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Business › Re: Exchange Rate Post Biggest Ever Gain, Closing At ₦‎742/$1 On I&E Window by nedekid: 7:19pm On Jul 19, 2023

DomPerignon:
FG should begin recalling most of the currency in circulation printed from thin air by Emefile through this Forex window.

This how the FG can utilize the Forex to remove excess liquidity from circulation and drive down inflation.

The only people betting against the naira are Buhari looters who , without Emefile's protection, are now moving their loot through the Forex window .

No genuine business will bid so high for Forex in such a challenging economy. What do they want to import that they are desperate to bid so high for Forex?

In a few months, if the FG compels the CBN to withdraw all excess liquidity from funds raised through the FX open window bidding, the naira will regain to about 350-400 to a dollar.

Oga, I predicted naira will fall against the dollar despite subsidy removal and other moves after Emefiele left. The reason is that all the warehoused funds kept by politicians for the last elections, but could not be spent due to the cbn new naira policy will now flood the forex market.
A prominent politician was alleged to have over 150b, some governors, 30,50,70b etc all in cash. Obviously, those monies will now be changed to fx for easy handling, for export etc. Funny enough, this administration has lifted the cap on domiciliary transaction, it even makes it easier for the money "warehousers" to change and keep some in their dom acct.
As you said also looters from the old admin are also doing theirs.

1 Like

Education › Re: Work Only Twice A Week, Until FG Increases Salary By 200% - COEASU Directs Membe by nedekid: 6:30pm On Jul 19, 2023

brainbox34:
May 2023 - full tank 15k
June 2023 - full tank 45k
July 2023 - full tank 55k

Same car, same fuel, same country…

Foto! No be juju be that?

Politics › Re: Reno Omokri Celebrates Peter Obi On His 62nd Birthday (Throwback Photo) by nedekid: 6:27pm On Jul 19, 2023

This charlatan.

1 Like

Politics › Re: Peter Obi Celebrates His 62nd Birthday In IDP Camps In Mangu, Plateau State by nedekid: 4:05pm On Jul 19, 2023

Gandrova:
He is a mad man because he lies too much

Politics › Re: Peter Obi Celebrates His 62nd Birthday In IDP Camps In Mangu, Plateau State by nedekid: 3:56pm On Jul 19, 2023

DeadCountry:
Mad man. You are doing one nigeria when those you are doing it with are only interested in regional and hate politics.

You call Peter Obi a mad man? Politics aside, can you see someone like Obi and have the "moral" or guts to refer to him as mad? Even Tinubu cannot call Peter Obi a mad man.
What are your personal achievements to call a billionaire, majority owner of one on the biggest banks in Nigeria, chairman of several bluechip companies, a former 2 time governor, former chairman of Nigeria security and exchange commision etc a mad man?
I agree with you someone is mad in this instance, it certainly is not Obi.
Look at the mirror.

1 Like

Crime › Re: Abuja To Delta: I Didn’t Steal Car, Only Test-Driving – Suspect by nedekid: 3:28pm On Jul 19, 2023

TakeNigeriaBack:
I did NOT steal the meat, I ONLY transported it from the pot to my stomach.

1 Like 1 Share

Romance › Re: Ijaw Bride Moody On Their Wedding Day Despite The Rain Of Money On Her (video) by nedekid: 3:23pm On Jul 19, 2023

N3TRAL:
It's their tradition for a bride to frown for an extended period while she's sprayed with money by the groom, his family and friends.

The proper display of the custom during their traditional weddings is to appear unhappy as long as possible until she's satisfied with the money showered on her.

When she's satisfied, she will smile.

That's a very happy bride whose husband will be drunk with her pvssy juice during honeymoon.

A lovely couple.

Exactly.

Politics › Re: Petrol Sells For ₦‎700 Per Liter In Kwara by nedekid: 3:15pm On Jul 19, 2023

sotall:

This increase shall favour me and my family

Abi, being fit from trekking, riding bicycle na huge favor. grin

Politics › Re: Peter Gregory Obi Celebrates 62nd Birthday by nedekid: 8:52am On Jul 19, 2023

yarimo:
The man UK immigrations are looking for

But has visited UK more than 10 times.

1 Like

Politics › Re: ₦‎620 Per Litre: This Isn’t What We Voted For, Tinubu’s Supporter Laments by nedekid: 12:17am On Jul 19, 2023

Ijaya123:
President Tinubu has no control over the price of fuel. Those days are gone FOREVER. Market forces now control the price of petrol. So, the pressure should not be on the President over the cost of fuel. Let the Independent Petroleum Marketers Association of Nigeria deal with that.

What we should pressure the President on is the minimum wage. The current minimum wage of ₦30,000 is grossly inadequate when compared to the current cost of living in Nigeria. President Tinubu calls himself Asiwaju, meaning the progressive that leads the way.

It is not very Asiwaju-like when Governors are unilaterally increasing salaries to help workers cope with the rising cost of living, and Asiwaju Tinubu has not led the way. Nigeria's minimum wage should be increased to at least ₦75,000. And President Tinubu must lead the way in facilitating that. Or he will soon lose the huge support base he started off with on May 29, 2023.

Reno Omokri has said it all.

Make minimum wage 200k, it will only cause more inflation. Fuel will become 5k per liter, naira will loose more value and become like Venezuela or Zimbabwe currency.

1 Like

Politics › Re: Tinubu Should Drive MTN, DSTV & Shoprite Out Of Nigeria - Reno Omokri by nedekid: 10:30pm On Jul 18, 2023

Mumu post.
Other countries should also hit Nigerian businesses in their countries too abi? They should hit dangote and all his cement plants all over Africa with taxes so they can take over his factories. They should also take over Nigerian owned banks, GTB, Zenith, acess etc located in other African countries right? What about Nigerian owned businesses, small shops in Ghana, south africa etc. They should chase them out with taxes and take over abi.
Nigeria is seeking foreign investments, he wants to chase investors out.
Dumb ass Reno.

Politics › Re: Tinubu Bows To Pressure, reviews N8000 Cash Transfer, Unveil Other Palliatives by nedekid: 10:22pm On Jul 18, 2023

alanto:
Surely igbo people won't be satisfied.

Leave igbo prople out of the matter, they will get along just fine. You personally, are you satisfied?
Even those that can afford it are still feeling it.
Fueled two vehicles today for 90k.
Ie weekly, 180-200k spent on 2 cars. Is it sustainable?

Politics › Re: IPMAN Gives Reasons For Increase In Fuel Pump Price To ₦‎617 Per Litre by nedekid: 1:26pm On Jul 18, 2023

Diligent1:
We must all join hands together to make Nigeria better.

We use to say that years ago, which was a patrotic thing then, but now, it's every man for himself.
If you possible, grab what you can and japa. That is the reality on ground.
A 60 year old man was telling me he is processing his masters in UK to japa. A grand father on level 14 in Lagos civil service, that has put in over 20 years. He was also asking of care route to relocate. It is that bad.
The politicians don't give a hoot. One bought 2.5m usd flats for 2 under 25, also 11m usd home for under 30. Is that who gives a Bleep about Nigerians based on the current reality on ground?

3 Likes

Politics › Re: IPMAN Gives Reasons For Increase In Fuel Pump Price To ₦‎617 Per Litre by nedekid: 1:17pm On Jul 18, 2023

airsaylongcome:
Is a devalued currency a bad thing? Or is the issue that we don't manufacturer and export anything. The Japanese Yen is exchanges for ¥138 to $1 and the Japanese economy is.doimg great. On the other hand, the Turkish Lira exchanges for TL26.97 to $1 and the Turkish economy is in shambles.

Who told you we export nothing? We export oil, gas etc.
Go to just rite, shoprite and you will see 80% of products there are locally manufactured. Go all over west Africa an see Nigerian goods. All over Europe, UK, usa, enter shops and see Nigerian made products.
If you have been to turkey, I bet you won't say their economy is in shambles.

1 Like

Politics › Re: IPMAN Gives Reasons For Increase In Fuel Pump Price To ₦‎617 Per Litre by nedekid: 1:12pm On Jul 18, 2023

Diligent1:
Nigeria is buying dollars to import these petroleum products which devalue our Naira, our custom officers should braised up and stop the smuggling of these petroleum products to other countries because it is affecting our Naira.

These other countries should also buy dollars to import their petroleum products, Nigerians are suffering.

Customs officers are also Nigerians that have families to feed. They also buy fuel, foods stuff, pay school fees etc. The issue is affecting them too as their income can no longer sustain them.
Do you then expect them to stop the outflow of petrol when they will make money by allowing it pass through? Most likely, they are the barons sef.

Politics › Re: '$50m Power Plant In Lagos’ll Drive Economic Growth’ by nedekid: 11:24am On Jul 18, 2023

Gajagojo:
It is better to keep quiet if u do not understand what is being talked about?

The question was Who is borrowing

You are talking about AMCON

What is the connection

I do not ha e patience with ignorant folk want to pretend they know anything

Who is borrowing here and how much?

Do you have that information? If not shut up

Have you finally "released" from your ranting like a rabid canine?

Politics › Re: Asari Dokubo’s Flaunting Of Weapons Highlights Inequality Before Nigeria’s Law by nedekid: 12:58am On Jul 18, 2023

TemplarLandry:
You don't know for sure if the gun he brandished was registered or not.

You cannot register an assault rifle in naija.

Politics › Re: '$50m Power Plant In Lagos’ll Drive Economic Growth’ by nedekid: 12:40am On Jul 18, 2023

Gajagojo:
A loan? Who is borrowing?

Can you give an example of one loan Amcon has bought

One example please?

Oga u sef try use Google.

Crime › Re: 28-Year-Old Lady Found Dead In Lagos Hotel After Night With Lover by nedekid: 5:28pm On Jul 17, 2023

Nazgul:
It could be a deliberate murder by the guy. Maybe they had an argument which escalated to a fight and she was hit and died immediately.

It could be that the lady had underlying health issues and most likely died during their intense sex romp.

It could be that the guy used her for rituals.

We would never know. But since the guy made payment to the hotel through bank transfer, it shouldn't be difficult for the police to trace that account, get his details and have him arrested.

You will know when an autopsy is done.

Crime › Re: How Exactly Are This Young Guys Making It(yahoo Boys) by nedekid: 1:41pm On Jul 17, 2023

McStoic:
Interesting! Oga Bawa come and arrest this man. He is a confirmed suspect . Jokes apart, you know too much to be deemed innocent

I am from the future, 2023 July to be precise, Bawa is under detention for crimes similar to those he arrested yahoo boys for.
E shock you?

1 Like

Crime › Re: NDLEA Arrests Europe-Bound Teenage Student With Drug Concealed Inside Crayfish by nedekid: 8:20am On Jul 17, 2023

Nothing concerns me with drug users as manufacturers as far as it is for local use and does not affect my family and friends.
The one that pains me pass is the international one, where few unscrupulous folks destroy the image of the country, preventing the progress of other Nigerians having legitimate business abroad.

1 Like

Politics › Re: Stephen Mouka "Eluu P" Signs Endorsement Deal With Rianis Property by nedekid: 8:12am On Jul 17, 2023

Man with voice and skills (handwork).

Health › Re: Amb. Maxwell Stephen Nweze Marks Birthday With Free Medical Outreach In Enugu by nedekid: 8:11am On Jul 17, 2023

What makes him an ambassador?

Agriculture › Re: With 50 Cows 20 Years Ago, I Now Have 1,000 - Idris Isa Bawa by nedekid: 8:01am On Jul 17, 2023

Onuoha1234:
I am an architec[ since 1961. I feel proud of h>m. I am in Snail Rearing the s>mplest cleanest operated without hectares of farm land, I have designed a system only yet in my backyard named as Stacked 'Cages Snailery Module that will hold 400 breeders in area 6ft x 12ft. You can! operate it part-time because snails eat at night.They rest 20hrs, My design for MEGA SNAIL COMPLEX will hold 576000 snails on just One Acre land.I invite you to join me.

Since 1961 you have been an architect?
Goodmorning sir, hows the family?

Agriculture › Re: With 50 Cows 20 Years Ago, I Now Have 1,000 - Idris Isa Bawa by nedekid: 7:56am On Jul 17, 2023

SHiNJA4RMDWEST:
Other countries are boasting of technologies ,new inventions ...

This head slamming cow is boasting of rearing cows like him ...

No wonder this country is going backward..

Anyway God bless the good people of Southsouth and Southwest..

SE nko, God should not bless them?
Also this guy's farming is a welcomed development. Atleast let us give him kudos for practicing ranching.

Politics › Re: Gbadebo Rhodes-vivour: Pray For The Nigerian Judiciary In The Next 2-3 Weeks by nedekid: 2:57am On Jul 17, 2023

princeade86:
Am still reflecting on this...

In 2006,the EFCC Chairman Nuhu Ribadu, before the Senate, listed 5 govs as the Worst Stealing Governors as:*

1. Orji Kalu , Abia State
2. Ahmed Bola Tinubu , Lagos State
3. Ahmed Sani yerima , Zamfara State
4. George Akume, Benue State
5. Abudulahi Adamu, Nassarawa State

Today, in 2023, 17 years after.

Orji Kalu = Senator
Bola Ahmed Tinubu = President
Ahmed Sani Yerima = Senator
George Akume = Senator now Appointed by Tinubu as SGF.
Abdullah Adamu = APC Chairman.

The then EFCC Chairman Nuhu Ribadu that did not prosecute Tinubu, appointed by Tinubu to be Special Assistant on Security

The Senate is currently headed by another EFCC regular, Senator Akpabio still under prosecution for stealing billions

🤣🤣🤣🤣🤣

Nigeria is under siege, corruption is winning...

This is a classic case of
FOTO, NO BE JUJU BE THAT?

Romance › Re: Photos Of A Cute Couple Who Met On Nairaland by nedekid: 12:22am On Jul 17, 2023

eliyke:
Lyk I always say,all dis inter-tribal wars in nairaland are for d poor nd jobless people here,always online 247.. immediately after election mc oluomo visited e-money, even if tinubu nd obi meet 2day dey will shake hands nd even hung each other....

Walai, you said it all.
Who was the first person Tinubu visited after winning? Elemelu.
People at the top, expecially those chopping money are not tibalist, they only use tribalism to further their political ambitions, drawing sentiments from "simple" minded people.
Me in my small hussle looking for daily bread, my stuchest customers, my most loyal workers, have never been folks from the same ethnicity with me.

Romance › Re: Photos Of A Cute Couple Who Met On Nairaland by nedekid: 12:17am On Jul 17, 2023

Congratulations fine couple.
A breath of fresh air on nairaland news.

1 Like

Politics › Re: Tribunal: EU Has Put Judiciary Under Pressure By Lanre Adewole by nedekid: 11:49pm On Jul 16, 2023

A very celebral piece.
It is glaring to the blind that there was heavy inconsistency, open and not hidden rigging, almost never seen impunity, voters intimidation in the last elections. First time ever a president is crowned with roughly about 12% of votes casted. Howwww huh

, where in the world has that happened in the last 10 years worldwide?
Anyway, as the politicians and interest groups say, let us leave it and move ahead for peace to reign. I think so too, but will this stop?
Anyway, guess this one is "too much" for Electoral monitors and aid donors to overlook.
Some will say the EU, US etc I indulge in our affairs, well, others will argue that the current political party and president did not see is that way when they had those same EU etc put pressure on the then GEJ administration. Buhari won by 53% of votes casted, compared to the current 12% of the current president!
Anyway, if there is pressure on the judiciary, we do not know. Afterall, na travel ban or asset freeze. Bottomline, must they travel? Most deny they even have assets abroad in their icpc or code of conduct filings. So what is the big deal?
Well, we know nothing pains a big man more than not being able to enter first class or private jet to go abroad to "rest" or visit their personal doctors, I'd rather say to shop on the highend shops, the Harrods, slaks 5th Avenues etc.
Places regular middleclass Nigerians (seeing poverty ahead, no future have all ran to, becoming healthcare workers, drivers, cleaners etc) will never have the capacity to shop in.
Finally, let the judiciary do what is right before man, God and finally their conscience.
We must accept their decision and end the matter, either it favors your candidate or not.

Career › Re: How Can A Single Guy Manage ₦‎25k Salary In Port Harcourt? by nedekid: 11:16pm On Jul 16, 2023*

Ashirioluwa:
Honestly, I don’t know how a man can manage 25k with the current situation in this country.

I know some people will accept such a salary because they are tired of sitting at home and are desperately looking for jobs, and some of the so-called employers are slave masters who capitalize on the unemployment situation in the country by offering employees unlivable wages.

Most of these slave masters who call themselves employers are also not willing to pay more than what they already have in their heads. Some will even be happy if you offer to work for them for free.

Oga, I do not think anyone will have a thriving business and decide to pay pittance, unless as you say, they are slave masters.
Eg, imagine a school charging 20k school fees in some downtown area. People cannot afford to pay any more and even struggling to pay the 20k fees. How then will the owner of the school afford to pay a teacher any more than 25k monthly?
Let me use my bar for example. For certain reasons, eg, no more parking spa ce, there was heavy decline in sales, yet expenses kept running as usual. The tax people, local gov people, Nepa, generator fueling etc, yet I kept the place open for over 1 year, paying salaries, running expenses from my personal pocket or my other businesses. Eventually, I did accounts after 2 months and found a huge shortage. At the same time heavy rain damaged the roof. Omo, I fixed the roof and lockedup the place. You cannot imagine the relieve I have felt.
Unfortunately, those workers are now on the street.
Point is, so many businesses are struggling right now, anywhere someone finds to put his head, survive, make contacts, you never know where it leads. Better than sitting idle doing nothing.

5 Likes 1 Share

Career › Re: How Can A Single Guy Manage ₦‎25k Salary In Port Harcourt? by nedekid: 10:49pm On Jul 16, 2023

Maj196:
Rather stay jobless that than sh*t money. Else you just dey work for transport

Better to still go out than stay at home. From there he could get other opportunities.

3 Likes

Celebrities › Re: No Nollywood Actress Makes Money Only From Acting- Rachel Lawani by nedekid: 4:12pm On Jul 16, 2023

OK, we hear you.

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