₦airaland Forum

Nice. One of the few Igbo man + Yoruba woman couples around. A very scarce combo but its lovely.

Finally, a true female in our "female" national team.

Even if you compare Abuja to other West African cities, I honestly doubt if Abuja will emerge amongst the top five.

I love big breasts so much. Nice one ma'am.

Where's her breast?

Why can't I find this news anywhere else?

Useless country

Crap.

Happy Independence to the Zoo republic.

tamunoibiso:
The president says they are revenue generating agencies from his speech.

Excuse me, did Buhari specifically call CBN an agency?

Did you just call CBN an agency?

Today is also my birthday. Happy birthday to us.

https://deliciuschoco.com/wp-content/uploads/2015/05/chocolate-birthday-cake-with-flowers-hfavqfkr.jpeg

Waatermelon is good for erect* ions. By the way, who makes juices with pet bottles anyway?

I'll have sex with her, with no regrets whatsoever.

Thats evidence.

Did Oshiomhole actually allege that GEJ paid 140 billion to consultants? If he did, then I'm afraid he is senile.

I don't understand. I thought she was Bi-racial. How come her mother is called mama Nkechi? And her fathers name doesn't sound Igbo at all?

That ass is so flat

LMAO

I vote Twaci CC:NLjega

Clarified.

State of Deployment: Bauchi
Date of Reporting: Tuesday, June 2, 2015
Officer-In-Charge: State Co-Ordinator
Address of Orientation Camp: NYSC PERM ORIENT CAMP MANGU, MANGU LGA, PLATEAU ST.

State of Deployment: Bauchi
Date of Reporting: Tuesday, June 2, 2015
Officer-In-Charge: State Co-Ordinator
Address of Orientation Camp: NYSC PERM ORIENT CAMP MANGU, MANGU LGA, PLATEAU ST.

Please, does this mean that I will go to camp on june 2nd?

hmm

You're getting a wrong B.J

BJ get level.

l

Its natural.

I love tall girls. That is, girls with the same height with me.

Sorry bro

Its funny how everybody blames Okonjo Iweala for our problems without pointing fingers at the CBN. They don't know that the decisions of the CBN impacts on the economy as much as the decisions of the minister of finance. Everybody thinks Okonjo is responsible for everything, even for the depreciation of the naira and depletion of our forex reserves. There's so much ignorance in this country.

Henry Boyo is the only person(in the whole of Nigeria) that talks anything sensible about the Nigerian economy. The only person. Every other person talks trash

Infact, citizens from nations with considerably less natural endowments may be excused for decrying what they consider to be an inexplicable inequity by Providence. In reality, our inability to galvanise our resources to the greater benefit of the critical mass is actually caused by the application of fiscal and monetary strategies that are antagonistic to consumer demand, and job creation.

This is excellent. I totally understand what he means. Our fiscal and monetary managers (the FMF and the CBN) are doing an awful job towards stimulating employment in Nigeria.

Employment in Nigeria goes beyond human unemployment(labour), land(including natural resources) and capital are also unemployed leading to very high margins of non-productivity. Our monetary managers, especially the central bank of nigeria should be blamed for our economic problems.

Consequently, if Buhari must succeed, he would need to quickly reverse the ratio between capital and recurrent expenditure, such that well over 60% of total annual revenue projections would be dedicated to the enhancement of social infrastructure and human capacity in place of the prevailing humonguos salaries and allowances of public servants.

This is logical but however, I think we tend to forget that we need more revenues. This is the most important. Our revenue projections are very low and this is not adequate to finance the development of the much needed capital projects around the country. We should be critically thinking of brilliant ways to increase our non debt funding by over 200 to 300 percent.

Clearly, Buhari would need to also reduce the duplication of functions by various MDAS as per the recommendations in the Oronsanye report, but government must be careful to minimise the inflow of new entrants into a jobless market. Similarly, the new administration should be wary of increasing the current debt to GDP ratio, as this is a sure road to another oppressive debt burden.

Supported.

A situation where a relatively stable nation like Nigeria with its immense reserves and resources borrows at Shylock rates of over 15% is totally unacceptable for what are clearly risk free soverign debts. Furthermore, Buhari must immediately interrogate why our foreign reserves earn minimal interest, while we inexplicably go cap in hand to borrow externally at over 7% interest rate.

This is thought provoking. The CBN is surely killing our economy.

Incidentally, the yet to be assented 2015 budget, accommodates about 20% deficit; consequently, government will borrow over N1Trillion Naira and pay between N100- N150bn as interest charges to fund part of its recurrent (consumables and salaries etc.) budget. It is ironical that such huge government borrowings will exist simultaneously with the unyielding ‘obstructive’ Naira surplus deliberately created by the CBN.

I have no problem with the borrowing but where I feel bad is when we borrow to fund discretionary expenses. If this borrowing was used to finance investment vehicles or capital projects, then I'll have no problems with it because they'll in turn generate revenues for the government in the long run.

Buhari’s Team must therefore, hit the ground running and readily jettison Jonathan’s 2015 budget proposal, so that a fresh Appropriation bill can be presented to the National Assembly before July 2015. We may also consider 29th May to May 28th as fiscal year to align with our established Election Time Table and thereby prevent politically induced budget truncation on the advent of a new Leadership halfway into the year.

This is the most important thing Buhari should propose if he wants to have a successful tenure. The 2015 budget does not favor or align with the campaign promises of the APC in the first place and if it's implemented or passed, this will ultimately mean that Buhari will running on GEJs budget for the next one year.

Amaechi you can see for yourself, after funding the APC with billions of naira, all credit now goes to the yorubas for the success of the oarty


I love my yoruba people!