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Eph12's Posts

Nairaland Forum › Eph12's Profile › Eph12's Posts

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European Football (EPL, UEFA, La Liga) › Re: Paul Pogba Passes His Medical At Manchester United by eph12(m): 12:04am On Aug 09, 2016
sweetgala:
Pogba came through the united system as a young man, he must have been familiar with those ladies who work within united, these players go to work everyday and develop relaitionships with the other members of staff, kitmen, chefs, laundry , back office staff etc
It's no news that pogba deal is a done deal but writing stories on pictures you know nothing about is something that is very common today. Even the original source made it like a question or rumor.
Education › Re: Auchi Polytechnic Graduate Thrown Up By Students by eph12(m): 10:12pm On Aug 08, 2016
Auchi polytechnic? I can't deal mahn
European Football (EPL, UEFA, La Liga) › Re: Paul Pogba Passes His Medical At Manchester United by eph12(m): 9:53pm On Aug 08, 2016
But goal.com said this was taken in the laundry and it wasn't even confirmed sef. You people can lie o shocked
Romance › Re: Is It True That Girls Have Nothing To Offer Than Sex? by eph12(m): 9:09pm On Aug 08, 2016
xross:
Matured guys don't go for girls

The seek ladies
What is/are the differences?
Politics › Re: The Problem With Nigeria By Mrvitalis by eph12(m): 7:28pm On Aug 08, 2016
mrvitalis:
What is our total revenue??
What is the wage bill??
What us used for loan servicing??
What's is left??
These money is actually collected and is eaten by few people
And why shouldn't churches pay tax??
I don't remember saying churches shouldn't pay tax.
Let the states compete with themselves on how to move their States forward. Not lazying around and waiting for manna from Abuja. That's my position on the way forward for this country if not I see us just wasting our time and years.
Politics › Re: The Problem With Nigeria By Mrvitalis by eph12(m): 5:32pm On Aug 08, 2016
mrvitalis:
Am not asking the masses to pay extra tax... No all am asking is for the total collection of the one we pay already
The church are the one who would pay extra tax
And who is going to do the total collection? See ehn the money we generate is enough to achieve something. If not we can partner with private investors just like Lagos did for the 4th mainland bridge. If only we can e truthful with ourselves we can achieve with our internally generated revenue.
Let each state control it's resources. Every governor should be responsible for the electricity generation, security, health etc of its States
Politics › Re: The Problem With Nigeria By Mrvitalis by eph12(m): 4:04pm On Aug 08, 2016
mrvitalis:
The truth is we need over 50 billion dollars to achieve 18 hours power supply and if the money is available it would take like 3 years
And that's like 18 billion dollars per year and u see from my calculations that's is achievable if we implement good taxing system
So we pay heavy tax and buy fuel and an expensive rate and you say we should be patient till next three years?
Let our politicians reduce their salaries and bonuses for 3 years and see what you will get. We are paying heavy taxes already what else do you want? If you are not I am.
Romance › Re: Dress Sense You Should Adopt... by eph12(m): 9:37am On Aug 08, 2016
DatCuteGuy:
upcoming artist bro...
No wonder. Can you please state this in your OP? You can't be wearing this as a corporate person but you made it seem like it should be adopted by everyone.
Romance › Re: Dress Sense You Should Adopt... by eph12(m): 7:45am On Aug 08, 2016
Either you still a ternager, in school or an entertainer
Romance › Re: My Pre-wedding Photos by eph12(m): 6:13am On Aug 08, 2016
Lovely
Business › Re: A Medium Sized Supermarket Or A Standard Men's Salon? My Budget Is 1M by eph12(m): 7:31pm On Aug 07, 2016
Location matters
Romance › Re: Is Having Protected Sex With Ab Ashawo Safer Than Unprotected Sex Wit Girlfriend by eph12(m): 5:42pm On Aug 07, 2016
SirJeffry:
You may not be too far from the truth. Both ladies are not different except that one is professional and equip herself with necessary work tools including latex rubber.
Of course I was being sarcastic
Romance › Re: Is Having Protected Sex With Ab Ashawo Safer Than Unprotected Sex Wit Girlfriend by eph12(m): 5:19pm On Aug 07, 2016
davido1000:
Is having protected sex with an ashawo safer than unprotected sex with girlfriend?......pls I need your thoughts on the issue.
No it's not. It works the other way round. Having unprotected sex with ashewo is safer than having protected with girlfriend.
Jokes Etc › Re: Senator Shehu Turns Comedian, See What He Posted On Twitter by eph12(m): 5:01pm On Aug 07, 2016
No one knows Nigeria more than senator Shehu Sani
Nairaland General › Re: Sponsors Of The Niger Delta Avengers Revealed! GEJ, Wike, Dokpesi Mentioned by eph12(m): 4:36pm On Aug 07, 2016
Don't worry we will nab him when he comes back from where Buhari sent him to. He cannot escape this one.
Jobs/Vacancies › Re: Can I Get Brt From Berger To Obalede by eph12(m): 4:17pm On Aug 07, 2016
Brt from Berger is 150. Come down at TBS and enter obalende
Christianity Etc › Re: Open Letter To Pastor Adeboye by eph12(m): 4:07pm On Aug 07, 2016
IHate9ja1:
https://www.nairaland.com/3273264/wedding-cancelled-because-tithe-card
this is the 2nd case reported on this forum in less than a month
Is the church redeem? The so called guy was careless. He must have been told all he needs to make available for his wedding to take place in that Church during courtship.
Education › Re: Outstanding Result In Waec: What Does It Mean And When Shall It Be Released? by eph12(m): 3:52pm On Aug 07, 2016
Check back later. Maybe there is an investigation that's being carried out about it.
Christianity Etc › Re: . by eph12(m): 2:28pm On Aug 07, 2016
Please how can I join? No be to be gay? Shebi I go make billions? Leggo
Christianity Etc › Re: The Truth Or You Lose Your Job Which Would You Prefer As A True Christian? by eph12(m): 1:52pm On Aug 07, 2016
You don't have to lie or say he is not around. Just say he is unavailable to receive the call, get the message and promise your boss will get back to him or her.
That's how to be a PA.
Business › Re: CBN Resumes Dollar Sales To BDCs by eph12(m): 9:12am On Aug 07, 2016
989900E:
No doubt, but anyone of Emefiele's caliber with some substance of self-worth should be able to resign if he/she thinks the president is hampering his efforts and tarnishing his image (that way he can shame the president) -- I dare he CAN NOT! The presidency has too much dirt on him to send him to Kuje in the blink of an eye, else he is a perpetual 'bingo' to Buhari.
@ bolded, is this something to be happy and brag about?
Christianity Etc › Re: Does Godly Dressing Make One Godly? by eph12(m): 8:55am On Aug 07, 2016
The right question should be does ungodly dressing makes one ungodly?
Business › Re: CBN Resumes Dollar Sales To BDCs by eph12(m): 7:08am On Aug 07, 2016
989900E:
Of course, it is everyone's fault except the CBN's, and Emefiele is just so perfect even with all the policy flip-flops, and somersaults . . . even though it took the CBN 6-7 months to come up with the prevalent Forex policies, it is no fault of theirs that adequate checks and balances are not put in place to make the banks participate in the required manner expected of them in the market.

Emefiele and the CBN's commitment and reactionary policy fabrications is one thing, achieving the desired goal is another. Every other aspect of the economy revolves around sound monetary policies, else fiscal policies would not have the desired effect on the nation's economy.

The CBN spends a fortune in the name of 'mopping up excess liquidity', also raising interests (raising interests dulls the economy), yet the same excess liquidity could be well checked by using the 'Boyo' approach. Ironically, as much as you, I, and everyone else will want the gov't to 'pump' money into the economy, with the tattered monetary policies and uncontrollable fall/epileptic situation of the Niara, it will only worsen the value of the Naira, and further drive up inflation if the proper monetary policies are not in place.

The banks are required to have matching CRRs, but none for the Forex deposits with them -- that's some keg of gunpowder, what happens if any of those banks go bankrupt tomorrow? Many economists, have proffered different smart scenarios to make those idle dollars in them vaults count towards our dollar liquidity . . . but, that will not be in the best interest of the same set of people who put us in this mess in the first place.

I could go on and on . . .

Bottom line: Only results will/can justify/vindicate the CBN and Emefiele (they are trying, but their best is not good enough; not acceptable). The results right now are piss poor. If the governor thinks the presidency or minister of finance are impediments to his good and invaluable work, he can sure do the honorable thing by resigning.

One would expect with the little fall in imports of rice, PMS (from 40m litres to roughly 20m litres a day), and some other stuffs, the Naira should be getting a breather, but hell naw! Isn't that something to ponder over?

That said, quick one:

what is the total monthly Forex demand of the country as a whole?

what is the total Forex inflow (overseas remittances, investors, crude oil sales and other exports)?

And what are our Forex reserves?

That actually is the proper place to start . . . it is pointless doing this without those figures. If the figures given by the CBN are true, then the CBN's leadership does not know what it is doing.
undecided
One thing you should understand is that the CBN still have to run everything by the government and can only initiate policies when given the go ahead by the president.

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