₦airaland Forum

shariff84:
Agusi season is almost over,we didn't buy plenty this year because the price has refused to reduce drastically like last year.
It 25k per bag currently instead of 17k last year.

Please can you help me to buy 2 bags to be waybilled to Lagos.

shariff84:
Beans is about to give us 100% profit for this year storage, we bought it 35k last year December and now is 60k.
Alot of nairalanders have beans with me,very soon I will start selling and deposit their funds into their various account.

We will also help those that we bought for, to resell for them.

Shariff for some time your number is not going and you don't reply WhatsApp messages when are you starting the storage of Egusi?

Foodqueen:
The ad always comes up on Facebook an he will speak to people and u hear them screaming...... I av never listened to it more than that anyways.

Cos to me, I know there is no free thing anywhere.

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Mr. P quits Zoom lottery platform
MR P
The Nation
July 16, 2022
PETER Okoye, one-half of the popular music duo, P-Square, known as Mr. P, has announced his resignation from his privately owned lottery platform, Zoom Lifestyle.
The singer, dancer, and instrumentalist cited fraudsters as the reason for his decision.


In an emotional video broadcast, Peter said the constant fraud carried out by fraudsters impersonating him forced him to resign and quit calling winners of the lottery game show every Saturday at noon.


“I own a lottery platform called Zoom Up your life where I used to call the winners on audio and video and they are always excited to see me. To be honest with you I think most people enjoy me being like every Saturday by 12 pm because they want to see me talk to them but it’s sad that some individuals from the underworld are using my previous videos when I used to call people on Zoom to scam people.

“What I have decided to do today, I resigned from anchoring or presenting zoom but the zoom is up and alive. I’m not doing this because I feel like the fraudsters have overwhelmed me or given me a challenge. I’m quitting because I want to stop them from defrauding innocent people, most especially people on Facebook.

Rolawtm:
I did a video call with him and I saw him with my eyes so his the one do it
😭 His goin to use all his money to wipe away his tears for causing people pain

Someone is showing you a video screen of Peter Okoye,s image from a laptop screen with the back camera of his phone on a live video with you and you just assumed you have spoken with Peter Okoye on a live video. 😃😃😃😃 my guy! Wake up why didn't you just ask a live question to be sure that the screen you thought is live is not a recorded screen. You should have just raised your hand and ask him for a wave to see if he will respond to you😃😃I see people falling to this fraudster on Facebook and I just laugh. Zoom lifestyle is a lottery game by Peter Okoye for users of Mtn, Airtel and 9mobile, if you are not using any of this lines you can play it on their websites https://zoomlifestyle.com and the lottery is only on Saturdays please let us be mindful of what we say about people because of what we saw on social media without fact checking it, google is there to guide you is like people falling to Norland on Facebook. Norland is legit but not what the scammers on facebook is panting it to be a money doubling scheme instead of a network marketing scheme that has a product you will have to sell to people and also have your downlines, before you start earning from it,but it is left for individual to go to Google to verify every information before running with it. Scammers only works with our appetite and nothing more and that alone will block every since of reasoning, the lesson is that every information on social media is subject to verification Google might not be 100 percent correct but at least 95 percent

socialmediaman:
It took me a while to realize that the popular titanic movie was not based on a true story. There was never a Jack Dawson or Rose DeWitt Bukater on the actual ship that sank.

Titanic was a true life mixed with fictions to make the film

shariff84:
Firstly,the price of beans now per bag is expensive because the new beans is not out yet.it's still in the farm. current price now: white beans is 25k/bag while brown beans goes 4 30k per bag. during havesting period the price will fall drastically 4 both beans.the price will be between 15k-23k 4 both beans. Finally,Manigi and makera village market in NIGER STATE will the best place 4 u to be buying it,because they produce beans more than any other place in nigeria.Also,its closer to lagos just 4 hours drive.we normally,pay 1k per bag to lagos. Hope i help?

Please how much is a bag of beans presently

Tiskified:
DISCLAIMER: This post is a my reflection on a currency devaluation. It is not meant to be a defense of or a rejection of a decision to devalue. Note also that this post is not political in nature. Just my thoughts.

Where a country operates a fixed exchange rate syatem like we do in Nigeria, devaluation as a monetary policy would involve reducing the value of the Naira with respect to those goods, services or other monetary units with which the naira can be exchanged. When we devalue our currency, we officially lower its value versus other currencies in a fixed exchange rate system that is the monetary authority (the CBN) formally sets a new fixed rate with respect to a foreign reference currency (in this case the dollar)

A devaluation means that the value of the Naira falls. Nigerians will find imports and foreign travel more expensive. However domestic exports will benefit from their exports becoming cheaper.

Herein lies the crux of the matter.

A weakened currency is only valuable if we EXPORT!

Advantages of devaluation

1. Exports become cheaper and more competitive to foreign buyers. This provides a boost for domestic demand and could lead to job creation in the export sector.
2. Higher level of exports should in theory lead to an improvement in the current account deficit. This is important if the country has a large current account deficit due to a lack of competitiveness.

3. Higher exports and aggregate demand (AD) can lead to higher rates of economic growth.

Disadvantages of devaluation

1. Is likely to cause inflation because:

Imports more expensive (any imported good or raw material will increase in price)

Aggregate Demand increases causing demand pull inflation.

Firms / exporters have less incentive to cut costs because they can rely on the devaluation to improve competitiveness. The concern is in the long-term devaluation may lead to lower productivity because of the decline in incentives.

2. Reduces the purchasing power of citizens abroad. e.g. more expensive to go on holiday abroad.

3. A large and rapid devaluation may scare off international investors. It makes investors less willing to hold government debt because it is effectively reducing the value of their holdings.

4. If consumers have debts, e.g. mortgages in foreign currency – after a devaluation they will see a sharp rise in the cost of their debt repayments. This occurred in Hungary when many had taken out a mortgage in foreign currency.

In summary devaluation of a currency is not a task to be taken lightly. If we stimulate exports properly then it MAY be beneficial in the long run. But just devaluing for the sake of having the dollar more readily available is a reckless economic endeavour
.

I think the reason why people are talking of devaluation for now is to bridge the gap between the official lending rate and black market rate, because it can be exploited as another channel for corrruption, besides, the whole essence of deluation is to make our export cheap so that we can grow our foreign reserve through export. But in doing that we have to look at our economics of scale, what are those things we are more likely to export to other countries of the world to grow our foreign reserve? Go back to history and see how it was in the 80,s when dollar was at per with naira the magic was on our natural resources. Make no mistake agriculture(cocoa, palm oil, groundnut oil cotton e.t.c.) is part of natural resources not limited to crude oil.The economy will natural improve when those things are considered. Because market Demand and supply will be the determining factor, not when you try to hold exchange rate of naira constant because you want to discourage import to improve local production, you will only end up distroying the economy because apart from those natural things God has given us the grace to produce I don't, see any manufactured thing with the level of our technology we can export to Europe or Asia to grow our foreign reserve. And when our local production is just for our consumption alone I thing we are not there yet, because we are not growing our foreign reserve.

[quote author=Teewhy2 post=44084768]The economist will promote poll that will best suit the world power and the rest not actually that they have the interest of ordinary Nigerians at heart. I feel this policy at the long run if properly implemented will reduce importation and encourages us to look inwards and develop our country. Countries like India were in this situation before banning all importation, and this makes the citizens looks inward and now they produce nearly all that is needed in the country. [/quote

No matter how negative we try to see what the economics are saying,we have to look at the scale of our economy, what are those things that can easily grow our foreign reserve? What has grown it over the years? Is it not natural resource? What most of us fail to understand is that natural resource is not limited to crude oil alone it includes both agricultural products,(palm oil, groundnut oil, cotton, etc) and other natural resource like coal, tin, gold etc.I think it is better will improve on those things that we have better advantage at producing and the economy will naturally improve.

BobUg28:
What's the problem with Nigerian pastors and their silly prophecies? TB Jusua is becoming more pessimistic these days. Why did always rely on predicting the death of prominent African leaders? Can't he predict that Africa will become the next world power

Honestly, this is a lame prediction.

It is good to have a prove of a matter before you speak or criticise TB Joshua is one prophet that is genuine.there maybe so many others which I may not know, but this man is different.I have seen so many prophets all they keep telling you is that your brother, uncle, step mother is a witch and the cause of your problem making you to have a bias and negative thought towards them, who then do we say is pessimistic? is it not the man that is busy sowing the seed of discord among brethrens? or is it the man that is working for the unit of homes? Please answer.

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dedons:
Nigeria is indeed in a very hot soup with this man as president.

Goodluck Jonathan might not have been the best for Naija, but the favour of God is with him, how be it that at his exit office everything began to change to the disadvantage of the incoming party to make non-sense of all their boasting of N1 to$1 first is the down fall of crude. who knows what next. The bible said what ever measure you measured out the same measure will be measured out to you. When you boast to make a nation ungovernable for one God in his on way proves to you, that without him a leader can lead the people to nowhere whether you believe it or not Goodluck Jonathan is the Lords Anointed. The less we stop criticizing him the better we can experience that change we all desire.

Many people today are being initiated through various means, more especially through online masturbation video. Pls for anybody that has the fear of God be careful with what you watch online so that you don't start battling with demons.pls avoid any form of pornography.

i also heard about a one time minister, during an interview named 7up and fanta as some of our mineral resources after the interviewer had made mention of tin and coke.

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          what is the nature of the job? is it open for male and female? and how can we send our Cv?