₦airaland Forum

finallybusy:
Will it be completed in our lifetime? The Millennium Tower in Abuja is still in construction hell. At least there is ongoing work for the meantime. A completion date of 2010 has gone thirteen years past the deadline.

Abuja is different from Lagos State.

ufotunang:
... labour party.. Peter obi won the election...massive votes for Peter....and if you look at so many INEC presidential results sheets there was lot of manipulation of figures, results to favour tinubu and APC to illegally win the presidential election

Elections is about NUMBERS.

How many votes did Labour Party received?

10.9 Million, 7.3 million or 13.76 million votes?



Even Peter Obi and his lawyers did NOT claim they received the highest votes in the election, only his gullible supporters believed the delusion.

ufotunang:
..won where.?..can APC/ Tinubu win election free and fair

So, which party won the election?

Chinjo2:
You can bribe the judges but you can not bribe God.
God's judgement is coming upon you very soon.

You can NOT win presidential elections, especially in a very large heterogenous country like Nigeria by bribery. How many people will you bribe? If it were by bribery, many people would have been presidents over and over.

ufotunang:
Won what....you were just selected by INEC

Tinubu, actually won the election.

Nice2023:
If it is the last election,baba u no win at all.

Na thief u thief am period.

So, who won the election oooo

AchrafHakimi:
The inflated dollar rates was fake and deliberate from Tinubu & his CBN cronies to reduce the purchasing power of the average Nigerian while swelling their own coffers via interests in stocks projected to benefit from the institutional scam.

So Tinubu had power over the values of the currency of the United States?

CharleyBright:
Wake up and smell the coffee.
The North will dump Tinubu like a piece of shityy rag come 2027.
Abokis vote Tinubu in 2027 say wetin happen?
He better respect himself and not contest.
He will lose yakata.

Oga, you said worse things than this from 2022-2023.

Possessedkid:
LMAO


I never said he was Igbo but there were chaos at the time of the civil war


Tinubu was a business man during the civil war , go and read his memoir


Wasn't it the time of Abacha that Tinubu ran for his life to another country

Tinubu was a teenage in Lagos during the civil war.

He was neither a Soldier or an Igbo,he had no contacts with the civil war.

Glimpsetv:
Did anyone else pay attention to the part where he introduced himself as Alhaji...? Yet he went to a church for thanksgiving. Based on my observations, the Yoruba people seem to be the most religiously tolerant.

He was born into a Muslim Family and I think grew up as a Muslim and most likely converted to Christianity later on.

Possessedkid:
They are dead , they died in the civil war



Prof Oyekome wrote a book interviewing Tinubu , Tinubu said his siblings were dead as a result of the civil war

Tinubu isn't Igbo and has nothing to do with the civil war

Check this picture and see the resemblance.

No

Possessedkid:
They are dead , they died in the civil war



Prof Oyekome wrote a book interviewing Tinubu , Tinubu said his siblings were dead as a result of the civil war

Tinubu is not Igbo and never lived in Igboland.

yemmight:
Where is this Prophet self? He was just acting the script.

The so-called Prophet is now cooling off in Prison while Tinubu is enjoying in Aso-Rock.

Any Pastor who spoke against Tinubu was regarded as a true Pastor by the Obidients Movement

Most of these Police Women aren't recruited on merit and are often mistresses of the senior Police officers, so it is difficult to enforce discipline with them.

Freshtruth:
Forget incumbency Tinubu can be defeated by 2027 if Atiku n obi contest on different parties they are fools if obi goes back to PDP and he is given the presidential ticket plus party structure I don't see how Tinubu will survive

Peter and his Obidient Movement are the greatest force that propelled Tinubu to Aso-Rock.

The FG will continue to ignore and Tinubu, personally is likely to encouraged them so they can do the Lord's works again in 2027.

The FG has consistently ignore Peter Obi and his Obidents Movement, how does this translate to suppression?
Do you suppress whom you ignore?

LikeAking:
Naira traded at 1 Naira to $1, when Nigeria was literally manufacturing nothing..

This import narrative is just lies and decit..

Many of you probably think Governments just print money.

In reality, paper currencies are like RECEIPTS of certain goods (initially, gold and other precious metals, then later volume of Foreign Reserves).

Historically, what we call paper currencies were receipts ,issued by Goldsmiths to people who deposited their golds in the strongrooms (which were secured by hefty armed men) of these Goldsmiths.

With time, people started using these receipts , rather than the actual golds to trade, such that the receipts became the precursors of paper currencies and the strong-rooms of the Royal Gold reserve became the Central Banks.

You don't understand the concept.

At inception in 1973, currencies we're backed by 'Gold standards' .

The USA dropped the Gold standards in 1973 and the UK did similar thing around 1979.

Try to read about these before commenting on issues you clearly don't understand.

Rolings:
There are many parts of Lagos now enjoying uninterrupted power supply.....try locate them. A place I know of is Ketu and environs.

If you are open to relocating. I once stayed in Jos around Bukuru area....we didn't use nepa but NESCO who operates uninterrupted power supply in about 2 or 3 LGAs

Can you please shed more light on this NESCO electricity

Jbleenk:
This guy is just an attention seeker. Good he as been cautioned. Imagine sitting in front of the UN General assembly and uttering such ambiguous statement against the president of a country.

Sinners will keep running when nothing is chasing them

He didn't sit in front of any UN General Assembly, that video was doctored.

GerogeI:
First our GDP is not insignificant, so we do not have forex issue cause if IOCs remittances, but because of a dumb Government, they have no idea of what a free market is. They floated the Naira against foreign currencies which is creating foreign currency demand, without floating foreign currencies against Nairà to create Naira demand in order to arrive at equilibrium pricing.

That's what you are calling IOC remittances. Basically, for you to float your currency, your exports should be in your currency. So foreign importers will approach your banks to get your currency in order to buy your items. They will have to haggle with your bank for an exchange. Basically your banks will be negotiating for more dollars for less Naira in order to make profit. That drives exchange rate in favour of Naira.

But now, we only have local importers going to ask banks for foreign currency, banks and bdcs must make money hence they will negotiate for more Naira for less currency. That drives the exchange rate against the Naira in a bottomless spiral without counter balance.

If you do not have demand for raw local currency, and demand for raw foreign currency in the market, float one of them is a stupid idea, cause there is no counter balance. It is not a free market. In the Current case, the exchange rate will not favour Naira even at 10,000 Naira to 1 usd it will still be sliding down against USD. The fall is bottomless, that why it's stupid plain and simple.



Why do we not have foreign demand for Naira, the Federal Government and politicians want easy access to USD. It makes money laundering easy. If you visit any ministry in Nigeria. Listen to the directors, they do not talk in Naira anymore. They are all dollarized. So just like Russia started selling oil in Rubbles, Nigeria must first sell oil and all other exports in Naira before floating the Naira. That's why past Govt. Maintained fixed exchange cause they want CBN to collect dollars for them. This one still wants CBN to collect USD, but wants to play with the idea of floating Naira to please western interest in devaluing African currencies to get cheap raw materials. Basically it was to buy for the controversial govt. Legitimacy in the eyes of the West.


Only countries with huge manufacturing like China, or Germany can benefit from currency devaluation. Like
you said, Raw materials exporters like us are better of with commodity based currency like gold, which the West have carefully killed since colonisation. If you use any commodity as money, it is resource based economies like Africa that benefit. If you use paper based manipulative currency, the technology based economies like West Benefit.


This warped decision on floating is my only reason to believe that Tinubu was never an accountant.

Since 1973, the CBN had be artificially pegging the exchange rates , depending on the Foreign Reserves they could afford to defend the rates, mostly to selected few, who would get the exchange rates at official subsidized rates and sold the Forex in black markets.

After almost 50 years of this subsidized exchange rates, the CBN was borrowing Billions of dollars to defend the artificially pegged exchange rates, should the CBN continue to borrow Billions of dollars to 'create cheap dollars' for Nigerians ,so that we can continue to import I-phones, Human Hairs, Expensive Wines, Thai Rice etc?

mrvitalis:
Nigeria is as of today a net importer of ethanol

Try to read and understand before replying.

Today , Nigeria is importing Petrol, Sugar, Rice, papers, palm oil , pencils and even toothpicks .

Can all these be produced in sufficient quantities in Nigeria?

The answer is Capital YES.

Princessstee:
Osun is not that low sha.
Take for instance, Anambra with about 9 million population generates about 30bn while osun with about 4 million population generates around same.

Majority of SW population is concentrated in Lagos, Oyo and Ogun

Osun State has over 2 million registered voters, so the population of the State would be about 7 million.

Even, with 2 million people, if they had invested in massive Agricultural projects, they can be supplying rice for the whole of Osun, Oyo and Lagos States

People's Gaezzeth using the same fake news format over and over.

Osun and Ekiti are performing poorly because they fail to invest in their economy. Commercial Agriculture and EXPORT oriented Businesses would have tripled their IGR within a reasonable period of time.

Kennitrust:
let us differential politics and soccer. Politics is more complicated than just being soccer in comparison. In politics... Country can collapsed
In politics, people can die
In politics, lives and properties can be destroyed.
Politics should be a stringent game if I must called it a game.

Let do the right 👍 thing. It not too much to demand for a better Nigeria.

When you go out to vote, you are voting for political parties.

1) The names and the Logos of the parties (not that of the Candidates are on the ballot papers).
2) The agents of the parties (not representatives of the candidates are the accredited agents to sign and receive the official results of the elections from INEC
3) It's members of the party that move from Houses to houses, streets to streets, wards to wards in all 776 LGAs and 36 States, convincing the electorates to vote for the party

mrvitalis:
Lol 😂😂😂 so why are people not producing ethanol that we import?

Nigerians are actually socialist at hearth

You can't produce cheaper than imported ethanol... Same reason we import petrol you can't refine cheaper than imported petrol

Because you don't have comparative advantage yet to do that you have to go back to

Seed development, fertilizer production and distribution, land for farming availability backed by law... Machine rental availability... Access to credit

It's a whole complex thing that would take 4 years minimum to fully implement

You APC guys know nothing really bloody socialists

You are shifting the goal post.

The issue is can Nigeria produce adequate ethanol for blending with petrol, if it becomes a DPR policy?

The answer is CAPITAL Yes.
It is not whether Nigeria is currently producing large quantities or if if local productions in Nigeria is currently cheaper than importation from Brazil or Cuba.

If there are enough incentives, including steady markets, Nigeria can produce adequate ethanol for the blending of petrol (depending on preferred percentages)


Every discussion need not revolve round APC Vs Obidients narratives.

Ozommadu:
Ilorin is saying hi


Can oyo man be anything in ekiti? Or even osun in Ondo??

Na only lagos this lagos that, whereas worst things happen in the rest of your 5states

Yes, of course.

1) Hon. Babs Oduyoye represented Ibadan North Federal Constituency in the House of Reps, eventhough he is an Ijebu man from Ogun State

2) Hon Bola Ilori was Commissioner under Aregbesola, eventhough he is from Ondo State and once contested for Ondo South Senatorial election.

3) Joseph Tegbe, an APC Frontline gubernatorial aspirant for Oyo State in 2019 ,is of Urhobo (Delta State) descent.

AskNgige2:
The guy is highly intelligent

He only appears intelligent to his target audience, the uninformed mob.
He sits behind his laptop to search ,copy and paste articles on his Blog and call it 'investigative Journalism's , then proceed to block anyone that ask intelligent questions. How does this show high intelligence?

Rayban26:
It's going to be sooner than you know. Why do you think the supreme court is rushing all of a sudden to hear atikus case and give their paid judgement. They know that any judgement they give after FBI release that dosent resonate with FBI will open Nigerian judges nyash fully.

If you dont be live me, ask yourself why they waited for two months for Tinubu to be sworn in before even opening their hearing cases. Tinubu has bought all the courts but no one needs thier judgement. The world knows Tinubu is a criminal. Dey play.

How uninformed are these people!

Just listen to yourself,
* Supreme Court is rushing Judgement
*Any Judgement that they give that doesn't resonate with FBI . . .


I think , you should face your buying and selling at Ari-Ara Market than commenting on Legal issues ,that only expose your superb ignorance.

Wolexyoshi:
This guy just keep making serious enemies for himself with all these name calling without proof of evidence and he called himself a journalist. Las las, he will understand that this is Nigeria.

In life, doing the right thing in a wrong way will eat you up.

I think the guy has an underlying Mental Health challenges with delusions of grandiosity.

Anyone with good ideas of Psychiatry ,who have studied him for long can easily spot the manifestations.

Zooposki:
Of course. Can’t you see how the lowlife poor boys on Nairaland reason. Poor people have poverty mentality. The rich should marry the rich, while the poor marry the poor.

Life is more complex than this, otherwise, only few families will continue to be rich for thousands of years.