₦airaland Forum

And wail some more.

Nigeria cant be stopped.

He has said his piece

All those bankers using fine ladies to woo customers and set outrageous targets gotta stop

Magu is coming for your ...........

7. “The Executive must as a deliberate response consider immediate release of funds to ensure the implementation of the budget for the near short term to inject money into the economy,” he said.

release funds? Where the funds wan come from? Abi the ones they have been injecting into the economy you no see that one?

PMB say he need ''emergency'' powers so he can sale some of the presidential fleet and make some decision/ actions you no talk about that one.

Suddenly, everyone has become an economics guru

Him don bring out the $$ wey him hide?

So Dangote has now turn economics guru? Because he suggested it everyone is now jumping into the bandwagon.
That is how they say naira should be devalued and our problems will disappear. Guess what, we are in deeper Sh*t

They have all forgotten how that same LNG paid the gov't some cool billion jst a few months after taking over.

Saraki should go and siddon, am sure BABA would not listen to him

Him don dinish the white elephant airport?

With the situation of things in the country presently, someone is still thinking of building a new government house?

Who again said APC is nigeria's problem?

Nice

People dont like been out of their comfort zone.

But anyone who cares to look beyond the recession would see that there are a lot of opportunities right now.

No more free money.
This is what they resort ro.

Imagine. Resuming after 2 months recess and hardship allowance

Hmmm nice

Me too like to suffer like them ohhh

Did she market the country same way when she was in office? Just asking

When they have to qpprove the cut?

Not gonna happen. Esp with this national assembly

Nice write up.

I am yet to hear of any blue print for the nation

Coutries like Dubai (UAE) that you mention, singapore, brazil etc all have plans which their visionary leaders pursued

Them go stop?

Ride on ambo

In ur dreams.

Bello is there to stay

Ok

Thisis2raw:
nd Ambode isn't owning? And I am ok

Yes. Ambo is nor owing. Infact, he pays salaries btw 20th - 23rd of every momth since he came to office. And in December he gave each staff half of his/hee monthly salary as bonus.

I aint a lagosian but have frnds/neighbour who are state workers/teachers

The new roads been commissioned , one of them passes right in front of my friends plot of land in eredo lcda

I like that

Following....

Are we expecting the FG to farm? We only expect them to procide the enabling environment.

The importation is also supposed to be discouraged by the FG. Not encourage it especially things we can locally provide

sinkhole:
was it not recently reported that Nigeria wanted to import bitumen?

Ofcourse. That is what we do. We sell cassava and use the money to buy garri. Instead of use using the cassava to make garri

The way we depend on imported rice when we can encourage ourselves to farm it.

$22 billion is needed evry year to import food that we can produce simply because we believe everything is cheaper when imported

Recession, recession, recession

Because we feel we have the money, and because petro-dollars had blinded us

Nigeria currently imports significant amounts of coal and iron ore despite huge deposits of the mineral resources in the country, the Federal Government has said.

The Federal Government said this in a document entitled: ‘Road map for the Growth and Development of the Nigerian Mining Industry’, with the forward written by the Minister of Mines and Steel Development, Dr. Kayode Fayemi.

According to the report, the country was also importing barites until 2003 when the Federal Government banned its importation, adding that the country had since become a net exporter of barites.

The report stated, “Today, mineral production data in Nigerian mining is unclear and inadequate. A reasonable conclusion can be drawn that the industry is constrained. However, given the historical under-reporting of production by existing firms, together with the fact that most of Nigeria’s mineral production is conducted by artisanal miners, it is believed that the production figures are understated.
“Mineral revenues are often in one of the two markets: local consumption and exports. Local consumption accounts for majority of the market, as minerals contributed only about 0.02 per cent of the reported exports in 2012.

“In a number of cases, the excess of demand over local production makes Nigeria a net importer of minerals. This is despite the presence of huge potential for some of these minerals, highlighting the market opportunity that exists from import substitution.

“For example, Nigeria imports significant amounts of coal and iron ore despite the potential endowment it has. Nigeria used to import barites until 2003 when the government banned imports to boost production.”

The report added that the sector contributed approximately 0.33 per cent to the Gross Domestic Product of the country in 2015 and that the contribution was a reversal from the historically higher percentages contributed by the solid minerals sector.

One of the most critical factors for creating an enabling environment for exploration and mining is investor perception, the report noted.

It stated, “Undue interference by communities and state governments, with expectations outside the provisions of the law/regulations, cripples investments and the development of the mining sector.

“Uncertainty and inconsistency in state and federal laws, interpretation and enforcement will hamper development. The perception of a change of regime affecting laws also stalls investment and partnership.

“Fiscal policies that remain stable and predictable in the face of changing regimes improve transparency and foster good governance within the sector.”

The report also highlighted three phases for putting the minerals sector on the path of growth. The phases are the short, medium and long terms.

http://punchng.com/despite-huge-deposits-nigeria-imports-coal-iron-ore-fg/?utm_source=twitterfeed&utm_medium=twitter

with a population of 160+ million, yet some think only one individual have solution to our problem?

There are a thousand and one better economic managers out there, lets just find them

Looting and amassing funds for generations yet unborn

While the generation presently alive are left poor and starving to death.

Is our brain too, black?

Ofcourse, the world over nobody depend on subsistence farming anymore.

With mechanised farming 4 or 5 states can feed the whole of the country.

He can afford ro talk, did he not talk to his party to diversify for 16yrs?

You act like the change
Tryna throw me in chains
Don't act like you saving us
It's still the same
Man don't act like I made it up
You blaming us
Let's keep it one hundred
You gave the name to us
Nigga
We still in chains
We still in chains
You put the shame on us


Usher ft Nas------ chains

You act like the change
Tryna throw me in chains
Don't act like you saving us
It's still the same
Man don't act like I made it up
You blaming us
Let's keep it one hundred
You gave the name to us
Nigga
We still in chains
We still in chains
You put the shame on us


Usher ft Nas -- Chains

See were all our scarce foreign resource has gone to

He left government house 8 years ago, how come he was not probed all this while?


chill pill