₦airaland Forum

oh my precioussssssssssssss!!!!!!!!!!!!!!!!!

FL Gators:
naija men no ugly reach that level for me to date AA abeg
Plenty? rarely, the ones hey are too ugly for my liking

which nonsense be dis, u wan yab us b4? abi which one be 'naija men no ugly reach that level'? so u mean say we wowo abi? ok o, God dey!
I always thot there would be more naija on the east side.
so na kokoye and akata u get for dat side. pele, but dont let that dampen ur enthusiasm!

FL Gators:
For wetin?
so you want me to take AA and oyinbos home abi?

wetin do dem? abi u dey discriminate? broaden ur horizon - variety is the spice of life
and naija suppose plenty for ur side sef.

C2H5OH:
kai i remember when i used to brute crack.  omo i don do some bad things wen i was much yhunga

brute crack is not in my character. e never pain me reach dat kain level.

FL Gators:
rotlmao. no be ur fellow nlers?

fellow nler don do me, i no wan become fellow inmate

FL Gators:
Yes, I'm one of those ladies.

na lie, u just dey do shakara.

Oxone:
brute force fit crack the password o

no be dat one dem dey call rape?
Me I no dey dere o! (but u go gist us later sha)

I believe some ladies do over estimate their appeal to the opposite sex, making them feel every guy that walks up is interested in them beyond what he has expressed.
Call me arrogant, but am damn selective about ladies I step up to. I wouldn't forgive myself if some useless girl ends up turning me down.
Even baba God go question me on judgment day,  say "wetin u too find reach dat side?".

FL Gators:
rotflmao, I said victim not suspect.

No be ur oyan I used my palms to cover?

I agree on the palm sizing. Though, I have big hands and can palm a basketball  

That friendship zone is the recipe for becoming gbewudani aka bobo nice

See the NAC: Nigerian Association of carpenters - 6inch nail chapter

FL Gators:
I see una o, but no be true I talk?

d guy never land, u don comot hammer.
which kain true talk be dat? dat one na carpenter talk!

dayokanu:
Gators tell the truth na about how u blush and giggle

FL Gators:
rotflmao. Sir, I usually giggle 

for where? she be crucifier - she get her hammer and 6 inch nails ready kampe.
Na only God know how many she don wound.

Like most other societal ills (like theft), prostitution has been around from time immemorial, in various forms in several societies.
Women performing sexual favors, in turn for material benefits is not new.
It is not a disease that can or should be cured.
Writer should stop singing like if it was a recent development.

Q:Best Way To Forget About A Girl You Love That Doesnt Care About U
A: Simple, don't remember her

He is free to yarn his opata. Na im get im mouth.

FL Gators:
Like okay, get to the point and let me say NO already.

Ha! Mrs. ISOKUNLE !!!!!   

blacksta:
I feel your pain - for people who only work show up 3 times a week  -

typo corrected 

SapeleGuy:
How do you get rid of them? Is it revolution or evolution?

Neither is a guaranteed success, if the people initiating the change are no different. Animal farm comes to mind.

SapeleGuy:
How do 'we get rid' of them?
As you have stated they don't answer to or reckon with the electorate. Revolution = bloodshed, the current struggle in the Niger Delta tells me this nation is not ready for that, despite the comments of some peppersoup generals.
If you are not advocating a bloody revolution, then the other option is evolution = legislative reform and decentralisation.

We need to stop being accommodating of bad leadership at all levels (not just in the government, but also in other areas like religion, academia, and even in the private sector). Nigerians are guilty of often keeping quiet when the criminal is from their neck of the woods, and only shouting blue murder when the culprit is from another interest group.

Dede1:
You are a living example of the statement you have enlarged. Nairaland has scored another milestone.

It is either you are over forty, or the forty years barrier is over estimated. 
Whichever, anyone who goes about insulting other posters simply for holding a contrary opinion is beyond salvation.

SapeleGuy:
Let us not pretend that the Northern elite were not offended by Soludo's very strong comments. However, you raise a very good question despite the massive investment in the north, it is still getting poorer in all facets of life. Why?
I have always maintained that the economy needs to be diversified and one of the most effective and quickest ways of doing this is by implementing land reform and full resource control.
I believe in the equality, access and entitlement to opportunity for all of our ethnic nationalities not just WAZOBIA.

To think that the northern elites (or any of our leaders) were offended by Soludo's comments, is to give them too much credit. I don't think they care that much about the populace to have quantified their poverty levels. The only thing African leaders quantify is their bank account balance.

The reason why the poverty level in the north is high is because of the corrupt leadership. It is not a case of insufficient funds, but simply that the funds are being embezzled. People talk about the FG, but the level of corruption at the LG is the worst.

Unless we get rid of the corrupt leadership in Nigeria, all other efforts (privatization,  resource control, deregulation, etc) will be tantamount to jogging on the spot.

They are free to ratify the results at a later date, but coupled with the modified open ballot system, an observer can easily see if the publish figures at any ward is in line with actual poll at the center.

mikeansy:
I think you need to check the man's record as far as Soludo and the black market is concerned.

The black market traders form a very hard core of people who want him gone . . . . .I think u need to go and check.

and what has he done specifically to them?
The closest he has come to harming their business is him requiring documentation from bureaux de change, and with 600+ bureaux currently registered, I don't see the problem.

- The margin is still there between the parallel markets
- the banks, BdC and government are still funneling money into the black market
- There is no judiciary effort against the market
- the people are still willing customers

All points to wards business as usual.

In fact as at march 2009, the CBN moved to increase supply into the black market by $200 million dollars, in a bid to narrow the margins between the markets 
http://allafrica.com/stories/200903180003.html

The incumbent government cannot be expected to reform INEC withoput protecting its own interests. Rather we should move the power more towards the people, by making the process more transparent.

I feel the modified open ballot system (that was used under the Babangida regime), is in the right direction. Coupled with a council level (or even ward level) ballot counting and result announcement, it should move gives us a fairer result.

mikeansy:
The greatest problem we face in terms of Forex is the fact that Governors and Corrupt politicians convert illegal money to dollars every month so that they will wire them abroad. With that the demand for dollars becomes so high even though it is not due to a need to do legitimate business.

Soludo's Forex policy includes a Framework that regulates Forex so that those who deal in them can be tracked and u must have to deal in them through legitimate Banks. This would have helped check corruption in our system. Tell me why anybody buying goods from Abroad with their legitimate money or paying for their kids school fees is afraid of approaching the Banks.

Thieving politicians have shaddy deals and prefer the dark world of black market . . . . and this has formed the core of opposition to Soludo's Forex policy.

Well why am I even debating this . . . . . . those who want Soludo out have already gotten their wish otherwise I see no reason why the President will wait until after his tenure expires to renew it. SOludo is gone.
I wish those who wanted him out good luck . . . . . the truth will eventually surface for 'those' who want to see the truth.

I know in the next coming months it will be all sorts of Newspaper report about how corrupt Soludo was as CBN Governor . . . . after that then what? The Lobbyists and Special Interests will move and the CBN will be undermined.

Prior to Soludo, we operated a dutch auction system (DAS) under which the banks had to secure financial commitments from customers before bidding for forex and thus they could only buy forex that their customers had already committed to buying. Under Soludo, the banks are allowed to bid for forex without any prior commitments from customers, and thus a bank could speculate and buy any amount of forex he wanted, irrespective of how low the true demand was, as opposed to the old system under which only the actual demand was fulfilled. Soludo's policy inflated the demand for the limited forex, hereby resulting in a devaluation of the Naira. This has nothing to do with the black market.

The primary reason for the existence of the black market is because the banks cannot (and dont want to) satisfy the forex demands directly. In the past, the CBN has been selling forex to the Black market through the bureau de change, government parastatals and ministries, and the banks themselves. The large disparity between the official rate and the black market rate, has made currency trading an attractive revenue source to a lot of people, including the banks (buy at official rate then sell to the black market with a tidy margin).

None of the CBN governors till date (including Soludo) has made any serious effort at outlawing or killing the black market or cutting off their supply. The best we got was during the tenure of Sanusi, when some bank executive were persecuted for round tripping. If the CBN ws more stringent in its supervisory role, ensuring that forex purchased were used for legitimate purposes and not simply sold into the black market, te black market would have been limited in its sources for forex, and would eventually be limited to the criminal underworld. Every nation has a currency black market, but I doubt others sell it on the street as brazenly as we do in naija. The fact that the new auction system makes it accountability difficult is another reason I did not like Soludo's change of the auction process.

For me, Soludo has done nothing to warrant staying in office. Somebody else should take a crack at it.

SapeleGuy:
Last year Soludo told some courageous and painful home truths. They are merely enacting revenge.

"The Central Bank Governor, Professor Chukuma Soludo has asked federal government to declare the poverty level in the north, a national crisis situation which may stall the realization of the country's goal to achieve the target of one of the fastest developing economies in the world in 2020, This is the time for us to focus our attention on the Northern economy because according to the last census, the North constitutes about 52 percent of the Nigerian population but looking at all the indicators of development, the North seems to be lagging far behind the southern states. As the nation moves together on national development, poverty eradication and achieving its vision 2020 objectives, we must pay attention not to leave a big proportion far behind.

"Poverty is unacceptably high in Nigeria but the alarming and persisting level of poverty in Nigeria is a phenomenon in the North. While Lagos State records the highest poverty level in the South, which is about 60 percent, there is no state with less that 60 percent in the North, while it is as high as 95 percent in some Northern states. In the North, it is lowest in North Central states but records an average of 80 percent in the North West and North East."

So Soludo's tenure expiring is an act of revenge? BTW I thought you said all the oil money was being spent by the northerners?

Sagamite:
Eso, shim rifo alakori e mfagbo. 

ROTFLMAO mfagbo myo keri 

adigun101:
It's because having an undiversified economy, your only source of foreign exchange earnings has taken a serious beating. No one can do much about the value of the Naira in the open market aside artificial interventions or letting loose the foreign reserves.
He's neither your finance minister nor your president. He can do little or nothing about jobs, NEPA and infrastructure. The best he has accomplished is the boost to the economy, the financial sector where he's got control is offering under his care.
Basic Economics is required for threads like this!

and what of the fact that Soludo's policy to move away from the old DAS to the new speculative forex auction market, resulted in an inflated demand for forex and thus an associated decline in the value of the naira?
Nigeria has its forex problems, but Soludo's policies have not helped the value of the Naira.