₦airaland Forum

I never get ooh which ministry or agency you dey?

BakireBulmaker:
E pain am!
hahahahaha
jibos are cowards.
chikena!!

lol Oya what is funny here?

Fulanis don buy market, I trust Igbos!! fulani think say nah we Yorubas wey dey fear hahahha make I call my Igbo friends to confirm if na true!!

hahaha lalasticlala, obinoscopy, mynd44 this thread is currently 3 on the front page? any interior or ulterior motive?? any explanation? Hmmmmm I laff in chirahawawa!!

Zombies shebi amnesty international na ipob abi ipads?? am sure they will say yes Kai life of a zombie!!

what is even the point of killing them and burning those stuffs, when they can be used for clues that might led to intelligence gathering?

for boko propaganda videos we dey see them with Confarm weapons as in proper artillery but when solders kill they shows us slippers, bars of soap at most they show Dane guns?? what is really happening technically??

so what proves or shows that they are boko haram members? una remember how police dey frame people for robbery atleast police go put gun for ya front to make it more real? Kai police eeeh

Zombies what do you have to say about this? abi Una don enter silent or ghostmode too?

the comments here are so funny Kia!!! like if you think so

Hmmmmm

• Manufacturers, statisticians, economist disagree over scheme

The Federal Government yesterday denied striking a currency swap deal between Nigeria and China. But the debate on the relevance of such a deal rages on.

The Foreign Affairs Minister, Geoffrey Onyeama, made the clarification yesterday while briefing State House correspondents on the outcome of President Muhammadu Buhari’s visit to China. He, however, submitted that the visit had opened a new vista for the country’s political and economic relations with China, as a major trading partner.

The minister allayed the fear that Nigeria’s recent romance with China would affect her relationship with Western countries, noting that a lot of Western countries also have strong business relations with China.

Onyeama, who was asked to explain in concrete terms the benefit of the swap said: “It’s not really a swap. What it takes is that as the Chinese economy grows strong, there is some pressure on them from the trading partners, international financial institutions. They agreed that the money should be internationalised. So, they started that for a while. They were protecting it also.

“They did not allow it to be fully exchangeable. But now, their economy is fully strong, they are looking for a way to internationalise the currency. Now, they were saying essentially that they wanted to segment it.”

He noted both Nigeria and South Africa had been selected to be the hubs of Chinese currency centres because of their large market sizes. “For Southern Africa, South Africa is going to be the hub for the currency. So, they are going to be the focal point for the Chinese to make that available for trade in that area.

“In West Africa, they are looking for a hub. Ghana is interested in being the hub for the currency to circulate for those who want to use it. It is not compulsory. But Nigeria is a bigger country with a bigger economy. So that does make sense. And they became a kind of attracted to Nigeria to be the hub. So, for us, the benefit is that it gives us small flexibility.

“So, if Nigeria is buying Chinese goods, for instance, it will be in our interest to use the yuan because we know there is a lot of squeeze for the dollar. But we still use the dollar. But if it not enough and there are some people who want to invest in the country, instead of crying that they cannot take dollars out, there might be yaun that they would be happy to take out because it is now internationalised as a currency and they can use it. So, it gives us a much larger option.

“As you know, a lot of importers now are complaining that they are not able to access the dollars to buy goods and things like that. So, if in addition to dollar, we have yaun, then they can also make it available. So, it has given us a greater opportunity for those people who now import notwithstanding the shortage of dollars. So, that is really what it’s more about rather than a swap deal or any such thing.”

Speaking on the relationship with the West, the minister said: “Don’t forget that what has helped China so fast in 30 years is because of the investments of the West in China. That is really what has transformed the Chinese economy, the Japanese, Germans and Americans. So we will not have any problem with the West. China is part of the world trade organisation and part of the international trading system.”

Earlier yesterday, manufacturers said that for the Federal Government to get the best from the supposed swap deal, it should implement the policy with caution.

Though they consider the deal timely, especially in the light of its potential to help to reduce the pressure on the reserves and the sharp demand for dollar for importation, they are worried that it could harm the country’s productive sector if not implemented in a win-win model.

They are optimistic that with the deal, importers can buy from China without dollar backing. But the manufacturers are worried that the deal could turn sour, if it will lead to the influx of all manner of Chinese products into the Nigerian market. They are deeply worried that this could adversely affect the already fragile manufacturing sector and lead to further job loss.

Speaking under the aegis of the Manufacturers Association of Nigeria (MAN), they recalled that one of the greatest challenges Nigeria has in dealing with China is in the area of trade malpractices engaged in by most Chinese companies, as shown by consistent dumping, faking and smuggling of sub-standard products into the Nigerian market.

However, the President of the Nigerian Statistical Association (NSA), Dr. Mohammed Musa Tumala has said that the currency swap deal will ease the demand pressure on the naira.

In an interview with The Guardian in Abuja, Tumala stated that the option of taking to yuan-denominated bonds sold by overseas entities would provide support for the weak naira following sliding value against the dollar, euro and others.

He added that the decision to embrace the Chinese yuan is because it is cheaper than euro bonds as part of plans to diversify foreign exchange reserves, saying also that the swap would help shore up value of the naira.

Tumala who described the currency swap deal as highly welcome development, said that government has also an agreement to offset some loans taken by the Federal Government through oil swap arrangement.

Under the arrangement, he said that the Federal Government rather than paying with scarce foreign exchange will simply repay with Nigeria’s crude. The idea, Tumala said, would give more value to the nation’s crude which is currently under- priced in the international market in addition to being refined illegally by oil thieves.

Similarly, the Chief Consultant of Lagos-based B. Adedipe Associates, Dr. Biodun Adedipe has said that the naira/yuan conversion deal has the prospects of shoring up the fortunes of the nation’s currency in the foreign exchange market.

The renowned economist said the initiative would ease trading transactions by investors in both countries, as the ordeal of converting the two currencies, first to dollar would cease, giving exchange value advantage to the traders.


China currency, Yuan has potential to help to reduce the pressure on the reserves and the sharp demand for dollar for importation. PHOTO: BANK OF CHINA.

He explained that the swap arrangement has been an issue “that has been in discourse for almost three decades, when Nigeria began to examine the possibility of diversification of the portfolio of accounting currency for her external debts in 1997.”

The President of MAN, Frank Udemba Jacobs, articulated the position of manufacturers in an interview with The Guardian.

“We may not be talking of enhancing cooperation in the production of goods unless our government goes the extra mile to encourage Chinese investors to set up production facilities in Nigeria. If they produce in China and export to Nigeria, the position will remain the same,” Jacobs said.

He stressed how Chinese companies enjoy low cost of production, considering their large-scale production and availability of sound supportive infrastructure while Nigerian manufacturers have to grapple with a lot of infrastructure and other challenges.

He went further: “Chinese businessmen bring their products into the country and even carry out retailing of the products themselves in Nigerian markets as could be seen at the Kano textile market. There are also retail outlets of Chinese products constructed conspicuously in many parts of the country, called China Villages.

“Unfortunately, the construction of the various China Villages and massive influx of all sorts of cheap and sub-standard products such as lighting bulbs of different variations, plastic products, clothes/clothing materials and shoes point to the fact that Nigeria is fast becoming a dumping ground for Chinese inferior products and an extension of Chinese market.”

According to Jacobs, apart from good infrastructure which is taken for granted, Chinese manufacturers enjoy long-term loans at single-digit interest rates, in contrast to what obtains in Nigeria where the average interest rate is 23%.

“Production for export is highly subsidised in China as against Nigeria where the export grant policy approved for manufactured exports, for instance, has been suspended since 2014.”

MAN observed that these challenges need to be addressed, otherwise it would be difficult for the Nigerian manufacturing sector to produce optimally and be competitive to the extent of having a win-win situation in the China
http://m.guardian.ng/news/what-the-naira-yuan-deal-is-all-about-by-onyeama/

not that am siding saraki but I don't remember Buhari's asset verified?? his lost land in Port Harcourt??

whiterat:
can you design good website for 2500 @naijaefcc

I would have done that for you when I dey school but now bro, I can't, look around here in nairaland webmaster section abi programming section or create a thread am sure you will get someone to do it, atleast better than the present one, cheers

Virginkpekus:
Sai baba, I still remain a buharist. Nothing can change me

baby I fit chop ur kpekus?

lol I recall when we used this kind of rats (wislter albino rats) for my undergrad final year project years ago. but Op commot money (2500) give guys make dem design better WordPress website for you nah? e better pass wix

fear the North!!

Of all the reasons to protest against in Nigeria na this one dey hungry you abi? them don mobilize Una abi kindly tell me how this protest will reduce the fuel price? improve electricity? create jobs? stop NASS from spending our money on cars and other Nonsense like wardrobe allowance?? saraki should face the music if he is guilty, I don't care if na witch-hunt or wizard hunt!! period!! Nigerians are now wise!! by the way u get light make I come charge my phone!!

Hmmmm my brother you don leave humans dey advice metals? use see wetin this Government dey cause? OK what is your advice for lead na? abi na only coppers u get advice for?

do you mean metals? OK what is your advice for lead na? abi na only coppers u get advice for?

Hmmmm

looks like coventry University she is hot tho

I don't understand, everything is confusion in this All People's Confusion government!! so are they saying that Staffs can act on their own?? and go scott free?? just like the padded budget!! nothing wey we no go see!!

lol paparazzi government!! shameless people we are almost in the middle of 2016 yet the budget which is meant to be ready before 2016 is still an issue!! if you are happy with this YOU ARE A ZOMBIE AND ENEMY OF NIGERIA!! Nonsense! When will we see pictures of Buhari commissioning projects??

What is really going on? mynd44 and lalasticlala?

Femi Fani Kayode, a former Nigerian minister, a lawyer, politician, author, member of the PDP, examines the bill, saying that it  is more evil than the deadly Boko Haram insurgency.

On April 18th 2016 Mr. Okonkwo Afamefuna wrote the following on his Facebook wall, Fani-Kayode wrote.
I decided to read a copy of the National Grazing Reserve Bill and I was surprised at what I saw. The Bill creates a council to be chaired by a Chairman to be appointed by the president. The council shall have the power to take your land anywhere the land is located in the country and then pay you compensation.
Your land, when taken, shall be assigned to herdsmen who shall use your land for grazing purposes. They shall bring cows to the land and you shall lose the land permanently to those Fulani cattlemen”.  My conclusion? This is the Sudan downloading right here in Nigeria.
On April 18th 2016 Mr. Duru Collins wrote the following on his facebook wall.
“This National Grazing Bill if passed into law will just mark the beginning of apartheid in our country. When the government of Zimbabwe collected land from the white people who naturalised there the whole world worked against President Robert Mugabe. Sanctions were stiffened against his regime even though the whites in Zimbabwe were not African by origin. In our country today there are people that are not Nigerians by origin and these people are making laws to take over our inheritance. This nation will burn once this law is passed”. My conclusion? This is Lebanon and Zimbabwe downloading right here in Nigeria.
Kindly forgive the repetition of some earlier words at the beginning of his contribution but on April 18th Mr. Gabriel Ogbonnaya wrote the following on his Facebook wall.
“I decided to read a copy of the National Grazing Reserve Bill and I was surprised at what I saw. The Bill creates a commission to be chaired by a Chairman to be appointed by the president, to be confirmed by the senate. The commission shall have the power to take your land anywhere the land is located in the country and then pay you compensation. Your land, when taken, shall be assigned to herdsmen who shall use your land for grazing purposes. They shall bring cows to the land and you shall lose the land permanently to those cattlemen.
“If you feel that the commission was not right to take your land, you can go to court but before you go to court, you must first of all notify the federal attorney general of your intention to sue the commission. Apart from notifying, you must get the consent and authority of the Federal Attorney General before you can sue. So that means that if the Attorney General refuses to give his consent to the suit, you have lost your land forever to the herdsmen. And this law, when passed, shall apply to the whole country so it means that your land in the village or anywhere is not  safe. The National Grazing Reserve Commission would have the power to take away your land from you anytime they want and pay you whatever they want as compensation (even when you don’t want to sell, and remember that for you to get compensation, you must have documents showing or proving ownership).
“So I think that we all in the South West, South South and South East must rise up and reject this Bill. We must do all things to force our national Assembly members from passing that bill into law. That bill is a deliberate attempt to take our lands and hand the land over to the Fulani cattlemen since it is only the Fulanis that rear cattle in Nigeria. That law, when passed, shall fulfill the directive of Uthman Dan Fodio and other northern leaders to take over other parts of Nigeria. I implore you to use all available means to implore your senator and Rep not to pass that law.
“That law will destroy Nigeria. All over the world, ranches are established and used to rear cattle. The farmers buy land and put there cattle there. There is no country where the land of the citizens are compulsorily acquired and given to others. This is evil, and designed to favor the Fulanis where the President comes from. We must resist the passage of that bill into law to save Nigeria, and to protect our future generations.” My conclusion? This is Yugoslavia and Rwanda unfolding right here in Nigeria.
Finally in an article titled ”The Outlaws Of Islam” (Premium Times, April 15th 2016), I wrote the following,
 “And if they are still in any doubt about where all this is heading in the Nigerian context they should consider the following. On December 30th 1964, Mallam Bala Garba told the West African Pilot newspaper that:
”the conquest to the sea is now in sight. When our god-sent Ahmadu Bello said some years ago that our conquest will reach the sea shores of Nigeria, some idiots in the South were doubting its possibilities. Today have we not reached the sea? Lagos is reached. It remains Port-Harcourt. It must be conquered and taken”.
This is an eloquent expression of radical Islam, with its pervasive use of violence as a tool of conquest and subjugation, in its purest and most obvious form.
Inspired and equipped with this supporter of APC philosophy and ethos, the whole of core northern Nigeria was conquered by Sheik Usman Dan Fodio through the use of terror and by the power of the sword in the name of jihad. Millions of innocent non-Muslims  were cut to pieces in the process.
Given the activities of Boko Haram and the Fulani herdsmen in our country today it appears that some in our shores are still interested in implementing that satanic agenda.
They wish to continue where Usman Dan Fodio stopped and they wish to ”dip the Koran in the Atlantic ocean”.
Their latest attempt is the introduction and proposal of what is known as the National Grazing Reserve Bill which will give the Fulani herdsmen the right to claim other peoples land all over the country and which will empower them by law to create their own settlements and communities in the territory of others.
Worse still under that law the government will be compelled to fund those settlements and put all that they need in terms of infrastructure in place for them. That is why our Minister of Agriculture is now talking about importing Brazilian grass for the Fulani herdsmen and their cattle.
This subtle and exceptionally brilliant attempt to infiltrate and conquer by guile and assimilation reminds me of the frightful laws that were put in place in the old wild western prairies of 19th century America.
Those laws gave the white settlers rights over the lands of the indigenous Red Indians and saw the Indians themselves subjected to genocide and ethnic cleansing and herded into barren reservations that were not fit for human habitation.
It was in this way that the “wild west” was conquered and the once proud and noble war-like Indian tribes of the western prairies were subjugated and subdued.
Sadly our legislators in the National Assembly from the south and the Middle simply do not appreciate and cannot comprehend the serious implications of what they are doing by supporting this evil legislation and neither will the consequences of their naivety and folly be suffered by their constituents until it is far too late.
If that law is ever passed and implemented, two years from that time we will regret it deeply as a nation because it will result in nothing but conflict, chaos and strife between the Fulani herdsmen and settlers on the one hand and the local indigenous population on the other.
The tragedy that unfolded in Jos, Plateau state between the indigenous Christian Beroms and the settler Muslim Fulani for many years is a graphic example of what will be replicated all over the south and the Middle Belt between the Fulani and the various local indigenous populations if that law is ever passed and implemented.
As a matter of fact it will be far worse than anything that Jos ever saw. The Cattle Grazing Act will not result in enhancing unity and peace but instead it will result in division, bloodshed, carnage and chaos. My conclusion? This is Iraq, Syria and Libya unfolding right here in Nigeria.
When you create a conflict which has its roots in religion, ethnicity, land rights, the attempt to marginalize, dominate, subjugate and conquer others and the quest for liberation and freedom from slavery and bondage all mixed into one you are toying with a conflagration that will not only be horrendous and that will not only affect the whole of Africa but will not end in the next fifty years to one hundred years.
Let me be clear: the greatest evil that we are confronted with in Nigeria today is the National Grazing Reserve Bill. It is more evil than anything that we have ever seen before. It is more insidious and dangerous than anything that we can possibly imagine.
It will do more harm to us than Boko Haram and the Nigerian civil war put together and it will result in open war and   the total disintegration of Nigeria. I am speaking prophetically and I am saying this under the leading and guidance of the Holy Spirit. We must stop this cantankerous and divisive Bill from seeing the light of the day and being made into law. There are some things that are bigger, greater and more important  than partisan politics and this is one of them.
We must all stand together regardless of our political affiliation and stop this evil Trojan horse from being smuggled into our ranks by those that seek to subjugate and conquer us. We must resist those that seek to strip us of our self-respect, self-worth, liberty and dignity.
We must stand up against those that seek to destroy us and rob us of our faith and our ancestral lands.  We must say ‘never’ to those that seek to belittle and enslave us and reduce us to nothing even in our own nation.
May God help our people and our country and may He deliver us from evil.

http://www.thetalkativeepistle.com/national-grazing-reserve-bill-greatest-evil-of-all-by-femi-fani-kayode/

Babalegba:
somebody defeated militarily can still deliver blows but not telling blows.I do wish Nigerians have more sense

Oga you are a Nigerian so u need more sense as well

you see eeh Women and revenge are like this

Abagworo:
I think Buhari being a Fulani himself has the greatest of all chances to solve it. Let us support in every way we can to achieve peaceful solution because it will be a very difficult crisis if war ecalates between herdsmen and farmers across Nigeria.

Oga so you want a peace resolution after all the killings an atrocities committed by the fulani herdsmen? where is ur sense of JUSTICE and CONSCIENCE? THE FULANI HERDSMEN SHOULD BE BROUGHT TO BOOK otherwise we should apologize to boko haram and beg them for a peaceful resolution!!! IRANU!!! abeg no provoke me this morning! sun plus heat too much coupled with no light and fuel!

SirJeffry:
How few herdsmen conquer an entire community when there are youths there still baffles me?

Sneak in at night to kill people, I can understand, but displacing and taking over a community comprised of able young men is unthinkable.

Nigerian youth really need redefinition.

do you want to claim ignorance of what happened to the youths of a village in Enugu that fought back?? or you don't know? the fulani herdsmen are GOVERNMENT BACKED!!!

it is now time to call Nigerians abi? when Una dey collect wardrobe allowance even newspaper allowance you call Nigerians?? iranu!!!