₦airaland Forum

Doyin2:
So can you give us the exact date and time we should have devalued the Naira,for us to have averted recession?

For God's sake monetary policies alone could not have averted recession.The government responded early enough with some fiscal policies like the ban on some imported goods for forex. But unfortunately,we could not avert the recession because of the inevitable importation of Fuel which is the major cause of the pressure on forex today.The FG could not ban the importation of fuel because we were virtually not producing any, locally.


I am stating with full authority that the only way we could have averted recession was if we were not importing fuel!!!!! Is that Buhari's fault?

16years of PDP rule has plunged us into the only OPEC member importing fuel!

Goke7:
stop the lies, do you know how long we have been devaluing our currency over the years? Let's stop being clever by half. Devaluation was never the best option

Goke7:
Utomi was one of the economists shouting for the floating of the naira, now he is trying to absolve himself by saying the govt would have done it earlier.

This recession has made me know that some of these economists are not brilliant after all.

davodyguy:
so?

This is just semntics by Damola.

The exploration has begun and crude oil is being extracted and exported, with income being generated.

I'm not sure Lagos borders any of the NG states that would make them wants to lay claim to the other part of the water ways, where the oil can be explored.

All waters ways still belong to the FG.

Some people might misinterpret this, as if there was no discovery.

Get it. There was discovery in the water close to Lagos and as of now, Lagos State has be allocated ownership status of 4 oil wells.

Whether the 200 isobath was fraudulently introduced by OBJ or not, Lagos is now controlled by the party at the centre. With Fashola, Tinubu and Ambode, its only a matter of time, before the 2004 pact is reviewed for the benefit of all.

May be this is the only opportunity for that restructuring to take place. This means more money to the oil producing states. However, the negative part of this possible review is that the governors would probably still cheat the indigenes of the states. Even with 2004 pact, Lucky Igbenedon, James Ibori and Peter Odili, still stole billions from their states. Giving more money to their cronies in government now may spell doom for the people. With the FG having the money, you are guaranteed a good spread.

fxuser:
umm

currentprice:
monkey business naw abi u be new here

_{^{man must market the product in his portfolio}}

locodemy:
Bros i dont know what you are talking about........The stock will end the day on bid

locodemy:
my stock oando price always react to news..........what is the news behind this current rally when the market is underperforming?
ok,let me rush to their website to confirm......

lancee:
https://www.nairaland.com/3349515/tony-elumelu-establishes-tenoil-oil

aresssa:
[s][/s]






We know OBJ sacked her unceremoniously and she failed miserably under 2 different administrations.


https://www.youtube.com/watch?v=ltrsjqTE_p8

^^^


And in the above video, the useless woman openly confessed to the world how miserably she failed us so keep quiet, she admitted she failed so I don't need any silly, meaningless and pointless rubbish from you and your kind..

aresssa:
[s][/s]





[s]
Her primary mission is accountability and even to start with, she had no business approving or taking part in any fund release not mandated by the Nigerian legislature, the whole exercise was illegal.


I guess we lost billions because of illegal waivers because her ministry was not responsible and accountable for granting them to cronies

I guess we lost billions of dollars under NNPC because she was not responsible and accountable for keeping track of our earnings and making sure every kobo was deposited


I guess she was not responsible and accountable when we lost hundreds of billions for years when she paid ghost workers under her nose

I guess she was not responsible and accountable when she looked the other way while income generating agencies and MDAs pocketed every kobo instead of depositing it into the federal account in her care

I guess she was not responsible or accountable for diversifying our economy when oil was selling for $100

I guess she was not responsible and accountable when she was borrowing hundreds of billions of dollars when oil was selling for $80 and setting us up for financial meltdown..


I guess she was not responsible when in 2014 she told us to get ready for suffering and austerity when oil was selling for $80


In fact she was not responsible or accountable for anything, we just hired and paid her top dollars for making sure every looter easily loot us dry while she looked the other way and even facilitated the looting...


Sometimes I just wonder about you and your kind...[/s]

phemmie06:
Who knows the close of registrar for conoil

feelamong:
yes!

got mine since Last Friday Night

aresssa:
https://www.bellanaija.com/wp-content/uploads/2015/12/NOI-MEMO-NSA.jpg



This is how that crooked and deceptive woman played hide and seek to protect herself from prosecution and exactly what this man is talking about..


She new the approval was shady, illegal and corrupt so she smartly abdicated her responsibility and inserted in the letter oversight functions for the money she gave to Dasuki to Dasuki himself and Jona who didn't seek accountability for anything for the 5 years of wholesale looting and stealing he presided over..

It's like giving the armed robber oversight functions for arm robbery...


That woman really fcukkked us up big time and this is the kind of evil and corrupt practices you get away with only in Nigeria...

angelo82:
But payment day was yesterday.

PharmAlfred:
Conoil is zooming of. Trading #26 plus now. Who has successfully entered the jeep?

phemmie06:
LOL that was 2015 dividend.
The man listed Nestlé, camprina, UCAP etc

AlNur:
Tribalistic afonjas would have desecrated this thread if this have happened in the region they hate so much. Ndi ara!

phemmie06:
I watched a TV program yesterday and UCAP was mentioned among the company to declare interim dividend.

Raider76:
I remember when someone recommended buying FO on SMN when it was around N15, and we all laughed and called him a Prophet. Many of us must have regretted not listening 2 years later when it went to N250.

PS I am not saying it will happen again this time.

byrron:
The President of West Germany

dinyelutochukwu:
Thank you chibuking and obagadaffi, but can you explain the concept of dematerializing my former stock?

dinyelutochukwu:
Hello guys,
I am in a bit of a dilemma. can someone kindly give me clarification on the following questions:

1. How can i transfer my stocks from the last stock-brokerage firm that i used. (The company folded up) and the last time i had any dealings with them was 2011.

2. Kindly recommend a strong stock brokerage firm for me, as i want to re-ignite my investments in stocks.

3. What is the fate of my investment in COSTAIN (because i can't see them on the listings anymore)

NOTE; i still have my CSCS NUMBER.

Thank you for your prompt intervention on this matter.