₦airaland Forum

NOETHNICITY:
Even in the USA suspects are kept in detention until investigation is concluded
Lots of terrorists are kept for as long as one year in custody

Everybody gets a bail hearing..

And there is a human rights commission in this country ooh.

A whole paragraph on the arrest with no mention of evidence to back their assertion.

ba7man:
In the 80s under Shagari's administration, Nigeria's new found over dependence on importation depleted our reserves to a record low that could only last 6 months.

Buhari took over in the midst of economic downturn to introduce austerity measures to save the country but he took the blame inatead.

G.E.J in 2015 had depleted the reserves again and fall in oil prices exposed our economy to recession. Buhari took over again and has managed the economy despite COVID-19 further damage.

Learn to read up and arrive at logical conclusions void of sentiments and band wagon mentality.

No need to be condescending, if I has known that you were going to be condescending I wouldn't have bothered.

All I see in your rebuttal is an argument based on oil, oil and oil as if Buhari is President of Oil.

Not only have you mischievously chosen the data points to make your arguments you have also twisted the narrative to suit your agenda. A classic double tragedy.

There are 8 Heads of States counting from Shagari down to Jonathan inclusive.

Yet you cheery picked the ones that suit your narrative.

Nigeria's finances were also in an absolute mess in 1999 when Obasanjo took over. The nation was reeling from years of plundering by the Nigerian Military and the situation was bleak.

Yet Obasanjo courageously set himself on an agenda to privatise several sectors of the economy and turn around the economy. He armed himself with experts (not withstanding their ethnicity) and set to work. Some of which include, NOI

Those efforts have today yielded the Telco and private education sector, as well as various manufacturing concerns such as Dangote.

Unlike Buhari he understood that opening up sectors of the economy where only government had patronage was essential.

Buhari on the other had has been busy restricting entrepreneurial activity and chasing investors away with his parochial sentiment.

Buhari lacks the capacity to lead a multi-ethnic country such as ours. We remember how Obasanjo death with OPC, can Buhari do the same to kinsmen?

ba7man:
The fall of oil prices and COVID-19 crashed the economy.

This is common knowledge.

Like I said tell yourself what makes you happy.

Buhari is the only head of state to deliver a recession in the history of this nation.

Did it in the 80's did it again in the 20's.

Nobody else has put Nigeria In a recession once let alone twice.

I can't wait for him to leave office in 2023.

1k pere...

Focusmind:
Good!

I am not a fan of Buhari but sometimes, the Soviet era kind of system is what fits Nigeria and Nigerians. We keep complaining about naira falling against the dollar yet, most Nigerians, especially the middle class and the rich, keep storing their wealth in dollars. What do you expect? The pressure on naira will continue. Nigeria is not a productive economy. We import most of the things we consume and you expect the naira not to fall.

Billions of dollars are sitting in peoples domiciliary accounts doing nothing. Government is not a magician to stop the free fall of naira. It should be collective effort. Agreed that the government has a role to play in arresting the free fall of naira, the citizens are also culpable. our penchant for foreign goods knows no limit. Everything in this country is "dollarized" and the government is also contributing to this dollarization.

However, some hard measures are needed to save the situation. If nothing is being done about this free fall, dollar will hit N2000 per $ by end of next year. People are offloading their naira accounts and changing them to dollars and pay them into their domiciliary accounts. These are the things that continues to pile pressure on naira.

Let me run a little riddle last you and see if you can decipher.

The FG sells oil and gives its dollar proceeds to the CBN for exchange of Naira.

That is the fundamental mechanism by which the Naira is created.

This means that every Naira in circulation should be backed in turn by foreign currency of an equivalent amount.

So why does the Naira keep falling against the dollar?

The answer is the FG goes behind your back and double dips into the Foreign Reserves via all sorts of instruments.

It is not the excessive importation of goods that causes the Naira to fall.

The FG is currently indebted to the CBN for 15trn in overdraft.

I suspect that this overdraft is the one really piling pressure on the currency and not importation of goods.

Difrent:
Whatever gains you make will be taken by p2p dealers when you want to convert it to naira....its just a waste of time keeping your money in USDT

Lies..

USDT rate is currently higher than BDC rate sef.

All we need right now is professional custodianship of crypto assets.

Gbam!

EngrXrix:
It appears you have no clue what these tech companies do with the data you agree to share with Them from your cyber space. If you did you would agree they must be regulated.

Nigeria has already passed data privacy laws..

Data privacy transcends just tech and includes even healthcare. Let the government enforce its data privacy laws and not pass a startup bill.

rosinkkit:
The crash in OIL PRICE crashed the economy, not Buhari.

The nation could not cope with the price crash because the Jonathan regime looted the treasury, and saved little if anything.

Continue telling yourself what makes you sleep well at night...

treatise:
That's not the plan; the northern hegemony wants to bring Osinbajo or Jonathan on board with their element as the deputy then eliminate the C-in-C through poisoning or any means. The Deputy rules for the first four years and subsequently complete the second term.

You watch too many movies..

This is why you crashed the economy?

EngrXrix:
let's be honest with ourselves. The tech space is in much need of regulation. It is because the tech space is unregulated and unchecked that's why u see these digital loan companies sending unsolicited messages that defame ones character to your contacts when you default on a loan. The space is in much need of regulation. Let's tell ourselves the truth. Mind u before u come and say I'm a northerner I'm actually a southerner and an enlightened one for that matter.

What sort of false syllogism is this?

When did loans apps equal all of tech?

If you want to regulate loans apps go ahead and don't give the devil a sledgehammer to flatten the whole industry.

It's not a practical design..

You maybe sensitive to cyanide..

Failed state 101

So Amnesty repackaged?



This is a Bobby trap for the next president.

Peace at the pleasure of the DSS is not peace.

What happens when the next president decides to stop paying them and prosecute them?

The root cause of Book Haram is ignorance not absence of 2bedroom flat and plasma.

The North needs to scrap Sharia and force it's general population to school.

Decades ago Boko Haram was a group of non violent people who had radical opinions of western living, same with the Taliban.

Today they are fighting.

Bottom line, it always starts with radical opinions.

There are radical groups in the North that are simply preaching today, tomorrow they will be fighting.

You have to get to the ROOT of the problem to effectively fix it.

Thanksful:
Dollar is about to rise against naira. I need to get my hands on some dollars.

Why do you think so?

Changed indeed.

This is crazy.

20 wetin?

AstroG:
How can u compare a 3.3L V6 Engine with a 3.5L V6 Engine


State ur Facts right next time

The 3MZ is a much more rugged engine.

Moorish:
I don’t rate buhari’s presidency

However on this grazing reserves thing, I see a lot of ignorant comments here

You all know the southern lands have more greens

The north doesn’t have as much greens

So cow herders will end up in the south whether we like it or not

What do you advice ? We continue having murders and clashes between farmers and herders ?

The president is only taking this decision to end the conflicts

Let them lease land for grazing purposes from the state government.

That is what everyone is saying..

Hmmm.......

I'll be back

Roforofo fighting...

Smoke weed cos wetin be that?

Award wey federal high court go reverse..

The original charger for the Redmi Note 9 Pro is a 33W charger that can charge laptop too.

VINASPLACE:
Please I need help in making the right Choice.
I'm torn between
Lexus Es330
Toyota Camry 2010
Toyota Corolla 2010
Which of these cars can handle a slightly bad road
I don't really go out much I run my business from home but the road that leads to my house is bad and Suv is not an option since my hubby already owned one. Thanks.

I was most recently faced with this decision and I went with the ES330.

The 3MZ engine is better more reliable than that coffin inside the 2010 Camry.

Suspension feels stiffer and better too.

I don't to talk about the interior, you can look and see the difference is 7up for yourself.

The only thing es330 has against it is that fish type shape which is supposed to help with the aerodynamic airflow.

Just get the 05/06.

Sounds a lot of bull..