₦airaland Forum

This is just english......IN indicates location, hence, 1985 and 1975 are locations which makes it a valid statement.

This people funny, they are trying to have control and spoil the name, e nor go work.... obidient is an ideology...them nor need registration

Ehyaaaaaa

Ineje:
These people should not turn our courts to children's toy for political relevance

They should not ke, wetin don turn bouncing castle

Na their headache, dem don chop bellle ful

onadana:
There is no law banning a sitting governor from playing musical instrument or singing. Enjoy.

I tire for people...make d man enjoy himself jor

SlavaUkraini:
The number reason for the collapse of the Naira is the Floating of the Naira...

That was a great mistake by Yemi Cardozo.

Nations around the world do peg their national currency at a certain rate in order for them to compete favourably when it comes to international trade.

China did that for many years. And will always do it again if they discover that the Chinese Yuan is affecting imports and exports.

Then there is the activities of Dollar Speculators that normally hoard FX thereby creating an artificial scarcity and will later release it when the Naira have fallen sharply.

That is why you have seen the crackdown on bureau de change operators. If they are not monitored closely, they will destroy the national currency.

They are been asked to recapitalise, so that the bureau de change industry will be sanitised.

There is also the huge demand for FX that is needed by the importers of petroleum products on a monthly basis.

This monthly demand for FX puts pressure on the national currency and until it is met, the Naira will fall.

Until our local refinery starts selling petroleum products in Naira, this demand for FX will always be there.

The dollar will lose value when we stop importing petroleum products.

Then there is the dollarization in different segments of the society.

Why on earth will Nigeria customs be charging for their activities in US dollar ?

Why on earth will schools in Nigeria ask parents to pay in dollars ?

Where will parents get the dollars from ?

Why on earth will real estate agents sell properties in Nigeria and be quoting dollars instead of Naira ?

Until Government kick against this dollarization mentality, more and more pressure will be on the Naira

The factors that are putting pressure on the dollar are much and government needs to be proactive and tackle them head on.

You have highlighted alot of valid points, but the Govt ain't serious....to add to your point, some years back we didn't have the Japa syndrome which didn't pressurize the naira.... Eliminating Japa syndrome is key.....and the key to eliminating it is development, sincere and thoughtful development, not those based on politics.....politics is one of our major problem, especially this current Govt.....if living in Nigeria is bearable, people would not want to leave, therefore Naira wont be pressured.......Making Nigeria liveable is the key.

SlavaUkraini:
And you believe that Binance was the sole reason that the Naira kept falling ?

There are other factors involved and they should be tackled one after the other.

I never said i believed Binance was the issue, that cannot be the reason, what are the reason for the free fall of Naira in your opinion?

chaiks:
sure. Total have been gaining in Nigeria for more than fifty years. I understand the six billion dollars would have contributed to our economy. But let's continue to retool our government gradually. I personally feel that what the president need to do most are;
1. Stamp out insecurity asap so that farmers all over Nigeria can return to the farm. Unfortunately, politics and religious inclination are posing serious threat to that.
2. Introduce a system of metering oil produced daily, aggressively look for strategies to end oil theft and increase our production to 2m BPD.
3. Remove the fuel subsidy entirely and match that up with constant public updating amount generated and how they were spent.

Then, with the dangote refinery coming on stream by late June, we should be preparing to have good Xmas celebration this year despite the challenges.

Well said....but the dumb govt prefers politics n thinking of 2027 to implementing reasonable policies....if the policy doesn't favour their pocket, they don't bother

chaiks:
If you ask me, the way this total manager spoke when in a session with aliko the other time shows that he is not comfortable with the terms Nigeria laud for them. It's not only about inconsistent policies. Corporate social responsibility is strong in Nigeria especially in Niger Delta. Can't you see him say during the interview that a country really needs to outline it's aims in relation to environmental risks which are bound to happen because in oil operation, you can't escape it. What were the inconsistent policies? I am not denying Nigeria is totally healthy for business. But I feel Nigerian government is gradually coming to terms with the need to maximize benefit for the country in all these business deals especially when it comes to resource extraction. You can see that also in the new mining act which says all raw materials will be processed in Nigeria.

The thing is that there should a level balance, we gain they gain...its a business meant to make profit, if it doesn't favour them, they would ignore it and go elsewhere... remember nor be only you get resources.

SlavaUkraini:
What was done to Binance executives ?

Their Platform was been used to manipulate the national currency and you expect the government to keep quiet ?

Nations around the world are banning Binance from operating there and you want Nigeria to become their IDP Camp ?

That would not happen

If Total energy invest 10 Billion dollars in Nigeria and we later discover that they are into crude oil theft or other illegal activities, then their executives must face the laws of the land.

Oga, so Nigeria is the most important currency in the world that they chose to manipulate right?....and since they stopped manipulating how has naira been?

Seems we don't like truth in this country.

Ten Hag must not be sacked o, we love him....his contract should be extended by 5 years

AbuTwins:
Of course we all have issues!
Each with their own issues!
Where do we start from when Tribalism, Selfishness and Greed is everywhere?
We are fast losing the home, then the community...

yeah

WILL

Raphsays:
Attention seeking rep. What has been his contribution to the food crisis in Nigeria as a rep member?

whether he is seeking attention or not, or whether he has contributed or not...d fact is that he has made some sense now.

This is part of Nigeria's problem, misplaced priority. Where they need focus, they would shy away from it

AbuTwins:
Everything stems from our individual selves, then family, then community outwards!

We shouldn't start the blame from the outside!

We should get it from the base inside!

Agreed, but in reality how do we start from inside?

It's easier to cure what you understand, know and accept that it's an issue as against what you do not know and accept.

First accept the truth that theirs an issue, then diagnose the issue to know possible solution, then start treatment immediately. Simple. But in Nigeria's case the reverse is the case, they see red but say its black.

When did they start obeying and enforcing court order

fourboys:
Add am to APC achievement

As usual, them don break record

yewit37486:
Check out the guy's post history. It's one person running multiple accounts to launder Bunmi Tunji-Ojo's image, which is not even necessary. On every post that has to do with him, the monikers wake up from hibernation. It's their modus operandi.

very disgusting, that's why we ain't moving forward as a country.

Laryy360:
Nigerian system has totally changed by this administration, this is a great accomplishment for the ministry of Interior and the minister. God bless Nigeria

While i encourage progress, please stop making it seem like one big achievement, na GATE dem install.... there's nothing glorified about it...we shouldn't celebrate mediocrity always....the rest of the world have moved pass all this...with Nigeria's capacity we should be amongst top countries in the world....its only in nigeria that we celebrate things like buying class room chairs and buying wheel barrows as big achievements.......we should stop it.....countries are inventing technologies and encouraging research for progress n we still dey celebrate mediocrity.

AbuTwins:
Is your own family working?

Let each one of us start from there!

I am not exempting myself i am a black man, my stands remain, blacks and africans may be cursed.....do u like africa the way it is? Nigeria for instance, nothing works, do u like it?

AbuTwins:
Who told you i prefer evil to good?
This is what is available on ground!

Evil is everywhere but Africans think they are the worst!

Evil is everywhere but Africans and blacks are worse.....just look at your environment, compare africa to others....nothing works, wickedness everywhere

OBI na MAN, even after election, everybody still dey yan about am....na M A N

AbuTwins:


South Africa is about 60million people!

That's Nigeria times three and half!

Even US dey rig elections! Not to talk if SA!

Wait till Wednesday/ Thursday!

Go and sit down, una nor like beter thing.....i nor know who do blacks and africans like this.....always prefer evil to good.......may be na curse sef

Fulfilling for u and not for Nigerians

Svoboda:
The 27 clowns who came up on live tv to announce their defection to the apc, while waving apc flags are now denying their defection. What were they doing with the apc flags, which are optical evidence of support and membership of a political party.

they were acting comedy skit.....

DMerciful:
Wole Soyinka said this then, called Obidients gbajue people, called out Datti for his interview and there were back and forth.

At a time, Obi, Obidients Datti all ignored him and everybody moved on. Why is he bringing back same issues?

He wants to set himself up for insults? What is the wisdom behind attacking Obi and Obidients at this time when he said he'd give his assessment of Tinubu's govt after one year.

The Prof is looking for something

i just wish they can ignore him, he has nothing to offer

References1:
https://dailynigerian.com/deposed-emir-aminu-bayero/#:~:text=The%20convoy%20of%20the%20deposed,when%20the%20government%20dethroned%20him.

This throne be like local govt chairman when dem dey play wit as dem like....wahala be like gele

Dem get highest GDP yet nothing to show for it

Blame done dey finish for basket

See as them dey play with throne like ball...chaiii