₦airaland Forum

Nice

Pakele09:
Is it advice able for one to change all this raw naira cash to dollars or euros and keep, rather than keeping raw naira. As the news of devaluation of naira continues to increase. Please i need advice on this. PLEASE

Nigeria isn't breaking up pretty soon. Neither is the Naira. Well. That was pure pun If I were in your place, I'll consider putting the dollars in a dollar dominated investment. This way you appreciate its value, and adding the additional value it gets from the investment, you get two things, the investment profit and the appreciation increase in the event of naira devaluation against the dollar however slight

ojesymsym:
Which storm?
I struggle to follow your logic here. Will government not find it easier to pay this lower rate compared to the 15% previous rates?
That people are still over subscribing suggest that people have not yet found a reliable alternative.
Also, I don't think bond will still be as high as 12%, government have seen that they can get low interest loans, they will pursue it to the end. I expect bonds to play around 8 to 9% for now, could be wrong though.

I choose to stick with both sides of the divide but lean more towards TotoNaRubber comment. Oversubscription has always lead to abuse of resources, unless there's an abundance of mega projects which there are, but then the readiness to receive them. We discussed on these issues at length last year when we we're yapping about the dropping tbills rates. It doesn't makes complete sense to me if tbill rates are killed, but then we need more funds and head for more funds though, with crazily low returns. The government needs to be resolute about what it wants and channel incentives towards its objectives. In the current dilly dallying between the need for funds, lowering rates, seeking mega loans and trying to boost the economy, there's a clear lack of well defined structure and pathway towards any blueprint that's if any exists.


This is pure voodoo economics bro, kick and follow. Anywhere belle face

TotoNaRubber:
People are still over subscribing, look at the 91 days bills with over subscription of 10 times even at last stop rate of 3 percent.

I read today the Naija govt plans to raise N510 billion and issue a bond this January on a 5 year period at 12 percent, I believe that will be a better offer compared to these TBills 6 percent. On the contrary, a huge storm is coming, one way or the other the govt. may find it difficult with repayments, the Naija govt. spending is out of control, the economic solution for the ministers instigated by the former UK based Finance minster is to "Borrow borrow and borrow", by the time subscription reduces drastically for certain investment then the previous investors who are supposed to be paid with money from new investors need to start worrying about their money, it will then be a legal MMM.

Once an investment stops attracting new investors, then there is need to worry but for now there seem to be lots of investors chasing Tbills even at the low rates, let us keep our eyes open.

I laughed reading this. My exact thoughts Trust Nigerian to overflog and destroy things when they discover its benefits

Lol stop chasing sponsors. My belle o

Pistotita:
You have not broken the code. Almost all kinds of apple will germinate in Nigeroa. You are on a long journey. It is when you start harvesting you can say you break it. Then, you improve on the quality of fruits. It does not make sense producing sour or deformed fruits. Again, you need to tackle pests and birds challenges. Amd many other hurdles. Please, do not mind that post above me. No one is producimg apple in commercial scale yet in Nigeria. Do not be deceived..almost all apple projects are not yet commercial. And do not let anyone deceive you with one kind of cultivar like that from Kenya. Apple can be grown, yes, of course. But it has not yet been perfected or commercialized. Do not let these fake consultants deceive you oooo. Na so dem dey synchronize posts till one "maga" falls into their net. You can get seedlings of likely cultivars which can produce well. And test on max of 1 acre to1 ha. Even 10 ha is not commercial. Ok? But that cash for 1 acre, if you calculate the cost...hehhehe....ot ia out of reach of many. So, it is why they call it commercial. Consultants are funny. When they are not farmers. Just synchronizing here and there. Run away from this guy above me oooo if you love yourself.

Shallom!

When will you let me be


Psalmy2cute

LoFarms

Atlanticfire

Agropreneur

Khia

Khiaa

Uboma

Olumide3367



Have I picked on Pistotita here again with his smear campaigns and blackmails employing libel to discredit other people's view on issues to promote his agenda in his typical. Mentally ill way


Once I make any comment of other individuals this guy comes to smear my reputation calling me a thief and I want to dupe people as a consultant. Guys before this mentally ill dude came to this section of the forum, was the agric forum not a place of free exchange of ideas


Why is it that I can't have my peace without being troubled by this mentally sick dude


Why can't some people leave other people to express their free will. Without being harassed.


Pavore9 you have been overlooking this issue for way too much. When would you do your job as a mod and deal. With this cyberbullying/smearing and character assassination executed by Pistotita... When?



Shall we continue to embrace the pull the other individual. Down to push ourselves up in just ordinary free. Forum where there isn't a declared superiority battle. Check and reply o. Psalmy2cute LoFarms Atlanticfire Agroprenuer Pavore9. Since when did libel become a veritable business tool that some individuals won't allow others have their sanity and conduct themselves without being harassed

chigoizie7:
Baba, there are so many homeless Americans, who do not have money, no homes, no marriages yet they have none of these marks. What will you say is the cause of their own poverty in life?

I have some marks on me too. I bet that you are not better than I am financially.

Though this is petty. On a financial scale, forget it bro.

Yes nau. Some guys are already cultivating it in commercial scales

khiaa:
Maybe they can't get married simply because nobody see them as marriage worthy.

Lol. Trust me dear, I tried to engage one for marriage and I have personal knowledge about their private lives. These are amazingly gorgeous queen's. Because my practice has availed me the opportunity to work on personal basis with ministers I've seen many of such cases on first hand basis and how dire some are and issues in between. I don't speak on life issues I don't have first hand experiences on. Never.

khiaa:
I can't believe you guys still believe in this superstitious stuff in 2020.

Trust me. People don't until settlement time hits. I have three Canadian/Nigerian half castles for exple who are presenting going through hell in their own settlement issues. No matter what they do they can't marry, no matter who comes the relationship always falls apart before marriage. Infact I know at least 6 ladies in this same issue. Payment time for deeds done 15/20years back