₦airaland Forum

onatisi:
This is the greatest mistake the south west will be making. The north and buhari are just waiting for them to make this move .

The problem is the public hasn't been shown what really happened to cause problems between the CPC bloc and the ACN bloc, you must understand it must have been something serious , as to warrant the CPC bloc to run backwards and start showing their hands early . what does Tinubu really want ? watching Atiku lately,and his views about restructuring, i suspect that is the main bone of contention here. as it stands , in APC today, the yoruba's cannot get True federalism with the present government, and the way the CPC faction is seizing the party machinery makes it important for the Tinubu faction to pull out early and build a new platform.

very sad...RIP

Explorers:
inflatable raft and hiking boot?

The raft is definitely important in case there is a sudden need to leave the island for short distance, and how long can one survive in a jungle or island without boots ?

knightling3:
There is a man found dead in a circular mansion. The detective interviews the cook, maid, and babysitter. The cook said he couldn't have done it because he was preparing the meal. The maid said she couldn't have done it because she was dusting the corners. The babysitter said she couldn't because she was playing with the children. Who was lying?

Cook

Explorers:
2.

Hiking boots, inflatable raft, knife and the rifle

badman007:
Right, Shiites are the terrorist while your suni brothers are the true lovers of peace, Clap for yourself.

You should be ashamed of yourself.

read my post again and try to understand , or read my other posts on the same issue

jakiedudu:
So what's your point Where did you get your statistics from

my point is there clearly for you to see, i do not want to state the exact situation happening, however i am giving out pointers to the events that have happened so poeple can correlate them together. Boko Haram was started by we all know who, but they couldn't control it because boko haram went wild and became the most dangerous terror group in the world, with international backing. they completely destroyed jonathan's government and were holding territory as large as belgium. however all this changed immediately the new government came in, and before you know it, boko haram were pursued back to sambisa, they were fully degraded and their capacity for suicide bombing reduced drastically. few months ago, they got splintered again, then shekau announced with sadness that he was surrendering ( the same shekau with 9 lives ) , this week 21 chibok girls were released . meanwhile in the beginning of this same govt the military started a clampdown on the shia sect which started with a funny reason such as right of way. they then arrested their leader Zackary, and started their clampdown on the sect since then. why did the Sunni's stop their sponsor of boko haram , and what are the sunni's getting back in return ?


http://www.vanguardngr.com/2016/08/how-shekaus-surrender-has-thrown-boko-haram-into-leadership-tactical-confusion/

jakiedudu:
When did Nigeria became an Islamic country

of course, you can't ignore the population of muslims in Nigeria, from the North to the south, the sunni's have continued their war against the shiite sect in Nigeria, as they are currently battling them in syria and yemen

eph12:
You saying the shittes are behind boko haram?

Think deep man, look at the international dimension to it, Boko haram had international backers, now they are reduced to arguing over who leads them, while the Army keeps finishing them off in Sambisa, meanwhile the total clampdown on the shiite steeped up immediately the present government took off. it is just the same iran (Shittes ) and the Saudi coalition ( sunni ) fighting themselves , and Nigeria has become the new darling of Dubai and Saudi .

madridguy:
Hadith on Brotherhood: The believers are like one body in their love, mercy, and compassion for each other.

An-Nu’man ibn Basheer reported: The Messenger of Allah, peace and blessings be upon him, said, “The parable of the believers in their affection, mercy, and compassion for each other is that of a body. When any limb aches, the whole body reacts with sleeplessness and fever.”

Source: Ṣaḥīḥ al-Bukhārī 5665, Ṣaḥīḥ Muslim 2586

My brothers in the North should stop this barbaric killings all the name of the useless Sunni/Shiite ideology. This same political ideology is tearing apart the whole Arab countries. We are just getting over Boko Haram problem and we are cooking up another form of terrorists war.

There is no way we can move forward without respecting each other. I don't care if Shiite believe in the Sahabah or the wives of the Prophet of Allah PBUH all I want is PEACE.

I am a Tijaniyyah but I stand with Shiite on this.

if you are a keen observer , you should have noticed the correlation between the destruction of boko haram , and the Nigerian government clampdown on the Shitte muslims.

The best men get ganged up against, while the Nation bleeds on, drip by drip, until the inevitability .

FagsamPHP:
Not her fault tho, that's what she's paid to do.... I have only one prayer for her "May her Life & that of her children(if she has any) be ruled the way Buhari is ruling this country aground" (amen)........

See her face self like Amala

well, may your life be the same way Jonathan left Nigeria

The presidency showed their hands too early, whatever gave the north the opinion minnows like fayemi or fashola who are pure technocrats can replace Tinubu's political influence or structures in the southwest come 2019, it is laughable, silly and foolish of them . Now in addition to the new PDP faction which is tactically tackling the government from within, the ACN faction will start to sabotage the government from within also. All blames lie squarely on the President, even if you are not a politician, common sense should have told him who to pacify the most in the mix, all he does is listen to OBJ .

The heat is on.

TonyeBarcanista:
You can't restructure a party when the President is bent on listening to those with intent to frustrate you out. what was Buhari's response to Faleke issue? What about Ondo? Why did he reject ALL BAT's ministerial nominees in favor of BAT's adversaries?

Man, BAT should pull out and join forces with us(PDP). Politics is about interest not sentiments or emotions

The realignment Is going on underground in Yoruba land already, the call by FFK was just a public call for it. That is why Fayose rarely attacks Tinubu's camp.

http://www.vanguardngr.com/2016/01/why-i-visited-aregbesola-fayose/

idupaul:
I didn't even read the article was just stating my own side

Sometimes you make some reasonable comments, at other times like this you make such silly ones that make you appear unintelligent, the article stated 2006 till date, yet you blamed Buhari immediately, your critism has to be constructive, you just can't keep on blaming Buhari for everything, especially sometimes when he is trying to do good, do you honestly want us to keep treating this foreign companies as gods ? MTN kept millions of lines active after the registration deadline, and it enabled terrorist, kidnappers, armed robbers and all sort of illegal activities to go on without being traceable, the country regulatory body then imposes a fine on them, and you blame the country leader, can MTN try this in an european market without dire consequense for the brand , do you know what volkswagen is facing in Europe right now ? Please try to be objective in your reasoning, because whether it is Nigeria, Biafra, Oduduwa republic or any other country, MTN has no right to trample on that country's law .

The call for true federalism is growing, but the federal government find it so hard to restructure the country, what are they so afraid of ?

real Nigerians know who is to blame really, that is why inspite of the hardship going on in the whole country, the people are just taking it in, someone said in the other thread that it seems a spell as been cast over Nigerians, but the truth is Nigerians are complaining but be rest assured they will vote Buhari into power again come 2019, that is why the present government will keep releasing mind boggling corruption details perpetuated by the previous government .

azimibraun:
We Nigerians? Dude speak for yourself. If Buhari is bdluck wht then re the saboteurs hell bent on making Buhari fail not minding the consequences on fellow country men, women, youth an children? Bros speak for you.

There is no spell, it is because the beginning of GMB admin opened up how PDP finished the country to recession, how do you want Nigerians to go on strike when they can see everything boldly, is Buhari a magician ? as long as the militants keep sabotaging the economy in this time of recession, they keepgiving APC an excuse.

Balkan:
On the contrary, we do not hate Hausas, we voted for Shagari, we voted Obasanjo also Yaradua. We only hate Yorubas because liar Muhammad is a saint where they are. They are chameleon

ass licker, see how you are throwing the Hate word about, Hate is a very powerful word to use, listen to yourself, you hate Yorubas because of lai mohammed .

supersystems:
It would seem too direct to blame the CBN,it is however reasonable to take into account that directors of banks are active components in the CBN decision making. For the past 2 years even before Buhari came,the MPC have been super inconsistent and it seems there are forces choosing to keep the system in chaos or they just choose to be effective however in many cases,the CBN chief is just a figurine that takes the beating for decisions made by a large group. Especially when he's not a strong figure,while the CBN chief is also a conservative person owing to his records as Zenith chief we have a conservative president and people who are fat and not creative than have sat in important committees thru the years. It is not without saying it is constructive and creative thinking tht produces good decisions that can lead the coutnry out of the gloom. But i agree with an earlier commenter Nigeria is kick and follow we dont have thorough follow thru guideines and codes we stick to. Just about anything goes

The truth is that CBN has a problem with flexibility, they stick to the wrong approach too long, CBN is always so slow about changing a policy that isn't working, why should interest rates be so high when we are trying to get out of recession , TSA has mopped up a lot of cash out of circulation, CBN should be looking for how to get people to start spending so as to jumpstart the economy, but the exorbitant rate they are lending coupled with the present inflation is simply holding people back .

agabusta:
This guy has made some good points. Our CBN is not doing enough. The CBN made a lot of mistakes in 2015. PMB also contributed to these by not forming a cabinet on time and indirectly leaving the entire economy in the hands of the CBN.

he obviously made some valid points the CBN should take into consideration, but i have noticed there is no flexibility in the present economic policies, they take too long changing a system that doesn't work, and they keep making mistakes that look silly even to a lay man.

Some people blame the Minister of Finance for our economic woes, some blame the Minister of Budget and Planning, yet others blame the CBN governor. Who do you blame?
Blame the CBN governor. The MPR at 14% is too high. The over concentration of the CBN on forex market is uncalled for. Let it fall where it belongs. It may engender hardship, but are we not in hardship already? We are already in recession. The third issue is the CBN’s directorate of banking supervision. It is grossly incapable. It is too small to supervise the banks. They should copy the examples abroad and create specialist agencies, and that is why I recommended Prudential Regulatory Authority.
If the monetary policy of the CBN is improved, it will have massive impact on the economy. If you are lending at 6%, then you can borrow money. The CBN governor, with respect to him, needs to revisit some of these policies. And then do quantitative reasoning, which is the ABC of any econometrics. It is what you use, the tool you use to correct all the imbalances in the system. In the case of the finance minister, I would like to see strong fiscal policy, which will discourage irrelevant programmes. For the budget minister, no cheers at all. We are almost at the tail end of the year, but 80% of the budget is not implemented.

There is something wrong if somebody at my level cannot access cash. Who are the people accessing cash? This is because you need cash to grow business?
If we have to get out of recession, I hereby recommend what Franklin Delano Roosevelt, FDR did back in the great depression days in America. He summoned Congress and made a great proclamation, and said we have to fix this economy. I will appeal to our president not to consider this Emergency Powers Act that is being proposed for a number of reasons. You will recall that when we had this recessionary trend under ex- president Shagari, the Economic and Financial Stabilization Act was passed, which was almost the same thing as this one they are floating. It failed. It is not in an Act. It is in the policy. It is in the trade policy. If your trade policy is so ambivalent and uncertain that someone like Erisco, Africa’s largest tomato manufacturer has N6 billion worth of tomato sitting in his warehouse, because it is cheaper to import it; then there is a problem. The trade barriers are so low that, why would anyone want to manufacture tomato? You buy it from outside and sell it cheaper. And that is the problem. The CFA to the Naira has crashed. The recession that is in Nigeria has spread to Benin Republic. Benin was giving us about 75% of our vehicle import necessities. Yet we have ports. But no one wants to use Nigeria’s ports because the bribe you pay is equivalent to the cost of the car. Of course there are no roads in Apapa. If we are growing the economy of Benin Republic by contributing 25% to their economy, you can see the damage that we are suffering. To close the leakages simply requires a strong president. Another thing is, if you go to the hospital, and the doctor tells you that you are anaemic, there is only one thing you are going to do. How can the government do austerity programme? An austerity programme means pulling money from the system. Money is the oxygen. So MPR (Monetary Policy Rates) pulls money, interest rates for treasury bills that are almost 10%. Banks, therefore, prefer to buy treasury bills. They are not going to give you money, when they are not sure you can pay. It is easy. They just go and put all their money in treasury bills, Government bonds, sovereign loans, and all that. If they do all that, it means that there is nothing left for them to give to the real sector. Again, government must be clear as to what policy it wants to pursue. There is only one way out of the recession. That is a massive bounce. You have to bounce the economy.

Former president of the Nigeria Bar Association, NBA and acclaimed pro-democracy activist Dr Olisa Agbakoba tells of the magic wand that will pull the country out of the economic woods by the middle of 2017. The maritime lawyer, who is also a graduate of the London School of Economics, speaks on those who caused the downturn among other economic and sundry issues. Excerpts.

What is your personal diagnosis of the nation’s slump into economic recession?
We have this complicated, endemic, malignant, metabolic economic recession. To understand that, and proffer solutions to it; the single biggest culprit in our present predicament are the banks. During the great depression in America, banks were busy speculating and trading. But, the president, Franklin Delano Roosevelt, got the Congress to pass a law – the Glass- Stegall Banking Act, directing banks not to speculate or trade, but lend. This strictly restricted what banks can do.
To what extent are the policies of government complementary to the problem? How can the nation pull out of the recession?
This morning,( Tuesday, September 7, 2016) the Special Assistant to the Central Bank governor in his policy speech on Channels Television was talking as if he is the managing director of a bank. They are investing in Agriculture; they are producing rice, they are doing this and that. I said, what is this guy talking about? The work of a commercial bank is to lend. But if you don’t regulate; even in your own profession, if you don’t regulate any profession, it will go haywire. So the problem with the Central Bank of Nigeria, CBN is that it must have more cohesion in regulation. In the UK, their own central bank; the Bank of England created a special supervision agency called the Prudential Regulatory Authority. That is all they do. You may wonder that all the money that the CBN pumps into the system – airline intervention fund, electricity intervention fund; the banks don’t lend them out to the sector that needs it and at the required rate, which is single digit. The banks lend them as ordinary commercial notes to the big cartels; the big investor cartels, therefore, starving the very people for whom the loan is intended like the SME’s (Small and Medium Scale Enterprises). So, no wonder the system is bleeding. No nation can afford not to regulate. In Kenya, the central bank there regulates the lending rates. I am not in support of that in Nigeria, but has it occurred to you that the Federal Government of Nigeria is the biggest generator of money, but it cannot control the rate at which money is lent. So they put the money in the bank, and the bank lends it right back to the government at very high rates. In order to deal with that problem, the government through the Treasury Single Account, TSA is depriving banks of liquid cash. That will not solve the problem, because the TSA funds are sitting idle in the CBN vaults. What the government should have done is to tell banks that this is our money. We are giving it you, but your lending rates must be 3%.When the British government found that it was difficult to cater for school leavers, they set aside £20 billion, and picked four banks to handle the process. They told the banks that we cannot lend. You know how to do it, but do not exceed 2%. That is how to stimulate the economy. Our biggest challenge is financial pep up. Apart from that, the second big challenge we have is that we don’t have a body of economic advisers. If you know any, you can tell me. The only body constitutionally recognized in Nigeria is the National Economic Council. They meet once in a while. That is a body that has absolutely no business in directing the affairs of the economy of the nation. Check out the composition- the Vice president, all state governors, former presidents, etc. We need to have a Council of Economic Advisers made up of doyens and experienced men in econometrics, statisticians etc. They are the ones who plan the model of the economy. The absence of this is part of the reason we have low reasoned economic policy. We also need to be in a position where the country’s monetary, fiscal and trade policies are clear. I don’t understand how the Central Bank thinks that without printing dollars they can control the exchange rates. They simply can’t. The Diaspora returns into Nigeria every year, to the tune of $20 billion, where does it go? It is round tripped, because the CBN claims that they can regulate. If you become the managing director of a bank, and I am buying forex at N200, and I see that if I go out there I can sell at N400, I will do that.

http://sunnewsonline.com/recession-how-nigeria-slipped-into-mess/

ultrarich:
I am thinking we should creat a what's app group to entertain some discussion and interaction before the date of the training, if you support, kindly leave your what's app nos as reply.

dapson924real@yahoo.com 08072221966

Pavarottii:
Lol, u brought so low to English language. Unfortunately for u. Am more intelligent than ur president.

actually the joke is on you .

Bethelwealthy:
a man who would be lost forever is a man who cannot retrace his steps!
Assuming PDP caused this recession, what effort and policy has any seen this govt. put in place as a reaction to this Painful experience? Nothing!
.****
Put ur hope on a govt that has nothing to give and you'll die hoping.
Am yoruba too, Betrayal has become our second nature. Its as if we cant take decision without the north, its pathetic.

you are a small kid, do you even realise politics is about interests, how Can you talk about betrayal, the same People who voted for Buhari Can still vote against him by 2019, would you then claim they betrayed Buhari or the North, politics is a game of interests, and i don't think you Can understand that fact, now run along to your other Ipoop friends and do what you know how to do best. coward

Smellymouth:
I am very proud to be a Nigerian and very much so that if I had the opportunity to be reborn,i'll still choose to be a Nigerian...

The same people who rated us amongst the poorest people on earth,the most corrupt nations, the countries with low life expectancy,etc..also rated us amongst THE HAPPIEST PEOPLE IN THE WORLD!

GOD bless the Green white Green!!!

confirm bro, only true Nigerians Can really understand the Nigerian spirit, whether you be yoruba , Igbo or hausa, as Long as the Nigerian spirit is in you , you Will thrive anywhere .

vikkeee:
Me having a dream does not mean I don't work

just advising chief, dreams are not achieved with the eyes closed, that is Why it is called a Dream .

vikkeee:
Anything I close my eyes all I see is me being chairman of group of companies. Can't wait for it to happen

open your eyes dude, and get to work

gift01:
Can someone pls tell me the source of his wealth cos am not sure its only his music

he also has a shop in alaba. mtcheeew