₦airaland Forum

Billyonaire:
This is a welcomed development. It is called Quantitative Easing and will be readjusted in the future. This will jump-start the Economy.

Instead of ignorant people complaining about Fiscal Policies they know nothing about, why not just ask questions ? Or better still, find a product or service to export and earn extra on foreign exchange.

Anyway, I dont blame una, when student protest N60,000 a session school fees, what do we expect ?

If we had encouraged resource control and fiscal federalism, Nigeria would have developed so many export products that situations like this would affect only oil producing states.

States that export non oil products, would still be receiving inflow of dollars

Obiagelli:
Algeria place its budget benchmark at $35 per barrel for several years and was busy saving during the oil boom. Nigeria kept buying jet, i remember our president saying Nigeria Economy is growing because more people buy private jets (stupid comment). We kept host stupid event and celebrating bullshit. Today it has dawned on us.

What is the population of Algeria.

Northerners and their Southern slaves are not wise.

When BH was growing in strength, they called them freedom fighters only for these same people to start weeping when BH started killing them.


If Nigerian military is withdraw, the North will weep.

Hmmmm

Illiteracy na disease


Jewish symbol na two inverted triangles form am. Naira own be like two inverted squares.


Joblessness in spiritual places.

lanrefront1:
Please, soembodu please help me answer this question: I know I'm not an Harvard graduate like Iweala neither I've I worked in the world Bank.

They say they want to cut subsidy into half because of sharp falling in crude oil prices. The fact that crude oil has fallen, does that not automatically reduces the amount of subsidy necessary. Or was not the high price of crude a major cause for the high cost of subsidy.

We call it black magic economics.

egift:
Nigerians are suffering while and his fellow Oil marketers are budgeting a trillion to themselves.

After 16 years of being in Power, PDP could not build a single Refinery. Vote out PDP and stop this Stealing-Is-Not-Corruption administration of Dr. Goodluck Jonathan.

We will vote out PDP when an Ijaw man is made the presidential candidate of APC .

malele:
When oil price was high, fuel priCe was never reduced,now oil price is low they want to increase fuel price.
Am a staunch supporter oF good luck but hE keeps disappointing me

That subsidy will be halved doesn't mean the price should increase or increase sharply.

Except Okonjo is performing black magic , halving subsidy should not lead to price increment or sharp increment.


We must ask Okonjo to tell us how much government pay as subsidy per litre and how much government plans to be paying now per litre

omenka:
Criminals and liars. Okonjo is a disgrace!!

They've been cutting subsidy by half since 1999, when are we gonna exhaust the other half??

Shame on Jonathan.

Stop crying


2015 If we do not see GEJ, you won't see oil let alone subsidy.

Very soon some sections of Nigeria will be protesting like babies and yet boasting that they can survive without SS/SE oil.


No GEJ no oil no subsidy.

AJINATU:
Thief
i never knew Lagos was the capital of biafra.

The itsekiri and ijaws will settle their diaspute and the EPZ will remain in warri.

FOI, anambra has got no oil reserves. The oil wells belong to the Ibaji people of Kogi state

Olodo

The oil field cuts across Anambra Kogi Enugu Edo..
..

Abiolainfo:
TaNoids Bigot get this straightaway

Other offences according are; unconstitutional use of security agencies against perceived opponents, non-implementation of the budget, entrenchment of corruption and defiling of the institution of the legislature among others.
The constitution said only one third of members of the National Assembly can serve the president impeachment motion and they have surpassed that number.

The constitution says the president can be impeached if he is found guilty of gross misconduct and the offences he enumerated constitutes gross misconduct.

No GEJ no oil no Nigeria

arsetalks:
I replied you because I thought you had a brain. I regret replying you now.

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What have I said that is not true.

arsetalks:
Can you not divert from the topic? Also, can you tell us why GEJ hasn't visited chibok?

Tell us why he did not ensure Fayose was prosecuted for beating a judge inside a court?

Can u tell us why he sent police after the lawmakers?

Answers

1) You can't kill him the way you guys killed Ironsi.

2) SW practice a politics of rascality. So why stop you guys.

donphilopus:
@bold, how many oil?! !

IMO Abia Anambra Enugu and Ebonyi I(Shale oil).

arsetalks:
It is a shame that you believe the of a so called transcript.

It is a shame that you expect us to support a man who has unleashed hitherto unimaginable hardship on the the country.

Can you tell us why he placed Shagari under house arrest and locked up Alex in kirikiri



Tell us his yardstick

cosmatika:
Muhammadu Buhari On BBC HardTalk With
Stephen Sackur
SS: Good day Mr. Buhari, welcome to BBC
HardTalk.
MB: Thanks Stephen **smiles**
SS: Now you have declared to contest again, can
we know your agenda Sir?
MB: To grab power from PDP
SS: I mean, your manifesto Sir?
MB: I said to grab power from PDP
SS: Ok, how can you improve the economy?
MB: I will fight corruption
SS: What are your plans for healthcare and
education?
MB: I will stop corruption
SS: What's your plan for housing and urban
development?
MB: I will kill corruption
SS: How can you fix insecurity, especially Boko
Haram?
MB: I will murder corruption
SS: How can you build roads and upgrade
infrastructure?
MB: I will finish corruption
SS: What are your plans for youths empowerment
and agriculture?
MB: I will destroy corruption
SS: Excuse me Sir, why is your agenda centred on
corruption alone?
MB: It’s because the corruption under Goodluck
Jonathan is unprecedented and I'm the only
person that can end it.
SS: Really and you didn't end it during Abacha's
regime when Nigeria was the most corrupt country
in the world in 1997, second most corrupt country
in 1996 and third in 1998 according Transparency
International Report? You quietly served under that
most corrupt government and nobody heard your
voice about corruption.
MB: **his face changes** I beg your pardon
Stephen. Did you bring me here to insult me? Was
this what we discussed when you invited me?
SS: Mr. Buhari, this is BBC HardTalk - a no-hold
barrel interview session. Pls, can you kindly answer
my question?
MB: I ain't gonna answer you (he tries to speak
like an American but with Fulani accent)
SS: Why Mr. Buhari?
MB: Because I wasn't the president then
SS: Ok, that reminds me. During your illegitimate
regime (1983-85), you jailed the following persons
between 70-100 years jail terms even when some
of them did nothing: Alex Ekweume, Sam Mbakwe,
Ambrose Ali, Emeka Ojukwu, Lateef Jakande, Jim
Nwobodo and Fela etc.
MB: They were corrupt. That was why I jailed
them.
SS: What about Ibrahim Awwal - your personal
friend and the then governor of Niger state?
MB: He was not corrupt
SS: Excuse me Sir. Ibrahim Awwal was arrested at
Heathrow airport right here in London with £14m.
You simply placed him under house arrest for few
weeks; the same way you placed Shehu Shagari
(the then president) under house arrest, but locked
up Alex Ekweme (the VP) in Kirikiri. Why?
MB: Ain't gonna stay here and listen to this
f**king bullshit (still speaking like an American)
SS: Mr. Buhari, it seems you're a tribal bigot
because it's on record that you never jailed corrupt
politicians from your region even when they were
the most corrupt.
----------------------------------
At this point Buhari couldn't bear it anymore. He
got up and grabbed Stephen Sackur on his shirt
collar. Met Police invaded the studio and got him
arrested.
The Police said, do you think here is Nigeria where
you threaten "dogs and baboon" or where you
lament that the "fight against Boko Haram is war
against the north"? This is the United
Kingdom...you'll be jailed for assault!
Buhari stops speaking like an American and
switches to Hausa language: Don Allah kada ku
kurkuku ni. Kamar mayar da ni zuwa Nijeriya. Wani
ya kamata don Allah sa ni El-Rufai wayar o.
(Please do not jail me. Just send me back to
Nigeria. Someone should please get me El-Rufai
phone o) LMAO!

Its unfortunate that the most sophisticated tribe in Nigeria is busy supporting an old man who don't have a single ideal about transformation other than fight sectional corruption.


A deceitful anti corruption crusader who jailed a vice president in a brutal prison but left the president in his house just.

After impeaching GEJ, you guys expect us to allow a smooth pumping of oil in the SS and SE regions.


Well very soon I will be reading a book titled


There was a Nigeria.

I will kiss God on his cheeks and hug him for separating us from Born To Rule people and their eternal slaves.

Someone should correct me if I am wrong.

Most of the protesters are from the North and South West


If I am correct, can someone explain why.?

That's why I despise Gowon. Always talking of one Nigeria when we know he said " THERE WAS NO BASIS FOR ONE NIGERIA."

I believe , the heavens kept him alive to see where his false Nigeria will end.


As Gowon said he is happy that Ojukwu died being a Nigerian, so we will tell him that he will die never being a Nigerian.



God has a way of teaching an ardent liar a lesson he won't forget.

May God cause Gowon to face war crime tribunal and be given a criminal burial in contrast to Ojukwu's hero burial.

Chidozieude:
At least i have heritage

hiboes have no culture or heritage.
ur destiny is in our hands. all of u live in the southwest because of no opportunities in ur cursed land

That's why you should uphold your heritage.


I hope you are not ashame of it

Chidozieude:
God punish u. that name belongs to the disgraced dozzybaba. i use it to torment him.
U cannot survive on planet earth without Yorubas and u know it

Be proud of your heritage

Tribal3AST:
onani jebusite. Is that why you are quoting me with an igbo moniker? I wasn't wrong when I said an average yoruba wants to be called an igbo after all

Gbam

They are a shame of their Yoruba heritage

spenca:
Jonathanism has been described by many as a life-threatening virus caused by notorious multi-drug resistant organism called “GEJ”.

Its main symptoms include poverty, indiscipline, bribery, corruption, theft, and graft, insecurity, unemployment, poor education, bad roads, poor healthcare delivery system and regular power outages.

The man has to go and the way to do it is to reject him at the polls like is done in every civilized country

BH= Buhari's Herdsman has spoken

Let your heroes fully capture NE before talking of Aso Rock

FFKfuckedBIANCA:
Is that reason why your flatheaded y1bo brothers were crying like spoilt brat when Governor Babatunde Ifasola deported them back to y1boland?
Is that the reason why Ekene Dili Chukwu, Ifesinachi, Chisco etc keep transporting your displaced y1bo relatives into the SW in their thousands?
When are you all finally going to go back to Biafra?

Don't forget Lagos was built with federal money and not cocoa money.

So we have a stake in Lagos.

FFKfuckedBIANCA:
Is that reason why your flatheaded y1bo brothers were crying like spoilt brat when Governor Babatunde Ifasola deported them back to y1boland?
Is that the reason why Ekene Dili Chukwu, Ifesinachi, Chisco etc keep transporting your displaced y1bo relatives into the SW in their thousands?
When are you all finally going to go back to Biafra?

Don't forget Lagos was built with federal money and not cocoa money.

So we have a stake in Lagos.

The way GEJ will be treated after his victory will determine the fate of Nigeria.


If the North and SW insist on holding unto power, Nigeria will cease to exist


Unfortunately, SW will be worst off in their new nation called Odua.

Stylz69:
What fuel subsidy? If the price of crude is falling then the price of fuel and diesel should fall as well. Why aren't we seeing a fall in the price of diesel which is fully deregulated? Secondly, we should also see a fall in the cost of fuel, assuming there is a subsidy then we should hear an announcement that the government will be spending less on subsidy than before due to the fall in prices. What we shouldn't be hearing is an increase in fuel prices due to the removal of subsidy!!!! Simple economics

If you are a woman, I would have kissed you.

saxywale:
I believe that $45 is not likely too as I got that figure from a friend working in the financial advisory sector. I believe Saudi would make the oil fall to a point where US drillers would be forced out of the market and oil price increases again. But analyst believe that when that happens, larger firms would take over smaller firms and increase in price would lead to more oil output in the US thereby forcing the price down again.
All in all, this is a big lesson for economies dependent on oil alone for income.

You have brought out a valid fact


To me Nigeria must think outside oil wealth or end up in the same economic failed league as Ghana.


Our motto should be


THINK NON OIL OR PERISH.

atlwireles:
$45 is not likely, 90% of the new oil sources from the North america cost over $70 per barrel to produce. If oil slides to $70 most of fracking and heavy sand oil from North America will shut production down. Many projects for 2015 are already on hold, because of price uncertainty.

If this information is true, I throw my cap in respect to you for your fact finding missions.



Nigeria is living on a borrowed time of wealth.


We must diversify our export trade and encourage indigenous production of essential products especially electronic mechanical etc goods which is best achievable through resource control and fiscal federalism

saxywale:
price of oil is not going up soon. McKinsey predicted $45ish dollar / barrel in January. This is the drilling season of shale oil and SADG oil in north America. The drilling coy are in full blast. Saudi is ready to sell its surplus oil for cheap as it has huge forex reserve. former troubled regions Libya, Iraq, Isis(Syria) e.t.c are all pumping out oil in full force and selling for cheap. Russia has signed multi billion dollar deals with China ( one last week) to supply China oil and gas. Shell had a good foresight by selling off its huge asset in nigeria. So who is going to buy our oilNigerians should brace for impact.
people should start large scale farming as Agric export and remittance from Nigerians abroad would be the countries life line.

Its unfortunate that the absence of resource control, fiscal federalism etc has deprived us the opportunity to diversify our economy at state LGA community levels.


Is there hope .? Yes

If only we encourage resource control , fiscal federalism and most importantly indigenous production of essential products especially electronic mechanical etc goods which depletes our foreign reserve when we buy dollar in order to buy and Import foreign products.