₦airaland Forum

even the devil is suprised at the level of lies from this government. Even Buhari will rate himself low in the economy and all areas of governance but zombies will be zombies. Anyway hungerbad, keep posting thrash..

saintmark88:
People want to blow this thing out of proportion, buh d issue is dead on arrival... We're those assets declared in his assets declaration form, if they were, then what's d alarm for....people r just looking for every avenue to discredit this govt... From Amechi to fashola to tinubu to Aisha, now to burutai??.....We r our own problem in this country, pple just want evil to continue.....i dnt expect those who have stolen public money to just sit down n allow d corruption hammer slice them apart, it's expected Tht they would put up a fight.... Most of the wailers r d tools been used by these corrupt elements... Buhari ur doing a good job, set a precedence for all to follow, never again will it just b a free for all

In one breath you are supporting and justifying corruption, in another breathe you are blaming corruption for the eveil in Nigeria? Are you bipoar? Paranoid or just believe once you are in apc you are not corrupt? All the names you mention are Nigerian corrupt lords anyway

chimoskyg:
When you dey busy dey chop our yam that quote no near your mind abi

are you a robot? how is this post related to your yams... APC zombies are turning to something else

989900:
Leave him alone, he is doing what 'wailing zombies' do. #trutotype

maybe one of the zombies can help Buhari to appreciate the economic explanation:

"How much benefit can we derive from this ruthless devaluation of the naira? I'm not an economist neither a businessman - I fail to appreciate what is the economic explanation," said Buhari.

muri4mig:
[s]See all the wailers above me, their mental case has no remedy. He express his opinion. That means floating of FX is entirely CBN idea which currently seems not be working and the bulk of the blame will still be trace to him.

Diversification which PMB so much believe in is the only solution to our current predicament. Before now, we have been using the proceed from the sale of crude oil to patch up the value of naira. With the collapse of the price of oil, we are exposed to the harsh reality of what the real value of Naira is. No more extral $ from crude oil sales to support the naira which make our naira now vulnerable.

Even before GEJ left, the $ at the parallel market was around 216 which will eventually crash further by the day. Not even John maynard Keynes will be able to save the naira. Some of us think that best economist will make a better manager of the economy. I beg to differ in that line of thinking.

It is a only a good and prudence leader with strong political will that can save the economy not the numbers of PHD that u have. Robert Mugabe is one of the most educated president the world has ever seen, but ask me how much does zimbawain $ exchange to US $.
Their is no fast and rule about FX. The only solution to a weakened currency is diversification in order to reduce import bill and increase export to rake in more $. Floating or pegging, our naira will not be make better off without stimulating local production.

In my humble opinion, let support PMB to steer this economy to the promise land rather than criticize him destructively. Whether we like it or not he will still their in the next 3 years.[/s]

Fact is that Buhari is like a blind man leading the blind (zombies).. The same zombies supported Buhari for failing to devalue the naira, the same zombies still supported Buhari for agreeing to devalue (float) the naira.. people like passingshot and tbaba1234 criticized us when we disapproved the floating of the naira... The same zombies are now shifting the blame of devaluing the naira to the CBN? Buhari believes in diversification but is always on the media crying about oil prices and NDA militants? What has he done about diversification? Nothing? The same economic illiterate that doesn't have any economic advisers? Nigeria is progressing to Zimbabwe status with Buhari.

greatiyk4u:
Liberate your self from this chronic hatred for PMB and see that he is actually acting like a true leader and manager

Delegate a job to ur experts and monitor the progress based on the quality-time-cost-sustainability matrix

Delegate indeed.. Why didnt he delegate the job initially to the CBN? wasn't he the one that pegged and is still insisting on pegging the naira at 197 per dollar? And fter the economy suffered greatly from that inane economic policy, he allowed the CBN to wade in, now the same economic dullard wants to monitor the progress based on "quality-time-cost-sustainability matrix" according to you? yeye

prstge007:
look dear friend you cant be a professional in all areas, he has only allowed the expert or better to say the technocrat to take care of it while stating want he want as an end result. as a president the expected change didn't came up and he was worried. Before man and God I may not support some other things he was wrong about but yet being a president does mean he will wear lab coat put on apron and also helmet to operate, cook and engineer the country at the same. the ministers or whosoever is in the realm of affairs will submit a review based on there expertise then he will review to see the functionality of such.

so he expected the end result to be instantaneous? Lmaooo... what an economic illiterate you have just confirmed he is.

lalasticlala, seun

This man is an embarrassment.... Anyway I'm happy Buhari is still committed to his campaign promise of making $1 = N1. Since CBN is not helping matters, I advice Buhari to use the military instead to stabilize the economy.. what an economic illieterate. Although I didnt support the free floating of the naira by CBN but I think Buhari should allow the CBN do it's work, this is purely and economic matter, not political. I wonder how a man that agreed he is an economic illiterate and without any economic advisers will want to direct the forex market.. smh

Nigeria's President Muhammadu Buhari on Monday told a gathering of business leaders that he did not see the benefit of the naira's currency peg against the U.S. dollar being removed.

Nigeria's central bank abandoned the naira's 16-month old exchange rate peg, of 197 naira to a dollar, a week ago in an effort to alleviate the chronic foreign currency shortages that have choked growth in Africa's biggest economy.

The naira ended at 282 to the dollar on Monday but was trading at round 350 on the black market.

"I don't like the returns I get from the CBN (Central Bank of Nigeria)," said Buhari, addressing a group of business leaders that included Africa's richest man, Aliko Dangote, Zenith bank founder Jim Ovia and oil billionaire Femi Otedola.

The 73-year-old former military ruler, addressing the group at his official residence in the capital, Abuja, said the devaluation of the naira in 1985 saw the naira trading at 1.3 to the dollar, whereas "now you need 300 or 350 naira to a dollar".

"How much benefit can we derive from this ruthless devaluation of the naira? I'm not an economist neither a businessman - I fail to appreciate what is the economic explanation," said Buhari.

In a June 3 letter to Buhari, seen by Reuters, the central bank governor said he hoped the naira would eventually trade at around 250 per dollar, a level the president had "approved".

Buhari had consistently said he was opposed to the removal of the currency peg but, in an essay published in the Wall Street Journal earlier this month, appeared to back the adoption of a more flexible foreign exchange policy.

The economy in Nigeria, an OPEC member, has been hit hard by the sharp drop in global oil prices since the country's crude oil sales make up about 90 percent of foreign exchange earnings and 70 percent of government revenues.

Foreign exchange restrictions were imposed by the central bank last year in an attempt to conserve dwindling U.S. dollar reserves.

"What has happen to us now is that we have manoeuvred ourselves into mono-economy which led to the collapse we are seeing now," said Buhari. (Writing by Alexis Akwagyiram)

http://www.reuters.com/article/nigeria-currency-idUSL8N19J5MP

iflywithbuhari:
Do you think you are talking to kids. The dollar should be ramped up to 400naira and palliatives should be given to "Selected Few". Guy, it's people like you, that are leading Nigeria and Buhari to hell.

are you also an economic illiterate like Buhari? palliatives to company's that will boost local production and stabilize the dollar while employing mor Nigerians is what you call palliatives to "selected few?" SMFH

If this is true then, the same rule should be applied to Buhari immediately in the certificate forgery. Ikpeazu will not go down alone

This man is like Buhari's abubaoku in the NASS. smh

midolian:
Ehn! What of Ekweremadu?

@ least one of them should be in Kuje.

Ekweremadu wore this attire to get sympathy from his folks. Would have loved to see the reaction of his pipu if he was sent to Kuje.. to be reporting from there.

Well, one thing is for sure. These men won't be presiding over the Senate till 2019. Quote me anywhere!

It would be easier for Buhari to not lead Nigerians till 2019 than for these two men to not preside over the senate till 2019. Quote me anywhere.. But you and buhari are learners..

That was how they dared us that Buhari will visit ogoni.. well, june 30 is just few days ahead.

Nigerians and their oversabi.. Kyla that made a 45% input in the song is not making noise, it's wizkid that made a 4%.. nawaa oh..

phinter:
BET always using more sentiments that facts. At a time where kendrick Lamar is obviously the best rapper, featuring on several shows performing his untitled, they give best hiphop to Drake. Jeez BET. I guess that's why they are not taken seriously. Straight out of Compton to Beast of no nation? Habba. Taraj P henson best actress? Habba and many more...BET is just too "Black" sorry to say.

kendrick lamar did not release any album in the year under review, untitled is not an album..

southpole:
[s]You must be among the SSCE holders spamming this forum. To put the records straight Dangote is richer than all Nigeria banks put together he sources his loans from global financial institutions not from a rag tag local bank that cannot even pay salaries as and when due. He sourced for about $10 billion loan from gloabally efficient banks when he started building his refinery no local bank could have dream of providing this amount even if all they local banks were put together they couldn't have provided that money. But also know that the day Dangote failed to pay this loan his refinery would be taken over by the appropriate authority it is an economic practice[/s]

I really dont blame you for your ignorance.. The IQ of the average Nigerian (which you belong to) is very low.. Generally classified as third world brain. Thats only why you can come to public space to spew this thrash.. If we investigate now, you are one of the holders of a worthless paper degree from Nigerian university.. Read this and begin to educate yourself asap.. smh

http://venturesafrica.com/dangote-gets-3-3bn-loan-12-banks-build-refinery/

omenka:
****

[s]They said it is land set aside for "Sights and services" scheme and some **** here are talking about grazing. What concerns sights and services with grazing? To make matters even worse, Jonathan initiated that scheme and it covers every state of the federation. Other states are utilising the lands for that purpose (accommodation and recreation) and Anambra state revoked theirs. But since it is coming from the land of the "untouchables" ****the fg should simply fold her hands and watch them do as they please.

Why didn't they object to it when the ineffectual buffoon was mapping out the land for that purpose??

People just keep coming here to show shat ignorant fools they are everyday- simple "sights and services" dem no sabi. Smh.[/s]

because we dont trust the gworo chewing dullard and bigot from daura, especially now that he is looking for free land to give to his fulani herdsmen terrorists for grazing.. deal with it inugo?

wawaboy1:
WETIN CONCERN PMB FOR THE MATTER;
WOULD IT HAVE BEEN BETTER FOR THE BANK TO GO DOWN.

SOME PPLE LIKE TO CRY FOR ANYTHING SHA

why is that all the people being prosecuted by this govt are fierce buhari critics? do you know how much dangote is owning? wawa boy

wastedsperm:
Very transparent government unlike GEJ who looted the country dry

sometimes I wonder if robots are making these posts. Is this the first administration to explain how alocations are distributed?

dondo83:
A renowned senior advocate of Nigeria is dumb? kindly tell us what your dad does for a living please.

This man is more than dumb.. Is it not the same zombie lawyer defending buhari's no certificate? How can anything that comes from this clown be taken seriously?

bender79:
[s]Willie obiano is an over hyped governor..There is a lot of misrepresentation of him on social media/ Newspapwrs...He is living on Peter obi's glory[/s].

did peter obi have any glory.. mention peter obi's glory obiano is living off or learn to keep quiet

rapistomenka:
[s]Willy Obiano is an organ-eating clown and a deranged drunkard.



Come to Aguleri his hometown and see how they are regretting his emergence[/s]

is that you peter obi?

waxxydude:
[s]You're not dumb but i don't find you intelligent either.

Your posts everywhere lack objectivity and reeks of so much bile.

@Tonyebarcanista are there still hope to build a formidable opposition?.
If the warring leaders and 'these' youths can also be objective like this certainly we'd keep this present govt on her toes.

BTW very smart unbiased piece, still looking out for more of you. Thank you[/s]

No apologiwa, if you appreciate my post then there is a problem with me.. I would have become zombified.. Thanks for the compliments

[quote author=Almaiga post=46825486][/quote]ah... the new zombie chorus is e pain am?

Almaiga:
Op, i no tell you? One by one dey don dey come.

I'm not a zombie, I'm not dumb.. you hear?

Stella Oduah is the greatest South East woman ever, in my books (after my mother).. I just love the woman.. bad belle is allowed

Cuche:
There were so many James Ibori that surfaced during the trial of Ex Governor Ibori. One was prepared to go to prison for another till UK came to the rescue, James was untouchable. We have a similar situation at the moment with many Aisha Buhari. Will the US push this Halliburton further

Donald Trump for president... Aisha has been exposed