₦airaland Forum

[quote author=Salvador1 post=89339313][/quote]wicked

Yoruba churches no Biafran will come to that useless Yoruba church

helinues:
Up Up Y down down X

kid

sick Fulani man

only Yoruba muslims hate nnamdi kanu but youruba Christians are in total support of nnamdi kanu

Racoon:
https://www.pmnewsnigeria.com/2020/05/03/coronavirus-nigeria-overtakes-ghana-now-leads-in-west-africa/amp/?utm_source=&utm_medium=twitter&__twitter_impression=true

The zoo is finished

GBOKASINCHA:
see this old 40 year old man with bald head like a bald eagle engaging in tribalism with small small undergraduates on nairaland ... your mates and people who you senior like tonyebarcanista modath gbawe et all have left you why you continue your stupidity on nairaland spits

you know that loser? he's jobless always snitching around on igbo thread I double dare him to show his worth ,I don't mean online ooo but on real life stuff .. the guy makes me want to puke

omenka:
Dear vicious Iboe gazillionaire girl, go find an Emeka to mingle with.

Billionaires who sold their souls for 4 literes of kerosene. Pathetic things.

rubbish talk fim again

MinorityOpinion:
This is so silly. Read my signature. I'm not one of your dick measuring opponents.

#minorityOpinion

are u Yoruba Christian or Yoruba muslim?

omenka:
Kanu called you Pigs and Idiots. Take your grieving hearts to him.

Internet billionaires. I'm very sure all Pigs are Billionaires.

I dare you omenka you worth less than 2 million I dare you

MinorityOpinion:
This is what the minority think of ibos

They are self centered, full of hatred and propagandist.

Yoruba Muslim are u oyo Yoruba or Ogun Yoruba

PVision2020:
The thing pain this one...Why not channel your grievance to your lord and savior Late Nnamdi Kanu who named you Pigs and Idiots

I think your summation is not up to 390k pls I need buzz off

helinues:
How can someone be talking to himself @ 50 years +?

Hope everything still dey alright with Kanu sha

are u missing something? I thought he is dead

omenka:
People salivate over ipod because when you think about ipod what comes to your mind is a nicely prepared boar barbecue just like those above. Get that into whatever it is you apply to your hooves when stringing words together.

It will take a miracle of evolution unlike anything Darwin ever envisaged for Pigs to bear any semblance to humans. Pigs will remain pigs.

the way you reason you are not worth more than 2 million ,I dare you to make yourself public anywhere u are I will honour it...you can't stand an average igbo man omenka I challenge you myself ...you have the guts to call people pigs

Miracle1991:
we are happy to accommodate and feed you. But the day we will change for you, those 3000000 bastard that died in in 1967 will be a child play.

lol Yoruba and changing it for igbo mtcheeew I will rather take a snail serious than a Yoruba man's threat

dailynaijamode:
The national leader of the All Progressives Congress (APC), Bola Tinubu, is of the opinion that if the COVID-19 crisis is to have any positive economic aspect, then it should be that Nigeria used this moment to drive down interest rates.

Chief Tinubu in a lengthy communique on Sunday, advised the Federal Government avail tax reliefs that would aid financial institutions in the country to reduce their interest rates.

In his statement, the elder statesman noted that by doing this, the government will saving the nation from a monumental drag on national economic growth.

According to him, lower rates will increase domestic investment and production, as well as create jobs.

While noting that lower rates may have some negative short-term impact on inflation and the exchange rate, the former governor of Lagos argued that the economic dislocations caused by the coronavirus will serve to mitigate those temporary negative consequences.
Below is the full statement by Asiwaju Bola Ahmed Tinubu.

THE CASE AGAINST HIGH INTEREST RATES IN TIME OF CONTAGION

THE TIME IS NOW – CORRECT THE INTEREST RATE

The economic fallout from the coronavirus may present the best, most pressing case for revising the CBN’s high interest rate policy. The undue rates penalise domestic investment and consumer borrowing. This reduces both aggregate domestic supply and, to a lesser degree, aggregate domestic demand. The chronic gap between domestic supply and demand has been filled by bloated levels of imports and encouraged an overvalued exchange rate that the high interests have helped produce. In normal times, the high interest rates also attract significant foreign financial speculation, the ever-ominous hot money. While in the short-term, the foreign speculation boosts financial inflows. Over time, as compound interest payments become due on these foreign investments, the nation will lose an ever-increasing amount of money to satisfy foreign debt obligations. In the short run, high rates seem to attract foreign capital and spur the economy while giving it discipline against inflation. In the longer-term, all of this is untrue. High rates give us the worst of both worlds. They stifle domestic investment and incomes while pushing up inflation and exposing an ever-increasing share of our financial system to foreign manipulation and dependence. Put another way, if you take a single picture early in the process, the high interest rate policy looks good at that moment in time. However, if you view the entire movie, you will see an ending that is both painful and unnecessary.

The Central Bank of Nigeria has demonstrated its financial agility by establishing a growing number of special financing programs for various industries and sectors of the economy. While these programs look good at first glance, they also expose important contradictions in the CBN’s position. The special schemes are an implicit admission that normal rates stifle investment borrowing and thus suppress the economy. The extraordinary schemes would not be required if the general interest rate was at a proper level. By establishing the special programs, the CBN attempts the impossible. On one hand it defends the general rate as prudent. On the other, it proliferates special exceptions in order to spur investment borrowing that the general rate has heretofore stifled.

This complex CBN rear-guard action does not serve the greater purpose. It merely prolongs the inevitable: We must retreat from high interest rates if we want investment borrowing to attain levels that actually increase private-sector growth and job creation.

This point bears repetition. If the financial sector functioned properly, servicing the needs of the economy in general, there would be no need to constantly resort to specialised sectoral plans (one for this industry, another for that industry and so on) for concessionary lending below regularly available rates of interest. Each such scheme is evidence that the overall financial system is fragmented in a manner that artificially reduces investment and the positive consequences increased investment has on growth, production and employment. The schemes are akin to a homeowner who, confronted with severe structural damage, commissions a fresh coat of paint to obscure the obvious structural flaws. Just as the homeowner should focus on fixing the core problem to prevent the house from crumbling, the Bank should do the one great thing it can do to free the economy from an unpayable burden. It should reduce interest rates.

The modern global economy is built on credit. Prosperous nations have built success based on the sustained ability to use credit to generate high levels of domestic investment as well as allow for significant consumer financing. Unlike two centuries ago, most business investment is not derived from the self-generated funds of the businessman or investor. Investment comes mainly from bank loans. However, the current rate of interest in Nigeria prohibits most normal business investment. Thus, the productive sector stagnates as innovation and creative endeavour are discouraged. Employment and aggregate demand are dragged down. The economy becomes a slave to a negative, impoverishing dynamic.

Read Further:

https://dailynaijamode.com/covid-19-reduce-interest-rates-provide-tax-reliefs-tinubu-tells-banks-and-fg/

This frog is over straying it's pond

I hate this gesture why is nnamdi kanu giving Edo people these,I think someone should invite nnamdi kanu to see what Edo people are saying about him on. nairaland

AgroTrade:
What is special about the broadcast that 50 million people would want to tune in.

What information does he want to pass across?

Well, if he has a solution for COVID19, I will be more than happy to tune in. But if all he will do is to castigate PMB, then it's a waste of time

u are not needed

prinsam30:
this is not true oooo seriously

if I are the op don't accept infact deactivate Ur moniker

FeliciaOja:

never you accept any invitation or any mail from ,they are tracking u

Baawaa:
Is this a bad news or good news

helinues

kidap:
NAN report that a senior council member, Kano Emirate Council, Prof. Isa Hashim, has died at the age of 86 years.

Hashim, who is the Jarman Kano, died on Sunday after a brief illness in Kano.

A family member of the deceased, Aliyu Ibrahim, said Hashim’s health condition had deteriorated in recent days.

He added that the remains of Hashim had been buried in accordance with Islamic rites.


Hashim, a professor of Political Science, was a senior lecturer with Bayero University, Kano where he taught for many years before his retirement.

Hashim’s death came barely 24 hours after the death of Emir of Rano, Alhaji Abubakar Tafida.

Tafida and many other prominent sons of the state including academics, industrialists, bankers, activists, journalists, community, and religious leaders lost their lives to strange death in Kano in recent weeks.


Source: https://wotzup.ng/senior-council-member-of-kano-emirate-council-prof-isa-hashim-dies/

again ? what they did to us I'm 1967 is what nature is doing to them

Bluntguy:
Must you insult the president in everything?

which president

Arrewa:
Why showing few beautiful places in upiweka??

Why not show Asaba park?.

Why not show us across eastern Academic??

Why not show us Around Toronto hospital??

Why not show us around GUO, Ifeanyi chukwu and Eze Nwata line??

u don dey find trouble they will soon dig up bad news about north

thablogger:
The president of Uganda, Yoweri Museveni was seen doing morning push ups to keep fit this lockdown period..

Many wondered how many he could do in one go, while others believed it's just for the gram.

SEE FUNNY REACTIONS: http://www.musictori.com/2020/05/uganda-president-seen-doing-morning.html

The uselesd old Fulani man at asorock will break into component parts if him attempts this

point of correction jubril the former is late and buried in an unmarked grave

wizzakosh:
So says an Oponu from the land where road is swallowing cars.

mynd44 take care of this boy ,he is calling a nairalander oponu

mrvitalis:
We won't hear respect your host now ooh

na true oooo Yorubas won't say it but if it's Igbos nawa oooo

any swine can do this and post it , Yorubas can do this especially the second guy that commented .if you want to know the truth tell op to show u were people are collecting the said palliatives after politicians and camera show

for crying out loud this is Nigeria and people have right to move anywhere they like