₦airaland Forum

Rinse and repeat 😅😅

Ahh

After 30 years? I believe they'll fix this.

Let's just thank Nigerian pastors for their role in the country.


Someone will be dying yet hopeful, all thanks to religion.

Baba4kinatu:
By Emele Onu

Awon atenuje writers

The report is clear: inflows driven by an interest rate hike. I wonder why Bloomberg allowed their platform to be used for this propaganda. While an interest rate hike may benefit investors, any gains made will likely be negated within 12 months (most likely through the printing of more Naira notes). This is as good as saying, Nigeria borrowed money from investors; monies they MUST pay back to the last kobo within 12 months at 21% interest rate.

APC halleluiah bois will finish Nigerians with their chanting las las. Very directionless crooks.

That would be nice. The only problem is that the report failed to underscore the fact that about 24 other countries are currently in the queue.


Nigeria wants to apply in 2024; however, about 24 countries have already applied without any positive outcome. LOL.

ufotunang:
Until when I see the prices of foodstuffs, goods and services been cheap and easily affordable for nigerians and no inflation and bussinesses companies industries are thriving and jobs are now more available for the youths and nigerians and poverty hunger hardship has reduced to a minimal level and nigerians living a better life and standard of living that is when I will believe the economic policies and reforms are working and producing positive results on the economy and country...but for now I cannot see all these things

Lol. Prices of goods won't come down. Not now. Not in the foreseeable future unless BAT and Cardi B reverse fuel prices.

I don't know who convinced Bloomberg for this propaganda, but what happened is quite simple. The CBN increased interest rates a few weeks ago.

As a consequence of the increased interest rate, Treasury Bills rates (and the likes) increased from about 10% to 21%. A 21% interest rate on your investment is a good deal anywhere in the world. So, unsurprisingly, many Nigerians (including those both home and abroad) invested their idle funds in Treasury Bills. Priority was given to those abroad since they have more dollars to spare.

But here is the bad news. Every single penny they collected in Treasury Bills will be paid back in 12 months. While it is an investment to those who invested; it is nothing but a loan to the government. Not just a loan, the government will pay back every penny! Those who brought their dollars won't leave with Naira. They'll convert their monies back to the default currency in 12 months' time.

If Cardi B and BAT fail to make reasonable gains from monies invested in Treasury Bills after 12 months, every kobo will be paid back by printing more Naira notes (like Buhari did a few years back).

This is everything about the report from Bloomberg. Don't let any BATist lie to you. They did more hallelujah chanting to Buhari's policies, remember??

Wait wait? All these propaganda because of the increased Treasury Bills interest rate of 21%, which of course was oversubscribed earlier this week?

Treasury Bills is why we are writing this??

The government is literally saying "come oh, lend us (not invest) your money. At the end of 12 months, we will pay you back with 20% interest of whatever you borrow us (which is the essence of treasury Bills)."

Is this is the main reason for this propaganda?? Treasury Bills?? Jesus Christ of Nazareth. !!! If Treasury Bills subscription is the main reason we are paying people for PR, then.....

Government workers and the fear of losing their pension. By the time you're retiring from that work, your pension will be worth next to nothing (assuming the Naira continues to fall in the manner we have seen in the last 10-20 years). There are many reasons why you may want to stay, but that pension is completely off the list.

aieromon:
i-invest

You used to be a major fan of their service.

You remember, wow!

I had the app back then.

aieromon:
What advantage does he then have as a primary market client?

This is the secondary market. Minus 10% WHT deduction still gives the same 18%.

What app is this, please?

Tragic !

akaahs:
Twin boys of course. My boys will always be my boys but my girl ll never be my girl always. The moment u handover her to another man, she seize to be ur girl technically.
The way girls dress and act waywardly in this generation, i can't just stomach.

Can you stomach the way teenage boys smoke shisha and get arrested and detained everyday by the EFCC?

Just pray for wisdom to raise responsible children. All these nonsensical permutations do not matter. There are so many youngs boys languishing in prisons today who had parents with your type of mentality.

Cult wars don waste many boys with parents who prayed all their lives for a male child.

babasolution:
Omo,Hausa pass southeasterners for Lagos oo,forget

Ignore that illiterate.

Anyone who doesn't "think in Yoruba" is automatically assumed to be from the South East.

Like most Tinubu supporter, he's very ignorant and grossly uneducated. Many like him are yet to realise that there are more people from the South South in Lagos than from the South East.

SadiqBabaSani:
The figures are too high realistically say #100 to #150k, Government cannot pay anything more than 150k and that's fact, ABI they want make government begin owe salaries

If Tinubu pays a 150k minimum wage, then just prepare your mind to buy a bottle of Coke for N5,000. The only way Tinubu can pay that amount is by printing more Naira, which would lead to more inflation. In the end, the poor will become significantly poorer since the 150k would be worthless.


The NLC is a worthless organisation.

YorubaKing:
You wonder why Nigerians in the diaspora avoid Nigerians back home.

Very ungrateful set of pple!

Ungrateful and wicked.

If you want order, cleanliness, reasonable transit time, and sanity, you shouldn't be in Lagos.

Relocate to Uyo or Abuja.

Akwa Ibom (Uyo) is the cleanest city in Nigeria and one of Africa's cleanest sub-nationals (according to more than 20 independent studies, not hearsays).

In terms of cleanliness and order, Lagos will NEVER be as clean or organise as Uyo, no matter what anybody from APC does.

henrimoto:
[/b] Oga Acidosis, pls. Explain more on the bolded.

For as long as he remains in a society that places so much emphasis on money, marriage, and children, he won't find that lasting and enduring happiness. Mars is probably the only place where all three factors (money, marriage, children) do not matter.

Advise him to get married before his 52nd birthday. Direct and indirect societal influence have a big role in determining one's state of happiness. Apart from relocating to Mars, there is nothing he can do to change that.

This one is nothing compared to what Igbo and Yoruba people do to themselves online.

How did you manage to invest so much in erecting a structure without a proper feasibility study or market research? It doesn't seem like you built this from scratch. If na inheritance, talk am. Nobody will beat you.

Anyway, you can consider:

#1. Plastics: particularly pet bottles, chairs/tables, "take-away" plates, etc. Considering the recent ban on styrofoam, getting sales or distributors won't be hard. The competition is high though and differentiation is absolute zero.

#2. Hard corrugated paper box, i.e., the type used for pizza, delivery companies like Jumia, etc. You have a large space, so in addition, consider mono wrapping box, paper bags (used in restaurant chains like Hard Rock, KFC etc.), and papers for students' notebooks/exercise books, etc. For this, consider recycling (to give you an edge). You'll easily get partnership and maybe funding from angel investors or companies that are interested in such buzz words (i.e., recycling, sustainability, ESG, etc.).


With idea #2, it will shock you what you can achieve in terms of partnership and growth (when you understand the workings). I dislike having to share this sef But, hey reach out for a business plan.

Beautiful

maasoap:
I don't want to ignore you despite that you're married.
We're talking about travelling abroad here! With the way Nigeria economy is! There is too much at stake for the man if he agree to wife's travelling abroad. I don't want to say much.

Relocation is a big deal. That conversation is between you both, not extended families or pastors. The party involved would have to disagree to agree.

cococandy:
Statistically it’s more likely this concocted story time is about a typical controlling man who think he owns his wife rather than a pregnant woman whose family suddenly want her to make a long journey when she’s almost about to give birth.

Hmm, okay. I see your point.

Dum20:
Wow

Wow

Wow

Very attractive

cococandy:
Hmm

Hmm

Oya, come talk your mind. 😋

Fiscus105:
Husband -parent-siblings-pastor/imam-friends.

Meanwhile, i think the woman just want to cause problem where thr is none in this scenario..

I think, she is calling the people she wants to visit, while want to visit at all cost, even to the level that so many people have been given her toxic advise, perhaps she has ulterior motive.

Remove pastor or imam completely from the list.

For a Christian, it is:

God - Husband - Parents - Siblings/Friends, Etc.

The husband is the spiritual head of the family, not any pastor or imam.

God comes first. Any advice or suggestion from your husband that contradicts God's position cannot be obeyed. E.g., a man instructing his wife to disrespect or abandon her parents is on his own.

maasoap:
Are you married? If yes, I have nothing to add. If no, I will say you should come back when you are married

Add wetin you wan add, boss.

Like I mentioned: "if that conversation ever....," meaning there are instances where you advise (not ban) her to stay back or postpone her visit due to 1, 2...3 reasons.

Am I married? Yes.

Ever had this situation in my home? Oh, yes. Even my personal travel plan, we've had to cancel it together at some point because I don't have money for ransom. It's a non-issue, where there is peace and understanding.

cococandy:
No it’s not

Well, the validity of the reason can be contested, but I expect a sensible man to do and know what's right..

Imagine a pregnant woman in her 37 weeks insisting she must travel by road to see her family in a faraway town in today's Nigeria? If you were the man, would you let her embark on that mission?

Going to see one's family seems like a right or moral adventure, but certain conditions may not permit that.

We4all:
Because of how much bride price?

If bride price is why you're angry, replace bride price with "marry."

pocohantas:
Many are not sensible. I know a man that banned his wife from visiting her family home because he had issue with her brother.

Clearly not a sensible one.

It's simple. Do not collect bride price from a man you're not ready to submit to.

You can't eat from the devil and escape repercussions. No sensible man would restrain you from meeting your family. If that conversation ever comes up, then his reasons are probably valid.

Dey play