₦airaland Forum

Don't think Genevieve and Rita Dominic would stoop this low
That's why there are true stars
Pesin wey no fine go look for other means take seek attention

Lubbish!!!!!!!!

It all began in 1998, when Arunachalam Muruganantham, the son of poor handloom weavers in South India, realised that his wife was using old rags to deal with menstruation because she couldn’t afford sanitary pads. Muruga was shocked. But he also saw a chance to impress her. He decided to produce her sanitary pads himself. At first it seemed a simple task: he bought a roll of cotton wool and cut it into pieces, the same size as the pads sold in the shops, and then wrapped a thin layer of cotton around it. He presented this homemade prototype pad to his wife and asked her to test it. The feedback she gave him was devastating: his pad was useless and she would rather continue using old rags.
300 million women in India without access to safe menstrual hygiene products, 1 in 5 girls in India who drop out of school due to menstruation.
Where did he go wrong? What was the difference between his sanitary pads and those available at the shop? Muruga started experimenting with different materials, but was faced with another problem: he always had to wait a month before his wife could test each new prototype. Muruga needed volunteers and had an idea where he might find them. He askedmedical students at a university close to his village. Some of them actually tested his pads but they were too shy to give him detailed feedback. Left with no alternative, he decided to test the sanitary pads himself. He built a uterus using a rubber bladder, filled it with animal blood and fixed it to his hip. A tube led from the artificial uterus to the sanitary pad in his underpants. By pressing the bladder he simulated the menstrual flow.

Unfortunately he began to smell foul and his clothes were often stained with blood. His neighbours soon noticed this. It was clear to them that Muruga was either ill or perverted. After a while his wife couldn’t stand the constant gossip. She left him and went to live with her mother.

But Muruga didn’t give up. He knew why he was going through all this. During his research he had learned that only ten to twenty percent of all girls and women in India have access to proper menstrual hygiene products. This was no longer just about helping his wife. Muruga was on mission: to produce low-cost sanitary pads for all the girls and women in his country.

It was two years before he finally found the right material and another four years before he developed a way to process it. The result was an easy-to-use machine for producing low-cost sanitary pads.Imported machines cost over US$500,000. Muruga’s machine, by contrast, is priced at US$950. Now women’s groups or schools can buy his machine, produce their own sanitary pads and sell the surplus. In this way, Muruga’s machine has created jobs for women in rural India. He has started a revolution in his own country, selling 1,300 machines to 27 states, and has recently begun exporting them to developing countries all over the world.

Today he is one of India’s most well-known social entrepreneurs and TIME magazine named him one of the 100 most influential people in the world in 2014.

Several corporations have offered to buy his machine, but he has refused, instead preferring to sell to women’s self help groups.


http://interactive.aljazeera.com/aje/shorts/india-menstruation-man/index.html

I can see a wedding finger on her.
Abi the man propose to a married woman or him put am for the wrong finger

See what Owo sanitation is causing oo.
A commercial motorcyclist will pay sanitation fees after paying N50 to agbero for a trip of N100.

Meanwhile IPODs having heaven on earth cos Yorubas and Hausas are fighting, This reminds me of 1999 Shagamu (Hausas vs Yorubas) riot in Kano

If the Father's name is Umar/Shehu/Sani or Abdul***** this trend would have had ethnic coloration by now and some people would have started wailing for division of Niaja.
Wish the boy quick recovery and i pray there wont be aftermath

dfrost:
We are harboring serial killers in our midst honestly. One of these days it's going to explode in our faces. Imagine at such tender age.

What will explode, Is BH, kidnapping, ritualism and armed robbery not here already?

CyberTerrorist:
Nice.. This woman is the real activist not the hypocrites we have around here, people like Oby Ezekwesili and their likes.. Kudos to this woman!

Gush!!!!!!!!!!!!!!!
Wetin carry Oby Ezekwesili join this matter!?
Each of them doing their thing in which ever field of human endeavor that they feel they can add value.
Must you tear down others in issues that does not involve them?
Why not compare this woman with your mother or sisters abi they too are not Nigerians?

Dolphin Estate don turn ghetto?
With 2 bed room flat going for almost 1M naira

I have always known Henry Boyo to be a resound economist
Good analysis

BANKS’ FOREX REPORTING
Obinna Chima
Bank returns on the utilisation of foreign exchange bought by commercial banks from the Central Bank of Nigeria (CBN) last week have shown that Zenith Bank Plc with $23,006,130.65 reported the highest amount of forex purchased for its customers.
The central bank had stated that the publications were meant to improve transparency in the allocation of forex to the banks, adding that it was agreed that banks would be publishing their returns weekly.
Zenith Bank displaced First Bank of Nigeria Limited (FirstBank) with an allocation of $19,592,883.79. FirstBank the week before posted the highest returns on utilisation of forex bought from the CBN.
FirstBank was followed by Stanbic IBTC Limited with $18,233,471.82, while Diamond Bank Plc with $15,014,943 came in fourth.
Standard Chartered Bank, Nigeria, reported returns of $13,822,206 to occupy the fifth position, Access Bank Plc reported returns of $13,811,929.15 to occupy the sixth position, just as Guaranty Trust Bank Plc (GTBank) reported returns of $13,628,377.70 to occupy the seventh place, while Ecobank Nigeria Limited reported returns of $10,014,449.67.
Also, while Citibank reported returns of $8,727,660.51, Sterling Bank Plc published returns of $8,516,484.73, Union Bank of Nigeria Plc — $8,031,320.09, United Bank for Africa (UBA) Plc – $7,808,531.06 and Fidelity Bank – $6,639,431.81.
For the third week in a row since banks started publishing the returns, invisibles such as school fess and business and personal travel allowances, in terms of volumes, accounted for the highest number of forex allocations, while other invisibles such as repatriation of capital, divestment by foreign portfolio investors from the equities and bond markets accounted for a large chunk of forex purchases, in terms of value.
However, top bank officials explained to THISDAY that the returns were not in any way reflective of total demand by the banks on behalf of their customers, saying that what the central bank was trying to address were the backlog of forex demand.
“On average, our returns or allocations are just about 10 per cent of total demand, which means that the CBN is unable to meet forex demand on the official market.
“It is for this reason there is so much pressure on the parallel market, where businesses that are unable to get their forex requirements met through the official window turn to,” a bank CEO explained.
For Zenith Bank, its returns on utilisation of forex bought from the CBN showed that the bank sold $23,006,130.65 it was allocated to 345 customers. Of this, payment for school fees abroad got the highest allocation in terms of volume, but it also sold dollars to some of its corporate customers for visible items such as the importation of raw materials, among others.
With respect to FirstBank, of the 741 customers on its list, only 11 accounted for visible items, while the rest was allotted to tuition fees.
Stanbic IBTC returns, on the other hand, reflected a large number of divestments by foreign portfolio investors comprising Brown Brothers Harriman/Stanbic Nominees, HSBC Funds Services London, JPM (JP Morgan) London, JPM Securities, Northern Trust London, State Street/Stanbic Nominees, Credit Suisse International, and the Bank of New York.
Forty-seven of the bank’s transactions out of 126, were for divestment purposes. Others went to raw materials, machinery importation and other visibles.
In the same vein, Diamond Bank sold forex to 253 customers. Of the total, 174 bought forex for school fees, 25 for PTA, while the rest went to the importation of visible items.
For Standard Chartered Bank Nigeria Limited, of the 251 customers in its returns, the bank sold dollars to 137 to pay school fees. Also, like other banks, it sold dollars for the importation of visible items such as electronic materials, petroleum products and industrial spare parts, among others.
Similarly, Access Bank sold dollars to 187 of its customers, but while 143 of the bank’s customers got forex for PTA and school fees abroad, 47 of them were allocated forex for the importation of visible items.
In contrast, Citibank Nigeria dealt mostly with multinationals. It sold forex to 59 customers including Procter and Gamble Nigeria, Unilever Nigeria, Nestle Nigeria, Emirates Airlines and Friesland Campini (WAMCO).


http://www.thisdaylive.com/index.php/2016/02/29/zenith-bank-takes-lead-in-forex-allocation-from-cbn/

While praying for Allah to forgive the victims, he thanked the team of security experts for their swift response

Which swift response again?

You can only grow your company when you make products for the poor/masses.
Survey proves that product loyalty is high among the poor than the rich
The is how Henry Ford used Model T to grow his company to become the biggest automobile in the US.
Good one to Innoson

Am married to an Esan woman and no. 2 is regular occurrence jor.
Make the spirit go hug transformer for all I care.

OLADD:
Okonjo Iweala would have failed under our new Commander-In- Chief who sees himself as an emperor, a president who doubles as Chief Economist, Attorney General, Auditor General, Chief Justice etc.A leader that claims to be Mr. Know-all.

Better than a leader who knows absolutely nothing..... Not even willing to know what was happening to our treasury when DSK was sharing the dollars

This is why we have to ban commercial buses in Lagos.
Their criminal and unlawful activities are beyond imagination (one chance, ritualism, hit and run, traffic offences, overspending, frequent breakdowns, traffic disruptions etc)
But before then the govt must provide enough BRTs like the London metro, trams, light rails and other efficient and sustainable means of public transportation

Its a pity that many people especially from south think all northerners are Hausas and all northerners are muslims.
Its this kind of mentality by illiterates that cause bad blood amongst us

Because the woman sells palm oil doesn't mean she feeds on palm oil at home. She need to buy rice at the new price, clothing and other imported items with her gains from palm oil to cater for her family.
The increase in the price of rice she would buy before going home must be borne by the buyer of her palm oil.
Its simple economics. The price of currency affects the price of everything.

2rutalk1:
. It is so glaring that you are not in touch with the realities on ground or maybe you lack understanding of the workings of a nation's economy. It is equally obvious that you know little or nothing about economics. If I may take you back to elementary Economics; We have fiscal policy and monetary policy. The Central Bank of Nigeria is in charge of monetary Policies (money supply), while the government - Finance Ministry is in charge of Fiscal policies (e.g taxation and government expenditure). Like I mentioned earlier, what we are suffering today is liquidity freeze, which can be ameliorated through reduction in taxes and increase in government expenditure. This is the responsibility of the government - Finance Ministry. Before you blame Emefiele, just understand that should CBN pump in money into the economy without corresponding increase in output, there will be stagflation. Even the dollar problem is as a result of low productivity leAding to low/no export of goods and services. infact, I have no time to waste for you. Go back to school before you start defending your Madam.

I wonder what kind of economist you claim you are...
You are talking of amelioration of liquidity freeze and you are talking of reduction of taxes in a country with less than 10% of taxable entities, less than 10% of Nigerians and Nigerians firms pay tax so we should reduce it to 2% to improve liquidity?
You claim the government should increase expenditure with oil price below $30 where is the revenue to incur that expenditure?
If we must spend what we don't have that means we would borrow but where do you think we would borrow from? Local or international?
Note that Nigeria has enormous local debt already. out of our 12trillion naira debt portfolio most of it is local and what we need now is inflow of forex and not Naira becasue we have excess Naira chasing few dollars.
The way out of this mess which is contrary to yours is
1) International borrowing: For international creditors to give us Forex we must first stabilize the naira. Can Emefiele do that?
2) Lobby for a reduction in oil output so price can increase a bit. Am sure you are aware that GMB is in middle east to do that whith Russia accepting to compromise on that.
3) FG to sale state assets to foreign investors: we have lots of infrastructure and assets that can earn us forex if sold.
4) Recover looted funds: imagine the so called alleged $6 billion coming back to us. what would have to our reserve?
5) Reduce Forex waste especially for medical bills and foreign scholarships to new students seeking foreign degrees, government travels and banning of importation of items we already have comparative advantages of production.
etc.

Those blocks must be criminals

When the former regime was allegedly sharing envelopes of dollars these CAN pastors never said the government was interfering in religious affairs.

"Displaced People (IDPs) brought from Pulka to Gwoza IDPs Camp in Borno State"

Pulka this town used to have the biggest sorghum farm in the country. the farm runs for kilometers along madagali-maiduguri road and its was a beauty to behold especially when the field becomes ripe for harvest.
Wonder what it looks like now.

No mind that man he doesn't know the difference between Million dollars and billion dollars just as he doesn't phone the difference between Cassava farm and NNPC

You will know if a country is ready for war or not.
See their equipments

You are seeing water and am seeing scars from asteroids in almost all the planetary bodies
May God help us

2rutalk1:
It is so disheartening that a sensitive Ministry like Finance should be mortgaged on the alter of ethnicity/tribalism. Even a first year Economics Student knows quite well that the Madam cannot handle that Ministry considering the economic debacle we are facing today. If not for tribalism, somebody like Charles Soludo who understands the rudiments of expansionary fiscal policies should have been appointed by Buhari to resuscitate this comatous economy, which is dieing of liquidity freeze. Just like John Maynard Keyness, Soludo is one Nigerian Economist alive who can save this country in this period of recession. There is a unique medicine for every ailment.

Blame Emefiele and not Adeosun. Your post shows you lack understanding of what the economy is going through
Mentioning J M Keynes doesn't make u sound like an economist

Most people criticizing Adeosun thinks she is responsible for the Lack of Forex situation in the country...
He job is to source for funds for the president to run the government/budget and ensure monies are not wasted etc
When budget hasn't being passed all we can do is to pay salaries and do some small recurrent expenses.
When the budget is passed we can now start judging her abilities.

$100 Million to fence rail way? haaaaaaaaaaaaa
If one train moving at 150Kmph needs fencing then we need to fence all the express roads in the country too

Basket mouth, the sky is too big for birds to collide..
This is the most boring joke i have heard from you in a ages

China is mama Ngozi who imports cheap raw materials from Africa and exports finished products.. No wonder China is now world 2nd largest economy

lookandlaff:
is that a road or a pavement? if it is a road he should be more concerned about the thickness of the steel reinforcements

Good observation.. I also think it would have been better using concrete interlocking tiles than continuous pour like this.
Anyway both methods are better and cost effective than the asphalt types since most of the coal tars are currently imported

omowolewa:
Where is Saudi?

Saudi Arabia, Qatar and Kuwait have excess surplus over the decades running into trillions of dollars so this temporary glut cant affect them that much.. Aside Kuwait the other gulf countries have diversified economies unlike the Opec fragile 5 (Russia, Nigeria, Algeria, Venezuela etc)

mebad:
What happened to stabilizing price of crude oil as promised

He is jetting out to Egypt, Saudi Arabia and Qatar soon, hoping to negotiate a reduction in production so that prices can go up a bit.
Most oil production companies are operation above cost price and this isn't sustainable