₦airaland Forum

LadyX:
Are you sure the country mentioned is not upto to your feet?
Are you aware of the following facts about Kenya?
1. Education

-There is free primary education in Kenya
-Secondary education fee is subsidised i.e the government pays part of the fee
- University students are given loans by the government to pay fees+ accommodation,etc. The loans are repaid when graduates start working.
So whether you come from a poor or rich family you can get educated easily...the only difference is that some rich people take their kids to private schools, which are expensive

2. Health
-There is free maternal health care i.e women deliver free of charge in public hospitals
-Children under 5 are treated free of charge in govt hospitals
-Accident victims can be treated in any hospital before they pay even a kobo. So this prevents unnecessary deaths....can you say the same about .. ? It's against the law to turn away a patient in an emergency situation

3. Ever heard of 24/7 electricity supply?
Electricity is cheap. People don't use generators. Think of the money spent by Nigerians in buying generators, fuels, etc. What could people be doing with such money? Developing themselves. Think of the noise and smoke from generators...think of the lives lost to generator fumes. Kenyans don't experience these

Come to think of it.. if Kenya is as bad as some Nigerian bloggers and Nairalanders want to make you believe, what were the 17 Nigerians doing there? Why didn't they leave when their visas expired? Why couldn't they renew their visas? The area that they were living in is not even a middle class suburb in Nairobi. It's just an ordinary place .... meaning they weren't able to live in places where expatriates and who is who in Nairobi live

There are so many positive facts I can write about Kenya, but lemme stop here

To all the people with negative opinions about Kenya, Google is your friend

modath:
You and the real "t*t" have nothing in common, the later is a beauty to behold, haven of pleasure and source of nourishment, while you are just an ignorant sagging pain!!

Go and find out about Visa/American Express' black and platinum cards, not the 100$ limit plastic you are carrying around, which your 1k minimum deposit gave you access to!

Tolexander:
So it was on record Sheriff destroyed a party and you imposed the same Sheriff on your party for redemption?

Fayose, I hail you o!

allanphash7:
No where else




Thighting is a scam !!!
Thighting is a day light robbery !!!
Thighting [/b]is only been paid by the gullibles !!!!




Who thighing epp seff?





[b]Thighting ko loosen ni

atirolu:
The campaign found need to be investigated

GenBuhari:
Lets for argument's sake say this senate committee represents Saraki who is the accused in a criminal case that is in court.
Lets also say that the AGF represents the prosecutor of Saraki in the criminal case that is in court.

So essentially what we have is an accused summoning his prosecutor in a criminal case that has already commenced.

Do these senators even have sense? **SMH**

Epathra:
Prof Femi Olaiya Balogun was the best thing that ever happened to UNAAB



......The architect of modern UNAAB!

Epathra:
Prof Femi Olaiya Balogun was the best thing that ever happened to UNAAB



......The architect of modern UNAAB!

bcomputer101:
E don red for dis man

slimfit1:
Receive sense in oruko Jesu.

Bizinton:
Recieve sense in Jesus name

deji15:
Politics and sentiments aside, Tinubu is an intelligent Man.

Ioannes:
what was the intention behind Fayose 's visit to China?

he must have been pained that Buhari did not take him along, so he decided to show off that he too can travel out of the country if he likes.

what he is yet to show us are the developmental programs he has in stock for Ekiti people besides distributing rice and tin tomatoes every festive season.

so Fayose , Mr olumo head, basket mouth 1 of Nigeria, we implore you to stay in your state and do the work you were voted for instead of wasting valuable tax payers' money just to go and pose being an empty podium in another country who doesn't even know you exist.

StOla:
Abiola was elected a democratic President in a generally free and fair election, only to be incarcerated for insisting on his mandate by a treasonous military regime itself that assumed power without any electorate's vote, yet you think your argument is sound that he died in prison over Treason?

A legitimate president elect is charged for treason by an illegitimate military regime that sacked an illegal interim government, and you think that is a normal dispensation of justice?
Kindly stop making foolish arguments that confer on you the title of an uncivilised human.

Remind me the incriminating evidence that was used to convict Awolowo of treason. I know there was a kangaroo court, but what was that incriminating evidence that no Nigerian, not even his political adversaries, seem to remember?

All the people you've mentioned were not pardoned for stealing public funds. So there's no comparison to be made to DSP Alamieyesiegha, who was convicted for stealing state funds. His people are rightly suffering for it without any drinkable water even in Otuoke despite also having their own son as deputy governor, governor, vice president, and president.

Kindly tell when Buhari was imprisoned for treason?
I hope you're not referring to the imprisonment when his military regime was sacked by the same military boys that put him there? How is that a treason related imprisonment? Did the Babangida regime term it so or was Buhari ever convicted by the Babangida regime, or your mind was just being creative?

When did being locked up in prison amount to being a convict without any known judgement by court or tribunal?
Were Alex Ekwueme and Ojukwu convicts because they were imprisoned by Buhari's regime, even though they were never convicted of any crime and subsequently released?

That you have friends across the country that are bigots, leaves no one surprised that you're one also. I bet your so called friends also told you they hate your own tribe too, but you suffer from such a terrible inferiority complex that you continue to fraternise with them and seek their approval. Must you look for the approval of the North to consider yourself a Nigerian with dignity?

If anybody hates the Yoruba like poo, let them know that is their own allocation of blessings. Some have to thrive while some have to be the haters.

Bevista:
Ordinarily, I should not comment on this thread since Ubah has not mentioned how he would go about it. However, for the benefit of those who might get swayed by his cheap claims, I'll say something.
---
The exchange rate (PRICE of dollars) is determined primarily by SUPPLY of dollars (through exports, FDIs, foreign borrowing, etc) and DEMAND for dollars (through imports, payments of foreign school fees/medical bills, online purchases, etc). The NET flow of these transactions determine the Balance of Payments (BOP) account with the Central Bank. Elementary economics tells us that when demand exceeds supply, prices go up!
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Coming back to Nigeria, it is well known that oil accounts for 95% of our FX earnings. As oil prices have collapsed from ~$100 in 2014 to ~$30, our supply of dollars has dropped tremendously. This is even worse when one considers that our cost of oil production is ~$20/bbl, meaning that our dollar revenue from oil has dropped from ~$80/bbl to ~$10/bbl. On the demand side, the request for imports are increasing. With such supply shock and increasing demand, there is only one way for the exchange rate to go. This is basic economics and has nothing to do with Emefiele or Buhari, except you are simply being mischievous or grossly ignorant.
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When oil collapsed from around $147 to $38 due to the 2008 Global Financial Crisis (GFC), Nigeria had a Foreign Reserve of ~$62bn. The then CBN Governor had to spend ~$20bn from the Reserves to meet import demand thereby preventing devaluation/depreciation. Between 2011 & 2014, oil price was above $100, meaning that the administration never had a dollar supply problem and so could maintain a stable exchange rate. Fast forward to late 2014 when oil prices slid to ~$60, the CBN had to devalue the Naira twice within a period of 6 months (Nov 2014 & Feb 2015) because the Reserves were too low (<$35bn) to deplete to support imports. Now in 2016, oil prices are around $30/bbl while FX Reserves is less than $28bn. The supply shock has reached unprecedented levels, yet demand for imports has not decreased. There is absolutely no way that the exchange rate can stay below N250/$. Simple economics says that price will continue to move till a new equilibrium is reached where demand equates supply.
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There is no policy from Emefiele, Soludo, Greenspan, Bernanke or any other Central Bank governor that can strengthen the Naira in the near term. Except we want to completely deplete the Reserves or go to the IMF to borrow SDRs just to meet import demands. Brace up folks, if oil price collapses to $20 (thereby increasing the supply shock) the exchange rate shall hit N1000/$ and I repeat, this has nothing to do with Emefiele or Buhari but simply economic forces. The only thing that can save the Naira is either for SUPPLY of dollars to increase (through high oil price) or DEMAND to reduce. Since we do not have control over the supply side, we can at least focus on managing the demand side.
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So Mr Ifeanyi Ubah, you have zero knowledge on what you are talking about. With all the money you made from the last government, you can start by building a refinery or some other manufacturing facility (like Dangote) to help us substitute for imports. That would help the Naira more than you seeking cheap consultancy from the government. Or except you want to broker a deal for the government to give amnesty to your Dasuki-Gate friends, so they can bring out stashed up dollars from soakaways and graveyards to support the economy.

freddaboh:
Thank God you've gotten your senses back. The fight against corruption is the responsibility of every Nigerian, it is our duty to our motherland.

drshrewd:
Lamentation of a confused and disoriented PDP sycophant

tiamiyukunle69:
Get money or die trying.....
Na wa o. All the money I paid for Six sessions in my undergraduate days plus post graduate and secondary school sef no reach the least here. In fact I go still collect change sef......
Thunder fire poverty........