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RomanceRe: Checkout This Lovely Couple Married 4 58yrs Spotted At Agodi Gardens,ibadan(pics by OkutaNla: 5:39pm On Feb 11, 2016
Aww. Vewwy cute kiss

Mynd44, lalasticlala, obinoscopy
BusinessRe: Why These 6 Cities Are The Economic Hub Of Nigeria. by OkutaNla: 11:06am On Feb 09, 2016
That's your opinion, though I think your criteria for arriving at this judgement is too limited and therefore flawed. Port Harcourt for example is an unforgivable omission, considering her contributions to the national gdp and revenue. I think you should've included oil & gas, industrial capacity, agric, solid minerals as parts of your criteria for reaching your judgement, for the sake of balance.
PoliticsRe: ''Tolu Ogunlesi Wrote "The Economist" Article Calling GEJ ineffectual Buffoon'' by OkutaNla: 11:32am On Jan 29, 2016
Oga, please try and also 'fish out' the person/people behind the article in the same mag that attacked Buhari's ecomic policies. Make you kuku balance the equation na, abi? cheesy I think Aye Dee may be the author of that one, or what do you think? cheesy
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla:
IsraeliAIRFORCE:
Is Falana an Hausa man?

Why should Adeosun comparison to NOI degenrating to tribal connotation when the main subject Falana didn't?

Refer to my first comment on this thread for clarification.
Mr. IsrealiAIRFORCE, you are fooling no one with your fake attempt at objectivity, especially not me. You said, and I quote:


IsraeliAIRFORCE:
The problem I have with most of your type is what huge responsiblity you attach to NOI without given such to Adeosun.
My 'type' you said? This coming from you, a confirmed bigot, I put it to you that you are a hypocrite. Now honestly, on what basis are you comparing a Kemi Adeosun's (who was appointed less than 3-months ago) 'huge responsibility' to NOI's (5-years in service under the last administration and had powers that'd make Adeosun green with envy)? Ngozi's tenure was averagely turbulent, with intermittent and outright calls for her resignation and sack on the grounds of alleged incompetence, corruption, and what not. Yet, she stuck around till the end of the last administration. So don't come here trying to make it seem like everyone's in agreement about her performance. That you would make the comparison, especially at this point in the current Minister's tenure, betrays your bigotry. I repeat that you are a hypocrite.
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla: 9:09pm On Jan 25, 2016
IsraeliAIRFORCE:
Who is a bigot between us?

NOI was same with Adeosun during subsidy removal January, 2012 and was there to answer questions on why now and offered other sundry explanations.

Soludo is not a Finance minister hence the comparative analogy put him off hence Adeosun.

Dr Okonjo Iweala wasn't Nigerian President rather a Minister of Finance same with Mrs. Adeosun.
You can only justifiably accuse me of bigotry if my submissions in any way betray a tribal bias. You brought Adeosun (who is already being adjudged incompetent by some) into this exchange in an attempt to rubbish and reduce the subject matter to a plot by me to victimize NOI on the basis of her ethnicity. You are the bigot here Mr., not me.
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla: 8:48pm On Jan 25, 2016
IsraeliAIRFORCE:
Do you want to accredit her innovations and policies to Buhari?

Fashola once exonerated himself by telling all who care to note that he don't sign cheques hence that exonerated him from any crime committed during his tenure.

The problem I have with most of your type is what huge responsiblity you attach to NOI without given such to Adeosun.

Until now, we have no replacement for her. She answered every question on virtually every problem Nigeria had but now who do we give the burden we laid on NOI?

She wasn't the President, stop comparing her to/with Buhari

Just agree that she is a genius.
Must you bring Adeosun into this? ? You people with your tribal foolishness. The Soludo who demystified her, is he Yoruba? If Adeosun under-performs after 4-years she shouldn't be spared. NOI can be a genius to you but to me she was incompetent and overrated, and will always be associated with perhaps the most scandalous financial crimes perpetrated in recent times.
PoliticsRe: You Are Hurting Our Business Interests, US Tells Nigeria by OkutaNla: 8:05pm On Jan 25, 2016
Sparrow13:
The US is the largest foreign investor in Nigeria, according to the State Department. Bilateral trade was $18.2 billion in 2012

LOL... China is the largest foreign investor.
The U.S. See a strong and sufficient Nigeria as a treat in Africa
Lol. Don't mind them. That's same way they are always accusing China of "hurting" their business interests whenever she manipulates her yuan currency to give her Chinese exporters an advantage in foreign trade. Let every country do what is in her best interest abeg.

http://www.slate.com/articles/news_and_politics/explainer/2012/10/china_currency_manipulation_how_does_it_harm_the_u_s_and_what_can_we_do.html
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla: 7:52pm On Jan 25, 2016
IsraeliAIRFORCE:
Integrated Payrol system is also her brain child.


But APC said she negotiated the 5% commission and was also implementing the program in phases. You see, if it wasn't for the 5% bruhaha, APC wouldn't have given her the credit.
Mr. Israel, can a thief catch a thief? I am not calling madam NOI a thief (the courts would decide that) but the sad reality is that she was an integral part of an administration that lacked the will to confront corruption. The Integrated Payroll system and TSA implementation you alluded to under her stewardship would have eventually failed, been jettisoned, or at best half-heartedly implemented coz those meant to oversea it were largely already compromised. Neither her nor her boss had the guts to fight tge system the way the current administration is currently doing.
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla: 7:00pm On Jan 25, 2016
IsraeliAIRFORCE:
TSA - Treasury Single Account was her brain child
Really? ? How come that administration failed to implement it? I'll tell you why, coz it was never intended for implementation to begin with. NOI may not necessarily be corrupt in the strict sense of the word but she was weak and complicit in the financial crimes that were perpetrated under her watch. At best, just like her boss, she chose to look the other way while the looters had a field day. Who else if not her should be held accountable? She was the (sic) finance minister for pete's sake.
PoliticsRe: A Response To Femi Falana, An Integrity-Challenged Charlatan (ICC) by OkutaNla: 6:46pm On Jan 25, 2016
Chineke me! Did NOI just claim to have "championed transparecy in the flight against corruption" under her tenure with a straight face? ? Iweala, fear God o. There is God oooo.
BusinessRe: CBN Forex Policy: Local Manufacturers Happy As Production And Sales Leap By 50% by OkutaNla:
grandstar:
There are bound to. be positives about the foriegn exchange restrictions but the negatives far outstrip them.

Those who desire to export will be disappointed because they have to sell their forex earnings at the official rate.

I wanted to go into export but was discouraged by this policy.

For our industries to really grow, interest rates must come down to single digits first.

This will make them bold enough to borrow massively and import world beating machinery that would boost their productivity and give them an edge over imported items
The president did say in his last televised interview that priority and exceptions would be given to local manufacturers with respect to forex.

He said, and I quote:

http://www.ngrguardiannews.com/2015/12/buhari-rejects-naira-devaluation-says-no-clue-on-chibok-girls/

The Central Bank of Nigeria will sit with factories and ask what essential raw materials and machinery they need, and provide forex.
BusinessRe: CBN Forex Policy: Local Manufacturers Happy As Production And Sales Leap By 50% by OkutaNla:
It's obvious the forex policy is essentially geared at stimulating the local manufacturing sector. The hitherto carte-blanche importation policy, whereby goods that can be sourced locally are imported at the expense of locally produced alternatives, is simply unsustainable. Though I also think the government should as a matter of urgency begin to upgrade infrastructure, especially power, to encourage more local industry and consequently create more jobs for Nigerians.
PoliticsRe: We Need Okonjo Iweala Now More Than Ever by OkutaNla: 10:11am On Jan 24, 2016
InyinyaAgbaOku:
It's nothing tribal nwokem. The lady is clueless. She needs replacement even if another Yoruba has to be appointed in her place. Everything is tribe to you
Smh. You are such a hypocrite. Didn't you just type up there that:

InyinyaAgbaOku:
We need noi or soludo
You people have no shame. I'm sorry I'm done with this conversation. Happy sunday.
PoliticsRe: We Need Okonjo Iweala Now More Than Ever by OkutaNla: 9:49am On Jan 24, 2016
InyinyaAgbaOku:
The scam of a budget we have now, has kemi resigned cos of it ?
You people have to agree she is better than kemi
Look, you obviously cannot be reasoned with on this subject matter coz you look at everything from a tribal prism. Kemi is already being written off by you tribal bigots after a mere few months on the job, while Iweala's 6-years of managing the economy has been marked by controversy, scandal and weighty charges of gross mismanagement and incompetence, and you lot expect to be taken seriously? ? Comedy extravaganza! cheesy
PoliticsRe: We Need Okonjo Iweala Now More Than Ever by OkutaNla:
InyinyaAgbaOku:
Blame it on your governors who squandered their funds. States like anambra are not crying line this.
Talking about dollar, what has kemi done about it ? Still clueless.
We need soludo or noi
While Soludo would be a welcome addition to this administration's economic team as a replacement for Emefiele, I would like to remind you that the dollar slide started while NOI was still finance minister and she's even on record for saying that it wasn't her fault and even blamed it on the CBN for devaluing the naira due to falling crude prices! As at 2014 ending, the dollar had slid from 155 to 168 naira to a dollar, under Iweala, and by Feb. 2014 before the elections it was at N215 to a dollar. Are you noticing the pattern? This all happened under Iweala. Yet in the midst of critisims and calls for her resignation and sack by the opposition, many of you guys went tribal, as you are doing again this time around. If her supporters could accept her argument that CBN was solely responsible for devaluing the Naira, why then are you all so quick to jettison the same argument with respect to the current Finance Minister? Let me guess, coz she's Yoruba? I understand.


Also, If you remember, this same NOI borrowed up to $1-billion dollars during her tenure (around May 2015) to pay salaries!

http://www.premiumtimesng.com/business/182543-nigerian-govt-borrowing-billions-to-pay-salaries-okonjo-iweala.html

In the face of dwindling oil revenues, Minister of Finance, Ngozi Okonjo-Iweala, said the Federal Government has borrowed about N473billion to pay salaries and fund the 2015 budget.
This happened under her watch and management as Finance Minister. You just accused the state governors of 'squandering' funds, what about the FG under her watch? Who do we blame for such a situation? Mind you this was the financial condition of the country at the twilight of the last administration o. Yet you all are already blaming Kemi Adeosun. Like how do you all even sleep at night? huh
PoliticsRe: We Need Okonjo Iweala Now More Than Ever by OkutaNla: 9:17am On Jan 24, 2016
InyinyaAgbaOku:
Was she efcc chairman
You are better than this bro. She definitely witnessed all the financial atrocities. The honorable thing any person with an iota of integrity would have done would be to resign honorably, but she obviously chose to look the other way (at best) or was herself a party to the whole mess.
PropertiesRe: The Dubai-fication Of Lagos - Hot New Structures Under Construction by OkutaNla: 8:31am On Jan 24, 2016
DerKaiser:
Lol. Pipe Dream.

Concept arts and computer graphics are awesome things, aren't they? Lmao.

With oil price crashing into the earth's core, only heavens know where they are going to leech off the money to carry out these imaginary projects from.

Only a matter of time and Lagos would devolve into the likes of its neighbouring states like Osun, Oyo, Ogun and so on.

The mainland is gradually swallowing the islands and it is bringing with it its poverty and dilapidation.

*yawns* Anyway dreams and imaginations cost nothing.
Bad-belle can kill o.
PropertiesRe: The Dubai-fication Of Lagos - Hot New Structures Under Construction by OkutaNla: 8:29am On Jan 24, 2016
PoliticsReps May Consider Hanging, Amputation For Treasury Looters - Tribune by OkutaNla(op): 8:26am On Jan 24, 2016
http://www.tribuneonlineng.com/reps-may-consider-hanging-amputation-for-treasury-looters


January 24, 2016
Written by: Muhammad Sabiu-Kaduna

The Minority Whip of the House of Representatives, Honourable Umar Yakubu Barde, has said some concerned members of the House “have started talking on how to enact laws that will ensure that looters are either hang or their hands amputated.”

Speaking in an interview in Kaduna, Barde, who represents Chikun/Kajuru Federal Constituency of Kaduna State, noted that he is a believer in the fact that people should be punished for offences committed and that such punishments must be commensurate with the offences.

The lawmaker, who dropped the bombshell that anyone who steals from the treasury in billions should be hanged, said: “We are living in a very funny country where people who steal N1,000 are put in jail for years, while some people steal billions and use the loot to escape justice. That is not good enough. If you ask me personally, I will tell you that we have started discussion; I’ll let the cat out of the bag.”

Barde, who urged Nigerians to take bold stand on the issue of corruption, said: “If you ask me, I will tell you that if someone steals from N1 million to N100 million, he or she should have his hand cut off. There is nothing wrong with that; so that when we see you on the street, we will know that you stole, which was why your hand was cut off and those who steal in billions should be hanged.”

“I and some members in the National Assembly are of the belief that Nigeria should have special court for corruption cases; specially-dedicated courts, because if you look at the quantum of corruption in the country today, you will pity Nigerians.
“So, why don’t we have dedicated courts to try all these corruption cases so that justice could be dispensed of quickly?,” he queried.
PoliticsRe: Financial Times calls Nigeria's economic approach the height of foolishness by OkutaNla: 9:21pm On Jan 23, 2016
Reference:
The FX policy CANNOT work where you produce nothing.
https://www.nairaland.com/2883806/cbn-policies-boosting-local-industry
PoliticsRe: Flashback: Chicken Republic Once Called APC Acrobatic Political Congress (pic) by OkutaNla: 3:11pm On Jan 23, 2016
Mynd44, ngbo what do you think, is this FrontPage worthy? cheesy
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op): 2:53pm On Jan 23, 2016
aloeman15:
Your statement insinuates that MAN are foreigners.
And you want to focus on a govt's words instead of their actions? Same people who denied virtually all their campaign promises?
Meanwhile, is this entire thread based on the say-so of a single employee in a small firm? Are you people that dense?!
Excuse you, pray tell how my statement "insinuates that MAN are foreigners"? ? I don't get how some of you cynics reason. Didn't you read the affirmations of at least two contributors that they have also felt the positive impacts/effects of the policy? If you have a problem with the policy that's fine but you don't have to attack those that find it worthy and effective. Learn some manners.
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op): 11:31am On Jan 23, 2016
mavinc4u:
He said? And has it been done? What has been said and has not been done are like heap of sand on the ground. Even some statements are denied. Please tell me something else. China did theirs by putting things in order. This policy of if eleven does not want to strike then twelve should strike before eleven is not the way forward as it will bring more harm than good.
Well, you are entitled to feel the way you do, but you have no indicting evidence or proof that the govt isn't already implementing the policy. In any case, I would rather focus on the intentions of the administration in initiating the policy and examine its effects thus far. While some are kicking against the policy, the target demographic (local manufacturers) are applauding it, so .....
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op):
mavinc4u:
like seriously, a manufacturer said this and people that have refused to read and understand are applauding them.

my question is where will those manufacturer's get their equipments and materials needed to produce whatever they are producing or were those machines in the background produced in Nigeria? They better tell Nigerians the truth instead of all this brainwash.
The president did say in his last televised interview that priority and exceptions would be given to local manufacturers with respect to forex.

He said, and I quote:

http://www.ngrguardiannews.com/2015/12/buhari-rejects-naira-devaluation-says-no-clue-on-chibok-girls/

The Central Bank of Nigeria will sit with factories and ask what essential raw materials and machinery they need, and provide forex.
It's obvious the policy is essentially geared at stimulating the local manufacturing sector. The hitherto carte-blanche importation policy, whereby goods that can be sourced locally are imported at the expense of locally produced alternatives, is simply unsustainable. Though I also think the government should as a matter of urgency begin to upgrade infrastructure, especially power, to encourage more local industry and consequently create more jobs for Nigerians.
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op): 6:37am On Jan 23, 2016
Pavore9:
I am also benefiting from it.....producing in Lagos and exporting it.
Respect. shocked Even all the way from your Kenya base you are being resourceful enough to take advantage of this policy? Then indeed it is working! Complainers, Una no get excuse again o.
PoliticsRe: Buhari Storms Ogun For ‘operation 40-40’ - by OkutaNla: 5:56am On Jan 23, 2016
Mods Mynd44, lalasticlala should sanitize this thread from detailers please.
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op): 5:54am On Jan 23, 2016
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op):
Emmafrancis:
Boost which of the industry? Abeg stop lying. The economy is on the verge of total collapse. If care is not taken, we might end up in same class with zimbabwe
Bro, why do you sound so pained? Are you an importer? Instead of you to applaud the news that our local manufacturers, including the ones in your SE, will be getting more patronage, you are here bad-belleing? It's not nice.
BusinessRe: CBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op): 10:54pm On Jan 22, 2016
It's obvious some traditional importers may not like this idea or the sound of this, but they need to look at the bigger picture here.
BusinessCBN Policies Boosting The Local Industry, Say Manufacturers - The Cable by OkutaNla(op):
https://www.thecable.ng/cbn-policies-boosting-the-local-industry-say-manufacturers

Members of the Nigerian manufacturing industry say the new Central Bank (CBN) foreign exchange policy is boosting the growth of the local industry, calling it “the game changer”.

Nassos Sidirofagis, deputy managing director, Tempo paper pulp and packing limited, Ota, Ogun state, said the policies have helped increase local production capacity and promote expansion.

“The recent CBN policies is helping us tremendously. It is something we’ve been waiting for, not only us, but other manufacturers, because now, customers are now buying Nigerian products instead of importing,” the US trained engineer said.

“The policies were quite significant for us; as I said, it was the game changer. We are a truly Nigerian company and we are competing with global players from China, India. With the new policy we have been able to increase our capacity from 50 to 70 percent.”

Sidirofagis said the firm, owned by a Nigerian, is unveiling plans for setting up about the biggest paper producing company in Nigeria, with the capacity to produce 420 tonnes per day. “We can smile a little bit, these CBN policies help us to realise that there is a big possibility to start expanding. I hope the policies stay, because it is very significant for us.


Speaking on avoiding the economic downturn experienced by Greece in the past few years, he said: “The medicine is only one, you have to have discipline in government spending, you have to help the manufacturing sector, you have to have policies that contribute to job creation. “Being from Greece, I understand that the problems that we have are the same in many other countries.

The solution is to open up the market, focus on manufacturing and local production. “We were like you [Nigerians], we were importing because we had plenty of money, but at the end of the day we got bankrupt, just because we didn’t have a strong manufacturing [industry] supported by the government.

“If you keep these policies for one or two years more and you remain strong with it, you’d see that you’d have many investors come to Nigeria.” Oluwasesan Taiwo-Tijani, the group operations director of Sren chemicals and polymer packaging, explained the surge in demand for local products since the policy was introduced.

“Since this policy has been enacted, we’ve observed that the demand for our products has increased drastically. We looked at our sales last year, what we were able to make, in six months, we’ve made in just one month this year just as a result of these policies,” he said.


Lalasticlala, Mynd44

PoliticsRe: Financial Times calls Nigeria's economic approach the height of foolishness by OkutaNla: 10:23pm On Jan 22, 2016
DelGardo:
So they advocate that CBN should let Naira go on a free fall, and the wailers seem to like their suggestion. Cool.

I only hope they don't come here tomorrow to scream "Exchange rate is now N3,500/$!".
Don't mind those hypocrites. If that happens they will be first to remind us how much it was under Okonjo Iweala and Jonathan. They are confused and don't wish this administration well, irrespective of what it does.
PoliticsRe: We Need Okonjo Iweala Now More Than Ever by OkutaNla: 10:11pm On Jan 22, 2016
ExplorerReturns:
And yet many international firms,govts and organizations are seeking for her. like it is said in the bible " a prophet is not valued in her home town.

who brought the idea of excess crude account? the sovereign wealth fund which was used to bail out States? she formulated policies that kept the country going unlike what we have now from a mere commissioner of finance as experience
Look, Nigeria has tried and tested her, and she has been found abysmally wanting. Those 'firms,govts and organizations' can have her because she is primarily responsible for where we are today. Iweala has been alleged to have forged statistics to mislead Nigerians about the true state of the economy. I don't care about your feelings about the current Finance Minister, that's your business and you are entitled to it. She's still being vetted and tested and will be judged in the fullness of time. As for Iweala, you can have her but Nigerian aren't interested. cheesy

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