Politics › Re: Harder Times Ahead With Galloping Inflation - Uche Uwaleke, by gen2briz(m): 8:07pm On May 22, 2016 |
Not again |
Forum Games › Re: Can You Spot The 6 Hidden Words From This Picture? by gen2briz(m): 7:36pm On May 22, 2016 |
Ok |
Politics › Re: Nigerian Soldiers Undergoing Training In Belarus (Photo) by gen2briz(m): 2:38pm On May 22, 2016 |
God bless Nigerian soilders, God bless Nigeria |
Celebrities › Re: OMG!! See Photo Of A Girl Allegedly Flogged By Soldiers In Port Harcourt by gen2briz(m): 10:36pm On May 21, 2016 |
In jenifer's voices, what does she do?  |
Celebrities › Re: Comedian Emmanuella Poses With Mark Angel (photo) by gen2briz(m): 4:48pm On May 21, 2016 |
Is that her real face? |
Nairaland General › Pastor Nabbed In Ondo For Hawking Fetish Meat by gen2briz(op): 4:43pm On May 20, 2016 |
A mild drama was recorded in Akure, the Ondo State capital, when a self- acclaimed pastor with one of the Pentecostal churches, was arrested for allegedly hawking fetish items.
The pastor, Adeniyi Johnson, said to be mentally challenged, was arrested by residents of Ijomu in Akure metropolis while hawking the items as fried meat in the area. According to an eyewitness account, the pastor brought out the items from his pocket and put them on a tray before hawking. Vanguard reported that those who saw him immediately raised an alarm and were trying to lynch him before some elders intervened and suggested he should be taken to the Oba’s palace. Reports had it that the suspect, who is in police custody, was formally in the Iju/Ita Ogbolu branch of the church before he was transferred to Ipogun branch. When quizzed by the palace chiefs, Johnson said he was divinely instructed to share the items so as to save his ailing son. On hearing his confession, the crowd that followed him to the palace attempted to stone him to death, but the palace chiefs reportedly prevented them as the suspect was taken into the inner chambers of the Oba. Johnson according to reports told the chiefs that his son was dying and that unless people eat the fried meat he was hawking, his son might not survive. He was said to have pleaded with those who arrested him toallow him finish what he had started so as to save his dying son. He has since been arranged by the chiefs to be transferred to police custody. Also, Vanguard reported that he is being detained at the Police Area Command headquarters of the state for interrogation. Meanwhile, sources at his church revealed that he had been sacked over a month ago to enable his family take care of his mental problem. http://www.pmnewsnigeria.com/2016/05/20/pastor-nabbed-in-ondo-for-hawking-fetish-meat/
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Celebrities › Re: Davido Reveals His Team Members Are Stealing From Him by gen2briz(m): 4:20pm On May 20, 2016 |
Kindly inform EFCC. |
Celebrities › Re: Flavour Pictured With A Beauty Queen In Ghana by gen2briz(m): 1:14pm On May 20, 2016 |
Ok |
Properties › Re: My 4 Bedroom Project by gen2briz(m): 12:56pm On May 20, 2016 |
More grace to your elbow. |
Phones › Re: Infinix Hot 3 (X554) Official Discussion Thread by gen2briz(m): 12:04pm On May 20, 2016 |
When is infinix going to release the 2gb RAM version? |
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Education › Re: Funny Pix Of Secondary School Relationships by gen2briz(m): 9:28pm On May 17, 2016 |
Following |
Phones › Re: Video: MTN Dishes All Network In New Advert... Falz by gen2briz(m): 9:09pm On May 17, 2016 |
Mtn...
Their advert na always confirm
In falz voice, am made a resafesion both two of me and my BEA. |
Politics › Re: FG Releases N350b For Capital Projects: See The Breakdown by gen2briz(m): 11:50am On May 15, 2016 |
slimfit1: What did Jonathan do for 8 years ? First niger bridge I guess |
Romance › Re: Lady Steps On Guy Lying Flat: Is This Love Or Stupidity ? (picture) by gen2briz(m): 9:11pm On May 14, 2016 |
If him spinal cord come break nko, he to go blame past administration abi |
Politics › Re: VP Osinbajo Releases Key Projects And Breakdown Of Nigeria’s 2016 Budget(photos) by gen2briz(m): 2:54pm On May 14, 2016 |
Owk ooo |
Politics › Buhari Bows To IMF Pressure, To Devalue Naira 290 To Dollar by gen2briz(op): 7:42pm On May 13, 2016 |
A day after the Buhari administration increased the price of the pump price of fuel by 67%, from N86.5 to N145 a liter, our sources disclosed that Mr. Buhari has also agreed to demands by the International Monetary Fund (IMF) that he significantly devalues the Nigerian currency. Our sources indicated that the naira would be pegged at N290 to one dollar. The current official rate is about N200 to a dollar.
Our sources said Mr. Buhari and his economic team took the decision to accept the IMF’s terms for funds that the Nigerian government wants to access to bridge a critical shortfall in revenue occasioned by a drastic decline in oil revenues. An administration insider told SaharaReporters that Nigeria could receive as much as $3 billion in credit facilities from the IMF.
“The truth is that Nigeria cannot operate without sourcing credit from the IMF,” said one of our sources, an economic adviser to Mr. Buhari, who spoke on condition of anonymity. “And the IMF was adamant that we must devalue before they can discuss extending credit to us,” he added. Curiously, administration officials took the decision to devalue the naira without the input of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, another source revealed. An official of the CBN confirmed to Saharareporters that bank executives were kept in the dark about the discussions that led to the Buhari administration’s decision to devalue the naira. “Some of us here [the CBN] are not opposed to devaluation, given our country’s present circumstances,” the source said, adding that it was the CBN’s function to pilot Nigeria’s monetary policies.
One of our sources pointed to the fact that the naira has been weakened in the parallel market, where it now sells at N360 per dollar. “The government cannot continue to operate under the illusion that the naira is stronger than it is. The only problem is that we did not start early enough to admit to Nigerians how bad the financial outlook was,” the source added.
The Nigerian economy has been pummeled by falling oil earnings that have led to a near collapse of the economy. The IMF had long indicated its readiness to support Nigeria’s economy with credit liquidity but insisted on Nigeria devaluing its currency. President Buhari had insisted on numerous occasions, before and after his election, that he would never devalue the naira.
It is unclear how Mr. Buhari and members of his economic team plan to justify the about-turn on devaluation and other policy somersaults. After initially vowing to reduce the price of fuel, the government yesterday announced a significant hike in fuel price. The administration also set to announce a 10% increase in value-added tax (VAT), another indication that the Buhari government was embracing the kind of liberalization pushed by the IMF.
To compound dwindling oil prices, militants in the oil-rich Niger Delta region have crippled oil exports substantially after bombing oil pipelines and issuing threats to oil companies to leave the region.
Last week, several oil companies evacuated essential staff from the region’s offshore platform leading to a reduction in daily oil outputs from 2.2 million barrels a day to 1.3 million barrels a day. http://www.saharareporters.com/2016/05/13/buhari-bows-imf-pressure-devalue-naira-290-dollar |
Education › Re: Exam Question For 500Level Lautech Students by gen2briz(m): 5:32pm On May 13, 2016 |
The time limit self |
Phones › Re: Data Resellers At Loss As Our ISP Providers Now Offers Better Data Plans by gen2briz(m): 4:03pm On May 13, 2016*. Modified: 7:55am On May 14, 2016 |
There's time for every thing. The only constant thing in life is CHANGE. |
Politics › Re: Fuel Stations in Ibadan Deserted And Closed Due To Low Patronage by gen2briz(m): 3:38pm On May 13, 2016 |
They'll surely experience low patronage when they want to sale above #145/ltr |
Phones › Re: See How Facebook Decides What Appears On Your News Feed by gen2briz(m): 1:12pm On May 13, 2016 |
@op, you moniker says wisdom but Where's the wisdom in the your post. |
Celebrities › Re: Woah Girl With Striking Resemblance To Tiwa Savage Is Causing Uproar On Facebook by gen2briz(m): 1:07pm On May 13, 2016 |
Someone should help me out ooo, am not seeing any resemblance |
Celebrities › Re: Davido & Bred At Coco Adeleke's Wedding by gen2briz(m): 8:39pm On May 12, 2016 |
[quote author=Daminaj1 post=45562634]#BloodIsThickerThanWater[/quote
What about fried blood |
Politics › Re: Fani-kayode In ‘tears’, Confesses In EFCC Custody by gen2briz(m): 8:32pm On May 12, 2016 |
Davbams: Who can battle with d Lord?
Lol
Olodo.
He no wan go prison. No mind him, EFCC should let him have access to Internet so as to update his fans how the battle is going. |
Politics › Re: Lai Mohammed Begs NBC For N13Million Loan For China Trip - DumebiIfeanyi.com by gen2briz(m): 8:20pm On May 12, 2016*. Modified: 8:36pm On May 12, 2016 |
Oloriburuku mani awon people yin ooo
Tomato e no dey Light e no dey Masquerade job, e no dey Fuel, e no dey Salaries, unpaid #18000 minimum wage, e remain. |
Celebrities › Re: Davido And His Dad Deji Adeleke In Agbada by gen2briz(m): 3:46pm On May 12, 2016 |
Owk oooo |
Politics › Re: Nigeria Spends N14,000 Daily To Feed Each Prisoner — Minister by gen2briz(op): 3:45pm On May 12, 2016 |
#14,000 daily for one prisoner #18,000 monthly minimum wage...
All is well |
Politics › Nigeria Spends N14,000 Daily To Feed Each Prisoner — Minister by gen2briz(op): 3:42pm On May 12, 2016 |
Nigerian government is annually spending N10billion for feeding of prisoners in the country, minister of Interior, AbdurRahman Dambazau has said.
With the country’s estimated prison population of 57,000, the government is roughly spending N14,000 for a three-square meal of each prisoner per day.
Speaking at a town hall meeting in Kaduna on Tuesday, Dambazau said his ministry is searching inward to see how it can harness some revenue sources in the sector to complement government’s efforts.
“It is unacceptable for government to be commiting N10 billion every year on feeding of prison inmates,” Dambazau said. http://www.dailynigerian.com/2016/05/10/nigeria-spends-n14000-daily-to-feed-each-prisoner-minister/ |
Politics › Re: Petrol Price’ll Go Down In Six Months – Kachikwu by gen2briz(m): 2:03pm On May 12, 2016 |
Humm |
Phones › Re: See What A Facebook Group Admin Posted On His Group by gen2briz(m): 1:58pm On May 12, 2016 |
This is what you get when the group Admin has invested so much on e-book trying to know how to make money online via Facebook. |
Politics › Re: Senator Ben Murray Bruce Thought On Fuel Subsidy by gen2briz(m): 1:45pm On May 12, 2016 |
Keke rally on point.... |
Phones › Re: SUBSCRIBERS BEWARE: How MTN Defrauds Nigerians Of Millions Of Naira Daily by gen2briz(m): 12:06pm On May 11, 2016 |
musicwriter: All of them are the same. Airtel also auto-subscribed me to Guardian news daily without warning. Called them to stop it and they refused, but I texted the stop code myself and it worked, fortunately.
However, they hooked me on another daily N100 subscription for what I know nothing about. Have made every effort for them to stop deducting N100 everyday from my account, and when they refused I stopped recharging the line. Let me know how they'll take the money. Hummm, I pray you don't have emergency and the only line to recharge on is that line. They'll sum up the money and deduct it once your recharge it. Imagine MTN telling me am still owing them #540 for newsline alert at #30/week. |