₦airaland Forum

Menclothing1:
And delta and ph city ogun loan is close to lagos so what are the using their load to do

Nothing is wrong with loan that generates money

30 percent of lagosians now use brt and train have its convinient and effective

I just pray there is continuity

did you see the comment I responded to before you made your comment?

how did you arrive at your 30%?

SmartPolician:
No other state in Nigeria can afford to finance that project....only Lagos, Abuja and Akwa Ibom

what if most of the funds Lagos is using are loans?

Ekebest:
How do some people feel that the price of Dangote fuel will automatically dropped? It won't drop for now.
Were you not aware that Dangote bought crude in dollars from some countries? Those stocks are still there and don't forget, it's recently that those in charge of crude, started selling crude to him in Naira. As for now, his stock of imported crude is what he is currently using to produce PMS unless he exhaust them, we can't see the expected drop in fuel prices.
When our government could not build, revitalize or even sell the country's dilapidated refineries to private sectors for more than a decades, why won't Dangote monopolize the market?
If we don't want him to monopolize the market, private sectors should start building their own refineries as well as pressurizing the government to sell out non functional refineries outrightly or to PRIVATIZED them.
Up Dangote....

then what was all the hype about dangote refinery?

ALTERNATEID:
Buhari did not implement any reform. He continued with the wasteful pattern of previous administration and even took it to another level.

Tinubu has departed from that wasteful pattern of spending all we earn plus loans to subsidies PMS and keep the exchange rate low. We are now on a new course and we need to remain consistent to it if we want to see result.

if buhari did not "implement any reform", why is it that tinubu said he will continue from where buhari stopped?

is he continuing from the nothing that you say buhari did?

tinubu once told nigerians that buhari is nigeria's only solution. how come you are now saying that tinubu is correcting buhari's wastefulness?

how can tinubu be correcting what buhari did when buhari was nigeria's ONLY solution?

can you show me data that supports your claim that all Nigeria earned plus loans was used to subsidies PMS and keep the exchange rate low?

if you say "tinubu has departed from that wasteful pattern of spending", how come tinubu spent $150m on a new plane that was not needed?

how come he spent billions buying new cars for his wife and himself at the presidency?

how come he spent N12b on building a new house for the VP?

how come he spent N1b on just a week's trip to Addis Ababa?

how come he spent N244m in one day to purchase new tyres?

How does having the first of anything improve living standards

DeLaRue:
Petrol cabal fighting back.

The old, rickety car in that image probably has its own peculiar problem that caused that problem. It might have nothing to do with the CNG itself.

In any casw, diesel, petrol, and most especially electric vehicles do catch fire/explode from time to time.

Electric cars even catch fire on their own several hours after they are parked.

That has not stopped people from buying those vehicles.

how did "petrol cabal" make the car explode?

ALTERNATEID:
There is a reason the world bank guy said we should stay true to the ongoing reform for at least 15 years.

You guys simplify our economic challenges by thinking just two weeks of decline in PMS import will automatically result in Naira stability. It’s not that quick and easy. We need to remain consistent for at least a year before we can start counting the impact of the forex savings on our local currency. There is no shortcut to any of these things. It takes time and consistency for result to start showing.

what are the "ongoing reforms" you are referring to?

when you employ a staff or a work man to do a job for you, do you expect immediate results for what you employed him for or you will say "There is no shortcut to any of these things. It takes time and consistency for result to start showing"?

tundegan:
This is the true meaning of "game changer".

Dangote refinery will transform the Nigeria economy in ways we never imagined.

how will it transform nigerian economy in ways we never imagined?

where is the cheap fuel from dangote?

where is the crash in the price of dollar dnagote refinery was supped to instigate?

Gazzy88:
Pains for ibos with this news. 😄

Indeed. see the Igbos queueing for bread on lagos Island while tinubu is flexing in France


https://www.youtube.com/watch?v=zYltMapDyIo?si=0-hO0Vt5C9uBxVd1

what difference will input from state houses of assembly in the EFCC act?

Kelklein:
Not just in elections, this is when the Supreme Court should also show itself as a body that stabilises the polity..

Politicians would have a field day stealing this country dry in few months if they judge against the EFCC.

So they should jettison all those constitutional technicalities being bandied around by some very senior lawyers.. though the EFCC may be very partial and over-reaching atimes, they are still the only reason some Governors haven't sold their states yet and kept the money in one Swiss account.

My suggestion is an amendment of the laws governing their operations by the National Assembly.. to make it difficult to be controlled by one man, the President. But we all know this is Nigeria. All those involved should thread carefully on this EFCC issue... it's like saying INEC should be scrapped because the President decides who they announce as winners of election.

are politicians not still stealing without hinderance?

how has EFCC stopped any politician from stealing?

I thought it was BVN and NIN they wanted to use to monitor terrorists kidnappers and bandits?

When will they begin using Angels from heaven?

Anither563:
Nice one. God bless Nigeria for ever!

Was there any time Abuja was closed for business?

Ibela:
Good or bad, the FCT minister is one of President Tinibu's Finest minister when it comes to result

Was there any time Abuja was closed for business?

Golan007:
Most of you talk like dummies.

Where in the world does a government gain by deliberately impoverishing its citizens?

Nigeria

Olamideayomide:
Nigerians patiently waiting for the meeting outcome

which Nigerians?

vanbonattel:
If you believe this meeting will yield any good fruits, then you better start believing that your chickens will give birth to elephants 🐘

does it really make sense making these kind of appointments knowing that his successor will still overturn the appointment?

Ibela:
His assertion is not far from the truth. We haven't done much in agricultural sector in spite the growing food challenge

have you ever gone to market and you didnt see food to buy?

Kobojunkie:
The greatest challenge to Nigeria's development is not food insecurity but corruption that is at the root of the problem of food insecurity.

you are absolutely spot on. add lack of patriotism to that

1x2x3:
Let's assume in 2009, someone purchased 2,000,000 shares at the rate of N2. This will be a total of N4M invested.

In 2024 which is 15 years later, the shares is currently at N11.
2,000,000 share = N22M + those petty dividends they paid.

Looks like a good investment.



Let's look at what who held dollar would have made just by putting N4M into dollars in 2009 when dollar was $150.

4,000,00 ÷ 150 = $26,666

In 2024, $1 = 1650


$26,666 x 1650 = N43, 998,900 (that's roughly twice the amount from shares in that company)


What about who gambled on BTC?

In 2009 bitcoin was $0.10

Just $1,000 would have given you 10,000BTC

In 2024, 10,000BTC = $672,344,400.


Only if we can see the future

which shares were bought for N2 in 2009 and now N11 in 2024?

spinna:
Obasanjo era scam..

I remember in early 2000 when my dad bought 2 tokunboh çars with just his Guinness plc shares.

Now same Guinness has been frustrated out of the country

does the 2000 you are talking about not fall under obasanjo era?

We4all:
Getting married to an African man is like being sentenced to life in prison. Once they pay their peanuts bride price, they think they own their women and can do whatever they want with them. There are still some good men out there, but the bad men overshadow the good ones.

in western countries where they dont pay bride price, why do they have so many broken homes and divorce?

when the man was taking the lady out and buying her fast food, taking her to eateries and movies before marriage, was you expecting it continue after marriage?

JovialJune:
Marriage is not an escape route to anything what exactly is anyone escaping from that isn't happening or present when single?

The best way to face marital life is to expect nothing and hope for the best, and if in a situation whereby one can't cope anymore and one's health is at risk, leave. Marriage is not a do or die affair.

are you saying you entered not expecting anything? not even expecting to have kids?

How will DSS stop an impeachment?

Tayorshd87:
That's why I said d man is not ok mentally

how do you know he is not mentally ok?

Shedrack777:
But I don't believe this story. Because how can he have an erection? I refuse to believe that he actually did this

who now did it if its not the man?

did the man deny that he did it?

saphiere:
Men ad rape

are you speaking from your personal experience as a victim of rape in your family?

YelloweWest:
Yep. Most men think like this. How sad

how do most men think?

what research did you do to know how most men think?

ShogunNoName:
ALl this Iboz that grow up in the southwest learning nonsense . You guys need to be checking your brothers based in the southwest before they keep bringing back horrors like this and human rituals to your region

what has the discussion got to do with tribalism?

cant you have a simple sane discussion without bringing tribalism into it?

iamtoofan:
These Apc govt are just unbelievable, Are humans built for shock,

Even on electric gadget, it is clear written avoid "shock" ...

building a shock resistance simply means you have to torture yourself with shocks and at the end you die cos there is a limit of shock the body can take.
have you seen nepa officiers train using light to shock themselves 🤣🤣 shock absorber

its obvious we have elected dumboos

they have not recovered from buhari shocks

helinues:
Don't ask me dumbo question if you can't read and comprehend

are you saying that this comment you made is a "dumbo" comment?

helinues:
Na so.

The partnership between President Tinubu and VP Shettima is working, even though there might have been some misunderstanding but not to the public.

I have read and I comprehend hence my question.

how is the partnership between President Tinubu and VP Shettima working?

floss:
D only place Libya is better than Nigeria is their unquestioned unity… imagine an entire country united to perpetrate a crime and there’s no
Asslickers and O-Mokri or one Deju or one investigative woke claiming Tits to rat the nation. I must applaud their unity

a country that has 3 different heads of state is united