₦airaland Forum

I thought we were importing crude from the US the other day?

DeepSight:
The removal of the subsidy was a bad decision but the simultaneous floating of the naira was worse.

What should have been addressed was the corruption in the subsidy regime..

I think this view is based on the error that the exchange rate crisis was caused by the "floating". It was not. The naira was propped up by stilts under the Buhari-Emefiele administration.

helinues:
Cherry picking like his principal

If those who matters are praising president Tinubu's for the reforms and policies, why should we take the opinions of those who might not even be relevant politically in their family seriously

Seriously? You know anyone that matters besides Nigerians? Mtcheeew.

Penguin2:
EXCHANGE RATE UNIFICATION: With what was obtainable in the previous exchange rate, you had Alhajis that were making billions on daily basis by getting dollar from CBN at official rate and selling to the populace at the so called “black market” rate. The unification eliminated this and took the economy of Nigeria to the right foundation where it belongs and not on bubbles that was sustained by constant pumping of dollars just to maintain a lie.

Right now, Nigeria is no longer living on bubbles and lies. Where you see us today is where we truly belong.

Finally, someone that gets it.

I don't agree on subsidy removal though. It was the theft that made it balloon. They should have tackled that. Or wait a bit for local refining to come on stream. Or take measures to protect the most vulnerable. And much of the gains made from it have been seriously undermined by inflation.

nlfpmod:
Nollywood actress and a mother of 4, Nneoma Ukpabi's massive Cleavage-Baring dress to Ruby Orjiakor's white wedding is trending on social media.

Actress Rita Edochie, others slammed her. She later fired back at Rita.

https://www.instagram.com/reel/DKVCcXmsbva/?igsh=MWFkb3kzZmdtcXM5cQ==

You said the person that got married is called Orjiakor, right? Sounds fitting. I still remember that Orjiakor girl that year.

Ikaeniyan0:
The government has always make it clear that any section that is completed will be opened and put to use. I don't understand the need for this article after the explanation by the FG

Alright. But what of the railway component? Was that completed and commissioned with this segment? Or are they deferring that till later?

zionic:
Europe war should not affect AFRICA..we have suffered enough already!

It's already affecting us. Kpele.

Basicend:
Apparently, if the drones flew in from Ukraine, they would have been tracked down.

They had to launch them from within Russia.

Yes, I also believe Trump and American intelligence with NATO had a clue. He had been harping it for a while how he has been preventing Putin from serious attacks.

Russia will retaliate very strongly.

He was obviously talking about sanctions not military offensives. This sort of operation, not more than 3-5 people knew - or it would have leaked.

Kemistri3:
Russian military and intelligence agencies are ass. They're only good in poisoning Putin's political opponents

Ukraine smuggled in drones, assembled and deployed them right on russian soil

In fact, the control center for this attacks were based right opposite an FSB office(russian equivalent of FBI and DSS)

Putin is responsible for the destruction of Russia

The problem is hiring only yes-men because you don't want dissent. That's why Putin is surrounded by incompetent fools. They're the ones who lied to him an invasion would be welcome by Ukrainians and that the war could be over in days. That's why he's in this mess.

PepeXKermit:
if I hear say no be NATO help them organize this one make i bend. if not, Donald Trump will not say he is the one preventing bad things from happening to Russia. That means he knows something is up. una no dey ever think. you think beggar ukraine did not run this with their paymasters before attacking? dey there!

I doubt that though. It would have leaked. This sort of operation, only 3-5 people knew.

Bigchris01:
There’s a reason why I don’t like engaging some people in this thread because they don’t know what they’re talking about, some said Russia is the aggressor forgotten that UKraine has been crushing their own people for a long time before Russia invaded them, this war can’t be won by either Russia or UKraine it will continue until Russia annexed huge part of Ukraine, the EU NATO and the American govt are just using Ukraine to wage proxy war against Russia thinking that will actually weaken their military capabilities Russia is a rich country that also manufacture weapons, this will further undermine the peace deal process UKraine will be grinded to rumbles if they keep listening to those sitting in thousands of Miles away from their region advising them to fight their neighbor las las na Ukraine go suffer pass continue cheering them while people are dying 😂😂😂

The both EU and US etc funding the war can not accept such civilian casualties that has befall innocent citizens of Ukraine 🇺🇦 no amount of money or resources can bring them back

Russia is the aggressor. Stop spouting Russian propaganda. When did Ukraine join Nato? Or was in the process of joining? So if Russia sponsors a part of Ukraine to take up arms, Ukraine shouldn't have responded?

Father4all:
Tomorrow now Ukraine will be crying. Make una no run oo. Russia is coming

They've already come. Since 2014.

Adele05:
Coming from BBC, do anyone still believe in fake News propaganda.

So you believe these events did not take place? That the Beeb made them up? Please give us an alternative news source so we can ditch the BBC.

IMPARTIAL:
Which spade are you calling? Is it not what happened when Russia went into Cuba? The US was jittery because Russia would be close to them. The US used all their power to stop this fraternity between Cuba and Russia

Russia is doing the same thing against the US and the Western Allies. How can they come to Ukraine and be close to Russian territory?

International politics at its best! We siddon dey look. Las las, an atomic bomb will be released soon.

When did the US bomb Cuban schools and hospitals like Putin is doing? Where are the US missiles in Ukraine?

bigpicture001:
Has anyone ever wondered why Ukraine target Russia nuclear bombers..? Not tiger jet, not just missile propelling jets but nuclear bombers..

It is connected to the lifting of ban on restrictions of long range weapons....

Drones, not missiles, were actually used in this attack. They've planned and executed it for over a year. Its only modern equivalence is that operation Israel pulled off with pagers against Hezbollah last year.

Mrluv:
Putin would regret not taking that Wagner boss advice in his word stop call this war special operations call it what it is It is a war bring out the weapon would need to win this war instead he killed the guy Abi what is the meaning of special operations when your soldier are dieing in thousands and now Ukraine is destroying weapons they need to win the war Putin should better bring out the weapon they need to win the war the Ukraine he is fighting now is arm to the teeth it is not same Ukraine when the war started Putin better act fast now time is against him

He has brought out all his weapons. He's even had to rely on old decommissioned Soviet weapons from the 1950's. Why do think he's sourcing weapons from North Korea and Iran? Stop falling for propaganda.

The only weapons he's not brought out are nuclear bombs - and I know you're not d-u-m-b enough to advise him to use those. The reason he has not used those is, he knows the consequences.

Mirasteel:
Russia own will be brutal.

Oh, they've been brutal since the beginning. They're too clueless to find military targets so they bomb maternity wards and supermarkets. That does not advance their military aims, so they will lose.

Lezzlie:
And you are Anti West and pro Russia.

Funny how you think the Russia has the ability to win a war since 3 years now when Ukraine has largely been defensive.

No Russia is big for nothing. The world's greatest military propagandist

Seems about right. People used to call it an army with a state. I think it's a gas station with a state.

YourGFsnatcher:
Ukraine is fighting an unjust war. You can't have your enemy at your backyard after an agreement has been made. What caused the Cuban missile crisis? Is it not the same reason that Cuba and Russia where canoodling at America's backyard? Ukraine is closer to Russia than the west in all forms and culture, they even have families across the country and the west want to break them by force. Will you allow your enemy to befriend your wife because she has the right to be friends with whoever she choses

Your logic and sense of rightness though. I mean, how can someone that was attacked and is defending himself be fighting an unjust war?

You say it's Nato, do you have evidence that Ukraine was in the process of joining Nato when it was attacked in 2014, and then in 2022? Russia had missiles in Cuba and I don't recall any Cuban military base (not to talk of schools, hospitals and supermarkets) bombed by the US. Does the USA or Nato have missiles in Ukraine that justifies Russian bombing of Ukrainian day care centres and hospitals?

ogascomax:
It's children that think that it was when Russia invaded Ukraine the war began. They don't know the history of the war. They don't know that Ukraine was a buffer zone, the don't know that Ukraine has been shelling Donbas region. They don't know that Ukraine sovereignty does not give them the right to join NATO but when you don't understand international relationship or war strategy will be arguing blindly. NATO at the back of Russia calling that sovereignty is a stupid talk and even NATO countries know that. Forget what they lie to you at the open. Deep inside them they know it's not possible for Ukraine to join.

Donbass is in Ukraine, not Russia. It's Ukraine's sovereign territory. Putin had no right to sponsor insurgents against Ukraine there. Nato countries already border Russia, so one wonders what you're talking about. Ukraine's sovereignty does not give them the right to do anything? Dey play.

Anyway, you people are yet to show evidence Ukraine was in the process of joining Nato when it was attacked in 2022. Or in 2014.

Bigmouth3:
Shut up if you don't know the Genesis of this war. Read so you will be informed ,stop watching BBC and cnn

So in order to hear these Russian talking points that you call "Genesis of the war", what should we watch? RT? PressTV? Some recommendations from you would go a long way.

Streamz:
This is what Buhari got wrong and made life difficult for Nigerians.

You mean Mr Border Closure. Well, the people he was making life difficult for were cheering him on. They thought we'd be exporting cars and exporting rice by the tons by the time Buhari was through.

mrvitalis:
The level of ignorance to think why we don't produce enough wheat is lack of man power or labour is mind blowing honestly

Economics should be made compulsory

Comparative cost advantage as the driver of international trade is in SS2 economics. In my time, everyone I knew took economics. It seems that's not so anymore.

Celestialsword:
Importation of kills an economy as
it kills indigenous and infant industries

Any goods imported into the country,it creates employment opportunities for the citizens of these countries and also lead to capital flight,especially finished goods.

Western countries imports mostly cheap raw materials from Africa and turn them into finished products before exporting it back to sell at a higher price.

This give them trade surplus as those finished products are in high demand in Africa where they imports the cheap raw materials from.

The host countries are always on trade deficit because they are highly dependant on foreign goods.

Their only export are mostly cheap raw materials.

mrvitalis:
Which economics theory are you quoting or this is your opinion

Can you name a country that practice your idea that have grown

Celestialsword:
China imports silicon from Nigeria and use it to manufacture batteries which they export back to Africa.

Japan imports raw rubber from Nigeria and turn them to automobile parts including tyres and export them back to Africa.
industries in Europe, imports cocoa from Africa and turn them to beverages which they export back to Africa.

These countries are doing well economically as they declare trade surplus year in year out.

African countries rely sole on imports for their essential needs,this leads to capital flight because they are indirectly creating job opportunities for these countries while killing the indigenous and cottage industries

mrvitalis:
So are we not saying the same thing?
Nigeria makes its difficult to import raw materials

Allow import of steel a raw materials so that metal works industry can spring up

Allow import of fabric so that garment Industry can spring up

Allow corn and maize import so our poultry can be competitive

Is that u guys read and refuse to understand?

Celestialsword:
No, you don't import that which you have in abundant or else the Market will be bloated..

You import what you lack to balance what you have back home

mrvitalis:
What did I mention that we have in abundant tell me

Celestialsword:
What you mentioned are raw materials and since Nigeria is not an industrialized nation,she will not be able to turn them into finished products.

Hence we import finished goods and exports raw materials, hence the economy isn't growing

mrvitalis:
Bro what exactly is your issue... Go back and read my post slowly... Don't have this time for rubbish

It's Animal Farm: Four Legs = Good; Two Legs = Bad
Export = Good; Import = Bad

Celestialsword:
Importation of kills an economy as
it kills indigenous and infant industries

Any goods imported into the country,it creates employment opportunities for the citizens of these countries and also lead to capital flight,especially finished goods.

Western countries imports mostly cheap raw materials from Africa and turn them into finished products before exporting it back to sell at a higher price.

This give them trade surplus as those finished products are in high demand in Africa where they imports the cheap raw materials from.

The host countries are always on trade deficit because they are highly dependant on foreign goods.

Their only export are mostly cheap raw materials.

You may want to compare the volume of trade between Western countries and Africa and between Western countries and Western countries or China.

mrvitalis:
There is a reason the biggest export nations are also biggest import nations [/b]

We need economic policy change as a nation

It's called open market. The West understood and embraced it, that's why they're richer than everyone else. China started to get rich when they embraced it. India is much poorer than China because it has never really embraced it. But it's really hard to explain to our people.

Brilliant post. Thank you.

brain54:
"We keep electing people who only know how to grab power but don’t know what to do with it.”...

This el rufia if you hear him speak you will think he was a saint. And not part of the problems of this country.

He and Amechi have the same approach of doing the opposite of what they preach!

El Rufai and Amechi certainly have that in common. They posture to be good people but once the cameras are off, they're bandits. Although in fairness to Amechi, he doesn't exclude himself when he's thrash talking about Nigerian politicians.

Deepspirituals:
What is the FG Waiting for ? They Should Make Available His Mother at the Court , Make Available the Money . The Mother should hire a Lawyer , The Statements and Evidence of the Pronouncement of the Promised 5 Million Bounty Should be Filed by the Lawyer . The FG Should Put it in Written Document Signed by the FG Lawyer of their Readiness to Make Available the Money , Transfer it into His Mother's Account .

Once the Boy Shows Up at the Court , They Transfer 5 M into his Mother's Account once mama receives Alert , They Return the Boy back to the Prison.. Shikena... The Penalty of Running Away , That I don't Know ooo

Not going to happen.

braveboi4life:
He didn't even debunk the news, shameless Politicians
Fear politician wey carry Paator as title

What was in the video?

festacman:
She is just handing him a bible. How is that so much honouring?

I'm trying to see it too. Must be spiritual.