₦airaland Forum

They just want to steal n steal

Legendry one.
Na only these our guys dey make us proud.
Our leaders are
1. Prostituees
2.armed robbers
3.drug baron

They don take off

Brendaniel:
Media gas lighting na, if they tell you the history of drug carriage and dealings from Lagos alone from the 80's you will see that Igbos might not even near even what this other people are doing...

I know Igbos still have work to do in curbing this illegal drug thing but because personally I don't even want Igbos to be labeled with it...

It's only novice that thinks igbos are the baba they learnt from my people, they where really huge in the business and yea most of them don cashout n turn politicians

004gist:
I dont truly understand u but you should know that Buhari printed so much money and I think tinubu is doing same violating CBN core principles.

They print money n distribute through FAAC.
in 2010 FAAC allocation hardly pass 400 billion but now it's chasing 2 trillion. Has oil revenue increased? Or productivity increases? Answer is no

Abaseke of edo state once questioned this logic

That's the problem because the whole money is in their pocket and not in circulation. They loot those money back

004gist:
Inflation and interest rates have inverse relationship.

High inflation calls for high interest rate to stop money growth

The problem is that it's not induced by high demand of goods or excess liquidity, this is a peculiar issue that should be addressed locally not copying from america, the inflation that america is fighting is a fallout of the excess money they have been printing from convid time used for social programmes and their proxy war in ukraine while ours is as result of the subsidy removal and the naira collapse.

IAmHim1:
Hmmm

This is just the First: to discourage borrowing and reduce the fractional reserve ratio of commercial banks so Opay and GTB doesn't multiply electronic money from customers deposits and loan it back to them again while still charging the same customers interest on loans and hefty collaterals

https://www.nairaland.com/8080394/nigerias-inflation-what-uba-gtbopay



But what happens to the excess money already in circulation, Cardoso?

Remember, the minimum wage has already been increased even though it wasn't adviced

https://www.nairaland.com/8107351/nigerias-govt-alternative-minimum-wage

The excess money in circulation has to be paired with good LOCALLY PRODUCED
IF NOT, THIS ACTION SOLVES NOTHING

https://www.nairaland.com/8101772/nigerias-inflation-introduction-subsidy-old

and yes, a bag of rice can become #15000 or #5000 if and IF the rice is excess and the money in circulation is few.


https://www.nairaland.com/8069458/wealth-series-pt-2-nigeria

Damgte refinery can reduce the price of transportation of food from where it is produced to where's it is eaten and our naira won't be used to chase imported food

people are sabotaging your efforts Cardoso.

Heads up!

Na ur brain u dey see so!

IAmHim1:
Hmmm

This is just the First: to discourage borrowing and reduce the fractional reserve ratio of commercial banks so Opay and GTB doesn't multiply electronic money from customers deposits and loan it back to them again while still charging the same customers interest on loans and hefty collaterals

https://www.nairaland.com/8080394/nigerias-inflation-what-uba-gtbopay



But what happens to the excess money already in circulation, Cardoso?

Remember, the minimum wage has already been increased even though it wasn't adviced

https://www.nairaland.com/8107351/nigerias-govt-alternative-minimum-wage

The excess money in circulation has to be paired with good LOCALLY PRODUCED
IF NOT, THIS ACTION SOLVES NOTHING

https://www.nairaland.com/8101772/nigerias-inflation-introduction-subsidy-old

and yes, a bag of rice can become #15000 or #5000 if and IF the rice is excess and the money in circulation is few.


https://www.nairaland.com/8069458/wealth-series-pt-2-nigeria

Damgte refinery can reduce the price of transportation of food from where it is produced to where's it is eaten and our naira won't be used to chase imported food

people are sabotaging your efforts Cardoso.

Heads up!

You wasted your yrs in school in addition to father's hard earned money.

#There are genuine people that needs loan for their businesses and this will affect that there by leading to more inflation.# Apart from politicians that are stealing,where is the excess liqiduity coming from or are you tagging the free fall of naira as excess liquidity and the last time i checked Nigeria is not running any special social program that is giving out free money.

The New minimuim wage is more of mocking the populace which only benefits a minute few so definetly there wont be any impact on that.

Funkyswagzz:
I pray tinubu don't destroy this country completely

It's on course no need for alarm.

Elsueno:
Don't ya knaw, daats haw we do it in America

I removed the american part at the last minute but iam sure The olodo is copying his moves fŕom powell. I don tire for these baboons.

Raising interest rates as if the high inflation was induced by excess liquidity or free money this goes a long way to show that these Lagos boys are frauds, patch patch CVs with no common sense

They assembled bandits with no integrity to loose a, anymore,you can imagine cos na g boy b4

Zonefree:
Otedola is now Adesina's spokesman.


Otedola should be man enough and speak out. He should stop retweeting and sharing people's post.

Cowards dies many times b4 their actual death.

The division amongst southerners is worst than the over all division in the country qnd it started with bateria n his brigades

Considering the fact that bandits n low lifes that can sacrifice their own lineage just to be in power are at the helm of affairs, the protest will not achieve anything unfortunately because they rather watch the country burn down n ebinpiawa deal with their own aged parents than give up their wickedness.

The bateria regime exposed the inherent tribalism from that region and penchant to destroy whatever they can't build. The best from that region is tearing apart what the olodo from kastina coudn't even destroy

Recheck, their crime rate is one of the lowest now because most of those idiots are locked up now hence the high number of prisoners

Oyibo go use their own do fashion parade while pyschos go turn am to everyday fashion. The dna father said something about IQ n race sometimes i want to believe him.

The guy at the helm of affair don't give a damn about you or where you are from so brazen up all you folks.
This is a guy that denied his existence and root, attended a school that was not established at the time and some people voted and defended him. IQ from those region that voted him should be examined

They are seriously starving with 100k a month.

We will vote tinubu come 2027, i want everyone to enjoy the madness. 2027 go loud

Pin pong game!! i love the confusion now, a classical case of between ebinpiawazu and death.

The worst thing about buhari n tinubu is that they don't care if their own mother is going to die as long as they are in aso rock and That's why they where never an option.

Otti should reveal the salaris even if it means retrenching some and liveable wage,governance is mot only constructing roads n he iscan economist to say the list

Streetinvestor2:
why can't dangota just ignore them.He import his crude and make his products for export only.Is it not feasible for his business

Might not be feasible because the main oil mafias are the international guys and they will stop at nothing in frustrating him.

They really take agbado seriously

laivwire:
I hope these T-bills they've been sharing won't become a high risk asset very soon.

Every instrument in Nigeria now is a very high risk endeavour storting from the naira

AdesegunSanni89:
Atleast our land worth $100mil. How much be your own potopoto region? Eleri ibu.

This one go dey sleep undër bridge like hell anus his brother n be claiming lagosian, go back to iragbaji

20 bags for each lga, these idiots from the west again

CorrectionFLuid:
Hahaha you get the game.

Loan -> foreign reserve rise -> dollar fall -> buy dollar ->foreign reserve fall -> dollar rise -> back to node 0

As some people no want get sense. 2 can play!

flokii:
If FG should arrest him.. the same set of Igbo leaders calling for Kanu's release will rise up to demand his unconditional release.
The Igbos are their own biggest problem, they don't know.

Atleast it's on record that non of them supported him, the only reason they are calling for his release is because those idiots called ipob are using him as an excuse to perpetuate their madness