₦airaland Forum

ianq:
No, son. I do not 'think'. Rather,it's a law of the universe. Physics demands it. If you have overcome these 2 most challenging obstacles(true financial independence while not sacrificing good health), then if u seek d love and faithfulness of a good woman, you most assuredly will find it in good measure...no word?

ianq:
My son. I feel u. However, be not dismayed. Make money and be extremely wealthy and healthy. If u already have, then set about love with your heart and mind; u would be pleasantly surprised at the wonderful, beautiful, true and faithful options that fill ur cup to overflowing. Word?

You Really Think Been Wealthy And Healthy As You Said Will Guarantee One Finding True Love

asumo12:
Noted!


But this got me

Iyabo Taiwo, a doctoral degree holder, indicated that heavy presence of metals, namely, manganese, iron, copper, zinc and lead in the Lagoon have contaminated the muscles and bones of the fish, making them unsafe for human consumption.



So fish for lag don sharp so tey dem dey eat metals...






#kidding

NgeneUkwenu:
It is very obvious to an average discerning mind, that jonathan appointed a numbskull and empty brain like himself to man a very strategic economic policy making organ of the government.

Godwin Emefiele is the most incompetent CBN governor to have occupied that post!
This very man saw to the devaluation and deprectiating of the naira from 157 naira to 230 Naira to a dollar within the space of 1 year!!

This man is a disaster to the economy, I think as long as he remains there as the Governor, Nigerian should forget about the word called Change
Buhari Sack him now!



[size=15pt]The Economists Mocks Godwin Emefiele, The CBN Governor:
[/size]


THE ECONOMIST believes it's weird for Nigeria to place a forex ban on toothpick,sardines and 38 other items.


READ: CBN Stops the Sale of Forex for 40 Items [SEE LIST]

CENTRAL bankers may talk in martial terms of defending currencies against bloodthirsty speculators, but they seldom suffer wounds more grievous than a bruising of their egos. They can, however, cause untold harm to economies, as the Central Bank of Nigeria (CBN) is doing in puffing up its exchange rate.

The naira has been hit hard by a fall in the price of oil, Nigeria’s main export. The official exchange rate has slumped by almost 20% over the past year to about 196 naira per dollar. The black market rate, a more accurate gauge, is close to 230. Instead of allowing the naira to devalue, the central bank is trying to defend it by blocking imports. It has drawn up a list of disfavoured goods, and will not grant foreign exchange to import them.

Godwin Emefiele, the governor of the central bank, said he wants to conserve foreign reserves (which have fallen by about a fifth over the past year and now cover only six months of imports) and stimulate local production. “Nigeria cannot attain its true [potential] by simply importing everything,” he said.

The hit list appears to have been drawn up by someone wandering around a home and a building site and randomly pointing at items. It includes Indian incense, toothpicks and wire rods as well as more obvious luxuries such as private jets (demand for which could be slashed by simply barring government officials from flying in them). It also includes basics such as rice and tinned fish. Nigeria does not produce enough of these things to feed itself, but no matter. The nation must be shielded from foreign sardines.

Economists find the policy baffling. Central banks usually prop up their currencies if they are worried about inflation, or allow them to devalue to depress imports and stimulate exports. Nigeria, by contrast, appears to be set on achieving both an uncompetitive exchange rate and higher inflation. Whereas many investors were impressed by the previous CBN governor, Lamido Sanusi, who was sacked for exposing corruption, they fret about the harm being inflicted by the current one. Some wonder which would be worse for Nigeria: allowing him to serve the remaining four years of his term or undermining the independence of the central bank by sacking him.

Culled from The Economist

sambina:
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imhotep:
Plenty siddon-dey-look meetings

Hazkel:
Well, I'm neither silly nor feeble minded so my answer to your questions is no. Hmm the world certainly is filled with so many male chauvinists.

Hazkel:
Really? Wow! Someone just typed this. I'm certainly astounded by the mindset of some people.

Tolexander:
Nice!

#godwin#

The first day I heard the song GODWIN by Korede Bello from an Ebira friend from Kogi State, I almost died laughing.

Ebira people don't pronounce L letter in a word as l, they pronounce it as r.

The Ebira friend sang the
'You don win ELECTION'
GODWIN
as;

you don win ERECTIION
GODWIN.

I almost died, which one is win erect!on again?

notoriousbabe:
Op you have finally confirmed to me dat small boys have tooked over nairaland