₦airaland Forum

Ofadaman:
Lol, the question is, are you winning?

don't deflect. Go back to your initial post. Like I said, in that crowd of unfortunates, he and his crew are the only winners there, and I'm pretty sure he is very very happy bout that

Nazgul:
The rule of the thumb is that you switch off your engine on any standstill that exceeds 60 seconds. That way you'll be able to preserve your precious fuel.

I don't think you have experienced Lagos traffic. If you have you would understand why that rule is ineffective. First of, all the cars for road go chance you for front finish the whole time while you're busy starting the car and putting it in gear. Also, God help you and your car battery is not 100, maybe when your battery runs down from repeated cranks starting and switching off you'd know the feeling..lol

adecz:
He is Moses of your family, right
up to the 5th generation from you.

Mumu post 👎👎👎

recent hardship has changed his mumu perspective. Check his recent posts. Just a little too late to finally have some sense unfortunately, as he shall have front row seats to experience the great Tinubulation.

viyon02:
Honestly, politics is not for him.

politics is def for him. Na him third term be this. He is winning in life, unlike the pathetic unfortunate bunch.

See? This is what I mean when I say most Nigerians have taken an oath to be serially unfortunate in life and so truly deserve whatever ill that befalls them. You would have expected that with the current pulse of the nation, that disappointing chimp and his cohorts would have been pelted with stones, and not even pure water (cos it is expensive now).

But what do you see? Hopeless runts jostling for junk.

Shame!

Nazgul:
If you're spending 52k to fuel your car every week, it means that one kazeem (road side mechanic) has stolen your catalyst. Better take that car to a mechanic to get another one so as to reduce your fuel consumption.

You should not be spending more than 45k per month (not per week) on fuel. Let me use the Lexus RX350 2010 to explain. It's fuel tank is 65 liters. And with a full tank, it can cover up to 630 kilometers.

So if you buy fuel at 605 per liter X 65 liters = about 40k.

If the distance from your house to your place of work is 15km, it means you'll be covering a distance of 30km per day.

630km ÷ 30km would give you 21. Meaning you should be able to cover 30k for 21 days. If you remove weekends you'll see that a full tank should be enough for you for one month.

And mind you I'm using a V6 engine to calculate this. It would be much lesser if it's a 4 plug engine.

Also, try to avoid buying your fuel in bits, today you buy 10k, tomorrow 5k, next tomorrow 8k...if you buy fuel that way you'll be cheated cos the attendant would just be selling you air instead of fuel.

Just wait until your fuel gauge drops to "E" then fill your tank to the brim. When I was using my former car (muscle) a filled tank can carry me the whole month. Cos where I stay to VI was less than 15km.

why you no come factor in Lagos traffic for this your calculation.....lol

Goodlady:
She's going to chop like 20-30 years for first degree murder and her parents too ll chop like 5 years each for covering up her misdeeds.
If not that she's white, she d get life sentence.
I dislike evil people and this bîatch is evil!

she will not be handed a hefty sentence. Watch as everything will unfold. She's white, and with her self-defence argument best believe it would be downplayed to involuntary manslaughter. Just wait and see.

Ravenna:
Don't be sad that roses have thorns.
Be glad that thorns have Roses.

lol... understood

Only problem is there are no roses to feast our eyes on, but it's all good.

2mch:
You are dumb. You think everybody is like you that does not understand the flow of the food chain? Fertilizer has not increased that much for Garri to go up that much.

lol.. shit for brains.

A puny ant with its brain size could def comprehend my well-elucidated point better. You on the other hand are just worthless.

Carry on.

2mch:
That is the wickedness of the average Nigerian and has nothing to do with dollar. Do they import cassava?

when we say y'all are not deep thinkers it will seem like insult, when it isn't.

If you are in the garri value chain as a farmer or distributor you will sell cheap cos you don't import cassava abi? Let's even say you don't recognize some of the fertilizer used is imported, as a farmer or distributor will you only eat garri, or you will also go to the market to buy rice, beans, meat? Are the prices of those ones also cheap? personal transport costs nko, cheap? Your children school fees nko, cheap? Your rent nko, cheap? Clothing and shoes nko, cheap? Peradventure the person come get dreams to buy generator, or fridge or television, all those things nko, cheap? Where do you reckon he would earn/make the money to pay for all those??

Thinking deep is easy o, all you have to do is not stay on surface level.

Here is a guide that can help you in future... you ask yourself, how much deeper can I think this thing through?

Whole of January in a new year,no good news, no positive indices whatsoever.

Now, February don come, the unfortunate streak continues.

Oh well!

BoldBrainz:
Would that be the same way the Yorubas have eternally played second fiddle to the Fulanis since the days of Awolowo who's shame made him commit suicide with rat poison?

I mean, isn't that the same servitude for which Ilorin is now an Islamic caliphate while Ekiti and Oyo are gradually being overrun by fulani foot soldiers?

Instead of buckling up to wrestle for the soul of your ronu legacy from the clutches of Uthman Dan Fodio's dirty descendants, you're here cowering under tribal bants and making Peter Obi and the Igbos your headache.

You're indeed a fool who'll never escape the doldrums of his own foolishness! Tinubu is failing and your South West is collapsing into Fulani conquest regions. Be here taking pride in being a useless bastard!

inko chisos!

This guy and your missiles ehn. You just dey give me joy since yesterday. I hereby commission you the Nairaland valuwence presido for the month of January. Let's see what February holds.

💯👊💯🤣🤣🤣🤣🤣

Atk1nson:
You seem to have a weird fascination with draconian and heavy-handed tactics. I recall you were the one also justifying hamas and vilifying US.

Definitely at some point you benefited from the dorm account balances you were referring to fund your travels. Speculation exists the in every sector in a free market economy. Naira has shown a high level of instability since APC took power, and the current speculative activity reflects the poor handling of the foreign exchange situation by the current and past presidents. The current speculative activity is the result and not the cause of naira's instability.

Also, do not assume everyone operating a dorm account is doing so for speculative purposes. If businesses project that they will have to buy FX at a higher rate to fund their activities in the future, it gives them a high incentive to lock in prices by buying FX now so they can hedge against FX losses in the future.

Obj and GEJ managed to keep the exchange stable and speculators at bay, the chicago accountant may go to them to learn one or two.

Atkinson, we gree today ooo..lol

leave that clown. He proposes that I watch my earnings turn to toilet paper and fold my hands and do nothing about it. That is his brilliant idea. I no be salary man like him or most here, na me dey pay salaries so ori mi lati pe X10. I can understand and excuse his basic and low-level thinking though. Shebi na for him to see salary, wetin concern am with tough decisions or even simple ones like this one called 'self preservation'. Whether na him popsy give me money and sense to buy dollar and HODL, e go soon tell me.

Na moshood and Batist, na their way.

adekzy:
Why are you so bitter as if you are from the sadEast part of Nigeria.

Every presidential candidate promised to remove the subsidy and regularised the Dollar so that the forces of Demand and Supply can determine the rate rather than the CBN wasting Billions of scare dollars to defend the imaginary rate that we've been using since 2009. Emefiele+Buhari later made if worse.

Tinubu got the job he campaign for, so the bulk is on his desk!

However, The elite citizens have also moped up every available dollars save/sit idle in the bank while the industrial economy that we want to revive is crying for need.

We have created an unnecessary artificial scarcity, thereby contributing to the problem, but we all want to blame the Govt.

As at November last year, over $29billion is currently sitting idle in all domiciliary account across the country, yet we dey cry say no dollars. WHY?

Why should we dollarised our economy for non productive adverture at the expenses of our local economic drive and the mases who dont have the opportunity to edge thier naira to save in dollars.

If possible, the Govt should just "borrow" all those idle dollars temporary and return it when the economy is stable...but I doubt if they have "Political Will" as most of the politicians are also culprits.

So Mr Thread, your bitterness will only gives you HBP if you don't disect the real issue without sentiment and emotion.

I'm not bitter, on the contrary I'm smart just like the horde of people holding the dollar, a concept you couldn't understand even if it hit you in face. So I'll leave you be in your wanton delusions and ignorance.

Kinzo0917:
Guy stop that na

Why are you insulting your elder? You can choose to disagree with him but don't insult him. Haba

you know he/she is an elder how?

How do you know that Jason is not an elder? How sure are you that he isn't older than the person behind the roz moniker? It says it is an elder and so it must indeed be one?


Not like I give a crap about the elder/age dimension you want to inject into the discourse, but just to point out to you that you appear to easily swallow things hook, line and sinker......in 2024....

Anyway, carry on.

EreluRoz:
Don't quote me like that again, some of us here are not your mates. Thread tread carefully

Fixed!

Athena6:
Last week I created a thread talking about how my japa plans have been crushed due to the increase in dollar.

Many adviced me to invest in dollar, this was the advice they gave me months ago but I did follow through because I wasn't sure.
My last thread hit front page and 90% of the comments were advising me to invest in dollars, one even quoted that in the past 10 years, the dollar haven't fallen but it increases every year.

One even called me a weak minded person and I am scared to take risks.
After everything I thought to myself, since so many people felt this dollar will keep on rising, maybe I should invest afterall life is all about risks.

Well guess what, dollar have decreased, I invested 3M in buying dollars and now in today exchange rate. I have 2.6M now and I either cash out now or hope it will increase.

Right now, I am very angry.
Those giving me advice should come and contribute the 400k for me o

Another thing, do you think the dollar will increase or should I just cut my loses.
I am so tired 😫

hope you've been reading the news. I remember how you threw away money cos you were listening to 'hopists' rather than listening to realists who were giving you sound advice based on data. I bought almost 2k dollars around the time you bought yours and I'm still holding.....

metaluterus:
Neatly Nigerian used Toyota Camry SE 2014


Location - Lagos


Price - 6.5m


Condition - Perfect. No fault, accident, damage free.

Whatsapp/calls - contact 07012661453

real talk.. will offer 5m

dustydee:
I have been seeing similar comments. Please what magic do we expect anyone in power to do to salvage the situation? I believe the path he has chosen is the best out of the hard choices available. Things may be hard now but in my opinion, we will come out better.

wrong

Just a clueless person who decided to toe a clueless path earlier toed by the clueless cow-herder and has only succeeded in fucking things up for everybody. Buhari removed subsidy and floated the naira in 2015/2016. This exact thing happened. That was why the dollar moved then from 150/160 to the 350/360's.

Subsidy returned innit? Dollar rate worsened innit? We didn't come out better innit?

Fast forward to 2023, Mr Bola THUBV decided to do same thing, and even worse so, at the same damn time.

Subsidy currently still being paid innit? (Estimated to be about 200-300/litre) Dollar rate worsened innit? How we gonna come out better, when everybody with sense including me is holding the dollar so I don't get swiftly ruined?

YOU DONT REMOVE SUBSIDY AND FLOAT THE NAIRA At THE SAME TIME IN OUR PECULIAR SITUATION. THAT IS MADNESS.

In less than ten years they have made the value of the naira diminish X10. I didn't give a bleep about abroad in 2015, didn't give a bleep about abroad in H1 2023, but I MUST give a bleep about abroad now, whether I like to or not, cos the main problem now is everyone has lost confidence in the naira. The jig is up, and the only way out is that we become a producing economy, which is not possible at this current time and in this current environment.

Bola THUBV has hit the iceberg. The end was inevitable from then on. Like some have said before, Nigeria is about to be the largest prison on earth...and the majority of those who will be stuck there utterly and thoroughly deserve the things that will swallow them.

joseph1832:
Come to think of it, last week the Naira hit record low of 1400 Naira, now it is hitting another record low of 1348 Naira.

I wonder why some Nigerians just love to spread half baked news.

this particular record low is in the official market, not parallel market.

Anunakeeh:
Not yet.

Don't let us to be too forward.

Let us wait for it to reach N2000 to $1. Then we can start preparing to get worried

eggzactly!

grandstar:
Things have reached a worrying dimension

you think so?

All looks normal to me. Lol

Let the shege continue abeg... Na only the strongest and smartest deserves to survive the great Tinubulation. Maybe after hell has razed over, the few wey remain go get the sense and will to push the reset button. Till then....

10mobile:
Nigerians generally want to be oppressed. The way we wholeheartedly submit to oppressors and attack those who care about us is alarming. See now, for more than 8 years of Fulani herders going around and killing people, nobody has protested against it. But if it was Goodluck Jonathan that coughed, people would be on the street. If Peter Obi became president and 100th of this happened, everybody would have been on the street. Cowardice is the problem here. And cowardice is the main expression of ungodliness..

I was just venting on this same topic this morning with my wife. I have never seen such a congregation of spineless, directionless cowards. This morning I was angry and venting about NYSC. Now imagine that useless scheme that has lost its usefulness, still ongoing simply because the spineless parents can't unite to say NO. You train a child from baby to an adult graduate, and then send same off to probably end up dead in a car accident to or from one useless state, kidnapped OR they get butchered in some useless state. The ones that are not killed, kidnapped or maimed basically just waste one year of their lives and youth. Imagine if 90% of parents just agreed not to send their wards for NYSC, the scheme would die the death wey e suppose don die since, but NO. They still fall in line and the stupid ones who end up losing their kids, realise a little too late that they did indeed have a choice, and if they had exercised that choice maybe their ward would still be alive. I can't for the life of me understand how a congregation of this much people time and time again only seem to agree to unite to remain subservient, to remain caged and hopeless, rather than unite to be free, to chart a new course or change a terrible status quo. Just look at the last elections, we have the power, but we rather use the power to stay in shackles, to by our own selves limit our choices and potential.

The Nigerian people amaze me. Smh

Telltruth123:
I pray it boost our economy, we just want to see positive improvement in our economy.

lol.. telltruth doesn't want to tell himself the truth. The $2b the report said was earlier released did not make the rate drop or lead to positive improvement, but you somehow believe the 500m which is a quarter of said 2b would magically do that. Lol

E Ku adura o. Carry on...

Lexusgs430:
She got £10,000 to raise in a few hours...... Her refresh fingers, must be hurting now..... 😂

she don cash out over 4k GBP, so at all at all na im bad pass. If she carry the 4k come Tinubu Nigeria, na still plenty money....lol

I dey sell cars and mattresses. I don see waya for galloping prices hand. E no funny at all, but we dey roll with it.

Sales revenue targets are dipping, so the focus is on making every single sale as profitable as possible, cos there isn't much traffic coming in these days. In business terms, focus is more on bottomline than topline goals.

Sukkot

The naira died when the so called 'expert' came in and foolishly followed the exact footsteps of the cow herder, but even worse cos he did both at the same time, and now has failed on both ventures.

Removal of subsidy and devaluation of the naira at the same time! Today, subsidy remains, and the naira is toilet paper. Grandstar hope you also remember our convo last year. You HOPED a seasoned expert in the person of the CBN gov would arrest the inflation and downward spiral of the naira. Hope we can now see that it isn't even top on their list, if at all there is a list.

Buhari did same in 2015/2016 and everyone including Dangote lost money. Ain't it madness to think that y'all would expect smart people to lose money again thru the exact same misadventures a second time?

Who with his head screwed on right would keep their money in naira since the decisions of June 2023? Patriotism be say make I allow govt ruin me and make me poorer ba? Esp a govt that I'm convinced is doing this on purpose to ensure Nigeria remains the poverty capital of the world, so they can have their way with the poor easily.

Lol. Virtually everyone who has even a little means is holding the dollar cos we don't want to get burnt. The naira is dead and gone. Only a miracle can reverse it, the miracle being that we suddenly become a booming exporter earning a lot of Forex, but how many years/decades do you reckon that will take?

Angelfrost:
Sigh... This Currency is 'dying' faster than most of us predicted.

Sukkot my chief, remember this our convo on Nov 4, 2023? Feb 4, 2024 will make it 3months, and that is just around the corner. Lol

sukkot:
Y’all just don’t understand the genius of Emile o corn. You see those billions of dollars pumped into the banks ? That’s a 2 to 3 months effect and within that time space they are going to fire up the Dangote refinery in December ( they already allocated close to a million barrel of oil in december to fire it up ) which would be a huge source of forex being the biggest refinery in the world every country would come refine in naija and would pay in dollars and then coupled with detty December when all japarians bring in forex, am afraid by this December there will be a huge crash to like 400 or 500 and it will never rise up again ever. It will just slowly start to decline till it gets to like 100 over an 8 year period

I guess all am saying is if you didn’t cash out when it hit 1300 you lost forever.

my response was

Treadway:
lol.... bookmarked for review in 3 months pere. I won't even stretch it till 6months😀

ochejoseph:
The tragedy is that Tinubu is incompetent but tribalism and religious bias will never allow us see beyond our nose and the catastrophic impact ahead!

Yesterday Someone asked How did PDP manage to keep the $ Dollar below 200 Naira for 16 years.

Those who said GEJ should not remove subsidy when we had the best opportunity are singing it was politics today.

Those who said the retired drug dealer is coming with a magic wand are buying fuel for 650 per litre.

The Judges who gave dollar induced judgements to sustain criminals and illegality can no longer buy thier drugs because inflation have rubbished thier salaries.


They allocated 10 billion for student loans for over 30 million students and allocated double that to build car parks for 360 people who already have car parks.

We thought Nepotism disappeared with Buhari but Tinubu is Nepotism Pro Max, his Lagos Boys are practically incompetent and $1 is almost ₦1500 today

May the current Nigeria Never Happen to You in Jesus Name !!!!

on the contrary, may Nigeria continue to happen to all the enablers of the evil that is called the APC.

Yea, I would agree with this 'award'. In terms of being active as a mod, undoubtedly he takes it.

His online personality on the other hand is 👎.......but then again, nothing wey I wan use him personality do, online or offline.

And why is this news? Uninteresting normal sturvs. Wankers! Let them kidnap Bubu, that would be an interesting news article not this normal family meeting