₦airaland Forum

Omoslim26:
Just look at you calling a case for equity, fairness, justice and inclusiveness that drives unity in diversity religious bigotry
Will the muric and muslim community ever accept Christians to hold power for 16 straight years not to talk of Christian-Christian agenda?
Muric already made it known that they will not support a SW Christian for Presidency yet you want Christians to accept muslim-muslim agenda,tells of the kinda person you will be in reality

Who is MURIC and what is their electoral values?

Every political party want to win.

Tinubu has chosen a running mate he thinks can help him to win.
If you don't like the choice , you can vote for Dr Rabiu Musa Kwankanso whose running mate is a real Bishop.

With passage of time, Muslim-Muslim, Christian-Christian, North-North or South-South tickets will happen.

Omoslim26:
All Apc had to do was give the ticket to Osibanjo or Umahi or Amaechi then look for a Northern Muslim,but the sick shaky old desperate emilokan crooner no gree.
There is an already existing pattern for picking P/VP respect it, don't try to use our Faith as a card to score political points.
As long as Christian-Christian agenda will never be accepted by muric and the Muslim community expecting muslim-muslim agenda to be accepted makes you a dishonest person.

Both the Constitution of the country and constitution of APC clearly stipulated how a flag bearer of political parties should emerge.

The APC conducted it's presidential primaries but you are suggesting that the winner should not be given the ticket and the people who came second or third should be given the ticket, so as to balance religious bigotry?

fman:
Buhari's children are more modern than abacha's kids.
But all the same the are fulanis...
Check my signature

Abacha was a Kanuri man who was born and raised in Lagos and his wife is a Shuwa-Arab.

Ezmans:
have you seeing a state build ports before under nigerian law?

They have reformed the processes such that the FG acting through the NPA serve as the regulatory agency ,give license to any company that want to build a Seaport.


The LASG and a private investor floated the Lekki Deep Sea Port Ltd. The share of the FG is just 5% through the NPA.



Akwa-Ibom has been budgeting money yearly to build Ibaka Deep Sea Port for over 10years

Onyiridike:
Alex Ekwueme did not choose name for them.

He did.

Without names, it would have been difficult to identify the zones.


In any case, the people in that zone don't complain about the name, it's mostly people from the S/East that always complain about the name.

There is nothing abusive or tribal in what El-Rufai tweeted.
After all, you guys reported it to Twitter and Twitter said they didn't see anything offensive about it.

Using the word 'import' in the statement is a figure of speech and nothing is abusive about it.


One of my Ajebo friends once told me years ago in a jovial mood that once he finishes NYSC and gets to Canada, he will 'import' many people in his family into Canada.

Onyiridike:
And they could not choose South Central or Even Mid-West since they hate Igbos.

Does South South make sense to you?

Must you give the wrong impression that igbos must complain about everything?

How does the term 'South-South' mean hatred for Igbos , even when it was Dr Alex Ekwueme that first introduced the concept of the six Geo-political zones at the constitutional conference in 1995 as a vehicle for rotational presidency and sharing powers and projects in Nigeria?

ITbomb:
Sometimes, when a man suddenly turn cold after the first sxx, it's not always because he has gotten what he wanted, the nature of the hole may be something he couldn't cope with.
Too wide
Odour
Extra Large labia
Dryness
Too wet
Thickness
Response

Number-2 always put me off

CSTRR:
Not possible.

Even if he wins all the votes in Kano.

He will get more votes than Peter Obi.

Agitations for Biafra has been paused for the presidential election.
Most supporters/sympathizers of Nnamdi Kanu and IPOB are now the arrow heads of the OBIdients group.

By May,2023 the agitations for Biafra will resume with full force.

james078:
When you convert in official and black market rate where do you get profit?
Am just asking for a friend

For Government, the convertion is done based on the exchange rates.
The figures of export by the country was released by a Government Agency, the National Bureau of Statistics (NBS).

james078:
I would collect the official rate if I used the official rate to buy fertilizer
Else I would sell it to exchangers that would be begging me for #600-#650 rate

Government don't do business in black market rates but use the official exchange rates.



On Government records, the dollars will be recorded based on the official exchange rates.
Ask experts in the Financial Sector.

james078:
Oga I don't know how to explain to you again I
First off why are people storing dollars?
Reason is because the dollar would rise in value compared to the naira
So if I had bought dollars at the rate of #400 and it increased to #650 rate and I sell it how much profit have I made? #250 sweet profit oga

How else you want make I spin am make you for understand?

Suppose you export 800tonnes of Cocoa to Netherlands, sold it in Dollars and the money sent to your Domiciliary account in dollars.


If you want to withdraw from the bank in Naira, which exchange rate will the Bank use to calculate your money in Naira? (CBN rates or Black mate rates)?

obaaderemi:
This thing is simple. You export cashew beans to Korea from Aba. The Koreans will not hand money to you in cash, will they? They wire your money into your account in dollars. Will the bank give you #450 or #650 for a dollar? Oya, answer.
Obi needs to take it easy with his mouth.

They think export trade is done like buying & selling at Ariara or Ladipo Markets in a cash-and-carry system.

Owopariola001:
First of all, export earnings are in dollars. Because we're paid by foreigners using an international foreign exchange which is dollars.

Even Intercontinental football transfers are done/quoted in dollars ($), while International transfers in Europe are done/quoted in Euro (€) and UK transfers are done/quoted in Pounds (£).

Another example is Gas Russian trade which was conducted in dollars ($) before the Russian-Ukraine War started.

2. As of 2021, the average official dollar exchange rate was #403/dollar, and the black market was around #500 at the highest.

3. Since the earnings are in dollars, that implies that NBS converted dollars to naira, thereby getting the #18.9trillion amount.

4. To know the amount in dollars, that means the #18.9 trillion will be divided with an average rate of #403 which equates to "46,898,263,027.295285" ≈ $47million.

When using the black market rate of an average of #500, we have about $37.8million

5. Hence, Peter Obi is either a bad mathematician, a poor economist, or just a chronic liar.

Peter Obi makes too numerous mistakes with the Statistics he always quotes which reflect his poor understanding of the subject matters.


Even if he wanted to convert based on the black market rates, he ought to have used the prevailing black market rate for 2021 (#500= $1) which will still be far higher than $30Billion, instead he said he used the prevailing black market rates of this week to calculate what Nigeria exported in 2021.

james078:
Abeg o that phone wey you get how much wey you think say the importers dey give the dollar rate
You forget say CBN ban banks from exchanging forex so no one is compelled to use official rate?
Fertilizer sells at the black market rate so everything being imported uses aboki rate abi aboki, hausas no be Nigerians again?

NBS didn't give that stat in dollar currency oga

Do you know the differences between EXPORT and import?

Esseite:
Stop being ignorant... do you think export goods are submitted to Government to be given to international trade companies.. you deal on your transactions from top to bottom while paying Government levies for various charges..

When you export, would you as a business man want to receive your payment at black market rate or CBN rate?...

E.g - you are owed $2,000 × 410 = 820k (CBN)
You are owed $2000 × 650 = 1,3m (black market)

Don jump into arguement with mentors on half knowledge, you would only disgrace yourself.

Try and be objective, the Statistics is for Nigeria as a country ,not individual business men.


The sum total of export as reported by the NBS have been converted to local currency based on Government fixed exchange rate.


Government Agencies quote Government Fixed exchange rate for their calculations, not black market rates which Obi quoted.

tctrills:
Bro doesn't be fooled. The official CBN rate is the dishonest rate. If you want to buy dollar, you can never get it at the official CBN rate so why quote a rate that doesn't work?

You don't understand this simple fact; you don't need to buy dollars when the export are sold in Dollars!


Dollar is the currency of international trade, the only reason why you need to buy dollars is because you are earning in Naira, so you will need to convert it to Dollars to IMPORT.


EXPORT: you earn in Dollars and need to convert it to Naira to use the money in Nigeria.

ThrownBack:
This is how you people destroyed the economy with your ignorance. NBS using official rates to compile their statistics is an attempt to give a good impression of a very bad economy, but the people bearing the brunt of their madness is me and you, and the masses on the streets.

It won't surprise me if you are not benefitting from this government, and you're here mounting this strong defence for their wrong policies and wrong data, only to enter market later today and buy goods imported with dollars bought at #680. In the end you still come back here and blame the traders instead of the wrong stats from your government.

Nigeria needs new leadership that will say things as they are, not sugarcoating figures to push a faulty narrative.

You are digressing from the main issues.


If Peter Obi wanted to quote the export earnings,he could have quoted it directly from the source without using misleading convertion rates.


There are multiple reliable institutions like the World Bank, IMF or Reputable Economic Journals like The Economist that publish exports of different countries in dollars.



If you take any data from a source ,alter it for any reason before presenting the data, you must disclose the alternation to retain it's credibility.

ThrownBack:
Can you get me dollars from CBN? Why should I use CBN unreliable rates when I will still source my foreign from the black market?

Export are sold in Dollars, so you don't need to still get dollar from CBN.

Peter Obi goofed big time on this.

life2017:
Obi is a die hard liar.

If the export was quoted in naira by NBS, knowing fully well export is done in dollars, NBS can only use official CBN rate to convert it to Naira. NBS is an agent of Nigeria govt and as such can only use CBN approved exchange rate for its statistics.

Because his followers are gullible, OBi is taking advantage of it to say nonsense.

If nigeria bureau of statistics (NBS) had used black market rate, the amount of the export in Naira would have been higher than 18.9trillion Naira.

Obi should be humble enough and accept his ignorance or lie


Nigeria does not sell its goods to foreigners in Naira. The product are exported in dollars. what Nigeria received from export is dollars and not Naira.

Since NBS quoted it in Naira, NBS simply converted the dollars received by Nigeria to Naira. And NBS being an agent of govt, can only use approved CBN rate to convert the value of the export done in Dollars to Naira.

If you must convert it back to the dollars, which is the original currency for the trade, you must use the same exchange rate.

If we use official exchange rate of 420 naira to 1 USD that will mean our export is $45bn dollar.

I have read so many obviously wrong Statistics quoted by Peter Obi which shows that he is surprisingly not well informed about issues he qoutes Statistics about.

nwigwemark:
Yoruba‘s should have had a better candidate in Osinbajo but they choose City boy.

I am seeing every odd against him.

Is Yoruba a political party?

Was Peter Obi chosen by the Igbos and Atiku chosen by the Fulanis?

All these aren't necessary.

If Abimbola Adelakun (who has never hidden her hatred for Tinubu for a long time) and others feel that Tinubu is not good enough either by virtues of his health or morality, why not vote for Atiku or Peter Obi?


Tinubu is NOT the only candidate, so the voters have choices.

Sergio101:
Let's be logical here

If the billboard was pulled down by let's say "angry mob"..... there's no way the image and parts of the board will still remain un-torn.

So it's either this picture was taken before mounting the billboard or the billboard was pulled down by wind as a result of weak balance.

Too many dangerously ignorant people on Social Media.


Peter Obi (though I am not voting for him) has a right to contest and has his own supporters too.
Enough of all these ethnically induced campaigns of calumny.

mofedamijo:
There have always been these strikes for as long as I can remember...... This is not about APC or PDP. This is a Nigerian problem. The earlier y'all know this the better.

The politicians are all recycled. Someone in APC yesterday have moved to PDP today. Someone who slept in PDP yesterday is now in LP.

If you think the strike is a political party thing, then you better wake up.

Check the timeline of ASUU Strikes since 1999

Pzone:
The exam for registration with the Irish Medical Council is no more TRAS but now called PRES (Pre-registration Examination System). Its in two major parts PRES 2 & 3. PRES1 is assessment & verification of your primary medical qualification & IELTS ( Band 7 with minimum of 6.5 in each band which is lower than U.K requirement which is 7.5). If you did your housemanship in Nigeria, you can't get a training post (Residency) in Ireland regardless of whether you have internationally reconized postgraduate qualifications e.g MRCP, MRCS, MRCOG, because Nigerian internship is not recognized, but you can get non-training posts easily (SHO) cos this is where they really need doctors.The pay in Ireland is relatively more than U.K cos you get to do more overtime which can even double your income unlike the U.K where no doctor can work more than 48hours per week. If you do your internship in countries like Australia, New Zealand, Pakistan, Malaysia, Sudan. It is recognized in Ireland and you can be exempted from the PRES exam and you even qualify to apply for training posts. PLAB1 as well as USMLE step 1&2 are also recognized in Ireland for exemption from PRES1

Is it possible to write PRES-2 in Nigeria?

Can Residency in Nigeria be an exception for PRES-2

OnyeAshuaUru:
Archbishop Onaiyekan we know.
Bishop Oyedepo we know.
Bishop Kukah we also know.

This unknown god-man can only be a Bishop of Tinubu diocese.

.

Indomie Generation won't know Bishop Kayode Williams!

He headed the FG's committee on Prison decongestion in 2007

Diligent1:
Wow, this is good but the tarrif should not be too high so that the importers can bring in more goods that will benefit the masses and also affordable for people.
The foreigners import from Cotonou because their tarrif is not high.

What of the Exporters?

mycar:
If that was exported, what were the things exported and how much was remitted to the federation account?

It's not all export that goes into the Federation Account.

For instance,if you are export 500kg of Bitter Kola valued at #7.5 Million with 5% Export Duty, you will just pay #37,500 to the Nigeria Custom Service (who will now remit about #33,000 to the Federation Account) while the rest of the money belong to you.

[quote author= post=115366510]With new electoral law governors and party leaders can only do little to influence voters, gone are those day they send their thugs to hijack ballot boxes or rewrite result or buying PVCs, you will be seeing the outcome direct from the polling units, Osun elections Tinubu and his lieutenants and the governor with all the financial inducements couldn't save APC in Osun, in Anambra Andy Ubah bought seating senator from PDP, national assembly members in APGA and PDP, he bought APGA campaign director and other APGA party chieftains, he shared10k at the he was third position, PDP would have won Ekiti election if they have given their ticket to popular candidate, 2023 elections will surprise many of you governors or heavyweight politicians are now valueless.[/quote]You don't really have deep understanding of the presidential election.

The election is a team work and on the election date, each voter will be given three ballot papers to thumbprint the parties they want for President, Senate and Reps.
Most people will thumbprint the same party for the three positions.

Only the names and logos of political parties (and not Tinubu, Atiku or Peter Obi ) will appear on the ballot papers because it's the parties that are contesting (study the numerous Supreme Court Judgements on Election Petitions).

Now, the APC and the PDP have candidates for all the 109 Senatorial seats and 360 Reps seat but the Labour party doesn't have candidates in about 60% of the seats or have weak candidates.

All the Senatorial, Reps, Govnorship and Assembly candidates on the platform of each party will convince their people to vote for their parties.

If some candidates do anti-party campaigns, it often back fire (check AD in S/west 2003 and PDP in the North in 2015) such that they are likely to lose their own seats too.

XerXers:
Why didn't other yoruba states witness upsurge in voter registration apart from Lagos? A similar pattern of sudden increase is witnessed in the East and Lagos but not in other Yoruba states. Obi effect made Lagos overtake Kano for the first time

Osun as at Jun,2022 witnessed the highest upsurge in voters registration.

[quote author= post=115318333]Lagos where Tinubu the national leader of APC is in control, it took them two days to be able to manipulate the results in some parts of Lagos, mind you that's not possible again with new electoral law,
with current economy situation, insecurity, endsas killings na only God go save APC in Lagos[/quote]What exactly is your point?

2019 or 2023 presidential election results in Lagos?