Why should Nigeria apply to join BRICS. Except the name is changed, it doesn't even make sense to me

Who come dash IPOB's hope now for Niger?

Last tenure, we had an overbearing CBN Governor poke-nosing into fiscal matters. This time Edun is the one talking about monetary matters. That's not his job! Let CBN handle money supply and sundry.
Everything he said is ok and normal inflation control mechanism. Nothing special.
He should tell us about how to ramp up fx inflows in the short term to tackle imported inflation and fx fluctuations. Low hanging fruit... Stop crude theft, improve production! This is absolutely within your control. Then Attract long term FDI and stop importing fuel. Make balance of trade +ve first. We'll get stability with that.
I disagree with concept of pumping money into one area by @vitalis. Money from where? At what cost to the giver? Sounds like palliative again. All that only create inefficiencies.

Prof Okumadewa. My good teacher who taught me macroeconomics in the most beautiful way. Reading about this party shows me that you live the words of your mentor Prof Falusi.. who said when you are a king, you must have a sceptre.
This is it!

Wailers don buy market.
It's a cash advance for goods to be produced. It doesn't even matter if it is Nigerian breweries or NNPCL that did it (got usd payment in advance)
What matters is that we needed a bulk dollar flow to ease out the fx regime transitioning. The net effect is more usd chasing naira and more usd to settle dollar transactions in the short time. Not a big deal.
Problem only comes if they relax and don't use this ease period to ramp up production and seek other dollar generating transactions. Then they will have to do this again; so not sustainable... But it is innovative.
I don't know the details of the deal... But it may or may not come at an interest (discount in this case). Don't forget the counterparty may also use this transaction to hedge against crude oil price increase. So not a big deal.

Gajagojo:
Jerry Rawlings of Ghana

Those old enough will remember

Yes Rawlings was an Airforce Officer

Interesting.

vannessa7:


What a gigantic lie at the bolded, do you know that Yoruba towns originated from sons of the same father, we know our history and origins, how can you say we never saw ourselves as one, and we have the same tradition and culture which we celebrate together, there is no king that is not related to another king either as superior or subordinates. Yoruba has been in existence long before British colonisation with all our kingdoms and civilisation of that era in place.

As for this thread, it is a fallacy to say Yorubas have anything against igbos, we are indifferent to them in every way and they are the ones reacting to whatever pain is eating them alive, they hate Yoruba with a passion and always call us out, and because we will not allow them to poo on our head they now turn back to accuse us, they view us with the same way they are without good self esteem and security, which makes them feel pained to their marrow after provoking a reply to their insults, they curse and spit and malign online exposing their weak psyche, anyway Yorubas are too secured to for that but we will not fold our hands while they beat us up.

The bolded is an historical fact! You misjudge origin for unity. I referred to unity. Origin is not disputed.
An egba won't agree with Oyo, Ife will have nothing to do with ugbo, ikale vs Ondo....Traces of these rivalry can be spotted in present-day politics and will be seen if Yoruba Nation is declared today!
As for the Igbos vs Yoruba issue. I do not have the luxury of fighting tribal war. A good student of history knows that no culture is superior to another.
We should speak to issues (which I believed I addressed in my previous comments) rather than fight the identity war (us vs them). It's below us!

shinealight:


He could have said whatever he had in his mind without being rude and insulting to his father’s age mates.
His nomination should NOT be approved….that will teach him a lesson to pass down to his children and grandchildren!

Great contribution.
I don't think high of people who insult in any argument. I perceive them as unlearned or mischievous.
He shouldn't be approved. Even though I like his track record.

Stop being parochial and sowing seeds of discord.
It's the people....esp people like you.
Are you aware that it was the advent of oyinbos that brought the word Yoruba....and Yorubas never saw one another as one (in some cases they were arch enemies) until the British came?
How come it was successful with Yorubas but you think it can't be successful with Nigeria.
We can be seperate nations within a country and still have beautiful, United country.
It happens all over the world....Canada, Australia, USA, Somalia, even Niger.
That we lost an election,civil war, become richer than others... are not enough reason to lose sense of nationhood.
Sit down,plan, restrategize, integrate to achieve your goals within the union.
Some of us have no choice though. When you are Yoruba and have 1st cousins, wife, sisters inlaw, nephews and nieces who are Igbos.. you know that this enmity is imaginary.
It's my 1st time of commenting on a tribal thread.

How many times has the military taken over in Niger? More than 4x. How has Niger fared better?
You see you can only decieve the uneducated and naive. Military is no good. We've experienced them in Naija and we don't want!
The structural problem making politicians misbehave also makes Soldiers misbehave. Democracy is better, we have a say!

Inyanda:


Why the lie...? He never said he is going to recruit 50,000 youths...!!

What he actually said is that, he is going to recruit 50Million youths and feed them with Garri, Agbado and Ewa...!!!

Try and get your fact right before coming online to mislead people pls...!!!

You the one that should get your fact. He said 50million and corrected himself and said 50k. Watch the video and don't listen to hear say.

9jahotblog:
A Yoruba king in Oyo State preaching the Gospel of Jesus Christ in the church . This is the first time I’m watching a king preaching on a pulpit in the church

You should read about Oba Akinyele (Olubadan of Ibadan), i suppose the first CAC president. He was an envagelist and christian/pentecostal radical.

The last supper.

ehikwe22:


Negotiate what? This is delusion de grandeur at play. Who know you? Are you a power block? Do you think the superpowers recognize Nigeria as having any sphere of influence on the west African region?

So you have to be a global power block to negotiate a benefit for you for an event they want you to participate in? Do you know how many individuals who benefited from Ukraine/Russia war and are not even close to war zone? Needless to mention countries? I laugh.

Anybody that doubts Nigeria's capacity to check coup in Niger doesn't know Nigeria so well.
The only reason I'm against aggression is that this is a proxy war. What is in it for Naija? Nothing! Russia and the west can kill one another over expansionist agenda,no bring my country into it.
Except FGN has negotiated something for Naija in all these.

okuta007:



i know you are scared of “losing the cheap data and N30,000 you are being payed monthly to harass those with contrary views to yours on nairaland - If God makes me live as long as methuselah i will gladly accept it - since you don’t want to live long enough to my current age that enabled me see what life really is in Nigeria 🇳🇬 then you are free to leave this world before you clock 40. since being above 40 means someone is methuselah then please don’t make it up to 40 Amen 🙏🏽

Little mind. Keep up your self delusion.
I discuss substance not personality. Now run along.

okuta007:


that was what we said in Nigeria before Abacha took over on November 17, 1993

that coup can no longer happen after IBB handed over to the Interim National Government

take some time to listen or watch IBB interviews and pay attention to his responses whenever he is asked why and how he came to power and how he was able to rule Nigeria for 8 years - you will realize that successful coups are products of total frustration of the citizens because the former government has alienated the people so badly that ones a coup happens 80% of the people will support and celebrate it

No coup is successful if the people are in love with their government or see hope in the leadership of the country

with all this rubbish of February 25 election turning off IREV server and manipulation at collation centers - and fraudulently announcing a winner when everyone is asleep - are things that can create coup sentiments

However it’s not sufficient grounds but once the Judiciary fails to deliver good judgement and the people are totally overwhelmed and angry at the verdict- a coup detat at that point will most probably gain massive support of the people who will welcome it as better alternative than the electoral fraud imposed on the people

And listen - the moment you hear martial music on radio, and soldiers take position across the country - everyone will fall into line

even some of your useless traditional rulers who can not speak the truth at these times when Nigeria is going through hell will be the first to pay solidarity visits to the new coup leader and Head of State

Your Pastors and Imams will line up to be received by the leader of the junta

they will preach about it in church and talk about it in the mosque how God and Allah has restored hope and deliverance to the people

Lawyers like Festus Keyamo will be appointed AG attorney General and they will insult Judges openly and desecrate the very courts they swore to respect and honor

Many a respectable Nigerian you think are very principled democrats will accept ministerial appointments and engage in the propaganda blitz to seek legitimacy for the new regime ( Obafemi Awolowo, Anthony Enahoro and Shehu Shagari served as Ministers under Gen Yakubu Gowon - — Ebenezer Babatope, Lateef Jakande and even Baba Gana Kingibe comes to mind who took ministerial appointments under Gen Abacha in the aftermath of June 12)

Sooner or later - western powers will stop their initial gra gra of denouncing the coup and start pallyinf the junta once they notice the junta has restored stability and then they will start seeking their own selfish interest of continued exploitation through the new henchmen in power

Then you will realize you are on your own - nobody actually cares about wether it’s democracy or military government as long as the interest of regional and global top players are served.

you be small pikin - i lived through. it as an adult and i know the heavens will not fall

sadly …

Methuselah! Fingers crossed.
All I see is post election loss trauma. Keep dreaming.

Anybody Wey try coup in Nigeria dey look for trouble.

Curse777:
IGR tells you the size of your GDP

IGR tells us how much income a government can extract from its GDP. It's not the GDP or its size.
It is an index of the performance of a government as it doesn't arrive by happenstance.
It can also be a predictor of the future GDP of an economy as it's the warchest to drive an economy.
Anybody that undermines IGR, undermines the future if it's economy/development.

💯 in Agreement Reno. Esp your first line is the reason I dislike Obedients.
"People are not evil, or not in their right senses, or haters of Nigeria for not voting for Peter Obi"

To be fair it wasn't just luck for Wike. He was left with no choice. Only Obedients didn't see that.
If he supported AA, AA will still punish him after election
If he isolated himself, any winner will still deal with him
He had to choose a side and he made the pragmatic choice. And galvanized a little support.

001Lagos:

Lagos contributed the highest yet the most indebted state among the states

No wonder the Lagos state civil servants are swimming in abject poverty

And they asked Federal government to help pay thier debt? A n wiru, O n wiru.

JAMO84:
Most Nigerian Parents will complain of 100k in a year school fees, but when it's time for their children to get married, they will spend 2m on a one day wedding.


Most Nigerian students will enjoy cheap education, when they finally graduate and get a job outside Nigeria with the certificate, they will curse Nigeria on social media for contributing nothing to their development.


EVERYONE SHOULD PAY FOR THE REAL COST OF THEIR TERTIARY EDUCATION, ONLY BASIC EDUCATION SHOULD BE FREE

You are correct. I love how "Nigeria has never given me anything" crooners are lamenting now. Thesame people are shouting return fuel subsidy, school fees subsidy, power subsidy....
They won't value something until they lose it.

Again this is an episode that shows how shallow and empty this David is.
I discovered a long time ago that being vocal isn't same as being sound.

Igwe9:
Funny how they increased the exchange rate to collect more Naira from Nigerians to share.
What's the dollar equivalent?
During PDP, they used to give allocations in dollars and the state government can push dollars into the market

Liar! Gave allocation in dollars? Haba!

Karlman:

Honestly I don't care if its a figure of speech, logical reasoning or that the lawyer was standing on ceremony. Give it whatever coloration you care, I am not interested in arguing that with you as long as don't distance Tinubu from whatever his lawyer says! That's where I am asking you to be capable of reasoning.

At least your Rufai and Abati have spoken. You should be able to reason now. Shame.

Just type that on chatgpt. You'll get the answer.

Beautiful submission by Rufai. Truly Obedients are illiterate. How does Rufai submission break any table on anybody's head? Mischief

chibrolex:
Was the lawyer's client not consultated before the argument was made by his lawyer on his behalf?..just dey play

You see why I cringe at Obedients? So coz a lawyer consulted his client, the lawyer should not make a case to persuade judges again? Why then is he in court?