₦airaland Forum

Antoeni:
Fmr Finance Minister: Ngozi Okonjo Iweala.

I still find it funny that most people
don't know why Nigeria economy
went into recession, they love the
incompetent lies of Lai Mohammed
about the past government ruining
everything. It's also myopic to think
that if Jonathan were to still be in
power, we would be worse off.

The truth about Nigeria's recession
is this; it was caused by the
president's unguided rhetoric and
uncultured body language.

Firstly, there is nothing we are
buying today that we weren't buying
5 years ago, therefore it's not our
purchase that put pressure on Naira
but withdrawal of funds by foreign
investors.

After the election, the president
created instability with his unguided
statements about how everyone is
corrupt and how everyone is going to
jail. The instability made foreign
investors to liquidate their
investment and change their money
to dollars.

In the process of trying to
flee, they were willing to buy dollars
at any price, which lead to high
exchange dollar rate.

Even though some of them were not
ready to run away, but want their
money in dollars to save their
investments from devaluation, the
president gave a bad signal by
banning deposit of foreign currency
into dormiciliary accounts. That was
enough for free market believers to
see the draconian handwriting on
the wall, that was the beginning of
dollar rush.

To make matters worse, the
president came up with another
outrageous policy of rationing dollar
to certain sectors and blocking many
sectors out. That was the nail in the
coffin which facilitated the
emergence of free FALL.

In the end, foreign investors took
over $80B out of the economy within
a short period and everything went
down to free fall.

To those who believe it will be worse
if Jonathan is still there, you are all
wrong. Policy continuity and political
stability will not let billions of
dollars leave our shores within such
tiny time frame. Even though the
government might have income
shortage, the private sector will
weather the storm by their
confidence in the market.

The fear of the unknown created by
PMB is responsible for the economic
downturn not low oil price. Interest
rate in America is currently at 0.5%
while it is 12% in Nigeria. JP Morgan
Chase will not mind borrowing $50
billion from Feds at 0.5 and put in
Nigeria for return of %2000 profit.
Citi bank will do the same, likewise
US Bank Corp. Chase gave Buhari
warning about the repercussions of
his fixing policy before they pulled
out, but his illiterate cyber warriors
and misseducated e-soldiers said
JPMORGAN can go to hell, they no
longer believe in economic metrics
since their messiah is in charge.

Funny enough they are all suffering
today because of the stupid policy,
but they find relief by blaming it on
past administration and Gucci
appetite of average Nigerians.
For your information, if your
president "continues" with his
unguided rhetoric, Naira will go
down to N1000/1 $. But we thank
God, he is no longer talking.

EasternActivist:
Is it not the right thing for APC to do? what's keeping them so long afterall if the last administration has build hospitals our president will not have any need to travel to obodo oyibo before disappearing.

Don't ask me the hospital Gej used in receiving treatment when he gets sick because the herbalist he patronizes has his local store at Otuoke he must have gotten all his treatments throughout his stay in office from there.

Join hands let's blame Gej... Have you blamed Gej today?

ImadeUReadThis:
It worked for Bashir Omar of Sudan, that is to say, regarding the state sponsored genocide of Dafurians at the hands of Sudanese backed militia otherwise known as Janjawiids.

The plan was simple: support an army of Arab Muslims to form a jihadist militia to cleanse Dafur of black African non Muslims; do nothing while blocking external aid to those on the receiving end.

The Nigerian army learnt very well of this tactics on how to commit state orchestrated genocide while they were stationed on "peace keeping" assignment in that desolate country.

It worked very well for the Muslim Arab north as their leader, Omar Bashir only got an international warrant slapped on him which no one seems ready to act on.

Back in Nigeria we are seeing the Janjawiid model in full swing as can be discerned with the tacit support the Fulani militia get from both the federal govt and security apparatus as they wage their genenocidal crime spree across the land.

We also saw a little Janjawiid tactics in kaduna with armed thugs giving free reign to attack and kill members of the Shia community in that perilous state. The State govt and security agencies being wary on repeating another state supervised and executed massacre decided to outsource their persecution of the Shias to the chagrin of street local thugs and criminals.

There is also the audacious demand recently made by the Miyetti Allah Cattle Breeders Association - the apex body and number one apologists of the same Fulani militias wrecking havoc across the land - which came out to offer their services to protect oil pipelines across the country including the Niger Delta.

These days I don't even get angry anymore about what is happening in this nation called Nigeria. Neither am I appalled but rather I am so fatigued to the point of resignation in my attempts to warn those around me about the islamization agenda that is on full swing.

The Fulani herdsmen will get their pipeline securing job because they end up getting all they demand. They get what they want not because they have a Buhari in power or because they have their kinsmen holding our security apparatus, NO! They get what they want because idiots down south are so oblivious to the seething danger that is looming and staring down their faces.

The Janjawiid model is working. Fulani killers are not Nigerians or have you forgotten? So that means we are expected not to target the northern Ummah in our complaints towards any Fulani attack.

But what about the govt? Are they not to be blamed for the insecurity? No. The govt has no hand in your predicament as they will remind you that the locals stole the "foreign herdsmen" cattle just like they are doing in Southern Kaduna, Enugu, Benue, Taraba and Nassarawa.

I will close this piece by stating a widely known fact among criminologists who study the effect of the immediate environment and greater societal factors at large and how it can turn a descent man to a hardened criminal :

"When men first come across evil for the first time they are naturally appalled. After a little while living with evil they become accustomed to it. After a while more, they become evil itself".


Those agents behind their Janjawiids should know that a time will come when we will become more vicious and equally more brutal than their foot soldiers. And when that time comes, God help Nigeria!

ImadeUReadThis:
Slow down this early Sunday morning.

You may not be a christian but Sunday still marks the beginning of a new week.

Your Lords and masters up north are sick and tired of your cadavar lying in a hospice in London waiting for Aisha to pull the plug and you are here looking at who to curse?

From GEJ to PDP to Niger Delta Militants and now Biafrans you have blamed for the woeful failure of your Lord and master zombie king while his own people have began condemning him.

Isn't it time you admit that your bigoted political stance and blind sychophancy was a big mistake?

dingbang:
tell you what? Even if I expose you to wisdom, I don't think u will be able to apply it..

modaink333:
Where is mr president?

kropotkin2:
Calling someone a clown isn't particularly looked upon as an insult, but rather sometimes its actually some kind of compliment- meaning 'a funny guy'

MidolsStudent:
Check d name of d twitter user, his name is Engr. Alameen Madobi Babatunde my Yoruba Muslim brother from d most educated tribe in d world..
Masha Allah!
Education seriki!

stanleyalpacino:
Who did this to Pres. Trump. I think I need to post it on his official handle. Lwkmd. This fucking made my day.

OkoNDOoBo:
ebonyi Igbo carry ur flat head commot

Airforce1:
I'm Inspired

God bless the President.

I mean the acting President.

engineerboat:
Before you started praising this government for the over $9 million recovered from Andrew Yakubu's house, by EFCC....

Let me educate you on what is actually happening.


Andrew Yakubu, is an APC man....He financed APC's presidential election in 2015.

He was a known thief, as GMD of NNPC, under GEJ and when it was discovered, GEJ sacked him and was about to prosecute him...Then, APC started shouting about tribalism and deceived many Nigerians, who went online to attack GEJ. Including Ekemini Ekanem who accused GEJ of sacking the thief because he refused to their for GEJ.

This guy was a major financier of El Rufai's election as well.

Presently, he is positioning himself to contest for Kaduna state governorship in 2019, with the already damaged image of El-Rufai, who will definitely not get any vote from Southern Kaduna Christians, due to all the killings under his watch.

Yakubu is a close friend of Kwankwaso, who is planning to contest for presidency under APC in 2019.

So, the powers that be in El-Rufai camp, now engineered the raid, just to collect the money, which the believed is what he will use to contest against El Rufai and finance Kwankwaso.

That was why there was no arrest of the man, on that 3rd of February when this raid was made, till the man on his own, went to EFCC office on the 8th of February (5-days after), to go tell them return the money, because it belongs to him.

He refused to leave EFCC office except his money was handed back to him.
He stayed there till yesterday being 10th of February.

So, in order to bully him out of EFCC....They now made the pictures public and claim he was detained on the 8th.

Get the points here.

1. Raid was made on 3rd and EFCC did not publicize it.

2. He was detained in EFCC cell on the 8th (as EFCC now claim), yet nobody was told what happen on the 8th, Why now tell us on the 10th?

Is this not same EFCC that will raid a PDP man's house or Judges houses by midnight and by 1-am, pictures are all over the Internet and exact amount made public.

Laple0541:
They will never disappoint, the most industrious tribe in Africa.