₦airaland Forum

Federal government just doubled secondary schoolfees, so Obi was either lying or the new fee is affordable for the poor.

Sermwell:
This is very true oga. I think I have even heard this kind of testimony in the church before. But this one caught my attention because of the money involved.

I saw your thread on tribes and expected no less. This one though makes me laugh.

You think, you heard, because the money it's true, lol.

Have you not heard of ẹbọ where pastor pays someone to say they are healed so you may believe? There's even people going from one church to another 'testifying', so why would you so easily believe?

Sermwell:
I'm not a very religious person, but my both parents sounded convincing that thier prayers and spiritual activities is largely responsible for my success. On my flight back to my base, I was wondering who could be right among them.

Who do you think is right in this case?

CC: nlfpmod
CC: Seun
CC: lalasticlala

Both of them are partly responsible for your success but mostly the responsibility has been yours.

First your Christian mother and Traditionalist father created a nurturing environment for you to learn to coexist in diversity, thereby giving you essential skills in your endeavours. They also taught you the various underlying ideologies and philosophies which you've been able to contrast and compare and learn from and utilise. But mostly, your own hard work and learning are what have contributed the most to your success, though you wouldn't have learnt what you've learnt if not for your wise parents.

Stage 19

https://www.letour.fr/en/news/2023/stage-19/matej-mohoric-pours-the-triple/1315983

Lawani, please know that while my opinion might differ to yours on this topic, you've created a thread that is making my mind work, and that I appreciate.

I've been thinking about debt, in general, and America's specifically, since it's the most indebted nation, but first let's cancel UN and replace it with the World Bank, or IMF, though since lending is their business they might need cancelling too.

America has "Fractional reserve banking, a system in which only a fraction of bank deposits are required to be available for withdrawal. Banks only need to keep a specific amount of cash on hand and can create loans from the money you deposit".

If banks get all their loans paid they'd have lots of money to supply for lending, so interest rates will drop and terms longer to increase demand. As demand for money grows and chases asset, prices will inflate, and more will be poorer.

It's rather a lot more complex than that, and there's various ways and numerous things to consider, but let me address your key points so you know I read your's.

lawani:
Effects of a United Nations take over of all sovereign debts across the world.

Where would any organisation find slightly below $300 trillion to pay off the Sovereign debt as of 2022?

Well, probably from Saudi Arabia and co, who are so swimming in crude oil that money money everywhere but nothing to spend it on applies. And from America that has dollar printers, and China, and Europe, since they can't just stand by while some own the world, plus Britain since lawyers would be required, and Japan, and Ru..... Let's just say the G7, or G15 max will lend UN money to pay off the debt, and you must have heard they who pay the piper call the tune, or interest, as the case might be here.

lawani:
In the US, Japan, Western Europe and all high income nations that are steeped in debt, the effect will be that those nations will be able to lower their cost of living since they will no longer need high taxes from high wages in order to pay interests on sky rocketing sovereign debts.

Actually, those countries will immediately return to the debt market to borrow even a lot more is what I think, because you still got to buy somethings from somewhere since you don't make your own, and you can't pay cash unless you are getting it from the people whose tax doesn't currently cover expenditure.

It's in the cost of living, you see. Most countries do not currently cover their expenditure with tax, and while it's likely removing debt servicing might just about allow it to, it wouldn't stretch as far as leaving much for capital investment, so countries would need to borrow again or tax it's people more, and either or both will increase the cost of living a la inflation.

Capital investment is the key, as it not only covers new investments, which could be cancelled to save expenditure, but also the cost of maintaining old investments.

lawani:
They can do this by fixing the value of real estate at construction costs only using countries like Ethiopia, Nigeria, Ghana etc as templates. A lower cost of living will lead to a much higher productivity in those economies. Imagine a Londoner, New Yorker, Berliner or someone in Tokyo having the same cost of living as a worker in Ilesa, Nigeria. That is the vision.

This just doesn't make sense.

The cost of building a house in "Ilésà, Londoner, New Yorker, Berliner or someone in Tokyo" differs wildly. The expertise required to build in those diverse places differ wildly, the building regulations differ wildly, the training and competence and ability of builders in those diverse places differ wildly, the value of the land differs wildly, so why would anyone settle for wages in Ilésà if they don't live in Ilésà when most wouldn't even settle in Lagos for Ilesa wages?

lawani:
A major expense that the UN should defray will be the defense budgets of the USA, Russia and China since those expenses are to keep the peace for all.

This is the bit I love most about your imagination and which I hope you continue to value, for this is the stuff that makes blockbusters. You write your thought well.

The "defense budgets of the USA, Russia and China" are not to "keep the peace for all", but are actually the main drivers of conflict and debt, since from forever has it been that countries must borrow to buy bullets to fight wars.

Read the following to see other perspectives and where you are agreed with and how greed and competition fuels debt.
https://www.politico.eu/article/european-union-ukraine-war-debt-crisis-aid-loans-18-billion/

lawani:
Maybe you did not read the post. It is not asking for debt relief of the type Nigeria was granted but a take over of sovereign debt across board so that everybody can breathe. Maybe you should read the post again. It is a proposal or a way forward

First, you are asking for the $33 trillion that the United States owes be forgiven. Does that mean paying all those owed like China and Japan? Those countries would likely refuse payment since the debt provides them with a comfortable income and a tool for balancing their own currency, and they got nothing better to do with the money.

Besides, nations would quickly accumulate new debt because their tax revenue does not cover expenditure. And that's apart from the immediate inflation that's bound to ensue in all things including crude oil and maize because sellers would demand payment upfront since no debt.

United Nations does not do debt. Those owed debt would never forgive it. And one should consider Nigeria's debt forgiveness and it's outcome, I'd think, since it's been experienced already and has not provided the outcomes you've outlined.

Do you have any evidence that debt forgiveness was good for Nigeria, and that what you describe above happened?
https://www.cgdev.org/page/debt-relief-nigeria


By the way, United Nations does not do debt since they can not compel payment.
https://www.cato.org/policy-analysis/united-nations-debt-who-owes-whom

00FFT00:
According to the circular entitled, “Approved fees/ charges for Federal Unity Colleges (1st Term) for new students“, signed by the Director of Senior Secondary Education, Hajia Binta Abdulkadir, new students are expected to part with ₦100,000 instead of the previous N45,000.

That's an over 100% increase! Guess we now have an idea of how high higher institutions fees are expected to be. Nothing less than the above, for sure

livenija:
I didnt read the content but from the headline shows u are a clout chaser n a fool

He feels he must share his stranger obsession.

Beastcub:
guys I was just sitting on my own when the message popped up, the stranger got my name correctly but I don't know anyone by the name...
though countless times before people have called me and called my name....only to tell them it is the wrong one.... I think I'm sharing a number with someone I bear the same name with...

I know that I'm not the one he want....
....I'm broke and jobless, and even have a lot of needs and problems to solve, but its not mine so I sent him a text with my torchlight phone.....that I'm not the one he thinks I am.

Stage 18

basilico:
That's why we was thinking .......

I wonder why you'd think I'd give a flying fuq whatever you think when it's rather obvious you like making up crap to believe.

donjazzet:
My fellow liberals, budatuum, ibime, feedthenation, wirinet, amazontopaz etc.

I really need you guys input on this.

What do you guys think of transgenderism?

I have no problem whatsoever with people wanting to cut off bits of themselves. I can't possibly be yelling my body my choice when it comes to my womb, and then claim your body my choice when it comes to others cutting off their tits and diqs.

As for what causes it? Too much food and not enough sense is the cause. You must be well fed after all before having left overs to pay a doctor to mutilate you. Sensible people would always find better things to do with money than spending it to mutilate themselves.

You also must wonder what parents are teaching their children for them to think they are not the gender they were born in. Just imagine the reaction a Nigerian child would get if they dared suggest such nonsense.

Anyone who thinks only liberals are chopping off their bits or that some liberals disapprove must live in a bubble.

basilico:
I saw this on disqus comments.
Someone prove this wrong
Crap from wolfstreet accepted too.

Stick to disqus. Wolf is way beyond your comprehension level!


https://wolfstreet.com/2023/07/07/landing-still-cancelled-labor-market-cruises-through-updrafts-and-air-pockets/

MentalCase98:
Yes I wouldn’t engage with anyone who makes such accusations. But that’s not what typically happens here. What tends to happen is that anyone who expresses any remotely conservative or pro-Trump views is quickly viciously attacked by the emotional liberals. We all know the usual suspects for that.

It cuts both ways, I find. One does not need to join in the vicious attacks and emotionals like you seemed to want me to when some si made crap up to believe.

I think observers notice maturity and would not mistake it for stupidity.

MentalCase98:
The liberals are quiet because they have exhausted all their typical tactics.

Liberals NEVER engage in constructive debate.

It is hard and nearby impossible to engage in constructive debate with those who are incapable of debate and believe the alternative facts they conjure up in their own head.

How does one constructively debate with an idiot who insists one joined him in molesting his own children?

Stage 17. Where Vingegaard slaughtered Pogacar. 7’35’’ with 4 stages to go.

https://www.letour.fr/en/news/2023/felix-gall-the-third-winning-debutant/1315340

Stage 16. The Time Trial

https://www.theguardian.com/sport/live/2023/jul/18/tour-de-france-2o23-stage-16-individual-time-trial-from-passy-to-combloux-live

MentalCase98:
To say “where I put my bits is no business of yours” in response to someone asking you if you have sex with minors is wild!

More rational minded individuals would find it wilder to ask such a stupid question especially if the reason for asking it is they've created crap in their own head to believe and have managed to convince you to have crap created in your head for you to believe too.

bemeruca:
Where you put your bits reflect your desire to defend groomers and pedophiles. It's non of our business but don't bring it to other peoples children.

You don't have children si. And my bits are still not your business.

basilico:
International governments have agreed to sign a pact pledging to target food production by shutting down farms to reduce “methane emissions.”

Left to it you'd still be shiting in the bush and wiping your ass with leaves. You won't read and even if you do you would not understand that the world is going woke. 150 countries, note, and not the few you mentioned.

Progress update: From Moment to Momentum
In the year since it launched at COP26, the Global Methane Pledge has generated unprecedented momentum for methane action. Country endorsements of the GMP have grown from just over 100 last year to 150, more than 50 countries have developed national methane action plans or are in the process of doing so, substantial new financial resources are being directed to methane action, and partners have launched “pathways” of policies and initiatives to drive methane reductions in key methane-emitting sectors – a GMP Energy Pathway launched at the June 2022 Major Economies Forum on Energy and Climate and a GMP Food and Agriculture Pathway and GMP Waste Pathway, both launched today at COP27.

Read more →https://www.globalmethanepledge.org/

Progress on the GMP Energy Pathway
In June 2022, the United States, European Union, and 11 other countries launched the GMP Energy Pathway to accelerate methane emissions reductions in the fossil energy sector, cleaning up our near-term fossil energy consumption as an essential complement to the clean energy transition. Recent developments in the Energy Pathway include:

Uniting importers and exporters to cut fossil energy methane: The United States, European Union, Japan, Canada, Norway, Singapore, and the United Kingdom issued a Joint Declaration from Energy Importers and Exporters on Reducing Greenhouse Gas Emissions from Fossil Fuels, committing to working towards the creation of an international market for fossil energy that minimizes flaring, methane, and CO2 emissions across the value chain to the fullest extent practicable. This Declaration covers over half of global gas import volumes and over one-third of global gas production.
Leveraging satellite data to respond to super-emitter sources: The UNEP International Methane Emissions Observatory (IMEO), a core implementing partner of the GMP, launched the Methane Alert and Response System (MARS) to scale up detection of major emission events, notify relevant stakeholders, and support and track mitigation progress.
Mobilizing multilateral funding for methane action: The World Bank Global Gas Flaring Reduction Partnership will launch the next phase of its trust fund in 2023 to become the Global Flaring and Methane Reduction (GFMR) Partnership and address all methane emissions across the oil and gas value chain.
New Landmark National Policies and Actions:

The United States published a supplemental proposal on reducing harmful emissions and energy waste that will achieve 87 percent reductions in methane emissions from covered sources by 2030 from 2005 levels and will also include the creation of a “super emitter response program.” This is complemented by $1.55 billion in financial and technical assistance from the U.S. Environmental Protection Agency and a “waste emissions charge.
Nigeria became the first African country to regulate methane emissions from its oil and gas sector.
https://www.state.gov/global-methane-pledge-from-moment-to-momentum/

basilico:
Are you a gay person or are you gay?
Probably attracted to minors.

Where I put my bits is of no business of yours but if you believe the crap you spew, shirk not your duty to report to the police who'd gladly teach you to recognise how ignorant and stupid you are. They, in case you haven't noticed, have gone woke or to jail.

Love the way you make up crap in your head and believe it. Same way you make crap up about everything really and believe it too, and why you must hide in this thread where no one would bother to oppose your crap because you are irrelevant.

basilico:
Buda never ...

bemeruca:
See your head, make use of it

This is more you.

https://www.nairaland.com/7755713/yes-gay-activists-after-children#124268925

Make sure you homeschool your children so they only learn what you teach them.

bemeruca:
@budaatum, why not show us the video she made and the books she was asking kids to borrow because they are so beautiful and enticing? While you are at that, why not also show the contents of those books?

When I call you a groomer and a suspected pedo... People will think I am joking.

And stop you from doing research you should be capable of doing yourself if you were not lazy?

While you're at it, read the books too and come tell us if they turned you into a groomer and a paedophile.

bemeruca:
Dude is out here carrying flags for groomers again.

Your maths is racist.

Youths must organise and present their worth too.

This is for you, si. So you know what you are.

https://www.huffingtonpost.co.uk/entry/i-was-labelled-a-paedophile-and-groomer-in-a-viral-video-and-it-blew-up-my-life_uk_64b556d1e4b09a3b488e0863

Gajagojo:
Lagos economy is growing. It is now over $100 billion
That is double what it was 10 years ago
Can you tell us how many countries in the world have achieved that?
your premise that they have lexy2014 been unable to drive growth is untrue

Must you let your valuable time be so consumed?

Poverty, infant death and girls deprived of education are not the priority of some Africans I guess, or are they just being led to hate?

https://www.bbc.co.uk/news/world-africa-66079603