₦airaland Forum

NwaObinkita:

Nigeria will always be different.


Osibanjo is standing farthest on the right of the greatest world power. Why didn't he stand next to Donald Trump, isn't Nigeria the giant of Africa again?

And he is the only one not on a suit.



Osibanjo why are you like this...see as you be like korofo while the rest look presidential

PapaNnamdi:
Do u ppl even knw wat it takes to start a country?

Biafra is not a solution,
Stupid ppl everywhere,.. Smh

thirty:
Nigeria Custom Service are the problem of importation in Nigeria. They prefer post inspection rather than preinspection of goods for the sake of revenue.

elyte89:
I shouted up Nepa during late 80's and I am so sure my Kids too will exp d same scenerio,take a gud look at our neighbouring countries,like Ghana,Benin rep,Togo,burkina Faso etc are eida on constant/steady power supply of 16hrs daily(a case study SENEGAL)
Is dt here in Nigeria,we re so daft dt we can't generate electricity to sustain us b4 thinking of selling outside 1st or we lack competency in d aspect of power generation,abi na ba leader,cos I can't just phantom it again
If we look at d Fortune spent on dis power sector alone,right from 1999-present date,i am so sure it will b enough to generate substantial power from d scratch cos ever since 1983,we av been rovering ard 2000MW-4500MW
Abi,shld we employ/beg d ppu at d helms of affair when nigeria was at 0MW,and build d power to 4,500MW,we re still using up till date,cos those at d helms of affair from 1999_till date re not adding anytin meaningful to our power sector rada they are only maintaining/worsening what deir predecessors left in the power sector

ZUBY77:
Chinese international airports banned anything with batteries to cross through there.
Phones, power banks etc.
So Nipost may actually not be responsible.

sonofLuci:
My brother, savage you are, no chill you have.

vintino:
I am into mini importation and all I do is import based on what clients want, and I do ship through Nipost , now I recently ordered for two goods from AliExpress, a Zuk Z2 and Xiaomi redmi note 4X with accessories all valued around $400+ ..
Now I was called yesterday from post office mararaba , Nasarawa state that my goods is at the post office only to get there and open the package and all that's inside is an empty phone case and a eyebrows pencil..
I rush down to office that we will sort it out today, and the redmi note 4x came in yesterday, but on getting to the post office today we opened the package too and samething happened ... EMPTY PHONE BOX..
Now most people have been complaining of these kind of theft by Nipost official, guys don't want to go into crime just to survive but the way things are going they are driving us to that point...

I am asking all willing nairalanders and Nigerians​ to come to our aid, I am willing to sue them if the need be,
Although they are arguing between themselves but you know Nigerians it might all end there..

Please I will appreciateall help I can get ....
And please help me put this to front page.

26andsearching:
I don't know why am always meeting materialistic ladies

Although I didn't do much dating at school, but the few I had were so demanding. Meanwhile the reverse is the case for my guys.

Am not the stingy type, I love to go out on dates , once in awhile​ hand out not so expensive gifts but cool gifts. Send airtime if I can.

But the kind of gals I meet eh
Be like

I need money to make hair 3k...

I need money for one silly thing or the other and so on.

Virtually putting responsibilities​ that belongs to her father on my head.

I tend to yield to some because of konji sometimes, I can't die na

I always admire my friends​ babe. She is so content. I mean I can't even describe how cool she is.
She actually paid for my friends final year fees and supported him when he had family issues. I know there lot of ladies like this out there , but why am I yet to meet one

Okay this happened to​ me last week at ICM. Saw this chic looking all good. I didn't dull we started talking exchanged contacts , immediately we got home started chatting on WhatsApp , in my mind was already happy my have got an honest one.

Next day was a Saturday. Woke up na she they my mind

Started chatting immediately , cut long story short , she asked me for 3k , I nearly mad.

I mean am yet to even ask u out and u had to make that request.

This threw me off balance, and I had to take a long pause and think. It's really scaring me cos am in the point of my life where I have to be serious.

I just can't phantom out wat the problem might be.

Is that am too fine Cos hell yeah I am ( don't ask for my pic)

Or they money smell on me when I walk

Money isn't my issue, but I don't just want to build a relationship around a liability gal.

I would really appreciate good and solid opinions especially from married people.

Thanks

gadgetman:
Hilarious photo of the former president of the United States, Barrack Obama and Pope Francis vs President Trump and Pope Francis! The pope ain't smiling What do you think?

http://trendshood.com/2017/05/obama-pope-francis-vs-trump-pope-francis/

autosina:
Was surfing the net few days ago and realized the sportiness of Mazda car designs over Toyota and Honda models, and I wonder why Nigerians aren't patronizing them.
The one below even has the face of a BMW 3 series.

This is the problem I always have with you, your analysis is not always holistic. What is the percentage of imported goods to locally made goods in Nigeria, it is a known fact that over 90% of our products are imported including toothpick. Again, what is the percentage of transportation cost to the entire cost of production? Why are you mentioning energy cost when marketers have currently stopped the importation of fuel due to their inability to access forex? Is it not the same high exchange rate that is impeding cheap transportation and all other factors of production? Are transporters just changing parts or do they change parts every day? Is it not high cost of importing those parts that are still affecting that aspect of production?

For your information, other factors of production mean nothing in Nigeria. In fact, we have one of the cheapest labour in the world or when last did Nigeria companies increase salaries?

Everything in Nigeria is about cost (credit) and poor business practices by financial institutions, the majority of the non-performing loans you mentioned comes from oil sector after global oil prices plunged. Now, how does that translate to the entire economy if you are trying to diversify the economy?

The other businesses that defaulted on loans did because of high-interest and foreign exchange rates that hinder them from importing raw materials. Therefore, forcing them to default and subsequently fold up. These are less than 10 percent.

Again, the non-performing loans come from the oil sector. The current approach is for the non-oil sector that contributed 91.1 percent of our entire economy. Also, if non-performing loans are not from non-oil sector and yet access to cheap capital is hampering them from growth, why not grant them and revamp the entire economy through real investments? Diversification!

I don't know where you see robust govt spending that is driving inflation (cost-push inflation) that is moderating slower than previously expected. The 2017 budget has not been signed in May, some of the 2016 capital projects are still awaiting funding. Where is the robust? This is my last respond jare.

noblezone:
Nigeria has made me insane.

Ever since the day I saw that a child from Anambra who scored 69% in Federal exam was denied admission while another child from Yobe who scored 1% was offered the same admission, my "sanity" has been in contention .

As per the Hogwash I wrote, you can continue to live in denial.

noblezone:
How can the government prevent a woman who has decided to feed her husband with rat poison?

You are the president.
you live in Abuja..

Chibok community is hundreds of Km away.

Children are to write exam, then politicians in the North West arranged a kidnap of the girls. The authorities who should protect the gals, traded them for money and politics.

The security personnel were compromised.

what can you do?

Do you know of the betrayals other Nigerian soldiers suffers in the hands of Northern Nigerian soldiers over this matter.

Some of you still don't understand, Nigeria is a fraud.

9jakohai:
So, APC kidnapped the Chibok girls, and PDP knew, GEJ apparently knew, and did nothing to stop it?

Does Labour Party realize that they are making GEJ look like a weak President who was so scared of APC that they could get away with murder, and he would just look at them.

That is why I don't buy this Chibok is a scam thing. It only ends up making GEJ look like a weak and powerless president.

Time to get rid of this idea that Chibok is a scam. Was the more shocking deaths of 49 students in Yobe a scam too.

Me I get why GEJ did not move fast to rescue the girls .....because those book guys would have killed them instantly on seeing a rescue party. Negotiations was the better alternative

ApolitiCal:
Hmm, And the clueless ineffectual buffoon allowed the kidnap of the innocent children under his nose? I think the leadership of this party should visit sambisa to confirm to us that boko haram is a scam.
The video of shekau displaying the girls under heavy black hijabs was also a scam?

Truth234:
People like you should not be meddling in things like this. You need to first understand what kind of inflation it is, for your information this is a cost push inflation, meaning a persistent rise in the prices of inputs (factors of production), and not a demand pull inflation that can be moderated by adjusting rates.

This simply means by controlling costs of production we can regulate our inflation. In Nigeria, a country that depends on importation for most of her supplies, her cost of production is directly proportional to her cost of imported goods. Therefore, to regulate prices, we must improve our foreign exchange rate by reducing demand through empowering local manufacturers via cheap loans to produce close substitute goods. This will not only ease scarcity but also reduce unemployment, boost wages, increase consumer spending and aid FG diversification agenda, while encouraging exports (foreign revenue generation). Hence, the CBN needs to lower interest rate and spend more to better empowered the masses to stimulate the economy from within, especially the manufacturing and agricultural sectors.

For your information, inflation is this high because costs of production are high.

Again, the CBN keep rate this high to encourage capital importation and not to moderate consumer prices but with the new fx window that has done about $1.1 billion in trade volume since instituted a month ago. I am positive capital inflow will continue, especially with recovery in-sight by the second quarter.

63xtr33r:
Yoruba bigot, you didn't complete the story...

Didn't you remember how Adaka Boro ended his life after helping the Yoruba braggart, Benjamin Adekunle a.k.a the Black Scorpion, to kill Biafrans in the war?

Benjamin Adekunle eventually had to kill Isaac Adaka Boro just to claim his exploits for himself. Imagine backstabbing and killing someone who helped you in fighting to penetrate Biafra, just for your selfish end!

Trust the Yoruba man/woman at your peril.

Without doubts your Benjamin Adekunle is a coward like the rest ass-lickers. Adekunle's exploit was mainly in shooting defenceless Biafran civilians.

During that 1967-70 civil war, Benjamin Adekunle  mocked the pope, Red Cross, Caritas, world council of churches, UN etc, and boasted of his killing spree on the Igbo civilians.

And how did his life end on earth?

He died a miserable contractor, he was literary begging for contracts just to feed.
This is a man that ranked higher than IBB, Danjuma, Obasanjo in his hay days in the military. 

The Hausa-Fulanis used him to prosecute the unholy war on Igbos, and they dumped him after mission accomplished. He died a miserable contractor, he was literary begging for contracts just to feed. The black scorpion ate his own excrement, begging Igbos to pay his medical bill to ease his pains until he chose death in 2014.

The bloody general was stripped off his military title; he was discharged dishonourably without his benefits, till he died he never received a single pension from the Nigerian State. It was indeed a miserable life for the tribalist.

But before his death Adekunle apologised to the Biafrans for his atrocities. And he owned up by revealing the fact that Yorubas and their Northern co-travellers declared war on Biafr* because of crude oil in the Eastern region and not for unity of the country!

Truth234:
It actually doesn't make sense to maintain current monetary policy rate. One, the CBN monetary policy has started stalling, meaning the pace of improvement of both the Naira and Price (inflation rate) are below intervention rate. Hence, the CBN needs to empower the masses to stimulate the economy by lowering borrowing cost and institute a complementary fiscal stimulus. The ease of doing business being pursued by the FG will amount to nothing without access to cheap capital, rather foreign investors and few others will take advantage of the policy.

Two, the uncertainty in the US have little to nothing to do with the Nigerian economy. In fact, any political conundrum in the US or call for impeachment like Green did last week will favour Nigeria and other OPEC members, this is because it's the Trump proposed tax cut and stance on climate change that shale producers are banking on going forward. Hence, global oil glut that is complicating OPEC policy.

Theresa May will win on June 8, so it has nothing to do with Nigeria. U.K. is already looking to deepen its relationship with Nigeria, but without good monetary and fiscal policy to encourage broad participation of Nigerians. It will mean little to nothing to the entire economy, U.K. won't sit around for Nigeria to get it right.

With the current investors and exporters forex window that seems to be working and oil above $50/barrel, the CBN can lower interest rate to 13 percent and still maintain capital importation. Instead of giving money to few individuals in the fixed income market.

Just because inflation rose above 4 percent in the US in 1974, president Nixon was almost impeached before he resigned. Here we have 17.24 percent and 14 percent interest rate in an emerging market with high unemployment rate and weak earnings. Yet, people think it's right to maintain the ongoing policy. I am tired of Nigerian experts/analysts joh.

Eaa247:
chief of defence staff is superior. in USA its calld defence secretary or secretary of defence

pinkcottoncandy:
Who are you people fooling? Which metrics did they use in calculating these figures?

Abi did they use all the bole and fish joints in PH to calculate the rate of inflation?.....

Make amadi oha faya all these our ancestral leaders ruling since 1970... wey nor gree die leave power for the youths to taste leadership!!

cathodekazim:
glo is doing fine in terms of data n call

even a mtn can frustrate a madman

switched to glo this month when i nearly had an accident because of mtn wahala.

now mymind is at peace

DollarAngel:
This is MTN 3G Imagine is faster than Glo's 4G shame on them

drsteroid:
Nonsense! We are still battling epileptic power due to gas shortage and we are selling what we would have used in improving gas supply to our power plants to countries who have stable power supply than us. Why are our leaders heartless?
I believe Obasanjo who approved this contract when he was still President must definitely have a stake in it. Our leaders are just too egocentric, this arrangement is just a hoax.

Amberon:
This guy is not lying at all. While I lived in eastern Europe, I got to understand these things more. I met some guys who were internet scammers. All their Nigerian friends who lived there (and i mean all with the exception of none) were internet scammers too. Eventually one got arrested (he's probably still in jail now) and several others fled the country for fear of being arrested too. One ran to Ghana after he was caught withdrawing money from western union with fake documents. He was under strict investigation and fled the country using a fake passport (which is another crime). Apparently he would create fake bank websites that are identical to the original websites. Imputing your credit card details in those websites would result in him getting all your information and subsequently he would "wire" out every penny you have. I also got to know that they did a lot of online shopping with stolen cards.

We shouldn't play the"racism card". The op is 100% correct. This op isn't exaggerating at all. Nigerians have also destroyed the reputation of Malaysia. A cyber cafe was busted in Lagos for habiting fraudsters and the locals all came out to support the fraudsters.

We don't need to lie to ourselves, the op isn't saying that EVERY Nigerian is bad, he is simply saying that an overwhelming majority of us are bad and that is the gospel truth if we mean to be truthful to ourselves. Look around and you'll find that several of your colleagues steal office property when the opportunity arises.

fratermathy:
But he is generalising. The truth is that people that give Nigeria bad images are in the minority, contrary to what many think. For every internet fraudster, there are hundreds of honest Nigerians!