₦airaland Forum

I have been to Fathala wildlife reserve in 2009 and thank God this stick did not exist then, or was not offered to me. I came down for rhino and giraffe but I stayed in the truck for the lions. I can't come and kill myself

Intelligent people are talking, someone is shouting Ghaddaffi repeatedly

To know when you are talking with a child, wait till you hear someone lionising Ghaddaffi. just know foolishness has entered the chat

Shey na same Ghaddaffi we sabi? Waiting till they start lionising Mugabe join. African cult of Ghaddaffi is first red flag that you are talking with a child

Spy360:
For example, if they want our crude then they should refine it in our country. If they want our uranium, then they should give us their technology to apply nuclear power for electricity. These are the simple terms I mean when I say the relationship should be symbiotic.

lol. Are you a child?

Isobug:
Where's the video ....

Modified
Just watched. And Putin has made his followers signed undertaken. Now he has really identified his main enemy, he will now face Putin outrightly .

But I still don't believe this video

The video was made 19-20 August when he was in Africa. He had disappeared for a while and there were some rumours which he used the video top dispel. He died 23rd August

popizaino:
Let's leave Niger 🇳🇪 for now.


By virtue of your moniker it seems you come from Enugu. Now a quick question for you.


Is Britain 🇬🇧 still mining your coal? If No .......Then how come Enugu state isn't the beacon of development on the continent?

E choke!

OkpaNsukkaisBae:
So because republic of niger don't have the technology 2 develop her uranium, then France can do whatever they want with it. mine it, take it 2 Paris while giving nigeriens peanut.

What a slave mentality!


This is why the West suspended Uganda 4rm World Bank. The president of Uganda did not allow the West 2 steal the Uranium in UGanda why living her people in darkness.

How much is Chinese paying you for your gold in Zamfara?

Nigerien Govt stopped all uranium mining for 6 months when contract with the French company was to be renewed to force them to accept their terms. It's on Nigers terms. They can put it out to tender to any company

You will just be talking Cho Cho Cho without any financial foundation

Nigeria splits oil revenue 50:50 with extractors, same that applies worldwide, but I'm sure we would soon blame foreign oil companies for signing deal at market rate. Since Nigeria started giving oil blocs to indigenous operators some 20 years ago, how has life changed? We are finding that the foreign one have more Corporate social responsibility than the local ones. Meanwhile ask why your Governors and senators are mining their own gold in Zamfara, without remitting, you won't. It's to point fingers at those operating in line with International practices and laws with recourse to the home Government. Meanwhile your Wagner is mining what they want in several African countries with guns and coupists. You rather work with unscrupulous mafia people (Prigozhin) whose home country shoot him out the sky than companies that follow international law.

You never know wetin dey worry you

OasisX:


.....Benjamin Netanyahu was first elected prime minister of Israel in 1996 and left the Office in 1999 following his defeat to Ehud Barak.

He returned again as prime minister in 2009 and lost the office to oppositions in 2021 after 5 terms [12yrs] in Office.

Guess what? He is back in power again from 2022 till God knows when. Democracy right?!

Angela Merkel was Germany Chancellor from 2005 to 2021..... how many years bro? Ain't they practicing Democracy in Germany?!

This is parliamentary democracy. They don't elect Presidents. They only elect their local Members of Parliament and the party with the most seats then send their party leader to serve as Prime Minister/Chancellor. The Members of Parliament can also unseat the Prime Minister/Chancellor. So there are no term limits because the people do not elect a leader, they only elect their local member of parliament

Leaders in Parliamentary systems can last 20 years or 2 weeks. UK, Israel, Japan, Italy, Germany all practice various forms of parliamentary system, and they all have leaders that can last a long time (Thatcher) or few weeks (Liz Truzz). Same way Italy, Japan and Israel have long serving guys (Berlusconi, Shinzo Abe, Netanyahu) and guys that may last few weeks, while the German guys are usually long standing.

It's actually more democratic than Presidential system and my favourite form of democracy. If your local MP dey fúck up, you can actually go to his weekly surgery and hold him by the balls

saintopus:
Well it's okay. N6000 X 30days = N180,000.00

There is nothing wrong with starting with that.

Is his business open 30 days a month? You want kill the man?

larride:
I thought most of what happened in HOTD was in ASOIAF and was written by GRRM?

Or you meant to say GRRM wasn't involved in the production of the show?

I did find the show enjoyable and interesting tho. Most of the casting were perfect just like GOT.

It's watchable but it just ain't close to GOT.

Amigoss:
"People are too emotional".....

Never forget,this depicts what we went through,been through and still going through..

Imagine this was the history of Russia,we will never hear the end of it from MSM and West troll farm...Crazy enough,this same west are the people trying to lecture Russia on good morals and behaviour today...

Those under Russia thumb have escaped like Estonia, Latvia, Lithuania and co. We clap for them while you wish them to be subjugated again, but want yourself to be free.

Keep hoping on Russia that only abolished slavery of their own people in 1906. Thank God Ottoman empire never let them through the Bosphorous strait to get to Africa in slavery days, it's not by good conscience. Instead of hustling like other countries and holding yourselves accountable, hoping on an unscrupulous white man country to come save you. You never know wetin dey worry you.

OasisX:


Ọmọ Ọgbọ́n.....LOL!

Rwanda's President Paul Kagame approves the retirement of 924 military officials

- 83 Senior Officials

- 86 Senior Non-Commissioned Officers

- 6 Junior Officers

- 678 end of contract retirements

- 160 soldiers who were discharged on medical grounds.

The fear of coup is the beginning of wisdom

Sportsweb:
Help me ask Blueangel. When person like Ibime and airmark said the Guy ain't a true Chelsea fan, I doubted it. She is a Madrid fan parading as Chelsea fan.

Actually I agree with Blueangel on this one. Of that 14 appearances, only 2 are starts. The total minutes played amount to only 4 full games. The boy has high ceiling

popizaino:
the only way which i have been able to bail myself was to ask him that how come France 🇫🇷 managing the economy of cote d'ivore been able to maintain inflation to the barest minimum with a price stability that is comparable to Europe? Price of items you bought in Cote D'Ivoire,Togo,Benin in 2000 was the same price in 2019 till the pandemic. He will usually end our convo with "Oga go and read 📚 the book how Europe 🇪🇺 underdeveloped Africa. 😀

That book "how Europe underdeveloped Africa" is the book that underdeveloped Africa. You can't read it with any understanding of how economics works and not have a headache within the first 2 pages.

No surprise you have relative price stability in CFA countries. Imagine Nigerians who have lost 83% on Nairas exchange value against CFA in the last 20 years arguing against CFA. Even the rebels refused to leave CFA just talking Cho Cho Cho but will never mention leaving CFA.

grandstar:
I have always argued that France must spend a fortune defending the CFA. I also argued that France spends more money on Francophone countries than it derives from them.

The only reason why France holds on to these countries is to project an image of global power (I'll need someone here to use the right term for me)

But as you can guess, I am always shut down as people prefer s narrative that suits them, of the West ruthlessly exploiting poor nations and wanting to keep them poor.

Leave them. They should walk the talk and leave CFA. France parliament has been grumbling about the cost of defending CFA. Na the day France go change am for them, dem go know.

You overthrew France influence over 2 years ago, shouting about France upandan but won't make pim about leaving CFA.

Talk is cheap, action speaks louder.

Spy360:
Who are the 'you' ? Are they the Stooges of France or the people of West Africa in general? Because it is those who were installed by France since independence that have been holding the country down for France.

So it's not like the people want to remain subservient to France but France through using fellow Africans have forced the people to remain so. It is for this reason that we have the likes of late Thomas Sankara, and living Julius Malema etc.

The YOU is Mali who have kicked out France over 2 years ago and still continuing to use their CFA which is keeping them in bondage.

Stop talking about Thomas Sankara and other ancient of days. Mali current Government for the last 2 years have no dealings with France and are not controlled from France. They should exit CFA if it sure them say CFA na wickedness.

BFaso is now one year free of France influence. I don't see their central bank preparing to go it solo with their own currency

Niger expel France ambassador but won't dare think about expelling their CFA.

Everybody hate France but love their CFA. Shey na jazz CFA dey use?

Griffon:
You have your facts and they’re richly written boss.

However, why is this your analysis not capturing the fact that France is allowed to appropriate about 85% of their former colonies’ annual income. These countries face financial difficulties, and have to borrow back their own money from the French central bank as debts. To reclaim their funds, these countries are limited to applying for no more than 20% of the transferred amount. If they seek a larger sum, it can be vetoed. France argues that it is the money it spent on buildings and infrastructure constructed more than a century ago.

These are outright lies

Foreign Exchange Reserves is different from annual income

In the initial stage, CFA countries kept 85% of their foreign reserves in a French bank, now 50%. Nigeria keeps 100% of its foreign reserves with CBN

The purpose of your foreign exchange reserves is for international settlements and backing of your currency. It is expected to be held by your currency issuer for that purpose only, and they have chosen France as their currency issuer, yet not even held 100% of their Forex reserves with their currency issuer. This is standard operating procedure. They are free to leave and manage their own currency as some of them have done.

When the Euro was setup in 1999, all Eurozone countries transferred Forex reserves to ECB, but we did not hear of Frankfurt stealing their money, did we?

Griffon:
(3) France allows them to access only 15% of the money in any given year. If they need more than that, they have to borrow the extra money from their own 65% from the French Treasury at commercial rates.

Your Foreign Exchange Reserves are not intended to run your budgetary needs. There is never a question of using your forex reserves for that purpose, that's why Nigeria will have $40bln foreign reserves and still be borrowing $10bln to fund a $30bln budget without touching its foreign exchange reserves. That's why Emefiele is in trouble for collaterising Nigerias forex reserves, an unprecedented abuse of authority by a CBN Governor. So these are outright lies

Griffon:
(4) France impose a cap on the amount of money the countries could borrow from the reserve. The cap is fixed at 20% of their public revenue in the preceding year. If the countries need to borrow more than 20% of their own money,

This is even worse. You are not supposed to borrow from your foreign exchange reserves, exactly what Emefiele did. Someone allowed you to borrow from your reserves at 20% of your revenue, and you are painting it as wicked.

It is indeed wicked to even allow you to borrow from your foreign exchange reserves for non monetary policy purposes. It should be zero %

A failsafe designed to protect from an Abacha type leader that will just swipe your foreign reserves into his pocket

On top of that, good risk management (not allowing a debtor to borrow more than 20% of their income) is being painted as wickedness.

We never know wetin dey worry us for that continent.

Spy360:
Also that any leader who attempts to deviate from this is forced out of power either through coup or rigged election. It happened in BFaso and Ivory Coast. If they cannot see how France influence politics in Africa by empowering their stooges through economic, political and military means then I wonder.

It's simple. BFaso, Mali and co should float their own currency and escape the French Colonial tax. Mali left in 1962 and begged to return in 1984. Nobody is holding them. Lies can travel round the world but facts are stubborn.

Blame France, blame France, yet you don't want to leave CFA and go your own way because you know how CFA is subsidising you.

raumdeuter:
I have an idea of where its coming from and it doesnt make sense but I will like those who mentioned it to prove it though

Of course you know what it is. Look at these guys. They expect to have a currency without foreign reserves, to eat their cake and have it. No clue about how monetary policy works, just shouting "colonial tax". The saying "a little information is a dangerous thing" was invented for narratives like this. It is better to have no knowledge of something than to have a little knowledge and misuse it.

popizaino:
https://www./14-african-countries-forced-france-pay-colonial-tax-benefits-arnold

Griffon:
CFA Franc was at some point perceived to be a tool for the French neocolonial subjugation over 8 of her West African and 6 Central African colonies.

14 of these colonies who used CFA Francs were required to store 50% of their currency reserves with the Banque de France, and the currencies were attached to the euro.

Depending on the narrative you choose to believe, the French explained that this arrangement was aimed at shielding those colonies that issued their own currencies from the horrible effects of price inflation. To these colonies, however, it was believed to be a “neocolonial tax”, a brake on economic growth and a spit on their sovereignties.

No be today this thing play out.

Make I clear una. Every country keeps foreign reserves to maintain stability of their currency. Nigeria keeps around $30-$40bln historically of which it spends over $10bln per year defending the Naira (buying Naira by selling dollar), yet Naira has gyrated from N22 to $ to N950 today since 1994

14 African countries keep $19 billion of their foreign reserves in a private French bank in order to stabilise the CFA and CFA has not moved one cent against Franc or Euro from 1994 till date. France has heavily subsidised CFA for the last 30 years in order to keep that stability. France has even asked for them to nominate 2 African banks to keep the money, they don't trust each others banks to keep that money safe.

Leaving or joining CFA is of your own free volition. Mali and Guinea left in the 1960s and begged to rejoin the 1980s after failing to keep their currency stable. Equitorial Guinea and Guinea Bissau who aren't even French colonies begged to join in the 1980s and were accepted.

We read from JP Morgan how Naira is gyrating because the true state of our reserves is only $3.3bln, yet 14 countries are perfectly defending CFA without blemish since 1994 for an average of just over $1bln per country

So the question now is if you outsource your monetary policy to an entity to protect your currency, where will you store the reserves needed to defend the currency. Who will bell the cat and open themselves up to false narrative? France do not keep nor use the reserves. It is kept in a private French bank which the CFA countries trust over their own banks. Eurozone ECB reserves are administered from Frankfurt, yet we don't read about Poles, Lithuanians, Spanish and co complaining of neocolonial tax to Frankfurt. You can only push such narratives amongst a poorly educated populace with a persecution complex.

Niger, Burkina Faso and Mali have their "independence" and have refused to float their own currency to escape this "neocolonial" tax. Why? Because they are the ones taxing France to keep their currency stable. France spends its own money to keep their currency stable and even French parliament are complaining about it. I for like see how desert countries overrun by jihadists who are net importers of food won't suffer widespread famine without the purchasing power CFA offers them.

Unfortunately for France, you cannot easily kick a country out of a common currency as they should do to the likes of Niger and co. Even Nigeria is free to ditch Naira and use CFA or dollar if they want, that's why countries use dollar when their currency becomes useless eg Ecuador, El Salvador, Zimbabwe use dollar fully and don't have their own currency, and countries like Argentina are planning to go that route. You don't need permission to use another man's currency. If e sure Niger, Burkina Faso and Mali, they should simply ditch CFA and use their own currency. We saw Robert Mugabe shouting "West, West, West", same Robert Mugabe ditched Zimbabwe currency for dollar in 2009 after all his ranting. True definition of hypocrisy.

If you think keeping foreign reserves with your currency issuer is a tax, please advise the African countries pictured to run their foreign reserves to zero.

andrewbaba44:
What adds nothing to Brighton ?

Ansu Fati

andrewbaba44:
De zerbi effect

One of the best epl managers

It adds nothing to Brighton

obainojazz:
They said France is forcing its colonies to pay tax amounting to $500billion per year

I'm waiting for Griffon or Okpansukkaisbae to explain the colonial tax to me. At least for the benefit of the reading public, I for like make this lie get debunked or proven

iamoyindamola:
You sure?

I sure, abi you get evidence to contrary

iamoyindamola:
I they ep5
She later marry Gaius the man that plotted the death of her father, she is trying to wriggle her way to the top
It's majorly about politics how much and what you are willing to sacrifice to get power

How you rate am out of 10

iamoyindamola:
No that's not what we mean
They have no right to say the election was free and fair
They didn't observe the whole country, there were complaints yet they turn blind eyes to them
If anything happens tomorrow they will want to help, what kind of help is that when they assisted the problem in the beginning

They never said the election was free and fair

iamoyindamola:
Blueraydick I think they are practising incest in this domina
Gaius want to marry his sister's daughter and also give out his daughter to marry his sister's son just to strengthen the family bloodline
The whole arrangement confuse me

How that series dey go. It looks Ok, na one episode I done watch so far

But I no dey usually invest time in series where the lead character is female. Abeg give me situation report so I go know whether to continue or not

Griffon:
Even after independence, France still forces 14 of its former colonies to pay colonial taxes for the ‘benefits of colonialization’. You can’t revolt against your master, best you can do is to steal your own and contribute to the decay.

Please explain this colonial tax to me. A lie will travel round the world twice before the truth reaches the nearby village

BlueRayDick:
You are conflating issues and for the sake of the reading public I will clarify my stand on this matter.

I do not blame the west for the woes of African nations post independence. I personally believe the west underdeveloped Africa during colonial rule and thereafter fellow Africans who happened to be our greedy political class took off from where they (the colonial masters) stopped.

At least we've seen the disappointment African countries ruled by Africans for decades have turned out to be. However, what I condemn is the hypocrisy the West shows when Africans that have been oppressed by fellow Africans(without the interference of the west) decide to treat their African problem the African way. Now at that point u see the voice of the West talking about democracy in Africa is not negotiable even when democracy has not helped those people for a while now.

If the west can keep quite when the going gets tough, good or worse, I wont have any issues with their stand on African matters.

You go explain tire, no evidence

You just blamed West for calling Naija election credible despite Mama Chinedu being beaten

Shey we were here when Tinubu was attacking EU for saying the opposite?

raumdeuter:
Was that not because Gbagbo lost an election and refused to leave? So the West is also to blame for removing a man who lost an election and refused to leave

Abi what is your own recollection? Who won the eleciton between Gbagbo and Quatarra and what led to Gbagbos ouster

Dem go dey alright las las

Do anything wrong in Africa, and once you blame the West you go dey alright

MC Oluomo beat Mama Chinedu, blame West for not intervening

Gbagbo lose war and refuse to leave, causing a civil war, blame West for intervening

Blame West for taking 8 years to arrest Dieziani, blame same West for not arresting other politicians you provided no evidence against

West is looking like Akon right now

iamoyindamola:
If west can't involve in small squabble they have no business involving in coup like squabbles
Na from clap dance they start na
They saw the last election and declare it peaceful right?

Oga you are on your own oh. No external party will fight small squabble for you

BlueRayDick:
Alaye say make dem make noise on his behalf

Guy don humble

iamoyindamola:
The same west that saw when a thug was threatening mama chinedu not to come out to vote

So West should invade you over Mama Chinedu affair or what?

Do you get involved every time children are squabbling over rubber band and trinkets?

BlueRaydick that probably celebrated when EU found fault with the election now saying West declared it free and fair.

Africans never know wetin dey worry us. We go dey alright las las.

nihilistjnr:
You excluded the part where Ali Bongo (what a name by the way) got the senate to agree to a law that allows him to APPOINT senators. Yes, APPOINT senators.

There's something about central Africans that is just insane. If you look at Gabon's neighbours, there's a very lamentable trend to be observed:

Cameroon- Paul Biya - President since 1982 till date

Equatorial Guinea - Theodoro Nguema - President since 1979 till date

Central African Republic - Jean Bedel Bokassa ruled from 1966 to 1979...this one even coronotated himself as Emperor Bokassa I of Central Africa (Google it)

Burundi - Pierre Nkurunziza - President from 2005 until his death in 2020

DR Congo - Mobutu Sese Seko ruled 1965 -1997,deposed in a coup by Laurent Kabila 1997-2001, whose son Joseph then ruled from 2001 - 2019, after his father's assassination.

Congo Brazaville - Dennis Ngueso - President from 1979 till date.


These people are literally insane.

Central Africa is a basket case

Will never forget the case of the first King of Central African Republic who spent one quarter of the country's budget on his coronation