Peppysco:


Mr. Vitalis, I do not have time for your watery type of engagement. Have a good day.

Oga define floatation of currency let's compare to what cardi b did and you are running

Peppysco:


Really You mean you don't understand what it means to float an idea, plan, policy or strategy, don't do this ti yourself dude.

Define floating please then let's compare it to what cardi b did abeg I want to check something

Peppysco:


You're not even half smart in any way. The CBN floats a policy to curb speculators and saboteurs like you, the result which is evident for the world to see as you guys are shedding tears everywhere and you claim it to be something wrong, you're not well, my brother.

You said who floated naira?

Lmaooo define floating

Peppysco:


Come to think of it, if what you claimed in your comment is what the government is doing, is it not done in good faith, to strengthen the Naira? Yet, economic saboteurs and enemies of the state like you are frustrating the efforts for your selfish personal gains. Yet, you are always the one to scream to high heavens how bad the country is bla bla bla. Don't worry, continue to hold your Dollars, when the time reach to cry, handkerchief nor go reach to mop your tears again, na mopping stick you go need by that time.

Does it matter if it's good faith or not?

Doing something wrong in the best of faith won't get you any good result


You APC guys are 0% knowledge 100% wishful thinking and emotional blackmail

garfield1:


Oga,50k is a big boost to petty traders,hawkers,roadside traders.majority of businesspeople are those nano and smes not the big shots sir.not everyone starts big.nano businesses employ more Nigerians than those big businesses

Yes ooh that's APC thinking

Give 50k to 1 million people to keep them poor instead to give 1 billion to 50 business that would create 1000 high paying jobs , that can pay back the 1 billion loan so you can repeat the scheme over and over again

Lol petty traders... APC u guys know nothing about economics at all

ogododo:
FMDQ data indicated that the Naira depreciated to N1,234.49 per US dollar on Monday compared to N1,169.99 on Friday.

Similarly, the parallel forex market tumbled to N1200 per Dollar on Monday from N1,100 on Friday.


The development comes after the Naira depreciated three times last week after months of gains.

Recall that the Economic and Financial Crime Commission resumed clamping down on cryptocurrency platforms in Nigeria amid the recent rise of the Dollar in the FX market.

Although analysts blamed the depletion of Nigeria’s foreign reserves for the Naira depreciation, the Central Bank of Nigeria, Governor Olayemi Cardoso, said it is due to foreign loan repayment.


As of April 15, the country’s FX reserves dropped to $32.29 billion.




https://dailypost.ng/2024/04/22/again-naira-depreciates-by-n64-against-dollar-at-forex-market/

We have more reserve na

They just got another $2.1 billion loan

Them go defend tire

garfield1:


Lol,that was a rarity.less than 5 industries or sectors compared to the quarterly interventions that the APC government has done.over 10 mil Nigerians have benefited from the masses oriented APC facilities compared to the elitist and selective pdp stuffs.all sectors of Nigeria have benefited from the APC govt

10 million people benefited from 5000 ?

Bros abeg this argument is reducing my IQ

You give people 50k , 5k is what you are comparing to majority credit facility given to industry that would create millions of jobs pay back it's loan

If we get $150 billion GDP after tinubu president then we did a fantastic job

plumcomm:
emefiele floated the naira too?,he moved to stop multiple exchange rate too? Or this administration has given more licenses to ghost BDC’s…make dem open some of una skulls make we see wetin Dey inside self.

Lamo who floated the naira? Lmao APC boys sha

Yes there was move to stop multiple exchange rate, BDC arrest n ko

Yes there is nothing cardi b is doing now mefie didn't do

garfield1:


Oga,the yacht has nothing to do with Tinubu but purely a naval affair.tinubu is doing the right things that obi can't help but admire.no govt in Nigeria history has intervened to help the private sector like this sir.the only thing obi did was to attract breweries he has shares in.fidelity bank had a turnaround for good after obi departed

Are u joking?

Are you for really?

Where in the grave when PDP government gave banks $3 billion plus intervention funds?

Where you in the grave when Nollywood got 500 billion?

Special loan for Nigerian oil industry?

You call $75 million funds SMEs intervention? Lmao APC people and poor mind

garfield1:


Lol,I've been into businesses but maybe not like you but still tinubu is a better leader than your obi...
It is good you agreed that good roads influences cost meaning having good roads is a good thing.it is part of aides to trade.when a govt provides a good platform for businesses to thrive like tinubu is doing,the economy will prosper even if govt doesn't intervene financially.

How do you guys think.. Roads are important but there are things government can do that have more impact yhan roads

How u guys can't get this is beyond me

garfield1:


Oga,does it not occur to you that if there are good roads from the ports to destination points,goods will be cheaper? Does it not occur to you that if trains are ferrying goods from apapa to Onitsha,prices will go down? How many times did importers complain of the gridlock and bad roads around apapa and surroundings,Benin ore road? Have you forgotten that goods in Lagos are cheaper and when it gets to ss,it becomes costlier because of transport cost and are you not aware that if the roads are smooth,transporters will reduce their fares? Can't you fathom that food roads in the north is a principal reason why goods are cheaper there?
Tinubu himself is a real businessman not a Chinese infatuated trader like your principal.are you aware dapo abiodun and badaru abubakar are top businessmen and notable members of the chamber of commerce? A lot of the politicians you see are top businessmen before venturing into politics.tinubu has been friends with men like elumelu,bua cement,indomie,dantata for ages.tinubu was mentored by Abiola who was Nigeria richest at that time.pandora no reach

Obviously you haven't done business before... Transportation cost is less than 5% the cost of a product


Like I said u never do business before

garfield1:


Oga road is a basic infrastructure.how will goods be easily transported if there are no good roads? You mean you are not aware that transport cost affects prices of goods? How will people move about easily in bad roads? Are you aware that rail facilitates quicker movement of goods(heavier goods that vehicles can carry)? Have you realized that countries with stable economies and decent GDP have a good transport system including rail?
We can agree that buhari somewhat mismanaged the economy but tinubu is remedying the situation

How are the imported goods getting to the buyers

Have any businessman told you road is his top 10 problem?

How can you know the issue of businessman when there is no businessman in his cabinet

garfield1:


Oga,human development and Infrastructure go hand in hand.theres no rule that says one can't be more than the other.the govt right from 1960 has been dolling out money to businesses,to what end? All the govt needs to do is to create an enabling environment for businesses to thrive by providing security, infrastructure,enacting friendly policies,discouraging importationetc.these financial interventions are done on ad hoc basis and are to be repaid sir.

To what end? That's what grew your GDP to $565 billion

You stopped for 8 years it falls to $252 billion

Infrastructure that's needed are basic essential infrastructure, health, education, the rest should be built when it's needed not when it's wanted

And most importantly when the people can afford them

Train need people to break even and get well maintained, trains need ticket of $5 to 10 dollars to achieve at... Building a train when your GDP per capita is foolishness

garfield1:


This is a careless talk just the way obi talks.are you aware that the Lagos Cali road is PPP and will mainly be funded by HITECH? The fg counterpart funding will be spread within our budget for 8 years while the 200 bil naira grant is cash readily available?
Obi that knows so much,what did he achieve in anambra

Lol u want to shift goal post abi

Your money for infrastructure can't be more than your credit facilities for your business community and u want growth

Anambra state is one of the few states in nigeria that's a shining light in every good index of human development

garfield1:


Oga,as of then you had up to three judges in the apex court unlike other zones that had one or two or none yet you guys wailed heavily.check the thread

I dare you to publish the list of Justices of the apex court them

RenaissanceGuy:
How does 22 being average come close to 13-15 you earlier said?? The ones who finish at the ranges you quoted are probably 3 in 10,000,000.

Yes but those 3 are reason you don't but a minimum age

They are once in a generation brains, they are world changers

Newton was done with all his invention by 25

How you guys don't get it so crazy

People finish sec school at 13 , 14 so what should they do

And you complain about brain drain

garfield1:


When buhari appointed 8 apex court judges in 2019-2020,you guys wailed.

Are you aware South East had no slot in supreme Court? Are you aware South East had the lowest number of judges ?

TOPMAN4LIFE:

It's like you have not been following news.
There are many roads rehabilitation and construction going in Nigeria presently .
Even, work is still going on with the east west road that presently connect Lagos to calabar.
It's just that the road can't be upgraded to the standard of super highway.
The new road will reduce the distance between Lagos and calabar.
We don't need to spend a whole day on the road if the road is straight

So why not fix the roads, use the money to boast the economy

garfield1:


The ministry of trade has just launched 75 bil for smes and another 75 bil for manufacturers with 50 bil for nano traders

$75 million dollars for SMEs
And $50 million dollars for nano businesses

But 1 trillion for road that can't break even
$1.2 billion for rail way that can never make profit


And you guys wonder why our GDP went from $565 billion to $252 billion?

You APC guys know nothing about economics

RenaissanceGuy:
. Not true. My online sources say the average age for university degree acquisition in the US is 22.

Do hok know what average means?
Can't you guys google? Is it not free where you live?

TOPMAN4LIFE:

If you cannot pay, there is an option for you to follow the already existing road,
It's a super highway that is meant to make our journey fast and smooth.
I have stayed in the south South for many years, I know what we face to travel to South West.
A lot of good times is wasted because of hold up and bad road.
Even govt is also planning super highway between Lagos and Abuja
Developed countries also toll some of their roads, you people just like to criticize but when they give you chance to be in charge, you will do worse

So why not fix the roads we have already

garfield1:


No,I mean there are other national posts where a marginalized zone gets more slots than others,you guys will wail forgetting that they are filling their quota

Give me example I dare you

garfield1:


We know but if it was the other way round,you guys will wail.

Wail that everyone got same slot?

I dare you name one thing or one time South East hasdemanded more than our fair share

I dare you

helinues:


SE got 5, SS got 3, SW got 4

No noise about marginalization here but na CJ taking bribe allegations.. Perhaps the 5 appointed Judges from SE also bribed their way according to your logic

There is a slot per zone, there is a minimum amount per zone they are just replacing people from the zone

Moroccoguy:


Simply put, the state governor cannot be trusted with state police, what happened to state electorial commission under their guild.

But corrupt president can be trusted

CodeTemplar:
Is it the states that are waiting for Abuja handouts that will equip and pay police? The need is there but the means is clearly lacking.

The ones that can't pay can use federal police

Allow those who can pay and equip their police to have

Is that difficult to understand?

TOPMAN4LIFE:

You people just like to criticize what you know nothing about because your Oga is playing dirty politics,
What is the achievement of Peter Obi in Anambra State that made you to think he will perform better as a president.
South South deserve the best and they have been neglected in the past.
The money for the road is not wasted because it's going to be recoup through toll later .
Other road projects are still going on alongside.
Nigeria deserve great and landmark project like this, it's even small compared to what developed nations have built.
Not like mediocre bore hole project that peter Obi built in the north that looks horrible and doesn't last

Toll you say? How much would the toll be let's do the maths really quick

Re you ready to pay 5000 toll for the road? How much toll are u ready to pay?

nairalanda1:


I respectfully disagree

Chinese students finish secondary school at 17 or 18.

USA is roughly the same.age.

Ditto many developed countries. UK still does something called a level before you enter university.

The 13 year olds you hear finishing school? Rare ones. Some do well, some collapse. There is one of them,an American , who got a.phd in astrophysics at 19 self. People were predicting great things for him. Today he does manual work.

I even know of two Nigerian kids who went through school fast like that. One of them managed to get to masters level before he cracked.

Most students overseas are 17 or 18.when they reach university. Any child graduating before 16 was rushed.

Of course they are rare they are special breed, those are the people who change the world

Most people would get admitted by 18 by the way why the restrictions

garfield1:


Ok,the fg will dismantle the two bridges then since the eminent leaders that have been agitating for that bridge since 199) don't know the economic importance

Lamp dismantle the bridge, economic power of Onitsha is not tied to the bridge na

The bridge has zero economic benefits zero it's just a feel good project

Dismantle it we would buy ferry and ferry people and cars across... We are igbos na what's there

I'm china , USA and other developed countries people are finishing university at 13,14 , 15,

Some even get PhD at 19 , 20 21

Yet we want to Hold our own back till they are 18

Honestly federal government should allow states handle their education system abeg

You guys can keep making minimum age 30 even

If you can pass weac and jamb at the age of 10 I see no reason you should be denied admission honestly

Highest it should be restricted to school close to guiden

OJODEL10:
This is Nigeria and we should be happy to see new development
Though we are to complain of abandon projects which is tantamount to wastage of resources and waste of time
If your region is been marginalised or neglected we should complain instead of not seeing good thing in what our leaders are doing. Thanks and god bless.

.do u think that road is what we need now

U think it's how to kick start the economy?