Atlwireles's Posts
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Truckpusher:They were warned, many pretended to be suffering from amnesia. “In the End, we will remember not the words of our enemies, but the silence of our friends.” Dr. Martin Luther King |
MizMyColi: I pick my battles. |
MizMyColi:One of the best post I have read here. You have deconstructed the primitive minds of the Sai chanters. ![]() |
"however said his company gave the advice only after collecting N22.9bn" I"m I reading something wrong here, this company was paid N22.9B for advice? |
NAIJASOM:See eye opening question |
Fourwinds:The old man is addressing his PEOPLE, no world leader can replace them. |
When will Buhari and his sai chanters stop this silly headlines? ![]() |
Activa:"The truth doesn't die but it lives like a poor man" |
Activa:"The truth doesn't die but it lives like a poor man" |
Sirneij:WHY NOT GOOGLE YOURSELF, THEN POST BUHARI CERTIFICATE FOR ALL TO SEE :The price good men pay for indifference to public affairs is to be ruled by evil men. Plato |
72 years old trained carpenter of old, is more qualified than the dullard from duara with a 419 certificate. |
http://www.bloomberg.com/news/articles/2015-08-28/nigeria-mpc-members-slam-central-bank-s-policies-on-the-naira Foreign investors are 'baffled' by the regulator's stance Legality of ban on currency purchases questioned by MPC member Two members of Nigeria’s Monetary Policy Committee criticized the central bank’s attempts to prop up the naira by restricting access to dollars, while others said the regulator should allow a more flexible exchange rate. Chibuike Uche questioned the legality of the Central Bank of Nigeria’s June decision to stop importers of around 40 items, including rice, furniture and toothpicks, accessing official foreign-exchange markets. Doyin Salami said the measure would slow economic growth and that foreign investors were confused by the central bank’s attempts to defend the naira since March. Investors are “baffled by the CBN’s expressed unwillingness to countenance any further currency adjustments and market liberalizations,” Salami, a lecturer at Lagos Business School, said at an MPC meeting attended by all 12 members on July 23 and 24, according to a statement published on the central bank’s website on Friday. “The credibility that CBN has carefully cultivated, if not lost, is most certainly undermined.” The naira plummeted 21 percent to a record low of 206.32 per dollar between the end of June and Feb. 12 as the price of oil, Nigeria’s main export, crashed. Governor Godwin Emefiele reacted by introducing trading curbs and bans on purchases of dollars to stem the rout. The currency has since been mostly flat in the interbank market, averaging 198.94 since the end of February. The controls have left the naira overvalued and out of sync with the currencies of other major commodity exporters, according to bond and stock investors including Ashmore Group Plc and Investec Asset Management. The devaluation of the currency of fellow oil producer Kazakhstan on Aug. 20 increased pressure on Nigeria to weaken the naira, according to Yvonne Mhango, an economist in Johannesburg at Renaissance Capital. ‘Not Convinced’ “The denial of foreign exchange to businesses that engage in legitimate economic activities is confounding,” Uche, a professor of banking and finance at the University of Nigeria, said in his personal statement. “I am not convinced the CBN has the legal powers to deny the allocation of foreign exchange to legitimate businesses.” Deputy Governors Sarah Alade and Joseph Nnanna said the central bank needed to inject more liquidity into the foreign exchange market and allow the currency to trade more freely. Emefiele has repeatedly said the regulator will meet legitimate demand for foreign exchange and that its restrictions are aimed at speculators. “The short-term growth prospect of the Nigerian economy is stronger following our recent strategy of restricting frivolous demand,” he said in his statement. Nigeria’s growth fell to 2.4 percent on an annualized basis in the second quarter, compared with 6.5 percent in the same period of 2014. The central bank’s restrictions probably contributed to the slowdown by making it difficult for manufacturers to buy the imported goods they need to operate, RenCap’s Mhango said in a note on Friday. Calls to the mobile of Ibrahim Mu’azu, a spokesman for the central bank, didn’t connect. He didn’t immediately respond to an e-mail requesting comment. |
blackpanda: You have been had, you are now excused. |
[s] blackpanda:[/s] Lying almajiri answer the fuck1ng question, when are you going to seek repentance? Abagworo answer the fuck1ng question. |
blackpanda:An almajiri talking about someone being jobless .A sai chanting slave like you can remain E-billionaire. My question still stands, when will lying almajiris like you seek repentance? |
blackpanda:You changed moniker so quickly already? Thunder fire your bastardd life there. ![]() |
abagoro:When will a lying pretentious almajiri like you, seek repentance? That's my question to you slob? |
abagoro:So Jonathan closed the courts in Rivers state, when will lying almajiri gworo sellers like you seek repentance? |
Never ever burn down bridges to your own people because of Nigeria. You will only live to regret it. The whole of life is just like watching a film. Only it's as though you always get in ten minutes after the big picture has started, and no-one will tell you the plot, so you have to work it out all yourself from the clues. -TPratchett |
I know you believe you understood what you think I said, but I'm not sure you realise that what you heard is not what I meant. -- S.I. Hayakawa. ![]() |
respect80:Its 2pm on Saturday and I think its too early to be drunk. Read and comprehend next time, before you quote me. |
MadCow1:What was the mission? Set the state on fire? ![]() |
Typical pretenders, You Keyamo, we sabi well, well. Carry on, na you go tire ![]() |
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“I was here in this palace ten days before the demise of kabiyesi and he told me how the Yoruba race is margnalised in the scheme of things. He also told me to ensure that the Yoruba race got its own share of things in the country,” he said. You have to be kidding me, What is OBJ saying? Una neva hala |
So sad, he has become a laughing stock to the same people hailing him yesterday. Such is life. |
Many were over valued in the first case, they will all find buyers at the right price. ![]() |
asha80:Dakuku had zero chance right from day one. Enough of the propaganda. ![]() |
bjdon: I like the last line of your comment, na una dey hail the man yesterday as the lion of Ubima. Today he has turned a Vagabond, abi? People, nobi una fault, nah amaechi i blame. He refused to learn from 55 years of Nigerian history. ![]() |
sale of Omoku 150 MW Gas Turbine , Adam 360 MW Gas Turbine, Trans-Amadi 136 MW Gas Turbine as well as the Eleme 75 MW Gas Turbine. WIKE, YOU BETTER START REVOKING ALL THESE THEFT BY SAHARA ENERGY. IF NECESSARY PROVIDE THEM A REFUND. |
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