It is official, Barcelona's star man Messi now follows Chelsea fc on instagram...What do you think? Will MESSI join the EPL giants at the end of the season or does he want to end his career at Stamford bridge?
Despite recent measures adopted by the federal government to protect the economy from the adverse effects of the falling crude oil prices, a report has maintained that the Nigerian macroeconomic environment will continue to be vulnerable to exogenous shocks in 2015.
It also predicted that the naira would fall to N200 to a dollar at the parallel market.
The Financial Derivatives Company Limited (FDC) stated this in its latest report titled: “2015: Pain Before Gain,” obtained at the weekend.
Oil prices are still plunging even after losing over 50 per cent last year (now about $56pb).
Also, the naira has remained volatile while interest rates are strangulating at 22 per cent per annum.
“These are some of the issues that made the second half of 2014 a rough and tumble period as well as one of the most interesting years this decade for Nigeria.
“Against this background that shows that cyclical economic downturns and recovery are inescapable, our findings reveal that the Nigerian macroeconomic environment will continue to be vulnerable to exogenous shocks in 2015.
“This is mainly because oil prices and international capital flows will continue to be dominant features in the Nigerian macroeconomic equation,” it stated.
It, however, pointed out that the challenges are not Nigeria specific, citing the example of Venezuela that is in a recession after three consecutive quarters of negative growth and reported an inflation rate of 63 per cent.
In the same vein, the Russian economy is reeling with the ruble down by 77.79 per cent in 2014.
But FDC noted that some of the pertinent questions that would affect all Nigerians in 2015 would, among others, include if the naira would cross N200 to a dollar.
“Will the naira cross N200/$? Yes. The parallel market rate is expected to cross N200/$ as dollar demand pressure persists. A N200/$ rate is only a 15 per cent adjustment as against 45 per cent devaluation in 2009.
Although projecting the value of naira is currently clouded by several domestic and exogenous factors, the fair value of the currency is expected to be between N180/$ and N195/$ at the interbank market,” it argued.
Furthermore, it noted that the recent naira adjustment by the CBN was timely, adding that the exercise had brought about equilibrium in some segments of the forex market.
FDC, however, predicted that a further depreciation of 3-5 per cent was also expected at the official market.
“This is due to anticipated impact of the global oil market spiral on external and fiscal buffers which limits the central bank’s ability to support naira.
“In addition, if the US changes its monetary policy stance, there might be a reversal of capital flows and an erosion of some of the external reserves.
“It should be noted that on July 18, 2014, Goldman Sachs forecast that the naira will trade at N165/$ in three months, N175/$ in six months and N195/$ in 12 months.
The Chairman of Global Business Policy Council of A.T Kearney, a top global management consulting firm, Mr. Paul Laudicina, has named the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, number one on his list of five “Unsung Leaders of 2014” based on a survey.
Writing in Forbes magazine, Laudicina said the minister and four other distinguished leaders stood out for demonstrating “capability, reliability and authenticity” in the discharge of their duties at different levels.
Okonjo-Iweala, the first woman finance minister of Nigeria, the world’s seventh largest country, was lauded for fighting endemic corruption and helping to refurbish Nigeria’s image and economic prospects.
The management expert stated that while there is a tendency to focus on the negative and on leaders who fail to live up to expectation, “maybe we have not looked long or hard enough to find the real leaders right under our gaze.”
He stated that “We all know intuitively that none of our institutions would be working at all if there weren’t committed, capable, reliable and authentic leaders delivering on their promises day in and out, and adding value to the lives of the people they serve. “We also know the difference a respected leader can make in inspiring broader support for noble humanitarian, peacekeeping, or governmental missions.”
The others on list are: Pope Francis’ right-hand man and Vatican Secretary of State, Pietro Parolin, Indian-born engineer, Arati Prabhakar, who is the Director of the US Department of Defence’s Defence Advanced Research Projects Agency (DARPA), the brother of Jordan’s King, Prince Feisal Al Hussein, Prince Feisal, and former President of Mexico, Felipe Calderon.
Revelations that worshippers at the headquarters of Christ Embassy Church in Lagos had to pay N1,000 each as gate fee to attend a New Year’s Eve service presided over by Pastor Chris Oyakhilome have shocked many Nigerians and infuriated others.
Worshippers who wanted to attend the crossover service at Christ Embassy’s headquarters on Billings Way in Oregun Area of Lagos on 31 December, 2014, were made to obtain gate passes that sold for N1,000 each.
Those who could not afford such passes were turned back and told that they could go elsewhere to worship or watch the service online for free.
While the practice is not new in Christ Embassy Church, it led to an uproar in January 2011 after it was first introduced on 31 December, 2010.
Many people described it then as extortion, abuse of ‘Jesus’ teachings and another confirmation that some Nigerian churches and pastors are more interested in making money than winning souls for God.
But the church explained, though informally, that it was a way of controlling the crowd and discouraging thousands of people who come to church once a year on 31 December and prevent “real worshippers” from securing seats at the headquarters on that important night.
The argument did not win many fans and under a barrage of criticisms, the church prayed the matter would be forgotten. Nigerians also hoped gate fee collection would stop.
But the practice has continued and is now seen as routine with those who cannot afford the money being turned back on 31 December of every year.
With a sitting capacity of roughly 20,000 seats, Christ Embassy might have made at least N20 million from the sale of gate passes used for the crossover service.
Worshippers in Christ Embassy and former staff have complained in the past that the emphasis was often too much on money in the church rather than on spiritual things Jesus Christ taught his disciples.
While virtually all prosperity churches in Nigeria apply the principles of “giving to the church to receive from God”, many say the level of financial demands and pressures in Christ Embassy Church is unusually high.
Since the revelations about the gate fees collection at Christ Embassy Church were made public last week, Nigerians have continued to express shock, outrage and indignation with many finding it hard to believe it.
Many Nigerians expressed their indignation on the social media, especially Facebook.
”Gate fee collection appears good for crowd control in a theatre or secular concert, but not sound enough in the house of God where Christ the head of the church bids everyone to come, even when they only respond once in a year,” said Femi Olulowo on Facebook.
He said the church should rather see their once in a year response as an opportunity to reach out to the loss (non regular attendees) and make disciple of them as Christ commanded.
“Even if the church prefers his already saved members to partake in a particular service, gate pass should have been given to them at no cost and they will have the privilege of going in first.
“The crowd control rationale for gate fee collection in church in my opinion is world based,” he said.
According to Onyeka Daisy Okochi, salvation doesn’t come at a cost.
Daisy said in the Bible, a man who wanted to pay for salvation was refused.
To Oyagha Anthony, Nigerian worshippers are gullible. “Did God come down through him (the pastor) that day?,” he asked.
“I have watched the man preach severally and I don’t know the magic in his sermon and anointing that keeps making people fall for his tricks and gimmicks.
“He quotes one Bible reference and shouts as if he just revealed what no man had ever read or seen in that passage before and then takes a run front and back and they all starts shouting. Just disgusting most times,” he said.
To Clement Ali, “does it mean if I don’t have N1000, I won’t be allowed into the service?
In that case, his intentions is the money.”
“Let them continue to pile up riches for themselves here on earth where moths will eat up and where thieves will break through,” Ali said.
He added: “SALVATION IS FREE and cannot be bought with money. Jesus said, freely l gave you, so also, freely ye shall give.”
According to Erijery Reuben Mateta, some people are born spiritually blind, deaf and dumb.
“However you preach to them they will never hear and understand,” Mateta said.
Eyitope Akeju could not believe that gate fees were collected at Christ Embassy Church on 31 December. “Somebody should please tell me this is not true. If it is true it means corruption is now everywhere,” Akeju said.
Patrick Orkuma asked sarcastically; ”Are you people just realising now that most of these so called Men of God are con men? People have been paying for prayers, so why can’t they pay for venue?”
To Aderibigbe Oluwasanmi; “Why are we going to blame a business name for doing his business, he is bussines man not a Pastor for real”.
Many others who commented on the social media were critical of Oyakhilome and Christ Embassy Church, urging the church to stop the practice.
Others even asked for tax officials to step in.
With over 70 per cent of Nigerians living in abject poverty and on less than two dollars a day, many believe that demons are responsible for their financial, physical and emotional problems.
They run to pastors for healing, miracles, blessing and protection.
But once in church, pastors often tell worshippers that to prosper and be blessed by God, they need to give ten per cent of all their income as tithe to God. Some also say they need to give ten percent of all their increases.
By giving to God, they mean, they need to “sow a seed in the church”. When they give money to the church, worshippers are told, the “money goes into their future” to transform their lives.
To refuse “to sow a seed” is “to condemn oneself to a life of hardship and misery”, pastors say.
But while few worshippers eventually prosper, it is the pastors who end up becoming extremely rich.
Many Nigerians pastors now own businesses, cars, houses, and investments within and outside the country. Some even own private jets.
Many say with his business model and financial strategies in the church, Oyakhilome was named by Forbes as one of the richest pastors in Nigeria.
He travels around the world in a jet and moves around Lagos with bodyguards and heavily armed policemen.
Billyonaire: OP, I must be frank here. You are the cause of the problem. I do not see anything wrong in wearing a butt-pad. Women use most of these artificial beauty-aids to augment their self-confidence and 'look good', it doesnt suggest she is cheating.
I will like to be blunt here; Your wife has done a lot to put up with a man who didnt plan well before engaging in a traditional marriage. You didnt couldnt even afford your rent after traditional marriage and you went ahead to impregnate your wife. Are you silly ? Now the poor woman helps to buy foodstuff, pay rent, and in fact buy herself cloths and butt-pads which is actually your responsibility as a man 100%.
You are NOT financially and psychologically stable enough to get married. I am sorry, this is just the plain truth.
I see nothing wrong in her actions, except ofcourse the curses and abuse, which are actually caused by your actions and inactions.
What about the woman threatening to kill the Op? Don't u see anything wring there?
cococandy: Are you the type that like your wife to work and deposit her salary in your personal account so that you will allocate to her how much she can spend on her bra and pant.
If she gets money you guys will build the house in your name alone so that one day when you're tired you will marry a new sisi and chase her out as the house is "your house" alone.
Most of you have slave master mentality. Tell me why you won't have rebellious wives?
One thing you have to know is that a man is the head of the house whether you like it it not..any woman that thinks she can control her husband should be ready to become single again...and any single lady that want to be the man in her marriage will be chanced by another lady...FACT!
Check ur bible in Isaiah 4:1
In that day seven women will take hold of one man and say, "We will eat our own food and provide our own clothes; only let us be called by your name. Take away our disgrace!"
So if you like continue to do shakara, very soon 7 other women will be struggling to marry 1 man for no gain other than bearing his name...we are getting there gradually.
mystiqueDZ: This lady must be beautifulllllll for you to overlook her bad mouth and still married her....
felicity111: what God has joined together let no man,church,behaviour,insults; put assunder
MissMeiya: OP, you sound like a dumbass. What do you want us to tell you.
Is that all you have to say You ladies, especially on NL are very wicked and evil...if the story was about how the husband beats or abuses the wife you all come out and spew trash, now the story is the other way round and you are here making silly statements.... mtchhhheeeewwww.
With respect and not insult this time, I wish to know the reasons why my identification handle on nairaland was changed from born2fuck to born2boink I felt deep in my heart that this is inappropriate to change the ID without my concept or agreement. Nobody is above the law but nairaland law did not specify that such ID was void before or after registration, and the same ID has matured for more than 3 years. I have been member of nairaland ranging from different ID till born2fuck for 7 years, I do not see any reason why someone who just come in thereafter my registration and have been given power to moderate or enter nairaland system could do anything he wishes to torment membership of this site, knowingly that some even go beyond penalising people who comply with the law for personal interest.
I want my ID reverse back to born2fuck immediately with apology, even if you want to re-change the ID, you may then contact me for negotiation and reason for change. Yours faithful
Walata Aka Dobodobo Master of Ashawology The Born2fuck
Wetin be boink again Una no go kill person for this Nairaland.. Oga Seun and mods make una help this guy na..see long story were I'm write join.
cococandy: Not just a bad husband. A criminal too. Tax evasion is a crime that earns prison sentence. He's lucky he's doing that in Nigeria .
True..Wesley snipes got arrested and jailed 2years for evading tax but this is naija were every religious person is a brainwashed zombie programmed to worship the pastor and not God so he will walk free.
PHIPEX: This is a bit funny. Since Oyakilome preaches tithe, where does he expect these workers that have not been paid since June to get their tithe from. If any of these workers is his member, has such a person sinned if he failed to pay tithe?
A very good question..@gombs, come and answer question for your demi-god.
unmask: the difference between all you mentioned and a homo is that homos don't hurt people.... If an homosexual forces a person to have sexxx, then it's rape.... If it is a child, then it's pedophilia.... So you can't compare a homo with those
When a homo forces or cajoles a child to have sex, that child has a higher percentage of being a homo too..I knew of a guy who was sexed by his uncle when he was around 12..that was how he ended up being gay..He wasn't happy about it and that's how he was hurt by a homo..
However, what about those that practice beastiality? I guess they too are harmless and don't hurt people too? Definitely they too must be born that way right?
Let's be frank, most people are responsible for their sexual actions and desires..A woman can decide to have sex via the anus, that doesn't mean she was born that way..rather that is her sexual choice. same for gays, lesbians etc
Go and research well, you will find out that even the ancient Spartans were force or cajoled to sleep with themselves to improve the bonding within the army..
That's another evidence that people weren't born gays rather they made a choice (forced or not) to sleep with fellow men.
unmask: there in lies your prejudice..... You don't believe anybody was born gay then please prove it.... I too don't believe anybody can be born blind, an imbeci.le, as a siamese, as a deaf-mute..... But then people are born that way.... Does it make them less human?
If you believe anybody was born gay, then you must believe that some people were born as a peadophile, rapist or with bestiality tendencies etc..Do you?
anselm791: If it's really petrol, the report would have 'half a congregation dies from chemical pneumonitis' and I would have been laughing my ass off.
anselm791: Cause you don't die from eating grass, but I do know it's possible to brainwash people and that's where I'd get a good laugh when they die, there are far too many foolish people as it is walking the earth.
This is gotten from a UK website on the topic..here are some members reactions after drinking the petrol
The first willing taster said: "It has a lot of fumes but I don't have any side effects." According to health experts the petrol is dangerous if consumed as it is poisonous and can be very harmful. If swallowed, it can also lead to dizziness, a feeling of being drunk, extreme fatigue and can lead to unconsciousness. It can also cause lung problems and can cause damage to the lining of the throat. Some symptoms seem to be displayed by some of the congregation in the video.
anselm791: If it's really petrol, the report would have 'half a congregation dies from chemical pneumonitis' and I would have been laughing my ass off.
anselm791: If it's really petrol, the report would have 'half a congregation dies from chemical pneumonitis' and I would have been laughing my ass off.
I don't think you know this pastor and his members very well..if the pastor could make members of his church eat grass what will stop them from drinking petrol?
Controversial South African Pastor Daniel Lesego of the Rabboni Centre who once made his church members eat grass is in the news again. This time, he reportedly asked his congregants to drink petrol. A video circulating online shows the man of God praying for a bottle which according to him contained petrol, to be turned to pineapple juice. He then offered it to his congregants to drink. Some of them were exclaiming how ‘sweet’ and ‘nice’ it tastes, some said it tasted like the blood while some others begged for more. Some of the followers are seen collapsing after drinking from the bottle of petrol turned into juice.
KoloOyinbo: Yes I promote tolerance. Intolerant people ARE uneducated savages!
Do YOU feel intolerance is educated? Do civilized people preach hatred - of course not? Should you no be promoting tolerance and education?
Sigh, I have travelled the world and seen much over my 58 years but always despair at those (in ALL cultures and ALL races) that promote or passively accept intolerance.
All these words yet you aint tolerant yourself..if u want to pass a message across it is best you use less insultive words because not everyone will support your stance. It has always been like that and thats the ways it will be..just the same way the gays can never be obliterated from this world..they have been here from time memorial and will still remain.
Dont worry because I dont hate gays and I dont hate you...wish you all the best.
KoloOyinbo: Sigh! Pathetic attempts at self justification. I have not tried to FORCE acceptance of anything merely to condemn all forms of intolerance. Try READING what was actually said. I only bother with this Nigerian Forum not other ones due to my strong links with and love f Nigeria. Not interested in American Forums. Most people find gays or otherwise irrelevant to them. Where have I pretended to be pure and holy? (Do you even read or just rant randomly? ) As I keep saying I merely condemn all forms of intolerance against Gays, Blacks, Any religion etc etc etc.
What is your issue with people that promote tolerance and condemn hatred? I suspect you may have some issues but do wish you a happy life anyway.
You promote tolerance yet you keep on insulting people and telling them they are uneducated savages..Clap for yourself..And truly you won't find yourself in western forum where you come from because you are nothing but a pretender knowing fully well that you will be kicked out immediately when you try to force people into accepting your stance by calling them savages or poorly educated as you do here..Hehehe.
I state again, if you truly want to promote tolerance then start from your own homeland where blacks are treated as crap and gays are treated as shit..
KoloOyinbo: And I don't hate you, I only condemn your irrational fear and condemnation! LOL
Seriously I don't want you to be upset, angry or fearful. There have always been a small proportion of people who are gay and always will be a small proportion. That does not make the rest of us less 'straight' - I promise you this. You will be happier if you just relax and live and let live! I have many gay friends and straight friends and friend I don't know what their sexuality is. I don't actually care!
I just care that I get my two weeks in Lagos next month to make my pepe and chop my little babe who I will marry! Its sad that there is so much hatred on Nairaland - if it is not anti gay then its tribal etc. I accept that after all nobody is perfect - (although I do come close ).
Fear for what You are the one displaying fear hence you try your possible best to force gay acceptance which we all know will never be possible.. Gay acts were and will always be condemned right from time memorial..
As for hatred on Nairaland, I will advise you to use the strength and enthusiasm you displayed today here on this forum on other foreign forum were they display hatred towards not only gay people but also towards blacks (racism)..Try to inform them on how poorly educated they are and don't forget to inform them that they are savages too..hehehe.
You guys keep on coming here to say we have hatred were as the real hatred lurked in your hearts..I was on an American online forum were many people openly condemn the gay act and you are here pretending to be pure and holy..
I still stand that myself and most people don't hate gays rather it is their act that they condemn which they want to perform in the open.
KoloOyinbo: I insult no one. I just point out hatred and ignorance for what it is - the act of poorly educated savages.
I neither support or oppose the gay act. I have said nothing to contradict this as anyone who can properly read will easily see. I merely recognise that the are different from myself and most others but have a right to live their life as they chose.
Do you feel so fearful and threatened that you must rant not only at the gays but at those who refuse to blindly follow a howling mob and condemn them? The Nazis were very good at whipping up hatred and fear of the Jews!
If you read my post clearly without hatred in your heart, you would have observed when i stated that i dont hate gay people, i only condemn their acts. I guess you didnt see that, so continue with your hate rant oh educated and all wise one.
KoloOyinbo: Check you posts for ignorance and hatred just because someone is different.
I don't hate anyone. I point out ignorance so that people may address it and thus improve themselves. I call hatred savagery. Those who hate ARE ignorant Savages!
Tolerance of others is highest among the best educated and lowest among the poorly educated who know no better.
You claim that you are best educated and tolerant yet you come out here insulting people who dont support the gay act? hahaha