₦airaland Forum

If trump invade Nigeria. Nigeria will divide.

Biden is Obama boy.

Obama brought the APC government which Biden doesn't want to get involved in.

Storyofmylife:
bro, if you sum it up, won't it exceed 3k?

that what I did said now. Pap is rich man food right now. Except poor man take it without milk.

rezzy:
Start cooking at home. But if you are a light eater, you can buy food
Eating 2 times a day as an adult is fine

What I see people do here,

They buy koko(pap) and akara as breakfast, then buy amala as lunch, then rice as dinner

to eat akara and pap cost way higher oh.budget 2k. Ok akara 200 naira you will need 5 of it. Then milk is not cheap.

Milk is costly now. That just what I had now.

Plate of food here is from 2500 to 3000. If you eat twice thats 5k. You haven’t added snacks and beverages or beer.

The lowest of lol restaurants sells from 1500 a place and trust me you don’t want to go there.

To cook indomie is more than 1500. If you want to add tomatoes, onions and peppers. That includes oil and eggs

I want to control my spending especially betting and unplanned expenses. I was looking at certain bank app that can pay 5k daily and 25k weekly limit. Irrespective of whatever amount you put in there.

The fact you cant afford sniper only means you aren’t ready yet.

It cost alot to even think or attempt to get rid of them. They already settled and established in your house which makes it harder. In a case when they just get in a you detect immediately after first or second bites. You can use proactive measures to eradicate. But right now they have settled and might move out to the next apartment which worsens the all process.

But carbrator cleaner. Around 2k each. Use it for wooden edges and cracks on wall. Remove rug or carpet because I believe you live in that kind house.

Mix klin in hot water and use it to bath the house. Use similar water to wash all clothes, shoes, curtains and bed sheets. The foam use hair dryer to heat every parts and corners.

After everything repaint the house and celling and unsure they use water cement to cover every holes and gaps on ceilings and walls. Majority of them like to stay near food source, but some prefer stay far. They only come for flood meal and go back.

All these cost money for you that can’t afford sniper.

warning, this advice is not 100% proofs to eliminate them all. It might help though.

Remember us have two party. Not a one party like Nigeria is turning itself into. They will return to the other party in due time

Why the north always threatening for war? When it start they will start crying like gazas and calling for middle east and international community for help

jidemosaic:
If you get money, I get am and I go run am for you. Including auto import of cities, state and categories.

, how much for the script

I will run it installation myself

I need the genuine olx script ?

How many of o una create Nigeria? The British forge Nigeria out from the blue without the people permission it was forced on all of us. If you talk about unity and sovereignty ask yourself if we are genuinely one

You guys destroying people property in lagos and sending others back to their state have fanally find a voice for one Nigeria. Ask yourself is there a unity among Nigerians? It was only a Britain experiment that have failed and keep falling over and over the years.

truthera:
How does this help Nigeria, so you want US to forcefully setup military in another sovereign country? Are you not ashamed?

to many Nigeria have not gotten any independent yet. The colonial only change hand to another wicked set of people who lounder and destroy the economy. Go to the street Nigerians are in support of the invasion. The the House is divided and crashed what do you expect. Let everyone go there separate ways

Like it or not America is planting military base in Nigeria thus time

India inflation rate from 1947

Mow compare that to Nigeria inflation

press9jatv:
Christians are the most hit and that's where America forces will start the attacks on. Everything has been mapped out. Trump talking isn't talking for entertainment, much forces are involved too.

europe and the uk are involved. Nigeria need a reset because people are tired already

What mineral resources does Nigeria possess compared to other countries? Apart from crude oil what there is again?

Nigeria is overdue for divides. The southern Nigerian is marginalized. The middle belt is only part of the north for politics.

DeepSight:
:


:
Understandable but perhaps you both don't also understand that in a largely informal economy (well, the street economy, let me say) prices of commodities in the regular markets tend to coalesce around available denominations.

Redenomination will be better.

you are still saying the same thing. Inflation is normal thing for every economy. There is no economy or currency on earth that doesn’t suffer inflation.


Higher denomination or redenomination are the sanctions thing in economics.

You remove some zero to existing notes and issues a new higher denomination. If buy your claim the market will still request the highest denomination.

Nigeria is not working and needs to be look into or desolved

Nigeria needs it.

Don’t buy those car they are lemon. During the fuel subsidy removal. All these car flooded the market and on the road. But today they have all disappeared. Any car you no longer see like that on the road. Just avoid them. It happens for a reason .

If you can’t afford fuel. It means you are not yet ready to own a car

India inflation rate from 1947 (compare it to Nigeria inflation )

Even people from Europe are denied entry. Not to talk of Africa.

Western parents are disconnected with their children.

Thats why I advise people to plan for their selves rather than depending on children. People have problems to face in their life. This doesn’t mean the man children are poor and suffering. For the age dad to do that it means the children are doing fine.

The person thats closer to him when he is old. Means the cleaner was doing a good job. Otherwise he wouldn’t have done that

inyass2580:
Na musicians dis one go pay most

10k bundle in 100 places na big money

And for a common man to get hold of dt 10k in 3 pieces dts 30k wil come with lot of stress and all sort of dirty and nard job…. 1000 will now be 50 for buscuit.. so imagine buyin a biscuit for 500 because as 5000 or 10000 dn dy
100, 200 will be useless

Jst 500 , 1000 will still be in circulation…. Dis is a wrong move because Nigeria is indeed a Zoo

where you wan see the bundle. There is already limit of cash that can be withdrawn per day

yemmit90:
What do you know about economic? Perhaps absolutely nothing.

It will totally eroded the value of money. Every manufacturer will be targeting the price of their good in a ratio to higher denomination. Spending habit will change, and servive charge will surge. 1k will look like 100 naira in value, people will see it as a waste of space in their wallets, and you cant easily convince people with it but high denomination.

what do you know? 1000 naira is not the cause of inflation in Nigeria. Ibb and abacha kill Nigeria economy with massive inflation. When obj came he address that with 100, 200, 500 and 1000.

b5ive:
Do you know how much naira jas been devalueld since Obj's regimei?

Do you know the implications of having higher denominations in circulation within a weak economy like Nigeria?

Have you try drawing references from the experiences from other nations who adopted such an economic suicide?

Looting amongst our ruling class will become a bragging right cos billions can be looted within a few notes of the new denominations (10k, 20k)

The naira will eventually be so useless that you would need a truck or wheelbarrow to carry ypur money just to buy few items in the market.


Be careful what you wish for.........

bank already have a cap on the naira note that can be withdrawn. From babk or pos. So Where would they get the note to loot? If they are already looting the naira as it is now.. what difference would that make?

Kayberg:
Just asking, what economic policy is behind having the power to devalue the currency, but must require some 'thing' to strengthen it again?

if you have 30 billion in circulation the highest denomination is 1000 notes. You can’t even use withdraw half of the notes and destroyed it. Then introduce higher denomination of half the currency 15bllion. You now have fewer note in circulation with more value.

What causes inflation is having excess money. And Not higher denomination. You can’t even use hardly buy anything useful with 1k notes and destroyed as of today.

Kayberg:
Experts in the house… what's your take on this?
Because this will be a total Inflation. The same happened with Zimbabwe, that their currency has become almost useless that they now request only the US Dollars for transactions.

it’s not what caused the inflation. The face inflation for western sanctions the sanctions with Venezuela. Ghana face inflation too and they add 10k notes. Inflation is why they print higher denomination because it pointless to print valueless currency like we are doing today

It’s long overdue. I would suggest 5000 and 10000 for a start. After a years or 2 we can add 20000.

More of 5k then fewer 10k. and make 20k very scares to see.

When obj introduce 1000 the value today would be like 30-40k. People shouted then. Because it almost amounts to 10$ at the time. Considering dollars also devalued too.

If you give anyone 1k then they will look it in the sun or through touch light just to tell you of it value as at then. But not anymore today.

The only alternative is to redenominate the naira by removing 2 zero or bring higher denomination. If you withdrew 100k in the market. You can’t even use it to buy anything tangible which shouldn’t be.

In fact it should have been done last year.

Higher denomination doesn’t translate to more money in circulation. It only means money in circulation is compressed and scares to see around.

In response to people saying it will cause inflation like zimbabwe
it’s not what caused the inflation there. They face inflation by western sanctions. Same sanctions with Venezuela. Ghana face inflation too and they add 10k notes then. Inflation is why they print higher denomination because it pointless to print valueless currency like we are doing today. They print higher denomination to counter the inflation. Not the higher denomination that cause the inflation. If 20 billion is in circulation and you mob it up with higher denomination with the same 20billion it won’t cause inflation. Alternative is to remove some zero from the currency.

Obj add the option to remove some zero but the senate rejected it. So they introduced higher denomination.

All the testing here and there is just panic mode and trying to deter other and scare them.

If you are not panicking you wont be testing weapons and announcing it when war is coming