₦airaland Forum

Yes we can spend a staggering 62 billion on runways, that's not even too expensive, after all we are the Giant of Africa, it takes a lot to be a giant, including giant runways too.

Just about 2 months ago, we disbursed a stupendous 7 billion to construct the VP's lodge, its not even a big deal, and even all those are just official figures, not taking into consideration logistics involved.

and yes, we can forget about the schools for now, the buildings aren't really that old anyway, so we can still manage for another 100 years or more, and students stand to learn a lot from such harsh conditions, they learn what life really means.

And who says Electricity is a problem, stop kidding yourself, it's not a problem!. . we've survived for years without electricity, that's not about to change anytime soon. the businesses are doing fine, the economy is growing better, the fact that banks are sacking workers is not indicative of a problematic system, its only temporary, they will hire them again!

. . . and to think some Nigerians are protesting is just pure idiocy, what exactly are they protesting for?. . the government has successfully resolved all security problems, even a four year old can walk the streets of Jos at 4:00 am without fear.

Niger delta problems are now a thing of past archives, pollution laws have been passed, the schools in the region according to a confirmed international source will soon be rated as one of the best in the world, the companies over there are hiring people in mass so much so that they they still have lots of open positions without people to fill them.

Even Healthcare in the country is now rated as the best in Africa and one of the top ten in the world, little will anyone wonder why the president was flown back into the country after doctors in South Africa failed to restore him to back to good health.

So why can't we afford to spend a meager 62 billion on runways after all Nigerians remain the happiest people on earth, they deserve expensive runways

Never knew Police stations now accept deposits!. . . do they give out ATM cards as well?

500 000 will be offered admissions

5,900,000 will have to wait!

2,900,000, will wait for another year, perhaps minor percentage of the population from a wealthy background will move into private institutions while some will try A levels, Polytechnics and College of educations.

3,000,000 of those on the waiting list will give up on the dreams of going to a higher institution

of the 3,000,000, perhaps half, will look for alternative legal means of survival such as learning a trade, becoming helps, more fortunate wealthy ones will open small boutiques, engage in large scale entrepreneurship while  others might take to farming,a minority will start thinking about travelling out to any part of the world to take up a less satisfactory jobs for survival. . . a smaller minority might decide to go into local politics.

half of the other 150,000 might engage themselves in illegal means of obtaining money such as online fraud, extortion, armed robbery, pick pocketing, money rituals, drug peddling, prostitution, human trafficking etc.

The remaining half will simply do nothing! other than stay at home and feed off relatives, many of those will attend more night vigils and Muslim prayer sessions for breakthrough!.


Summary of all the Jargon:

The country is doomed

only in Naija

Spend Billions to destroy. . . and Trillions to build again. . .and billions to destroy again

while an estimated 90 percent live below the poverty line.

Giant of Africa indeed!

Its good to know this thread is coming back alive!

lmfao at the responses

before nko?. . .you no hear say the guy wan smoke igbo. . that one na good thing?

It looks good!

This has to be a joke!. . .

this is money speaking. . .and of course árse licking!

. . . and where exactly is this scammer of a guy

According to the U.S. Department of State’s annual human rights report for 2007, Libya’s authoritarian regime continued to have a poor record in the area of human rights.

Some of the numerous and serious abuses on the part of the government include poor prison conditions, arbitrary arrest and prisoners held incommunicado, and political prisoners held for many years without charge or trial.

The judiciary is controlled by the government, and there is no right to a fair public trial. Libyans do not have the right to change their government. Freedom of speech, press, assembly, association, and religion are restricted. Independent human rights organizations are prohibited. Ethnic and tribal minorities suffer discrimination, and the state continues to restrict the labor rights of foreign jobs.

In 2005 Freedom House rated political rights in Libya as "7" (1 representing the most free and 7 the least free rating), civil liberties as "7" and gave it the freedom rating of "Not Free".

And the leader of such a country thinks he is in a good position to offer good advise to Nigeria?. . . i'd say calling him a "mad man" is an insult to people who with "mental" problems.

chosen04:
There is something you can never take away from "Mad man & village drunkards"-- They are full of wisdom. Their wisdom makes them to always hit the nail on the head-no matter whose ox is gored

May God Bless Ghaddafi

Seriously? . . .

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahaahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahhaahahahhaahahahahahahahahahahahahahahhaahahahahahahahhahahahahahahahahah

I sure had a good laugh!

This is good joke!

The mad man at it again!

let the fcking guy face his fcking business, we don't need him telling us shít on how to rule our country!

If we want to split up, we will do so under our own terms, not because some "mad man" said so!

I feel like putting my fist to the dude's face already

But seriously, what will an average Ibo man not do for money??

loads of craps!

they talk about billions like a needle in haystack!

The woman should sue the two bastards for all the kobos they are not worth

Mr. Aseroma, 40, along with his younger brother, Temotighe, 30, was detained after they both allegedly tried to strangle Mrs. Aseroma, 38, bruised her arm and almost stripped her unclothed because she reported them to a non-governmental women’s rights organisation, Project Alert.

Is this English?. . . stripped her unclothed?

penguin

The guy will be the perfect dude for the EFCC leadership. . . . talk about ballz of steel!. ,. he's got em!

Bad news for Alao Akala

nuzo:
Hurray!!!!!
The new EFCC is working efficiently. Thanks to Yaradua's rule of law and due process.

I wish the likes of Ribadu can read this; rule of law is not about arresting and charging fat corrupt polititians. It's simply going after yahoo boys operating in a small cafe in a small town.

This is great news.

well constructed sarcasm

I like!

dunno why Iwu is still occupying that position, someone needs to beat some fast sense into Joey's head

and who is Yaradua?

This is the biggest fraud ever conceived!

(a) A road that was initially constructed by two previous administration and that belong to the Lagos State Government is now being jointly owned by Tinubu-the former governor and Fashola-the present governor through his crony-Dr Tunji Olowolafe under the consortium LCC

Pardon my ignorance but how exactly can two individuals own a road in Nigeria?

. . Lagos Progressives my thin black árse.

If they have hard facts, let them petition the EFCC

This is definitely PDP at work, they are determined to take over Lagos state come next election.

I really don't get this, how exactly do people think Sanusi is the dude responsible for the mass layoffs?

Last time i checked, the dude didn't enforce such orders on any bank, all he did was to sack some CEOs whose deals seem to be overtly shady!

The banks simply tried to cut their losses!

How the fck ws he directly responsible for the layoffs?

Gray Beard:
Sickening, the Sanusi-fraud-mania.

When will peeps realize that this Sanusi fellow is a danger to the Nigerian Economy?

and how is he a danger to the economy?

Nairaland is sooooooooooooooooooooo full of crap!

^^

this is a welcome development.

naijaking1:
I didn't see anything about these loans being bad or defaulted.
Why do we have to criminalize borrowing money? Did these banks submit the names to CBN as debts they can't collect? Why the big deal about owing banks for goodness-sake?
In the US for example, businesses buy these "bad debts" manage it and live off its interest for the rest of their life! Also lending money to business men is good, because it creats jobs in most part. Why does Dangote have to go borrow money from South Africa when that amount can be resourced here at home. The interest would probably creat jobs in SA and not in Nigeria. Borrowing money from banks should not be a crime, but business, and borrowers must be made to honor the terms of their contract.

well, in as much i agree with you, i will like to highlight a few pointers here.

First, Nigeria is not the only country experiencing credit freeze, during the crisis, many banks in the UK and the US refused to loan out money to many customers, even prominent clients and institutions.

Second, borrowing money sounds good to the lender when there is sufficient collateral to back it up, and in the US, the use of Credit default swaps, and other securitized products as well as Special Purpose Vehicles allow those credit risks to be adequately distributed.

However, such is not the case in Nigeria, credit default risk is totally left on the balance sheet of the loan originator, and besides, the loans are not well backed up with collaterals.