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Business / Re: Intercontinental Group Threatens To Pull Out Of Nigeria by mackenzie007(m): 7:51am On Jan 10, 2018
Lol, anytime i hear pull out, my mind dey go somewhere else grin. God help me this 2018 ooo. cheesy

2 Likes

Properties / Re: 6 Questions To Ask Before Buying Land In Nigeria by mackenzie007(m): 7:18am On Nov 28, 2017
Is there by any means, chiwetelu agu related to the land
If a widow is selling it , run...
If a man is selling it, confirm who his brother is, else land stealer is coming for you grin cheesy
Politics / Re: Army Orders For Made In Aba Boots by mackenzie007(m): 1:44pm On Oct 28, 2016
:Dwhat the fvck were they buying before? Italian leather boots?
grin grin
Politics / Re: APC And PDP Supporters Parked Their Cars In Church In Benin Today by mackenzie007(m): 6:34pm On Sep 18, 2016
Where is lady f?
Politics / Re: Recession: Quit Now, PDP To Buhari by mackenzie007(m): 8:51pm On Sep 15, 2016
blueto:
The Truth.

Even if PDP a were bunch of peculators/looters like some people pontificate about them, but the fact that they demonstrated rationality, diligence proficiency in their administration is inconfutable and cozy.
For instance, some of Jonathan's policies and programmes were evaluated by the World Bank and other reputable int'l economic organisations as some of the most effective programmes of its kind globally.

Unlike certificateless cattle rearer, who suddenly became a preferred choice to a Ph.D holder due to some irrational resentments, came on board and started formulating and implementing policies that are inimical to the economy and making goofy statements that are also pernicious to the economy. Fired the major technocrats that kept the economy moving, and replaced them with unmerited northerners, party members, conjugal and consanguine relations.

To be frank, I don't foresee APC ruling for uninterrupted 16yrs like PDP did, because they are just unprepared for governance.

Baba too much English wey i no understand. I dey feel u.
Who did u say have diabetes again?
Romance / Re: Kenyan Man Proposes To His Girlfriend With His Biker Friends' Help by mackenzie007(m): 12:42am On Sep 14, 2016
Erniehorla:
cheesy now this is Unique!

Future hubby u must propose to me on the moon oh grin so our own will be OVER UNIQUE grin

Toor. As u don decide for ur mind say u no wan get husband na. No wahala.. I dey here dey look u codedly! grin cool cool
Islam for Muslims / Re: Kenyan Cancer Patient Goes To Hajj For His Last Wish by mackenzie007(m): 12:38am On Sep 14, 2016
Emu4life:
Hey! Stop decieving urself. JESUS can of his own self do NOTHING, i did nt said dat but Jesus said it( He is only doing d will of d creator dat sent him)...Abdulazeez is also doing d will of d creator dat sent JESUS. SO WAT AR U talking about.

Abdul who again
Politics / Buhari Has Been Lying To Us, Blame Buhari For The Recession.. Obi Ezekwesili by mackenzie007(m): 12:22am On Sep 14, 2016
Blame Buhari for the recession

By Oby Ezekwesili

I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think that if Jonathan were to still be in power, we would be worse off.

The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language. Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors. After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail.

The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate. Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts.

That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush. To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL. In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall. To those who believe it will be worse if Jonathan is still there, you are all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their
confidence in the market.

The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan & Chase will not mind borrowing $50b from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians.

For your information, if your president "kontunu" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking.

1 Like 1 Share

Politics / Buhari Has Been Lying To Us, B.. Obi Ezekwesili by mackenzie007(m): 12:17am On Sep 14, 2016
Blame Buhari for the recession

By Oby Ezekwesili

I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think that if Jonathan were to still be in power, we would be worse off.

The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language. Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors. After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail.

The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate. Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts.

That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush. To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL. In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall. To those who believe it will be worse if Jonathan is still there, you are all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their
confidence in the market.

The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan & Chase will not mind borrowing $50b from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians.

For your information, if your president "kontunu" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking.
Politics / Nigeria Spends N596bn On Fuel Import In Six Months by mackenzie007(m): 6:43pm On Sep 12, 2016
Nigeria, in spite of the declining economic fortunes, spent N595.5 billion on the importation of fuel in the first six months of 2016, rising by N34.3 billion from the amount spent in the last six months of 2015.

According to data obtained from the National Bureau of Statistics, NBS, the country spent N276.226 billion on petrol import in the first quarter of 2016, while N319.28 billion was spent in the second quarter.

The NBS report showed that the amount spent on fuel importation appreciated by 6.1 percent, compared with N561.2 billion spent in the second half of 2015.

The report also highlighted that the country spent N1.24 trillion on the importation of fuel in 2015.

For the first half of 2016, the NBS disclosed that Nigeria recorded total imports of N3.57 trillion.

This meant that fuel imports accounted for 16.7 percent of Nigeria’s total import in the first six months of 2016.

Also, data obtained from the Central Bank of Nigeria, CBN, revealed that the oil sector accounted for 19 percent of total foreign exchange disbursements of $5.85 billion by the CBN in the first quarter of 2016.

On the other hand, the CBN noted that in the second quarter of 2016, the oil sector accounted for 23.3 per cent of the $6.09 billion foreign exchange disbursed by the CBN in the second quarter of 2016.

Recently, though, the difficulty in accessing foreign exchange and the declining value of the naira had made imported fuel expensive, a development which had led to calls in some quarters for a further hike in the price of the commodity.
Islam for Muslims / Re: Huawei Donates Cow To Abuja Mosque - PICS by mackenzie007(m): 10:58pm On Sep 10, 2016
I just dey hear bigot since. Wetin b d bigot sef??
Sports / Re: Jude Ighalo's Kids Resume School (Photo) by mackenzie007(m): 9:22pm On Sep 08, 2016
Lucky dem. Dem don excape the wrath of ajegunle
Politics / Govt Votes N567.4b For Rail Upgrade by mackenzie007(m): 2:58pm On Sep 05, 2016
The Federal Government has set aside N567.4 billion ($1.68 billion) for the upgrade and modernisation of the Kano-Kaduna segment of the Lagos-Kano rail line.
The contract for the project has been awarded to a Chinese firm, China Civil Engineering Construction Corporation (CCECC).
According to a statement endorsed by Yi Er San Ri and Liunian Jiuyue, on behalf of the construction giant at the weekend, the two-lane standard gauge design will travel at a maximum driving speed of 150kilometres per hour (km/hr).
In context, the rail line can move as fast as travelling from Lagos to Ibadan in 48 mins. This is expected to be faster than the Kaduna-Abuja rail line.
CCECC also signed a contractn worth $3.4 billion for the construction of the Calabar-Port Harcourt Segment 1, which aims to extend the rail line between Calabar and Port Harcourt to Onne Deep Seaport.
In 2006, the Chinese firm signed the Nigerian Railway Modernisation Project, to upgrade and modernise transportation between Lagos-Ibadan, Ibadan-Ilorin, Ilorin-Minna, Minna-Abuja, Abuja-Kaduna, and Kaduna to Kano.
The contract was signed at $8.3 billion at the time, only for the government to ask for the suspension of the project in 2008.
According to CCECC, the government later negotiated for the implementation of the Lagos-Ibadan, and Abuja-Kaduna segments of the project.
The Abuja-Kaduna rail line was delivered on July 13, this year while the Lagos-Ibadan segment remain uncompleted.

1 Like

Politics / Fayose: Dead Civil Servants’ Names On Ekiti’s Payroll by mackenzie007(m): 2:45pm On Sep 05, 2016
The names of many dead civil servants are still on Ekiti State’s payroll, Governor Ayo Fayose said at the weekend.
He warned that officials in charge would henceforth be held responsible to prevent financial leakages, which, he said, are robbing government of millions of naira.
According to the governor, such funds supposed to be channelled to other places for people’s benefit.
The governor handed down the warning at the weekend during a meeting with Directors of Finance and Accounts, Directors of Administration, Chief Internal Auditors and others from Ministries, Departments and Agencies (MDAs).
The meeting was convened to find solutions to the problems associated with generating wholesome nominal and pay rolls by the MDAs.
Fayose added that his administration might stop the central payment of state and local government workers’ salaries.
Local governments, he said, would be encouraged to pay their workers at their own levels.
Warning against what he called “careless endorsement of documents by civil servants, Fayose frowned at a situation whereby people that had left the service or are dead still had their names on the nominal roll.
He said: “Unfortunately, such names are still not removed when the pay roll is being prepared as well. Why should we be spending our scarce resources wastefully?
“We are no longer going to tolerate the issue of buck-passing, where someone would claim he is not the one that generates the nominal roll and so does not properly go through before preparing the payroll.
“Henceforth too, the nominal and pay rolls must be properly scrutinised by the internal auditors before being signed. The system has adequate checks and balances already in place and if not for collusion by concerned public servants, no sharp practices could take place.
“It is advisable that every officer properly goes through any document before signing such, as the person who endorses any document is going to be held responsible in case of any trouble,” he said.
Phones / Re: When Your Dad Asks You To Bring Your Phone .(pic) by mackenzie007(m): 9:34pm On Sep 04, 2016
ladyF:
Lol I never did this. I've got nothing to hide. grin

It's [size=15pt]LadyF[/size] again grin grin grin

[size=5pt]Make I go continue my search for Skrill funds...freelancers, forexers, biko epp me[/size]

Demmiht!!! I love when she says its ladyF again. grin grin wink

1 Like 1 Share

Politics / Fuel At N145/liter No Longer Sustainable, NNPC Says by mackenzie007(m): 6:59pm On Sep 04, 2016
They said the amount does not correspond with the price-determining components of the commodity and the fluctuations of the foreign exchange rate.

Former Directors of the Nigerian National Petroleum Corporation have expressed fears that the current pump price of N145 per litre is no longer feasible.

They said the amount does not correspond with the price-determining components of the commodity and the fluctuations of the foreign exchange rate.

They stated this after a one-day meeting they held with the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, in Abuja.

The NNPC in its statement said, “They (the GMDs) noted that the petrol price of N145/litre is not congruent with the liberalisation policy especially with the foreign exchange rate and other price determining components such as crude cost, Nigerian Ports Authority charges, etc remaining uncapped.”

The declaration of the NNPC present and past bosses confirmed an exclusive report by SUNDAY PUNCHon August 7, 2016, in which oil marketers revealed that the actual or real cost of petrol was N151.87 when all the pricing components are adequately captured.

The marketers had stated that they were struggling to maintain petrol price at N145 per litre because of the stiff competition in the downstream oil sector, but stressed that the practice was not sustainable.

The GMDs, however, commended the NNPC for resolving the fuel supply crisis and urged the corporation to come up with measures that will ensure sustenance of seamless supply of petroleum products nationwide.

According to the corporation, the GMDs expressed concerns about the declining crude oil production level and its consequences on the environment and the nation’s revenue.

They further agreed that if the current situation remains unchecked, it could lead to the crippling of the corporation and the nation’s oil and gas sector which is the mainstay of the Nigerian economy.

The Nigeria Labour Congress, Trade Union Congress, Afenifere, former federal lawmakers, security experts and rights activists, however, warned the President Muhammadu Buhari administration not to contemplate any further increase in the pump price of petroleum products in the country

The General Secretary of the NLC, Dr. Peter Ozo-Eson, who stated this in an interview with SUNDAY PUNCH, said Nigerians would not accept further fuel price increment.

Ozo-Eson had warned the government earlier this week against increasing the pump price of petroleum products in the country.

He said, “We had given a warning before that Nigerians cannot take any further increase, that they shouldn’t do it.

“That remains our position, and if they go ahead and do it, it is up to Nigerians to say how they want to respond to it. But we remain opposed to any new increase in the price of petroleum product.”

1 Like

Politics / ‘A Bad APC Governor Is Better Than A PDP Governor’ by mackenzie007(m): 6:51pm On Sep 04, 2016
Former Governor of Gombe State, Senator Danjuma Goje has said it was better to have a bad All Progressives Congress (APC) government in the state than to allow the misrule of the current Peoples Democratic Party (PDP).
He said the crisis in the state chapter of the party has robbed it of a number of benefits from the federal government.
Reacting to the inauguration of a Caretaker Committee for the state chapter of the party by the national leadership, Goje who is the Chairman, Senate Committee on Appropriation said it was important for the party to remain united and work as one family.
“The leadership of the party has decided to do a good job by bringing people from our neighboring state, and I want to ask the leadership in your presence to be neutral, to be objective, to be committed in trying to unite this party, because I am sure whether you belong to any other group, it is better that we have a bad APC Governor than not to have any governor at all.
“No matter how bad that governor is, if it is APC (member) it is better, because since it is PDP now… none of our members, no APC man has been giving appointment even as a counselor. So you see, it is very important that we unite, we unite and put our differences behind us and move forward to ensure that we form the next government in Gombe State,” Goje said.m
While commending the National Leadership for the prompt intervention, Goje assured the Caretaker Officers that members of the APC in Gombe State, regardless of their political differences will give maximum support and loyalty to the newly inaugurated leadership in the state.
He said: “We members of the APC in Gombe State are very grateful and loyal to the National leadership of our party. We want to thank you very much for your intervention to save the party and make it relevant in Gombe State and Nigeria.
“I want to, on behalf of all of us in APC in Gombe State regardless of the past events, assure you that we will give maximum support to the newly inaugurated leadership in the state. I to call on all other members of the APC in Gombe State to come and join us and unite to support leadership to make APC strong in Gombe State.”
Education / Re: Situations You Can Relate To In A Nigerian Secondary School (pictures) by mackenzie007(m): 12:57pm On Sep 04, 2016
Rapmoney:
13. How you guys leave the classroom when you hear the Financial Accounting teacher is on her way to the class grin

We Will just be going home jejely o, and someone will just shout the last person is a fool!! grin grin grin cheesy
Politics / Buhari Blames Ex-president For The High Cost Of Food! by mackenzie007(m): 12:48pm On Sep 04, 2016
Sadly, even that which was not stolen [under Jonathan's dministration] was wasted. Government coffers were left empty, with huge debts unpaid and unrecorded.

Former President, Goodluck Jonathan is responsible for the economic pains Nigerians are currently grappling with, including the high cost of food items in the market, according to President Muhammadu Buhari.

Shehu says: “To avoid repeating the past mistakes, Nigerians must come to terms with what went wrong with the past, how bad things were, what was done wrongly, what the past government should have done, before we come to what needs to be done to right those wrongs.

“Believe me; episodes from the Jonathan era can fill books, and other possibilities, such as courtroom drama thriller.”

The President's spokesperson also criticised the Jonathan administration for its 'paltry' outlay on infrastructure projects.

“The current pain is due to the mismanagement of the past. What Nigeria is currently experiencing was inevitable. This government is simply being honest with the people instead of piling up debts and concealing the truth by pretending all was rosy. This government believes that Nigerians deserve to know the truth.

“People stole unbelievable amounts of money. The kind of money some of these ex-officials hold is itself a threat to the security of the state. Since it is not money earned, they feel no pain deploying just anyhow to thwart genuine and well-intentioned government efforts.

“Sadly, even that which was not stolen was wasted. Government coffers were left empty, with huge debts unpaid and unrecorded (this government is working to quantify the amount owed). Even the current high food prices can be traced to past deceit.

“For example, the previous government purchased fertilisers in 2014, worth N65bn and left the bill unpaid. In 2015, the suppliers could not supply fertilisers which resulted in a low harvest, shortages and high food prices

“This government had to pay off the debt so that the suppliers could begin to supply fertilisers again. Across Nigeria, a green revolution is occurring as Nigerians are going back to the farms, from rice in Kebbi and Ebonyi to Soya and Sesame in Jigawa and Kano. At the same time, Nigerians are looking inwards to identify commercial opportunities from agri-businesses.

“Most of our road contractors had not been paid since 2012; many of them had sent their workers away, adding to the unemployment problem. This government has released capital allocations in the last three months that is more than the whole of 2015. In 2015, Nigeria spent a paltry N19bn on roads, in three months we have spent N74bn and we are already releasing more.

In the transport sector in 2015, government spent just N4.2bn; we have spent N26bn, with more to follow. We are starting a concession that will revive our old rail system for freight, whilst we build a new high speed rail system. Moving heavy goods by rail will reduce our transport costs which will reduce food prices and will save our roads from damage from heavy loads. Government will embrace the private sector through PPP, concessions and other collaborations to deliver services and infrastructure efficiently,” Shehu said.
Romance / Re: Who Is Prettier And Who Would You Choose Between These Two Women? by mackenzie007(m): 3:02pm On Sep 03, 2016
IamLEGEND1:
I honestly feel like throwing up.
see as you old but you can't even pretend to act your age.
There was really no need for you to comment.
Romance / Re: Please Is This Still Modelling?? (photo) by mackenzie007(m): 2:42pm On Sep 03, 2016
This is what I call, ilekonji
Jokes Etc / Re: Strong Love At The ATM by mackenzie007(m): 12:45pm On Sep 03, 2016
my girlfriend left a note on the fridge saying "it's not working. I am going to my mom's house. I can't take it anymore"

I opened the fridge
the lights came on
the beer was cold.
what the hell was she talking about?

2 Likes

Fashion / Re: This Lady Was Bounced From The Immigration Office For Wearing This Dress (photos by mackenzie007(m): 9:33am On Sep 03, 2016
These pictures were taken from a higher angle... M sure that if it were on the same level, you would be seeing her laps.

1 Like

Jokes Etc / Re: Hilarious News Headline About The Yesterday's Eclipse by mackenzie007(m): 9:07pm On Sep 02, 2016
We will go on strike until government respond to our eclipse demands.- ASUU
Jokes Etc / Re: Hilarious News Headline About The Yesterday's Eclipse by mackenzie007(m): 9:04pm On Sep 02, 2016
Egbon olamide. If its eclipse you want come and take it..- don jazzy
Politics / Re: Why Guns Should Be Legalized In Nigeria by mackenzie007(m): 8:47pm On Sep 02, 2016
You want morning greeting to be gun shots abi. Ask mexico, they will tell you.

3 Likes

Romance / Explanation Please!!! by mackenzie007(m): 7:56pm On Sep 02, 2016
Please if a married man or woman is caught cheating, is she supposed to be humiliated by the neighbors or by the husband/wife?
Romance / Please If A Married Man Or Woman Is Caught Cheating, Is She Supposed To Be Humil by mackenzie007(m): 7:50pm On Sep 02, 2016
Help me understand please. undecided
Education / Re: AT LAST!! Ciroma Chukwuma Adekunle Has Finally Passed His WAEC. by mackenzie007(m): 7:26pm On Sep 02, 2016
A LETTER TO CIROMA CHUKWUMA ADEKUNLE
dear sir,
You have been strong for all ss3 students. You have thought me a valuable lesson. Once you fail, you try again, that success will eventually come to pass.
You will surely be missed. You will forever be in our hearts. . I will tell my kids that you broke the record. That you wrote waec for almost as long as I can remember. You are a legend. My hero.

Yours sincerely
Mackenzie.

1 Like

Business / Re: Dangote Shifts Focus From Cement To Oil And Gas by mackenzie007(m): 1:41pm On Jun 25, 2016
He should go back to school and study oil and gas
Foreign Affairs / Re: Kenyan Man Dresses As Female Prostitute by mackenzie007(m): 7:45am On Jun 21, 2016
He needs jungle justice sad angry
Car Talk / Re: Man Uses "Juju" To Secure His Car After It Broke Down In A Ghetto by mackenzie007(m): 7:38am On Jun 21, 2016
[quote author=MrPeterson post=46744528]Cross the line and start washing d car. [/quote confirm cheesy]

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