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Beanhead's Posts

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CelebritiesDavido Cursed Back At The Twitter User Who Said He Was In The Leaked Video by Beanhead(op): 5:33pm On Apr 12, 2016
This is what happened. A sekx tape involving one of Davido’s South African Ex, Faith Nketsi aka Queen Twerk was leaked and many presumed Davido was the one in the tape. But it wasn’t Davido!!! It’s her current boyfriend.
Davido cursed back at the twitter user who said he was the one in the video. He also called the ex a hoe!

Science/TechnologyRe: Unbelievable!!! Rare Two-headed Snake by Beanhead(m): 5:11pm On Apr 12, 2016
hadonbelivit
PetsRe: End Time!!! The New ‘human-dog’, A Cross Breeding Between Humans & Dogs (see Pho by Beanhead(m): 5:09pm On Apr 12, 2016
nothing we won't see o. who's in to blame buhari??
BusinessRe: Nigeria agrees currency swap with China to shore up naira, help fund deficit by Beanhead(m): 5:07pm On Apr 12, 2016
Fulani herdsman leading eagles
CelebritiesRe: Rita Dominic Flaunts Her New Weight Loss Out Look At Vanguard by Beanhead(m): 5:05pm On Apr 12, 2016
Disappointed
RomanceRe: HIV sym by Beanhead(m): 5:02pm On Apr 12, 2016
Adaure4ever:
Dumb question, how can a guy be crushing on his fellow guy?
Ife anya anyi na ekili nkita na thread a di egwu.
lols. na now I dey read am well sef.

OP might be gay
PoliticsRe: We'll Correct Past Errors - Buhari Says At China-nigeria Forum (pics) by Beanhead(m): 4:51pm On Apr 12, 2016
bu the demon
RomanceRe: HIV sym by Beanhead(m): 4:48pm On Apr 12, 2016
you go see real shakara
PoliticsRe: PHOTOS: The Senate's Plenary Session Today by Beanhead(m): 4:44pm On Apr 12, 2016
I now hate seeing politicians
EducationRe: Military Beats Students Inside Uniport by Beanhead(m): 3:33pm On Apr 12, 2016
KOMBE:
Students should leave the school premises and stop creating problem for the government and society. The riot was as a result of students desire to take examinations without paying school fees. This is not obtainable anywhere in the world as education is never free.
That's not true. not all of them were able to raise the amount for the school fees because it has been increased and if they don't take the exam it will warrant carry over.
Assuming you are one of them will you be happy with that?
Satellite TV TechnologyRe: Solutions To The Problem Of All IKS Dongle Receivers QSAT, AONE ,TLINK ETC by Beanhead(m): 10:54am On Apr 12, 2016
hugman:
DO THIS WHEN SOME CHANNELS NOT VISIBLE ON YOUR UR IKS RECEIVER AND SIGNAL QUALITY IS ZERO IN SOME CHANNELS

Delete All Channels And Blind Scan
please how do I delete a channel
RomanceRe: All Ladies Must End Up In The Kitchen by Beanhead(m): 4:49am On Apr 12, 2016
mtcheww
PoliticsHilarious Comments On Nl As At 29 May 2015 by Beanhead(op): 10:01pm On Apr 11, 2016
Can you remember how excited you were when PMB assumed office?

PMB my best president

CelebritiesRe: Singer Flavour Shares Unclad Photo by Beanhead(m): 8:39pm On Apr 11, 2016
nothing fame won't lead to. he might not be fully unclad though
BusinessRe: The Dollar Vs Naira, Can This Be Done? by Beanhead(m): 12:01pm On Apr 08, 2016
Xonology:
forget that, all those things up there are mere rhetorics.. Go to ministry of finance and see a heap of wonderful master plans that we've been preparing for the last 30+ years, and you ask yourself, why is none of this master plan working? The answer is that it's been implemented on a faulty foundation and until we address that, nothing is ever gonna work.
That's not good oo but I just pray all this will make Nigeria a great country someday
BusinessRe: The Dollar Vs Naira, Can This Be Done? by Beanhead(m): 5:27pm On Apr 07, 2016
989900:
As annoyingly repetitive as it may seem, we can't get out of this quagmire without addressing the below 'causes' -- even if we devalue the Naira to N1,000 to a Dollar!

1. Check excess liquidity and currency racketeering/fraud (see Henry Boyo's explanation. . . I have posted many stuffs about it previously), while promulgating industry revolutionizing monetary policies.

2. Amend our laws to draw in investors (use propaganda if need be).

3. Amend power generation and transmission laws to attract investors in that sector . . . do everything possible on earth and beyond to achieve at the least, 15 hours stable power supply averagely (this would catalyze industrial revolution, while reducing demand for refined pet. products).

4. Refineries -- we need all four gov't refineries, and tens of modular ones running since last decade -- until we stop the importation of refined petroleum products that eats up, up to 30-40% of our Forex, we are going no where!
We were bringing in hundreds of millions of dollars in the early 90s from refined products exports, right now, we should have colonized West Africa with NNPC products everywhere (refined products have no OPEC cap)!

5. Encourage exports, and local content.

Re: Senator Bruce: As much as I admire his vigor and enthusiasm about the whole 'buyNaija' awareness, it's just a fraction in the scheme of things!

While importing palm oil from the same Malaysia we introduced palm oil to, importing eggs from South Africa we fought and paid to liberate, importing rice from a politically unstable Thailand, or toothpicks from hell are all 'weirdos', they account for far less than what
importation of refined petroleum products cost us; then we have the importation of aircrafts and parts and servicing which costs us hundreds of millions of dollars annually -- but Bruce believes it's about our average $20-$50 shoes or bags, $100 phones, or what-not (roughly 10-20 percent of our forex demand), or about our cheap $5,000 cars which by the way generates income for customs when they 'land', while gov't and it's officials are actually the ones bringing the forex gulping machines (probably without paying custom duties).
NBS just released a report indicating between January 2010 - September 2015, we spent over N20 trillion (roughly $130 BILLION . . . 2014 dollar) on just importation of PMS, AGO, and DPK alone!
Same refined products we mine from our backyards, same refined products we were net exporters of (raking in millions of dollars from), 25 years ago! If this is not madness, what is?


Re: Ifeanyi Ubah: Though he is yet to disclose his so called "secret" or magic wand (but I guess it is: probably supporting the country's fuel import-consumption . . . probably for some while).

My own idea of bringing the dollar exchange rate to below N200 in say 3 months would be namely:

Stop the importation of refined products now and find alternative to how we survive without it -- it gulps 40% of our forex!

Crazy, right? However, we probably can (everyone's contribution and criticism would be helpful here), if the gov't is serious about it, and if it can carry the people along especially with the budding awareness of the demise of our economy.


1. Get the NNPC, special task forces, Armed forces, and the people on board as regards protecting the pipelines.

2. Get NNPC to make sure the refineries do not slouch again, rather, increasing in production.

3. Get the few trains we have working, and create an awareness on conserving fuel.

4. Provide very affordable mass transit buses, while encouraging car owners to shed usage, or re-introduce something similar to our old 'odd number/even number system' for cars that should have access to the road on particular days.

5. Provide gas, give free/cheap cylinders to boot if necessary.

6. Power: without fairly stable power supply it will be a difficult one. Fairly stable power reduces the need for PMS and AGO, reduces importation of generators and alternative power equipment.

7. Checkmate cross-border fuel smuggling.

8. Modular refineries: they can be imported and made operational in months.

9. Sell off some portion of gov't assets to foreign investors. #ppp

Additionals:

10. Encourage Nigerians overseas to invest back home.

11. Recover all debts, 'stolens', and 'accruables'.

12. Reduce gov't recurrent expenditure and buying local for all gov't purposes if available -- starting with them senator's cars, and presidential budget and travels.

13. Consider changing currency colors.

14. Agric exports.





If we can do all the above (sounds crazy though . . . desperate situation calls for desperate measures), our refined fuel consumption rate should drop to 'near' what NNPC can support, or at worst, greatly reduce importation of refined fuel by more than 60%. Then we "buynaija"; the Naira will firm up, and the CBN can probably tweak the exchange rate to gain say N2-N4/$, which will indicate a direction of positive purpose, causing the BM, hoarders, and racketeers to panic-sell their dollars, while the CBN tries its best to enforce and enhance/support a strict range for bank rates.

Devaluation in our case', is a symptomatic approach to a systematic malady: underlying causes won't be cured!
It's like taking paracetamol as a curative for stage 4 cancer -- it 'probably' might make your pain dissipate (very likely it won't), but just for a very little while.


*Everyone's contribution and criticism would be helpful here.
Thank you very much. you're supposed to be the Minister of economics. serio
PoliticsRe: Caption This Photos Of Obasanjo And Patience Jonathan by Beanhead(m): 5:07pm On Apr 07, 2016
Obasanjo is one of the cutest president.

Like if you disagree
Christianity EtcRe: This Tree Refused To Be Cut Down In Agbor Delta State by Beanhead(m): 5:06pm On Apr 07, 2016
are you serious?
CrimeRe: Angry Ibeshe Community Beats Power Holding Company Officials Blue Black by Beanhead(m): 5:02pm On Apr 07, 2016
pics or... you know the rest.

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