₦airaland Forum

jomoh:
Mention them and mention the capital expenditures they spent money on.

Debt clearing is not the most important. the most important is what you achieve. what is the point of clearing debt when you cannot use the money to fund capital expenditure.

Norway has one of the highest Debt in the world but they are one of the richest countries on earth and one of the best countries in earth you can stay of you have the money.

Your debt does not define you. What defines you is what you spend the borrowed fund on.

There's hardly a justification you can give to paint this government bad in terms of economy because your first question shows how much you know about economy. Don't take it personal it's not an insult cos like u told you, a chartered accountant friend of mine also asked the same question.

What you don't know, you don't know. There's no short cut and no crime in it.

A lot of things are going on in this government that Nigerians should be very happy about but no we choose to focus on trivial issues of politics that has nothing to do with the growth of the economy rather they divide us as a people.

Buhari's govt is the worst government since Babangida.

I can't imagine people still hailing this govt


Shame

timesup234:
it is obvious you still live in the dark ages. Even more shameful when the evidence is out there but so called educated people choose to remain dumb. China economic output is bigger than the whole countries in europe combined together. In purchasing power, china economy is bigger than that of America with over three trillion dollars. The world is moving on and you are still stuck in the 80's

LMAO; D

China's GDP is about the size of just Western Europe, with so much population.

China had done well, but they are not there yet.
Maybe in another 15 years.

beamtopola:
win which Grammy? think say na MOBO wey him never even win sef.

Dis guy no just like Wizkid LMAO

countryfive:
nonsense, what do we need the second pics for? husband trying to remove wife's pant in public. we don't need it they should keep it for themselves and in private. nonsense.

Wetin be your own sef

gabe:
don't forget FG has a fed. Civil service to run with an army, a national police force, a network of federal roads to build and maintain, a presidency with ministers and special advisers to pay and several projects scattered nationwide including federal housing, railways and power stations+dams etc

exactly

PeeDaVinci:
Dont be deceived by the state allocation - states only get 26% of the revenue, and federal govt gets 56% and can spend this 56% disproportionately on a region as it deems it fit.

What are you saying sef?

profmiganigal:
The same way obiano has one voters card like me

4 complete years wasted on drinks - dry gin

Who in his right senses will vote a murderer who has bathed iitself on anambras blood currently seeking for justice.........

Visionless.....

Him and mbaka are all goners

He should have visited to pray 4 him

Greed, selfish and ritualist of a man.

As for u senile pig picking on my post i dont have words for u.......covfefe

You are just talking nonsense

TruePass:
Not worth the stress.
Love dey sweet when u start new. But over time there will hurdles and problems, mind you it must come.
So who will u fall to
That's when u look back and see u walking alone like Liverpool.
Even the Bible says go to your tribe n marry
No love, marriage or relationship without problems on d long run.

Op na TruePass I give u so, if u like play enter throwing

The bible NEVER said that.

tishbite41:
r. i. p man . igbos should stop joining dis jihadist set up called Nigerian Army.

Will u b quiet!!!

rubbish

Doughboysss:
Same person that did this.

Just imagine this anuofia

eziokwubundunuwa:
Forget the pretence if Zuma came to Ibadan the entire Southwest would have celebrated it. Igbos are at the forefront of the smear campaign because they don't understand politics and importance of bridge building cutting across tribes and nations.

Wtf are you saying

Okorocha is the worst gov imo has ever had and will NEVER be Nigerian president.

There are better competent leaders from the SE that can lead this country, not this JOKER.

Bridge building my black arse

eziokwubundunuwa:
This issue is overflogged with a lot of fairytales, fake figures and cook ups just to paint Okorocha bad. Zuma is not worse than Jonathan or IBB and is an African legend for his fight against Apartheid and represents the group of South Africans deprived of education. The Imo hall of fame is a nice concept and should be appreciated because Okorocha can only be Governor till 2019 and the "hall of fame" remains. I know that when that place is completed and opened, it will be a tourist site and people will definitely be taking pictures with their preferred statues as done in other countries.

Which kind comment be this

Zuma is the most clueless South African president ever

supersystemsnig:
Because we want to create another monopolistic market for the hausa/fulani to again monopolize, i.e. Dangote refinery, i'm an economist and monopolising markets to one region will only enslave other regions to the alpha investor. Just the same way Dangote bastardized other industries, they want us to be at his mercy with this refinery stunt, tomorrow, he wants PHCN revaluated so he can buy it, next tomorrow, he wants NLNG, why don't we see problem in all these systems? Any approval to operate in any field should be based on quota, i.e. if Nigeria wants to produce 1 million barrels a day, give a Dangote definery 20%, giveother industries this way, this way competition ensues, and codependency, market forces gives the best prices, competition ensures fair standard, job opportunities, distribution of resources and wealth...


Why are we like this in this country na? Are we born to serve as the fulani grass to feed on ?

?

What are you even saying?

dataking:
Mumu

GetMeRight:
Asking questions shouldn't be seen as a crime. It is not over until it's over.

But assumimg that davido killed this guy, like many Low lives are doing on this forum without proper investigation concluded is a very stupid thing to do

What is wrong with these people

dataking:
It seems America pays you to defend them on nairaland. Ass licker

What are you talking about?
Do You know how quantitative easing works?
From the way you spoke, you don't.
what sort of mentality do you even have sef?

olayinkajnr:
Exactly my point. Their research is just selective. And one dude is up there ranting as though his life depends on it

There is NO WAY Nigeria can have a higher internet usage per capita than any of those countries listed above.

Impossible.

beamtopola:
I given you wiki page to help ya self with your ignorance. like I said earlier, if it is not up to 60 me or my family member will die, but if its up to 60 you or your loved ones will die. Don't dare bro, because the last person I said this to loses his fiancee the following week, when she was going to aba to buy are wedding things. it may just happens to you because you refused to use the Google before showing ya stupidity .

OK

beamtopola:
Do you live in the bush or you are just having access to the internet for the first time?.
Are you kidding me? you said Trump didn't have up to 60 million. If he has up to that you will die or your family member will die this night , but if he didn't has up to that the same fate to me. Amen.

https://en.m.wikipedia.org/wiki/United_States_presidential_election,_2016

Trump's votes were about 52m thereabouts, not 60

don't be stupid

beamtopola:
60 million USA are not people right. wait first come 2020, Trump will deport all dems voting machine ( illegal) Then come back and tell me who will vote for them. During this election, Obama was against voters iD, because he knows fully that most non citizens do not have it and he decided, even with driven license, you can vote. now Trump is saying no ID no vote.

Trump did not get up to 60 million votes.

And will not win second term, the way he is going.

2020 is coming

abescom:
China practically imports nothing. While countries like America buy plenty stuffs from China. America buys a lot of means when China devalues their currency, America have to pay more to buy from China.

Simply put - China de-valuate ( heir currency knowing a weaker yuan will boost their export against other nations that buy from China - including America which is why America didn't like it as most of their deals are more EXCHANGE deals.

Switzerland did same when they de-linked their economy from the Euro.

For instance if 5 yuan equals 1 dollar. This means when China sells something worth 1 dollar to America they get 5 yuan but when the the yuan is devalued, to say 6 yuan to one dollar, they get 6 yuan for one dollar but when they have to buy from the yanks, they spend less. This logic however only works for a very productivity economy as China's. They practically don't have to import but instead export.

In Nigeria terms, imagine we have to export so much crude and don't have to import much. We will buy making more money while spending less. China can afford it, Nigeria can't.

What you are writing does not make sense


When a country devalues its currency, it makes Export Cheap and Imports expensive, if you don't know.

China devaluing makes it cheaper for an American to buy a Chinese product..... but will make a Chinese pay more than for American goods.


And besides, China imports a whole lot as well, especially oil, other raw materials, and luxury products from abroad.

dataking:
It is you that is a dullard. America prints dollars when ever its needed and dumps it on the world. They are the worst currency manipulators in the world but no other nation is allowed to try such cause its an American world we live in. Read more about it.

They don't just print money anyhow

Ebookmathswaec:
Why can't we print the $5.5bn ourselves instead of borrowing since we can print money ourselves?

I believe if we print the money ourselves, we can use it for whatever we want and we won't need to pay back money to anybody.

Nairalanders pls! I need explanation.

Huh?

You want to print USD


No wonder Nairaland is the way it is today.

printing money anyhow is disastrous

ipoblogic:
Tell me how you can differentiate the two.
For your info, the number of Igbo's who secretly support Nnamdi are far more than those who are open.

The rejection of the terrorists you call Nigerian Army should say something to you folks.

Asi

What is this man saying sef

My people matter don tire me *sighs*
Nigerian army is now branded Aboki army by dullards

LUCKIE2014:
Truth is a lot of people silently envy the life of a celeb and in order to measure up to them insults them at any given opportunity just to create a sense of illusion that they are equal, but deep within its just a case of drop dead self esteem.

That is true

the people accusing davido don't care if he is innocent or guilty.

All they want is to bring him to disrepute


Typical black man way

supersystemsnig:
Thank you, thank you. I stayed in classes...

You sure did

Abbycite:
Blaming a 25 year old kid for not taking care of a 34 year old man.......brain must be paining some pple.

Tagbo died......though painful for his loved ones, but you cant lay d blame on Davido for partying with him prior to his death.......bury ur dead and let others learn from it........chikena#

Point of correction......


A 25 year old is not a kid.

supersystemsnig:
Yes, intake of alcohol depending on his body's system can cause a surge in free radicals that would choke him,depriving him of Oxygen, and ultimately causing death, while the forensic report would still depict asphyxiation.. as the cause of his death, Yes this hypothesis is valid. I agree 100%

100% Bio-technologist...

This sounds plausible

9japrof:
We are so frustrated, food no dey, light no come dey, everything come dey cost for market. To cap it off, data come dey more expensive.

How do we relieve yourself such pain and misery, you log on line on Instagram, Facebook, Twitter or any of this social platforms and rain curses. There is no way on this freaking earth that someone can be there enjoying in abundance and you be enjoying misery, naaaah that's not possible, so you better spite her/her so that for the next few minutes/hours she knows what it feels to be sad and angry

Am speaking for fustrated Nigerians, not my personal view though

You are right...

I've been taking note of your posts sir.....

And in many cases, it's filled with wisdom

Thumbs up

Ainsky:
The property is beautiful but is built with the blood of 22 million dead Congolese. 22 million men, women and children that were killed to satisfy the greed of one evil bastard who hopefully is in the deepest recesses of Hell. I would never buy such a home. If I were given it free I would sell it and donate the money to the people of the Congo. This is a tainted house, an evil house.

A lot died.

But that figure of 22 million is exaggerated.