₦airaland Forum

FarahAideed:
Oga You don't have the brain grade to process this so just rest

Even from you comment I smell low IQ and I am allergic it it .. The fact that you even support this character below says alot about your state of mind ..

https://www.youtube.com/watch?v=n1Y18fwd7Tw&feature=youtu.be

Your ignorance makes me sick.

No wonder we are still a third world country.

My Low IQ is off no concern to you - don’t make me brag here. Lol

FarahAideed:
When we say Buhari is an unrepentant stark idiot we know what we are saying , that man has no business being near leadership because he lacks the short term and long term thought processes requisite to drive visionary leadership , after his poor implementation of TSA failed to sink our banks after destabilizing them this wicked Dullard is once again engaging in satanic speculation capable of sinking our banks again...God punish anybody planning to vote this man even as a joke ...

How did TSA sink our banks. Are banks supposed to be engaging in illegal activities.

Who gives banks free money, if they truly collected billions from the cbn then they have an obligation to return it with interest.

timota:
Every member of my family can produce their o level certificate without hiring 15 lawyers to help him unlike bihari who cannot provide o level and has been achieving everything through fraud

You still don’t get it.
I went to unilag. No one cares about my waec result.

It’s only ignorant losers that keep worrying about this great man’s waec result

timota:
what of buhari who is a primary six holder yet to register for waec,Buhari who is an illiterate should come debate with Atiku.

A simple question.

Has any member of your whole family achieved 10% of what general Buhari has achieved in his life.

Have you read his profile - this was a man who lead a whole battalion at the mere age of 20.

In January 1963, at age 20, Buhari was commissioned a second lieutenant and appointed Platoon Commander of the Second Infantry Battalion in Abeokuta, Nigeria.

From November 1963 to January 1964, Buhari attended the Platoon Commanders' Course at the Nigerian Military Training College, Kaduna.

In 1964, he facilitated his military training by attending the Mechanical Transport Officer's Course at the Army Mechanical Transport School in Borden, United Kingdom.

Politics aside — this is no mere achievement.

timota:
U can only compare a presidential candidate to another and vice presidential candidate to vice so compare osinbajo to peter obi

You judge people on their antecedents - on what we know about them.

If you go for a job interview, your CV would be reviewed carefully - speculation has no place in the professional world.

Atiku was once a VP. So we will judge him on that, so let him debate Prof Osinbajo —I mean here are levels -

a diploma holder vs a prof.

Money cannot buy character.

timota:
Mr man don't fool urself next time compare Atiku with the dullard not the vice.

Lol

We are comparing VP to VP

Diploma in law to prof of law

the difference between atiku and osinbajo is clear as day and light ---atiku never went around the country trying to help the masses instead he sat on his ass in asokoro building his fortune.

now as a typical opportunist he reacts to everything.

lets look at the flip side
a nigerian senator earns a minimum of 20m naira a month while a south african parliamentarian earns R86,120 a month --do the conversion then you will know who to blame for nigerias woes.

grandstar:
Read the report again

The 2nd to the last paragraph is exactly what I spoke about. Buhari changed the floating exchange rate policy he inherited and used a pegged exchange rate system instead. It was a recipe for disaster.

The article called it a CBN policy but rather a Buhari policy as it coincided with his assumption of office. It is reminiscent of his lamentable economic policies of his first stint in power in 1983-1985.

Countries have fled pegged exchange rates or tight bands to the dollar or other currencies starting with crisis in the Mexico in 1994, Thailand, Malaysia and Indonesia in 1997, Russia in 1998, Brazil in 1999 and Argentina in 2001.

Why the average Joe does not like a floating exchange rate is because if there’s an influx of forex, the currency firms up but if there is an outflow, they don’t want to accept reality that the currency will depreciate. The sooner you accept market reality, the better

You worsen matters when you now start using amateurish means such as import bans and forex rationing, the sort of methods Statist like Buhari prefer.

A floating exchange rate helps create an equilibrium As your currency depreciates, due to declining influx of dollars, this makes imports more expensive and makes exports more competitive and more attractive to businessmen

Of course, it can be frightening when forex declines happens rapidly like it did from 2014-2015 but it is futile fighting the market and thinking you’ll win. The Swiss central bank spent $30b in a futile attempt to prevent the Swiss Franc from revaluing but eventually threw in the towel

From mid 2014, the Naira starting falling from 150 to 200 to $1 by May 2015 when Jonathan left office due to fast decline in crude oil price. Emefiele allowed market realities to take place Despite the decline in forex inflows, there was no report of forex shortages.

Buhari thought exchange rate was fixed by the air and you can just give it any rate and it will stick! That’s why people doubt he has a certificate! I can’t blame them. Worse, he won’t take correction

Despite fixing the rate at 197 because the CBN, could not defend the rate which is a pre-requisite of any exchange rate you choose to have (what does Buhari know), buyers started to switch to the black market when government supply was not enough. This quickly led to a fast widening spread between the official rate and parallel rate

During Soludo and Sanusi’s tenures at the CBN, they did their best to keep the difference between the official rate and parallel rate at no more than 3%. At times it was probably less than 2%.

As the CBN couldn’t meet demand, the spread started getting out of hand. First, for the first time in decades, Letters of Credit issued here were not backed with enough forex and local banks could not meet the foreign exchange obligations with their partner overseas banks. This was scandalous.

The spread at one time hit 360 while the official rate while the official rate stayed at 197 creating a round-trippers heaven.

I am not an expert at monetary policies but one point that was glaringly obvious was the fact that we didnt have enough money to defend the naira.

So the question is , why were we defending a currency that should have been allowed to be controlled by market forces - why were we creating an articificial exchange rate.

I believe the main issue - as highlighted in the report was the reckless way we spent our money - in the time of boom we didn’t save enough.so when a crisis happened we were left exposed.

We produce only one product and that is oil - our economy needs to be diversified so we would not be vuberable again

grandstar:
I'm apolitical to start with.

Why do you guys support Buhari? The Naira dropped from 200 to 360 under him.

He's irresponsible pegging of the Naira to the dollar at 197 upon assumption of office plunged the economy into a very severe recession which led to the destruction of millions of jobs.

Utomi, Rewane, Soludo, Sanusi and a host of others condemned his Statist economic policies. The organized private sector also lampooned his policies.

Just Google, "Sanusi condemns Buhari's economic policies" and sees what comes up.

Buhari is a man I see as very honest and principled. Unfortunately, his understanding of economics is very dreadful and managerial competence very lacking.

I wrote off the economy when he pegged the Naira upon assumption of office. Another term will be a lost decade of growth(when you include his first term). Investors,are jittery

https://qz.com/africa/564513/a-not-so-brief-history-of-the-fall-and-fall-of-the-nigerian-naira/

read and understand how we got to this mess.

I really think this is IS and not just BH. We need help from the US this time

There are US personal around Mali and they have been there for a while for this very reason

IS have always looked at Africa as a soft target.

BrutusOj:
I wonder why some people dont like this Dino guy, he is just too vocal and bold for my liking. Amaechi couldnt stop agreeing with him with his body language

the moment you ask dino how much he earns a month then his boldness would disappear ---he is a paperweight -all talk with no substance

congrats to those young ladies ---the real role models to their peers.

this should be front page news ,and what is amazing is that these are kids from public schools.

I think his wife 'madam peace' got someone to write that book..we all no jonadrunk is incapable of making any decision.

Shookonekilla:
[s][/s]

SHUT UP

Thief

APC Tout, spreading lies and propaganda

You are not honest, fake propaganda railway project build with substandard parts and a seriously overbloated budget

Lol.

Is that the best you can do

Come February when your Slave master is crushed , decimated, ruined, disgraced and finally sent back to Dubai how would you feel.

Let me guess - devastated. But not to worry drink some codeine and coke. Then smoke more of your crack cocaine.

Then finally leave the SW ——lol.

The man confessed - 16yrs of pdp federal government was a mess. Let’s be clear federal government

Atithief represents everything that is rotten about our country - people who lack basic honesty and character

Ask him a simple question - how much did you earn last year

And guess what - he will lie

Shookonekilla:
[s][/s]

Shut up !

Thief !

What has APC done but pauperize the people

I am not a thief,yahoo boy or criminal.

I have never worked for the customs - which is the breeder of the most corrupt people in this country.

I can see the Lagos Ibadan railway line being implemented.

I am witness to the improvement in our airports - Lagos international airport is a great example

I am witness to the railway lines completed in Abuja and kaduna

All this was done with less money than the coooked pdp leaders - jonadrunk being one of them

Let’s not forget the mysterious $16bn dollars that produced the magical invincible light.

People like jonadrunk and athithief should be rotting in prison in a sane society- but alas, Nigeria is not a normal country

myettiallah:
stupidity at its peak..
So its only Jonathan that ruled for 16years abi...
Keep fooling ur self

well,

what happened to the money made during jonadrunk's era.

let's not forget his lovely wife
and his girlfriend -the famous oil minister

this foolish man could not even pay salaries

jayson87:
Obviously you are blind if you didn't see any infrastructure. Arrant nonesense. better go nd vote Atiku! Olodo

lol..olodo --at least I didnt get a diploma in law..

only a fraudster 419 yahoo yahoo crook would even contemplate vote for scum like athithief

Implementing is what is important

Jonadrunk introduced many thinks but could not complete anything.

Buhari is completed then all. Roads, railways, single bank account, tax reform.


Under jonadrunk oil wa sold for over $100 a barrel - yet our savings went down with no visible infrastructure


This drunk even borrowed money to pay salaries

16yrs of pdp ====== no light, no water, no good roads, no railways, no good airports

Only madam peace becoming a billionaire

Oil minister becoming a billionaire

While the country was ruined by a drunkard

gare:
Does the treatment include face surgery, because there will be a big scare on that face, they have turned that guys face to a nightmare

That looks like criminal proceedings going on. For personal damages he will need to file a civil case. But I may wrong

But the guy definitely needs plastic surgery or else he will be scared for life.

But why didn’t jonathan build the Niger bridge.

NigeriaIsDoomed:
Waste of time, Atiku will do it. He should take his lifelessness to that useless daura

When atiku was VP he built his own university instead of fixing the public ones


He has no time for the masses.

they obviously do not trust athithief..

wasnt it ike that was complaining that atiku promised him VP.

Pdp supporters get ready to wail.

Kwara — saraki is wailing
Bauchi. Dogara can’t even wail

Lol.

Bolustical:
A chronic looter wishing another spineless looter happy birthday

One sold NITEL, then refused to pay the workers their entitlements,

The other conducted immigration recruitment, charged over 500,000 poor job seeker 1k each only to get them killed

History never forgets.

Don’t mind them. Pdp of looters.

MrAJQ:
PDP are bunch of tale evil fabricators, they hate the little the poor are getting from the government.

They hate N-Power, they hate TradeMoni, they hate school feeding program, they hate Abacha loots been returned to the poor masses, they hate pensioners been paid, they revival of railways, they hate one Nigeria. they want Biafra, they hate Boko haram been defeated.

And they want us to vote for them, meanwhile I reject it in Jesus name.
I reject in the name of almighty Allah

thanks ...I traveled out of the country recently using MMA -it was very pretty,never had a I seen any of our airports in such great shape..

Buhari is surely working..

sai baba.....

A simple question --as VP for 8yrs what did he do

atiku is smart ,he knows there are many lazy,ignorant nigerians looking for an easy way out -easy money , but unfortunately for him

case in point -ekiti,osun,kwara,katsina,bauchi -atiku would get a royal walloping, and hoping we will have a good working nass -not one that would sabotage critical roads like the lagos ibadan expressway.

Her ranting doesn’t make sense - didn’t they court before getting married, she must have known his financial status before they got married.

And how he lasts in bed should not come as a surprise since she wasn’t married as a virgin.

charity begins at home --why not advocate for a lower pay for NASS members,then you can get involved in other peoples affairs.