₦airaland Forum

exynos:
So after receiving brown envelopes, they resorted to calling it off? I spit on the bald heads of these good for nothing NLC/TUC officials.

Those idiots sold out since the visited that rock, this one is because of the black eye they gave that short frame.

Tax tax and tax

Edo women sabi take care of man but dikwa ya!!

No go stress nwanyi nmadu biko

The real orthodox jews are our offsprings and not the zionic demons.

The economy is so messed up that you wont feel the impact of the strike.

Amigoss:
Clash of egos,stupid folks...This is not even about the citizens

That is my annoyance, the short frame could have declare this during the hasty subsidy removal but he choose to dine with them but the beating did reset his brain.

jmoore:
They have 24/7 electricity everywhere in their country. Unlike your country ran by criminal leaders that is generating 5,000 megawatts for 180 million people.

Very wicked n hopeless leaders.
They are not even ashamed to attend meetings with their fellow leaders that are running their countries efficiently

E concern them, oyibos are also corrupt but they care about their race survival, na only africa dey kill their own.

Nwa nmiri di sharp!!

ecolime:
Congratulations Helen🎉

The look in her picture pose looks scary though.

She's probably eccentric.

For sure, if you know you know!!!

[i][/i]

JOemmy:
I totally agree this strike is what he ought to have ordered months ago immediately tinibu announced the removal of fuel subsidy without providing any palliative on ground for nigerians the strike now looks like it's all because of the personal well being of one man NLC is shuttling down the whole country.

Yes but the beating suffice for us now.

For your mind they mind their business when i cant cook ordinary stockfish without my door bell ringing.

Ajaero beating was very divine and i dont pity his sorry ass, that nigga abandon the masses when everyone was ready to fight,he went to abuja with his short frame n came out talking gibberish but the beating did reset his brain.

From outside govt, they look smart but all is dumb ekukes with no package. Even college of Education SUG can do better.

Sunkyboie:
Just because of one Man! That eat and dine with them

I feel people are not striking based on the beating the unfortunate guy collect which i tagged divine beating!!!

Most people are responding based on the situation of the country,e reach both rich n poor excluding thieficians.

A child that wants to run without even crawling.

Obi no go measure dick with kanu.

While baba still dey town!!! No fear at all

When you hear igr in Lagos you will be hoping that it is one innovative idea is reeling in the money but alas it is over taxation which is not sustainable in the long run.

kettykin:
I gave this projection some time around September that the inflation rate of 30% and one ignorant fellow was busy dragging me in this forum.


I hate to say this but south east states should have buffers and very scalable options because the inflation rate will get to 50% before December.

The inflation rate is being driven by ineptitude, cluelessness, ignorance, docility and gross laxity on the ruling APC . There is no Economist in the government, from the president to minister of finance to CBN governor,non is a first class world class Economist .

Bookmark this post

Honestly any honest trader can run this economy eficiently, forget about big grammars and jargons.
It is about supply and demand. Nigerian politicians are wicked beings that don't care about their populace hence their wicked policies. They are wasting dollars buying toys for themselves while asking the populace to bear the brunt of fuel subsidy removal

Kpmg and their fake prediction. Inflation will be 30 percent and you still expect the economy to grow at the same time. No be juju be that.

The subsidy removal at this point is one of the worst decision of this govt so far.

Mr ibu carry his movie lifestyle enter real life.

Splashme:
See the airport runway ... meanwhile, that thief in Aso Rock is budgeting over #100b in exotic cars, feeding, yatch and renovation of official residences.

The thing shock me.

Oyibo is never tired of using and dumping african black ass!! From trans antlantic slave trade and now japa fever.

MissLeslie:
I hope muri win, Dino can go and hug transformer .

I swear that arrogant looter.

If they can do it for pen robbers why not for burna that has made is proud outside naija.

Svoboda:
Really?

Yes, the real eze aro has been installed

Go back and delete this nonsense.
He was rejected!!!

The problem we are dealing with predates this present administration, my only problem with them is the fire brigade/cosmetic surgery approach and i feel most of the appointees are round pegs in a square hole.

1. They should find a way to harness the money that people living in the diaspora are remitting. That's a whole lot of money to cushion this liquidity brunch.

2. Encourage local production by giving out grands,subsidizing and giving single Digit loans.

3. Politicians should be discouraged from whatever they are during with dollar,those guys literally transact in dollar currently.
4. Crypto should be legalized, believe me we move bricks in the crypto world. We can use that to out advantage. A case where binance can peg naira to some coins.
5. They should expediate effort in revamping the power sector either by subsidizing or encouraging captive power generation because without this there will be no local production so we wont be discussing the issue of exporting.
6. Our security infrastructure is a mess. The current defence guy seems to be clueless.

BitterTruth01:
I was scrolling through nairaland and came accross the topic on forex regulations. See the original thread below

https://www.nairaland.com/7888581/fg-outlaws-black-market-forex

There were a number of good points especially this one

13. Expand the official foreign exchange market to incorporate BDCs, forex apps and retail fx dealers, and outlaw transactions in the black market.

I liked this one above because the past administration was doing the opposite. They were attacking BDCs and apps like abokifx as if they were the root cause of the problems were facing . Clearly they didn’t understand that businesses like these help to deepen the economy and all that was needed was proper regulation and enforcement to avoid abuses and ensure consumer protection.

But I noticed some comments like this:



I feel a need to point out the appalling ignorance in the thought process that enabled this person post this just because there were a number of likes to the comment.

Yea the FG reserves the right and indeed has a duty to protect the naira. But that is done by fortifying the foundation of the economy and boosting local production. If we cannot consume everything we produce , then we export the rest . The more we export , the higher the demand for the naira as foreign buyers will need either need to buy naira to pay our exporters or they’ll pay in FX which will result in a higher supply of FX and the price will inevitably fall.

But how do you start producing more than we consume ? Go back to your Business Studies is JSS3 and look at the factors of production.. Then add other factors such as power and insecurity and it’s not hard to see why we keep importing.
We have indigenous car manufacturers in this country , but what did our senate do ? They went to spend $160m of borrowed funds to purchase foreign-made cars . That money will end up abroad in the bank accounts of foreign manufacturers . Now tell me , are these senators not enemies of the country ? Why is the executive allowing this

But who is being attacked : An international businessman like me who gets paid in dollars and keeps the Fx in a Nigerian bank account for when I need to use . Or a grandmother in Nigeria who receives dollars from her grandson abroad and keeps it in her account for when she needs it . These are the people that are being targeted.

The people receiving FX from abroad are actually helping the country , Cos they’ll eventually sell it and buy naira . And if they choose to not sell it , then so be it. The FG and CBN will be overstepping its bounds if it tries any act of criminality like going after legitimately acquired income sitting in personal bank accounts. Such actions will result in immediate lawsuits. It’s a sign of a failed state akin to the likes of Venezuela , Cuba, North Korea to embark on such draconian steps while protecting the privileged political class.

If you wanna fix the country , fix and stop with the cosmetic solutions. Fix the refineries , fix the power stations , cut down on government spending and corruption, force the states to look inwards so they can reduce dependence on the Father Christmas federal government . Embark on a massive security drive by pushing for community and state policing. Just provide the right environment and you’ll see private citizens becoming more productive.

I don’t expect these points to make sense to everyone, especially those who are either ignorant of international business or those whose logical reasoning have been compromised by political or ethnic-religious affiliations. But I hope some people will understand .

Freestuff is paid to post gibberish here so don't waste your time stelling him or her.

DiscoverID:
The most intolerant people/tribe of all time

Hide your clawed face, Did you not see How the idiot was condemned. Jou think your opinion count