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Nairaland Forum / Faithin9ja's Profile / Faithin9ja's Posts
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Business / Re: Any Nigerian Site Like Ebay? by faithin9ja: 7:15pm On Jan 05, 2013 |
babaearly: I have access to very large data on great money making products that will be helpful to nigerians, but i'm confused on where to sell them online. is there any busy site like ebay for nigerians where i can sell them? www. |
Politics / Re: Major Projects Under Construction In Nigeria (pics) by faithin9ja: 7:10pm On Jan 05, 2013 |
GenBuhari: [b][size=18pt]It is always nice to see projects under construction. What is use of building malls ( which are often built by individuals who have looted our treasury)when the basics amenities are not in place: Substandard electricity substandard water substandard transport system substandard roads substandard security substandard education substandard health service[/b] [/size][/b] Because the sons and daughters of those people in the village are already getting jobs in Palms in Lekki, Ikeja Mall, Enugu Mall and other so-called elite only projects. Just like the immigrants who work in Wal Mart, etc |
Travel / Re: Pictures From Dana Air Inaugural Flight by faithin9ja: 5:24pm On Jan 05, 2013 |
Omo_Tier1:[color=#006600][/color] Bang on point, please read and rationalise...... |
Politics / Re: Occupy Nigeria - One Year Later by faithin9ja: 3:43pm On Dec 26, 2012 |
Posters like 'Beaf' of blessed memory advocated remove subsidy, let's pay the market value for fuel, nairalanders wanted to kill him, now we have fuel shortage, we pay N120 per litre and the govt is still owing billions to importers - what have we gained from 'occupy nigeria'? 3 Likes |
Politics / Re: FG Bans Foreign Cars For Ministries, Departments And Agencies by faithin9ja: 6:18pm On Dec 21, 2012 |
What utter rubbish. OBJ as military head of state forced all MDA then to buy Nigerian produced cars, hence PAN (Kaduna) and VWON (Badagry Expressway) could survive. The first sign of economic reality under IBB everybody including MDA's starting buying 'tokunbo' cars from Europe. This is a stupid policy trying to manipulate a market. Why do Nigerian politicians always think they can change a market forces and we the gullible public always fall for it (just like the fuel-subsidy fiasco). If it even works it will mean MDA's will be buying sub-standard vehicles at very high prices. Those students of economics will remember the basic Adam Smith policy on comparitive advantage. Nigeria has no business in trying re-invent the wheel. We have no business trying to build and sell vehicles to ourselves. Watch the chinese, they specialized on cheap simple manufactured products like toys, cheap radios, made millions of these things, made milions of dollars then started investing in motor vehicles including buying complete motor companies abroad. The chinese bought Rover from the UK for example. Instead of fooling ourselves by 'assemblying vehicles in Nigeria like PAN and INNOSON why cant we specialise in making even just spark plugs which we will export around the world or better still tyres using the rubber from our plantations (if we have any plantations left). Do the math; a company that makes 10 million spark plugs a year and INNOSON with their CKD buses - which company will make more money? |
Career / Re: 8 Ways Your Résumé Can Be Unprofessional by faithin9ja: 1:01pm On Dec 12, 2012 |
yorke1: Using spouse or sibling as reference: Just because you want someone to put you in the best light possible, using your spouse or sibling as a reference is a far cry from professionalism. A preferred reference would be your former employer, your mentor, head(s) of department in the school(s) you attended A close relative should never be reference, afterall 'monkey no fine but im Mama like am'. be totally disagreeing there oh! 3 Likes |
Politics / Re: Lagos Unveils Alternative Road For Lekki-epe Toll Plaza by faithin9ja: 2:44pm On Dec 06, 2012 |
olumidazz: Pls where is the alternate road I just drove past this place 2 minutes ago, there was no indication or sign of any alternate road. You must be blind, you should not be driving, you are a danger to other road users. Big signboard clearly before you get to exit to Shoprite/ 4 Seasons Sheraton - 'Alternative Route. Been there for over 3 months. Notice by big font for your poor eyes. |
Business / Re: Agege Bread Takes London By Surprise by faithin9ja: 2:38pm On Dec 06, 2012 |
basher: He is Yoruba, see my previous post. I know him personally. |
Business / Re: Agege Bread Takes London By Surprise by faithin9ja: 2:18pm On Dec 06, 2012 |
alishachris': Actually he is Yoruba, he initially had a barber shop with the bakery at the back before a few years ago he closed down the barber shop and changed the whole premises to the bakery and a take a way food shop at the front. The onwner went through a lot of personal struggles years ago when he first started, Kudos to him. by the way Igbo, Yoruba menas nothing in UK 4 Likes |
Politics / Re: Federal Character Breeds Mediocrity - Sanusi by faithin9ja: 10:09am On Dec 06, 2012 |
dreday: SLS can speak sense? I'm amazed. If only he could be so honest on the fuel subsidy debacle. Federal character is crap SLS has been speaking the truth on subsidy only most Nigerians wish to believe in fairy tales. Where in the world does any trader sell his goods for less than he bought them and expect somebody else to pay the difference, a recipe for disaster. But as day dreamers we feel the system will work in Nigeria. 2 Likes |
Religion / Ogaga Ifowodo Responds To His Critics: Mog's & Jets by faithin9ja: 7:26pm On Dec 04, 2012 |
A RESPONSE TO SOME READERS OF MY OP-ED: GOD’S PRIVATE JETS AND LIMOUSINES[color=#006600][/color] culled from Ogaga's facebook page 1 Like |
Foreign Affairs / Re: Who's Greater - Mugabe (Who Took His Peoples Land Back) Or Mandela (Who Didn't) by faithin9ja: 9:30am On Nov 24, 2012 |
GenBuhari: I started losing respect for Mandela when he divorced his wife within months of his release from prison. A woman who waited 27 years for him. Apart from the fact it was over 2 years after his release, what about the affairs Winnie was having openly and the violence and murder her football supporters club was perpetrating against other black youth? |
Politics / Re: Ifeanyi Ubah's Assets Frozen Worldwide by faithin9ja: 9:46am On Nov 15, 2012 |
Lexusgs430: Dat na Brixton/Tottenham High Rd immigration and legal aid lawyers, for top end commercial City Law frims - the type that handle these sort of cases - starting is £600 per hour 1 Like |
Politics / Re: Ifeanyi Ubah's Assets Frozen Worldwide by faithin9ja: 9:40am On Nov 15, 2012 |
ITbomb: Who knows how much a lawyer is hired in UK. Good commercial lawyer; £600 per hour, if you think am kidding, google it. |
Politics / Re: POWER DISTRIBUTION: We Won’t Allow Firm To Operate -Edo, Ekiti, Delta Govtss by faithin9ja: 8:20am On Oct 19, 2012 |
take dat: These states have invested largely in power generation and transmission unlike Vigeo who is an untested new entrant. I believe that the state government joint consortium would have been better. I simply don't trust some of these investors But you trust state governments? |
Politics / Re: POWER DISTRIBUTION: We Won’t Allow Firm To Operate -Edo, Ekiti, Delta Govtss by faithin9ja: 8:16am On Oct 19, 2012 |
Didn't Ibori use Delta State funds to illegally purchase shares in Econet? Those who are old enough, do you remember Midwest/Bendel State Rural Electricity Board (REB)? Both State and Federal government should hands off Electricity and any other type of business. If they want to regulate certain standards within usual laws alright, but to block private companies - no way. All this rubbish about the DISCO being too small, how many teleco customers did GLO have before they started? 2 Likes |
Crime / Re: Uniport Killings: Suspects Charged With Conspiracy, Murder by faithin9ja: 10:17am On Oct 18, 2012 |
fapcrook: good point they shd die slowly in prison and then executed in public My friend, this is the problem - public excuetion is the very thing that causes public lynchings in the country. If the state (Nigeria) feels public excustion is good, why won't the public carry out their own public excuetion when the state fails them. Please we cannot condone any type of public excuetion. Any type of death sentence is a bad enough sentence in itself - can you imagine lying down on table waiting for a doctor to give you a lethal injection from which you will never wake up? is that any worse than firing squad. |
Politics / Re: Varsity Student who Made $17M From Yahoo Scams, Others Arrested by faithin9ja: 1:20am On Oct 07, 2012 |
Ricky_Ross: My friend even you said it; in Ghana some greedy victim was about to pay $5m and the banks between Ghana and the victims country went crazy. The $300m fraud took place over a long period of time and involved the fraudsters and victims having a series of meetings all over the world. You say one small pickin for internet cafe suddenly collected 2billion naira into which bank account? His student account? You go and receive 250million naira and see how easy it is |
Health / Re: 8 Easiest Ways To Lose Weight by faithin9ja: 6:02pm On Oct 02, 2012 |
lose a 5th of your wieght in 5 minutes, no excercise, no medication, no diet................... free solution... read below................. Cut off one leg 1 Like |
Gaming / Re: Official NL FIFA 13 Thread by faithin9ja: 5:05pm On Oct 02, 2012 |
get2abbey: Thanks for that, so ensure that its old stock, is there a simple way to check the firmware?, like is it written on the box so I can check before I buy? |
Gaming / Re: Official NL FIFA 13 Thread by faithin9ja: 4:28pm On Oct 02, 2012 |
is it possible to jailbreak a new PS3 ? |
Politics / Re: $1.4B Lagos-ibadan Rail Project Kicks Off by faithin9ja: 9:25am On Sep 17, 2012 |
Kobojunkie: Lagos and Ibadan alone go cost this much? 1000 per trip? Sigh!!! see how you guys peddle false infomation, distance between Ibadan (Dugbe Market) and Lagos (Marina) is 160 kilometres (100 miles) NOT 200 miles 1 Like |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 8:15am On Sep 17, 2012 |
Tony Spike: Show me any Nigerian over the age of 40 years, he or she has no problem using coins as they grew up using coins for all manner of small transactions. Show me a Nigerian under the age of 35, he or she will tell you Nigerian 'do not like coins' because this generation has never used coins. add to this the misconception that larger denominations lead to inflation then you will understand the anti N5000 sentiment. Many people won't remmember using N20 notes to pay a N15,000, this was normal in 1995, N20 was equal to 15pence and N15,000 was like £100, in effect we were paying a £100 bill with 15 pence coins/notes (by the way that was 750 pieces) 1 Like |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 6:43pm On Sep 15, 2012 |
I am impressed by the level of knowledge shown my contributors to this thread. Those that have listed exchange rates and errouneously concluded thhat the fewer of your currency that is exchanged to the dollar - the stronger it is. More enlighten posters have shown that this is obvipusly not the case, otherwise Ghanaian Cedi will be stronger than not only the Naira but also the South African Rand, Japanese Yen and others. If the numbers of 'zeroes' is not the issue then whay is the general public consensus that N5000 note will cause inflation? |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 1:29pm On Sep 15, 2012 |
Gbawe: This is really a very simple issue. Decimal places in a currency is not the indicator of the strength of currency. They are merely numerical expressions. Ghana deliberately redenominated it currency via rounding it down several decimal places to make it more 'wieldy'. What was 10,000 cedis now became 1 cedi. 100,000.00 now became 10 cedis and 1 million cedis now became 100 cedis. This post amongst others is very insightful. It clearly means the naira is stronger than the cedi, yet most Nigerians and those posting on nairaland continue to assert that the naira is weaker than the cedi and the proposed N5000 note will only make the things worse. |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 9:27am On Sep 15, 2012 |
Most Nigerians have the misguided belief that exchange rate to dollar is the only determing factor of strenght of a currency. How on earth will somebody say the Ghanaian Cedi is stronger than the Japanese Yen or South Sudan currency is stronger than Naira. There are many more factors here, am sure others can enlighten us 1 Like 1 Share |
Politics / Re: Nigerians May Start Paying Tax On Every Call Above 100 Naira. by faithin9ja: 9:19am On Sep 15, 2012 |
Don't we already pay tax on every call we make? MTN, Glo, Airtel, etc pay VAT at 5% on all their sales ie our telephone calls and data use, they also pay corporation tax on their profits, profits once again from our calls. So is this organisation proposing another tax for the telecos to pay? |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 9:34pm On Sep 14, 2012 |
Ikengawo: ghana took several zeros off of the cedi years ago, so the figure you're seeing isn't the real value of the cedi. Interesting point. |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 4:15pm On Sep 14, 2012 |
BeraBera: @OP & His Supporter: Is the naira weak? you seem to say it's weak because naira is N160 to $1. but Yen is 78Yen to one dollar and Yen is not weak. Weak meaans value of a currency is falling uncontrollably, sometimes being too strong is bad for an economy (ask the Greeks who are now suffering casue of the strength of the euro or the Chinese who are accussed of keeping currency artificially low to encourage exports) Naira has moved from N145 to the dollar to N160 in over 5 years is this weak? 2 Likes 1 Share |
Business / Re: Nigerian Naira Or Ghanaian Cedi Which Is Stronger? by faithin9ja: 3:42pm On Sep 14, 2012 |
ghettodreamz: I don't know how easy that would be, that's the decision of the Fed. Gov't & CBN to make, precisely it's the agenda of the CBN in monetary stability and creating a sound financial environment, and to act as a banker of last resort and financial adviser to the federal government. But I believe there are many other factors to be considered in Monetary and Fiscal Policies of a country, so I would leave them to doing that. Like I said, there are several other reasons as to why our currency is the worst among the list, even Sudanese currency beats ours badly 1.00 SDG (Sudanese Pound) = 35.7054 NGN (Nigerian Naira), so you can see how bad our currency is, nevertheless I would leave this issue for the financial experts to contribute their own quota on this, but it would do us proud if the government would look into making our currency strong among it's counterparts instead of introducing the new 5k note. I think exchange compared to the dollar is not the most important factor is determining strength of any currency, how can Ghana currency be better or stronger thna the Japanese Yen? How much demand worldwide is there for Ghanaian Cedis compared to worldwide demand for Japanese Yen? For instance if somebody was paying you money for a job you did, which currency would you prefer Dollars, Yen or Cedi's? 1 Like |
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