₦airaland Forum

rhymaster:
M

Simple answer: tough love!

Longer answer: Yes, Nigerian governments in the past have done things suddenly for years! That is not ideal but just like a parent who suddenly discovers an unhealthy lifestyle in their child, who is just one random step from ruination, you'd take drastic measures immediately otherwise your 6 - 12 months plan before he or she is grounded may be too late.

For a country, it is not so easy, plus Nigeria is already under a lot of pressure economically. Oil prices were falling almost every week, how much longer could the Buyari government have pushed out an ideal date to effect drastic and immediate changes? In 1 years time? If Naija governments of the past and everyday Nigerian citizens did not curb their appetite for foreign products and Forex Nigeria couldn't afford any longer, whatever 6 - 12 months plan would be crying after the head has been severed from the neck, figuratively speaking. Plus, what is the guarantee that a country, government and people who had record revenues of > $ 100 for many years and failed to achieve such a feat will no magically achieve same with record low prices in < 1 year? The government's decision is the best in the circumstance and Nigerians should better get on with the business of improving their lives and the economy of the country ASAP by manufacturing of learning to manufacture most things they consume.

OP I think u should stop deceiving the public, if truely the dollar is 197 with the CB how come the exchange rate has now effected our foreign reserve? because all these while Mr.lie Mohamed and Mr Emefiele has made us to bliv our foreign reserve has drop due to the decrease in naira. so, whi is fooling who n who is deceiving the other? the government or the public.

by the your "long n short" answers didn't answer my questions. u were just busy explaining incohenrant things.

nice piece of education there by op.
but some questions begging for answers
1) why is it that its only in Nigeria government don't make substantial and solid alternative 4 going ahead to block n implement a law?
since buhari either wants to fight corruption or wants our local industries to pick up, why didn't he create an enabling environment 1st, let the local industries kick start n hold grounds solidly b4 blocking foreign depended goods?
2) since u said getting dollar from d bank is @197, what is the selling limit CB gives each banks daily n why us it so difficult that parents can't even get dollar to send their children who school abroad for upkeep

truely the dollar is not our currency, just like u rightly mention, we r import depended.

look at the Ajaokuta Steel Company is it me an ordinary citizen will mk it work? why has the FG not done anything about it? if that steel Company is working it will stop so many form of importations.

how about how refinaries, why are they not working optimally? why can't the FG fix them or is it a rocket science for our refinaries to work for us to buycut importation of PMS?


many tins to ask.

nice piece of education there by op.
but some questions begging for answers

1) why is it that its only in Nigeria government don't make substantial and solid alternative 4 going ahead to block n implement a law?
since buhari either wants to fight corruption or wants our local industries to pick up, why didn't he create an enabling environment 1st, let the local industries kick start n hold grounds solidly b4 blocking foreign depended goods?

2) since u said getting dollar from d bank is @197, what is the selling limit CB gives each banks daily n why us it so difficult that parents can't even get dollar to send their children who school abroad for upkeep

my brain still booting for more questions...

x240:
you deserve a slap!

how bitter the truth taste...lol

mrprezident007:
Unemployment and quality of Education.
I have seen many graduates roam the streets looking for jobs. Conversely, some companies have also lamented that many Nigerian graduates are unemployable. Who is telling the truth, are there Jobs but no employable graduates or that there are not so many jobs out there?

have u ever ask any of those employers which university they attended? if all of them attended a university abroad then they're right in their iwn thinking. else, that have no good job to offer a Nigerian graduate simple !

TonyeBarcanista:
It isn't about right or wrong but more of seeing things from the right perspective. I'm not a Chartered Economist nor a guru in the field, in fact I never claimed to be one.

However, sensing the downward trend of the our main export(the oil) and the fact that our reserve wasn't fit enough to accomodate naira defence, I made case for devaluation of the currency to ease the reserve of its stress as well as for the government to embrace austerity(cutting overheads and their own remuneration) in favor of capital projects and fixing our infrastructures/promoting policies to favor quality local production. This I believe would yield long term benefit and shut out our over-dependency on foreign products. Though it would be tough in the first phase.

To address the over-circulation of the dollar, I suggested that we adopt the Egypt style instead of trying to bully the dollar when we are yet to get the capacity to produce locally.

Anyway, we all want the economy to improve. But I don't think praying for hoarders of the dollar to release cash or trying to beg them is the way forward. Government should be concerned with boosting local production and fix tight import tax on product that we have capacity of producing locally. As For the naira, they should allow the marjet determine it.

your recommendation are ok, but what we need is an instant solution before venting the long time solution.

what needs to be done now tio advert the free fall of the naira is the question begging for urgent answers. trust me, they won't mention anybody's name. even, that won't solve our problem.

buhari need to get an intellectual to handle that CBN and the finance ministry. those are the two most sensitive part of any economy.

buhari self I just tire for d man, he's not even or has ever stay in the country to govern things, rather, always in one country or the other with press speaking and implementing from abroad .

macklef:
Dangote is a damn oppourtunist. With all the billions he has he wants it all.
He wants to be the richest man in the world and to achieve this, naturally
U must step on other peoples growth/sucess.
Greed!!!!!!!!! Upon Vanity!!! Is long term Stupidity!!!!!!

don't b surprise my dear frnd, behind every rich billion there is a fraud.

ijustdey:
see as baba just dey generate money......



Mtn knows it can't loose the Nigeria market because that's where the buck of their money comes from....


let them know that "it's not business as usual"

don't worry, by the time tariff increases, charges for text messages, daily, weekly n monthly changes all skyrocket then we all will say mtn had done it again bot knowing the FG has forced them to.

many of us seems to be in support with this buhari's policies and "supposed anti-corruption war". have we eva sit to ask where all these monies he's generating unlawfully r going into?

he has spent more days outside his country than at home since he became president even with the downturn on our economy. yet we r applauding him.

when this country shots down they will send their children and wives abroad while the poor n children of the poor suffers.

let's all of us wise up!!

yes!!! that's what I'm talking about. lalasticlala is now doing what I like. there's need to celebrate our own who suffered, in hatch learning condition, in d moist of sadistic lecturers, ASUU strikes, living in d hustle with many days if starving due to financial lack and finally graduate with a 1st or 2nd upper. not all the time I see in the homepage d son/daughter of one senator/president that was trained lavishly with task payers money in foreign university graduating with a 1st class and their faces r on the homepage.

thanks God we r becoming patriotic now.

goodies to you bro... more grease to elbow. I celebrate wit u.

how can dis mama tell me she's 33. na lie jor

I got d message at about 7:40pm this evening... I was thinking its all this gnlg ppl because their office somewhere around that axis , besides it's too impromptu don't fink I can mk it

ladyF:
Only Jesus saves!!! Give your life to Christ today and fear no witchcraft.

Greater is he that is in me, than he that is in the world. Touch not God's anointed one - LadyF, else you incur the wrath of the Most High. Me I dey fear winch o.

It's [size=15pt]LadyF[/size] again

u dis girl enh... I don't no hw u do it to b either d 1st, 2nd or 3rd to comment in most thrends on d FP... could it be that u sleep on every NL sections?

lol...ladyF... what's d meaning of ur name?

this is serious. why come here to ask us the whereabouts of this ghost girl, why not ask the pastor that saw the vision he should have a better answer.

only born 19 and u want Nigerians to adopt family planning. adopted ur ow. nephew, is that adoption in the right sense? abi u went in with ur sister. how about the child ur daughter inlaw had for you, aren't u gonna tell us abt hiim?

shameless man!

lwisee:
As I'm writing this I'm sweating profusely,I've been practically angry at everyone since I came back from work.
For the past six years, I've not experienced terrible power failure like this.Our transformer picks supply from a 33kv line,which make us have at least 15 hours supply of electricity everyday,except if there is a major fault.
Then,N500 petrol can remain in my generator for 3 months,I hardly switch it on because I also have inverter.
I came back from work,I was told we only have 15 minutes power supply since morning.
Nowhere to buy petrol, I have tried and tried,the heat is damn too much.
I decide to sit outside and it seems some force command the air not to blow.

Price of food stuff has increased sharply,what kind of Country is this.Why is the word Buhari synonymous with suffering.
I just remembered that our president did not handle any personal successful business since he left office as a head of state.
Look at his cattle farm,the cows be like something wey get AIDS.

Frankly speaking, some people are like that,they are failure personified.
I pray it won't be the case this time around because it involves all of us.

I don't even know what to type again.I just tire

hahahaha... u neva c anytin, e jus star o... dat time u were on social campaigning and chanting "change" "change" u didn't listen to the processing ur brain was making about buhari's cattle farm. so no complain yet o, this is d beginning.

M4gunners:
Prof Pat Utomi,please adopt other Children and leave Ben with this 2.They are many Children there, what is the need of joining him to trained the same 2,when you can adopt another different 2 eternally.

I tire ooo... abi na only dos 2 children dey d plc or have a future?

I just wonder why this government have decide to be so wicked, selfish and unconcerned about its citizens. they're just making rich by collecting taxes, increase phcn tarrif to raise revenue, N50 stampe charges for bank deposite, raising money through forex and foreign exchange by buying dollars @N199 @ d bank instead of paying customers in dollars to change @ above N350 in the black market, saving soo much with accumulated interested with th e TSA strategy...

with all money they are saying, yet, they aren't paying workers or providing jobs, good roads, steady power forindustrialization...

I wonder what they're doing with all these money. and they still come out to tell us the treasury is empty.

may God help us o.

VeedeGeePapa:
If you can't upload your CV just send it with your cover letter to this email address
info@atopetautomations.com

ok thanks... I saved in .doc (97-2003) format still didn't get tru, I've submitted thru d email tab shall... I hope I get select cos I rllt need this

Franky826:
Try renaming the files after you must have backed up. for the word files try .doc, .docx

hmm... such a genius, who gave u such idea?!

ok thanks will it a try much later.

Chanchit:
If you live abroad and you still fail to build a house before this Bonanza ends, you are on your own o.

hahaha... that's true o guy

agabaI23:
Do you have to pay to get this kind of post on front page? I remember begging the moderators for a front page slot of a silimar post but nothing happened.
I seriously want to know...

must every thread get to d homepage? what benefit will it be to you by d way?
and who says u ve to pay for ur thread to be push to d FT? nawao... #acting like a kid crying for feeding bottle.

instead of ask the recruiter to work on the recruiting site to enable ppl apply u r there crying for it to b move to FT.

ehix89:
@ 37.7KB it still wldnt upload,i guess its d website's fault,,,,,is dr any1 dat hv successfully submitted via d link provided,plz gv us tips hw u manoeuvre ur way tru.tnks

have u broke tru cos I encountered same p

its just getting done on ur guys, don't worry this is just the begginning o very soon Nigeria will shotdown by then you all will sing GEJ n Mama Peace song #diarisgod#

lalasticlala:
At the bolded, you are wrong, that's because previously, the home page wasn't frequently updated, unlike now that many topics hit the home page daily..

ok ooo.... I bliv u no better.

have a lovely day. boss!!!

adipemcanis1:
Considering the fact that privatization happened when GEJ was in power.....I should say that this time,it is his fault.

Once GEJ sold the power system to the DISCOS and GENCOS.....that meant that government was no longer in charge of power.

And that meant an increase in tariffs....because the power sector was no longer being funded by government.

Hence it being GEJ's fault.

(That is why APC chieftains like Atiku were calling on Buhari to reverse the DISCO sale....but that would have led to serious legal complicaitons).

Once privatization happens....prices go up. That is what happened with the GSM thingie.

I am ready to blame Buhari for other things....but increase in tariff is GEJ's fault so to speak. (I actually think privatisaton is a good idea....but you Nigerians....APC and PDP don't.).

Mr. man go get busy and stop quoting me pls... I'm sick and tired of these ur blame cultural dances... obviously u don't pay bills that's y u keep ranting and blaming Jonathan instead of get to work and fix problem at hands.

was it Jonathan that is also responsible for the low cost of tarrif in other country like the op mention? gej is to b blame for d constant increase in $ abi, for d BH as well, for d Shiites, IPOB, even for d wasteful junketting of Mr tourism n culture instead of being Mr. President abi

u have even excluded yourself from being a Nigerian bt say "you Nigerians, APCs n PDPs. blame Jonathan also for that.

nonsense!!!

adipemcanis1:
Sorry to rain on your parade guys.....but

[size=16pt]It is GEJ.....your dear GEJ'S fault.[/size]

GEJ privatised the power sector.....meaning that prices had to go up, because government is no longer funding the power sector anymore.So the DISCOS had to get money....and it had to be tarrif raises.

Plus....the increase was a part of the agreement with the DISCOS signed when GEJ was in power.

So...stop blaming Fashola. He has nothing to do with this.

Wailers.....it is never their fault....even when it is.

look @ ur neighbour and say, "neighbour, have you blame GEJ today?"

APCist with the blame games. why nor blame Jonathan for Nigerian independent too?

lalasticlala:
OP, did you see the two mentioned topics on home page?

lalasticlala, no. but how about the congratulatory message APC gave to David Mark on his rerun election victory only for us to read this morning APC denying the claim? isn't that on the homepage? like one rightly said, all/most bloggers and liers but we can chose to be different.

nairaland is gradually becoming an online newspaper which gives users the opportunity to comment and air their view without fear of victimization or arrest. that looks like a good concept. but have u taken a close statistic lately to observe how the numbers of comments is gradually reducing in virtually all threads. formarly b4 a topics makes the hopepage you must have seen about 3,4, or 5 pages in company but these days I've noticed a gradual reductin, the implication on that is, people are losing interest or not finding competent in the stories or report and if that continues I'm sure even if you're not an economist you understand the detrimental consequences in your bank account.

I may not be ur No.1 fan but I'm a regular user for now, possibly because I'm unemployed for the now o... that will change soon. but I don't want people who have stepped up to done certain level if the ladder drop.

try see reasons of my view instead of seeing it like a blackmail. #constructive criticism if well looked into will only make one a better person.

I'm not surprise at all, since fashola became the then governor of Lagos state all he did was unlawful and abstract taxation that exist no where else in the world.

when you all where chanting change then nko?? this is just the beginning, let's seat back and enjoy it till 2019 by then the foolish among us must have wise up to know that APC lacks the competent and experience to govern the federation. the only thing its good at is opposition.

Sugarladypleaser:
Please, I need sugar mummy too , um 27, graduate, loving and caring.

I need to have fun and make some cash.

Send me a private mesage adding your phone number.

lol... this guy wants to over take me inside my own huz again? no way! ...lol

South Africa: Rand 1 = 13 Naira . Angola: 1 kwanza = 2 Naira . Botswana: 1 Pula = 18 Naira . Cape Verde: 1 Escudo = 2 Naira . Algeria: 1 Dinar = 2 Naira . Egypt: 1 Pound = 25 Naira . Eritrea: 1 Nakata = 13 Naira . Ethiopia: 1 Birr = 9 Naira . Ghana: 1 Cedi = 50 Naira . Gambia 1 Dalasi = 5 Naira . Kenya: 1 shilling = 3 Naira . Liberia: 1 Dinar = 4 Naira . Lesotho: 1 Loti = 14 Naira . Libya: 1 Dinar = 146 Naira . Morrocco: 1 Dirham = 146 Naira . Madagascar: 1 Ariary = 4 Naira . Mauritius: 1 Rupee = 6 Naira . Malawi: 1 kwacha = 11 Naira . Mozambique: 1 Metical = 4 Naira . Namibia: 1 Dollar = 12 Naira . Seychelles: 1 Rupee = 12 Naira . Sudan: 1 pound = 32 Naira . Swaziland: 1 Lilangenri = 13 Naira . Tunisia: 1 Dinar = 100 Naira . Zambia: 1 kwacha = 18 Naira $1 USD: = 400 Naira,,,, still counting.... 1 GBP British Pounds: = 505 Naira ,still
counting,,,,you can add any you're sure of

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