₦airaland Forum

The major problem I see here is NNPCL & petroleum Ministry.

Tinubu is just too wicked on Nigerians.

Dangote have a huge slice of the problem too.

smokinloud:
You nor understand the logic, US can't be dominant in every area unless they will lose it all so they allow China to have upper hands in the manufacturing industry with a bait, they need the dollars to sell their products to the world. The more China sells junk into the USA and their allies the more they need the dollars the more USA stay relevant. US go just talk say e wan sell bonds give China receipt then after a few years US go print dollars to buy the bonds back. Meaning USA needs to produce more dollars for China to chop. China nor send Una papa (sorry, not being disrespectful. Just slang) China just gather countries for BRICS to make more money to fend for its large population wey dey in extreme poverty. China is not competing to overtake US as the world super power for now, the journey go take 100 years.

You really need to take time, and perhaps stop talking, and do a deep search on these development.

You cant really comprehend the intricacies. That previous stereotype of China, is no longer the case. Things have changed.

Until you calm down and check for data properly, you wont discern the trend.

Take care.

I am tired of replying you. . Coz are honestly, you are far from current global evolvement.

smokinloud:
America is not borrowing money from China, China buys US bonds to stay relevant in the US.

China doesn't support research work like the any Western country, even Israel spend on R& than China.

China EV is inferior to EV from Western countries.

You know you are just lying and that China can't compete with USA in anything on a fair ground. That's why China bans many Western inventories in its territory.

Source: https://www.investopedia.com/articles/investing/080615/china-owns-us-debt-how-much.asp.

Yes, they used the money to buy American treasury securities so as to peg Yuan to the dollar and reduce cost of their exports.

Take time and google d rest of my points.

Wake up. America is still the most advanced and world's leading economy. But it's very obvious the Chinko boys are just few hinches behind them in many indices. . And except the dynamics change, there will be sharp shift in power in next few months / years.

Take care.

Krismas:
The BRICS economy is already bigger than G-7
And balance of trade between America and China is been 1:3 in favor of China for years.
China has already overtaken America as world leading economy on several chart and India is fast gaining on America. Wakeup from ur dreams

Leave the funny dude.

They just come to chat mediums and write stuffs based on bias, whereas, they refuse to go to YouTube, google and search for raw data on the evolving subject matter.

They think we hate USA, whereas, reality is falling before our faces.

Currently America is owing China abt $800 billion plus.

China has more money to fund research currently, and they are doing so heavily in all key industries. Research is the key to competitive edge in any space.

China's BYD EVs are already doing better in sales and quality than Tesla.

They are already very close to US in Ai and space entry and putting in even more monies.

The issue is once China finish a research work and enter an industry occupied by the West, they will take over the market share due to equally advanced knowledge, and cheaper pricing.

Ttalk:
Nothing will happen to your dorm account if it is credited through transfer, it is only when physical dollar cash is deposited into the account after 9 month that it becomes a crime.

The policy doesn't stops you from earning dollar but your earning must be done through banking system for proper monitoring.

So, are they planning to stop BDC business? BDC mallam's dont often do FX transfers. The cost is always too much.

What is wrong with this people?

Ritchiee:
If Russia and USA are left to take on themselves without NATO,then USA is a goner.USA always hides behind and under NATO.
Russians are ruthless fighting machines.

Not correct.

America is still more advanced.

USA budget / spending $876 billion, Russia is at $86 billion.

USA has 2.2 million personnel while Russia have 3.1million military personnel.

USA 13,209 military aircraft, while Russia have 4,225 aircrafts.

USA is ranked No. 1, while Russia is No. 2, China stands closely at No. 3.

America is still the Global Powerhouse.

Krismas:
Issue is, who is the person drawing this comparison? Very wack. You people should be deceiving yourselfs

Please, be doing your researches on abstract and global issues brother. Not on stereotypes or sentiments.

Just type the subject you need on google search, and you will find many seasoned analysis and reports.

FYI, source therein is: https://www.codigo.co/blog/most-technologically-advanced-country.

smokinloud:
iOS and Mac are backing the dollar even when most of it is produced in China. That's why China would always support the US in printing more dollars. China gains from US wealth and would always support the US so it could make more wealth from the US. It's very obvious that the United States had left the manufacturing industry for China and focused on Technology industry.

China is already few inches behind them even in tech advancement.

Check the global tech ranking of the World below as at 2024:

Speeding1:
The earlier Africa realises that Russia and China are seeking their own interests, the better for them. The same US and West we accuse of our under developments are the same that gave rise to the development of China, Indonesia and other countries of the world. Africa must decide what is best for her. Our leaders must break clean from the shackles of corruption, greed and cowardice. We must imitate the UAE and Asia and develop what best works for us.

My brother, truth is, all African nations are currently looking up to China for hope and next direction.

China is flying coz their economy is export oriented, hence they have balance of trade surplus, and can lend out.

Like you rightly said, we must undermine corruption to attain UAE standard, but we are not yet ready.

Bwanasaraw:
Good decision from Brazil.

China has it's own imperialist tendencies therefore any nation doing business with them must be smart.

You are completely correct.

However, as "ethical" as the West can be, I have discovered that their presence in most nations esp. Africa, Asia & South America is geared towards sucking their mineral resources.

Just be careful with treaties with all nations.

NOETHNICITY:
IMF please you guys should know that these policies aren’t going well for us as a nation

The first thing nations of the world must do for the advancement of their respective economies is to kill the dollar.

Why the hell should a nation’s prosperity be tied to the currency of another country?
This why the US continues to be the richest country ever.
All it has to always do is simply print more money.

If the IMF wants to be helpful to developing countries, it should devise programs that would help to see an end to the use of the dollar as a global currency.

That is impossible. IMF is a tool of the USA.

It is powerful trading countries that can decide if they want to continue engaging USD or not.

I mean powerful players in the oil, gas, technology and mineral exportation like Saudi Arabia, Germany, Russia, Japan, China, Iran, Canada, India, Venezuela, even Nigeria etc.

The BRICS new currency move is going to weaken dollar grip the world.

Nigeria's naira to crude deal (as the 6th largest exporter of crude oil globally) is an initiative that other countries have already started considering.

Germany last week sent a correspondence to BRICS for partnership consideration..

China, India & Russia are the new emerging force in world trade. China alone occupies almost 40% of global exports. India has little infrastructure problems, but are already waking up.

I love the USA, but I have to say the truth.

Do your research.

Who cares about your stand?

The plan of the West is neo-colonize Africa and partly Asia. Dropping their standard of living and entrench wide poverty.

They use $ (as global transaction currency) to tie countries down, and sanction if they move against their will.

America / West engages African mineral resources, but how much are they giving back?

But their plans have backfired.

They have lost huge businesses in these countries to china.

While america was busy borrowing monies to fund global proxy wars, china was extending their research, infrastructure works within Africa and beyond at very cheap rate.

There are many terminals where you can import things from China to Africa completely free, where the west continue is give complicated conditions.

If you buy an item from Amazon or ebay, the shipping cost in most cases is almost higher the cost of the item. . So what's the essence?

Huawei gives equal or better quality that Ericson or Alcatel etc.

Even Chinese Electric cars doing far better in sales than Tesla currently.

China is investing heavily in tech research work while america was busy finding ways to stop or kill china like they did with Russia. But it's already too late.

EmperorCaesar:


Understanding financial management will make you sustain wealth for years. It will guide you to build wealth securely, not just invest aimlessly.


Extravagant spendings and living a lavish life is the reason why most of them return to trenches

Karma doesnt exist, and life doesnt know the diff between legal and illegal wealth, so there's nothing like "suffering the consequences of their actions" in this case


Say No to Yahoo but, Financial Management is key.

Lol.

What a man sows, he reaps.

He may not reap it in the immediate, but it is passed on the his offspring.

I have some professors my family, yet I don't view education / knowledge as wide enough. It is becoz I have seen raw things.

Life is deep.

WeddingParol:
A lot of women still contest why God ordered women to submit to men... the truth is that most women don't have the mental capacity to plan and manage real life situations effectively. The depth of some of their thinking is below one inch.

The west has however compensated them by making them a spoilt brat and placed values on them above children and men.

Imagine women holding world positions currently held by men?

America is about to be used as a litmus test of what women can do with power. Though her back bones are still meeeen

You are 100% correct. Kudos.

Bobby4090:
Oyedepo, by the time you sacked Abioye and turned the church to a family business, God then left you exposed to your enemies. You'll be hearing this kind of news more frequently. The prayers used of Abioye God used to answer to cover you is now gone. Sorry.

Lol. . Is Abioye the man by the gates of heaven?

I am not an Oyedepo fan, but what you wrote there is not valid. Hmm, it is well.

OChimex:
Crap. Everybody is giving opportunity to show they need to be starting. It's not automatic. Neto worked his way through, now he is considered regular started. Felix is an idiot. If he is frustrated, let him show it on the pitch and regain that premier league starter. Same as nkunku.

As far as the coach is concerned, Felix is contending against cole palmer. . You know what that means. . And the coach does not want to use him as a winger. .

That's the challenge.

Great100000:
Mumu average Coach.

Playing players out of their position.

You have Chillwell available and you are playing Disasi as right back.

You loan Chalobar and left Disasi and Badiashile.

Felix playing rubbish and you refuse to sub him.

Mumu useless average Coach.

I don't know what he has not been using Chilwell. . A very quality player.

Jao felix has been playing well. . But he is getting frustrated coz the coach has been ignoring him. . He was our best player last season while on loan. . Fine player.

Dangote talks much recently for a man of his stature. He is Nigeria's flagship business man, so he has lot to protect.

He will keep having issues with regulatory bodies and govt.

Look, similar thing happened to Jack Ma (China's richest billionaire), he was blasting govt policies up and down. . He ran away from public scene for almost 2 years now (exile). . CCP want after him. . Fined him several $billions on Alibaba and some of his companies.

I know he has invested $billions and the shake from NNPCL is much. He should do his biddings silently.

They are all the same thing. All trying to outsmart each other.

haybhi1:
This woman has the backing of too many celebs

You mean high profile Illuminati and LGBTQ vessels?

Sure, they fight collectively.

Heffalump:
Internationally, crude oil and its products are traded in dollars.

Yes & No.

An exporter and importer can actually decide to create an agreement to receive his payments in it's domiciled currency or any other particular currency apart from USD. Just like what Nigeria started few days ago.

BRICS just created it trading currency. . We have Euro currency etc.

Truth is; when Tinubu speaks on this issue, it contradicts what Dangote had said. .

When Dangote speaks, it contradicts what Tinubu and oil marketers had said. .

When oil marketers spokesperson speaks, it contradicts what Dangote, Tinubu and NNPCL had said. .

When NNPCL speaks, it always contradict what Dangote and oil marketers had said. .

So, they are all dribbling to the left and right. . You can't hold any of their words.

The more you try to look, the less you see.

Chameleons!

Non-align policy enables them to buy enough time to strategically weigh their options before engaging any further country for economic or strong political partnerships.

I think it's a wise one.

Currently, China & Russia are becoming strategically powerful and all western nations are in economic crises and inflation. India is also gaining momentum. . The shift is obviously in favour of the BRICS. . That's the truth.

Continuous alignment to USA and it's puppets at this point is risky due to obvious power shift that is taking place with in technology, gas, energy, space, and military.

CorrectionFLuid:
You are an idiot.

I guess they just thought you about the use of that word.

Trojan8:
You are old but still a fool. Nowhere in your analysis did you call out a man that threatened to wipe another from the face of the earth or slap another.

A f***king hypocrite that's what you are. You would be treated like a dog that you are and people would say that you were wrong.

Calling someone a fool shows how very shallow and foolish you are. . Yes, he overreacted, but I tried to make the public see the abnormalities of the driver too.

Don't pour your frustration on me, go and meet your govt.

The legislature (a more elderly man & ur customer) said, bring my paid items for me form the vehicle, and the driver said just pay me my money, because I deserve it.

Very rude boy. His gesture and voice tune shows it all. He even put on a camera to capture. . So does he intend to cash-out from public sympathy via social media?

Terrible ,rigid, and poor customer service skill from that bolt employee.

That's it.

Your customer (a more elderly person) is saying bring my paid items from the vehicle for me.

You as a stone-hearted employee is saying just pay me my money. .

Such irritating disrespect from that young man.

Customer/s pays your bills, you treat them with respect regardless of their status.

If he knew he was only a taxi driver, and can't bend delivery procedures, he should not have taken the order.

I work as an employee & and I have a business, so I can analyse this case from both sides.

That boy is rude. His voice tune is even annoying. Very rude!

He even turned on a camera. . For social media escalation.

Faithfulness99:
Guy blaming the driver to bring it down.In the USA a Uber driver doesn't lift a pin for you.They only do it if the wish.The member can even tell the driver jokingly you want send your senior.Guy bring that thing down.

Bro, this context is Nigerian, not USA.

Your customer pays your bills and deserves every respect, politeness and courtesy.

Let's forget the senator tag thing, the man therein is an elder to him (d driver). So, if he asked that you should bring down his goods, what's the big deal?

The boy was rude, and difficult. That's it.

I have an e-commerce business. One of the reasons it's still profitable despite Nigerian economic issues is our customer service culture.

There are few times I don't use despatch officers, but I deliver items myself to customers. I always get my monies. . Infact 50% of most cases, customer end up paying me extra fee (voluntarily) due to their satisfaction and interactive pleasure.

Customer satisfaction is king. Customer expection must be your focus if you want to be distinct in your space.

I have received several insults, but I end up receiving my monies, and often a laughter usually ends it between us.

In Nigeria, we value respect. Our culture is different from USA's. . If I were that Bolt driver, I would have been paid (no big deal just bring out the items as requested), and the big man would have willingly paid me Xtra for being humble, respectful and ultimately, receiving a quality product from me.

For me,

The young man was rude.

I slightly support the legislator.

I can relate to the situation.

nairalanda1:
So that means your mother and sisters and aunts have demons inside them.

It would be nice for you to inform them about how demon pissed they all are..maybe they can arrange for Deliverance.


( Be careful what you say, young Padawan)

Hmm. . He also have reasons for his view thou.

Where is the levitation?

She is creating a drama in there. . The demons in her are still fully intact. .

Okay. . . People have packaged their cars at home and opt for trecking and public transport. .

The current economy is too unprofitable for everyone. . thanks to bad decisions of leadership.