₦airaland Forum

But seriously..Davido is perhaps a "one hit wonder",lookin at it without a biased mind.

Please! Biko nu..which church did Joseph attend in Egypt?which one did Moses go to?or they were not children of god too?my conscience is my church,doing good is my religion!

40yrs old Is he the "grand-patron"

"uwaa bu paw paw men"..is this wat my fellow married men go tru,fallen heroes?.my sincere condolence .need to rethink on ,marriage.

IYANGBALI:
Pls how is the cost of living in Congo,I just love that country and her weather. I don't mind relocating there

Sowie! Nigeria does not have a direct flight to Congo,no access rd,no railway,no canoe,eccept u go waka..even that oneself,na Ebola monkey u go meet for road,abi u no no say Ebola dey Congo? "Iya longer throat"

kraftykc:
Nigger they are not the ONLY Defense contractor making airplanes. When the Pentagon wants an item it makes it an open competition to multiple companies, so if Boeing doesn't deliver (or if someone does the job better even if Boeing delivers) then they can pick the best off the lot.

because they have got alternatives,isn't it,wat alternative do we have?BOKO HARAM

kraftykc:
Let them write up whatever they choose to, shite ain't gonna happen. Why the hell would a commercial contractor start making armored vehicles when he is making civil ones too? Isn't one Dangote monopolizing the agro industry lesson enough for us? I would think the government would be eager to diversify, so let them build it from scratch or raise the profile of the assemble plant where the made-in-Nigeria APCs were made. I am totally against this idea, it gives to much power to Innoson and the oversight will of course be nonexistent. God help us his vehicles have a defective part...e go bad gan!!

Are u kidding me?Boeing is the major supplier of US weapon,an they're fully commercialized industry.

NDPVF:
I am a core Akwa Ibomite,but i cannever disrespect or part ways with Igbos,doing that is parting way with creativity and Ingenuity especially in Science & Technology,and Trade & Investment.
I came to respect Igbos in that regard,when i visited Nigerian War Museum Umuhia.
I saw the reason why Nigeria hasn't yet find its feet in the world of science and technology and economy driven by trade and investment like China.its because of years of neglate of Igbos,and the should i say 'shyness' and inability of Nigerian government to tap from Biafran war science/technological exploit.
Shame upon our leaders who failed to reintegrate Igbos into our mainstream economy,and harness their potential earlier than enough.

JONATHAN,YOU ARE INDEED GOD SENT.

Ami nte,Abasi Sosong!.

Just posted a bit after you did..an I never new we had the same tot in mind,because I didn't read your before posting mine..this country will never progress so long as we try to push aside our history,is amazing how every govt has not tot it wise to learn from the scie exploit of biafran weapon technology,due to tribalism.we can only learn from history not to wipe it off our memory,Europe learnt from world war2 an rallied on Germany to spearhead its economic revolution despite the fact that Hitler was the aggressor,today they are better for it..but not govt want to have anything to do with lessons of ghe civil war.

They shud be humble enof to just mandate our defence academy to go on tour of national war museum in Umuahia to study the ingenious biafran weapon technology,with special emphasis on the famous "Ogbu ni Igwe"..that wud help their cause a great deal

Maybe I shud also ask ...is smoking righteousness

Balkan:
[size=20pt]MALAM ROCHAS OLANIYI COCKROACHA
IS IN THE WRONG PARTY[/size]

In your ming pdp is better than APC as a party?

All this na tori,come to cele bus stop,along oshodi apapa exp.way tomorrow between 5-6am an I will show u at least 3 of them,infact I once pleaded with a policeman to arrest one,but tge guy honestly,told me that if he does,the thief wud be released the following day.

kaboninc:
I don't know if I should lecture you in a civil, moral and calm way or blast you with insults and still lecture you. Maybe you'll learn should I use the latter method. But my conscience will deal with me.

See what you just wrote, and with confidence!


That means you actually do not know a thing about this subject matter. And you talk to me in a way like you know? With facts to support you?

Let me feel you in, just a bit.

During Soludo's bank consolidation exercise, banks were ask to recapitalise so as to strengthen their capital base. The essence was to birth a stronger, robust, confident, flexible, effective and sound banking system. The banks were taunted to lead the growth and development of the economy. These capital injections were to come from various sources, Private Placements, IPOs, bonds, mergers, acquisitions, etc. But do you know what happened?

After the exercise, some banks made it (25 of them) and others couldn't. Today 3 of these banks have gone under and had to be acquired by the government. 5 of these banks were given lifelines by the banks. Others had to make huge provision for large non-performing loans. These loans were latter acquired by AMCON. Remember also that crude oil prices went down as it is today. The Capital Market was bailed out with about N30 billion. About N8.6 trillion naira was lost between 2007 - 2010 and Soludo was the Chief Banker from 2004 - 2009. You know what that meant, reckless abandon, little or no supervision, bad policy planning post consolidation exercise and poor risk management.

Under Soludo's watch, banks gave out loans to their staff to buy the bank's shares. You know what that did, it jerked the share price of the banks causing the banks to be overpriced. So many insider dealings I do not want to going into. All these under Soludo's watch! You know what it cost us as a nation?

Coming to your debt, it is very normal and healthy to take loans. What matters is what you do with it. There are so many factors to consider before taking loans. Such as the GDP, income generation, needs appraisal, etc. So if a loan can be obtained to build rail tracks from the North to the South of Nigeria, buy trains to convey people and goods along this corridor, after which deductions will be made for gradual payment of the loan, then there's absolutely nothing wrong with it.

We borrow for many reasons - no ready cash or easily convertible asset, to meet a need, etc. I believe I've given you some lectures to ruminate. Please read carefully, make your research before coming here to counter me.

Thanks and cheers!

You guys keep making uninformed utterances just to support a misguided govt.
One question...those banks rescued by AMCON;cud they have been rescued by their shareholders?..wat stops Sanusi from asking the shareholders to recapitalize tru right-issue?why did sanusi have to create unnecessary panic in the industry knowing wat that cud result to?I know a bank own by northerners that was never as strong as any of tge five,why didn't tge same hammer fall on it?you will need to do more to defend your lose ends..an if u are looking for wu to throw insult at,as u stated earlier,plz don't bother replying

kaboninc:
Lol!

If I had wanted to BASH you, I would have!

No bro. Revaluation of the naira does not necessarily means increase in value. In fact the most important factor is a STRONG ECONOMY, an economy that is LESS IMPORTED ORIENTED! When we have a TRADE SURPLUS that's in OUR favour. Can you compare the economic activity between Soludo's time and Now? In Soludo's time, we imported about $1.6 billion (or close to it) worth of rice. That's a strong pressure on our naira. But today, that's about $700 million (about 56% reduction in export bills on rice alone and the balance has been CHANNELED into our economy to boost LOCAL RICE PRODUCTION, thus STRENGTHENING our NATIONAL ECONOMY)

Our major source of income as a nation is from CRUDE OIL. But as you can see, the shock in a sharp or consistent decline of your major source of income can have a devastating reverberating effect on the economy. Its common business sense. You don't put all your eggs in one basket but spread in different baskets because the higher the number of baskets, the probability that ALL will fall someday becomes smaller! Hence the drive for diversification.

Secondly, the Government did not just wake up one day to 'devalue' the naira. The current realities were responsible. There are so many things involved and it was in the best interest for the economy that the CBN had to act that way. Dwindling oil prices, election frenzy, abuse, round tripping, speculative trading, all contributed and CBN had to use its own Reserve to sustain imports at the detriment of the economy.

I had asked a question before, GHANA revalued their currency, why not check what's up with them?

Story story..wat was our debt profile during SOLUDO's tenure compare to present?ur president is emptying our reserve both foreign an local all in the name of elections,subsidy allocations are going up,at a time wen crude oil prices are falling allfor elections?
..an bad as u tink Ghana's currency is,its still better an stronger than naira or not?..so just leave Ghana out it,can u compare Nigeria's per capita to Ghana's?wat theory are u postulating?revaluation doesn't mean increase in value are u seriously kidding me,wat school of tot is that?

asala1:
At least today them no go wash toilet. 10 hours money go enter pocket, way to go sharp brothers!

Imagine toilet cleaners that shud be channeling their anger an frustration at a clueless,election rigging,corrupt President,now they have seen a liberator,they still want be slaves to the whiteman

In the words of my grandmother "dem never grind beans finish,Akara don de sell"...pdp rented crowd no go let Buhari drink water drop cup,fear don catch den finish.

JONA lookin for votes at every corner of the earth..in mosques,churches,hospitals,birthday parties,weddings,naming ceremonies,child dedications,ogboni fratanity,Okija shrine...soon he will head to a cemetery all in pursuit of votes,desperate time calling for desperate measures!

kaboninc:
This is a fragment of your post:



So you didn't mention "revalueing" in the first place but am sure you meant "devalueing"!

But in case you don't mean any of the above, at least you've learnt one or two things!

Shalom!

Common dude..u mean u didn't see were I stated that if SOLUDO was allowed to mek #20 naira note the highest denomination,it wud have increase the value of naira?..an is that not revaluation?..an am saying that the same govt. Has turned around to devalue the same naira,or isn't that a "policy-saumersault"? So I don't get your quoting me out of context...do u read before u comment or u only interested in bashing?

kaboninc:
Another FALSE news 'spreader' on the LOOSE!

Soludo NEVER thought of DEVALUING the Naira but RESTRUCTURING the Naira.

Take a CUE from one of the countries that RESTRUCTURED their currency. E.G. [size=16pt]GHANA[/size]

Do you know what's happening to the CEDI?

Are u mistaking me for someone else,did u here me talk about SOLUDO devalueing the naira or "revalueing" or you don't see the difference?

Shame of a nation! Wasting money on millitary warheads,when we shud be building the same locally.
If this country had rallied on the biafran weapon technological prowess right after the civil war,by now we be talking about arms exportation an not importation,but politics and nepotism won't allow that.
Defense DICONs of other nations are Building arms for exports ,ours can only manufacture "salt" known as union DICON salt.

agabaI23:
I think you are wrong. Madueke warned in 2013

http://www.thisdaylive.com/articles/opec-warns-us-shale-boom-set-to-erode-crude-oil-demand/153046/

They anticipated it. They worked towards diversification.

I was with a group of youngsters this morning and I asked if they anything about the price of rice throughout December and they said, it did not changed in December as was the case in past.
God bless Adesina, God bless GEJ
Adesina

Agroup of young stars from were kwa?from which planet?u didn't enquire from market women,na young stars or stout u Dey ask?u for ask Babalawo

The same ppl that accused SOLUDO of mismanagement are now devalueing the naira?the same currency that SOLUDO wanted to make 20naira,the highest denomination,that wud have greatly increase the value of naira,but some Abokis in the national assembly refused,so as not to deny their beuro de exchange brothers daily fraud

menix:
Have u seen d video?

If I haven't,I wouldn't have commented

menix:
Chaii!!! Mbaka Y??
Sure d guy made som real sense..

The guy is a clown..another Alaba magic
Is he saying that Mbaka has not right or interest to speak about politics..is he not a Nigerian

Nigerian boxing champion ...which champion Of wat na"with his Bendel insurance" I beg

Binb:
@op you want to count individual converts from Islam to Christianity? Ok lets count former Christian countries: Turkey, Egypt , Syria, Palestine.....

Those where absolutely not conversion,those were coercion and intimidation by jihadist and terrorist

Humans always looking for wat is not lost,wen he gets old and the white beards start coming,he wu look for sometin else (a cream maybe) to darken them.
Remember looking an doing everything possible to get beards as a teenager,now am an adult and am praying an fasting that the tin wud vanish from my face...LIFE!

I use to tink that eating out was more expensive as a bachelor but recently I come to understand that it is actually cheaper...I mean,we don't always put time into consideration..the time to prepare the food shud as well be quantified as money..an other tinz not been equal,make eatin out a far better option

InvertedHammer:
/
That Linda dated him (a very much older man aka Aristo) tells a lot about Linda.

Don't forget that part. Linda should celebrate her success but in no way should she make it sound that she zipped up, worked hard and made it as an ex-model in Nigeria.

\

Do u know wat u talkin about?...is Linda a baby?...wat is the age difference between them?

Lie dey smell..
If I may add,why shud we have a single term of seven years?...why not a single term of five years..y not even a single term of four years."longer throat"president! For six years your hands have been tied,resulting to clueless leadership,if we now add one year,u wud now perform magic

Men !the kind of "stereotype" I see on Nland makes me worry about the future of this country
how do you u categorize a whole tribe of 30million pple or there about an just make a sweeping and unguarded comment.who ever choses not to marry from another tribe is a personal decision an not a tribal decision,...human beings behaviors are totally based on individuals background an nothing to do with tribal inclinations.

Nightmares are beyond one's replay of daytime activities,wen you dream,you are inbetween life and death,your wife's concerns are genuine.it has nothing to do with the time she sleeps or how she sleeps(heard someone saying that she sleeping face up may be the reason)...first,your wife needs to "allocate her place in Christ" Bible says "the earth is the lord's and it's fullness there of Psalm24",that means watever position of the bed she choses to sleep(face-up,face-down,face-wall,east,west,north,south)all belongs to God,she has to declear that for herself.belif it or not,tins like this helps you to build your spiritual muscles..and god gives the hardest battle to his strongest army,not weaklings.
Then if that doesn't work..it means she has failed to be a king ang a priest and to have dominion...meaning the enemy has got the upper hand,then you can relocate.