₦airaland Forum

This is Tema interchange ....

Below is some residential in accra

Ghana 🇬🇭 is the 2nd biggest oil producer in West Africa, behind Nigeria 🇳🇬.

Ghana 🇬🇭 produces about 200,000 barrels of crude per day, whiles Nigeria 🇳🇬 produces about 1 million barrels per day.


This figure is falling sharply

#Source: https://energycapitalpower.com/biggest-oil-producer-in-africa-in-2022/

GeneralDae:
This is IMF's recent review on Nigeria.

The subsidy is back and you are even paying more .


Ghana those not subsidized oil

GeneralDae:
But IMF recently expressed confidence in Nigeria's ability to pay her debts.

Nigeria is spending more than it earn . It is crystal clear . Your major dollar earning (the crude oil" the output has even reduced.

chrisooblog:
Honestly it beats me that we're still doing d**k measuring contests on top the same time wahala we're in. I [b]would think Ghanaians would be more humble [/b]considering how their country's government have been defaulting on bond payments. Nigeria as bad as we currently are we pay our debts.

Defaulting issues has to do with the depreciation of the local currency against the dollar and that is linked to the country's high indebtedness. Same issues with Nigeria.

You see , Ghana was owing big , hence, the reason the international capital market was closed to the government, we cant subscribe into any loan or bond , the country didn't have foreign exchange to keep the exchange rate low too due to lots of cedis chasing dollars.

This caused high inflation back then in Ghana. We have no option than to join the imf again.


That is the only prudent means for a long time solution, we already enter into gold for oil swap deal with UAE, the imf suggest we abolished the practice

Most developed countries debt also doubled up and even tripled due to the external factors like the covid 19 and Russia/ukraine war, but they did not have the level of inflation Ghana had so they didn't default paying up their debt .

At least ( one very good advantage of having an integreted economy) developing country that trapped into the mess also end up defaulting, zambia and ethiopia are case study .

So Nigeria case might not be exceptional , your debt has doubled up , your inflation has step up further . Infact the scenario is just similar to Ghana.


Nigeria actually need imf support

theenchanter:
if only u know how low u usually go, u would know I'm very lenient on u.

if I mean you go low , I am even playing with words , I should have said , your write up always appear dense or babyish .I mean the kind of silliness associated with a baby

Just look at this level of your ignorance now

theenchanter:
u should thank shma for that word. At least u learnt something from him.

that is how low you can go

theenchanter:
nonsense and ingredients. No point, as usual.

very obtuse

GeneralDae:
I swear. They seem to think their Government performed some kind of magic in 2022 to stop their currency slide then.

I.

Ask questions if you don't know, Ghana was having about 9 billion cedis in her foreign reserved during 2022, the biggest in the country history .


And with the reform , go and read about what Ghana has done , it is like Tinubu copy Ghana from A to z

An epileptic patient selling epilepsy cure, and you expect the readers to buy. You are a fool[quote author=Shma2022 post=128502198[/quote]RAGGING CONTINUES, not RAGGING CONTINUE - the verb form does not match the subject.[/quote]You are indulging in maladaptive daydreaming, ragging continue is singular verb here , meaning your stupidity continue , the ragging there is a verb . You shouldn't be stupid not to know the difference . And if the "s" makes you seems stupid, add it to it, it doesn't change the fact that you don't know .

(INCOHERENT)

You now see why I am challenging you to point out the error yourself , I know you don't have anything up in that you puny brain. Toddler behavior.

b]KEEPS[/b], not KEEP! AGAIN, the verb form does not match the subject, m0ron the correct wording should be, the evidence of ranting on you keeps telling me that...
Always add an "s" to the verb if the subject is third party singular.

the illustration of the words matter most in a sentence , the keep there is an action word that signify your ranting, so in such sentence, you look at the conclusion and not this jargons like a a primary school kid.

PISSED, not Pierced - pissed off would have sufficed.

It is pierced idiot , that is why I told you subject matter matter more in grammer , I said pierced not pissed . It is not the same as pissed .your own invented word Don't be stupid

QUESTION MARK

it is not applicable

"GRAMMAR ARE WRONG" REALLY NIGGAH?🤔

from a stupid boy

OK, LEMME FIX IT FOR YOU. The correct grammar should be " Yet you can't fix it" Dude🤔

there is nothing wrong with the words used therein. Try again and confused us the reader it is wrong by showing the grammatical blunder instead of foolishly rewriting it erroneously .

"

Evidence" is an uncountable noun - you don't say an evidence.

Evidence can be singular , ""shma writing exhibit his foolishness " what other evidence do you need to substantiate it again? In regards to foolishness .

Do you have any idea on definite and indefinite articles?

You are stupid , focus on the grammar you said you know and stop jumping around like a toddler .

Go and study the fundamentals of the definite "The" and the indefinate "a" and "an" and I will elevate my schooling to you in that regard

you are not making any meaningful sense before and this is not an exception.. only you understand what you mean

The irony!

fact that are difficult to digest, you are disturbing the internet space with your wack way of reasoning

Tw@rt. You are now my business moving forward.

idiot , I am now part of your thoughts. you must rassle up with vaxx to show you owned up something even though , your grammar prowess has been wanting and even you need to be corrected yourself .

I will be here to give you some good doses of intelligence until I see improvement. Don't come with too much amphigory to challenge the nonsense you write. You've typed nothing in this and you're so confident white at it. If you are the epitome of intellectual Ghanians, then the hobbit's utopia world had a good reason to dream of Nairobi of 1990 as there vision 2050 in Ghana beyond Aid campaign.

Just some few blunder I can highlights, see you in the next class.

You are dense and the stupid thing about is your confident about it.

GeneralDae:
But of course, should I show you the social programs in Borno, Lagos, and Kaduna by state Governors which I know of? You won't hear of it because the media and Nigeria only care about what the Federal Government does for the most part.

The Federal Government have their own social packages since the 1970's but they are failing at most of them now partly because of corruption and partly because we are now around 200 million people. So comparing Ghana with Nigeria on social welfarism is rubbish. We don't practice thesame system of Government.

Even if you limit it to those state you mentioned , Ghana even do better .


It is about quality and not quantity

GeneralDae:
You are just 30 million people around the size of Lagos,Borno, and Kaduna put together. Many inhabitants of these states are also under some form of social support by their state Governors.

I understand you will fall back to population .

ProblemChild1:
Oga if you talk this rubbish for Nigeria the kind stone wey dem go use stone you ehn In Lagos alone massive looting is going on because of hunger. You can never compare goodluck regime with apc regime. Goodluck is far better than Tinubu and Buhari put together.

Na enlightenment you need biko.

The hunger wey dey the land no start today , e for don happen long time ago, na pampering dem do for am till e reached the level wey govt no fit take am again.

ProblemChild1:
Economy wey don damage since goodluck regime you sure say you know wetin you dey talk so

so because them dey used Pampers for the economy yansh , una no see .


You supposed know wetin feul subsidy removal caused Jonathan.

GeneralDae:
I'm sure you don't even understand my post so I won't bother.

yes I don't understand it. If you can't explain it in a minute , you will not be able to do it in four hours .

GeneralDae:
Nigeria is poor but you cannot compare Ghana to Nigeria even at Nigeria's low end.

on what basis ?

An ordinary Ghanaian is under govt support. Health insurance, free education to the secondary level , A slightly higher minimum wages . So what grand of scheme are you looking at

GeneralDae:
Kenyan currency bounced back because they issued a Eurobond (to be due 2031) to offset their 2 Billion dollars debt that was to be paid in June in order to avoid default. This brought confidence to the market and things would definitely calm down from now on there.

Nigeria can issue Eurobonds too but this is not the right time because of relatively high U.S interest rates.

Nigerian CBN has not pumped the normal dollars it pumps into the market everyday in the time of Emiefele and has not pumped anything at all since September until last week where they released a paltry 86 million dollars which was like a drop in the ocean. The demand is high. If you put dollars at 2000 naira today, many Nigerians would still afford it and are ready to pay.

like they say talk is cheap . For every little inched up in dollar price , it falls back directly to the masses pocket . The Orthodox medicine , the automobile product , even food are some giving example.


Even condom must be expensive in Nigeria now

IGpro1:
do you think Ghana is a poor country?

strawmam argument, I dodged it


Open a space for it and let vaxx reply you, if you want vaxx opinion

predictor1:
Obi would have done exactly as Tinubu did. But the difference is that Obi would have been seriously attacked by the press mostly run by the Yorubas and the masses would have turned Nigeria upside down by now. Obi not being a stone-hearted man like tinubu would have been bullied easily to bring back subsidies and support the naira. Things wouldn't have been this bad with another person but Tinubu.

possibly if obi is informed enough like Tinubu.


Subsidy Is not gone ,News are reporting that the subsidy is back and it is now more bigger due to the falls of the naira .

ProblemChild1:
I hope you guys are happy now. You choose Tinubu over Peter Obi. Tinubu build Lagos. Him don build Nigeria now na. Spaghetti now is 1,000 naira.

And who told you Peter obi will do any better.


Tinubu is the best Nigeria can have. Economy wey don damage since good luck regime .

I strongly believe Nigeria will come out of the wood but it will take a lot of capital initiative.

I do not mean any harm , just a fact

Just30:
wow...that's horrible

And I thought it was 1,200. Anyway, the Korean won is at 1,332 and you get a different rate from one shop to the other 😂🤣😉

it is very bad to accept but the fact is , Nigeria is a poor country. I used to say this a long time here, thankfully , a known Nigeria writer agree with me .



https://www.youtube.com/watch?v=Z4AWL7u9Y8o?si=0onOWhBWOcN5kqVf

And the railway revolution has started .....

Ghana is gradually saying bye bye to the old locomotive train and welcoming the new train..

https://youtube.com/shorts/j0fgQvFshgM?si=cxErqQ-8uVhlaQyH

For a country that rely heavily on importation of goods... Life in Nigeria will be hell now .


1 USD🇺🇸 ⇛ ₦1,619.994 🇳🇬
1 GBP 🇬🇧 ⇛ ₦2,060.421 🇳🇬
1 EUR 🇪🇺 ⇛ ₦1,764.239 🇳🇬
1 CAD 🇨🇦 ⇛ ₦1,182.948 🇳🇬

The Kwame Nkrumah University of Science and Technology (KNUST) is a city on its own. Very beautiful city.

🇬🇭


I learnt there is a university in zambia too named after kwame nkrumah

GeneralDae:
Yeah. Herbert Wigwe founder of Access Bank is a man who has taste for luxury. Even his University in Port Harcourt oozes class.

Unfortunately he just passed away with his wife and child in a helicopter crash in U.S.

I think they said he took time off with his family and was going to watch a game. A huge loss.

what is the name ?

Just30:
you mean Proud stubborn supper chicken

See Ahomaso 24/7 🤣😂

the coach even concur that ivory coast performed better

vankelvin:
You don't mean it

Did Ivory Coast win by 5 goals to 0
or 3 goals to 1





I heard somewhere that over 90% Nigerians are still in bed

They Accraing

2 to 1 bro . A very poor performance from Nigeria sides .


Super eagles didn't cedis coming

vankelvin:
They think they hold monopoly over trolls.


They can go to hell

See how quiet this platform is right now very peaceful this




More of their trolls that were suppose to be unleashed on us🇬🇭 after the match don cast

They should pack all those troll, send them to NEPA to convert them into light for them

This is very hilarious, who is ever behind this

vankelvin:





@vaxx, did you watch the match? 🇨🇮vrs🇳🇬

what was the scorelines ?

yes I do, a deserved winning for the winner. It was won on merit

Just30:
🤣😂
Anywhere Akwaaba is spoken is Ghana

it is not even up to the distance between Accra and tamale.


One Akan family

vankelvin:
Oga, You reach final no be property.

You go explain explain explain but still na 2nd position you chop


Infact this thing dey sweet every corner of my soul

infact the silence is too loud

Shma2022:
Strawman argument.

This dumb of you . Google what strawmam argument means ?