₦airaland Forum

asala1:
The average price of PMS around the world is 1.00 U.S dollars.

porka:
You exhibit a lazy person's attributes.

Lazy people always wish everything crashes to the ground so that everyone would be at the same level with them. It doesn't happen always. Even if that was possible, lazy people won't still be able to do anything with their lives until they are left behind again.

This is the LCCI. They are the employers of labour. They spoke about credit freeze, they are worried about lack of access to forex in the economy. Is it a good thing to you?

What shady business are they doing? Thousands of people won't be returning to their jobs after the holidays due to what the chamber just identified, but according to your jaundiced opinion, they must be into 'shady deals'. Anyone who is successful is doing illegal business in your own estimation, while all the 'poor' people are law abiding.

Don't worry, the price of bread is next.

We'll read your ranting on that too.

Perhaps the bakers are into shady deals too.

adioolayi:
Crying time of the Rich is here....The Superrich are Crying.... The Poor are silent..they can't cry anymore, they are used to it

This policies only favours CLEAN BUSINESS.... No room for shady deals.

The gap between the rich and the poor gradually being shortened.

#EmefieleEconomics

Atmmachine:
Etihad and Emirates fly to Frankfurt from Nigeria at $567 for a one way trip.

Lexusgs430:
Simply log unto
www.lufthansa.com
NB: Once you buy your flight ticket, all extras are normally included in the overall price offered.

moshino:
Are you saying that PMB is a fool? Because PMB obviously took him seriously enough to make him Minister.

vizkiz:
she shared this on IG few minutes ago and captioned it
osheee so today I decided to perform in a sack of rice @bellanaijaonline do you concure YAY or NAY

what do you guys think? Hit or miss

https://www.instagram.com/p/_zrQ-ARO7K/

billyG:
Why shld yur Bizness b about bringing junks,substandard product frm outside therby robbing d kun3 of hard earned Fx,without gvn us value 4 our money,cnt u produce something in naija,things must change,b raedy 4 change.our Foriegn Reserve cannot even sustain 6mnths of Imports.

billyG:
Bizness will soon pic up,geniune importers are getting forex,not importers of tooth picks,slippers.

LRNZH:
Now it makes sense why Col. Hamed Ali was sent to customs and Babatunde Fowler to FIRS.

The amounts of funds generated and looted in Nigeria Customs and Nigeria Ports Authority are better imagined.

Maybe this oil price fall is a blessing in disguise for Nigeria. We have to diversify our national revenue base, whether we like it or not.

vincent10:
This is the most prepared chicken this year.

Okaka27:
IF NA JONATHAN B DAT MAY THUNDER STRIKER ME.DEAD !!


Op grow up and get a job !
#wailingLiars

Sylvester70:
You Can't Believe What I Saw This Morning In Aba See Technology-pictures

Nigeria needs youth empowerment

INDUSTRIALFAN:
Psychologists in the house, one question for y'all............ WHY DO MAD PEOPLE ALWAYS STRIP??

obailala:
This is simply a case of comparing the PDP to the military days, of course even a dumbo knows that the PDP was better. What's this write-up really all about?...

We are crawling when we ought to be running, that is not to say crawling wouldn't move a body forward.

omenka:
First off, when I see someone try to make a case and use all those "happy" emoticons as you did, I see someone trying hard to hide their ignorance behind a smile, just as the ex-president does all the time.

Secondly, you sound quite dull honestly, you couldn't even differentiate between a "goodwill message" and a "praise". How does wishing the president God's blessings amount to singing high praises of the god Buhari Perhaps there's a part of the word praise I don't understand.

Dude, your argument is neither here nor there. You ask that we tarry and see if there'd be an increase in the price of crude and then judge his performance based on that, and still tell us Jo did better- all in the same breath! Are you sure you are okay

Honestly, I think it is unfair for a single individual to be so confused- you need to share dude.

omenka:
$15 then and $35 today, that is just over 100% increase. Under Jonathan, it reached an all time high of $120, that is a whooping 800% increase!! On the average, it sold for $90, that is still 600% increase!! Now, did we see any corresponding increase in our economic indices??

Yet you tell me to "read and become wise". You need to look in the mirror, point at the reflection you see and say those words to it mr. And let me return your question to you: how old are you today

Hatred wouldn't let most of you see beyond your tribes and region.

May God deliver you people.

omenka:
$15 then and $35 today, that is just over 100% increase. Under Jonathan, it reached an all time high of $120, that is a whooping 800% increase!! On the average, it sold for $90, that is still 600% increase!! Now, did we see any corresponding increase in our economic indices??

Yet you tell me to "read and become wise". You need to look in the mirror, point at the reflection you see and say those words to it mr. And let me return your question to you: how old are you today

Hatred wouldn't let most of you see beyond your tribes and region.

May God deliver you people.

omenka:
How much was oil being sold then? How much is it today??

From 1999 when PDP took over the reigns of power to 2015, the price of oil more than quadrupled on the average- did we see a corresponding growth in the economy??

I think the only industry that witnessed such massive growth as the price of oil is corruption.

I imagine what Buhari did with a few nairas saved from a reduction in subsidy when he oversaw PTF. Now, imagine what he could have done had he been given access to all Jonathan had access to as president... Just imagine that..

Decided to look up the site and was wondering what the "illuminati" graphic is doing there. Is that their logo or something?? Then I saw that all their stories follow one dimension- they are anti Buhari/Government and pro PDP and Biafra. I think this is another "BreakingTimes.com".

Mynd44, Seun, Lalasticlala, take note. These guys are trying to still promote all Rule9 forbids under a different cloak. Keep peeled eyes on them.

Mynd44:
But then, it is a matter of "we can be better than this" we had oil at +$100 and did nothing with that money.

BossTtdiamonds:
The source of the bews us very much questionable...

Every team serious about ‘change’ starts with a clear identification of the baseline from which it measures deviations/progress. Nigeria has had 16 uninterrupted years of democracy with the PDP controlling the federal government as well as majority of the states. APC is now in charge at both the centre and majority of the states. A minimum standard for measuring ‘change’ is the extent to which APC government beats the record of the PDP in measurable terms. As the saying goes, if you can’t measure it, you can’t improve/change it!
Government must strengthen the National Bureau of Statistics (NBS) and preserve its independence to produce and publish credible national statistics. It needs serious funding. I really wish our policymakers can be a little less careless or casual about the use of official statistics. I criticised the last government for relying on ‘estimates’ by World Bank staff instead of the NBS statistics. When I hear the narrative so far in the media by the new government regarding the economy, I take it largely as the kind of ‘usual propaganda’ new officials deploy to show that their predecessors “did nothing” and therefore lay the ground for claiming that they are “doing everything for the first time in our history”. Fortunately also, there are many people as well taking a hard look at the numbers and recording scores. At AfriHeritage, we are developing a template for measuring government performance. As Nigeria has largely evolved into a two party state in a democracy, I prefer to frame the discourse on the baseline as ‘PDP’s legacy and the APC’s challenge’!
Since it is the practice to blame the PDP for every ill that befell our country in the last 16 years (and there are many of them) it is also fair to credit them with the positive ones. According to data from NBS, one outstanding legacy of the PDP is that in 16 years it held sway, it more than doubled the GDP of Nigeria (indeed with average year-on-year GDP growth rate in excess of 6% over the past 12 years, the GDP actually doubled within the last 12 years. [b]It met average annual growth rate of about 2% and raised it to 6-7%, led by the non-oil secto[/b]r. Yes, non-oil sector, and the “diversification” reported in the recently re-based GDP happened within the last 16 years. Will the economy more than double in the next 12 years under the APC? For me, if only the APC can double the size of GDP from about $550 billion to $1.1 trillion in 12 -16 years, and further half the poverty index, Nigeria will indeed be on course to be one of the largest 10 economies in the world by the end of this century.
As at 1999 when PDP came to power, Nigeria was largely a pariah state still lucky to have survived as one indivisible sovereign, especially in the context of the struggle by NADECO and restiveness in many parts of the country. On corruption, Transparency International scored it 1.6 out of 10 and ranked 98 out of 99 countries in 1999. Nigeria was listed among four countries that were non-compliant on the anti-money laundering rules by the Financial Action Task Force (FATF). We could not service our external debt and relied on stressful rescheduling, with all the intrusive donor conditionalities. Poverty was estimated at 70%, and unemployment at nearly 20%. The 1990s will go down in our economic history as the decade of stagnation: when per capita income growth was zero. Average oil price in May 1999 when President Obasanjo took over was $15.24 while stock of reserves was about $5 billion.
After 16 years, several challenges remain and some have even worsened (especially insecurity). Although President Jonathan’s regime had the worst economic management relative to the resources at its disposal, it must be stressed that tremendous progress was made in the aggregate 16 years of PDP government. Yes, it should have left more than $100 billion in reserves but left only $30 billion (still about six times of what it met). We also wish that Jonathan’s team did not leave Nigeria with unprecedented rate of debt accumulation. But, according to statistics from NBS, the PDP handed over a $550 billion economy (largest in Africa and 26th in the world), with 7.5% unemployment rate (better than European Union, France, Sweden, Belgium, etc although the underemployment figure is much higher); 32%?? poverty rate (as claimed by the former Finance Minister, or 61%??: NBS needs to clarify this claim); a stock of reserves of $30 billion; GDP growth rate averaging 6% over last 12 years; a relatively more diversified economy, with ICT penetration from 0.2% to over 60%, and a new contributory pension scheme now with trillions of Naira in pension fund. Our external debt is down although total debt stock is escalating. Our Gini coefficient (degree of inequality) is not different from China’s. Nigeria has consolidated and stronger banking system that currently finances both government debt and the private sector, with a relatively vibrant capital market. The capitalization of the Nigerian Stock Exchange grew from less than N1 trillion to N12 trillion as at handover. [/b]For the first time, Nigerian economy is now rated by credit rating agencies (Fitch, and Standard and Poor’s). Even on corruption perception, Nigeria is far better today than in 1999, and PDP created the two major anti-corruption agencies— ICPC and EFCC, and as at 2014 TI scored Nigeria 2.7 and ranked 136 out of 175 countries. PDP secured debt relief for Nigeria, thereby relieving Nigeria from the stranglehold of the IMF/World Bank policy conditionalities. APC does not have to negotiate with Washington on many economic policies. The list is long. [b]The point therefore is that despite the fall in oil price, APC is starting from a much stronger base than PDP did in 1999 and the challenge now is to do far better. In the coming years, Nigerians will be asking APC to show us their figures!

Daslim180:
You are stupid....... If you are among those people that always put every blame on Buhari, then you are outta point.

viviangist2:
This is allegedly former NSA Sambo Dasuki's uncompleted mansion in Kaduna...it's been sealed by EFCC.

Photo Credit Linda Ikeji

[img]http://1.bp..com/-eDM-DmS3LuY/VnPIHo6Pt4I/AAAAAAAHtEM/we4Tpm0XYCo/s1600/b.jpg[/img]

[img]http://1.bp..com/-0Wh1KR-oE0k/VnPIIWH3hwI/AAAAAAAHtEQ/2BPLRdt7ghY/s1600/a.jpg[/img]

Source http://www.lindaikejisblog.com/2015/12/efcc-allegedly-seals-off-dasukis.html

Cc; lalasticlala

BuddhaPalm:

211Observer:
I know u can say something beta than this, bro