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Erico2k2's Posts

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Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 9:56pm On Dec 01, 2015
ooshinibos:
why do mean Nigerian Man..GEJ ruled for 6 years ...as the most educated President we ever had but we didn't feel his impact .. we told him to focus on the electricity infrastructure and bring Nigeria into the limelight but he did not deliver , I tell you bruv ..if Jonathan had use all the power at his disposal to fix the electricity issue in Nigeria (even up to 60 percent)... he will be president for life and the world will love him ... but the phd holder and his cronies had no clue ..actually ,if I was in his position I will be the first Nigerian president to self appoint assign minister of power and works to the presidency...
sorry bruv ,the truth is bitter , Jonathan had the power to upgrade Nigeria to a country to can generate electricity for his citizens and sell to other countries but he failed and failed again like his predecessors ..the only good thing he did was to relinquish power to the winner of the past election , I respect him for that
In same APC Broom can I dare to say how would it be possible for GEJ to fix the decaying power sector of accumulated decay of up to 25 years in 6 years huh huh Sounds familier huh
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 9:09pm On Dec 01, 2015
Sant1m:
PMB is right to refuse devaluation, our economy is not primed to enjoy the benefits of devaluation like the countries you mentioned above, ours is an import dependent economy. The primary aim of devaluation is to reduce the value of our currency in relation to other currencies, thereby reducing the value in price terms of goods and services produced in Nigeria in relation to i,e the dollar. Lets get the analogy right (pls i am not trying to prove i know), i,e if 1 dollar exchanges for 100 naira and a bottle of coke is 100 nairain Nigeria, if Nig decides to devalue say 200 naira to 1 dollar, it means that for the international investor his 1 dollar can now get him 2 bottles of coke in Nigeria and for the citizens like you and i, the implication will be higher inflation or prices in the short run to buy a bottle, Cocacola been a company that buys raw materials from abroad in dollars, in sourcing for funds from CBN will buy dollars at 200 naira to 1 dollar from CBN, something it buys at 100 naira before devaluation. To meet up the cash demand, CocaCola ltd since it must buy raw materials from abroad, will increase the price of her coke to cushion the effect, the people suffer as prices will keep pushing up (inflation), the upward demand for dollars will always be there as long as our companies cannot source raw materials at home.
The countries you mentioned produce most of there industrial raw materials locally hence they can enjoy the benefit of devaluation unlike us. PMB is only trying to protect the people hence his refusal to devalue, with dwindling oil price the major source of dollars, Boko haram, oil theft, kidnapping the country won't even enjoy the initial benefits of devaluation and it will crumble his Govt, PDP will turn round to laugh at Pmb. Take it from me, the best for now is what Pmb is doing, restrict foreign exchange and fight to maintain the currency until our foreign exchange earnings improve. Don't get me wrong, devaluation is good if only we are self sufficient in most of our raw material needs. Till date the U.S.A. Fights with China any time China devalues her currency, why? It will become cheaper to buy cars from China than in the U.S. I am stir trying to phantom out how devaluation affects liquidity according to you, because what i know that affects liquidity is Govt expenditure, salaries, payment of contractors or capital vote. Devaluation will not increase liquidity in the system as the current cash crunch has to do with non release of Capital vote since 2nd quarter of 2014 and the strict implementation of TSA that took all Govt ideal cash from the banks. The situation is precarious i accept, but Pmb did not cause it.
I wont bore you 2much with a lengthy article, I have one question only, name 10 raw materials obtainable in china to aid its massive export Economy, China being the king of currency devaluation at recent times, even the USA accused them of this.
http://www.theguardian.com/world/2015/aug/13/china-devalues-yuan-for-third-straight-day-adding-to-fears-of-currency-war.

And as 4 the foreign exchange, he is depleting them
8 billion dollars from foreign reserve
6 billion dollars left to him from NNPC and NLNG by Deziani
2 billion dollars loan from world bank for insurgency
Add daily income from crude oil sales for 6 months
I'm not saying PMB embezzled these funds, but they are being used as we Nigeria have less income coming in so we are using what we have saved,My question is when we finish these reserves, what then huh huh huhMe and U would have wished we Devalued the currency to encourage much needed foreign exchange.
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 5:19pm On Dec 01, 2015
Jowonloju:
they should go jor
No worry wen U make call no signals ,You cant get on line on your fone den U go swallow your own vomit then.
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:47pm On Dec 01, 2015
GudluckIBB:
Ok I have heard! Take the next step and hug the nearest transformer close to you!
Glad you learnt a new English vocabulary today,here is ur cert son. cool cool
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:44pm On Dec 01, 2015
prettyboi1:
No, slave...cos Europe and all the rest devalued, Naija must follow them abi? Is our currency as strong as theirs? So, we should devalue our currency until it has absolutely no value abi? How does that make sense to you?
It wont make sense to you cos you have no clue of how the word Economics works,please reference laws of Demand and supply, then ask yourself what we demand in Nigeria and what we supply.i will also employ you to read references from The world highest devaluer of its currency *GERMANY* they devalued their currency to the lowest of all times
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:12pm On Dec 01, 2015
GudluckIBB:
Thank you. At times I see it that there's no need arguing becos if u unveil the moniker of some people here who post rubbish,u will regret joining issues with them, becos some of them are diploma students in colleges,

So I don't bother myself with them


How can some body in his sane mind ask for jonathan again?
The same man who said stealing is not corruption?

The same man who milked our nation dry?

I'm sick and tired of some people.
GUy listen, when a PHD holder speaks U should drink water and read the meaning*** STEALING IS NOT CORRUPTION*** they are two diffrent things.DOn't get counted amongst the MUMUS who must repatriate their school fees with interest to their parents or sponsors.
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:06pm On Dec 01, 2015
vladimiros:
[size=13pt]Devaluing the currency would save us, there is no liquidity because we are fighting devaluation and how is that working out so far for us?

Europe devalued, Australia devalued, China Devalued, but Nigeria is holding tight monetary policies because we are God abi?
[/size]
The guy you quoted will not understand your analysis.U need to come to social studies level/.
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:05pm On Dec 01, 2015
Dongorgon5:
Which Gej?
Is it the one that is laudering money into one Ajilesoro account.
Only God can save naija not one corrupt personified jonathan
AGh na wah talk as if you go school small nah embarassed embarassed
Investment › Re: Foreign Investors Pull Out Of Nigerian NSE, Economy In Shambles - Bloomberg by erico2k2(m): 4:03pm On Dec 01, 2015
ooshinibos:
no way , GEJ will never come back ...he is the cause of all these issue Buhari inherited .... you cannot fix a 6 year problem in 1 year ... after 2.5 years of APC and nothing improves then we can wail ..and kick out Buhari and replace him with IBB
you are teh first APC supporter to put a time frame of how much time we must give BABA Go slow. 2.5 years it is.If GEJ was the problem, why did we not see any of these effect in the past 3 years, how come now its manifesting huh huh
Health › Re: Photos Of Best Hospitals In Anambra by erico2k2(m): 11:49am On Dec 01, 2015
Enesi47:
Good one, but how many time una want post hospital
Bross post your own cheesy cheesy cheesy
Romance › Re: Guy's Response To Lady That Demanded For A No Sex Relationship From Him by erico2k2(m): 11:45am On Dec 01, 2015
cutieviva69:
It baffles me really,the aims and objectives of relationships nwadays...frm d post, it's obvious it was a serious relationship that cld have led to marriage. so y d rush?
Even if she znt/wasnt a virgin, I blive she made a choice. It really doesn't mean she z smwhr playing away match.
Guys sex z nt food biko. U can do without it. All d ones una don do 4 una youth never do sefhuh
1st question, its only a youth who can say such as no sex relationship
2nd make a guy with R rover sport carry you for two weeks and the 3rd U say u nor gree see if U nor go accuse una vilage witches grin grin
3rd. The way the world be now, sex is personal,its obvious the guy us frustrated and in line with him not wanting to cheat started his case and took a bow.
4th Plz amongst you girls here, pls who is having a no sex relationship and is prepared to keep it that way until they walk to the isle??
R Kelly said having SEX is like making HITS grin grin grin
Romance › Re: Guy's Response To Lady That Demanded For A No Sex Relationship From Him by erico2k2(m): 11:39am On Dec 01, 2015
eyeview:
Very sad advice coming from a woman. Vey sad indeed.
But na true nah.
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 11:26am On Dec 01, 2015
macminista:
Na visit u visit not lived...u re wrong ..yes people re but we turn up for each other..
Ah , how long does it takes for you in NJ to visit ur guy in TX?
Business › Re: How Foreign Bankers Lure Nigerian Elite To Early Graves by erico2k2(m): 11:18am On Dec 01, 2015
musicwriter:
There's nothing fictitious there. If they've said it was done here in Nigeria or by a Nigerian hospital you would believe it without thinking twice.

Whiteman's corruption could be so unimaginable!.

Can you imagine a pilot (whiteman) crashing an airplane carrying over 250 people, just to claim insurance for his family?. I've read about two of such pilots.

I for one like what the banks are doing there in Europe. They should continue killing any African who's so stupid to stash money away in Europe, instead of keeping same in Africa.
Nothing of such dont be counted among people who believe anything in electronic form.
Business › Re: How Foreign Bankers Lure Nigerian Elite To Early Graves by erico2k2(m): 11:17am On Dec 01, 2015
Ranks007:
before where born. Nearly all incurable ailment man has ever faced in the this age are developed in the lab. Though there is a direct cause of cancer these guys know of, they extract the cancerous bacteria and use it to penetrate their evil on whomsoever the wish.
EG?
Business › Re: How Foreign Bankers Lure Nigerian Elite To Early Graves by erico2k2(m): 11:16am On Dec 01, 2015
ijustdey:
www.leadership.ng/news/479421/foreign-bankers-lure-nigerian-elite-early-graves
Anybody who believes this cr*p should return their school fees with interest to their parents
Christianity Etc › Re: Absence From Court: TB Joshua Speaks After Failing To Be At The Court by erico2k2(m): 6:06pm On Nov 30, 2015
I think he should appear in court to clear his name, this has nothing to do with set up or devil.
Education › Re: Public Primary School In Manchester (pix) by erico2k2(m): 2:41pm On Nov 30, 2015
oglalasioux:
Can we maintain them? How long before they turn grubby and decrepit. We don't have the mental capacity for maintenance. If you don't know, Abuja has more modern infrastructure than Vienna or Venice or Prague where most of their city buildings are at least 500 years old. Can you imagine that in black Africa?
Bear in Mind that these are Listed building.They had laws protecting them from demolition if not they would be long gone,quite expensive to maintain.but I do agree with you though.I think we have one major problem Electricity, this has the power to checkmate most ill practice of everybody cos records can now be kept and checked.Hence I respect the words of GEJ(I will fight corruption with technology).
Education › Re: Public Primary School In Manchester (pix) by erico2k2(m): 2:37pm On Nov 30, 2015
iblaw:
Its the first time i will have a write-up put up on the front page and was really surprised the way the main point was ignored...not bored about the abusive words.

I have been to Dubai, Doha and UK and feel SAD about the situation in Nigeria, i ask myself where have we missed it as a nation and why. I wish i could do something because sincerely the world has left us far behind.

I got back few days ago and Customs officer asking me at MMIA what did i bring for her, IMAGINE!!! I told her no one told me i have to bring something for someone at the airport, she said "ïs that so" and i said YES then she said i can go. In March when i also returned from UK, Custom officer at MMIA said to me "don't you have any left over dollar with you'', i just carried my luggage from his desk and walked away.

This people are a DISGRACE to this GREAT NATION.
Well that's the world we live in,but let me say something here,Nigerians deserve all they get reasons we love the good life but cant afford or do not want to pay for it.if teh govt say o k %2 of all our incomes should be paid into a national health scheme so that we all can have free medical treatment you will see days of protest by all Unions in Nigeria but that's waht these countries do.if they ask every home to pay council tax weather you are working or not so we can have our bins removes and have proper rds, people will shout ahr thieving things etc.The bottom line is nothing good is free.
Education › Re: Public Primary School In Manchester (pix) by erico2k2(m): 2:32pm On Nov 30, 2015
Madeu:
Revenue generated by the government are embezzled.
That was not the question, I asked was was the last time we paid council taxhuhlets face it, WE DO NOT PAY TAX IN NIGERIA as we ought to.when was the last time you paid vat on the car part you bought?
Christianity Etc › Re: T.B. Joshua, Others To Be Arraigned In Court On Monday Over Death Of 116 People by erico2k2(m): 10:50pm On Nov 29, 2015
Joejonah:
Touch not my anointed and do my PROPHET no harm.....
It's a natural disaster and don't think all these are necessary.


Modified.
For those quoting me for rubbish, who is being prosecuted for the destruction that happen in mecca that claimed hundreds of soul??.


How many boko haram members are being tried in courthuh
No law was broken in Mecca, that was natural, but here a law was fawned upon, ie building on top of an existing structure not structurally fit for that purpose and braking the law by not obtaining such permit to undergo such project cos if he did they would have declined therefore them lives would have been saved.The pastors should be the number one citizens to obey the law.
NB Im a xtian but no sentiments here.The should have demolished the existing building and start at fresh,I'm sure the church had such money this is pure negligient on part of the pastor's team.but he is the Boss so due process must be followed.Im sure he will get do ne for corporate manslaughter.
Education › Re: Public Primary School In Manchester (pix) by erico2k2(m):
JohnFrankling:
I weep for my country and this is even a public school....diaris God oh
When was the last time we paid Council tax in Nigeria lol
Car Talk › Re: What DIYs (Do It Yourself ) Have You Done On Your Car Or Plan To Do? by erico2k2(m): 6:26pm On Nov 28, 2015
And of cos the front swing bar Bushings and Ignition Actuator Pin

Car Talk › Re: What DIYs (Do It Yourself ) Have You Done On Your Car Or Plan To Do? by erico2k2(m): 6:22pm On Nov 28, 2015
More here
5 Ignition Switch( I heard I need an Anti/theft Tox to lose and fix this)
6 Engine Thermostat
7 Serpentine Belt Automatic Tensioner
8 Front sway bar linkage

Car Talk › Re: What DIYs (Do It Yourself ) Have You Done On Your Car Or Plan To Do? by erico2k2(m): 6:16pm On Nov 28, 2015
OK,I'm almost done with buying of all the parts I need to change on my Jeep liberty
1 Air Filter
2 O2 Sensors
3 Water Temperature Sensor
4 Tale Glass Gas lifters.

Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 4:31pm On Nov 28, 2015
Innovativeeng:
Hello,
I understand your situation. Speaking from experience I will advise you to do your master's and get a job in nigeria no matter how small it is. Travelling abroad is only a beautiful life in pictures and not in reality. When you are abroad you struggle to learn the language and culture, you struggle to get a residency permit which normally takes years minimum of 5years. You struggle to feed, to pay monthly rent minimum of 400€. You are regarded as a second class human being cuz you are black. Mind you the only job you are qualify to do will be cleaning or security jobs. Office job is a tall dream, happens rarely and takes years. Going abroad is like joining a cult you start regret after joining and not easy to come out of it. Many are starving and suffering abroad but can't come back home cuz of shame. Experiences: I have been to USA, LONDON, GERMANY,FRANCE & HOLLAND.
U sure say you live for USA and Germany?
cos from your analysis, I surprised you have to include US and Uk, cos there Language is no barrier, the only barrier you have in USA and Uk is laziness and short cut angry angry
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 4:29pm On Nov 28, 2015
macminista:
u don live for yankee?
Live No but I have visited, I know that Nj and Tx are more packed with Nigerians than california etc
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 3:32pm On Nov 28, 2015
ailehwise:
same here broad. in fact, white lady wish to marry me
coming to Nigeria soon. finished service last month. the stress I have pass through searching for job alone. I am becoming losing hope.
Don't know if to go with this lady.
What country she coming from?
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 3:32pm On Nov 28, 2015
macminista:
Yankee...I live there...lots of opportunities if u re to further your education...got lots of friends n family members for Europe..their story not something u would want to hear
I feel you, the only country to hustle in Europe is the UK any other o ne na Bad market.US is great so is canada.I say Uk cos its full of 9ja people, its easy to go with the flow and 9ja people live i n close proximity, no B una wey dey USA to go see your guy nah 4 hours drive grin grin grin, here i n the Uk men dey live same street go same market.But if U go another country inside Europe U are on ur own oOh angry angry
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 3:28pm On Nov 28, 2015
lakesidepapa:
Your siblings get luck bro, which one be ££? smiley
££ means pounds
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 1:50pm On Nov 28, 2015
macminista:
guy if ever u decide to travel DON'T ever go to eroupe
So where make him go nah?
Career › Re: Advice Needed:a Masters Degree To Aid My 2.2 Or A Life-changing Trip To Italy? by erico2k2(m): 1:49pm On Nov 28, 2015
rakumiii:
I get you point and I am so proud of those 2 guys anywhere in the world doing what they do and would definitely not knock their hustle...... In the case of Italy, there is the first issue of language barrier so working in a building/construction company might not be possible to start with.... Things are very hard for foreigners in Europe these days.... The things we could get away with in 1998 or even 2008 is almost impossible to do in 2015.... typically, what I have seen is that a 23yrs old guy who firsts gets to Europe will be very open and willing to do any kind of work... but after a few months or a year, because he has made some friends and knows his way around, he would look down at that particular job as something degrading..... not to talk of being stuck there for 5years...

Also remember that just because a person doesnt
I agree with you %100, U cant try that in another part of Europe.If this was to happen in italy dem die well.

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