₦airaland Forum

ddippset:
that's because 16 months isn't enough to fix problems of 60 months or maybe 180 months. As long as oil is down and you are cheering the avengers on, to continue bombing, this government needs at least 4 years to give you change. And as long as you keep blaming this government for the problem, this government will keep blaming the government that caused it. You don't expect them to keep quiet and take the thrash talking from you, do you?

Wow. Well thought-out response.

Yes I agree with you that the APC needs to step up the game. That is why I'm in full support of the borrowing.

Infrastructures needs to be fixed asap and we take it up from there.

Henceforth, no one should blame APC for dollar scarcity, if someone like patience Jonathan could have in her account over $20million.

They took away millions of dollars from the fall of 2014 to March, 2015

nnachukz:
This is a year and some months running. Soon it will be two years. Are you sure you will continue with this blame game for the remaining years. My dear, that is complete failure.

Many of you read only headlines and that act alone is pathetic, as it will make you uninformed.

This isn't unexpected, that's why someone like me isn't complaining. Of course I'm feeling the heat too.

I'm supposed to be traveling with my family to Seychelles, but our bill for 5 nights when I checked on Saturday Ticket and Accommodation came up to about 1million Naira.

Return ticket for one adult is 363,000 via air France
Due to exchange rate at over 300 Naira to a dollar. But I know for sure it would be better before 2019.

They've taken a very good step in trying to fix infrastructures via borrowing. Once this can be done, things will align pretty soon.

This is largely in line with analysts’ expectations, as they anticipated the inflationary pressure to intensify in February due to the weakness of the domestic currency over the past six months. This had a knock-on impact on prices of both imported food and non-food items. This was attributable to the faster movement in the prices of imported food items, as reflected in the faster pace of growth in the Imported Food Index in February to 8.8 per cent – a 12-month high.

After the election, whichever party comes into power, Nigerians should expect a rough time going forward. There is no doubt that with dwindling oil prices, Jonathan or Buhari will have no option than to remove fuel subsidy completely. It will not be a matter of choice, it will be a matter of survival for the government to continue to meet its internal financial obligations.

Franchise21:
After 16months in office, u want us to still be blaming the previous administration? I tot they promised us CHANGE during their campaign? Y are they now blaming the past government. They better fulfill their campaign promises. We don't care if they re magicians or not

Read the article again. Even if Jonathan had won, it wouldn't have been better. Stop 'bandwagoning' ignorance.

This article predicted the future(which is now)

naijaking1:
Responsible for our woes like releasing Kabiru Sokoto today?

Like giving pardon and appointment to DSP alameisigha?

daclint:
Im still in doubt

Why you should not be anymore

If that happens, the incoming government will have a Herculean task to run the country effectively. Many states will not be able to pay their bills, same with the Federal Government. As it is now, money that would have been judiciously used is being frittered away in foreign currency in the name of election. Right now, politicians have invaded the foreign exchange market to buy up the available dollar to pay the electorate for votes.


Indications are that the pressure on the naira now is as a result of political activities in the country. Post-election, the naira may see some level of stability at N197 to the dollar. The usual use of dollar in political campaign has led to further depletion of the nation’s foreign reserves as money is carried around in sacks to people whom the politicians believe have some influence over a certain section of the populace and their presidential voting choice.

As a result of the mopping up of the dollar from the system for non-productive use, a less than 3 per cent differential between the bank naira-dollar rate and the black market rate after the November 2014 devaluation is now about 13 per cent in less than five months. This is not in the best interest of the economy and after the election, if prices of crude continue its southward journey, things will become worse as fewer dollars will be available at the foreign exchange market.

If any Nigerian or Nairalander is in doubt about what this present Govt have been saying that GEJ is the real cause of this recession, then they should carefully read the below article.

Why you must believe the article

It was published just before the 2015 presidential election, that was keenly contested between Jonathan and buhari.

It was also published by anti APC newspaper Vanguard news.

See below

Tough times ahead in post 2015 elections

By Omoh Gabriel We reproduce this article that was first published in March last year. We warned the nation of the tough times ahead in the foreign exchange market, banks sacking workers and the economy at large. In view of what is happening in the economy and readers’ demand, we re-publish this article as a reminder.

The 2015 election will certainly come and go but the after effect may linger for a long time. Whether it is PDP or APC that eventually wins the presidential election, the party that will come to power post-election had better get prepared for the handling of the economy.


As it stands, the nation is on a financial cliff that can fall off any time except a miracle happens. The one commodity that provides life support for the economy has seen its price at the international market fallen to as low as $58 per barrel.


The International Energy Agency has predicted that crude oil prices may fall to as low as $20 per barrel. Oil prices might have stabilised only temporarily because the global oil glut is worsening and U.S production shows no sign of slowing, the United States may soon run out of spare capacity to store crude, which would put additional downward pressure on prices. That process would last at least until the second half of 2015, when growth in U.S oil production is expected to start abating.



Combined with an increase in global demand, the expected U.S production slowdown would give some support to oil prices and respite to oil producers’ group, OPEC. On the face of it, the oil price appears to be stabilizing. Behind the façade of stability, the rebalancing triggered by the price collapse has yet to run its course, and it might be overly optimistic to expect it to proceed smoothly.


If that happens, the incoming government will have a Herculean task to run the country effectively. Many states will not be able to pay their bills, same with the Federal Government. As it is now, money that would have been judiciously used is being frittered away in foreign currency in the name of election. Right now, politicians have invaded the foreign exchange market to buy up the available dollar to pay the electorate for votes.


Indications are that the pressure on the naira now is as a result of political activities in the country. Post-election, the naira may see some level of stability at N197 to the dollar. The usual use of dollar in political campaign has led to further depletion of the nation’s foreign reserves as money is carried around in sacks to people whom the politicians believe have some influence over a certain section of the populace and their presidential voting choice.

As a result of the mopping up of the dollar from the system for non-productive use, a less than 3 per cent differential between the bank naira-dollar rate and the black market rate after the November 2014 devaluation is now about 13 per cent in less than five months. This is not in the best interest of the economy and after the election, if prices of crude continue its southward journey, things will become worse as fewer dollars will be available at the foreign exchange market.


This will give rise to hyper inflation which is already rising and will continue to rise. The National Bureau of Statistics (NBS) last week released the Consumer Price Index (CPI) report for February 2015 saying that prices of goods and services rose slightly by 20 basis points, which is about 0.2 per cent. It said that rise in prices headline inflation — measured Year-on-Year (Y-o-Y) was estimated at 8.4 per cent, 20bps higher than 8.2per cent reported in January 2015.


This is largely in line with analysts’ expectations, as they anticipated the inflationary pressure to intensify in February due to the weakness of the domestic currency over the past six months. This had a knock-on impact on prices of both imported food and non-food items. This was attributable to the faster movement in the prices of imported food items, as reflected in the faster pace of growth in the Imported Food Index in February to 8.8 per cent – a 12-month high.

After the election, whichever party comes into power, Nigerians should expect a rough time going forward. There is no doubt that with dwindling oil prices, Jonathan or Buhari will have no option than to remove fuel subsidy completely. It will not be a matter of choice, it will be a matter of survival for the government to continue to meet its internal financial obligations.


The first shot at raising revenue will be subsidy removal. Nigerians should not be deceived. This will certainly come into play early in the life of the new administration. None of the political parties has made it an electoral issue and Nigerians have not asked either Jonathan or Buhari what they intend to do with subsidy on petrol. Subsidy on petrol will likely be fully removed after the election.

The Nigerian banking sector will feel the heat as they are likely to lay off employees after the election is successfully concluded. Many companies may not be able to service their facilities and non-performing loans may mount. Banks may be tempted to stop giving out loans due to high cost of funds.

In a bid to tighten monetary policy after the election, the CBN may demand to sterilise public funds in the banking system or demand that all public sector funds be placed directly with it. The private sector deposit in banks may see some increase in the amount the CBN will withdraw from banks. The banks will be under extreme pressure to perform post-election 2015. The Federal Government under pressure to raise money may after the election allow the naira to further depreciate to raise more money for government as crude oil prices probably falls below $53 which is the 2015 budget benchmark.


More manufacturing companies will close or reduce operations due to stifling business environment wreaking havoc on their businesses: higher power prices, naira devaluation, less power from the national grid which means more expenses incurred to run generators and insecurity.

Like one analyst said: “When a party not in power is trying to win power, you can only rely on their promises and the character of the presidential candidate of that party to determine how well you should trust their word. For the party already in power, you need to assess what they have done over their first four years in office against what they said they would do.


It is a choice between what a party says they will do and your perception of the character of their presidential candidate and what the other party has visibly done in the four years they held power and not what they intend to do in the second term when they can no longer be held accountable for their dos and don’ts.



Read more at: http://www.vanguardngr.com/2016/06/tough-times-ahead-post-2015-elections/

LabiaMajoraDest:
Your gf must be cheap and mannerless

Then you must be suffering from mental illness.

I said there are 3 at the counter. Until we investigate, we can't conclude on who did what or didn't do.

I will be stupid to believe you smoked marijuana, without investigation, and went on to believe you actually did

vivalavida:
Clap for this brother

His babe is @ injoo. A manager there.

Abi that is what he said

Yes.

I'm very popular there

Hi op
Contact me

I have a strong affiliation with Innjoo office in Ikeja and of the ladies there is my girl friend.

I know all 3 ladies at the counter.

We shall resolve this matter for you

samflex:
Mine didn't work since yesterday until I tried with a vpn today....that's my observation so far.

Used on my smart tablet and it's still working without VPN here is.

What kind of virtual Private network are you guys talking about?

samflex:
Don't know if it's me, but I've been having problems with modbro lately.... It's saying offline when I try to stream games.

Mine worked very well all through yesterday

Soulsamy:
Pls engineers in the house i nid ur help. My innjoo fire plus 3g battery is faulty, the battery has swollen up and it drains fast. I cant find a replacement anywhere. Can anyone suggest another phone battery that can be compatible with my phone?

Replacement available. Message me

Boss13:
How do one get the latest Power Vu keys for MTN Worldwide?

Available online. Check namjsat2018

Itulah:
At the bold, V6 will consume 30ltrs with Air Condition and 45litrs without Air Condition, that`s on a Highway journey.

According to who? You? Do you know manufacturers already gave a guide as to what to expect on each vehicle?

Which vehicle is this or just your assumption?

Other factors are also involved.
A 6 cylinder engine, may still save more gas than an I4 vehicle, when there's air leakage from the exhaust, bad injector and bad O2 sensor

So? What should we do?

How have they helped to ease the challenges facing Nigeria? BS.

Give us reasonable posts about serious issues

eastsense:
mr man dont talk what u dont know if u want lagos to say bye bye to things like this just invite holland engineers for about ccc u can check about holland on tube even after hurricane katrina america invites them

You Nairalanders are mostly Jokers.

See Someone saying another should not say what he doesn't know, whereas you are not sure of what to say.

Has that stopped flooding. Here this

'A massive flood swamped parts of southern and eastern Louisiana in August 201[/b]6, the latest in a string of more than a dozen flood events that have affected parts of [b]Texas, Oklahoma, Louisiana, Arkansas and Missouri since March 2015.'

'Over a 12-month period ending Aug. 14, 2016, Baton Rouge, Louisiana (98.83 inches), and Bergstrom Airport near Austin, Texas (67.86 inches) had their wettest Aug. 15-Aug. 14 12-month period on record, according to the Southeast Regional Climate Center.'

Mid-Late March 2015

March 12: Streets closed, cars stalled in high water in Shreveport and Bossier City, Louisiana.
March 21: Stalled front lead to training storms near the Texas, southwest Louisiana coast. Numerous cars stalled in high water in Jefferson County, Texas.

April 16-18, 2015

Wall collapsed at recreation building at Sam Houston State University in Huntsville, Texas.
At least 65 homes flooded in Houston.

---

Anyone of you that comes on this thread to abuse the Lagos government will prove how lowly knowledgeable you are about the environment and environmental science.

Rubbish and nonsense.

Cities like Lagos are found in different continents and it's not unexpected.

Couple of cities around the round suffer similar fate, even in the united States.


Many people would start talking nonsense now, cos of their ignorance and little knowledge about their environment or environmental science

As a coastal state, the city of Lagos lies on the belt and essentially surrounded by water. Just dig a hole, all you see is water, water and water. It can never ever be completely prevented cos of the fact that Lagos is practically under water

Many areas have been left flooded due to ceaseless rainfall

Some low lying areas of the city are prone to flood and also, Poor environmental practices such as dumping of waste in drainage often lead to flooding


But the beauty of that of Lagos is this, as soon as the rain stops, go back to that same spot 3-4 hours thereafter, you'll be shocked to see the waters drained off completely. That's the essence of good drainage systems

supomi:
Ode. U trust not. Arik buying new aircraft. u see the receipt? bros u better smelt the coffee or sleep

Most Nigerian airlines use old planes its just about maintenance o. Na only GOD GO HEP US

I know many people don't use their brains before posting and you are one of them.

Reasonable adults who are conscious about the aviation industry, knows Arik air purchased most of their aircrafts as brand new, since they commenced operation in 2005/2006 under the OBJ regime. Have you wondered why their fares remains the most expensive, yet they get more patronage in the whole of West African sub region?

Arik has the youngest and newer airplanes in Nigeria.
Average ages 8.5 years
Young man, learn before posting

Grundig:
Tourism to/in cross river is about to take a new shape.

With the airline and proposed rail line which amaechi says will be complete in 2years, cross river and by extention akwa ibom are about to explode.

Lets not be in a hast.

Tinapa failed under Donald Duke, adfter investing close to 30 billion Naira.

I did the valuation of Tinapa. I know everything about that place

They should please purchase new aircraft like Arik does most times

Dana, I trust not

Lexusgs430:
Coins ke?

Yes.

There exist many. I saw one in Tokyo and Honkong last fall

Great. Just that Nigeria isn't really a producing country. Also who don't do coins

Progressive01:
Too much bad news for Mark NsukkaBaggers this morning. What is really going on??

God will feed the enemies of Nigeria with their own flesh.

Can I get a loud Amen?

Enemies I said, not well wishers

martineinstein:
after u have successfully made it unsafe?

You may be right though.

A case of saying something with the mouth and meaning something else the mind/heart.

These politicians are desperate and their desperation could make them do anything.

Trying to show good face to the Army and the people, whilst also sponsoring the militants at the same time.

So very not impossible

Lobatan

agkilis:
i spoke with malik on phone and he has Gsky and supersat i will get mine from him before the week runs out

Great

spartacus11:
i spoke with him, he said d Android box he has he sell for 19gran and he did promise to send the specification but he has not send it yet. but he said is 2gb ram. please if u know more about andriod box do put me through so i know d best to go. with good price

Emmaachile is in the best position to advise.

I can help you ask people I know from Alaba too.

But I just prefer dealing with people you can see, talk to on phone and not only email like Lemmy does.

spartacus11:
i text him he did not respond, i called him he did not pick my call, please is dey someone else u can refer me to, or can u help me get it, but i will like to know the price. please i hope to get ur response soon i really need am

You have direct interface with Malik than Lemmy or pakogist.

Malik is known physically, but no one knows who's behind pakogist and Lemmy

dynamo007:
plz tel me m ore abt d hdmi thing does it work on all android?

From Phone to TV.

Move your phone to Tv like charging port

Some of us have been watching matches via phone to tv using Hdmi technology for a while now.

We have this IPTV android apps and when we are streaming live matches on the phone, we get it displayed on the TV big screen, without cast screen

Ceoflexygist:
A young man has allegedly burnt his mother-in-law to death while his brother-in-law who was severely burnt is fighting for his live after their son-in-law set fire on their building at Isampou in Ekeremor LGA in Bayelsa state.
According to an eyewitness, the man allegedly poured fuel on the room of his mother-in-law thinking his wife was sleeping in her mother's room.
It was alleged the wife left him some days ago saying that she does not want to marry him anymore. The wife was living with the alleged killer at Bomadi, Delta state before she left for her mother's house at Isampou, Bayelsa.
As at the time of the incident she was not sleeping in her mother's room. The man who burnt the house is said to have come from Ndoro community in Ekeremor, Bayelsa.
The shocking incident happened on Sunday, August 28.
photos below;
Source:http://www.flexygist.com/2016/09/02/graphic-photos-man-burns-his-mother-in-law-to-death-in-bayelsa-state-after-his-wife-left-him/

Stupid and incoherent news.

The man this, the woman that.

No names, nothing. At least, they interviewed people. They should have given us more details.

Is the killer on the run? Who knows his where about? What about the lady in question? Where is she now?

Where are the relatives of the man and the woman?

When it happened no one to call for help?

What if the story is fake and its a case of another lunatic that was frustrated by the economic challenges and chose to burn himself?

Any way, news is from a blog and not real Journalist. It is not unexpected

BUHARImyDOG:
BUHARI E NO GO BETTER FOR YOU

People like you should be castrated.

Where are the mods?

RULE

7. Don't say, do, or THREATEN to do anything that's detrimental to the security, success, or reputation of Nairaland.