₦airaland Forum

I was expecting it... too bad... NIGERIA is JINX

Hmmmmmm

The END is NEAR...


There was a country

What a zoo indeed... THERE Was a COUNTRY..



The Republic of ZOOgeria

OPCNAIRALAND:
Wike is lying.

It is not the job of Rivers State to fly air raids or patrol border for national assets. At the moment that job belongs to FG.

This cannot be the first shipment of armoured equipments into the country. If under Buhari's administration of scrutiny, and one in which the Director of Customs himself is a hawkeye, they can attempt to smuggle in armoured airships you can imagine under Jonathan and with an Ibo at the helm of affairs in Customs how many dangerous and counter-security equipments has been brought in under cover.

If we had not changed administration who would have uncovered the massive corruption going on with Diezani Maduekwe and Ngozi Iweala with funding from Dasuki's security allocations? The revelation about this chopper and saying it was imported under previous administration goes to say that EFCC need to sniff the ground thoroughly, they might unvover that the trail of heavy machinery and sophisticated weaponries found in bokoharam arsenals were channelled through access using money laundering syndicates based in SS/SE.

Recall that Jonathan had taken sea and coastal waters patrol and security away from Navy and contracted national security to a private company owned by Tompolo and ex-militants who then started importing military vessels and hardwares from abroad. The Ports Authority Director was a SS man, the Maritime Agency was an SS man, DSS was headed by SS woman, Customs was filled with Ibos, so it was all a tight arrangement for the syndication to succeed with zero oversight from NSA who was busy disbursing millions and billions to every d1ck Jack and Harry.

The current administration is not working well to relieve people of hardships but when it comes to national security Jonathan was a good riddance, thanks to Yoruba for supporting his replacement.

It's a pity that I share citizenship with some ineffectual slowpoke

Happy born day.. one of Nigerian realest songwriter

GossipHeart:

The name of the snake is Black Mamba

You don't wanna come in contact with that evil

In 2009, i did an experiment with the poison extracted from it's mouth, i mixed it with human blood, the result was scary, in just 2 minutes, it froze the blood

And for the people saying that it's a king cobra, how old are you guys ?? Even a 4 year old kid can tell you how cobras look like but you guys stupidity is amazing

Cobras have flat hooded heads

There are no cobras in Nigeria

The only cobra you will find in Africa is the black-necked spitting cobra, and it's only in Mozambique

The second picture i will attach is how a cobra looks like

I knw for 100% u don't knw snake species, that a cobra.. I have done lot of project with dat specie

Agimor:
This is long due if you ask me. How will someone be in the high way without anything to protect his or herself bearing in mind how dangerous the highway maybe.

Is it their Job to protect or safety.. why then do you need firearm..

Adiahabasi:
Got my Ielts re-mark result earlier today. Writing upgraded from 6.5 to 7 after 10.5weeks! To God be the glory!

pls how much did youy pay for remarking. thanks

hello house.... am at the point of applying for my TRV humber college FALL 2016..... pls i need assistance in submitting d required document

pls where is d VFS office in lagos, where can i get police clearance certificate.

please help me out.

Bevista:
Ordinarily, I should not comment on this thread since Ubah has not mentioned how he would go about it. However, for the benefit of those who might get swayed by his cheap claims, I'll say something.
---
The exchange rate (PRICE of dollars) is determined primarily by SUPPLY of dollars (through exports, FDIs, foreign borrowing, etc) and DEMAND for dollars (through imports, payments of foreign school fees/medical bills, online purchases, etc). The NET flow of these transactions determine the Balance of Payments (BOP) account with the Central Bank. Elementary economics tells us that when demand exceeds supply, prices go up!
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Coming back to Nigeria, it is well known that oil accounts for 95% of our FX earnings. As oil prices have collapsed from ~$100 in 2014 to ~$30, our supply of dollars has dropped tremendously. This is even worse when one considers that our cost of oil production is ~$20/bbl, meaning that our dollar revenue from oil has dropped from ~$80/bbl to ~$10/bbl. On the demand side, the request for imports are increasing. With such supply shock and increasing demand, there is only one way for the exchange rate to go. This is basic economics and has nothing to do with Emefiele or Buhari, except you are simply being mischievous or grossly ignorant.
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When oil collapsed from around $147 to $38 due to the 2008 Global Financial Crisis (GFC), Nigeria had a Foreign Reserve of ~$62bn. The then CBN Governor had to spend ~$20bn from the Reserves to meet import demand thereby preventing devaluation/depreciation. Between 2011 & 2014, oil price was above $100, meaning that the administration never had a dollar supply problem and so could maintain a stable exchange rate. Fast forward to late 2014 when oil prices slid to ~$60, the CBN had to devalue the Naira twice within a period of 6 months (Nov 2014 & Feb 2015) because the Reserves were too low (<$35bn) to deplete to support imports. Now in 2016, oil prices are around $30/bbl while FX Reserves is less than $28bn. The supply shock has reached unprecedented levels, yet demand for imports has not decreased. There is absolutely no way that the exchange rate can stay below N250/$. Simple economics says that price will continue to move till a new equilibrium is reached where demand equates supply.
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There is no policy from Emefiele, Soludo, Greenspan, Bernanke or any other Central Bank governor that can strengthen the Naira in the near term. Except we want to completely deplete the Reserves or go to the IMF to borrow SDRs just to meet import demands. Brace up folks, if oil price collapses to $20 (thereby increasing the supply shock) the exchange rate shall hit N1000/$ and I repeat, this has nothing to do with Emefiele or Buhari but simply economic forces. The only thing that can save the Naira is either for SUPPLY of dollars to increase (through high oil price) or DEMAND to reduce. Since we do not have control over the supply side, we can at least focus on managing the demand side.
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So Mr Ifeanyi Ubah, you have zero knowledge on what you are talking about. With all the money you made from the last government, you can start by building a refinery or some other manufacturing facility (like Dangote) to help us substitute for imports. That would help the Naira more than you seeking cheap consultancy from the government. Or except you want to broker a deal for the government to give amnesty to your Dasuki-Gate friends, so they can bring out stashed up dollars from soakaways and graveyards to support the economy.

I guess...u are still a learner....
its possible and realistic... QUOTE me anywhere

ok

hmmmm

truth ll catch with u all someday

Lanretoye:
Eeyah,its a pity...
Prolly one person lied through an arraggee genotype test,I think all of you should go for a confirmation test but if things are still the same,u should just relocate to reedeem camp(real madrid) or synagogue (barca). Depending on which one of them you choose, someday in one of those night vigils God might just decide to have mercy on you and ur family.

hmmm...

wtf

dis 1 small, I was a step midweek 2 my 46M na idiots ARsenal spoiled my celebration

I didnt

dis guy na die dey

hmmm....i smell something

wtf

lolz

u are well respected, stick to ur principle come 2023 I ll vote for u

good news

is this how Government Agencies want to gather rices and oil that they share during festivals as christmas gift...



soon it ll be cooking oil and turkey market they ll invade...

I said it... lets watch before xmas..
u ll see am right

hmmm...

in MICHAEL jackson voice '' ALL I WANNA SAY IS THAT DEY DONT REALLY CARE ABOUT US!!!

Highcuerayte:
Well, this does not, in any way and at any rate,call for public opinions but since you opined i guess then i might just give my own opinion which, might be unacceptable or acceptable. Nevertheless, i am still going to give it anyway, knowing you are still going to do what you are going to do.


First of all i must say you have a nice story up there and analyzing it I found out you made some erroneous and highly egregious mistakes,which compounded has led to this fortunate rather unfortunate series of undeserved puerility. Which considered, according to you is pestilential and pernicious, most of all,highly disturbing.

Without much prevarication, i submit that you quit for your own peace. If you don't quit, maybe then, one day, you will have the honour of having your life quit by your marriage.

[color=#770077][/color] only last paragraph make sense...

I just tired for this country