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Nairaland Forum / Nwapst's Profile / Nwapst's Posts
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Celebrities / Re: Wilfred Mong, DsilentG, Marries Uchena In Anambra - PHOTOS by Nwapst(m): 5:29pm On Nov 29, 2016 |
Happy married life the Silent G. We are proud of you |
Politics / Re: Buhari’s Economic Reforms Are Bold – Obama by Nwapst(m): 1:39pm On Sep 21, 2016 |
OP For sake of emphasis and to shed some light, I would like to explain the following issues: i) Yes, much money was made during Jonathan's administration, but the Governors through their umbrella body (Governors' forum) insisted on sharing the money. It was in this country that they (Gov's Forum) took Jonathan to court and eventually all the money were shared. Those Governors then, are the 'so called' non corrupt APC Governors today. ii) I am aware that the recession was not caused by Jonathan rather by bad policies and stubbornness of the current administration. I may not have the right words, but since you quoted Okonjo Iweala, may I also quote her former colleague Oby Ezekwesili on the cause of the recession: Pls read and be enlightened still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think that if Jonathan were to still be in power, we would be worse off. The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language. Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors. After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their investment and change their money to dollars. In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate. Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush. To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the emergence of free FALL. In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall. To those who believe it will be worse if Jonathan is still there, you are all wrong. Policy continuity and political stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income shortage, the private sector will weather the storm by their confidence in the market. The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50 billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge. Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians. For your information, if your president "kontunu" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank God, he is no longer talking. 1 Like 1 Share |
Politics / Re: What Is PMB Telling This Man Just Before Jetting Off To London (photo) by Nwapst(m): 5:38pm On Jun 07, 2016 |
Buhari is saying - Let me warn you, I dont trust Osinbajo nor Tinubu! you are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us by the side. |
Politics / Re: What Is PMB Telling This Man Just Before Jetting Off To London (photo) by Nwapst(m): 5:20pm On Jun 07, 2016 |
Buhari was saying - Let me warn you. I dont trust Osinbajo nor Tinubu! You are in charge. Make sure you dont take your eyes off these Igbos and Yorubas especially that one looking at us behind. LOL |
Romance / Re: What's The Matter With Our Ladies Of Today by Nwapst(m): 10:53am On Oct 23, 2014 |
arimahoseloka: Do you really think its about being an old timer?? I think someone needs to think out of the box here. |
Romance / Re: What's The Matter With Our Ladies Of Today by Nwapst(m): 10:50am On Oct 23, 2014 |
clean2: 10:10am Repent now of your sinful evil ways to avoid spending eternity in hell fire,,,,Jesus christ love and warn you to repent and convert now to christianity to avoid hell fire when you die. Hehehehe, bro, do you have to showcase your ignorance and frustration. Can u swear u neva had a girlfriend all your life? |
Romance / What's The Matter With Our Ladies Of Today by Nwapst(m): 10:06am On Oct 23, 2014 |
...but there was a time in this country when all one needed to have a girlfriend was to speak good grammar and dress neat. Read and exchange James Hadley Chase, Mills and Boon, Nick Carter etc. What's happening now because I seem to be missing something?
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Politics / Re: Military Reclaims Michika, Gulak, Uba Kills And Repels Insurgent From Vintim by Nwapst(m): 3:35pm On Sep 10, 2014 |
Good news. I have a dream, that one day (very soon), Bokoharam will be history. |
Family / Re: How Many Of You Ever Drank Water From This? by Nwapst(m): 5:13pm On Aug 27, 2014 |
Yea, I drank from that pot. Certainly not for the indomie generation. |
Nairaland / General / Re: 21 Death-defying Photos That Will Make Your Heart Skip A Beat! by Nwapst(m): 3:13pm On Aug 13, 2014 |
dimples2: I can do some not afraid of heights My dear, u need to look at those stunts again. Those are suicide missions |
Politics / Re: Nasir El-rufai Criticizes GEJ For Trying To Save Al Makura's Asss by Nwapst(m): 9:56am On Jul 25, 2014 |
The only thing this guys knows is criticism, nothing more. 1 Like |
Fashion / Re: Visual Guide On How To Buy Men's Suit - GQ STYLE. by Nwapst(m): 4:07pm On Nov 26, 2013 |
Great job. Its quite disgusting how people wear sacks these days in the name of suit. Am sure we are going to take a thing or two out of this piece. |
Religion / Re: Is Faith Incompatible With Reason? by Nwapst(m): 6:54pm On Jun 08, 2013 |
OP, Faith and Reason are direct opposite of each other. The word of God made us to understand that He uses the foolish things of this world to confirm His wisdom. Abraham against hope and reasoning believed in hope and it was counted for him as righteousness. I maintain that we are not wise enough to reason the things of the spirit. Faith always sounds and look unreasonable because it is spiritual, but yet it works. The word works. 1 Like |
Family / Re: Letter To My Child - From A Trying To Conceive Husband by Nwapst(m): 9:55am On May 31, 2013 |
My broda, it is well with u and ur wife. I have an idea of what u are going thru. However, am convinced ur prayers has been answered already. U hv started well by sowing seeds in his name. Just continue in that direction. That was my formular and it worked for me. Congrats in advance. |
Romance / Re: Singles, What Are Your Plans For Valentine's Day? by Nwapst(m): 3:28pm On Jan 29, 2013 |
I pick wendy. Dunno where on earth she is now. |
Politics / Re: Completed Projects In Abia State by Nwapst(m): 10:26am On Dec 14, 2012 |
I have neva seen a clueless id-i.ot like this poster. How much were u paid to disgrace urself. Other govs a celebrating excellence and u r here posting a photoshop. Quit supporting evil in ur own interest. |
Car Talk / Re: Infor On Audi A4 Car by Nwapst(m): 12:46pm On Nov 09, 2012 |
Nawa o, how come nobody is commenting oo. Abeg make una help a brother nah |
Car Talk / Infor On Audi A4 Car by Nwapst(m): 9:04am On Nov 09, 2012 |
Dear Nairalanders I am considering buying an Audi A4 car, 2005 model, 2.0 engine capacity. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal. Abeg make una help a broda. |
Autos / Info On Audi A4 2005 Car by Nwapst(m): 5:55pm On Nov 08, 2012 |
Fellow Nairalanders, I am considering buying an Audi A4 car, 2005 model. Any useful information on the performance of the car, availability of parts in Lagos Nigeria as well as likely problems associated with the car would be appreciated to enable me conclude the deal. Abeg make una help a broda. |
Car Talk / Re: Honda CRV Owners Forum by Nwapst(m): 10:47am On Aug 07, 2012 |
Honda CRV is a very wonderful car, I have been using it ("03) for a while now and the performance has been impressive. You may need to be mindful of the gear oil to use, as that might be the beginning of ur gear wahala. 1 Like |
Politics / Re: Governor T. A. Orji Flags Off The Public Sale Of Kerosine Today At Umuahia Stadi by Nwapst(m): 12:04pm On Mar 20, 2012 |
Doctokwus, u seem to have d best adjective (backward thinking) to quality dis Abia Gov. Can u imagine a gov asking people to come and cue in a stadium because of one kerosene. What happens to all those living in the rural areas. mtsweeew |
Politics / Re: S H O C K E R Governor T A Orji Has Sacked Half Of His Cabinet Member by Nwapst(m): 11:26am On Mar 05, 2012 |
So, is it those people that is stopping him from performing. Clueless governor |
Religion / Re: How Churches Make Their Members Buy Their Books by Nwapst(m): 10:37am On Mar 05, 2012 |
Grey Beard, am certain that one day, u will attract a course from the spirit, since u cant think of anything gud to do with ur life than criticise Men of God. I wish u best of luck though! just continue |
Politics / Re: Ta Orji Disgraced At Aba During Ojukwu Burial Rites by Nwapst(m): 5:23pm On Feb 28, 2012 |
I wish there were better disgrace given to him. Some of us from Abia has already given up because we know we dont have any governor. We only have one baboon feeding fat on us. Am not surprised at people like patrikobi, am sure he is part of the ba boon. |
Romance / Re: Is It Wrong In Any Way To Ask? by Nwapst(m): 12:55pm On Apr 06, 2011 |
Well, I dont see anything wrong with helping to loose the hair. As a matter of fact, I de help ma girl anytime she ask |
Romance / Re: A Perfect Song! by Nwapst(m): 3:23pm On Apr 05, 2011 |
Dare Art Alade - You are not the girl I used to know |
Romance / Re: I Hate Men! by Nwapst(m): 2:56pm On Oct 21, 2010 |
Poster, living on the past will definitely affect ur future. I know there a lot of gud guys out there. Free ur mind am sure God has a package for u. |
Romance / Re: Some Men Are Fastidious And Voracious by Nwapst(m): 1:02pm On Oct 19, 2010 |
What did men do again, this time?? |
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