Standing5's Posts
Nairaland Forum › Standing5's Profile › Standing5's Posts
1 2 3 4 5 6 7 8 ... 41 42 43 44 45 46 47 48 49 (of 205 pages)
There was no time for the army to switch off lights and cameras I guess. |
November1857:You are so wrong. The north has a manageable level of production and a simpler lifestyle to match. It is you who assume paper printed and named Fadaka will automatically command exchange of goods. That's witchcraft economics or witchcraft at national level. |
Currency strength is actually dependent on productivity. Explanation : If you declare a fadaka currency and claim 10 USD equals one fadaka for a start, well, no problem with that. The problem starts when you need things and as a result of low or zero production of all your wants and needs, try to use fadaka to buy those things you lack by first exchanging your fadaka for USD. The person you approach for that who is losing or about to lose his USD for fadaka currency knowing well that you have little or nothing he will want to buy in the future from you with fadaka, all as a result of low production, will price your seemingly fraudulent paper named fadaka so low, it will barely go higher than the cost of the paper it is printed on. Thats where the weakness begins to show. It will go downward from there if productivity or GDP isn't ramped up to give value to the fadaka. Ask Biafra how easy it is to declare one. Currency is sustained by production. During the war, Biafra had low production, off course as a result of the war. Even before being cut off from direct food supply, the biafran currency lacked strength and only ignorant folks who assumed the buying power of the currency could be fixed valued the money. |
Morónic assumptions. They should go and ask Biafra about their currency and how easy it is to declare and maintain one. They don't know currency strength is dependent on productivity. If you declare a fadaka currency and claim 10 USD equals one fadaka for start, well, no problem with that. The problem starts when you need things and as a result of low production want to use fadaka to buy that thing by first exchanging your fadaka for USD. The person losing his USD for fadaka paper or currency knowing well that you have little or nothing he will want to buy in the future from you, will price you fraudulent paper named fadaka so low, it will barely go higher than the cost of the paper it is printed on. Ask Biafra how easy it is to declare on. Currency is sustained by production. |
Lol. They are. |
Round figures? |
richmond500:Get lost. |
All because of oil money they want more of. We need to restructure this error of a nation. |
[quote author= post=100130913]Rather late than Never.. But just look at What our country is just doing in the 21st century, something we should have built dozens of it since 1957 and especially when we have the highest revenue in oil during the 16 years of looting and stealing. Anything to move our Nation forward is what we are after. Assuming the evil and looting party did something about this refinery in their 16 years of blind looting, we won't be talking about either Rehabilitation or Turnaround Maintenance by now. Our country will not be where we are today if this party filled with criminals just built 2 refineries for us as a nation. The party that even looted money earmarked for their National Headquarters. And the most crazy thing is that their thieves online will never see any thing bad in the party they supported with 16 years of their miserable lives couldn't build just one refinery! Shameless lots that should cover their eyes in shame. Watch the 2 time losers start quoting this post. Hypocrites everywhere ![]() The enemies of the nation hate anything progressive to our darling nation. This is the point where you will be able to confirm that these are people whose concern is not Nigeria's development. Whose problem with Buhari is not performance but personal hatred etc. This is why nothing tangible will be achieved if you engage them in any developmental discussion, when their concern is wotowoto-pettiness.[/quote]Keep shut, Buhari is borrowing billions of dollars to build rail while he tells us there is no fund for refinery that can add value to what runs this fraudulent country. |
For how many thousand barrel per day? |
After seeing that first paragraph, I realized that you don't know what you have until it is gone. OBJ tried abegi |
I hope shekau too is dealt with and not only Dokubo and Igboho because that guy has been declaring Islamic territories since inception of BH. They only claimed to have located his farm. |
naijapips04:Take the ignorance easy pls. |
FatherCHRISTMAS:The consequences too are weighty that's why. How many people do you think will be killed to enter into the realm of billions of dollars if the ones being killed now can only produce hundreds of millions or few billions at most? |
really? |
ZKOSOSO:They should be blamed indeed. The secured half of a SW vote for Buhari. |
Who is behind the killings. Why not tag them bandits too? |
Some muslims are bombing Borno in protest to "western education" and here some are about to destroy kwara just to join "western education". All inspired by the same book (Quran) but they manage to tame the Shiites for their interpretation of the same book. The contradiction in Islam is something else. |
Junk food |
Opening borders doesn't mean you should be import dependent. You can also move your excess production through the borer and earn forex from your neighbours. |
donnie:What nonsense? Are you okay at all? |
NwaIgboBoy:Stop hating on Dangote. Dangote and Ibeto got the same privilege but one preferred importation to local production. |
Wow. The long journey of wise investment about to hit harvest stage. FG could have been the one doing this. |
thebosstrevor1:Before Dangote, there was Warri, PH and Kaduna own. Go to refinery area Warri and investigate properly. Go to PH too and ask. Go to Kaduna and ask well. The land on which the refinery in Lekki is situated is bigger than Ikeja. It is not a road side refinery. Above all, people will live and work almost around the clock inside the refinery. Stop being half smart. |
BlueSparks:Excess tramadol bro is not da best for ya. |
BlueSparks:Before vibrating around, go and study the Warri refinery environment and the Kaduna own too. Houses are all over the place and I wonder where you guys get these crazy ideas from. |
yaki84:DOOkpogs |
Shame on Buhari. |
The govt can withdraw their funds. |
Bauchi gov? |
Lazy youths. |
Originakalokalo:Back your faith with works by eating all your nice foods as you wait on the lord to show up. |
1 2 3 4 5 6 7 8 ... 41 42 43 44 45 46 47 48 49 (of 205 pages)
