₦airaland Forum

Amaechi see wetin u cause!.u share $10k 4 delegate....hahahhah

Trojavirus:
I didn't want to comment without the knowledge of the ban product so I googled it and here is what I got;
1. Rice
2. Cement
3. Margarine
4. Palm kernel/Palm oil products/vegetables oils
5. Meat and processed meat products
6. Vegetables and processed vegetable products
7. Poultry chicken, eggs, turkey
8. Private airplanes/jets
9. Indian incense
10. Tinned fish in sauce(Geisha)/sardines
11. Cold rolled steel sheets
12. Galvanized steel sheets
13. Roofing sheets
14. Wheelbarrows
15. Head pans
16. Metal boxes and containers
17. Enamelware
18. Steel drums
19. Steel pipes
20. Wire rods(deformed and not deformed)
21. Iron rods and reinforcing bard
22. Wire mesh
23. Steel nails
24. Security and razor wine
25. Wood particle boards and panels
26. Wood Fibre Boards and Panels
27. Plywood boards and panels
28. Wooden doors
29. Toothpicks
30. Glass and Glassware
31. Kitchen utensils
32. Tableware
33. Tiles-vitrified and ceramic
34. Textiles
35. Woven fabrics
36. Clothes
37. Plastic and rubber products, polypropylene granules , cellophane
wrappers
38. Soap and cosmetics
39. Tomatoes/tomato pastes
40. Eurobond/foreign currency bond/ share purchases
Now that I know the product and having read other comments, I will reserve mine.

The above listed items are and can be produced in Nigeria,i think the importers need to plan towards producing these items locally...i will solicit CBN to relax the forex rules in favour of those importing raw-materials of the itemized goods not the finished products

Truckpusher:
You agreed yet you settled for the highlighted which is only a wishful thinking and that is a 50-50 chances and anything that has a 50-50 chances of occurrence is a recipe for disaster.

50-50 Chances is a recipe for disaster right? But it doesn't mean the disaster will be cooked!

VickyRotex:
50-50 Chances is a recipe for disaster right? But it doesn't mean the disaster will be cooked!

50-50 is a bad deal - It would only require a little upset in the system for the entire card to have a domino effect especially in an economy that is almost on a life support system.

These stupid banks will refuse to give you one month salary overdraft but you will hear stories of them giving people facilities running into millions of Naira. When they run into trouble they start looking up to the government to bail them out.

sabaeh:
Gbese re o in lil kesh's voice

I'm sure the deity we worship called God created u a Thor's day morning like 2day.
'Asa nwa'

RichDad1:
Who cares?
They borrowed, so they should be ready to pay back.

Bros u better care.

Na ur money dem go use pay.

Banks don't have any money of their own, dey use ppls money to survive n transact.

So pls care.

Adesiji77:
http://www.punchng.com/business/business-economy/dollar-scarcity-nigerian-banks-owe-foreign-lenders-4bn/ lalasticlala

STORY STORY................ i hate Nigeria banks cos they always complain and give you rules on your money.

If this is the case, then banks are the main beneficiary of the policy. Why are they complaining?
According to the story, they are owing foreign banks or lenders because they could not remit the sum. BUT THE MONEY IS WITH THEM NOT NIGERIA GOVT.
THEY HAVE THEIR LENDERS MONEY, DOING BUSINESS WITH THEIR LENDERS MONEY. WHY COMPLAIN WHEN THE LENDERS UNDERSTAND THE POLICY?.

As a financial institution, they should have other option of remittance arrangement with their foreign lenders if all the transactions are genuine; hence Nigeria is not on any sanction like Iran or North Korea.

Truckpusher:
50-50 is a bad deal - It would only require a little upset in the system for the entire card to have a domino effect especially in an economy that is almost on a life support system.

It's fair, than no deal.

I understand your point, but I'm Optimistic about this. This disaster wouldn't favour anyone, so why would I wanna be a pessimist?

VickyRotex:
It's fair, than no deal.

I understand your point, but I'm Optimistic about this. This disaster wouldn't favour anyone, so why would I wanna be a pessimist?

There is always another way of doing things - Nigerians didn't vote him in for a half cooked deal.

Get it right or never even dream about that place - Why do we keep having accidental leaders with no clue on how to at least fix a problem up to 50% that is a pass mark my friend.

Truckpusher:
All thanks to Buhariconomics - Abracadabra economy.

....we are CHANGE_ing to 1984 surely



www.nairaland.com/attachments/2095210_worst_jpeg588f192a23aa02a7b350a8bbe5d18306



Who will save us from these SCAMMERS who do not know their left from their right about governance?



www.nairaland.com/attachments/2571027_buharipoker_jpeg226b8276c6a021ac1a07f80d2f9b8246

anonimi:
....we are CHANGE_ing to 1984 surely



www.nairaland.com/attachments/2095210_worst_jpeg588f192a23aa02a7b350a8bbe5d18306



Who will save us from these SCAMMERS who do not know their left from their right about governance?



www.nairaland.com/attachments/2571027_buharipoker_jpeg226b8276c6a021ac1a07f80d2f9b8246

Nigerians dug a pit for themselves all for sentiment and hate.

Truckpusher:
There is always another way of doing things - Nigerians didn't vote him in for a half cooked deal.

Get it right or never even dream about that place - Why do we keep having accidental leaders with no clue on how to at least fix a problem up to 50% that is a pass mark my friend.

The sad part is, when they get there, that's when they know they cant perfom miracles. Despite all the promises.

Well, I'll say hopefully, there might be a positive change of story this time. 3 years to go!

Keneking:
Ok ..$4bn of repatriated funds seized by PMB - great decision by the government

PMB decisions are the best for our economy...

Exactly the best!

Especially considering his F9 in Economics!

Sai Baba

VickyRotex:
The sad part is, when they get there, that's when they know they cant perfom miracles. Despite all the promises.

Well, I'll say hopefully, there might be a positive change of story this time. 3 years to go!

Well, we dey inside already - this one na medicine after death.

What is delaying the swearing-in of already screened ministers?.The confirmed nominees should be sworn in ASAP esp. The FINANCE minister

Truckpusher:
Well, we dey inside already - this one na medicine after death.

lmao!

Trailblazer1:
The dullard is hell bent on plunging the economy into a recession.

where are all the critics of Ngozi Okonjo Iweala?

calling Soludo, Utomi, Oshiomhole, et al to come to our rescue

Begging Okonjo Iweala to come to our aid will finally be our last option when the dullard is true with us

Not necessarily, PMB will have to leave this job to real Macro-economists, else we're heading for a cliff.

Soludo's actually good at this but I doubt they'll let him in.
The other person good at this will be Basil Enwegbara but they're both far from the geographically "upper pole" of the country and Soludo's Godfathered.
I did say it that outright banning of imports is too cosmetic unless accompanied with serious import substitution drive.
But neither the presidency nor the lawmakers are currently after the nation's interest.
They're still busy bickering over who gets what. One's forced to ask if their so-called screening/ interview can stop any of the nominee from clinching whatever portfolio the president has for them.

Trailblazer1:
The dullard is hell bent on plunging the economy into a recession.

where are all the critics of Ngozi Okonjo Iweala?

calling Soludo, Utomi, Oshiomhole, et al to come to our rescue

Begging Okonjo Iweala to come to our aid will finally be our last option when the dullard is true with us

Not necessarily, PMB will have to leave this job to real Macro-economists, else we're heading for a cliff.

Soludo's actually good at this but I doubt they'll let him in.
The other person good at this will be Basil Enwegbara but they're both far from the geographically "upper pole" of the country and Soludo's Godfathered.
I did say it that outright banning of imports is too cosmetic unless accompanied with serious import substitution drive.
But neither the presidency nor the lawmakers are currently after the nation's interest.
They're still busy bickering over who gets what. One's forced to ask if their so-called screening/ interview can stop any of the nominee from clinching whatever portfolio the president has for them.


Rhetorics don't solve economic problems

Trailblazer1:
The dullard is hell bent on plunging the economy into a recession.

where are all the critics of Ngozi Okonjo Iweala?

calling Soludo, Utomi, Oshiomhole, et al to come to our rescue

Begging Okonjo Iweala to come to our aid will finally be our last option when the dullard is true with us

Not necessarily, PMB will have to leave this job to real Macro-economists, else we're heading for a cliff.

Soludo's actually good at this but I doubt they'll let him in.
The other person good at this will be Basil Enwegbara but they're both far from the geographically "upper pole" of the country and Soludo's Godfathered.
I did say it that outright banning of imports is too cosmetic unless accompanied with serious import substitution drive.
But neither the presidency nor the lawmakers are currently after the nation's interest.
They're still busy bickering over who gets what. One's forced to ask if their so-called screening/ interview can stop any of the nominee from clinching whatever portfolio the president has for them.


Rhetorics doesn't solve economic problems

TS2:
It's PDP and GEJ that should be blamed na.

Nigeria should not have anything less than US$100bn in our external reserves even with chopping in govt but what has happened is that all the years of oil boom didn't mean increased foreign reserves. They ate all the money, bought boats and real estate and jets everywhere. Now, there is no buffer for the economy in the event that a shock comes. Coupled with the price of oil in the global market and the promise of increased oil production globally in 2016 leading to a glut in the supply of oil, we are in for very tough times.

In short, what has happened is that we are eating once a day now so that should a famine comes, we will have something to feed on for some time. Don't blame Buhari. He has come to help.

If you like abuse me but I have just painted the easiest scenario for anybody to interpret easily.

Those who "ate all the money" are the 36 state governors who did not want the PRUDENCE recommended by Jonathan for our JOINT Federation account.

FG, States, LGs Share N568.4 Billion for Oct



[img]http://cdn1.vanguardngr.com/wp-content/uploads/2015/09/412x247xOkonjo-Iweala-e1442838220305.jpg.pagespeed.ic.nz-K0adxSv.webp[/img]



Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

Yet Buhari gave BAILOUTS to these mofo governors after they squandered the ECA shared under Jonathan. Is this how the Dullard from Daura intends fighting corruption



www.nairaland.com/attachments/2511031_img22681848099545_jpeg_jpegd0c22199d4d5840b2b430d790dfb113d

AFRICA IS INDEED A PRODIGAL CONTINENT. HER LEADERS ARE CAPACITY DEFICIENT, THE LED ARE SO SULKED UP IN THE WHIRLPOOL OF TRIBALISM, NEPOTISM, FAVOURATISM, RECKLESS ADVENTURISM AND TO SAY THE LIST, WE ALWAYS CELEBRATE MEDIOCRITY.

[size=18pt]We are right here. If not for the failed policies of that fat evil women we will not be in this mess. She overlooked the loot of our treasury. now she is collecting awards in America for brings billions of dollars from Nigerian treasury.


people like you are dummies who keep blaming baba for taking bold steps which are actually protecting our foreign reserves. we have no business importing rice toothpicks and what not.


if you are ibo I don't blame you because you come from a criminal background and must criticize the rest of us. if you are not ibo then you are just a dullard. [/size]

Trailblazer1:
The dullard is hell bent on plunging the economy into a recession.

where are all the critics of Ngozi Okonjo Iweala?

calling Soludo, Utomi, Oshiomhole, et al to come to our rescue

Begging Okonjo Iweala to come to our aid will finally be our last option when the dullard is true with us