₦airaland Forum

I stand with the slap 100%

What else do we expect... The dullard is their grand patron

PassingShot:
Please try to make sense if only once in your entire NL life. Na beg I dey beg you.

You are a zombie personified!

Your autopilot brain has reached its max hence resulting to insult.

chaloner:
whats the name of your company?

You de mind the zombie

GudluckIBB:
Why not get ur facts right before commenting?

Market closed for the easter break positively with over 50 billion naira and it was as a result of the monetary policy.I'm a trader on the floor and for the past one month, my company has realised over 80 million naira profit. What will you call that,?


The earlier we allow foreign investors leave, the better for us.

Pls always get understanding next time before you comment so that you don't sound stupid

So if foreign investors leave, it will be better for us?

My friend tell us you are one of the touts in Surulere and stop telling us u ar a trader on the floor of my ass

Can anything good come out of this skull below?
The answer is NO

Foreign investors withdrew a total of N31.84 billion from the country last month as they continue to sell their interest in the Nigerian Stock Exchange, NSE.

According to a data from the NSE, foreign outflows during the period increased by 20.79 per cent from N26.36 billion in January 2016 to N31.84 billion, consistent with the trend in 2015.

On the contrary, foreign inflows decreased by 35.68 per cent from N17.01 billion in January 2016 to N10.94 billion in February 2016.

Year-to-date, the total foreign investment outflow from the market stood at N58.20 billion, representing an increase of over N27.95 billion inflow within the same period.

Meanwhile, analysts at Ezcellon Capital have said that the decision by the Monetary Policy Committee of the Central Bank of Nigeria, CBN, to increase the benchmark rate from 11 per cent to 12 per cent and hike the Cash Reserve Ratio, CRR, for banks to 22.5 per cent from 20 per cent would not have anticipated impact in increasing foreign investment inflow into the country.

They observed that except a proper guidance was provided on the nation’s foreign exchange policy guidelines, investors would continue their “wait and look” stance on the Nigerian economy.

http://www.vanguardngr.com/2016/03/foreign-investors-withdrew-n31-84bn-stock-market-feb-nse/

Rilwayne001:
shut up there! PDP is dead and has been buried.. Now go back to your shell..

You ar kid, ask Ameachi

Biafra is an ideology... You can not kill it

And they keep saying that Boko Haram is not holding any territory in Nigeria

Question: Is Kala Balge in Syria?

This govt is callous and inhuman

May God bless you my dear

Children of demons and lies will soon come for your head

Lalasticlala

Pls this is a very serious matter

And they keep saying that Boko Haram is not holding any territory in Nigeria


Question: Is Kala Balge in Syria?


This govt is callous and inhuman

ozoigbondu:
Useless headline there is no place GEJ was mentioned

Seun et al, this thread is dead on arrival. It is fraudulent

Pidggin:
55 years after independence we are still battling with this issue, when will we get it right

Pls help us ask Osinbajo and Fashola. They told us before election that power generation is not a rocket science. But now even the "little" generated by GEJ they can not maintain it

I could remember vividly how the duo of Fashola and Osinbajo were "mouth wetting" during campaign periods that power generation is not a rocket science.

One would think that these men have the master plan to give us 24 hours power supply ones elected; but Lo & behold, reverse is the case.

The "power supply is not a rocket science" chant was all in an attempt to paint GEJ as clueless and confused before the masses; but down inside them they know quite well that they do not have the solution to our epileptic power supply.

To them now they have succeeded in rooting GEJ out by scamming the populace and they will be calling themselves great politicians. Hmmm, they forget two things - God & karma. We shall see what becomes of APC at the end of it all

As if to call the bluff of President Muhammadu Buhari’s pronouncement to generate 10,000 megawatts, MW, by 2019, output from the generating plants dropped to as low as 2,841MW by mid-day, yesterday.

Data from the Nigerian Systems Operations Department of the Transmission Company of Nigeria, TCN, website, www.nsong.org , indicated that the situation had gone even worse with generation dropping again to 2,841.90MW as at 12:42pm, yesterday.

The President’s declaration, Tuesday has attracted a lot of scepticisms from various stakeholders, who argued that it was a mission impossible given the current state of the Nigerian power sector, which is characterised by weak and obsolete system.

They noted further that 10,000MW was not a new power target, considering that former President Olusegun Obasanjo had also touted the same capacity target for 2010, which never came to pass till date.
Specifically, they argued that 2019 was exit period of the current administration and, therefore, the President would not be held responsible in the event of failure to achieve the 10,000MW.
They added that to achieve the set target by 2019, will mean generating at least 3,333MW every year over the next three years.

The challenges in doing this, they noted, include the weak transmission network, which cannot wheel that amount of power, given that the much talked about transmission grid has not been constructed.

The transmission system in Nigeria comprises 330 KV and 132 KV circuits and substations and the highest maximum daily energy wheeled nationwide was the one-off 109,372MWH, which was attained when generation output hit a record 5,074MW on February 2, 2016.

Also, except new capacities come on stream, all the existing power plants in Nigeria cannot generate 10,000MW, while the 11 existing distribution companies, DISCOs, cannot accommodate the 10,000MW due to weak tools and equipment.

Although the Systems Operations did not give any reasons for the drastic drop, or which plant generated what, it, however, indicated that the 1,580.6MW were distributed to the 11 electricity Distribution Companies, DISCOs, as follows:
Ikeja - 426.29 MW; Abuja - 326.82 MW; Eko - 312.61 MW; Benin - 255.77 MW; Enugu - 255.77 MW; Ibadan - 369.45 MW; Jos - 156.30 MW; Kano - 227.35MW; Kaduna -227.35 MW; Port Harcourt - 184.72 MW; and Yola - 99.47 MW.

Accordingly, analysts argued that except a miracle happens, the 10,000MW target will remain a mirage.

http://www.vanguardngr.com/2016/03/power-generation-drops-2841mw/

Who apology help
Bloop sucking demons

noblegrex:
which made you the dullest and your likes. But if he's so dull like you claim,then how come he's YOUR president and you and your pop man that are so smart are still at home.I'm confused.

Sorry I don't talk with confused clowns like u

noblegrex:
how OLD are you. Cos its so obvious you don't know what you're saying... People just talk and you follow them like dundee United. Thank yourself you're not alone in the land of IDIOTS.

Buhari is a dullard

ElCapone:
I AM PROUDLY A ZOMBIE.

Eyaa.. sorry o

lekkipropertyy:
Your English so awful, I think you're the dullard here.. check yourself before insulting others.

Buhari is a certified failed dullard
I invented that word for him

xager:
How do I become a wailer please?

Sorry no more form... Obj took the last one for him and his numerous boys

gateleo:
We know people like you always want PMB gov to fail.... But God pass you people, no matter your negative views and bad comments, Nigeria shall be Great again. This country must move forward and not backward. If this government fails, it will affect most of us most...we should continue to pray for our dear country irrespective of our tribe, religion and political affiliation. Let us be positive, and join hands together to move this country forward. One love..One nation...

The failure of this govt will only affect APC... street boys must survive while we wait for 2019 to send them all demonic change agents out

angelawoko:
When we insult our leaders, we should forget about other outsiders respecting us. I wish we will really grow up as a nation.

Did you say this when GEJ was tagged clueless and drunkard?

angelawoko:
Why this caption? I have read line by line a very good speech which I hope will be marched with the deserved action. I know most of those commenting only read d caption.

Am sure you didn't do summary in your secondary school, but I will help you out

"I am afraid I did not succeed in the election in Kogi, Bayelsa, Rivers. I think that more Nigerians are killed or killed themselves in Rivers than in any particular state. At this stage of our political development, to remain brutal is shameful and as a government, I promise we will do something by the next general election"

That was his direct statement... He failed more by saying he promised to do something by the next general election, meaning he can't do anything before then. That makes 2019 election to be an experimental election. At least we have other re-run elections and even states like Edo, Ondo, Ekiti, Anambra & Osun will be conducting their election soon, so why wait till the next general election.

Buhari is not organised nor prepared for governance

TonyeBarcanista:
Oga Na for your pocket and your family. God bless our hustle

If Buhari can employ half of the number of workers in his pay-roll in the next three years, it will be a great achievement for the dullard

HungerBAD:
Jokers.
This Regional Party called PDP is still making noise.
No be una fault.

Hunger is really bad... Don't worry Buhari's 5k go soon reach you

Gbam

But wait o, why has Amaechi not make any statement since after the election

Wait let me ask NgeneUkwenu... boy answer Nairalanders

Lalasticlala
The dullards' dinner is ready