₦airaland Forum

adioolayi:
Madam wey dey sell fufu don reduce the size of the swallow..

I ask am why..

She said dollar don increase... .


I know Naira will be stronger in the coming days....should settle around #750.


It's well with Nigerians..

God bless Nigeria

So u want her to sell fufu like say she steal am?

Won't she buy rice to feed her family?

Won't she buy fuel to power her generator so she can atleast listen and watch what's happening in her country?

The processing plant she takes her cassava to, don't they use petrol to power their machines?

Won't she climb okada or motor to transport her goods to to n from the miller?

When we say dollar has a spiral effect on Nigeria economy, u think na joke.

richmond500:
This is not about APC, this is about understanding the economics and accepting a better country.

Don't think every comment on NL is political, religion or ethnic

Can we encourage those bandits to atleast use locally made guns and not AK-47 and other assorted rifles.
And also make FG stop to dey buy ammo from the west, let's use JuJu to kill these terrorists.

KillIgbohoN0W:
[url=https://www.google.com/amp/s/nairametrics.com/2023/10/23/mike-adenuga-loses-300-million-as-net-worth-further-declines-to-3-3-billion/%3famp=1]Source: Nairametrics[/url]

How u go carry money play Chelsea to win...
How....

GeneralDae:
Did Buhari block borders in Northern Nigeria?

He did....
Only cows and killer herdsmen were allowed in.

iwaeda:
https://dailypost.ng/2023/10/20/tinubu-govt-managing-to-pay-salaries-no-money-anywhere-minister-atiku-bagudu/

Your managing to pay salaries, yet u have 48ministers plus numerous SAs and SSAs.
May this management kill Una...

MASTERCHIEF0847:
Was the price higher than during the GEJ days? Una too like sentiments shish!
Me am not a supporter of any Nigeria leader past or present, they all failed miserably considering the amount of resources and power at their disposal.

Lemme tell u what led to the Forex abnomality during buhari.
He came in stopped dollar deposits and withdrawals.

Nigerians who were outside doing their normal diaspora remittance had to devise means to send cash back home.
That 20billion dollar diaspora fund CBn use in defending the naira was cut off cos of stupid corruption fight.
He blocked border forgetting Nigeria still benefits from transsaharan trade, at the end those mallams that were benefitting from these trades from subsahara were out of business. They resorted to banditry, killing and kidnapping farmers.

This is how it started, poor and foolish leadership cos of hatred of one man

nairalanda1:
Started repaying the debts which we incurred when oil prices were low, especially during COVID when oil was as low as 23 dollars


Unless you have a tiny population, oil countries run into debt when oil prices are too too low.When the oil prices rise, the debt has to be paid off.

We would have been in the same situation in 2011-14 if not for the 2006 debt write-off and oil hitting 140 per barrel in 2008, which yaradua used to buffer our savings.

This is by no means a defence of Buhari. APC came into power with mandate to diversify the economy. They did not. Buhari didn't even raise tax income and fight corruption either

During COVID we had spending problem, still remember how humanitarian minister fed school children with billions who were actually at home?
Most of the cassh expended were from donor funds, so don't understand how and where we were accumulating debt.

walexbiz:
He too was part of the problem. He didn't save during the raining days and he too went on spending spree even when the price of crude oil was high. He failed to repair the ailing refineries, placed the surveillance of crude pipeline in the hands of militant and there was upsurge in illegal siphoning of crude oil. Sanusi raised alarm about squandering of 20bn USD by NNPC and up till today nobody was arrested

Will u arrest something that never happened?
Who will u arrest?

Sanusi said 50billion dollars, later he said 49b, he now drop it to 20b dolls...
That crude surveillance to militants paid off, the reason Nigeria benefitted from oil bloom.
We were doing 2.1 to 2.5mbpd of oil production.
When yaradua came in, oil production has dropped to 900thousand barrels per day..
Go and check, it takes a brilliant and intelligent president with his vice to achieve something great.

Pakute:
Did GEJ experience recession?, No.
Did GEJ experience pipeline vandalism and production shortfalls?, No
Did GEJ experience Covid?, No.
Did GEJ experience Ukrain/Russia war that's affecting food prices? No.

Gej experience vandalism, he stopped it cos of his brilliance.
Gej experience ebola that was so devastating thru out West Africa, he curtailed it.
Gej experience recession during their first term with his boss yaradua, but they excelled, actually it was a global thing, the entire world economy collapsed, but Nigeria grew during those period.

Buhari's recession was self made, made and manufactured by APC for the suffering of Nigerians.

MASTERCHIEF0847:
Crude oil prices were at its highest levels during GEJ days which was an advantage and also he had a good and competent economic team led by Ngozi Okonjo Iweala and other economic and financial experts who were picked based on merit instead of nepotism and political patronage as it was during Buhari and now under Tinubu.
Nigeria is now heading into “Gangster Capitalism “ like we had in countries like Russia,Romania,Belarus and other former Soviet Union states…the economy being controlled by criminals and outlaws with government power.

Don't forget the higher the crude , the higher the price of fuel.
U can't do away with it.

Xhuntra:
U think everyone here on this forum wallows in penury like you?? Abeg gerrout, I have nothing to prove to you

Ah, nairaland billionaire, abeg u never create way for me to gerrout o.
Abi u want make I disappear...
Mbanu, I cannot fit it

BluntCrazeMan:
Yeaahh..
That was just the case.


Even some INEC officials came on TV and made lots of people to believe that the IREV Portal is the Electronic Transmission Portal.

Don't blame them, Nigeria too dey employ quacks n fools to handle its affairs

peekspot:
https://punchng.com/reps-to-probe-alleged-mishandling-of-n183-9bn-covid-19-intervention-funds/

That borno rep na fool sha.
Id na school Una wan build, by now schools for don plenty pass residential buildings for Nigeria considering the billions budgeted for constituency projects yearly.

mrvitalis:
You are given 2 million and you make 500k yearly?

Even if that's the case 20% tax is low real tax should be 40%

There is no how I would be President and dangote escape paying 50 billion tax yearly ... Impossible

How can u tax 40% from 500k yearly?


Won't the person feed, pay other sundry bills and have savings to cater for future needs...

Like u legit wan take 200k from 500k profits that's if market forces and other factors will allow generateion of that 500k profit

mrvitalis:
You are given 2 million and you make 500k yearly?

Even if that's the case 20% tax is low real tax should be 40%

There is no how I would be President and dangote escape paying 50 billion tax yearly ... Impossible

Bros na 500k govr wan give not 2million.

BluntCrazeMan:
In the Ekiti polls Yiaga-Africa went into a partnership with another tech company who downloaded all those results as they were being uploaded,, and transcribing them from picture format into their own independent Results Collation Softwares..
They made their dashboard public, and television stations keyed into it and aired it live.

They didn't repeat the project in the Osun Election.
They also didn't do it in the 2023 General Elections..
(In 2023 Presidential Election,, one man from Akwa Ibom named Mark Essien tried transcribing the IREV results by using crowd-sourced manpower,, but there were glitches he encountered in the process, which he narrated in the report he made public.

Ok..
So Inec just wasted funds for nothing...

I knew what IREV was, na Nigerians been think say IREV na electronic transmission portal...

The only upgrade Inec did was the bvas which politicians still had their way in circumventing and doing their abracadabra

Xhuntra:
Are you ok?? Even my monthly PAYEE tax is above 100k. Dey there dey play

That means u r earning above 1m naira monthly..

Nairaland billionaires

mrvitalis:
Now this is what I can appreciate

As long as they already have businesses they were into so that funds have a higher probability to produce results

If he can cover 2000 people yearly in 4 years that's 8000 people
In 8 years 16 000 people

Well meaning ebonyi people that are reach should also contribute... 25,000 businesses expanded in 8 years is possible

If they all pay tax of 100k yearly . .. That's 2.5 billion yearly

With over 50,000 direct jobs created

Even Dangote no fit pay 100k tax yearly.

From 500k, they should pay tax of 100k yearly, fear tinubu small na

BluntCrazeMan:
The clear Fact here is that INEC themselves don't even know exactly what the IREV is supposed to be doing.
For them to promise Nigerians “Electronic Transmission” in December 2022..,, rather than using the proper terms, which is supposed to be “upload the results to the IREV”..

Uploading results to the IREV is not the same thing as “Electronic Transmission”..

The two of them are totally different things altogether..

Exactly, but they did something perculiar during ekiti guber polls.
I followed it via channels and I saw how results were tricking in and the curves were changing once a party got additional votes.
That platform is the electronic transmission portal, don't know why they didn't use it during the general elections

BluntCrazeMan:
Source:
https://punchng.com/irev-not-election-results-collation-system-inec-clarifies/

To be very frank,, INEC is not educating the populace enough with regards to how the election technologies work..
INEC really need to loud all these things very very well.
And they should let Nigerians to understand that the IREV is just for Verification Purposes.
And not for Collation Purposes..

I tried so hard educating so called obidients on this, they no gree accept.

I heard it when educated peeps reason like fools.

IREV isnt collation portal, its just like a storage cloud where all PUs result r dump.

At the moment, Inec doesn not do anything electronic transmission of result like what is currently happening in USA where results r collated in real time

LeoDeKing:
I read it 5 times while patiently searching for the name of the police officer's wife.

The name is not in the report. I understand why they don't bother themselves with the name. Everyone already know the names won't be different from those unpronounceable names.

Unpronounced like Ahmed, mohammed, saddiq, et al

Stawner16:
Oh well, let’s blame the government again for this. Truth is, Nigerians are their own problem. Evil reigns in the heart of most people smh.

So who them for blame?

Do u know the duties of a functional govt?

dalaman:
Supreme Court?

No,,na court of supreme

talented321:
Why not go and do it yourself or are you not tired of ranting on nairaland..

Power To the People!

NeoWanZaeed:
It's good on this side.


It'll later improve after the updates probably

I don do the update already, maybe na why it went bad

noobody:
Don't attempt to change it,you won't get anything as good as the follow come,
Check whatever is draining your battery and fix

Nothing is draining apart from just being online with phone

Islie:
https://punchng.com/the-economy-just-got-more-turbulent/

When Atiku said the first thing he will do is to sell off the refineries, Nigerians started mocking him.

U have a car that isn't productive, yet every month u paying Ur driver and mechanics salary for work not done.

This is the state of those refineries, and it is better they sell them off, even if na to value those steels alone and sell it off, the better.
Those sleeping there thinking they r workers can go buy mattresses and enjoy their sleep in their houses.

If we r to go out of these economic quagmire, we need to go tough on so many things.
U see those regards bandits, they need to be flushed out ASAP, just give millitary 2working weeks, if they can't, then bring in mercenaries from somewhere to do the work.

Nigeria can get it right if the leaders don't think of 2nd term and whatnot.

NeoWanZaeed:
125

How is the battery, mine drains out quickly.

noobody:
Come to whatsapp

Do u have replacement battery for redmi12, this my follow come battery is wack.
It doesn't last at all, in less than 2mins, 1bar don comot

TreasureJunky:
This is good news,,, by the time these people are done with us, Nigeria will be sold to China.
Well-done honourable house members, you guys are doing well.
As we no gree get sense, the leaders we're getting are leaders that suit us.
Fvçk tribalism!! Be wise next time, and say no to tribalism

This isnt tribalism issue, but constitutionality problem.
1999 constitution as amended tolerates all sort of rubbish in the country.

Like will u vote in an Edo man to represent a kalabari man in the house or will u want an igala man to represent the people of oron or anang olin the house of representatives?

Having lower and upper chamber isn't productive and worthwhile anymore, one of the legislative houses needs to be shut and let the lean resources be evenly used to fix the country.

Now who will move this motion?

inoki247:
Lol Ogun is cursed with bad Govt....


State wey don produce President and VP still having the worst road wetin Dem go come chop before dem get am right

Shebi former minister Too from Ogun state, otunba Fashola the endsars agent

Urheadmaster:



Akpabio is complaining about the condition of a federal road which is the responsibility of the government which he is part of, he should stop doing eye service and write to the President or Minister of works to lament. Banza kawaii.

What did Agent Fashola did as minister for 7yrs and 4months?
Atleast this route na him constituency, what exactly was he doing...
Which roads was he constructing abasi mbok?