₦airaland Forum

Mazeltovscotty:
you are agglomerting series of economic faux pax.
Bond is a financial indtrument used by the government through its Apex financial institution to control the money in circulation internally. Although there are other uses of bonds but have you seen any sane country using bond to pay external debt?
We are talking about the necessities of borrowing as a nation not payment of debt. That is why I said many nairalanders lack the basic understanding of economic management. No Nation on earth specially PRINT more money to pay its external debt. Definitely if you become the president of a nation you will surely plunder your country into economic woes. You cnt make a good economic manager.

Obviously you Know nothing about Bond.

Control of money in circulation is the least purpose for issuance of bond

I suppose it's been long you Left school...

Gaddafithe2nd:
Seun and Femi are protestant musicians. They still condemned the governmŕent. About Femi disassociating himself from Tuface's planned. Yes, he did the right thing. I watched his interview on Hiptv, he said, "he asked Tuface that the protest he wants to embark on, was he planned by him. Tuface said no, that some certain people told him to do so. He now asked Tuface, who are those people? Tuface couldn't answer".

And they haven't been vocal in full force against APC's government as they did to Jonathan?

What I see here( maybe wrong) is "Our Egbon" effect... Talk about Osibanjo

The judgement shall be appealed , appealed , appealed until it's repealed!

End of story

Mazeltovscotty:
it was not an assumption but bold fact. As well, your writeup shows that you have little or no knowledge about world economies (pls take no offence). Economic viability is one thing while being debted is another thing. There are so many debt free states that are not economically viable unless you want to prove otherwise.
Secondly, it is a poor economic thinking to have thought that America can print its own dollars to pay off its external debt. If you were the president of Nigeria, would you order CBN governor to print more naira to pay off you internal debt?

You compare a "third world country" Nigeria that borrows to consume , with US world leading Economy of US that borrows to invest? ...are you not hallucinating?

If America converts as many dollar to bonds are they not printing currency to pay debt? What else is that?

You go and use your worthless Naira to pay foreign debt

Mazeltovscotty:
American debt profile is as big as its econony.
Only a few people with basic economic and financial knowledge would understand this.

How do we make up this assumptions?

The reason American can owe such and still remain solvent is the capacity of the economy to generate wealth.

Secondly , the US dollar is world's] legal tender, that means that America can print dollar to pay it debt anywhere in the world ,so in essence America is owin nothing... , but Nigeria government can not print Nigerian local currency,the Naira to pay it debt around the globe , nobody knows your Naira . paying your debt means you have to source for Dollar to do so

So you guys should come try to come up with another logic why APC should mortgage your future with debt

Mazeltovscotty:
American debt profile is as big as its econony.
Only a few people with basic economic and financial knowledge would understand this.

Hmm

They used to be outspoken against tyranny and injustice especially during"occupy Nigeria" to oust Jonathan

But now we are seeing worse form of governance and terror ,all of a sudden they went silent. With Femi even disassociating himself from Tuface planned protest

We are watching hypocrisy

thundafire:
Didn't u vote him mumu

At least he has realized his misdeeds and he is better than those zombies on this Forum who still can not see the handwriting

You told us that you are going to solve a problem, and we voted you, and now you are telling us that you met a problem, what do you expect to meet?” he asked.

I don't know what Buhari was expecting to see, perhaps cattle colony ?

Even worse case is that the governors have unhindered access to their state's treasury .

The reason he is building ecumenical center for them with tax payers money?

Man u the "L" squad

God forbid!

Alexk2:
I'm excitedly replying you bumper to bumper cos of your matured response; thanks.
Meanwhile, I'm not sure if it's true that the SE are the most affect cos I don't have "all" the facts needed to arrive at such conclusion...nontheless, I know very well that buhari appointments accross board is way too biased and unfair in every sense but mind you, I'll personally won't care at all if his govt have been living to expectation and working to make Nigeria great.
About you first question, the north don't have to like or accept an igbo president as long as that is what the majority want (through the ballot)....same way some dislike/reject buhari but the majority spoke at the ballot.
What you should worry about is the nature of politics been played by an average SE politicians(I'll call it local champion politics if you permit me). You can play that type of politics and win all states in you domain but never can it win a presidential election. While other geopolitical zones are forming alliances with each other, SE seems to be sleeping and sometimes like it happen in 2015, they'll put their eggs in one basket. No matter what is been promised and whoever made the promise, an igbo president cannot happen in Nigeria until southeast politicians change the game and embras others/Nigeria sincerly. Politics is a game of wit my brother.

This is completely erroneous.i don't know how we make up this assumptions.

South East politics has always tilted towards the center, please check your facts.

And South East has always formed alliance more than you can imagine.even more so South East have had better partnership with the North more than any other southern region.

First and second republic government was between South East and North...in Leadership of TAFAWA BELEWA AND AZIKIWE; SHEHU SHAGARI AND ALEX EKWUEME.

Even in military we had Ebitu Ukaiwe and IBB.

This is the first time we are having an opposition party in government and South East duly voted for the ruling party PDP... Don't forget that ALEX EKWUEME was largely instrumental to the formation of PDP but he was schemed out of the party making way for OBASANJO and South West.

So nobody should use that"over flogged argument" of South East politics to deceive us.

The South East had their doubt about Buhari's Nepotism as a leader, that was why they never voted for him...and true to that concerns, Buhari has shown that the South East was right after all by not voting him and APC through his actions and utterances.

For a leader (supposed father of the nation ) to open his mouth and call and entire region "5% " shows how callous a person his is .
So we put our eggs in basket ,it was certainly the right basket.

Am even only seeing the wonders of "INFINIX HOT5"

I think I like the crispy Camera!

EazyMoh:
Interesting Interesting
I know someone like you must paint it that way. Can't you see the so called middle belt has about 70% of the AIGs. Many Northern states also don't have an AIG.
This is despite the clarification that the promotion to AIG has nothing to do with quota system or federal character.

We are talking about an entire region been deliberately left out and you here comparing it with few Northern states not having a slot?

Does that sound reasonable to you ?

Segzee1:
Thanks for replying.

Just like it is written in the article above, the kind of flogging here mentioned is different from that of your tradition. The flogging is a serious one and it is being carried out by young men from the bride's family.

It is believed that if the man is able to withstand the pain definitely he truly love the lady and also he would be able to protect her from any form of danger.

I didn't see anyone flogging governor Ajimobi's before he got married to Ganjuje's daughter ?

Or he paid for someone to receive the flogging on his behalf?

Alexk2:
now you're derailing from this primary issue here..meanwhile, I'm equally worried about the inequalities in the appointments by the fg but stop being sentimental; SS, SW, NC and SE are all affected not just the east pls....even some states in NW where the president come from are bitterly complaining over maginalization.

No. It's just the East that is affected the most , check your fact .
I didn't just mention service Chiefs, I also talked about para- military . every other region is represented apart South East
I don't know what sentiment got to do with demand for fairness and equity ?

Do you really think the North would accept a president of Igbo extraction or Southerner appointing service Chiefs without a Northern content?

Anything that can hasten the removal of the BuBu is a welcome change

0monnak0da:
Yes my academic background is indeed way above average.I am proud of that and to that extent I can beat my chest and repeat "the day has not come when an Aboki would lecture me." That is the bitter truth. Maybe if I wanted to study Hausa Arabic or Islamic Studies which won't happen
The standards we have are very different.

If you were a thinking person you would not focus on the proxy Time Award but ask what did he do to achieve the award.

I can tell you for free: Propaganda. He bought cheap publicity and made a lot of noise. Thaat is the simple truth.
Many of the things Time Magazine credited him with had either happened before he got into officce or quite simply were beyond the purview of the CBN governor

You see exactly what I am talking about Mr Aboki.

It should be " EMBOLDENED" not the BOLDED.

That is just an unpardonable solecism. If anyone was to do a lecture it would be me.


Like I said tell us what Sanusi achieved ,(One thing) and you have come up with a procured award founded on LIES.

Are you afraid to articulate it yourself. Why quoting TIME .

Tell us one thing he did

Did Sanusi have the power to order mergers of banks?

Tell us which banks merged under Sanusi

All the mergers are happened under Soludo. That was when the consolidation took place so save that lie for Time Magazine or CNN .

The CBN governor does not have the powers you credited to him. Those are political government functions and the proper credit for consolidation in the industry should go to Obasanjo's government because that is when they happened

The truth is Sanusi was disgraced out of office. He went to court and then quietly withdrew the case.
He is the only CBN governor to be so disgraaced in our history
The truth is Sanusi started DONATING money to his kin in Kano an unprecedented action for a CBN governor
The CBN governor ,not just in Nigera but all over the world is not a role for achieving awards .
The CBN governor does not have control over fiscal policy and so the credit gven to Sanusi is just fraudulent.

The truth is the man was an attention seeking egotistic politician who used propaganda to procure a dubious award.
All of them Okonjo-Iweala, Soludo and so on have been winning awards all over the place. That does not fool anybody.

Rather than point at the award tell us . WHAT DID DE DO . Keep it simple List only ONE THNG please

How can you with a straight face claim Sanusi ordered bank mergers. Can forced bank mergers occur without legislation. Who made the legislation and when? How can credit for that be given to any CBN governor? Have you ever lived anywhere outside Nigeria?
How often do you hear the names of the CBN governors anywhere the way we heard Sanusi's name?
The guy obviously wanted to use the office as a political platform but the reality is he did not have the authority to do the things now attributed to him or to donate money to his Kano people as he did and he was suspended and disgraced out of office.

The primary function of the CBN is a collegiate one not a function of the governor personally i.e Monetary policy.

SANUSI came to CBN with a sinister agenda to change the balance of power in the Banking industry.

If not How does a "Bank of the North and Unity Bank" remain solvent and operational when the likes of Afribank , Oceanic and intercontinental with larger capital were declared insolvent by SANUSI?

If SANUSI was truly sincere ,the best he would have done is ask the shareholders of those Banks to increase their shares through private placement or public offer instead of creating unnecessary panic in the industry which led to financial crisis

I blamed Jonathan's Administration that allowed him to get drunk for so long

Alexk2:
you still don't get it. states with highest cut-offs are still well ahead in terms of the number of students that qualifies. The high cut-off mark is only not to overblow the capacity of those unity schools and not to shortchange any state or region...

I got everything.

The question also is why don't the federal government use quota system to balance the appointment of service chiefs in the military and para- military?

Why do they always use it to favor the North and undermine the East?

They ban sale of achoholics but they will gladly collect their share of federal tax generated from achoholics ?

Bundesliga na yeye league. I prefer Eredivisie of Holland to that one club league

Justice delayed only emboldens evil perpetrators.

This is why I don't like Democracy

If this man was in China ,by now he would have been eating " egusi soup with his ancestors"

Hmmm this kind of statement is pitching both APC against APC and PDP against PDP

I can see APC fellas against UZOR KALU , because they would claim Buhari is fighting corruption and he doesn't need to arrest OBJ to proof. Even knowing fully well that Orji kalu is their stalwart

Also PDP supporters are against OUK, because they feel OBJ has become Buhari's number.1 nemesis


So the final resolution is that Buhari should Kukuma not fight corruption

Politics of interest...Interesting!

Firstpage:
Do you realize that quota system is practiced by uefa and FIFA?

why would Panama be in the world cup at the expense of Italy?

why would Besiktas be in the champions league at the expense of Arsenal?

answer: quota system.

You ibos should learn to live in peace with others and not put greed into everything.

I don't understand your reasoning .

Panama belongs to A FIFA FEDERATION(CONCACAF) that has only 3 representation in World cup and you compare them to ITALY that belongs to a FEDERATION (UEFA) THAT HAS about a whopping 16 and you still asking why PANAMA got a slot


ARSENAL belongs to a country (England) that has 4 champions league slot and BASIKTAS belongs to Turkey that has 2 champions league slot you still asking why they are allowed to be in the competition?

Cant you see a question of competition driven Arsenal and Italy out and and merit keeping Panama and BASIKTAS? Is that too difficult?

Firstpage:
So also admission into unity schools. Southerners are still far more than northerners in these schools. what else do you want?

You were the one that brought the issue of quota by UEFA .
Like I mentioned earlier, there are a whole lot of things we can do to increase school enrollment in the North, not quota system.

1.We need to address unsustainable population explosion( our birth rate must be in tandem with available resources and projected growth.)

2. religious beliefs as a barrier to Western Education has to be addressed.(you know the meaning of Boko Haram)

3. The Sense of entitlement of using politics to control resources and rule the rest of the country has to be checked.-- Northerners will do anything to manipulate election figures and census figures to their advantage but do little to invest in Education.

I remember a particular year that an Emir in the North told parents not to allow their wards to be immunized against Polio , his reason been that "the West wanted to reduce the population of the North"
That is how daft our leaders can be

Stingman:
You don't get it...

We are for justice.

There is nothing wrong in giving advantage to those who are behind...but we are saying that this principle should apply to all sectors.. like giving the easterners opportuinity to meet the north in the military and paramilitary sectors as well.

Is this wrong?

End of discussion.!
That's one thing FULANi slave Masters and their servants never consider

[quote author=QuotaSystem post=65798260][/quote]You are actually the one believing everything you read on the internet... because I can bet my middle finger that "Abraham Lincoln" didn't make that statement

You know why?... there was nothing like the internet when Abraham Lincoln was alive . Lincoln is my hero and I sure know certain truth about him

Try harder ...

[quote author=Firstpage post=65797968][/quote]Quota system by EUAFA actually works in the opposite of the discuss.

The teams from countries that perform better in competitions are rewarded with extra slots.

For example ITALY had for the past four years ,3 clubs representing it in the Champions league, while the likes of England, Spain and Germany had four.

That is because Italian clubs were doing badly in the competition.
So their's is a reward system for extra motivation

When the rented crowds were chatting at Plateau state and Taraba, the useless Festus Keyamo went dancing naked on social media

Now that crowds were barred from protesting and journalist prevented from their duty , you won't see Festus Keyamo and Lie Mohammed

Alexk2:
No need to go sentimental over everything now. the question that should be answered is; are they giving the quotas that belongs to Anambra to Katsina? When you cross-check the overall candidate list entering our unity schools yearly, you'll discover that over northern brothers are far behind despite this so-called ridiculous cut off mark. The cut-off mark isn't in any way shortchanging the south pls.
I'm interested in seeing a significant increase in the literacy level in the north as the solution to the numerous violence all over the place.
We love bringing sentiment into everything in this country.

In that case it will be just to increase the slot allotted the states with the highest cut off.

There are better things we can do to increase overall access and interest for education...not the way FG is going about it

If some people don't want to go to school, you don't force it .

"You can not strengthen the weak by weakening the strong"

Abraham Lincoln

Let them start from the basics, addressing a problem from the roots.

Every year we see JAMB and WAEC publish the details and performance of individual states coming tops in examinations gaining admission in the Universities.

We never get to see the likes of Kano indigens at the top .it has always Been IMO state and the rest in the South.
So where do they hope to get the pool of talents to fill the positions ?
If you don't get it right at the basics you end up playing political "witch Hunt"