₦airaland Forum

WriiterNg:
⚡Estonian Interior Minister Läänemets has threatened to close Orthodox monasteries that refuse to renounce their allegiance to the Russian Orthodox Church.

He also recently proposed that the Estonian parliament recognise the Moscow Patriarchate as a terrorist organisation.

Something is obviously wrong with this person.

emmaodet:
So also, war and selling weapons have always been ways US prop up her economy by trying to balance her trade deficit.
In the absence of war and weapons to sell, the lifestyle of the US, the hourly pay of workers and so many more is not sustainable and they will always have a huge trade deficit with other manufacturing countries.
So to balance the trade, they have to create wars and supply if possible both sides weapons, give aids etc and all these money are -
1. Not leaving the shores of US. It will reflect in their trade balance that they used those money to produce weapons and aids supplied to the fighting parties thereby allowing them to write off some deficits.
2. The supplied parties eg. Ukraine after the war would have to pay back for yearssssssss a money she actually not received, rather an over priced weapon she now needs to start paying back with physical resources like oil, grains, uraniums etc.
3. Most destroyed areas would be reconstructed by American companies and allies thereby keeping their companies afloat and in jobs, creating jobs for their citizens as expats, and getting returns as tax and capital flight or return back to US.
4. The weapons sold are over bloated in price.
You are receiving a weapon that shouldn't cost more than 5,000 but been given at 100,000 to pay back with your sweat and generations for years, if possible use it as a medium of holding your country in hostage and forcefully changing your country's laws to abide and favour US.
It is a very big industry for US with a well tested cash generating system year in, year out.
Zelensky is putting the unborn Ukrainians in chains that will take forever for them to come out from.
The US is not stupid picking him as a president.
It is a calculated and we'll spent money.
They have checked the profiles of people that possibly fits that plan and zelensky a comedian actually fits it perfectly and doing a very nice job.
And they already have so many countries lined up to sustain their economy for years to come.
If Ukraine/Russia war goes down, they need to activate the china/Taiwan own after.
Iran/Isreal own as also been primed down. When they are ready, they can always activate it too and more countries are still coming into the plan.
They won't stop, it is not possible for them

Until the great reset.

Your importance is linked to what people can extract from you.

lanre316:
The solution is simple, IMHO. Apply for another citizenship/dual citizenship. Most nations are sympathetic to Ukrainians currently.

True but none of the NATO members is going to grant any citizenship to Ukrainians.

To the last Ukrainian!

WriiterNg:
⚡The Ministry of Foreign Affairs of Ukraine has prohibited all consular activities abroad for men of military age, from 18 to 60 years old.

Beginning on April 24, the only documents that can be processed are for returning to Ukraine.

Come and die or remain an illegal abroad

WriiterNg:
⚡2 Helicopters with the Royal Malaysian Navy collided earlier today over the Town of Lumut during a Rehearsal for Annual Naval Parade resulting in the Death of all 10 of the Crewmembers.

The Helicopters, a AgustaWestland AW139HOM (M503-3) and a AS550 Fennec (M502-6) both Crashed near a Running Track Stadium in the City, with them being 2 of the only 15 Helicopters that are Operated by the Royal Malaysian Navy

Were they both drunk or have sight issues?

lanre316:
No further arguments, your honor.

BTW, I have a Vietnamese friend living in Vietnam. A talented coder.

And I have seen videos, documentaries from people inside North Korea and also from Visitors.

The same country the Western media told us no visitors are allowed in nor allowed to film/video

Thanks to independent social media platforms like Tiktok, the world now know better.

ivandragon:
And what about the minimum wage from that same 2015-2018? Was it not way own the current minimum wage?

Why don't you do your own yearly analysis?

Again, I don't need to do mine to point out inaccuracies.

You know what I'm getting at

Have a nice day

Kcxee:
Is this still available

Nope SOLD

lanre316:
This is not propaganda. How do I know? We are in the age of social media. This is 2024. Western propaganda has limits now.

The North Koreans living in North Korea should have come online as independent individual voice to prove the "Western propaganda" wrong, like other nationalities are doing all over the world or have you ever come across any? I haven't.

If words can lie, pictures cannot lie. See North Korea in terms of night lights compared to her neighbors Russia and South Korea

How many times have you freely interacted with people from Kazakhstan, Mongolia, Chechen, Vietnam etc since you think internet interaction is now a yardstick?

NK is better than Nigeria in power generation.

Even in societal organisation, they are too.

It wasn't of recent before we started seeing more of China, they were also hidden away from the Western world.

I'm sure this is what NK is also doing albeit not as rich as China to make haste.

ivandragon:
You can do your own analysis.

The result would be similar as it would show a significant upward trajectory between 1999-2014 and a significant decline from 2016 to date.

I just did. How much were we buying fuel in 2007-2010 compared to 2011-2014?

Anything similar in price to have grouped them together?

We know the price of fuel in 2015-2018 is way off the current price, yet you grouped them together.

You want more examples?

How much was rice in 2015-2019, 2019 and 2023 compared to now?

lanre316:
We don't have much, but we Nigerians have some things North Koreans don't.
1. Ability to leave and enter your country at will.
2. Internet to communicate with Non-Nigerians anywhere in the world.
3. Ability to conduct online business with whoever from anywhere in the world.
4. You can determine your future. As bad as our economy is, many smart youths are taking advantage of IT, freelancing, E-commerce, content creation, agribusiness value chain businesses and other business to find success instead of bitching about the government. North Koreans don't have that luxury.
5. We can criticise our government with zero consequences
6. We can choose to be an ingrate for the freedom we enjoy and insult our motherland - Dem no born any single North Korean living in North Korea to do that.

No 5 get comma but the rest are on point.

Though I also don't believe NK is as bad as the Western media paints them to be.

Don't forget that the same western media said Africans live on trees and huts for tens of years until of recent when social media started debunking these lies.

OkpaNsukkaisBae:
US version of Ikeja under bridge

Which Ikeja Under bridge?

Nothing of such again.

Ikeja under bridge is better than this place.

ivandragon:
To show growth/deterioration of the common man's purchasing power viz-a-viz the minimum wage changes.

.
It's an unfair act. 2015-2019 was relatively better than 2019-2013, and so far so good, both of the above better than 2023 to present.

Secondly, there has been a huge difference between 2015 and 2023.

Lastly, foodstuffs and consumer goods pre-2023 are well off compared to post 2023.

So grouping them together is unfair practice since you seperated 2007-2010 from 2011-2014. (Huge growth/deterioration can be pointed out here too vis-a-vis purchasing power and minimum wage)

ivandragon:
Outside all the grammar, below clearly shows how bad things have become for the common man...

Putting the dire economic situation of Nigeria in perspective.


Year 1990-1998
Av. Minimum wage (MW) N300

Item price
1. Rice N1000
3+ months salary to buy 1 bag

2. Beans N1500 5 months salary to buy 1 bag

3. Cooking gas NA No reliable records

4. Flour N190 1 month salary gets 1+ bag

5. PMS N11 1 month salary gets 27l

6. Diesel N12 1 month salary gets 25l

7. Cement N120 1 month salary = 2 bags+

8. Basket of tomatoes N200 1 month salary =1+ basket

9. Beef N50 1 month salary = 6kg
Year 1999-2010
Av. Minimum wage (MW) N7000

Item price qty of MW
1. Rice N6000 1month salary = 1+ bag

2. Beans N7000 1month salary to buy 1 bag

3. Cooking gas N200 1 month salary = 35kg

4. Flour N4500 1 month salary gets 1+ bag

5. PMS N65 1 month salary gets 107ltrs

6. Diesel N150 1 month salary gets 46ltrs

7. Cement N1500 1 month salary = 4+ bags

8. Basket of tomatoes N2500 1 month salary =2+ baskets

9. Beef 250 1 month salary= 28kg


Year 2011-2014
Av. Minimum wage (MW) N18000

Item price qty of MW
1. Rice N8000 1 month salary to buy 2+bags

2. Beans N15000 1month salary to buy 1+ bag

3. Cooking gas N400 1 month salary = 45kg

4. Flour N6000 1 month salary gets 3 bags

5. PMS N90 1 month salary gets 200ltrs

6. Diesel N300 1 month salary gets 60ltrs

7. Cement N200 1 month salary = 9 bags

8. Basket of tomatoes N7500 1 month salary =2+ baskets

9. Beef 500 1 month salary = 36kg


Year 2015 to date
Av. Minimum wage (MW) N30,000

Item price qty of MW
1. Rice N70000 2+ months salary to buy 1 bag

2. Beans N100000 3+ months salary to buy 1 bag

3. Cooking gas N1300 1 month salary = 23kg

4. Flour N60000 2+ months salary gets 1bag

5. PMS N600 1 month salary gets 50ltrs

6. Diesel N1300 1 month salary gets 23ltrs

7. Cement N10000 1 month salary = 3 bags

8. Basket of tomatoes N58000 2 months salary =1+ basket

9. Beef N5000 1 month salary = 6kg

Why group 2015 down to 2024?

Why did you seperate 2011-2014 from 1999-2011?

soqmeov:
🇫🇷🇷🇺🇺🇦Eric Denecke, director of the French Center for Intelligence Studies:

I think we are not sufficiently aware of Russia's restraint in this conflict. In two years, the number of civilian casualties - about 30,000 - is comparable to the number of civilian casualties in four or five months of the Israeli operation in the Gaza Strip.
At the same time, the number of military casualties on both sides is high. But it shows well that Russia took into account from the very beginning that in the regions it wanted to liberate, the goal was to annex them to Russia. That is, it was not a matter of blind slaughter. Russia's policy in the north did not last that long, because after a month and a half the Russian army retreated from Kiev.
The retreat was also not accompanied by carpet bombing and destruction of everything where it took place. We must remember this. Despite the indiscriminate and targeted attacks by some Ukrainian units on cities like Belgorod or high-rise buildings in Moscow, there has not been the same response from Russia. Its strikes are always targeted: at power stations, command posts, railroad hubs. We are forced to note a certain restraint in it.

Join Slavyangrad chat. Your opinion matters.
https:///+U_EDAcaO-HFjNzEx

@Slavyangrad

Some still see and can be objective.

Paraman:
I thought 25kg of rice is also a full bag

No

Kyng1:
I searched herpes symptoms but it doesn't really look like it, besides I have already gotten herpes some couple of years ago, so I don't think I can get it again.


I will be brutally honest, I get 4 olosho when I dey Bleep skin to skin for ashawo house, but I two dun run test for me sha, hiv and hepatitis test which came out negative, they did the test last year August. So remaining two when I go beg to run test, so that I go get full rest of mind, if I dey Bleep.


I dey fear like this self make my wife nor go catch this thing when I catch so, because she dey pregnant and he fit go affect the pikin.

Married man with a pregnant wife yet have 4 prostitutes he sleeps with raw?

Some men and irresponsible........

I hope you don't end up putting your innocent wife in danger!

yommen:
Naira was projected to hit N2,000/$ but it turned around appreciated by nothing less than N700. So, the negative prediction doesn't have to happen.

But Naira hit ₦1900+ before the government decided to resume defending the naira with our foreign reserve.

Paraman:
I bought 12.5kg for 35k during the weekend. A full bag was sold for 70k.

How can 12.5kg of rice be ₦35k and full bag ₦70k?

A full bag is 50kg, that's ₦140k if 12.5kg was bought by you for ₦35k.

Noblechykk:
Your brain needs rehabilitation

Empty container forming 'educated'

OfoIgbo:
Nwokem, crude price was only at the low 20s in April 2020, and rose rapidly from May 2020 to $43.23 per barrel and kept rising.
But you also must factor in that around the time of the Covid19 lockdown, all the petrol stations were shut down and people were encouraged to stay indoors. This meant that Buhari's government must have saved more than 90% of fuel subsidy around this period, and the lockdown carried on for many weeks, and even after that, there was a drastic reduction in traffic for many months.
All through GEJ's tenure, he paid huge sums for the petrol subsidy, unlike Buhari that had a break of nearly a year, as the lockdown ensured he didn't have to pay a lot on fuel subsidy as cars were not encouraged to be on the streets.
So I can comfortably write that the crude price and fuel subsidy factor were cancelling each other out. Buhari has no reason to leave a healthy economy comatose. Let us also bear in mind that Buhari borrowed way more money that GEJ, so what did he do with his own borrowings.

Also don't forget that Buhari's economy was already performing worse than Jonathan's
GEJ was in complete power for just 5 years, so I can comfortably say that six years before Buhari came in, the price of crude was comparable to the Buhari era price of crude, yet Buhari was performing woefully compared with Yaradua.

You wrote about the fact that standard of living has changed. It is the job of governments to put in policies to improve the standard of living of the people. Buhari also promised that he would improve the people's standard of living if he gets elected. On getting in, he destroyed the people's standard of living, so there is no valid excuse for Buhari to go relying on the disparity between the standard of living during OBJ, Yaradua, GEJ period, after all his government was responsible for making the standard of living of Nigerians worse. It is another failure that his government was responsible for. He can't use it as an excuse, to avoid being properly judged by the people.

When I get to a stable place where I can comfortably respond, I will. You can see that I made alot of typos because I'm not comfortable here.

I pray to remember this discussion so we can continue.

Nice conversing so far.

maasoap:
No. Just that you Nigerians are something else, you lack patriotism and that's why you invited foreigners to help you plummet your economy.

If you are truly patriotic, you won't be making a case for our leaders because they're the most unpatriotic of them all.

maasoap:
You see, that's the problem with many of you, you don't know how to separate issues. Speaking against the masses who lack sense of patriotism based on your question automatically means I was defending the goverment officials. May be you would like to absolve the ordinary citizens from any wrong doings or manipulation

Answer my questions.

An unpatriotic government have no moral right to expect patriotism from the followers.

You're killing the economy and the country, but want the citizens to take the fall for it.

How una dey even reason self?

You say make I buy Nigerian made but you're busy patronising foreign goods as leaders, does this make sense to you?

I guess Tinubu learnt from what Buhari faced

Buhari was busy completing so many abandoned projects while starting and finishing only few only for some Nigerians to be saying "Jonathan did this or that", "Yar'Adua did this or that".

Whoever completes a job should take the glory.

Once politicians know this, they would stop all these elephant projects they love to start

OfoIgbo:
GEJ's government did earn the right to borrow after all he made the Nigerian economy the largest in Africa.

And btw, according to the link which I have pasted, the price of crude oil was noticeably higher during Buhari's term than during OBJ and Yaradua's term. Yet those two presidents outdid every APC president and they both were paying subsidies on fuel and electricity.

You also claimed that the price of oil during GEJ's period was outrageously pricier than during Buhari and Tinubu's government. The graph in the link doesn't support this your assertion. Oil price took a nosedive during the commencement of the Corona epidemic in April, but by May the price of oil had already started rising steeply.

Let us also not loose focus on the fact that the Nigerian economy was performing woefully even before the covid19 epidemic, so Buhari and Tinubu have no excuses.

https://www.macrotrends.net/1369/crude-oil-price-history-chart

First, you err by comparing crude oil price of that of Obj and Yar'Adua with that of Buhari. You cant go that far because it wouldn't make a balance of judgement due to the fact that standard of living in both eras are far apart and that there are governments in between both.

You can only compare the precedessor and the successor for a more factual comparison.

How much was crude oil under Abacha (A man sanctioned to death by the west) and also Abdulsalam compared to that of Obj? (Only added the latter because he was a bridge between military and civilian govt)

Now how much was crude oil under ObJ and Yaradua?

It was said that Yaradua outperformed OBJ in just 2yrs+ and would have made a huge difference if not for death



Did crude sell higher under OBJ than the 2 or not?

Now to Jonathan making Nigeria the biggest economy in Africa, it was all but beans cooking, this was later exposed after the rots going underneath got exposed. You can't be the biggest economy in Africa early 100% surplus of your budgeted earnings and still end up borrowing to pay salaries a year before the end of your tenure. What happened to the 100% surplus earnings?

Jonathan paid subsidy on fuel and electricity just as Buhari, Yar'Adua and OBJ, it's only Tinubu that's acting abnormal and turning Nigerian lives upside down.

So Jonathan didn't do anything magical in that aspect.

Are you really saying crude didn't sell under Jonathan above $100 per barrel for a long time?

How can you claim just by using one link that Buhari and Jonathan sold crude at similar rates when it's not a news that it sold for $110 for a while compared to like $60 that was in the budget vs selling for as low as $25 under Buhari compared to $50-$60 on budget?

Please, lets not argue for argument sake. I would have posted links to backup the above but I'm where my internet isn't opening images fast enough.

You can help check these assertion or wait till I can do so later.

I'm not holding brief for any of these leaders, just letting us know that Jonathan was never good if compared to Yar'Adua his precedessor because he didnt fact any political, economic or global pandemic issues.

It's so sad that we are buying man hour time discussing these failures called leaders.

harjay1986:
Not like that sir from 11pm on Sunday Night international trade has started to operate, some bank begin remittance from that time

No point arguing sir.

Official window starts on Monday.

That some have started operating around 11pm Sunday Night doesnt mean what I said is invalid.

Some can't overrule most/all

Since you're a layman, let me explain.

During weekends, naira to dollar rate often drop for no reason until like 8-10am on Monday.

Take only weekdays rate serious.

OfoIgbo:
But GEJ was paying fuel subsidy and electricity subsidy, amounting to huge amounts of money every month.

Also the graph will show that Nigeria's economy was already nosediving before the pandemic in 2020, so no excuse for both Buhari and Tinubu.
Since 1999, GEJ is the best president on the Nigerian economy scales. The graph proves it.

Statistics don't lie

Towards the end of Jonathan's tenure, Okonjo came to tell the world that Jonathan govt was borrowing to pay salaries. (Verify this online)
This is a govt that enjoyed a doubled crude oil prices for years.

Other abnormalities happened under him, they're all documented.

Don't forget that Buhari also paid subsidy on fuel and electricity even though he didnt earn up to 1/3 of what Jonathan earned crude oil wise.

Abnormalities happened under Buhari too but It's this Tinubu thats the worst so far.

Everything happening to Nigeria now was caused by his utterances and policies. Nothing else.

For any serious government out there...

If you believe there are online platforms "speculating" your currency, why not allow your local banks to handle the issue of online payment by letting local bank cards work at the official or black market rate so that no one would have any reason to go online searching for digital currencies platforms?

In this same Nigeria, just few months ago, banks were charging more than ₦100 in difference to make online payment compared to what CBN said the rate was, why weren't the banks closed down?

Banks like UBA, GTB, Access bank and the likes were charging almost ₦200 difference until the cards stopped working.

Shouldn't EFCC, ICPC, CBN regulate the banks while ensuring Nigerians can make online payments using their local cards at official CBN or even black market rate?

We love to chase shadows and there are too many fools who are hell bent in defending these government officials that love to ignore the problems only to start going after the symptoms.

RenaissanceGuy:
Why not check it out yourself and then use it to buttress your point if you're so sure your defense is valid?? Or CBN.gov.ng and Abokifx.com are not working on your phone??

I should help you defend your own assertion?

RenaissanceGuy:
Stop calling fact "speculation". On Aboki FX, it says CBN's rate is 1161 while your Bybit says 1231. Is that not a huge N70 difference?? Or are you saying N70 difference is a small amount??

You're now quoting the same Aboki FX govt said is manipulating naira rate?

Are you serious?

On forbes website ₦1,297.

What happened to CBN official website rate and the official parallel market website called the IAI?





You're time waster.