₦airaland Forum

DONSMITH123:
Nigeria will recover, what the government need is our support.

okay!


Like the support given by Buhary, Lie Mohammed & APC to the last administration ?

PassingShot:
Nigeria is surely lucky for getting delivered from PDP and GEJ. They messed up our economy.

You are still living in the past my friend, Buhary and APC took over the economy more than six months ago, half-a-year is enough to measure economic growth. What have we seen so far ?

Regression, downsize, hardship, businesses closing up, corporate profitability index graph shifting inward, unfortunately Nigeria is completely sliding into full recession.

Let see the magic from the "Noise Makers"

Taraba Tribunal's judgment is a miscarriage of Justice.

Pavore9:
Personally this is the agitation l want Southern communities to also focus on as the Northerners needs to be constantly reminded that they own majority of the landmass and have no business coming down south for cattle rearing but focus on developing their vast area for their operations.Would love to see when Southerners would break through the stereotyped thinking that diary farming is an exclusive of the North as it is very very feasible to run profitable cattle ranches in the South!

Few of our leaders in the South West are speaking already, except for those in the government of the North.

I expect the political leaders from the South East to rise to the occasion, this cancerous herdsmen but be curtailed.

Interesting...

Pavore9:
The Political will is just not there! The size of the North is over 75% of the entire Country's size and the Fulani elites have refused to bring about a change to the nomadic lifestyle of their people when they could easily inculcate the zero-grazing option into their operations. They have the vast land they can grow hay all year round and have their herd fed in stalls. The cows will produce more meat and milk as against when they are being stressed under nomadic practices!

Even Enugu state that is in the focus, in its entirety is not even up in size to some local government areas in Niger state as Enugu state is merely 7,161 km² while Niger state is 76,363 km² and that is not even up to 10%! Who has more resources under good management to accommodate these pastoralists?

The successive government at all level in the Northern Nigeria are insensitive to the plight of its citizens.

Continuous underdevelopment, corruption, and embezzlement has made the region less developed in all indices.

Large arable land with no proper management and coordination is the fundamental cause of this uncontrolled grazing and destruction of other people's means of livelihood.

Time to address this menace is now!

Freemanan:
Smh

Nigeria economy is nose-diving, let hope the "Noise Maker's' impact would change the downward trend...

QuotaSystem:
What's all that gibberish you're typing? Are you mistaken?

The bolded is because everyone knows it's a PDP agenda championed by Odumakin, FFK, Falae and other failed Jonathan boys in the SW.

The power is back to you people, I beg no release am again oooo

Nigeria Sitting on a Keg of Gunpowder!

SW - Menace of Herdsmen.

SS - You know it

SE - Fix it

North - Terrorism

All boiling with one form of agitation or the other.

chukwudi44:
With the amount of laughter icons you have dished out so early this mornin,i am begining to think you took overdose of your regular igbo this morning

Pavore9:
So what is your own proffered solution?

Political solution in a peaceful environment with tolerance to accommodate our differences, however, with clear set boundaries.

Grazing land or grazing reserve must not be allowed, because a critical look at this suggests that Nigeria may be turned into one large animal farm.

QuotaSystem:
Something concrete must be done about these criminal herdsmen. If the deadly Oyo ritualists of Soka Forest could be contained and brought under control, then containing the activities of ordinary cattle herders in a foreign land should not be a problem.

Mo rerin igba iwase...

Buhary, Tinubu and all SW leaders in APC are all silent about the heinous crime committed by this herdsmen...

I congratulate Tinubu, as your people adopted him as your hero in the north. (Power is back to the North)... Hurray!

egift:
Gbam! They are panicking because their case is dead on arrival. Clownish TANoids always on the wrong side of dignity.

Let APC continue, nothing with a beginning without an end.

Pavore9:
Government has failed on its constitutional responsibility to secure the people, Communities where these herdsmen are proving to be a menace should have armed vigilante groups because those herdsmen are equally armed and that is what is giving them the sense of invincibility and impunity to do as they like. I have had personal run-ins with them while in Nike, Enugu State and know first hand that civility do not work with them!

No tribe has monopoly of violence, this I know.

Aresa la ti oni lo, oruko e ti di Emeka...

Aresa a.k.a Emeka.

aresa:
[/s]



[s]Speak English...

Egbon Emeka, sonu bi oko rober...

egift:
Go to court if you know better than the Nigeria Judges and stop flaring up at the slightest impact

You see your life ?

If this country is destroy by some selfish political elements, I hope you have another place to go ?

God bless Nigeria.

aresa:
Wetin be ya biafra business. With Nigeria?

Emeka. Abeg go carry demonstration poster with fellow miscrebt jare...

Inu-eje ee lo wa, Emeka ko, Emeko ni.

Wo, o se aro kutukutu Monday jare, mi ori aye osi ati iranu.

So tenuee abi ki o wa bi wo si.

Freemanan:
Please answer it for them..... You are just deceiving yourselves daily on NL with all these gibberish while the real thing go on and your opinions are not even considered... Smh...

Do something with your intelligence... There is more to life than all these... Please nau!

Sir, please comment on the topic, thank you.

Freemanan:
[s][/s]
[s]THIS IS NOT AN APPEAL COURT... THIS IS NAIRALAND... IF YOU FEEL YOU KNOW THE LAW AND ITS INTRICACIES BETTER THAN THE JUDGES, THEN HEAD TO ABUJA[/s]....

Who be dis thug wey dey type with capital letter on a Monday morning ?

egift:
Firefire, are you aware that in a case of Re-Run, PDP will not participate? Their candidate is invalid and the time of Primaries is long past.

Let the rule as stated in the electoral act be use as a guide and not any 'penetration strategy', either PDP participate or not is another contentious issue all together.

The people of Taraba and others across the country have the choice to choose their leaders and not any imposition by any party or elements.

egift:
[s]As I said before, beating about the bush is not an exercise a reasonable person engage in. So ask reasonable question if you need my attention of keep wondering around the forest with silly questions[/s].

I beg swerve jare...

Pavore9:
The community need not wait on any Government because Government at all levels have always given the impression they intend doing nothing to curb the menace.

Do you mean, they should react and protect themselves...?

What then is the function of the government, if not to protect it citizens lives and properties ?

Welcome to the promised CHANGE...

Why is the president silent in the face of all this killings and destruction of farmland and properties ?

QuotaSystem:
Go and look for proof; cold, hard, admissible facts that the Benue primaries did not hold and present as evidence to the tribunal.

Anything else is just a celebration of your lawyers legal incompetence and APC's growth from strength to strength.

Wonderful! have you taken your time to read the APC documented script called "Penetration Strategy Draft" ?

Please download your copy here...

http://www.elombah.com/index.php/special-reports/2021-leaked-documents-shows-how-apc-plotted-wike-s-others-downfall.

egift:
Is it that you do not understand a simple matter here or you are just crafted for a wrong path? The Bible already has a complete copy of the Book of Lamentations. These extra Chapters of Lamentation you are ignorantly adding is totally uncalled for.

As for Division, we already know those miscreants calling for division, and they have nothing to do with APC .

So, you are now taking over the APC propaganda role from Alh. Lie Mohammed ?

[size=15pt]All the companies blamed negative economic environment (Under Buhary) and global oil price crash (For which Buhary promised to address during his campaign) for their declining performance.

They also cited foreign exchange related losses, post-currency devaluation as well as delayed payments of petroleum products subsidies to downstream operators as leading causes of the bad fortune adding that year end and beyond look bleak in the face of what they call “dull policy moment in the oil and gas sector.”
[/size]

Industries are closing, profit of corporation diminishing as there is no yet economic direction and blueprint six month after this new government.

Can the overrated minister who the president tagged "Noise Makers" help address the challenges ?

Time will tell...

LAGOS — Negative economic fundamentals overshadowing Nigeria’s business environment may have begun to take its toll on corporate financial results as third quarter earnings plunged in three key sectors, namely, oil and gas, banking and conglomerates.

Poor results announced by industry leaders in these sectors also worsened the performance of Nigerian Stock Exchange All Share Index last weekend.

In the oil and gas sector, Oando Plc had led the pack in corporate downturn with a record monumental loss of N179.3 billion in its late result of 2014 full year and then followed it up with another N35.1 billion loss in its interim 2015 results.

Last week other big players followed same trend with Mobil Oil Nigeria Plc announcing a third quarter result that show revenue at N43.326 billion down 25.3 per cent from N60.718 billion recorded in the corresponding period of 2014 while its profit at N5.248 billion show a 33.5 per cent decline from N7.895 recorded in 2014.

Conoil Nigeria Plc and Total Nigeria Plc which are among the top players in the industry equally recorded declining fortune with Conoil recording a massive 42.28 per cent and 16.13 per cent drops in revenue and profit respectively while Total recorded 10 per cent and 5 per cent drops in revenue and profits respectively.

All the companies blamed negative economic environment and global oil price crash for their declining performance. They also cited foreign exchange related losses, post-currency devaluation as well as delayed payments of petroleum products subsidies to downstream operators as leading causes of the bad fortune adding that year end and beyond look bleak in the face of what they call “dull policy moment in the oil and gas sector.”

The banking industry presented a similar picture last week when almost all the results in the sector were announced showing that while tier-two banks show growths, big players in tier-1 league show marginal growth with a few significant declines in fortune.

Afrinvest Group, a Lagos-based investment house, in a review of the banking sector third quarter 2015 performance last weekend noted that “within the banking space, the constraining operating environment in 2015 was reflected in their levels of profitability in comparison to the corresponding period the year before.

“The high exposure of Nigerian banks to the public sector and the oil & gas sector (which we estimate at 5.4 per cent and 27.0 per cent in first half 2015 respectively) has led to a weakness in assets quality as the revenue profiles of their key customers (government and indigenous downstream and upstream companies) were impaired by the oil price crash.

“This has led to higher non-performing loans and impairment charges affecting profitability of banks. Our year-on-year analysis of banks’ bottom lines across tiers shows that third quarter 2015 profitability was generally affected by higher impairment charges, with Stanbic IBTC Bank Plc leading the pack at 521.3 per cent, FirstBank, 247 per cent; United Bank for Africa 129 per cent, recording the highest increases in impairment charges, a development which ultimately depressed their profitability.

The consumer goods and conglomerate segment also followed the decline trend with key players posting significant declines in both revenue and profit except Nestle Plc which was able to deliver marginal year-on-year increases in revenue and profit despite the challenging macroeconomic landscape.

Cadbury Nigeria Plc and UAC Nigeria Plc led the pack in both sectors with Cadbury recording a massive 98.27 per cent decline in profit while UAC suffered equally heavy drop of 58 per cent in profitability.

On sector average, analysts observed that though sales growth in the last nine months shows a marginal weakening at about 0.2 per cent across top five consumer goods companies, net finance costs surged 81.5 per cent.

Cc: Lalasticlala

http://www.vanguardngr.com/2015/11/harsh-economic-environment-crashes-corporate-earnings/

egift:
Someone just gave you a free tips to remedy your health from chronic "perfect hatred" on others, I recommend you take it.

Hatred still trailing yours and your likes...

APC plan to set Nigeria on fire through its well written scrip will only further divide Nigeria and compound its current political and economic challenges.