A

macino1:
Nice one. We need more of expect product to strengthen the naira

yes but are you going to export and then sell your forex to CBN at the official rate? I think not.

NAIRALANDERS, kindly help me circulate this message throughout social media until Buhari begins to hear word.
Abeg una please.
And feel free to add your own thoughts, eg-

*when exactly do you intend to implement your 2016 budget of change? Or-
*How come your people can't find tompolo? Or-
*When will all the lying stop?!
-------------------
Baba bubu, pls recall wot led to ur ouster
30years ago.

You've been replicating policies
that are 3 decades old- only this time you're
spending hard currency on needless travel.

You have ambassadors, several attaches and
many nigerians with business interests in all
these nations you've visited. Any one of them
would gladly represent you and nigeria in
whatever forum- unless of course, you deem
them as incompetent, untrustworthy or otherwise unfit for the role.

There are retired armed forces' officers who
haven't been paid their pensions for some
months. Now, rank and file soldiers are
allegedly complaining.

Let us forget that you wasted 6 months looking for saints. At least you could've spent the time meeting with fellow stake-holders of this nation to find out how to solve our myriad problems.

Sit down and face your work.

A word is enough for the wise.

9 billion dollars I doubt if Apple, Google and Facebook generate that amount in a year. But nevertheless kudos to the owner(s) of the company.

Nigeria is now a country where false propaganda rules. 9 billion my a$$

So what this incompetent oaf at the CBN is saying is that this unnamed company did $9b in export sales...that's roughly equivalent to a third of the #BudgetOfYams that this present government proposed. So what figures did this company do in local sales? Or does he mean to say that the company sold it's entire starch production to export markets with nothing for local consumption.

Sometimes these people think all of us are illiterate and we don't understand basic economics and mathematics.

It's sad but even esteemed institutions like the CBN have resorted to cheap propaganda.

Well a proverb says even if I don't know you are lying to me, you will not be stupid enough to believe your own lie.

We are watching in 3D...

Ecoterrorism:
Don't believed anything you hear from this APC govt because of madness.

9billion dollars in export and we don't know the company.



Jux negodu how this people are mentioning Zimbabwe dollars anyhow

Clap for yourself.

veraponpo:

It is either he said N9b or $9m, it couldn't have been $9b for that company alone.

Very impossible case for now.

u funny sha....

No mind that man he doesn't know the difference between Million dollars and billion dollars just as he doesn't phone the difference between Cassava farm and NNPC

kayfra:


Don't be ignorant. 1 ton goes for $500 and you have 20 tons in a container. You need to have shipped 900 container loads to make $9M. An easy feat and 900,000 containers to make $9B. An arduous task.

Thanks for the simple arithmetic. APCshit government deliberately use interchangeably Naira and dollars, millions and billions when it is convenient for them to continue with their propaganda.

Buhari for instance mention 2.2 Trillion 'mopped' through TSA single account system as if it is new money or stolen money that was recovered. It was deliberate to deceive the people and dishonest on the part of Buhari.

One thing is sure, Buhari has no idea on how to run a 21st century economy.

Toeyoursea:
Some people will not read the post and think $9 billion sales is the same as $9 billion profit.

Even if it is sales, do you honestly believe that this fictitious company REALLY did that volume in export sales?

If you do, then it's just sad!

I am sure he meant N9bn

cant make head or tail or the story, $9 billion would have attracted much more scrutiny.

kayfra:
Can't be $9 billion. Probably NGN OR $9M

A whopping nine billion dollars...WOW

kayfra:


Don't be ignorant. 1 ton goes for $500 and you have 20 tons in a container. You need to have shipped 900 container loads to make $9M. An easy feat and 900,000 containers to make $9B. An arduous task.

God bless you!!!

Wizprodigy:

Even $9 million is pure fraud. Cassava starch would even give you that amount in 1 year. Who eats cassava starch when there is wheat flour? Cassava starch and bakers went on strike? Haba, unless they are making it in zimbabwean dollars then.

oga it is industrial starch. industrial starch from cassava is not in the same league as wheat flour used by bakers. industrial starch has a lot of industrial applications and is actually in high demand worldwide.

veraponpo:

It is either he said N9b or $9m, it couldn't have been $9b for that company alone.

Very impossible case for now.

It's called propaganda.
Why do you think all the special appointments are on media this and that.

There is no company in Ibadan that did any 9B dollars business in one year without employing Atleast 300 people.
Which company is that?

What is the amount of all the cassava in Nigeria?

This is so not true


I find this hard to believe. I agree that local production have soared but $9 million

Toeyoursea:
Some people will not read the post and think $9 billion sales is the same as $9 billion profit.

Don't be ignorant. Even $9B in revenue is impossible unless you're saying he's the sole exporter/distributor of industrial starch in the world which in any case is still impossible.

vigasimple:


Thanks for the simple arithmetic. APCshit government deliberately use interchangeably Naira and dollars, millions and billions when it is convenient for them to continue with their propaganda.

Buhari for instance mention 2.2 Trillion 'mopped' through TSA single account system as if it is new money or stolen money that was recovered. It was deliberate to deceive the people and dishonest on the part of Buhari.

One thing is sure, Buhari has no idea on how to run a 21st century economy.

IGNORAMUS.
First of all the President did not say he produced the 2.2 trillion Naira money from nothing . It was government money kept in a lot of accounts much of whom would have been stolen.
Let me tell you , organization's like NPA, NNPC, NIMASA make hundreds of new millions of dollars daily. All that money was all leaky and it even alarmed Jonathan's government and they started TSA.

You guys are completely un educated about this stupid expression "modern economy".
It appears you are too dumb to realise that a lot of it is playing into the hands of international bankers and interests.

Also there is no politician alive who knows how to run a MODERN economy. Please get some education . Please name the country that is run by an economic genius or financial expert. NONE.
Obama is a lawyer and community organiser. Cameron is a lawyer. The most efficient economy in the world is Germany the woman Chancellor is a Physicist. Putin is s lawyer.
The head of China is a lawyer.
Let me educate you. The job of the leader of a country is to make the right choices based on advice and motivate people. In fact the main thing he does in the economy is to channel resources between the classes in society Upper, middle or lower. That is why the US budget is a bitter war between Obama and Congress.
If you do social welfare you encourage the middle class who will consume more and buy more goods so the economy grows. If you reduce taxes and help rich business owners they will invest more and employ more people . Two good things but you cannot have them both.

Sunnybobo3:


Believe APC agents at your own peril

Nice drawing check out www.megastoreinc.com

Wizprodigy:

Even $9 million is pure fraud. Cassava starch would even give you that amount in 1 year. Who eats cassava starch when there is wheat flour? Cassava starch and bakers went on strike? Haba, unless they are making it in zimbabwean dollars then.

Relax. The Zombies and the ethnic warriors are already denying that he meant 9Billion dollars. They said he probably meant 9 million dollars, which is still big fraud.
How much is the total revenue generated from all the cassava in Yoruba land?
Let alone the starch.

No wonder they are employing media this and media that.

kayfra:


Don't be ignorant. 1 ton goes for $500 and you have 20 tons in a container. You need to have shipped 900 container loads to make $9M. An easy feat and 900,000 containers to make $9B. An arduous task.

Cassava starch does not generate 9 billion dollars in the entire universe in one year without the world talking about it everyday.

That money is enough to turn Ibadan into A modern city.

Dollars or CFA? abegg stop the bulsht

9 billion dallars
even America will know

symbianDON:

oga it is industrial starch. industrial starch from cassava is not in the same league as wheat flour used by bakers. industrial starch has a lot of industrial applications and is actually in high demand worldwide.

So because it's industrial starch, a farmer in Ibadan did 9Billion dollar transaction without our knowledge?

Please how much did Nigeria get in oil sales last year?
How much did this company pay in taxes since the CBN man seemed surprised that such transaction happened in Ibadan.

mallamseifaldin:
$9billion dollars?
Na him our economy dey collapse?


Baba please do something our enemies have started laughing at us.

That's wen U know someone is on cheap weed up there at CBN

Wizprodigy:

Even $9 million is pure fraud. Cassava starch would even give you that amount in 1 year. Who eats cassava starch when there is wheat flour? Cassava starch and bakers went on strike? Haba, unless they are making it in zimbabwean dollars then.

You probably thought everyone eats Cassava starch like you.

Holyman3:


So because it's industrial starch, a farmer in Ibadan did 9Billion dollar transaction without our knowledge?

Please how much did Nigeria get in oil sales last year?
How much did this company pay in taxes since the CBN man seemed surprised that such transaction happened in Ibadan.

symbianDON:

oga it is industrial starch. industrial starch from cassava is not in the same league as wheat flour used by bakers. industrial starch has a lot of industrial applications and is actually in high demand worldwide.

My people in the Delta have been eating casava starch more than 200 yrs ago. This news is fraud.they have to come up with some fake good news to calm nerves.
In other news see what's happening in venuzuella.

doctokwus:
This is ethnic rivalry taken to ridiculous heights.
What is nigeria's total oil export,is it up to $9b that just industrial starch from just one company,not even entire agric export wud fetch $9b?
Maybe they meant 9b Zimbabwe dollars!

Must you see everything through the lens of ethnicity? You're better than this (at least, I hope so).