₦airaland Forum

Penguin2:
Lol! Funny how you said we should keep APC out. Lol.

But thanks for actually bringing me up to speed with the current state of that policy.

I’m sure what happened to that policy will still happen to the current noise of BRICS nations when they realize how unsustainable what they are driving at is.

Meanwhile, I’m surprised I can’t seem to find those who have been celebrating the dumping of American dollar coming to this thread to explain why they’ve been celebrating and how it’s beneficial to Nigerian economy.

You've said it all.
I don't think it's sustainable in Nigeria.Our economy is tied to USD .
Nigeria has external loans tired to USD.Companies have loans tied to USD which must be serviced or paid in USD.
Most big economies in the world including China will not de dollarised completely but will only reduce the amount of dollars in their possession .

PulaPower:
Haha..

Ambassador bawo..

Who tell you Ambassador get level reach OONI

Im not sure if Ooni uses a diplomatic passport.

Penguin2:
I think in the early days of Buhari presidency, he made this media-hyped trip to China where he supposedly signed an agreement with the Chinese government that would enable Nigerian importers to pay for whatever goods they want to import from China in Yuan.

Are you saying that is not happening right now?

Because I remember APC boys taunting Igbos then, that the Jonathan they supported for many years never thought of doing that for them but Buhari that Igbos love to hate has done it.

Are you saying Nigerian importers are not paying for their Chinese imports in Yuan?

Chief, let's remove APC from this discussion before this educational thread is derailed.

This is just similar to the naira swap policy. Though it failed because we have an unfavorable balance of trade with China. What China pays us in yuan is less than what we buy from China .hence the policy failed.
Now, if Nigeria can get some of our crude oil buyers like India, China, and other countries to pay us in yuan and we have enough yuan to build our foreign reserve, then it will be a success for us.

princemillla:
That shouldn't be a problem I swear. There is no country in this world who doesn't rely on China. Even USA no matter the social media war with em, they still produce large numbers of their stuffs.

Having yuan in our reserved should not be a thing to debate on.
AGREE On bileteral trading, accept our naira and we accept their yuan. Sell yuan to Nigerians who needs it at a reasonable price.

It's not meant to be ..
For instance,If are processing Form M in the bank..Even if your supplier is in China, CBN remits USD to your China supplier because our foreign reserve is in USD.

Now if we now have our foreign reserve in yuan, Naija importers will have the option of paying their suppliers in China yuan because we have it in our reserve.

It's meant to favor our economy at the long run

Where is Emefile?

What it means is that part of our foreign reserve will be in Yuan not only in USD.
For example if Nigeria is trading with Kenya, instead of Nigeria to get paid in USD, we can as well get paid in yuan..

I

RockHard:
As an Obidient, I must confess that I am very pained by this news report. Therefore, henceforth I refuse to go to the UK anymore until the current Prime Minister is kicked out of office. I urge my fellow Obidients to follow suit by cancelling the UK and it's Prime Minister. UK economy about to go down . They've messed with the wrong ipobs Nigerians.

I support you...

Wailing don start again.
Tilumbu don bribe UK pm.
We must boycott UK now after all na we deverop UK...

Okan yin oni bale

Sewgon79:
Why would OONIRISA need Honourary Ambassador. OONI himself is Natural Head of Oodua race (Yoruba) through the world which is not limited to Nigeria alone, Yoruba in Benin republic, Togo, Ghana, Ivory Coast, Buki Faso, Trinidad and Tobago, Dominican, Cuba, Brazil, Puerto Rico, USA and UK.

Tell me if someone is Natural Leader and Head of a tribes in so many countries, why will he need Ambassador from a country which is just a dot in circles of people he oversees.

Maybe you should think it through yourself.

I understand your point clearly as you pointed out the fact. What I mean is that the Nigerian government can give him a diplomatic passport to aid his movement around the world, any country he visits, it should be at the expense of the Nigerian government, etc.
Ooni is a king with a class that all Yorubas are proud of.

Ooni is doing well promoting Yoruba culture both within and outside Nigeria...I just wish the federal government of Nigeria can give him an honorary ambassador role with all the benefits of an ambassador.

StreetFight:
They should start using the fake products they produce in their region

Hahaha ...them no get money...their purchasing power is the lowest in southern Nigeria

[quote author= post=122769262]You guys have worst criminal leaders, at least Abia state debt is low when compare with the states in your region still nothing to show with the huge debt[/quote]You know nothing about finance and economy ..im not going to debate this with you because its far far above you..You are too petty.

[quote author= post=122769187]I can't remember calling or blaming your fada in this thread [/quote]I'm not surprised with your utterance..It clearly showed how uncultured you are because your fada failed you.

olaboy33:
The men below are the core inner circle / loyalists of the president elect.

Gbajabiamila
Sanwo Olu
James Faleke
Ibrahim Masari
Opeyemi Bamidele

Add Ribadu to the list.

With this visit by Dangote, he should expect people from the most backward region to start boycotting his product.

[quote author= post=122769000]Ogun state[/quote]Is this Aba that is dirty? You people in that your region just like blaming others for your failures.
Is it the Federal government that will clear the Refuse on that road?

[quote author= post=122768857]Port Harcourt Road is a federal highway, Aba inter roads are better now, we know Ogun has worst roads but you guys always covering your criminal leaders[/quote]Is it the federal government that will clear the refuse on that major road? No wonder Kanu call his people p*g

MXrep:
This is a Federal road. Ikpeazu tried in Aba city roads

Do you mean it's the federal government that will come and clear the refuse on that road?
Or the federal government poured the refuse there.

MXrep:
That is why the people defied INEC and voted out the party in power unlike cowardly Lagos

Who would have performed better than Sanwo olu among the candidates in Lagos?
Or are you trying to compare Sanwo olu performance with that of ikpeazu?

[quote author= post=122767391]He hasn't been sworn in he don start God is great, while others are adoring their criminal leaders because of party [/quote]Be wailing oo..
So Aba to portharcourt road, a major road in Aba is as dirty as this in 2023..
Mba

Pepper dem inauguration ..
I want Sanwo olu to be there too to pepper them the more...
Everybody region is aligning now but sad yeast is still wailing.

This picture will make some people to start boycotting Dangote products..

LadiIshola:
Regardless of how APC zones these positions, if care is not taken, I see OUK pulling another Saraki on the party. His desperation is close to none.
So they must ensure all lawmakers from the party do not disobey party directives and vote in line with party wishes. Good luck to Akpabio or any other candidate from the SS.

OUK can't do shishi....Buhari allowed the loophole Saraki exploited and you know the party chairman tactically supported Sarakis ambition....Buhari was somehow undecided...Jagaban and his team will not allow OUK to succeed...

tonicyril:
Very unwise pipu🤣🤣🤣

Na these set of people still dey protest up and down...But look at it, despite Tinubus party at the helm of affairs with 22 state governors that backed him, he campaigned vigorously more than the other candidates. I don't know why they are pained that he won them

CilicMarin:
Deputy Senate President.

I beg put their name and their state if possible ..
Na beg oo

There is nothing like POD form in Nigeria banks

Madam Abike na mama kofosi ooo..
Ndi 83 followers

These old men are mediocres that's why no state outside the south east takes them seriously.

uncleade:
Gbayi people should quickly wake up before it is too late. Otherwise, a group of certain race will start referring Abuja as a no man's land as they are doing in Lagos now. We know them and they know themselves.

Its an insult calling another persons land and heritage a no mans land

HardBishop:
Don't mind the idiots, they love romancing hausa nyashes. As cunning as they are, they pretend to be with you but they will fight you just to suite their ego

Exactly...Wherever we are if you are not an indigene of that place, you are still a visitor.

inoki247:
Everybody holding on to dere territory....

That's how it should be bro. It's the land grabbers that are calling Lagos a no mans land. A state that ceased to be the FCT over 30 years ago.

Hehehehe, very funny but on a serious note, if this happened in Lagos, some people would have been masturbating that Ragos is a no mans land...Is Abuja too a no mans land?Whatever we do or wherever we are, lets know that some people owned where you are and their culture and tradition needs to be respected .

Meaning we should not blame Buhari for trying to resettle Fulanis from Niger, Mali, etc in Nigeria because Buhari is a Fulani first before being a Nigerian.
Why are we then shouting when Buhari showed his loyalty to Fulanis in other countries.