₦airaland Forum

Naija ways

very funny, Everybody wants to go to the USA, Everybody wants to hv their kids born in the USA everybody want to buy property and hv their marriage and honey moon in the USA

hw does this add to the Nominal GDP and improves the Purchasing Power Parity Nigerians with their trail of gossip News?

Nigerians?? We just never live to learn

Nigeria

hmmm

Cool FM’s On-Air Personality, OAP, born Ifedapo Oyerinde, popularly known as Freeze, has said religion and tribalism were the major problem of Nigeria, cautioning if religion and tribal sentiments were not set aside, the country will remain divided.

He posted on his instagram account-@daddyfreeze, saying, “Religion and tribalism are the tools utilized in dividing Nigeria.
Advocating for a cross-cultural marriage, Freeze said, “What would I do if I were elected president of Nigeria in 2019? Someone asked.
“Well I would sign a bill into law, punishable with a minimum of 5 years in prison and maximum of 15 years in prison, any marriage conducted by 2 members of the same tribe; meaning that if a Yoruba man marries a Yoruba woman or an Igbo man marries an Igbo woman or a Hausa man marries a Hausa woman, they along with their parents, the bridal team and the groomsmen would all spend a minimum of 5 years in prison.
“Also anybody involved in the wedding e.g caterers, m.c, musician e.t.c, would also be charged and if found guilty would also be guests at the state penitentiary.

“This I would enforce with a ‘marriage task force’ that would go to weddings to ensure compliance.

“When we do this for 10years and all of una marry una self, make we see how una wan dey fight,” he quipped.

I just believe that however all the good things we may admire about the developed countries, as Africans, we may never progress nor be as developed as Japan, China, USA, Europe and Australia if we continue to focus more on the ties and things that divides us rather than the similarities and the things that unite us.

I believe Nigeria as a Nation is that Central State and sovereignty that binds the entire African Continent together as all the African Countries look up to Nigeria and Only respect the Name Nigeria and not at our tribes be it Yoruba, Igbos nor Hausas. What every tribes need is the right education, reorientation and the need to stay together as one.

Yes every other tribes of the over 800 Nigerian tribes should share in this common objective and vision. If a tribe make the mistake to break out no matter it oil reserve, oil discovery nor landmass, even the least African countries as such Somalia, Sierra Leone, Ugandan, Congo, Benin Republic, Gabon, will be king over any Nigerian break out state.

http://dailypost.ng/2016/10/20/igbo-man-marries-igbo-woman-jailed-oap-freeze/

naijainfogalery:
Nigeria people don tire me,
If Buhari go them go call am ajala the traveller
If he doesnt go they will say why did he send Kachikwu

Every day i just watch our youths coming online to rant while their mates are making millions

keep lamenting online while you are supposed to be doing something significant with your life, dont worry poverty is knocking on your door

Thanks bro for that priceless piece of advice

Nigerians

My words sounds extramundane and prophetic but blv me, the world needs pace setters and people who sees implication of things from a higher planes. I hv a lot of reason why I say Nigeria universities, polytechnic and general school system is the biggest scamming venture in Nigeria that must be totally scrapped or overhaul except National Open University. (NOUN)

If WAEC can cover a lifetime, believe me, JAMB, ASUU and all Nigerian university is a scam and the root of all corruption and maladministration in Nigeria except for NOUN.
The school hv no justified reasons for subjecting student to yearly UTME and Post UTME enrollment. Thank God for People like President Muhammad Buharri who understand the reason and motives of education for all.

If I were a President in Nigeria, believe me, alot of bad people will surely cry just for alot of good people to rejoice. Once again, the Nigerian educational system is a scam and its the core reason for the Nations backwardness, since the exit of the British. The bulk of Our Universities and Educational System officials are nothing but leeches who will always hide their evil notions behind the quotes of "If you think education is expensive please try ignorance". Since I voted in Buharri, am greatly relieved that at least am getting the changes and dividends of democracy I had expected.

hmm

I reserve my comment

To me, most of this schools are not built with the motive to meet the demands of Nigerians but only serves as drain pipes. during d days of the British or Colonial era, quality Education in Nigeria was never like this at all. After all the spendings, you will agree with me that this schools will still not meet the demands of the Nigerian economy for the next 100 years. Please take your time to check global development statistics and data in respect to quality Education

Yet we say Nigeria is in recession yet we say Buharri and Jonathan is Nigeria's Problem Yet we claim people are not educated enough. Well my take is this, no Angel from heaven will come down from heaven to drop money to revive Nigerian Industries and Agriculture. No money in Nigeria yet we keep having expensive private schools and enigmatic Churches and Cathedrals with out of the world architectural designs, church members getting poorer and Pastors are buying jets??
I believe when the government is ready to take education in Nigeria seriously, they will surely closed down all private schools that serves as drain pipes in the economy.

Alan Greenspan Former U.S Federal Reserve Bank Chairman and President rightly said and I quote "Government needs to take our Primary and Secondary Education system seriously for moral and labour value integration, and for the increasing poverty and inequality in the world is not as a result of the fact that man has become more greedy in the history of mankind but that man has found a 1001 ways to express his greed in the name of civilization, technology and industrialized age."

A typical Nigerian don't read books. they prefer gossip to good and informative books

good

In Nigeria, We have too many dumb and educated illiterates with empty paper certificates. People so dumb and too lazy to spend an hour or two to read per day. Nobody cares to know what is going on in the global economy and its trajectories. Nobody cares to read anything outside the four walls of the specialized and stereotyped discipline or profession.

Nigeria has a country has too many problem that has eaten deep into our system at the expense of free trade and open boarder cos such economic policies has a long term negative effect on a country economy. The only reason Buharri is been crucified is because after d late Abacha, he is d only President wt the nerves and courage trying to close our porous boarders and corrupt capital drains that has grounded and made d Nigerian economy vulnerable to foreign economic policies or stimulus that further compromise or rescind d dignity in the home grown or home spurned economy that has left us for years at the mercy and receiving ends of the white man inventions and age of technology that has left a hole on the value of our Naira and Kobo.

Nigerians needs Brain Koboko, Our case is too bad that our life begins and ends with our graduate certificates such that we are not committed to reading to keep in tune with the fast developing world. All we know is to work for 30 days and expect salary payment alert after every 30days calender month. Believe me we Nigerians truely dont have a life cos 90% of us are morons who don't know the different between good and evil, right or wrong. All we know is to get more certificates to get more money. its like what you call acyclic economic money doubling defaults. Our time and Portals are already closing up and we are fast behind schedulle. We are in an industrialized and tech age which permits the white man to think differently from the rest of the world. We are such a slowpoke not to know that for the next 2,000 years Africa and Nigerians will continue to remain indebted, and a money making puppet and for the white man and the developed Nation. Shame on us for Blaming President Muhammad Buharri for his efforts to put things where it should be even if it will cost our blood. Everyone wants to go to heaven but nobody wants to die. You can't eat your cake and have it but Nigeria has eaten its cake long long long ago. like Soludo rightly said, "Nigerians has been living on a borrowed robe for far too long.

The white man has invented the technology that the world will to face the challenge of the next 50 to 200years but awaiting to be commercialised, when all that begins, Africans boarders will always be open for consumption and dependent economy, another reminder of how our forefathers and village and tribal Chiefs gave the white men a ship full of 2,000 slaves just for a "Common Mirror" just like we Africans are ready to kill ourselves and so hooked to our smart phones and computers today as we now live in a programmed world where one person with a computer has the power to save the world or doom the world. Courtesy of the white man while we Africans are still grounded in the immobile old mentality of everything begins and end with a graduate certificate. Increase efforts in imported or transfered technology only gives the developed world an advantage over the less developed or developing world. Increase efforts in Agriculture only gives the National GDP and Economy a boost.

As Africans, we are a disgrace to Education as we Abuse its use like a gun in the hand of a Child dragged to the war front and red lines. May God's Arch Angel's wings continue to save us as Africans from our shortsightedness and our dirty games of ploy and polity of fate, luck and fortune. With an edge in technology, the white man and the developed world is already 3,000years ahead of us.

If you are a good economist and you read your Macroeconomics text well enough, you will be knowledgeble enough to know that President Muhammad Buharri is only a Saviour helping to revive faith and dignity in the Nigerian economy. Commit 20,000hrs to study and become a master.

Nigeria has a country has too many problem that has eaten deep into our system at the expense of free trade and open boarder cos such economic policies has a long term negative effect on a country economy. The only reason Buharri is been crucified is because after d late Abacha, he is d only President wt the nerves and courage trying to close our porous boarders and corrupt capital drains that has grounded and made d Nigerian economy vulnerable to foreign economic policies or stimulus that further compromise or rescind d dignity in the home grown or home spurned economy that has left us for years at the mercy and receiving ends of the white man inventions and age of technology that has left a hole on the value of our Naira and Kobo.

Nigerians needs Brain Koboko, Our case is too bad that our life begins and ends with our graduate certificates such that we are not committed to reading to keep in tune with the fast developing world. All we know is to work for 30 days and expect salary payment alert after every 30days calender month. Believe me we Nigerians truely dont have a life cos 90% of us are morons who don't know the different between good and evil, right or wrong. All we know is to get more certificates to get more money. its like what you call acyclic economic money doubling defaults. Our time and Portals are already closing up and we are fast behind schedulle. We are in an industrialized and tech age which permits the white man to think differently from the rest of the world. We are such a slowpoke not to know that for the next 2,000 years Africa and Nigerians will continue to remain indebted, and a money making puppet and for the white man and the developed Nation. Shame on us for Blaming President Muhammad Buharri for his efforts to put things where it should be even if it will cost our blood. Everyone wants to go to heaven but nobody wants to die. You can't eat your cake and have it but Nigeria has eaten its cake long long long ago. like Soludo rightly said, "Nigerians has been living on a borrowed robe for far too long.

The white man has invented the technology that the world will to face the challenge of the next 50 to 200years but awaiting to be commercialised, when all that begins, Africans boarders will always be open for consumption and dependent economy, another reminder of how our forefathers and village and tribal Chiefs gave the white men a ship full of 2,000 slaves just for a "Common Mirror" just like we Africans are ready to kill ourselves and so hooked to our smart phones and computers today as we now live in a programmed world where one person with a computer has the power to save the world or doom the world. Courtesy of the white man while we Africans are still grounded in the immobile old mentality of everything begins and end with a graduate certificate. Increase efforts in imported or transfered technology only gives the developed world an advantage over the less developed or developing world. Increase efforts in Agriculture only gives the National GDP and Economy a boost.

As Africans, we are a disgrace to Education as we Abuse its use like a gun in the hand of a Child dragged to the war front and red lines. May God's Arch Angel's wings continue to save us as Africans from our shortsightedness and our dirty games of ploy and polity of fate, luck and fortune. With an edge in technology, the white man and the developed world is already 3,000years ahead of us.

If you are a good economist and you read your Macroeconomics text well enough, you will be knowledgeble enough to know that President Muhammad Buharri is only a Saviour helping to revive faith and dignity in the Nigerian economy. Commit 20,000hrs to study and become a master.

Stronger and Onward I stand with President Muhammad Buharri.

30 JUL 2012 RESEARCH & IDEAS
How Technology Adoption Affects Global Economies
In a series of research papers, Associate Professor Diego A. Comin and colleagues investigated the relationship between technology adoption and per capita income. They found that the rate at which nations adopted new tools hundreds of years ago strongly affects whether those nations are rich or poor today.
by Carmen Nobel
It's not often that a best seller inspires academic research. If anything, it's usually the other way around. But Harvard Business School Associate Professor Diego A. Comin was motivated by reading Guns, Germs, and Steel, Jared Diamond's 1998 Pulitzer Prize-winning book that explores the historical hegemony of Western Europe through the lens of technology and geography.
“WHAT WE SHOWED IS THAT PAST TECHNOLOGY DETERMINES CURRENT TECHNOLOGY.”
"It was a nice story, but the evidence was mostly anecdotal," Comin says. "I thought it would be very natural to test that story with my data. I wanted to look at how technology interacts with geographical diffusion."
In a series of research papers, Comin and colleagues investigated the relationship between a country's historical rate of technology adoption and its per capita income. It stands to reason that adopting a new technology would increase a nation's wealth. After all, new tools—from the telegraph to the PC—enable expedited production of goods and services, eventually facilitating economic growth. Technological tools also improve a country's perceived standard of living, as in the case of the light bulb or the cell phone.
But Comin's research is striking in what it shows about the historical reach of technology adoption. According to his findings, the rate at which countries adopted new tools hundreds of years ago strongly affects whether they are rich or poor today. Comin also has begun to uncover why there's still such a disparity in the wealth of nations, in spite of the fact that technology adoption lags have shortened dramatically in the past few decades.
In their paper An Exploration of Technology Diffusion, Comin and fellow researcher Bart Hobijn described a scientific model to track the effects of technology adoption, testing the model on 15 technologies in 166 countries from 1820 to 2003. They covered major technologies related to transportation (from steamships to airplanes), telecommunication (from the telegraph to the cell phone), IT (the PC and the Internet), health care (MRI scanners), steel (namely tonnage produced using blast oxygen furnaces), and electricity. For each technology, they compared when it was invented with when it was adopted by each country: for instance, the automobile was invented in 1885, but didn't reach many nations until the latter half of the twentieth century.
According to the data, countries have adopted new technologies an average of 47 years after they are invented, with the United States and the United Kingdom leading the way in adoption rates over most of the past two centuries. More importantly, adoption lags account for at least 25 percent of cross-country per capita income differences: in short, the longer the lag in technology adoption for any given nation, the lower the per capita income.
Was The Wealth Of Nations Determined In 1000 Bc?
Further research showed that a region's economic performance in the twenty-first century is directly related to its technology adoption activity as far back as AD 1500. Comin, William Easterly, and Erick Gong explain these findings in their paper Was the Wealth of Nations Determined in 1000 BC?
To prepare the paper, the team compiled a series of data sets on the history of technology spanning some 2,500 years prior to the era of colonization. They measured the level of technology adoption for more than 100 countries in three periods: 1000 BC (pack animals, vehicles, and pottery, for example), AD 0, and AD 1500. They also tracked technology adoption in the modern era.
The researchers wanted to determine whether there was an association between a country's ancient historical technology adoption rate and its adoption of technology in the twenty-first century, reasoning that this could help determine whether ancient technology adoption predicted current per capita income. (To correlate the geographical borders of modern-day nations with the cultures and civilizations of the ancient time periods, the team used maps from the 2006 edition of The World Factbook, published by the Central Intelligence Agency.)
There appeared to be no significant correlation between technology adoption in 1000 BC or AD 0 with the level of technology adoption in modern times. However, the paper states, the data set from AD 1500 turned out to be "an excellent predictor of per capita income today."
According to the research, when a geographical area had a high technology adoption rate in AD 1500, then the corresponding modern-day nation tended to adopt technologies shortly after their invention. However, areas with slow adoption rates in AD 1500 evolved into nations that didn't adopt new technologies until several decades after their inventions.
"What we showed is that past technology determines current technology. The dynamics of technology adoption are very persistent," Comin says.
Extensive Vs. Intensive Margins
While those findings were significant, Comin was puzzled by one apparent paradox related to the fact that technology adoption lags have diminished dramatically in recent decades, across the globe. For example, the United States launched the Adams Power Station at Niagara Falls in 1895, only a few years after the invention of a three-phase power system. India, meanwhile, didn't adopt electricity until the 1900s. But when it comes to modern technology, the lags tend to be almost identical: both the United States and India adopted cell phone technology in the 1980s. However, the difference in per capita income between those nations remains huge: in 2011, the United States had a per capita GDP of around $48,000, while India's was the equivalent of US$3,600.
So why doesn't the shrinking gap in technology adoption lags naturally lead to a smaller disparity between per capita incomes? Comin says the answer lies in the difference between "extensive" and "intensive" margins. In his aforementioned research, technology adoption was measured according to extensive margins; that is, how long it takes a country to adopt a technology at all. But that research did not account for intensive margins; that is, the extent to which a technology is adopted by the nation as a whole.
For instance, the extensive margin of cell phones would measure the gap between the invention of the cell phone and the date when cell phone technology first entered a country. But the intensive margin would measure the number of cell phones in a country relative to that country's population. When applicable, the intensive margin also takes into account the amount of output associated with a new technology, such as the tons of steel produced in blast oxygen furnaces in any given country.
Comin focused on intensive margins in his working paper "The Intensive Margin of Technology Adoption," coauthored with Martí Mestieri. Studying the same 15 technologies and 166 countries from Comin's earlier research, they found that while adoption lags have diminished extensively across the globe, they have not diminished intensively. In other words, while a new technology may reach a third-world country faster than ever before, it's not necessarily reaching the majority of people in that country.
Significantly, they found that differences in the intensive margin of technology adoption account for some 45 percent of cross-country differences in per capita income. "This intensive margin has not converged at the same rate of extensive margins," Comin says. "In fact, it has diverged."
Taken together, the results of Comin's research with Mestieri and the results of his research with Hobijn, Easterly, and Gong suggest that up to 70 percent of differences in cross-country per capita income can be explained by differences in technology adoption.
Comin reports that future research will elaborate on how intensive adoption margins affect growth"We're getting closer at understanding the drivers of technology and its effects on the wealth of nations," he says.
ABOUT THE AUTHOR
Carmen Nobel is the senior editor of
Harvard Business School Working Knowledge. http://hbswk.hbs.edu/item/how-technology-adoption-affects-global-economies

If only this story is true, This is what I call abuse of Privilege by an ordinary officer, I am dead sure the soldier man is just like every other aggrieved recruit. No commissioned and educated military officer will treat a woman in such a manner cos military well trained military personnel in Nigerians are the only ones I know that sticks to protocol like a gun.

This indisciplinary act is not restricted to the Nigerian millitary personnel alone. It is almost everywhere and in almost every sector in Nigeria. I believe Nigerian youths will tell you they face far worse intellectual intimidation from the Nigerian academic institutions to include unfair treatments from both the teaching and non teaching staffs, Lecturers, HODs, Deans of faculty, Profs, VCs and Rectors of Poly techniques, Colleges of Education and also Universities. That's why you see Nigerian youths and graduates reason as if his real life has been taken away from him in exchange for something far less. Most Nigerian youths and graduates behave as if d light and life in them has been sniffed out but its just that the thought of the certificate mks you feel that there's false hope! I have had such an encounter wt a Dean of faculty before, along side others in my school but all I could do is to just smile at such encounter and I exhausted and expended my rights dutifully where I needed to stand my grounds to the extents and limits of my rights as I am gentle as a dove and fearless as a lion in the face of danger both in offensive and defensive mechanism.

Education is the best thing in life that can happen to any man. This is one thing A US or British or German, The Vatican Jesuit, Spanish and Italian Military officer will never do, and yet they are one of the best in the world. I must say categorically that I know alot of Nigeria disciplined millitary men who went through NDA who would never react even if you pour a bucket of urine on them, they are more than 100% reserved when their offensive display is least needed. like i said, if this story is through, such a military personnel must be just an aggrieved Recruit cos I knw lots of recruits who not want to engage in ventures or indisciplinary checks that will compromise the essence of their uniform cos of consequence of demotion, dismissal and punishment for indiscipline.
A well educated military personnel always tends to give far better security result than a less educated ones such that even in the extreme heat of crisis and chaos, they remain calm and calculative and give a preemptive and awesome counter results. A real soldier saves his prowess for deployment or for the battle field.

dgitrader:
from pathetic lair, to mediocre a agric graduate, to local farming intern, to militia, and also to evil being? only you? keep it coming. lol. u even blow empty threats? young man, drop ur frustrations at the feet of the cross. ur case is legendary. i wish i can meet u one on one, u need help.

You shld understand that the essence of my campaign is to save frustrated animals like you from further degenerating into a worse beast that you already are. What explanations do I owe u? do u expect me to put up a rancour wt dumb thing like you?? am sure your one of d over 80 million dead weight pulling Nigeria as a nation backward, I realy want you to search your soul deep down for your fault lines, pls do my brother. It realy doesnt matter weather ur wt me or u agree wt me or not, but if u reach a point of compromise and feel d need to do the right thing, come out plain or go to church and ask your God for forgiveness.

*A WAKE UP CALL TO PARENTS AND THE YOUTHS*

Years back, *poor illiterate parents* produced
> Doctors,
> Engineers,
> Scientists,
> Accountants,
> Lawyers,
> Architects,
> Professors.., whom I will refer to as *Group 'A'*.

These *Group 'A'* Children struggled on their own after Primary 6 or Grade 12, to become notable personalities. Most of them
> trekked to school *barefooted*
> went to farms
> fetched water and firewood
> cared for domesticated animals
> did some work including trading after school to survive.

Now Group 'A' ,who have now become Parents themselves are *producing Group 'B' Children*
These group B children are
> pampered
> helped in their homeworks or home assignments from nursery school through secondary schools to higher institutions.
> chauffeur driven to very expensive schools or are sent abroad to study.
> they can watch movies from morning till dawn after school.
> they are treated like baby kings and queens.
> they don't do any household chores.
> Food is put on the table for them,
> their plates are removed and washed by parents or house maids.
> They are given expensive cars and clothes,
> not forgetting *big pocket monies to be wasted* !!!.
>Their parents help them in doing their assignments.
In spite of all these, only few can *speak* or *write* correctly.

Group 'A' Parents cared for their own *parents* and *children*, Group 'B',their Children are still *struggling to find their feet at age 30+*
They find it difficult to do things on their own because they are used to being helped to think and doing things by Group 'A'. So they can't help themselves, their parents or the society. *THEY ABANDON THEIR PARENTS IN THEIR BID TO ACQUIRE THE WORLD*

*Where do you belong?*
> Reduce the pampering and the unnecessary help you offer your children.
> Let your children *grow in wisdom, intelligence, discipline and strength*.
Let them face the truth and the realities of life. Teach them to grow to become *independent adults.* Teach them to
* fear God,
* respect others and
* develop confidence in themselves.
Parents, discipline your children to become disciplined adults, *useful* and not *useless.*
It is most certain that our world today has evolved past the era of gridlock and bottled up intuition, inadequacy and ineptitude with an ever challenging model and construct of a global society.
Years of discipline and work pays off than the look out for fast money and fast wealth as its one of the factors evading value for labour and the true meaning and rationale for wealth and equality.
With the craze and abuse of the tech world unchecked, it presents a world industrial and consumer zombie society of smart phones and dumb people which eat hard into the economy of the developing and third world nations which perpetually and consequently cripples the economy.
We are now in an age of smartphone, smart tabs, smart note and smart computer and dumb people. My question is this, how does the importation of technology and other consumer goods into d country help the country's economy its Nominal GDP, and Purchasing Power Parity if not only a drain? Along with the wreckage caused by the abuse of social media whereby our youth expends a large chunk of their resourceful time and waste away. We must encourage our youths to think independently, innovatively, creatively, inventively and uphold value for hard work, moral conducts and good ethics.

The reference and citations of this article is to the credit of the works of George Franklin Guilder, Ben S Bernanke (The Chairman to The US Federal Reserve Bank), Alan Greenspan, ( Ben S Bernanke U.S Federal Reserve Bank Predecessor who served in the Tenure of Richard Nixon, Ronald Reagan, George Bush & Bill Clinton whose exit and due retirement in 2007 saw the Forex market Crash and world recession surge in the following year 2008), Lord Adair Turner ( President and Chairman of The Bank of England), Nicolas Nassim Thaleb The Author of Black Swan), Karl Max, Simon Kuznets (a Harvard Economist), Prof Erik Brynjolfsson of MIT Sloan School of Management, Prof Andrew Mcfee (Co Author of the 2nd Machine Age), MIT Darin Acemoglu, Prof Chris Benner (An economist of the University of California), Belle Epoque, Prof Anthony Atkinson(University of California), Prof Emmanuel Saez, Prof Mark Spitznagel (US Hedge Fund Manager, Chairman & Industrial Mogul), Prof Thomas Piketty (Paris School of Economics, Author of Capital in the 21st Century), Russell Hancock and Vivek Wadhwa.

Lets save ourselves the argument in the defence that the Nigerian youths are not lazy, read my article again. An in depth research into the great and well informed works of this great men made me understand that Nigeria is $22 trillion dollar worth in GDP and asset as against the professed $560 billion dollars, while the USA is $18 trillion dollar worth in GDP, the total world GDP is about $60 trillion, while a few individual and inustrialist from the developed world have some $600 trillion starched away somewhere. This implies that the Nigerian government and people can bail itself out cos almost everything you touch in Nigeria is gold.
The truth is that people who blame others for their failures, misfortune and mischievousness will most likely remain a failure for the rest of their life to be seeing and projecting the problem and insecurity of their life on others.
Accept that as a youth, you cannot eat yo cake and yet have it. The school cumulated to the wrath. Our youths have the power to save their future if they want With the courage for agriculture and small scale industrialization.

Alan Greenspan; a one time US Chairman & President of The Federal Reserve Bank once said and I quote..... "The poverty and inequality in the world today is not because man has become more greedy since the history of mankind but that man has found over a thousand and one ways to express and demonstrate his greed in the name of civilization and in the wake of an industrial age."

That's just a 0.001% fraction of the leakages we have in Nigeria, imagine $3 billion dollar worth of rice stocked in Benin alone, just between 2 years of Buharri administration. Nigerians should just be greatful to God to have a lenient Buharri has her President cos if I were the President, by now a bag of rice will be gold. If I were the President to have inherited an indebted and bankrupt nation like Nigeria, a bag of rice will be #1.5million Naira, such that if your Bill Gate in Nigeria, you will know you don't need to go the University to get a degree before you start rice farming. Its either you farm rice to eat rice or you dream of eating jollof rice in heaven. Nigerians are one of the worst crooked and tortoise brained people in the world.

In addition; If I were the Nigerian President I will ban 96% of imported commodity into the country. A bag of Garri will be # 800,000 naira, a bag of beans will be #2 million Naira, a com will go for #200 million naira and the list will go on. blv me, it will be a 2nd hell for Nigerians until every body begins to treat the sand alone as gold. Go to Dubai, Iran, Iraq and Saudi Arabic and see how at a disadvantage and unfriendly Nature has treated them with drought, a poor and demeaning soil preference. Naija brainless; addicted and following twitter, facebook, watsapp, BBM and all the white man inventions like Colombian crack cocaine without asking questions. When I say the Nigerian GDP is worth $22 trillion dollars, people think that I have read too much history of Illuminati history, John D Rockefeller and Amreich Rothschild $600 trillion dollar worth of dynasty and empire. What is left of Nigerian lazy youths now is nothing but chaft and animal dung behind the pretence of certificate, meal tickets and empty University degrees. continue in ineptitude and let's see how far you can all go. keep on blaming your President and politicians. pls continue!

Some of the biggest tech minds in the world are adamant that the world we live in is in fact a computer simulation. Somebody call the Wachowski siblings!
Sam Altman is the brains behind the Californian startup Y Combinator, and he’s been speaking recently about the challenges surrounding artificial intelligence. He’s not one for mincing words, Sam Altman:
“We enslave the AI or it enslaves us. We need to level up humans, because our descendants will either conquer the galaxy or extinguish consciousness in the universe forever.”
Sam was speaking to veteran writer Ted Friend, who went on to imply that some of the biggest tech names around today can’t quite shake the feeling that everything isn’t exactly as it seems.
“ Many people in Silicon Valley have become obsessed with the simulation hypothesis, the argument that what we experience as reality is in fact fabricated in a computer… Two tech billionaires have gone so far as to secretly engage scientists to work on breaking us out of the simulation. ”
Friend didn’t go on to say whether or not Sam Altman was one of the people in Silicon Valley, but the idea is enough to get those on the forefront of technology excited.
They’re not the only ones, either. While Silicon Valley is hard at thought, another company is working on getting us some hard evidence.

According to some of the biggest tech geniuses in Silicon Valley, there’s a pretty good chance we’re living in the Matrix, but what do they know? There isn’t any hard evidence… or is there?
The Bank of America is also pretty interested to find out how much of our life is reality, and unlike the guys down in Silicon Valley, they’ve actually gone and produced a report. The bank’s wealth management company, Merrill Lynch, have already sent out a briefing note to their investors explaining that there could be as much as a 50% chance we’re living in a simulation at the moment. They also released an infographic that explains the future of reality as we know it, plus telling us the probability we’re already in a simulation.
The note goes on to explain that the rate that technology is progressing, there’s a possibility we’ve got the technology to enter a Matrix-like simulation in the future:
“ The argument is that we are already approaching photorealistic 3D simulations that millions of people can simultaneously participate in. It is conceivable that with advancements in artificial intelligence, virtual reality, and computing power, members of future civilisations could have decided to run a simulation of their ancestors.

Unless we are now living in a simulation, our descendants will almost certainly never run an ancestor-simulation.”
Personally, the idea that we’re living in a computer simulation is not only completely mad, but also quite plausible; that being said, I think we should hold off on actively trying to escape. Partly because it’s too soon, and partly because we don’t want to alert the agents, do we? Hold on, there’s a knock at my door. Who could that be?
The idea of living in a simulation is pretty exciting, but if this theory about the end of the world turns out to be true, it doesn’t matter, does it? Think about the ever increasing height of Poverty in the world with the advent of the Capital Market, Forex Trading, Cryptocurrency, Moral Decay of our Academic Institutions, failing government and Policy makers, The Tech World and Incessant rise and fall of the stock markets, mortgage funds caving, global meltdown, poverty in d third worlds, South East Asia economic crisis, South and Central America and Africa job crisis, Joblessness and shrinking economy in the Soviets blocks, Japan, China, USA and Europe, The New World Order and everybody's rush and survival and animal instinct and intuition at play for quick rise to the to, fame and Power and you will. Welcome to the world of DAX simulations and matrix ciphers. A world where the ladder between the rich and the poor is no longer visible and the case will remain that way & worsen for centuries to come on the basis that our Society & School system has failed the world in the value and quality of Primary, Secondary and College Education that has been giving false pill of a lifetime job security to youths and the labour force to further metastasize its own products, human and economic resource and industrial zombies with chippend computer language for mass economic failure. This is the time for Africans to wake up and Take self sustaining industrialization and agricultural ventures seriously cos amidst the height of the world financial indebtedness, the USA and Europe who instigated the meltdown crisis are still surviving while the 0.1% elites in the USA are making a kill of 45% of the worlds wealth of over $20trillion as all the wealth of the world ends up on their table through extensive global technology and social bubble integration while the Africans and the rest developing world economy continues to rescind under. With the advent of the computer age and dot com bubbles, The US GDP alone is worth $20 Trillion Dollars out of the worlds $50 Trillion dollars in total GDP. The Annual Per capital income of an average USA or over 300 million USA is fixed at $25,000 per annum while the rest of the middle class earn $50,000 dollar per annum and these sets altogether makes just 80% of the total USA population while 15% of the upper middle class makes between $200 to $3 million per annum the rest 4.99% and the 0.01% of its population accounts for the few elites that fleece the world. The average per capital income all over the world is $5,000 while and an average African GDP is at or less than $1,000 per annum. At the minimum of $16 labour cost or wage per hour as compared to €12 per hour labour cost in Europe, the least of US Citizen or immigrant is far more comfortable than any other citizens of the world. The emphasis here is to tell us that the poverty and economic demise of other nation is a big plus to the wealth of The United States of America. Not only that the USA controls and leads in the $5 Trillion daily Forex Transaction of the world's economy and capital market, but they have the strongest banking structure among the 8 strongest Central Banks of The world and also a visible and clear cut escape plan out of the global economic recession that has severe the worlds economy. To put my long words in a few but simple expression, with the advent and evolution of software technology, social media, cryptocurrencies, hedge fund, mortgage investments, Internet opportunities and fast money. Only The USA created the recession and only the USA has the Solution to it has the rest of the world embrace whatever scrap and junks that falls of its table like a faithful dog or a Colombian Christianed and baptized with crack cocaine and also with a zombie and moronic warmth embrace for civilizations without objectives and asking due question. Civilization has a cost. I believe there is still hope for Africa but Africa must learn from the Success and failure of The USA, China, Japan, Russia, Brazil, India and Europe.

Citations from Alan Greenspan; Former US Federal Reserve Bank, Chris Bennet; a regional economist at the University of California, Davis, Prof Daron Acemolgu of MIT, Jane Austen, Prof Andrew McAfee co author of the Machine Age, Prof Erik Brynjolfsson of MIT Sloan School of Management, Prof Simon Kuznets;1950s Harvard Economist, Prof Anthony Atkinson of University of Oxford, Prof Nicolas Nassim Thaleb, Prof And Tech Mogul Mark Spitznagel, Prof Michael Lewis, Paul Krugman, Rudi Dornbusch of M.I.T, Ben S. Bernanke of The US Federal Reserve, Prof Ravi Batra, William Fleckenstein, Raghuram G. Rajan, Liquat Ahmed, Professor Hayden White, Prof David Aldous, Guiles Foden, Gregg Easter Brook C, Will Davies, Daniel Kohneman, Prof Keith Hennessey, Prof Greg Mankiw, Prof Michael Spence, Prof Douglas Cligott, William White, Claudio Borio, Roger Lowenstein, Prof Brad Delong, Prof Lawrence Summers, Prof Mark Spitznagel, Kaiser Fung, Mark Gertler, Prof Lord Adair Turner, MRobert Frank, Prof Emmanuel Saez of University of California, Berkeley, Russell Hancock, Vivek Wadhwa, and Prof Thomas Piketty at Paris School of Economics: author of Capital in The 21st Century.

musicwriter:
So far, everything is going as I predicted them.

1. The ugly truth is they would eventually corner Buhari to devalue the Naira to enable them buy up our national assets for pennies. Remember, they know we are about to sell some national assets. They want to buy at the cheapest price possible.

2. If Buhari refuse to devalue, then they'll wait for us to collect all the loans from world bank, IMF, China, and once we have the money they'll tweak their own currency or crash the global oil price again to make the loan money useless.

Either ways, what they want is access to buy everything of value in Nigeria. Unfortunately, they'll succeed.

Expect the Naira at N1,000/$1, before Buhari leave office.

Bro I strongly disagree with you that Buharri will fall for their tricks and games, even if the worst come to it that Nigeria bleeds at d point of death, people into farming and local production and industrial venture will escape the trap nets and hardship while the rest service and less agro allied and less industrial oriented suffers. we just must have scape goats and sacrificial lamb to bleed for the rest of Nigerians to survive. thats d theory of demand and supply.

I trust Buharri administration to do the needful and I strongly believe Buharri will never entertain such nonsense under his nose. we have great economists in Nigeria that knows whats best. Europe is already dying out as it is a pile of amassed debt looking for the dependant and developing nations to absorb its mess and excesses it has created in the Eurozone. Any attempt to devalue the Naira is an attempt to buy over the debt of the developing Nation when we ourselves are near death experience already. The world is in a global mess again and the foreign exchange and capital market readings and openings will only continue to worsen situation to make profit without regards for small and medium scale enterprise. D only way out for Nigeria is to humble yourself and gladly embrace agriculture with an unmirred and uncompromising integrity

This is what happen when Nigerians are lazy and deft and blockheaded to embrace agriculture. This is what happen when Nigeria is looking for free and fast money and fails to encourage home spun agriculture. If this devaluation of the Naira ever takes flight, surely millions of Nigerians will suffer. a bag of garri will become #50,000 naira. there will be commodity without money to buy and Nigeria will be far poorer than Niger, Chad, Ivory Coast, Cameroon, Zimbabwe, Ghana and Benin Republic. For those of u who continue to bank your life on your white collar job, Agriculture is the only way forward if you don't want to end up been slave in your own country. These people calling for Naira devaluation are all thieves parading themselves as economist go and check there pedigree and appointment portfolio, everything they lay their hands on either drys up or turns to blood and every land they step in becomes deserts and more of a poverty stricken land. Nigeria has every reason to ban total importation and start afresh proper home grown and self sustaining economy. we cannot afford to continue to be at the mercy of the develop world a taking responsibility for the financial mistakes and recession caused and made by these developed Nations of the world today. We have every reason to patronise only China, Russia, Japan and India right now we are all going down together as lots of this people envy the Nigerian Economy and are ready to Suck Nigeria dry. devaluation of d Naira will definitely put Nigeria fuel pump price at #500 naira per liter. Who ever you are or whatever your discipline, embracing home spun industrialization and agriculture is the only way out to producing a self sustaining Nigeria and wealth. The Nigerian government is doing her best, we must equally also play our own role

rapistomenka:
“from Action Group to UPN, to NADECO to PRONACO and probably to MONACO

Yorubas are being cut to size again by their masters.

Tinubu should better watch it else his hairy arsss will be bungled into kirikiri like a bale of okrika.

They did it to Awolowo and MKO....

I wonder when Afonjas will have common sense.

Rapist is this all your best shots?? This Old man is suffering from schizophrenia and dementia, and he is ready to die any time soon, are u ready to go to d grave with him or is your battery about to die. This is what hatred, illiteracy and joblessness can cost u. U hv to help yourself and do something better with your life. When the foolish man is talking, the wise man only listen and never talk back cause silence is d best medicine for a fool. go to farm and mk your life useful. go and make some money and not formenting trouble for your entire household except if your a wayward son of a prodigal father

Its a great effort on the part of d government. But I want to believe there are alot of architectural defects about this building. D Eye saw are just too many