₦airaland Forum

Emekamex:
I dont understand this govt at all; Buhari will say one thing and Lai Mohammed will say another.
Lai made it clear in that the budget wasnt padded and denied all allegations, now Buhari is saying the opposite; which one should we believe?

What's so difficult to understand?

Buhari alleged that the budget he presented to the NAS wasn't padded

Lai Mohammed corroborated Buhari's assertion

Buhari believes the padding must have been done after he presented the budget <= Quite possible since there was a fiasco about the budget going missing after he presented it.

Na them sabi

kaeforum:
What do these guys rally do that they eaarn 1 million naira a month,if i dey collect that kin pay I will resign after 3 years and go to establish my own biz and employ people.

These big wage earners are the reason many Nigerian firms dont do well , eco did the right thing jare, sacking 50 big boys and gals is better than sacking 10,000 people who probably earn below 250.

1 million naira a month for the type of business and profit they generate for their respective companies ain't a lot.

issac08:
This story about Ecobank sacking 50 staff because the bank cannot stay afloat is so hollow… So, with those 50 staff laid off, the bank will stay afloat, right? Some journalists in Nigeria just think everybody is a fool…

It's called efficiency saving strategy

Lean management with refocused strategy usually reinvigorates and in turn force managers to think outside of the box without compromising quality and of-course delivering results as expected.

Following

ernesty20:
The worst president nigeria ever produced

freedom of speech should always be guaranteed BUT idiots shouldn't be allowed to have opinion

Nonsense!!!!

I suppose buy this your ride oooo

See as the ride clean

anonimi:
......making HUNGER the daily bad portion of the citizens

Eagerly waiting for you to spam this thread as usual with your idiotic out of context images

I have your time today

Aba slowpoke

judecares1:
U sure say na died party?

Sorry??

You must be a baller yourself to receive such as a gift from an Ex

no biggie...

TonyeBarcanista:
I made case for devaluation when all these started in 2015 and I still maintain that the best way to arrest incesant dollar circulation was introduction of control measures(like sane society does) and not express stoppage(which has never worked). That measure by CBN fast tracked the collapse of the Naira even before anything devaluation.

Which other central bank in the world provides forex directly to the BDC?

Allowing dollar as an acceptable/alternative currency in a mono economy was simply bad practice

Tough measures for tough times broda

We simply gotta suck it up and weather the storm

Happy birthday aunty Aminatu

Where the party @?

Aminat508:
Good morning sir,

Can I PM you egbon MI?

Good Morning Ma,

No you aren't allowed to send me a PM

BUT

You can ping me sha

Ayoolajumoke:
Good afternoon,
Can I PM you sir?

Good Evening,
Yes you can
Ciao

"I kidnapped her phone and she kidnapped my range rover"

"Who is going to pay the "randsom""

Two idiotic loons disgracing themselves on social media

From what side of the mouth is he singing from this time around?

HiddenShadow:
Keep deceiving yourself. What stops Buhari from diversifying the economy through true federalism

Within a year you dummy?

We have a constitution and your representatives are needed to effect any change to it

Marry her and watch how her money will be hers alone whilst you slave away to keep the family afloat

I could have sworn crude SWAPS was meant to address that phenom

Toks2008:
At last im seing a post i can relate with.

I second your notion sis.

What's good bro?

I go like debate you sha

Adufetohposh:
May GOD help us my sister.

You have to help yourself woman.

God will never ask you to ignore red flags

21st century women have equal opportunities so why should they accept/settle for less?

PS: y'all should stop with your nonsensical bible quotes geez. Marriage is an institution that people engage in irrespective of their religion so the topic should be viewed from morality and values angle which i strongly believe has nothing to do with religion

I fit buy you silicons sha...Interested?

oyinkinola:
then the expoted crude will pay ₦?

The government pays the exchange rate differential for crude importers.
We frankly don’t sell enough crude due to dwindling market share to offset the cost of rising demand for refined crude.
Our refineries aren’t working to optimum in order to provide some sort of cushion to that effect

oyinkinola:
Cost of importing machinery is compulsoryfrom america?

I’d rather you admit you are clueless rather than coming up with suggestive conjectures. There is something called exchange rate cross in finance. A weakening of Naira against the dollar will also affect the pounds or any other currency to that effect. In simpler terms, a weakening of Naira against the dollar will transcends to weakening against Yen or Yuan

oyinkinola:
PURCHASING POWER

...Purchasing power is no longer an issues nowadays, it's globalisation in which china control world commerce and business and you were not force to go to black market or parallel for exchange before having $

Okay let me school you a bit

If the Naira was to weaken to about N1k to the $ then expect the following ripple effect:

Cost of importing refined crude will sky rocket
Cost of importing machinery for our raw materials will increase
Cost of goods and services will have to increase to augment the exchange rate parity

BUT

Can wage increase considering our major export is close to having a junk status?
The common man on the street will suffer if wage doesn't increase in line with rising prices
Business will fold up and job losses will start springing up like it's going outta fashion

Can you now see it's not a good idea to have such narrow mindset as yours?

oyinkinola:
this is your opinion? you are not my doctor to "___" examining me!
your type is not welcome on this trend!
it was aimed at those who were SYCOLOGICALLY A1

Lo ba tan

olodo rabata (***I'm just joking ooooo***)

You haven't factored purchasing power into your analysis.

sukkot:
who said anything about haggle ?

bargaining is synonymous to haggling

sukkot:
you never being to a high end eastern european store in the west end ?
they make you feel like you are getting a good bargain by saying we sell it cheaper than the manufacturers. eastern europeans and pakistanis and greeks do not have the mentality and outlook and decor and poise and sophistication of the british. they are like nigerians in white skin. trust me.

Seems you have your own definition of high end stores.

sukkot:
and to get a 60k range you need to be earning above 40 grand. do the math. seems like you the one who dont know what he is talking about

Do you work for a finance company or how exactly are you able to determine the minimum income required for such?

sapiosexual1:
Lol, the Hispanics, who make up just 40% of the voting public. That's why i mentioned in my last post that GOP would find a way of picking either of Rubio or Cruz

Stop making unguarded statements in public

17.1% of the voting public and yes they are swing voters

haibe:
Haba why reason like this?

Firstly Us dollars is used as a benchmark currency is every country, in short it is a global currency that can therefore be accepted in any country.

Secondly, the fact she said 14k dols doesn't mean she actually paid in dollars as some manufacturers display their products in dollars because of the wide range of countries patronising their products. All you need to do is to pay the GBP equivalent of the dollar for someone that earn in dollar or pay the naira equivalent for someone that earn in Naira

Goods aren't displayed in $ in the UK. They are either displayed in £ alone or £&€