₦airaland Forum

I thought the Yoruba are enlightened, but when it comes to politics its a different ball game , Ambode was and will never be the best candidate to present on APC platform for the governorship election , but greed clouds the sense of reasoning of educated men and takes the whole society backward

Let me believe he just wants to garner experience of FIFA politics ,

We already knew since last year Oct 1 that this year Oct 1 would be on a Thursday , and its always a holiday mtschewww

Truly truly , the pen is mightier than the sword

now the devil has come knocking on your door if only you will resist the devil

olaafirst:
Well don sir just want to inform you I'm compitent for the electrical work

competent to supply you genuine electrical items

mikolo80:
how much

single phase N7500
three phase N15, 000

jamex93:
If no b Nigerian made

We no dey buy

YOU ARE RIGHT Thats the spirit, made in Nigeria for Nigerian should be the order of the day , my next post is a made in Nigeria electronic product,,,,

Do you live in a building where you share one prepaid meter with your neigbour? you split the bills into two.whereas he has loads of air conditioner, uses electric cooker, you are hardly around in your flat, YOUR neighbour doesnt know when to turn off the light when there is daylight to save energy bill and you are one hell of an economist in the usage of energy.
Here comes the solution, electronic energy meter. This can be installed just at the entrance of where the wire connection comes into the flats and reads the energy consumption of each flat independently, and in this way no one is short changed. it comes in 3 phase and single phase and doesnt need a rocket science to get installed.

Reading by comments here I have come to conclusion that so many people do not know the full definition of rape.

someone should pls tell me, is there any road in Onitsha that leads to port Harcourt ? bloggers inventing addresses since the advent of internet

tax payers money

Elxandre:
Stop abeg!

Are you God to know that this was the final test and that God would have given them a child?

Because I know those who wait on the Lord , do not wait in vain. The devil in disguise of the secretary is attempting to put asunder what God has joined, Children are gift from God,
The Op has lost faith in him hence he sought to go bout it his way . And pls I am not God

disagreeing voices is what makes democracy , if barcanista comes up with articles to discredit PMB, u come up with articles to glorify him , that is the beauty of democracy we mustn't all speak with one voice. same thing is obtainable even in developed country .

HenryTools:
i have been scammed before . send recharge card to a kid here and he never pick calls or reply my chats anymore. my 3k lost like that. unless u accept i come to you 1 to 1. i will fulfit the TFair, i will pay you cash and you transfer my GB . else..forget story

don't mind that yeye man , make him no go find work

Diegobonito:
You are an IDI0T. Have i scammed you before? Ezi

do I have to wait for you to scam me first , I can smell a scammer wirelessly from a distance bro and you sound like one , sorry bro

you derailed the very moment you lived a life of adultery with your secretary, and the lord has abandoned you and right now you are dinning with the devil , when the secretary was making advances at you that was when the devil was making his last attempt at you , if you had resisted this temptation the lord would have blessed you with a child but u failed the last and final test. do u remember what happened to king David when he committed adultery with Uriah wife, the child still later died. you have had patience for 14 years but it was all for nothing cos you failed when it matter most. Ichabod has departed from Israel

pure scam' don't fall a victim ' my people . scammers are every where using every means , 240g ko 240 gb ni

Qualer:
Wrong! Go and ask the same Walmart if they were allowed in South Africa a couple of years ago (2012). The SA government didn't want them because they were going to be competition for there local brands (Shoprite, Game, Clicks etc.). These are the same brands that the SA chamber of commerce is using to make in-roads throughout west and central africa as export channels for their locally manufactured products. The summary is that Walmart was finally bullied into investing in a local SA brand chain.

Now look at the dumb Nigerian government, the same shoprite came and is infiltrating every nook and cranny with their imports and nobody in government is any wiser. If they want walmart in the country, they should make them invest/partner in/with a local brand instead.

Wise administrations do NOT allow big brands to come into their countries and take away their revenue. Walmart is operating in the UK but as ASDA - a localised brand. Which means all the revenue stays in the UK. That is wisdom, not exhibiting lower class ignorance while thinking - we are bringing foreign investment - that's nonsense at best.

The Nigerian government should wake up and stop this inferiority complex and playing into the hand of big business indirect neo-colonisation!!!!! My two kobo!!

my bro , you make too much sense , wherever u dey take one orijin for my head

damiloladuke:
that's a rather sad news, but they are not the only countries in the world that need our services.. let's look into other countries and continue the trade




CHECK OUT MY FUNNY SECRET DIARY

do u think other countries are like Nigeria that does not have a standard

chaiiii timaya you fall my hand , he who the gods must kill, dem dey make am go mad first, see the kind lady u go involve yourself with, watch your career go down the drain bro

Demmocrats:
This makes cheating in exams much much easier before the invigilator gets to you, lol you must have finished with the expo and submitted your script
www.

baddest Boi

This is crazy , absolutey crazy !!

police is never a friend , no difference between an armed robber and a police , one is on uniform and the other is plain but same evil

Oyind17:
I'm not supporting the police but the lady should av obeyed before complain. she went as far as biting one of them.

Monkey I can bet your father is a policeman

husu:
My company is Emepat Engineering Services Ltd. It was registered under minor Electrical and Instrumentation Engineering, Construction, procurement, Revamping and maintenance. I do detail Engineering design for Companies and after the design is approved, I mobilise my team to site for site construction works. Any like minds?
+234 8091988615

yeah like mind here

Global oil prices have fallen sharply over the past seven months, leading to significant
revenue shortfalls in many energy exporting nations, while consumers in many importing
countries are likely to have to pay less to heat their homes or drive their cars.
From 2010 until mid-2014, world oil prices had been fairly stable, at around $110 a barrel. But
since June prices have more than halved. Brent crude oil has now dipped below $50 a barrel
for the first time since May 2009 and US crude is down to below $48 a barrel.
The reasons for this change are twofold - weak demand in many countries due to insipid
economic growth, coupled with surging US production.
Added to this is the fact that the oil cartel Opec is determined not to cut production as a way
to prop up prices.
So who are some of the winners and losers?
Russia: Propping up the rouble
Russia is one of the world's largest oil producers, and its dramatic interest rate hike to 17% in
support of its troubled rouble underscores how heavily its economy depends on energy
revenues, with oil and gas accounting for 70% of export incomes.
Russia loses about $2bn in revenues for every dollar fall in the oil price, and the World Bank
has warned that Russia's economy would shrink by at least 0.7% in 2015 if oil prices do not
recover.
Despite this, Russia has confirmed it will not cut production to shore up oil prices.
"If we cut, the importer countries will increase their production and this will mean a loss of our
niche market," said Energy Minister Alexander Novak.
Falling oil prices, coupled with western sanctions over Russia's support for separatists in
eastern Ukraine have hit the country hard.
The government has cut its growth forecast for 2015, predicting that the economy will sink
into recession.
Former finance minister, Alexei Kudrin, said the currency's fall was not just a reaction to lower
oil prices and western sanctions, "but also [a show of] distrust to the economic policies of the
government".
Given the pressures facing Moscow now, some economists expect further measures to shore
up the currency.
"We think capital controls as a policy measure cannot be off the table now," said Luis Costa, a
senior analyst at Citi.
While President Putin is not using the word "crisis", Prime Minister Dmitry Medvedev has been
more forthright on Russia's economic problems.
"Frankly, we, strictly speaking, have not fully recovered from the crisis of 2008," he said in a
recent interview.
Because of the twin impact of falling oil prices and sanctions, he said the government had had
to cut spending. "We had to abandon a number of programmes and make certain sacrifices."
Russia's interest rate rise may also bring its own problems, as high rates can choke economic
growth by making it harder for businesses to borrow and spend.
Venezuela: No subsidy cuts
Venezuela is one of the world's largest oil exporters, but thanks to economic mismanagement
it was already finding it difficult to pay its way even before the oil price started falling.
Inflation is running at about 60% and the economy is teetering on the brink of recession. The
need for spending cuts is clear, but the government faces difficult choices.
The country already has some of the world's cheapest petrol prices - fuel subsidies cost
Caracas about $12.5bn a year - but President Maduro has ruled out subsidy cuts and higher
petrol prices.
"I've considered as head of state, that the moment has not arrived," he said. "There's no rush,
we're not going to throw more gasoline on the fire that already exists with speculation and
induced inflation."
The government's caution is understandable. A petrol price rise in 1989 saw widespread riots
that left hundreds dead.
Saudi Arabia: Price versus market share
Saudi Arabia, the world's largest oil exporter and Opec's most influential member, could
support global oil prices by cutting back its own production, but there is little sign it wants to
do this.
There could be two reasons - to try to instil some discipline among fellow Opec oil producers,
and perhaps to put the US's burgeoning shale oil and gas industry under pressure.
Although Saudi Arabia needs oil prices to be around $85 in the longer term, it has deep
pockets with a reserve fund of some $700bn - so can withstand lower prices for some time.
"In terms of production and pricing of oil by Middle East producers, they are beginning to
recognise the challenge of US production," says Robin Mills, Manaar Energy's head of
consulting.
If a period of lower prices were to force some higher cost producers to shut down, then Riyadh
might hope to pick up market share in the longer run.
However, there is also recent history behind Riyadh's unwillingness to cut production. In the
1980s the country did cut production significantly in a bid to boost prices, but it had little
effect and it also badly affected the Saudi economy.
Opec: Not all are equal
Alongside Saudi Arabia, Gulf producers such as the United Arab Emirates and Kuwait have also
amassed considerable foreign currency reserves, which means that they could run deficits for
several years if necessary.
Other Opec members such as Iran, Iraq and Nigeria, with greater domestic budgetary demands
because of their large population sizes in relation to their oil revenues, have less room for
manoeuvre.
They have combined foreign currency reserves of less than $200bn, and are already under
pressure from increased US competition.
Nigeria, which is Africa's biggest oil producer, has seen growth in the rest of its economy but
despite this it remains heavily oil-dependent. Energy sales account for up to 80% of all
government revenue and more than 90% of the country's exports.
The war in Syria and Iraq has also seen Isis, or Islamic State, capturing oil wells. It is
estimated it is making about $3m a day through black market sales - and undercutting market
prices by selling at a significant discount - around $30-60 a barrel.
United States: Fracking boom
"The growth of oil production in North America, particularly in the US, has been staggering,"
says Columbia University's Jason Bordoff.
Speaking to BBC World Service's World Business Report, he said that US oil production levels
were at their highest in almost 30 years.
It has been this growth in US energy production, where gas and oil is extracted from shale
formations using hydraulic fracturing or fracking, that has been one of the main drivers of
lower oil prices.
"Shale has essentially severed the linkage between geopolitical turmoil in the Middle East, and
oil price and equities," says Seth Kleinman, head of energy strategy at Citi.
Even though many US shale oil producers have far higher costs than conventional rivals, many
need to carry on pumping to generate at least some revenue stream to pay off debts and other
costs.
Europe and Asia: Mixed blessings
With Europe's flagging economies characterised by low inflation and weak growth, any benefits
of lower prices would be welcomed by beleaguered governments.
A 10% fall in oil prices should lead to a 0.1% increase in economic output, say some. In
general consumers benefit through lower energy prices, but eventually low oil prices do erode
the conditions that brought them about.
China, which is set to become the largest net importer of oil, should gain from falling prices.
However, lower oil prices won't fully offset the far wider effects of a slowing economy.
Japan imports nearly all of the oil it uses. But lower prices are a mixed blessing because high
energy prices had helped to push inflation higher, which has been a key part of Japanese
Prime Minister Shinzo Abe's growth strategy to combat deflation.
India imports 75% of its oil, and analysts say falling oil prices will ease its current account
deficit. At the same time, the cost of India's fuel subsidies could fall by $2.5bn this year - but
only if oil prices stay low.

source:
www.bbc.com/news/business-29643612

journalism at its peak of stupidity

free2ryhme:
Punch! Why did you stop at giving only the victim's address? You should have also given the whole world her room/apartment #. phone #, banking information and more... Junk journalism!

all these big grammar na settle me grammar