₦airaland Forum

Jiang:
patience, And they are enough tomato paste factory to supply Nigerians. well i only used fresh tomatoes over here in the north. But there are still some tomato paste we people dey sell for shop. though diffrent companies but all made in Nigeria. i Belive they deserve a chance

Most of these companies import Tomatoe concentrate and the taxes have been increased from 5% - 50%.

Our government have no atom of sympathy for the poor.

Soon now Tomatoes will be expensive because it'll be out of season soon and the few ones will be mopped up by tomatoe paste manufacturers ( Erisco and Dangote).

Infact i don weak for naija matter aswear

NubiLove:
more items like these are going to banned in subsequent months... it is inevitable.... FG is trying to reduce the demand for the dollar for importation.

They are stupid.

If they really want to reduce the demand for dollar, why not deregulate the downstream sector of the petroleum industry, privatise the refineries and kickstart this their modular refinery plan. In fact if they really wanted to reduce the dollar demand, this administration would've done this eons ago (on 30 - 5 - 2015).

Even a toddler knows that petroleum products are the main things that places a major demand on our forex reserves.

This is just to appease a few powerful men

Threebeardemon:
Unless you are team marvis or Bally.

#TeamTBoss

fitzmayowa:
You know what to do to help break the "jinx" this week as regards the former...

Voting with SMS has started bah. One wouldn't have to wait till Wednesday to start voting?

fitzmayowa:
Simply click on the voting icon and copy the url and paste it on UC browser, then you will be able to vote, I had the same issue and that's what I did...

Thanks it worked.

RaggedyAnn:
That's great. Yes, it's 100 SMS /SIM card. They've refused to let her rest o! But we've got her back.

I having problem voting with my wechat.

It's another week guys

No retreat

No surrender

We triumph still


Vote TBoss - 32052

If they go ahead with this plan and Ibaka deep seaport sees the light of the day under PMB, then this administration has won me over.

I have a question. Will Dangote and the financiers ( which may include all the power brokers in Nigeria)of his refinery allow this plan to come to pass ?

Alajiki:
Check the history of Nigeria and IMF well...it's always been like this. If there's anything IMF is known for, it's pro-devaluation. They attack economic policies left right and centre to lower credit risk rating and discourage would-be lenders.

While I agree with you that the current forex regime is not sustainable, I want you to know that what government is doing now has to be done. It's a risk worth taking while hoping for an improvement in international oil price and at the same time cheking our dependence on oil and importation of consumer goods.

Nigeria is a peculiar and very funny country whose citizens derive more joy in sabotaging her economy. You can imagine demand for PTA only to take same to the black market. Even Nigerians have started opening "schools" in Spain and other liberal European countries just to issue fake admission letters out to fellow unscrupulous maniacs to access Form A and bring same back to the parallel market. ROUND TRIPPING CARTEL.

On the current forex regime, I stand with Buhari.


.

Chief IMF is our only hope of getting cheap interest loans since we don't want to make the hard decisions.

IMF polices worked with other countries so why is Nigeria different. Will you want to give loan to someone that doesn't want to cut down on his extravagance livestyle? Won't you tell that person that before you give him loan he must change your lifestyle and you must see how he intends to pay back?

As things are now we have no choice. Oil price is heading south. US shale has made nonsense of the OPEC cut,there is oil glut and Trump wants to drill oil anywhere oil can be found in US.

We need IMF now more than they need us. In Fact they don't even need us sef

Abagworo:
Devaluation is very vital for improvement in local productivity. The recent moves that has seen the Naira continuously appreciate against international currencies is not supported by me. Naira should be devalued to at least 1000 to a Dollar.

I agree but 1000 to a dollar is too much nah

Ballmer:
Are the 5% filled with love for Buhari ? Where is the fairness in your assertion ? Why must Buhari be forced to love the 5%. ? 5% or Buhari we all have the right to love whoever we chose. Buhari does not owe 5% ethic group any love. Let them show love before love in turn is shown to them. To hell with them if they have no love to give yet believe they are entitled to being loved.

Because he's the father of the nation.

As a father you show love to all your children whether they're doing well or not. Stubborn or not you show them love. That is also known as Emotional intelligence and that's what Buhari lacks. AEvery good leader in history has Emotional Intelligence.

Meanwhile you forgotten that Buhari started showing the Igbos hatred immediately he was sworn in as shown in that interview in USA where he divided Nigeria into 97% and 5%.

No matter the hatred for Igbos, Igboman still thrives. To God be the glory.

perfectcrush:
Did you actually watched yekini play? Or you just heard about him, if you watched him play, you wouldn't have compared Iheanach to him. That guy didn't joke with scoring goals

Yekini made his debut in the 80's. He wasn't popular than but he honed his skills and blossomed in the 90's.

Forget that Nacho plays for a big club, he still has time on his side.

For those saying he missed chances, maybe Guardiola benching him has affected his confidence.

YonkijiSappo:
In your desperation to defend ineffectiveness, you are blundering.
External reserves fell drastically because Jonathan usurped everything to fund his failed second term campaign.
He was busy distributing raw dollars to stakeholders in different regions around the country.... [/b]it had nothing to do with hi defending the Naira[b],.

Do you know how much $$$ SLS spent just to defend the naira. Sanusi spent billions of dollars defending the naira.

Just Google it. I remember a story about how cbn spent over $26bn defending the naira in 2013.

Both parties distributed raw $$$ during last election.

Edited 2:45pm

ivandragon:
its simple logic...

the FG is pumping more money into the forex market & its only natural that reserves drop.

the problem here is that PMB's Social Media Idi*ots are too daft to know that this was the same scenario in the [/b]past that led to the depletion of the reserves coupled with massive payments on subsidy[b].

Exactly.

Billyonaire:
Buhari!

The Anti-Corruption Czar.

This is so embarrassing.

Imagine if Amnesty sends this to CNN, BBC, Aljazeera, etc.

BBN apart from being entertaining reality show is also a platform to showcase your talent to the world.

Ebuka the presenter is a product of BBN

Uti is a product of BBA

Vimbai is a product of BBA

A Ghanaian tailor that later got married to a Zimbabwean fellow hosemate, used BBA to tell the whole of Africa that he's a tailor.

These guys used Big Brother to kick start their careers in the entertainment world.

Nobody would've known Bisola, Uriel and Debbie rise had talent if not for BBN. I'm after the show, there musical and acting careers may blossom.

Please its not by force to watch BBN. If you don't like it, change channel and watch your TBN, DAystar, etc.

Whats all this childish holier than thou criticism of BBN sef

People are shouting that Buhari's administration is "one chance" but I beg to differ. Rochas Okorocha is the original "one chance".

Analyst actually knew that Buhari would be bad (maybe not this bad cos PMB even exceeded their expectations) but no analyst, prophet, native doctor, etc foresaw how bad Rochas administration turned out to be.

Rochas is the original one chance

This Dr should simply throw away his DSTV decoder and also his certificate if he doeant know how to use his Parental guidance button that's in his remote control.

Nigeria

mrjadek01:
the only person I think he can do the job from north now is Atiku, we have alot candidate from west, amosu,ambode ,fayose, south south, wike and former governor of delter and akwa ibon, but north I trust only Atiku for now

Likewise me.

Why? Because he's preaching about restructuring Nigeria.

Let's not even talk about corruption here because Nigerians have no problem with corruption. The only problem we have with corruption is if the corrupt person is not from our tribe.

Obijackson bu gini? HEAVY ONYE NKU.

maasoap:
I finally watched "Live by Night ". Good story, 8 over 10.

Please if you downloaded it, kindly tell me the site.

Thanks

At least he has a WAEC certificate.

Infact even if he presents a NEPA bill, he's still better than ......

Flyingngel:
Nigeria Army is something else. They are only good in guerrilla warfare, i doubt we have trained Snipers here.

We do

Nice one.

I'm so impressed with the licensing of illegal refineries. This will make businessmen to buy Modular refineries, reduce the damage being done to our environment and reduce/stop our dependence on importation of refined petrol products. Will the FG deregulate the downstream petroleum sector when modular refineries start production?

But this shouldn't stop the passing of PIB by NASS. PIB should be passed ASAP

Nice one.

I'm so impressed with the licensing of illegal refineries. This will make businessmen to buy Modular refineries, reduce the damage being done to our environment and reduce/stop our dependence on importation of refined petrol products. Will the FG deregulate the downstream petroleum sector when modular refineries start production?

But this shouldn't stop the passing of PIB by NASS.

Seems like Minna is now a mecca for Nigerian politicians

Akshow:
There are some things that are simply unexplainable. Efe is one of such. Aside the stunt he pulled on stage when going in, nothing special about him. He can't sing, he can't rap (actually he should consider comedy cos rapping ain't his calling), can't dance, not out spoken etc. But somehow he resonates with Nigerians who celebrate mediocrity cos he keeps saying he is poor as if big brother house is a salvation army. Sadly, he will win

Brother i'm not understanding again too.

Maybe someone with big cash is sponsoring him. Buying loads of recharge cards and paying social media influencers to drum up support for him.

InyinyaAgbaOku:
Igbos are united

United

Watch how a child will come and say that Flavour is Anambra and not Enugu.

Just watch

I ask again what has this man achieved since he joined Customs?

WHat has he done that his predecessors didn't do?

Did he simplify and computerize the clearing process?

Has he been able to stop the legendary corruption that has been going on in customs for Ages?

What has he done?

IamaNigerianGuy:
You are on point.

The Premium Times story, the leaked memo and Magu's non confirmation are related.
Recall also IBB's statement about the PDP returning to power and his meeting with Dickson.
Then there is also the interview granted by Junaid Mohammed earlier in the year.

What we are witnessing are the first shots being fired at PMB in preparation for replacing him in 2019.
From now on, it will be crisis upon crisis, intrigues and plotting, until the INEC blows the whistle for campaigns for the 2019 elections.

The PMB regime is dead but unburied; common Nigerians will suffer the smell of its decaying corpse.

I couldn't agree with you more.

Even a northern politician rcently said that Buhari's presidency is over. We'll have to wait and see if he's correct.

Race to Aso rock 2019 has already started.

komodapson:
pls what do we, Nigeria stand to gain from western Saharan, afterall is a desert and what do Morocco stand to benefit also or are benefitting from western sahara. thanks

We'll lose more if they join ECOWAS. Their economy is more advanced than ours.

As we're still trying to develop our manufacturing sector, power and transport so as to compete in the international market especially ECOWAS, Morocco will flood west Africa with its products before Nigeria even gets off the bed. I can assure you that Igbo traders will flood Nigeria with made in morocco goods that'll be cheaper than made in Naija.

Now i read yesterday that Tunisia wants to join Ecowas too.

Next maybe Algeria or Egypt.

These guys are looking for market.

We stand to gain nothing from western sahara but we will lose more if we allow Moors (& Tunisia) join ecowas that i can guarantee.

The only upside is that we'll be able to go to a beautiful country without visa

"Two former leaders of the country, told PREMIUM TIMES, speaking on strict condition of anonymity, that Mr. Buhari had lost control of his government and should consider overhauling his administration, after the State Security Service again blocked the confirmation of Mr. Magu, brushing aside the President’s clearance in letter to the Senate in January".

This is the main issue here.

That's why El rufai leaked his memo.

That's why the Senate can say they're not rubber stamp.

The Principalities and powers in Nigeria are no longer comfortable with the cabal(s).