₦airaland Forum

Firefire:
Ok, I see, but your statement " Naira is junk anyways so no biggie " you are not fair to us without dual citizenship.

Naira is junk because it's largely politicized instead of being correlated with economic realities.

You can't have confidence in a currency that's constantly manipulated

Ya dig?

Firefire:
After the sharp decline in global oil prices and Nigeria oil revenue with about 48%, as of 18th February 2015 CBN closed the RDAS/WDAS

market for the Interbank Foreign Exchange Market (IFEM) in a bid to reduce the level of reserves depletion, after the initial 8% devaluation on

25th November 2014 from N155 to N168 per dollar.

This has foreclose any intervention from the CBN, the policy which I support. You see the gains in the recent news from Emefiele

The truth now remains, other approach needs to be explore to save most especially the SME and the Nigerian masses with International trade.

We should not politicize this perilous situation.

jaybee3:
Make them devalue the damn thing jare

It's pretty obvious they've stopped defending the currency with our foreign reserve hence the gain reported by the CBN

Naira is junk anyways so no biggie

We are saying the same thing

Make them chop enough beans before they get re-arraigned

We all know how these thieves usually get the option of fine

Dollyak:
Perhaps deceptively, but there has been no visible economic plan from the president so far. This, coupled with the delayed appointment of the ministers (finance) meant investors were always going to be worried.

Any price movement in the Naira is the responsibility of the INDEPENDENT CBN. Absolutely nothing to do with the president

Yes, the delay in his appointments may have affected the stock market since it's closely linked with business confidence and having uncertainties surrounding government policies ain't something any responsible big investor would delve into.

FX and stock are 2 different things entirely. They are loosely correlated

hamilton62:
you absolutely lack information or you just decided to be.....
Is GEJ OPEC?
what is happening to Russia, venezuela, lybia, SA?
You aren't grateful that he diversified the Nigeria economy from full dependence on Crude if not you would have even been [color=#880000] crying me an ocean [/color]

You want to tackle me?
Are you sure about that?

Think again and let me know your final answer

Here is a bonus for you to ponder on. We (CBN) have always pegged the Naira back using our foreign reserves. How would we be able to keep pegging it back if the reserve has dwindled and the price of crude has crashed ?

queensmith:
I'm shocked!

And nairaland agreed?? Seun should have responded by putting the thread on the front page!

He reverted the moderator's action so the thread is now locked instead of being hidden

Just imagine the criminal making such outrageous demands

Source pls

Dollyak:
The president isn't helping matters either.

How?

Detayo7:
Am sure Buhari is working, but even Moses elected people to govern the Israelites with him, this is a direct consequence of not electing ministers

No it's not. No amount of confidence as a direct result of appointment of ministers will help steady the ship.

We need to re-invigorate our economy and stop relying on the black gold as it's simply the ONLY way out

dejt4u:
Hit like if you dont regret voting for GEJ

Gerrarohere pvnk

What has natural dynamics of economics got to do with voting pattern?

The Naira was first devalued during his reign
We started struggling with our ability to defend the Naira during his reign
Our economic outlook already pointed towards unstable during his reign

So why would any sane human continue on the same path hoping/praying for a change in fortune

Oya go get a cake or something and run along

Make them devalue the damn thing jare

It's pretty obvious they've stopped defending the currency with our foreign reserve hence the gain reported by the CBN

Naira is junk anyways so no biggie

The car clean ooooo but why the engine warning light they show na?

ajepako:
Guy,,,please, if you dont know someone's story, dont make fun of that person..
I know this lady personally and i know how nice, down to earth and bubbly she used to be
For her to rant like this, believe me, she is pained..
Please, dont make fun of her..I beg of you..

Why would any sane person put her life on youtube just to get back at an EX?

She obviously did that to attract sympathy whilst forgetting there is always 2 sides to a story

If you know her as claimed then simply ask her to pull the video ASAP instead of crying on her behalf!

ajepako:
YEtunde ki lo de bayi!!!!!!!!!!!!!

WHY?!!!!!!!

Why did you allow a man to turn you into what i just watched on youtube??!!

My God! The Yetunde I knew and met, alongside Jerry sawyerr and Toni Kan during their stint with HEART magazine as junior editors was very lively, bubbly, frank and funny!

Why YETUNDE! why? I'm really in tears watching what yetunde has become!

My GOD!!!!!!!!!!!!!!!

Make i bring bucket?

She is obviously lonely and sad end off!

semitunde:
Sorry to derail. Has the Inspiredm thread been deleted? I just came online and I can't find it.

They backed the OP into a corner by insisting the thread gets hidden/binned as the sole condition for her full refund

Now we wonder how issues bordering along fraud are able to fester in our society

Sickening!

misreal:
two reasons y the interviewer was shocked.
1..he wondered how a mad man managed to enter his office, and was scared to the bones make u no end up beat am..
2..he wondered how you manage to graduate from the university,if you cannot answer a simple question as "tell me about yourself".
haahahah

GBAM

You are bang on point

He obviously theorized his answers which is usually a turn off.

Demdem:
So in ur daft state the NASS when looking at the income profile of the FG pokes his nose also into the ECA (money meant for 3 tiers of government ) and makes appropriation based on the figure in there right? u are running mad no doubt.

He obviously doesn't understand the true meaning of ECA

E bloody stands for excess meaning any Jara we earn should be used saved

Why then do NASS peg the budget at a certain benchmark..

Shouldn't the doofus have engaged his brain to know that the NASS budget relies entirely on the forecast income from crude sales at the bench-marked price in conjunction with the forecast from other revenue streams.

He obviously failed to understand that they supplement the budget by borrowing hence the reason why we always run a deficit budget.

I honestly don't know why these fools take him serious

kaypound:
If you don't perform you will be kicked out....ask the PDP who thought they could rule for 60yrs.
power is nobody's birth right.


We no be mugus again oh

Read and comprehend geez....
You need to start ignoring sensational headlines if you want to learn and improve

There is a clear difference in the 2 statements:

We will rule for the next X number of years because we are the biggest party

AND

We will rule for the next Y number of years because our developmental strides will force you not to consider others

jasmines:
Ibeju Lekki, on the Island

Able to send me details via PM?

jasmines:
Meanwhile do u know that $3,000 can get u a nice plot in Lagos every month?

Where?

BabyDaddy20:
Nigga
I run Chicago streets if you know what i mean

Yet another lie dingbat

You are actually too dumb to be a drug dealer

Don't let me catch you lying on this board again

Jarus:
Lol @ this strategy.

Makes sense.

I'm not so good at saying NO too. What I do is ignore. I hardly pick calls, don't reply facebook PM etc.

As a young man that justed started working in Lagos years back, my father xmas disposition landed me in serious financial crisis.

Now, other than my parents, a couple of siblings,family members once in a while, I no dey share money anyhow again o

I don't even pick calls, as I know 90% of calls from certain people are to ask for money which I find difficult to turn down.

Alabajo
Lool

BabyDaddy20:
$15 * 15 hour per day is how much ??
Multiply it by 5 days a week
What's your answer ??
Then multiply your answer by 4 weeks a month.
Do you know if i do other jobs ??


Do you also know the nature of the jobs i do ??

15 hours a day * 22.5 working days a month * $15 per hr =$5.06k per month

That's the gross pay and 75 hrs a week is not sustainable

Stop telling porkies

Obviously not going to be driven so what's the point

Deborahj:
I am in the same shoe with you,I used to send slots of money to Nigeria before to friends and family, infact some of them will call you send me IPhone, Laptop etc, the Facebook am using before I have about 600 friends on it which is too much for me to manage, all I did was to shut down the account and open another one and I make sure I add only people I want like my old class mates ,friends here in Europe. Then I changed my mobile number with the New phone am using now which is my work phone is only know by my Company and people I do Business with, the other phone I dropped it in the Car or sometimes in the house and I won't even check it until after 3 days sometimes

What is important to me is my constituency which is my father and mother with younger ones all I told them is to always drop a voice mail,send text to me on facebook or my phone, I will surely read it and reply, then about Facebook you can never see me online despite the fact that I have just only 110 friends now on facebook.

One thing I have seen is that you can't satisfy every one which is a fact.

Good measures but still don't understand why you have to go through all that stress when you can just say No.

Try saying No sometimes and watch how it helps create the necessary doubts on their minds before they make any future steps to ask you for money going forward.

monsieursam64:
[b][/b]

"I don't have a high school diploma but i make over $6000 every month.
I work for 5 days a week at $15 per hour."

bros, the bolded does not match up. I assume that would have been a typo error, because even with 3 full time job with same hourly pay, u still won't earn $6000 every month.

shalom!

Maybe he works 24 hrs a day

Na today people dey lie for Nairaland...

No mind am jare