₦airaland Forum

I'm in luv with Soccer so Champions League is my Val

Not at all... Herdsmen ti take over, dat is d new trend ni. Ur arrangement was for dem to carry cows instead of bombs

BRAsil... No comment

elampiro:
You are bringing 2017 report whereas I have read many reports since 2014 or even before. The problem of Venezuela started from corruption and still a major problem. Is Venezuela the only country practicing Socialism?

I am not sure you read Saudi Arabia austerity budget.

Like I said earlier dat was a summary of what happened to Venezuela. Becos d report was written in 2017 means doesn't mean its not an indept analysis of what went wrong. Their problem wasn't corruption, their problem was trying to run a socialist govt. U shld look dat up also. Here's a little something on Saudi and how it went about its recovery.
https://www.reuters.com/article/us-saudi-reform-kemp/saudi-arabia-eases-austerity-just-as-oil-prices-decline-kemp-idUSKBN19D03W

Pls what are d austerity measures our govt took?

elampiro:
I have been reading about Venezuela for years now. Corruption is a major part of their problem.

Secondly, what about Angola, Russia that also have currency devaluation? Saudi Arabia with austerity measures.

U have either been reading wrong or understanding wrong.. Here's d summary of what happened to Venezuela..

https://www.investors.com/politics/editorials/what-caused-venezuelas-collapse-is-no-mystery-except-to-economically-illiterate-journalists/

U Ppl kip beating around d bush.. Countries experienced recession.. Yes... Was it as a result of their previous administrations? No. Could d govt have handled it beta. Yes.. How? A more responsible austerity measure (Their catastrophic forex policy, so-called subsidy removal which turns out to b a scam, dey are still paying after all). Try and compare austerity measures generally and what we had here and tell me Yes we did d right things.Why do we have to kip making excuses every time on behalf of d govt

Hahahahaha.... How d hell did he make a donkey pass out?? Did is more hilarious dan a snake swallowing millions

elampiro:
The govt has prevented us from going Venezuela's way because Venezuela and Angola crisis were caused mostly by corruption.

Oga go and read up and stop wallowing in govt imposed ignorance. Jus type "What happened to the Venezuelan Economy". D information is very free

Hehehe... And wen we called his followers zombies dey thought we had lost it.. Jus like d slowpoke up there whose only response is typically zombified

Its becos afta watching it, konji will gather on ur balls and den dey start paining u and dat is called Blue Balls

elampiro:
It only shows how much Buhari have been able to manage little inflow to protect Nigeria from going the Venezuela way.

The countries that were proactive didn’t go into recession, example is Norway. That is because they had huge external reserve to draw from. The fact that Buhari pulled us out quickly from imminent huge crisis meant he has done well.

Hahahahahaha.... Now dats funny. U Ppl easily cite d Venezuelan example without knowing jack about wat led to it. If for anything , it is actually dis govts actions dat's driving us towards d Venezuelan economic collapse

Ghen Ghen... Ogun and Obatala something loading... But na mouth sha

Rebranded ole

elampiro:
The past govt did not save. Look at Norway:

Norway, the oil producing country with the best savings (reserve) plan took out from their Sovereign Wealth Fund for the time since 1996 it was created. The sovereign wealth fund is the equivalent of the Excess Crude Reserve Obj created in 1999. The Norway Sovereign Wealth Fund was over $300b in 2009, in the oil boom of 2010 to 2014 it reached $900b


There is no oil producing country that has not experienced economic problem, even Saudi Arabia had to adopt a huge austeriry budget every year since 2015.

These are countries with huge savings, yet they are experiencing contractions. But we don't even have enough reserve to fall back on. The past administration was not proactive. What should have been saved ended in private pockets.

U are actually contradicting urself. U jus admitted countries are going thru economic contractions. Did we experience same becos d past govt wasn't proactive?? D govt claims we've weathered d storm now, how did we do dat?? For how long are we going to kip making excuses??

elampiro:
Russia also or is experiencing economic contraction. Their currency fell badly, although has recovered a little.

Angola is particularly interesting because it has just a population of 28 million with 1.7m barrel of oil export daily. In 2016 it exported more than Nigeria

Ur trying to justify our current economic contraction with dat of others is what I have a problem with. Most of our current predicament has nothing to do price drop in crude. D govt made everyone believe d past govt was to blame for it. Who is to blame for those experienced in those countries. While comparing those countries let us also compare other aspects instead of focusing on only one aspect. How many of d oil producing countries also import petroleum products afta exporting oil? How many dem are experiencing scarcity in fuel??

D album is definitely an improvement on d junk we've been listening to in d name of rap music.. I'm patiently waiting for his Young Denzel album if "Rendezvous" is anything to go by

Let's stop fooling ourselves .. We always want to justify our bad situation with a similar worse off condition wen it suits us. Show me other oil producing countries experiencing similarly bad situation . How about u also show us reports on d fuel situation in their country as well

Ghen ghen... Vaseline Crew Oya oooo... Dis is how to convert ur handjobs into paying jobs ooo

Dis one na insider job. Some of d members or family members are involved

He wants to tap d all new round looking RiRi again

Where are those Ppl opening threads upandan to applaud d improved power supply NATIONWIDE.. Let me help dem " Wike hired dis protesters to ridicule d gud works of d govt"

Na e-book U wan sell last last... U forgot to edit ur copied post

All our politicians know how to do is play politics with every unfortunate incident dat happens. Oga we already blame dem, face ur house and get it in order

He's stagnated ever since he came onto d scene.. Wale admitted his love for Oamides style and gave him a few shot at an international collabo and he somehow inexplicably blew it... His collabo with Wale and Wizkid has got to b his worst ever

sweetgala:
It would seem that was not his first time, there is mention of another child

Exactly my point

Hahahaha... Why telling us? Tell it to ur boss and party of thieves who promised to build refineries and even claimed to have fixed d existing ones. Do U know how much time and money Nigerians have been loosing to d same imported fuel and also how much Nigerians loose to Power? U all are mad

See d type of ediots we have as leaders.. Nigerians already regret having d same bunch of old men run us aground, what's d worse dat could happen wen youths take over? I guess we are only gud to vote others in and not to b voted for. Rubbish

Dis snake is innocent.. If na lie ask Lala

We know U can.. From ur League of Extraordinary Almajiris

There's something wrong with every sector of dis govt and it has extended to INEC.. Is it not d same voters register INEC uses with d state electoral commissions ?? Are they telling us there is a different register or something? How stupid can dis Ppl b abeg

maggilove:
see the way they are encouraging immorality in a legal way. God help us.

maggilove:
see the way we are encouraging immorality in a legal way. God help us

Stop acting holier than thou... They only advised youths to use a condom or luv wisely. Youths here includes both married and unmarried. There is an already high HIV prevalence between d ages 15 to 24.. I'm very sure these same youths go to churches and mosques and even belong to some units in d church. Has religion stopped dem from engaging in sex??