DomPerignon's Posts
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kettykings:Biafran soldeirs were the first to start killing civilians indiscriminately . The occupation of Midwest by your rogue army saw to many abductions and killings of non Ibo Bendelites . What of the trail of blood left by fleeing Biafran soldeirs after their defeat in Ore? Your soldeirs only stopped killing civilians until they got to Onitsha . Even during the occupation , Biafran soldeirs were killing indiscriminately any non Ibo they deemed as a saboteur. |
gidgiddy:But these were not soldeirs in uniform. The minute you change your uniform into civilian clothes deep inside enemy territory you are considered a spy and you know what punishment awaits both spies and non state actors like mercenaries - instant execution. |
seunmsg:Actually, if Murtala had not paused to maintain civil order in Asaba and had marched on to Onistha in pursuit of fleeing Biafran orcs , Biafran soldeirs won't have had the time to dig in around Onistha or blew the bridge. I believe , Murtala wanted to prevent a total breakdown of civil order in Asaba . If he had marched on chasing fleeing Biafran orcs , the war would have ended more quicker . |
duro4chang:Well, it was a war and there are no legal definitions on how to kill the enemy. You just kill em outside using biological or chemical weapons in civilian areas. Chemical weapons are not banned as most people think. They are only banned to be used in areas of high civilian concentration. |
No. It was more of extra-judiciary killings and not an ethnic cleansing as we've been made to believe. Was it a war crime ? No. This is because those rounded up and shot on the orders of Murtala had been actively collaborating with the Biafra invaders. Most people do not know that immediately after the Biafran orcs retreated from the Midwest , there were reprisal attacks carried by non Ibo Bendelites on the Ibo speaking tribes for actively conniving with the Biafran invaders. |
muykem:Understanding the Ibo is not rocket science as the Ibo is an impulsive being inspired by greed and materialism. |
The Swedes voted for the first time a hard right party that has since declared multiculturalism and open borders a massive failure. Sweden is now embarking on massive deportation of immigrants and asylum seekers owing to an explosion in criminal activities carried out by this demograph. The criminal deposition of mainly Arab and Muslim migrants is what made the Swedish people vote in a conservative hard right party . Sweden has reorganised her once liberal open border policy to having very strict immigration rules. |
nighthawk1:Recalling excess liquidity through the open FX market. All monies raised from this, should be recalled and destroyed . This will curb inflation . |
nairalanda1:Just get out. |
grandstar:I still stand on my projection. All that Buhari era loot will soon be converted at such a high rate. They are closing accounts before Tinubu appoints a substantive CBN governor who will freeze these accounts that normally would have been flagged . |
crismark:Actually, the importers are the ones set to lose. |
Cyoung4real:It will crash because there is no money to support any import based business that utilizes the current high rate. You don't even know that floating the naira benefits local manufacturers as they are the ones who will recapture the market from importers . More FX will flow to manufacturing firms to import critical production inputs than will go to importers . Tinubu has even hinted on opening the borders for imports,thereby removing any protectionism. When importers see they can't compete with high FX they will switch to local manufacturing. |
coleon:Normally I won't reply to ignorant posts like this but for sake that others will be infected with your brand of stupidity I must clarify certain issues you raised. Firstly , this is the second time the naira has been allowed to float freely . The first time was under IBB after the disaster known as Buhari had wrecked the economy . Buhari hid under protectionism to hide the dwindling FX reserves which greeted his treason on our polity. A simple check on FX reserves from CBN archives will show you a significant dip in FX holdings between December 1983 to January 1984. As Buhari carried out his coup on our polity on behest of the then struggling Thatcher govt that was battling a recession, huge amounts of money was moved by Buhari to pay our creditors in London . This was a debt that was hanging from the senseless civil war which you guys instigated. Shagari had insisted on debt rescheduling due to a slump in oil price and huge theft by the Obasanjo govt - notably, the missing oil money scandal by the Buhari headed NNPC. Britain at this time was dead broke and was facing waves of coal and rail workers strike. This was when Baron Victor Rothschild as adviser to the Thatcher govt and head of MI6 instigated another coup in Nigeria. The first being your senseless coup of Jan 15, 1966 that turned Nigeria from zero debt to owing Jewish Banksters in London which Rothschild was a major creditor. IBB was forced to float the naira in other to reopen the economy. The naira was fixed at #4 to a $1 and after its first trade closed at about #12. That's a whooping 300% devaluation and nothing compared to the current drop we are witnessing By the time Abacha took over it was at above #20 to a dollar. Abacha will borrow some buharimonics for political reasons only and despite this, the naira was forced to crash to about #40 to a dollar on Obasanjo being sworn in. So between 1983 to 1999, the naira devalued by over 1000% despite all artificial attempts to prop it up through fixed pricing. You must also understand that the naira is one of very few currencies that has never been traded internationally, thereby making it a non convertible currency outside it's soverign borders. You can only convert naira at Nigeria's land borders. Outside this, you will not see anyone willing to touch it. You argument is based on continuing the failed system that only promotes a parallel market which insider traders are the only beneficiaries. You know nothing. |
Roger3D:I am sure she used her adulthood to the fullest to vote Obi. Child kor, pikin nii |
Sweetrosie:All humans are bipedal. |
nairalanda1:Cashless policy had zero sense. It put banks as un wanted business partners in every transaction. The banks made huge money from fund transfers and also currency trading. The human suffering especially those outside the formal sector especially in rural areas was immense. How any of you try to rationalize a very bad policy shows how partisan you reason. |
ChybuzzDD:We will see how your Biafra currency will turn to the new Dollar of Africa . |
Also supported Emefile's senseless cashless policy which was openly brandished as a political tool to curtail so-called voter inducement and to end kidnapping and banditry. The idiots did not see that Emefile was abusing his office using the cashless policy that was meant to actually mop up excess liquidity printed and circulated by same Emefile to prop up the failing economy that he contributed immensely to its collapse. |
Angelfrost:Then why Tinubu rolls out policies to discourage importation, you guys will be the ones screaming "anti Ibo". |
AfricanColumbus:You are dreaming. You think FG will continue subsidizing your region ? All those FG and state projects that were built with loans, you think FG will continue paying for them ? You don't even know why so many Nigerians who hate your ass are now clamouring for your Biafra . |
pacesetting:Maybe if you spent as much energy expended complaining to Seun about other posters airing their views into educating your people not to be so materialistic , then maybe we won't be reading about them everyday here for one crime or the other. |
Demand for FX to import fuel will see to a vicious cycle of increasing FX that will see to higher cost of PMS. With or without fuel subsidy removal,the cost of fuel will still go up as long as we are importing and maintaining a scam subsidy regime. Let's put politics aside and remember why you supported subsidy removal under GEJ and how politics and a president too weak to follow up on his own policy saw to doomsday being postponed. . Even if by miracle Obi finds himself in Aso Rock, do you think he will return to the status quo.? Will you now support the current system because your Obi supported it ? Remember that you Obidients blindly supported the worst monetary policy ever initiated by a sitting CBN governor and you did not even bother to hide your partisan reasons for supporting the cashless policy . |
1. No looting via subsidy scam 2. Forex challenges have seen to high cost of fuel after deregulation because 99.9% of fuel in Circulation are imported. 3. Modular refineries now look like a good venture that will not only eventually end fuel imports , reduce demand for Forex , capital flight but also create much needed jobs! The same argument for fuel subsidy removal in 2015 still holds sway today. With a serious govt we can easily turn this around . Both the deregulation of fuel and the FX market are a big win for Nigeria in the coming months. The FX window has seen to massive mop up of excess liquidity from the system. This excess liquidity is what Emefile created from thin air to artificially prop the last disastrous Buhari regime. Emefile's cashless policy was a slight of hand gimmick to mop up most of that excess liquidity he created from thin air. The FG must use the FX market to remove all that excess liquidity in circulation. FYI, only Buhari looters are the ones desperate to bid so high for Forex as the sack of Emefile, who gave them cover in hiding their massive naira stash accounts is no longer heading the CBN. A deregulated FX and fuel market will in due time see the naira stabilizing to 350-400 in the coming 3 months and fuel pricing crashing once modular refineries come into commission. Anyone using this most neccessary policy shift for political gain is evil. Yes, Tinubu was part of those who opposed deregulation and it is fitting he is bearing the brunt for seeing to dregulation of the FX and fuel subsidy scam removal But we must commend him for being brave enough to do the right thing. Inb4: "you voted for him". I didn't but that won't stop me from supporting a good policy though painful for now. |
FG should begin recalling most of the currency in circulation printed from thin air by Emefile through this Forex window. This how the FG can utilize the Forex to remove excess liquidity from circulation and drive down inflation. The only people betting against the naira are Buhari looters who , without Emefile's protection, are now moving their loot through the Forex window . No genuine business will bid so high for Forex in such a challenging economy. What do they want to import that they are desperate to bid so high for Forex? In a few months, if the FG compels the CBN to withdraw all excess liquidity from funds raised through the FX open window bidding, the naira will regain to about 350-400 to a dollar. |
AfricanColumbus:See my post above. You still believe you will get access to Nigerian markets and Forex flow coupled with federal subvention. Remove all these first and pounder how your Biafra will look like. |
When the SE is expelled do you think they can sustain any of the HDI you mentioned ? For one, they won't be able to sustain their import based business model as the Biafran central bank will not have Forex flows to support such imports. Then when you consider that they won't have access to Nigerian market this spells doom for their business model. What of food imports from Nigeria? Biafra will have to pay in either naira or dollars. Nigeria will not accept useless Biafran fiat currency. What of infrastructure ? Most of the gains they enjoy from this is either through direct federal govt funded projects or in the case of state projects, subventions from the federal govt. The only Forex flow into Biafra will be from diaspora remmitance and it will be looted and the Biafran currency devalued and debased to hide this . Biafra will be a shit hole and descend to unimaginable chaos, anarchy and degradation . The UN food agency as well as other relief groups will be the major source of food and medicine in Biafra. |
The cop was abusing the court to extort Stella. Him own don done. |
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