₦airaland Forum

temitope27:
There was no rape and the girl is nt underage abeg release the man

You are not alright all

alizma:
The questions I asked are very clear and require simple answers, stop the history and answer the questions honorably and sincerely.

I have answered, if you don't have the willingness to read the links and understand then I can not help you.

Still I am curious to know why the exchange rate hasn't stopped rising since the abokifx ban.

alizma:
If there is anyone who is foolish here, you are the one. Were you following the fall of the naira before abokifx was stopped from daily publishing, are you in a business that has direct impact of exchange rate(dollar), If yes, how many times have you had the cause to increase your price due to dollar increase since abokifx was stopped from publishing black market rate?


The problem with you guys is that you talk when you are supposed to be listening and learning.
First of all, let me tell you that naira has recovered a little on the black market where abokifx was actively and "ignorantly" stirring the tide against the naira.
Secondly, if the CBN had allowed abokifx to continue the way it was operating, we would have been talking about $1 to 1k by now.
Thirdly, as at the time abokifx was stopped, prices of goods with direct dollar rate effect were increasing on daily basis due to daily increase in the rate as published by abokifx but in the last two, three weeks ago I don't think those importing goods have had reason to increase their prices on the bases of dollar rate but rather, people have adjusted their prices downwards. I am speaking from experience and now I will like you to sincerely and honorably answer the first two questions I asked you.

This shows you have no idea what you are talking about so let me educate you.

One of Nigeria's largest imports are heavy machinery from abroad, you can check the Nigerian foreign trading statistics and see for yourself.

We need these machines to build consumer products and sell them, all your "made in Nigeria" products are made with foreign machines.

If the exchange rate increases, the prices of the machines and their spare parts increase as well, meaning manufacturers have to increase prices to offset the cost of production. Go and ask anyone working in heavy industry and they will tell you the same thing.


The Naira only gained on the dollar because the dollar recently lost part of it's value
https://www.cnbc.com/2021/10/01/forex-markets-dollar-federal-reserve.html

Abokifx is closed so why is the naira still dropping even at the official market?

https://www.premiumtimesng.com/news/top-news/489949-naira-in-another-record-fall-at-official-market.html

Secondly, if the CBN had allowed abokifx to continue the way it was operating, we would have been talking about $1 to 1k by now.

They have shutdown Abokifx now, so why is the exchange rate still increasing? Who will you blame now for the government's stupidity?

defash8:
AbokiFX is one of the speculators, CBN need to still find solution to others. The current stability in parallel market is just temporary, other speculators may soon start after a month or two.

CBN should drive eyeballs to their official page for people to have trust in exchange rates.

I concur other 7 monsters should be addressed AQAP.

The naira is not stable and unless you want to ban everyone from talking there is no practical way to enforce this plan to stop currency speculation.

https://www.premiumtimesng.com/news/top-news/489949-naira-in-another-record-fall-at-official-market.html

This administration has done enough,nobody trusts then anymore. They should just pack up and hand over to the next group of people.

Oyinladephilip:
Penicillin is actually from a microorganism called Penicillium chrysogenum (renamed as Penicillium rubens)

That research aimed at checking if secondary metabolites present in those plants are effective against Antibiotic-resistant microorganisms because recently it has been observed that most of the common antibiotics are no longer working against Antibiotic-resistant microorganisms, that's why nowadays when you're having bacterial infection Doctors will prescribe two different antibiotics for you (just because they know one may not work effectively due to antimicrobial resistance).
Very soon most of these antibiotics won't work again hence the need to divert attention to some medicinal plants that can be used to produce drugs with better mode of action. Although, before these plants can be used for medicine, they will be subjected to toxicology tests and some other essential tests before being used to produce drugs that are safe for human use.
The research is not in any way supporting the use of Agbo (local herbs) because you can't measure their dosage and apart from that, not every secondary metabolite present in those plants are useful, some are also harmful. So the research is just a clarion call to other scientists to see the potentials of those plants in developing drugs that can fight resistant-microorganism.

I confused penicillin with aspirin.

We are essentially saying the same thing, we know plants have medicinal properties but these local herbal medicine sellers don't do any proper research, just hearsay and trial and error.

That's why I am against them.

AntiWailer:
Nobody expected Naira to rise just by shutting AbokiFX down. If you believed that, you are either ignorant, mischievous or just a victim of picking common thoughts on the street.

For Naira to rise, we need to manufacture and export. Reduce imports drastically and reduce our reliance on dollars then the basic Economics of Demand and Supply will kick in on the price.

The problem AbokiFX bring is speculation issues. it is one of the problems and others would be tackled accordingly. There are about 7 other reasons to be tackled.
1. Inflation rate.
2. Interest rate.
3. trade balance.
4. Government debt
5. Terms of trade
6. Political and stability of performance.
7. Recession
8. Speculations.

If you observe the list closely you will discover that the Govt's failure is responsible for majority of them and that is why there is no hope anytime soon. The decision which is a right decision no doubt, at best took care of only item 8. the 7 other monsters must be dealt with.

Many people asked several questions around where AbokiFX get their data from. There was no sensible answer.

Also a lot of people rely on AbokiFX to make decisions on how much they will buy or sell their dollars so let us take an example.

If AbokiFX continues operations and all of a sudden post #750 to 1 dollar (recall we don't have any logic behind the price they post), thousands of people who use AbokiFX to av an idea of how much they will sell will definitely not sell at 450 right ?

Even if people say they are mad, they will not sell cos they believed if AbokiFX says 750, it is likely close. The refusal to sell automatically impacts supply while the demand for dollars keep going up, price will definitely rise at a rate not steady.


Please note that this is highly intellectual. I will try and reply every mention.

If u don't understand, I can forgive you but if your response is only insult because it is too much for your capacity to think, i can also forgive you but will likely ignore you.

I agree it is not every time posts would be interesting like Squid Game or Tonto Dike vs Kpopo.

Look at all the clowns I quoted who said abokifx was the cause of our high exchange rates and shutting them down would fix it.

https://www.nairaland.com/6806158/one-month-after-abokifx-shutdown/2#106805006

AutoReportNG:
You call this dumb? If only you knew the havoc abokifx is doing you will celebrate this move.. Next is shut down the website

alizma:
You don't know how their action can work against the CBN measures to bring the rate down.
About 80% of the people using the black market get information on the rate from their site, now that BDC has been stopped, it is illegal for them to continue to post rate for the business they are not allowed to run again but unfortunately this guys can use their platform to create artificial rise in the rate which will eventually create rush among the buyers and before you know it, the artificial rate becomes the actual rate on the street (black market).
The only rate that should be publish is the bank rate, whatever you get your own outside is your own business which you can share as an individual but not as an organized body.

lwisee:
Good move, most people sit behind their laptops, check the exchange rate on abokifx before giving you quotations.
The next thing you hear is 'Oga everything is expensive now ooo
Even 1 dollar is now N560 I swear, you can check abokifx'

Government need to shutdown the website as well.

All these foolish people supporting nonsense how far?

Oyinladephilip:
No bro.. I worked on something related to that recently..... You can see a copy of the article titled:
"Antimicrobial assay of methanolic extracts of selected plants on Antibiotics-resistant Escherichia coli" on Quests Journal... Volume 7 issue 9
http://www.questjournals.org/jrps/current-issue.html

So you took concentrated extracts of antimicrobial compounds found in plants and compared them to other drugs.

Some worked some didn't, but this is already an established field of science (penicillin is from plants).

The difference between this study and what counts as "herbal medicine" in Nigeria, is the so called "herbal medicine" practitioners don't put their products through this kind of scientific rigour but make bold claims about the efficiency of their products.

They also don't warn about the toxicity and potential side effects of taking their drugs.

At least you brought an actual scientific paper this time.

[quote author=Partteen post=106798153][/quote]Scientific evidence is why most of you didn't die at age five.

The drugs they sell at the pharmacy already come from plants, but they were made by people who went to school not fast talking scammers.

Power struggle within another power struggle. Things are getting interesting.

shaybebaby:
I don't know about all of them but I recall when I got food poisoning ( on holiday) and can't remember what meds I was prescribed but three weeks after returning home, I still had recurring stomach pains.

Mentioned it to my mum and she gave me some herbal infusion. Well the food poisoning happened 13 years ago, not only did it sort me out, never had one since then.

Food poisoning is caused by contaminated food, you went on holiday and ate contaminated food, if you stay away from contaminated food you won't get food poisoning.

Herbal medicines are still trash.

Partteen:
I beg to disagree totally on this assertion. I have taken herbal for 5 years now without any orthodox medications whatsoever and I have significant results. Organic herbal works on the source of the disease and clears it out completely. I caught covid and with my herbal supplements alone taken on empty stomach with just herbal tea and honey for energy. The next day I was at my duty post with just metallic feeling in my mouth. This was monday, by friday I lost my sense of smell and taste and that was why I knew it was covid. Subsequently with dizzy spells, I took another supplement that dialates the arteries for free flow of blood which also enhances oxygen flow.....that was the end of the symptoms completely.

The organic herbal nutrients work best on empty stomach. With recommendations for other health conditions, I have had several testimonies.

The brand is expensive not cheap ......gold is more valuable than its imitation. Take it or leave it.

I'm not reading all this nonsense, where is the scientific evidence for herbal medicine?

Covid-19 gives mild to no symptoms for most cases so claiming herbal medicines saved you from the disease is ridiculous.

It's always personal stories from patients who never went to the hospital for a proper or have mild illnesses that will be resolved with bed rest.

I also have personal testimonies about how they ruined patient's livers and pregnancies.

PraisesPblaze:
1. I heard it's not good to take drugs with MILK.

2. Heard that one can drink intravaneous injection liquid and it will have same effect e.g adding the liquid to coke, even alcohol (gin).

How true are these?

Outright lies, anyone who tells you to take alcohol and medicine wants to kill you before your time.

Dozis:
7. Herbal medicines are safer than orthodox medicines. Some people forget that most orthodox drugs are sourced from natural sources, moreover a particular plant may contain thousands or millions of phytochemicals, some medicinal and some harmful.

The fact remains that herbal medicines do not work, most of the Nigerians who support their use can not bring any scientific articles showing how they work when compared to standard pharmaceuticals.


Just "my mommy said" and insults

flokii:
@Falz while it's okay to voice out against injustice, please don't get yourself mixed up in destructive politics by enemies of Lagos and Yorubaland.

Ask yourself why Lekki? why did they choose that spot if not to target the State governor and Asiwaju Tinubu who they see as enemies and opposition.

We are talking of Sarz issues here yet people like James Nwafor and Peter Obi have been left to roam free in Igboland despite all the attrocities and allegations levied against them with glaring evidence of extrajudicial killings and dumping of dead bodies numbering thousands in Akwuzu river. Even several victims have come out to recount their ordeal and demand justice but Igbos are not having any of it. It's Sanwo-Olu, Tinubu and Oba Akinolu they want to attack and shame. Is this common sense or is this justice in anyway??

Please let's be using our common sense and not follow social media crowd to cause problems where there is none. Ayodele Fayose distanced himself from the EndSars protests in Lagos almost immediately claiming it was a sponsored attack on the person of Asiwaju Tinubu by people believed to be mostly Igbos and some Northerners. Please let's be guided so we won't join what we'd regret later in life.

The ENDSARS protest didn't happen only in Lekki, the protest started in Delta and spread all over the country from Abuja to Rivers to Oyo. Only Tinubu urchins who have never left Lagos will believe it happened only in Lekki.

Though they are wrong they should only demolish ones near airfields to avoid service disruption and give glo time to treat their stupidity.

texazzpete:
My guy, there is no honor in lying. This thing happened just last year.

The same man that called the movement an 'insurrection' and urged the Nigerian state to deal with the protesters is the one you're shilling for?




How would there be hope when people like you jump in to dismiss valid criticism?
Nobody even wants wizkid or Davido or whatever. They just don't want people who were so openly hostile to the protests to now come out and speak at commemorative events.

Just like inviting AlQaeda to speak at 9/11 anniversary events.



Aside from the fact that voter apathy and vote buying is just as prevalent in older age groups who aren't even on social media, why are you making this irrelevant point about voter turnout when the conversation is about police brutality? How is this relevant?

There are many wereys disguising as concerned individuals on this forum who want to derail what's going on.

flexyrule:
Thieves.

This is how they kill businesses.

What has telecommunication mast got to do with flying plane.

Anyway, both of them are thieves sha.

Glo will give you X22 of your recharge only for it to finish within 22 seconds.

Let them go settle their bulls*t behind the scene....

If they wanna dismantle the goddamn mast, let them go ahead. After all, the only usefulness Glo has is their excessive adverts.

Glo is at fault, if they don't properly mark the masts planes and helicopters can hit them and cause accidents.

Good, but money can't bring back the dead. The next step is getting the killers off the streets and into the jail cells.

benuejosh:
All of this is geared towards hatred for Buhari. PDP messed up the country for 16 years and left it for Buhari. Yet children of hate want Buhari to fix it up the 16 years mess in just 6 years. The man has done his best to even with the mess the PDP caused. If Jonathan was in Power uptill now, we would have been eating feaces.

Sorry what did Buhari promise us in 2015?

It starts with the letter C

9jvirgin:
90% of the revenue generated in Lagos has been stolen and invested in Lekki, Victoria Island and Banana Island. This is why Lagos can never be prosperous.

But Lagos is performing better than most states financially. The biggest issue is that it is still in severe need of infrastructure upgrades.

So much progress has been held back because of politics.

Before nko?

thebosstrevor1:
What is in the tat rule is different from what you quoted from the FAKENEWS media.

The tribunal can not claim you own any arbitrary amount in taxes, this job is not the tribunal job but firs.

According to the tat rule, taxpayers are to pay 50% of any disputed amount into a designated account of the TAT as security for prosecuting an appeal, prior to commencement of appeals.

This is quote of the actual law before you call it fake news

4. Mandatory payment of 50% of tax assessed
[Order 3 Rule 6]

For appeal against the service or relevant tax authority under rule one and two of this order the aggrieved person shall -

(a) Pay 50% of the disputed amount into designated account by the Tribunal before hearing as security for prosecuting the appeal

thebosstrevor1:
Tell us the law that says that, you are suppose to drop 50% of the amount billed before you the tribunal can listen to your case.

This why we say Buhari supporters are illiterates. The Tribunal can claim you owe any arbitrary amount in taxes and demand you deposit 50% of that amount before they hear your case.

It is written right there in the text.

It is the Tribunal that will determine the amount whether it is true or not, whether it is many times the amount you have in your account they don't care.

thebosstrevor1:
You think, does it make sense.

Where in this world, do you drop 50% of a claim before they hear your case, legally, it does not make sense.

The writers of the articles are misleading people

This is Buhari's Nigeria, how many times have we had modifications to laws that made sense?

Border closure, Social Media Bill, NIDTA Bill

Continue deceiving yourself.

See what happens when you elect illiterates who put foreigners over Nigerians into power.

aspabay:
lolzzzz, look at what you posted yourself.. Confused people.

99 bodies, 3 from Lekki, but still 99 killed.

What are their names, where are the families, one year still no families?

Even Chibok girls had families mourning them.

https://www.vanguardngr.com/2020/11/endsars-cnn-backtracks-from-claim-that-38-died-at-lekki-tollgate-shooting/

https://www.nairaland.com/6747908/endsars-sentinel-forensic-refutes-sensational

I am still waiting for the proof of what DJ Switch said
https://www.thecable.ng/portraits-of-blood-ii-names-photos-videos-how-lekki-endsars-protesters-were-shot/amp

Quality20:
why attack military guys like that inspite of all d patriotic service they have done for the county? why can't d guys overlook the misdeeds of the military men, knowing fully well that those military men will in a couple of years be at our service?

Abeg shut up, military people don't see it as service they see themselves as God that's why they can confidently assault people and think they will get away with it.

Imagine a patriot who beats up the "bloody civilians" he is meant to be protecting.

Nonsense and patriots.

aspabay:
I do not have time to share your fake and doctored video.

The news was all over how you and your ilks claimed they saw bodies, several bodies of trhose killed, yet no blood stains to collaborare your claims.

CNN did research, BBC did theirs, Lekkilies was exposed.
If you say she did not say so, then what anniversary are they doing?

Ask the organizers to explain what they mean by hundreds killed? Who are the hundreds

But you have time to be ranting on nairaland about things you don't know about.

I have evidence for what I post, where is your own evidence?

Simply produce the video or shut up.

aspabay:
Ok, bye.

Lekkilies shall fall like a pack of cards

Simple show video you can't show. That's how if you swore on your life regarding this issue you would have died.

We all know who the real liars are.

GOTVee:
Even though I'm a born again Christian, I know the media will eventually blame Islam for the sin of one man. Why must we Christians influence the media against our Muslim counterparts? Must the religion of any criminal be mentioned before prosecution? This is irresponsible journalism and I condemn it entirely. We Christians and Muslims are one and we Nigerians living together in peace and harmony have shown that we Christians and Muslims can actually co-exist. There are bad Muslims just as we have bad Christians. Majority of serial killers and pedophiles in history are Christians but no Muslim will ever condemn Christianity because of the sins of few Christians. We Christians really have a lot to learn from our Muslim brothers concerning tolerance

We don't hear of Muslim pedophiles because they already marry their victims.

aspabay:
Listen to her videos and post again

Show the video and post where she said it