₦airaland Forum

Never give up sir

You know

Henry120:
President GEJ acted fast, very very fast infact. He's major problem was he's inability to engage or importantly buy the media, to better explain what he has been doing.

This is was where he blundered massively.

I disagree with you.

Why are Nigerians like this. Our greatest problem is not corruption but our mindset. I.e our way of thinking.

Take example of developed nation, then tell me if Nigeria is in their league.

You know. .....

IsraeliAIRFORCE:
The calculated propagandas were pre-planned, systematic (and yet preposterous) aimed to bring down President Jonathan's government.

I can really know or explain why most youths leaning toward opposition party were celebrating Bokoharam and questioning every positive new coming from the our Soldiers.

Chibok girls kidnap is not an exception but part of the grand plan.

It's rather unfortunate that majority consisting of gullible and intelligent Nigerians bought this poison.

I love what post but let be bro. If president Jonathan acted fast, this nonsense wouldn't be one methods for his downfall.

This will be a lesson to everyone when such problem arise don't just defend it but also attach it at the best time.

You know. ......

cjrane:
After Baba one chance implement his communist economic policies, we will be pleading for 1% growth rate.

Just pray for the betterment of our country.

You know. .....

socialmediaman:
Really? What about the transformation they promised us?

Shhhhhhhhh... Don't panic. Change is here

For your information, so plans are long term goals.

Remember Japan bro

GMB no time for stories,a lots of work need to be done.

Nigerians will support you.

GMB be prepared.

No time for stories

Exchange Rate for Dollar-Naira, Thursday 14th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N218950 & N224.50

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira,

Exchange Rate for Dollar-Naira, Thursday 14th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N218950 & N224.50

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira,

Analysts at FSDH Merchant Bank Limited have estimated that Nigeria’s consumer price index (CPI), which is used to gauge the level of inflation in the country will increase marginally in April 2015 to produce a year-on-year figure of 8.6 per cent.

The projected amount would be higher than the 8.5 per cent recorded in March 2015. The National Bureau of Statistics (NBS) is expected to release the inflation rate for the month of April 2015 on May 18, 2015, based on the data release calendar available on the bureau’s website as at the time of this report.

The latest inflation rate for the month of March at 8.5 per cent, wa
s higher than 8.4 per cent recorded in February 2015.
The movement in food prices at the international level, as measured by the Food and Agriculture Organisation (FAO) Food Price Index (FFPI) for the month of April 2015, showed the index averaged 171 points, 1.2 per cent lower than the revised value in March 2015, and 19.2 per cent lower than the April 2014 figure.

“Our analysis of the foreign exchange rate of the local currency indicated that the value of the naira depreciated against the dollar marginally by 0.06 per cent from $1/N199.11 by the end of March to $1/N199.23 at the end of April. The fall in the international prices of food helped to counter the effect of the depreciation in the value of the naira.

“However, we still hold the view that the effect of the devaluation in the value of the naira in the month of February 2015 is an ongoing process that will continue to trickle down and reflect in the local prices,” the FSDH report added.

Source:http://nairausd..com/2015/05/inflation-rate-predicted-to-inch-up.html

eliment:
we gave gej and okwonjo a sound economy this is what the are living us with. Thank God something new is happening we hope things for the better

Wow that were we are bro.

See also

http://nairausd..com/2015/05/inflation-rate-predicted-to-inch-up.html

Nigeria’s real Gross Domestic Product (GDP) growth rate further declined to 3.86 percent in the first quarter of the year (Q1 2015) compared to 5.94 percent the previous quarter, according to the National Bureau of Statistics (NBS).

Also, the Consumer Price Index (CPI) which measures inflation rose further to 8.7 per cent in April compared to 8.5 percent in March.

However, the country’s GDP growth rate was lower by 2.25 percent points from the preceding quarter and by 1.98 per cent from the corresponding quarter of 2014.

According to the GDP first quarter report released yesterday by the statistical agency, Quarter on quarter, real GDP was lower by 11.57 per cent.

Nominal GDP in Q1 2015 was estimated at N21.04 trillion compared to N24.20 trillion in Q4 as well as N20.16 trillion in the corresponding quarter of 2014.

The NBS stated that relative to the preceding quarter value of N24.20 trillion, nominal growth was lower by 13.07 per cent.

It further noted that the depressed global oil prices, as well as challenges in supply in the country prevailed over the period under review as oil production stood at 2.18 million barrels per day (mbpd) in Q1 of 2015, remaining at the same level as it was in the preceding quarter, and 0.08mbpd lower than the 2.24mbpd recorded in Q1 of 2014.

It said oil sector contribution to GDP was negative at -8.15ercent, representing further decline of 1.55 percent from -6.60 per cent in Q1 2014.

“Nonetheless, quarter on quarter growth remained positive, at 3.08 per cent As a share of the economy, the Oil sector repre- sented 10.45 per cent of total real GDP, down 1.38 per cent points from the 11.83% recorded a year earlier, yet up 1.49 per cent from the 8.97 per cent recorded in Q4 of 2014,” it added.

However, it stated that growth in the non-oil sector was largely driven by the activities of trade, crop production, other services, construction and telecommunications.

The non-oil sector grew by 5.59 percent in real terms in Q1 2015, representing a decline of 2.62 per cent when compared to the 8.21 per cent recorded the previous year as well as a decline of 0.85 per cent from the value of 6.44 percent recorded the preceding quarter.

Meanwhile, the NBS attributed the 0.2 per cent increase in headline index to faster pace of increases in the food and core sub- indices.

Core inflation “increased at a faster pace for the fourth consecutive month. Prices rose by 7.7 percent (year-on-year), up by 0.2 percentage points from 7.5 percent in March with the strongest increases recorded in the Clothing and Footwear, Furnishings and Household Equipment Maintenance; and Restaurants and Hotels Divisions.”

It said:”On a month-on-month basis, the highest price increases were recorded in the potatoes, yam and other tubers, oils and fats and bread and cereal groups. The average annual rate of change of the food sub-index for the twelve-month period ending in April 2015 over the previous twelve month average was 9.5 percent. The twelve month rate of change has held steady for eleven consecutive months.”

Source:nairausd..com

Could this be true.

You know politicians.

Hmmmm you know. .......

PDP is sitting on a long thing.

Of all the most trusted SAINT of APC SUPPORTERS & LINUS ASSOCIATION.

In fact go employ him blood related whoever. Una go see a great turn around.

You know. ....

Exchange Rate for Dollar-Naira, Wednesday 13th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N218.50 & N223.50

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira, Wednesday 13th May 2015

nairausd..com For more information

Exchange Rate for Dollar-Naira, Wednesday 13th May 2015

CBN $1 N197.00

OFFICIAL RATE $1 N199.05

BDC $1 N204.00

PARALLEL RATE $1 N218.50 & N223.50

**Please note that the Parallel rate varies for different location

Exchange Rate for B Pound-Naira, Wednesday 13th May 2015

Visit nairausd..com For more information

SHARIAREPORTERS:
May we never regret voting oga jona out of power
I hope and pray Buhari performs

Nigerians are with you bro.

Wait guys is th.....

Strange world we live in.

May God heal us.

Kasiem2:
I think good citizens of the country should help in contributing money for our people in imo state will return to schools. We know that okorocha has sold the state entirely, so we should allow the humanity in us to rise at this moment.

Guy did you know you are very funny.

Kai! My people ONE CHANCE BAD OOOOHHHHH.

You know. .....

I keep saying this that NIGERIA greatest problem is not corruption but our mindset.

Apart from our mindset the system will operate in this country is very bad.

How can we grow as a country when we are not ready to sacrifice ourselves.

We keep deceiving ourselves

Nigerians we are hypocrite let face the fact.

If we want to grow we can do it no two ways about it.

You know. ......

GBTYO:
Meanwhile, osunnites will still be hating on us on their emptied stomach
Rauf Odenni AregbRascal the oni gbesse ole himself can only lament about more oyel money!
Carry go southsouth let us show them that living good is the best example!

Guy very wi of the cked.

This your post fit make some people enta hospital.

baybeeboi:
make those abokis them hear you first.

Bro this madam we de too smile for camera.

I no lie she fin wela kai! But make we pray say kleg no follow.

You know. ......

Kai! She won start her own. Remember

If yerimas plus yaro dem cash you, hmmmm l no no oh.

Kai! Ebi like say this won na big bad maket .

.

Am really surprised with the APC formula.

More drama to come.

Nigerians be prepared for whatever happens.

You know. .....

What is wrong with our president and president elect.

Both of them talk too much.

Why.

You know. .......

Wait oh, l though we have civil union in this country.

Or are they dead.

It seems Murray Bruce was right.

You know. ........

Bro please remember your mother. I believe you.

More drama will shock Buhari concerning APC.

As for Nigerians be prepared for whatever happens.

Remember God is with us.