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Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive - Politics (2) - Nairaland

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Charles Okah, Kanu May Be Freed As MEND, FG Strike Deal To End N-delta Crisis / Niger Delta Crisis: Count Me Out Of Any Dialogue With Govt – Dokubo Asari / Still On The Lagos-Calabar Rail Line Controversy - Excerpt From Thisdaylive (2) (3) (4)

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Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by CXLVII: 8:28am On Nov 22, 2016
#WhoIsdoingWho

Whose land?

Whose waters?

Whose economy? Nigeria you might say

Whose unemployment?

Whose IGR will deplete?

I beg make avengers halt Nigeria make we see who cry first

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by googlepikins: 8:28am On Nov 22, 2016
[size=20pt]Some zombies said we 5% ters are not the engine room of Nigeria. Hope you are enjoying your change.[/size]

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by anonymuz(m): 8:28am On Nov 22, 2016
alt3r3g0:
We are the ones keeping ourselves in recession through self sabotage.
and also through economic policies that can't be applied to nigeria already collapsed one.
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by LorDBolton(m): 8:30am On Nov 22, 2016
BeeBeeOoh:



Oga enviroMENTAList! The region has been suffering since only God knows when, so it isn't a new thing..

Learn to read! He was referring to the every aspect of the region not just the environment

If u read further you'd see him use the North east example.

Comprehension skills bro, comprehension skills... learn it

3 Likes 1 Share

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Miles300: 8:39am On Nov 22, 2016
OLADD:
SUMMARY:

1. Contrary to the widely held belief, Niger Delta crisis is not the main contributory factor to the nation's recession since the oil sector only contributes less than 15% of the GDP. The president and VP are wrong to always premise the economic woes on plummeting oil revenue.

2. Lopsided foreign exchange policy is substantially responsible for the lull in production activities in the manufacturing, agriculture and other sectors of the economy which constitute the remaining 85% of the country's GDP. In other words, Buhari's economic policies are the main reasons for the recession.

3. Even if hostility in Niger Delta ceases and global oil price rebounds, it doesn't guaranty our speedy recovery from recession since our GDP growth is not mainly galvanised by oil revenue inflow.
but zombies will not agree with u , instead they will recite the APC poem that GEJ did not save , he emptied the treasury!!

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by demitola(m): 8:40am On Nov 22, 2016
PedroJP:





Hahahahahaha. The music has changed. No longer new sheriff and body odour in town, it is now "we are in it together".


Before now, we've been in it alone. So maybe you being in it with us will reset your wicked mind. You will begin to accomodate other people's feelings in your dealings in life.



Crisis that wasn't there at the first place, you evil minions urged buhari with your praises of new sheriff in town to go and create what he can't handle.


Now instead of you to equal urge him to restore peace back the way you urge him to restore crisis there, your evil mind can only come up with "we are in it together"


Height of wickedness. Their mind is, instead of pleasing these people agitating, let us be in it together. What a wicked set of people.


I doubt that people who sing along this chorus of being in it together can be Igbo, Ijaw, Hausa, Fulani, Tiv, Urhobo, etc except that particular tribe of the fallen angel.
I dont expect you to understand the meaning of "WE ARE IN IT TOGETHER". U might be the jobless type or a student someplace relying on the sweats of others to live up, but then ask the civil servants in you place, how market? Your hatred for Buhari wouldnt mean if the whole pipeline in that region is blown up, he would suffer. Even the external family wouldnt have twitch-feel, coz they are made already in this life. Let me come back to your clan again, see Niger Delta lost almost every justification for agitation when their own son was in the corridor of the highest echelon of POWER at least for 6yrs and yet could only rush back to the creek to start war just barely 4months their glorified son left power. IF HEAVEN IS FALLING, NO ONE WOULD HAVE A HIDING PLACE..... WE ARE ALL REALLY IN IT TOGETHER!

3 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by LorDBolton(m): 8:41am On Nov 22, 2016
Omudia:
All over the world riots and violence spring up whenever there is injustice. If the federal govt had played its part, there would be little or no crisis in the Niger Delta. During racism, blacks revolted. During the reign of Gaddaffi the citizens revolted too. What the people of the Niger Delta are saying is that we are tired of the injustice. I don't support pipeline vandalism though but in other for Nigeria and any other country to move forward, there must be equity and justice.

I'm in Abuja now, and I can't help but weep at the Niger Delta. 90% of Abuja or more was developed with Niger Delta crude revenue. The people are saying enough is enough. No sensible government practices this parasitic system of governance anymore. True federalism or nothing!

And before you tell me how bad our Niger Delta governors are, start by telling us just how good your own governors are.

Go and say it in libya na whether em no go behead u... which people revolted? Which injustice??

The USA wanted gaddafi gone, they via the CIA launched the operations and gave aerial support to the rebels, spread propaganda etc

Today libya isn't the same almost all nigerians there have ran back home, ask anyone who was there during gaddafi era nd you'd think they're talking about heaven.

Did u know that unemployed graduates were paid the minimum wage for anyone in that industry?

For example if you read chemical engineering and you're employed govt will pay u the entry level salary of people in that industry till u get a job, is it healthcare? Infrastructure?

Better be quiet if u don't know about libya. Shebi the Libyans have gotten their change n new flag? Lols

It was all about oil

3 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by agbangam: 8:49am On Nov 22, 2016
demitola:

I dont expect you to understand the meaning of "WE ARE IN IT TOGETHER". U might be the jobless type or a student someplace relying on the sweats of others to live up, but then ask the civil servants in you place, how market? Your hatred for Buhari wouldnt mean if the whole pipeline in that region is blown up, he would suffer. Even the external family wouldnt have twitch-feel, coz they are made already in this life. Let me come back to your clan again, see Niger Delta lost almost every justification for agitation when their own son was in the corridor of the highest echelon of POWER at least for 6yrs and yet could only rush back to the creek to start war just barely 4months their glorified son left power. IF HEAVEN IS FALLING, NO ONE WOULD HAVE A HIDING PLACE..... WE ARE ALL REALLY IN IT TOGETHER!

I love ur reply bro.... Shows how dumb some of those guys are. Dey feel PMB is feeling d heat like us. Highest thing dat can happen to PMB is dat he may loose 2019 election... GEJ for 5yrs did nothing for his pple and region rather he overlooked d massive corruption dat took place under his regime, yet dey won't give PMB d required breathing space to perform.

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by alt3r3g0: 8:50am On Nov 22, 2016
OLADD:
SUMMARY:

1. Contrary to the widely held belief, Niger Delta crisis is not the main contributory factor to the nation's recession since the oil sector only contributes less than 15% of the GDP. The president and VP are wrong to always premise the economic woes on plummeting oil revenue.

2. Lopsided foreign exchange policy is substantially responsible for the lull in production activities in the manufacturing, agriculture and other sectors of the economy which constitute the remaining 85% of the country's GDP. In other words, Buhari's economic policies are the main reasons for the recession.

3. Even if hostility in Niger Delta ceases and global oil price rebounds, it doesn't guaranty our speedy recovery from recession since our GDP growth is not mainly galvanised by oil revenue inflow.

Crude oil export has always been our major source of foreign exchange.

As it is now, we are still largely import dependent though reducing at snail pace.

To import, no one wants to use the naira, so you must source dollars from somewhere.

If the major source of this is affected, (crude oil)..no matter the ratio of the Gdp, it will have a domino effect.

So as regards Niger Delta Crisis, until we diversify enough and depend less on import that must require foreign exchange, have other sources of fx through export, It will still have a strong effect.

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by alt3r3g0: 8:54am On Nov 22, 2016
anonymuz:
and also through economic policies that can't be applied to nigeria already collapsed one.

You can also add corruption to the list.

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by rusher14: 8:56am On Nov 22, 2016
Axon:
Bottomline

1. The failure of the FG to manage the ND crisis like reasonable adults was the main reason for the reccession.

2. Manufacturing drop was caused by useless forex policies.

3. More Job losses, less trade, less investment and banking slump were caused by TSA and drop in investors confidence


4. Most of this drop were not caused just by oil price or pdp but in the clueless response of this government to issues. All the sectors growth rates dropped compared to last year when Gejs policies where still in place... except Agriculture which is still much below the peak levels obtained during GEJ at 2014


Conclusion, buhari ignited the fire by pushing ND aside when he entered office. Looking for militants to prosecute and marginalising south south because he won Gej

When reasonable people were warning here on NL about bubu clueless approach at handling the NDA, zombies were defending their superman's ability to single handedly protect miles of pipelines.

Even now they are still encouraging him to do what he has failed to do before


[b]Don't rewrite history.

Oil companies worldwide have downsized due to the falling price of oil talkless of an analogue Nigeria that neither saved for the rainy day nor had policies in place for periods such as this.

It saddens me to remember how Nigerians sitting in their homes can swipe their cards to import vain and yet quite expensive products such as Brazilian hair yet wonder how our currency keeps losing value.

Here on Nairaland there were threads such as how much did you trade the dollar today - dedicated to speculation of the dollar and worse, How to start your Import business not export yet we ask why we have such a poor economy.

Until you the average Nigerian innovates, produce for local consumption or export you would continue to wail.

The government cannot handle business whatever form of government it is.

Business and economy is in the hand of the private and what we see today is the sum of the work of the citizens of the nation.
[/b]

3 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by progress69: 8:58am On Nov 22, 2016
Omudia:
All over the world riots and violence spring up whenever there is injustice. If the federal govt had played its part, there would be little or no crisis in the Niger Delta. During racism, blacks revolted. During the reign of Gaddaffi the citizens revolted too. What the people of the Niger Delta are saying is that we are tired of the injustice. I don't support pipeline vandalism though but in other for Nigeria and any other country to move forward, there must be equity and justice.

I'm in Abuja now, and I can't help but weep at the Niger Delta. 90% of Abuja or more was developed with Niger Delta crude revenue. The people are saying enough is enough. No sensible government practices this parasitic system of governance anymore. True federalism or nothing!

And before you tell me how bad our Niger Delta governors are, start by telling us just how good your own governors are.

Stop these lies. How can you say 90% of Abuja is more developed that ND. Haba bros! I am from ND too.
B4 you hold the FG, first hold your governors amd directors of NDDC before our useless elders. How can any ND be owing a bck log of salary. Just imagine Bayelsa, with 8 local govts. Call a spade a spade! In b/w did u just mention Libya? You obviously don't know what you are talking about?

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Emassive(m): 9:05am On Nov 22, 2016
He won't be president when there is no funds to run the nation anymore and by then he will desert your region too and run back to Guru chewing mode and cattle herding.
SillyMods:

Let it get worse. PMB will remain till 2023 except he decides otherwise. He is not a lame duck or an IB who can be blackmailed by the antics of wailing zombies and economic saboteurs.

Pikin wey say im mama no go sleep, 'im too no go rest.
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Emassive(m): 9:17am On Nov 22, 2016
Eku Recession oooo.

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by coptic: 9:24am On Nov 22, 2016
Omudia:
All over the world riots and violence spring up whenever there is injustice. If the federal govt had played its part, there would be little or no crisis in the Niger Delta. During racism, blacks revolted. During the reign of Gaddaffi the citizens revolted too. What the people of the Niger Delta are saying is that we are tired of the injustice. I don't support pipeline vandalism though but in other for Nigeria and any other country to move forward, there must be equity and justice.

I'm in Abuja now, and I can't help but weep at the Niger Delta. 90% of Abuja or more was developed with Niger Delta crude revenue. The people are saying enough is enough. No sensible government practices this parasitic system of governance anymore. True federalism or nothing!

And before you tell me how bad our Niger Delta governors are, start by telling us just how good your own governors are.

When will you people stop being simpleminded?

Who revolted against Gaddafi? Do you even have an idea what led to what?

It's better to keep quiet than speak up and ridicule yourself.

As for building Abuja, in every relationship, the money has to be sourced from somewhere. Even in your Niger-deltan states, are the monies used in developing the state capitals not derived from elsewhere? How many of the state capitals are oil rich?

Your ignorance on how the world works is appalling!

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by bcashy: 9:30am On Nov 22, 2016
BeeBeeOoh:



Oga enviroMENTAList! The region has been suffering since only God knows when, so it isn't a new thing..

Ehn let it continue now grin
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by bcashy: 9:32am On Nov 22, 2016
Emassive:
He won't be president when there is no funds to run the nation anymore and by then he will desert your region too and run back to Guru chewing mode and cattle herding.

Dey there dey deceive urself ooooooo, na wetin dem dey take console u be DAT abi? E go soon clear for ur eyes ......lolzz

2 Likes

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Nobody: 9:39am On Nov 22, 2016
rusher14:


Oil companies worldwide have downsized due to the falling

swipe their cards to import vain and yet quite expensive products such as Brazilian hair yet...

dedicated to speculation of the dollar and worse, How to start your Import business not export yet we ask why we have such a poor economy.

The government cannot handle business whatever form of government ...... work of the citizens of the nation


Really?

So apparently Nigeria is in recession because our girls import brazilian hair?

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by rusher14: 9:40am On Nov 22, 2016
Axon:



Really?

So apparently Nigeria is in recession because our girls import brazilian hair?

This is probably beyond your pay grade ask the most educated in your household to explain my message.

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Fkforyou(m): 9:43am On Nov 22, 2016
We are sinking further deep into recession and yet he is busy traveling up and down as if it's not his concern....vex just dey catch me self.

Come 2019 I'm going to vote anyone else other than this....this..(I don't know what to call him self)....so long as the candidadte is an economist even if he/she is in Kuli Kuli party.
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Nobody: 9:47am On Nov 22, 2016
rusher14:


This is probably beyond your pay grade ask the most educated in your household to explain my message.


Huh... puhleaze

I am not going to draw swords with you this morning. If you really want to know who you are talking to... read my other posts on NL

I have more info in my little finger than your entire generation can have

Don't worry... am not going dignify you with a reply now. Go and immerse yourself in your football betting threads.... this is an adult thread here


Apparently. ...

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by obailala(m): 9:49am On Nov 22, 2016
Paperwhite:
It will only gets more worse as long as the grossly incompetent roundly certified illiterate remains the president. undecided
The only reason your statement holds true is because people like yourself who dont give a damn if your relations die of hunger, are destroying the country's only source of income as a way of fighting 1 man.

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by rusher14: 9:51am On Nov 22, 2016
Axon:



Huh... puhleaze

I am not going to draw swords with you this morning. If you really want to know who you are talking to... read my other posts on NL

I have more info in my little finger than your entire generation can have

Don't worry... am not going to reply you now. A bit buzy

As it suits you kiddo.

My statement is clear for a clear conscience. The devil on the other hand always asks for more.

On your bike.
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by obailala(m): 9:57am On Nov 22, 2016
Axon:
Bottomline

1. The failure of the FG to manage the ND crisis like reasonable adults was the main reason for the reccession.

[s]2. Manufacturing drop was caused by useless forex policies.

3. More Job losses, less trade, less investment and banking slump were caused by TSA and drop in investors confidence


4. Most of this drop were not caused just by oil price or pdp but in the clueless response of this government to issues. All the sectors growth rates dropped compared to last year when Gejs policies where still in place... except Agriculture which is still much below the peak levels obtained during GEJ at 2014


Conclusion, buhari ignited the fire by pushing ND aside when he entered office. Looking for militants to prosecute and marginalising south south because he won Gej

When reasonable people were warning here on NL about bubu clueless approach at handling the NDA, zombies were defending their superman's ability to single handedly protect miles of pipelines.

Even now they are still encouraging him to do what he has failed to do before[/s]

The only thing Bubu has done wrong is his handling of the ND crisis. Dem no dey use hammer kill fly wey perch for scrotum... The effects of the uncontrollable drop in oil prices should have balanced out by now but the severely reduced production due to vandalism is the the next big source of the forex scarcity presently. The forex scarcity in turn, is the cause of all those other flip flops you mentioned.

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by IVORY2009(m): 10:15am On Nov 22, 2016
[s]
SillyMods:

There are plenty of positives here. The agric and other non-oil sectors have started yielding positive result.




Let Niger Delta continue with their bombings. We're in it together.

If anything, the region suffers most than any other part of the country.

It's not a rocket science and there is the common saying that "he who fetches firewood infected with ants invites lizards to his house".

The same way that the North East suffers the worst consequences of its support & harboring for Boko Haram is the same way the Niger Delta will suffer the worst consequences for the militancy. Already their governors are crying they're most affected by the bombings of oil facilities; such cries will increase by the time they can't even pay a dime any more.

No need to preach to a young man not to court leprosy if he's prepared and determined to live alone in the forgotten forest.
[/s]

stup.id post!!!

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by SillyMods: 10:23am On Nov 22, 2016
IVORY2009:
[s][/s]

stup.id post!!!
Lalasticlala Mynd44, na like this e dey start o. grin
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by IVORY2009(m): 10:47am On Nov 22, 2016
SillyMods:

Lalasticlala Mynd44, na like this e dey start o. grin

Until you change ur user handle, no mod would take u serious, how can u be insulting the mod of this great forum with ur user handle? And u hv the audacity to call for help frm same MOD? shocked shocked

Something is not right!!

1 Like

Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by SillyMods: 10:51am On Nov 22, 2016
IVORY2009:


Until you change ur user handle, no mod would take u serious, how can u be insulting the mod of this great forum with ur user handle? And u hv the audacity to call for help frm same MOD? shocked shocked

Something is right!!
But some of them are guilty as charged na. Besides, what's in a moniker? grin
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by SillyMods: 10:51am On Nov 22, 2016
IVORY2009:


Until you change ur user handle, no mod would take u serious, how can u be insulting the mod of this great forum with ur user handle? And u hv the audacity to call for help frm same MOD? shocked shocked

Something is right!!
But some of them are guilty as charged na. Besides, what's in a moniker?
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by IVORY2009(m): 10:55am On Nov 22, 2016
SillyMods:

But some of them are guilty as charged na. Besides, what's in a moniker?


Pls take a look @ ur moniker again, even if u're angry with the mod for banning ur alternate moniker, u should not tour this way! shocked
Re: Recession Worsens On Niger Delta Crisis, Despite Agric Rebounds - Thisdaylive by Nobody: 11:12am On Nov 22, 2016
obailala:
The only thing Bubu has done wrong is his handling of the ND crisis. Dem no dey use hammer kill fly wey perch for scrotum... The effects of the uncontrollable drop in oil prices should have balanced out by now but the severely reduced production due to vandalism is the the next big source of the forex scarcity presently. The forex scarcity in turn, is the cause of all those other flip flops you mentioned.


Nigeria oil production dropped below 500kbpd under Obj... but we were not in a "stagflation"... what's your excuse then?

Nigeria gdp is only 10% oil derived... if buhari's handling of other areas is good why is manufacturing and other sectors shutting down?

Under Obj foreign investors were buying over nigerian banks and new players came in. Aouth african banks came in. Insurance companies proliferated and healthcare providers began springing up. Even property investors have been trooping in. Lagos began to see massive growth during this time.

Most investors are looking at Nigeria's ratings from IMF and moody which is below average for countries Nigeria's size. Do you think these statistics are just figures Millions of lives and thousands of jobs depends on these statistics to turn good or else some people somewhere will shutdown operations and decide to move out




Even if we were to assme oil is the sole cause of the all the problems including TSA, de marketing of the country internationally, forex chokehold and the extreme anti-diversification drive of buhari (a president whose focus is drilling more wells in a chad basin left dormant for years in the middle of a global oil oversupply) .... then it means it is pure foolishness to be fighting vandals instead of quietly appeasing them when he knows they are the lifeline between surviving the storms or crashing the entire system totally


The forex scarcity is not solely caused by oil price drop. Investors pulled out several billions of dollars because of ZERO CONFIDENCE IN BUHARI'S ABILITY TO HANDLE THE CRISIS and not the lack of capital.

The investment was not only in the oil industry. Even telecoms and financial markets saw huge losses because the mumu in charge kept telling everyone the situation is hopeless and went further to proof his foolishness by implementing radical forex policies that has not been seen anywhere else the world in a while. HOW CAN A GOVERNMENT FREEZE MOVEMENT OF CAPITAL by foreigners and still expect them to come back or remain when he started releasing the BAN? In less than 5 months the amount of bans and unbans created a huge panic such that even Nigerians were stocking up forex!!!!! If that doesn't crumble investor confidence nothing else will

The effect of buhari's actions have not even started showing. Very few foreigners will come again to this country and invest without having a backup plan on how to repatriate their forex... They are wary of which dracomian policy he might come up tomorrow. I pity this generation. Unless we elect a totally different government whose policies is going to be totally opposite to buhari, we might not see them back again. Right now CBN wants to use pass a law allowing arrest of forex hoarders.

I pity you if at this age you are still letting yourself be fooled in spite of the reaiity on ground

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