Business › Re: Nigeria – China Currency Deal – The Biggest Winners And Losers by elmisti(m): 6:17pm On Apr 19, 2016 |
ojuolu: . Please see the big picture sir. Nice one, but for d sake of gaining smtn...pls dnt see me as a pdp or ipod yoot ( no offence to them )...am jst a concerned citizen nd I blv I knw more dan a lil abt political economics....let's jst talk like matured men who want d betterment of d nation! #1- is settled #2--logical but how practical ( d law of demand n supply set in too)...d more d demand for Yuan  #3-- is settled #4--we av to agree it is the healthiest #5--most tinz china sell to us can be produced locally #6--hahaha....mke we leave am #7---ease of trade makes importn simpler na, I see chinese cars making dier debut soon #8--ah!...dey can devalue dier currency anyhw..alll dey need is a push from d pentagon |
Business › Re: Nigeria – China Currency Deal – The Biggest Winners And Losers by elmisti(m): 5:53pm On Apr 19, 2016 |
kazyhm: you know ? when the differences are the same its very difficult to explain that Jesus is the Christ, not a Christian but the followers are to an intelligent church attender. Lol....in fela voice *confusion everywhere* |
Business › Re: Nigeria – China Currency Deal – The Biggest Winners And Losers by elmisti(m): 5:40pm On Apr 19, 2016 |
TPAND: Thumbs up! A lot of Nigerians are living in fallacious assumptions of how the China - Nigeria currency swap will boost the economy without even looking at the recitals of the agreement.
The major reason China offered Nigeria the currency swap deal is to protect her foreign reserve. The Chinese government tightened her foreign exchange policy 2wice in the last 6months. They made accessing dollar so tough in China to combat dollarization, manufacturers are all groaning at their excessive losses. China's foreign reserve is fast depleting as it expands to be the worlds center for cheap labor and production. China's foreign reserve is in dollars not Yuan
It is even dumber when you see people say Yuan will outscale the dollar and will be the most traded currency in the world. A lot of our youths spend time watching HipTV. Even the ones working at CBN and the Banks have no clue about how the world economy runs and World Trade works. The world bank is situated in Switzerland, still it operates the US Dollar as the base for its transaction
Nigeria is paying back her yuan loan in dollars, see how smart China is, which means even if the Yuan losses value, it is at the detriment of Nigeria. I have seen quite a lot of person wake up and dream that prices of goods and commodities will become cheaper with a malicious way of converting the Yuan to Naira. Let me give you a lame man counter to how people talk about the Yuan. "Are you saying I could walk to a Nigerian bank or Bureau de Change get the Yuan, fly to China and convert to dollars, fly back to Nigeria and recycle in the parallel market for gains".
Don't get me wrong I am not saying the Nigeria-China swap deal is not good. But the impact is not as purposeful as it is being projected It is jst sad that with all our intellects, d common man is still in d dark..... |
Business › Re: Nigeria – China Currency Deal – The Biggest Winners And Losers by elmisti(m): 4:37pm On Apr 19, 2016 |
Very very clumsy write up filled with assumptions and fallacious elements!.....before u brand me a wailer....Nope am not a full time wailer but Nigeria-china  ..I will wail! Here is my angle of argument #1--Yuan is nowhere near the dollar and should never b compared to it...d distance is jst too far! #2--Nigeria major export which is oil still sell with dollar #3--No ntion can run away from dollar, even russia reserve is in dollars! #4---why is Dangote getting his loan in dollars and not Yuan  #5--70% of import from china is jst a number, u mean spoons, ceramics, fake electronics nd co  Our exchange of oil with netherlands beat the price of our exchange with china in a year! #6--Even if they try to twist their way out of dollar, what of gold?? #7---If china keep filling our market with their goods...what happens to our own local industry  #8--China Yuan is one of the unstable currency of d world! Am done wailing, sm1 shld hand me tissue paper to clean up......God jst keep using dis nation to show isrealites that 40yrs in d wilderness is a generous punishment |
Politics › Re: Recruitment Of 10,000 Police Officers: Application Hits 705,352 Job Seekers by elmisti(m): 4:34pm On Apr 19, 2016 |
kenny1313: OMG. this is serious and some people ll be going to camp month end with smiles on there face. Smh for this country. # Lol, nd som of us will finish by september.....The way dis country is ehn...one can only hope heaven is real...Nigerians suffer more than isrealites ooo, we deserve automatic tickets to suite in heaven, infact share d same floor with bros J and angels to serve us meals nd do our bidding....am I sking for too much  |
Politics › Re: Recruitment Of 10,000 Police Officers: Application Hits 705,352 Job Seekers by elmisti(m): 4:30pm On Apr 19, 2016 |
yommen: You are in hell I'm not!!! *sips kunu*
How much did u buy fuel 2dai?
How much is egg selling for?
If u av light lemme com charge fan?
Do u av land in abuja?
Bros!...make I no talk nytn....as u dey answer dat question, u shld knw wr u ar |
NYSC › Re: Having Problems At My Place Of PPA Please I Need Advice by elmisti(m): 3:10pm On Apr 19, 2016 |
serendipityF: This is the same fate I am facing presently at my own PPA which is a private school, though in my case, they pay very well and the money enter my eyes but at this juncture, I dont care abt the money anymore. U work 7-5 and u are not allowed to go outside d schl til u close like a prison, the proprietress abuse their staffs verbally, psychologically and emotionally. Virtually no day a staff wont shed tears and I am not exaggerating. She pays very well and on time too but mehn! I cant take it anymore. I have reported to my LI and he s saying there s no more reposting but I wont rest till I get reposted. I cannot fit comman die for NYSC so my fellow corp member, to ur LG str8! God bless u bro...OP ddnt mention why he stayed for 4mnths...God knws d day my principal uttered d phrase "ordinary corper"....my mind was made up that am leaving.....buh I look @ oda stuffs I enjoy, na so I mellow.......it is pple like OP that Indians will like to employ |
NYSC › Re: Having Problems At My Place Of PPA Please I Need Advice by elmisti(m): 3:04pm On Apr 19, 2016 |
blueseacats: Did you notice he's feeling reluctant to do that. I knw pple like him...I dnt knw wen chnging PPA become so hard, that u av to cry to d public...they only hear abt d money in Lagos but not the work n stress...... |
Politics › Re: Saraki’s Trial Resumes At Code Of Conduct Tribunal by elmisti(m): 2:53pm On Apr 19, 2016 |
Achuwa1: if i were saraki i would stop attending the trial as from the day its made a daily sittings & my lawyers will continue on my behalf & use senate proceedings as an excuse coz dis trial is just a childs play & not a case at all The judge really goofed by making d trial daily.......what they dnt knw is, d longer this drags, the people in d red chamber will feel embarrassed nd shut dem.....the senate is sometimes greater than d whole executive...filled wit men with pride n resource......actually, umar head looks strng enuf to crack a coconut...but let's see hw many hits he can take |
Politics › Re: Saraki’s Trial Resumes At Code Of Conduct Tribunal by elmisti(m): 2:47pm On Apr 19, 2016 |
rayornb: Please tell us the situation in Kwara, tell us the literacy level/employment level. Tell us the major development you see in Kwara for the past 16years. I'm from Kwara and from the capital and i'm interested in what you have to say. Well, if u urslf cnt see it, no matter the amount of UV light I shine, u still wnt....but plz be fair in all u do, dnt always fflw d crowd....Saraaki is nt d best of men ( no politician is )...but if u ar dere nd u dnt knw what the Red chamber means, what pple wil do to av it under dia control, then brother go n watch d episode of this film frm November 2014..... |
Politics › Re: Saraki’s Trial Resumes At Code Of Conduct Tribunal by elmisti(m): 1:48pm On Apr 19, 2016 |
Let d best thief win.....in dis case. |
Politics › Re: Saraki’s Trial Resumes At Code Of Conduct Tribunal by elmisti(m): 1:46pm On Apr 19, 2016 |
adewuyia2014: Saraki is not suppose to represent a LG because this man ruin the future of Nigerian youth especially kwara. Allah will never forgive you until you(saraki) mend all what you have spoiled. Kirikiri is waiting for these thief I wnt insult u, but please, stop judging sm1 by what u hear....av u bn to kwara b4?...do u know what their allocation is like?....do u knw its literacy level?....please brother...judge not by hearsay |
Politics › Re: Saraki Presides Over Plenary Session by elmisti(m): 1:38pm On Apr 19, 2016 |
Mehn!...I jst get tto like saraki more n more....still presiding over d awse nd goin to face Umar.....If he in anyway escape dis and survive till 2019. As d SP, he definitely will be a mad lion, for politicians. The more d trial won, the stronger they get....I knw GEJ kept him wit efcc somtym...
I am nt supportn looting in anyway buh dis game favours saraki so much.....He is d SP, he av d opposition by his side, nd a good number of his ruling party....while APC av Umar nd maybe some Appeal court judges, but seems d supreme court is out of dier reach....this is so much more interesting than Game of thrones! |
Politics › Re: Senate Committee Summons Danladi Umar by elmisti(m): 1:04pm On Apr 19, 2016 |
Umar played his political motivated card too fast, u know dis man is the SP nd he av a constitutional duty, he was nt fair wit a daily hearing and d senate are doin what dey can to frustrate him too |
NYSC › Re: Having Problems At My Place Of PPA Please I Need Advice by elmisti(m): 12:29pm On Apr 19, 2016 |
jaelz: I wish so Guy, mention how much u bn paid dat made u endure 4mnths....dnt jst giv us one side of d storylike ur employee is doin no good...... |
NYSC › Re: NYSC 2015 Batch B House by elmisti(m): 10:50pm On Apr 18, 2016 |
mimi3: Hello, please does anyone know how to go about changing your PPA after working there for months? PLEASE THIS IS URGENT.. Im serving in portharcourt batch B. Please how do i go about it ? The principal is willing to give me a rejection letter, but on what grounds? PLEASE HELP! Ar u goin out of ur current LG or state? |
NYSC › Re: NYSC To Increase Corpers' Allowances – Olawumi by elmisti(m): 10:25pm On Apr 18, 2016 |
AccessME: it will b a worthwhile achievement for this administration #lstandwithBuhari D kid slap wey u need na heavenly one...dat is the only thing effective in dezombieing sm1... |
Politics › Re: 5 Sets Of Persons Who Betrayed Jonathan... And Nemesis Is Catching Up With Them by elmisti(m): 9:58pm On Apr 18, 2016 |
Kikikikiki.......Hypocrisy have a very short. Shelf life |
Politics › Re: PDP Blasts Bello For Donating To Aisha Buhari's Book Launch by elmisti(m): 9:14pm On Apr 17, 2016 |
DaHrNn: Mayweather calm down... I wish you could just be rationale enough to think rightly on how one would imagine just expecting a new govt to clear the sh*ts by an incessant govt.. I ain't even taking sides floyd... common sense would enable us to wait till 2017/18 for any appraisal... Anthony joshua no vex.....u keep making d same mistake of calling dis govt NEW, dere is ntn NEW abt dis NEW govt |
Politics › Re: Buhari Didn’t Sign Any Loan Deal With China – Presidency by elmisti(m): 11:44am On Apr 17, 2016 |
wapu: You don't have to resort to insults. The best you could do was explain, and probably make me understand. Did the insult solve anything now? My sincere apologies bro......now to d matter, what I think is that either FG or the media is feedn the public loads of crap. I wnt want to join the loan or no loan argument...but one sure thing abt d china deal was that some of our reserve will be moved to china nd in Yuan.....I wnt condemn or praise dis move as I understand well that FG is jst looking for ways to excape dollar nd the USA. But the truth is that is mission impossible, its like running away from earth itself...it is no News that China is USA pet dog ...but I hope it all works out well...I dnt really APC or PDP. What I care is for me, my family nd my nation! |
Christianity Etc › Re: South African Victim: TB Joshua Left Me High And Dry by elmisti(m): 9:57am On Apr 17, 2016 |
Ok |
Politics › Re: PDP Blasts Bello For Donating To Aisha Buhari's Book Launch by elmisti(m): 9:47am On Apr 17, 2016 |
So of all d lingering social, political and economic issues in d nation, Our first lady ( if thet position still exist ) cnt write on ntn but beauty  ...and a sitting governor of all event graced it bah  ...no wahala...and donations were made too  ...issokay!....Like say our babes no sabi fashion n beauty already....I wnt say anything.....I wnt sy anytn....seriously I no go talk |
Politics › Re: PDP Blasts Bello For Donating To Aisha Buhari's Book Launch by elmisti(m): 9:43am On Apr 17, 2016 |
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Politics › Re: PDP Blasts Bello For Donating To Aisha Buhari's Book Launch by elmisti(m): 9:40am On Apr 17, 2016 |
DaHrNn: FACT? Well,its so disheartening that PDP can just utter words about corruption when it's a Party defined by corruption and abuse of office...it is not politicizing anything here but facing fact from the vampires that cupped our treasury. Besides, what do U make out of a party that the chairman can't be true on his words? Lobbying to stay longer...Ogbeni make Una sit dwn jare.. To slap u jst dey hungry me!....True PDP was well known for corruption nd monopoly of power until APC came and did summer transfer of all PDP well trained thieves...... |
Politics › Re: Buhari Didn’t Sign Any Loan Deal With China – Presidency by elmisti(m): 9:32am On Apr 17, 2016 |
wapu: They signed cash swap and infrastructural loan. that means China did not and will not give us the 6 billion in cash like IMF does. If we want to build railways,hospitals,roads etc they will help us build it and deduct the money from the "LOAN" they gave to us. That way no one can siphon the money.
If you want to buy stuffs from China instead of giving you dollars, the banks will pay for you in yuan. Reducing pressure on the dollar. That way things will be cheaper. Comprendé? ?? U ar as confused as someone who married a transgender. Who is yet to complete surgery! |
Politics › Re: Buhari Didn’t Sign Any Loan Deal With China – Presidency by elmisti(m): 9:26am On Apr 17, 2016 |
ElCount: 长, 水利部苏莱曼阿达姆部长和国防部长丹阿里, 他来到中国人民共和国进行国事访问行国事访问 *grabs popcorn* I'm gonna watch this movie to the end Please shift |
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NYSC › Re: Why Graduates Cherish NYSC Certificate Than Higher Institution Certificate? by elmisti(m): 11:40pm On Apr 16, 2016 |
kenonze: Because the certificate doesn't show grade.
Many corps doesn't really deserve the certificate. Many did the program by proxy or correspondence. I really understand u |
Politics › Re: Nigeria Is Not Sick” We Don’t Need IMF Loans – Finance Minister Kemi Adeosun by elmisti(m): 11:17pm On Apr 16, 2016 |
priceaction: I don't know how many of you reason just because you hate her. The one we got before, who has it helped? If not for the obj era that helped in clearing the accumulated ones, you think dollars to naira wouldn't have been up to 1:500? What was dollar to naira rates before shagari era(though I don't expect you to know this as a kid). That was how many troubles befell Nigeria after loan upon loan.
Even with that, after obj left , we are back to it again, yet you and me keep feeling it. Either you like it or not, we will survive this. China loan is better because this is not cash loan. It is like trade by batter. You develop our infrastructures, and it is monetized it and we do natural resources swap with you. Let us try something different in this country and we will see different results.
Go and read what Greece and some other countries under IMF are facing now with their small populations. Many kids these days that refuse to do research and follow latest news but only interested in insults just for small portion of ekiti free rice.
We don't need so called loan With all due respect, shut up sir! |
NYSC › Re: NYSC 2015 Batch B House by elmisti(m): 9:27pm On Apr 16, 2016 |
codexgigax: Hello house,
I'm a Batch B15 Corps member (stream 2) and I have a problem with my January 2016 allawee from Cross River. I was relocated two days after we left camp. Before I left CR, I opened a Union bank account as instructed by the ZI, but unfortunately, I couldn't get the account number 2 days after, and so I had to leave CR with the hope that January allawee will be paid to the account I wrote during camp.
I called the ZI and LGI at CR, and both were like, its my mistake and there is nothing they can do.
Any advice on what I can do? Tell ur current ZI abt it, they will help u contact that of CR and it willbe solved...but be at peace, "its a crime for u nt to receive ur full alawee" jst like my ZI always say |
Business › Re: Eniola Adenuga And Maggie Ogun In Court Over Child Custody by elmisti(m): 9:17pm On Apr 16, 2016 |
Ok |
Celebrities › Re: Actress Mide Martins Blasts Husband On IG; Says He's Trying To Kill Her by elmisti(m): 9:16pm On Apr 16, 2016 |
Ok |