₦airaland Forum

anonimi:
So sorry for you, bro.
This your HYPOCRISY just exposes how shallow you are, walahi.
Or maybe you think we have forgotten.
Sorry we have not and we will not.



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Oga photographer pls stop trailing me like paparazzi, am not Diana you hear?

Wao this was why fayose pursued PMB to China.

Fayose the hero of our time indeed

Waliers can never recover, we are already getting used to their wailing and so shall it be for many years to come

So what's the fuss all about for a while now. I think the media speculations are just too much these days

Almajiri1:
You have to publish how much your madam makes from her saloon or forever get stuck enjoying a life of eternal sycophantic existence.

Go and face your business dude and make your own damn money, stop being a busybody in another man's wife matter

ehissi:


Inspite of this, when time to buy Presidential nomination form for APC that year, na bank loan e collect!!

Now when he be president, he can now afford all things!! Including FOREX at official rate to pay for her school fees while other Nigerians - in the humble words of Adams Oshiomole - can go and die!!!

Well............God dey!!!

yes because you know all the details of his financial responsibility ba? na bad belle de worry una, nothing more cos according to you guys its when the man became President that his children started flying first class, na kabu kabu dem de use before

Almajiri1:
Very typical Nigerian mentality.

yes, a typical nigerian mentality that believe that because a wife of a former head of state owns a salon, she must be one petty trader that is using I better pass my neighbour generator to run her business, again get a life dude

Na today?

Almajiri1:
How much does she make from saloon shop business that she couldn't even loan buhari money to invest in his presidential bid?

you will just kill yourself on PMB's issues, get a life dude

gare:
Do you know how much is a first class ticket to the UK , when you talk about the father can afford it do you know how much is PMB salary, if not for corruption he would not be comfortable paying first class tickets for his kids all the time .

do you know how much PMB's wife make from her beauty makeover business? don't let PMB's personal wahala give you hypertension o, we still have 3 more years to go bruv

This is ignorance of the highest order nah, this is what all local govts collect for Christ sake.

Mod, should please take this thread down as its false and misleading

That 'mere commissioner' word was most distasteful, especially when he has not yet emerged as senate President, he had the audacity to call the number 2 person that derogatory word. The thunder wey go fire saraki still de gym, where are the mfm prayer warriors when you need them most, oya do the needful, what are you waiting for.

Fmartin:
The sin that pains the APC is the statement , ' my hands are tied' when he was asked to appoint, Ahmed Lawan, nd co. As principal officers.

no be only hands, his legs and his head are on the platter now

VoteDemiladgold:
Big man, big problem...


Same food you can get from mama put whch would still be delicious

when ewa goin de there, Tantalizer ko, forcanizer ni

moyakz:
OH,FG recovered monies from some looters?what an achievement!pls bro,kindly tell nairalanders on this thread what the fg has done with the monies recovered if itz nt a propaganda.

it was a propaganda according to you guys so no money was recovered, ok?

moyakz:
hate propaganda??dat word propaganda has apc embedded in it.i guess u dnt live in nigeria,cuz if u do,u should knw these are not voices of haters as you so think,but rather,the voices of TRUTH-SAYERS and LIE-DETECTORS!selah!

Lie detectors indeed, this is how Fayose misled you guys to believe that dasukigate and other scandals were propaganda and lies only to turn around and start asking the FG about recovered monies from the same so called propaganda.

una mumu no get part 2

omenka:
Riddle:

I'm an object from a certain part of Nigeria. If the Nigerian government doesn't do things right, it makes my heart ache and I Wail endlessly, when she does things right, my heart even aches more and I Wail until my pupils are shrunken.

What am I??

#Beautiful prizes await winners.

WAILING WAILERS or otherwise known as IPODs

VivaDeAngelo:
And your point is? Please don't derail this thread.
Why are you so economical with the truth?
To the best of my knowledge,you only said exactly what the APC was doing when GEJ was president.

GEJ is gone and gone forever, nothing will ever bring him back to aso rock, live with that or continue with your hate propaganada

moyakz:
where were u when ur political godfathers were doing same during gej's administration??
apc fans and hypocrisy are brothers,just like apc leaders and lies are sisters-ONE BLOOD!

bitterness from the aftermath of last year's election is still worrying you guys and your troubles are yet to begin, I urge you to continue with your hate propaganda but you guys will continue to be busted.

I have forgotten about the man dasuki sef, since when he don de prison or detention sef?

e never too tey na, no be december or november last year? The man should chill abge

we should expect more threads like this as the FG continues in its fight against insurgency or militancy in any form.

This means that news headlines of attacks by boko haram, herdsmen or militants are goodnews to some people.

This is the way they feel they can get back to power as the govt of the day must not succeed in this battle. smh

TANTUMERGO007:
New york times is obama, obama is new york times.

of course, you must always show yourself nah, omo saraki, have you prayed for saraki today? Please do

LadyExcellency:
Most APC psycophants are just pathetic and mischievous.

Initiation into Bubuism is now a major cause confusion and mental disorderliness.

People all over Nigeria are mourning because of Law enforcement agencies recalcitrance to act against the fourth most murderous terrorist organization in the world and sycophants are here to applaud the Murderers patron for giving orders under pressure.

Why must Security agencies be "ordered" to act against Fulani herdsmen if there is no prior order shielding them from persecution? Keep the deception on.

can anything satisfy you guys, even if PMB orders that the herdsmen be beheaded, na go still complain and wail. Please continue

These people like attention sha but who cares smh

Boscojugunu:
Where Ben bruce when you need him to talk. Uncommon sense senator

He has refused to tweet his new car after all the tweets of him buying Innoson jeep months ago.

What common sense shame

Clemzzz:
Mr Chukwudi,please take things easy.Some events must just happen,no matter what.If God says this is the end of Saraki dynasty,so be it!So take it cool.

you guys should try and understand pa chukwudi, its all about the survival of his darling pdp, after the elections of last year, pdp was almost dead, but with the emergence of saraki after their support, they became hopeful, but with saraki going down, pdp will definitely be seriously hit and that's why they are already to swim and sink with saraki

This is what is all about.

dechriscool:
How Buhari’s Economic Policy Is A Petri Dish For Corruption [New York

by Walter Lamberson | New York Times

The collapsed price of oil is putting pressure on oil exporters around the world, from Canada to Kuwait. But perhaps no country is less prepared to survive prices at about $30 a barrel than Nigeria, which until a few years ago relied heavily on petroleum exports for its revenue. While countries like Saudi Arabia and Russia have saved past oil profits for rainy days, Nigeria has no such insulation. What’s worse is that Nigeria is especially dependent on imports of basic goods.

The cracks are starting to show: While the official rate doesn’t reflect it, Nigeria’s currency, the naira, is the world’s worst performing this year.

The economic troubles could hardly have come at a worse time. Last year, Nigerians elected Muhammadu Buhari as president after he ran on a zealous anti-corruption platform. Unfortunately, Mr. Buhari’s insistence on maintaining the peg at the current official exchange rate is not only crippling production, it is also encouraging corruption. He should abandon it as soon as possible and allow the naira to devalue.

Nigeria has pegged the naira to the dollar for decades, adjusting the exchange rate according to international supply and demand. But even as Nigeria’s economy has faltered, since last spring the peg has remained fixed at around 198.5 naira to the dollar. This rate is being maintained at the president’s insistence, undermining any notion of central bank independence.

To keep the rate fixed, the central bank has to preserve its foreign currency reserves, a difficult task as oil export revenue has fallen. How does it do that? By making it more difficult for Nigerians to obtain hard currency at the official rate. Primarily, the central bank has restricted access to foreign currency to importers who can demonstrate that the goods they’re bringing into Nigeria are necessary.

But Nigerians are innovative. A large parallel currency exchange has taken shape, in which importers trade naira for dollars at up to twice the official rate. The trade is too blatant to be called a black market. Last month, for example, I saw several currency exchange businesses at the Lagos airport that offered 380 naira to the dollar. Nigerian newspapers even include reports of the unofficial exchange rate.

The Buhari government hopes that the fixed exchange rate will prevent inflation. Yet inflation has risen sharply to the highest rates in almost five years. The prices of many imported goods have almost doubled, suggesting that they reflect the black market exchange rate rather than the official rate.

I recently saw this problem firsthand when I visited one of the country’s largest manufacturers of cardboard box packaging. Its production lines were either slowed or shut down. Thousands of employees were seeing their hours, and wages, cut back. In some cases, the company had been unable to import materials like labels. In other cases, the company’s customers had run out of items to box.

This is how bad policy turns a currency crisis into a recession.

What’s more, rationing foreign currency creates the wrong type of competition. As imports become more expensive, Nigeria’s companies should be looking for new ways to produce with fewer imports. They’re not. Instead, businessmen are trying to use their political networks to compel the central bank to sell them dollars at the low official rate, to deny dollars to their competitors, or both. The Economist recently reported that bank officials levy a 30 percent charge for the favor. Not only are these schemes a bad use of entrepreneurial cunning, they also undermine hopes for the corruption-free Nigeria this president promised.

Buhari says that devaluing the naira would hurt too much, that the imports on which Nigerians depend would become expensive, and rising prices would damage households across society. Usually, the pain of devaluation comes with a silver lining of promoting exports. But Nigeria hardly exports anything other than oil and gas. In fact, it often can’t produce what it needs for itself, even goods it should be exporting, like cereals and gasoline. In other words, as Mr. Buhari notes, devaluing the naira would bring about the worst effects of a weak currency, inflation, and provide none of the best, like increased exports.

Buhari must be frustrated. His predecessor, Goodluck Jonathan, enjoyed oil prices over $100 for most of his presidency and oversaw some of the highest government revenues in Nigeria’s history. He also issued three bonds on international markets in favorable global capital markets. Conditions at the time were excellent for building Nigeria’s domestic production capacity.

Mr. Jonathan also presided over a systematic looting of the public coffers swollen by borrowing and the oil surplus. In his presidency, over $20 billion is said to have vanished from the national oil company. The rest of the surplus expanded government payrolls, especially in the run-up to elections, and funded questionable building projects, often never finished.

Buhari’s administration has proposed a sensible budget, issued plans for incentives to invest in agriculture and mining, and is seeking investors to build more energy infrastructure. But none of these plans will be possible if the government maintains an artificial exchange rate. If Mr. Buhari really wants to build credible and transparent institutions, he should start by giving the central bank the independence to manage the currency and foreign reserves and get it out of the business of deciding what goods can and cannot be imported, or which firms can obtain foreign currency.

Buhari has loudly proclaimed his commitment to fighting corruption. But his view that he can protect Nigeria’s economy from global macroeconomic headwinds through an exchange rate peg borders on superstition. He has been told that his anti-corruption campaign is not an economic policy, but he may be more interested to hear that his economic policy is a petri dish for corruption.

Walter Lamberson is a senior project manager at Dalberg Global Development Advisors and an adviser to emerging market businesses and governments.

The opinions expressed in this article are solely those of the author.

@the bolded, I hope the wailers will take note of this before they quote Obama

coolplanet:
Are you a learner or just came back to Nigeria.Try and google,see for yourself.No one to help you out here.

lets put sentiment aside and face reality.

lets call a spade a spade,we don't need to borrow more money with all we have in reserve or claimed to have been collected from the corrupt past leaders.looking forward for same collection from the present leaders if truly Buhari has integrity.

Oga you guys never believed there was any fight against corruption, stop whining, an even waiting for femi aribisala to come out and ask for recovered monies after telling the whole world that there was no fight against corruption.

This is politics gone bad, fayose and his pdp fellows are dumb, reason PMB can't give a damn about them. Stop asking for what does not exist according you guys. The whole world believed that abacha stole while your hero gej told the whole world that stealing is not corruption so money no loss my brother

Very interesting, saraki is allowed to throw his last card though

chakaz:
But, PMB once said that Abacha never looted any money, so what is he recovering now?

Can you provide me the source and link?

I told folks on this forum months ago that PMB was coming for the herdsmen, pls nobody should complain o cos they will be given the shites treatment.

If anybody start talking about human rights violation soon for the herdsmen, such a person must be one of them. Nigerians be warned and be wise. This is just the beginning.

The same ECOWAS Nigeria used its money to establish

Kotinu