₦airaland Forum

FuglyGurl:
https://www.vanguardngr.com/2025/07/breaking-amaechi-resigns-from-apc-says-nigeria-completely-destroyed/

Nonesense!! Were they all not in power at some point? While Amaechi was a pretty good Governor( one of the best in his tenure) and a pretty good Minister, he was also part of Buhari's government that is responsible for the ruined economy we have now by printing N22trln and mortgaging Nigeria's furture crude production with oil backed loans.

nairalanda1:
1. That was because when we started building universites here in nigeria, housing was not enough for the students and staff, so many universites had to build housing for staff...and students from scratch. Especially the old universites. That meant that universites had to essentially become small cities (something like ABU, OAU for example...and even UNN.).

2. European universites are often times centuries old, and grow with the town. (And yes, many of them have properties all over the place...)

3. Some universites do take up large land mass...see the USA for example.

4. Again housing. Abuja for example has a big housing problem

Even then, Abuja uni can't build a lot of houses for staff now, but that was the idea back in the 1980's when the university was conceived...and back then housing for staff was not enough.

Your points are very valid. But it still doesn't justify a university needing 11,000 hectars. Even the 4000 is too much. UI is just 1,000 hectars and is quite big and thats with mostly individual lecturer homes with plenty of space. If the residential part were buily tighter and with more multi floor apartments and maisonettes, there would be lots more space. So not to talk of 4000 hectars.

Editorialtimes:
Source: https://thebureau.com.ng/nepza-dangote-refinery-naira-crude-sales-fuel-prices/

There is no news here worthy of being called news cos it isn't new. And naira for crude doeesnt necessarily reduce the price of petrol in the market. Which newspaper is that even...?

PlasmaTV:
Buhari met it at $1/N220.
He left it at $1/N800.

Tinubu took it from N800 to N1,600.

Before APC, I used to convert $100 for roughly 20k.
After APC, $100 is now N160,000.
Make it make sense.

Have you thought about the impact this is having on the cost of goods? Importation?

You can't "out-propaganda" a failing and falling economy, bro.

You make it seem like exhcnage rates are determined by a wave of the hand.

if you want the Naira to gain stop importing everything, eat local rice (with the stones) and Naira will gain.

ThothHermes:
I thought that the crude oil was now being refined in Nigeria by Dangote. Why is a foreign war affecting prices in Nigeria

I'm surprised folks are asking these types of questions on nairaland. Isn't it simple economics?

CoronaVirusPro:
E190 that production stopped in 2022, is what we buying new in 2025.

It’s okay!

The global average age for jets is probably about 30 to 35 years. So a 3 year old jet in aviation terms is like a baby.

SmartPolician:
Only three airports are viable in Nigeria: Lagos, Abuja and Kano. The rest don't generate enough money for sustaining them. I just hope this new project doesn't add to the list of unviable airports.

It certainly will if it depends on passenger traffic alone.

Masterstroke4:
https://westafricaweekly.com/nigerias-foreign-ministry-silent-as-uae-blocks-visas-demands-nigerians-show-60000-bank-history-for-entry/

How does maintianing $10k for 6 consecutive months amount to $60k.

But Nigeriaians should fashi UAE na. Is it by force to go there?

If you want a Middle eastern or Arabic holiday experience, there is Qatar, Morocco and Turkey. Even Saudi Arabia is slowly opening up.

004gist:
The first 4 pictures shows Ezeukwu (Bende LGA) bridge that was built and commissioned by the senator representing Abia North, Dr. Orji Uzor Kalu on the 29 day of January 2024, barely 1 year after commisioning the road/bridge for use, it failed , posing serious great to the lives of Ezeukwu people as this is their main entrance into their ancestral land.

The last 6 photos shows the current state of the bridge and the road as it's been reconstructed by the Greater Ohafia Development Authority (GODA), a body established by Governor Otti to ensure that strategic LGAs in Abia North receive the necessary attention.

Gov. Alex C. Otti is not just working the urban centers of Aba and Umuahia, the rural areas are also receiving great attention.

📸 Nelson Anya

Abia Gist Hub

Just asphalt! No stone base at all. And in the South East of all places....where the soil isn't very stable. Criminal construction.

alamscolo:
The reality is not far fetched from the writer's point of view, but going for a residential building is just to tie your money and after some years when you're tired, you sell off the property. It's actually one business that the risk is calculated, I have 3 already though I'm not doing anything residential again after these but it's a fund tied down for pension, sell some and use some to eat when you don't have the power again

I hope what you realize in Naira when you sell it will make sense. Houses in Nigeria are not always liquid. Sometimes you need money in 6 months and you start putting the house on the market. You may not get an offer that interests you till 12.months after. I notice Nigerians don't like houses somebody has lived in for many years, except to demolish for the land. We typically like new houses.

CoronaVirusPro:
I think it’s just that people are bad with mathematics. Cos simple maths can show that it does not have a good ROI.

Build a house for 100M then wait for 20 years to reach profit! Common, many things you can do to keep the money working and finance any lifestyle you want to live.

It’s a false narrative that has been imbibed for years.

I won't say it's a false narrative. It was s good narrative in the 60's, 70's and 80's when Nigeria's economy was more stable. But from the 90's when Nigeria's economy started a consistent decline, the argument for building residential property to rent got worse and worse and that argument got really bad in the last 10 years most especially.

IamANigerianMan:
Another rubbish , Create state police, use the so call constituent allowances, security vote , allowances for senate, house of rep to finance it

Police is not to fight terrorists. State police may not be the immediate answer.

moscow007:
Why not buy from the global South for a change.

The last tucanos can't be used becos the West disabled so many functionalities.

Instead of all this waste of money buying hardwares we can't use due to western restrictions, why not borrow Ukraine tech. (Which is not public knowing), obtain semantics for making 3D printed drones or improve on our home grown drone tech and root these terrorists out

That's not true. The tucano have been used several times.

tunjijones:
Do pay per view.

All this one you are saying is nonsense without paying per view

DSTv doesn't have any pay per view anywhere in Africa.

If you insist they do share the link to the website where they advertise that offering.

Kemetian:
But why the obsession with cement houses when they are cheaper alternatives all around us?

The real surprise is why we use so much cement. It's not as if we are a hurricane-prone region or something. We can use lighter materials that are cheaper too.

Nigerians are really entitled. Even dirt poor Nigerians will say Bamboo house is not for them. Isn't it's better to have a roof over your head first?

And truly our houses are probably over engineered. Cement and concrete everywhere.

thesicilian:
369m for a single car. Even many bullet proof cars are far less expensive than that. If you ask what particular feature about the car makes it that expensive now, no body can say.

I hope you know ordinary Camry thsts brand new is at least N100mln. Brand new Lexus LX600 will be at least N250mln. So him having a N369mln car is not excess by any means.

CaptainFM1:
Even China cannot use this kind of trains they are giving us.

The point of any mass transit is to get from point A to point B safely, speedily and efficiently.

We aren't doing fashion parade with trains here. There is abosultely nothing wrong with it.

If they bring much fancier trains thst cost more and ask you to pay a higher fare, una go still complain.

lilfreezy:
Arsenal is not a serious club. Lookman is a serious upgrade to Martinelli.

I also think he's an upgrade to Martinelli and Trossard.

I'd buy Lookman and sell Martinelli. Rotate Lookman and Trossard with each backing up for the other

AMINDA:
What decades rot? Nigeria has seen more rot in 2 years than it saw in a decade while Tinubu and his elite political class continue to live extravagantly. Does he also need decades to fix the so-called decades rot?

I've not yet seen One thing in life that is easier to build than to destroy.
Nigeria is suffering from over 40 years of maladministration symptomized by subsidies for everything from an era when Nigeria had stupendous money.

Rhado:
We the Arsenal fans will very soon accept the truth about Arteta. The man is so arrogant and proud. He wants to form some kind of genius, like introducing a style of football that will be completely attributed to him, while that maybe good, I don’t think he’s got the capacity or pedigree for such. You keep trying to prove nonsense. 5 years now trophyless. Tottenham finally had a more successful season than Arsenal.

That's being a bit harsh.

Maxymilliano:
FULL LIST: VAT generated in states across Nigeria in Q1 2025


https://www.facebook.com/share/1AehUBTjYH/

This report is still on the old basis of calculating VAT based on where the head office of companies are, rather than where consumption of the product or service took place.

Once the tax bills are signed into law by Mr President and the method of calculation changes, this will look very different

Truths9ja:
“Nobody Owes You Anything” – Actress Damilola Adegbite Shares Emotional Life Lesson After Turning 40.



https://www.youtube.com/watch?v=OPcrc0Mnd8o

Looks like she's gone to get some work done too!? Cos this hips can't be natural, even though I agree she was curvy in her Tinsel days, which are about 10years ago now.

Shidinky:
10 and 20 naira re not price cuts
They should stop playing with our sense
A real fuel price cost will take fuels to 600 or 700 range. Anything else is media cruise

If your not aware. Ghana cedi has appreciatedby 50% since their new president took over gew months ago. But tinubu depreciated naira by 300% . Turned Nigeria to an apc state and sent cost of living to an all time high.
Let's keep voting lubbish

Do you know why it appreciated? Do you know the dynamics of in their economy why it appreciated? You folks just behave as if its by the wave of a hand!!

Sheuns:
Una no wan diversify again?

Lol....lazy government!

Man102:
Source : https://politicsnigeria.com/inside-nigerias-quiet-egg-and-sperm-market-where-students-trade-fertility-for-survival/

I wouldn't believe people do this till I met a girl who told me she sold her eggs. If I recall, she was given N250k or so. But the procedure left her unwell for like 3 months, due to the hormone injections she had to be taking for a few months. She felt bloated, ill and was bleeding for a bit after the procedure, but thankfully, she is fine now. All this was like 9 months ago.

sonssyo:
me self is considering doing it for my mum in the village;

1.5kva sumor
8 room apartment with just tv...
1 freezer thats all

will cost how much bikonu....
every time i travel, i spend 100-150k on fuel that we use for 6 hours in a day, I'm tired like this, if i can drill borehole for her and put the solar, change the roof of the house this year, God don help me be that.

I have 5kva inverter with 5kwh lithium battery.

Everything in my house except washing machine, AC's and oven are connected to it. i even use my microwave with it for short times - like 5mins to warm food or electric kettle to boil water for tea, which is just few minutes.

But things that are on always are fridge, freezer, water dispenser. lights, fan and TV are used as required. Basically I dont think twice about using anything....I just use as I need it and it lasts me about 10hours, so roughly I consume about 0.5kwh every hour.

it cost N2.8mln. I installed this in October 2024. No panels.

Putindbutt:
If you don't know debts accumulate interests over a period of time, then you need to pick up a GCE form and enroll in classes.

Maybe you are one who needs to go back to school, if you believe $120BILLION (in US Dollars) is missing from Fidelity Bank. Thats probably more than all the deposits in Nigeria's banks combined!!! Thats N195 TRILLION!!!

Vendor127001:
As weather conditions change and raining season has fully begun in Nigeria, It’s the yearly anniversary of water flooding lekki as usual, a man complains about the amount of used condoms floating in the flood , with vehicles also stuck in the water which has risen above knee level.

Source: Energyoftheicon

Video:
https://www.youtube.com/watch?v=oV_RN-5r5AA?si=oAqdkWjmzWwwdU5X

Here we go again...

adenigga:
Source: https://vanguardngr.com/Lagos-hospital-pays-N20m-monthly-bill-for-3hrs-daily-electricity

This 80,000 litres a month amounts to N88mln. This makes no sense. I'm not sure what the power requirements are on on a KW or Kva basis, but their are industrial containerized inverter and battery management systems that will provide electricity they need. And if they have space, they can add enough solar to take themselves off grid.

If they spent N300mln to set that up inverter and battery system, they would save money in the long run.

Nairaland should get the functionality for polls.

Ologolo, Lekki I'd rate 8/10. For past month we are getting about 22hrs a day, Band A

[quote author=DrMB post=135366431][/quote]This analysis makes no sense, because not all of them had the same policy with forex. Reason why it devalued more with Tinubu is because of a drastic change in policy by Tinubu to stop defending the naira recklessly.

Tinubu took a bold, rational and damaging policy change for the long term good of the country.