₦airaland Forum

rookidmart:
I don't think Nigeria borrows naira from the IMF or any other country it borrows money from.

Also if it is borrowed, it has to be paid back - usually with interest- so it will still leave eventually.
Not so with printed money.

The money we borrow internationally, do we use it to trade internationally or do we use it locally? What stops us from printing money locally and lending it internationally to other countries with interest?

rookidmart:
Because the value of your currency will decline rapidly if you choose to print more of your currency willy nilly.
See: Zimbabwe, Venezuela, Germany after world war 1.

How different is that to borrowing money?

habsydiamond:
It doesn't work that way mehn....it's not about printing money... It's about whats going on with the economy... Value have a major role to play here. If ur economy is flamboyant enough I don't think there will be need to borrow money from other countries. The problem lies with those at the top of affairs in this country.. When they keep stealing funds and saving these funds aboard, developing other countries instead of ours... That s one of the reason why we are still where we are since the 60s... If e shock u sorry oo

This is not answer to the question asked. If you can print your own money, why borrow from others at an interest?

There was this female soldier a guy who is based abroad brought to my shop few years ago. The way they were doing together, you would wish to have your own female soldier babe. .maybe they knew each other before the guy travelled and the babe became a soldier. Come see TLC. Me sef loose coordination.

PAWG:
Madrid play like they’re training, too casual

And it surprises me how they win matches with that style of play.

MrSamsung:
I don't he has been removed from power.
How sure are you about the bolded? I really want to know

Just an opinion.

lonzo:
The Irony on this post.. the man printed money to share to 36 states.. Instead of Nigerians to hold their governors accountable, its person who approved the printing that his held responsible. Naija my country

When will you have sense?

MrSamsung:
See I don't blame PMB as much as those person(s), people or groups of people, tribe and region that think that they are wise,sophisticated and political savvy that voted in this disaster, doing so out of sheer wickedness, hatred and tribalism.

Without them there is high chance that PMB would not have smell the presidency.

I hope and know that they are happy now, because they keep defending this man even here on nairaland in great numbers even going as far as thinking to elect those who were in the forefront in Buhari's campaigns and election.

How can a nation be sooo stupid

Something crossed my mind few minutes ago. Are we sure Buhari has not been removed from power? His medical trip that has now turned into Resting trip is beginning to look suspicious. This is against the backdrop of the British Military personnel that seems to be controlling the Government now in Abuja.

CodeTemplar:
In the biblical Egypt when money failed, it was due to draught. Ours is due to greed inspired mismanagement. We have water, rain, fertile land, good whether, crude for energy and many thing going but out money is failing or rather faileth like biblical Egypt. What an error.

We also have crop eating cows and farmer murdering herdsmen.

DaGC:
Man City well done �

I just dey look them. Enough burnt offering.

JAHHHHHH:
I'm done with gambling... Started this year's February and ending it today. No more...

See you next week.

tamdun:
Kelechi audu? But Igbo people said they don't have Muslims among them

Audu is not Muslim Name. Audu Ogbe is not a Muslim.

Until Buhari Economics really kicked in, now I am gasping for breath. I can breath. Who dey breeeth now?

Malawian:
Ofcourse i had to reduce my prices for services done because that was the only way to obtain market share. If you undertand that it took me more than 5 months to save 100k then, then you will understand the sacrifice i made (I suppose that is the issue - Sacrifice). But, it still does not explain other stuff. While the Yoruba guy was selling tickets for 120 per hour, I reduced mine to 100 per hour. under two years, he folded.

The Igbo guy further down the street never reduced his own, it was still 120 all through. I have since increased it back to 120 but understand something, the new guy reduced and kept his at 100, yet i dont really feel the pinch from him, his cafe is smaller than mine anyways and so he cant cater for everyone. The New Igbo guy's cafe is closer to mine than mine was closer to the Yoruba's. Maybe he didnt have the stomach for conpetition, but i dont really think it is just that, there is something else at play. Even on very bad days here, i still meet target.

BTW, by the special grace of God, i make 100k plus every month now.

AHCB:
This is exactly how Boko Haram started and before we knew what was happening, it grew into something even the founders of Boko Haram can't control.

This is to inform all people of South East Nigeria, that if you don't resist and call this idiots to order, you people will be the ones at the receiving end of all the mayhem that will ensue.

Thanks for your concern.

Penguin2:
When will this same energy be deployed against bandits?

Bandits are cleansing non Hausa-Fulani people from the North.

Every right thinking humanoid knows there is no singular possibility of this attack coming from IPOB. If you know the area in question, you will have no doubt this was a rude joke by Government agents.

And they chose an area they were safest at to do this unfunny film trick.

Na my guy I been dey teach how to drive. This MF after him begin think say him don Sabi, he nearly reverse car wey I dey inside enter canal.

triple996:
where did Muslims steal 4rm Christians?

Are we not seeing Kasuwa areas there the muslims stole from Christians after that infamous riots.

You added some areas the Muslims stole from Christians after the riots.

Okafor's Law, nothing new here.

AlPeter:
What's the Nigerian establishment? You still don't know your enemy. If you do your approach will be different. The so called Nigerian establishment is made up of the entire nation and every tribe there. And no matter the love a tribe have for the igbos they will defend their lands if the igbos bring war to it

Bring war to the East? Your enemies don't need to do that YOU are already doing a very good job at that.

But Igbos are not allowed to defend their land abi? Keep crying but know this, when it degenerates into a tribal war, I go follow fight!

Abascoh:
Where is uzodimma? This one that no one has heard from him, is the supreme court governor alright?

I read something on Twitter today, apparently the UGM jirated for good 30mins around the roundabout infront of the government house, before going to ransack the police headquarters. If that is true, I think we will not hear any rubbish from Uzodinma in a long time, he might even convert to IPOB.

Monogamy:
You should rather ask the coward unknown gunmen to come out from their hiding and face the security forces without getting innocent people involved

Did they not come out to face them? Why did the security guys take to their heels on sighting them, with their heels touching the back of their heads.

manychallenges:
I've been experiencing wetdream everyday for more than a week now. Should I be worried? Is it even normal to having wetdream at 27?

Should I even call it wetdream because not like I've been having sex in my dreams. Would just wake up and notice the boxer have soaked with semen.

I ain't sexually active and with no girlfriend for some years now, and I hardly have sexual thought before I sleep.

Konji.

Miracood2:
sad bro.. drop the ticket

B99TCZPERTCES-3016118

Sufferingboy:
I am stupid for sharing my view?

No you are stupid because you are stupid. Big difference!

Sufferingboy:
Did I mention Igbo here? Why are you igbos like this?
Later una go say others hate una.I was only discussing my view as regard the south-south,now you chaged it to Igbo.
Perhaps,this biafra thing is an Igbo thing.It is very clear you guy want to create another version of Nigeria where you can oppress the smaller tribes.

You are a stupid Igbo person, that is if you are actually from Ika.

Miracood2:
sad bro.. drop the ticket

Just checked my lost tickets and I can't even find that very ticket. Weird.

Tottenham ruined a life changing ticket for me today.

IfGodbeforus:
A government for Fulani by Fulani and to Fulani. This is what the Pmb government is all about.

It is Yoruba that empower and emboldened these Fulani.

completeskills:
If this was in Nigeria. You would have seen newspaper reports like" Mystery illness kill hundreds in remote village ".
People should know that everything that look like food is not actually food.

So who told you that fish is still not edible? You can compare Africans that actually cook their meat/fish to Europeans that might even eat it raw.