₦airaland Forum

nairalanda1:
Simple. All those countries produce far more oil than Nigeria, for populations that are less than Nigeria. (KUwait has 6 million people, Oman has about less than 20 million, Saudi has 40 million, and produces ten times what we produce in oil, Qatar has one million and produces nearly 1.2 m barrles per day)

So, per capita, they got more dollars to spend on buffering their currencies, than NIgeria, where, even assuming that our leaders were nice and good people that did not do looting, has limited amount of money.

As 'strong' as their economies are, most nations would prefer to do business in dollars, pounds, euros, and even chinese currency, and yen....because the countries that have those currencies are simply industrial exporters. Heck, I think that even swiss currency better pass Saudi.

And it cost those countries a lot of money to maintain strong currencies...when oil prices fell in 2014, Saudi spent over 100 billion dollars in ten months just to keep the riyal strong. (That led to some changes, including the government eventually setting up a soverign wealth fund).


Nigeria's problem is that we can't do as they do, because we have a large population to spend on. Yaradua was one of the most stingy presidents in NIgerian history, yet at the end he was able to save at least 60 billion dollars in our reserve. Too many people means that a lot of our oil revenue has to be spent meeting needs NOW.....and what we can save , even with prudence, is too little


Ultimately, we have to use our resources to manufacture stuff for export. That is the way. If oil becomes obsolete tomorrow, all those countries will fall.

You too good abeg.... your analysis is top notch.

Population is one of the major factor of the problem in Nigeria, we are not producing enough and also not productive

Kurukuru:
These are the people giving false hope to other people. Let us do the maths.I will go for the extreme senario which is very rare. There are 24 hours in a day. Let say the student work 24 hrs daily from one job to another. For three weeks, the student cant work more than 504 hours. No care job pay more than $30/hr in Canada. $30 is the highest. Pay ranges between $16 and $25.

Let us go for $30 per hr. . For three weeks, that student would work 504 × 30, which is $15,120.

Then where did he/she get the $20,000 you said the student paid after three weeks?

😂😂😂😂

504hrs in three weeks bawo.
That one na die nah.

For a student to even save 20k cad in a year is almost impossible sef

Jeboy:
Okay I retract my statement.

Your story though possible but its not the usual experience others have.

But from limitless hours of on-campus work i think its possible to work more and earn more. That is what I have learnt from your unique story.

You should write a book on how to survive in Canada with zero funding.

That one might be studying in another Canada somewhere not the main Canada in NA we all know 😐

angie88:
Pls look at d picture very well and u will notice that [b]there was no july 2nd correspondence the[/b]re, wot is there is jan 2nd which was probably documents d agent submittedthat was acknowledged. Pls do not put unnecessary pressure on the guy.

There is, July 5

Pelaiye2703:
Good evening all, I need urgent help and clarification about my application. I applied through an agent, but I was able to create a tracker account for my application. The attached picture stated that I was sent a message but didn't receive any message via email or text. Now, It was written that my application is closed and I have tried asking the agent, but he said no information yet. I am confused and need clarification as soon as possible because it shows my profile was updated yesterday 27th of September.

Is there another portal aside from the tracker portal?
He used my phone number and email for biometric.

Biometric was Jan 12th

Help a brother edakun...

IRCC already decided your application.

Just go to your agent and ask him to open your portal for you, I doubt if he will do this thou cos seems he already messed up your application

Bobomaigida:
There are funding tied to acceptance of refugees, part of the fees we pay IOM for medicals goes to all the resettlement, UN and other multilateral bodies also give countries that host refugees funds, so they aren't doing it for free.

Hmmm we learn everyday

IdeasYapayaski:
Hmn.... because of Apalapala 😂 Without men, Sapa go disfigure most Nigeria ladies.😒😒😒😒 That is why they always fall a victim.

Patapata

dibunotion:
Girls no dey ever hear word. She'll still go back to her olosho business

💯

AmaUwana:
Please will you advice me to buy dollars or GBP and hoard till it rises again?

Buying forex at this point is not advisable.

My own opinion thou because govt are finding every possible means to control forex.

Will they learn?

ruggedtimi:
Omo make we rest na...na only this place dey kigali?..na only kigali dey rwanda?

Kigali is the only better city in Rwanda, the rest na confirm ghetto

Better

So everybody can take their country very serious

MonsieurCoder:
April 2024



April 2024



April 2024



April 2024



April 2024



February 2024



November 2023



November 2023




October 2023


October 2023


August 2023



July 2023


The jokes write themselves

Hmmm weldone verydarkman

Only a fool will keep hoarding fx at this stage

Stringz10:
Goodday everyone.
I have an issue with my brain box for my vehicle Kia Rio 2006 manual transmission. Since my mechanic replaced the top gasket the car refuses to start. Tried series of brain box for replacement but not gotten a match for the car. Please how can I go about this?

Seems like you are dealing with incorrect timing..

Forex hoarders

Stay alert 😐

That's a good news right there....

Thou it's expected, no more fuel importation..

Dollar will likely be exchange around 1,000 in the coming weeks

2cribz:
Id rather rebuild gear than buy toks,unless i buy from asia or ebay or letgo directly from the seller who is honest, shows car status the vear came from,whether accidented,scrapped or just extra part.all the gears at ladipo,80percent are reworked,sparkling silver clean disguised as direct toks.

Truth

Guare27:
Good day all,
I have a Lexus rx330 that was having gear issues and I changed it recently
The issue I’m experiencing now is that when I start it in the morning to drive it works perfectly but after driving for like 10min and the engine gets hot it refuses to enter gear and when I step on the accelerator it only Revs but doesn’t move
After letting it cool again it works perfectly and but the same issue occur after a while

Spoke to the gear master that worked on the gear and he said that the issue is calibration(which I’m yet to even understand) since it’s 13pin

I need help and I want to ask if any one has an idea of the issue or what gear calibration is if that’s a thing.
Thanks

You bought a bad gear sorry

Whoever is thinking of applying for Canada visit visa or even student visa should rethink,,,,
Rejection rate is out of this world.

Stop wasting your time and money.

Better countries full Europe

Pjoe238:
I don't understand why some of you will find it worthy to leave Nigeria and stay put abroad no matter the condition over there, but you don't want other people who are equally tired of Nigeria to do same. That's hypocrite.

Why the attack?
Nobody is stopping you, they are just telling you to sell your properties to raise fund and leave for Canada,,,, simple....

PJtech:
Show us your domiciliary account to show workings


No be by cho cho cho

Abi nah 😁😁😁

Nobody is even them to buy.

Make dem buy and enjoy their massive gain

surgical:
you are the mugu here ,you guys said thesame thing when aisha gave this same advice when the dollar was at 1000 ,see where its today,you are deluding your self if you think Tinubu can make any positive impact, even Tinubu himself knows sey him dey play

Mugu man

So how much have you stocked pile?

Go ahead and buy nah, who is holding you

Anyone that convert his/her naira to dollar now is a big mugu,,,,
Buying at 1665 is a foolish idea.

Now that CBN is even intervening....

Go and buy nah and learn the hard way

Dangote would have been one of the richest man alive if not because of naira devaluation.

Assuming naira is still around 165/$

bishopatis:
URGENT

Hello guys,

Please i urgently need an accommodation in London, Ontario. I just came from Lagos two days ago for the first time on study permit and my airbnb will expire this morning. My fear now is that i have no where to put my two traveling bags. Fanshawe student here. I have only $400 left and i plan to use it for joint rent and i'm still looking for a room to share. Please if you're a Nigerian around London, Ontario kindly help out. You can contact me using the nairaland mail, or email emayesarahadedayo@gmail.com. God bless you.

Hmmm you are in for a long thing....

I will advice you to extend your Airbnb for another one week and continue with your rent hunting. Or else 😐

To get help just immediately is tough.

Bobkem:
Pls can someone through more light to this topic " Netherlands work visa" such as where to submit documents Abuja,Lagos, Ghana or Benin republic. List of documents required and general life as an African in Netherlands.
Pls this will help someone to make his/her decision.
The major reason am asking is this:
I have before me Netherlands work visa and UK work visa which one is better, stress-free, straight forward etc

Netherlands work visa is the best but boring society thou.

DeGods007:
It's only a fool the will heed to your advice.

Dollar is not dropping anything stop talking trash oga.

Hold your dollar tight everybody

Trash

Wise people understand and know what to do.

You wan bet?

Politics na bad game.....

These people nah friends, nothing person wan tell me

We are in for a long thing but definitely naira will gain more.

I pity who won't sell out his/her dollar at this present rate.
In couple of weeks now, dollar will drop to around 1k.

Who wan bet?

GVTAsiwaju:
I need a very good car and my budget is N2.5m

Very good

Fairly used and old 👍

Antoeni:
Abeg tell your friend Aliko to Sell Fuel For Nigerians at 350/400 per Liter,

That's not possible right now sir, with the value of naira...

200 naira per litre is even achievable if fed govt do something to this dead naira and gain massively