₦airaland Forum

mrvitalis:
Good afternoon everyone

I for one dont see the use of FDI for a developing economy at all

In fact FDI is anti development for a developing nation

FDI only makes sense if the investor relocats ans stays in the place he is investing

For an economy to grow ( money coming in -money going out) >0 ....

It's that simple

So am economy X worth $### ... And investor invests $100 ... The economy of X becomes $###+100

But that same investors takes out $1000 over 5 years in profit

All this being equal the economy would then be $###+100 -$###+1000 ... So the economy decreased by $900 dollars


The best way to grow and economy is to give your people ( that's have show capacity) credit to start to produce a) things you import at a comparative rate b) things you can export

It's not rockets science

RevDesm0ndJuju:
There was an auto calibration after the Presidential elections that saw most non Ibo Obidients ditching the Obidient movement after the crass and unruly behaviour of the Ibos in the Obidient movement and their open boasts to seize Lagos for themselves.

If you don't believe me, then how come Yorubas in Lagos who voted Obi in the presidential elections were labelled tribal bigots for rejecting GRV ?

If elections were to be conducted today again, I can tell you for free that Obi will not win outside his SE zone and it's all down to reckless statements and actions by the Obidient mob.

mejetov422:
Some south wa-ste people nor go like this news o



In other news them dun add Nigeria join those that forges result.


No thanks to that she male of a president

Ofunaofu:
According to Agbadorians, Tinubu's certificate submitted to INEC issued by certificate vendors

Ttalk:
Atiku is a book that should not be read, a stillborn, an aborted dream, and a born failure whose destiny is bound to fail.

All of his political journey pointed to too many avoidable mistakes.

He chose to fight the wrong people.

Chooses the wrong time and has always made the wrong decision.

It is rumored he slept with the wrong gender and traveled at the wrong time to the wrong places.

He fights the wrong people and keeps the wrong people.

Make Atiku a general, and he would destroy his battalion with stray bullets, an Atiku as a pilot, and expect a crashed plane.

Atiku's too many poor decisions are a red flag for a sane mind. He alone should pursue his lost battle

TemplarLandry:
Hellu Pee crawlers, where are you?

I dedicate “Chop My Money” by (Hellu) Pee Square to you dumbos.

kk2027:
Could that be why dollar is about ti hit 5k

I think Nigeria should eschew pride and beg Igbos to rescue the country

blabulu2000:
Since your life is a disaster and meaningless...you want the whole economy of the country to be on hold...

Keep striking in your room... you are jobless and erratic....enjoy your strike with your family...

People who have a.meaningful things to do want to go to work tomorrow

Yobabad:
Monopoly is never good in business, the license of Ibeto cement should be restored back to him

AntiTerrorist:
Obi can never become president? Why do you say so? Do you have supernatural powers to see accurately into someone's future? Why do you think speaks through his nostrils again? And does that relate with the topic of discuss? Why do you live and sleep on Nairaland 24/7? Who is bankrolling you? Do you care for a good job?

Dreal1247:
I think the APC should meet Dr Chris Ngige for lectures. You can never steal what belongs to Obi and succeed. He is a political game changer.

Persephone1:
Okay...

All these goodness yet our Nigerian brothers either go back to Nigeria to marry or they end up with fossils.

No problem, when you are done deceiving yourself you will move away from your magic mirror.

Phantom233:
Op is a drunkard... Even if such news is true, how does it affect the economy? 2milion token you keep crying about wasn't introduce by Akpabio, I don't think such money can sustain him for 24hrs cos has been a multi billionaire as a governor.

Razgas:
Anybody born in the 80s should know this. Abacha and Babangida ran drug cartels in the 80s when the crack epidemic in U.S was at its height and Pablo Escoba was arguably the richest man in the world.
The two generals were pencilled to be retired by Buhari because of this, hence the 1985 coup and Abiola's involvement in it.
Tinubu was a mid level executive for Abiola's drug operations in the U.S
Those who accused Igbos of being drug dealers should learn their own history. Besides, cocain is a commodity.

Hedonisco:
If there's a defining ethos that the Yoruba race can claim to be noble, admirable and paramount, then Mr Dele Farotomi embodies it. He is the closest present day semblance of the great Gani Fawehinmi that I can find.

We will never forget.