₦airaland Forum

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Boeing 737 Max has tainted the image of Boeing so much that investors' confidence in Boeing is at all time low. Imagine a plane that the engineers that built it testified that they or their loved ones will never fly in it.

However, Boeing is taking steps through corporate overhaul, prioritizing engineering process over shareholders' interests, etc to turn the tide. But only people with suicidal ideation should contemplate getting on B737 Max Before you buy that plane ticket, verify the model of plane you are taking to avoid untimely reunion with your ancestors.

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Godsonachebe:
I love they way the are using quality contractors
Julius Berger, caneburg, China civil engineering company (CCEC)
Good quality unlike state where they're using umunna and co construction limited 😂🤣
What a nutty professors

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Just like Wike did in PH.
He used Julius Berger which has a track record of quality projects. Quality over quantity.

Some governors will build 100km roads that can only last one rainy season and their paid vuvuzuelas run to town to blow their trumpets with pictures of the same project taken from different angles.

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No qualms. They are arming themselves with heavy artillery while their Southern counterparts are told to continue fasting and praying that Jesus and God of Israel will protect them. Then you wonder why they can brazenly sack villages in SE/SW. No sane military battalions would want to confront them. The only solution for now is aerial bombardment. But all of us know how that goes.

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The irony of life!

Nigerian christians are all over the place shouting "God of Israel" and "Jesus Christ".

Candace Owens was just fired from a Jewish establishment "DailyWire" for saying that "Christ is King"

Go figure! Isrealis are not Christians and they admit it publicly in words and deeds that they don't recognize Jesus Christ
as the son of God. They only know one God and his name is Yahweh. But who will educate the impressionable Africans?

Ignorance is bliss.

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Elliotwaveforec:
So, economic growth is the only macroeconomic challenge Nigeria has, right? What about inflation, price stability, etc.?

In this present economic situation, which of the challenges needs to be prioritised? Don't you think when the exchange rate is stable, there would be confidence in the economy and price would stabilise as the number one cause of inflation in Nigeria today is weak exchange rate? I hope you know it's not only monetary policy that can be used to spur growth? Fiscal policy is available too!

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While we shout "inflation", it will be proactive to understand the causes of inflation in Nigeria --insecurity begets food inflation as kidnappers prevent farmers from unhindered access to their farms. Let's not delve into abrupt removal of oil subsidy without planning ahead for palliatives. Floating of naira when the country is heavily import-dependent with no production/manufacturing base and the only major source of forex known as oil is marred by corruption and theft. Even in the forex transactions, corruption via arbitrage and prebendalism are the orders of the day. What's the nation's foreign reserve?

As noted earlier, what Cardoso and team are doing is akin to signing up Nasarawa United FC to play in the English Premier League. A child must learn to walk first before attempting to run.

The current problem in Nigeria is not inflation but stagflation--inflation in a stagnant economy.

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BIBILARY:
Can anyone interpret what this means to the Nigeria economy?

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He used the prescription for asthma in Europe to try to cure cancer in Zimbabwe. In other words, he is using the textbook implementation (increase rate to mop excess liquidity) used by Western developed economies to fix Nigeria's voodoo economy. Comparatively Japan (the 4th largest economy in the world) just increased their monetary policy rate from negative to 0 - 0.1% and that's the first rate hike in 17 years. China's prime rate remains unchanged at 3.95%.

Perhaps someone can explain how a poor country trying to spur economic growth will increase her MPR to 24.75% Shylock rate. Nigerian economy is in coma and Cardoso is feeding it Sniper to quicken her death.

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Watch out!

He will magically escape from police custody.

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Trollronaldo:
Just 1 week after construction and heavy rainfall, Ochanja road collapses because Soludo does substandard roads. We don't want governors like Soludo in southeast. A governor that cannot construct a road that will last 1 month.


Watch video below:

Dubai-Taiwan Road by Prof. Omachancha!

Tufiakwa!
pic.twitter.com/0wn4ZmgKa3

— Anambra 1st son (@UchePOkoye) March 25, 2024

/mediaViewer?currentTweet=1772358572753473851&currentTweetUser=UchePOkoye

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Forward to Anambra1st son please.



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Waste of time, money and effort.

Nigerian institutions do not have competent prosecutors against big corporations or powerful politicians. I doubt if they know how to collect, protect and preserve evidence. The best they can do is raid MTN's office in the usual gestapo zombie style. What came out of the shakara raid of Okorocha's house by EFCC? After all the drama, Dino is living freely in Nigeria today and was even cleared to contest in a gubernatorial election in Kogi State.

The case will be thrown out.

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AngelicBeing:
Dollar Hoarders in the mud

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LOL. Apparently you don't know how Nigeria works. Policy implementation is the greatest challenge. All these are just bandaid approach to stabilizing naira.

Jerome Powell signalled that the Fed will cut US interest rate three times this year and that definitely will help the naira. But then with US equities at all time high, risk aversion will support the US dollars. Overall, I am fully betting against the naira because Nigeria is fully import dependent. N1265 is still far cry from N700.

What do you think is the outlook in 1, 2, 3 and 5 years from now? The Blackman doesn't plan beyond 6 months.

If you want to send money to Nigeria this second, it is still N1420/$

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A government that means well should first of all check the activities of real estate agents. It is wickedness for fees to be equal or sometimes greater than the actual rent. It seems that there is no regulation in place. Agent's fee must not exceed 5% of the rent. Caution fee must not exceed 5% of the rent. Attorney's fees? Are you kidding me?

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While his sufferhead age mates are in Nigeria shouting "On your mandate we stand" for 80 years old man

As soon as he fixes Senegal, they will start lining up at Senegalese Embassy to migrate.

And when the Senegalese citizens have had enough of their criminal endeavours, they start shouting "Xenophobia!"

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jibsy:
The precursor to all these ailments is diabetes. Most people above 40 these days already have pre-diabetes. Diabetes ravages all organs including kidney, liver, eyes and heart, damages blood vessels especially at the lower limbs, causes sexual dysfunction especially in men and low libido in both men and women just to mention a few. After all said, it is not still a death sentence to be diabetic. It all lies in early diagnosis, treatment and management which includes strict diet and smaller portions of the right meal, drug administration and daily exercise. No be prayer matter be this one o. Stay woke. Health is wealth.

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There are always pulpit bandits that sell olive oil and saline water(aka holy water) that's supposed to cure them. Imagine someone with high B.P gulping salty holy water everyday. Isn't that suicidal? But scammers on the pulpits nationwide have convinced them otherwise.

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ValCon888:
Anytime you trap them in a corner, they say you don't understand how God works.

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They are God's Personal Assistants. They are the only one that understand God.
The rest of us are idiots.

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t2luv1:
Easy question to answer The Northernerization of the educational system in Nigeria. The Muslims North through a by-product of their religion, never put a value on educational achievement so they have now imposed that ideology on the rest of the country. The predictive indicator in determining the welfare of a country is to look at the country's composition percentage of Muslims. Once the percentage is over 40% that country's welfare will be abysmal. In Europe, France is on track to that status. I ain't got nothing against Muslims I am just giving you facts.

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So it is the Northerners that forced Osibanjo (Ph.D) to play second fiddle to Buhari (WASC)? I guess it was the fault of Northerners that Ekwueme (Ph.D) chose to be the Vice President to Shagari (NCE). The major blame lies with the southerners that belittle themselves by bowing to people not qualified to be their maiguard if merit is the yardstick.

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You will notice that many Nigerians are experts in Russia vs Ukraine and Israel vs Palestine conflicts without batting an eyelid about the massacre in their own backyard.

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Which begs the question about Nigeria: After your three Ph.Ds, how far?

McOluomo ( a stark illiterate) is dining with the President while Ph.D holders are driving Dangote trucks.

Who did this to Nigeria?

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I was hoping that holy spirit and archangels will do the battle instead of policemen. Or the pastors haven't heard of Elijah and the prophets of Baal? When Thomas doubted Jesus in the Bible, he didn't arrest nor intimidate him. He showed him some evidence and he confirmed. That's all.

All the pastors have to do is cure any of the bedridden celebrities and prove naysayers wrong. When sick celebrities come, they raise funds for them for medical treatments in India. I guess their miracles only work on unknown and unverifiable patients.

They are just content creators online. There are no miracles involved.

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Treadway:
Cc Sukkot kukutente23 angelfrost nairalanda1 bigiyanga invertedhammer lordadam16
I copied you guys cos like Grandstar, I largely enjoy the intelligence you typically display in your posts and in my interactions with you, even tho on some thing we may not agree (which is normal).

Phew this is gonna be a long one. Ok let me take it line by line

1. ApC is the problem. All indices you can think of compared to 2015 shows this clearly. There is no absolving APC from the mess Nigeria is in today, and trying to do so is simply not a truthful thing to do.

2.Yes Bubu was clueless, stupid in fact. But even I voted for him in 2015 ONLY cos I expected one thing and one thing only from him. Fighting corruption! Due to the so called no-nonsense person wey dem talk say e be back in the day. I know a tree doesn't make a forest, so I reckoned the team that would surround him can take care of the rest. I was wrong. And so yes Buhari was stupid, and was surrounded by people who apparently also were stupid including Tinubu according to you...cos all these people enabled him for 8 freaking years. They all contributed to the rot and decay that they are now supposedly cleaning. Ain't that funny...

3. I already showed you that Bubari/Emefiele floated the naira.

4. In our peculiar situation, I'd say the results we saw in 2015/2016 and the one we are seeing now shows clearly that it is a bad idea to undertake both big steps at once. I maintain my stand that subsidy should have been removed, but the naira should have been defended at least until some stability is achieved, as per Dangote and one or more other refineries running before making another big move in the form of the float.

5. They are telling y'all it's cos of the ways and means, but I know for a fact it goes deeper than that. Ways and means is a cool bad label to give the dog you wanna hang, but beyond ways and means the reason for the inflation aside the cost inflation due to the devaluation, is the excessively huge unbanked money that Emefoole was trying to mop up with the redesign policy at the tail end of the last administration. Do you remember the estimated figure of that unbanked money? Look it up. That money that was stockpiled for years and kept completely out of the banking system and meant to be used for electioneering, ended up not being used cos they rallied Nigerians to kill that laudable policy and that money is what is now causing a double whammy..on one hand most of it was being exchanged for USD causing the naira fall, and on the other hand causing the inflation too. But of course they won't remind you of that money, they will only touch on ways and means.

6. YEA YEA, the inflation rate and the MPR I understand the dynamics of that. But bear in mind it is a double edged sword. Too high and it could mean businesses that take loans would have to pay back above 30%....that is insanely high cost of capital don't you agree....but the useless banks rarely even lend to the real sectors and SMEs anyway👎

7. At least we both agreed that Cardunce-o is a dunce, and we also agree that this administration are grossly insincere, grossly inconsistent and simply cannot be trusted cos there is a wide variation between what they say and what they do, and what they say they do/are doing/have done (I'm actually surprised you admit this one).

8. Companies are pulling out due to dwindling revenues horribly compounded by devaluation losses, and consequently an ever increasing cost of doing business

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A country of 240million subjugated by 1000 politicians, who is to blame? It means the problems go beyond the politicians. The national orientation was done in the wrong direction. Anyone born since 1980 in Nigeria has no idea of what good governance means even if shoved in his or her face. That's why they eulogize and canonize any governor that builds pedestrian bridges or pays salaries on time. Go figure!

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Expectedly so!

J. Powell signalled yesterday that the Fed may cut rates three times this year and US dollars lost some values against other currencies. Naira is riding the tide. I never listen to CBN and her monetary policies because Nigeria is inconsequential in global economic affairs.

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People are willing and capable of farming.

But FG refuses to treat Boko Haram like terrorists and turn the other away when they extort or kill farmers.

How can they curb hunger and food scarcity with periodic giveaways?

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When will Nigerian scientists come up with something?

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Funny country!

How much did Dangote make in 1 month of inflating cement price from N5700 to N13000/bag in February alone?

How much is 1 million bags of rice?

But trust Nigerians to start praising him to high heavens. The Nigerian formula is simple--steal billions and give millions in charity, then go
home and enjoy the canonization.

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HydraFeeds:
When dollars go up ,materials go up but when dollars come down ,materials will refuse to come down ,says much about traders attitude rather than government.

A ton of iron that was sold for as low as 540 by December is sold for 1.2 now .

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A temporary drop in the value of dollars wouldn't affect prices overnight. Ever heard of economic outlook? If the merchant sells his products, what prices do you think he will buy the next consignment? Prices will stabilize when USD/naira exchange rate stops uncontrolled gyration.

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First thing first, when did the military start being peacekeepers in the internal security of the nation?

What is the role of the police?

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735i:
It is impossible for a currency to depreciate by over 100%. This is shabby reporting.
It's true that the currencies listed have performed very badly, but their computations are wrong.

For a currency to be negative 100, it means that you holding the currency is you owing in USD, which is impossible.

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In the book of Common sense and economic report, (+) is appreciation while (-) indicates depreciation. Eg. BTCUSD (-5%) means it depreciated 5% at the reporting time compared to the previous close level.

Look at the example below about European market closing report for the day:
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Samunique:
When you console your atheist mind finish let's know.

But for a reminder, we're exporting Christian faith back to them, go and ask about the numbers of Nigerian/African churches in the so called countries, you'll be shocked.

Apart from that, go and check the statistics of the priests, pastors, Bishop and co in these countries before you console yourself with this falacy.

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You are exporting private jobs that they are not interested in filling because they need those unproductive priests/pastors to function as part-time counselors (and not purveyors of miracles). As a matter of fact, they are interviewed and hired as employees and not as omniscient-cum-omnipotent Daddy G.O. Most of them including Rev. Fathers have other jobs too outside of the church. Nigeria is a classic example that churches and their activities is a total rubbish. I don't believe in talking people out of their idiocy. I always believe that Nigerians can only learn the hard way like our brother that they almost milked to death until he restored his brain to the factory setting.

I strongly believe that God disconnected Nigeria from his(?) prayer network a long time ago. That's why everything in that country only works in reverse both ethically and logically. Now you know why the more they pray, the more difficult things become.

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The definition of a Christian in the country today is one who attends church services. But in the true of a Christian, there are no Christians in the country. They are chasing miracles. It also happened in the Bible.

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SlavaUkraini:
Traditional Man

Na your ancestors create you ?

Worship the God that created your ancestors.

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Just like every other animal that exists, your father impregnated your mother and she gave birth to you. That's all.

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If the works of pastors are real, developed nations would have plucked all of them from Africa and given them automatic permanent residence. There is a reason doctors and nurses are in high demands in UAE, Australia, US, Canada, UK but not pastors. Oyibo understood a long time ago that they are snake oil salesmen fit for the African minds alone.

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99thEnemy:
There is going to be a massacre in that place very soon by the Army.

its a norm with the military.


Remember the Odi and Zaki Biam massacres. this won’t be different when the military return. People will surely die in hundreds.

What makes this even more interesting is the death of 2 Major’s and a Captain adding to the commander making a total of 4 commissioned officers.

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That's not the point. Any coward can pick up guns and massacre unarmed civilians.

The point is that whenever they meet capable and willing challenges like these youths, unknown gunmen or Boko Haram, they
always fail to show the gallantry they display when dealing with unarmed civilians.

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