₦airaland Forum

Give that judge a bottle of Fanta
Prison and strip him of every traceable properties.
Also give him a life ban from ever holding public office

Real productive companies. Not like the other types.
Middlemen who insert themselves into the middle of the chain without adding any value into the process.

Weak argument.
The woman drove the country's economy into a ditch even during an oil boom.
A wound of a thousand cuts.
The more money came in , the more the money she shuffled into the hands of looters.
L
We all remember when they were increasing the size of the useless civil service.
1000 people employed at a time into non functioning agencies of government.
Untraceable Allocations for training going into billions of dollars
Only extremely high oil prices hid her incompetence. Once oil prices fell below $100 a barrel, all the waiver fraud policy, sure p scam, petrol Subsidy scam started sulking the blood out of the economy.

Yes.
Morally bankrupt and "for sale" people are not difficult to
Unravel. the tell tale signs were on her blog during the campaign season with all the illogical arguments they continously make.
Sure she makes money on her blog, but it is easier to squander 300 million I'll gotten wealth on a house than to spend money derived through hard work
Hopefully, the money will be retrieved from her and others.

Check my post from December last year. I said exactly the same thing.

Falsehood campaign?
Typical and weak

Believe me when I say some people are incapable of decoding your logic.
They are wonder what the fuzz is all about?
They have never lived in a lawful society.
They do not know their civic right and responsibilities.
They do not know where the point where those rights end


Especially those who protest against the those who protest against corruption, dictatorship and lawlessness.

Who amongst the pastorpreneur performed the "miracle"
I heard they can make a legless person grow new legs( or not)
After 5 year in aso rock , the blind Abati can all of a sudden see again.

omohayek:
I'm afraid I have to disagree with you on this: Nigerians are not anymore exempt from the laws of economics than any other peoples in this world. The fact is that under the current setup, unless you're well-connected enough to get access to dollars at the 'official' exchange rate, the black market rate is the only one at which you can buy forex, and this reality is already feeding into prices, wage pressures, etc. Domestic manufacturers in the formal sector (who cannot just go to the black market) are basically stopped from buying any inputs they need to keep producing, be they chemicals, spare parts, precision machinery or what have you: this in turn means they have to bring their operations to a halt, creating shortages in the market, and send their employees home, causing damage in another way. I won't even mention how strongly this discourages foreign direct investment: who would want to put their money into a country if they have no way of knowing they'll ever be able to get it back out?

The primary beneficiaries of Nigeria's exchange rate regime are essentially the same set of people who benefit most from fuel subsidies: well-connected insiders and others fronting for crooked politicians, who are able to make effortless profits by buying forex or petroleum motor spirits at an "official" rate, and then turning right around and selling these on the black market ("round tripping". Meanwhile entrepreneurs who actually want to earn their bread by producing something useful to the world are forced to look for "conne" or "settle" all sorts of political parasites if they don't want to go out of business. Unfortunately, competitors in other parts of the world don't have to put up with such burdens, which is why Nigeria's manufacturing sector has shriveled over the past 40 years.

I am sorry to say that you are one like those whose entire arguments is based on economics theories but the lives and wellbeing of their already impoverish citizens are never considered.
For 30 naira,you are willing to impoverish the lives of over 100 million people, whose N18000 would all of a sudden become N10000. All this because of the share of a share of forex being round-tripped.
Now let me give you an idea of what your prescription did in the 80's.
The long term effects of your theory which we are still suffering today.

1 Middle class folk became poverty stricken
2 upper middle class folk disappeared
3 industries and malls closed
4 peak milk became Satchel milk
5brain drain started with many of nigeria's thinking class leaving
6 education started deteriorating
7 area boys became a full time job
8The world left Nigeria behind
9 influx of substandard good
10 Nigeria became a tokunbo country.
11 the rich got richer. All the loot they had stashed abroad fetched more of the devalued naira


Abacha maintained,through professor aluko, the most stable currency even though your round tripping was rife throughout his regime.
Naira was N80 official but was selling for N120 on the parallel market. It was after Obasanjo got firm hold of the economy and built up the reserves that he allowed market rules of demand and supply to determine the rates. It devalued to N140 and the naira appreciated to N110 at a point.
That a few were roundtripping does not mean every one does the same.
If that rtpping were as critical, the cabal would simply devalue the parallel market to keep the margin of their scam.
Meanwhile, I got more naira for the money I changed last month at the Murtala Airport than from the street.
A thorough and competent president will always consider the impact of a policy first and not live the the alternate reality of an economic theorist.
Many of the stuffs we waste our limited forex on are either luxuries are mundane stuff which can be easily made at home.

It all goes back to the basic necessities of life. Food shelter,clothing and good health.
Every other thing is a luxury. I am with buhari for excluding some items for assessing forex.

Guardian and punch are not vanguard,tribuneor elombah.
Tribune was corrupted under Jonathan. In fact, the signs of weakness was apparent as far back as 1997 when their journalist started going to military governors to showcase their projects.
Their past struggles are enough.
They stood tall against the dictatorship of abacha,IBB and the corruption of the Obasanjo, yaradua and Jonathan regime.
I have thousands of articles to prove that.

Guardian and punch are not vanguard,tribuneor elombah.
Their past struggles are enough.
They stood tall against the dictatorship of abacha,IBB and the corruption of the Obasanjo, yaradua and Jonathan regime.
I have thousands of articles to prove that.

Wow.
400 million big ones from just one man in a small agency

You can solve this problem once and for all by giving them all the Chinese treatment.
The kind of money being stolen

Shitttt country.

bettercreature:
President is supreme in Nigeria,those things you mentioned are just in the book,refuse to carry out presidential order at your own peril

Exactly why the SW voted him out.
His lack of mechanism to moderate his animal instinct and the unitary powers granted by a devious Nigerian constitution.
That You have unlawful leeway to do as you like does not mean you should.

bettercreature:
They were carrying out GEJ's order,i dont see a reason why they should be arrested
You are just in hurry,Dasuki will never go down alone

Many lived their entire lives under dictatorship and would not recognise a lawful society if you threw it in their faces.
A President has no power to order money from the treasury apart from the money appropriated by the national assembly,and for which he has been granted discretionary powers . Even at that, the money must be spent on what it was appropriated.
Any other act is an act of corruption.

Mordecai:
The old man (I believe he is clearly foolish) thinks the Igbo rolled out onto the streets to demonstrate because they want a few juicy positions. How wrong can he be?

He listed three Igbos that have held positions of leadership, three , and used that as proof that Igbo cannot be trusted with positions of leadership.

For each of those three, we have thousands more that have excelled and given Nigerians much more value than expected. And those three weren't really failures.

It might not be for position but even Kanu admitted that someone donated $1 million dollars to radio biafra a few days after inauguration.
No rich man ever gives a million dollars just like that for nothing.
I have no doubt that the money came from those who engaged in extreme corruption.

You cannot dispute The nepotism part of the article. Apart from that, all I read is power drunkenness of a fossilised man.
The same trait exhibited by Jonathan and his goons.
This brought about by the corruption of southern politicians and elites who are only interested in BMW ( Beer, Meat and Women).

This has to be the worst editorial from odua pathfinder.
Started well but went into aimless spin.
On the other hand, is it not time for the likes of soyinka to concentrate on the homeland.
If you spend your entire life fighting a lost cause(Nigeria) and the cause continues to self destruct.

Foot in the mouth disease.
Which afenifere is he talking about?
The current one or the one who died with Bola Ige.
Bola Ige and Abraham adesanya were right to pull out of being part of PDP considering what they have eventually to the country.
Sanusi may consider shutting his mouth considering the shame the backwardness of his entire region has brought to the country.
The fact that the greedy and shortsighted southern elites who we're invited to "come and chop" does not mean there are no alternative line of thought.


1 people who smash beer bottles
2 murder children and children in their sleep
3 incapable of functioning and adapting in a modern society
4 Rule of law is replace with the rule of turban
5 keep doubling down on religion


These are some of the issues that should keep a leader busy.
Enjoy the intransigence for as long as it last.The free lunch is going to end soon.

ernesty20:
and the funny thing is that Gej is better than Obj 1000 times, but pride will never allow this man to admit it

How?
For every reasons you give, I will give 20 why obj was better.
Do You think the mobile phone is for poor?
Why are you educating these people?where are the jobs?

These are some of the quotes from uncle Jonathan's buffoons aka friends.

lordsharks:
Nigeria will be better

Nigeria will never be better

This has to be biggest bullshit.
Attempted to do what.
Or trying to stop the shifted from growing in the north.
At the end of the day. I cannot stand both.
Honestly speaking, decoupling the homeland from that rubbish of a country is long overdue

What exactly is Islamic Republic if not mental and social colonisation.

Believe me when I say that every foreigner enjoy NigeriA because there are plenty of unemployed and unemployable serfs at their beck and call.
They get to live the lived they cannot dream about living in their own countries.
Drivers, domestic servants, police guards, Grace and favour mansions, 5 star hotel stay and not to talk about people suffering from low self esteem

It safe to say that the country would have collapsed completely.
Iweala was the coordinator of corruption.
Jonathan was an absentee president and the politician politicians went on a looting binge

Just laughing

Portfolio investors can get out.
We need manufacturer, factories to produce what we consume,brick and mortar investors and not speculators

She was nothing other than the coordinating minister of corruption.

bennyrazz:
so what's the hullabaloo about if he got a Porsche as a gift? Christianity is no longer about suffer on earth, enjoy in heaven. If the God we serve is rich and he gives riches to his deserving children, then we should not be poor. In other words, God's Ambassadors on earth should not be poor because our father in heaven is not poor.

The only thing I will condemn is when men of God use their wealth to oppress/intimidate their congregation. And the issue of show off is also factored in. Accumulating money as if the money would pay your ticket to heaven is also an issue. Lastly, don't lose your salvation because of money.

You are talking crap

See dem
Dem even dress like 419

$20 billion import waiver scam between 2010 and 2014.
Iweala was the conductor of that one. Granting waivers to every Tom dickson and Harry