₦airaland Forum

Before 1971, the US dollar was backed by gold. This meant the United States had promised to exchange $35 for one ounce of gold.

But by the early 1970s, countries began to doubt whether the US actually had enough gold to match all the dollars circulating worldwide. As pressure increased, US President Richard Nixon announced in 1971 that the dollar would no longer be convertible into gold. This event is known as the Nixon Shock.

At that point, the US realized that oil had become a universal commodity essential to the entire world. Most of the world’s oil reserves were concentrated in the Middle East, especially in Saudi Arabia.

The US approached Saudi Arabia with a strategic proposal: any country that wanted to buy oil must pay only in US dollars—not in any other currency. In return, the US would provide security guarantees and protection.

For Saudi Arabia’s royal family, this deal made sense. They faced internal threats like religious opposition and the risk of military coups. Agreeing to sell oil exclusively in dollars was not a major sacrifice, since the dollar was already widely used in global trade.

Saudi Arabia accepted the deal and then persuaded other members of OPEC to follow the same system. As a result, oil worldwide began to be traded primarily in US dollars.

This shift allowed oil prices to be influenced within this dollar-based system. More importantly, it created a permanent global demand for the US dollar.

The dollars earned from selling oil came to be known as “petrodollars.”

Exousiang01:
Some folks keep deceiving themselves that Wike is not powerful.
All the Ambassadorial appointments from Rivers state came from Wike. Aside his members of the G5 who got the appointments too.
How many ministers in APC get slots reach Wike?

Good Morning Chief... I have a business proposition I would like to share with you.

SeaTrade:
Brotherly,been a while oo
Happy new year.

Good Morning Chief... I have a business proposition I would like to share with you.

What's your plan for this year's Valentine’s Day?

Don’t just say I love you—let them hear it ❤️🎧

Surprise your spouse or loved ones with a pre-ordered customized Yesido JB22 Earbuds earphones made just for them.

Personal, stylish, and unforgettable!

A very affordable and perfect Val gift 🎁

Let's build a sustainable network in 2026

Nigerians needs to take ownership and economic responsibility

This Valentine’s Day, don’t just say I love you—let them hear it ❤️🎧

Surprise your spouse or loved ones with a pre-ordered customized Yesido JB22 Earbuds earphones made just for them.

Personal, stylish, and unforgettable!

Our Brothers from the East have ruined the chances of people outside taking us serious

As a Nigerian, you don't have a chance with an Asian woman. Okay Bye

Earlier, the State Governor, Pastor Umo Bassey Eno had felicitated with the kids

https://www.facebook.com/share/p/E3Sh4HLyRqf785Ec/?mibextid=oFDknk

More

INT’L DEBATE: A’IBOM GOVT WELCOMES NIGERIA’S CONTINGENT BACK FROM SINGAPORE

Akwa Ibom students who represented Nigeria at the 2024 Bilateral Schools Debate held in Singapore have returned home after coming tops in the competition.

The students were treated to a rousing welcome by the Akwa Ibom State government at the Victor Attah international Airport, Uyo on Thursday evening.

Welcoming the contingents, the State Commissioner for Education, Mrs Idongesit Etiebet who was visibly elated, congratulated the team for being good ambassadors of Nigeria and Akwa Ibom State in particular.

Admonishing the students to continue upholding the high standards they have inculcated,

Etiebet who was full of praises to Governor Pastor Umo Eno for the huge investments in educational advancement, described the victory as another return on investment.

“The students' achievement is another testament to the State Governor’s commitment to education and the future generation and I know as a loving and caring father, the Governor will personally treat these great ambassadors to a warm welcome.

“The team lead, the coach and the observer were all amazing and we are so proud of them,” Etiebet added.

On their parts, the victorious students took turns to thank the State Government for solely sponsoring the competition.

They also expressed gratitude to the State ministry of Education for the transparency exhibited during the selection process and promised to remain good ambassadors of the state at all times.

Speaking on behalf of the Parents, Hon. Nkereuwem James expressed appreciation to God for a successful outing and to the State government for the sponsorship.

They assured of continuous support to Governor Umo Eno- led administration in the State.

Similarly, the Chairman of Mkpat Enin Local government area, Hon. Emmanuel Inyang who was also at the airport to receive the Students, congratulated Nigeria’s contingent for a successful outing. He also thanked the Governor for constantly making Akwa Ibom a cynosure of global eyes.

https://www.facebook.com/share/p/XmastMpvLULnCVRw/?mibextid=oFDknk

PRESS RELEASE: West African Youth Congress (WAYC) Condemns Racist and Discriminatory Practices by Chinese Supermarket and Extortion by British School in Nigeria

April 23, 2024

The West African Youth Congress (WAYC), a non-governmental youth advocacy organization representing the interests of young people across ECOWAS member states, strongly condemns the discriminatory actions of a Chinese supermarket situated at China General Chamber of Commerce, along Yar'adua Road in Abuja, that has reportedly barred Nigerians from shopping in its facility. Such racist and discriminatory practices are unacceptable, especially when carried out on Nigerian soil.

The recent reports of Nigerians being denied access to this establishment based on their nationality is a clear violation of human rights and a demonstration of xenophobia. As an organization committed to equality and justice, WAYC calls on the Ministry of Foreign Affairs, Ministry of Trade and Investment and Chinese Embassy, to take immediate action and demand accountability from the said Chinese Supermarket. Furthermore, we urge the Police, Department of State Services and National Intelligence Agency and other law enforcement agencies to conduct a thorough investigation and order a probe into this criminal behavior.

In addition to this, WAYC expresses deep concern over the reported exorbitant school fees charged by Charterhouse, a private British school, which demands 42 million naira per annum for each primary school student and a non-refundable registration fee of 2 million naira. This blatant exploitation of parents and guardians, especially at a time when many citizens struggle with poverty and the minimum wage remains at a mere N30,000 per month, is deplorable.

Such practices not only perpetuate inequality but also breed corruption by encouraging those in privileged positions to exploit their advantage for personal gain. We call on the Ministry of Foreign Affairs, Ministry of Education, British High Commission, Department of State Services and National Intelligence Agency to fulfill their mandates by preventing foreign institutions from extorting Nigerian citizens and ensuring equitable access to quality education for all.

WAYC reiterates its commitment to advocating for the welfare and rights of the people of ECOWAS member states, particularly the youth. We recognize that policies and events in Nigeria have socioeconomic and political implications across the region, and we stand in solidarity with all those affected by injustice and discrimination.

Signed
Amb Mohammed Ahmed Marafa, PSLC
Secretary General and Head of the Mission
West Africa Youth Congress (WAYC)

https://www.facebook.com/share/p/bvwHxeeEiQuuo7vv/?mibextid=xfxF2i

It's only in Nigeria that an Architect will be a Minister for Health... As per what experience or technicality is he taking to the sector?

GROUP CONDEMNS AKPABIO’S OUTBURST AGAINST EX-DEPUTY GOV MICHAEL UDOFIA, DEMANDS APOLOGY

An Akwa Ibom-based frontline socio political group, Ikot Ekpene Senatorial District Frontiers for Unity, has taken a swipe on the Nigeria’s Senate President, Senator Godswill Akpabio, over his outburst on the former deputy Governor of Akwa Ibom State, revered Elder statesman and knight of the Methodist Church, His Honour, Sir Michael Udofia, describing it as “offensive, jaundiced and disappointing”.

Recall that during the funeral service of Late Dr Herbert Wigwe and family, in Port Harcourt, Akpabio in an attempt to respond to Governor Fubara’s decent call on Nigerian politicians to minimize the struggle for power, desperation and the kill and bury attitude, narrated a concocted story of how he aspired to be a deputy Governor in 2006.


https://www.youtube.com/watch?v=0-PFfVbeZX0%3Fsi%3D9D-2ZFopobsTUq1O

“In 2006, I wanted to be a deputy Governor, so the then deputy Governor invited me and told me that there is no money in the office. So, a woman who went there with me, said: ‘your excellency, since there is nothing in the office, don’t wait to be impeached, just resign and go’. The then deputy Governor stood up and started punching the woman. I told him, don’t punch her, she is telling the truth, since there is nothing in the office, that’s why I want it. You are too big for the office. Governor Fubara, since you say there is no need for the struggle, don’t struggle." Akpabio quizzed.

In a press statement issued by the group and signed by its Convener, Comrade Samuel Etim, the group said it received the above outburst with shock and disbelief.

The group who further described Akpabio’s remarks as “self confession” expressed very deep shock while decrying that the senate President who as a commissioner in 2006 and close ally to the deputy Governor then, was the master brain behind the unsuccessful impeachment plan of Sir Udofia.

They also took strong exception to the ‘crude and gutter languages’ Akpabio employed in his needless response to Governor Fubara’s views during the burial.

According to the statement, Sir Michael Udofia became the Deputy Governor in 2005 following the resignation of his predecessor, Engr Chris Ekpenyong and was widely admired for his humility, dedication and commitment to duty.

The group therefore expressed worry over Akpabio’s unwarranted utterances while also wondering what would have prompted Akpabio’s interest in an office that wasn’t vacant as he narrated during the funeral.

The Statement further reads: “sadly, the Senate President by virtue of his continuous unguarded utterances and his response to the comment made by Governor Fubara has pointed to serious character defect on his person.

“It is however not surprising that because of his inglorious attitude, Akpabio decided to act childishly while also talking irresponsibly about a former deputy Governor who has not offended him in anyway.

Even though sir Michael Udofia has left government, Akpabio lacks the integrity and morality to make a cock and bull story against him.

“Ordinarily, we wouldn’t have been bothered about Senator Akpabio’s usual careless statements, but the allegations of Sir Michael Udofia throwing punches against a woman which suggests gender-based violence, got us perturbed.

“It will be a thing of joy if the Senate President, Senator Godswill Akpabio would immediately retract his statement against the former deputy Governor and make public apology to the elder statesman and his kinsmen in the Senatorial district that his speech has given psychology disturbance.

“If Akpabio refuses to set the record straight by retrieving his statement and make a public apology, we will be left with no option than to take legal means to seek for justice for a man whose life resonates simplicity, sincerity and godliness.

“Also, we are calling on the general public to disregard those allegations on gender-based violence labeled against the former deputy Governor of Akwa Ibom State by Senator Akpabio, as such only existed in the figment of Akpabio’s imagination.” Said Comrade Etim.

Sir Udofia, a knight of John Wesley, was a retired Permanent Secretary from Ikot Ekpene local government area before his confirmation as Deputy Governor in July 2005 and since his departure from office in 2007, has not been enmeshed in any political controversy.

https://independent.ng/group-demands-apology-from-akpabio-over-outburst-against-ex-deputy-gov-michael-udofia/

https://www.youtube.com/watch?v=6e7djzFCy48


https://www.gistlover.com/nigerian-doctor-anyanya-udongwo-emerges-winner-of-the-voice-lithuania

Cc: Seun
lalasticlala
mynd44

In faraway Northeastern Europe, a Nigerian Medical Doctor and proud son of Ibesit Nnung Ikot in Oruk Anam Local Government area of Akwa Ibom State, Anyanya Udongwo won the 10th The Voice Lithuania Contest with 15,000 EUR prize and a publishing deal with Universal Music Group.

The Voice Lithuania (Lietuvos balsas) is a Lithuanian reality show and part of the international The Voice syndication.

He defeated the other nine competitors at the Zalgirio Arena in Kaunas to win the coveted championship, and the competition attracted a record-breaking number of spectators.

Born and reared in Nigeria, Udongwo relocated to Lithuania from Ukraine when the war began.

Giving his acceptance speech, the medical doctor said;

“I am extremely grateful to the Lithuanians for their support and for how warmly they welcomed me.

I’ll admit, your support moved not only me, but also my family, who were hesitant about how I would be received in a foreign country.

Your support touched not only me, but also my family, who were hesitant about how I would be received in a foreign country”.

He lived in Ukraine for about 12 years where he studied medicine. Udongwo said singing was only a hobby – he sang in church, later in various projects- but after graduating, he realized that his true calling was music.

Governorship - unit 008,
Ward 5 oruk Anam LG

Ypp 19
APC 75
PDP 101

House of assembly

APC 75
Ypp 11
PDP 112

Result Update:
Uyo LGA | Ward - Offot 1 | Unit 041 - Nnung Efa Hall

#akwaibomsituationroom #AkwaIbomDecides

Akwa Ibom Decides

2023 PDP Candidate for Akwa Ibom North West Senatorial District, Barr Emanuel Enoidem, voting at Polling Unit 002, Ward 1, Utu Ikot Eboro in Etim Ekpo LGA, during Saturday's Governorship and State House of Assembly election.

PDP wins Oruk Anam ward 7, unit 7

Early kickoff winnings for PDP in Akwa Ibom 😅

GOVERNORSHIP - UNIT 010 WARD 2, ORUK ANAM

73 - APC

101 - PDP

20 - YPP

STATE HOUSE OF ASSEMBLY - UNIT 010 WARD 2, ORUK ANAM

7 - APC

112 - PDP

8 - YPP

Okoroawusa:
Labour Party no dey there?

E dey. Dude was just following Igbo boys around for endorsement and support, forgetting Election is a local and grassroots event.

GOVERNORSHIP - UNIT 010 WARD 2, ORUK ANAM

73 - APC

101 - PDP

20 - YPP

STATE HOUSE OF ASSEMBLY - UNIT 010 WARD 2, ORUK ANAM

7 - APC

112 - PDP

8 - YPP

STATE HOUSE OF ASSEMBLY - UNIT 010 WARD 2, ORUK ANAM

7 - APC

112 - PDP

8 - YPP

GOVERNORSHIP - UNIT 010 WARD 2, ORUK ANAM

73 - APC

101 - PDP

20 - YPP