₦airaland Forum

MONEY247:
We complain too much in Nigeria

illicit:
If you really think there's a Nigerian politician somewhere that will make life better for you

U must have severe headache

LordAdam16:
New York Times
August 13, 1982

Reagan demands end to attacks in a blunt telephone call to Begin (Israeli PM)
https://www.nytimes.com/1982/08/13/world/reagan-demands-end-to-attacks-in-a-blunt-telephone-call-to-begin.html

The bombing stopped less than 6 hours later.

There is beef and there is whatever the f*ck Netanyahu is doing right now.
I cannot condone it.
There was a time when whatever you thought about the US, you believed they had red lines. No such illusions exist today.
The opposition to Israel's continued occupation must reflect this troubling reality.

-Lord

OasisX:


.....Rome ain't built in a day bro. Slowly but surely Nigeria must be great again. No sacrifice is much for the motherland. Next Generation will be proud of the sacrifices we are making now.

raumdeuter:
Spy360 i even have a better deal for you. Just wear Tinubu shirt to Aba market for 1 month and campaign with pictures and video

I can recommend you to be the Vice chancellor of the proposed University

raumdeuter:
Join the Tinubu 2027 train

OasisX:
FEDERAL MINISTRY OF FINANCE ABUJA

PRESS STATEMENT

UPDATE ON DIRECT PURCHASE OF PMS BY PETROLEUM PRODUCT MARKETERS

Following the directive of the Federal Executive Council (FEC) and the implementation of the new Naira-based sales mechanism, the Implementation Committee on the Sales of Crude Oil and Refined Products in Naira, chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun. held its second review meeting on Wednesday October 10, 2024.

The meeting focused on assessing the transition towards a deregulated market structure for Premium Motor Spirit (PMS) and addressing the change in the purchasing model for petroleum product marketers.

Key Update:

New Direct Purchase Model: The most significant change under the new regime is that petroleum product marketers can now purchase PMS directly from local refineries. This marks a departure from the previous arrangement where the Nigerian National Petroleum Corporation (NNPCL) served as the sole purchaser and distributor of PMS from the refineries.

This direct purchasing mechanism allows marketers to negotiate commercial terms directly with the refineries, fostering a more competitive market environment and enabling a smoother supply chain for petroleum products.

Local Production of PMS: With the commencement of local PMS production, the market is better equipped to support these direct transactions. This transition is expected to enhance efficiency in product availability and stabilize market conditions for the benefit of all Nigerians.

The Committee recognizes that there are questions and discussions regarding this change in the market structure. We are committed to providing clarity on this development and will continue to engage with stakeholders to ensure a seamless transition process.

Wale Edun, OFR
Chairman, Implementation Committee
Honourable Minister of Finance & Coordinating Minister of the Economy

seankafor:
Wikes end is near

https://x.com/SenBalaMohammed/status/1844743725651562517?t=N0xJzOEG8AVastFLt023UQ&s=19[/quote]He is losing back to back

He is fighting with judiciary but no body cares about judiciary anymore

BlueRayDick:
The total overhead can never be the same na haba.

Let me give u an example : The bokku mart has bakery in each of their 3 outlets where they roll out bread. While constructing each outlet they will install large heat extractor, buy one soundproof Perkins or Mikno generator etc. If they had just one outlet in that axis they don't need to spend on 3 heat extractor but 1; they also just need to buy a generator that will cost let's say 75m instead of buying 3 smaller ones for 30m each (totalling 90m).

Also their competitive pricing is enough to make people take ₦200 keke to their store and back to their respective homes. Driving from one stretch of the road to the other within which they have all 3 outlets no pass 15 minutes drive for a very slow driver.

Lush100:
Firstly we are blaming Arteta for not getting the players that was supposed to get us a backup player that will sustain the quality even when rotating.

We expected Duberry to stay as Saka back up. O r we get a Bowen for Saka.
We needed a forward and Saka deputy and another midfielder. But he went for a defender and to me all our defenders are almost out.

He sees what he sees.

White, timber, Tomi have been out.
Cala was lucky not to be injured
Imagine the defense crises
Odegard out.
G.jesus misfiring
Saka being overplayed.

But from financial standpoint maybe they needed to comply with FFP rules.

We don't know.
They know hence the sales of players .

Like I said before for the Merino deal to drag until we sold Nketiah I knew we needed to sell to buy.

Now sterling is not a bad buy based on experience and pedigree having worked with him before.
Tomi is not fit. U guys should stop seeing a player just resume training last week to assume that he is fit.
Clearly Arteta doesn't not trust a rookie into defence may be because of playing at the back.

Let give him some.slack.
Lots of players are getting injured.
The medical team may have input in selection based on the current spate of players injury.
For him.to put Partey at RB means Tomi wasn't fit but rushed that I can tell u.

Sterling and G.J need to work.on the fitness and finishing.

Rotation is key .
Yes it dropped our quality but he can't take anymore injuries to our fist 11.

It's not an excuse but a reality.
Many coaches are beginning to voice tbis.
Today Alison injured..

Thankfully we won.
You can look st the cup half empty or half full.
Learning the act to comebacks also important.
My observations
Partey can't play defence rotation.
The international break came st the right time.
Hopefully we don't loose any player.
Partey and jorginho not a good midfield combination.
Both are slow.
Cala needs to improve his defensive game.
G.J needs to be talked to. He is inhibiting our flow.

iwaeda:
You floated Naira and still defending by selling dollars to black market operators to keep the rate to abysmal N1650 per dollar. Truth is that your policy have thrown millions to abject poverty. Nlfpmod, we warned them, he is only a TAX collector.

Omooba77:
The Governor, Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has said that the apex bank under him took the bold step of floating the Naira in the foreign exchange market in order to bring the official exchange rate closer to market reality.

About three CBN Governors before Cardoso had toyed with the floatation option when they faced constant excess demand for foreign exchange and exchange rate pressures. They all abandoned the option due to fear of massive depreciation of the value and the contagion effect across the macroeconomic space.

But Cardoso, speaking for the first time on his journey on the saddle so far and focusing on the turbulence in the financial market following his assumption of office a year ago, explained that the floatation policy was meant to address the disparity between the official and parallel rates which encouraged arbitrage and speculation, eroding trust in the market.

While addressing members of the Harvard Club of Nigeria in Lagos at the weekend on the topic: “Leadership in Challenging Times: Restoring Credibility, Building Trust, and Containing Inflation”, Cardoso recalled that upon assumption of duty, he understood that the credibility of the Central Bank of Nigeria (CBN) had to be the bedrock of the actions he and his team took.


He stated: “Without credibility, no policy, however well-intentioned, can succeed. Floating the naira, a decision met with considerable public criticism, was necessary to bring the official exchange rate closer to market reality. ‘‘The disparity between the official and parallel rates had encouraged arbitrage and speculation, eroding trust in the market.

“Credibility is earned by consistency. The decision to close this gap, while painful in the short term, sent a message to market participants that the CBN was committed to transparency and sound monetary policy,” he added, noting that speculative trading had been reduced, and stability was gradually returning to the currency markets.

While noting that containing inflation remained the Bank’s core mission, he acknowledged that the CBN was yet to meet its target.

However, he stressed that recent declines reported by the National Bureau of Statistics (NBS) in July and August 2024 showed that the CBN was moving in the right direction.


He explained further: “Our decision to raise the Monetary Policy Rate (MPR) to 27.25% was a bold move. Higher interest rates, while painful for borrowers, are necessary to curb excess money in circulation and control inflation. Leadership is about making hard choices to secure long-term stability over short-term comfort in moments like these.’’

https://www.vanguardngr.com/2024/10/why-we-floated-the-naira-cardoso/

BlueRayDick:
How does Bet9ja model work for a grocery store?

Bet9ja are not selling physical goods, rather they are selling a promise to pay you sums of money if you are lucky enough to guess the outcome of football matches. The fact that only few lucky ones can predict correctly outcome of football matches has already made Bet9ja a profitable business before it even starts operation.

Same cannot be said for a grocery store business in this current economy. They are selling physical products which they will need to rely on the amount of disposable income available to their would be customers in this hard times. The fact that they need to pay a number of staff salaries, fuel their big diesel generator, pay various forms of government levies and even engage in CSR out of the little profit they make from selling goods a little above cost price is enough to put a hole in their pocket.

Now the major profit they can make is on the volume of sales they can make. Having 3 outlets within the same axis and expending the same cost in each of the 3 outlets seem like a very fooolish business decision from where I stand. Why not maintain one outlet and then use marketing and customer service to drive large volume of sales from that single outlet?

Sportsweb:
HEZB CHIEF NASRALLAH- ELIMINATED

SUCCESSOR 1- HASHEM SAIFUDDIN - ELIMINATED (72hrs)

SUCCESSOR 2- AMIN AL SAYYID- ELIMINATED ? (36hrs)

Yet to be confirmed by the @IDF

ISRAEL masterclass in war against te₹₹or continues ..

HEZBOLLAH leadership compromised to the core

BlueRayDick:
It appears Israel is on a mission to ensure that when October 7th anniversary is done, none of the perpetrators, their allies and sympathizers will have anything to celebrate.

Instead, they will spend the day in nursing their pain, anguish and bitterness.

Even here on naiaraland, u can see that those who were celebrating and mocking Israel after the October 7th attack in solidarity with Hamas have either been swallowing their L or forming disappointment in the various terrorist groups Israel has been pounding in the past few weeks

iamoyindamola:
k

iamoyindamola:
You really know nothing about FPL
No point explaining to you

daveP:
Not him specifically. But rotation as deem fit. Normally, if Odegaard is fit, he's the go-to choice for UCL undisputed.

germaphobe:
Someone even said something about mentality, as if fighting back to win with 2 goals after loosing a 2 goal led is mediocre. Leicester
keeper and the stat for shots can answer all that.
Ya gazie.

Fkforyou:
I don’t understand. You want to compare Newcastle game with Leicester? Really? When has Leicester being competitive.

No one, no even Leicester will come to the match hoping that Arsenal don’t beat them. What’s your point?

Like I said, Leo already admitted their goof, Arteta just re emphasized what Leo said.

What we are saying is that Arsenal shouldn’t come into games and midway into the game lose focus on the objectives making opponents get back into the game because thats the most logical step they would want to take.

iamoyindamola:
Bros you no they read to understand at all
Turner is a backup keeper, if he was at arsenal there's no way I will get him because I know he won't get a chance or I can't have more than 3 arsenal players in a squad
Where did I advise arteta about turner

mostob:
Havertz ke... I saw more of Wilshere in him sha. Those driving runs eh.. 👌

Godjone:
Under this useless tinubu there will never be free or fair elections. If the revolution begins, we should start it first with INEC.

INEC is just one useless organization that has lost relevance and credibility. Useless organizations

iamoyindamola:
Because turner is useless and the price is good for a useless keeper
I have exhausted my funds on other departments
I never knew a day will come Raya won't keep
Now I can't sell turner because without selling another keeper because I can't get a replacement keeper for such amount

johnjunior39:
The kind of passes he was giving was more like Odegaard and Iwobi than a Havertz.

That first goal , the build up( Havertz can never )

Sportsweb:
If Arsenal do half of Man City exploit in EPL or Madrid in Europe, I don't think rival Fanbase will exist.

Bunch Of basketmouths with nothing to show for it.

I used to think Man United or even Chelsea are noisemakers but this arsenal are on another level.

Liverpool that won the league and fought Pep for 5 years never made this much noise

Shegzdave:
Some of them no Dey troll with sense at all

daveP:
If is what you used there. And I'm happy you used if.

If is probability. We can continue to use if till Game week 33 and then start wondering why we fall short. The technicality of a natural is way way different from what any of our forwards offer. A Fernando Torres moment was all we needed yesterday to make city cry in pains, but we have no striker. Allll our possession won from city at the left back spot where GM and Co were all ended up useless because GM doesn't have sense and 2ndly because that was the plan all through. We could have done better. Yes goalscoring may not be our problem, but a 9 will make us win games way way earlier and out of nothings and that's why I'll continue to demand for one. The fall out of Auba with MA is not going to make me overlook that.


If the fallout didn't happen and Auba was an integral part of consequent setups and we are still getting several goalscorers, that will be >>>> than now.