Politics › Re: Senate Terminates REMITA Contract And Orders Prosecution Of Culprits by erico2k2(m): 6:12pm On Feb 24, 2016 |
Pappyshoes: Are you okay? What concerns Tinubu in the matter? REMITA? Make any sense? |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 6:08pm On Feb 24, 2016 |
zikIPE: ow, I didn't think of that. hope I'm not interrupting your lesson ooh. Pls go on and I'll ask questions where necessary Nah U are not by any means. I'm trying to list what I would use. Where I am now I cannot build one cos of how I live but will do so when I get to Nigeria for good. So I'm hoping someone like you will pick up the project. But I'm gathering the elements here the main frame can be built with stuff in local communities in Nigeria. Metal or wood. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 1:54pm On Feb 24, 2016 |
zikIPE: i already have 3 stepper motors salvaged from a dvd drive. My main priority is now the arduino mega 2560 R3. Lemme go and beg the oga well....my student budget no fit go anywhere  Ok what are you going to use for the rotor? |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 1:14pm On Feb 24, 2016 |
plaetton: Lol. I think you're the one being emotional here.
You say the " current policy". What current policy are you referring to ?  Part of the Naira's problem is the absence of a clear policy.
Burying one's head in the currency sand is not a policy. At best, it is an ad-hoc policy, with no long term goals.
In case you're missing the point, devaluation is not intended to solve anything problem. It just the market trying to find it's equilibrium point, it's equilibrium value.
You create bigger problems and distortions when you try to play economic acrobatics not based on realities.
How long can you artificially "save" the Naira ? Till which shoe drops?
Concrete and long term reajustments in consumption and productivity is what is needed to give REAL value to our currency, not presidential fiats. If you talk pass so dem go call u IPOB that's the new wailers now. |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 11:49am On Feb 24, 2016 |
Tokt:
Who cares if u are an ipob nonentity or not. If u are for them then u think likewise. Am sure u got the above conclusion from ur anus. Nonsense. Am I suprised? Slaves will be slaves ni matter how much you try to save them |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 10:50am On Feb 24, 2016 |
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Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 10:49am On Feb 24, 2016 |
arduino: Are you a Physicist, Computer Engineer, or Elect/Elect Engineer. For all your microcontrollers/ arduino components and shields buy from us on konga @ konga.com/faithtechnologies.
Fast Nationwide Nationwide delivery Guaranteed. Ok give us quotes and specifications here plz. This thread is for enlightenment |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 10:19am On Feb 24, 2016 |
opomulero: Good Morning NL,
Please is there a way i can get Turkish Lira to buy in Nigeria?
Kindly give a helping hand.
Thank you
Worried somebody U wont unless by luck.it's as worthless in the world of BDC like the Naira.U need dollars then convert it once U r there to local currency |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 10:17am On Feb 24, 2016 |
lookandlaff: some very good points raised,
The Naira is effectively devalued, however, govt is walking a tightrope. I just want to say a few things.
probably the 2 important things in any economy is the price of food and the cost of transport (fuel)
1. We cannot officially devalue the Naira while we are still importing fuel, pump prices either double because we now calculate using the devalued rate or we spend half of our current budget on subsidies
2. Buhari is right we have no competitive advantage in production such that officially devaluing the Naira benefits us. Most of the sectors that are hurting die to the scarcity of forex are sectors that are a drain on our economy. I.e the importation of consumer goods. For me that's their headache. Govt has said if you want to produce these goods locally we will subsidize your capital equipment at the official rate. We spend billions of foreign education and health, well maybe it's about time we invest in our schools and hospitals. There are certain industries that we have a competitive advantage in, are big employers of labour, for which the technology is not rocket science and whose products we have no business importing, Textiles, foodstuffs come to mind. We have rubber, we used to have tyre manufacturing companies, the list goes on. This is a big opportunity to restructure our coutry, there will be pain but if we endure we will be better for it.
3. So long as we are relatively self sufficient in food production and fuel prices remain stable, inflation will be relatively controlled
4. govt should officially recognize the parallel market, which will alow the inflow of forex from other sources like diaspora. Most of what goes on is actually technically illegal and if I export I am not going to bring my money back at the official rate. Food for thought. If you have a bad mind.u manage to secure forex at 199 frm cbn to import PMS and at the parallel mkt it's 400 what will U do?import fuel or sell to BDC and make instant gains? |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:43am On Feb 24, 2016 |
opomulero: Good Morning NL, I heard if someone is travelling out of the country that travelex can sell to the traveller @ point of departure in Muritala International Airport.
I wanted to know if this is true and there operating hours, as i couldnt fing any of there nigeria contact on the internet.
Any response shall be appreciated. Guy buy ur forex b4 yoy reach that point or else U will be gutted |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:42am On Feb 24, 2016 |
Tokt: as far as i am concerned. Below is the official rate. Parallel market can go fucck itself with Ipob fools. I'm not Igbo but all I can say is U lack morals as the so called IPOB are the ones who demand dollars more than anyone else in Nigeria.frm last I check buying and selling of cows don't involve dollars |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:38am On Feb 24, 2016 |
juman: It appears that cbn pushed more dollars out.
But using that method, how apc government would maintain low dollar rate is a hurdle. CBN did nada |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:36am On Feb 24, 2016 |
fineguy11: UK and CHINA are minor oil producers,,Angola and Venezuela are major oil exporters/ core opec members,and will support any move to curtail supply in the global oil market.. Check Saudi Arabia out put for 2 yrs running |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:19am On Feb 24, 2016 |
plaetton: Silly Africans and their magical thinking.
This why your genius leader proposed a budget predicated on $38 per barrel of oil at a time the price of oil is hovering between $26 and $31. It takes a great genius to do that. 
Keep your Hail Marys to yourself.
There are no Hail Marys in economics,..assuming that you understand economics 101. They won't learn my guy.This why they kill themselves during election for N100k |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:17am On Feb 24, 2016 |
myproperty: No brother don't pray for a dollar to get to N500. Whatever happens to our country affects all of us. But did the government do anything concerning the currency? or is it because of Ifeanyi Ubah's stake that the Naira appreciates? Ifeanyi Ubah showing concern an acting like a government. Wisdom is the principal thing Govt did nothing. These events are as a result of xternal factors which Nigerians have no control of.the £ lost to the dollar today lowest in 7 yrs 1.3. |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 9:15am On Feb 24, 2016 |
fineguy11: f.ool..Saudi and iran and russia has agreed on the need for oil supply cuts,Oil price cant sink futher than it is presently.. What of the UK.vanuzila. Angola and China? |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 9:13am On Feb 24, 2016 |
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Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 9:01am On Feb 24, 2016 |
zikIPE: interesting, i never thought of that. So, basically, this 12mm is the diametre of the rod?? Correct |
Business › Re: Speculators Get Their Fingers Burnt, Naira Strengthens To N310/$ by erico2k2(m): 7:42am On Feb 24, 2016*. Modified: 9:14am On Feb 24, 2016 |
It's Ironic that loads of us here are so used to suffering that we think it's normal.the £ lost grounds to the $yesterday cos of shift in the EU and speculation about the UK leaving the EU thus the buying power of forex with £from the US mkt has slowed/weakened .it will Continue to depreciate untill after the vote to stay or leave the EU. So U guys seriously think your president did some magic ahahaha.Name the magic then. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 9:50pm On Feb 23, 2016 |
ok major parts we can fabricate should be the Y,X and Z axis,.The best material for this is the angle bar,there are loads in teh market. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 9:49pm On Feb 23, 2016 |
zikIPE: a link would be highly appreciated-Especially a link to a CHEAP arduino mega 2560 R3. And i really don't know how a 12mm threaded rod looks like. I once went to buy a threaded rod, but they had a different naming convention. They were using names like size 2, size 4, etc and the traders had no idea what i meant by 12mm. Any help will be appreciated a 12 mm threaded rod is just a 12mm rod but has a thread,you can do this urself o n the lathe machine you can get a 12mm rod and thread it yourself if you have access to a good vice. |
Politics › Re: Fulani Herdsmen Raid Agatu Community, Many Killed by erico2k2(m): 9:46pm On Feb 23, 2016 |
SeverusSnape: He made that statement in late fifties or early sixties. There was no Internet then, But he made the statement and other controversial ones too. Google it. statement made by Adolf hitler still have links on the net.The decleration of America still have links o n the Net. |
Phones › Re: Cybercrime: Doing This On The Internet Can Send You To Prison – NCC by erico2k2(m): 8:29pm On Feb 23, 2016 |
boman2014: The Nigerian communications Commission (NCC) has warned Nigerians that the cyberspace is not aan venue to promote hatred as there are laws guiding against such.
[img]http://i.onthe.io/vllkyt7r8r2k2c5a5.f7385cd0.jpg[/img]
Mr Tony Ojobo
This was made known by Mr Tony Ojobo, the director of public affairs of the commission on Monday, February 22 during a discussion on what the new media has to do with cybercrime act.
The programme which was part of the week-long Social Media Week was geared towards examining the issue of cybercrime and how it affects the new media.
Ojobo who was part of the discussant explained that a lot of laws were available which internet users have failed to familiarize themselves with. He noted that people misuse the cyberspace by making xenophobic, comments, hate speech which are contrary to what is allowed.
He cited an example that if a person receives contents that contained child pornography and shares with other persons using the internet; the person is likely to go to prison even though he did not produce the material. Speaking with naij.com, The NCC public affairs director encouraged the use of the cyberspace with sense.
“Developed countries don’t want regulation of the internet but it is necessary in developing countries to prevent cyber-crimes. Nigerians are not reading the law which is why media users, bloggers and journalist are sometimes sent to prison when they don’t get their facts right.”
Ojobo explained that the laws were not there to deny Nigerians their freedom of expression but to prevent people from inciting hatred.
https://www.naij.com/740938-beware-internet-can-send-prison-ncc.html Bulshit sometimes these people think we are stupid. Where did he get that from tht developed countries do not want control of the internet? They control the when internet in the whole world |
Politics › Re: Fulani Herdsmen Raid Agatu Community, Many Killed by erico2k2(m): 7:55pm On Feb 23, 2016 |
OnankpaBa: wailers will soon call for Buhari's head now. Is he not the CSO of Nigeria? |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 7:27pm On Feb 23, 2016 |
zikIPE: a link would be highly appreciated-Especially a link to a CHEAP arduino mega 2560 R3. And i really don't know how a 12mm threaded rod looks like. I once went to buy a threaded rod, but they had a different naming convention. They were using names like size 2, size 4, etc and the traders had no idea what i meant by 12mm. Any help will be appreciated Ok I'm at work when I get home I shall get you some pics. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 5:02pm On Feb 23, 2016 |
zikIPE: well, industrial/production engineering undergraduate here. I've been learning about (automated) CNCs on my own for a while. Needs a micro controller(like arduino) which i do not have. But keep going, i'm following. And thanks for the work you're doing You can get them from Alibaba or Ebay and Amazon. Plus they ain't that xpenssive plus software is free. I can get you a link. Try an research how much it will cost U to get threaded rod at least 2 ft long 12 mm down there. |
Properties › Re: Another Narialander Roofing Project In Umuahia by erico2k2(m): 2:26pm On Feb 23, 2016 |
princejones: Thanks you sir for making an enquirer thoungh this thread,l believe the price will come down before you gets to the roofing level,not just stonecoated price has gone up it also includes other Aluminium products because of forex.But we still have other new zealand and south korean product that are very durable but wichtech has made the name and they are top on the market now The ones u used any idea of cost per square mtr? |
Christianity Etc › Re: Story: How Witchcraft Has Ruined Our Family by erico2k2(m): 1:53pm On Feb 23, 2016 |
kelzi11: My father senior brother. The oldest among them. Acquired witch craft, and for like 3 years non of his brothers or sisters knew, including my father, untill my grandfather died, then people start dieing anyhow. Out of seven, my father's senior brother that is a witch has suceed in killing five(5). Only my dad and him are remaining. My dad is currntly ill, and the illness is more than 4 years now. Each church we go. Prophecy tells us he is the one.
He was sucessful in killing my junior brother. And now even me and my siblings are under threat. He uses witch craft power, marmaid and even native doctors power to challenge us.
due to the fact that we are very close to god and we usually go to every church that we can. We pray day and night. Our pastor prays, fasting and many other things are keeping us alive till this time.
One of my fathers brother that reside at india since he was small, hustle untill he made it, and was even planning to bring a drug producing company to nigeria, he had already negotiated with indian poeple and finish, but the very day he wanted to board a plane to nigeria, he fanted and died.
So this man has done many evil things, killing many poeple, commiting all sort of attrocities. Even one junction in our l.g.a he is the king of witchcraft there.
He is now turning his face to our family and wants to finish us our because he sees how we are successful.
To be sincere witchcraft dont like good things, so i advice you that anything you do, do it in secret, dont open it to your village people. And also pray very well. Cause this people called witchcraft. Are somehow powerful, but their powers comes from god. Without god, they are nothing.
If you dont have witchcraft in your family, dont say that it dosent exists. It do exist and can destroy all good things in that family.
I also want to ask a question if any body have encountered this kind of thing in his or her life before.
Thanks for reading. As hard as it may Sounds he is no match for God.Declare a Holy war on him he won't last one month I promise. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 1:43pm On Feb 23, 2016 |
zikIPE: Quick question: which field of engineering are you a graduate of/still studying?? Are you Intrested? Is the ABS of robotics so it will give you a massive eye opener b4 U hit the labour mkt.I am almost 18 yrs late. |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 1:41pm On Feb 23, 2016 |
zikIPE: Quick question: which field of engineering are you a graduate of/still studying?? Mech.Engine |
Business › Re: Forex Speculators From Benin Republic, Ghana, Others Invade Nigeria For Profits by erico2k2(m): 9:12am On Feb 23, 2016 |
makenzie: with 3 degrees at different levels as well as hands on experience in Economics, Finance and financial economics at home and abroad, be rest assured that no issue on migraine cos i am well grounded on this information. i am only interested in seeing if any one will come up with a genius and sustainable argument on the subject matter with respect to Nigerian economy. i am not convinced. Nigeria is full of greedy beings. They know what to do but bend it for thier selfish interest |
Science/Technology › Re: Let's Talk Cnc by erico2k2(op): 10:22pm On Feb 22, 2016 |
Ok Basic Tools needed
Set of imperial and metric hex keys or drivers (we will mostly use 3/16" and 5 mm ones).
5/16" socket tool.
Wrench for tightening 5/16" lock nuts.
A pair of 3" - 5" clamps. One wide clamp (wider than 6", preferably wider than 8").
Calipers. Machinist square. Dial test indicator (I recommend using 0.001" dial test indicator). Soldering iron. Lithium grease for bearings and silicon grease for steel rails (to lubricate and protect them from rust). |