₦airaland Forum

004gist:
Goobye but try get some education or use chatgpt... It has a free version

The problem is your dislike for Tinubu.

If Peter Obi achieved this, you'd be praising him.

The truth does not change anything.

Did Okonjo-Iweala not say the economy is stabilising, or she was refering to the OBJ government? Lamido Sanusi and Charles Soludo have praised the reforms.

SmartPolician:
What is the benefit of devaluating our naira since we don't have any reasonable thing to export aside oil and gas with a set price?

At least many Asian countries like China devalued their currency to encourage exports, why did Nigeria devalue hers?

Please don't reply me if you have no reasonable comment to make.

First and foremost, what dictates the value of your currency7 are the markets. That is the number one determinant. It isn't even the central bank.

Let me give you an example.

In June 2014, the Naira was around $1- N160. By May 2015, it was $1-N199.

Why did the Naira depreciate? It was because the price of crude oil went from $100/barrel to $50/barrel. That meant that the inflow of dollars was reducing and that led to the Naira depreciating against the dollar.

However, in June 2015, Buhari was against any further depreciation of the currency, despite the fact that crude oil prices were still falling,

Did the Naira value stay firm? The central bank could no longer fund all forex demand at that price and many who couldn't get forex or not enough, turned to the black market. There the Naira plunged to low depth. By December, 2015, while the official rate was $-199, at the black market, it was N280.

Let me end there. What ever exchange rate you have, you must be able to defend. I won't explain what defend it means but rather what it implies.

It implies that the central bank must have sufficient forex to meet demand at that exchange rate. If it can't, the economy would collapse like it did under Buhari

If there are no peacekeepers on ground in this peace process, it would be easy for things to fall apart.

Were Arab peacekeepers on ground, if any extremist on the Palestinian side starts formenting trouble by any form of violence, both Israel and the Arab peacekeepers both have an interest in stopping it.

The Arab peacekeepers may begin to see things from another point of view.

Firefox01:
Atom promotes their premium names aggressively. Yours is to sit back and relax and renew so it doesn't expire. Goodluck soon boss

Thank you so much.

I don't like the logo they made for me.

I might change it.

004gist:
Stop arguing what u don't have knowledge in and stop taking modt of this aid. What they say.


Obj remain the only president that grew reserves from 3.5 to close to 45billion in 8 years and excess crude 25 billion dollar
Go for real data from cbn

This is the gross foreign reserves.

It does not differentiate the sum that has been encumbered. The gross can be very misleading.

For instance, you saw the figure of $36.82bn in gross foreign reserves. Despitre bthe size, the central bank were owing buyers of forex $7bn. If it really had $36.82bn, why would it be owing buyers? Because most of it was encumbered. Net foreign reservesm was actually $3.99bn, that was the amount unemcumbered.

The country had to start running all over the place to raise the $7bn. It was the severe scarcity of forex that chased GSK, Shoprite, Emirates out of the country.

004gist:
As at 2007 wheb obj was about to leave he left 45 billion reserve and 25 billion excess crude oil.

When Yar'Adua was there it increased to about 68 or there about that's the highest reserve we got.

Jonathan reduced it by almost 20.

U need to fo back to CBN bulletin on external reserve and learn and stop dishing false posts

Oga,
Perhaps you go through the second paragraph slowly. It clearly states $3.99bn in 2023.

I think I just got my first premium listing on Atom.

I really don't know how to promote it after listing.

Any assitance would be appreciated.

The premium listing is the one for sale at $38,795

tabaralph:
But the 1200 kpai by Hamas and over 2500 kid$apped were justified right?

Common sense should tell you that if I do not support the death of innocent Palestinians, neither would I support the mass killing and kidnap on October 7. I also said I don't like Hamas.

greatiyk4u:
@ the bolded, make una dey take am easy with the propaganda and shameless lies

Pleasw read the second paragraph slowly:

https://www.instagram.com/p/DKb0-N6I33k/?hl=en

That 10k in today's money might be around N500.

To some extent, it makes sense.

Waste management should be top priority.

The inside matters more than the outside

Apcnewrecruit:
All Hamas apologist here are in deep pains.

Israel will definitely stop the bombing. Hamas have been humbled and defeated as they will be disarmed with this peace deal in favour of Israel

Israel 200

Hamas and terrorists 0

Though I do not like Hamas, the death of thousands of civilians, and those left handicapped makes any victory here not worth celebrating.

seunowa:
It was from $23b to $43b

That of Instagram started from $3.99bn to $23bn.

Read the second paragraph.

Kingdavid579:
And for good behavior, he'll be released after 26 months.

His lawyer did well for him, wait! Does Nigeria prison release people on good behavior?

I doubt it.

I doubt there's parole or probation in the constitution.

50 months is a slap on the wrist. Worse, he might be out for in the time on parole for good behavior.

Many will be crushed by this sentence.

Now the Dubai police might profile British fliers more.

The street price in Dubai for coke must be quite high. Imagine carrying drugs from the UK where it's already quite expensive to the UAE? Usually, the UK is the final destination where it would be sold.

This man is speaking Spanish today.

Ethnicism is what determines whether states are created in Nigeria and not economics.

I forgot to add politics. It seems Tinubu may be open to the idea of new states. Anything to win elections. He knows it unviable but what can poor Tinubu do?

004gist:
Do u know what u typing? From 4 billion to 42 billion.... Was actually done by OBJ

Nope. Check below. Focus on Net Foreign Reserves.

https://www.instagram.com/p/DKb0-N6I33k/?hl=en

https://x.com/aonanuga1956/status/1958532870105915757

Kukutente23:
Calling some Jews impure sounds racist and apartheid
Is like calling biracial Africans impure Africans

I was trying to make a point.

Jews that descended direct from Jacob have some distinct features. Most European Jews are closer to Jacob blood line.

Jews from the Muslim world are more mixed with Gentiles.

Then you also have Gentile Jews lwho are proselytes. That's why you have the Ethiopian Jews.

Most people who want to tear down Israel say that it was Caucasians that settled in Israel. They are erasing their Jewsih ancestry.

With net foreign reserves rising from $4bn in 2023, to $42bn today is a huge milestone.

From 97% of government revenue spent on debt servicing in 2023, to less than 50% today is another great milestone.

Yes, the economy is stabilising.

HacheNoire:
The fake Jews will bomb anything and name it anything.

Let’s even imagine it’s a terror cell, shouldn’t they have disarmed Hamas yo see if kidnap victims are there.

These fake Jews always think we all don’t have brains to reason.

They probably must have bombed another shelter and call it a terror cell.

Caucasians claiming to be from the Middle East. As a matter of fact. They are not even creations of God

Pure Jews aren't Caucasians. Caucasians can tell them apart.

They have more with their Semitic brothers, Arabs, than with White people.

Yeah, but many innocent civilians would be among the dead.

Shawarmagirl:
The scam Tinubu and Buhari pull out to remove Oga Jona. Scam of the century

Na Jona remove himself with his poor performance.

His only saving grace was that Buhari's monumental incompetence just meant he had some redeeming qualities.

I am non-partisan. They are from opposing parties. Dumb and Dumber

Kaliningrad:
Cockroach that made 32 grown men (NATO) to shit their pants. Till date the US/NATO is still obeying the order of a Cockroach to not step foot inside Ukraine.

Why does the US need 32 grown men to fight a Cockroach??

Ukraine isn't decimated but Zelensky comes online to cry every 2 days? Have you seen him lately, he's looking older than my grandpa.

Let the US try decimating ragtag goat herders Taliban or the Houthis then we can talk.

🤡 🤡 🤡 🤡 🤡 🤡

Putin failed to achieve his goal. He was frustrated anyway you look at it.

If the US was the one that invaded Ukraine, you can be certain that it would take them less than 30 days to achieve regime change in Ukraine.

I think Iraq which had a million troops fell within 90 days, if not far less.

[/quote][quote author=Bendeco02 post=136997658]Naturally, women add weight after giving birth.

Married women should go to gym for what? Who do they want to attract

You can say just normal juggin, but not everyone have that energy

They need to look attractive for their husbands before he starts dating one beautiful young Xhosa or Zulu woman like samantha125.

It's always best you stay shapely after marriage lest your husband stated misbehaving.

This article is damn too boring.

Blue3k:
Ransom payments and taxes they collect on their own fund their activities. I always say if their victims spent the millions of naira getting armed and dangerous they would be left alone. Lions don't hunt porcupines because it's too much trouble. They don't need continuous cash injections from shadowy figure if the populace pays them. The government has already proven they're impotence so there's no reason not to be armed before they're the defato government.

https://assets.thenewhumanitarian.org/s3fs-public/2025-07/ISWAP08.jpg

Would it be taboo to suggest this: Give ISWAP their little piece of paradise and in exchange they must not engage in any forms of attacks on other parts of the country. If they break the agreement, enter their little piece of paradise and make it abundabtly clear you why they should keep to the agreement.

We all know the country can't wipe these guys out. Even the US couldn't end the insurgency in Afghanistan or Iraq. The best you can do is to contain it. Make a similar arrangement with Boko Haram.

nairalanda1:
GEJ is just tinubu with revenue from oil that exceeded 100 dollars per barrel. Plus a starting reserve of 60 billion dollars.

I know you will shout at me, and call me APC supporter, but what happend under GEJ, happend in the 1970's and it was not sustainable because eventually oil crashed (2014 under GEJ, 1982, previously).

Our economy is too dependent on the price of oil. That is why it is so awful. And the failure of tinubu is his government's refusal to develop a way for us to get off that oil dependency. INstead, na to borrow and borrow while waiting for oil to rise again (lol)...like Buhari.

You have been unfair to this government. The government is working hard to increase non-oil revenues.

It had achieve its revenue target by August. This is despite a decrease in the price of crude oil probably due to the worsening US economy under Mr Trump.

Next year when the new tax laws goes into effect, trillions of Naira will flow into the coffers. I foresee non-oil revenues exceeding oil revenues within 5 years tops.

Tinubu is determined to change things.

Nevertheless, the politician in him is a big problem. A lot of borrowing seem more to win votes than any other thing, Some legacy projects are simply unnecessary, and wasteful.

Nevertheless, the borrowing is more sustainable. In additon, the recklessness is short term. Once he wins a second term, that when he will bare his fangs. OBJ was at his best during his second term, when he knows he won't be seeking another term (though he wanted a third term)

I see an end to all electricity subsidies. A massive trimming and overhaul of the civil service to cut costs and produce maximun results. Far reach privatisation and commercialization program.

A worry though is nepotism and cronyism. He may want to acquire assets for himself and family such a "small oil well" for instance. Booty and office for his family.

Why not conduct a lie detector test on your wife if you don't want your nephew to come down and apologize?


https://www.youtube.com/watch?v=oJoWt_Mj5G0

HenryThegreat1:
Complete fake data.
Do u know how many languages we have in delta state?

It can't be more than 10.

erad:
Osun is not one... There's Ijesha and Igbona and some others I can't remember at the moment. They are yoruba but a different dialect.

Lumping them up under 'yoruba' is oversimplification.

They are Yorubas.

Mynd44:
Ijebu, Egba, Awori are not distinct languages, they are ethnic groups not tribes

They are dialects or clans. They aren't a different ethnic group.