₦airaland Forum

With 10 million Naira!
I challenge any one to screenshot a tweet where me or my twin insulted a whole region or tribe or even spot any ethnic bigotry statement. We are campaigning strongly for our Candidate without insulting any other candidate. Let’s call a spade a spade!�

ZombieSlayer1:
Every sane man knows Ekpa is being sponsored by a certain peeing politician to reduce his opponent's votes in the East

Vilgax:
first of all, you have to understand the concept of money.
money isn't real.
it was designed to be a means of storing and transferring "value".

let's chill first and look at what exactly a recession is.

in the simplest of terms, a recession is a reduction of economic activities in a country (or on a global scale in this context). In other words, a significant fall in the GDP for a prolonged period (maybe 3 fiscal quarters) technically qualifies as a recession.

Now wetin be GDP? GDP na basically the total amount of money SPENT in an economy (a simplified definition sha).
that means from the pure water you buy to Dangote building his refinery, basically all the transactions carried out in a country in a period of time added together forms your GDP. (that is why Nigeria has a GDP larger than Finland, 200M+ people exchanging money really adds up).

Anyhow sha, back to money. we said it's a store of value abi? confam.
Capitalism saw this and was like, "hold my beer" and found a way to Bleep it up; hence the introduction of stocks and crypto and what not.

unlike money which stores actual value. the stock and crypto market thrive on speculation. this essentially means that the value of your crypto entirely depends on the collective belief that it has value. the more people believe, the more it becomes valuable. creating a sort of economic bubble, eventually people realised that pictures of monkeys and coins based on dogs weren't all that valuable and boom, the value of crypto tanked a bit. the whole FTX saga showed the world the cryptoverse is just one big Ponzi scheme.

in things were going great, until COVID hit...
all of a sudden, people weren't spending money the way they usually do.
in order to maintain their GDP, countries started pumping money into their economy to stimulate them.
it seemed to be working, then Ukraine-Russia start to dey fight, supply chains got disrupted, China remembered communism and started cracking down on its economy and basically a clusterfuck of other issues brought us to the point we are.

now the main thing to understand is while some countries will definitely go into a recession, they necessarily wouldn't like they're in one because like I said, a recession is essentially a reduction in economic activities.

but other countries like Nigeria?
make we dey see sha. 2023 is gonna be a movie.

I hope this helped a bit.

benson4u:
I have the following questions for you, answer honestly please.
1) Was she sexualy molested earlier in her life?
2) Is she the shy type or an introvert?
3) Did you met her a virgin?
4) Has she given birth before?
5) Do you know if she's pregnant?
6) Is she working for someone or she has her own business?
7) Is the work or business stressful or giving her time for you?
Was she like this while you guys were dating?

Lizzysamuel:
Lagos light rail from Marina to Mile two is yet to be completed. Why were they making noise over an uncompleted project?

The coach never got to Marina, because the light train has not being completed and it wont be completed this year or even any time soon.

I was in Lagos Island, marina yesterday, then at Ijora Olopa where l saw only 3 coaches. The light train has not been completed, if you truly live in Lagos, go there and prove me wrong.

Nwaetche:
Peter Obi and LP PCC mandated Datti to get fully involved, unify the disparate Obidient and LP support group and take charge of the day to day running of the campaign in the North. Some Obidient in the North felt not been carried along as much as their southern counterpart and hence Dr. Datti was asked to take control.

In the same vain, Dr. Akin Osuntokun is doing in Yorubaland.

The LP VP candidate has been spending his time criss-crossing the remote areas and meeting with religious and traditional leaders all this while. I can assure you that he is making serious inroad in those areas. I learned that he is now concentrating efforts in southern Bauchi, Southern Borno and Adamawa areas of the North.

Southern kaduna, Plateau, Nasarawa, Benue, Taraba are already in the bag for LP.

The LP Campaign would move to the North in January and Datti is preparing the ground for a huge success.

So my dear friend, please stop imaginingg things happening only in your head.

Nigeria’s insurance regulator, the National Insurance Commission (NAICOM), has raised third-party insurance coverage for motorists from N5,000 to N15,000 yearly.

According to a circular addressed to insurance companies, as seen by Nairametrics, the new policy becomes effective from January 2023

Third-Party Property Damage: Part of the circular which was signed by NAICOM’s Director of Policy and Regulation, Mr Leo Akah, said:

“Pursuant to the exercise of its function of approving rates of insurance premium under Section 7 of NAICOM Act 1997 and other extant laws, the Commission hereby issues this circular on the new motor insurance premium rates effective from Jan. 1, 2023.”

The circular added that for any third-party property damage (TPPD), the limit of claims an insured can enjoy on a policy for the private vehicle will now be N3 million for the new premium of N15,000. In the same vein, the limit for own goods would be N5 million, with a new premium of N20,000.

The commission added that the Insurance premium rate payable on staff buses is now N20,000 and its TPPD would be N3 million.

Other commercial vehicles: Similarly, commercial vehicles, trucks and general cartage now have a TPPD limit of N5 million with an N100,000 premium rate while ‘special types’ now have a TPPD limit of N3 million and a premium of N20,000.

For Tricycles, the TPPD limit is now N2 million with a premium of N5000 while motorcycles now have a TPPD limit of N1 million and a premium of N3000.
The commission also noted that the Comprehensive insurance policy premium rate shall not be less than 5 per cent of the sum insured after all rebates or discounts.

onez:
This may likely happen. The signs are there. Nigerians wants a paradigm shift. Atiku nor Tinubu can't win this race. Two of them will give a joint press conference, withdraw from the race and urge Obi to form and head a government of national unity.

Bonavi:
An 86 abi 87 yr old shaky shaky old man struggling with healthy young men to control a capsizing ship, isn't that madness. He will spend all the money in the world but will lose woefully. Who are those that will vote for him, i dont think fools in this country are up to 10% because they are the only One's that will vote such a man

JASONjnr:
Again, CR7 is way better than Messi and I won't even bother wasting my time with urchins quoting me...


FIFA president's reaction when France scored tell alot about the fixing of all Argentina's games......