₦airaland Forum

boron10: I don't really know, but the prices of most goods and services have remained stable for a long time now. You obviously do not understand what the 8.6% stands for.

It means on the average, the prices of all goods and services in the country have increased by just 8.6%.

Google inflation to get yourself more educated .

An in your wisdom you have refused to test this hypothesis yourself to see if this is the case? How much was a bag of garri 12 months ago and how much is it now? I mean just sample few goods and services, can you confidently say their corresponding increase is 8.6% as you claimed?

mrjingles: When inflation drops it DOES NOT mean prices drop. It means prices increase at a SLOWER RATE, as a rough example, 10% inflation rate means the GENERAL PRICE LEVEL increases from say 100 to 110 (this is calculated for a representative GROUP of commodities) some individual goods may experience higher than or lower than 10% so if the rate drops to 8% it does not mean prices drop from 110 but it means the level INCREASES by 8% instead of 10%. The benefit is that interest rates generally drop and this encourages demand for credit, boosts investment and creates jobs, it also helps stabilize the exchange rate. Its generally a dynamic balancing act. Prices APPEAR to remain static in some economies because they have very low rates of inflation of about 1.5-3%

What most of us are wishing for is DEFLATION which is a deadly thing to any economy, Japan had long period of deflation and that has almost crippled the export industry and the economy has stagnated with interest rates at 0% demand refused to increase. They Bank of Japan is now trying to devalue the yen in order to make Japanese exports cheaper to jumpstart the economy. Lets not lose sight of the fundamental issues please.

Does an increase of a bag of rice from N6,000 to N13,000 and some brand now cost N18,000 a small increase Dude use your brain!

greaterlove: I think inflation has been in check, i was having a discussion with one of my client on how stable the economy has been under Goodluck Jonathan unlike the unpredictable nature of it during the OBJ era. [b]Anybody in the building industry knows he or she once bought cement for N1900 in this country but now i bought cement for N1600 and between N1500-N1560 [/b]if i am buying wholesale depending on the quantity. Though we want more to be done, but we cant deny the fact that the economy is improving.

Does the bold not confirm the stupidity of some of you? If during Obasanjo's time cement was sold at N1900 and reforms where brought in to allow Dangote to produce cements bags in Nigeria at huge discount by the government at couple of years down the line you are still buying cement for N1650, does that not tell you the current government is a failure?

Some of you really need to use your brains rightly

[quote author=~Bluetooth]The other day Oby Ezekwsili called them to a public debate but till date,nothing has happened.

Voodoo economics at work ![/quote]I find it bizarre that even Okonjo-Iweala could not summon the courage to engage Dr. Oby in a public debate The much respected the international community had for her had gone like the wind.

Maybe people really do not understand what an inflation drop actually mean in terms of living standards and purchasing power of the citizens This na real voodoo economics

[size=13pt]Even though I Obasanjo's regime was corrupt, however, I HATE falsehood and I will counter this senseless OP with some of the achievement of Obasanjo that made a difference on the life of Nigerians.

1. The renegotiation and eventual settlement of Nigerian debt.

2. The consolidation of the banking industry; the institutionalization of transparency in the financial sector - Nigeria Banks became the toast of West Africa due to His reforms. Several hundred thousands of Nigerians gained employment and I remember when I got a text here in the UK that First Bank and Zenith were recruiting Nigerians in diaspora with banking experience for international operations in Africa and elsewhere, I was taken aback.

3. The opening up of the telecommunication industry -GSM alone created over 4 million jobs and changed the destiny of many Nigerians.

4. The liberalization of the education sector and the engagement of private sector participation and investment in tertiary education.

5. Space technology program (the launch of two satellites, SAT 3 and NICOMSAT) - Today, Nigerian farmers and Banks are leveraging on this effort, even though successive government have failed to leverage on this laudable project.

6. The energy and nuclear sector -Nigeria Integrated Power Projects, Nigeria Nuclear Policy on use of nuclear medicine was developed and some University teaching hospitals like UI are key benefactor of this policy.

7. The education sector - The era Nigerian universities had real hope in infrastructures. Ask any lecturer and they will tell you that era was one of their most golden era despite the strikes the embarked upon.

8. The ICT sector - His reforms brought about a complete reawakening of this sector and there was real hope that Nigeria will become a global giant in IT

9. The establishment of the Niger Delta Development Commission - Like it or not, this commission made positive impacts in some areas of the Niger Delta during it early days but today it is as useless as useless.

10. Abuja was transformed into a World Class city by Obasanjo. Yes El-Rufai was His outstretched arm that did all the work but Obasanjo was His back bone that made El-Rufai achieve what He did in Abuja.

11. All the Rail-Way projects current being completed were initiated by Obasanjo. The Ajaokuta -Alaja steel rail project - a standard gauge railway line was started and 70% completed by Obasanjo.

Indeed, as a result of the reforms enacted by the Obasanjo administration, Nigeria became one of the fastest growing economies in the world today. In 2002, the country's GDP grew by 21.1%, and from then until 2010, posted an annual growth rate of 9.15% , making it one the ten fastest growing economies in the world today. [/size]

[size=18pt]WHEN WILL HE JAIL ANENNIH, oh where is the one that was suppose to have been arrested as ordered by the national assembly and when hiding in Abuja, yet the same clueless man through the IGP told this nation the man has fled the country [/size]

When will we stop deceiving ourselves and be honest for once as a nation? Who are they fooling with these data? The prices of goods have good up astronomically and the earning powers of vast majority of Nigerians have not seen proportional increase yet someone expect us to believe these data?

Is it the case that our education as a people amounts to nothing

Which way Nigeria ... Judge wants to take "offering" and "tithes" from the beggars ...Have mercy on the poor. .. For God loves a cheerful giver

TRUTHTELA: It's known that US citizens pay their taxes while living abroad and as a U.S citizen, you have no escape route. YOU MUST PAY YOUR TAXES, one way or the other.

So, how come Nigeria citizens abroad don't pay their own taxes to the Nigerian government, or even file their taxes to prove that they've paid their own fair share of tax in their country of residence?

Pay taxes to those whose blood is cursed? You saw the Boston bombing... did you hear anyone come out to tell the people "We are on top of the situation" ... or "we need to pray more" Still you want me to pay tax to one clown whose son has a stomach like that of pregnant chimpanzee

[size=18pt]GOD FORBID BAD THING chei.. me pay taxes to clowns? [/size] my pounds is to the queen

tobnical: Presidency Reacts to ACN Order On President Jonathan Not To Use Lagos Roads on His State Visit.

STATEMENT BY THE SENIOR SPECIAL ASSISTANT TO THE PRESIDENT (PUBLIC AFFAIRS) DR. DOYIN OKUPE ON THE STATEMENT BY THE ACTION CONGRESS OF NIGERIA’S NATIONAL PUBLICITY SECRETARY, ALHAJI LAI MOHAMMED CALLING ON LAGOS STATE GOVERNOR, BABATUNDE RAJI FASHOLA TO PREVENT PRESIDENT GOODLUCK JONATHAN FROM VISITING LAGOS

Our attention has been drawn to the unfortunate and irresponsible comments of Alhaji Lai Mohammed, National Publicity Secretary of Action Congress of Nigeria (ACN) in respect of President Goodluck Jonathan’s impending visit to Lagos.

Lai Mohammed is obviously misguided and mischievous in his disposition. It is difficult to understand or explain how he expects Governor Babatunde Fashola to control or obstruct the movement of President Jonathan, the President and Commander -in Chief of the Armed Forces
of the Federal Republic of Nigeria.

It is obvious that Alhaji Lai Mohammed does not have the least of understanding of the workings of government or official protocol. The insult to the president of the nation who is the symbol of our collective sovereignty as contained in his letter to Governor Fashola is obviously a
product of a warped mind that is equally evil and unprogressive. We have always known that Alhaji Mohammed is not fit to be a national officer of a decent political party as evinced by the outbursts and vituperations that emit from his shallow mind.

We know for a fact that Governor Babatunde Raji Fashola is of higher breed with proper upbringing and will not descend to the level of debased political wretchedness to which Alhaji Mohammed belongs.

We wish to state categorically that the President’s visit to Lagos cannot in any way affect the proceedings of the ACN convention or its proposed merger with other parties. Such thinking can only come from a mind intent on making mischief and raising false alarm as usual just in order to score cheap political points and heat up the polity unnecessarily.

Nigerians must now know Alhaji Mohammed for what he is: a confusionist, scaremonger and a debased politician with a belly full of deceit, mischief and treachery.

Signed: DR. DOYIN OKUPE
SSAPA, APRIL 17, 2013.

Tell me why I would take a government with a spokesman that write in this manner serious Even if ACN said they were going to let hell loose in Lagos during the visit, is there no longer a diplomatic channel in government where issues of this nature can be discussed and resolved amicably?

okosodo: It will not change anything, since i heard his lawyer saying that he is a landlord of 45000+ buildings in edo state. But we need oshiomhole as president of this dungeon called nigeria.

It will change alot! Now the government will move in and unearth other lands He illegally acquired from innocent Nigerians and have them revoked!

[size=18pt]That is why I said... OSHIOMHOLE MUST BE IN ASO ROCK COME 2015 .... Whether as President or Vice... Nigeria needs Him there![/size]

pcnwamadi: i neva knew people are still dis stup.id and sensele.ss. so u want GEJ to archieve in 2yrs wat ur born to rule people didnt archive in ova 30yrs in power.. u must realy be a goat in human form.. anumal

I think it is obvious that you are a disgruntled element for failing to realize that GEJ has been part of this government since 2008 and has been in charge since 2010.
It is even laughable that you think 2 years is not enough for a serious leadership to set straight a foundation of change people can believe in. Is it not true that Nigerians are more in despair today than they were before GEJ became President? With the trillions He has spent without any meaningful appreciations in the Life of Nigerians, do you still need any further gospel to tell that GEJ is a failure extra-ordinary?

Better wake up and use your brains...

peleson: U r on point... No thanks to madam patience jonathan!!! That woman started this unholy war between these two gentlemen. She is now busy with her health if not, it would v gone beyond this by now. Okrika is in Rivers central n v gotten the governor slot so the only Zone remaining is Rivers South-East zone!! Sekibo should not engulf Rivers state by leaving the senate to wike to contest for the governor. That is exactly their ill game plan... Using the presidency for selfish political interest. It's all about them n not the good people of Rivers State

Many are the schemes of men.. it is only God's purposes that prevail. She can only scheme, only God knows if she will make it beyond 2014...

peleson: GEJ can never ever go to jail!! Mark my word!! Am not the arguing type. Within 2 years GEJ has taken control of leadership in every corners of Nigeria. OBJ achieved that in 6years after having to be loyal to IBB n CO for a lengthy time, Rubbished by unprofessional orji kalu who always says he sponsored Obj , knelt down to beg Atiku *dobale* KAI!! What a shame!! Learn this, GEJ wishes always prevails... TUKUR then ANINEH .
At the end, AMAECHI heads to the SENATE.
C'est fini !!

Go sidoon for one corner... political neophyte. 2014 is not far..is it? Keep fooling yourself in delusion that GEJ has taken control of leadership in every corners. GEJ can only raise His finger His backward Bayelsa, where History will never forgive Him for robbing the people the chance to choose a leader that would bring development to the state. Look at the Dickson He installed like an operating system... one word described Him --GIGO ...

ckkris: 1. Amechi dealth with Odili so mercilessly that the doctor was just stunned, like can human beings do this to their mentors?
2. Amechi then turned on Nyesom Wike, who helped to install Amechi, and seemed to succeed also.
3. Amechi then boldly takes on the entire South-south, and South-east, and the Middle-belt, hoping to sell them to Babangida, and cause them to lose the few benefits they're trying to recover.
4.Game on

All Amaechi would do is tell the world the "macro" behind the 2011 election "spreadsheet" that produced the 99% turn out in Rivers and GEJ will be back to Otuoke before the end of 2014 ...

[quote author=trix!]Of all the ridiculous things I've read on NL, this definitely takes the price.
So its Ok for the states and LGA to under-perform as just because you feel the FG isn't performing?

I keep telling people that is is much easier to hold your counselor/ward chairman/LGA chairman accountable, than to be looking at far away Aso Rock.

Lets join hands together and make Nigeria great! The change must begin from the bottom up! [/quote]You are missing the great gospel of Nigeria autocratic democracy! How do you hold your counselor/ward chairman/LGCDA chairman etc to accountability when the FG who is the custodian of the institutions that ought to be the platform on which concerned citizens will call the account these leaders and made them face the full weight of the law when found wanting?

Imagine I have information on a corrupt dealing by a LG Chairman, who am I to turn to? is it the Police that is synonymous with corruption? Is it the Judiciary that is a custodian of the grail book of corruption? of is it the supposedly anti-corruption commissions that are monuments of corruption themselves? Else are you suggesting I take the laws into my hands become a Bokoharamist and bomb bomb bomb?

Lets call a spade a spade. The FG has failed eternally to create the institutions highly needed by Nigerians for them to become the "first eye of witness" who keeps the society in watch.

So in the bedeviled world of this disgruntled OP, ACN is now the only party that has governors? Who bewitched you with such a daft brain Doctor that smuggles 'things' to equatorial guinea?

If delta miss this opportunity, then I see them becoming tenants again in Benin City

chima12: Amaechi deserves to be dealt with severly.he deserves the tafa balogun treatment.any person from SS looking for vp position while the SS currently occupies the presidency is a tool being used against the SS.amaechi is displaying some snakey attributes which can be linked to his first name,rotimi.unsurprisingly he took the display of his snakey nature a notch higher in a gathering of snakey characters in ekiti.

What has South South gained from having a drunken man as a President? Is the East-West road now complete? How many of the Major roads in South-South has been completed? How many of the universities, Federal Schools in South-South has seen any change since a South-South became the President?

Why have people like you not learnt the lesson that it is not the I have my own person in the Presidency that will bring food to your table, rather it is visionary men and women, who can think and proffer solutions to problems not those who hire men that tell a nation witches and demons are the ones making PHCN not to give Nigerians electricity

Do you not really think Nigeria has plunged too low in the committee of nations and indeed, Nigerians have seen their purchasing power and survivability reduced due to the wicked, atrocious, cruel and visionless leadership the so called South South man has visited on the country? Has there ever been a time in the history of Nigeria that the Presidency has been reduced to such as shameless and battered image? Today, when one thinks of the Presidency, what comes to mind is monumental corruption and supporter of elite criminals ..

A Border Force worker from Stansted Airport quit his job by baking a resignation 'letter'.

Chris Holmes, from Sawston in Cambridgeshire, told airport bosses he wanted to devote "time and energy" to his family and business interests.

An image of the iced resignation went viral on Twitter within hours of Mr Holmes' brother-in-law posting it on the social networking site.

The Border Force said Mr Holmes "leaves with our best wishes".

Mr Holmes delivered the white iced resignation cake on Monday, his 31st birthday. He had worked at the airport as an immigration officer for four years.

He tweeted he was "overwhelmed by the positive response" from members of the public.

Bill Form, Border Force assistant director at Stansted, said: "Chris handed in the cake, along with a more formal letter, yesterday.

"He leaves with our very best wishes and we wish him well for the future."

Steven Livingstone tweeted: "His cake writing is better than my writing. Impressive."

solomon111: I disagree with the article in respect to the mali situation.
The Nigerian army have not been relegated to the background,the move was purely tactical.
Btw we can't compare the foreign policy of OBJ with GEJ,without taking one salient fact into consideration.
Nigeria is currently facing the worst internal insurgence in its history.
You don't expect GEJ to focus its military in
foreign lands when we have myriads of terrorist attacks back home to counter.
OBJ never had bokoharam insurgence during his tenure,so the military were not distracted by internal insurgence ,which is why they were able to fully focus and forcefully exert themselves in peace enforcing /peace keeping.

Oh.. was MEND not terrorizing Nigerians and Nigeria during Obasanjo's reign? You clowns will always come up with excuses to defend a President that does not have a sense of inkling of what the position He occupies means.

chizel: Those of you calling GEJ names as clueless and shoeless,let me ask you,w hat has ur fathers achieved in life politically and otherwise?morons,that's what all of you are.

Is your father also clueless and shoeless? Is your father a murder too? Is your father an ingrate and a disgruntled element? If yes, End of Discussion... else visit YABA Left..

Billyonaire: Amaechi must be wetting his pants already....boys will always be boys...

Shallow brains like you under estimate Amaechi... we already know who will laugh last when GEJ will begin His 7 years jail term.. remember I told you first....

Sincere 9gerian: I hope you saw the inscription of SURE-P on the bridge? On this forum, we speak of only what we have SEEN and touched. We are not saints but we dont tell wicked lies. Not that it is fantastic to fix street lights but these are promises made and promises KEPT.

I also made mention of all the Op wrote on my thread about SURE-P.

Note, not all FG projects are being done by SURE-P. For instance, the Oshodi-Apapa road is being re-constructed by Julius Berger at the moment but SURE-P is not involved in it.

Weeping endeared for the Night but JOY MUST SURELY COME IN THE MORNING . Nigeria's darkness moment is about to come to its end.. You God has remembered the cries of the millions.. No amount of Internet propaganda will reverse Gods purpose. You better reposition yourself before it is too late.

TalkiNadu tv BREAKINGNEWS: Factional leaders of e-bigot and e-tribalist on NL from the SE zone of the country rejects amnesty, says proponents of this idea are evil, raises elders to meet with Seunin earnest.

Roland17: According to the #CNN, the JFK bombing is "Fire Related"

[size=18pt]CONFIRMED [/size]

[size=18pt]CONFIRMED: 3rd Explosion at JFK Presidential Library and Museum in Boston. [/size]

PHOTOSPEAKS:

Billyonaire: Due to the Security Situation in United States, Nigerian Citizens resident in that country are hereby advised to remain in-doors or report to the nearest Nigerian Embassy. There was an Explosion in the North Eastern City of Boston, in what Security Expert term a Terrorist attack leaving scores dead and many wounded. It could be recalled, that in September 11, 2001, over 3000 people were killed and tens of thousands of others wounded in a terrorist attack in that country. The struggling Economy of the once great country in Northern America has been going through recessions and joblessness due to wars and mismanaged economy. Recent attack can not be unconnected with the struggling popularity of the Barrack Obama who is trying hard to unite the Muslims and the Christians in that country. Among other issues of contention is the gay rights, immigration and tax reforms. Nigerian Citizens in that country are advised not to go to cities like Boston, New York and Mississippi. The Nigerian Government is watching as the insecurity is handled and will advise if there is need for Nigerians to return back home for Safety. Rip to the Dead.

[size=18pt]Please, can we desist from making comments that does not reflect the position of the Federal Republic of Nigeria at this time on this matter. This is not a time for joke...[/size] You are free to comment but please do not imply reference to the Nigeria State in your comment.

More Pictures..