₦airaland Forum

tearoses:
TYPICAL!!!!

A Naija man hears the word vasectomy and he nearly dies
Hysterectomy ko . . .hyperectomy ni
I have never come accross a Naija man who has or is attemting to have a vasectomy
awon wimps
see as thorpido was even advising masectomy
The woman should cut off her breast and remove her womb abi
You people wont kill someone!

Let's look at it from a logical stand point na....
Biologically, the woman's reproductive ability is set to a defined timeline therefore moving it forward ain't that bad or is it?

thorpido:
You should have been intelligent enough to know that was an error.
Vasectomy i meant!

Are you sure it's vasectomy you wanted to type or hysterectomy?


All these tomy this and that sef dey tire person

Make them just use implant jare

Beremx:
his argument is baseless.

All these wailers giving Wike hope will cry soon. Wike is a goner! He can't escape it.

The thing tire me ooo my sister

Their chief wailer sef couldn't comprehend simple english but instead went on a display of tomfoolery

Some of them do need to be recommended for brain transplant

funkybully:
Don't mind apc masturbators.


In Kano, card reader recorded only 300k voters, yet buhari got over a million votes there.

Manual accreditation was allowed during the presidential election so what's your argument?

Manual accreditation not allowed according to Jega

http://progressivechange.com.ng/index.php/2015/06/20/jegainecdisowns-rivers-election-manual-acreditation-of-voters-in-rivers-state-gubernatorial-election-not-allowed/


I still don't understand why they inflated votes of an election they would have probably won but then again it may have been inflated so as to provide some sort of assurance that the similar figures they churned out during the presidential election was no gimmick

kahal29:
Keep giving yourself hope my brother. It's allowed.
For more details see....
http://www.vanguardngr.com/2015/09/rivers-gov-poll-only-293072-voters-accredited-inec-tells-tribunal/

Much better link here bro => http://www.premiumtimesng.com/news/headlines/182673-exclusive-rivers-nyeson-wike-a-goner-inec-document-exposes-fraud-by-pdp-inec-in-guber-poll.html

"INEC insiders said the only ground that could explain the number of accredited voters in the election exceeding 292,887 is if manual accreditation were used in addition to the use of card readers.

But INEC did not approve the use of manual accreditation for governorship election in any of the states of the Federation.
“The Independent National Electoral Commission wishes to inform all Nigerians that Card Readers will be used for the April 11, 2015 Elections,” Augusta Ogakwu, Secretary to the Commission, said in a statement on April 6.
On Friday, the Chief Press Secretary to INEC Chairman, Kayode Idowu, confirmed to PREMIUM TIMES that manual accreditation was not employed in any state for the April 11 elections."

I sincerely hope this administration's corruption fighting objective can make a very good example outta this Saraki dude.

Waiting for them to bury this one as well.

No shaking!

What a jungle!

So few thousands lost jobs and their respective families thrown into high degrees of bother as a direct result of the TSA policy.

We agree that it's one of the disadvantages of introducing such policy in tough economic climate but what about the advantages:

Millions more will hopefully feel the effect of good governance as well as provision of basic infrastructure due to the obvious resultant effect of closing avenues that govt departments have been using to siphon money.

It will force the banks to reduce their dependency of govt departments deposits and in turn ensure they become innovative on their business models which will hopefully strenghtne their ethics and best practices.

Excerpts from IMF paper => https://www.imf.org/external/pubs/ft/wp/2010/wp10143.pdf
"
The primary objective of a TSA is to ensure effective aggregate control over government cash balances. The consolidation of cash resources through a TSA arrangement facilitates government cash management by minimizing borrowing costs.5 In the absence of a TSA, idle balances are maintained in several bank accounts.6 Effective aggregate control of cash is also a key element in monetary and budget management.

There are other objectives for setting up a TSA. They include: minimizing transaction costs during budget execution, notably by controlling the delay in the remittance of government revenues (both tax and nontax) by collecting banks, and making rapid payments of government expenses; facilitating reconciliation between banking and accounting data; efficient control and monitoring of funds allocated to various government agencies; and facilitating better coordination with the monetary policy implementation.
The benefits of a TSA flow from its objectives:

Allows complete and timely information on government cash resources. In countries with advanced payment and settlement systems and an Integrated Financial Management Information System (IFMIS) with adequate interfaces with the banking system, this information will be available in real time. As a minimum, complete updated balances should be available daily.

Improves appropriation control. The TSA ensures that the MoF has full control over budget allocations, and strengthens the authority of the budget appropriation. When separate bank accounts are maintained, the result is often a fragmented system, where funds provided for budgetary appropriations are augmented by additional cash resources that become available through various creative, often extrabudgetary, measures.

Improves operational control during budget execution. When the treasury has full information about cash resources, it can plan and implement budget execution in an efficient, transparent, and reliable manner. The existence of uncertainty regarding whether the treasury will have sufficient funds to finance programmed expenditures may lead to sub-optimal behavior by budget entities, such as exaggerating their estimates for cash needs or channeling expenditures through off-budget arrangements.

Enables efficient cash management. A TSA facilitates regular monitoring of government cash balances. It also enables higher quality cash outturn analysis to be undertaken (e.g., identifying causal factors of variances and distinguishing causal factors from random variations in cash balances).

Reduces bank fees and transaction costs. Reducing the number of bank accounts results in lower administrative cost for the government for maintaining these accounts, including the cost associated with bank reconciliation, and reduced banking fees.

Facilitates efficient payment mechanisms. A TSA ensures that there is no ambiguity regarding the volume or the location of the government funds, and makes it possible to monitor payment mechanisms precisely. It can result in substantially lower transaction costs because of economies of scale in processing payments. The establishment of a TSA is usually combined with elimination of the “float” in the banking and the payment systems, and the introduction of transparent fee and penalty structures for payment services. Many governments have achieved substantial reductions in their real cost of banking services by introducing a TSA.

Improves bank reconciliation and quality of fiscal data. A TSA allows for effective reconciliation between the government accounting systems and cash flow statements from the banking system. This reduces the risk of errors in reconciliation processes, and improves the timeliness and quality of the fiscal accounts.

Lowers liquidity reserve needs. A TSA reduces the volatility of cash flows through the treasury, thus allowing it to maintain a lower cash reserve/buffer to meet unexpected fiscal volatility."

debris:
Are you serious could that be Italy??

Yesoooo

Italian Alps

erikcantona:
give ya life to christ that's the only thing I can tell you! You purposely voted in a killer! #100 days of buhari 900 citizens have died only in the northeast!! How many will soon go ?? how many of his campaign promises have he fulfilled? How many have he denied in 100 days!! My friend am well educated to a good level so answer my own questions pls

What exactly did your Christ do when your Jesus was in power?

I really need to know the level of your education as that's the determinant factor on how i get you schooled

gists:
Your ignorance obviously knows no bounds. It did not occur to you that their is a common outcome to all the countries shown irrespective of whatever it is weighted against. Many countries around the workd are experiencing another meltdown albeit not as bitting as that of 2007/2008. Even canada that has superior economy is feeling the effect. Just keep f0oling yourself.

I'm actually on your side and you should have presented a much better data visualization to buttress your point.
Losses in emerging markets will always be far greater than established markets but there is an obvious correlation between all of them which is the fact that China is slowing and oil prices have crashed.

Most established markets are on a downward trend because of worries over china and Europe.

They will always continue pumping liquidity by way of quantitative easing as they can't allow world economy to suffer another major financial meltdown.

emerging market's worries are somewhat restricted to the crashing oil prices hence why i've asked you to critically analyse the weighting of these independent markets

PS: See the attached graph and data. All you then need is a trend line which will obviously be downward

erikcantona:
you are one of the fools that can't call a spade a spade in this country always massaging the truth and supporting buhari wether wright or wrong for political gain! Is it not this president who said baboons and monkeys will saok in blood? And you voted him even after hearing this from him!! Weep for ya self! Tribalism ! Nepotism ! Favoritism has covered your sense of humor !

How old are you and what's your level of education?

gists:
No amount of words can be used to make it clear to you if this is not self-explanatory enough.

Okay let me engage you a bit so you don't pass your ignorance further

First and foremost, you can't compare markets in isolation without understanding how the indices are weighted.

As an example, the FTSE is heavily weighted by financial stocks hence the reason why the turmoil in the market isn't being represented fully in it's indices.

The dax is heavily weighted by the manufacturing giants and a slow down in china and possibly US will bring the indices down

You need to try and understand how Nigeria's indices is weighted and break it down into segments. After doing that, ask yourself which segment is actually making the indices under-perform due to its heavy weighting.

Make i help you alert lala?

Aminatu da media researcher

Na you gan gan be radio OYO!

erikcantona:
Buhari said he will make this country ungovernable for jonathan if he looses 2011 election, as he lost bombs started raining till today!killing of chriatians started in abuja! He also said dogs and baboons will soak in there bloods, today he lied his way up to power and denied all his campaign promises!stoping of his bokobois!!free lunch for pupils! 500k for citizens!! , now we are facing economic shut down from JP morgan to china snobing us! # hundred wasted days and still counting and we can hear is probe probe probe,yet ameachi is walking free + obasanjo tinubu etal!! Pls nigerians how did we get here

Are you seriously this foolish or something permanently wrong with your thick skull?

Since when did JP Morgan have the ability and power to shut down an economy?

China is one of numerous possible trading partners that we can get if and when market conditions are favorable

UjSizzle:

There will be no guns around here

How about a lyrical blade as i need to slide and dice all trespassers to pieces

UjSizzle:
Lol for all we know I'm even older than him
Calm down joorh.

Man dem don't play around with their birds ya know?

Me literally took his threat on the real shitzo

anyhoo.. I got ma self a gun!

UjSizzle:
You know I'm kidding

Dude categorically said he is coming for you.

Choi i don enter one chance

UjSizzle:
How sweet.

UjSizzle:
So you don't like when I paint my face for you?

Like you actually paint your face

abeg shift come my side.. na dem ojuju calabar we dey talk about for here

gbaskipro:
Young man we need them more! Do you know how many things they buy from us? That goes to our economy purse?

Stop being condescending Mr!

So they are somewhat restricted to buying Oil from us but you've ridiculously ignored the fact that our lackadaisical import policy also allows substandard Chinese products to flood the streets of ur dear Nation. That's certainly worth a few bucks to the Chinese govt coffers doesn't it?

I'm sure you know china's growth is been fueled by their manufacturing strides so what's the point in manufacturing stuff they can't sell to friendly nations?

Once again, do you understand the concept behind bilateral trade agreements?

be right back... lemme ask Ifa

gbaskipro:
You totally have no sense, you are an illiterate and just a fool. So what concerns China and Change? Do they need Nigeria? We need them more so what do you mean by it is not Business as usual? SMH, you better face reality and stop all this blind loyalty to a party just for Pride sake.

Do you understand the concept of bilateral trade agreements?

We need them as much as they need us

Na so ooooo


Nothing dey happen

Paso San Boldo in Italy

muscoliscious:
Bro u make sense die

How?

Please explain

Midas

This is a classic example of having a brain but failing to engage it

What's the single most important reason for the economic downturn of countries that are largely dependent on crude export?

It's obvious there is a direct correlation between slowing oil prices and tightening finances hence the reason for the recent market volatility and somewhat painful albeit necessary economical challenges we are facing.

You seriously need to start reading to understand and stop reading to wail.