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EKONGKING's Posts

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Politics / Re: Gowon: Nigeria Would Have Been Better If Yar’adua Had Completed His Tenure by EKONGKING: 7:30am On May 07
Gowon of all people .

The man who sold his people for wad of cash.

8 Likes 1 Share

Crime / Re: How I Killed My Cousin, Friend, 3 Others For Rituals - Fruit Seller Confesses by EKONGKING: 7:27am On May 07
Just kill them , these people don't deserve to life and walk on earth.

4 Likes

Politics / Re: Shettima Aborts US Trip, Blames Faulty Aircraft by EKONGKING: 7:23am On May 07
Nigeria oooo

1 Like

Politics / Re: APM Terminals Confirm Plans To Invest $500 Million In Port Upgrade by EKONGKING: 3:27pm On May 03
Let the wailing by obedient begin

6 Likes

Politics / Re: Petrol Scarcity Worsens Nationwide by EKONGKING: 8:38am On Apr 29
Ok
Politics / Re: Nigerians Are Brainwashed According To South Africans by EKONGKING: 12:39am On Apr 29
South Africa itself is on way to becoming a failed nation.

Asian countries like India,Indonesia, Vietnam etc are marching forward.

While South Africa with so much head start is on a dick measuring contests.

4 Likes

Politics / Re: Petrol Stations Shut Down In Kano As Fuel Scarcity Bites Harder by EKONGKING: 8:30pm On Apr 28
If things continue like this in next 2 years, Nigeria will either disintegrate or be a failed nation like Congo or Somalia .

Lets not pretend or deceive ourself or blame other people by tagging them as enemy of nation .

Restructuring Nigeria is only path forward or else it leads to Disintegration or a failed state .

32 Likes 4 Shares

Crime / Re: Cocaine Trafficking: Two Drug Dealers Sentenced To Life Imprisonment by EKONGKING: 11:59am On Apr 28
Businessman aka developers busy with developing all the countries in world except their land in south east .

15 Likes 1 Share

Travel / Re: Five Killed, Over 70 Cars Burnt As Tanker Explodes In Rivers by EKONGKING: 11:05am On Apr 27
Why do petrol laden lorries crash like literally every month and kill people .

we dont hear these reports from other African countries talk less of western and Asian countries.
Politics / Re: How FG Borrowed Over N3.8trillion From CBN In 6 Months by EKONGKING: 10:17am On Apr 27
ok
Travel / Re: Many People & 100 Vehicles Burnt In Eleme, Rivers Fuel Tankers Explosions by EKONGKING: 8:57am On Apr 27
Why do we not hear these type of accidents in other African countries.

Why only in Nigeria these happen monthly

31 Likes 2 Shares

Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 4:38pm On Apr 25
ThBoss:


600Billion?

S/N Countries Forex Reserves Including Gold
S/N (data in millions US$)

Calculate in billions .

1 billion is 1000 million so

It's 643 billion dollars
Similarly for Nigeria it's 34.9 billion

1 Like

Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 11:07am On Apr 25
chccho:

Are u sure u read and comprehended the information correctly??

yes, its seems u r reading incorrectly or just google Indian reserves .

1 Like

Foreign Affairs / Re: External Foriegn Reserves By Country As At 1st March 2024 by EKONGKING: 7:37pm On Apr 24
Wow India at 645 billion dollars in reserve is a surprise .

India is really marching forward .

42 Likes 2 Shares

Travel / Re: 2 Navy Helicopters Collide Mid-Air In Malaysia, 10 Dead (Photos, Video) by EKONGKING: 12:25pm On Apr 23
Some groups of people will be disappointed that they could not blame Tinubu for this incident

3 Likes

Politics / Re: Refute: Otti And His American Tales By Moonlight by EKONGKING: 12:21pm On Apr 23
yarimo:
Alex otti is my governor do you have problem with that

Good one grin
Politics / Re: Refute: Otti And His American Tales By Moonlight by EKONGKING: 12:16pm On Apr 23
Who has given honorific title of Sir to the spokesman, is it Queen or king of U.K.

Nigerian politicians and their penchant for stupid titles which they award to themselves just to satisfy their moronic ego
Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 12:00am On Apr 17
jazzman7711:


SHUT UP THERE.

Indians queuing up for VISA to JAPA from India



If u want to wallow yourself with ignorance , nobody will stop you .

Post urself to Ignorance .

1 Like

Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:46pm On Apr 16
jazzman7711:


Ahhhh...You want to see modern India, but you hate to see modern Nigeria, only dwelling on the negative.

WHEN WE SAY YOU PEOLE ARE CURSED, YOU WLL BE ARGUING.


Who are we , I support Tinubu and absolutely have hated Buhari for his misgovernance ,

Transformation of Nigeria is a absolutely necessary , it sucks when a country like India is achieving much , while our own is a big laggard .

1 Like

Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:32pm On Apr 16
jazzman7711:


But I just showed you the REAL INDIA PICTURES ^^^^^ outside those statistics thrown up by their politicians implying they are now heaven! grin

Thats a defeatist argument , Show the pictures of IT hubs and modern Infrastructure .Any western idiots will show the Makoko slum and says this is Nigeria and Lagos as a whole .

India is never a heaven ,but they are getting something right .

5 Likes 1 Share

Politics / Re: It Is Time We Nigerians Stop Celebrating Mediocrity by EKONGKING: 11:12pm On Apr 16
India is the fastest growing major economy in world at 8.4 in last quarter , Check out all stats from world bank to IMF.

What Modi achieved is truly remarkable in short span of 10 years , India has lot more to go as it will be third largest economy of the world in 2 years .

Lets hope Nigeria will be truly great ,by following on footsteps of two Asian giants ,Instead of blindly following western countries .

Iam based in India for past 15 years and i can witness the transformation going on .

1 Like

Politics / Re: Keep Your Dollars Closer! - Aisha Yesufu by EKONGKING: 7:13pm On Apr 16
Useless advice from useless person

266 Likes 24 Shares

Politics / Re: Lagos-calabar Coastal Highway by EKONGKING: 5:50pm On Apr 16
Both projects are not comparable, since the Indian one has tunnels as well many interchanges
I have seen Mumbai project video and it is truly a wonderful project.

We need more infrastructure in Nigeria, people just need to get out of negative mindset and support development instead of relying only on subsidised things .
Development of infrastructure is the only path for Nigeria to attain prosperity
Politics / Re: Nigeria Struggling To Find Oil Buyers For 30 Cargoes by EKONGKING: 8:20am On Apr 13
We need to have strong relationship with India and china ,they are the one driving the world economy.

17 Likes

Politics / Top Countries By Foreign Exchange Reserves by EKONGKING: 12:01pm On Apr 10
Dive into the world of foreign exchange reserves, explaining what they are, why countries hold them, and highlighting the top reserve holders globally.

Foreign exchange reserves, also known as forex reserves, are essentially a nation’s savings account held in foreign currencies. Countries accumulate these reserves for several reasons, including:

Maintaining a stable exchange rate: By selling foreign reserves, a central bank can buy its own currency in the foreign exchange market, thus influencing the exchange rate.
Managing international payments: Countries use forex reserves to settle international transactions, such as imports of goods and services.
Providing a buffer during economic downturns: Forex reserves can be used to support the economy during times of financial crisis.


Top 10 Foreign Exchange Reserve Holders (as of Dec’23)

The list is dominated by Asian economies, with China holding the top spot by a significant margin. Here’s a breakdown of the top 10

Rank Country Foreign Exchange Reserves (USD Billion)
1 China 3,238.00
2 Japan 1,160.00
3 Switzerland 780.00
4 India 623.00
5 Taiwan 571.00
6 Saudi Arabia 493.00
7 Hong Kong 426.00
8 South Korea 420.00
9 Russia 414.00
10 Brazil 323.00
Why China Reigns Supreme
China’s massive forex reserves can be attributed to several factors, including:

Trade surplus: China has consistently run a trade surplus, meaning it exports more goods and services than it imports. This generates a large inflow of foreign currency, which the country adds to its reserves.
Foreign direct investment (FDI): China has attracted a significant amount of FDI over the years, further bolstering its forex reserves.
Currency intervention: The Chinese government has intervened in the foreign exchange market to maintain a stable exchange rate for the yuan. This often involves buying US dollars, adding to the country’s reserves.


The United States, the world’s largest economy, surprisingly holds a relatively low amount of forex reserves ($36.4 billion as of January 2024). This is because the US dollar is the world’s dominant reserve currency, meaning other countries hold a significant amount of US dollar-denominated assets.

The composition of forex reserves can also be important. While a large portion of reserves are typically held in US dollars, other major currencies like the euro and the Japanese yen are also common.

https://www.angelone.in/blog/top-countries-by-foreign-exchange-reserves

Wikipedia has latest march update of all countries .

https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves
Politics / Re: A Tale Of 2 Borehole Water Supply by EKONGKING: 2:37pm On Apr 09
Ok
Politics / Re: NPA Helpless As Warri Indigenes Kill Delta Ports With N4,000 Illegal Fees by EKONGKING: 5:22pm On Apr 07
Have they blamed Tinubu for this? grin

17 Likes 3 Shares

Politics / Re: Gunmen Invade Kogi Communities, 19 Feared Killed, Houses Razed by EKONGKING: 12:54pm On Apr 05
After Americans never seen more clueless and dumb beings than the middle belt people.
Just like American knows the senseless violence and killings are caused by guns and refuse to do anything about it ditto the middle belt people ,they know who there enemies are,but they refuse to confront them .

So like a good politician after every killings.

My thoughts and prayers are with deceased.

1 Like

Crime / Re: Court Detains Suspected Nigerian ISIS Member, Emmanuel Osase For 60 Days by EKONGKING: 6:49am On Apr 04
Most probably an obedient wanting to destroy Nigeria as his leader lost the poll

4 Likes 1 Share

Politics / Re: NLC, CSOs Reject Electricity Tariff Hike by EKONGKING: 6:34am On Apr 04
I cannot understand how poor and middle class survive in Nigeria . Majority of people will prefer to live in a ant of a country then in a giant of a country with no facilities.

6 Likes

Politics / Re: No Enough Crude For P/harcourt Refinery, Others – Minister by EKONGKING: 4:20pm On Mar 27
Nigeria, a country known for boastful ,naive business men, politicians and common people .

People where shouting from rooftops that they have worlds largest refinery on a single train or whatever .
These people forgot about availability of crude oil and remembered after the completion of the construction.

How dumb people can be

News like these ridicule the image of a country

1 Like 1 Share

Travel / Re: You want to COME TO AMERICA - Do You REALLY Know America? by EKONGKING: 7:36am On Mar 15
ozoemeka:
One thing Nairaland has taught me; I have learned that so many Nigerians living in Nigeria want anything BUT Nigeria. Some make it a lifelong MISSION to come to America where they "believe" it is the "LAND OF THE FREE" and "ANYONE" can make it. These Nigerians save and save and hustle to DO ANYTHING to come to "America" / Yankee. They give up EVERYTHING they ever had or knew to come and "enjoy" greener pastures (or so their TVs informed them). However 5 years into staying in America they realize that Life was more manageable than they could ever imagine in America. Here are some pointers on the REAL AMERICA, to those living in America feel free to add in.


1. America is NOT FUN when you do not know anybody. If you are coming here "on your own" and THINK you can easily "settle down", think again. You need an address at the airport and almost everything you need to do here requires an address. Ekene your "guy" from primary 6 can only allow you stay in his house for so long before he will require you to pay rent. Tosin your paddy from Lagos is not going to be your guide forever which leads to the next bit

2.Nothing is free in America. Absolutely nothing. DO NOT expect Okwudili to give you a ride to work, he will ask you for gas money. You are either going to join Okwudili in "hustling" or get your own life, which you will learn is HARD especially for immigrants.

3. Life is toughER for Immigrants in America. From not having a SSN to get jobs, to people simply discriminating for your "accent". You will LEARN that America is not the least bit tolerant for immigrants. Especially if you come to places that are predominantly white. Unfortunately what I end up seeing Nigerians adopt is the "akata" way. A LOT of them end up trying to speak ebonics and they just sound stupid and ridiculous. "nigggaz is tryna hoop yo". No. Your azz never hooped before when did you become a "niggga tryna hoop"?


4. Dressing. Appearance is EVERYTHING [img]http://loladesowoolu.files./2011/02/dis-n-dart-eldee.jpg[/img]

These are NOT, repeat, NOT "american" dressing. The earlier you learn the better. The "americans" who dress that way are SEVERELY DISCRIMINATED AND MARGINALIZED in society. Sure you may say, well the "wealthy" american hiphop stars dress that way....Guess what. Those who do are DISCRIMINATED against. Don't believe me - check...a lot end up in jail etc. The "REAL wealthy ones" a la Jay z and Sean Combs DO NOT, dress that way. A word is enough for the wise.

[img]http://static4.fjcdn.com/comments/3952559+_32f833b5d94d8672fba5fa70599ca54b.jpg[/img]

5. You learn quickly that America is NOT the land of the free and get crammed up with "the rest" so 5 years in you start to fight hard to PROVE you are not like "THEM". You get mad when people say you are "black"

[img]http://static.fjcdn.com/pictures/Black+People+Problems.+This+is+a+repost+but+of+my_906b64_3952559.jpg[/img] [img]http://static4.fjcdn.com/comments/Or+belts+_82040ac9119c9baf304ec6a77f453fec.jpg[/img]

6. The America on TV is NOT the same as the REAL America. The skyscrapers and beautiful scenes from Tv shows and movies are just in a few places. Downtown, NYC, Miami, LA, DC. Just like you have SOME VERY beautiful places in Abuja, and Lagos. The real america, sometimes looks like this

[img]http://swordattheready.files./2013/07/black-ghetto.jpg[/img]
(this is actually a GOOD picture of NY) ask


Bmore


[img]http://4.bp..com/-Jj_rbhvlrxc/TwdyQ7MMhHI/AAAAAAAACtI/8iJR4M2NiGA/s1600/baltimore%2Bghetto.jpg[/img]
Miami
MIAMI
Miami
Florida
Los Angeles
LA
Oakland California
Atlanta
Atlanta
Washington DC, couple blocks from the White House, you can see this mess from the white house




grin grin

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