₦airaland Forum

FriendChoice:
[s][/s]
How to know when someone is deeply pained by the fact I write.

What a display of congenital idiocy!

tundexijim:
I don't know why we are always too sentimental in our judgements. Why is there campaign like #saynotoracism in the western world, is it not to prevent breach of peace. Why would u deliberately want to provoke ur neighbour in the first place. This is jst mental slavery southerners are exhibiting. Nobody is enslaving u...

So racism is naming your dog something?? Why are Nigerians born stupid??

Try making sense in Naija where being logical is the stupidest thing.
Same attitude that allowed northerners to practice sharia led to Boko Haram today.
Same attitude that has overlooked child-marriage and almajiris has given us millions of BH recruits and sympathizers

lafuria1:
What most people won't realize is that he was referring to the past policy of defending the naira at N197 and black market sell at N300. The naira had been floated. What we have is the inter bank rate. So we have moved on.

No we haven't completely moved on cos CBN intervention still allows well connected folks to get dollars at govt rate which is lower than floating rate.

This na old news

vodutive:
you people are so ignorant and worse still you come on the internet to display said ignorance to the whole world Subject o existing treaties, any cpmpetent court where the assets are based can order a freeze on assets once you satisfy conditions and show just cause. Note there is a difference between freezing and seizing. In this case, freezng simply means you beleive the assets to be the proceeds of illegal actiivity and you are asking the court to prevent any movement or disposal of the asset till you can prove your case. There are international accords to facilitate the freezing and seizing of illegally obtained assets across international borders. Seizing occurs when you have proved your case.


Like i said, people like you are the products of the said corruption...an education system that has produced morons and half baked graduates incapable of thinking mixed in with dullness by religion and indoctrination by tribalism and ethnic sentimentalism. You open your mouths and spew crap and not realisie you are stinking up the place with your ignorance!!! it hurts by brain and my thumbs having to communicate with dullards!!!


It befuddles the mind the brazen display of low IQ, an inability to think, display of ignorance, lack of knowledge of anything beyond Nollywood, E-money and Linda ikeji and the inability to put forward logical arguments constantly on show by the so called Nigeria youths and future of our country on Nairaland everyday

My friend you contradicted yourself! OP says that EFCC to seize assets not freeze!

Naija and hypocrisy! How we take produce all these millions of kids begging, hawking and almajiri?? By s3x or planting?

metronaija:
Minister of Environment, Amina Mohammed led Nigeria delegation at the bilateral meeting with the government of Morocco in Rabat today.

See photos below

http://www.metronaija.com/2016/08/photos-amina-mohammed-holds-trade.html

And that Morrocan lady is a govt official and likely a Muslim?? Did you see her dressing? If she were a Naija Muslim, bigoted fanatics would attack like they did to Aisha Buhari! Why is Naija type of Islam so different??

LORDOFTHEOSU:
Don't you guys have the capacity to read, comprehend and understand? Did you not see the below in the report? What is in the report that make you guys think EFCC said they'll just enter the US and seize properties without the American justice system involved?

A top EFCC source, who spoke in confidence, said: “We have located some assets allegedly owned by Diezani and some of her business associates in the United States. We are already collaborating with the US Government to attach these assets. “In fact, the EFCC chairman, Mr. Ibrahim Magu, spent about one and a half weeks in the US to work with the relevant agencies to trace Diezani’s properties, some of which are believed to have been secured through business fronts like Kola Aluko. “We have submitted relevant documents to the US authorities in order to facilitate the seizure of the assets.”

EFCC cannot seize without a court order and must be entered into the US legal system and must be accepted by a US judge.
In fact, it's easier for US to initiate such cases by using existing laws to seize assets. In fact, US shall pursue a criminal case against thay minister if she has something to hide. US is a tough place to hide such huge assets!!

gensteejay:
I have one word to describe your level of reasoning: primitive.

To the issue at hand: As a Muslim and lover of peace, I strongly condemn this fiendish act from the so-called Muslims who place little value on human lives.

I wonder why the FG has not fully implemented and enforced death penalty for terrorists. This is long overdue. The wanton killings in the North resulting from baseless religious issues, are barbaric to say the least.

Cos you have no solid rebuttal

SpeedOfLight:
Can Nigeria gov allow Aba and Nnewi liberate Africa from European enslavement? Your guess is as good as mine.

Ensalvement is using EU-created www to propagate ignorance.

Abagworo:
Saudi Arabian economy has more issues than Nigeria today. That explains why we should appreciate the reduced impact of the oil crash on Nigeria which has far more natural problems than Saudi Arabia.

Another fallacy. Saudi has about $600bn in foreign reserves?
Saudi Aramco has oil assets in $trillions. What are ur paremeters??

How about mass education?? How about mass job recruitment? How about massive campaign against almajiris

Icon79:
Thank you! I thought I was the only one that found the whole thing strange. First of all, why give the money only to Siasia and Mikel - $200K to Siasia and $190K to Mikel. What about other members of the team? Is Mikel supposed to share his windfall with the other members? In addition, what's in it for him? Is he a fan of naija footie? Has any business dealings with Naija?

People, even billionaires, don't just randomly give away money like that. To me, there are still too many unanswered questions here!

O pari

Only willfully ignorant folks look for conspiracy theories. The Japanese man, is a known philanthropist who has given to Japanese teams and earthquake victims. Shouldnt you be focusing ur curiosity on why your govt abadoned these players in Atlanta and refused to pay their hotel bills??
Please face your front!!

Always underestimating SE's open-mindedness and care-free attitude. Yes, are u talking Igbos thay voted for Shagari instead of Ojukwu's party in 1980s?
Are you referring to Igbos that voted for OBJ instead of Ojukwu?
Are u referring to Igbos where 99% of them are Christians, but northern Muslims practice their religion and culture unhindered??
Face your front!!

seunmsg:
Trash!

Next time, make sure you read and understand before commenting.

Did u read and comprehend it yourself? It said reducing tarriffs for vehicles coming in from neighboring countries- ie ECOWAS countries
But 90% of cars coming into Naija are shipped from EU and US ports!

clickwtB:
See the outlook of the Voted in senators children !!!check 99%of the voters children you go cry!!!I pity Naijans only PMB is different!!!LONG LIVE PMB,NIGERIA.

U don see GMB kids?

Fattie bom bom kids!!

Technically inept coaching crew. German players have height advantage, why did Naija players keep playing aerial balls?? Germans won 90% of air balls.
Why so many inaccurate passes? Naija shot 12 times at goal with 2 on target = 16% accuracy while German shot 12times at goal with 5 shots on target =42% accuracy and they scored 2 goals

12Monkeys:
My friend you are myopic.

The US govt had effectively an economic, military and diplomatic standoff with Nigeria over increasing ties with China.

The WEF held in August, 2014 coincided with the hiegth of the BBOG scam but that did not deter china from unveiling a $30bn direct investment package with Nigeria.

This is when the US stepped up their game against GEJ to the point that the secretary of state visited Nigeria not to meet with govt officials but with opposition elements like Buhari and Tinubu.

The biggest problem with Africa is how we are able to quickly supply much needed traitors as leaders and the fact that most of us are ignorant in the inner workings of international diplomacy which you all wrongly assume boils down to polite and soft spoken diplomats wearing suits. This is the opposite. The inner struggles of world domination is full of organized crime, murder, espionage, sabatoures, and outright threats and blackmail.


But you exist on lala land to think all is as CNN and big black cuck reports it.

What a display of congenital idiocy on full HD!! You ain't getting my subscription!! Buyers be warned!!

westmest:
In forums like this there will always be belligerent individuals, its okay. i understand this, i wonder who is arrogant between me and you.

We have differing opinions,i assume you are saying IMF dictates what happens in Nigeria, and the governments just says otherwise, but in the background IMF dictates everything, its okay if you have this opinion, you can always make your point without insulting people, I currently reside in a country where the UN installed the current president, and have so many military Guys here under the disguise of peace keeping, i look at so many things happening in the country, its obvious the current president is just a stooge doing his masters bidding, i compare this with Nigeria, i dont see this happening and its Obvious that its not thesame thing, hence the reason for my opinion about Nigeria.

Google what's false equivalence. You are just being innately obtuse. Naija is neither South Sudan nor Somalia!
When was thd time IMF controlled Naija economy like that? NONE
It's actually military guys that borrowed and IMF didn't force them to take loans. Stop blaming IMF and take responsibility!!

SonofDevil:
Lol this guy is a joke is the Oil proceed Going to state or local govts parastatals.??,if you don't know the benchmark of crude oil, benchmark budget, why am I wasting my time with a dumb head.

Another dummy without encephalon talking. All monies accrue to Federation account and will be shared later.
N51tn came to the federation account and state govs took about 48% for state govs and lg accounts
You are thick-brained to process this!!

westmest:
Good Lord! so why did your finance minster tell IMF that " IMF could be a doctor but Nigeria is not sick"
,I noticed that you are insulting people on the thread,did you lose your job or something i,m not related to Buhari or your employers,Please take it easy, i know its a very difficult time to live in nigeria, There are other ways of expressing your frustrations, you don't have to do it here

because you don't have the cognitive and analytics abilities to differentiate govt's statement and actions.
GMB insisted that he wasn't going to devalue, he later did. Do you judge statement or action?
He said he wasn't going to remove subsidy, he later did.. Word vs Action??
I'm too far shielded to lose my job! I'm neither involved in politics nor a beneficiary of any govt.. Just that I hate folks like you who display unbridled affinity for ignorance and arrogance

SonofDevil:
Save ur self all these trash

Crude oil benchmark was $85
And budget benchmark mark was at $38
Eca even though the state governors shared ECA accounts because FG was already stealing from the account.
What about FG 52% share from the ECA acc.


Where did the billions of dollars generated from Non oil Revenue go to, while foreign reserve was depleted from $47b he inheritted to $38b during oil boom??

Facts and analysis do not reside in ur realm of thought.
This post is about N51tn "generated" from oil. Show me how all the money went to FG!!
Even your admission of 52% would put that amount to N26tn without ECA, foreign reserves and SWF deductions!!

sarzy:
Exactly. Looks like she's not even a full Nigerian. Did you observe that she attended high school in the US? Probabaly born there sef. An American citizen! Not worth celebrating for Nigerians because she'd most likely never return to be of any use to this country!

Mr Census,
What made u think she's not Nigerian? Does she owe Naija anything to return? Must she work in Naija in order to be from Naija??

SonofDevil:
Illiterate

Differentiate between budget and Earnings and go back to the post

What a display of congenital idiocy.
Have you factored in money paid into SWF?
Have you factored in the 48% of that money that went to the 36 states?
Have you factored in the differential between benchmark and crude oil price that went to ECA and foreign reserves?
What a sophisticatedly ignorant p_rick!!

westmest:
Its very easy for you to hide behind your keyboard and type whatever you want to type, i am not here to trade words with you. just ask yourself the question, "IMF forced us to devalue, does that mean IMF is controlling us" our president decided not to devalue for a long time " does that look like control" its sad to see what our educational system is producing nowadays,

The point i,m trying to make is we dont owe IMF, you know what IMF does to countries that owes them?



Please don,t vent your anger on me because you are being screwed by the system.

Shut up your mouth. Eveyone is not intellectualy challenged to know that country is following IMF's neo-liberal policies. Christine Largarde, ( if u know who's without Google) was in the country in January and told us to change some things before we could be considered for a loan. Naija is still seeking for IMF backed loans. Naija is going to borrow over 60% of the budget and you are here saying that IMF doesn't control us??
What does control mean to u when u borrow over 60% of ur budget??

This number doesn't make sense! Our annual budget under Jonathan was about N4tn per year, so for 5 yrs, aggregate budget would be like N20tn.
So show us how u arrived at N51tn

U

westmest:
I dont care about all this crap, one thing i am happy for in nigeria is that the country is not controlled by external forces, lobbyist, special interest groups, IMF and other Organization, that are into the business of milking both Human and Natural resources of countries dry, our problem is internal, and its easier to deal with internal problems than external problems in my own opinion, its just a matter of time, and its even as if nobody cares about Nigeria, there is no rubbish propaganda against us, so we are doing just fine, the only thing we need to deal with is our internal problems, once we deal with them, Nigeria will become what it is supposed to be, i currently live in a country, though independent and stable,but its still colonized, they think they control their own resources but they dont, i call this country "Subsidiary of france company", everything or almost everything is owned by the french, and the citizens are sleeping, they dont even know what is going on their country, its crazy, i usally tell them, this can never happen in Nigeria. I believe Nigeria will be great again, its just a matter of time, we are al
ready going in the right direction

What a display of congenital idiocy! IMF forced us to end subsidy and we did! IMF forced us to devalue Naira and we did! What are u talking about?

1freshdude:
All you have written above is crap and its obvious that you are either trivial very mischievous or out-rightly Ignorant!
Of what importance is having a large GDP if the people are suffering? What is the income per capita (not CAPITAL) of USA?
Once more you say nothing about your earlier voodoo interpretation of the impact of inflation on business owners and salary owners. Olodo!

Your submission is riddled with ignorance, contradiction and arrogance.
On one hand you are arguing that we should look at GDP per capita instead, when the metric used in ranking economies is aggregate GDP.
Then are you arguing against urself when I cited two countries in Africa with highest GDP per
This post is about the largest GPD in Africa not about GDP per capita as measured by IMF ( mentioned capita in several posts, not just one typo)
You're just trying to hard to sound intelligent when in fact you're making yourself sound dumber.
This ranking has never been about GDP per capita of African countries!!
You haven't said anything new about how inflation and devaluation affect salaried workers and business- they both see their net worth wiped off and you " called it erosion"
A business man who used to buy N1.6m worth of goods when $1/N160, now buys N1.2m worth of good valued at $4000. A salaried worker on a N18k minimum wage who used to pay N5 for a sachet of pure water, now pays N10. Stagnant salary with increased prices
You talked about borrowers benefiting from this devaluation, ur lack of practical knowledge of Naija clearly shows that you are textbook reader of the economy. For ur info, Cash reserve ratio (CSR) has increased, but Banks aren't lending because of their exposure to a lot of non-performing loans.
Companies like Dangote and BUA that borrowed from intl lenders or have their loans guranteed by Exim banks ( if u know how they work without Google) are losing money. Also, SMEs that import raw materials, goods and services are having to pay more.

1freshdude:
You celebrate mediocrity, marketing the immaterial highest GDP in Africa like things were ever close to being well with Nigerians. You are just a mischievous folk, it seems like you have poor sights too; because I outlined in my previous response that the level of the GDP per capita is a more important index for measuring well-being than the GDP as a whole, I also stated that GDP per capita is not sufficient because of the possibility of an uneven distribution of wealth, using the Dangotes and the Otedolas as example in the Nigerian case, an economic growth in Nigeria simply means that Dangote and his few likes have made more money. So that answers your blabbing about Gabon, Nigeria, Equatorial Guinea and a host of other cases.
You keep talking about the present government carrying your fake PDP data about like any foreign investor depends on your manipulated data when taking decisions..data like that is to deceive the ignorant.
Your loud silence on my correction of your voodoo interpretation of the way inflation affects salary earners and business owners is deafening.
My point in all of these is that there was and is no basis for celebration at anytime on the performance of the Nigerian economy. The politicians (PDP and APC) have been the beneficiary of growth all this while.

Your insistence on defending your self-imposed fallacy is beyond comprehension.
You're calling it a fake GDP number when it peer-reviewed and accepted by World Bank, IMF, IFC, Fitch, Bloomberg, ADB, S&P, Moodys and FT etc
Foreign investors find these agencies credible and what have you? Nothing !!
That same GDP number was what IMF based its calculation on to say that R/SA has over taken.
What have you to show that ur own number is accurate? Nothing
I dwell on facts while you're concerned about feelings.
America is the largest economy in the world is based on its total GDP
Qatar has the higgest GDP per capital in the world
Our reference point is about the largest economy in Africa and RSA just over took Naija.
If you want talk about country in Africa with the higest GDP per capita, then Equatorial Guinea is the country for you.
You can't have it both way.