₦airaland Forum

Enice:
For a country to be self sufficient, there must be opportunities for its citizen. These opportunities only come alive, when one can make money from whatever one does. Agreed the price of some commodities are relatively high, this will not last forever because when supply outstrips demand, price will fall, for now, we need stable hands on deck and people with intergrity on the till. Not someone who will give fayose 4billion, ffk 3billion, dieziani 1.5 trillion, mama peace 300 billion, just to name a few and all from CBN yet this OP oshi, alakori is crying "how much is ponmo in 2018"

uba1991:
pls answer did
How much was sugar in 1998
How much was doler in 1998
How much was fuel in 1998
How much was cement in 1998
How much was mlk in 1998

Enice:
you keep making silly statements about price of rice, pms, yam and what have you. PDP is to blame for the high price of commodities today. Why, how? Simple. PDP refused to save for the rainy day.
As at 2015, the FR was $29b. The CBN could not meet the daily forex demands of the country. Now, what happens when there is excess pressure on scarce resources, price will rise (simple economics). These comodities are imported. We needed dollars for imports of which PDP refuse to save. Also, recall that initialy PMB refused to devalue the naira opting to remove some goods which we can produce in the country from accessing dollar from CBN.
Again, devaluatoin encourages exportation. It is not about the value of your currency but the stability of it. Japan, italy, china, etc comes to mind. When currencies are devalued, exports become cheap and imports expensive, and vice versa. Also this creates opportunities for enterpreneurs with the multipler effect being job creation. A high valued currency would make imports cheap.
People like the OP don't want to work. They want to keep sharing the money. Marco economics policies takes time to achieve their targeted impact.

madridguy:
Cry cry OP Crude oil price per barrel?

elampiro:
The historical reserve chart confirmed everything I posted about our external reserve from Obj to date. It was highest under Yaradua

elampiro:
I gave you govt website to pick genuine figures and stats. You still want to believe fake figures. These figures have been in govt website before Bahuri, so no lies at all.

deji68:
Abio just to decieve the gullible...they know naija dont care about facts..they like hearing wonderful stories about billions true or false

deji68:
Well, he has disputed it many times, ...he grew the ECA he met to about 9 billion ... accordng to worldank


http://documents.worldbank.org/curated/en/934931468291633000/pdf/776840WP0Niger0Box0342041B00PUBLIC0.pdf

Well, i have disputed all your claims with data... foreign reserve,. ECA, or even your oil revenue claim was wrong too because that is the gross earning .NNPC and oil companies share the 60/40 ...that means NNPC get from the 425 billion only 254 billon.NNPC keep some part of 254 bil as running cost and rest are shared among the federating units...

Alariwo2:
Your questions are somehow..

Why didn't GEJ fix roads, electricity, education, agriculture etc. since he was the best thing that happened since sliced bread.

GEJ failed woefully. He surrounded himself with thieves mostly easterners and left the system to rot.
Bokoharam, Fulani herdsmen killings etc all started during his tenure and he did absolutely nothing to curb them. But you want me to criticize Buhari for GEJ's failure to act on time.

Sorry, I don't think that way

elampiro:
You think I am an idle man to be repeating my reply?

Alariwo2:
This your grammar for the title weak me..

RIP English

elampiro:
It would have been worse with PDP because with oil at $76/barrel, Iweala told us to brace up for hardship. The naira clashed from 160+ to 250+, and prices were going up.

When oil fell below $70, Iweala said the FG was borrowing to pay salaries.

The govt that refused to save for the raining days.

elampiro:
It would have been worse with PDP because with oil at $76/barrel, Iweala told us to brace up for hardship. The naira clashed from 160+ to 250+, and prices were going up.

When oil fell below $70, Iweala said the FG was borrowing to pay salaries.

The govt that refused to save for the raining days.

elampiro:
The figures do not make sense.

Give is revenue from 2010 to date with specific indications.

elampiro:
Which revenue is this, internal or external revenue? And which currencies?

elampiro:
See the link above. ^^^

Buhari earns $58bn in 27 months to Jonathan’s $454bn in 6 years

ttps://www.google.com.ng/amp/sunnewsonline.com/buhari-earns-58bn-in-27-months-to-jonathans-454bn-in-6-years/amp/
16


Vanguard has a similar post like this, but in naira. It converted on earnings by each govt since 1958.

elampiro:
OP, you have to be objective and talk with figures.

This administration has only earned around $60 billion so far, and has increased our external reserve by $11 billion from what it was in May 2015. Cleared salary arrears by bailing out states twice or thrice, paid contractors to mobilize them back to work after Iweala's 2015 budget only cater for 33 out of 210 Capital projects.

In comparison Jonathan earned $454 billion and destroyed our External reserves, incurred $7b additional external debts, couldn't bailout states salary arrears, etc.

sarrki:
Frustrated PDP agent all over the place

sarrki:
How is Atiku presidency ?

Johnnyessence:
ogbeni shut up. you don't even know what's going in the grass roots. just to comments to the news that doesn't concerns you. you are not even a grassroot politician talkless of pulling crowd of people in your domain. na to rant more on nairaland. keep wailing till Apc is been sent packing in all the south west state. besides this same governor is owning the workers 12 months salaries and arrears. he has not even paid the pensioners too. puting them into penury and pains. if you don't know 90% of osun state workers are not in support of Apc government. so ogbeni apc party will be defeated in the next gubernatorial election.

kunle4toyeyaho:
which workers? The modulated salary is for level 13 and above. Workers below level 13 have always been paid in full

Commissioner for Finance, Osun State, Bola Oyebamiji, who disclosed this explained that with the modulated salary, workers on levels one to seven, who constitute 67 per cent of workforce, were paid full salaries, while those on grade levels eight to 12, 25 per cent of workforce, receive 75 per cent of their salaries. Oyebamiji added that workers on grade levels 13 to 17, a mere 8 per cent of workforce, as well as all political appointees, received 50 per cent of their salaries.

sarrki:
Aregbe paid all his debt

Still have infrastructure to show

Those that didn't work paying salary don't have anything to show

Thus what we call omoluabi sense

Ekitidefender:
Four leading governorship aspirants of the Peoples Democratic Party in Ekiti State have urged the National Chairman, Prince Uche Secondus, and other National Working Committee members to stop Governor Ayodele from imposing a candidate for the July 2018 governorship election.

The governor has endorsed his deputy , Prof . Kolapo Olusola , as the “ most preferred candidate ” for the party in the election.

The aggrieved aspirants are a former Publicity Secretary of the PDP National Caretaker Committee , Prince Dayo Adeyeye , Senator representing Ekiti South , Mrs Biodun Olujimi ; a former Nigerian High Commissioner to Canada , Dare Bejide and the immediate past commissioner for Justice , Mr Owoseeni Ajayi.

At a joint press conference in Ado Ekiti on Tuesday, they argued that the party stood the risk of losing Ekiti if Fayose was allowed to subvert the party ’ s constitution and impose his anointed candidate .

They called for the setting up of a caretaker committee to conduct the primary.

Specifically , the aspirants want the national leadership of the party to stop the governor and the Gboyega Oguntuase - led State Executive Committee from playing any role in the process leading to the PDP primary.

They argued that the duo had already compromised , having taken positions and cannot be fair to all the aspirants.

Adeyeye , who read the text of the press conference , said , “ We reject without reservation the adoption of Prof Olusola as the sole candidate for the July 14 governorship election.

“ The State Working Committee having betrayed its expected neutrality role , should be disqualified in the process leading to the gubernatorial primary in April . We demand a caretaker committee to replace them for the state .

“ Governor Fayose has pitched his tent with Prof Olusola and he should be disqualified from playing any role . The relevant provisions of the electoral Act and the PDP constitution should be followed strictly and arbitrary and illegal use of state apparatus like radio and television stations to subvert the truth must stop. ”

Adeyeye advised Secondus to act fast and caution Fayose to prevent the calamity that befell the PDP in Ondo from playing out in Ekiti .

In her contribution , Olujimi warned that no politician that wanted to win election in the state could wish any of them away .

“ Whoever says we are politicians that can be wished away will have himself to blame , the result will be grievous .

“ We don ’ t want to lose Ekiti but Governor Fayose is messing up the whole process. It was because people like us worked hard in 2014 that made the 16- 0 possible for PDP .

“ Prof Olusola was only a beneficiary of our sweat , he didn ’ t contribute anything and now he wants to be adopted against the party ’ s constitution , this we will not accept , ” she vowed .

http://ekitidefender.com/2018/01/09/ekiti-2018-adeyeye-olujimi-others-ask-pdp-national-chairman-stop-fayose/