₦airaland Forum

Doug07034780891:
Believe whatever that you want but I do not have anything in common with any person from Imo state and we do not marry from there as we consider it a sacrilegious..

post=49999414:
Read Ifeanyi Uba newspaper about ABC Orjiakor
http://www.authorityngr.com/2016/07/The-Authority-Icon--ABC-ORJIAKO/

The Authority Icon: ABC ORJIAKO

legendarystar:
a man without identity is like a sheep without a owner, are u Igbo or Jews you can't be two things at once except off cause you are a chameleon..... your ancestors were really confused set of fellows, you were used during the slave trade like every other African, if you think you are Jewish pack ur selves to Israel let's see how that work...
indeed some set of Igbos have proven to be brain dead like APC.

Amberon:
so i should start now...with what?

Amberon:
God bless and increase this humble man. Indeed you have not started living if you haven't done something for someone who can't repay you.

I intend to transform delta state too when I'm on Forbes rich list.

AZeD1:
Don't get me wrong, the group are a bunch of political jobbers and I don't care about them.
My own is if Buhari is impeding the work of Emefile, he should resign. It's the same advice I'd give to Kemi and I expected Kachikwu to have resigned since.

My quoting you was just too point out that the CBN plays a role in the economy (a big one at that)and I believe the CBN governor should be more powerful than the minister of finance.

AZeD1:
Actually the CBN is kind of in charge of the economy. The finance minister is in charge of the FG's finances.( The finance minister is more like an accountant to the FG.)

Monetary policy == CBN
Fiscal policy == Finance Minister.

http://keydifferences.com/difference-between-fiscal-policy-and-monetary-policy.html
https://www.federalreserve.gov/faqs/money_12855.htm
http://www.economicshelp.org/blog/1850/economics/difference-between-monetary-and-fiscal-policy/

Justiceleague1:
ehhn! Co-ordinate his ARGUMENT kwa!!!! HABA!!!



thunda faya that apc basket mouth there...

Vatsyayana:
Lol...
I'm also watching it and the Afonja is really sweating it out for PMB...
Don't worry h'll soon apologize to Nigerians!
And also he keeps saying everywhere is now a construction site!
Please if your area is now a construction site 'like' if not abeg share!

managermahmud:
The E-gbos been efingg up since 1966. Why new York? Why not Nigeria?? Thought igbo originated in Nigeria

AlphaCentauri:
thats very honorable. however in 1929 we would not let our women fight in wars or riot. thats the job of the oduduwa men. we are warriors bro. women dont fight our battles

AlphaCentauri:
yoruba women in 1920s. 1928 to be exact

www.nairaland.com/attachments/2022119_15338174637970703929532107524033n_jpeg798897f4566fa6573ec4759d7c6e3d51

obaaderemi:
Adesoji aderemi became the king of ile ife in 1930 and before then his car was a rolls royce phantom.who ever posted this picture of naked men and women is a joker

Eshinkan:
If not for the Europeans....the iboes would have still been in their bushes....boiling humans for meat...

Suprnov3r:
So your brilliant comeback is to evoke the chinese slowdown as a way to validate buharis senile forex controls?

Puhleez, try harder. China and Nigeria are not in the same page. I brought china only to show that whatever buhari had in mind to achieve was dead on arrival. It is an archaic system that doesn't work. The chinese control theirs but with a system that is totally unworkable here. Let's not make this about China


What did he gain by doing that?... nothing. Naira still slumped afterwards as you pointed out. All the dollars were pulled out immediately he relaxed it


What did we loose by doing that?... investor confidence, everyone rushed out even those that were not directly hit by oil price slumps. The lack of investment has pushed more pressure on the naira dragging it down to were we are today


Bottomline is that China owns the largest portion of US govt bonds outside of the US. Nigeria has no basis trying what buhari attempted. Only a foolish man will go to a gun fight with a knife.

Everyone including IMF adviced against that move. Moody downgraded Nigeria. The world bank and all thinktanks around the world cannot be all wrong.Your hero obviously is a stubborn man and his stubbornness is costing millions of people their livelihood. It is foolishness to edge him on



Your assertions begs for a reply.

The MPR is usually raised to match the inflation rate. This is done so as to ensure their is sufficient funds in the banks to forestall banks crashing if people panic and mass withdraw, hence it is a precautionary move.

The problem is that the govt is directly driving the inflation through tighter controls on every sector at the same time. They cannot be closing borders, tightening forex, banning imports at the same time increasing taxes and deploying TSA. The cumulative effect is CAUSING a STAGFLATION

They are abusing the economy. It's like beating a child over and over again with different policies and expecting the child not to cry. Inflation is the natural tendency of such a battered economy. To make matters worse they are now increasing MPR to protect banks from a liquidity crisis. The only cure for this inflation is to allow the banks give out more money by reducing the MPR for investments to flow but they are doing the reverse.

In fact, I give kudos to Nigerians for being too patient.and resilient. Countries like Greece didn't see these kind of wahala before they screamed for bailouts.

It is all good sha. I don tire to type. Whatever they do we are all in it together

Suprnov3r:
So your brilliant comeback is to evoke the chinese slowdown as a way to validate buharis senile forex controls?

Puhleez, try harder. China and Nigeria are not in the same page. I brought china only to show that whatever buhari had in mind to achieve was dead on arrival. It is an archaic system that doesn't work. The chinese control theirs but with a system that is totally unworkable here. Let's not make this about China


What did he gain by doing that?... nothing. Naira still slumped afterwards as you pointed out. All the dollars were pulled out immediately he relaxed it


What did we loose by doing that?... investor confidence, everyone rushed out even those that were not directly hit by oil price slumps. The lack of investment has pushed more pressure on the naira dragging it down to were we are today


Bottomline is that China owns the largest portion of US govt bonds outside of the US. Nigeria has no basis trying what buhari attempted. Only a foolish man will go to a gun fight with a knife.

Everyone including IMF adviced against that move. Moody downgraded Nigeria. The world bank and all thinktanks around the world cannot be all wrong.Your hero obviously is a stubborn man and his stubbornness is costing millions of people their livelihood. It is foolishness to edge him on



Your assertions begs for a reply.

The MPR is usually raised to match the inflation rate. This is done so as to ensure their is sufficient funds in the banks to forestall banks crashing if people panic and mass withdraw, hence it is a precautionary move.

The problem is that the govt is directly driving the inflation through tighter controls on every sector at the same time. They cannot be closing borders, tightening forex, banning imports at the same time increasing taxes and deploying TSA. The cumulative effect is CAUSING a STAGFLATION

They are abusing the economy. It's like beating a child over and over again with different policies and expecting the child not to cry. Inflation is the natural tendency of such a battered economy. To make matters worse they are now increasing MPR to protect banks from a liquidity crisis. The only cure for this inflation is to allow the banks give out more money by reducing the MPR for investments to flow but they are doing the reverse.

In fact, I give kudos to Nigerians for being too patient.and resilient. Countries like Greece didn't see these kind of wahala before they screamed for bailouts.

It is all good sha. I don tire to type. Whatever they do we are all in it together

naijababe:
I personally would love to see some regulation at exit not entry.

DCTrendy:
What re you saying?

Emefiele just reduced the money transfer agents to 3 last week!

In 2015 alone, Nigerians in Diaspora sent home over N6 trillion Naira. But your CBN governor is doing his best to reduce means of sending money to naija to just 3 companies.

You dont even need to have C6 in O'level Economics to know that was a really bad move.

Every country throws their door open and receive inflow, but CBN is closing your own and you re here defending him?

If i give you a stud ehn....

mecedonia:
Following the withdrawal of the INEC lawyer from the Appeal Court which ruined a major part of the Uche Ogah plot to become Governor without contesting any election, Mr Nwuruku angrily told the other officials that he will no longer share the money and the vehicles, currently parked at his Ebonyi home, with them as they have failed to deliver. He insisted that he is the only person who delivered and even put his career on the line by going on national television to defend the hasty issuance of certificate of return to Ogah... and the vehicles he will expose him by leaking details of how he received the money from Ogah at Nicon Abuja.
the iron cast appeal of Governor Ikpeazu prepared by Wole Okanipekun SAN.

The appeal court yesterday chased away the lawyer and representatives of Sheriff at the court and adopted the briefs of Onyechi Ikpeazu SAN....

Johnnoo:

Propropro:
Useless man fooling his gullible supporters that he is a true democrat. A man who should be locked up or tied to a stake and shot for fun for supervising massive corruption