₦airaland Forum

searching4lovee:
[size=18pt]EVEN IF THE WHOLE ECONOMY CRASH, WE WILL STILL VOTE FOR HIM IN 2019. NEXXXT [/size]

SenseiX:
If you had any iota of a working brain you would see that Mail And Guardian Africa sourced the article from Bloomberg, a common practice in reporting.
Here is the link from Bloomberg itself
http://www.bloomberg.com/news/articles/2015-10-28/nigeria-risks-investment-with-brazen-5-2-billion-mtn-penalty
Now go and kill yourself, r.etard

winterfell007:
Buhari by all indices does not understand that his laxity and indecision has really caused the nation a great deal of economic loss. during GEJ's administration, every investor coming to Africa always have Nigeria as the first point of destination. Rating Agencies like Rueters, JP Morgan and Fitch rated Nigeria high due to fast growth rate, better clarity of government policies such as: auto policy, power sector reform, sugar policy and gas based industrialization and improved civil service organization. i could remember attending expos and speakin wit various expatriates they highlighted how remarkable Nigeria has grown since the return to democracy and the upswing momemtum we've maintained since then. That seem to have slowed down. The growth of seemed to have slowed not just because of the plunge in oil price but the inconsistency and indecision of the current government. no one seem to understand where they are heading to. that in itself is the greatest contributor to slow growth rate. my humble contribution
It is my hope PMB realizes this before it's becomes too unbearable.

Keneking:
"It is in accordance with our regulations and guidelines that if service providers don’t comply they’ll face a penalty.”

Nonsense write-up from Bloomberg...this media outfit should take their western influence and interest back to base. This is how they were encouraging Jonathan and his ministers to "kontinue" stealing in the name of development. Things have indeed CHANGED, no room for unnecessary and biased reportage of economics issues in Nigeria due to silly interests at this time.

doctokwus:
If the economy is said to be suffering under PMB,then under GEJ,by now,Nigeria would have stopped being called a country economically, politically and socially.
Economy under PMB wud always be 100x better than it cud have been under the fisherman.

Sweetguy25:
We have a useless president.

searching4lovee:
[size=18pt]EVEN IF THE WHOLE ECONOMY CRASH, WE WILL STILL VOTE FOR HIM IN 2019. NEXXXT [/size]

kennosklint:
Daura President has failed Nigeria.he shuld retire

kennosklint:
Daura President has failed Nigeria.he shuld retire

TSNG:
And the APC e-Diots would say 'Give him one year before you judge"..Buhari is super clueless evident with his lack of economic direction,any quality leadership, and unnecessary world tours etc yet some blind gullible youth would keep masturbating on him,even the world sees Nigeria is nosediving into serious economic crises,soon naira would be as worthless as Zimbabwean dollar,maybe then you lots on naira land would stop screaming wailing wailers and call the Daura President to order


ThankGod most of them around me are beginning to grow "common sense"

APC is a scam,Buhari is a senile old snail

cecegorz:
Bloomberg should go and sit down in the gutter! How many investors have ran away from the US because of the recent fines imposed on VW?
If MTN likes, let them spend another N1trn in PR and propaganda all over the world trying to buy sympathy, it will not work.
They brazenly flouted a directive that has been fully complied by 3 other competitors and expect that it is business as usual. How do you explain that you allowed not 100, not 1000, but a whopping 5 million unregistered lines to remain active, long after the deadline has passed.
It will amaze some of you that if they declare the revenues they raked in from these illegal lines for all the periods in operations, you will even ask them to pay double of the fines.

I wish I can have the ears of Buhari on this; they MUST PAY UP, and if they like, declare bankruptcy and sell off whatever is left of their equity and move away. Nigerians can rebuild it from scratch.

I am really pissed off with these mindless capitalism that companies operate with in this country without consequences. Abroad, companies gets fined heavily for issues like this.
In case you are not aware, VW was fined $18bn, yes eighteen billion dollars! for flouting emission threshold rules and deceiving the regulator. This is how sane societies work, do the crime and enjoy the proceeds, but once you are caught, you do the time.

nnachukz:
The inventor of the term wailing wailers who recently became a new member of the AWW (Association of Wailing Wailers) said recently that our Economy has nosedived. The reality is dawning on everybody. What the CHANGE brought to us is suffering and smiling.

ogene007:
I guess your APC liars should come and spin more of their lies that are already outdated. I guess that there are no job losses anywhere, and people are getting increased employment and workers are not being owed salaries. You are simply one of those delusional fellows who ought to be ashamed to still controvert the point that the economy has indeed nose dived.

wink2015:
[size=18pt]This investor should hold their peace and stop putting unnecessary pressure on the current Buhari Administration to produce an economic direction.

The havoc committed by the Jonathan administration and his pdp henchmen is so large that President Buhari can not jump into producing an economic direction.

Must development start at the federal level. what about the state level. how many investors are moving to the 36 states to carry out survey on how to invests on the various states in Nigeria.

I think Nigeria's future lies with Nigerian and not this so called investors who are economic profiteers. [/size]

Image123:
Where's the laxity from Buhari's side? The national Assembly have been the ones playing silly games claiming change. All the ministerial nominees could have been allowed to start their work within a week but instead we have needless feet dragging and drama till date. Investors will Always come in because we have a large population and money. Also economic hitmen like Okonjo and co will attract their cronies for their own benefits. Currently, indecision is slowing down the economy but it will pick up.

LordAdam:
The question is not the amount. It is the relative size of the amount. VW has a market valuation of $126 billion. $18 billion is about 15% of that amount.

MTN has a market valuation of $21 billion. $5 billion is about 20% of that amount.

The entire IGR of all the states in Nigeria for the 2014 fiscal year is not up to $5 billion. How can a sane country fine a company majorly operating in a country about 25% of the National budget. It is like the US asking a company to pay a fine of about 900 billion dollars.

I agree that corporatocracy can be over themselves many times. MTN acts with impunity severally. But let's face it, the US has one of the best climate to conduct business. In Nigeria, even being the sixth largest company in Nigeria, they cannot rely on the government to stop vandalism of their expensive installations.

Two wrongs don't make a right. The NCC is right to fine iMTN. However, the relative size of the fine is outrageous.

And please, next time do not compare functioning economies with the joke called the Nigerian economy. So because US is levying billion dollar fines, a country that cannot generate enough electricity to save lives should too.

I am not pro-MTN, but I protest this outrageous show of power. If we don't curb it now. Very soon, it will be SME's attracting billion dollar fines. EVIL THRIVES WHEN GOOD MEN STAY SILENT.

doctokwus:
If the economy is said to be suffering under PMB,then under GEJ,by now,Nigeria would have stopped being called a country economically, politically and socially.
Economy under PMB wud always be 100x better than it cud have been under the fisherman.

doctokwus:
If the economy is said to be suffering under PMB,then under GEJ,by now,Nigeria would have stopped being called a country economically, politically and socially.
Economy under PMB wud always be 100x better than it cud have been under the fisherman.

jonnieoneng:
I GBDUN YOUR ANALYSIS .I ADVOCATE A DOWNWARD REDUCTION OF THE FINE IN LINE WITH INTERNATIONAL BEST PRACTICES.HOWEVER MTN MUST BE FINED FOR THIS CONTRAVENTION

chizpim:
. Don't let your hatred towards jonathan kill you, jonathan has the best economy managers ever in NIgeria history, all of them that has worked under jonathan has secured a job in foreign countries. My father told me yes buhari will fight corruption buh he will kill the economy. That's what is happening now

appini:
Buhari is a totally confused old soldier.