₦airaland Forum

Too many l children here men.. Study the history of these refineries... They work sporadically.. Whether they will last enough to ensure a healthy ROI and return profitability is the koko.

We celebrate mediocrity too much in this country.

The government will not sanction any text book that will paint it black.

So for those who have been clamoring for this.... I have bad news for you... History will not favor you.

Pakistan is nuclear armed...Afghanistan stop playing with fire!

Ojey1234:
Cocoa will be ready for harvest in the next 5 to 6 years

I have 3hecters for the cocoa planting

Cocoa is doing well internationally currently....cocoa farmers have had a good 2024

If you really are good with the cocoa farming please go for it.

In most moslem countries, the legal age is 18 years! Where exactly do these northerners get their own religion from?

This woman should rest abeg. What type of toxicity is this?

ElSudani:
Is the country currently earning anything close to the oil revenue available to Obasanjo's administration?

But Tinubu himself said in that same chat that his hls government is earning a lot more than all previous government...so much so that imnthe last 3 months he has not asked NNPC for money!

Interesting....Tinubu actually wanna chat with the media? Until then sha

I saw it... very close. Fury showed a lot more seriousness this time and tried to use his strength weighing Usyk down.

But Usyk was too nimble, his footwork is superb and above all, despite the tight Fury defense, he was able to land some power punches.

The difference between both is that Usyk deviced several tactics at opening up that Fury defense, landing some great punches in the process...the fact that Usyk improved vastly in the latter rounds tore apart all Fury's plan...he had planned to weaken him in the early rounds and go for the knock out in the latter rounds...this never happened however, Usyk somehow regained his strength and lasted on his feet till the last second.

Fury should start considering retirement, unless Usyk tires out soon...there is no way Fury can defeat him.

eventainment:
Women who weaponize sex at a younger age when they are married are the ones having this issue. When you tell a man no too many times, he becomes used to it and he moves on to other things that will not give him negative feedback. Many women are just like logs of wood in bed; the man becomes bored and wants adventure somewhere else: some pick a hubby while most get other ladies that will match their bedmatic fantasies.

This is the truth...the whole truth.

Let them have their day in the sun as usual... There will come many more days of darkness, sorrow and regret.

I trust Isreal to ensure that.

AntiChristian:
Foolish people! The man is not a Muslim! He ran away from Islam and was given asylum! Now he's killing people! Fools are still calling him Muslim! Christians are so mumu!

The stampede in Ibadan too was caused by one Saudi man from Oyo State!

To cap it all the man is not even a Muslim! And some foolish Christians are

The event that led to the stampede in Ibadan was co-organized by a moslem and was held at an Islamic school.

Somewhat true

LandMann:
This post is as a result of the comment of the user below:



It's a shame that bede2u can boldly claim to have studied ECONOMICS and accounting, yet has no basic understanding of how currency valuation works globally, and how politics plays a role in it.

1. If you are the only country in the world, then you definitely have no business with currency valuation and exchange rate... Why? Cos you are the only country in the world and there's only one currency.

2. Immediately you split the world into many different countries and these countries have to trade with each other with different currencies and different policies (which is largely determined through POLITICS), you open the pandora box of exchange rate valuation... How do we determine the rate at which one currency exchanges for another?

3. There are many many factors that determine exchange rate, but the most important ones are a country's level of productivity, it's level of exports compared to imports, the level of inflation and unemployment in the country and a country's policy stance.

4. The big question is how do these factors (productivity, export/import, inflation and unemployment and policy stance) determine exchange rate? Which of these factors are based on economics and which of them are based on politics?

5. Well, if you think about it from a rational and logical perspective you will notice that some of these factors are based on economics (productivity, export/import, inflation and unemployment) while policy stance is based largely on politics.

6. HOWEVER, policy stance, which arises from POLITICS can influence all the other economic factors to determine exchange rate. How?

7. In general terms, the better your country's politics and policy stance, the better your country's level of productivity, inflation, unemployment and level of export compared to import, the better your country's currency and exchange rate compared to another country's currency.

8. So, compare Nigeria vs UK, which is more productive? Which has lower inflation and unemployment? Which exports more than it imports (how much does one earn from export compared to the other)? I'm sure you don't need a prophet to tell you that at present the UK beats Nigeria hands down in all these factors.

9. If you compare UK to China, you won't get same result but you will discover that China's exchange rate is not so bad compared to UK cos China is performing well in terms of productivity, exports, inflation and unemployment. In fact, China's currency should be more valuable than the UK currency given that China outperforms the UK in several of the economic factors. But this is not case. Why?

10. China maintains a policy of keeping it's currency value low by sometimes devaluing it because China wants its export to remain cheap. In other words, China wants other rich countries to be able to buy from them always. China wants its exports to always outperform it's import. If you export more, you earn more money and you have more employment and productivity in your own country. If China decides to allow it's currency value to skyrocket, soon its goods and services will become too expensive for others to buy... Meaning, China's exports will fall.

11. So, you see that policy and politics can influence exchange rate but to a large extent you have to keep the economic conditions very good otherwise depending so much on policy and politics to set your exchange rate will destroy your country's economy.

13. Now, let me say these to you personally, based on your arguments... You're showing me that accountants have very limited understanding of economics and politics.

14. Tinubu is a so-called first class accountant but his understanding of economics is very very poor. That is why Tinubu has destroyed Nigeria's economy and exchange rate in such a short time. How?

15. Tinubu removed subsidy on fuel which allows Nigerian made goods and services to be cheap. In a country without stable electricity and cheap fuel to run factories, expensive fuel will increase production cost. This move caused inflation to skyrocket in Nigeria.

16. Tinubu also devalued the Nigerian currency to discourage imports and other so-called "corrupt" practices. However, Tinubu forgot that Nigeria has not attained the level of productivity to do so. Nigeria is still highly dependent on imports for critical components in its manufacturing sector... Nigeria does not produce manufacturing equipments from scratch... They are all imported... Only some outfits assemble these imported components together in Nigeria but the high cost of energy used in production makes their final products too expensive for exports... not to mention the quality standards of goods manufactured in Nigeria... The end result is the devaluation move by Tinubu the first class accountant also caused inflation to increase in Nigeria.

17. Finally, you and Tinubu have shown me that people who studied accounting are dumb when it comes to understanding economics. You may certainly be good with tracking and reporting accounting data but you lack understanding of how an economy works, so left alone you guys can destroy things without knowing it.

18. Tinubu's policies has destroyed multiple generations of Nigerians... No matter how good Tinubu's policies are intended to be, It'll take 20-30 years of staying on this path of subsidy removal and exchange rate devaluation, improving education, healthcare, security and seriously eradicating corruption before Nigeria can begin to see any progress from such reforms. Anything less and it'll be suffering upon suffering for Nigerians till God knows when.

19. Do you see Tinubu eradicating corruption in Nigeria, improving public education, health and security now? No.

Tinubu can only rule for a maximum of 8 years, therefore leaving the problems he's created for someone else to solve.

20. Never trust an accountant in top political leadership position in Nigeria. They don't know anything. And if they're corrupt, they'll plunge their domain into a heavy mess so that they'll steal without anyone realising it.

Who told you Tinubu is an accountant? If you believe that Chicago crap then you can believe anything.

Its time this this Yemeni terrorists are given the Hamas/Hezbollah treatment. When Saudi Arabia was pounding them we thought Saudi was wicked but its now clear that until they return Yemen to the caveman era they wont learn

Russia should just end this war...he who fights and run live to fight another day

cr7lomo:
There is nothing like carried team...lookman dint carry any team.... he was not a Ronaldo or Messi playing fo Naija ... without Nwabalis saves , oshimens hustling , Bassey , Aina, Ekong defence prowess ... lookman no go do sh1t

U talk about numbers... how many numbers did Rodri do ??

Bad belle...your eye don clear now?

Will there ever be a day of peace in the middle east?

I admire his courage

paramakina202:
I am not advocating for Atiku presidency.My point is you can't be a Tinubu supporter and castigate Atiku due to his age,Tinubu is older than Atiku forget his forged and falsified age and identity..

I am not a Tinubu supporter….i can never be.

paramakina202:
Just so you know that we are being ruled by 80something years old already.

If Atiku is disqualified due to age so is Tinubu.

If Tinubu is bad, don't you think it will be madness to replace him with someone of his type? Shouldn't we have a change of mindset? Why should it be the same if the same every time?

paramakina202:
Tinubu himself is over 80 since yesterday or you think he is 70 years old.

So we should continue voting the likes of Tinubu?

But he will be over 80 by then...how can he function effectively?

yoruboid:
Ikwerres deny being Igbo

I am Awori and no Awori has denied being Yoruba

Show me one Egun or Awori that has come out to deny being Yoruba but there are hundreds of Ikwerres that have consistently denied being Igbo

The onus is on the ethnic group in question to accept being what you describe them as

I am Egun...we migrated from Oyo...that makes us Yoruba. Our language is a mixture of Fon and Yoruba due to long years of deep association and acculturation with both tribes.

So yes Ogus are bilingual we speak both Yoruba and Fon...but we definitely emigrated from Oyo.

The easiest part is issuing a warrant of arrest.

In the gathering of rats, the idea of belling the cat always sounds nice....but there is a little problem: WHO will bell the CAT?

Bobloco:
The North made Tinubu president, and the same North will remove him.

But I hope no Tinubu-paid agents or mandate standers will come screaming that they should allow the South or Tinubu to finish his eight-year tenure, or try to preach any 'southern unity' bullshit.

They will be reminded that Tinubu, with his allies, destroyed southern unity in 2015. He truncated an opportunity for the South, the South-South, and an Ijaw man to have an unbroken eight-year tenure. He will be told, in clear terms, that there is no southern unity.

When he did it in 2015, they called it politics, building bridges, and whatnot.

The truth is that karma is dealing with Tinubu and he must reap what he sowed. He sowed the wind and must reap the whirlwind.

Today, he is president and is regarded as the worst president Nigeria has ever had—a position he is contesting with no one.

Karma is dealing with Tinubu for all the atrocities he has committed against God and humanity

Very painful but true

Ndipe:
Nothing baffling about it. Afterall, cults are common in Nigerian universities. Their violence is not different from the violence in London.

But knowing the risks involved, knowing how they left home, some of their parents had to sell ancestral lands to be able to achieve that.

phemray:
Military is a profession just like any other professions in the world. It's a matter of choice. Everyone can not be a soldier. Mind you he was not the only one that fought war many did but no noise like Baba is trying to do.

He was not the only one who fought a war, but he is the only Nigerian to ever enter the enemy territory to receive the instrument of surrender! No other Nigerian alive or dead has ever done that!!. It is no mean feat!!!

He is the first African to willingly hand over power to civillians, he is also the first Nigerian civillian president to hand over to another civillian.

Obasanjo in all ways stand head and shoulders above every other person that has governed Nigeria, he is not lucky he fought for every of his achievement, he works hard for them.

A son of a nobody, who achieved what mighty men could not achieve.

Not like Tinubu who said his parent's poverty could not make him attend primary and secondary schools but on the other hand he got rich by inheriting landed properties from the same parents who could not afford to send him to ordinary primary schools.

phemray:
If you analyse both of them critically you will discover that Tinubu pass Ebora by far in achievements in Life as a self made person.

Ebora enjoyed, benefitted, survive and still surviving on national/government institution support. He was a soldier for 35 years on salaries, meaning he depends on government for survival. Even same institution put him on presidency twice. He himself confirmed that he never worked or prepared for both times he was president.

Yes, his administration tried but he introduced the corruption system we all see in politics and government agencies today. He retired officers that have served in any capacity and gave them such an amount for each to go to politics if they so wish. That is the reason our political environment is full of retired army today forgetting that an army general don't take orders but gives orders. That is the reason our national assembly and other politicians don't serve people but rather full of ego to the masses.

Obasanjo farm has history of how he got it and all Lands he acquired across the country and his present hilltop/ library were proceeds from contracts to Julus Berger and others. So he his never a Saint just as Tinubu is not.

He only choose to make himself relevant by writing letters or making comments. His senior ( Gowon ) and Many still alive not making issues but love the country more than him.

Talking about being respected home and abroad, he was a two term president who used the period to travel well around the world. Ok, who knows him before Murtala saga.

Tinubu is a civilian and rose to the top with no support of any government institutions. Obasanjo can never achieved that .

Tinubu policies are causing pains but Obasanjo was in better position to do that as of that time taken over from military but never did. Nigerians joint corruption was introduced by OBJ when he concentrate everything in abuja and cancel LG autonomy. He changed elections formats and timetable to favour himself. Baba should rest.

Read what you wrote again : He was a soldier and recieved salaries for 35 years! Does that make sense? Is being a soldier childs play? Can Tinubu survive 2 minutes at the war front?

You made it sound like being a soldier is an easy thing to do? A soldier that fought a war and forced the enemy to surrender? You think winning a local election at state level compares to that?

Come to think of it, The least of OBJ's achievement is totally unattainable to Tinubu, At 42 OBJ had won a war, became a minister, became the Vice president and became the president....At 42 where was Tinubu?

Some parts of UK are violence ridden...how a Nigerian will be part of it is what baffles me.