₦airaland Forum

DieVluit:
Nigeria's MTN shenanigans was like a country shooting itself in the foot.


http://www.post-nigeria.com/how-buhari-scared-off-investors-bloomberg/


"This was contained in an article titled “Buhari Bounce Becomes Bust as Nigeria Policies Irk Investors” published on its website Friday, November 27, stating that Buhari’s 5 month delay in inaugurating his cabinet led Nigeria into slow growth, backed foreign exchange controls and regulatory summersault of $5.2bn against mobile phone operator MTN."

How stûpid can a nation be?

'Stupid' enough to overtake your economy by a wide margin and milk suck your MTN of billions of dollars for free
.

agaugust:
'Stupid' enough to overtake your economy by a wide margin and milk suck your MTN of billions of dollars for free :O:O
.
.

Tell that to your stock market

Tell that to the investors who are leaving your country in droves.

They are the ones you need to convince, not us

agaugust:
15 million South Africans living in permanent dsrkness not connected to national grid, CANNOT afford one gallon of fuel, talk less of generator. 35 million South African victims of Eskom city area load shedding, live on candles, they are not sophisticated enough to own a generator for back up power......one million candles burnt per night in South Africa..... no generators..... Bushman Bantu primitive candlelight life style
.

lol, where did u get these lies from? provide me some link

Patchesagain:
Tell that to your stock market

Tell that to the investors who are leaving your country in droves.

They are the ones you need to convince, not us

Stock market investors who left have nothing to do with MTN fine, they chose to move their money elsewhere.... That is the nature of stock markets worldwide, it is never stable, always going up and down....it's called bull and hear, you illiterate. Show me a stock market in the world that never swings up and down....Investors are moving from USA Dow Jones stock market to more favorable markets in Europe and Asia.

List the names of the companies that have left Nigeria because of MTN.....while the same MTN itself refuses to leave Nigeria ....LOL !!!!

Has Shoprite left Nigeria? LOL...show us a names list of those who left.....the criminal investors/law breakers who have something to hide and have run away from the new display of the power of Nigerian law enforcement..... Give us their names list !!!!
.

Captainswag225:
lol, where did u get these lies from? provide me some link

What link? Are you illiterate? Google type and search Eskom load shedding, and google sesrch 15 million South Africans without electricity in darkness.....dummy....half illiterate cannot google search simple data. Mumu
.

agaugust:
What link? Are you illiterate? Google type and search Eskom load shedding, and google sesrch 15 million South Africans without electricity in darkness.....dummy....half illiterate cannot google search simple data. Mumu
.

lol, u are getting emotional, is it my fault that u have no fuel to power your generator? atleast 30 million nigerians have no access to portable water and electricity

agaugust:
[s]Stock market investors who left have nothing to do with MTN fine, they chose to move their money elsewhere.... That is the nature of stock markets worldwide, it is never stable, always going up and down....it's called bull and hear, you illiterate. Show me a stock market in the world that never swings up and down....Investors are moving from USA Dow Jones stock market to more favorable markets in Europe and Asia.

List the names of the companies that have left Nigeria because of MTN.....while the same MTN itself refuses to leave Nigeria ....LOL !!!!

Has Shoprite left Nigeria? LOL...show us a names list of those who left.....the criminal investors/law breakers who have something to hide and have run away from the new display of the power of Nigerian law enforcement..... Give us their names list !!!![/s]
.

blah blah blah

agaugust:
What link? Are you illiterate? Google type and search Eskom load shedding, and google sesrch 15 million South Africans without electricity in darkness.....dummy....half illiterate cannot google search simple data. Mumu
.

More Nigerians live in darkness than there are South Africans

People in glass houses....

agaugust:
Global Firepower is wrong !

Ranking Nigér Républiqué that has no single air superiority jet fighter above Uganda that flies world class latest models Su-30 MK Flanker air superiority jet fighters, makes GFP rankings go into the garbage bin.

Well, I cant claim GFP is right or that there calculations are 100% accurate, but I think its more scientific than people just coming up with names of countries just depending on which country has more online presence of military H/W. I think when GFP makes calculate this data, they assume that if these countries were to go to war with no help from outside whatsoever (something wich isnt practical), So while UG may have aerial superiority Niger produces oil... So in this respect, Niger will be more self sustainable if there were arms embergo and sactions while these countries were fighting........ But who am I kidding, Even I have a difficult time figuring how Niger made past Uganda, I mean Uganda could just bomb the hell out of all the oil rigs and bunker buster all the stored oil that would level the plainfield within a week

DieVluit:
Until you've posted the original IMF link, you've posted nothing. Meanwhile, your gross (blue) and oil (red) revenues are diminishing. The meaning of that is simple: You have no and cannot raise money.

1. You are losing investors.

2. You are unable to defend the Naira.

3. You are unable to spend on infrastructure and basics.

4. You are desperate and are attacking investors.

You are stuffed. What matters is that you cannot feed yourselves today.

NIGERIA becoming the 22nd biggest economy in the world is a headliner. Google it away and stop being a grumbling kid.

You didn't answer the question pertaining why south African firms are still struggling to remain in Nigeria .

If the economic climate is thus bad I want to see your firms heading home. But they are willing to pay 3.6 billion dollars as fine to remain in Africa's largest market and biggest economy.

This makes rubbish of your claims.


The Nigerian Naira has never been a strong currency for decades. And I wonder why Japan still has a not so good currency too. But they are the 4th largest economy on earth.It helps their export, as it does Chinese goods. We don't need stronger Naira to render you redundant economically.

South Africa is a wrong investment for Africa. After dozens of African countries rallied to deliver you from the clutches of apartheid, all there is to show for it is a failed economy, decaying of public infrastructure, vain competition and Xenophobia.



South Africa is an investment of no returns

lezz:
NIGERIA becoming the 22nd biggest economy in the world is a headliner. Google it away and stop being grumbling kid.

You didn't answer the question pertaining why south African firms are still struggling to remain in Nigeria .

If the economic climate is thus bad I want to see your firms heading home. But they are willing to pay 3.6 billion dollars as fine to remain in Africa's largest market and biggest economy.

This makes rubbish of your claims.


The Nigerian Naira has never been a strong currency for decades. And I wonder why Japan still has a not so good currency too. But they are the 4th largest economy on earth.It helps their export, as it does Chinese goods. We don't need stronger Naira to render you redundant economically.

South Africa is a wrong investment for Africa. After dozens of African countries rallied to deliver you from the clutches of apartheid, all there is to show for it is a failed economy, decaying of public infrastructure, vain competition and Xenophobia.



South Africa is an investment of no returns

It does not change the fact that FDI is slipping away from your fingers. It is waving its final goodbye and job losses will soon follow.

agaugust:
What link? Are you illiterate? Google type and search Eskom load shedding, and google sesrch 15 million South Africans without electricity in darkness.....dummy....half illiterate cannot google search simple data. Mumu
.

South Africa marks exactly six months without any load shedding providing 24hour power without any og those 3hours cuts that used to happen every after three days.

agaugust:
Stock market investors who left have nothing to do with MTN fine, they chose to move their money elsewhere.... That is the nature of stock markets worldwide, it is never stable, always going up and down....it's called bull and hear, you illiterate. Show me a stock market in the world that never swings up and down....Investors are moving from USA Dow Jones stock market to more favorable markets in Europe and Asia.

List the names of the companies that have left Nigeria because of MTN...r..while the same MTN itself refuses to leave Nigeria ....LOL !!!!

Has Shoprite left Nigeria? LOL...show us a names list of those who left.....the criminal investors/law breakers who have something to hide and have run away from the new display of the power of Nigerian law enforcement..... Give us their names list !!!!
.

MTN saga is also causing you many woes.

agaugust:
What link? Are you illiterate? Google type and search Eskom load shedding, and google sesrch 15 million South Africans without electricity in darkness.....dummy....half illiterate cannot google search simple data. Mumu
.

South Africa marks exactly six months without any load shedding, providing 24hour power without an interruptions of 3hrs that used to happen every after three days.


The world Bank says you are lying and says 85% of South Africans have access to electricity.
http://data.worldbank.org/indicator/EG.ELC.ACCS.ZS



Naija struggles to produce a mere 3000MW of electricity.

agaugust:
'Stupid' enough to overtake your economy by a wide margin and milk suck your MTN of billions of dollars for free
.

True, Nigeria is our baby and without us is nothing.

mzilakazi:
You are truly a waste to your father's seed.

are you crying? and my dad wasn't a farmer, but a better economist than urs

iterator24:
are you crying? and my dad wasn't a farmer, but a better economist than urs

Don't you even knos farmers become richer than economists? Shame…

Patchesagain:
Tell that to your stock market

Tell that to the investors who are leaving your country in droves.

They are the ones you need to convince, not us

I hope you know that foreign investors do not develop an economy, excerpt for city states like Singapore, foreign investments do not drive the economy.

Henry240:
I hope you know that foreign investors do not develop an economy, excerpt for city states like Singapore, foreign investments do not drive the economy.

Uhhh... yes they do.

Where do you think capital comes from?

and they insult us about Bangui....

Henry240:
I hope you know that foreign investors do not develop an economy, excerpt for city states like Singapore, foreign investments do not drive the economy.

YOU ARE A DISGRACE!!!!!

WHY WOULD ANY COUNTRY CRY FOR FDI (Foreign Direct Investment). They develop economy yes.

HENRY, Do you think foreign automobile companies, financial services, network providers and others have no vvalue on economy? What about the infrastructure they build, jobs they create, sponsors they give, etc? Are those have no relevance on the growth of economy?

mzilakazi:
Don't you even farmers become richer than economists? Shame…

go and learn proper english.. stop writing with emotions

mzilakazi:
HENRY, Do you think foreign automobile companies, financial services, network providers and others have no vvalue on economy? What about the infrastructure they build, jobs they create, sponsors they give, etc? Are those have no relevance on the growth of economy?

you respond to posts like an AI at it's prototypic phase.. you should take a vacation from this thread

agaugust:
'Stupid' enough to overtake your economy by a wide margin and milk suck your MTN of billions of dollars for free
.

lol

Patchesagain:
and they insult us about Bangui....

May their soul rest in peace

http://sunnewsonline.com/new/military-vs-boko-haram-special-forces-wiped-out/

Captainswag225:
lol, where did u get these lies from? provide me some link

wasted sperm

iterator24:
go and learn proper english.. stop writing with emotions

Oh!!! I am so very much confident with my English language and I have attended a Cambridge school for that matter.

Zaha:
wasted sperm

are u done?

Patchesagain:
Uhhh... yes they do.
Where do you think capital comes from?

Why don't you list the countries which have developed through FDI?
Please do not list city states.

Henry240:
Why don't you list the countries which have developed through FDI?

Please do not list city states.

South Africa
Kenya
Nigeria
Ghana
And many others.

All of us we developed through FDI, from computers we use (Microsoft), Cellphones, Cars, Cosmetics, Hair products, Breweries, Beverages, and many more. These people have built infrastructure, skyscrapers you see in big cities as offices they work in. They built plants/factories and hire staff to produce products, etc.

mzilakazi:
Fine has to be meningful not senseless. You must take note that those people offered jobs to over 7000 Nigerians and they sponsor events, award bursaries, etc in Naija.

So because they employ people, they should be treated like demigods, its a taboo for NCC to fine them, it's an abomination for MTN to be sanctioned.

I guess in your country that's how you treat foreign companies.
How is that fine meaningless?

There are rules governing them which they're supposed to obey and they have been violating them since time immemorial.
They must pay it.