₦airaland Forum

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.

mrvitalis:
We don't even produce enough ethanol so why suggest this

Nigerians always treating symptoms

Our problem is not that we import too much

Or problem is we don't export enough... Stop focusing on reducing import focus on increasing export it's that simple

Because FG is not in-charge of production, marketing and distribution of garri, starch, yam, ethanol and beer, all these products can easily be produced locally and marketed.

If the DPR embrace this policy, you will be surprised at the quantity of ethanol that Nigerians will produce within six months.

Johnrake69:
Maybe you haven’t noticed but Nigeria has been left behind.

Kenya for instance has better public institutions than Nigeria.

Nigeria got just 3 votes in its bid to join United Unions Human Right Council.

South Africa is projected to over take Nigeria as the biggest economy in Africa while having less than 1/3 of our population.

You always say and publicize negative things about Nigeria

Kennitrust:
I didn't read the news but what from the headline... The demand is not too much. Nigeria can afford to add the photo of a candidate running for an elective office in the country. It's not too much to do.

It is not a matter of affordability but a matter of law.

By Nigerian laws, it is Political Parties that are contesting.
The election is like a soccer tournament, the political parties are the teams and the candidates are like Captains of their teams (political parties).

The Electoral laws of Liberia may be different

Godfullsam:
What will be left for Obi and LP?

Atiku will hand-over to Peter Obi in 2031

MasterJayJay:
Una dey craze.

The only option is to give southeast presidential ticket.

1999 and 2003 Southeast voted for Obasanjo.
2007, they voted for Yar adua.
2011 and 2015, they voted for Goodluck Jonathan.
2019, they voted for Atiku.

2023 came and una wan use their heads again. Atiku with his selfishness made PDP to lose southeast.

Atiku is behind the move and he is already galvanizing his political machinery against 2027.

Atiku-MBah Ticket may take PDP to Aso-Rock, though Peter Obi and the Obidients will still want to serve as spoilers.

LOVEALAIGBO:
Utter tosh!

See you trying to yarn tall tales of mysticism and legend for a group of clueless, gun-toting thugs who wouldn’t look out of place on an episode of Blackadder or Mr Bean!

If you’re Nigerian intelligence are all that, how come they’re being run ragged by the comparatively ill-trained bandits, kidnappers and terrorists!?

If you understand anything about Crimes and Society, you will know that the people you call Boko Haram, Bandits and Kidnappers have greater Networks and organic support than a single guy called David Hundeyin.

Boko Haram is fuelled by religion, Islamic Religion for that matter...sit down and think deeply ,what this means.

seguno2:
In what way is our government comparable to the Saudis

Gov't is NOT one person but a group of powerful people with common interests.

If the FG wants this guy ,they will get him.

Sometimes, Gov't allow some guys to continue barking because their nuisance values help to divert attentions from the Gov't's greater problems

Bendeco2020:
Be deceiving yourself.

So Britain are afraid of Benin empire?

Fulani conquered north, britain came conquered and took over North from them.

If not for Britain, Fulani would have over run Benin.

U dey measure dick with Britain, first fight your mate.

How did islam enetered Auchi (Edo State)?

If not for British Colonialism, Fulanis would have been overthrown and chased away from Nigeria because towards the 1850s, the Southern Kingdoms which had access to the Sea had secured European Firearms and some of them had established relationships with European Powers ,which would had trained their Military.
There were growing discontentments against the Fulani Emirates and administring a large heterogeneous Empire by a settler tribe was already becoming problematic.
Without British Colonialism, the Fulani Caliphate would have crumbled under it's own weight.

What concerns MURIC with the prayers of a non-muslim and a private citizen? Was Pastor Adeboye praying to MURIC or what is their own problems? If MURIC doesn't like that Pastor Adeboye prayed for Israel, they too can pray for the opponent of Israel

ikukushe26:
Hello everyone, please listen to me.
There is an addage in english that says;"No knowledge is lost" meaning every knowledge, skills and experiences you had from your past is meaningful to your present and future. The GCE O/A level certificate of the Standard Associated Examination Board SAEB acquired by any Candidate in Nigeria is Valid and legal, whether the examination board still exist or not, because they operated here in Nigeria under the laws of Nigeria duly registered by Corporate Affairs of Nigeria and Federal Ministry of Education, Nigeria.
There are, so many schools in Nigeria and overseas that accept the certificate.
Do you no that before, you can gain admission in overseas colleges and universities you to sit for TOEFL,ELIETS,IJMB and GMAT/GRE exams.
SAEB certificates are Okay, do not throw it away. if want admission to study in Nigeria o overseas with it, you can contact me.
08082377070 let me put you through.

I wrote SAEB exam in 1998. Are the still in Nigeria and how can i get my certificate?

Christistruth03:
The Politics of Self Annihilation was a Political ideology Championed by Ojukwu

It is the Politics of destroying your own People and Homeland for your own Selfish Personal Political Gain

Ipob are still in the Politics of Self Annihilation that Ojukwu invented

That is why their Region is up in flames with the people fleeing from it

Nooo, Ojukwu understood Nigerian Politics far more than the present Obidients and he NEVER played politics of self anhilation.

NoQualmz:
Dr Oyatz is that you?
Hws wife and Lil gal?

Pharm Esther?

Mindlog:
You lie!

Job roles have wages/salaries attached to them, whoever scales through the recruitment process, gets paid that irrespective of nationality.

I get paid the same as my Britsh colleagues for the same job role.

You goofed, you don't understand the concept.

It is not that immigrants are payed with different salaries scales but the realities differ.

If you take 50 immigrants that entered and stated wiring in the UK in Jan, 2020 and compare average UK citizens that started working at the same time, you will see stark differences in their qualities of life/achievements within the same period

Floky215:
Win you you mean or say inec would write result for them as usual in these state you mentioned...?

Except for Bayelsa which I don't really know...APC can never win a free and fair election in Kogi and Imo state...!!! Infact in kogi except for their late governor who died that actually won the election, the boy they selected to inherit the governship position never won a single election in that state...all result for elections were written for him by inec, even in primary result had to be written for him...for imo, hope which is number 4 on the list and was never liked by imo people became Governor by abracadabra mean under apc via the court cos they want in-road into the southeast and instead of him to do well, he started off by killing imo people and continue till this day....tell me if these 2 dunce have any chance except of course inec yakubu decides to yakubu them same way he did at the Presidential election...!!!

Which party will win Kogi State? SDP or PDP?

BafanaBafana:
Did Tinubu present a fake document to Inec? That's the question?
CSU are trying to cover Tinubu from a safe angle. Kole werk!

One point we are missing is this, bereaucratic principles
dictataes you keep a duplicate copy for any documents you issue out. CSU said they don't have any certificate for Tinubu. The original one they made was given to someone else.
How can you give a certificate of your student to someone else?

CSU and virtually all universities don't keep copies of certificates they issue out.
If you go to University of Ilorin or UNILAG and ask for duplicates of the certificates issued in 1980, they won't have them. However, they can verify from their records ,if such a student graduated from their university in 1980 and then, issue a replica

wrongnumber:
You all keep missing the point.

It is not about all these. As long as you forge a document or falsify any information presented to a school at the time if admission, you have commited a crime.

Its not about how important or relevant the false info is in regards to your admission.

And mind you, that false claim was actually used in gaining admission to South West college and that makes it even more complicated for Tinubu cos once the legal battle starts, South West college will waste no time in stripping him off and that automatically nullifies the degree he got from CSU cos it was the transcript from South West college that gave him admission to CSU.

You don't know the meaning of crimes and you have listened to too much propaganda.

What we call Certificates in Nigeria are usually called 'Diplomas' in the US.

Tinubu graduated with Business Administration, majoring in Accountancy

Alusiizizi:
100% confirmed. David Hundeyin is a model that all journalists should aspire to emulate. But for him, Nigerians would have had to endure the lies, hyperbole, propaganda and "horse and pony" shows that politicians force feed us on a daily basis.

David Hundeyin is NOT a Journalist.
He is a Blogger who publish fake news for defamations

Tflex01:
Lol funny enough he's the biggest hope of Obi dense mob right now, more like a god to them.

They said Atiku is doing all these for Peter Obi.