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Nairaland Forum / TimeManager's Profile / TimeManager's Posts
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Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 2:43pm On Feb 01 |
nony43:I already did earlier. Dr. Kalu Idika kalu, he was finance minister, ex world bank staff, he gave the advise, IBB took it. -kiss the truth! 5 Likes 1 Share |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 2:06pm On Feb 01 |
nairalanda1:And what executive position did Tinubu occupy in the last administration?. -kiss the truth! 6 Likes 1 Share |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 2:03pm On Feb 01 |
Agboriotejoye:Who institutionalized blackmarket if not IBB. I was giving a background to the collapse of the naira. You can't talk about the strength of naira in 1978 and then ignored the periods that kick started the begining of the weakness of naira. Take a backseat pls. -kiss the truth! 7 Likes 2 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 1:37pm On Feb 01 |
I didn't know i was replying a troll. -kiss the truth! 4 Likes 2 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 1:30pm On Feb 01 |
nairalanda1:Not entirely, remember that those before him didn't do that, infact, OBJ criticized him for the decision at the time. However, those who came after IBB did the same including OBJ who came back as civilian president ironically. Also remember that IBB relatively enjoyed the biggest oil windfall at some period, where IBB and his goons were amassing wealth. Do you know we were also paying subsidy on fuel at the detriment of our refineries?. -kiss the truth! 3 Likes |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 1:18pm On Feb 01 |
Agboriotejoye:In your brain, do you think Naira could go back as strong as 1.80 to a dollar before he devalued it and then sold us out to the world lenders. If OBJ had destroyed it in 1978, one ignorant kid won't be opening a thread about the strength of naira in 1978. -kiss the truth! 9 Likes 2 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 1:12pm On Feb 01 |
nairalanda1:Yeah, oil price crashed before he took power, Saudi was particularly flooding the market with oil, thereby crashing the oil price. However, IBB's wrong economic decisions crashed the value of the currency. -kiss the truth! 7 Likes 2 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 1:00pm On Feb 01 |
system21:Ignorant kid, you went as far as 1978 but jumped over 1985 when IBB took over and institutionalized poverty in the country. Naira was badly devalued, inflation rose geometrically, debt was blowing up. People could barely feed themselves. It was also in his regime that black market became part of our system where corrupt politicians took dollars out of the official market into the black market to resell at higher rates. Till today, we have had to live with the black market. Comparing prices of commodities to 1985 is ridiculous, in which part of the world sells the same commodity in 2024 as was in 1985?. Ignorant child. -kiss the truth! 10 Likes 3 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 12:27pm On Feb 01 |
FourQu:If the country was healthy as you claimed, then why was there a coup by the military?. According to the coupists, the country was messed up in corruption and they needed to cleanse the system of corrupt politicians, which Azikwe was the President. So why would you absorb igbo? -kiss the truth! 15 Likes 4 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 12:19pm On Feb 01 |
Zulu11zulu:Everyone knows the collapse of Naira started during the SAP regime of IBB and the person who introduced SAP to him was an igbo man who was his finance minister. -kiss the truth! 22 Likes 7 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 12:13pm On Feb 01 |
Agboriotejoye:How did we get here?. How can somebody with a brain skip an IBB era which was the begining of the economic disaster and then fly into 2024?, how possible?. Use your brain. -kiss the truth! 19 Likes 5 Shares |
Business / Re: 1978 Naira Exchange Rate With Dollar by TimeManager(m): 11:55am On Feb 01 |
Kids of nowadays, SMH!. When you stopped history in schools, this is what you get- ignorance!, blissful ignorance!. If you knew the level of great hardships that our parents went through during the period, you won't be here heaping a satanic worship on a man who initiated the begining of economic woes on Nigeria. With the introduction of SAP, IBB destroyed the economic foundation and progress of the country. In one fell swoop, naira was devalued by 500%, then up to 2000%, our debts increased to about $34billion, inflation rose to 54%. We could barely service our short term loans and thus, sellers overseas were reluctant to sell goods to us. Till today, we haven't recovered from SAP, IMF, World Bank captivities that IBB led us into and guess who was the Finance minister at the time, an economist and an ex-World Bank staff, Dr Kalu Idika. Kalu. If there's anyone that should be tied to a stake and shot, it is these two evil geninuses. -kiss the truth! 91 Likes 23 Shares |
Politics / Re: Kidnap, Banditry Not As Bad As Journalists Report--tinubu by TimeManager(m): 7:42pm On Jan 31 |
gaby:Do we have to gloat about similar unfortunate incidents that happened in Enugu, Anambra or Imo?. I think some of you need to get your brain checked. Do you think IF the candidate you support was the president, terrorists or bandits would walk back into their hole because he's the one feeding them?. This menace has been on for 20years and it's growing because many locals are feeding off it. -kiss the truth! 1 Like |
Politics / Re: Kidnap, Banditry Not As Bad As Journalists Report--tinubu by TimeManager(m): 7:30pm On Jan 31 |
Facts are sacred. He gave statistics to prove that Nigeria is safer than some of the top countries you're intending to japa to. I'd never be one of those mauling our security forces, they are doing amazingly, putting their lives on the line. -kiss the truth! 1 Like |
Politics / Re: Court Orders Arrest Of Fubara's Chief Of Staff, Edison Ehie by TimeManager(m): 6:35pm On Jan 31 |
For terrorism charges.. I'm guessing. PS- I was right, thanks for the update. -kiss the truth! 2 Likes 1 Share |
Politics / Re: Obaseki Moves To Mend Fences With Wike Ahead Of Edo Guber Primary by TimeManager(m): 12:16pm On Jan 31 |
vanitybutiwanti:Obaseki messed up and as soon as the SC upheld his factional NWC, he doubled down on his attacks on Wike. He thought Wike would be irrelevant after office. -kiss the truth! 5 Likes |
Politics / Re: Obaseki Moves To Mend Fences With Wike Ahead Of Edo Guber Primary by TimeManager(m): 12:14pm On Jan 31 |
fergie001:Obaseki reneged on ALL the agreements, Orbih would have withdrawn the case before it got to the SC if Obaseki had fulfilled his end of the bargain. -kiss the truth! 2 Likes |
Politics / Re: Tinubu Screws Nigeria Over In Paris, Returns OPL 245 Ownership To Shell-eni by TimeManager(m): 11:29am On Jan 31 |
Macphenson:His kinsmen are shouting ebi n pawa but na you dey complain the most, your Eze in Enugu was driven out of his palace because of hunger to become an Uber driver. Any sensible person knows that PG is a fake news and propaganda merchant which has been its stock in trade since it began its publication a few years ago. Morever, what's the big deal if Eni sold its onshore assets to Oando, Shell recently sold its onshore assets to local investors for $1.3billion. -kiss the truth! 1 Like |
Politics / Re: N4.6bn ONSA Fund Shared To Organise Prayers Against Insecurity – EFCC Witness by TimeManager(m): 10:44am On Jan 31 |
JasonScoolari:Are you aware of an Eze in Enugu who was driven out of his palace because of hunger to become an uber driver?. It takes a special type of mental health issues to link Dasuki gate to the current Administration. -kiss the truth! |
Politics / Re: N4.6bn ONSA Fund Shared To Organise Prayers Against Insecurity – EFCC Witness by TimeManager(m): 10:25am On Jan 31 |
Who approved the funds that was diverted into Dasuki's account for onward sharing?. What type of prosecution would suffice without bouncing Okonjo Iweala before the court?. There must be no sacred cows. -kiss the truth! 17 Likes 3 Shares |
Politics / Re: Protesters Demand For Oduduwa Nation Now, As Protest Erupt In Ondo State by TimeManager(m): 8:00am On Jan 31 |
SisterAnn:This was a few years ago when Sunday Igboho was rabble rousing. Get your head cleared and take your meds. -kiss the truth! 1 Like |
Politics / Re: Protesters Demand For Oduduwa Nation Now, As Protest Erupt In Ondo State by TimeManager(m): 7:43am On Jan 31 |
Supremos:You peddling fake news. You go on Youtube, scavange for any kind of videos that tickles your fancy and dump them here. Hopefully, the moderators put you in your level. -kiss the truth! 3 Likes 1 Share |
Politics / Re: Reno Omokri Educates Nigerians On The Dollar Exchange Rate, Over 6000 Likes by TimeManager(m): 7:06pm On Jan 30 |
Where is the lie?. Aba shoe makerst are complaning bitterly, they running at a heavy loss. People prefer China imported leather shoes than the ones in Aba. In the same vein, some would rather Chinese-made inferior local fabrics than home made ones. -kiss the truth! 3 Likes 2 Shares |
Politics / Re: Crowd Hails Peter Obi As He Visits Jos, Plateau State Unannounced by TimeManager(m): 6:06pm On Jan 30 |
Vischy:Until i see him take his condolence visitations to the east and you welcome him with drums and red carpet. -kiss the truth! 6 Likes |
Politics / Re: Crowd Hails Peter Obi As He Visits Jos, Plateau State Unannounced by TimeManager(m): 6:02pm On Jan 30 |
Vischy:Okey dokey, the Plateau and Abuja people that voted for him have become the object of your insults and ridicule. Am i suprised?, never will i. -kiss the truth! 6 Likes |
Politics / Re: Crowd Hails Peter Obi As He Visits Jos, Plateau State Unannounced by TimeManager(m): 5:49pm On Jan 30 |
This is a show of shame, more shameful using the bereaved to score political points. I don't see him go to Anambra where two brothers were killed or Imo where two policemen were killed and the people hailing him with camera in their faces, such a red carpet condolence will never happen in the east. Why take advantage of the vulnerable people in the north? -kiss the truth! 14 Likes 10 Shares |
Politics / Re: This Is What They Will Say In 2027 About Tinubu by TimeManager(m): 4:48pm On Jan 30 |
Many have eyes but they can't see, they can't see beyond the foods they want to put inside their stomach in the immediate. This was a similar sacrifice the developed economy had to pay to make their countries enviable. President Tinubu is on the right track. -kiss the truth! 1 Like |
Politics / Re: Pandora Papers: Why Peter Obi Hid Loot In Daughter's Name by TimeManager(m): 4:39pm On Jan 30 |
Obi is not a grandpa yet?, i thought her daughter has had a kid... wowowoo!. Obi is carrying a heavy burden, wonder how many times his wife have cried in the room. -kiss the truth! |
Politics / Re: Nigeria Moves Up 5 Places In Corruption Index, Ranks 145th Out Of 180 Countries by TimeManager(m): 10:50am On Jan 30 |
Might really not be far from the truth, an average nigerian in our private space, goes to buy goods worth of 50,000 in the North, sell in the South for 150,000 and then blame the Government for hike in price rather than the greed of an average individual. You walk into a shop to buy a product for a price, when you go back to same seller the next day to buy same product still in stock, he inflates the price by some margins, inflating the price of an old stock. Greed breeds corruption, an average Nigerian is made of greed. -kiss the truth! 18 Likes |
Business / Re: Dangote Refinery To Import Crude Oil From The United States by TimeManager(m): 9:13am On Jan 30 |
anonymous1759:Their mindset is strange to me too, i don't think i have seen anything this toxic before. -kiss the truth! |
Business / Re: Dangote Refinery To Import Crude Oil From The United States by TimeManager(m): 9:09am On Jan 30 |
Agboriotejoye:You've not said anything. -kiss the truth! |
Business / Re: Dangote Refinery To Import Crude Oil From The United States by TimeManager(m): 2:45am On Jan 30 |
coputa:From NNPCL? -kiss the truth! |
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