₦airaland Forum

obailala:
Falling oil prices started in mid-2014:
A moving car runs out of fuel at Point A does not mean it wouldn't move on inertia for a little longer before it eventually decelerates to a halt. Also, if you cut the tap root of a tree today, it takes at least a couple of days before the leaves begin to wither and fall off. That the leaves fall off today does not mean the problem started today. You don't need formal education to know this, all you need is common sense.

NOI warned Nigerians to brace up for recession as early as December 2014 when oil still even sold for up to $75/barrel; I dont need to remind you that oil prices continued crashing steadily till it got to $30.

As at May 2015, oil sold for about $65 but by then, Naira had crashed from N160 to N230, GDP growth rate crashed progressively from 6-7% to 2.3% as at the period. In February 2015 the FG borrowed up to $2billion to pay workers' salaries, FG could not pay subsidy arrears for up to 8 months leading to a massive fuel scarcity as at May 2015 and within 6 months between November and May 2015, Nigeria's forex reserves fell sharply by $10bn from $38bn to $28bn. All these things happening when oil still sold above $65 and it was a sign of a colossal economic nosedive which continued after handover to Buhari because the root cause which was falling oil prices continued unabated. Apparently, only a simple-minded simpleton would attribute the eventual manifestation of the problems to Buhari's emergence.

You claim you do not still understand why garri prices are up?... When fuel prices go up, why does it lead to an increase in price of every commodity in the market, including even the fees of love-peddlers?... If you can articulate the answer to this question, then you wouldn't be exposing more of your ignorance by asking how or why a low oil price related Naira devaluation and recession leads to an inflation in price of every commodity including garri.

a typical student from Lai Mohhamed's school of thought!
like I said earlier, I don't think I have strengths for this Buhari of a man issues cause he's taking this nation far aback. even his die-hard followers like Pat Utomi, Dele Momodu etc have started questioning his disastrous, medieval and poverty inflicting policies!
what do you really need to convince you that Buhari lacks wisdom and leadership charisma to pilot this nation to a greater height?
the Buhari who can't even provide his certificate to prove his doubters wrong he's the person you want to vouch for! seriously?
Buhari is a fraud!

obailala:
The primary reason behind the economic downturn is the low price of oil. I did not imply in any way that it was corruption because even with the high corruption of the past 6 years, the economy was buoyant because of the high oil prices. Oh yes! this excuse of oil price may have been overused, you may choose to agree or not, but that doesn't stop it from being the hard fact that it is. Nigeria is a mono-economy nation which sells only oil as its primary source of forex. The price of oil goes down, the economy of Nigeria goes down, period!... You are free to keep blaming Buhari, oh yes he was voted in to change things; but like I said, I am patiently waiting to see what he can do because I understand the dynamics of things and I'm aware of the real cause of the present hardship.

Did you just ask what the price of garri and other essential commodities has to do with oil price?.... Let me just assume you have an idea of the link between the drop in oil price and the drop in value of the Naira? With the falling value of the Naira, there is bound to be inflation because Nigeria imports even the most basic items like toothpicks and when there is inflation, even the price of pure water has gone up. Even pure water manufacturers have to import the polyethene which they use to package the water you drink, higher cost of purchasing forex to acquire these raw materials means higher cost of their eventual products. I don't need to remind you that they also use fuel to run their generators and the fuel is imported with forex.

As for the power crisis, once again whether you choose to agree or not, the hard fact remains that the main reason power supply has been so bad since 2016 is because the campaign to sabotage power supply by cutting gas supply kicked into a very serious gear since 2016 January. Do you have an idea of how many times gas pipelines taking gas to power stations have been blown-up within the last 6 months?
http://www.vanguardngr.com/2016/01/gas-pipeline-bombing-we-are-closing-in-on-perpetrators-jtf-commander/

keep shooting your feets just to exonerate Buhari from this mess!
falling of oil price started as far as earlier part of 2014, yet prices of products were relatively low. But the moment their demigod was sworn in-prices of everything became something else. we started hearing things like: the president can not do anything, because oil price is down. while the same people went as far as making insane claims that GEJ was the course of the oil price drop.
bro, have you ever been to where garri is being processed? course if you had been you wouldn't have used garri as a reference.
despite all his somersaulting policies and lopsided appointments, you still can't see the bigger picture that this man is a disease! a man that is transparently and clearly leading this country into a "ruination".
Abeg, if u get other things to chat outside this PMB I am open to, especially foreign movies. I don tire to dey talk about Buhari matter, cuz him no know how I dey use get mb. just like him cohort say earlier today: that people are dying and he need to act fast - Oby E.

how can I subscribe to this airtel 1k for 3gs with my Z10? please I need genuine answer.
thanks.

obailala:
Youu still have not said anything, you are simply just ranting like a child deprived of akara balls; it is obvious you are simply pained about the existence of people who actually support Buhari. But bro, this is a free world, you cannot expect everyone to like what you like.

There is hardship in the country today no doubts, but it is not enough to kill my support for buhari because I know too well that most of it has nothing to do with buhari. A nation which could not be diversified when there was plenty, and the only commodity it sells becomes almost valueless today, it doesn't take more than common sense to know that the hardship faced today is inevitable, but you are free to keep blaming buhari for being the 'dullard' who could not diversify the economy under 12 months.

Another example is Fashola the minister of power, I would not be stupid enough to judge his performance or capabilities based on the present darkness we face. I can clearly see the reason behind the darkness, disgruntled political elements go on a rampage blowing up power infrastructure around the country in the full glare of all; anyone who expects me to judge Fashola's performance as a power minister based on that must be a compound joker.

But then, just like I mentioned earlier, it is a free world, I have my choices, you have yours. Feel free to be intolerant by labelling me a zombie for having my own preferences and opinions.

bro, stop being myopic! when did this unbearable off and on power issue became so worst? and when did Avengers started blowing up pipelines? this is one of many reasons I tagged you guys "pro-buhari supporters".
Ignorance is not an excuse o hope you know.
you said about not attributing any blame to Buhari because the country has already been looted dry, right? not exactly your words, but, literally you meant something like that.
now I will ask you a question.... Did Nigeria become a country 16yrs ( especially the last 6yrs) ago?
has Buhari never ruled this country before?
what and what effort did he put to try and diversify our mono-economy?
Was the same Buhari not a part and parcel of the late Abacha's regime? which till date, looted funds running into billions of dollars are still being returned?
Wasn't this same Buhari who denied ( still even denying) that Abacha, the grand master of corruption didn't steal, but he illegally ( hypocrite) took funds?
even if they were lootings in the previous administrations ( GEJ specifically), did they also loot the prices of essential commodities, like garri and Co's to sky rocket?
despite their massive loots, like hailing hailers will say-did that make it difficult for us to have 2square meals at least, unlike now that majority of people can't even afford 1square meal again?
My bro, Buhari is a gigantic failure that can't be quantified. period!

obailala:
Sorry for your pain, but what does this your rant have to do with the topic or the question I asked?

the problem with must pro-Buhari supporters is; they always want to try hard to be diplomatic whenever Buhari's credibility to perform or whenever his integrity is being questions, but furiously attacked like a rabid dog if it were to be GEJ
I hope ve answered u! or unless you want me to answer you like a hailing hailers or zombies would do!
thanks.

obailala:
I challenge you to prove you have even the slightest iota of intelligence by pointing out where or how I sweet-mouthed Buhari's administration in my post?

Any slightly intelligent person should know that this issue shouldn't be made a buhari vs gej political case because whilst anyone blames the sack of 400 workers on a choice of buhari, under the alternative (GEJ), the same bank sacked over 1000 just last year. My post was simply to expose this particular folly of the shallow thinking simpletons who tried to mock workers who just lost their jobs on the basis of their 'possible' political choice.

Buhari is a scammer especially that his wife.
when GEJ was being criticized nobody brought up either issues of late Yar' adua or OBJ so stop bring GEJ into this matter.
GMB is a colossal failure. a mess that has polluted and zombified majority of Nigeria without reasoning before they come to His defense.
Just take a look at our present power issues....no difference from those 80's and 90's

obailala:
April 2015, under the 'transformation' train, Diamond bank sacked over 1000 workers. Excerpts of the report below:

http://www.pmnewsnigeria.com/2015/04/14/mass-sack-at-diamond-bank/

I'm sure up to half of those 1000 workers sacked in the first week of April last year voted for TRANSFORMATION. If I must reason like a mumu, then I would say they totally deserved the instant transformation to joblessness. But fortunately, I'm not a mumu like so many on this forum, so I will simply wish the affected staff the best, wish for an end to the economic downturn in the country which started since mid-2014, and call on the government and labour unions to seriously look into the case of their severance packages.

stop sweet mouthing this catastrophically Buhari administration- His harsh and somersaulting policies that are dragging Nigeria 30yrs back!
Zombie go always remain Zombie no matter what!

I prayed these sacked employees are from South West

to "mama" this one go make sense die Oh!

Devil go punish people like Wolf Soyinka, Keyamo and Ameachi! especially the first name mentioned for deceiving those gullible southerners to vote for this "Psychopath president".

that cash was gotten through savings, just like Buratai did too!
hailing hailers want us to demonize Fayose, but praise Burantashi for being a prudent and eloquent custodian of his cash.
delusional and psychopath Hypocrites!

how sure are you? cuz have tried it and it didn't work

holaralph:
If they like they should stop if they like they should continue bombing, their own man was their for over 5years he did nothing but he encouraged plethora corruptions, many things went wrong during his administration His party RULED US FOR 16 bad years with high price on crude oil and good profits yet PDP did nothing for 16years, Dollar isn't our currency they shared billions upon billions of Dollars for 16years at the federal level. Now that the negative impact is hunting us all we have to bear it a bit.......... Some people as been there for 16years now that other people are there let's give them small time to see what they can achieve......... The complexity of Nigeria is the major problem also........ We all know that All political parties Are thief but for 8 years in my state of origin PDP was there pdp did nothing, acn came on board it transformed my state within 4 years, the same thing for my state of residence and other states start waking up a small small yet they can never match up, those are part of the things people saw before changing their minds against Pdp........ We gave PDP 16years and we want APC to rebuild within months it means many people here on Nairaland are product of extreme corruption and Evil. Let's be realistic Can You and I rebuild just 20 storey building withing a year............. Unrealistic and corruption minded youths are too much on Nairaland

now, who and who is in this APC? are they not the same guys you blamed of destroying your beloved state!
my bro, hypocrisy is was than EBOLA, hope you know....

propaganda at the highest order! no right thinking youths from ND will go out and protest! those are APC paid miscreants!
they didn't protest when pms was hike to #200+; they didn't protest when Maritime University was cancelled: they didn't protest when essential commodities like foodstuffs prices were flying in the sky like superman; they didn't protest when Buhari and his cronies codedly employed their relatives into juicy agencies jobs; and even they haven't protest as Buhari keeps filling his cabinet with a lopsided appointment! But they are protesting for NDA to stop attacking oil pipelines.....taaaarh! Na big lie be this one! APC and their occultic and devilish ways!
Ameachi and Oshiomolee at work....

Collinz2:
dont get me wrong i did not say i watch marvel movies twice beford i understand em, i understand all marvel movies i've watched. I said some movies, i watch em twice before i understand it fully.

but you were referencing it with Marvel movies.

Steven Spielberg is the most overrated director on earth. James Cameron and Peter Jackson are the best, but my preferred director is Zack Snyder cause of his stylistic, somber, virtually and use of symbolism in his movies. Infact, I love him because he's a niche director.

Collinz2:
maybe thats how u see it, i watched some movie twice b4 i understand it fully.

if you need to watch Marvel movies twice before you could be able to understand their message, then I think you have issues with understanding.
Marvel movies are self-explanatory. simply and often, shallow story lines..

how much for a 3D glass?

kayfra:
I'm sure you also blame Buhari when you can't perform in bed.

just like how all zombies blamed GEJ too! so free the guy to pass blame or transfer aggression the way it suits him!!!
Hypocrite like you!

I would be like...wtf! Young Justice 3? I can't wait longer; please they should hurry up! we can't stop fantasizing on when or if we'll ever see Young Justice again

yeah it was ok. I love the choreographic when they are fighting, but what I missed so much from the old version is the music theme-how Voltron is being formed.....lets form Voltron force!........
Perhaps in general note, this version is as intriguing and interesting as the old one!

olisafincy:
Randy was superb in BeastOfNoNation, I see as more talented than Ago.

Hmmmmm! really?
for me...nope! Agu was a masterpiece! Randy was also awesome!

Davidolives:
how does the commander look

OK!...... OK SIR!

hope this Buhari Govt would give us a transparency briefing on how the fine funds are being expended?
steady taxing and fining, yet they only keep telling us: "oil price is down so we can not fund anything now!

Collinz2:
seriously iron man 2 is bad and even thor? Gosh, just say u like captain america.

nope! not really I liked Cap. I am a DC fan, a diehard Superman fan and I also like Shazam.
I liked Bucky (the Winter Soldier) even more than Captain America.

vinelli:
r u kidding me?? Winter soldier ke I would take any Iron man movie(1,2 or 3) over winter soldier

bro, u may prefer iron man 1,2 n 3 over winter soldier, but the truth there is; Winter Soldier is still the best Marvel movie.
is not like any other thing Marvel has given us.
Iron man 1 was fantastic, but 2 n 3-especially 2 was the worst with thor 1 n 2; Captain America 1; n incredible Hulk.

mast555:
try it....it works

screen shot?

wonderful gesture there!
but when will ""Oga at the top" (Buhari) relinquish his? since he presented a false document and he's still using it to rule people like Wole Soyinka and Femi Falana.....

which states have they covered? I would like to know if Bayelsa is among.
thanks!

obiak4:
Agu you have to be promising me not to tell the others

YES SIR!!!