₦airaland Forum

I am not going to heaven.

I will reside in a paradise on earth.

God made the earth for man (Read Psalms 115:16, Isaiah 45:18,).

To learn more read this article here- How You Can Live Forever: :https://www.jw.org/en/bible-teachings/questions/live-forever-everlasting-life/

Make the guy retire. He is aging.

I would have urged the Iranians to treat them well.

Alas, i also know the Iranians would want to extract information from them, most likely through torture.

However, the best thing to do is to treat them nicely.

CannibalEast:
It's a lie,jehovah is with murderous isreal

Jehovah is no longer with Israel.

Once they rejected his son, he rejected them (Read Matthew 23:37-39)

That was why the Romans expelled all Jews from Israel by the second century AD.

reddingtonblack:
They dont have to say it, when govt dole out policy its not for fun it is for a reason ... we on the recieving side have to analyse to see whats the goal

Denying Nigerians foreign remittances is a measure to mopp of forex,

With the state of " naira value" one would expect a sensible govt to come up with policies that will strengthen the Naira

IF you think otherwise, please educate us on the benefit and goal of the new policy ..

First of all, i waa even surprised about the new policy.

Why? Because for a long time, remittances have been paid out in Naira. During Buharis tenure, it was in dollar. Buhari did it that way so that forex received through remittances might boost the value of the Naira.

I have to re-read the article so know why it was implemented.

The issue for me is that theres no pressure on the Naira. The Nairas value has even been climbing. These are irrefutable facts.

SeverusSnape:
Is terrorist ayatollah's children at the war front too?...

Iran doea not have a conscription policy.

Conscription is like what happens with Youth Service upon graduation from uni. It is compulsory. Thats how a conscription model work.

ppogba:
Una Sha must talk for talking sake.

Where is the pressure?

Have you had need for forex that has not been met of recent?

Everybody has an idea even when they have no idea. Person wey dey two by two shop go talk about dollar scarcity.

Shior!

I too was compelled to refer to the "pressure" on the Naira.

reddingtonblack:
How does this policy ease the " Pressure" on local demand of dollar

Remittance is an inflow of foreign currency, the policy is as meaningless as when Emiefele brought up naira design ...we just waste resources painting naira like women's face

Nowhere does article state that the new policy was to reduce pressure on Naira.

jimi4us:
They've started again,this is how Buhari destroyed the naira, this old basstardd is about to do the same mistake

The current economic policies that Tinubu is implementing are the complete opposite of Buhari's.

Thats why economists like Okonjo Iweala and Soludo are endorsing them.

Bluntguy:
All this cut and join monetary policy no go help una naira. Just tell Tinubu make him stop the borrowing and see how naira go come resemble currency again.

Some of the borrowing is necessary.

I am certain he made a lot of cash during Buhari's 8 yesrs in power.

The subsidy of the dollar made many super rich.

All the well connected had to do was to purchase dollars at the official subsidized rate and sell at the market rate in the parallel market, and you make a massive profit.

Tinubu has won the election

The doctor would be punished by the health union.

Islie:
How much do you use to barb your hair in Nigeria if you want to do comparison

A daily wage from Nigeria is 70k/30days
Most barbers will charge 2k or more for barbing isn't that equivalent to a minimum wage per day?

It costs 1k to barb

But why do Arabs still call Blacks "Abeeb"?

Abeeb means slave.

TruthHurts1:
Buhari was paying trillions annually to subsidise fuel prices, yet Nigeria’s debt profile was 3 times lower under him.

Meanwhile Tinubu in his first two years in office has almost amassed the same amount of debt that Buhari accumulated after 8 years in office despite Tinubu not having to pay fuel subsidy.

I'm beginning to think we were unfair to Buhari

In 2022, the government used all its revenue to servixe debt. In 2023, it was expected to be 97% before Tinubu took office.

Today, less than 50% of govetnment revenue is used to service.

During Buharis term, the federal government resorted to ways and means, whivh is asking the central bank to print money to lend to the government. This is very inflationary.

Buhari's subsidization of the dollar and retention of the fuel subsidy wrecked the economy.

This is so sad.

Her soul rests in peace

RandDigital:
I guess it's still a secret only in Nigeria that some female football players are gay.

All that you said about SA men was unnecessary but most importantly ignorant.

Many in Nigeria are angry with SA due to xenophobic in your country. These types are best ignored.

Visit Nigeria and be stunned by the welcome you will receive

fineboynl:
What about Libya that sells fuel 32 naira.

Go and research, "Is the Libyan fuel subsidy helping the libyan economy?"

fineboynl:
the reason is sanctions. And building weapons instead of building the country. Do you know how much is make 1 missiles?

The sanctuons play a part but the fuel subsidies are straining the budget and the economy.

Production of weapons play little or no part.

Please search, "Are the fuel subsidies helping the Iranian economy?"

fineboynl:
Price of fuel in Iran is 15.82 Nigerian Naira a liter.
Which is 15000 iranian rial.

In Nigeria it's selling for over N1500 in some places.

Nigeria is oil producing country like iran. Despite sanctions and everything.

$1 - 1,313,000 Iranian Rials.

That is what will happen to the Naira if same was implemented here.

There is no free lunch anywhere.

ajalawole:
Write this down.

US is going to invade Iran. It will put boots on ground.

How do I know?

Three thousand Marines (elite US Soldiers) left US by ship about a week ago. 82nd Airborne Special Forces Paratroopers left by Air to a secret base in the last two days. All will be in position by Friday.

Then Trump announced that he is staying attack on Iranian Energy infrastructure till Friday because of ongoing talks.

That "ongoing talks" is just a smokescreen. A diversion. A distraction.

He is going to seize Kharg Island which handles 90% of Iranian oil export.

All Iranian defences on the Island have already been destroyed. Not one of the oil installation was damaged.

He will forcefully open Strait of Hormuz to allow free passage to oil tankers. Risk will evaporate. Insurance premiums on oil tankers will drop. Price of fuel will return to pre-war level. Free stolen crude regarded as spoil of war will flow to America.

Iranian's stockpile of enriched uranium for making nuclear bombs will be recovered. You think US doesn't know where it was hidden?

Dey play.

Trump has used this smokescreen of peace talks twice in the past. In June last year before the 12-day war and again at the onset of this current war. Each time he talk about peace talks and Iran relaxes, he launches a blitzkrieg.

You said he is trapped. NATO refuse to help. Europe has called his bluff. Allies gave him the cold shoulder. So he is helpless. Iran is winning. That is what he wants you to think. It gives him perfect cover to catch everyone by surprise.

All you havw said here makes no sense.

Iran was underestimated by both the US and Israel.

The US military warned Trump that this war would not end well and should not embark on it he preferred to please Israel.

Iran is primarily using blackmail to score points. The Gulf States oil infrastruture and assetz will be blown to shreds if Trump pushes them to far.

Trump will pay a big ptice for his folly. The sooner he shuts his mouth and let the anger of the Mullahs cool, progressice peace talks can begin.

The Iranians will let him know that the harder he hits, the higher the price of crude oil.

By the time Iran has finished with Trump, oil prices will cross $200 per barrel.

Trump never learns. Trump will understand why the federal government commenced an Amnesty program for militants rather than use force.

He will also understand why a pipeline survelliance and protection was signed with Tompolo.

Bluntguy:
I saw it coming. Iran must open the strait of Hormuz for the US and its allies if not, it will go back to the stone age by the time the US is done with it.


Deal with that!!!

Which ye ye stone age.

The US military had warned Trump not tostart this war as it could backfire.

He ignored their advice and chose to bomb Iran instead. He shouldnt have embarked on this stupid war. The Gulf Statea did not allow the US to carry operations on their soil. They did not want Irans wahala.

Where the madness of Trump ends, na their the madness of Iran start.

He seems to have untreated mental problems.


Thats why he wasnt lynched.

Biodun556:
That was how it started in Palestine. They started buying land acres upon acres, and later Britain handed over the whole land to them

In UK presently, Jews have their own ambulance and police. Infact they state within a state in the UK. It begins gradually.

Before the Zionists settled for Palestine, it was Uganda they initially planned to established their so called promised land.

They did not want Uganda as that was not "the promised land."

It has always been Palestine.

It was Jews that built Victoria Garden C.ity, Ikota, Lekki. Because they buy land does not mean they want to purchase all of Kenya.

You are making a mountain out of a molehill.

JuanDeDios:
Wrong. Naira for crude does not affect pricing - they still pay the dollar equivalent. It only helps our currency stability since they don't have to source dollars to pay for crude.

That economic illiterate who wrote the article must be tasked where he read economics, and the economics department shut.

Petrol prices are rising because crude oil prices have spiked. Any talk to sell it at a price to benefit the masses is simply the re-introduction 9f the fuel subsidies.

The fuel subsidy was introduced in 1973 after the price of crude oil quadrupled due to the Arab oil embargo. It took 50 years to end it.

This man sounds like some who read Igbo and Yoruba in uni and not economics.

The reason why petrol prices are rising is simply down to the spike in crude oil prices.

Price of crude oil is determibed globally and even the US, the largest economy in the world, and also the largest crude oil producer, does not have the power to singularly dictate the price of the product.

LoneSoldier:
It will be more interesting to see Iraq join force with Iran, let it be 2 vs 2.

Iran and Iraq vs US and Israel.


We all know that by the end of the day, Israel will still win, is not math is a fact. They just win, because they are always destined to win no matter the circumstance.

Win? Are you for real?

Israel underestimated Iran. Any bomb that gets through the interceptors is a huge embarassment to Netanyahu.

Next time: You dey your dey, i dey my dey.

The US would warn Israel to stay off Iran.

Would he be sentenced?

The persecution is all politics.

Brendaniel:
You need to learn more about economics and how to manage an economy, you and nairalanda1reason alike, I asked him only 1 question and he blocked me, because he didn't have an answer to it, and you will not also have answer to it, because it will expose your no consumer subsidy theory as a flawed policy...

Read below and see list of developed nations and continents giving consumer subsidies to their citizens...

This lends some credibility to what you said. Out of 100, i will only give you a 40.

The fuel subsidy must never return. The economy can not afford it.

Brendaniel:
Subsidy is not the problem but the corruption in the subsidy, which is what I just solved here, every well to do country offers subsidies to their citizens, so subsidy is not a bad thing, if you nit able to solve a problem, does not mean anther may not be able to do it.

In my solution, no money is paid to anybody and delivery is controlled directly to the stations to sell...


If subsidy was a bad thing, why are all the developed nations doing it

Hamilton, a former US president and economist said, "The exiatence of subsidy and abuse can not be divorced."

Subsidy is the problem. The nation is sacrificing lots of revenue in order to sell petrol at a given price.

Which subsidies do developed countries have? What they have are investment subsidies and not consumer subsidies.

For instance, the government can provide free land to entice a company to set up a plant. Provide tax free holidays. These are investment subsidies.