₦airaland Forum

BeeBeeOoh:
The chairman of the Dangote group, Alhaji Aliko Dangote is one of the voices in support of the selling of some of the national assets to tackle the recession, especially Nigerian Liquefied Natural Gas (NLNG).

He said: “The only way for us to get out of this recession is to make sure we move into action quickly; by diversifying the economy quickly.

“If I had challenges in my company, I would not hesitate to sell assets to remain afloat, to get to the better times. It doesn’t make any sense for me to keep any assets and then suffocate the whole organisation.

Birniwa:
Explain to everyone how you're an exception to what the country is going through. Capital fo0l!

Jethrolite:
Yes that's true, that's something that scares me about this country, government only focuses on making money just to spend it. Imagine governors already supporting the idea. Sure sign that the sale will amount to nothing.

WorldRichest:
Please educate me, was it Buhari that sold Nigerian Airways, Niger Insurance, NEPA, Eleme Petrochemical Company, e.t.c. including your destiny?

Jethrolite:
Truth be told, government has no business doing business. The job of government is regulation, policy provision, providing conducive environment-in essence preparing a fertile land for businesses and citizens to thrive then they tax everything.

passionate88:
Omenka beremx ngeneukwenu

soberdrunk:
E roju ole ee mu, omo yin o shay agbafo ooun ko ashor Wale! "You see something suspicious and you refuse to talk, your child is not a drycleaner but he is bringing home clothes"....................... For Yoruba movie Industry way even some Veterans" still dey collect 70k for a full movie.......

Justiceleague1:
And the op said the visionless fg is diversifying...diversifying by looking for tax payers or for firms who didnt/don't pay tax! Nobody is encouraging tha but what happened to diversifying into productive areas and sectors that will gainfully involve nigerians? This govt is self serving and the most clueless on earth!

mapet:
Little girl, get off my line if you do not have the capacity to engage me.....you're wasting my time

mapet:
1. If I were the govt spokes person, may be I would have ignored some people's stu.pi.dity. As that position will limit me to show how idiotic some posts on NL are
2. People are entilted to their opinion? Oh! like I don't know!!!!!....... and who tells you those opinions are to be held sacrosanct and not challenged, especially the lame ones
3. The level of trust and respect you have for this government is of no interest to me.

blueto:
The Problem is our imports surpasses our exports now than before, I remember when Jonathan was the president, he made effective pro-people policies that ensure farming goods were abundantly produced, so they were able to raise the Nigerian exports. I believe there is no country that is independent, even China, they also import, but the problem is allowing imports to surpass exports. As a result of the contraction, foreign firms have liquidized, so they need forex to move their liquid capital out of the nation. Did you read the news of how MTN moved about $12b out of Nigeria? where did they source the simoleon from?

And also, foreign investors are now deterred of investing because if the harsh business environment, poor infrastructure, lack of basic amenities, multiple taxations, unfavorable forex policies and so on. they now resorts to buying bonds instead of making investments thay will see them inject more to the FX reserves. This admimistration needs more people like Emefiele, thank God Buhari didn't sack him, like he did to some other technocrats that GEJ appointed.

Standing5:
I laugh in Naira defence. Nigerians produce next to nothing in terms of quantity and quality so we can't earn dollar forex to satisfy our unquenchable apetite for foreign goods. The habit of flooding fx market with cheap dollar by CBN in a bid to keep its price down A.K.A. Defending the Naira isn't sustainable any longer as petrodollar isn't flowing in in excess for now. Nigerians should start thinking of alternative exports.

mapet:
..... it is not special to you simply because your mind and reasoning operates below par. When you consider the impact of the current climatic conditions on the environment - floods overtaking houses, rising heat, rising melting of the attic, and overall impact on health and global economy, you will know what he's signing......

AreaFada2:
We're a bunch of very spineless people generally in 9ja. We worship money & status/position anyhow.

That is why when most loud critics are invited to come & chop, they turn coat instantly.

ceemere:
I still can't fathom how some psychophants defend this government without shame. It eludes me. To me those are the true enemies of the country, not the 5 percenters. How can u cheer an obviously failed group of people to destruction even when u know they are dragging the rest of the country down with them. Then after u'll turn around and lay the blame on IPOB and ND.

modath:
If the cost of keeping something running far outstrips its earning potentials, the ONLY & WISEST course of action is to LET IT GO..

If a leg is going gangrene /or has gone necrotic, rather than risk sepsis which is most likely sure death, the leg is better cut off to prolong life.

With Life, there is hope, This spells the [b]russian roulette[/b situation] of Nigeria and its national assets.. She is damned if she does but it's sure death if she doesn't..

Boleyndynasty2:
They keep holding this crucial meeting every week yet nothing to show for it

sarrki:
It was not state sponsored

GenBuhari:
When you are away from home for several days on business it is fair to be given opportunity to be accompanied by one or two family members especially your children.

It is not unusual for companies to fund family members of their executives to accompany them on business trips abroad.

The wife of the president is also in New York on official duties as Wife of the President; her two daughters appear to be accompanying her.

However even then, one or both of the daughters may be there on official invitation in their capacity as ambassadors of certain NGOs or charities.

On another note, Zahra's beauty is intimidating !

dreezybines:
Sis my point is patience...Things have gotten really bad before this administration... It won't change over night...Change is a gradual process

dreezybines:
Food is what comes to your own mind...To me,It's a glutton that eats thrice daily.

EMMYLBANKS:
This buhari era self small minute hunger don catch you

i dey wait ooo

dreezybines:
I'm still a BIG fan this PMB administration any day any time...I know you mean the best for this country...Nigerians are just too impatient and expect a large country like Nigeria to change over night.... Come 2019 if you campaign again you'll have my vote...

AntiWailer:
Blame game will be over once the past Government keep quiet and allow the new one fix the mess.

You can't cause something and throw it at my face and still scream BLAME game.