₦airaland Forum

omenka:
Okay, the guy is a RAW talent, better than any Nigerian artist I've ever seen. But they lied in one of the pics. There's no chance in hell that pic with those boys playing in the river wasn't taken with a good Nikon camera.

That's the only fake amongst them I think.

His innovative mind has left ur dumb mind troubling; isn't?

Really? Have we stop importing rice ?

mohince:
Global crude oil prices finally surpassed Nigeria’s
budgetary benchmark on Monday, trading above $39
per barrels.
The price of Brent crude – the global oil benchmark –
rose an all-year high at $39.50 on Monday, from $
27.10 on January 20, the lowest for Brent in 2016,
theCable reports.


Last Friday, the price of Nigerian crude rose to a new
record high, selling at $35.76 per barrel, the CBN has
announced. Bonny light had traded around $35 at the
start of the year and thereafter plunged into the 20s,
following a global slump in crude oil prices.
www.naijaparrot.com/crude-oil-price-rises-above-2016-budget-benchmark/

$41 not 39

,NCC gives Nigerians a number to call. Dial 622 to report any telecommunication company that deducts your money illegally through dial tunes, SMS etc or arbitrarily without your consent. Place the call whenever you need to, it's toll free. Help circulate this information. This stealing just has to stop!

cliper230:
u no just like dis buhari at all

What make you said that ?

As a supporter of this present administration To be honest. Buhari failed in this one.cant wait for Buhari to Face Amanpour and BBC Hardtalk.

nyben4eva:
Igbos should be very careful in Nigeria,there's a strong conspiracy going on between the Hausas and Yorubas to relegate you to nothing in Nigeria and that was behind the formation of APC.They want to bring your businesses down by making unecessary polices which affects you directly and take over the businesses you do.

The North and South West don't like anything Igbo and have sworn to make life unbearable for you.You people should believe in God and your abilities to be creative in any aspect of life you find yourselves.

The plan is to reduce the Igbos to nothing and I'm gradually seeing this wicked plan unfold before my very eyes.If you want to invest,the South South and South East is always open for you because any investment done in the South West and North is a complete waste.

Damn your so funny. Don't think that way Plz.

Nah waoo Nigeria youth!

Holyman3:
The Igbos prefer that 100 people have 1 million each, than two men having 50 million each.
Thats why they are better off without Nigeria.
One Igbo man goes home, picks up a boy, teaches him business, settles him in six years and the boy starts his own business. In two years, he goes home and picks up more boys.
All them boys in Alaba and Trade fair did not just jump into a bus and come to Lagos.

Your quiet right. That's what we called wealth distribution unlike other that you serve for long and still have to pay for your freedom.i think, that strategy the Igbo's adopted is a very good one I will like other tribes to emulate it.

ladycomfort:
. Could you please explain?

Entrepreneur are in the business of creating something new. An entrepreneur invest in ideas and bring them to reality. The success of entrepreneur is its ability to diversify. Example. If oil didn't pay real estate will do.

businessman is someone that brings new products to market for buyers and find innovative ways to maximize the value for his investors as well as the customers. This person may not always create the products but provides value by profitably marketing these to customers. Example : without new innovation to the market he will continue depending on old ones.

erico2k2:
This is misleading.they actually do.check what the UK govt is doing regarding housing. Where do you think the term council housing came from? Government here are building new and affordable homes

I never heard of that before but I I just google it and I will like you to read through this below text.

Public housing in the United Kingdom provided the largest proportion of rented accommodation. Houses built for public or social housing use were built by local authorities and collectively known as council houses. Before 1885 housing for the poor was provided solely by the private sector. Council houses were built on council estates, where frequently other amenities like schools and shops were provided. From the 1950's blocks of flats and four storey maisonnettes were built, often in mixed estates of flats and houses.
Council homes were built to supply uncrowded, well-built homes on secure tenancies at reasonable rents to primarily working-class people. Council housing development in the mid-20th century included many large suburban "council estates"[1] and numerous urban developments featuring tower blocks. Many of these developments did not live up to the hopes of their supporters, and now suffer from urban blight.
Since 1979, the management of council housing has seen changes. Housing stock has been sold off through Right to Buy legislation, and new social housing is developed and managed by housing associations. An estimated 17% of the UK population still lives in council housing. Approximately 55% of the country’s social housing stock is owned by local authorities (of which 15% is managed on a day-to-day basis by arms-length management organisations, rather than the authority), and 45% by housing associations.[2] In Scotland, council estates are known as schemes.

MadCow1:
Interesting how no Igbo Man ever makes the Forbes list.






Anyone care to explain why?

There's difference between a businessman and an entrepreneur.

domack99:
Building a house is more of security than investment. As someone mentioned earlier, is for people who want to play safe and that the category most Nigeria fall into.

Housing infrastructure should have been more of government liability.

No I don't agree with that. There's no where in the world where government engage in mortgage biz. I think it should be more of private sector with good portfolio with government plan and standard. Government don't build.however, they set standard.

Hmmm ; after years of nurturing this party towards campaign period the chairman will then sell our mandate to PDP abi. Plz u guys should come with another strategy. You con me once I win, you con me twice you win.

thowbie7ven:
Most girls talking here are hypocrites...Oya, tell me you've never used"a car" as a means of judging and accepting a guy's proposal...you con come here spilling thrash...Most of them will be the first to pull a guy down if he doesn't have a ride....They don't even wanna know if it was stolen or gotten through ritual means...All they want is for him to have his own personal ride...u go see dem pose for front seat like Adelabu's coffin...Mtcheww

Bro it's Sunday oo. Why are you vexing nah?

They probably just realize the figure of unemployed and the total cost of 5k per month. Imagine 5k multiply 20m unemployed that's 100b Naira. Over 1trillion Naira per annum

Technically Nigeria is going to spend Arab money during this tenure no more western fund?

Original Rolex box is not that bland ,those are typical replica watches. I got few of them.

dlox147:
With the current gains by the Naira after Ifeanyi Ubah' statement got me thinking.

I have come to a conclusion that just maybe the Govt delibrately manipulated the forex in other to partly fund the 2016 budget. I will explain this with the anology below....

"Let's say the Govt needs N400 million to fund the budget, as salaries and contracts are mostly Naira transactions, and it can only afford $1 million = N200 million.

With the official exchange rate at about N200 to $1 and the FG through the CBN have restricted the issuance of Dollar to the CBN alone, who goes ahead to instigate forex panic by banning more dollar required item which ultimately push the price of Dollar to N400 in the parallel market.

At the parallel market where Dollar is now sold for N400, CBN using its agents will smuggle the FG's $1million to be sold at the black market rate invariably making N400 million.

While the official rate remains N200, the FG would have made their money, thereafter systematically takes the Naira back N200 whilst they have solved the problem of making N400 million."

I may not be an expert in economics, but what would we attribute the current gains of the Naira to? Something fishy is going on and I think the FG is part of it....#ChimasTake

Exactly what spring to my mind this morning. You see this finance minister lady she know how to take from masses pocket to fund project. I remember vividly Home Owner project Ogun state introduced in late 2014 during that time most states have not been able to pay salary while Ogun state was bubbling.what will surprise me now is that the bailout received by Ogun states will be use for PMB estate project flag off during 40th anniversary. My imagination thou. This Lady will continue taking back from pocket of the masses and give back to Government to keep the country economy running.

Confirm now that Buhari is Suni

Akkord4gov:
I swear,Nigerians dey all d countries you mentioned

Most definitely. Not long ago I was boarding emirate to Germany some guys were boarding the same flight going to Damascus transit Dubai. I was surprise.

So baba came back from Egypt to come back his cows to go see what Saudi look like.

Until this February, Nigerians were not talking much about buying locally-produced tomato purees and tomato pastes. We were all always looking for those imported brands. Even when Dangote acquired National Salt Company of Nigeria (NASCON) in 1996 and claimed to be producing tomato pastes and purees, he was actually importing them from overseas and distributing them here. But enter Erisco Foods Ltd last week and Nigerians have started to think about our own tomato pastes! Before Erisco came along, we had Tomato Jos and Gino Tomato Paste, both of which struggled for recognition in a country that was obsessed with everything and anything made outside her borders. We would not eat our own rice but rice imported from Thailand, the Philippines and South Korea. We would not wear guinea brocades and lace materials unless they were imported from Austria, Switzerland, South Korea or China. When we went to livestock markets, we wanted goats and cattle imported from Niger, Chad or Burkina Faso. We wore Brazilian hair attachments. In fact, many women in Lagos “imported” hairdressers from Benin Republic because they preferred the Beninese styles! Anybody who patronized Nigerian manufacturers was inferior to those who patronized foreign manufacturers. Whatever was left of our middle class now shopped at Shoprite rather than the local markets. There you would find imported cereal, assorted dairy products, pastries, toothpastes, toothpicks, toys and general groceries – mostly imported and funded with our scarce FOREX. Even the poor too were now finding their way to Shoprite!
But our come-to-Jesus or come-to-Allah moment is here now. Come yee now to God or perish in eternal economic servitude to other countries, Nigerians! The naira has crashed and is still crashing. The abyss into which the naira has fallen appears to be bottomless. As at the time of writing this, One US dollar ($1) exchanged for N400. Only last month, it was around $1 - N200, and we were complaining. If we are not already on our way to the church or the mosque, we may be left behind.
At the church or the mosque of reality, we need to be converted into believing in our own educational system. We need to stop sending our children abroad; not just to the UK or the US, but to places like Ghana, Egypt and even Benin Republic when we have hundreds of higher institutions in Nigeria. We, the middle class in particular, need to identify whatever is wrong with our educational system and help pressure the government into fixing it, instead of sending our children abroad. There was a time when Nigerians went abroad to study Nuclear Science or Petroleum Engineering and similar courses that were not available in Nigeria. But these days, we send our kids to America to study Yoruba, History, Philosophy and Linguistics. My friend’s son is in South Africa studying Arabic. Another is in the same South Africa studying Medicine. One is in Ukraine studying Microbiology. And every semester, all these kids’ parents go crazy chasing down FOREX to support their children abroad.
Nobody goes to see the doctor in our hospitals anymore, unless they were rushed there in an emergency. And as soon as they are stabilized, they jet out of the country for better treatment. For routine medical checkups, our middle class folks are now following the lead of the nouveau riche and getting seen by doctors in South Africa, Dubai, India, the UK or the US. Our own UCH, LUTH, ABUTH and even the National Hospital, Abuja, have become places you go to die rather than to get well. And if you are poor and in a rural area, just go see your native doctor. You have no hope of getting well. But with the naira so low in value now, many in the middle class are now leaving their dogs and housemaids behind when they go to Florida to treat that hypertension; that diabetes or that hemorrhoid. The rich though still take their dogs, cats, mice, fish as well as their maids and drivers to London and Washington DC when they go there to treat that sore thumb; that sore throat or that cough. Pretty soon, if the naira’s fall is not abated, they too will have to re-consider.
But this naira fall is probably what we need to galvanize us into our own industrial revolution. When the Korean War ended in in 1953, the Korean currency – the Won – exchanged at 63KRN to $1. The war had badly devastated South Korea physically and emotionally. Before reinforcement came from the US, North Korea (with help from China) had reached all the way to Daegu in the South of South Korea. Of course, by then, the whole of Seoul and everything north of it was in ruins. South Korea had nothing. But as their currency continued to fall precipitously like our naira is doing now, the people picked themselves up, dusted themselves up and put their country first.
They didn’t have oil money like we do. But the little they had, they invested in chemical and mechanical engineering. They first started borrowing technologies from the West, but soon they engaged in reverse engineering and later in their own modern manufacturing techniques, which soon weened them off importation of automobiles and heavy and light machineries. They invested in mass production of foods and started an agricultural revolution that saw them become self-sufficient and a major exporter of food, especially rice and seafood. They now compete favorably with Japan and Germany for automobile market in the US. In fact, they compete favorably with American automobile manufacturers in America!
Today, you could stand on a busy street in Seoul and count zero imported automobile out of your first 1000. Today, you could hardly find a home in South Korea with imported electronics. As close as Koreans are from Japan (less than two hours by air) you will not find a Japanese automobile in South Korea. Their currency fell so low and has remained so low that their people had no choice but to buy Korean. Today, the KRN exchanges for 1200 to $1. What will Nigerians do if the naira falls to that level?
South Koreans drive their own automobiles, package their own processed foods, eat their own foods, speak their own language and make it the language of instruction in their schools, even in science and math! Seoul is now the unofficial world capital for plastic surgeries…something so prevalent that Koreans reconstruct their noses and breasts while on their lunch breaks! Definitely, Koreans patronize their own hospitals for major ailments.
Above all, when Koreans are accused of corruption, even before prosecution and conviction, they resign their appointments. Many are so ashamed of themselves that they commit suicide. Koreans will never tolerate the kind of charade we saw recently in Nigeria where 90 or so SANs sheepishly trooped into a courtroom to shamelessly provide moral support to one of them being charged for corruption. Koreans will never have Senators trooping into court to provide moral support for one of them facing criminal charges. Our leaders have not the foggiest idea what “Country First” means. And we the led love Nigeria not. Otherwise, the kinds of mind boggling corruption being unearthed by the EFCC would be rare; not the norm as they are right now. And the outrage from the judiciary, the legislature, the law enforcement agencies, the press and the general public would be strident. Instead, we have people crying “selective prosecution” when their kinsmen are being charged to court for corruption. None of us has sat down to think about how Nigeria as a whole is being short-changed by these morally bankrupt entities.
We call ourselves Nigerians but do not think we owe Nigeria anything. We do not see ourselves as needing to do anything for Nigeria. We are all about what we can get from Nigeria. Our loyalty is to ourselves first, then to our immediate families, then to our home towns and then to our tribes. Nigeria as an entity does not come into our calculation at all. We do not know the meaning of patriotism. We will stand by while other nationals ruin our country and even encourage them to do so. We will participate and even lead other nationals in sabotaging our country and compromise our national security. We do not treat our flag as a sacred representation of our collective past, present and future. We recite our Pledge and National Anthem with perfunctory attention. We do not have that sense of patriotism…that filial connectivity that makes you want to proudly defend your country and if need be, die for her. We do not see our country as our own. And I am not even talking about those agitating for Biafra or Oodua or Arewa enclaves now. I am talking about all of us.
We have been blessed with Muhammadu Buhari’s second coming. We better get our acts together and come to Jesus or to Allah today. We may never get a third chance. We are at such an epochal point in our existence that we must choose whether to endure the present pain as we lay the foundation for a better tomorrow, or we want to keep strutting around the African neighborhood in borrowed robes and bouncing around in a vicious cycle of abject poverty where our survival depends on the generosity of other countries. By now, every Nigerian should know that Buhari is not a politician. And his actions are not driven by politics. If he is making mistakes, they are mistakes of the head, not of the heart. His heart is what we should worry about. And we all know it is in search of a truly enduring legacy for all of us. Therefore, we all must gird our loins and come to the aid of this Septuagenarian. The judiciary, the law enforcement agents, the media, the legislature, ordinary folks – all of us must help this man who is altruistically working for a better Nigeria. We all need to embrace him and embrace our flag. It is the least we can do.
By Abiodun Ladepo
Ibadan, Oyo State

Bisjosh:
HOW MUCH DOES 2000/2002 SOLARA V4 COST WITH DUTY PAPERS

I don't have but I can check the market price for you tomorrow as work is over for today.

DropShot:
If she like let her have 20 international appointments, it doesn't change the fact that she failed in managing our economy during oil windfall.
What did she and the fg leave behind in the SWF?

What did the FG do with her own share (55%) of the ECA that was shared?
Were the governors wrong to ask for the money to be shared when each time they got to meeting they discovered that the account had been depleted without their knowledge and approval?

Despite selling crude above average of $100 a barrel, Ngozi and GEJ had to resort to borrowing to pay FG workers salaries in March and April 2015, yet you think she was the best thing to happen to Nigeria since independence?

Abeg, swerve.

Don't mind those people talking about ECA. It was on live program Godswin Akpabio said there's nothing like ECA that not country like nigeria will have ECA because we haven't got enough to develop not to talk of excess. Which is a common sense statement. So Ex Finance Minister was just a media economist and window dresser.

Osezua:
http://blogs.premiumtimesng.com/171314-2/

All I read here is wanted wanted wanted lol you can do better

adebanjotunde83:
What is Mr Dele realy saying? Cos the excess crude account was depleted in th Jonathan's regime, also there was nothing gained from the economic growth of Okonjo or was there economic development in the last 7Years. Pls economics is not mass comm that one can manifacture facts but economics is real. How can we stabilise the exchange rate with the daily falling of our forign exchange earning source. Pls no panick action should be taken but steady and gently to gain the right change. Don't just talk pls let us think properly before talking!

He is been paid just as he was paid to meet ex Petroleum Minister. Dele is an old skool reporter, this is this the time they make money cause speculators want their voice to be heard.

The problem is complex. . Oil is currently selling below 30$ , buyers have stopped buying from many oil producing countries because IS is selling the oil he control in both Libya and Syria cheaply or in exchange for Ammunition and America is his Marketer what about Iran that increase its output and he's ready to sell for 10$. Buhari met 25billion dollar in our reserve and we expect him to continue spending from it till we end up like Greece. Even Venezuela is facing the worst than Nigeria. We cannot continue bring foreign items from countries that have stopped trading with us. Life is about give me and give you. The corrupt South Africa companies that has been helping nigeria politicians shipping dollars oversea are moving out and making noises about it. I will be disappointed if these companies are manufacturing but unfortunately they are just retail stores and what they do is importing poverty into Nigeria and export wealth out of Nigeria that's the logic. Let us zero our mind and embrace the logic. What is happening today is beyond Buhari and Nigeria. It's hitting almost every country in one way or the other. America federal reserve is considering to reverse his Interest rate he introduced less than a month ago. Why because their economy is about to feel the heat as well. Imagine a country like Nigeria stop patronizing america auto market alone. Not to talk of other products that we bring from America, Nigeria a country of 170m people no body can afford to loose such big customer considering that Nigeria sell to other neighboring country. If you want Buhari to spend more money then you will have to enter Syria and defeat IS and help Russia keep Bashar al-Assad in Government. Then,the glory day will return. The only area where I have Buhari to blame is his failure to cut the cost of running government. Maybe he should scrap House of Rep and reduce Senate representative to 1 or two from each state if he's unable to cut their spending.

Topam:
http://sunnewsonline.com/new/nigerians-pay-highest-tariff-per-kilowatt-in-africa/

I think the charges is cheap but the fixed charges is unacceptable it suppose to be pay for what you use. We pay equivalent to 40 naira per kilo watts here in Benin rep if you don't consume above 22kwt in a month. However,It will increase to 50naira /ktwts. if you consume above 22kwts.we have light 24/7. If the supply is improve people won't complain I trust Nigerians.

JustJosh20:
South Africa:
Rand 1 = 13 Naira .
Angola: 1 kwanza = 2
Naira .
Botswana: 1 Pula = 18 Naira .
Cape
Verde: 1 Escudo = 2 Naira .
Algeria: 1 Dinar =
2 Naira .
Egypt: 1 Pound = 25 Naira .
Eritrea:
1 Nakata = 13 Naira .
Ethiopia: 1 Birr = 9
Naira .
Ghana: 1 Cedi = 50 Naira .
Gambia
Dalasi = 5 Naira .
Kenya: 1 shilling = 3 Naira .
Liberia: 1 Dinar = 4 Naira
. Lesotho: 1 Loti =
14 Naira . .
Libya: 1 Dinar = 146 Naira .
Morrocco: 1 Dirham = 146 Naira .
Madagascar: 1 Ariary = 4 Naira
Mauritius: 1
Rupee = 6 Naira .
Malawi: 1 kwacha = 11
Naira .
Mozambique: 1 Metical = 4 Naira .
Namibia: 1 Dollar = 12 Naira .
Seychelles: 1
Rupee = 12 Naira .
Sudan: 1 pound = 32 Naira
. Swaziland: 1 Lilangeri = 13 Naira
. Tunisia:
1 Dinar = 100 Naira .
Zambia: 1 kwacha = 18
Naira

You failed to mention CFA the most popular currency in Africa!

1k naira used to be 3k cfa as at December last year. But today 1K Naira is 1500k cfa

obailala:
Its okay.
The fact is that if we have a full understanding of the current situation of things, we would understand it has nothing to do with buhari. A man who earns 100k and finds it hard to feed his 5 children, imagine what will happen when his salary is cut to 30k? I'm sure you would agree with me that such a man would hoard the little he has to ensure the house doesnt run out of food (every other need would be termed 'luxury' and would be made to wait).

Now there is a major scarcity of forex in the country ocassioned by the fall in oil prices. The cbn is simply hoarding the few dollars it has to ensure we would have just sufficient to meet what it terms 'essential commodities' such as petrol, food and raw materials. Buhari is not trying to force anyone not to go to school abroad, it is the economic situation of the time that has led to this and the cbn thinks that food is more important than foreign school fees. Can you imagine the humanitarian crisis that would bedevil the nation if forex reserves run down to zero?... no fuel, no food.

You get sense jare bro.