₦airaland Forum

eph12:
We shouldn't worry ourselves with what the banks are doing. If they like they can sack thousands. We have the N-Programmes, abi what is the name, to absorb everyone.

that line of thinking right there is why we are in this mess.

bonechamberlain:
Everyone is singing true federalism, but would buhari listen.

you don't need Buhari for true federalism. you only need 2⅔ nat'l Assembly not 2 foolish old Agip men

bonechamberlain:
Everyone is singing true federalism, but would buhari listen.

you don't need Buhari for true federalism. you only need 2⅔ nat'l Assembly

rheether:
By 2020, I will go into Agriculture full time.

why not by next planting season

tuniski:
U are certainly joking, right?

did you count .simple question

erusen:
I have done that ,u mention 3 disadvantages

I do not bother blaming my tools anymore. waste of time. I just learn to use it and get to work.
I can function even in a full blown dictatorship.
heck even if the country descends into Somaliaesque like chaos.
I can still make it work if I wanted to.
and. there in kids the rub, nobody wants to make Nigeria work, yet. everybody wants Nigeria to work for them

erusen:
I have done that ,u mention 3 disadvantages

no you haven't.
you mentioned what you believe are advantages.
I asked for characteristics to ascertain we are even on the same page.
many people talking about true federalism just heard it somewhere without even finding out what it means.
just like we allowed oyinbo to scam us with democracy.

if you really want to debate.
point out the features of federalism and I will show you we already have it but you choose not to see it cos you are too lazy to do the work.
you're all looking for ready-made system.
no such thing my dear

DEAFandDUMB:
A new day has come..

Good morning to all the great thinkers out there.. How was the night?

Please lets preach peace and not war.
Eddygourdo and mikolo80, please lower your swords so we can do justice to this topic as one big family..
Please..

abeg no vex but pikin wen no receive good training we hats teach am outside.

luciouscookie:
Let's blame Gej then.

not this time. this time it's on the banks.
Buhari did not stop them from diversifying their portfolio. they've had decades to do so but instead chose to play musical chairs with our money. dem tink say banking na by clean shave or antelope high heels

luciouscookie:
Let's blame Gej then.

not this time. this time it's on the banks.
Buhari did not stop them from diversifying their portfolio. they've had decades to do so but instead chose to play musical chairs with our money.

proeast:
His policies, actions & inactions are at the root cause of the economic implosion. The dullard is responsible!

Pls could you mention 5 actions or inactions

eph12:
The banks are only reacting to the present condition of the economy which is coordinated by the economic team headed by Mr President. They are not in the business to make loss so I don't blame them.

what is the economic situation.?did Buhari mispend oyel moni for 60 years.?

did he refuse to build refineries?
did he refuse to diversify the economy for 16 years?
do you even know what an economy is and how it is organised?
is this how you will be reasoning if you are made a special adviser?
no wonder the old timers have refused to hand over to the ''leaders of tmrw ''

ZoggingMaster:
I'm not here for politics but from what you said, you are the intellectual slowpoke. If the Bankers Committee approached the CBN as stated, does your educated mind not tell you that it's their way of responding to the pressure of the current economic crisis ushered in by Buhari’s administration? SMH

did economic pressure tell them not to limit exposure to govt money for 40 years. did Buhari tell them not to invest in Agric sector over last 50 yrs. did crisis force them not to provide mortgages for potential good owners.? and youre talking about morons. you my friend are the slowpoke.just like the idiot banker I suggested this to and he refused to look up from his BlackBerry telling me banks can't afford to finance industrial clusters. I'm very sure you're a banker who lacks intellect

redcliff:
Read his comment properly and understand. He talked about cause and effect

what cause what effect.are they not the cause of the effect?

redcliff:
Read his comment properly and understand. He talked about cause and effect

what cause what effect

linusbnn:
You did not read where they wrote to reduce staff/expenses?. If the economy is good,bank will employ more to capture the mrkt.

nothing wrong with our economy but lazy bankers, lazy leaders, lazy voters. who hold them for 30 to 40 years that they did not diversify their exposure to govt money. which of them invested in Agric or industry or housing. now the music has stopped they are scrambling for chair to sit down. it's not govt fault that they were hiring staff that added no value. (no be by part time prostitutes).

Reference:
They are responding to government's policies, haba, you too are slow. Government sets the pace of everthing. They should reverse TSA until the economy starts moving again. You don't create hurdles in a contracting economy, period, think man, think.

so banker's who could not diversify our economy in 60 years should be given more time to sink up further into penury. hmm, I see..... so this is tied leaders of tmrw tic. them Ibb were talking about. no wonder the country is in a mess

oluyale:
the push for a more cashless society is never Buhari's policies, I have been in this industry, and I can tell you, banks have always advocate for a more cashless transactions to reduce cost. What we are saying is, there is cash in the atm machines, there are pos in the superstores, theres is Internet banking for transfers.

So the less you come and do physical withdrawal the better for banks. Though I wish they can say it, in Nigeria Language

yeah cos white man said so. do your research. USA has 2 or 3 trillion in cash. but generate about 19 trill in credit. just imagine the spectacularity of the next economic crash. go ahead keep pushing for Illuminati New York disorder agenda.as for me I will invest 90%of my money in ''real things '' (farms and factories) so that I will have something to barter when the SHTF

bloodyBLOGGER:
i was about commenting about the same thing when I saw your post. Don't mind those mischief makers who are willing to do anything to justify their call for secession. They don't know that adding lies can never make them achieve biafra.

Look out how they carefully omitted stating the region of some names who are obviously Northern. They do this just to make it seem like the north is cheating the south. Though the north does that but not on this occasion

the mumus have senators and reps and commissioners in national character commission o. them no ask those ones Wetin dem de collect pay for o. they forget they have more civil servants from their side than any other region o

Pavarottii:
Chei... people still not seeing d prob is from d head?

how. please in simple finish explain how its Buhari fault

5minsmadness:
If u no dey smell am then make u go treat ya nose!

better start baffing with St soap.

Hahahahahahaha no more ponmo sharing moni for this slowpoke govnor

naijaking1:
Which one is a lie?

did you count the list. How is 19 northerners out of 35 ethnic cleansing

MRSALT:
Buhari has finally destroyed the most robust economy in Africa just within one year. Some people will come now and say former administration is the cause. But in the history of Nigeria, there are times we had no foreign reserve and the sell of crude oil was as low as $35 dollars per barrel, yet banks did not regulate the amount of cash an individual could withdraw. May Nigeria never go Greece way. If you do not understand, the banks are indirectly saying 'there is no money' because people are withdrawing cash from their accounts in order to buy dollars from the black markets . Now, banks have no dollars to sell and they have no cash to give you.

is Buhari a member of bankers committee. Why do you not read bfor you comment. It was in the first two lines. You cannot possibly be that lazy

absolutism:
so basically the Igbo's committed no direct offense, right?

nope except for being greedy and not thinking by recruiting only themselves into office like say the rest of the country are stupid.

otipoju:
Its easy to hide behind a keyboard and type... time will take care of everything. Gay ass punk

yo mama

SherlockHollmes:
When earthquake strike those thing you see there will turn pile of rubble

and rebuilt in months

LePrezident:
I believe that every guy and lady in a romantic relationship should most likely not shy away from Public Display of Affection (PDA). You should be able to peck, kiss, hold hands and even cuddle in public. You shouldn't be using shyness as an excuse.

Most people who use shyness as an excuse to avoid PDA are most likely cheating and don't want to be caught by other interests in public.

I have accompanied this post with a picture of Governor Wike and his wife in a lovely PDA position. This does not in anyway suggest that I am a Wike supporter, in fact I'm more endeared towards Amaechi (but that's story for another day), however I commend Wike''s public display of affection for his wife.

na wia faggotism start be dis

Get stuck in.

proxillin:
I was just thinking about the unthinkables. What if oil dries up in the Niger delta? That question sounds disturbing and every Nigerians would not want it asked or answered. Its sounds like an end of the world scenerio.

Now let's face this inevitability. You might be saying Niger oil will never dry up. Accepted and agreed.
But we should consider a scenerio where all oil firms run away from Nigeria, due to war or Avenger like happenings. Or If the whole world discovers oil. E.g. American shale oil, new Lagos ocean discovery, chad basin, Kenya and Ghana joining oil producing countries. The way countries are discovering oil and more auto makers are considering chemical and renewable energy e.g Tesla, oil will soon be as cheap as water.

So if it finally happens, are we gonna die ? What are we benefiting from oil as a nation? I am yet to see any. The oil we put in our cars and generating sets is imported. We have been importing fuel since time immemorial. And the crude oil we dig from our soil ? We don't know where the money goes to. Yes we don't ? I personally don't know.

We do not have electricity, where is the money going to?

We do not have good roads, where is the money going to?

There is no secuty, where is the money going to?

No food security or consumer price protection, where is our oyel money going to?

We have bahd bado badest of eduction in the world, where is our oyel money.

I can say it courageously that I have never benefited anything from the crude oil.

I pay for the oil I use...not free and not cheap despite the fact that we have crude oil.

I pay for generating my own electricity

I pay for my health care.

I pay vigilante because we do not have police and security.

Let's consider some countries without crude oil. UK, Japan, China, Germany, India, all European Union have no oil, yet they are the richest and world power. Oil doesn't make any country rich. Oil just make a few people/politicians and cabals rich.

If we drop oil, what will happen?

When they were deliberating on removing oil subsidy, people were doing as if they are gonna die. They removed oil subsidy, yet we are still living. We are still importing our oil just like every other countries without oil.

We are just a bloody oil importer. We don't have refinery.

We should go back to the drawing board, we need to diversify our economy. We are blessed.

What do you think? Do you think we can't survive without crude oil..our oyel

we are not paying serious taxes

Rossikk:
Your ''simple'' answer is the problem. We always love ''simple'' answers requiring little thought or change of perception.

Even Jonathan with all the corruption in his govt, built 12 brand new universities in the country. Built railway systems. Got the trains working. Remodelled 15 airports. Built and revamped many roads. Why did corruption not prevent all that? But it prevented power from improving? You people overstate this corruption issue. There is more to the power issue than corruption. I think the same issue affects our steel industry as well. No matter how honest and well-meaning the govt in power, Ajaokuta never gets fixed.

Who wants to stop Nigeria from becoming an industrial power?

the other industrial powers

Rossikk:
How come bad governance and corruption did not stop govt from building thousands of schools, hospitals, universities, roads, bridges, flyovers, airports, stadia, etc, since independence? But for some strange reason, power output seems to stand still? That makes no sense.

those are liabilities not assets. You can supply a whole Ferrari but 5 missing wheel nuts or spark plugs will make it junk .