₦airaland Forum

He should keep his big mouth shut, they will get more in the news for good when the 2016 budget is passed. Why people speak openly with certainty their deluded imaginations eludes me.

Shut it, you lost the right to be extending advice when you chickened out at the critical time.

meforyou1:
I know about the ikeja cantonment bomb explosion. And of the yorubas that dived into canals and died out of fear.
This is a different scenario

i knew the date because i saw the bodies, the tears and the demographic distribution of the dead. You are an idiiot. The names of those who died is still on the remembrance plaque at Oke- Afa canal, i wont write anything further than that.

meforyou1:
u believe that bold-faced lie? when u recover a bomb are u not supposed to detonate it immediately?

Google january 27, 2002. Bombs exploded at the army cantomenent bomb warehouse in Ikeja, Lagos killing hundreds directly, and over a thousand indirectly.

You guys should take it easy with hatred for the govt. of the day, it is becoming nauseating when you oppose with no intellectual base.

Ucheosefoh:
My bad never bother to read the content, but you must not curse to make a correction especially if the person did not mention you or even aware of your existence. You are free to check my previous post to know I dont make unreasonable comments. Thanks for both the correction and the insult it is well appreciated by me. You must be feeling good by now

Ok, next time, do not comment until you have read the body of the message.

Rayhut:
lie mohammed

This is the sort of shallowness i am harping about , I mean ,......

Ucheosefoh:
wow lovely pairs of shoe, A northern politician should get him a shop and help get him customers for supplies BTW he is not begging he is working

Why northern politician? He is based in Lagos. I suspect you couldn't read a 3 line story, that should not take more than 30 seconds of your time. You were so eager to type, i guess your hand was moving faster than your brain, you must have spent more than 30 seconds to type the bullocks.

I see lots of comments in here coated heavily with crass stupidity, for goodness sake, it wasnt BH attack, it was an operational error by the nigerian police of bombs recovered from Boko haram in time past. If you think the sort of foolishness displayed in here is what you need as an opposition to seize power in 2019, you are in a long coma.

The OP is not from the SW, he is fooling around. He is from the SE.

i knew the dark cloud cover is not over, what accounted for the appreciation is the drop in demand when it got to 400+, as the dollar tumbled down to Naira, demand surged upwards just again, and inevitably, it will go up again.

yinmu

dunkem21:
..All hail Ifeanyichukwu Uba ..

I thought people said that the free fall of dollar is connected to the fall in oil price ..

Shut it, what does this has to do with one ifeanyi uba, i thought he said he should be contacted and needs 30 days .

It is a simple demand and supply situation. Demand for dollars dropped drastically when it peaked at 400. Very few importers of foreign goods could afford to buy dollar at 400+, so they closed shop. The cloud is still heavy, and as long as crude oil price stays low, the crisis is not over. The demand for dollar will increase as price of dollar falls to naira, and sooner there would be a tilt in the equilibrium.

He couldn't have said that, he would out of his job the next day, if he does that.

iphie25:
Pls can you help put me through how u filled in d fields during payment?

Nna this thing is stressing me out...I've gotten 3diff. Exchange rates from Access bank and I wonder why! there's 275, 486 and 340...smh. I guess I'll know THE exchange rate when my transaction finally pulls through...could be either of them or a totally diff eye popping amt sef...chai there is God!
Infact lemme PM u.

What are the challenges you have with filling the form? You have two options , either 322.05 CAD or 235 CAD. The latter is cheaper because that option means WES will send the ECA report using normal post like NIPOST to your specified address, this could take over a month to get to you, unlike the former option that offers express delivery via courier , and it should get to you in 5 days.

I think the value of 1 CAD would have dropped from 275naira, 1 USD = ~1.37 CAD so, i implore you to seize this moment when Naira is appreciating and get it done.

The president cant go through a 1,800 + pages document, he can only see the summary, but this experience should teach him to have another Special assistant for item as important as budget , it must have prompted him to appoint Ben Akabueze.

AngryNigerian:
For those that always hike prices of goods/services, basing it on dollar increase....hope say una don hear am! Expecting it to hit 200 soon!!!

Now, where's this economist who was ranting here about oil this, balance of trade that? You see that it was just an artificial hike, just like in petrol stations!!

It is not entirely artificial, demand of dollar for import has actually declined. Many importers of goods simply stopped demanding at 400, as there is little possibility they can make profit at that margin.

So what if buhari had devalued to like 270, according to those dundee big coat wearing economists that regurgitate paper economics they learnt from bretton woods institution, without attempting to streamline knowledge with native intelligence ?

I believe buhari has managed our tough times well enough, and the drought we are in will be over sooner than later.

olurotimi1:
But that looks like a US dollar rate, are you sure you registered on Canadian WES site? They charge in CAD dollar ke.

the sharp hit on Naira that plunged it to almost 400 /1 USD is the cause, ultimately, it affects CAD dollar too.

iphie25:
Hmmmm! Dts outrageous! Ninety-one gini? I hope they refund d excess o...did u try asking them why it cost that much? Aren't they supposed to use CBN's official rate?

Commercial banks are not charging CBN rate ooo, it is at black market rate. 78k was initially debited from my account, and i was frowning, 2 days after when typically such transactions are ratified, it moved from 78 to 91.5, my frown turned to crying

(EFCC) has commenced action on a petition against the new Ooni of Ife, new Ooni of Ife, Oba Enitan Adeyeye Ogunwusi and his Company named Metropole Interproject Limited over an alleged N400 Million forgery.
The alleged forgery involved the immediate past Ooni of Ife, Late Oba Okunade Sijuade Olubuse’s Business Empire.

This report is contradictory and appears like a piece of trash. Whose coy is involved in forgery? Late ooni of ife OR new ooni of ife?

iphie25:
I don't have a functional mastercard. Zenith I heard no longer authorizes online payments with their cards (am yet to confirm tho)
My test date is 5th..well over 10days.
Thanks.

They still do, i paid for WES with zenith debit card last week thursday, though i was charged an arm and a leg for the 322 CAD, 91,500naira to be precise.

This lady has got a strong personality, she is a tiger !, she is not moved, she is doing her thing. she got her heads raised up high. Wailing zombies can cry all day, all night.

HiddenShadow:
I know what I am talking of.
Investigate this government to verify what I am saying

If you have said anything, then you double speak. first you wrote "Pray they are not using our last reserve to defend the naira" , then almost immediately you wrote "I know what I am talking of".

HiddenShadow:
Pray they are not using our last reserve to defend the naira.

Well, what accounted for the close to sharp fall is not clear yet, but i doubt it is the nations reserves utilised to defend the naira.

Yes, dollar fell to the Naira yesterday and today, it was at 367 this morning from 400, last friday

Nigeria is not overpopulated, but the issue is those breeding poverty, giving birth to what they can clearly not take care of. Oga has 2 kids, driver has 9 kids. Those 9 kids are shortchanged nutritionally, educationally, emotionally, and you wonder why there won't be problem soon enough.

Who is defrauding workers with BVN?

I suspect there are lots of ghost workers afraid they would be discovered.

Nigerians must understand there are times and season. Season of plenty and famine. We had season of plenty until, mid 2014, the season of drought is upon us at the moment, this is not about PMB that is there, infact, i am happy it was not GEJ bestowed with handling this season of drought, it would have been a bad situation made worse. When the budget 2016 is passed in 2 weeks fron now, more funds will be pumped in to the system, projects will be funded. There should be a respite.

She has a worthy mentor in TY bello, i have no fears for her.

ceeceeuwa:
Certainly not! That is why prepared meters have to be supplied first before any corresponding increase...

I expect that to take the front burner. Prepaid meters before increment is what i support.

ceeceeuwa:
How stable is the power supply over there compared to Nigeria? Here we can boast of 6hours of power supply in a day that is if I am not exaggerating. My 14 months old son knows when there is power supply, and his mood suddenly swings once it is out. Is this the future we want for our children?

With a prepaid meter, will you be charged for the period there is no supply?

grandlexuz:
Who says those are the highest rates in Africa In Cameroon I pay the equivalent of 35 N/Kwh... Sometimes higher than that, because the higher your consumption the higher your per unit charge. That is not even the end of the story. 19.25% (Tax) of my consumption is again added to my consumption. I have been on this forum for so many years and can categorically say most Nigerians complain over everything. I could not help laughing when people were complaining on a 50N charge by CBN..LOL 11 cubes of sugar costs 50N in Cameroon..

Good, i guess that is why that assertion was not backed with any instances and figures.

The major problem is not necessarily the current planned tarriff or the number of hours that the power supply is available, it is the estimated billing, which must be corrected with provision of smart prepaid meters.