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Nairaland Forum / Nairaland / General / Business / Naira Down To N1,505/$ In Parallel Market (9266 Views)
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Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 4:22pm On Jun 25 |
Kobojunkie: Take Buhari to the America and make him potus and let's see what would happen to that country.....there is a reason organisations seek to hire the best brains around to get their job done and not dim wits.....you either make something better or worse,it's only dependent on who's in charge |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 4:23pm On Jun 25 |
Streetdoctor: If obi is who the Igbos think is their Messiah ...I don't know what to say. |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 4:24pm On Jun 25 |
Lithiumite:I keep saying this... the moment a typical Nigerian is cornered, he begins to ramble and run around like a chicken without its head. What in the world has this here to do with the topic or my previous comment for Pete's sake? |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 4:38pm On Jun 25 |
Kobojunkie: I was only inferring that tinubu was very influential in the upward trajectory Lagos as been on since he was in office.....in the 90s Lagos had taken a downward trend before he came in.....refuse, security,bad roads,poor traffic management, inefficient civil service, decrepit schools,parlous health care system very degenerate and the most chaotic transport system to mention a few.....I don't know how long you have been gone for but it started taking a turn around in 99 when tinubu came on board. |
Re: Naira Down To N1,505/$ In Parallel Market by Brendaniel: 4:39pm On Jun 25 |
Lithiumite: Rest, if you still don't know what the Lagos scam is as at now, then you might still have a long way to go in understanding governance and leadership.... |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 4:50pm On Jun 25 |
Lithiumite:Tinubu had no such influence in Lagos; there are no records to prove any such. Yes, Lagos had taken a downward trend in the early part of the 90s, however, the Mohammed Buba Marwa Government that preceded the Tinubu government takes credit for turning that trend around before Tinubu showed up and thought to do nothing for the next 8 years that followed it. Marwa accomplished in just 3 years in Lagos State what Tinubu could not do in all 8 years as governor of Lagos and also in his time so far as President. Go back through the records and see this for yourself. Marwa, not Tinubu, turned the tides in Lagos. Tinubu only sat back and amassed wealth for himself for the first 8 years of democracy in Lagos. https://en.wikipedia.org/wiki/Mohammed_Buba_Marwa Again, these attempts to rewrite the story of Lagos in favor of a man who did nothing in the state for 8 whole years only go to reveal how devastated and reduced the minds of so many in Nigeria have become when it concerns the state of things. Repeating these same lies regarding Tinubu's will not change the fact that his record as a state governor was deplorable. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 4:56pm On Jun 25 |
Kobojunkie: Marwa did his beat I agree but Lagos needed a visionary leader who could harness the potential of the state for even more development......you can hate him all you want....tinubu has his imprint on all the major developments in the modern Lagos.....even having good successors who share and keep to your ideology is no easy fit and he has been able to achieve these. |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 4:58pm On Jun 25 |
Lithiumite:Again, Marwa was the visionary Lagos had. In less than 3 years Marwa accomplished much of the development that sustained most of Lagos throughout the comatose years of the Tinubu government in Lagos State.. 2. Hate? Hate or like has nothing to do with stating the facts as they in fact are recorded. This is about collapsing an obvious misinformation. Tinubu's record in Lagos State of a Governor who accomplished absolutely nothing in all of the years he spent in the state. Fortunately, the governor before him had done a good enough job that Lagosians were able to survive until Fashola then showed up to continue from where Marwa stopped. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 5:01pm On Jun 25 |
Brendaniel: I bet you don't even have a 4 by 4 corner store you run and you come on here yapping about governing a state......if you have facts bring them up and stop making ill informed innuendoes. |
Re: Naira Down To N1,505/$ In Parallel Market by Blazetrailer: 5:05pm On Jun 25 |
Gosh! Maybe you should have kept quiet. According to Abraham Lincloln..."Better to be quiet and be thought a fool than to speak/write and make it absolutely clear, removing all doubts that you are an idiot" All you have written below make my initial position about your knowledge of economics and current ongoings apt. For someone who thinks there is no more subsidy, your knowledge of macro economics is laughable. Only an idiot will not realise that it was unwise to devalue the currency in order to ward off rent seeking in an unproductive economy. If you keep devaluing, it makes the rent seeking more prominent... Lithiumite: |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 5:06pm On Jun 25 |
Kobojunkie: Even fashola you mentioned will laugh at your misinformed innuendos |
Re: Naira Down To N1,505/$ In Parallel Market by Brendaniel: 5:09pm On Jun 25 |
Lithiumite: Well, I don't need to argue much with you, just read the screenshot below from my comment in 2022....
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Re: Naira Down To N1,505/$ In Parallel Market by Blazetrailer: 5:10pm On Jun 25 |
The more you write, the clearer it becomes that you are a retard. How have others managed it to not create a 200% inflation in the economy, reduce the economy from the largest in Africa ti the 4th position, with a further projection and continuing recession...? Only a stupid leader will accept to be a can carrier of the failure of all others in the name of boldness.....he has succeeded in crippling and destroying his government by not being tactful. Nigeria can never recover from his blunders. Watch the economy deteriorate further soon. Those his blunders will consume his government. Lithiumite: |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 5:13pm On Jun 25 |
Lithiumite:What has Fashola's opinion to do with what is on records? We all know how godfatherism occludes people's abilities to reason in Nigeria. So, why would Fashola's opinion matter where the actual records in the state are concerned? Those who lived in Lagos even before Democracy and Fashola showed up on the scene know what happened in Lagos. So why would a man's comment change any of that?
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Re: Naira Down To N1,505/$ In Parallel Market by Streetdoctor: 5:27pm On Jun 25 |
Lithiumite:For now tinubu has proven that he's worthless to occupy d office. Infact he has made buhari looks like a magician |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 5:38pm On Jun 25 |
Streetdoctor: Only people averse to facts and reason think that way....every right thinking person knows there is a gradual reform going on,though slow but it will definitely turn around. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 5:43pm On Jun 25 |
Kobojunkie: So you have better information than the same fashola you just referred to as one of the best give Lagos had? Even fashola would laugh at your illogical inference. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 5:47pm On Jun 25 |
Blazetrailer: The previous govts only averted Doomsday.....they basically just papered over the cracks and now it's gotten worse.....every informed and intelligent person knows the fate we are in at the moment was inevitable it was only a matter of time. If you decide to leave in a fairy tale that all had ever been well with Nigeria.....I don't know how more retard one could be. |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 5:51pm On Jun 25 |
Lithiumite:Does Fashola equally have better information than the records of the State of Lagos itself on what transpired? Like I said, it doesn't matter what Fashola may think of his godfather as I expect for him to offer up a narrative favorable to those from whom he fed. What I do know is that the records in Lagos State are clear as far as whom it was that indeed impacted development in the state in terms of tangible progress, and it so happens that Tinubu was never one of those politicians in the records of the state. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 6:04pm On Jun 25 |
Brendaniel: I was in Onitsha in 2010 for 3 months when obi was governor.....I stayed on awada road obosi and our office was 10 otigba str Onitsha GRA.....our project was Onitsha main market and it was a pilot project for paying fiber cables within the market and having a telecommunication network for the market with security surveillance with CCTV cameras......Onitsha was the most unsecured city I had ever been.....by 8 pm the entire streets were deserted and residents feared to throng outside past 9pm at the latest,Onitsha was dirty and there was hooliganism on another level that I never saw before in Lagos..... looking across the Niger at night,asaba was like America compared to Onitsha....the streets were well lit all the way from okpanam upto the bridge head while Onitsha was peach dark. Anambra vigilante service were in existence then and we're feared for their extra judicial measures....Onitsha was a big mess and is still is....obi was the governor at the time!! Obi had the opportunity to transform Onitsha to a modern mega city or at least lay the foundation for it but he failed even at getting the right successor he was abysmal at that too. |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 6:12pm On Jun 25 |
Lithiumite:This is why I say that when cornered, the typical Nigerian begins to ramble! 🤔 Obi's shoddy record as governor of Anambra state does not in any way excuse the statement you made about Tinubu being the best on the ballot last year. It doesn't. Nor does it excuse the fact that his mediocrity has been showcased at the national level for over a year now with all of Nigeria suffering it. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 6:12pm On Jun 25 |
Blazetrailer: Your knowledge of economics is at best pedestrian from your warped assertions.....so you mean to say the govt should have kept subsidising the dollar with loans..... devaluation isn't a totally bad thing and the JPY had been devalued longer than I can remember and the economy is still doing well....it only makes export more attractive than imports which is a plus for any economy.....and for the last time,provide us with facts of subsidy being paid and stop yapping bollocks. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 6:22pm On Jun 25 |
Kobojunkie: You can decide to pitch your tent wherever you like but you just illuminated my initial point that tinubu was the best of the 3 when you compare his legacies with that of Obi not to even mention atiku....they were both governors for 8 years and we know which ones legacy still exists and even 3 govs I believe are far more informed and better placed to lay facts bare after him still alludes to that fact. On the national scale I believe it's a different kettle of fish and his performance has been quite discouraging but I did would like to cut him some slack as he has made some policies that looks good going forward..... heaping the entire gamut of our woes on tinubu to me is grossly a misrepresentation of facts and totally unfair. |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 6:29pm On Jun 25 |
Lithiumite:1. Lies! By no measure was Tinubu anywhere near the best even when you compare his so-called legacies to that of Obi, Atiku, and Kwakwanso. So stop spewing that lie! 2. Wrong! The chances are next to nil that a performer whose records indicate mediocre performance at the state level would do better at then national level. |
Re: Naira Down To N1,505/$ In Parallel Market by Blazetrailer: 7:11pm On Jun 25 |
Mumu....somebody below already responded to you that dafts like you need someone to show him that rain is wet before you belive it . I'm sure you will realise your buffonery soon when the government will no longer be able to hide the amount they are paying in subsidy. Then retards like you will be annoyed with themselves for being taken on a fool ride by the Government. Oponu agabalagba. Chose what you wish to believe. Secondly, the fact that you used Japan, a productive economy with more exports than imports, a country regarded as the 3rd4th largest economy in the world as an example if why Nigwria devakustion is justified showed how shallow your knowledge of comparative economics is. Sorry bro, It's not with your ilks that I discuss macro economics and socio politics... you are too demented to be engaged, honestly. And, sorry again if the above paragraph comes to you as an insult, I just don't know how else to put it politely. Any sensible ordon can see that you are infantile in international economic matters. As an assignment, go and Google Japan's GDP, NI, GNP, etc using World bank site, compare it to Nigeria's, and then come and review what you wrote below. Or better still, show it to an SS1 student who just stared taking economics, see whether the student won't look at you as a comedian or ask you if your head is correct Lithiumite: |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 7:19pm On Jun 25 |
Blazetrailer: If you all could believe obi won the last election then it's not hard to tell how dimwitted you are .....provide facts you can't.....dangote even told you the current price of petrol is within the viable threshold they can run with..... someone like you that doesn't even understand the dollar was being subsidised to the benefit of a select few and a govt insisting on stopping the Shylock abitarage you are complaining they have devalued the naira not even knowing what it means ...you get given candies in those pinky and the brain fora you all belong and run with it and start spreading falsehood. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 7:27pm On Jun 25 |
Kobojunkie: Keep playing the ostrich,the first paragraph laid you bare as an irredeemable hater.good luck in your tomfoolery....I can't help you. I am an ardent supporter of restructuring and tinubu has always been a proponent of that as against any of the other two....that for me is to priority every other thing is secondary |
Re: Naira Down To N1,505/$ In Parallel Market by Blazetrailer: 7:30pm On Jun 25 |
You see your foolery outside. I'm not even an Obi supporter, neither did I participate in the election. I was out and still out of the shit hole. A fool like you that is comparing Japan's economy to Nigeria's as a justification for devaluing the currency, what an SS1 student just starting economics dare not even think of, shows your level of umderstanding of economics. Infantile. Its not with your ilks that I discuss with or debate macroeconomics, you are to daft. Lithiumite: |
Re: Naira Down To N1,505/$ In Parallel Market by Kobojunkie: 7:30pm On Jun 25 |
Lithiumite:Your statement that Tinubu was the best of the 3, against known records, more than certifies you as the fool in this case. It is indeed sad that this is what what a young Nigerian has been reduced to doing in hopes of winning a favor from those in office. Unlike in many states where records can be easily whitewashed, Tinubu's appalling record in Lagos State cannot be easy wiped clean or removed from history. |
Re: Naira Down To N1,505/$ In Parallel Market by Brendaniel: 7:41pm On Jun 25 |
Lithiumite: The main question you should be asking is did Peter Obi leave Anambra better than he met it? And was Tinubu the person who made Lagos what it is a today? |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 7:46pm On Jun 25 |
Blazetrailer: Who is more degenerate here,some rejoicing and glad he is out of his mother land slaving away in another man's land....how more degenerate can one get!! For your info,their are others who also travel out of the country but still have the resilience to remain here and help grow the country...... you can't even engage in meaningful discourse with a depiction of civility but keep disgracing yourself with half truths and bare faced lies. |
Re: Naira Down To N1,505/$ In Parallel Market by Lithiumite: 7:54pm On Jun 25 |
Kobojunkie: Lekki development was started by whom,the deep sea port,the curbing of the ocean surge,the re building of the access roads on the Lagos island,rrs, millennium schools,the improved IGR of Lagos state even without allocation for local govts he was still able to run the state,brt to mention but a few.....atiku on the other hand has never been tested at leadership level and we all know how it went when he was vice president.....obi on the other hand can still not be compared to tinubu when you place their achievements and legacies side by side.....I would appreciate if you could lay some of obi's legacies perhaps I might be willing to have a rethink |
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