missile on his own country make we see who be mumu na grin
Has anyone noticed that most of those putin supporters here on Nairaland also support a particular wicked nigerian political party?
Politics › Re: Tinubu Is Killing Our Economy: Who Will Stop Him by abhosts(m): 3:16pm On Jun 22, 2023
Be sincere with yourself. All of the top 3 contenders for President promised Nigerians suffering because they all promised to remove fuel subsidy. Only Sowore spoke against subsidy removal.

I really don't understand how you convince adults that subsidy only favours the rich when that is a major life saver for them.
Politics › Re: Evangelist Ebuka Óbị To Move Ihe Church From Lagos To The East by abhosts(m): 10:43am On Jun 22, 2023
How is that even possible? Would all the church attendees also move with him?
Politics › Re: Naira Depreciate To 770.38/$ by abhosts(m): 5:40pm On Jun 20, 2023
Spraying perfume on faeces does not change it's composition. It is still faeces. You cannot float a currency of an import-dependent economy of a poor country and have a favorable outcome for the locals. The only people happy about your folly are the IMF and World Bank.
Business › Re: Dangote Is No More The Africa Richest Man As Johann Rupert Lead With $2b Networt by abhosts(m): 5:34pm On Jun 18, 2023
He will bounce back when they IPO Dangote Refinery but that could take a few years.
Politics › Re: The Implications Of Tinubu's Unplanned Economic Policy Changes by abhosts(m): 3:45pm On Jun 18, 2023
Removing petrol subsidy without local refining capability was a blunder. If floated naira hits ₦1200 and Brent Crude rises to 2022 highs of $130 per barrel, a litre of petrol could reach ₦1500 per litre. However, if all refining is done locally, the FG can intervene in times of global turmoil by supplying local refineries with crude oil at discounted rates.
Politics › Re: Fuel Subsidy Removal: Cost Of Living, Petrol Rates In Oil Producing Countries by abhosts(m): 2:12pm On Jun 17, 2023
Nigeria is a nation whose citizens can no longer enjoy the privileges of an oil-producing state because most of the Nation's resources have been plundered and mismanaged.
Education › Re: I Noticed Some People Are Ignorantly Happy About The Student Loan by abhosts(m):
I was very perplexed when I saw Nigerians celebrating the mirage they are calling student loan. I was almost thinking the news reports detailing the content of the bill were fake news. The government's propaganda is next level.
Politics › Re: Ñigerians, Is President Bola Ahmed Tinubu The Messiah We Have Been Expecting?? by abhosts(m): 7:57am On Jun 15, 2023
Lol. Official dollar rate went from 465 to 660 within one day and people are rejoicing. People truly get the leaders they deserve.
Politics › Re: Buhari was defending naira, Tinubu floats naira which is the best policy? by abhosts(m): 7:28pm On Jun 14, 2023
Nigerians are always so engrossed in wishful thinking instead of critical thinking.

So poor forex revenue from oil sales would suddenly disappear because some restrictions have been lifted on how Banks buy and sell USD?

The fact remains that the country is not earning enough from exports to fund Nigeria's imports so the Naira would continue to lose value and cost of living would continue rising.

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