₦airaland Forum

TonyeBarcanista:
You keep ranting like an epileptic(no offence). What is the relationship between Jonathan and the deed of Buhari? Did Jonathan tell Buhari to restrict dollar circulation and muscle the dollar? If you say the Reserve was depleted(which I agree and still maintain), isn't it appropriate to devalue the currency and free the reserve of stress like CBN did two times between November 2014 and February 2015?

This argument is beyond you sir! This isn't a campaign thread, in all honesty. Go back to your cameraman duties please....

As for zombiesm, zombies are known for one pattern, their "mentors" are always kwarrect, but a rational mind would question his leader's decision when he find something inappropriate. That doesn't make him a flip-flop!


I don tire for you jare...

anonimi:
Why are you spreading rumors and lies?
Or is it that you are simply ignorant?
Have you asked the 36 state governors what they did with their allocations, Excess Crude Account (ECA) plus debts?
No.
Instead you are lamenting like a lamentable Lamenter.
Is that what you are






[img]https://www.nairaland.com/attachments/2578



For the Addis railway:

The construction contract was signed in June 2009 and work began in January 2012, with three years allocated for completion.

More from: http://www.

SegunAdewole:
Egbon aresa, there is no basis for comparism. Our Osun state is not better than the average northern states if not even worse. Raufu Aregbese declared famine in that state. My uncle who is a civil servant in oshogbo have not received his pension for 27 months. He now begs for food at motor parks. Let us say the truth, all eastern states beat down oshogbo on development. #I'mAtruthFullOduduwan

SegunAdewole:
Biafrans all over the world. These Biafrans get organizational skills no be small.

ossy4rill:
I am not seeing people commenting with the kind if hatred and spit fire they were using one year ago when Naira was at 210 - $1 dollar : Jona and Ngozi were in charge. - ETHNIC BIGOTS

Obasanjo at a time sold crude for $17 and we didn't die in NIGERIA even sef many ppl wey no dey follow politics didnt even notice(THATS GOOD GOVERNANCE) yet una no gree say voting in Buhari was a GRAVE mistake as he is not smart enough, he is only strict enough to arrest southerners.

dumodust:
I understand your argument... they should have just devalued than create this ill advised scarcity that zapped the naira. Dollar restriction with no back up or clear economic bail out policy... crazy ineptitude

TonyeBarcanista:
Make una de confuse unasef. Everybody no be zombie on one-way traffic.


Kontinue...

3. PRESIDENT GOODLUCK JONATHAN:
EXTERNAL DEBT
Inherited: $3.94 billion Dollars

As At Now: $9.3 billion Dollars

[url]http://www.dmo.gov.ng/oci/edebtstock/docs/External%20Debt%20Stock%20as%20at%2030th%20June_%202014.pdf[/url]

FOREIGN RESERVE:
Inherited: $47. 7 billion (As At December 31st, 2009)

As At Now: $38.2BILLION http://www.cenbank.org/intops/Reserve.asp
www.nairaland.com/attachments/1842363_2014foreignreserve_jpegb778234d0e84907de925a2b063c2355a


N/B:
Of the $9.3 billion EXTERNAL DEBT, Federal Government’s owes $6.36b, while ALL 36 States plus FCT owes $3.0 billion
As at 2010, Oil Price was at $89 per barrel
As at 2011, It was $103 per barrel
As at Now it is $100 per barrel http://en.wikipedia.org/wiki/World_oil_market_chronology_from_2003
Meaning, Jonathan have access to more more money than Yar Adua, but he depleted the Foreign Reserve and Still Purge Us into Further Debt With NOTHING to show

SmartChoices:
If only the ineffectual Magu will be diligent about his job for once.

Deji Akinwande, a professor at the University of Texas Austin, is one Nigerian scaling hurdles, pushing boundaries and breaking stereotypes. Akinwande has been identified by President Barack Obama, as one of the recipients of “the highest honour bestowed by the US government for science and engineering professionals in the early stages of their independent research careers”. Alongside 104 researchers, he will receive the Presidential Early Career Awards for Scientists and Engineers in Washington DC later in the year.

“These early-career scientists are leading the way in our efforts to confront and understand challenges from climate change to our health and wellness,” Obama said while announcing the winners. “We congratulate these accomplished individuals and encourage them to continue to serve as an example of the incredible promise and ingenuity of the American people.”

WHO IS DEJI AKINWANDE?

Akinwande is an associate professor in electrical and computer engineering and the Jack Kilby/Texas instruments endowed faculty fellow in computer engineering in the Cockrell school of engineering at the university of Texas at Austin.

EDUCATION

Akinwande graduated from Case Western Reserve University, Cleveland, Ohio, bagging a double degree (B.S/M.S) in electrical engineering and applied physics. His master’s research in applied physics pioneered the design and development of near-field microwave probe tips for non-destructive imaging and studies of materials. He had his PhD degree in electrical engineering from Stanford University in 2009, conducting research on the synthesis, device physics, and circuit applications of carbon nanotubes and graphene.

INVENTION According to Akinwande Nano Research Group, the professor is known for his groundbreaking research on nanomaterials, sensors, devices and flexible technology. He is considered one of the top researchers in the world in the areas of graphene, silicon electronics and 2-D nanomaterials for use in flexible electronics. In 2015, Akinwande created the first transistor out of silicene – the world’s thinnest silicon material – and he is continuing to advance the capabilities of computer chips and other electronics. Schematics of Akinwande’s invention He is a co-inventor of a high-frequency chip-to-chip interconnect and an electrically small antenna for bio-electronics.

HONOURS AND AWARDS Prior to his presidential award listing, Akinwande has been known as a man of many caps, working with US department of Defence in taking academic quantum leaps.

He has the following honours and awards to his name: IEEE (Institute of Electrical and Electronics Engineers) Nanotechnology Early Career Award, 2015 Engineering School Nominee for Texas System Regents’ Outstanding Teaching Award, 2015 TI/Jack Kilby Endowed Faculty Fellowship, 2013-present IEEE Senior Member, 2013 IEEE NANO Geim and Novoselov (Inaugural) Graphene Prize 2012 NSF Faculty CAREER Award 2012 DTRA Young Investigator Award 2012 3M Nontenured Faculty Award 2012 Army Research Office Young Investigator Award 2011 Office of Naval Research Grant Award 2010 Stanford Future-Faculty DARE Fellow, 2008-2010 (12 fellows selected out of 110 senior Ph.D Candidates from all the Schools at Stanford University) Ford Foundation Fellow, 2006-2009 (60 fellows out of over 1000 applicants) Alfred P. Sloan Scholar, 2006-2008 (Selected Stanford Ph.D Candidate) “Design Award” for outstanding Low-Noise Amplifier Designs by Prof. Thomas Lee (1 of 3 out of a class of ~150 students at Stanford University.




[img]http://www.nano.mer.utexas.edu/wp-content/uploads/DSC4278-2.jpg[/img]

http://www.thecable.ng/profile-akinwande-nigerian-professor-who-will-receive-americas-highest-research-award

https://southpawgroup.com/iqfoodplatter/wp-content/uploads/2015/03/PhotoGrid_14271005166721.jpg


Lack of market cripples strawberry farming in Jos




[b]A year ago this reporter traced a community where strawberry is grown in commercial quantity. Some readers were surprised to know that the fruit grows here in Nigeria.
One year after, the reporter returned to the community to see what changes have occurred, what new technology has been brought into the farming of the crop; and whether the product’s marketing challenges have been solved.

From Vom in Jos South, driving through the dust-red road, which passes in front of the main gate of the Federal College of Animal Health and Production Technology, one sees open fields of cultivated land and of the recently done harvest .
That journey will take you a few kilometres and then you will start noticing pockets of dry season farmers. With a simple question as to the location of strawberry farmers, you will get direction into the heart of strawberry farms on the outskirts of Chaha village.
Strawberry farming, which until recently, is not a common practice here in Nigeria, is now the most important produce that shapes the economy of the people of Chaha, where almost every adult has a strawberry farm.
The farms are also surrounded by coffee, and avocado farms whose owner, I am told, lives abroad.
Chaha seems to have huge potentials for strawberry, coffee and other fruit trees, as a visit to the community convinces one.
With the cold weather that characterises the highland of Plateau State, the ground favours the production of strawberry, which has now been domesticated in the village since 2001.
The fruit has the potentials to breed new generations of millionaires in Chaha if access to market is broadened, because the farmers are between the ages of 20 to 35.
Gyang Matthew Victor is the Secretary, Chaha Strawberry Farmers Association. He reiterates that a lot of farmers want to expand their farms, but access to markets is the major challenge.
Victor, who has a hectare of the product, harvesting 300kg twice a week, laments that unavailability of storage facilities ,worsens the situation, pointing out that “you cannot keep the fruit for even two days, if you don’t have where to store them.”
The 32-year-old farmer stresses that you have to have somebody who is willing to buy the product before you harvest the fruits from the farm,and “if you don’t harvest, it will spoil.”
“I harvest about 600kg weekly, but I end up selling 400kg because you have to give ‘Jara’(an extra on the quantity bought) to the women buying,” he says.
His counterpart, Haruna Dagwong, a civil servant who started strawberry farming last year, believes the women who hawk the product in the town are the backbone of the farmers.
His reason has been that the women are the only ones who buy this product from them. “If they are not here we can’t sell, and we can’t keep it as well. Where are the cold rooms?” he asks.
The 29 year old government worker said he would have resigned if the market for strawberry is strengthened ,because one can generate huge money if he expands the farm.
Dagwong posits that having cold rooms for storage and linkage to markets, will be the greatest thing to happen to the lives of the farmers who are not only found in Chaha, but also elsewhere on the Plateau.
He opines that all the youth in the area can avoid crimes by farming, if the market for the product is there, adding that if a person buys 5kg, you end up giving him or her 6 or 7kg.
The civil servant produces over 200kg which he said ends up getting money for only 150kg, because according to him “the rest are given as incentive to motivate the buyers.”
For Christopher Elvis Choji, a 21-year-old student of the Federal College of Land Resources Technology, Vom, the future for strawberry farmers is bright if only government provides a cold room facility and links the farmers to markets.
“We don’t just know where else to sell this product ,but we are told that the demand is high in some places in Nigeria. Most of our farmers here have not travelled outside Plateau State,” he noted.
The young farmer emphasizes that he would want to grow the farm he started last year and become self-reliant, rather than move around looking for jobs after graduation, because according to him, government is struggling to pay salaries these days.
Isaac Michael, another young farmer ,shares Christopher Choji’s opinion on rather remaining in the farm than looking for a government job ,if access to markets or a cold room storage facility is made available.
“Even if we have to pay to store our product, it will be a welcome idea. At least we will sell when we want. Now, we can’t because we don’t have these facilities, and no company is here to solve this problem,” Michael worries.
Currently, strawberry is at the peak of production and sells for N700 per kg. During early harvest in December, it sells from N1000 to N1, 500 per kg.
So with this market challenge, how are the women who are merchants, selling this product? I put that question to Mrs. Sarah Ishaya, one of the women selling the crop.
Speaking in Hausa, she tells me: “We buy from the farmers here and sell along the major high ways, particularly at major security check points.[/b]
[b]The 35 year old mother of five says a lot of travelers get surprised when they see them selling the product.
“They often ask us whether it is imported or produced here in Nigeria. When we say it is done here in Jos, they marvel,” Mrs. Ishaya stated.
She makes between N500 to N600 as profit for every kilogramme she buys at N700. The money she says, keeps her relevant to the family.
With huge potentials for money seen everywhere in Chaha-for coffee, strawberry, Avocado and other vegetables, proper intervention by government or a meaningful private initiative, will definitely present a win-win situation for the farmers and the government and/or investors.
But for now, some of the big malls in the country are busy importing the product, while our farmers here don’t have where to sell theirs.
The Plateau State Government can generate millions from the red fruit, if the state could, on behalf of the farmers, link them to markets. It will apparently deal with the volatile situation and reduce the urge to commit crimes by youth in the state.[/b]

http://www.dailytrust.com.ng/news/business/lack-of-market-cripples-strawberry-farming-in-jos/134550.html#xH2kvFV152tI25Ut.99

Progressive01:
Nah, he knew Jo was a bad deal and stated as much about a month to the election before making a volte face. Here's an excerpt from an article he wrote then while comparing external reserves under Obj, Yaradua and Jo:

Lol.

Today, it is a different tone entirely.

Hain. This boy sef.

HiddenShadow:
Buhari is towing that path by not encouraging his fellow northerners to embrace True federalism.
You can't compare FG led privatization and True federalism.
FG can't achieve diversification faster than true federalism where all States are involved

HiddenShadow:
Between FG led privatization and True federalism, which do you think will achieve economic diversification quickly ?
Tell Buhari to convince his fellow Northerners to embrace True federalism.

TonyeBarcanista:
We are talking Economics, you are talking politics. We are talking about the naira, you are campaigning. How does this rant relate with the subject? Quit shouting without communicating. If you can't discuss intellectually like others, just swerve...

TonyeBarcanista:
You are always good at cursing and shouting like an unclad and insane woman in the market.

Buhari was elected to fix and not destroy or cause more harm. He had the option of regulating dollar flow and not stopping the flow completely. He had the option of devaluating the Naira to ease pressure on the reserve while pursuing fiscal policies to encourage local production and reduce import reliance. But he blew all these away and here we are...

$ now goes for N403, and it is even very scarce. Smh!

TonyeBarcanista:
Since late 2015 I deliberately barred myself from making any commentary on the state of the naira in particular, and the economy in general despite watching things move from bad to worse. I had reasoned that it was best to observe things in silence and take note of development. Though my silence was interpreted by some of being sympathetic to President Buhari and a "ploy" to return to APC, I still maintained mute, focusing on other aspect of the economy.

Firstly, Crude Oil Slump Not Responsible For Naira Fall
We are all aware that our own currency, the Naira now trade at N403 to the Dollar($). Contrary to the notion that the fall in oil price is responsible for Naira collapse, the painful truth is that the massive fall of the Naira has nothing to do with oil price. If it was, the Naira would have traded at N20 per $1 when crude oil was selling at $120 per barrel in 2012. If the fall in oil price was the cause, the Naira would have fallen to N500 to the Dollar in December 2008 and February 2009 when oil price slumped to $30 per barrel from $147 that it sold in July 2008(but instead the Naira exchanged at N140-N145 to $1). If the Naira didn't fall so fast when crude oil price slumped in mid 2008, if the Naira didn't experience huge growth when the price of crude was at $120 per barrel in 2012, why then should we ascribe the astronomic fall of the naira to crude oil slump in price?



May God Bless Us All and Bless Nigeria

HungerBAD:
Birds of a feather flock together.

This picture was everything wrong with Nigeria. A big thief decorating a small thief, and with this promotion, became a big thief too and pictures they say don't lie, as all the thieves so far have direct links to Jonathan.

Will not complaining until Goodluck Jonathan and his wife end up in Jail, they are the reason why Nigeria is where it is today Economically. Just imagine this man hiding some Millions of Dollars in the Soakaway of his Toilet? and this is just him, and there are others we don't still know about.

And people are wondering why there are no Dollars in Nigeria.

drss:
dis thread is for those who ar intelligent in judiciary matas, not gworo sellers.

dragonking2:
So buying naija made goods is threatening and destabilizing Nigerian workers from feeding their family? Seriously? How did China become a world power today if they didn't focus on solely their own products?..Please stop being sentimental about this issue, we need to patronize our made in naija goods to improve the economy.

dragonking2:
Let's focus on the message which is buy naija to grow the naira...That is the important message now.

mordsith:
It is no longer news that rampart poverty is afflicting the state of Osun since everyone depends on the government one way or the other.
Oil price has fallen and poverty wears a Yoruba Agbada .



please don't be insulting and address the problem on hand.

anonimi:
Coming from the person who idolizes Tinubu, Fashola, Amosun etc
Na you be grand master of HYPOCRITES, walahi!!!



[img]http://www.freedomafric.com/resources/apc-sycophantic-psy213]

ladyF:
All this witch hunting and nobody has been convicted yet?

How long will this continue?

MadCow1:
Here is the thing.. I absolutely understand how the Students could have gotten lost in the crowd. I really do, it's the war some folks have come at the students that is pissing me off.

And yeah, it's cool that Bruce has reserved copies for the students, that's naturally what he was going to do anyways. No real genius in that P.R move. But what this shows is that Bruce is just like the rest of us. He was in the midst of fellow high flyers and his focus was on them which is normal. If those Students were Senators, I am sure they would have been treated differently.

Some Nairalanders need to stop trivializing the comments and observations made by those students. Bruce set the bar high for others like the presidency and they are only measuring him by the same standards he set for others.

Somebody even likened Bruce to God who can't be questioned..

dragonking2:
Lets start from somewhere, rome was not built in a day