₦airaland Forum

I have been thinking very hard lately, I have this very big office space here in Lagos and i have no idea what exactly to do with such space. So, I am thinking about an IT hub where i can get to work with younger and vibrant people like me. I will like to know exactly what it takes to start something of that nature up.

what a way to come into fame... She doesn't sound relevant anymore. Am so sick and tired of hearing this story.

w

So bros you just come here dey yan bons the cover am up with English abi.

I think you really need to go back to your history classes. You obviously know nothing about the Benin people and there culture. so why dont you restrict you writings to your culture which i doubt you know little or nothing about.

you can say that again the guy actually left the topic to talk about something else... Folks like this are the problem we have with our country.

firstking01:
Smh, you need serious help from this your ignorant state

These are one of the very problems with my country, we judge by the certification, even when in an Ideal society HND is an equivalent of a bachelors degree. SMH

herzern1:
Don't qo and buy Jamb form.


HND is useless!!!!

Well the same person was given admission to study in Ambrose Ali University before her ND program and couldnt afford the acceptance fee and decided to settle for her ND and also choose to work to support herself during the program.

herzern1:
Don't qo and buy Jamb form.


HND is useless!!!!

My friend graduated as the best student (distinction) in her department from her National Diploma ND program at the Federal Polytechnic Auchi, and wasn't giving the admission for a Higher National Degree HND program in the same school. Honestly i don't really know whats going on with this institution. Everything seems to be money driven and not merit. From my inquires i learned that the admission into the school is usually based on slots and admissions usually bought for as much as 40k, 50k and 60k. The computer based test results were not published to ascertain the performance of applicants so I wonder the criteria the school management used in admitting applicants because from what i heard application who initially graduated with even a low credits and even a pass have been given admission for the same. Every single moment I lose hope in this our country Nigeria. smh

Please make correction its not HRH, its HRM (His Royal Majesty (HRM) Omo N'Oba N'Edo Uku Akpolokpolo Ewuare II

dont you see how pathetic you sound...

HtwoOw:
So you benefitted from PRESSID YOUWIN, TAN, GIS?


Bwahahaha funny

patriotic9jaboy:
This is to appeal to every southerners that our future is in our hands. A united south is what we need now to stand against northern oppression and divide and rule tactics. We must ensure we work together to restore power to the south by 2019. The north obviously has a grand plan of retaining power for so long and this is obvious in the way Tinubu is been put in check so as to limit his influence in the party decisions and made irrelevant in the scheme of things. We never expected such treatment from the north after all we did to support Buhari in the last election. Oyegun is obviously been used to fight a proxy war with Tinubu by the born to rule caliphate up north who will do anything to render his power bloc handicap so as to ensure their grip on power. We need the support our SS/SE brothers to make this happen. Lets us unite and forget all grievances. A united south can wrestle power away from the north with the support of Christian minorities in the middle belt and the north. GEJ was a bad president contrary to our thoughts in 2011 when we supported him massively with our votes. He failed woefully and corruption thrived to the highest heavens during his tenure. Contrary to the believe of our SS/SE brothers, yoruba's did not vote Jonathan out because of hatred or betrayal. He simply under-performed and did nothing for the SW region and even boasted that Igbo's are the backbone of his presidency forgetting that the SW supported him massively in 2011. Buhari appeared to be the messiah but so far, the hardship in the land is so unbearable and there is no end in sight to the present predicaments facing us as a nation. Buhari has no economic blueprint and his style of governance is archiac and filled with bad policies like banning forex for importation of consumer goods and releasing the same scarce forex for Islamic religious pilgrimage. It's a bad situation we are in and we need to co-operate to undo this mistake in 2019. Every one is facing hardship and bearing the brunt of inflation and recession irrespective of our tribes and regions. This is why we need the support of our SS/SE brothers in 2019 to vote buhari out. Let's form an alliance and forget past mis-deeds. We are better united in the south than been ruled by a primitive caliphate who believed they are born to rule without positive results....



God bless SW /SS and SE

look the average southerner or south easterner see the Yoruba man as a betrayal, a bunch of cynic people. History repeats itself first with Awolowo in the 60's and the most painful was in the 2015 general elections. I watched a debate of TVCN lately with one yoruba lawyer making very insensitive statements, how it was Awolowo's Idea of a humanitarian blocked that brought about the end to the Biafra war SMH i bet that dude never saw his History teacher back in school.
Am a core Niger Delta Boy and i have my reservation about the Yoruba people haven spent nearly 7years in the heart lands of the south west. Sorry to day they are never to be trusted. Don't talk about an alliance against the north come 2019. i will give my votes to northerner over any yoruba interest. The whole idea reminds me of theproverb keep you enemies close and your friends closer.

Guy abeg go baff... you don chop so?

I SPENT NEARLY 6 YEARS IN THE WEST AND NEVER FOR A MINUTE ACCEPT THE YORUBA SIDE OF THIS HISTORY. THE TRUTH IS WHAT IT IS. NO YORUBA THRONE CAN BE COMPARED TO THE IMPERIAL THRONE OF THE BENIN DYNASTY.

make i book this space first... I go come back

I, Brigadier Joshua Nimyel Dogonyaro, of the Nigerian Army, hereby make the following declaration on behalf of my colleagues and members of the Nigerian Armed Forces.

Fellow country men, the intervention of the military at the end of 1983 was welcomed by the nation with unprecedented enthusiasm. Nigerians were unified in accepting the intervention and looked forward hopefully to progressive changes for the better. Almost two years later, it has become clear that the fulfillment of expectations is not forthcoming.

Because this generation of Nigerians and indeed future generations have no other country but Nigeria, we could not stay passive and watch a small group of individuals misuse power to the detriment of our national aspirations and interest.

No nation can ever achieve meaningful strides in its development where there is an absence of cohesion in the hierarchy of government; where it has become clear that positive action by the policy makers is hindered because as a body it lacks a unity of purpose.

It is evident that the nation would be endangered with the risk of continuous misdirection. We are presently confronted with that danger. In such a situation, if action can be taken to arrest further damage, it should and must be taken. This is precisely what we have done.

The Nigerian public has been made to believe that the slow pace of action of the Federal Government headed by Major-General Muhammadu Buhari was due to the enormity of the problems left by the last civilian administration.

Although it is true that a lot of problems were left behind by the last civilian government, the real reason, however, for the very slow pace of action is due to lack of unanimity of purpose among the ruling body; subsequently, the business of governance has gradually been subjected to ill-motivated power play considerations. The ruling body, the Supreme Military Council, has, therefore, progressively been made redundant by the actions of a select few members charged with the day-to-day implementation of the SMC’s policies and decision.

The concept of collective leadership has been substituted by stubborn and illadvised unilateral actions, thereby destroying the principles upon which the government came to power. Any effort made to advise the leadership, met with stubborn resistance and was viewed as a challenge to authority or disloyalty.

Thus, the scene was being set for systematic elimination of what, was termed oppositions. All the energies of the rulership were directed at this imaginary opposition rather than to effective leadership.

The result of this misdirected effort is now very evident in the country as a whole. The government has started to drift. The economy does not seem to be getting any better as we witness daily increased inflation.

The nation’s meager resources are once again being wasted on unproductive ventures. Government has distanced itself from the people and the yearnings and aspirations of the people as constantly reflected in the media have been ignored.

This is because a few people have arrogated to themselves the right to make the decisions for the larger part of the ruling body. All these events have shown that the present composition of our country’s leadership cannot, therefore, justify its continued occupation of that position.

Furthermore, the initial objectives and programmes of action which were meant to have been implemented since the ascension to power of the Buhari Administration in January 1984 have been betrayed and discarded. The present state of uncertainty and stagnation cannot be permitted to degenerate into suppression and retrogression.

We feel duty bound to use the resources and means at our disposal to restore hope in the minds of Nigerians and renew aspirations for a better future. We are no prophets of doom for our beloved country, Nigeria. We, therefore, count on everyone’s cooperation and assistance.

I appeal to you, fellow countrymen, particularly my colleagues in arms to refrain from any act that will lead to unnecessary violence and bloodshed among us. Rest assured that our action is in the interest of the nation and the armed forces.

In order to enable a new order to be introduced, the following bodies are dissolved forthwith pending further announcements: (a) The Supreme Military Council (b) The Federal Executive Council (c) The National Council of States. All seaports and airports are closed, all borders remain closed.

Finally, a dusk to dawn curfew is hereby imposed in Lagos and all state capitals until further notice. All military commanders will ensure effective maintenance of law and order. Further announcements will be made in due course. God bless Nigeria.




Copyright 2016 TheCable. Permission to use quotations from this article is granted subject to appropriate credit being given to www.thecable.ng as the source

Ask4Info:
[b]I AM SORRY BUT I THINK MAJORITY OF NIGERIANS DESERVE SUCH TREATMENT.

WHEN YOU ALL SHOULD ALL COME TOGETHER AND UNITE AND FIGHT THE COMMON ENEMY YOU PEOPLE LOOK FOR THE SLIGHTEST OPPORTUNITY TO CURSE EACH OTHERS TRIBE AND RELIGION. AS IF YOUR ETHNIC BACKGROUND AND RELIGION IS THE REASON WHILE THE OTHER MAN ISN'T PROGRESSING.


Don't be surprised that you will be aer

TAKE A LOOK AT YOUR MATES IN EGYPT, USA, FRANCE, PAKISTAN AND EVERY OTHER SANE COUNTRY. AS SOON AS THERE IS A MALTREATMENT BY THE GOVERNMENT ON A CITIZEN, WITHIN 24 HOURS THOUSANDS OF PEOPLE WILL TAKE TO THE STREETS FOR SOLIDARITY. IN NIGERIA THE CASE IS THE REVERSE.

AFTER THE MASSIVE CORRUPTION DISCOVERED IN THE NATIONAL ASSEMBLY, WHO WILL BELIEVE THOSE ANIMALS WILL STILL BE IN THAT BUILDING. A PLACE WHERE THE YOUTHS SHOULD HAVE LONGED OCCUPIED AND CHASED THEM AWAY.


SOME POVERTY STRICKEN INDIVIDUALS ARE STILL SUPPORTING PATIENCE JONATHAN CLAIMING OWNERSHIP OF THE $20M DOLLARS.


INSTANGRAM, FACEBOOK, TWITTER AND NAIRALAND WON'T HELP. YOU ALL SHOULD STOP BEING CHICKENS AND GO OUT THERE TO FIGHT FOR WHAT IS RIGHTFULLY YOURS.[/b]

don't be surprised you could be arrested for making this comment lol

Smh Oluwa what is this biko.

''SENTENCING THE NAIRA TO DEATH.''



'The monetary policy committee chaired statutorily by the central bank governor has done a lot of economic damage to Nigerians over the last couple of years, ranging from the mismanagement of Nigeria’s foreign reserves, to the abuse of the apex banks recruitment policies, to the inefficiency of its core function of over sight on the banks and many more. While Nigeria’s economic problems cannot be divorced from its political source, and our present economic predicament is clearly politically oriented, the worst thing however, that the apex bank under Emiefele’s watch has done against the economy is the DEATH SENTENCE passed on the Naira.

The Godwin Emefile led CBN instead of protecting the Naira murdered the Naira in cold blood and the country’s economy with it when he succumbed to pressure from interest groups like portfolios managers, and multi-lateral organisations such as the International monetary fund (IMF) and the World Bank to devalue the nation’s currency. The plot to devalue Nigeria’s currency was hatched from the boardrooms of Capital venture firms in New York and the board rooms of the International monetary fund in Washington. When Emir Sanusi in October 2015, through a CNBC broadcast implored the central bank to devalue the Naira and pegged Nigeria’s future economic growth and development to a devalued naira, I was genuinely scared for our Naira. I received it with terrible shock that sent shivers down my spine. Emir Sanusi, who was the apex bank’s governor between 2009 to 2014, went ahead to suggest in that broadcast that President Buhari would need help in dealing with the economy implying that he seemingly wasn’t getting enough from Governor Godwin Emiefele on monetary policies issues. I was scared because Sanusi Lamido Sanusi’s tenure as CBN Governor remains one of the best in terms of the strength of the Naira.

Sanusi defended the naira and saw to its stability through deft foreign exchange policies that included the use of forex supplies and official price pegging to halt the downward spiral of the naira. It is important to state for the record that when Sanusi was made the central bank chief on May 29th 2009, the naira was trading at 180 to a dollar at the parallel market. His predecessor had all but stopped selling forex to Bureau de Change operators and was in the process of implementing a controversial policy of selling forex to operators who had a minimal capital requirement of 500 million naira, there by leading to shortages of forex and that drove the price of the Naira to a dollar to 180 in the parallel market. When Sanusi took charge, he stabilized the market. He sold to bureau de change operators and reduced the capital requirement that was introduced by Charles Soludu while at the same time introducing a new regulatory framework to checkmate the excess of banks in forex dealing. Sanusi registered banks as BDC Operators and practically reconciled the official rate and the black market rate within weeks and eliminated what is referred to as round tripping. Sanusi spared no expense in defending the Naira as the central bank governor.

By February 2014 when President Goodluck Jonathan removed Sanusi from his exalted position unceremoniously and unconstitutionally, the naira was trading at 160 to a dollar at the parallel market. This proves that Sanusi Lamido Sanusi in actual fact left the naira in a better position than it was, when he assumed office and it was by design. So when Sanusi as Emir started making a strong case for devaluation and suggesting that President Buhari wasn’t getting the right advice, I employed my thinking hat immediately. Emir Sanusi is believed to have close links with the ruling All Progressives Congress. Emir Sanusi has been reported in the news with photographic proof as a guest of the president Buhari at least five times since he won the election. He even went on a lesser hajj with President Buhari and has shown that he has unfettered access to the President. So why the outburst when he could privately advice the President? The reasons which are as revealing as it can get are by extension the pressure element against Emiefele and the President by portfolio managers; and Emir Sanusi seemed to be a willing and interested tool.

Emir Sanusi is no longer a public servant in the central bank. He is an Emir and currently chairman of Blackstone and Black Rhino group. A venture capitalist firm that could gain from the devaluation of the Naira. When Ibe Kachiku announced the increase of fuel price to 145 naira I smelt a rat. It was the beginning of the end of the naira as we know it. Vice President Yemi Osibanjo insisted that subsidy was not removed but that the central bank had increased the rate of dollars to fuel importers from 190 to 290. I knew at once that the naira had been devalued. Newspapers reported the devaluation to the amusement of most Nigerians because our president had assured us several times that the Naira would not be devalued. He once asked a journalist a beautiful question, he asked and I quote “What is the benefit of a devalued naira to the economy” no one can give a cogent economic reason or justification for a devalued naira in an economic recession.

There are no economic indices anywhere on earth to justify it. Anyway, Emefele denied reports of a devaluation and insisted that the Naira was not devalued. I asked a learned friend of mine that if the Naira wasn’t devalued, then what is the rationale of selling dollars to fuel importers at 290 Naira to a Dollar? No answer was tenable until Emiefele summoned enough courage to let the cat out the bag few weeks later. Godwin Emefele finally announced on May 25, 2016 the much anticipated Naira devaluation. Bloomberg and CNBC reported on their economic news desks with fanfare that we have finally done the needful. Be rest assured that when those media organizations praise your economic policies, it may mean that their home countries are benefitting from it. Statistics from the National Bureau of Statistics weeks after the devaluation has proved that the nation’s economy has started reaping the reward of what the CBN has sowed.

The Central bank went ahead to do what portfolio managers from the west insisted they do before returning their investments to Nigeria. It is noteworthy that portfolio managers repatriated their investment last year when the President started showing glimpses of economic cluelessness in the face of a sharp fall in crude oil prices. This led to a level of economic uncertainty never experienced before and they took away their estimated $10 billion. It affected dollar liquidity in the economy. The Central bank displayed confusion in the middle of the crisis and the naira slumped as the CBN obviously didn’t have a plan to curb the liquidity.

These managers demanded that we float the naira in order for them to return their investment. These investments cannot be referred to as foreign direct investment in the first place because portfolio managers mainly trade on currencies and make money without really spending it. They move their money and trade when speculators ask them to and never invest in a factory or a farm. Portfolio managers do very little to improve a nation’s economy but specialize in capital flight which is a minus to any sensible economy. President Buhari has been reported to be unhappy about the devaluation, but the naira in Nigeria cannot be devalued without the consent of the president. A devalued naira is the first step in obtaining IMF loans and a condition that must be met for President Buhari to even be in a position to ask for such loans. In John Perkins Classic non-fiction, THE DIARY OF AN ECONOMIC HITMAN, he proved that such loans are meant to imprison a country economically and stunt their development forever. John Perkins had worked in different countries as an agent of these economic killing organisations. I am yet to see a developed economy that did so by such neo liberal destructive policies.

The case for a devalued naira is impossible to make in a country like Nigeria that produces almost nothing. South East Asian countries have over the years mastered the act of currency deviation for obvious reasons. Asian giants such as Japan and China have equally employed the devaluation tactics for export reasons. Because of the trading and economic dexterity of western countries, the only way they stand any chance to export is to devalue to make their products competitive and exportable in the international market. Western countries have for a while, sealed the faith of the Asians with dubious use of local and export subsidies as well as trade agreements amongst themselves. The Asian’s only chance is devaluation.

In Nigeria’s case we do not have an economic basis to devalue the nation’scurrency as we depend almost completely on imported goods from cholesterol free oil to toothpicks, from match sticks to mouth washes, we depend entirely on imported goods. How on earth can you devalue to sooth the aggrandizement of the IMF and portfolio managers to the short, medium and long term peril of our economy? The CBN responsible for the nation’s monetary policies and the Federal Government in charge of Nigeria’s fiscal policies have both mortgaged the future of our people and our economy to the interest of venture capitalist and portfolio managers from New York and London and to the interest of the International Monetary Fund in Washington.

This wrong doing is a stark reminder of the fact that our country remains colonized economically. This is evidence yet again that though we claim to be independent politically, Nigeria is as much a colonized country today economically as it was a century ago. These political and economic leaders of ours do not mind the consequences that their policies will bear on the average Nigerian because they feel secure and immune to the economic cancerous spell cast on our economy by they and their pay masters. Godwin Emefiele’s ill wind that he sowed on May 25, 2016 when he devalued the Naira has felt the depth of the soil. Oxygen and carbon dioxide have both acted on it as well as economic manure and vitamins. It has germinated over the last few weeks and it is now harvest and reaping time. We are currently reaping a storm from the ill wind sowed by the chairman of our monetary policy committee tasked with the protection of the naira.

The economic storm is brewing. Nigeria’s gross domestic product that was $510 billion dollars before the devaluation dropped immediately to $350 billion dollars after the devaluation. How do you justify a policy that reduces drastically the value of the entity? This has reduced the value of the nation, its wealth, its reserves in Naira, its local investment and has sharply depreciated the enticing factor in foreign and local direct investment. This is a fraudulent policy. HENRY BOYO, one of Nigeria’s foremost economic columnists described the CBN devaluation policy as an act of 419 on us all. No right thinking organisation or geographical entity depreciates the market value of the state.

The per capital income which is one of the most notable economic indices in measuring a nations standard of living was not spared. Nigeria’s per capital income was well over $1000 before the devaluation. But the per capital income of Nigeria today is less than $600 after the devaluation. This means that the average Nigerian has lost about 50% of the value of his income and the value of his money as well as the value of all his investments. HENRY BOYO and most economic analysts put the value of the loss at 60%.This simply means that every Nigerian is 50% poorer today due to this sacrilegious policy. This is a pure case of spreading poverty. Statistics from the national bureau of statistics show that out of the over 17 trillion naira in Nigerian banks, over 90% of depositors have not more than 25,000 naira in their accounts with 2% of the depositors having more than 500,000 naira in their accounts. This shows that poverty is entrenched in Nigeria and Emiefele’s devaluation has just increased real and scientific poverty by at least 50%.

Nigeria’s present economic woes cannot be put to the door step of only the presidency and Governor Emeifie’s CBN but their policies have worsened the economic situation they inherited and have taken it to a new high with the devaluation policy. President Buhari asked a brilliant question three months ago when he insisted he would not allow the nation’s currency to be devalued. He asked “what is the benefit of a devalued naira to our economy?” Perhaps that’s the most brilliant question he has asked since May 29th 2015. None, he said. He was right; there is no rationale economic reason to devalue one’s currency. But like he has shown all through his presidency, his ability to stick to his guns in the face of immense pressure and intimidation tactics has been proven time and time again to be fallow.

Our Government seems to lack the depth and conviction to pursue and stick to a homegrown economic dependency and rationale policy. The value of Nigeria’s stocks traded at the stock exchange was not spared of this economic carnage. If Nigerians actually know what they have lost to devaluation of the naira, they would probably take to the streets to protest. The value of all stocks traded in the stock exchange was $48 billion dollars before the devaluation. Today, the value has dropped to $25 billion dollars. Our much touted pension funds of $25 billion dollars lost $10 billion dollars in value immediately. Tell me is this is not a heist.
How can a government accept a policy that would subject hard working Nigerians to lose 45% of their life savings in pensions? The Nigeria customs in an announcement last week notified the public that duty would be calculated by 290 Naira to a dollar and no longer 190 to a dollar. This means that clearing cost has gone up by at least 50% in a country where we depend almost entirely on importation. What exactly does this government intend to achieve with this diabolical devaluation policy? The fate of the Naira has been sealed and our leaders have acted as willing tools in the hands of portfolio managers and multi-lateral organisations such as the International monetary fund. In doing so. My country’s economic future is looking extremely bleak and the death certificate of the Naira, I presume has been written.'

courtesy -Thelinkng.com

New video of SpaceX explosion
New video captures SpaceX explosion 57 Mins Ago | 00:31

A SpaceX rocket blew up on the launch pad at Cape Canaveral on Thursday, shaking nearby buildings and spewing smoke into the sky, two days before its planned liftoff with an Israeli satellite.

The satellite was intended to expand broadband and video services for the Middle East and parts of Europe and Africa, including a Facebook project to expand internet access in sub-Saharan Africa.

In a tweet, SpaceX CEO Elon Musk said accident happened when propellant was being loaded, but the cause of the explosion was not determined.

In an earlier statement, SpaceX said there were no injuries but the "anomaly" on the launch pad destroyed the Falcon 9 rocket and its payload, the Amos-6.

According to SpaceX's website, its standard payment plan for a Falcon 9 launch is $62 million.

The explosion happened around 9:15 a.m.

"There are no hazards to the general public," Brevard County Emergency Management Director Kimberly Prosser told Florida Today. "We're monitoring the situation, but there have been no requests for assistance."

Saturday's launch was supposed to be SpaceX's ninth this year and 29th since its initial venture in June 2010. The mission was to place a communications satellite belonging to Israel-based Spacecom into orbit over the equator.

Facebook had partnered with French telecommunications firm Eutelsat to use the satellite. Eutelsat said the loss of the satellite could cost the company up to $56 million through 2019.

Israeli newspaper Haaretz said in October 2015 that the satellite cost $300 million to build, and was supposed to operate for 16 years.

Last week, Beijing Xinwei Technology Group agreed to buy Spacecom for $285 million, according to Reuters. However, the deal was contingent on the successful launch and in-orbit testing of the Amos-6 satellite.

The explosion happened while Facebook CEO Mark Zuckerberg was in sub-Saharan Africa.

"As I'm here in Africa, I'm deeply disappointed to hear that SpaceX's launch failure destroyed our satellite that would have provided connectivity to so many entrepreneurs and everyone else across the continent,"Zuckerberg said in a post. "Fortunately, we have developed other technologies like Aquila that will connect people as well. We remain committed to our mission of connecting everyone, and we will keep working until everyone has the opportunities this satellite would have provided."


SpaceX has had other setbacks. In June 2015, an unmanned SpaceX CRS-7 rocket exploded about two minutes after liftoff from the cape during a mission to carry cargo for the International Space Station. Musk blamed it on a structural failure.

SpaceX resumed launches in December 2015, when a Falcon 9 rocket blasted off from Florida with a payload of communications satellites. As planned, its reusable main-stage booster landed safely near its launch pad.

Oluwa ooooh

Here we go again

This is indeed strange

where did this uncircumcised fa*got come from... oh i forgot he is a yoruba boy.

SONofYORUBA:
They're powerless to oppose.

The same bills Yorubas have been opposing while una keep mute?

Enugu can't escape the bill though. The state belongs to Fulanis.

His life was not a waste he died for what he believed in.

ChangeIsCostant:
see as his life has just been wasted for nothing ..RIP

did you read the post upside down?

Dotwillis1:
is it only fat women you have in your village to marry ? .... Or they tell you say marriage dey mk women fat?