₦airaland Forum

The BLACKMAIL is on, IMF wants FOREX policy changed

I was expecting it, the BLACKMAIL is ON

vizkiz:
I don't smell broke, I am actually broke and Why do you even think I give a furck who likes me or not

Na temporary situation, u go HAMMER anytime soon n de will flock around like.....u know

This man is truly a lover of OGOGORO n PARAGA...
Lagos Calabar rail n Dino Melaye which is of better economic value

Very useless EKPO UNAM IKOT

Seun:
Professor Soludo. Emir Sanusi Lamido Sanusi. Any Nigerian economist who is respected abroad. They are largely in agreement.


First of all, here's a list of 6 economists who predicted the meltdown: interblack.com.

Having said that, you seem to misunderstand the predictive role of Economics. Economics cannot predict exactly what will happen in the future because that depends on the policies politicians chose to implement, but it can predict what will happen if they implement particular policies.


Yes, it drove Russia into recession, [url=http://chinadigitaltimes.net/2008/09/beijing%E2%80%99s-burden-a-slowing-china-bodes-ill-for-the-world-economy/]slowed China's growth[/url], and strangled India's stock market.

1. Really like the fact that your chose NIGERIANS and both men in particular, both men approached the economy from different perspective under the different regime they served. Was there any continuity? If Godwin is simply implementing this regimes agenda I guess it okay to say he is no mainstream economist but an "off-stream politician", abi

2.Thanks for the info about the SIX economist but really the six of them weren't considered as mainstream judging from the reception they got before the meltdown

And this is the predictive role of economic PMB and his team are on track with, and
they know exactly what will HAPPEN with the policies they are implementing

3. To the West and its financial vampires (IMF World Bank JP Morgan Goldman etc) RUSSIA is ever in recession, but do the RUSSIANS share such? For the past 2decades no country growth has rival Chinas growth. India Stock like every other country will rise, fall and rise but the effect on their general economy which is not import neither foreign dependent never took a toll on the masses

OGA sir, PMB is on track him sabi wetin him de do

TheGoodJoe:

I tire. Udom Emmanuel was a Billionaire long before he became Governor. He completed this house fast because he is now closer to home.

it is too early 4u to be taking UFOPUFOP n MONKEY tail combination

If he is STEALING money he is requesting 4loan
DEACON CROOK

TheGoodJoe:
[b]FAAC disowns Okonjo-Iweala; denies approving withdrawal of $2bn Excess Crude funds


Commissioners of Finance and Accountants General of the 36 states of the federation on Tuesday distanced themselves from claims by the former Minister of Finance, Ngozi Okonjo-Iweala, that they were part of the decision to withdraw and spend $2bn from Nigeria’s excess crude oil revenue account last December.


"It has come to our notice the statement credited to the former Coordinating Minister of the Economy and Honorable Minister of Finance, Dr. Ngozi Okonjo-Iweala, that the Federation Account Allocation Committee (FAAC) approved the withdrawal from Excess Crude (Foreign) Account the sum of Two Billion U.S. Dollar ($2,000,000,000.00),” the commissioners said.
“This statement is far from the fact and is misleading,” the statement said.

The FAAC meeting for November 2014 ended in confusion when the then Minister of State for Finance, Bashir Yuguda, could not explain how the balance in the ECA had dropped from $4.1 bn at the end of October to $3.1 bn.

http://www.premiumtimesng.com/news/top-news/186229-faac-disowns-okonjo-iweala-denies-approving-withdrawal-of-2bn-excess-crude-funds.html
[/b]



Jonathan ordered me to withdraw $2bn from ECA to pay fuel subsidy – Okonjo-Iweala

Dr. Ngozi Okonjo Iweala, Nigeria’s former minister of finance said on Tuesday night that the $2 billion she was alleged to have withdrawn from Excess Crude Account without authorisation was used to pay for fuel subsidy on the instruction of former President Goodluck Jonathan.
http://www.pmnewsnigeria.com/2015/07/08/jonathan-ordered-me-to-withdraw-2bn-from-eca-to-pay-fuel-subsidy-okonjo-iweala/

Tell me why JONATHAN aint history DUMBEST President

M

Seun:
I have no problem with trade deals, but anyone who thinks this will strengthen the naira is confused. The only thing that will strengthen the naira sustainably is if we export more (or if the price of oil recovers). Our honourable president's well intentioned voodoo economics didn't work the last time and won't work this time either. He needs to listen to mainstream economists and follow their recommendations. Economics works.

Mainstream economist like who? The World Bank, IMF or who excatly? How many economist foresaw the global meltdown? Did it have any effect on the CHINESE RUSSIAN and INDIA government?
How many financial CROOKS in wall street have u seen jailed?
PMB u are on track, developed your indigenous policy, stick to it n DAMN all "text book recommendations from so called MAINSTREET ECONOMIST", n watch naija smooth sail into El-Dorado economically.

NobleAngell:
Seems Chinese people don't know that our Nigerian men marry underage girls. If this was in Nigeria, the girl's mother would have pulled her daughter away.

See yah mouth! Noble Angel ko noble angel ni
Akproko woman

Stupedinluv:
Seen it but thats just a kind of assumption. What if the first two lines are irrelevant.

If 30 is the ans, the question is wack.

Its more of LOGIC

Stupedinluv:
Where did you see two 11s

Look deeper n logically U will see it

30

LadyExcellency:
I make bold to say that the highly rated professor is emphatically wrong in this one.

Does it mean that NDDC is illegal since it was totally opposed by the Executive and made to exist by the courageous NASS that overturned Obasanjo's veto?

Democracy is a representative government and moreover, Buhari wasn't an independent candidate.

Her EXCELLENCY I put it 2u that U got it TOTALLY TWISTED

The height of FOOLISHNESS

This man is beyond USELESS

Serves her right, very greedy n selfish thing. That's how de start, b4 u know it de graduate to "Mrs" MADAM protect ur own as long as u can tolerate d He-goat

RESHINE ni RESHAN ko
Criminals n Nonentities with no iota of SHAME

TB Joshua n OYAHKILOMEH 2great FRAUD

drss1:
make i ask question: who summits supplementary budget to nass is it d president or a minister in wat capacity in channel did ameachi submitted his supplementary budget to d senate

Bro there was an original, a supplementary and awareness of the rail project by the legislators like Senators( Gbenga Ashafa, John Eno n Sabi Aliyu)
Dis ur "in what capacity n channel" no concern amended/ supplementary budget
Abi u think say d likes of PMB OSIBANJO n UDOMA nu know wetin dem budget

BeardedMeat:
The three men obviously give you a lot of nightmare.

Nightmares ke! Goats fit thread Lions den no make me laugh

It must be an MTN line, BOKO HARAM network

vascey:
While we insult each other we fail to highlight the salient points.

The Honorable Minister while defending the budget to the committee of land transport presented a supplementary budget to them.

That is the point in contention.

Question: Is that the way to resend budget to NASS? Is it appropriate for Amaechi to send the updated copy of the budget to just the committee while excluding the other members of NASS? Isn't there a due process for this kind of correction or amendment. Was it followed? Is it reasonable to assert that since the committee on land transport had been provided with a fresh budget, therefore the entire members of NASS had been provided the details?

Simple accounting and finance knowledge would tell you that assuming Total T remains the same, once X is credited somewhere, same X must be debited somewhere else.

What did Gbenga Ashafa do when he was presented with a budget different from that presented to his colleagues?

The wailers are quick to say FG is confused while the zombies are quick to point fingers at SS/SE.

What a shame! This whole freaking drama is a shame.

The shame is on those legislators who deliberately removed the projects after being given the supplementary budget, this is the 8th assembly and majority of them know how the systems works
2wrongs can't make right, the legislators r CROOKS n they had ulterior motives...the SHAME is on 'em

zone20:
President buhari and his entourage has just arrive chinna. His visit is aimed at securing greater support from Beijing for the development of Nigeria's infrastructure, especially in the power, roads, railways, aviation, water supply and housing sectors. Buhari and his entourage which include the Ministers of Agriculture, Water Resources, Transport, Defence, Power, Works & Housing, Industry, Trade & Investment, Federal Capital Territory, Science & Technology and Foreign Affairs, will return to Nigeria by the weekend.

http://www.musbizubeat.com/2016/04/president-muhammadu-buhari-arrives-china/

PMB SLEEK STEADY n SURE , U r on track

Original or Supplementary budget the rail project merit its passage as long as the fund is the fund is there, the myopic legislators were simply thinking of the EGUNJE they were to benefit
Moron_s like Akpabio n Ben Bruce just make up the numbers they r like JONATHAN, ineffectual buffons

PassingShot:
Read what you've written yourself and decide if you're making any sense.

The issue is, was a supplementary budget submitted for the rail project or not?

Did the Land Transports Committee receive the inclusion or not?

Did the committee submit the budget to the Appropriation Committee or not?

Was the project fraudulently removed by some legislooters from the final approved budget or not?

Now, look yourself in the mirror.

Bro I tire no be small

Courtesy FAYOSE

More time or not, U DASUKI n SARAKI r DEAD MEAT

Forwetinnah:
You dey beg person wey empty-hen* dash free mb to come rant for NL. Save your begging mbok

Ah IKPA I know sabi say u be TIGER self?

Tiegarr:
I need to meet up with you.. Give me your addy... So I can physically beat some life into your dead brains..

Ah abeg O!!

Forwetinnah:
Yeah right....he refused to sign because they removed his egunje money. Please tell this hogwash to people who are interested. The same man who through Ameachi stopped the Maritime project in Delta and the 2nd Niger bridge now wants a rail from Calabar-Lagos? Na today we dey hear boooooohari tori?? Abeeeegiii!!

Maritime Academy Oron should have been given 1st priority b4 any other
2nd Niger bridge is still on going, very well taken of in the 2016budget
EGUNJE na PDP things