Adedeji2012's Posts
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Th3mmy:Pls bro, i nid the post utme past question: oladejogbadebo@gmail.com |
SirVintageCock:Oh boy you wicked small. Japan is already accustomed to quakes, dont wipe off the entire country. |
IamPatriotic:Shey this Apc juju never clear for una eyes? |
Badosqi:Bros, abeg, these curses too much na. |
NaLaugh:my dear crying cryer, pls dont start |
AntiWailer:Megaclueless 10 star deluded zombie. |
UjGina:Sorry ehn, weeping weeper |
blackberlin:It would be better if they said they connived witg PDP, they could even say they connived with GEJ (the root of every problem in Nigeria) |
walex1991:One man mopol? He is more of a one man battallion. |
arewaboy:Werey |
MoneyGreen:If you are sure your oil in kano and the likes are enough to run the economy, then let these people go. Moreover, militancy started only when the adverse effects of oil exploration started having its toll on the people living in those communities. Start oil exploration in Lagos and ondo and let us see whether there will be no militancy. The only places i know there cant be militancy is the north because those people can live in a dunghill. By the time you make the whole of Nigeria unliveable, we will see who gets the last laugh. |
irunooboo:And you think Ondo and Lagos oil is enough to run Nigeria. I laugh in Swahili. With the way the Niger Delta communities look like, they deserve their requests. Come to think of it, think of yourself living in a community where oil pollutes the land to the extent that things barely grow. It is a direct show of hatred and contempt to the people whose resources are being used to run the country to close the maritime university. All these and many are what definitely leads to violence when things can no longer be endured. |
OP, Abeg ooo: 07080503693 |
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I just received 5Mb valid till june 23. Thanks |
Abeg, send here too:
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The continuing pressure on the naira
rose sharply on Wednesday with the
local currency tumbling to a new low of
371 against the United States dollar at the
parallel market. It had closed at 361 per
dollar on Tuesday.
The delay by the Central Bank of Nigeria
in explaining how the proposed flexible
exchange policy will work has increased
Foreign exchange dealers and investors
said the delay had caused uncertainty in
the foreign exchange market and fuelled
hoarding of hard currencies.
According to foreign exchange dealers at
black markets in Lagos, Abuja and major
airports across the country, the dollar
was sold for between 367 and 373 on
Wednesday.
Findings from various operators revealed
that the local currency went for 371
against the greenback in most of the
parallel market locations.
Abokifx.com, an online portal that
monitors the movement of exchange
rates at the parallel market, reported that
the naira closed at 367 against the dollar.
However, the currency traded at 199.40
to the dollar on the official interbank
market, within the CBN’s pegged rate
band.
“Demand for the greenback has
increased amidst growing scarcity as
uncertainties created by the new policy
have caused individuals to start to stock
dollars,” the National President,
Association of Bureau De Change
Operators, Alhaji Aminu Gwadabe, told
Reuters on Wednesday.
Economic analysts said heightened
political risks, evolving economic crisis
and the CBN’s delay in unveiling its
blueprint on the proposed forex policy
were responsible for the fast depreciating
rate of the naira at the parallel market.
An economic analyst and Chief Executive
Officer of Cowry Asset Management
Limited, Mr. Johnson Chukwu, said,
“Foreign investors are fast losing
confidence in the economy, seeing that
they cannot bank on what the central
bank says. It is almost two weeks now
since the announcement of a new policy
and yet, the blueprint has not been
unveiled.
“Secondly, the Minister of State for
Petroleum Resources, Dr. Ibe Kachikwu,
just said that oil production had fallen
significantly as a result of the disruption
in the Niger Delta; this means a major
drop in our forex earnings. So, this is an
evolving economic crisis.”
Other analysts said the value of the local
currency was dipping because
customers were trying to hedge against
a possible depreciation when the CBN
clarifies its new forex policy.
The naira had closed at 357 against the
greenback on Monday, before crashing
to 361 on Tuesday.
The CBN had recently said it would
abandon its naira peg to the dollar and
introduce a flexible currency exchange
regime.
It has not said how this will work, a
situation that has unsettled investors who
are worried about getting caught in the
middle of a devaluation.
The CBN’s Monetary Policy Committee
had two weeks ago announced the plan
to adopt a flexible exchange rate. The
Governor, CBN, Mr. Godwin Emefiele,
said the blueprint for the proposed policy
would be released soon.
The delay has, however, caused the
stock market to record huge losses after
recording landmark gains following the
announcement of the plan to adopt the
policy.
The central bank banned dollar sales to
retail Bureaux De Change in January and
reduced supply at its official interbank
forex market in an effort to conserve
reserves, now at their lowest level.
Source: http://punchng.com/naira-tumbles-371-dollar-scarcity-persists |
Following the incessant production outages and force majeure declared on exports of some grades of Nigerian crude oil, which have created supply uncertainty to the major buyers of Nigeria’s crude oil, mostly foreign refineries, the refineries from India to the United States are backing away from buying Nigerian oil and turning to Iran and other Middle East countries for sustainable crude oil supply. The uncertainty about deliveries of Nigerian crude to the foreign buyers due to supply disruptions has heightened in recent months as the country squares up to the new militant group in the Niger Delta, the Niger Delta Avengers (NDA), which wednesday claimed it had struck Chevron- operated RMP 20 Well at Didi community in Egbema, Warri North Local Government area of Delta State. Force majeure is a legal clause that allows crude oil producers to stop exports and cancel deliveries to customers without breaching contracts by citing unforeseen circumstances. Shell, ExxonMobil and Nigerian Agip Oil Company (NAOC) have invoked this clause in recent weeks to avoid contractual obligations to customers who were denied supplies. The lack of guarantee of steady supply of Nigerian crude by the IOCs has fuelled the reluctance of foreign buyers to buy Nigerian crude. It is feared that with this development, the country may risk losing some of its customers to other rival producers, particularly Iran. So far, crude oil supply shortfalls like those experienced in Nigeria and Libya, have been met by rising output in the Middle East, especially Iran, which has ramped up output since the end of international sanctions against the country in January. Nigeria, which ranked as Africa’s top producer, recently lost its position to Angola after the country’s production dropped from 2.2 million barrels per day to less than 1.5 million barrels per day following production disruptions caused by the recent upsurge in militant attacks on oil and gas facilities. The NDA has staged a number of attacks on oil installations belonging to Shell, ENI and Chevron, pushing output in Nigeria down past 20-year lows last month. Though some oil facilities have clawed back output, the Avenger’s attacks have continued and the group has vowed to bring Nigerian production to “zero”. While Shell declared force majeure on its exports of Bonny Light and Forcados streams, Agip declared force majeure on exports of Brass River, ExxonMobil had also declared force majeure on exports of Qua Iboe due to rig accident, which damaged a pipeline. Reuters reported that India’s HPCL was forced last month to cancel a vessel it chartered to carry 2 million barrels of West African crude due to the Qua Iboe force majeure. India’s state-run Indian Oil Corp. Ltd – a major buyer of Nigerian grades over the past year – has stated in its recent tenders that it would not take grades under force majeure. Indonesia’s Pertamina, another frequent buyer, also chose not to buy Nigerian grades in its recent tenders, favouring Congolese Coco, Angolan Girassol and Saharan Blend from Algeria instead. Traders said Pertamina had shifted its preferences since the violence and uncertainty escalated, although Daniel Purba, Senior Vice-President of ISC Pertamina, told Reuters by text message that Pertamina is “monitoring” Nigeria, but “currently it’s still not affecting crude purchasing”. ExxonMobil, which declared force majeure on Qua Iboe in May due to an accident, lifted the declaration last week, but the unpredictability is too much for some buyers. The reduced demand means Nigeria is not benefiting as much as others from a rebound in Brent crude prices, which is partly driven by its own oil outages. Even refineries on the US East Coast, which have been on a buying spree for Nigerian crude in recent months that averaged 240,000 barrels per day (bpd) in April and May, according to Reuters shipping data, are beginning to turn away. As a result, differentials to dated Brent for Qua Iboe, Bonny Light and other grades are under downward pressure. There are several unsold cargoes for June loading, even with more than half a million barrels of production missing. Militants Blast Chevron’s Well in Warri Meanwhile, Chevron-operated RMP 20 Well at Didi community in Egbema, Warri North Local Government area of Delta State was the latest target of the Niger Delta militants’ attack yesterday as it was blasted, causing further disruptions to the nation’s oil production which had dipped from 2.2m bpd to 1.6m bpd in the last few weeks. Although there was no official confirmation yesterday, the Niger Delta Avengers (NDA) in a series of tweets claimed responsibility for the blast. The well, according to the tweets, is 20 metres away from Dibi Flow Station in Warri North Local Government Area of the state. “At 1:00am today, the @Niger Delta Avengers blew up Well RMP 20 belonging to Chevron located 20 meters away from Dibi flow Stattion in Warri North LGA,” it said. The blast obviously signifies the group’s rejection of the federal government’s olive branch by its setting up of a negotiation committee headed by the National Security Adviser (NSA) Babagana Munguno, as well as the standing down order to the military in the Niger Delta region yesterday. “This is to the general public: We’re not negotiating with any committee. If the federal government is discussing with any group, they’re doing that on their own,” the group warned. The last economic sabotage embarked upon by the group was last Friday’s destruction of Shell’s 48-inch Forcados underbelly export terminal pipeline located at Ogulagha and Odimodi communities in Burutu Local Government area of the state. The Nigerian Navy Ship (NNS Delta) Warri had on Tuesday said it arrested a suspected top Commander of the NDA. The suspect, whose name was not released, was alleged to be behind the recent series of attacks on oil and gas installations in the Niger Delta, particularly in Delta State. Source: http://thisdaylive.com/index.php/2016/06/09/ndelta-militants-strike-chevron-again-as-nigeria-risks-losing-oil-market-to-iran |
If you have had an extremely busy and long day, and you are finally free to eat at about 11pm, maybe, of course, it makes sense that you would want to gulp down a heavy meal to assuage the persisting hunger no matter how late in the day it is. Eating late at night is not a complete no-no as it is important to eat when you are hungry; you just have to be smart about it. Contrary to popular belief, eating late at night does not necessarily make you add weight nor does it have any negative health implications. Eating the wrong foods with the wrong number of calories is what brings on all the extra weight and most times disrupts your sleep. Are you visiting or currently living in Nigeria and you have the habit of eating late at night? Rather than just opting for the nearest, tastiest-looking Nigerian food, take a look at a list of 5 Nigerian foods to avoid late at night. Amala and Ewedu A food famous in the western region of the country, Amala and Ewedu is almost a staple on the menu of most Nigerian restaurants. While the soup is made with vegetable and spices, Amala is made with yam powder. They both form an appetizing combo, however, can be unfavorable to your stomach when consumed late in the night. Although the meal digests very easily, compared to other yam-based meals, it is urine inducing and can bring a lot of interruptions and discomfort to your sleep. Amala Pepper soup A favorite Nigerian meal usually served with rice or yam as a side, pepper soup seems to be the perfect meal for times you are hungry at night as it is perceived as a light meal, but you may actually want to step away from it when you are craving something to eat late at night. The pepper soup contains certain spices and peppers that may upset your stomach and chemicals that can also stimulate your senses, making it hard to fall asleep. Agege Bread This would be easy to buy off of the streets if you getting back late and you know you would not have the energy to cook or microwave any major meal when you get home because it would be too late already. While Agege bread would be satisfying when eaten with tea, mayonnaise or butter late in the night, it contains a lot of carbohydrate and sugar that spikes up your blood sugar levels, causing your energy levels to spike and plummet, disrupting your sleep in the process. There is also a chance that you will likely wake up starving a few hours later or in the morning due to the overproduction of insulin the sugar triggers. Fries (yam, potatoes, akara) If you have had dinner by 7 pm and you are still awake by 12pm and you are hungry, you may want to indulge in light finger food. The go to would be fried yam, plantain , potatoes or even akara. While this food may seem like a light meal, they actually are not. They are greasy heavy foods! They weigh on your stomach and take a while to digest, leaving you feeling tired and sluggish in the morning. Also, they do more harm to your sleep than good. You may have to deal with stomach pains, cramps, abdominal bloating, heartburn, and acid reflux, resulting in poor sleep quality. Ewa Agoyin A meal made of beans paired with a spicy sauce made with Palm oil and dried crushed chilies, Ewa agoyin is very tasty but a horrible option for late-night snacking or eating.Not only can it trigger heartburn, as well as upset your stomach, it can totally sabotage a day of good eating and actually keep you from going to sleep. |
Nigeria needs export revolution to rank among
the greatest countries of the world with a sound
economy and foreign reserves comparable to the
key global players, the Executive Director/CEO,
Nigerian Export Promotion Council (NEPC), Mr
Olusegun Awolowo, said on Wednesday in
Ibadan.He spoke while presenting a roadmap to the
nation’s economy in a paper titled: “The ‘zero oil’
plan and an export revolution” he anchored
during a Development Agenda for Western
Nigeria (DAWN) Commission/NEPC dialogue on
economic diversification with some
representatives of six south west states, at the
headquarters of DAWN commission, Cocoa
house, Ibadan. The presentation also had in
attendance the management of the Odu’a
investment company limited led by its GMD, Mr.
Adewale Raji.
The two-hour presentation centred on how
Nigeria can evolve a workable economic plan and
blueprint on agribusiness and other non-oil
sectors that are capable of growing the nation’s
external reserves, generate employment and by
extension, drastically make the naira to rise
against other currencies of the world especially
the almighty US dollar”.
He said Nigeria can lead the export revolution in
Africa as a continent by leveraging on its
diversities and natural resources in a way that
“the one state one product Program (OSOP)” can
be a success for all the states in the federation.
Further details later |
Aniwhyte:Only 5 Stars? U disappointed me. They are 10 Star Zombies |
Hello nlanders, i will want you to share your experiences on this issue. I have heard people saying they met God. Has it ever happened to you? Could you share your experience? How does it feel? |
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[color=#006600][/color] many a people seem happy about the global surge in oil prices and are forgetting that subsidy has been removed in Nigeria. Let us remember that "the higher the price of oil at the international market, the higher the price Nigerians will have to pay for oil OR ELSE, subsidy will have to return so as to provide a STABLE PRICE for the commodity in Nigeria." I stand to be corrected if you have a different opinion. |
tammie24:boss, i love that comment. Jonathan was clueless but Buhari is mega-clueless. Dats how we roll. |
crazymod:**** Were u so blind that u didnt see what jonathan did for the military? Never in your life say Obasanjo paid our debts again. Did he pay the debt or we were forgiven the debt? Slowpoke. |
With all the comments i am seeing here. I deduce that Nigerians still dont understand what it takes to make this country great. Why do we keep on voting for parties instead of candidates. If PDP has destroyed the country for 16 years and they come up with a candidate that can make country great, why not vote for that candidate and forget whatever party he has come from. You said you wanted APC, you now have your APC smashing records just as David Moyes and Louis Van Gaal smashed Ferguson's records. Nevertheless, if apc presents the better candidate, why not do the same thing by voting them in. My Take: GEJ had the better plan for Nigeria. |
Shym3xx:see you, the cattles were flown in aeroplanes while some were carried on okada. The rest most probably rode bicycles or embarked on a marathon to Enugu. |
we ain't ready for this sh!t, try Japan or USA. Thanks. 


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