₦airaland Forum

Kondomatic:
The country ofcourse.


Jonathan did the same thing, who suffered it?

Yes he did it
But it was sustainable because he had more sales from oil and the economy was growing by an average of 2.5% yearly
So we didn't notice it
The question here
Is the economy growing that osinbanjo can take this path

Kondomatic:
Osibanjo is doing his own campaign

We agree
The issue is at whose loss
The country or his

unclezuma:
Op check your spelling before they come for you. And be ready to defend your post.

This should be in the front-page don't you think so Lalasticlala?

I am ready for them

Last week we saw one of the greatest drop in the value of the dollar with a sharp gain of the naira in the black market. How was this achieved. Who made this happen. Who is the smart ass.
Anyway this move made a lot of people poorer i.e currency speculators who kept buying the dollar putting a demand on the dollar while the naira suffered from low demand till it hit the high of 2016 and just then the CBN intervention came in with a mad flood of much more dollars and the mopping up of naira so that there was a scarcity of naira.
And wholla the dollar came crashing down while the more the naira was mopped out of the system.

This brilliant intervention means the CBN is using our reserves to fight the dollar war
How sustainable is this ....will the CBN be willing to continue this.

As a forex trader with 10years experience I watched with my mouth open as it happened and shook my head as the internet was glowing with news how osinbanjo is the man
How he tamed the dollar in one swing of the magic wand.I saw panic selling going on as many turned in thier dollar. While smart investors bought all these dollars for keeps.
Now the dollar fall has stopped
Why did it stop
I thought it will fall for ever as we are made to believe.
Just yesterday while watching ARISE TV the news came out of the economy contracting by -1.4% for the first time in 20years.
Meaning for the first time in 20years the economy stopped growing
Now the real bad news was from the PMI ( producers manufacturing index) saying it fell
What does this mean
It mean the real people who needs the dollars are not getting it
But osinbanjo gave dollars for school fees payment
While the manufacturers who need dollars are not getting it

Even the economy according to the news saw major improvement from the oil sector because militants have stopped bombing
So the non oil sector fell even the most holy agriculture.

Osinbanjo has stated in the last FED meeting he favours a devaluation of the naira.
Right now the naira is 405naira to 1 dollar
Let's assume he goes ahead to devalue to let's say 20 basic points
That would be 425naira to 1 dollar
Now imagine what the black market will do
We will be looking at 550-600naira to 1 dollar
Already JP Morgan is worried that Nigeria is not attracting FDIs ( foreign direct investments)
What does that leave us
It leaves us with an economy that will keep shrinking and a dollar war we can't win as fear will make more people demand for dollars as naira will keep falling.
My advice to you
Keep buying the dollar for keeps
Keep your bulk money in dollars
The trip to hell is about to get nasty
God save our soul

Which possession of firearms them see with am again
Isn't it funny
Just yesterday soludo and co spoke about him being released
And just not to act weak
The FG is slowly dropping charges
They should be fast jor

We understand the game

Even though this is a good move
How sustainable is this
Do we keep pumping more dollar in the market thereby creating an artificial surplus
And mopping out more naira
Already the deposits on money tax was introduced making us pay more to deposit money.
This only means our foreign reserves is being used to fight the dollar

Anyway it will find its low and once osinbanjo devalues the naira we will begin another rise back to 500-600 naira

The mumu no understand English

First runner up means she was second

The senate should stop saying rubbish
Expel who
Are those companies not privately owned
Are they the one killing Nigerians

Use diplomatic means
Not trying to do what's not possible

courage89:
Why question their region/ethnicity and religion? Why not question their competency and character?

Yes why should he
Same wey most security chief in Nigeria are northerners
Guess it doesn't matter as long as they can do the job of helping Fulani herdsmen kill us all

brojoshua:
The servants of Satan who are parading themselves as children and servants of Christ are just wasting people's life anyhow, wasting people's body and souls. They are not only wasting the people's souls for and in hell, preparing them for everlasting destruction in hell along with themselves but are also wasting their flesh and body by destroying them physically, the false christains who following the false prophets. The bible says, the man Achan did not perish alone in his iniquity, and so took many people down along with himself, even as Satan took a third of the angels down along with himself. So also the false prophets will not perish alone but are taking many people along with themselves for Satan. Those false prophets whose lives are being wasted because of unbelief have also gone out to waste the lives of as many as they can out of all those who listen to their false spirits and follow them. Satan time is shot as well as the times of his prophets and they are on fire to waste the lives of many who listen to them, those who have itching ears and have pleasure in unrighteousness. T. B. Joshua and the likes. And so let my people flee from their midst lest they share in the punishment.

Oga watch your mouth
Bad things happen to good people
That doesn't make him a child of Satan

Ayam not understand
So he shouldn't preach again or continue the work cos he just had a bad thing happen to his church a few months back

Ogun state again
What a cursed state
Money ritual capital of afonja republic

Omo so my two ticket money dey inside DAT 450million oh
With my pop corn and fanta
So me and my baby don make dem hammer

See her coke and fanta face

sarrki:
Baba you have done what the constitution requires

May your says be long baba

Long live muhammadu buhari

Enemies of state will crash

Really he has
Does the constitution also says he can stay indefinitely cos I don't understand how you mean he has done what the constitution requires

Do you also know that the constitution is clear about his health ground which is enough to ask him to resign or be impeached

Will u wish your father this pressure if buhari is your father

Hmmmm cele
They ve this funny beans and corn they serve on Sundays
Some use cup to pack cooked beans to eat it

Every Tuesday na shina day where dem wole go see ya future

Their gals go tie your name for candle if dem love u.

Bank Of Industry, Nigeria
CALL FOR ENTRIES:
Nigeria ranks as the second highest producer of tomatoes in Africa. N11.7 billion is spent annually to import processed tomato paste into the country while over 200,000 farmers in Nigeria, whom collectively grow over 1.5 million metric tonnes of tomatoes every year, currently grow this vegetable crop.
In a bid to deepen the techniques of tomato processing and setting up of small-scale tomato processing and packaging venture.
The Bank Of Industry Limited is organising a technical training on tomato processing & packaging workshop for Nigerian youths scheduled to hold in Kano and Lagos respectively.
Application opens 17th February and closes 23rd February 2017.
Interested applications should register at
www.boi.ng/boitpworkshop ... Please pass it on to other groups for those that might be interested.

LesbianBoy:
Young lady what is "so she seniors me"...Next time you say....."so she is older than me with just few years" alright!





Mr man 33 - 22 = 11 not 12

That's how you guys fail "wayek"

Corrector
You failed

Its is

She is older than I am with a few years

Where is the road abeg
Is it not the same road I travelled on early this year

Smh urohobo wa duh
Make una no let afonja pipo fool una oh

Dis doesn't make sense
A house will ve documents
And if it belongs to the man
Only him has the rights to sign the papers na

Except she got a death certificate
Or the man signature was forged

Landing cost we hear every time
Who collects this landing cost
Is it not the government
Why not remove it
And let landing cost be free on petroleum products
And work on building refineries
Oh I forgot most of our crude are refined in obj refineries in the Caribbean

hilariousdammie:
please who are afonja's??

See question

And dis place is in the south west
Smh
A mud house in the town of afonja

One less afonja to worry about
See it in his blood
Betrayal
Una go thief together
Una succeed
Only u wan take everything

Are afonjas cursed

I hear ladies say I ve not found him
Its not the lady that needs yo find him
A man will find you
Just make sure you place yourself well snuff to be found

madridguy:
YA SALAMU: O Source of Peace
The One who is perfect, whole, prosperous and content.
The One who is the source of all peace, wholeness and safety.
The One who has rendered all of creation to be perfect, whole, prosperous and content.
The One whose creation is free of imperfections, free of faults and free of error.
O Allah! You are the Great Healer. There is no cure but through You, which leaves behind no disease, heal President Muhammadu Buhari Bijahi seyyidi-il hujud PBUH.

Ameen.

Please show usnin the Quran where Allah has healed anyone..
I am waiting

What tribe is it from[quote][/quote]

Cos that tribe can't be humans
As their papa na fallen demon

So many broke nija gals calling guys broke

sarrki:
Fayose should engage the teeming youth of ekiti

He should empower them

Than cutting ponmo and ranting online

I am shocked the way some people call this guy there hero

Oga try get sense na
And d ones in Ogun have all got jobs before its the ritual capital of south west ba

kennygee:
I actually meant "Smiling". Auto correct sucks.

Meanwhile, did she tell you her husband is bisexual?

None of them have come out clearly to say what is wrong in their marriage. I am not even bothered about what is wrong, if it can be fixed, it shouldn't be thrown away.

The husband in a recent interview claimed he never hit her. There's a rumour she is the violent one under the influence of marijuana, I am not concerned with all that.

Una go just dey throw insults anyhow. I sabi dish out insults pass you o. If I start, you go wish say you no start this one with me.

Bi wetin