₦airaland Forum

obailala:
The 'competent' PhD holder led past admin with a world renown NOI spent $10billion of our foreign reserves to stabilise the naira in their last 6 months but the naira still fell from 160 to 220. The new admin couldnt risk spending a dime to defend the naira cos the reserves had been depleted to dangerously low levels but you expect naira to be 250 because you think the new admin is headed by a demi-god?... clap for yourself.

What do U mean by dangerously low reserve. Check out our history of reserve
http://www.indexmundi.com/facts/nigeria/total-reserves

Real men love just one tin in a lady. That thing is what makes men jump from one lady to another. It is not behaviour or food or beauty, it is the real deal.

Presently, Rice is around #20K whether Foreign or Nigerian.
We have a clown as Preesidant so he does not care about "inflation"

FG should ban Nigerians from using more than one phone. For more solutions to Nigeria recession visit....

Forget Biafra and accept grazing bill. Give my people land in every local government and village in Nigeria, and in 200yrs time we will know who owns Nigeria.

I need good news. Yes I. !!!

lielbree:
Kai this man can lie!

Buhari has spent 70b naira on road, which road??

The reason for this recession is simply the implementation of the TSA!

God will bless U. Government should revert that policy immediately and they will see the change

Stop this evil act of blowing pipelines

Let's be truthful and straightforward about this project called Nigeria. How many times had Nigeria gone into recession, what was the external reserve handed over to the govt b4 recession? , and what was the price of crude?

All blame goes to this govt

The worst form of Violence is poverty inflicted by the government

We know who to blame...

B4 GEJ Nigeria budget had never exceeded 4 trillion. GEJ passed a 2015 budget of #4 trillion, Buhari came and added #2 trillion supplementary budget. 2016 budget also is in the range of 6 trillion, yet I am sure nothing will come out from it. The irony is that if Nigeria fails to provide the 6 trillion, the balance will be borrowed. So who is fooling who?. Who is the thief?

Hope they will do everytin local. I don't support assembling plants

I hope this propaganda is....

Fashola is working for which area. Even my local govt chairman is building road. But East West road that I ply is still very bad, no contractor on site. Fashola promised that in 6 months, he would fix power. My area at Orekpo, Ada George PHC is having 6 hours of light per week.
Life is relative, left to me Fashola is not doing nada.

Mourinho started the match without Martial and Mata. Too bad, I guess that cost him the game. Mourinho always too full of himself

This one is not a good investment. Instead of exporting and earning Nigeria dollars, this investment is to rob us of our hard earn dollars.

I wonder why this liberalisation policy did not get to ports. Importers should be free to import via any port they wish. Other ports are domant, Lagos making huge profit via FG policies. So Lagosians have been stealing billions monthly and short changing Nigeria. There is God

Watching from 3D

USA in 2008 spent approximately $700 billion to reverse her recession. How much can we spend and how?. Even our external reserve is not more than $30 billion.
God will help Nigeria, left 4 m$ I think we need to increase our exports but how?

Blogger

bashydemy:
Did Angola Govt shared the money they made from crude oil when it was sold for $100 per barrel?

Did Angola Govt distribute dollars all over the places like PDP in the pictures below?

Is Angola borrowing to pay salaries as at January 20155?

The answer to all those question is NO cos Angola Govt have saved for rainy days like this, But our Govt under the useless ineffectual baboon wasted all the money that was made when crude oil was $100 with the help of the likes of Alison Maduekwe, Stella Oduah, Fayose, Akpabio, etc.. Now will you ask youself why is Bayelsa cannot pay Salaries for over 6month? because no free money anymore and they have borrow and looted those states dry.

The truth is that Amaechi, Buhari's minister of TP, was the one leading the governor's forum that took the Fed govt up to the Supreme Court. Amaechi govt forum won, Supreme Court declared that the excess should be shared. So if A won't save, while will B save. So the fault is not solely on Amaechi not GEJ

Certainly 9ja will bounce back. But the answer is that it won't be soonest, except God intervenes. Is Angola not oil dependent? Why is Angola kwanza not nose diving like the naira. Its simple, Angola has a President but 9ja has a wicked soul. How could a President tell the world that his con3 is filled with thieves. Why wud a President suspend virtually all programmes of his predecessor, immediately he assumed office, only to go back to them a year later. Why wud a President prefer to import grass rather than food 4 humans. Why wud a President bankrupt banks with TSA at a short notice. The list is endless

Other oil producing nation in Africa like Angola still have their currency striving. PMB has killed 9ja with obnoxious policies

Govt spending millions of dollars yearly on cars. While the common man is blamed for the poor state of the economy, that we shud be eating local rice etc. While Angola currency is still intact, despite crash in oil price. Nigeria's currency is....

ClitRaider:
Nigeria needs NOI & Adesina asap.
Perhaps GEJ too.
APC are bunch of incompetent basterrds.

I concur. Is Angola not in Africa?. They are doing great because of a good leader. It will take Nigeria over 2yrs for our currency to go back to 29th May 2015

porka:
Buhari should just apologize to Nigerians. Nothing seems to be thought-through before he comes up with reversals of past administration's policies only to come back to the same policy when he has severely burnt his hands.

Recall that this particular policy was said to be the one of the most 'corrupt' policy of the past administration. They used the media to tarnish people's image in the most vicious manner. Only to come back to the same 'corruption'.

Guy this govt confuse

Blakjewelry:
That is what they keep saying but they wouldn't let ND region and the oil rest. The last time I checked their is port in rivers and delta why are the ports not working if the FG is sincere. Most of the oil companies are paying huge revenue to the Lagos state government monthly yet some fools will just wake up and talking rubbish

You are right. Lagos is nothing without FG policies. Virtually all oil multinationals have their HQ's dia. All other ports are not functional except Lagos port. Virtually all international flights take off from Lagos. Also FG developed the infrastructure of Lagos when it was Nigeria's capital. Lagos is over-rated.

We are presently in RECESSION. Let's all pray that we shud not reach DEPRESSION. Personally, I have lost millions because of this wicked government. A govt that came up with so much obnoxious policies at the same time

Pavore9:
"There is nothing that is cultivated or produced in the state. All the things we eat like tomato, pepper, cucumber, groundnut and others things are produced in the North. Think of a situation where the northerners decide to stop supplying us with these edibles, what happens?”

Not just tell them to go and farm as he has a responsibility to see that the State Ministry of Agriculture empower Imolites with the knowledge of how to productively grow these crops, make hybrid seeds easily available for people to buy then post handling and value addition.

Farming is good, but should adults be forced to farm. Is that not tantamount to slavery or forced labour. Singapore has no farm, yet they have a better economy than Nigeria. People should do things on their volition. Government should come up with good ideas not telling people to farm. Even early men farmed when there was need for it.

Lagosians eating fat from illegal oil wells. No wonder they have the highest number of millionaires in Nigeria.

When U lied that you are a virgin and a guy marries U. Your first night with him U gonorrhearized him. His face will be like....