₦airaland Forum

Truth234:
It actually doesn't make sense to maintain current monetary policy rate. One, the CBN monetary policy has started stalling, meaning the pace of improvement of both the Naira and Price (inflation rate) are below intervention rate. Hence, the CBN needs to empower the masses to stimulate the economy by lowering borrowing cost and institute a complementary fiscal stimulus. The ease of doing business being pursued by the FG will amount to nothing without access to cheap capital, rather foreign investors and few others will take advantage of the policy.

Two, the uncertainty in the US have little to nothing to do with the Nigerian economy. In fact, any political conundrum in the US or call for impeachment like Green did last week will favour Nigeria and other OPEC members, this is because it's the Trump proposed tax cut and stance on climate change that shale producers are banking on going forward. Hence, global oil glut that is complicating OPEC policy.

Theresa May will win on June 8, so it has nothing to do with Nigeria. U.K. is already looking to deepen its relationship with Nigeria, but without good monetary and fiscal policy to encourage broad participation of Nigerians. It will mean little to nothing to the entire economy, U.K. won't sit around for Nigeria to get it right.

With the current investors and exporters forex window that seems to be working and oil above $50/barrel, the CBN can lower interest rate to 13 percent and still maintain capital importation. Instead of giving money to few individuals in the fixed income market.

Just because inflation rose above 4 percent in the US in 1974, president Nixon was almost impeached before he resigned. Here we have 17.24 percent and 14 percent interest rate in an emerging market with high unemployment rate and weak earnings. Yet, people think it's right to maintain the ongoing policy. I am tired of Nigerian experts/analysts joh.

Fundamentalist:
Rubbish

between someone that says God is one (i.e Muslim) and someone who says God is three in one (1+1+1=1) (Christians) , i wonder who the PAGAN is if not Christians

I forgot to add what was the name of the church that jesus built ?

AfroSamurai:
Such pettiness! I believe the powers that be in Kano aren't happy just because Sanusi is telling them the truth, which is their religion is outdated and hated.

They should wash their eyes with sand and see the reality on ground. The north is poor! Plain and simple. Any region that allow men marry women indiscriminately and birth babies the way pigs give birth is heading head on for doom.

Let them know this. They can frustrate Emir Sanusi as they wish. But the truth will always be glaring to them, no matter how they want to hide it.

TheVictorious:
Really? In which school did you notice that?

Seun:
what plant is in your first picture?

OAUTemitayo:
If they have mentioned Fulani cattle rearers will you have asked for evidence?

johnreh:
why is the struggle between afonja and yeebos alone? so good thing cannot come from awusa again? smh for the nuts

delishpot:
Proud of you. Many kids today don't care to learn. I was drawn into one unecessary e fight a few days ago too. Kids would never find information and go ahead to research on it. They just i sultan You and are very proud to do so. I am glad you did not bring yourself down like I did mine sad to say.

Sunnycliff:
If only the proceeds of oil can be used to diversify our economy especially into tourism like Dubai, but we will rather use the agriculture cliché, as a waste pipe for siphoning our wealth and the wild goose chase for oil exploration in the arid and dry north!

seguntijan:
Failed promises and "Bloody Wealth" end results
1. Ojukwu started it, his senseless war gulped over 2M Ibos, destroyed businesses and infrastructures, Himself and family have anyways been in the elite class till date.
2. Uwazuruike took over the batton, did his initial gra gra with lots of swags, innocent followers without directions ended their lives for MASSOB, today the struggle is over and his family's wealthy status has been achieved.
3. Kanu seeing all of these as a member floated IPOB with technology, solicited for funds all over the world with a promise to give them Biafra, many youths were brainwashed, lots of bloods were wasted as usual
Today, Kanu has a genuine reason for his contributors, ofcourse 2 years imprisonment by PMB is enough reason for Ibos in diaspora to forfeit their Biafra liberation investments on Kanu, the results are , No Biafra, no IPOB, yes Judaism, Kanu is now popular and would move into the elite class with high profile political back ups. The followers are the ones losing.
4. Tomorrow, Xyz who may be afraid of poverty and seeking for notice would definitely take over from Kanu, the Bible said once false prophets rise up, there must be followers and the circle continues to infinity.
In all of these, the activities of few selfish individuals have brought about political misalignment, hatred, infrastructural decay and economic instability to the people of ndi-ibo.
My people, the game is over, the world itself is looking for synergy in all facets of human lives. The earlier we appreciate our own and love own country the better for us all
# OneNigeria # Wewarnedyou # Truthhurts