₦airaland Forum

989900:
So, if the system is rigged with saboteurs and racketeers, and the CBN whose primary assignment is to stabilize the Naira is implicated for connivance and incompetence, and the presidency too, then we either stick with perpetual pauperization, or change managers and board with our only right as it is: the vote.

989900:
How does the Forex system work?

989900:
This Forex issue will be the undoing of Buhari and APC. As much as PDP's allegations cannot be taken seriously without evidence, the forex fraud is definitely on big time and kicking, and that is a big shame on Emefiele and Buhari . . . same guys that are quick to run their smelly mouth heaping the blame on the people's alleged thirst for foreign goods .

Deen77:
You don't know what you are saying, debt from 17 trillion to 19 trillion dollar. This is a country that just print dollar for the world to spend.

blueto:
It is clear that the ‘97%’ of the political appointments will channelled to the North, while the ‘5%’ will be channelled to the south.

jcross19:
Only one thing this administration know how to do is to blame the past government for their inability and failure the second one is to label the past administration as a fraud when we all know that most of the present administrations officers are from the same corrupted past administration. May God punish this government for inflicting hardship upon masses.

PaulIdu:
It looks like you said something sensible but another look at it will show that you are a very short sighted person

2kurupt:
So going by your theory, you're implying that banning smartphones & probably computers & the internet etc which all aid communication in the open society will put an end to the vices you mentioned.

See how flawed your assumption is?

lawani:
So, take inventory of your forex, which is what you produce that others need. Discount natural resources!. Dont base your calculations on natural resources that foreigners are extracting for you! That would be a shame!

scribble:
News reaching 247reporters suggest that telco firm Etisalat is struggling with deep financial issues as a result of Buhari's economic policies


Some sources within the company said contract staff and vendors to the firm are being owed several months arrears with the management of the telco firm oblivious on how to pay its debts.

Several contractors to the company said anytime they demanded payment from company officials, they would be stalled with no explanation given, save for "oga its bot peculiar to only you".

Etisalat is said to be suffering seriously as one of the stakeholders in the company is a close ally of former President Goodluck Jonathan and was instrumental in his 2015 campaign.

The company is being marginalized by Buhari's government on two fronts, as the subsidiary Etisalat Nigeria has been barred from repatriating profits back to its parent company in the UAE.

OFFICIAL336:
Propaganda is a political tool, an important aspect of modern warfare, there is currently no civil war between the SW and SE, but why the SW have refused to move on even after over 40 years of war is what many are still struggling to gasp.

Though Nigeria is not at war, but one might think the reason for various propagandas is to make sure the SE don't leave the Union. Keeping the Igbos in Nigeria is a struggle for average Yorubas, a war they must win. A war they have carried on their head even more than the Hausa-Fulanis, who even have more to lose in case of separations. This desperation had made them over the years to churn out various propagandas, propagandas the SE had never failed for once to burst, propagandas that had only succeeded in achieving the opposite, cementing the SE collective resolve to seek for self determination and take charge of their political future.

Now, the latest propaganda is arrogantly ascribing to themselves 70% control of the Nigerian ICT industry. A propaganda I have taken upon myself to quash while waiting for the Igbos to lend credence to this.

Below are list of major SE players in the ICT industry. Before I proceed it is worthy to point out an important observation; while the SW tends to have marginal advantage in the number of players in the industry, the SE have the largest market share (revenue). The same way Nairaland has all the traffics and LindaIkeji blog pockets the money.

While some people will question my objectivity because of my connection with the Igbos (throught my fiancee), the facts I present below are verifiable. Am not doing this for my fiancee, but for truth, for posterity and the right thing.

S/N.... COMPANY.... FOUNDER

1. BuyRight Africa. Nnamdi Eke
2. ICT Connect. Nnamdi Eke
3. TD Plus. Nnamdi Eke
4. ICT Brokers. Nnamdi Eke
5. Technology Distribution Ltd. Nnamdi Eke
6. Task Systems. Nnamdi Eke
7. Zinox Tchnologies Nnamdi Eke
8. SidMach. Chijioke Eke
9. Wakanow. Obinna Ekezie
(largest online company in Nigeria and 5th fastest growing company in Nigeria)
10. Find- a Med. Emeka Onyekwe
11. Okadabooks. Okechukwu Ofilli
12, Afrinolly (Fans Connect Ltd). Chike Mmaduegbuna
13. Computer warehouse Group (CWG). Austin Okere
14. IrokoTv. Jason Njoku
15. Socket Works. Alloy Chife
16. InfoSoft Ltd. Pius Okigbo
17. InfoGraphics Ltd. Chineny Mba
18. Progenics Ltd. Anthony Udo
19. Connect Tech. Chris Uwaje
20. CSA. Simon Agu
21. Sasware Ltd. Adanne Onuegbu
22. Innovative Systems. Ernest Agbaenu
23. Allied Soft Ltd. Chuma Ofoche
24. Condata Systems. Chris Nwannenna
25. Para Systems. Paul Nwagbaraocha
26. E- Tranzact Ltd. Val. Obi
27. Icap. Chike Uwangwu
28. E Softies. Nweike Onwuyali
29. LindaIkeji Blog. Linda Ikeji
(Africa No 1 blogger)
30. Crocodile BrowserLite.
(one of the fastest known browser)
I'll continue to update this list with time.

The Yorubas do not only control 70% of ICT in Nigeria, but also 70% of global ICT. Lol

Kingkamal:
That is why they sponsor avengers, but buhari will deal with them as he dealt with Boko boys

Johnnyessence:
the economic downturn is excruciating so hard to the masses, it's not a blessing maybe it is a blessing only to the political class.lalasticlala kindly do d needful fp pls.

Johnnyessence:
I want to thank, and appreciate the avengers for crumbling our oil sector. For so long our mis-leaders only converge to deliberate on resource sharing and allocation. The blowing up of oil pipe line and installations is now helping to remove scales from their eye's to see that a mono economy is doom.I am happy for this development because it will help the neglected sectors to grow.Believe it or not, Nigeria can survive without oil,and will certainly do better without oil.They should not only blow up the pipe line's, let them blow up the oil wells it's a blessing for the growth of other sectors.we have being waiting for this paradigm shift for a better economy.

Debonair01:
THIS IS GOING TO BE THE FIRST TIME I WILL VOICE THIS OUT.

THE PROBLEM WITH OUR POWER SECTOR IS SAME AS ALL SECTORS OF THIS COUNTRY. "THE PEOPLE OF NIGERIA - YOU AND I". THINK ABOUT IT FOR A MOMENT, WHAT SECTOR HAS EVER WORKED IN NIGERIA? OTHER THAN TELCOMS (WHICH I DONT BELEVE WORKS PROPERLY SEF)

WE AS A PEOPLE HAD/HAV A FAILED NITEL, A DECAYED CIVIL SERVICE, I COMATOSE AGRIC SECTOR, A DEAD STEEL AND MINES... YOU CAN ADD YOURS.

IF WE DO NOT CHANGE AS A PEOPLE... ALL WE CAN ACHIEVE IS COSMETIC SOLUTION THAT CANNOT STAND THE TEST OF TIME. THE WAY WE DO THINGS, THE WAY WE THINK, THE WAY WE MANAGE OUR RESOURCES, I DARE SAY WE ARE DOOMED.

Chukzyfcb:
you still don't get it, do you? yes exporters should be making more money but sadly enough its not favouring them, our trade deficit is still in the negative? are you actually reading what I have been writing.
cost of production is high. do you think people arent knowledgeable enough to see the opportunity. moreover oil and gas actor is responsible for about 80℅ of what we export, but vandakism has reduced what we should be getting from it. all thanks to the 97 and 5℅ speech.
if you still can't see that the policies of this govt isn't favourable. then something is wrong with yo. only the banks are recording huge increase revenue quarter on quareter bevause they have been exploiting us through the dubious forex deals. the rest sectors are struggling to survive.

Chukzyfcb:
where are the exporters bro? look our manufacturing firms are losing revenues and closing up shop, multiple taxation , high loan rate of 27℅. inflation on the increase not forgetting the shrinking oil volume as a result of the presidents uncouth sentences. in what way has this govt favoured exporters? tell me pls what it has done so far that has made export increase?

Sijo01:
Madam, why's my comment making you uneasy?
.
.
.
.
Why will a university control the type of phones adult students are to use.

signz:
As for me, huge chumk of the money should be used to develop our infrastructures

Another chunk for industrial hubs in all geo political ECONOMIC zones.

The infrastructures to be built should have a direct impact on the industrial hubs. Example, a deep seaport in either Akwa Ibom or Calabar should be targeted at the petrochemical industrial hub of Niger delta and clothes manufacturing hub of ABA for export to central Africa.

Lets not forget giving grants and single digit loans to the manufacturers.

I am against Government being incharge of any kind of business, it has never worked before and it won't work now

signz:
As for me, huge chumk of the money should be used to develop our infrastructures

Another chunk for industrial hubs in all geo political ECONOMIC zones.

The infrastructures to be built should have a direct impact on the industrial hubs. Example, a deep seaport in either Akwa Ibom or Calabar should be targeted at the petrochemical industrial hub of Niger delta and clothes manufacturing hub of ABA for export to central Africa.

Lets not forget giving grants and single digit loans to the manufacturers.

I am against Government being incharge of any kind of business, it has never worked before and it won't work now