₦airaland Forum

Tripleoluwa:
You re the one wailing uncontrollably, so much so that the torrential tears from ur wailing eyes have blocked u from reading.


To people like you, everyone saying good thing(s) about this govt is a zombie. I'm neither APC nor PDP. I'm pro 9ja and whatever will benefit us as a nation is my concerned. There4, a national re-orientation such as the change begins with me campaign is welcomed by me. Even the EU is planning something like that

Hence you are a Nigeria, it is either you are a Zombie or a Wailer.

No two ways about it.

LesbianBoy:

@Lalasticlala, I will be the happiest man if you move this thread to front. The world should see the detailed prophesy from our able Humilitypays in 2014.

Thanks in advance.

dafuturis:
Mods come take this thread down. Nonsense..

Truth hurts

A failure will always blame others for his/her failure.

Hunger is in Afonja land

That's dividend of backward CHAIN

saint7000:
I need to know if this dollar rate 304 is the CBN/Bank rate or the 420 black/parallel market rate?

CBN rate.

Vice-President Yemi Osinbajo, on Thursday,
dismissed insinuations by a former President of
Nigerian Bar Association, NBA, Olisa Agbakoba
that Nigeria’s current economic recession will
last until 2020.

Agbakoba, a Senior Advocate of Nigeria,SAN, had
on Tuesday, expressed displeasure with the
current state of Nigeria’s economy, saying
recession may continue until 2020, if President
Muhammadu Buhari failed to review some of his
policies.

But the Vice President while addressing reporters
in Ede, Osun State, stated that the recession will
not last long because the administration was
putting in place measures that will resuscitate
the economy.
Osinbajo, however, attributed the recession to
the destruction of oil pipelines in the Niger Delta
region.

According to Osinbajo, the destruction had
resulted in the reduction of crude oil being sold
by the country.

He said, “As far as we are concerned and so far
as all of us who are working seriously hard are
concerned, the recession must be short-lived.

“The reason is that as of February last year, we
were generating 5,000 megawatts of power and
that was the highest ever in the history of this
country and that same month the vandalism of
the pipelines started. So, we lost 60 per cent of
gas and 60 per cent of revenue.

“There is nowhere in the world, there is no
economy in the world that can lose 60 per cent
of its revenue and will not go into some sort of
recession which is actually what has happened
to us in this country.

“Once we are able to resolve these issues
concerning pipeline vandalism and the
diversification of the economy we are working
towards, things will change for the better.

“We are working towards regaining our products
locally. We are investing more in refineries and
private investors are coming into refineries as
well. If we are able to do this, 70 per cent of
what we import will not be imported again,
hence our foreign reserves will be maintained
and if it is maintained, our currency will improve.
“I don’t think that life will be bleak because what
our country is known for is resilience and people
that are extremely hardworking, optimistic and
hopeful.

“We have all it takes to be a great country. I am
quite convinced that the problems we are seeing
today will quickly disappear as long as we
understand why we are where we are today.”

Source: http://dailypost.ng/2016/09/09/nigerias-economic-recession-will-not-last-till-2020-osinbajo/

APC at work, criminal party

anonimi:
Is the man who spent 8 of the 16 PDP years not the navigator of All ProgreTHIEF Criminals, APC party today?
Is APC not over 75% made up of the worst elements of PDP who are now born-to-gain redeemed progreTHIEVES
So make I take God beg you- stop fooling yourself and stop behaving like a zombie because you should not be one.



www.nairaland.com/attachments/3088738_img20151115154440_jpeg8f611b6c9cc8cd0928a56ef1049ea06d



www.nairaland.com/attachments/2102459_apcteam_png6dc9407cdcc2b68174c445361fc3e4c9

You just destroyed that chronic ZOMBIE with your response.

Thanks for job well done.

We warned her, but she didn't listen.

aribisala0:
Why are you asking ME ? Am I a Groundnut seller?.
If you want information you look for it or pay for it.Don't ask me foolish questions

You don't know what to answer because Afonjas lies and propaganda has been busted.

We bust Oluwole lies every day

They're regretting their stup!d action in shame. Showbiz is no longer paying like in GEJ era.

Propaganda government

The damage control is dead on arrival (DOA).

APC will finish zombies with disappointment

The Nigeria Science & Technology minister looks like BABALAWO.

A typical Nigerian is an ungrateful person, PDP made OBJ what he is today, but he's the one casting the same party made him president right from prison.

This thread need urgent attention, front page thread.

ikuesan:
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OWN BY ELIJAH EVANS
SCAM SCAM SCAM pls spread the NEWS.....LETS STOP THE SCAMMERS BEFORE THEY SCAM US .......I AM A VICTIM....... $100 GONE

How did maplexchange.com scam you? Explain in details

This can only happen in the zoO

OP,

It was the same educated illiterate youths that handed the affairs of this country to their ancestors. So, don't blame the ancestors for doing what they know best.

Propaganda government, they are in Benue River for photo shoot

basilo101:
I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think that if Jonathan were to still be in power, we would be worse off.

The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language.

Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors.

After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate.

Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush.

To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL.

In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall.

To those who believe it will be worse if Jonathan is still there, you are all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their confidence in the market.

The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50 billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians.

For your information, if your president "kontunu" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking.


Source: Facebook post

Absolutely correct.

Dividend of CHAIN

Ucheosefoh:
Zombies will see this and say its Photoshop

Fixed.