₦airaland Forum

Northernblood5:
Few years from now, she may win beauty contest in Aba prison.

The worst place you can be on Earth is Aba Prison. Many eyes are on kiri kiri, so it will be hard to commit atrocities there. If you mistakenly see yourself in Aba prison, you are finished. Last time i visited, i saw someone barking like dog . I started imagining his experience so far.

But she pleaded not guilty. How did you arrive at such conclusion?

WibusJaga:


I hate Dictatorship. How can one man be ruling a country of millions for over 20years & possibly for a lifetime. Anyone who challenges him is dealt with. More like in a jungle where the most vicious rules.
Imagine if Abacha was still alive ruling Nigeria up till now.

But isn't that God's initial plan? Or was he wrong to give Judges and Kings?
Democracy or whatever name it disguises itself isn't God esq and was impossed by men who think they knew better (the wisdom of man is like a filty rag before God). If Democracy is his plan, then we should have right to vote in heaven as well. See the irony?

Finland
Ukraine
Belarus
Latvia

In fact all those eastern Europeans will even spit on you if giving the chance.

abbey621:
Guy you no dey listen! How can borrowers suffer over insignificant increases, do you expect to keep borrowing money for free forever? Read the ending of my last comment, even if the US government raises interest rate to 2% the U.S economy is well poised for it, YOU ONLY REDUCE INTEREST RATES WHEN THE ECONOMY SUPPORTS IT. For historical context in the 2000s interest rates averaged 4-5%, in the 1980s when prices went through the roof interst rate was over 14% and you think a 0.5% interest rate is bad for borrowers......STOP IT!

Now to my main point, I said good news for investors in the USA! I don't know what investments you have but if they told you to choose between high inflation and increased cost of borrowing, if your answer is high inflation then you might as well gather your money and set it on fire. My example of the real estate is very clear, even if I sold my hosue for 550k or 600k dollars, do you think I can buy my dream house or a replacement for normal price? Nope, everything increased, so even tho I made profit from the sale, it is basically not worth much due to inflation. In simpel terms, INFLATION = YOUR MONEY BEING WORTH LESS!

You are making simple question appear as if it’s complicated by throwing around figures that is not relevant in this discuss.
I had already stated earlier that it’ favors investors but not everyone is an investor, and while the news favors in most cases this investors, it is also not good news for borrowers and businesses.
The goal of IR hike no matter how small is to combat inflation on a macroeconomic scale by slowing down the economy until supply begins to gain traction than demand- This is good from economic and regulatory point of view but from the citizens view, it means their holiday is over; Reason I asked ‘how is this good news?’. Well it’s all about where you are standing.
It’s all good! Whatever your opinion is, you are right. Changes nothing.

abbey621:
Context bro, context! If too much money is already in circulation, why would they spend less? Stimulus checks, loan forgiveness, child tax credits etc, there's so much money in circulation that demand for products and services are very very high leading to higher cost of goods and services.

The businesses continue to raise price because demand keeps increasing at an higher pace than production. For example, I bought a $400,000 house in December 2021, it is March 2022 now and that same property is being valued at $490,000, I did a test run and I recieved 3 offers well above the asking price of $490,000. This my friend is what the feds are trying to combat, without putting a barrier to borrowing, prices will continue to skyrocket not only in real estate but in every commodity/service.

.

How then is what you described above good news to the seller?
Once you raise interest rate, borrowers suffer, businesses suffer (Like trying to sell the house).
So I really don’t know why you said it’s good news.
The fact is, there is inflation and one of the ways to combat it is to raise IR. This doesn’t mean it’s a good news. Good move yes, but ‘bad’ news to the citizens as the economy will temporarily slow down as spending drops.

Case study; Nigeria’s interest rate have been high and while this is good to attract investors, the masses are ‘suffering’ in quote.
While raising interest rate is to combat inflation, the downside is that the citizens spend less and are less happy.

abbey621:
That's not necessarily true, if the cost to borrow money is very low then you'll have too much money in circulation hence high inflation, if everyone can afford 20k designer bags what do you think happens to the value of money? You also have to look at context here, interest rates was 0% to 0.25% for a long time, that is basically free money, no country survives by having such a low interest rate when the economic activities does not support it.

The main benefit of reducing interest rate is to encourage spending and greater economic activities, when those factors are no longer needed to be stimulated(Economy is doing well) then a low interest rate means less money earned for servicing debts, less value of investments and overall an over stimulated economy which leads to hyper inflation. To put things in context, what do you think the interest rate in Nigeria is? Once you find out you'll see that even if the U.S increases interest rate to 2%, they'll still be in good shape.

Of course, excess money in circulation in turn causes inflation - That’s Economics 101.
But I am yet to see where it’s good news especially to the citizens. Because they will borrow less and spend less. So how is that a good news to them? Isn’t it relative?

abbey621:
Very serious, unless you don't know shi shi about economics, there's no denying that this is good news.

Lol, very funny. Hope you are aware that raising interest rate pushes up price of money, this affects rates on everything from credit cards to corporate bonds - when this happens what will investors and business do?
The only advantage is that it takes capital from everyone else (Nigeria, China, etc etc all external investors) and send them into the US.
So I really don’t know why you said it’s good news. (It’s never a good news raising IR).
Everyone will start dumping the US binds and moving to TB etc etc, as money market becomes expensive. Well I guess you know more than me. There you have it.

abbey621:
What are you rambling about? This is actually good news for investors in the US, educate yourself man!

You’re kidding are you?

Both countries have committed war crimes. None of us have dementia, we can all remember.
I think, on a scale, the US have committed more war crimes than Russia.

But who will monitor the monitors monitor?

Alexxx2000:
If I was that client of yours, I will sue you. How will you bring up such information to the public? He paid you to render a service for him and now, you have. Then stop ranting about his personal life.

That's to tell you that the story is cooked up

Efewestern:
Your problem is comprehension. Uvwie is one of the few LGA in Nigeria that is 100% urbanized.

Don’t you think 100% is exaggerated?

Bestgraffix:
No ogudu GRA after ojoja

Oh okay’

DryMouth:
Lowland

Hmmm

Bestgraffix:
They are nice places like island too in mainland... example ogudu GRA I went there last week for an interview and the place is really dope and serene...

Is Ogudu not Ogun State? I remember swift telling a friend of mine that those areas is Ogun state.

DryMouth:
Island is bae except during raining season sha.

Ajah is not island.

Once you pass chevron, you no longer stay on the island.

So where will I say I stay?

Oladimeji1988:
2006
Toyota Highlander
3Rows
used by a woman
Buy and drive
@ 2.6m

Used by a woman is the more reason buyers need to beware. Those gender knows not how to maintain a car.
Anyway, looks like a very sharp offer, good luck with sales.

arimahoseloka:
and who told u I don't care about your current situation. If I am in a position to help you I would. Feel free to DM.

Story! ... Go and first give out everything you have to the needy before I take you more seriously.

arimahoseloka:
you really think righteousness is talking nonsense? You better listen to Him, what he is saying is worth more than all the treasures of this earth. A time will come and you will realize that indeed his words are worth more than all the money on this earth.

Oga give me money or something to sort myself out. I bet you won’t. But you are bordered about me going to heaven?
Why do you care so much of my afterlife when you care so little of my current situation? That is how illogical life is. If you don’t get it, don’t worry about that.

kingslj:
He is not talking or educating you about asteroids .... He is passing across knowledge that is contained in the Bible which is spiritual.

The Question should be ...WHAT do you believe in ?? why are you HERE

Lol… you guys are delusional.

Righteousness2:
Events of the Great Tribulation is casting its Shadows Massively on the Earth

Because olodo like you don’t know that asteroid strike almost all the time - Some burn off and evaporate as they enter the earth’s atmosphere while some manage to penetrate.
infact, even your roof contains particles of meteors (micro-meteorites) that burned off while entering the atmosphere.

GeneralPula:
Tho, Obaseki can be anything but I think he’s up to something worth standing for here..

Pdp collected 6billion for Gov ticket... Dem still wan con dey milk ham..

E no possible nah..

Please where did this 6billion come from? Afriinvest?

Dreamhighnow:
You people sha. They are destroying everything in Ukraine. Which one is THEY ARE CAREFUL

Didn’t u see the outdated artilleries and military vehicles Russians are using? It is a shame

Well I watch Aljazeera and I am in Europe; Germany precisely. People here also have their reservations.
Sorry but you see what they want you to see.

Dreamhighnow:
But they are still struggling with Ukraine

Because they are careful with the civilians. If this is an all out war like what US did in Afghanistan, Iran and Libya, Ukraine would have been leveled.
Sometimes we have to see things the way they are; No bias. Ukraine alone is no match for Russia and that’s the truth.

dawnomike:
If the above news is true... It makes me begin to wonder, why the war in the first place?

Ask the arms dealers in US or this movie will shed more light.

Loewe:
Well, I know this may be a bit off point, but that man was caught with only 40 grams of Cannabis.

40 grams of Cannabis is like what 2 or 3 people smoke for fun at a gathering, so I am wondering if that has any economic benefit in the first place. That's like N1000 weed in Naija.

Unless he is smoking it himself, the aim of the drug is certainly not to make money cos it doesn't make sense. I also hope it wasn't a setup to tarnish his image...

Before y'all come for me, Omo oodua ni mi o. I am not Igbo so this has nothing to do with ethnicity. Just asking a common sense question.

It was seen in his body not in his luggage. How can someone set him up that way? Trying to defend the indefensible?
Well, that he was caught with smoke isn't my problem and I careless if he is a pastor but 40gram is a lot of smoke for two people but I get your other point. No economic gain in it.

olugabbie:
I don't think China can really help Russia militarily. The military aid allegedly requested for, is obviously not fighter jets, gunshit, tanks, military vehicle missiles. It's probably drone. I don't think Russia has huge stock pile of drone.


This is probably the wrong time for Russia to invade. The sanctions will make it difficult for Russia to fund the war.

War analysts all out from the woodworks.

Ttalk:
Both are 100% better than Yahaya Bello, Dele Momodu is an accomplished business man

And Anyim is what?

RaymondEasyLife:
As for me I Discovered Nairaland in the year 2012, During the Era of Java phone and free browsing cheat.

Far back as 2008. Lost the email and couldn’t recover login details. created a new one 2011. But about to retire because this platform hasn’t changed from the way it was years ago.

Baawahala:
Atiku's case was like being presented with the Devil and Satan,so people must chose their perceived lesser evil.
You can't say I am neither here nor their unless you just intensionally want to neglect my line of discourse.
Nobody is stopping anyone from campaigning for the VP, but the assertion that he is best for the job is weighty that I needed to be made aware of the reason the statement was made and not answer is not readily available then I am certain the claim is pecuniary.

I get you point. It’s all good.

Baawahala:
I admit he is Nigerian and so he is qualified.
I see nothing about him that makes him the best amongst the qualified candidates for someone who has not really exercised power or "allowed" to exercise power,unless the assertion is based merely on pecuniary reasons and objectivity thrown in the wind as usual by typical sectional,religious or partisan Nigerians.

Democracy allows anyone to support and vote for whoever they like irrespective of whatever your objections are. I really do not get where you are going to because its neithrr here nor there.
While you questioned his assertion based on what the VP have done in his capacity, I also had to question your objections based on what his constitutional duty is as regards to his official role.
What have Atiku for example done to warrant being regarded as the messiah by selected many? Same question applies to the VP I suppose?

Baawahala:
Then what has he done enough to be seen by sentimental beings as the best for Nigeria.

He is a Nigerian for a start; so he is qualified to contest for the office of the president. I see nothing wrong in the assertion of the handle you quoted. I am only asking you to mention the role of a VP in a presidential system of Govt.

GooodHardDick:
Osinbajo is a complete failure just like buhari.

All he does is to drop motivational quotes here and there, no actions, nothing nothing at all. Just dropping motivational quotes everywhere he goes! What a failure!

What is the constitutional role of the Vice President?