₦airaland Forum

HAH:
My sister is not the politicians but our people, politicians are reflection of the people in the land. We need a change in attitude in every sphere and at all levels

HAH:
Yes my sister, USA and China are equal to a continent, come to think of it China is about 1.4billion in population and Africa is 1.2billion, one good thing I like about china is they used their population to their advantage, some 15 years ago china was not the second economy but Japan but they have not just overtook them but doubled them, this is where I want Nigeria to take a cue, we are the china of africa and we can follow the china model for growth taking advantage of our population and natural resources, the most important resource among resources is human resources which Japan, china and USA are making a good use of.

HAH:
Alaska(USA) is 1.7M sq km
Xingian(china) is 1.66M sq km
Tibet(china) is 1.22M sq km

And

Nigeria is 923k sq km


That is talking land mass, talking about economic size is going another long story

iwatch:
create a paypal account and switch to DCC within your paypal account.

otokx:
You can deposit dollars in your domiciliary account but be ready to explain the source when called upon.

yaki84:
i dont blame d banks, i blame bank customers.

How much forex do cbn give to banks daily?
Some customers will want to use 200 peoples slot alone.

Also cbn shud uplift d ban on dollar deposit, i keep saying this nigerians hv enough dolls in their bedroom but they cant take it to the bank.

Hardeysolution:
Which one is Buhari again nah? The staff protested and called For the help of the President, what again? ASUU is a group of senseless and jobless staff who under the ASUU does fulfil their political motive. No wonder Oloyede asked Unilorin to leave the association. I believe this wasn't now. It Is close to two months. So what is the wahala?
ASUU rejects Oloyede as jamb registrar
ASUU dis ASUU dat.. .ASUU must go.. .tired of ASUU nonsenses

SirJeffry:
Exactly my position. The two are disaster. Trump surely will give Hillary some surprise at the polls believe me.

konklud22:
seriously ,
I will go for Trump ,,,..... cos come to think of it,
Hilary has been involved wit the government one
way of the other for close to 30 years , and wat
has she done?
.. I think she z part of d cabal DAT brought
America into there present mess!!!
let trump get his own chance ......
IMO

HAH:
USA and China are suppose to be continents not countries, there are state in both countries that are more than Nigeria, my respect goes to Japan, despite it small size it is the third largest economy, largely due to utilization of human resources

All along, the governors of PDP, led by Nyesom Wike of Rivers State and his counterpart from Ekiti, Ayodele Fayose have not been part of the peace deals struck by Makarfi and Sheriff.

udemejack:
i have always said it that PDP are not yet matured to be called and opposition party...shoot me if you like

It is now a norm for politicians in Nigeria to shout that they are being witch-hunted and persecuted whenever allegations of corruption are made against them. It seems judicial officers have learnt this unproductive tendency from allegedly corrupt politicians.

4nobody4every1:
Plus they believe in Mama Peace, Jonathan and all those who have looted and kept the country on the floor and auto reverse, Nigerians deserves the kind of leaders they get, nonsense

989900D:
My other ID has been sent to the "azher room" by mods, Mo'.

Well, like you said 300-400 looks more practical for now till there is increase in oil production, and hopefully close to $60/barrel Brent.

That said, the recent N400 plus dollar is largely due to saboteur, hoarding, speculating, and general racketeering of which the banks are major players in collaboration with some CBN staff who actually do own some of the BDCs. Then we have the small and big time hoarders and round trippers. A lot would depend on how the CBN checkmates this.

At the moment, $15,000*week*3,000 BDCs is already working in just roughly a week of commencement, if the earlier recommended $50,000 or more*week*3,000 BDCs can be done ($600m per month of the projected $2.9b thereabout per month expected from diaspora remittance), it will bring the rates to well under N380, actually less, depending on some other factors i.e. CBN's proactive response, hoarder's response to their falling stock, and some other factors.

On the longer term, if the rice and general agric initiatives yield positively, and if the over $100b in investment commitments Kachikwu, Adeosun, and Emefiele got from their trips to Asia, Europe, and North America would trickle in (a 40 member delegation from China should be in the country any moment this October to put their money where their mouth is), and we can have some of our assets sold or leased soon enough, it will help MASSIVELY with the Naira situation going forward.

We need investments in our Oil and Gas sector, Rail, Power, Housing, Roads, Agric, Car manufacturing and other Manufacturing to make the Naira practically strong.

Ultimately, our best hope (considering how good we are at making simple stuffs be rocket science) of getting out of the woods while we figure other exports bringing in Forex is, Dangote refineries and Fertilizer plant and power plant, the other refinery in Akwa Ibom, NNPC leased or PPP refineries, the other ones coming up in Okolola and Ogun state which all combined, can refine over 1.4 million barrels of crude; enough to eliminate our Forex needs for refined fuel with a lot more to spare for exports (earning Forex from refined fuel export) -- that will be our major game changer -- that, with the earlier listed, can bring the Naira to as low as N100 to $1.

GaniLAb:
I don't know if I should address you as a lady or madam but the bottom line is that " I respect you a lot" you are one of the view people I visit nairaland regularly.

saintandsinnerz:
RIP in English

Qmerit:
I'm Buhari Supporter come rain or sun!
I can't hold it than to say you nailed the truth
What ever you serve Bless You.

BALLOSKI:
well , since they started giving out forex through travelex , it seems the Naira is gaining strength by #10 every week (from #500 at parallel market to 440) , so you can see where my assumption is building up from. If they don't allow the thieves to hijack this intervention and cause scarcity and speculation, I think this should do the magic.

BALLOSKI:
This their latest intervention seems to be working magic.


Before new year , if it continues like this, Naira would have gone back to 200/1$.

sarrki:
I can't but admire you day after day

I doff my hat for you

SamuelAnyawu:
Everyone with half a brain knows FFK was lying and trying to use win Nigerians sympathy....

Yes you can win the sympathy of others but not me. you can't ridicule the family of the Great Ikemba of Nnewi Dim Odumegwu Ojukwu and expect me as a true Igbo Son to support you.


Mbanu


Have your ordeal Mr Man

TheArchangel:
Please reread the post you quoted. Don't be in a haste.

TheArchangel:
Is that all?
Trying so hard to believe somebody. EFCC is known for spins and media trials so it is quite hard to believe them.

TheArchangel:
Is that all?
Trying so hard to believe somebody. EFCC is known for spins and media trials so it is quite hard to believe them.

Abagworo:
Error. I even quoted Tekno and still wrote yam. Lol

abokibuhari:
huh, dont tell me you wailing....

still dont get it, anytine i quote you i get banned. abuse of power is not good, learn to have a thick skin

onatisi:
The simple solution for pdp is to compromise,accept Jimoh as the governorship candidate and jegede as his deputy.

Progressive01:
See one yuuf up there wants to kill himself screaming igbo when no one has mentioned any tribe here.

His conscience is ripping him apart.

MayorofLagos:
Mo,
Who is this intended audience, are you inferring my-inlaws?

Snapchat:
OMNIPRESENT