₦airaland Forum

ednut1:
Chances of getting hiv is less 1 in a 2500 chance. Relax

some people can never have hiv self. Although it is more common with European ancestry men

If a man does not have a CCR5 receptor, which is a mutation in some people, they can not be infected with HIV.

AS genotype is an example of mutation of blood type to reduce chances of getting malaria disease

Bullshiit

nedu666:
Without a stable economy, stable jobs, no financial institution will give you credit for consumption. Moreover Nigerians hate paying back loans as evidence from amcon and online loan companies

Nigerians who don't repay can be awarded a low credit score that will hurt and reduce chances of getting further credit. This sort of agency will oversee credit report and scores I believe.

I appreciate resillience, but we must be careful not to celebrate mediocrity.


The lady demonstrated some level of mediocrity, but i appreciate her resilience judging the obstacles she claimed to have surmounted to get her law degree. She has to work hard on self improvement with public speaking and general knowledge. There is a reason why lawyers are called the "learned ones". Lawyers are expected to be vast in knowledge and communicate clearly.

We need to get to at least 2 million bpd ASAP

36STATES:
I have told people that this project will not pass Lagos state.
After the Lagos section and maybe parts of Ogun state, the thing will come to an end.
SS and SE sections of this project will never see the light of the day.
No be Tinubu and his people you wan trust??

When a Yoruba person says this is for southern Nigeria, they mean SW only.

Calabar section is projected to start in July 2023.

The backlog of fx payment made nkor? At least 3 billion USD forex backlog is now cleared.

I will like to know the update on barges of crude oil that were suffering demand, that may be having an effect

Dpharisee:
Its just common sense, your $1000 will always buy items worth $1000 but you can not guarantee your N1000 buying the same loaf of bread tomorrow morning

your common sense is back ward sense.

$1000 that was kept when it could have been converted to 1.8 million naira a month ago is now 1.1 million naira. You have lost 700,000 naira in one month.

The odds that naira will strengthen with the refineries releasing more local products to the market is high.

Evil bitterness and Witchcraftry blinds people to see common sense in idiocy.

It is not surprising that people who believed Buhari died and was replaced by Jubrin are the same set of people who believed that Obi won 2023 presidential election. How can someone be so daft and delusioned?

How can you strongly want your country to fail because a mediocre failed at the polls?

I am absolutely certain to my gut Obi is a mediocre and not what we need.

Campaign after election. It is 10 months of the new government, INEC will inform you lots when the next campaign starts. I suspect you are still grieving from the loss and this kind of submission can be attributed to denial and delusion.

MaziX:
I have always travelled through boat from lagos to Benin Republic. I always reject the life jacket cux of this same thing... Very dirty! December 20th 2023 outr boat had an accident. I was without a luge jacket.. this boat pple are same with our crazy road transport companies.

people who reject dirty life jackets may end up drinking dirty water. If quite unlucky, may cross to the other side.

That will be the beginning of the 19 months of his administration.

ajebuter:
This guy is practically given the key to the Nigerian economy

Ok, abeg crash fuel price oo

That's the one that concerns an average Nigerian

Abi wetin concert lya Latifah with aviation fuel?

iya Latifah can use aviation fuel as kerosene to cook on her stove. I bet kerosene price will come down as well. Aviation fuel and kerosene distillation point are quite close and some even use interchangeably.

Justdogood:
The crazy thing is ...


As we are mourning and grieving for their death, someone or some people somewhere now in Nigeria are boarding rickety canoes and boats without life vests and safety equipments.

And they think or keep reminding themselves that its just not important or say na oyibo people them make the thing for.
Playing ludo with their lives.

So annoying and pathetic.

May the ALMIGHTY grant them eternal rest.

Nigerians are not picking the right message from the accident, it can be seen from the spiritual perspective many commenters on Nairaland took. Even a survivor was talking about appeasing gods with Fanta. He forgot to mention he most likely had swimming skills although not wearing life jacket.

Oyinbos learn from near-miss incident to prevent accident, Nigerians simply give testimony and say God forbid.

DenreleDave:
U r so ignorant

ok then

Emeskhalifa:
Cut and join technic

Move from a importing nation to producing nation and all this Dollar crisis will fade away.

Cho Cho Cho, show workings.

Starz825:
Guy ... that movie u talking isn't this brutal... clown 🤡

ok then.

It is from a movie. I saw this recently , Idris Elba was attacked by the lion and the other lions fought back the lion attacking him. All these Facebook content creators with clownish disposition sef.

Balablue64:
If i see this black dirty man in this car i would think say na driver him be

colorism and low self esteem. You have been conditioned to hate your dark skin and call it dirty. I see this stupidity a lot nowadays.

Look at yourself in the mirror and be very ashamed of yourself for hating yourself.

The girl in the invitation card and the video is the same person.

advanceDNA:
I said huge export is what will greatly improve the naira/exchange rate....Dangote's operation alone won't significantly won't do it....u seff said other variables.....and other variables are not align

. the indices that contributes to a sweet exchange rate are many including low corruption.

Its fallacy to say once we don't import fuel anymore exchange rate will slide down to 200naira or 500naira.....

The word Improvement of naira vs USD is relative. If you decide to put a figure on the improvement and say a slide to 200naira per usd. It will be a combination of multiple factors.

"Huge" export alone will also not improve naira to 200naira/usd and it is NOT a low hanging fruit at this time. There is a gestation period for "huge" export when you consider that Nigeria has a huge market of 200 million people. Nigeria has to drastically reduce export of Cocoa and increase export of chocolates and it won't happen overnight. We export lots of raw materials and it is necessary that is switched to refined products.

The lowest hanging fruit for Naira at this time is drastic reduction of refined oil importation via Dangote refinery & other refineries like Portharcourt refinery e.t.c

advanceDNA:
My talk is even more plausible than Reno's claims...

because after we stop importing fuel which is good.....we are still on importing other things even toothpick and all types food including fish, so the demand for dollar won't go away.....

Don't forget corruption....the most common factor in Nigeria....shebi na Nigeria we dey the govt has no plan to take the exchange rate less than 800-1000naira....

They said it a week ago naaa...that any one expecting exchange rate less than 800naira is deceiving himself because they know they have no plans to drive export or improve economy...all they are doing is pegging the currency with our current dollar earnings because the inflation was getting too much

Are you suggesting it is only until Nigeria increase exportation, naira can improve?

A drastic cut in importation , all other variables being equal or with negligible change will improve naira. All sources I have see so far have quoted refined oil to be at least 30% of all importation to Nigeria.

Dangote will have other by products of the refinery asides petrol. diesel . AGO and jet fuel that may be exported as well as the refinery increases to optimal production. For the forseeable future, at least next 1year, the total supply of petrol, diesel from the refinery will be used up by local demand since Dangote refinery will not be producing at 100% capacity yet.

The diesel Dangote is currently selling to Nigerian refined oil marketers would have been imported using US dollars.

1 soldier was killed by BH, not the parallel drawn with Okuama 17 soldiers killed by community members

Penguin2:
The clouds will only thicken than disperse over Tinubu by 2026.

Tinubu has no support base anywhere. Nowhere else apart from Southwest.

no need to argue, the no support base rhetorics is not new, it was mentioned when he was not holding an elective post 1 year ago, we saw the 2023 presidential election outcome. As an incumbent president of 4 years, you will be alive to still repeat the same thing and expecting a different result.

I heard this sermon the whole of 2022 and just before 2023 election.


Someone said if elections are conducted today, alas presidential election is 3 years from now.

Obidients will be useful objects in 2027, they will play a slightly different formation then.

Tinubu is smart enough to unleash all the biggest dragon policies within 1 year.

By May 2026, maybe this discussion should be revisited.

I thought obasanjo advised we contact Zimbabwe on how to combat inflation.

Goody two shoes Baba.

emperor4love:
wen guys de alter pof wit banks,fr agent no be u de do am ursef, den flight nd school fee,pls most agents are agent of darkness no too entrust dem mk u no find ur sef fr Sudan as dem tell my guy na spain

not everyone cuts deal with bank or forged bank statements. It will surprise you that majority got the money.

teeytimi:
I understand the angle you are coming from but sincerely no one spent $40,000 to japa from the country, the recent student japa to UK is the most expensive jada in the history of Nigeria and on the average no family spent more than 25000usd.

I really can't place how you arrive at "no one spent $40,000 usd" . School fees are not cheap in UK, Canada, US , Germany e.t.c. international student tuition per session can be more than $15,000. Proof of funds is not cheap. When you then factor in dependants who are mostly minors you realise why the amount is not far fetched. Off course some people will spend less than that amount.

emperor4love:
using 40k to japa unless u dey carry all ur village ppl join

well, many who left vis school route had to pay school fees, it is not cheap o, they took flight o and yes may go along with dependant(s), they paid visa fees, money to agents in some cases, took IELTS multiple times, showed at least some money in their bank account to prove to visa officers they could survive in new country 6 months to a year.

mrvitalis:
That's a lie trade balance has largely been positive most years... So what's your point

If you don't know just say so

what is the lie? I listed at least 4 reasons, you are narrowing all of that to just trade balance?. We may have positive trade balance,, did we have negative trade balance in the prior years ? What was the relative degree of positivity or negativity in those trade balance in prior years?

Check below:
https://www.statista.com/statistics/383170/trade-balance-of-nigeria/#:~:text=Trade%20balance%20is%20the%20value,around%202.72%20billion%20U.S.%20dollars.

teeytimi:
Your number point is a fact and one main reason we are where we are today, instead of our export to be growing with our population it is reducing.

But the number 2 point is pure fallacy, japa has brought more good than bad to the Nigerian economy. The dollar the japa people remit back to the Country's economy is more than four times of what they used in "japaing".

Didn't you read where the Central bank said the major source of forex in the month of February was diaspora remittance.

The recent waves of Japa in the last 7 years is yet to yield appreciable remittance, it will yield at some point . There is a gestation period for most people who left to begin remit appreciably . It is at least 10 years for most people. If you spend 40,000usd to leave the country, when do you settle down enough to meet your basic needs in your new country and can then begin to remit hundreds of thousand dollars? Sending 100 dollars every month when you used 40,000usd is not bringing the ROI.

There are Nigerians in Diaspora that left 15-50 yrs ago, many are accomplished enough to start building large homes , companies and remitting to families.The bulk of remittance are coming from those set of people.

Youu will agree with me that rate of "Japa" increased a lot in the last 7 years., Most of this new set of japarians in the last 7 years are not self fulfilled in their country of origin to bring any tangible remittance beyond some few hundred and thousands, there may be very rare exceptions, they are close to negligible

If you spend 40,000usd to leave Nigeria and start remitting 500usd monthly to Nigeria the moment you got in to the new country, how long will it take to remit 40,000usd? 7 years. Most recent japarians can't even remit 500usd monthly yet.

Yourprick:
People keep saying Nigeria should export more for the naira to gain, Please was Nigeria actually exporting anything when a dollar was 200 during Jonathan regime?? I'm curious 🤔

The quest for dollar has increased exponentially and our dollar earnings has decreased due to reduced oil production.

Nigeria was producing over 2.3 million barrels per day of oil to earn dollars at some point. Today it is barely 1.5 million bpd, an increase from about 1- 1.2million bpd some 6 months ago.


The japa waves( one way emigration) in the last 7 years is also shooting up demand for the dollar. More people want to school abroad as well( most will not come back). An average individual leaving the country to a developed country spends 40,000usd . Those paying school fees may spend more than that.

The sharp change in taste by low middle class and above for exotic equipments and materials has changed as well. The level at which every lady need to use expensive hair. The high end brand phones as well that are all imported. Even household appliances in many homes are no longer basic that are now imported.


The population increase with no matching increase in production of goods and services .

More money laundering by politicians keeping stolen money in foreign currency abroad or in their underground storage.

These reasons and some others all contributed to what we have now.