₦airaland Forum

oyinkinola:
[s][/s]

[b]1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)[/b]

After all this rubbish you typed here.......
****
Kemi is still AN OLODO!

GMB is paranoid about professionalism and intellectualism.. What empty heads have brought together let no man put assunder!! #EmptyBrainsInc

No one is above mistake

No wonder d dollar keep on rising

Gracito:
preach brother, preach. I don't understand why everyone's Claiming mathematician, while they are not even above their own typos Here on NL

From President Mitchell Obama of West Germany to Osunbande to 16+6=24, APC is the worst national embarrassment in the history of Nigeria!

This is how she may make mistakes in some other things and put Nigeria in a big mess.

frankyychiji:
From President Mitchell Obama of West Germany to Osunbande to 16+6=24, APC is the worst national embarrassment in the history of Nigeria!

The minister with foreign accent and okpolo eyes. Obasanjo and co, Shey Una don see una market

Buhari has affected her with his olodoism .

From being a sbr manager at PWC , she ventured into Naija politics.. She handled less than $250m in her position as senior accountant, now she's managing a $500bn economy??

welcome patience ebele, i don miss u big time

lordoseji:
i hear but do you know that Ms Kemi Adeosun is a chartered accountant
who has served as commissioner of Finance
in Ogun State.?

does that makes her perfect?

Badbreathcure81:
does that makes her perfect?

no sir

Hahhahaha. Sorry Mam is 22.

oyinkinola:
[s][/s]

[b]1. ....there are very many commentary on depreciation of ₦ nowadays expecially in parallel market, although parallel or black market can be manipulated by the traders, they either do it on their self interest, so those who doesn't beleive in the prosperity of nigeria can harbour $ as they can on imported goods hereby cause hike!
But in my own point of view the depreciation of ₦ is a great success to this nation if well manage to nigeria situation today. the looted fund is in $ and it must be refunded back in $, so if $1 is ₦198 when the money is looted, then if the money is refund today at $1 to ₦350 the nation has gained ₦152!
imagine if $1=₦1000, the gain is ₦902!
So in conclusion if the government managed to refund the $trillion looted and the refunded money, change it in parallel market, this will reduce the pressure on ₦ and the scarcity of $ in parallel market so the ₦=$.

(take note all the money took out of CBN during jonathan regime were changed in parallel market before ditributed)

you have other opinion?

2. ...2017 budget will beat record... ₦1 quadrillion!, all the social sectors will be substantially finance to trillions ₦, poverty will be completely eradicated and by the end of year 2018 Nigeria will be declared a developed state and classify one of the first three country in the index of human .
I know you will argue on how this can happen with the economics situation of today, low foreign reserve, low oil price, with depreciation of ₦.
yes oil price is down, foreign reserve is dry but we still have foreign looted fund reserve at hand! when recovered and well managed, it won't be problem to have money for this budget!
we can only pray that a $ hit ₦1000 and all $1 trillion looted recovered!
I know for sure that with the determination of this government and the support of foreign nation to help recovered all $ trillion looted it will happen.....$1 trillion recovered and change to ₦ will give us ₦1 quadrillion needed to financ that budget!
year 2017 bye bye to poverty!

3. ....OIL AND LFR
THE TWO MAIN MEANS OF INCOME FOR NIGERIA ECONOMY
.....with the determination of Nigeria president Buhari and the trust of of world leaders toward nigeria, from America, Eroupe, Asia and gulf nation the down price of oil and the rise in $ is not a corse to nigeria but a blessing.
Among the oil producing countries, and OPEC only nigeria have what other didn't, we have oil in common but nigeria have the looters as well, this opportunity raise nigeria above other oil nation and when all this country are frustrated with oil down price, nigeria have turn to her looted fund reserved to keep her economy running.
Nigeria is bless with oil and (LFR) looted fund reserve, when the oil price is down, the rise-up of dollar $ hike the value of our LFR, if government inject the LFR recovered on the economy, it will boot our economy!
at rate of $ to ₦ today if government managed to recovered $1 trillion LFR it will give us:

$1=₦400, $1trillion=₦400trillion!
I hereby challenge the Nigeria economists who insist that rising $ and downwards of oil price is a broke to nigeria economy to come-up for debate!
Note (LFR is looted fund reserve)[/b]

I almost read this? SMH

AbuMaryam1:
Clearly a sleep of a tongue, but wait 16 is greater than 18 is correct.

Sleep of the tongue indeed !!

C'mon correct ur written english...

Kemi adeosun needs to go back to school..

mistake na

Our Bakery accountant Cum Finance. minister..

Nigeria is a place where calling a former President 'ineffectual buffoon' in a foreign magazine gets you presidential appointment and where the only criteria you need to be appointed a minister of finance is to have schoolled in a backyard university in East London and Speak English with a London accent.
APC keep lambasting NOI and GEJ after 9 months of your inauguration while the economy is sinking.

lordoseji:
i hear but do you know that Ms Kemi Adeosun is a chartered accountant
who has served as commissioner of Finance
in Ogun State.?

And tell me u'v never forget a simple words in exam all b4?

Choi!!! One chance ehhhhhhhh!

iyameh

she secretly added d millions stolen into d arithmetics

U tink she doesnt kno wat she added?

Rayhut:
That is the person that Yorubas are busy comparing with Ngozi Okonjo Iweala that have successfully managed World Bank, kept Nigeria economy to be stable against forex exchange and got paris club to cancel Nigeria debt that worth Billions of dollars, tribalism is a major problem in Nigeria.

Anybody comparing Kemi to Okonjo-Iweala is a fool..period!...Kemi is practically struggling with churning out ideas and strategies to run the economy let alone saving it..

keep crying while she is making it, just wasting your time.

To error is human!

Knowledge9000:
Don't mind them. Sick envious tribalistic people..think Igbos are their mate. SMH!

You need to understand how yoruba propaganda works...as soon as the news of Kemi arithmetic failure hit airwaves, they went on youtube and found the worst video of Okonjo Iweala; in fact when she was sick and had to attend a scheduled House of Rep. appearance because she couldn't cancel on the last minute, they used that video to compare with Kemi arithmetic failure in other to play it down. I laughed when the thread popped up on Nairaland. This people are an epitome of propaganda and mendacity.

so u can jump to give excuse for ur hero nd u didnt agree dt adeosun own is a common mistake anybody can make.children of baby factory.

Buhari technocrats, no wonder the budget.... I comment my reserve.

Considering the intent of her speech, this type of error should be ignore, jare.

Nobody is above mistake, except for some APC coven members forming 'master of all' on the cyberspace.

May God continue to increase the wisdom of Kemi Adeosun.

Shalom!

chrisifeanyi:
the other one get body odour, this one na olodo. We dey watch una for tvc

this your message killed me with laugh