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Business / Re: FG Outlaws Black Market FOREX Transactions by Nerdnextdoor: 5:55am On Oct 25, 2023
Talk is cheap.
Politics / Re: Why Must Rufai Oseni Always Argue With Every Guest On Arise TV? by Nerdnextdoor: 2:16pm On Oct 20, 2023
That's what makes the show interesting, the debate and arguments.
Business / Re: What You Need To Know About CBN’s Lifting Forex Restriction On 43 Items by Nerdnextdoor: 4:07pm On Oct 15, 2023
ON POINT!!!
Dogalmighty17:
Believe the rubbish above at your peril. What business does the cbn have with the parallel market? The parallel market exists simply as a result of the failure of the CBN to make dollars available so people have to source for dollars elsewhere. The simple truth is that Nigeria is not earning enough dollars. The profligacy and wastefulness of the Jonathan and Buhari government is beginning to catch up with us.

The billions of dollars being stolen from this country has brought Nigeria to its knees. Instead of addressing the thieves, the APC and PDP rather chose to embark on borrowing mindlessly. These loans have to be paid back and serviced in dollars. Presently 96% of Nigerias earnings are channeled into debt servicing. Which useless and stupid CBN governor has been in charge for the past 12 years? That fool Emiefele.

There is nothing the CBN can do now. The present CBN governor is very senseless with this poorly thought out policy. There are better ways to seek harmonization of both the parallel and official market. In the first place, it is even wrong that selling of currency is even a business. That is a very fundamental failure for any Central Bank.
If the CBN can't guarantee availability of dollars in the official market then this policy is as useless as it comes. The parallel market only responds to the official market. The dollar didn't cross 1000 naira until Tinubu came up with a supposed harmonization policy. We all see what a disaster that has become.

BUHARI WAS AN ILLITERATE WITH HIS IMPORT RESTRICTION POLICIES. HE KILLED NIGERIA.

Every economy has things it produces cheaper than other countries. So it is advisable to dwell on what you can cheaply produce and import what another country can produce cheaper. Import restriction policies are failed policies. Nigeria will never be able to produce rice cheaper than India and Thailand can. Restricting imports only forces the prices of inadequate local supply to rise. Just as we have seen local rice do. Multiply this scenario across a number of other sectors and then you understand what damage Buhari really did.

The ban on poultry importation pushed so many people into poultry business. This created a huge demand for poultry feed that the feed making companies in Nigeria still can't meet with. The result, high price of feeds, which leads to high price of birds and eggs at the point of sale. The present price of a crate of eggs is twice what it was at the end of Jonathans tenure.

Nigeria has too many built-in economic efficiencies. We do not have the knowledge base for tertiary industries and secondary even. We can't drive a 21st century economy primarily on subsistence industry. Government can't keep paying lip service to science and technology and expect things should change. It is far easier to steal and which is what our political class have done and keep doing. I have nothing but utter contempt for them.
Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Nerdnextdoor: 3:33pm On Oct 15, 2023
No amount of Bribery or Chokole/expo will get you a First Class. The attainment remains an achievement grounded solely on merit. And First class for Engineering, huh! Nor be Beans O! For experience, Prior to his appointment, he served a lil while as a special assistant to Dave Umahi, the minister of works. It is imperative to bear in mind that FERMA operates within the ambit of the Federal Ministry of Works' purview, hence rendering him subject to the oversight and guidance of the Ministry. Of course there are more aged n more experienced Peeps out there. But let's see what our Fellow youth can bring to the table before we start castigating the lucky fellow. The principal predicament afflicting this particular region lies in its proclivity for adhering to antiquated individuals and methodologies when confronted with contemporary and perpetually advancing predicaments. In truth, the optimal solution to these challenges primarily hinges upon innovative, novel competencies and concepts.
Swagsultan1:


The problem is not his age but the lack of experience. This guy finished NYSC last year. The idea of a board chairman is to have someone who from his wealth of experience would guide the management of the organization in taking major decisions and also be like a bridge between them and major stakeholders. That is why you see banks and other private organizations appointing retired generals and royal fathers as members of their board.

3 Likes

Jobs/Vacancies / Re: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by Nerdnextdoor: 12:44pm On Oct 15, 2023
We decry the dearth of opportunities afforded to the younger generation. Yet, when these openings emerge for them to showcase their potential, we now lament their tender age as incongruous with such prospects. Let us wholeheartedly endorse our own, extending them the opportunity to substantiate that indeed, the youth possess commendable contributions to proffer. Let us do so, irrespective of the tribe or creed from which they hail.
Elsueno:


I don't care even if na triple first class dis bro get, He is not qualified for that job...I know nepotism and favorism is like a tradition in Nigeria. But at least let's not pretend dis kind of thing is OK.. We do dis kind of crap as a country and expect things to magically work.

See d way some people are even planning how to manœuvre & manipulate d pikin for jobs & favors..d old corrupt civil servants go manipulate dis pikin well well to do thier biddings. While children of average Nigerians in thier 20-40s can't even get a level 7 job in same FERMA.


As usually, let's continue praying & worshipping d political elites as they buy almost N200 million cars & give u guys a derica of rice as palatives..perhaps God would send angels from heavens to fix things. I come in peace grin

7 Likes

Nairaland / General / Re: Transformer Explodes In Plateau Community, Many Feared Dead by Nerdnextdoor: 4:13am On Oct 15, 2023
Thanks Boss, For clearing the air on this! I have come across dozens of blown-up transformers during my IT days, non has caused such fire damage to surrounding houses, Damages are mainly within the transformers fence or at extremely close proximity.
Rtk4:
Please ignore the news... Nepa brought a very high current which caused many houses to burn. The people who lost their lifes where caught up in the inferno of their various houses... That's where i stay.
Career / Re: Woman Loses Her Corporate Job After Revealing How Many People She's Slept With by Nerdnextdoor: 8:25am On Oct 14, 2023
Well, She's pleased to have been fired. No more Boss control. She hated her Corporate Job and her side hustle became very lucrative so quickly. I wonder why she still held on to the corporate job before she was fired.
Travel / Re: My Uk Visa Was Rejected, What Did I Do Wrong by Nerdnextdoor: 7:18am On Oct 14, 2023
Very correct 💯
kunle75:


They just gave you an expo on how to cover your track next time you apply .
Make sure all the point raise in this rejection letter is addressed.
They will surely give you once those are done.

They're biased too,due to our long history of japa and documents falsification.
I applied in 2010 they refused me base on low account balance and fast forward to 2023,already residing in the states, I applied this time 10 days later they send my visa into my mail box with no documents attached except my GC and invitation letter.
I visited Liverpool,Birmingham,London in 1wk and left. I plan to visit when my class is on break next spring or summer hopefully.

Don't give up
Travel / Re: My Uk Visa Was Rejected, What Did I Do Wrong by Nerdnextdoor: 7:16am On Oct 14, 2023
"We plead that you kindly use your good office to Grant him entry Visa." A well established company actually won't plead for Visa. You earn it!

"Your outmost cooperation in granting him entry Visa will be highly appreciated."

Saviourplease:


He did, this is the letter from the Group Head, HR

1 Like

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