Astrid4's Posts
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opeldavid:What’s the difference between Peter obi present campaign and buhari 2015 campaign?... ain’t we about to make same mistake we made in the past, cos just like APC 2015 it wasn’t about changing the lives or welfarism of the Nigerian citizen it was about the so called change of government, there was no framework to change the so called bad situation of the county it was all about kicking out the failure of the Goodluck Jonathan regime... the whole PO thing is giving another buhari vibe. |
fredoooooo:Peter crouch kinda player...but more technical and stronger on the ball |
Skimpledawg:Malick and Thiago almada over them all |
ogaemma:Souuu what are you trying to say boko haram and other bandit don’t use civilian as human shield too we have had scenarios of community working closely with bandits hiding in the homes, giving them intelligence report, in an emptive to strike, you believe i won’t air strike them with the so called civilians, in that same Afghanistan we have had issues of targeting error and technical difficulties, don’t forget 2001 was a period when United state was starting their drone programs, there were issues of their drones dropping bombs before reaching target as a result of their drones hitting mountains and also harsh weather like dust storms make them drop bombs on civilians and residential, so harsh weather often take the drone off-course. All the modern warfare comes with collateral damage they’re not 100% perfect, civilian dying as a result of air strike are close to normal, especially people living close, sometimes doesn’t have to do with the pilot or even the aircraft itself technical difficulties, intelligence mistakes, human shield are common mistakes that can occur, that’s why the Nigeria army most times warn people close to these bandit forest to leave, some remain to stay there, we’ve had scenarios where armies have to warn civilians to leave this area around forest and bushes. |
ogaemma:USA With their trained pilot and F bombers do you know how many Afghan women and children they hit during their various attack? |
Arostar2023:If someone from my ethnic commit an atrocity, my ethnic group should try as much as possible to distance itself from this atrocity A popular example was Celestine Ukwu, a popular Igbo musician, who released a song titled "Ewu Ne Ba Akwa" (Goats Are Crying) apparently mocking the late Ahmadu Bello. Even azikwe corroborated this “Some Ibo elements, who were domiciled in Northern Nigeria taunted northerners by defaming their leaders through means of records or songs or pictures. They also published pamphlets and postcards, which displayed a peculiar representation of certain northerners, living or dead, in a manner likely to provoke disaffection”- y’all brought this upon yourself cos as a matter of fact the 1966 coup was not an Igbo coup, it has no ethnic colorization until one of the coup plotter informed the eastern politicians to leave the country, and the further taunting of the northerners, made them lost their mind and saw you as a major enemy, a Yoruba man was part of the coup plotter but was there a pogrom against Yoruba cos Yoruba distanced themselves from this atrocity. |
Arostar2023:Are we going to talk about the pogroms and neglect what led to this pogrom ?! |
onuman:Politics is not a turn by turn thing it’s a quest for power, y’all need to stop this emotive bullshit abegiii |
Gucciboy:Comparing Enzo work rate to jorginho’s is blasphemous |
jattopeter:Does two wrong make it right? |
SuperOnyi:Your assertion that you can’t disassociate Igbo and their so called southern sibling is so wrong, as the Igbo and other southerners most especially those from the south-southerners have distinct historical, cultural and linguistic heritage, in as much it should be noted that they share geographical proximity and some cultural similarities (due to the migration that might have happened between the two groups) but we should realize that their cultural and historical context are differences. Your falses equivalencies of USA/UK to Igbo and other southerners was so wrong too, The USA and the UK share a colonial history, with the UK being the colonial power and the USA gaining independence in 1776. This historical connection has shaped their cultural, linguistic, and political ties. In contrast, the Igbo people and other ethnic groups in the region do not share a similar colonial history or cultural heritage. While they may share geographic proximity and some cultural similarities, their historical and cultural contexts are distinct.You saying you can’t disassociate Igbo from their other southerners is a way of undermining the cultural, historical heritage of other southerners thus my reason for lashing out earlier, I apologize for that tho. |
SuperOnyi:Your IQ is low and this is so disheartening 🤦🏾♂️ |
RussellRutherfo:You’re so stupid, can you have a fake ID in an airport environment?, where they’re other sister agencies present there, if I can get a fake ID then why not a uniform, y’all so Fvckin mentally deranged with your stupid inferior complexity |
RussellRutherfo:Are you dumb, don’t you see his ID? |
ogbonti:NDLEA has the Fvckin right to check your passport, they can check due to the reasons below 1. Interception of illicit drugs NDLEA may check passports to identify and intercept individuals attempting to smuggle illicit drugs into or out of the country. 2. Travel history and patterns By examining your passport, NDLEA may be able to identify suspicious travel patterns, such as frequent travel to countries known for drug trafficking. 3. Verification of identity: NDLEA may check passports to verify the identity of travelers, ensuring that individuals are who they claim to be. The dude is just looking for someone to fight with, if I happened to be an officer at the airport I’ll have the idiot detained |
Please what is the pay for NCSP(Nigeria-China strategic partnership) |
phantom:Please send it when you get it |
YoruBads:Ohhh...do you have it |
🙏 |
Please I need a pdf version of this book |
Rayopost Come on this is just a cheap PR |
diggz:Datro fofana is injured, deivid Washington left the club, so we are left with Nkunku and mheuka(our U-20 striker) and I don’t think that one is a Chelsea standard yet, their team lost 3-1 to man United not quite long we’re really cooked |
Blazetrailer:Let’s do a paragraph by paragraph invalidity test In your first paragraph you asserted that countries practicing floating exchange rate system has its foreign reserves in commercial bank that’s a blatant lie In a floating exchange rate system, the central bank typically holds the majority of the country's foreign exchange reserves, not commercial banks. The central bank uses these reserves to manage the country's monetary policy, maintain financial stability, and intervene in the foreign exchange market if necessary. Commercial banks, on the other hand, hold foreign exchange deposits and engage in foreign exchange transactions, but they do not typically hold the majority of the country's foreign exchange reserves. I hope I clarify the differences now You further asserted that no fully floated system sells forex to black market, yeah you absolutely right Infact BOE, US feds none engage in this act, the fact CBN sells forex to black market negates the fully floated exchange rate system, you’re right that why I said earlier I quote “but I’m not so stupid to believe our fate is been decided by market forces alone that why I brought the concept of managed floating system which is a normal global economic standard where govt once in a while intervene in this exchange rate” this is where I postulated that nigeria is practicing a managed floating exchange rate system and I feel this is largely due to the fact that we’re oil dependent and external shock or global change in oil prices can have direct impact on our economic in order to buffer this effect we run a managed floated exchange rate where we have govt intervention not only using monetary policy tools but by selling forex to Black market I never asserted that nigeria exchange rate is fully floated but managed floated as a result of these interventions Now to the unification of the exchange rate Unifying exchange rates means having only one exchange rate for a country's currency. Now it is thereby instructive for you to note that in as much as unification of an exchange rate can potentially eliminate the parallel market but it is not guarantee. There will still be prevalence of parallel market/black market rate like I point earlier I quote due to some reasons “... but black market will continue to strive due to reasons like demand and supply imbalance, restrictions and regulations, speculation and arbitrage,lack of access to official channels” now let’s me break it down Demand and supply imbalances Imagine a store selling dollars. If there aren't enough dollars (supply) to meet demand, people might turn to the black market. Unifying the exchange rate won't fix this imbalance. Restrictions and Regulations Suppose the government restricts who can buy dollars or sets limits on how much can be bought. This can drive people to the black market, where they can buy dollars without restrictions. Speculation and Arbitrage* Traders might exploit price differences between the official and black markets. For example, if the official rate is 1 USD = 500 Naira, but the black market rate is 1 USD = 600 Naira, traders might buy dollars at the official rate and sell them on the black market for a profit Lack of Access to Official Channels If people can't access official foreign exchange channels (e.g., banks), they might turn to the black market. Unifying the exchange rate won't help if people can't access the official market. Funny how how many Nigeria go to bank for forex nah BDC all of us dey go cos of easy accessibility In conclusion Unifying an exchange rate is not a magic solution to eliminate the black market. The underlying issues driving the black market must be addressed to reduce its prevalence. |
Blazetrailer:Most of nairaland folks are ignorant when it comes to issues on macroeconomic but let me school you Nigeria has been practicing a floating exchange rate system since July 2023 this made naira drop at first to 750 but as time goes due to the higher demand for dollar it made it 1400 here we are at 1580, this is demand and supply pushing your exchange rate had it been we’re practicing a fixed exchange rate there would have several govt intervention such as what osinbajo did to manage our currency some years back but this Tinubu administration has sit back and let the market forces decide our fate, but I’m not so stupid to believe our fate is been decided by market forces alone that why I brought the concept of managed floating system which is a normal global economic standard where govt once in a while intervene in this exchange rate and it’s not a bad thing cos for a oil dependent country like a Nigeria practicing a floating system is going to cause a lot of economic instability for us, cos crisis in the gulf or Change in global oil practices can affect our exchange that’s where govt sometimes comes in to buffer these effect now sentimentally I believe Nigeria is practicing a managed float system. The difference between the managed float system and fixed exchanges rate system is that unlike the fixed the price of a currency is not been pegged at a particular where govt now pours a lot of money to keep this price at this rate but rather the managed float system only govt to intervene once in a while during global crisis or external shock Government unifying an exchange rate doesn’t mean there won’t be black market but it will reduce the prevalence of black market, but black market will continue to strive due to reasons like demand and supply imbalance, restrictions and regulations, speculation and arbitrage,lack of access to official channels I don’t want to break this down one by one but unifying exchange is not to eliminate the activity of black market as they would continue to strive regardless but it is meant improve market driven exchange rate, increase transparency and access and also ensure strict effective regulations and enforcement e.g the DSS clampdown on this BDCs Russia, India, Brazil also have black market just like Nigeria but it should noted that in all these countries their activities are been regulated |
Kobojunkie:Nobody is helping you to see the rubbish you’re seeing there are three major way exchange rate is been controlled we have fixed system, this is when govt intervene in the market to keep the currency pegged at a certain amount, we have the floating system which Nigeria is currently practicing, this expose the market rate to market forces I.e supply and demand, this often makes the currency so volatile due to external shock or global issues especially in a complex and multifaceted global system where there are tons of activities going on in milli seconds, it makes it worst for a oil-dependent country like nigeria where a change in global oil prices can affect our currency ASAP and there’s no monetary policy introduced by Cardozo can save us from this economic woes that’s why sometimes most govt that practice this floating system sometimes used the managed floating system where the govt intervene once in a blue moon in order to buffer against external shocks or global issues. These are global economic standards The issue of depleting foreign reserves you raised has nothing to do with exchange rate, its most largely attributed to meeting international payment obligations/debt service and also managing economic shock e.g the present tariff raised by the USA It is instructive for you to know that presently all forex window are collapsed to be one since, as both the parallel market and the black market rate are also the same all thanks to the clampdown on BDCs and aboki, the currency is now getting stable, dollar/NGN is now at 1600 for more 3 weeks now The breaking below the 1600 is a result of the effective monetary policy by the CBN for all BDC to give a daily account of their transaction with this you’re preventing the unnecessary proliferation of dollars by some individuals. |
Sonofgod1990:Fraudster |
I’m not suprised tho, neither should the world bank be, by the floating of naira by this present administration we should know our doom was imminent, for a currency so weak, with little/no demand to be determined by the market forces we shouldn’t expect less. To expose the naira to market forces like the oil prices (our major export) which on a global scale has been experiencing downturn, and the fact that our local industry are so non-existent or ineffective, with has led to reduction in our global demand for nigeria goods, we’re basically a consumptive nation not a productive one as we rely on import rather than export which is obvious in our trade surplus over the past few years, with this factors and economic indicative stated our naira’s doom is imminent. |
NinjaMetahuman:But una dey disrespect La liga ohhh SMH |
astonished:In as much this ain’t the Nigeria we want, i would still point out the obvious, secession has to follow a due process, you see in a state setting sovereignty is so paramount and very essential to a state, no state has the right to meddle into another state internal affairs, UK can’t secede Yoruba nation from nigeria it’s impossible, so igboho move is tactless and useless, Igboho should have requested for a referendum from the Nigerian government same way Scotland did in their secession quest from this same UK in 2014, Catalonia did the same in the secession quest from Spain in 2017, referendum is the logical/legal way of pursuing a secession not going to another country to submit a secession petition that’s so unreasonable, in a Situation where referendum is not granted you can unilaterally secede just like northern Cyprus did in 1983, but does igboho have international backing they did with turkey I doubt, secession process is so complex multi faceted it’s more than this tomfoolery they’re doing. Thanks |
Omodua:Thank you sir 🙂💔 |
It’s just obvious igboho and his cohort are just catching cruise, if not for inferior complexity what did they expect the UK govt to do, to compel the federal government to secede them from Nigeria? Nah this ain’t done that way. There are different ways a country can seceded 1 consensual secession ( this is a mutual agreement between the country and the seceded one) 2 unilateral secession (one sided decision) 3 secession through conflict There’s never been in history of any country that have successfully seceded by mere submission of a secession petition that’s the highest stage foolery, secession that is not done through conflict or war outbreaks like the Bangladesh-Pakistan in 1971 is done by referendum like Norway Sweden in 1905. If truly they want secession just like the Uk govt has rightly said they should approach their home country for it maybe they could grant them referendum for that. UK has no power to secede a country from another that’s the height of ignorance I see Sunday’s move as clownish and lack substance |

. His name was Onyema and all of his kids answered Igbo names. We Northerners didn't care that he said he was different from an Igbo person, we still saw him as one even though we nodded when he'd explain that he wasn't Igbo.
Come on this is just a cheap PR