GenOrumov's Posts
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When they jail journalists or bloggers, people will accuse the authorities of bullying and misuse of power! Where in the story did the lawyer beg Saraki to enter the dock? Where for Christ's sake? Una no dey hear word abi... Continue..... |
Commissioner for Transport will have his work cut out with the current traffic situation in Lagos. I hope these appointees build on Fashola's achievement and make Lagos a state to be emulated by other states. |
These solutions are the most practicable so far and the shortest cut to the traffic situation in lagos But unfortunately.... Only no 12 is applicable in this list. |
OldJohn:Mr. Man, don get me wrong. We are here to talk about old people employed as street sweepers. Nowhere did I say youths should be employed as street sweepers. |
OldJohn:Just to ask you are question, how many old people (60 and above) can do a strenuous job like sweeping expressways or dual carriage ways filled with crazy drivers? In a sane clime, these grandmas shouldn't be working but be taken care of by the government. |
@ laudate Its great to learn that you too are intelligent and well informed against portfolio investors, bankers, currency speculators, some manufacturers and greedy capitalists who have had their source of earning MORE MONEY blocked for the time being. Imagine the government agreeing to devalue the naira and thus set a date for the commencement of that policy, you will see that these bunch of capitalists mentioned above will go ahead to buy all the dollars in the market in anticipation of the windfall that they will benefit from. The anticipation of the devaluation exercise was part of the reasons why dollar was so high to the naira some months ago. @ Realdeals "but government is not just about business but protection of the interest of its citizen especially the larger populace" You couldn't have said it any better. Thumbs up. @ Hakagure My point is before we devalue our currency, we should diversify our economy so as to ensure what happened during Babaginda's regime doesn't happen to Nigerians again. So until we can't postpone the evil day no more (we won't even get to that evil day if we start that diversification today), I support that we continue to use our dollar reserve (dollar that won't even enter my own hands but will end up being looted by politicians and their croonies) to protect the naira. |
Sorry I didn't bother to read the whole article except the ninth paragraph which listed the effects of pegging a country's currency as against other currencies because I still stand by Buhari's decision not to devalue the Naira. Pardon my ignorant view. I am not an economist but you don't have to be an economist or be learned to figure out that Nigerians (the middle class and the poor which are in the majority) will be doomed if that happens. The rich will get richer while the poor will get poorer. For God's sake, we all know that devaluation is the right thing to do in a sane clime where "all things being equal" but you and I know that all things are not equal in Nigeria e.g 2+2 is not 4 The effects you listed above let me take for instance - drives up cost of capital As an entrepreneur myself, I feel the pinch of having to spend more in my quest to grow my business but from my own point of view, that will be nothing compared to the hits I will receive if the naira is devalued as a result of the spiral effect of that decision. This further goes to buttress my point that the rich will get richer while the poor will get poorer because as a business man trying to stay in business, I will transfer the burden from my business to the consumers. While I get rich, they will get more poor(er) *i have other sentimental reasons why the naira shouldn't be devalued but tired to be compelled to go beyond this point at the moment. Parting shot - Before the naira is subjected to a debate whether to be devalued or not, the government should have put other things in motion e.g the diversification of our source of income from crude oil alone to other things. |
FoRgEteD:I go like subscribe to my gateman's tea which he drinks like once in a week. Him behaviour dey change after him take am whenever I see woman for him shed. |
TonyeBarcanista:No be under una role model dem almost takeover Borno and North East. Count how many towns dey your village and multiply it by 3/4 (3/4 because borno state may be 3 - 4 times bigger than your state). |
sweettease:Maybe you were lucky but I know someone that went to Somolu LG, Lagos State and got a fake one from those hustlers at the gate and guess what.... She was denied a visa by the British high commission just for that. Anyone that wants to go to any government office should for documents of this nature should ensure they speak with someone seated in the office and not those hanging around the entrance to the building lest you fall into the hands of scammers. |
The number listed by the husband and wife does not balance up. So who is lying between the two of them OR The composer of the joke did not realize it doesn't add up. |
odinese:Is it the same government who did not provide water, light nor good roads for these home owners will now force them to paint their houses?? I will personally take them to court if they try that nonsense. |
stevecantrell:I agree we should give him more time. He must not disappoint us. @ chinchum, I agree wit you too. We always lampooned Lastma because it seemed they were too high handed. But their presence under Fashola brought sanity. Unfortunately, the Lastma under Ambode is like that of Rivers State. The traffic jam in Lagos is now the same thing in Rivers. Ambode's model of tracing offenders home is the way forward provided the technology is on ground. I think this proposed approach is the cause of Lastma's inefficiency. They are intentionally sabotaging the governor's effort because there won't be side runs for them under this new system. |
stevecantrell:Ambode needs to seriously wake up! It seems Fashola's shoes are too big for him to occupy with the current look of things. I agree it may be the cash crunch but he needs to not lower the bar Fashola raised. The most annoying is the uselessness (permit me to use that word) of Lastma. I used up to an hour just to make a U-turn at Mile 12 this evening and guess what, it was those silly Danfo drivers and do you know the most astonishing thing, Lastma officials were just a few metres from where these buses were waiting and didn't do anything to correct them. I have a serious headache now and I blame Ambode. True talk! |
Saraki seemed to have won the battle but looks like he will lose the war. Winning Round 1 is not an achievement but lasting till Round 12 and going on to win the bout is the achievement. Its left to be seen if he will scale past this Round 2. And for senators that want to decamp to PDP because of Saraki, all I have to say to them is I pity them. They better leave him to face this fight alone before he drags them too to an early political grave. |
The guy dey talk like full almost all the time |
DONMAYOR19:Don't you know that in our moments of happiness we can do things that can be termed crazy just to show how joyful we are? And you think a woman of 92 years will be afraid of death at that age?? If she passes away today, it most likely wouldn't have been because of her trip to the inauguration. |
idinye:Even though I'm not knowledgeable about the workings of a courthouse, what I'm sure of is that the judge is the head of a courthouse therefore whatever the judge says there is final. You do not have to have been to a courthouse before you know that you cannot just go in there and take pics and videos without permission (because of security reasons) despite there being a public place. As no man can come into your house to film it without your permission is the same way you can't go to a courthouse and behave in any manner you like. |
Bluetooth2:Anybody can't help anyone if he/she hasn't been designed to do so. The truth is life is very cruel especially in a place like NIGERIA. |
Do you know what I have come to realize? Those that hate you for no reason are just envious of your success. All enemies have done is just talk about buhari but let him give them a chance to come and chop, their opinion and words about him will change like in the case of this Deji. |
EdCure:He claims to be more popular than Chris Okotie, I dey laff o.. With the popularity Okotie currently has, I can bet you that he would have been more popular than this if he remained a musician. That guy had cool songs before he dumped the stage for the altar. |
Shine1177:Pardon me. I know not all companies in Nigeria are listed on the Stock Exchange. Yes the company was shut down in 2008 but while it still existed it did business in hundreds of million dollars. Were the directors not paid off? Whether existing or not, whether it worth is less than a tissue paper or not the issue, did PMB declared it? The law says he should declare his asset and liability.if you say he should declare his asset and you unearthed an asset that was shut down in 2008, then how can he declare in 2015 what was shut down 7 years ago and doesn't exist any longer ? My point is how many more of such is not known to the public?This was not your point when you quoted me the first time. |
Shine1177:Don't be an olodo. I expected you to give me the total value of the listed stock that is even if the company still exists and still listed on the stock exchange. Take for instance, Just because IBB has a share in let's say Mobil and due to the drop in oil prices, the share price of Mobil will not drop just because almighty "IBB" has shares in it abi? Is that what dictates the share price of companies? Don't let me say you are dull o.. |
What's the total value of the share sef? I guess it will be worthless in monetary terms. If this is the only asset that Buhari did not disclose then I will say baba at the moment doesn't have any case to answer. |
Gods300men:Thumb up. Only smart businessmen understand that concept. |
free2ryhme:Borrowing isn't bad. Borrowing for a consumption loan is what is bad as you have rightly said. Aren't you aware that it is money you use in making money. Go and ask Dangote. All the cement plants he's opening all over africa, do you think its his personal money he's using? The ability to pay as at when due is what should be considered when borrowing. |
barcanista:It amazes me how you think we should just take all the elderly ones with solid experience, send them home despite having something relevant to offer no matter how small it is. What you should be advocating for is more opportunities for the youths, top positions for the youths that merit it and not "man no man" system that is currently in place. |
jonaji:Sorry mate, I didn't find your caption funny. No harm intended. |
I now believe a set of Nigerians are getting dafter by the day by the points they always try to prove. |
They dare not! That action will set this country on fire. |
Op, na sand full u and ur likes brain. |
We all know our Governor, Fayose is a noise maker and an attention seeker. Only 5 percent of what he says should be paid attention to. |