₦airaland Forum

If this man knows what is $100 million , make i bend.

Mankind2024:
In 2014, the average US exchange rate to Naira was N170.00, closing the year at NGN186 per US$. If you had converted NGN186,000 to US$ in December 2014, you would have gotten $1,000, enough to buy 2,000 units of NVIDIA stocks at$0.50 per share. After NVIDIA's 4:1 stock split in 2021 and 10:1 split in 2024, your holding would have increased to 80,000 units. At the current price of $126.57 per share, your investment would be worth$10,125,600, equivalent to NGN13,163,280,000 at an exchange rate of NGN1300 per US$.
In contrast, if you had invested NGN186,000 in Dangote Cement at the closing price of NGN200 on December 31, 2014, you would have gotten 930 units worth NGN610,731 today.
This analysis highlights the importance of diversifying investments beyond the Nigerian economy, which relies heavily on imports and faces economic challenges. I have learned this lesson and now diversify my investments in entrepreneurship, Bitcoin, NGX, and NYSE. I encourage others to do the same, especially in the magnificent 7 companies (Alphabet, Amazon, Apple, Meta, Microsoft, Tesla, and NVIDIA). A $10,000 investment in these companies could grow to$120,000 by 2034, while the same amount invested in the Nigerian economy might devalue to NGN 2M due to inflation and money print via TB, Bond, and the phenomenon called Ways and means.
Diversification is key, and I hope this write-up serves as a wake-up call for contrarian self-investors."

Smart analysis,
1-NVDIA has a wide moat, Dangote is just another cement maker.
2-Currency fluctuation is decimating the Naira. (Its also the reverse when you bring in dollars to nigeria to invest, you might end up with lesser dollars after years of investment)

There should be a defibrillation device and increased awareness on usage for emergencies.

StreetFight:
No, he went their to spy on your underwear. You need a true self assessment, don't you think you need psychiatric evaluation?

There

Go school you no gree.

A woman’s bréast that was cut off due to cancer grew back two weeks after. I don’t blame the doubts, some of these miracles in our midst are difficult to believe.” — Pastor Adeboye

The rate at which some pastors mislead the public, particularly the naive and vulnerable, must be urgently addressed. Statements like the one made by Pastor Adeboye should not be allowed in public space without appropriate caveats or censorship. Such claims can put people at increased risk, as those who should be seeking proper medical treatment for serious conditions like breast cancer might be misled.

Breast cancer is a severe illness and should never be joked about or used for profit. Pastor Adeboye is publicly making claims that are false and dangerous. The government and the Medical and Dental Consultants’ Association of Nigeria (MDCAN) need to intervene and correct such misleading statements. We cannot all turn a blind eye while these dangerous attitudes continue unchallenged, allowing misinformation to interfere with evidence-based medical data.

Pastor Adeboye is wrong, and his actions are harmful. People, instead of starting their medical treatment early to increase their chances of survival, are being misled by figures like Pastor Adeboye. These pastors, knowing the severity of the illness, continue to exploit their followers for money until their deaths.

This misleading behavior isn’t isolated. Many Nigerian churches deploy similar tactics to make money at the expense of public health. From selling “miracle cures” to discouraging the use of life-saving medical treatments, these actions pose significant health hazards.

It is time for the government and MDCAN to step in decisively. These organizations must ensure that no religious leader can make health-related claims without proper verification. We need stringent policies to protect the public from such dangerous misinformation.

Pastor Adeboye and others must be warned to desist from conning the gullible public. Their actions not only misguide people but also endanger lives. We must uphold the integrity of medical science and ensure that all Nigerians have access to accurate and reliable health information.

Zooposki:
Bamboo.

How is that going ?
Do you find it reliable ?

ModernAncestor:
I have been following the farmer/herders clashes for years with every regions (except North East & North West) lamenting bitterly how Fulanis overrun their farmlands with cattle leaving nothing behind but destruction, pains, tears and sorrows. And everyone calling on them to embrace ranching to no avail.

So, I got wondering is cow rearing exclusive business for Nomadic Fulanis? Can't different tribes ranch cows to grow their own meat and eat their own meat?

I honestly think it will resolve most of this clashes. What do we think guys?

The fulani's have grazed cows for over 1000 years. Their experience with cows is unbeatable, A Fulani man can look at a cow and tell you its age,its health condition, without touching it. Feeding a cow is not a joke, because they consume even more than humans. The only thing that makes meat affordable in Nigeria is because the Fulani can feed the cow at a negligible cost by grazing. The minute you tie down a cow and feed it for 3 years (ranching). Only a few people will eat beef in Nigeria.
Back to your original question, the same reason the Igbo man or the Yoruba man doesn't sell Suya, The same reason the fulani man doesnt sell spare parts in Alaba market.

Jokerman:
How can I buy Nvidia stocks?

1-Where do you live ?
2-Do you really want to buy at the top ?
3-The genius is in picking the next Nvidia.

Zooposki:
Yeah, I bought some NVDA stock before the split. I also bought AVGO before they split sometime this month. I’m still thinking about getting Chipotle as they are doing a 50-1 split sometime in July.

Same here, Welcome, you trade on what platform ?

treatise:
Tell him(Abdul Abiola) Nvidia wasn't inherited.

Did you buy low too ?

As he releases another Banger.

https://www.youtube.com/watch?v=olr6Qbq00Ek

This response fails to acknowledge the severe and immediate impacts of rash and poorly timed decisions on the vulnerable population in Nigeria. Here’s an in-depth critique highlighting why these sudden implementations were ill-conceived and have exacerbated the suffering of ordinary Nigerians:

1. Immediate Fuel Subsidy Removal:
• Impact: The abrupt removal of the fuel subsidy without a phased approach led to an instant spike in fuel prices. This decision ignored the economic shock it would cause to millions of Nigerians who rely on subsidized fuel for transportation and power.
• Real-Life Scenario: A typical Lagos commuter who previously spent N5,000 monthly on transport now finds themselves paying upwards of N15,000. For families already struggling with basic expenses, this is untenable and forces difficult choices between transportation, food, and other necessities.
2. Exchange Rate Unification:
• Impact: The decision to float the naira and unify exchange rates led to a rapid devaluation of the currency. While the move aimed to address underlying economic issues, it lacked adequate measures to cushion the immediate inflationary effects.
• Real-Life Scenario: Small business owners who import goods found their costs doubling overnight. A small electronics shop owner in Abuja who used to import goods at an exchange rate of N500 to the dollar now faces rates over N1000, leading to soaring prices that drive away customers and threaten business viability.
3. Lack of Preparedness and Safety Nets:
• Impact: Implementing these policies without adequate social safety nets or transition programs has left many Nigerians in dire straits. The government’s failure to roll out substantial and timely support measures has resulted in increased poverty and hardship.
• Real-Life Scenario: In rural areas, where subsistence farming is common, the spike in fuel and transportation costs means higher prices for farming inputs and reduced market access for produce. Farmers in Kaduna, for instance, have reported being unable to afford fertilizers and transport, leading to reduced agricultural productivity and income.
4. Inflation and Cost of Living Crisis:
• Impact: The immediate implementation of these economic reforms has fueled unprecedented inflation. Basic goods and services have become unaffordable for the average Nigerian, eroding the purchasing power of households across the country.
• Real-Life Scenario: A family in Port Harcourt that used to spend N10,000 weekly on groceries now needs N20,000 for the same items, pushing them to cut down on essential food items and leading to malnutrition and health issues, especially among children.
5. Social Unrest and Increased Crime Rates:
• Impact: The sudden economic hardship has led to a rise in social unrest and crime rates as people struggle to make ends meet. Desperation drives many to criminal activities, creating a vicious cycle of insecurity and economic instability.
• Real-Life Scenario: In cities like Kano, there has been a noticeable increase in petty theft and other crimes. Young men, unable to find jobs or afford basic necessities, are increasingly turning to theft and other illicit activities to survive, exacerbating the already fragile security situation.


Tinubu's administration inherited significant economic challenges, the hasty and unphased implementation of critical economic policies has led to widespread suffering among Nigerians. These measures, devoid of adequate planning and safety nets, have caused immediate and severe economic shocks, disproportionately affecting the vulnerable population. The government’s approach has not only deepened the economic crisis but also undermined public trust and social stability. To avoid further exacerbation of these issues, a more thoughtful, phased, and well-communicated approach is essential, coupled with robust support systems to protect the most affected citizens.

This response fails to acknowledge the severe and immediate impacts of rash and poorly timed decisions on the vulnerable population in Nigeria. Here’s an in-depth critique highlighting why these sudden implementations were ill-conceived and have exacerbated the suffering of ordinary Nigerians:

1. Immediate Fuel Subsidy Removal:
• Impact: The abrupt removal of the fuel subsidy without a phased approach led to an instant spike in fuel prices. This decision ignored the economic shock it would cause to millions of Nigerians who rely on subsidized fuel for transportation and power.
• Real-Life Scenario: A typical Lagos commuter who previously spent N5,000 monthly on transport now finds themselves paying upwards of N15,000. For families already struggling with basic expenses, this is untenable and forces difficult choices between transportation, food, and other necessities.
2. Exchange Rate Unification:
• Impact: The decision to float the naira and unify exchange rates led to a rapid devaluation of the currency. While the move aimed to address underlying economic issues, it lacked adequate measures to cushion the immediate inflationary effects.
• Real-Life Scenario: Small business owners who import goods found their costs doubling overnight. A small electronics shop owner in Abuja who used to import goods at an exchange rate of N500 to the dollar now faces rates over N1000, leading to soaring prices that drive away customers and threaten business viability.
3. Lack of Preparedness and Safety Nets:
• Impact: Implementing these policies without adequate social safety nets or transition programs has left many Nigerians in dire straits. The government’s failure to roll out substantial and timely support measures has resulted in increased poverty and hardship.
• Real-Life Scenario: In rural areas, where subsistence farming is common, the spike in fuel and transportation costs means higher prices for farming inputs and reduced market access for produce. Farmers in Kaduna, for instance, have reported being unable to afford fertilizers and transport, leading to reduced agricultural productivity and income.
4. Inflation and Cost of Living Crisis:
• Impact: The immediate implementation of these economic reforms has fueled unprecedented inflation. Basic goods and services have become unaffordable for the average Nigerian, eroding the purchasing power of households across the country.
• Real-Life Scenario: A family in Port Harcourt that used to spend N10,000 weekly on groceries now needs N20,000 for the same items, pushing them to cut down on essential food items and leading to malnutrition and health issues, especially among children.
5. Social Unrest and Increased Crime Rates:
• Impact: The sudden economic hardship has led to a rise in social unrest and crime rates as people struggle to make ends meet. Desperation drives many to criminal activities, creating a vicious cycle of insecurity and economic instability.
• Real-Life Scenario: In cities like Kano, there has been a noticeable increase in petty theft and other crimes. Young men, unable to find jobs or afford basic necessities, are increasingly turning to theft and other illicit activities to survive, exacerbating the already fragile security situation.


Tinubu's administration inherited significant economic challenges, the hasty and unphased implementation of critical economic policies has led to widespread suffering among Nigerians. These measures, devoid of adequate planning and safety nets, have caused immediate and severe economic shocks, disproportionately affecting the vulnerable population. The government’s approach has not only deepened the economic crisis but also undermined public trust and social stability. To avoid further exacerbation of these issues, a more thoughtful, phased, and well-communicated approach is essential, coupled with robust support systems to protect the most affected citizens.

To ensure the integrity of Nigerian travelers and maintain the country’s reputation, the following punishable offenses and corresponding penalties are proposed for Nigerian passport holders who perpetrate crimes abroad. These measures aim to serve as a deterrent to others and uphold the law:

1. Drug Trafficking:
• Offense: Engaging in the illegal production, distribution, or sale of narcotics.
• Penalty: Immediate revocation of passport, a minimum of 20 years imprisonment upon return, and a lifetime travel ban.
2. Human Trafficking:
• Offense: Involvement in the illegal transportation of individuals for the purposes of forced labor or sexual exploitation.
• Penalty: Passport revocation, a minimum of 15 years imprisonment, heavy fines, and a permanent ban from obtaining another passport.
3. Fraud and Financial Crimes:
• Offense: Committing acts of fraud, including credit card fraud, cyber fraud, and other financial crimes.
• Penalty: Passport suspension for 10 years, 10-15 years imprisonment, and restitution of defrauded amounts.
4. Terrorism and Terrorist Financing:
• Offense: Participating in or funding terrorist activities.
• Penalty: Passport revocation, life imprisonment, and asset forfeiture.
5. Violence and Assault:
• Offense: Committing acts of violence, including assault, battery, or any form of physical aggression.
• Penalty: Passport suspension for 5 years, imprisonment for 5-10 years depending on the severity, and fines.
6. Smuggling:
• Offense: Engaging in the illegal import or export of goods, including wildlife, firearms, and contraband.
• Penalty: Passport suspension for 7 years, imprisonment for 7-10 years, and confiscation of smuggled goods.
7. Identity Theft and Document Forgery:
• Offense: Using false identities or forging official documents, including passports and visas.
• Penalty: Immediate revocation of passport, 10-15 years imprisonment, and permanent ineligibility for a new passport.
8. Illegal Immigration Assistance:
• Offense: Facilitating illegal immigration, including providing false documentation or sheltering illegal immigrants.
• Penalty: Passport suspension for 5 years, 5-10 years imprisonment, and heavy fines.
9. Child Exploitation and Abuse:
• Offense: Engaging in or facilitating the exploitation or abuse of minors.
• Penalty: Passport revocation, life imprisonment, and public registration as a sex offender.
10. Corruption and Bribery:
• Offense: Offering or accepting bribes to influence decisions or actions.
• Penalty: Passport suspension for 10 years, 5-10 years imprisonment, and fines equivalent to ten times the bribe amount.
11. Environmental Crimes:
• Offense: Engaging in activities that harm the environment, such as illegal dumping or pollution.
• Penalty: Passport suspension for 5 years, 5-10 years imprisonment, and mandatory community service in environmental conservation.

Implementation and Enforcement

• Inter-Agency Collaboration: Coordination between Nigerian Immigration Service, Ministry of Justice, and foreign embassies to monitor and enforce these penalties.
• Public Awareness Campaigns: Informing Nigerian citizens about these offenses and penalties through media, travel advisories, and at points of passport issuance.
• Legal Support and Representation: Providing legal support to Nigerians accused abroad to ensure fair trials and due process while ensuring accountability.

.

This response fails to acknowledge the severe and immediate impacts of rash and poorly timed decisions on the vulnerable population in Nigeria. Here’s an in-depth critique highlighting why these sudden implementations were ill-conceived and have exacerbated the suffering of ordinary Nigerians:

1. Immediate Fuel Subsidy Removal:
• Impact: The abrupt removal of the fuel subsidy without a phased approach led to an instant spike in fuel prices. This decision ignored the economic shock it would cause to millions of Nigerians who rely on subsidized fuel for transportation and power.
• Real-Life Scenario: A typical Lagos commuter who previously spent N5,000 monthly on transport now finds themselves paying upwards of N15,000. For families already struggling with basic expenses, this is untenable and forces difficult choices between transportation, food, and other necessities.
2. Exchange Rate Unification:
• Impact: The decision to float the naira and unify exchange rates led to a rapid devaluation of the currency. While the move aimed to address underlying economic issues, it lacked adequate measures to cushion the immediate inflationary effects.
• Real-Life Scenario: Small business owners who import goods found their costs doubling overnight. A small electronics shop owner in Abuja who used to import goods at an exchange rate of N500 to the dollar now faces rates over N1000, leading to soaring prices that drive away customers and threaten business viability.
3. Lack of Preparedness and Safety Nets:
• Impact: Implementing these policies without adequate social safety nets or transition programs has left many Nigerians in dire straits. The government’s failure to roll out substantial and timely support measures has resulted in increased poverty and hardship.
• Real-Life Scenario: In rural areas, where subsistence farming is common, the spike in fuel and transportation costs means higher prices for farming inputs and reduced market access for produce. Farmers in Kaduna, for instance, have reported being unable to afford fertilizers and transport, leading to reduced agricultural productivity and income.
4. Inflation and Cost of Living Crisis:
• Impact: The immediate implementation of these economic reforms has fueled unprecedented inflation. Basic goods and services have become unaffordable for the average Nigerian, eroding the purchasing power of households across the country.
• Real-Life Scenario: A family in Port Harcourt that used to spend N10,000 weekly on groceries now needs N20,000 for the same items, pushing them to cut down on essential food items and leading to malnutrition and health issues, especially among children.
5. Social Unrest and Increased Crime Rates:
• Impact: The sudden economic hardship has led to a rise in social unrest and crime rates as people struggle to make ends meet. Desperation drives many to criminal activities, creating a vicious cycle of insecurity and economic instability.
• Real-Life Scenario: In cities like Kano, there has been a noticeable increase in petty theft and other crimes. Young men, unable to find jobs or afford basic necessities, are increasingly turning to theft and other illicit activities to survive, exacerbating the already fragile security situation.


Tinubu's administration inherited significant economic challenges, the hasty and unphased implementation of critical economic policies has led to widespread suffering among Nigerians. These measures, devoid of adequate planning and safety nets, have caused immediate and severe economic shocks, disproportionately affecting the vulnerable population. The government’s approach has not only deepened the economic crisis but also undermined public trust and social stability. To avoid further exacerbation of these issues, a more thoughtful, phased, and well-communicated approach is essential, coupled with robust support systems to protect the most affected citizens.

kerry57:
Some of them are good academically

lol......The most intelligent person i went to university with was fulani from the north.......University was in the south.

adetoyeshe:
This project am embarking on it about developing our local chicken in Nigeria ,the Fulani ecotype by improving its breed with the exotic breeds of broiler and noiler.. cross breeding method..
I will be updating you as I proceed.

I am interested, would collaborate with you if you want us to do this on a larger scale.
kudos.

June 12, 1993: Nigeria’s Historic Presidential Election and Its Aftermath

Thirty-one years ago, on June 12, 1993, Nigerians came together to vote without bias towards religion, tribe, or political party. This landmark presidential election was overseen by Professor Humphrey Nwosu, using the innovative Option A4 voting system. This method, where voters queued in front of their preferred candidate’s photograph, nearly eliminated the possibility of electoral fraud.

[color=#000000]The candidates were Bashir Tofa and Sylvester Ugoh for the National Republican Convention (NRC) and Bashorun Moshood Abiola and Babagana Kingibe for the Social Democratic Party (SDP). Abiola emerged as the clear winner, a result widely accepted across Nigeria. However, before the final results could be officially announced, the military government of General Ibrahim Babangida annulled the election, citing dubious reasons, including Abiola’s alleged election day campaigning.[/color]

This annulment led to national turmoil. Nigerians had hoped that Abiola’s presidency would unite the country, transcending ethnic and religious divides. His philanthropic legacy had earned him nationwide respect. However, the annulment fueled a crisis, resulting in numerous deaths, including those of pro-democracy activists like Abiola’s wife, Kudirat Abiola.

Remi Lambert, a lawyer and political commentator, lamented the lost gains of June 12, criticizing current politicians for their greed and detachment from the people’s needs. He contrasted today’s self-serving leaders with Abiola, who was beloved for his generosity and commitment to the common good.

Jeanbosco Ayuba and other critics argue that celebrating June 12 as Democracy Day, initiated by former President Muhammadu Buhari in 2018, feels hollow. They believe it was a move for political gain rather than genuine recognition of Abiola’s legacy. Despite the holiday, many feel that the true essence of June 12 has been lost amidst ongoing political corruption and poor governance.

Calls for the government to honor Abiola’s family with presidential privileges have been ignored, further highlighting the disconnect between the symbolic celebration and actual respect for Abiola’s contributions. Critics insist that true homage to June 12 should reflect in policies that uplift Nigerians, echoing the inclusive and philanthropic spirit of MKO Abiola.