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Politics / Re: 36 State Governors' Message To Gambari, Buhari’s New Chief Of Staff by NdRuby(m): 2:40pm On May 17, 2020 |
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Phones / Re: UMIDIGI DISCUSSION THREAD by NdRuby(m): 2:37pm On May 17, 2020 |
If you have iPhone X (64GB) for sale pls contact me: 08183710022 |
Politics / Re: President Buhari Renews Ben Akabueze's Tenure As DG, Budget Office by NdRuby(m): 2:34pm On May 17, 2020 |
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Health / Meet The Woman With The Biggest Beard In The World. by NdRuby(m): 5:17pm On Feb 27, 2018 |
Harnnam Kaur 23 the woman with the biggest beard in the world.
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Business / Why Nigeria Is In Recession. Fmr Finance Minister. by NdRuby(m): 7:23pm On Jan 06, 2017 |
Fmr Finance Minister: NOI I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think that if Jonathan were to still be in power, we would be worse off. The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language. Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors. After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate. Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush. To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL. In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall. To those who believe it will be worse if Jonathan is still there, you are all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their confidence in the market. The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50 billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians. For your information, if your president "continues" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking. 1 Like |
Events / Re: Little Boys Drink Beer To Celebrate Christmas In Benue State (Photos) by NdRuby(m): 8:50pm On Dec 29, 2016 |
i think this is staged, OP should be questioned. 2 Likes |
Career / Re: Prohibited Practices Under The Nigerian Medical Law by NdRuby(m): 9:34pm On Dec 19, 2016 |
herzern:
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Celebrities / Re: Photos From Linda Ikeji's 36th Birthday Party by NdRuby(m): 11:40pm On Sep 19, 2016 |
Sister Linder, May God grant you your heart desires as you celebrated your birthday, Amen 5 Likes
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Politics / Re: Distribution Of Capital Project In 2016 Budget, Omokri Reacts: A Rejoinder by NdRuby(m): 10:41am On Aug 31, 2016 |
so what is your point?[/color][color=#000099] DaudaAbu: |
Education / Re: Sure-Bet School Spotted In Ekiti State That Got People Talking by NdRuby(m): 4:20pm On Aug 30, 2016 |
I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING HIM?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING OR ABUSING THE GOVT AND THE PRESIDENCY. OR DID THEY WANT US TO BELIEVE THAT THE FIGHT AGAINST CORRUPTION IS THAT[color=#990000][/color] POWERFUL TO HUMBLE EVEN THE SUPPOSED "FEARLESS" GOVERNOR?.
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Celebrities / Re: Daniella Okeke Flaunts Her Boobs And Butt In New Photos by NdRuby(m): 11:39am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE HIM?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING OR ABUSING THE GOVT AND THE PRESIDENCY. OR DO THEY WANT US TO BELIEVE THAT THE FIGHT AGAINST CORRUPTION IS SO POWERFUL TO HUMBLE EVEN THE SUPPOSED FEARLESS GOVERNOR?. 8 Likes
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TV/Movies / Re: Fire Outbreak At Galaxy TV, Lagos by NdRuby(m): 11:27am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE HIM?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING OR ABUSING THE GOVT AND THE PRESIDENCY. OR DO THEY WANT US TO BELIEVE THAT THE FIGHT AGAINST CORRUPTION IS SO POWERFUL TO HUMBLE EVEN SUPPOSED FEARLESS GOVERNOR?. 8 Likes |
Politics / Re: Boko Haram Members Killed By Army As They Tried To Attack Soldiers From Sambisa by NdRuby(m): 11:17am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING OR ABUSING THE GOVT AND THE PRESIDENCY. OR DO THEY WANT US TO BELIEVE THAT THE FIGHT AGAINST CORRUPTION IS SO POWERFUL TO HUMBLE EVEN FAYOSE?. 10 Likes 1 Share |
Celebrities / Re: Olugbenga Wright Ojay's Nose Ring: Fans Blast Bukky Wrights Son by NdRuby(m): 11:01am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING AND ABUSING THE GOVT AND THE PRESIDENCY. 1 Like |
Celebrities / Re: Yvonne Jegede Wears Ankara Bikini (Photos) by NdRuby(m): 10:44am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING AND ABUSING THE GOVT AND THE PRESIDENCY. 5 Likes |
Celebrities / Re: Charlyboy And His Virgins Release New Photos by NdRuby(m): 10:41am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING AND ABUSING THE GOVT AND THE PRESIDENCY. 11 Likes |
Politics / Re: Fani-Kayode Blasts Kerry: "Your Statement To Sultan Is Garbage" by NdRuby(m): 10:39am On Aug 24, 2016 |
PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING AND ABUSING THE GOVT AND THE PRESIDENCY. |
Politics / Re: Protesting Biafran Members At United Nations Headquarters In South Africa by NdRuby(m): 10:29am On Aug 24, 2016 |
[b][/b][font=Lucida Sans Unicode][/font]PLEASE, I CAN'T REMEMBER WHEN LAST I HEARD FROM FAYOSE, OR HAS THE GOVT SUCCEEDED IN SILENCING THE FEARLESS GOVERNOR?, I ASKED BECAUSE THE FAYOSE I KNOW CAN NOT GO A DAY WITHOUT ATTACKING AND ABUSING THE GOVT AND THE PRESIDENCY. |
Autos / Re: A Nairalander Needs A Bicycle (what Are The Features To Look For When Getting A by NdRuby(m): 8:25pm On Jul 29, 2016 |
OP, check out this bicycle, it's 6gear and for sale, very affordable. i don't know where u are, but I'm in Lagos, if you'll like to make a deal contact: 07012812900.
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Autos / Re: A Nairalander Needs A Bicycle (what Are The Features To Look For When Getting A by NdRuby(m): 8:19pm On Jul 29, 2016 |
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