₦airaland Forum

otitokoroleti:
u r a known zombie on this forum, a check on all ur post tells who u are! when it comes to issue datz against ur paid master, u are always short of words bt if its d other way, u write long epistle.

You haven't still been able to answer my question. I can as well now go ahead to conclude on the state of your sanity. Goodbye and I wish you a sound mind.

otitokoroleti:
plz go & borrow brain before u reply my quote, d one dat u r using presently iz outdated!

As I said before, kindly prove to the world that you have a functional brain by pointing out where I supported anybody on this thread?

If you cannot do that, then we can all see who is brainless between the 2 of us.

I never mentioned or implied any support to any of both parties, my only comment was "whose story do we believe amongst both parties."

You claim I politicised this, but from all indications you are the one who brought politics into this by foolishly attacking me for asking a question any rational discerning mind should have asked.

Like I said, I am still waiting for you to answer me by pointing out where I supported any of the parties here; I'm still waiting for you to prove your sanity if you have it. Its not enough to divert attention by cancelling my statements; that's only expected from a daft person who has no response to the simple question asked.

otitokoroleti:
datz y i tell ya to go & borrow, we are not discussing political matter now! u r always in support of evil just bcoz the evil master iz god & ur existence depends on him! av u eva condemned the security agents y they are yet to arrest just one killer herdman? I repeat, go & borrow sense!

Shut the Bleep up and use your freaking brain for once (if you have one). If you have a sane brain in your skull, kindly point out where I supported anything or anyone now on this thread?

I am waiting for you to prove yourself, else I would wrap up this discussuon and conclude on your sanity. Nonsense!

otitokoroleti:
nope, my papa na sensible man & datz y am sensible! no need to tell me who ur papa iz coz i no sey e no get anything 4 upstairs! omo eran

And running about online calling strangers who don't share your political views 'zombie' is what your sensible father taught you to be a sensible virtue right?... The last time i checked, na only zombies dey know fellow zombies. And because zombies don't have functional brains, most times they mistake identities thinking every one dwells in their pathetic mental state.

Go and take your drugs boy !

Davidflight:
do we then condition our history and existence on what the white men choose to believe and not believe?
And who said people had not gone to the source of the river? How were the few that accompanied him able to lead him? Oh, I have forgotten they didn't reveal to us he had a company of villagers in his tour.
All the missionaries explored the areas in the Igbo land through the leading of the villagers. They assisted them on road discovery and interpretation.

The source of the river isn't in Nigeria firstly. Then again, knowing the particular source of the river was of no use to our forefathers (it's even of no use to me today), so even if our forefathers passed the spot everyday, they probably didn't recognise or acknowledge it as the source of the mighty river which traverses several countries. After all who the source help?

So yeah, it's possible Mungo Park (the leader of the delegation that went, others don't count unfortunately) was the first to point out and acknowledge the spot where the river originated from and he put it into record books that 'this spot' is the source of this great river that flows through several countries. Unfortunately, the first to claim a patent for an idea or a discovery remains the owner of that discovery. Even if our forefathers knew that that very spot was the source of the great Niger, they obviously did not do anything to 'register' the discovery for posterity; Mungo did that first.

otitokoroleti:
says BMC ZOMBIE! SMH

Shebi na ur papa u dey describe there abii?... Chip of the old block

All these stories and twists sef... One doesn't really know what to believe in this country anymore

tuniski:
Another epistle so lame!
Demand and supply ko subsidy ni! Abeg find some better defense or better still keep deceiving the ignorant and emotionally attached apologists of this super failed govt.
The dollar in 1999 in itself hasn't depreciated and I haven't done a naira analogy. So 3bn$ in 1999 is basically 3bn$ in 2017. That is why the dollar is official currency of the world : it's stability!

The only ignorant one here is you bro... The value of money to an individual is dependent on his demand for goods or services #CommonSenseEconomics

Naira is Naira but demand and supply determines the true value of the Naira to an individual. A single man may be comfortable earning N30k monthly, but after getting married and begetting 4 children, plus endless needs he has to meet from inlaws, he may need 300k monthly to live as comfortably as he was when he was single. In economic terms, we can say the 30k he earned when single is equivalent to the 300k he's earning when married #CommonSenseEconomics

Similarly, if Nigeria only needed $100million for importation of the foreign products we needed in 1999, $3billion in the forex reserves in 1999 is far more valuable than $30billion in 2015 when we need a minimum of $2-3billion to finance our standard needs #CommonSenseEconomics

So yes, dollars is dollars, but $3billion in 1999 is not same value as $30billion in 2015 because we now have far far higher demand for dollars.

Money good shaa...

tuniski:
You are clearly drunk on the accidental victory of buhari in 2015 not to see that INEC has released election timetable for 2019.
Whether it is economic or political issue, they are connected and can't be separated. Have u heard the term political-economy?
To many apologists of this failed govt, u have all run out of defense aka blame game all u do is to use your emotional attachment in an attempt at reverse psychology!
The naira has moved from currency to tissue paper and now newspaper and u are celebrating mediocrity.
Let me ask you sef; what was the value of the naira when oil price was 12$ and below years gone even under OBJ with 3bn$ reserve, almost zero infrastructure.
Abeg find a better response.

Haha.. apologist kwa... I am an apologist for the truth. I challenged you earlier to point out what sentence in my previous writeup is not true and I'm still waiting. I have clearly pointed out the reason why the Naira depreciated seriously post 2015, I am still waiting for you to fault my explanation but because of your desperation to glorify your hero GEJ and vilify everyone else, you keep giving common sense economics a political explanation, albeit it in a ridiculous way.

You asked the value of the naira when oil was $12 and the reserves $3billion?... If you want me to give you a comprehensive explanation to that, I can gladly do it after work hours. But I will give just a little explanation which I hope you are discerning enough to understand.

The value of the naira is determined by the twin forces of demand and supply. The demand for dollars today is 20 times more than what it was in 1999. To start with, Nigeria imports virtually 100% of petroleum products today (very high forex demand) but this wasnt the case in 1999. Also, Nigeria's daily fuel consumption today is more than 5 times what it was in 1999 when we had less cars and when only relatively rich people had generators. Today every student has a small gen and that is more demand for fuel which we import with dollars.

Furthermore, in 1999, Nigerians still used Nigerian made products, the import craze of today wasnt there in 1999. Unlike today when everybody holds an international mastercard or visa card in their pockets buying even handkerchiefs from china and Uk. In 1999, we didnt even have internet banking or ATM cards. Back then, only the rich who traveled abroad demanded dollars but that is clearly not the case today when every Haruna, Tunde and Emeka demands dollars to finance their tootpick needs. Let Nigeria stop importing fuel today, let Nigeria stop importing palm oil, rice etc today and I can assure you the Naira would appreciate to less than N100 to a dollar. I wouldnt even want to talk of the recurrent bill of the FG in 1999 compared to today.

In summary, based on demand and supply forces, I can tell you for a fact that $3billion in the reserves in 1999 is equivalent to up to $45 billion in the reserves today. So my friend, once again, your analysis is baseless.

Lol...

Friendly match.. nothing at stake.

eghuan1:
Lol. That na de fear person die that year. Where are you from?

From the east, but bred in delta... That creature can only be associated with one thing (winshcraft) and it must be killed when seen during the day. But if you see it at night, run for your life

Pictures can be deceiving, a closer zoom into her face tells a totally different story. She was probably terrified, possibly wondering if she could get home safely witgout being attacked by someone.

Youngadvocate:
INTRODUCTION:

They will teach you that a white man called Mungo Park discovered River Niger. That is rubbish!

Our people fished in the Niger long before Mungo Park’s grandfather was born. But in your exam, write that it was Mungo Park,” says Odenigbo (Half a Yellow Sun).
Note: We must decolonise our minds, culture, history and education so that in future, school children in Igboland and Africa will be taught that our own ancestors discovered our part of the Niger River and not some uninvited guest from Europe."

But come to think of it, how could these people possibly say Mungo Park discovered River Niger? And what happened to our ancestors who lived around the bank of the river, whose mainstay was fishery, hunting  and...other pastoral engagements? Theyfished in the River, they bathed on the bank of the river and...they fought with the mermaid spirits of the River. 

Who received Mungo Park when he arrived? Was it spirits he met? If it is argued that Mungo Park settled alone and started life in the Igbo land, then are we all descendants of Mungo Park?

Well, we must aide our forebears to re-write our distorted history. Historical lies such as Mungo Park and the River Niger must be erased with the truth.  

Our ucommon history has been raped so severely that it requires clasified surgery (high intellectualism).

Our names were changed, our stories were re-scripted, our beliefs were condemned and our culture battered. How could our ancestors be happy hearing names like Onitsha instead of Onicha; Enugu instead of Enugwu; Owerri instead of Owere; Ibusa instead of Igbouzor; Oguta instead of Ugwuta; Awka instead of Oka. Oshimili/Orimiri instead of Osimiri and the most hurting Ibo/Ebeo/Igbos instead of Igbo/Umuigbo.

This I learnt much later in life , then the Great River Flora Nwapa talked about in EFURU made a lot of sense to me afterwards

http://igbobia.com/?q=mungo-parks-discovery-of-river-niger-and-the-silence-in-the-voice-of-ndi-igbo.html

I thought the stories say he discovered the 'SOURCE' and not the river itself?.. Of course the river was there before he was born and people already knew about the river. But I guess the white men believed we didn't give a damn about the 'source' so Mungo Park traveled and traveled until he discovered the source/originating point of the great river.

E be like say na this one dey reign now... Politicians now hanging onto the release Kanu rhetoric to gain supporters. From Orji Kalu to Soludo to Utomi and now to Obi?

Very soon even El Rufai would call for Kanu's release to gain support.

hehe... the woman turn to okpukpuru

Not again...

The way some bloggers dig out minute details na wa..

TheFreeOne:
It is the responsibility of government to wield the big stick if DISCOs aren't doing their job.
GEJ gave them 2 years to provide prepaid meters to all Nigerian household but they failed and present administration has given them about same period of time.

So it's the government that is embarrassing itself by not doing the needful.

And government should stop bailing out these incompetent fraudsters. If they aren't capable to perform they should sell their interests / investment to those that have the wherewithal to do so. But unfortunately everything in naija is paddy paddy hence the present situation we found ourselves.

If the govt doesnt bail them, we get total blackout nationwide; and everyone blames the govt cos na govt we know. And again of the govt decides to weild the big stick and reverse the privatisation, the establishments will take the govt to court, and while it takes another 10 years to conclude the litigations, there would be a standstill in the power sector (blackout) and govt still gets all the blame cos na govt we know.

So you see why its a delicate situation?

daniella04:
In my opinion I think the only way to make them sit up is if every house has a prepaid meter you only pay for what you consume. The biggest fraud in Gencos is the fact they can still collect bill using estimated billing system so they don't care if there is light or not they still get paid.

This is exactly where the govt is failing. Failure to enact a law that prevents DISCOs from giving estimated bills. If the govt gives the discos an ultimatum of say, 6 months to stop estimated billing, I'm sure the useless discos will either sit up or die out.

Nbote:
Lolzzz... All dis DISCOS AND GENCOS nonsense na wetin una take dey deceive Nigerians and deflect criticisms and attentions.. Una don blame Nigerians first, DISCOS blame GENCOS and GENCOS blame DISCOS again and den una zombies blame Nigerians for not paying bills in d first place... And den militants and their bombings provided anoda blame option.. D question is wen una go accept say una don fail...? All dis hip-hop names na to confuse Nigerians and all Nigerians are interested in is where is d lights una promised us?

Govt sells power companies to private firms.

Private firms refuse to function but every year still run back to govt to get free bailouts.

Govt takes the blame for the darkness cos na govt we know.

TheFreeOne:
Fashola should save us these grammars and ensure every house gets smart prepaid meters so that Nigerians can stop paying owo omogo to DISCOs. Even if that's the only thing he's able to achieve we'll accept that rocket science is above his ability.

We are tired of unfulfilled expectations from govt and it's better we generate power ourselves via our generators like we've been doing instead of continuously paying for darkness.

And if he's afraid of doing the right thing by dealing with the saboteurs in power sector then he should resign and stop playing to the gallery with his grammars.

But isnt that what the DISCOs are supposed to do?... Isnt that the responsibility of the DISCOs and isnt that why the minister has just said the DISCOs are embarrassing the govt by not doing their job?

Govt sells power conpanies to private establishments but every year, the govt still gets to budget money to bail out the private companies.

This is what you get when privatise public assets but instead of selling to responsible firms, they sell gift the power companies to their friends and cronies who have no business being in the power business in the first place.

Now the current govt has to sit back and pray for the useless private owners to do something meaningful cos reversing the privatisation will lead to another 10 year of litigations which will stagnate every effort to improve the nation's power supply.

Nigeria na wa!

tuniski:
Considering every undercurrent, nigeria is worst off today. And making it about oil price is lazy brain.
Today, the oil price is Above budgeted benchmark and for most of last year it was equally higher. The drop in volume sale is 100% the fault of this administration.
Again, this admin instead of paying subsidy like previous admins actually raised the pump price of petrol highest in record time. That done without a kobo increase in salaries and wages.
I wonder how anyone will justify this. Mediocre govt as performing!

Mr Man stop struggling.. I understand your desperation to disconnect the current situation from oil price so you can have a free bullet to fire at the govt, I understand your desperation to force a political explanation to a simple economic issue, but then, like I said earlier, you can only impress those same set of people I talked about (uneducated and undiscerning) with these your weak arguments; you will definitely also impress your band of fellow Jonathanians cos to you guys, you are still too emotionally driven amd you still dwell in 2015 election mood.

At first glance, I thought I was seeing double; 2 Osinbajos in the picture..

Empty vessels make the loudest noise.

tuniski:
The longer your epistle the more lame it becomes. Bottomline and all factors considered, we never had it this bad as a nation!

Lol... I challenge you to prove your intelligence by pointing out what exactly you think is lame in my long epistle?

Simply stating that things are worse today than before without paying any attention or deliberately trying to ignore the underlying reasons, what reasoning could be lamer than that?

Such shallow analysis is only expected and permitted from people who aren't privileged with an education or the gift of discernment, e.g. the uneducated okada man or market woman on the streets; its certainly not permitted from someone like you who I believe is educated and should be enlightened.

Very shamefull! This has been an issue for a while now; can someone please tell me, is it now rocket science to replenish depleted stock?

The immigration setvice should already have a rough idea of the number of applications to expect at each given time, so what is so difficult to manage their stock?

I dey shame to be Nigerian sometimes

Lol... When the stories favour them, they embrace SR, when it doesn't favour, they cry foul and write meaningless letters...

tuniski:
Oh so GeJ met it @160 and left it @220 after 5yrs. That is 60naira depreciation at average 12naira a year abi. This govt under 2yrs took it from 220 to 560 that is 240 which is 120 average. That is a record in poor economic management. Even if it is now 400 it is still 180 averaging 90naira a year, is that exceptional to you? Abeg be discerning!

First clarification is this, GEJ met it at N160 and it stayed at N160 till 2014 Oct/Nov just after oil price began to crash. It was between ~Nov 2014 to May 2015 that it crashed from N160 to N220. Also within that period, the reserves crashed from ~$38bn to ~$28bn. So if we agree that oil price was the real problem (a lot of Jonathanians still bluntly refuse to accept this commonsensical fact), may I remind you that oil price was still above $60/barrel as at May 2015 but beyond that date after the current admin came in, it further crashed to as low as $28/barrel and to compound matters, oil production fell by up to 50% all through 2016. So if you must carry out your above weak calculations, please do well to consider all supplementing and complementing factors.

Now it is quite commonsensical to note that when the CBN injects dollars in the system, it strengthens the Naira. But for several months prior to May 2015, the CBN kept pumping dollars into the system (albeit at a reduced rate) to shore up the Naira Value and this led to the rapid drop in the foreign reserves (~$10bn in 8 months), but the Naira still crashed from N160 - N220 nevertheless.

Now after the reserves dropped to $28.6bn as at May 2015, reducing the amount the CBN injected into the system weekly was inevitable (forex restrictions) because nobody wants to imagine what would happen to an import dependent nation should it run out of forex reserves. And of course, that reduced forex injection fueled the forex scarcity which saw the Naira crashing uncontrollably.

If only GEJ had saved up like his predecessors did (instead of squandering the forex previously saved by his predecessors to a negative balance), especially considering that his regime enjoyed an unprecedented boom in oil income, then the CBN would certainly have had enough to sustain its weekly dollar injection and the Naira definitely wouldn't have crashed the way it did post May 2015. Nigeria did not run into trouble in 2008 when we had a similar oil price crash which lasted about 6-7months because we were bailed out by a $20bn intervention from the CBN (saved by OBJ/Yaradua). With a measly saving of ~$30bn (reserves + ECA), I wonder what you expected the new admin should have used to bail out Nigeria in the current oil crisis which has lasted close to 3 years now since you claim the fault is 100% from the current admin and not the saintly last guys.

You asked me to be discerning, I have just given you an explanation from a discerning mind regarding the situation of things in your country. It is not enough to just give a shallow analysis saying "when GEJ was there, the dollar was N160 and only crashed to N220, so therefore it is Buhari's fault that it crashed further." Such a shallow analysis should be reserved for an audience which is not privileged with education or discernment. If you want me to give a further breakdown of all I wrote above, complete with links and citations for every single figure, i can gladly do that after working hours. Thanks

xynerise:
Before fans of Funke Akindele start throwing plastic chairs at me, take a seat and read carefully.


Is Jenifa's Diary rated PG? If no, then the problem starts from the censor board.

Originally, Jenifa's accent could be traced to the Ibadan people in Oyo state but she really exaggerated , but that is not the point though.

My point is, people who already know the right grammar to use may not be a victim of this but people especially children who are still learning The English language should not be viewing that movie.

I heard a little girl speaking exactly like Jenifa. She was telling another kid "Joe, ava? and he replied "I is fine". Think of the damage it will cause to their English speaking ability on the long run.

Jenifa's Diary is not for school children but people watch it with kids around and you know kids learn things fast and if they know it, it is hard for them to forget it.

My advice is, don't watch Jenifa's Diary around kids.

Your insult is welcomed.

I agree with you 100%