₦airaland Forum

Why not PEJ and Diezani? Joke party.

You guys av to understand that wailing is a sign of emotional breakdown.

Xi Jingping is the chinese Buhari. He he he

The experts at derailing of public opinion already at work I wonder what they want from Buhari.

ednut1:
which one is paul university ehn. most employers only recognise AUN, Covenant, landmark, babcock nd bowen. even OOU dey my office me never see all dis strange unis

Afe babalola uni nko? Bowen nko?

d4guy:
Step outside the border of this country, and no one recognises your certificates

Lie from the pit of hell. NUC standard for private uni is even higher compared to public uni.

EternalTruths:
Tinubu= Chief Afonja= Betrayal of the South

Who did Tinubu betray and how did he do it?

todayboy:
Why not use same method on patience Jonathan

Why not use same method on saraki

Why not use same method on buratai

Why only southern judges all northern judges are saint

Another intellectually battered youth.

Dutchboy:
The South African youth are still protesting for something that is beneficial to them that is the difference. Nigerians youths protest agianst EFCC to return to millions of dollars to Patience Jonathan and are paid protestors at every corrupt politician trial. They polticians have improvished the youths and divided them along ethnic lines as they loot and pillage the nation resources.

Oh I get it now.

Dutchboy:
Youths in Ghana are protesting because they no longer enjoy 24 hours electricity,while the ones in South Africa are protesting and have shut down the universities over free tuition fees. Nigerian youths on the other hand spend most of time arguing along ethnic lines and insulting each other tribes.We have a long way to go,we have some of the most ignorant and backward people in the world.

Oga that the youths in SA and Ghana are doing it doesn't necessarily make it right. To me, free tuition is demonic policy that kills. Look at Nigeria as a case study. It is failing us woefully.

Dear chudges of Nijeriya,
We the DSS people are coming to raid you for efidenses, please remain like zombies and expect us so that you will not wail when we have sieze the money efidences.

DSS

Bugatie:
So annoying, a man had ear infection last time and he went abroad for treatment, common ear infection!

Imagine the leaders had built world class hospitals some 3-4 yrs before that time, will that man have to go abroad for ear infection treatment?

The youths are part of the problem as we never ask important question like what candidates intend to do about Fulani herdsmen, state of origin, sharia, power supply, education or the exploitative federal character principle.

Bugatie:
Much as I like GEJ ,I wonder why a specific account should be dedicated to medical treatment abroad, haba!

I wonder why our public officers can't use a health center here

Is like they ve taken oaths not to develop Nigeria and Africa.

Could it be that there was fuel scarcity? A man with a wife that has billion stashed away just for panadol.

What happens when the gods are bribed, can the preists be bypassed? ?

PStylish:
The farmers would have sold at the current crazy market rate against every iota of reason.

That's Nigerians for you.

Now, the farmers must compete with the rice importers.

That's fair game IMO

Our local goods must learn to be competitive. I'll be mad to go for imported rice at 10k if a locally made one is readily available at 9k.

10 likes

wellmax:
One of the most sensible comment so far

Thanks man. I am glad to av an understanding poster like you.

sarrki:
Give us proof may be it was counted or not
Or forever remain silent

Are u minding those people?

naijaboy756:
Wooow. So una take una time count the money? Story for the Zombies

I expect your likes to doubt every anti-corruption related progress made, afterall corruption doesn't exist.

agabusta:
What now happens to all the efforts to stimulate local production of rice??

Nigeria and policy somersaults eh.

Well, some short term advantage will accrue from this:
-cheaper rice


Long term disadvantages
-pressures on naira will continue as people continue sourcing for scarce foreign exchange for rice imports.
-if the local production is not well protected and nourished, this new directive can kill off the production.

A combination of increased dollar rate and the import levy should increase the price of foreign rice and make local production attractive. If the borders aren't opened the local farmer will increase price astronomically and above the foreign alternative. For me, the timing of the move is flawless.

Shocking. Hope it not true.

MadamExcellency:
I will clarify with further information if you state which part of my comment you think is a lie.

The bold part. In addition read this:
http://nairametrics.com/chart-of-the-day-cbn-spent-217-2billion-between-2002-and-2014-defending-the-naira-and-how-much-was-spent-by-gej-administration/

The Presido with clue.

MadamExcellency:
What arrant nonsense is this your postulation suppose to mean? Are we talking about meeting the enormous sharing of Dollars in APC's primary elections.

Obasanjo's met $3.5 billion and an oil output far lower than what Buhari saw.

Let me put some things straight, Obasanjo left CBN’s external reserves of $31.5 billion because there wasn't ridiculous defence of Naira like done by Mallam Sanusi until the adjustment to N197 after he was booted out.

LIAR ! ! !
You lied shamelessly and also argued against yourself.

obailala:
Nigeria's import bill (average monthly forex demand) has increased by over 1000% between 1999 and 2016 so if you have an idea what foreign reserves are used for, then you will realise that a $3.5bn reserve in 1999 was worth far more than $30bn reserve in 2016.

Regarding the defence of the Naira, are you by any means shifting blame this time to Sanusi Lamido for the inability of the last regime to shore up our reserves?... Wonderful!

...and by the way, where did you get that idea from that CBN only defended the naira under SLS during GEJ's time?.... are you saying Soludo didn't also defend the naira with billions of dollars under OBJ?

The habit of defending the Naira gulped $217B between 2002 and 2014(12years period). Leave the voodoo economist alone.

GBTYO:
Your overbearing central govt who practice mixed economy to subsidize the north and enrich the political elites.

The south consumes more imported good than the north on the average.

blueseacats:
if the government is not strong enough to police who commercial banks sell $ to, they might as well stop selling them.

Are they not supposed to know that?

It is all about politician doing what is politically right for their interest. This practise of subsidized dollar ending up in the wrong hands has been there for ages and every single govt knows it but they prefer to keep the subsidy alive in order to give you and I the impression Naira is stable.

GBTYO:
Yes. Since 1970 the nigerian currency has never been directly convertible in the intl market.

Who is to blame?

GBTYO:
Dunce, majority of oil revenue that your afonja region never contributed to was used to float the naira and fund your parasitic region.

Floating the Naira A. K. A. Dollar subsidy.

EternalTruths:
Buhari's end will be shameful

The aim of the thread is summarized by your post.
To get Buhari out.
Why would Buhari admin hide data that reflects activities that's took place mostly under the previous admin?

Alot of opinion attacking Buhari where they have no business attacking him. The policies failed largely due to weak institution. The banks for example, were suppose to sell forex alotted to them by CBN(FG) at a certain rate to certain group but they diverted it to other group of people for a higher value and CBN wasn't strong enough(too weak) to correct it.
The govt has no business subsidizing dollar for importers whose activities weaken our currency and promote capital flight among others.