₦airaland Forum

jmoore:
Coming from an atheist that spends so much time in religious section. Who dedicates so much time in what he doesn't believe in?

Yes indeed sir.
Like any curious mind, I am perpetually bewildered and still studying and trying to understand the mystery of blind faith, and how people can adopt a worldview that falls outside the periphery of facts, rationality and common sense.

BeLookingIDIOT:
What do you think?

Is he not correct ?
Are Africans the last people on Earth to hear that the bible is a selection of books, letters and fictional fables that has been edited and redacted from time over the past 2000yrs by the church ?

LexNuel:
I have always asked myself this question. Why are we using the dollar system. Why are we exchanging goods & services using the dollar as a reference point?...how did the world get to this point.

I mean first, it was the barter system; which was in its own right effective. But Education said there was no way to quantify what is equivalent to what.. how many tubers of yam should be equivalent to one bowl of rice etc.

Then we went to cowries... Education said the shells were not uniform enough..

We tried Gold.. ah!! Its too scarce...trade deficit issues, it can being down the economy.. blah blah blah.. Government cannot control it...which Government actually? 😏😏

And now it's dollar.. and they say it's efficient because that is the major advantage the US has over other countries.

Kenyan President, Ruto, once asked "why we are trading with US dollar in africa"..Why?.. why give the dollar more power...

The US has its hook in our throat with the dollar. They say prices are controlled naturally but we both know that's not true...

And I'm just here thinking, will we ever get out of this dollar system? The same way we were convinced to leave cowries and gold.. even though we had it in abundance compared to the west.

Now the West is in control...

Where do we go from here?

If you look at history, the nation with the most powerful Naval power tend to be the most dominant power.
In the modern era, aside from the US being the most dominant military power, more importantly , the US has the most diversified and versatile economy in the world. The diversity and versatility creates the kind of economic stability that no other nation in the world can rival.
The the diversity and dynamism of the US economy and financial system absorbes all the shocks and unpredictability of all other economies.
Smart money looks for safety above every other consideration.
Therefore, the US dollar is always , and would always remain the reserve currency, the currency of last resort in any period of the global economic cycle .

sukkot:
And wherever nigeria goes, the rest of africa follows and the whole africa joining BRICS means the end of the west. africa is that geese that always lays the golden egg for the west. so this is why 3 powerful chinese warships is in nigeria right now for that BRICS protection when tinubu makes the announcement , because best believe the west would bring that war to our doorsteps after the announcement . i hope yall ready for this war, hope you have your bunkers ready and my igbo brothers start the engine of that ogbunigwe

Warped logic.

Brics is the biggest joke of the century. It would even be a much bigger joke if Nigeria, a failed state, joins them.

ibechris:
Pls, there is a growing menace of friends poisoning their friends at beer parlours, lounge or bars.

Watch out especially now that begging has increase among peers, friends and family members and close allies.

Just this morning my class mate was pronounced dead, as he was poisoned and left to die.

I saw another video of recent which was prior to this news, where a guy was poisoned and he died in an inhumane manner...vomiting blood and all sort before a doctor pronounced him dead.

Pls, watch and drink smart before the unthinkable happens.

People are just not happy seeing u do well.
Don't get it twisted as most people think it should be them and not u that is successful.

Be wise.

We tend to be too quick to point accusing fingers before aacertaining the true cause of death.
Nigerians , especially the younger folks, ingest excess amounts of power drinks that contain excess amounts of caffeine, as well as all manners of concoctions for sexual enhancement or just to get high.
I think we should be careful im pointing accusing fingers at friends before we know the true cause of death as pronounced by a competent professional.

yinkus6750:
What an unusual personality, with unusual exemption and immunity even coming from the FBI.
Grace is really speaking and covering him up.
Well, what will be , has been.
Even if anything changes tomorrow, he has achieved his life long ambition.
What an exemptional personality.

Lol.
It's called blackmail, and it is something that intelligence agencies thrive on and dream of.
Imagine having a salacious dosier of the president of an oil producing and most influential nation in Africa.

That's a gem of a catch.
There is no way they are going to release his records. His records are now a strategic US geopolitical asset.
He is now and permanently their puppet. He must get their permission for any key economic, political or geopolitical decision.

DomPerignon:
FG should begin recalling most of the currency in circulation printed from thin air by Emefile through this Forex window.

This how the FG can utilize the Forex to remove excess liquidity from circulation and drive down inflation.

The only people betting against the naira are Buhari looters who , without Emefile's protection, are now moving their loot through the Forex window .

No genuine business will bid so high for Forex in such a challenging economy. What do they want to import that they are desperate to bid so high for Forex?

In a few months, if the FG compels the CBN to withdraw all excess liquidity from funds raised through the FX open window bidding, the naira will regain to about 350-400 to a dollar.

Are you serious or are you one of those government e-wariors paid N30k a month to write nonsense?
Forex users will pay whatever the market offers . The Naira has very little economic backbone to rest upon. The main reason your government decided to let it float is to allow it to find its bottom, its true equilibrium value. I speculate that bottom to be N1500 in short term.
On a longer term, the stability of government economic policies would determine when it sinks further or regains some strength to the N1100 - N1200 levels.

MrBrownJay1:
stick to the issue at hand.... the OP stated the below falsehood:



and therefore my answer is to educate the OP as to where the Africans stood in his obviously wrong statement. the ships that he attributed to Europeans were created by AFRICANS, the "knowledge" that he was quick to talk about was common in Africa way before Europeans knew how to read/count etc....same with Medicine, architecture/steel making. so lets not claim ARRANT NONSENSE on NL and stick with facts. African were more knowledgeable than Europeans, Europeans LEARNED FROM AFRICANS/ASIANS/MIDDLE EASTERN and not the way around.

Pure Nonsense about Africans building ships.
What ships?
Which continents did they sail to and colonize ?
I laugh at this ' feel good ' nonsense that we tell ourselves that we were more knowledgeable than the Europeans.
What then happened to the knowledge ?
What are the enduring legacies of such supposed knowledge?

I am a proud African. But I am also aware of the limitations of African culture and civilization.

Trying to embellish African culture and civilization just to justify our shameful failures in this current era is counterproductive.
We must tell ourselves the bitter truths and do a self audit about we are unable to govern ourselves and build a functional modern society for Africans.
Let's stop deceiving ourselves.

MrBrownJay1:
bro educate yourself so i dont have to do it for you.... the western media is telling lies and you believe that garbage withut questioning it:
- the WHEEL was invented by the people in IRAQ (Sumerians), not Europeans.
- there was Medicine in Africa/middle east way before Hippocrates supposedly invented medicine
- the 1st numeric system was created in Africa, way before the west even knew how to count
- the 1st people who invented writing were AFRICANS... aka the proto-Saharan writing
- the 1st human species that use language as a form of communication were AFRICANS (100k years ago)
- AFRICANS were producing steel (Tanzania) way before the so called western industrial revolution
- AFRICANS knew about architecture way before the west... just have a look at The Pyramids of Giza, the Step Pyramid, the city of Great ZImbabwe, the Nubian Pyramids to understand how advanced Africans were in architecture, way before the west.
- AfFRICANS created the calendar system...
- the funniest part in your above confusion is that you even believe that the west created ships, while it is well known that the 1st ship builders were Africans Egyptians, and the earliest drawing of ships were found in Egypt. just because we didnt want to invade OTHER COUNTRIES to call it our own, doesnt mean we were not the creator of the 1st ships. sadly we used it to fish..not to invade/endoctrinate/decimate entire nations (like the west).

BTW the Chinese discovered gun powder, and sadly the western world decided to use it to inavde/kill and have genocide all over the world ever since.... because only people with evil intent would try to conquer the world and steal other people lands/natural ressources.

so yes, to you, intelligence is solely western, but if you look DEEP DOWN, you will see that the origin of it all comes from Africa/middle east. whether you want to admit it or not!

Very dumb answers that not address the issue the OP raised.
Infact, such dumb answers help to buttress the point of intellectual inferiority.
Whoever supposedly invented what 3000yrs ago is not really relevant.
The question here is why have Africans have shown a cleae lack of intellectual ability to manage their resources, and as well as cope with the modern era ?

Putinofrussia:
I just told one of my SE friends that Yorubas progress because of their resilience,diplomacy and business acumen.
He argued as they are wont to do.
Yorubas are the richest and most progressive Nigerians abroad.
It is resilience and pure business acumen with the help of God,of course.

I admire many many character traits of Yorubas and their culture.
Having said that, unfortunately, teaching the true history of Nigeria is a such a taboo in our schools and in national conversations, and that's why people talk so much trash that are not based on any measurable or historical facts.

The sad facts about Nigeria is that the major and minor tribes of Nigeria have been on a competitive derby since day one of amalgamation. The fierce competition between the feudal North, the Semi-feudal SW and the Republican SE had always positioned the SW as the opportunitistic beneficiaries of a dysfunctional experiment at nationhood.

Naijalarry:

https://www.youtube.com/watch?v=tnL8hHT6nTg



Source- https://www.channelstv.com/2023/07/09/i-supported-tinubu-worked-against-atiku-100-fayose/

Nigerians and the leaders they produce are very funny, in a very pathetic way.

Everyone talks about the problems of leadership in Nigeria, and yet , the same patterns of behavior from the same recycled leaders continue, unabated and unabashed. Every little snipet of information that comes out of Nigeria not only make me thoroughly ashamed, but very sad and very pessimistic about the future and continued existence of this historical accident.

Here, we have a man, a leader , a former governor of an important state, elected twice under the umbrella and Goodwill of the PDP, boasting loudly and proudly of how he betrayed the PDP, the same party that twice gave him govership tickets and votes.

Where are these kind of people molded from ?

Tomorrow, the very same voters will either vote for this fool or have him appointed to an even greater office.

How can the common Nigerian ever put their hopes on these gangs of Janus-faced parasites?

booblacain:
How can you accept and move on with something that is still only a theory and has not been proven?

The theory of evolution has been upheld by everything we know today in genetics and biotechnology , as well as modern techniques in agricultural production.

The germ theory is the same with the theory of evolution, yet, I'm sure you have no problems accepting the fact that germs cause disease. The gravitational theory is still in the same category.

1Sharon:
White people are not allowing him to be great😂

Notice how he created laws against gay people, but couldn't create laws against corruption, handling unemployment and creating good infrastructure.

Gay people are where his priorities lie. He went after the easy target like the lazy coward that he is.

Thank you dear .
They are cowards, incapable of tackling the tough existential issues of their nations.

Ningishzida:
I agree with your opinion to some extent. But you didn't consider the role of Western media in programming Africans to be this way.

Just like people born and programmed into a religion I won't mention, are willing to kill others who don't believe in their God, same way Africans have been programmed into these things you mentioned.

You might ask where these programming came from? Beginning from our childhood educational system, we are taught how the Colonizers stopped killing of twins(not true), discovered our rivers(not true), and a whole lot of other lies meant to white-wash the Europeans as Angels to us Africans.
The media is controlled by the West, meaning everything you read, see or hear are most likely offshoots of these powerful media, portraying Europeans as good people while portraying Africans as evil uncivilized humans. This won't be a problem assuming the masses were wise. But unfortunately, majority of humans lack the capacity of self-reflection. They live all their lives trying to fit into society and be cool even if it comes at their own detriment. The Colonizers know this that is why do everything to maintain the narratives through Hollywood, BBC, CNN and all the other media owned by the Rothchild families.

.
Well, if the West controls this and controls that, that automatically implies that there must be smarter( have a better grasp of reality) than we are.
Also, Africans are not the only people who were colonized and influenced by Europeans. These other races have picked themselves up, dusted their pants, and moved ahead in the March of civilization. We are the left-behind people , perennially wailing and not doing much to move ahead.

Westerhoffe:
What I will not take from the West is their Forced Immorality, tagged Freedom in the tune of LGBTQAI+

Africans are fools, generally speaking.

Africans worship foreign Gods and deparage their own traditional deities. Africans relish European history , speak European languages, wear European clothes, even dream of a European heaven with a European-looking God sitting on the throne.

I find it very funny that the only time Africans become fierce defenders of their culture is when it concerns LGBT issues.
Such hypocrites.

Ningishzida:
This Kind of History should be in our school syllabus. Not the current syllabus that lies about how Western inhuman Colonizers are saviors of Africans.

https://www.youtube.com/watch?v=TiELHewFEV4

Nonsense.
African people are empty, that's why they produce empty sociopaths as their despotic leaders.

This Uganda a-hole despot, who has been in power for 37yrs has obviously realized that he has nothing, absolutely nothing to offer his country, except the revert to this old , stale song of " The west did this and the west did that to Africa ".

In the 37yrs that this fool has been in power, what has he done to create a good standard of living for the people of Uganda ?
The answer is Zero.

But he has done much more harm to Uganda than any European ever did. Not surprising at all.
Africans are the worst enemy of Africa.

Therefore, the more these despots continue this perennial wailing , and the more we fellow Africans continue to cheer them on, the more we telegraph to the rest of the world, and even more pathetically, to our subconscious minds, that we lack the creative potential to create a better world for our nations.

Fools never cease to complain and blame others for their failures.

Newton2024:
It is senseless to continue blaming Britain many decades after independence. They are human beings like you.

I'm definitely not one those who continue to blame colonialism or the west for the many many failures of the African people.
Almost on daily basis, I debate with people who do that. I believe that destiny of the African people lie squarely in the hands of the African people.

Having said that. It still remains true that the European colonial Template was basically to identify unqualified people, often sociopaths, to occupy very important and sensitive positions in their colonies and former colonies.

Newton2024:
They are reforming aviation sector by renaming airports.

The least intelligent among us are the ones ruling us. Shame on them.

Unfortunately so.

It is the typical British Empire playbook for their colonies:
Give the most important jobs to the least qualified people, and then sit and watch everything crumble and fight amongst themselves.

CodeTemplar:
stabilization isn't defending. It is a bit like a big man with some dollar to spare deciding to exchange them for Naira before paying spending it.

The Naira will only stabilize when it finds its equilibrium value. Right now , we can only speculate as to what that value will be, but it would definitely be much lower than it is right now. My own bet is between N1200 to N1500 range. When it reaches that point in the short term, then success of economic stabilization policies of the government would determine whether the Naira strengthens to N1100 to N1250 or further free falls to the bottom.

mrvitalis:
U want to defend floated naira? Lmao

That's exactly what I was asking in my mind ,
Laughing out loud .

Wagwanbrethren:
Good one from the US!
They are quick to impose death penalty on homosexuality, but can't impose death sentence on their corrupt politicians! 🤣

Most Africa countries with their misplaced priority. LGB is here to stay, either you like it or not. Na just time.
The death penalty is too extreme, and that's human right abuse.

I wonder why people are going crazy over what two adults choose to do with themselves. Don't you get it, they are not sexually attracted to the same sex, no matter how you try to change them, it's the way they are. No be your nyash I dey f;k, so why you carry the matter for head? ☹️

It's like you took this post right out of my mind.

I will put it bluntly.

Africans are stuupid set of people.

They shy away from the more courageous and challenging battles of providing good lasting governance for their people and future generations, and instead, choose the easy jobs. Hating and intolerance are much much easier than articulating a vision for the longterm prosperity of their people.

I find it particularly painful and ironic that Africans have spent centuries fighting dehumanizing racism and bigotry all over the world. With that battle still raging on , we are in the global spotlight for the most hateful and intolerant laws against another set of human beings, whose only crime is being different.
A sordid renactment of negative history.

vanitybutiwanti:
So because your Igbo brother didn't win, then Nigeria should burn? Are you aware that as long as the rates are not uniform, no foreign investor will bring in funds to invest in Nigeria, FDI will keep dwindling. The manufacturing and exports that you're advocating for is driven by foreign investors. Perhaps, if obi had been announced winner of the election and he took the same measures, you'd have applauded and supported him. It's mind boggling, the hate from the Easterners on social media platform is crazy, everywhere you go on the internet, you'll see them wishing the country bad. Economics expert like Sanusi lamido lauded the move by the new president, do you know more than him? No disrespect to you but are an authority in Economics and development like SLS. Before the unification stocks on the NSE were undervalued, when the announcement was made, stocks like zenith, GTB, and a host of other companies that sold below it's intrinsic value shot up. Now who is responsible for the renewed interest in the NSE? Off course, informed persons that know more than people blinded by hate and sentiments

Another inarticulate, meaningless babble.

Must tribal and political sentiments be pre-eminent in every national discourse?

The laws of economics does care about tribe, politics or self-serving patriotism.
Just like the laws of physics, no amount wishful thinking changes anything.

Whomever would have won the past presidential election, Atiku or Obi, they would have equally faced the same econmic obstacles and catch-22 situations and tough decisions that must be made.

You and your ilk are so suffused in primitive tribalism, that you don't even take time to read, digest and understand a point of view , unless that point of view hails your almighty God Tinubu.

Now, for the record, allowing the Naira to float is long overdue. If it had been done long ago, it would have found its true value by now. So, it's a good move.

But any mo.ron who thinks that it is meant to or going to strengthen the Naira is , well, a mo.ron.

Theboss001:
That's why I wonder what these clowns are cheering About?
We haven't started producing/exporting more.
So how will the naira now magically appreciate

I wonder o ?

Parachoko:
You're wailing unnecessarily, the evidence on ground shows the Naira is doing fine

You can believe and keep on living in the past, is the problem of your life, Nigeria is Marching On Under Asiwaju Bola Ahmed Tinubu

Little guy,
You can sing praises to your God Tinubu as much as you want.
That is not the issue here.
The issue here is about fundamental economics. And by any fundamental economic forces, the Naira, now that it is freely floating, will gradually float to N1200 to N1500 per USD.
How soon in the next 3 to 6 months that would happen is something that I would not speculate .

Parachoko:
You're wailing unnecessarily

As at now, the naira is doing fine

The likes of Payoneer is presently selling dollar for 607 to 1 USD

Stay on Nairaland make u dey talk nonsense for here

I guess you're not capable of properly defending your opinion without reverting to name calling.
Compulsive name-calling is usually a sign of mental vacuity.

Parachoko:
So far there's no scarcity of the $, everything will be fine

I doubt the $ will even go beyond #800 before it start falling

On the long run, Aboki $ might even become cheaper than Banks $

Fellow Nigerians, Let's suffer today and enjoy tomorrow

Asiwaju is in Control

Dream on , dream on.

I'm not sure how old you are , but but we have attempted this rate unification several times before, and it has failed each time. There is nothing different about this latest attempt that would ensure its success.
Our productive capacity is still very well below par. Our exports are below par. Ease of doing business is below par. Agricultural production is already hampered by terrorism.
Upon what basis can we hope to sustain a good value for the currency ?

nlfpmod:
https://nairametrics.com/2023/06/16/naira-fair-value-should-settle-between-n640-n680-bismarch-rewane/

Complete BS.

We do not produce enough of anything that we consume. Despite the fact the we are naturally endowed with cheap petroleum , we do not produce enough gasoline for even domestic consumption. We still import refined petroleum products. That says a lot about our productive capacity.
Then, upon what economic basis can we, can anyone talk about the supposed fair value for the Naira.
Unfortunately ,the Naira will inevitably gradually slide lower and lower for near eternity.

Sasi54:
This is a man with outstanding characters. When will Nigeria ever have such a man as a leader that has his people at heart

You gotta be kidding, right ?

This evil, racist nut and charlatan is the man whom you're idolizing?
Is there is such a place as hell, then this type of parasite is bound for a very special place in hell.

VeeVeeMyLuv:
My dear I just tire for Nigerians

You see, lemme tell you something

An individual cannot give what they don't have

The intent, content, of their soul and mind is impure, unjust, obscure, malicious

So it is garbage in garbage out.

Somebody here was saying that a leader does not need to be good to perform well in Nigeria

I just dey laff am.

Well said.
There is too much junk in the average Nigeria psyche.
We do not produce soulless and visionless leaders by mistake. The truly horrible leaders that we have only reflect the dark and fragmented psyche of the average Nigerian.
Like you rightly said, we can't give what we don't have.

kingi777:
Things were a little better during Jonathan's era. People got overfed and were challenging the government. Buhari reduced the feeding of people by increasing price of petrol, cooking gas, food etc. The hunger in people didn't allow them to challenge his government. Now, the government in power have seen that increasing the poverty would decrease the rate of agitation as it's a well fed man that would think of protesting. Moreover, the less the masses see money, the more money is accrued by the rich and political class for power consolidation.

Well said.

Unfortunately, this the problem with Negroes.
After the Locust years of Buhari,Babangida and then Abacha ,Nigerians got a breath of fresh air and economic mobility under OBJ and then Jonathan. Apparently overfeeding, they became arrogant, and ungrateful of the honest attempts at good governance. Like a the mindless mob they are, they allowed themselves to be blinded and tricked by political conmen shouting " change". They asked for it and they got the change they asked for .
And ha ha ha, 8yrs of " Changi" and the citizens are again emasculated into the most excruciating economic conditions worse than the Buhari first missionless journey, the Babangida and Abacha Locust years all combined.
Now, in fairness, if the BAT were any younger and more cognitively dexterous, I might give him some hope of doing something meaningful, but his obvious cognitive incapacity means more ra.pe and pillage of the Nigerian people.
The people are so hungry and so confused now, they hardly have a voice to complain.

slawomir:
Damnnn niggar
Tinubu administration is about to kick off in a bad note
Imagine federal ministry departments and agencies have not been payed may salary
Now fuel price gone up to 500+

Before they usually gets thier salary Before 28 of every month

It is about to get worse for Nigerians

The truth and happy thing about Tinubu's administration is am not gonna pity anyone anymore since have realised that the masses are the problem of Nigeria
A south African friend told me that if tinubu gets more than hundred vote in this election then it means Nigerians are sick and the tribalism hidden in us is out openly

Nothing could be more true.
Nigerians are stuuupid people, and they deserve everything they get from their parasitic leaders.
I no pity for Nigerians anymore.

toneroforever:
U need to know the predicament of Abia state before u can understand the significance of this spiritual exercise.
The previous governors especially Orji Kalu were deeply diabolical.

My dear friend,
There is nothing diabolical about greed and avarice.
Greed and avarice of men are what has kept Abia State in the dark ages since 1999.
Correspondingly, only honesty , integrity and well articulated vision can free Abia State, not some religious mumbo jumbo that is , itself, the harbinger of more greed and avarice.