₦airaland Forum

olajide_07: Nice one, but just thinking why can't they relax the inflationary thing, hold it at a double digit, reduce the MPR, close our borders from importation for about 10years*SAP*, I think it would hurt those selling goods to us and force us to manufacture, and they also would be force to establish manufacturing plants in nigeria, their by creating real employment, standards and real wealth, then we can export and then devalue the naira while winning on all fronts just my idea-

okeymadu: Dear OP, you made quite a number of point and stayed in between the most ideological policies. I will make a brief analysis of what you said and why the CBN current moves tend to be sensible given the times.

MPR - some have argued that the MPR should be lowered and I believe you seems to support this assertion. But come to think of it: Commercial banks are not going to open their vaults for most manufacturers. They prefer trades which are quick wins. So, lowering the MPR won't change this. You may check history and justapose periods of lower MPR to commercial banks lending to the real sectors of the economy.

Infrastructure - this is where I believe government should begin to seriously tackle. Recent interventions in this aspect have not yielded commensurate result.

Development Banks for each state - we both know that this is not workable. Do you know how much will be spent on overhead for the proposed banks? Let's instead empower the existing DFIs and broaden their scope.

I'm presently typing from phone and as such won't be able to go into more details. However, the article is a good intellectual piece.

thoth: Boko Haram was created so that Nigeria could be named a terrorist state, it is the intent of the West to reduce Nigeria to No 1 Less peaceful state, in an asymmetric warfare they use their economic saboteurs(Okonjo Iweala), their Terrorist (Boko Haram), Their Media(CNN,BBC, all our newspapers and televisions) to push the peoples tolerance to break so that the country would break on its own,when you can no longer sustain order all you have left if chaos. you and i are now getting more and more restless and when we have reached the predicted margin it would all happen so fast and they would lead us and we will willingly follow to our slaughter house.

In all this disorder and chaos there is a pattern, an order of which steadily guides this chaos and leads it to predetermined conclusion. Chaos Theory.

stone07: Ecobank muritala branch ilorin is holding my 7k since april 29.

lacasa: May GOD increase you in Wisdom yr highness.



#.. Let d so-called military go n raid Aso-villa.


That's where the Terrorist Headquarters is


Nonsense! ..Eniska kawai!!

lacasa: May GOD increase you in Wisdom yr highness.

I thought u have been captured in Maiduguri? Nawaooh,like Abu Qaqa u have suddenly reappeared. Thats y terrorist are suppose 2 b killed not arrested 2 avoid escape story



#.. Let d so-called military go n raid Aso-villa.


That's where the Terrorist Headquarters is


Nonsense! ..Eniska kawai!!

Aahammed1: @ useless eazee e are u crazy. W

jude33084: I beg make we leave all these hatred stuff jare

Sheik Gumi has said it all

isetilaye: this particular issue u have raised has also been raised today at least in 3 different topics,ppl asking about the whereabout of some ids.the problem is somehow complx but i believe it is mainly due to time,the mods nd other nairaland members.

zangality: So shall it be...

khaz: Whether U nd ur Evil America lyk it or nt...... Islam Reigns 4reva!!!!!!!!!!!!!!

isetilaye: to be honest,the rate at which insults is traded in the politics section is enough to disciurage someone but just like u said he cant just vanish like that something must happened .i think u are right