₦airaland Forum

Thalamus:
Just imagine if Ineffective Buffon had continued..... no matter his shortcomings a dead PMB is better than 1 billion living GEJ. If he couldn't manage $100/barrel how would he have managed $30/barrel? one of the best well thought out decision made by Nigerians is sending the clueless bastards away in 2015. it aint no mistake ....even if we ain't there yet.

C'mon Sharap. OLODO!

It wouldn't be this bad if Gej is still there, PDP is a very corrupt party but Buhari is too stubborn and won't listen to anybody reason his ministers are not functioning, they are powerless and not able to make any decision,buhari is controlling everything. I delivered 80 votes for him but I am seriously regretting it now
PDP knows how to steal without causing too much damage

TANKDESTROYER:
it's quiet evident this folks were not prepared to govern.......but a new dawn is not far away....

Very obvious! He couldn't even name ministers for 6 months.Something most president would have done within weeks
Seeing his wife going publicly against him says a lot about him

TANKDESTROYER:
Despite the hardships I see light at the end of the tunnel

I hope so, but this government has been very very bad to be sincere
The only problem I have with them is the exchange rate and their sluggishness
Looking at the record we actually brought this upon ourselves,some people are born with bad luck Buhari always has problem anytime he is in power
We are actually back to 1984

ArabMopol:
one of the reasons I love myself so much... I won't even give u chance to explain ur self before I started piecing your mouth with heavy punches .... diplomat my ass , this is what dullard buhari has reduce us to, when he tag us criminals in foreign country what do you expect

they would kill you and nothing will happen

That is why you need education,this guy forming he has lived abroad all his life doesn't know anything about diplomatic law,those people has the same power with the president they can not be arrested or prosecuted,the right thing to do is to take pictures and send a complaint to their consulate if you ever find yourself in this situation,delaying them will only cause you trouble

gook:
sharap...just got 16k

money is money

Post the screenshot or shatap

@PinkStarsFallIn you are just playing mind games
Deep down you are one of the subscribers of MMM you are just in Panic mode

Nobody can boast of recieving payment,you people should stop decieving yourself

madridguy:
Haters will soon invade this testimony thread to spew their trash as usual. Bad belle everywhere. @ OP, am happy for you.

Long life MMM
High blood pressure for the haters.

He is probably lying he can't get that much at the moment

ikp120:
Na wa o. Someone ask you question and you reply, then e don become trolling? Na wa o. If he doesn't reply, then he doesn't care? You must be living a very cocked up life. Free yourself small and enjoy life with others.

^^^ Lol why you dey argue with OKECHUWU

CuteTj:
@ FerdinandChime1

Let me explain what he meant by the statement of yours I quoted.

You and I both know that Nigeria does not refine the oil we consume but now import all we use despite being an oil producing country. When oil dropped to 50 something dollars, obviously the landing cost and other associated costs of also dropped that was why Jonathan was able to reduce oil price from N97 to N87. When Buhari took over, he increased fuel price to N145 as he removed subsidy as Nigeria was wasting money on a few nigerians at the expense of millions of other Nigerians. Now that Oil price has risen back to 50 something dollars, the landing cost and other associated cost obviously has definitely increased (when converted to Naira).

What Henry is now saying is that since oil price is now 50 something, it is either government reintroduces subsidy because if they don't, petrol price in naira will increase and you and I know that petrol is the major determining factor of prices of other commodities in Nigeria.

What do you think is a major contributing factor of inflation in Nigeria? Petrol because we use petrol to move around, move goods around and also power our generators because of no light.

So as oil prices continue to increase, and we continue to import all our needs and not refine any, the increase will have a negative effect on Nigerians as the cost burden will be passed on to Nigerians since there is no more subsidy.

I believe with my explanation, you should understand what he's saying.

You are both wrong! the landing cost has nothing to do with price of oil! swap deal does not change either price increase or decrease.The problem here is the exchange rate.NAIRA/$ exchange is the major problem if you ask oil marketers
We are not buying refined oil anymore we are swapping it
When GEJ was there it was selling and buying back but that is not the case at the moment

Beremx:
pictures of his birth certificate or.....

I don't think he is up to 122year the picture of the 116years old woman is a good example
A 122years old man wouldnt be able to seat like that
His legs are even fresh

fuckfuckman:
xvideos.com

You haven't hit the like botton

Eastactivist:
That's not the issue am pointing out.
Or are you saying we should blame the recession, spiral inflation and weaken currency because of low oil price?
Think again.

Yes low oil price caused our misfortune.OUR PROBLEM STATED THE DAY GEJ STOPPED BANKS FROM PAYING WESTERN UNION AND MONEYGRAM OUT IN DOLLAR due to low foreign exchange caused by low crude oil price,we are not even alone,All the oil producing countries are seriously affected,
This man is just clueless.I have never heard of higher oil price having negative effect on oil producing country since i was born

Eastactivist:
Why should ignorant folks be granted interviews by some foolish medias.
This man vituperations is reeked with sheer ignorance.
So many flaws.

He is probably reading his own book from the back he forgot we were very okay when oil was 120$ per barrel

She is probably trying to blackmail him,she look so classless

Championlaw200:
Nonsense!!!!!!! Kilowakanmi

everybody has his/her own selling point,you could flaunt your dick as well in see through boxer

Is he a gigolo or what? I'm not understanding this ladies

dammytosh:
When you are done deceiving yourself.

So the e-Money can be cashed without people paying in money ?

Mr. Coward proof

This OP is a complete idiot,he successfull display stupidity,immaturity and ignorance in just few sentences
This screenshot further shows how much guilders are milking from this system,if you dont know,that is the amount of money people must pay him not the money he has in his bank account
You should show us his PH if you want us to know how much he is helping MMM system

dainformant:
thats nice. hope they come back in one piece

You are heartless

julioralph:
I am more concerned about the innocent citizens. see how they are all fleeing the country..

even if ecowas decides to use force, there will always be soldiers loyal to Jammeh to the end. 2ndly his despotic friends abroad will certainly give him more arms to fight. you know what that means...

we don't need this in W/Africa again.

Most of the generals will defect immediately ecowas troop enters Gambia.Most of them don't actually like Jammeh but they are worried about the outcome of the whole situation
It must be ecowas flight if you want it to avoid civil war because it's certain Jammeh has his own supporters as well so it must not be Borrow vs Jammeh
About the innocent citizens,they have no choice! some of them we pay with their lives and that is why the wise ones are leaving

obailala:
But isnt it clear already that the pegging isn't working?.. The greed of Nigerians would still not allow the pegging to work, people with links to CBN are presently making millions and billions daily from round tripping. I know of a friend who is a low level staff at CBn who made N5m in a week from just 1 round-tripping deal; if this could be made with the press of a button by a junior worker, I cant imagine what commercial bank directors and CBN big boys are making. This is what you get when the official rate is 305 and it sells 497 in the 'true' market.

I personally feel there's a limit to which the greed of BDCs can drive the Naira value if floated, but this greed is limitless when these same guys are given the freedom to round-trip. Take away the pegs, the Naira would crash further due to activities of dubious bankers and BDCs, but it would eventually balance out somewhere. The numerous values of the currency isn't encouraging investors who would want to come into the country; it's not also encouraging Nigerians in diaspora remitting funds home because no one would want to send dollars home and have it exchanged for N305 when he clearly knows it sells for N497 in the market. Finally the temptation of round-tripping is so strong that even the few manufacturers who get forex allocations end up round-tripping to the detriment of production. The big question is, has the pegging really worked?

At the CBN rate of 305 and black market of 497,Some important sectors of the economy are still enjoying 305 rates e.g the oil importers,manufacturers,airlines and so on,if CBN removes the peg today fuel will increase to over 250 naira per litre,flight will increase and inflation will increase again.I know some people are making lot of money from the exchange rate but its far better than floating the naira in a country where almost everybody want the downfall of Naira compared to egypt where currency floating is presently working as expected
When egypt removed the peg,egyptian dollar increased to 18 per usd but within days it appreciated back to 13 per dollar compared to Nigeria where everything turned upside down within days of currency floating

julioralph:
I don't support Jammeh, but it will be foolish of ecowas to use force

The best option is to use force otherwise other african leaders wont be stepping down when they lose election

obailala:
CBN would resume selling forex to BDCs this week and all these accruals may just disappear. Isn't it time for the CBN to just float the damn currency?

Currency floating can not work in Nigeria we are too greedy
It would have been up to 700 per dollar now if CBN didnt peg it

It's nonsense as long as 1 dollar is still equal to 497 naira and inflation is increasing daily

teemanbastos:
#proudYoruba.
#intellectual nd
#brilliant tribe

!

Very disgusting

comshots:
Nobody.It is not even in the budget.Buhari should provide list of names of the 5k beneficiaries.

Its a very good question everyone must ask irrespective of your party affiliation

People are joining every day so i don't think they will have serious problem paying people
But i seriously doubt they wont fold up again if you take the greediness of guiders into consideration

Goal!!! Sevilla ends Real Madrids unbeating record
40 games unbeating run comes to an end

Ijaya123:
So where did the picture of the white man came from?

They have probably killed him

80million pounds multiply by 597 is equal to what?
Abi what is pounds rate now?
My problem wasnt the penalty it was the open goal miss