₦airaland Forum

That's very nice of him,Igbo Amaka.

dangotesmummy:
LMao. They're not saints o. Some of these girls too get their own for body.some girls actually like the idea of dating lecturers.it makes them feel yes my manfriend is a lecturer. Some actually lust over their lecturer and some girls like office sex in the evening in the lecturers office. The lecturer will just close all the doors Windows and curtain and then on the a.c and do quickie in the office meanwhile his wife and children's picture are on the table where they're fokeen the girl

There was one of the lecturers back then that used to disgust me.anytime I see him I always felt irritated because when he finish fokeen a girl in his office you will see semen stains on his trousers very close to his zip.no woman he cannot toast.if he see mad woman He will toast her

you really understand the system, lol.

A religious cleric trying to to keep a clean profile in either APC or PDP would be hurt by so many who're willing to pay delegates and security operatives to win a primary election.

Russian forces have long been attacked by the Ukrainians with weapons from all over north America and Europe so no biggie here.

SpatialKing:
Check out North Carolina State University Master's in Geospatial Analystics program

wow, this course have excellent course selection.

SpatialKing:
Check out North Carolina State University Master's in Geospatial Analystics program

are jobs readily available after studies? I want to obtain the masters in Nigeria before moving abroad for a PhD.

But they're free to publish those lies from the security agencies against IPOB as news? Nigerians would learn their lessons by themselves so no comment from me.

SpatialKing:
If you feel like verifying go on

verifying kwa? I would like to link up with you, I've been thinking lately of going for a masters degree either in geography or economics as a step towards a PhD abroad but making a decision have been hard due to lack of appropriate first hand advice.

SpatialKing:
Tinubu people especially the Yorubas are currently the ones complaining their videos are everywhere..

I wonder why they are complaining

Please since you are making alot from stock and you have enough why don't you help your people especially to feed?

Why are you stingy

chairman,are you really into Gis and based in the USA?

I didn't bother to click on that post on the frontpage because it's silly,I bathed my junior sisters till they were capable of doing it themselves.

GreenAgain:
Are “Ways and Means” Loans?

There have been several arguments as to whether ways and means should be described as loan or something else. Many have contended that it should not be considered as part of Nigeria’s loan profile.

But, let us examine the meaning of loan? Investopedia, a business and investment dictionary, defines a loan as “a type of credit vehicle in which a sum of money is lent to another party in exchange for future repayment of the value or principal amount.”

Hence, ways and means are clearly loans that should be repaid. In fact, Section 38 (2) says “all advances made pursuant to this section shall be repaid as soon as possible…” The section also says that it should be repaid with interest.

However, outgone President Buhari smartly got the approval of the Senate and securitised the ways and means. These loans will thus be converted into long-term bonds and be sold to the investors, including you. How smart can that be?

Implications

There are several implications of this. First, it is a violation of the Nigerian laws, which must not be condoned. It means the Federal Government or any president in power can violate the laws and get away with it.

Two, ways and means increases inflation by raising liquidity in money or capital market. Money market is a market where short-term instruments are traded. Examples of such instruments are treasury bills and mutual funds. On the other hand, the capital market is a market dealing with long-term instruments such as bonds. It also means a market where bonds and stocks are traded.

By securitising ways and means, rather than pay back to the CBN, the Federal Government simply puts too much money in the money or capital market. For instance, when you advertise a bond of N11 trillion value, investors will trade them -pay for them. This naturally increases liquidity in the economy.

It makes more money available in the economy, thereby fuelling inflation. The World Bank has also accentuated this position, stressing that “between 2020 and 2021, inflation left about eight million more Nigerians below the poverty line by increasing the total number of poor people to about 90 million.”

In other words, the CBN is part of the party that has worsened inflation in Nigeria in the last six years. The ordinary man in the street feels the pains of rising inflation rates in the form of high cost of living.

More so, it increases Nigeria’s debt servicing burden because each loan taken must be repaid with interest – however low. This leaves little resources for infrastructure and development programmes that will benefit the common man.

Also, it leaves Nigeria with little capacity to innovate. If the president can easily run to the CBN for loans without repaying, the capacity to leverage revenue avenues will reduce. This makes it hard for any government in power to fund programmes that can improve livelihoods.

So, what should the new sheriff in town, President Bola Tinubu, do with ways and means? Simple, devise more proactive ways of raising revenue and give the CBN some space.

nice analysis but na " statistics we go chop?" Pun intended.

plessis:
Printing and converting them to dollar. Thereby, making the dollar scarce and rise in value. This is my suspicion.

normally,our politicians converts their loots to dollars so it's not really a suspicion.

Borrowing through ways and means simple means that the government is printing more money thereby causing inflation by pumping more money into circulation.

Gadafii:
All Christian countries except Egypt

all countries with affordable data.

Good day Nairaland family, I have a social science degree and would like to pursue a masters degree in Nigeria as a first step towards getting fully funded PhD programs in Europe, my aim is to stay back and work after studies so I would like to specificialise in an area that have strong job potential apart from lecturing. I'm eligible to enroll in a masters in such areas as economics, geography, environmental management etc. Please suggest an appropriate area of specialisation that I should pursue in my masters degree. Thanks and remain blessed.
NB: be specific in your suggestion, don't just say economics but suggest a specific area of economics and why?.

JustWise Disguy please help push to the frontpage because many would likely benefit from the knowledge.

Splashme:
Japa if your have the opportunity.
Secure the lives of your family and future generations.

400,000 Naira is just 400 Dollars

We now have thieves in Aso Rock posing as leaders. Forget the lies they keep telling you about 'Nigeria will be better '
.

400,000 is actually far less than 400 dollars

dhesire:
Where is the writing limitations.
You just take pride in whining yourself, isn't it?

depression makes a man to downgrade himself, that's why he's seeing non existing limitations I'm himself.

pharmagba:
Unfortunately you lack wisdom

call a spade a spade, Tinubu is on course with Yoruba nepotism, even the blind can see he has followed the footsteps of Buhari in nepotism.

These social support schemes were used by the Buhari administration to siphon trillions with his tribesmen unfortunately,the Yorubas are out to do the same under Tinubu.

lexy2014:
how has printed cash caused inflation?

did Emeefiele not withdraw cash from circulation and limit cash supply?

did that reduce inflation during the period?

during cashless policy, prices fell especially for food produce in the north.

panpan:
There is, most probably, a foreign or international order on Nigeria to eliminate cash.
The federal government has tried to comply with this order.

The former Central Bank governor, Emefiele, used a cash recolouring and cash confiscation method, but it was resisted.
Now, the federal government is trying to use more gradual and subtle methods to eliminate cash from the society.

both governments have printed alot of money in form of cbn loans to fg and it has caused a lot of inflation so they're now trying to reduce the cash in circulation by limiting cash supply, Nigerians are not hoarding cash rather the fg/cbn are withdrawing cash from the economy.

yanabasee1:
Well..... I wish to have friends that will allow me to squat with them and be making this kind of savings to be contemplating about building a house....



God give me these type of friends mbok!!

it's actually very simple, all you need to do is to be a responsible roommate that contributes financially as well physical effort to the upkeep of the home.

I seriously doubt that Nigeria would survive 8 years under Tinubu with this level of irresponsible leadership.

Tribalism fester on Nairaland because seun tolerates it.

Tranquillity360:
Go to your Umunna and start your help.



Adighi atu alo na etiti ndi iro.

here is purely to raise awareness, deliberations would be on a secure platform.

Bestbrain123:
What makes you think this is the right place?

this is the right place to start because we can easily reach out to Igbos home and abroad,we can relocate to another platform once we have gathered momentum.

Bestbrain123:
Are you an igbo.. Because the igbos i know don't need any help, they are well organised in their ambition and action.

100% Anambra. We, the younger generation needs to start a self propelled movement towards bettering our lots, this country is getting it rough right now and if we can build a solid social support network of Igbos home and abroad, we would gain immensely from it.

As we enter into this new year,I would be happy if we Igbos starts a self help movement from Nairaland,it would be in any form the members decide based on available skills and resources but let's start something first, opinions are highly welcome.

Some of the pictures the op posted as Enugu are from Ibadan.

Joke of the century

ahnie:
Always have plan B

maybe the guy discovered her plan B and decided to bounce than be with a cheat.

Honestly, Nigeria have never worked, Nigeria is not working and Nigeria would never work, let's peacefully break up this country so that smaller, more manageable true nations can emerge from it.