₦airaland Forum

iamoyindamola:
Na lie
City are yet to beat any of the traditional top clubs in epl except for their neighbor

But we dey dash all of Una point except Pep

If Pep no win league, na we cause am

Enzo is a mad man, falling down for cheap free kick when Man City are attacking

Poch turned last 20 minutes into Man City attacking training session. No outball on the wings

swiz123:
Ibime, God will punish you and your son nwa devil

Amadioha punish you. Wetin consign Son of God inside

swiz123:
Nkuku is a lazy idiot

He is

Which formation we dey play now abeg

Enzo done dey put in effort last 3 games. We should keep calling him out

See wetin Haaland miss

Nkunku is not a 9. Seems Poch is the only one that doesn't know this

Jehovahs Son is back

Unlimited22:
If you believe so chief, but let's see something that's not a Deji Adeyanju post.

Wike goal is to remove Atikus votes from the equation and Obi candidacy fulfilled that. Wike made a lot available to him, and with that fanfare Obi was received by Wike, there's a Nigerian way of greeting your visitors (donations). Wike went further to make vehicles available for Obi and was inviting Obi for commissioning projects. Wike was also donating to anyone and everyone at that time, looking for allies. Wike even donated N200m to "Foundation for Wives of Ondo State Officials and Female Political Appointees" (FOWOSO) at that time. Wetin concern Wike with Ondo State wives? A good politician keeps all possible allies happy.

Unlimited22:
I never said the money was beyond what Wike can give out.


I said the odds of Wike giving that to Obi are astronomically small.

They are actually high. Wike was fishing at that point and fighting with PDP. Obis silence after what Wike did in Rivers is also an indicator

afrodoc2:
Wicked abroadian. Such an unfeeling post.

I'm only observing. Popizaino is the one you should be holding. He is in the field, working against us.

Theuniverse:
no human coach can outsmart AI. AI can take in all variables, calculate and implement answers at light speed. the power of AI supercomputers or quantum systems pass any human coach ability to outsmart. lastly AI systems are self learning and improving continuously like humans as long as data is fed in.

90% of coaching is based on human qualities. A coaches ability to motivate, inspire and command fear and respect, exert power, and extract labour from players is more important than any artificial intelligence.

https://www.nairaland.com/8002849/army-arrests-dangote-trucks-3


CFA is flogging Naira wotowoto. All goods heading to Francophone countries for that sweet and stable French-backed CFA and Govt knows it.

Inflation has not yet caught up to Naira-CFA deterioration

CFA is up 3x on Naira in the last 12 months, and until price of goods triple in Nigeria to match, it will be more profitable to sell to Francophone neighbours. Same 1 CFA you got last year for selling to the Francophones is the same 1 CFA you will get now, but it's 3 times more valuable in Naira, meanwhile Nigerians are not ready to pay 3 times what they paid last year. . . . yet.

The unspoken message in Govt narrative of "hoarding" is recognition that wholesalers will rather sell to Cameroun, Chad, Niger or Benin

Allez Les Blues


. . . .

raumdeuter:
I am always skeptical of populist moves like thus as I feel they don't address the root cause but just seek to scapegoat some people.

I am not an economist and don't know what theory this follows but it sounded like when Emefiele blamed Naira depreciation on abokifx. I believe in free market. If you hoard goods to speculate and prices tank you will end up eating your grains by yourself

Those who know what war against hoarding will achieve in the long term can shed more light

It's similar to Buhari flogging hoarders in 1984

There is no such thing as hoarding

Storing food in warehouse for later distribution done turn "hoarding". Na witch-hunt

BlueRayDick:
As an educated person Ribadu owes the congregation a duty to at least educate them after the clown of a cleric must have done with his lectures .

He should've asked for a chance to speak after the cleric and just clarify on some issues . As the NSA I expected him to at least tell them the anchor borrowers was a loan and they are expected to pay ; albeit he will talk to the authorities to give them grace to pay at a forward date . He can also chip it in that we are one in this country even though we support different parties ( even if he doesn't believe it )

They won't stone him if he does that . And I'm sure by now that his stupid laughter video is trending ; he would ask his team to release the video of him Correcting those impressions .

There is no telling that he didn't. But there is an anger you will face, your church mind will give you sense

I see that his laugh as the same laugh that Okocha gave after missing penalty against Brazil in 1996 Olympics at 3-1 down

Unlimited22:
I once was going from my family house in Oyigbo to work in Rukpakwulusi New Layout, close to Eliozu bridge. I go comot house by 7 and get to work before 8.


My uncle has a 2-bed inside Rumuigbo New Layout, on the East - West Road axis before you get to Obirikwerre flyover. It's 1.5m in a secure neighborhood with light water and furnishing.

For my other uncle side for Rumuokwurusi, better selfcon no pass 300.

Even inside GRA, 2bed na from 2.5-3m. Guy housing really dey give me hope for Port Harcourt. And the recent road repairs and constructions have helped to ease movement to the extent that I can stay in Oyigbo and work in Borikiri and still get to work on time.

Borokiri to Oyinbo is actually only a 20 mile journey. I expect to make that in 1 hour in a town with good road network. In my secondary school days in mid 90s, I did Borokiri to Rumuibekwe daily by bus and that was a 1 hr 45 min to 2 hr journey. Today that journey should be like 1 hr.

Unlimited22:
Truthfully, even though house prices Don Dey rise lately, housing in PH is bae tbh

House prices have been dropping or stagnant in PH since 2017 or so

Actually sign of bad economy. Jobs no dey to sustain home buyers

BlueRayDick:
I am less concerned about Ribadu shinning teeth, but deeply concerned that Ribadu the national security adviser sat down in a gathering where this much bile and idiocy laden message was delivered as lecture.

Like a country where we claim we are one and and the NSA sat there not even correcting the misinformation that Northerners deserve to collect loan for farming and not repay the loan?

That the NSA will sit down all through a lecture where the man is suggesting northerners should not be probed or investigated?

Shame on Ribadu! Shame on DSS if they don't invite the stupid cleric as well

When you sit in a committee of clowns, you have no choice but to laugh. Wetin man go do?

BlaqFaze:
you should employ an AI to edit this

Vic2023:
I always dey pray for the down fall of the dollar and I will be during so! Anytime it starts manifesting (the dedollarization) I will convert my earnings into another upcoming global currency ,

Prayer without works is dead. Show working

Because of people like you, dollar will continue to remain relevant. People trust what they can freely exchange and freely redeem, unlike ruble and renmibi

shoodboi2:
The current exchange rate issues has deceived him so much

If true, further evidence that you shouldn't have been shouting dedollarization upandan for the last 2 years while exchange rate was gearing up to flog you wotowoto. Now dollar done catch you

Vic2023:
laughing stock,
Last year you posted one of my thread
asking "how to exchange # to $ here, to mock me but I told you that i also earn in dollar,

So you are chasing dollars while shouting dedollarization upandan

Wicked man! Stop leading retards on this thread into poverty while doing the opposite. Practice what you preach!

shoodboi2:
You're still doing it. Work on your self-confidence, Ibime.

Life is about show and prove. He is typing dedollarization upandan while dedollarization is showing working on him.

You retards will never understand the power of the dollar. In Russia today, you can't exchange rubles for foreign currency freely. What do you think individuals will do once that restriction is lifted? They will immediately buy foreign currency so their money is never trapped again. That is the power of the dollar, free from any autocrats decree and protected by democratic rule of law, and that's why people keep rushing it.

One nigga said Garri has become cocaine

Olowunl01:
In essence we would have fared way better had Jonathan continued instead of Buhari... At least he had the smart to allow those better at economic management the reins, had better approach wrt Niger Delta issue & Oil Production.

Whilst Nigeria hasn't been great in a long while the genesis on today's problem started with SNG & Buhari.

Hopefully Tinubu can get our oil production up, that's our only get out of jail card, cutting wasteful spending is not Tinubu's strength especially with an Akpabio as Senate president

I think you are right on the oil security part, Jonathan would have been able to settle the boys, however I have a good suspicion that disaffected PDP people in Niger Delta started the oil theft as soon as they left Government. This suspicion occasioned by the immediate arrival of soot in Rivers State as soon as power changed hands and Wike entered. There was no soot in Amaechi time. The change of power changed the fabric of how oil was stolen and who by

Buhari major sin is continuation of his misguided capital projects even after the shale oil crash and the COVID oil crash. Those finished Nigeria. Ontop the fact they were not bringing in Forex due to the price and volume crash, CBN was using what little reserves we had as collateral for Buhari borrowing for capital projects. That's why our foreign reserves is non existent and incapable of defending the Naira. Buhari was a major disaster.

shoodboi2:
As usual, everything about you is always money, money, money. Money you don't have. Work on your self-confidence.

Doofus, conversation is about dedollarisation

Dollar to Naira rate is driving him into sapa while he is still shouting dedollarisation.

If dollar hasn't killed him in 10 years he can mention me, I don't know why he's mentioning me now in the middle of serious wotowoto he is receiving from dollar exchange rate

You are oppressed in your own mind, I don't blame you

As concerns our current hardship, Tinubu go inevitably suffer the anger of the people. I'm 100% certain he knew what he was walking into and the sapa that will be unleashed and I believe he is ready to take the flack. I don't share the same anger as people directly impacted by the current inflation, I'm sure I would in their situation. But I think Tinubu and Cardoso are taking steps I would expect, albeit too late for Nigeria and akin to putting a plaster over a gaping wound.

Examples are clearing FX backlog, auditing FX liabilities and rejecting fraudulent submissions, CBN oversight over NNPC remittances, and increasing our bpd production with the return of security contracts to Tompolo. Nigeria has lost 30-40% of it's production in the last decade, and more importantly so, lost a good portion of its onshore production which produces more favourable income sharing than offshore where the oil companies take more % due to the complexity and cost of deep sea drilling. I would also now expect a restructuring of all of Nigerias loans to more favourable long term loans. None of these would balance the Naira sufficiently but at least someone is doing something unlike Buhari and Emefiele who buried their head in the sand and passed the problem on.

I reckon Naira will only achieve long term stability with a return to $60bln to $80bln in FX reserves. This will also require immediate stoppage of all capital projects till we balance our books, retrenchment of some civil servants, as well as a return to excess of 2m bpd production.

I am not surprised or angry because everything we are seeing is as expected after seeing the state our reserves were in. Some things are simply inevitable. The only question is whether the social fabric of Nigeria will survive the coming sapa. Hopefully some of us were able to protect ourselves.

Ibime:
The incoming administration is already dead. All Nigerians should open dollar account with whatever they are not using to protect themselves

Ibime:
I just looked at Nigeria's forex position and official figures says $38bln which is normal range and enough to defend the Naira at the very least from the last week of mayhem. But another unconfirmed report is saying the true picture is only $15bln which may go somewhere to explaining the inaction over the last week of freefall.

This still comes back to Nigeria's inability to prevent oil theft which has seen oil production halve since 2015, reducing our ability to earn forex. If that $15bln forex picture is correct, then this may just be the start of a monumental slide

Vic2023:
don't panic yet, the process likely to take a decade,
a decades to come dollar will be worthless

Mention me in a decade if sapa never kill you by then

That's how Soviet Union was shouting dedollarization in the 1970s and 1980s till they fell

You've been shouting dedollarization instead of buying dollar since 2022 and now sapa go soon send you go village

You started match against dollar at 0-0, shouting that you will score in 2nd half, meanwhile you are 3-0 down at half time, and still shouting what you will do in second half

Vic2023:
@Ibime 🤪🤪🤪🤪🤪

Dedollarization propaganda never tire you clowns?

Dey shout dedollarization since 2022 while dollar dey fire you wotowoto steady