₦airaland Forum

Shattima is no longer afraid for he is pretty sure Tunibu is now a political liability in the North.

KaLuCh:
Do you understand that our currency was devalued?




Kindly educate me on why the naira was devalued twice.

Scratching my head. Oh I think I get it. We needed so much naira to buy dollar that we decided the natural thing to do will be to further reduce the value of naira so we can get even less dollar with it? Genius!!!

Back to topic.

40% of the demand on FX is projected to be eliminated. So we have 40% suplux. The CBN would loose approximately 25 to 35% influx of FX via local currency sales of Crude oil, leaving us at about 5 to 15% suplux. And it is safe to say that other economic factors will easily mop up that suplux but let's say they don't, you really think this is the magic wand we need to wave and fix the Naira?

I think not.

"40 % demand eliminated" you seem to forget Nigeria has import depedended economy. We import almost everything.

If that is truly what Gumi say than is should be declared lunatic Mallam. This bandits are blood thirty animals not even human talk less of fighting for Almighty Allah.

Very good move for this bandits are ever daring due to non charlant attitude of the the security.

Giving the current economic reality in Nigeria, come 2027 election Tunibu doesn't stand a chance in the North.

This bandits believe they are powerful and can kill without consequences. They are so confident that they don't hide their faces. This country!

I never heard Ribado talk about or mention bandits, not once as far as his chief security advisor is concern.

Its common to see ppl hawking supplements #300 Naira per pieces in some North Western States.

First thing any decent government should do is to ensure the security of lives and properties of it's citizens. This government doesn't give a shit who live or die in the hands of terrorists/bandits.

Atiku is still right and Oando still exist.

Both Tunibu and Atiku are capitalists Nigeria don't need.

Hope he performed the necessary ablution before holding The Holy Quran.

MadamVanessa:




Oh that! It doesn't matter , even if the whole of north is wiped out by bandits, Iswap and Boko Haram, no problem. Our main concern and focus is in Igbo land.

Where is your humanity? You seem to be blinded.

This World Bank are party to the destruction of Nigeria economy. They know quite well this money is going to be squared and yet approve the loan. After dictating disastrous economic rescue programme.

Most likely it it's the the case of Boss turning against his boy. We will never hear anything again.

I felt weak after reading this article.

Immunity too has boundary.

That is one of the dividends of Demoncracy imposed on Nigeria by the Western World.

This VP is taking Nigerians for a fools. Buhari changed currency (even though it did work out) purposely to render Tunibu's cash full of warehouse useless.

If anyone in this thread think think Abokis are dumb should have rethink. They are even smarter than you.
To them waving a Russian flag as an act of symbolism.
Capitalist's free market economy impoverishing the masses imposed by West world as against communists.

It appeared that Mr President got really scared after seeing some protesters waving Russian flags that he quickly summoned security chiefs for emergency meeting.

Nigeria politicians can go to the lowest bottom to please thier masters. This governor must be a magnificent lair to have said that.

The masses has long lost trust for the politicians . As far as we know now it's the dawn of capitalists politicians accumulating wealth while the ordinary Nigerians suffer. They buy up public ulities in the name of privatisation to exploit the masses.

So in as much as Dangote the richest man in the entire African also a Nigerian is bieng frustrated by the FG, what of ordinary Nigerians?
Simple advise for Dangote is to have change of mind and stand for next election and wil have easy win over Tunibu. What Dangote failed to realized is that it is now a capitalist's dispensation and he should be part of it. This will ease and protect is investments and businesses just like Tunibu.

"Religion is the opium of the masses" after all.

There is rumours that some prominent Islamic clerics were paid 16 million Naira each to preach against protest.

What is actually exacerbating hike in food stuff price is several merchants are engaged in food exportation to Niger and Barkinafaso because it's more profitable there due to Seifa. Grains exportation should banned in order to crash the domestic price.

Talking about free meters for Band A customers then what bring third party ie MAP in the discussion. This is deliberate to confuse Nigerians. Nevertheless the funds is ablosuluetly meager. We pray the money are not source from recent loan acquired from WB ie $5 Bilion borrowed purportedly for the aquision of meters.

That is Nigeria for you 'when you fight corruption, corruption will fight you back'

Napotism and favouritism are pervasive and impede our progress. Merit are sidelined which in turn give way to inefficiency and incompetence.

Matrix137:
I can now see clearly why Odumeje called you lots "educated illiterates". With the GMO craze going on world wide, you are still talking about "modern technology". Wait till cancer finishes u off From the cancer laced GMO seeds. Let's see if you will survive to enjoy the so called modern technology. Recently GMO laced corn seeds are currently imported by the approval of Tinubu and Agriculture Minister. You guys will surely learn the hard way, and the time is not too far off.

You need to get the point before rushing to hurle garbage. Nobody is talking about genetically modified crops here. I pray that your sick wishes return to you. Ameen.

Buhari still harbour ill will to Nigerians he views as lazy. Unbeknown to him we need advancement in modern technology to catch up with the rest of the world not agriculture.
Nowadays any economy heavily reliant on agriculture is poor economy.