₦airaland Forum

ajl:
Nigerians are generally lame ducks. Here is a foreigner coming to your country to found an Okada hailing service with a bulk of the revenue goung outside.

Before anyone dreamt of Uber or the idea of someone getting a ride on a stranger's car in the USA, we had Kabukabu. Sad that no Nigerian ever thought of removing the inefficiency of getting on a Kabu-kabu by connecting kabu-kabu riders to drivers that own kabu-kabu.

another way of looking at it

omohlexy:
DJ Arafat is dead. Goggle why

you are asking me who lives in Abidjan to "Google" why Arafat died
i should be the one telling you that my man lmao
Too bad he died the way he did tho People are in "sifia" pains here
that aside They have a good safety record don't they?

omohlexy:
Why should I ride on a bike when there is uber? Do we have special lane for bikes? All these bike riders that are popping trams like bus drivers. Both will just be like werey on the highways. Hope they don't break someone's legs sha.

uber gets stuck in traffic

okada does not

that is the difference

Khaleell001:
That's the reason most companies don't do quality checks on their products because we would rather swallow poison that is cheap than pay for a healthy fruit juice that is cost.

Our attitude generally is really toxic and off putting.

I commend the gokada CEO of he still carries out his intention.
He is indeed a worthy example.

Our attitude generally is really toxic and off putting.

this above is very true, sad and unfortunate

9jaRealist:
Nope! More than just maintaining it, her generation has IMPROVED on it...
No guesses as to what our generation’s done to maintain (much less improve) on our fathers’ foundation.

Of course, wouldn’t dare compare Switzerland with Nigeria (being fortunate to have sampled both)...
For starters, Switzerland is not populated by sh*tholers and a population MAKES a country (not vice versa).
>

you have a point

koyyess:
Foolish woman.

You don't know what sacrifices your forefathers made for you.

Don't worry. You and Ik ogbonna's ex wife will soon be having a cup of coffee together when your eye finally opens.

Its only a matter of time.

Meanwhile, see 1diots praising her. The same 1diots that complain day and night about their wretched lives and how they want to leave this country.

A white fish head blinded by the head and d1ck of her black lover is making you all love the leadership of booohari and his cohorts.

I am sure because of this white female, you have even decided to vote for booohari for 3rd term in 2023.

Mumus.

wow

this really made you angry

Osgilliat:
That is the idea behind the directive given to CBN. To inflate the price of imported foods so that consumers will not patronize them and that will give our locally produce foods the chance to compete. I see no harm in these, it’s a win win.

there is a big harm
black market will thrive
cost push inflation follows
And Nigerians will cry even more

The govt instead should have put fiscal measures in place (even subsidising agric) to drive the prices down

Government policy via incentive is what works
govt directives Don t

oldtruth:
Honestly, you guys are just giving this people attention. Let's stop quoting or familiarizing with them. Moist of them are vagabonds. Nothing works for them. Stop quoting them. Only a fool will support Buhari that is strangulating the economy.

Please let's stop all relationship with this people. Let them keep wallowing in their foolishness. Once nobody cares nor help them, they will come to their senses.

when I read their comments
it worries me

Nicklaus619:
My friend you need to understand and read in between the lines before raining insults, as an economist I can tell you that there is no where in the world that the government has absolute control over her Central Bank, its an independent body and as such charged with the responsibility of advising the government and not the other way around, its only in Nigeria that you guys use sentiment to tackle every issue, ignorance has eating black race so deep that they hardly see anything good apart from their silly believe, sentimental and a sycophantic attitude
It's a pity

don't mind them

they have no idea

ItsMeAboki:
Much as I respect Moghalu's intellect; however, in this case he seems to be playing politics by hiding behind a mere technicality of the CBN law to criticise the president - without taking due cognisance of the true realities on the ground.

Does he think a president who ultimately be held responsibly for the success or failure of the country's economy would remain aloof and not give policy direction to of the major influencing organs of the economy?

Secondly, was such order intrinsically wrong; is it ok for our forex to be wasted on importing food items that can equally be grown in this country - to the detriment of our own farmers and economy?

It's ok to talk about the independence of the CBN but in reality he should know that the Bank cannot be all that independent - especially as the president has the power of hiring and firing the CBN governor.

He also seem to be contradicting himself, having earlier criticised the president for interference then later down the line going on to lament that the entire economy had been subcontracted to the said bank.

Walahi I am with the president on this; Moghalu is just splitting hair for attention sake - to remain relevant.

The president has no power to fire the CBN gov

only 2/3 of the Senate can

all you wrote is wrong

cbn must be independent

NEIGHBOUR:
So the President who is vested with the power to appoint and also sack the CBN governor can not give directions to it. So the President should watch as the CBN policies destroy his promises to the people. Oga park well.

another one who have zero idea of how things work

TheGoodJoe:
What are you saying? There is a reason why the Central Bank should be an independent body to prevent Political Interference. Kingsley Moghalu has explained clearly that political interference is wrong and the Banking institution should know its stance for the better of the economy.

After such explanation you write this. Shows you did not spend time to read the article to get the Former Presidential Candidates point.

Moghalu is 100% right and this is an eye opener. Stand for the truth and not sentiments.

The country is in trouble

with so many people who have no idea if how things work applauding this foolish act of the president

Commentor:
The executive points the apex bank in the direction of its policies.

WRONG!

farem:
CBN is an independent body, you say? I laugh. This is a fall out of ministerial appointment o.

So CBN should operate outside the policy thrust of the government, abi?

Do you know what transpired before the CBN governor was reappointed?

I would have taken you serious if you advised they brainstorm well before policy directive and announcement .

as for your second paragraph

HE'LL YES!

Dwady:
If only these articles are explicit enough. I see nothing wrong with PMB directives

you see nothing wrong with a president directing a central bank

no wonder Nigeria is the way it is when the majority don't know how things work

datola:
CBN should not be entirely left alone because the president receives all the blames of economic misfortune.

Moreover, the directive is a welcome development and should be extended to pilgrimage, medical and education trips abroad by all political holders and their families.

see what someone who claims ro be educated is saying

Barondenigeria:
You clearly have no formal education! If you had the slightest idea of basic economics, you would understand that a CBN restriction on forex for food importers will lead these importers to the black market where they would buy the dollar at higher rates. That cost will be shifted to we the consumers and eventually you'll have a "commodity price inflation".

Many of you Buharists are fantastically dull!

very dull

SillyMods:
Foolish youths aplenty in Nigeria. The president that's working to improve the Nigerian economy by discouraging importation of foods that can be locally produced is who they're cursing.

Look at this wannabe presidential candidate who doesn't know a thing about governance speaking rubbish. I get it that, to be in the news you just have to oppose Buhari especially when you have lazy youths to applaud you.

Nonsense!


Someone is telling me about allowing CBN to be independent and I ask: who gets the blame if everything goes bad? Wasn't it the same Emefiele that released unappropriated billions to Dasuki and GEJ to loot in the name of fighting insurgency? Who bore the brunt? Not Nigerians?

Moghalu just wants to be heard. He is empty!


You are talking rubbish. How best do you encourage local production/producers other than making imported foods more expensive by restricting access to govt dollars? Wannabe Economist!

just imagine what someone who claims to be educated is saying

BigJoe19:
Hahahaha, so much anger in one thread and we ask why the rich move with heavy security in this country, with the hate exhibited by many people in this country, it's best you protect yourself before they assassinate because of just being rich.

there are few places in the world where the have nots hate the haves more tham the way it is in NIGGERAREA

Alapafaari:
You are one of the biggest fools on Nairaland, Tinubu you just mentioned is far far better than all Igbos since creation. Did Kemi mention Buhari's government? She is talking about Nigeria governments generally, was it in the last 5 years that she burnt candles to read in Nigeria? Fool. Let me burst your head, did you know that statistically, the tribe that commit crime most in Nigeria is your tribe? Far far far worse than Boko Haram and Fulani Herdsmen. Ode.

See this one saying a junkie like Tinubu is greater than an entire ethnic group

That says a lot about the intelligence

Damod88:
Nigeria is a backward and poor country from time immemorial, even before the British came. We have never created any wealth for us to think of enjoying wealth. The wealthy countries you see today started creating their wealth more than 300 years ago.This was the reason the wealthy European countries colonized much of the world during the early days of their development. The proceeds from colonisation were what they used to finance major technological advances which led to more wealth creation. No country the size of Nigeria can become wealthy without the ability to create wealth through the power of science and technology. In the early years of our independence, our leaders focused too much on politics than development,in addition to the fact that the Europeans and Americans did not really wanted us to develop in order to legitimize their racist convictions that black people are incapable of modernity. And this was the time the East Asians started their economic development by becoming the world manufacturing hubs. Today, the sacrifices of the Chinese, Koreans, Singaporeans,and Taiwanese have paid off by having some of the world's largest multinational corporations in electronics. When you think of electronic you think of East Asians with global behemoths like Samsung, LG, Hiense, TCL, Panasonic, Sony, Cannon, Acer, HTC, Haier, Skyworth, etc. These multinational corporations generate billion of dollars in revenues in addition to creating million of jobs. They take the front seat in scientific and technological innovations with billions of dollars worth of R and D centres in addition to supporting innovation and research in Universities. While in Nigeria, especially with the discovery of oil, we began to build our economy around oil,an extractive industry the technology of which we don't have to actually take control of it.Our leaders were too naive to realize early on that extractive industry does not generate enough employment. For example, oil gives Nigerian government about 80 percent of its revenue but generates less than 2 percent of the total Employment. When we compare this with the Chinese economy, it becomes obvious that building economy around extractive industry especially by a populous country like Nigeria is unwise. The manufacturing sector in China accounts for 45 percent of the economy but generates the highest rate of jobs. Manufacturing generates jobs and lays a sound foundation for technological development. But if any of you think that Nigeria is going be rich with oil only, such a person will need to have a rethink. The problem we have now is that we have created so lazy, corrupt, unreasonable and uneducated population to start any meaningful development. Our political leaders are busy dividing us for their selfish interests without us trying to study to know why Nigeria is poor and backward. Nigeria will continue to slide into poverty because we don't have the means to create enough wealth for our people. Wealth creation is communative. We are suffering today because those who lived before us did not create any wealth the same way those coming after us are more likely to suffer because right now we are not creating any wealth. Heineken, a Dutch company, began as a family business more than 150 years ago and today it is a multinational corporations spanning four generations. Our problem is our inability to create wealth. If you sucribe to the naive argument often made by politicians that Buhari government has made Nigeria poor, you are only allowing yourself to be brainwashed.Nigeria has always been a poor country and will continue to be poor simply because we don't have the means to create wealth. I don't think any government can make Nigeria rich in the next 250 years even with the best of intentions. Five or six generations will have to be sacrificed, and of course, this is what we are incapable of doing. But we will keep on hating whoever that occupies Aso Rock, especially if he is not from our tribe no matter what he does to move the country forward.

I have to say this

you have raised critical points...

I'm.definitely gonna bookmark this....
you wrote well

joseph1832:
don't make it sound like it's only Buhari who contributed in making this country the laughing stick it is today.

Buhari is the chief destructor


Other presidents were manageable
he is the worst

Chimookigwe:
There's nothing like being sexually liberal.

A sexually liberal person is a free giver, of easy virtue, a promiscuous person of loose morals.

I guess your parents would be happy if you bring home someone like Khafi as your wife.

Their happiness or unhappiness has nothing to do wity my choice of whom I want to spend my life with
I'm a grown ass man paying my bills and taking care of myseif

Any decision I take is ON ME
e no concern anybody

And yes...
there is a thing called being sexual liberal....
an adult who want to have sex can do so, and its not the concern of anyone

things like these are however too complex for your ilk to understand

ogbonti:
We work harder because we live double lives ~ we pay our bills here in America AND sustain the lazy youths watching BBNAIJA including ungrateful family members in Nigeria through western union!

you said it succinctly mehn

nothing to add

many of you here are jokers

So its no longer about good governance but about the president coming from "my region" to gain what?
bragging rights?

2019 is not even over and people are permutating 2023
meanwhile masses are hungry and dying

many of them will not even live to see that 2022 sef

it's all about mundane things in that failed $hithole contraption called NiggerArea

Chimookigwe:
Once you start hearing sexually liberated women, sexual choices of women, sexually enlightened women, know say a hoe is defending her right to bleep around.

nothigg wrong with being sexually liberal

either as a man or woman

if you like call them "hoez"
na una sabi

afonjabreed:
Please I want to ask a question.

What do Nigerians who left the country and travelled abroad do (what's their sources of income), because some left Nigeria with no hope of getting a job abroad.

And judging by the desperation of the youth about getting out of this country I think they have the believe that once they leave this country the odds are in their favour. I really want to know what they do

Any legal thing they see

make dem do

AngelicBeing:
It is called selection and not election, and as long as the status quo remains, forget about any positive changes in that country called Nigeria, it is doomed, dead and beyond redemption as long as you have a dead carcass ruling the country but zombies and patriotic citizens will disagree with me but however, they are enjoying the endemic hardship across the country

Ah Ah!

Nigger Area still has hope na

don t loss hope na

All we need is fasting and prayer
plus amadioha

to solve the problem

kenzysmith:
This guy is d main sponsor of boko haram he should ve killed buh is now going to meet nnamadi kanu and sowore will also join him soon. With this guy and nnamadi alive nigeria unity is on the brink of collaspe

What is this punk saying?

paulos4me50kano:
Have you been here??��.
Your country is your country and it still remains the best. Nigeria is the best country to me.

Nigger Area is NOT the best country

The HQ of extreme poverty