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SeniwellsFX's Posts

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CelebritiesRe: Skolopad Lies On The Red Carpet At SAMA 23 (Photos) by seniwellsFX: 3:21am On May 28, 2017
Please don't blame her. She is seriously under the influence of remaining relevant in the industry. Entertainment industry today can be considered the worse industry to be in. You are constantly under the pressure of staying relevant. And this makes entertainer's engage in all manner of schemes just to remain in the game. It's beyond physical folks
PoliticsRe: "Nigeria Will Never Split" – Emir Sanusi Tells Agitators by seniwellsFX: 6:14pm On May 16, 2017
dealslip:
Aguiyi Ironsi did. It amazes how people don't know their history and assume alot of things just because they can't have what they want
it's very surprising to see adults reason in a one dimensional context. So if aguiyi Ironsi in his own wisdom then made the federating units to become a unit and after 50years we seem not to make any progress as a nation. Is'nt it wise for us to look for a way to correct things about our country? Especially with the fact that we all seem to have an idea of why Nigeria has not being the country our forefathers visioned it to be and also what we as Nigerians want it to be. So if a father makes an error due to his judgement of yesterday,the son should not look for a way to correct that error. Even when the mistake of the father has made life miserable for the son. Hmm...Na wa for some of ona for nairaland Sha..
PoliticsRe: Federal High Court Complex Port-Harcourt, Built By Wike Ready For Commissioning by seniwellsFX: 4:11pm On May 15, 2017
doctokwus:
Whats d cost and how much was embezzled?
Any project whose cost is hidden is a source of embezzlement of govt funds.
I dare Wike and any of his supporters to show us where d cost of any of d projects he undertook has been made known not even to the public,but to top officials of d supervising ministry or agency.
continue to dey dare until u grow green bia bia for ur yansh.. u no go dare governor yari way no fit provide vaccines for zamfara people way won die finish,after him collect all the various allocations from Fed govt plus foreign aid...yeye..
PoliticsRe: Governor Abdul’aziz Abubakar Yari Builds $3m Hotel In Lagos With Funds Stolen by seniwellsFX: 4:26pm On May 14, 2017
bayelsaowei:
grin grin..who fights corruption without removing the immunity clause from governorshuh...

Nonsense system we run in nigeria..
hmmn...one of the best quotes on this issue.. wonderful..I applaud u. Removing every immunity clause should be the first assignment for any government that is sincere to fight corruption and make governance a thing of accountability and transparency.
PoliticsRe: Governor Abdul’aziz Abubakar Yari Builds $3m Hotel In Lagos With Funds Stolen by seniwellsFX: 4:19pm On May 14, 2017
sarrki:
Most of our governors are crooks
haha...this man sarki,u are sure a funny person I swear. No offense,but ur attitude and response sometimes can be likened to a canine around my neighborhood. When I pass in the evening from work and she is behind the gate,the canine barks like hell is about to brake loose. But when unfortunately she is outside of the gate when am passing,she acts some calm like no one is passing.staying very quiet. Sometimes she hides before I get close to the gate were she is. If it were to be a PDP governor past or present,u would have being barking by now. Calling GEJ up and down. Now it's an APC governor,not just any APC governor but one that is so close to the federal govt and the leader of the governor's forum,and your reply is "most of our governor's are crook" u are surely doing a Nice job. U are now silent like the canine now cos u have being caught outside the gate. Lolzzzz...
SportsRe: Jay Jay Okocha, Ronaldinho And Valdarama Pictured Together by seniwellsFX: 3:43pm On May 09, 2017
Jacksparr0w127:
Thanks for the information sir. I don't even understand football by '94. Lol. But I'm sure he must be really great.

Btw, is that Escobar's story true? I used to think it's one of those myths being told as a kid. So it truly happened? shocked
yes man,its very true. Not a myth.he was shot inside a bar in Columbia after they went home
SportsRe: Jay Jay Okocha, Ronaldinho And Valdarama Pictured Together by seniwellsFX: 3:30pm On May 09, 2017
Jacksparr0w127:
Senior men

Teacher and pupil


Don't know Valdarama tho
Carlos valdarama is one of the best footballers to have come from Columbia and south America. He was the captain of the USA 94 Columbian team that had the infamous ESCOBAR that was later killed as a result of scoring an own goal. Mind you, valdarama is considered one of the best passers of the ball in the history of the round leather game... chai USA 94. I cried and went on hunger strike when super eagles lost against Italy in the second round...I only stopped after much begging from popsy and mumsy including neighbors.this was in addition to a promise that the match will be replayed. Lolzzzz... Small pikin sense
CareerRe: This Is How Much Most Graduates Earn In Nigeria As Starting Salary - Stutern by seniwellsFX: 11:58am On May 07, 2017
Erums:
Is the house rent monthly or annually
monthly
CareerRe: This Is How Much Most Graduates Earn In Nigeria As Starting Salary - Stutern by seniwellsFX: 11:57am On May 07, 2017
vickertony:
Baba how did you get to be there.
just curious! never seen a Nigerian talk about Mauritius........
I swim reach Mauritius..lol. Na school carry me reach here. Cos I know say I fit dey work part time still dey go school. Mauritius is as small as bayelsa state with a population of 1.3million people. But over one and the half year way I dey here,i never see police way carry pistol let alone Ak47. Electricity Na 24/7. Security Na topnotch. Police dey carry only Barton,but once dem appear everybody dey compose. Transport system Na topnotch. I dey Waka pass police for night,no questions,no harassment. Once u call police,dem don show. Once u Bleep up,na arrest straight. I can go on and on bro. I come Mauritius and I felt ashamed and pity for my country Nigeria. What's there major source of revenue generation, taxation and tourism,plus textiles industry..
CareerRe: This Is How Much Most Graduates Earn In Nigeria As Starting Salary - Stutern by seniwellsFX: 6:26pm On May 06, 2017
No offence,but most people talking about salaries of workers abroad are not taking very vital points into consideration. Yes the case of workers salaries in Nigeria is pathetic.Have you asked of the cost of living in those foreign countries? I am an undergraduate student in Mauritius studying business accounting and finance. I do part time security job in the evening. My monthly pay is Rs10,000(ruppes) which is equivalent to #100,000(one hundred thousand naira). But my house rent alone(self contain) takes about 60% of my monthly salary.feeding and other expenses never join oo.. so in these foreign countries,the more they pay,the more you spend. So forget all those talk about big dollar pay. Except a situation were you are a professional.
PoliticsRe: ‘No Provision For Acting Chairman In EFCC Act’ - Senior Lawyers by seniwellsFX: 1:41pm On Mar 26, 2017
i am just wondering why no one has thought of magu's confirmation and the senate in this perspective. to me, magu's case is just like a circus clown sent out to perform to the delight of an audience, without the person in the clown attire knowing that he is performing as a clown. i can't seem to wrap my head around the fact that the president and commander in chief in the person of buhari can not be in the know of the said DSS report about magu,even before it was sent to the senate. i personally feel buhari himself does not want magu(reasons best known to him alone)but dosen't want to drop him directly. so he rather allow the senate and the dss to do the dirty job by making sure mr magu never gets nominated. if the president was never aware of the said dss report before it was sent to the senate,some persons would have been fired from their job by now,knowing fully well that such action from the dss is a direct punch to the presidents abdomen. in my view,magu is the circus clown,the senate are the audience watching from the front row, while the presidency is the sender of the clown. nigerians are watching from a far distance.. just my deep logical assessment of the entire drama
PoliticsRe: You Cannot Force Workers Into Farming, Labour Tells Govs by seniwellsFX: 6:07pm On Aug 22, 2016
coalcoal1:
Agriculture is NOT the magic solution
August 21 2016 by Simon Kolawole
Anytime I hear Nigerian presidents, ministers, governors, economists, analysts and commentators declare that agriculture is the alternative to oil, and that the solution to Nigeria’s economic woes is to return to the farm, I am tempted to jump up and ask at full volume: “Who agriculture alone don epp?” Some states have hilariously declared work-free days for civil servants to go to the farm. It would be nice to see those farms and how well the emergency farmers are doing. We’ve been told again and again that agriculture, as Nigeria’s biggest employer of labour, is the magic solution to unemployment, that we will export agricultural produce and earn plenty forex. Well done.
I’ve been hearing this fairy-tale all my life. When I was a primary school kid, Lt. Gen. Olusegun Obasanjo, then head of state, asked Nigerians to tighten their belts because the oil boom would not last forever. He added drama by tightening his military belt on TV. He launched Operation Feed the Nation. My grandfather responded by setting up a garden in our backyard. President Shehu Shagari did Green Revolution. The structural adjustment programme (SAP) of Gen. Ibrahim Babangida was basically about diversifying into agriculture. In different shapes, forms, sizes and packaging, we have been talking about agriculture, agriculture and agriculture forever.
Since we love glamorising our exploits in the export of cocoa, coffee, palm oil and groundnuts before the oil boom doom, I will pick on just cocoa to dispel this ill-conceived notion and never-ending campaign that agriculture is the magic wand. We used to be the biggest producers of cocoa in the world. Chief Obafemi Awolowo utilised cocoa revenue to develop the south-west when he was premier of the region in the 1950s. But we dropped the ball along the line and Cote d’Ivoire overtook us. And now we are lamenting that we are nowhere to be found. The solution, therefore, is for the south-west to revive the cocoa farms. Oh, the good old days!
Okay, let us talk about Cote d’Ivoire’s fabled cocoa wealth. Cote d’Ivoire produces 33% of world cocoa and exports to manufacturers such as Hershey’s, Mars Inc. (both in the US) and Nestlé (Switzerland). You know what Cote d’Ivoire earns yearly from exporting raw cocoa? A whopping $2.5bn. I repeat: a whopping $2.5bn! So Mars buys Ivorien cocoa and makes several products from it: Bounty, M&M, Mars and Milky Way, to name a few. You know Mars’ net income from chocolate products alone in 2015? According to the International Cocoa Organisation (ICCO), Mars made a pathetic $18bn, compared to Cote d’Ivoire’s whopping $2.5bn. Agriculture, indeed.
If you are wondering how just one company, which manufactures chocolate, can earn seven times more than a whole country, which farms and exports the cocoa input, then you are asking the same question with me: Who agriculture alone don epp? On ICCO’s list of the world’s top 10 companies in net revenue from chocolate, you have three from America, two from Japan, two from Switzerland, and one each from Luxemburg/Italy, Argentina and Turkey. None from Cote d’Ivoire, Ghana and Indonesia — the world’s three biggest producers of raw cocoa. There must be something that Hershey’s, Mars and Nestlé know that we don’t know as we keep planting cocoa.
To be fair, Cote d’Ivoire is waking up. In 2015, French chocolatier Cémoi opened a plant in Abidjan, the economic capital, to produce chocolate. President Alassane Ouattara, on touring the plant, said: “We want to be able to make chocolate for Ivoriens, for Africans and especially West Africans.” Ouattara (pronounced Wa-ta-ra) understands what we still don’t understand here: that agriculture without industry is dead, being alone. How could I buy cocoa worth $1m from you and make chocolate worth $10 million from it — and you think you are smart? If you are smart, you will start making the chocolate yourself and stop romanticising about the “good old days”.
There was a video that went viral sometime ago. CNN’s Richard Quest visited a cocoa farm in Cote d’Ivoire. Come and see poverty written all over the faces of the farmers, who have been told for decades that agriculture is the magic solution to their problems. Quest gave the farmers bars of chocolate. They were eating the sweet stuff for the first time in their lives! Compare their lives to those of the executives of Mars Inc., who buy the cocoa beans from Cote d’Ivoire. They are flying private jets and holidaying in the moon, while the Ivorien farmers are fighting off flies and bees in the bushes of Koffikro. For your information, Mars Inc. has no cocoa farms!
Don’t get me wrong please. If I have created the impression that agriculture is useless, I do apologise. That is not my intention. After all, agriculture is our culture. Millions of Nigerians are farming rice, beans, cassava and corn. That is huge employment. Also, we certainly can produce many food items that we are importing and burning precious forex on. But is that why governors are declaring work-free days for civil servants to go and plant melon and maize to solve Nigeria’s economic problem and stop the dependency on oil? If only these governors knew that Switzerland does not grow one tree of cocoa, yet makes the world’s most elegant chocolates!
Let us break this whole agric logic into pieces. If we really want to diversify from oil and create proper value, agriculture must give birth to industry. If agriculture currently employs, say, 5 million Nigerians, agro-allied industry can employ 15 million in the value chain. So why do we spend so much time discussing farming and not industry? For example, how many graduates can a tomato farm employ compared to a factory making tomato purée? The factory will employ or engage the services of engineers, technicians, chemists, marketers, accountants, communicators, lawyers, administrators, drivers, and so on. It may even have a sick bay and employ doctors and nurses.
I’m not done. A basket of tomatoes sells for N800 in Kaduna. A 400g tin of purée sells for N300. Look at how many bottles of purée you can get from a basket, and how much value you will be getting. Who, then, is making the real money? The factory will pay company tax, its employees will pay PAYE and the consumers will pay VAT. That is how government will boost its revenue. The purée bottle makers offer a different business altogether that employs workers and pays all kinds of taxes too. And if we are good enough, we can begin to export purée to other countries, and earn forex. This is just purée. Think of a thousand agro-allied factories. Think of our huge population.
Sure, agriculture is very important in a primitive economy like ours. But we always miss the bigger picture. One, we need full optimisation of the sector to enhance productivity. A country like the US knows this much better: the percentage of the population engaged in farming is insignificant, but it is so optimised that the output is out of this world. For instance, the US produces enough rice for local consumption, for export, for aid and to dump in the sea to “stabilise” market prices. Two, processing is where you find the massive job opportunities. The agro-industry will yield far more output, more jobs and more economic value than Benue Friday Farming.
These things look so simple and doable, but commonsense is not common. Our agricultural output can be far better in quantity and quality than currently obtains. We can do with better technology, storage, conditioning, packaging and transportation. Most importantly, our brains should focus on how industry can bring out the real value of agriculture and spark off a chain of economic activities that will create millions of good jobs and generate billions of dollars in revenue to investors, employees and government. But we seem excited only about preaching and promoting the export of raw produce, and we feel so smart we think this is the way out of our oil dependency!
But how can we add value when, despite the billions of dollars we have made from oil since 1999, we don’t have the basic infrastructure to inspire an agro-based industrial explosion? Where are the roads? Where are the rails? Where is the electricity? Where is the security? Where is the finance? Yet I can point to uncountable private jets, mansions and customised cars that politicians and their friends have acquired since 1999 with proceeds from the oil boom — while they keep preaching stone-age agriculture to Nigerians. So if your governor joins this craze of declaring work-free days for primitive farming, just ask him politely: Your Excellency, who agriculture alone don epp?
https://www.thecable.ng/agriculture-not-magic-solution
. excellent analysis mr coalcoal1. i respect your recommendations. if only our vissionless leaders will see this. i feel happy coming across intellectual analysis and presentions on issues affecting nigeria. thanks.
BusinessRe: Naira Quoted At 253/$ As Interbank Market Opens by seniwellsFX: 7:51pm On Jun 20, 2016
it's quite unfortunate that many person's do not really have basic economic knowledge and how the forex market works. now there are many economic factors that determine the exchange rate of any nation's currency. these are interest rate,inflation rate,both employment and unemployment rate,trade balance(import and export), production data(manufactured and non manufactured goods), business confidence(purchasing managers index(PMI) which shows how confident business managers are in doing business in that country as well as a measure of their profitability within a specific period), both monetary and fiscal policies,GDP, just to name a few. now for a nations currency to strengthen against its foreign counterpart,all or most of the above listed economic indicies needs to be on the positive side of the treshold or at least within the central bank's forcasted levels. but as of today all economic indicies are beyond emefiele's forcasted levels. nigeria's interest rate is in double digit, unemployment rate that one no need to talk am,inflation rate is at 15%,we have negative trade balance,meaning we are importing more than exporting,fiscal policy of the nigerian gov't never get direction and others. we should'nt be counting our eggs now because of short term price fluctuations. though the new fx policy is good,but if not followed with continues real monetary and fiscal policies it will be useless and both the naira as well as our economy will suffer more in the future. we can only know the effect of these policies after the 3rd and 4th quarter of the financial year of 2016. i still forsee the naira dropping against its major foreign counterparts in the short to medium term(2 to 4 months.between #255-380 interbank rate) due to the economic realities on ground(low oil prices et al).mind you,global economic slowdown is also playing its match internationally. but in the long term if major economic indicies begin to improve the naira will rally(strengthen) and fall below #200/$1. so lets forget about intraday fx price fluctuations and focus more on the longer term price projection of our beloved naira against other fx majors.
BusinessRe: FX Trade Made Easy by seniwellsFX: 2:53pm On Oct 05, 2013
Pls if you want us to follow your trading signals,then upload the account history of your live trading account and not your demo account.
SportsRe: Is Efe Ambrose The New Finidi George? by seniwellsFX: 12:06am On Oct 04, 2013
ToyinDipo: Wow, you just reminded me of that Stationery Store's promising star. That guy was good.
igeniwari George was a rangers of enugu player and not defunt stationary stores.
SportsRe: Is Efe Ambrose The New Finidi George? by seniwellsFX: 11:57pm On Oct 03, 2013
People can be very funny sometimes. How can any good football lover compare efe ambrose to the grate finidi George. Finidi was like a professional tailor in his days. His passes were well tailored and measured to his teammates that he was awarded the world best #7. Efe is just a regular defender still building his game. Note: they don't even play the same position. Comparing them shows the poster never watched finidi play.
BusinessRe: Free Accurate Forex Signals by seniwellsFX: 10:50pm On Sep 30, 2013
Nice write up. Pls when did you get these signals? Are they current signals? What time frame can they be traded effectively?
BusinessRe: Forex Trading - Season 13 by seniwellsFX: 8:35am On Sep 29, 2013
Hello FX traders. A new trading week is around the corner,lets give our insightful trade calls for the new week. Keep in mind the fundamental data's from us,eu,asia and around the world. While you do that,I want to let you all know that technically,there are lots of entery signals coming up with different currency pairs. I will be back to forcast the trading opportunities I see in the FX market. Thanks.
BusinessThe Forex Trading Alert Session. by seniwellsFX(op): 11:31pm On Sep 28, 2013
Hello fx traders. I have been a proud forex trader for some years and I feel very happy when I come across traders like me. With my experience in fx,i think the gathering of fx traders should be about knowledge shearing and true personal experience about fx trading,so as to put upcoming and struggling traders on the right track as regards this global,highly lucrative,highly technical and risk involve bussiness of forex trading. I am writting this as regards the forex trading alert sessions. I think that session should be about trade calling,either open or pending,idea shearing and advice,rather than giving shout outs. We as fx traders can lean from each other by shearing genuine and knowledge base insight's about fx trading. Remember that in fx trading no one knows it all,and know one can know it all.but collective we as standing fx traders can achieve success gradually. Even the institutional traders are always striving to acquire more knowledge about fx. No offence to the moderators and participants of the forex trading alert sessions,but as a concernd fx trader am only suggesting we all do it intellectually. More pips to our trading accounts. Thanks

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