₦airaland Forum

swiz123:
They are thieves. It's only in Nigeria that our retailers FOMO without reservation just to suit their narratives. They usually buy their highest quantity when the price is the highest. When the price reduces, it takes them ages to finish selling old stock.

Many of them increase the price of their old stock when current prices increases but fail to reduce the price of the same old stock when current prices reduces.

A perfect example are those fouani thieves selling electronics at Ikeja city mall.

They did this simply because they were at a risk of selling old stock and being unable to restock afterwards.

Let's say u sell an item for 500 naira and dollar just keeps jumping up every market day thereby increasing the cost of stock.

If u say because u still have old stock and decide to Continue to sell for 500 naira instead of 950 , u will end up not being able to restock and simply run out of business .

U may not really understand this thing except u are involved or have someone involved in buying and selling in this present day Nigeria.

A friend was still lamenting last weekend to me about how the whole fluctuating exchange rate has been consistently eroding his wife's trading capital in her business .

Fouani will not reduce their price except they exhaust their current stock. If they imported the electronics when dollar was 1,500, they won't automatically reduce the selling price cos dollar is now 1,300. U don't expect them to sell at a loss .

All these people dey do proper accounts o

monerozi5590:
No nah. Government generate money from the removal of subsidies. Not everything will be put in black and white

Source : Trust me bro, I no fit lie give u

"Another dream? I don't know. At the sporting level, as I've said before, I was lucky enough to be able to achieve everything in my career, to achieve all my dreams."

Lionel Messi says he has nothing left to achieve in football 👀🐐

(via MBC1's Big Time Podcast)

In order words, let the tears flow freely from the worshippers of the false god

monerozi5590:
Buhari subsidised PMS and forex. Make things no too cost for common man.

Tinubu removed subsidy on PMS and forex (not totally though) hence the 3.8 reduction you talked about.

Lolz.

Hope you've seen how much Tinubu's government is paying on subsidising PMS currently?

By the way, the reason u gave behind the 3.8% reduction is incorrect.

Edun explained that the budget deficit is lower at 3.8 percent of GDP, reducing the reliance on borrowing, with improvements in revenue generation using technology and digitalisation to also boost funding.

He said, “But overall, the change in this budget is that it is focused on growing the economy. The capital expenditure is larger than the recurrent expenditure; over N10 trillion is going to be the capital expenditure, while recurrent is just about N8.8 trillion.

TemporaryHansel:
Business people don Dey talk their side of the story…..

This a no brainer na; Nobody goes into business to lose. It will take time for prices of goods to reduce if the Dollar remains stable

monerozi5590:
97 percent of our revenue or budgeted revenue the person mean to say.

All those debt na accumulation of previous debt join and like you know the budget size keeps increasing.

They will certainly be deficit because some of those debt most have matured and the government need to pay through revenue generated.

Oga, Buhari borrowed Nigeria back to stone age in the words of Sowore. Of all the presidents that ruled since 1999 Buhari borrowed the most and left the country worse than he met it.

Funny thing is Tinubu in the 2024 budget has reduced Nigeria's reliance on borrowings by 3.8% another subtle way of telling anybody that cares to listen that Buhari was just recklessly borrowing future generations away

monerozi5590:
If you have a deficit. Like budget deficit you will borrow na. The borrowing no be today e start. Na since from the military era sef.

Jonathan borrowed, Buhari borrowed and the same Tinubu is still borrowing up till now.

U obviously didn't read the part where he said 97% of the budget is already being used for debt servicing.

Is that what happened under Jonathan?

Tinubu's spokesperson is practically saying Buhari was foolish to have borrowed the whole country away while there are so many leakages in the system, u are saying Jonathan borrowed, Buhari borrowed and Tinubu will borrow. smh

Well, I think these have been explained. I just stated that under President Buhari, Nigeria was spending 97 percent of its budget to service debts. It simply means we were broke. There was no money. The same government borrowed over N22 trillion through what they called “Ways and Means’ ‘, which means that there were lots of problems.

rooftops:
Na Dr lavia bad pass. Like man you never play one full match for your team you Dan go like two injuries?

Clubs should really stop signing injury prone players, it is an unnecessary risk. If the player becomes injury free when he moves to another club, good for him but the risk outweighs any gain.

Signing a player with injury is a huge risk Chelsea took.

This was probably because he took over from another APC government. He is very, very reluctant to blame the previous regime. That is why he kept saying I inherited liabilities and assets. From my own point of view, I will say that he inherited mainly liabilities. If you look at the last budget of former President Muhammadu Buhari, about 97 percent was supposed to be used for debt servicing. The budget was predicated on N14 trillion in borrowing, while capital expenditure was just about N1 trillion. So, imagine if you had already committed 97 percent of your revenue to debt servicing alone. Out of the N23 trillion budget, what do you have left?

https://www.nairaland.com/8043427/president-tinubu-did-not-foresee

While we were criticizing Buhari's borrowings, Femi Adesina & APC apologists were busy calling everybody wailers. They praised Buhari to high heavens. Femi Adesina will be busy replying Punch Newspapers editorials up and down telling us how borrowing is a finance tool & that the borrowings are justified. Smh

Now Tinubu's spokesperson in the same APC is telling us Tinubu inherited a broke and indebted country.

It is well o

Sportsweb:
🚨 𝐁𝐑𝐄𝐀𝐊𝐈𝐍𝐆: Chelsea midfielder Roméo Lavia is set to miss the remainder of the season following a setback in his recovery, club confirms 🔵🤕

Bad luck for Lavia with injuries as he’s only been able to play 32 minutes in Chelsea shirt after signing for them in August last summer from Southampton…

…get well soon, we wait for you Romeo ❤️👊🏻

Only Chelsea get Dr. James , Dr. Fofana and Dr. Lavia

More Doctors to the blues !

aieromon:
Update
https://guardian.ng/news/nigeria/dangote-to-begin-diesel-sale-as-nnpc-resumes-direct-supply-to-marketers/

Which kind update be this? Why is everything in the article centered around probability? They may begin sale next week, they may sell below N1550, etc.

So the journalist who authored the article cannot speak to an official at Dangote refinery to get the true position of things? Smh

iamoyindamola:
Elo fi okan bale

Imagine the company confirmed as at Dec 2023 confirm their Diesel and Aviation fuel will hit the market January 2024. Now March 2024 Don finish no single refined product of any kind has come out of the refinery.

Which kind whining be that?

March is ending in 4 days time , yet refined petroleum products from Dangote & NNPC's refineries have not hit the market.

Can these people just tell us what exactly is going on gangan?

popizaino:
Why don't we approach Messi if he will come cus i cannot imagine in the life of me how a player who is better than everyone else decides to be plying his route in an inferior weaker MLS league while we still parade bums like Broja playing top flight football in Europe elite Club.

Forget age Messi can still give you top level performance for 5years.

Lmao.

Shey na u go return all Beckham investment on Messi ni? No let Beckham send that Messi naval seal bodyguard after u o

Reiterating the government’s resolve to defeat banditry, the President said those who resort to kidnapping children are cowards, incapable of confronting the might of the Nigerian Armed Forces.

”We must treat kidnappers as terrorists,” the President said, according to a statement by his spokesman, Ajuri Ngelale.

“They are cowardly. They have been degraded. They look for soft targets. They go to schools and kidnap children and cause disaffection. We must treat them equally as terrorists in order to get rid of them, and I promise you we will get rid of them,” the President said at the dinner attended by serving and retired judicial officers, including two former CJNs, Justice Mahmud Mohammed and Justice Walter Onnoghen.

Nigeria is facing increasing security challenges majorly terrorism, banditry, kidnapping and oil theft. The North-West and North-East geopolitical zones have recorded the highest number of insurgent and bandit attacks in the last decade, with terror gangs sprawled across forests in the zones, killing and kidnapping thousands of residents, travellers, and soft targets including women and children.

This is what I like to hear, kudos to Tinubu for talking tough on this. Hoping he matches talks with action.

Death to terrorists disguised as kidnappers & their sympathizers

https://www.nairaland.com/8042941/kidnappers-must-treated-terrorists-tinubu

raumdeuter:
Blueraydick don release single on top Bobrisky

https://www.facebook.com/share/r/mDn795QJnZjW4iNq/?mibextid=D5vuiz

🎶

nihilistjnr:
You dey see my boy abi?

I see am.... The elephant man still got it

Lukaku

See pass na

So aside from carrying banner against the Zion church pastor, the ijele guy also made videos in which he threatened to kill him?

Where people dey get audacity to do all this kind things sef? U set camera and ringlight begin threaten a popular person. Even if e no popular sef, with a petition and greasing the right palms he can make u regret ur life in this Nigeria .

https://www.instagram.com/p/C4_F4tVtIvj/?igsh=MXVlYTJnZTdjeDc1MQ==

I'm surprised that Sowore is trying to make it seem like the guy was arrested illegally. Smh

Unlimited22:
Chief afrodoc2 why do you think a lot of players who've been touted as superstars at youth level in the English game sputter out so quickly and in some cases, go on to achieve relatively little?

See Nile Ranger and Ravel Morrison.

Lots of people claim Joe Cole was the best player they saw live at youth level. Then there's Owen, more recently Odoi and Sancho etc... Even Rooney himself, despite being the record goalscorer for England and Manyoo and with his trophy haul, still isn't seen by some people as having achieved all the success he could have and is repeatedly passed over in all time PL XIs.

I think there are varying reasons for youngsters not living up to the superstar expectations at senior level.

Some of them due to injuries, some were unfortunate to be in the wrong team where are not the right fit , some of them just get disoriented struggling with disciplinary issues and then u have those whose coaches want them to play a totally different pattern of football from what they played as youngsters when they were touted as potential world class palyers.

I think there's no one reason that fits all players that failed to live up to expectation.

mostob:
It is better they ignore o for the sake of sanity. If Saliba feels he can handle the mental aspect, he can stay o. I don't just want anything to distract the guy.

I think White will only return if that assistant coach resigns. Or maybe if Southgate issues public apology sha. Guys like White no dey send anybody o.

Deschamps won't be French coach forever. Saliba is still young and has many years to play at the top level; he should honor France national team callup . I'm sure whoever steps in after Deschamps will not be foolish to continue benching Saliba

Amigoss:
Professional Bankers Are Not Supposed To Be Wealthy, Except You’re Stealing – Sterling Bank CEO


This bank dey everly sub big banks

He is not wrong, na dollar round tripping and running shady deals for politicians make some Nigerian bankers billionaires ; not their salaries & allowances.

They give loan to politicians to run for office and recoup their money in multiples when they win elections. They give loans to portfolio contractors who just use contract paper to collect loan and pay back with interest when government pay them back upon completion of contract.

They do a whole lot of shady stuff like how they lifted some of the arms deal money under Jonathan which was used to prosecute Fayose second term election without EFCC flagging it.

Jodera:
The thing is that England has a number 6 In Mainoo. I believe if you're good enough, then you're old enough and Mainoo is someone who have a seasoned pro head on his body. He's 18yrs too so it's not as if he's that kinda small boy sef. Mainoo just solved that conundrum.
Play Mainoo as 6, Rice at 8(this to me is even his best position) and either Bellingham/Foden at 10(or side 8 in a 433) and England won't suffer both offensively and defensively.
Presently, I'll go for Bellingham cos of the kind of striker Kane is but if I want more control and I'll go for Foden but even Bellingham can give me that control I need(as long as it's with Kobbie and Rice), so automatically for me, Foden goes to the bench. He can certainly change game from bench and give something different.

As for "slander". I doubt any arsenal fan slander Foden. We acknowledge his qualities and we know he's a very fine player but what we don't agree is that he's better than Saka. I don't even get the comparison sef cos Saka is a Winger while Foden is a Midfielder. There's no way one can tell me Foden on the wings is better than Saka no matter how versatile foden is.
Agenda or not, Saka on the wings is better than Foden. The kind of Kicks and double marking Saka receives for the past 3 seasons and he still comes out tops, I doubt Foden experiences that.

This is the gospel truth. Foden is one player I really really admire for his versitility across the frontline.

I just do not agree he is better than Saka as a winger.

CrystalTiger:
Insecurity in the North, one day the truth will come out..

Na the bandits take measurement of the pupils while in captivity, sent it to the state government who then sent it to their tailor in anticipation for their release; the tailor finished the sewing in time for the bandits to release the pupils "without collecting any ransome whatsoever"

larride:
On the issue of CBN and airline backlogs, I find this thread explanation reasonable and logical. What do you think?

Cc Oasis007

If this is true as the author of the tweet posits, then the airlines don't have a case against CBN then.

iamoyindamola:
Blueraydick

Shogun e6

Thank You.

monerozi5590:
If someone says something that you agree on even though you don't like that person. Does it mean you are stanning the person?

Most people don't like Putin but they love what Putin did to those terrorists. Does it mean they are fan of Putin.

The fact that I don't love someone doesn't mean I might not agree to some of his takes.

Gumi has been at the forefront of agitating for the "right to trade" of bandits , no be today. He has always wanted the bandits and terrorists to be given recognition by the government despite the fact that all they've done is cause pain and anguish to their victims.

He keeps making a case for them like they are not private citizens who chose to take up arms against their own country and countrymen over nothing. He claims they are neglected and abandoned; by who ?

Is it federal government that will educate them? Don't they have governors whose duty is it to provide at least universal basic education for them up to secondary school like they do down south? Na everything FG must do for una?

andrewbaba44:
I don’t expect you to agree with me

The feeling is mutual bro

GloriousGbola:
That someone serves as a window into the minds of northerners on this matter.

I think at their core, the northerners, particularly their leaders think government is a lootinum and that they too should be entitled to their 'share' of amnesty largesse in the name of national character.

As in..... Dem just wan force the amnesty by fire by force. They don't care whether Buhari has already dragged Nigeria into serious debts with some of his borrowing expended on useless projects like that Mararadi rail line while he was on power.

They still want to zap more from the treasury in form of amnesty irrespective of whether Naija is broke or not

iamoyindamola:
These people don't even want to work again just chop everything
He should be arrested too

Dem.get political backings na. If not for social media, people won't know about some of these things

monerozi5590:
Point of correction on doubt. Doubt is an understatement. I know for a certain the list is fake and audio.

Shay the names na for decoration. If those names are known people, there should be pictures and they should start making arrest.

Just like u know FG didn't invest in agriculture in the north. Smh.

Make Una continue to dey Stan people wey dey profit from insecurity ; later dey shout to FG make dem come rescue una

afrodoc2:
Good that you agreed you are viewing it from a biased point of view. I respect your honesty.

The people pushing the Foden-better-than-Saka narrative are mostly doing it from a biased point of view as well na. Everybody get their own bias