₦airaland Forum

abbey621:
Currency value is a major determining factor, don't deceive yourself! The Japanese Yen is a top 10 currency and Japan is a top 20 economy, so I don't know what you're talking about. Yes we have other factors including cost of living, GDP and so on but even when we consider other factors Iran is still failing. Yes they might be a little bit better in certain areas but definitely does not justify the kettle calling the pot black. All I'm saying is reason for yourself don't be a sheep!

Yen is not a top ten currency
How much is Japanese yen to dollar
How much is South Korean Kwon to the dollar
And how much is Malaysian ringitt to the dollar?


The Malaysian ringitt is a stronger currency to both Japanese and South Korean money.

But those two countries are way higher than Malaysia economically.

Japan and South Korea are developed economies
Malaysia is a middle income country.

NLReposter:
Currency value does not determine how developed your economy is, japan for instance.

my point is, IRAN better pass Nigeria.

That guy doesn't have even basic understanding of economics and he is just misyarning

abbey621:
They might have all the things you've mentioned but like I said earlier every country is judged based on the economy and the welfare of its citizens. You can't say a country is far better than Nigeria when they're suffering from the same ailments as Nigeria. You can't say they're better when their money has no value, when unemployment rate is 11% or higher, where people are still getting blown up and religious conflicts abound. If you love Iran so much, carry your family and live there, talk is cheap my guy!

How are they suffering the same thing.
You are not suffering the same thing with them.

They even have more oil than you, second to Saudi Arabia on opec quota. But can't sell because of sanctions.

They have good infrastructures, local industries. Do you have basic infrastructure in Nigeria? What about local industries?
Nigeria that imports almost everything they consume including petrol.

You are not mates with them.
Even the basic fundamentals are lacking here. So how are you better than them economically?

abbey621:
I'm not even going to bother to dignify the nonsense you wrote. Just simple question, search Google and ask how much is 1 Naira in Iranian currency? The answer is over 100. One Naira gets you over 100 of Iran's currency and you're here spewing trash. Every country in the world is judged based on economic factors and the comfort of their citizens, both Nigeria and Iran are failing in these aspects, to argue otherwise is to remain ignorant!

I said fundamentals.
How will there currency have value when they are under heavy sanction from US and her allies?

You are not mates with Iran
They have a robust local manufacturing industries even better than Saudi Arabia.
Saudi imports almost everything they consume. But Iranians produce everything they consume in there country.

They have good infrastructures, roads, modern railways, steady electricity and a very highly educated population.

How many things does Nigeria produce locally?

What about infrastructures good roads, electricity etc

Forget noise making, you are not mate with them.

abbey621:
How can you not compare, in terms of oil they have more oil. In terms of people escaping poverty, religious conflicts and terrorism, they are just as worse as Nigeria. Google is your friend, do your research!

Story
Even with all the US sanction Iran is very far ahead of Nigeria.
Local industries, high number of educated citizens.

Iran has even better fundamentals more than even Saudi Arabia. They have local industries that produce almost everything. They have modern infrastructures, good roads, steady electricity. Forget western propaganda Iran and Nigeria are not mates.

urcutecrush:
Sadly that is the norm for Nigerian men.I have come to the realization that 95% of Nigerian man cheats.

If you marry a Nigerian man be prepared to go through hell because his family and friends will always support his cheating habits and the saddest part the woman’s family too will never advice her to leave just tell her pray,Look good and don’t Nag.

Most Women in marriages are suffering and smiling or have become use to the abuse and are desensitized.

Let’s be realistic if you don’t have the opportunity of getting married to someone not raised with this Norm and values or best not raised in Nigeria then the best you can do for your emotional health as a woman is to marry a man who respects you and will most likely take his cheating far from you and makes you think he does not cheat but in your deepest mind you know he does.

The signs are there while dating.They are always there.

I may not believe your assumptions.

You will be surprised to know that there are many men that are not into extra marital affairs. Very many men out there.

But the problem is that majority of the time you people expose yourself to the worst of men and then you come up with unverified claims.
That you are exposed to the worst does not mean there are not good men out there.

Its justw like saying that all women are slut.s Because of what some women do, but that's not true, there are exceptionally very good women out there. Depends on what you see.

wingmanIII:
You may have a point.
Some scientists say the virus doesn't thrive well in high humidity and high temp. environment

Yeah saw the same information from the timeline of a medical researcher on twitter. The virus doesn't thrive well in high temperature.

Until local transmisstion is confirmed people should stop spreading panic fear and anxiety.

Afobear:
Where are all them naysayers claiming weather kills corona and God is protecting Nigeria ? Where are they dunces that danced like David claiming other nations are sinners and no single Virus Can hit a Nigerian ? Mothafhuckas!!!! , It's time to get screwed

Actually almost all with the virus came in from high risk countries including Atikus son. Until we can confirm more of local transmission then there is no need to panic.

The firs man that came in from UK that tested positive his wife tested negative

The American that died in ekiti last his major contacts in Nigeria all tested negative.
Local transmission is still not certified.

Lostz:
you know this APC government love propaganda and they use the biased southwest media for that.


agriculture actually reduce in this administration. it is gradually going up recently but still not up to 2014 level.

fertilizers, herbicides, pest control and farming equipment were cheaper then because Goodluck paid subsidy, loan and grants to the agricultural sector........ you don't hear about them like this Audio government because Gej did not manipulate the media

Seriously!!!
I remember minister of Agric then Adesina did an excellent job.

But they claim that it's presently that agriculture is being focused on especially in the area of rice.

Lostz:
since you can't understand piont copied from your own link, here is the GDP accross economic sectors since 2008 to 2018.

https://www.statista.com/statistics/382311/nigeria-gdp-distribution-across-economic-sectors/



in 2009, 26.75% of our GDP came from agriculture; which is higher than 2019.


agriculture contribution to our GDP in 2018 is about $84.6 compare to the $113.7 that agriculture contributed to our GDP in 2014.

So invariably from available data past government did a lot in other aspects of the economy like agriculture.
But propaganda says that they did nothing but only looted money .

Very revealing.

michlins:
Until the masses get productive and pay enough tax, nothing is going to change. Our income is too minimal to effect the amount of change we desire. The opposition will make average person think the government on power are just sharing money. Give them power, and the reality will hit them. That's what happened to APC. Nigeria is poor. Quote me anywhere

Do you people even understand basic things.
So it's now the problem of the masses.
Creating wealth, creating enabling environment is the function of the government.

Then the masses can now be productive and pay tax.
But when government fails on its obligations, what do you expect the masses to do.

Anyway posterity will judge this present government.

OShepherd:
Yes my dear but d truth is that she's unemployed, eventhough my friend has set up business on 3 occassions but all failed & he resolved she go learn a trade but she has refused to finish up, instead all she thinks of is making Babies�!
But wait, let's be serious here! who will be happy that the only specie he wanted was used razor blade on & the boy died before his return from work? Only to be pressured and it resulted into another Baby Girl �

Children are gift from God whether male or female. Your friend is not even grateful that he can father children.
One of the worst things to do is to be ungrateful for what you have.

He should better change his ways, accept the gift God has given him. Love his wife. He can still born Boy from that woman.

If not devil wants to sift him like wheat.

madridsta007:
That is great.

What exactly has he done that shows "intelligence"?

What has been the tangible outputs for Kaduna State? Has there been a reduction in crime, kidnapping and banditry? Has there been a reduction in almajri and out of school children? Has there been a reduction in foriegn and local loans? An increase in IGR? Has there been an increase in the economic state of the Kaduna resident, with evidence?
Please what are the outputs?

For developing this blue print, clear cut agenda and pathway, he is intelligent.
How many of his colleagues or the man at the top can come out with such?

One part of the report that got me is that Nigeria may be facing her worst economic crisis in its history and he is spot on this one.

People should tighten there seat belt because we are about to embark on a ride through God knows what.

gabicon:
I'm afraid the options of palliatives are very limited, the non oil sector of the economy is still very weak, most manufacturing COYS depend on import of raw materials. During the last recession we should have invested say $2 billion on agriculture mechanisation, that way we would have catalysed the agric sector thereby increasing food production.

But it wasn't done. You can imagine how the agricultural sector would have been upgraded. It's very sorrowful

spiritedtete:
You guys ain't ready for what is about to hit us....lol


When you depend on your friend to pass exam... unfortunately you frined became absent due to illness. What are you going to do?

To the greedy importer who see no need in local manufacturing


And to all saboteurs who derive plessure in making sure the economy benefits them more. .. there shall be no escape route soon.


To our government who is nonchalant to her citizenry... you shall also be caught up with soon. The bed you lay is ready.

To all our leaders... even the children you sent abroad are not left out. What can your money do now? Time to test it eheheheh.

Except God saves us, many of our people don't really know what is coming after us.
The saying goes: make hays while the sun shines.

The entire world is knocked down under an unprepared epidemic. Most developed nations have been brought to there knees health and economic wise.


How much more Nigerias lot?
We were never prepared
We were so unserious over the years.
Now the chicken is coming home to roost.

My own suggestion is that everyone must wake up and sit up. From government to the common man.
Measures has to be put starting from now to become a responsible people.
Leadership must rule with justice, fairness and equality.
And we must continue to run on this new agenda non stop.

Maybe things will get better with time.
But if we continue folding our hands like nothing happened.
Then the catastrophe will be unprecedented.

May God have mercy on our souls.

bizhop01:
What's about those ladies that had sex over five hundreds times before marriage?

You dey mind the non sense making topic posted here.
How can someone take virginity as nothing. That a woman kept herself in this sex craved world and people say its nothing.

Whoever put this topic stop deceiving yourself. A virgin can get faithfulness from a man.
I have seen promiscuous men who married virgins and stopped living a promiscuous life.

But non virgins getting faithfulness from a man is almost impossible.
That's why we have many promiscious married men everywhere. Because they married women who were lose. So being faithful will be hard.

With the way women sleep around now any man that marries a virgin has hit better jackpot. Op should stop deceiving people.

In an addition, the more sexual partners you have encountered, the more you carry the memories even as a man.
And these memories will be with you. Your soul has been corrupted. But a virgin has no memories. There soul has not been corrupted, it's clean. That's why sex is called carnal knowledge. The more sex, the more knowledge you carry in your soul. But a virgin comes with a pure knowledge.


See sex is a very deep thing, even for we men. Throughout our lifetime, those knowledge will come back to haunt us.
That's why there many become rabidly and uncontrollably promiscuous.
The less sex a human is exposed to the better he or she can have self control over the animalistic sexual cravings.

zingywingy:
Big wedding can not last.. quote me anywhere.. the bigger the wedding, the lesser the blessings.
Do it moderate or low-key and enjoy happy after.

Because most people concentrate on the wedding day instead of the marriage proper.
Also many men put there hands where there level no reach. Why will a man marry woman wey tear eye pass am? Then the whole thing ends in pain.
You expose your children to that kind of mother.

Men should be very choosy on who becomes the mother of there children.
Marry a woman with motherly wife instincts.

Don't go and expose yourself to trouble.
There will always be a woman who is totally loyal to you. Marry such, not one whose loyalty is divided or not loyal at all.

On the other hand Love, value, respect and take very good care of the woman you have married. The mother of your children. Value and respect her

fairfora:
. Queen of England has witnessed up to 3 generations of nigerian kings, igwes, emirs president, governors most of who are now late. Have you ever wondered why herself and husband are still standing straight in their 90s? You can only find their likes nowadays in our villages.

What's life expectancy in Nigeria compared to what's obtainable in the west? Come to africa, or Nigeria, the list plenti. I decided to use the aforementioned public figures as examples because at least, we can easily recognize them. In the olden days, what our forefathers ate are not reckoned with anymore. Our forefathers would drink natural water, eat fresh fruits,fresh vegetables, fresh Bush meat etc but all these are lacking nowadays. Our sewage system isn't properly managed, there's pollution here and there whereas in the west, they still observe all our forefathers did observe in their time.

In the west, ordinary fresh fruit juice they'd add vitamins and minerals into it. Water they drink has minerals in it. Do we have access to all that back home mainly in the cities? Ordinary malaria would take forever to treat. How many of us eat balanced diet in Nigeria?

Abeg the queen is highly protected and taken care of health wise.
Just like Buhari is protected health wise, if he was not given the best medicare as a president or if he was still an ordinary man, he would have died.

As for your summation, my father's elder brother is 92, still strong healthy. Do you know the number of elderly people we have in Nigeria.
Akintola Williams is 99 or 100 this year.
Pastor Paul Adefarasins mum is around 94 or 95 this year. We have many extremely old people around this nation.


Westerners don't have good immune system up to our own. I always read in the news how they suffer stroke and immediately die. But here I have seen countless people that suffer stroke, survive and still continue with there normal lifes.

If the westerners are exposed to the kind of harsh conditions we have here. They won't live up to 40 years.

googi:
djon78,

Thank you for going back to the topic. You actually analyzed the problems very well. Some Ivy League educated Economics from USA and London School of Economics justified Structural Adjustment for IBB to implement. It was the beginning of the End. It wiped out African Middle Class.

Then came Devaluations. The same well educated Africans gave us reasons to embrace each Devaluations. You know the not so educated military man without high school cert kept on asking the same question.

Which Developing country has ever recovered from Devaluation?

On top of all these, our Central Bank Governors and Finance Ministers kept Interest Rate high so that Foreign Investors can check in and out. When they want to "invest" they flatter us as the fastest growing developing countries. The best countries to invest in etc. Our stock markets soar and they take their money out. It is repeated.

Now tell me, my brother, which African big or small business can borrow at that rate as you indicated. Not even Dangote.

Who does Devaluation epp? Ask Zimbabwe.

Who does Structural Adjustment epp? Ask IMF and World Bank.

African Economy is Politically dictated by the West.

We make it worse by importing new, used and junk goods for 60 years!

Actually when it comes to devaluation, it's a double edge sword. Because to maintain your currency, the Central Bank must use the countries foreign reserve to fight keeping the currency from going under. So the foreign reserve suffers.

And in a case where the reserve is not replenished the currency must drop. That's the case Nigeria is in presently. Oil price our mainstay of revenue is falling terribly. CBN having shorter revenue may find it hard in upholding the Naira.
That's why analysts are speculating Naira hitting 500.


Also worsened by Our local industrial sector which is below par. We import many things we use here. So it's terrible.
More of poor economic policies.

Nigeria must fix her industrial sector. But to do that, power must be constant first and foremost. While presently our power sector is in chaos.

So it's a hydra headed complex problem for Nigeria. The earlier government wake up the better for the nation.

Rossinnki:
But they find thousands of dollars to cross Sahara desert, even falling into slavery, whereas that money they could have used to set up a good business in Nigeria.

Look, it's all about your mindset. If you have a pessimistic outlook you will leave.

If you see the glass as half full rather than half empty, you will stay in Najia and hustle.

Actually you can't blame them. It takes someone with a heart to invest in this clime. It's not just about having money.
I have been involved in business in this clime over the years.

I call Nigerias business environment: shark infested waters. If you no get heart, you can never survive business in this environment. You will get eaten up. You must definitely loose money but you can actually bounce back.

So those guys take the easier route. You can't blame them.

googi:
Sir, not all of them. Yes, some source money from their South Africa dynasty but they also source money from Kora like Chagoury or whatever his name that made money from Abacha and Tinubu. Money do not easily leave India, maybe Govt investment from China.

The easiest source of money is from Nigeria. Think about Development (P&ID), a company registered in the British Virgin Islands, without office or expertise but did well in Nigeria with connection to Gen. Danjuma.

Well yeah some of them who know there way around source money here, especially those who have been around here for decades. Some have been like 3 generations in Nigeria especially the Lebanese and some Indians.
But the South Africans, Chinese, even some Indians, some Europeans and Americans come with there own money.


Major problems for Nigerian businesses is lack of funds especially if you are not connected to the government. If you don't know your way around or maybe inheritance .money or hustle even drug /fraud money. It will be hard for you to break in.
Getting money from the bank is very difficult with very high interest rate. Except you know your way around it.

But still starting small, growing your business over the years is still the best. But it will take time, patience, losing money, making mistakes and then learning from your.mistakes to get better. Through this particular way, you can over time build a transgeneeational business you will transfer to your children. But many can't be patient to follow this pattern. Everyone wants it sharp sharp

googi:
Met some people years ago. When they found out I came from Nigeria, they wonder why I left the best place to make money.

As long as you can hold your nose.

Years later, the President of the richest country in the world claimed his friends said Nigeria is a good place to make money.

So, why am I so poor? Because I have no foreign partner to launder money?

Actually the Asians come with there own money. So they can easily set up businesses and investments here. They have access to funds from home country.

But majority of Nigerians lack even basic finance or adequate funding, so they are already disadvantaged.

worworbabe:
That's not being heartless but about doing the right thing.

Did I say he did wrong thing.
I always hold nasiru in high esteem especially with what he did in Abuja and presently in kaduna especially in there education sector.

But nasiru na very mean man. He doesn't smile at all. And he and Sanusi are more than blood brothers. They have same progressive outlook for the North.

Three northerners I hold in high regards are Nasiru, Sanusi and Nuhu Ribadu.
They are the three lights that can transform that region.

As for Gandollar, Soyinkas reply to him is all I can use to qualify him

ozodigboo:
Not true.
In her shoes, with the Gandollar episode.... I would simply have kept quiet for now.

That dollar episode really finished the man's reputation. His only saving grace will be if his associates get into power in 2023. But if not, he will face uncertainties especially with this new saga with Sanusi.

But woe betide him if El rufai nears that seat in 2023. He will go to jail.
El rufai can be very very mean and heartless. We know how he sanitised Abuja.

Keemsleek005:
Abi, damn only one man they lash women like these, bought 2 way ticket bla bla, abegi yes some men are irresponsible but dont distroy or give the already dented marriage institution more bad names.

You never see anything. I have a childhood acquaintance who will fly to UK for a weekend to sleep with his oloshos especially one Jamaican young single mother living in those London council flat.
This is a guy in a day can sleep with three different women.

I know guys that import all those East African girls into nija or import them to Dubai. That's normal runs for them.

InDistress:
Please I want reasonable opinion from responsible people.

I got married 12years ago and have 3 kids. His elder brother is a family friend and my dad knows their family quite well, especially his older siblings.
He does not live in the country but visits 4 times a year, during those visits, he spends about a month or two. Before someone says I Married him for money, I didn't. As at the time we got married he had NOTHING, in fact he was sharing a 2bedroom flat with his elder sister in a remote part of Lagos and drives a rickety Audi, but he was this type of person that wants to be seen as a multi millionaire, he is so desperate to put out a certain public image. Yes he is doing quite well now, but he isnt rich.
During the haydays of the marriage, as at then, camera phones were not rampant, so I picked up his Sony camera when he came back from abroad just to view pictures, then I saw him in a 3some, in fact it was an òrgy because I could hear other people's voices in the video. I confronted him about it and he begged. Later i also found out that he was sleeping with his secretary in Nigeria. It was on Valentine's day that year, I begged this man to stay home so we can celebrate valentine at home, but he refused asking me if valentine is the food we will eat, but I had a hunch and decided to go to his office only to see him sharing a bottle of red wine with his secretary and some other people. He later didn't come home that day as he said he went to the island to see a business partner and was stuck in traffic so he decided to sleep at his business partners. But i later saw his chat and it happemed that he lodged in a hotel with the secretary to placate her for me coming to the office.
Recently I called him when he travelled to the village, but he didn't know we didn't hang up the call and I heard him propositioning a hooker. I confronted him and he got defensive. So I decided to hack his whatsapp. It was then I found out tgat this man is the most irresponsible man alive. I saw a chat with a Tanzanian girl he met on flight and he booked a two-way ticket for this girl to come and meet him in Dubai. What broke my heart the most was that he told me he had an urgent deal and had to travel to his country of residence. Last Thursday, he told me he was going to for a friends childnaming ceremony, I asked to go with him and he declined only for me to see his chat where he was booking a hooker to go with him. I also saw his chat where he was telling one to come and meet him at an upscale hotel in my area where the least room is 35k. The girl asked if they accept short rest there, he said that he will pay full and the girl can stay back to rest afterwards. But whenever you ask this man for money fornhomekeeping ,he will say there's no money tgat business is bad.
Recently we started a building project in the village and I committed almost 4m of my own money (My mom warned me not to try it). We already have a 3b3droom apartment in same compound but we are building a bigger one now. Instead of him to be sleeping there, he opted to stay in a hotel for over two weeks. We agreed he should be as discrete as possible when he goes for the project, but this man packed 2 other tagalongs and paid for their rooms too where they were taking pròstitutes.
Everytime, he will say there is no money. When travelling, he will drop 15k for me and 4kids while he pays his hookers as much as 50k, in fact there is one he is paying her houserent. I contacted one and she said she asked him for assistance for her sick child, and he said he will only help if they have sex and he paid her 30k , all these while the children's fees have not been paid.
He keeps very irresponsible and backward thinking friends who empower his behaviour. I saw a chat where he and his friend were passing around a particular hooker. The funny thing is that before he has 5 lines of chatbwith these girls, they start bringing all their family problems and he will ask for account number.
Currently, I have herpes and the gynecologist said it's untreatable, I confronted my husband and he denied any wrong doing. Ever since I Married this man, heaven knows that no man has ever come close to my body. I always saw packs of antibiotics in his car but I never knew he was always popping them after having unprotected sex withbtge hookers. Every part of the country he visits, he has a load of callgirls at his beckand call.
I feels so used and heartbroken because I have dedicated my entire being to make this marriage work. Sometimes I go on days of fasting for this man whenever he has a downturn in his business, but I never knew he was the one invalidating the prayers with his waywardness. He goes about telling his whòres that he isnt married. One of them I contacted told me that he is a serial womanizer and never uses protection.
Before anyone ask me what I bring tontge table, I own a flourishing business. I can afford to travel to Dubai to bring my wares. Yes he started the business for me, but that's just it and that was 10yrs ago. I'm tired of this man, whenever I see him I start feeling murderous. But I do not want another person raising my kids. I feel terribly sad.

There is a section of this forum you will see these types of op husbands kind of men. Where they discuss sleeping with tons of wayward women, and glory about it.


Most of them will end up like this ops husband if they don't change there ways.
Men like these always never end well. They carry so many evil karma around.


@Op you will have to seriously look out for yourself especially now he is exposing you to sti.

[quote author=Agboriotejoye post=87408366]The guy is a known propagandist. Very adept at twisting facts to fit his predetermined end. It will be dangerous to have such a guy head a govt think thank or advisory organ. [b]But he'll do well as a Goebbels sha[/[/b]quote]



Very funny
But that guy propaganda na grade 1

xpholico:
https://www.premiumtimesng.com/news/top-news/381218-sanusis-removal-peterside-rejects-cbns-invitation.html

Nigerian government doesn't know that the international community is watching them over this Sanusi saga.

You can dethrone him, but banishing him to a ghost town is extremely evil and wicked.
Sanusi Lamido may have been an emir of Kano but he was a global figure.
The world is watching.

condralbedez:
This man really love the wife oh

You know a man after meeting and associating with bad women all your life then you come jam an exceptional woman. You will give her your world.

I think the lady is an exceptional good wife to him. With this kind a man will enjoy his days on earth.

CanadaOrBust:
Google is you friend.

You are right. Saudi Arabia and Russia are doing the pricing war and increase in oil production to knock down oil prices and hit hard at US fracking/shale.

US shale has made US the highest oil producer. But the cost of producing Shale oil is higher than OPEC oil.
Oil prices has to be high for it to be lucrative.

So what Russia and the Saudis are doing is drive down prices. US shale will be driven out of business.

Before they recover it will take another 3 to 4 years.

diplomat058:
You asked, 'which industrial might?' Are you trying to be spiteful right now? Given all indices, you can not compare the SE to the SW. The latter is far ahead. Despite the fact that oil constitute the mainstream chunk, the region has still managed to dominate the non oil economy.
The other guy talked about the monopoly of Industrial Clusters in Aba and the rest and I asked him, 'how could you say such when Ogun State is widely regarded as the Industrial Capital of Nigeria.

I don't know what the talk about spoonfeeding is about. But I guessed you meant the unprecedented privileges enjoyed by the SE under Jonathan.

You can't compare a cat to a Tiger, bro. The figures don't lie. Check out the stats from the NBS, World Bank and so on and you would see for yourself.

Thanks and Good Morning

I don't need to argue that fact with you. The South West has been spoon fed by the government at the center since after the war. It's a well known fact.

Jonathan never did anything for the East. What privileges. Even his Niger Delta region he didn't do anything for them, talk less of the East. North even gained more from Jonathan's presidency.

As for mentioning World Bank, NBS statistics, etc.
The fact remains Nigerian economy is still below par.
What's Nigerias per capita
What's your contribution to the the $ earnings of the economy
What measures has your region taken to diversify
No keep on being spoon fed by central government and rolling out self deluding stats
Don't worry very soon oil will become obsolete then you will know how far