Grandstar's Posts
Nairaland Forum › Grandstar's Profile › Grandstar's Posts
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DEROX:Are you living under a rock? Trump has made the Republicans very unpopular in the US. In some recent elections, Republicans have lost in once strong Republican areas. Inflation is rising, and unemployment too. He has cut lots of benefits to the poor, while slashing taxes for the rich. In addition, he refused to assist Texas and other states affected by natural disasters. He has really stepped on toes and next year midterm elections, Americans are going to settle scores. |
Lordbinsmar:Wrong. It is the other way round. Only European countries can bemember states of the European Union. The UK is in Europe but it is no longer a member state of the European Union. |
Nonsense. The minimum wage in Switzerland is $27 per hour or $1,080 per week. Multiply this by 4 weeks and we have $4,320. |
Let's be honest: Dangote is suffering from the fault of his drivers. If you have ever been into transport business, it isn't for the softhearted. The repair bills on those trucks alone, aside the accidental deaths will be huge. Nothing can replace life or missing limbs. Dangote can't be everywhere but he needs to find a consciencious way of dealing with this. |
Rexymania:You don't need to ban it to grow your own app. Simply start yours and provide a new angle. Then grow wings and go international. |
okomile:There are some courses you may just suck at and find it very difficult to pass no matter how much effort you put into it. Suicide isn't an option. I feel parents must sink it into the heads of their kids that they'd won't keel them if they do not pass. The issue is not trying. |
I would rather die than be accused of being a thief, especially when it sticks, or even seems to. A good name is better than silver and gold. For the allegation to carry weight speaks badly about the accused. |
Kukutente23:Are you a stranger in Jerusalem? |
There's another reason: the Ukrainians are short of ammo. The US is no longer supplying them .massive amounts of military aid in the form of weapons. With no weapons, they are cooked. No amount of new manpower can alleviate the problem. |
givedemwotowoto:The economy isn't badly run., talk less of very badly run. You should have made these complaints under Buhari. He was the one who ran the economy aground. When he assumed office, 26% of government revenue was spent servicing debt. By 2023 when he was vacating office, 97% of government was going towards serving debt. That means N97 out of every N100 was going towards debt servicing. Buhari was borrowing like there was no tomorrow because he wanted to be populist, did not want Nigerians to suffer. So, he preferred to borrow excessively to make life easy by giving us cheap petrol. The CBN was already printing money to lend to the FG which is very inflationary and that's why the Naira value was collapsing. Things had to change. That's why the 3 maun presidential aspirants said they'll remove the fuel subsidy. The removal by Tinubu saved about 10 trillion a year. The forex market was worse. Buhari who has zero comprehension of economics started fixing the exchange rate. He refused to allow the Naira to depreciate despite crashing crude oil prices. This just destroyed the forex market. At the time Buhari left office, there was only $4bn in net foreign reserves, that is the actual money tge CBN has access to. It was owing purchasers of fx $7bn. The scarcity of forex was what chased Emirates, GSK and some other multi nationals out of the country. With the floating of Naira, sanity was restored. The net foreign reserves has grown from $4bn to $40bn. This can cover 8months of imports. The minimum for a country is 4months. The $4bn in 2023 could not even cover one month. It was that bad. Due to these reforms and improved revenue collection, less than N50 out of every N100 is spent debt servicing. So, things have gotten better. The economy is better managed. However, I'd the government borrowing excessively. Nope, not like before. Nevertheless, the country would have huge borrowing needs. It isn't easy still spending over 40% of revenue on debt servicing. It would take time for things to stabilise. Rome wasn't built in a day. What is important now is that the debts are becoming sustainable. Debt sustainability is very important in any economy and even in a person. There is some questionable borrowing such as for the $60bn bullet train network. Globally, the vast majority lose money. This will be no d8fferent. |
Kukutente23:This sounds a bit educated, and appreciated. I decided to do some search online and it said it would cost a few billions to tens of billions to build a 12 km over the sea bridge. The problem with the bridge is down to the illegal sand mining and other illegal activities that are causing erosion and so on. We live in a low trust society so nobody believes whatever government says. What is obvious was that global best practices were not engaged in maintaining and protecting the bridge, hence the present avoidable problem. |
We can shout all we want but we need is someone in the construction industry who can back up this sum. We can shout all we want but until a professional on this platform speaks, we will all be spoeaking from ignorance. One thing is certain from this report- there has been poor supervision and maintenance over the past 3 decades. |
KingRabota:Yes, there are at times, unfortunate consequences for our action, but that does not make it right! Because you fought your father does not mean he should gouge out your eyes. The air hostess went too far by ripping off her top, and it should never have been posted online. The air hostess deserves to lose her job, and the person who posted the clip online. The airline is liable. |
Though Comfort behaved thuggish, she did not deserve being stripped topless by the bitter air attendant and posted online. It was just cruel. |
alphaconde:You're wrong. Things were much worse under Buhari but were dusguised. When Buhari took office, 26% of federal government revenue went towards debt servicing. By the time he left office, 97% of it was going towards debt servicing. He was borrowing excessively. He was relying heavily on ways and means which is the act of the central bank printing of money to lend to the government. Then for foreign exchange, there was only $4bn in net foreign reserves while the cbn was owing $7bn to buyer. That simply means there was a severe shortage of forex. The CBN had been selling forex well below its true value and thats led to severe shortages. A country should have at least 4 months worth of import cover. The CBN barely had 1 month of imports. The government could no longer keep borrowing. Nigerias credit rating or score had fallen, and no one wanted to lend the country any more. That's why structural reforms were started by Tinubu. He ended the fuel subsidy, saving about 10 trillion. He floated the Naira so it can find its true value. This led to the crashing of the Naira to $1 to N1,550. Thay ended up being the true value of the Naira. Also, he worked hard at increasing government revenue. The reforms are working. Less than 50% of government revenue is now spent on debt servicing. The net foreign reserves has grown from $4bn to $40bn today, enough to cover 8 months of imports. |
You have your sister's funeral to ponder over and you still have the mind to purchase a wristwatch! Nobody will believe his story. |
DeJoeee:The Middle Eastern Arabs are different from those in North Africa, or the Maghreb. Those from the Maghreb are actually Arabized Berbers. Berbers are close related to the light skinned Touregs that you see begging in Lagos. The Sudanese are Arabized Blacks. To further reiterate, you have Arabized Berbers and those that are not Arabized. Zinedine Zidane is a good example. Many don't like being called Arab. "Zinedine Zidane is of Berber (specifically Kabyle Berber) descent, not Arab. His parents immigrated to France from Algeria, from the Berber-speaking region of Kabylie. While he identifies as Algerian and French, his heritage is rooted in the Berber culture and ethnicity of his ancestors." The Arabs conquered North Africa and Islamized it. In the pictures below, the couple are Tuaregs. They are also recognized as Berbers. The single lady is an Algerian Berber (Not Arabized) By the way, Senator Ned Nwoko's Moroccan wife is of Berber descent (Arabized or not)
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Money of 2010 today will be 10 fold. 10m then will be like 100m today. She has really lost a huge sum. |
ruffhandu:Sexual harassment is bad, especially where proof of groping can be confiemed. I think the issue here was that the judge too was a young man once and probably made mistakes as well. In the UK, getting drunk every weekend is considered a rite of passage, for both young males and females. Aside drinking, you know what youths are bound to do. I sense it was with that empathy he looked at the young lad. In addition, the care system is broken in most countries. If he was in the care system, he was placed in a place for kids without parents. In such facilites, many face abuse, both emotional and sexual. Many sent to foster homes face emotional, physical and sexual abuse if the foster parents are the cruel sort, who just see the kids as a meal ticket as the government pays them money to look after them. |
I hope he has really changed. The judge was probably speaking from experience. Most of us in our youth must have done something at a time to have warranted a lengthy prison term. Second, third, and numerous other chances have been a boon for us. |
Samantha125:When my younger brother had lived in the UK a few years while studying and came to sort out a few things, he complained suddenly that Nigerian girls like money. That was when I knew he was going to marry a foreigner. Stop lying to yourself. It is on our custom for the man tobe seen as the bread winner, and to be the major provider. That was what the man brought to the table, and women seem fine with that. Unfortunately, the downside was that in marraige, many men became promiscious knowing they wielded financial control over the woman. |
If it is based on his yearly income, it is small. He claims he makes 20m a week, which is 1.04bn in a year. That's merely 3.5% of his yearly income. If that's his bill for a month, that's quite. The highest tàx bracket is 25% In a month, Seller will make 20m x 4 = 80m 25% of 80m = 20m |
Mrfixitt:And you think Peter Obi could have done any better? Charles Soludo said Tinubus reforms wete necessary. Blame Buhari for the mess. He bankrupted the country. Tinubu is fixing it. |
Dynduhh:Why not just go overseas like the US or Qatarbwhere the pay is more juicy? |
Melagros:What's the pay like in the army? Is it up to N1,000,000 per month? |
How will they name a mosque after s Christian? Next will be naming a Church "Synagogue." ![]() |
HEAVEN4444:There's actually an qge the kittens reach that the mother cat won't mind if they are sold. By that time, she's done her job. Only thing is that you don't leave a kitten too long after that stage with the mother as she can be one too attached to it, and separation then becomes painful Speak to your neighbour. Perhaps send her a small write up about the issue. She may sell them so as not to spend money on them. If you're capable, tell her you'll take care of them until they are old enough to be sold |
I was initially scared when I saw the title, worried that perhaps another plane crash had occurred The poor woman never got the opportunity to meet her grandkids. |
Mariangeles:If they used stockfish instead of Titus, I might buy it |
This is abominable. This is lamentable. Even if the structures are even presentable, the quality of the education is a disgrace. Many of the Chibok girls sitting for their external exams when they were kidnapped spoke woeful English. |
Mirasteel:Wrong Over 99% of successful Nigerian men marry Nigerian wives. It is only if they were overseas when they started making their money that the likelihood of them marrying a foreigner is high. |
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