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Nairaland Forum / Kaa4's Profile / Kaa4's Posts
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Politics / Re: Senate Confirms Olukoyede As EFCC Chair, Shehu As NSIP CEO by Kaa4(m): 3:19pm On Oct 18, 2023 |
Belial06:He is a Nigerian Pastor. |
Politics / Re: Agbakoba Defends Tinubu Over ‘Return’ Of Subsidy, Urges Institutional Palliative by Kaa4(m): 8:39pm On Oct 17, 2023 |
We dont need subsidy but a living wage across. Subsidy can never be well managed in an economy like Nigeria 1 Like |
Foreign Affairs / Re: Israel Raids Gaza, Looks For Hostages (Video) by Kaa4(m): 7:10pm On Oct 13, 2023 |
jahsharon:You definitely know what you are saying!!! |
Politics / Re: AFREXIM Shops For $3 Billion To Fulfill Agreement With NNPC by Kaa4(m): 5:12pm On Oct 04, 2023 |
They can raise all the $3 billion from Nigeria. That's why we are hearing of it. They will be oversubscribed on the issue once it is open. So Nigerians will be lending to NIgeria!!! |
Career / Re: How Much Is A 'good' Salary In Nigerian Private Sector Employment by Kaa4(m): 10:00pm On Sep 30, 2023 |
A question on minimum living wage is appropriate and should not be less than NGN150,000.00 per month. The subsidy removal and unifying of exchange rate generated so much inflation. |
Politics / Re: Ghanaian Ex-president, Emir Of Kano, Kelly Sampa, Others Bag Outstanding Achieve by Kaa4(m): 4:25pm On Sep 28, 2023 |
Congratulations for th recognition, but try and mentor the young people. The young ones need all the guidance they can get to be accepted |
Foreign Affairs / Re: Coup Attempt In Burkina Faso by Kaa4(m): 10:43am On Sep 28, 2023 |
FalseProphet1:Your name announces you. |
Romance / Re: Ladies, Dudes Are Not Falling For This Anymore by Kaa4(m): 5:28am On Sep 28, 2023 |
Evolutionism:I was travelling alone in my car and i needed company. So I stopped to pick a lady who appeared to be in desperate need of a lift to the same dstination. I statred a conversation she was busy pressing her phone. The volume of he phone was high em=nough to distract my driving and initally though t was a sound from my engine. Thaat day I regretted doing thta becuse she was useless and could not make a conversation. I got home and told my wife. She just laughed it off. |
Politics / Re: Ex-President Obasanjo Prostrates For Olota Of Ota by Kaa4(m): 5:20am On Sep 28, 2023 |
legitnow1:Omugo!!! What do you know? |
Politics / Re: Tinubu CSU Certificate Fraud: “Save Us From Disgrace", Eze Chukwuemeka by Kaa4(m): 5:53pm On Sep 27, 2023 |
ivandragon:You seem to have this report done by ChatGPT to clear him. So, why is he fighting hard to ensure the records are not public. There is definitely something of substance to hide. |
Politics / Re: FG Still Practicing Quasi-subsidy, Expect Fuel Price Hike – Oil Marketers by Kaa4(m): 10:19am On Sep 18, 2023 |
One way or the other, the government must do something that would make life worth living for Nigerians. Either the government removes subsidises on PMS consumption and directly reflate the low income earning strata, or continue to subsidise, it would have to do something! Clinically it is easier to reflate the economy by empowering the poor to increase consumption and output rather than subsidises which is sure to benefit only very few who are privileged. The first option makes better economic sense, Chikena. |
Politics / Re: Profile Of Olayemi Michael Cardoso, Nominee For CBN Governor by Kaa4(m): 9:38pm On Sep 15, 2023 |
franchasofficia:Oh are you really disturbed about that? The Mannequin had almost the same style!!! That's your APC We've only just begun |
Politics / Re: Meet The Nominees For CBN Governor, Deputy Governors (Profiles) by Kaa4(m): 9:28pm On Sep 15, 2023 |
We hope they have the magic to the dwindling fortunes of the Naira. 2 Likes 1 Share |
Business / Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Kaa4(m): 10:25am On Sep 13, 2023 |
Why cannot the CBN allow this rumour to reign? At least it would help the Naira to some extent. Too much speculation is dragging the curecny down. |
Business / Re: CBN Denies Introducing Policy To Make $1 To ₦1.25 by Kaa4(m): 10:18am On Sep 13, 2023 |
Really redomination is not the answer to Nigeria's FX crises. The answer lies in where the money is going to. Too much slush money is in the economy. Lack of confidence in the economy is draining it of FX. There are no investments that can hold Naira. Too high cost of governance and the mutifarious challenges Buhari put the eocnomy into before he left. 1 Like |
Politics / Re: Aiyedatiwa Pledges Loyalty To Akeredolu As Gov. Sacks Deputy’s Media Aides by Kaa4(m): 6:56am On Sep 13, 2023 |
oyeb15:What about your own people, since you know so much about other people? Let me guess, you are nice and good because you are from Akure/Ondo area? Right? Nonsense. 1 Like |
Business / Re: Interswitch Launches Google Pay Support On Its Payment Gateway In Nigeria by Kaa4(m): 11:51am On Sep 11, 2023 |
Google has fully and finally entered the domestic financial system. Becoming a behemoth 10 Likes 1 Share |
Celebrities / Re: Moyo Lawal Leaked Sex Tape: Actress Reacts by Kaa4(m): 7:48pm On Sep 09, 2023 |
Who is she? All I am seeing is lipstick and exposed cleavage 3 Likes |
Travel / Re: Full Details Of The Lagos Rail Masterplan - Jubril Gawat by Kaa4(m): 8:51am On Sep 09, 2023 |
yarimo:Reno OMOKIRI is jobless and looking for work. Tinubu may consider giving him a job for all the noise and support. |
Politics / Re: FG Increases Price Of Electricity Meters by Kaa4(m): 5:35pm On Sep 06, 2023 |
I paid for this meter 3 months ago with plentyof promises that it would come. I hope they will no tincrease the price retroactively. God save us in this country. |
Politics / Re: $460,000 Forfeiture: Tinubu Qualified To Contest, It Was A Civil Matter - PEPT by Kaa4(m): 2:51pm On Sep 06, 2023 |
We expectred all these. That's why Mrs Odili warned everybody on these things. 1 Like |
Politics / Re: Tribunal Strikes Out APM's Eligibility Suit Against Tinubu/Shettima by Kaa4(m): 10:58am On Sep 06, 2023 |
Whar were you expecting before. To dismantle Tinubu's government? Nah. |
Business / Re: Nigerian Stocks Hit Highest Level Ever by Kaa4(m): 8:18pm On Aug 29, 2023 |
With lies and deceit and slf denial to those who choosed to believe a lie. handsomeyinka: |
Celebrities / Re: Steve Harvey's Marriage Is Intact, Reports Of Divorce Is Fake News - Ned Nwoko by Kaa4(m): 9:02pm On Aug 26, 2023 |
Two paedophiles 4 Likes 1 Share |
Politics / Re: ₦5 Billion Palliative To Each State, Who Is Deceiving Who? by Kaa4(m): 1:35pm On Aug 21, 2023 |
We signed up for this insincererity, so we must enjoy it. Not this government has the feeling for the people. |
Business / Re: FG Mulls Redenomination Option To Stabilise Naira by Kaa4(m): 6:29pm On Aug 20, 2023 |
So many postulations for the beleaguered Naira. The trial and error method will not work if things continue as has always been. Have Nigerian economists considers the problem as that of portfolio choice of rich Nigerians not necessarily to speculate against the Naira but to shift assets against the Naira. Those who are accessing the dollars now do not need it for trading or transaction purpose, but investment and assets issues. So rich people are mopping the dollar where they can find it. Because they see any hope for the currency. That’s is why the problem is stocking up and is not transactions. I consider the solutions to be long term. No immediate term solution is feasible under the current situations without restrictions in the market. Therefore, the short term being proposed would be (a) Documentation on why any buyer requesting for dollars, those who are buying for the assets purposes and investment would be spotted and that would allow those who need to for transactions to have a way in the market. (b) A second issue is those who are assessing the market, who are they? what is their source of the Nigerian currency. Very few people earning low wages are able to access the market presently. (c) Thirdly I would recommend the increase in the minimum wage to a minimum of 100k to empower the low income to earn and consume and firms can be profitable once again. (d) Then the public office holders would have to give up a substantial advantage of their income to assure that everyone is on the same page. This is what will give confidence to the economy otherwise. Redomination will only be beneficial to a section of the financial market and would eventually return worse at the end of the day. There has to be sincerity and courage to give confidence to the investors and the people. Increase income but keep the subsdiy in place NB has anybody asked what happed to the cash borrowed by the Emefiele/Buhari regime. What was the money used for? |
Crime / Re: FBI Arraigns Sakiru Olanrewaju Over $25M Wire Fraud; Faces 30 Years In Prison by Kaa4(m): 10:06am On Aug 19, 2023 |
LagosFirstSon:What does the Fulani/Hausa people do? Defraud the people!? |
Politics / Re: Throwback: Godwin Emefiele, Wife And Son (photo) by Kaa4(m): 7:06pm On Aug 18, 2023 |
I predicted he would go to jail. At least he has tasted it. He has been used and dumped. Buhari cannot save his ass now. People like him are the ones spoiling the profession. The next Govenor be better wisen up! 1 Like |
Romance / Re: Nigerian Man Flaunts His Beautiful "Oyinbo" White Girlfriend (pics/video) by Kaa4(m): 3:23pm On Aug 18, 2023 |
Correct onlyboyson: |
Sports / Re: Five Female Footballers Who Removed Their Jerseys To Celebrate A Goal by Kaa4(m): 6:54pm On Jul 29, 2023 |
BoldBrainz:Omo ake! |
TV/Movies / Re: What's That Movie You Watch 3 Times But You Still Feel Like Watching It Again? by Kaa4(m): 12:23pm On Jul 27, 2023 |
Fast and Furious 5 |
Travel / Re: Int’l Travels: Airfares Hit Rooftop In Nigeria As Ghanaians, Others Pay Less by Kaa4(m): 2:28pm On Jul 22, 2023 |
Reading through i dsicover that there is no corect econmic staeemet here. The issue is that there is higher traffic ifrom Nigeria which should push down the price, but there is no reproticity. Then the high traffic is complemented by by unstable enviroment forced by instability and delayed exchanger transfrer. So, bascially the airlines are all exploiting the unease in Nigeria with the issue of high traffic. The goverment cannot intervene because the issue is basically imposed by the airlines. Only good competition and ceompetiive enviroment will force the price down. So airlines would not abandon the Nigerian route no matter how tough or unstable. It is lucrattive at least by 2 times of the normal routes. 2 Likes 1 Share |
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