₦airaland Forum

shadeyinka:
I am not happy with Nigerian economists because I believe that they leave the very simple economic theory to speak big economic grammers.

The size of an economy or its strength shouldn't be measured in terms of GDP for instant. It should be measured in relation to real production/ consumption ration AND I said reap production to exclude exportation of natural resources.

Exportation of Natural resources gives a country foreign cash to spend at the expense of weakning the economy.

Real economy is all about adding value to commodities. In exportation of crude for instance, what value has been added?

If Nigeria in 2016 is behind Japan of 1920, there is a deep fundermental problem!

Real Production is the back bone of Economic strength.

[size=18pt]A consuming economy like Nigeria is no economy! They are living on lottery funds[/size]

o42austino:
it's not how it benefits politically to me but, the lesson of an under Dog who was an outcast within his party, hated by the media but, cherished by his people....no matter what happens in your life or Around you, you just have to keep pushing..

Truth234:
Not just small, it will jump. These are why:

To revamp an economy like ours, we need to spend aggressively to create jobs and attack unemployment (13.3%) in order to boost consumer spending, but with oil prices this low, it is practically impossible to spend what you don't have. Hence, the reason PMB is seeking to borrow $30 billion to augment declining external reserves ($23 billion) use to back the Naira and offset deficit created by global oil glut.

Two, at $210 a barrel, diversification becomes a reality and FG will deploy all tools towards its actualization, backed with cheaper loans.

Three, Not just will our capital importation surge, we will also attract real foreign investors interested in long-term goal.

Please do not forget we are mono-crude oil economy, nothing will be achieved without oil revenue. We need it to strategically diversify the economy.

july66:
No, not the president. The supreme court has allowed justice to prevail.

4Play:
This post plumbs new depths of crassitude. So we should celebrate these figures because they occurred during a recession that was self-inflicted?

The low capital inflows reflect the government's bone headed decision to maintain a fixed exchange regime: an economically illiterate decision you were a passionate advocate for. Are we supposed to celebrate figures which are an embarrassment for a nation of 180m merely because they are less catastrophic?

You also need to distinguish between gross capital inflows, which these figures represent, and net flows (the difference between gross inflows and gross outflows).

To call you a paid propagandist is a compliment as one cannot fathom the sheer magnitude of imbecility required to subscribe to some of the views you espouse on this forum.

kamalcole3000:
Any attempt by Buhari to shortchange the South on this one will be fiercely resisted.

kamalcole3000:
Who are We? The northern ethnic bigots I presume

The only reason we will accept any other CJN apart from this man is if the person is from the south.

Any attempt at all to replace him with a Northerner will spell doom for Buhari and his govt.

Whom the gods will destroy,they first make mad!!!

kasheemawo:

drss2:
d dullard's reign of terror will soon be ova.

PaulIdu:
Okay I will take that portion out

PaulIdu:
In other Armies that would be norm but he was left in the field battle fatigued alway moving from one battle theatre to to the other as if he was the only Armoured officer the Army had

Greataausim:
Hmmm.... Sylvia can't never win any elections in bayelsa state under the platform of APC....
Dickson is the man "Baba Tripplets"....

Geniro:
Old man without common sense.

Geniro:
Dropshot is a shameless paid sycophant. He doesn't even reside in Nigeria so he doesn't feel the pinch of his nefarious sycophantic job.

90xtr09r:
Lying propagandist, keep on gnashing your dirty teeth on NL...

"Nnamdi Kanu is a refined man, educated in London and behaves in a highly civilized, diplomatic manner as opposed to jurists, officers of the court and the federal government there..."
- American Mary Helen Bernstein to Judge John Tsoho, August 2016

Despite all you enticements and inducements, NK remained unwavering. Your hypocrisy won't let you own up to your treacherous ways and understand that your blood money means absolutely nothing to NK but Biafra restoration.

basilo102:
Why do these dumb zombies consider this a good news?? Just like the naira sank to 350 from 305, when in gain little change and becomes 345, zombies will start celebrating. dumb president, dumb zombies

Izonpikin:
this one wey them don shake up the judiciary sylva fit go win dickson ooo...

SamuelAnyawu:
Nice One....


[s]Fainally we getting to 10% of the Capital imports Jonathan Achieved....
[/s]

Sai Baba


Wailers will not be happy with this News but God Pass them




I Stand With Senator Samuel Anyanwu 2019

Keneking:
Useless data, nonsense economic situation ....

4Play:
$1.8bn pales in significance to the $2.7bn achieved in Q3 2015 and the $6.5bn achieved in Q3 2014. Capital inflows have fallen significantly since the Buhari regime came into power.


http://nationalmirroronline.net/new/nigeria-records-6-54bn-capital-inflow-in-q3/

odomanis:
You guys should take it easy. yes it is good to be sober. But there are also reasons for them to be happy at the same venue. It all depends on your reason and state of mind at the situation. What if they are happy because the fallen heroes are getting the honour and recognition they deserve ? What if they are happy that despite the situation of things in our country, there are still some Nigerians who still believe in the country and love it to the extend that they can lay their lives for the country? Please let us reduce our judgemental stance and allow judgement for God. Only God knows the heart of all men.