₦airaland Forum

angels09:
He's committed no offence.

We will find out at the right time. 2018 is around the corner.

redvektor:
I no tins are kinda bad in bayelsa right now cuz of the non payment of civil servants salarys some are being hold 4 to five months salarys

but not as the jonalist is painting the whole story I even made a face book post. yesterday on the economic situation of the state yesterday

and d funny tin about this whole saga is even the elites of bayelsa the traditional rulers and some highly place individuals are just kiping mute about the whole fin


but this jonalists can lie sha bayelsa is broke but bros u need to see the crowd @ bolex or stopover night club
hotels too are also making money lol d guy is funny tins are bad but bros no be as u write am

Going by your post, I have more reasons to believe the writer. Clubing has always being a venture of the middle and upper class citizens. So, you cannot really judge an economy by performance of night clubs but by restaurants and Mama put activities.

Bayelsa is sick. No doubt.

OgbonnaUbani:
Is the national economy handled by APC doing any better? Boko haram mentality.

Yes, the national economy is doing far better considering that the FG is not owing and also bailing out States.

IzonOwei:
We have a very foolish gorrila as a governor... A fool... Nonsense.... A state with so much languishing in poverty...gej imposed that idiot on bayelsans and then lost the presidential elections.. Nonsense...

Long time brother. I'm ashamed for many of our leaders. Surely, Bayelsa, Rivers and a few other states don't have any business being poor.

bankylan:
Why can't u rid yourself of slavery mentality before talking about Fayose...

As usual, wailing zombies are not known for making sense.

angels09:
You're a joker

Are you in anyway capable of preventing his trial?

Flets:
Rubbish. .... absolute rubbish

The suffering is real and tangible for christ's sake. These continued town hall meetings are distractions.... fix the damn problems.

When will the petrol queues be ending?
When are we getting to the power supply level as at May 29th?
10k naira cant even do a decent weekend shopping as the prices of items has gone over the roof

Keep enduring brother. Tough times don't last. Tough people do.

This shameless idiot should just shut the fvck up.

I can't stand holier than thou personalities when in fact they're known to be worse than those they condemn.

Abati has long lost all his credibility when he refused to tell the IB some basic truths. He is also a very corrupt soul.

juniorportland:
why dem never arrest this guy

He has run away to USA. No matter what, he will surely be arrested someday.

GworoChewinMaga:
In the US forex is sourced not from the federal reserves but banks and other private entities.

China is following this policy of deregulation the forex market and seeing the benefit of its citizens owning forex as against only the govt providing forex.

The direct impacts of this is that Nigerians can have a local account in any foreign currency o their choice. This will thus limit capital flight and also ease the pressure of having one source for forex.

The case o putting all your eggs in one basket is what Nigeria is doing by having only the CBN to supply and hold forex.

As things stand now the naira is non convertible outside Nigeria and as such is seen as an artificial currency.

I didn't expect you to bring US as an example for obvious reasons which I'm sure you know.

What China is doing now was started long time ago by first working on economic self reliance.

Nigeria will first need to go through economic diversification which will ensure multiple sources of foreign exchange before your proposal can work.

So, I believe the govt is doing what it can do in the situation we find ourselves.

4Play:
Your premises are flawed and miss the substance of my posts. The government does not have to provide the forex as the market can adequately provide forex. The key difference is that the market will provide it at a price higher than N199 to the dollar which will reflect the true exchange rate value.

You may say that this may cause hardship for Nigerians but Nigerians are already experiencing hardship due to the hamfisted attempt to provide dollars at a fraction of its true value. Scarcity is the inevitable consequence of price fixing below the market value - hence fuel scarcity and dollar scarcity. Indeed, if you go back to the first Buhari government - we had scarcity of many goods as the government sought to fix the price of things like sugar.

One thing I have also noted in my previous posts is that the fixed exchange regime accelerates the Naira's depreciation as I noted here:#

Whatever hardship Nigerians are going through now will become a child's play if sourcing for forex is completely left in the hands of parallel marketers.

In fact, I don't know of any country that does that successfully. If you know, I'll appreciate a few examples.

4Play:
The sad thing is their obliviousness to their profound economic illiteracy. He puts up an article about the ill-fated move by the Egyptian government to fix exchange rates, instead of leaving it to market supply and demand to determine as economists recommend, and proclaims that this illustrates that the Nigerian government is vindicated!

To the contrary, the Egyptians are doing what the Nigerians are doing and are predictably failing. The fact that they have chosen to devalue a bit doesn't refute the fundamental diagnosis - governments cannot simply fix echange rates unless they have sufficient forex reserves to back it up. Nigeria does not have the reserves to fix the Naira at a particular price level so insisting on doing so will cause unnecessary hardship and creates opportunities for corruption via round-tripping. Why is this so difficult for Nigerians to understand?

What then can the govt do in the situation it finds itself given the fact that it MUST provide forex for many essential imports?

What exactly is the way you propose since the govt doesn't have enough dollars to make available to those genuinely needing it; and the fact that it cannot afford the exchange rate to be left completely in the hands of parallel market traders?

I await your clear suggestion and not ......

JazakaAllah khayran for this wonderful and beautiful reminder.

Alhamdulillah I'm a Muslim.

Jumah Mubarak to all NL Muslims.

Jazakumullah khayran OP.

Jumah Mubarak to fello NL Muslims.

Dmillionaire:
I dont like it when sentiments rule our judgments, in as much as I am ok with the trials of politicians on there corrupt practices, the investigation and trials should be institutional and overboard of every political office holder whether current or past politicians.

For our information, the budget signing is been delayed by pmb due to, saraki's trial. according to apc inner caucus saraki must be removed b4 our budget is passed.

Who told you so? Stop spreading unfounded lies!

the same pmb was alleged to own several houses and businesses outside his declared ones at the cct.

Alleged by who? Igbere News or Breaking Times? Yeye dey smell.

its a pity that nigeria can never get anything right for once, we have allowed religion and tribalism to choke our reasoning. am from the east but, I believe that what's good for the gander is equally good for the goose.

The first part of this is correct. Religion and tribalism have prevented us from progressing.

It's even worse with most of the SEerners which unfortunately is where you're from. It explains why your reasoning is skewed in support of Saraki.

Amaechi, tinubu, pmb, obj, gej, sanusi, ibb, fashola etc should face the same trial genuinely.

It's turn by turn. If those names have question to answer, they will one day be held to account. Karma is a bi.tch.

I cry for our youths, everything isn't politics, there's a big difference between politics and governance.
Am not here for pdp or apc this country need revolution, period.

Good.

But we're witnessing the revolution already. Or, since which year in our history did you hear that a former NSA is being held accountable for his past sins? Former Service Chiefs are being prosecuted for their actions and inactions; former high ranking public office holders being questioned and made to face justice irrespective of their position?

Wake up and smell the coffee.

TANTUMERGO007:
i no send you at all

Your actions say otherwise.

Another fool bites the dust in the hands of a god of men!

TANTUMERGO007:
dropshot don they view this post

You're noticed. Happy?

Nicely done.

Enemies of progress, what do you have to say?

They're all in pursuit of mirage.

aljharem:
Thank God it is a psycho talking not a sane person. Ipod believe her at your own peril

They normally masturbate over stories like this even though it comes from a rejected psycho.

Absurdly, they turn around to call the same psycho names when she starts having issue with a Bianca Ojukwu that was a se.x slave to the drug lord Fani kayode.

Confused set of people.

[s]

Achuwa1:
chai!!!
look how the illiterate president is using the EFCC to rubbish our democracy just because they want to punish saraki,,,,
i will keep saying it tht apc govt.is a big joke coz they are never fighting corruption.
for broad day light they have quickly cleared Danladi umar of corruption allegation & petition tht was filed against him coz the senate invited him for questioning.

[/s]
Stop crying a river!
Read clearly and you will see where it's written that a similar letter had cleared him during the IB's tenure.

Even if that wasn't the case, Saraki deserves whatever he gets. He broke every rule he shouldn't have broken to be Senate President and also refused overtures to settle the impasse amicably, saying his hands were tied.

Whatever he gets, he called for it.

This I believe is a grand design to nail the shameless greedy Thief called Saraki.

In his next life, he will learn the art and science of "give and take" and that of " live and let live". Backstabbers and traitors deserve whatever comes their way.

This I believe is a grand design to nail the shameless greedy Thief called Saraki.

Jesusloveyou:
gej, pej,saraki,ffk,fayose,kemi,bianca, and co are all saTANist ipob wailers, they can all Bleep themselves if they like.

IPOBs and their sympathizers are senseless. When Kemi supported Biafra's cause, she was hailed by them. What will these Nigerian Israelis say about vagabond Fayose whenever he starts having issues with any of their own?

Shameless people supporting and hailing anyone who goes against his/her own tribe and Nigeria but later turn around to call same person names when he turns against them.

Karma is a bit.ch

Great development

[s]

vega84:
What's there, this is the change they wanted nah, abi u no hear them de shout sai -buhari!!? U see the only tin y they wanted buhari to win was cos he is their bother, they didn't care that he was an arrogant dumb dumb who couldn't even show us his waec results! Anyway do they really need the fuel? Do camel and donkey need fuel? I guess not! Useless foooooooooooooooooooolssss #vegatalks

[/s]
The election loss is still traumatizing you. Showie!

Fedayeen:
plz telll us other evidence since you forgot that the main evidence are being thrown into the waste bin because oif EFCc shoddy job

He has 13 charges against him. So, there has to be numerous evidences in support of each of those 13..

Understood?

Saraki is a drowning man clinging to floating leaves.

Will he survive by the leaves?

Poor job by Umar there.