₦airaland Forum

iLegendd:
I have written some unpublished articles in my "wake me when Sept. ends vacation," but each time I want to post it, I just lose interest. Lemme blame it on laziness.

I wasn't even keeping up with this thread. Whatever has happened since I left, I have no idea. But it seems I'll be active in Oct.

Though, I have been keeping up with Ben and Steve and they've been doing a great job. Never missed any of their videos.

The greatest investment is your health. The second greatest is your brain/skill and the third is called GLE-BOSS — the king of inflation hedging assets.

Gold
Land (for farming and real estate)
Eth
Btc
Oil
Sol
S&P500

The GLE-BOSS is your best investment to hedge over depreciating fiat in every country. Dollar self dey lose value at times, so it's not only Naira, but Naira is worse.

Even if GLE-BOSS goes down during recession or "Western war," 4-8 years later, it MUST go up in value — guaranteed, especially Gold, BTC and land. Every man deserves to own or be a GLE-BOSS as part of his legacy.

See you in Oktoba.

I have been looking for this since. Had to quote it because to me it is like the continuation of the previous post Ilegendd made moments ago.

Beautiful write up. This is an eye opener. As young people, we have to take wealth preservation seriously. Many people spend their vibrant years working and investing but in the future, they discover that what they've save up has depreciated a lot. Information like this is life changing. If only I had been so hungry for such knowledge a few years ago, I would have been far ahead in life.

iLegendd:
The Evolution of Nigerian Pounds to Nigerian Naira and Exchange Rates

Starting from 1940 (before Nigeria gained independence), the Nigerian currency and its exchange rate against the U.S. Dollar evolved through significant changes, primarily due to shifts in Nigeria’s political and economic landscape.

Here's a summary of how the exchange rate developed from 1940 to 2024:

1940-1960 (Colonial Era):

Currency in Use: The Nigerian pound (pegged to the British pound sterling) was the official currency.

Exchange Rate: As Nigeria was under British rule, the exchange rate followed the British system. The Nigerian pound was equivalent to the British pound, which was relatively strong.

Around this time, 1 British pound (₤) was equivalent to around $4.03 USD.

1960-1973 (Post-Independence):

1960: Nigeria gained independence and maintained the Nigerian pound, still pegged to the British pound.

Exchange Rate: 1 Nigerian pound = 1.03 USD at independence.

1973: The Nigerian government introduced the Naira, replacing the Nigerian pound.

1 Naira = 2 Nigerian Pounds = 2 USD (approximately).

1973-1980:

Nigeria enjoyed an oil boom during the 1970s, making the naira strong relative to the U.S. dollar.

1973-1980: The naira was almost at parity with the dollar.

1 NGN = 1.52 USD at the time of the naira’s introduction.

By the late 1970s, 1 NGN = 0.65 USD (strong naira).

1980-1990 (Structural Adjustment and Decline):

Early 1980s: Oil prices began to fall, weakening Nigeria's economy.

1981: 1 USD = 0.61 NGN (the naira was still strong).

1985: 1 USD = 3.30 NGN.

Mid-Late 1980s: Due to economic reforms (including a Structural Adjustment Program), the naira was devalued.

1986-1990: 1 USD = 5-9 NGN.

1990-2000:

Throughout the 1990s, the naira continued to depreciate sharply.

1994: 1 USD = 22 NGN.

1998: 1 USD = 85 NGN.

By the end of the 1990s, the rate hovered around 85-100 NGN per USD.

2000-2010:

The early 2000s witnessed more economic instability and inflation.

2000: 1 USD = 100 NGN.

2008: 1 USD = 130 NGN.

2010: 1 USD = 150 NGN.

2010-2020:

The naira depreciated rapidly during the 2010s due to oil price crashes and economic instability.

2014: 1 USD = 164 NGN.

2016: Following a currency devaluation by the Central Bank of Nigeria (CBN), 1 USD = 315 NGN.

By 2020, 1 USD = 360-380 NGN (official rate), while black market rates were around 450 NGN.

2020-2024:

The naira weakened further due to the impact of the COVID-19 pandemic, inflation, and declining foreign reserves.

2021: 1 USD = 400-500 NGN.

2023: Official rates were around 1 USD = 750 NGN, with black market rates crossing 900 NGN.

2024: The exchange rate has reached around 1 USD = 1200-1600 NGN in official markets, while parallel (black) market rates ranges from 1500-1950 NGN at some point.

Summary of Key Exchange Rate Milestones:

1940-1960: 1 British Pound = $4.03 (Nigerian Pound followed).

1960: 1 Nigerian Pound = 1.03 USD.

1973: 1 Naira = 1.52 USD.

1985: 1 USD = 3.30 NGN.

1990s: 1 USD = 85-100 NGN.

2000s: 1 USD = 100-150 NGN.

2016: 1 USD = 315 NGN.

2023-2024: 1 USD = 7500-1600 NGN (official) / 1500 to 1950 NGN (black market).

These changes reflect Nigeria's transition from a colonial economy, oil dependency, and the effects of inflation and economic mismanagement.

With the above, have it in mind that $1 to ₦2000 is eminent and doubling it from ₦2,000 to ₦4,000-₦5,000 is just a matter of 2 decades or a new disaster or another bad leader assuming office.

So, with this, you can easily predict the future. Be a GLE-BOSS for your sake and the sake of your children, grandchildren and generations ahead. That is the only way to protect your money.

Even the Dollar is not safe if you're judging its price against gold or BTC. Now, let's talk about gold and BTC too.




The historical relationship between gold and the U.S. dollar has evolved significantly over time due to changes in monetary policies, global economics, and the shift away from the gold standard. Here’s an overview of the Gold vs. U.S. Dollar exchange from the 1940s to 2024:

1940-1971 (Bretton Woods Era):

1940s: The Bretton Woods Agreement was signed in 1944, establishing the U.S. dollar as the world's reserve currency, with its value tied to gold. Under this system:

1 ounce of gold = $35 USD.

1950s-1960s: Throughout the 1950s and 1960s, the price of gold remained fixed at $35 per ounce, while global currencies were pegged to the U.S. dollar.

Gold Standard: The U.S. held large gold reserves to back the dollar, and other countries could convert their U.S. dollar holdings into gold at this fixed price.

1971-1976 (End of Gold Standard):

1971: President Richard Nixon ended the direct convertibility of the U.S. dollar to gold, effectively abandoning the gold standard. This decision, known as the "Nixon Shock," allowed the dollar to float freely in the global markets, and gold prices were no longer fixed.

1971: The price of gold rose from $35 to around $42 per ounce.

1973: By this year, the Bretton Woods system had fully collapsed, and gold prices became market-driven.

1973: Gold prices reached approximately $65 per ounce.

1976: The official price of gold was completely decoupled from the dollar.

By 1976, gold traded at $140 per ounce.

1980s (High Inflation and Price Surge):

During the late 1970s and early 1980s, the U.S. faced high inflation and geopolitical uncertainty, leading to a surge in gold prices.

1980: Gold prices reached an all-time high of approximately $850 per ounce due to the Iran crisis, inflation fears, and a weakening dollar.

However, as inflation was brought under control and the U.S. Federal Reserve raised interest rates, gold prices declined throughout the mid-1980s.

1985: Gold prices settled at around $300-$400 per ounce.

1990s (Stability and Decline):

During the 1990s, gold prices remained relatively stable as global inflation was low, and the dollar strengthened due to robust economic growth in the U.S.

1995-1999: Gold prices ranged between $250-$300 per ounce.

2000-2010 (Bull Market in Gold):

In the early 2000s, gold began to rise again, fueled by global economic uncertainty, rising inflation concerns, and a weakening U.S. dollar.

2001: Gold was trading at around $270 per ounce.

2008 Financial Crisis: During the 2008 global financial crisis, gold prices surged as investors sought safe-haven assets.

2008: Gold prices reached approximately $800-$900 per ounce.

2010: Gold hit a new all-time high as global economic uncertainty persisted post-recession.

2010: Gold traded at $1,400 per ounce.

2011-2020 (Record Highs and Fluctuations):

2011: Due to the European debt crisis, U.S. credit rating downgrade, and inflation fears, gold reached a historic high of $1,900 per ounce.

2013-2015: Gold prices retreated as the U.S. economy recovered and the Federal Reserve indicated a return to higher interest rates.

2015: Gold fell back to around $1,050 per ounce.

2016-2020: Gold prices rebounded again due to geopolitical tensions, trade wars, and the COVID-19 pandemic.

2020: Amid the pandemic, gold reached a new all-time high of $2,070 per ounce in August 2020 as global uncertainty pushed investors toward gold.

2021-2024 (Post-Pandemic and Inflation Concerns):

After peaking in 2020, gold prices saw some fluctuations but remained elevated due to inflation concerns, Federal Reserve monetary policy changes, and global uncertainty.

2021-2022: Gold prices ranged between $1,700 and $2,000 per ounce.

2023-2024: With continued inflation pressures, a strong dollar, and global geopolitical issues, gold continues to trade near its high levels, fluctuating around $1,800-$2,000 per ounce.

Summary of Key Gold Price Milestones (per ounce):

1940s-1971: $35 (fixed under the gold standard).

1971: $42 (end of the gold standard).

1980: $850 (inflation and geopolitical tensions).

2000: $270 (low during economic stability).

2011: $1,900 (European debt crisis).

2020: $2,070 (pandemic-driven uncertainty).

2023-2024: $1,800-$2,720 (inflation and geopolitical tensions).

This timeline shows the historical shifts in the value of gold versus the U.S. dollar, moving from fixed rates under the gold standard to the modern, market-driven price fluctuations.





The history of Bitcoin (BTC) vs the U.S. Dollar (USD) showcases the evolution of the world’s first cryptocurrency, its massive price fluctuations, and its rise from an obscure digital asset to a global financial phenomenon. Here’s a breakdown of Bitcoin’s price trajectory relative to the dollar from its inception to 2024:

2009-2011 (Inception and Early Growth):

2009: Bitcoin was created by the pseudonymous Satoshi Nakamoto. In its early days, Bitcoin had no market price since it was primarily mined by enthusiasts.

The first recorded Bitcoin transaction occurred in 2010 when a programmer, Laszlo Hanyecz, paid 10,000 BTC for two pizzas, now referred to as "Bitcoin Pizza Day."

Price in 2010: At this time, Bitcoin was worth $0.0008 USD per BTC.

2011: Bitcoin crossed the $1 mark for the first time in February.

By June 2011, Bitcoin reached $31 USD, but a sharp correction followed, bringing the price back down to $2-4 USD by the end of the year.

2012-2013 (First Significant Rally):

2012: Bitcoin saw steady but modest growth as more people became interested in cryptocurrency.

By the end of 2012, Bitcoin was trading around $13 USD.

2013: This year marked Bitcoin's first major bull run. The price spiked due to increasing adoption, media attention, and the launch of exchanges like Mt. Gox.

By April 2013, Bitcoin surged to $260 USD, but it quickly dropped to $50-60 USD after a crash.

Later that year, in November, Bitcoin had its first real parabolic rise, reaching an all-time high of $1,200 USD before crashing again due to regulatory concerns and the collapse of Mt. Gox.

2014-2016 (Mt. Gox Crash and Bear Market):

2014: The year started with Bitcoin around $800-1,000 USD, but after the Mt. Gox exchange was hacked, Bitcoin's price dropped sharply.

For most of 2014, Bitcoin traded between $300-500 USD.

2015: Bitcoin slowly recovered as the crypto space stabilized after the Mt. Gox fallout. However, it remained in a prolonged bear market.

Bitcoin ranged between $200-400 USD for most of the year.

2016: Bitcoin saw steady growth, driven by increasing adoption and interest from institutional investors. The halving event (when mining rewards were reduced) also helped push prices higher.

By the end of 2016, Bitcoin was trading around $900 USD.

2017 (First Major Bull Run and Explosion to $20,000):

2017: This was the year Bitcoin truly went mainstream. A wave of retail and institutional investment, along with the launch of initial coin offerings (ICOs) on Ethereum, fueled a massive bull run.

By mid-2017, Bitcoin had reached $2,500-3,000 USD.

In December 2017, Bitcoin hit an all-time high of around $19,800 USD, before crashing as the bubble burst. By the end of 2017, it had fallen back to $13,000 USD.

2018-2019 (Bear Market and Recovery):

2018: Bitcoin entered a bear market after its meteoric rise in 2017. Throughout the year, the price steadily dropped, reaching lows of around $3,200 USD by December.

The price fluctuations were fueled by concerns over regulation, exchange hacks, and general market instability.

2019: Bitcoin began to recover after the 2018 crash, driven by renewed interest in blockchain technology and digital assets.

Mid-2019 saw Bitcoin rise to around $13,000 USD, but by the end of the year, it had dropped back to $7,000 USD.

2020 (COVID-19 Pandemic and Bitcoin’s Rise to $30,000):

2020: The COVID-19 pandemic significantly impacted global markets, but it also fueled Bitcoin's rise as investors turned to it as a hedge against inflation and economic uncertainty.

In March 2020, Bitcoin briefly dropped to $4,000 USD during the market crash, but it quickly recovered.

By the end of 2020, Bitcoin had surged to new all-time highs, trading around $29,000 USD.

2021 (Bitcoin's Boom to $69,000):

2021: Bitcoin experienced an explosive bull market driven by institutional investment, mainstream adoption, and increasing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs).

In April 2021, Bitcoin hit a new all-time high of $64,000 USD.

After a correction, Bitcoin rallied again and reached its all-time high of $69,000 USD in November 2021.

2022 (Bear Market and Market Corrections):

2022: After its highs in 2021, Bitcoin entered another bear market due to rising inflation, interest rate hikes by the Federal Reserve, and general risk aversion in global markets.

By mid-2022, Bitcoin fell to around $20,000 USD.

In November 2022, the collapse of the FTX exchange and a general decline in the crypto market pushed Bitcoin to around $16,000 USD, marking the bottom of that year.

2023-2024 (Post-Crash Recovery and New Developments):

2023: Bitcoin began to recover slowly as the global economy stabilized and more institutional investors entered the space. Concerns over inflation, regulatory developments, and the halving event expected in 2024 drove positive sentiment.

By mid-2023, Bitcoin was trading in the range of $27,000 to $35,000 USD.

2024: Bitcoin’s price continues to experience volatility as the next halving event approaches and global market conditions remain uncertain. As of early 2024, Bitcoin trades around $30,000 to $40,000 USD, though this could change significantly in response to macroeconomic trends and crypto adoption.

Summary of Key Bitcoin Price Milestones:

2010: $0.0008 (first recorded price).

2011: $31 (first significant rally).

2013: $1,200 (first parabolic rise).

2017: $19,800 (end of the first major bull run).

2018: $3,200 (end of 2018 bear market).

2020: $29,000 (pandemic-driven bull run).

2021: $69,000 (all-time high).

2022: $16,000 (post-FTX crash).

2024: $30,000-$74,000 (current).

Bitcoin’s price trajectory has been marked by extreme volatility, influenced by technological developments, investor sentiment, global events, and regulatory shifts.

I know the post is long for some people but I don't give a shiet. That's why some of you make millions and end up in the gutters after a few years. Research you no go gree research. Somebody research write for you, to read na problem. Nonsense. Them suppose tie some of una waist join big log of wood, throway una inside ocean.

This is too good to be lost. This is an eye opener. I wish you could make this a book and send the link for people to download. I will storm the site to place an order asap.

Please sir, post what you want to post. Don't break it into any part for the sake of any bagger. Who no fit read, make e getout. Do you thing sir. You do enough work to compile these facts in such a beautiful way. Avoid trying to spoon-feed some illiterates.

Those who want to be ignorant and broke throughout their natural lives are free to skip and scroll to the next post.

Why will you name a state Ogun? I think that's a terrible name. That state should be named Abeokuta instead, not the city. The capital city can be named something else. Abeokuta is the historic name associated with the area.

Why will you flood the first page with all that history?

Is this government serving the world bank or the people of Nigeria?

OgogoroFreak:
I love bitcoin

"Alt season" my butt

Enjoy your 4x in peace.

SINisSIN:
it is always like that for any coin Binance wants to delist.

Scary

I have never seen such a long red candle in a day like this. Top-notch manipulation.

I just love Tiwa Savage. Very beautiful woman.

crackhouse:
I am happy she saw what the world is doing with their time and not showing bress

The world is also showing bress. Leave her jare.

Such a beautiful write up. You're an amazing writer. I particularly love the emphasis on the clean and cool air at that time. It's so satisfying to the lungs and the skin.

BarrNosaEsq:
I try to help as I can, it's not easy out there. I blame our balls less military for all this I swear. When the army was army, Tinubu cup for don overflow since that time wey him buy that jet. At the moment, it's safe to say that we don't have a military because dumb leaders have been toppled for way less than this!

Bro, the military seem to have been bought.

Nigerian leaders make governing seem like rocket science. It's not that hard. Just don't be greedy with public funds and don't let power get into your head. Let go of it when you sense you're no longer needed.


On another note, it seems we can't even agree on what the problem is. Some say tribalism, but how do you solve that problem? That is not one that can be solved. The good news is that it matters less to the situation of the country.

If that's what you feel the problem is, look for a way to fix it for the good of everybody. It is impossible and even if you succeed, you might not see the result in your lifetime, but you can still try.


For me, we just have to instill fear in the hearts of the leaders and they will come back to their senses.


If you follow American politics, you will realize that the assassination attempts made Trump a little more compassionate. He became more humble. I stand to be corrected anyway.


Still, if I have my way, I will plot an assassination attempt on every major leader at the helm of affairs in the country. Not to kpai them, but so they will know that they're not untouchable. An oppressor will never willingly let go except they are forced.


I think I am a kind person and will not naturally nurse such thought. I want peace, to work, and enjoy my life to the fullest. But the magnitude of recklessness, wickedness, and incompetence our leaders display with our collective wealth will turn the most peaceful humans to vengeful monsters.


Everyday I turn on the news and its one bad situation or the other. Soon, we will all be dragged into politics in this country when the fire becomes unbearable. Even those sitting on the fence. Even you abroad will not have peace.


This is the last I will say about this matter.

Sorry for derailing this thread. Don't forget to bag Aidoge.

twosquare:
Transport, fuel, food, and electricity, have some connections. If there is good transport system to convey agro produce, electricity (people spend fuel on what they shouldn't to run business), it will reduce cost. PMS is a strong strand in our economy that if you pull it, it affects most things...

That is why I mentioned the 250 billion dollars used to defend the naira till 2014. If it were channelled to those things, removing subsidy wouldn't affect Nigeria much. This shows you did not read the earlier screenshots I posted.

And about an intelligent man...good, but what use is an intelligent man told to use a broken system? Even the intelligent man will call for a new tool to work with so that his intelligence can bring out his glory and dexterity. Ever heard a proverb that one rich man among thousands of pauper is a pauper himself?

A man who has the know-how but is surrounded by idiots will be impotent in his performance and frustrated. If he calls for a change of system and 10000 idiats say No, what will he do?

Idiats can easily kill an intelligent man and no one will remember him for his intelligence.

Perhaps in your view, you think Solomon was foolish when he said:

I realized another thing, that in this world fast runners do not always win the races, and the brave do not always win the battles. The wise do not always earn a living, intelligent people do not always get rich, and capable people do not always rise to high positions.


There is something else I saw, a good example of how wisdom is regarded in this world. 14 There was a little town without many people in it. A powerful king attacked it. He surrounded it and prepared to break through the walls. 15 Someone lived there who was poor, but so clever that he could have saved the town. But no one thought about him.[c] 16 I have always said that wisdom is better than strength, but no one thinks of the poor as wise or pays any attention to what they say. 17 It is better to listen to the quiet words of someone wise than to the shouts of a ruler at a council of fools.

Na experience.

Nigeria has the council bolded
Wise men.
People who could have saved it

But council is more than....if you don't get it, forget about it.

Your words are deep and inspiring.

Ironically, I get happy sometimes that Peter Obi lost the election. If he was the president, I feel he would have been bullied out. Like they did to Jonathan. A single candle in a dark and foggy forest cannot defeat the darkness. The roots of corruption runs deep into every system in the country from the legislature to the Judiciary, police, and inec, among others.

So sad to imagine but the entire system needs to be torched and that is not a job for just any good person. I feel only the military can achieve such a goal and instill such discipline.

twosquare:
Tribalism is small. I always laugh when Nigerians view it through the prism of tribalism as what is bedevilling the nation's progress. If that is it, then you know nothing about geopolitics and the nature of the world.

A Jew will always think about his self-interest first, and you cannot separate people from their identity. If you want them to vote for you since you are not from their group, you have to pander to their ideals and worldview. It's like wanting Arewa to vote for you and you are saying you see nothing about rearing pigs in Kano; let's forget about our identity. Forgetting that Islam is the political currency of Arewa in Nigeria.

Tribalism is not bad. What is tribalism? Tribalism is just loyalty to one's tribe. Full stop. And that is okay. And those who have not constructively used it in history either go extinct or bear dire consequences. I have no problem with an Arewa man preferring his people first before me. That's life. It is when we don't get what we want that we cry foul, but sometimes, stop to think, why? Well, he will prefer his own person because people are not comfortable with change.

What Nigerians are actually calling tribalism is more of nepotism.

And this goes beyond friends and family. Even people of another tribe. An Igbo man may prefer his Yoruba friend more for a position than his own Igbo brother because maybe they have some kind of shady history or something like that, even when he knows that he may not be capable for the job, and vice versa.

So, the spectrum is broad. About Tinubu, @crazymommy, know that it is not only Yorubas who supported him. He also got votes from other geopolitical zones. Yes, some Yorubas may say they will vote for him because he is one of them, and they have the right to do so because he will make them feel among and have a sense of belonging to the Nigeria project. Others in the Yoruba circle may support him also because they have a better chance of getting contracts when they pander to his ethnic identity.

Politics is all about self-interest...and the APC guys, Akpabio, etc., know that. There is not even a guarantee that if the other two candidates enter presidency, things won't turn this way or even worse. We can only say "maybe...maybe". I am not a time lord who can view different alternate realities. Nigeria's greatest mistake was Buhari (whoever reads, let him see the attached) because the damage done by him will take a miracle for any presidential candidate to reverse. Yes, the present one supported him, but politics again is about self-interest, and Buhari did bad.

Nigeria's problem is not tribalism. It is the structure that does not work, which is used to run the country. When the engine is bad, even the car will shut down every two minutes along the road.

Was there not "tribalism" (even though I don't like using it because it is a demeaning colonial construct) in the 60s in the regions, yet no one could come close to Awolowo's achievements?

We should rather understand our differences rather than forget them. A properly defined and structured country along ethno-linguistic federalism in Nigeria should alleviate our problems. No good structure...nothing. Babel is chaos...let everyone know their place...then come together to negotiate what they want in the project.

As "beautiful" as globalists are in Europe and America, opening up their world to us, there are some nucleus they will never allow you to touch if you are not part of them. The Jews will attest to it (I won't talk much).

Nigeria's time bomb they have been shouting all these days has already exploded; now we are seeing the aftereffects. If you like put Obi there, Atiku o, another one wey better, nothing will work because the devils that are feeding from the dysfunctioned system are gatekeepers and they can fight to the death to keep it that way. They are principalities of another order who are men. See how ordinary fuel turn to soap opera.

Upgrade the lock and security systems if you want less break-ins. They know what to do; they just don't want to.

Cc.Superpack589

YEBO bros, Yebo.

Tribalism is dismissible in the grand scheme of things. I wish those folks can see that. I didn't want to delve deeper into it because it's a waste of time and it's not a huge part of the problem. But that did not stop me from looking up a few data from the 2023 election even though I don't believe it reflects the will of the people. According to data available, Tinubu was voted by Northerners as well as those in the Niger Delta region and the South West. And even though we've not been in democracy for long, we know that in the past, other tribes have supported candidates not from their regions. Clearly, the majority of Nigerians are smarter and are above tribalism.

As you have rightly put it, the structure that has been put in place does not work anymore. But I want to add that there are few elements who have continued to service that structure to the detriment of the masses. These leaders have to go down with it.

In my opinion, a simple fix will be to cut the head of the snake and let its body rot away. The challenge is that this particular snake has many heads although they can all be targeted at the same time. Unfortunately, we don't have ambitious military officers out there anymore. They seem to have all been bought or perhaps they have become too agreeable.

Castigate me all you want but I think another civil war or military regime may not be too far off anymore, because this same corruption and misuse of office by civilians was what led to the previous one. History always repeats itself when people do not learn from it.

SUPERPACK:
Una dey disturb my mention by always mentioning me. Make una use superpack745 abeg o.

Lol. Sorry bros. We dy share this name that's why. E be like say last last, na you go leave am for me o. 😂

jayce232:
God bless u, u have said it all.
The problem with Nigerians is that we are not even sincere with ourselves! Imagine someone still trying to downplay tribalism, when what we are suffering today is directly as a result of tribalism. Mentioning greedy leaders, who put the greedy leaders there? Is it not the people? Let 2027 come, they will still come out to vote him saying he is their son. We are not serious in this country.

It is a problem, no doubt. But not why we are in this mess.

As it is now, even if another person win election, do you think the leaders you have there will declare the person winner? Forget this talk abeg.

EmmyPers:
Bro, preach patriotism from today till tomorrow, the major problem with Nigeria is LEADERSHIP. Getting this right will put right policies in place, right institutions, check tribalism, corruption governance et al. Again without the right policies and enforcement, employers are able to milk out employees in the name of casual staffing with no clear direction for career advancement. Individuals control prices at their will, “all” of our police force are following and protecting private citizens abandoning their core duty of enforcing law and order. There’s a lot that I could have highlighted… but I trust you get what I’m saying.

Most importantly, if you’re an active participant in school politics or even as an onlooker, seeing the antics of most students leaders you’ll understand that everyone is just waiting for their time not to only have a bite of the National cake but to carry everything, in essence the future is still kinda blurry.

If you’re not part of the rich getting richer due to bad governance, I’ll advice you shine your own path for now. Be like @Chichaka, the man of many firsts in his family. Have it in mind to return to contribute your own quota to develop the country at the right time.

Well said. Leadership is the problem. Not tribalism, not religion. It is leadership. Without a good leader, things never work out. The decay flows from the top to the bottom.

So, Crazymommy, I disagree with you. Tribalism will never go away unfortunately. Saying that is the problem is an insinuation that the country will never work because you can't separate people from their tribes. Of course, people need to be enlightened to think outside the fog of tribal sentiment but you can't fault them because of who they vote for and say that is the problem of the country. Na there their sense reach. People vote for different reasons. The man may have helped some of them in the past, you never can tell. No one cares.

The average Nigerian does not care weda the president na nupe or ogoni. We just want good leaders who are accountable to the people. We have them bad that's why things are this way. Is it tribalism that has made fuel expensive or the anti-people policies of the government? Was it tribalism that devalued the currency? No. It still boils down to the leaders, starting from the president himself.

I think we need to set a pattern for our leaders to keep them in check.

Prophetkelly:
What personal changes, contributions, or developments have you made during your years of being a Nigerian/living in Nigeria?.

You can't be so committed to Nigeria in words like this without any visible impact/actions from you.

At least I'm not running away. In due time, I believe I will make my mark.

jayce232:
I quoted u earlier & stated tribalism was the bane of this nation, u quoted me with greedy leader being the cause, I just didn't want to respond so as not to derail the thread until I saw this. If u read what the crazymommy lady posted u will notice a very salient point where she stated the tribalism she experienced in Nigeria is worst than the racism in UK. Go read her post again. Many of u trivialize the negative consequences of tribalism, forgetting no nation can experience progress with it. The negative effects of tribalism is bigger than corruption, becos it makes people to put square pegs in round holes & makes them protect their own, even when sth is wrong.

A country where people will always vote for their own, even when it is glaring such a person is incapable to rule, so long he comes from their region or village, they decide to vote for him, how do u want such a nation to make progress?? People don't vote the best hands, they vote their own, no matter how bad the person is, so long he is from their region, they will vote him. So what do u want the average Nigerian who has an opportunity to Japa to do in such case? To stay back & start suffering for the wrong decisions made by others on the basis of tribalism??

Tribalism might be part of the problem but not the major cause. What of religious and ideological differences? Thing is, multiple things can exist at the same time. Tribalism and religious differences can exist, and the country can still be good for her people. It's possible.

Besides, I think you're overestimating tribalism in Nigeria. It is not as bad as you want to make it look. Yes, many shallow-minded people still think with tribal sentiments but that does not mean the majority is like that. We have been co-existing for centuries even before the North and South were joined together.

I think the problem is greedy and incompetent leaders who do not fear the people they serve. They just feel like nothing will happen no matter what they do. The people have become so docile. You talk about voting, but how sure are you that the publicized election results reflect the will of the people? Even when people from all tribes come up with one voice to vote, a few elements up will still sabotage the process and select their choice.

Nigeria can work. We just need to hold leaders accountable. People should have the mind to go after leaders that misuse office. By the time many of them kpai follow body one by one, any one wey enter position go use am well. Nigerian leaders do not fear the people they serve that's why they rule recklessly. Because them feel say nothing go happen. We need to instill fear in the hearts of Nigerian leaders.

Whenever we talk about the situation of Nigeria, some people just bring up the word "japa" as if it is some kind of antidote to solve the problem. Yeah, we should all just run away to greenery pastures and leave our ancestral lands just because we want to live good lives.

And then you're preaching on how good it is to be in distant lands so others can join you over there. So what happens when that place is no longer conducive? What happens when the people there start turning against you after you've imported all your relatives to fight for the scarce resources? You run again to another pleasurable place and continue pursuing pleasure all your life till you die, having lived a meaningless, selfish life that inspires no one.

Sorry to say this but many of Nigerians are so devoid of purpose in life. No ideas, no passion to make change. You just want pleasure, so all you think about is how to run to the nearest paradise. Most of your ancestors were likewise dull, that's why they built their economies on slave trade. It's so shameful that it took the British to forcefully stop the slave trade that they themselves (the British) started centuries earlier. The English people had to enter the open seas to stop it and then made oil palm trade more popular instead. Your ancestors did not want to stop trading humans even when they could do other more lucrative things.

Like you said - many centuries ago, people were forcefully whisked away. Now, you willingly go there to serve as modern slaves, working 3 - 5 jobs daily just to earn money to live well. Like another person rightly said, some even go there without plans and end up stranded and suffer. For God's sake, are our brains wired to be slaves? Are we cursed not to prosper as a race or not to be able to govern ourselves? I don't get it at all.

I talk about what we can do about the deteriorating situation of things in Nigeria, you all kept mute. You heard about japa, and you trooped out, schooling people about how good life is across the seas. Do you not care about your country that's now 64 years old and does not seem to be working?

I don't care where you decide to go to work and make yourself a good life or where you are, but when we talk about the situation of YOUR COUNTRY, bring up ideas that can inspire people to take action and make change. Not just "japa." Wherever you are, be courageous enough to come back to your ancestral land to drive change.

If not you, then who are you waiting for to make Nigeria better? We should all just stop thinking about just running away like cowards.

Regardless, wherever you are, you can drive change in your country. And for you already nursing the idea, take action while you can. If we all contribute our quota, we can see considerable change soon that will make all of you want to come back. Because if e good, una go still troop in massively. Be a part of the solution. Nor dy wait for others to solve the problem make you come enjoy.

If we dy talk about country, chook mouth for the matter abeg. A revolutionary drive can start from anywhere.

seanwilliam:
🫂

A sad reality.

jayce232:
It is a huge mess, but no one is talking about it because there is never going to be a solution to it, so long as tribalism exist. Tribalism is the bane of this nation, nothing is ever going to work because of it.

Nigeria is not the only country in the world with diverse cultures. I feel our problem is clueless and greedy leaders. I think even with tribalism, a nation can still prosper.

Bro, what do we do with the deteriorating situation of things in this country? Naira is on its way to being worthless and it's happening so fast. Why now wey pesin wan start life? Why must it be my own generation?

This is a huge mess we need to start talking about. Why are we all quiet about this?

seanwilliam:
abi nah, since I don stop DCA-ing I no too dey reason the market again and I’m willing to hodl.
Somehow somehow I feel they are trying to shake people off ni, cos how do you explain a coin that moved from 1800$ to 3900$ earlier this year now finding it hard to break 3k for months now. Until I make considerable gains , I ain’t selling shït.

Eth might outperform other alts at the end of this circle sha.
Add the screenshot below to wetin u dey use hold body

Thanks egbon. Na to go print this tweet for wall remain like this so I no go dy doubt.

seanwilliam:
superpack589
Use this one hold body

Thanks. I remain hopeful, although one dime no go enter Eth again from my pocket. Hopefully the bull run begins again proper next week like it did last year. I don taya to dy calculate loss.

I'm exhausted; Especially with Ethereum.

Fastt:
I closed quite a number but never touched my BTC. Closing BTC means having usdt or local currency , neither is better for this unstable macroeconomic.

That been said, the market has a way of humbling ppl. Bull run analysts, bear market analyst. Chart drawers head and shoulders. The shoulder don bend tire .

Anyway, open your eyes now, this is where we find good opportunity. This is not the time to log off your screen. This is the time you lay money , wait for any good opportunity and jump on it. Look around you, ppl are not feeding, if you have cash you can even buy property for 70% off the real price. Is it fair? You know what life isn't fair. It's the jungle y'all. Eat or be eaten! A very civilised jungle! You can't make good money following the crowd. Before buying anything someone is selling, question the person reasons. Some of their hidden agenda is to take your last penny. Shine your eyes

I wan laff die. Shoulder don dy pain the chart.

Chikacha:
Bottomber.

Lol.