₦airaland Forum

Rubbish x rubbish ³ x 1 million x another 1 million. Unserious old people that did not play when they were small. If na so people take dey marry, nobody for dey single. Two of them sef no just join for appearance at all. On a more serious note, the supposed wife looks like a man. How are we sure these aren't gay couple?

pocohantas:
I done bring my leg down, e been dey pain me...
I'm fine, hope you're good too?

But is ashawo not work? It's not easy to withstand different pressure down there na. It is in Nigeria you guys use female sex workers for rituals, not right. Guys fit go kwa, if them no see female clients, they will act as pimpz.

Why noa? When I dey reason how to take help you hang your leg permanently, na him you come dey bring leg down; not fair at all o.


I nor be woman and I can't tell what or how the pressure down there feels like. Errm, I don't patronize them so you can remove my name from the list of "you guys".

pocohantas:
Ashawo is work
Though a very high risk work.
New Zealand just approved it as a skill for immigrants and I am sure so many of your countrymen will apply.

Haa!!!! Poking Pocohontas!! The girl wey sabi hang leg for burglary like say tomorrow no dey. How you dey? Hope say the leg never paralyze from excessive hanging...


As far ashawo being work, well na dem sabi. I read that newzealand thing and trust me, naija girls go soon full there.

Ashawo nor be work but them no go gree hear word.

When you rig in an advanced cow to be president of a nation, these are the type of things you'd be seeing.

itzjwizzy:
What did you study sir?

Accounting. But I've got a flair for I.T.

Good. Since she doesn't want to have sense, it's better she learns the hard way. How can you tune to big brother naija in a business environment? Does she not understand that it isn't proper?

Cutehector:
nice idea brother.. But please don't give up on your dreams.. Another country might key into your concept and fund it.

Yeah. It's what I'm looking at. Trying to save up funds to develop a prototype in China and see how effective and efficient it would be and if it turns out good, I can look at selling it to an international firm involved in defense technology. No time to waste with Nigerian govt.

Ranchhoddas:
Are you not a Nigerian?
What discoveries have you made?

The West and Asia na person name?

I'm a Nigerian and at the height of insurgency in the north during the last administration, I developed a concept/idea of how weapons,dynamites,IEDs,bombs and other forms of explosives could be detected before they get to their final destinations. But guess what? I couldn't continue on developing that idea the moment I learnt Nigerian soldiers were leaking out operational info to Boko Haram. I also have a modified version of it that could be deployed for use in private homes, hotels and offices, etc. I also have a concept idea that could be used to gather intelligence in the north east against killer herdsmen. If I was in a place like US or Europe or Asia, I know I would have been encouraged to go further.

Looking at this,makes me lose hope in Nigeria and reassures me that Nigeria can never get there until God comes. This country is hopeless. While the west and Asia are making breath taking discoveries and building things one can only imagine, Nigeria is busy battling with cows strolling through the city's capital and down to areas around the national assembly, to graze.

Really don't know much about this Nina but the few times I've heard her speak, she sounded very shallow, slow and dull.

Proudlyngwa:

They barely got schools but they rocking a venue.

Truer words have never been said.


Our society is a reflection of our education.

That caught my attention and that is just the irony of the country called Nigeria.

If an ACP can give such a reply on social media, it just goes a long way to show how daft and unintelligent most of the junior officers are. The police force is supposed to have some of the most intelligent people cos it demands high level of wisdom and intellect but in Nigeria, the people who have failed in other attempts at success in life, are the ones who populate the police force. No wonder they can barely stop crime. The only thing they are good at, is collecting bribe, extra judicial killings and accidental discharge.

When they won't take time out to check if the guys they are rolling with, are responsible. Any girl who is comfortable to roll with any man who isn't responsible, should expect something like this.

Lol. Guy man eye done clear. I can imagine the amount of mockery he'd be getting from his niggas when they sit down together to gist.

Lol. The mumu thinks he's in Nigeria where nothing works. See as those guys just dey look am like "what is he trying to do"?

Awon aiye! This is the video of buhari when he was in primary school. How did you guys lay your hands on it? It's a pity that even in old age, he still hasn't changed.

Every sane person knew this as a fact. Only daft and mischievous folks objected to it.

So sad how infidelity is on the rise. I just pray God blesses me with a loyal wife. God forbid she cheats and I find out, na separation straight. My own Christianity does not have room for forgiving such nonsense.

Lol. Thank God say I no dey carry chook my prick inside any hole wey I see. Too many evil folks around.

Unserious folks. How many people are even earning the current minimum wage? Abi is it not in this buhari regime that things are hard and companies are folding up, that they are asking for #66,500 minimum wage? Well I wish them good luck in their pursuit.

The bambam sef no fine.

These are the type of stories that depresses me and makes me scared of marriage. Would I get married and continue to police a grown woman not to go fvck outside?

aribisala0:
To yourself you are making sense

And to your own self, you think you are making sense abi? It's obvious this discuss would not end in a civil way from your tone and I think we should drop it here and move on. Have a nice time.

Lol. Nigeria!!!! What a president. Idiot of the highest order.

wirinet:
As I said the excess crude account is still operational despite there being a Sovereign Wealth Fund.




Also read this report at recent attempts to legalize the ECA.

When you want to buttress your arguments with facts, don't just copy any link you see on Google. Go to the direct source.

https://www.swfinstitute.org/swfs/excess-crude-account/

Read that and help yourself.

aribisala0:
What have ou said that is useful or relevant
There is no nation that doesn't borrow? so why hurry to pay back $12 billion. Only to start borowing again. Why not keep the $12 billion and negotiate a write-off without paying anything even if it was a smaller write off

Recently there was a Paris Club refund . Suggesting we overpaid. Under her watch. Why ay if you are going t borrow why not ccept whateer negotiate the write off figure. Why was it only Nigeria of all the African countries.? Whatevr the case do not tell us she helped negotiate anything. That is nonsense

What do you mean by rush to pay $12bn? Do you know how long the debts had accrued for? They do not owe Nigeria an obligation to write any debt off, in the first place. Someone has owed me money that he couldn't pay back and to get a part of it, I had to ask him to forget about a certain amount and pay the difference. At the end, he still couldn't pay it. We could go on and on about this thing and you still won't see anything in it. I want to believe that you'd understand more about this debt thing, if you have substantial knowledge of economics,credit and finance. There is no developing country that can develop without talking loans and that's a fact. Secondly, you can't insist on not paying loans that had accrued for several years. We had the option to keep servicing a $30bn debt or pay a % of it and get a write off for the balance. It only made sense to take option two, than to take option one. You don't hold the aces as a debtor when negotiating with your creditor.

aribisala0:
Are we not back borrowing again?? Have we not borrowed a lot more from China and others . In fact Kemi Adeosun at soe point was saying we are underborrowing
Today foreign debt is over $15 billion

Waste? Do you know the figure used in servicing the debt? How much do we use servicing debt today and mind you some debts are not yet mature

Others would argue if we put 12 billion into our economy it would have had a multiplier effect. Especially in power and railways

12bn in power and railway? Obj put $16bn in Nepa; do you have steady power supply as at today? What then is the guarantee that that $12bn would have been properly utilized when we haven't seen multiplier effect of $16bn? There's almost no nation that doesn't borrow or owe debts. The thing is that you shouldn't exceed your debt ratio. Governance is like running a business. Companies do not empty their accounts to carry out projects. They take loans to augment budgeted sums allocated to such projects.

wirinet:
Sorry to say, but you are talking from a position of ignorance. Excess Crude Account (ECA) is not the same thing as Sovereign Wealth Fund. Excess Crude Account that excess monies realized from sale of crude is kept. This excess crude money is the difference in revenue based on the budgeted crude price ( which is usually lower than the actual price) and the actual amount realized from the actual price.
This excess crude account is illegal because all revenue should first be paid into the consulated revenue account before it is shared.

The sovereign wealth fund however is contributions (mandatory ) by all tiers of government after they have received their share from the federation account. The contributions are to be managed by a body called Nigerian Sovereign Investment Authority, headed by the president and having all state governors as members.

The sovereign wealth funds was to act as investment for all tiers of government and as savings. The SWF was initially funded with $1billion take off grant from the federal government.
See http://lawnigeria.com/LawsoftheFederation/Nigeria-Sovereign-Investment-Authority,-%28Establishment-etc%29-Act,-2011.html for further information

The establishment of SWF did not cancel the ECA.

Okonjo-Iweala was talking about excess crude account and not Sovereign Wealth Fund. Are you telling us madam world Bank does not know the difference.

Up till date, the ECA is still in operation and it was from there Buhari was said to have illegally withdrawn money to pay for the helicopters.

Don't argue blindly. The Excess crude account is an illegal account and to bypass the technicalities and legal issues associated with it, the sovereign wealth account was created. The money that goes into that account, is money that comes from the excess profit made from sale of crude which used to be stored in the excess crude account before. I followed up on this drama all through the period it was causing problems and I'm well updated on how the swf account came into being. Swf account is same as ECA but this time, with legal backing.

aribisala0:
If you believethat you will believe anything.

The reality which has been echoed by Soludo is that we got a bad deal a terrible deal

Firstly most of those loanss were bogus or unverifiable we couldd have bargained tougher , Most African countries had their debts written off completely but the Paris club saw we had cash and took what was the largest single debt payment in history. I am not sure I agree with your figures buut let us leave that.

The fact of the mattter is we could have played hard ball and driven a hard bargain. Ngozi had divided loyalties and arranged a deal which has helped secure her carreer future as the darling of the West. That money could have transfrormed our econoomy in the power and rail sector . We had no need to pay it off and could have continued servcing it if we cannot pay will they seize Lagos??. The politicall climate in the West was for a debt Amnesty and Nigeria was the only country that made a meaningful payment because they saw the cash and they knew that most of the debt was bogus. We all remeber the amnesty campaigns


Again now they see a little cash and are giving us deadline to pay for helicopter and someho that is being touted as an accomplishment

The funds we were using to service those debts was a waste and the debts accumulating to $30bn was cos we weren't even servicing earlier debts taken. Nobody would seize Lagos if we do not pay but let's not forget that we don't even have an economy that can stand alone and is buoyant enough for us to say we won't take loans again. Despite all the talk of OBJ helping to clear our debts, he still left a debt burden of over $3bn when he was leaving. Ngozi might not have been a 100% committed to Nigeria in the debt canceling deal but here is something you should know: the Paris club would never have written off our debts a 100%. Reason is that Nigeria is an oil producing nation, and we're actually richer than the smaller countries that got 100% debt relief. Failure to sort our debts with the IMF and the Paris club would have given us a very poor credit rating on the international scene and we wouldn't have been able to access any form of loans on the international scene and even if we get, it would be at very high risks. Moreso, a complete refusal to honour our debt repayment could lead to our assets overseas being seized and all sort of political issues could spring up. Way back, countries went to war when their debtors refused paying back their debts. Example is the United States occupation of Haiti in 1915.

Yo

Yo