Abhosts's Posts
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 Politics › Re: Naira Now Over N1300 At Official Market, Time To Dissolve Tinubu’s Government by abhosts(m): 1:32pm On Jan 31, 2024 |
When someone tells you who they are, believe them. He promised to continue with Buhari's legacy but you guys doubted and expected a Mandela. 1 Like |
| Crime › Re: Mother Of 11 Arrested Trying To Sell Her 2 Sons For ₦1.8M In Anambra by abhosts(m): 1:19pm On Jan 31, 2024 |
All children deserve parents but not all parents deserve children. 19 Likes 3 Shares |
| Politics › Re: Why Can't Africa Be One Country With Free Movement by abhosts(m): 7:12am On Jan 31, 2024 |
People pretending they don't know that black on black racism is 100 times worse than the racism of whites towards blacks. Blacks in African countries like South Africa and Seychelles hate fellow black Africans more than they hate the devil. 1 Like 1 Share |
| Politics › Re: A Dumb Economist And His 6000 Followers by abhosts(m): 12:58am On Jan 31, 2024 |
Reno is a glorified rabble-rouser who lacks actual substance. So based on his logic, Nigerians with investments in other countries should not repatriate profits back to Nigeria after certain periods. They should simply leave their profits in the overseas countries of investment forever. So investors are now father Christmas? If the Nigerian government makes this their official stance, which foreign investor would be crazy enough to bring their hard earned money to Nigeria? Furthermore, GLO is not a publicly traded company so they are not obligated to reveal much about their financial structure. How sure is Reno that 100 percent of their revenue stays in Nigeria? 26 Likes 3 Shares |
| Politics › Re: See David Hundeyin's 2023 Prediction About Dangote Refinery That Just Came True by abhosts(m): 12:24am On Jan 31, 2024 |
Dangote refinery is Dangote's refinery and not Nigeria's refinery. APC did a very good job in hoodwinking the Nigerian public into believing they had a stake in its outcome. 11 Likes |
| Politics › Re: Buhari Foresaw What Would Happen To The Naira And The Economy If He Devalued by abhosts(m): 7:27pm On Jan 30, 2024 |
aderadio1:Yes it was 220. Here is a campaign poster critical of Jonathan when dollar hit 216 before the 2015 elections.
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| Politics › How CBN Can Crash Dollar by abhosts(op): 6:21pm On Jan 30, 2024 |
I went to a BDC to buy dollar today and observed the BDC staff were monitoring the rates on Binance P2P website. The rate they sold me dollars was within a 2 Naira margin of the going rate on Binance P2P. I later went on Binace P2P and noticed that liquidity was very low on the platform. The Naira could lose N100 to USDT but trading volume within that period could be as low as $50,000. If Binance P2P is the de-facto indicator of dollar rate in the parallel market, I thing it is time for the CBN to intervene there. If the CBN can float 5 merchant accounts on Binance P2P and provide them liquidity of $5m weekly, the price of USDT would easily crash to about N1,200(or lower) and stay there in the short term. 8 Likes |
| Politics › Re: Why Do People HATE Ibadan? by abhosts(m): 5:59pm On Jan 30, 2024 |
An overwhelming majority of students that go to the University of Ibadan from other states can't wait for graduation so they can leave. Go figure. 6 Likes 1 Share |
| Politics › Re: 1 USD Dollar Equals 15,791.55 Indonesian Rupiah by abhosts(m): 4:52pm On Jan 30, 2024*. Modified: 5:15pm On Jan 30, 2024 |
Government of propaganda is always on overdrive to deceive and confuse. They would urinate on you but send their lackeys to convince you that it is raining. Exchange rate is not the sole metric that you use to judge the vibrancy of an economy. A Major gauge on any economy is the median salary of workers in that economy. The average annual salary of the Indonesian worker is 140 Million Indonesian Rupiah which is equivalent to $10,000USD while the median annual salary for graduates in Nigeria is N3,000,000 or $2,100. That means the average Indonesian employee earns about N14,000,000 annually. Please answer this simple question, is their economy not far better than that of Nigeria despite a weaker currency? Is N14,000,000 the average annual salary of workers in Nigeria? 16 Likes 3 Shares |
| Politics › Re: Buhari Foresaw What Would Happen To The Naira And The Economy If He Devalued by abhosts(m): 1:49pm On Jan 30, 2024 |
Here are the Naira Devaluation Rates at the Parallel Markets under different Presidents since 1999: Olusegun Obasanjo 1999 ₦90 = $1 2007 ₦125 = $1 38 Percent Devaluation in 8 Years Umaru Musa YarAdua 2007 ₦125 = $1 2010 ₦150 = $1 20 Percent Devaluation in 3 Years Goodluck Jonathan 2010 ₦150 = $1 2015 ₦220 = $1 46 Percent Devaluation in 5 Years Muhammadu Buhari 2015 ₦220 = $1 2023 ₦740 = $1 236 Percent Devaluation in 8 Years Bola Tinubu 2023 ₦740 = $1 2024 ₦1,470 = $1 98 Percent Devaluation in 8 months Buhari is no hero so stop trying to make him one. 48 Likes 7 Shares |
| Education › Re: Canadian Province, British Columbia Announces Two-Year Ban On Nigerians, Others by abhosts(m): 1:11pm On Jan 30, 2024 |
Nigerians can go to other Canadian provinces or go to US universities. 16 Likes |
| Education › Re: Abuja Private School Owners Reject Wike’s Fee Hike by abhosts(m): 1:07pm On Jan 30, 2024 |
Sensible governments usually exempt schools from certain levies and taxes to encourage investment in education. Trust APC to do the opposite. 153 Likes 11 Shares |
| Politics › Re: Kalu: I Left $4 Billion Balance Sheet In My Companies Before Joining Politics by abhosts(m): 1:05pm On Jan 30, 2024 |
This guy is poor. Ordinary Tiwa savage is worth $17b. Make una dey play. |
| Politics › Re: Ondo: Akeredolu Anointed Me As Successor Before His Death – Ex-commissioner by abhosts(m): 8:44pm On Jan 29, 2024 |
Ondo is not anyone's personal property. That statement reeks of entitlement and desperation. |
| Business › Re: Dangote Refinery To Import Crude Oil From The United States by abhosts(m): 7:46pm On Jan 29, 2024*. Modified: 10:13am On Jan 30, 2024 |
The CBN gave tens of billions of dollars to dangote at cheap official rate with the expectation that it would save the country foreign exchange in return. If dangote wanted to import crude at global prices to for his refinery, he should have built the refinery with funds from oversees investors and not with cheap CBN dollars. Let's remember that the CBN was turning down FX requests from other Nigerian companies to fulfill dangote's FX demands thus leading to skyrocketing prices because the others could only get FX from the black market 39 Likes 2 Shares |
| Politics › Re: Dangote Refunery Now Buying Crude Oil From The US by abhosts(m): 7:35pm On Jan 29, 2024 |
The CBN gave tens of billions of dollars to dangote at cheap official rate with the expectation that it would save the country foreign exchange in return. If dangote wanted to import crude at global prices to for his refinery, he should have built the refinery with funds from oversees investors and not with cheap CBN dollars. 3 Likes |
| Politics › Re: Makinde Faults Atiku’s Silence On Ibadan Explosion by abhosts(m): 2:22pm On Jan 29, 2024 |
That is why he has never won the presidency. He would abandon Nigerians to the cruelty of APC only to return shortly before elections to compete. 129 Likes 8 Shares |
| Christianity Etc › Re: Africans Are Special Case When It Comes To LGBT Because Of Their Culture - Pope by abhosts(m): 12:23pm On Jan 29, 2024 |
Peppysco:If stewing in hate and bigotry makes you feel better about yourself, please continue. I have been to 103 countries of the world and hold multiple citizenship, so i cannot afford to be hateful like you because it would be considered unacceptable by standards of civilized societies that I have an affinity with. |
| Christianity Etc › Re: Africans Are Special Case When It Comes To LGBT Because Of Their Culture - Pope by abhosts(m): 10:22am On Jan 29, 2024 |
ABBANETSOLUTION:So if indeed hatred towards marginalized people was holiness and God's will, why is Africa so poor and wretched? Why are your fellow Africans fasting and praying to get visa to become dishwashers in 'sodom and gomora'? 3 Likes |
| Christianity Etc › Re: Africans Are Special Case When It Comes To LGBT Because Of Their Culture - Pope by abhosts(m): 10:09am On Jan 29, 2024*. Modified: 11:12am On Jan 29, 2024 |
Poor people usually have archaic cultural practices that stifles free expression and tolerance. That is how their evil leaders keep them in captivity. Just look at how they are demonizing Peter Obi's son who has wronged no one, neither did he break any UK law. As a person of faith myself, I believe in live and let live. It should not be by force for everyone to share my values and religious beliefs. I would also want my religious rights and freedoms to be respected when i find myself in liberal countries that now have a palpable disdain towards organized religion. 12 Likes 2 Shares |
| Politics › Re: ‘Yahoo Boy’ Stabs Parents Over Failed Black Magic Soap In Ibadan by abhosts(m): 2:48pm On Jan 27, 2024 |
Laziness and Superstition go hand in hand. 12 Likes 1 Share |
| Sports › Re: How Nigeria Can Beat Cameroon, Alhassan And Snr Man Must Start by abhosts(m): 9:19am On Jan 27, 2024 |
N |
| Politics › Re: Gay Scandal - Why Is Obi Never With His Wife? by abhosts(m): 4:30pm On Jan 26, 2024 |
Naira is dropping like a stone in value but some are telling Nigerians to be worried that the son of an opposition politician might be gay. 20 Likes 3 Shares |
| Sports › Re: Australian Open Semi-finals: Sinner Stuns Djokovic by abhosts(m): 3:33pm On Jan 26, 2024 |
If sinner was African, they would have told him to change his name else he won't prosper. 32 Likes 3 Shares |
| Politics › Re: Bullion Vans Carry Money From Gov’t Houses To BDCs – Hafiz Abubakar by abhosts(m): 10:11pm On Jan 25, 2024 |
Now you can see that the political class are the ones killing the value of the Naira. Businesses are cutting back on their imports due to weak demand but Naira keeps falling because of wicked politicians. 8 Likes 1 Share |
| Phones › Re: Effect Of MTN's Monopoly On Economies Of Sub-Saharan Countries - Reno Omokri by abhosts(m): 5:25pm On Jan 25, 2024 |
If I am to make a guess, I think this clown is trying to extort money from MTN. His assertions are baseless because a significant stake in MTN Nigeria is now owned by Nigerians and not South Africans. 37 Likes 4 Shares |
| Politics › Re: Ify Aniebo Apologises, Thanks Husband For Paying Debt After Social Media Uproar by abhosts(m): 1:18pm On Jan 25, 2024 |
Why that vendor come resemble GRV? Are they related? 6 Likes |
| Crime › Re: Government Should Leave Yahoo Boys Alone - Elderly Nigerian Man Says (Video) by abhosts(m): 12:46pm On Jan 25, 2024*. Modified: 1:09pm On Jan 25, 2024 |
Useless agbaya elder. Saying yahoo is sustaining the Nigerian economy is crass ignorance. Nigerian Cocoa farmers alone export hundreds of millions of dollars worth of Cocoa yearly and it is legitimate a business. Even foodstuff exporters bring in more money than accursed Yahoo criminals. Look at this clown blaming government for the Yahoo epidemic. Do yahoo boys stop scamming when they find themselves in wealthy countries with massive legitimate job opportunities? A thief is a thief. Stop justifying criminality. Yahoo is a net negative to Nigeria because more has been lost in economic opportunities due to the bad reputation yahoo boys have given Nigerians. Have you seen how Nigerian Freelancers are discriminated against? 71 Likes 13 Shares |
| Health › Re: NAFDAC Raises Alarm Over Circulation Of Fake Dano Milk In Nigerian Markets by abhosts(m): 11:42am On Jan 25, 2024 |
See what a bad economy causes. The common man has now been priced out of the market of original products so counterfeiters are now having a boom period. 3 Likes |
| Politics › Re: Firsthand Review And Experience Of The New Passport Online Application Platform by abhosts(m): 12:15am On Jan 25, 2024 |
I think the new minister is a typical example of i-too-know and oversabi. The old system just needed a few tweaks like opening more biometric capture outlets in major cities to decongest existing ones, and making passport booklets available in massive quantities. The guy is doing a very shoddy job while the corrupt Press keeps hyping him. 1 Like |
| Politics › Re: Why Didn't Ogun State Develop Despite Being Closest To Lagos? by abhosts(m): 4:14pm On Jan 24, 2024 |
That would be assuming that all parts of Lagos are prosperous. Areas like Makoko and Agegunle are worse off in comparison to some parts in Ogun. Haiti is 1700km from the United States but still poorer than many countries in Africa. 9 Likes 1 Share |
| Politics › Re: Relocation Of CBN: There'll Be Consequences If Tinubu Doesn't Reverse - Ndume by abhosts(m): 12:48pm On Jan 24, 2024 |
Bla bla bla. You political amateurs are thinking 2027 while Tinubu is thinking 2031 and beyond. If God or Nature do not interfere, Tinubu would turn Nigeria to his personal fiefdom as long as he exists. The Nigeria you once knew is gone. Tinubu is now Nigeria and Nigeria is now Tinubu. 25 Likes 6 Shares |
