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Celebrities / Re: Wilfred Mong, DsilentG, Marries Uchena In Anambra - PHOTOS by Nwapst(m): 5:29pm On Nov 29, 2016
Happy married life the Silent G. We are proud of you
Politics / Re: Buhari’s Economic Reforms Are Bold – Obama by Nwapst(m): 1:39pm On Sep 21, 2016
OP
For sake of emphasis and to shed some light, I would like to explain the following issues:
i) Yes, much money was made during Jonathan's administration, but the Governors through their umbrella body (Governors' forum) insisted on sharing the money. It was in this country that they (Gov's Forum) took Jonathan to court and eventually all the money were shared. Those Governors then, are the 'so called' non corrupt APC Governors today.

ii) I am aware that the recession was not caused by Jonathan rather by bad policies and stubbornness of the current administration. I may not have the right words, but since you quoted Okonjo Iweala, may I also quote her former colleague Oby Ezekwesili on the cause of the recession: Pls read and be enlightened

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 "kontunu" with his
unguided rhetoric, Naira will go
down to N1000/1 $. But we thank
God, he is no longer talking.

1 Like 1 Share

Politics / Re: What Is PMB Telling This Man Just Before Jetting Off To London (photo) by Nwapst(m): 5:38pm On Jun 07, 2016
Buhari is saying - Let me warn you, I dont trust Osinbajo nor Tinubu! you are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us by the side.
Politics / Re: What Is PMB Telling This Man Just Before Jetting Off To London (photo) by Nwapst(m): 5:20pm On Jun 07, 2016
Buhari was saying - Let me warn you. I dont trust Osinbajo nor Tinubu! You are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us behind. LOL
Romance / Re: What's The Matter With Our Ladies Of Today by Nwapst(m): 10:53am On Oct 23, 2014
arimahoseloka:
Get with the times.. Old timer

Do you really think its about being an old timer?? I think someone needs to think out of the box here.
Romance / Re: What's The Matter With Our Ladies Of Today by Nwapst(m): 10:50am On Oct 23, 2014
clean2: 10:10am
Repent now of your sinful evil ways to avoid spending eternity in hell fire,,,,Jesus christ love and warn you to repent and convert now to christianity to avoid hell fire when you die.


Hehehehe, bro, do you have to showcase your ignorance and frustration. Can u swear u neva had a girlfriend all your life?
Romance / What's The Matter With Our Ladies Of Today by Nwapst(m): 10:06am On Oct 23, 2014
...but there was a time in this country when all one needed to have a girlfriend was to speak good grammar and dress neat. Read and exchange James Hadley Chase, Mills and Boon, Nick Carter etc.

What's happening now because I seem to be missing something?

Politics / Re: Military Reclaims Michika, Gulak, Uba Kills And Repels Insurgent From Vintim by Nwapst(m): 3:35pm On Sep 10, 2014
Good news. I have a dream, that one day (very soon), Bokoharam will be history.
Family / Re: How Many Of You Ever Drank Water From This? by Nwapst(m): 5:13pm On Aug 27, 2014
Yea, I drank from that pot. Certainly not for the indomie generation.
Nairaland / General / Re: 21 Death-defying Photos That Will Make Your Heart Skip A Beat! by Nwapst(m): 3:13pm On Aug 13, 2014
dimples2: I can do some undecided not afraid of heights

My dear, u need to look at those stunts again. Those are suicide missions
Politics / Re: Nasir El-rufai Criticizes GEJ For Trying To Save Al Makura's Asss by Nwapst(m): 9:56am On Jul 25, 2014
The only thing this guys knows is criticism, nothing more.

1 Like

Fashion / Re: Visual Guide On How To Buy Men's Suit - GQ STYLE. by Nwapst(m): 4:07pm On Nov 26, 2013
Great job. Its quite disgusting how people wear sacks these days in the name of suit. Am sure we are going to take a thing or two out of this piece.
Religion / Re: Is Faith Incompatible With Reason? by Nwapst(m): 6:54pm On Jun 08, 2013
OP, Faith and Reason are direct opposite of each other. The word of God made us to understand that He uses the foolish things of this world to confirm His wisdom. Abraham against hope and reasoning believed in hope and it was counted for him as righteousness. I maintain that we are not wise enough to reason the things of the spirit. Faith always sounds and look unreasonable because it is spiritual, but yet it works. The word works.

1 Like

Family / Re: Letter To My Child - From A Trying To Conceive Husband by Nwapst(m): 9:55am On May 31, 2013
My broda, it is well with u and ur wife. I have an idea of what u are going thru. However, am convinced ur prayers has been answered already. U hv started well by sowing seeds in his name. Just continue in that direction. That was my formular and it worked for me. Congrats in advance.
Romance / Re: Singles, What Are Your Plans For Valentine's Day? by Nwapst(m): 3:28pm On Jan 29, 2013
I pick wendy. Dunno where on earth she is now.
Politics / Re: Completed Projects In Abia State by Nwapst(m): 10:26am On Dec 14, 2012
I have neva seen a clueless id-i.ot like this poster. How much were u paid to disgrace urself. Other govs a celebrating excellence and u r here posting a photoshop. Quit supporting evil in ur own interest.
Car Talk / Re: Infor On Audi A4 Car by Nwapst(m): 12:46pm On Nov 09, 2012
Nawa o, how come nobody is commenting oo. Abeg make una help a brother nah
Car Talk / Infor On Audi A4 Car by Nwapst(m): 9:04am On Nov 09, 2012
Dear Nairalanders

I am considering buying an Audi A4 car, 2005 model, 2.0 engine capacity. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal.

Abeg make una help a broda.
Autos / Info On Audi A4 2005 Car by Nwapst(m): 5:55pm On Nov 08, 2012
Fellow Nairalanders,

I am considering buying an Audi A4 car, 2005 model. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal.

Abeg make una help a broda.
Car Talk / Re: Honda CRV Owners Forum by Nwapst(m): 10:47am On Aug 07, 2012
Honda CRV is a very wonderful car, I have been using it ("03) for a while now and the performance has been impressive. You may need to be mindful of the gear oil to use, as that might be the beginning of ur gear wahala.

1 Like

Politics / Re: Governor T. A. Orji Flags Off The Public Sale Of Kerosine Today At Umuahia Stadi by Nwapst(m): 12:04pm On Mar 20, 2012
Doctokwus, u seem to have d best adjective (backward thinking) to quality dis Abia Gov. Can u imagine a gov asking people to come and cue in a stadium because of one kerosene. What happens to all those living in the rural areas. mtsweeew
Politics / Re: S H O C K E R Governor T A Orji Has Sacked Half Of His Cabinet Member by Nwapst(m): 11:26am On Mar 05, 2012
So, is it those people that is stopping him from performing. Clueless governor
Religion / Re: How Churches Make Their Members Buy Their Books by Nwapst(m): 10:37am On Mar 05, 2012
Grey Beard, am certain that one day, u will attract a course from the spirit, since u cant think of anything gud to do with ur life than criticise Men of God. I wish u best of luck though! just continue
Politics / Re: Ta Orji Disgraced At Aba During Ojukwu Burial Rites by Nwapst(m): 5:23pm On Feb 28, 2012
I wish there were better disgrace given to him. Some of us from Abia has already given up because we know we dont have any governor. We only have one baboon feeding fat on us. Am not surprised at people like patrikobi, am sure he is part of the ba boon.
Romance / Re: Is It Wrong In Any Way To Ask? by Nwapst(m): 12:55pm On Apr 06, 2011
Well, I dont see anything wrong with helping to loose the hair. As a matter of fact, I de help ma girl anytime she ask
Romance / Re: A Perfect Song! by Nwapst(m): 3:23pm On Apr 05, 2011
Dare Art Alade - You are not the girl I used to know
Romance / Re: I Hate Men! by Nwapst(m): 2:56pm On Oct 21, 2010
Poster, living on the past will definitely affect ur future. I know there a lot of gud guys out there. Free ur mind am sure God has a package for u.
Romance / Re: Some Men Are Fastidious And Voracious by Nwapst(m): 1:02pm On Oct 19, 2010
What did men do again, this time??

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