₦airaland Forum

Real GDP Growth rate: -2.06%

Nigeria's economy is officially in RECESSION.

Inflation rate for July 2016: 17.1%

Most affected sectors (Growth rate)
1. Mining&Quarrying: -17.19%
2. Electricity, Gas, Steam, and AC Supply: -10.46%
3. Accommodation&Food Services: -6.39%
4. Transportation&Storage: - 5.34%
5. Financial&Insurance: -10.8%

Resilient Sectors (Growth Rate)
1. Agriculture: 4.53%
2. ICT: 1.35%
3. Arts,Entertainment&Recreation: 1.80%
4. Education: 2.88%

Sub-sector with the sharpest contraction
1. Post and Courier Services: -67.88%
2. Motor Vehicle&Assembly: -29.35%
3. Oil&Gas: -17.48%

Source: National Bureau of Statistics

How top Nigerian comedian lost ex girlfriend to a rich man

How genuine is your source of income?

Nigeria Economy was never strong. It was only revolving around corruption.
A man steals Millions of Naira. Uses part of it to build a house. He will buy bags of cements, building rods and other materials. Pay workers who work on the site. Give Millions to his girlfriend, who will go and buy Brazilian hair, buy expensive jewelleries and shoes. Spent Millions on a five star hotel to organize a birthday party and buy assorted drinks.
They were getting Billions of Naira from the scam called fuel subsidy. They will go and keep the money in the Banks, and the Banks were looking for fat deposits. From the loots, fat offerings and tithes were paid. Millions were even paid to Religious leaders for prayers. The Economy was booming around corruption.
Then, a new Sheriff came to town with integrity. He says, it is not going to be business as usual. TSA was introduced. The war against corruption declared. Most sources of ill gotten wealth cut off. No more free cash for the boys.
And because we are a consuming Nation from ill gotten wealth, the so called strong Economy suddenly collapsed. Some even suggested that corruption should be brought back.
We must now start to build a productive Economy based on genuine source of wealth.
This is the sorry state of Nigeria Economy today.

JAGABAN NIGERIA

1. Prof Yemi Osinbajo, SAN was Tinubu's Attorney General and Commissioner for Justice. He is today, Nigeria's Vice President.2. Rauf Aregbesola was Tinubu's Commissioner for Works. Today he is serving his second tenure as Governor of Osun State. 3. Babatunde Raji Fashola, SAN was Tinubu's Chief of Staff and successor in office. He is today Nigeria's Minister of Power, Works and Housing.4. Alhaji Lai Mohammed was Tinubu's first Chief of Staff. He is today, Nigeria's Minister of Information.5. Babatunde Fowler was appointed by Tinubu as Chairman of the Lagos State Internal Revenue Service. Today, he is the Executive Chairman of the Federal Inland Revenue Service.At the National Assembly, there are countless "Tinubu boys" who have occupied and are still occupying seats till today.Since 1999, the Tinubu camp has produced almost 98% of the members of the National Assembly from Lagos State.Forget politics, this man is a political enigma.Rewind to 1999, I am sure most of us have forgotten the names of the People who were elected Governors then. Some of them have gone out of circulation. Some are gasping for breath politically. Indeed, most of them are no longer relevant today.Who still remembers Mbadinuju of Anambra State, Jolly Nyame of Taraba, Mohammed Lawal of Kwara, Segun Osoba of Ogun, Attahiru Bafarawa of Sokoto, Achike Udenwa of Imo, Victor Attah of Akwa Ibom, Orji Uzor Kalu of Abia? That one has lost two consecutive senatorial elections.But Tinubu has not only managed to remain extremely relevant, he has continued to control Lagos politics 100%. Not only that, he manages to carry his boys along and today they occupy critical positions in our national life.Take it or leave it, Tinubu is today, Nigeria's most powerful politician. It didn't just happen by chance. He worked very hard for it. Very very hard.The hallmark of a true leader is not just the ability to rule well but also the ability to nurture and groom his associates.The JAGABAN!!!

Shared.
JAGABAN NIGERIA

1. Prof Yemi Osinbajo, SAN was Tinubu's Attorney General and Commissioner for Justice. He is today, Nigeria's Vice President.2. Rauf Aregbesola was Tinubu's Commissioner for Works. Today he is serving his second tenure as Governor of Osun State. 3. Babatunde Raji Fashola, SAN was Tinubu's Chief of Staff and successor in office. He is today Nigeria's Minister of Power, Works and Housing.4. Alhaji Lai Mohammed was Tinubu's first Chief of Staff. He is today, Nigeria's Minister of Information.5. Babatunde Fowler was appointed by Tinubu as Chairman of the Lagos State Internal Revenue Service. Today, he is the Executive Chairman of the Federal Inland Revenue Service.At the National Assembly, there are countless "Tinubu boys" who have occupied and are still occupying seats till today.Since 1999, the Tinubu camp has produced almost 98% of the members of the National Assembly from Lagos State.Forget politics, this man is a political enigma.Rewind to 1999, I am sure most of us have forgotten the names of the People who were elected Governors then. Some of them have gone out of circulation. Some are gasping for breath politically. Indeed, most of them are no longer relevant today.Who still remembers Mbadinuju of Anambra State, Jolly Nyame of Taraba, Mohammed Lawal of Kwara, Segun Osoba of Ogun, Attahiru Bafarawa of Sokoto, Achike Udenwa of Imo, Victor Attah of Akwa Ibom, Orji Uzor Kalu of Abia? That one has lost two consecutive senatorial elections.But Tinubu has not only managed to remain extremely relevant, he has continued to control Lagos politics 100%. Not only that, he manages to carry his boys along and today they occupy critical positions in our national life.Take it or leave it, Tinubu is today, Nigeria's most powerful politician. It didn't just happen by chance. He worked very hard for it. Very very hard.The hallmark of a true leader is not just the ability to rule well but also the ability to nurture and groom his associates.The JAGABAN!!!

Who is lalasticlala? E dey epp person

Rip...... She got married to malu (cow)

If this man is armed robber, what is Saraki?

The last pics kissing though....... That guy dey vex

The useless ones killing one another for Nigerian politicians

coputa:
How does it affects us if they are big players in the international oil markets,will it improve the price of oil.Does it mean we cannot survive without oil.Our leaders are lintelectually lazy.

Yes, it would improve price, if they reduce output

It is high time for our people to have common sense. Our dear president is doing the needful to better our country. Ineffectual buffoon supporters should understand that meeting Saudi Arabia and Qatar is due to the fact that both countries are big players in oil international markets.

It is high time for our people to have common sense. Our dear president is doing the needful to better our country. Ineffectual buffoon supporters should understand that meeting Saudi Arabia and Qatar is due to the fact that both countries are big players in oil international markets

The evil men do, shocks the devil

It is obvious Mr president...
I know you love this country but wicked forces will always fight back .
The evil that men do, shocks the devil.
Mr president, please do your best and leave the rest for God.
For a nation get the kind of leaders it deserved

The evil men do, shocks the devil

See that booby

Mr Victor matthias

Madagascar and Nigeria, endtime school meals

Good for them, dem no wan take eye see celebrity

What a country and what an employer?

What has he done for the Cameroonians? Fools given title everywhere

A thief can only defend a thief

agohmamuda:
Relax Op. It's just Harmattan. It happened to one of my neighbour last week, the guy just died yesterday. No fear.

you are bad o

Too bad, that we don't even value life anymore. Why are we like this, at least someone gave birth to those people too.

Her madness just started

A drowning man

Kill him

A good example of a failed president