₦airaland Forum

barcanista:
The PVCs should be disributed, nobody must be disenfrachised. However, election will hold and Jonathan will be re-elected. Cest fini

Flets:
Many illiterates in Nigeria. Falling crude oil prices is affecting all OPEC economies and many are here yapping.

Let every sane mind listen...

If By Chance Buhari wins.......
ND delta militants will reduce oil production in this regime of low oil prices..... that is the true doom and perilous times

Investors will simply withdraw their money
FDI will almost get to zero
Dollar will be exchanging for 350 naira
Our economy will truly shatter

And even if you send the entire Nigerian army to the creeks, the IOCs will never venture to send their workers into a volatile region to produce oil..... not even at this current crude pricing

Vote wisely

Oduduwaboy:
Hmmm....to those who blame Tinubu for everything wrong with their lives hear this ; Tinubu is just well aligned with the majority of the Yorubas . He has pocketed no one but you can choose to believe whatever you want to believe . Your funeral !

natureblack:
Buhari is perpetually unelectable

Kola4uniadgog:
Bro, u raised a lot of issues but it was basically subjective. Our billionaires contribute to our economy. People like dangote have over 90 percent of their investment in Nigeria. You need to know the number of people that make a living working under him. Same goes for the many billionaires who have investments here and there through which many Nigerians are gainfully employed. I won't delve into their source of wealth.
Before u fly, u have to learn first to walk. No matter how prosperous an economy is, there will still be people that will be left behind. We have homeless people in america and people that beg on the streets. Though they are very small. China is the second largest economy in the world and a larger percentage of their population is poor. But that is no excuse for our current state. Resources have been mismanaged over the years but it is wrong to throw everytin at jonathan's table. He has only been president for about four years. And I hate to count the period he was an acting president cos it wasn't his mandate and he didn't have much political power to take anytin drastic so as not to danger his endorsement for president.
If the economy has not been diversified in the last thirty years and an administration is making a attempt to do that, that is laudable. That is the way to go, achieve self sufficiency in rice production, sugar. By the time dangote's refinery comes on board, Nigeria will be a net exporter of petroleum products just like we are now exporting cement.
That is how to grow an economy. What do u think he ought to have done that he is not doing?

Billyonaire:
I am proud of you. You are so smart, you carried out your little research in your little world and come to conclusion that 99.999% of rich people in Nigeria are crooks. Clap for yourself little man. I do not want to argue with you on that. I am sure Nairalanders already know your mental state judging you by that analogy.
Going back to GEJ and exchange rate. The Feds used our foreign reserve when the Brent Crude prices fell to cushion the effect on the economy and the exchange rate due to marginal fluctuation differences in the Exim indices, but we accused the Feds of depleting our foreign reserves. The Federal Government has stop using our Foreign Reserves to regulate the rate. So lets face it now. Dangote has lost half of his fortune. That's the reality we face in an Oil dependent economy. Now, we are facing the reality of the fall in crude price. Let's do the maths, empty head. When brent crude was 120 pb, Naira was 160 to a dollar, so now the brent crude price is 56dpb then you should expect (160 x 2.7 ) = (432 naira to a dollar)to be the exchange rate but the government is still able to control it to 225 at the moment.
Give respect to billionaires.

Billyonaire:
You are saying billionaires dont have time for internet ? I am sorry, Have you heard of Bill Gates, Mark Zuggerberg, Larry Page, Steve Job ? I think your ignorance is making the angels cry in heaven. Who has time more than billionaires ? Big money struggles for itself, I do not have to work anymore, I just shout on phone, full stop. Change Niggas running out of change....you will become beggars soon.
Do not call your father's president a he-goat, your father might be angry.

ibedun:
Internet Billyonaire? Wonder how he finds time to engage in political tout-talk.
That these people are so blinded by ethnicity, tribalism and prejudice that they cannot see the economy nosediving and the Naira at a ridiculously dangerous exchange rate with the dollar is shocking.
Keep hailing that ignoramus called GEJ.
Almajiri schools have no long term future but it is a good intervention programme for now BUT the He-goat (GEJ) needs to stop making so much noise about it.

dunkem21:
Wow. Classical. Excellento!
What drink do billyonaire's take?

ahaika23:
Don't bother yourself, he has be-witched the entire west and they all worship him for stealing them dry

ichidodo:
[color=#1980BC] When we say increase tariffs so as to encourage local production,industrialization and employment álàInnoson,Ogbuawa,Ibeto,Orange drugs etc them janjaweedes scream blue murder....it is good the natural law of economics is allowed to do its thing for once.Importation has always been a steady drain on our reserves and exchange never mind breeding economic laziness and curbing creativity in the system.Now everybody has to sit up and industrialize. [/color]

867Y5309:
[size=28pt] YOUR HEAD IS WELL BALANCED ON YOUR SHOULDERS [/size]! CARRY ON

DaGC:
Business ventures are not always smooth and steady. Bumps happen occasionally. Microsoft and facebook suffered same. Samsung did too last year. They just have to keep working hard.
#Sh*tHappens

fresh15:
Nigeria under Jonathan can never fall.The Nigerian economy is very viable and is attracting even more investors,the GDP is increasing.Therefore,Nigeria is rising to greater heights and nobody should think of falling.

Akon419:
Morocco has nothing to offer in as much as the world is concern . What has they invented as a nation? Rubbish article