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Nairaland Forum / Sibrah's Profile / Sibrah's Posts
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Religion / Re: Nigeria’s Rich Mega Churches Pay Pastors Poor Salaries by Sibrah: 6:44am On Feb 05, 2017 |
Let sunday punch suggest a good salary package now. |
Politics / Re: Warning For Nigerian Oil Driven Economy by Sibrah: 8:22pm On Feb 04, 2017 |
If oil becomes worthless, the northerners who control lawmaking simple restructure further. |
Politics / Re: Increase NYSC Allowance From N19k To N50k- Fayose Tells FG, Nigerian Reacts by Sibrah: 8:15pm On Feb 04, 2017 |
This clown. N-POWER = N30k NYSC = N50k This man is eyeing 2019 and 2023. If PDP didn't do it with excess I wonder how they gonna do it . . . |
Politics / Re: N530B Arms Contract Probe : Army Generals Block Magu by Sibrah: 7:04pm On Feb 04, 2017 |
nlsmd:The suspect was already being interogated by Magu boys so stop generalizing too quick. |
Politics / Re: GEJ Is A Leader By Nature Of Birth (photo) by Sibrah: 4:20pm On Feb 04, 2017 |
Apple1992:I am already greater than GEJ. Impact isn't about magnitude but orientation. A small positive impact is better than a huge negative impact bro . . . 1 Like |
Politics / Re: Abdullahi Chiranchi, DSS Director Dies In Kano by Sibrah: 3:15pm On Feb 04, 2017 |
I can imajine them sippin origin beneath their hijab in celebration. 7 Likes 1 Share |
Politics / Re: GEJ Is A Leader By Nature Of Birth (photo) by Sibrah: 3:12pm On Feb 04, 2017 |
GEJ is like a MMM guider, he guides anything entrusted in him to nowhere . . . Leader ma foot. 4 Likes 2 Shares |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 12:27pm On Feb 04, 2017 |
happney65:Answer simple question and stop the nonsense beer parlour rant. 1 Like |
Business / Re: Why The Dollar Exchanged At N170 For 4 Years by Sibrah: 12:14pm On Feb 04, 2017 |
Lalasticlala, Mynd44, Seun. |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 12:08pm On Feb 04, 2017 |
Bennycollins:Fact? I don't need fact to challenge your assumptions. Kido. |
Politics / Re: One Biafra Coin To Be Auctioned For About N46,000 by Sibrah: 12:00pm On Feb 04, 2017 |
kettykin:So how much will your coin fetch in biafra currency as things stand. |
Business / Why The Dollar Exchanged At N170 For 4 Years by Sibrah: 11:58am On Feb 04, 2017 |
Simple explanation The govt influences or controls the Forex rate by auctioning excess petrodollar at rates cheaper than that market rate. The ability of the govt to provide or more appropriately supply enough dollar helps maintain prices if it matches the demand volume for dollar in the Forex market. This was the case during the four years when the exchange rate was stable at N170 as the was excess earning. Today, the crash in oil price has created a deficit in petrodollar supply making the govt to ration its auction at a relatively higher rate. The situation isn't helped by roundtrippers who sneak dollar they get at low rate from govt to black market. Rountdtripping is lucrative because it presents the defaulters with almost same profit they normally get when the engage in production but in a fraction of the time production and sales takes. Infact in 2014 when Obasanjo accussed the FG of squandering our excess oil earnings (petrodollar), Iweala defended it as being intervention in the forex market and not squandering. |
Politics / Re: One Biafra Coin To Be Auctioned For About N46,000 by Sibrah: 11:31am On Feb 04, 2017 |
tankara1010:In romance and social circle they say age is just a number, for you it goes beyond romance or social context. 2 Likes 1 Share |
Politics / Re: Fayose Drops Another Tornado On FG by Sibrah: 11:28am On Feb 04, 2017 |
This is one time the kponmo-cutting governor criticized with 'sense' . . . |
Politics / Re: One Biafra Coin To Be Auctioned For About N46,000 by Sibrah: 11:22am On Feb 04, 2017 |
When u smoke weed and bitterleaf this is what you get. Even when Biafra existed, nobody bought it because there is nothing of value to spent it on within Biafra when it was spendable. |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 11:17am On Feb 04, 2017 |
happney65:How much was our recurrent bill then? What Percentage of our earning was it? |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 11:15am On Feb 04, 2017 |
Bennycollins:You forgot to subtract the $28.99pb it cost to produce it . . . . kolomental! No be only assume na assumption. |
Politics / Re: Your Pastor And His Wife Are Not Your Daddy And Mummy - Reno Omokri by Sibrah: 10:04am On Feb 04, 2017 |
They are oh . . . Omockery. All these people forming wise, most of them have one Godfather they tap from. |
Romance / Re: Runs Babes: An Accepted Phenomenon In Nigeria by Sibrah: 9:54am On Feb 04, 2017 |
Billyonaire:It should be called public part. |
Politics / Re: Why Is Dollar Echanging At N510 Under Buhari? - Northern Facebook User by Sibrah: 9:27am On Feb 04, 2017 |
malware:Illiterates everywhere. It remained at N170 becos the govt had excess petrodollar to auction at N170/$. Go school them no go gree. Na bomb them like . . . 2 Likes |
Politics / Re: Would GEJ Have Stopped This Recession? by Sibrah: 8:45am On Feb 04, 2017 |
paschu:Stop talking like a kid. The APC vs PDP tone you are sounding is making you look like one. 1) I used the average figure of $108 for GEJ tenure. 2) APC didn't sparehead sharing of excess funds. All the governors supported it. 3) Oil didn't sell for $25pb during GEJ's time. Lowest was 40-something. 4) You are stating irrelevant facts. 5) Your irrelevant facts negate some of your arguement. 6) Your last paragraph prove age is just a number. |
Politics / Re: Centenary Project: Anyim Walks Out On Reps’ Probe Committee by Sibrah: 8:32am On Feb 04, 2017 |
bigerboy200:We need the video oh. It will prove his motive beyond reasonable doubt. 1 Like |
Politics / Re: Centenary Project: Anyim Walks Out On Reps’ Probe Committee by Sibrah: 8:28am On Feb 04, 2017 |
Chikelue2000:Follow the convo and stop raging at out-of-context interpretation. |
Politics / Re: If Restructuring Worked For USA Why Not Nigeria? by Sibrah: 7:32am On Feb 04, 2017 |
We can, we should but the backward thinking part of us is so huge . . . |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 7:07am On Feb 04, 2017 |
wHyyyyyyyyyY:Likewise mine. 2 Likes 2 Shares |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 6:51am On Feb 04, 2017 |
todayboy:He does not have to, he can easily visit the President cos they are in good terms. |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 6:50am On Feb 04, 2017 |
wHyyyyyyyyyY:Who told you I support Buhari? #justAsking 1 Like |
Politics / Re: "Wait For Another Election, If You Don't Like Buhari" – Obasanjo by Sibrah: 6:35am On Feb 04, 2017 |
wHyyyyyyyyyY:May you life be run the way Goodluck Jonathan run Nigeria. 3 Likes 1 Share |
Politics / Re: My Prophecy About Buhari Have Come To Pass by Sibrah: 3:58am On Feb 04, 2017 |
todayboy:You went back to modify one of your 'unquoted' post just to appear relevant i guess. |
Foreign Affairs / Re: Iran Bans US Wrestlers From Iran.US Judge Halts Trump's Travel Ban Nationwide. by Sibrah: 3:46am On Feb 04, 2017 |
Trump is putting these hyprocrites where they belong. Iran is retaliating for pride unlike Trump who is being security conscious. |
Religion / Re: DSS Arrests Tareri Avwomakpa Over Whatsapp Message Supporting Johnson Suleman by Sibrah: 3:38am On Feb 04, 2017 |
And Fulani are seeing these trash, why won't they misbehave? 179 Likes 5 Shares |
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