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Nairaland Forum / Obinoscopy's Profile / Obinoscopy's Posts
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Education / Re: How 137 Kidnapped Kuriga Students Were Rescued In Zamfara - Defence HQs by Obinoscopy(m): 1:04pm On Mar 24 |
Was any Bandit arrested or killed? If none, I'll say a ransom was paid. |
Music/Radio / Re: What Music Are You Listening To Right Now? by Obinoscopy(m): 4:42am On Mar 24 |
2 Likes 1 Share |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 12:58pm On Mar 23 |
Olaide1295:If you have made payment for passport renewal and you have your old passport and you also have the passport of the country you intend traveling to, then you will have no issue. Just show the immigration guys the evidence of payment. 3 Likes |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 3:09pm On Mar 09 |
erico2k2:You were really lucky. Some people miss their flight because of this expired Passport....work ID or no work ID. |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 3:07pm On Mar 09 |
Badgers14:Lol @ bolded. It could be very frustrating to be harassed and sometimes denied flight out of Nigeria. That's why it is advised to start the passport renewal process once the person lands in Nigeria. 2 Likes |
Crime / Re: Robbery In My Neighbourhood In Abuja by Obinoscopy(m): 8:57pm On Mar 04 |
FLYFIRE:What he's trying to imply is that there are some places in Nasarawa that's closer to Abuja metropolis than Gwarimpa. 2 Likes |
Autos / Re: Pricelist Of Tokunbo Cars In Lagos - March 2024 by Obinoscopy(m): 2:02pm On Mar 04 |
I have a 2003 Toyota Avalon I bought 1.9m in 2017 that I'm willing to sell. The engine is still good but I'm tired of always fixing the car. So you guys are telling me I can sell it for more than 1 million? 2 Likes |
Business / Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Obinoscopy(m): 7:04pm On Mar 02 |
Putindbutt:lol...I see what you are doing. You just want to troll. You are hereby ignored. |
Business / Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Obinoscopy(m): 3:00pm On Mar 02 |
Putindbutt:You can certainly engage in conversation without insults, can you? If you can't, I'm sorry I can't help you with that. To the topic, I never mentioned CBN or Cardoso. I said "government". CBN, Cardoso, NNPCL, Ministry of Finance, etc are all part of the government. None of them are vestiges, they are all very crucial part of the executive arm of this government and any action they take is an executive action on behalf of the government of the Federal Republic of Nigeria. See link below as well: https://www.vanguardngr.com/2024/01/fg-in-talks-with-world-bank-for-1-5bn-fresh-loan/ |
Business / Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Obinoscopy(m): 1:56pm On Mar 02 |
Putindbutt:If you didn't know that the Government borrows money to stabilize the naira you are on a long thing. https://www.thecable.ng/breaking-nnpc-secures-3bn-loan-to-stabilise-the-naira |
Business / Re: Naira Stable At ₦1550 - ₦1580 In Parallel Market After CBN’s $7.85M Sale To BDCs by Obinoscopy(m): 2:58am On Mar 02 |
What happens when that money that was borrowed is exhaused? Borrow more money? And then when that one is exhausted what happens? Back to square one? |
Politics / Re: Tinubu Vows To Fight Smugglers, Corruption To Ruins by Obinoscopy(m): 6:11am On Mar 01 |
This old man is certainly disillusioned. I am sorry but he doesn't sound like someone who has a plan to steer Nigeria in the right direction. My concern for the country is not even Tinubu. It's the political structure that scares me. There's no viable opposition. People are still putting tribalism above their basic welfare. Politicians are feeding off that tribalism. Its now that I really understand Fela when he sang the song "suffering and smiling". People from the tribe in power are smiling because their son is the president. People from other tribe are smiling because it's not their son that's making a mess of the country. However everyone is suffering. I'm tired, and I'm waiting for when the rest of Nigerians will be tired so we can take action for the collective interest of our country. 11 Likes |
Politics / Re: Oronsaye Report: List Of Government Agencies To Be Scrapped, Merged, Relocated by Obinoscopy(m): 1:39pm On Feb 27 |
This is a good development. All the buildings where those agencies/parastatals were staying should be evacuated. All workers employed should be absorbed into the parent agency/ministry. The next step however is to set up modalities to ensure that civil servants are efficient in the duties and are not lazying about. Sack or suspend any civil servant who is not serious. However before you do that, you MUST increase their salary. The money saved from this merger can be used to do that. 1 Like |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 8:37pm On Feb 26 |
erico2k2:Thanks so much for this update. What do you mean by ID Card. Can you explain further. Thanks. 1 Like |
Politics / Re: Lagosians Stage Protest Over Economic Hardship (Video) by Obinoscopy(m): 1:38pm On Feb 26 |
Yimu. During election day they will still go and vote based on tribalism and stomach infrastructure. They are not really serious. 11 Likes 1 Share |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 2:35am On Feb 24 |
@erico2k2, have you left Nigeria to the UK? Please update us with your experience at the Lagos airport when you were leaving so as to guide others in your situation. |
Business / Re: FG Stops Export Of Cooking Gas To Reduce Price by Obinoscopy(m): 2:19pm On Feb 22 |
This will further decrease the little dollar we have further compounding the exchange rate crisis. Why not increase production so we can have some for local consumption? |
Business / Re: Four Failed Cbn’s Attempts To Arrest Naira Free Fall by Obinoscopy(m): 2:44pm On Feb 21 |
I knew this would happen. This is simple economics. There is no magic in economics. Your naira will keep depreciating as long as we don't focus on massive production policies. The demand for dollars (due to our import driven economy) is so much more than the supply of dollars. Attacking the Aboki's and other people who are just trying to survive is attacking the symptoms instead of attacking the disease. This is sheer stupidity. |
Politics / Re: 10 Most Expensive States To Live In Nigeria In January 2024 - Nairametrics by Obinoscopy(m): 2:33pm On Feb 17 |
@Nairametrics, you are equating inflation rate to cost of living. They are not always the same. This is a wrong deduction. |
Politics / Re: FG Seals Off Sahad Store, Abuja As Crackdown On Hoarding, Price Fixing Begins by Obinoscopy(m): 2:33pm On Feb 16 |
Yinmu. This government is merely attacking the symptoms instead of treating the disease. 1 Like |
Politics / Re: FG And 36 State Governors Agree To Create State Police To Combat Insecurity by Obinoscopy(m): 8:54pm On Feb 15 |
Very good development. However, the rules must be well spelt out so that it won't be used for political or personal benefits. It's also high time the government pumped more money into the police force and employed more educated and specialized officers who are professionals 1 Like 1 Share |
Politics / Re: Nigerian Airlines Sound Alarm Over ‘Existential Threat’ by Obinoscopy(m): 1:17am On Feb 12 |
Johnjustice:Bros calm down and think it through. If you agree that the airline should buy the parts with trading currency which is dollars, where will they get the dollars? They will need to get the dollars inside the country and then use it to buy parts outside the country. |
Politics / Re: Nigerian Airlines Sound Alarm Over ‘Existential Threat’ by Obinoscopy(m): 2:28pm On Feb 11 |
nairalanda1:Lets agree to disagree on what Obi would have said during his inauguration. However I agree with you that APC has failed woefully. The scary part of all of these is that they don't even realise it. Another scary part of all these is that some people still support this APC government because this 8 years is their turn....emilokan philosophy. Unless we, the people, set our priorities right in this country. Unless we remove this emilokan nonsense and vote competence and compassion, we are going nowhere. |
Politics / Re: Nigerian Airlines Sound Alarm Over ‘Existential Threat’ by Obinoscopy(m): 2:02pm On Feb 11 |
nairalanda1:One thing I know for sure is that Obi would not have announced that "subsidy is gone" in his inauguration speech. He would have kept it to heart and put mechanisms in place to enable an easier subsidy removal. Also I know Peter Obi would have shown more compassion to the sufferings Nigerians are going through. He would have cut down the cost of government. He would have tasked Nigerians to engage more in production rather than consumption. It won't be easy, he might not even succeed with the economy, but we will all see the attempt. But I've always known all along that Tinubu is disconnected from the real challenges we are facing as a nation. I listened to him during the campaign and I saw that disconnection. I saw he was really declining due to his age. I really wonder how some Nigerians didn't see it. Perhaps they were blinded by the "emilokan" mantra. Well, now it's the turn of extreme poverty to say emilokan. |
Politics / Re: Nigerian Airlines Sound Alarm Over ‘Existential Threat’ by Obinoscopy(m): 1:51pm On Feb 11 |
Johnjustice:The aviation sector need to replace airplane parts during maintenance, they may also need foreign experts, these things need to be imported thus the need for dollars. Even aviation fuel needs to be imported. That's is to show you the kind of economy we have in this country. An import driven economy. So whether we like it or not, dollar is heavily needed by many businesses in this country. If those businesses collapses, more jobs will be lost and the economic woes continue. |
Sports / Re: Nigeria Vs Ivory Coast. What Are Your Expectations? by Obinoscopy(m): 7:41pm On Feb 10 |
Whichever way it goes, it's a great result for Super Eagles. I never even expected them to get to the finals. So no pressure. 1 Like |
Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by Obinoscopy(m): 4:44pm On Feb 10 |
lusim:If you want to force people to use naira that's your choice. However it is very critical to ensure that the forex rate is not dictated by the FG but simply by balance of trade (ie demand and supply). Otherwise, you will lose foreign investors as they don't want to put their dollars in an economy where the forex is determined by the government. And this will lead to less dollars and will eventually lead to more speculators and more black market transactions. |
Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by Obinoscopy(m): 4:34pm On Feb 10 |
forgiveness:In a sane society, aboki will be out of business because people believe in their bank's forex rate as the government don't influence or dictate the rate. |
Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by Obinoscopy(m): 4:32pm On Feb 10 |
forgiveness:All these won't work if the FG don't allow the market determine the forex rate and worse, it could even starve us of foreign investments. |
Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by Obinoscopy(m): 4:24pm On Feb 10 |
forgiveness:The government is just attacking the symptoms and not the disease. If the forex was not influenced by the government and if the naira is truly on free float, people will see no need to patronize the black market because the banks are giving the true rate of the dollar. Imagine if you were a tenant and your landlord sells bottle water for 500 naira however an aboki outside sells the same bottle water for 100 naira. Will you say because you are a good tenant you will not patronize the aboki? You can't force someone who works hard and earns some dollars (who is your "tenant" using my analogy) to buy your "bottle water" which is to convert the dollar to naira using the banks rate when he knows he can get a better rate with an aboki. That "tenant" will leave your country and it will affect your economy. Free float is the way to go. However before you do a free float, make sure the country is a net exporter of goods and services. |
Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by Obinoscopy(m): 3:27am On Feb 10 |
Sunijacks:It will help the naira temporarily but will rebound with immense negative effect on the naira due to the scarcity of the dollar. Whether we like it or not, Nigeria is import driven thus thrives on the dollar. The moment dollar gets scarce, the prices of things will go up, including petrol. The dollar will get scarce because Nigerians don't trust that the government will allow a free float of the forex exchange thus there will be a reduction in the inflow of dollar into the economy. The solution is simple, the government needs to put mechanism in place to switch our economy from a consumption driven economy to production driven one. Then the government can allow a free float of the naira which will give confidence of investors and diasporans allowing their hard earned dollars to get into the economy. Once dollar floods the economy, it's value will drop and the naira will gain. 6 Likes 1 Share |
Travel / Re: Traveling To Nigeria With An Expired Nigerian Passport by Obinoscopy(m): 7:29pm On Feb 02 |
erico2k2:Okie dokie, do what pleases you. |
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