₦airaland Forum

phemmyutd:
People supporting Fayose need to check their brain. What call for this Fayose comment on DSS? absolutely nothing

Was there any operation of DSS in ekiti state of recent?
This man is just saying rubbish for talking sake

kullozone:
Yes sir. I'll do just that.

slimthugchimee:
Habitual smokers
Bet9ja boys
Bleep boys

misspicy:
So I missed my FTC to wristbangle isn't it?....no qualms

lemme add mine


poor/broke/hustling guy

This set of guys find it very difficult to woo classy/rich ladies,most of them feel inferior to their rich counterparts, and have to go for low class girls like Iya Basira elewa firstborn,who is sure not gonna give them a tough time when the issue of spending arise.

Well there is hope for them already,its called PACKAGING trust me,most girls do not easily recognise a packaged guy until after they fall in love with them

to know the meaning of packaging,consult www.naijaguyspackage.com

Kustin:
I beg tosney2much, why is it that all ur post is always 10 . Mr ten things

kullozone:
Haba! That one na jus happiness sir. It's a blessing to some of us oh.

kullozone:
Hehe! Sorry sir, me dey hear word oh

kullozone:
Truth be told. As a guy, there are ways a lady would dress and I'll be like 'wow' look at that a$$/boobs. Would probably stare for few seconds before going about my business. A serial rapist wouldn't walk away... He might walk away, depending on the environment but the fact is once he sees such girls, the idea of rape pops and he acts on it or start planning on how to carry out the act immediately.


That been said, a rapist is a rapist. He would rape in any condition. Decent or indecent dressing.

sinaj:
Who knows how many he has raped b4




Rape has nothing to do with dressing, Itz just a sickness that needs to be treated.

adeaks:
DSS sef don join the league of abductors.

Its like abduction is the in-thing now in this country. As some people are abducting young Christian teenagers and converting them to Islam, DSS too is abducting politicians.

Now what will the DSS convert these polithiefcians into?

meezynetwork:
That's are lies. A middle income earners like the oruru can't afford to have a house help.
It's even rare to see hausa house help, instead u see hausa security man which the oruru's family can't afford to have.

meezynetwork:
That's are lies. A middle income earners like the oruru can't afford to have a house help.
It's even rare to see hausa house help, instead u see hausa security man which the oruru's family can't afford to have.

ionsman:
Fayose is the most foolish governor in Nigeria and that's a fact.

eseosa77:
You are a political novice.How can you just conclude like that.Let me take you back to the last house of assembly election held last year.the same Edo central you are talking about was dominated by APC .Come to Edo south PDP has no single seat in the house of Assembly not to talk of Edo,North.Oshiomhole has made his mark in Edo state whether you like it or not.The people of Edo state have light in his reign in office compare to what was obtain during Lucky ingbinedion.For it's easier for the camel to pass through the eye of the needle than for PDP to win Edo state.Stop day dreaming my broda.

sapiosexual1:
It's gonna be a serious cult war : Oshiomole vs Osunbor vs Igbinedion +/- Anenih. If ur conversant with Edo politics, you would easily come to terms.

tayebest:
Metuh i like your style! He is using all means to work with Fg and send Otueke tapper to jail

Bevista:
Ordinarily, I should not comment on this thread since Ubah has not mentioned how he would go about it. However, for the benefit of those who might get swayed by his cheap claims, I'll say something.
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The exchange rate (PRICE of dollars) is determined primarily by SUPPLY of dollars (through exports, FDIs, foreign borrowing, etc) and DEMAND for dollars (through imports, payments of foreign school fees/medical bills, online purchases, etc). The NET flow of these transactions determine the Balance of Payments (BOP) account with the Central Bank. Elementary economics tells us that when demand exceeds supply, prices go up!
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Coming back to Nigeria, it is well known that oil accounts for 95% of our FX earnings. As oil prices have collapsed from ~$100 in 2014 to ~$30, our supply of dollars has dropped tremendously. This is even worse when one considers that our cost of oil production is ~$20/bbl, meaning that our dollar revenue from oil has dropped from ~$80/bbl to ~$10/bbl. On the demand side, the request for imports are increasing. With such supply shock and increasing demand, there is only one way for the exchange rate to go. This is basic economics and has nothing to do with Emefiele or Buhari, except you are simply being mischievous or grossly ignorant.
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When oil collapsed from around $147 to $38 due to the 2008 Global Financial Crisis (GFC), Nigeria had a Foreign Reserve of ~$62bn. The then CBN Governor had to spend ~$20bn from the Reserves to meet import demand thereby preventing devaluation/depreciation. Between 2011 & 2014, oil price was above $100, meaning that the administration never had a dollar supply problem and so could maintain a stable exchange rate. Fast forward to late 2014 when oil prices slid to ~$60, the CBN had to devalue the Naira twice within a period of 6 months (Nov 2014 & Feb 2015) because the Reserves were too low (<$35bn) to deplete to support imports. Now in 2016, oil prices are around $30/bbl while FX Reserves is less than $28bn. The supply shock has reached unprecedented levels, yet demand for imports has not decreased. There is absolutely no way that the exchange rate can stay below N250/$. Simple economics says that price will continue to move till a new equilibrium is reached where demand equates supply.
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There is no policy from Emefiele, Soludo, Greenspan, Bernanke or any other Central Bank governor that can strengthen the Naira in the near term. Except we want to completely deplete the Reserves or go to the IMF to borrow SDRs just to meet import demands. Brace up folks, if oil price collapses to $20 (thereby increasing the supply shock) the exchange rate shall hit N1000/$ and I repeat, this has nothing to do with Emefiele or Buhari but simply economic forces. The only thing that can save the Naira is either for SUPPLY of dollars to increase (through high oil price) or DEMAND to reduce. Since we do not have control over the supply side, we can at least focus on managing the demand side.
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So Mr Ifeanyi Ubah, you have zero knowledge on what you are talking about. With all the money you made from the last government, you can start by building a refinery or some other manufacturing facility (like Dangote) to help us substitute for imports. That would help the Naira more than you seeking cheap consultancy from the government. Or except you want to broker a deal for the government to give amnesty to your Dasuki-Gate friends, so they can bring out stashed up dollars from soakaways and graveyards to support the economy.

DeadWrong:
This guy is so jobless. He's always gracing every inconsequential occasion when he should be delivering the dividend of good governance to his stomach infrastructure citizens. Anyway. their headaches.

DankemzI:


Bia bia bia..... Can a governor say this? O shit Ekiti is in trouble.... If a governor is reforesting a state and calls it development