₦airaland Forum

Copiousworld:
Sometimes i wonder where these so called bloggers & media angleworms get their news from.
This is China trade fair center in Guangzhou. The neck badge is the China Import and Export fair tag worn by every potential buyer or investor before you gain admission into the trade fair complex. It cost less than N5000 to get your tag and be admitted. Anyone in China with valid ID can easily walk into this trade fair complex. I have several of these business tags and a known figure like Fayose shouldn't pose for such a pic.

That tells you that fayose is a con-artist. Thank god, not we have smart nairalanders who can single out a scammer when they see one. As the americans will say "Fayose is a phonie".

kenonze:
Taking a close look at this pics,

Who do u think went for business?
Who do you think meet the host that were actually expecting him?

Somebody should stop fayose from this unwanton self-embarssment. He looks like a lone wolf. This is not opposition, its more of attention seeking.

Business visit indeed. Where are his officials and entourage. He looks more like a stalker than a governor in search of investment.

folks4luv:
don't u think PZ will b happy they haven't shifted production to Nigeria? yes, we have d largest market in Africa, but how easy is it to run a business here successfully with all d crisis rocking d nation

We just havent gotten the basics of industralization. If we dont make the power sector stable, invest in road and rail infrastructure, then we are going nowhere.

seunmsg:
Good one Mr president. Deliver the Mambilla power projects and other similar projects and the wailers will be silenced forever.

Unfortunately, it is the south that will continue to lose in terms of sighting power projects. The unending incessant vandalization in the south will only put the north central in a position of being preffered for investment. At the end the south loses, the north wins.
Good move by PMB

If you think fayose is a serious governor, then you are not serious.

sonnie10:
I am concerned about a few things in this development. The premise is that China is US main competitor in term of global economy. If we consider our external trade between both countries, at present, in general we are benefiting most from the US as compared with China. Nigerian exports more to US and imports more from China. In other words, we get more money (dollars) from US and spends more on China. Naturally, any sensible government would want ally with those that contribute more to its growth. Even in small business, your source of income (the customers; people you sell to) is your lifeline, you do not want to mess with it.

What is our trade balance with China? They have undue advantage over Nigeria. Consider that Nigeria has huge negative trade balance with China and this policy is going to make it worst because Nigeria is going to spend more on Chinese consumable goods. On the contrary Nigeria has positive trade balance with the US, which is a good thing for the economy.

Another area we should look at is Foreign Aid. How much have China contributed to Nigeria terms of foreign aid? Same can not be said of US which have assisted Nigeria through agencies like USAID etc. US have contributed in training of Nigeria military, the health sector, education, and infrastructural development.

Lets also remember that Nigeria has more foreign investments from US companies than China. How many Chinese firms have portfolios in Nigeria stock market; nil. If US investors begin to experience pressure from home authorities to cut ties with Nigeria, the stock market and by extension the companies in Nigeria would feel the heat.

What Nigeria can not do is to rob Peter to pay Paul. Nigeria can not collect from the US with the right hand and hand same over to China with the left hand. It certainly will backfire along the line because China is number one US competitor. The macroeconomics of this new development is concerning. From the comments here, it is obvious that people are taking a stand based on the short term microeconomics gains. I read where someone is applauding the policy because he would be buying China phones of #30,000 for 19000 using Yen instead of Dollars, and I ask; which country has ever made progress by becoming a dumping ground for consumable goods? Of course that is what it boils down to with this quick fix policy.

You raise a valid point. But according to the president, the loans are less stringent compared to what you would get from the west. At the moment, we need to invest heavily in our public infrastructure. The only country that will give out cheaper loans is china. There are several angles to this loan. If we pay too much attention to yuan-naira-dollar angle, we will not get achieve much. The chinese are a global force to reckon with when it comes to infrastructural investment. For a third world country like ours, it will cost less to get the chinese to build infrastructures for us than going west. We just need to play our cards right and we would do well with the loan.

djcombo:
I am still not too clear on how this would help,

but knowing fully well that our economy is import dependent and we export oil majorly, tieing up such Trade agreement with China isn't too bad.

Most raw materials for major industries can be gotten from China, like wise China would likewise purchase crude oil exports from Nigeria. Knowing fully well that the devalued USD is a function of some strong market forces/cabal.

Trading in Yuan (if readily available should help put in check increasing demand for USD which makes the street USD-NGN rate highly volatile and unpredictable)...

In the long run, USD demand to import goods from China would fizzle out as Yuan would now be used to directly purchase such goods, reducing the pressure on USD within the country

This no doubt is a good move, but we should see this as a temporal measure to reduce pressure on the demand for dollar in the market. If we do not strategize on our fiscal policies, we might find ourselves in the same position as we did with the dollar as preffered currency.
Read the comments of nairalanders on this topic. All i see is a desperate move to find a quick substitute for the dollar fx in other to enable us meet up with the import demand of our economy. These will no way help our economy. The US-China relationship is a model we should try to adopt. The chinese are bring something to the table, so also is the US. The president made a frank and insightful comment at the negative imbalance in the trade relationship between the two countries. China 80%-Nigeria 20% is just too abysmal.

Personally, i would say the chinese are having trade dealings with us just because we have a sizeable foreign reserve which is dominated in dollars which in itself is a measure of economic assurance.
If we get our acts right, we can use this agreement as a tool to reduce the pressure on our foreign reserve, but then its not a long term solution. The long term solution is to get the chines to invest heavily in our economy by transferring technology and expertise to us or better still we steal from them since they do that very well too.

While some useless, good for nothing governors are waiting for dollar rain from heaven, others are strategizing.

If the president of this body refuses to mention names of those involved in massing hoarding, then probably he is part of the saboteurs. Shows us documents, audio or video evidence or shut up.
Is it that hard to blow the whistle? My take is that there are saboteurs within the NNPC ring that are neck deep in collaboration with major fuel marketers and security agencies.

Psychotherapy would have helped. All we could do is watch helplessly. RIP

Too many nigerians can analyze the problem of nigeria, but very few can profer solutions because many are part of the problem. I dont envy the APC govt at this point. They made too many unrealistic promises at a time when the outgoing govt made a mess of the economy. Martin Onovo himself is part of the problem. He complains about borrowing to fund a 70% recurrent expenditure budget and turns around to blame the govt for promising 100,000 security jobs and delivering 10,000. How does he expect the govt to pay the salaries of 100,000 police officers if it doesnt borrow.
Matins Onovo himself is a personality who knows how to fault others but cant proffer solutions to the challenges on ground. This is art we nigerians have mastered over the years.
The same way reuben abati use to dissect economic issues and blame the govt of the day back the on his tv show "patitos gang" with pat utomi.
GEJ brought him in and what was his contribution? Nothing.
Nigeria is in dire need of solution providers not complainants.

AirSultan:
This is the definition of a fuc*ed up life!

Out there, people are messed up. Looking for joy in the wrong places.
This is the price for too much space and freedom of expression.
Lets hope they dont inspire upcoming ones. Its crazy. I just dont get it. Why would you want to become what you are not.
Maybe she thinks she knows whats best for her than god does.

Over to you, urhobo people. The marauders have invaded your land.

Lol. You soud like you are been witch hunted. Are you saraki? Troubleshoot. Two things. Disable the vpn, download a browser thats not already on laptop and test run with it. Your vpn probably has a proxy setting that defaults on all browsers. Purge your browsers, remove any proxy setting linked to your isp.
Also, try any other isp for your internet connections.

Achuwa1:
Mr kachikwu,i don't have to blame on dis issue as minister for state for petroleum but pmb who is the minister of petroleum.
u have a family & i don't expect u to be doing pmb job as minister of petroleum while he is junketeering around the world with notn to show for it & probably he is collecting salary as a minister of petroleum.
my advise for u is simple if u want to live long on dis job & also alleviate the present petrol problem coz Nigerians can never be satisfied unless this problem of fuel scarcity is solved.
ALLOW GUYS TO GO BACK TO LOCAL REFINING FOR NOW TO ALLEVIATE THE PRESENT CHALLENGES WE ARE FACING... after u ppl must have built refineries then u ppl can scrap the local refining coz it will even create jobs for guys in niger delta.

Do an extensive research on the internet, there is nowhere in the world where crude oil is refined for domestic consumption as it is done in the niger delta creeks. A lot of the crude extracts derived from that process are heavily carbon laden, destructive to car combustion engine. Those guys dont have the proper technology to refine for any domestic market.
What they produce is only fit for engine boat, hybrid generators used in mining sites and heavy duty machinery.

The closest in terms of industry/global standard are modular refineries.

Op, why complain. You have just helped the country rid itself of petty criminals like those that robbed your friend. There was bank to bank transfer, therefore there is a trail. Approach the bank and you will be assisted to arrest those culprits.
Technology is for convenience and not to discomfort the end user. GT Bank never put into consideration that you would be losing both your phone number and ATM.

I wish you the best in recovering what was stolen from you. Make sure you take this complaint to the necessary authorities and post the outcome here.

TheGoodJoe:


The one that is paining me wella is this Obama I danced for when he won election.

I did not know that man was a nemesis to us. Even as we are complaining of low sales, he is signing deals with Iran that would eventually lead to drop in Crude Oil Prices.

I suggest we do what we can to get refineries in this country. It is time we move from selling Crude to Petroleum Products.

If we sell to our African Countries, we can generate Forex again. It will take time but in the long run, we will benefit.

We already have a huge market for Petrol in Nigeria.

Bros, you just hit the nail on the head. "Let's start refining and sell to our neighbors". The americans are bent on dragging the global crude oil market to the grave just to cripple the saudi and russian economy. The earlier we realise this the better. The saudis have eleven refineries that refine the crude locally so all this while they were not spending the forex to import fuel. Unlike nigeria, we had a govt for 16 years that had a import mentality. They refused to build refineries, promised to build a few if subsidy was removed.
Under the last regime, we had a petroleum minister and a finacial minister who were mere poster girls for foreign institutions. Their economic policies were formulated to keep us perpetually dependent on foreign aid. The PDP govt, i still insist is the biggest economic scam on the african continent.

Op, god knows you are a blatant liar. Who in his or her right senses would apologise to a woman who supervised a ministry that never made crude oil refining a priority. A ministry that shortchanged the nigerian people.
Yes, this APC govt made unrealistic promises, but at least it has a economic roadmap that we can hold on to. If they fail to deliver, we vote them out.
Did PDP have any economic plan for the country? PDP was the biggest scam in africa, Alison madueke and her fellow economic rogues were rolling out fake and misleading figures about the economy. The economy of the country was expanding on paper, but in reality nigerians were getting poorer by the day. PDP's govt was feeding fat on the trillions of naira allocated to fight insurgency in the north. Security votes and budget in the last administration was the highest in the history of nigeria, yet no one bothered to procure 4th generation jets to counter the insurgency in the north.
The last administration of PDP/GEJ abandoned the NE, played politics with the chibok girls issue so much that some people still think their disappearance is a hoax or a political tool to witch hunt the administration. Is it not amazing that the war in the NE is been prosecuted with the arms that the last administration bought? Somebody in the administration was feeding fat on the crisis. It was up to the president and his cabinet to put an end to the war, but they were too busy playing politics. It will be unfair to PMB if nigerians dont appreciate and applaud his effectiveness in ending the war in the NE. I remeber a lot of nigerians condemning his decision to move the command to maiduguri. Today, that decision is paying off. As usual, we nigerians move on and pretend we never objected the move (typical nigerian).
The truth is that nigerians voted for APC not because APC had a political ideology that was appealing, but because they were fed up with PDP's lies and visible inefficiency.

Fulani cup.......55%loading

Acousticlexi:
A whole lot of people making uninformed comments here. Esama has a large expanse of land in okada and he allows the fulanis to graze some parts. He owns some of those cattles that graze there. that is how the fulanis got to okada. The fulanis tresspassing is now their fault.

Because the esama has a large expanse of land, that gives the fulani herdsmen the right to kill the indegenes?
I doubt if the esama will fold his hands and watch these cowards kill his people.
Lets just hope reprisal does not go out of hand because the edos wont sell themselves over peanuts from cattle grazing.
The edos dont raise bastards.

I fear for the fulani tribe. If the edos sucessfully take a pound of flesh in revenge against the fulanis, that might cause a spark that would ignite a nationwide clampdown on the fulani race in other states.
A genocide is what they would term it, but the height of fulani foolishness is how they intend to fight all the tribes that make up nigeria.
We might need a UN intervention to avoid another bloodshed on the continent. As we speak, there are frequent retaliations in other parts of west africa. Last time, it was ivory coast and ghana.

Achieving LTE status shouldn't be that daunting task since they inherited infrastructures from nitel.

MadCow1:
Leave all this Bini boys..


Them think say Fulani boys na their mate.


Instead wey dem go dey call their people to pack out run, dem dey cybercafe dey form Jet li..

No tribe in edo will abandon his land for an outsider to occupy. They would rather you spill their blood and if you dont suceed in spilling the blood, then they should forget about leaving edo alive because their blood will water the fields of edo. Mark my words. Dem go think say na Agatu dem dey. Dem don reach their bus stop. Make i see the military wey go save them.

Chai, the fulani herdsmen have messed with the wrong people. Edo wey no dey hear word. For their life, na here their cup full.

Examination is not a competition. It is just an exercise to rate your ability to comprehend and put into writing your overall understanding of pre-defined intellectual hurdles in form of a test.
You sound like you are competing with the entire class or something.

I rather entrust a dullard, unreasonable, rigid buhari with subsidy removal than a kleptomanic, corrupt, shameless, idea bereft, god-forsaken, good for nothing PDP govt led by GEJ.
Nigerians, we are a people whose mentality has been battered by chronic dementia induced by decades of economic looting and deprivation.
We forgive, forget and move on easily.
This is a weakness that our politicians have exploited for long. It is time we rise up and hold this govt responsible and make them sit down to deliver the dividend of democracy.
What nigerians yearn for are the basic needs of life. If any party or individual thinks our demands are too enormous to be met, then they better be ready to ship out.
PDP took us for granted for so long but now we are smarter.

teewhydope:
Reason u should upgrade to marshmallow

Marshmellow allows only 8 permissions per app, this model is unlike the older versions that are all or nothing. Aside from security concern, android 6 (marshmellow) focus is more on user experience. Apps can now be executed at compilation improving user experience, external sd cards can now easily replace internal memory for primary storage.

Aristotle96:
Just grant yo phone root access and counter dia permission if u want thats all

Rooted android phones are more prone to security breach. Rooting your phone removes security kernel files that sort of mandates app developers to make permisions available in android manifests of their java source files. Rooting certainly allows phone users remove restrictions embedded in AVM, but then you are more like stark nude in the cold. Like they say, there is a price for freedom.

Lexusgs430:
Why she no install tracker?

She is probably too dumb to know what a tracker. FYI, a lot of luxury cars in nigeria have no tracker simply because nigerians generally are technology ignorant. They would rather buy a smart phone worth 150k for public showoff than get a tracker that is less than 50k.
Sadly, the functionalities of these phones are never put to use.

The more reason why nigerians need to make nigeria homely. There is no place like home. When faced with rascist abuses abroad, remember you have a place you can call home. Lets make our country as comfortable as the places we visit abroad. Lets take what belong to us from the dare devil crook, greedy politicians who are bent on making our great country hell on earth.
Nigeria is ours. No politician or individual owns nigeria.

Nigeria, home sweet home.

The more reason why nigerians need to make nigeria homely. There is no place like home. When faced with rascist abuses abroad, remember you have a place you can call home. Lets make our country as comfortable as the places we visit abroad. Lets take what belong to us from the dare devil crook, greedy politicians who are bent on making our great country hell on earth.
Nigeria is ours. No politician or individual owns nigeria.

Nigeria, home sweet home.