₦airaland Forum

MT:
While i wont dismiss what you wrote because like I said , it's not my turf, but your submission raises more questions than it answers. Are you implying that the entire world financial institutions and regulatory bodies have accepted that the US could just print money arbitrarily to save her economy anytime there is a crisis just because the dollars is the defacto global currency. If this is acceptable, then there is no need for the US to want to industrialise the country as they can just snap their fingers and ask the central bank to print more dollars. Infact they should not be in competition with China as they can easily print more dollars. Please I will like you or any other economists here to shed more lights. Thanks for your contributions as I just want to learn something very new.

The US don't just snap their fingers and ask the central bank to print dollars.... Google quantitative easing and try to understand for your self

MT:
I really need to know as this is not my turf. Why does the the US get away with printing more dollars to save her economy?. Do the laws of micro economic not applicable to US in this case? . Please I will need to be genuinely educated in this area.

Is your Naira the world reserved currency?

rusher14:
The word was not invented this year but It was further truggered as soon as the effect of Coronavirus began to take its toll on the economy.

Funny enough, the rest of the world would be printing money too.
How much quantitative easing have we done in the UK?

Following the programme of QE announced in March 2020, our purchases of government bonds will total £645 billion.

Rounds of QE have been announced in response to the economic conditions at the time. This graphic shows how bond purchases have built up over the years:




So do we keep our currency at same level whilst the rest of the world "prospers"?


Many of you like to argue just for the sake of it.

I did not argue with you o....of course you are more intelligent than the CBN governor so who am I to argue with you

rusher14:
Why is it that the badly educated are the first to air their opinion on issues beyond their comprehension on this forum?

America has implemented quantitative easing- printing of more dollars to absorb the effect of Coronavirus on their economy.

If the US can do that, and Nigeria itself bases a lot of its commodities on the value of the dollar, why shouldn't we print more Naira representative of the volume printed of the dollar?

Quantitative easing was not introduced to absorb the effect of coronavirus on their economy....If you are just hearing of quantitative easing this year then you should Google and get more information. Have you ask yourself the simple question if it was that easy to just print money as you like why are African countries borrowing money and not just print? Or you think tinubu at 68 is wiser than them all right?

lajid:
That is why you need to start acting it. The panic going around is even more deadly than the virus itself. Even job in the bible said "what I feared has come upon me".

Fear corona virus and likely you will be afflicted.

Mind you, fear is not bad, it is when we harbour it and live in it that make it bad.

There is difference between Giving out information and telling ppl about taking precaution and also preventing the spread of the virus and panic. The information is not to create panic but to create awareness so we should stop interpreting it as panic

lajid:
Yes, it has ended. We live not by what we see or see but by faith.

Yet faith without works is dead

kikero:
So vote in the right leaders, or run for office yourself.

We have been complaining about how they would chop our money for years, without doing anything about it.

You sound so naive. The problem of Nigeria goes beyond voting. First the system of voting is designed to fail so your vote at the moment doesn't really count except of course you have to put a proper electronic system for voting. Secondly you have a large number of illiterate and poor population....lol that will vote for just a cup of rice or 1000 naira so those ppl will vote the leader that spends more and automatically that leader will have to recoup the funds invested. As a country what we need is just a system that checks and balances. Do you know by the single act of BVN it solves the issue of identity theft. Do you know by having an automated clocking machine your workers automatically know they have to come early to office. Do you know by having a proper electronic voting system that you can make your wrong leaders become right? Do you know by introducing a system that checks and balances your wrong leaders will automatically become probably right leaders. We have to rewrite our Constitution and our laws to address the 21st century challenges... So my friend the issue is not about voting the right leaders or me running for office...I hope you understand

kikero:
Yes, but when they ask you Nigerians to pay the amount of money in taxes needed to pay to clean the city, you people will complain that they want to chop your money.

British cities are very clean. The average Brit pays council taxes of at least 120 pounds...54,900 naira monthly...which pays for cleaning facilities.

Edo state has a budget of 470million dollars for this year. Pennsylvania, USA is spending 78 billion dollars this year. And you expect Pennsylvania and Canada level cleanliness from 470million dollars.??

how can you pay taxes when every 4 years you hear they budget millions to buy cars for themselves? You are converting the currency as if the cost of renting a house in US or UK is same as EDO state...Stop supporting rubbish

ayatt:
With all the money you have? #1billion is too small abeg.

Idiot

[quote author= post=87814099]Do not say negative things against men of God please.

It is very dangerous.

God told us in the Holy Book to leave his servants to him till the day of judgement, it is not in believers place to do so.

That is if you are a Christian tho.


We don't know if youths of nowadays ever sit down and plan to make 
their lives meaningful. 
All they are looking for is to say trash against men of God.
What many of you don't know is that you keep shutting doors against your self and your future when you say bs against God's servants.

Just because you have a phone do not give you the right to come online to comment on things you don't understand and say different kinda trash.

Well, we will continue to remember you in our prayers.
We will never condemn you.
We will always correct you with love,
So the Holy Book commanded us to do.
We just pray God have mercy on this generation. 

See dem screaming #DemMANNA don come again o.
Truth will always be bitter!


Your moniker says all about you.
No further comment


We respect your view and opinion on this sis.
It is well.[/quote]Tell that to Jesus afterall when he came he told us that those scribes and Pharisees are not doing the work of his father...lol. At least he didn't leave it to God

helinues:
Why should I give to church when there are obviously people around me who deserved the help..

Bible said love your neighbor as yourself but you sheepish love church more than your neighbor.

Hahahahah

don't waste your time on Nigerian Christians majority of them are just clowns....They will never assist a neighbor but willing to donate 1 million in church... useless set of ppl

millomaniac:
Mumu don't go and huzzle. Continue dashing betting companies money you don't even have. When you finish come to nairaland and look for who to lay your frustrations on. Is it me that cut your ticket?

Is it your money? Idiot

doffman:
Must you abuse someone before your talk. I think you have problem .

I no insult you o I only ask question

doffman:
What of those Nigerians without BVN ?

You come up with a suggestion for those without BVN abi your head na block head?

Donte2845:
Who could have come up with this thread at this time we have to contain Wit a deadly corona virus. I expect to see things on efforts so far interns of tracing contacts, how pple obeyed lawful government directives, finding cure, etc and not this sponsored cheap write up to illicit negatives reactions.

Is the news false?

edoairways:
Yes we don't, when a Nigerian discover a solution to a problem we tend to shun him

why?

edoairways:
What do you mean?

You said we don't value our own

edoairways:
We don't value our own. That research institute had been there but greed and corruption wouldn't let it function well

how can you value greed and corruption?

quentin06:
stop deceiving yourself, who pays the customers that patronize you?

yeye.

Don't mind the idiot...Even entrepreneurs will suffer some will even fold up and wish they have salaries because of this virus...I pray it ends soon

GloShare:
A country does not have the legal rights to shut its borders against it's own citizens.

It's called the RIGHT OF RETURN.

Make we no dey talk ignorant talks.

A country does not have right to also quarantine returnees too right? You stop to dey talk ignorant talk abi you no read wetin the guy post?

PrimadonnaO:
I’m not going to retort and say harsh things because I think I know you personally.

But what has necessitated your statements? Explain, please. If not, you’ve reacted very unintelligently. I simply said I refuse to panic or act in frenzy .

I responded to "what is the fuss" statement. Sorry for the harsh statement but I just gave and instance about having capacity to handle 50 million patients if there is an outbreak....we have to take it seriously cos over 4000 ppl have died from this virus in Italy alone

colestephan86:
When Some low lifes will call this man an illiterate, I just laff.
What have their fathers who are professors done with their lifes.

Yes he is slow, but he is ten thousand times ten thousand times better than GEJ, in decision making and leadership.

For you to say this it means you have zero if what decision making is all about...just keep fooling your self

mvem:
what he says is still right...how has Atiku son getting it makes it wrong that Covid-19 mortality rate is between 1-2% which is factual

So do you have hospitals to attend to 50 million cases? Or do you think if you catch the virus and sit at home without any medical attention you will still have 1-2% mortality rate? Too many educated illiterate in this country

swintiney:
My brother, people have still not been able to understand what is happening. A virus that China has still not contained up until today, our leaders will soon understand the impact of opening up out borders to this ugly pandemic very soon. Even first world countries cannot contain it, I really don't know who we were trying to please by allowing people mix up with the populace as soon as they landed.

It is very clear that majority of our leaders do not know what is happening outside the country... They don't have time to watch CNN or other news outlet. The only thing they think about is 2023

PrimadonnaO:
I'm living in fantasyland. I'm one of those people who have refused to take this virus seriously. I'll observe precautionary measures, but without frenzy.

And I see people recovering more than they are dying. So what's the fuss?

Is it that you ppl choose to be so dumb or what? Can you handle the spread of this virus? The virus is highly contagious and can be easily transferred... Do you have a hospital to treat 50 million ppl simultaneously? Please dumb ppl should stop commenting on sensitive topic

wolfenstein:
Let's be true to ourselves, have you guys seen just 1 person interviewed that is quarantined? All we see is numbers. Since there was money involved, cases started going up in Nigeria........


I LOVE MY COUNTRY

I hope you catch the virus so you will be the one victim quarantined that we will interview... idiot

LordAzubuike:
False news. The media is just interested in causing panic and justifying the government actions of shutting down everything.

I hope you catch the virus so you will understand better

Skepticus:
What's your aim with all these bullshît you always type here.

Don't mind the idiot....she thinks she is more intelligent than the entire world...

Yenefer:
This what we supposed to focus on. millions of Nigerians died due to road accident, malaria, Boko Haram, herdsmen, kidnappers, cultism etc but we focus on a virus that doesn't have community spread in Nigeria only index cases

Shut up...so we should focus on reckless driving.....You are sounding foolish on a constant basis.
In your small head you think you know more than the entire world

Yenefer:
This whole coronahoax is just a test run to see what they can get away with. Judging by the peoples reactions so far....the deep state has us by the short and curlies. And they know it.

ever heard of H1N1. It was 100 times worse and no one noticed. This virus is real but the severity of the situation has been blown way out of proportion for political reasons. The constitution was too much trouble and needed to be scrapped. They have succeeded.

Crazy world we are living in right now. Almost makes you wonder if something else isn’t brewing while everyone is preoccupied with this Coronavirus. �

That is precisely what all of us should be thinking. Coronavirus isn't what it seems; the timing is too convenient and the numbers don't wash. Follow the timeline, the locations, places most affected, and you'll start to see the picture. Some of it is connected to the Epstein/Weinstein/Clinton/Winfrey (YES! WINFREY) sex-trafficking ring. Weinstein was recently sentenced to 55 years for perving on CONSENTING women and his sentence was reduced to 23 years as the result of a plea deal. Following his sentencing, several billionaire CEO's have resigned and multiple celebrities and politicians have suddenly "contracted the virus." There will be more resignations, more sudden (and convenient) celebrity/politician infections in an effort to save face. 600 people were recently arrested in a sex trafficking/corruption investigation that has spanned nearly 20 years. On the other side of the coin, the data doesn't add up. We have no way to confirm the number of infections and deaths the media is reporting. Just as China has completely manufactured the nature of the virus and their recovery, the government and media are deliberately fabricating the number of infections and deaths to push for a "vaccine" that will actually cause more sickness and death than their supposed virus (which wasn't a virus). Understand this: the vaccine is the actual goal, not curbing the virus. The media is deliberately strewing the data and drumming up public hysteria to push this goal forward. Do some research on 5G frequencies and their effect on the human body, and you'll see China's "virus." Wake up, people. We are witnessing one of the largest scale False Flag psy-ops we've seen in decades. More than 50,000 die from influenza each year and the media is completely silent yet, the entire nation is facing imminent lockdown and the media is pimping hysteria non-stop over a virus with a 98% recovery rate, with zero evidence to support their data. If you're not smelling something fishy by now, you need your heads examined. Stop listening to the media. Turn off your tv, put down the phone, and stop falling for the lie we're being fed. It's NOT a pandemic!

Wait till you die from it......

NLReposter:
Ban started on friday, flight came in on wednesday

why wait this long before acting? This Government is the worst set of government in the history of Nigeria

voltron14:
Not true.

You cannot quarantine all incoming travelers.

The best you can do is request they self-isolate and institute a fine should they be found outside.

No country would quarantine thousands of incoming visitors - none.

Yoi either close your borders or suggest self-isolation.

You only quarantine confirmed cases.

Why would a government wait till now before acting? Is it that they have not been watching news media around the world? Countries with better resources are struggling to contain the spread and they are even budgeting trillion of dollars to give as free money to citizens to alleviate their plight.
A reasonable government should have acted earlier not wait till march 23 before closing the airport.