Why in God's name is the FG floating an airline when their major cash cow in the form of NNPC has been sold?

What is the rational behind selling all major airports to China only to float another useless govt company that will be competing against private sector that pays taxes to maintain the useless govt?

This is mad cow disease. Instead of concentrating on the fresh lawn, the cow is now nibbling on it's own tail.

To whose benefit will this soon to be declared failed and bankrupt enterprise serve if not for the same corrupt govt officials who will run it down before giving themselves tax breaks to suffocate private airlines out of existence?

The foolishness and greed of Nigerian govt officials knows no bounds.

Elliotg:
If you guys don't desist from your treacherous lifestyles, you nemesis will be enormous.

Says who? An accursed Jewish owned commodity larping as God's chosenite .

If I hear.

Elliotg:
The Igbo tribe will outlive your miserable life.

Lol

See painment

So one mortal life is what you are using to compare your entire osu nation.

1nice:


You slave race know as zombienation.
You are answering zombienation as your nairaland username; you think you can use that username zombienation to mock and gloat over my country Nigeria. Thunder fire you social media spy from Ghana know as zombienation for that place.
Thunder fire you for that place zombienation.
Idiots spy people.

You think you can manipulate Nigerians; you are in for a surprise, stupid person.

I know why you are referring to me as a Ghanian

Its because you ipob louts who have hijacked Obi's campaign are now masquerading as one nijeriyanists with fake one love to other nationals .

You have exposed your hate filled vile hearts long ago and nothing you say or do now can assuage anybody on Igbo hatred for other Nigerians.

How you chose Ghana as my identity beats my imagination. Or where you one of the Osus whose shop was locked permanently by Ghanian authorities ?

Yeye dey smell

Christistruth00:



At least they would see the futility of their Campaign with their own 2 eyes

The issue now is to be at the alert because anytime Igbos lose out the are ever ready to start their foolishness and this is what this thread is warning about.

1nice:


You are the leader of osu people.
You are the biggest stupid person on earth.
You think you are wise but in reality you are a senseless person.

What is your mission on Nigeria social media platforms, you better face your Ghanaian politics social media platforms and stop deceiving Nigerians. Stop impersonating Nigerians you foolish mumu people leader.
You are a B I A S T A R D. Mumu Social media spy.

One nijeriya OSU

Come next year nah Gucci things again

Slave race

Christistruth00:



Then tell your senators in NASS to present a bill for referendum and gather the support from all parts of the Country necessary to pass the bill into law

Even if a referendum is declared today , the majority will vote to stay in Nigeria.

Who are they fooling with their fake nationalism?

JohnBullMySon:
Mr Zombie, about 20 billion USD enters Nigeria every year through diaspora remittances. more than 25% of that money does not get converted through CBN. It is stored in dorm accounts and sold to BDCs

Olofo , all accounts be it dorm or what have you are regulated by the CBN.

Do you open dorm accounts with BDCs ?

Fools.

thebosstrevor1:


You are confusing yourself. Read the bolded and see your mistakes and confusion

Fyi

Tightening policy occurs when central banks raise the interest rate and that is the same tightening you recommended the govt to do

The Fed still prints endless streams of money to both Wall Street and the reckless Biden WH .

Increasing rates on consumers won't solve anything but cause more misery.

As long as the Fed continues to print money to prop the ponzi schemed Wall Street and supply the reckless spendthrift WH that throws money into endless wars, there will always be inflation.

Hiking rates is only punishing poor working class Americans who are doomed to lose their homes, businesses to wall street banksters.

Now that's the plan.

1nice:


You stupid person shut up, you are telling a Nigerian to shut up in Nigeria but you are not a Nigerian.
A foreigner like you impersonating Nigerian on nairaland.

You social media spy; who do you work for. Have you left Ghana for Nigeria; idiots

I no be Afonja or Fulani again nah Ghana I be

Coming from a B I A S T A R D.

When did your nationalism and one nijeriya fever start again?

Osu

JohnBullMySon:
Baba spare me those theories.

There are two dollar markets in Nigeria, the CBN /Bank market and the parallel market. The CBN market is stable while the parallel market is falling. However, Emefiele's policies have tightly regulated the CBN market so it is basically inassesible unless you have connections or you spend only 20 dollars a month.

You are ignorant.

Where do those Abokis source their forex from?

There has been a backdoor access to CBN forex by these Abokis .

All BDCs get their forex from the CBN and no where else as the Naira is not a convertible currency outside its borders.

There is nothing like parallel market only official racketeering.

This is like trying to get a train ticket on the counter which is near impossible rather you will be directed by the cashier to patronise Railway staff and touts to buy an inflated ticket.

The CBN remains the only source for Naira -Dollar conversion.

Any other market is a racket by same CBN crooks .

Even a staff of my bank contacted me that if I knew anyone who wanted to travel abroad by did not have up to the maximum forex allowed that they could source the dollar maximum and pay me a commission.

The whole thing is screed because the naira has never been allowed to be traded rather the pricing is fixed by the CBN

thebosstrevor1:


You are the daft one.

The fed is increasing interest rate to starve cheap money.

When rates increase, meaning it becomes more expensive to borrow money, consumers react by refraining from making large purchases and pulling back their spending.

Olofo, sane people complained about the Feds endless fiat currency dump on the economy and had called for tighter controls in currency flows which the Feds have ignored since Obama's dissatrous bailout of Wall Street.

There is too much debt in America .

The US latest CPI shows most Americans have maxed their credit lines just to buy groceries that are becoming unaffordable to the average American in living memory.

To increase interests rates now only compounds the debt burden on Americans .

Already most Americans can't afford a new home because of skyrocketing mortgage rates and most are in serious danger of not meeting their mortgage payments over new rate hikes .

Hiking interests rates for consumer loans and mortgages is the most insensitive thing to do.

Most of the free easy credit is in Wall Street invested in useless bigtech stocks.

That is where all the fiat money went and not into the average Joe's account.

thebosstrevor1:


I believe there is something he can do

The United states are at a inflation rate of 9% but you can see that the fed is always increasing interest rate to curb inflation

You are really daft.

The Feds increasing interests rates is what is accelerating America's inflation


The Feds handed out over $2trillion mostly to Wall Street to keep the ponzi scheme going . now that there is too much dollars in circulation, this caused the first signs of inflation followed quickly by deliberate sabotage of supply chains and the high cost of diesel .

Increasing interests rates is never the solution as it only sees to higher consumer spending and debt accumulation


You have stumbled throughout this thread displaying a lack of basic economic and financial knowledge .

Nwabueze22:
Peter Obi or no Peter Obi, what we want is referendum to decide whether to continue with this so-called one Zoogeria.Chukwu Okike Abiama bless Biafra

If you wanted your Zionist republic today you would have gotten it even yesterday .

Stop disturbing us with your fake agitation

JohnBullMySon:
There's nothing Emefiele can do about this. This is economics. No regualation can stop Naira from falling. People who remit dollars into Nigeria now exchange through the parallel market to gain enough value for their money. In turn, the parallel market doesn't need CBN's dollars. They keep on receiving from Nigerians outside the country or foreigners and sell at the market price. People need dollars. You cannot use police to stop them from getting it.

Not true.

I for one believe Emefile is deliberately crashing the naira to force his digital eNaira on us.

The Nigerian Central bank is the only country in the world to have rolled out the WEF dictated digital currency.

This is a deliberate destruction of our sovereign currency towards embracing the WEF global digital currency .

You don't know how jewed and screwed we are under this Satanic Jewish installed govt .

popez:
At this point Nigerians should be begging Peter Obi to be our President. But foolish sentiments won't allow some people to have sense.



Nobody should even beg anybody to vote the obvious best candidate in this election. If you allow tribalism and petty sentiments to becloud your judgement, na you go suffer am pass.

Just shutup already with this your useless Igbo Messiah

Over a billion dollars was stolen in the name of oil exploring for new oil fields in the north that yeilded zilch.

The current GMD , NNPC got Buhari when he was in his sick bed to sign what looked like another P&ID scam of $50bn pipeline project.

When queried on why he will seek the signature of Buhari who had handed over to Osinbanjo as acting President and then Kachuchuku as substantive Minister of petroleum, Kyari will state he is only answerable to Buhari .

What bandits are doing is child's play compared to the magnitude of corruption Buhari has done in 7ys.

Only God can help us in freeing ourselves from our Northern colonialisers .

I even heard the new private enterprise NNPC now owns shares in Dangote refinery and are actively funding that project .

Northern Nigeria and Niger Republic Petroleum Company .

kettykin:
Igbos are beyond this. Which ever way Nigeria goes,the Igbo ship will sail.

If Nigeria sinks today or rises today , the Igbo ship sails.


The banditry, Boko Haram menace , dwindling economy, the fall of Naira the human ritual scourge will kill 99% of Nigerians befor 1 single igbo will be impacted .

An igbo man predicted the sorry state of Nigeria many years ago , another predicted it few years ago. Igbos are light years of the hell hole .

Echo chamber or you are falling for your own hubris

Emefile is doing all in his power to kill the naira and usher in the WEF digital naira

Emefile should be have a trailer tyre on his neck and set ablaze.

thebosstrevor1:


Not true, you can go buy dollar at the official rate with the neccesary documents.

The official rate is beneficial to the bdc because they will be doing arbitrage trading and making money from the long differences in price

Go and sitdown

Nigerians do not have access to CBN sourced forex for foreign education or healthcare

Almost every product imported is now on the prohibitive list .

Even fuel importers are not given access.

The "N" in NNPC should stand for Niger Republic as those ones have a brand new oil refinery built by the Nigerian govt for them.

That refinery is expected to supply refined products to northern states .

There is also ongoing work to build another refinery in Daura that will source crude from Niger Republic . So our NNPC is now building refineries for another country and another in Nigeria that will utilize foreign crude oil.

The madness of this Buhari govt can only be explained by his hatred for Nigeria.

This man has been nursing real hate for Nigeria since he was rightly booted out of power only to come back and serve it hot on Nigerians.

Niger Republic has had new roads complete with bridges built by this govt. A railroad to the middle of the desert in Niger Republic is already ongoing.

Fulani terrorists from across West and Central Africa are killing Nigerians with impunity and forming a parallel govt .

Economy is in an irrecoverable shambles due to deliberate wicked policies.

Buhari is the worst thing to ever happen to Nigeria .

thebosstrevor1:
The official rate is still 430 to 440

The people i pity the most is those people sourcing dollar from the black market

Another set is those people selling dollar for naira.

Like 100 dollars in naira is becoming wortless due to inflation

100 dollars = 68k

68k is like 40k now

The official rate serves only the cabal .

Onigawara:
Please what is causing the naira to crash so rapidly? Enlighten me

Buhari and his cabal are closing their naira accounts.

Buhari and his cabal are closing their naira accounts and that idiot Emefile is helping them with free dollars.

Thiefnibu is buying dollars too which he will waste on Emirs in the north.

By January it will be trading at over 1k per $.

Emefile remains the worst CBN

Buhari is a thief and a bandit .

Welcome to the brave new Judaic order.

Germany have long since legalized prostitution and brothels but 2ys ago a law was passed recognizing Prostitution as a valid legal profession.

Now with Germans reeling under unnecessary economic setbacks brought about by World Jewry insisting on blocking not only cheap Russian gas imports but the forced closure of German coal and nuclear power plants, German manufacturers are closing down operations over skyrocketing energy costs. Most people have lost their jobs and are seeking unemployment benefits to survive. Something that is very anti German in their work spirit .

Now most young women and girls who lost their jobs or are seeking employment register with the unemployment office . Their biodata and qualifications are now readily available to Jewish brothel owners. So the Jew goes through the pictures of young women and girls and the ones they find attractive they contact the unemployment office that they seek her services. The unemployment office now directs young women and girls to such Jewish establishment and when they refuse to work as wh0res, the unemployment office then cuts their benefits and most end up starving and homeless.

This is what they are planning for your future and that of your children.

With the normalization of both prostitution and homosexuality, and the global impoverishment agenda of the Jewish WEF, I see a future where they will be sending men and boys to work as prostitutes in gay bars. You don't want to have your ass pounded by random diseased homosexual, then they cut off your UBI and access to their digital currency and also have you sent to prison for being an intolerant homophobe.

mrvitalis:

As Igbos warn Una against Buhari Una no gree ...hope you are enjoying Buhari better than Igbos oooh

Osu, stop claiming opposition

Your politicians, so-called elders and clergy all kiss Buhari's ass.

We know what you are planning to do Judas.

But just know this will be the last straw and a final solution to the Igbo problem will be addressed .

Uncivilized village idiots that celebrate mediocrity

When Peter Obi losses out next year, watch and see how many Igbo lawyers , politicians will storm courts to call for the annulment of the elections and for fresh elections to be conducted.

This will be widely supported by the Igbo masses .

A US bipartisan think tank organisation has already set the ground work for this by falsely predicting a tight race that will see to a runoff.

The court cases will drag on until the close of Buhari's disastrous tenure and calls will be made for a civilian transition by the same Igbos.

Since Buhari has no stake in who would have replaced him, he will oblige this call and install one of his cabal minions as transition president with a current sitting Igbo governor deputizing.

From that moment on we can kiss our democracy goodbye forever.

The WEF has Nigeria as their guinea pig and will begin implementing all their madness here which can only be possible in a dictatorship. Already , Nigeria is the only country to have fully rolled out a Central Bank Digital Currency in the form of eNaira to the explicit dictates of the WEF.

Peter Obi's DOA ambition is just a catalyst towards instigating our return to dictatorship and his campaign has been hijacked by Zionist elements of IPOB to ensure a stalemate next year as it will be difficult for any candidate to get the minimum 1/3rd votes from the SE.

It is on this premise Igbos will go to court demanding for an annulment and conduct of fresh elections that will never happen before Buhari's exit.

Igbos are set on causing another grave danger to our democracy and polity with their foolishness.