₦airaland Forum

NIGERIas hydra headed inflation is 30 percent Govt , 30 percent Middlemen and 30 percent retaliatory

Govt Driven inflation : This is caused by poorly thought govt policies or action e.g I just read of. Local govt chairman in Delta state that just woke up to start charging POS agents 5000 naira levy .

Middle man driven inflation : In Nigeria most people that call themselves business men or women or nothing but cut throat middle men that hijack or forcefully plant themselves in supply line of a product and force a needless unfair increase in price just so they make an undeserved profit ...let's take for example I put a Corolla car up for sale at a dealership , I will tell the dealer I want 2m and the Dealer now marks it up to 2.5 million to make profit which is ok , as the car is at the dealer one dude that comes to while away time at the dealers shop will take a picture of the Corolla and place it on social media for 3m and next thing before you know it other people just start charging 3m for that model of corrola and the price never comes down from there again .

Retaliatory inflation : this kind of silly inflation happens as a result of retaliation . A yam seller goes out to buy pure water and finds out the price of pure water has increase , he immediately returns to his yam shop and effects a retaliatory price hike to recover the extra money he spent on pure water and that's how the vicious cycle continues

One day he will perform in the capital of Southern Nigeria

Sede99:
Wizkid is now a superstar

Has always been a superstar before Dababy

Ehyaaa see MannaBBq's phone there

Really Beautiful camouflage livery over A29s have got m.the best I have seen thus...

AllahIsDevil:
Iran has great cosmetic surgeons. It is one of the best spots for cosmetic surgery in the world.

Ohhhhhh ....I would never have thought so

Who goes to Iran to do any surgery sef? This is suicide by IRAN

Two very weak man without honor

Kokaine:
Can I make money out of it. What would you advice I do immediately its out

The presentation we did was with the print and mint not the CBN . I need to even look at this CBN model to really understand what the plot is

Stupid Miyeti Allah lefts the Chat room

A future Koko Zaria Or MC died because of 500 naira..it's so sad he underestimated his potential

Vedaxcool

El Buhari

El Buhari the man that once had a drought named after him is a monumental disaster

So Buharis Bandits are in Bwari forest ?

You are a tragic chapter in the history of Nigeria

Keep decieving yourself OP

Hmmm

It's like the Demon of insecurity just followed Buhari to Nigeria

This story get as e be ...so after rebagging what were dey going to do with it ? Even a blind person will not agree to buy or cook that stuff I saw there

BarrSly:
To think I saw your FTC where you made mention of making a presentation to the Nigerian Mint and Print and I took you serious beats my imagination.

From all you’ve said thus far it shows you know nothing about digital money/blockchain operations.

The e-Naira is a stable coin 1 e-Naira = 1 fiat Naira even the CBN acknowledges this fact so stop deceiving people.

I never said I made presentation to the CBN ..I said to the Nigerian print and mint ...why do y'all like arguing with me here ..Ask yourself why the proposed E naira should be a stable coin when every naira in your bank account is totally digital till you encash ..Wake up .. I could send you a copy of my presentation to the NSPMC but I won't because I actually have nothing to prove to you ... No govt treasurer has any reason to mirror its own currency as a stable coin ...Open your mind man ..Nigerians argue to much .. well I am not surprised after all I spent all day here yesterday arguing about a mysterious Boeing 1707 and 90 percent of comments against me sounded like you are now ... Well keep reading Business day articles while we keep doing ..Good morning

You are borrowing to fund a a mindless Jihad !!!!!

AdemolaA2:
OMG ... what’s this one for Heaven’s sake ? Haba ....we are talking of 90 innocent lives at stake and in danger here and you’re here spewing something else I don’t understand .

Stop being emotional it was foolish to offer Islamic Terrorist 200 million naira for what so ever reason ..they will use it to buy more weapons and kidnap 200 people next

We should never use christian tithe to fund Radical islam ..Any ransome paid to Fulani Bandits funds them to increase the the scope of their kidnap

Cti28:
Taliban is the same thing as Afghan Army.
Just as Nigerian arm forces is the same as Boko Haram .

How on Earth would 85,000 less equiped army defeat 300,0000 well trained and equiped Afghan forces?

Brother na dem

lexy2014:
If d world knows nothing about d "back room deal", how do u no about it? Can u pls give details of d deal?

What vehicles are u saying Biden was supposed to take out of Afghanistan and what have his plans for evacuation got to do with those vehicles?

When and how did Biden leave arms for d Taliban?

Why should d afghan people hold Biden responsible for what is happening in Afghanistan?

Why shouldn't he have announced troop withdrawal? What is d genesis of this troop withdrawal, when did d process start and when was it supposed to end?

Where did d afghan military fit into all this?

You are a typical simp ... I am cock sure you drive a Corolla ..well people like you make the world go round

donbachi:
As planned...i fear who no fear international politics.

100 percent planned

See what the short sightedness of NIGERIANs have caused us alll

FreedomArmy:
This is only happening because the state governors do not have the control of the police. The police commissioner takes order from the IG who is a Fulani man

State Police is the first antidote to these vermins

Hmmmmm

Na wa