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PoliticsRe: Identities, Names Of Masterminds Of Owo Church Massacre Released By CDS Irabor by Cognitivereason: 9:52am On Aug 10, 2022
stuffs4me:
I am too DAFFT&BIGOTTED to be reasonable.

Go and read about the Catholic killings of Ozubulu in Anambra state and stop DISGRACCIING YHURSELF on social media.
PoliticsRe: Identities, Names Of Masterminds Of Owo Church Massacre Released By CDS Irabor by Cognitivereason: 8:00am On Aug 10, 2022
stuffs4me:
You are too DAFFT&BIGOTTED to be reasonable.

Go and read about the Catholic killings of Ozubulu in Anambra state and stop DISGRACCIING YHURSELF on social media.
rest...this was not committed by church members but by Muslims of Ebira possibly fulani or hausa tribe under the sponsorship of ISWAP
PoliticsRe: Identities, Names Of Masterminds Of Owo Church Massacre Released By CDS Irabor by Cognitivereason: 8:10pm On Aug 09, 2022
stuffs4me:
Stop being very st00peed. I knew it couldn't have been Fulani.

The Owo killings has every indication of an inside job and Catholics should search within themselves for the perpetrators are within their fold.
dont be f00lish either

why will a church member, a catholic mastermind such to what gain?

that incident couldnt have been carried out by none other than terrorist who are largely muslim..
PoliticsRe: Identities, Names Of Masterminds Of Owo Church Massacre Released By CDS Irabor by Cognitivereason: 7:47pm On Aug 09, 2022
it best they release their faces and parade them...
names are not enough
PoliticsRe: Identities, Names Of Masterminds Of Owo Church Massacre Released By CDS Irabor by Cognitivereason: 7:42pm On Aug 09, 2022
stuffs4me:
I find this hard to believe.

Why didn't the Police handle the investigation. The military cannot handle such investigation as delicate as this.
just keep quiet or say You want to see fulani names not kogi
PhonesRe: Call, Data Costs To Double As FG Invokes New Telecom Tax by Cognitivereason: 9:44am On Aug 09, 2022
lexy2014:
How did you arrive at this conclusion?
you asked such question because you doubt it..

in infrastructural projects ..Buhari outclass any administration between 1999 and 2015..the only administration that comes close is that of Ibrahim babangida and Abacha..

if want an argument (which you want)

mention all the flagship projects done by OBJ, yar adua and GEJ...then I will mention all the projects completed and will be completed under Bubu's tenure
PhonesRe: Call, Data Costs To Double As FG Invokes New Telecom Tax by Cognitivereason: 9:38am On Aug 09, 2022
luluosas:
Benin Bypass started and commissioned by the Obasanjo administration for 2BN. All through from Benin - Lagos Road to Benin - Sapele Road, with 4 flyovers. At least, my memory is still intact here. Thank you.
lol..so that is all a whole OBJ can do..even the federal road that leads to obasanjo's farm in ota and his home is under construction by this same administration

then what about yar adua and GEJ combined they also spent 8 years in office.. the only road they built is the enugu- bamenda highway which they didnt even complete...and the enugu-onitsha highway which they did not even 50%of the total length..anambra state government built some parts including the iconic flyovers...



buhari started and completed the lagos ibadan railline (over N600 billion /$1.6bn) and extended it to the apapa port which is still ongoing..
the Lagos - ibadan expressway that obasanjo claimed he built and GEJ claimed he is building(N300bn+) apapa - oworonshoki-ojota (10 lane concrete highway for N97 billion), 2nd niger bridge that GEJ started on paper(N414 billion naira), 2nd ikom bridge(N9 billion), bodo-bonny bridge (N120 billion)..ikorodu-sagamu (N30 billion).. 376km abuja-kaduna-kano highway(N779 billion naira), 222km abuja-keffi-akwanga-lafia-makurdi expressway with the rehabilitation of the benue river bridge, porthacourt-aba(10 lanes),lagos abeokuta highway ...
there is no administration that has invested this much into infrastructural projects compared to Buhari..the only administration that comes close that of ibrahim babangida and Abacha...

funny enough some of these projects have been commissioned..most are over 80% completion and will be commissioned before his tenure...the only project that can never be completed within this administration's tenure is kaduna -kano railline, lagos-abeokuta and abuja-kaduna-kano highway
PhonesRe: Call, Data Costs To Double As FG Invokes New Telecom Tax by Cognitivereason: 3:44am On Aug 09, 2022
jimcaddy:
I have never seen a government as stupid as this APC led federal government. Buhari should just leave. His tenure had been a total disaster. You are saying people should not steal. You are saying there is high rate of kidnapping, stealing, robbery, banditry,yet you are increasing hardship on your citizens. Minimum wage is static, salaries are not increasing, rather they are going down. Many companies can't even break even. Many are finding it hard to get by. Yet all this useless government thinks of is to increase tax just because the stupid oil money is not coming in like before and the government is spending so much on recurrent expenditure which is skyrocketing on a yearly basis. Few capital projects, but many recurrennt expenditure. The Nigerian government is living way beyond its means of income. Instead of the government to cut costs like the Buhari led Apc government promised before they got into power, they refused to do that. Now any little thing, you impose tax. As if the tax already imposed is not high enough, you impose more tax because you're looking for more money. We have natural resources other than oil that God has given us in abundance. But we are so lazy in Nigeria. We have a very lazy government and and lazy government workers who only want to be collecting salaries and live flamboyant lifestyles at the detriment of the common citizen. Yet the APC still blames the PDP for this mess even after almost eight years. Now they still want to cling on to power after failing Nigerians. But guess what, Nigerians have coconut heads. We will keep making the same mistakes and still expecting a different result. We deserve our leaders and deserve what we are getting. Nothing will ever change as long as we keep doing the same thing all over and over again.
first of all...let be honest this government has more capital projects than the entire 16 years of presidents who ruled under the opposition..you cannot deny that fact..otherwise mention one project you can remeber obasanjo for ,GEJ or even yar adua...but there are projects that no matter how you anyone hates Buhari...he/she will will always know he is responsible for


there is no realistic way of cutting government expenditure to save something significant...except you want to cut the salaries of federal government workers(from the military,para military to all civil servant)...and cut from the insufficient cost of delivery some services to the country....the only thing you want government to do is to cut from their own salaries especially that of the national assembly because it is only their salaries and allowances that are unjustifiable compared to the presidents...

this year NASS budgeted N134bn...if that money is reduced by half(which is impossible because no senator will approve it)...N62bn isnt what is sufficient to match growth and development...plus you should know that the reduction is more in the hands of NASS than in the president

some of you dont know that the development of the country doesnt rest in the hands of buhari alone...states, LGA has shares in it..

even if Peter Obi wins...he cant push this country faf if he was to depend currently on what Nigeria earns as a country..otherwise he will end up borrowing loans
PhonesRe: Call, Data Costs To Double As FG Invokes New Telecom Tax by Cognitivereason: 3:30am On Aug 09, 2022
lexy2014:
Mr. Subsidywise18, am sure govt is moving in the right direction
it not in the wrong direction either...if that is what is needed to generate more revenue to service debts, subsidies etc...
assuming you were not cynical... why will 5% charges on airtime and data push operators to double their prices instead of only increasing it by 5% only...that should be your concern instead of the taxes..

you think we will ever get better if we continue to depend on Oil revenues only..even Obi knows this and his being cunny about it..if the country should get any better...fuel subsidies will have to end..we should begin to begin to see toll plazas for better roads..power sector will have to be deregulated so that those who bought part of the sector will see their profit and be willing to invest in it...

when VAT was increased from 5% to 7.5%.. services from banking,utilities like electricity etc..only increased by an extra 2.5%..how can we have gdp of $410bn+ and only 6% tax to gdp ratio...mention one developed or developing country you will find such..
PoliticsRe: Governors Ask Buhari To Take 33 Steps To Rescue Nigeria’s Economy (Full List) by Cognitivereason: 1:56pm On Aug 08, 2022
Olurondo:
The governors proposing these are very dull.Very absurd proposal.All I see here is reduce cost and increase taxation,in my opinion that can never being Nigeria out of its current economic mess. Taxation works well in countries where there is high employment rate but such is not the case in nigeria.How do you tax people who don't have jobs or are underemployed?That is what happens when irresponsible government fail in creating jobs.The solution is diversification of the economy,creation of jobs by intentional government policies and programs and infrastructural restructuring and development.
And where do you expect the government to get Financing for all this?..

Isn't through taxes .
Hope you know that most of the spendings by state and LGA comes from federal allocations.. federal allocations are generated mostly from custom duties and taxes...
PoliticsRe: David Hundeyin: FG Approves ₦1.4 Billion To Buy 10 Vehicles For Niger by Cognitivereason: 1:50pm On Aug 08, 2022
bukatyne:
Spending N1.4t is a biggy for Nigeria today.

We don't even have a tenth of that to spare.

The issue is not the gesture, it is the timing.
.

It N1.4bn..
PoliticsRe: David Hundeyin: FG Approves ₦1.4 Billion To Buy 10 Vehicles For Niger by Cognitivereason: 6:27am On Aug 03, 2022
bukatyne:
Is this an attempt to justify this madness?

Is Nigeria in a state to 'support' any neighbouring nation with N1b plus?
Nigeria has benefited a lot from grants as well...we have received more than N30 billion in one day from a single country in aids and grants..those countries were in the heat of covid at that time..sending N1.4 to another is no biggy..but that contract is filled with a fireball of corruption who buys 10 vehicles for a billion plus
PoliticsRe: David Hundeyin: FG Approves ₦1.4 Billion To Buy 10 Vehicles For Niger by Cognitivereason: 6:25am On Aug 03, 2022
Nigeria has benefited a lot from grants as well...we have received more than N30 billion in one day from a single country in aids and grants..sending N1.4 to another is no biggy..but that contract is filled with a fireball of corruption who buys 10 vehicles for a billion plus
PoliticsRe: Buhari To Foreign Envoys: We Have Made Progress Against Insecurity by Cognitivereason: 3:57pm On Aug 02, 2022
lol grin grin
CrimeRe: Policeman Threatens Rufai Oseni Wth Gun. Broadcaster Says He Will Call Governor by Cognitivereason: 2:46pm On Aug 02, 2022
Yankee101:
If them shoot you for bush throway now nko?

No matter your status, stop blabbing at anyone threatening you with a gun

Especially in a lawless society
grin grin grin grin grin
CrimeRe: Policeman Threatens Rufai Oseni Wth Gun. Broadcaster Says He Will Call Governor by Cognitivereason: 2:45pm On Aug 02, 2022
emmy9500:
USA police won’t also point gun at you for traffic infraction, let’s have balance view of things
they will not point a gun at you if you do not resist an arrest
CrimeRe: Policeman Threatens Rufai Oseni Wth Gun. Broadcaster Says He Will Call Governor by Cognitivereason: 2:44pm On Aug 02, 2022
Uzosaint:
[s]Rufai I know it's too polished for this nonsense, maybe the policeman was expecting him to tip something for them but they forgot Rufai belongs to the 'we no dey give shishi' gang[/s].
Didnt you read the part from Oseni's tweet where he said he wanted to pay but they didnt want his money
Foreign AffairsRe: Zambian Currency Is Now Best In Africa After We Voted In A Good Leader. by Cognitivereason: 11:20am On Aug 02, 2022
VeeVeeMyLuv:
Where is the lie there? huh

And 100 United States Dollar equals 41,618.00 Nigerian Naira! You should be more concerned about this angry


What are trying to defend!?
Zambia rededominated their currency in 2012 by removing 3 extra zeros

their actual conversion should be

$100 = 1,634,880 Zambian Kwacha

where as $100 = 71,100 Nigerian naira

many african countries love redenominating in order to hide how almost worthless their currency is or to hide the rate at which it has been devalued numerically
Foreign AffairsRe: Zambian Currency Is Now Best In Africa After We Voted In A Good Leader. by Cognitivereason: 11:09am On Aug 02, 2022
The witch forgot to include the fact that their currency was redenominated in 2012 by removing the 3 extra zeros

nonsense same way Ghana is claiming better currency than Nigeria when they also redenominated theirs in 2007

https://african.business/2012/03/economy/zambia-redenominates-the-kwacha/

if emiefele should come and introduce that dirty policy of removing two zeros from naira same thing Soludo wanted to do when he was in office..
this will mean that $1 = N7.17 instead of N717 does it change the fact that the value is still down..bunch of clowns

still doesnt change the fact that Tinubu and Atiku have expired
TravelRe: Truck Crushes Two Soldiers And Woman To Death In Lagos (Photos) by Cognitivereason: 8:42pm On Jul 29, 2022
GODPUNISHALABI:
Rip to the woman only undecided
undecided
CrimeRe: Chioma Eunice Igweike: Ogun Corper Found Dead With Body Parts Missing (Photos) by Cognitivereason: 8:39pm On Jul 29, 2022
fear who no fear Ogun state
CrimeRe: How Officers, Soldiers Were Ambushed – Unknown Soldier's Voice Note by Cognitivereason: 2:06pm On Jul 29, 2022
Mrtaye:
Drone is expensive but more and very efficient and discreet... you can't tell me it's as expensive as the attack helicopters and tucanos
it is not...we currently have atleast 12 drones...but this figures makes it unreliable..in the sense that ..some group of soilders provide security to a school cant just other one to come to their aid immediately
CrimeRe: How Officers, Soldiers Were Ambushed – Unknown Soldier's Voice Note by Cognitivereason: 12:01pm On Jul 29, 2022
richiepolymer:
Government hand dey inside this one very well. Our security architecture is compromised and I have every right to believe it has religious jihad motive on the part of the sponsors.
How can the army not have eyes in the sky watching that forest? I have friends that use their personal drones to monitor traffic before hitting the road, some even use it to spy their estate for security threats before leaving the house!…..the a whole Nigerian Army cannot peep into the forest using military grade drones? Haba na? They’re compromised already.
Principalities within the authority are using the left hand to supply weapons and intel to these terrorists and sacrificing the lives of our young soldiers for nothing!
Everything Obadiah Mailafia said is gradually making sense…….every damn thing he said about the plans of these people is what is playing before our eyes. Let us all shine our eyes…..
lol...
what is needed here are not ur DJI kind of drones..

this drones cost billions to purchase just one...not ur 500k kind of drone

we are talking of wingloong , predator type of drones operated by airforce.. these are thick bushes not highways..
even an armed helicopter can never spot them..except they have sensor balls/ electro optical targeting system with thermal imagery...this sensor balls are damn expensive and also require diplomatic approach to acquire

CrimeRe: How Officers, Soldiers Were Ambushed – Unknown Soldier's Voice Note by Cognitivereason: 11:52am On Jul 29, 2022
The army did well on this one....What the need to be equipped with is hand held or portable drones with infra red or thermal imagery to give them clear visuals on what overhead..

some asking why there insufficientre not drones..How many ISR and armed drones does the airforce have into total ..not more than 12..
that is grossly insufficient.

there is also not enough synergy between the army and airforce...most times this is normal..this is why many countries try to bridge this gap by creating an Army aviation corp.. the Nigerian army has newly already created one ..but lacks aircrafts
CrimeRe: How Officers, Soldiers Were Ambushed – Unknown Soldier's Voice Note by Cognitivereason: 11:49am On Jul 29, 2022
onuman:
Onyeuko the Spokesman of the Armed forces, remember that the terrorists you said the soldiers killed were Nigerians.
Instead of restructuring Nigeria politically, so that the sharia states shall practice their sharia criminal justice in their Arewa, without gunning for use of Sharia criminal justice system in all parts of Nigeria, the armed forces of Nigeria chose to fight an endless religious war against the millions of Islamists in Arewa who turn to Boko Haram and bandits easily to fight for a Nigeria to be governed with Sharia criminal laws.
Soldiers without political conviction.
Na you and the soldiers go tire, until the terrorists take over all Nigeria.
you are not even aware of the issue..just spilling nonsense out of ignorance....the state that have adopted sharia laws..are bandit and boko boys not operating? all u IPIG people sef
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 10:47am On Jul 28, 2022
Everlastingson:
"You dull folks...". This your line is not necessary coz I know and understand all you're saying. Personally I'm angry that Nigeria imports refined petroleum products. But can you tell me why the refineries aren't working? You cannot compare looting in Abacha time to the unprecedented looting of the present day leaders. And, no matter how you see it, no country can survive where most of the leaders are advanced criminals who steal every penny needed to better the country. Can you tell us how much previous govts, and this present evil APC, claim to have pumped into the refineries in the name of TAM? That strong export business strengthens your local currency is not difficult to understand .But you cannot be a producing country when your leaders are thieves. As for your question, Anambra politicians COULD NOT steal when Obi was Governor coz he blocked the loopholes. Peter Obi's key manifesto is to move Nigeria from consumption to production, from importation to exportation. He is the only one among the lot who will block the loopholes of looting BEFORE he will be able to achieve that.
the first bolded is necessary as you guys who claim educated and obidient do not understand basic economic principles and the realities that obstruct Nigeria's progress

no government looted more than in abacha tenure...you claim that this government looted more is solely based on emotions and hatred for this government rather than proven facts

you need to understand that stealing of public funds is not directly the cause of economic disasters or high rate of currency devaluation..Abacha alone stole money in USD that can cater for some geopolitical zones for 2 years..money that we are still fighting to recover from foreign banks..yet foreign reserves increased from around 400 million USD to over 9bn USD before he died...He fought inflation from 54% where he met it after he dethroned Shonekan to 8.5% when he died..let me not even go into the oil revenues...and the same guy looted over 2bn USD...(N1.4 trillion in todays money) go and read history b4 u argue blindly..Abacha made all this achievement due to the Oil booms..the same oil booms that made saudi arabia and UAE what they are today because they used theirs better..

your claim that there were no lootings in Obi time is total falacy..you want to tell me all the monies disbursed to house of assembly memebers were utilized judiciously including those all allocated to his cabinet and even LGA...please mention one main project done in anambra in Peter Obi's glory.. Obiano is the best governor of anambra especially in infrastrucuture..you think he continued in the trend of savings anambra will be what he is today?..have you heard of the pandora papers..inshort let me stop here


between 1993 and 2016 $6.06bn was spent on TAM..pls was buhari in power in any of these years..aside 2016 where the money spent was coming from approvals done and being disbursed by GEJ..by 2016..PMB terminated any contract and for that period ..not a single penny was approved for TAM ... if you have any one for that billions wasted for TAM..question OBJ,GEJ,yar adua, abdulsalami...etc..

moving on NNPC and the finance minister at that time (kemi Adeosun) were instructed to devise another may of getting that refinery to work without the money from from FG accounts..Kemi and the NNPC boss at that time brought in the orginal builders of the refineries and asked them to carry out an accessment of what they built..after all negotiations and agreement done ..PMB approved their request of $1.5bn to start PH refinery..the funds comes from Private investors in form of loans to fix the refinery..today PH refinery is under complete overhaul ..we see the out come of the different approach by PMB next year compared to the last 4 administrations who siphoned public funds in the name of TAM...according to the orginal builders PH refinery will process 60,000bpd ..it at the end it does work..then you can now call Buhari a thief..

https://guardian.ng/saturday-magazine/cover/refineries-endless-tam-as-money-guzzling-scheme/

Obi manifesto is to transform Nigeria from consuming to producing economy..the question is how..is it by producing cars and phones or what exactly..if his aim is not to bring back our refineries to cut fuel imports then he will fail woefully...we import fuel and petrochemicals more than any bloody item you can think of..yall think producing economy is when we start empowering aba people to make more shoes and clothes or producing our own cars,..your joking...all of these things will eventually prove to be useless if we do not produce fuel and the necessary petrochemical products..

FYI fuel and petrochemical imports swallows more than 30% of our reserves..any body who is looking at producing something else other than this is wasting his time..Emiefele and PMB believed this is what we need to save our economy and naira not saving money or reducing any cost of governance..this is why PMB instructed CBN to pump billions of forex to Dangote in CBN exchange rate to quicken it construction.he terminated TAM and brought a new approach to fix the Fg owned refineries ..There is now a huge market for gas..PMB borrowed loans to finance pipelines to europe through AKK project... anyone who will abandon any of this laudable progress to save money and produce unnessary items will fail...
PoliticsRe: Zainab Ahmed: Economy Doing Better Than Previous Governments Under Buhari by Cognitivereason: 9:18am On Jul 28, 2022
twentyfivekobo:
Even then, GDP growing does not mask the fact that

1.We still rely on exporting just oil.

2.We are not an exporter of manufactured goods (Yes, I'm dreaming here...but we want to have a strong currency...and nations that have a strong currency are exporters of manufactured goods.

3.We are wasting billions on petrol and power subsides, instead of letting them be in a position to make a profit, attract investment, which could lead to them working well, and helping power our economy more (more refineries, increased power generation)

4.Corruption is still a way of life, and it hinders our growth and attractiveness to investment.

5.Really, even if it is all we do, we need to export more of other things.


GDP grew under GEJ...meanwhile we were still a broke nation then. And it should be growing more. We cannot keep relying on loans and funneling money for debt because we are oil dependent.
you must realise that it is impossible to make a switch from Oil as a major export to something else..especially when there are no investments into sectors that can make that switch..that is why this government is investing in Gas by building pipelines that wil eventually connect to europe..that is viable resource that can increase the complexity of the economy..no government invested in it ..this government is investing in it as the necessary requirement to make a switch..


as for number 3, I wonder if you live in Nigeria..do you think Government doesnt know it is truly a wasted venture subsidizing fuel..when diesel was deregulated as wells as LPG and those in the business are allowed to determine the pricing..were Nigerians smiling ? now you want the same for PMS? even when we still import it? huh huh

most people are measuring economic growth y the strength of the currency..naira value is losing on the black market..this isnt as a result of any policy from CBN or the finance minister...in short no policy can ever counteract the fact that naira value will continue to go down..
This is why we need to start cutting imports starting with the ones that eat up our foreign reserves the most..which is fuel..other government failed in this...this government supported Dangote to start his refinery early enough...something should have happened way early if not because we had daft leaders like Yar adua who ignored him and wicked state governors at that time who didnt want to sell lands..

trust me the only way to reduce the rate of naira devaluation is to ban fuel import leave manufacturing of tech items and machineries for now

no government tenure has ever withness three global economic shocks caused by 2014 Oil slump, 2020 covid 19, 2022 russia and ukraine which affected diesel prices and pushed inflation further..

if you give this same country with the same realities to GEJ to manage..it will much worse...same with Peter Obi that thinks the solution is saving money and ignoring loans..I really want Obi to become president so that when he gets to that seat and see the realities he will tell Nigerians his talks were all for deceit and campaign
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 8:46am On Jul 28, 2022
JIBO4REAL:
From my own view of point Abokifx has nothing to do with $dollars devaluation, All the blame is on Our Dear government, they should try to stop importation I mean totally dependent on foreign products in term of food, tech, and others means, why should we be blaming Beauri de change guys, government has stop given people FORM A now so for those people has things to in abroad (school, health and others) how would you want them to get money � to proceed if there’s no all those Beauri De change guys, we should stopped blaming people for government failure, let blame those in the government system, let make things stable for our Dear Country first
if they ban import of basic and major food items like wheat , maize and rice...where are will going to get them from..Nigeria doesnt produce enough to meet quarter of our needs..
if we ban petroleum imports today...where do we get fuel to use .all the FG refineries are dead, Dangote is yet to complete his own, many modular refineries are still under construction huh huh
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 8:44am On Jul 28, 2022
Blackdisciple:
The CBN governor don't even know how the market works, but I don't blame him because he is just clueless just like his oga at the top.
na you know how the market works ..oshey
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 8:43am On Jul 28, 2022
okeysoninv:
this is from shell cooperation profit last year alone.
a total of $20b . why is CBN not tapping into foreign exchange earnings by companies operating in Nigeria. Emefiele needs to answer this
https://www.google.com/url?q=https://guardian.ng/business-services/shell-declares-20-1b-profit/&sa=U&ved=2ahUKEwix_KGllZr5AhUCOuwKHRtlBzgQFXoECAEQAg&usg=AOvVaw0mauJlYa7DWNT3sAhCSXeV

by the time you cumulate other companies earning foreign currencies in Nigeria you will see we have more dollars than naira in this country. the evil people in APC won't allow Nigeria flourish because of their selfish interest.
is shell a Nigerian company to begin with..what makes you think they will give to CBN all their dollars and take naira to the US their home country..

look dear....Forex earnings is not the matter of plus and minus..

no financial body has never reported excess of 70bn USD of forex earned through exports ..and they have never reported that figure is what we should earn by mere adding and subtracting...
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 11:58pm On Jul 27, 2022
okeysoninv:
I believe you are educated , the figures are there for you to see . maybe I should take you back to primary school . what I gave you is the total amount earnings collected by companies mining crude oil and gas in Nigeria. you can see there is enough dollars in the figures. yours is more of govt revenue and royalties collected by the government. it's has nothing to do with foreign exchange earning. a good working CBN should have mandated the oil companies to sell their Dollar exchange earnings to them by some percentage. we could have had enough foreign exchange in the market. this is nothing to argue about. Nigeria has no business to lack dollars when exports and remittances is close to 200b USD
first, there is no figure there for me to see

second, your screenshot doesnt contain anything referring to the earning of crude oil and gas companies.

third, you are confused as I have never mentioned anything related to government revenue neither do my links lead to anything related to revenues but foreign exchange earnings through exports

forth, Nigeria has never recorded 200bn USD worth of export earnings... if you think so show me proof where it was clearing stated Nigeria earned 200bn USD forex through exports otherwise go to sleep my friend.
PoliticsRe: Senate To Invite Emefiele Over Naira Devaluation by Cognitivereason: 11:22pm On Jul 27, 2022
okeysoninv:
hope you can make use of your Google and arithmetic very well . nigeria is currently exporting 1.4m barrels per day multiply it by 365 day. one barrel is 108 Bonny sweet crude that's 55b USD. Nigeria is exporting 38b cubic meters of gas years multiply it by 3usd that a price for 1, cubic meter of gas. you are getting nothing less than 100b USD. the other exporting minerals and agriculture plus finish products are not included. disprove it with a verifiable figure that Nigeria is not exporting 1.4m barrels per day or the gas is not 38 billion cubic meters. Emefiele holds the answer for where they are keeping the Dollars earned from resources taken from Nigeria to.
no body asked you to screenshot what we produce and it quantity as well as price..

exports and imports are not straightforward arithmetics of adding and multiplying otherwise that your figure is what will be globally reported...

show me screenshot of any renowned auditing firm that reports $150bn forex gains annual.. you are free to post any year ..in short go as far as fetching data from Obasanjo and GEJ tenure, when Soludo, Sanusi were CBN governors, fetch the data as at when Okonjo Iweala was serving finance minister since you think the problem is Buhari and Emiefele...
there were even years during GEJ were Oil hit $100/ba and we produced 1.8 million barrels per day at some point 2.2 million...fetch me any evidence that analyst just punched casio calculated the multiplied it to give you over $150bn including gas exports

just prove to me that any renowned business and economic analyst, newspaper or firms including Bloomberg, world trade organisation, Reuters, OEC, Statista, NBS..etc report Nigeria's export in excess of 70bn USD in any year

I will take you seriously when you show me proof

I am waiting

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