₦airaland Forum

Ugonnax:
You are an Accountant...I'm glad you said that. Meaning, you have virtually no business when it comes to economic matters...monetary and fiscal. I do because I'M AN ECONOMIST.

then explain indetails. The fiscal and monetary policy used by government is well understood by me. Just because you don't have any knowledge about accounting. Thank God I did economics, both micro and macro if at all we can't go in details as an economics but not on the issue of national policy which I know very well. Likewise I did element of banking, banking operation as well law and prsctice of banking. Then as an accountant, knowledge about finacial management should also be of help in trem of difficulties. Also public finance is another area of help and public sector accounting. You can only tell those that doesn't understand what learnt in school as an accountant that they can't contribute to the developmet of the nation. Accountant as afinacial expert help both private and public sector.

Ugonnax:
Ok. Let me see if we can have an intelligent discussion. She came in 2010 when dollar was 160-165. In 4yrs dollar to naira hovered between 160-175, it was only around November 2014 that dollar began to go up and settled at 210 when she left. Now, realistically 160-210 in 5 yrs is reasonable. However under Kemi Adeosun barely 4 months in office, Dollar has skyrocketed from 210 to 305 in only 4 months...Jesus, this is disastrous and an invitation to anarchy. And if we implore linear regression...conservatively with current increment, dollar to Naira in one yr would 500 naira. I don't want to get too technical in monetary and fiscal analysis...I'm a student of Keynesian economics. Don't get me started...

I am an accountant but time may not permit us to analyse in details but common sense can give us a good a result.NOI left dollar to naira at 210 at black market not as an official rate with cbn. Because most people always use unofficial rate to judge standard rate which u can use to transact ur business with other countary. When you are publishing your annual account be it financial statement of a particular year what you will use is official rate but we have many rate in accounting ie opening rate,closing rate, current rate, average rate etc. Now if you look at current official rate at bank is around 199 naira to dollar.This is the official rate as at today.
Saturday 23/01/2016
DateUnited States DollarNigerian Naira
Saturday 23/01/20161 USD =198.96 NGN
Friday 22/01/20161 USD =198.96 NGN
Thursday 21/01/20161 USD =198.87 NGN
Wednesday 20/01/20161 USD =199.15 NGN
Tuesday 19/01/20161 USD =199.25. But the problem we are having is our banks and bureau de change because of their own selfishness. The 305 you mentioned is from BDC. Or black mkt. Now let us look at the difference between the two NOI met ER at 160 left it at 210 as u mentioned at the black mkt which indicate a difference of 50 naira. At the same time if you check official exchange as at april,2015 before Noi left government is still around 199 5 while in april 2014 is around 165 but the one you mentioned is black mkt. For kemi the exchange rate has not gone bad at official rate compared to what noi left it even at selling rate in banks of around 220-230 which is a bad thing from our banks who loves to cheat its cisizen. Also we should know that Kemi just started working as a minister of finance even when our economy is in dwindling situation. So,we should give her chance to perform which I believe she will when the budget is passed and signed to law. Thank u

Ugonnax:
Another sorry azz yoruba loser. Keep blaming her when she left naira to dollar at 210 naira but under your sophisticated weave-wearing rasterferan Kemi Adeosun dollar has gone up to 305 naira.

please tell us how much she met dollar before she became minister of finance and left it at 215. In another news,if you want her as a finance minister is good. Just call all your governors in the south eats region and part of south south to give her south east/part of south south finance minister. She will perform better there but as for Nigeria she can't bring us back again to the era of lottery.

jcross19:
that's the manipulation of one sura in koran that say :Any where you see the people of the book kill them" killing the infidel is a islamic motto and anthem to the allah mujahedeen.

go and read your bible very. You will find a lot of verses talking about killing of other people practicing other religion outside Christianity. Bible is the highest religion book that talk about killing of innocent.

Ioannes:
actually only a low IQ person will be bambozzled by the supposed facts and figures which we all know were written by some yeye analyst in an office in New York, who probably doesn't even know where Nigeria is on the world map.

if she did so well why are there more Nigerian youths unemployed than ever before, so much so that even tanoids and wailers are waiting anxiously for Baba's promise of #5,000 for their jobless ass*?

if she did so well, why are we uncovering monumental corruption in almost every sector of our economy which she obviously mismanaged?

if she did so well where is the money she saved from selling crude oil at $120/barrel for years?

giving express or tacit support for evil is the same as sharing in the evil and its consequences.

please don't mind yeye tanoid,they have seen a backup for their minister ever produce by them. They instantly forgot that,the same woman said Nigeria should be expecting austerity measure before she left as a minister. The same best finiance minister that almost all Nigeria money vanished from the treasury under her watch is been referred to as the best minister. How much her regime met exchange rate of dollar to naira before she got appointment as a finance Minister? How many jobs she was able to create despite the fact that crude oil is sold at 120 dollar per barrel at the international mkt? The revenue generated agencies,how much were they able to remit. to the treasury of federal govt? Etc. Comparing Kemi Adeosun that just started work for about three month to okonjo iweala is a big mistake from tanoid or pdp whatsoever. Let her for a year or two before she can be criticized.

chaloner:
enugu is not for the governor but for the people. ipob owns Enugu and not the governor, period.

you forgor that number one citizen in Enugu is mr governor and the chief security officer in Enugu is mr gov. Your ipob is number one nuisance in Enugu. While the great people of Enugu will prefer to respect their governor rather to be unlawful citizen to their state and governor.

APChangeZombie:
Where you patient with Jonathan?

Hypocrite

be patient with jonathan for how many years? You are expecting the good people of nigeria to vote jonathan for a second time and kill us with poverty. At least you can see what is happening with all our money under jonathan.

There are too many errors in what this man is saying. Atiku is someone that is irrelevant as apc and this present govt is concerned. If he like he should cross to pdp now or whenever he likes to. In fact I'm so happy of what is happening to him presently. Saraki and dogara are also of equal status, they should cross now but bet me they can never have any wait in politics again. For instance stoning of saraki in this year eidel- kabir prayer. Also,saying that federal govt do nothing to opc when they are attacking people south west is a big lie. I could remember what happen to opc in 2000 or 2001 at Bariga where many of opc were shot and I counted about 10 of there vehicles burnt by MOPOL and many other cases like that. So if you don't have record better ask for it. Instead of ypu people to be ashamed of what you have done to economy of this country,you still have mouth to be saying the crooks will de camp to pdp.
Less I forget,we are happy with BABA more than 16 years of bad administration of PDP.

Prison straight. Awon ole oloriburuku. I have been working for almost ten years now,I have not seen one naira in my pension account. No go better for for all nna wey no wan me get my pension,especially that their oga stephen orosanole

Prison straight. Awon ole oloriburuku. I have working for almost ten years now,I have not seen one naira in my pension account. No go better for for all nna wey no wan me get my pension,especially that their oga stephen orosanole

Dannyset:
Hahahahahahahaahahaha!
You really need to see how Fayose was fidgeting when he was talking. I was laughing so loud that I couldn't control it.

After all his bragado, this is all he can do?
Even if it's just to upturned his election for 1 hour and. make him shut up, just because of those saying trash, am in total support.

honestly,I will be the best happy man on heart if this useless big head for nothing is removed from office. He suppose to be chairman for motor park but unfortunately for our democracy he became a governor of a state at a fountain of knowledge state. Who doesn't know that he was rigged in as a gov. So he will be forced out it will be good for our democracy.

Ebenezerk2:
A lot of things went wrong in Nigeria, only God didn't allow them to succeed, only Jesus is the King of kings

you mean the king that another king give order to nail him on the cross and show him to the whole world? Which mean the king that give order to kill him is more superior and powerful than your king.

actoor:
No wonder, I thought as mush. ISLAMBAD.

Christianity worst. David cameroon has confess and apologize for their act in Lybia. After killing gadafi and said they got a wrong information from USA by which their act cause ISSIS. You may be surprise that majority of people behind this bokop haram were Christian. If not why the money meant for boko haram is diverted for another purpose? What is Raymond about money meant to fight haram? Iya okonjo iweal and brother jona that use the money for PDP campain are they a muslim? Think men!

BeeBeeOoh:
It's now crystal clear that the main aim of APC was to un-sit PDP & GEJ, Buhari whom has been campaigning for good 12years has no blueprint of governing this nation..


Before You Attack Me, please help me with an answer to this question....





Which Of The Campaign Promise(s) Have Been Accomplish??..

anti corruption crusade is one of the achievement of this Government if you don't know. At least some of your people are with EFCC confessing. Like a small child that his father ask "who still the meat inside I put inside plate?" The small boy say, please siirrrrr is uche that tell me to still it, I will not do it again. Also all money your past govt was owing marketers for subsidy has been paid and come next year work on second niger bridge will commence and Lagos ibadan express road which your heroes cannot do in sixteen years.
In fact you and ekweremadu should be ashamed of yourself. The same ekweremadu that forge senate rule is now here talking that Nigeria will beg pdp to come back and kill us. Never!

Ladipodeal:
Positioning himself to actualize his second term ambition after Ajimobi.
Ladoja will win him convincingly any day.
AKALA got no single politians groomed by him to Federal level as ex governor,if tinubu was as self centered as he was, there won't be APC for him to run to.
AKALA keeps changing party just to actualize his political ambition.

please are u from oyo state? Do you understand the politicks of Oyo state? If Akala join APc forget about Ladoja winning anything in oyo state. He can never defeat that force. Truely Ladoja have a lot of suppoter in oyo state but he has lost many of them. Many have joined pdp and apc. I am one of his suppoers before and I know many that have joined Apc but that is normal in politics before other will also join accord party. What Akala did I was expecting him to be the one but the issue of I don't want to come from somebody else is affecting him. He has a close connection with tinubu that can give him opportunity to become the next Governor of Oyo state but he will not want to do that. If Buari still remain in Anpp there is no way he will become mr president of this country. Just my opinion

OnankpaBa:
Rubbish! When will you ever get sense?

seriously he get sense pass you. You are the one to look for where your brain is been kept.

kokoA:
calm down, monies have not started going out yet. All the money d inside TSA for now.

don't mind him. He doesn't need to wait for anything as your haters will never see anything good about you. But for his information oil marketers just benefited of 413 billion naira release by pmb govt for oil subsidy. In another news 2.4 billion dollars was release to govt of Lagos state for red rail project. If he can calculate 2.4 billion dollars by 200 he will know where the money is going. Then,he can now wait for job proper after inauguration of the minister on wednesday.

Aliakumu takaasuru, Atasuru timolikoobira
Ile aye asan bansa
Vanity upon vanity, everything on this life is vanity
Had it been she die in the hospital during surgical operation what would she do again in life with the money she has stolen? Her family will just be fighting for the money they did not labour for. While some she kept in the hands of friends will be their own forever. Self satisfaction is one of those problem that we are facing in this country especially among our leaders. There story life is just like a flies drinking palm wine from the calabash,the flies will never stop drinking until when it die and sink inside the palm wine.

madridguy:
Its not their fault, they have been blind folded with fallacious reports.

my only happiness on this is that the truth has finally come out. Yoruba says that, bi iro ba lo logun odun ojo kan looto maaba. That is if the lies is lasting for two years is only one day the truth will meet it. The so call christains who always see bad thing about islam will totally neglect this topic as they have known that is their christain fellow that is causing all the problem around the world. Since America have stated that they will support Nigeria to fight boko haram have you seen them doing anything on it. They know everything about boko haram. But one day,one day the truth shall come out.

bugzbunny:
Wait.... Just wait
Did u see wat dat fool posted?
He actually said he hates Jesus
Who says dat except fools and hell candidates
As for people who get pple angry abt islam
Look inwards... Isis.. Boko haram etc and dat bigot u are defending... Abeg find d source of islamophobia.. It aint me

sorry I don't know you quoted a post. At the same time is not all their useless post you will be interested in it. Today is friday,is an holy day. Pray for the progress of the this nation.

bugzbunny:
Bigot detected
Go hang urself
Hell awaits ur arrival....fooool

you are as well an infidel. I am a muslim and my religion does not teach us this nonsense you posted. If we check your status I'm sure you are not a muslim. You are only looking for a way to get people angry about islam. deceit from this, it will not help you.

What is the excuse in all what he's saying? Instead of him to accept that he is a failure at manchester united,he started saying rubbish. No wonder real madrid was also keeping you on the bench. Now if you also crumble at psg, you will start giving series of excuses. Pedro is also facing his own at chelsea looking for a way out. Everybody know that EPL is a very difficult league and it may be difficult for a new player coming to England to bend on time. Di maria have study his own ability and he knows for sure that he can't cope with the pattern of playing in EPL so he has to quite. Don't be surprise if similar thing happen to Depay.he has not done anything for manu but if he can put more effort,he might be the best player for manchester because he has the skill and other potential a good player must possess to become great.

The lazy PDP senator were running away. Is when it get to Amechi they proving to Nigerians that they are also fighting corruption but when they were following Saraki to CCB tribunal they did not see anything wrong with that. A set of hypocrite. Amechi is now a confirm minister they should just go and die.

Maybe morihno is also eyeing caneiro and he used the opportunity to send her away because of hazard. Hazard be like I will revenge of what you did to my girl because of jealous. And other of hazard colleague be like we are the one to play football he's just a coach. Is now we are going to know who is the boss between the players and the coach.

lygn19:
the yorubas would say kwankwaso is an igbo man in hausa disguise... lol''' mumu set of people from the South West, Oba of Akure get strength let him ban fulanis in ondo and watch if his throne wont go extinct, they only develop strength when it involves igbos.

who is mumu between the yorubas and the Biafra? Hope you know how fulani has been terrorizing your people over the years without anyone talking. Do they born your people well say anything,if not last week that your women came out in onitsha to complain the atrocity of killing,raping and kidnapping of your women after seen how yoruba lodge complian of what happen to Falae. I am not interested on this but I hate when somebody have nothing upstairs than to put sentiment or condemn other tribe. It will be better for you to go and learn how to leave with others situation. So,I see you and your colleague writing nonsense as a mate with fulani herds men

Then he should talk to his people to stop being hostile to their host community or anywhere they find themselves. Grazing does not make someone to be foolish. We have other tribe that rear animal in other country and they are not hostile. Killing,raping and kidnapping of their host community is a very bad attitude. Last week Anambra women also protested for raping and killing of their women.
So please invite or send a delegate to them to stop all their nonsense for a better Nigeria and unity.

gab264:
Useless man......
Buhari u shall not no peace
For the rest of yaa tenure.
Ur policies have shown who u truly are.
Boko haram will never end in the north.
Economy of the zoo shall crumble more and more.
No amount of policies shall revamp it again.
Buhari u shed innocent bloods just to get to dat sit.
But behold, thou shall not see it end, those bloods u shed are crying every day in the presence of our Almighty God.
Because of his anger, he has dispatched angel of destruction to the economy of this useless nation,.
Ur policies will turn to the worst.
Many have lost there jobs within this period of destruction.
Very soon Nigeria will crawl into reccesion, yaa foreign reserve shall be deplated, tribes and nations shall emerge.
Maa pple will have there freedom, there oppression are maa concern, am pained!! cus of it.
I will curse thaa who cus maa pple, there generation shall I curse.
I will spare not dis nation, for the wicked dids of thou leaders.
When u migth ave seen all this signs, u will no that am yaa God.

Thus says the lord.

oloriburuku somebody! Is your parent and your family at large that will die in abject poverty. You and your family will not see peace. Everything of your plan will result to sadness. Because I don't kknow what buari do to your family that cause all this your nonsense course. Digbologi were(Madman)

glassjar1:
ALLELLUIA , ALLELLUIA JESUS IS COMING VERY SOON ALLELLUIA CHRIST IS COMING !!






OTA FARM SHUT DOWN

you are complete nuisance. How would you be happy because of somebody's bad condition? Is that what your own bible teach you? I don't like Obj for anything but my quran taught me that I should not wish anybody death including my enemy. So, better change and make sure that you see a pastor for a deliverance and confession.

What is our business if at all you are not comfortable with the list? Your time is gone. You are no more relevant in this government. The problem you caused in the senate and house of representative is enough to sideline you. But, look at it everything will soon be over and Apc will treat your fuckup.

kokoA:
Ameachi is busy building his profile as a national politician while Wike iis busy playing local politics. Ameachi belongs to Nigeria while Wike belongs to Rivers

please were you there when we are debating on this issue of who is more popular between Amechi and wike? Wike is only popular in rivers while Amechi is popular both in Nigeria and outside the country. APC victory together with the issue of screening has make him popular.
One thing I will say is
SORRY WIKE!