₦airaland Forum

This is deliberate frustration on non APC states
Such a sensitive material why treat it like it has no value unless a hidden message is being passed that your vote don't matter

4Play:
If you have sound macro-economic fundamentals (low inflation, high GDP growth, export growth and high FDI inflows), then forex reserves are a sign of strength. However, in Nigeria's case, the increasing forex reserves are largely to do with the recovery in oil prices and, more importantly, the depreciation of the Naira from circa N155 to $1 to N360 to $1. The latter acted as a curb on imports by reducing the purchasing power of the average Nigerian, whilst the recovery in oil prices allowed the CBN to replenish the reserves. This is why the comparison between now and the GEJ era is ignorant - you are comparing levels of forex reserves at vastly different exchange rates.

The example I have often cited before is the Abacha era when forex reserves increased from $500m to $7bn at one point (an increase of 1300%). This wasn't because of sound economic policies. This was largely due to the collapse in the Naira as we went from N22 to $1 to N85 to $1. This curbed imports and helped replenish the reserves. Put simply, you can save money by starving yourself (arguably starvation to death saves money) but that is not living. Policies which cause the collapse of the Naira and significantly reduce living standards do not become vindicated because of an uninformed fixation with forex reserves.

It's debates like these that illustrate that the Nigeria's problem isn't solely about the quality of political leadership but is also about a hopelessly uninformed electorate. To celebrate forex reserves against a backdrop of collapse in both living standards and the purchasing power of the average Nigerian is a celebration of abject ignorance.

...thumbs up you know what you are saying
...your write up makes sense

To kill or keep as pet
This breed of dog only knows its original owner
So how do new owner relate with it
Let her birth and sell the pups

Safiaa:
100% nonsense

....

DrMuzungu:
While serving in the armed forces in my home country, if I fired a single bullet just anyhow, and especially if I did it in public, I would remain behind bars for many many years. If a bullet fired hit or killed someone innocent, I would still be there (in the military prison).

...country please?

Chivera017:
this country is lawless, police has no right to shoot unharmed citizens. And our leaders will do nothing about it.

...did I hear you say citizen ...you must be kidding
I assume you never travel out to know what citizens enjoy
...Nigeria is a transit point for displaced persons sooner you locate your country the better

maestroferddi:
It is only in Nigeria that an unprecedented failure like Buhari would muster the effrontery to seek re-election.

The one million dollar question is what will Buhari/APC be campaigning with as achievements after four wasted years....

...recovery of looted funds and dangote refinery

Cordis92:
Sharp guy but you fall my hand.

Of all things, you bought two cars, not even one if you so needed car. Smh

...i would have quadruple it return the principal then reinvest changed my car then come and ask for your hand in marriage

neonly:
Niger delta money in action nd come to think of it dis is d same family buhari said never stole ok continue

...those two families have their origin in Niger republic that why coming election citizens from there will be voting

Yet they trumpet the mantra of 'one Nigeria most'

Rucheen:
He was beheaded

...stupid comment what did it look like before

...

Pepsi101:
Na those small boys rough handle that niggah like that?


Jungle justice is very wrong.

...never pray to enter the hands of starving young boys

Thegeneralqueen:
OMG she looks so cute I'll definitely do the same when I get married I pray my husband permit me

...you mean at 40+ you still home alone

Rockyrascal:
It is not as if the former president was accused of a high profile assassination plot or murder o, neither did he commit war crimes or genocide while he was in power. he just looted funds and justice was brought upon him ha!.

When will the laws guiding Jo this country be made effective and carried out without bias on these corrupt politicians.

...it can never happen because the powers that be would make sure your hands are dirty before allowing you get into office that's the simple truth

...those slay girls that will tell you how meaty the pussy is

GGirll:
Shithole school always trying to compete with unilag see school like poo

...don't mind UI imgine trying to collect first position in d.ick sucking

ladyF:
I'm here to read comments

It's LadyF again.

...sweet lady how now

KOPT33:
95% of Nigerian women are not natural hoes: our women are very conservative and make great sacrifices when they allow us men sleep with them, all because of our prudish disposition to sex and sexuality.

If you want to experience a culture where sex with lax attitudes towards sex, go to Ghana or Ivory coast. You will run from all the sex you will be having.

I went to Abidjan for a two week holiday three years ago, the next evening, I strolled out to the next street. I saw a babe I liked, called her, asked if I could buy her a drink, which she agreed to.

We spent a few hours in the bar and then retired upstairs to my room to have sex. She didn't even protest, just gave up the cookie. I'd heard about how free Abidjan girls are but I didn't expect sex to be that easy. I had way more sex in two weeks than I had in one year in Lagos simply because the girls there love dick like no mans business. Did I forget to say they were not in it for money but rather for the pleasure and excitement?

... hmmmm is that so,
So girls dey weh pass kwazulu-natal girls

francesjoe:
I need your candid advice. My husband was short-listed for the on going screening of military force and he is working with AA rescue. If you were in his shoe, which will you choose Military service or AA rescue. Thanks

...please allow him to go Nigeria need martyrs

...season of park and bus stop

NwaAmaikpe:



This is both very unbecoming and utterly belittling of him.

How can an oga do boy-boy for his boy-boy?
This is not justified,
Well; unless he is also screwing the bride.

...keep talking this is what you were born to do 10 years to come you would be chatting with my son asshole

QueenSuccubus:


Well CUM

Badt girl

....games of thrones:season of scam;
King of the north meet with John Richard and his merry men .... loading

DTaj:
You are the nincompoop here; idiot! Seven suspects have been arrested by the police; the news is all over the media...

A lot of you dunderheads come online to insult the President with such an irritable level of ignorance and willful stupidity...

Must everything be negative just because your lord and master, Goodluck Jonathan, lost an election?

my friend shut up and close your account in this site we despise career ass lickers like you

Niyinficient:
ok.

But Nairalanders let try to reason before making comments . Seems this Buhari administration has made you all lose your thinking caps..


Do we expect the presidency to react without a briefing from his IG? Una no just wan dey hear anything about Buhari these days....whether good or bad o...una must cast am.

...mr man u no dey see US president reaction time is it in days or minutes
Capital nonsense

...the name calling thing was to put you at ease so both of you don't feel socially awkward together
...so stop getting wrong ideas, if he start caressing or going verbally intimate with you then sound the alarm else treat him like your relative

khiaa:
I have always been open and sincere. LADIES, when you are being romanced by your man and it's getting time for the get down, after you have cleaned yourself up of course, you know *Down There* when it's time for the o.ral, ok this is on the down low, *hush hush* slip a piece of hard candy inside of your pu.nani, it will dissolve from your body heat and will be a pleasant surprise to your man. There is no harm to your body.

...and I thought I was the pro

Awaitingkopa:
This type of pple you don't envy them. Cos things they do for money you dunno

...this girl is the official food 'serve yourself' for the big boys in Akwaibom state so don't envy her
Why do you think she is still single

frankwealth:
Start from the presidents.

If you say Goodluck Jonathan regime was corrupt, then no need protecting Goodluck, arrest him and prosecute him according to the law of the land, and if found guilty, jail him at least 25yrs in jail without parole. That will send a shocking message to incoming presidents in Nigeria, but all I see is a dangerous political blackmail to silence the opposition in order to get Nigerians worked up against PDP members to guarantee APC victory in 2019.

Because I still wonder why no politician or government official in APC is found guilty or even accused of corruption despite the fact that 99.999% of all past and present Nigerian politicians, presidents, governors, senators, ministers, commissioners, LGA chairpersons, etc are all corrupt.

If I am president Buhari and I am sure that my hands are clean and free of corruption or crime, I will shock APC and write my name in the sands of history by opening corruption books of top APC chieftains like:

1. Tinubu
2. Saraki
3. Kwankwaso
4. Tambuwal
5. Rochas Okorocha
6. Adams Oshiomhole
7. El Rufai
Etc, etc and watch all Nigerians irrespective of their tribe hail and support the president with their last drop of blood, but will he do this Hell no!

So if he can't do this, then he is not ready to fight corruption but only being partisan with his alleged corruption fight which will surely backfire someday

You seem not to be aware that in order to enter public office the powers that be must make sure your hands are stained as a guarantee that you will never exposed them
That's the reason Nigeria is what it is today

Nwaohafia1:
And as usual we will type RIP and move on waiting for the next victims. Nigerians hold your leaders accountable.


Just 'ordinary' fire in mall in Russia and the country raged, everyone started demanding explanation

...this one na country just because salaries are being paid to government officials you now mistaken this shithole for a country mteeeeew