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Politics › Re: To Those Who Think There Is Still Fuel Subsidy by thesolutions(m): 1:09pm On Jan 04, 2024

lexylaw40:
the nnpc remains the sole importer of petrol into Nigeria and that's it. Any independent marketer that wants to do so are also free to import. But they will have to source for their own dollars at the official rate, which is the same rate nnpc is getting its dollars. Pls enough of all this conspiracy theories that holds no water. Its better if we can all work together for a better day

So from which bank is NNPC getting it dollars from. NNPC doesn't source for dollars. They sell our crude and use the proceeds to import fuel. As it stands now, NNPC has borrowed dollars from customers that buys crude oil from them. They are going to be supplying crude oil to the company free until they have completed the debt. What this means is there is no more dollars until they have cleared the debt. But you are still young to understand. You will grow up one day.
If some tell you that something you liked is not good, it doesn't not mean the person hates you. Try to ask others about that thing to have wider opinion.

Politics › Re: To Those Who Think There Is Still Fuel Subsidy by thesolutions(m): 11:56am On Jan 04, 2024

abdeefggh:
Explain the systematic subsidy and let us know when and how they paid for it

The systemic subsidy is the systemic fraud in which only NNPC has the sole right to import PMS using foreign exchange earned from sales of products under their control. What this means is that they fixed their own exchange rate different from rates on the parallel market to keep the price fairly stable. They sell these forex to selected accomplice known as major marketers so it will appear that NNPC is not the sole importer of Petrol. By so doing, The government is shortchanged of the forex accrued from transactions carried out by NNPC. This is why it has become difficult for other marketers to import PMS at a landing cost of 95.7 cents (Approximately N1,080) and sell at 60 cent (N630) using rates from parallel market.

What this means is if Individuals are to import fuel and sell to the market, the price according to the current exchange rate would be between N1,200 to N1,300. If you are not seeing subsidy, it is not my fault.

Why are people not seeing any hope for the naira? It is simple. NNPC is sharing the forex they are earning for import of PMS creating forex drought for the government. The government on it own is mopping up available Forex from individuals making it difficult for people to take these forex to the bank. They will rather sell to the highest bidder outside the banking hall than let the government know that they have possession of forex. The government is not ready to cut it excesses and so the worst is yet to come. The cosmetics will soon wear off and the naked urgly face of the economy will be exposed. No one wants this. But this is the fact of how things are.

Politics › Re: To Those Who Think There Is Still Fuel Subsidy by thesolutions(m): 10:06pm On Jan 03, 2024

abdeefggh:
Federal government made it clear that they are not paying for subsidy and there is no budget for it.
Now to those who think there is still subsidy, i want to ask them if they are the ones paying for it

There is fuel subsidy. Until you understand why the prices of Diesel, Kerosene and cooking gas is higher than that of petrol, you won't understand the systemic subsidy.

7 Likes

Romance › Re: I'm In A Mess Help Out Please by thesolutions(m): 12:15am On Jan 01, 2024

And this is the first post of the year 2024.

I reject this on your behalf.

9 Likes 1 Share

Family › Re: Pls Help Me I Have Anger Issues by thesolutions(m): 3:30pm On Dec 31, 2023

Giftedhand47:
I have a chronic anger problem I've tried not to get angry and overlook things but this demonic spirit will just do his thing
Pls help me i really need tips from Nairaland family.don't know I may get help here . Thanks

This anger issue you are complaining about might just be what has been keeping you all this while. Don't let go of it. You only need to control violence and not anger.

Politics › Re: Reprisal Attacks In Plateau (very graphic content) by thesolutions(m): 8:28pm On Dec 28, 2023

paramakina202:
Plateua people don grow some balls and made Fulani taste their own poison.

That is false news. There was no reprisal of any kind. The OP is a paid criminal attempting to justify the killings.

Politics › Re: Reprisal Attacks In Plateau (very graphic content) by thesolutions(m): 8:27pm On Dec 28, 2023

triple996:
A silent reprisal attack have taken place across the northern part of plateau state. The victims are all fulanis. What's disturbing about the report is that women and infant make up most of the numbers. It's so unfortunate how human lives have turned to sport in the country. President tinubu have a long way to go.
the major problem now is that the fulanis will come back to settle the score and the circle of violence continues
Lalasticlala
Mynd44

https://m.facebook.com/story.php/?id=100004073150850&story_fbid=3324213434391062

This a paid false information.
I will ask seun and the mode to take it down and caution the fake news merchant.

Travel › Re: Beware Of Phone Browsing History When Traveling by thesolutions(m): 1:20pm On Dec 28, 2023

Update to criminals

Phones › Re: Am I Making A Mistake? by thesolutions(m): 10:20am On Dec 27, 2023

Valerieee:
My dearest Nairalanders I need your help and advice.

A little background about myself. I am a young girl of 21. Studying at one of the prestigious universities in Nigeria and currently in 300L. Is it weird that I have zero to no social media presence like people of my age. People look at me like I'm crazy when I tell them Its been years I visited my Facebook and Instagram accounts, I find it boring and not interesting atall. I don't even have the apps on my phone anymore though I still have the passwords but zero urge to visit those sites. I still take pictures, infact I love taking pictures but I just store them in my google photos, no urge to share on social media at all. Sometimes I share on my Whatsapp status which has my family (Mom, Dad and siblings) alone as contacts. My roommate thinks am making a big mistake and may not get a good guy as a partner since I also rarely go out. I really wish I can change and post more or even become more active on social media but I just love my privacy and being anonymous.

Please those who are more experienced on these things should advice me, am I losing so much by being invisible Online? Offline I am very outgoing and have no problems communicating with people and friends but Online is something else.

April

Food › Re: Looks Like My Sweet Corn Is Fake. by thesolutions(m): 10:05am On Dec 27, 2023

Romanoff:
So my Husband got a hamper this Holiday season and there was sweet corn inside of it. I was happy I wouldn't need to buy one to make fried rice.

Fast forward to when I stated cooking, something prompted me to check the container well since fake goods are trending and to my surprise, my sweet corn might be fake.

The word "Preservatives " isn't spelt correctly.

E dakun, what do you think?

Not Nigerian fake.

Christianity Etc › Re: Will God Answer This Lady's Prayer? by thesolutions(m): 3:00pm On Dec 24, 2023*

If you do not know, you should not judge.
No one on the background in the church. It is obvious this is the prayer that gets instant answers. Prayers offered unashamed and undistracted from the heart.

1 Like

Romance › Re: Can Someone Please Confirm Please? by thesolutions(m): 1:42pm On Dec 22, 2023

I can not confirm this now. I am too far from the room. May be the person below is closer to the room.

Politics › Re: Antisemitic Contents Will No Longer Be Tolerated On Nairaland by thesolutions(m): 5:50pm On Dec 21, 2023

able20:
Because the Igbos are also connected with the Jews if the Jews take down Nairaland, we should blame the Igbos, they are the Jews we have in Nigeria.

The Yorubas are more Israeli than the Igbos

Nairaland General › Re: Nairaland Is Partially Back; A Work In Progress by thesolutions(m): 11:54am On Dec 21, 2023

Seun:
Dear Nairalanders and Advertisers.

Nairaland's server was taken down by our host's abuse team because of an abuse report that wasn't attended to on time.

After rectifying the error, we brought the server back for a few minutes, but they decided to take the server down again. Since then, we haven't heard from the abuse team, yet the support team keeps insisting that only the abuse team can help us.

So we had to transfer Nairaland to a temporary host in order to bring it back to you. A VERY time-consuming process. We are not fully back, even though most features of the site are working. We still have a long way to go. Additional downtime is likely; don't let it alarm you.

There's a lot more to say, but I have to go back to work to ensure that our return is permanent. Please forgive us for the stress we caused. We appreciate the love and support that you showed us during the ordeal. Nairaland is too important for us to let this happen again.

Best Regards,
Seun Osewa.

I have not tried all the features to know what is not working but I am sure it works better than before. I can now access Nairaland with my VPN on unlike before that it keeps refreshing the cloudflare intrution page. I believe that was the error that took it down in the first place...

Politics › Re: CBN And Anti-people Policies by thesolutions(op): 12:56pm On Dec 16, 2023

Lovemeharder:
CBN and bad leadership is a threat to our lives.
Nigerian's are going through alot this period.

They are trying to control money in circulation this festive season. Money that has lost value. This is a great height of cluelessness. If our naira has value, you can manage 20k. Now you have to transport yourself to the Bank every day if your daily expenses is above 20k or you use other payments options. But now that they have created the tension, the banks won't be seeing deposits again so they are still caged by CBN and won't be able to meet up with the 20k daily limits .
YOU CAN NOT CLOSE YOUR ACCOUNT WITH YOUR BANK And THEY Pay YOU CASH. They can only transfer to other bank that you have or no money for you.

Politics › CBN And Anti-people Policies by thesolutions(op): 10:17am On Dec 15, 2023

The year is winding up but CBN seems not to understand what the people are facing. They are still introducing policies that are crippling the economy in the name of fixing the economy.

First, they have forced banks to limit daily withdrawal to 20,000 and 50,000 naira daily for individual and corporate account holders respectfully.

They are unifying the BVN so it is used to carry out transactions per individual. What this imply is that you can not play smart by withdrawing from different account or banks to exceed this daily withdrawal limit.

They have instructed banks to introduce a very high charges to customers using banking hall to carry out transfer transactions from their individual savings account just to force them make use of mobile transfer options. This has made front tellers of these banks to be more arrogant to customers just because they want to make transfers and obtain a receipt. This attitude also affects those trying to check their balance while in the banking hall. These are uncalled for.

While most banks are daily loosing customers to mobile money/microfinance/business banks like Opay, Palm pay, moniepoint, Kuda and their likes, the commercial banks arrogance has not been tamed because they are the only institution with right to receive deposits. But this policy of daily limit will see the banks shot of deposit transactions because people will make use of the alternative which is going to POS Operators who source their funds from private businesses by offering them interest that banks can never give.

The implications of this is that CBN has deliberately shifted the pressure from commercial banks to business owners. This will increase the painns of the masses as the wealthy will always have their ways and business owners won't feel the cash crunch.
In essence, CBN is increasing the volume of unbanked money in circulation in attempt to regulate physical cash inflow. This is bad.

Again, greedy commercial banks are going to embark on another sacking spree because the volume of daily transactions from their banking halls will fall. This still will not improve the economy that CBN is trying to save with cosmetic approach.

Just like the EFCC chairman has said, it is not wise to shut down a business built with proceeds of corruption. It is not wise to destroy ships and vessels and crude oil recovered from oil thief. Neither is it right to destroy drugs and consignments from illegal routes, the CBN should not see the wealthy as enemy of the economy with all these policies targeted at the rich which later fall on the masses.

The CBN should rather advice government on cutting taxes and harassment so that people can invest their wealth. While it is good to control the amount of physical cash in circulation, when people are forced to keep hiding cash because of this policies of limiting cash withdrawal, the economy suffers and the CBN would print more money to cover the shortfall.

The CBN should float the cash. They should introduce a very high denomination of currency so that those who intend to hide physical cash or looted cash will keep them in high denomination so that people can do their daily business. These monies are piece of paper.

1 Like 1 Share

Food › Re: Remove Only One From This (pix) by thesolutions(m): 12:53pm On Dec 14, 2023

50JBL:
I would remove only one

Yes. One fish. The rest is going no where.

Politics › Re: Die If You Like , The Dollar Will Keep Rising Against The Naira !!! An Opinion by thesolutions(m): 2:59pm On Dec 10, 2023*

eddie7:
right
Die if you like , the dollar will keep rising against the naira !!!
Oni Gbolabo

People in Government must read and heed these:

1. Appreciation and depreciation of currency is not related to race or color. It isn't who is the President either; be he Hausa ,Igbo or Yoruba. It is basically about the production of goods and services and the demand of your products in the world market. A confused country that produces almost next to nothing will never meet up. Policies only control your currency, not the value of other countries' currencies against yours.

Not true. Policies regulate how foreign currencies earned by the government is used. This means government places value on the foreign currency it earned.

2. A country where over 500 industries died within 30 years must be stupid to complain of depreciation of her currency. We keep killing local industries and expect policies to make it up, it's a joke sir. Don't use China as an example of depreciating currencies and strong economy. China produces and may attract more export with that strategy, unlike Nigeria that produces nothing.

Companies that are unable to improvice to lower cost of production is surely doomed to shut down when competitors are able to achieve this. China has been able to lower cost of production in Chinese currency. Again, China has been able to achieve self sustenance and so they can devalue their currency to export excess product to earn foreign exchange from countries that are in need of cheap sub-standard products.

3. A country where someone made away with $2+billion simply to be shared , is already a doomed one in terms of monetary policy and value. A country that produces a Dizeani and a Bafarawa , who spent billions to appease demons. Those money without economic value is an economic waste and poison injected into the system.

No doubt that corruption is a menace. But the two you mentioned are lesser thieves than the alot of other government officials.

4. A country that favours importation over local production is doomed because it creates employment for other countries while sacking her own citizens. Some people are working in Michelin and Dunlop somewhere, yet we use the tyre here. Don't tell me about the principle of comparative advantage here; it's not applicable.

5. A country that exports all raw materials without adding value to them, is shameless to talk of depreciation of her currency, and will later re-import finished products of those materials, is the peak of daftness. A bag of cocoa will go for, like N1 million naira, but when it is processed, its worth is around N7million. Even farmers who produced the raw cocoa can't buy the end product....chocolate!!

6. A country that deliberately operates a banking system that gives loans to importers at the expense of local industries , is doomed and should say nothing about depreciation. Most of the loans are given to senators and representatives not industrialists.

7. A country that give loans in billions to the agric sector without monitoring & evaluation of such loan on how it gets to the real farmers, is a sham. A guy collected over N2 billion agric loan, he bought a jeep, built a nice house and used the rest to import processed pork. Meanwhile, local pork farmers are dying here. Is that not double tragedy, stressing forex and at the same time killing local industries.?

8. A country that spends more on few privileged politicians at the cost of the populace who are unemployed , should not talk about money depreciation. A country that keeps paying NNPC staff N10 billion as salaries every month, when a single drop of petroleum products was not processed ,should shut up about depreciation of currency. The only value-added product to the system is rising crime and criminality !!

9. A country where it is difficult for investors to register businesses because of the demand fir bribes by governent officials. Right from the airport to the hotel; to the ministers and to governors, investors will bribe. All these are part of cost of investment. A friend brought an investor on estate development just for the state Commissioner for Lands to demand 30% of the investment ! To see the governor in a state will cost you N2 million as bribe before you can be scheduled. This is a state as poor as anything.

10. A country where the cost of travelling for treatment abroad by govt officials will build world class hospitals, should not talk about naira against dollar parity. Money taken on that trip is part of stress on forex. Same as forex spent on pilgrimage. Let religion fanatics keep off me here. Without going to Mecca or Jerusalem, you can still make heaven. Yes! You waste forex on pilgrimage and later talk rubbish about forex. Pilgrims get dollars for N160 while industries get it for N350 ! Is that not crazy ?

11. A country where a
few people have access to federal reserves and those few can get loans, not because of what they can produce but the connection they have... Is that country not doomed already?

12. A country where we import what we produce because it's "cheaper" to do so, is doomed.

13. A country that has arable land and teeming idle youths but still complains of hunger, should not talk about currency depreciation. It's not only annoying but nauseating.

14. A country where free money flows can never control inflow and outflow of forex. Imagine someone who wants to hide his loot went to "Aboki ", the forex dealer , to buy dollars worth $50 million just to hide it in the basement of his house. That money has no economic value , yet it deprived those companies that needed it to import raw material. The same companies go to "Aboki " to buy the hard currency at exorbitant price.

15. A country where a strong bank owner can influence shares from within the Stock Exchange floor to inflate their shares' worth from N20 to N150, crash the same share to N30 and ready to buy it back at N28, all within a year. Forget it, the currency will never appreciate in such an economy.

16. A country where banks are involved in round-tripping and inflated cost to siphon money, is doomed. A company wants to import caterpillar worth $50,000. A bank made the forex for such import $550,000. Meanwhile no caterpillar was imported at last, yet the money faded into private accounts. Who strained the forex exchange rate in that case?

Let's think and reason well for the future of this country.

#copied[/quote]No foreign currency has value more than it is demanded.

Health › Re: I Don't Know What To About My Sperm Count by thesolutions(m): 2:41pm On Dec 10, 2023

Let me report the makers of those drugs to NDLEA. They are advertising a regulated drug illegally.

Politics › Re: Nigerians Angry With Govt Officials Over High Cost Of Living, Shettima Admits. by thesolutions(m): 9:51am On Dec 10, 2023

Miracle4325:
You must be joking
We are enjoying it over here in the north

Who dash this one phone?

Politics › Re: Nigerians Angry With Govt Officials Over High Cost Of Living, Shettima Admits. by thesolutions(m): 8:27am On Dec 10, 2023

Especially for us in the North.

Food › Re: I Cooked Beans Within 32 Minutes! by thesolutions(m): 11:55am On Dec 08, 2023

You mean 1 hour, 32 minutes.

Just say this is how to save gas while cooking beans. tongue

233 Likes 16 Shares

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 3:38pm On Dec 07, 2023

linearity:
Are you saying this based on a factual actual Country that you know of or based on your ignorance?

In developed worlds court convictions are public records and anyone can access it, you don’t even red to be a company to do that. The only exception are juvenile convictions that are sealed.

That is why if you commit a crime in developed countries it will be difficult if not impossible for you to land that your dream job, because the company’s HR would pull a background check on you and they will get all your criminal history.

As a result of this unemployment among those who have completed their prison sentences, the government of many developed countries in an effort to help reabsorb ex-convicts back into society and to help reduce the chance of fall back into crimes, give companies certain incentives e.g. Tax breaks, special treatments, etc if they hire and retain ex-convicts.

Though Baba Osho did not mentioned names, those in the know, know that he is referring to Chinese Companies. Their Government give these companies incentives in China to hire these people and they hire them and ship them to Africa to work this way if they fall back into crimes, it will be the host Countries eg Nigeria and not China that would bear the consequences.

There is a difference between prisoners and ex-convict. While I perfectly understood your view of government trying to integrate ex-con to the society, government can not take such steps for prisoners who are serving their terms. If any government would do that for anyone, it is usually under mutual agreement for the convict who is probably a government asset and they do that by giving the beneficiary a new identify. Understand this and rest. Prisoners and ex-convict are not the same and the topic mentioned prisoners and not ex-convicts.

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 1:28pm On Dec 07, 2023

linearity:
Apply some wisdom!

Western countries and China have good criminal databases and any person behind a keyboard with an internet access can look criminal records of anyone in those countries whereas that is not possible with Nigeria.

In most of these countries these information are public knowledge.

No company can have access to inmates without it government consent and no government will release an inmate to a company without providing new identities to the inmates. So if new identities are given to such persons, how do you look it up given that you can only see what the government want you to see. So baba is working with here say even if it is 100% possiblity of truth.
No government will release an inmate to another country without providing them with new identities.

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 12:10pm On Dec 07, 2023

SoNature:
NIN is the unique national identity of Nigerians. The only thing is that Nigeria isn't organised.

At this point, I think NIN should include both new babies. After all, babies have Nigerian passports for traveling outside the country.

If anyone doesn't have NIN, they are considered fugitives, foreigners or criminals or be arrested.

NIN, just like BVN, is only a unique number that is used to hold information about someone. It only holds some basic information about a person. It can not tell where you are or weather you are alive or dead. How many times has police repoted of people burnt beyond recognition. Can NIN be of any help in this regard?.

There are people with double NIN, BVN and passports. So don't go there.

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 12:00pm On Dec 07, 2023

JagabanBorgu:
Nigeria have data base for number of people living in pôverty, u swallowed that because it doesn't bode well for the country, Nigeria has data base for people living with HIV in different states, u accept that.
U are steewpid if u think Nigèria doñ't have data base.

Nigeria will give you an estimate of anything and not the database of anything. And those estimates are not even near correct. So your fantasy of Nigeria having a database of anything you mentioned is imagination of a daft

There is a difference between a country and a company. China is a country and will not release inmates from prison to a company to work as expatriates in foreign countries. If they deliberately engage a company in such deals like the FBI does, they will give the inmates new identities under oath.
So your fantasy world of having access to inmates database of other countries online is an imagination of a daft.

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 11:59am On Dec 07, 2023

Lanre1st:
Which evidence do you want him to show to prove an open secret (Chinese were known for that), he only hold the company name for diplomatic reason

There is a difference between a country and a company. China is a country and will not release inmates from prison to a company to work as expatriates in foreign countries. If they deliberately engage a company in such deals like the FBI does, they will give the inmates new identities under oath.
So your fantasy world of having access to inmates database of other countries online is an imagination of a daft.

Politics › Re: Oshiomhole: Foreign Prisoners Are Working At Construction Sites In Nigeria by thesolutions(m): 10:04am On Dec 07, 2023*

No evidence.
How can Nigeria have information on foreigners when Nigeria does not have data base of it own citizen.
Na so some personel japa from north east while the command declare them killed by boko haram and buried empty coffin.

65 Likes 12 Shares

Romance › Re: Emotions by thesolutions(m): 9:13pm On Dec 04, 2023

Don't confuse emotion with desire.
Desire is what you intend to talk about.

Webmasters › Re: Closed by thesolutions(m): 6:12pm On Dec 03, 2023

VAPatrick:
I appreciate the help, but you don't even know what I want.

ok. I heard organic and traffic and thought it is something every blogger should know. My bad.

Webmasters › Re: Closed by thesolutions(m): 3:22pm On Dec 03, 2023

VAPatrick:
It's a blog. Whatsapp if interested.

Also, unquote my number. I don't want people contacting me after I have closed the thread.

I wanted to implement something on the blog for you to verify if it is what you are looking for. None the less, I am not looking for work. just wanted to do what I did on mine.

Webmasters › Re: Closed by thesolutions(m): 2:58pm On Dec 03, 2023*

VAPatrick:
The title says it all.

Whatsapp:

what is the site

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