₦airaland Forum

how much?

UNILAG again??

It is no breaking news that Nigerians are suffering under the Buhari-led administration. Sentiment aside, in as much as Nigeria was not in her best form under the leadership of Dr. Goodluck Jonathan, we were not this "broke" and "hungry". So I was just jejely wondering whether you would vote for Dr. Goodluck Jonathan assuming he contested in the presidential election come 2019.


Cc: OAM4J, Mynd44

But when I become the president, I will pay all Nigerians #1,000,000 monthly and sell petrol for free

Moral lesson: It is easier said than done

Juan Pablo Perez Alfonso once said " Ten years from now, twenty years from now, you will see: oil will bring us ruin… Oil is the Devil's excrement." The former minister of mines and hydrocarbon and one time minister of development in Venezuela knew what he was saying when he said Crude oil is a "natural resource curse".

He believed that countries with an abundance of natural resources , specifically non-renewable resources like minerals and fuels , tend to have less economic growth , less democracy, and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, and there are many academic debates about when and why it occurs. Most experts believe the "resource curse" is not universal or inevitable, but affects certain types of countries or regions under certain conditions. Well, it saddens my heart to say that Nigeria is one of the few countries where crude oil is more of a curse than a blessing.

The IMF classifies 51 countries as “resource-rich.” These are countries(including Nigeria of course) which derive at least 20% of exports or 20% of fiscal revenue from nonrenewable natural resources. 29 of these countries(including Nigeria of course) are low- and lower-middle-income. Common characteristics of these 29 countries include (i) extreme dependence on resource wealth for fiscal revenues, export sales, or both; (ii) low saving rates; (iii) poor growth performance; and (iv) highly volatile resource revenues.

When Nigeria experienced Oil bloom in the 1970s, the Government was so happy and wasted no time in diverting her attention from Agriculture, which used to be the bedrock of our economy, to oil production. Well, that was a smart move but yet a foolish one on a long run. The moment Nigeria gave her whole life to oil she already signed an unknown contract that the fate of the country's economy be decided by that oil.

Now, when the economy suffered setbacks or when Naira couldn't hold its head high in the presence of its counterparts in other countries, they attribute such misfortune to fall in oil price. Some leaders of this great nation already know that agriculture can turn the fortune of the country around but they are still reluctantly investing heavily in it.

They know that it's high time Nigeria began to produce some commodities herself but they are still unwilling to support local producers to the maximum. It is better late than never, we shall be great again but first we have to realise that : To Nigeria, crude oil is the devil's excrement.

Please who knows how to spell "rubbish" because this op and mod just made me waste my mb

Another earth tremor on Tuesday rocked the Kwoi community in Jaba Local Government Area of Kaduna State.
The incident had reportedly forced many residents to flee the community.
An earlier tremor had taken place on Monday around 3am.

Following the incidents, schools in the city were shut down and students, who had just resumed from the long vacation, were asked to return home.
Meanwhile, the Head of Geography Department, Kaduna State University, Dr. Idowu Abbas, said the constant incident of earth tremor in Kwoi town might lead to a major earthquake, urging the government to place the community on a watch list for a possible evacuation.

He said:
“It is unfortunate that the tremor happened but it is not unusual. This is because it can happen anywhere and at any time as long as there is movement underneath the earth surface. It can happen anywhere, it is just unfortunate that it happened in Kwoi.

“The tremor could be a signal of a bigger incident in Kwoi. And it still depends on what happens within the earth surface. I think the Nigerian Space, Research and Development Agency is already looking into that. Honestly speaking earth tremor is a small earth quake, the major earth quake can come.”

I will even rig the election for him

It is no breaking news that Nigerians are suffering under the Buhari-led administration. Sentiment aside, in as much as Nigeria was not in her best form under the leadership of Dr. Goodluck Jonathan, we were not this "broke" and "hungry". So I was just jejely wondering whether you would vote for Dr. Goodluck Jonathan assuming he contested in the presidential election come 2019.

Cc: lalasticlala, Mynd44

No one wants to die. Even people who want to go to heaven don't want to die to get there. And yet death is the destination we all share. No one has ever escaped it. And that is as it should be, because Death is very likely the single best invention of Life. It is Life's change agent. It clears out the old to make way for the new.

Good for him

www.forbes.com/sitesdanalexander/2016/09/08/amancio-ortega-richest-bill-gates-world-spain-inditex-microsoft-zara/#789c1e5c264d Cc confistified

confistified:
https://www.nairaland.com/3339887/amancio-ortega-overtakes-bill-gates

Reading this false post two days ago got me pissed cos I remembered reading a post from celebritynetworth that Bill Gates money has increased to $90billion.... So I took out time today to debunk this false post


Here's my proof below

http://www.celebritynetworth.com/articles/billionaire-news/bill-gates-is-so-rich-its-breaking-records/

Cc Mynd , Lalasticlala , Fkpboss

Please be informed that Amancio Ortega was the richest man on earth as at wednesday, but Bill Gates reclaimed his number one spot on thursday (i created a topic about it but it wasnt moved to the front page) and i'm sure you noticed that i refered to forbes as my source

chukslawrence:
I think Bill Gates is still topping the list.
As of 9/10/2016 @ 4:15AM | Methodology For
Real-Time Wealth Ranking
#1 Bill Gates $75 B
#2 Amancio Ortega $67 B
#3 Warren Buffett $60.8 B
#4 Carlos Slim Helu $50 B
#5 Jeff Bezos $45.2 B

I created another topic this morning which states that Bill Gates has retaken his number one spot but please be informed that as at Wednesday, Amancio Ortega was the richest man on earth.

Zara founder Amancio Ortega overtook Bill Gates as the richest man in the world on Wednesday, after shares of his retail giant Inditex jumped 2.5% and boosted his fortune by $1.7 billion in a single day. But by Friday morning at 10 a.m., Inditex shares had dipped 2.8%, knocking Ortega’s net worth down to $77.8 billion. Gates was again the richest man on Earth, a title he has held for 17 of the last 22 years. Forty-five minutes later, Ortega was ahead. Then 10 minutes after that, Gates was back in the lead.
Easy come, easy go. Such is life at the top of the Forbes billionaires list, where tycoons can gain or lose hundreds of millions of dollars, even billions, in a matter of minutes. The fortunes of both Gates and Oretga will continue to fluctuate up and down as shares of their companies rise and fall.
(See where each stands at this instant on the FORBES real-time billionaires ranking.)
For Ortega, the only stock that really matters is Inditex, the parent company to Zara, Massimo Dutti, Pull&Bear and other brands. A former store clerk who opened his first Zara store in 1975, Ortega holds roughly $70 billion of his $77.8 billion fortune (as of 11 a.m. Friday) in Inditex shares.
Those shares pay Ortega massive dividends, nearly $900 million per year before taxes. He has used that cash to build an expansive real estate portfolio that includes landmarks in marquee cities like London, New York, Berlin and Madrid.
For Gates, no one stock can affect his fortune quite so dramatically. The Microsoft cofounder has been selling off shares of the software company for years and now holds an estimated $11 billion worth of Microsoft stock.

source: www.forbes.com/sites/danalexander/2016/09/09/easy-come-easy-go-amancio-ortega-and-bill-gates-swap-places-as-worlds-richest-man/#5e63586931ad

Make dem no let prof buhari hear say dem dey protest against his brothers o....

MalcoImX:
It won't do much, but it will make a better you.

that's a perfect answer. Thanks

MalcoImX:
Begin by being a good :
1. Son
2.Daughter
3. Brother
4. Sister
5. Father
6. Mother
7. Neighbour
8. Civil servant
9. Business man/woman

And how will that better the economy of the country?

Juan Pablo Perez Alfonso once said " Ten years from now, twenty years from now, you will see: oil will bring us ruin… Oil is the Devil's excrement." The former minister of mines and hydrocarbon and one time minister of development in Venezuela knew what he was saying when he said Crude oil is a "natural resource curse".

He believed that countries with an abundance of natural resources , specifically non-renewable resources like minerals and fuels , tend to have less economic growth , less democracy, and worse development outcomes than countries with fewer natural resources. This is hypothesized to happen for many different reasons, and there are many academic debates about when and why it occurs. Most experts believe the "resource curse" is not universal or inevitable, but affects certain types of countries or regions under certain conditions. Well, it saddens my heart to say that Nigeria is one of the few countries where crude oil is more of a curse than a blessing.
The IMF classifies 51 countries as “resource-rich.” These are countries(including Nigeria of course) which derive at least 20% of exports or 20% of fiscal revenue from nonrenewable natural resources. 29 of these countries(including Nigeria of course) are low- and lower-middle-income. Common characteristics of these 29 countries include (i) extreme dependence on resource wealth for fiscal revenues, export sales, or both; (ii) low saving rates; (iii) poor growth performance; and (iv) highly volatile resource revenues

When Nigeria experienced Oil bloom in the 1970s, the Government was so happy and wasted no time in diverting her attention from Agriculture, which used to be the bedrock of our economy, to oil production. Well, that was a smart move but yet a foolish one. The moment Nigeria gave her whole life to oil she already signed an unknown contract that the fate of the country's economy be decided by that oil.
Now, when the economy suffered setbacks or when Naira couldn't hold its head high in the presence of its counterparts in other countries, they attribute such misfortune to fall in oil price. Some leaders of this great nation already know that agriculture can turn the fortune of the country around but they are still reluctantly investing heavily in it. They know that it's high time Nigeria began to produce some commodities herself but they are still unwilling to support local producers to the maximum. It is better late than never, we shall be great again but first we have to realise that : To Nigeria, crude oil is the devil's excrement.

The campaign #changebeginswithme confuses me a lot. How do they want the change to begin? What kind of change are they talking about? I sincerely want to know