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GeneralDae's Posts

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PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 11:01am On Mar 12, 2024
Analysts on the Nigerian Economy:

"High domestic inflation rates projected for Q1-Q2 2024, but potential relief in Q3 with asset sales or leases, likely boosting GDP growth to 2.9-3.1% by year-end. Analysts foresee a stronger economic trajectory compared to 2023".
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 10:58am On Mar 12, 2024
Deltamani:
Banyana Banyana veteran defender Noko Matlou believes South Africa will qualify for the 2024 Paris Olympic Games.


Speaking to SABC Sport, Matlou is confident that they will make it to the Games after missing out on the last Olympics in Tokyo.


''I believe we have a chance to qualify for the Olympics, I do believe we will qualify,'' said Matlou. The last time these two nations met in the Women’s Africa Cup of Nations Group stage clash in 2022, Banyana won 2-1.

''We played Nigeria a few times, and we won the last four games we played against them - favour is on our side, we will do well against Nigeria,'' added Matlou.

''We are grateful for the Hollywoodbets Super League, we can see the results and the growth of women's football. You can even see with the players that get call ups for the national team,'' said Matlou.

Banyana coach Desiree Ellis mentioned to the media during the Hollywoodbets Super League launch that it is becoming harder and harder for her to select players for the national team because of how women’s football has grown in the country, the Limpopo-born defender agrees.

''A lot of players are growing in each and every game, and that is the most important thing, so that the coaches can have a headache when selecting players. We can see the growth of women's football in South Africa and this will help the national team,'' she concluded.
They won 3 of the last 4 games against the falcons. Not all four games 🙄
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 8:56pm On Mar 11, 2024
Deltamani:
The Pace and Physical Strength have been the major advantages of this Players with higher testosterone level..

Maybe is time Nigeria starts giving Chance to some of the ones we have here cause I know too well that we snub them because of their physique and the fear of been accused of using Men...
Because of how successful we are on the continent, if we even bring one like that it would cause so much rift and there would be accusations left, right, and center especially from SA, Zambia, Cameroon, Ghana. Nobody cares much about Zambia now but they would have made a lot of noise about us.
PoliticsRe: Floating Of Naira Worst Economic Decision - PENGASSAN by GeneralDae: 10:43pm On Mar 10, 2024
Omowale2023:
Forces of demand and supply is what he said in his tweet, not floating the naira. There are 2 different things,
Floating naira is same as allowing forces of demand and supply.

PoliticsRe: Floating Of Naira Worst Economic Decision - PENGASSAN by GeneralDae: 10:41pm On Mar 10, 2024
netricoin:
Even if Peter obi said that he would float the naira, that doesn't mean that Peter obi will allow the naira to float out of control, one of the things Peter obi said that he would do differently from BAT was that he would allow the naira to float and control it at N650-$1
Then that is contradictory to allowing forces of demand and supply which he wrote about here.

BusinessRe: Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 by GeneralDae: 10:28pm On Mar 10, 2024
Ofunaofu:
Are you implying that subsidies are being paid on petrol as we speak? If that's the case, it contradicts Tinubu's inauguration day speech when he said, and I quote, "Subsidy is gone."
Subsidy was indeed removed in June and July 2023 but then the dollar was at 750. Now it is at 1600, so using today's dollar exchange rate, if you completely remove it again, you may be buying fuel at 1300.
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 4:41pm On Mar 10, 2024
PDPGuy:
😲😲

I guess the best way to beat them is to play a near-perfect passing/pressing game, just as the Japanese did at the World Cup.
There is no way that our present Super Falcons will match their physicality.
They are poor defensively though. Ghana exposed that.
BusinessRe: Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 by GeneralDae: 9:13am On Mar 10, 2024
cjfavour:
Blaming emefiele about all these is hog wash and senseless. Emefiele didn't stop subsidy payment without plan nor float the naira.
Stop deceiving yourself.
What in the post suggests I'm blaming Emiefele?
BusinessRe: Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 by GeneralDae: 12:02am On Mar 10, 2024
frankson1:
Could this have been sustained because it all goes down to sustenance of whatever policy or policies that will be taking to defeat this weak currency 'pandemic'.
The problem we have today is that our net reserves are low. For many years, Emiefele was able to hide this fact by not exposing the CBN books fully. So we only knew our Gross reserves at around 37 Billion dollars then but no one knew our net reserves.

With poor net reserves, we had no choice but to devalue as we were only postponing the rainy day. Emiefele probably hoped that the Dangote refinery would come onstream soon to provide the needed FX.

When Asiwaju came on board and he devalued fast, there was only a little hike in interest rate and Tinubu gave the idea that a lower interest rate was more preferable. This may have sent mixed signals to foreign portfolio investors and so from July, they didn't bring in the dollars like they used to. Add to that the revelation of the CBN books as well as the report by JP Morgan that our net reserves were just a mere 3 Billion dollars. This 3 Billion dollars makes sense and shows why we couldn't pay a 7 Billion dollars backlog.

Markets hate uncertainty and so investments continued to reduce. Speculators also now began to suspect the CBN was powerless to defend the naira. Added to that, the CBN was not settled and only had an interim leader. With all of these, the naira was definitely bound to fall further throughout 2023.

All of what Cardoso is doing now, if he had began with them December, maybe the naira would not have gone past 1300. But again, Cardoso is focused on clearing the backlogs and MPC meeting was going to hold so late (in February).

So to answer your question, I would say I agree that it may not have been sustainable.
BusinessRe: Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 by GeneralDae: 10:42pm On Mar 09, 2024
chaloskyx:
my question is why are other countries and outsiders determining the value of our Naira isnt that madness? can an african or Nigerian determing the value of the USD or Euro are you Nigerians not ashamed of yourselves in 2024 neo colonialists are still dictating your economy, who becomes your leader,yhe worth of your currency the strength of your passport and how you govern yourselves omo you Afticans and Nigerians are worthless fools abeg you should not exist as a people or Nation animals have more purpose and respect than you.
Methink you are overreacting here. Nobody stopped you or any Nigerian firm from stating what you think the actual value of the dollars or pounds is.
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 10:24pm On Mar 09, 2024
Deltamani:
This Zambians seems to be the No.1 Country with this kind of Built players.


Zambia Women National Team Midfielder Prisca Chilufya who plays for Liga MX Femenil side FC Juárez
Another Equatorial Guinea??
BusinessRe: Goldman Sachs: Naira Looks Cheap, To Appreciate To N1,200/$1 by GeneralDae: 10:07pm On Mar 09, 2024
Blakjewelry:
we know back then the naira was at a false state but at least it shouldnt have gone above 400 if they had float it back then, I believe these reforms will yield great benefits but again Nigerian politician are fund of spending recklessly when the going is good.

Defending the naira is bad for the economy. I watch some Singaporean politician talked about the time they were facing economic challenges like this, they had to make hard decision to pumping their reserve but they have to put in place measures to make sure some future politicians don't spend what they didn't accrue. Today they are enjoying the Fruit, though I must say the changes come at a very very bad time.
Nigeria has just two economic problems:

1) Lack of FX reserves
2) Poor Electricity Supply.

I still think before floating, we should have focussed first on selling the Warri refinery and one or two other assets to get FX. Then with such FX you can get the black market and official rate to unite around 600.
The official rate would just be devalued from 450 to 550 and with enough reserves, we could have brought the black market down from 760 to around 550/600.
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 11:05pm On Mar 08, 2024
Princezibk:
Pls update us oo
It ended 2-0.
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 10:49pm On Mar 08, 2024
The Brand new Massey Children Hospital taking shape in Lagos.

SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 9:44pm On Mar 08, 2024
🇳🇬🇲🇦| GOAL!!!

40' Adoo Yina doubles the lead.

Nigeria 🇳🇬 |2- 0| Morocco 🇲🇦
SportsRe: Nigeria Female National Teams' Thread by GeneralDae: 9:25pm On Mar 08, 2024
joxxy01:
Any link to falconet vs morroco?
Ghana put on only the men's game.

On International women's day for that matter. Dem nor send.

Anyway Nigeria 1 Morocco 0

Chioma Olise (18 mins).
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 6:17pm On Mar 08, 2024
The Construction of Nigeria’s 🇳🇬 biggest road infrastructure project in history, the Lagos-Calabar coastal highway (700km), has begun.

PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:18pm On Mar 07, 2024
POKUASI2:
A Ghanaian whose country is begging people to beg people that will beg imf is talking about economic issues.
You can't even sign your own laws because your slave masters have openly threatened you.
Your country is in an economic mess and IMF is your only lifeline.
The only difference between Nigerians and you docile buffoons is Nigerian are vocal.
A country whose parliament was in darkness during the state of the nation address is talking electricity.
You airport was thrown into darkness Last week which is an indication of the terrible state of things in your country.
Your country was so messed up that people, in 2019, tried over throwing the incompetent government..
And yes, those coup plotters have been sentenced to death by hanging.
You sef you dey find their trouble.
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 5:36pm On Mar 07, 2024
vaxx:
transferable of hardships is what Ghana don't want .

Ghana. Is a gateway
Gateway to what?
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 4:47pm On Mar 07, 2024
ChaosMagus:
Lol... you guys do not waist a second to pull the "size card" in any discussions. This is not about size my bro. Far more bigger and wealthier nations than nigeria have descended into anarchy. Trust me... it is never my intention to denigrate nigeria because of its issues, I will never do that. But tell me, when in the history of nigeria has the extreme forms of insecurity, youth umemployment, high cost of living, kidnapping, banditory, highway robbery, high inflation, looting all occurring at the same time. In the past all these issues occur one after the other and they existed in lesser magnitude conpared to now. You can correct me if I am wrong. I just pray our (Ghana and Nigeria) leaders are guided to make the best decisions that serve the interest of the ordinary man. Peace
These things are happening yes, but they happen and then they reduce for a while in certain areas.

For example, surroundings of Abuja and Mangu in Plateau were hot beds in December and January. Today it is some villages in Benue, Katsina, and Zamfara. In the past, there was sit at home in the South East and unknown Gunmen, today you hardly hear of them. In 2018, it was fulani herdsmen killing villagers everywhere. It's no longer at same rate it was in 2018 today.

In Obasanjo's time the biggest issues were Niger Delta Militants and we were always running in PortHarcourt. Sometimes you had Plateau crises as well or Southern Kaduna crises spring their ugly heads once in a while in those times too then subside.
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 3:50pm On Mar 07, 2024
vaxx:
This is what we don't want to experience in Ghana.
So what's your point?
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae:
ChaosMagus:
Must someone explain to you how a distabilized nigeria will affect the rest of west africa and ghana more precisely?
What do you think it would take to have a destabilised Nigeria? You think Nigeria is a small country that can be easily grounded by such issues it's currently facing?

In 2016, Nigeria had recession and 100% fall of the naira, were you also afraid then? 😂😀

In 2013/2014, Bokoharam/Iswap were dominant in a landmass almost the size of Belgium within Nigeria. Nigeria was fighting such a war within yet growing at 6% with single digit inflation. No destabilisation.

So it's more complex than you assume.
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 7:01am On Mar 07, 2024
ChaosMagus:
Come on man.. Your country is currently undergoing a serious economic meltdown, coupled with massive youth unemployment, insecurity, no electricity, theft and rampant looting of goods. Whilst Ghanaians are fervently praying it doesn't degenerate into something beyong our control, this is what you could write about Ghana. And for one to think you are typing this hate speech towards Ghanaians from your comfortable residence in Ghana is so bizzare. Any way keep it up. I never expected anything better from you people.

Did you say "shoe shine Ghanaians"... oboy this is not 80s oo. Ghana level don change abeg. You guys just can't come to terms with this fact, but hey learn to accept it.
Degenerate beyond your control how?
SportsRe: "The Super Eagles Thread: The Road To AFCON 2027, 2028 And 2030 World Cup by GeneralDae: 11:31pm On Mar 06, 2024
TheGoodJoe:
Actually my best Arsenal was not the early days of Wenger. That is Henry, Bergkamp, Kanu, Wiltord, Pires, Parlour etc. My best was the Hleb, Rosicky, Fabregas time. I think Nasri, Van Persie were in that team too. Also Denilson. Men the football was so eye catching.
Also amongst my best teams ever too (I just love Arsenal generally), but you know, people underrated that set because they hardly won anything. But they were phenomenal as well even leading to the Ozil Arsenal era.
SportsRe: "The Super Eagles Thread: The Road To AFCON 2027, 2028 And 2030 World Cup by GeneralDae: 11:14pm On Mar 06, 2024
TheGoodJoe:
Wow. Enjoyed the Man City game today and was most especially excited with the cameo appearance of Jacob Wright. I can't wait for Nigeria to churn out genuine midfield geniuses.

Keep in mind that this Jacob Wright is home grown and from Manchester.

With the right investment and management, I believe we can nurture and develop outstanding talents.

Jacob Wright. Remember the name.
Aside Mancity are you also interested in Arsenal (at least the Arsenal of Arsene Wenger)? seeing how you love sexy football.
PoliticsRe: Floating Of Naira Worst Economic Decision - PENGASSAN by GeneralDae: 6:24am On Mar 06, 2024
Blaze14k:
I just caught you.. you are a big liar tinubu never revealed his strategy. Why would you even think 2 people would do the same exact thing? But you insult obi and call him all sort of name,, that means it's tribalism that made u pick your choice nothing more.

Even most people who voted for tinubu didn't know what he was going to do except for the white wash lies he built lagos.

You guys should please stop saying Peter obi would have done the same cos both of them are not same people. And you yorubas are good at binging people down for no reason. Enjoy you leadership and leave obi alone
Tinubu have been writing of a liberalized exchange rate since 2020. Even Osinbanjo was of that school of thought. Tinubu also spoke of his determination to liberalize the exchange rate at Chattam House.
PoliticsRe: Worsening Economy: Stop Floating Of Naira Immediately, Sagay Tells Tinubu by GeneralDae: 12:19pm On Mar 05, 2024
BigDawsNet:
Mr Obi should pls borrow us his master plan... seems this current gov do not hav 1 single idea how to run an economy
This is Obi's master plan. Similar to the language of Cardoso and Wale Edun today.

PoliticsRe: Floating Of Naira Worst Economic Decision - PENGASSAN by GeneralDae: 7:20am On Mar 05, 2024
Abagworo:
None of them suggested absolute floating of Naira.
This is Obi.

PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:15am On Mar 03, 2024
Baller254:
a rare sight, a president that can do push ups, how many here can relate? grin

https://www.youtube.com/watch?v=kScpvzgRLI4?si=jV0EzktQykZk7C-f

PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:12am On Mar 03, 2024
68816419:
The train station is yet to be completed, the FG station will be used for the time being.
I thought as much.
PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 8:58pm On Mar 01, 2024
Blue line and Red line.

PoliticsRe: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by GeneralDae: 3:11pm On Mar 01, 2024
68816419:
Indeed, Lagos is rapidly developing LUE LINE - Marina to Mile 2 (done)
2nd phase of Blue rail ongoing: Mile 2 to Okoko

RED LINE - Oyingbo to Agbado (done)
2nd phase signed today: Oyingbo to National Theatre to connect with the Blue Line
Is the Agbado station in Ogun state complete? Or do they plan to use the FG station along the Lagos-Ibadan railway corridor?

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